Price settling at $420.

[Graphics]

I think that the price is actually settling this time.

I mean it has been volatile for so long, it's a good to to have a floor of around $420.

[MissionPhailed]

Well, gotta agree with the majority here; I think price will maintain the current value for several days, and will go upwards again before the next weekend. Its probable that the increase in price in the last 7 weeks (we're now talking about roughly $150 up in that period) has 'generated' enough trust for more people to go ahead and buy.

[bearex]

I think it will rise until christmas, up to $550 and then fall back just belo 400, like $370 somewhere.

[BruceLee007]

yeah the price seems to be pretty stable and thats a good thing i dont want to rimember the times when the price was two times lower lets hope it will never happen again as that would be a massive loss for me

[MatTheCat]

BTC/USD seems to be stabilised at around $420-$430.

Thoughts and predictions where it's going to next?

Obvious text book bear flag. Whether it tests low ($403), or finds a new low remains to be seen.

[jt byte]

$420 - $430 isn't too bad, not at all actually. I think it may stay around this value up until next week or so and then we might hit $500 somewhere in the week of Christmas.

[HarryKPeters]

$420 - $430 isn't too bad, not at all actually. I think it may stay around this value up until next week or so and then we might hit $500 somewhere in the week of Christmas.

I agree with your statement. The value just kept going down yesterday, I was afraid to look so I stopped. I was afraid it would go back down to below $400.
I'm glad it didn't and since it stayed above the $400 mark, I still believe we have a chance to hit $500, if it stays this way, it's not that bad either.

[MaritiJames3]

Right now it is safe to say we are in an unpredictable market. The price can go up and down. That's the scenario.
Setting at 420 will be safe to say if we have this price for a couple of weeks. Not a few hours or a day.

[White sugar]

420 is the new floor.

Next we will be attacking the 500 level, as we already did with all the previous barriers since the 200's

[richardsNY]

Right now it is safe to say we are in an unpredictable market. The price can go up and down. That's the scenario.
Setting at 420 will be safe to say if we have this price for a couple of weeks. Not a few hours or a day.

The market has been unpredictable since the very beginning. Last days are good moments for purely traders to sell if they bought sub $300. Believers will keep holding no matter what.

[azguard]

Seems stable for the moment im hopping for another jump and hitting 450 wall again and that will be next stable price

[sishendaoye]

The price is sitting nowhere. It's as volatile as hell. No way a safe range can be determined at this mometn.
I think we will have wait a few more days and see where the price will be settling down.

[bitcoin-hunter]

I think bitcoin will be just stable around 450 dollars at the end of the year.
If doesn;t go what I speculate this price is also oke.

[Coin0fMisery]

I think bitcoin will be just stable around 450 dollars at the end of the year.
If doesn;t go what I speculate this price is also oke.

I think it wont. My thoughts are it goes up untill christmas to around 500 dollars and then falls back to steady $400. So we actually see slow climbing (from stable 270 to 330 etc). So everytime it goes up it will fall down again, but higher then it was when the upwards trend started.

tl:dr
It will go higher than 450 but then fall to 400 by the end of the year.

[randy8777]

Seems stable for the moment im hopping for another jump and hitting 450 wall again and that will be next stable price

it looks stable, if we stay around this price level for a longer while then people can buy more as some of them are waiting for their salary to post.

[treeguard]

lets hope it will not fall down back to 300

[lexuz]

$420 - $430 isn't too bad, not at all actually. I think it may stay around this value up until next week or so and then we might hit $500 somewhere in the week of Christmas.

Yeah but i dont hope price like now until new year, so in the next year we have new bottom and maybe next year we don't see again price below $400

[Whosdaddy]

A settling price around $420 must be good sign for reaching $500. The charts of 200 days moving average analysis are saying more strong up trend. I believe we are going into the new year with bitcoin prices are above $500 levels.

[azguard]

yes currently price is stable and jump are here and down you can make some in this up down trend but i dont expect to go over 450 and maintain 450 maybe we will see break in january

[dinda22]

current prices will be stable until date 20th and will jump $500 when approaching Christmas and end of year