Will bitcoin go back to bellow $400?

[Blind Legs Parker]

If we are going to look at the historicals, last year rate is up as same rate that we have now, then after entering the new year thats where it started to go down slowly until it reached January 14 which I guess is the lowest for 2015 at $178

It actually started going down in December 2014 (and even earlier: November 2014 was already starting to get bearish). I won't take a picture of my screen but here you can see it pretty clearly : https://bitcoinwisdom.com/markets/bitfinex/btcusd
It's pretty much the exact opposite of what is happening now, really.

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[uki]

If we are going to look at the historicals, last year rate is up as same rate that we have now, then after entering the new year thats where it started to go down slowly until it reached January 14 which I guess is the lowest for 2015 at $178

It actually started going down in December 2014 (and even earlier: November 2014 was already starting to get bearish). I won't take a picture of my screen but here you can see it pretty clearly : https://bitcoinwisdom.com/markets/bitfinex/btcusd
It's pretty much the exact opposite of what is happening now, really.

Guys, Bitcoin has too little historical data (6 years all together) to talk about seasonals. Not yet. usually seasonal trends require at least 30 years of data, to get something statistically meaningful. Saying that something must fall after New Year because it did so last year, is like looking into a crystal ball to tell the future.

[avw1982]

During a flash crash, the bitcoin price could go below $400 or lower. I think the price will be over $400 from Q2 next year.

Nope dude bitcoin's price will increase from end of this month Due to christmas and new year price  will go higher and higher only i don't think so It will fall very soon If its fall also It will take atleast 6 months.Predictors are expecting price will go not down till june 2016. Will hope see

[LMGTFY]

Guys, Bitcoin has too little historical data (6 years all together) to talk about seasonals. Not yet. usually seasonal trends require at least 30 years of data, to get something statistically meaningful. Saying that something must fall after New Year because it did so last year, is like looking into a crystal ball to tell the future.

Amen to that. It's a persistent and recurring theme, however, albeit one that isn't supported by the limited historical data we have - some years have seen spectacular rises around or shortly after Christmas, more recently we've seen falls. There's no consistency, and no justification for making predictions based on alleged past performance.

[dinda22]

so tell me what's your guess. Will bitcoin continue to hold its price and go pass $500 to hold or should we expect a crash going under $400 before the end of the year?

my prediction bitcoin will continue to increase until it hits $500 may be at Christmas or at the end of this year.

[Junko]

It might and it might not. I don't think anyone would be surprised if it did go below $400 within the next few days or weeks. Probably not a lot of people would be surprised if it went over $500 over that same span of time either. With bitcoin you can expect the unexpected, but as we currently sit, going below $400 wouldn't be that much of a shocker whether or not you're a bear or bull.

[Bitfirm]

It can, after an abrupt dump
buy it then

[crairezx20]

For me im expecting that the price will $500 before christmas then after christmas
the price will fall gradually to 400 below until new year..

[InvoKing]

so tell me what's your guess. Will bitcoin continue to hold its price and go pass $500 to hold or should we expect a crash going under $400 before the end of the year?

Well it is hard to predict since as I notice once the price increases $20, it will crash and lose at least $10 up to $50 or even more.
Being >$450 make things comfortable for the moment and I could say: 3/4 we will stay above $400 during December.

[erikalui]

I just hope it stays above 400 this year and new year brings in a happy news for all bitcoiners. Comparing the price earlier, we are not even half the way and the price is very low. I would take the rate last year as this year had a lot compared to last year including the auction of Silk Road.

[safari88]

it seems highly unlikely bitcoin will be back to $400 in the end of this year, but bitcoin will rise slowly to $500.

[wildan88]

will not go back to $400, now $450 and will going up to $500 probably at the end of the year

[chaser15]

Say goodbye to $400 back dream if the volume will remain the same. But you know even with the price rate today possibility of coming back to $400 is likely to happen because we didnt passed yet the period of events where people will dump their coins. One event is if the price will reached @ 500 it will trigger the panic sell or not.

[richardsNY]

During a flash crash, the bitcoin price could go below $400 or lower. I think the price will be over $400 from Q2 next year.

Flash crashes are very deep. If the price right now falls down to around $200, that can be considered a flash crash. If the current price falls down to $400 or below it, then it's just a dump.

[mexicantarget]

I doubt we'll see $400 for a few months. If you're familiar with technical analysis, it says it's impossible for some reason
Flash crashes aren't impossible, but that's part of the whale game.

[master sato]

but that's part of the whale game.

I guess this is also a part of the whale game and the slow gradual increase without any news or reasons is leading nowhere.
people would be selling coins for the festival and not buying on a daily basis.
it's not a big deal for bitcoin to go down 10% to reach 400$.

[~Bitcoin~]

 It can go but not for sure, because on last recent dump price have about to touch 400 but again it go back to 430 within 2 hour. That is nice buy forces, so it is possible but not likely to happen.

[davinchi]

We may have a crash in short term(1-2 months), but I doubt below $400.

This year I doubt we'll see a crash, maybe some sideways for some days, specially between Christmas and the end of year.

Until next to the halving the tendency is the price goes up, but after the halving, impossible to know.

The current uptrend may be recovery from 2 years of bear dominance, natural growth, manipulation or involuntary manipulation because most people think that the price will rise before the halving

I read that in order for the price to increase after halving, there needs to be a constant demand for bitcoins in the market and I feel it may happen as still e haven't reached aywhere close to the highest price. People have already predicted the price to increase in 2016 and hence I am still holding hopes.

[Kingno.1]

Before halving bitcoin can go down than $400 i think. But after halving, i do not think that it will happen ever.

[KodesCrew]

im waiting to go down $400 for buy opportunity. im guessing it will at least doubled after block halving.