Christmas Call: $700

[ultimatesky]

No, Christmas is a week or so from today. That means that if this were to happen it would have to grow in value for about $250.
I don't think this is going to happen seeing as how slow bitcoin is progressing at the moment.

[agustina2]

I don't think we'll see a higher price then $500 by the end of the year. $700 is a too big of a reach for now.
I can see bitcoin reaching this price somewhere around 2016.

Nope. $700 or even higher than that are possible this month. It's just that today's volume showing us that this won't be happen. Let's see in the upcoming days. There is so called a sudden pump.

There are millions of coins in storage of wealthy people we can't control, they will probably buy more rather than panic sell anytime soon because they likely don't need the money.... But it would be relatively easy for the price to double in a flash or vice versa

The issue is, if it doubles when you have already dumped, you can't buy back in, so trade carefully

This is a marathon, don't sprint

Manipulators move huh.

Volumes are sleeping today for more than 4 hours now. No tree shaking are happening. It stopped and calm. Look like something will happen. Let's see.

[everaja]

700 is quite expensive for Santa this year but we can see 500 by Xmas.
Let's hope for a Xmas surprise.

[agustina2]

700 is quite expensive for Santa this year but we can see 500 by Xmas.
Let's hope for a Xmas surprise.

Just hope no panic sell will happen during Christmas so that we can break this $400-$499 barrier and welcome 2016 at our new floor in $500.

[Altynbekova]

700 is quite expensive for Santa this year but we can see 500 by Xmas.
Let's hope for a Xmas surprise.

Just hope no panic sell will happen during Christmas so that we can break this $400-$499 barrier and welcome 2016 at our new floor in $500.

I think  this december will just go to 500 dollar and will go back to 450 dollars when it is january I think it will break 500 dollars and it will just stay that way. I hope that it will go more than 500 dollars before the halvings happens.

[agustina2]

700 is quite expensive for Santa this year but we can see 500 by Xmas.
Let's hope for a Xmas surprise.

Just hope no panic sell will happen during Christmas so that we can break this $400-$499 barrier and welcome 2016 at our new floor in $500.

I think  this december will just go to 500 dollar and will go back to 450 dollars when it is january I think it will break 500 dollars and it will just stay that way. I hope that it will go more than 500 dollars before the halvings happens.

If that will happen, resistance fully maintained at around $450. And if that's so say goodbye now for $300 range. Many will buy once the price will dip around $450 because many thinks that the price will increase next year so much better to get coins now than wait for next year.

[hasiramasenju]

i'm not sure it will be happen because christmas less than 1 week remaining but if it will be i think this is The best Christmas gift ever

[Amph]

No, Christmas is a week or so from today. That means that if this were to happen it would have to grow in value for about $250.
I don't think this is going to happen seeing as how slow bitcoin is progressing at the moment.

in the past bitcoin has grown, by x10 in 3 weeks how is 1 week not enough for reaching 700, it is possible by a lot, the problem is that it will not happen for simple reason

it is not sustainable in the long term to increase so fast, because then you can be sure that a big dump to 500 will happen

[lixer]

No, Christmas is a week or so from today. That means that if this were to happen it would have to grow in value for about $250.
I don't think this is going to happen seeing as how slow bitcoin is progressing at the moment.

in the past bitcoin has grown, by x10 in 3 weeks how is 1 week not enough for reaching 700, it is possible by a lot, the problem is that it will not happen for simple reason

it is not sustainable in the long term to increase so fast, because then you can be sure that a big dump to 500 will happen

As you are stating, $700 is highly possible within Christmas but we need some more solid reasons like any business giants accepting bitcoin or Greece like economic collapse.
But sustaining price climbing are more stable and rapidly increasing prices.

[darkangel11]

Sounds great but my guess is we'll stay at $400 for a couple months. $700 still seems distant. Maybe when we come closer to the halving...

[mexicantarget]

That's some hardcore speculation if you ask me. I'm more likely confident in my TA, which is around $600 ($580 to be exact).

What's up with all those new threads popping up? Are the bulls unleashed? lol

[agustina2]

No, Christmas is a week or so from today. That means that if this were to happen it would have to grow in value for about $250.
I don't think this is going to happen seeing as how slow bitcoin is progressing at the moment.

in the past bitcoin has grown, by x10 in 3 weeks how is 1 week not enough for reaching 700, it is possible by a lot, the problem is that it will not happen for simple reason

it is not sustainable in the long term to increase so fast, because then you can be sure that a big dump to 500 will happen

As you are stating, $700 is highly possible within Christmas but we need some more solid reasons like any business giants accepting bitcoin or Greece like economic collapse.
But sustaining price climbing are more stable and rapidly increasing prices.

LOL. In LITERAL yes even $1000 are possible within Christmas. You don't know what will happen. Like I said there is a sudden pump. There is also a sudden dump.

If we will based on the current market moves , $700 is not possible but overall it is possible if we will remove those today's analyzation.

[Loimu]

Yeah I don't believe in $700 this year. I love bitcoin and want nothing more than it's adaption (and price raise along) but $700 will not happen before Christmas, pretty sure about it. Next year then, next year...

[Junko]

$700 for Xmas? Hmm... I don't know about that.

But then again, we've all been good bitcoiners this year so maybe Santa will hook us up.

[BitMaxz]

I think $700 will not gonna happen. Look at the price fluctuate the price is still playing in $440-$470.
I will only believe that the price will reach $500 in this christmas than believing that the price will rise in $700 or above..
Give some reason why the price will rise into $700 if you give a solid reason i will believe you and my bitcoins will stay in my wallet
Until $700 reach..

[Bitcoinbro]

250 dollar increase in 1 week? Hmm, that will not happen. I was hoping for 500 (can still happen) but i learned to be happy with the current price. It's enough to give myself and my family a nice christmas bonus party.
If the bitcoin gods can do this again next year, it would be a blast.

[ThunderThomas]

You do realize that Christmas is next week right? Which means in order to get to $700 bitcoin would have to shoot up to the moon. Which I doubt will happen looking at how much bitcoin has progressed this week. It's going up in value way too slow to reach $700 by next week.

If it went up to $700 by Christmas that wold be over 50% up in price. It would be an unsustainable increase, and drop back down as quickly as it went up like after the pump to $500. If it goes to $700 by Christmas it will go back down to $450 by New Year.

I don't see this happening though. There has to be something else happening besides Christmas for bitcoin to shoot up like that.
We'll have to wait and see if this will happen.

[Timeline]

I'm thinking 700 is possible but not probable so fast. I'm guessing Bitcoin will be 400$ on christmas day.

[Amph]

250 dollar increase in 1 week? Hmm, that will not happen. I was hoping for 500 (can still happen) but i learned to be happy with the current price. It's enough to give myself and my family a nice christmas bonus party.
If the bitcoin gods can do this again next year, it would be a blast.

well we went from 230 to 500 the first time, which is more than 250 increase, and this in a very short time frame, so why you think it's not possible again?

[LFC_Bitcoin]

Seems that we will break $475 today or tomorrow
Next resistance is at $700
This will take some time to break
We can reach new ATH in February/March
Than we will see the start of the next bubble ...

Calm down cowboy!

Let's see if we can break 500 & stay there first. 700 is a big jump, I'd rather have slow, sustainable growth than ridiculous pump & dumps.