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Question: What do you think Bitcoins highest resistance level will be in 2016?
600-799 - 21 (25%)
800-999 - 8 (9.5%)
1000-1199 - 10 (11.9%)
1200+ - 35 (41.7%)
None of the above - 10 (11.9%)
Total Voters: 84

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Author Topic: Bitcoin Value 2016  (Read 6067 times)
elite_h3x (OP)
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December 22, 2015, 11:42:11 PM
 #41

I've seen many profits in my years. I bought my first bitcoin at $26 USD. That is just my opinion.
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December 22, 2015, 11:43:40 PM
 #42

The halving will cause the prices to skyrocket and fall back down again, so I would say it would be around $900.



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BitHodler
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December 23, 2015, 02:32:52 AM
 #43

I think a maximum of $1000 will be the peak of 2016. After that we will see the price come down to settle at $800.

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December 23, 2015, 02:34:48 AM
 #44

DEFINITION of 'Resistance (Resistance Level)' A chart point or range that caps an increase in the level of a stock, index or commodity  over a period of time.

The numbers on the poll are in comparison to 1 BTC to USD.

Lets see what the polls give us BTC



1200+.

The trend has been strong throughout 2015 and I hope and believe that BTC will break its previous high of $1000+.

I'm hoping China can do something to help that too Wink

Altcoinmoney
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December 23, 2015, 12:42:22 PM
 #45

I think that bitcoin value will be around the 1000 dollars. The thing is I am not sure if it will be stable around it.
I am just happy if and the end of 2016 bitcoin will just be stable around 800 dollars.
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December 23, 2015, 10:22:34 PM
 #46

I think that bitcoin value will be around the 1000 dollars. The thing is I am not sure if it will be stable around it.
I am just happy if and the end of 2016 bitcoin will just be stable around 800 dollars.

In 2016 we will see some very interesting price movements. This offcourse trigged by the upcoming halving.
My guess 1k is a figure we will see before the halving

Maybe even in may.
Pollak
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December 23, 2015, 10:24:10 PM
 #47

I think that bitcoin value will be around the 1000 dollars. The thing is I am not sure if it will be stable around it.
I am just happy if and the end of 2016 bitcoin will just be stable around 800 dollars.

In 2016 we will see some very interesting price movements. This offcourse trigged by the upcoming halving.
My guess 1k is a figure we will see before the halving

Maybe even in may.

That's way too optimistic mate.
Sure the price will be over 500 USD, but getting to 1k in may?
Did you drink alcohol, that you are so optimistic?

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December 23, 2015, 10:27:44 PM
 #48

I think that bitcoin value will be around the 1000 dollars. The thing is I am not sure if it will be stable around it.
I am just happy if and the end of 2016 bitcoin will just be stable around 800 dollars.

In 2016 we will see some very interesting price movements. This offcourse trigged by the upcoming halving.
My guess 1k is a figure we will see before the halving

Maybe even in may.

That's way too optimistic mate.
Sure the price will be over 500 USD, but getting to 1k in may?
Did you drink alcohol, that you are so optimistic?

Lol, no but i am an optimistic boy.

If you look at the past trends you will see differences but also things that are alike previous price increased.
Taking that in hand a 1k price is possible.
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December 23, 2015, 10:42:06 PM
 #49

3200 USD.

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December 23, 2015, 10:43:40 PM
 #50

I think bitcoin has the potential to reach above $1000 and achieve a new ATH. I also think that after bitcoin has reached this bitcoin will start to drop again and the new resistance will be dropped down to $600 - $799 at least.

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davinchi
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December 24, 2015, 06:42:46 AM
 #51

I think bitcoin has the potential to reach above $1000 and achieve a new ATH. I also think that after bitcoin has reached this bitcoin will start to drop again and the new resistance will be dropped down to $600 - $799 at least.

Most probably you are right with your predictions.
The upcoming halving will trigger the price rise at any time towards previous high levels. But many people are planning to sell in those previous high price levels. So, as you have predicted prices may drop once testing the $1000 or $1200 price levels.
Kevin77
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December 24, 2015, 06:44:46 AM
 #52

I think bitcoin has the potential to reach above $1000 and achieve a new ATH. I also think that after bitcoin has reached this bitcoin will start to drop again and the new resistance will be dropped down to $600 - $799 at least.

Most probably you are right with your predictions.
The upcoming halving will trigger the price rise at any time towards previous high levels. But many people are planning to sell in those previous high price levels. So, as you have predicted prices may drop once testing the $1000 or $1200 price levels.

I do not think price will drop from hitting previous high price levels. Because once price hitting previous high price, there are many new investors will come to bitcoin ecosystem to invest more. This will make bitcoin to test new high price levels like $2000 or $2500. So there are less possibilities for downfall from $1200 levels.
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December 24, 2015, 06:56:08 AM
 #53

I think bitcoin has the potential to reach above $1000 and achieve a new ATH. I also think that after bitcoin has reached this bitcoin will start to drop again and the new resistance will be dropped down to $600 - $799 at least.

Most probably you are right with your predictions.
The upcoming halving will trigger the price rise at any time towards previous high levels. But many people are planning to sell in those previous high price levels. So, as you have predicted prices may drop once testing the $1000 or $1200 price levels.

I do not think price will drop from hitting previous high price levels. Because once price hitting previous high price, there are many new investors will come to bitcoin ecosystem to invest more. This will make bitcoin to test new high price levels like $2000 or $2500. So there are less possibilities for downfall from $1200 levels.
Yeah, I agree. Add in some FOMO and the climate for will be a lot more favorable in 2016 when price goes 1200+.
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December 24, 2015, 07:13:34 AM
 #54

BTC is trading in a tight range (425-465) relative to historical volatility.

A break to the upside is likely, based on recent trading.  Each pullback is met with strong buying, and this is bullish.
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December 24, 2015, 07:27:58 AM
 #55

Almost 50% wait for +1200 this new year! What an optimistic outlook. I also would like to watch such a great raise, although I can observe a more consistent and stable increase in the price of btc. At this pace, I will be satisfied with a resistance level about $1000.
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December 24, 2015, 10:46:33 AM
 #56

I think by the end of 2016, the price of bitcoin will be over $1000. It is increasing already now, and halving will also help the price rise.
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December 24, 2015, 10:37:19 PM
 #57

The bitcoin price will reach all time high in 2016. More people are aware of bitcoin and that will increase adoption.
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December 24, 2015, 10:47:30 PM
 #58

The bitcoin price will reach all time high in 2016. More people are aware of bitcoin and that will increase adoption.

I like to believe, simply because it want it.
But when it comes to money some arguments and facts should be considered.

Because business and emotion don't go along.
elite_h3x (OP)
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December 28, 2015, 09:27:54 PM
 #59

It has been really strong these few years and now especially there getting more focused on realizing that this is becoming a real commodity.
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December 29, 2015, 09:21:05 AM
 #60

I think by the end of 2016, the price of bitcoin will be over $1000. It is increasing already now, and halving will also help the price rise.

A $1k floor isn't really impossible. That price has been reached a couple of years ago in the first halving so why not again?

Still though, a lot of factors are at play nowadays, so maybe expect a little less than $1k.

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