The second wave of consolidation is here.

[spazzdla]

Curious to opinions.

[1714592910]

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[talks_cheep]

Opinions are like buttholes, everyone has one.

We are going down to 150.

[MissionPhailed]

Mostly between $400 and $450 up untill february, slowly going upwards later in 2016. January 2016 might be a boring month for short- to midterm traders. Bears and bulls staring at each other but are hesitant to make the first move for the time being ... !

[richardsNY]

I think the real floor is $400. If it will hold for at least a week, then we will know it for sure. I think in January the price will slowly go up, with from time to time a panic dump. These dumps allow people to buy back at lower levels.

[Angryest.Samoan]

Curious to opinions.

"Consolidation" = Price plummets & momentarily plateaus before the next round of losses, or?

[ssmc2]

Hey look, the trolls have flocked here 

voted 400-450 for the record

[Amph]

for me this is a strong reminiscence of the same play that happened in the 3xx-400 range

"they" are playing the same pattern which is very clear for me

[defaultking]

I still think it will drop below 400 again before it raises back up for the halving. I think the halving or some other big game changing news of the sort is needed to keep it above four hundred for good.

[NorrisK]

I still think it will drop below 400 again before it raises back up for the halving. I think the halving or some other big game changing news of the sort is needed to keep it above four hundred for good.

Good news for you then, the halving is going to happen!

Joking aside, I also voted for 400-450. It seems to be a good plateau to stay on for a while. The timing of the drop is also convenient with pay day for a lot of people, so we all get a chance to buy some cheaper coins now.

[Denker]

I still think it will drop below 400 again before it raises back up for the halving. I think the halving or some other big game changing news of the sort is needed to keep it above four hundred for good.

And I say the 400 will mostly hold.Maybe a short drop below that barrier, but then quickly moving above that.
Why? Because I think so.Period!
Next year mayn things will happen.There was thread around here somewhere with a list of things to come.This plus the halving should hopefully give us a nice boost.

[mtnsaa]

I have a feeling that we'll see a spike this week and we'll be close or reach $500. People sold in the last days but many will take the chance to get it low now therefore provoking the rise in value. It will come down of course after that and be around $450.

[Harmonica]

300-350 range is incoming

[hexitor]

450-500 for me. It's coming in a few days/weeks.

[Chef Ramsay]

I know the OP is thinking in the near term but didn't state it but I'd say that the 3 month or slightly more platform is gonna knock your socks off. And then the honey badger will take over and freak you out. Game, set, match.

[crazyivan]

Just another usual correction where noobs and inexperienced traders ll be caught in the bear trap. Pro guys ll perform profit taking and we ll be back on the growth path.

[Supercrypt]

I still think it will drop below 400 again before it raises back up for the halving. I think the halving or some other big game changing news of the sort is needed to keep it above four hundred for good.

Good news for you then, the halving is going to happen!

Joking aside, I also voted for 400-450. It seems to be a good plateau to stay on for a while. The timing of the drop is also convenient with pay day for a lot of people, so we all get a chance to buy some cheaper coins now.

Do you know the exact date of halving? I am guessing the price to be above $500 and hence I did not vote as of now. Don't know why OP dint choose to include higher prices as the price should most probably increase as experts too have predicted the same. No wonder so many people are buying coins today when the price is $417-$420.

[gkv9]

Do you know the exact date of halving? I am guessing the price to be above $500 and hence I did not vote as of now. Don't know why OP dint choose to include higher prices as the price should most probably increase as experts too have predicted the same. No wonder so many people are buying coins today when the price is $417-$420.

None does, as halving is "expected" to happen in July and not sure...
Predictions are second thing, what is important is that, how people react when halving happens, when big dogs begin to dump their coins to make the markets shiver, people should not panic and should not sell their coins even more cheaper, else only that will occur what we fear...

[mtnsaa]

Something drastic has to happen for the price to go well below $300-400 right now.

If someone is trying to get in Bitcoin, unless the project fails completely in the upcoming years we can say it's absolutely to get in now since we'll see finding good support $500 eventually in the next months or at the very least at the middle of next year.