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Author Topic: $400 will not survive the weekend  (Read 10202 times)
afbitcoins
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December 31, 2015, 10:38:04 AM
 #21

The price is barely floating above $400. But for how long? The latest analysis suggests the breakdown to be happening soon.

Why is your username ING Bank?
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December 31, 2015, 10:40:53 AM
 #22

I think BTC goes ut this weekend too!

It hold 400$ for all this week, and it could be a really bullish signal.

Today is the last day for this year and the price is expected to be at least above $400
Not as we expected to happpen at least $500, OP it should survive $400 this weekend.
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December 31, 2015, 10:44:25 AM
 #23

I think BTC goes ut this weekend too!

It hold 400$ for all this week, and it could be a really bullish signal.

Today is the last day for this year and the price is expected to be at least above $400
Not as we expected to happpen at least $500, OP it should survive $400 this weekend.

Even if the price is lower than $400 later today, it does not matter. I believe the price will be over $600 later next year.
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December 31, 2015, 10:59:38 AM
 #24

I think BTC goes ut this weekend too!

It hold 400$ for all this week, and it could be a really bullish signal.

Today is the last day for this year and the price is expected to be at least above $400
Not as we expected to happpen at least $500, OP it should survive $400 this weekend.


Little transaction could move the price today? You think so?
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December 31, 2015, 11:08:40 AM
 #25

i think we can hold above $400 , Imo its been holding its ground pretty well the last few weeks, Yes weve been struggling to reach $500 but even the value we are at right now is a good number.

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December 31, 2015, 11:42:23 AM
 #26

i think we can hold above $400 , Imo its been holding its ground pretty well the last few weeks, Yes weve been struggling to reach $500 but even the value we are at right now is a good number.

500$ seems to be a resistance really hard to break! Angry
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December 31, 2015, 12:00:29 PM
 #27

I think BTC goes ut this weekend too!

It hold 400$ for all this week, and it could be a really bullish signal.

Today is the last day for this year and the price is expected to be at least above $400
Not as we expected to happpen at least $500, OP it should survive $400 this weekend.

Even if the price is lower than $400 later today, it does not matter. I believe the price will be over $600 later next year.
Little transaction could move the price today? You think so?

Every transaction can affect a little bit the price but today i doubt.
Most of people are preparing for the New Year Eve and maybe don't have much time to trade.
greBit
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December 31, 2015, 01:13:52 PM
 #28

I think BTC goes ut this weekend too!

It hold 400$ for all this week, and it could be a really bullish signal.

Today is the last day for this year and the price is expected to be at least above $400
Not as we expected to happpen at least $500, OP it should survive $400 this weekend.

Even if the price is lower than $400 later today, it does not matter. I believe the price will be over $600 later next year.
Little transaction could move the price today? You think so?

Every transaction can affect a little bit the price but today i doubt.
Most of people are preparing for the New Year Eve and maybe don't have much time to trade.

Yes today it might go down as people will not get enough time for trading of Bitcoin because everyone is in merry mood to celebrate new year
magicmexican
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December 31, 2015, 01:33:30 PM
 #29

I am fairly sure that the price WILL stay above $400 this weekend. Is there a particular reason why it shouldn't? I can't see any. You are just hoping that the price will go down so you can buy yourself a few cheap coins before the price really start to rocket up. If you are dreaming about sub $300 prices, then good luck. Cheesy

I wouldnt be so sure, i can see it going to like 380$ pretty damn easy in a day or so. Sub 300? Probably not, but 350~ or so - decent chance.

Or it just could go full retard and blast to 480$ without any reason instead.
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December 31, 2015, 01:43:54 PM
 #30

I am fairly sure that the price WILL stay above $400 this weekend. Is there a particular reason why it shouldn't? I can't see any. You are just hoping that the price will go down so you can buy yourself a few cheap coins before the price really start to rocket up. If you are dreaming about sub $300 prices, then good luck. Cheesy

I wouldnt be so sure, i can see it going to like 380$ pretty damn easy in a day or so. Sub 300? Probably not, but 350~ or so - decent chance.

Or it just could go full retard and blast to 480$ without any reason instead.

Whatever the general consensus is within the forums the result will be the complete opposite, So maybe we should all predict sub 400, that way we have a good chance of it breaking $500 Wink

Denker
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December 31, 2015, 01:57:31 PM
 #31

The price is barely floating above $400. But for how long? The latest analysis suggests the breakdown to be happening soon.

Really?Looks pretty solid around $420.Bla bla analysis.What is this? Some wanna be TA predictions?
Stop that nonsense. Bitcoin is a beast and no one knows how it will react.Furthermore it is way too easy to manipulate this market.
We also could go up the next moment when some fiat whale decides to dump his fiat millions into Bitcoin.
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December 31, 2015, 02:13:10 PM
 #32

it will not go under 400 dollars as there is a big wall as far as i know and the price doesnt seem to fluctuate enough to drop that much , though if it will drop i guess it would be a great chance for me to buy some bitcoins for my money that i have left over
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December 31, 2015, 02:14:19 PM
 #33

The price is barely floating above $400. But for how long? The latest analysis suggests the breakdown to be happening soon.

the Australian dollar price of 650 suggests this is at a fundamental support level and going

higher, major indicators like bank investments etc also give heavy wieght behind this

id say 2016 1qrt is going to be massive,


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afbitcoins
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December 31, 2015, 06:43:04 PM
 #34

The price is barely floating above $400. But for how long? The latest analysis suggests the breakdown to be happening soon.

Why is your username ING Bank?

Bump I am actually interested in the choice of username. Are you claiming to represent a bank?
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December 31, 2015, 06:47:03 PM
 #35

it will not go under 400 dollars as there is a big wall as far as i know and the price doesnt seem to fluctuate enough to drop that much , though if it will drop i guess it would be a great chance for me to buy some bitcoins for my money that i have left over

Actually who cares if it goes sub-$400. We all know it's gonna bounce right after, we have the halving underway, a lot of money is pouring into Blockchain tech, and it's 2016 - a year of renewed trust to digital currencies.

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davinchi
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December 31, 2015, 07:10:33 PM
 #36

it will not go under 400 dollars as there is a big wall as far as i know and the price doesnt seem to fluctuate enough to drop that much , though if it will drop i guess it would be a great chance for me to buy some bitcoins for my money that i have left over

Actually who cares if it goes sub-$400. We all know it's gonna bounce right after, we have the halving underway, a lot of money is pouring into Blockchain tech, and it's 2016 - a year of renewed trust to digital currencies.


Well said. A bounce back is inevitable for bitcoin prices always. The most support things for bounce back must be the new investments coming into bitcoin ecosystem and halving. But all the above, i do not think price will go below $400 levels ever again.
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December 31, 2015, 10:20:05 PM
 #37

it will not go under 400 dollars as there is a big wall as far as i know and the price doesnt seem to fluctuate enough to drop that much , though if it will drop i guess it would be a great chance for me to buy some bitcoins for my money that i have left over

walls say nothing since the traders behind them can pull them instantly, and then the order book will look completely different.
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January 01, 2016, 10:13:59 AM
 #38

I don't think price will drop under 400 $ mark.If we look at the performance and price for few weeks back price didn't touch 400 $ and remained over this line.It is hard to say anything but to me seems that 400 $ is bottom now for the price of Bitcoin.
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January 01, 2016, 10:19:21 AM
 #39

Although can not say whether it is still bullish or started bearish but price will not only survive but also will remain stable in my opinion.There is nothing to be worried about.

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January 01, 2016, 10:57:46 AM
 #40

Although can not say whether it is still bullish or started bearish but price will not only survive but also will remain stable in my opinion.There is nothing to be worried about.

Seeing the price go up from below $250 to right now $430 is not exactly what I consider to be bearish. At this point the price advance has slowed down, but it will start to pick up again, perhaps within this month. I have my price target for this month on $500-$525.
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