price going back up?

[banker11]

Price dropped about 13% over two days and now is back to increasing or at least stabilizing around 380
 is this the new trend

[Amph]

it was expected , the 350 mark was rock solid, since the climb was very slow, up to 400

who was believing about sub 300 or even lower, was fooling himself, also there is the halving coming, no way that the price will fall so low anymore

[Wei H]

It would be 400 soon, probably.

[SmartIphone]

Price dropped about 13% over two days and now is back to increasing or at least stabilizing around 380
 is this the new trend

From the last drop the price was increased for 8% but today it went down a little bit as ~1%

[Bobsurplus]

it was expected , the 350 mark was rock solid, since the climb was very slow, up to 400

who was believing about sub 300 or even lower, was fooling himself, also there is the halving coming, no way that the price will fall so low anymore

Dont speak to early. Plenty of room to drop to $300 or below.

There is really only about 7 daily candles that show some support at the $350 range.
Real support is back at the $250 range and the amount of volume thats brought the price back up is minimal.

[Amph]

it was expected , the 350 mark was rock solid, since the climb was very slow, up to 400

who was believing about sub 300 or even lower, was fooling himself, also there is the halving coming, no way that the price will fall so low anymore

Dont speak to early. Plenty of room to drop to $300 or below.

There is really only about 7 daily candles that show some support at the $350 range.
Real support is back at the $250 range and the amount of volume thats brought the price back up is minimal.

that is probably fake support, some of those walls appear and disappear at will, to manipualte the market

if those that control there the walls, see a dump incoming, they just remove them easily

[Bobsurplus]

it was expected , the 350 mark was rock solid, since the climb was very slow, up to 400

who was believing about sub 300 or even lower, was fooling himself, also there is the halving coming, no way that the price will fall so low anymore

Dont speak to early. Plenty of room to drop to $300 or below.

There is really only about 7 daily candles that show some support at the $350 range.
Real support is back at the $250 range and the amount of volume thats brought the price back up is minimal.

that is probably fake support, some of those walls appear and disappear at will, to manipualte the market

if those that control there the walls, see a dump incoming, they just remove them easily

Im not talking about buy walls. Im talking about historical price action support. Take a look on wisdom on bitstamp on the 1W time frame and you'll see what I mean.

[BellaBitBit]

This latest drop was only a bump in the road.  These are growing pains, nothing else.  Yes the price is going back up and is healthy where it is at.  To put it into perspective google the price back in July and August and we are way up from that.

[Nahl]

Price dropped about 13% over two days and now is back to increasing or at least stabilizing around 380
 is this the new trend

could be yes or not but i expect bitcoin price will back to $400 above soon and stable in that price until next few months

[banker11]

Okay, now I know that this past week the volatility has been wild due to fanny pants crying and bailing on bitcoin, how long will those politics make impact on the market? Or am I thinking to general, as I saw that hearns exit seemed to start this month's frenzy

[richardsNY]

Let's see how long it takes to get back to our loved $450. The prices isn't going down anymore as it seems. I just hope there won't be another round of panic dumps that will push the price down again. We were sitting in a good flow and great sentiment, and 1 announcement from Mike Hearn is enough to lose precious ground that took us a good while to build up.

[Bitcoinbro]

Don't worry. In a week or so the price will be the same as it was before.
Just too many people panic sold their coins. Which gave some of us some profit.
When there is blood in the streets, buy buy by!

[xboxmanners]

Okay, now I know that this past week the volatility has been wild due to fanny pants crying and bailing on bitcoin, how long will those politics make impact on the market? Or am I thinking to general, as I saw that hearns exit seemed to start this month's frenzy

I read up a little bit on why that guy bailed out, but I still don't understand why increasing the block size to allow for more transactions is such an issue? Sure it'll use more data but what other disadvantages would there even be?

[Gloober]

I'm sure the price will go up again, it's just waiting for now. It's good for bitcoin to have come down after so long at around $400.
I think the price will go up again after a couple of weeks.

[The Sceptical Chymist]

Ahem.  I recall that we were stuck at around $225 for what seemed like months not too long ago, so where we're at right now isn't so bad and I think the price will likely go higher.  The recent drop seems to be because of Mike Hearn's comments, but who really knows?

[Yakamoto]

Looking at the market it looks like it is going to break $390 again, after pretty well rising during the entire day. So it looks like the price is recovering, but it will be a slow rise for now. Nothing major, no big jumps (or dumps) unless some popular service collapses or if there's a bunch of bad-mouthing Bitcoin.

Investor confidence seems to have been recovered, but we'll still have to see over the next week.

[btckold24]

I honestly wouldnt mind seeing 300-350 again giving more of a chance to get more
before it rises before the halving.

[smho_16]

I think will back to USD 400 soon, maybe within this week?

[BlockEye]

Price will start to pick up again in the next couple of days. We may reach $400 by mid of this week or sooner. Just hold on to your coins but if you don't have enough patience then sell it.

[ThisIsMeLOL]

Price will start to pick up again in the next couple of days. We may reach $400 by mid of this week or sooner. Just hold on to your coins but if you don't have enough patience then sell it.

maybe next week