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Author Topic: $350 will be the bottom  (Read 13093 times)
ricardobs
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April 22, 2016, 09:08:05 PM
 #221

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
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April 22, 2016, 10:28:59 PM
 #222

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

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Erzatium
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April 22, 2016, 11:01:28 PM
 #223

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid.
If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year.
n0ne
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April 23, 2016, 05:25:16 PM
 #224

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid.
If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year.

$350 is the bottom. Soon the price won't go down, the situation might change only when large accumulation takes place due to few users who hold large volumes.

uki
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April 23, 2016, 11:20:26 PM
 #225

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid.
If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year.

$350 is the bottom. Soon the price won't go down, the situation might change only when large accumulation takes place due to few users who hold large volumes.
$350 is a mid-term bottom and only that. It means that $350 level can be broken and that wouldn't be that unlikely, e.g., when the biggest miners (and holders) would like to hedge after halving during the time when the difficulty is not yet adjusted. 

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avw1982
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April 24, 2016, 07:17:03 AM
 #226

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid.
If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year.

$350 is the bottom. Soon the price won't go down, the situation might change only when large accumulation takes place due to few users who hold large volumes.

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
BitHodler
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April 24, 2016, 07:22:36 AM
 #227

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid.
If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year.

$350 is the bottom. Soon the price won't go down, the situation might change only when large accumulation takes place due to few users who hold large volumes.

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
Maybe that when the price is going to test $400 it will turn out to be the bottom but I think the real bottom is slightly below $400 if you look closely at the charts and the order books.

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April 24, 2016, 03:21:35 PM
 #228

Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value.
Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500.
Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it.

350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid.
If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year.

$350 is the bottom. Soon the price won't go down, the situation might change only when large accumulation takes place due to few users who hold large volumes.

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
Don't get worried, price keeps on increasing and if it drops it will be $400, it won't go down as bitcoin users are holding good amount of coins for halving, you can trust and invest in bitcoin, you can gain more.

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uki
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April 25, 2016, 07:22:30 PM
 #229

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
Fear not. But being aware of the huge volatility (not like last two months) is absolutely necessary. That is the risk not everybody is prepared to bear.

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April 27, 2016, 12:06:53 PM
 #230

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
Fear not. But being aware of the huge volatility (not like last two months) is absolutely necessary. That is the risk not everybody is prepared to bear.

The volatility of bitcoin is large compared to other major currencies. But the volatility has dropped recently.
LMGTFY
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April 27, 2016, 12:22:00 PM
 #231

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
Fear not. But being aware of the huge volatility (not like last two months) is absolutely necessary. That is the risk not everybody is prepared to bear.

The volatility of bitcoin is large compared to other major currencies. But the volatility has dropped recently.

Really? What's the volatility of BTC/USD? What's the volatility of USD/JPY? What's the volatility of USD/EUR?

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LarryHocks
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April 27, 2016, 02:37:06 PM
 #232

Nope bro, Bottom value at present moment is 400$ So you invest also in bitcoin without any fear. Better if you any financial issues think and invest on exact one which you know...
Fear not. But being aware of the huge volatility (not like last two months) is absolutely necessary. That is the risk not everybody is prepared to bear.

The volatility of bitcoin is large compared to other major currencies. But the volatility has dropped recently.

The volatility i larger but it has not dropped. Maybe you was sleeping the last months but the pattern has re-emerged and bitcoin's volatiliy is back. Although the EURO had a very rough period too.
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April 27, 2016, 02:47:34 PM
 #233


The volatility of bitcoin is large compared to other major currencies. But the volatility has dropped recently.

The volatility i larger but it has not dropped. Maybe you was sleeping the last months but the pattern has re-emerged and bitcoin's volatiliy is back. Although the EURO had a very rough period too.

BTC/USD volatility reached record lows in the past few weeks. It's started climbing, but it's still very low compared to historic values. It's easily comparable to other major currency pairs, and it's better than Gold (XAU/USD). This site doesn't show many of the major pairs, but given the closeness between the ones it does show, and the gap between, say, USD/EUR and GBP/AUD - I'd assume BTC/USD was way currently less volatile than GBP/AUD.

I was awake for the past few months, and it's only in the past week that BTC has broken out of the decreasing range it was in.

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BitsandBites
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April 27, 2016, 03:47:14 PM
 #234

350 will be to hard to maintain for a safe zone. I expect it to be somewhere between 300 dollar. Which is still 100 dollar more then the last low (200 dollar) which we achieved last year. So overall it is a good and positive thing.
sishendaoye
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April 27, 2016, 04:26:10 PM
 #235

350 will be to hard to maintain for a safe zone. I expect it to be somewhere between 300 dollar. Which is still 100 dollar more then the last low (200 dollar) which we achieved last year. So overall it is a good and positive thing.

Nah 300 is way to low for the new bitcoin low. I guess the low is somewhere around 330 dollar. The lowest price we saw after the halving was around this area
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April 27, 2016, 04:35:28 PM
 #236

350 will be to hard to maintain for a safe zone. I expect it to be somewhere between 300 dollar. Which is still 100 dollar more then the last low (200 dollar) which we achieved last year. So overall it is a good and positive thing.

Nah 300 is way to low for the new bitcoin low. I guess the low is somewhere around 330 dollar. The lowest price we saw after the halving was around this area

We were stable at $385 for a long time and started to rise from that value. So I think $385 might be the low bottom of bitcoin.

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April 27, 2016, 04:39:09 PM
 #237

I don't think we will ever see $300's again to be honest, the buying pressure is way too big and the people that isn't invested in Bitcoin already is looking to increasingly look more and more of an idiot as time goes on. Fear of missing out will kick in anytime soon, probably after this small correction a lot of people will jump in to take positions.
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April 29, 2016, 06:54:29 PM
 #238

For the last months also, $430 is the bottom. The $435 was tested yesterday when the price crashed.

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April 30, 2016, 06:52:36 AM
 #239

350 will be to hard to maintain for a safe zone. I expect it to be somewhere between 300 dollar. Which is still 100 dollar more then the last low (200 dollar) which we achieved last year. So overall it is a good and positive thing.

Nah 300 is way to low for the new bitcoin low. I guess the low is somewhere around 330 dollar. The lowest price we saw after the halving was around this area

We were stable at $385 for a long time and started to rise from that value. So I think $385 might be the low bottom of bitcoin.
It would be nice if that can be the bottom because as you can see now the most people are also hoping that the value will be more worth and that would be nice.
But you only never know what is going to happen with Bitcoin and that is the problem.
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May 05, 2016, 06:31:34 AM
 #240

The price will be above the $400 for the next few weeks. If so, the next bottom will be around $450 level.
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