Bitcoin price going to sub-400 again?

[reputedchain]

i was expecting the $415 price level to hold strong, but now i woke up i see that the price even touched $409. i think we will see the price come very close to $400 these days. i certainly hope we will not go below $400 as it would be sad to see.

Yeah it would be very sad and very disappointing to see if the price falls below $400 as we are expecting that it should reach $500 in next couple of months.

[BitTyro]

I don't have much confidence that we're going to hold over 400 at the moment.  The flashcrash wasn't the end of our downtrend as we've tested below 410 today, so the only thing left is the resistance down at 400.  I've got a short in @419 and pretty confident that I'm going to be making a good bit off it, things just don't look too good for the price at the moment.

Now that you've said it, I'm slowly lossing confidence for the price to hold over 400. Like what @randy8777 said, it's sad to see the price at sub-400.
I can only hope that it wont go down further and for the mean time, I will try to take profit from small advances.

[btcxyzzz]

Most probably... And what's worse it seems that Ethereum is really overtaking. With Bitcoin down say 2x, Ethereum's just have to rise 5x to become number 1, and that's nothing for Ethereum. Thank you Blockstream!

But I guess, in the end... Ethereum really does seem like more mature project, better one wins.

[Rotator]

Most probably... And what's worse it seems that Ethereum is really overtaking. With Bitcoin down say 2x, Ethereum's just have to rise 5x to become number 1, and that's nothing for Ethereum. Thank you Blockstream!

But I guess, in the end... Ethereum really does seem like more mature project, better one wins.

I don't know why we are talking here about Ethereum? I mean there is about 20 maybe more topics in altcoin section.. This is Bitcoin speculation. Leave us and take your M(agic)-ETH with you

[UnDerDoG81]

It´s doing the same shit for a long time now. So, yes, it will go back sub 400 again I guess. I sold 10% of my BTC yesterday (unfortunately @415 instead of 440) only because this cycle repeated itself for too long now. I am no daytrader and had my coins on a paper wallet for almost 2 years but now it was time to take some risk. So, cmon BTC go to 380.

EDIT: But there is also another cycle that repeats itself every time. And that is, always when I take a risk, it goes badly wrong. So chances are, we will never see sub 400 BTC ever again  

Told ya  
Shorting after 2 years of Holding and immediately Bad luck

[n0ne]

Now there is no such way to see a value less than $400. We can soon see the figure $450.
If the halving has come very close then it might go sub $400 so to have a great increase.

[Bitspenser]

The price could go to $400 again. But it will not stay below that level for too long. The price will rise quickly.

[Altynbekova]

The price could go to $400 again. But it will not stay below that level for too long. The price will rise quickly.

Well  as you see the price went back to 440 and now 422. It's the nature of the beast. In this case bitcoin.

[vero]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

[Mr. Big]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

That is true,  we are just scaring ourselves if we are thinking about the price dip and adding weight to its dip.. lets think about the dip as a chance for us to buy...

[cooldgamer]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

That is true,  we are just scaring ourselves if we are thinking about the price dip and adding weight to its dip.. lets think about the dip as a chance for us to buy...

This looks like more than a dip to me.  We already attempted a breakout that made it up to 440 and didn't get anywhere, now the market has lost it's steam and is going to bleed out.  We may get one more run up there before finally heading down, but I don't think sub-400 is too far off.

[Herbert2020]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

That is true,  we are just scaring ourselves if we are thinking about the price dip and adding weight to its dip.. lets think about the dip as a chance for us to buy...

This looks like more than a dip to me.  We already attempted a breakout that made it up to 440 and didn't get anywhere, now the market has lost it's steam and is going to bleed out.  We may get one more run up there before finally heading down, but I don't think sub-400 is too far off.

the time is not yet right for the breakout. so the price is going to stay at this level and go up and down sometimes as big as $30 so that day traders can earn profit from buying low and selling high.
it has always been like this in bitcoin market, just like any other market but with bigger swings.

[BitTyro]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

That is true,  we are just scaring ourselves if we are thinking about the price dip and adding weight to its dip.. lets think about the dip as a chance for us to buy...

This looks like more than a dip to me.  We already attempted a breakout that made it up to 440 and didn't get anywhere, now the market has lost it's steam and is going to bleed out.  We may get one more run up there before finally heading down, but I don't think sub-400 is too far off.

the time is not yet right for the breakout. so the price is going to stay at this level and go up and down sometimes as big as $30 so that day traders can earn profit from buying low and selling high.
it has always been like this in bitcoin market, just like any other market but with bigger swings.

In any case, I will just take a halt trading rather than selling my btc at a lower price than I purchased it. I was too late to cut my losses when it took a sudden dive.
I could only hope that it won't go sub-400 but if it does, it might be a good time to buy some to balance my previous losses.

[Pitchblackroom]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

That is true,  we are just scaring ourselves if we are thinking about the price dip and adding weight to its dip.. lets think about the dip as a chance for us to buy...

This looks like more than a dip to me.  We already attempted a breakout that made it up to 440 and didn't get anywhere, now the market has lost it's steam and is going to bleed out.  We may get one more run up there before finally heading down, but I don't think sub-400 is too far off.

You see but then, do you think everyone is going to be moving over to another currency as the major currency soon? Or will this be a long painful transition from Bitcoin to something else that will take 2-3 years.

[trafficolaa]

As i think price range $430- $450 is really bullish and there is pretty good sign exist to cross $500 again when the next week will get start so than we will good up trend and price will get increase for sure.

[BitTyro]

i think isn't after yesterday the price break down to $414 and now seems the price already moved up not much but better than back down to below $400.

That is true,  we are just scaring ourselves if we are thinking about the price dip and adding weight to its dip.. lets think about the dip as a chance for us to buy...

This looks like more than a dip to me.  We already attempted a breakout that made it up to 440 and didn't get anywhere, now the market has lost it's steam and is going to bleed out.  We may get one more run up there before finally heading down, but I don't think sub-400 is too far off.

You were right. We went sub-400 sooner than I thought tho.

[Pab]

May opinion it is down before up.Wait a news from Japan thay want legelise digital currencys like a money
Can you imagine in that country with negative rates

[Bitspenser]

May opinion it is down before up.Wait a news from Japan thay want legelise digital currencys like a money
Can you imagine in that country with negative rates

The Japan has negative interest rates, that should make bitcoin ideal to be the currency in that country.

[maokoto]

Not likely to go sub 400, it is well over 400 and trend does not seem so negative. Japan did not recognize it as a currency yet?

[lister storm]

the price is definitely not going to 400 or prices that are lower than 400 dollars as it is fluctuating from time to time

i think its a great time to buy in order to get some more money as the price is soon going to grow most probably