420

[NorrisK]

It is probably long and short positions being canceled and opened and on the way down stop loss that are being triggered.

Speculators bought anticipating a rise further towards 450, but when stuff started slowing down, slowly stop loss were hit causing a cascade back to support levels again.

I wouldn't worry too much about it, it is just part of bitcoin that the price moves in both directions heavily.

[pooya87]

that is just how bitcoin price works, it looks to me like a small pump in the market just to make a chance for daily trading bitcoin and make a quick profit out of the change. the market has been getting so boring lately so the change was expected, which way was the question that happened to be up

[Olaf]

that is just how bitcoin price works, it looks to me like a small pump in the market just to make a chance for daily trading bitcoin and make a quick profit out of the change. the market has been getting so boring lately so the change was expected, which way was the question that happened to be up

probably but if all the action shows when the halving does come.

it`ll be worth the wait? or maybe not.. lol. who knows.. I really hope the price does go up w. the halving though..

[1Referee]

I'm interested to know if the price will test the $400 level the coming days. If it holds then we will most likely see the price go up to $420 and then down again.

[bitbunnny]

No reason for panic, this is just usual fluctuation in price, few percent up or down. Everyone is eager about the halving but who knows what that brings...

[kwukduck]

Bye bye 420 you look so far away already...

[LMGTFY]

Bye bye 420 you look so far away already...

Almost 2.4% away in fact. Gosh.

[Farma]

I hope the price immediately rose to the height, maybe it's good if the price stable at $ 415 as it is now, but I think the price is not high enough if it is still $ 415, I expect the price goes up $ 500 in the next month

[gerXhonza]

I hope the price immediately rose to the height, maybe it's good if the price stable at $ 415 as it is now, but I think the price is not high enough if it is still $ 415, I expect the price goes up $ 500 in the next month

$500 not possible in next month I think we need to wait till halving to see that price as it will not be easy to achieve that mark by next month.

[vero]

bitcoin has reach more than $420++ many times and then the price of bitcoin will back down to $400++ its make me confused, because i expect in the next 3 month bitcoin price could reach $1000

[fravia]

we dropped down guys, what does this mean after all the buying up to $431?

yes we fell to 410-420$, but we will go up, it is pretty funny that halving rises price even now, everyone buys bitcoins so price rises each day,  if we won't have any more price falls we will see 500$ after month, we will climb through 430$ for sure

[~Bitcoin~]

Bitcoin price is getting heavily manipulated by whales as they like to accumulate  as much as they can before halving in cheap price.

[Pitchblackroom]

we dropped down guys, what does this mean after all the buying up to $431?

yes we fell to 410-420$, but we will go up, it is pretty funny that halving rises price even now, everyone buys bitcoins so price rises each day,  if we won't have any more price falls we will see 500$ after month, we will climb through 430$ for sure

We've seen 420$ a lot in the past month or two? It just seems to be part of the real business cycle of growth for Bitcoin. It will just fluctuate around this point for a while before it ends up actually going up.

[n0ne]

I hope the price immediately rose to the height, maybe it's good if the price stable at $ 415 as it is now, but I think the price is not high enough if it is still $ 415, I expect the price goes up $ 500 in the next month

$500 not possible in next month I think we need to wait till halving to see that price as it will not be easy to achieve that mark by next month.

Yeah if the price increase is the same, without doubt bitcoin price won't reach $500 by the coming month, as the price is quite sitting within $410 - $425 for a very long term than speculated.

[7788bitcoin]

No worry mates! My average buy price is around $600+. If you believe in bitcoin, you should feel lucky that you bought some at the current price in 10 years' time.

[RoommateAgreement]

No worry mates! My average buy price is around $600+. If you believe in bitcoin, you should feel lucky that you bought some at the current price in 10 years' time.

when the price is stable everybody is complaining why is it boring.

when it moves everybody says why did it move. and it doesn't matter which way and even if it comes back or not there is always somebody complaining

[the_poet]

Bye bye 420 you look so far away already...

Dirty cheap coins are a thing of the past. Nonetheless, you'd better buy now as much as you can because, in the not too distant future, $400-$420 will be the new definition of 'dirty cheap'.

[KennyR]

Bitcoin price is getting heavily manipulated by whales as they like to accumulate  as much as they can before halving in cheap price.

Bitcoin price will increase when most of the accumulation get released rather than the halving. Bitcoin price has a major correspondence to the large scale accumulators.

[sanadas]

Bye bye 420 you look so far away already...

Dirty cheap coins are a thing of the past. Nonetheless, you'd better buy now as much as you can because, in the not too distant future, $400-$420 will be the new definition of 'dirty cheap'.

That is right. I am accumulating the bitcoin at the moment. I buy some every week if the price is below $420.

[Adrorecia]

The value is not that high now indeed, you see indeed the value is now stable and that is much better than it will be going down so we must be not that negative now around this time.
You see also that the halving is coming and that can be good for those who already have Bitcoin.