450$ Breakout

[Eternadars]

It is over 450, in the same vein as some days ago. Small movements up and down but nothing too alarming.

This is completely normal. Rise above 450 ten tomorrow it goes back to under the 450 dollar. It's predictable and there is no clear indicator there is a break out coming.

The ceiling seems to be $470. When it gets there, the blocks get full (people moving their coins to the exchanges), a backlog develops, the blocksize debate kicks off again and people start selling.

That $470 ceiling has been broken. We will see $470 to be the floor for the next few months or longer.

[asdalani]

It is over 450, in the same vein as some days ago. Small movements up and down but nothing too alarming.

This is completely normal. Rise above 450 ten tomorrow it goes back to under the 450 dollar. It's predictable and there is no clear indicator there is a break out coming.

The ceiling seems to be $470. When it gets there, the blocks get full (people moving their coins to the exchanges), a backlog develops, the blocksize debate kicks off again and people start selling.

That $470 ceiling has been broken. We will see $470 to be the floor for the next few months or longer.

The $470 might not be the floor any more. The new floor of the bitcon price could be around $500.

[Bokelka]

It is over 450, in the same vein as some days ago. Small movements up and down but nothing too alarming.

This is completely normal. Rise above 450 ten tomorrow it goes back to under the 450 dollar. It's predictable and there is no clear indicator there is a break out coming.

The ceiling seems to be $470. When it gets there, the blocks get full (people moving their coins to the exchanges), a backlog develops, the blocksize debate kicks off again and people start selling.

That $470 ceiling has been broken. We will see $470 to be the floor for the next few months or longer.

The $470 might not be the floor any more. The new floor of the bitcon price could be around $500.

The price of bitcoin is quite strong now. If the price does not hit $600 in the next few days and keep on consolidating, it will not go below $550.