Will this rise hold?

[the_poet]

At $475, we're experiencing a significant rise over the last weeks or even months, but the crucial question is: will the price hold or will it go back to the usual levels?

[Raimonn]

In my opinion, with the halving event on few weeks, any positive news about bitcoin; or bad news about european banks, yuan devaluation, or american economy could start a rally on bitcoin price.

[randy8777]

it's an unexpected price increase for sure. exchange price in china has gone over $500 while non chinese exchanges are still at least $20 behind. i wonder if they will catch up within 24 hours if the price doesn't go down again.

[LFC_Bitcoin]

I really think the price will hold this time, lots of reasons for this including the halving, I think we could see 460 as a new bottom if there happens to be some kind of retrace here.

[DuckKeeper]

The rise is going to stop eventually and that is going to happen when the halving is going to come in and changes the price up. I am not sure what the price is going to be after the halving but it has to be good.

[kwukduck]

Well there's your answer, plummeting real nicely....

[fearlesscat10]

The rise is going to stop eventually and that is going to happen when the halving is going to come in and changes the price up. I am not sure what the price is going to be after the halving but it has to be good.

The rise has stopped. Now it's hovering around $670. We could wait a few more hours / a day to see where it goes from here.

[btc-facebook]

You may set your own target of your profit so you can maintain on how long will you hold your bitcoin

For me, whenever bitcoin get increase or decrease, I will keep hold until it reach $1000 / btc

[fearlesscat10]

You may set your own target of your profit so you can maintain on how long will you hold your bitcoin

For me, whenever bitcoin get increase or decrease, I will keep hold until it reach $1000 / btc

I have my selling targets, but I'm tempted to buy again. Do you have any plans of ever buying again?

[salmanahmedone]

The rise is going to stop eventually and that is going to happen when the halving is going to come in and changes the price up. I am not sure what the price is going to be after the halving but it has to be good.

The rise has stopped. Now it's hovering around $670. We could wait a few more hours / a day to see where it goes from here.

It is just a temporary stop in rise of prices. We will continue to see more price rise in the coming month because of the halving. The question is what will be the maximum price before the price fall will start. We shall have to watch carefully on how the markets reacts to the situation. I believe if you are holding for selling on highest price, make your target and when the price reaches your target limit, sell them rather than waiting for more increase in the price and avoid being greedy.

[BombayChicken]

Yes I think the rise will hold these days because the halving is also coming this year so that is a good sign in my eyes if you are asking.

[Barbut]

I think no can say with 100 % what will happen after this halving. I would like bitcoin to stay high, and there is chance for that in my opinion. Btc community is constantly growing, more sites and shops started to accept btc as payment method.
In the end we will see what will happen for few month's, I don't think this train will last longer then that.

[romero121]

Nothing is assured, as well none know whether the ongoing increase holds or not. In my opinion surely halving gives a big increase and after halving days price stabilizes for a short term and then continues to decrease. This decrease finally sustain around a good price.

[killerjoegreece]

the downward slope has begun

[Viyamore]

This matter is still unpredictable for use bitcoin change from time to time ,but it will have a big possible hold after this fast rising of bitcoins .but watever it takes place the good news is we earned a good profit from it also if it will continous to rise.

[mrhelpful]

If you already sell if it reachs $800 and youre bought in at $400 thats already free 1 bitcoin.

If the prices ever fall back before the halving scenario - which is just a safe bet unless the exchange takes in overwhelming amount of buy orders which I dont see.

Unless I see reddit posts on something based on events that change to promote more orders in.

[CryptoBjorn]

This matter is still unpredictable for use bitcoin change from time to time ,but it will have a big possible hold after this fast rising of bitcoins .but watever it takes place the good news is we earned a good profit from it also if it will continous to rise.

I know some peopel who have already cashed  out. But not me. The correction is taking place while the halving is sill 1 month away. Also I don't think all is about chinese money coming in, since the rise started saturday, and become strong on monday.

[DooMAD]

Having been stuck in hospital for three weeks, it's nice to see the price a bit higher than when I went in.  Don't ask me to make a habit of it, though, I'm not taking credit for making it go up.   

[Ch3wbacca]

All this is speculation and a waste of time. Price does what it does.

[cmacwiz]

All this is speculation and a waste of time. Price does what it does.

This is the speculation sub-forum...