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Author Topic: Do you still trust this rally?  (Read 3464 times)
Cyaren
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June 11, 2016, 04:59:41 AM
 #41

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?
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June 11, 2016, 05:22:14 AM
 #42

I still believe this rally could break $600 in the middle of this match, imo if the price less than $700 the miner will not get a profit by mining bitcoin.

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June 11, 2016, 05:54:39 AM
 #43

I still believe this rally could break $600 in the middle of this match, imo if the price less than $700 the miner will not get a profit by mining bitcoin.

Agreed, the rally doesn't seem to be slowing down just yet. I believe we'll break $600 soon before halving. Maybe even past that.

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June 11, 2016, 06:17:06 AM
 #44

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

this could have been true in the early days the we broke the $500 because nobody was sure about the price but now it has built up some good support and the new bottom has been tested now so there is no way possible that price can go to 4xx range any more there is only one way to go and that is up towards $600 and breaking it.

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June 11, 2016, 06:22:16 AM
 #45

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

this could have been true in the early days the we broke the $500 because nobody was sure about the price but now it has built up some good support and the new bottom has been tested now so there is no way possible that price can go to 4xx range any more there is only one way to go and that is up towards $600 and breaking it.

Yes I highly doubt that we'll ever go back to the $400 range, taking the halving into consideration. The supply will be significantly decreased, and so the demand will adjust.

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June 11, 2016, 06:25:22 AM
 #46

even though there is no guarantee would happen big pump but yes i do still believe this rally still not over
and before halving dates the prices will be rise up reach to $600 and after halving dates next peak would be $700
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June 11, 2016, 07:57:55 AM
 #47

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
This Bitcoin rally is true and the price will increase day by day. Now the time for bitcoin to test new higher prices.
If you think bitcoin will back $400 I think you are in dream. Halving coming early July wait to see a big rally.

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June 11, 2016, 08:17:38 AM
 #48

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

I think we're going to stay here for a while, and then perhaps go up even further Tongue The reason is that the halving is still approaching us, and we're definitely going to see more price rises.

That's just my opinion though. I could be wrong.
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June 11, 2016, 08:28:47 AM
 #49

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?

Hopes were high that the price would reach $600 this week but it didn't happen. I think next week will be exactly the same as this week. It will just keep sailing at current price levels. $600 looks so close, but in reality no one has made the effort to push the price very very close to $600 yet.
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June 11, 2016, 09:18:38 AM
 #50

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?

Hopes were high that the price would reach $600 this week but it didn't happen. I think next week will be exactly the same as this week. It will just keep sailing at current price levels. $600 looks so close, but in reality no one has made the effort to push the price very very close to $600 yet.

Yes it has gone very very close to 600$ but bitcoin has still not managed to cross 600$.   600$ look like a mile stone now. Once its crosses 600$, then there will be no stoppage and price will further move upwards.
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June 11, 2016, 11:21:45 AM
 #51

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?

Hopes were high that the price would reach $600 this week but it didn't happen. I think next week will be exactly the same as this week. It will just keep sailing at current price levels. $600 looks so close, but in reality no one has made the effort to push the price very very close to $600 yet.

Yes it has gone very very close to 600$ but bitcoin has still not managed to cross 600$.   600$ look like a mile stone now. Once its crosses 600$, then there will be no stoppage and price will further move upwards.

To be honest, I think it is better for the price to stay below $600. It has risen 30% in the last 30 days.

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June 11, 2016, 11:44:53 AM
 #52

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

I agree. Basically every time the price moves to $600 the blocks get full and the speculators then start fretting about the backlog and taking profits.

 
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June 11, 2016, 12:14:01 PM
 #53

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?

Hopes were high that the price would reach $600 this week but it didn't happen. I think next week will be exactly the same as this week. It will just keep sailing at current price levels. $600 looks so close, but in reality no one has made the effort to push the price very very close to $600 yet.

Yes it has gone very very close to 600$ but bitcoin has still not managed to cross 600$.   600$ look like a mile stone now. Once its crosses 600$, then there will be no stoppage and price will further move upwards.

To be honest, I think it is better for the price to stay below $600. It has risen 30% in the last 30 days.

But for how long can it / will it stay below $600? I think it'll break $600 for sure in the next few weeks.

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June 11, 2016, 12:17:45 PM
 #54

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?

price rise up to event after is correct,be ready for that,dump will finally come,but can be some fast pump before to above 700$ i think,lets see

 
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June 11, 2016, 01:40:23 PM
 #55

I don't actively trade, but I occasionally play with long-term trends.  I shorted at 575 on Gdax and set a buyback order for 520.  I was pleasantly surprised this morning to see a large dump on 5/7 (down to ~500) that filled my order.  Not great, but easy money nonetheless.

I do not watch the charts very closely.
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June 11, 2016, 02:11:18 PM
 #56

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

Nah man. $600 is still relatively cheap to buy in just before the halving. Remember that the halving is still a month away... If we get closer, then I bet the price will rise much further.

But yeah... Currently hovering around $580. Maybe we'll see $600 broken in the next week?

price rise up to event after is correct,be ready for that,dump will finally come,but can be some fast pump before to above 700$ i think,lets see

I expect a dump too but not before the halving. The chance that the price will go up this coming 30 days is the main reason i am holding at the moment. Seems that there is stil room for te price to go up.. But to 650 max. I don't see it getting over 650.
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June 11, 2016, 02:42:23 PM
 #57

580 is holding really strong, it will go up anytime soon. The stability will not be maintained for long. Too bullish.
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June 11, 2016, 02:59:31 PM
 #58

580 is holding really strong, it will go up anytime soon. The stability will not be maintained for long. Too bullish.

Bitcoin too strong!
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June 11, 2016, 03:03:23 PM
 #59

I have fairly good confidence in this rally still, there isn't anything that says otherwise so I might as well just keep moving along with it and wait to see where it goes. It hasn't been dropping, and the value is slowly increasing, so it seems like everything is relatively hunky-dory for right now. I'll wait and see what happens at the halving though.
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June 11, 2016, 03:03:49 PM
 #60

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
It's really holding 560-580 for few weeks now. I don't see it falling anytime soon and with the halving coming I would only expect it to rise more even touch the 700$ mark soon in the next month.
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