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RoommateAgreement
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June 11, 2016, 04:15:46 PM |
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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. i agree the above $500 has been very strong from the very begining of this rise and i have never seen such a rish to stick around this much. previously all the rises has ended in a decline right after the rise but this time it has gone up to $500 and then continued to go higher and now it is stable at $570+ |
Buying the dip...
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panju1
Legendary
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Activity: 1246
Merit: 1000
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June 11, 2016, 05:04:54 PM |
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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 trust this rally. Even if it has run out of steam, a natural support base will be formed at $500+. Sure, there will be some retraces. But I doubt if we will go all the way back to $400. |
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iv4n
Legendary
 Online
Activity: 3136
Merit: 1172
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June 11, 2016, 05:10:33 PM |
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Why not to trust it? Can't you see how much prise raised? I trust now more then yesterday, and less then tomorrow for sure. It's how it going in this time of fast rising.
After this halving anything can happen literally, so big things waiting for bitcoin just if everything stay good like it is now.
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skierchewing
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June 11, 2016, 05:12:36 PM |
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As long as the halving as not passed, for me, we'll still be in the bubble. I might even say that we will keep a bit of progress like last November's one.
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universe_
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CryptoTalk.Org - Get Paid for every Post!
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June 11, 2016, 05:17:16 PM |
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As long as the halving as not passed, for me, we'll still be in the bubble. I might even say that we will keep a bit of progress like last November's one.
thats true, i must admit that bitcoin halving in my opinion will push the price significantly up |
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Taki
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June 11, 2016, 06:03:15 PM |
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I don't know from where you have such pissimistic thoughts. I am sure that Bitcoin will cross the point of 600 $ per 1 BTC soon.
Could you tell me why do you think that it is impossible?
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nanonymousx
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June 11, 2016, 06:08:08 PM |
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Yes we do trust this rally, Bitcoin has the upper limit of 21 million, so as long as it is still used by millions people, Bitcoin will go up in price as time goes by.
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shogdite
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June 11, 2016, 06:13:41 PM |
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I am trying to work out why I would not trust it? I have accumulated for a few years and even if it does go back down to previous levels I could still sell at profit but I have no intentions to sell for many years to come. That a side there will be enough steam to break $600 in the coming weeks but I have no idea to what level.
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SomaliRebel
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June 11, 2016, 06:56:58 PM |
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I have trusted every rally thus far. Hodl me  |
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d5000
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Activity: 3906
Merit: 6233
Decentralization Maximalist
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June 11, 2016, 07:41:53 PM |
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The sentiment is still way to good for this rally to stop. Look at the threads in this forum; people are again dreaming of 2000$ or even 1.000.000$ for one single Bitcoin.
But this shows also that we are already in an advanced stage of the rally. Some market participants are already thinking of taking profits. And I think if there is someone dumping again down to 560, there could be a first little panic. It may not be the end of the rally, but a little break.
I think we will reach $600 within a few days (maybe this weekend, weekends were pretty bullish in the last months) and then it will go up to $700, at least. Maybe $800. But in the next phase you should be wary of profit taking, especially when we're approaching the halving date.
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lister storm
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June 11, 2016, 07:56:13 PM |
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I have trusted every rally thus far. Hodl me theres nothing to hold right now, the price is still increasing and it does not show any signs of stopping at the moment, so i think it will keep on going for a while i always trusted in bitcoin rise and i will always trust in it because bitcoin is the currency that is created for people not for governments and countries to be able to manipulate people with money |
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richardsNY
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Activity: 1232
Merit: 1091
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June 11, 2016, 08:31:51 PM |
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I have trusted every rally thus far. Hodl me You basically mean that as long as you make profit you will continue to trust rallies.  I think that goes up for the majority of the people here. |
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Bestwishes745
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June 11, 2016, 08:39:50 PM |
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I believe on this rally and everyone is believing on it as this is a real rally and it is because of the news of halving and we will reach to $700 in this month, if God wanted, and now we will not go down again as people now like to adopt it and to use it.
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fearlesscat10
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June 13, 2016, 06:08:22 AM |
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I believe on this rally and everyone is believing on it as this is a real rally and it is because of the news of halving and we will reach to $700 in this month, if God wanted, and now we will not go down again as people now like to adopt it and to use it.
I think we might even reach $800 this month. I mean holy cow, It was just below $600 the other day. This rally is going places. |
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sadasa
Sr. Member
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Activity: 446
Merit: 250
Unpaid signature.
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June 13, 2016, 03:30:36 PM |
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I believe on this rally and everyone is believing on it as this is a real rally and it is because of the news of halving and we will reach to $700 in this month, if God wanted, and now we will not go down again as people now like to adopt it and to use it.
I think we might even reach $800 this month. I mean holy cow, It was just below $600 the other day. This rally is going places. The price is 29 months high at the moment. The price has risen too fast. I think it needs good correction. |
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fearlesscat10
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June 13, 2016, 04:47:47 PM |
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I believe on this rally and everyone is believing on it as this is a real rally and it is because of the news of halving and we will reach to $700 in this month, if God wanted, and now we will not go down again as people now like to adopt it and to use it.
I think we might even reach $800 this month. I mean holy cow, It was just below $600 the other day. This rally is going places. The price is 29 months high at the moment. The price has risen too fast. I think it needs good correction. But will the price correction happen before halving? |
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Dafar
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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June 13, 2016, 04:52:56 PM |
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I believe on this rally and everyone is believing on it as this is a real rally and it is because of the news of halving and we will reach to $700 in this month, if God wanted, and now we will not go down again as people now like to adopt it and to use it.
I think we might even reach $800 this month. I mean holy cow, It was just below $600 the other day. This rally is going places. The price is 29 months high at the moment. The price has risen too fast. I think it needs good correction. But will the price correction happen before halving? Probably not, unless it's a week/few days before halving |
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sadasa
Sr. Member
Offline
Activity: 446
Merit: 250
Unpaid signature.
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June 14, 2016, 06:10:45 PM |
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I believe on this rally and everyone is believing on it as this is a real rally and it is because of the news of halving and we will reach to $700 in this month, if God wanted, and now we will not go down again as people now like to adopt it and to use it.
I think we might even reach $800 this month. I mean holy cow, It was just below $600 the other day. This rally is going places. The price is 29 months high at the moment. The price has risen too fast. I think it needs good correction. But will the price correction happen before halving? Probably not, unless it's a week/few days before halving I think the price correction is happening now. The price in Polnoniex is around $620, that is a drop of $100. |
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Cybertron00
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June 15, 2016, 01:24:00 AM |
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I also trust the rally now. I believe it will go above 800$ and maybe it will touch 1000$ if we are lucky. If that times comes ill consider selling some of my bitcoin. |
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sadasa
Sr. Member
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Activity: 446
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June 16, 2016, 04:50:04 PM |
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I also trust the rally now. I believe it will go above 800$ and maybe it will touch 1000$ if we are lucky. If that times comes ill consider selling some of my bitcoin. It seems very likely for the price to touch $1000 later this year or early next year. It depends on other factors as well. |
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