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Author Topic: Price has crossed $600 in a short than expected. what next....?  (Read 528 times)
romero121 (OP)
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June 12, 2016, 03:55:14 AM
 #1

The price has crossed $600 in a short. In the past the price got sustained for long time around the values of $385, $430 and then it haven't sustained around any value for a long. Even around $580 it sustained very short. Does this seems to be the start of halving.

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Sniper44
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June 12, 2016, 04:09:32 AM
 #2

The price has crossed $600 in a short. In the past the price got sustained for long time around the values of $385, $430 and then it haven't sustained around any value for a long. Even around $580 it sustained very short. Does this seems to be the start of halving.

it is very interesting to see this rise happening so fast unlike the past rises.

i also want to know that if it is the start of the big rise of halving, but i don't think you can find a sure answer to this question.

to the moon with bitcoin...
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June 12, 2016, 04:22:52 AM
 #3

it suddenly reach 630? i guess its possibly going to reach 1K USD then. I wouldn't be surprise if local TV news will feature bitcoin later.
And with that it may help publicity and the price rise.

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salmanahmedone
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June 12, 2016, 04:23:53 AM
 #4

The price has crossed $600 in a short. In the past the price got sustained for long time around the values of $385, $430 and then it haven't sustained around any value for a long. Even around $580 it sustained very short. Does this seems to be the start of halving.

The price was stable at 580$ for few days and now it has crossed 600$. the halving will be on July 10, but the effects of halving has already started. Now the next milestone will be 700$ which will be achieved soon surely. We now see the halving effects which would last till july 10 (the date of halving).  
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June 12, 2016, 04:24:01 AM
 #5

What next?

Probably a dump, fall back down to 575. LOL

pooya87
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June 12, 2016, 05:04:58 AM
 #6

The price has crossed $600 in a short. In the past the price got sustained for long time around the values of $385, $430 and then it haven't sustained around any value for a long. Even around $580 it sustained very short. Does this seems to be the start of halving.

this short bursts are always a risky price and their stability is not that hard either but i was thinking the same thing about the $500 too but we have all seen that it stayed and even rise up to $570.
on the other hand this can be start of the breakout and never stop and go back ever again.

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June 12, 2016, 05:10:05 AM
 #7

What's next?

Key dates:

Australian Auction: June 14
BTC halving: July 11

Your's to speculate your own and make some nice analyzation.

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free-bit.co.in
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June 12, 2016, 05:15:24 AM
 #8

What's next?

Key dates:

Australian Auction: June 14
BTC halving: July 11

Your's to speculate your own and make some nice analyzation.

Australian auction? Could you give me a link? First time I hear about that.Tnx

I think we will reach a price of $800 on day of the halving.

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pooya87
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June 12, 2016, 05:23:49 AM
 #9

What's next?

Key dates:

Australian Auction: June 14
BTC halving: July 11

Your's to speculate your own and make some nice analyzation.

Australian auction? Could you give me a link? First time I hear about that.Tnx

I think we will reach a price of $800 on day of the halving.

http://lmgtfy.com/?q=Australian+bitcoin+Auction+
it is about $13m in confiscated bitcoins by Australian police which will be auctioned.
but i seriously doubt that these auctions can have any effect on the price of bitcoin, because it is not the first time police have auctioned such confiscated coins and it will not be the last, and so far the effects was negligible.

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