When do you expect prices to fall

[Mastercon]

No lower than $350 this time

That is right. The bitcoin price could drop to $550 in the next few days, then it will rise from that level.

of course the price is going to go back up pretty soon, even though it was dumped, i think not for long and the price is going to come back and make me money

If the bitcoin hack is restricted to the Bitfinex, the damage to the bitcoin will be limited. The price will go up soon.

of course the price is going to come back soon, people will forget the hack and everything is going to be fine, just believe me and you will make profit

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

There is good development of the bitcoin protocol. I think the price will rise again in the next few months.

[Schuyler]

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

[chaser15]

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

[Juhagic]

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

[cambda]

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

Price is recovering slowly at a moment and I don't think we will see major price drop at this stage and people are taking advantage of low price at a moment and are busy in buying coins.

[Mastercon]

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

I think so. The bitcoin price has been stable for some time, like that in the January to May, before the huge rise.

[LFC_Bitcoin]

I'm not expecting prices to fall much, if at all from the current range. We've been fairly stable, price wise for a while now. This is usually what happens before a big pump.

[Mastercon]

I'm not expecting prices to fall much, if at all from the current range. We've been fairly stable, price wise for a while now. This is usually what happens before a big pump.

I think so. There is no bad news in the pipeline to drive down the price unless there is another hack on a major exchange.

[vero]

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

I think so. The bitcoin price has been stable for some time, like that in the January to May, before the huge rise.

not the current price is not stable, the price has recovered up after the case bitfinex but the current price movement is very slow and looking not able to pass $ 600

[1Referee]

I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

I think so. The bitcoin price has been stable for some time, like that in the January to May, before the huge rise.

not the current price is not stable, the price has recovered up after the case bitfinex but the current price movement is very slow and looking not able to pass $ 600

There is no buy support and incentive to push the price over the $600 price level, and to keep it there. If this continues, then I think the price will fall down a bit lower in the coming week.

[dothebeats]

Not a pro on TA or even simple speculating, but judging from the events prior to this rise, it would remain stagnant for weeks (since there are no major events helping the price go up or down) until something would 'shock' the market that could decide whether this market would go up or down. We all know for a fact that traders who stocked loads of btc during $200 ranges are pretty much in profit right now and could care less on what would happen next. They could just short some or hold long on their positions. Again, without some major events in the scene, there would be no drastic changes in price.

[angaper]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

[john2231]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

How do you know that the price of bitcoin will drop at that price? 400 value its impossible to happen.. i think the price will be stay at 500 value and the price should be increase these following months..

[pooya87]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

the bitcoin "market" is predictable enough to know what is going to happen, however the thing that is unpredictable is all other things that can affect the price for example this recent bitfinex hack was unpredictable but the market reaction to it is predictable.

[Oralmat]

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Yeah news like bitfinex cause a serious dent in the progress of the up going prices. Although we are back at 600$ but i am sure few of the investors would have quit bitcoin because of that incident.

[peta4e]

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Yeah news like bitfinex cause a serious dent in the progress of the up going prices. Although we are back at 600$ but i am sure few of the investors would have quit bitcoin because of that incident.

No, I don't think people would have quit bitcon for that small reason, as price didn't fall extremely, it was just an little crash and now again it has started to go up so nothing to worry.

[virusasog]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

the bitcoin "market" is predictable enough to know what is going to happen, however the thing that is unpredictable is all other things that can affect the price for example this recent bitfinex hack was unpredictable but the market reaction to it is predictable.

Yup even I can't predict the price of the bitcoin because people can speculate the price but all those will not happen out Recently many of us speculate the halving price but it's failed in speculations. Better let that happen and we ll enjoy with it.

[~Bitcoin~]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

[co5hike]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.

[Yakamoto]

The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.

Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.