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Author Topic: Next breakout in bitcoins price when will it be?  (Read 2045 times)
groll (OP)
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July 13, 2016, 01:47:49 AM
 #1

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?
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July 13, 2016, 02:31:27 AM
 #2

My guess is that it will take a few months for the effect of reward halving to be felt. Current stable price is healthy and should continue for the coming weeks. Any sudden increase in price will most likely cause by pump and dump...
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July 13, 2016, 03:00:21 AM
 #3

I don't think this year we won't experience steep increase similar to that happened few weeks back. Gradual increase might continue to keep the price high and profitable.

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July 13, 2016, 03:14:18 AM
 #4

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

first of all move your topic to speculation board because it belongs there. secondly, we don't see the future to tell you when it is going to happen.

a breakout may very well never happen and this stable price will slow rises over time (like $50/per month) can keep on happening for the following months.

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July 13, 2016, 03:20:00 AM
 #5

My guess is that it will take a few months for the effect of reward halving to be felt. Current stable price is healthy and should continue for the coming weeks. Any sudden increase in price will most likely cause by pump and dump...

This is also what I believe that the increase of bitcoin price should be slowlỵ. I hope that we will be surprise by year end that the significant increased we will witness. You maybe correct that the suđden increased is caused by speculation,panic buying because of the halving,chinese buyers etc. In the end,we are still hopefull that the price will continue to increase.

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July 13, 2016, 03:25:47 AM
 #6

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

My guess is next January. My computation is every seven months. Last november I counted seven months then on the seventh month June 2016 the increase happened. The next breakout that I am seeing is after another seven months and that is on January of the year 2017. I am predicting another 50% price increase on bitcoins or more. I am already preparing my satoshis for the next event.
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July 13, 2016, 04:14:46 AM
 #7

My guess is before end of this year the price will rise again I think month of November or December it will happen  well just wait and see  what it's going to happen on the price of bitcoin.



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July 13, 2016, 04:28:28 AM
 #8

I am not one who's rooting for the price to increase right away. Let it stay in its present range for a while. If it can go lower than $600, better for those waiting for another buying opportunity. People put too much hype on the immediate effect of halving, that is why there must be some disappointment when they didn't see the price shoot to the moon.
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July 13, 2016, 05:04:19 AM
 #9

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

my guess is that the next rise will happen in at least a month after now meaning maybe at the end of July after this period of slow and boring market then there will be exciting rises afterwards.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 13, 2016, 07:53:22 AM
 #10

Since im not a whale or a bitch whale or somethin like that cant predict it!
But if europe falls apart and more members leave.. then i think we got a better chance to bitcoin to go crazy, because maybe the politicians break their bounds between other europian countrys, but the people dont care about that and also dont like the price difference between their countrys. So bitcoin would used even more, and ppl will need it further more..time will show..
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July 13, 2016, 08:00:26 AM
 #11

I'm going to go for sometime in October for the next biggest pump.  Price should start steady with small dips up until then,  and then a pump upto about 750 800. Pure speculation obviously but you never know.

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July 13, 2016, 08:32:01 AM
 #12

I don't think this year we won't experience steep increase similar to that happened few weeks back. Gradual increase might continue to keep the price high and profitable.
Yeah the last rise was crazy because the price was rising so fast, but I do think that it is going to happen.
I want to see the price after the halving because that is going to decide what I am going to do next.
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July 13, 2016, 09:10:55 AM
 #13

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

my guess is that the next rise will happen in at least a month after now meaning maybe at the end of July after this period of slow and boring market then there will be exciting rises afterwards.
my guess is that the breakdown can happen at the month of october to november and i think price will dip up and down and again starts to increase further.
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July 13, 2016, 09:14:07 AM
 #14

Probably during Good Friday or Cyber Monday again?

I'm not really sure because the price seem to stay at 600 USD even after the halving. However I feel that the price will move again sometime later this year. Not my feeling. I mean ... there is more coverage of Bitcoin and cryptocurrency in my local news nowadays.

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July 13, 2016, 09:18:07 AM
 #15

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

next break out will be once chart has drown a figure chart pattern than will be validated once it breaks upwards or downwards. this happened already twice with big triangle size and a lot more on lower time frame ...

you don't need to be a technical expert to call for a break out my friend
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July 14, 2016, 01:39:57 PM
 #16

I think it will happen on the last quarter of this year or early next year. I believe that bitcoin price movement after halving takes some time to increase that much. The effect isn't instant imo. On the other side, it's still a good thing that the price stays at $600 and up. Small amount of increase every day, week or month is not bad Smiley
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July 14, 2016, 04:07:44 PM
 #17

May be before November or after November this year also bitcoin price may get pumped. November seems really a lucky month for bitcoin  Grin

 
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July 14, 2016, 04:40:22 PM
 #18

end of the year maybe but i can't see much on the horizon that's gonna fuel it. we might be in for a surprise with etf news sooner than we expect. even then who knows what effect it would have? it might be a slow burn like all the other good news.
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July 14, 2016, 05:01:31 PM
 #19

I don't think this year we won't experience steep increase similar to that happened few weeks back. Gradual increase might continue to keep the price high and profitable.

we still have a few months to reach the end of the year. and halving not give meaningful effect on the price. thus increasing the potential is still high. but it will not rise high and no more than $900

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July 14, 2016, 07:49:39 PM
 #20

Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

I've always expected the price to start showing the effect of the halving by October~November and get to around $800. Many thought the same too before they got distracted by the pump. After the price increased before the halving some have begin to speculate that it will break $800 much faster.

                                                                       
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