If Bitcoin break $700. For how long it will stay above $700?

[Febo]

If Bitcoin break $700. For how long it will stay above $700?

[Ayers]

i think indefinitely, above $700 was already broken, before the last dump, so if we broke it again it will be rock solid, there is no going back anymore from there, the real question is when the $1000 wall will be broken

[JimboToronto]

I chose "less than a day" because it very seldom crosses any resistance (or support) point without at least a little back-and-forth.

Once it has seriously crossed $700 for more than a day, we probably won't see sub-$700 again, barring some unforeseen calamity like an exchange hack or as yet undiscovered vulnerability.

[hifzi]

if you trade in bitfinex it already hits 695 area,but you must be care full of this scam shitty platform

only this btc/usd platform that pumping btc almost 10usd rightnow.

and still got question abut this platform why still had much volume since they were justhacked arou 100k btc??

[CyberKuro]

Have you seen this recent bitcoin price? after stuck for few days in $680-685, finally go through $690 even there is decline to coming.
After all, I think it could be break $700 in the near future and maybe last for 1-7 days.
 Just hope there are no problem with some exchanger get hacked anymore.

[Sniper44]

If Bitcoin break $700. For how long it will stay above $700?

it will surely fluctuate up and down after the break but it will eventually settle down above $700 and never come back down ever again.

you poll option should be never!

[Dr.Osh]

I guess when the bitcoin prices climbed above $ 700, this time surely will last a long time. even I predict it will rise to higher and more stable at the price of $ 800 at the start of 2017. Well, the increase in the price of bitcoin was about to begin, so try to hold bitcoin that you have, because this time the price of bitcoin will certainly survive at a high price

[BitHodler]

We're close, but that doesn't mean we will see the price touch the $700 mark.

But if we do happen to go over $700, then I am fairly sure that we'll go back to sub $700 prices not long after that.

Maybe even in the same day. It's a matter of taking profits before people put the dump train back to work, where after that you'll buy back your coins at discount rates.

[Shiroslullaby]

Price will go just above $700, then back down $10-15 and stay there for the next few days.

I do believe that once we reach $700, the jump to $750 is not far away.
I still think the $800-1000 range needs some additional news or another big service to generate some new users, though.

[ajareselde]

There's just too many positive movements for bitcoin to go down, so the only realistic way is forward and up.

Some of the recent ones, opening in November ;
http://www.coindesk.com/swiss-railway-service-sell-bitcoin-ticket-kiosks/
http://www.coindesk.com/cme-launch-date-bitcoin-indexes/

Also, there's a nice article here http://seekingalpha.com/article/4016241-4-reasons-buy-bitcoin-now

All things considered, bitcoin is still way underpriced, and everyone is just observing the market, waiting for right moment to buy. The funny thing is that usually such
people would rather buy when the price already goes up, rather than make their own conclusions earlier on and actually making a more profitable choice.

[serjent05]

I think if bitcoin break 700 USD, it will start climbing to 800 USD for the next months.  It will stay above 700 USD if there is no bad press happen.  Slowly gaining ground toward 800 USD by the end of 1st quarter of 2017.  There are lots of things that is happening which is good to bitcoin industry and there is almost no negative bad press upto this point after the bitfinex hacking.

[Denker]

If Bitcoin break $700. For how long it will stay above $700?

That depends. If we have to fight hard, a drop back below 700 is very likely.But only until the next attempt will be made.
If we rush through it I can see us building a new bottom above the 700.
I mean right now the price on an average is 691 and it looks like we may try to pass that 700 barrier, or at least try to pass it, this weekend already.

[bamboylee]

A few days, then users will start dumping their coins that will drive the price down. ANd it will slowly go up again, then by that time, the price will stick to 700 and will slowly go higher than that.

[amacar2]

If Bitcoin break $700. For how long it will stay above $700?

If price starts to get correction just after reaching 700-710$, price may get corrected to even below than $700 so i will say 1-3 days for this case.

Another case can be price don't start to get correction before reaching $750, than i don't think price will see another dump below $700 without any drastic event to cause panic over traders.

[ged00u]

If Bitcoin break $700. For how long it will stay above $700?

It depends on many factors. First of all is China. Chinese has made many impacts to the Bitcoin world for the past few years. They also have the biggest mining system located in their country. As long as China continue to invest in bitcoin, the price is not only stable above $700, but also break $1000. Second, the economy, if there is no currency able to compete with bitcoin, Bitcoin will skyrocket to more than 1000$. Thus, i think bitcoin will stay above $700 for at least 6 months

[Kprawn]

Remember not to long ago, the price was above $700 and it stayed there for a while... so this is not a new break point. We are going into the

festive season, so I expect a increase in the price, because there will be a increase in the demand for coins building up to Xmas. We will also

see some tech being released over the coming months that would address the scaling issues.  ... Get used to this price, if nothing goes

wrong...

[harizen]

If Bitcoin break $700. For how long it will stay above $700?

There's no accurate and right answer for that. Obviously, we will just know the result once we reached that level.

It will depends on the situation on a given trend that will revolves and circulate around that price of $700 above. Expectations are different from valid speculations. So be ready on any output that will happen.

If Bitcoin break $700. For how long it will stay above $700?

If price starts to get correction just after reaching 700-710$, price may get corrected to even below than $700 so i will say 1-3 days for this case.

Another case can be price don't start to get correction before reaching $750, than i don't think price will see another dump below $700 without any drastic event to cause panic over traders.

Correction for price range of $700 might take longer even bitcoin price breaches above it. It needs to build first the resistance around that price and short period of time isn't enough. The considerable correction as of the moment based on my own view, is $600 to $650. Above $650 is still on a test.

But like I siad, it will depend on a situation around that price.

[European Central Bank]

a few minutes or hours I think. it's come a long way in a short time. that can't continue forever. I think it might settle in the 620-680 area for a while. or maybe it'll explode. who knows?

[n691309]

If Bitcoin break $700. For how long it will stay above $700?

If bitcoin break "fast" $700 then it will not stay too long above $700 because I consider that what is achieved fast will go fast too, but if the price increases gradually then it will stay above for a longer time.

[The Sceptical Chymist]

The answer to this question is just a bunch of guesswork, even for the best crystal ballers.  I'm loving that bitcoin is pushing $700, and my GUESS is that if it breaks that point it'll stay there for a while.  The price seems to have been quite stable as of late, and things are looking pretty rosy from where I stand.  It's a bull market, boys.  Get in whilst the gettin' is good.