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Question: If Bitcoin break $700. For how long it will stay above $700?  (Voting closed: November 27, 2016, 02:50:52 PM)
Less then a day - 4 (9.5%)
1-7 days - 5 (11.9%)
7-30 days - 7 (16.7%)
31-180 days - 5 (11.9%)
More then half year - 21 (50%)
Total Voters: 42

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Author Topic: If Bitcoin break $700. For how long it will stay above $700?  (Read 2750 times)
iqlimasyadiqa
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October 28, 2016, 09:50:06 PM
 #21

If Bitcoin break $700. For how long it will stay above $700?
perhaps only a few days. I am optimistic bitcoin prices could increase steadily over 700USD. but when the price reaches 700USD bitcoin I would sell 50% of the bitcoin I have, because the price of 700USD already made my big profit. I do not want to take the risk because it could have bitcoin prices declined again.
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October 28, 2016, 10:02:34 PM
 #22

I think it could break $700 and then have a pull back. It could drop 5 to 10% before rising again but there is really noway to tell. I do expect some kind of correction so though.

 
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October 28, 2016, 10:42:34 PM
 #23

I think btc will enjoy mini pumps till a solid 1K after some really good news it will jump to 2-3k in 2017-2019
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October 28, 2016, 11:03:10 PM
 #24

Theres no reason to have 700 as a magic number  Huh  The value of dollar varies every day, the only reasoning to hold 700 special is same as any other human identification of a trend, like avoiding 13.   The world is bigger then this and 700 in USA is a totally uneven number is most other countries, I only hope it means nothing because then we know the global significance of bitcoins relies not on one country and we are progressing to proper distribution

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October 28, 2016, 11:33:54 PM
 #25

$700 is just virtual threshold - majority of bitcoin trading is conducted using Chinese Renminbi. For them $700 limit is not important.
For now CNY price of BTC is exactly 4,667 and 5000 CNY will be $741 - and this is the price we might expect.
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October 29, 2016, 01:07:25 AM
 #26

This time support around 700 will stack up. So yes I do think that bitcoin can hold 700. But remember nobody expected 550, and then the bitfinex hack happened.

In essence it's hard to say what will happen but it seems the october rise of 2016 is following up the rise of 2015

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October 29, 2016, 02:37:26 AM
 #27

If Bitcoin break $700. For how long it will stay above $700?
If bitcoin breaks the 700$ mark,it will stay on that price for a month before going upto 800$.
800$ will be the closing price this 2017,.
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October 29, 2016, 02:56:15 AM
Last edit: October 29, 2016, 03:07:11 AM by BitcoinNewsMagazine
 #28

On Bitstamp $777 is important to watch as it is the 61.8% retracement from the all time high to $152 low. Also the June 17 high so expect resistance.



For OKCoin watch the 5300 yuan level same 61.8%


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October 29, 2016, 03:26:13 AM
 #29

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.

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October 29, 2016, 03:54:51 AM
 #30

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.
Iirc you've predicted stuff like this before, so I'm definitely going to consider this a possibility. I'm not sure if the rise is going yo keep going or if it is going to catch itself around $700 and hold there for a while. Preev is listing it as $700 and going back and forth from there, so it looks like the trend is slowing around $700.

Keeping this in mind, it looks like some money is going to be going into this digital currency very soon. +$0.10 every few 1/2 minutes.
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October 29, 2016, 03:59:16 AM
 #31

The global appeal of bitcoin is on the rise and its being said that bitcoin transactions will more than triple in 2017, reaching 90 to 100 billion dollars. The way Bitcoin has consolidated in the last 30 months it is clearly evident that we are in for a steep price rise. Greater adoption of bitcoin through the last one year has been triggered by geopolitical factors, especially due to the fragile Chinese economy and the on going issues in Europe. This trend will continue through 2017 as well.
Bitcoin is perceived as a safe haven investment, akin to gold. The fervour around bitcoin will increase, more so with increased adoption of the blockchain technology around the globe. I definitely see the $2000 level being breached in 2017 if not more.
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October 29, 2016, 04:42:00 AM
 #32

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.
Something like that, I don't think it'll hit that low though.  The interest will definitely die down, and we'll wait for the next spike.  January is usually slow for bitcoin.
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October 29, 2016, 04:59:59 AM
 #33

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

$700 was broken today. now lets see how much more it is going to go up.
i say if it lasts for a while, then we can call this the new bottom replacing the old $600 bottom

On Bitstamp $777 is important to watch as it is the 61.8% retracement from the all time high to $152 low. Also the June 17 high so expect resistance.

[i m g]https://bitcoinnewsmagazine.com/wp-content/uploads/2015/08/bitstamp-btcusd-Oct-28-2016-23-44-36.png[/img]

For OKCoin watch the 5300 yuan level same 61.8%

[i m g]https://bitcoinnewsmagazine.com/wp-content/uploads/2015/08/okcoin-btccny-Oct-28-2016-23-52-31.png[/img]

zoom out more.

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October 29, 2016, 06:34:04 AM
 #34

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

I personally don't think it will go that high. My estimation is $750 as peak where after that the price will continue to plummet to just above the $600 level where it settles for the rest of this year.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.

You want to make things look worse than they in fact are. Do you seriously think with the activation of Segwit in sight, that the price will head that deep towards the South? Such prices will only happen if a major Chinese exchange gets hacked. That's when we might see the price dive below the $300 levels again. Without such scenario, we'll keep rising over a longer period of time.
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October 29, 2016, 07:27:36 AM
 #35

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


I think it's hard to make such kind prognose. If to speak about me  - i would like the price would not seems frozen on this level around 700$ like it was before, bitcoin jumped around 600$ for a month, Today when i have saved around 0.25 BTC I would like to it's price just grow non stop hehe I definetly don't plan to buy any bitcoins, My plan is continue making bitcoins on the internet with commenting and gambling.
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October 29, 2016, 07:54:07 AM
 #36

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.

That would be ideal ! and im already love that scenario !  with a 450$ish i would be fine...
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October 29, 2016, 01:44:34 PM
 #37

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.

That would be ideal ! and im already love that scenario !  with a 450$ish i would be fine...

LOL is this 2013 going to 2014?  I doubt this stuff will happen.  The reason is that bitcoin price had a slow steady growth that does not happen in the year 2013.  It was fast growth resulting to a huge price bubble that the buy wall can't support.  And at this point it is different.  Price growth is slow and steady with a good  buy suppor from the base users.

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October 29, 2016, 01:49:25 PM
 #38

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.

Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.

That would be ideal ! and im already love that scenario !  with a 450$ish i would be fine...

don't hold your breath. it's becoming less volatile over time. maybe that's because there hasn't been much demand, I dunno. I think it could go back to that if there was a massive overshoot over $1000, but other than that i'd be surprised if it went that low. maybe late 500s.
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October 29, 2016, 02:00:11 PM
 #39

If Bitcoin break $700. For how long it will stay above $700?
I feel like were going to be above 700 for a while now. maybe a couple months for sure. I just hope that when this bubble pops, it doesnt drop btc below like 700 again.

Price will rise until the end of the year, we'll see 900+. It won't go over 1000.
Price will crash in January 2017. Blood will flow in the street. We'll see 300, maybe 250. I did say blood will flow. In January 2017.

Thats a pretty good assumption in my opinion. I also think price is going to go up especially around christmas and drop after.
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October 29, 2016, 07:36:14 PM
 #40

You people are way too optimistic. How could that obvious pump stay as it is for more than half a year ?!
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