How much price will drop this week ?

[awakening]

Bearish here. I don't see 160 been broken, but 120 ? Yes.

[1715048247]

1715048247

[1715048247]

1715048247

[1715048247]

1715048247

[YoYa]

Not necessarily. If there is increased confidence in bitcoin by those who hold and mine them, such that they don't want to sell, the price will go up even with marginal inflow of fiat. We're all just collectively agreeing on price here, it could go to $10,000 tomorrow if there was (somehow) a consensus that that was the right price.

True, I was more thinking of the panic buying conditions recently experienced and the necessaries inflows required to keep inflating the price.

[arepo]

we'll probably consolidate between $120 and $160 for most of next week. both bulls and bears are wrong.

--arepo

[David M]

we'll probably consolidate between $120 and $160 for most of next week. both bulls and bears are wrong.

--arepo

Would you buy an iron butterfly at those strike prices (let's add $135 as the pivot)?

[BitcoinAshley]

Price of the USD will continue to drop, though not as fast as the price of the Japanese Yen. The Argentinian Peso will also continue to drop at its non-official yearly inflation rate of 20-30% and certainly not its official inflation rate of 10%. This is virtually guaranteed; no speculation necessary.

That's what you wanted to know, right? 

[ZephramC]

I think we will test BTC0.00667 again this week.

Wow BTC0.00667 per BTC? That's ~15000% profit per trade.

Oh I see, you want the price in USD. I'll rephrase:
We'll be testing $0.15 this week.

So you do not mind selling me some BTC for $0.16 at the end of the week? :-]

[superduh]

last week volumes were mostly extremely low.
noone was really jumping to sell or buy.
i vote to ban you if you are wrong just because your posts are extremely annoying and contribute absolutely nothing.
i rarely call for banning people but some do deserve it

[ZephramC]

i vote to ban you if you are wrong ...

I have just recalled one scene from Startrek. It was capitan Kirk saying: "As soon as we have democracy here, I will let you know." :-]

[fitty]

we'll probably consolidate between $120 and $160 for most of next week. both bulls and bears are wrong.

--arepo

Sounds like they'd both be right.

[nimda]

I think we will test BTC0.00667 again this week.

Wow BTC0.00667 per BTC? That's ~15000% profit per trade.

Oh I see, you want the price in USD. I'll rephrase:
We'll be testing $0.15 this week.

So you do not mind selling me some BTC for $0.16 at the end of the week? :-]

Well that depends. If we make it all the way up to $0.20, I obviously won't sell you any for $0.16.
We'll have to see.