Prediction highest price bitcoin until the end of 2015?

[blackcoffee]

Recently, touching bitcoin price above $ 500, what you speculation that bitcoin will touch new highs by the end of 2015, let us talk about what your forecast and your speculation on the price movement bitcoin now until the end of the year?

[piebeyb]

Recently, touching bitcoin price above $ 500, what you speculation that bitcoin will touch new highs by the end of 2015, let us talk about what your forecast and your speculation on the price movement bitcoin now until the end of the year?

I can not make predictions, but I only see it going away and touched new highs around $ 600 + later this year

[DiamondCardz]

I don't think we'll go much higher than $400-500, if we do manage to pass the $400 barrier. If we do then it's probably just a sign of another bubble, which I don't personally want.

[piebeyb]

I don't think we'll go much higher than $400-500, if we do manage to pass the $400 barrier. If we do then it's probably just a sign of another bubble, which I don't personally want.

however well we just do an analysis and prediction, it could happen, I do not think nothing is impossible

let us look at it in the near future

[Windowly]

I think it kind of depends how quickly we can all switch to BitcoinXT. If there is a broader movement coalescing around that, I can see bitcoin start to take off.

[rogerver]

I think it kind of depends how quickly we can all switch to BitcoinXT. If there is a broader movement coalescing around that, I can see bitcoin start to take off.

I agree.
The sooner the scaling issues are settled, the sooner people will feel confident enough about the long term prospects of bitcoin to keep their money in Bitcoin.

I have a hard time imagining another huge run up until things are settled.

[Possum577]

I think we'll touch $400 at the absolute most.

My analysis is not scientific but I do have a background in technical stock analysis. The key is to lack at the history of the price movements (daily data points) and then look to find the next highest peak in price (looking backward through the chart.) That peak represents the next price point of resistance. You can be confident that we'll hit that peak again. And if we're able to push past that peak you look for the next resistance point (using the same look back process).

Looking at the last three months (on Coindesk) the next resistance point is $380-385 followed by $408. If we make it past $385 I think we'll be able to push to $400. What happens this week will determine what's possible for the rest of the month...we have momentum that's pushed the price up over $360, will it continue this week past $380?

We'll have to wait and see!

A lot of people are predicting hitting $500 (before the end of this year!) I don't think that's at all possible. The last time we were at $500 was August 2014! We have a lot of work to do before we get to that point.

[rogerver]

The last time we were at $500 was August 2014!

Actually, we hit $500 earlier this month:
http://bitcoincharts.com/charts/bitstam ... 10zm2g25zv

[robtmil]

$1000 - there's still time for a financial shock in December

[Possum577]

The last time we were at $500 was August 2014!

Actually, we hit $500 earlier this month:
http://bitcoincharts.com/charts/bitstam ... 10zm2g25zv

Wow, I didn't know that! Thanks for correcting me. The chart on Coindesk shows the highest price on Nov. 4th at $408.

[illgill]

~$450-$550 @ the end of 2016

[BitcoinNewsMagazine]

I think it kind of depends how quickly we can all switch to BitcoinXT. If there is a broader movement coalescing around that, I can see bitcoin start to take off.

If you recall back in late summer when Bitcoin XT was introduced bitcoin price did not respond well at all. Markets hate uncertainty and the possibility of a contentious hard fork in January 2016 did not sit well at all. As mining pools have made it clear in no uncertain terms that they will not switch to XT markets have reacted favorably. Bitcoin XT is DOA, markets know it and price action is again optimistic. I doubt we will reach $500 by year end but price could well be in the $400 - $450 range.



The Fibonacci 1.618 extension from the November 3 $502 high is $690 and that is my price target for second quarter 2016.

[vanilladev]

Well, we know this pump was caused by a chinese Ponzi. That's over so if the dead cat doesn't bounce then we have strong support ~250-300 USD level which is where miner profit is.

[blackcoffee]

The last time we were at $500 was August 2014!

Actually, we hit $500 earlier this month:
http://bitcoincharts.com/charts/bitstam ... 10zm2g25zv

it looks like it will touch a price above $ 400 in the near future, all of us here make predictions and analysis, I think it could happen

[piebeyb]

I think it kind of depends how quickly we can all switch to BitcoinXT. If there is a broader movement coalescing around that, I can see bitcoin start to take off.

If you recall back in late summer when Bitcoin XT was introduced bitcoin price did not respond well at all. Markets hate uncertainty and the possibility of a contentious hard fork in January 2016 did not sit well at all. As mining pools have made it clear in no uncertain terms that they will not switch to XT markets have reacted favorably. Bitcoin XT is DOA, markets know it and price action is again optimistic. I doubt we will reach $500 by year end but price could well be in the $400 - $450 range.



The Fibonacci 1.618 extension from the November 3 $502 high is $690 and that is my price target for second quarter 2016.

hahahaha it cool charts, I see it will touch the highest price this year, see my previous thread here

speculation/november-2013-2015-bitcoin- ... t2118.html