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RE: I think I've figured out what's going on with Bitcoin Prices - please read.

in #bitcoin8 years ago

Yeah it seems like this move has stalled so not sure where it stabilizes. I don't think there will be a quick rebound before leveling out some more. Maybe leveling out at 570 to 610 or so for a couple weeks is my guess at the moment.. I guess it's back to reading tea leaves..

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Actually I think if the downswing continues it could go back towards around $460 or so too...that's a possibility before leveling off for a few months and possibly making another move. IMO At this stage I don't think the halving will have much more of an impact.

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