Bitcoin Price Update

I don't know, but I think around $200 if this is the correction to the recent sharp rise up.

I think the bottom of the correction will be at least $500 or $600. I'm wondering what's going on in China now, though. If it goes lower that means they are really cracking down, but that could backfire so it could be a great buying opportunity.
 
Hmmm...I can't seem to log into Coinbase, shortly after dropping below $800. Creepy.
 
Back in mid-March of this year the price was hanging around fifty bucks per Bitcoin. (ah, the good ol' days!)

By the middle of April, the price had spiked to over $230, and Bitcoin received it's first really big round of public attention. By the end of April, it had "corrected" back down to under a hundred bucks - around $75 at its lowest, I think. Then it bounced back up to the $110-$130 range, and seemed to hang there forever.

I remember wondering if the price would ever break $150 again. Yeah.

If Bitcoin corrects in a similar fashion (and yeah, there's no reason to think it will, I'm just sayin') then we could see a drop to the $400 range.

If it does.... ;)
 
I just sit and watch.

Buy some coins when I need to. Spend a little when the price goes up.

Sit back and watch some more.

:D
 
Back
Top