FXPIPTITAN1
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BitCoin Daily Chart

BITSTAMP:BTCUSD   Bitcoin / Dollar
189 2 2
BitCoin and it's investors, traders and fans would really like to see bitcoin go higher but it can't and here's why... The US dollar             is gaining strength across the board, the EU is about to embark on QE             , the Feds are ending QE             here in the states, plus the EU is about to get weaker due to the Russia-Ukraine situation and the biggest reason, bitcoin can't be consider a real currency at such prices, it must fall back down to Earth so that all citizens will be able and want to participant.

There's no real support below $449.20 until $332, then $200.00...
MoonTrader
2 years ago
Why 449.2 and not some other number? Why not 442?
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ezen
2 years ago
Your biggest reason is fundamentally flawed. There will only ever be 21 million bitcoin. In order for it to have a market cap big enough to support regular buying and selling of houses, transferring of large amounts of money, etc it will need a large price/BTC. The price/BTC is not a hindrance to consumers. It could be $2000/BTC and the consumer would simply buy less BTC in order to buy their computer parts or office furniture.

There are plenty of things BTC needs to prove to consumers but price really isn't one of them.
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