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A reset is required for further bullish movement, now we are in a bullish market and we need a correction period cause to accumulate a new higher price we must need to break the downtrend line first, If we can't break the downtrend line, the price can't go above 10,000
This could be the price topping out but I'm waiting to see where the low for this first 12 hours of 1st June is going to close. I guess it wont do anything dramatic but could be a bias downwards for this moment, needs to break a trend to move more then a little.
Price below 2 day average, lets get a low close below the 28th low to see more then that.
Price below 2 day average, lets get a low close below the 28th low to see more then that.
We know the answer, it's volatility makes bitcoin very unpredictable, if we see it pumped and break the $10k resistance, it doesn't mean it will continue to skyrocket, it could still dump and then the hype will be gone. Therefore, just be ready in any situation and make sure you benefit on the price volatility of bitcoin, we have pass the bull run and that time it wakens up the mind of the people and draw some doubts to them, so they will not just easily get FOMOd even if bitcoin will have a significant increase.
As I was saying, be ready and try to benefit on its volatility by learning short term trading.
As I was saying, be ready and try to benefit on its volatility by learning short term trading.
Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28.
The Crypto Fear and Greed Index shows that within the last two weeks traders’ sentiment has shifted from ‘fear’ to ‘neutral’.
The daily chart shows that Bitcoin price has pushed above the lower trendline of the former ascending channel and the price is meeting some resistance at the VPVR high volume node at $9,675.
So what's next for Bitcoin? How do you think?
The next rather for bitcoin is reaching $10k and it it reaches this mark and also holds this price for some time without going back to $9k levels, then we can say that the resistance has been broken successfully and now we are heading towards moon. This price range in which bitcoins is currently present is very critical for the upcoming months of bitcoins, if bitcoins looses grip then we can surely see $5k to$7k range again. The Crypto Fear and Greed Index shows that within the last two weeks traders’ sentiment has shifted from ‘fear’ to ‘neutral’.
The daily chart shows that Bitcoin price has pushed above the lower trendline of the former ascending channel and the price is meeting some resistance at the VPVR high volume node at $9,675.
So what's next for Bitcoin? How do you think?
Quote
We do not have the momentum right now to be 12k or 15k, it looks like price stabilized a bit right now and not doing anything, which means we are going to have harder time to go too high, but what we can achieve is get that momentum, if we can get the momentum the price point of 12k is not too far out for us.
We could do it by first going above 10k, it is very close right now and wouldn't take too much money, when we move above 10k people will realize we are on another bull run and they will get in too, and the sellers will realize they could remove their orders and put it on 12k to sell for higher as well which will make it going there easier. It is not rocket science, we could do it, but it is going to get that first initial increase which requires a ton of money to start, rest is easy.
We could do it by first going above 10k, it is very close right now and wouldn't take too much money, when we move above 10k people will realize we are on another bull run and they will get in too, and the sellers will realize they could remove their orders and put it on 12k to sell for higher as well which will make it going there easier. It is not rocket science, we could do it, but it is going to get that first initial increase which requires a ton of money to start, rest is easy.
I'm watching closely the market movements everyday but I didn't see good for bitcoin. Its price still in the sideways, ranging from $8.5k tp closely $10k.
If that we can surpass $10k barriers, I have to think for a bullish. But trying to figure out the current Bitcoin resistance, it is still low.
Now we are hoping for a change in the 3rd quarter and looking forward to the 4th quarter 6 months after halving.
If that we can surpass $10k barriers, I have to think for a bullish. But trying to figure out the current Bitcoin resistance, it is still low.
Now we are hoping for a change in the 3rd quarter and looking forward to the 4th quarter 6 months after halving.
this IS good for bitcoin and it shows a much healthier market when price is stable like this. it shows bitcoin is going through all different stages of correction, accumulation, rally,... since you can't just expect it to continue to go up every day, that wouldn't be a healthy market at all.
what's next is more sideways for a while until accumulation is finished and then the slower rise to probably test $10k at least twice before breaking it followed by a FOMO and the rally starting.
I don't see the signs of healthier market like you've said. Price is fluctuating all the time and slight corrections are here all the time. Although from time to time seems that price is heading slowly towards 10000$ I think that barrier will be hard to break.Maybe we'll see 10000$ at the end of the June but that will not last for long.
It's hard to envisage what's comming next for Bitcoin, it's a period where all scenarios, good and bad are possible.
I'm watching closely the market movements everyday but I didn't see good for bitcoin. Its price still in the sideways, ranging from $8.5k tp closely $10k.
If that we can surpass $10k barriers, I have to think for a bullish. But trying to figure out the current Bitcoin resistance, it is still low.
Now we are hoping for a change in the 3rd quarter and looking forward to the 4th quarter 6 months after halving.
If that we can surpass $10k barriers, I have to think for a bullish. But trying to figure out the current Bitcoin resistance, it is still low.
Now we are hoping for a change in the 3rd quarter and looking forward to the 4th quarter 6 months after halving.
this IS good for bitcoin and it shows a much healthier market when price is stable like this. it shows bitcoin is going through all different stages of correction, accumulation, rally,... since you can't just expect it to continue to go up every day, that wouldn't be a healthy market at all.
what's next is more sideways for a while until accumulation is finished and then the slower rise to probably test $10k at least twice before breaking it followed by a FOMO and the rally starting.
My quick advice for everyone; try to look at your higher timeframe on your chart.
It is clearly bullish for Bitcoin in midterm - longterm. One of the reasons why Bitcoin started to pump few days ago I think it is also the monthly close candle. For me, if we will close on monthly candle above $10,000, it is very good news and I am bullish for mid-term.
It is clearly bullish for Bitcoin in midterm - longterm. One of the reasons why Bitcoin started to pump few days ago I think it is also the monthly close candle. For me, if we will close on monthly candle above $10,000, it is very good news and I am bullish for mid-term.
Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28.
The Crypto Fear and Greed Index shows that within the last two weeks traders’ sentiment has shifted from ‘fear’ to ‘neutral’.
The daily chart shows that Bitcoin price has pushed above the lower trendline of the former ascending channel and the price is meeting some resistance at the VPVR high volume node at $9,675.
So what's next for Bitcoin? How do you think?
Fropm Fear to neutral so maybe we will expect the next is "Better'/ and investors will start purchasing again.The Crypto Fear and Greed Index shows that within the last two weeks traders’ sentiment has shifted from ‘fear’ to ‘neutral’.
The daily chart shows that Bitcoin price has pushed above the lower trendline of the former ascending channel and the price is meeting some resistance at the VPVR high volume node at $9,675.
So what's next for Bitcoin? How do you think?
Quote
Things will happen positively this next quarter as the virus effect is subsiding now,the market will Light again.
so what is next For Bitcoin?that is Bull Running.
For ordinary people who own bitcoin wants to see bitcoin price increase higher after the price is down, that is for sure 
And that will be the same as what the traders want. They will like to see bitcoin price go up and down many times so they can make a profit from the gap in the price. And now, the price gets a green candle for a moment which can give a chance to the price to increase and break $9,500 even though we don't know if the price can break another high price or not.
But for people who use bitcoin for a long term investment, they will not bother for what next for bitcoin because they don't have a plan to sell the bitcoin in a short time.
And that will be the same as what the traders want. They will like to see bitcoin price go up and down many times so they can make a profit from the gap in the price. And now, the price gets a green candle for a moment which can give a chance to the price to increase and break $9,500 even though we don't know if the price can break another high price or not.
But for people who use bitcoin for a long term investment, they will not bother for what next for bitcoin because they don't have a plan to sell the bitcoin in a short time.
Very general trend line I'd like to see break before calling this current move bearish especially. We could get a good pullback to 200 day average or even this weekly average, a proper move. But recently its just been in a loop not doing much, both sellers and buyers finding an amicable agreement in prices around here.
The recent lows are about the yearly average, if we could trade below that pricing for 4 hours or a day even then we can progress into more shifting medium term picture. Upwards of course theres the old volume from the last year, slow and steady might get through that.
These small price movements, does it really matter?
I mean, the market sentiments could shift from good to bad and vice versa, thus giving us hints to speculate on which way Bitcoin goes in the next few hours, days, months, and years. But, in reality, this still remains speculation. What really matters is the adoption for Bitcoin to continue to grow as well as the price value in the long run.
Then I can say, the next thing for Bitcoin is going to be overwhelming.
I mean, the market sentiments could shift from good to bad and vice versa, thus giving us hints to speculate on which way Bitcoin goes in the next few hours, days, months, and years. But, in reality, this still remains speculation. What really matters is the adoption for Bitcoin to continue to grow as well as the price value in the long run.
Then I can say, the next thing for Bitcoin is going to be overwhelming.
So what's next for Bitcoin? How do you think?
What's next? we can speculate what we want to say like, it will keep the sentiment and stay to the stable prices that it has for the past few weeks. Volatile as it is and will remain to be like that but there's this speculation that I've read.
Whenever bitcoin reaches a new all time high, the volatility will become lower and price will become more stable. I just heard it somewhere and that's how some think of what's next for bitcoin. Needless to say, bitcoin won't change as a decentralized crypto and adoption is growing which is favorable for everyone.
Whenever bitcoin reaches a new all time high, the volatility will become lower and price will become more stable. I just heard it somewhere and that's how some think of what's next for bitcoin. Needless to say, bitcoin won't change as a decentralized crypto and adoption is growing which is favorable for everyone.
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Fear only lies on those People that don't want to invest for long time ,Because there are so many hindrancein this market and interference of Whales which always brings the bad
character in this crypto market.
In the market there must be manipulation, especially in crypto called whales that can control the market so many are reluctant to stay longer in crypto because of the fear they feel to date.
Crypto market liquidity is quite high but still they do not want that character to happen again.
Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28.
The Crypto Fear and Greed Index shows that within the last two weeks traders’ sentiment has shifted from ‘fear’ to ‘neutral’.
The daily chart shows that Bitcoin price has pushed above the lower trendline of the former ascending channel and the price is meeting some resistance at the VPVR high volume node at $9,675.
So what's next for Bitcoin? How do you think?
Fear only lies on those People that don't want to invest for long time ,Because there are so many hindranceThe Crypto Fear and Greed Index shows that within the last two weeks traders’ sentiment has shifted from ‘fear’ to ‘neutral’.
The daily chart shows that Bitcoin price has pushed above the lower trendline of the former ascending channel and the price is meeting some resistance at the VPVR high volume node at $9,675.
So what's next for Bitcoin? How do you think?
Quote
in this market and interference of Whales which always brings the bad
character in this crypto market.
But for my personal opinion,this growth is just a part of another temporary hype and nothing is coming to
reality of bullying .maybe what we need to learn now is how to
go with the flow as the trend will surely in this kind until the last quarter because there are some news that
the Vaccine for the corona virus will be started and if this make
a good way for the economy to increase again?then the crypto market will follow and we
will see another great flow again.
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