Topic: 60 minutes and Bitcoin value jumped to $7,800 - page 4. (Read 596 times)
I think this 'Mati Greenspan' statement etoros-greenspan-wall-streets-building-bridges-to-bitcoin about wall-street will connect to Bitcoin that has one of reason this surge. As we seen, those whales need trigger to return the market and we hopes many good news about it will coming.
The downtrend was never going to last forever, there was always going to be a final bottom somewhere. Investors aren’t stupid, at some point big players think ‘this is cheap’ & pile in. The shedp follow & the price rise.
There have been large (free) groups over telegram claiming that they've shorted and that the value of bitcoins will drop to 6k before it starts it's rebound towards its new ATH journey. All those WHALES have had been watching these shorts and decided to kill this opportunity for them by injecting a lot of money in it, buying back and ending their leveraged positions into huge losses. But this, I believe, is not the end of bear trend yet and it'll surely come to 6k and maybe even lower for it to complete the double bottom pattern, and then it'll spike back hard giving those extraordinary returns to all the users who buy in at those times. Remember, this doesn't look like a time to leverage, so don't do it if you're not familiar with the risks involved. Though, I believe that predictions are becoming harder for everyone out there, take my suggestion with a grain of salt and decide with utter knowledge and patience.
so my guess was right, the stable price at $6800ish with a decent volume was in fact an accumulation phase where the smart money was buying bitcoin nonstop but without letting price go up so that to prevent anyone knowing the plans.
people who bought bitcoin for 6800USD each are surely saying "hooooray" right now instant 1000$ per bitcoin if they're going to sell it
this price jump is a jaw dropping and rare event i have not seen something like this before haha
the last one that i see that is spectacular was last year when bitcoin dips in the mid months then a big price jump at the end of month
this price jump is a jaw dropping and rare event i have not seen something like this before haha
the last one that i see that is spectacular was last year when bitcoin dips in the mid months then a big price jump at the end of month
After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise?
It's probably a large corporation buying in when they see the price lingering low. There's no reason for the price to go up so quickly and in such a magnitude besides someone buying a load of it. Essentially, people might be bringing some light back into it because there's been such a long while of lingering around. The price being stuck in the same area wasn't exactly a bad thing for bitcoin, it just offered some time for the markets to stabilize a little bit.
After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line.
that was just a 10-15% rise which is not that big a deal for bitcoin and by the way it broke the resistance line then it went up fast because of that.Quote
Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800.
you have no reason for saying that apart from making a random guess. the fact is there is no indication of such drops coming and this rise is not even big enough to bring bitcoin back to its real price (>$10k).
Many investors have predicted that the value of bitcoin will grow strongly by the end of the year and this is really happening. I think bitcoin is starting with strong growth again. bitcoin will not stop at $ 7800. Prices continue to rise in the next few days.
It sounds like you have a pretty negative outlook on the future of Bitcoin. You simply say that you believe it will sink below $6,800 without providing any reason why you believe this to be the case. My guess is that nobody knows what is going to happen and so this discussion is rather vapid. Price jumps in Bitcoin normally happen at the drop of a hat. They are extremely quick, and if you step away for a sandwich before checking the price again you may have missed the biggest opportunity of a lifetime. This is nothing out of the ordinary and I would expect to see more jolts in price, whether they be upwards or downwards.
You should make a Song Cover of "Should I Stay or Should I Go?" and replace the chorus with "Will it Sink or Will it Rise?", that might be a catchy jingle if you really put your heart into it. I wouldn't rely on what anybody is going to tell you, but my own personal opinion is : Rise. Look at any long-term chart of Bitcoin and you'll notice that it's been trending upwards forever, without flaw. Don't be concerned when Bitcoin drops below it's ATH or has a tough patch, simply consider those times a good time to buy some extra coin and HODL.
You should make a Song Cover of "Should I Stay or Should I Go?" and replace the chorus with "Will it Sink or Will it Rise?", that might be a catchy jingle if you really put your heart into it. I wouldn't rely on what anybody is going to tell you, but my own personal opinion is : Rise. Look at any long-term chart of Bitcoin and you'll notice that it's been trending upwards forever, without flaw. Don't be concerned when Bitcoin drops below it's ATH or has a tough patch, simply consider those times a good time to buy some extra coin and HODL.
Countdown for more pumping....
Yesterday, bitcoin rose in value to $ 7,800, but then again dropped to $ 7,000. Today I went back to see his course this morning and, according to CoinMarketCap, its cost today is again $ 7,810, while bitcoin again increased by more than 12 percent. This is a good indicator of the price growth of bitcoin, it no longer stands still and it is possible that in the near future we will have a pleasant surprise about the course.
I just managed to buy bitokoyn for 6800 and the market immediately turned around. I was happy the market seemed to be waiting for me) !! Although I think that by 7800, too, you can safely buy
After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise?
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