the price of bitcoin is dumping, looks like it's hard to increase high for bitcoin, but I still believe the potential of bitcoin it will skyrocket soon before end of this year.
We couldn't lift such possibility but I think it never do skyrocket this year. We only have little chances of having an uptrend motion in the 3rd quarter and yet, we are still drowning hard. It could our trust and faith into crypto help bring things alive. 
Topic: Bearish again? (Back at $5500) - page 2. (Read 2390 times)
I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet.It is not about creating FUD, it is just something that is simple and plain. The demand so far sucks, and this is because of the mindset people have over just getting rich overnight, and with less concern of the major benefit they stand to gain in making use of it for transactions, and hence, has increased the speculative nature of the market.
As far as I can see, this market is not done with the downtrend, and there could still be lower lows to come.
Hopefully you're wrong. Though it seems that going close to the 5k level is also quite farfetched right now since btc is showing resiliency amidst this bear market. I personally think we've already bottomed at 5.8k this year
I don't think that will happen again and maybe this has begun to enter conditions for price increases or recovery in bitcoin prices.
I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet.It is not about creating FUD, it is just something that is simple and plain. The demand so far sucks, and this is because of the mindset people have over just getting rich overnight, and with less concern of the major benefit they stand to gain in making use of it for transactions, and hence, has increased the speculative nature of the market.
As far as I can see, this market is not done with the downtrend, and there could still be lower lows to come.
When Bitcoin starts to rise and reaching $7,000 it feels very heavy and slow movement, but when price are starting going to fall, breaking support $7,000 and $6,000 are seems to be easily. If you want prices having skyrocketing again, then those who whales hold Bitcoin in big amount don't manipulated the market, so we can together makes Bitcoin can reach a minimum of $10k by the end of this year, otherwise bearish will remain a trend.
The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
The current situation looks very despair no confidence in the market at all. And now we are looking forward to the catalyst of CBOE's ETF in late September other than that situation is quite worst. So yes we may see some spike in the prices in the mid-September and then a slump again if ETF is extended again which is more likely to happen.
Better if the question will be when will bearish will stop? Because it did not stop and come back again but the bearish market is just still in effect at this moment. Hopefully it will be over soon because if the bullish market will not start them i'm afraid many will leave this investment in dismay.
Its a huge disappoinment to all investor if bitcoin price will decline more, many of us expect that bitcoin will reach the highest peak before to end of this month ,but it seems not to happen based on the current risky scenarios. Thus, we still have 4 months to acquire and fullfill the satisfaction amount of the asset.
Better if the question will be when will bearish will stop? Because it did not stop and come back again but the bearish market is just still in effect at this moment. Hopefully it will be over soon because if the bullish market will not start them i'm afraid many will leave this investment in dismay.
I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet. I'm thinking $ 6000 already is the current hard support. Bitcoin will return to $ 10,000 in September. A lot of technical analysis is geared towards that
Bearish trend is currently existing in the market and we should not sell right now will be a foolish decision ever if you proceed for selling. Better decision is to invest more in the Bitcoin so that we have more coins in our wallet for we are looking to make huge or maximum profit in high market. High market is not far as it has taken too long to convert into bullish but we have to think for benefit only and the current benefit is to buy more.
this year there was not a flexible exchange at the markets. I lost hope now that it's starting levels. max. It is traded at the level of $ 9,000 for the end of the year. For ether, max. It will be $ 900 - $ 1,100.
It's very hard to say anything for 2019.
It's very hard to say anything for 2019.
I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
the price of bitcoin is dumping, looks like it's hard to increase high for bitcoin, but I still believe the potential of bitcoin it will skyrocket soon before end of this year.
As many people as many opinions about Bitcoin price movement, but I'm with those people who believe that we already reached the bottom of BTC price.
Even if this time BTC price went till the bottom again, the price may dip a little to below $6,000 but it will rebound to $6,500 and goes up more.
Even if this time BTC price went till the bottom again, the price may dip a little to below $6,000 but it will rebound to $6,500 and goes up more.
The trend for bitcoin shows that the price will not go that low for a long time and maybe even never again. That is the power we have, the bitcoin price was around at $7k+ lately and now dropped to $6.4 levels one day, I am not against that and I won't be shocked if that ever happens but fortunately for us the price is high enough that even at $7k we were talking about the bull run and how far it will go so I do not think the price will go back to $5.5 levels ever again.
The lowest it reached was $5.8 levels and even there it didn't stayed too long and it went up right away so I think it won't even hit that $5.8 levels neither. We are at a place where the bitcoin price found the bottom and that is around $6.4 levels.
The lowest it reached was $5.8 levels and even there it didn't stayed too long and it went up right away so I think it won't even hit that $5.8 levels neither. We are at a place where the bitcoin price found the bottom and that is around $6.4 levels.
I'm thinking $ 6000 already is the current hard support. Bitcoin will return to $ 10,000 in September. A lot of technical analysis is geared towards that
Bearish trend is currently existing in the market and we should not sell right now will be a foolish decision ever if you proceed for selling. Better decision is to invest more in the Bitcoin so that we have more coins in our wallet for we are looking to make huge or maximum profit in high market. High market is not far as it has taken too long to convert into bullish but we have to think for benefit only and the current benefit is to buy more.The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
For prices to skyrocket, I don't think it will be in the current year, and my prediction of the market will continue to be bearish until the end of the year is only a slight surge and again decline.I hope this will be a gap for investors to buy coin coins at this declining price, and start not to sell because everyone wants next year there is a market change to bullrun and not to continue to be bearish
The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
The current situation looks very despair no confidence in the market at all. And now we are looking forward to the catalyst of CBOE's ETF in late September other than that situation is quite worst. So yes we may see some spike in the prices in the mid-September and then a slump again if ETF is extended again which is more likely to happen.
The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
Bitcoin price has been moving side ways for the past few days. It may dip a little to below $6,000 but it will rebound to $6,300 and move side ways again. Day traders can make a lot of profits for this price movement specially those who are very much familiar with charts. But for us holders, lets just wait for the end of Chinese Ghost month and lets observe if price will jump back to $8,000 or perhaps back to 5 digits again. 
there's obviously a real battle for the $6000s between bulls and bears. most people around here seem to assume the bottom is in, which makes me weary. i'm still refraining from trading right now. the market is still threatening a lot of weakness, and after so much downside, i'm only looking for buying/longing opportunities. i've got my fingers crossed that we start curving upwards and showing support into dips, but......i'll wait and see. 
Bitcoin price is trading between 6000$ and 7000$ for a long time. in fact at that level the investors are not reluctant to invest their money in bitcoin at that level, they know that the current price is the lowest price for bitcoin and therefore there are very little chances that bitcoin rice will break that level very easily. but remember, that logic goes both ways. bears are obviously not reluctant to sell down here either.
bulls are not letting price below the $5500-$6000 area. but the bears are also not letting price above any previous high. we're stuck in a pattern of lower highs. as i see it, the $6000s is still a real battle zone. price could really go either way here.
there's obviously a real battle for the $6000s between bulls and bears. most people around here seem to assume the bottom is in, which makes me weary.
We can't keep testing the $6000 mark endlessly. It will break by the next one or two attempts, especially if the decline is fueled by yet another couple of ETF rejections which people seem to go nuts on.agreed, we can't keep testing it. the support will eventually break if it keeps getting hammered. bulls need to make a move relatively soon.
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