Topic: Bitcoin back to 8k$!! Is this recovery or a trap? - page 3. (Read 609 times)
I personally don't think that it's a trap. There are a lot of US investors likely getting into crypto with their tax returns. Tax day is upon us and those who have to pay may be trying for a quick buck and are buying in now. The market as a whole looks bullish and I'm glad to see it.
Bitcoin has enormous numbers of unreasonable increases since its existence.. Does this alarming on my perspective,, no and that just my observation.. What matters for me is the impact of an increasing value to the investors positive attitude toward cryptocurrency..
Enough of why and how because negativity is too much in the past few months and now is the time to chill out for a while and celebrate..
Enough of why and how because negativity is too much in the past few months and now is the time to chill out for a while and celebrate..
Its a trap , bitcoin will still remain at this price or maybe will drop and then will grow up again but now bitcoin will remain at his present price . it is always been like this , at the beginning of the year bitcoin its dropping and in the course of the year he is growing and dropping and after this at the end of the year he is growing up a lot . Bitcoin will grow maybe to 10k $ and then will fall again to 8k$ and at the end of the year he will grow up a lot , he will grow to 25k $ .
bitcoin at 8,100 USD right now and it is getting better.
i think this is a good indication that BTC is getting back now and gaining more holder after so much of suffering.
This is not a trap like before you can have it now.
i think this is a good indication that BTC is getting back now and gaining more holder after so much of suffering.
This is not a trap like before you can have it now.
According to me if had been a trap downward trend in prices should have been accompanied by now but it's not so it might be due to correction period being over and we are heading towards bull run as prices increased by $1200 within few hours and huge investment was made yesterday which certainly boost uo the prices so we will surely see $15k soon.
It seems that this is not a trap because we can conclude that the big pump yesterday is one of the big investors who go to invest bitcoin and until now bitcoin prices still increase even though not as big as yesterday, we can imagine the investor will not want to lose if only intend to make bulltrap. and I think everyone here hopes that rising bitcoin is a positive thing not just for bulltrap.
No one can predict which way the price of Bitcoin will go in the next month but in the long term it will go up. As we head closer to the 2020 halving, the price will rise to adjust for that halving. Miners are not mining for free.
Though some indicators are in the positive, some indicators like MACD and EXP are still negative so be careful out there.
For those that are looking to make a quick buck, sell out now and take your profits because there is no guarantee, it will not go back down to 7k or less.
Though some indicators are in the positive, some indicators like MACD and EXP are still negative so be careful out there.
For those that are looking to make a quick buck, sell out now and take your profits because there is no guarantee, it will not go back down to 7k or less.
I hope its a recovery.
We had several traps that I even lost count.
We had several traps that I even lost count.
Just some good news from big people:
http://bitcoinist.com/bitcoin-price-will-hit-250k-2022-tim-draper-sets-2018-prediction/
We are only in the beginning of crypto becoming and more and more people will be use crypto year by year. So, just HODL and buy more, guys
I noticed good news has spreading about bitcoin and I hope this is the start of recovery phase for bitcoin. Yes for those who did'nt buy some btc they still had the chance to invest now while were not yet in ath price. Quote
BITCOIN PRICE WILL HIT $250K IN 2022: TIM DRAPER SETS PREDICTION
http://bitcoinist.com/bitcoin-price-will-hit-250k-2022-tim-draper-sets-2018-prediction/
We are only in the beginning of crypto becoming and more and more people will be use crypto year by year. So, just HODL and buy more, guys
Just some good news from big people:
http://bitcoinist.com/bitcoin-price-will-hit-250k-2022-tim-draper-sets-2018-prediction/
We are only in the beginning of crypto becoming and more and more people will be use crypto year by year. So, just HODL and buy more, guys
Quote
BITCOIN PRICE WILL HIT $250K IN 2022: TIM DRAPER SETS PREDICTION
http://bitcoinist.com/bitcoin-price-will-hit-250k-2022-tim-draper-sets-2018-prediction/
We are only in the beginning of crypto becoming and more and more people will be use crypto year by year. So, just HODL and buy more, guys
I don't this is a bull trap. IMO, this looks like tons of new money entering the Bitcoin ecosystem (+20% increase in the price is no joke, that's a lot of money), probably people trying to trigger the next bull run or just investors going FOMO. But we need to stay above 8k for a few days in order to dismiss the bull trap theory. So far, there are no signs of stopping, the price keeps going up, 8200 at the moment, probably 8300 in the next 4 hours... this is looking good, at least short-term.
Personally, I am hoping that Bitcoin is already on its way into good recovery since we are now in the 2nd Quarter of 2018 and Bitcoin hodlers are already getting tired waiting for the silver lining to come into their weary hearts and minds. Frankly speaking, nobody can truly predict if this is already the recovery we are waiting for or just another bad trap. I am just hoping that profit-taking will not be voluminous this time that can possibly push the value down again.
if we saw any signs of dropping back down after the big rise then it could have meant a bull trap and a temporary rise but as you can see what happened in the past nearly 2 days was that price went up fast to above $8000 then the panic sell/correction began where price came down to $7700 ish and then from there it started rising back up again and it is currently at $8150.
this trend is only showing rise with a lot of money coming in. it may not be a 100% foolproof rise but it is 90% sure at least!
this trend is only showing rise with a lot of money coming in. it may not be a 100% foolproof rise but it is 90% sure at least!
No, I'm sure this is not a trap. The market will actually recover in May so I'm pretty sure, if that's true then now is the right time for the rising market and probably will keep remembering until it reaches the top point at the end of mei, maybe.
The top point at the end of may is very optimistic. I don't. The upper point will not be reached until autumn. Until that time we are waiting for growth. Although the appearance on the market of such speculators as Soros can significantly change the behavior of prices. But the General trend towards growth can not break even Soros. 
No, I'm sure this is not a trap. The market will actually recover in May so I'm pretty sure, if that's true then now is the right time for the rising market and probably will keep remembering until it reaches the top point at the end of mei, maybe.
Well Yesterday I said in one of my comments that the bullish move of bitcoin from 6700$ to 8000$ in just a few minutes is shocking and thus we must be careful since it could be temporary and could be a trap. But until today there is no sign yet of bitcoins value going down and it still continued to increase at is already at 8k+$.
But I just noticed something, the more the price of bitcoin gets higher the more volume of btc goes in the exchanges especially in bitfinex from 74k bitcoin it climbed up to 96k bitcoin. This is a sign that more and more people are getting into bitcoin and the question is can we be confident already that this bullish move will continue or it is just a trap?
But I just noticed something, the more the price of bitcoin gets higher the more volume of btc goes in the exchanges especially in bitfinex from 74k bitcoin it climbed up to 96k bitcoin. This is a sign that more and more people are getting into bitcoin and the question is can we be confident already that this bullish move will continue or it is just a trap?
Bitcoin had huge potential and this is cause of bitcoin price raise now.I had seen in crypto news,bitcoin price will increase more than 14k$ by the end of this month.If you had any bitcoin in your wallet,just hold it till the end of this month.Then you will get more dollars for the same bitcoin.And this is the time to hold your bitcoin.
Well Yesterday I said in one of my comments that the bullish move of bitcoin from 6700$ to 8000$ in just a few minutes is shocking and thus we must be careful since it could be temporary and could be a trap. But until today there is no sign yet of bitcoins value going down and it still continued to increase at is already at 8k+$.
But I just noticed something, the more the price of bitcoin gets higher the more volume of btc goes in the exchanges especially in bitfinex from 74k bitcoin it climbed up to 96k bitcoin. This is a sign that more and more people are getting into bitcoin and the question is can we be confident already that this bullish move will continue or it is just a trap?
But I just noticed something, the more the price of bitcoin gets higher the more volume of btc goes in the exchanges especially in bitfinex from 74k bitcoin it climbed up to 96k bitcoin. This is a sign that more and more people are getting into bitcoin and the question is can we be confident already that this bullish move will continue or it is just a trap?
As long as we don't break 12k with some significant buying pressure/volume I see no reason to be euphoric to be honest.
Margin traders are playing their gamers at the moment. Yesterday the shorters got rekt. In a few weeks it could be the longs again who will have to bleed.
So I wouldn't care so much about the price at the moment if you're not a trader. Do something else in the meantime.
can we be confident already that this bullish move will continue or it is just a trap?
Yes, we must be confident at this moment since it had showed more than 12% pumped. If this is a trap, it will basically go down before this pump happened. Trust those predictors who are saying good things about bitcoin and they are helping everyone to raise the value of bitcoin. The increase of volume in exchanges are the proof that it isn't a trap if it's a trap then you are just giving yourself something to think of and cause you a stress.
It's a response to international events (war in Syria). Gold prices are rising too at the moment.
I think we now know what moves bitcoin - crises, It's the digital gold. That means that if things calm down again, the price will drop back again.
I think we now know what moves bitcoin - crises, It's the digital gold. That means that if things calm down again, the price will drop back again.
Personally, I am hoping that Bitcoin is already on its way into good recovery since we are now in the 2nd Quarter of 2018 and Bitcoin hodlers are already getting tired waiting for the silver lining to come into their weary hearts and minds. Frankly speaking, nobody can truly predict if this is already the recovery we are waiting for or just another bad trap. I am just hoping that profit-taking will not be voluminous this time that can possibly push the value down again.
I think it could be a trap. that is just used to squeeze the short. If the price is kept above $800 for a few weeks, then it will be a turn of tide.
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