Topic: Bitcoin Continues to Consolidate As Volatility Reaches Lows of 2018 (Read 230 times)
October 06, 2018, 05:22:20 AM
If larger groups are trying to control the market, you have to think that they will start trying to transfer it sooner rather than later. Reducing fluctuations is the key to successful bitcoin. 2019 will be the year of mass adoption. I think it has pros and cons. I think I agree with what this topic suggests that Bitcoin is on the way to higher prices since all it's about is consolidation around $ 6,500. tick.
October 03, 2018, 04:34:09 PM
Thinking that we'll turn bullish only because we've been in a bear market for so long is quite naive. We had a fake consolidation in 2014 which turned into a continuation of the bear market in 2015 so this is still possible now but it would have to happen soon. 1 more month of sideways trading and the window for a bearish continuation will close.
The bearish market is still continuing, it's not that it's going to potentially continue in a month or more, it hasn't stopped. just because the current month has been less bearish than others doesn't mean we're out of the trend. Even if the next month is a 10% market increase the overall trend would still be bearish.
October 02, 2018, 10:45:29 AM
Thinking that we'll turn bullish only because we've been in a bear market for so long is quite naive. We had a fake consolidation in 2014 which turned into a continuation of the bear market in 2015 so this is still possible now but it would have to happen soon. 1 more month of sideways trading and the window for a bearish continuation will close.
October 02, 2018, 10:42:44 AM
Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?
https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018
I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
everyone thinks that the bullish market is tomorrow. People saying that in march were saying tomorrow, same goes for april, may etc. Prices will grow, no need to worry, we just don't know when. Let's stop persuading ourselves we do https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018
I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
October 02, 2018, 10:35:04 AM
There were a lot of positive news in the market last year which lead to a bullish market. The sudden price surge grabbed many investors' attention and this lead to a further increase in price making a bubble which when popped, took away many with it. The dump was necessary for bitcoin's price to become stable. Now that the price has become stable, we can expect BTC to grow steadily.
With the widely publicized crash people will now be a lot more weary when investing in bitcoin and that should mean we largely end up with well researched investors who understand bitcoin's potential instead of people hoping to get rich overnight. That's a stronger platform for bitcoin to grow off of than anything we've had before.
October 02, 2018, 10:10:34 AM
Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?
https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018
I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018
I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
This is totally the bottom. I think it won't further go down than this and would anytime to be in a bullish trend. But if it really goes down then maybe there would be a huge problem.
October 02, 2018, 09:36:23 AM
I don't trust the news outlets that spew a lot of garbage out to make us think and act in one way, while the market makers go the opposite way. When they say the market is bullish it means the whales are ready to put in a lot of shorts on Bitfinex and trash the CMC right down 20 Billion or so and all the little fish start to capitulate. I DO believe though that the technology is here to stay and mass adoption and investment form larger Entities, corporations, Institutions, and retail investors are all going to come in over the next three years or so. When the next bull run though will come, Only the Insiders know that. For now, if you have spare FIAT just load up on Bitcoin and some other solid projects while the prices are still low. If I had spare funds, that's what I would be doing right now.
October 02, 2018, 09:28:20 AM
There were a lot of positive news in the market last year which lead to a bullish market. The sudden price surge grabbed many investors' attention and this lead to a further increase in price making a bubble which when popped, took away many with it. The dump was necessary for bitcoin's price to become stable. Now that the price has become stable, we can expect BTC to grow steadily.
October 02, 2018, 09:19:29 AM
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
it is very possible that we keep on seeing the same trend of consolidation continue until the end of the year. as I always say, in this market sometimes what people expect out of the market will become the very same thing that happens. this year despite all the evidence people continued comparing this bear market with the bear market back in 2014 and expected it to be a long one so much that eventually it became long and this expectation is currently keeping them from coming back to the market and investing, they are mainly waiting for some sort of signal to start buying.
October 02, 2018, 03:10:56 AM
I don't much interested about the fourth quarter of this year because I believe that there will be nothing new is going to happen in the remaining days of this year but I hope this is the flat market days expected to have more investors when it has enough stability on the prices for a while now at that time the bull run will begin and will go for another new all time high and the cycle will keep repeat N number of times.
The market is uncertain and unpredictable. But there has been nothing in the past few weeks to suggest that the market would recover in the final quarter of the year.
This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.
ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.
October 02, 2018, 03:02:27 AM
Perhaps a higher base price at the end of the year is what really matters at this point. Right now, there are no indicators that we will be having a bullish movement on the last quarter of this year, though it's never too late to keep the hope down already since we know how fast everything changes in crypto. I just wouldn't be counting on it too much knowing that it's not always time for profit and it's just a year after the last ATH and the market needs to accumulate first.
October 01, 2018, 11:30:23 PM
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
the consolidation was a pretty interesting thing so far. we have reached the bottom at $6k and then stayed there for quite a long time and despite all the drama and the small rise and falls, price is pretty much the same. i would say we are going to see the rise start soon but i still don't think it will be a big FOMO buy rise to the moon yet!
ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.
it is not just that, it is also the fact that SEC rejected so many of them and has postponed a lot more that people stop caring about what will be their decision about bitcoin. at some point people were mostly interested because they thought ETF will be the savior which will make the price rise and make them rich. they give up on that too. 
October 01, 2018, 04:22:55 PM
I think I agree with what this thread is suggesting that Bitcoin is on its way to greater prices since all its been about recently is consolidation around the 6,500$ mark. Its time to step it up if there is going to be another bull run this year.
October 01, 2018, 04:20:24 PM
i think it has pros and cons . its too early to predict something
October 01, 2018, 04:13:34 PM
Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?
https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018
I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018
I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.
Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?
I can't really deny the fact that the market is indeed showing signs for consolidation and stability. However, it is too early to say that it will continue for a longer period of time, because the crypto market is still on its base building phase. We can't really consider the crypto market as an old market because it is just 10 years old.
So at this point of time, one must not consider the market as a stable one even if it is showing some signs of it. Blockchain as a technology, is very new and the world is yet to undersrand it's full potential. We have only leveraged a minor percent of it!
Even though I personally believe that the crypto market will be recovered to some certain extent before the year ends. But that is completely based on my own intuition and experience.
We usually see such kind of stability in price of an equity before it takes a leap. But the same formula may not stand true for cryptos and we may see the reverse or vice versa. So I just keep my faith on bitcoin and the technology for the time being!
October 01, 2018, 04:08:48 PM
BTC is the crypto refuge in the bearish moments but it is fast forget once bulls start running!
October 01, 2018, 04:02:32 PM
A reduction in volatility is the key to bitcoin success. The ETF would never allow a pump and dump coin to pass their regulation and retailers won't accept it either. 2019 will the year for mass adoption
October 01, 2018, 03:54:33 PM
I don't much interested about the fourth quarter of this year because I believe that there will be nothing new is going to happen in the remaining days of this year but I hope this is the flat market days expected to have more investors when it has enough stability on the prices for a while now at that time the bull run will begin and will go for another new all time high and the cycle will keep repeat N number of times.
The market is uncertain and unpredictable. But there has been nothing in the past few weeks to suggest that the market would recover in the final quarter of the year.
This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.
ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.
October 01, 2018, 03:07:13 PM
I think we will need to wait after the new year to see some serious Bitcoin price movements upwards...
October 01, 2018, 02:59:58 PM
The low volatility is a confusing one. It's positive one one hand because it may show that less people are willing to sell at current prices but it could also be negative because it might show less people are willing to buy at current prices. Consolidation is definitely happening and there seems to be little left in the way of panic selling or dumping now. If larger groups are trying to control the market you'd have to think they'll start trying to move it upwards sooner rather than later.
Jump to: