does anyone want to explain this chart?
the price jump above $4100, RSI 92 points
Topic: bitcoin finally crossed $4000 - page 2. (Read 5935 times)
Wuuuut
does anyone want to explain this chart?
the price jump above $4100, RSI 92 points
does anyone want to explain this chart?
the price jump above $4100, RSI 92 points
Really we were waiting for a bull run what just happen recent days .However the price is looking so stable on around 4000$ .Now the question is, what the next level is ?? I am waiting for a huge bull run on next and keep it on the whole year .
Don't just look at the price. Also look at the trading volume it is %50 higher than the usual ~$5b daily volume.
This trading volume is not generated by the sellers, it is the buyers this time.
Really we were waiting for a bull run what just happen recent days .However the price is looking so stable on around 4000$ .Now the question is, what the next level is ?? I am waiting for a huge bull run on next and keep it on the whole year .
It looks like Bitcoin had a hard time breaking through $4k. It broke multiple times already, but hadnt stay there long, we're somehow stable at $3.9k, good thing it didnt fall below that. I think, a lot of people are selling at $4k causing the price to drop again.
$3,933 on Stamp as I type this, we are seeing $4,000 act as a strong resistance point. Hopefully it gets broken soon.
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It seems we need to see bitcoin crossed $4000 in many times and then down for a moment to gets up again. I look in the bitstamp and bitfinex, there is a big gap for the price, and I think there are many people who make arbitrage trading because they see a big profit in front of their eyes hahaha
If you want to try with arbitrage trading, you need to be careful with the time of the transaction, and I am sure that you don't want to see your bitcoin will come too late so you cannot make a profit.
If you want to try with arbitrage trading, you need to be careful with the time of the transaction, and I am sure that you don't want to see your bitcoin will come too late so you cannot make a profit.
It is there at 4000$ for some minutes but suddenly the price of Bitcoin has fallen to 3925$ and it seems many people are selling the bitcoin at the 4000$ level. Before that the price of Bitcoin should be stable at 3950$ above and after some the price of Bitcoin will easily cross the value of 4300$ mark.
Bitcoin Price of Passing the $ 4,000 is actually a very important case, though the fact that the situation stabilized bura important event. Market stability, particularly the need to continue this supposed to be going to be a continuation of this upward.
CME futures expire today 04:00PM forum time, so we might be up for something. It really looks like the price wants to go up from where we are right now, and CME might give Bitcoin that extra push. CME's volume is twice that of Coinbase Pro, so for people thinking they don't have any importance here, think again.
but the volume has no relation to the spot market. there's no way to arbitrage, there's no physical delivery. the CME market is basically like trading a CFD. it's totally isolated from the market. there's no way it could lead the price. so it's not really important
Wasn't it you who had been arguing with me on that issue in the past?
If I remember correctly, you were claiming that the amount of gold derivatives to be physically delivered (if not sold before the expiry) by far exceeded the amount of gold in the vaults, were you? In this manner, they could be considered paper gold only, yet that massively affected the gold spot price. Now you are saying a completely different thing, like 180 degrees different. How come?
i'm much more concerned about bakkt because physical delivery = real effects on supply and demand
That goes without saying. But other people are still saying that they are going to issue more Bitcoin certificates that they will have bitcoins in their custody. Then we are instantly back to square one
In this month it's still difficult to survive above $4000, maybe in March $4000 will be support line
just wait what will happen on February 27
Anytime soon we can probably see the value of the bitcoin at the $4000 and that's good improvement to go back again the investors who leave the market because scared for the dumping price. Let's takes bitcoin time to increase the value of it's self and to show again thw shining of what they have done last 2017 and better to happen again. In the month of March bitcoin price will become more better and higher. just wait what will happen on February 27
In this month it's still difficult to survive above $4000, maybe in March $4000 will be support line
just wait what will happen on February 27
just wait what will happen on February 27
Let's wait, the market will improve, bitcoin will reach more than $ 4000. Now it has reached $ 3900 more so that in the near future it will certainly be able to reach that level. Bitcoin travel is long and will develop well.
The journey is still very long and the opportunity for Bitcoin prices to increase is still very wide open, we are all in good condition and therefore we all still have hope that Bitcoin prices will rise again. Bitcoin prices are still at the level of 4,000USD, but it is likely that the increasing trend will continue. We need to be patient and be sure that Bitocin will give a lot of surprises. Many dreams come true and Bitcoin always changes the impossible to become a reality.
to be able to make the price of bitcoin increase in price it does not require a very long time, you should be able to see when the moment of price movements that occur at the end of 2017, when looking at bitcoin, the price is still touching the $4k level back bouncing hard up someday. The market recovery is eliminating worries for me, and I think the hope of bitcoin recovery will occur this year, and profits will flow and can cover losses last year.
Actually I would not expect too high, recovery is a difficult thing to happen, but for price increases I'm sure this year's bitcoin prices could be better than last year which continued to decline. the price has returned to $4000 and that's one of the signals 
CME futures expire today 04:00PM forum time, so we might be up for something. It really looks like the price wants to go up from where we are right now, and CME might give Bitcoin that extra push. CME's volume is twice that of Coinbase Pro, so for people thinking they don't have any importance here, think again.
but the volume has no relation to the spot market. there's no way to arbitrage, there's no physical delivery. the CME market is basically like trading a CFD. it's totally isolated from the market. there's no way it could lead the price. so it's not really important.
i'm much more concerned about bakkt because physical delivery = real effects on supply and demand.
The journey is still very long and the opportunity for Bitcoin prices to increase is still very wide open, we are all in good condition and therefore we all still have hope that Bitcoin prices will rise again. Bitcoin prices are still at the level of 4,000USD, but it is likely that the increasing trend will continue. We need to be patient and be sure that Bitocin will give a lot of surprises. Many dreams come true and Bitcoin always changes the impossible to become a reality.
Still hoping that the market will not go down from there.
if the price does not rise, then the price will fall
It's not set in stone, apart from really minor corrections like 50-100 dollars
I know we are all preparing to fight the last war in which that was the case. But as I already said a few times, we are in a different market today, so old patterns may no longer work and thus our expectations may fail. We crashed to 6k and had been trading there without major rebounds or breakouts. Then we crashed again to 3k and stayed there most of the time. So why can't it actually work in reverse order?
The market recovery is eliminating worries for me, and I think the hope of bitcoin recovery will occur this year, and profits will flow and can cover losses last year.
That is truth! Many people are building confident on the cryptocurrency market again. I decided to hold my bitcoin and not selling after seeing the way it sparked three days ago. I believe that bitcoin is going to grow and the next level of resistance is around $4250.Don't rule out this being nothing but a bull trap on the way down.
There is no reason to sit back and eat the popcorn here, we're far from out of the woods at this stage.
There is no reason to sit back and eat the popcorn here, we're far from out of the woods at this stage.
Sadly, sentiment turned really bullish after these last couple moves up. People still have a lot of hope for recovery.
I remember in 2015 once the bottom was already in, it wasn't like that. Sentiment was dismal and most people agreed every move up was a bull trap. It really doesn't feel like the weak hands have given up yet.
Depending which exchange you watch but not everywhere Bitcoin has crossed 4000$. Even if it did that doesn't actually mean anything because the price pulled back and besides this price growth was too small to be the sign of some substantial change on the market. Don't celebrate too soon.
Still hoping that the market will not go down from there.
if the price does not rise, then the price will fall
I think it is likely that the market is getting better and for bitcoin it will not only pass 4k and it is also possible that it will reach 5k.
I will be happier if the price remained stable above $ 6000, at least so I would not hear things like "the price will drop to $ 1000". But, the current scenario is not good, the price is still struggling to stay above $ 4000, and it is not easy being above $ 4000. That's why I think if we only see the price above $ 4300 we can dream of seeing the price of $ 5000
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