Topic: Bitcoin goes to $5,900.... (Read 601 times)
Yes sure today it crosses more than that, bitcoin price starts to pump many bitcoin holders are now ready to sell but this is not good time. The price will increase more and more in future. Till that you have to wait then the profit will be more than you invest. The market starts to recover hereafter the price will increase. Some fluctuations may happen but it will not affect the growth of the bitcoin.
Again Bitcoin going to $5,900. Now it is $6300 after falling from $6,700
Yeah friend, the current price is 6300 dollar for one Bitcoin and not 5900 dollar means that this thread is wrong or it is a prediction that the value would falls at 5900 dollar so this is fine then. Furthermore about the price predictions we can not say anything but I will explain what the expert opinion is right now which is pointing towards price more than 30k dollar in the next 7 months.Right now mates, those prices mentioned here was now surpassed with the current value of $7300. This was now pumping and had minimal fluctuations, and I've observed more buyer were waiting for those who sell their holdings. The biddings arises so far and hopefully the price will increase as demand goes higher, so we'll be able to reach our expectations for the upcoming bull run.
Again Bitcoin going to $5,900. Now it is $6300 after falling from $6,700
Yeah friend, the current price is 6300 dollar for one Bitcoin and not 5900 dollar means that this thread is wrong or it is a prediction that the value would falls at 5900 dollar so this is fine then. Furthermore about the price predictions we can not say anything but I will explain what the expert opinion is right now which is pointing towards price more than 30k dollar in the next 7 months. 
Dream run over? Whoever said there was such thing as a "dream run"?
Well, hitting $20k was pretty much that. A crazy bull run would be another way to put it.Having said that, I was fairly certain it wasn't going to last long. Anytime prices go insane like that and rise as fast and as high as bitcoin did, people do what they've always done--they cash out and take their profits off the table. It happens in stocks, bonds, metals, and I suspect everything else you can buy and sell. And what happens when either a lot of people or a small number of very wealthy people sell all at once? The price plummets. I'm just glad bitcoin didn't drop even further than it did. That should tell you that there are still plenty of people still supporting it, and it'll probably rebound to $20k and then go higher. The question none of us can answer is when.
It seems that bitcoin is getting lower and lower as time goes by. We are in a terrible situation nowadays. But many are still watching over it and keep on saying that there is a recovery time for bitcoin. It may last until the last part of the 3rd quarter but I think the long wait is worth it. I may somehow feel upset and frustrated but still, I'd like to take the risk.
I think its likely to first rest at 6100 area even if negative from here. I think more likely is that it goes up first and confirms the previous pricing as a ceiling, that gives more confidence to the bears to sell or even add shorts to bring it down and gain themselves a profit. Shorts tends to be very cautious about getting trapped in a rising price so they'll hop onto resistance as a good launch point for negativeity and a failure to rise through it could help their case.
BTC can spike up quite easily so I believe they might wait momemtarily for 6,500 to at least be nearby before opting to take a negative view with borrowed money/btc. Generally I see this action as negative so long as we remain below that blue line
The most optimistic view I've heard is we are just tracking sideways while we wait to break through 6800, this is the most important place to switch sides and go positive if you see the market mount this price hurdle
The wild swing of the market is a normal trend. Market has its ups and downs due to supply and demand or other considerable factors. It highly-volatile and is seemingly hard to control. But this should not be taken into advantage to cause panic. Market will bounce back anytime soon, we just need to stay patient, positive, and strategic on how to manage risks and deal constant market movement. BTC can spike up quite easily so I believe they might wait momemtarily for 6,500 to at least be nearby before opting to take a negative view with borrowed money/btc. Generally I see this action as negative so long as we remain below that blue line
The most optimistic view I've heard is we are just tracking sideways while we wait to break through 6800, this is the most important place to switch sides and go positive if you see the market mount this price hurdle
I think its likely to first rest at 6100 area even if negative from here. I think more likely is that it goes up first and confirms the previous pricing as a ceiling, that gives more confidence to the bears to sell or even add shorts to bring it down and gain themselves a profit. Shorts tends to be very cautious about getting trapped in a rising price so they'll hop onto resistance as a good launch point for negativeity and a failure to rise through it could help their case.
BTC can spike up quite easily so I believe they might wait momemtarily for 6,500 to at least be nearby before opting to take a negative view with borrowed money/btc. Generally I see this action as negative so long as we remain below that blue line
The most optimistic view I've heard is we are just tracking sideways while we wait to break through 6800, this is the most important place to switch sides and go positive if you see the market mount this price hurdle
BTC can spike up quite easily so I believe they might wait momemtarily for 6,500 to at least be nearby before opting to take a negative view with borrowed money/btc. Generally I see this action as negative so long as we remain below that blue line
The most optimistic view I've heard is we are just tracking sideways while we wait to break through 6800, this is the most important place to switch sides and go positive if you see the market mount this price hurdle
Again Bitcoin going to $5,900. Now it is $6300 after falling from $6,700
So a week later and we're still trying to push past the same $5,900. Looks like a struggle even for willing bears at this volume. I myself still think the lowest low we'll see in the next 5 months is only just below $5,500, so I'm happy to see my "prediction" still some way to go.
If you're really buying into the 80% of people are dumping, and you're not sure of where you want to be in the next few years (or aren't even thinking beyond this year), then yeah, you should probably get out now.
Yep. Six months is really such a long time to wait. Waiting is for traditional markets. Bitcoin is moon now, lambo tomorrow. Good that this bandwagon's dropping people off. I want a bigger share on the cart.
If you're really buying into the 80% of people are dumping, and you're not sure of where you want to be in the next few years (or aren't even thinking beyond this year), then yeah, you should probably get out now.
Some persons are tired of waiting. A lot are cashing out because of fear that place may slump deeper the good news is that some smart investors are entering the market to take advantage of the relatively lower prices of bitcoins
Yep. Six months is really such a long time to wait. Waiting is for traditional markets. Bitcoin is moon now, lambo tomorrow. Good that this bandwagon's dropping people off. I want a bigger share on the cart.
Honestly, I think the low prices can drive some new people or existing holders to reinforce their portfolio.
for example, I got really into the cryptocurrency topic end of last year of course when big publicity was made around it. I didnt buy then, given the high prices. Waited for the correction and here I am.
Just look at the exchanges every day, I think it shows quite a dynamic.
for example, I got really into the cryptocurrency topic end of last year of course when big publicity was made around it. I didnt buy then, given the high prices. Waited for the correction and here I am.
Just look at the exchanges every day, I think it shows quite a dynamic.
I'm just waiting for the bounce, could happen at 5k, could happen lower, who cares really, you wait for the right signals, wait for confirmation and then you can ''safely'' buy and enjoy profits for the next few weeks, it's actually really simple and easy but most people lose their minds so easily.
Most people seemingly crying about it are probably trolls who don’t have any bitcoin’s.
Buy & HODL until mid 2021 & you’ll be rich - simple.
Well, yeah but it's also because most people that ''invest'' in bitcoin are average people with little to no experience in any branch of economics. Of course they panic. As I said, I'm sitting comfortably waiting for the right signals, I don't give a shit even if it crashes to 1k lol.
Some persons are tired of waiting. A lot are cashing out because of fear that place may slump deeper the good news is that some smart investors are entering the market to take advantage of the relatively lower prices of bitcoins
We can stop the dumping price , if you buy and I buy and if all of us buy more bitcoin again as soon as possible the price will recover and you will get more profit. Maybe not time for the bitcoin to pump again the price but for sure in the next coming weeks it will slowly increasing.
Make me laugh. How many bitcoins can you buy? This is a drop in the ocean. The majority of users have on their wallets amounts much less than 1 bitcoin. It won't change the situation. Look at the stakes whales make. On my exchange, a few dozen bets on 30-50 bitcoins. It's only on one exchange. How do you want to compete with whales?This low market will charge us less and will give us lots of coins so this is our benefit this time and in future we will get huge profit depending upon the collection of coins.
Long term holder here. I only dump when the price goes above my comfort zone. Then when the price drops I buy. I assume most investors also have target prices for buying back in.
Actually this year is really a bad year for the investors of the crypto currency because the crypto currency market is facing a crisis during the year. But this is also an opportunity for the investors also to invest in the coin at a low price. Investors should not worry as the price will rise up at the end of this year as per the analyst’s forecast.
This bearish trend is not forever price goes up and down so it is a cycle. Yes this year is not good in crypto price declines from previous peak price. Well still best chance to buy btc during this trends.
Bitcoin value may likely decline below the $5,900 before August ending this year with the way things are going. This is because the momentum at the moment it not enough to bush the market value of Bitcoin forward and is a strong problem for the market value of Bitcoin to move forward.
It is known to each and every crypto currency users that the nature of the crypto is decentralized. The ups and downs of the price will remain till the end. So no need to worry just be patient when the time is not going in favour.
Actually this year is really a bad year for the investors of the crypto currency because the crypto currency market is facing a crisis during the year. But this is also an opportunity for the investors also to invest in the coin at a low price. Investors should not worry as the price will rise up at the end of this year as per the analyst’s forecast.
This is the second time Bitcoin will go to $5,900 this year. Now it is $6,140. Dream run over ??
I read, 80% of the coins being dumped now are from long term holders, they want OUT!
I read, 80% of the coins being dumped now are from long term holders, they want OUT!
I don't know where you get that news from. 80%? Why would a long term holder suddenly dumps their coins. I mean holders who have been holding bitcoin for more than 2 years will suddenly dumped all of the sudden and want out? I don't think so. They have been holding it for such a long time that it doesn't make sense to just dump it right now because they have lost their faith in the market. It doesn't work that way and I'm sure that long term holders are very intelligent and not be swayed by this kind of FUD and will just pull the trigger and push the sell button.
We can stop the dumping price , if you buy and I buy and if all of us buy more bitcoin again as soon as possible the price will recover and you will get more profit. Maybe not time for the bitcoin to pump again the price but for sure in the next coming weeks it will slowly increasing.
Make me laugh. How many bitcoins can you buy? This is a drop in the ocean. The majority of users have on their wallets amounts much less than 1 bitcoin. It won't change the situation. Look at the stakes whales make. On my exchange, a few dozen bets on 30-50 bitcoins. It's only on one exchange. How do you want to compete with whales?Jump to: