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Topic: Bitcoin is back - page 7. (Read 856 times)

jr. member
Activity: 126
Merit: 1
August 22, 2018, 10:22:31 PM
#45
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?

$6750 to $6400? I think you have it the other way around.

Anyway, i do believe bitcoin is due for a pump soon simply because the next ETF decision is coming up. Just imagine what would happen if bitcoin ETF would get approved? I believe a lot of people will expect and bank on this again causing the value of bitcoin to rise right before the ETF announcement. What happens after the decision.. who knows!
I believe you misunderstood how i used the workds “from and to” May I suggest for you to read back.

Moving to you opinion. The charts answered it clearly and Bitcoin is back to its usual red candle stick. Holding its value at 6400 US dollars. The ETF announcement didn’t add or cause the hype for the market to pump. And after all the happened ww are officially back to the red market days.
full member
Activity: 854
Merit: 108
August 22, 2018, 10:19:51 PM
#44
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?

It is unclear specially today in which after a day of a look a like bullish then suddenly it turn red again. The most certain thing for Bitcoin is the volatility of the price in which it is very hard for us to predict that even the famous experts in crypto field are hardly to guess the future performances of Bitcoin. Therefore their is nothing we can do but just to wait and see
jr. member
Activity: 126
Merit: 1
August 22, 2018, 10:11:13 PM
#43
It is too early to say that bitcoin bear market has ended. Remember the huge rally in bitcoin from April to May? Everyone thought that the correction in bitcoin had ended but bitcoin broke below 6k briefly in August.
Perhaps you are correct brother, we are back to the normal holding value of Bitcoin, its been like this for the past weeks pumping and dumping at around 6200 to 6500 US dollars. With a big chance of decreasing its even more as reference with the ETF.
jr. member
Activity: 126
Merit: 1
August 22, 2018, 10:07:52 PM
#42
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
Although Bitcoin has risen today, many are still skeptical about the pump as there is not any news that the BTC price will increase. I think tomorrow will be clearer as the SEC can accept ETF in this market and we can see a new future for the Cryptocurrency market. Right now we should hope for more and wait for SEC nod
Congratulations, i just have answer for that. So bitcoin is back to its red candle stick and holding its resistance at around 6400 US dollars, with how things goes looks like another dump will follow. My guess is we are about to end this month with red candles.
newbie
Activity: 196
Merit: 0
August 22, 2018, 10:03:50 PM
#41
The Securities and Exchange Commission (SEC) Wednesday declined two Bitcoin ETF recommendations, continuing to be a 'hostile' stance to many expected e-money investment products. This has made Bitcoin prices continue to fall
jr. member
Activity: 294
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 22, 2018, 09:47:13 PM
#40
It is too early to say that bitcoin bear market has ended. Remember the huge rally in bitcoin from April to May? Everyone thought that the correction in bitcoin had ended but bitcoin broke below 6k briefly in August.

I guess you are right brother, whatever triggered it yesterday is a surprise, but today we are back to the normal value of Bitcoin, i do not  know how long would it take before this market can really bounce back, but i am still bullish on Bitcoin.
full member
Activity: 700
Merit: 136
August 22, 2018, 08:59:19 PM
#39
The SEC has already denied many of the bitcoin ETFs ahead by one day today:
https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/
Bitcoin price has bounced up and down but has handled this news well without any selloff so that is good.
full member
Activity: 630
Merit: 103
August 22, 2018, 08:57:54 PM
#38
this is the answer for anyone who complained and despaired yesterday.
bitcoin will come back, and the good news is bitcoin rises followed by other altcoins.
usually altcoin is red, it's fun.

And now i think that so called answer is just temporary because the market is in red again that is why i said to my friends that its too early to conclude that bearish market is done and the bullish market is taking over because the market is really unpredictable so i suggest that better we wait and see until this year would end before making some conclusions that the market is back.
full member
Activity: 486
Merit: 100
August 22, 2018, 08:47:33 PM
#37
It's just a small pump and for now BTC price is dumping back again Smiley. Maybe bad news from SEC is the biggest problem for BTC at the moment and at the moment it's not time for BTC to get over $7k and countinue to rise back to $10k Smiley. I think we need to wait a little bit more, a little bit more patient.
full member
Activity: 2408
Merit: 213
★Bitvest.io★ Play Plinko or Invest!
August 22, 2018, 07:49:28 PM
#36
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?


Yes that's a good news bitcoin start to recover their price, this is the most awaited of all bitcoin ethusiasm and cryptocurrency communities.

But i advice  for all do not expect too much just relax and clam wiat for the fully recovering of bitcoin in the coinmarketcap before to celebrate to avoid hurting.
newbie
Activity: 61
Merit: 0
August 22, 2018, 07:47:56 PM
#35
Its still bearish i would wait a little bit longer.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
August 22, 2018, 07:43:01 PM
#34
That's a very rapid pump and as you can see it dropped so fast down to $6,400.
Another small movement. And new exclamations. It's not funny anymore. 6400-6700 it's nothing. Not everyone understands this until now.
The market hasn't been funny at all and you have to dealt with it and get used to the swings. $6,400 - $6,700 is nothing if you invested during the high price months of bitcoin.
But if you bought it under those prices, you are still calm at this moment.
member
Activity: 537
Merit: 12
August 22, 2018, 02:37:45 PM
#33
Another small movement. And new exclamations. It's not funny anymore. 6400-6700 it's nothing. Not everyone understands this until now.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
August 22, 2018, 02:07:59 PM
#32
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?

Little price spike you see el not define the market in the any direction so best you need to wait for some more days and then go ahead to invest on project or selling kind of things.
I was thinking 24th August we will find bitcoin value reach the 8k but hopefully it may reach the 7k at least tomorrow so hodl and win. Adoption and positive news are reason for the bump.
sr. member
Activity: 1260
Merit: 251
August 22, 2018, 02:06:02 PM
#31
do not rush to conclude that bearish has finished, this is a small pump and I think this is only temporary before the market falls again. but we must always be optimistic that nothing is impossible and the market can change quickly.
hero member
Activity: 2086
Merit: 994
Cats on Mars
August 22, 2018, 02:00:58 PM
#30
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
The price needs to stay above the 6500 for a while if we want to see bullish movements. For now, it seems like the price went back down to the 6400 levels, so I don't expect any major increases, just the usual sideways movements on these levels.

We need a steady increase, any sudden swing in the price like the one you mentioned will most likely not last and prices will eventually go back down again, it's been the usual market movement for the past few weeks.
member
Activity: 311
Merit: 10
August 22, 2018, 01:52:17 PM
#29
I think we will see the bounce back to $5800 and from this level can be rocket up to $7000-8000
full member
Activity: 559
Merit: 102
August 22, 2018, 01:46:07 PM
#28
Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
Just a pump of whales. And now Bitcoin has fallen to 6400$ like the morning. A pump to discharge, This market is hard to guess and it makes so many people lose faith in it
legendary
Activity: 1190
Merit: 1001
August 22, 2018, 01:41:36 PM
#27
rise of bitcoin price has been started along with alt-coins will also grow. but do not judge too early Bitcoin is struggling now with media and other factors. current price of bitcoin is about 6500$ expected it will cross 7000$ then dip and then up.
Etherum is at very low rate currently about 277$ it was 1200$ at time of bitcoin 20k$ Expected price 300$ + in 7 days if bitcoin continue to grow. This will beneficial for NEW ico also.
Speak positive about bitcoin and alt-coins Bitcoin rise is sure
sr. member
Activity: 574
Merit: 255
August 22, 2018, 01:08:56 PM
#26
I still #hodl for a long time in this year but I do not see any trend in bitcoin's chart history . Should be a big pump at the end of the year .
JUST #HODL
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