Topic: Bitcoin is currently at the indecision position. (Read 164 times)
4 hour chart on Bitstamp is about to turn positive. This could break out to a new high and start another leg.
Bitcoin market value is currently at the indecision trend position where nobody can tell what exactly will happen to Bitcoin value In the next one week or so. In the next move will Bitcoin break another record to reach $20,000 or decline to some where around $10,000 in the next or two weeks?
It could be indecision or hesitation on most of the traders right now. But bitcoin has been on a resistance level for quite sometime now that we are almost on a deadlock. So its either a make or break scenario. CME hasn't began yet, so for me its critical after December 18, when they began offering its bitcoin future contracts.
If the markets decides to go to another bull run this $20K is likely to be cross, but if the effect of all these institutional investments firm coming to bitcoins becomes negative, then we are going to see reversals in the price.
But this kind of reversals is just temporary, a lot of investors specially the casuals are waiting in line and eager to enter again, if the price reversals is inviting to them ( which usually does ), expect them to come and go enter the ecosystem right away.
it's not 'indecision' but instead it's 'uncertainty'.
they did intentionally to make the confusion in traders mind.
they did intentionally to make the confusion in traders mind.
"Market indecision" is actually a common phenomenon. It's often characterized by dojis and other candles that indicate a push-and-pull war between bulls and bears. The market closed with a spinning top doji two days ago, and will likely close that way again today. Neither side is taking control, suggesting that speculators are collectively indecisive.
There are probably a lot of people waiting on the sidelines, waiting to pile in once the trading range is broken.
In the next move will Bitcoin break another record to reach $20,000 or decline to some where around $10,000 in the next or two weeks?
Based on the accelerating volatility we've seen recently, I'm guessing that we could break either of those price levels on the next move. But even if we retest the $10k area (or below), the trend is your friend. It's probably a dip buying opportunity.
I do not see it that way. Simply the new bitcoiners have learned to be very impatient with the behavior of bitcoin and we get used to seeing it in a continuous and aggressive uptrend, when it is well known that in the markets there is no antecedent of eternal trends with no pauses.
There will always be periods of high volatility, periods of low volatility, bullish trends and bearish trends, but in fact it is well known that markets remain most of the time in ranges, and very little time they move in a major trend.
There will always be periods of high volatility, periods of low volatility, bullish trends and bearish trends, but in fact it is well known that markets remain most of the time in ranges, and very little time they move in a major trend.
Bitcoin market value is currently at the indecision trend position where nobody can tell what exactly will happen to Bitcoin value In the next one week or so. In the next move will Bitcoin break another record to reach $20,000 or decline to some where around $10,000 in the next or two weeks?
I think bitcoin is going to fall back a little to $13,000 and from there another push towards $20,000 many investors are trying to take profit now and some are not ready to sell because the may not get it cheap than when they sell. Alot of indecisions in bitcoin pricing and I expect from tomorrow another direction is going to form. 
Because it is on an stable level it means that it will drop again to $10000 or less? You seriously have a bad concept of what bitcoin is, and you are extremely greedy and that is why you want to see increases of $1000 everyday.
It has increased a lot during the last few months, even a lot of people were not expecting to see bitcoin over $10000 during this year, and it did.
It will not fall, and stop trying to punish bitcoin and raise false alarms over the price, because we all know that it will keep increasing, only that it is very stable right now.
Bitcoin market value is currently at the indecision trend position where nobody can tell what exactly will happen to Bitcoin value In the next one week or so. In the next move will Bitcoin break another record to reach $20,000 or decline to some where around $10,000 in the next or two weeks?
It has increased a lot during the last few months, even a lot of people were not expecting to see bitcoin over $10000 during this year, and it did.
It will not fall, and stop trying to punish bitcoin and raise false alarms over the price, because we all know that it will keep increasing, only that it is very stable right now.
it's not 'indecision' but instead it's 'uncertainty'.
they did intentionally to make the confusion in traders mind.
because if other traders know what will happen with its price in the future,they can not maximize their profit.
and it may be can lead them to loss other than profit.
logically the price will be dumped due to a few factors,
we're needing money in order to make our party whenever we're reaching the end of the year.
also other stuff that we need to pay or buy whenever we're reaching the end of the year.
but we can not see the sign that the market will do that kind of movement,
in other word,they want to make a confusion in our mind.
and when people start to scream about dump or pump,they will make a movement based on the opposite from what people predicted.
they did intentionally to make the confusion in traders mind.
because if other traders know what will happen with its price in the future,they can not maximize their profit.
and it may be can lead them to loss other than profit.
logically the price will be dumped due to a few factors,
we're needing money in order to make our party whenever we're reaching the end of the year.
also other stuff that we need to pay or buy whenever we're reaching the end of the year.
but we can not see the sign that the market will do that kind of movement,
in other word,they want to make a confusion in our mind.
and when people start to scream about dump or pump,they will make a movement based on the opposite from what people predicted.
Bitcoin market value is currently at the indecision trend position where nobody can tell what exactly will happen to Bitcoin value In the next one week or so. In the next move will Bitcoin break another record to reach $20,000 or decline to some where around $10,000 in the next or two weeks?
Jump to: