Bitcoin is difficult to rise above the price of $ 4000??

Distinctin

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Quote from: 2chase on April 01, 2019, 04:02:28 PM

The bitcoin market is totally controlled by large whales, it always has been and will be. Now bitcoin for quite a long time trying to overcome the mark of $ 4,300, if this happens then the chances that he will start to fall in price will tend to zero. But I would not be surprised if something else happens.

Let's make it more realistic, there's no such thing as zero chance, what's your basis or TA on this if you care to share?
BTC when breaking it's resistance then we will see a good increase, could be a rapid one, but we should not erase the possibility that it could dump after a pump.

2chase

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The bitcoin market is totally controlled by large whales, it always has been and will be. Now bitcoin for quite a long time trying to overcome the mark of $ 4,300, if this happens then the chances that he will start to fall in price will tend to zero. But I would not be surprised if something else happens.

ethereumhunter

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Quote from: BeGoods on April 01, 2019, 02:51:24 AM

Quote from: Herbert2020 on April 01, 2019, 02:33:20 AM

Quote from: Dreamchaser21 on March 31, 2019, 07:14:10 PM

Quote from: maks-ivanov89 on March 31, 2019, 03:54:36 PM

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.

We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.

Infact many people will sell a lot of their bitcoin when the price rises more than $4000. thats why bitcoin will find it difficult to rise
above that price, because there will always be a big wall (big supply) that keep hold the price of bitcoin to rise..

In Poloniex, there is a big wall at $4108 in the buy order for 32 bitcoin to hold the price for not going down and in the above price, there are many small bitcoin amounts placed in the order. So it means, the price could stay at that $4108 if the price does not move or the price will increase higher because the chart showing the trend is still going to go up.

BeGoods

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Quote from: Herbert2020 on April 01, 2019, 02:33:20 AM

Quote from: Dreamchaser21 on March 31, 2019, 07:14:10 PM

Quote from: maks-ivanov89 on March 31, 2019, 03:54:36 PM

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.

We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.

Infact many people will sell a lot of their bitcoin when the price rises more than $4000. thats why bitcoin will find it difficult to rise
above that price, because there will always be a big wall (big supply) that keep hold the price of bitcoin to rise..

Herbert2020

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Quote from: Dreamchaser21 on March 31, 2019, 07:14:10 PM

Quote from: maks-ivanov89 on March 31, 2019, 03:54:36 PM

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.

We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.

Dreamchaser21

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Quote from: maks-ivanov89 on March 31, 2019, 03:54:36 PM

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.

We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

ololajulo

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The resistance showed to have been broken lately with additional $150 on bitcoin. Mining might not be profitable for now but it still have more advantage than miners' profit. The important thing is the low influence of manipulation on the market which will make the market to improve itself in short time.

Ayiranorea

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Quote from: Shinpako09 on March 31, 2019, 01:59:58 PM

That was true but here we are. We already pass and break $4k again but this time it lasted long. It seems we will stay longer at this floor price and we're going to have a slow increase to $4.5k. If ever things goes well or rather trader isn't their trading point yet, we might reach $5k sooner.

By now the price of bitcoin is found above $4100, and from the analyst point it'll surely clock the $4200 price which is being touched a day back. This time the market looked to have good resistance for an uptrend from the present market. As a new month has begun we can expect more of the growth than decline.

maks-ivanov89

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at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.

Shinpako09

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That was true but here we are. We already pass and break $4k again but this time it lasted long. It seems we will stay longer at this floor price and we're going to have a slow increase to $4.5k. If ever things goes well or rather trader isn't their trading point yet, we might reach $5k sooner.

freedomgo

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Quote from: OrangeII on March 26, 2019, 02:02:33 AM

well, i think this is true. even bitcoin is very difficult to last for a month at $ 4000. well, but now the potential is quite large. I think the price of bitcoin is stable enough to be able to rise more than $ 4,000 this month. well, maybe next month the price of bitcoin can reach $ 4500.

There is no drop, then we can make it.
Once we are stable at $4,000, it would be easier to reach $4500 and even $5000 with the price range now.
We have successfully break barriers before and i think we can still do it now.

OrangeII

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well, i think this is true. even bitcoin is very difficult to last for a month at $ 4000. well, but now the potential is quite large. I think the price of bitcoin is stable enough to be able to rise more than $ 4,000 this month. well, maybe next month the price of bitcoin can reach $ 4500.

Caladonian

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Quote from: xvids on March 25, 2019, 10:05:49 AM

We are just a few steps away from $4,000 and we already reach about $4,200 last month ,
So for me I don't think that it would be difficult at all maybe it would only take a few more days before going up to $4,000 again.
We couldn't do anything but to wait and relax.

Indeed and currently it's already on its way passing 4k$ looking forward for more day to come and tried to be more stronger and passed
this level, though expectations still high as possibilities of reversal of trend between bear to bull are highly anticipated we just need to
believe and stay calm while waiting for the time to come.

xvids

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We are just a few steps away from $4,000 and we already reach about $4,200 last month ,
So for me I don't think that it would be difficult at all maybe it would only take a few more days before going up to $4,000 again.
We couldn't do anything but to wait and relax.

eaLiTy

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Quote from: eann014 on March 24, 2019, 09:39:22 AM

We are near from $4000 today, Bitcoin really has a crisis this year especially last year as we can see that last year really not a good year for cryptocurrencies cause last year is when the bitcoin value started to drop hard. Spreading of fake news is also one of the reasons why the value is not recovering because most netizens are believing to those news especially big investors so we need some encouragement for them.

The price of bitcoin has nothing to do with the spreading of fake news and big institutional investors wont listen to these silly news and we had a huge rally and the price increase was really huge and anything that grows that big in a short span is bound to come down and that is how every market plays, it is difficult to sustain a sharp rise like that and there is nothing strange too as it is in its early stages and the big funds will come again once we see the signs of bull once again.

eann014

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Quote from: indoagung88 on March 02, 2019, 03:42:47 PM

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin? Is it because of the market that hasn't really recovered? or is there bad news?

We are near from $4000 today, Bitcoin really has a crisis this year especially last year as we can see that last year really not a good year for cryptocurrencies cause last year is when the bitcoin value started to drop hard. Spreading of fake news is also one of the reasons why the value is not recovering because most netizens are believing to those news especially big investors so we need some encouragement for them.

Kopyleft

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I am optimistic that the price would indeed go above $4000, and so are lot of hodlers and even experts.
I would like to ask, what dynamics convinces you as a bitcoin hodler (if you are one) that the price would eventually boom sometime in the future?
It's been ten years on, and most people I meet already have heard a thing or two about bitcoin, what needs to happen to bring new investors?

STT

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Im going to point out the obvious which everyone knows but thats the point, 4000 is a round number. That doesnt actually mean anything but also because its a flat number easily referenced everyone centres on this flat top where all the zeros tumble over and it 'all of a sudden' heads into a new block of thousands.

Its silly but also its a thing for human nature to focus on this as if its more important then it is. The most obvious way to point out it dont matter is that every other nation has a seperate figure for Bitcoin right now in their own currencies. Its not 4000 in ¥ Yen or in Euros € its not flat number there right now. However Dollar is the most noted and more widely looked at worldwide so it matters and it really doesnt.

Just one of many reasons 4000 is unlikely to actually hold especially long term. 4500 has more significance imo

bitgolden

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Quote from: mirakal on March 15, 2019, 05:44:22 AM

I think so, we reached $4,100 this year but the price suddenly dump, surely it's not the same scenario that we want to see.
So let's just not push this hard, let's give it a time, eventually it will rise if we are really going to experience some bullish movement this year.

We are just 2 months + in the new year, the year still has a lot in store positively as regards Bitcoin, many investors will come in and this year, a lot of project coming up will start introducing BTC has means of payment which the older ones are gradually integrating, we will still have many traders coming into the systems, all these activities we are seeing are what will keep the BTC price at $4200 and beyond till probably we believe will push up the price to $6k by the end of the year, though it is just speculation but I believe strongly that BTC will continue in the green part it has started following.

zinjo

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Quote from: mirakal on March 16, 2019, 03:33:08 AM

Quote from: Baofeng on March 16, 2019, 12:50:53 AM

Quote from: rosmerius on March 15, 2019, 10:32:26 PM

It seems that at this time bitcoin was able to reach that level at CMC https://coinmarketcap.com/, a trip full of twists and things that are good pumps today. Many hopes to continue to increase, but still, take a good opportunity to have an advantage but remain alert and wise.

Right, I also check the price recently so it seems we break $4k barrier again. Cause for a celebration, but I wouldn't put too much weight, why? maybe this is another bull trap again so I will still be cautious. I wanted to see $4200 range obviously and see if it holds. This is critical barrier to breach as this might start a slow process of a recovery. So let's see how it goes before the end of the month.

Maybe this time we will not fail anymore.
If this is a bull trap, I would accept it as long as we will again reach $4K, this is how the price move in the past, it tried to break
resistance failed many times but recovers, until the time has come that it has successfully break.

I am already smelling a bullish sentiment from people.

We hope this pump will continue in future also because many experts are smelling the bull run in this month. Sometimes dump and pump will occur in the market but we never loose the hope of Bitcoin.

Topic: Bitcoin is difficult to rise above the price of $ 4000?? (Read 18743 times)