Topic: Bitcoin is going steadily up, don't you think? - page 2. (Read 635 times)
Do not be too quick to believe in articles, which is more important to make your own strategy to take advantage.
Steady? Bitcoin was struggling between $3800 and $4200 for a month before it jumped to $5000 in a course of 4-5 days during the start of April. Since then Bitcoin is moving between the range of 400 dollars. I don't consider this movement to be steady. Rather it is dangerous one. When Bitcoin surge to $5K+, it was looking safe and $4.8K was developed as new minimum. It was expected to go past $6K over the course of next month or so. But when we look the chart above, Bitcoin didn't show much of the positive signs since then. If this pattern continues for few more weeks, I am expecting a significant fall in price.
These steady markets really bringing people back too, I mean most people in bitcoin world during the peak left (okay maybe not most but most who newly joined got back out) so this increase is like another chance for them and I have seen that we have broken the most transactions in a day record top 10 and now we hold like the 8th spot and 10th spot in April of this year so it must mean we are once again seeing a lot of increases as well.
Since we got segwit and now lightning network too the transactions are much cheaper and much faster too so its getting that much easy to get those new people back in. I don't know if that is true, maybe I am totally wrong since I am making this up but I feel like people are coming back to bitcoin after months of pessimistic movements.
Since we got segwit and now lightning network too the transactions are much cheaper and much faster too so its getting that much easy to get those new people back in. I don't know if that is true, maybe I am totally wrong since I am making this up but I feel like people are coming back to bitcoin after months of pessimistic movements.
@BlueStackz
Don't be so sure because the fact is the Bitcoin's value increase since January. It's just that the market was stagnating for months without any improvement. The sudden rise doesn't mean we're safe from seeing a correction to back $3,500. which is what people were thinking about as you said.
Don't be so sure because the fact is the Bitcoin's value increase since January. It's just that the market was stagnating for months without any improvement. The sudden rise doesn't mean we're safe from seeing a correction to back $3,500. which is what people were thinking about as you said.
I don't believe in any 3500$
4800$ is strong support 4650$ even stronger
Price was going down to 4950$ then rebound
Only one thing what make me nervous are that bifinex premium
it will takes time to pass 6500$ but if that will be done price can sky rocket
It is just beginning of May still accumulation phase
Look at 1D Ichimoku you will see how strong is 4800$ support
@BlueStackz
Don't be so sure because the fact is the Bitcoin's value increase since January. It's just that the market was stagnating for months without any improvement. The sudden rise doesn't mean we're safe from seeing a correction to back $3,500. which is what people were thinking about as you said.
Don't be so sure because the fact is the Bitcoin's value increase since January. It's just that the market was stagnating for months without any improvement. The sudden rise doesn't mean we're safe from seeing a correction to back $3,500. which is what people were thinking about as you said.
It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.
I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.
I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.
My feeling is that Bitcoin is going steadily up, at least for the time being.
What do you think?
The price of Bitcoin for one week can indeed be said to be on a stable pase, there has been no significant price increase and there is no significant decline. In calculation there is an increase, but the increase is in a very small range. however, this kind of thing is a good thing because a stable increase will make the price of Bitcoin much safer and can even avoid a drastic drop in prices. I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.
I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.
My feeling is that Bitcoin is going steadily up, at least for the time being.
What do you think?
AT everydip is a good opportunity, this is where you can profit at every spike of the market especially in this uptrend. For a year of bears being the dominant I guess its also time for bulls to step. I don't know how bulls are going to dominate this time but the market seem to have a steady rise. Its not a proof of bullrun but its going to be a good indication.
Nope because i am tired.of expectations and in the end will bring failure,i would rather think of bearish still and be surprised that bullish is happening than expect something in common like 2018
Maybe this is the best treatment we must have from the majority of losing in 2018 that be mislead by this fake bull
Doing the opposite of what the mass is doing has almost always done its job well. People were bearish before the pump to $5000 and a massive pump we got. Some really believed we would hit $1xxx levels....Maybe this is the best treatment we must have from the majority of losing in 2018 that be mislead by this fake bull
Currently the mass seems to be overly bullish, which is why I am still short. I still expect a sub $5000 correction and I don't think we're that far away from it. The market is overbought and doesn't seem to be that strong anymore.
Of course, I can be wrong and we break through $6000 effortlessly, but that in my opinion is very unlikely. The massive resistance there will keep us busy for a few more months at least.
It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.
I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.
I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.
My feeling is that Bitcoin is going steadily up, at least for the time being.
What do you think?
It is called a market recovery, we have lost a lot of money from the crypto space ever since we began to see a correction in the price of bitcoin and crypto in general in 2018 and now that the correction is over, we are going to see a recovery in the market, and this recovery is going to happen slowly, then after the recovery, we are going to see a bull run that will drive the price of bitcoin and other top coins in the crypto market very high than we expect. I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.
I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.
My feeling is that Bitcoin is going steadily up, at least for the time being.
What do you think?
Nope because i am tired.of expectations and in the end will bring failure,i would rather think of bearish still and be surprised that bullish is happening than expect something in common like 2018
Maybe this is the best treatment we must have from the majority of losing in 2018 that be mislead by this fake bull
Maybe this is the best treatment we must have from the majority of losing in 2018 that be mislead by this fake bull
If we're talking about a few months ago for comparison then yes, we're in a continuous increase. If for all time, yes, we are still increasing still if our point of comparison is from the inception of bitcoin. Also, for 3 distinct times we have witnessed that bitcoin is undergoing cyclical stages, so yeah, the past few cycles we find ourselves bottoming way higher than the previous cycle, so if this continues, bitcoin is well appreciating in value over time.
Actually I wouldn't agree. At the moment we can see that the price is slowly growing but that definetely couldn't be called steady growth because price is fluctuating, every fews days goes back and forth. Still the trend is looking good but no matter that it's hard to predict how this will continue and if in some time we will have some continuous growth. Don't forget that Bitcoin is volatile.
Most of the people think bitcoin is going up steadily but dont they know this price increase on bitcoin is a only a bull trap. But still no one can predict the exaxct way where bitcoin would.go.
Its been a year that we haven't seen this movement and it is kinda pleasing. It gives hopes for everyone who believe that it will rise up again. I hope this movement will become more steady and hit $20k again. If this will keep continue we will arrive the $6000 very soon. But it is still too early to celebrate and there a lot things could might happen.
It really delights people's hope after suffering from long month of bearishness and now the market has shown a good sign for us to speculate and visionize a bountiful future will occur soon. The gradual growth hint a way on surpassing shortcomings of market and with our positive determination, hopefully it will continue to exceed persistently. 
Its been a year that we haven't seen this movement and it is kinda pleasing. It gives hopes for everyone who believe that it will rise up again. I hope this movement will become more steady and hit $20k again. If this will keep continue we will arrive the $6000 very soon. But it is still too early to celebrate and there a lot things could might happen.
The feeling is good now, I've not seen a price movement like last year.
Yes it was steady since it has not dropped below $5,000 again, I think we are into $6,000 very soon.
I monitor the price on a daily basis and it satisfy me and make me believe god things will happen more this year.
Yes it was steady since it has not dropped below $5,000 again, I think we are into $6,000 very soon.
I monitor the price on a daily basis and it satisfy me and make me believe god things will happen more this year.
Indeed, in the pass two months bitcoin has been increasing and have a stable price for a bit long. This is pointed out some people will consider that bitcoin can leave a bearish market slowly. Now, the price has been reaching $5500 and sooner will touch the price $6000 and will stable for a bit long after that we can see the price will up again. Honestly, most people who came at 2017 ago has leaved their investment and even gave up to not invest in bitcoin anymore. Whilst this is a best time to start again to restore their lost, but it hard thing to do. I can't imagine how regret they are but it will make them aware to spent money without any knowledge before.
It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.
I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.
I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.
My feeling is that Bitcoin is going steadily up, at least for the time being.
What do you think?
Prior to April 1st, most of them strongly believed that bitcoin will fall back low to $3000, they were really shocked to see the price of BTC spike to that price that became too much for them to purchase, so they would rather create FUD to cause dump.I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.
I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.
My feeling is that Bitcoin is going steadily up, at least for the time being.
What do you think?
Recently now, I have been hearing that BTC will dump to $4500, they are not buying at this price waiting for $45000, this is how they will miss their chance on this price now till BTC rises to $6000, and it does, we start seeing another FUD news in the market to dump it to $5000, and the cycle keeps going like this till they completely miss out of the next ATH again.
I do have to agree with you, ever since I saw Bitcoin broke the 6,000$ support level since last year it has easily go down way past the 5,000$ level without any hesitation going to 3,000$ level. If we really wan't to see Bitcoin in the up trend or at least confirm a reversal we should see it go back above 6,000$. If we take our time a little longer here in the 5,000$ we might just see that Bitcoin move up on another consolidation level which I think is the most likely case if no notable movements happen for this month of May.
The downtrend you are talking from $6,000 is still part of the continous price decrease that started on early months of that year. Therefore, we can't really say that it established a support on that price level.
Now about going back $6,000, I don't know why some people are on rush. Just take a look at how impressive the slow increase coming from $3,000+ price level to what it is now. Even for ley's say that no such uptrend will happen this month, what matters here is, price should only swing around the current price level. If that will happen, we can steadily assume that the support is strongly built and that will lead into fueling another run.
Finger cross.
the rush that some people has is mainly the product of 2017 which created unrealistic expectations among certain people (which mostly consist of newcomers). they think a rise or a bull market is the same as seeing a gigantic rise in a short time and if anything other than that happens then it must mean bitcoin is dead and should continue dropping more!
those expectations will die off as we slowly rise up though.
Really?you.created this thread just for this speculative post?wondering why lol
But yea we are now entering a bullish trend and seeling some good profit slow by slow,we have been in bear market in the whole 2018 and in the beginning of 2019 but this second quarter we are looking good and i have earned some amount from my holdings and looking forward to gain more in this year end
But yea we are now entering a bullish trend and seeling some good profit slow by slow,we have been in bear market in the whole 2018 and in the beginning of 2019 but this second quarter we are looking good and i have earned some amount from my holdings and looking forward to gain more in this year end
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