Bitcoin & Its Momentum - page 3. | Bitcointalksearch.org

rodskee

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Quote from: adroitful_one on February 02, 2020, 01:18:46 AM

Quote from: RealMalatesta on February 01, 2020, 12:56:54 PM

At least it is not $9.6k anymore and dropped a bit so we can call it a correction, we are still around the resistance tho. Anyone thinks we will ever have a hard time about the resistance? It doesn't really look like the resistance will ever be a problem and we will move higher to me but I wouldn't call myself an expert on the subject so maybe I am wrong.

There are tons of so called experts (none of which I trust, they might be correct but doesn't mean I trust them) keep saying bitcoin will have amazing year, every day some other one comes up and says the same thing. I just believe that if we all think bitcoin will go up, if experts do think like that, if everyone agrees on it, that kinda means it should actually go up shouldn't it? That is kinda the whole system how markets work in the end?

The way I look at it is like, who cares? If Bitcoin does drop down below $9k again, that would just be a good thing and give people a chance to buy in again at that price. We all pretty much agree that all signs are pointing to a pretty massive bull run coming up. So a little dip in price shouldn't really hurt anything in the long run. If it dips down again, buy whatever you can at that price. You may not get another opportunity to.

Both of the scenarios are favoring investors,if the price fall?then we can purchase again before bitcoin halving effect takes place,second we can also make money if the price continues to grow because at least all the holders can now take their money after a long waiting for 2 years now.so basically good or bad movement are favor to us holders and accumulating for a long time now.

adroitful_one

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Quote from: RealMalatesta on February 01, 2020, 12:56:54 PM

At least it is not $9.6k anymore and dropped a bit so we can call it a correction, we are still around the resistance tho. Anyone thinks we will ever have a hard time about the resistance? It doesn't really look like the resistance will ever be a problem and we will move higher to me but I wouldn't call myself an expert on the subject so maybe I am wrong.

There are tons of so called experts (none of which I trust, they might be correct but doesn't mean I trust them) keep saying bitcoin will have amazing year, every day some other one comes up and says the same thing. I just believe that if we all think bitcoin will go up, if experts do think like that, if everyone agrees on it, that kinda means it should actually go up shouldn't it? That is kinda the whole system how markets work in the end?

The way I look at it is like, who cares? If Bitcoin does drop down below $9k again, that would just be a good thing and give people a chance to buy in again at that price. We all pretty much agree that all signs are pointing to a pretty massive bull run coming up. So a little dip in price shouldn't really hurt anything in the long run. If it dips down again, buy whatever you can at that price. You may not get another opportunity to.

RealMalatesta

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At least it is not $9.6k anymore and dropped a bit so we can call it a correction, we are still around the resistance tho. Anyone thinks we will ever have a hard time about the resistance? It doesn't really look like the resistance will ever be a problem and we will move higher to me but I wouldn't call myself an expert on the subject so maybe I am wrong.

There are tons of so called experts (none of which I trust, they might be correct but doesn't mean I trust them) keep saying bitcoin will have amazing year, every day some other one comes up and says the same thing. I just believe that if we all think bitcoin will go up, if experts do think like that, if everyone agrees on it, that kinda means it should actually go up shouldn't it? That is kinda the whole system how markets work in the end?

BartS

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Quote from: mrquackquack on January 18, 2020, 11:54:54 PM

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

At this point it seems very likely that we are going to see another attempt to try to make the price of bitcoin to reach 10k again, but it is going to be very difficult for bitcoin to reach that price because it is a huge psychological barrier.

Also I cannot help but think that there is a possibility there is a huge level of manipulation going on and all of those that bought recently are going to regret it and lose a significant amount of money if the price of bitcoin begins to go down.

beerlover

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Resistance is basically nothing as long as bitcoin wants to go up, resistance is only levels where it asks us if we want to break it or not. We have literally seen bitcoin move from $3k to $14k just last year, it hasn't been even a full year since we made that jump, you think there was no resistance between those prices? There was nothing that could potentially stop us?

We can break any resistance easily as long as we want to, if we think bitcoin is going up we both destroy the resistance ahead and most of the time people remove their orders as well so the resistance gets weaker both by buy orders and cancelled orders at the same time. What we need to focus is not "how bitcoin can go up" but more like "why bitcoin should go up" because if you give people a good reason, they will follow it.

Kasabus

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Next thing that happen was the price correction, and it seems like the price have already corrected, so we maybe ready for another pump again.
We need some pump this year as this could hype the market and that's all we need to trigger the bulls and we shall see some small FOMO.
now, market is down, so people stop speculating but so far btc is still sitting at a good price.

deathcode

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Quote from: naikturun on January 24, 2020, 08:36:25 AM

might reach 10k $ in the middle of this year, coupled with libra and telegram news and maybe after ETH was upgraded to v 2.0 at the end of the year, my predictions this year might reach 13-15k $.
and there will be another decline in 2021 then it will increase at the end of the year.

all predictions that haven't happened yet are likely to happen in the future. but never miss an opportunity. we only hope for an increase but as much as possible we should also be able to find predictions of a fall in the price of bitcoin which could be an opportunity for us to make a profit. especially with the state of the market that is full of updates from this year's big projects. hopefully, really become a good market for this year.

imstillthebest

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Quote from: agentx44 on January 24, 2020, 10:00:52 AM

Bitcoin's momentum is very confusing, there are days where its value goes high continuosly while there are also days where its value falls down all of a sudden.

on other things , like fame for example . the momentum kicks in and you know that its there when someone or something is shining but like bitcoin and cryptos , their shine can also fade away . in can be in an instant or it can happen in the few weeks , its unpredictable for short . no one knows when itl happen . im saying that bitcoin and cryptos didnt differ on them . so dont complain too much but instead love it , if ever the momentum for btc finally comes

agentx44

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Quote from: mrquackquack on January 18, 2020, 11:54:54 PM

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

Bitcoin's momentum is very confusing, there are days where its value goes high continuosly while there are also days where its value falls down all of a sudden. After the sudden rise last 2017, the value of bitcoin hasn't recovered yet ever since and we are all very worried about it. With the upcoming halving, we can say that bitcoin may once again regain its momentum and we will see it break through its last highest record as its value goes up to the moon once again so let us all not stop believing on this.

naikturun

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might reach 10k $ in the middle of this year, coupled with libra and telegram news and maybe after ETH was upgraded to v 2.0 at the end of the year, my predictions this year might reach 13-15k $.
and there will be another decline in 2021 then it will increase at the end of the year.

Pelunize12

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Quote from: styca on January 24, 2020, 02:36:13 AM

I'm not sure that 10k will be so hard to break. We've seen it before when we sail straight through big psychological barriers. We are still nowhere near ATH, and I think if we see a sudden surge that pushes us back through 9k and goes through 9.5k as well, then there is no reason to think that 10k would bring the rise to a halt. A lot does indeed depend on momentum.

This resistance is hard enough to break. many times Bitcoin fails to break this one
the nearest thing to do is breaking that trend line, I dont know when, but I'm sure it will

ololajulo

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Quote from: Lanatsa on January 23, 2020, 11:17:47 AM

Quote from: mrquackquack on January 18, 2020, 11:54:54 PM

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

10k resistance wont really be that easy to break.Yeah, weve seen that we do climb price too fast but doesnt mean that it will sustain furthermore.
Now the price is somehow stabilizing in 8k which is a good thing but it doesnt give any signs if it would dump or rise on upcoming days or months.Who knows?
Correction is inevitable and can happen anytime thats why you should brace yourself on the potential risk that might happen.

The climbing fast was in consideration of the approaching halving. If allowed to continue in the same momentum we might likely break the ATH before halving or just immediately and will not be good for the progression we expect in the space, and the whales are smart enough to control it. I dont know the place of altcoins in this market, though its having a steady rally and increasing the total marketcap but how long will that be. The build up this year could be on bring more fund to the space and will most likely be from altcoin

styca

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I'm not sure that 10k will be so hard to break. We've seen it before when we sail straight through big psychological barriers. We are still nowhere near ATH, and I think if we see a sudden surge that pushes us back through 9k and goes through 9.5k as well, then there is no reason to think that 10k would bring the rise to a halt. A lot does indeed depend on momentum.

Lanatsa

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Quote from: mrquackquack on January 18, 2020, 11:54:54 PM

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

10k resistance wont really be that easy to break.Yeah, weve seen that we do climb price too fast but doesnt mean that it will sustain furthermore.
Now the price is somehow stabilizing in 8k which is a good thing but it doesnt give any signs if it would dump or rise on upcoming days or months.Who knows?
Correction is inevitable and can happen anytime thats why you should brace yourself on the potential risk that might happen.

criket

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I think the moment happens all the time. when we pay attention and focus on the actual bitcoin chart we can benefit every day. bitcoin charts move very dynamically and are not in the same trend. we can use it.

Script3d

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Quote from: ?? on ??

if halving is successful, will miners stop mining bitcoin ?, see the results will be very small, if I were a miner, I would end my home mining, what do you think? is it still appropriate to mine?

if there are no miners there will be no people confirming your block and basically bitcoin will just die since nobody will confirm a single block. If i was a miner i would still continue mining because i invested my hardware for it and everytime a halving happens the price of bitcoin surges up and altcoins will also follow, it would be still worth it because of the price increase.

Lagduf

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Quote from: Dhoe on January 23, 2020, 12:19:53 AM

And now we can see the correction of the Bitcoin price is happening so that makes the price of Bitcoin fall again to $8500. But I think this is only a short correction and in the next moment I am sure Bitcoin will increase dramatically to 10k.

That looks like a short correction as the price support of bitcoin is really strong. We have some good analysis like this one
https://cointelegraph.com/news/bitcoin-price-slides-to-85k-as-200ma-resistance-keeps-bulls-in-check
We have seen bitcoin can be pumped anytime and this is just the early game of halving and there will be more pump to come just like litecoin. I will never doubt to believe if bitcoin will have the same pump as litecoin when it was faced its halving time last year. Just try to put 10k as the next pit stop and that's more than enough.

dodgrad

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I thought that after the last correction we will have further increases until breaking the $10k level. Unfortunately, but today's further drops do not look positive and it looks like the price will continue to go down. Let's just hope that the falls will not last long and we will see a rebound during the week, or less.

Republikcoin.com

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Quote from: mrquackquack on January 18, 2020, 11:54:54 PM

As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.

a few days ago, I thought that the potential for bitcoin could reach that price, but given the current situation, I think it's quite difficult to see the price of bitcoin reaching the level of $ 10,000 this month. Apparently, the potential for rising bitcoin has stopped at the end of this month, if there is a second potential, then it will begin in the coming February, just like earlier this month.

Wysi

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There might be a small correction ahead then we might see a minor dump before May 2020. Again nothing goes as per predictions so the only option which is left to us is to keep a track of bitcoin market price and set multiple notification through various applications which provides an alarm notification when price reaches out set target and then we can act accordingly. No one can predict Bitcoin's price.

Topic: Bitcoin & Its Momentum - page 3. (Read 1399 times)