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Topic: Bitcoin Price Bounces Back Above $8200, Are Bulls Finally Here? - page 3. (Read 642 times)

sr. member
Activity: 1246
Merit: 285
bitcoin is currently declining, some traders I know have speculated that the worst possibility could go down to the level of 7000 $. From the article pinned OP, there is support reaching 4.5%, hopefully this can be a bounce to reach the level of 8000 $ again. But somehow it feels difficult, there is no power strong enough so far.

Can't back to higher price for bitcoin on this year, look how drop bitcoin price today and raised with $7500. I don't know what happen with bitcoin and why price very dump, without negative issues for bitcoin but price very drop. Now we are only focus for waiting just several days later, will bitcoin come back to higher price or bitcoin will be drop very low.
It is quite ironic this time of decline, but we must remain optimistic. Stay on the safe track, let's just look at the positive side, if you dare to take risks, this is the right time to collect more coins for the long term.
sr. member
Activity: 1274
Merit: 252
Before the increase, buttom reds candle will occur, so here depends on whether there will be a large demand after this. I hope there is an increase after the decline is happening now, given the concept of the crypto market. Some market analysis anyway this is the impact of the bitcoin Bakkt futures that are not good, but after this there will be a jump in bitcoin.
hero member
Activity: 2716
Merit: 552
Well, seems like over optimism back fired?
That's too early to be called a bullish movement. The market will probably head for a correction after It will bounce back above $8,000 again. And it seems like the price are heading below $7,000. More weakhands will gonna sell at this range. Just like most predictions about this bearish run, it will probably last until mid November.
sr. member
Activity: 2366
Merit: 448
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Right now the price of bitcoin is around $ 7,400 and it's slowly declining and it's hard to predict the movements of bitcoin, and what I'm worried about is that bitcoin will fall deeper even though that's not my hope.
yes we will see in the next few days whether bitcoin increases or falls deeper.
hero member
Activity: 756
Merit: 507
nope, seems to me no this time  Sad
now the price falls down to 7700-7800, so it is still a bearish market
I wonder where the price will stabilize and go into flat line?
6000-5000 level?
sr. member
Activity: 1344
Merit: 270
With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/
Can't back to higher price for bitcoin on this year, look how drop bitcoin price today and raised with $7500. I don't know what happen with bitcoin and why price very dump, without negative issues for bitcoin but price very drop. Now we are only focus for waiting just several days later, will bitcoin come back to higher price or bitcoin will be drop very low.
sr. member
Activity: 1022
Merit: 277
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We are still far before the bull run will come.
The current situation of the market is not really good, and the bitcoin price might dump lower than we anticipated. The bull run will not happen over a small pump, and it will take more time because of the sudden dump that happen in the market right now.
hero member
Activity: 1582
Merit: 523
The current price ranging $7400 and at this stage, we cannot judge the market condition if finally in bull run status. In my view, the price might go deeper below 7k but this is not accurate and possibly price might be pull back upwards. For some, this is a great chance of buying to accumulate more btc, nonetheless, let’s catch a glimpse about this market condition if what price it will surpass this coming days or months.
sr. member
Activity: 1008
Merit: 355

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.


Unfortunately, the powerful bears are back with some vengeance. Now, Bitcoin is currently standing at $7,491.91 per CoinMarketCap, and there are more chances that it can go down further, with pessimistic people thinking that it can soon lower itself to around $6,000 level. Individually, there is nothing we can do much to stimulate more buy actions for Bitcoin. I am just watching with some despair because I don't have more funds I can sink in with Bitcoin as this is a good time to add more. Should we expect more dips or has Bitcoin has already bottomed out? Let's see in the next few days.
newbie
Activity: 19
Merit: 0
Just Don't buy the dips.   Grin Grin Grin
sr. member
Activity: 966
Merit: 274
Lol, the OP seems to jinx the price at it plummeted way below $7400 now.

So to much for the so called bounce, we are definitely in the bear market, well if did a break out run to $8500 then I would say that bulls has taken control. But the selling pressure was there, and so the price goes down hard in the last 48 hours, un-expected? The September flash crash was the main reason bears was able to take get the market back from the bulls. So just prepare for the worst, ($6k-$7k).

Based from my percent of the the market analysis with fundamental analysis, we, the users and those investors are preparing for the entry point of bitcoin investment since we have some ideas in our mind that most peice hikes occurs when holiday season is there. In this case, whenever bitcoin's market price decreases furthwr, it is the time to buy and accumulate huge amount of it. Though bitcoin halving will occur in 2020,  cryptocurrency market is so volatile that in a short span of time, bull can happen.
hero member
Activity: 1008
Merit: 531
Well that was short-lived wasn't it. Woke up to the bitcoin price below 7,500 USD and looking like it's being unable to break a lot of the walls that keep it from hitting the 7,500 mark again.

This market is very hard to predict, it just looks like it's been flucating randomally from 7,000 to 9,000 a day and there isn't a lot of reasoning. Possibly it just needs a new year and a reset for the coin, it's been so stable the last couple of weeks.

Don't think we'll reach 8k before end of the year and we'll float around 7-8k for the remaining 2 months.
sr. member
Activity: 756
Merit: 250
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We can’t say the bull is back if the price pump for only $400 because it can still drop just like its current price today and maybe we are heading back to a strong bear market since it drops again and bitcoin can’t hold the bull longer than expected. We can say that the bull is here if we are able to hit $10k and above, so let’s wait for that.

I agree with you too early if now we say bitcoin is bullish. because the value of bitcoin is still fluctuating. when the OP said the bitcoin bull fell again to $ 7500. and maybe it can go down again to $ 7k. I would say bitcoin bull when the value is above $ 10k. and maybe it will happen early next year. this is my prediction. and everyone is optimistic about 2020 on bitcoin halving day. hopefully 2020 bitcoin to the moon.
hero member
Activity: 2632
Merit: 833
Lol, the OP seems to jinx the price at it plummeted way below $7400 now.

So to much for the so called bounce, we are definitely in the bear market, well if did a break out run to $8500 then I would say that bulls has taken control. But the selling pressure was there, and so the price goes down hard in the last 48 hours, un-expected? The September flash crash was the main reason bears was able to take get the market back from the bulls. So just prepare for the worst, ($6k-$7k).
sr. member
Activity: 1554
Merit: 334
With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/
Too much volatility which makes bitcoin high risk, yet high reward. As of now, it dips right below to $7,500. I don't know if my computation is wrong or you're late in your post. The dip happened somewhat around 1100 UTC. It's still a bear run to me, but we can't really say. Whales could have sold off which drove the prices down. Good thing is as of now, it remains sideways and we can't really say when is the next bull run. Still, it's not enough to panic and we shouldn't be, bitcoin won't go away.
sr. member
Activity: 868
Merit: 333
With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

It seems now that bulls are still not here. On the contrary, bear market is back again, I am afraid. Bitcoin price has declined harshly to 7500 dollars from 8200 dollars. I hope the price gather itself as soon as possible.
Were still in bear market, small pumps like that can't be considered as the start of bull run. Its just a normal pump since cryptocurrency is volatile.
As we can see the current market roday, crypto prices drop its price again, and anytime its price can increase a little again and it is a normal flow of the market, were still far away from bullish market.
member
Activity: 1022
Merit: 10
With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

It seems now that bulls are still not here. On the contrary, bear market is back again, I am afraid. Bitcoin price has declined harshly to 7500 dollars from 8200 dollars. I hope the price gather itself as soon as possible.
sr. member
Activity: 2436
Merit: 343
With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/
It is not a surprise to see that the price of bitcoin riding like a roller coaster. But badly the market turns down below $8k which I think that you're wrong thinking of bullish. Being optimistic it sometimes causes failure by then, not actually we all just be positive but also we need to realize how the market really changes. It wasn't the same as what happens before where we can see huge pump during the BER season.
legendary
Activity: 3346
Merit: 1203
Same questions every day ...at least make your own technical analyze instead of simply publishing an article, it would be much viewed and discuss. Bitcoin will go nowhere this month and that is a fact , it will simply bounce between this range and maybe even take a deeper dive under 7.5k$. Even if the bulls are presents they are accumulate in quiet , the thing we all should do.
newbie
Activity: 19
Merit: 6
BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market  Angry Angry
And as *I* write this, bitcoin is at $7433.  I was going to write exactly what you wrote.  I'm not certain what kind of psychotropic compound op is smoking, but the bulls have left the building and are out drinking at a bar somewhere.  All that's left are the bears, and they are looking mean.

Worry not.  When those bulls recover from their collective hangover they will oust the bears from the premises and take control of the situation.  The bottom has arrived and I am hoping there are brighter days ahead.  I do hope the bartender shuts them down at the appropriate hour.

Some posts don't age well, but this one fared tragically within the space of just a few hours.

Accomplishment unlocked: Tragic post.
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