Author

Topic: Bitcoin Price Bounces Back Above $8200, Are Bulls Finally Here? (Read 643 times)

hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
Speculation is what majority of us have actually been using too and none of us is really so sure of what the future price of any coin will be. Bitcoin has been on a bull run for long time now, we only don’t have it is its full form, and for it to come in its full form, I think that it will be that next year as you say because of the halving.

The expected halving will make people to want to buy bitcoin then in anticipation that the value will rise after the halving, so there is every possibility that FOMO be present there, making the value to shoot till it reaches another new peak, and by this time next year, I am so optimistic that the value of bitcoin would have entered $35000, but like we always say, it is all speculation and not that we have any tool to properly analyses this.
Accuracy in the prediction can't be expected with bitcoin price. It is done based on different calculations in comparison to the previous year as well as the time period connected with halving. These days more discussion is about the growth, and this has occurred on account of China's decision. We aren't sure, as there is nothing official or a perfect tool to calculated the move.

The price has recovered after falling low to $7500. Once the price began to fall from $8000 people started to speculate as a time for buying and the drop will continue for a long. To the expectation market behaved in the opposite direction with bitcoin reaching above $9000. I believe once the price will drop low before it gives a price pumping of the year.

The situations is somehow explainable to most people who bought btc during slight pumps, in which some traders surfed out then ride on to the wave of price bounce. Someone might expect another bulls tried to blast off the bearish period, but still it was frustrating to watch the trend tremendously goes down after $10K breakthrough was hit at few seconds then back at almost $9K and beyond. It's not a big deal if the price go dipper, as long as it strikes a good price after and bulls will now take its dominance someday.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
Speculation is what majority of us have actually been using too and none of us is really so sure of what the future price of any coin will be. Bitcoin has been on a bull run for long time now, we only don’t have it is its full form, and for it to come in its full form, I think that it will be that next year as you say because of the halving.

The expected halving will make people to want to buy bitcoin then in anticipation that the value will rise after the halving, so there is every possibility that FOMO be present there, making the value to shoot till it reaches another new peak, and by this time next year, I am so optimistic that the value of bitcoin would have entered $35000, but like we always say, it is all speculation and not that we have any tool to properly analyses this.
Accuracy in the prediction can't be expected with bitcoin price. It is done based on different calculations in comparison to the previous year as well as the time period connected with halving. These days more discussion is about the growth, and this has occurred on account of China's decision. We aren't sure, as there is nothing official or a perfect tool to calculated the move.

The price has recovered after falling low to $7500. Once the price began to fall from $8000 people started to speculate as a time for buying and the drop will continue for a long. To the expectation market behaved in the opposite direction with bitcoin reaching above $9000. I believe once the price will drop low before it gives a price pumping of the year.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
Speculation is what majority of us have actually been using too and none of us is really so sure of what the future price of any coin will be. Bitcoin has been on a bull run for long time now, we only don’t have it is its full form, and for it to come in its full form, I think that it will be that next year as you say because of the halving.

The expected halving will make people to want to buy bitcoin then in anticipation that the value will rise after the halving, so there is every possibility that FOMO be present there, making the value to shoot till it reaches another new peak, and by this time next year, I am so optimistic that the value of bitcoin would have entered $35000, but like we always say, it is all speculation and not that we have any tool to properly analyses this.
hero member
Activity: 2716
Merit: 552
The very recent Bitcoin bounce back just broke the bearish line, so, we retrieve from going into the bear season. Now I gotta say the crypto market won't see a downfall this year. People are talking about Bitcoin at 20K USD by the end of the year, I didn't agree with this prediction, but now I think it can happen too. So, you can loudly say, bulls are coming back into crypto!

It's too early to say that we're about to have a bull run. Remember $10,000 is supposed to be the support level since we left that figure from the last time we have an ATH, and right now we can barely touch the $10,000 level again after it went down from the other day's pump.
Let's have to wait until it breaks the resistance level before we celebrate for the bull to come in the market.
hero member
Activity: 1008
Merit: 501
The very recent Bitcoin bounce back just broke the bearish line, so, we retrieve from going into the bear season. Now I gotta say the crypto market won't see a downfall this year. People are talking about Bitcoin at 20K USD by the end of the year, I didn't agree with this prediction, but now I think it can happen too. So, you can loudly say, bulls are coming back into crypto!
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Indeed we would love it to become a bull run for facing reality that is just wishes. At this very time bitcoin price is dangling with 7450$ price value so this said the bull run is a bit far from bitcoin's reach
The bull is being beaten by the bear as we are witnessing the downfall to this current situation, Bitcoin is not in a good shape right now and if weak holders
will continue to follow the current movement there's a lots to expect from the market downwards.
Time to buy for investors who still looking for long term and will not be worry if in case the price will fall more deeper.
I think now, people just need money more form the market and we have to know that it is not every money that is being kept in the market that is actually meant to be there for life, people have different reason why they put bitcoin in their wallet and decisions can be made at any time, at this particular time, someone must have made a very big decision that involves huge amount of money.

All these we really cannot avid seeing happening, the people we call bears actually have right to their money, what we just need is adoption, if we have adoption from people on the level of payment and not just for investment, we can always see that bitcoin value will rise more than it dumps, but if it is still the level of investment alone, there will always be more dump than a pump.
sr. member
Activity: 903
Merit: 391
Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
sr. member
Activity: 1218
Merit: 251
Current price rise isn't enough to conclude that we have conutinuous and stable bull trend. To my opinion is more temporary price pump trend that will not last too long. Price has not continued to grow and we might experience some more corrections. I don't think we will see true bull run this year.

Obviously, it was just pump to look as if we are in a bull run. But the whales might be setting everyone for a bull. trap here so be careful. And after that pump, the price seems to be on another swing, but the good thing is that we have now a strong support @$9k and I do hope that it will hold and sustained until a new break out pattern emerged @$10k.

So is this just a series of whales controlling pumps on the market for bitcoin? we don't know what will happen next I think the bullrish trend hasn't come yet this is only temporary, bitcoin 9.3k is currently in 2% down condition but i think this will touch to 8.7k as the lowest.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
I think it would start to go up now but we don't know how far it could go from this point.
There are so many speculations and I wonder how much it could really come true ,
We have so many speculations about this year ends price for 1 BTC and I think it would be high since we are also expecting the halving next year.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
The price of bitcoin had been crazy just a few days ago, suddenly dropped and pumped. However, compared to the price during the first quarter of the year, I guess the price is slowly recovering and increasing as the halving approaches. Slow growth is healthier than a sudden pump, so I guess we will see a few pumps and dumps once more but we will see the price slowly increasing.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market  Angry Angry
Crazy that you wrote this post only four days ago and in that time bitcoin's back up to over $9300.  


We can keep saying how crazy Bitcoin is, and it just never gets old does it?

We've all been here before, this has all happened before, and we'll be here tomorrow to say that again and again, but it's crazy how people still keep getting caught out, keep getting surprised, and keep returning to their old mantras of doom and gloom when the slightest signs of pullback show up.

I thought they still teach big picture in school =p
hero member
Activity: 2660
Merit: 551
Current price rise isn't enough to conclude that we have conutinuous and stable bull trend. To my opinion is more temporary price pump trend that will not last too long. Price has not continued to grow and we might experience some more corrections. I don't think we will see true bull run this year.

Obviously, it was just pump to look as if we are in a bull run. But the whales might be setting everyone for a bull. trap here so be careful. And after that pump, the price seems to be on another swing, but the good thing is that we have now a strong support @$9k and I do hope that it will hold and sustained until a new break out pattern emerged @$10k.
sr. member
Activity: 1120
Merit: 255
There is no one in this world who can predict price of bitcoin (especially with TA), price predictions are as volatile as Bitcoin itself, with many of the predictors flip-flopping on their predictions. but I can tell you one thing for sure, that the super bullish is coming. last time, when Bitcoins crashed, the recovery was amazing and exceeded my expectations.

One of the things I know is bitcoin will be more popular in two years and more people will want to hold this cryptocurrency. this tendency will boost the price in the raising direction in value. next year should be exciting. More and more countries start talking about fully recognizing it as currency, ATMs network is growing strong, more places start to accepting bitcoin as payment method. i think we have bright future and have good time to be alive. There are plenty of opportunities to make money from bitcoin, it's developing and adaptation.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Current price rise isn't enough to conclude that we have conutinuous and stable bull trend. To my opinion is more temporary price pump trend that will not last too long. Price has not continued to grow and we might experience some more corrections. I don't think we will see true bull run this year.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
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.

Price are just changing from 7,500 $ range. Sudden change lately may be made by those people who manipulates the market. Right now we're are experiencing bear market though aren't this something proper time to buy some coins bitcoins? I am confused whether to buy or not 'cause market maybe could go lower than it already today. In addition, sooner bulls might come in or maybe such sudden changes are just hint by an incoming bull run what ya think?
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
The bull run is not yet started and what we experience a few days ago is just a bull trap. As of now the price of bitcoin still remain at the price of 9200$ and until now there is no up or down movement unlike yesterday you can see a changeable movement. We still do not know when the bulls start but I'm quite sure that bull run might happen after the bitcoin halving that will happen in May 2020.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market  Angry Angry
Crazy that you wrote this post only four days ago and in that time bitcoin's back up to over $9300.  

I'm not saying the bulls are back, but at least some of them are and they're buying bitcoin left and right.  I'll be happy if we stick around at this level for a while, as it would restore some faith that some traders probably lost after the last dippity-dip.  In any case, those weak hands were shaken out just as they always are--and hopefully the bull run that we saw earlier this year can resume.  I'd really like it if bitcoin could spend most of 2020 above $10k, but I might be a little too hopeful.  But maybe not.

$7475 currently.
Can plummet to $6K
Guess that didn't happen, eh?
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Extremely surprising to me. I don't think that this level of growth is sustainable in the short term, but in the long run, this could be the spark for the next bull run for sure.

The $9k resistance has been broken through in no time it seems.

I think that $10k should still pose a significant resistance, but obviously that is unclear right now. I personally can see an adjustment happen very soon, since this seems a hell of a lot like a short squeeze.
I want to believe that we already have some institutional investor that entered the market which is why we could break the $9k resistance with about 56 billion dollars, but with this spike, I expected fomo to actually take some part in it but yet to see the effect of that which I am still waiting a little bit to monitor the price and see what will actually happen within the next few days or few weeks of this sudden increase.

I don’t think that the value will decline again from that $9k and I t think we have already broken that resistance for good, but if the value still drop below its current price, it will still be a good buy for some people, because sometimes it is good to just be buying nay dip that we can buy in bitcoin, someday, the value will rise above that purchase.
hero member
Activity: 1638
Merit: 518
nowadays, i guess yes.
finally bull see some good signal to join again to the market.
and i guess it will likely find extreme resistance ,and also added a number of factors from the bakt and bitmex markets to make sure btc won't drop below 8000 anymore.
hero member
Activity: 1666
Merit: 753
Extremely surprising to me. I don't think that this level of growth is sustainable in the short term, but in the long run, this could be the spark for the next bull run for sure.

The $9k resistance has been broken through in no time it seems.

I think that $10k should still pose a significant resistance, but obviously that is unclear right now. I personally can see an adjustment happen very soon, since this seems a hell of a lot like a short squeeze.
sr. member
Activity: 1036
Merit: 275
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/

This is just the beginning of the bull run of Bitcoin. The price of Bitcoin will be hitting $12k in the first week of November and gradually move back to $20k just like in 2017. But 2020 will be the year the market value of bitcoin will never drop below $8k.
legendary
Activity: 3080
Merit: 1353
$7475 currently.
Can plummet to $6K

Yeah, but the price goes to $8600 in the last 24 hours. So I guess we have to wait for your $6000 scenario so that we can buy and stash more BTC in our wallet.  Grin. Good to see though that we have a tremendous recovery today. But I think we are going to trade on a sideways pattern and going to repeat itself until we make a break out run until the end of the month. So let's see how it goes, the CME's future expiration today has something to do with the sudden boost, but that's just my speculation.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
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/
I still feel that it may be too soon to say exactly, just because the market makes a slight recovery, doesn't necessarily mean we're back on the bull run. I think that regulatory scrutiny over libra and the recent rejections over a few ETF proposals have caused the trust to slip and the market is effected by it.
   Their is no choice now but to try and remain optimistic while we wait and see.
newbie
Activity: 38
Merit: 0
$7475 currently.
Can plummet to $6K
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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.

I don't know whay you're so pessimistic. We were in a bull run for the last 6 months!
A bull run doesn't have to take us to a new ATH. When a tradable asset keeps going up for a month or 2 and ends up with a 300% profit how are you going to call it? A pump? A pump is something that lasts a few hours or a day not months.

for me its not a bull run . the prices were too low for me to call it a a bull run but i will only say that its a bull run once btc return on the 15k+ level   . i dont know to some because other have thier own preference of a bull run  .  bull run does depend on every person  .  pump can also be refer to as a bull run .

This could be because you've never traded other assets. Cryptocurrencies are extremely volatile and taught investors to disregard something like a 20% run up. In a traditional market or forex a 10% run would be big.. You've just experienced a 300% bull run to 14k USD, followed by a 45% correction and think it wasn't something big. It was!

If we were to follow a typical bitcoin pattern we'd go up by at least 500% and then correct 80-90% down. That would take us somewhere around 5000 dollars but this wasn't a 500% run so we cannot compare.
hero member
Activity: 1036
Merit: 514
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/

This didn't age well. The price is barely holding on at $7.500 now. But, that's what the price does. There are no real ways to predict where it will go next.

What do you mean "didn't age well"? Extremely ambiguous.
Bitcoin in bear phase right now, probably testing the new resistance level or continue to decline.
There are a lot of TAs predict bitcoin will drop to $7000 since last month, here we are.
Nevertheless, it should be just a temporary before bitcoin rebound to $8000 level due to we're approaching the end of the year and halving.

full member
Activity: 938
Merit: 105
I think it is too early to say the bulls are coming because the price is still showing bears, yes there might be an upward trend of but I think it will still in bearish trend even in the early 2020. I know we’ve been waiting for the bulls and it showed quite a bullish trend in the past months but we shouldn’t think right away that its bullish after few pumps to avoid disappointments.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
I don't think we're on the bull run phase because I see the market status as normal and usual. There's just a small pump so we can't consider it as a bull run. However, there are speculations that the price of BTC could stike higher until the beginning of 2020. Let's only conclude that the bull run is there if we're already reaching a good price.
We are still below $8k and yes, we are still unable to tell the next bull run.It is still unknown since no one can actually predict the outcome of its price, we do hope that in the early 2020 bull run will really come, we are all hoping to see another ATH not only for bitcoin but also in other cryptocurrencies.
sr. member
Activity: 1596
Merit: 335
I don't think we're on the bull run phase because I see the market status as normal and usual. There's just a small pump so we can't consider it as a bull run. However, there are speculations that the price of BTC could stike higher until the beginning of 2020. Let's only conclude that the bull run is there if we're already reaching a good price.
member
Activity: 560
Merit: 14
Indeed we would love it to become a bull run for facing reality that is just wishes. At this very time bitcoin price is dangling with 7450$ price value so this said the bull run is a bit far from bitcoin's reach
sr. member
Activity: 728
Merit: 254
Bitcoin is volatile. It does not mean that when it increases, we can say that it's already bull. It doesn't even loook like a bull run. We can't always say it's bull just because the price suddenly increase. It's doesn't even pump that much.
full member
Activity: 378
Merit: 101
Estimated.Pro - Crypto Signals. Free.
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/

This didn't age well. The price is barely holding on at $7.500 now. But, that's what the price does. There are no real ways to predict where it will go next.
jr. member
Activity: 60
Merit: 1
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/

Unfortunately, I doubt that the bulls are here. There are no prerequisites for the restoration of Bitcoin, it stands still and the price goes in waves
jr. member
Activity: 66
Merit: 1
Unfortunately the price fell again. Why do you think the price is so unstable?
newbie
Activity: 56
Merit: 0
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/

I think such jumps are short-lived. This reminds me of the situation of last year when Bitcoin was like a roller coaster making jumps by 6-8% and then at one point fell to $5000 at one day. In my opinion it can happen again
full member
Activity: 1638
Merit: 122
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.

I don't know whay you're so pessimistic. We were in a bull run for the last 6 months!
A bull run doesn't have to take us to a new ATH. When a tradable asset keeps going up for a month or 2 and ends up with a 300% profit how are you going to call it? A pump? A pump is something that lasts a few hours or a day not months.

for me its not a bull run . the prices were too low for me to call it a a bull run but i will only say that its a bull run once btc return on the 15k+ level   . i dont know to some because other have thier own preference of a bull run  .  bull run does depend on every person  .  pump can also be refer to as a bull run .
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
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.

I don't know whay you're so pessimistic. We were in a bull run for the last 6 months!
A bull run doesn't have to take us to a new ATH. When a tradable asset keeps going up for a month or 2 and ends up with a 300% profit how are you going to call it? A pump? A pump is something that lasts a few hours or a day not months.
sr. member
Activity: 672
Merit: 254
It's sad that Bitcoin market cannot sustain the $8000 support, OP had gotten a false hope of bulls coming back but instead that was a bull trap.  So basically, we are still on a bear market and some analyst stated that bottom will possibly be seen on December :  https://www.tradingview.com/chart/BTCUSD/izJdUZVG-BITCOIN-Bottom-in-December-See-this-scary-coincidence/
I also thought that we could stand 8000, but there is also a backlash. I think that we definitely must hold 7000. I left a buy order there. but I also plan to buy at 7500.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
It's sad that Bitcoin market cannot sustain the $8000 support, OP had gotten a false hope of bulls coming back but instead that was a bull trap.  So basically, we are still on a bear market and some analyst stated that bottom will possibly be seen on December :  https://www.tradingview.com/chart/BTCUSD/izJdUZVG-BITCOIN-Bottom-in-December-See-this-scary-coincidence/
newbie
Activity: 113
Merit: 0
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.

I don't know what to think anymore. I thought Bitcoin was going to blast off a couple of months ago and so far it has done the exact opposite. I stopped trading crypto. I watched it every day before.  Now I check the price of BTC about twice a week ... I hope for you hodl'rs it still has a fight back.

I wouldn't mind trading again either but there needs to be more volatility for me to enter trading positions. Good Luck!
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
Enjoy 500% bonus + 70 FS
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
★Bitvest.io★ Play Plinko or Invest!
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
CryptoTalk.Org - Get Paid for every Post!
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 $8k which I think that you're wrong thinking of bullish. Being optimistic it sometimes causes failure by then, not actually we all just be positive but also we need to realize how the market really changes. It wasn't the same as what happens before where we can see huge pump during the BER season.
legendary
Activity: 3360
Merit: 1203
Same questions every day ...at least make your own technical analyze instead of simply publishing an article, it would be much viewed and discuss. Bitcoin will go nowhere this month and that is a fact , it will simply bounce between this range and maybe even take a deeper dive under 7.5k$. 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.
sr. member
Activity: 1190
Merit: 306
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.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
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/

BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market  Angry Angry
@OP seems like you lack an update, the article was written on 21/10/2019 meaning it was written 3 days ago. Right now the price of Bitcoin based on what I saw on CMC is at $ 7439.  if we discuss Bullish markets, it looks like Bullish will not happen anytime soon!!
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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.
full member
Activity: 401
Merit: 108
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/

BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market  Angry Angry
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
I think BITCOIN will still have some ground to cover as it consolidates but I see it may be going down a little while more before it starts a nice and steady uptrend. I don't see Bitcoin going too high though before the middle of 2020 for some reason and am banking on this delay so I can manage hopefully to make at least half or one Bitcoin by then. I hope all of us can make something before the next rise, I don't want to miss the next bull run but I am not doing as well this year as I was doing back in 2016/2017. Now the wells are dry for us little fish.  Cry I wonder who will be the big market movers in the next round, will it be retail or institutional investors? Last time everyone and anyone came into to FOMO hard.
jr. member
Activity: 44
Merit: 3
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/
Jump to: