Author

Topic: Bitcoin price raised by $1000 within one hour. Is it a good signal? (Read 327 times)

member
Activity: 282
Merit: 10
It was more then one hour but you are right , bitcoin has grew 1000 $ in almost 2 hours . But Unfortunately he has dropped again with the same number he has grew .  He dropped with 1000$  . Its strange , bitcoin is a strange think , he is dropping and then he is coming back , he is growing again . I have no ide why this is happening.
newbie
Activity: 7
Merit: 0
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.

Are you part of them (Investors). If you have digital gold will you sell it as soon as possible?
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
It's a good sign considering how low the price was in these weeks .Now the price decreased from 10000$ to 9200$ and i think that it'll continue to do that , but maybe over a few weeks will increase again.
newbie
Activity: 7
Merit: 0
No need to wait anymore, this is a very waiting thing for many people. Maybe a lot of people are in line with my mind that selling digital gold is the right move to buy it again (Bitcoin) when the price drops drastically. Of course this is the best thing if the people wait is the rise in the price of digital gold. Grin
hero member
Activity: 714
Merit: 500
Bitcoin price suddenly increasing and decreasing highly is not good for bitcoin.It would just increase the volatile nature of bitcoin.Gradual increase and decrease only would build trust among investors over bitcoin.However new investors would get excited on seeing such price hikes and would immediately buy bitcoins.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
this is more like a good sign than a good signal.
I have never been a great trader, but I know the difference between a signal and a sign.  My opinion is that what we're seeing right now with the price bodes well for bitcoin, and all cryptos too.  Could it be a good trading signal?  Yes, if chasing momentum is your strategy and that's actually proven to work in the short term.  Never had luck with it myself because of trigger shyness, but this is another matter.

Any huge jump is good news for bitcoin.  We have been beaten into the dirt for too long now and I, like I'm sure many others here, have been waiting with bated breath for the rise back to $20,000.  Can't wait!

I, myself, never had luck with short term trading. But I joined to the cryptocurrency world in the wrong time. It was when BTC price sky rocket last year december. Can't wait to see the rise of BTC again.
Just stay calm and wait till you see the huge jumped again, as you mentioned that you came in last decemebr where the new height has been reached
better to keep holding and wait till you reached another new peak, as we knew that bitcoin will go back to that height or much even stronger than what
we expecting to see, just keeps on waiting that's key to earn bigger.
newbie
Activity: 15
Merit: 0
I think this is quite interesting if bitcoin increases $ 1000,
because the currency is easy to play with its value, has no intrinsic value at all, worse than paper money and demand deposits, which makes it easy to make the third world economy easy on the ebb Grin
newbie
Activity: 49
Merit: 0
this is more like a good sign than a good signal.
I have never been a great trader, but I know the difference between a signal and a sign.  My opinion is that what we're seeing right now with the price bodes well for bitcoin, and all cryptos too.  Could it be a good trading signal?  Yes, if chasing momentum is your strategy and that's actually proven to work in the short term.  Never had luck with it myself because of trigger shyness, but this is another matter.

Any huge jump is good news for bitcoin.  We have been beaten into the dirt for too long now and I, like I'm sure many others here, have been waiting with bated breath for the rise back to $20,000.  Can't wait!

I, myself, never had luck with short term trading. But I joined to the cryptocurrency world in the wrong time. It was when BTC price sky rocket last year december. Can't wait to see the rise of BTC again.
sr. member
Activity: 1190
Merit: 306
this is more like a good sign than a good signal.
I have never been a great trader, but I know the difference between a signal and a sign.  My opinion is that what we're seeing right now with the price bodes well for bitcoin, and all cryptos too.  Could it be a good trading signal?  Yes, if chasing momentum is your strategy and that's actually proven to work in the short term.  Never had luck with it myself because of trigger shyness, but this is another matter.

Any huge jump is good news for bitcoin.  We have been beaten into the dirt for too long now and I, like I'm sure many others here, have been waiting with bated breath for the rise back to $20,000.  Can't wait!
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
I also hope that we cross 8500$ soon. Its been few says bitcoin price is between 8000 to 8400$ and this is not getting pass 8500$. The reason is that bitcoin price has high resistance at 8700$ and then at 9200$. Once it cross 9500$, then we can safely assume that we are in a bull run.

It just took one day after your post for Bitcoin to cross $8,500. It also crossed the high resistance level of $8700 that you mentioned. It will take some time before Bitcoin crosses $9,200 but I prefer it that way. When you have a mad rush and people scrambling to buy bitcoins, it inevitably results in a crash.
legendary
Activity: 1232
Merit: 1091
I'm positive about this year but i'm keeping my expectations modest

Same here. The problem is that people are too focused on a recovery, while honestly speaking, what is there to recover? The market has had to deal with two faces in the last 6 or so months, where the speculative hype demand made the price reach record levels, while after that the adjustment back to regular demand made the market fall back down to levels significantly lower. We have to start building our way up from scratch again, which is something I can only support. Speculative hype cycles are part of this market, but have never been reliable -- the only correct option to follow is to sell in such scenarios to later re-enter the market. It will be interesting to find out what the next bull run will look like. If it's as extreme as last year, my conservative prediction of $50,000 before the block halving will be peanuts, lol. Cheesy
member
Activity: 462
Merit: 14
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



In my opinion it is a good signal for the crypto traders. It is the right time to buy BTC. Usually this kind of fluctuations and high jump comes only when there is any change of rule or development in relation to crypo currency. So every country should regularize the cryptocurrency. 
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy
This jump increase is due to good news about Bitcoin and some investors from wallstreet who will enter the market, we should be positive that after this quarter the bull trend will continue to run.

I don't think it can be considered as a bulltrend yet at this point. Yeah the price increased quite a lot in a short time but it's not an indication of an actual bull reversal. Not yet. A lot can still happen and even now a few corrections are shaping up. I'm positive about this year but i'm keeping my expectations modest
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.

I also hope that we cross 8500$ soon. Its been few says bitcoin price is between 8000 to 8400$ and this is not getting pass 8500$. The reason is that bitcoin price has high resistance at 8700$ and then at 9200$. Once it cross 9500$, then we can safely assume that we are in a bull run.
full member
Activity: 406
Merit: 100
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy
This jump increase is due to good news about Bitcoin and some investors from wallstreet who will enter the market, we should be positive that after this quarter the bull trend will continue to run.
hero member
Activity: 1806
Merit: 672
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.
It can touch 8,500$ this week but we need to be realistic. Do we really need Bitcoin to go up this fast? I mean 1,000$ in just 30 minutes is fast enough. Rather than Bitcoin gathering up market confidence a lot of people will see this as some kind of huge manipulation. It barely has touch 8,400$ which means the bulls and other people are now scared of attempting another price rally because of how the way Bitcoin broke from the 6,800$ level. If we want to see Bitcoin go up in  good manner we must see it crawl its way back up.
full member
Activity: 644
Merit: 107
after bitcoin Go to pieces in the last few weeks, finally we can now see the price back increased. I'm still wondering, is it time for an actual increase or just a bull trap? yes, I hope this is an improvement that will bring the price to the next level. yesterday's increase has been a lot of fun for traders and investors alike. but, not a few also who regretted having sold it at the weekend yesterday. we will soon pick up the price we want in this year.
sr. member
Activity: 602
Merit: 255
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.
newbie
Activity: 149
Merit: 0
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This is indeed a very good and encouraging improvement for bitcoin price increase. For many months we have been waiting for price  increase and this now is very positive movement. I hope that it will continue to increase. Many are still hoping for more increase for the previous months decrease of price and they are hoping to recover soon..if it will continue to rise this will really make investors to join the cryptocurrency industry making the market more lively and profitable.
member
Activity: 173
Merit: 10
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy


I wish it too. This is a good signal to the holders of Bitcoin. But I think it's just a feeling that Bitcoin will increase. Slowly but surely like many said. Be patient
legendary
Activity: 1036
Merit: 1002
this signal is not entirely good and maybe it will be corrected again ,once the dip occurs it will continue to rise until it can't go drop again ,yeah bitcoin can't go drop again friends and everyone will lose the opportunity buy this low price well this still looks very low to me and fully have not a got definite signal yet


Possibly the price corrections takes place after sudden fluctuations may occur because of some investors decided to grab this good oportunity of selling. Indeed, if you have to think of huge profit you'll not to decide quickly to sell early because the signal right was just a temporary signs which is showing us the signs that price may rise even more higher than now. So for now, its a good idea to grab the low price buying and that investments will eventually grow for a few months when bitcoin's price pump's higher. Good and certain signals isn't having high and low fluctuations, but instead the trend is upward movement of the btc value.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
The more violent the move the less inclined I'd be to trust it, especially when it's in a market as uncertain as this one. Amateur and FOMO money has probably vacated and now all that's left is bots and whales all trying to fuck each other over.

If it can rise that rapidly there's absolutely nothing stopping it going just as fast in the opposite direction.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Not like a good signal. It looks like a whale trap. They are fishing for sharks and fry. when I see such a sudden increase. I will not buy for any reason. too dangerous
It's not a trap mate. The sudden rise is shocking but it's not a trap, due to the fact that we've been slowly moving after the correction. And of course why it was on high, you shouldn't buy when the price is at the top. But if you believe that it will rise soon, then you should buy.

I consider it as an indication that the bear market is quite done.
hero member
Activity: 2156
Merit: 531
this signal is not entirely good and maybe it will be corrected again ,once the dip occurs it will continue to rise until it can't go drop again ,yeah bitcoin can't go drop again friends and everyone will lose the opportunity buy this low price well this still looks very low to me and fully have not a got definite signal yet
hero member
Activity: 1666
Merit: 753
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



It's probably not a signal of a bull market. Although some people think that it is, I simply do not see any evidence of the momentum that is required for this pump to result in a outright trend reversal.

I would actually not buy right now because prices are high compared to previously.

As pooya said, when prices drop that's the real signal to accumulate. Right now, the rise in price is just that, nothing more. Not really a signal, unless you're a trader and you want to take some profits from your buys @ the dip.
member
Activity: 490
Merit: 17
To me it is a good signal and we should expect more of this push in some days to come. Bitcoin has been having a very high dumping for quite sometime now and actually we are to see a little upward movement as an opportunity to sell the long term holding.
hero member
Activity: 1218
Merit: 557
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy


It is good pump in three days ago but currently Bitcoin is red so no one is predict the exact information in Bitcoin hype. This is unexpected fall in Crypto market and every one analyse the future possibilities of Bitcoin. Now some good signals are come to my PM. Bitcoin legalisation is discussing in seven countries so huge pump is expected in end of this month.

It is a good thing and it was due from long time. Thus it was stored form months which just got burst out and raised that much in short time. So nothing much to worry as from couple of days it is still trading at 8k and above and seems to be looking for another bull run.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy


It is good pump in three days ago but currently Bitcoin is red so no one is predict the exact information in Bitcoin hype. This is unexpected fall in Crypto market and every one analyse the future possibilities of Bitcoin. Now some good signals are come to my PM. Bitcoin legalisation is discussing in seven countries so huge pump is expected in end of this month.
member
Activity: 280
Merit: 10
Not like a good signal. It looks like a whale trap. They are fishing for sharks and fry. when I see such a sudden increase. I will not buy for any reason. too dangerous
full member
Activity: 294
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
The large spike was down to a large investment from someone or some group of people somewhere. While it in itself doesn't mean that much, the knock on effects are what's important. People take it is a promising sign when the price spikes like that and then they feel more confident in purchasing bitcoin, or more confident in holding their existing holdings. This is what I believe happened and lead to the continued and steady rise from $7000 through to $8000.
member
Activity: 546
Merit: 17
of course, brother! this is great news for users and merchants. bitcoin looks as easy as pie to break the price or breaks to the level of $ 8000.
at all events, it looks like the price will continue to rise again, I will continue to have fun seeing this pretty good rise.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
this is more like a good sign than a good signal.
this rise proves that the demand for bitcoin is still pretty hot and there are a lot of traders standing on the sidelines with a lot of money in their hands waiting to come back in. they went out and stayed out ever since the sideways and unreasonable drops started to happen and market became hard to predict.
to be 100% sure I would wait until end of today and see what will happen. if the rise continues it can be signal for the bull market on the horizon.
STT
legendary
Activity: 4102
Merit: 1454
a big ass drop is a good signal for bitcoin, a signal to buy bitcoin at a big ass discount. but when the price has risen it means you failed to buy the dip and missed the discount day and now you are going to be forced to buy at a higher price and keep on missing out on further rises when you miss out on buying at that higher price!

Depends on your attitude, its really alot safer to buy into a rising trend then constantly try to guess the bottom price.    Also it depends on time scale, do we watch price by 5 minutes, half an hour, 4 hours or a day.

Watching price by a day and deciding its a good rise is perfectly reasonable.   Alot of short interest was stopped out in this rise and thats why it was so abrupt, just like a leveraged buyer will quickly get stopped out.

My personal take is to measure the rise by the fall previously.  In those terms also its done well and I consider it very bullish it didnt need to confirm back to 7200 or even go below 7500 in the immediate selling after a rise.  Theres always some waiting to sell just after a rise, thats a healthy market to have both buyers and sellers waiting.

So this area upto 8100 is a place we went sideways on the way down and it take a bit longer on the way up also I think:

newbie
Activity: 111
Merit: 0
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy


Yes this is indeed a very abrupt yet positive price increase in bitcoin!  As to the reasons why it has increase nobody can tell yet, if this is another hype will i guess it has successfuly encourage new investors. These price increase was for me possible in a the month on May but it blow up in just a matter of 45minutes wow.., this is so amazing..
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Good signal? Good signal for what exactly? It's probably just good 'ol cryptocurrency volatility. Definitely glad to see a significant(kind of) increase though.
member
Activity: 672
Merit: 32
Since the night has indicated the existence of bullish, now true happened and in my opinion it is very fantastic with the value of Bitcoin up $1000 in one night. As we expect this to happen continuously because Altcoin definitely follows the bitcoin value.
legendary
Activity: 3472
Merit: 10611
a big ass drop is a good signal for bitcoin, a signal to buy bitcoin at a big ass discount. but when the price has risen it means you failed to buy the dip and missed the discount day and now you are going to be forced to buy at a higher price and keep on missing out on further rises when you miss out on buying at that higher price!
newbie
Activity: 49
Merit: 0
As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy

Jump to: