Topic: Bitcoin price review by Tom Lee (the major analyst of Fundstar Global Advisors) - page 2. (Read 307 times)
April 25, 2018, 07:28:40 PM
this is making everybody happy. hopefully this rise will continue moving forward. i am expecting this rise, it very much expected.
April 25, 2018, 07:01:34 PM
waaw ,, this is good news. after a crisis for several months yesterday, bitcoin will repeat its achievements at a high price. I am very enthusiastic to hear such news, hopefully this is the beginning of the reoccurrence of bitcoin glory ..
April 25, 2018, 06:59:45 PM
I think there's much more to the reversal than just the end of tax season, it surely contributed in some part. I think a large part was that there was shown to be strong resistance around 6k with little appetite to push the price lower. The few weeks we spent there were enough for people to become confident a bottom had been found.
April 25, 2018, 06:57:25 PM
Yes,,that's right...Bitcoin finally came back after three months later almost lost the value to 48 percent...probably because more news about companies participating in the crypto market, bitcoin valuations will continue to increase steadily...and then There has been a shift in sentiment towards cryptocurrency in a more positive direction, marked by Bitcoin's soaring price compared to last week,..This indicates that a large investment has begun to see the clarity and flow of money in digital currency transaction services...
Definitely, the fully adaptation of many establishments and company are really help to the progress of bitcoin system. They will bring the positive things to btc therefore it affect to the movement of it's value in the market. The continuously soaring high of btc value maybe because day after day there will be an increasing adaptation happened. Even if there are negative news spreading worldwide regarding to crypto scamming there are some establishments and a huge of people that still believe and supporting to bitcoin system that's the reason why the negativity will turn in positive things.
What establishment adoption you are saying? While I don't see any news about big adoption coming with bitcoins, But as the matter of fact the truth behind this is the regaining back the trust of the panic sellers and whales since they don't see any major upset came with bitcoins. And although the dumping of bitcoins continuously occuring well we shouldn't worry about this since there are huge jump will came and that's for sure.
April 25, 2018, 06:50:49 PM
I expected that 10K was a strong barier for bitcoin and it could not go this barier at once.
Now we need to wait some days to see what will happens to make a financial decision.
Now we need to wait some days to see what will happens to make a financial decision.
April 25, 2018, 06:49:04 PM
Yes,,that's right...Bitcoin finally came back after three months later almost lost the value to 48 percent...probably because more news about companies participating in the crypto market, bitcoin valuations will continue to increase steadily...and then There has been a shift in sentiment towards cryptocurrency in a more positive direction, marked by Bitcoin's soaring price compared to last week,..This indicates that a large investment has begun to see the clarity and flow of money in digital currency transaction services...
Definitely, the fully adaptation of many establishments and company are really help to the progress of bitcoin system. They will bring the positive things to btc therefore it affect to the movement of it's value in the market. The continuously soaring high of btc value maybe because day after day there will be an increasing adaptation happened. Even if there are negative news spreading worldwide regarding to crypto scamming there are some establishments and a huge of people that still believe and supporting to bitcoin system that's the reason why the negativity will turn in positive things.
April 25, 2018, 05:29:44 PM
Taxes are a decent explanation, but how would you explain the price drops in January and February. These months are always bringing some new lows to cryptocurrencies. If the tax year ends in April, there shouldn't be such significant movements 2 or 3 months earlier. If we explain this recent pump with taxes then we should also explain the recurring drop with this same thing.
April 25, 2018, 03:40:12 PM
Since USA is a major player in the world economy and USA also have many people investing in bitcoin so any negative decision of USA government towards cryptocurrency will directly affect the price. We have gotten so many goods news that is strong enough to propel the price upward. Today's red is just momentary.
I agreed with your statement, USA is considered as a bitcoin place were is bitcoin begun. So, if the USA will having an issue regarding bitcoin it has a really big impact on the market, we consider at that place they having more investors in bitcoin.The USA is the widest investors in bitcoin we will not surprise for that matter, at this country may lead to the asian countries that now adopting bitcoin.
April 25, 2018, 03:19:46 PM
Since USA is a major player in the world economy and USA also have many people investing in bitcoin so any negative decision of USA government towards cryptocurrency will directly affect the price. We have gotten so many goods news that is strong enough to propel the price upward. Today's red is just momentary.
April 25, 2018, 02:53:27 PM
I really think that the U.S. Tax day really affected the price, since most investors and whales that are residing in U.S. would also like to avoid paying high amount of tax based on their crypto holding and income. The price starting recover when the tax day was over which was speculated by a lot of people.
April 25, 2018, 02:46:45 PM
After three months the bitcoin price is increasing, it makes many investors who invest in bitcoin. There are some positive news coming about bitcoin. Hereafter the bitcoin values is increasing day by day. So if you have funds just invest in bitcoin and save the bitcoin for future. In future the price will touch the moon. Like last year this year also the price of bitcoin will be break the record.
April 25, 2018, 02:02:40 PM
Yes,,that's right...Bitcoin finally came back after three months later almost lost the value to 48 percent...probably because more news about companies participating in the crypto market, bitcoin valuations will continue to increase steadily...and then There has been a shift in sentiment towards cryptocurrency in a more positive direction, marked by Bitcoin's soaring price compared to last week,..This indicates that a large investment has begun to see the clarity and flow of money in digital currency transaction services...
April 25, 2018, 01:40:16 PM
I always thought that the main holders,and therefore movers of crypto prices, were Asians. Any good news for cryptos is welcome.
April 25, 2018, 01:13:17 PM
Bitcoin Price Rebounds After Tax season
On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion, the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion, the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
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