Predict a recover after a sharp fall?
Not the smartest theory around.
Topic: Bitcoin price will rebound tonight according to theory! - page 2. (Read 1134 times)
In any case, it wont go up that much in a single day. Maybe a couple hundred tops. Adding significant market cap, enough to even push the price up $100 takes a lot, A LOT of money.
The price seems fluctuating and importantly the variation has been found big as the price at present is trailing around $4200. This is a decrease in price as we went close to $5000 crossing $4900, and from the past week the price fall happens along with the entire digital currencies except very few digital currency increasing.
Bitcoin support at about $4000 is strong at the moment, so I foresee the price to be stable around $4000-$4200 until China provides some clarity into their regulatory plans for crypto. I also can see bitcoin breaking through $5,000 during the next month as well. Many new investors are getting interested in crypto, and bitcoin is the obvious first choice to get into the crypto game. Exciting times ahead for all bitcoin hodlers no matter the outcome.
banned ico bring market down
possible stop exchange further worsen the market
now is almost time for Chinese monday morning i bet you there will be some news to clarify ,downplay the banned and whole
market will rebound sharply just my 2 cents
OK, I'll be watching for the rest of the night. Your prediction is very specific,possible stop exchange further worsen the market
now is almost time for Chinese monday morning i bet you there will be some news to clarify ,downplay the banned and whole
market will rebound sharply just my 2 cents
which you don't usually see here on bitcointalk. I too am hoping you're right, but I
don't subscribe to the tenets of technical analysis. It's all a guessing game to me.
Nevertheless, China is a big player and they do have an effect on the price.
Not that I expect anyone to actually read this post, but what time do the markets
open up in China?
I'll hope that the theory is right, may I know what theory you are referring to? Is it because Monday is the start of business trading week and investors will start to invest? Sorry for my lack of knowledge about any theory regarding the bitcoin market.
Lets just hope you're right
banned ico bring market down
possible stop exchange further worsen the market
now is almost time for Chinese monday morning i bet you there will be some news to clarify ,downplay the banned and whole
market will rebound sharply just my 2 cents
possible stop exchange further worsen the market
now is almost time for Chinese monday morning i bet you there will be some news to clarify ,downplay the banned and whole
market will rebound sharply just my 2 cents
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