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Topic: Bitcoin prices are being settled to explode ? - page 2. (Read 792 times)

member
Activity: 151
Merit: 36
Bitcoin does have the possibility to increase and reach a price of 20k, but you have to have the patience to wait for the time to come, and I think to make that recovery will take a long time.

20k ain't going to cut it...
those of us who have lived thru the rise of 20k - and did not sell - are not just going to accept it rising only to 20k.
We demand restitution for the pain and suffering (the salt loans that were liquidated, the business deals that had to fall thru, us looking like fools saying "yeah, no problem, I can close in a few weeks", then having to back out and pay the cancellation fees.

Noooo sir... 20k will just be the start of making us feel better... it will have to do better than that.

I was invited to 100k parties - and I intend to make an appearance.  



copper member
Activity: 409
Merit: 1
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Bitcoin does have the possibility to increase and reach a price of 20k, but you have to have the patience to wait for the time to come, and I think to make that recovery will take a long time.
legendary
Activity: 1946
Merit: 1137
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Your theory is kinda stupid. Grin
The prices aren't waiting for anything.The whales are waiting,which leads to all the other traders waiting.
The market is waiting and this helps the bears,because if they start mass selling btc,the price will go down for sure.

Yeah, it's more of the other way around and as we can observe with what's been happening the last 48 hours, it's by far not going upwards. We may yet see another new low since the 2017 run. A stagnant movement in a price this low can take the guts out of potential new investors.
Even tough I think prices are not going up soon (it could, it might not, we don't know) I also think you are wrong too. I mean just because price is low and it dropped a bit doesn't really mean it will continue to go down. It can recover and go up by a big number as well. Hence I think we should say that we have no idea what will happen to bitcoin.

The real problem comes with the uncertain things if you ask me. If we know what will happen in the future (even if not the price but everything else) we can calculate what the price could be, however during bitcoins life there is always unexpected things that happen changing the price and honestly there is absolutely nothing we can look forward to that can take the price higher or lower hence we are just "waiting" right now.
This theory can be stupid, prices can drop more before they start to rise, anyway we cant deny positive side of this comment, lets be honest its what everyone with some coins wish to happen. This world is very corrupted, 10 years of crypto are to short, we need more time. Do you see governments across the world, what banks do in every country, who can tell me that this world is normal when kids are dying from starvation, people are still slaves, working for couple dollars, while some people are billionaires. Crypto can change many things, will it happen or not its a big question, we will need to wait and see, but I hope for the best.

the only problem that we are facing when it comes to price rise is what you just said here, and that is purely greed not speculation. everyone is currently uncertain about the rise and fall. but they are more than happy to be greedy and wait for a lower price to buy so that they can make a bigger profit.
it has always been like this after a big drop too. everyone becomes scared and stands down watching for the "absolute bottom" to buy in and 95% of them miss out buying at the bottom let alone that absolute bottom and they end up buying at a higher price.
hero member
Activity: 1694
Merit: 502
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From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Your theory is kinda stupid. Grin
The prices aren't waiting for anything.The whales are waiting,which leads to all the other traders waiting.
The market is waiting and this helps the bears,because if they start mass selling btc,the price will go down for sure.

Yeah, it's more of the other way around and as we can observe with what's been happening the last 48 hours, it's by far not going upwards. We may yet see another new low since the 2017 run. A stagnant movement in a price this low can take the guts out of potential new investors.
Even tough I think prices are not going up soon (it could, it might not, we don't know) I also think you are wrong too. I mean just because price is low and it dropped a bit doesn't really mean it will continue to go down. It can recover and go up by a big number as well. Hence I think we should say that we have no idea what will happen to bitcoin.

The real problem comes with the uncertain things if you ask me. If we know what will happen in the future (even if not the price but everything else) we can calculate what the price could be, however during bitcoins life there is always unexpected things that happen changing the price and honestly there is absolutely nothing we can look forward to that can take the price higher or lower hence we are just "waiting" right now.
This theory can be stupid, prices can drop more before they start to rise, anyway we cant deny positive side of this comment, lets be honest its what everyone with some coins wish to happen. This world is very corrupted, 10 years of crypto are to short, we need more time. Do you see governments across the world, what banks do in every country, who can tell me that this world is normal when kids are dying from starvation, people are still slaves, working for couple dollars, while some people are billionaires. Crypto can change many things, will it happen or not its a big question, we will need to wait and see, but I hope for the best.
legendary
Activity: 1554
Merit: 1054
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Your theory is kinda stupid. Grin
The prices aren't waiting for anything.The whales are waiting,which leads to all the other traders waiting.
The market is waiting and this helps the bears,because if they start mass selling btc,the price will go down for sure.

Yeah, it's more of the other way around and as we can observe with what's been happening the last 48 hours, it's by far not going upwards. We may yet see another new low since the 2017 run. A stagnant movement in a price this low can take the guts out of potential new investors.
Even tough I think prices are not going up soon (it could, it might not, we don't know) I also think you are wrong too. I mean just because price is low and it dropped a bit doesn't really mean it will continue to go down. It can recover and go up by a big number as well. Hence I think we should say that we have no idea what will happen to bitcoin.

The real problem comes with the uncertain things if you ask me. If we know what will happen in the future (even if not the price but everything else) we can calculate what the price could be, however during bitcoins life there is always unexpected things that happen changing the price and honestly there is absolutely nothing we can look forward to that can take the price higher or lower hence we are just "waiting" right now.
legendary
Activity: 3234
Merit: 1214
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From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Your theory is kinda stupid. Grin
The prices aren't waiting for anything.The whales are waiting,which leads to all the other traders waiting.
The market is waiting and this helps the bears,because if they start mass selling btc,the price will go down for sure.

Yeah, it's more of the other way around and as we can observe with what's been happening the last 48 hours, it's by far not going upwards. We may yet see another new low since the 2017 run. A stagnant movement in a price this low can take the guts out of potential new investors.
In the past the price of bitcoin has exploded and grown high after stagnation of price. This time too the same can happen, for the past few hours the price have been growing forward. The price of bitcoin has grown forward, following the same almost each and every coin have moved forward getting indicated in green. If there is no more gradual growth then once again it'll come back to a stagnation point which seems to be within $5000 following which the growth might proceed.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Your theory is kinda stupid. Grin
The prices aren't waiting for anything.The whales are waiting,which leads to all the other traders waiting.
The market is waiting and this helps the bears,because if they start mass selling btc,the price will go down for sure.

Yeah, it's more of the other way around and as we can observe with what's been happening the last 48 hours, it's by far not going upwards. We may yet see another new low since the 2017 run. A stagnant movement in a price this low can take the guts out of potential new investors.
hero member
Activity: 3164
Merit: 937
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Your theory is kinda stupid. Grin
The prices aren't waiting for anything.The whales are waiting,which leads to all the other traders waiting.
The market is waiting and this helps the bears,because if they start mass selling btc,the price will go down for sure.
legendary
Activity: 3514
Merit: 1280
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From a technical analysis perspective, a violent price movement definitely has a good possibility. But does it necessarily mean that the price movement would be upwards? Definitely not. As always, it could go either way. Before you know it, we could be at $3200.

Theres more liquidity outside Bitcoin then sellers waiting or forced sellers within Bitcoin wanting to sell at these levels

Could you explain in simple words what you mean by this?

I think the OP highlights a good possibility that BTC is a reasonable hedge for some in that it could rise outside of other normal risks like the oil price or various conventional assets. BTC could rise just because its exhausted sellers and availability, it does tend to be a phase of one or another I guess

Exhausted sellers don't create demand

If anything, it means stagnating prices, not rising ones. But with speculative markets in the given circumstances (i.e. the ones we are in now), the price can go only lower. In fact, this is what we are witnessing right now, and the real question should be how fast we will be falling. Put differently, exhausted sellers don't mean a shit if there is not enough demand to give the market a required boost and change of sentiment
full member
Activity: 490
Merit: 100
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Whoaa, you are getting delirious brother. Don't you remember that btc also settled in the $6k mark for a long time too? I was also feeling very confident that it'll stay that way but look at what happened now.
newbie
Activity: 8
Merit: 0
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legendary
Activity: 4102
Merit: 1454
From a technical analysis perspective, a violent price movement definitely has a good possibility. But does it necessarily mean that the price movement would be upwards? Definitely not. As always, it could go either way. Before you know it, we could be at $3200.

Theres more liquidity outside Bitcoin then sellers waiting or forced sellers within Bitcoin wanting to sell at these levels.   I think the OP highlights a good possibility that BTC is a reasonable hedge for some in that it could rise outside of other normal risks like the oil price or various conventional assets.   BTC could rise just because its exhausted sellers and availability, it does tend to be a phase of one or another I guess.



Heres my recent view of BTC, quite short term but it seems to fit within a range and hit each of these levels fairly neatly
legendary
Activity: 3332
Merit: 1191
I hope so but we need to be realistic,if there is no big movement then we can't reach the 20k, if we want the price to jump that high we need more adoption and more transaction volume, I am sure we can reach 20k again but not in this current market conditions so we need to be patience

Every person from this forum is hopping to see that price explosion and going back to 20k dollars. But like you say, we need to be realistic, in this moment that means we need to stay patient and wait for further developing of situation. Good sign is that now many countries and big corporations discussing about bitcoin, something will come up from all that, you will see, maybe that will not happen so soon.
legendary
Activity: 1666
Merit: 1001
I hope so but we need to be realistic,if there is no big movement then we can't reach the 20k, if we want the price to jump that high we need more adoption and more transaction volume, I am sure we can reach 20k again but not in this current market conditions so we need to be patience
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
BAKKT still depending on the regulators, and from what I see, there is still no 100% guarantee that the regulator will grant them the license. Just see that they are no longer optimistic as the months ago

I suspect this has more to do with how things stand right now in the cryptoworld

I don't think they would be making all this effort and spending so much time and resources developing their platform if they weren't sure in receiving the regulator's approval in the end. More likely, they have become less optimistic because they now see that there's actually not that much interest in cryptocurrencies as they first estimated. In other words, they wouldn't start if they knew in advance the current state of affairs in the cryptoverse. Perhaps, they expected much more adoption by this time
full member
Activity: 784
Merit: 123
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
I'm for sure it won't, never think that it will work easily and I've never expecting it to happen though. I'm an optimistic person but to think for that again($20k), I feel bad on it. Many people were losing and being hopeless just because of that price and I don't want that we suffer again, It is better to have the current flows and people can't face the big risk of losing.
legendary
Activity: 2730
Merit: 1288
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

Nope it is time to bounce between $3k and $6k. This can last until end of the year but most likely will end somewhere in Q3.
hero member
Activity: 2884
Merit: 794
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From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
Do you see a reason for the price of bitcoin to go up that fast? Because I don't, technical analysis is definitely a very useful tool and I rely on it since it gives you a very clear vision of where we are, but you cannot ignore what has happened to the market during the last year, if we want that investors come back to the market then we will need several positive news in a row that convinced them to come back and since I do not see that happening then the price will remain at the current levels for now.
legendary
Activity: 3164
Merit: 1127
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No one can say 100% what will happen with bitcoin price

tell this to Tom Lee and John McAfee

is possible to see in future a great grow and have the price going to new ATH and possible after Bakkt will start investing on bitcoin and get a nice profit all holders.

BAKKT still depending on the regulators, and from what I see, there is still no 100% guarantee that the regulator will grant them the license. Just see that they are no longer optimistic as the months ago
full member
Activity: 1498
Merit: 146
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
One more topic again about the bitcoin price going about $20,000 Roll Eyes
Being settled to something is not meant for the prices will explode and moreover previous months we are settled for $6,000 range so stable price around the region doesn't make any guarantee that the prices will increase later.
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