Bitcoin rise is over - page 6. | Bitcointalksearch.org

twobits

sr. member

Activity: 574

Merit: 250

Quote from: zokora on October 03, 2017, 02:40:16 PM

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

The big correction in 2013 caused by the chinese fud about ban all of the bitcoin exchange sites in there, but this time that already happened by the way the price of bitcoin already comeback to the sky.
I dont believe about that it seems you are really wrong in there.

exstasie

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Quote from: zokora on October 03, 2017, 02:40:16 PM

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

Per that chart, we have only completed Wave 3 of the primary third wave. This is the same count shared by several prominent EW chartists, and it's the one I prefer. As such, yes, the immense rise we saw for most of 2017 may be over.

However, that chart and count does not line up with past "bubble" tops. Per EW rules, the expected drop would be to the $1800-$3000 range, and it's even possible that the Wave 4 low was already put in place with the plunge below $3000 two weeks ago. In that case, we would probably see a prolonged sideways range until the next wave up begins.

Baofeng

legendary

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Every time that we see a minor price drop, a lot of thread starts popping in saying that bitcoin is headed for doom and will crash. Yeah I agree, it will crash soon. But, did you also point in the graph that it can and will recovered from the crash? And the like scenario is the negative news that was cause by China, the price crash, however two weeks since and the price goes to $4000+. And besides, we can't compare what happened in 2013 to today. And the price just dip by $200. I hope you will also create a thread when bitcoin surges past $5000.

ahmedjamal1998

hero member

Activity: 728

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What's up with the trend of "hey the price just got tickled down a $100, let's make a thread saying that it's dead or over."

Every week or two you'll find the forum filled up with threads of people screaming here and there to sell and that it's the end of the bubble etc. etc.

What's going on people ? This is crypto currencies. Prices MUST go up and down. There's on standard price that is set by any means. If you just take a straight simple look on the charts of btc price you'll clearly see that it went down to $3500 on September 22 and everyone did exactly what you're doing right now only to find it back to $4000 4 days later.

Moral of the story: Stop running into conclusions or trying to predict what's coming because you'll never know. If you're so concerned about the price because you're trying to sell you'd better sell at anything above 4k.

Barbut

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★Bitvest.io★ Play Plinko or Invest!

Market cap is at $71B and it will just grow bigger. I don`t think that rise is over, until the end of the year price will be 5.000$ again, slowly and with a lot of fluctuations we will be there in next 90 days. Price rise if far from over, bitcoin can settle on some price and stay there that doesn`t need to mean something special.
In the end what if price go back to 3.000$ again, that will be second chance for those who didn`t buy bitcoins with a discount in the first time. Honestly I don`t believe in another drop on 3.000$, with bitcoins anything can happen we all know that, just my feeling and experience tells me that we will not see that drop.

MissionPhailed

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Yeah, current circumstances are way different compared to 2013 in the sense that Bitcoin/crypto is much more 'established' now and more resilient to negative external influences (disappearing exchanges for instance). I assume we won't see a new ATH this year but I'd guess the bottom won't be under $3000 this time.

tiptopgemdotcom

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Truly decentralized stable asset

Quote from: barota on October 03, 2017, 03:23:47 PM

btc to 2000 usd for sure

Keep making a sweet dreams

2000$ level is almost fulfilled with huge,massive buy stop orders which will raise new strong uptrend.

Hazir

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★Nitrogensports.eu★

Quote from: CrimBit on October 03, 2017, 02:49:53 PM

i think bitcoin can reach $10.000. if we compare with real currency backed at gold like us dollar, we will trust bitcoin can reach more than now.
for me bitcoin have more chance to rising than real currency.
bitcoin have highest technology, bitcoin is decentralization too.

Why exactly need bitcoin reach 10k?I would like it to reach that point, but we need to be realists here. What quality bitcoin offers?
Questionable stability (dependant on whimsical miners and a tricky legal situation in certain countries i.e China)
So far BTC has been growing, but there is a ceiling for that growth, what if we reached it for now?

ragnar0k

full member

Activity: 154

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From the last drop, it seemed that sales literally ran out of steam near 3k...
I don't think it makes sense to drop and if it does, it will probably bounce back up. MtGox was a huge shock to BC and we don't have that right now - although SW2X means that core developers can be easily duped (taken over) by someone with enough power, it still isn't over I guess.
My guess is market bouncing between 4 and 4.5k until upgrade, then we will see

barota

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btc to 2000 usd for sure

boyptc

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Correction of - $200 - $400 is already enough I'd guess? Don't compare it with 2013, we are different now there are so many investors now and more countries did adopted bitcoin. Bitcoin's rise will not be over and it will be going up very soon. That big correction you are talking maybe is the one that happened already last 2 weeks after China's ban and Dimon's fraud talks.

CrimBit

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i think bitcoin can reach $10.000. if we compare with real currency backed at gold like us dollar, we will trust bitcoin can reach more than now.
for me bitcoin have more chance to rising than real currency.
bitcoin have highest technology, bitcoin is decentralization too.

zokora

sr. member

Activity: 532

Merit: 251

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

Topic: Bitcoin rise is over - page 6. (Read 1946 times)