Topic: Bitcoin rises very fast! - page 2. (Read 991 times)
Yes, Bitcoin price rises fast but did you notice its price goes down fast too? We need a stable price for the Bitcoin! The quick rise and fast down is not that what we want for Bitcoin! Though Bitcoin price never will be stable, but still the price should have a base level! I think Bitcoin at 9500-10K USD could the perfect price for the Bitcoin!
Bitcoin growth before few weeks time grew big reaching around $9000 from $5300. Further the price of bitcoin has fallen to a value close to $8000. After the same the price of bitcoin isn't growing much, maybe after gaining good resistance this will move forward crossing $10000. Maybe over the days of halving can expect very fast growth.
The market condition has gradually improved, making investors start adopting crypto, and because bitcoin dominates the market, many choose bitcoin.
This is actually happening from months and it is not the only reason for the recent rise. I remember seeing bitcoin price rise initially in the summer before the downtrend until the end of the year where we generally see a big spike. Anyway, the most important thing is to see a solid consolidation above $7k.Others had noted that this is an activity of a whales investing huge amount in bitcoin but I do believe that it is.not just an individual but it may be a group.of people investing in bitcoin.
The fact is that he cryptocurrency is not only high technology, which by any means tries to penetrate the daily life of a person, but it is already as a tribute to fashion. This is how I assess the actions of the Telegram team, which has already announced the initial sale of its token on July 10, 2019.
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
I really cannot understand what is the point of this upward trend.
There has been a long period of time that we didn't manage to have such an increase in the price of bitcoin so this would be the reason. Apart from that, there are not any news released about the progress of the blockchain development or any mass adoption in real use cases.
The bitcoin may continue to increase or have made its increases because it is always producing a high volume of operations, that is, 24 hours a day there are always people moving the market, so the Strong Hands do their strategies in a way that they can have a lot of profitability, given that they are the ones that have the money to be able to emerge or emerge the esepculative market, often in 2018 the Strong Hands took as a primary strategy the purchase of Bitcoins, so what they did was lower the price as much as possible so that they could buy as many bitcoins as possible at the lowest cost.
This strategy was very good, they managed to end the offer at low levels, and made many operators distrust their knowledge as traders and delivered many of their cheap bitcoins.
Now the market is taking other courses, they are testing offer at higher price levels, and therefore the price logically goes up, because the supply was finished in the market when it was at very low price levels, now movements are taking place On a large scale, raising the price, which has caused a normal setback in the market in the last few days, we now have to wait for movements to take place due to this, since the market is in a long accumulation phase.
This strategy was very good, they managed to end the offer at low levels, and made many operators distrust their knowledge as traders and delivered many of their cheap bitcoins.
Now the market is taking other courses, they are testing offer at higher price levels, and therefore the price logically goes up, because the supply was finished in the market when it was at very low price levels, now movements are taking place On a large scale, raising the price, which has caused a normal setback in the market in the last few days, we now have to wait for movements to take place due to this, since the market is in a long accumulation phase.
this recent rise in prices bitcoin because of bitmex leverage and bear trap
Nah, if could be one reason, but I don't think that it's the main one why the price keeps rising. Bear trap? We are over now, the bulls have taken the market already, so there's no more bear trap whatsoever. I really can't understand why people still thinks that the bear has still control of the market today. They are exhausted, we have reach the bottom already and it's time for the bulls to show up and boy hey did.
this recent rise in prices bitcoin because of bitmex leverage and bear trap
Nah, if could be one reason, but I don't think that it's the main one why the price keeps rising. Bear trap? We are over now, the bulls have taken the market already, so there's no more bear trap whatsoever. I really can't understand why people still thinks that the bear has still control of the market today. They are exhausted, we have reach the bottom already and it's time for the bulls to show up and boy hey did.this recent rise in prices bitcoin because of bitmex leverage and bear trap
Nah, if could be one reason, but I don't think that it's the main one why the price keeps rising. Bear trap? We are over now, the bulls have taken the market already, so there's no more bear trap whatsoever. I really can't understand why people still thinks that the bear has still control of the market today. They are exhausted, we have reach the bottom already and it's time for the bulls to show up and boy hey did.
this recent rise in prices bitcoin because of bitmex leverage and bear trap
Nah, if could be one reason, but I don't think that it's the main one why the price keeps rising. Bear trap? We are over now, the bulls have taken the market already, so there's no more bear trap whatsoever. I really can't understand why people still thinks that the bear has still control of the market today. They are exhausted, we have reach the bottom already and it's time for the bulls to show up and boy hey did. 
The market condition has gradually improved, making investors start adopting crypto, and because bitcoin dominates the market, many choose bitcoin.
This is actually happening from months and it is not the only reason for the recent rise. I remember seeing bitcoin price rise initially in the summer before the downtrend until the end of the year where we generally see a big spike. Anyway, the most important thing is to see a solid consolidation above $7k. this recent rise in prices bitcoin because of bitmex leverage and bear trap
Are you sure about that, it's your opinion alone or you have a source of this information?
Also, how is it possible to be a bear trap when the market is so bullish now, maybe you mean bull trap?
this recent rise in prices bitcoin because of bitmex leverage and bear trap
It was very obvious that the price will not rise so easily.
Due to the fact that it was increasing without any news about development or growth of the market, it was normal to see it falling like this. At least we can see that there is a pace in the market.
Due to the fact that it was increasing without any news about development or growth of the market, it was normal to see it falling like this. At least we can see that there is a pace in the market.
Today's growth trend would again confirm how the growth is going be. The set back from $8k to $7k is bit questionnaire if its going to be bearish or bullish.
If the value is going to be falling down, i am sure, we will again see $4000 to $4500. But if current trend travels between $7k to $8k for another 24 hours then yes, we will have a huge growth. Lets watch.
The market condition has gradually improved, making investors start adopting crypto, and because bitcoin dominates the market, many choose bitcoin.
It was very obvious that the price will not rise so easily.
Due to the fact that it was increasing without any news about development or growth of the market, it was normal to see it falling like this. At least we can see that there is a pace in the market.
Due to the fact that it was increasing without any news about development or growth of the market, it was normal to see it falling like this. At least we can see that there is a pace in the market.
Yes, such a scenario is possible, but I think that below $6,500 the price will not fall because the bull market has come. After this correction, the price should continue to rise and this time it can reach $9000.
If you look at 2017, when the price of Bitcoin for 45 days soared from $6 thousand to $20 thousand, now it’s quite a normal price increase. By the way, this time there is a chance to see the price of Bitcoin above $20 thousand, so now there is an opportunity to buy more Bitcoin and wait for higher price marks than now.
After the Bitcoin price falls below $ 4,000, I’m sure that we won’t see even $ 15,000 this year. It will be only in 2020.I think that Bitcoin is finally out of bear market, but do not get too exited right now. We could see 35% - 40% correction in next weeks. If Bitcoin brake above 8,5k USD per BTC level, nothing will stop Bitcoin to move to area around 10k USD per BTC, in that scenario i expect 35% retracement to around 6,4k USD per BTC. If Bitcoin could not brake above 8,5k USD per BTC, I expect next target around 5,8k USD per BTC.
Obviously, it didn't break the $8.5 barrier. Although there are attempts to breach that price, sadly, not enough push or FOMO, so the market decline so to speak.
But the first target should be $6.4K, at least for me that would be the price that I'm looking for and not < $6k. That's the previous price we have prior the the magical run that push the price to $8k levels so for let's see if that could be the newest lows.
Higher lows must be the 7K, the dip could only take a day or two before it may rise again. Next week a new highs will probably be achieved and if not that 6k will end up being just the new bottom. Either we may not be seeing the price of BTC goes down below $5k anymore. Well, maybe because I'm all positive of the next bullrun.
I think that Bitcoin is finally out of bear market, but do not get too exited right now. We could see 35% - 40% correction in next weeks. If Bitcoin brake above 8,5k USD per BTC level, nothing will stop Bitcoin to move to area around 10k USD per BTC, in that scenario i expect 35% retracement to around 6,4k USD per BTC. If Bitcoin could not brake above 8,5k USD per BTC, I expect next target around 5,8k USD per BTC.
Obviously, it didn't break the $8.5 barrier. Although there are attempts to breach that price, sadly, not enough push or FOMO, so the market decline so to speak.
But the first target should be $6.4K, at least for me that would be the price that I'm looking for and not < $6k. That's the previous price we have prior the the magical run that push the price to $8k levels so for let's see if that could be the newest lows.
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