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Topic: Bitcoin seems to be going up rapidly this morning (Read 529 times)

sr. member
Activity: 1078
Merit: 250
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In these few days, I see bitcoin price seems to be stable for a while. The price is not down deeper than $8k or not going up higher than $8300, and that makes some altcoin can move to a higher rate. And now, we are at the end of this weekend. If the situations are like this, I guess that at the end of this week, some altcoin will follow the other to break the higher price. I wonder if the bitcoin price can break $8500 or not in the next weeks because once that happens, we will go to break $9k again, and it will still increase to a higher price.
I think this depends on the market because we can't know for sure what price will be reached but if you choose to invest at $8200 then this will be the safest investment. I don't dare to think too much about this market because the price of Bitcoin has been constantly volatile recently and completely beyond my prediction. In my opinion now is the time for you to decide to take the risk again as this may be the cheapest price this year.
full member
Activity: 1008
Merit: 101
Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. 
There is a rapid change in the price most of the time and when the price of bitcoin went down a lot in the past few days i did not expect the market to recover this fast but the price recovered as people are investing during that time and taking use of the opportunity to invest when ever the price goes down and that is what we are seeing now, let us see how the market will perform in the next few weeks.
But i was sure about it I was well aware of nature of bitcoin. I know when it falls then it recovers too. We should believe in potential of bitcoin and support it. Never give up market just falls temporary but then again rise. So I expect even more than this that price of Altcoins will go higher than this till end of 2019 market will be fine.
hero member
Activity: 2912
Merit: 556
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In these few days, I see bitcoin price seems to be stable for a while. The price is not down deeper than $8k or not going up higher than $8300, and that makes some altcoin can move to a higher rate. And now, we are at the end of this weekend. If the situations are like this, I guess that at the end of this week, some altcoin will follow the other to break the higher price. I wonder if the bitcoin price can break $8500 or not in the next weeks because once that happens, we will go to break $9k again, and it will still increase to a higher price.
full member
Activity: 756
Merit: 100
There's a rainbow always after the rain and  It is really good to see that the market is in green again after the deep downfall but i think it is to early to conclude as we don't know that this might just a temporary rise up in which a big whales trap so better if we just observe the market movement for a while before we jump into conclusion.

As I see, Bitcoin, as well as other cryptocurrencies, have started their swinging period. This is the most difficult time for those, who cannot decide what to do - to invest in cryptocurrency more or to sell the actives when the price will slightly go up again. However, experts believe that Bitcoin might reach 12-13 thousand, although the 2017 situation is not expected anymore.
legendary
Activity: 2282
Merit: 1023
Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. 
There is a rapid change in the price most of the time and when the price of bitcoin went down a lot in the past few days i did not expect the market to recover this fast but the price recovered as people are investing during that time and taking use of the opportunity to invest when ever the price goes down and that is what we are seeing now, let us see how the market will perform in the next few weeks.
full member
Activity: 952
Merit: 104
Anything could happen daily. Most probably the higher it goes is due to higher demand. As soon as it goes up more, many may realize to sell. That would make the price lower as soon as the supply is higher as well. That's why we need to check the rate regularly for we never know when or what day is the best price to buy or sell.
This is really true crypto can rise and fall any time we will have to keep our eyes on market. It will change with every investment and every selling so better keep holding and never give up on your investments. Right now is perfect time to buy and hold panic selling will reduce the demand which cause fall of price that's why better keep holding and waiting.


That is true, do not give up stay patience and be calm, up and down movement of bitcoin is part of the market value volality as decentralized crypto currency. So yeah keep eyes monitor and observes the flows of movement it's possible time for the another bull run start before end pf this year.
hero member
Activity: 2968
Merit: 640
Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
Was there any tangible reason as to why bitcoin made the recent decline, since we don’t know the reason why there was a decline, I don’t expect that we will know the reason why it will recover again. We have thousands of people from every part of the world that are investing in bitcoin daily and also pulling out funds to use for certain purposes, so we may not know that particular factor that will be responsible for a particular act off bitcoin at a certain time.

We just need to understand that this is the behavior of bitcoin and stop looking for answers that we may never get, if you see people telling you they know the reason, they are just speculating also and  will never know exactly what caused the dip and also never know what is causing the increase.
full member
Activity: 966
Merit: 104
Anything could happen daily. Most probably the higher it goes is due to higher demand. As soon as it goes up more, many may realize to sell. That would make the price lower as soon as the supply is higher as well. That's why we need to check the rate regularly for we never know when or what day is the best price to buy or sell.
It seems to me that it makes no sense to check the cryptocurrency rate daily, especially if you are not involved in daily trading.  The fact is that long-term investments in Bitcoin will still turn out to be successful, despite what happens with the Bitcoin exchange rate.  Today, such a tendency is visible in the world that big business begins to be interested in cryptocurrency, for making payments that they themselves can control without the influence of the banking sector.  And this in any case will affect further price increases.
hero member
Activity: 1974
Merit: 502
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I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.

We'll really reach that point before the year ends or even this month. Bitcoin sometimes shows the unexpected. It can rise $1k in a day or the otherwise, only whale traders will decide that. One thing for sure that bitcoin may hit new ATH next year because halving event will happen again.

It's been a year since I heard bitcoin will hit new ATH but that's not happening in reality. There's an attempt of higher bounces and spikes of bitcoin price a few months ago and stabilized at $10k and up which seemed so hard to move towards the rising trend. Let's don't expect that new ATH to show up next year, much better if we prepare ourselves for an unexpected situation that could initiate randomly.
hero member
Activity: 1274
Merit: 513
But if see today price it decreased the value, I also noticed that price last 2 days ago rised and hope that to continue but it not happen because the price decrease but the good with that is we are still in the $8000 and I think for now this is the lowest value for this month or this is barrier and I hope to rise more than value now of the bitcoin and for sure it happen this coming remaining months of the year 2019.
legendary
Activity: 1568
Merit: 1041
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Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.

What has happened with Bitcoin's price is a pretty normal bouncing movement after a considerably long fall. Nice for you to have grabbed the price drop and bought some. That should also be the mentality of the rest. Sadly, many are feeling panic instead of joy for having the opportunity to buy Bitcoin with a price discount.

Right at this very moment however, the prices are red once again. This means that the $500 rise of Bitcoin's price is a normal movement. If it went straight up to $2,000 increase only then could we start to wonder. 

The thing is, whenever I made this post, the $500 price rise was in a matter of just a couple of hours and didn't look like it was going to stop anytime soon. It was still going up whenever I posted. I had been looking at the 1 day charts, and it looked like the price was going to keep going down for a few more days. I must say, it was a pleasant surprise. I was really just hoping someone would come point out some indicator of it and they did. We can all always learn a little more
sr. member
Activity: 756
Merit: 251
Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.

What has happened with Bitcoin's price is a pretty normal bouncing movement after a considerably long fall. Nice for you to have grabbed the price drop and bought some. That should also be the mentality of the rest. Sadly, many are feeling panic instead of joy for having the opportunity to buy Bitcoin with a price discount.

Right at this very moment however, the prices are red once again. This means that the $500 rise of Bitcoin's price is a normal movement. If it went straight up to $2,000 increase only then could we start to wonder. 
sr. member
Activity: 1778
Merit: 309
I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.

We'll really reach that point before the year ends or even this month. Bitcoin sometimes shows the unexpected. It can rise $1k in a day or the otherwise, only whale traders will decide that. One thing for sure that bitcoin may hit new ATH next year because halving event will happen again.
We have that participation and we are all the factors of its change. However, the positive looks of halving may help this thing out but not to expect a big market price rally. And we believe that $10k is not quite hard to achieve cause we have it often time.
Anyway, we can't just close any conclusion and to see what this halving can do/help to uplift the market condition.
hero member
Activity: 2366
Merit: 594
I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.

We'll really reach that point before the year ends or even this month. Bitcoin sometimes shows the unexpected. It can rise $1k in a day or the otherwise, only whale traders will decide that. One thing for sure that bitcoin may hit new ATH next year because halving event will happen again.
hero member
Activity: 1596
Merit: 502
Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
Although the growth over the past 2 days is quite good, it is still below $ 10k, and the market is still in downtrend. We should be careful because these days, I see that quite a few transactions move bitcoin to the floor of some sharks. I believe this will be another big dump. We should take profits now and prepare for a new bottom.

Although bitcoin is at the downtrend, the response in the market was good, and if it continues, I think we will see another high price this week. But there will be different if somehow, the price is going down again, we will get a delay to see the increase in the price. I hope that nothing bad happens this week so the price can still increase. I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.
full member
Activity: 403
Merit: 100
Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
Although the growth over the past 2 days is quite good, it is still below $ 10k, and the market is still in downtrend. We should be careful because these days, I see that quite a few transactions move bitcoin to the floor of some sharks. I believe this will be another big dump. We should take profits now and prepare for a new bottom.
legendary
Activity: 1834
Merit: 1036
Price of Bitcoin recovering after a few days of nothing but price dropping is not new. I would be more surprise if the trend continues like in the span of 4 weeks the price did not recover even for at least 3% to 5%. But saying Bitcoin is going up “rapidly” that’s an overstatement I guess. It’s not something new.
hero member
Activity: 700
Merit: 500
Yes, this morning Bitcoin did go up a few hundred dollars. It's great, and hopefully it continues growing at this rate. Everyone get ready for Moon blast off.
legendary
Activity: 3094
Merit: 1127
There's a rainbow always after the rain and  It is really good to see that the market is in green again after the deep downfall but i think it is to early to conclude as we don't know that this might just a temporary rise up in which a big whales trap so better if we just observe the market movement for a while before we jump into conclusion.
We wont really able to hit up a conclusion yet market is always been unpredictable and volatile.Speculations would continue like forever yet we wont know
on where would prices would go.For a typical crypto market there would always be a rise after such slump of price and thats the basic of a market and this
is where traders do make money.It will just depend on when you do get in and get out and some are just playing out safe by simply long term hodling.
legendary
Activity: 3346
Merit: 1134
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Well, that is some good decision making you have done there.

Too much noise about this price fluctuation that is going too fast by hundreds of dollars.
Because of that even in my dream it happened.
Freaking price went 9k and I refresh the website it became 10k in a sudden. Grin
I guess I need to step back a little into reading the price charts and speculations.
It aint good when it goes to your dreams too.
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