Bitcoin seems to be going up rapidly this morning - page 3.

exstasie

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Quote from: adroitful_one on September 30, 2019, 10:21:52 AM

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.

Sellers look exhausted. There was an attempt to push new lows last night, but it was a weak, low volume dump. The subsequent reaction from bulls suggests it's at least time for a decent bounce, if not more.

If we get one more spike upwards towards $8,600 before a significant pullback, then we'll have impulsive form. That would suggest more upside is on the way. Then we can target the low-mid $9,000s or higher.

Theb

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If you are thinking about Bitcoin had made a reversal then think again since this might just be a bull trap and some whales might just be pumping the market. I would still observe the market and see where will Bitcoin will go since 8,266$ isn't on any support level right and the next known support is around 8,500$+. And just by looking at the chary now its obvious that we are still in a bearish momentum any hints of a bull run are highly unlikely to happen.

carlfebz2

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DGbet.fun - Crypto Sportsbook

Lots of charts flying around lately which do shows some technicals that we might able to go down even further but the price is going into the opposite way.
Reasons? No one knows but these movements can be utilize up to generate some profits if you do short trades.
Usually i do always have the time to read up WO which is entertaining when it comes to Bitcoin price talks https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

adroitful_one

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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.

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