BTC breaks 9k, are we on bull run? | Bitcointalksearch.org

Renampun

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Quote from: ILuckyGuyI on July 17, 2021, 06:13:42 PM

And the bear market is just still going on. I make some predictions about the possible lowest value which we'll see in this period. And it is $25k for now. And I hope that we don't see a lower price than $20k also. If it happens, it may take more time than the expected for the price to recover.

I'm sure BTC won't drop below $ 25k...

we have seen that there has been a lot of positive news on Bitcoin this year and there have also been countries that have made BTC a legal tender. the market is sideways and the price will not fall any further.

ILuckyGuyI

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And the bear market is just still going on. I make some predictions about the possible lowest value which we'll see in this period. And it is $25k for now. And I hope that we don't see a lower price than $20k also. If it happens, it may take more time than the expected for the price to recover.

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Quote from: SquallLeonhart on July 16, 2021, 09:58:33 AM

If we can give the time and wait for this to happen then we could end up making a lot of profit, all we have to do is just wait and give it some time. However interestingly enough there are tons of people who can't do that, we are talking about tens of thousands of people who sell as soon as they see bitcoin going down, no idea why they are that much scared but there are many that does it.

Make it simple, wait until the bull run will come, and while waiting, your activity is more focus on accumulating cheap bitcoin and altcoins at your choice. If these altcoins have good trading volume, they will likely pump during the bull run, and it's almost automatic as we have already seen that kind of scenario in the past two bull runs.

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Quote from: STT on July 05, 2021, 04:56:27 AM

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

This is the lesson to learn from this topic, OP was totally on the money to call the rise as continuing. He was expecting too much with this question, the next big gains took from April until October to take off. Before then there was some gains with pullbacks, hesitancy, range bound and many doubts traded and revised through many times over and over again. So it was not next month, it took 6 months or half a year to take off but when it did then it was the definition of breakout and really worth noting as he had much earlier in the year.
I'd really say the same now, patience is key and it's going to be time waiting but doesn't mean its over really.

I do believe that as long as people are capable of buying now (if they have the money of course) and can wait a long time, there is a lot of money to be made even in bitcoin, let alone some altcoins which could make a lot more profit. I believe ethereum could be 10k and bnb could be 2-3k which is a lot bigger increase in bitcoin than anything else. At the same time I believe we are going to see bitcoin reach to 100k as well. There is just one thing that is required from us to do that: patience.

If we can give the time and wait for this to happen then we could end up making a lot of profit, all we have to do is just wait and give it some time. However interestingly enough there are tons of people who can't do that, we are talking about tens of thousands of people who sell as soon as they see bitcoin going down, no idea why they are that much scared but there are many that does it.

STT

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

This is the lesson to learn from this topic, OP was totally on the money to call the rise as continuing. He was expecting too much with this question, the next big gains took from April until October to take off. Before then there was some gains with pullbacks, hesitancy, range bound and many doubts traded and revised through many times over and over again. So it was not next month, it took 6 months or half a year to take off but when it did then it was the definition of breakout and really worth noting as he had much earlier in the year.
I'd really say the same now, patience is key and it's going to be time waiting but doesn't mean its over really.

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Quote from: ILuckyGuyI on July 04, 2021, 06:54:29 AM

We were on a bull run for a very long time. We saw the price even at a level which was over $60k. Now it seems like we've entered the bear market. My biggest hope is that it won't last long. I believe in Bitcoin to break a new record in this year.

a belief that is very reasonable because it is a prediction long ago that bitcoin will increase by the end of the year. although yesterday experienced a very unexpected correction, but now it looks like bitcoin is comfortable at the current price. this is certainly good news that bitcoin is starting to stabilize itself to stay afloat waiting for the momentum to increase at the predicted time. so don't hesitate to buy and hold it that bitcoin will reach its best turning point at the end of this year.

ILuckyGuyI

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We were on a bull run for a very long time. We saw the price even at a level which was over $60k. Now it seems like we've entered the bear market. My biggest hope is that it won't last long. I believe in Bitcoin to break a new record in this year.

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Quote from: ?? on ??

man you did not even know how right were you calling this a bull run

I know dead topic but this time,,, pretty accurate to revive and remind OP how right he was and how right he was going to. Even he is probably in two stages now: happy that he predicted right AND acted accordingly,,, or regretting that he did not trust his gut and sold just in case he was wrong.

I cannot even imagine BTC at 9k today!

el kaka22

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Many people said the same for $10k and now you are saying for the $12k level as well, have we learned nothing so far?
I mean when it was $6k everyone was saying "we moved from $4k to $6k, this is the end of the bull run" and the price went to $7k and people were like "we moved from $5k to $7k we can't go higher", the price is literally $10k right now and people are still saying "well the increase stopped, it can't go to $12k".

I am sorry but it can go to $12k, it can go to $14k, it can go to $20k as well, it CAN do anything as long as we keep on buying bitcoin and stop selling, that is only the thing that is required to increase the price. Of course that doesn't mean it WILL happen, but it doesn't change the fact that it can happen. I am seeing more increases in the near future.

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Towards Halving and After Halving can indeed be said Bullrun is coming, especially now that the price has exceeded $ 9,000 and will go to $ 10,000, this is my thought, if you want to follow it please, for sure Bitcoin will approach the new All Time High

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Quote from: rodskee on May 07, 2020, 10:53:58 PM

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

BTC breaks 10k today (for a short period of time only) but still cannot stay
for continues pump meaning that 12k is rarely to
happen for now and also we can see some good chances for daytrading now
as the Pump and dumping is what they prefer
to have for their strategies,More of us now are in waiting status because we
are just days away from halving.

I think we are not in the real bull-run right now because when we are in the bull run, we will go to see the price will start a rally to the highest price, and the price will not stop until break the last highest time. We should be happy to see the price now can break $8k, $9k, and even $10k, and soon, the price will break $15k and $20k. After that, the price will be at the very highest price, which we don't know how much it will be. The pump and dumping will always be there, and we should use that moment to make a profit.

rodskee

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

BTC breaks 10k today (for a short period of time only) but still cannot stay
for continues pump meaning that 12k is rarely to
happen for now and also we can see some good chances for daytrading now
as the Pump and dumping is what they prefer
to have for their strategies,More of us now are in waiting status because we
are just days away from halving.

STT

legendary

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Weekends can be very positive and not subject to the selling the working week days can see. Im not totally sure why but I think there is a bit less volume occuring on weekends and no contract activity on the traditional exchanges which I guess would act as alot of 'for sale' supply.

My view of BTC with a trend I drew a while back, I dont like to redraw or change my mind if I can avoid it as you can be in danger of making the picture fit the results. In any case we have resulted in a similar gradient this whole recovery and price now is back to pre corrona levels. We have definetly 'filled the gap' in every view, its a full value situation I reckon, roughly 4 more days till halvening. Theres no sign of weakness to view as yet I reckon.

royalfestus

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Quote from: Findingnemo on May 07, 2020, 02:21:53 PM

Quote from: TopTort777 on May 07, 2020, 02:10:31 PM

Sadly the weekend is almost here. That means the time for growth to slowdown. Tomorrow, imho, will be best opportunity for bitcoin to show maximum growth before halving and the traders will have best day to trade and get profit. Dont miss your chance.

Don't believe that myth, price of cryptos will not increase on weekends.Actually everyday is weekend now so people are ready to dive into the market at anytime since we all are in lockdown and staying at home all the time.

$10K is on the way guys. Kiss

Interestingly most of the pump before last market were during the weekends. I also noticed this trend since last year the pumps has been consistent on week days especially on mondays trade is expected to be low

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Quote from: TopTort777 on May 07, 2020, 02:10:31 PM

Sadly the weekend is almost here. That means the time for growth to slowdown. Tomorrow, imho, will be best opportunity for bitcoin to show maximum growth before halving and the traders will have best day to trade and get profit. Dont miss your chance.

Don't believe that myth, price of cryptos will not increase on weekends.Actually everyday is weekend now so people are ready to dive into the market at anytime since we all are in lockdown and staying at home all the time.

$10K is on the way guys. Kiss

TopTort777

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Sadly the weekend is almost here. That means the time for growth to slowdown. Tomorrow, imho, will be best opportunity for bitcoin to show maximum growth before halving and the traders will have best day to trade and get profit. Dont miss your chance.

lunnatic

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there is still a trend line for weekly time frime, I have anonymized it and seen a large Bull Flag in this Time Frime,
$ 11,000 will be a strong resistance for Bitcoin, if it passes $ 11,000, we start with a beautiful start Grin

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

all possibilities can happen, in crypto nothing is impossible even if it has to be realistic too.
It is true that with bitcoin breaking through $ 9K, I agree with you that is an opportunity for the time when altcoin is also growing. I don't deny that XRP will be able to reach $ 0.3 when bitcoin continues to increase in the next few days.
what is needed by bitcoin is to penetrate the first $ 10K then to keep going up it will be even greater and what you predict at $ 12K- $ 15K is a natural thing bitcoin can get.

Review Master

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BTCitcoin rises more than 4% in the last 24 hours and also the current price is almost $9.25K . There is a resistance of $9.6k and BTCitcoin will definitely start it's bull run if it cross the $9.6k price level. Just looking forward to see that BTCitcoin will cross the resistance level becasue BTCitcoin halving is almost near and it's going to happen within 5 Days. Let's see what happen next. Wink

leyton11

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

Bitcoin halving will really affect the price of bitcoin a lot and I think it will dump before the pump is strong. The reason is that there have been too many people buying bitcoins and alts these days, waiting for the pump and volume to get smaller. It's time for the market to correct slightly before pumping up to $ 15k or $ 20k. we can wait for a better price to buy, I predict the price will correct to $ 8k5, right fibo 0.5

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at the moment, the maximum point that can be reached at the price of bitcoin is $ 9k. in fact, it's so close to the $ 8k range. however, there is currently no sign of the pump happening. although a little while ago the price of bitcoin rose so fast, but this seemed to be the maximum point. if there is a price increase that happens again, maybe it will happen a few weeks later, and I think it's just a recovery of the price to $ 10k, and it happens sustainably.

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

What are your thoughts guys? Will we see the 12-15k$ in early next month?

The price made almost hitting 10k$ just recently but did not even stay to $9k for a days because look at it now,cannot return back to 9k and this makes negative perceptions again from the incoming investors.

Like what some of my friends says that they are being afraid of the volatility though i am encouraging them to at least review the volatile market that can give them instant profit if they are looking for soul thing but if they are wanting the technology?then this is the market for them.

STT

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Quote from: KTChampions on May 05, 2020, 02:57:11 PM

if you take a different period of time, it will change significantly and in certain cases will show opposite trends.

Yes there is always variation in trends along multiple time frames like waves on a beach each has a seperate momentum and scale to its influence. The highs in BTC price we run into now relate to the lows of Summer of 2019 so for June to September this area was an area to buy and it would register alot of volume in that process. So now 9000 to 9500 could appear as resistance, harder to progress through.
Even if correct on that, its impossible to know how the market will react to the resistance but its a measure of strength how easily we surmount this wall.

stomachgrowls

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Quote from: Youghoor on May 05, 2020, 05:39:21 PM

My highest bet for the price of bitcoin after this halving is around $10K and nothing more. howeve, y'all should know that post halving is always a big dump and you need to prepare for that as well. Once we hit the peak of this halving expect the FOMO to die down which will bring about a big dump in market.

The question is, we would able to see another FOMO thing? Its unlikely to happen but who knows because this market is unpredictable and anything can happen unexpectedly.

When it comes to predicting prices when we are on halving event then i dont expect that much and i do treat it just like a typical day.Yes, sentiments or news is different but i dont expect that much because
i do go for long term aspect.

Breaking 9k price or moving some percentages on a day is just like a normal day here on crypto and it wont mean anything just like talking about bull run.

Youghoor

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My highest bet for the price of bitcoin after this halving is around $10K and nothing more. howeve, y'all should know that post halving is always a big dump and you need to prepare for that as well. Once we hit the peak of this halving expect the FOMO to die down which will bring about a big dump in market.

hahay

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Quote from: Oasisman on May 05, 2020, 03:39:02 AM

Quote from: cafetools on May 05, 2020, 03:06:40 AM

This week will be the week where we keep going up, we are already at $9024... But with all the news coverage we will easily hit $12k in the next 2 weeks, easy.

Doesn't matter if Bitcoin hits $12k easily or not, as long as you're holding enough on your portfolio to receive massive profit when the block halving priced in.
Though bullish speculations may help increase the value of Bitcoin, but It does stressed out some of the investors who constantly checking on the price trend.
As long as you set a specific target and believed and tightened your risk tolerance to hit that specific figure, then all this speculations doesn't matter in the end.

Imo, the price movements these days doesn't signifies a bull.

Although sometimes weakening, the current market is still strong enough to push prices higher and with a gradual increase will certainly make an increase able to surpass resistance, still holding more assets or not I think it depends on each individual because they must already have a target more appropriate to reap profits when a pump occurs.

KTChampions

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Quote from: STT on May 05, 2020, 02:05:34 AM

Strange thing is I drew it below trend since the harsh sell March low and the recent high hit that as a ceiling but still its strong for now and hard to dispute in prospect as continuing upwards. I'll just throw out my rough view:

We got the rough weekly average below and we're in a positive phase and even 2 day average shows us quite strong in this movement. Its passed 200 day average and 50 previously and we have both measures now moving upwards daily. So certainly we got good appearance of strong trend to upside and reasonable to believe it will continue. Its quite normal we reset within that framework but I cant see exactly where that might occur, for now 8500 is a target below to watch.

An interesting schedule, but if you take a different period of time, it will change significantly and in certain cases will show opposite trends. The problem with TA is that at any time you can draw two graphics (at different scales) that will show opposite signals. Therefore, I think that if TA can be used, it is only as an auxiliary tool for analysis, but not as the main one.

LogitechMouse

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

My initial prediction of Bitcoin's price this year is around 10-12k$.

We saw already a pre-pump of Bitcoin days ago and it went to up to 9.4k$ until it made a drop up to 8.7k$ and now it is at 9.1k$. Well, I can speculate that we are in a bull run this year but don't expect that what happened last year will also happen this year. I mean it can happen but think also of the other side of it. The market cap of Bitcoin in 2012 and 2016 are relatively low thus, it is easier to pump the coin. Now the total market cap is at around $100+ Billion already.

12-15k$ next month is possible but the chances of it is at around 10-20% for me. I'd expect for a drop after the halving since the "Sell the news" thing is still possible but in the long run, I'd like to see an increase in price and maintain a 5-digit price

.

Oasisman

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Quote from: cafetools on May 05, 2020, 03:06:40 AM

This week will be the week where we keep going up, we are already at $9024... But with all the news coverage we will easily hit $12k in the next 2 weeks, easy.

Doesn't matter if Bitcoin hits $12k easily or not, as long as you're holding enough on your portfolio to receive massive profit when the block halving priced in.
Though bullish speculations may help increase the value of Bitcoin, but It does stressed out some of the investors who constantly checking on the price trend.
As long as you set a specific target and believed and tightened your risk tolerance to hit that specific figure, then all this speculations doesn't matter in the end.

Imo, the price movements these days doesn't signifies a bull.

cafetools

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This week will be the week where we keep going up, we are already at $9024... But with all the news coverage we will easily hit $12k in the next 2 weeks, easy.

STT

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Strange thing is I drew it below trend since the harsh sell March low and the recent high hit that as a ceiling but still its strong for now and hard to dispute in prospect as continuing upwards. I'll just throw out my rough view:

We got the rough weekly average below and we're in a positive phase and even 2 day average shows us quite strong in this movement. Its passed 200 day average and 50 previously and we have both measures now moving upwards daily. So certainly we got good appearance of strong trend to upside and reasonable to believe it will continue. Its quite normal we reset within that framework but I cant see exactly where that might occur, for now 8500 is a target below to watch.

imstillthebest

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even if its only your opinion , this still sounds like a good financial advice because what your saying here is pure truth and close to the outcome of the next crypto movements . earlier i thought your going to say alts will rise becuase btc is rising but nope , instead you said alts will go down because you think people foccus to much on btc . those thoughts are still true aside from what i said earlier . xrp is also a good investment but i like to use my xrp the most when gambling . 9k is also a mini bull run for me Grin

Botnake

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Only time would tell and I like to believe that bitcoin will remain bullish throughout this year.
Bitcoin pumped to $9k and we know based on its trend that once it's bullish, nothing could stop bitcoin easily if its close to its ATH already.

For now, let's remain hopefully and bullish, the world is in global crisis now but crypto does not care, it's making a profitable movement that we all like to see, of course except those who bet on the short.

Free1bitco.in

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Quote from: tukagero on May 03, 2020, 09:53:17 PM

Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.

I doubt the decline in bitcoin prices will reach a range of $ 7k. however, the current decline in the price of bitcoin only occurs in the range of $ 8k, and after that, it rises to $ 9k. I just assume that the price of $ 9k is currently unstable. however, halving will arrive soon, and I am not sure that many people are wasting this opportunity to keep holding their cash.

KTChampions

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Quote from: cafetools on May 04, 2020, 02:09:27 PM

These little 1-2k price movements are meaningless, get on with your life and lock your crypto away safley and look at it in 10 years.

By then it will be highly valuable and you will be happy you didnt sell for a %10-%20 profit years ago and never bought back in because you have been waiting for the price to go down. Meanwhile the BTC price is breaking over $500k

I think few people listen to your advice here Wink

No one wants to wait 10 years. And margin trading allows (with some luck) to significantly accelerate the waiting process. If you correctly guess the direction of the price movement, then you can make a profit much earlier than in 10 years. And every movement in 1-2k matters. I think most people here discuss the price of bitcoin in this context.

cafetools

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These little 1-2k price movements are meaningless, get on with your life and lock your crypto away safley and look at it in 10 years.

By then it will be highly valuable and you will be happy you didnt sell for a %10-%20 profit years ago and never bought back in because you have been waiting for the price to go down. Meanwhile the BTC price is breaking over $500k

tbterryboy

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There are people who see the price going up so much, a lot of people get scared because there are some of us who buy when the price bottoms down, and sell when it reaches new highs. It really works almost all the time, sure there are times when the price double downs, so you see it go from 10k to 6k and you say its bottomed out and you buy from it, then the price bottoms even harder at 4k, however during those times remember that you already bought cheaper than many people so you be patient.

Or it could do the reverse, where the price is at 6k and you buy and it goes up to 9k and you sell because you think it peaked, but goes to 12k, in that moment you just wait as well because eventually it will fall. Basically this works, not the best strategy obviously but it works, takes a long time but it still just works.

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Quote from: tukagero on May 03, 2020, 09:53:17 PM

Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.

absolutely no need to worry about the price of Bitcoin, from now on Bitcoin has entered the bullish stage, the accumulation of prices will occur in the range of $ 7000- $ 9000 will not be less than that

The Sceptical Chymist

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

Bitcoin's at around $8700 right now, and I think it's way too early to start calling this a bull market. What it is, is a rebound from before the coronavirus outbreak happened. Before all that chaos ensued, I was frequently declaring that 2020 was going to be a stellar year for bitcoin--and then the black swan reared its ugly head and then all of a sudden it didn't look like bitcoin was going to hit $10k this year.

As to your question if we'll see $12-15k early next month....no, I don't think so. But I'll qualify that remark by saying that I've been wrong with my predictions more times than I can count--so you never know, and I do hope bitcoin gets to those levels. Maybe not as soon as next month, but perhaps this year would be nice.

tukagero

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Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.

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All these are just happening based on the halving that is around the corner, whatever happens post-halving can be analyzed and ascertain if we are truly in another bull run after almost 3 years of the bear market.

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Reaching back to $9,000 is a way to go $10,000 in the coming days and ain't possible as I think. But to know that this is a new thing for us and isn't enough to call it Bullrun. We are just hoping that this coming halving will have a huge market jump but I wasn't confident enough though knowing that people will never take that hold long enough if they will saw the price to drops even just of a few dollars and probably they will seel it immediately. This is a reason why we can't go over that wall because someone is pulling it also.

KTChampions

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Quote from: Quidat on May 02, 2020, 06:58:23 PM

Quote from: KTChampions on May 02, 2020, 05:34:31 PM

How fast people forget about the past!

Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks.

People should think of that and watching off charts on what just happened before and we are indeed 9k wayback before we dip down back
in 3k price and as said we have just go back on where we before.Also, having this percentage increase doesnt signify that we are already on a bull run.
If price would break that 10k mark then i do somewhat convince myself that we might already be on that bull run but nothing is assured in talks of
future prices since its always unpredictable since from the beginning.

The price 10k is also not new and we have seen it many times when moving in different directions Wink

So there is a possibility that in the near future we will see it twice or maybe several times.

Quote from: Kemarit on May 02, 2020, 08:52:36 PM

Technically you're right, bull run could be defined as sustain rise in price in an extended period. Currently we are just seeing a minor run, but the thing is that the market is well alive after the corona virus scare and that is a good sign for us. Again, in the last 24 hours, the price seems to gather another momentum and pushing the price above $9000 again. And this gets more exciting as we approaches halving in less than 10 days. I guess in the next coming days, we will see threads about the price breaking five digits, LOL.

These threads are endless in this section of forum Grin

But most likely you are right. Bitcoin has great volatility, therefore +/- 1000 at any time looks possible, and now there are special conditions for this (i mean halving and global crisis).

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Quote from: Golftech on May 03, 2020, 06:17:58 AM

Quote from: Yamifoud on May 03, 2020, 06:07:51 AM

It looks like people are now profiting and I believe some of the crypto holders are now selling their Bitcoin. And maybe I should do also.
If there is a huge volume of selling today, I will no longer expect the Bullrun will come but instead to see the market price drops once again. I know people are taking advantage of the current pump and I believe they are making their way to secure their fund before a change of market direction comes. I can see what the other thinks about the coming days and that was FOMO...it isn't surprising anyway.

If you do anticipate that then it's better to sell and ride with the situations, it's tough to keep hoping while you already seen from your observation the possibilities of this next waves, those who are satisfied with the gained that they've accumulated will surely sell it out and collect the profits. Assess and
execute your next position according to how you believe this market will compensates you.

It's really though to hope for something big but suddenly drop we already see this for so many times so maybe for those people who can't take the risk can do a short trades and earned with the flow but if you have a risk taker minded and can asses the flaws,movements or anything with bitcoins then maybe this is a gold earning chances since there's a huge possibilities for us to earn since halving is on the way.

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Quote from: Yamifoud on May 03, 2020, 06:07:51 AM

It looks like people are now profiting and I believe some of the crypto holders are now selling their Bitcoin. And maybe I should do also.
If there is a huge volume of selling today, I will no longer expect the Bullrun will come but instead to see the market price drops once again. I know people are taking advantage of the current pump and I believe they are making their way to secure their fund before a change of market direction comes. I can see what the other thinks about the coming days and that was FOMO...it isn't surprising anyway.

If you do anticipate that then it's better to sell and ride with the situations, it's tough to keep hoping while you already seen from your observation the possibilities of this next waves, those who are satisfied with the gained that they've accumulated will surely sell it out and collect the profits. Assess and
execute your next position according to how you believe this market will compensates you.

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It looks like people are now profiting and I believe some of the crypto holders are now selling their Bitcoin. And maybe I should do also.
If there is a huge volume of selling today, I will no longer expect the Bullrun will come but instead to see the market price drops once again. I know people are taking advantage of the current pump and I believe they are making their way to secure their fund before a change of market direction comes. I can see what the other thinks about the coming days and that was FOMO...it isn't surprising anyway.

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Quote from: Naida_BR on May 03, 2020, 02:27:43 AM

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

The price is moving steadily around 8.8 and 9k those days.
It slowly increases in price but In my opinion we are going to see another drop - maybe on Monday and then the price is going to pump again and reach a new high due to the halving event that it is coming in the next week.

And what would signifies that drop you were talking about?
Imo, while approaching closer to the 630,000th block, Bitcoin will either swing at the same range as today or increase a little, since people are rushing to buy back. The drop might happen after the block halving. Maybe late May or June base on the market movements from the last 2 halving.
One thing is for sure, there will be a significant drop this year, and a lot of investors are waiting for that opportunity.

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Even $9k is not in a bull run moment, and I still enjoy this time. After all, I can sell some bitcoin to make a profit because I can buy bitcoin at a low price yesterday. I hope bitcoin will become stronger before the halving, and if the price has a correction, the price will not decrease deeper so the price can be back to the last price, and it will start to increase higher.

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

The price is moving steadily around 8.8 and 9k those days.
It slowly increases in price but In my opinion we are going to see another drop - maybe on Monday and then the price is going to pump again and reach a new high due to the halving event that it is coming in the next week.

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Uh oh, Brian Kelly (CNBC Fast Money) is bullish on BTC and the halving. In the past, he's been quite the contrarian indicator. Short video: https://twitter.com/CNBCFastMoney/status/1256335853061763072

Did Brian Kelly just give BTC the kiss of death? Tongue

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Quote from: BlackFor3st on May 02, 2020, 11:36:49 PM

Let's just think positive because we can surely create a new ATH this year 2020 if the bull season the same with XRP price as everything will surely to follow once we will be in the bull season.

You have to see the chart as well before you made a conclusion.

Bitcoin and XRP were failed to close the monthly candlestick in green line, so most most possibility the trend for this month will be bearish.

A few times ago I saw a history for bitcoin halving event, I mean how the impact for bitcoin price when this event come and I see that the halving event will give a bull run when it has happened. At least it need 3 months to see a good trend for bitcoin price is up, and I think it will be happened to the current halving event.

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Yummy as it was moving back to $9k, but ain't give much confidence that it will run through smoothly. It is better to observe the market first before drawing into the conclusion that we are on THAT thing (Bullrun). The market still rolling up and down, yeah, it gonna pretty to see the price moves high but shouldn't make buy today, bull trap...it sometimes to play. Who knows.

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

Really? Too much optimistic in my opinion
It's really to fast to reach 12-15k$ in the next month, for me it takes time to reach that's price. Bitcoin reach from $7k to $9 because FOMO of halving, everyone is expecting if bitcoin will reach new ATH, so people buy bitcoin before halving and make the price is pumped.

After halving many people will not expect to much, maybe he will sell it after halving and the price is dumped. Only a real bitcoin enthusiast is keep hodl

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Quote from: bitbunnny on May 02, 2020, 01:19:14 PM

Quote from: lunnatic on May 02, 2020, 12:34:38 PM

Bitcoin broke $ 9000 2 days ago, and now the price is back below $ 9000, strong resistance at $ 9000 must be overcome now,
if not the price can return to $ 7000, hopefully bitcoin will start bullish this year

Yes, the change happened fast. Bitcoin price broke 9000$ rather fast but it also pulled back quite fast. And we have to know that not every price rise is considered as bull run so it's not good to run with conclusions and especialy not to make decisions based on that.
Bitcoin price will rise again but at the moment I don't expect to see bull run and meanwhile corrections are possible too, don't forget that.

as you said, when the price of bitcoin goes down, the price of bitcoin goes up again, and currently stands at $ 9,000. however, it seems that this increase will stay in the range of $ 9k in a rather long time. apart from that, there is still the possibility that the price of bitcoin will reach $ 10k. it's just that I don't think that this is a bull run.

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Quote from: Kemarit on May 02, 2020, 08:52:36 PM

Quote from: KTChampions on May 02, 2020, 05:34:31 PM

How fast people forget about the past!

Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks.

Technically you're right, bull run could be defined as sustain rise in price in an extended period. Currently we are just seeing a minor run, but the thing is that the market is well alive after the corona virus scare and that is a good sign for us. Again, in the last 24 hours, the price seems to gather another momentum and pushing the price above $9000 again. And this gets more exciting as we approaches halving in less than 10 days. I guess in the next coming days, we will see threads about the price breaking five digits, LOL.

This is really good news as even if we are still in the pandemic crisis, bitcoin is trying to go up. We will know if we will continue this positive rise even after the halving. But I have the impression that we will even reach the 10k mark before this halving. So this is actually good for those who want to trade bitcoin in short term, as you can already get profit from this upcoming event in bitcoin.

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

This halving is very crucial because the chances that we can trigger the bull is still 50/50 even if the market right now is starting to grow. There is still a chance that the market will crumble after the bull run but if the market will continue to increase after the halving then we can say that the bull season has been triggered.

Let's just think positive because we can surely create a new ATH this year 2020 if the bull season the same with XRP price as everything will surely to follow once we will be in the bull season.

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Quote from: KTChampions on May 02, 2020, 05:34:31 PM

How fast people forget about the past!

Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks.

Technically you're right, bull run could be defined as sustain rise in price in an extended period. Currently we are just seeing a minor run, but the thing is that the market is well alive after the corona virus scare and that is a good sign for us. Again, in the last 24 hours, the price seems to gather another momentum and pushing the price above $9000 again. And this gets more exciting as we approaches halving in less than 10 days. I guess in the next coming days, we will see threads about the price breaking five digits, LOL.

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Quote from: KTChampions on May 02, 2020, 05:34:31 PM

How fast people forget about the past!

Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks.

People should think of that and watching off charts on what just happened before and we are indeed 9k wayback before we dip down back
in 3k price and as said we have just go back on where we before.Also, having this percentage increase doesnt signify that we are already on a bull run.
If price would break that 10k mark then i do somewhat convince myself that we might already be on that bull run but nothing is assured in talks of
future prices since its always unpredictable since from the beginning.

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How fast people forget about the past!

Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks.

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Quote from: lunnatic on May 02, 2020, 12:34:38 PM

Bitcoin broke $ 9000 2 days ago, and now the price is back below $ 9000, strong resistance at $ 9000 must be overcome now,
if not the price can return to $ 7000, hopefully bitcoin will start bullish this year

Yes, the change happened fast. Bitcoin price broke 9000$ rather fast but it also pulled back quite fast. And we have to know that not every price rise is considered as bull run so it's not good to run with conclusions and especialy not to make decisions based on that.
Bitcoin price will rise again but at the moment I don't expect to see bull run and meanwhile corrections are possible too, don't forget that.

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx.

Usually when there is huge surge in price in bitcoin many people dump their alts to ride the rally but i am not expecting that kind of rally in the coming months.

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

There was a call by analyst that the price would touch $0.22 and it touched those valuation and if the market continues to rally we might hit $0.3 soon.

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

If the market sentiment remains positive then we might touch $10k but anything higher than that in a months time considering the pandemic situation is less.

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Your expectation too high but I see optimist, that's good. I think this is only correction before halving event, people hunting bitcoin with assumption after halving they get much new coin with high value, good action but I think wasting time. For me, stay away from bitcoin is better. After halving we will know the right direction so we can built specific plan for it, just wait before lost money.

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Bitcoin broke $ 9000 2 days ago, and now the price is back below $ 9000, strong resistance at $ 9000 must be overcome now,
if not the price can return to $ 7000, hopefully bitcoin will start bullish this year

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

~snip~
What are your thoughts guys? Will we see the 12-15k$ in early next month?

^ It is early to predict with that high speculation price. As I may say it is not a bull run for me it is only because a lot of investments and trading are happening because of the economy where people are trying to find a safe haven for their assets. It probably a pump up but there will be no guarantee that it will last long once the economy started to stabilize again. Halving may also be a factor for the changes in price as what had happened in 2016 that a huge increase in price was posted before the halving. Nevertheless, not be safe for now to do trading nor sell for the situation is a bit unpredictable.

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Quote from: adaseb on May 02, 2020, 12:23:50 AM

Here is the issue that I see happening with this bull-run. I think the stock market might be topping and crypto is still correlated. Basically go to tradingview and click + and add SP500USD to your chart and see the difference, its not perfect but there is a correlation.

When earnings start to come out of these companies and they will all be bad, the market will jump back to reality and start to sell-off. If it sell's off so will crypto most likely. Hence the top might of been in at $9400.

I think we need to wait and see what happens next week when the markets open. If its a sideways or up week then I think we can go higher into the halving, but if it starts to drop then crypto will most likely follow.

I've been working under the theory that both markets will top together. The correlation is very strong. Predicting it is difficult though. Some brutal judas swings across the market Friday; Tesla, Amazon, etc. Lots of bearish potential with the S&P 500 dropping hard off the 0.618, but until it's pushing below 2,700 it's not clear yet. I agree we need to wait and see what the action looks like when futures open on Sunday.

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Here is the issue that I see happening with this bull-run. I think the stock market might be topping and crypto is still correlated. Basically go to tradingview and click + and add SP500USD to your chart and see the difference, its not perfect but there is a correlation.

When earnings start to come out of these companies and they will all be bad, the market will jump back to reality and start to sell-off. If it sell's off so will crypto most likely. Hence the top might of been in at $9400.

I think we need to wait and see what happens next week when the markets open. If its a sideways or up week then I think we can go higher into the halving, but if it starts to drop then crypto will most likely follow.

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

Although the market experience some setbacks, driving the price of bitcoin below the $9k mark, I strongly believe weren't done yet in regards to the upward movement of the price before the halving of the block reward gets completed successfully. We're appropriately just days away, meaning there's still some days for the FOMO to kick back in after the profit takers must have been done playing with the market.

I'm having this feeling that if the price doesn't cross the $12k mark before the halving date then bitcoin will dump in reaction to traders selling the news. Xrp crossing the $0.3 price mark is quite achievable but not in this month probably next month if the market stays positive.

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Quote from: LeGaulois on April 30, 2020, 12:40:40 PM

$9,400 this morning and $8,700 right now, a $700 drop. Hold your breath because it's possible we get slapped pretty hard in the next hours or tomorrow, going back to struggle to $7k. All those people who rushed out in the last few days to buy bitcoin in FOMO are likely to regret it once again. Don't be excited so quickly

It looks like it has hold for a bit and we have strong support at $8700. The sudden rise was a bit scary though and to that effect, correction is needed that's why we see the dump ~600$. But I think FOMO is still here until we touch $10k or when we cross halving itself.

Quote from: Youghoor on April 30, 2020, 05:27:52 PM

It was a great site watching the chats last night and how bitcoin was rising in value. I would not say we will enter a bull run but at least we are going to have a bit of a rise to about $10k maximum. Anybody thinking we are going to go past this would be surprised about the post halving dump that will hit us.

We can technically call it a bull-run, but the thing is that it is not that sustainable in the long run. Investors are quickly getting out and liquidating as soon as the price hit $9400. So it's either 5 digits again, or $7400.

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it looks like the current situation is still difficult to survive at a price of $ 9k. however, the increase that occurred a few days ago was really unusual. Yeah, but it's natural when the price drops after that. at the moment, the price of bitcoin reaches $ 8.8k and is very close to the price of $ 9k. I am quite optimistic that the price of $ 9k will be reached again next week. even more so if halving gives a good effect, the price could reach $ 10k.

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It was a great site watching the chats last night and how bitcoin was rising in value. I would not say we will enter a bull run but at least we are going to have a bit of a rise to about $10k maximum. Anybody thinking we are going to go past this would be surprised about the post halving dump that will hit us.

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Quote from: beerlover on April 30, 2020, 01:11:35 PM

Pump is thrown out like it is something super edgy and everyone who says it feels smarter. Pump is not something that is billions of dollars worth, these increases are not "pump and dump" they are increases and decreases.

If it can gain or shed $1000 in a few hours I'd call that a pump or a dump. The market cap might be 'billions', the actual amounts changing hands are a fraction of that. Look at the size of order books on exchanges. They're in the tens of millions, not billions.

There's an equilibrium of coins and dollars and it doesn't take much of a fresh injection of either for some outrageously outsized moves. That points to it being a pathetically illiquid market still.

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Pump is thrown out like it is something super edgy and everyone who says it feels smarter. Pump is not something that is billions of dollars worth, these increases are not "pump and dump" they are increases and decreases. Of course, there are falls after the price of bitcoin increases a lot, you want to know why? Because, there are billions in orders as well, that means when the price reaches above 9k that could mean that price could be $10k or $8k tomorrow. Neither means anything special, it just means there are people who wants to buy bitcoin or there are people who wants to sell bitcoin.

As long as we are talking about these huge numbers, it is not pump and dump. That happens when you pick a very tiny currency and just focus on that for a short period of time and hundreds of people get together to buy it to increase it, this is not even remotely close to whats going on with bitcoin.

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Unfortunately, after the bitcoin price hit more than $9k, the price is back to the lower price. It's surprising to see the price can move so fast at the market, from the higher price to lower price, and that happened in one day. But that is what happens with the bitcoin price, and we don't know how far the price will go down. We can prepare to see the lower price if the price really goes down deeper, but I guess we will have the opportunity to buy bitcoin at a lower price again.

If the price can get down to $7k, so be it. I am sure that many people will use that as their chance to buy as much bitcoin as they can because the next bullish trend will be more than $9,500. So if they can get much bitcoin in the next drop of the price, they will make a lot of money in the future.

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$9,400 this morning and $8,700 right now, a $700 drop. Hold your breath because it's possible we get slapped pretty hard in the next hours or tomorrow, going back to struggle to $7k. All those people who rushed out in the last few days to buy bitcoin in FOMO are likely to regret it once again. Don't be excited so quickly

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The current price of bitcoin has reached above $8k. So the market is unpredictable and we could not tell this early if this season starting a bull run. Also a lot of reason’s why there a sudden increase, but let’s hope we enter a bull run season this time.

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if not under $ 8000 Bitcoin is still running, but if under $ 8000 Bitcoin stops the Bullish trend,
we hope for sure the price of Bitcoin is above $ 8000 and Altcoin can party

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

What are your thoughts guys? Will we see the 12-15k$ in early next month?

I don't think Bitcoin is bullish enough to climb to that level in just a few days. It has already surged with more than $1,000 in just hours today. There will surely be retracement, possibly another build up for the next round of bull run but $12,000-$15,000 is going to take more than a week probably.

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Could just easily be a bull trap, though green is painted everywhere across the board. Movements on exchanges show some form of unity with resistance @ $9000 still going strong. I wonder if that would even hold on within the next few hours if the buying pressure continues its momentum. Anyway, it's premature to call this a bull run on its own but it certainly shows some life on the bloody markets for the past few weeks and we may have passed the sentiments and concerns regarding the pandemic. Of course, the danger is always there but people still has to make money, so they made their way into bitcoin.

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Truly I was surprised but I'm not going to trust this trend. I'm not really thinking about whales manipulation but it close to that point.
Halving is in the next month, the huge increase today it doesn't mean we are going to bullish again but rather to think a dump by tomorrow? I hope it won't and I hope there is no such trick. But people must be careful also, better to wait a few days before planning to take the risk. We can't tell this time the reason behind this pump (as mostly look into it).

$9k, $10k...next...it gonna be in bullrun.

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Probably just another solid pump however we cannot pinpoint the factors behind this pump except for the upcoming halving event and maybe the strong demand for Bitcoin during this crisis. For the meantime lets watch this closely, we know how Bitcoin price works it could also drop hard anytime soon.

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your own liquidation alert or somethibg else ? but this does not matter if its you or others because the reason you set it is because you wanted to sell and what happens when we sell ? thats right the price can do down again so i will not really consider it as a bull .

i will only say its a bull run once btc reached a really high value . many speculations say it will crossed 10k usd in a matter of time . thats a positive prediction but well see about that .

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No it's not a bullrun, actually it's halving effect and this doesn't mean it's a Bull run. FUDs and hype has become extreme and we are experiencing it, for your information BTC is again going down.

Guys this is not the right time to invest in crypto coins, market is very diplomatic so it's better to wait for few more days.

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Quote from: buwaytress on April 30, 2020, 12:45:24 AM

Quote from: cabron on April 30, 2020, 12:31:55 AM

You just said it got pumped to 9k. You have a slight idea what pumped means right?

Its definitely not bullrun, its a ploy halving is few weeks ahead this could mean that after halving the whales who manipulated this will dumped all he got and all those who bought today will lose more when the price dumped to less than $3k.

Just because he said it does not make it true. If it is a pump, then sure, it'll retrace, and yeah it could even go back all the way to 3k if that leads to serious dumping -- but that doesn't mean it'll not go back to the average cost price in the time that'll follow.

This kind of price rise isn't unusual for Bitcoin so yeah, I think there's a certain degree of halving fomo coming up here. I just think it's actually sustainable given what's happened the last quarter. And yeah I know just because I think it doesn't make it true;)

It could. Probably there a little FOMO to it but it's just too good to be true that in less than a week the price can leap that high. More than 15% in 24 hours, without anything serious going on and no news about anything, it doesn't compute. It only adds the public's idea of BTC being a scam, the whales shouldn't be doing this. We could just stick to the current price for 3 more years till they can't squeeze a few satoshis anymore from tiny investors.

Oasisman

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If you notice the price movements this year, Bitcoin can't sustain a sudden pump, It'll always have a pull back right after it breaks the resistance level. Investors nowadays is quick to sell whenever they see opportunities, that's why I'm afraid we're not going to see a "bull run", not just some speculation bullrun whenever theres a gradual rise.

Right now Bitcoin made a short pull back from $9,000 level down to $8,900. I guess massive selling just got started.

gentlemand

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I wouldn't expect it to last and it's exactly the type of thing buyers want so all it would take is one person to spark it and then they sit back and let others do the running.

All the same it's a bit of fun so I'll take it. Any sign of life is better than watching a poo sitting there on your bathroom floor.

YuginKadoya

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It is a massive pump alright but I think it will not last I think it is driven because of the hype we had on the halving which will be after 11 days from now, I would not say this is a fluctuation that Bitcoin had always done, partially I don't really want to buy at this moment and would not sell as well until the halving had ended then that will be a readying stage to make a sell and I am not encouraging anyone to really buy for now and sad but true many are in deep crucial situation regarding their financial status.

exstasie

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Quote from: Wexnident on April 30, 2020, 03:38:09 AM

That's a fat close to $2k gain in 24h. I was quite shocked that the price was that high when I checked it out. And there wasn't even a steady movement of ups and downs which honestly makes me think that the price would most likely retrace itself in the next few days.

Feels a bit dangerous, yes. Too far, too fast. It very much feels like a short squeeze. Bitfinex shorts dropping like a stone, down 45% in 2 days. Longs are up 52% in a week too.

I closed the last of my longs a couple hour ago. If it keeps going up without any consolidation, so be it. I'll be on the sidelines for a bit.

Wexnident

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That's a fat close to $2k gain in 24h. I was quite shocked that the price was that high when I checked it out. And there wasn't even a steady movement of ups and downs which honestly makes me think that the price would most likely retrace itself in the next few days. Yes I'm glad it broke $9k but really, Breaking and staying at a price range is quite different and I'd honestly prefer the latter to happen instead of the former. Ofc, if it manages to stay at above $9k then everyone is happy but with how much it actually grew in just 24h, I'd honestly doubt it could happen. If somehow BTC manages to still grow higher even more than what it has already shown in the next 24h, you could probably expect a sharp drop after it in the next few days. Just hope it doesn't go back to the $3k area.

fat buddah

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my thoughts yes about 15k next month at least if it will follow late years scenario

durilup

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Well we already know that there will be a pump because bitcoin halving is approacing in almost 2 weeks . I think the maximum price of 1 btc during this period will be 11.000 usd . I do not think we can go higher this ammount in the following 3 months . It was already pumped too much

Bitlover10

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Still I can't believe that btc Cross 9k. How fast btc recover from their deep. I was waiting for buying at 6k but it's never come back again after last dump when it's touches 600 dollors something. In this corona pandemic no one can believe that it will going to happend. I was also looking big price moves up and down. Its totally looks like whales games. They can easily makes 1k up and down. I don't know from where all these usdt came from. That kind of price fractuation makes me worry.. Lets see if it's break 10k or not before halving. I already loss in short 800 dollors.

Sadlife

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Well we have broken massive resistance in $7700 level and $8500 so this is the reversal that we've been waiting for. And if we manage to have a green candle bar by the end of this week then we should look for higher prices. Also if the price can manage to go sideways for a week and have a small correction but quickly recovers then that's an indicator to buy more.

leyton11

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
What are your thoughts guys? Will we see the 12-15k$ in early next month?

When bitcoin rises too strongly, it will fall very fast. This is the law of finance and it is always true. If in the coming days, the price of bitcoin can rise to $ 12k or $ 15k then let's determine that we will have a bad downtrend season. Growth always takes time and we should hold in the long term. I just hope by the end of this year bitcoin can rise to $ 15k and sideway there again. That is where all the alts can grow again, especially those with strong technology and community like Tron, Link and Band.

CryptopreneurBrainboss

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Prior to the halving discussion been the norm in the community, Bitcoin hardly does a $1000+ price gain in 24hrs hours most especially after it price has been on a steady recovery rate since the beginning of the year. This upward price trend just have one catalyst and it's the FOMO of post halving price gain every investors in anticipating.

The news media are also contributing to this FOMO as I'm been made to understand that, there has been a spike in the numbers of news article informing its readers of the benefits of buying bitcoin prior to the halving event and many newbies are blindly investing with the mindset of not missing the price gain and an opportunity to make some extra cash especially as the current economy of the world is uncertain due to the pandemic.

matchi2011

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Quote from: cabron on April 30, 2020, 12:31:55 AM

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

You just said it got pumped to 9k. You have a slight idea what pumped means right?

Its definitely not bullrun, its a ploy halving is few weeks ahead this could mean that after halving the whales who manipulated this will dumped all he got and all those who bought today will lose more when the price dumped to less than $3k.

Lets not kill the fun and keep hoping that this so called pumped will be back up of those new investors who seen the potentials of this industry. Though chances that you are right is also needs to consider since if the definition of pumped are only created by big fat whales then expect them to liquidate
once they've already see the amount of what they've aiming to be the compensation from this market.

buwaytress

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Join the world-leading crypto sportsbook NOW!

Quote from: cabron on April 30, 2020, 12:31:55 AM

You just said it got pumped to 9k. You have a slight idea what pumped means right?

Its definitely not bullrun, its a ploy halving is few weeks ahead this could mean that after halving the whales who manipulated this will dumped all he got and all those who bought today will lose more when the price dumped to less than $3k.

Just because he said it does not make it true. If it is a pump, then sure, it'll retrace, and yeah it could even go back all the way to 3k if that leads to serious dumping -- but that doesn't mean it'll not go back to the average cost price in the time that'll follow.

This kind of price rise isn't unusual for Bitcoin so yeah, I think there's a certain degree of halving fomo coming up here. I just think it's actually sustainable given what's happened the last quarter. And yeah I know just because I think it doesn't make it true;)

Tipstar

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Quote from: thebutton on April 30, 2020, 12:23:34 AM

I am very skeptical with the recent development of Bitcoin's price over the past days which I think is very unusual and in fact in your statement:

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

Will we see the 12-15k$ in early next month?

This is exactly what I think to have driven the price this high. In my case, I do not find this the right time to purchase BTC because it may dump anytime after they realized that the movement was too sudden. It is quiet surprising tho since not too long ago (last month) the price was around $3.7k compared to the current price (which is $9.2k in Binance as of writing this). I am just waiting for the market to calm down so I can resume trading. I don't know how to proceed trading considering how unstable it is at the moment.

It's not too difficult to answer. Most of the new coins sold on exchanges comes from miners and as we are approaching a halving which would essentially give miners half of the reward they are getting now. i.e. their profit would decrease to half if they kept selling the coins in the same price or even go into loss. It's a market response that's not new to bitcoin economy.

cabron

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Quote from: yummybtc on April 30, 2020, 12:15:02 AM

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

You just said it got pumped to 9k. You have a slight idea what pumped means right?

Its definitely not bullrun, its a ploy halving is few weeks ahead this could mean that after halving the whales who manipulated this will dumped all he got and all those who bought today will lose more when the price dumped to less than $3k.

thebutton

jr. member

Activity: 37

Merit: 7

I am very skeptical with the recent development of Bitcoin's price over the past days which I think is very unusual and in fact in your statement:

Quote from: yummybtc on April 30, 2020, 12:15:02 AM

Will we see the 12-15k$ in early next month?

This is exactly what I think to have driven the price this high. In my case, I do not find this the right time to purchase BTC because it may dump anytime after they realized that the movement was too sudden. It is quiet surprising tho since not too long ago (last month) the price was around $3.7k compared to the current price (which is $9.2k in Binance as of writing this). I am just waiting for the market to calm down so I can resume trading. I don't know how to proceed trading considering how unstable it is at the moment.

yummybtc

jr. member

Activity: 35

Merit: 3

hi guys,

just got the notification that BTC got pumped to 9k.
I saw a lot of liquidations on Bitmex alert.
from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon.
This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.

What are your thoughts guys? Will we see the 12-15k$ in early next month?

Topic: BTC breaks 9k, are we on bull run? (Read 1133 times)