Topic: BTC doing good after this big dump - page 5. (Read 4349 times)
At the moment price is quite unpredictable even after this drop it recovered so quickly. Now chance is so good to touch $1300 in next run I think next week this will happen and before end of Q2 it will be over $1500 with this trend.
it's a quite big dump but its not mean that bitcoin price BTC will surely pump again and surprise as . just keep investing while bitcoin price is in low price because anytime bitcoin could surprise as i miss when the price of bitcoin reach the $1200 more. it leaves me a lot of regrets when i cash out my bitcoin while its on $1100 then suddenly it reach that price quite enough to surprise some of us.
This time price dumping have paved path for a sustained growth soon after the fall towards $900 during tbe time of BU gaining support. In a short scenario changed price moving to the one from which fell. So now the gradual decrease was not much concerned which has started to reach close to $1190 once again.
I wouldn't call that a big dump. Bitcoin has seen way way bigger dumps.
The smart guys bought the dip and enjoy their grown BTC stash.
In terms of the price I believe we will continue hovering around the 1100-1200 area for a while.
To shoot upwards we need some major positive news imo.
The smart guys bought the dip and enjoy their grown BTC stash.
In terms of the price I believe we will continue hovering around the 1100-1200 area for a while.
To shoot upwards we need some major positive news imo.
For now I see bitcoin at above $1100 mark with the value of $1197 according to preev. Personally I would want it to dump a little lower to below $1100 so that I can rebuy cheap bitcoin but I don't think it would go down to price ranges lower than $1100 for now probably. I wouldn't call what happened a dump though since it is little, rather it is just a dip, a little one since changes below 100$ is normal with bitcoin.
Right now bitcoin was keeping his stand with the $1100 mark and the value as of now is $1189.40, I think it is very too soon to say that bitcoin would now go to the $1300 mark, and I think even if there are dumping occur it is just a small portion of it and it is not a real dump and bitcoin is just rotating to it's course
I would call that little dip the correction. It was small but quite a sharp drop after it clearly went too high.
as far as I know a correction shouldn't be sharp. it is usually a slower drop. the sharp dips usually show some kind of manipulation and followed by panic sell. mostly starting with the expectation of a drop (in this case the SegWit drama by F2Pool) and then weak hands jump.Quote
(shouldn't be relevant but it is) hype about Japan's new laws,
why shouldn't it be relevant?it actually is a big news in my opinion and we will continue feeling it s effects for a long time.
Quote
so generally the outlook is quite positive
yeap. price is $1205 right now according to bitfinex.
if it's hit $1300 that will be a good news but for now we're currently on @ $1200 but im hoping that bitcoin would hit and stay in $1300 but that's not bad enough because when i started bitcoin it was around $500-$700 so its a lot of difference before than now. that's why i could say or i have the right to say that bitcoin is really doing well than before.
We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
Just like what others said, I don't go for it that it was a big dump. It's only a very small fluctuation compare to what happened from the past like Mt.Gox and with the BTU drama.The price right now is at $1,199 on preev and it will keep on moving and stable at that rate. We'll see that $1,300 very soon.
yes bitcoin has done a lot better and it will become better .well you may have noticed that the price of bitcoins have become stable .well this will be better and the price of bitcoins would become higher and the price of bitcoins would be more than 2000$ by the end of july .lets hope best for the future.
We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
I wouldn't really call that a big dump. It was a small dip. I wouldn't be surprised to see more of a drop to below $1000. The prices right now are still high so a correction is not unexpected.
The floor is really around $1050-1100 right now and it's unlikely to break that due to the strong resistance in the market.
We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
I wouldn't really call that a big dump. It was a small dip. I wouldn't be surprised to see more of a drop to below $1000. The prices right now are still high so a correction is not unexpected.
it is usually a big dump when you see something like this on the chart with a very sharp drop and a very big volume. the amount it went down is about $60 which you can say is not that big with bitcoin standard and the percentage is not that big either (5%) but it is still a big amount to drop in a short time.
good news is that the resistance has been good and it bounced back up and it fit breaks $1200 again i say it is safe to say it is over but it may not be this fast.
We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
I wouldn't really call that a big dump. It was a small dip. I wouldn't be surprised to see more of a drop to below $1000. The prices right now are still high so a correction is not unexpected.
We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
Jump to: