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Topic: BTC Holding Strong - page 2. (Read 1369 times)

hero member
Activity: 2632
Merit: 833
September 26, 2018, 02:01:15 AM
#65
I think that experience has shown the great futility of technical analysis to make accurate predictions about the future performance of bitcoin. In previous moments, many predicted that the lines of $1,000, $5,000, $10,000, $15,000 would be important resistance levels, but were broken without any problem by Bitcoin. What is a fact is that it will be difficult to repeat a period of speculation as intense as that experienced in 2017, but we all know that almost everything is possible in this unpredictable market, so it is really worth to keep and hold some coins for long.
Well, one thing people have always failed to understand is that TA is not meant to give you exactly what is obtainable in the future, it is only there to guide you on how to balance your movement and decisions with the trend of the market. I always wonder why people tend to think that as long as they have the knowledge of TA, then they should be able to predict the future and that sort of huge expectation for the future is what makes them to lose sight of what is at hand at the present moment when it comes to trading the market.

Because sometimes TA does work, but most of the time it doesn't, so we couldn't discount TA though but to really understand the market you have to based on the overall sentiments and the current news to say where the direction of the price will be.

As for the price holding, I do believed that there are so much at stakes right now that investors are willing to buy at any point and doesn't want the market price to go below $6K.
full member
Activity: 518
Merit: 145
September 26, 2018, 01:38:30 AM
#64
I think that experience has shown the great futility of technical analysis to make accurate predictions about the future performance of bitcoin. In previous moments, many predicted that the lines of $1,000, $5,000, $10,000, $15,000 would be important resistance levels, but were broken without any problem by Bitcoin. What is a fact is that it will be difficult to repeat a period of speculation as intense as that experienced in 2017, but we all know that almost everything is possible in this unpredictable market, so it is really worth to keep and hold some coins for long.
Well, one thing people have always failed to understand is that TA is not meant to give you exactly what is obtainable in the future, it is only there to guide you on how to balance your movement and decisions with the trend of the market. I always wonder why people tend to think that as long as they have the knowledge of TA, then they should be able to predict the future and that sort of huge expectation for the future is what makes them to lose sight of what is at hand at the present moment when it comes to trading the market.
member
Activity: 329
Merit: 14
September 24, 2018, 12:19:10 PM
#63
I think that experience has shown the great futility of technical analysis to make accurate predictions about the future performance of bitcoin. In previous moments, many predicted that the lines of $1,000, $5,000, $10,000, $15,000 would be important resistance levels, but were broken without any problem by Bitcoin. What is a fact is that it will be difficult to repeat a period of speculation as intense as that experienced in 2017, but we all know that almost everything is possible in this unpredictable market, so it is really worth to keep and hold some coins for long.
full member
Activity: 448
Merit: 100
August 31, 2018, 10:51:09 AM
#62
https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/

It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

Good Luck Traders,
The Elysian Team
very high self-confidence, I am amazed by you!
but are you not at all afraid of the risks that you will face later? yes maybe you have prepared everything before doing HODL> STRONG
Btc holding always profitable those who become millionaire they always invest money for a long term way its not like a shorterm way. Btc price very unpredictable no one can say what happen next so i always try to hodl it for long term.
newbie
Activity: 140
Merit: 0
August 31, 2018, 08:44:22 AM
#61
https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/

It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

Good Luck Traders,
The Elysian Team
very high self-confidence, I am amazed by you!
but are you not at all afraid of the risks that you will face later? yes maybe you have prepared everything before doing HODL> STRONG
full member
Activity: 486
Merit: 102
August 31, 2018, 06:56:52 AM
#60
Bitcoin not so much grow now, but i think will grow a lot next months. Now is best to get more bitcoin and hold before ETF approve or delay.
member
Activity: 336
Merit: 10
W12 – Blockchain protocol
August 31, 2018, 06:32:16 AM
#59
This year is not good for bitcoin and the whole cryptocurrency as we had hammered with many bad news and the bearish trend continues to slowly killing the crypto prices. Although this had been predicted to bounce back soon and I think no need to worry as bitcoin is holding strong to survive.
full member
Activity: 364
Merit: 100
August 31, 2018, 05:45:06 AM
#58
I'm not that confident as you are. I don't think the price of bitcoin will keep the pace on. I think Bitcoin might going to be a stable currency. I know the time hasn't come yet but still I don't think the price or value of the BTC will keep rising like this week. The pace might keep heading up for a month or two, then again it will fall. I'm pretty sure this is what is gonna happen.

I agree with you, that the price will not continue to rise, there will still be a decrease again but in my opinion only slightly down and will go up even slowly.

Maybe it will not continue to increase because the market is volatile but still we can expect for the price to pump up again just like what happened last year.
member
Activity: 416
Merit: 21
August 31, 2018, 01:28:17 AM
#57
From the past few days, we have absorbed Bitcoin price is kept increasing some level but not fastly, this is a really good sign because if it increases fastly then at one stage suddenly the price will drop. So holding Bitcoin in long term is always good because in long run we can easily make a good profit compared to the short term.
newbie
Activity: 126
Merit: 0
August 31, 2018, 12:57:41 AM
#56
These past few days, bitcoin is rising and now the price of it ranges from 8.5$ - 9K$ already. I like how bitcoin moves these past few days but I know that it will find a correction at around 8400-8500 maybe before going up to 10k$ or more. Bitcoin is holding strong at this moment because of the good news that has been spread across the internet. I hope this will continue in the following months.
member
Activity: 392
Merit: 10
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August 25, 2018, 04:57:40 PM
#55
I think bitcoin holding depends on the situation and depends on the person, there are also those who have very weak strength and are easily affected and there are also very strong ones who can withstand until the price can rise again.
This will also depend on the psychology of each investor. If you listen to the market and look at the market. It is very tired and puzzled. I think it's a good idea to keep it natural if you're not a professional investor. That's a bit slow for asset security.
full member
Activity: 602
Merit: 118
August 25, 2018, 04:14:56 PM
#54
Everyone is now finding opportunity with bitcoin even though there is a lot of negativity surround it there is still people who got encouraged so as long as the demand is continuously going there is a lot of potential for bull run in the market, the current situation got back in to stable but I doubt it will stay that way any further since with ups and down there should be high hopes for it to go back from its top price and regain the confident that the market has few years ago.

For example myself. To this day I still believe the price of bitcoin will grow to a significant level, so to this day I continue to make purchases, even though I only buy a small amount, in essence I contribute to its growth.  For me, the prospect of bitcoin will continue to improve despite the other negative things that will come.
full member
Activity: 392
Merit: 100
August 25, 2018, 02:02:45 PM
#53
for now, in my opinion, bitcoin is not going to be high, so don't take too many advantages, for this market condition, you have to wait for the holders, hopefully this condition will end and turn into a smile, God bless us all
hero member
Activity: 924
Merit: 500
August 25, 2018, 01:26:54 PM
#52
I think bitcoin holding depends on the situation and depends on the person, there are also those who have very weak strength and are easily affected and there are also very strong ones who can withstand until the price can rise again.
hero member
Activity: 1106
Merit: 501
August 25, 2018, 12:44:43 PM
#51
Everyone is now finding opportunity with bitcoin even though there is a lot of negativity surround it there is still people who got encouraged so as long as the demand is continuously going there is a lot of potential for bull run in the market, the current situation got back in to stable but I doubt it will stay that way any further since with ups and down there should be high hopes for it to go back from its top price and regain the confident that the market has few years ago.
hero member
Activity: 2842
Merit: 772
August 25, 2018, 10:52:27 AM
#50
The bleeding market has now started to recover a bit and of course it is a good sign. This gives a hope that the price will rise soon and we will be able to make out good amount of capital gains. Now that there is some hope, we can think of buying some coins so for good times in future. BTC holding was, is and will remain the strongest of all the crypto currencies in the market.

Yeah and it seems to be becoming more and more resilient nowadays with the value being steady at around 6.5k. Good sign really if you ask me. I expected us to go a little closer to 6k or 5.9k with the etf rejection but it seems bitcoin doesn't really need that lol

Yes, it really means that the price around the $6300-$6500 has a strong support from traders. Its a good indication that we might have seen the last bottom for this year, although anything can still happens..

However, as much as the support is strong at that levels, resistance to $7000 is stronger as well. That's why we are just trading sideways, with no demand coming in. So I speculate that investors are just waiting in the wing for now because there's no movement whatsoever.

Nah, I'm not sold with ETF's, SEC will just throw it on the garbage because this market is not be prone to market manipulation.
hero member
Activity: 1246
Merit: 529
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August 25, 2018, 08:06:56 AM
#49
The bleeding market has now started to recover a bit and of course it is a good sign. This gives a hope that the price will rise soon and we will be able to make out good amount of capital gains. Now that there is some hope, we can think of buying some coins so for good times in future. BTC holding was, is and will remain the strongest of all the crypto currencies in the market.

Yeah and it seems to be becoming more and more resilient nowadays with the value being steady at around 6.5k. Good sign really if you ask me. I expected us to go a little closer to 6k or 5.9k with the etf rejection but it seems bitcoin doesn't really need that lol
full member
Activity: 420
Merit: 110
August 23, 2018, 11:44:56 AM
#48
The bleeding market has now started to recover a bit and of course it is a good sign. This gives a hope that the price will rise soon and we will be able to make out good amount of capital gains. Now that there is some hope, we can think of buying some coins so for good times in future. BTC holding was, is and will remain the strongest of all the crypto currencies in the market.
sr. member
Activity: 719
Merit: 250
April 24, 2018, 12:11:18 AM
#47
I'm not that confident as you are. I don't think the price of bitcoin will keep the pace on. I think Bitcoin might going to be a stable currency. I know the time hasn't come yet but still I don't think the price or value of the BTC will keep rising like this week. The pace might keep heading up for a month or two, then again it will fall. I'm pretty sure this is what is gonna happen.

I agree with you, that the price will not continue to rise, there will still be a decrease again but in my opinion only slightly down and will go up even slowly.
I think it will go up slowly the resistance support is strong if their is a slight down it will rise. Btc holding at this moment may resulted a huge profit afterwards when you sell. Yes this pace I am positive will go beyond stronger.
hero member
Activity: 1526
Merit: 596
April 23, 2018, 10:56:03 PM
#46
https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/

It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

Good Luck Traders,
The Elysian Team

BTC has broken the $9k barrier quite decisive at the moment.

I wouldn't just to conclusions just yet and say that bitcoin is going to jump into a bull market from this point on, because we have no idea whether or not this will be sustained. Since prices rose so quickly and by so much I'm leaning towards this being a short term pump that won't result in an actual bull market.

I just don't think that bitcoin has consolidated long enough for this to be the start of an actual bull market. 2014's bear market lasted for more than a year before the prices actually bottomed out. I think we'll have to wait until at least Q3-Q4 of this year to see prices bottom out and consolidate fully.
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