Markets have their own cycles, if bitcoin falls to below $ 6,000, this will provoke a panic, as in 2013. After this, the market will recover for a very long time. I'm not sure that the big players will allow this option.
It has every cycles in the market a cycles that should be observed. Indeed once it continues on going down many would sell really of their bitcoin because market feels cant survive if that happens. But ofcourse since fluctuation it will increase in the market. 
Topic: BTC new trend (Read 331 times)
Looks like bitcoin is at strong support and is ready to sky rocket from here, only if it can break 11700 and then 12000 resistance then bitcoin can be unstoppable, im still positive about it.
He does not have any support. Large investors sold Bitcoin and no longer keep it on their wallets. What are we to do with mortals in this situation? 
Markets have their own cycles, if bitcoin falls to below $ 6,000, this will provoke a panic, as in 2013. After this, the market will recover for a very long time. I'm not sure that the big players will allow this option.
MtGox rumors are true. if you look daily btc graphic you will see all big dumps are in Tokyo time so they sold a lot btc and btc got dumped hard. but it will end and there will be no more btc to sell and than pump will start. Daily and 4hours RSI in btc is in dip , its just oversold and people who believe btc will buy btc . when btc rise / recover all alts will follow. total marketcap will reach again $800 billion . so be patient guys and HODL.
Someone sold about 500 millions worth of bitcoin to the Japanese market. But that makes me curious about why he was doing it rather than try to hold an auction for a lot of his bitcoin? it seems a bit strange to me. But the fact he was saying he has confused to manage the rest worth 1.8 billion of bitcoin.
Everyone still believes in bitcoin and its further growth, and we see its fluctuations at the level of 10k and as soon as it tries to overcome this mark, correction and recession immediately go down to 8k. Personally, my opinion is that this is his limit and you need something new for his growth.
4 Hours graphic
https://i.hizliresim.com/Ygp2k2.jpg
Day graphic (40k ?)
https://i.hizliresim.com/BLNm8L.png
I think the market has not really got a fulcrum to bitcoin as spectacularly as last year. The information is not very positive is always the point of causing the outbreak of bitcoin as the problem binance is encountered and need to authenticate.
https://coincentral.com/binance-funds-safe-users-affected-api-hack-will-unauthorized-trades-reversed/
Looks like bitcoin is at strong support and is ready to sky rocket from here, only if it can break 11700 and then 12000 resistance then bitcoin can be unstoppable, im still positive about it.
Hopefully this is true, I hope so because if Bitcoin price to the moon at least the other coins also going up although the alt coins price will be going up when Bitcoin price is stable right? I'm just believe this tech, learning how to read that graphic is not easy that I thinkGraphics like @OP's cannot count events like Bitgrail hack, Binance fail yesterday, etc.
I also think that Bitcoin will soon crack the 12000 resistance.
How about now? The market crash again. I still believe the market can recover later. Hopefully, peoples not doing cut loss because of this condition.
I think bitcoin will recover soon, though the end of the decline has made all panic and has aggravated the state of Bitcoin price movement.
when Bitcoin rises / recovers all alts will follow, so be patient guys and HODL.
BTC is rekt right now, we will have bear continuation until 3k IMO and then lets see. It definitely doesnt look good, thats all I know.
Long term im very bullish thought, mt. gox selling off all their coins is a blessing. This sellpressure will be gone.
Long term im very bullish thought, mt. gox selling off all their coins is a blessing. This sellpressure will be gone.
I think we are going to test the lower side a little more. I can't see another huge bull to new highs any time soon. I think any progress made from now until all time highs will be very staggered. Or I hope it will anyway because the kind of run up we saw in December was pretty unhealthy and full of speculation and exuberance.
Looks like bitcoin is at strong support and is ready to sky rocket from here, only if it can break 11700 and then 12000 resistance then bitcoin can be unstoppable, im still positive about it.
Hopefully this is true, I hope so because if Bitcoin price to the moon at least the other coins also going up although the alt coins price will be going up when Bitcoin price is stable right? I'm just believe this tech, learning how to read that graphic is not easy that I thinkGraphics like @OP's cannot count events like Bitgrail hack, Binance fail yesterday, etc.
I also think that Bitcoin will soon crack the 12000 resistance.
How about now? The market crash again. I still believe the market can recover later. Hopefully, peoples not doing cut loss because of this condition.
Bitcoin still can’t go over the $11k mark yet because of the negative news its thrown at, it just dropped down back again to the $8k+ mark thus correcting again its price before it reaches back the $11k again. It will be a difficult year for Bitcoin but I’m sure it will soon recover.
Looks like bitcoin is at strong support and is ready to sky rocket from here, only if it can break 11700 and then 12000 resistance then bitcoin can be unstoppable, im still positive about it.
The decline that occurs according to the analysis will only be a moment. A lot of speculation says that Bitcoin prices will rise again and that it's happening right now, panic a few hours ago has also aggravated the state of Bitcoin's price movement. As before that the decline in Bitcoin prices has made a big impact on the price of Altcoin, Bitcoin is amazing because it can affect various aspects of the world of digital currency as a whole. 
MtGox rumors are true. if you look daily btc graphic you will see all big dumps are in Tokyo time so they sold a lot btc and btc got dumped hard. but it will end and there will be no more btc to sell and than pump will start. Daily and 4hours RSI in btc is in dip , its just oversold and people who believe btc will buy btc . when btc rise / recover all alts will follow. total marketcap will reach again $800 billion . so be patient guys and HODL.
Rumours and TA showing,that it might bounce from around where it is now,and up trend we will see.Hope so.Makes me crying seeing my alts -x2-x3 for last few months:/
I think we will going down again to $6000 in the next few weeks and the hold in $6000-$8000 range for months before we can goes up again. Or maybe this bear will last untill 2021 then we can see clear sky to make all new time high. I predict we will touch $100k in 4 years from now.
New Trend?
Looks for a new new bloody time.
Why? I don't now.
Looks for a new new bloody time.
Why? I don't now.
4 hours graphic
new trend (8730 $ under )
https://i.hizliresim.com/rOp6zP.jpg
I think that bitcoin will not grow for now. Too many optimists))). As soon as many lose hope, the market will take rise.
New Trend?
Looks for a new new bloody time.
Why? I don't now.
Looks for a new new bloody time.
Why? I don't now.
support for 9k$ is outstanding, I am guessing 15k$ will happen this april, if not, then 10-12k$ is the fluctuation area. Too much FUD nowadays by the way.
Especially a new article created by a liar. It looks like bitcoin will go to 9k again. I think that 9k should be a bottom to the bitcoin itself. Another increase in the bitcoin soon. At the end of this year it may break another ATH or even more. It looks like we have strong support at 9k rate. Some people were seeing about the possibility of bitcoin to get a big jump in a short time.
Bitcoin $9K support is holding for now. It needs to go above $10K and then $12K to indicate that this
correction is really over.
correction is really over.
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