these guys claim that the price will be 23 in may. what do you think about this?
https://coinswitch.co/news/bitcoin-price-prediction-2019-btc-price-to-touch-23500-in-2019
is the name of the article: Bitcoin Price Prediction 2019 - BTC Price to Touch $23500 in 2019
Topic: BTC now above $5k, seem like its not just a pump? - page 3. (Read 722 times)
I'm kinda conflicted with these events unfolding. Of course I'm glad because bitcoin's price is increasing again after many months. However I am worried that this would affect the price on the long term. It's like q4 2017 all over again. Price would increase at a fast rate and many newcomers would enter the market, only to get burnt when fud happens.
I thought this was the hand work of some whales that could lead to bull trap, but it appears we are set for bull run. Should this momentum continues, Btc will cross $6K this weekend. Who knows, we may hit $8k next weekend. I just hope this is sustained and the FUDers pack their loads and never return. Let the part continues.
It seems we're going to seriously go for that 5k mark again and this time i hope it gets sustained. I'm watching the price from binance and it did go to 5030 at one point. A few more bucks at the moment and we're back at 5k. If it becomes our new support line then the second quarter of this year would be quite promising. The entire 2019 could be promising.
The current bitcoin price movement can be said to be very fast and a surprising moment for all bitcoin investors. After falling below US $ 4,200, the price of Bitcoin has repeatedly tried to stay above the US $ 4,000 limit. thanks to encouragement from traders for the past 24 hours, BTC prices have managed to break above $ 5,000. This is a big advantage for investors investing in bitcoin before the rapid increase now.
Bitcoin price spiked above $4,900 and fell back down to $4,700 almost immediately
But the price continuously crawled higher and higher for the past 24 hours and it is now above $5k at $5,011 according to CoinGecko.
This round of price spike has no obvious fundamental factors or news affecting it and is fairly confusing to most traders who shorted in Bitmex.
Or are we possibly missing something out?
Bitcoin price: $5,011
24h Low / 24h High: $4,180.30 / $5,037.31
24h Vol: $27,012,290,123
Market Cap: $88,306,071,582
https://www.coingecko.com/en/coins/bitcoin
But the price continuously crawled higher and higher for the past 24 hours and it is now above $5k at $5,011 according to CoinGecko.
This round of price spike has no obvious fundamental factors or news affecting it and is fairly confusing to most traders who shorted in Bitmex.
Or are we possibly missing something out?
Bitcoin price: $5,011
24h Low / 24h High: $4,180.30 / $5,037.31
24h Vol: $27,012,290,123
Market Cap: $88,306,071,582
https://www.coingecko.com/en/coins/bitcoin
I think the trend starts like that, first it pumps and comes down and one fine day it starts increasing again but people do not buy with the fear that its a pumping and dumping game again, this time it goes up and up and this is why whales earn in this market and most of the people lose their money here. I believe Bitcoin has spent many months at low price and now community wants it price to be appreciated.We may see a good bull run in near future, lets hope for the best but be prepared for the worst.
5,000 appears to be resistance, so while the price may have briefly eclipsed that level, it came back down. It will likely retest that level, but before then it may dip on some profit-taking.
It is kind of weird for the Bitcoin which has 10-15 billion daily volume. I guess pump first affects and then retracts. Anyway, yeah, we are closer to the bull market and continuity would be more reasonable.
In the news they write that the rise of Bitcoin to $ 5,000 is allegedly due to the error of trading robots, which worked after one of the traders bought a large amount of BTC at several major crypto exchanges. But honestly, I do not believe it. I think the market is ripe for growth, and we are apparently beginning a new uptrend.
After it reaches $5k, the price went down a little bit. It backed down to about $4900+. But, look at the bright side, the $5k resistance was broke now. That could have a new support but, I don't know why bitcoin went down again at 4900.
not a pump ? then what should we call it ? a bull trap ? so what if its a bull , most users already sold thier hodlings that is the reason why the price deceased a little . and if its a bull trap then why the price still remains at 5k usd ? hmmpff ? oh well , for me , the 4k that we expeienced last time is i already considered as a pump and i dont know any term to descibe the incease of the price aside from pump .
the most important thing about this rise was the strength of it based on the buy support that it currently has and the huge spike in the volume in buy orders that has been happening in the past 24 hours. so you can't possibly say it was a "pump" unless you have little familiarity with the bitcoin market.
It is not just a bomb, it is a movement that was preparing, by looking at the graph you can see that the volume of the movement was something big, and its movement in the market too, which, the operator had to realize that previously at those levels of prices was not so great and could overcome it, however, when analyzing from the theory of Wyckoff, you see the fact of Effort-Result, and you are waiting for reaction from the entire market, the best that can happen is that is stabilized in these price ranges, producing a lateralization, so that it continues to rise gradually, and the bearish sentiment is falling its ideas, it is all a matter of waiting at least 1 week to see how it continues to develop, but the environment is very positive , the iversores are encouraging themselves to buy more.
Bitcoin price spiked above $4,900 and fell back down to $4,700 almost immediately
But the price continuously crawled higher and higher for the past 24 hours and it is now above $5k at $5,011 according to CoinGecko.
This round of price spike has no obvious fundamental factors or news affecting it and is fairly confusing to most traders who shorted in Bitmex.
Or are we possibly missing something out?
Bitcoin price: $5,011
24h Low / 24h High: $4,180.30 / $5,037.31
24h Vol: $27,012,290,123
Market Cap: $88,306,071,582
https://www.coingecko.com/en/coins/bitcoin
But the price continuously crawled higher and higher for the past 24 hours and it is now above $5k at $5,011 according to CoinGecko.
This round of price spike has no obvious fundamental factors or news affecting it and is fairly confusing to most traders who shorted in Bitmex.
Or are we possibly missing something out?
Bitcoin price: $5,011
24h Low / 24h High: $4,180.30 / $5,037.31
24h Vol: $27,012,290,123
Market Cap: $88,306,071,582
https://www.coingecko.com/en/coins/bitcoin
The price was fine I stayed on a level. After a little rest, the price may rise again. If this happens, we can say good times are coming.
That's right, the increase in bitcoin at this time does not have a clear basis and until now there has been no thread that has the phrase.
I sold my bitcoin last week, and now I feel sorry, huh
I sold my bitcoin last week, and now I feel sorry, huh
price is not yet completely above $5000 but it is moving towards that. resistance wise at the moment there isn't that much of a resistance on the orderbooks because we have just exited the previously long and strong resistance at $4200 and right now people are expecting the rises to happen so they don't place that many sell orders to cause any resistance.
so if we continue with this rise we can easily see price crawling back up to resistances much higher than $5k and $6k. but if it gets stuck here for more than a day or two then it becomes harder to break it.
so if we continue with this rise we can easily see price crawling back up to resistances much higher than $5k and $6k. but if it gets stuck here for more than a day or two then it becomes harder to break it.
At least it breaks $5k already, today's highest rate was $5,037+
Many people wishing to see the other jump, at least 5,100 in the next few days will be good for the market. Once it keeps on rising then we are facing the bull run, but if it keeps on this current market then we cant expect to see the bull run sooner.
Still too early to tell, it just has been 24 hours and the price is still spiking. It seems that no one has bought the pump yet even after reaching 5k levels for a while. It immediately went back to 4900 after reaching the 5k level. I say we can find a new bottom once we break in 5500.
price is not yet completely above $5000 but it is moving towards that. resistance wise at the moment there isn't that much of a resistance on the orderbooks because we have just exited the previously long and strong resistance at $4200 and right now people are expecting the rises to happen so they don't place that many sell orders to cause any resistance.
so if we continue with this rise we can easily see price crawling back up to resistances much higher than $5k and $6k. but if it gets stuck here for more than a day or two then it becomes harder to break it.
so if we continue with this rise we can easily see price crawling back up to resistances much higher than $5k and $6k. but if it gets stuck here for more than a day or two then it becomes harder to break it.
After getting depressed for couple of months becaus of huge loss and market crash am coming back to crypto world and community . Hope this bull run will not be a fake also I wish it will continue atleast till July then we can recover most of our losses for . Hoping for good days to come .
In my oppinion you are definitely missing something out... the guys that draw lines on the charts are just puppets of the market makers, and they will instruct their followers according to the market maker signals... with so few participants and a relative small cap, crypto market is surely easily influenced by individuals/groups...
think about it, two days ago, the gurus were spreading fud... followers shorted... market makers got their money
think about it, two days ago, the gurus were spreading fud... followers shorted... market makers got their money
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