BTC Price Exploding | Bitcointalksearch.org

magneto

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

Be careful when "everything is going well" and stuff like that. As great as this pump has been for the traders, I don't think that it's safe yet to classify this rally as the start of a bull market, or at least one of the magnitude of 2017's bull market.

We just saw BTC prices correct again after it came close to the $9500 mark, which is the major resistance that is currently holding back the bulls. Markets have moved sideways for around 7 days now without any upward momentum.

To be completely realistic, I'd be extremely cautious of buying in right now if you're not prepared to hold for the long term. An adjustment has to come sooner or later due to the fact that prices have absolutely skyrocketed in consecutive weeks, and an adjustment is always the end result before further rallies in cases like this.

gabmen

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Quote from: yonjitsu on April 27, 2018, 08:57:00 PM

It's a very good scene to see btc price hiking and the rest of the cryptos in green. It's really refreshing in the eyes and makes you feel good and happy about it. But that won't last, for these days, bitcoin is still having problems to start the bull run.

Well at the least we're starting the second quarter of this year on a good note. The first three months have been bloody though it meant bargained shopping for experienced traders and investors. But a bull run is probably too early to expect right now. The price would probably take slow movements and i'm contented with that.

krampus854

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Only the time will decide when bitcoin will be in the 20,000$ again and more. As of today it is decrease by 5% below and not increasing that low. Hoping for more increases in bitcoin and hopefully the people who have bitcoin will HODL they're btc.

yonjitsu

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It's a very good scene to see btc price hiking and the rest of the cryptos in green. It's really refreshing in the eyes and makes you feel good and happy about it. But that won't last, for these days, bitcoin is still having problems to start the bull run.

sorrysteve1

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Quote from: timerland on April 25, 2018, 07:06:57 PM

Unfortunately, it seems like that the sell wall at $9400-9500 is still present and not going away at the moment.

That is honestly what I suspected long ago before the correction came as well. $10k is a huge psychological barrier, and with the bull run going on for so long now, a downward adjustment would come sooner or later as selling pressure mounts.

I think that we'll see bitcoin retest that level this week. Even if bitcoin does break the $9500 sell wall and head to 5 figures, it's going to be hard to see bitcoin continue climbing up with a major correction first. I would not call this a bull market yet, since the prospect of breaking the ATH is still quite far away.

It's easy to neglect that so many people will have bought big around the 6k level and they'll be happy taking 50% profits in the 9-10k region. Furthermore you mentioned the psychological barrier around 10k. Seeing resistance and difficulties breaking it isn't an issue the first or second time around but if it continues to happen it could add some fear to the market.

timerland

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

Unfortunately, it seems like that the sell wall at $9400-9500 is still present and not going away at the moment.

That is honestly what I suspected long ago before the correction came as well. $10k is a huge psychological barrier, and with the bull run going on for so long now, a downward adjustment would come sooner or later as selling pressure mounts.

I think that we'll see bitcoin retest that level this week. Even if bitcoin does break the $9500 sell wall and head to 5 figures, it's going to be hard to see bitcoin continue climbing up with a major correction first. I would not call this a bull market yet, since the prospect of breaking the ATH is still quite far away.

sorrysteve1

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Quote from: kingbelcher889 on April 24, 2018, 07:12:15 PM

Yes it is. Look what the news has to say about it

http://crypto763.com/watch/bitcoin-to-the-moon-soon_OBtfG1qyPURGYlQ.html

Always be weary when people start claiming that the moon is coming, it quite often means that the opposite is true. As buffet said, be fearful when others are greedy and greedy when others are fearful.

kingbelcher889

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Yes it is. Look what the news has to say about it

http://crypto763.com/watch/bitcoin-to-the-moon-soon_OBtfG1qyPURGYlQ.html

Wend

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

I think today was the bitcoin starting bull run we hope it will reach $10000. Not only bitcoin was running and also some of the coins in the market also, And it was so great to those people holding of there token because they can get some profit from bitcoin in holding.

micher143

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

It's really nice to know that the bull run will possibly come soon and hopefully it will happened. I think it is better if we don't expect anything from it and it is good to wait when it comes and be happy for now because until this moment we do experience the increasing period of btc and let us hoping that it will continuously happen because we all know that anytime it can be experiencing downfall again and hopefully it will not happen. We just need to do for now is believe and keep hoping that the bull run will really happen soon so all of us can be most benefited.

TooDumbForBitcoin

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Quote from: hadveach on April 24, 2018, 06:22:32 PM

I see the development of bitcoin today will continue to rise and bitcoin will create a bullish market. bitcoin will break the $ 10,000 in mid May.

I do not think that bitcoin will not rise be fast like at the end of 2017, because I see the bitcoin movement today is very slow.

Yep bro

more than 3k + in less than 24 days is slow movement, very slow Grin

Come on, volatility is still high and fast as always.

Fire316

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I think bitcoin now are just starting to climb back and it is better because other currencies also increasing. We saw now market going to green and it is very good sign that digital currencies are now alive. But always think bitcoin is volatile,anytime it will change but we are hoping that it will continue to increase even slowly and not going back to drop down again.

marcbitcoins

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

Indeed and its really looks like this market pump is what we are really waiting for and Bitcoin is leading the market of pumping some Altcoins too. I see lot of development in favor of Bitcoin before maybe this is now the result so we must keep buying and holding Bitcoin to support this market bull run.

Cofee.BLUE

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

There's a lot of good things that are happening now in btc because it's continuously performing better in the market. This can be mean of it's totally recovery but we can't assure to this because anytime it can be dump again so we need to be alert and active to the market flow. All of us waiting for the bull run happen and hopefully this continues increasing may lead the way in bull run experience, so hold on and keep faith because I believed that bull run will be in our way soon.

hadveach

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I see the development of bitcoin today will continue to rise and bitcoin will create a bullish market. bitcoin will break the $ 10,000 in mid May.

I do not think that bitcoin will not rise be fast like at the end of 2017, because I see the bitcoin movement today is very slow.

buburjelly

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I still suspect that the rise in the past few days is still the effect of the Tax Day that bitcoin holders want to return the money they paid for taxes by reaping the returns from this bitcoin price increase. Is it possible? Speculation may be wrong and perhaps also true, this is the ecosystem of a crypto market, all do not know where the direction of price movements. Let's wait for the movement after touching the $ 10k price

richminded

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Quote from: castellodocet on April 24, 2018, 04:28:08 PM

within 10 days btc at 11k usd, then we will go down slightly and again up to 15k usd

Still bullish about bitcoin and I think this thing will happen easily. The price may correct but it will not hurt much bitcoin, the price will continue to go up and make more people regret about giving up with bitcoin months ago.

Quote from: ganlianshifu1 on April 24, 2018, 04:48:44 PM

BTC is just back to its own level! Price is rising steadily!

I'm optimistic that BTC will break through $11,000 this month!

The bull market has started, everyone is ready!

I'm always ready about this thing and will not sell until bitcoin makes me rich.

jose111

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Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

It's look like a fully recovery of BTC and hopefully it will continuously rising until it will reach again it's highest peak and turn it into a bull run. We just now looking forward to it's upcoming highest pump therefore all of us will fly into the moon. Investing now is really safe, don't hesitate to do that because at this moment everyone's are preparing and get ready for the bull run experience.

pat4cryptoreal

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This is the time experience traders will make profit. Because the market is favorable this period do not means any body should invest all his or fiat to invest in bitcoin. make sure you invest with the amount you can comfortably loss.

kingkonjac

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it is a good hope for investors who have panicked and didn`t know what to do but we can`t say that we are in bull run as there is too much to go for it and if the new money is liquidated into crypto world we will be in the bull run.

coinwizard_

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I think it is largely due to FOMO because there are many big name investors entering the market and anyone doing it too late will have to wait a lot longer to get back those rewards. Early investors will attract more customers due to higher profits, that's why these companies are jumping in now

BitMaxz

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Happy New year 🤗

I think bitcoin still in the recovery phase while the price still keeps increasing these days and many investors right now investing in bitcoin.

Might be the reason of the price increases it's because of new exchanges like in CX exchange I got this news from other countries that I think why the price right now keeps increasing these days plus the good news about Tax Day.

Looks like after this month we will see the price will hit at $10k value someone already analyzed the market a few days ago in speculation board.

taliwang

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Hopefully it goes well, after what happened to bitcoin. after getting attack and circulating news slash now bitcoin will already start to rise again

ene1980

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Quote from: bubblebubble on April 24, 2018, 03:57:35 PM

In my opinion a lot of risk there are in the future so I would be quiet spreading enthusiasm.
We cannot forget Mt Gox liquidator that is waiting for a good price to sell or potential fud by media speculation.

It is good to see the market gaining momentum and we must expect the unexpected, they will be selling off their assets when they deemed fit and it is not transparent on how much more coins they are planning to liquidate, hopefully the market gains momentum after touching $10k.

DaftAjax

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I don't know about you guys, but recently I've been noticing that whenever the price of Bitcoin goes up, other coins would follow. Even if those coins have nothing to do with Bitcoin, yet they tend to treat it as the main currency. We have to think outside the box, not everything revolves to Bitcoin.

ganlianshifu1

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BTC is just back to its own level! Price is rising steadily!

I'm optimistic that BTC will break through $11,000 this month!

The bull market has started, everyone is ready!

BUK2016

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Truly the market value of bitcoin and some other like ethereum are doing greatly and no doubt the trend will continue for a longer time base on the current chart of bitcoin and ethereum it may hit $12,000 to $14,000 before any form of correction.

david0ikari

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Yeah, I keep my enthusiasm for the moment.. Even if the market is looking great and seem to get back on track. I believe we did not get the dip. And surprisingly this pattern looks the same as 2014. Maybe the resistance will be in between 10k and 11K. I will short around 11K my altcoins, but not my long term.

castellodocet

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within 10 days btc at 11k usd, then we will go down slightly and again up to 15k usd

Phlaser

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Enthusiasm is very good but then you just need to calm it down else you might get into a mess. Thorough and careful study of the market is still needed to understand the fundalmentals of the market itself as a whole. It's quite interesting that total market cap is gradually increasing, yet would advise to trade carefully.

Aside all said, very happy my assets are gradually coming up to my purchase. We only need btc to continue the rally organically or stabilise with good supports then alts will do wonders.

Quote from: Elysian_ELY on April 24, 2018, 03:50:29 PM

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

sorrysteve1

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The price is far from exploding just yet, it's recovering at a fast but steady rate. I'd largely attribute this to institutional money coming back in to the market on signs that a double bottom was found and hence new found security and confidence. Couple that with many people reinvesting after tax season and that makes the market we currently have. It's still not free from any negativity however and there will be many dips along the way towards the previous ATH

Rtd1604

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I came across an interesting Forbes article today about this very thing. “Bitcoin is trading upwards for a number of reasons,” says Fran Strajnar, CEO of Brave New Coin, a data and research company focused on the blockchain and cryptographic assets market.

It's mostly due to new money coming into cryptocurrenices, of course the community has been saying that once new money comes into the picture Crptos will begin to soar and I think that this is that time we have all been waiting for. If this new money is coming from sources similar to Rockerfellers as Strajnar is saying I think we are in for a wild ride for the foreseeable future. He also says that new tech is a part of this upswing as well while I'm not as familiar with all of the new updates as some members here, I think that he might be right.

https://www.forbes.com/sites/kenrapoza/2018/04/24/heres-why-bitcoin-is-on-the-rise-again/

I've included a link to the article as well.

epidose

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always nice to stay optimistic, all we can hope for is that things continue in this positive direction

dedelp01

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Its getting there I think. Hope it gets there sooner than we think or it will get higher beating our expectations

bubblebubble

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In my opinion a lot of risk there are in the future so I would be quiet spreading enthusiasm.
We cannot forget Mt Gox liquidator that is waiting for a good price to sell or potential fud by media speculation.
So relax and have a good surfing Wink

Elysian_ELY

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https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

Finally the bull market is arriving. BTC has been breaking through every barrier it has reached so far. Recently it looks like it is just about to break through the 9400 dollar sell wall. The rest of the market is reacting very well as it usually does in the onset of a bull market. Everything is going super well for the first time in a while.

Good Luck Traders,
The Elysian Team

Topic: BTC Price Exploding (Read 307 times)