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Topic: BTC PUSHES PAST $ 10K (Read 345 times)

hero member
Activity: 826
Merit: 502
March 20, 2018, 05:53:51 PM
#54

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
Just be very careful trying to make profits when the market is moving like this is going to be really difficult not many will be able to do it, only those that have great skill at trading should attempt it, everyone else without that knowledge should just hold his coins and if possible buy more bitcoin at the current prices, if people followed that simple formula they will avoid losing money but I'm pretty sure that we are going to see many threads of people that will make a mistake  and will lose a fortune as a result.

Its difficult to make a trading profit out of this very unstable btc price today, but not for the veterans trader, infact some of them took advantage against the current price flow. For most of us are whining about how long would btc crash without any idea that we could make profit out of this as well. But to make our investment safe, least thing to do is to buy at the lowest dip and hodl it till it reach the target mark.
Experimented traders can make money in all the market conditions whether the market goes up or down, but this is why I have always believed that the bull market can be very dangerous for a novice trader because it gives the illusion that you are getting a lot of profits due to your skill when in fact the market is doing all the work for you.
But when the time come for the price to down then some people do not trade so it becomes hard for to make money with altcoin trade but it stioll give a lot of profit with bitcoin trade as the price always go up and down no matter the direction is upward or downward.

By the way now the price is again in the upward direction and we cannot now lose if we start to trade.
hero member
Activity: 1092
Merit: 501
March 20, 2018, 05:34:14 PM
#53

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
Just be very careful trying to make profits when the market is moving like this is going to be really difficult not many will be able to do it, only those that have great skill at trading should attempt it, everyone else without that knowledge should just hold his coins and if possible buy more bitcoin at the current prices, if people followed that simple formula they will avoid losing money but I'm pretty sure that we are going to see many threads of people that will make a mistake  and will lose a fortune as a result.

Its difficult to make a trading profit out of this very unstable btc price today, but not for the veterans trader, infact some of them took advantage against the current price flow. For most of us are whining about how long would btc crash without any idea that we could make profit out of this as well. But to make our investment safe, least thing to do is to buy at the lowest dip and hodl it till it reach the target mark.
Experimented traders can make money in all the market conditions whether the market goes up or down, but this is why I have always believed that the bull market can be very dangerous for a novice trader because it gives the illusion that you are getting a lot of profits due to your skill when in fact the market is doing all the work for you.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
March 13, 2018, 06:36:48 PM
#52
Give it another month yet, and by that time we should be out of this rout we are currently in.
I would rather prefer to remain happy with current levels, because we definitely need something to happen in order to give the market the boost that it needs. Knowing that most people here chase quick profits, it won't be easy.

If the market keeps hovering under the $10,000 mark, traders might start to lose interest and confidence and dump out of boredom. People are used to +$10,000 levels, where everything below that mark is just a no go.

We have to admit that this market is largely hype driven, and for that reason need events to motivate traders to start buying. I think that without anything interesting happening, the boost needs to be related to LN.

Otherwise what else?

I agree that LN will really be the catalyst to see bitcoin go back to its previous luster. But I guess it won't hurt us if we just have to wait a little longer before finally rolling out.

What else? How about halving? or even another country such as big as Japan finally went nuts and finally legalizing bitcoin? Or China embracing bitcoin again? (lol). Let's see how it goes and I guess that will only time.
legendary
Activity: 1526
Merit: 1179
March 13, 2018, 06:17:50 PM
#51
Give it another month yet, and by that time we should be out of this rout we are currently in.
I would rather prefer to remain happy with current levels, because we definitely need something to happen in order to give the market the boost that it needs. Knowing that most people here chase quick profits, it won't be easy.

If the market keeps hovering under the $10,000 mark, traders might start to lose interest and confidence and dump out of boredom. People are used to +$10,000 levels, where everything below that mark is just a no go.

We have to admit that this market is largely hype driven, and for that reason need events to motivate traders to start buying. I think that without anything interesting happening, the boost needs to be related to LN.

Otherwise what else?
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
March 13, 2018, 06:04:25 PM
#50
It is on the recovery track for sure, but the recovery is slow once you go up parabolic and crash hard like that. Give it another month yet, and by that time we should be out of this rout we are currently in.
hero member
Activity: 2716
Merit: 552
March 13, 2018, 04:53:03 PM
#49

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
Just be very careful trying to make profits when the market is moving like this is going to be really difficult not many will be able to do it, only those that have great skill at trading should attempt it, everyone else without that knowledge should just hold his coins and if possible buy more bitcoin at the current prices, if people followed that simple formula they will avoid losing money but I'm pretty sure that we are going to see many threads of people that will make a mistake  and will lose a fortune as a result.

Its difficult to make a trading profit out of this very unstable btc price today, but not for the veterans trader, infact some of them took advantage against the current price flow. For most of us are whining about how long would btc crash without any idea that we could make profit out of this as well. But to make our investment safe, least thing to do is to buy at the lowest dip and hodl it till it reach the target mark.
full member
Activity: 546
Merit: 100
March 13, 2018, 02:30:44 AM
#48

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I see the situation like this - when Bitcoin reaches at least 10,5-11,000 dollars, it will be the point when it will start growing constantly, even when it has some falls on the way up.
hero member
Activity: 1092
Merit: 501
March 12, 2018, 06:14:31 PM
#47

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
Just be very careful trying to make profits when the market is moving like this is going to be really difficult not many will be able to do it, only those that have great skill at trading should attempt it, everyone else without that knowledge should just hold his coins and if possible buy more bitcoin at the current prices, if people followed that simple formula they will avoid losing money but I'm pretty sure that we are going to see many threads of people that will make a mistake  and will lose a fortune as a result.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
March 12, 2018, 08:18:44 AM
#46

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
Right I also do not really see a quick recovery coming but I believe in next April the bitcoin value will peak, me and the team have been buying on hold for the value of the market to recover, it is difficult to convince the other traders that few local traders in place think the same.

Well you don't really have to convince anyone though. Traders should be aware of what to do with their money and they have to make studies of their own. If they did, then probably they'd do the same as you in taking advantage of a dip to buy.
legendary
Activity: 1568
Merit: 1002
March 12, 2018, 05:36:59 AM
#45

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
Right I also do not really see a quick recovery coming but I believe in next April the bitcoin value will peak, me and the team have been buying on hold for the value of the market to recover, it is difficult to convince the other traders that few local traders in place think the same.
full member
Activity: 420
Merit: 110
March 12, 2018, 05:27:41 AM
#44

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
This is happening once again now however I still can't see any signs of a healthy recovery coming in. Rather some people are still of the opinion that BTC will continue to fall once again and there is still some time before the correction or the secondary market trend ends and the BTC moves again to the primary market trend. So instead of hoping for a recovery its better if we try to make profit in this bear market.
hero member
Activity: 980
Merit: 523
March 12, 2018, 12:05:35 AM
#43

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

We have surpassed $11,000 already so I think it has bounce back. But as far as recovering, I don't think so. It's gonna be a long road ahead of us and the last 2 months has been pretty rough. I'm not saying that its a bad sign, but it could a indication that somewhat this could be the pattern unless some positive news that will come around to reach all-time-high and enjoy the same frenzy we see during the December madness. So it's gonna be a battle between the bulls and bears, and we all know which side we are. So let's give this market enough time and see how it pans out in the second quarter of the year.
Yeah, what can help us now in the market is some fundamentals that could help instigate a huge buying and I am not seeing that happening anytime soon, the market has looked tapped out for now, so I guess we just have to see how it ends.

We should still expect some downtrend which may stabilize at some point before we start seeing another new year for the bulls but it seems for now, the bulls are not ready in anyway.
full member
Activity: 406
Merit: 110
March 10, 2018, 11:24:31 AM
#42
Few hours back the price showed signs of pumping, which crossed the $10000 mark. Though that the correction has got over and the forward push has begun. Now the price has been around $9500 with majority of the altcoins being with the red indication. Hope this will change at the earliest with good growth taking the price go reach the new ath.
Most had thought that we are on recovery phase in this market. But these days were seeing again in bitcoin has rallying into going up and down. But this time it shows again below $10k, so since fluctuations occured I am in light mind set that  this market could go higher in the coming days or months.
That is why it is really important to ready ourselves here anytime as the price is really unpredictable so I don't think that we can always gain here if we are just relying here, that is why if you gain profit here maximize it for example make your own business, so you can have something when emergency comes right?
sr. member
Activity: 649
Merit: 250
March 10, 2018, 08:30:11 AM
#41
Few hours back the price showed signs of pumping, which crossed the $10000 mark. Though that the correction has got over and the forward push has begun. Now the price has been around $9500 with majority of the altcoins being with the red indication. Hope this will change at the earliest with good growth taking the price go reach the new ath.
Most had thought that we are on recovery phase in this market. But these days were seeing again in bitcoin has rallying into going up and down. But this time it shows again below $10k, so since fluctuations occured I am in light mind set that  this market could go higher in the coming days or months.
hero member
Activity: 882
Merit: 500
March 10, 2018, 07:29:34 AM
#40
I think we are going to see this price for a while, seems like BTC can't breakthrough the 11k barrier and BTC still looking for the support that it need, Everytime the BTC price try to spike, it being bring down to 9k, so I think BTC doesn't got enough support to stabilize and go up
Yeah, so far, I also feel we are still trying to find support and the pull back from the close to $12k region obviously shows that. One thing that I am sure will happen for now is that we will keep testing the waters to see how it stirs and hopefully before the end of the month we will see how that leads, but for now, I am not expecting anything much anytime soon. I am just looking forward to how this month will play out anyway.
hero member
Activity: 1022
Merit: 538
March 10, 2018, 06:27:33 AM
#39

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?

I guest that it is only a part of its ordinary fluctuation. It can't consider as it's boundary of recovery. Maybe if it's push to much higher rage of 30-40% of it's current value, therefore it may consider as true recovery. But for the min-time, it is good that it's already rising up. We can't predict what would happen for the following days, but I hope that it could reach it's most higher value.   

Well it's safe to say that we've already recovered in a way. Looking at how the price plunged at the start of this year, we've gone quite a long way up. I think only those that got in during he hype last december are the ones that still haven't recovered. But with enough patience, eventually we'll get back to that ath probably this year
In a normal plain scenario, I do not see anyone to have suffered the dip as long as they have not sold their bitcoin at loss. The market will definitely recover and from the look of things, it looks like it is on the verge of recovering. There is no doubt that this would eventually happen fully, but we just have to wait for it, and what we are having now are just the usual and normal fluctuations any market can have, so I do not see any need to be worried.
Yeah, there is really no need to be worried no matter what is happening with the market presently. I for one believe that when the time is ripe, the market will get back on its feet and head straight to where it all started dropping from, but there is no need to rush and all we need now is just patience.

Bitcoin so far has not been able to break the 12k resistance and that shows it is not really ready and when it is, it won't be a hard thing to do and moreover, it is one heavy resistance to break anyway.
hero member
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March 08, 2018, 05:23:20 PM
#38
Bitcoin has recovered already from the crash about two weeks when it touched down 5,000$ mark.
But it's back again to $9,000 and chances of going back to $5,000 is there.  Undecided

I don't think so, but yeah there is no safe place here in cryptoworld everything is possible. I still hope that bitcoin will not back on $5k level again though its dump today I think it can bounce immediately. Bitcoin is a strong coin over the past year and this year I believe that it will become more stronger as a lot of good news are happening right now about the legalization of bitcoin.
I'm avoiding to say that it won't happen but chance is chance so there it is. We have to move on and become stronger day by day to endure the pain at this moment while bitcoin is roughly crossing $12,000 and higher prices. What I'm thinking is bitcoin is only waiting for those people who can endure all the dips and when its ready to move up, it will pump any moment and those panic sellers will regret that they didn't endured at all. Price now is $9,300.  Undecided
full member
Activity: 742
Merit: 144
March 07, 2018, 11:22:36 PM
#37
Bitcoin has recovered already from the crash about two weeks when it touched down 5,000$ mark.
But it's back again to $9,000 and chances of going back to $5,000 is there.  Undecided

I don't think so, but yeah there is no safe place here in cryptoworld everything is possible. I still hope that bitcoin will not back on $5k level again though its dump today I think it can bounce immediately. Bitcoin is a strong coin over the past year and this year I believe that it will become more stronger as a lot of good news are happening right now about the legalization of bitcoin.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
March 07, 2018, 11:05:29 PM
#36
Few hours back the price showed signs of pumping, which crossed the $10000 mark. Though that the correction has got over and the forward push has begun. Now the price has been around $9500 with majority of the altcoins being with the red indication. Hope this will change at the earliest with good growth taking the price go reach the new ath.
legendary
Activity: 1442
Merit: 1025
March 07, 2018, 10:58:50 PM
#35

over the past two days, BTC  prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
I think it is indicate the big dump is waiting for soon. So it will little pump in the market I am just lying everyone curiously waiting the future possibilities because crypto market is suddenly drop and suddenly raise so no one predict the exact possibilities. But everything should be recover in June or July it is my prediction if you trust my words keep calm.

I think this is another bull trap. I have a feeling that this is not sustainable. Actually we haven't seen bitcoin sustained is price run. The last stop are $11700 then it quickly drop. Now that we touch $11K again, it keeps on fluctuating from $11K then go down $10800. I hope though that it will not go down below $10K and that the resistance is strong along that price.

Let's see how it goes in the next couple of hours, otherwise it will be a good buying opportunity again. I will buy if the price goes below $10K or $9K, good buying points.
I would not be surprised if it is but I still want to believe that it is not and what we are experiencing now is bitcoin heading to the accumulation phase. Time will tell anyway as anything we say now is pure speculation and what we hope to expect but when the time comes, a lot of signals will indicate to us where we are exactly. I am still waiting as well to see how everything plays out in coming weeks and months and trying to get more fiat for the time ahead to load up more for the run ahead of us before the end of the year.
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