BTC PUSHES PAST $ 10K - page 3. | Bitcointalksearch.org

batang_bitcoin

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Quote from: irenegaming on February 27, 2018, 01:23:25 AM

cold this be an indication that BTC is on the recovery track?

It may or it may not be. But to think that it came all along from $6,000 so this is an indication that we are already recovering. Although we are still too far from what it use to be, this feels better that bitcoin seems to feel good and healthy at $10,000.

Quote from: talkbitcoin on February 27, 2018, 01:46:52 AM

when it breaks $12k or $8k you can call it recovery or big drop respectively.

$10,000 is enough to say it recovered.

followmenot

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Yeah its clearly showing bitcoin passed psychological barrier at 10000 dollars level. I believe bulls will force it to 11-12k dollar levels and if it can pass it will start new rally. But it may be too early to talk now.

CryptoBry

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Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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?

There remains no indication that a big recovery can be coming soon. I guess that can happen after the first quarter of this year or worse on the 3rd quarter which can be around June or July. We need good stimulus to make the market come alive again just like what we experienced in December of last year. Those new participants that entered the Bitcoin market last year are not yet coming back because many of them got burned when they bought BTC at its highest level.

Shamie1002

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It already sunk below below $7k dollars and now it already bounced back to $10k. Prices are very volatile and no one can expect a continuous rise or fall in a moment.
I am hmjst guessing that if there are more factual news about development then it can actually go higher than today's price.
But if there are false news and FUDs, it will trigger panic selling more.

gabmen

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Quote from: Wexnident on February 28, 2018, 11:39:38 PM

Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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

Wexnident

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Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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.

giarised

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Quote from: Hellobx on February 27, 2018, 02:02:24 AM

I think the bitcoin price is still very unstable, at present is still in a bear market, because governments are going to further regulation, and has a worldwide the G20 meeting in March, then I think there could still have a big fall at that time.

I think its not that easy for even G-20 to put sanctions on the bitcoin that easily because right now the amount which is in the crypto currency is more than 67 trillion dollars which is more that a budget of a continent. If its going to happen, then it will happen in some fashion which will be acceptable for the people around. And let me tell you here that the bigger the economic power is, the more stakes that country has involved in crypto market. So lets not hyper ourselves try not to be a reason for the panic in other fellows.

Pursuer

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Quote from: jrrsparkles on February 27, 2018, 01:49:45 AM

Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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?

The price of bitcoin keeps bumping and dumping there is no stable price movement yet so still it is not in the recovery track in my thought but it is good to see that price is recovering after each fall so what we need to do is keep investing on bitcoin to make money.

just because there is a rise and a drop it doesn't mean it is a pump and dump. it is simply the market fluctuations which is perfectly normal in any market. the size is a little bigger than traditional markets because it is bitcoin, an unregulated and small market.
and since the lows are going higher each time price goes down, you can see a nice uptrend in the background.

Yankae

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Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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, coldthis be an indication that BTC is on the recovery track?

Watch your word mate you might get trolled here.
This is not a surprise though if its changing its price unexpectedly.For me i would not say that it is really recovering from a dip.We still don't know what will happen later,tommorrow and for the coming days.

Hellobx

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I think the bitcoin price is still very unstable, at present is still in a bear market, because governments are going to further regulation, and has a worldwide the G20 meeting in March, then I think there could still have a big fall at that time.

jrrsparkles

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Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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?

The price of bitcoin keeps bumping and dumping there is no stable price movement yet so still it is not in the recovery track in my thought but it is good to see that price is recovering after each fall so what we need to do is keep investing on bitcoin to make money.

talkbitcoin

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no it can't.
the same way going down to $9400 was not an indication of a big drop, rise to $10400 is not an indication of a rise. both of these are side way movement of the market which will probably be the case until the end of this month.

when it breaks $12k or $8k you can call it recovery or big drop respectively.

barneystinson

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Quote from: irenegaming on February 27, 2018, 01:23:25 AM

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 the strong resistance as of now is at 10600USD. Once it breaks out then it will go all the way up. The strong support is at 8800 USD. If it breaks the support at 8800 the next support line would be is at 8100USD. Well this is just on my personal analysis and opinion and dont take my word for it. You can still check and do research on your own.

irenegaming

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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?

Topic: BTC PUSHES PAST $ 10K - page 3. (Read 345 times)