BTC rally has paused | Bitcointalksearch.org

tokeweed

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Quote from: thecodebear on April 29, 2020, 01:06:52 PM

Quote from: tokeweed on April 29, 2020, 12:24:54 PM

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BTC rally: 1

But seriously... Wtf is going on? Is this finally it..?

I don't know what you mean by "it", but I mean I think this was fairly expected. It was pushing at resistance in the 7000s the past few days and it was either going to get rejected and head back to 7000 or break through it and do what Bitcoin normally does when it breaks though a resistance zone, shoot up, to well over 8000. It did that.

Now the question is where does it go from here? Keep pumping over 9k or even over 10k? Or correct back down to hit that previous resistance zone in the high 7000s. My guess would be, even if it pushes significantly higher today or in the next couple of days, it'll at least touch back under 8000. But overall outlook is bullish, I think May will see 9000s and 10,000s.

Lol. It's 'expected' til it's not. That's why I was asking if this is finally it.. Which looks like it is. I hope. Grin

Now the question is: How high?

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Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

Well nothing is permanent in this market specially prices so yeah btc rally stops for a while but after a week starts again hen stops so what i mean here?that volatility is there and proves how healthy this market is right?with the fluctuations and growth we can determine that we are in legit market and investments.

Quote

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Maybe you are wrong?because it stays at 9k and slightly drops at 8k but just for a while and now rallying to 5 digits again in which all of us wanted to remain as the season of growth is coming days from now.

okala

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Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Market always behave this way. We should not expect consistent up and likewise consistent down. Traders always takes profit time to time and that always creates stagnant on market directions.

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Quote from: onrise on May 08, 2020, 11:37:47 AM

Quote from: penetrak on May 08, 2020, 09:58:09 AM

As you can see now, in the last two days bitcoin is going up, as always before splitting. Although the price stopped slightly a few days ago, in my opinion it will still go up above 11k. The rally will continue.

From last 2 days we have seen it rising really well and now reached 10k levels and momentum may continue and it is better if it rises slowly and steadily rather than a sudden rise and then a sudden fall which could be like a crash and more people will get into panic mode and starts to sell leading to more fall happening to it.

A 16% increase in the price of Bitcoin over the past week is quite a good indicator and we have almost touched $ 10,000 and I am sure that this trend will continue And Bitcoin will exceed $ 10,000 Perhaps even during these days.

onrise

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Quote from: penetrak on May 08, 2020, 09:58:09 AM

As you can see now, in the last two days bitcoin is going up, as always before splitting. Although the price stopped slightly a few days ago, in my opinion it will still go up above 11k. The rally will continue.

From last 2 days we have seen it rising really well and now reached 10k levels and momentum may continue and it is better if it rises slowly and steadily rather than a sudden rise and then a sudden fall which could be like a crash and more people will get into panic mode and starts to sell leading to more fall happening to it.

penetrak

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As you can see now, in the last two days bitcoin is going up, as always before splitting. Although the price stopped slightly a few days ago, in my opinion it will still go up above 11k. The rally will continue.

jhonjhon

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Quote from: rodskee on May 06, 2020, 09:58:00 AM

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Today we are again in above $9,000 actually 9,200 to be specific going good to reach that
10,000 target at least before the Halving happens next week(if will come
earlier because expecting to be on may 11 2020.but anyway i am not into 100% expecting
because i known that Pandemic is here to hinder the bull and make the
market suffer for another month or year.

$10k is ain't possible as the market tried to push itself. I know Bullrun is quite far from happening this time but it was so glad to see that the market maintains its market flow above $8k. The market keeps swinging and that really we can't tell what next. It's full of the thrill and that is the point why I not longing into that volatility and easily get affected.

rodskee

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Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

Today we are again in above $9,000 actually 9,200 to be specific going good to reach that
10,000 target at least before the Halving happens next week(if will come
earlier because expecting to be on may 11 2020.but anyway i am not into 100% expecting
because i known that Pandemic is here to hinder the bull and make the
market suffer for another month or year.

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Quote from: Yaunfitda on May 05, 2020, 03:02:48 PM

Quote from: maydna on May 02, 2020, 11:28:42 AM

~snip~

Not the best time to sell bitcoin pre or post halving until it reaches five digits in my opinion, we are entering bullish cycle, we should hodl in my opinion.

Just imagine you selling after the halving in 2016 and then eventually at the end of 2017 it reaches all-time-high? Someone will regret their decision if they sell even at $10k when we reach before and after halving.

I cannot agree with that because if someone really needs money, and he doesn't have any money, he can sell it with the price now. And now, we see bitcoin price can increase higher, and back to $9200 level so if he bought bitcoin at below than $9k, he will make a good profit. But that only happens if that person cannot manage his money and go all-in of his money.

What you say is true because I think some people don't sell their bitcoin at the end of 2017 when the price reaches all-time-high. After all, they want another high price. They can regret that moment, and now, they are seriously waiting for another moment of bitcoin price to reach a new all-time high. They don't want to miss the chances to sell bitcoin at a new ATH.

Taskford

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Quote from: freedomgo on May 06, 2020, 05:58:39 AM

Quote from: Oasisman on May 06, 2020, 05:52:23 AM

Quote from: freedomgo on May 06, 2020, 05:20:36 AM

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

Speculating every single movements of Bitcoin doesn't really matter when we're talking about holding and trading long term after all we will going to hit that specific target, only that nobody knows when.
I guess the very purpose of speculating is to hasten the possibility of hitting that specific target sooner. So, I guess you're right, some people are always in a hurry.
Wherever the Bitcoin price goes, there's always a corresponding speculations about it.

Even if they are holding for long term, they are still in a hurry, some holders might panic, when the price is rising they tend to forget how to sell but when the price is dumping, that's the time they will think of selling, that's because they panic, reason they will fail.

Because people are expecting to much when suddenly the price rise that's why their hands got tied when they see a good movement coming, and it's normal scenario since we actually experience this things even if we are experience traders.

But what good thing about the happening is we are learning something good with the experiences about this.

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Quote from: Oasisman on May 06, 2020, 05:52:23 AM

Quote from: freedomgo on May 06, 2020, 05:20:36 AM

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

Speculating every single movements of Bitcoin doesn't really matter when we're talking about holding and trading long term after all we will going to hit that specific target, only that nobody knows when.
I guess the very purpose of speculating is to hasten the possibility of hitting that specific target sooner. So, I guess you're right, some people are always in a hurry.
Wherever the Bitcoin price goes, there's always a corresponding speculations about it.

Even if they are holding for long term, they are still in a hurry, some holders might panic, when the price is rising they tend to forget how to sell but when the price is dumping, that's the time they will think of selling, that's because they panic, reason they will fail.

Oasisman

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Quote from: freedomgo on May 06, 2020, 05:20:36 AM

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

Speculating every single movements of Bitcoin doesn't really matter when we're talking about holding and trading long term after all we will going to hit that specific target, only that nobody knows when.
I guess the very purpose of speculating is to hasten the possibility of hitting that specific target sooner. So, I guess you're right, some people are always in a hurry.
Wherever the Bitcoin price goes, there's always a corresponding speculations about it.

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Quote from: peter0425 on May 06, 2020, 12:20:01 AM

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

days after your post Bitcoin rallied almost 10k$ mate but suddenly stopped at 9,5004 again but at least more higher than days before.

i guess we will see another hype before the second week of May because thats the expected day of Halving and the expectorant are looking at this days forward.

Bitcoin staying at $9k, isn't it something we like to see, why are we always in a hurry, if bitcoin will dump and we will then panic, no... please just relax, let us enjoy the journey of bitcoin and the fact that it recovers, this tells us that anytime it could start a bull run.

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Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

days after your post Bitcoin rallied almost 10k$ mate but suddenly stopped at 9,5004 again but at least more higher than days before.

i guess we will see another hype before the second week of May because thats the expected day of Halving and the expectorant are looking at this days forward.

Slow death

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Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8

I looked at this event as follows:

imagine that there is a very weak fire, you want the fire to be too strong to be able to see better, but you have little wood and you would not be able to make the fire strong, so you hope there are more people who have wood and then you fire your wood at the campfire and when other people who have firewood see that the fire is getting stronger they will throw more wood so that the fire gets stronger and everyone can see better, that's what happened with bitcoin

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

while most of the analyst revealed the price will reach till 10k if the rally continues like.

these analysts always fail. when they say the price will reach $10,000 then be prepared because the price will go down, when they say the price will go down a lot, so be prepared that the price will go up a lot

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.

current price: $8900

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Quote from: freedomgo on May 01, 2020, 07:18:16 AM

What would expect, bitcoin to pump until it reach its ATH? That is not healthy, it needs time to reach that far so that movement will not be called just a FOMO again. Bitcoin touched $9K already before it fall, that's big enough, and in fact bitcoin again touched $9k now, and let's hope this will bring another uptrend.

I guess $8900 is strong support for bitcoin, we will see its price going to increase again soon, technically will be like that. But we have to realize that the important thing to make bitcoin price increase is not pure about technical analyst more than that we have fundamental analyst which I think that is really affectinf to bitcoin price movement. Negative news are spreading we will see the rapid dump comes and otherwise when we a good news is spreading. Until now, we haven't seen those things and you are right it may needs time because bitcoin is not a megical thing.

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Quote from: Yaunfitda on May 05, 2020, 03:02:48 PM

Quote from: maydna on May 02, 2020, 11:28:42 AM

Quote from: okala on May 02, 2020, 04:12:48 AM

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

There is need for bitcoin to retest the 200ma on a daily chart before the next pull run. Currently the 200ma is now above 9000 dollars and therefore your forecast may not be out of place. The pullback is going to have short life as bitcoin is going to get above $10,000 before halving.

Bitcoin is going to increase, and there is a big chance to hit $9k again. Hopefully, the price can jump higher as right now, the price traded at $8,953, and it still going to go up to the higher price. There is a war between the buy order and the sell order, but the trend wants to go up, and I hope that what we expect can happen in the next few hours.

If the price can be back to $9k, then I think that can give more chance to continues to go up, and perhaps, the price will reach $9,100-$9,200. Well, it's a big moment for bitcoin to go up again after the price is at a low price. I am sure that many people are waiting for another high price to sell their bitcoin.

Not the best time to sell bitcoin pre or post halving until it reaches five digits in my opinion, we are entering bullish cycle, we should hodl in my opinion.

Just imagine you selling after the halving in 2016 and then eventually at the end of 2017 it reaches all-time-high? Someone will regret their decision if they sell even at $10k when we reach before and after halving.

Realistic goal compared to those fellas who do keep speculating the price would reach up 20,XXX+ or even more digits before they would sell out but to think that to those people whom do able to buyback on 8400 price are definitely making money as of this moment which we are already on 9k point.This do pertain or talk for short/active traders out there. Selling out will vary if you are going for long term or just short term,
if you do see greens or positive then its isnt bad to consider on selling out for profits.The main important thing is to utilize upcoming events of sentiments for you to place a position that will potentially
benefit you out.

Yaunfitda

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Quote from: maydna on May 02, 2020, 11:28:42 AM

Quote from: okala on May 02, 2020, 04:12:48 AM

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

There is need for bitcoin to retest the 200ma on a daily chart before the next pull run. Currently the 200ma is now above 9000 dollars and therefore your forecast may not be out of place. The pullback is going to have short life as bitcoin is going to get above $10,000 before halving.

Bitcoin is going to increase, and there is a big chance to hit $9k again. Hopefully, the price can jump higher as right now, the price traded at $8,953, and it still going to go up to the higher price. There is a war between the buy order and the sell order, but the trend wants to go up, and I hope that what we expect can happen in the next few hours.

If the price can be back to $9k, then I think that can give more chance to continues to go up, and perhaps, the price will reach $9,100-$9,200. Well, it's a big moment for bitcoin to go up again after the price is at a low price. I am sure that many people are waiting for another high price to sell their bitcoin.

Not the best time to sell bitcoin pre or post halving until it reaches five digits in my opinion, we are entering bullish cycle, we should hodl in my opinion.

Just imagine you selling after the halving in 2016 and then eventually at the end of 2017 it reaches all-time-high? Someone will regret their decision if they sell even at $10k when we reach before and after halving.

maydna

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Quote from: okala on May 02, 2020, 04:12:48 AM

Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

There is need for bitcoin to retest the 200ma on a daily chart before the next pull run. Currently the 200ma is now above 9000 dollars and therefore your forecast may not be out of place. The pullback is going to have short life as bitcoin is going to get above $10,000 before halving.

Bitcoin is going to increase, and there is a big chance to hit $9k again. Hopefully, the price can jump higher as right now, the price traded at $8,953, and it still going to go up to the higher price. There is a war between the buy order and the sell order, but the trend wants to go up, and I hope that what we expect can happen in the next few hours.

If the price can be back to $9k, then I think that can give more chance to continues to go up, and perhaps, the price will reach $9,100-$9,200. Well, it's a big moment for bitcoin to go up again after the price is at a low price. I am sure that many people are waiting for another high price to sell their bitcoin.

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Quote from: mahilchii on April 28, 2020, 05:27:39 PM

After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.

The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months

There is need for bitcoin to retest the 200ma on a daily chart before the next pull run. Currently the 200ma is now above 9000 dollars and therefore your forecast may not be out of place. The pullback is going to have short life as bitcoin is going to get above $10,000 before halving.

Topic: BTC rally has paused (Read 709 times)