BTC: where is the market going | Bitcointalksearch.org

Victorycoin

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Quote from: chainedblocks on August 03, 2018, 05:23:55 AM

Quote from: Bianxee on July 31, 2018, 02:36:54 AM

Quote from: azzexx on June 18, 2018, 10:53:36 AM

~snip~

Your post is more on speculation. Well based on what i see you are seeing a little bit more dump in the market. But, in the chart clearly pass the downtrend and now we are in good uptrend waiting only this approach in etf if it will be successful or being rejected by SEC.

This must be disclaimed as prediction. Nobody knows what is happening in the market and how it will behave very next moment. There are hundreds and thousands of investors throughout the world so one man can’t perceive the ideas of every other investor. Thus such assumptions must be declared as assumptions and need to be out just claimed as guesses.

Speculation is exactly what it is and no one ever attached certainty to their predictions, but being that trading is one of human endeavors where human nature and psychology can never be discounted, it stands to reason that certain behavioral patterns are recognizable and traceable. Knowing that history repeats itself, therefore predictions made on some of the observations, have proven to come to pass most of the time.

A case in hand is the current resilience seen in Bitcoin. While most altcoins have plunged, Bitcoin is still holding strong above the $6500 price level and that is attributable to traders and investors positive disposition and anticipation for SEC approval of a Bitcoin ETF in about 3 weeks time. You'll see the price of Bitcoin will continue to firm higher as the day draws near and would likely breakout if any of the applications got approved.

chainedblocks

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Quote from: Bianxee on July 31, 2018, 02:36:54 AM

Quote from: azzexx on June 18, 2018, 10:53:36 AM

~snip~

Your post is more on speculation. Well based on what i see you are seeing a little bit more dump in the market. But, in the chart clearly pass the downtrend and now we are in good uptrend waiting only this approach in etf if it will be successful or being rejected by SEC.

This must be disclaimed as prediction. Nobody knows what is happening in the market and how it will behave very next moment. There are hundreds and thousands of investors throughout the world so one man can’t perceive the ideas of every other investor. Thus such assumptions must be declared as assumptions and need to be out just claimed as guesses.

tbterryboy

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Quote from: Bianxee on July 31, 2018, 02:36:54 AM

Quote from: azzexx on June 18, 2018, 10:53:36 AM

~snip~

Your post is more on speculation. Well based on what i see you are seeing a little bit more dump in the market. But, in the chart clearly pass the downtrend and now we are in good uptrend waiting only this approach in etf if it will be successful or being rejected by SEC.

We all know this thing that this crypto market is very much unpredictable and that things change quite rapidly especially when it comes to that of the market values of the crypto currencies. Since last few days, we have seen a much positive trend in the entire crypto market and that there are much brighter chances that soon the market value of different crypto coins will rise even higher.

wuvdoll

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Quote from: coin_1122 on July 31, 2018, 09:50:23 PM

Don't worry market will recover recently we have seen some growth from 6200$ to 8500$. Before reaching high value it should go down below to 7300$ and again it will cross the value more than 9500$. Everything we have to watch closely until it reaches high value.

Except for whales I guess, since they are the ones who are the market makers anyway and we are all just some puppets dancing to their tunes. It is one thing that I have noticed so far, which is the fact that technically, the market is highly volatile with a lot of manipulations and it takes extra carefulness to be able to get the best from it. For now, we just have to keep watching how far we will go high, Yes the chance of $20k is still there within this year.

I am still afraid of mtgox guy as I do believe he was the big force to drag back bitcoin prices from $12k to $6k levels. If he plans to sell some more coins after recent push back then we may sadly need to go back to support zones again.

imsotiredofmoviereboots

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OP's conclusion about breaking the $6k support is correct but we are still not sure if after that, the market will start to recover and rise again. The large volume that made the dump is clearly from the people who FOMOed from last December so I expected a painful drop this year. And not its hard to convince new people to invest that is the missing factor for a huge bull run.

coin_1122

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Don't worry market will recover recently we have seen some growth from 6200$ to 8500$. Before reaching high value it should go down below to 7300$ and again it will cross the value more than 9500$. Everything we have to watch closely until it reaches high value.

bennie4

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Quote from: azzexx on June 18, 2018, 10:53:36 AM

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.

On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.

Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.

You can see that bitcoin prices are going down sharply, the market is showing very bad when bitcoin prices have dropped to $ 7,500, according to my analysis, the bitcoin price will continue to fall sharply in time. and may drop to $ 6800. If the $ 6800 mark is broken, the bitcoin price could fall to $ 5100, so I believe you should get rid of the bitcoin at this point in order to preserve the capital.

jessica2020

newbie

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Bitcoin is really unpredictable we cant tell when it will increase its price again but I think this year is a good year for all of us. We need to be patience in crypto to make it increase again especially bitcoin.

alibaba93

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Quote from: azzexx on June 18, 2018, 10:53:36 AM

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.

On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.

Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.

The market is continuing to decline, you can see that bitcoin prices are continuing to decline in recent years, the current time is constantly falling sharply and is adjusted to the $ 7800 level. The price of bitcoin fell sharply, the prices of altcoin continued to fall further and the market continued to go down.

I believe the market will continue to fall sharply until the end of 2018.

srcnckr

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io.ezystayz.com

Quote from: doycku on July 31, 2018, 01:41:18 PM

Quote from: 777Jolami on July 31, 2018, 07:57:59 AM

When it comes to BTC coins, it will be the strongest penny this year and forever, BTC will go to the moon at the end of this year, many people predict and now the purchasing power of BTC is increasing. over $ 8000 and I know that they will continue to increase.

apparently you have long looked at the market. I do the fact that for today the price for Bitcoin has again dropped to 7 750 dollars. Such a decline may again indicate a bad market condition in the near future. I think that predicting in this direction will be something very difficult.

If Bitcoin drops below $ 7k4 then the market will continue to decline so strongly that at this point investors need to plan to be able to continue investing when the market recovers. It is necessary to stay calm and to make informed decisions.

ipbitrung01

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Quote from: azzexx on June 18, 2018, 10:53:36 AM

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.

On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.

Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.

You can see that the market is again continuing its down cycle, you can see that bitcoin prices are constantly fluctuating and adjusting strongly yesterday when falling from $ 8200 to $ 7700 mark . At present, bitcoin price is still adjusted at $ 7700 level, the decrease of bitcoin price causes the price of altcoin to decrease and create new bottom. I believe that at this point you should not trade to be able to minimize the risk.

dmamigo

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Quote from: doycku on July 31, 2018, 01:41:18 PM

Quote from: 777Jolami on July 31, 2018, 07:57:59 AM

When it comes to BTC coins, it will be the strongest penny this year and forever, BTC will go to the moon at the end of this year, many people predict and now the purchasing power of BTC is increasing. over $ 8000 and I know that they will continue to increase.

apparently you have long looked at the market. I do the fact that for today the price for Bitcoin has again dropped to 7 750 dollars. Such a decline may again indicate a bad market condition in the near future. I think that predicting in this direction will be something very difficult.

Market will be acting like this till maximum October. People will buy and sell and it will rise big and dip big as well. At the moment its still tough and just a mere speculation if from now it will rise to all time high or not.

parlament9

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OPEN GAMING PLATFORM

My opinion - now should be waited a little bit, at least till August 10 and I think you know why. Many hopes for this date also should be put "stop" if you are in a position now, I think on 7100, but to be constantly ready to come into the market back, and I don't tell it about altcoins which are just "at the bottom" now

doycku

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Activity: 560

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Quote from: 777Jolami on July 31, 2018, 07:57:59 AM

When it comes to BTC coins, it will be the strongest penny this year and forever, BTC will go to the moon at the end of this year, many people predict and now the purchasing power of BTC is increasing. over $ 8000 and I know that they will continue to increase.

apparently you have long looked at the market. I do the fact that for today the price for Bitcoin has again dropped to 7 750 dollars. Such a decline may again indicate a bad market condition in the near future. I think that predicting in this direction will be something very difficult.

tatum506

member

Activity: 311

Merit: 10

Quote from: azzexx on June 18, 2018, 10:53:36 AM

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.

On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.

Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.

The market is having a very big fluctuation when bitcoin prices are dropping sharply and correcting at $ 7700, I believe that if this region breaks the bitcoin price could fall to $ 7500. Therefore, I believe that at this point you should exit the US dollar in order to preserve capital and profit, the market is fluctuating continuously and bitcoin prices are returning to the bear market.

akosipepot

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Activity: 377

Merit: 252

Quote from: Hobo66 on July 29, 2018, 08:54:38 AM

Quote from: Hatuferu on June 30, 2018, 05:52:14 PM

Quote from: bitllionaire on June 30, 2018, 05:31:56 PM

Quote from: Pab on June 30, 2018, 01:07:58 PM

we have some small recovery btc price was able to hold 5800$ and than jump to around 6400$.Lets see what tomorrow will bring.Looks like most of traders was watching for 5500$ now probably most is expecting move to 6800$.That is also my expectation

That will be a good recover for the bitcoin price i think, in fact most of the investors have already waited for the price to increase too much and still they are holding their bitcoin, i think that now we can expect that the price of bitcoin will get some accelerator and very soon the bitcoin price will be trading above 8000$.

I know that will really happen soon but the problem is we don't know its definite time.So atleast we see already bitcoin price starts to recover and hopefully we will see our investments too also grow.Crypto market is such a volatile one so we should be patient enough in facing all this ups and downs in the market.

The market is going down and down. There are some corrections on daily basis, as we saw that yesterday the price was below $6000 but now it is more than $6300. The price is not stable and it is not only bitcoin but almost all cryptocurrencies are falling and growing on daily basis. I think it is best time for professional crypto traders. They can make huge profits from this situation.

The market isn't doing well with the new pump of new or something else I'm not aware is driving the market down but I'm hopeful that this is temporary and things will start improving soon.

laracastvue

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Activity: 336

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Quote from: TopT3ns on July 31, 2018, 03:57:28 AM

Quote from: topex.io on July 31, 2018, 02:58:08 AM

Below 5000-6000 bitcoin will not fall, miners will not, no one will sell bitcoin at this price. It's easier to wait out this moment.

it is proven, and Bitcoin price now up as well. and buy support is higher than that rate i think. some people already bought in high price wouldn't let bitcoin price fall, they always know how to get profit from that

The reason why cryptocurrency is very profitable even though the market price is low or high is due to the volatility of the market, traders do really like this drastic changes in order to multiply your coins.

777Jolami

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Activity: 700

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When it comes to BTC coins, it will be the strongest penny this year and forever, BTC will go to the moon at the end of this year, many people predict and now the purchasing power of BTC is increasing. over $ 8000 and I know that they will continue to increase.

tatum506

member

Activity: 311

Merit: 10

Quote from: azzexx on June 18, 2018, 10:53:36 AM

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.

On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.

Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.

The market is showing signs of falling, as bitcoin prices are starting to decline while still in the uptrend in the medium term, prices of altcoin are constantly falling, I am very afraid bitcoin prices will be able to continue. reduce amnhj. You can see that the market is fluctuating continuously and is in the bearish trend in the long run so the bitcoin price could drop sharply at any time.

TopT3ns

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#SWGT CERTIK Audited

Quote from: topex.io on July 31, 2018, 02:58:08 AM

Below 5000-6000 bitcoin will not fall, miners will not, no one will sell bitcoin at this price. It's easier to wait out this moment.

it is proven, and Bitcoin price now up as well. and buy support is higher than that rate i think. some people already bought in high price wouldn't let bitcoin price fall, they always know how to get profit from that

Topic: BTC: where is the market going (Read 1141 times)