Topic: BTC: where is the market going - page 10. (Read 1146 times)
its actually a good question,the market is going according to statistics every market go through a plan ,they go step by step .one day its going to become very successful and another day it won't its the nature of market.trading market is now going just like that it will have its success and failure day.and i think just couple of month next it go higher then it has ever gone before.
Bitcoin fell below $ 6000 again. The lower we go, the closer the turn. Before us the finish line
On June 29, the first half-year futures are closing, it is not surprising that we are seeing attempts to sell the BTC rate as low as possible. Most likely, this date will be a turning point, because what could be better than to short on the Hai, and open the long at the bottom?
The turn is close and it will be very sharp. Preparing a strong pump BTC, signaling multiple events:
1. The USDT reported each token issued, confirming an equivalent amount of real dollars.
2. Representatives of MtGox were banned from selling BTC, all payments to creditors will be made in 2019. Obviously, his plums so they did not interfere with growth.
3. The statement by the SEC, the launch of the futures from the NASDAQ too podgotovljajut us to reverse.
4. Goldman Sachs are ardent opponents of the crypto currency, miraculously changed their minds and support the crypto currency in every way.
5. Starting TUSD, the so-called stable coin. What do you think it's for? Who needs this stability? The decrease of volatility? Right, big players.
6. CME exchange rules, they do not cooperate with instruments whose capitalization is less than$100 billion. At the rate of$ 5850, BTC capitalization is approximately equal to this figure. It is clear that the auction per second will not close, I think $ 5500-5700 is the minimum that we can see. See how now buy Bitcoin at this moment, when the price falls below $ 5900, remember February, the first bottom, at what point there was a reversal? Yes, Yes, 5800+. Well, whales are manipulators, I think it's not stupid to spend such money to buy BTC to ruin this feeder. Unless, of course, it is the actions of disgruntled States, a way to deal with uncontrolled cryptocurrency.
On June 29, the first half-year futures are closing, it is not surprising that we are seeing attempts to sell the BTC rate as low as possible. Most likely, this date will be a turning point, because what could be better than to short on the Hai, and open the long at the bottom?
The turn is close and it will be very sharp. Preparing a strong pump BTC, signaling multiple events:
1. The USDT reported each token issued, confirming an equivalent amount of real dollars.
2. Representatives of MtGox were banned from selling BTC, all payments to creditors will be made in 2019. Obviously, his plums so they did not interfere with growth.
3. The statement by the SEC, the launch of the futures from the NASDAQ too podgotovljajut us to reverse.
4. Goldman Sachs are ardent opponents of the crypto currency, miraculously changed their minds and support the crypto currency in every way.
5. Starting TUSD, the so-called stable coin. What do you think it's for? Who needs this stability? The decrease of volatility? Right, big players.
6. CME exchange rules, they do not cooperate with instruments whose capitalization is less than$100 billion. At the rate of$ 5850, BTC capitalization is approximately equal to this figure. It is clear that the auction per second will not close, I think $ 5500-5700 is the minimum that we can see. See how now buy Bitcoin at this moment, when the price falls below $ 5900, remember February, the first bottom, at what point there was a reversal? Yes, Yes, 5800+. Well, whales are manipulators, I think it's not stupid to spend such money to buy BTC to ruin this feeder. Unless, of course, it is the actions of disgruntled States, a way to deal with uncontrolled cryptocurrency.
So dip,but be positive 
market will rise again,and all crypto investors will celebrate soon😘be patient it's normal fluctuation just hold and HODL to the maxxxx😂😂😂
market will rise again,and all crypto investors will celebrate soon😘be patient it's normal fluctuation just hold and HODL to the maxxxx😂😂😂 
In my personal opinion on June this month is end of bearish trend, just like last year and on july the market will turn in to bullish trend. Also there are news about regulation of crypto will come on july, so bullish trend could be start next month and possible to go all the times high again
But until now the price keeps falling and the investors getting panicked still.hope to see some upward movement in the coming days which can give the investors that trust to invest more on the bitcoin because the price will again go to moon and will reach new all timw high.Mostly of the investors says with the past price way back december, they are expect a lambo by this month but now as of the moment they can see to buy some car because of the price. Though those people are newbies with this state of price because first it is normal for bitcoin to drop this hard but not saying that it will be back, the price now is just temporary, this coming december it would be big again. Hopefully!
In my personal opinion on June this month is end of bearish trend, just like last year and on july the market will turn in to bullish trend. Also there are news about regulation of crypto will come on july, so bullish trend could be start next month and possible to go all the times high again
But until now the price keeps falling and the investors getting panicked still.hope to see some upward movement in the coming days which can give the investors that trust to invest more on the bitcoin because the price will again go to moon and will reach new all timw high.
Yeah it looks like bitcoin will take months to recover but I think this is the time where everyone should buy more bitcoins while it's still low. After couple of months market will start increasing little by little every week.
In my personal opinion on June this month is end of bearish trend, just like last year and on july the market will turn in to bullish trend. Also there are news about regulation of crypto will come on july, so bullish trend could be start next month and possible to go all the times high again
I think crypto community shall accept the fact as the risk in crypto space of the down trend of token/coin price while think how to drive the uptrend price of this crypto currencies whether to unify the strength or other kind ways.
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.
this may be a test in the crypto world because today bitcoin prices continue to fall without any increase here we as a player in the world crypto must accept that risk, because the price down in the crypto world is a natural thing ... 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.
I think the market will continue going down for a while and maybe till the end of the year. people are scared to invest now and will need time to come back, but once we bottom at 3k I think we will go back up.
It is now going to the bottom of the earth! Lol. Kidding aside, I don't know where it will go. I was shocked because of the current bloodbath and still looking for answers why it happened. I thought that it will start to increase slowly. Cryptocurrency is really unpredictable.
Lightning Network is improving as well, but will take way longer to become noob friendly....
It's a multi-year project that we shouldn't expect too much from at this stage. Good thing is that people aren't spending their coins and without a bull run the network isn't and likely won't be clogged up badly. As long as we can keep that up, the demand for an immediate LN launch won't be there.
The network right now is pretty fast. The average block time has dropped to nearly 9 minutes. Faster confirmations means less waiting transactions and very low overall fees. The fees right now are less than $0.01.
I think $ 6k is the bottom for BTC and it will be flat market for some time before the next bull run.
Last time the Crypto market bottom was at $243 BN in april and after that in May in one month period it almost doubled to $476 BN.
If this pattern repeat I think it will go over $ 500 BN and BTC will break $ 10 k level until end of Sept.
Last time the Crypto market bottom was at $243 BN in april and after that in May in one month period it almost doubled to $476 BN.
If this pattern repeat I think it will go over $ 500 BN and BTC will break $ 10 k level until end of Sept.
It's not based on anything fundamentally. Hope doesn't translate into reality very often. If it does, it will be pure luck. We really need a major bullish trigger to exit this downtrend, or else we will end up exiting this downtrend by letting the market bottom out properly and then go up out of itself. The latter obviously will take way longer and could result in a move up somewhere in 2019 and not this year. The solidX ETF can be such a trigger, but with the SEC not being eager to come up with an approval it might be pushed to 2019 at worst. Lightning Network is improving as well, but will take way longer to become noob friendly....
This is WRONG I believe that we will have a breakout. I thought so because I saw one of my friends post the pie which is telling us that we will have a breakout.
I think you should look at the way you can see that bitcoins have been dropping steadily over the past few days and still can not recover from the $ 10,000 mark. I believe the market will continue to decline and this is the inevitable rule of the price line, and it will take a lot more time for the bitcoin price to recover, I think it takes a year. 
I think $ 6k is the bottom for BTC and it will be flat market for some time before the next bull run.
Last time the Crypto market bottom was at $243 BN in april and after that in May in one month period it almost doubled to $476 BN.
If this pattern repeat I think it will go over $ 500 BN and BTC will break $ 10 k level until end of Sept.
Last time the Crypto market bottom was at $243 BN in april and after that in May in one month period it almost doubled to $476 BN.
If this pattern repeat I think it will go over $ 500 BN and BTC will break $ 10 k level until end of Sept.
I still bullish for BTC and others altcoin, and in my opinion the price of BTC now is the cheapest price and ready to go to higher. In technical analysis the price of BTC in the bottom and from fundamental analysis there are many good news related crypto. My prediction market cap of crypto will be going to $800 Bn again in this years.
We have seen such dips in the prices multiple times in the past but I am sure most of us have not observed the bounce back percentage after the dip. Bitcoin has emerged with stronger growth rate after such corrections and fall down with diminishing rate each and every time (with some exceptions to it), so I think that Bitcoin will head towards stability if this pattern continues.
It may break $6400 support in few days but whether it will go below $6000 or not is the real question so your predictions is not very useful for me because if it go below $6000 things will change.
I won't agree with your point.Now the price is started to increase again,t hen how you think the price will reduce again.It was a unacceptable one.It may be reduction after tomorrow.When there is green mark,it will continue atleast for two days.Now Bitcoin is become a strongest asset .
Yes, the price has somewhat recovered and has crossed $6700 if I'm not mistaken, whether is a good sign I don't know. What we all know is that the market is really free falling by now and maybe the OP is correct that we might see the price sliding a bit further as there as no strong support. What we all witness is that day traders and whales will suddenly pump the market and will take the profits whenever they can. At least getting to $10K will be safe for us, but the road going there is really difficult as of the moment.
It may break $6400 support in few days but whether it will go below $6000 or not is the real question so your predictions is not very useful for me because if it go below $6000 things will change.
Yes currently the selling pressure is increasing, but i think that bitcoin will get a good support at 6000$ and hopefully bitcoin price will not cross that leve so soon, i think once bitcoin price get some support then people will again start investing their money there and hopefully then its price will once again start increasing and will even reach to its previous price in which it was trading a month before.
Usually at the bottom there are strong movements. As we see now the market is slowly going down.
For me it means that until we have not reached the bottom.
For me it means that until we have not reached the bottom.
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