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Topic: BTC: where is the market going - page 8. (Read 1146 times)

full member
Activity: 686
Merit: 108
June 28, 2018, 06:15:43 PM
#67
The market is showing signs of a slight recovery as bitcoin prices have gone sideways during the past few days, I think this is a good time to start trading altcoin, there are a lot of altcoin are very powerful Now you need to plan your trade so that you can handle every situation that occurs when the bitcoin price fluctuates. I think the bitcoin price will be able to recover to $ 6800 then it will continue to adjust.
Trade with cautious because the market fluctuates easily. So if you are planning to trade, better to monitor the market 24/7 to avoid big losses. I'd better to invest on great altcoins and also with bitcoin, A lot of good technology that is really cheap right now look for that golden opportunity.
member
Activity: 392
Merit: 10
June 28, 2018, 06:07:00 PM
#66
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 a slight recovery as bitcoin prices have gone sideways during the past few days, I think this is a good time to start trading altcoin, there are a lot of altcoin are very powerful Now you need to plan your trade so that you can handle every situation that occurs when the bitcoin price fluctuates. I think the bitcoin price will be able to recover to $ 6800 then it will continue to adjust.
full member
Activity: 292
Merit: 100
June 28, 2018, 02:42:10 PM
#65
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.



At this moment the market is going downtown but it will get up and there are many points that shows that it will rise.
full member
Activity: 336
Merit: 100
June 28, 2018, 12:32:00 PM
#64
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.
Thanks for sharing! I think that we are all on this forum need to be a little bit more educated about the principles on how market is operating, then we would have less of those complaining about the price.
member
Activity: 294
Merit: 10
June 28, 2018, 08:42:24 AM
#63
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 have been moving sideways during the past few days and there are no signs of a strong recovery, so bitcoin prices are just around $ 6100. I think this is a good time for you to trade altcoin, so you only trade short term because the market is still in downtrend and bitcoin prices can drop sharply at any time.
Pab
legendary
Activity: 1862
Merit: 1012
June 28, 2018, 07:40:25 AM
#62
Very good analyse thanks for sharing.I don't see any big uptrend for now
i think we can be happy if btc will keep 6000$ level.Usually longer time price is staying at the bottom stronger recovery is
hero member
Activity: 1148
Merit: 527
June 28, 2018, 05:29:04 AM
#61
Great charts you have op but why aren't there any forecasts of a possible price rise from these charts because it makes no sense for a continuous drop as market has to respond positively after a dip ; )

Bitcoin market is not going anywhere but the prices of Bitcoin is kept decreasing and this make people panic about the market. Of course, it is completely common in the crypto market the price variation is very huge and volatile is also very huge. Now Bitcoin price is completely in a downtrend and of course, there is a day for Bitcoin to increase it's price even higher.
The downward trend is worrying which why we need to move away from the old strategies of hodling and try to use bitcoin on an everyday basis to try to stimulate the market to ignite demand
That’s right. The fall has created some chaos but what we all-the investors and traders-need to do is to stick to our strategy and act rationally because we cannot afford to loose our dollars. Due to this chaos, people have started calling the technology a scam but we know that is not true and we have witnessed the previous booms in the crypto market.

We just need to understand that the rise and fall is part of every market and there are inbuilt abilities in the market that ultimately help the market recover.
full member
Activity: 504
Merit: 106
June 28, 2018, 05:23:07 AM
#60
So dip,but be positive Smiley market will rise again,and all crypto investors will celebrate soon😘be patient it's normal fluctuation just hold and HODL to the maxxxx😂😂😂
Right but we have been observing the fall for some time now and it sometimes makes one pessimistic about the future of one’s invested money. But again if you recall the last year market in June, we are still good and the price is not falling by big figures by which I mean to say we should still stay hopeful and focus a bit on the market. I have been following some good experts and they all are having positive vibes about the future.
Well I think when someone gets interested in this world of trading. He mustn’t be losing his mind and his control over his emotions. Although bitcoin isn’t getting us and it’s not showing the price range we are expecting from it since long time. But still, we all know this is happening this way always. Bitcoin is always been going down and then jumping up and then this continues for long time.
legendary
Activity: 3808
Merit: 1723
June 28, 2018, 02:39:36 AM
#59
Basically trading is very simple while yet difficult at the same time.

If you want to be successful you need to look at the larger timeframes like the weekly and the dailies.

On the weekly we are very bullish. Especially the rise which took us from $5.5K to $20K, and we are technically on weekly support right now.

Daily however is very bearish because we keep making new lows and fail to make higher highs. In the last 6 weeks, we basically failed to close above any daily handle unless it was a wick; total rejection.

So taking today for an example, we need to close above the high of yesterday to gain momentum. And it would be best also to close above the $6900 which is the highs from last week to gain further momentum into the $8000+ region.

Right now its way too early to tell.
legendary
Activity: 2170
Merit: 1427
June 28, 2018, 02:27:38 AM
#58
If you want to invest, then you better invest now at the price rate of $6000+,cause by the end of this year, price will rise and you might just end up in regret.

It depends on your goals. If you plan to hold for years, then it doesn't hurt to wait.

In most cases the majority of the people need to gain a significant amount of confidence in the market before they finally start pulling the trigger. That confidence only increases when the price has been increasing for a longer period of time, and that has not been the case for months.

And then we have the 'smarter' investors that are waiting as well, waiting to enter lower. It has become a waiting game where the average person is waiting for the price to go up in order to buy, and the 'smarter' investors are waiting for the price to go down in order to buy. If you look at both cases from an unbiased perspective, it's clear why nothing is happening and nothing likely will happen any time soon.

The market is in need of a capital injection to suck the coins out of the manipulating whale pockets.
sr. member
Activity: 1914
Merit: 328
June 28, 2018, 02:16:51 AM
#57
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’re right, but 2017 was a completely a different one and some people are now believing that 2018 will be as crazy as 2017😕 and some of them just want the price to keep on going up steady, bunch of confused people. Well, I believe that the price will go up but now. If you want to invest, then you better invest now at the price rate of $6000+,cause by the end of this year, price will rise and you might just end up in regret.
sr. member
Activity: 602
Merit: 255
June 26, 2018, 12:44:37 PM
#56
Yes,It is true.We can't predict the price of bitcoin.It is due to many factors,one of them is whales intervention. When the price of bitcoin is start to increase,the whales sell their large holding bitcoin to manipulate the price again.Then the demand in the market will be reduced in bitcoin.It automatically reduce the price again.
member
Activity: 322
Merit: 10
June 26, 2018, 11:54:47 AM
#55
I do not want to worry about the price of BTC. I sold the entire BTC and moved on to invest in NANO. Maybe BTC is out of date and NANO could grow to $ 100 in 2018
full member
Activity: 448
Merit: 100
June 26, 2018, 11:43:47 AM
#54
The future market of bitcoin would not be possible if bitcoin goes 100 billon market cap. Which is roughly btc price of 6100 dolars. Then big money wouldnt be able to get in and we All Know they are comming
full member
Activity: 784
Merit: 123
June 26, 2018, 11:36:37 AM
#53
All those predictions can be good but I eventually believe that Bitcoin is so unpredictable,  that it can fluctuate in the way that we don't wait it to be, so the main point is to be flexible.
I'm pretty sure nobody likes the market trend we have, a long market dip and of high volatility. All of these will are some reasons that could make investors felt doubt about crypto, yet they are new that's why they need to experience of gaining for them to build trust. But its getting hard today to regain cause of some FUDs that they have heard.
newbie
Activity: 92
Merit: 0
June 26, 2018, 11:23:59 AM
#52
Looking at this chart alone can be very scary, but this crypto currency market is very unpredictable and volatile, I strongly believe that after this wave of decline the market would have a growth which may surpass the highest growth mark reached last time around.
legendary
Activity: 1862
Merit: 1015
June 26, 2018, 10:28:10 AM
#51
I can see bitcoin value recover a bit but I can say that bitcoin will continue stable around $ 6000
Of course we all expecting more but with current situation, it needs some time for being increase.

I'm personally  keep hold it as long as possible !
full member
Activity: 1064
Merit: 112
June 26, 2018, 10:11:17 AM
#50
Bitcoin market is not going anywhere but the prices of Bitcoin is kept decreasing and this make people panic about the market. Of course, it is completely common in the crypto market the price variation is very huge and volatile is also very huge. Now Bitcoin price is completely in a downtrend and of course, there is a day for Bitcoin to increase it's price even higher.
sorry for interrupting but talking about the circumstances of bitcoin as of now. well as i noticed it still on 6k stage,  and it's not decreasing on this moment since it touch down 5k value. Maybe you forgot to check the market , and by the ways base on the op question well in my opinion base on the pattern of bitcoin perhaps it will pump soon and it will not going down anymore  , because it already shows a potential that this bottom price still have strong support, which in my view probably before moth of july its time for to bullish again.
jr. member
Activity: 149
Merit: 3
June 26, 2018, 09:29:20 AM
#49
the market is not going anywhere! there is only two direction it takes. PUMP and DUMP, i would say in times of great market difficulties all we gonna do is buy and hold the coin. In this way, we could not add the dip on the market selling your coin would only means dumping that eventually result in price down.
member
Activity: 280
Merit: 28
June 26, 2018, 09:10:45 AM
#48
The crypto-currency market is currently strongly associated with the growth and fall of bitcoin. I believe that bitcoin has already reached its minimum and will grow now. Together with it, other crypto-currencies are also pulled up. Soon, the market will begin to recover and strive for new records.
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