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Topic: Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge (Read 932 times)

sr. member
Activity: 1582
Merit: 279
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I think that the state of the cryptocurrency market, as well as Bitcoin pricing will depend not only on market speculators, but also on real investors.  If Bitcoin is interested in Big Business, then it really improves the performance even before the end of this year, if forecasts of relatively heavy industry and the stock market get better. 
indeed the problem is that Bitcoin is experiencing an increase in prices by relying on investors as well as its solution if more and more investors invest in bitcoin, of course the price of bitcoin and the crypto market is also rapidly increasing
member
Activity: 397
Merit: 10
If to look at the dynamics and statistics a price of  bitcoin , then it depends on the state of the global economy. Another world crisis is advanceing. Bitcoin acts as a funded asset and capital is accumulated by major players and corporations.
In 2017 year , the Bloomberg agency predicted a price of $ 40,000 btc at the end of 2018) Wink
It has been predicted that the price of bitcoin will reach USD 40000, of course the great optimism that accompanies bitcoin owners involved in trading because the profits are clearly illustrated.
But my prediction will not be reached by the end of this year, because the price of bitcoin is currently still in the range of USD 10000. The most common increase now is 20% to 50% and that will continue until the end of the year. Of course this is my personal opinion that seeing the bitcoin price increase is not too drastic.
full member
Activity: 924
Merit: 221
So what's going to be the next thing that's going to happen? The market seems to stable this time around though it has managed to cross the $8000 mark recently, which has been a difficult thing to happen since we got into this month. After getting to around $8.4k the market price slides back to $8.3k and has been stable at that rate. Some experts has been predicting that there is going to be another all time high and it is going to be this year, and there are also those that are predicting next year as well (2020) so we don't even know which ones we are going to believe cause they are all not sure of what they are saying.
nah as of now the Bitcoin market price has gone already 9K USD and taking it to 10K USD will be possible also as it seems that 9K is nearing already to 10K USD. Now, if bull run will going to happen then probably many users now will going to earn unlike in the previous bull run to which only few had anticipated the bitcoin market price bull run. We will just hoping that it will going happen.
hero member
Activity: 1190
Merit: 541
So what's going to be the next thing that's going to happen? The market seems to stable this time around though it has managed to cross the $8000 mark recently, which has been a difficult thing to happen since we got into this month. After getting to around $8.4k the market price slides back to $8.3k and has been stable at that rate. Some experts has been predicting that there is going to be another all time high and it is going to be this year, and there are also those that are predicting next year as well (2020) so we don't even know which ones we are going to believe cause they are all not sure of what they are saying.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
Mildly bullish, I guess it's an accurate description of what is currently happening now.
Price is increasing so we can still expect that there will be higher increase to come since we are not full bullish yet.

Will probably be waiting for that time.
Its been 2 months since the first bull run shocks the people. As of now, market is continuously recovering. I guess if bitcoin breaks down the 10K dollars resistance then the real bull run will start. But since it becomes stable at 8k dollars, we cannot tell if it will rise or fall in the end of 2019.
legendary
Activity: 3318
Merit: 1128
And after the small bull trend, the market still returned to a lower state and is now struggling to get passed the rate $8000. Recently it had managed to reach $7977 and has remained stable at that rate without making any move to cross the $8000 rate. So what's going to be next this time around? Is it going to drop back to $7000 and start all over again to climb the ladder or is it going to cross this rate? Investors are finding it difficult to break this particular resistance level. I believe that if the price gets to pass the next resistance level, then there is going to be a sharp upward trend.
the point of resistance is indeed a psychological area for traders. in that position, of course, traders are faced with two psychological choices. whether to keep buying to break resistance or sell it assuming that many traders sell it too. therefore it is necessary to look at a larger time frame
For me as a trader, I believe whatever happened in the past that has dropped the price of Bitcoin and has made it struggle several times is just a normal correction which I believe is over now with what I am studying, investors might be reluctant a little bit to make investment now, because of not being sure if there will be a correction again or not.

I know that there will be a little push soon, which will make investors to start buying Bitcoin again and in other for traders to prepare for that, it is still not risky to buy now. I did not allow all these to affect me psychologically, the simple strategy I just use is to buy dip every time I see any.
hero member
Activity: 2842
Merit: 772
And after the small bull trend, the market still returned to a lower state and is now struggling to get passed the rate $8000. Recently it had managed to reach $7977 and has remained stable at that rate without making any move to cross the $8000 rate. So what's going to be next this time around? Is it going to drop back to $7000 and start all over again to climb the ladder or is it going to cross this rate? Investors are finding it difficult to break this particular resistance level. I believe that if the price gets to pass the next resistance level, then there is going to be a sharp upward trend.

I think we all know that the price could easily go on either direction. I'm very bullish about bitcoin price but it seems that we have someone entered a bearish trend here. So I'm not surprised if we go sub $7k again because it looks like the bears have been exhausted after having pushing the price to the $9k mark.

I do hope I'm wrong here, but hey if the price goes down again, if will be a perfect opportunity to stash more bitcoin at a cheap price, so let's see how everything pans out.

full member
Activity: 826
Merit: 100
And after the small bull trend, the market still returned to a lower state and is now struggling to get passed the rate $8000. Recently it had managed to reach $7977 and has remained stable at that rate without making any move to cross the $8000 rate. So what's going to be next this time around? Is it going to drop back to $7000 and start all over again to climb the ladder or is it going to cross this rate? Investors are finding it difficult to break this particular resistance level. I believe that if the price gets to pass the next resistance level, then there is going to be a sharp upward trend.
the point of resistance is indeed a psychological area for traders. in that position, of course, traders are faced with two psychological choices. whether to keep buying to break resistance or sell it assuming that many traders sell it too. therefore it is necessary to look at a larger time frame
member
Activity: 599
Merit: 10
I think that the state of the cryptocurrency market, as well as Bitcoin pricing will depend not only on market speculators, but also on real investors.  If Bitcoin is interested in Big Business, then it really improves the performance even before the end of this year, if forecasts of relatively heavy industry and the stock market get better. 
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
And after the small bull trend, the market still returned to a lower state and is now struggling to get passed the rate $8000. Recently it had managed to reach $7977 and has remained stable at that rate without making any move to cross the $8000 rate. So what's going to be next this time around? Is it going to drop back to $7000 and start all over again to climb the ladder or is it going to cross this rate? Investors are finding it difficult to break this particular resistance level. I believe that if the price gets to pass the next resistance level, then there is going to be a sharp upward trend.
legendary
Activity: 3318
Merit: 1128
even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.
I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.
Another thing he might let is relatives know is to fully understand the nature of the cryptocurrency market and how patience is needed, while they should not always expect too soon result from their investment.

One of the major reasons why we see lots of FUD news about Bitcoin from some investors is because they are not patient with their investment; they want to put in money today and because of the speculations they have seen in the market, cash out the next day.

Investment does not operate that way, one thing we can be certain of is that the market will grow far bigger than their investment in future, but what cannot be guaranteed is the time and year it will occur.
psychological traders greatly influence the market of cryptocurrency. when the price is in a resistance area, of course there will be many traders who release their assets, and buy back when the price corrects.


I do this a lot too, and which is why I don’t panic anytime I see price correction because I know that most traderspractices this and trader really have very great influence on the market, they are the ones that mostly move in money in and out of the market, and it is not every time that it’s a whale that causes this.

We have very big time traders that trades with huge amount of money, I remember recently I saw where an op posted an information about a whale moving up to 25,000 BTC out of an exchange and they think it could be whale which I laughed, many people don’t believe we have traders that trades with such he amount of money.
hero member
Activity: 2632
Merit: 833
market is filled up with positive news we can expect more bullish with bitcoin chart even technical indicate bitcoin may touch again previous all time high so next target for bitcoin is 13000 dollars as per some techinal analysis

There's one negative news last week though, it's about the Indian government trying to ban bitcoin. I don't know if this is just FUD, but it looks like it affected the price recently at it slide ~ $8k in the last couple of days.

But I'm still very bullish though, I'm still expecting that this month we still be a good month and could probably hit around the $9k levels once more.
full member
Activity: 1526
Merit: 111
Pepemo.vip
even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.
I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.
Another thing he might let is relatives know is to fully understand the nature of the cryptocurrency market and how patience is needed, while they should not always expect too soon result from their investment.

One of the major reasons why we see lots of FUD news about Bitcoin from some investors is because they are not patient with their investment; they want to put in money today and because of the speculations they have seen in the market, cash out the next day.

Investment does not operate that way, one thing we can be certain of is that the market will grow far bigger than their investment in future, but what cannot be guaranteed is the time and year it will occur.
psychological traders greatly influence the market of cryptocurrency. when the price is in a resistance area, of course there will be many traders who release their assets, and buy back when the price corrects.

member
Activity: 280
Merit: 15
market is filled up with positive news we can expect more bullish with bitcoin chart even technical indicate bitcoin may touch again previous all time high so next target for bitcoin is 13000 dollars as per some techinal analysis
full member
Activity: 868
Merit: 185
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Bullish! They always say this is a bullish period. But until today, I did not satisfy my investment. My ethereum turns to a doom when I left without any profits. Maybe, I just need more time to wait because ethereum will soon moving up. Bullish season is not permanent, we should make it more profitable once it will show to us.
member
Activity: 588
Merit: 11
The growth of crypto market this year might be moderate if we compare it to bullish 2017 and bitcoin price uptrens might be slower and can't still able to break its all-time high. The surge should be continuous if the bitcoin really going to make a bullrun this year. But comparing it to last year or 2018, this year is far more better abd there are signs that market will make some significant gains this year.
hero member
Activity: 1148
Merit: 527
even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.
I think your relatives are not too late because the price of bitcoin can experience an increase in prices, what you need to note for your relatives is that they must be able to keep their assets from being sold before prices rise and I suggest not using money that is important for your life which is not being used too much for trading capital to be safer and stay calm.
Another thing he might let is relatives know is to fully understand the nature of the cryptocurrency market and how patience is needed, while they should not always expect too soon result from their investment.

One of the major reasons why we see lots of FUD news about Bitcoin from some investors is because they are not patient with their investment; they want to put in money today and because of the speculations they have seen in the market, cash out the next day.

Investment does not operate that way, one thing we can be certain of is that the market will grow far bigger than their investment in future, but what cannot be guaranteed is the time and year it will occur.
full member
Activity: 854
Merit: 103
even though most of the indicators are showing positive with the new update from bitfinex and tether investigation  we may expect bitcoin prices may come down to 4500 dollars thereafter again accumulate and price pump

Gosh, I hope, it will not happen so soon. My relatives decided to join us. They entered the crypto market this year. Now, we are all watching Bitcoin progress and waiting when it can grow.

They made the right decision. They entered the market when the cryptocurrencies are still not expensive, but they are definitely going to grow. Probably, we will all greet bulls soon.
hero member
Activity: 798
Merit: 527
If I say that taking a step to buy in wasn't the right thing to do, then I'll be saying the wrong thing. It's really good that I took the step to buy and also had the patience till this time. The price seemed to be declining a bit this week, cause I saw when it dropped back to $5.3k, today is a different story cause it seems to be bullish to today, already at $5.6k, even close to $5.7k. Some analysis I have seen have predicted that there is going to be an increase to the rate of $6000 before the month ends and I really hope that is true.before this year ends we are likely going to see another high price indeed.
I foresee it achieving this quicker before then end of the month, it there had been  a little more forceful push on the 3rd, I am sure by now, we would have seen the $6000 value and already taking about targeting $7000 because I can see that the ATH recorded for 3rd was $5865, which is virtually very close.

It would have been very lovely if I had bought when the price dropped to even $5100 which I saw, I think that was during the tether FUD news, but couldn’t buy anymore because I already ran out of investment cash and would not want to tie down my family’s feeding money, but at any chance I get even with this price, I will still buy, because end of the year is my real target.
legendary
Activity: 3514
Merit: 1280
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it is good to listen to experts, I am not saying follow their opinions, but listen to them and build on them

It is more dangerous than it seems at first sight

Any information affects your choices in subtle ways and more often than not in ways you don't expect or even suspect. Technically, this is what FUD is essentially about and depends on as it aims to change your emotional state which you can't consciously control. You read something and even if you see that it is full of crap and bullshit, it still affects you (and thus your future decisions) in ways which you may not quite like. That's why you should choose what to read and what to refrain from reading altogether. ZeroHedge posting doom and gloom 24/7 seems to be the most conspicuous example of this kind (but definitely not the only kid on the block)
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