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Topic: Current Market state - page 6. (Read 14201 times)

hero member
Activity: 2296
Merit: 953
Temporary forum vacation
May 12, 2019, 11:01:32 AM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

June? It is not even halfway through to May and Bitcoin is already broken 7000 right now trading at 7400. What does this teach us all? There is no consolidation point for Bitcoin,,, there is no TA that can work well except for in the present. There is no resistance and no support,,, there is just bull or bear, and the news and developments do not seem to do anything much at all for BTC.
full member
Activity: 1526
Merit: 111
Pepemo.vip
May 12, 2019, 08:39:30 AM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard

I have essentially the same feeling

Though it doesn't look like a manipulation by the whales but rather exchanges artificially pushing the prices higher. I don't know a lot about Binance and the suspension of withdrawals there, but Bitfinex has likely started to print tethers all over again to boost the prices up (like they did in 2017) and through that try to close the liquidity gap they may have due to having 850M dollars arrested by the authorities
right, at least for now technically I see resistance has been broken, so it is expected that the uptrend will take place. for that we need patience waiting for prices, even better we help buy it
copper member
Activity: 546
Merit: 1
May 12, 2019, 07:40:46 AM
Right about now, the current market state is one of the best moment we have had in a very long time in the cryptocurrency sector. Over the past few days the market capitalization has increased greatly with lot of people having a second thought of joining cryptocurrency back. In short the current market state is mind blowing but we hope it continues like this.
sr. member
Activity: 2618
Merit: 439
May 12, 2019, 07:29:14 AM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard.

According to CZ, the withdrawal options will be open early next week, so we might see some more waves before finally seeing some retracement. If I'm not mistaken, you need to exchange tether to bitcoin in bitfinex in order to withdrawal and that explains why the price of bitfinex is at a premium at that exchange. So let's see early next week if we are going to see huge dump or it the run will continue to $8k. There are some resistance at $7400 already, but we will see if we can go back again or a pullback is already happening.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
May 12, 2019, 05:24:16 AM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard

I have essentially the same feeling

Though it doesn't look like a manipulation by the whales but rather exchanges artificially pushing the prices higher. I don't know a lot about Binance and the suspension of withdrawals there, but Bitfinex has likely started to print tethers all over again to boost the prices up (like they did in 2017) and through that try to close the liquidity gap they may have due to having 850M dollars arrested by the authorities
legendary
Activity: 2954
Merit: 1159
May 12, 2019, 01:41:56 AM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard.
sr. member
Activity: 1316
Merit: 257
May 12, 2019, 01:23:46 AM
today BTC hits $ 7.2K. if the market trust are like this many believe that it will break the $ 10K in end of this month, and i think it will. there is still had time about 2 weeks, are BTC able to touch the $ 10K figure. if it does BTC news touching $ 10K will echo over the world, and more people immediately invest and the pump cycle will continue.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
May 11, 2019, 11:04:10 PM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000
We've crossed $7200, there is no more waiting. Probably June will let us reach $10000 or even higher if there is good support in the market. More projects will strike the market generating more inflow of circulation causing a continued growth. Possibly nthe the next resistance break seems to be $7500, following which similar pattern of growth might take us reach $10000.
full member
Activity: 821
Merit: 101
May 11, 2019, 11:03:10 PM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000
Were only here at MAY and the price already hit $7000,no wonder by the end of month bitcoin price may hit 10,000$ ,  yesterday the price is only 6000$ , 1k$ gained in just a single day.
full member
Activity: 714
Merit: 114
May 11, 2019, 10:48:51 PM
currently bitcoin is helping many people not only to have an extra income but to send remittances in countries of economic crisis, I hope that more good coins do the same with lower rate and more people acceptance!

yeah yeah we all knew it but whats the connection from the current market state ? when we all here are only talking about the current state of the market and not the benefits of having a bitcoin   . but anyway  , to answer the op's question `the current market state of cryptos right now is healthy because i can see that bitcoins as well as other cryptos are now increasing more evenly  . by this i can say that the bull run or the bull market is now starting  .
hero member
Activity: 1085
Merit: 500
hi =D
May 11, 2019, 09:52:52 PM
currently bitcoin is helping many people not only to have an extra income but to send remittances in countries of economic crisis, I hope that more good coins do the same with lower rate and more people acceptance!
newbie
Activity: 130
Merit: 0
May 11, 2019, 06:59:57 PM
I can say now that the market is stable, this is a good opportunity for traders to earn as much as they want because you've seen that after this green light, there will be the red light coming on it's way and giving a problem to us.
Don't seem's stable, its still growing up without stop  Smiley
full member
Activity: 512
Merit: 100
May 11, 2019, 06:48:05 PM
I can say now that the market is stable, this is a good opportunity for traders to earn as much as they want because you've seen that after this green light, there will be the red light coming on it's way and giving a problem to us.
full member
Activity: 980
Merit: 114
May 07, 2019, 01:45:12 PM
Market is now consolidating and making new highs of this year every week from last few weeks and breaking its highs every week and it shows buying strength and start of a new bull run which give us good uptrend.
The cryptocurrency market have again start another round of steady rise without any form of crash unless for little price corrections, if you have been following the trend in the market this recent time you will notice that before bitcoin break any price bench it always go through little corrections which at every point witness a new price surg.
full member
Activity: 560
Merit: 101
May 07, 2019, 01:16:54 PM
Today's market conditions have begun to green and can be said to be stable because there is no surge that is too large even though everyone hopes that the market always rises and rises directly to the summit and everyone also hopes the market is always green every day even though it seems impossible due to market changes  must always occur for the stability of the price of a coin
sr. member
Activity: 980
Merit: 250
May 07, 2019, 10:45:49 AM
Market is now consolidating and making new highs of this year every week from last few weeks and breaking its highs every week and it shows buying strength and start of a new bull run which give us good uptrend.
jr. member
Activity: 203
Merit: 3
May 07, 2019, 09:43:58 AM
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000
full member
Activity: 1008
Merit: 101
May 05, 2019, 06:33:35 PM
#99
It surprise me a little that Bitcoin is still holding above 5k level, beside FUD news about Tether and Bitfinex. Not only holding above 5k USD per BTC level, but it seems that Bitcoin preparing for attack 6k USD per BTC  level. We have great news, big companies want's to join in the cryptocurrency market, Facebook and Nike.
I have always trusted Bitcoin performance against all odds; imagine if there was no FUD about bitcoin, bitcoin would have become very stable on a very high price by now. If Bitcoin can appreciate this much with all the negative news that could have crashed it, then we can also picture the state bitcoin will be when majority of these factors creating FUD are no longer there.

I see beyond now or next year for bitcoin, so I just don’t bother myself about the price because I know that bitcoin is just saving my money for me and will definitely get it back in multiple folds when the time comes.

I don't imagine why would the Bitcoin community have fudsters? Bitcoin has already proven its ability to be more valuable. As a member of this community, I really trusted bitcoin and it will be the one that will create a better future. Bitcoin has many factors and abilities, not just only the value but its chance to create more innovative projects.

But still, we're hoping for bitcoin's success and be more valuable soon.
communities that believe in bitcoin are certainly loyal to wait for bitcoin to grow, especially for now bitcoin shows its strength by fighting the downward trend. hence, patience will bring prosperity to the community
much people said our patience will bring on success get.if today we unpatient with current bitcoin price i am doubt we will achived our goals in cryptocurrency market.
For user those people who are investing but not having patience will lose at the end, every investors should gain knowledge before investing so at the time of dump market he will not be worry about his investment and will be able to buy and store with hope it will certainly rise, I consider this time period as an opportunity to buy at low and cheap price.
member
Activity: 308
Merit: 10
Erotic Industry on the Blockchain! RachelX
May 05, 2019, 04:27:58 PM
#98
I am very pleased with the green zones that will bring the market up.  Now is the time to invest in Bitcoin.  Because it is he who shows good growth results.  And it will pull all the coins behind him.
hero member
Activity: 1092
Merit: 501
May 05, 2019, 04:18:02 PM
#97
I do not really like this calm, I have a hunch that this is a calm before the red plum, but if this happens after a really serious growth step has to start.


You have to be patience, Calm market doesn’t mean a red dump soon. Don’t think for more dump because i know its done already. There’s so many happenings around cryptomarket now and over all its about the positive side, a more good news like this can pull the trigger way up again, so let’s wait for more of this because bitcoin can go high as much as $6k this month.
cryptocurrency investors now very confidence with current condition.and we will see bitcoin price above $6k in near future.pump and dump now already ended, its move naturally now.
Wow this is really good news for me as I heard about price is now going to more than 6k in the near future so I become so happy, I am happy that my investment has finally started to rise that I have been waiting for since long, now time to enjoy market is turning green, to be honest I was waiting for this time but in 2018 entire year I did not lose my hope and faith for my investment.
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