Topic: discuss the market? - page 12. (Read 1198 times)

hopefully the price would be back up and and slowly rising back to 10k mark corrections every 1k will be pretty nice so there will be no huge crash. yes there are alot of optimistic because bitcoin is the future.

Not quite tho because just earlier bitcoin fell on $6300 and I think it will continue to be on its sideways and in fact we can see more from it and seeing the graph we have high resistance on $6k. We're now on the 4th month of downtrend though many are still optimistic that this will come to end and we can see more profit before we close the year.

Now it is downtrend but maybe it still continue downtrend 1-2 more month. just my opinion but now is also near the bitcoin bottom price. you can buy and hold long-term

No body can predict the market in accurate, but by look in to price of BTC that going down already 1/3 from highest price in januari and some altcoin also hard dumped up to 1/10 , and this mean the price of crypto on overbought already. This situation make all price of crypto is cheap and will be more buyer come in to market because they will thinking will be more easy to gain multiple profit because the price in the bottom already.

It will, why? because of this kind of posts, don't help the panic sellers sell. Also if you're going to tell the future price of a coin please add your analysis why.

Since this was posted a few days ago, during that days everyone is quesioning if the $6,000 support level will hold. I do not understand people why they doubt it. The $6,000 support area have been tested multiple times. That is the strongest support level we have.

If Bitcoin reacheas 2000$ After Growth 20,000 $ . Media will create news thus It will lose hope To gain retrust on Bitcoin. And Its naturally That situation will be worst in Time. People will lose All the Earning.

Bitcoin Is Illegal in many countries already due to illegal use By companies Who deals in Dru*gs and Other Works.

Hope we see some postive news That will Increase Bitcoin price back to Normal

I think with many countries trying to take steps against Bitcoins it's making people scared and they are now trying to get out of the market  and offcourse the false news is always on the go .. these kind of news are making everything worse.
And also we are seeing some positive ones but you know they are something that's not causing some huge impact.
And not only the Bitcoins but all other altcoins too are seeing a huge downtrend. The whole economy of cryptocurrencies is down.
I think it's hard to recover because it's now nearly 3 times , but we generally tend to see the nice waves around November so we all should wait till now for anything to make a good move.

Truly, members’ in this market are completely free to give prediction, so why they don’t have a positive thinking for their prediction. As we know that bitcoin and many more other crytocurrencies are well-known for its highly volatile. It’s quite normal when the market’s in downward trend. Definitely, there’s no dip forever, the market would recover. Instead of getting panic , We’d better to take advantage of the drop to buy coins so that we can reap a huge fruits. Especially, don’t never ever have such a negative thinking like that.

I also don't see the market dropping more than it has done already. It has gone higher than $6500 and so price is beginning to look up. The market is retracing back.

This market downtrend is already recover in slowly and it will never move to below 6k USD because still many of them trusted in the Bitcoin so this move to raise again. I think bull run is start soon and no one is predicted when it will going to peak. May be this year it will reach some decent marketcap because some regulation comes in many countries so peoples are buying continuously this will move forward.

Here's an article I found today guys explaining bart patterns, what is going on with them, and potentially how to trade them...  was thinking of doing a write up myself but this article explains it so well, I just will plug theirs:

https://medium.com/@getgoodcrew/best-guide-to-trading-barts-you-will-ever-see-c4fb0db24ff

You're not making any sense. Sober up before going online. And why are you stuttering? Recently every thread is full of halfwits.


TA predicts the bottom by comparing the current chart to 2013, but it fails to take into account that this is a completely different market. We have more institutions, more total investors, more coins on the market, more exchanges, more laws... We're not in Kansas anymore

Yeah, that's my point, unless you have a ton of money and you can throw around thousands of dollars and hold without having to worry, holding isn't really an option for everyone. Yeah, the ''bart pattern'' is really getting too obvious at this point and it happens every single day almost. It's definitely a no trade zone for me too, I would rather wait for confirmation and get in late even if it means losing a better entry than getting in right now and get rekt by some random crash.

The summer market is very boring and nothing happens. I think that we should not expect growth now. The main events await us in the autumn and winter. If growth is possible then it will be at the most unexpected for all time.

I definitely agree, hodling only really makes sense from an ICO price or shortly after and even then projects from here on out will start disappearing.  We are definitely in a massive MASSIVE ICO bubble with the amount of projects coming into this space and most cannot survive.  My spin is also everyday you're holding is a day you aren't making money, which is the same as losing.  This market really only has about 2-3 years of easy money left before it becomes a lot slower and less volatile... it seems crazy to me to spend that entire time just hodling one project,

As far as the market I think we are in a dumb zone.. I don't intend to really participate until we decide that we are closing on a daily candle above 6800 or if we're gonna fall flat and retest 5k (or even 4.5k)  Right now I'm sort of neutral bullish, meaning I think the end of the bleeding is really close, its just a matter of how bad capitulation makes the last little bit bleed. The manipulation behind the infamous bart candles leads me to believe that someone knows something behind the scenes, which I think will be the catalyst to get all of this to stop... which is the Bitcoin ETF for large players will be approved with Ethereum now following shortly after.  I definitely am not comfortable shorting or longing this market on leverage, and am instead focusing on other things waiting for Bitcoin (or its manipulators) to find its way... Hopefully soon, perma-long to 50k.

Im waiting it to drop hard to reenter with a large position and never look again at any chart.

I'm not a big fan of holding for years, sure history shows that holding for years seems to be a good idea but there is going to be an end to that, maybe bitcoin has hit it's ATH forever, holding for years in that case wouldn't really be a good idea. Also holding for so long it's only really possible if you have a good amount of money.

Im not an enthusiast of giving a prediction with the current market behaviour in bitcoin sijnce I don't have a plan to sell for long period. That's your opinion so be it.

Instead, Im asking others, why they really care and concern for price decrease to the point that they keep asking others what's their view about it? Are they planning to buy more and just waiting for more dips? Are they wants to minimize the losses? Or wants to do a short term trades?

Generally, trust our own process and just do what we think is good providing it's really worth to give a shot.

It is because TA has somewhat pointing that $5,500-$5,800 will be the bottom. As we all know the previous bottom we have is around $6500, so we have reached that already. But it seems that this market is fluctuating and everyone is expecting that daily traders will take profits as soon as the price goes on a +$500 so I'm also thinking that we can go below $6000, but I hope that I'm very wrong.


I hope though that you are not affected by this kind of FUD because we all know that its part of the system. Everyone has its own opinion and even predicting the death of bitcoin. So I advise you to just observe and see how the market recovered and prove them all wrong.