Good sign for market | Bitcointalksearch.org

Free1bitco.in

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Quote from: yslyv on January 28, 2020, 02:04:12 PM

the real good sign for me is if bitcoin can stay for a while above the 200 day average. then we can expect to move forward

What does it mean to stay above the 200 day average? I think that a good signal will start with real information, like halving. after that, there will be a price increase continuously even though the increase is slow. however, the signal from the price of bitcoin is going up is, the increase is happening little by little. Until now, I thought the signal was there.

criza

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It could be indeed because, this might only be a sign for correction that usually causes for the price of Bitcoin to increase after it. We should hope more from Bitcoin this year 2020 because of the upcoming halving event that would surely affect the standing of Bitcoin in the market. Even though the price of Bitcoin in the present is still in a decline a lot of people know that the possibility of a comeback is high as the bull run ensues.

hahay

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Quote from: bitgolden on January 29, 2020, 11:16:00 AM

People forget that resistance points makes you "bounce down" which is not a term I know but it is literally something like that. You go towards the resistance point (last I check was $9.4k) and when you get closer you either have to break it and if you can't that means you would have to go back down a bit and recollect and try again, that is why it is normal that prices goes to 8300 levels or anything since price literally doesn't break the resistance so it is just going down, buy lower, try again later when price goes up.

We may have the same thing few more times, for example I wouldn't be shocked if bitcoin goes to $8.4k next, however eventually as long as we don't go down even more, we will keep trying and eventually one day we will break that resistance and go up.

Indeed, the decline is unavoidable and the decline can occur at any time even though prices are strengthening as has happened recently, but if this achievement can be maintained until the next month, then most likely prices will continue to increase to exceed $10k which of course it is a resistance and something to be expected. But, this is still the first quarter that I feel will not continue to increase throughout this quarter because with the negative sentiment there is very possible correction to dominate the market.

bitgolden

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People forget that resistance points makes you "bounce down" which is not a term I know but it is literally something like that. You go towards the resistance point (last I check was $9.4k) and when you get closer you either have to break it and if you can't that means you would have to go back down a bit and recollect and try again, that is why it is normal that prices goes to 8300 levels or anything since price literally doesn't break the resistance so it is just going down, buy lower, try again later when price goes up.

We may have the same thing few more times, for example I wouldn't be shocked if bitcoin goes to $8.4k next, however eventually as long as we don't go down even more, we will keep trying and eventually one day we will break that resistance and go up.

yslyv

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the real good sign for me is if bitcoin can stay for a while above the 200 day average. then we can expect to move forward

Xxmodded

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Quote from: KnightElite on January 28, 2020, 02:58:34 AM

At the beginning of the year, we saw that most of cryptocurrencies are starting to recover after its months of downtrend. Right now the market is looking healthy again because there are many breakouts that happening. The current price is now at above $9000, as long as the price will stay in that area, we can expect that there are still buyers who willing to buy bitcoins.

Beginning year become best moment where bitcoin and altcoin keep have higher price, I think this year become best moment take back with investing in bitcoin and altcoin because at the early new year bitcoin have show to public how can raise to higher price and look exist keep going on above $10,000.

KnightElite

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At the beginning of the year, we saw that most of cryptocurrencies are starting to recover after its months of downtrend. Right now the market is looking healthy again because there are many breakouts that happening. The current price is now at above $9000, as long as the price will stay in that area, we can expect that there are still buyers who willing to buy bitcoins.

ultrloa

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Quote from: Viscore on January 27, 2020, 06:02:21 PM

Quote from: wxa7115 on January 26, 2020, 12:23:05 PM

Quote from: Viscore on January 21, 2020, 08:10:23 AM

Quote from: Fatunad on January 21, 2020, 07:58:22 AM

The btc halving is one of the most anticipated event for the investors to gain more profit because of the trend since the beginning of the halving.

We were coming from a long bear market, all the speculation in the halving is here and people are so bullish with that.
This good start that we are experiencing now will likely trigger a bull run if we keep bouncing back once we failed when trying to break the resistance.

It is very interesting to try to tell what it is going to happen in the market from now on, today we are seeing an important recovery and that is always something good but we still need to break away from the 9000 level that stopped bitcoin some days ago.

If we cannot do that each attempt at making it so that fails only weakens the position of all of those that believe this is the beginning of a new bull market, as such the next days are very important to try to tell the direction that bitcoin will take and whether or not a positive trend will emerge from this.

Hey! , the good news is bitcoin hit again $9000, and we might see the price end up higher than $9000 by the end of the month.

https://www.binance.com/en/trade/BTC_USDT

This is a great bounce back, I was thinking after it corrected, it will go back to $7,000 but it didn't drop further, instead it bounce back and break the $9K level again, this must be a good market movement for crypto.

That's was awful to think that it will reach to $7k since actually we are on hype right now and actually the dip I see for now is at $8k price level and never beyond that and good thing we can almost see the price reach to $9k since it this continue maybe it will give a confidence and create a good demand.

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Quote from: wxa7115 on January 26, 2020, 12:23:05 PM

Quote from: Viscore on January 21, 2020, 08:10:23 AM

Quote from: Fatunad on January 21, 2020, 07:58:22 AM

The btc halving is one of the most anticipated event for the investors to gain more profit because of the trend since the beginning of the halving.

We were coming from a long bear market, all the speculation in the halving is here and people are so bullish with that.
This good start that we are experiencing now will likely trigger a bull run if we keep bouncing back once we failed when trying to break the resistance.

It is very interesting to try to tell what it is going to happen in the market from now on, today we are seeing an important recovery and that is always something good but we still need to break away from the 9000 level that stopped bitcoin some days ago.

If we cannot do that each attempt at making it so that fails only weakens the position of all of those that believe this is the beginning of a new bull market, as such the next days are very important to try to tell the direction that bitcoin will take and whether or not a positive trend will emerge from this.

Hey! , the good news is bitcoin hit again $9000, and we might see the price end up higher than $9000 by the end of the month.

https://www.binance.com/en/trade/BTC_USDT

This is a great bounce back, I was thinking after it corrected, it will go back to $7,000 but it didn't drop further, instead it bounce back and break the $9K level again, this must be a good market movement for crypto.

batang_bitcoin

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Quote from: atjiat on January 27, 2020, 11:53:08 AM

Perhaps in this situation, the problem in the cryptocurrency market can be solved only by reducing the supply of Bitcoin, because only a deficit of cryptocurrency can raise the price quite actively. But only large Whales and speculators own such levers of control of the cryptocurrency market, but such a development of events is apparently not profitable for them.

The supply of bitcoin is as is. It can't be reduced unless you want to send them to addresses that are considered with private keys that are lost forever. And that's what we call, burning which is popular to altcoins. I don't understand the idea of reducing the supply of bitcoin knowing that we all knew it that it has a fixed supply of 21 million. There's no way for us to reduce it and it will continue to be mined as long as we're not reaching the number until last supply will be mined.

Jating

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Quote from: Barbut on January 21, 2020, 10:04:53 AM

Quote from: Baoo on January 21, 2020, 08:11:15 AM

Indeed it is. Also, we are fortunately starting the new year with a widespread rising on the market despite there is a little drop during this time but I would like to say that Bitcoin will contunie pumping in the next months with but with a significant value especially after the halving ( as I know it is going to happen in next July ). So this the appropriate for holding Bitcoin and even buying due to the price is still under $ 9K.

This new year rise is the sign that some people waited for. They wanted to see what the crypto market is capable of. Some of us knew that from before, and we enjoy collecting profit now when prices are up. Now we need to wait for them to go down and to buy again. After halving the price of Bitcoin can go over $10k and to never return under that mark again.

Looking at the current price, it's almost $9k again, perhaps we're indeed in the bullish phase right now and people are still continuing to accumulate bitcoin because they know that the halving is coming and this could be the catalyst to reach 5 digit and beyond after May.

We can only speculate that by this time or prior to halving $10k is indeed doable because of the block halving hype. I'm not expecting it to happen at the end of the month though, perhaps around Feb-March, we're going to reach 5 digit and then even higher as we approved the halving date.

Kelvinid

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Quote from: atjiat on January 27, 2020, 11:53:08 AM

Quote from: wxa7115 on January 26, 2020, 12:23:05 PM

It is very interesting to try to tell what it is going to happen in the market from now on, today we are seeing an important recovery and that is always something good but we still need to break away from the 9000 level that stopped bitcoin some days ago.

If we cannot do that each attempt at making it so that fails only weakens the position of all of those that believe this is the beginning of a new bull market, as such the next days are very important to try to tell the direction that bitcoin will take and whether or not a positive trend will emerge from this.

Perhaps in this situation, the problem in the cryptocurrency market can be solved only by reducing the supply of Bitcoin, because only a deficit of cryptocurrency can raise the price quite actively. But only large Whales and speculators own such levers of control of the cryptocurrency market, but such a development of events is apparently not profitable for them.

That's all we've got, we can change it either. Even though the whales are holding a huge number of Bitcoin but it doesn't mean that the future of crypto is certainly be lying to them coz I believe that they have also in different insights towards crypto.

The current market flows is seeingly good to see, not really a sign for Bullrun but at least we gonna see a sort of pulling back high again. And this thing is good enough to believe that crypto isn't over yet just like some people think about when the market drastically drops down continuously after 2017 Bullrun.

atjiat

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Quote from: wxa7115 on January 26, 2020, 12:23:05 PM

It is very interesting to try to tell what it is going to happen in the market from now on, today we are seeing an important recovery and that is always something good but we still need to break away from the 9000 level that stopped bitcoin some days ago.

If we cannot do that each attempt at making it so that fails only weakens the position of all of those that believe this is the beginning of a new bull market, as such the next days are very important to try to tell the direction that bitcoin will take and whether or not a positive trend will emerge from this.

Perhaps in this situation, the problem in the cryptocurrency market can be solved only by reducing the supply of Bitcoin, because only a deficit of cryptocurrency can raise the price quite actively. But only large Whales and speculators own such levers of control of the cryptocurrency market, but such a development of events is apparently not profitable for them.

wxa7115

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Quote from: Viscore on January 21, 2020, 08:10:23 AM

Quote from: Fatunad on January 21, 2020, 07:58:22 AM

The btc halving is one of the most anticipated event for the investors to gain more profit because of the trend since the beginning of the halving.

We were coming from a long bear market, all the speculation in the halving is here and people are so bullish with that.
This good start that we are experiencing now will likely trigger a bull run if we keep bouncing back once we failed when trying to break the resistance.

It is very interesting to try to tell what it is going to happen in the market from now on, today we are seeing an important recovery and that is always something good but we still need to break away from the 9000 level that stopped bitcoin some days ago.

If we cannot do that each attempt at making it so that fails only weakens the position of all of those that believe this is the beginning of a new bull market, as such the next days are very important to try to tell the direction that bitcoin will take and whether or not a positive trend will emerge from this.

TheAndy500

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Quote from: Barbut on January 21, 2020, 10:04:53 AM

Quote from: Baoo on January 21, 2020, 08:11:15 AM

Indeed it is. Also, we are fortunately starting the new year with a widespread rising on the market despite there is a little drop during this time but I would like to say that Bitcoin will contunie pumping in the next months with but with a significant value especially after the halving ( as I know it is going to happen in next July ). So this the appropriate for holding Bitcoin and even buying due to the price is still under $ 9K.

This new year rise is the sign that some people waited for. They wanted to see what the crypto market is capable of. Some of us knew that from before, and we enjoy collecting profit now when prices are up. Now we need to wait for them to go down and to buy again. After halving the price of Bitcoin can go over $10k and to never return under that mark again.

This is the most difficult question now. Was it just a bull trap and the price will begin to fall, or is it the beginning of increases or maybe even the beginning of a new bull run? I think we have to wait a month or two to see if this is a stable situation or the continuation of bear market.

Barbut

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Quote from: Baoo on January 21, 2020, 08:11:15 AM

Indeed it is. Also, we are fortunately starting the new year with a widespread rising on the market despite there is a little drop during this time but I would like to say that Bitcoin will contunie pumping in the next months with but with a significant value especially after the halving ( as I know it is going to happen in next July ). So this the appropriate for holding Bitcoin and even buying due to the price is still under $ 9K.

This new year rise is the sign that some people waited for. They wanted to see what the crypto market is capable of. Some of us knew that from before, and we enjoy collecting profit now when prices are up. Now we need to wait for them to go down and to buy again. After halving the price of Bitcoin can go over $10k and to never return under that mark again.

Latviand

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Quote from: Wilhelm on January 02, 2020, 08:02:25 AM

Quote from: davis196 on January 02, 2020, 07:58:08 AM

The bitcoin price is going to stay around 7K USD for the rest of the winter.
There are no good or bad signs for the market now.The price volatility is so damn low.

It will go up after the halving. The halving is historically the lowest point on the exponential graph.

There's no valid basis for this claim. It indeed happened on the past but given how inconsistent the uprise and downfalls were, it is an enough proof how unpredictable the market is. The bottomline is no one can determine what would happen for tomorrow's market behavior. The best thing to do is to be patient in order to be safe from hasty investments. There is a chance for an increase but there is an equal tendency for dumps.

Landak

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Quote from: Viscore on January 21, 2020, 08:10:23 AM

Quote from: Fatunad on January 21, 2020, 07:58:22 AM

The btc halving is one of the most anticipated event for the investors to gain more profit because of the trend since the beginning of the halving.

We were coming from a long bear market, all the speculation in the halving is here and people are so bullish with that.
This good start that we are experiencing now will likely trigger a bull run if we keep bouncing back once we failed when trying to break the resistance.

there are still a few months ahead to halving, the big whales also seems to have no intention to pump the price of bitcoin on a large scale.
seeing many people here who are optimistic about bullish. and the price of bitcoin is currently down again, use this opportunity to buy bitcoin and hold it.

Baoo

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Indeed it is. Also, we are fortunately starting the new year with a widespread rising on the market despite there is a little drop during this time but I would like to say that Bitcoin will contunie pumping in the next months with but with a significant value especially after the halving ( as I know it is going to happen in next July ). So this the appropriate for holding Bitcoin and even buying due to the price is still under $ 9K.

Viscore

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Quote from: Fatunad on January 21, 2020, 07:58:22 AM

The btc halving is one of the most anticipated event for the investors to gain more profit because of the trend since the beginning of the halving.

We were coming from a long bear market, all the speculation in the halving is here and people are so bullish with that.
This good start that we are experiencing now will likely trigger a bull run if we keep bouncing back once we failed when trying to break the resistance.

Topic: Good sign for market (Read 1346 times)