Good sign for market - page 4. | Bitcointalksearch.org

wxa7115

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I don't want to go on in circles and just say that for Bitcoin this can be a good year because we might be seeing ton of bulltraps before the actual bull trend. Let's just wait for further movement to make sure we can't get our emotion every time the year ends, in my opinion. Let's just let Bitcoin sit on this first and have a break from further speculating, and in my opinion let's all wait for the bitcoin halvening to come and see what it brings to the market.

That is an interesting thought, during the previous days the price of bitcoin has gone up very rapidly and many thought this was the bull market we all wanted and the price at the beginning of this day went up as well but now the bears are making a comeback and we may get a negative day instead of a positive one.

If this tendency continues then that would have been the first bull trap of the year and we do not know how many we will have to witness to finally get to see a bull market if we get to see it at all during this year.

jostorres

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It is good that we started the year with going above $7.5k, thats at least some sort of relief that bitcoin will eventually make a difference and go up (or at least shows signs that it can go up) and that is something we direly needed in the past 2 months. It looked as if bitcoin was stagnant and couldn't go up even if it tried and there was a secret barrier that kept bitcoin from going up and whenever price went up there were thousands of bitcoins sold to drop the price again but that all changed very recently.

Price went under $7k just a week or two ago and then it went back up above $7k and that triggered a hype that showed that bitcoin is not going down so we can buy with ease of mind and just either would stay the same or if we are patient enough we could profit, people already made over 5% profits if they bought during those times.

asus09

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Quote from: Aying on January 06, 2020, 04:55:37 AM

Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

Probably this year is kinda good sign for us because of any news that related to crypto currency and out side crypto are getting more info about it, not just that they are willing to learn more because of what happening in their country and the halving event too. so this year is really bring amazing moment for us crypto users.

Always have the same words every time with prediction expert or amateur there always said good sign for market with investing in bitcoin and altcoin, maybe when end of 2018 many people optimist for good sign market in 2019 but what the true bitcoin have down whit lower price and now repeat again whit the same recommendation, why we have sign whit bitcoin and altcoin investment?

Aying

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Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

Probably this year is kinda good sign for us because of any news that related to crypto currency and out side crypto are getting more info about it, not just that they are willing to learn more because of what happening in their country and the halving event too. so this year is really bring amazing moment for us crypto users.

senne

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Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

I don't know what made people think that the bull has come. The price has corrected till $7300 and is testing the support of $6800 time and again which isn't a pretty site for any bull. Though bulls are trying to take price up but are failing miserably. There is a lack of volume and whales who are in accumulation stage are not ready to take up any position.

Kemarit

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Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

Bull run started way back, even prior to 2017. Only that in 2017 there's a lot of positive news that come around pushing the price even further. If you think that we're following a pattern here then it should be in 2021 when the supposedly '4 year cycle' ends. But I wouldn't worry about it though, let the market flow it's normal course and we will see if it will touch another all time high or not.

Quote from: Wysi on January 02, 2020, 03:10:03 AM

I think this is a good sign for bitcoin.

Bakkt was a good sign for Bitcoin in 2019, but it didn't have any significant effect on the price isn't it? There could be a lot of bull traps/run along the way in 2020, and the only thing we can really do is wait and adjust our trading strategies whether there is a good sign or not.

TitanGEL

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The current price of the bitcoin is still consolidating so for me it is a good sign nut if the price breakdown to its support then it is a bad sign. The current price is still resisting in its major resistance but if there will be a successful breakout and not fake breakout that will happen, we will see a strong upward movement of the price of the bitcoin.

barabarian1

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the current price of bitcoin is still at the level of $ 7k I think there are no good signs for the crypto market. and we cannot equate the current condition of the crypto market with the state of the crypto market in the past. because everything has changed. I think we can say a good sign if the price of bitcoin can leave the level of $ 7k and then continue to pump until bitcoin reaches $ 10k before bitcoin is reduced by half.

Free1bitco.in

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Quote from: smyslov on January 05, 2020, 11:02:31 PM

Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

We cannot expect the movement to be that way, market is very dynamic that even experts are having a hard time to tell when is the right time things are going to happen, all I know is the time has come for Bitcoin and Cryptocurrency to improve, I'm following the price every hour for a sign or hint but still no indication of a big pump ahead although the price is much better now.

to be honest, I also do the same thing, I always check the price every hour, and do not find anything that changes. but, there are other things to think about, like when we sleep, and check the price, sometimes the price changes significantly. that means, we cannot see that potential every hour, so we can only assume that we currently have a good signal to see the price of bitcoin going up high. the proof, at this time the price of bitcoin began to rise.

smyslov

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Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

We cannot expect the movement to be that way, market is very dynamic that even experts are having a hard time to tell when is the right time things are going to happen, all I know is the time has come for Bitcoin and Cryptocurrency to improve, I'm following the price every hour for a sign or hint but still no indication of a big pump ahead although the price is much better now.

Reid

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Yes it had been a good 4 years.

How about this year only? 2019?
It had been great too.
Weak holders are out because of the panic from 14k down. The strong will be the ones left and that is good for now.
Bitcoin should also be composed of strong investors for now and maybe in the future those weak ones will be back having a new will to use bitcoin and maybe invest at large amounts too.
We need that. We need more demand and somehow merchants will see that and use it as one of the most known payment option.

TheAndy500

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Of course, that the price increase in the first week of the new year is a good sign. However, in my opinion, we should not rely too much on historical data. Halving will definitely be the highlight of this year. However, a lot can happen up to this time. It is possible that this is the beginning of growth, but I think we should be very careful, because the market can make an unpleasant surprise at any time.

Yamifoud

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Quote from: ?? on ??

I don't want to go on in circles and just say that for Bitcoin this can be a good year because we might be seeing ton of bulltraps before the actual bull trend. Let's just wait for further movement to make sure we can't get our emotion every time the year ends, in my opinion. Let's just let Bitcoin sit on this first and have a break from further speculating, and in my opinion let's all wait for the bitcoin halvening to come and see what it brings to the market.

2017 Bullish has also given some learnings. People are too optimistic that that and think that it will continue to soar high in the next year(2018), but the unexpected price drop off surprise a lot and suffering big losses. That was really a huge market disappointment and it helps to open up our mind that not all the time we are on the top, bearish could still exist. These things might also happen this year and that is the reason why I'm not been too much optimistic.

BTW, I'd love to see your calmness and that is important also.

carriebee

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Quote from: djsugar on January 04, 2020, 01:39:37 PM

You can't escape correction whenever the price makes an upward move. But the thing here to note is that btc successfully defended the support of $6800 and kept the price above $7k floor after being tested again and again. This shows that the correction is done and even a small momentum up with decent volume can take price to sub $9000s.
So yes, that is a good sign for the market and we can expect some percentage gain in coming week or so.

Well hopefully this is a good sign since the most awaited for btc to experience in a bull run was long. We have to be patient in this market condition though many of us are also waiting for the increase. The price is still above 7k$ and let's hope it will surge in the coming months.

djsugar

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You can't escape correction whenever the price makes an upward move. But the thing here to note is that btc successfully defended the support of $6800 and kept the price above $7k floor after being tested again and again. This shows that the correction is done and even a small momentum up with decent volume can take price to sub $9000s.
So yes, that is a good sign for the market and we can expect some percentage gain in coming week or so.

wxa7115

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Bitcoin is GOD

Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

You really seem to have a very limited view of what it is a bull run, the last months of 2017 was when the price went crazy and it went up like nothing I have ever seen in my life, but that was the culmination of the bull market, the bull market actually began to manifest itself since 2016 when the previous halving happened and we saw a moderate growth during that year, then this trend continued during the next year as people were expecting if segwit was going to be activated or not.

And it was not until segwit was activated that we saw such an increase in the price of bitcoin that make it news all over the world, so for the time being you should not expect any kind of significant growth coming from bitcoin.

Cacingkemi

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Quote from: alexsandria on January 03, 2020, 11:25:03 AM

Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

It still a bit early to tell as we ain't noticing any significant changes in the market. Though we are all hoping for a better market this year we still can't leave the idea that the market go upside down. But what's sure right now is that we had started better than previous year, but what lies ahead still unsure. And bullrun still uncertain when to come.

Yes, many people are preparing for this, and I think most people are hopeful that the market price this year will be better than the previous year. if we feel confident that there will be an increase in market prices this year, don't keep waiting for when the bullrun will come, let the time answer all that because an increase in market prices cannot be ascertained when it will happen

daarul50

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Quote from: Yamifoud on January 03, 2020, 11:05:44 AM

The price still moving not far from the last month. We are still stuck at $7,200-$7,400, with no signs that we will be moving farther. The current price isn't making huge adjustments but not bad at all when comparing how we start last year at $3,000 plus. It is pretty much clear to think that 2020 is getting more interesting. And confidently enough that we are able to reach beyond $10k this year if the market will steadily move like this. Not included in how halving can do.

this is altcoins season for the next 6 months , even when the bitcoin halving occured within 5 months.

people also thinking that the attack on iranian commander qassem soleimani has influenced the price locally especially in localbitcoin where someone selling/buying bitcoin for $20000 , this is not makes sense for the long term but yes maybe a temporary one.

i expecting $10000 in the next 6 months at the very best bitcoin performance.
still too much uncertainity. that is what makes investors come and go quickly.

olumyd

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Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

By extension, are you suggesting we would have a sudden uptrend that may only last for some weeks (perhaps 4 weeks) and then drop? That could be a good inference for gauging bitcoin prices over its seemingly bullish periods. The signs imo aren't as bullish as I expected. I did anticipate a rise in price from the latter days of 2019 but was a little disappointed.

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Quote from: Wysi on January 02, 2020, 03:10:03 AM

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

The decline has been calculated since the last halving time, and in front of us, there is the next halving that can make the pump price back. a lot of speculation about this, like the price of bitcoin will reach a new ATH, or not, and more. however, many are preparing assets to wait for this year. everyone prepare to halve, that is the real signal.

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