Great run with Bitcoin! - page 2. | Bitcointalksearch.org

Soots

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Quote from: Herbert2020 on July 26, 2018, 12:53:52 AM

Quote from: 1Referee on July 25, 2018, 07:53:44 AM

Quote from: Herbert2020 on July 25, 2018, 01:05:57 AM

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend

the "bear trend" ended about 2 months ago. you are way too late Cheesy

It all depends on the charts you're looking at. If you purely focus from last year's peak to where we are right now, you'll see a clear pattern where we constantly hit lower lows and lower highs. In order to actually jump out of this bearishly tinted down trend, we have to break $10,000 without it being a false (short lived) breakout. It's not going to be easy, but it's not impossible either. Give it time and we'll see where we go from here; don't consider the market to be out of the danger zone already.

If we dip below $6000 again, prepare for much lower levels.

the bear trend began when the drop started which was this year after at least 1 month of rise not last year where we were still rising up. and the patters has so far been with a fixed low which we hit at least 3 times and nearly the same high in $9k levels which we have tested at least 2 times and we are possibly headed there right now too.
the only problem i see with the current rise is that it is littered with ETF news so it can be affected by it greatly and that can determine the result of the current rise.

we have already dipped below $6000 multiple times and each time it couldn't last so i wouldn't worry about it that much. it is a strong support which won't be broken with no reason.

No matter what happens with the price whether a bouncy fluctuations, it doesn't give an impact to strong holders. When you knew the exact capabilities of bitcoin, it will have to reach for further potential price which will be based on it's history. With last year's run we already seen how profitable bitcoin was, so we're heading towards $9k it could have much greater potential to more than $20k. I could've predict for this year, but certainly it will in sooner time.

ShineftChaos

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Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone!

Bitcoins today is actually running good since there are people who are continuously investing and it already reached $8k dollars , this is a good sign that bitcoins will pump up again before the year ends.

starblocks

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It's definitely increased both in volume and value which indicates it may be starting a solid recovery

No decision on the ETF front until September so it may not take off further until it gets closer to then but this is a good beginning to an uptrend so far

Herbert2020

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Quote from: 1Referee on July 25, 2018, 07:53:44 AM

Quote from: Herbert2020 on July 25, 2018, 01:05:57 AM

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend

the "bear trend" ended about 2 months ago. you are way too late Cheesy

It all depends on the charts you're looking at. If you purely focus from last year's peak to where we are right now, you'll see a clear pattern where we constantly hit lower lows and lower highs. In order to actually jump out of this bearishly tinted down trend, we have to break $10,000 without it being a false (short lived) breakout. It's not going to be easy, but it's not impossible either. Give it time and we'll see where we go from here; don't consider the market to be out of the danger zone already.

If we dip below $6000 again, prepare for much lower levels.

the bear trend began when the drop started which was this year after at least 1 month of rise not last year where we were still rising up. and the patters has so far been with a fixed low which we hit at least 3 times and nearly the same high in $9k levels which we have tested at least 2 times and we are possibly headed there right now too.
the only problem i see with the current rise is that it is littered with ETF news so it can be affected by it greatly and that can determine the result of the current rise.

we have already dipped below $6000 multiple times and each time it couldn't last so i wouldn't worry about it that much. it is a strong support which won't be broken with no reason.

crzy

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Quote from: cellard on July 25, 2018, 07:27:47 PM

Quote from: Don Pedro Dinero on July 25, 2018, 05:36:30 AM

Quote from: shulio on July 25, 2018, 05:15:11 AM

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.

This. But anyone with a functional brain should pick that dip, if it happens. Bitcoin was getting oversold at below $6k, anything below $6k was a steal.

If there is a sell the news event, I expect a big short squeeze. This should get rid off all the speculators/noobs that FOMO into thinking the ETF is relevant for Bitcoin's long term success, when this happens (and once again noobs think "Bitcoin is dead") the smart money will then take advantage of the cheap prices and go all in, and the bull run will quickly resume.

Similar to this:

Exactly! if we hit another bottom again, then expect a big pump after that. News affecting the market so much, and if you see the picture stated here, big investors are always coming when we already hit the bottom. This happen all over in the past and I think this will happen again this year as everyone waiting for a good decision about that ETF.

cellard

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Quote from: Don Pedro Dinero on July 25, 2018, 05:36:30 AM

Quote from: shulio on July 25, 2018, 05:15:11 AM

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.

This. But anyone with a functional brain should pick that dip, if it happens. Bitcoin was getting oversold at below $6k, anything below $6k was a steal.

If there is a sell the news event, I expect a big short squeeze. This should get rid off all the speculators/noobs that FOMO into thinking the ETF is relevant for Bitcoin's long term success, when this happens (and once again noobs think "Bitcoin is dead") the smart money will then take advantage of the cheap prices and go all in, and the bull run will quickly resume.

Similar to this:

Bardman

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Quote from: allahabadi on July 25, 2018, 11:18:50 AM

Quote from: BrewMaster on July 25, 2018, 09:57:45 AM

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

Its great also to have some mentor in real life where you can actually ask for some advice.

whatever you do, don't look for a mentor online because there is a 99% chance that you only get someone who either will troll you or mislead you and you will end up losing money!

I sincerely agree with this.

Also none of TA and all that works here... It is the wild west, so stop trying to find reasonable formulae.

You don't know anything about TA to say it doesn't work. If you did you wouldn't say that. TA is not used to ''predict'' anything. It's used to give you an idea of what the market might do in the near future, right now for instance, bulls are really strong, consolidation is expected and volume is great, all those indicators can help you when you are making trades.

allahabadi

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Quote from: BrewMaster on July 25, 2018, 09:57:45 AM

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

Its great also to have some mentor in real life where you can actually ask for some advice.

whatever you do, don't look for a mentor online because there is a 99% chance that you only get someone who either will troll you or mislead you and you will end up losing money!

I sincerely agree with this.

Also none of TA and all that works here... It is the wild west, so stop trying to find reasonable formulae.

BrewMaster

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Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

Its great also to have some mentor in real life where you can actually ask for some advice.

whatever you do, don't look for a mentor online because there is a 99% chance that you only get someone who either will troll you or mislead you and you will end up losing money!

lablab03

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Honestly people always don't trust with bitcoin even though the value is increasing, it's because of some causes wherein although it's increasing there are some issue always occured suddenly that can cause it price to manipulate and etc , that's is the reason why people nowadays don't put trust on it even though it has a potential to increase more.

samcrypto

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Quote from: Don Pedro Dinero on July 25, 2018, 05:36:30 AM

Quote from: shulio on July 25, 2018, 05:15:11 AM

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.

I heard a news about the delay but I still positive about the market right now and if dumps again, another buying opportunity.

I understand the idea of the OP about this topic, the OP is encouraging everyone especially those panicking that you must stay focus on your goal and don’t listen to anyone trust yourself, keep on pushing yourself to the limit and you will be more profitable.

ophyrim

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Yea all the signs shows us that the trend is changing and we are at the edge of the bull run. But the real will start according to SEC's decision. If they accept BTC ETF, I am sure we are going to see new all-time high. But if they reject again. Probably we are going to see more bloody days.

Hannahanto

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The price if bitcoin slowly increasing now compare to last month this month bitcoin price is increasing high. Long time bitcoin holders would take some profit in this huge growth. Whenever the price is very low you can buy at that time whenever the price is high you can sell and earn maore profit. Now the market is little going down. Hope tomorrow it will recover and again the price starts to increase.

dothebeats

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While the overall general sentiment towards bitcoin have been very positive lately, I still don't think it's already a major trend reversal, seeing that this similar rise happened a few months ago, for two times already. While this may give us a glimmer of hope, it's still not enough to call it a strong reversal. Buying pressure has since subsided and the price is currently trading between $8100-$8300 which, I think is still not that bad but also not enough to signify a new trend being born. I'd say hold on to your pockets before buying, but any price is a good buy if you're in for the long term.

AnonBitCoiner

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Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone!

Yes .Red market is the only option to buy all the cryptocurrency.It's applicable to both bitcoin and altcoin.If you compare the price of bitcoin with last month price, it's will seems very huge raise.But if you compare the current price of bitcoin with last year.It was a huge reduction.So it will vary from where you are considering the price chart.

1Referee

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Quote from: Herbert2020 on July 25, 2018, 01:05:57 AM

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend

the "bear trend" ended about 2 months ago. you are way too late Cheesy

It all depends on the charts you're looking at. If you purely focus from last year's peak to where we are right now, you'll see a clear pattern where we constantly hit lower lows and lower highs. In order to actually jump out of this bearishly tinted down trend, we have to break $10,000 without it being a false (short lived) breakout. It's not going to be easy, but it's not impossible either. Give it time and we'll see where we go from here; don't consider the market to be out of the danger zone already.

If we dip below $6000 again, prepare for much lower levels.

Script3d

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Quote from: jaocoincrypto18 on July 25, 2018, 06:09:50 AM

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone!

In when that short run will going to happen? If $10,000 mark will be hit by 4th quarter then that will be the time i will be convince that there is really a great run and honestly i still doubt it because i'm afraid that this is might be big whales trap that once Bitcoin will become expensive it will suddenly to drop again so i think lets just wait and see for more couple of months before we conclude.

its not surprising for them to do it, their only goal is to make money and more money if they see they can make money with it they will do it. i hope they will wait a bit more before dropping their bombs again.

jaocoincrypto18

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Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone!

In when that short run will going to happen? If $10,000 mark will be hit by 4th quarter then that will be the time i will be convince that there is really a great run and honestly i still doubt it because i'm afraid that this is might be big whales trap that once Bitcoin will become expensive it will suddenly to drop again so i think lets just wait and see for more couple of months before we conclude.

Kemarit

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Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

This is what we are all leaning at. For bitcoin to reach at least $10K. That price is really a huge barrier, if I remember it correctly, we did attempt like 3 times around April-May to at least breach it, but we didn't and the next thing we know the price started to declined again. If investors are still buying because of the ETF news then we probably going to see it before SEC handled down their decision.

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Well, its no secret that we shouldn't panic when the market turns red and look at the bright side of it. Its another perfect opportunity to get in because the price is cheap and at a discount. So good for you and your patience have paid off.

Quote from: 2weent6 on July 24, 2018, 07:59:58 PM

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone!

As a trader, its going to be a long process, a journey for all of us. Everyday we should learn at least 1 trick and put that in the bag. And sooner or later as you gain experienced, if will make your trading life much easier and make you a lot of money.

Don Pedro Dinero

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Quote from: shulio on July 25, 2018, 05:15:11 AM

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.

Topic: Great run with Bitcoin! - page 2. (Read 385 times)