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Topic: Has BTC started the upward move? How high will it jump - page 2. (Read 478 times)

member
Activity: 154
Merit: 11
AICoin-Leader of Global Cryptocurrency Tickers APP
I can see bitcoin price has started to pump again I think this year will close with the next big thing in the history of bitcoin appreciation, The last time I check bitcoin value reach $15500 from almost reaching $10000 last few days ago, I think bitcoin is now ready hit again. I'm glad I keep on trusting and believing in bitcoin I pray that 2018 will start with a good price for all crypto holders.
As one of the BTC holders, I can't agree with you more.
member
Activity: 154
Merit: 11
AICoin-Leader of Global Cryptocurrency Tickers APP
currently we are in the holiday season and that may take out a lot of volume out of the market and that works both ways for going either up or down. so i guess we may continue seeing the same thing that happened over past week to happen for a longer time. possibly even until the end of the year and then in a month we can see a new ATH and the bull market restart.
Maybe a new ATH is on the way, just check out how price performs.
member
Activity: 154
Merit: 11
AICoin-Leader of Global Cryptocurrency Tickers APP
It seems that it still want to go up, and maybe that is the best thing that it could do. I am waiting until it touches $20k again so i can sell all my bitcoins, so i can buy again on the DIP, lmao, i am just very anxius.

20K? You mean only when price breaks the previous all-time high that you will believe the upward move has started? Don't you think it may be a little bit too late?
member
Activity: 154
Merit: 11
AICoin-Leader of Global Cryptocurrency Tickers APP
Bitstamp and Bitfinex prices are close together... this is a good sign of stability.
Upwards push will hopefully get us back to 15k soon and hopefully keep us on a nice steady slow rise.

Looking at the past I would expect another possible drop to 10k before full recovery. However we cannot predict Bitcoin Smiley
We're back at $15,000.
member
Activity: 154
Merit: 11
AICoin-Leader of Global Cryptocurrency Tickers APP
It seems that it want to start rising again, but the real problem is that no one knows what is really happening with the price right now, it is so quiet, and it goes up, it will take a few minutes or even hours and it will start going down again, it is pretty unstable at the moment.

You're right, it takes 1 hour for it to move above $15,000 from 11:30 - 12:30 GMT+8
member
Activity: 154
Merit: 11
AICoin-Leader of Global Cryptocurrency Tickers APP
Yesterday,the bitcoin price was 13180 USD.Now, it`s 14420 USD.Almost 1000 dollars for 24 hours is a pretty good "upward move".I don`t wanna make predictions ,but all the FUD and negative news can`t stop the bitcoin recovery.By the way,your didn`t post any analysis about the major altcoins,like you did in your previous posts.Why?Perhaps you realized  that the only cryptocurrency that matters is btc. Grin
Well, I do post analysis about other major coins on our Twitter @AICoincom, but we think it will be just too long for this forum, you wanna see the full version?
legendary
Activity: 1386
Merit: 1058
It seems that it want to start rising again, but the real problem is that no one knows what is really happening with the price right now, it is so quiet, and it goes up, it will take a few minutes or even hours and it will start going down again, it is pretty unstable at the moment.
That is what usually happens after a huge correction, it is always followed by uncertainty and traders will be waiting for a clear signal to get back in. For now, we may just be seeing traders who are just shorting which are even very risky at the moment.

What we will see now is going to be some swift few percentage increases and decrease for some days until we see a clear winner and a better signal to get back in, but for now, we should still expect the uncertainty and doubt.
full member
Activity: 266
Merit: 122
I can see bitcoin price has started to pump again I think this year will close with the next big thing in the history of bitcoin appreciation, The last time I check bitcoin value reach $15500 from almost reaching $10000 last few days ago, I think bitcoin is now ready hit again. I'm glad I keep on trusting and believing in bitcoin I pray that 2018 will start with a good price for all crypto holders.
sr. member
Activity: 433
Merit: 251
full member
Activity: 168
Merit: 120
Not yet for me, the start of the upward movement of bitcoin if it reaches its last high achieved price in the previous days which is 19,000 US dollar. Although we are moving in the positive end because the Bitcoin is been consistent although it is not rising high yet well at least it has not come down as compared to it price down in the last days.
member
Activity: 70
Merit: 21
I see the triangle pattern in the stock market, as well as relatively low volumes (which makes sense, given the holidays).

I actually believed that there would be a breakout, and so decided to allocate more funds at mid 14ks, because I thought this could be a solid breakout.

Obviously, I don't know if it's a fake or not. We'll see. I just like the trend that I am seeing, along with intuition.
hero member
Activity: 672
Merit: 526
I do not think that has started. I think will go down a little more. We will only see the price hit 20k in the middle of January. Need way more volume than that has today. The only way it will be if alts crash again.
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
I'll wait for the 50/200 DMA crossover to resolve itself first
legendary
Activity: 3472
Merit: 10611
currently we are in the holiday season and that may take out a lot of volume out of the market and that works both ways for going either up or down. so i guess we may continue seeing the same thing that happened over past week to happen for a longer time. possibly even until the end of the year and then in a month we can see a new ATH and the bull market restart.
legendary
Activity: 1652
Merit: 1265
Bitstamp and Bitfinex prices are close together... this is a good sign of stability.
Upwards push will hopefully get us back to 15k soon and hopefully keep us on a nice steady slow rise.

Looking at the past I would expect another possible drop to 10k before full recovery. However we cannot predict Bitcoin Smiley
full member
Activity: 266
Merit: 110
TBH, $14K is still not a cheap price.
Not surprised if BTC falls back to $10K in the coming days and form some strong support around that area before bouncing off again.
sr. member
Activity: 448
Merit: 250
I think it will not be easy because I notice the end of this bitcoin price is just up and down but not too high just in the range of 13.000USD to 14.000USD and this is a low number after the bitcoin price yesterday reached 19.000USD

It wasn't $19000 by yesterday, that price was on Monday when it touched the all time high, more than five days ago, even six.

And the price has been much more lower than $13000, have you been in holidays? It seems that you are a little bit outdated about what is really happening on the market at the moment.

I think that bitcoin will be stable, at least for this week, just remember that we are on holidays and there isn't much volume on the exchanges.

full member
Activity: 182
Merit: 100
I think it will not be easy because I notice the end of this bitcoin price is just up and down but not too high just in the range of 12.000USD to 14.000USD and this is a low number after the bitcoin price yesterday reached 19.000USD. so I think if bitcoin wants to start stepping they should be able to get back at the highest price.
full member
Activity: 220
Merit: 100
It seems that it still want to go up, and maybe that is the best thing that it could do. I am waiting until it touches $20k again so i can sell all my bitcoins, so i can buy again on the DIP, lmao, i am just very anxius.
hero member
Activity: 2086
Merit: 994
Cats on Mars
Bitcoin has 2 directions either to rise or to move upward and take the long trajectory to the moon  Wink

The upward movement has started and it seems that we would be seeing some 16k price during the new Year. The fall seems to be over and correction which was suppose to take place is now done. So possible that it can stabilized at this level and move slowly upwards and from 2018 the upwards movement might start back again.

No, there's no upward movement whatsoever. What we're seeing now is called fluctuation, the price has been going up and down like it always does. There's only been a 4% increase in the price over the last 24h, that's hardly an upward movement.

And I'm glad we're seeing such minimal increases, rather than a sudden spike in the price. For me, a gradual increase would mean that Bitcoin is having a healthy recovery after the correction.
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