Too soon to know if this is just a rebound or if the price will stabilize now. I would bet for the second option. A new rise in price to reach $3000 its impossible right now after this last strong correction, investors need to feel confident that it will not happen again.
me with your opinions because bitcoin will experience a price increase reached $3000 later this month, and I am sure the price will be stable after rising bitcoin this time, so will be making its own advantages for the user 
Topic: Here we go (Read 1861 times)
I guess that correction has already happened from $2933 to ~$2740 and might be dead cat is jumping just before correction continues. I too expect prices to stabilize some where between $2500 to $2800 for some short period of time before finding another strong rally toward $4000/$5000 levels.
It's not a correction, and also not a starting correction. If you look closely, it's just traders cashing out some profits, where after that the price will continue to go up. Demand is simply too strong to fall back to the extent of it being a correction. I think that the chances are over 90% that we'll touch the $3000 level for the first time ever, this week. I just wonder if we do happen to touch $3000 this week, or later, how long we can maintain that level....
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Liftoff commencing, followed by a swift engine failure and then a plummet from 500,000ft. This is gonna create a bubble. Peak will be $4k-$5k, or at least that's my prediction.Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
I think it's going to be a bumpy ride for a while. There will be ups and downs most likely for a while before the price stabilizes.
Market is very volatile for current week. You can see strong support line at 1900$ which will not let price to go down from this level. Bitcoin price is rising with weekly uptrend and correction waves already changed it's impuls to uptrend. IMO we passed temporary decline during uptrend.Fingers crossed for 3000$
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Liftoff commencing, followed by a swift engine failure and then a plummet from 500,000ft. This is gonna create a bubble. Peak will be $4k-$5k, or at least that's my prediction.Why do you predict this despite the fact that Bitcoin is exhibiting similar movement to what it has done before it has crashed many times in the past? It always does, over and over again.
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Liftoff commencing, followed by a swift engine failure and then a plummet from 500,000ft. This is gonna create a bubble. Peak will be $4k-$5k, or at least that's my prediction.Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Liftoff commencing, followed by a swift engine failure and then a plummet from 500,000ft. This is gonna create a bubble. Peak will be $4k-$5k, or at least that's my prediction.
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Weak hands are never really out of the game. Some investors will always sell at ATH, that is the nature of the market.Price of bitcoin is higher than ever, we need to be ready for higher spikes as well. $100 daily is not that much, considering that bitcoin is closing fast to $3000.
It is not the sign of a bubble, it is standard market evolution.
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
I think it's going to be a bumpy ride for a while. There will be ups and downs most likely for a while before the price stabilizes.
Market is very volatile for current week. You can see strong support line at 1900$ which will not let price to go down from this level. Bitcoin price is rising with weekly uptrend and correction waves already changed it's impuls to uptrend. IMO we passed temporary decline during uptrend.Fingers crossed for 3000$
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Yes and it would seem that Bitcoin will start to board on a rocket. Based from the recent price of bitcoin, it surpasses the all time high reached by bitcoin last May 25, 2017. So I guess this means that Bitcoin is on route to the moon. A nice news for all bitcoin investors that seek profits from bitcoin and not to mention all if bitcoin users.
Reference for the price: https://coinmarketcap.com/currencies/bitcoin/#charts
Don't get too excited mate. Sometimes too much of pumping in a short period of time isn't necessarily for the good of anyone in the bitcoin industry. It's a good short term income for everyone, sure. But it simply does not make bitcoin better. It does not reduce the transaction fees which are skyrocketing, but in fact increases it. Nor does it unite anyone over the looming issues of forking.
It's probably going to go down real soon from this point.
Honestly I can't see it going up by $100 every singel day. Just crazy stuff.
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Yes and it would seem that Bitcoin will start to board on a rocket. Based from the recent price of bitcoin, it surpasses the all time high reached by bitcoin last May 25, 2017. So I guess this means that Bitcoin is on route to the moon. A nice news for all bitcoin investors that seek profits from bitcoin and not to mention all if bitcoin users.
Reference for the price: https://coinmarketcap.com/currencies/bitcoin/#charts
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
I think it's going to be a bumpy ride for a while. There will be ups and downs most likely for a while before the price stabilizes.
Market is very volatile for current week. You can see strong support line at 1900$ which will not let price to go down from this level. Bitcoin price is rising with weekly uptrend and correction waves already changed it's impuls to uptrend. IMO we passed temporary decline during uptrend.Fingers crossed for 3000$
I doubt that very much.
Based solely on TA we will see a small recovery and another big dump that would take us to 1500-1700.
Selling during this small recovery seems a smart move.
Based solely on TA we will see a small recovery and another big dump that would take us to 1500-1700.
Selling during this small recovery seems a smart move.
OOpsie.
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
I think it's going to be a bumpy ride for a while. There will be ups and downs most likely for a while before the price stabilizes.
Al tough that recent correction of price from was legendary high he overall trend is still bullish.
There is strong support at $1900 and we see that price will soon climb back and reach $2200.
Nothing to worry about, BTC is strong and next price race will probably create yet another crazy ATH.
There is strong support at $1900 and we see that price will soon climb back and reach $2200.
Nothing to worry about, BTC is strong and next price race will probably create yet another crazy ATH.
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Well we will really see if the price of bitcoin would reach the unexpected again? and I would surely wait for bitcoin to reach up to $3000 dollar I hope it really would this time, and because the price didn't let go with the $2000 value mark, I think that it would really go straight up this time, and if there are no resistance anymore because of the unexpected selling and converting of most people that is why the price fall back!
As expected price would really get back to its natural rythm and red state unto it is just a little reminder that we need to be more carefull and look for its burst, To kucky for those people who bought from bad dip on past days but still we are lucky since our profits will risen up again if we exchange our btc into fiat.
3000$ price is truly visible at this point since the expectation of btc legacy is continously rising at this point.
Too soon to know if this is just a rebound or if the price will stabilize now. I would bet for the second option. A new rise in price to reach $3000 its impossible right now after this last strong correction, investors need to feel confident that it will not happen again.
If your trading bitcoin like I was, your balls are quite literally in your throat, but I hodl ! It was a rough ride
it doesn't have to be like that!
you have to pick a good timing, that's all. for example before this when price was rising it was a good idea to get in fast and as we got past $2500 you should have started looking for exit price and then sold somewhere near the top.
again when it dropped you should have made sure to buy below $2000 preferably at the bottom, but we don't always get what we want. so even buying at $1900 meant a big profit with nothing happening to your balls position
right now $2200...
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Well we will really see if the price of bitcoin would reach the unexpected again? and I would surely wait for bitcoin to reach up to $3000 dollar I hope it really would this time, and because the price didn't let go with the $2000 value mark, I think that it would really go straight up this time, and if there are no resistance anymore because of the unexpected selling and converting of most people that is why the price fall back!
Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
You must be right. We are back on track. I too could not find any proper reasons for recent down fall. But this is not first time, we are facing such sudden down fall with bitcoin trading. Volatility is always big part of bitcoin trading, and being a common man I have not got panic nor not losing any faith toward bitcoins. I just make of use that down fall and bought few more bitcoins. I guess we are now heading to $5000. I am very much confident, it may happen any time in June. Jump to: