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Topic: Here we go (Read 1871 times)

sr. member
Activity: 518
Merit: 250
June 06, 2017, 08:13:43 PM
#37
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
legendary
Activity: 1232
Merit: 1091
June 06, 2017, 02:06:49 PM
#36
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....
legendary
Activity: 1554
Merit: 1054
June 06, 2017, 12:42:22 PM
#35
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.
The price wont crash as you predict,but the growth will sustain for some time but that wont be the case with all the alt coins and if there is a fall all the alt coins will bear the hit,lets see how long this rally continue until we see another minor correction because that is how the market works for the past few months.
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.
newbie
Activity: 56
Merit: 0
June 06, 2017, 08:28:04 AM
#34
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$ Wink
the price rises with the uptrend bitcoin downloads and correction of wave impulse is turning into an uptrend, so that we can get through the downturn while the pad eventually up again, I hope the prices ascending as expectations continue bitcoin us all at the end of this month reached $3500
full member
Activity: 266
Merit: 103
June 06, 2017, 07:15:12 AM
#33
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.
The price wont crash as you predict,but the growth will sustain for some time but that wont be the case with all the alt coins and if there is a fall all the alt coins will bear the hit,lets see how long this rally continue until we see another minor correction because that is how the market works for the past few months.

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.
full member
Activity: 207
Merit: 100
June 06, 2017, 07:13:41 AM
#32
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.
The price wont crash as you predict,but the growth will sustain for some time but that wont be the case with all the alt coins and if there is a fall all the alt coins will bear the hit,lets see how long this rally continue until we see another minor correction because that is how the market works for the past few months.
full member
Activity: 266
Merit: 103
June 06, 2017, 07:03:04 AM
#31
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.
legendary
Activity: 1288
Merit: 1000
June 06, 2017, 06:27:05 AM
#30
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.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
June 06, 2017, 05:52:59 AM
#29
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$ Wink
In the past week other than very few altcoins most cryptocurrency were in the dip and bitcoin too underwent correction and now everything has started to move with right phase from the beginning of the week. As a part we're nearing $3000. So as mentioned we will be sustaining above certain good value rather than moving down below $2000.
hero member
Activity: 1666
Merit: 753
June 06, 2017, 04:12:22 AM
#28
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.
sr. member
Activity: 364
Merit: 250
June 06, 2017, 03:55:52 AM
#27
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
hero member
Activity: 924
Merit: 1001
June 06, 2017, 03:31:20 AM
#26
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$ Wink
legendary
Activity: 1176
Merit: 1010
Borsche
June 05, 2017, 11:30:39 PM
#25
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.

OOpsie.
sr. member
Activity: 378
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
May 28, 2017, 10:04:15 AM
#24
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.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
May 28, 2017, 08:03:21 AM
#23
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.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
May 28, 2017, 07:33:35 AM
#22
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.
hero member
Activity: 1176
Merit: 501
May 28, 2017, 07:31:12 AM
#21
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.
hero member
Activity: 1470
Merit: 655
May 28, 2017, 07:26:47 AM
#20
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 Wink

right now $2200...
legendary
Activity: 3038
Merit: 1169
May 28, 2017, 07:21:49 AM
#19
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!
hero member
Activity: 700
Merit: 500
May 28, 2017, 06:23:24 AM
#18
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.
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