How Long Bitcoin Will Bullish - page 5.

xtimus

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Quote from: poplolnman on August 14, 2017, 02:12:52 PM

Quote from: bamboylee on August 14, 2017, 01:50:51 PM

This going to be a long bullish trend. There are a lot of good things happening to bitcoin and the hype from the previous events have not died yet. The price may still go up until the next month or maybe more. But always be prepare for the correction phase because bitcoin always get there when you least expect it.

we would always expect a long bullish period . just becareful when the correction really happened, it could even dropped to the lowest ever. just like what happened few years ago when the price dropped more than 50% and people start suffering a very huge loss. high risk high rewards , that is the principle , you should be responsible to every single consequences.

That wasn't a correction alone. It was Mt Gox.

poplolnman

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Quote from: bamboylee on August 14, 2017, 01:50:51 PM

This going to be a long bullish trend. There are a lot of good things happening to bitcoin and the hype from the previous events have not died yet. The price may still go up until the next month or maybe more. But always be prepare for the correction phase because bitcoin always get there when you least expect it.

we would always expect a long bullish period . just becareful when the correction really happened, it could even dropped to the lowest ever. just like what happened few years ago when the price dropped more than 50% and people start suffering a very huge loss. high risk high rewards , that is the principle , you should be responsible to every single consequences.

chaser15

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Quote from: BlockHazard on August 14, 2017, 04:35:02 AM

Now... this year 2017 is a reflection of 2013... Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?

This kind of question always popped up, just take the ride since no one knows when this bullish trend will stop. Just think of it, after the tremendous negative speculations during August 1st, still bitcoin wins the game and now experiencing a strong pump. The support really getting stronger since we are not in the current price like this if there's no decent amount $$$$$ will be injected in the bitcoin market.

Enjoy the ride and stop worrying. If ever a crashed will happened like up to $1,000, its still not enough to called it as a crash.

Jombrangs

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I think bitcoin will stop bullishing when demands of bitcoin is stop

bamboylee

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This going to be a long bullish trend. There are a lot of good things happening to bitcoin and the hype from the previous events have not died yet. The price may still go up until the next month or maybe more. But always be prepare for the correction phase because bitcoin always get there when you least expect it.

darkangel11

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Quote from: ?? on ??

Bitcoin is becoming more and more well known in the mainstream investment circles. I don't think we can use previous trends as a reliable prediction of the future.

That's what all traders are using to predict future price.
Do you know why all the patterns in trading theory work and appear again and again? Because people are studying them, looking for similarities and acting according to them.
In other words trading theory proves to work because people believe in it and want it to work. If they start predicting a crash it will happen.

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Quote from: glowing10 on August 14, 2017, 01:07:39 PM

Quote from: nexus99 on August 14, 2017, 08:43:41 AM

I hope we are all able to enjoy the bullish trend for quite a while. At the moment there is nothing indicating that it will drop dramatically, but then one can never be sure

We all know that Bitcoin price is very unpredictable and it swings 500$ up and down in a day . So if it falls whitjin couple of days it can go back to 3k and many will loose thier capital in such scenarios . But for now it's moving towards it next support of 5k.

Any worst situation on cryptocurrency market can happening, so have some strategies to deal with them very important, maybe important than how to earning more profit when trading because do that helps you keep safe your funds + opportunity earning profit.

megatrend66

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I think there is lot of room for growth.

However, Bitcoin is not the optimal investment vehicle in crypto land.

glowing10

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Quote from: nexus99 on August 14, 2017, 08:43:41 AM

I hope we are all able to enjoy the bullish trend for quite a while. At the moment there is nothing indicating that it will drop dramatically, but then one can never be sure

We all know that Bitcoin price is very unpredictable and it swings 500$ up and down in a day . So if it falls whitjin couple of days it can go back to 3k and many will loose thier capital in such scenarios . But for now it's moving towards it next support of 5k.

LFC_Bitcoin

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Nobody can answer this question, everything points towards bitcoin growing & becoming more powerful. Mainstream adoption will increase, institutional investors will come in. Everything is uber positive, bitcoin is going nowhere

We won't see epic dumps ever again like we did due to MtGox. Sure there will be corrections but bitcoin is starting to clench its fists in the world of finance.

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Quote from: seattletu on August 14, 2017, 12:52:10 PM

The rapid recuperation after each real retracement since the start of 2017 is a wonder that has presented some uniqueness in the trend pattern of the Bitcoin showcase.

According to me Bitcoin will hit $10000 mark in few months for sure.So watch out for it guys.

Really optimistic and unreal forecast

It looks like you saw latest uptrend wave on bitcoin price chart and start to imagine continious trend. But that is not how things turn on crypto world.

BlockHazard

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Quote from: mk4 on August 14, 2017, 05:40:08 AM

Quote from: NathanJB on August 14, 2017, 05:22:06 AM

Quote from: BlockHazard on August 14, 2017, 04:35:02 AM

Now... this year 2017 is a reflection of 2013... Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?

There will be a huge one during the 2017-2018 transition. I seriously believe that. It has been the pattern when a year ends and another approaches. The bullish run of Bitcoin is happening much earlier though. I was not expecting BTC to reach as high as $4000 plus this August.

I'm not saying that a huge correction will not happen during the 2017 to 2018 transition, but it definitely hasn't been the pattern for the past years (look at graph below). It only happened once, which was during mid January of 2017. No one really knows. It might happen next week, next month, next year. It's really just very unpredictable.

But personally, I think the correction won't take long as next year. I think it will happen in less than 3 months, since also like you said, bitcoin grew too much in price this month and last month. Then again, that's only my guess.

https://i.imgur.com/wojxl7k.png

Yup.. Correction must exist.. why? Because, if there is a rise there must be down.. natural law. nobody knows... Yes .. honestly, I strongly believe that Bitcoin prices will continue to rise, but I also have to believe that the high price will be a very drastic decline. Because not everyone who entered the market will have the same stance. Bitcoin is the best Investment, I am convinced that bitcoin is a medium-term investment.

Akash1243

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I think it can reach till $5000 to $6000 this year.Well those who had bought Bitcoin when it was around $2000 will be very happy that they had hold their Bitcoin.But we can really never can predict ups and downs it may go up to $8000 or go down to $3500.

seattletu

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The rapid recuperation after each real retracement since the start of 2017 is a wonder that has presented some uniqueness in the trend pattern of the Bitcoin showcase.

According to me Bitcoin will hit $10000 mark in few months for sure.So watch out for it guys.

BlockHazard

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Quote from: anon4250158 on August 14, 2017, 04:57:56 AM

I'm personally hoping it will go down again soon so I can pick some more up. $4100 is too high for me right now so I'll be waiting. I'm guessing by the end of August it will have peaked and be ready for a correction.

Yeah I'm too... so get ready for the correction. but If we see the adoption explode, we will never see the low price again dude. keep watching and be safe..

BlockHazard

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Quote from: Cryptocoinsmania.com on August 14, 2017, 04:43:40 AM

This can stay for a very long time. It seems that bitcoin price doesn't think about getting stable or drop. Enjoy the ride!

yep... the better choice is to enjoy the way..

Bitforking

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Quote from: MMysterious on August 14, 2017, 08:49:08 AM

I think after Bitcoin price spike now it will dump back and hopefully some coins would recover when it dumps. But currently it will still increase and maybe it will go farther more until the next month.

I can almost see $5000 on the horizen.

DAO's fall, Bitcoin's GAIN!

MMysterious

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I think after Bitcoin price spike now it will dump back and hopefully some coins would recover when it dumps. But currently it will still increase and maybe it will go farther more until the next month.

nexus99

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I hope we are all able to enjoy the bullish trend for quite a while. At the moment there is nothing indicating that it will drop dramatically, but then one can never be sure

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Quote from: carlfebz2 on August 14, 2017, 04:36:51 AM

Quote from: BlockHazard on August 14, 2017, 04:35:02 AM

Now... this year 2017 is a reflection of 2013... Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?

Enjoy the bullish trend but remember not to enter or buying bitcoin into peak prices since anytime there would really be correction which do commonly happen on bitcoins price. As of now price surges up going for 4500 In my own view and still cant be sure The thing here is that those who invested on bitcoin back on those 1800 price will surely enjoy the profits as of now.

Yeah only that's we can do, just enjoying bullish trend because this is the chance for us to earn profit. Indeed many know that just holding bitcoin for a long period of time can give you an advantage but I think it is easier to get a profit when the bullish trend is coming.

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