Topic: Is Bitcoin about to see a strong upward move - Analyst - page 2. (Read 514 times)
Starting from January the price movement of Bitcoin has been steadily acquiring new high records for the year 2020 but at the current situation, there is a sudden fall in its price. Still, this could be an indication for a bullish run this year as the price of Bitcoin falls down due to the one last correction this year.
Yes ofc I do think that you don't need to be an analyst to see the whole bull move coming up when the Halving is already approaching us so soon and at the same time one can confirm the surge using the prices of Bitcoins , how it's changing .
It's been years since we saw that much growth that might give us a good price by the end of the day, the potential of bitcoins is blooming .
One should start stalking up the bitcoins if they haven't started yet .
It's been years since we saw that much growth that might give us a good price by the end of the day, the potential of bitcoins is blooming .
One should start stalking up the bitcoins if they haven't started yet .
Of course, nowadays there will be more bull calls, bitcoin has made a huge leap and everyone thinks now is a great time to buy and everyone suggests a buy call, however reality is not that simple, sure bitcoin could still go up and that possibility is on the table right now, to be so much hyped about bitcoin could however turn out to be hurtful for some investors.
I understand that people like to look at the future and that is a good thing in finances most of the time, however when it comes to products that already increased in the price, you usually do not expect another increase, you expect it to stay the same or even go down to satisfied the markets needs and expectations. All I am trying to say is that, do not expect bitcoin to go up, be happy if it does, but do not be sad if it doesn't.
I understand that people like to look at the future and that is a good thing in finances most of the time, however when it comes to products that already increased in the price, you usually do not expect another increase, you expect it to stay the same or even go down to satisfied the markets needs and expectations. All I am trying to say is that, do not expect bitcoin to go up, be happy if it does, but do not be sad if it doesn't.
Didn't we already felt the upward move from the past couple of days or weeks?
But I guess there is nothing wrong to expect another one since we are having a halving this year and there could still be much more to expect before this year ends.
The price of crypto is too hard to predict we couldn't tell what could happen tomorrow.
I do not believe in opinions of self proclaimed analysts in the internet because it is just mere opinions, I only believe and follow my own analysis. There is a strong upward move that happened in this past days but still the RSI of bitcoin is not yet overbought. Those strong upward move are most likely happen above RSI 70 which is not yet happening. I expect that it will happen in this month after the current pullback. But I guess there is nothing wrong to expect another one since we are having a halving this year and there could still be much more to expect before this year ends.
The price of crypto is too hard to predict we couldn't tell what could happen tomorrow.
Didn't we already felt the upward move from the past couple of days or weeks?
But I guess there is nothing wrong to expect another one since we are having a halving this year and there could still be much more to expect before this year ends.
The price of crypto is too hard to predict we couldn't tell what could happen tomorrow.
But I guess there is nothing wrong to expect another one since we are having a halving this year and there could still be much more to expect before this year ends.
The price of crypto is too hard to predict we couldn't tell what could happen tomorrow.
What is with $10,500+?
I have seen one thread also which almost have the same number.
Are you following the same man/analyst? (as you call them)
It will get out of that number and more. No doubt about that. This might be just movements to make people panic.
I have seen one thread also which almost have the same number.
Are you following the same man/analyst? (as you call them)
It will get out of that number and more. No doubt about that. This might be just movements to make people panic.
The price has been climbing seriously. I am not the type that checks price regularly, but I checked around last two weeks or so and the price was around $9000 and then I checked after some days and was surprised when I saw that the price climbed up to $10,000+ and reached $10,500 and still going. And yes it did drop back to $10,200 but still did a rebound to $10,300.
The way I am seeing it, it’s likely that we might see another bull run that is far much bigger than the last one we had. The bulls are defending the price aggressively, and this shows that the bears has been defeated.
The way I am seeing it, it’s likely that we might see another bull run that is far much bigger than the last one we had. The bulls are defending the price aggressively, and this shows that the bears has been defeated.
Not really. A strong upward move from $8k to $10k does not necessarily mean that more levels of increase is already confirmed. Lots of resistance levels are still along the way so it wouldn't surprise me much if we go back to 8k any time soon. While the trading volume on exchanges rose significantly, the question is how would the momentum pan out in the long run, or even until the halving arrives?
Kek, more resistance levels to break. It's like every time BTC breaks something that analysts say it must break to achieve a bull run, they then say afterward that, "nope, there's one more level to breakthrough". Sides, a strong upward move? Isn't the fact that after only a single month, BTC has already moved up from $7k to $10k?
It's kinda amusing how you seem to attach power levels to buyers and sellers in various countries lmao. No single group or what could possibly determine the market price of BTC. Hell, if it were like that, then the system Satoshi thought up of would have never seen this much attention in just a decade.
It's kinda amusing how you seem to attach power levels to buyers and sellers in various countries lmao. No single group or what could possibly determine the market price of BTC. Hell, if it were like that, then the system Satoshi thought up of would have never seen this much attention in just a decade.
Bitcoin has continued pushing past the heavy resistance it has been navigating through over the past few days, with BTC’s recent break above $10,000 allowing it to slowly grind higher as many major altcoins begin building major momentum.
The demand on bitcoin as of now is continuously rising because of the event that is coming this April-May which is the halving. They are now trying to invest on bitcoin and hold it until the halving takes effect. They know that there is a higher chance that the money that they have invested will become doubled or tripled when that time comes. 
The way Bitcoin price chart looks now, all is pointing to a massive bull run unless anything changes in the next few weeks. The halving will also drive attention which will be additional support for the bull run to take effect
Is Bitcoin about to see a strong upward move
Price of Bitcoin is increasing for straight two months from $6600 to $10300. That is a 56% price increase. This for me is a strong upward move already happened. We are closer to a correction right now then to a two more months of a bull market.
It is too early to draw any conclusions about the growth of bitcoin. There are no obvious prerequisites for this movement. Moreover, I'm sure that those who “know what is happening” with the market don't know much more than most people do.
So the author of this article thinks that the market is basically a war? 
If there was really a battle between buyers and sellers,then nobody would buy and sell and the market will be dead.
Lol. The quality of this analysis might have something to do with this: If there was really a battle between buyers and sellers,then nobody would buy and sell and the market will be dead.Source: Reddit article
Anyway, I'd say this is probably old news at this point because bitcoin seems to be on the runway just waiting to take off--and there's already been a "strong upward move". The only question I have is how high it's going to go and how long it'll continue. The best time to have been buying bitcoin was when it was crashing below $7k, but I'd also say that now wouldn't be a bad time either--you just might not make as much profit, but you'll still make a profit anyway.
Yes, the market looks very encouraging again but I'll not celebrate too early now. I like what's happening but we need not to let our emotions pull us down. The known quote of Warren Buffett is applicable in these days because everyone is starting to predict higher positions.
If that's the case, telling that we're entering a "long term" bull run. Nobody knows how long the bull run will stay and this won't guarantee the new comers to have exact and good position as we have.
If that's the case, telling that we're entering a "long term" bull run. Nobody knows how long the bull run will stay and this won't guarantee the new comers to have exact and good position as we have.
I think fluctuations are mainly caused by the whales, we shouldn't forget that a few people hold a large portion of the existing BTC... these guys move the market...
We are always looking for natural reasons but most times I think the movement is determined by whales (large old time miners)
We are always looking for natural reasons but most times I think the movement is determined by whales (large old time miners)
We have already seen a great increase upwards and I don't doubt that same could still happen a little bit more. When the price is going up, people always call for a bear run because they are either afraid that the good days of bull will run out and that will result with them going down and losing money (people can't believe making profits most of them time) or they simply missed the opportunity of making profits so they are wishing the price would go down and no one else makes profit as well.
Remember just last April? We have moved from freaking $3.5k to $13.8k, it didn't went down during those times, why would it go down now? It won't. Of course, there is always a chance of price going down but that doesn't mean that it has to, it is just one side of the possibility, we should focus on the other side.
Remember just last April? We have moved from freaking $3.5k to $13.8k, it didn't went down during those times, why would it go down now? It won't. Of course, there is always a chance of price going down but that doesn't mean that it has to, it is just one side of the possibility, we should focus on the other side.
woowww , a very good analysis , who determines this surge ? america , china , Because of the war in the Middle East, people are looking for a safe haven for their money, I think bitcoin is secure enough, I think you saw the price increase in Iran, Can I say fluctuations are for these?
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as the ongoing battle between buyers and sellers is likely to result in another major movement.
Battle between buyers and sellers?!?This is funny.So the author of this article thinks that the market is basically a war?
If there was really a battle between buyers and sellers,then nobody would buy and sell and the market will be dead.This analysis looks pretty incompetent,if you ask me.I hope that bitcoin will face a strong and stable upward price movement,but I won't sit all day in front of the charts praying for the chart line to move up,because it will signal some big long term price increase. People are writing comments that are just unbelivable. How could there be ware between buyers and sellers, such opinion just shows basic ignorance about regulations in the market and what are its main principles.
No matter the current positive trends I don't expect to see some high and sharp price rise, it's more likely that price will continue to fluctuate and some corrections are possible too.
We have already seen a great increase upwards and I don't doubt that same could still happen a little bit more. When the price is going up, people always call for a bear run because they are either afraid that the good days of bull will run out and that will result with them going down and losing money (people can't believe making profits most of them time) or they simply missed the opportunity of making profits so they are wishing the price would go down and no one else makes profit as well.
Remember just last April? We have moved from freaking $3.5k to $13.8k, it didn't went down during those times, why would it go down now? It won't. Of course, there is always a chance of price going down but that doesn't mean that it has to, it is just one side of the possibility, we should focus on the other side.
Remember just last April? We have moved from freaking $3.5k to $13.8k, it didn't went down during those times, why would it go down now? It won't. Of course, there is always a chance of price going down but that doesn't mean that it has to, it is just one side of the possibility, we should focus on the other side.
Quote
as the ongoing battle between buyers and sellers is likely to result in another major movement.
Battle between buyers and sellers?!?This is funny.So the author of this article thinks that the market is basically a war?
If there was really a battle between buyers and sellers,then nobody would buy and sell and the market will be dead.This analysis looks pretty incompetent,if you ask me.I hope that bitcoin will face a strong and stable upward price movement,but I won't sit all day in front of the charts praying for the chart line to move up,because it will signal some big long term price increase. Perhaps it is the war of those who want to achieve a power of 200 billion dollars.
Who has bitcoin power ? China ? America ? Roosevelt ?
who will be the winner in a war of whales
I think bitcoin is the weapon of the future
Didn't you like an my article?
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