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Topic: Is Bitcoin rebounding? (Read 769 times)

full member
Activity: 1064
Merit: 112
July 19, 2021, 07:42:04 AM
#71
We are now  in the Bear marke.Because The Fed is expected to raise interest rates, and Chinese government continues to bun the exchanges.Bitcoin recover need a long time.
  its done bro so move on, for me probably the real reason of ups and down nowadays is because of being lack of support reason why it always fluctuate back when it show a small progress. And also for sure mostly traders as well is dumping just to have a small profits despite of the situation which is another reason why bitcoin growth rate cannot exceeding. For me if this will continue to happen, accept the fact that before this month end it will continue to show up and down constantly because of some bad activities when bitcoin is slowly going up.
jr. member
Activity: 39
Merit: 1
July 19, 2021, 06:44:56 AM
#70
Yes, it is showing signs of rebounding. Bitcoin is extremely volatile in nature and hence it will always have ups & downs.
member
Activity: 532
Merit: 11
July 09, 2021, 02:13:28 AM
#69
BTC:
Breaking down to refresh the previous low point, the bottom of the daily level is a rebound signal of Hammer Yang K + Lianyang standard. In the short term, the rebound is expected to continue at the position near 36100, which is the position of the daily mid-track. So today, we will rebound first, and we are expected to enter. Field position 34800 this position.
hello sir, this is very interesting news, thank you for this notification sir, maybe I don't understand very well about speculation but maybe today I will monitor bitcoin developments from time to time
newbie
Activity: 19
Merit: 1
July 09, 2021, 01:25:10 AM
#68
We are now  in the Bear marke.Because The Fed is expected to raise interest rates, and Chinese government continues to bun the exchanges.Bitcoin recover need a long time.
full member
Activity: 1736
Merit: 116
July 09, 2021, 12:58:43 AM
#67
It's true that as long as the Bitcoin price is stable and can't get past the $40k price it's very difficult for Bitcoin to rebound. So Bitcoin holders still
have to be more patient with the current situation, and wait for good news to come, in order to trigger the Bitcoin price to rise. But until now there
has been no good news that can trigger the price of Bitcoin to rise,  hopefully in the near future there will be good news that will surprise us all.
For now there is nothing we can do but wait patiently.
Patiently wait or do a sshort trade, Buy at support and sell at resistance. Been doing this for over a month and I've got a good profit by doing this formula strictly. I usually do DCA but this current condition which keeps ups and down is a bit stressful for DCA especially if you enter on wrong timing. Doing a low leverage like x3 max is a bit good too.  Wink
Thanks for the advice to make profit through short trades, but the current market is not easy to predict, especially altcoins movement is really
volatile. I tried several times short trades but failed, finally I decided to hold Bitcoin. And waiting for the market to recover, after all I'm not
the type of person who dares to take risks, so I avoid trading with leverage.
everyone has their own type. Basically trading must have expertise, so we don't mess around with fluctuations which can drain us psychologically. if you feel unable to trade short term, then I think investment is more suitable, and if you want to keep learning trading, of course using a little of capital I don't think it will disturb our psychology

It's true that I do need a lot of practice to become a successful trader. Besides being able to train me so that I can avoid trading mistakes,
because I will be more experienced in reading coin price movements. I also with a lot of trading practice become psychologically trained,
this allows me to make the right decisions. I will try to practice with a small capital first according to your advice, hopefully I will become
a successful trader. But like I said my main focus remains as an investor.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 06, 2021, 10:26:00 AM
#66
     As  of this moment, bitcoin is priced $33500. It is really not in a good position unless it goes beyond $35700 price and maintains its position or closes at  or in a higher position. But since it is almost the weekend, I do not think we'll have that much of a rebound from here yet. And with the options news we can only guess if it will be giving bitcoin a good push or a huge pull downwards. Either way, October seems to be the best month for buying this year just like in the past years.
Above 40K is the price needs to attain and stable since that is the known resistance, Playing below this will not guarantee any rebound for Bitcoin unless there's major good news release by that time period. This accumulation period will last longer since Bitcoin visit both support and resistance multiple times and there's still no break out happening on either side.
It's true that as long as the Bitcoin price is stable and can't get past the $40k price it's very difficult for Bitcoin to rebound. So Bitcoin holders still
have to be more patient with the current situation, and wait for good news to come, in order to trigger the Bitcoin price to rise. But until now there
has been no good news that can trigger the price of Bitcoin to rise,  hopefully in the near future there will be good news that will surprise us all.
For now there is nothing we can do but wait patiently.
Patiently wait or do a sshort trade, Buy at support and sell at resistance. Been doing this for over a month and I've got a good profit by doing this formula strictly. I usually do DCA but this current condition which keeps ups and down is a bit stressful for DCA especially if you enter on wrong timing. Doing a low leverage like x3 max is a bit good too.  Wink

Thanks for the advice to make profit through short trades, but the current market is not easy to predict, especially altcoins movement is really
volatile. I tried several times short trades but failed, finally I decided to hold Bitcoin. And waiting for the market to recover, after all I'm not
the type of person who dares to take risks, so I avoid trading with leverage.
everyone has their own type. Basically trading must have expertise, so we don't mess around with fluctuations which can drain us psychologically. if you feel unable to trade short term, then I think investment is more suitable, and if you want to keep learning trading, of course using a little of capital I don't think it will disturb our psychology
in principle is to learn first which one maybe we can do well, because both are very good if done properly and seriously. although many may want to find safety, it is clear that the investment to be sought and there is no need to think about it again is just a matter of time, but it does drain the funds and time required.
if day trading is clearly very good if you are sure and want to continue to wrestle because it takes analysis and high patience in every time you will take action.
full member
Activity: 1526
Merit: 111
Pepemo.vip
July 06, 2021, 01:05:07 AM
#65
     As  of this moment, bitcoin is priced $33500. It is really not in a good position unless it goes beyond $35700 price and maintains its position or closes at  or in a higher position. But since it is almost the weekend, I do not think we'll have that much of a rebound from here yet. And with the options news we can only guess if it will be giving bitcoin a good push or a huge pull downwards. Either way, October seems to be the best month for buying this year just like in the past years.
Above 40K is the price needs to attain and stable since that is the known resistance, Playing below this will not guarantee any rebound for Bitcoin unless there's major good news release by that time period. This accumulation period will last longer since Bitcoin visit both support and resistance multiple times and there's still no break out happening on either side.
It's true that as long as the Bitcoin price is stable and can't get past the $40k price it's very difficult for Bitcoin to rebound. So Bitcoin holders still
have to be more patient with the current situation, and wait for good news to come, in order to trigger the Bitcoin price to rise. But until now there
has been no good news that can trigger the price of Bitcoin to rise,  hopefully in the near future there will be good news that will surprise us all.
For now there is nothing we can do but wait patiently.
Patiently wait or do a sshort trade, Buy at support and sell at resistance. Been doing this for over a month and I've got a good profit by doing this formula strictly. I usually do DCA but this current condition which keeps ups and down is a bit stressful for DCA especially if you enter on wrong timing. Doing a low leverage like x3 max is a bit good too.  Wink

Thanks for the advice to make profit through short trades, but the current market is not easy to predict, especially altcoins movement is really
volatile. I tried several times short trades but failed, finally I decided to hold Bitcoin. And waiting for the market to recover, after all I'm not
the type of person who dares to take risks, so I avoid trading with leverage.
everyone has their own type. Basically trading must have expertise, so we don't mess around with fluctuations which can drain us psychologically. if you feel unable to trade short term, then I think investment is more suitable, and if you want to keep learning trading, of course using a little of capital I don't think it will disturb our psychology
full member
Activity: 1736
Merit: 116
July 05, 2021, 10:51:45 PM
#64
     As  of this moment, bitcoin is priced $33500. It is really not in a good position unless it goes beyond $35700 price and maintains its position or closes at  or in a higher position. But since it is almost the weekend, I do not think we'll have that much of a rebound from here yet. And with the options news we can only guess if it will be giving bitcoin a good push or a huge pull downwards. Either way, October seems to be the best month for buying this year just like in the past years.
Above 40K is the price needs to attain and stable since that is the known resistance, Playing below this will not guarantee any rebound for Bitcoin unless there's major good news release by that time period. This accumulation period will last longer since Bitcoin visit both support and resistance multiple times and there's still no break out happening on either side.
It's true that as long as the Bitcoin price is stable and can't get past the $40k price it's very difficult for Bitcoin to rebound. So Bitcoin holders still
have to be more patient with the current situation, and wait for good news to come, in order to trigger the Bitcoin price to rise. But until now there
has been no good news that can trigger the price of Bitcoin to rise,  hopefully in the near future there will be good news that will surprise us all.
For now there is nothing we can do but wait patiently.
Patiently wait or do a sshort trade, Buy at support and sell at resistance. Been doing this for over a month and I've got a good profit by doing this formula strictly. I usually do DCA but this current condition which keeps ups and down is a bit stressful for DCA especially if you enter on wrong timing. Doing a low leverage like x3 max is a bit good too.  Wink

Thanks for the advice to make profit through short trades, but the current market is not easy to predict, especially altcoins movement is really
volatile. I tried several times short trades but failed, finally I decided to hold Bitcoin. And waiting for the market to recover, after all I'm not
the type of person who dares to take risks, so I avoid trading with leverage.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
July 04, 2021, 06:46:38 PM
#63
May and June weren't good for Bitcoin, and it's all thanks to China and the twitters of a certain man we all know who I'm talking about. now there's another theory about the bitcoin price drop:
 
Is Bitcoin in danger of losing $30K with Grayscale's big GBTC unlocking in two weeks?

I practically didn't understand anything, I prefer to continue with my theory that the twitters of a certain men and China are responsible for the price drop and we shouldn't have high expectations unless we see the price break $42000 something that can happen at any time as the price is currently at $35000
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 04, 2021, 06:14:19 PM
#62
BTC:
Breaking down to refresh the previous low point, the bottom of the daily level is a rebound signal of Hammer Yang K + Lianyang standard. In the short term, the rebound is expected to continue at the position near 36100, which is the position of the daily mid-track. So today, we will rebound first, and we are expected to enter. Field position 34800 this position.
Bitcoin has been having a lot of trouble lately considering that China was planning to buy it and China is a huge and powerful country. Bitcoin's value will keep on rebounding wherein there will be times where it will reach a new peak but at the same time, it may also go down making those low time investors feel the pain of such instances. Bitcoin's value will surely change and recover in the near future so don't rush and be careful on picking a team.

i don't understand about your statement regarding China planning to buy bitcoin? do you have reference about this? because right now, it is the opposite that is happening in China, they are cracking down on crypto and shutting down their miners. so i don't know where you get the news that China is buying it or you are just speculating here?
but as we can see, even if China is quite hard on crypto, btc is still trying to go up. which translates the fact that even big country like china, will not topple down the presence of btc.
sr. member
Activity: 1050
Merit: 286
July 04, 2021, 01:46:43 PM
#61
BTC:
Breaking down to refresh the previous low point, the bottom of the daily level is a rebound signal of Hammer Yang K + Lianyang standard. In the short term, the rebound is expected to continue at the position near 36100, which is the position of the daily mid-track. So today, we will rebound first, and we are expected to enter. Field position 34800 this position.
Bitcoin has been having a lot of trouble lately considering that China was planning to buy it and China is a huge and powerful country. Bitcoin's value will keep on rebounding wherein there will be times where it will reach a new peak but at the same time, it may also go down making those low time investors feel the pain of such instances. Bitcoin's value will surely change and recover in the near future so don't rush and be careful on picking a team.
hero member
Activity: 1610
Merit: 507
July 03, 2021, 09:44:30 AM
#60
Bitcoin price is hard to break, $40k because we do not see the price can easily increase and still at this price level. Maybe bitcoin will be like this for a while and I guess if bitcoin can rebound, it will not break $37k yet. But everything can happen and hopefully, bitcoin will have the power to lift the price this month.

If there is a good news release, that can change the market situation and help the price increase. Maybe the price will not directly jump to the high price, but that will be the sign for bitcoin to back to the high price.
sr. member
Activity: 2016
Merit: 283
July 03, 2021, 09:19:30 AM
#59
I agree that we are in a Bear market. It's important for investors to know those monthly trends which can help an investor safely enter the market and safely leave the market.
it's always safe to follow the trend rather than entering without specific information, like for example on this situation, we don't even know where will be the next direction of the growth rate.. So i can say that on this current situation its a good i dea to be patient amd wait for the right time , because indeed market still unpredictable nowadays wherein base on its performance that seems don't have stable support whenever it make a progress.. Just imagine how many times it makes bump up to 36k but unfortunately it always fell back to support which is 30k. So its a sign that we are still in a bear market and it's dangerous to make a steps these days..
full member
Activity: 1610
Merit: 102
July 03, 2021, 08:57:01 AM
#58
The price of bitcoin has plummeted sharply and is currently trying to regain its momentum through fluctuations. Bitcoin price fluctuations over the past few weeks suggest that the market is still on the sideway. Because the market situation is bipartisan and the upward and downward fear cannot cross the resistance zone. If the price of bitcoin exceeds the upward resistance, it may re-emerge all-time, while if it exceeds the downward trend, it may decrease significantly. So it cannot be said right now that the price of Bitcoin is rebounding.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
July 03, 2021, 08:21:53 AM
#57
Even I had predicted a rebound from $30k to $36k range but we still don't know if the rebound is meant to continue in an upward trend or the market will still continue in the sideways trend.
Bitcoin has been moving in a sideways direction for quite sometime now with a support at $30k and resistance around $40k level.
Until it crosses either of these levels bitcoin will keep moving up and down in between this range.


I expect a sideways movement all the time, the price moves a few bucks high and it drops again. To see the market skyrocketing again this year is seems to be hopeless ( I hope I was wrong) if there is no positive news to hear.
Because I thought that what happens to El Salvador gives a huge uplift on the prices but somehow, we are still moving slow. Actually, there are no changes I saw and the market remains calm. Maybe, we could say that the hypes are totally over, were wait again for the next run.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
July 03, 2021, 08:06:22 AM
#56
Even I had predicted a rebound from $30k to $36k range but we still don't know if the rebound is meant to continue in an upward trend or the market will still continue in the sideways trend.
Bitcoin has been moving in a sideways direction for quite sometime now with a support at $30k and resistance around $40k level.
Until it crosses either of these levels bitcoin will keep moving up and down in between this range.

jr. member
Activity: 100
Merit: 2
Buy Bitcoin
July 03, 2021, 07:00:00 AM
#55
We are officially in the Bear market and I do not expect a lot from Bitcoin at the moment. Considering last year at this time when Bitcoin was just above 9k we are well placed this year. The market will trend sideways and I think it will remain the same till September this year. Historically November is the month when Bitcoin starts pumping.

I agree that we are in a Bear market. It's important for investors to know those monthly trends which can help an investor safely enter the market and safely leave the market.
full member
Activity: 2520
Merit: 204
July 03, 2021, 06:45:17 AM
#54
BTC:
Breaking down to refresh the previous low point, the bottom of the daily level is a rebound signal of Hammer Yang K + Lianyang standard. In the short term, the rebound is expected to continue at the position near 36100, which is the position of the daily mid-track. So today, we will rebound first, and we are expected to enter. Field position 34800 this position.
I also thought of this when the value breaks the 36,000$ value but again fails to Hit the 40k back. and also there are expectation that we really hit the Bear market and this some increase are just a play from whales .
though institutional investors are still holding up and the reason why we are still in the strong 30k level.
This market trend of bitcoin over the past two months is having the same pattern of growth. I saw a thread in which an user mentioned about the market will not stay above $35000 for ten consecutive days. As the user have mentioned, the same has been repeating. Now once again bitcoin is growing slowly. Hope this time also we'll reach above $35000 and will drop back.
Why the drop back though? I mean wouldn't it be good that it will break pattern this month and something different happen like bitcoin going up more than 35k USD and then staying there and then continuously growing next month?
Sad that we are not on that level of breaking even 40k . maybe this is not the quarter to expect it.
full member
Activity: 1946
Merit: 112
July 03, 2021, 06:25:04 AM
#53
BTC:
Breaking down to refresh the previous low point, the bottom of the daily level is a rebound signal of Hammer Yang K + Lianyang standard. In the short term, the rebound is expected to continue at the position near 36100, which is the position of the daily mid-track. So today, we will rebound first, and we are expected to enter. Field position 34800 this position.

I believe that BTC is waiting for a flat at the moment. That is, now there is probably a set of positions and when BTC is sufficiently redeemed from the market, then we can expect the BTC price to hike above the current levels. More and more analysts agree that there will be a second phase of BTC growth, and this is likely to happen at the end of 2021. But at the moment, we can still expect a large fluctuation in the price of BTC, which, in principle, also makes it possible to earn money by trading on exchanges.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
July 03, 2021, 06:11:15 AM
#52
This market trend of bitcoin over the past two months is having the same pattern of growth. I saw a thread in which an user mentioned about the market will not stay above $35000 for ten consecutive days. As the user have mentioned, the same has been repeating. Now once again bitcoin is growing slowly. Hope this time also we'll reach above $35000 and will drop back.
Why the drop back though? I mean wouldn't it be good that it will break pattern this month and something different happen like bitcoin going up more than 35k USD and then staying there and then continuously growing next month?
Bitcoin had stayed above $30k despite all the negative tweets by Elon musk and Chinese bans on miners from having fear for the worst that the price might liking  reach $20K.
From my own personal analysis Price had always dump on weekends however today Price Action has a remarkable bullish trend I hope the price momentum is sustained till the resistance at $36K is broken then if the price could rally upward the likely resistance is at $41K this is subject to non availability of negative fundamentals that usually result to a massive dumping of the price
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