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Topic: Is this a bear trap or pump is over? (Read 1341 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
June 09, 2016, 03:39:04 AM
#21
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

I hope the pump isn't over, would be really nice for this rise to pick up again over the weekend. I guess we'll have to wait & see where this unpredictable ride takes us Smiley
You see that the value of the Bitcoin is now not rising that fast and that is because you also know that the value of the Bitcoin was stable for a long time so it needs to recover.
But I am for sure that it will reach the $500 in the end of the year and that is because the halving is also coming.

I think the new target should be $800 to $1000 by the end of the year. The price is already $580.

those prices were always the target, and I personally never doubt for a second that there will be a (at least) twice rise back when the price was playing jump rope with the $400 price and people were panicking.
so now nothing has changed and things are just on track and these goals are just closer.

I was happy ot see the exponential growth the last two weeks at the 3 day chart. but now we have lost almost all the growth. What happened? Huh

I think that it's just a bear trap. Some people may be getting out of the market early right now, but I think that they're dumb to do that unless they're returning very soon after holding bitcoin.

As the halving is still around a month away, we'll see more pumps in my opinion. Larger ones as well.

lol, he is talking about 3 days that happened 2 month ago in 4/2016
sr. member
Activity: 294
Merit: 250
June 09, 2016, 02:48:48 AM
#20
I was happy ot see the exponential growth the last two weeks at the 3 day chart. but now we have lost almost all the growth. What happened? Huh

I think that it's just a bear trap. Some people may be getting out of the market early right now, but I think that they're dumb to do that unless they're returning very soon after holding bitcoin.

As the halving is still around a month away, we'll see more pumps in my opinion. Larger ones as well.
newbie
Activity: 58
Merit: 0
June 09, 2016, 01:50:20 AM
#19
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

I hope the pump isn't over, would be really nice for this rise to pick up again over the weekend. I guess we'll have to wait & see where this unpredictable ride takes us Smiley
You see that the value of the Bitcoin is now not rising that fast and that is because you also know that the value of the Bitcoin was stable for a long time so it needs to recover.
But I am for sure that it will reach the $500 in the end of the year and that is because the halving is also coming.

I think the new target should be $800 to $1000 by the end of the year. The price is already $580.
full member
Activity: 224
Merit: 100
May 27, 2016, 09:27:48 AM
#18
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

I hope the pump isn't over, would be really nice for this rise to pick up again over the weekend. I guess we'll have to wait & see where this unpredictable ride takes us Smiley
You see that the value of the Bitcoin is now not rising that fast and that is because you also know that the value of the Bitcoin was stable for a long time so it needs to recover.
But I am for sure that it will reach the $500 in the end of the year and that is because the halving is also coming.
legendary
Activity: 1106
Merit: 1005
May 27, 2016, 05:39:43 AM
#17
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

It's a bear trap for a looong time now, but noone can hold these prices for increasing now, when theres just so little time left before the halving
takes place. Whats now about to follow could very well be the most epic bull run we have seen. I can already see the headlines.. oh, the hype is about to happen!

it's probably just a pre-run

might still be quite large. but whatever happens, in about a month or 5-6 we'll have another run that will dwarf the coming run. Doesn't matter if the next run will be an epic run or no run at all.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
May 27, 2016, 05:26:46 AM
#16
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

It's a bear trap for a looong time now, but noone can hold these prices for increasing now, when theres just so little time left before the halving
takes place. Whats now about to follow could very well be the most epic bull run we have seen. I can already see the headlines.. oh, the hype is about to happen!
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
May 27, 2016, 05:24:42 AM
#15
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

I hope the pump isn't over, would be really nice for this rise to pick up again over the weekend. I guess we'll have to wait & see where this unpredictable ride takes us Smiley
legendary
Activity: 1106
Merit: 1005
May 27, 2016, 05:18:03 AM
#14
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.
newbie
Activity: 58
Merit: 0
May 27, 2016, 03:39:53 AM
#13
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.
newbie
Activity: 21
Merit: 0
May 20, 2016, 09:45:04 AM
#12
I used to think the price will be over $500 in June. Now, with the price at around $440, $500 is for July.

In July, it will be September, etc., etc.
newbie
Activity: 58
Merit: 0
May 20, 2016, 09:43:08 AM
#11
There is no pump recently. The price just rises slowly. But when the price reaches around $470 range, there will be a dump.

not necessarily if the price reaches 470 it will go back down. maybe it will keep rise to $500. no one can predict exactly. but we expect this month could reach 500

Everything is possible, but I don't think we'll see $500 before reaching June. It's okay for me as long as we keep the price relatively stable around $450 for a while.

I used to think the price will be over $500 in June. Now, with the price at around $440, $500 is for July.
legendary
Activity: 2170
Merit: 1427
May 07, 2016, 03:47:44 AM
#10
There is no pump recently. The price just rises slowly. But when the price reaches around $470 range, there will be a dump.

not necessarily if the price reaches 470 it will go back down. maybe it will keep rise to $500. no one can predict exactly. but we expect this month could reach 500

Everything is possible, but I don't think we'll see $500 before reaching June. It's okay for me as long as we keep the price relatively stable around $450 for a while.
sr. member
Activity: 266
Merit: 250
May 07, 2016, 03:45:35 AM
#9
Even if this is a pump and the price drops back down its still going to hold like it has done the past few months. And pump or no pump the halving is not far away now which is going to impact the price one way or another.
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
May 07, 2016, 03:18:57 AM
#8
There is no pump recently. The price just rises slowly. But when the price reaches around $470 range, there will be a dump.

not necessarily if the price reaches 470 it will go back down. maybe it will keep rise to $500. no one can predict exactly. but we expect this month could reach 500
newbie
Activity: 58
Merit: 0
May 07, 2016, 03:00:50 AM
#7
There is no pump recently. The price just rises slowly. But when the price reaches around $470 range, there will be a dump.
legendary
Activity: 1442
Merit: 1016
April 28, 2016, 11:21:08 AM
#6
I was happy ot see the exponential growth the last two weeks at the 3 day chart. but now we have lost almost all the growth. What happened? Huh

What happened?
China played the bad guy.That's it.
Happened a hundred times before.Iw oudln't worry too much.
As long as the long term trend heads upwards we are doing good.
hero member
Activity: 2968
Merit: 640
April 28, 2016, 11:13:33 AM
#5
Not sure yet if this is just another one of those 'stuck in the eye of the storm' or the storm is already gone. I kind of expected this to happen though, seeing the price go down. However this will probably be temporary as many users see this as an opportunity to restock their bitcoin supply and sell them when the storm comes back again.
legendary
Activity: 2282
Merit: 1041
April 28, 2016, 10:28:12 AM
#4
I was happy ot see the exponential growth the last two weeks at the 3 day chart. but now we have lost almost all the growth. What happened? Huh

Well a lot of those who bought under 450 just dump their btc to buy again thats what happen lol they'd keep doing that most probably until the real effect of halving takes place.
If it happen, then they might just wait to its peak before dumping again. the name of the game is dumping lol
sr. member
Activity: 350
Merit: 250
April 28, 2016, 10:14:09 AM
#3
It would be better for all of us if we are going to wait for a better value and that is not now so please have more patience and just wait a longer time for a price increase.
So you can sell it later after the price increase with a huge profit and that can be nice for you.
legendary
Activity: 896
Merit: 1000
April 28, 2016, 05:13:45 AM
#2
at this point it's unclear whether it is a bear trap or not, but the dump was bound to happen. i was just waiting for it, and it happened as it happened many times before already. there is no difference as the market is in state of repeating. i was lucky to sell some coins at $462 and bought back at $440 in the nightly hours. easy profit.
sr. member
Activity: 366
Merit: 261
April 28, 2016, 04:33:26 AM
#1
I was happy ot see the exponential growth the last two weeks at the 3 day chart. but now we have lost almost all the growth. What happened? Huh
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