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Topic: It's still going down (Oct 26, 2019) - page 3. (Read 545 times)

sr. member
Activity: 1876
Merit: 259
October 27, 2019, 12:43:19 AM
#17
look buddy
try to be positive with what's happening in the market today.
for me this is a sign that there will be further improvements that are greater than yesterday.
so don't expect bitcoin to continue to decline.
sr. member
Activity: 1554
Merit: 334
October 26, 2019, 11:08:15 PM
#16
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.
That's why I sold off some of my btc instead of holdimg because there might be another whale selling off to gain the profit, as it looks like there's not much uptrend, they're likely to sell it off again unless they're still hoping for another increase. It's good for a while for those who swam along the whales but I can say more likely today that it's definitely manipulated. We can't get anymore from this and I don't think it's gonna pump up any sooner. But that's the life of BTC, it's all in the prediction, we can't read their minds.
hero member
Activity: 2702
Merit: 672
I don't request loans~
October 26, 2019, 10:37:02 PM
#15
Not really surprising. The rise was way too unnatural and the market naturally wouldn't hold that up without any foundation. It seemed kind of heavily manipulated after all and being manipulation as it is, would only result in a temporary uprise and would slowly stabilize until the market could accept it. imo it should stop going down by 8000$ or so. Should be a reasonable margin for the market to accept since the last dump made it go to 7500 and the latest pump made it go to 10k dollars but almost immediately went down after, so yup.
newbie
Activity: 88
Merit: 0
October 26, 2019, 10:08:53 PM
#14
Everytime Bitcoin rise above 20% change in just 24hrs or 48hrs, continued downtrend after will be expected. Because some retail investors also are selling their Bitcoin at that range, most specially if they're looking for a short selling. Some bought at $7,500 level and sold it at $9,700-$10,000.

I wont even be surprised if this downtrend continues to $8,000 level.

Yeah, according to the market trend $8000 is possible to reach with a short period of time. And I will not be surprised the downtrend goes to $8000.
hero member
Activity: 2716
Merit: 552
October 26, 2019, 10:05:20 PM
#13
Everytime Bitcoin rise above 20% change in just 24hrs or 48hrs, continued downtrend after will be expected. Because some retail investors also are selling their Bitcoin at that range, most specially if they're looking for a short selling. Some bought at $7,500 level and sold it at $9,700-$10,000.

I wont even be surprised if this downtrend continues to $8,000 level.
legendary
Activity: 2730
Merit: 1288
October 26, 2019, 09:47:42 PM
#12
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.

Bitcoin is heavily manipulated.When goes up and when goes down. But in general trend is stable. Not going either up or down much but stay where it is for half year.
legendary
Activity: 3360
Merit: 1203
October 26, 2019, 07:03:28 PM
#11
Funny how some of you still waiting for Bitcoin to go even lower ? Isn't it low now ? I think it is. Its like after 2014 pump coming from 1200 to 450$ and you still want for it to go to 120$ which never happen. So now you wait for Bitcoin to give another opportunity to go under 7k$ to make your buys ? But what have you done when it was 3k$ ? You waited for it to go to 2k$ am I right ? I think I am.

Appreciate that Bitcoin still gives opportunities for all of us to buy under 10k$ and that is half of the price since the ATH of 2017 December. In my opinion the green candles from last night proved that Bitcoin will slowly rise until the halv occur.
legendary
Activity: 2170
Merit: 1427
October 26, 2019, 06:35:49 PM
#10
We are literally minutes away from an extremely bullish daily close above the 200MA. If it confirms, then there is no longer any point for people to be bearish.

The only thing I do expect is some sort of a wick down when CME opens to fill up the gap left between their friday close and where the price is when they open up. If that turns out to happen, that will be an exceptional buying opportunity in the runup to the test of $14,000 and perhaps beyond. We'll have to reasses the market structure when we get there.

Choo choo........  Tongue
sr. member
Activity: 1190
Merit: 306
October 26, 2019, 06:34:07 PM
#9
If you've been here on this market then these kind of events arent that shocking.
Thank you, you saved me from writing the same thing.

I'd like to point out that btc is now at $9200 whereas yesterday it was below $8000 (or the day before).  Apparently I was sleeping when it shot past $10,000 this time but I'll take op's word for it that it happened.

And market manipulation?  I hear that claim every single time bitcoin does something dramatic, but there's never any hard evidence of it presented.  Sometimes the bulls just run rampant, and other times the bears come out of hibernation.  At least when either one of those things happens it's better than if both were asleep.  Good times in bitcoinland right now.  I can't say I'm disappointed with where the price is at, but my main concern is whether it can hold on.
legendary
Activity: 1652
Merit: 1483
October 26, 2019, 06:29:47 PM
#8
I expect a continuation of the downtrend.

i'm glad there's still plenty of bears and pessimists around. that's how markets look when they begin climbing the wall of worry. Smiley

even if this is a dead cat bounce and we're still stuck in a larger downtrend, the rally took impulsive form, so i expect another impulsive leg up into the $11000s.
legendary
Activity: 2097
Merit: 1070
October 26, 2019, 06:19:06 PM
#7
I expect a continuation of the downtrend.
legendary
Activity: 1806
Merit: 1521
October 26, 2019, 12:23:39 PM
#6
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.

I respectfully disagree. It'll take several more weeks to confirm a weekly/monthly uptrend again, but I'm fairly confident the structural low is in.

Where you been, by the way? You planning to hibernate during this supposed bear winter?
legendary
Activity: 3178
Merit: 1054
October 26, 2019, 10:46:42 AM
#5
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.

This manipulation is how people make money. Bitcoin was stable for a while and it did a sudden dive below 7.5K and again rose to 10K. The masterminds of this setup bought cheap and sold high. Now the market would again return to the previous pricing around 8.5K. It's just a pump and dump to fool small investors.

probably not a pump and dump this time. yesterday i think was the action brought by fomo. price will still dip so its too optimistic to believe it will continue to rise without slight dips. by his name, OP sure knew this since he sure isn't knew it trading. many of the holders will still sell but many will check whether they can buy at a lower price than the peak price yesterday. 8.5 would be a good price already to buy.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
October 26, 2019, 10:45:38 AM
#4
Thats how big investors make money in this kind of unregulated market. If you have sold at panic then probably you are going to hate this, I don’t see this a natural growth. As usual those that were so emotional lose this game.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
October 26, 2019, 10:31:51 AM
#3
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.

This manipulation is how people make money. Bitcoin was stable for a while and it did a sudden dive below 7.5K and again rose to 10K. The masterminds of this setup bought cheap and sold high. Now the market would again return to the previous pricing around 8.5K. It's just a pump and dump to fool small investors.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
October 26, 2019, 10:23:21 AM
#2
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.
If you've been here on this market then these kind of events arent that shocking.We have seen countless news that
do give out either some fud or fomo and anytime the price might react or not on that certain time.We've seen how this
market move likes waves and  even we do say that its manipulated all the time then just bear with it and utilize those
movements to make some profits.
member
Activity: 210
Merit: 13
October 26, 2019, 09:20:36 AM
#1
Even though price of BTC bumped up yesterday from $7,400 up to 10,400.  Price is still in a downtrend.
 
I am not too optimistic just from one day of big green candles along with some announcement from China.

Heavily manipulated it is, more and more every day. Good bye.
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