Long awaited Bitcoin correction(+) - page 2.

VALDEMAR PREST

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Quote from: moonlight on January 17, 2018, 09:53:00 AM

Quote from: xelaxin on January 17, 2018, 09:47:04 AM

Quote from: VALDEMAR PREST on January 16, 2018, 05:08:11 PM

Yes Yes! Long-awaited correction. This was to be expected! Experienced traders understand this chance to earn good money! Those who want to get a good income has to invest in BTC now!

Not now. Actualy we are in the down-trend now, so we need to wait when price will find good support zone, for me it is 6-8 but it is possible to see 5

Correct . We should wait for that bounce first before stepping in the BTC train again... In the end it will all be allright with BTC too many whales with big positions to let BTC die. It will come back stronger than before in my opinion

Well, 5-6 is of course would be very beneficial! By the way, regarding large whales, that's for sure, they will not allow the fall of bitcoin! well judging by the fact that the price was 17 it is quite possible to be profitable Daye at 9-10)))

moonlight

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Quote from: xelaxin on January 17, 2018, 09:47:04 AM

Quote from: VALDEMAR PREST on January 16, 2018, 05:08:11 PM

Yes Yes! Long-awaited correction. This was to be expected! Experienced traders understand this chance to earn good money! Those who want to get a good income has to invest in BTC now!

Not now. Actualy we are in the down-trend now, so we need to wait when price will find good support zone, for me it is 6-8 but it is possible to see 5

Correct . We should wait for that bounce first before stepping in the BTC train again... In the end it will all be allright with BTC too many whales with big positions to let BTC die. It will come back stronger than before in my opinion

xelaxin

newbie

Activity: 78

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Quote from: VALDEMAR PREST on January 16, 2018, 05:08:11 PM

Yes Yes! Long-awaited correction. This was to be expected! Experienced traders understand this chance to earn good money! Those who want to get a good income has to invest in BTC now!

Not now. Actualy we are in the down-trend now, so we need to wait when price will find good support zone, for me it is 6-8 but it is possible to see 5

VALDEMAR PREST

newbie

Activity: 210

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Yes Yes! Long-awaited correction. This was to be expected! Experienced traders understand this chance to earn good money! Those who want to get a good income has to invest in BTC now!

xelaxin

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Hello everybody! Hope you are doing well!
Just returned from holidays, and here we are - btc price breaks down 12 level and the chances are rising for the scenario when the price will find a good support at 6-8, but it can be even 5
Now we will see how this situation will rotate, and what is will be with Altcoins? Will they drop with Btc, as people will lose their faith, or they will go up in their prices, to compensate the price of the main asset, so we will see many new trading pairs like */USD or other fiats. Anyway, now it is some "historic" point for the Btc, and we all are in it, Happy New Year, my best wishes, take care of yourself
i'm still at the 8.7 entry point, so now we are closing to the epilogue

Ebenezar64

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Quote from: ele-van on December 26, 2017, 11:43:53 PM

So now that we broke the really short-term down trend (magenta line) as well as the first resistance line (in red at 14850) we are pulling back which is normal. I'm looking for a break of $16k to add and then a break of $18500 to add some more. Why not just go all in here. Well first I'm long term, and though I add trades, I do not trade these markets. We could still very well correct and entering large positions now can lead to large loss later. The key is building a position and adding to an uptrend not "guessing" the direction of the trend in the very short term. Corrections are difficult and should not be traded.

I agree fully. It is never a good idea to "go all-in" at once even though you think the trend has reached the bottom. That is what market does, it pushes lower than you think and goes higher than you think before falling back. It is better to identify different buy levels where you want to pick up somethign and extra and slowly build you stake in the dips. If you are long term on BitCoin, thinking it can go to 100k or even further then this is the strategy to go by imo. But I am not a big trader or expert but that seems to be what the "smart people" are saying

ele-van

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So now that we broke the really short-term down trend (magenta line) as well as the first resistance line (in red at 14850) we are pulling back which is normal. I'm looking for a break of $16k to add and then a break of $18500 to add some more. Why not just go all in here. Well first I'm long term, and though I add trades, I do not trade these markets. We could still very well correct and entering large positions now can lead to large loss later. The key is building a position and adding to an uptrend not "guessing" the direction of the trend in the very short term. Corrections are difficult and should not be traded.

santieevanz

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Quote from: xelaxin on December 12, 2017, 12:43:44 AM

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

The bitcoin correction has been waited for so long because many people believe that it is an opportunity to buy bitcoin and then hold or invest it. Recently, the reason why there’s a continuous increase of bitcoin’s value because of new investors who made a decision to invest on btc. For now, everything happens so fast and some alternative coins exited. Let’s wait for the best result for the correction

xelaxin

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Quote from: IvanPont on December 26, 2017, 02:41:20 AM

Quote from: xelaxin on December 12, 2017, 12:43:44 AM

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

Already went beyond your limit and now 14k, we expect that will be after the new year. One thing is clear that there will be a fall, the second question as much as during what time. It remains to wait a short time.

Topic started December 12, when the price of Btc was fighting with 17 level, but it was clearly that very big amount of Btc holders had decided to go in fiat before new year. Because 100 Btc was 1'700'000.00 USD, it is money big enough to live till the end for many. So, this middle-range holders started to sell, and i am decided to start this topic, as a warning to those who just join crypto-trading and have no experience in the trading at all.
Then USDT released more than 200'000'000.00 usd in the very short period, days between opening of the Futures(CBOE - CME). And all of this usdt goes into Btc, pushing him up to the 20 level, where was ready to sell much more holder than on the 17. Bigger holders started their sells, and price drops to the 10.7 (i'm talking about BITFINEX), second step was 11.6 , so the goals of corretions, which I mentioned in first message, are achieved. USDT managed to shift whole patterm up for 2-3 levels. But it will have a consequences like high volatility, so now i think, that price will go to the range 16-18 or even 20, if something like USDT happens again, than we will go to the 8. And from there, we will possibly start the second long therm up-trend

IvanPont

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Quote from: xelaxin on December 12, 2017, 12:43:44 AM

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

Already went beyond your limit and now 14k, we expect that will be after the new year. One thing is clear that there will be a fall, the second question as much as during what time. It remains to wait a short time.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

we are now waiting for the price increase for a while after we got the dump last weeks. its been hard days for us because bitcoin is down but fortunately, we are saved by altcoin increase so we could still make a profit. but I think this time, bitcoin giving a good signal because the price trying to rise again and I hope we can see it will reach another higher price soon.

ngacengan

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Activity: 504

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Quote from: xelaxin on December 12, 2017, 12:43:44 AM

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

now bitcoin the price is still stable, chances are bitcoin players are still busy with the celebration of christmas, but do not be afraid later January 2018 there will be another hardfork that will trigger a rise in bitcoin prices.

kuronokishi10

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According to me these corrections have finally given the traders and bitcoin holders a peace of mind.
Now bitcoin prices won't suddebly fall or rise for sometime,
I expect the price to settle around 10-12 .
The second week of January would be most awaited as it is predicted to rise even higher.

Lupus Solitarius

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Activity: 273

Merit: 11

Now bitcoin is staying in horizontal, probably it won't move sensibly until january.
But there are good chances that it will start to rise again, I think we are now in Elliot wave 2.
We'll see.

orka39

member

Activity: 168

Merit: 47

Quote from: xelaxin on December 12, 2017, 12:43:44 AM

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

I think this end of the year the target to reach $25 till $28 is impossible. Too high. I think it can be reached next year.
Correction now is very close, correction this time will be a bit dip and it makes us time to buy.

xelaxin

newbie

Activity: 78

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Looking 1D chart, it is possible to guess, that today can be started very short up-trend to the ~16-18 area or even 20 again, but there again will be huge sells, so then we can go back to the south of the current price corridor 10-20
But if bulls will not be able to buy everything that sells now, my first opinion is still at work and i wait correction ends at the 8.7, actualy it can be within a range, of course 8.7 it is just my personal target

Koadharber

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Quote from: xelaxin on December 24, 2017, 10:14:23 PM

Quote from: Ranly123 on December 23, 2017, 06:13:03 PM

Quote from: xelaxin on December 12, 2017, 12:43:44 AM

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

As of now it is impossible for bitcoin to reach 25-28 this year as it really drops 20-30% this month. But hopefully by 2018 it will reach that range and investors will come to make that happen.

I meant that before the new year there will be a purchases of btc, when the price becomes suitable, but you know, volatility of a coins can made and this scenario possible)

Talking about on the possible lowest price for this year cant be known since we do know how volatile is the price of bitcoin but regarding on accumulating it before the year end isnt really a bad idea though but in my case i would wait for a little longer on what would be the reaction of price in the new entry of year 2018. If i do see some potential on increasing then accumulating phase would begin and add up on my folio. Its just a matter mix of intuition and instincts.

xelaxin

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Quote

Looking in bitcoiners confidence to hold as long as possible, the price can grow up next year.
$20k is very close to reach that goal. Lets see what happen next year.

as we know, the main rule of the owner of money is the reduction and control over risks, one of the ways to achieve this is diversification of the portfolio of crypto-currencies. The best tactic for the current time for large crypto-holders is when a third of everything is in the fiat(divide to three - usd,eur, and one that you use daily) money keep on bank deposit, 30-40 percent in Btc, and the remainings is in the altcoins and tokens by the own opinion
it will hedge whole capital, and make it more sustainable to volatility

orka39

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Quote from: qiman on December 23, 2017, 05:31:53 PM

I think that Bitcoin can reach a new all time high maybe in the early spring of 2018 as it will take more confidence and also a new set of capitalization for it to go up again past 20k USD. Many of the big whales and institutions have taken their profits so it will take time to lure new crowds of people in in order to pump the markets very high again and for the BITCOIN marketcap to go up 70% from here. Time will tell but I see Bitcoin going up if it does to a new ATH around March 2018.

Looking in bitcoiners confidence to hold as long as possible, the price can grow up next year.
$20k is very close to reach that goal. Lets see what happen next year.

amat11025

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I think it almost reach lowest ,end of Jan it will reach the highest again

Topic: Long awaited Bitcoin correction(+) - page 2. (Read 1211 times)