No moon later!
There is still more time needed to consolidate after last years parabolic rise. We could range here for months, with break downs to 6k and break ups to 11-12k.
A wide range where you can still make a nice profit if you know how to trade it.
For pure Bitcoin hodlers this may boring or somewhat frustrating. I'm not saying that it will happen. But it is definitely possible.
Yesterday we reached 4hour 200sma around 9800 and then saw a clear rejection and bounced around 8700. Bears are still strong. Before that we got bull trapped around 11700. No no we are not done yet.
Topic: Moon now? (Read 414 times)
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
I wish you were right, but as it seems to me, the situation is not as simple as you describe it here. Not only good news from Asia affect BTC price. The market will be still going up and down.
Market always reacts with the latest news, regardless of whether or not the news from Asia is true, the trend will always change from fall to rise. This is not a dead cat, Bitcoin is still valuable in the trading market, but it is still very premature to say the trend of rocket is coming sooner, because other coin trading seems less active.
Bitcoin price is still trending in its average price and this trend would continue for another couple of months I hope. The price would reach the moon probably in July to August period since there's many good news on the way for crypto. Go through the chart of Bitcoin and see it yourself whether Bitcoin is to the moon now of still down to the earth.
You may visit coinmarketcap for watching the trend not only for Bitcoin, tou could watch all the top 100 crypto and top 100 coins in this site.
You may visit coinmarketcap for watching the trend not only for Bitcoin, tou could watch all the top 100 crypto and top 100 coins in this site.
I hope that bitcoin would reach $12,000 again before this year ends since as Bitcoin user we can only hope for the best that it will continuously rise and make us stay in this community. Every good news gives us a positive outcome as well for Bitcoin.
The moon will soon return, higher and brighter. 
I have not heard any positive news from Asia. I do not see any significant increase in the price. What can be the moon at the level of 9500 -10000 dollars. Do you think the moon fell to earth? Lol. Until the price reaches $ 20,000, we can't talk about the moon. It won't be until summer. But the fact that any price increase is perceived as a pump is good. It means high expectations. So the trend is positive.
It only means desperate hodlers. Look at the 2013 chart and how it is eerily the same as this year. We’re goin to 6k within weeks.
I have not heard any positive news from Asia. I do not see any significant increase in the price. What can be the moon at the level of 9500 -10000 dollars. Do you think the moon fell to earth? Lol. Until the price reaches $ 20,000, we can't talk about the moon. It won't be until summer. But the fact that any price increase is perceived as a pump is good. It means high expectations. So the trend is positive.
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
as we speaks,bitcoin price dropping again,going down almost $8,000 again,so i guess non of these aren't appropriate.since the market has on and off so better not to expect any growth but loss rather.in this point we may lessen the disappointments,do you think?
Bitcoin is climbing up slowly so let's all hope it would maintain the phase of recovering maybe a little would do. It may not have to go to moon now but eventually bitcoin will gradually be more successful than last year.
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
I dot think Bitcoin price grow sharply yesterday because of some news. It was just correction from drastic fall day before. Corrections always happen. Price cant just go one way. It is impossible. More price will change stronger will be correction.
Opened 25X short at 9900. Good luck with your moon now.
G20 is coming, that will decide lots of things.
And who knows what's next ? Kobayashi selling the rest of his BTC worth 1.6 Billions, a hack... ?
And who knows what's next ? Kobayashi selling the rest of his BTC worth 1.6 Billions, a hack... ?
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
No, i don't think that the price will increase more than $11k in the next days, it will probably keep bouncing between &8k - $11k until weekend at least.
We still didn't have a solid ground that will not allow the price to fall from $10k..
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
The market now are slowly recovering and the bitcoin price is around to $12000- $13000 not that high, but this year I believe it will be more expensive value. Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
Bitcoin is always positive response in all the countries but some countries are regulating the cryptocurrency this is the main issue in price fluctuation but currently Russian government is implementing the legalization of Bitcoin this year June 18 it will legalized in the Russia so this reflect in current. But i don't know the positive news of Asia can you explain it. 
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
The price of bitcoin and crypto currency is varied from the news about it.Now the price of bitcoin is again start to raise due to the positive news about bitcoin.One thing is dead cat bounce is not match , because bitcoin is still alive in upper hand.Now the bitcoin price is get back to old value,if it's grow more than 19k$.We can say,bitcoin reaches the Moon.
Well it can only be a dead cat bounce that we are seeing here if this is only a temporary recovery But if bitcoin would continue climbing up to $ 13,000 we can have a chance in seeing the pump or a bullish ride again, But as we can see bitcoin price have just recently recovered from the beating of the drop that is why we can only say that it can be a cat bounce for now.
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
The price of bitcoin and crypto currency is varied from the news about it.Now the price of bitcoin is again start to raise due to the positive news about bitcoin.One thing is dead cat bounce is not match , because bitcoin is still alive in upper hand.Now the bitcoin price is get back to old value,if it's grow more than 19k$.We can say,bitcoin reaches the Moon.
I think China's interest definitely softened the crash that should have (and may still) happen. As BTC spreads across the world, the market will become more stable.
Has anyone seen predictions for the adoption rate of BTC worldwide? I haven't found anything other than anecdote. In the matter of a month, China is now buying more BTC than Americans. There are other parts of the world that will see an immediate utilitarian benefit that we already take for granted in the US.
When can we expect India to join the party? Southeast Asia/Indonesia? Africa, South America and (more of) Eastern Europe? How long until BTC is accessible in these regions? I think it is poised to take Africa by storm right away if they could get access
Has anyone seen predictions for the adoption rate of BTC worldwide? I haven't found anything other than anecdote. In the matter of a month, China is now buying more BTC than Americans. There are other parts of the world that will see an immediate utilitarian benefit that we already take for granted in the US.
When can we expect India to join the party? Southeast Asia/Indonesia? Africa, South America and (more of) Eastern Europe? How long until BTC is accessible in these regions? I think it is poised to take Africa by storm right away if they could get access
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
Sorry but this bounce was to be expected because we have finally uncover as to who is the culprit of this wild price swing since December (Mt. Gox trustee). But I don't see any mooning anytime soon.
Its no longer December, there are no irrational buyers coming from Asia, and the prediction that China will go back to bitcoin after the Chinese New Year? it didn't happened as well.
So stop and don't put too much expectations so that you won't be disappointed at the end.
I think it is about to moon, yes..
Because of FOMO. I can see this hitting 11k in 24 hours.
Why? Because btc jumped from 8.5k to 9.7k in only one day. And it was Sunday.
The western traders did not yet trade,.. tomorrow the will start trading again, so that's when there will be FOMO
Because of FOMO. I can see this hitting 11k in 24 hours.
Why? Because btc jumped from 8.5k to 9.7k in only one day. And it was Sunday.
The western traders did not yet trade,.. tomorrow the will start trading again, so that's when there will be FOMO
again, $11k is not the "moon" and it is not a hard target to be reached.
the thing about round numbers being big resistances ($10k in this case) has not applied for this particular price for a very long time now. it actually started the first time price dropped below $10k and went as low as $5900.
FOMO and moon will happen when price breaks $12000 and it heads up towards $20k again. that is when the real Fear of Milling Out starts and price shoots up because of it.
The market has been in bearish trend since December when bad news and rumors come out of South Korea and China and only good news is going to bring the market out of it current state . I am happy in hearing that good news have stated coming in from China and Asia region and I think this is going to affect the market positively.
I think it is about to moon, yes..
Because of FOMO. I can see this hitting 11k in 24 hours.
Why? Because btc jumped from 8.5k to 9.7k in only one day. And it was Sunday.
The western traders did not yet trade,.. tomorrow the will start trading again, so that's when there will be FOMO
Because of FOMO. I can see this hitting 11k in 24 hours.
Why? Because btc jumped from 8.5k to 9.7k in only one day. And it was Sunday.
The western traders did not yet trade,.. tomorrow the will start trading again, so that's when there will be FOMO
Today, bitcoin has grown sharply
a "sharp growth" just like a "sharp drop" is when price rises/falls big time and more importantly when it goes above or below certain price levels. for example in this case it is a sharp growth only if it passes $12k not going back to $9.5k which was the bottom!Quote
due to positive news in Asia.
searching bitcoin news (https://www.google.com/search?q=bitcoin&tbm=nws) doesn't show any positive news these days. the media is filled with FUD and attacks against bitcoin more than any other time, and that is all because of the drop!Quote
Do you think this is the beginning of a bullish trend
it is only if price breaks $12k and remains above it. otherwise price will remain between $9k and $12k.the same is true about a bear market, unless it breaks below $9k and stays there it is not bearish.
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or a dead cat bounce?
a dead cat bounce, is when price IS going down then it recovers a little before falling more. bitcoin price went down, it is not going down. there is a difference between just a fall because price is moving sideways and an ongoing drop where price goes lower and lower. 
OMG! I am happy to hear this, it seems this news will bring the atmosphere to be more calm.
IMO travel bitcoin price to the figure $ 12k already in start, we just need to wait and be patient.
I am sure that bitcoin will reach the price in the $ 20k figure, but not in the near future. the price estimate reaches that number will happen in june / juli. Current situation Far cry from yesterday.
IMO travel bitcoin price to the figure $ 12k already in start, we just need to wait and be patient.
I am sure that bitcoin will reach the price in the $ 20k figure, but not in the near future. the price estimate reaches that number will happen in june / juli. Current situation Far cry from yesterday.
The answer will always be maybe so, maybe not and the advice will always be keep holding...
At this time the chances are really good for BTC reach a new level, I believe it would be really improbable to have a third correction in sequence leading us back to $8000-$9000 houses again. However, reaching a new level doesn't mean we are going to the moon, what I also think it's improbable at this time.
At this time the chances are really good for BTC reach a new level, I believe it would be really improbable to have a third correction in sequence leading us back to $8000-$9000 houses again. However, reaching a new level doesn't mean we are going to the moon, what I also think it's improbable at this time.
indeed not only bitcoin today all market was back to green again but please include the link which is positive news in asia because i'm curious what kind of news which make bitcoin and major cryptocurrencies rise up again but i'm highly doubted bitcoin will be to the moon now but i expect before end of this month the price will be at $12k or if possible more than that
Maybe Bitcoin will reversal back to 7K5$. 
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
in my view maybe not now, 'cause the price of bitcoin is not yet stable and has not enough strength to bullish on this day. Perhaps it takes a weeks again before it continue to climb gradually 'cause as wee see the price is always fluctuate in 9k value. 
Moon? Very unlikely. I don't expect any major movements, at least not in the next few weeks. Before the recent downtrend we were in some kind of 'consolidation/recovery' phase where the price was stable for a quite some time, and now, even with all the positive news we've seen lately (though I'm not sure which positive news came from Asia today) we're back to the usual up and downs, to me this just means that unless we see some big and important news that can help push the price up fast so that the bull trend can finally start, we'll be in same slow and steady increase phase for a very long time.
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
Any negative news could still send the price down but I do thing a gradual recovery will happen soon. There will always be fluctuations in price based on supply and demand but I think after the MtGox sell off is done, the gradual increase will begin. I think many altcoins will also start to see a recovery in the coming months as well. I think by the end of the year we’ll begin to see new highs.
No moon, why can't people just accept that for once? Nothing has really changed justifying people to get optimistic. As easily as the price bounces up, it fals down again, and that has been the case for weeks now, and there is no reason to think that it will be different this time. People for once need to look at wider time frame charts, because that's showing more reality of the current state of the market. If you just focus on very short term charts, you'll see a different market, and are more inclined to think positively or negatively based on how much of an impact even smaller movements may have on that chart.
Who knows, but tbh I'm not expecting anything big to happen before may. Not just because of the new fiscal year and whatnot, it's just some feeling in the gut. Tho I can say I'm liking the stable price for once.
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
What's the positive news in Asia? This can be a bounce back but don't be too confident that we are going on bullish. It's better to assume the possibilities rather than being confident on what can be the trend of not being prepared. Neither. The price will recover soon to back towards 12k but we aren't going to go on a massive run back towards 20k anytime soon and it's also not a dead cat bounce because bitcoin is not dead.
Yeah, that seems like the most likely outcome to me.
As i said before, BC won't go down in flames but as the currency matures, it also won't go uo again in such a wild rush as before. Many burnt fingers right now.
Actually I think this is not the point of bounce. Because the signals of trend reversal are absent . But personally it seems like reversal would be at 7K$.
Neither. The price will recover soon to back towards 12k but we aren't going to go on a massive run back towards 20k anytime soon and it's also not a dead cat bounce because bitcoin is not dead.
Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
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