Nice Increase in Price but What Next?? - page 2.

Reatim

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Quote from: mrquackquack on January 06, 2020, 06:11:42 PM

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still.. What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over 10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range. None the less my friends only time will tell but until then what are some of your thoughts? As usual your thoughts and comments are more than welcome. Thanks again.

it has been weeks that Bitcoin is staying in $8,000 level and yet nothing Big dumping happens.

maybe this is different from the past Bump and Dump situation (but i am not closing the possibilities )hopefully it will stay Longer until halving take over the market.

Quote from: Aikidoka on January 21, 2020, 01:59:06 PM

I think Bitcoin will no longer decrease more in the next few months as in my opinion this year will be good for it, and I think that the price will keep increasing slightly till the having, people should be patient and hold their bitcoins till the next huge increase.

crossing my Fingers on,for this one that Bitcoin will stay pumping even smaller percent daily.

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Quote from: Aikidoka on January 21, 2020, 01:59:06 PM

I think Bitcoin will no longer decrease more in the next few months as in my opinion this year will be good for it, and I think that the price will keep increasing slightly till the having, people should be patient and hold their bitcoins till the next huge increase.

There is more chances for drop in the price over the next few months along with price corrections. We've begun to experience the growth as well as the correction of the market. The same will continue till the days close to halving. The growth can't be stated precisely like other markets. From all that changes taking place over the past few weeks we will get time to invest at a lower price before halving. Good to be prepared for it.

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I think Bitcoin will no longer decrease more in the next few months as in my opinion this year will be good for it, and I think that the price will keep increasing slightly till the having, people should be patient and hold their bitcoins till the next huge increase.

Silberman

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Quote from: mrquackquack on January 06, 2020, 06:11:42 PM

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still.. What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over 10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range. None the less my friends only time will tell but until then what are some of your thoughts? As usual your thoughts and comments are more than welcome. Thanks again.

Bitcoin tried to reach 9000 and since then it suffered a huge correction in a matter of hours and now for what I see it seems the fundamentals are bearish so I'll not be surprised if we see an even bigger correction that brings us back closer to the 8000 level or even below it, right now there is a huge battle at the current levels and that is why the price is not moving much but it seems that the bears have the upper hand and will eventually make the price to go down once again.

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Quote from: dodgrad on January 14, 2020, 08:33:31 AM

Quote from: bitzizzix on January 13, 2020, 11:54:35 PM

And what we see now is the price of bitcoin has reached around $ 8500 more and gradually the movement of bitcoin tends to increase and will approach $ 9,000 and will most likely occur in the near future.
and this is a good start for the movement of bitcoin at the beginning of the year and hopefully bitcoin will continue and continue to increase gradually to reach the highest price.

Of course, the price increase is always very pleasant to watch on the charts. However, in my opinion the price is rising too quickly. This is not a natural increase, but more likely it is pumping prices. I would like to say that this is the beginning of a bull run, but I'm afraid it may still be a bull trap.

there is a possibility that the current market price increase that is so fast is a bull trap, but not necessarily that can be justified because bitcoin will reduce by half, and usually in previous years when bitcoin reduces by half it is likely there will be a sharp increase afterwards

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Quote from: dodgrad on January 14, 2020, 08:33:31 AM

Quote from: bitzizzix on January 13, 2020, 11:54:35 PM

And what we see now is the price of bitcoin has reached around $ 8500 more and gradually the movement of bitcoin tends to increase and will approach $ 9,000 and will most likely occur in the near future.
and this is a good start for the movement of bitcoin at the beginning of the year and hopefully bitcoin will continue and continue to increase gradually to reach the highest price.

Of course, the price increase is always very pleasant to watch on the charts. However, in my opinion the price is rising too quickly. This is not a natural increase, but more likely it is pumping prices. I would like to say that this is the beginning of a bull run, but I'm afraid it may still be a bull trap.

Nothing will be lost from those who invested and bought BTC if this is just a bulltrap unlike those who are trade in margins. The analysis by the users in youtube says that halving FOMO starts very early which is why just right now, investors are coming to buy coins and even altcoins before the price spikes up that they may be able to buy at higher price.

dodgrad

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Quote from: bitzizzix on January 13, 2020, 11:54:35 PM

And what we see now is the price of bitcoin has reached around $ 8500 more and gradually the movement of bitcoin tends to increase and will approach $ 9,000 and will most likely occur in the near future.
and this is a good start for the movement of bitcoin at the beginning of the year and hopefully bitcoin will continue and continue to increase gradually to reach the highest price.

Of course, the price increase is always very pleasant to watch on the charts. However, in my opinion the price is rising too quickly. This is not a natural increase, but more likely it is pumping prices. I would like to say that this is the beginning of a bull run, but I'm afraid it may still be a bull trap.

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And what we see now is the price of bitcoin has reached around $ 8500 more and gradually the movement of bitcoin tends to increase and will approach $ 9,000 and will most likely occur in the near future.
and this is a good start for the movement of bitcoin at the beginning of the year and hopefully bitcoin will continue and continue to increase gradually to reach the highest price.

mrquackquack

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Nice pump in price but will it have enough to break thru to 9k+ usd without falling?

STT

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It could even be 10k viewed from a more distant weekly view presuming a break of final resistance amounts to a larger move possible

Theres more detail within the picture and likely areas of hesitation such as the 200 day average at like 9100.
Have to say its turning into a more bullish look recently though I never expect it to run straight lines like its on a railway track, its more like a monster truck rally :p

DevilSlayer

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Quote from: milewilda on January 12, 2020, 05:27:45 PM

Quote from: styca on January 12, 2020, 03:51:23 PM

Quote from: Wexlike on January 12, 2020, 11:18:11 AM

The chance is always there in a year with a Bitcoin halving. The chances to the upside are much better right now, just don't forget to have some strong hands in the wild swings up which are just ahead of us.

It's certainly true that previous halvings have led to price increases... but each time it happens, the more the expectation it will happen again at the next halving, and so the more likely for it already to be priced in.
Personally I do think there will be a rise, but perhaps not the mega-rise that some people are expecting.

I definitely agree with you about the wild swings, too - those aren't going away any time soon!

Wild swings or slow pace movements then it doesn't matter as long we do see some progress into its price.People are just expecting way too much on things but we cant blame those perceptions yet we have seen in the past on how halving affects the market entirely and that's the thing that cant really be erased on ones mind specially to those who have been in this market for how many years.

We should ignore predictions all over the internet and we should just focus on current price action in the chart. If the price will not go down below $8000, then it means that there are now interested buyers. It is pyschological support so it can considered as major support. If the price will continue to grow, then we should expect that the price of the bitcoin may touch $9000 per each.

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Quote from: crossabdd on January 13, 2020, 09:45:25 PM

such events are common in crypto. rises and dumps are already happening every day. it's just that if hopes for a pump are high, I think this month is uncertain. maybe by the end of this year it could reach $ 10,000 - $ 15,000. in my opinion, currently there are still many whales who want to hoard bitcoin at low prices. so that prices remain falling.

How things gonna change with time isn't known, but looking upon the growth that we've been experiencing it is possible to reach $9000 soon. Before touching the $9000 barrier it seems to have hard price fluctuations, but the same won't take the price fall low to $8000 as the market has gained good resistance at $8000. It won't go till the year end to reach $10000.

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Quote from: crossabdd on January 13, 2020, 09:45:25 PM

such events are common in crypto. rises and dumps are already happening every day. it's just that if hopes for a pump are high, I think this month is uncertain. maybe by the end of this year it could reach $ 10,000 - $ 15,000. in my opinion, currently there are still many whales who want to hoard bitcoin at low prices. so that prices remain falling.

Prices may not move as fast as we were all hoping even halving is about to happen. We can experience the rises and increases this month till before halving but prize upto what amount is still not guaranteed. So while we still have chance to acquire btc before the price escalated then we better accumulate and see whether upto what amount before halving it can reach.

crossabdd

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such events are common in crypto. rises and dumps are already happening every day. it's just that if hopes for a pump are high, I think this month is uncertain. maybe by the end of this year it could reach $ 10,000 - $ 15,000. in my opinion, currently there are still many whales who want to hoard bitcoin at low prices. so that prices remain falling.

milewilda

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Quote from: styca on January 12, 2020, 03:51:23 PM

Quote from: Wexlike on January 12, 2020, 11:18:11 AM

The chance is always there in a year with a Bitcoin halving. The chances to the upside are much better right now, just don't forget to have some strong hands in the wild swings up which are just ahead of us.

It's certainly true that previous halvings have led to price increases... but each time it happens, the more the expectation it will happen again at the next halving, and so the more likely for it already to be priced in.
Personally I do think there will be a rise, but perhaps not the mega-rise that some people are expecting.

I definitely agree with you about the wild swings, too - those aren't going away any time soon!

Wild swings or slow pace movements then it doesn't matter as long we do see some progress into its price.People are just expecting way too much on things but we cant blame those perceptions yet we have seen in the past on how halving affects the market entirely and that's the thing that cant really be erased on ones mind specially to those who have been in this market for how many years.

pixie85

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Quote from: styca on January 12, 2020, 03:51:23 PM

Quote from: Wexlike on January 12, 2020, 11:18:11 AM

The chance is always there in a year with a Bitcoin halving. The chances to the upside are much better right now, just don't forget to have some strong hands in the wild swings up which are just ahead of us.

It's certainly true that previous halvings have led to price increases... but each time it happens, the more the expectation it will happen again at the next halving, and so the more likely for it already to be priced in.
Personally I do think there will be a rise, but perhaps not the mega-rise that some people are expecting.

I definitely agree with you about the wild swings, too - those aren't going away any time soon!

Who's there to say that if something is unexpected it will happen and when it's expected it won't?

Bitcoin pumps did not happen because they were unexpected but because there were some extraordinary circumstances surrounding them like in 2013 Mt.Gox bot was pumping the price and in 2017 there was a mix of futures + etf hype and probably some influence of USDt.

styca

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Quote from: Wexlike on January 12, 2020, 11:18:11 AM

The chance is always there in a year with a Bitcoin halving. The chances to the upside are much better right now, just don't forget to have some strong hands in the wild swings up which are just ahead of us.

It's certainly true that previous halvings have led to price increases... but each time it happens, the more the expectation it will happen again at the next halving, and so the more likely for it already to be priced in.
Personally I do think there will be a rise, but perhaps not the mega-rise that some people are expecting.

I definitely agree with you about the wild swings, too - those aren't going away any time soon!

jhonjhon

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Quote from: asus09 on January 12, 2020, 08:58:51 AM

Quote from: bitcoindusts on January 12, 2020, 07:44:17 AM

Quote from: kotajikikox on January 12, 2020, 05:03:39 AM

Quote from: mrquackquack on January 06, 2020, 06:11:42 PM

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still.. What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over 10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range. None the less my friends only time will tell but until then what are some of your thoughts? As usual your thoughts and comments are more than welcome. Thanks again.

well it has been two weeks now and the market is showing some good stuffs like trying to be strong in $8,000 value.

we are almost 4 and 1/2 months to go before Bitcoin Halving and if this stabilizing continues to happen>?there is no doubt that we will be facing an early bull run this year.

I hope so, and this increase is not some bull trap. We have lots of articles on the internet regarding Bitcoin going to 5 digits. I'm so into seeing it happen soon. This increase of Bitcoin from $7k to 8k+ this early of the year is a good sign, plus the halving that will happen soon, there is no denying that Bitcoin started strong this year and hoping that the next run of Bitcoin will bring it to $15k then all the way to breaking ATH.

I hope early on next month bitcoin could raise above $10k for giving chance to other altcoin back to higher price, when bitcoin back above $10k maybe could give chance for many holder get motivate for keep holding and trading with bitcoin or altcoin again, but when bitcoin down many altcoin must wait in lower price.

We still can’t truly say that, the price this started strong at $8000 and it shows a very positive trend but regardless of how it moves now there is still a possibility that it will go down even more. Though it is still many days after next month, many things can still happen and I just hope it will be for the best.

Wexlike

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Quote from: 3la9l_kolbaCa on January 12, 2020, 10:29:31 AM

Bull trap or not, we must still have to control ourselves despite of having no assurance to gain a good profit this month. For most people who still holds digital asset, the chance is always there for us. Just believe in yourself that there's nothing imposible as long as you staying positive with your ideas that the market will soon overcome different hindrances and then acquire the best price in history.

The chance is always there in a year with a Bitcoin halving. The chances to the upside are much better right now, just don't forget to have some strong hands in the wild swings up which are just ahead of us.

styca

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A big price rise is good for the speculators, but it means little unless it can be sustained. Personally I'd rather see a steady rise to $10k to build some solid support rather than a crazy fomo leap to $15k that is then likely to dump again.
Part of the reason the 2018 bear went so low was that no support levels had been built into the rise.

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