Nice Increase in Price but What Next?? - page 5.

gabbie2010

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Quote from: bitzizzix on January 07, 2020, 09:14:39 AM

Quote from: Divinespark on January 07, 2020, 07:49:49 AM

This is the first price increase from November 2019 to the present. Bitcoin has reached 8000 $ today and is still showing signs of further price increases. If Bitcoin can surpass 8000 $ in the next few days, I believe the price will quickly go up to 10000 $. I have been buying bitcoins since December and so I'm relaxing to see what happens next, once the halving comes I think the Bitcoin price will easily surpass 14k $ and create a new ATH.

The current price of bitcoin is around $ 7,800 more and to break through $ 8,000 in my opinion there is a possibility it will happen this month, it is indeed difficult to predict the current bitcoin movement because bitcoin easily reverses the situation suddenly.
But I am optimistic that bitcoin this year will tend to increase although there are a few more declines but will be more likely to increase and will be different from the previous price.

The price had already breakthrough $8000 and is presently at $8300+ a major indication of bullish market of. course $10K is very attainable this month with way the price is pumping in last few days although the price might experience some minor pullback or retracement however I don't it expect the pullback to be too dip before its continuation upward.

Shinpako09

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If there's a rise, of course there is a fall. That's unavoidable, someone will reach a selling point. There's no such thing as continuous rise. If the price is increasing more than usual, it will fall fast as well. It's good if it hold at some point but if not, still fine, atleast we've seen a rise again since staying in $7k floor. We've got this rise early, if we reached $10k before halving, maybe it's a good sign that something good will happen after that event but then i'm not forgetting on how our expectations always messed up because of volatility.

smyslov

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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.

If you've buying when Bitcoin is trading at $7000 level or even lower, you have a reason to rejoice, you can cash out for profit, or you can hodl a little longer for an additional profit, we should be happy because we finally bridge the $8000, it's lower if you compare it to what experts are expecting, it's now a wait and see if it continue or will pull back, things are getting very interesting now.

dodgrad

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Quote from: mrquackquack on January 07, 2020, 09:10:19 PM

Well we are 8k+ usd

We are almost at $8400 and the train does not slow down. Now it will be the worst moment, because at some point the train will have to slow down. The most difficult question is whether there will be only a small correction and the train will go further, whether there will be a flash crash and we will drop under $7000 Huh

mrquackquack

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Well we are 8k+ usd

hello_good_sir

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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.

I don't think that markets are necessarily ready for $10k yet despite what some people may tell you.

There is likely so more time to go before that becomes a reality. But what is a reality already is the fact that we're experiencing bullishness that hasn't really been experienced for a while, and we've also found support at $7k.

All of that combined imo point towards the inevitable bull run this year. How high it goes no one knows but I think that its likelihood is extremely high.

Theb

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You won't really have a problem with these fluctuations if you have a price target to sell. Having an entry and exit strategy on a trade especially on volatile assets like Bitcoin is something a trader should know if they want to start earning than rather having problems with what will happen next. Aside from that I should highlight the point that the volatility of Bitcoin is something that we don't want to be just on standby since we would just be wasting a lot of opportunity for it, so I think we should actively have a trading plan for our exits and re-entry points.

Oneandpure

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Not only for today bitcoin can increase to higher price but also we need keep continue bitcoin will be higher price and can make achievement with most higher price above $16 where happen last two years. If bitcoin keep stable with higher price maybe altcoin will allow how to raise up with higher and many investment way become success like ICO and IEO.

Mahanton

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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.

Deal with it!

Any markets would really be on this way or behavior yet this only compose by 2 which is buyers and sellers.Therefore, expect for these kind of
movements but the difference on crypto is the volatilibility intensity so we cant really stop nor presume that pumps and dumps wouldn't happen again.We might see sideways movement but doesn't mean it would last long.In any price spikes there would be a significant correction and its an inevitable.At least we do see some recovery came from 3k price which is good, we might not able to see ATH soon but I would prefer on a gradual phase.

Dart18

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You are too pessimistic.

We have also seen 12k which took for a long time.
Yes, it stayed there. The dump didn't happen so fast unlike the year 2017-18 which cannot be forgotten.

This is a good sign. Might as well think that there will be no more cheap price later on. This could be the last.

BigBos

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Quote from: alexsandria on January 07, 2020, 07:20:39 AM

Of course, there's nothing more to expect here than dump. The question here is that how long the pump would take? And how high it will reach? Well, anyway, we have been more relaxed these past few weeks resting around at 7k USD and now price are spiking up, I just felt quite nervous because isn't it early for this to happen?

maybe what you mean is pump. besides, we have actually been in the area of $ 7k for so long, even since 2019. However, right now we are really waiting for a pump that actually carries the price of bitcoin to exceed $ 10k. it has already been passed in 2019, I think this year the pump can more easily reach a higher price than the previous year. Well, then we wait for the price of $ 8k this week.

bitzizzix

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Quote from: Divinespark on January 07, 2020, 07:49:49 AM

This is the first price increase from November 2019 to the present. Bitcoin has reached 8000 $ today and is still showing signs of further price increases. If Bitcoin can surpass 8000 $ in the next few days, I believe the price will quickly go up to 10000 $. I have been buying bitcoins since December and so I'm relaxing to see what happens next, once the halving comes I think the Bitcoin price will easily surpass 14k $ and create a new ATH.

The current price of bitcoin is around $ 7,800 more and to break through $ 8,000 in my opinion there is a possibility it will happen this month, it is indeed difficult to predict the current bitcoin movement because bitcoin easily reverses the situation suddenly.
But I am optimistic that bitcoin this year will tend to increase although there are a few more declines but will be more likely to increase and will be different from the previous price.

Divinespark

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This is the first price increase from November 2019 to the present. Bitcoin has reached 8000 $ today and is still showing signs of further price increases. If Bitcoin can surpass 8000 $ in the next few days, I believe the price will quickly go up to 10000 $. I have been buying bitcoins since December and so I'm relaxing to see what happens next, once the halving comes I think the Bitcoin price will easily surpass 14k $ and create a new ATH.

Fatunad

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Quote from: alexsandria on January 07, 2020, 07:20:39 AM

Of course, there's nothing more to expect here than dump. The question here is that how long the pump would take? And how high it will reach? Well, anyway, we have been more relaxed these past few weeks resting around at 7k USD and now price are spiking up, I just felt quite nervous because isn't it early for this to happen?

alexsandria

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Of course, there's nothing more to expect here than dump. The question here is that how long the pump would take? And how high it will reach? Well, anyway, we have been more relaxed these past few weeks resting around at 7k USD and now price are spiking up, I just felt quite nervous because isn't it early for this to happen?

Lecam

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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.

That is not new every pump of bitcoin expect that there is dump but i think bitcoin once recover the price its continue to go forward. And maybe theres a dump but not a big dump only a little so be positive about bitcoin its already 2020 so think positive so that we will get a good profit once bitcoin will goes up. And many more investor will be happy. Hold and be patience.

Kyraishi

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I'm expecting an adjustment in the near term.

Prices have obviously risen significantly over the past few days but I think that it's going to take a while longer before the bull market actually sets in - people are still reserved and with that kind of sentiment, it is difficult to see any sort of major bullish event happening on the horizon.

Perhaps when we get closer to May, when the halving is, we will see $10k being broken. Right now $8k could be breached but $10k is still a stretch imho.

Wexnident

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A drop. Well, I wouldn't really consider it a drop but rather a consolidation of sorts to let the market agree with the sudden price increase. It only took 4 hrs or so for the price to increase by 5% which no matter how I look lacks a bit of foundation. If it took lets say the entire day for the entire process to happen, I could safely say there and then that there's a high chance of the price staying there, at least for 3 days before making a possible change. As for the price increase today, just looking at its current state from earlier today, it has already dropped by a $100 or so, so I'd guess the market is forcefully accepting the current change.

inanilujimi

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Of course in 2020 it is hoped that the market will rise again at least before halving, the price of bitcoin can reach $ 10k to see Bull return.
For me this is a good sign at the beginning of the year, and let's see where it will go ......

maydna

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What next? Hm, we need to prepare for the next down because we already saw that the price increase higher and almost hit $8000 (or in some exchange the price hit that number). We don't know how higher the price can increase, but for sure, after this increases, the price will adjust to the new level, and usually, the price will go down for a while at the end of the weekend. We hope that the price is not going down lower than the last low price that we already saw because if that happens, the bitcoin price will be difficult to raise again. But if we check on the trend, this week seems the right way for bitcoin price to start increasing, but we still need to be careful with the next things that can occur.

Topic: Nice Increase in Price but What Next?? - page 5. (Read 1166 times)