Now Lot of things to focus on BTC!! - page 2.

michellee

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Unfortunately, bitcoin price has got a big dump in a few hours ago, and I guess that makes people panic because they don't expect to see bitcoin price is down deep. The panic happens in my WhatsApp group Grin

Some of my friends don't think that bitcoin price will go down. But it was back to $9,400 level, and that is happening now. So that is why we need to still be careful in the next few hours, but we also need to prepare if the price can bounce to the $10k again.

Finestream

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Quote from: Lasky366 on May 29, 2020, 09:44:36 AM

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

I like to see that, altcoins has been struggling and just following the shadow of bitcoin but I guess even if bitcoin will be stable but at this level only, it would still not drive the pump of altcoins, we need to see bitcoin pumping more and reach a price close to its ATH and if possible to reach a new ATH.

For me, I believe that's the only way we will see the altcoins will rise....

Altcoins in overall are not profitable for the past 2 years already, if they will recover at least 75% of their ATH, I think that would mean a party in the crypto space again and we might probably see a new FOMO again.

Lasky366

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Quote from: michellee on June 02, 2020, 03:58:37 AM

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

keep an eye on btc volume. 10.5k is a strong resistance. Volume should be high, then it will be broken. after that btc can touch $11k.

but now, volume that are generating are not that much satisfying. that's why btc can make a correction to 9850 to 9500 (60% chance) in this week .

carlisle1

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Quote from: michellee on June 02, 2020, 03:58:37 AM

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now.

If the price stays at least 1 week or increased in the next days?then we are in good chance of increasing continuously.

this is almost the same what happen in 2016 when the effect of halving felt in 2017 not in the year when it happens so basically we will be in waiting time now,so Keep the holdings guys and be ready for the Run.

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But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin.

Yeah it can for sure if the price established this position at 5 digits for the next weeks.

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Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

we have already correction last march so there is nothing that we expect unless we cross the 12k$ mark then yeah correction might happen again before the true Bull run starts.

michellee

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It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

Lasky366

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Quote from: Lasky366 on May 31, 2020, 01:45:00 AM

Quote from: Lasky366 on May 29, 2020, 09:44:36 AM

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k.

Strong support zone at 8.5k. This level has been supporting BTC for the last one month If it brakes plus the triangle brakes downwards the target is 7.5k-7k.

Let's see what happen next 👀👀

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

At the time of making this post BTC now hit almost 10500$ Price was stable for about 4 days As a result, we have noticed a very good pump of ALT CoinBTC dumped from 9750$ to 9370$ Then pump like 1000$ |So what would you expect now?let me know your thoughts

lumeire

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Quote from: danherbias07 on June 01, 2020, 10:36:00 AM

Quote from: Lasky366 on May 29, 2020, 09:44:36 AM

If BTC is stable, ALTCOIN will pump

I doubt this will happen for a long time.
BTC had been stable for many occassions and it takes months before it jumped again and yet altcoisn are still slow to move.

Best case would just be to be pulled by the pump of bitcoin than looking for a chance with another stable year.

Major move in altcoin market is always after the pump of bitcoin, first bitcoin pumps and after it stabilizes at a point then altcoins start pumping in terms of both bitcoins and USD also. Till now there isn't any sign of a pump in bitcoin price, even this price range of $9.6k is pretty uncertain and anything can happen now, bitcoins can again drop to mid $8k or can push higher to go to $10k and beyond. The chances of happening of the latter is quiet high in my opinion.

TheGreatPython

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It is not really that easy to break the wall, it is possible and it takes couple tries but the thing is if the market is not breaking the wall that easily, it means we are not doing that well neither. The difference between being at 9k and trying to go to 10k and failing 3 times but succeeding on 4th and somehow being at 9k and just going to 12k in one try is the simple fact that bull run doesn't wait, so the second one is a good bull run whereas the first one is just an expected increase that is not surprising to anyone.

In order to make a lot of profit very quickly, we need the second kind, in order to make regular investments we need both, there is no way anyone needs the first one. Plus when it tries and fails many times, that shows sellers that buys have weak hand, that means of a short future buyer manages to sell bunch of bitcoin all at once we could drop a lot and make them money as well, so they are going to test it if we fail one more time.

danherbias07

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Quote from: Lasky366 on May 29, 2020, 09:44:36 AM

If BTC is stable, ALTCOIN will pump

I doubt this will happen for a long time.
BTC had been stable for many occassions and it takes months before it jumped again and yet altcoisn are still slow to move.

Best case would just be to be pulled by the pump of bitcoin than looking for a chance with another stable year.

kotajikikox

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Quote from: Desscount on June 01, 2020, 06:54:57 AM

Quote from: goaldigger on May 31, 2020, 04:36:27 PM

We are just waiting for bitcoin to break the wall on top and if we are able to go beyond $10k level then expect a good trend again with a great volume. We are stable for quiet a month now and it is still good to stay on $8k - $9k level, if this trend continues then altcoins have a chance to pump high while bitcoin is resting for a while. We can still break the walls on this 2nd quarter, let’s hope for that.

Bitcoin should really be resting at this time because Altcoin hasn't been doing good for 3 years,
even though there are some Altcoins that Pump I feel it's not entirely good

Seriously?Bitcoin will rest because altcoins are moving up?and what 3 years of altcoins are going top against bitcoin?stop joking because it is an obvious wrong approach.

Bitcoin will rule the market and without this currency altcoin will remain below so that 3 years you are mentioning is the Bitcoin dominance and movement why even shitcoins are in good shape now so dont mislead people because there is no such thing as Bitcoin will rest and altcoin will dominate .

arwin100

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Quote from: Smitty Werben Man Jensen on May 31, 2020, 08:00:43 AM

Quote from: Nazmul012 on May 31, 2020, 03:04:18 AM

Quote from: Lasky366 on May 31, 2020, 01:45:00 AM

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

Bitcoin will be stable at $ 9500 in a few months, and altcoin will be given full space this time,
have you checked the marketcap of Altcoin ?, the upward trend is being done, we will see altcoin going up again

The chance for altcoin to drive up is long but we still don't know on what will happen unto it since there are so many things needed to watch for and although bitcoins will stable to 9500 but I don't think it will sustain but lets just monitor the market to see if the price would go up or down since there are so many speculation are coming but there are certain factors that brings bitcoin in a good phase so maybe we can see a pump if theirs something good will happen in 4th quarter.

Desscount

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Quote from: goaldigger on May 31, 2020, 04:36:27 PM

We are just waiting for bitcoin to break the wall on top and if we are able to go beyond $10k level then expect a good trend again with a great volume. We are stable for quiet a month now and it is still good to stay on $8k - $9k level, if this trend continues then altcoins have a chance to pump high while bitcoin is resting for a while. We can still break the walls on this 2nd quarter, let’s hope for that.

Bitcoin should really be resting at this time because Altcoin hasn't been doing good for 3 years,
even though there are some Altcoins that Pump I feel it's not entirely good

goaldigger

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We are just waiting for bitcoin to break the wall on top and if we are able to go beyond $10k level then expect a good trend again with a great volume. We are stable for quiet a month now and it is still good to stay on $8k - $9k level, if this trend continues then altcoins have a chance to pump high while bitcoin is resting for a while. We can still break the walls on this 2nd quarter, let’s hope for that.

tbterryboy

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Yeah, stable price is more likely scenario right now. When the price goes to 8.8k and goes up to 9.5k people think that it is a bull run but that short of an increase is not really a bull run, it is just a short spike that doesn't really mean anything. The "stable price" understanding of some people is 100 dollars up or down, that is not stable, that is stagnant, stable is more like 500 dollars up or down movements.

Still not 2k or something, it is still not HUGE changes, it is still a decent 500 dollars though, not 50 bucks. So between 8.9k and 9.4k which we will see plenty of in the near future, it is going to move up and down and be stable. Will it go down after that or will it go up after that? I don't really know, and I hope we will figure it out in the end that it will go up, that would be much better for us investors.

Smitty Werben Man Jensen

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Quote from: Nazmul012 on May 31, 2020, 03:04:18 AM

Quote from: Lasky366 on May 31, 2020, 01:45:00 AM

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

Bitcoin will be stable at $ 9500 in a few months, and altcoin will be given full space this time,
have you checked the marketcap of Altcoin ?, the upward trend is being done, we will see altcoin going up again

Nazmul012

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Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

Lasky366

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Quote from: Lasky366 on May 29, 2020, 09:44:36 AM

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k.

Strong support zone at 8.5k. This level has been supporting BTC for the last one month If it brakes plus the triangle brakes downwards the target is 7.5k-7k.

Let's see what happen next 👀👀

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

maydna

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Quote from: Kelvinid on May 30, 2020, 06:38:15 PM

We have a new market pump today, but I think this won't be a continual increase and probably it drops back again in a while. But we have witnessed a strong market gain of some altcoins and this makes me think that Bullish could something be near. If we break the $10k resistance, the possibility of continuous market pumps will soon happen. But I know it wasn't going to be straight high, a roller coaster alike still the looks of the market we are going to see. We could probably see a zigzag line.

I guess that is not so high, but it is enough to book some good profit Grin

And now, the price is back to $9,500 level price, but it seems, the price wants to get another moment to back to increases again so perhaps, tomorrow will be a good day to see the price will be back at $9,600 level price. But we need to be prepared if the price can not break $9,600, especially if there are some big order that can dump the price to the lower price. Make sure you are ready with your money to buy bitcoin at a lower price and don't miss that chance. Set the alarm will be a good way to know when the price is down.

Kemarit

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Quote from: Kelvinid on May 30, 2020, 06:38:15 PM

We have a new market pump today, but I think this won't be a continual increase and probably it drops back again in a while. But we have witnessed a strong market gain of some altcoins and this makes me think that Bullish could something be near. If we break the $10k resistance, the possibility of continuous market pumps will soon happen. But I know it wasn't going to be straight high, a roller coaster alike still the looks of the market we are going to see. We could probably see a zigzag line.

Yes, it seems that the market bounce back, a few hours ago, the price is hovering around $9400, but it suddenly goes up to $9600 and Ethereum has a good pump, reaching $240 which is very strange. Anyways, I still don't think that we have the alt season, they are still dependent on Bitcoin price movement. It will be interesting to see how this sudden spike will go, if we break $10,000 then that's a bit accomplishment after the halving. The thing is that the five digits is really hard to sustain for now.

Kelvinid

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We have a new market pump today, but I think this won't be a continual increase and probably it drops back again in a while. But we have witnessed a strong market gain of some altcoins and this makes me think that Bullish could something be near. If we break the $10k resistance, the possibility of continuous market pumps will soon happen. But I know it wasn't going to be straight high, a roller coaster alike still the looks of the market we are going to see. We could probably see a zigzag line.

Topic: Now Lot of things to focus on BTC!! - page 2. (Read 849 times)