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Topic: Overall view of why April is crucial for crypto (Read 210 times)

full member
Activity: 651
Merit: 101
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April I think it can serve as a gateway for crypto to experience price changes. I hope when the month of April the price of coins can be high again and still can have a positive trend until the end of 2018.
full member
Activity: 479
Merit: 103
yeah the week chart looks like price is just starting to fall. It sucks because I'm at a loss since 10,000 and I don't seem to understand how to cover losses instead of letting everything keep falling and falling. I thought 9,000 was already pushing it, then 8,000 and just when it seems 8,000 is already holding properly, 7,000 is going to come in no time so it's always hard to accept and figure out what prices are key levels to actually take a decision.

Be patient and you may have to tell us what you feel when it touches 5000 Smiley
I agree this month is crucial, perhaps even this week: we are at a crossroad, either the market is reversing or we are in a bulltrap. I am afraid the latter is true.
full member
Activity: 966
Merit: 153
April is important in cryptocurrency because it has gradually increased. It's going to be a lot of investors. thanks.

We can't be so sure if there will be so much investors this April cause we dont really know the turn Cryptocurrency particularly bitcoin; its just unpredictable. Every month is important to cryptocurrency and not just Apirl. If there will be less FUD and probably more FOMO then this month will better than the three previous months this year.
hero member
Activity: 980
Merit: 506

Funny to read, but getting more serious now, I don't think April will be crucial for for crypto. Even if we stay the hole year on a a bear trend, it wont be decisive for crypto. We already had 2 years like this one, and then we just came back for ATH. Right now we will only recover with real adoption, because awareness of bitcoin already happen, and crypto mania ia over, with a lot of people getting burned in the process.

Bitcoin has amazing value, and soon will be able to have real use, since it's scalability problems are being solved. We still have a lot of other problems to sove, such as regulatory problems, and user interface problems (because BTC is not easy to use for the average user). Once all that happens, and adoptions starts, bitcoin will boom again. It can even go to $1k again, although I doubt that, but it wont be stopped.

yeah adoption is organic demand and it seems the only demand crypto has been getting for the past few months is from speculators. We definitely need that organic demand to stabilise the price.
Since the start of this year, things were not in very much favor of the crypto coins and the entire crypto market was falling and that the rates of most of the crypto coins were getting too low. Since past few days, we have started experiencing a positive change in the crypto market and that there is a slight change in the prices of the crypto coins which is a very good news and that we need to keep on holding our coins for more better earning.
sr. member
Activity: 868
Merit: 279
An interesting analysis with nice drawing lol. "But for now, short term important prices are 10,283, 12,243, 13620 up and 6,800, 5900 and 5,300 down" Well you maybe right when price fall to 7k again. So i hope in short term price will reach 12k again

thanks. 6,800 proved to be very solid for this bounce. We'll see what happens when those EMAS try to change direction. I'm still thinking this bounce is just to let them fall more so we can get that 50 EMA to touch the 200 and see what happens there.
legendary
Activity: 3640
Merit: 1209
Reading up on the link. One thing that do puzzles me on which regarding to this question.

What do you think the snake will do? Haha


Yes, the link without the text also made me laugh. But if you look properly at bitcoin's charts in a past few years, you can really notice a certain pattern - bitcoin's price starts to increase in April.
member
Activity: 294
Merit: 10
April is important in cryptocurrency because it has gradually increased. It's going to be a lot of investors. thanks.
sr. member
Activity: 520
Merit: 250
You should have put a tree there so that the snake will climb.  Grin
People are hoping for that so it might help make them positive. I bet the holders are the one left in the bitcoin technology that is why it is resisting to go further down. Panic holders might have sold their coins already with the fear of going to zero which is highly impossible.

Don't really know where this will go but I will put my bets on bitcoin and let it stay there.
Don't panic when we know that we invested in the right coin, almost all crypto at a lower price but doesn't mean we're already at lose, there will come a time it will all rise again as long as its a good coin.
legendary
Activity: 3346
Merit: 1134
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You should have put a tree there so that the snake will climb.  Grin
People are hoping for that so it might help make them positive. I bet the holders are the one left in the bitcoin technology that is why it is resisting to go further down. Panic holders might have sold their coins already with the fear of going to zero which is highly impossible.

Dont really know where this will go but I will put my bets on bitcoin and let it stay there.
sr. member
Activity: 742
Merit: 255
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i think price of all coin are coiming to there origanl price from there they are pumped up and then i am hared belive that btc will touch this year 30k$
It is impossible to predict the crypto market. Because number of coins are available in the market so we don't think all the coins are recovering in original price. But top growing coins are reached in the good position so we should expect more than 30k USD is possible in end of this year. Everything is decide to current situation so we should wait and see the market.
hero member
Activity: 896
Merit: 520
Not just based on some analysis, but based on the field and the news, it almost you can feel it in the air, the intense pressure and the anticipation, people and i am sure that investors have been holding their patience as they see the price of bitcoin gradually going down and see they money and investments going down with it, and if things continue to go bad it might get even worse and we start to see bitcoin really taking a hit, but we always have hope and we should all stay positive and be wise about our decision so we don't make thing worse than they are.

Actually today it shows little bump in the market but you are saying that bitcoin dumping down. These kind of words only make the people think bad about the crypto currencies and investors will migrated to fist cash again.
Real fact may people mentioning that bitcoin value will be bumped in the market.
Many experts saying that bitcoin will be touched more than 90k USD in some years.
sr. member
Activity: 1414
Merit: 283
Not just based on some analysis, but based on the field and the news, it almost you can feel it in the air, the intense pressure and the anticipation, people and i am sure that investors have been holding their patience as they see the price of bitcoin gradually going down and see they money and investments going down with it, and if things continue to go bad it might get even worse and we start to see bitcoin really taking a hit, but we always have hope and we should all stay positive and be wise about our decision so we don't make thing worse than they are.
full member
Activity: 798
Merit: 109
https://bmy.guide
Good job OP how creative you are I can't imagine that we can do animal graphics design in price chart movement.
I don't have any idea on speculation or whatever prediction price in all cryptocurrencies.
But, for sure I could think that they have all volatile characteristics that every now and then the price will back to normal again.
Those media bloggers and writers that making FUD news regarding bitcoin who feeding by the bank to destroy bitcoin must be stopped.
full member
Activity: 1736
Merit: 121
As a very key important price, there's a lot of attraction to 6,800. A double bottom is the only thing that can save crypto now and that would only work if we come back above 7,100.


Haha... I dont think that double buttom will be a sign for a reversal trend. If we see a double buttom candle, I have to wait for the next two candles to determine what trend is coming, I wont just dive in. Nope, I won't.
sr. member
Activity: 770
Merit: 253
If you are really a fan of cryptocurrency you must also know that there are also people who are not in favor of it just like china and banks so they will spread negative news that will lead you to confusion but if  you will just focus here you will learn and believe that  is worth investing and holding at.
jr. member
Activity: 287
Merit: 6
An interesting analysis with nice drawing lol. "But for now, short term important prices are 10,283, 12,243, 13620 up and 6,800, 5900 and 5,300 down" Well you maybe right when price fall to 7k again. So i hope in short term price will reach 12k again
sr. member
Activity: 868
Merit: 279

Funny to read, but getting more serious now, I don't think April will be crucial for for crypto. Even if we stay the hole year on a a bear trend, it wont be decisive for crypto. We already had 2 years like this one, and then we just came back for ATH. Right now we will only recover with real adoption, because awareness of bitcoin already happen, and crypto mania ia over, with a lot of people getting burned in the process.

Bitcoin has amazing value, and soon will be able to have real use, since it's scalability problems are being solved. We still have a lot of other problems to sove, such as regulatory problems, and user interface problems (because BTC is not easy to use for the average user). Once all that happens, and adoptions starts, bitcoin will boom again. It can even go to $1k again, although I doubt that, but it wont be stopped.

yeah adoption is organic demand and it seems the only demand crypto has been getting for the past few months is from speculators. We definitely need that organic demand to stabilise the price.
legendary
Activity: 1694
Merit: 1005
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Funny to read, but getting more serious now, I don't think April will be crucial for for crypto. Even if we stay the hole year on a a bear trend, it wont be decisive for crypto. We already had 2 years like this one, and then we just came back for ATH. Right now we will only recover with real adoption, because awareness of bitcoin already happen, and crypto mania ia over, with a lot of people getting burned in the process.

Bitcoin has amazing value, and soon will be able to have real use, since it's scalability problems are being solved. We still have a lot of other problems to sove, such as regulatory problems, and user interface problems (because BTC is not easy to use for the average user). Once all that happens, and adoptions starts, bitcoin will boom again. It can even go to $1k again, although I doubt that, but it wont be stopped.
hero member
Activity: 966
Merit: 501
Reading up on the link. One thing that do puzzles me on which regarding to this question.

What do you think the snake will do? Haha

I don't even know on whats the next move.


Checking out with those image it is really a good technical analysis specially on death cross but I don't see we would really end up early.We might able to form base on those technical aspects but I do believe on bitcoins capability.
I'm not very experienced in predicting the diagram ,, but now we have surpassed death cross ,, then what next should we do ?? I think this will be something really bad for bitcoin .. is it possible that bitcoin will continue to fall? do we have to stay against this? I have found losses of up to 30% to this day
newbie
Activity: 57
Merit: 0
i think price of all coin are coiming to there origanl price from there they are pumped up and then i am hared belive that btc will touch this year 30k$
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