Quote me on that - It has started. | Bitcointalksearch.org

cryp24x

sr. member

Activity: 1190

Merit: 253

Quote from: Zubilica2 on April 12, 2018, 07:16:16 AM

It is going to be a slow rise.

Many prefer to have it that way, as long as it will rise up again and regain it's the highest position and beyond last year. Most of the hodlers hodl their coins in a very long period of time and waiting for the Bitcoin o rise up and overcome all the FUD that all the whales have created.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: candolbitcoin214 on April 25, 2018, 10:50:07 AM

Quote from: ?? on ??

I do think we will see $9,000 again shortly, I think it had been a rough period and then a floor was obviously built and steady and it wasnt going below. Now the big boys who know how to play this market are going for the rise.

You are very right it has reach 9200k and the month of April is still rolling. I think it will continue to rise and before the end of April we will reach 10k. I hope this price will continue to rise and bull out!

Not gonna happen this april dude. Though this month should be a good start for recovery. A bull run perhaps is not yet in the making but with the market coming alive again, i'm contented with it's movement. 10k, if it comes, would probably be mid may.

starblocks

hero member

Activity: 1344

Merit: 502

Since it has started to recover solidly from the ~$6,500 lows its possible that we could see a return to previous highs this year but $50,000 still seems a little out of reach

It is sticking closely so far to this forecast: https://www.cnbc.com/2018/04/24/the-man-who-called-the-bitcoin-bottom-now-sees-this.html

candolbitcoin214

newbie

Activity: 111

Merit: 0

Quote from: ?? on ??

I do think we will see $9,000 again shortly, I think it had been a rough period and then a floor was obviously built and steady and it wasnt going below. Now the big boys who know how to play this market are going for the rise.

You are very right it has reach 9200k and the month of April is still rolling. I think it will continue to rise and before the end of April we will reach 10k. I hope this price will continue to rise and bull out!

asidamani

newbie

Activity: 63

Merit: 0

Quote from: Zubilica2 on April 17, 2018, 06:44:25 AM

Quote from: asidamani on April 17, 2018, 03:11:06 AM

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I think the bottom has reached. But the price rise will be slower than last year. The peak is around $50,000 later this year.

50 k is too wild for me, my prediction was that bottom was reach and from now on we are slowly moving in bullish trends.
An healthy approach/prediction will be a slow consolidation/demand/rise over a long period of time.
Anyhow this was never the case in crypto with was always influenced by FUD or FOMO.

p.s. but factors like -> " BOLT #11: Invoice Protocol for Lightning Payments moving from QR to NFC" for example, can have a huge impact on overall crypto markets.

Tim Draper think price will be $250,000 in 2022. So it is possible the price will reach $50,000 later this year.

Zubilica2

jr. member

Activity: 98

Merit: 1

I found this funny thou , current price is in charts for a growth of 1 mil/BTC till the end of 2020

)

https://fnordprefekt.de/

drachman

sr. member

Activity: 756

Merit: 252

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

Well a slow growth has began, so you were right about that but we do not know if this growth is going to take us to the moon I am kind of doubtful that will happen so soon, it is more likely that we are going to see a slight decrease in prize and then the price will become more stable for some time until we get good news that could make the market skyrocket.

doycku

full member

Activity: 560

Merit: 100

Quote from: exstasie on April 17, 2018, 12:56:43 PM

Quote from: tora on April 17, 2018, 12:47:05 PM

I certainly looks like we are getting more green days than red days. Top ten in coinmarketcap all showing small positive increase today.

It certainly looks like a local bottom. But we're still below the 1-week 20MA and the 1-day 200MA, which historically is bearish, if we're looking at the big picture. We could see significant bounces across the market and still be in a larger bear market. It's definitely a time to stay on your toes and take profit on your positions (as opposed to always letting winners run). Chances are high that we are either in a range market or a bear market.

I hope that the situation will already stabilize and we will only see the green light on the market. Although Perhaps we do not know what plans big whales have, which always manipulates the market.

Zubilica2

jr. member

Activity: 98

Merit: 1

Quote from: klasik1980 on April 12, 2018, 01:21:22 PM

let's see if this continues, or it's just another zader to drive out the lambs, and then immediately lower the price, thereby knocking out bitcoins more cheaply on a panic

Still think that ?

Back to back weeks of bullish patterns . Slowly but surely and steady

)

Zubilica2

jr. member

Activity: 98

Merit: 1

The bullish crossover between the 50-day moving average (MA) and the 200-day MA favors the bulls

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: tora on April 17, 2018, 12:47:05 PM

I certainly looks like we are getting more green days than red days. Top ten in coinmarketcap all showing small positive increase today.

It certainly looks like a local bottom. But we're still below the 1-week 20MA and the 1-day 200MA, which historically is bearish, if we're looking at the big picture. We could see significant bounces across the market and still be in a larger bear market. It's definitely a time to stay on your toes and take profit on your positions (as opposed to always letting winners run). Chances are high that we are either in a range market or a bear market.

tora

member

Activity: 532

Merit: 13

I certainly looks like we are getting more green days than red days. Top ten in coinmarketcap all showing small positive increase today.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: asidamani on April 17, 2018, 03:11:06 AM

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I think the bottom has reached. But the price rise will be slower than last year. The peak is around $50,000 later this year.

WHAT??
Last year, mid of june, price was close to $3000! 6 months later we are at alomost $20k! That's a rise of ~$17k!
And now you wanna tell me a rise from $8000 to $50k in 8 months ($42k!) would be slower or less wild??
You must be kidding! Cheesy

Zubilica2

jr. member

Activity: 98

Merit: 1

Quote from: asidamani on April 17, 2018, 03:11:06 AM

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I think the bottom has reached. But the price rise will be slower than last year. The peak is around $50,000 later this year.

50 k is too wild for me, my prediction was that bottom was reach and from now on we are slowly moving in bullish trends.
An healthy approach/prediction will be a slow consolidation/demand/rise over a long period of time.
Anyhow this was never the case in crypto with was always influenced by FUD or FOMO.

p.s. but factors like -> " BOLT #11: Invoice Protocol for Lightning Payments moving from QR to NFC" for example, can have a huge impact on overall crypto markets.

asidamani

newbie

Activity: 63

Merit: 0

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I think the bottom has reached. But the price rise will be slower than last year. The peak is around $50,000 later this year.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: Zubilica2 on April 16, 2018, 03:48:48 AM

Quote from: buwaytress on April 16, 2018, 03:07:29 AM

OP, I wouldn't be so bold, even if you've already collected 60 activity points, to throw away a 2-month old account if your prediction doesn't come through would still be a waste of resources Wink

The long bull started years ago, and even if you consider the periods of spikes Bitcoin's had over the past five years, last year was just demonstrative of that pattern.

Should really stop thinking in terms of weeks and months, and stop the fixation on price. Focus instead on how far the tech has come and continues to grow. I've only been using Bitcoin properly for a year and a half and the changes I've experienced are nothing short of amazing. It excites me to see its usage evolve, excites me to see how many more ways I can use it. You should get excited about that too.

Unrelated to this topic.

This may seem to be my new account, so am giving it my all .

old one - > hacked , reported to mods (passed a few months now , nothing happen) https://bitcointalksearch.org/user/zubilica-51664

Sorry. I obviously meant that as a joke... in probably unclear reference to all the accounts who make bold predictions only to slink away into the shadows when things/markets/prices don't go their way. Didn't mean to poke fun at you in a bad way, hope you got that.

Guess my point is that, pretty pointless to claim credit for bold predictions. You either make it (eventually) or you don't. And that doesn't really increase your standing as a "Bitcoin price expert". They've got a saying in journalism that you're only as good (or bad) as your last story. I see it the same way for traders.

Zubilica2

jr. member

Activity: 98

Merit: 1

Quote from: buwaytress on April 16, 2018, 03:07:29 AM

OP, I wouldn't be so bold, even if you've already collected 60 activity points, to throw away a 2-month old account if your prediction doesn't come through would still be a waste of resources Wink

The long bull started years ago, and even if you consider the periods of spikes Bitcoin's had over the past five years, last year was just demonstrative of that pattern.

Should really stop thinking in terms of weeks and months, and stop the fixation on price. Focus instead on how far the tech has come and continues to grow. I've only been using Bitcoin properly for a year and a half and the changes I've experienced are nothing short of amazing. It excites me to see its usage evolve, excites me to see how many more ways I can use it. You should get excited about that too.

Unrelated to this topic.

This may seem to be my new account, so am giving it my all .

old one - > hacked , reported to mods (passed a few months now , nothing happen) https://bitcointalksearch.org/user/zubilica-51664

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

OP, I wouldn't be so bold, even if you've already collected 60 activity points, to throw away a 2-month old account if your prediction doesn't come through would still be a waste of resources Wink

The long bull started years ago, and even if you consider the periods of spikes Bitcoin's had over the past five years, last year was just demonstrative of that pattern.

Should really stop thinking in terms of weeks and months, and stop the fixation on price. Focus instead on how far the tech has come and continues to grow. I've only been using Bitcoin properly for a year and a half and the changes I've experienced are nothing short of amazing. It excites me to see its usage evolve, excites me to see how many more ways I can use it. You should get excited about that too.

Zubilica2

jr. member

Activity: 98

Merit: 1

This looks good

klasik1980

full member

Activity: 434

Merit: 103

Quote from: vintages on April 13, 2018, 10:39:31 AM

Quote from: fabiorem on April 12, 2018, 07:44:13 AM

We need to reach 8k first to confirm the double bottom.

Last time it didnt reach 8k and we had a bull trap.

I agree with you. We shouldn't rush it and our expectations shouldn't be high either. Two weeks ago, many of us here were expecting this exact figure, but alas, the price shame them and went back to $6k. Something like that is likely to happen again. It's not like I'm saying it can't be possible, but lets not over expect things. Remember, cryptos are unpredictable.

According to the analyst AMarkets Artem Deev, such leaps are absolutely normal for financial assets. Events that could affect the price bitcoin, recently did not happen.

vintages

full member

Activity: 966

Merit: 153

Quote from: fabiorem on April 12, 2018, 07:44:13 AM

We need to reach 8k first to confirm the double bottom.

Last time it didnt reach 8k and we had a bull trap.

I agree with you. We shouldn't rush it and our expectations shouldn't be high either. Two weeks ago, many of us here were expecting this exact figure, but alas, the price shame them and went back to $6k. Something like that is likely to happen again. It's not like I'm saying it can't be possible, but lets not over expect things. Remember, cryptos are unpredictable.

rizkyhiw

legendary

Activity: 1484

Merit: 1004

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I consider this rise to happen soon to be optimistic in response to something, but now there are so many opportunities to continue growing that any speculation does not guarantee that it happens, tends to the market slowly rise from the lowlands to the highlands, the rapid increase I think it means bitcoin shows maturity every day, whatever happens to be calm in the face of every movement always optimistic do not do stupid things that can harm the bitcoin or harm yourself, one day will definitely return to the moon.

thecodebear

hero member

Activity: 2240

Merit: 848

Quote from: Zubilica2 on April 13, 2018, 08:47:59 AM

Quote from: Swenna on April 13, 2018, 08:41:33 AM

Quote from: Zubilica2 on April 13, 2018, 02:54:24 AM

Well as we are speaking , we are trending above 8k , I truly expected a slow rise but bulls are anxious to start trading.

Aside from that, seeing the fast rate increase in bitcoin, many investors may have been attracted and started investing. It is going up too fast that it is in fact, quite scary. I'll wait for at least three to seven days before assuming the best, that this is indeed a trend. If not, then people will soon begin dumping again.

Going up fast is not that scary, in this falling wedge situation .

If this is confirm (falling wedge) - > reversing back to 12-14k, will be in less than 1-2 weeks.

The healthy long therm situation will be ->> The bottom to be consolidated for a few weeks and then advanced further on increased volume again.

Woah woah it's not gonna double or more in price in 1-2 weeks. It's not like we're in a bull market and coming off the end of a 1 week crash. We're coming out of a 4 month significant crash. $12-14k is more realistic for June - August. Most people are not gonna get interested in bitcoin again until it gets back to the heights of December, which means it will slowly over the course of a bunch of months, build back a solid base to the height of last years mania and then FOMO will go crazy again like it did last year. Look at 2014-2016 for a comparison, but just realize due to not having a Mt. Gox and Bitcoin awareness now being in the mainstream the reversal from bear to bull market will happen much faster than that. But not in a few weeks.

Zubilica2

jr. member

Activity: 98

Merit: 1

Quote from: Swenna on April 13, 2018, 08:41:33 AM

Quote from: Zubilica2 on April 13, 2018, 02:54:24 AM

Well as we are speaking , we are trending above 8k , I truly expected a slow rise but bulls are anxious to start trading.

Aside from that, seeing the fast rate increase in bitcoin, many investors may have been attracted and started investing. It is going up too fast that it is in fact, quite scary. I'll wait for at least three to seven days before assuming the best, that this is indeed a trend. If not, then people will soon begin dumping again.

Going up fast is not that scary, in this falling wedge situation .

If this is confirm (falling wedge) - > reversing back to 12-14k, will be in less than 1-2 weeks.

The healthy long therm situation will be ->> The bottom to be consolidated for a few weeks and then advanced further on increased volume again.

Swenna

full member

Activity: 364

Merit: 106

Quote from: Zubilica2 on April 13, 2018, 02:54:24 AM

Well as we are speaking , we are trending above 8k , I truly expected a slow rise but bulls are anxious to start trading.

Aside from that, seeing the fast rate increase in bitcoin, many investors may have been attracted and started investing. It is going up too fast that it is in fact, quite scary. I'll wait for at least three to seven days before assuming the best, that this is indeed a trend. If not, then people will soon begin dumping again.

thecodebear

hero member

Activity: 2240

Merit: 848

Quote from: timerland on April 13, 2018, 04:19:17 AM

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

That's exactly what has happened. The trend upwards seems pretty strong, considering that now the price is settling in comfortably at over $8100 per bitcoin, which is more than the highs achieved in the initial stages of the pump.

I would say that there is still room for the price to keep going up, and this bullish trend to last at least a few more days or even a few weeks.

There will be a ceiling on this pump, in my opinion, of around $10k however. If bitcoin doesn't reach five figures which I think the resistance is too strong to head above that level, we may see some major corrections again which will lead to panic dumping. I'm carefully optimistic because this seems like typical fomo buying instead of the end of a bear market.

I'm sure there will be the normal ups and downs as the market shifts back to being positive over the next few months, but that does seem to be beginning now. It plateaued at a bottom the past few weeks, its unlikely to go below that, which means it is likely to move up. This isn't like 2014/2015 where most people just abandoned bitcoin and it stayed idle for a long time. Bitcoin is still often in the news and investors are still looking to the next bull run and just wondering when to get in. And institutional investors are doing the same thing. Bitcoin hit the mainstream last year at least in terms of how many people know about it. That means it's not gonna stay down for too long because people are always looking for a great investment opportunity and Bitcoin right now after the crash is as good as it gets. I'd say bear market is over, but bull market will take a few months to build up to the point where it'll be able to just push right through resistance points. Expect over $10k by late spring or summer though.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

That's exactly what has happened. The trend upwards seems pretty strong, considering that now the price is settling in comfortably at over $8100 per bitcoin, which is more than the highs achieved in the initial stages of the pump.

I would say that there is still room for the price to keep going up, and this bullish trend to last at least a few more days or even a few weeks.

There will be a ceiling on this pump, in my opinion, of around $10k however. If bitcoin doesn't reach five figures which I think the resistance is too strong to head above that level, we may see some major corrections again which will lead to panic dumping. I'm carefully optimistic because this seems like typical fomo buying instead of the end of a bear market.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: Zubilica2 on April 13, 2018, 02:54:24 AM

Well as we are speaking , we are trending above 8k , I truly expected a slow rise but bulls are anxious to start trading.

Bulls aren't anxious, but just don't get excited without anything justifying that. Yes, the price has gone up, but did anything change on a fundamental level for Bitcoin or its ecosystem as a whole? Nope.

The real trigger has to come from investment tools based on or tied to crypto, or a major country legalizing Bitcoin, or lightning network being yet another step closer to proper main net use.

I personally hope that we won't yet go through another bull run this year. I know that the market can change rapidly, but if growth isn't based on something, then it won't be sustainable, we have seen that this year.

okala

full member

Activity: 980

Merit: 114

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

Nice to hear this that another journey of bull run has commenced since yesterday and we should hope that this is going to take us to the moon. Bitcoin is currently above $8,000 and that is a since that we have actually resume the bullish trend

Zubilica2

jr. member

Activity: 98

Merit: 1

Well as we are speaking , we are trending above 8k , I truly expected a slow rise but bulls are anxious to start trading.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I'll quote your post.

I'd like to see those bears go back to sleep again while the bulls are ready to run as you've said, it's a hint for them to wake up.

Quote from: notaek on April 12, 2018, 06:11:47 PM

As they always say, history repeats itself. Roll Eyes

Therefore, last year's ATH will repeat this year. Roll Eyes

bittraffic

hero member

Activity: 3038

Merit: 617

WE'll see about that in the next months to come. To me it doesn't matter whether we stay long in the price range of 6K to 9K so long as it doesn't drop below $5k. The better for the price to stay at $5k so we can collect more BTC before moving up again in the 3rd quarter of the year. Don't you guys think this is another bulltrap for the inexperienced traders? It could be fake attempt.

crzy

full member

Activity: 2128

Merit: 180

Quote from: notaek on April 12, 2018, 06:11:47 PM

Quote from: ft73 on April 12, 2018, 09:46:13 AM

2014 vs 2018

interesting.

As they always say, history repeats itself. Roll Eyes

History will always repeat, it may take more time to happen but it will surely happen in the future.
So investors and hodlers should not panic, because we know this market can bounce high again.
The chart says it all, don't be a panic seller be a wise buyer.

notaek

legendary

Activity: 1268

Merit: 1009

Quote from: ft73 on April 12, 2018, 09:46:13 AM

2014 vs 2018

interesting.

As they always say, history repeats itself. Roll Eyes

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I like the technical analysis, but I prefer the theory of Tom Lee

Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax Day

Quote from: https://cointelegraph.com/news/wall-street-bitcoin-bull-tom-lee-predicts-massive-outflow-of-crypto-before-tax-day

In a Thursday report Lee notes that, since US households owe an estimated $25 bln in capital gains taxes due to their crypto holdings, and crypto exchanges also will owe income taxes, both households and exchanges will be selling their crypto to pay the US government:

“We believe there is selling pressure by crypto exchanges who are subject to income tax in U.S. jurisdictions. Many exchanges have net income in 2017 [of more than] $1 bln and keep working capital in [Bitcoin]/[Ethereum], not USD — hence, to meet these tax liabilities, are selling BTC/ETH.”

as we are approaching the 17th I believe that people have already paid their taxes and are returning to buy bitcoin, at least this tory makes more sense, because no offense the last time I believed in these tradingview charts, I lost a lot of money, So I'd rather believe in Tom Lee's theory.

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

it looks like a standard adam/eve double bottom. i agree with that. we're not in a bull market yet, but it looks like one is being born with the current explosive daily candle. not necessarily a long term bull market, though. it might just be a mid term correction to the $20k>$6k trend. i'm not confident that we're going to new ATH. there is soooo much resistance above.

but it looks like i'll be avoiding shorting for at least the next few weeks. mighty painful squeeze last night for the bears. Tongue

Marma Kalari

sr. member

Activity: 546

Merit: 250

kittiefight.io Combat MMO Lending Jackpots

Quote from: xhomerx10 on April 12, 2018, 03:57:25 PM

Well that's where the triple bottom theory takes over. The triple bottom reversal pattern usually plays out over 3 to 6 months.
edit: TA isn't an exacting science. There are probabilities of a break up or down based on certain patterns being recognized. Volume, money flow and direction three of the most important indicators.

The fact remains that these predictions can be said to be true only when these movements are evident in the market, i am not well versed in the theory of triple bottom and how long these pattern continues but the real reason to see any movement in price is the flow of money into the market and nothing else, you can call these graphs and pattern many names but the most important aspect is the flow of money.

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: fabiorem on April 12, 2018, 08:23:59 AM

If we fall back to 6k, this will prove the double bottom theory is completely useless.

Well that's where the triple bottom theory takes over. The triple bottom reversal pattern usually plays out over 3 to 6 months.

edit: TA isn't an exacting science. There are probabilities of a break up or down based on certain patterns being recognized. Volume, money flow and direction three of the most important indicators.

magneto

hero member

Activity: 1666

Merit: 753

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

I hate it when people refer to this thing called 'moon'. It's completely vague as can be.

For a short term investment I would still be careful in buying now. Unless you're completely prepared to hold onto your coin for the long term I would honestly just wait for the correction to happen, which should be pretty soon.

$8k remains to be resistance, and also the psychological barrier of $10k is just way too much to reach right now when half of the market is still holding bearish sentiments.

Short term wise we could be looking at a correction down to around $7k, then back up to $8-9k before hitting that resistance and BTC continues to consolidate before hitting bottom. IMO you'd be looking at around at least another quarter of a year before the trend completely reverses.

klasik1980

full member

Activity: 434

Merit: 103

let's see if this continues, or it's just another zader to drive out the lambs, and then immediately lower the price, thereby knocking out bitcoins more cheaply on a panic

ft73

hero member

Activity: 564

Merit: 508

2014 vs 2018

interesting.

lablab03

full member

Activity: 1064

Merit: 112

Well it fluctuate little bit again . So perhaps its just a mini bull run from 6k to $7600 and i think it will not exceed or touch down again the 8k value because of some cuases nowadays, which is always happened when the growth of bitcoin climb.

Zubilica2

jr. member

Activity: 98

Merit: 1

A daily 5% fluctuation is expected as long as 10DA is rising , but the trend now is up.

thecodebear

hero member

Activity: 2240

Merit: 848

I was looking at the charts yesterday and seeing the long stretch of steady 6000s and 7000s it looked to me like that was the plateau at the bottom of the bear market signaling a shift in momentum for bitcoin to start moving back up above $10,000 this spring. That huge quick price jump could be the inflection point of the market shifting from bear to bull. It'll probably take half a year or so to get back to hitting ATHs, but in the next 3 months we could see Bitcoin start to recover ground from the November-December mania phase and get investors, traders, hodlers, and new money happy and interested again in buying Bitcoin - which will of course lead to a likely 2019 huge bull run.

eagleman

hero member

Activity: 1190

Merit: 504

Quote from: Zubilica2 on April 12, 2018, 07:16:16 AM

It is going to be a slow rise.

As we can see, the rise is really slow and it doesn't matter on how slow it is as long as it will rise.

This day for awhile it was around $6,900 then it pumped to $8,000 but with the market players who started to take profits it has to be back somewhere at $6,600 - $6,700 which is still fine.

Quote from: NeuroticFish on April 12, 2018, 07:24:03 AM

Bitcoin market is very good at catching unprepared the ones believing it's always slow.
But I also expect ups and downs, quite big variation.

Those ups and downs are expected, I've been one of those who isn't prepared. But this time, I'll try to catch up and will ride this bull if it's ready to go.

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: alyssa85 on April 12, 2018, 08:18:51 AM

That looks like some big money suddenly bought. It takes quite a few million to move the price up that sharply.

Now that is analysis of something important. The volume on that move is significant and also the fact they didn't bide their time and just slowly accumulate a position. That would have been easy to do as the market has been going sideways for days on end, but they didn't want to wait were happy to spike the price.

Quote from: fabiorem on April 12, 2018, 08:23:59 AM

If we fall back to 6k, this will prove the double bottom theory is completely useless.

TA is useless.

fabiorem

sr. member

Activity: 1400

Merit: 347

If we fall back to 6k, this will prove the double bottom theory is completely useless.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

Let the trend just continue and all we need to do is watch. Price significantly shows an increase but we can't conclude that this is the start. There are some the same happenings recently and the cycle just repeats. There are things that triggered the bullish alarm but we don't know how far it will reached. The price is currently playing at around or close to $8,000 and let's see what will happen next.

Another trip to the moon or just a taste of slight pump then will back again at the dipping point? Stay tuned...

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: TheQuin on April 12, 2018, 07:47:09 AM

Quote from: fabiorem on April 12, 2018, 07:44:13 AM

We need to reach 8k first to confirm the double bottom.

Last time it didnt reach 8k and we had a bull trap.

I don't think 8k has any significance but if it makes you happy we did briefly go through it.

https://www.tradingview.com/x/Xm8bgucF

That looks like some big money suddenly bought. It takes quite a few million to move the price up that sharply.

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: TheQuin on April 12, 2018, 07:54:54 AM

If you hadn't guessed I don't take that sort of TA seriously. What matters is if the shorts start panicking and buying to cover. That's about human emotion not what time you arbitrarily cut off a candle.

Here are 2 full candles above 8k for you.

We are going up, then.

I hope the FOMO spreads. This melodrama has gone long enough.

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: fabiorem on April 12, 2018, 07:50:15 AM

Its not a full candle. We need to stay there at least for one day.

If you hadn't guessed I don't take that sort of TA seriously. What matters is if the shorts start panicking and buying to cover. That's about human emotion not what time you arbitrarily cut off a candle.

Here are 2 full candles above 8k for you.

https://www.tradingview.com/x/8nQyCZ8X

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: TheQuin on April 12, 2018, 07:47:09 AM

I don't think 8k has any significance but if it makes you happy we did briefly go through it.

Its not a full candle. We need to stay there at least for one day.

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: fabiorem on April 12, 2018, 07:44:13 AM

We need to reach 8k first to confirm the double bottom.

Last time it didnt reach 8k and we had a bull trap.

I don't think 8k has any significance but if it makes you happy we did briefly go through it.

https://www.tradingview.com/x/Xm8bgucF

fabiorem

sr. member

Activity: 1400

Merit: 347

We need to reach 8k first to confirm the double bottom.

Last time it didnt reach 8k and we had a bull trap.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: Zubilica2 on April 12, 2018, 07:16:16 AM

It is going to be a slow rise.

Don't count too much on that. Bitcoin market is very good at catching unprepared the ones believing it's always slow.
But I also expect ups and downs, quite big variation.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: Zubilica2 on April 12, 2018, 06:56:45 AM

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

Well the double bottom was hit during the last week of March or first week of April if I'm not mistaken that's why I'm also expecting some rally at some point however, it didn't happened early on but I think this is the time. However, I wouldn't be too excited though, as we all know that everything can go into the drain when some daily traders started to take profit. But its good thing that the TA was sort of predicted this double bottom will be a good sign that the herds is finally consolidating and we might see them making a bull run. Gonna be exciting but I wouldn't say that we are out of the woods yet, not by a long shot. We just need to be calm and just ride the hype train again.

Zubilica2

jr. member

Activity: 98

Merit: 1

It is going to be a slow rise.

Zubilica2

jr. member

Activity: 98

Merit: 1

The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .

Quote me on that - It has started - The long rise to the Moon .

Topic: Quote me on that - It has started. (Read 617 times)