Road to $8k? Bitcoin parabolic curve kinda dangerous

rdluffy

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Quote from: ?? on ??

As i said in another threads, I already sold some coins waiting for a big correction
I'm not worried abou the future os BTC and cryptos, I'm just trying to accumulate more coins and I saw a great opportunity to try and buy in the dip, let's see

I waited for this correction at 10k, but BTC hit 13.8k without stop Grin

But we already had a correction about $10300, so I guess this is the opportunity you have been waiting for. Although we are not sure if the blood in the street has stop already. But for those who wanted to enter, I don't think you need to wait till the price goes on 4 digit, I'm seeing a lot of support around the $10k so I'm not expecting it to go down. We might have seen the bloodshed stop already for all we know.

The price of bitcoin declined already. The support cannot sustain the price from 5 digit numbers. I thought it will move up again however, I think the reversal coming in the month of July. Its good that I sold already the btc and eth I have hold yesterday. So, I prevented to be lost. But I expect that it will just for a few moment time and I will wait for it to dip before I enter the market again.

Same here, in my prediction I'll buy when (if) BTC touches on 9k, but's only my plan guys, no one need to follow, everyone have strategy and should follow
Maybe I'm wrong and BTC starts a new pump Grin

partysaurus

sr. member

Activity: 574

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Quote from: ?? on ??

As i said in another threads, I already sold some coins waiting for a big correction
I'm not worried abou the future os BTC and cryptos, I'm just trying to accumulate more coins and I saw a great opportunity to try and buy in the dip, let's see

I waited for this correction at 10k, but BTC hit 13.8k without stop Grin

same it was pretty much expected to be a big correction after such a uptrend for weeks, lets see how far down it goes this time

agatha90

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Bitcoin has shown its courage to rise from a low value to a higher value, where we have waited for 1 year, and this is not how much, because there will be extraordinary surprises at the end of the year and next year. Bitcoin can reach $ 20,000 or more.

Herbert2020

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haha, it is so funny to see how everyone today is answering this topic by ONLY reading its title without even reading the text of the topic or even looking at the date of it Cheesy

this was started months ago when price was around $5000 and were just beginning to rise. in other words this title means road aka rise to $8k and is not talking about the current situation...

butcherme

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Merit: 18

Seem's like someone is wishing for the price to drop down into 4 digits again.
But I don't really think that it would happen now that there are new investors around they wouldn't just let the market collapse and also the old holders wouldn't let it happen again.
We have reached the 5 digit zone again and I don't think that people would just dump it back .
But if it does I think we would see another wave of newbies screaming crypto is a scam and other sorts of things.

Stilicho

newbie

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It is back above 10 000 usd, it seems the support at 9800 usd is really strong. I sold also yesterday but I am worried that it can rise back to hights anytime and I will be out of BTC. This is really a tough game

Nadziratel

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★777Coin.com★ Fun BTC Casino!

Quote from: cheezcarls on May 12, 2019, 06:25:19 AM

Hey there guys!

If you’re into Bitcoin trading, this one’s for you. I would like to share my newest blog post about the recent uptrend of Bitcoin, Ethereum and other cryptocurrencies in today’s market condition.

Despite that the market is heading north, there’s a big catch. I would like to share why the parabolic phase of Bitcoin and others are slightly dangerous despite the uptrend, which we are experiencing it right now.

I hope this info of mine helps you a lot, especially those who have no idea about this yet. Just a heads up only if you’re into BTC trading.

Link here: https://steemit.com/bitcoin/@cheezyboy/road-to-usd8k-bitcoin-parabolic-curve-kinda-dangerous

Note: I’m not a financial advisor, nor an expert in Bitcoin or crypto trading. I’m just stating my opinion on this one. I would welcome all of your feedback or opinion about this one, and I would really appreciate if you guys do.

I don't think it can touch under 9K level. It may test 9600-9700$ for a while but then it may rise again to 15000-16000$.

Because under 9000$ is too risky. If it touch it, it may down more.

Johnzky

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Activity: 616

Merit: 30

Quote from: Bardman on May 13, 2019, 03:07:57 PM

Same shit, bitcoin crashes and enters a downtrend for almost 2 years, watch out guys, bitcoin will go back to 20k any time now. Bitcoin enters bull run, watch out guys, bitcoin will crash at any time now. The reality is that when a strong trend is settled, bitcoin won't break out of it that easily, this bullish trend will continue for a long time, we had plenty of confirmations for it and the volume needed to sustain it is certainly there as well.

So where is your bullish trend now?why we did breakdown to $9k level again!?

You are all creating something that people might be misleading,we are in volatile market and nothing is confirmed until it happens.

So stop fooling around instead try to may keep the patience in waiting.because in this community the more you wait the higher you profit

MonsterV

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Activity: 2212

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There are many predictions of bitcoin and crypto some time ago after the increase. Whether it's a bad prediction or a good one, but I think predictions with self-analysis are better because among many, actually only predictions that are not real include your predictions. When I lose with my own analysis, I choose my own satisfaction rather than loss due to other people's predictions or FOMO.

Quote from: Dondont on July 01, 2019, 09:09:32 PM

Everyone is definitely sorry we missed them to take Bitcoin. but I think it's good when like this they are also hesitant to take it even though it could be enough time now. Too much analysis will actually make doubts big

It's true, too many predictions and analyzes that we hear will make us hesitate to do OP. Even though actually trading requires a strong belief when buying, therefore I suggest to analyze yourself not to follow the predictions of others or follow FOMO.

bitbunnny

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Activity: 2912

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Quote from: misterj on July 01, 2019, 09:47:07 PM

Quote from: cheezcarls on May 12, 2019, 06:25:19 AM

Hey there guys!

If you’re into Bitcoin trading, this one’s for you. I would like to share my newest blog post about the recent uptrend of Bitcoin, Ethereum and other cryptocurrencies in today’s market condition.

Despite that the market is heading north, there’s a big catch. I would like to share why the parabolic phase of Bitcoin and others are slightly dangerous despite the uptrend, which we are experiencing it right now.

I hope this info of mine helps you a lot, especially those who have no idea about this yet. Just a heads up only if you’re into BTC trading.

Link here: https://steemit.com/bitcoin/@cheezyboy/road-to-usd8k-bitcoin-parabolic-curve-kinda-dangerous

Note: I’m not a financial advisor, nor an expert in Bitcoin or crypto trading. I’m just stating my opinion on this one. I would welcome all of your feedback or opinion about this one, and I would really appreciate if you guys do.

Well I think that the prediction of your article is wrong. Bitcoin is now ready for the uptrend because the bearish season is almost over. To that point I will also give my advice that you should invest in bitcoin now before the month of December so that you will have a high return of investment.

I also don't agree with prediction fully but it's hard to say that bearish season is over. We had some fast rise which I personally don't like because it usualy doesn't end up good. Still correction was expected and when the price starts to recover there is no guarantee it will not appear again. So, at this moment I don't think the price will go down all the way to 8000$ but some downdall is still possible.

ash.y

newbie

Activity: 14

Merit: 0

Quote from: Haunebu on May 13, 2019, 02:36:07 PM

Quote from: jak3 on May 13, 2019, 12:35:30 PM

I don't care about any profit or dangers all I care right now is what exactly is causing this price growth. there cannot be people buying more and more coins because binance got hacked or anything like that. or does people are actually joining bitcoin at this rate? doesn't makes sense but its rising fast.

What the heck are you talking about? Don't you read the news? Everyone are aware of the Fidelity and Bakkt news which is possibly behind this surge. The upcoming halving event could also be a reason. Do your research.

https://www.bloomberg.com/news/articles/2019-05-06/fidelity-said-to-offer-cryptocurrency-trading-within-a-few-weeks

https://www.newsbtc.com/2019/05/13/bakkt-launches-bitcoin-btc-futures-at-last-crypto-market-strong/

Research always helps in predicting the surge and the dip and bitcoinForum is very helpful for updating us with the latest.

the forecast of bitcoin in terms of dip is always highly unpredictable, However the news around the world such as India banned cryptocurrency trading has effected the coin which maybe caused the dip. so news like these can help to predict the fluctuation and in my opinion it is ideal to take some fractional amount in order to minimise the risk.

Kakmakr

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Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Ok, so you think you spot a trend in Bitcoin, but this parabolic phase is natural in any market with any kind of commodity. Yes, Bitcoin might be a bit more volatile, but this is not necessarily bad for serious traders. I would much rather see a sharp decline in the price to give me a new opportunity to buy on the dip and make a large profit when it recovers. Wink

Your article lack explanations for the previous parabolic phases and that should be researched and explained in your next blog post. Wink

misterj

full member

Activity: 434

Merit: 100

Quote from: cheezcarls on May 12, 2019, 06:25:19 AM

Hey there guys!

If you’re into Bitcoin trading, this one’s for you. I would like to share my newest blog post about the recent uptrend of Bitcoin, Ethereum and other cryptocurrencies in today’s market condition.

Despite that the market is heading north, there’s a big catch. I would like to share why the parabolic phase of Bitcoin and others are slightly dangerous despite the uptrend, which we are experiencing it right now.

I hope this info of mine helps you a lot, especially those who have no idea about this yet. Just a heads up only if you’re into BTC trading.

Link here: https://steemit.com/bitcoin/@cheezyboy/road-to-usd8k-bitcoin-parabolic-curve-kinda-dangerous

Note: I’m not a financial advisor, nor an expert in Bitcoin or crypto trading. I’m just stating my opinion on this one. I would welcome all of your feedback or opinion about this one, and I would really appreciate if you guys do.

Well I think that the prediction of your article is wrong. Bitcoin is now ready for the uptrend because the bearish season is almost over. To that point I will also give my advice that you should invest in bitcoin now before the month of December so that you will have a high return of investment.

Dondont

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Everyone is definitely sorry we missed them to take Bitcoin. but I think it's good when like this they are also hesitant to take it even though it could be enough time now. Too much analysis will actually make doubts big

smartbitcoininvestor

sr. member

Activity: 652

Merit: 257

Bitcoin is an excellent investment, especially at this juncture. I think the price shot up fairly quickly, however, there is still plenty of time for it to go above and beyond $10,000 which is where it likely should sit considering the limited quantity of them. I would safely transfer an existing IRA into a Cryptocurrency IRA of some kind.

Romeoetin

jr. member

Activity: 240

Merit: 2

The same story all the time. It has always followed whatsoever trend there is. Bitcoin rises and falls.. There's no hullabaloo about it.

Bardman

hero member

Activity: 952

Merit: 516

Same shit, bitcoin crashes and enters a downtrend for almost 2 years, watch out guys, bitcoin will go back to 20k any time now. Bitcoin enters bull run, watch out guys, bitcoin will crash at any time now. The reality is that when a strong trend is settled, bitcoin won't break out of it that easily, this bullish trend will continue for a long time, we had plenty of confirmations for it and the volume needed to sustain it is certainly there as well.

Rahman11

sr. member

Activity: 1428

Merit: 250

Mentioning blog is analysis about bitcoin uptrend or present bull-run situation can affect over regular bitcoin and cryptocurrency trader, yes it's true from analysis of some of days it's clear bitcoin reach over doubled then some of days ago! and it's I think great news for bitcoin holders and traders! I think it's starting of new bull-run after december 2017!

Nolimitz84

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Activity: 980

Merit: 252

For some reason I have never been serious about technical analysis,but just today I found an interesting YouTube channel where the author tells about his analysis.His channel is pretty old and I started to check his predictions that he did 1 year ago.And about Eureka he was right about almost everything.Most likely bitcoin can really fall in price.

Haunebu

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www.Crypto.Games: Multiple coins, multiple games

Quote from: jak3 on May 13, 2019, 12:35:30 PM

I don't care about any profit or dangers all I care right now is what exactly is causing this price growth. there cannot be people buying more and more coins because binance got hacked or anything like that. or does people are actually joining bitcoin at this rate? doesn't makes sense but its rising fast.

What the heck are you talking about? Don't you read the news? Everyone are aware of the Fidelity and Bakkt news which is possibly behind this surge. The upcoming halving event could also be a reason. Do your research.

https://www.bloomberg.com/news/articles/2019-05-06/fidelity-said-to-offer-cryptocurrency-trading-within-a-few-weeks

https://www.newsbtc.com/2019/05/13/bakkt-launches-bitcoin-btc-futures-at-last-crypto-market-strong/

Topic: Road to $8k? Bitcoin parabolic curve kinda dangerous (Read 469 times)