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Topic: Settled at ~$6400 for now? (Read 785 times)

member
Activity: 294
Merit: 10
September 30, 2018, 02:30:48 PM
#69
Goldman Sachs.

CBOE proposal.

BlackRock ETF.

Rolls Royce Dealership accepting Bitcoins.

September has and will be seeing a lot.

I can feel the heat. The bulls are coming. Something is gonna happen before December for sure.

Be strong.


I think that more and more players will enter this market. The price will definitely start to grow. The market becomes green. I think that the tactics of last winter may be repeated.



full member
Activity: 491
Merit: 105
September 30, 2018, 02:09:37 PM
#68
We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.
Obviously we are! What most people are seeing is the end of last year and I would not blame those that joined FOMO since they are so much in debt at the moment. I will only blame them for not finding understanding and gaining enough knowledge first to be an investor.

As far as I am concerned, and over the years, we have been increasing in price year in year out and for now, we certainly just have to live with the short downtrend in between and be patient enough. It is just that patience a lot of those who joined FOMO will not have and they are the main target of the whales here by getting them to bail out.
legendary
Activity: 3514
Merit: 1548
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September 30, 2018, 12:40:06 PM
#67
but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!

In short, we can say that all of this market is based on the forecast, which is basically the speculations, and other people predictions. So the market always moves as it wants and no one know whet will be happening in the future. And the only thing that we can do is to expect something unexpected, did i understand correctly?
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 26, 2018, 07:43:30 AM
#66
This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.
The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.
Yeah seems like this, the price has stuck in this price. Just few hundreds ups and down but there is no big change in the price. I also wonder why the price is not increasing and why this bearish market situation is not changing in good one. Different people think differently about the future price of bitcoin. Some says the coming days will be good for bitcoin and other say that it will fall more.
The price is not stuck anywhere, we are only experiencing the market this way because the bears and the bulls are trying to see who wins the fight at the end of it all.

We saw the quick move downwards in a short while and then a quick bounce which I would call rejection by the bulls and a very strong rejection for that matter, but unable to have the power to go further, at least not just yet. As long as we are still below $7k, then nothing is guaranteed at the moment.
I do not think people have even given up yet, and whales surely know that as they would tend to want to shake it down to the point where even those who have been stylishly holding on will just see no hope anymore since they do not understand why they should be investing in the first place which should be for the future.

We surely are getting pretty close, but it is a thing of the mind and psychology and the whales sure know how to play it well. We might see some little uptrend before the end of the year, but that is when they strike again, make people want to pull out faster, and with that, we get to see the market moving down fast as even those who have been holding all these while lose hope, and then consolidation, and then recovery.
hero member
Activity: 1246
Merit: 529
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September 25, 2018, 12:53:44 PM
#65
but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!

Very good because we don't know how much the price of Bitcoin is going to stop next year. Everything we have to wait and see, how far the price of Bitcoin will reach, now Bitcoin market settled at the price of 6400$ which seems to be bearish but when the market starts recovering we can expect there is huge growth in term of Bitcoin price.

Well we've seem spikes to 7 or 8k in a short time so who knows. Currently the price just dropped a couple of hundred dollars and people are saying that it may very well go to 5.5k. Honestly i have little care anymore lol.
full member
Activity: 476
Merit: 124
September 25, 2018, 08:42:09 AM
#64
For now, BTC at a price level of $6k+ is very attractive to institutional investors and big players in trading world. The longer it stays at this level, the higher its price would be by the end of year 2018. Patience is a virtue in this game, also, equip yourself with knowledge and strategy in dealing with the negativities to deserve profit gain in the future.
member
Activity: 378
Merit: 10
September 25, 2018, 07:46:52 AM
#63
but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!

Very good because we don't know how much the price of Bitcoin is going to stop next year. Everything we have to wait and see, how far the price of Bitcoin will reach, now Bitcoin market settled at the price of 6400$ which seems to be bearish but when the market starts recovering we can expect there is huge growth in term of Bitcoin price.
jr. member
Activity: 91
Merit: 1
September 25, 2018, 07:08:14 AM
#62
This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.
The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.
Yeah seems like this, the price has stuck in this price. Just few hundreds ups and down but there is no big change in the price. I also wonder why the price is not increasing and why this bearish market situation is not changing in good one. Different people think differently about the future price of bitcoin. Some says the coming days will be good for bitcoin and other say that it will fall more.
The price is not stuck anywhere, we are only experiencing the market this way because the bears and the bulls are trying to see who wins the fight at the end of it all.

We saw the quick move downwards in a short while and then a quick bounce which I would call rejection by the bulls and a very strong rejection for that matter, but unable to have the power to go further, at least not just yet. As long as we are still below $7k, then nothing is guaranteed at the moment.
hero member
Activity: 2884
Merit: 579
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September 22, 2018, 03:53:10 AM
#61
but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!
Just the basics and by learning how the market works for someone that's new can be used to survive.

Wisdom and experience are needed but for someone who's rushing and only see the good side of this market won't be able to survive. We had to adopt the bad sides as well like those swings that we see. Bitcoin reached $6,700 and will have some dips again which can make it $6,500 - $6,600 which potentially would be the support.
sr. member
Activity: 465
Merit: 254
September 21, 2018, 08:17:54 AM
#60
but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!
hero member
Activity: 2884
Merit: 579
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September 21, 2018, 08:11:06 AM
#59
We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.


This doesn't help for people who invested when the price was more than $10,000. Of course, they have nobody else but themselves to blame,
Adoption is the only thing which will drive up the price sustainably. Unfortunately for those who invested during the bull run, the price increase can only be gradual.
Yeah I understand the sentiment of those who invested with those prices and most specially those who bought at $20,000. Three things for those who bought at the bull run last December.

- they can sell and cut losses
- they can hodl and wait for the next bull run
- buy during this dip
For those who are smart enough to know the best thing to do, they will know they should be picking the last two. At this stage, I do not expect anyone to be cutting loss after buying at $20k as that is terribly an insane thing to ever do. The market is certainly not dead and at some point, it will pick up and recover, and all it takes is patience.

Currently, the only other best way to compensate the move downward is to buy the dip. Rather than buying the peak, people should always know better by now to be buying the dips and selling the peaks, as there is no other better way to profit from the market movement than that.
Sadly not everyone knows what's the best thing to do because they are broke and still can't move on. You may not expect it but expect the unexpected and I'm sure of it that there are plenty of panic sellers that lead them to cut loss and sold under $10,000 though they bought it while its on $20,000.

However the good days are coming now and it seems plausible like the expected positive run is coming.
jr. member
Activity: 82
Merit: 2
September 21, 2018, 04:31:53 AM
#58
The surge is yet to come. The end of the year 2018 will be a great time for BTC, I am getting the felling from now that the December 2018 will be golden time for the bitcoin miners and investors. There’s been a good journey from 2016 the price reached from around 3k to 6 and a half K.
No it will not be a great time for bitcoin, because many people before already said the same but things were different from their predictions. In the previous year people told that 2018 will be the year of bitcoin but we saw that 2018 is the worst year for bitcoin so far. How is it possible that the price will go up in the last quarter of the year? It is totally nonsense.
From where you got your feelings about the future price of bitcoin? Please tell us the source that we could also feel the same. I think the given price $6400 will be there at the end of this year. I only look at the current situation of the market and the current situation tells that there is no positive attitude in the market and the price will continue till the end of this year.
sr. member
Activity: 448
Merit: 281
September 21, 2018, 03:42:21 AM
#57
We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.


This doesn't help for people who invested when the price was more than $10,000. Of course, they have nobody else but themselves to blame,
Adoption is the only thing which will drive up the price sustainably. Unfortunately for those who invested during the bull run, the price increase can only be gradual.
Yeah I understand the sentiment of those who invested with those prices and most specially those who bought at $20,000. Three things for those who bought at the bull run last December.

- they can sell and cut losses
- they can hodl and wait for the next bull run
- buy during this dip
For those who are smart enough to know the best thing to do, they will know they should be picking the last two. At this stage, I do not expect anyone to be cutting loss after buying at $20k as that is terribly an insane thing to ever do. The market is certainly not dead and at some point, it will pick up and recover, and all it takes is patience.

Currently, the only other best way to compensate the move downward is to buy the dip. Rather than buying the peak, people should always know better by now to be buying the dips and selling the peaks, as there is no other better way to profit from the market movement than that.
legendary
Activity: 3514
Merit: 1548
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September 20, 2018, 02:27:32 PM
#56
ignoring the highs. if you concentrate on the lows. and see where the lowest price of 3-6-10-12 month
you will see that bitcoin has always been on an upward movement

2016:  >$300
2017:  >$900
2018:  >$5,800

people need to realise the bull-bear switch over is not something that happens hourly or daily.
bull and bear are the longer term directions.

maybe what the financial buzzworders should use is
short term up = Calve (young bull)
short term down = Cub (young bear)

bitcoin has been bull but does get occassional calve and cub events
True. I see that most of the people here compare the current price with the ATH. Instead of this they should be comparing it with the lowest point of the year. Changing the perspective will change the way we trade. If you look at it this way then we can realize how much bitcoin is growing  over the year.
Expecting the bull run to return soon the price of bitcoin may rise soon.


Its because there are still a lot of newbies thinking that bitcoin will always go on. parabolic rise. They forgot to realised that this market is very volatile and prone to manipulation. Year-to-year bitcoin is still up ($4000->$6500) so there's nothing to complained. Regarding bull run, might be next month or next year. My point is nobody really knows, if one way to find out is just to stick in the market and see how it goes.

Very well thought out, I almost agree with everything you said. The only thing that is different in my opinion is that I believe that Bull market will start faster than after one year.
hero member
Activity: 1666
Merit: 753
September 20, 2018, 04:52:57 AM
#55
Sure seems like prices have settled at this level without much vertical movement at all over the past few days.

I wouldn't get too excited and say that prices are set to climb due to it stabilising at this level, though. We're still not out of the bear market and probably will continue to see the sentiment within the market be bearish for the rest of the year.

We will most likely see some sideways movements at this level. Potentially, we could see a short term rally but that wouldn't turn into anything on a major bullish scale. More likely to occur would be a dip below the $6k support at some point this year, or if we're lucky, a long period of mostly non-volatile markets, even though that would be less probable in my opinion.
legendary
Activity: 1218
Merit: 1000
September 20, 2018, 04:28:32 AM
#54
actually it will be a turnover knowing, I hope, the price of bitcoin can rise again, and not dissolve at this price. waiting for high prices has been the dream of crypto users, but I think the price is really stable at $ 6400 this month.
hero member
Activity: 1022
Merit: 538
September 20, 2018, 04:26:38 AM
#53
10 days at a price when some volatility is exist means there will be some steep move soon.
İ expect in a few hours to days a move to up or down but market need move just look at history of it.
By the way dont think that news will affect anything.
Everything simply is for now, considering the nature of the market generally. Bitcoin has been holding up after the bounce from the $6k region again and that kept ushering in some hope to the space, but we do not need to forget that we are still in a bear market and bears can still strike at any time they want to. As it is we are still in a downtrend wedge and to what side we break out to, is what will determine how far the market is going to go.

I think that the price will be little bit grow till the end of this year. I also want big pump in the price because nobody saw this for long time. I want some profit before quitting and investing in some regular business.
Like most other people and you, I am also expecting price will not settle here on $6400 range for ever and it may break into the upper side and may reach $8500 to $9800 at any time. This may not be possible to happen with in this September but will happen before end of October and $$15k to $25k may happen before end of this year. Keep your hope up to continue your regular business Smiley.
newbie
Activity: 56
Merit: 0
September 20, 2018, 01:32:21 AM
#52
Goldman Sachs.

CBOE proposal.

BlackRock ETF.

Rolls Royce Dealership accepting Bitcoins.

September has and will be seeing a lot.

I can feel the heat. The bulls are coming. Something is gonna happen before December for sure.

Be strong.

What do you mean with: " Something is gonna happen before December for sure. " and about this:

Goldman Sachs = Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’

CBOE proposal = we will see on September 30th

BlackRock ETF = Coinbase Considers Launching Crypto ETF with Help of Wall Street’s BlackRock, Say Sources ( There is nothing concrete )

Rolls Royce Dealership accepting Bitcoins = Is good news, but it will not be enough to raise the price too much












Hope that your predictions about the price in this month become true but it is very hard to see growth in the price in the next half month. I think that the price will be little bit grow till the end of this year. I also want big pump in the price because nobody saw this for long time. I want some profit before quitting and investing in some regular business.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 19, 2018, 04:45:54 AM
#51
We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.


This doesn't help for people who invested when the price was more than $10,000. Of course, they have nobody else but themselves to blame,
Adoption is the only thing which will drive up the price sustainably. Unfortunately for those who invested during the bull run, the price increase can only be gradual.
Yeah I understand the sentiment of those who invested with those prices and most specially those who bought at $20,000. Three things for those who bought at the bull run last December.

- they can sell and cut losses
- they can hodl and wait for the next bull run
- buy during this dip
jr. member
Activity: 82
Merit: 4
September 18, 2018, 07:03:06 AM
#50
This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.
The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.
Yeah seems like this, the price has stuck in this price. Just few hundreds ups and down but there is no big change in the price. I also wonder why the price is not increasing and why this bearish market situation is not changing in good one. Different people think differently about the future price of bitcoin. Some says the coming days will be good for bitcoin and other say that it will fall more.
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