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Topic: Settled at ~$6400 for now? - page 3. (Read 770 times)

newbie
Activity: 72
Merit: 0
September 13, 2018, 01:25:15 PM
#29
Even though the coins are not that high in terms of the price, but we can see that the future of the coins in the market are bright. A giant like Rolls Royce and their interest in BTC only proves that the coin will hold a high value in the future and as a result, these whales are claiming their stake in the market.
legendary
Activity: 3150
Merit: 1125
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September 13, 2018, 01:09:45 PM
#28
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











newbie
Activity: 70
Merit: 0
September 13, 2018, 12:41:08 PM
#27
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.
newbie
Activity: 272
Merit: 0
September 13, 2018, 12:14:19 PM
#26
The crypto market is so much volatile. With full of uncertainty but among this all bitcoin is going up for last 2-3 years. It has passed all the anomalies on the road and gained a great achievement. So, it could be said that it will gain a great success in the last of 2018.
newbie
Activity: 84
Merit: 0
September 13, 2018, 01:53:37 AM
#25
It is the best time to invest on this market. In recent time bitcoin’s price is in a reasonable stage so you can buy this coin. After some days later bitcoin price will rise again.
newbie
Activity: 182
Merit: 0
September 12, 2018, 02:51:22 PM
#24
The whole world is getting into cryptocurrency, the nations are talking serious positives steps, the bigger brands are connecting with crypto world daily. The crypto world is currently based on bitcoin so the assumption says that there is a huge surge is coming for bitcoin
newbie
Activity: 98
Merit: 0
September 12, 2018, 02:14:20 PM
#23
Yes, there is many thing will going to happen as bulls are coming. If this is going like this we can not expect a stable market, seller will be loser.
legendary
Activity: 1806
Merit: 1521
September 09, 2018, 03:22:07 PM
#22
That's a nice little F-U spike for the bears Grin



We broke down from the local bear flag, but then bear momentum failed and we instantly retraced yesterday's dump. Good sign of a local bottom and short term recovery. If we can break above the $6,500 level, there should be another good short squeeze as late bears start chasing price. It'd be nice to see a bullish engulfing candle on the 1-day. Let's see how it closes.

The bigger picture is unclear to me for now......
legendary
Activity: 3458
Merit: 6948
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September 09, 2018, 01:17:25 PM
#21
Rolls Royce Dealership accepting Bitcoins.
That's interesting, I had not heard about that.  There must be quite a few crypto-bazillionaires in existence, and it kind of makes sense that at least some of them would be interested in buying a Rolls.  I'd love to see how that all plays out, whether any cars are sold for bitcoin or not.  Something tells me that the number won't be that high, but I hope to be wrong on that.

2016:  >$300
2017:  >$900
2018:  >$5,800
I get what you're saying here (and not much else, no offense), and I don't think the big bull run we've seen in bitcoin is over yet, either.  I don't think bitcoin has "settled" anywhere, though it's certainly possible that it could stall out at any price.  Bitcoin has done that in the past.  However, the above are past prices and I'm a firm believer that past market prices are no indicator of future behavior.  This is why I'm not a fan of technical analysis.
hero member
Activity: 1204
Merit: 505
September 09, 2018, 12:51:31 PM
#20
It definitely won't "settle" at $6400, first of all it dropped even further than that already but it will also go up, this is bitcoin we are talking about the price never settles for too long, it definitely doesn't move %10 hourly all the time but it just stays there for couple days than move.

When just a week ago the price was 7.200 dollars did we thought the price "settled" no because we knew that the price would eventually move to a direction, we just didn't know which direction. Same applies here, the price is low right now but I am sure it won't stay like this for a long time and it will move to a direction that will change soon.
hero member
Activity: 2842
Merit: 772
September 09, 2018, 09:45:25 AM
#19
Currently price is lower than 6400$ but this can change in no time.
Anyway, so far my expectstions were right and besides some smaller short term pumps, price hasn't changed or go up much it stayed in the framework between 6000$ and 7000$, more or less.
In the upcoming period I don't think that price will rise much but not even go down except some minor corrections. Some more significant growth could be expected at the end of the year.

Yea, probably the price would go around the $6K-$7K, more or less. Right not its around $6200 the same price we have last month so it means that we might see the price trading sideways again which for me is a good thing because its neither bearish/bullish unless some events again will trigger the price to go either direction.

I'm not really sure about any significant growth. Most probably the cycle will just repeats itself, minor pump, then a suddenly dump that will wipe out what we have gain and then trading sideways. Would be happy to see $8K-$9K, if the market will react positively.
legendary
Activity: 2912
Merit: 1068
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September 09, 2018, 08:37:05 AM
#18
Currently price is lower than 6400$ but this can change in no time.
Anyway, so far my expectstions were right and besides some smaller short term pumps, price hasn't changed or go up much it stayed in the framework between 6000$ and 7000$, more or less.
In the upcoming period I don't think that price will rise much but not even go down except some minor corrections. Some more significant growth could be expected at the end of the year.
legendary
Activity: 3430
Merit: 1548
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September 09, 2018, 07:46:28 AM
#17
For me it is a good time to enter the market and buy your stake again like lat time when it had e=reached 6k got some and sold it on profits. This is why you are said that buy on dips so that you can exits on profits else it will be other way around.


Yes, I agree with you, this is perfect time to invest in Bitcoin again for profit. The market is currently stable around 6k-6.5k dollars, with the signs of a rise in price. And personaly I do not believe that the price could falls sharply down, I think it is the bottom.
legendary
Activity: 2170
Merit: 1427
September 09, 2018, 07:24:09 AM
#16
Either way, I think this BlackRock ETF have a bigger chance of acceptance in SEC because of it will track multiple cryptocurrencies that are currently listed in Coinbase's wallet.

The SEC won't approve any ETF's, regardless of how secure/trusted/safe it is for investors. If you look at the underlying reason for that, which is that the entire crypto market is driven by Asian demand, there is no way that we'll see anything change for the better in that regard. The SEC basically wants highly regulated exchanges within the US to be the main market makers, and that's near impossible, at least in the short to mid term.

What people tend to forget is that Coinbase has already a coin backed product (Coinbase Index Fund) available for institutions to invest in, but they aren't biting (yet). It has a pretty steep entry point of $250,000 but that shouldn't be used as an excuse as to why this product isn't generating more institutional interest. Perhaps that during the next leg up we'll see it gain more popularity, but till that time, there is not much demand.
hero member
Activity: 1218
Merit: 557
September 09, 2018, 05:49:47 AM
#15
For me it is a good time to enter the market and buy your stake again like lat time when it had e=reached 6k got some and sold it on profits. This is why you are said that buy on dips so that you can exits on profits else it will be other way around.
hero member
Activity: 882
Merit: 544
September 09, 2018, 05:48:29 AM
#14
I think that's already priced in.
It is not already priced in IMO. I believe that it will be priced in ones we hear the news about ETF rejection or approval again. Either way, I think this BlackRock ETF have a bigger chance of acceptance in SEC because of it will track multiple cryptocurrencies that are currently listed in Coinbase's wallet.
And everyone can see it, but some refuse to do so.
Well, some newbies don't because they didn't care to research bitcoin's price history at all.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 09, 2018, 05:45:22 AM
#13
Yearly is a good way to check if the price of bitcoin increase or not but this time I think we will stay around $6k to $7k this is just my speculation but since bitcoin is unpredictable bitcoin price can be increase more than what I expect.

i still think there is a fear in the market about ETF rejection which is weird but it exists and it is making people want to wait. additionally this feels very much like 2015 the more we go on, as price hit the $200 bottom and people were giving up on bitcoin and going away with most people thinking bitcoin is dead just because it is not rising up fast anymore. but behind the curtains it was being accumulated by the "wise money" while being at the bottom.

I think that's already priced in.

it is but it still is keeping investors away from coming back. for example if you look at the volume and the way bitcoin price is moving you can see it is not natural anymore. the volume is low and the rise and falls are stuck in a certain state that it rises slowly to the top of it and then is dumped into to suddenly crash down as if someone is taking profit in short term pushing the price to the initial level (bottom) to rinse and repeat and increase their wealth.
sr. member
Activity: 392
Merit: 250
September 09, 2018, 03:39:51 AM
#12
Yearly is a good way to check if the price of bitcoin increase or not but this time I think we will stay around $6k to $7k this is just my speculation but since bitcoin is unpredictable bitcoin price can be increase more than what I expect.

i still think there is a fear in the market about ETF rejection which is weird but it exists and it is making people want to wait. additionally this feels very much like 2015 the more we go on, as price hit the $200 bottom and people were giving up on bitcoin and going away with most people thinking bitcoin is dead just because it is not rising up fast anymore. but behind the curtains it was being accumulated by the "wise money" while being at the bottom.

I think that's already priced in.
legendary
Activity: 3472
Merit: 10611
September 09, 2018, 12:20:10 AM
#11
Yearly is a good way to check if the price of bitcoin increase or not but this time I think we will stay around $6k to $7k this is just my speculation but since bitcoin is unpredictable bitcoin price can be increase more than what I expect.

i still think there is a fear in the market about ETF rejection which is weird but it exists and it is making people want to wait. additionally this feels very much like 2015 the more we go on, as price hit the $200 bottom and people were giving up on bitcoin and going away with most people thinking bitcoin is dead just because it is not rising up fast anymore. but behind the curtains it was being accumulated by the "wise money" while being at the bottom.
legendary
Activity: 2030
Merit: 1030
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September 08, 2018, 07:31:26 PM
#10
Yearly is a good way to check if the price of bitcoin increase or not but this time I think we will stay around $6k to $7k this is just my speculation but since bitcoin is unpredictable bitcoin price can be increase more than what I expect.
Remember what happened on 2014-2015 if where the price reach $900 plus then the price is slowly falling and become stable until the price increased until 2016.
So, I feel that it could happen again this year and next year will be the year of bullish market.
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