Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
Yes and I think long term investment is the best thing to do at the moment, we will never know what is going to happen after the halving. The masses are selling their bitcoin because they want to harvest in volatile changes. However that is not the right decision or may it is the right thing to do.
Topic: Short term high target reached - page 2. (Read 1966 times)
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
Yes and I think long term investment is the best thing to do at the moment, we will never know what is going to happen after the halving. The masses are selling their bitcoin because they want to harvest in volatile changes. However that is not the right decision or may it is the right thing to do. 
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.
Now the price of BTC shows inverse correlation to ETH. After the recent black hat DAO attack done by last Friday, BTC prices doesn't effected much and even increased in price for a while. Yesterday counter-attack held by white hats (mostly Robin group) gave negative effect on BTC and selling pressure. It could be a reason attacker hold many BTC and shorted ETH and long the BTC. So now ETH/BTC charts become so important. Anyway, I guess BTC entered in a channel of 500 to 700 usd.
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.
Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.
I am discouraged by the rolling down of bitcoin price. I hoarded some of my bitcoins thats left in my wallet after withdrawing some. I am leaving a significant amount for the hoarding. But this morning when I opened my wallet the value goes down. I hope it will not go down anymore. If it does then all I have done has gone to waste.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
I believe there may be only 2 scenarios that will play out here.
Scenario 1 is as my above post, a shake out to get rid of weak hands followed by a continued pump once the time is right. This is a pretty good way to go.
scenario 2 is that the whales know fine well that a majority of people here are wanting to get out at around 800-1000 dollars,this is no secret. now the whales aren't stupid so they know they cant allow it to pump this high or else everyone will run off with their profits, so the price will never reach this high. The target was met and we are now either stagnant or on the way down.
I suppose it is possible that the whales have eased off with their buying pressure so they can observe what happens with the price, as you say since price is only slowly dropping and not just s massive dump then they might add back buy support to try the next target they want to reach. 800 dollars maybe?
Yes, in July - August BTC price can be ~ 750 USD, price go up due to BTC mining difficulty. BTC buyers are more than sellers. 
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
I believe there may be only 2 scenarios that will play out here.
Scenario 1 is as my above post, a shake out to get rid of weak hands followed by a continued pump once the time is right. This is a pretty good way to go.
scenario 2 is that the whales know fine well that a majority of people here are wanting to get out at around 800-1000 dollars,this is no secret. now the whales aren't stupid so they know they cant allow it to pump this high or else everyone will run off with their profits, so the price will never reach this high. The target was met and we are now either stagnant or on the way down.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
I believe there may be only 2 scenarios that will play out here.
Scenario 1 is as my above post, a shake out to get rid of weak hands followed by a continued pump once the time is right. This is a pretty good way to go.
scenario 2 is that the whales know fine well that a majority of people here are wanting to get out at around 800-1000 dollars,this is no secret. now the whales aren't stupid so they know they cant allow it to pump this high or else everyone will run off with their profits, so the price will never reach this high. The target was met and we are now either stagnant or on the way down.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
I believe there may be only 2 scenarios that will play out here.
Scenario 1 is as my above post, a shake out to get rid of weak hands followed by a continued pump once the time is right. This is a pretty good way to go.
scenario 2 is that the whales know fine well that a majority of people here are wanting to get out at around 800-1000 dollars,this is no secret. now the whales aren't stupid so they know they cant allow it to pump this high or else everyone will run off with their profits, so the price will never reach this high. The target was met and we are now either stagnant or on the way down.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
For all we know the price its at now might be quite cheap compared to what it settles down to after the halfing. The pump may have just stopped Temporarily to push out weak hands and then continue afterword. The more people they can get to sell now the easier it will be for the next pump.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
Aside from halving, they said that its the chinese that are buying btc's that it help push upwards the bitcoin price. Those who are for short term traders, or those who buys a month ago are on real profits now. Im still hoping BTC will gain further.
That is true, with current price now those who invested a month before have already enjoyed a great profit now. This really great for the risk takers as the halving effect is really happening.
This is to be expected, and the slope of this rise has my intestines all aquiver. People should sell and take some money off the table. It wouldn't be a bad thing if we got stuck at another plateau like the $430 one we were at for months.
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