Some Interesting pump in BTC - page 2.

Ridwan Fauzi

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

You may need to read another prediction, but yeah it depend on yourself. You could stand to your prediction or you are make another analyst and compare with someone else prediction.

As you can see now, the price of bitcoin is hard to reach $10.000 barrier, its pricr just can reach $9900 barrier and after that we can see the dump came as has happened in two day ago.

There another thread on this section who discuss about halving event and there is a user who says that halving event is not give a good impact for bitcoin pricr directly, I mean in the same year.

You have to see the halving event that has happened at 2016 ago, the halving effect wasn't given an increase price for bitcoin but it neer one year for the pricr up more than 1000%, as we have seen the pricr bitcoin was up to $20.000 from $900, it was unbelievable.

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Quote from: pooya87 on May 22, 2020, 07:05:22 AM

Quote from: ancafe on May 20, 2020, 01:17:48 AM

Well, there's no harm in getting excited about the price of bitcoin after halving. but, given the current situation, it's quite difficult to speculate above $ 11k. however, the price of bitcoin so far has not exceeded the $ 10k price. it is possible that the increase will occur slowly. it might take months to see the price of $ 12k.

actually "after" halving there hasn't been that much excitement, historically speaking. usually all the excitement starts a month before halving and ends about a couple of days before the halving date. now that we are in after halving times, we have a much more stable market and a lot more accumulation rather than price rises. as we can see even with the increased number of FUD in the past couple of days the manipulators have failed to create any kind of drops while price still remains above $9k.
i wouldn't be surprised if we stayed here for at least another month. that would also be logical as the effects of 50% lower fresh supply could slowly show itself by then.

What should be happy after Halving has not been able to redeem $ 10k in the last few and even want to touch it again down, maybe it could be that the economic factors that occur at this time so high beyond that will not be so happening now.

Looking at the history before it is always impressive what it is halving, but this year everyone is silent seeing the movement of bitcoin which is so fluctuating and cannot be relied on anytime soon after halving.

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect???

maybe what happened is this: some whale bought a lot and made the price go up and then people started to buy thinking that a lot of people are also buying and for this reason the price is going up and now that there are no more people to buy the price is stagnant at $9000, maybe drop to $8500

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

if that were so then the price would continue to rise a lot, the rich when they do something always tell their rich friends and their rich friends would also buy bitcoin

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

this has always been a market dominated by whales and it is unlikely that the price will reach $12,000 if cannot break $10500

michellee

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I am afraid that the pump will not come so soon because the bitcoin price now is at a lower price. Maybe it will happen at the end of this month or the next month because there is no sign to the pump for the coming. We need to prepare ourselves if we want to take part in that moment because when the pump is coming, it will not happen for a long time. You need to wait and always check on the market, so you don't miss that moment.

lienfaye

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The price pump is not consistent so we cant expect for now that there's a bullrun coming since the price is declining. After halving the price indeed show growth and many of us are assuming that this can be the start of a much better value for bitcoin however its not happening. It was stable ranging to $9k and above, I think it takes months or a year before we can see a drastic price pump, an indication for bullrun just like what happened in the past.

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

Actually we can easily predict the movement of bitcoin when there is a hype, the recent increase of bitcoin was just bought by the halving hype, and whoever is buying, hype will always result to increase of demand and volume in exchanges, and we have witness is but unfortunately it didn't last, because that's the norms of a hype.

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

Hopefully it will reach that level, but there has been a correct of price lately, and bitcoin was dropped below $9000 and just slowly recovers but not stable yet.

pooya87

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Quote from: ancafe on May 20, 2020, 01:17:48 AM

Well, there's no harm in getting excited about the price of bitcoin after halving. but, given the current situation, it's quite difficult to speculate above $ 11k. however, the price of bitcoin so far has not exceeded the $ 10k price. it is possible that the increase will occur slowly. it might take months to see the price of $ 12k.

actually "after" halving there hasn't been that much excitement, historically speaking. usually all the excitement starts a month before halving and ends about a couple of days before the halving date. now that we are in after halving times, we have a much more stable market and a lot more accumulation rather than price rises. as we can see even with the increased number of FUD in the past couple of days the manipulators have failed to create any kind of drops while price still remains above $9k.
i wouldn't be surprised if we stayed here for at least another month. that would also be logical as the effects of 50% lower fresh supply could slowly show itself by then.

ancafe

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Well, there's no harm in getting excited about the price of bitcoin after halving. but, given the current situation, it's quite difficult to speculate above $ 11k. however, the price of bitcoin so far has not exceeded the $ 10k price. it is possible that the increase will occur slowly. it might take months to see the price of $ 12k.

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks.

Yes, short terms target around $12k sounds realistic but selling pressure around $10k barrier still persists. If bitcoin fails to break this big psychological resistance level with this attempt then we can expect a small pull back up to $8.5k levels to gain more power to permanently pass over the 4 digit era. In my observation, pumps are not happening in interesting manner but I do bull are struggling to sustain.

The halving reward drop must be playing vital role in supporting the bears. Miners must be selling more bitcoins to cover their expenses. They need prices to double theoretically to enjoy same level of profits. This may be the simple signal for all of us to assume price may hit $20k at any time. After testing $20k, we can see lots of interesting pumps there after.

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Quote from: Dollar_Hunter on May 18, 2020, 03:02:49 PM

there are currently no signs for Bitcoin to be able to Pump again, the increase in Bitcoin before halving has been more than 100%, it is quite good because it can return to the current level of $ 9,000, I am still watching to enter again

havent you look on the price of btc lately arent you? check it sometimes and youl see that btc value is really increasing and showing a positive sign these days.

the increase might be 100 percent before but that wasnt surpassing the 10ks usd limit . the expected increase after the halving is much more better because the price were already at 9k , only few pumps and it will be over 10k or more .

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect???

No, this is not a bull run per se. Probably it's just a rush to squeeze to make a good profit after the halving.

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

Big business are wise enough not to invest when the price is on top. If anything they do here, is to invest when the price is way below to make more money for them. So I guess they have been filing their bags when the price is like around $3000-$5000 and not close to five digits.

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

Well $12000 is really good, but if he hit that price very quick, then it is very not organic increase unless there is a good news to really push that price to that level.

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there are currently no signs for Bitcoin to be able to Pump again, the increase in Bitcoin before halving has been more than 100%, it is quite good because it can return to the current level of $ 9,000, I am still watching to enter again

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

The market is really unpredictable. There are a lot of prediction that the price will experience some sort of dump, however, we didn't see it happening. Although there are reports that old mining rigs have been retired because it's no longer profitable. But we didn't see any effect on the price. Maybe hashrate has no correlation to the market price.

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

Although, the price is increasing post-halving, 5 digit seems to be very hard to reach. Definitely $12k is doable, might take some time before you can finally reach it. The next coming months will be a big test, so see if we can reach it, otherwise an imminent down side to $8k-$9k.

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Every little appreciation in value of bitcoin is often mistakenly referred to as a pump, while in reality, it could just be another normal daily/weekly price movement that happens every time. If it was a pump, we would see bitcoin tank back to $6000 or lower by now, but from the looks of it the value is still there while the volume remains essentially the same prior to the rise back to $9000.

And to the notion that rich dudes are buying right now, think again. They would have done so when the price sits @ $5000 and lower, though I'm sure that there are still some smart guys out there that managed to snatch some coins when the price is literally on the floor. Anyway, price being stable/holding on to these levels does not necessarily mean a bull run is under way. Just look at the numerous similar scenarios that we had in 2019 that people thought was the 'one' that can top the 2017 bull run.

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I do not see it as a pump in bitcoin price, pump is usually artificial and temporary, I see this as a bull run, or a simple increase if you ask me. Of course it is not enough and of course we want to see more of it, however the price staying still or going up after the halving worths a lot.

I feel like maybe the best case scenario we could have right now would be simply increasing over 10k and even more and that way we could maybe have a stepping stone that is higher, going above 10k would mean an increase would be towards 12k or more, a price of 8k means an increase would be to 10k, so there is a big difference on when you start an increase and starting at 10k would mean a lot nowadays. Of course what will happen with this lockdown situation will affect a lot as well.

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Quote from: Kelvinid on May 17, 2020, 10:03:11 PM

Nah, Its not Bull effect but it is halving effect.

Halving has almost nothing to do with the current price, unless you woke up after several months of sleep and you don't know that the price of BTC before the pandemic was above $9000. The fact that today we have only 900 new BTCs per day compared to 1800 before halving cannot instantly change the supply-demand ratios, nor has it happened.

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

Do you really think they are buying right now? Well, two months ago, they had the opportunity to buy at 50% off, and the markets have done pretty well since then. If the big players were really buying in the open market, (which of course they don't do - OTC) then the price would be far higher than is the case today.

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Quote from: judaspriest on May 18, 2020, 08:32:08 AM

Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

$ 15,000 can be achieved I'm sure, maybe at the end of the year the price of Bitcoin will try to go up,
for now I don't focus on Bitcoin, because Fomo is gone after halving, it's better to Altcoin

But that was worse if we'll go into altcoins since we know that these coins are just depending on Bitcoin. If that FOMO will start, I have no doubt that altcoins will dump also. I suggest to you, better to keep Bitcoin and if you are afraid of buying today because of that possible market correction, have to save it.
It for sure that the market won't rally that quickly. Bullrun ain't that possible but for that short period of time, never gonna make it.

judaspriest

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

$ 15,000 can be achieved I'm sure, maybe at the end of the year the price of Bitcoin will try to go up,
for now I don't focus on Bitcoin, because Fomo is gone after halving, it's better to Altcoin

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Quote from: mahilchii on May 17, 2020, 05:59:09 PM

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

Don't be too excited mate, this ain't the bull run. Somehow, you're telling a good thing. The world's economy isn't shaping good and that's why people look for a way to flee from this effect. Let's be positive however, don't be too quick in assumptions.

Just wait until the long term effect of halving takes effect. $12k is going to be just a full day of quick reach for bitcoin. And that's how it usually moves like how we see it most of the time, a normal quick rise which basically followed by a correction.

maydna

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Unfortunately, we are still at the $9k level, and it seems, the price hard to break $10k this month. But I believe that in the end, the bitcoin price will have the time to break $10k and the price will still increase and break another high price. But to go to that price, we need to enjoy the price move, and I think we can get a chance to buy low and sell high many times if we can analyze bitcoin price movements at the market. But be careful because no guarantee that bitcoin price will stay at the high price, and the chance for bitcoin price to get dump will be wide open. Stop trading whenever you feel that it is enough for you to take the profit and don't force yourself to follow the price because that will not always work for you.

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