I dont care. I dont give a fuck.
Ah the typical holder attitude. Honestly it's dame for me lol, I couldn't care less about the everyday FUD and fluctuations of $2-3k. I mean I'm in profit until BTC drops below $500 so who cares if it's 8k or 6k, still sitting on profit. 
Topic: The breakout is fake, BTC price will dip again. (Read 270 times)
It's called a glade.
Very good analysis.
Volume is needed to make any price anaylsis meaningful.
Keep up the good work thank you.
Volume is needed to make any price anaylsis meaningful.
Keep up the good work thank you.
I dont care. I dont give a fuck.
Ah the typical holder attitude. Honestly it's dame for me lol, I couldn't care less about the everyday FUD and fluctuations of $2-3k. I mean I'm in profit until BTC drops below $500 so who cares if it's 8k or 6k, still sitting on profit. 
I dont care. I dont give a fuck.
Ah the typical holder attitude. Honestly it's dame for me lol, I couldn't care less about the everyday FUD and fluctuations of $2-3k. I mean I'm in profit until BTC drops below $500 so who cares if it's 8k or 6k, still sitting on profit. 
I dont care. I dont give a fuck.
Same.. So much future tellers in this forum and no one even try to say “I made a mistake” if they are busted of wrongly predicting it.. Day by day,, new thread will be created and credited for this work.. I don’t believe such pointless predictions anymore,, it doesn’t help the bitcoin to recover.. But it only created the opposite and that is negatively affect the mindset of new investors..
Personality, I'm in from early enough that I'm comfortable for it to go to around $1,000 at the bottom of a bear market.
At this point it definitely looks like we are transitioning into a bear market, because we've just come out of a huge overdramatic bull market and there's been a downtrend for a couple of months now.
If we're going into a bear market, I doubt it really matters that there are breakouts to people other than day traders. I'll be sitting back and watching the exact amount of profit I could have fluctuate.
Bear market it is but isn't it too deep to go through $1,000? it does required something to bring down the trend of resistance. Besides prices are playing at around $8k to $10k and the price do fluctuate much more on the dip rather than on growing. It's a bit hard for day traders to adjust to this volatility this days... One must have to say this again to all the hodlers out there, "HODL". lolAt this point it definitely looks like we are transitioning into a bear market, because we've just come out of a huge overdramatic bull market and there's been a downtrend for a couple of months now.
If we're going into a bear market, I doubt it really matters that there are breakouts to people other than day traders. I'll be sitting back and watching the exact amount of profit I could have fluctuate.
I dont care. I dont give a fuck.
Personality, I'm in from early enough that I'm comfortable for it to go to around $1,000 at the bottom of a bear market.
At this point it definitely looks like we are transitioning into a bear market, because we've just come out of a huge overdramatic bull market and there's been a downtrend for a couple of months now.
If we're going into a bear market, I doubt it really matters that there are breakouts to people other than day traders. I'll be sitting back and watching the exact amount of profit I could have fluctuate.
Bear market it is but isn't it too deep to go through $1,000? it does required something to bring down the trend of resistance. Besides prices are playing at around $8k to $10k and the price do fluctuate much more on the dip rather than on growing. It's a bit hard for day traders to adjust to this volatility this days... One must have to say this again to all the hodlers out there, "HODL". lol At this point it definitely looks like we are transitioning into a bear market, because we've just come out of a huge overdramatic bull market and there's been a downtrend for a couple of months now.
If we're going into a bear market, I doubt it really matters that there are breakouts to people other than day traders. I'll be sitting back and watching the exact amount of profit I could have fluctuate.
The last contracts close of bitcoin futures caused a manipulation that sent the price downward. If bitcoin futures are closing again, then I believe they'll try to manipulate the price lower yet again.
If anything, there's a high likelihood the price will continue to dip until the end of the day on the 14th, when they'll let the price rise again.
If anything, there's a high likelihood the price will continue to dip until the end of the day on the 14th, when they'll let the price rise again.
Personality, I'm in from early enough that I'm comfortable for it to go to around $1,000 at the bottom of a bear market.
At this point it definitely looks like we are transitioning into a bear market, because we've just come out of a huge overdramatic bull market and there's been a downtrend for a couple of months now.
If we're going into a bear market, I doubt it really matters that there are breakouts to people other than day traders. I'll be sitting back and watching the exact amount of profit I could have fluctuate.
At this point it definitely looks like we are transitioning into a bear market, because we've just come out of a huge overdramatic bull market and there's been a downtrend for a couple of months now.
If we're going into a bear market, I doubt it really matters that there are breakouts to people other than day traders. I'll be sitting back and watching the exact amount of profit I could have fluctuate.
The price since hitting 6k has been fairly stuck between 9k and 12k for the most part and I don't see that changing any time soon. It'll pump for a few days to 12k then dip for a few days back down and that pattern is likely to repeat until there is something significant enough to break the support or resistance at either end.
Yes, i do feel like it does need something like that to break its resistance hence a fork maybe or a good news for a week and i'm sure it will go change the way it used to be. People will follow if they saw where the price is heading and that's what most people are waiting for, to ride the bandwagon. 
We're just going to end this bubble like the 2013 one. It doesn't need FUD. The amount of dumb money in this run, just like the 2013 one, is larger than you think. Everyone around me suddenly talks of BTC this year. It's all dumb money.
Whether we get another 2014/15 is the thing everyone wants to know.
But yes, the money was possibly even more stupid this time around compared to last time. How XRP could've got to over $3 is staggering, let alone the whitepaper coins like Tron.
I hope by the time the next bubble comes along there'll be some actual justification for it.
nah, that's just not how it works. the bubbles are massive layers of hype (essentially gartner hype cycles) build on top of slowly uptrending utility. that leaves lots of room for dumb money speculation and it happens every cycle because of rational human reaction to the market cycle. people want the next big thing, and they want to get rich---the bitcoin/altcoin bubbles feed into those dreams well. the masses aren't thinking, "oh, this bitcoin technology is really empowering and revolutionary. let's end trust in finance and start using sound money!" they're just looking for the next big thing and they'll bail when the hype is over. it's not a matter of "good tech" or "bad tech" or scams or real utility or any of that.
that will be true until the "s-curve" has completed and adoption has plateaued. by then, mainstream adoption has already occurred and there isn't much upside left from a speculative standpoint. and that's when you'll see "justified" valuations for bitcoins and shitcoins alike.
Yes, probably there might be another dips and probably might be longer than the ones who have been seeing. But yet, we are quite unsure when the next one will be and how much it the price will be. Dont be surprise if the next dip might hit below 5k; cause the Cryptocurrency market is quite unpredictable. And I seriously think that we should take a break in this constant prediction of bitcoin market price. Its very confusing.
What's the point of constantly trying to wrongly 'predict' the market? Release one analysis per week, and focus on how you think the market will behave from that point. It's obvious that the market isn't going anywhere any time soon, so it's pretty pointless to say that we're up for an increase one day, and refute everything the other day. It's longer term consolidation between an obvious range that will likely remain for a couple of more weeks. Nothing hints at an increase, and nothing even justifies an increase -- we have to accept that we'll keep seeing these ping pong movement over and under the $10,000 level.
The price since hitting 6k has been fairly stuck between 9k and 12k for the most part and I don't see that changing any time soon. It'll pump for a few days to 12k then dip for a few days back down and that pattern is likely to repeat until there is something significant enough to break the support or resistance at either end.
We're just going to end this bubble like the 2013 one. It doesn't need FUD. The amount of dumb money in this run, just like the 2013 one, is larger than you think. Everyone around me suddenly talks of BTC this year. It's all dumb money.
Whether we get another 2014/15 is the thing everyone wants to know.
But yes, the money was possibly even more stupid this time around compared to last time. How XRP could've got to over $3 is staggering, let alone the whitepaper coins like Tron.
I hope by the time the next bubble comes along there'll be some actual justification for it.
We're just going to end this bubble like the 2013 one. It doesn't need FUD. The amount of dumb money in this run, just like the 2013 one, is larger than you think. Everyone around me suddenly talks of BTC this year. It's all dumb money.
I think we're in dull chop for a period of time myself. It'll be neither here nor there. It might pop down sub 6-7k but it's just as likely to break five figures again and nothing will really have changed. I suppose to some people that would be alarming. I'm beyond it myself.
In two or three days it seems like we'll see the bitcoin value movement after the Trustee crime was uncovered a few days ago. However as small FUDs are still circulating around us I think the movement is a bit hampered maybe we need May or June to get a high value increase.
Jump to: