Topic: The excitement is over, what's next? (Read 881 times)
We've lost the 2 day fast rush meta, its inevitable when it fails to pass the 10k like it has previously. Now more importantly its challenging the whole positive phase and if failing could lead to a more serious set of selling then just the normal back and forth. I'm willing to take a gamble its on a wider negative path if we can pass 9500, then 9200 prior action leading down to the most recent significant bottom which is 8000 or the 200 day average also now the 50 day.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Do you think that a situation is possible when there is a "clear" signal where the price will go? This is a market, and here there are a lot of completely different factors that cannot be predicted/calculated. And as you can see, the price was already above 10k and after that it just as easily dropped below this level of "support".As I said still I don't get a signal whether the price will move up or down since it just hanging in the price region.I thought we will go back $8000 immediately after the halving but it is yet to happen so still waiting for the price movement in the coming week. Hope it will be a green signal.
Breaking the $10,000 resistance maybe a clear signal for you right? Since Bitcoin is struggling to break that figure base on the price movements from the past couple of days going back and forth from that specific range you've mentioned.
Still, the market remains unpredictable even If it will break the resistance or fall to a support level.
At least bitcoin did not dump, so I guess it's any time bitcoin could pump to $10,000 again because it was stable at over $9k range in the past few days. I did dump a bit after the halving, but look at the price now, what's the reason why it's still pushing uptrend, maybe we can consider that bitcoin is due for a rise post halving, but like you said, it's very unpredictable but let's just continue to believe as bitcoin is a kind of asset that always surprises us.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Do you think that a situation is possible when there is a "clear" signal where the price will go? This is a market, and here there are a lot of completely different factors that cannot be predicted/calculated. And as you can see, the price was already above 10k and after that it just as easily dropped below this level of "support".As I said still I don't get a signal whether the price will move up or down since it just hanging in the price region.I thought we will go back $8000 immediately after the halving but it is yet to happen so still waiting for the price movement in the coming week. Hope it will be a green signal.
Breaking the $10,000 resistance maybe a clear signal for you right? Since Bitcoin is struggling to break that figure base on the price movements from the past couple of days going back and forth from that specific range you've mentioned.
Still, the market remains unpredictable even If it will break the resistance or fall to a support level.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Depending on how you see it.
Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.
It's a guessing game for traders and speculators, for us long-term holders it's just daily volatility! I don't bother
myself with that, and I don't agree with the headline! Excitement is not over, in crypto-currencies you have big
rises and drops every month, but this halving made many people to excited, in my opinion it's just FOMO. Most
of us here that true excitement will be next year.
That's just a small FOMO if there is really a FOMO, we've surpass that $10,000 already last year, so it's not a big thing that we rise at that level and therefore bitcoin is not likely going to dump, it might be stable this year but hopefully there's some big improvement we will see this year from last year.
Quote
South China Sea
is international waters, its China who is making proactive moves in that situation. Might be a good analogy for the wider picture, whether USA realises or not they benefit from the status quo and so are unlikely to change it. However factors like this virus are natural and reoccuring inevitable events that upset the order. Its probable China does something sooner or later and hence thats the excitement of another type on a macro time frame. This year I dont see as that exciting vs the ones after.
However, what is the status quo for China? A large area of the South China Sea is not international waters according to China's 9 dash line claim.
Also, your post is confusing. What is your point?
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Depending on how you see it.
Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.
It's a guessing game for traders and speculators, for us long-term holders it's just daily volatility! I don't bother
myself with that, and I don't agree with the headline! Excitement is not over, in crypto-currencies you have big
rises and drops every month, but this halving made many people to excited, in my opinion it's just FOMO. Most
of us here that true excitement will be next year.
That's just a small FOMO if there is really a FOMO, we've surpass that $10,000 already last year, so it's not a big thing that we rise at that level and therefore bitcoin is not likely going to dump, it might be stable this year but hopefully there's some big improvement we will see this year from last year.
Do you think that a situation is possible when there is a "clear" signal where the price will go? This is a market, and here there are a lot of completely different factors that cannot be predicted/calculated. And as you can see, the price was already above 10k and after that it just as easily dropped below this level of "support".As I said still I don't get a signal whether the price will move up or down since it just hanging in the price region.I thought we will go back $8000 immediately after the halving but it is yet to happen so still waiting for the price movement in the coming week. Hope it will be a green signal.
So, do you expect significant growth only after a temporary drop to 8k? Correct me if I misunderstood you. In any case, fluctuations in the range of 5-13k in whatever order they occur will not be something special. We have seen many such movements even without events like a halving.
Quote
South China Sea
is international waters, its China who is making proactive moves in that situation. Might be a good analogy for the wider picture, whether USA realises or not they benefit from the status quo and so are unlikely to change it. However factors like this virus are natural and reoccuring inevitable events that upset the order. Its probable China does something sooner or later and hence thats the excitement of another type on a macro time frame. This year I dont see as that exciting vs the ones after.
However, what is the status quo for China? A large area of the South China Sea is not international waters according to China's 9 dash line claim.
Also, your post is confusing. What is your point?
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Do you think that a situation is possible when there is a "clear" signal where the price will go? This is a market, and here there are a lot of completely different factors that cannot be predicted/calculated. And as you can see, the price was already above 10k and after that it just as easily dropped below this level of "support".As I said still I don't get a signal whether the price will move up or down since it just hanging in the price region.I thought we will go back $8000 immediately after the halving but it is yet to happen so still waiting for the price movement in the coming week. Hope it will be a green signal.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Do you think that a situation is possible when there is a "clear" signal where the price will go? This is a market, and here there are a lot of completely different factors that cannot be predicted/calculated. And as you can see, the price was already above 10k and after that it just as easily dropped below this level of "support". 
To my opinion the price will continue to fluctuate.
I don't expect that it crosses 10000$ barrier, at least not so soon.
Many are disappointed because halving didn't bring ecpected huge price growth but if you ask me that wasn't even realistic. For a while price might stay in the range of 8000$ to 9000$ and how it will move on this time will not depend only on developments in crypto market but also how the global crisis will develope.
I don't expect that it crosses 10000$ barrier, at least not so soon.
Many are disappointed because halving didn't bring ecpected huge price growth but if you ask me that wasn't even realistic. For a while price might stay in the range of 8000$ to 9000$ and how it will move on this time will not depend only on developments in crypto market but also how the global crisis will develope.
Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.
So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
I guess price will stay on this range for quiet long time till the economy catches up to the losses and again starts to grow. Till then I believe the price will stay in this range plus minus $500.So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
Also most of the people who had to sell their bitcoins have already sold them and now as the lockdown is slowly lifting off with some restrictions the people will start accumulating again in a few months or so.
By around 2021 we are going to have another hype out of nowhere and that is when people will realize why the excitement could still continue forever. This wasn't one time deal, I am really shocked that bitcoin wasn't even going higher, I was expecting over 20k because bitcoin is a lot more valuable right now. Do you understand how valuable it is that we are not making as much bitcoin per day as we used to?
There will be a moment when bitcoin will be a lot more valuable because people are not making as much bitcoin as they used to from mining yet the price is not really that much. Are they still making a profit? If they have low bills and the cost is low, plus they need a good machine that is newer as well, if all of those really happens I am sure they still profit but they used to make a lot more.
There will be a moment when bitcoin will be a lot more valuable because people are not making as much bitcoin as they used to from mining yet the price is not really that much. Are they still making a profit? If they have low bills and the cost is low, plus they need a good machine that is newer as well, if all of those really happens I am sure they still profit but they used to make a lot more.
I will favor more discount. because if you look at the chart of BTC it has grown continuously on the weekly candle and I have never seen this happen. that will lead to overbought and a correction in prices will take place soon. We should accumulate USDT and wait for the price of bitcoin to fall to around $ 8k7 and $ 8k2 to buy.
It was expected to have that market correction after a few pumps. In fact, we drop below $9k during halving but look at how it changes after the dump? We are already heading up to $10k which I think it was the effect of the decreasing numbers of miner today. It was in a big opposite scenario which I think that it decreases as hash rates are slowing down.Anyway, it was looking great but I'm not really confident that this will lead to bullish, instead, I was thinking price manipulation with the miners. I hope I was wrong...
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Depending on how you see it.
Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
don't expect too much for bitcoin right now, because maybe the price of bitcoin is in that zone, Hope it will clear the barrier of $10K resistance level soon.
it's better to see altcoin. And enter to the altcoin now
specially in halving season?Of course still Bitcoin is the
best for investing and may the altcoin is added in case we needed to
decide buying.Look now Bitcoin is starting to rise again
pricing $9,700 and more we might not see that 10,000$ again and besides
this is halving season and eyes are for bitcoin first to
growth before altcoins.so before investing in alts better think of it first to at
least make bet on bitcoin
and just add some altcoins.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
These are the key levels and sooner or later bitcoin will move up or down from these levels. I do hope that it moves up and crosses the 10K level but i don't see much TA / FA which supports this. I think bitcoin might move and test 7.8-8K level and then start another move upwards.
There are certain things what we can call surprise and bitcoin always doing that to us so although there's no support for now but provably the demand will rise since remember we are still on halving which creates a hype and .any people monitoring the price so we should expect that there are good things will happen these days.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
These are the key levels and sooner or later bitcoin will move up or down from these levels. I do hope that it moves up and crosses the 10K level but i don't see much TA / FA which supports this. I think bitcoin might move and test 7.8-8K level and then start another move upwards.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
don't expect too much for bitcoin right now, because maybe the price of bitcoin is in that zone, Hope it will clear the barrier of $10K resistance level soon.
it's better to see altcoin. And enter to the altcoin now
Quote
South China Sea
is international waters, its China who is making proactive moves in that situation. Might be a good analogy for the wider picture, whether USA realises or not they benefit from the status quo and so are unlikely to change it. However factors like this virus are natural and reoccuring inevitable events that upset the order. Its probable China does something sooner or later and hence thats the excitement of another type on a macro time frame. This year I dont see as that exciting vs the ones after.
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.
Hope it will clear the barrier of $10K resistance level soon.
Hope it will clear the barrier of $10K resistance level soon.
Depending on how you see it.
Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.
It's a guessing game for traders and speculators, for us long-term holders it's just daily volatility! I don't bother
myself with that, and I don't agree with the headline! Excitement is not over, in crypto-currencies you have big
rises and drops every month, but this halving made many people to excited, in my opinion it's just FOMO. Most
of us here that true excitement will be next year.
Jump to: