This bubble will pop big - page 2. | Bitcointalksearch.org

agustina2

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Where's the bubble?

A bubble means a heavily growth in bitcoin. If we are to start at $1,200 then with the price today, it's not a 100% increase. A bubble is not like that. We are sitting in high price today but that is still a small portion of the expected bubble. What bubble Im talking of? At least 100% increase from the start of the sudden price increase.

BitcoinNewsMagazine

legendary

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Quote from: moviebuff777 on May 04, 2017, 11:51:00 AM

Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Most likely this is a bit of a bubble. At some point, we will probably have a drop in price but there's no way to know how far the drop will be unfortunately.

No way to know for certain but traders will have bids in at the first two Fibonacci retrace levels. That means the sexy buy zone ATM is $1057 to $1270. Just redraw the chart for a new ATH.

rajasumi3

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The bubble is going bigger day by day and it will reach the saturation point one day.On the other hand my analysis that there will be a huge drop in the price of bitcoins and god knows how much,well even if it falls it should not go below 1000$.

chaser15

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Most people in the bitcoin community already knows that.

Take profits or continously HODL will depends on the current price movement. No way they can just act today while the price is still on surge. In the times like this, as usual, we just have to monitor price closely even while you are sleeping lol. Because you never know what will happen once you wake up, either more price increase or a price crash.

The Sceptical Chymist

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Quote from: hacknoid on May 04, 2017, 11:51:35 AM

Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

This is not a bubble... yet. A 40% rise over the course of a month is significant, but certainly not bubble territory.

Now as for the altcoins, THAT is a different story. Watch out there...

You've got to be kidding. If a 40% rise in a few weeks isn't a bubble, then I don't know how to define the word. I'm definitely expecting a pullback, but I'm trying to just hold. I don't own much bitcoin anyway, so a drop isn't going to wipe me out. It's more fun being swept up in a bull market. Love it!

Shiroslullaby

sr. member

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Im sure you can probably sell some coins, make a profit and buy back when price drops after the hype dies down,
but for a long-term strategy you should definitely be holding some Bitcoin. We are still near the start and price could be much higher in five to ten years from now.

rickadone

legendary

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

I never agreed with the term bubble because people will not buy bitcoins without believing in to its future you cannot convince thousands of traders with a fake reasons. Bitcoin getting into this much higher levels only because of some reasons and of course it would be its potentials.

I do see bitcoin will be reaching price levels like $10k in coming years and there will be no chances for any downfall at this stages. Even if it will happen, we can see price will be bouncing back very soon. Holding will be the right option imho.

blade87

hero member

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Look at the long term chart. Bitcoin is basically a repeating cup and handle pattern, that just broke out of it's last one. Historic data suggests that two things need to happen for it enter a new bubble:

1) Break the old ATH, which we did.
2) Break the strong logarithmic rise that makes up the second half of the cup.

$1800 today is where #2 lies. Indicators are strong for a new bubble to begin. Technically it looks its heading there, and the alt market is severely inflated too. A dump of bubbled alts could send BTC soaring beyond $1800, or good news regarding BTC scaling could too... And if the ETF somehow passes this time around, we're definitely going into a new bubble.

BrewMaster

legendary

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There is trouble abrewing

there will be a price drop for sure, this won't last up at high prices forever. you can't just rise without expecting a correction sooner or later.

but i wouldn't start calling it a "bubble" either we are far from a bubble, if it continues going up for a couple more weeks then maybe we can start calling it as such.

Denker

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

What bubble? Shitcoin bubble? Yeah I would agree on that. That's why you never should hodl shitcoins!
Bitcoin however hasn't even started to get into bubble territory.Although the actual rise is pretty steep. But we're going to hit the upper trendline of a channel, Bitcoin is in for quite some while now.

hacknoid

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

This is not a bubble... yet. A 40% rise over the course of a month is significant, but certainly not bubble territory.

Now as for the altcoins, THAT is a different story. Watch out there...

moviebuff777

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Quote from: DustyRah on May 04, 2017, 11:43:42 AM

Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

Most likely this is a bit of a bubble. At some point, we will probably have a drop in price but there's no way to know how far the drop will be unfortunately.

DustyRah

sr. member

Activity: 533

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Nice rise here and careful now the bubble will pop nice and quick as well.

Take profits while you can or HODL?

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