Topic: This Huge Price Increase - page 4. (Read 11812 times)
I am not buying this recent rise too, knowing that many have been lured just a few weeks ago when the price climbed back to $4000 only to lose its footing and slid back to $3200. Good thing I haven't bought anything in the past few days though I'm somewhat amazed that the price has gone up for a few days now, knowing that a lot of people could already be on their vacations and no one would be trading during the holidays. If this continues up until the end of the year, we now know that 2019 would be a blast given the number of lined up launches and expected activities for the said year, but I'm not calling it done yet.
bitcoin may close 6500 usd Before the end of February
Maybe 3200 it is the bottom
buy it now and Stop thinking negative The biggest bull in history
Maybe 3200 it is the bottom
buy it now and Stop thinking negative The biggest bull in history
The biggest bull in history? It's always all or nothing for some people. Moon or doom! Maybe that's why BTC trends so strongly, whichever direction it chooses.
My thoughts: we've hit a local top here and breaking $4,000 properly will take some time. I'm looking for some bleeding down into $3,400-$3,600 and more shorts to build up. People will probably get pretty bearish during this time. And then we'll have another leg up.
$6,500 before the end of February is optimistic but possible. I definitely don't think price can sustain there though. It would end as a wick on the longer term charts. Too many bagholders need to sell.
I don't think anyone would think it's not gonna drop again, at least I would hope not. This will likely be a many-month bottoming out process that just got started a month ago. There will be volatility during the bottoming out. Look at 2015, if I remember correctly the price twice rose from about $200 to around $300 during the bottom before bitcoin finally started a bull run later on. Those were 50% gains that evaporated away during the bottoming phase. 18% is nothing, that's just crypto volatility. I'd expect a price range between 3000 and 5000 for at least several months.
I am pessimist for the past few weeks but I have to admit the past 2-3 days have been great. I would like to see it continue to give a new breath to the market, it will encourage people to use crypto again. The question is still the same, how many time will it stay continue like this. And who if then we will go below the 3000$ since recently the increases have been lower than the decreases.
bitcoin may close 6500 usd Before the end of February
Maybe 3200 it is the bottom
buy it now and Stop thinking negative The biggest bull in history
Maybe 3200 it is the bottom
buy it now and Stop thinking negative The biggest bull in history
Seriously...
It's like we're being tricked into thinking that the bear market is finally over...
Could end up in another wtf moment with our pants down.
It's like we're being tricked into thinking that the bear market is finally over...
Could end up in another wtf moment with our pants down.I was expecting a strong correction to the recent downtrend. However, I'm definitely not assuming the bear market is over yet, at least not until I've seen signs of reversal and mid-term uptrend on the longer time frames.
I like the way shorts are rising and longs are plummeting. It looks like we're near a local top, but I don't think this move is done yet. This should go at least to the $4,000s in due time.
You know something's up when people are starting to be suspicious instead of hopeful, so I'm sort of with you on this tokeweed. I mean, a recovery now is unexpected, and how else should we ever expect Bitcoin to move? Christmas bonuses used up to buy more Bitcoin? Doubt it. Bull trap? We've had plenty enough. The volume isn't too shabby either, so I am wondering what's going on.
Be real surprise to see it break 4k before the new year, but even if it does, our journey in the wilderness won't be over just yet.
Be real surprise to see it break 4k before the new year, but even if it does, our journey in the wilderness won't be over just yet.
I also think will grow more next year and not now, because Christmas is coming so i think a lot of people will sell, and i think we need to see bitcoin price over 4000$ before the bull run will start. Anyway i will hold what i have and i will get more coins under 4000$.
I'm not confident as well with these increases but that's it, if this is just a trap we will know but if this really is the end of the bear we will also know about that. It's another time to prove that when bitcoin goes up, alts are also going bitcoin's path.
A Christmas rally and wants people to have another great holidays..
A Christmas rally and wants people to have another great holidays..
Seriously...
It's like we're being tricked into thinking that the bear market is finally over... Could end up in another wtf moment with our pants down.
It's like we're being tricked into thinking that the bear market is finally over...
Could end up in another wtf moment with our pants down. Jump to: