Topic: This is not the rise you are looking for (Read 1014 times)

   It`s trap for get rich fast kind of people. They bought low but instead of huge rise, price raised only
$2000, and dropped again. Who didn`t sold on time will cut loses now and lose money.
   As investor I`m careful, even there are many threats I still hold. If Bitcoin price drop to $3000 and that is
more then 50% drop it will not be a first time. I will buy more on that price and wait my time for selling.
   Whales are manipulate with market, but how much they can manipulate exactly? And why would they
cut price in half? Is there some reasons for that, I don`t see any except buying more again when price drop
to have more Bitcoins in the end.

Maybe that is what is happening now and it seems the whales are playing games here. If the price of bitcoin keep on making this type of corrections we may see bitcoin fall to $3,000 before end of this year.  Investors should also be careful as the whales are out to manipulate the market.

Of course we do, why we shouldn't be confident and expect that bitcoin will increase soon?
I'm not saying about too much but it will be back on track.

It doesn't matter if it got stuck below $8,000 still its higher than $5,000 and we're not going to see it stay there forever.

People still too much confident and expecting that bitcoin price will increase too much in next few weeks. The bitcoin price is still stick below 8000$ because of some new that are wondering in the market but I think that very soon this situation will come to an end and again we will see bitcoin price increasing its value.

price again showed that was not the rise that goes to the moon.
last 2 months a lot fo people thought that it has a potential to rise, but it was obvious that this mid-trends are going down at the end.If this price doesnt correct in a few days that means we are going 4-5k in a few months.
Of course you can still continue your fairy tale "btc price is not predictable".

I agree with you. Even if the price drops a little in the next month or so, the final value at the end of the year should be at least 10k or higher. The steady growth is something that we can expect and If you have money now is a good time to get in.

The rise will always happen before the year ends so do not worry if the market price today is dumping because it only means that you still invest a huge amount in order to earn more profit when the market pumps up again.

Rise isn't bad as you say, it doesn't means bitcoin will fall soon and fall will be worse, even if it happens, that's the passion of trading. Also investing in crypto is really like a gamble but with this logic investing in USD/EURO/GBP is like a gamble too, why not? These currencies sometimes fall a little, sometimes rise, it's gamble but here risks are very, very low, can say the same about profit. That's why bitcoin is very risky, the more you invest, 100x more you profit or you'll end up loosing everythinf if you are nervous and can't wait.

The expected growth for the present time period is big, but the market didn't move as predicted. Now a small percent of growth has taken place after a long time period reaching around $7500. What we experience at present seems to be a start for the bull trend which will gradually grow further reaching big value.

Yes, you're right. Never expect too much on what you invest. Investing in crypto is like a gamble, you don't know whether you will win or loose in the end. So better to invest only what you can afford to lose. As we all know, bitcoin price is unpredictable. We are not sure if it  will continuously increase or not. For now, preferably HODLing is the best option while waiting for the price to reach at its peak.

I agree, it's hard to predict the exact day the price will ris eor fall but in the end you do know one thing for certain and that's the fact that BTC will 100% rise to some insane heights if the market crosses the 200billion cap again.

 It is hard to say if bitcoin is will rise everyday then suddenly fall. As of now, bitcoin price is increasing little by little. Hopefully, it is the start to rise the price until the end of this year. Let's just wait and see what will happen and its our strategy how we handle this kind of situation we can invest in bitcoin or altcoin while the price is low.

bitcoin prices are hard to predict and will have an ever-changing price, prices can go up and down anytime, so we should be able to really see the opportunity to earn profits and luck will also be with us

in my opinion at this time can not be said for the increase of bitcoin price because currently the bitcoin price only rises temporarily and still can not trigger the increase up to the price of $ 20k again.

There is a huge chance for the market prices to pump up again any time soon because people are starting to invest again today and the price is currently at $7k dollars.

I don't know how you could reasonably believe that there is so much empowerment within "us" to be able to collectively control BTC's price direction because the sphere of "us" in crypto and bitcoin has been growing and growing and growing, so as the market cap grows, the means for liquidation of BTC and the number of adopters, it becomes harder and harder for any kind of "us" to really push the price direction.  Also, as the BTC adopters grow, it becomes exceedingly more diverse, and with a whole hell-of-a lot of mixed agendas and even confusion about what it is that they (we) are investing into, exactly, so in that regard, it seems to me that we have to accept that we are more likely followers of the market rather than makers of the market, no? 

Yeah, spread the word, blah, blah, blah, but bitcoin is going to do what it is going to do, and on an individual level, each of us has to attempt to prepare ourselves, as best that we can for our own situation, that either price direction could happen.. .well , that is UP, DOWN or sideways...  or some combination of them and not in any particular expected or self-created order.

Surely, several BTC holders, and more likely the longer term holders are not going to get tricked out of their coins, and they are going to be buying on the way down, and selling on the way up in order to prepare themselves to buy more in the event that the price goes down again.

Totally depends on us, the holders and new investors. Unless we support it, reaching $10k is still far yet. As the past trends, it will take much more time, because people tends to panic and they will sell whenever they reach their buying price.

There is some boost from shorts which must close but also this bottom price and extended action meant the downtrend did not appear to be true any longer.     What seems quite bullish now is the upper prices here are just an old trend which was also upwards.   Its not really a ceiling, I think 7700 is quite likely as a proper target and then we can observe if any proper amount of selling occurs



The basic take away from this chart would be the pattern of higher highs.   So each peak on the chart is slightly ascending and I've just mentioning this is in line with an old uptrend channel.    I think the solid horizontal above is more likely where BTC price goes and must challenge

Bitcoin will rise just like what happened last year so the best thing to do right now is jut invest while you still have the time in order to earn more profit in the future.

I largely agree that we need to take current BTC price rises with a fairly large grain of salt, and surely I will feel more comfortable once BTC prices get to the $10k testing territory - otherwise, current BTC prices remain too close to having the ability to retest lower end support.