Time for that Long? - page 7. | Bitcointalksearch.org

liuqi

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Quote from: usekevin on June 25, 2018, 07:12:20 PM

Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

It will raise in next peak so undoubtedly know this fact but peoples are eagerly waiting for the next hype. If you think it will grow in this month i do not believe your thoughts because current scenario no positive response are comes in the market. Then how it will raise in 7k USD may be it will stay in 6.5k USD i agree with you.

impulse709

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Quote from: usekevin on June 25, 2018, 07:12:20 PM

Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

Still no sign showing that bitcoin will recover soon, but 7000$ is not really hard for bitcoin to reach. I think bitcoin will reach to 7000$ and then crash soon before making new peak.

samcrypto

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

Maybe that's already a bottom but we should not panic if this market continues to dump because it will rise again for sure. July is coming and I know it will be a great month for bitcoin and also for us. Bitcoin will increase instantly because those who sold at a loss will come back.

usekevin

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

pey

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That is the bottom to me, and I am buying bitcoin as a long term investment now. As many people are aware of bitcoin now compared to past it will not definetely decrease to 3000

htconem7

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

You can see that the market is constantly fluctuating and difficult to guess, so to be able to trade successfully at this point is very difficult to hit the Margin is very easy to lose, you will lose if only with a wrong judgment. So I think that at this point you should wait for the market to be better than can continue to trade.

1Referee

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The downtrend will continue till something fundamentally manages to reverse the sentiment, which is extremely difficult to achieve.

If we have to get out of current 'slump' without anything offering a helping hand, we can only let whales do their thing and absorb the excess of coins that are in circulation currently. The coins need to be taken off the market in order to get rid of a major obstacle for future growth.

Another thing is that the MtGox coin distrubition might play another important role to more coins coming back in circulation.

Positive aspect is that coins that have been sleeping for years are becoming virtually more expensive. With this I mean that instead of old hands holding Bitcoins bought at $100'ish prices, the coins dumped by them will land into the wallets of new investors having paid thousands of dollars for them, which significantly increases the base value of Bitcoin.

Slow death

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

it is time for epic Long?

epic Long? with the tough stances that governments are imposing on bitcoin? I think we have to start forgetting the past where we had very large increases and focusing on the current reality. I'll give you a great example here. Look this:

Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister

see that the Prime Minister made many praises for blockchain, in every interview Prime Minister just praised blockchain, even when asked about crypto Prime Minister was talking about blockchain... What happens is that all governments look just blockchain and do not want know about crypto. Is as if crypto were something invisible and this is getting worse with each passing day. We need more and more governments to look at crypto in a positive way and adopt crypto.

kevoh

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

Then stop being bothered about calling the bottom price, it's not like there's much you can do about bitcoin's price dropping even to $500! Get with the flow and do what other smart traders do in when there's a a drop in price.

Alkhalifi69

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indeed the state of the market for now is very complicated, it is very difficult to predict whether it is now in the bottom or later market conditions can still be in the bottom position again.
for the current circumstances alone we have a lot of losing a lot of money especially if the market conditions getting worse.
but I remain optimistic market conditions will not be like this continuous state of the market can definitely recover and hopefully the price can quickly soar again.

danherbias07

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

That was funny. But because we almost have the same speculation. I thought the bottom was 2 months ago and then 1 month ago and then baaam!! here comes another price dip.

It is really hard to predict the market of crypto currency. All we can do is go with the flow. Regret that I didnt sell with those large prices but I am still okay with just holding for now. Got no choice though.

Ararbermas

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

For me basically 5k is the new and final bottom on this volatility, because after the price touch down 5k it shows potential to increase until now which is the price is gradually increasing and in my view soon it will jump to the ath after it gained enough strength

mrproblem

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There can be another dip around 5250 for BTC/USD. That's what I am waiting for. So I need to see one week after 5750 dip so this week is important

speem28

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Honestly, I don't know anymore. I was hopeful that when the price of bitcoin is starting to fall down from $8k range that it would only go down as much as $6,500 because I thought that it would have many supports from then on that will surely cause resistance but I was wrong and it went down below. Now we are seeing slight recoveries and let's just hope that another dip will not occur and continue recovering.

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Quote from: LeGaulois on June 25, 2018, 06:01:45 AM

Because people are losing money doesn't make it the bottom. The market doesn't care if people are in lose or not, there is no correlation to it. With the current situation, Bitcoin could go easily below $5,000 and if that happens it's only a matter of time and could happen very soon, surely during this summer. To add to that, I don't remember the market being good during the summer.

We see that price is go low to 5800$ and it stay at that level just a few hours, then it bounce back to 6250$ so it is clear for now that there is strong resistance between 5800-6000$ for some time. I agree that price can go in both ways anytime, and since summer time on northern hemisphere is always in some way "bad" time for crypto, it is possible that even lower levels will be tested.

I am more interesting what will happen in last 2-3 months of this year, can we see any postive changes or we will stay in bear market until some new "big thing" that will couse new pump. Specualtion that big capital is just waiting to enter in crypto markets is something we can read/hear almost daily, I hope there is some truth in that.

Zekemporium

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You want to see the bottom? Well there is none basically because when bitcoin started then it started with couple of dollars in the past. That was the bottom of it. So I am not sure why we say current is bottom for the bitcoin instead of the fact that it could drop down even below this price at any time if there is no proper support for it from the investors right now. The bottom can never be predicted, at this point it could either start going up or it could drop even below than this.

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

The $6k is a strong support and the market structure. Going below at that price will be a disastrous moment for bitcoin but as you can see, as the price of bitcoin goes below it, buyers quickly bought bitcoins and that is the reason why now the price of it is now above 6k although I think it will not be there for a long time. Maybe some buyers are just shorting bitcoin and they are buying just for quick profit.

For me, if the price goes below 6k and will be there for a long time, BRACE FOR IMPACT because there is a high chance that it will go below on that level more and will continue the downside.

parlament9

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And about what day we can speak?
For someone the bottom is 6000, for someone 3000, and for someone cost $5 as bitcoin once therefore this question doesn't demand discussion)
My opinion - we won't fall lower than 3000, and new tops in 20,30 and is absolutely close to 100к$, it is worth waiting slightly

intoy_victor

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Quote from: joulion86 on June 25, 2018, 05:23:27 AM

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500 Lips sealed

I think it's not the bottom price of this year but this is only my opinion. Because it's too early to say that price was the bottom there are many months are coming so we have to wait tell the end. No one knows what will happen in the future.

Pursuer

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at this point it is impossible to say. we have no clue to say whether price is going to rise or fall at this point and with the volume declining it may just be that others don't have a clue either. which means everyone is waiting it out and you may have to do the same in my opinion.
we are past the bottom and all that. if anything the current price is way below the real "bottom" and this here is underpriced bitcoin. and that can not last long.

Topic: Time for that Long? - page 7. (Read 984 times)