Time To Buy BTC: Bitcoin Market Right Now On A Buy Signal Suggests Dan Morehead - page 2.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

Personally, ever since the price hit $6000, it was already the time to buy (at least for me) since it might be a long time again before we see such levels. Currently, the price seem to have consolidated at $7800 and $8000 and have not went under that for 3 days. If this was a bull trap, it would be over in about a day or two but nope, it stayed there as if it was its home. Hopefully this would hold, because if this wouldn't, we might see a very tricky $6000 yet again or can even go under that.

But be careful. We should wait for 3 kwukduck FUD posts before we can confirm that it is really the right time to buy. Without the "kwukduck FUD but going to the opposite direction" seal approval it might crash back down below 2018 lows.

Don't say I didn't warn you.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

Personally, ever since the price hit $6000, it was already the time to buy (at least for me) since it might be a long time again before we see such levels. Currently, the price seem to have consolidated at $7800 and $8000 and have not went under that for 3 days. If this was a bull trap, it would be over in about a day or two but nope, it stayed there as if it was its home. Hopefully this would hold, because if this wouldn't, we might see a very tricky $6000 yet again or can even go under that.

Agree, when we (double)bottom around $6000, it was the perfect opportunity to accumulate more bitcoin in our wallet. However, I pitied those who didn't jump and still waiting for the price to go either lower. LOL. Now the price keeps fluctuating around the $7900-$8100 range so I don't think that this is another bull trap that we have seen in the last 3 months. We should wait and see if the mental barrier that is $8500 would be broken in the next days. If we did then its just a matter of time before this bear market is overturn and the bulls going back at the driver seat.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: Mometaskers on April 18, 2018, 01:08:50 PM

Quote from: batang_bitcoin on April 18, 2018, 12:51:21 PM

The dip was the signal to buy more. What I'm more interested is with their prediction that bitcoin will definitely go back to $20,000 by December this year.

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

we might see a very tricky $6000 yet again or can even go under that.

3 months of full corrections and dips would be sufficient for the market to start rising but still we can't be confident with that. Finger crossed that all of those sufferings were through.

What was the "home" range again before it suddenly flew up to $20k? Was that $15k? Even if don't hit the ath again this year, I'd probably be content with 15 grand.

it probably wouldn't happen the same way this time.
there is a bigger chance that we are going to see more of a slow rise for a long time now. right now it is mostly sideways and jumps and slow rises combined but this can potentially change into a slower rise up like back in 2015 and because of that we can see $20k be reached by not suddenly. it may take the whole year this time.
then after that we will see the big rises.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

Personally, ever since the price hit $6000, it was already the time to buy (at least for me) since it might be a long time again before we see such levels. Currently, the price seem to have consolidated at $7800 and $8000 and have not went under that for 3 days. If this was a bull trap, it would be over in about a day or two but nope, it stayed there as if it was its home. Hopefully this would hold, because if this wouldn't, we might see a very tricky $6000 yet again or can even go under that.

very true. i believe that price was a lot lower than the demand wanted it and being under-priced means the jumps like the $1000 in 1 hour happen. right now bitcoin is still under-priced and it needs to jump more. but for the time being it seems to me that there are bear whales that keep on dumping to keep it that way. the big volume dumps on exchanges at the time of rising above $8200 suggests that.
what happens next depends on which side will win, the bears or the bulls?

jemarleon

member

Activity: 420

Merit: 13

Silence

For me its late but its not too late, because when the price hit $7000 below for me is the best time to do it but many people are in panic mode that they dont know what to do because they are thinking that bitcoin will die LMFAO they dont come up with the idea that it is the best time to buy and right now for sure they are regretting why they dont buy on its price dip.

Never think that bitcoin will die that easy, Bitcoin's build its name already to all the people around the world there are lots of money already invested on it and that will be the reason why bitcoin cant die easily.

Aviney

newbie

Activity: 14

Merit: 0

Quote from: Divinityxd on April 18, 2018, 10:58:18 AM

For the past few days, bitcoin prices are settling around $8,000 level representing a sideways trend after a series of rises and drops. Dan Morehead, CEO of Pantera Capital, who predicted the BTC price to hit $20,000 by the year-end talks about bitcoin’s 200d moving average flashing a buy signal.

continue : https://coingape.com/bitcoin-market-right-now-on-a-buy-signal/

Inside the past few days and nights, bitcoin prices are negotiating around $8, 000 level representing a sideways craze after a series of rises and drops. Lalu Morehead, CEO of Lonza Capital, who predicted the BTC price to strike $20, 000 by the year-end covers bitcoin's 200d moving average flashing a buy signal.

continue: https://coingape.com/bitcoin-market-right-now-on-a-buy-signal/

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Mometaskers on April 18, 2018, 01:08:50 PM

Quote from: batang_bitcoin on April 18, 2018, 12:51:21 PM

The dip was the signal to buy more. What I'm more interested is with their prediction that bitcoin will definitely go back to $20,000 by December this year.

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

we might see a very tricky $6000 yet again or can even go under that.

3 months of full corrections and dips would be sufficient for the market to start rising but still we can't be confident with that. Finger crossed that all of those sufferings were through.

What was the "home" range again before it suddenly flew up to $20k? Was that $15k? Even if don't hit the ath again this year, I'd probably be content with 15 grand.

$15,000 would be enough for me too, actually it's $10,000. Just take step at a time and let's see on how the market fluctuates.

Quote from: thefaucetrunner on April 18, 2018, 12:55:56 PM

Great sign.

Yup great sign indeed. And for those that are crying because of the dip, they should take notice that this is the signal for them to buy instead of living themselves in the past.

Mometaskers

hero member

Activity: 1764

Merit: 584

Quote from: batang_bitcoin on April 18, 2018, 12:51:21 PM

The dip was the signal to buy more. What I'm more interested is with their prediction that bitcoin will definitely go back to $20,000 by December this year.

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

we might see a very tricky $6000 yet again or can even go under that.

3 months of full corrections and dips would be sufficient for the market to start rising but still we can't be confident with that. Finger crossed that all of those sufferings were through.

What was the "home" range again before it suddenly flew up to $20k? Was that $15k? Even if don't hit the ath again this year, I'd probably be content with 15 grand.

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

Personally, ever since the price hit $6000, it was already the time to buy (at least for me) since it might be a long time again before we see such levels. Currently, the price seem to have consolidated at $7800 and $8000 and have not went under that for 3 days. If this was a bull trap, it would be over in about a day or two but nope, it stayed there as if it was its home. Hopefully this would hold, because if this wouldn't, we might see a very tricky $6000 yet again or can even go under that.

Sucks that I'll have to wait for a few more months for it to probably get back up. I think I need to dip into my store unfortunately.

thefaucetrunner

sr. member

Activity: 714

Merit: 250

Defend Bitcoin and its PoW: bitcoincleanup.com

The MA50 just crossed the MA200 on the 4-hour charts for BTCUSD. Maybe that's what they're talking about. Great sign.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

The dip was the signal to buy more. What I'm more interested is with their prediction that bitcoin will definitely go back to $20,000 by December this year.

Quote from: dothebeats on April 18, 2018, 12:35:04 PM

we might see a very tricky $6000 yet again or can even go under that.

3 months of full corrections and dips would be sufficient for the market to start rising but still we can't be confident with that. Finger crossed that all of those sufferings were through.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Personally, ever since the price hit $6000, it was already the time to buy (at least for me) since it might be a long time again before we see such levels. Currently, the price seem to have consolidated at $7800 and $8000 and have not went under that for 3 days. If this was a bull trap, it would be over in about a day or two but nope, it stayed there as if it was its home. Hopefully this would hold, because if this wouldn't, we might see a very tricky $6000 yet again or can even go under that.

Divinityxd

jr. member

Activity: 140

Merit: 1

For the past few days, bitcoin prices are settling around $8,000 level representing a sideways trend after a series of rises and drops. Dan Morehead, CEO of Pantera Capital, who predicted the BTC price to hit $20,000 by the year-end talks about bitcoin’s 200d moving average flashing a buy signal.

continue : https://coingape.com/bitcoin-market-right-now-on-a-buy-signal/

Topic: Time To Buy BTC: Bitcoin Market Right Now On A Buy Signal Suggests Dan Morehead - page 2. (Read 335 times)