what do you think after seeing this chart? - page 2.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

every year, near summer we usually start seeing a surge of investors in the market. some people even say kids are out of schools so they are investing their money in cryptocurrencies Cheesy

but that doesn't mean the same thing will happen every year. i mean there are a lot of other certain things going on in the market that decide that. for example last year we had a lot of good news in this same period of time starting with Japan's mass adoption and then SegWit's growth and then SegWit's activation,....

ylnar123

member

Activity: 350

Merit: 10

Quote from: European Central Bank on March 26, 2018, 06:59:46 AM

looks like a bunch of squiggles with no correlation to me.

i don't think there's any point comparing the start of this year to the start of the previous 3 years. they didn't have the aftermath of a giant bubble to contend with. i don't want to compare the start of 2014 because that would be too damn depressing.

That could be right. Comparing those previous graph on Bitcoin price will only cause expectations which could mislead those who want to start investing in it. It is better to leave it that way like we have not seen it and wait for the price to go up. Let us just hope for the best and expect for the worse.

portgas313

full member

Activity: 392

Merit: 102

Quote from: diva.man on March 26, 2018, 08:04:08 AM

These pictures may be a coincidence, the price of BTC is impossible to predict!

If this happens again this year, maybe the BTC is being manipulated!

I will continue to hold BTC to wait for the digital encryption money market to rise!

Not a matter of manipulation,
but every movement of the chart that can indeed be analyzed,
but the analysis is not entirely a benchmark,
sorry before my friends not I intend to patronize but let's together learn to analyze what happens in the future about BTC price through the data chart that I share,

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Quote from: European Central Bank on March 26, 2018, 06:59:46 AM

looks like a bunch of squiggles with no correlation to me.

i don't think there's any point comparing the start of this year to the start of the previous 3 years. they didn't have the aftermath of a giant bubble to contend with. i don't want to compare the start of 2014 because that would be too damn depressing.

I mean, that is everything which is TA explained in one sentence. Just a bunch of lines and squiggles on a screen which make things look nice, nothing actually correlates to antyhing. The market moves, some people win and some people lose --> that's how it works.

I don't think of anything after seeing this chart.

diva.man

newbie

Activity: 123

Merit: 0

These pictures may be a coincidence, the price of BTC is impossible to predict!

If this happens again this year, maybe the BTC is being manipulated!

I will continue to hold BTC to wait for the digital encryption money market to rise!

cryptojac17

full member

Activity: 490

Merit: 107

Quote from: portgas313 on March 26, 2018, 07:44:19 AM

indeed the chart above can not be a benchmark for us to act to buy / sell BTC that we have,
my goal is to make this topic so we can all discuss what happened with BTC prices now, and input from all of you can be a conclusion for me,

I appreciate what you doing mate I think you're statistics sounds because you want your audience to do some analysis to the graph you've presented. Yeah everything has a seasonal patterns that is why there is what we called data analysis what you do is something to do with forecasting trying to analyze some significant from previous years. I think your approach is quite deeper.

charlotte04

full member

Activity: 504

Merit: 102

Quote from: portgas313 on March 26, 2018, 06:54:58 AM

Will it repeat in 2018?
if it is repeated what is the right time to buy bitcoin?

*Note : If indeed what I share is helpful, Can you share a merit with me ?

Nobody knows where will Bitcoin will go up again. Let's just be prepared if anything could happen that will make us shock ourselves.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: CodyAlfaridzi on March 26, 2018, 07:10:52 AM

I can't see the pattern, can you elaborate? What's being repeated? A recovery after the "dump" earlier in the year?

Talking out of the chart, yes indeed a recovery back to $11K+ will surely happen this year. I found it quite saddening that the price was barely affected by the Lightning Network news and the current state of the blockchain. I know the media ads banning is everywhere but that's actually beneficial for Bitcoin and shouldn't be holding the price this way. The recovery is due now in my opinion.

That's what he's trying to show. That every year the lowest price was in the early months January/February, followed by a slow recovery and remained without hude spikes in any direction throughout the Summer. Chart analysis won't do much because all traders will tell you that analysis only shows you the move that has higher chances of happening. There's never 100% up or 100% down. It can be 40-60, 30-70. I give it about 80% that it will go up this year and maybe 20 that it will retest the low of 6000 again.

NightCloudz07

member

Activity: 224

Merit: 10

Quote from: portgas313 on March 26, 2018, 06:54:58 AM

Will it repeat in 2018?
if it is repeated what is the right time to buy bitcoin?

*Note : If indeed what I share is helpful, Can you share a merit with me ?

I think now if it can repeat buying is now because I know that bitcoin is can recover anytime any where.

portgas313

full member

Activity: 392

Merit: 102

indeed the chart above can not be a benchmark for us to act to buy / sell BTC that we have,
my goal is to make this topic so we can all discuss what happened with BTC prices now, and input from all of you can be a conclusion for me,

Mandoy

sr. member

Activity: 644

Merit: 264

Aurox

Its hard to predict of bitcoin will have the same trend just like 2015, 2016 and 2017 that has a bullish movement. The only thing we can expect for bitcoin today is that it can recover from its huge fall. Possibly this coming december bitcoin will be back at 20k$. But even 20k$ is very hard to attain this year as if there is something holding bitcoin back.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Quote from: CodyAlfaridzi on March 26, 2018, 07:10:52 AM

I can't see the pattern, can you elaborate? What's being repeated? A recovery after the "dump" earlier in the year?

Talking out of the chart, yes indeed a recovery back to $11K+ will surely happen this year. I found it quite saddening that the price was barely affected by the Lightning Network news and the current state of the blockchain. I know the media ads banning is everywhere but that's actually beneficial for Bitcoin and shouldn't be holding the price this way. The recovery is due now in my opinion.

I Agree! There is no correlative analysis or what so ever how OP shared this photos, Well we can simply say that it may repeat what happen on that following year but we can not be so sure about it because it could take a different turn this time, And it might turn bearish for now but it will sure recover for sure it can take a slow pace increase but it will never become a bull run.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

Will it repeat in 2018? If you are asking this based on the picture you just share then I must say that there is no point in comparing the trends within the last 3 years and asking that it will repeat. If somebody knows that it will happen again with 100% accuracy then that person will become rich in the future.

No one knows if it will repeat its previous charts. I only just one thing, bitcoin will never lose its value as long as there is a community behind it.

I will not answer your 2nd question since I didn't say yes to your first question

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

I can't see the pattern, can you elaborate? What's being repeated? A recovery after the "dump" earlier in the year?

Talking out of the chart, yes indeed a recovery back to $11K+ will surely happen this year. I found it quite saddening that the price was barely affected by the Lightning Network news and the current state of the blockchain. I know the media ads banning is everywhere but that's actually beneficial for Bitcoin and shouldn't be holding the price this way. The recovery is due now in my opinion.

xtrump101

member

Activity: 267

Merit: 11

$onion

base on the patterns im pretty bullish on bitcoin, its just that it takes a little time for consolidation after thebig crash, but sooner 3 or 4 months fron now it will go up base on my fundamental analysis.

European Central Bank

legendary

Activity: 1288

Merit: 1087

looks like a bunch of squiggles with no correlation to me.

i don't think there's any point comparing the start of this year to the start of the previous 3 years. they didn't have the aftermath of a giant bubble to contend with. i don't want to compare the start of 2014 because that would be too damn depressing.

portgas313

full member

Activity: 392

Merit: 102

Will it repeat in 2018?
if it is repeated what is the right time to buy bitcoin?

*Note : If indeed what I share is helpful, Can you share a merit with me ?

Topic: what do you think after seeing this chart? - page 2. (Read 284 times)