What happens to bitcoin? up or down?

MGBloomz

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Quote from: ayiaye on May 13, 2018, 11:38:27 AM

I think, bitcoin will crawl up. after we saw bitcoin prices begin to improve and has increased 20% since last week. considering, now has a lot of positive news, which makes bitcoin prices back high. However, not for a fast time, bitcoin takes time to regain a high enough price. because the market price is always unstable sometimes above and sometimes below.
hopefully bitcoin can reach above, and we will be grateful for it.

We had getting hard time to break the $10k wall as so much resistance on that level. If we can break that $10k mark we can see a good rally. We just need to stay calm and be patient to wait as the price will push higher soon.

crzy

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Quote from: yonjitsu on May 20, 2018, 05:55:35 PM

Bitcoin is expected to rise and fall drastically because as we know it, bitcoin is a volatile currency. So when you see bitocin falling down today which may last for a couple of weeks or months, expect it to rise again soon and you can also check it on bitcoin's graph how it will come back when it falls down.

Traders makes money on this trend and if you see a good sign of a dumping bitcoin better to buy on that time.

Quote from: okala on May 17, 2018, 02:05:23 PM

Bitcoin has making some move since then but now is making another corrections again. we should expect another market directions any moment from now and I think it is going to be a positive direction.

Correction will always happen in cryptoworld, and its a good sign of a healthy market for me because people can still enter the market at a lower price and make money in the coming years.

Cryptostocks

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I do not think that the price will keep going down for the next few months, neither during the next few weeks, everything is more than stable at the moment and i think that it will remain like this for al ong time

yonjitsu

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Bitcoin is expected to rise and fall drastically because as we know it, bitcoin is a volatile currency. So when you see bitocin falling down today which may last for a couple of weeks or months, expect it to rise again soon and you can also check it on bitcoin's graph how it will come back when it falls down.

Supercrypt

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Quote from: The_Dark_Knight on May 17, 2018, 10:00:31 PM

Quote from: Hotel_Prodeo on May 13, 2018, 12:08:08 PM

It seems that bitcoin price this year is hard to predict, a few days ago when the price reached $ 9900 then I'm very confident that the price will soon reach $ 10k, but when I woke up the price dropped to $ 9300.

That was not really that difficult to predict, I was pretty sure that as soon as bitcoin got very close to the price of 10000 the price will drop and the reason for that is that many traders will see that as a psychological barrier that bitcoin will not be able to overcome so soon and so they put short orders when the price was close to 10000 and that is what made the price to drop.

Yeah, looking at how the buying momentum was gradually diminishing close to that spot with the bearish divergence on the MACD. Like most other bitcoin believers here, I am also seeing a big positive reversal from the current levels. It would have happened in the last week itself, but definitely it will happen this week for sure.

Yes, that was a huge psychological barrier and that was the spot every trader was simply looking at to see how thing will end up turning out from there and simply, here we are in a downtrend correction and simply looking at where to go next. I am looking at getting a good support at $7800, but breaking that, should send us lower.

komrobert

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Quote from: The_Dark_Knight on May 12, 2018, 10:36:56 PM

Quote from: komrobert on May 10, 2018, 02:31:30 PM

Bitcoin will go up with all the market next few months without a doubt. I just holding all my cryptocurrency's portfolio and waiting.

You're taking the right decision by holding your coins, what I do not know is if your expectations are right, one of the problems that I have with investors that have very optimistic views about the market is that if they are completely convinced of their views and for some reason they are mistaken it is probably that they will sell their coins when the predictions do not come true, remember the price will eventually recover we just do not know when.

Yeah, I totally agree with you. I won't sell my coins even if they will go down very deep. I know that my coins and tokens is great and the ideas of their projects was OK, they won't fall down like Bitconnect.

alex M

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Quote from: Greenkarki on May 17, 2018, 08:42:02 AM

The price of bitcoin is not stable nowadays. There are so many ups and downs and the market keeps fluctuating. But the price will increase in future till that we have to hold the bitcoin. The price would certainly increase by December 2018 and probably hit minimum $35 K this year. Those who have bitcoin now will definitely gain lump of profits.

Yes, I agree with you mate. Bitcoin price can never be stable due to its volatility aspect. But, if you're going to track its market price, referring the lowest dip last march 2018 which is 6K, bitcoin price had already done 4K adjustment to reach the 10KUSD price. So market price is now going up, though it is struggling at 9.5 to 10k level, we are glad enough that it is recovering. Hoping that it will continue to rise up till another bullish market to happen in the history of crypto soon.

exstasie

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I haven't rebought my long position since stopping out a couple weeks ago, but I'm starting to get cautiously bullish.

We're approaching a "decision time." When 1-day volume gets this low, it usually means a big move is coming. My gut says up; the selling is getting absorbed. This is still a no-trade zone for me, though. I don't trade lower than the 1-day time frame anymore, and I need more evidence that the trend has changed.

Digital_Lord

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Quote from: Eleven86 on May 13, 2018, 09:10:56 AM

The price of bitcoin is not stable, lots of flutuations is now going on. We cannot predict the price of bitcoin now. Unexpectedly it increases and decreases. Now the price is in decrease value so we can invest in this time is a good choice to buy. After a long time the market returns but suddenly it goes down again. But we can hope the price will increase in upcoming days. So invest now and hold the coins for future.

It is also good because new investors find an opportunity to buy some bitcoin in low price. if the price raised as it was in the last month of the previous year there will be no new investors because of the very high price. volatility is the beauty of bitcoin because it attracts new investors and the market cap in increasing day by day and so will be the price.

coinplus

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Quote from: kenziefried on May 16, 2018, 12:30:42 AM

Quote from: maarx on May 12, 2018, 04:50:07 PM

The price of bitcoin is not stable nowadays. Suddenly it would increase for some days at the same time it would decrease. We never expect what's is going on. All are thinking that hereafter the price will in increase range only. But suddenly the price is dropped for past two days. We don't know when it will come up again. So if you have bitcoin hold it for long time till the corrections are done after that the price will increase at that time you can sell and earn more benefits.

I am very stable these days and can not decide to invest or not but assuming that if I invest I will not face any loss and after long term I will surely get the profit but for this time I will wait while the price fluctuates a little bit more. The price is stable between 8k dollar and 9k dollar and the fluctuation is limited between these two market prices. Investing in Bitcoin will always benefit you if the investment takes place in low market.

Yeah, nothing can still be said yet since we have not even broken out from the downtrend this formation has formed and the MA50 on the 4hr chart is really acting as a huge resistance and breaking that should actually be a good start. After all, we are having some bullish divergence gradually forming on the 4hr chart, so we may as well just assume that the market can possibly bounce soon, but all that depends on how things eventually turn out.

Quote from: The_Dark_Knight on May 17, 2018, 10:00:31 PM

many traders will see that as a psychological barrier that bitcoin will not be able to overcome so soon and so they put short orders when the price was close to 10000 and that is what made the price to drop.

This is what happened exactly when bitcoin prices were testing $9800 levels in the first and second week of this May month. I guess this time, bitcoin will have power to break this psychological resistance barrier and may test $12+ levels. Bitcoin will be up for sure in coming days even there could be some down days also.

The_Dark_Knight

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Quote from: Hotel_Prodeo on May 13, 2018, 12:08:08 PM

It seems that bitcoin price this year is hard to predict, a few days ago when the price reached $ 9900 then I'm very confident that the price will soon reach $ 10k, but when I woke up the price dropped to $ 9300.

That was not really that difficult to predict, I was pretty sure that as soon as bitcoin got very close to the price of 10000 the price will drop and the reason for that is that many traders will see that as a psychological barrier that bitcoin will not be able to overcome so soon and so they put short orders when the price was close to 10000 and that is what made the price to drop.

Superzpay

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Quote from: carriebee on May 17, 2018, 04:57:57 PM

Quote from: BUK2016 on May 17, 2018, 04:20:58 PM

Almost everyone is expecting a bullish trend in the coming days but one should forget that anything can happen in the crypto currency in that one should get ready for decline trend too, so that it will not take us unaware.

Users were always waiting to make it happen the price could go bullish. As the usual scenario price down and up so we expect it can going down low. Risks is presents for long time in bitcoin so we should be aware of it.

But it is not right that the price of bitcoin will go in risk for long term. The price is right now at lower price but for the long term we can expect the price of bitcoin going much higher at a price which will be higher than the thinking of people exactly the same as happened in the month of December in 2017 when people were thinking that the price will reach to $10k and will go down and will stay below that but the price continued to rise and it reached to $20k.

carriebee

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Quote from: BUK2016 on May 17, 2018, 04:20:58 PM

Almost everyone is expecting a bullish trend in the coming days but one should forget that anything can happen in the crypto currency in that one should get ready for decline trend too, so that it will not take us unaware.

Users were always waiting to make it happen the price could go bullish. As the usual scenario price down and up so we expect it can going down low. Risks is presents for long time in bitcoin so we should be aware of it.

BUK2016

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Almost everyone is expecting a bullish trend in the coming days but one should forget that anything can happen in the crypto currency in that one should get ready for decline trend too, so that it will not take us unaware.

TIDOVEE

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Bitcoin value od not yet stable, it was appreciating 3 - 4 days ago, but it is really going down again. I don't even understand. Sincerely its been a long time on dump.we so much need quick resolution.

logicgate

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Quote from: okala on May 17, 2018, 02:05:23 PM

Bitcoin has making some move since then but now is making another corrections again. we should expect another market directions any moment from now and I think it is going to be a positive direction.

There are two factors in the market which varies directly to the demand of people and hence supply increases or decreases which favors a high market price or a low market price. When the market turns green it means that supple is increasing as the demand is increasing. On the other hand when the market turns red it means that market demand has decreased and favors a low market. The present situation does not favor these two as the market is stable and the price is moving around 8.5k dollar.

thend1949

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Quote from: okala on May 17, 2018, 02:05:23 PM

Bitcoin has making some move since then but now is making another corrections again. we should expect another market directions any moment from now and I think it is going to be a positive direction.

Bitcoin has always had its ups and downs, it may be hard to predict as to exactly when it will occur but it does happen from time to time. The current price movement is not as high as the preview weeks, though its a minimal correction but it's a normal trend. The rise and fall in price both provides advantages and disadvantages. The disadvantage for investment, it can give less profit depending on the amount invested, for trading at some point it gives the chance to buy at low price and sell high when the price is on the favorable amount. Embrace the trend, be strategic, and keep positivity.

okala

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Bitcoin has making some move since then but now is making another corrections again. we should expect another market directions any moment from now and I think it is going to be a positive direction.

Greenkarki

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The price of bitcoin is not stable nowadays. There are so many ups and downs and the market keeps fluctuating. But the price will increase in future till that we have to hold the bitcoin. The price would certainly increase by December 2018 and probably hit minimum $35 K this year. Those who have bitcoin now will definitely gain lump of profits.

LongerBitcoin

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Quote from: vhiancs on May 12, 2018, 11:50:36 PM

No one can predict the bitcoin price so no one knows when the bitcoin price getting low or high. The better we do is just hold our bitcoin until the price will getting up or you can buy some bitcoin currency if you have an extra fund.

This is the nature of bitcoin. From the last year the price is continuously rising and dropping, but there is nothing to be panic. If you invested a lot of money in bitcoin and you are worry about the future, it is natural because nobody want to lose his investment. Be patient and hold your bitcoin till the time when the price will be more than $20k. you will recover your deficit.

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