What happens to bitcoin? up or down? - page 2.

el kaka22

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Quote from: arthotdog on May 15, 2018, 07:43:07 PM

Quote from: Bitcoin-Turkiye on May 06, 2018, 05:08:50 AM

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

But your wrong instead the market go bearishness

And this is not new since it happens many times this year that when the bitcoin price bullying the market
Suddenly it will turns into a bear market for what reason we dont know.

In this case thats why lots of us thinks theres some whales manipulating this market

Probably you are the one who misconstrued him. You should have seen the conditional statement he gave and that was right. The fact is that no one can actually give an affirmative statement in the market and you can only expect something to happen based on an outcome. That was his opinion based on if the market is in a good shape, but unfortunately, we went the other way. If we had enough momentum, we could have broken the $10k, but with the bearish divergence, it was obvious we are going to be testing the lows a bit. That is just market !

Mastsetad

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Quote from: exstasie on May 09, 2018, 12:58:21 AM

Quote from: exstasie on May 08, 2018, 04:03:36 PM

Bulls continue trying to bounce on the 1-hour (and there's also a dragonfly doji on the 4-hour), but we are still stepping down the stairs.

The $9,100 area is the 4/23-5/3 mode (big consolidation zone), so there's some support here. But if we clearly fail this level, there's quite a lot of volume that can force the price downwards:

I continue to hold my core long position, since we haven't reached my SL. But it's hard not to feel a bit bearish. Undecided

It's "do or die" time. Bulls need to hold $9,000 and form a spring now, otherwise this is probably going to cliff dive. If this long is going to play out, it's coming down to the wire. Bitcoin loves to hang off the edge of the cliff before breaking upwards. That possibility is still open; SL has not triggered. But it's definitely time to pay attention, and if we fail this level, you should consider cutting leveraged longs and hedging.

Bitcoin back to its natural growth. Unexpected and unnatural growth has been crashed and now it is normally and gradually increasing. Little bit volatility in the price but on the whole it is increasing because from $20k it dropped to $6k and then gradually increased and today it is above $9k. It means that now the growth is according to market value.

gabmen

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Quote from: Mr.grin on May 16, 2018, 01:00:49 AM

Quote from: mace15 on May 15, 2018, 06:58:23 PM

Quote from: Tigorss on May 15, 2018, 12:37:06 PM

you have to be a little disappointed for now and be patient again if you are on a pitch because the price is now disappointing down a few percent of the predicted but for those of you who invest you should be able to smile because the year-end plan will soar.

Somehow a bit disappointing because of drops price because were waiting this bull run to occur for this month. Since price is very surprising their is still hopes for the price of bitcoin to climb it's value. Invest on a positive mode not on the negative side this will not help to earn.

it is very difficult to guess the bitcoin price for now. there is a possibility that prices will rise, but recently, bitcoin prices are slowing down. well, i hope the price can go up even higher in some time

Well it's up and down. That's a fact that you can expect. When it will go up or down is anybody's guess. That's why i don't think i'll make it far in daytrading since i'm not too excited with making small profits or losses with this kind of instability. I'm hoping it would go way up in a few years though that's why i'm holding.

Mr.grin

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Quote from: mace15 on May 15, 2018, 06:58:23 PM

Quote from: Tigorss on May 15, 2018, 12:37:06 PM

you have to be a little disappointed for now and be patient again if you are on a pitch because the price is now disappointing down a few percent of the predicted but for those of you who invest you should be able to smile because the year-end plan will soar.

Somehow a bit disappointing because of drops price because were waiting this bull run to occur for this month. Since price is very surprising their is still hopes for the price of bitcoin to climb it's value. Invest on a positive mode not on the negative side this will not help to earn.

it is very difficult to guess the bitcoin price for now. there is a possibility that prices will rise, but recently, bitcoin prices are slowing down. well, i hope the price can go up even higher in some time

kenziefried

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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.

arthotdog

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Quote from: Bitcoin-Turkiye on May 06, 2018, 05:08:50 AM

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

But your wrong instead the market go bearishness

And this is not new since it happens many times this year that when the bitcoin price bullying the market
Suddenly it will turns into a bear market for what reason we dont know.

In this case thats why lots of us thinks theres some whales manipulating this market

mace15

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Quote from: Tigorss on May 15, 2018, 12:37:06 PM

you have to be a little disappointed for now and be patient again if you are on a pitch because the price is now disappointing down a few percent of the predicted but for those of you who invest you should be able to smile because the year-end plan will soar.

Somehow a bit disappointing because of drops price because were waiting this bull run to occur for this month. Since price is very surprising their is still hopes for the price of bitcoin to climb it's value. Invest on a positive mode not on the negative side this will not help to earn.

karanggatak

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We are still in the correction Let's look forward to where bitcoin, I think we will still be uptrend in the beginning of the middle of this year, I'm sure there will be a lot of good news affecting bitcoin price in the future, maybe this year at least bitcoin will be able to reach $15k and my prediction can be bigger than that, we'll see.

exstasie

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Quote from: exstasie on May 14, 2018, 05:25:06 PM

Very nice head fake! On the 1H-4H time frames, bears tried to spark a selloff and retest the lows. That dump was rejected strongly on higher volume, so this bounce could have some legs left:

Another dump from the highs into the last gap. So we're certainly not that bullish. However, you can see that bulls are defending the $8,500 area. This consolidation looks quite like the last one, which exploded upwards to new highs:

We certainly aren't out of the woods; this could go either way. But it looks like a "scam curve" which I've mentioned before:

Quote from: exstasie on March 13, 2018, 04:45:59 PM

The short term charts look like a "scam curve." It's a super choppy whipsaw formation. Obviously a corrective formation, which EW chartists usually assume is a bearish consolidation that will break down because of the higher degree downtrend.

But in my experience, they are usually accumulation patterns that break upwards. Sort of like how BTC often breaks upwards from rising (bearish) wedges.

Greenkarki

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Quote from: Bitcoin-Turkiye on May 06, 2018, 05:08:50 AM

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

A disappointing fact to see the current growth trend. Unpredictable. Just see the growth trend of last ten days. Its been between $8300 to $9000. Better to Buy and hold as many coins as I can. The coins are cheaper and they may slowly increase.

Tigorss

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you have to be a little disappointed for now and be patient again if you are on a pitch because the price is now disappointing down a few percent of the predicted but for those of you who invest you should be able to smile because the year-end plan will soar.

richardsNY

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Quote from: GregH37 on May 14, 2018, 06:10:33 AM

To regain your lost money you will have to hold your bitcoin for more time.

Sorry, but that's just nonsense. If you aren't selling at a loss, you haven't lost anything, and thus there is nothing for you to recover. It also means that if the price went up like 500%, you haven't actually made one single penny in profit. In order to lose or gain something you need to sell your coins -- it shouldn't be that difficult to figure out yourself. I know that everyone puts the focus too much on fiat, but this level of fiat bias is somewhat worrying. People forget that the coins they initially bought always remain equal in number, and that regardless of the price. If you hold fiat do you also worry about how it keeps losing value? Probably not, and all because you hold dollar units. Apply the same logic to Bitcoin.

exstasie

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Very nice head fake! On the 1H-4H time frames, bears tried to spark a selloff and retest the lows. That dump was rejected strongly on higher volume, so this bounce could have some legs left:

Ideally, bulls will support this pullback and not let price stay below the last failure level at $8,630 for long. The high volume buys this morning will trap a lot of bottom sellers if we can consolidate and make new local highs now.

Gotomoon

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Quote from: DarkIT on May 14, 2018, 12:25:05 PM

Quote from: lifengpu on May 14, 2018, 11:45:16 AM

now the prices are really unpredictable, it rises then falls and therefore exactly to say where he goes personally I find it difficult

you are right. sometimes the price falls in the morning, and rises at night. no one can predict it. Because of this, bitcoin is a great tool for investment. well, that's why people are desperate to keep bitcoin in the long run.

We find it difficult to determined the price because of the volatility of price. People choose to hold for long term because of the huge profit that can earned. All we can guess what happen to bitcoin these coming days but hopefully were upto on increase of price this time.

DarkIT

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Quote from: lifengpu on May 14, 2018, 11:45:16 AM

now the prices are really unpredictable, it rises then falls and therefore exactly to say where he goes personally I find it difficult

you are right. sometimes the price falls in the morning, and rises at night. no one can predict it. Because of this, bitcoin is a great tool for investment. well, that's why people are desperate to keep bitcoin in the long run.

lifengpu

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now the prices are really unpredictable, it rises then falls and therefore exactly to say where he goes personally I find it difficult

GregH37

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Quote from: harizen on May 09, 2018, 01:09:51 AM

Quote from: Bitcoin-Turkiye on May 06, 2018, 05:08:50 AM

The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.

Sometimes average bitcoiners always speculate what will happened based only on the current price movement. Nothing wrong in the first place but we need to take note that sometimes it can be spoiled even how detailed and professional the analysis is.

In terms of bitcoin, I really don't take short period as source for future actions e.g bullish trend within 2 to 3 days or something like that. I tend to take points at minimum weekly performance in order to gave me a much more good output in the upcoming weeks. In that duration (the longer the better), we can really sees if the pump or dump is just a normal swings or now a start of another trend.

That was a chance for 2017 investors who made a huge profit against their holdings, but then big dump in the price and those who bought bitcoin on $20k have lost big money. It was a matter of time and now it will never happen again. Big bump and dump has finished and the price is now increasing slowly day by day. To regain your lost money you will have to hold your bitcoin for more time.

yanlap

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Quote from: exstasie on May 09, 2018, 05:59:54 PM

Quote from: exstasie on May 09, 2018, 12:58:21 AM

It's "do or die" time. Bulls need to hold $9,000 and form a spring now, otherwise this is probably going to cliff dive. If this long is going to play out, it's coming down to the wire. Bitcoin loves to hang off the edge of the cliff before breaking upwards. That possibility is still open; SL has not triggered. But it's definitely time to pay attention, and if we fail this level, you should consider cutting leveraged longs and hedging.

Woohoo! Bulls held $9,000 and formed a spring! This is good news for two reasons. First, we are seeing impulsive bullish action off the lows, which usually means more impulsive behavior will follow:

Secondly, the strong reaction off the local lows means we can be very confident that stop-lossing sub-$8,980 is the correct move. Anything below that level means this bounce failed miserably, confirming bear momentum.

The Bitcoin is generally a currency that fluctuates and varies directly with the demand of the people. We have the fluctuations so many times and these all happen with the increase and decrease in the demand for it. The price of Bitcoin these days has taken the decrease trend and is going down again but these are the little and small fluctuations and giving us the opportunity to invest in low market.

MiningSensei

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well the price is at less than $8600 at the moment, i do no thinkt that it will go lower than this, well, lets pray to do not see it happening during the next few weeks. But 10k again is more than possible in a few weeks.

logicgate

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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 just a little bit fluctuation and this is ignorable because we are not going to sell our cons now. We have seen these fluctuations and are expecting the same as happened last times we invest in low markets and get the benefit at high markets. This is going to be happen again this year because the price last month was very low and now it is increasing and on the increase trend.

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