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Topic: What happens to bitcoin? up or down? - page 4. (Read 690 times)

hero member
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May 10, 2018, 03:19:53 PM
#49
With the current trend and due to the points that was given by the legendary investor "Buffett" he's really doing his job of making the people scared about bitcoin.
I'm still bullish no matter what how many bad comments, bad predictions will come out later on about bitcoin. I have proven to myself that bitcoin is an amazing investment and it is surprising us with his moves from tanking to rising and so on.
full member
Activity: 266
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May 10, 2018, 02:31:30 PM
#48
Bitcoin will go up with all the market next few months without a doubt. I just holding all my cryptocurrency's portfolio and waiting.
hero member
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May 10, 2018, 01:34:34 PM
#47
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.

We can expect this in a couple of days.It should be achieved before,due to fluctuation after 9800$.The price of bitcoin reduced and now it's start to raise again.This time the bitcoin price surely cross the 10,000$ mark.It is better to hold your bitcoin till this month end.We can expect some peak ,before this month.
jr. member
Activity: 378
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May 10, 2018, 12:22:48 PM
#46
we can check in this website bitcoinwisdom.com with technical analysis where bitcoin is in uptrend or downtrend
legendary
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May 10, 2018, 07:26:45 AM
#45
Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$ Smiley
Very pessimistic huh? But that's not new, bitcoin did even went on its high at $20k and did fall to $6,000 so what's new?

How is someone sharing his genuine opinion pessimistic? Nothing points at $10,000 to become a base support level, and I strongly believe that during this whole year, we aren't done with sub $10,000 levels yet. Don't forget that the bottom (~$6500) is way lower than current levels, so we have definitely a lot to catch up on before we can bottom at levels close to $10,000. We need a major trigger to accomplish that, but the only relevant question is when that major trigger will show its face.

Positive sign is that the market bounced back up after having dipped below $9000 for a brief moment. If we can see the market consolidate around the $9000 level for a longer while, it likely means that the sellers have exhausted their resources; the average price in the last 20 or so days has been hovering around $9000 which is a very healthy sign, and may confirm that.
hero member
Activity: 672
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May 10, 2018, 07:07:42 AM
#44
Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$ Smiley
It is just your predictions and not the reality. I think now the price is increasing slowly and naturally. Big fall will never happen again. $4000 is very big difference and it will never drop to $8500 if it reaches to $12500. The price is round about $9000 and little bit fluctuations on daily basis, but it is normal and there is no big jump or fall in the price.

I agree with your statement as bitcoin cannot come down to $8000 after reaching $12500 because now the value of bitcoin is kind of stabilized I mean it's not going through huge pump or dump.
Yes the price of bitcoin is now going with much strength. The supporters are in a high amount in that value and they will not sell their coins below that. The price is a stronger value because now in the current position in the bitcoin community there are all the real investors of bitcoin and the real users of bitcoin. In the past many new investors came and they feared when they saw the price dropping and ran away while the real investors stayed in there and continued to support it more and it is those investors who have brought the price to that point and they will work more to promote it more and to invite more investors to bitcoin.
hero member
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May 10, 2018, 05:47:16 AM
#43
I'll take a bite with what you said of bullish market is coming. Seems bitcoin didn't went low than $9,000 with this corrections and that's a very good call that it is starting to stabilized at that rate.

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$ Smiley
Very pessimistic huh? But that's not new, bitcoin did even went on its high at $20k and did fall to $6,000 so what's new?
sr. member
Activity: 423
Merit: 250
May 10, 2018, 05:38:00 AM
#42
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.
Most people take interest due to so much volatility in the price. I think investment in these days is like gambling. Buy bitcoin and increase or decrease your investment. Today the price is little bit on the track and there is no huge difference occurs daily. Investors are now relaxed with the price. It is growing gradually and the corrections are too low.
legendary
Activity: 1806
Merit: 1521
May 09, 2018, 05:59:54 PM
#41
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.
hero member
Activity: 1092
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May 09, 2018, 05:25:27 PM
#40
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 $10,000 in the coming days. . my opinion is bullish market is coming.
I don't know if we're going to see that price in the next days but I think there is a high chance that we will see that price in the next weeks, the reason for that is that I think there are many people that are waiting that we reach that price to begin to sell, so there will be a struggle to reach that price between the bulls and the bears in the market but I think that the bulls are going to win this round.
sr. member
Activity: 833
Merit: 267
May 09, 2018, 03:44:18 AM
#39
Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$ Smiley
It is just your predictions and not the reality. I think now the price is increasing slowly and naturally. Big fall will never happen again. $4000 is very big difference and it will never drop to $8500 if it reaches to $12500. The price is round about $9000 and little bit fluctuations on daily basis, but it is normal and there is no big jump or fall in the price.

I agree with your statement as bitcoin cannot come down to $8000 after reaching $12500 because now the value of bitcoin is kind of stabilized I mean it's not going through huge pump or dump.
full member
Activity: 297
Merit: 100
May 09, 2018, 02:21:26 AM
#38
Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$ Smiley
It is just your predictions and not the reality. I think now the price is increasing slowly and naturally. Big fall will never happen again. $4000 is very big difference and it will never drop to $8500 if it reaches to $12500. The price is round about $9000 and little bit fluctuations on daily basis, but it is normal and there is no big jump or fall in the price.
full member
Activity: 392
Merit: 100
May 09, 2018, 01:35:28 AM
#37
A market that undergoes a more natural change is more visible it will slowly climb leaving a trail full of such drastic decline in the past months. In my opinion, the price will not be far from $9k for now and so on, and it will keep trying going to $10k, it will still experience a lot of climbing I guess due of certain things/news that would affect it.
legendary
Activity: 3122
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May 09, 2018, 01:09:51 AM
#36
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.
legendary
Activity: 1806
Merit: 1521
May 09, 2018, 12:58:21 AM
#35
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.
hero member
Activity: 672
Merit: 500
May 08, 2018, 06:41:53 PM
#34
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.
Your opinion was right. We saw that the price increased much high on that day and now again the price of bitcoin is going to buill up again. It is actually the signs that the price of bitcoin will rise higher as we saw in the last year that the price of bitcoin increased much higher in these months.
full member
Activity: 700
Merit: 117
May 08, 2018, 05:38:42 PM
#33
Fluctuation of price and some correction are very often to happen since we knew that we are not controlling the market price. That's why we should never expect that all the time are in favor for us cause the market is moving and all prices will goes up and down. But I feel that bitcoin will soar again as it have started early in 2nd quarter.
legendary
Activity: 1806
Merit: 1521
May 08, 2018, 04:03:36 PM
#32
Unfortunately, we full-retraced the bullish breakout from May 3rd, after a weak test of the highs on low volume. That's not usually a good sign, but we haven't broken any of my stop levels yet.

Holding sub-$9,300 is an early warning. Holding sub-$9,000 means bears are back in business. Alts look drippy this time around, which adds a bit more fuel to the bear case.

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
full member
Activity: 378
Merit: 101
May 08, 2018, 10:24:19 AM
#31
Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$ Smiley
How much sure you are that it will drop around $8.5k after it hits 12k? remember that bitcoin is so unpredictable we can speculate and form some theories but the bottom part is that it can go up or down anytime, you should at least say that you are speculating that surge and correction, well the price was fluctuating around 9k we are not seeing it down to 8k in the past weeks a good sign that it will break the resistance of 10k anytime soon.
hero member
Activity: 2926
Merit: 640
May 08, 2018, 09:03:09 AM
#30
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.
Bullish market or not, no one can know before it happens and that would have only started giving us some light if we are able to break the $10k resistance. Nevertheless, let us be hopeful that we will get to see this happen and at the same time have it at the back of our minds that anything on the other side of things can still happen as well which is something no one can really tell which direction it would ever be.

Where did you get the idea that the idea that the price will go up to $10,000 and fall done to $8500? Your comment makes no single sense to me cause you have nothing to prove for it. Lots of experts has predicted that the price of Bitcoin will even get close to $15000 and keep on going up, why will your own be different.
People do speculate here based on their previous experience with bitcoin price fluctuations. Even those people who are not familiar with any technical analysis, had come with accurate predictions because of their experience along with fluctuations levels. So, never mind and never ask for proof Tongue.
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