What happens to bitcoin? up or down? - page 5.

magneto

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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.

Bullish market is indeed coming, but I just don't think that it's necessarily coming right at this moment. A lot of people have expectations that this is the start of the next bull market which I simply think is untrue.

Prices have essentially corrected down to the $9300 level again, so we've hung around the $9k's without any upward momentum for over a week now.

There is still a possibility that $10k can be broken, but even if it does, I don't see the momentum being enough right now to change the market sentiment to fully bullish. We'll most likely see further dips in the near future, and consolidation. It'll probably take until near the end of the year for the actual recovery leading to the next bull market to occur, although there may be short term rallies here and there.

justspare

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Quote from: cryptgkr on May 06, 2018, 07:49:50 AM

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$

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. Do you just say whatever that hits your mind just to make a comment?

richminded

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Quote from: Eleven86 on May 07, 2018, 02:28:58 PM

No one can predict the price of bitcoin whether it is going to increase or decrease. Compare to previous months the price price would increase gradually ay present. But there is a little fluctuations in the price, this is normal in the cryptoworld. The price is not stable always, but the price will increase in upcoming days. Because many investors are ready to invest in bitcoin this will change the market and moves the market in increase mode. Like last year december this year also the price will touch the moon.

We can predict the price of bitcoin but don't expect that prediction to happen. The price movements of cryptocurrency this year is really unpredictable, but I see this in the long run in one direction, to go up.

Quote from: jossiel on May 06, 2018, 04:59:44 PM

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

my opinion is bullish market is coming.

Let's be hopeful to this. Expect bull will come after this adjustment that we have seen again.

I am hoping for more good news so bitcoin can finally climb high, I do hope that bitcoin will able to survive all the challenges that will come.

The_Dark_Knight

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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.

The market has recovered that is correct but I do not know if we are going to see a bullish market coming, I really think that when the price crashed the price got extremely low that was the opportunity to buy bitcoins for a cheap price, so what we saw was a correction, it was not the sign of a bullish market it was just a market reacting to an undervalued bitcoin and taking advantage of it.

Eleven86

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No one can predict the price of bitcoin whether it is going to increase or decrease. Compare to previous months the price price would increase gradually ay present. But there is a little fluctuations in the price, this is normal in the cryptoworld. The price is not stable always, but the price will increase in upcoming days. Because many investors are ready to invest in bitcoin this will change the market and moves the market in increase mode. Like last year december this year also the price will touch the moon.

beerlover

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Quote from: Thanasis on May 06, 2018, 09:24:14 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.

I think it already touched $10K by yesterday even,in preev.com I saw that price was $9963 yesterday.But today there is there is some correction in the price and it reached $9500 but it is just a healthy correction which cannot be consider as bullish.So don't worry keep holding your bitcoin because $20k is coming by end of this year.

It almost did and very close and then the pullback came which was obvious anyway with the divergence on the indicators. Hopefully it is just going to be a little retracement and then we go test the $10k spot again which I believe if we do not get to break, could result to a lower break out than this one and really, none of us would really want to see that happen anyway.

Right now, all we have is the trend, and we are just watching to see where we go next from here.

HiringYou

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Hopefully it will rise as we can see that from last days the price is increasing so hoping for the same scenario in coming days also.Being virtual in nature nobody can surely say anything about bitcoin price.Fluctuations are very common in its prices.So predicting sometime surely is not possible.In coming days we can hope that price will either remain stable to it will rise.We can hope that bitcoin will reach 10k height in coming months.All investors are awared about this nature of bitcoin.We should prepare ourself even if their is fall in the prices.But hoping this situation will not rise.

henmark

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The price has been of less fluctuation recently, but the good thing is that it is going up and not down. And the price is already approaching $10,000, I hope it that it does and also believe it will even go above that and reach like $15000 this month of May. Earlier this year I saw some predictions that there will be a bullish market this month of May, but I’m not yet sure of it cause most predictions are not always correct. But it’s best to do what you have to do best and put yourself in a better position for what is about to come.

batang_bitcoin

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I can't take to see the charts today. I need to spend time well in some other things other than checking our bets price.

Quote from: SellBuyAcc on May 07, 2018, 04:03:22 AM

We are all waiting for it to come

bitcoin is getting higher but sudden down

This is the best time to invest so those that keep on asking if this is the best time to invest then you can start buying right now.

exstasie

legendary

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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.

SellBuyAcc

newbie

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We are all waiting for it to come

bitcoin is getting higher but sudden down, but no worries I guess because bitcoin might reach 10k this time of May, who knows, there might be investors around who just waiting for good timing.

Tankdestroyer

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Quote from: Kemarit on May 07, 2018, 03:14:58 AM

So we can't say for certain if 1 week is enough to get over the 5 digit mark once again.

At the very least, I can ascertain that 2 weeks is not enough to completely break 10,000$ wall. IMO, it would take at least 3 weeks or more than a month for us to see bitcoin back in the bullish trend. Nevertheless, it is nice to see the slow rise and little corrections occur day by day(since they are good entry and profit taking points). For now, I think price movements in the next coming weeks are the ones who will dictate the short term market move.

Kemarit

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Quote from: airdagon on May 07, 2018, 01:56:59 AM

Today's price is $ 9,371, It has grown big and big. None of the coins can reach the place of Bitcoin. Always BTC is the most interesting coin among cryptocurrencies. BTC prediction prices are made by many predictors and cryptocurrency experts. in my opinion we only need one more week to break the number on the $ 10,000 you mean it, dude. the bullish market is getting closer, we just need to be prepared to welcome all of this with pleasure. according to the predictions and review of crypto experts, by the year 2019 March, the price of bitcoin will reach above $ 60,000. believe it or not, I think this will happen in 2019 later.

Well no one can tell if we can break that $10,000 barrier in just a week time. This is the 2nd time that we have tried to attempt to go over it, the first time, we got to $97++ before a minor dump and just a few days ago we almost did it at $9950. But as @pooya87 has said, this is a big mental barrier for day or short term trader. This has been the strategy for most of us since the bears market took over and its going to be cyclical. Those who bought at $8700 probably loves to take profits at $9900. Plus the manipulators from behind does want the price to reach $10,000, they dumped, get their returns, rinse and repeat. So we can't say for certain if 1 week is enough to get over the 5 digit mark once again.

airdagon

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Today's price is $ 9,371, It has grown big and big. None of the coins can reach the place of Bitcoin. Always BTC is the most interesting coin among cryptocurrencies. BTC prediction prices are made by many predictors and cryptocurrency experts. in my opinion we only need one more week to break the number on the $ 10,000 you mean it, dude. the bullish market is getting closer, we just need to be prepared to welcome all of this with pleasure. according to the predictions and review of crypto experts, by the year 2019 March, the price of bitcoin will reach above $ 60,000. believe it or not, I think this will happen in 2019 later.

Pursuer

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Where is my ring of blades...

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.

I think currently the market is not ready for the big rise to start which is why price keeps coming back to $9k level and not rising above that imaginary resistance at $10k. most people are currently trying to increase their share in bitcoin by doing small trades using these short term dips and also by pumping altcoins and making profit there. which means a lot of the money is also locked in altcoin market. when all this comes back the price can practically shoot up.

Kim Ji Won

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Prices could go either way, but seeing the price now in the coinmarketcap, it seems it is struggling in the $9000 range. Nevertheless, I am also bullish on the price of bitcoin now and will speculate that it will cross above $10,000 at the end of the month due to some reasons like the end of the war in North and South Korea which could result in their unity to cryptocurrencies.

Quote from: cryptgkr on May 06, 2018, 07:49:50 AM

Surely,BTC coin hits 12.5k$ .But it will drop to 8.5k$

Typical baseless prediction from a newbie Angry

richminded

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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.

Bitcoin able to break the resistance on $9k level and I think it can be considered as a bullish pattern.
Bitcoin is good, and this market will meant to soar high. Expect bitcoin on a higher price this year and your profit will be high also.

vit05

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I believe we will have a bull market when we finally get some great news. Something really extraordinary. The point is that 10k has shown great resistance and it will only be broken when the market is excited and confident.

The great news may be some large pension fund announcing that it is considering whether to include Bitcoin in its portfolio. Or that China has decided to give green light to fiat-crypto negotiations without major restrictions.

pooya87

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we can say that we have been in a bull market for a while now. specially when the drop stopped and the trend was reversed. it is no longer the same as before when the tendency was to go lower. it is all looking up. and for the time being price is struggling to go above $10k and that is only because of bear whales and the fact that they want price to stay here and also the short term traders who are repeating the same process of buying a little lower than $9k and at $9k and selling near $10k over and over to make small short term profit.

Aleister Crowley

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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.

what is to be expected when the data is bull market? if you hold a bit of bitcoin if it is possible to have it, then congratulations for it, but if not I think you just hope with your stupidity

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