When will the market rise? - page 2.

timerland

hero member

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Quote from: iRewa on January 27, 2018, 12:44:39 PM

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

Bitcoin's price probably won't have a big correlation with the occurrence of Chinese new year. In fact if anything, bitcoin traders will sell bitcoin to get cash just before the Lunar new year so that they can buy gifts for their family and give out red packets. But the amounts involved are going to be completely irrelevant when compared to the size of the Chinese whales' portfolios.

My guess would be that the price will break out in the first or second week of February, if not in the next few days. But then, it could be much later. Bitcoin is very unpredictable.

We're already at $12k right now, and if we can hold price up above $12k for a while, then it wouldn't be a surprise to see bitcoin at $15k very soon.

CryptoBry

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Merit: 355

Quote from: iRewa on January 27, 2018, 12:44:39 PM

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

No one knows. The sentiment of the whole market is sluggish meaning bearish because there is a lack of positive news on the horizon. For the past many months the cryptocurrency market has had been flooded with discouraging news and though things are getting stable right now the market has not yet returned to the level it experienced before 2017 ended. We are all hoping for a great turnaround but as individuals there are limits as to what we can do. The only thing we can do is to continue 'hodling' on and be positive...time for change is coming!

sheenshane

legendary

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Quote from: iRewa on January 27, 2018, 12:44:39 PM

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

I think after lunar year like what happen after new year bitcoin price was stable in the markets until this recent day, those holidays may affect the bitcoin price many people selling their bitcoin for preparing in holidays.

Quote from: iRewa on January 27, 2018, 12:44:39 PM

will the market start rising on this date?

We all don't know when bitcoin exactly bouncing back in the markets if we know we all both rich now Grin

But i have a good news that may possible bitcoin by next month will rising back again, i have seen an article that UK government was planning to buy worth of billion dollars in this month,( not sure for the exact amount ). But i lose the link it's nice to drop in here.
So let's prepare the possible happen of pumping bitcoin by next month or by another month. Wink

Yakamoto

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Quote from: iRewa on January 27, 2018, 12:44:39 PM

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

It might start rising around February but my money would be on more sideways market movements until something actually generates some excitement within the community. I simply can't think of a scenario in which there will be a considerable rise just for the sake of Bitcoin popping off annually, there needs to be something to really energize investors after this slump. And the fact we're out to 10k doesn't make it any easier for the market to shoot into the stratosphere again. You'll be lucky to see +75% this year, not another +1000% meme like we had over 2017.

Quote from: makulo123 on January 27, 2018, 12:46:53 PM

Starting the next month I believe the market will be slowly gaining momentum or rapidly jump 40% a day (because of cheap price). We just have to wait for 1st of February I hope.

40% is never going to happen in one day. Not anymore. You won't get an additional $4k on the price in one day without a lot of people from around the world being really involved.

Zandar

full member

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Wallstreets firt BTC future contract just ended on 26th januari. So it depends on the closed contract for next month, and now that nasdaq will also hold btc future contracts. All of those will manipulate the BTC market to reach their contracts prices, so it really depends on the price they have chosen for next months contract. If it is higher than now it will rise otherwise even if it will rise they will drag it down with their massive dumps to get it back towards their chosen BTC contract price. Last one was 10900 dollars which they reached easily with their whales market manipulations.

tanoe

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Quote from: BitcoinMint.US on January 27, 2018, 08:05:04 PM

Not now.
Chinese new year very soon and alot of traders will spend there money which they made from this last rise.
Aftre china new year i think martkers will rise alot on march so take u time and just wait. dont invest now . only if u a 100% sure.

Considering with china's new year, I think make sense and give impact to price falling down right now. but, I also thought, this time is the right time to buy some BTC, before price rise again.

faithupgrade

sr. member

Activity: 475

Merit: 253

ARCS - A New World Token

Once the whole wall street investors jumped in the crypto wagon.. Bitcoin will start to sky rocket. Alts will follow too. And its coming very soon. Get ready. HODL your Bitcoins.

Quote from: iRewa on January 27, 2018, 12:44:39 PM

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

Ba37

newbie

Activity: 52

Merit: 0

Market is slowly consolidating and mostly moving sideways in the past couple of days. It is hard to predict the movement, even if someone predicts it , i will highly doubt that. It totally depends on the announcements and momentum. If no county comes up with announcements which create FUD for the next couple of weeks, the market might slowly start moving towards green.

BitcoinMint.US

sr. member

Activity: 284

Merit: 251

Not now.
Chinese new year very soon and alot of traders will spend there money which they made from this last rise.
Aftre china new year i think martkers will rise alot on march so take u time and just wait. dont invest now . only if u a 100% sure.

barontamago

newbie

Activity: 143

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No one can say when the price go up. Try to observe and read predictions of the expert someone make a candle stick graph on when the price go up. if you know how to use it then make one try to observe on when. try to search and study when the price go up.

Anti-Cen

member

Activity: 210

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High fees = low BTC price

Quote from: Bytem3 on January 27, 2018, 07:32:22 PM

I think the cryptocurrency depression is coming to an end. Coins should start exploding in February again, this drop made possible for a lot of new capital to come in.

Wot new capital or did you not think that Joe six pack knows about fees and that we were forced to pay
as much as $55 for a digital transaction that's slow and other can do for less than a cent

I think Coins should start ~~exploding~~ crashing in February and I present a fact for my argument
plus people now know that the Lightning Network is all about central banking hubs but here is a
map of the network if you dare check it out.

https://lnmainnet.gaben.win/

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

"When will the market rise?"

That's a leading question and it's true that Tulips had good and bad weeks until one day the price hit the
floor but if you want more modern day examples that are digital then cast your mind back to 2000 and
the Dot.CON crash.

Fees may well have killed Bitcoin and "trust" with the development team might never recover but I am
sure some gambling addicts will hang on to the end

Bytem3

full member

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I think the cryptocurrency depression is coming to an end. Coins should start exploding in February again, this drop made possible for a lot of new capital to come in.

danggoron

full member

Activity: 560

Merit: 102

Quote from: makulo123 on January 27, 2018, 12:46:53 PM

Starting the next month I believe the market will be slowly gaining momentum or rapidly jump 40% a day (because of cheap price). We just have to wait for 1st of February I hope.

I agree. Starting next month the market will improve. If interest increases, then the market will be friendly to it.
After all the bad issues subside, we just need to be patient and stay calm.

ladydark

hero member

Activity: 686

Merit: 500

Quote from: iRewa on January 27, 2018, 12:44:39 PM

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

Very soon we could expect since after reaching the ATH due to bitcoin futures getting launched and falling down to 10,000 dollars back, just now it has got settled. During the Chinese year, Chinese traders would be selling their bitcoins to enjoy the celebration as usual and so bitcoin price may fall a little bit and it would be a good opportunity for new investors to buy it at cheap rate .So only after that,we could once again expect bitcoin to move in bullish trend.

makulo123

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Starting the next month I believe the market will be slowly gaining momentum or rapidly jump 40% a day (because of cheap price). We just have to wait for 1st of February I hope.

iRewa

newbie

Activity: 31

Merit: 0

Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.

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