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Topic: Where will this fluctuation end ? (Read 2345 times)

hero member
Activity: 2996
Merit: 609
November 15, 2019, 05:31:07 PM
Well, if I had cristal ball I could answered that question. It's hard to tell how the price will behave and how the market will react. To my opinion this fluctuation will continue until the end of the year and I don't expect to see some significant changes compared to current situation.
Fluctuation would never end and if it does then people would switch up to other things which are volatile knowing that we do make money out of these movements and if its gone nor become stable then this wont be different with fiat.

Don't hope for fluctuation ending as long theres buyers and sellers there would always be a movement but there are really times which intensity of movements aren't really that
high and that's the time we should refrain on doing active trades on a sideways market.
sr. member
Activity: 994
Merit: 257
November 15, 2019, 05:24:17 PM
Though Bitcoin price fluctuations will not end but I hope its price will remain strong in a price zone like 10-12K USD, or 20-25K USD with the time! Nothing can stop BTC's price fluctuation, as it is a decentralized asset! So, we just can desire to see Bitcoin at a higher price!

Everyones talking about these 200day moving averages etc. but it seems like we're slicing through them like butter recently. The middle bband on the weekly chart is all I'm looking at. Historically when we pierce below this line we're in bear-market mode and have a real hard time breaking above it. This looks to be no different. There was an attempt at breaking above it on our pump to 10.5k but we can safely say that was rejected quite heavily.

I don't want to sound all doom and gloom but I can see that middle bband acting as resistance for the foreseeable future. Best case scenario we paint an ascending triangle pattern with a break of the bband around Jan 2020, similar to our 3k recovery.
As long as your predictions are based on facts then no one can say to you that you are being negative about the prospects of the market, I also believe the market will probably not recover as many members are expecting and we will see a slow decrease in the price of bitcoin and most cryptocurrencies, this is not really popular since everyone always want the market to go up but this can be a great opportunity to buy bitcoin for a good price before the halving.
sr. member
Activity: 1694
Merit: 299
November 15, 2019, 03:25:41 PM
The fluctuation will actually end, though that would be later in future when the mining of bitcoin has really decrease because the more the supply of bitcoin comes close to coming to an end, the more that the fluctuation in bitcoin will reduce.

This is the reason some experts believe that one day, the value of bitcoin will become stable after the last coin has been mined as it would have grown in value so much that the price will be so expensive to even buy for any whale to any market player to be able to use it to manipulate the market, but for now, I think that the market is still going to be subject to lots of fluctuation which is going to really be a blessing in disguise because it is through this fluctuation that we can make money from trading it.
legendary
Activity: 1473
Merit: 1086
November 10, 2019, 02:50:26 PM
Though Bitcoin price fluctuations will not end but I hope its price will remain strong in a price zone like 10-12K USD, or 20-25K USD with the time! Nothing can stop BTC's price fluctuation, as it is a decentralized asset! So, we just can desire to see Bitcoin at a higher price!

Everyones talking about these 200day moving averages etc. but it seems like we're slicing through them like butter recently. The middle bband on the weekly chart is all I'm looking at. Historically when we pierce below this line we're in bear-market mode and have a real hard time breaking above it. This looks to be no different. There was an attempt at breaking above it on our pump to 10.5k but we can safely say that was rejected quite heavily.

I don't want to sound all doom and gloom but I can see that middle bband acting as resistance for the foreseeable future. Best case scenario we paint an ascending triangle pattern with a break of the bband around Jan 2020, similar to our 3k recovery.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
November 10, 2019, 02:47:52 PM
Though Bitcoin price fluctuations will not end but I hope its price will remain strong in a price zone like 10-12K USD, or 20-25K USD with the time! Nothing can stop BTC's price fluctuation, as it is a decentralized asset! So, we just can desire to see Bitcoin at a higher price! Though its price is below 10K USD, but I hope it will overcome 10K and will remain strong there.
hero member
Activity: 1106
Merit: 506
November 10, 2019, 12:29:09 AM
of course bitcoin price fluctuations will never end. because since the beginning bitcoin was created indeed has a high volatility. and right now if bitcoin fluctuations are low maybe the best attitude we do is wait. I think the bitcoin market is correcting. and I'm sure after this bear market has passed and after defending two bitcoins can get to the moon again. bitcoin investment does require extra patience especially when we enter bitcoin at a bear market like now.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
November 09, 2019, 01:54:33 PM
Well, if I had cristal ball I could answered that question. It's hard to tell how the price will behave and how the market will react. To my opinion this fluctuation will continue until the end of the year and I don't expect to see some significant changes compared to current situation.
sr. member
Activity: 1372
Merit: 264
November 09, 2019, 01:50:19 PM
#99
Market is really unpredictable and fluctuation is just a normal in crypto market, we don't know when it will go up or down tha is why making a target price is really important  and a stop loss in case when a sudden drop of price.

And even thou there is a fluctuation we can still take advantage by buying in cheal and selling it high and that's the time you can make a lot of profit.
sr. member
Activity: 994
Merit: 257
November 09, 2019, 01:18:17 PM
#98
This question has an obvious answer, fluctuation will not end because we are in crypto where volatility is very high.
people came here to trade, to day trade to be exact and without fluctuation this market is not going to be attractive, I mean its gonna be boring.

people came to play because they want to employ their TA and FA here, and because this market is very unpredictable, it adds up more on the excitement and that's why even if sometimes the market looks dead, its still going to recover because whales are here to save it, actually they are the ones who are doing the pump and dump which we called as market manipulation.
This seems to be correct, many want the volatility to end but I do not see why you can earn in this market an amount of money that could take you years in any other market without using leverage and that is if you invest in bitcoin if you are feeling like taking the risk you could invest in icos and take your chances, and even if the odds are low if you are one of the few that select the right coin then you can easily make enough money to never have to work again.
hero member
Activity: 2814
Merit: 576
November 07, 2019, 04:46:50 AM
#97
This question has an obvious answer, fluctuation will not end because we are in crypto where volatility is very high.
people came here to trade, to day trade to be exact and without fluctuation this market is not going to be attractive, I mean its gonna be boring.

people came to play because they want to employ their TA and FA here, and because this market is very unpredictable, it adds up more on the excitement and that's why even if sometimes the market looks dead, its still going to recover because whales are here to save it, actually they are the ones who are doing the pump and dump which we called as market manipulation.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
November 07, 2019, 02:18:59 AM
#96
I don't think it will ever end, because manipulating the crypto market is very easy! Anyone who has a good amount of money can make the price fluctuations easily! Crypto price goes up and down after every news happens in this world. So, It will never be ended!
That is the whole point of crypto or any other market, it is influenced by the news and also people's sentiments. If the people are confident in the coin or let's say stock then the price is gonna explode and vice versa. So price fluctuations are the main reason why people invest in the market to make money by trading in the market swings.
full member
Activity: 1638
Merit: 122
November 07, 2019, 12:55:23 AM
#95
I don't think we need to be confused I think this is bitcoin time to correct the market. and

its not confusing at all if you already know the system because you can predict it where the price will head especially if you will use some tools , analysis and guides that you can find on the forum or online  .

Quote
now we are also in the bear market so we don't need to expect too much in this bear market.
bear market can also give surprises  . just because its bear it will be bear at that duration ? no but it can go down or the price can pump up quickly

Quote
but rest assured bitcoin can pump again and soon bitcoin will halve I am optimistic that bitcoin will be bull run.
and in my opinion bitcoin is indeed suitable for long-term investments rather than short-term investments.
yes it can  . btc can be a good asset for both long and short term but im more prefer to be a short term hodler because i cant hold enough patience to wait 
sr. member
Activity: 798
Merit: 250
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November 06, 2019, 11:59:04 PM
#94
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

I don't think we need to be confused I think this is bitcoin time to correct the market. and now we are also in the bear market so we don't need to expect too much in this bear market. but rest assured bitcoin can pump again and soon bitcoin will halve I am optimistic that bitcoin will be bull run.
and in my opinion bitcoin is indeed suitable for long-term investments rather than short-term investments.
hero member
Activity: 2268
Merit: 789
November 06, 2019, 06:54:36 PM
#93
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

The price fluctuation will continue as long as Bitcoin remains decentralized and free from any government or third-party control.

Its price is determined by the law of demand and supply due to the number of people who are willing to pay for such price. In addition, the price is also dependent on external factors (e.g. political agendas, country prohibitions, etc.). Due to this scenario, expect its price to heavily fluctuate from time-to-time and use this as an advantage either for short or long-term investment.

hero member
Activity: 2408
Merit: 584
November 06, 2019, 02:53:09 PM
#92
Not that much profitable by now.
Better to just HODL first.
There are a lot of rumors for December, that could be the moment to take profit back.
You could sell if the price pumps suddenly. But now, I dont think there is a space for another large price dump.
Just looking at how slow it moves, this could be the bottom of bitcoin.
Right now the market is supporting buyers not those who want to cash out some profit. But as far December is concerned, there are maximum chances for bitcoin to set on the track of great pump. The end of December would be probably good time for sellers who are in hurry of making some profit from bitcoin and related crypto currencies. I will suggest holding in December as well because real profit will be available in 2019 as per experts.
sr. member
Activity: 994
Merit: 257
November 04, 2019, 12:21:02 PM
#91
Never! People will never stop trading! And trading on the global scale will always make fluctuations in the prices. Have in mind that stable currencies need to have stable supply and demand, with cryptocurrencies, especially with bitcoin we know how much is the supply, we know block rewards and what halving means, supply will go down. Supply should be relatively simple, it can be calculated, but what about demand? We all know that demand for cryptocurrencies will rise! We have two factors and the economic laws can be applied to cryptocurrencies here! Don`t expect to see the end of fluctuations any time soon.
This is what makes cryptocurrencies special, when it comes to any other forms of money you do not really know what the governments are doing with the supply, but when it comes to bitcoin the supply is not an issue, we know with a great degree of accuracy how many coins will be created each year, so by far the most important factor when it comes to the value of a cryptocurrency is the demand and if it goes up then it is natural for the price to go up very rapidly as well.
sr. member
Activity: 1400
Merit: 273
November 03, 2019, 10:52:17 PM
#90
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

It is during this kind of days that I would choose to just let my coins sleep where they are. The prices are testing both high and low waters. One false move and the prices could fall down. But it also takes only a single movement and the prices could go flying high. But of course sideway movements are much better than downward movements.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
November 03, 2019, 10:39:36 PM
#89
Not that much profitable by now.
Better to just HODL first.
There are a lot of rumors for December, that could be the moment to take profit back.
You could sell if the price pumps suddenly. But now, I dont think there is a space for another large price dump.
Just looking at how slow it moves, this could be the bottom of bitcoin.
legendary
Activity: 1596
Merit: 1034
November 03, 2019, 02:06:20 PM
#88
The fluctuation of bitcoin is what people regard as the beauty of it. It may not stop but reduce for a certain moment and continue. At the time it reduce, the buyers will come in and it will start fluctuation or volatile.
As in the quote, fluctuation I is the best feature that one can experience with bitcoin. People fear about the market fluctuation while the wise one makes an earning out of the same. None can calibrate the end of price fluctuation, as well can't eliminate the feature out from bitcoin. This is well connected with bitcoin to make a big change in the global economic market.
i strongly agree with your opinion that fluctuations is here to stay as people or trader mostly who look at this situation as a way to make money , as an opportunity that you will never find it anywhere else , it is the one and only market.

if you want a stable market with low movement frequency then stock market and any other financial market except crypto is your place.
indeed we have a stable coin , a -claimed- cryptocurrency with less fluctuation even tend to stable.
but are you sure you can trust on something dreamy like those stable coins? stable coins is the biggest scam that so far run so clever behind cryptocurrency.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
November 03, 2019, 01:37:52 PM
#87
The market will become some traditional stuff if the fluctuations stop. No one will enjoy crypto currencies if they become stable at one price. Day trading is totally depending upon the volatile nature of crypto currencies. Volatility is the essence of this market. Though bitcoin does not fluctuate all the time but its fluctuations are able to shake whole market. It will generate new buyers by the end of December.
if the fluctuations stop, the adoption rate will actually be higher. It is true that the conditions you mentioned have added value, but the volatility in the long run will not be good and the sentiment must move to the final nominal limit in order to move the market actively. The current BTC situation has made the altcoin market as a whole saturated with volume still entering a panic and unbalanced phase.
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