Topic: Why was the last bitcoin growth surprising for every one? (Read 265 times)
when the market is in a downtrend, it is difficult to expect growth. this is used by those who adjust the growth to the news
If i'm not mistaken we're expecting a fall by that time but the opposite way happen. Who wouldn't be surprised by that? It surpass all of our expectation too much. Even I was surprised that articles has been posted about btc and it's price for how many times here in one of our top leading broadcasting company.
I think for you to understand this, you have to look at what is happening with the Tesla stocks at the moment. A lot of people are taking a short selling position with borrowed stocks. To make it even easier to understand, I will include an article that was written about Tesla : https://cleantechnica.com/2018/06/18/coming-tesla-tsla-short-squeeze-will-stock-go-supernova-in-3-weeks-elon-implies-it-will/
It is a high risk investment strategy and people shorting Tesla have lost a lot of money.
It is a high risk investment strategy and people shorting Tesla have lost a lot of money.
because at the end of last year the price of bitcoin is very high and is now experiencing a decline in prices long enough and surprising everyone
Why was the last bitcoin growth surprising for every one?
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.
Honestly,i'm not surprise for the bitcoin growth because I know it will really happen,i'm always expecting that bitcoin will grow more this year and it never comes to my mind that bitcoin price will drop down to below $ 6k this year as they always predicted in this forum.
The last growth of bitcoin surprised everyone because crypto traders and investors are already accustomed to dropping the price of both bitcoin and main altcoins. Especially since there was an explosive growth, when bitcoin grew by more than 1 thousand dollars in 10 minutes. In my opinion, the whales from
Wall Street entered the crypto-currency market. I hope the up trend of bitcoin will continue.
Wall Street entered the crypto-currency market. I hope the up trend of bitcoin will continue.
Because no one had thought that bitcoin would enter a bull phase again so fast after the last years rally and that it would take some time before we see any big green candles in the markets. And just when every one thought that bitcoin was going to drop to $3k levels the markets rebounded.
I was not suprised at all, btc was oversold now it is going back up to where it should be
Yes right, if we are familiar with bitcoin for more than 1 year then price increases and prices are common, I would be surprised if this year's bitcoin price could reach $ 1 million or $ 10.
I think it was surprising for people that were new and only recently got on board. For everyone else, it might not have been so much of a surprise.
It seems like when bitcoin gains momentum, then the entire cryptocurrency market is also gaining momentum.
It seems like when bitcoin gains momentum, then the entire cryptocurrency market is also gaining momentum.
Why was the last bitcoin growth surprising for every one?
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.
In general, most of bitcoin users both expect that bitcoin can reach to high peak. Especially, as you can see the bitcoin price in the last two weeks, this is maybe a crutch time of bitcoin market and everyone hope that its price can fluctuate in a good way. They seem to get a big panic with bitcoin value in that time. To speak frankly, because bitcoin is well-known for its volatile, thus when it’s getting increased suddenly which makes me feel amazing. Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.
The last growth of bitcoin was not a surprise. Almost all analysts and experts predicted the growth of bitcoin after April 15,
when the term of payment of taxes by large crypto exchanges will end. Moreover, crypto-currency market participants were tired of the constant BTC price fall. The market can not constantly fall. Therefore, bitcoin found the bottom at 6,000 dollars and turned from this point.
when the term of payment of taxes by large crypto exchanges will end. Moreover, crypto-currency market participants were tired of the constant BTC price fall. The market can not constantly fall. Therefore, bitcoin found the bottom at 6,000 dollars and turned from this point.
Maybe because many peoples waiting bitcoin price drop to $5000 and then they buy it and when bitcoin price jump to $8800, many suprise because they dont expecting it. I am still believe that bitcoin price like many expert said, it will reach $25k end this year and better hold it for long term
After so long the bitcoin is inside the bottom of the cliff and maybe it's time for bitcoin to crawl up from the abyss, and this may be because of the rising bubble that will occur, to increase the price of bitcoin.
The red zone had gone soo dip and lots of coins had lost value, with claims and prediction that crypto is coming to an end and most influential parsons speaking negatively of BTC, no one expected the sudden turn in fortunes for BTC, everyone thought it would slam and most sold out of panic, but then BTC is just BTC, made the recovery as it always does.
This increase is very encouraging for those bitcoin holders with very good spikes, and after a long decline and this is the end for the rising and rising bitcoin prices.
Having being in the bitcoin market for a longer period of time, these burst in growth when the market looks generally weak is not new, it has happened in the past and most of the time you wonder why the market is going higher this fast and the volatility level is really high in bitcoin, the crazy thing is that future traders will have a difficult time taking a position with this market.
I was not suprised at all, btc was oversold now it is going back up to where it should be
Why was the last bitcoin growth surprising for every one?
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.
Its because there's no positive news that will really push the price from $6K-$7K levels in short amount of time. Frankly, I was surprised at all and I try to look at every news so see what might seems to influence the sudden jump.
Maybe there's no single contributory factor to the sudden pump but its good thing that the increase is sustainable at least at this very moment because it has broken the next mental barrier ($8500). Maybe the next question would be, will the growth another bull trap or is this a sustainable and the start of a bull run that we all been waiting for?
The jump in price was so magical but I tell you guys, bitcoin might hit it's all time highest point by the end of this year. It won't surprise me at all if bitcoin hits $15000 this year.
I think the downward trend of the cryptocurrency market has stopped and it is hard to bitcoin to fall below $ 7k during this time. Get your own home in this market because the masses often do not win the financial market.
This coindesk analyst is the same one that was predicting that BTC will probably break the resistance and go upwards above, possibly towards 15k USD, and right when he posted that the price tanked. Just read the comments. That's how good of an analyst he is, so I wouldn't base any real decisions on his articles.
https://www.coindesk.com/bitcoin-defends-11000-mark-and-eyes-move-higher/
If you knew what a short squeeze is, you wouldn't be surprised that we went up.
https://www.coindesk.com/bitcoin-defends-11000-mark-and-eyes-move-higher/
If you knew what a short squeeze is, you wouldn't be surprised that we went up.
Jump to: