For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
I do not understand what kind of fuel is involved (I assume cash), but the market depends on many factors, and as we see one person with a huge amount of bitcoin can bring down the whole market. 
Topic: Will this BTC price hold and does it indicate bull market yet? (Read 239 times)
Bitcoin is range trading on very thin volume. There is no big news to force it back into a bull phase. Perhaps a bloodbath in the stock market later this year when interest rates rise might do it - but for the moment, we appear to be stuck.
Stuck is the proper word. We ain't seeing any improvement or the movement in the market and Bitcoin seems to be circulating through the same values for the last 2 months. I am certain that it will get higher when the market enters red phase.
Like you said, we will have to wait for that moment and hold onto our Bitcoins because they will prove to be very valuable in some time.
We must be patient and trade with another portfolio.
Bitcoin hodlings must be left alone in the wallet. It will rise again to the 20000 if not this year as the start of the next for sure.
Bitcoin is range trading on very thin volume. There is no big news to force it back into a bull phase. Perhaps a bloodbath in the stock market later this year when interest rates rise might do it - but for the moment, we appear to be stuck.
blood bath will always happen in the unpredictable market of the crypto cause this week it dumps from 11k to 9k USD, but the price decrease is so much from its former price of 20k USD even most of the altcoins took its consequences of the bitcoins decline to its price, hoping that this crash will end and the price surge will meet its peak of rocket again.Let me peek into my crystal ball and tell you what my charts predict for the weather.... 
what did you saw from your crystal ball of prediction? let me check coinmarketcap.com my crystal ball for the present crypto pricing with the help of my computer and internet. For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
As of this moment I am still thinking about the situation of bitcoin it is unstable very very unstable because from 11k usd to 9k usd again this time. This is the reason why many of us already doubted bitcoin if it has the potential to recover again. Especially those who buy btc from 20k usd this is now very hurtful for them.For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
As of this moment I am still thinking about the situation of bitcoin it is unstable very very unstable because from 11k usd to 9k usd again this time. This is the reason why many of us already doubted bitcoin if it has the potential to recover again. Especially those who buy btc from 20k usd this is now very hurtful for them.
Price will fluctuates a while because of so many issues and news these days. We suffer of bearish trends but hopefully it will not take long again. With this price hold we may see maybe a bullish market this nearing months.
The Market looks volatile due to binance incident and market correction this indicates we will gonna see again bearish trend for 2 to 3 week, due to this volatile market and bearish trend bitcoin will remain sideways between 8000$ to 12000$ until 2 to 3 weeks. Its better to HODL better Bitcoin till the end of this month and hopefully we will see some bullish trend and bitcoin price recovery.
It is true that bitcoin movements slowly rise again, perhaps still a recovery stage in everyone who uses them again to develop it to buy more, and takes quite a long time.
Given the market price of bitcoin increases every month, it could be an increase again.
Given the market price of bitcoin increases every month, it could be an increase again.
if I think there is a possibility of fluctuation because it may still need some improvement in some sectors, it may not always go up, but it also will not go down, so here is a fluctuation that is a natural thing
I see BTC prices are rising little by little and quite stable, probably going to happen in the next few weeks. And I see, today is still far away with big international day. I think there's hope for short-term investing now
Let me peek into my crystal ball and tell you what my charts predict for the weather....
I guess you have already had an answer from the markets to your question.
Now the technical analysis of Bitcoin shows it can possibly dive very hard any moment. It's a very delicate moment.
Now the technical analysis of Bitcoin shows it can possibly dive very hard any moment. It's a very delicate moment.
For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
Maybe will experience a longer bearish market coming on our way, but still its very possitive that Bitcoin will reach new price record but the only question is, when? This bearish market is the best time to invest in crypto specially those who want to catch up, these market price drama are just temporary and expect a bull run after everything is fine and calm.
As per the BTC graph, i think its time to buy on every dip as price expecting to surge soon. There is strong base of $8500-8800 is seen for Bitcoin which is expected to rise at $10200 soon. But it is expected that it will move in between $8800 to $10200 n next few days.
I read somewhere that 90% of short term traders lose in the long term. If you can't beat the game, don't play.
I think the best strategy by far is buy/hold using a dollar cost averaging strategy. In other words, decide how much you want to invest every week/month/whatever, and buy that amount at fixed intervals. If you believe, like most of us, that the price will rise long term, then this strategy will ensure you do not buy high and sell low. Hold and let the talented short term traders take some one else's money. If you can't play their game then don't. Change the rules so that you can win.
I think the best strategy by far is buy/hold using a dollar cost averaging strategy. In other words, decide how much you want to invest every week/month/whatever, and buy that amount at fixed intervals. If you believe, like most of us, that the price will rise long term, then this strategy will ensure you do not buy high and sell low. Hold and let the talented short term traders take some one else's money. If you can't play their game then don't. Change the rules so that you can win.
We will continue but with some more corrections bro! Yes, we have to follow more corrections before we can keep the upward trend continue. I am not sure about the different bull market but what I read over the forum and on the blogs tells me that we have passed one correction and we still continue to drop down one more time. May be we will hit the price of 10k again and then will start the uptrend. The bitcoin price will never hold at this point because the fluctuations will carry on the up and down trend and well obviously bitcoin has never been stable yet. Might just need another correction in few days or within a week or so to hit the bull market.
I think we already experienced a lot of correction for a long time, which causing the price stick between 9000$ to 11000$. Now i think that the time is to move farward, i do not think that there is any correction expecting any more, i am hopeful that in next few week we will see a tremendous increasing in the price of bitcoin and hope that once again it will cross 19000$ very soon. For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
You know one thing, I have just stopped looking at prices. Every month when I get my salary, I buy some amount of bitcoins based on how much money I have after all the expenses. There is no point for me to watch prices going from $10000 to $11000. I have about $8000 worth of bitcoins in all my wallets and I am not going to withdraw till the prices increase to $25000. I know that this can take up to an year but I am perfectly fine with it. If something major happens, I come to know about it anyway through the posts made by other members.
We will continue but with some more corrections bro! Yes, we have to follow more corrections before we can keep the upward trend continue. I am not sure about the different bull market but what I read over the forum and on the blogs tells me that we have passed one correction and we still continue to drop down one more time. May be we will hit the price of 10k again and then will start the uptrend. The bitcoin price will never hold at this point because the fluctuations will carry on the up and down trend and well obviously bitcoin has never been stable yet. Might just need another correction in few days or within a week or so to hit the bull market.
Bitcoin is range trading on very thin volume. There is no big news to force it back into a bull phase. Perhaps a bloodbath in the stock market later this year when interest rates rise might do it - but for the moment, we appear to be stuck.
Perhaps as of now it will hold above 11k value. But for sure it will start to exceed because of some good news nowadays . And maybe now bitcoin price is gaining strength , because as we see it's always fluctuate above 11k. So perhaps after this fluctuation. 15k value is not possible to reach on this month of march.
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