Author

Topic: Will this BTC price hold and does it indicate bull market yet? (Read 236 times)

full member
Activity: 753
Merit: 100
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.
member
Activity: 140
Merit: 14
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.
full member
Activity: 378
Merit: 101
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.... Roll Eyes
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.
sr. member
Activity: 630
Merit: 263
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.
I have no doubt that the price of bitcoin will be higher than $ 20,000 this year. Bitcoin has always attracted fans of easy money. They are the first to suffer at such moments. Experienced traders buy coins from them and then sell them more expensive. Bitcoin is a good currency but you should always be prepared to freeze your assets and not lose money during a price drop.
member
Activity: 252
Merit: 10
For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
As of this moment I am still thinking about the situation of bitcoin it is unstable very very unstable because from 11k usd to 9k usd again this  time. This is the reason why many of us already doubted bitcoin if it has the potential to recover again. Especially those who buy btc from 20k usd this is now very hurtful for them.
hero member
Activity: 1582
Merit: 523
Price will fluctuates a while because of so many issues and news these days. We suffer of bearish trends but hopefully it will not take long again. With this price hold we may see maybe a bullish market this nearing months.
member
Activity: 224
Merit: 21
The Market looks volatile due to binance incident and market correction this indicates we will gonna see again bearish trend for 2 to 3 week, due to this volatile market and bearish trend bitcoin will remain sideways between 8000$ 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.
member
Activity: 420
Merit: 10
www.coinxes.io
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.
newbie
Activity: 165
Merit: 0
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
member
Activity: 154
Merit: 10
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
newbie
Activity: 21
Merit: 0
Let me peek into my crystal ball and tell you what my charts predict for the weather.... Roll Eyes
full member
Activity: 714
Merit: 117
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.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
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.
sr. member
Activity: 630
Merit: 257
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.
full member
Activity: 279
Merit: 132
Beefcake!!!
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.
hero member
Activity: 840
Merit: 500
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.
jr. member
Activity: 187
Merit: 2
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.
sr. member
Activity: 588
Merit: 257
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.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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.
sr. member
Activity: 2016
Merit: 283
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.
member
Activity: 476
Merit: 17
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?
Unambiguously, the bullish trend will intensify and we will see this in the near future. This is facilitated by the end of the New Year in China on March 2, as well as the absence of rigid radical statements regarding cryptocurrencies in the G20 forum. Positive news from Germany, that they will not tax purchase taxes in bitcoin. It is worth considering that Germany has one of the leading economies of the world and has a strong political influence in Europe.
newbie
Activity: 153
Merit: 0
Block chain technology has been widely developed in the world, and it will be a huge explosion in 2018!

Lightning network technology is a real revolution for bitcoin and other cryptographic currencies.

I think there are many excellent ico projects launched this year!

I think bitcoins price will not hold as $11000 instead it continue to rise. Bitcoin as newly developed technology had experienced a lot of ups and downs, but looking at its value today we could really say that people were starting to accept and undertand bitcoin and its features. Currently, bitcoin is getting its way to popularity, more people will invest the more we gain profit.
jr. member
Activity: 350
Merit: 1
Block chain technology has been widely developed in the world, and it will be a huge explosion in 2018!

Lightning network technology is a real revolution for bitcoin and other cryptographic currencies.

I think there are many excellent ico projects launched this year!
legendary
Activity: 2436
Merit: 1362
Lets face it gugs, BTC is only going one way....and that is UP.
ok this is the long term outlook and there will be downs thrown
into the mix. The current stable state of BTC wont last but
we could be looking at some positive momentim.

The key is patience, it will happen
hero member
Activity: 882
Merit: 544
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?
Most of the time market can be very unpredictable but in times when btc price is stable, most of the time it continues upward trend and there is a low probability of dump later on considering it has dumped recently. There is also a chance that there will be some price fluctuations and it will take time before the next bull run happens. For now, the best act to do is to hodl but if you bought your coins at a lower price, it wouldn't hurt selling some right now.
sr. member
Activity: 1274
Merit: 278
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?
No one really knows what will happen next on the increase at this moment whether it will be continuous or crash will take over. So it is more advisable to hold and if possible, imvest. Avoid selling already because there is a chance that its market price will continue increasing and will become more expensive. Huge profit will be earned as its price is rising.
MMA
legendary
Activity: 1134
Merit: 1000
For the longest time we were waiting to see if the price would break $11,600 and stay above to indicate we're moving upward. Now we are testing this bear trend line and if we can break through and remain above it then I believe we would be entering into the new bull market. What do you think, will we continue up and to the right? Or will there still be some price fluctuation for a while as the accumulation phase takes it time to gather more fuel for the next run up?
Yes that is right, we were waiting for the price for a long time and i think that most of the investors were very much confident about the bitcoin price and therefore they were not selling their bitcoin, in fact bitcoin has now taken the step and now it will continue increasing its value for a long time and hope that very soon we will see the price of bitcoin trading above 20000$.
jr. member
Activity: 112
Merit: 1
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?
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