Bitcoin Forum

stop profit 3700?
To re-buy after falling to 3000?
 ???

why 3700?
But yes, I'm also sure that we will fall near to 3000 USD again soon.

I can imagine that 3000€ is the next big wall. So in $ that would mean ~3550 (maybe better 3500)

End of July, Goldman Sachs made a prediction for the top of next wave at 3691USD.

I think there will be many investors taking profit just before this level, and the price will not break 3700$.

Next big dip will occur with the 2X part of segwit part  : hardfork planned on Nov. 23rd. EDIT : Nov. 18th !
   On my side, I already took profit because I didn't believe it could go so high with so much trouble coming soon.
   my prediction: our Chinese friends from bitmain will spread FUD to enjoy the price volatility.


The other possibility would be :  no trouble for 2X hardfork, all miners will follow the plan, everybody is confident because hardfork process has already been executed smoothly, and BTC will go to the moon.

Would love to see a 3000$ wall, but I think it is likely we fall lower than that... 2500 or so. Has gone up too fast, too sharp, and I doubt all that is new money coming in from outside crypto (which would be a sustainable raise).

Putting up numbers for stop-loss configurations with bitcoin makes not much sense.
From what I have learnd at stock exchanges is that the chart has its own will.
And bitcoin seems to want upwards.
But to what amount, nobody knows. I think you can put any number into your sell level.
There is no possibility to make a clear prediction, just random guesses.

good idea 3000 euro. I think so too..

that is a big swings you are expecting and in what time frame is that?
i think after $3500 rise will slow down and possibly stop before the $3600 then have some backtracking for correction.
that is the time that your $3000 may come true.
the the follow up rally.

It seems to me this time should happen what has not happened yet - growth without correction.

it is impossible!
growth without correction means nobody should ever sell and we all know that is not possible. traders want profit, they sell at some point eventually to take that profit out and after the price came down (after correction) they buy back again, this time more bitcoins.

if you look at the charts the correction (in small amounts) has been happening too.
for example drop from $3143 on 5 Aug

Whenever know what will be the result of our assumption and much better if we just monitor the price so that we can prepare ourselves to sell and buy when the price would dump after the correction as you said, but hopefully the price of it would come rise for more so that we can still accumulate huge profit from this great jump happenings by this days.

Guys we are definitely in a bull market now. Why would you sell and try to buy lower, it is risky. Just hodl and watch the graphics going upwards to the moon

Well when you do that it helps you ready any situation on market and not worry if you can't keep your eye for following the price when you busy. Because stop loss always ready helps you keep safe your funds.

Yes, selling bitcoin is not a good idea. According to the Bitcoin chart shown, every one who hold bitcoin and is a little patient, make profit. amount of  profit depends on how much a person is patient. So there is no need to sell bitcoins to earn a small or quick profit. Maybe you never can afford to buy again. Just be pateint and wait.

Those people sell their bitcoin yes that is not a good idea because you are right if they sell their bitcoin and then suddenly its price climb to up and then they have no more money can afford to buy again bitcoin due to high price. So if they control their emotions and be patient to not sell their bitcoin thats they will not loss all bitcoin.

Price of both BCC and BTC is pumping hard which don't look quite healthy or sustainable. I am now diversifying my bitcoin into multiple crypto and fiats.

Bitcoin over $3400
Bitcoin cash over $350

Huge amount of fiat have flown within 1-2 days into crypto so current rally might broken down when all those new investors will pull out their profit.

There is not enough news that bitcoin will be officially recognized, in another one country. ::)

Well what if they really need Fiat money to settle their finances? not all people that are selling bitcoin because they are afraid that bitcoin price may fall down, there are certain issue that they need to settle just like me I need to settle a bill and I need my money online so I would use my bitcoin, but I will definitely want to leave a small amount once the price goes up, but yeah no one wants to lose their money without them noticing it right!

Because this is what day traders are doing. They are looking for profit targets and new entry points after the correction.
The aim is to make some profits in fiat or to accumulate more Bitcoin!
Everybody who is serious about Bitcoin wants more of that. And many try doing so with trading.
Others just hold and buy constantly with some of their regular income.

Its hard for bitcoin price to fall down to $3000.On november 18,when segwit will be completely activated,another time FUD will be spread by people who want to make some quick profits by making bitcoin price fall and still there would be newbies who would believe such news and would sell their bitcoins creating once again instability in bitcoin price.But we could expect a high rise in bitcoin price after that and bitcoin would go to the moon unstoppable.

I totally agree (except FUD will be spread before Nov 18th).

I am still wondering what reason "they" will find later to put an obstacle against price growth.

this is a bull run that is just getting started. this is the warm up before the activation of SegWit and before the weak hands which were flushed out start realizing their mistakes and start FOMOing to buy faster because they are soon going to start feeling left out.

that's when the real party starts ;)

I agree that the price of Bitcoin will probably drop to $3000 or below soon. The price can't just keep going up. At some point there will be a consolidation to some price lower. I doubt that we will see a huge drop now unless there is some really bad news about Bitcoin. I think there will be a lot of stability since the fork with new investors seeing Bitcoin as less risky.

Hmm wondering if we are just in a great week following fork/scaling decision or if this is the start of another weeks-long bull run like we had from late April to early/mid June. If it is another full scale bull run this thing could hit $5k by the end of September. time will tell!

I think now it is time to buy back around 3000$ :D

I think it is a good idea, but I don't see any signal that can caused bitcoin to fall back to 3000$, this few days bitcoin keep on rising, but if bitcoin ever fall down under 3000$ then it will the perfect time to buy

It seems already traders started booking profits as per prices are trading around $3200 after marking the high around $3500 levels. But it seems a temporary hiccup and it may resume it rally toward $3900 at any time. I am expecting prices to reach $5000 levels by end of this month as per my technical charts. Lets wait and watch whether booking at $3700 is a good idea or not.

stop profit was 3500

Selling btc right now is neither good nor bad idea. It actually depends on one's purpose why he buys and/or sells btc. If they don't want to invest on a long term basis then that's why they are selling at a high rate then buying on a low rate and the cycle goes on. In fact, there are other ways to earn btc without having to buy. And one of those is the signature campaigns we are currently engaged in. So no matter how high or low btc gets, they will still have an investment in btc without having to worry.

The best tactic with crypto currencies is to buy and forget.

Yeah, people gotta start learning this.

The bitcoins' price is start falling right now, even not big but it's starting and slow but sure. Thank god i already sell all my bitcoins yesterday, when the bitcoins price still on top. I guess the price will back to $3000-$3100, depend on the market and panic selling. Get ready to look at the chart 24 hours lmao.

If you did bought bitcoin on 3100+ up then hitting profits on 3500 isnt really bad and im sure you would be on profits now when the price rose up and it definitely hits up and now price came back again on 3200+ as of the current writing which it somehow dips again and im sure you do missed that take profits target. 3700 would be too much as of now to consider but it isnt really a bad spot after all because we will surely hit that up sooner or later.

Time will tell, and any of our predictions are subjective, so never make a claim about the value of bitcoin, a strong bull that is moving forward.

Bitcoin is unpredictable and guess where the price will go is very difficult. But there are still general trends. And I hope that in the next few years the price of bitcoin will multiply several times

Or trap bull will be comeback any time ::). For me the price of Bitcoin in today very good for take profit, because not need spend more time for believe the future Bitcoin while many altcoin on market still very cheap.

Judging by the current situation on Bitcoin on the market, I can really be sure that Bitcoin will reach $ 5,000. Well, the wearing of many altcoin I believe that everything is still ahead, Although I really regret that my coins are an alternative currency, I spent a little, for everyday needs.

Do not sell at 3700, it will soon break through 4000 and beyond.   ;)

Everyone is waiting for that moment and maybe many people would not sell today and wait for another ground breaking price hike of bitcoins. And good thing the price for now seems will got a light path since the way i see from its stats is frequently growing.

In future, the price of Bitcoin reach to $5,000 is possible, but ask about when it happens very hard for predict. Because the cryptocurrecy market still not clearly and define value of them just by the community set price.

This and next year will be the year of the bitcoin in the world. The critical mass of people who know about the cryptocurrency has been achieved. So 5000 will be seen this year