Bitcoin Forum

After 2x was called off we have seen the biggest 4H candle in history almost spanning 1k in size.... dayum BTC. On another note, this is great consensus like in no other network. HODL BTC

I love seeing this! This means that big money is coming into the space and people are starting to take it seriously. Especially with how fast it corrected itself showing that the network is becoming less and less volatile. We will see bigger candles as more money pours in with bigger corrections , but it'll always be heading towards the moon en route to being sound money for the world.

Yesi noticed this, it was incredible, i was just in my office when i wanted to check the price for first time and it was below $6900 at that time, and two hours after i checked it and it was upto $7700 each bitcoin, that was insane, i could not even realize that and i thought that my smartphone was outdated because of that.
I dont know, we should think about it, but bitcoin is being better everyday, it is getting adapted by everybody and it is good for all of us.
But those news from the bitcoin segwit affected the price by a lot, and maybe a lot of things were affected too.

Also noticed! It was almsost a column and candle with the magnitude of $800-900 and I've never seen something long like this before in btc price charts. A great amount of capital flow has been observed before this 4-HOUR candle. So holding will be the right decission.

Yup you are correct, I noticed that too and the price of bitcoin continues to grow despite the cancellation of segwit2x. The community has really spoken about this implementation and I'm glad it didn't went through as scheduled. But maybe they will push it some other time though. So the best thing to do is to hodl on our bitcoin. Some may move to altcoins but the best choice is to just hodl on our bitcoin now.

While quite large in size it's really not too remarkable, at 1k it is about a 15% swing inside of 4 hours, I am sure we have may seen larger swings inside 4 hours in terms of a percentage change. As bitcoin price continues to increase we will only see larger and larger candles in terms of usd.

Today was a big day, of course, but we could not even imagine that this was going to happen. i am constantly looking at the charts and i can really say that i did not expected to see this rise today, because it was huge.
It was below 6900 before the end of the day and now it is upto 7500, it is a huge rise in less than 24 hours, of course.
but we should expect this kind of rises everyday in order to improve the trades, because i am now doing some kind of trades with usd/btc during the whole day to make some extra profit from that.

Yeah thats true and only bitcoin can do that any time in the future again. There is no other currency which carries this much of the potential because it is simply not the way others work. This kind of leap is actually made for us, the crypto lovers who can earn loads of profit. Its just that we need to be very conscious about the trades market and all the news around us. Now the situation is reversed and fork has been put down unofficially so we don't know yet how the market and big investors will look at this situation. Will it have positive effect or negative effect is yet to be decided and that would be done by the time to come.