Bitcoin Forum

What is your take on the market conditions? Do you think we are seeing this bullish trend (from the bottom) keep going to ath again, or do you think resistance will hit the uptrend back again?

What price levels are you watching?

I am watching 12k, but I am very bullish on the market right now.

Right now I'm mainly watching the 4h time frame. Bitcoin had to beat $9k and $9.5k, which it did, and now need to force it's way through the psychological $10k mark in order to get back to $12k. I do believe that on the best scenario it will face big resistance at $12k, so if we get there, I will probably take some partial profits on my positions.

I also expect us to take some time to test and break the $10k level. We will probably form a higher low right now, to create some support levels, before we try to pass the $10k resistance. So I'm perfectly fine with a pull back from where we stand. Everything bellow the current level and above $8.3k is a higher low to me, so I will only exit my position to cash if BTC breaks down the $8.3k resistance.

i don't see any reason for this trend to really reverse. we may see some drops in form of bear traps soon during the uprise but i believe this rise can be sustained and we will see the 5 digits again soon.
i think most people are watching the $10k price as a major resistance to be broken first.

Based on my assessment it already hit the resistance 9900 USD mark it will go back to support line 9K or 8500. But still the important trend is establish right now (uptrend). If the price did not touch the 8500 it is sure that it will go up to 11K USD mark. I'm watching very carefully the development this is very important because We might have another breakout.

$12000 price is really reachable and seeing now all marketcap is already increasing now which i do really expect because of Chinese new year or on upcoming news but yet we are still on a tough resistance which is on 10k price we are playing ranging on 9k price which is a good thing because price is trying to break up that resistance,might not an assurance but once it breaks then expect to reach 12k easily. Talking about ATH then we wont know on whats ahead.

Critical for me is $10K, which can be easily touch in the next couple of days. I'd say its critical because if its broken then we call say that the bulls is back at the driven seat and maneuvering into a direction which is very favorable to all of us. As for the all-time-high, we all know at the back of our minds that we are going to set a new one, the question is when. And this bullish trend that we are currently witnessing is a sign that investors are flocking into the market scene again and the waiting game is over. Previously we have seen a one step forward, two step backward sort of trend. But starting last week the mood has change and up to now the price is going upward. So in conclusion, $10K for me to watch, if broken then all-time-high will be met in the next coming months.

yes of course as it happened in the previous year when the beginning of the year bitcoin will go down and when stepped on mid year then bitcoin price will creep up slowly and at the end of the year will be its peak again.

Traps and more traps that's what I feel will happen in next couple of weeks but Bitcoin will remain over $7k USD. I dont want to sound like a Crypto Nostradamus but whales are playing a big part on this continued sideways movement of Bitcoin. We are at $9,500 +++ at this moment but it might take time before BTC to hit ATH again.

This is the slow and good market now in my opinion.
Bitcoin already rested well and starting to wake up again.
I dont think it will come back again at a very low price. But I am not really sure. Anything might go on and with just a bad news or a successful FUD then it might happen again.
But I would still rather stick with holding it.

i think market is just start to going ATH again, because the chinese new years event is almost over, and they will rebuy the btc even at this price.
that's why this price is still good to go, and HOLD till the end of this year.

coins can't reach new ATH so easily, it needs a good news for future, if there's no rumors or news then the price will only stable or even going down

Currently bitcoin has crossed to $10k I think were seeing this market to ath again. The position makes in bullish trend hoping the support is strong that it will not drop down hard. Who knows what price it were heading, so for the meantime watching over this market is good. Green marks should continues well.

Too soon to call it a run to a new ATH, but I do feel that the sudden uptrend has something to do with JPMorgan backing up bitcoin recently. 4-hr charts suggest that we're in for a push and no signs of negative impression from the market can be found. I'd rather not keep my hopes up until a day or two passed and we still hold higher $9k strong but then again, it's still a reason to celebrate a little.

Don't expect bitcoin to hit ath so soon, it's going take time to reach ath again or new ath, probably in april we'll see it. anyways i'm glad i bought the dip, it was the last opportunity to buy bitcoins below or at $6k i guess.

I am watching the level around 12 to 13k.

I think we are going to see a more "normal" uptrend, with the usual ups and downs, compared to a more drastic uptrend as we have been seeing in the past. Reaching the ath around the middle of Q2

It will definitely surpass the last ATH. And only the strong will survive as they have during the recent drop. The market wales have tried to shake off the weak hand so they can have more control so when the bull market comes back they have all the advantage to pump and dump on their call

Yes there was some settling and normalization of the market, it was a due honestly. But now, looking to stabilize and be alright! :) We are all looking forward to something tad a bit stable to see where all of this is heading to. :)

What was the ath for the market again ???

i hope the market will go up ... :)

It was just under the $20k level for USD nominated exchanges, and far over $20k for KRW and JPY nominated exchanges.

If we analyze the market, it has broken through $10,000 sooner than many of us here were thinking it would, but at least it's somewhat of a bullish sign. I however won't take the $10k level for granted as being a forming base level, it's just too early for that. My personal guess is that we'll be jumping over and under the $10k level for a few days, where after that we'll see what the market is up for. It would be nice to see it settle above the $10k level for good, but with how thin the markets have been lately it's almost impossible. One relatively sizeable dump can get this market to tank at least 10% like it's nothing -- there is no space in between to catch up these dumps. I need to see +$11k to at least somewhat be confident.

The moment we broken the 9,500$ and 10,000$ are clear signs of a breakout but the problem here is what kind of breakout it is as their is a high chance that it can be a fake breakout where the whales are manipulating the price again to go upwards as the low volume says so. The 10,000$ level clearly needs to be watch as anytime it can go back down below it again. If only volume is high I wouldn't be worried that it isn't a fake breakout.

I do not know if we can even call it an uptrend, we suffered a crash and the price is suffering a correction, most of the time we think of corrections as the price going down but a correction is just an adjustment of the market when there is a distortion in the price and the price of bitcoin was too low, so I think the market is going to stabilize for some time and move in a tighter range from now on.

$10,000 is a psychological resistance and since we were able to break that then the next stop is around $12k. It is having a correction right now after hitting $10,200 so it may go down to $10k and then go up again to reach $12k level. If ever it surpass the $12k level then the next resistance would be around $13k. There would be many resistance levels before surpassing the previous all time high but if there is a hype again with all the media attention and new investors then bitcoin would reach a new all time high again sooner or later.

When i look in to daily chart the market just start to ATH (All The Time High) , so now best time to buy for long term trading.  The price of Bitcoin in my prediction will surpass $30,000 in this year. This is because the price of Bitcoin  so high fluctuacion.

Maybe the price will stabilize for a week before it launches to another price so definitely nothing to worry about some dips.
However I'm very speculative that after bitcoin hit the $11k resistance we will see again the constant surge.

Prices are adjusting and prices are falling for correction.

This is a slow and good market.

The price of bitcoin in 2018 will be the highest ever.

if a big surge were to happen, it would have started already right after it hit $10,000 and price would have reached a much higher price such as $14,000+
but it seems like market is favoring a much slower rise for now. maybe because the FOMO buyers are still scared since they were burned badly in the past few weeks that they sold in the dip and lost money. but they never go anywhere so a big surge is still a possibility but it may take a higher price than this.

The price $13000 is really reachable and if we see all market cap is increasing day by day which we really expected because of Chinese new year or on upcoming news but yet we are still on a tough resistance which is on above 10 k price. we are playing ranging on above 10 k price which is a good thing because price is trying to break up that resistance.

I think some of the air has been let out of the crypto bubble so it will take some time to reach ATHs again, investors are a bit more rational and some of the worst speculative excesses like buying bitcoins on credit cards have diminished. That said I feel the days of 100x gains in a coin over 6 weeks are much less likely to come to pass.

I think now the game is for large institutional investors to jump onboard the blockchains with the strongest technology platforms for long horizons and for smaller investors to identify failing blockchains with potential and engage in activism to realize the value of the platforms. Indeed I have done so.

actually, I am waiting for the price reach more than $15k again although I don't know when the price could increase, I still believe that the price will increase back. I think from this time, we can see the price reach the new price and will increase until $16k-$17k and then the correction will come and make a lower price again like before and will be back to increase again until more than $20k.

we will back to previous price and even more soon,I promise you.
just watch and wait if you don't have emergent need to money

After 4 days, my technical analysis is correct. I really knew it, fibbonaci retracement tells me that if the BTC price will not break the 11k mark it will go back to 9k USD mark. But if the price able to break the 11k mark I'm certain that at the end of the month the price would jump to 13k USD.

I think it is still too early to make predictions that the market is on its way to its ATH again. Sure the road leads to nowhere else but upwards and forwards but I think it will still suffer rough roads along the way, just like all financial markets. As they say, it is what makes success sweeter.

Based on data, however, I see it will go mainstream around $10,000 for quite a while before it slowly goes up the ladder.

Anyway it is still the first quarter of the year, we should not be too hot about how it is going to be. The more you ignite your senses to your investments, the more it sways away from you. Just leave it at it because there is no point stressing about things that are way beyond our control.

Right now the market is doing some healthy consolidation above the $10k mark which is good. The previous resistance level, that was around $10200 (if you look at the daily time frame), has been beaten and is now acting as support level. This is the ideal scenario for the bulls in my opinion, and we are doing great. Bitcoin is doing a small pull back right now, but it looks like good consolidation to me.

If we keep the bullish scenario we will either trade sideways between $10200 and $11600, creating a good support level for the attempt to break the $11600 level. We will probably face some resistance because of the $12k psychological level, but as soon as we beat that, we will then quickly test the $13k and keep trying to push to $14k.

I have a partial stop loss in the $10200 level, but I will not exit my trade entirely, because we could still form a higher low on the daily, and then move back up again. My complete stop loss remains at $8300.

It is stagnant for about a day now.This just means it is accumulating strength to push the price further up. We may not reach a new ATH anytime soon. But I guess anywhere between 13 and 15 K is reachable short term.

The All time high is pretty far from us at the moment.

Do you seriously think that the price will go towards $19,500 in just a few days like it happened on december? No way, there isn't enough FOMO right now.

nope, not very soon yet mate, people bought at $19k are the ones setting the barrier, they try to sell their bitcoin from time to time when there is a good run that's why if you look at its price in 24hr time frame there are still drops from it, i hope this is not a fake bull run but i believe those small drops will be over soon :)

For me, I am not expecting any particular price or so. And this keeps me in sense. Because so far, since the unstable market we most times don't know what might come our way, so I advice you guys to learn to expect nothing and never be disappointed.

Yeah, It will take more time before bitcoin make a new ath but I still believe it can happen this year. The market are being stable for a week now and I see more people are now coming in with a great trading volume. Though we can see some weak trade today, I still believe that bitcoin can go higher this month.

As at now the price has slumped a bit but that is a positive sign of better things to come pretty shortly.We just need to hang on tight as the markets recovers back to the ATH

I'm all sold out. About buying BTC think a little higher 10890.
If prices go down, then the picture can get a sad outcome. Bulls can lose the battle for 10,000. At this point, it's better to be out of the market. Money is more important.

$13k right now is one crazy huge resistance and we may be hovering around that spot for a while but anything that makes us break it, then I am sure the market is ready for new runs. However, breaking the $12k upward will show us leaving the downtrend channel and that would be at least good for a total reversal confirmation as well, but with the way we have been holding on with a lot of support, I really want to believe this market is ready and right now we seem to be breaking out from the bullish flag being formed by the $10400 - $11k region.

Market to ath again will surely occur. Yes at this time we have to wait and hold onto our bitcoin the time to have patience because success will attain this few months come. I am certain market is will in ath again.

Now BTC price is at almost $11K (10941). Last 10 days growth has been so firm increasing gradually in green. Hope this trend continues and we see last December's atmosphere very soon. The experts thought on btc price by the end of 2018 is $20K plus. This green signal should bring more investors into it.

I think that we are practically the same every day. Each of us chose this state of affairs and decided to keep Bitcoin, Because there is no other way out.

The market is very bullish right now, with healthy pull backs at every btc target. It’s only a matter of time till fomo kicks in the ath is reached .

We may bow be above 10,000$ again but it does not say that we are now on a up trend, right now Bitcoin can go either way and watching the market closely is your only way of protecting your capital. A lot of people are still shorting it as we have seen yesterday when Bitcoin go down from 11,200$ to 10,100$ in just 1 day. Bitcoin needs to break 12,000$ to show it is on a uptrend but the worst thing about it is if it fails to break then we might see Bitcoin below 10,000$ again. I would recommend that you be alert on the market as going for another dip can still happen.

I see the market now showing signs of a significant increase because some time ago I saw the price at 9k and now reached 12k a good rise, and I think it will reach 20k in some time to come.

Maybe you can let us know which of the previous price you are talking about. The previous low or the previous ATH ?
I am not here to argue with you anyway, I am only here to tell you that no one can know what can happen, but if we are only to base our judgment on what is happening with the charts, then I see this as a very good move up and some strong bullish signs, but all those really do not mean anything as we still have to follow the market to know where it leads us.

Right! There is always a downtrend correction and what we can see now is the value of bitcoin going to test the upper downtrend line and with the lots of bullish sign it has given, I would not be surprised if it ends up doing that. However, the breaking of that line is one thing no one can say now, and only until we can do that before we can actually say whether the market has switched to an uptrend or not. Let's see how long this correction lasts before we know where we are headed.

Very slow and good. I love those words. The market these days is trying to act more like the usual stock market and that has been making me a little bit curious for some days now. That is by the way though, the market is showing a high level of strength in its movement and if we can keep seeing this, then I want to believe this is the market we all want and with some progress coming on bitcoin's development to channel us into the mainstream, then it should even be better.

It may, it may not, but the most important thing is leaving the downtrend channel and for the long term holders, it is still a good chance for them to buy because bitcoin will still always come back stronger anyway.  There has been huge chances to buy in for a while now and anyone who has not been taking those chances are either not ready or they are just busy sleeping. $30k is possible, it looks reasonable, but I guess we still have a lot of time to know.

Market needs huge trading volume again to reach a new all time high. With this volume it is not possible to trade at that levels. Check the trading volume of December and January, We need more volume then they. Till then it would be slow and boring sideways which most of the people hate.

Interesting topic. Market still sideways, let’s wait 2-3weeks or next month what will happen i think itcoin has good news coming this month so be prepare for that one. Research is inportant for nnow so keep reading studay and update infos about market checking charts is good also.

It's hard to predict the condition from the market now. Maybe we can see in 3 months how the condition from the market. If the market going up slowly of course we hope if we can hit $18k easier than end of 2017

12k is my expected price if bitcoin could successfully overcome the psychological barrier of 10,000, stablises and 12k should be pretty much very possible, if not another 6 would drain all the market together with alts all get back few months ago. These weeks are indicating some sort of movement already moving out 10 and 9k.