Bitcoin Forum

Critical week for Bitcoin..Different Crypto are succeeding trading against Bitcoin, while most are failing. Expecting much this week

Thinking of the likely trend....

I also read a couple of articles about current bitcoin resistance level. What most of them say is current resistance if bitcoin can brake then it can go high or it will again go back to 10K level. But this may not be completely true so just wait and see. I believe now on bitcoin should go slowly higher not lower.

I would agree to the idea of rising slowly, but wait,,sometimes it just goes boom, up or low...i think investors are keen on the wave and quickly swing with it..l

yeah base also of some good news about bitcoin nowadays .  Which is they say that there's a chance of bitcoin price to spike on this month. And maybe on this moment bitcoin will start to climb 'cause as we see the price is increasing gradually, So perhaps it will not fall and IMO maybe 15k value is not possible to reach .

Expect 15K?

Very hard for bitcoin to make 15k and goes upper have tons of people who a ready to sell bitcoins for 12-13k and 14-15k itt will be very hard way to earn this wall and eat 15k and rise up 17 :( Hope everything will be fine with bitcoin and we will take this and will go to new highs !

I also read some articles about it.seems Critical week for Bitcoin. I expect almost $16k+. what do you think? but in Bitcoin, there is no perfect prediction.

We have to remember about the pick of the last all time high. There where a lot of people buying at 19K...
This will work as a quite effective e-brake or ballast. For sure most of them did not sell, they still waiting to get even.
Whenever those where private investors or some unknown cliques of big traders, quite significant amount of bitcoins are frozen till a good opportunity for a return comes along. I wouldn't be so overoptimistic right now (although I would like to be).

expect everything about the other crypto but I think they wont stand up against the value of bitcoin. maybe right now they will invest on those crypto but I'm sure that they will lately invest in bitcoin when its value rapidly increase

It should go slowly higher rather than quicker moves but mostly will go to opposite direction very fast too.
Moves slowly give us higher guarantee that the price will be better even not 100% guarantee.

Critical resistance is $2K. It looks like that we are just a few hundred dollars and then let see how it goes. I will like to get it at a slow phase. I don't want to see that kind of process that we witnessed during December madness.

So anything can still happen, it we did not go pass $12K then there will be a lot of dumping because investors will lose confidence again.


$16K? I don't think so.  I suggest you don't expect too much so that you will not be disappointed if ever we didn't get there. I'm very bullish, however, I don't see bitcoin breaking $15K-$16K this week. More likely $12K is the likely barrier that we need to overcome.

Bitcoin can break that resistance in the right time for now lets just believe on it but if its not don’t expect bitcoin to back on $6k level again, it may fall short but surely it will bounce back stronger and break any resistance we will see this in the coming months, just enjoy while waiting for it.

I wouldn't be so alarmist as to call it a "critical week".  I think it'll be just another week with bears/bulls doing their thing.

If we want to see 12k, it depends on whether new money enters the market and helps the price break through that 12k level, but as of now (though, it's only monday), i don't see that money in the bitcoin ecosystem. In fact, if you look at the charts you'll see that new money is going to altcoins (they've been going up since yesterday), although there are no surprises here as the altcoin market cap has been falling over the last 7 days so it was a matter of time before they saw a spike in the price. If we don't break through 12k and we go back to 10k levels, it wouldn't be that big of a drop in the price (around 5-8% maybe).

Overall, we might see some good trading opportunities this week as altcoins will most likely keep going up, but other than that, I don't expect much this week.

Noone can predict the consequence of the ending of Chenese New year. Keep ours fingers crossed.

I would not say critical week.
I believe that the price will soon or late do down at the "tulip" base at $1000 - $2000
Except if it will take very much time to smooth the effect of "tulip graph".
The longer it will last...the higher will be the "base" of the tulip.
Perhaps we will see a tulip graph with a double top at $20000

Bitcoin price is pumping slowly thats why other coins are losing their value in terms of bitcoin but maintaining there value in USD which is normal in crypto. Money always flow between coins.

Bitcoin price is around new support level of around $11k so when it will be broken we might get dumped but if it will hold for next few days we can expect a good pump.

Have seen complete growth of this month or not buddy? I see that you mean bitcoin is not touched bigger market today I see bitcoin this grows like stepping up. So When compare with the other crypto currencies bitcoin price rise is a steady growth not a sudden bump this time.

I Expect end of this week we may find the bitcoin to be reached around 15k USD. If you are holding fund on bitcoin please do that for long time. Do not sell it out soon.

You did not complete your analysis. You said this is (critical week for bitcoin) without really said your view about what is about to happen this week.  I was expecting a very serious technical and fundamental connection that will puff way to and upwards prices movement or vice versa. Hope to get more other people view about this topic you have started.

it seems reasonable that I am also called competition in cryptocurrency which want to destroy the price of bitcoin but I think the business will fail because we know the condition of bitcoin only affected from the supply cycle so semakkin supply thinning then the price will be more expensive.

It won’t surprise me to see Bitcoins share of the overall cryptocurrency market cap continue to drop. Investors seem to keep buying altcoins. I think there is interest in newer, faster coins/tokens that have a specific purpose or function. Scalability issues and high fees with Bitcoin are going to make it easier for some of the major altcoins to take part of that market share.

The Wall Street Journal reported this week that the U.S. Securities and Exchange Commission (SEC) has launched a formal probe into the cryptocurrency market, with a special focus on initial coin offerings (ICOs). The report, which cited unnamed sources, said the regulator has issued dozens of subpoenas and requests for information from companies and individuals involved in the cryptocurrency market.

I don't know why people believing Wall street Journal. As tou can see the entir market is full of manipulation. According to my source bitcoin price would be $15,000 worth.

I do even expect even way more higher but before that we should really break those strong resistance on some price ranges.This is indeed a critical week for bitcoin as being said above either it would break out that resistance or not.Price would react either would go higher or going to correctional or pullback on 10k. No matter which way it would go as long we can able to trade up wisely then making out money is really plausible. Long term investors and traders do have different perspective depending on a short span of time.

And your source is a lot accurate than wall street journal? LOL  :D
anyone can make speculation but at the end of the day no one can really make an exact prediction of bitcoin's price which makes everything on crypto market is possible.

I have seen more critical than this i would say, but this time also is a critical situation for bitcoin. Expect that the price would either rise or fall but it is a good chance if it will go slowly but surely. I would not expect much but the as time is running the chances are 50% for both success and failure.

I guess No !. because today's rise is a real rise (not manipulation) some countries have supported the development of bitcoin even they have legalized it as the German government did recently and i make sure that similar actions will be followed by other countries.

what you say is true, currently the rise in bitcoin prices is real not a manipulation, indeed some countries today have much to that legalize the existence of bitcoin, so I also really hope this will be followed by other countries.

It is about nothing but trend in many times because there is no news about many altcoins but they perform better compared to bitcoin, I attribute that to higher potential of altcoins against btc.

You can see that the price of bitcoin in the past week is continuously increasing and if the end of the week bitcoin continues to hold up the momentum will end the cycle downtrend and bitocin price will be able to continue to increase in the long term. At the current time the market is very exciting when bitocin prices have been able to surpass the $ 8500 level and continue to increase momentum. I believe this is a very good signal for you to invest in bitcoin at this time.

It is going up finally because of some good news , a notable event from the world of finance is that the Stuttgart Stock Exchange, the second largest in Germany, set to launch a cryptocurrency trading app with bitcoin, ether, ripple and litecoin support. If this project is successfully implemented, it will be the first crypto app in the world from a traditional stock exchange.

wow if this is right, believe me good days are coming soon. Because every time when prices get down, the only reason behind this was some news from different countries taking out their hands from crypto currencies and thus people being panicked sell out their investments. But right now, if this good news is right, this must be promoted through internet and prices must be jumping out.

It will pass away, you are too afraid or doesn't understand market works?. Bitcoin stronger than you think and there's no critical, it's just down trend. Most people doesn't like down trend, it will make them lost coin value but down trend also a good situation to recovery asset. Learn again about market history and don't forget about risk knowledge.

I think it will be a quiet week. There are companies that will be opened to the stock exchange on April 26. this week is really critical in terms of navigation. but I max. I guess it's 9k.

sometimes people just think and assess bitcoin from the negative side only, even rarely people who think bitcoin with positive things, maybe good news like that is what is needed for people to buy and invest their money on bitcoin, sometimes people hear negative news about bitcoin that is not necessarily true, and they have no conviction to believe that bitcoin will grow again, in the end they panicked and did the wrong thing by selling their bitcoin even though they lost.

In my opinion till the June BTC price will be grow, and after, till the October-November - correction. I think, we will see in the end of this year price >20K.

While Bitcoin has been recovering at a steady pace, many of its competitors have already been seen growing at a much faster rate. Not ruling out the distant possibility of Bitcoin being overrun by the likes of ETH/XRP but for now it seems like the entire cryptocurrency market is steadying up for a bullish next few weeks.

I also believe the same. Bitcoin soared up in these months in the last year and so far, it has been showing the same behavior. It is increasing in this month and would keep on gaining some value till July. Then again, it would suffer from a dip which will test the patience of its holders. Bitcoin was unpredictable in the starting days but now people have observed it closely.

Yes the condition is so very stable and makes us comfortable in making investments. All I know is that when bitcoin prices are on a positive track then other altcoin prices will follow. This will continue to happen because usually bitcoin becomes a benchmark. Altcoin prices have now begun to rise and I am optimistic that if this can be unstable it will not be impossible that the price of all cryptocurrencies will continue to increase.

Something makes me think  it is all up to whales. When they think it is time to rise - then it rises, when they think it is time to fall - the market goes down. This makes every week critical for me.

Just a number out of a thumb I'd say. Why not $55000?

Hope statistical history will prevail and bitcoins will grow by that month since there are so many stress happened last month and all of us are hoping to see some trust boosting. So maybe for now its best for us to baghold and monitor the growth to determine on when to sell so by this we may gain more money and will not left behind for another next year huge dump came.

I totally agree with you, Bitcoin is now slowing down but maybe next month Bitcoin will rise again.

yesterday I remember still $ 7900, but now it has become $ 6900, and many say that this is a game of whale. It is unfortunate !

It's a sign for the next bull run. Bitcoin testing its support line first before try to breakout

of course bitcoin will always climb after the dip because there are still some interested buyers in the market nowadays after the dip. Which maybe they're waiting for the bottom price before to buy.  So just relax 'cause it will never go dip even the growth now is gradually decreasing again ,'cause to be honest that's how the market plays nowadays which is after the ATH, the price will collapse back the bottom then after weeks bitcoin will bounce again after it gained enough strength. So lets put more patience on it instead of worrying and panicking.

BTC Price lost another 1000$ in 24 hrs. RSI looks Oversold. I.e Below 30. In my opinion, strong support stands at 6500$. Bounce Back Expected from 6500$ till 6950$. Hodlers keep hodling and traders do your thing. Remember we are here for the Technology. It's like the Early time of INTERNET. I still believe we will see 1.2 Trillion Market cap by the end of 2018. Stay foolish, don't get caught. ;D

What's going on with BTC? Is it the end of our dreams or what? Will it recover one day? I don't know what to think.

I think so but you have to keep in mind there are said to be forces at play against crypto. That means there will be bumbs along the way. The blockchain insures that it will never die. The growth comes in many forms. One important one's are new populations gaining access. Especially 3rd world and developing nations. They need a currency they can rely on. Even there leaders are becoming more open to this technology for the betterment of their country. So I believe it's only a mater of time. How much time, I can't tell you. I wouldn't mortgage the house on it if I were you. Not investment advice just my thoughts.

I think that the critical week for the entire market we can see right now. I have not seen such a decline for a long time. But I think that this is just the beginning before the big pump.

For the investor, to relax and wait for changes with Bitcoin, thereby freezing his capital, this is not acceptable.
As far as I know, from the articles of experts, Bitcoin's cost price is now at 6K, so the cost is less than 7K is quite real.

You can see that Bitcoin prices have been fluctuating and fluctuating in recent days, but today bitcoin prices have fallen sharply and at the moment there is a bitcoin price at $ 6100. According to my analysis, if the $ 6000 level is broken, the next support level will be $ 4000. Therefore, if bitcoin price can pass this stage, I believe bitcoin price will recover very strongly.

Don't worry it always happen that is no different from the usual status of bitcoin in fact bitcoin don't have a definite status until your join or acknowledge some of the value in it or get to know what was the current price when you first joined and compare it to your trades and your future choices. If it's a hell hell week then sit tight and watch then don't touch your money until it stables down.

It is normal since Bitcoin is near to its biggest support line. I know some of you expect if to run up since June 6 but I know that someday now it is going to start going up again.

Bitcoin prices are continuously decreasing sharply over the past week, you can see that the market is constantly fluctuating and difficult to kick, bitcoin prices are constantly adjusting and falling sharply, there is a bitocin price point to 6100 $. According to my analysis, the bitcoin price will probably reach $ 6000 in the coming days and you can completely wait until then to buy bitcoin.

Unexpectedly down price of bitcoin this monday hope not going down more, I think another FUD going around for bitcoin just keep hold for now it just temporary. 

Here in Cryptocurrency world there's no such perfect predictions exists because we all know first and foremost that cryptocurrencies is a very unpredictable thing. It may seems that the last 5 month's of this year is a critical month's and weeks of cryptocurrencies and bitcoin but it'll just happen wmand all we do I guess is to wait the time of crypto to pump again.

It has been critical with bitcoin since the drop from last November. People are waiting for its recovery but its mid year already and bitcoin still has not increased at least to a $10k mark this month.

The bad news comes to a rush. Sharks are selling Bitcoin, prices fall sharply. Bitcoin may need more time to recover. :'( :'(

Lol bitcoin had never recovered from its original drop from power level 20k USD to 10k USD. It was rallying around 7k for sometime and this drop is expected after the FUD about bitcoin started in some forums for being stagnant.

I mean when do we see a time when no FUD is spread? If bitcoin rises people call it a bubble. If bitcoin drops people call it a scam and now when bitcoin was stagnant they call it an addiction and ponzi and all other BS.

We are sick and tired of people making up conspiracy theories but then that is how crypto is.

I don't know what is happened to bitcoin it price day by day down now trade is very difficult for new trader hope this month bitcoin again rise

We just need to focus on what we are aiming don't look back, don't think that the value of bitcoin now is the end, it is not yet the end guys so why we need to ruin our day thinking what is happening, just stay calm continue to do what you are doing and keep spreading bitcoin all over the world.

I think now this time is bad for trader because bitcoin price is down day by day this is critical time for crypto so now hope that this month bitcoin price increasing

Expect those things to come out yet people do have different perceptions into things when it comes to any situation where i do really agree with you that im quite sick and tired on what they do call on Bitcoin. No matter which side or situation it do sits in, pump,dump or stationary but still people do have calls on it.If they dont like Bitcoin on the very first place because of volatile price then they should not involve themselves on crypto.

This week I saw bitcoin has big price fluctuations. And I think this is going to decide whether the bitcoin price will go up or down. This will be an important week to decide this in the near future.

I think this is a critical magazine for bitcoin because it drops very far but within a month the bitcoin price will return to normal, that's according to my analysis from looking at the previous market.

Why do you think this is a critical week for bitcoin? Maybe this is just the beginning of the fall down, and bitcoin will drop even lower. Asians are very nervously and restlessly experiencing different ejections in the news and this affects the price of bitcoin, because the very weight fraction of the cryptomir is in Asia.

Really critical week for Bitcoin as its value kept on decreasing on a daily basis of which that factors responsible for this downward trend are enormous ranging from FUD, Government policy against Bitcoin and panic sellers activities are all contributory factors. But i believe is a good time to buy Bitcoin.

it's true, when bitcoin starts to throw I see a lot of altcoons also come down and only a few of them are able to survive or even fight. in this decline I prefer to hold and be patient.

There's so much accusations and FUDs on bitcoin. From the start of 2018 the price has rallied from 7 to 15K. Everybody's waiting for a bull. People tend to panic because of the unpredictable price.

You can see that bitcoin prices have been falling sharply over the past week and now are showing signs of recovery. According to my analysis, this recovery is only in the short term and bitcoin prices can continue to fall deeply at any time. The market is down in the long-term so the price of bitcoin is very easy to understand.

It is a good time to invest in bitcoin but I doubt if people still have the money for it since many have loss so much profit from the dump since January. Bitcoin is having a hard time recovering and I think that this will continue if bad news and fake news continues to roam around. 

Honestly,  there were only small fluctuations on bitcoin price so I suggest learning how to observe the market right.  Every week is an important week because every change matters here. 

A lot of FUDS but don't have any proof and just really want to build commotion in the community. These days or rather this year will be the trying times for cryptos especially for bitcoin because of what bitcoin gained from the past years. Many are envy and wanted to buy in cheap price and make a good profit afterwards so they'll do anything to bring down the market.

I agree Bitcoin will break the resistance in time. People just need to be patient with Bitcoin.  Right now we need to see where the price is going. It seems that Bitcoin is going to test the $6,000 support level. If Bitcoin reaches the $6,000 area then if I were you start adding Bitcoin on your wallet because there is a good chance that it will bounce up.

There are just conspirracy thoeries and paid news. None of them are proven and none of them have been experimentally been proven to be true. On the other hand I have seen people saying stuff like Bitcoin is never going up again but then right after a few days price rises again. Thus you should not believe in such man-made-fake news.

People tend to panic because they dont have the intrinsic belief in bitcoin and its future. They are only looking for the easy money and not willing to keep their emotions under control.

It is good for experience traders because volatility continue in bitcoin price and a good trader can make huge profits from its trading. Long term holders are not happy with the price because of the regular fall in the price. For me it is the best time for investment in bitcoin because the price is already very low and hopes that it will not drop anymore. So great chance for making money from bitcoin.

There are chances that the market value of bitcoin might remain the same or even get lower in the future but this should let our emotions come over and that you must stay in your proper senses to make the right choice. The moment you will lose your control over your emotions, you will then end up making a huge loss of money for which you will regret for the whole of your life.

it is very crisis to see the history of the peak of bitcoin prices so great until now it is declining and plunging very much many speculate various causes whether it is what matters I hope the price will get better.

Yes it will be difficult for you, trading in bitcoin is not just merely trading. Many factors that make the price will decrease or the price will rise, and this should be known by a trader. I am sure if you are a trader who has knowledge of cryptocurrency will not say 'trade is very difficult for' and 'I do not know what is happened to bitcoin it price day by day down' learn more about trading that's the first thing you should do best.

Long term holders often sell coins but say that they are holding coins. This is done to generate FUD and tension in the market so people start buying their dumped coins. Those who keep on saying "Hodl" are possibly the ones panic selling.

It is not a great time to invest. Proper price to buy would be a around the 6.5k USD mark and not the current price.

Seriously your shitposters need to get a life and a job outside the forum.

There is no chance for bitcoin to reach to $10000 this month. Almost half month has gone and the price still below $7000. I don’t think that it will raise $3000 in the next half month. It is very critical time for bitcoin and for its investors. Hope in the future it will rise again and will give its investors huge profits against their investment. Just wait for little more.

many traders have been thrown overboard since the beginning of this year. therefore, we expect growth at the end of the year. surely all the same traders will return again)

There was a recent hack in a crypto exchange and millions has been stolen we should be expecting a downtrend right now but for traders this is a good chance to buy more and then hold till the next price surge. The reason why btc is having trouble going up is because countries regulating it and facebook, google banning crypto advertisement.

Many traders are holding off their balances before the bull run starts late this year. We are expecting a similar bull run like last year and when that happens everybody is going to sell. Thus there will not be much of a growth in price. Rather a balance between the buy and sell will keep the market rallying near about 10k USD in my expectations.

Maybe one of the reasons for the drop and then resistance.

Crypto does not give a shit about those organisations.

Hopefully. Some traders lost so much that they don't want to have anything to do with crypro anymore. It may take time before they'd want to return and that could probably be when bitcoin is already past revovering.