Bitcoin Forum

In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $.
I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover.
Please keep calm and be careful with the trap.

I disagree with that; seeing the technical analysis a clear uptrend is happening. The support zone around 6900$ has been tested for weeks now, and after this enormous pump a new zone has been formed around 7500$. If the support sustains for some days, even higher prices are possible again in the upcoming weeks.

Cryto is not same as the stock, the technical analysic only for reference. When the BTC down, alot of analysers said that the support bound was 12000 $, an can not went down through this point, they sure 100%, and the result as you see.... go down to ~6000 $.

Absolutely correct.

Though the past has shown that especially these patterns (testing support for weeks resulting in an explosive pump) usally are the beginning of a clear uptrend. Additionally, there have been a lot of positive developments regarding regulation & adoption lately.

...i think we don't have to mention in every sentence that this all still is pure speculation.  ::)

Today, on the coinmarketcap.com you can see  Bitcoin (34.91%)/24 Hour Volume Rankings (Currency). The  Binance is the No.1 exchange. Marketcap reach $323.451.409.995. I think the uptrend is going to win this time

I agree with you. A long time the downtrend was going. All investors didn't want that.

Hope so, but i still think this only the test of shark.
The fluctuation of BTC is very strange, it defeat all support bound.
I think BTC will go to 8200 and go down after that.

The market is controlled by whale, which can not be denied. Especially from the two days of market control, we feel that whale is strong. I don't think the market has really gone out of the bear market or has recovered. There are still some days to observe.

Yes maybe you are right. We should observe some days. I think this is the good news for all traders

Such sudden movements would really make questions on our mind yet the price had risen on a short span of time which we can somehow able to make up some words towards that. Bull trap or not we wont even know on where the trend would go but for sure there would always a reversal trend because market wont able to stay put only in a single way.

I think this is the real market issue now and not a bull trap.
This is the best thing for the holders now and just wait for a couple of months and i think we are into it.
we will gain the achievement that bitcoin earned before.

Thanks for your opinion. I think we have to observe for a long time. The market get the good signal. I hope the BTC can reach 9k this weekend.

Hardly long time I would say. The downtrend mostly occurred in a span of 3-4 weeks in early January and February. After that we have been consolidating and chopping sideways for the last 2 months or so. Until we can break outside the channel of 6-12k we still be consolidating. Will believe we are in a bull run when we are above 12k and not a penny before that.

Observed some day ago and saw the input source investment, I think the market go to real uptrend. The priece will increase step by step, not same as the end of 2017 when BTC dramatically increased from 10k to 20k in 2 weeks. Hope this guess becom true

vigilance is a good thing in trading krypto currency, we can analyze and make assumptions about what is happening in the market right now. I agree with you, we must remain calm and alert, careless is not a good solution in overcoming the current market situation.

There's a lot of fake news about the crypto currencies right now, and if you are not aware on this, you  gonna fall on their trap to withdraw or trade all your token in a low price, which is a no no decision. Good thing that you understand to be calm at all times. Hope that most of us know about this thing, simple but very effective specially in alternative coins section.

$ 8000 for one bitcoin, is much better than $ 6000 a couple of days ago. I think we are at the beginning of a new growth of the market, but we need to be careful and will not give in to the influence of panic or agiotage

Dear everyone,
At now, BTC is still low price! :(

Unpredictable movement of value is one of the main nature of cypto currency.
Well as  you see, the green days is real on this current time. You can see it clearly in this website ( https://coinmarketcap.com/ )
If you track the graph of bitcoin last year ( https://coinmarketcap.com/currencies/bitcoin/ ), second quarter of the year the bitcoin aim his value and start to go on top.
Some people notice this and I think that is more favorable to everyone of us.

Because the market went down for a long time until December 2017, the value of the coin is dramatically decrease 1/5. The good signal in some day ago maybe is the recovering signal, the market can go up, but i think the speed is very slow. But in the end of 2018, BTC price can reach 50k $.

Markets are unpredictable , be it sharks or whales, buy when it red and sell when its green. be awake!

Now it time to buy as the big boss BTC is down. you HODL and sell when big boss BTC is up again. you make more profits then

you are perfectly correct that the market is

We thought, that it is time for hold.
Keep holding, and we'll see, where is chart's going.

I concur with you and that will be a breakthrough for the HODLERs. so this is the right time to buy and HODL then SPEDN after rise of the might falling.

I agree with you

An issue open to interpretation. Everyone has different thoughts in this regard. I think the markets have gone uphill. it was a process. it may take a long time to return to old days but it is worth the wait.

yes the market is really uptrend and we can see the market is momentum up and downs it is no joke the patterns are real before taking position we need to recheck ourselves

I chord with you. A great allotment the downtrend was booming. All investors didn't demand that.

The bazaar is contained next to giant, which not be controverted. Especially from the cardinal generations of bazaar control, we belief that whale is strong.

The market change dramatically, and now the price of BTC is only 6000 $. I think this adjustment is still going on and BTC price can go down at 4000 $ and need more than (maybe in the end of 2018) to recover to 10000 $. Hope it recover soon

I think that everything that sharks do, very well-designed manipulations, no one jokes with big money. The market is always changing, bitcoin reaches 9800 then goes down to 6000 is a normal phenomenon, there's nothing to worry about.

Yes, Agree with you that the Markets are unpredictable. You can not use the analysic of stock to trading. Your opinion "buy when it red and sell when its green" is not totally correct, you need to find the support bound in the red market to decide the time to buy. Be carefully!!!

Well, at the moment it is clearly seen that the market is not going up, and is rapidly moving down. Here already half a year situacija does not change. When the market will come to life in my no one knows

Dear friend,
In many topics, a lot of members worry about crypto market go down, they ask when the market come back, when the market green again.....?
As i have said in those topics that the market will come back in the end of year. Market go uptrend as you say be a strong proof for my idea. But at now, the market doesn't go up strongly and quickly. BTC's price still low but don't worry. Let's wait!
Above only my idea and remind you that the market is still unpredictable.

If you are sick and tired of the volatility of crypto currency, invest on Status Security Token. Read the whitepaper here: https://ststoken.com/STS%20White%20Paper%202018.pdf

I agree, today's price is the manipulation of the market by large players. I hope by the end of this year we will again see the real cost of bitcoin

Now the market does not intend to grow because it is in a long consolidation which will end either in favor of bears or bulls  ::)

Now it is very dangerous to start actively trading in the crypto currency market. Most likely now there will be consolidation. We need to wait a little while the market is determined with direction and earn already on an upward trend.

Dear friend. Today we got a dump of the BTC price from 6k8 to 6k3. I don't know why. If you have any news please share for me. I always trust the market. I think the market will recover as soon as possible. Many thanks

I'm waitting for SEC's approval in some next day. If Blockchain will be approved, i think not only BTC but also all token in market will go up sharply.

I believe that soon bitcoin will start an uptrend and beat its own record, I think the price will rise slowly but surely, and by the end of the year the price will be above 20,000

The current market is still very volantile and BTC needs to hold the current level and push upwards. Otherwise we might see the lows again which I of course hope not to. Long term we will grow though with this great community we have.

The lower the drop rate of bitcoin, the higher it will rise.There will be the highest takeoff rate this year! Everyone's waiting! We are waiting for a mad growth rate!

This consolidation that lasts a very long time, sharks have lowered the market and now a new trend is starting to form  ;)

Everyone was waiting for the uptrend, I think it has already begun. I am sure that now the market is growing in anticipation of the approval of the SEC, which will take place on August 10.

There have already been so many theories and forecasts that have not come true. I think no one knows the answer to this question.

Here you and 7k, and even 8k, you think this is the end, I do not think that people who have been given money will be much and they will keep to the last.

There are many forecasts for today's market, only many have not predicted this.

I think the ascending market begins, but the speed is not great so far.

I think that this is not a market reversal and we will drop to $ 6,000 but now a small correction and growth !We just haven't shaved big,so I think in the near future will fly to the moon .

I agree with you that BTC will fly to the moon from this news .But for another cryptocurrency,I'm not sure,I think the investor does not want to risk much now, it is possible to be the top 10 on the coinmarket .

I think there is money you will
there are more benefits. That is of course, you need more power to control the market

For me it is just a case of some time and market will get a pump trend, it could for me even start in coming month or two, being patient will be finally rewared.

Lets wait for a short time (supposedly, around a half of a year) to clarify the tend. Current situation is kinda OK... In common view.

all we need to do now is wait, while the market is trying to grow again and get the trend back after sustained decline. therefore we have to be a little more patient.

The market is still not determined the specific trend but I noticed that the trading volume is increasing day by day so I believe the market will quickly recover in the coming time.

I do not think that. In my opinion the market is initially stable, but due to the psychology of investors are still scared, wait and see

I think the market is not really recovering, up slightly and then back down, bitcoin possible at $ 15,000 by the end of the year

the market value of Bitcoin is $140,074,160,553, now. the shark can't manipulate it anymore. they can only talk about jokes. i think that some big events can bring a real bull market. For example, some changes in government policies.

We need patience to wait for the right timing as the market has not yet fully recover from the downfall. Sooner we can see a real uptrend once we get the momentum to make a rally.

It's like a candle on coffee grounds. YES, the price can go up, and can again return to 6000. Everything depends on the guys with big money. As they want, there will go a cue ball. And we just have to watch and zahyvativat remnants of the pie.

I think it's starting at the end of the year and it looks like the price of cryptocurrency will increase and this is not a joke just hope this is the beginning of the price increase of cryptocurrency in the exchange.

An interesting situation turns out. All waiting for market growth at the end of may, but the market fell, everyone was waiting for then the growth of the market in June, but the market fell again, now everyone is waiting for the autumn growth, but for some reason forgot in August. I think that growth will be in August, because it is not expected)

now the trend towards growth. bitcoin shows growth and gaining domination, most likely, altcoyins will soon come up

I think the market conditions can go into the uptrend when the end of the year and when there is good news that can trigger the investors and the whales to buy bitcoin and I am sure if it happens the price in the market will experience an uptrend is very easy.

In the downward trend from the beginning of this year. Including the April price of bitcoin at ~ 9k8. Bitcoin has a complex and surprising movement. Oscillate with rapid frequency. and then the last 10 days. But I think the whale's dominance has not been determined yet. Because, when bitcoin growth is still the reason from ETFs, the moves of Malta or Brazil.
* In that cycle, we need to be wary of FUD.

Big players(shark) usually start the momentum, and then it develops on our shoulders with you. I think it's just one big jok, it is too unpredictable.

I'm a fan of my business, a fan of the crypto industry. I bought bitcoin for another $ 500, and then for a round sum bought alts, which for 2017 made an average of x40.