Bitcoin Forum

My last call was correct!

I believe so. Rinse and repeat! 50 percent of BTC volume is Japanese. They will SELL hard on Monday and sit on the fence and when the market is in rack and ruins buy Bitcoin Cash: Opinion only but this is based on JAPANESE market sentiment!

Why are they going to sell it Monday? What is the reason they want to discard BTC? I am also confused why they will move to BCH?

Bitcoin Cash is becoming more popular in Japan: Thai is a fact of life!

There are big BTC dumps going on at the moment in Asia. During the day you can see BTC drop 200 USD in 20 minutes

If this really happen then it's a good time to invest on bitcoin after it become downtrend and make a huge profit when it pumps up again. usually the downtrend will not take too long to rise again.

Why not? That is only 4% under current price. BTC can go up or down 10% a day easily.


2-3% of Bitcoin volume is in YEN. open the coinmarketcap and check yourself https://coinmarketcap.com/currencies/bitcoin/#markets

When I observe bitcoin price I usually monitors three countries USA, Japan and Korea, because any bad news could technically move the bitcoin price at a little big steps like up to 5-10% in just a day. As these markets has always the large volumes.

This doesn't make any sense. If Bitcoin Cash is becoming more popular in Japan, why they would sell on Monday specifically? Well, to answer the question, I believe BTC will go below $8k before June 1st, unless there's a positive come to the market before.

Well reasoned prediction  ;D Why Japanese will sell so hard and exactly on Monday? Any arguments? Do you read tea leaves?

This maybe true but I don't think that many people in Japan are going to dump BTC all at once just to swap over to BCH. Either way, it very well could go below 8k. Those kind of swings are nothing in this world of crypto. It's what makes it so tantalizing.

Your prediction is not significant, because it will either stay above $8000 or go lower, you don't predict something complicated. If you trust yourself so much in prediction, predict the price for the end of 2018.

Don’t make an argument if you don’t have any supporting documents regarding on your statement. If the OP can provide the reason about the Japanese solding their bitcoin at exact day on monday. If this is tru, I’m glad waiting at the bottom.

Another baseless post, looks like the thread starter is just a paid fudder to promote bitcoin cash and defame bitcoin but do remember that such posts have nothing to do with the market and is useless to post without any solid reasoning, as far as the price of btc is concerned it can go under $8k but it is not going to be a disaster, soon bitcoin is going to breakout of this downward triangle and then there will be only one direction and that is up, so cheers.

I think nothing is impossible, all is possible. especially in the world of crypto, can happen to follow the existing trends and issue issues that occur that affect the crypto.

yes, no sense. Because bitcoin twins are totally scammy, especially bitcoin cash. They predict that because they want to let it pump and dump soon and That’s normal for bitcoin cash.

I didn't make any big pronouncements. Why I need to have supporting facts? OP is just another guy that made a shot in the dark. Will see soon

It can even go to $6000, and jump to $10000 in few days because for this market, it is not an new or interesting way of increase of decrease, it has been always in this way.

You must be dreaming, because now the price of Bitcoin is above $8500. I don't think the price will go below $8000. Consensus  was suppose to drive the price of the market up but it doesn't have effect on the market. I think post consensus is going to be good for the whole market

Japanese are movers of bitcoin price because of the large volume they hold . Their new interest in bitcoin cash will make bitcoins low, for most are selling their bitcoins for bitcoin cash, since their interest in bitcoin has diminish.

But until now the price of Bitcoin still survive and stable.
if the future of Bitcoin price will decrease, will Bitcoin cash price rise !?

So, just to sum things up. BTC price is more then 8k and OP is another one tea leaves reader. What was to be proven.

My prediction was a few days late: Below 8K NOW In Asian Time Morning!

Its already sub $8k now and i think it is will be the bottom no more down after this week. This week we will see green again untill first of june and wi will see bitcoin break $10k at the end of june. This is not financial advice its just my prediction. I still believe btc can create new all time high again somtimes this year or at 2021

Bitcoin action at present is very exciting I think, Which way do we think we will go now? I am betting up

I think the positive sentiment around bitcoin now will see it test 8k within a week from now

it is very interesting that in the Asian market everything goes quite actively and Bitcoin can raise its price on the basis of New demand trends in the crypto currency market.

Two more hours and your prediction might be possible Bitocin is sitting at 7,717 on worldcoinindex.com and is forming an upward trend. Il be keeping my eye on this coin by tonight. But i am very curious where you get this speculation and yet you mention is a JAPANESE way? any links that we you can share?

wow,  I will like to read an article concerning the 50% Btc volume being from the Japanese,  by the way everyone is hoping bitcoin surpass $8,000 soon we are tired of this bear market, although it's likely the bull comes up in August!!!!