Bitcoin Forum

I have waited too long. WHICH bitcoin still can not pump strongly.
One comment: Bitcoin may reach $ 9,000 and $ 5,300 this month.
But this is just technical analysis. I do not think this market is so gloomy.
Because of the ambition of many people, hope is still there. They can let the market become overwhelmed! I will not give up.
And I think you guys will be like me, holding on to bitcoin.
Thank you!

Bitcoin back $ 5,300? A negative analysis!

Recently, many are concerned about the situation in the market,but you need to believe in bitcoin and its future.The cryptocurrency will find its way in society.

I played bitcoin from 2010 until now. The fall of bitcoin prices never made me give up and go away from bitcoin world.

Bitcoin of price down that again decrease could. However this is not be called,the price will not reduced.100$ of the price of 1000$ be that. The high level price increase when plenty sell bought the bitcoin.

Technical Analysis : Biggest failure of all time in the crypto sphere. It never works. No theory can really define the progress of the crypto market.

Reasons: Crypto currencies keep changing their ultimate fate with the surrounding sphere. There could be different news, updates and decisions that may change the course of bitcoin up rising and down movements.

HODL works all the time, because with the time there comes a time point where the market at least starts moving up.

I also think like you:
Technical analysis is outdated.

The market has many different types of coin, investors can choose coin that has the potential we always hope that the best happens in the future and do not be ambitious. we should only hope

So now is your time to invest more? or wait!

That $5,300 is impossible to happen I tell you. I'm an expert analyst when it comes to cryptocurrency market and I know that this July, Bitcoin would pump to $10,000
Quote this comment and remember me when I'm right.

What if it will happen? We cannot predict its future prices because people are selling off their bitcoins. Technical Analysis may work in some ways but I think F.A will more likely work. Can you give us your insights? I am sure the we will learn from you.

I like this idea. I'm cheering for bitcoin.

Totally, i also believe in Hodl. Most of technically analysis gone wrong in this market, People need to stop following this analysis , and buy as much when market is down. keep your coins in safe place & sell market is going up. Because market is always going Up!

Hmm so the technical analysis you saw tells us that btc will reach $9k if it pumps and $5.3k if it drops, honestly I don't think it will not happen because +3k within half a month was so ideal for me knowing the fact that btc is not in a good condition these days (it has no momentum of soaring high). On the other hand, I don't think it will have -900 also maybe it will just reach $6.2k by the end of the month if the situation gets even worse. (Just my own opinion)

No need to be very technical on every analysis. Sometimes gut feel is enough. Like you, I’m holding, despite presssure from friends to sell. Panicking at this time is not advisable.

although bitcoin keeps going down do not give up sticking to bitcoin believe someday bitcoin will return to $ 10,000 nothing is impossible

Would you mind to share your TA here? How did you come to that conclusion?

Based on my prediction, $5300 is far more likely. I don't see how you don't see thr market as gloomy when we already fall so many times by now. I'm not giving up either, this is the perfect moment for accumulating but I don't think it's the bottom either. It's likely we're gonna see $5000 or $4000 again, the bottom should be at those range IMO.

Bitcoin is always king, and I believe that. It may be down but $ 5,300 is not possible.

Yes, have faith and patience in your investment. No one can foresee what will happen in the next few months. But perhaps while waiting, you can also work to diversify your portfolio so you can have other options. That can ensure a more secure plan, as well as more room for success.

more newly investors in crypto currency like in bitcoin are has a ambition to get in in the near future, and thats ambition are getting more weak when they saw bitcoin decreasing everyday, meaning the flow of dip every day may can get/grab newly investors to make panic and instead of holding their bitcoin, they will simply rush selling it just to cut loses. and that's the one reasons why markets are getting more reds not just bitcoin but all crypto currency.

this is normal scene that we can see in crypto (if you are not a newbie) you know what I mean.
so instead of getting panic on what you can see in the markets, just have a fait in your holding coins/tokens mostly to those who holding bitcoin, it will pump soon and I have more faith on it, that sooner or later, bitcoin will raise again and regrets will exist to those who fell in the dip.

Same here mate im jusk keep holding, we have differrent analysis and targets so we just stick to it,we have to be focus in our own, relying others analysis leads only to losses,just dont give up lets all hope for best of bitcoin im sure everything will be fine.

ambition does not solve the problem, in the business world it is reasonable let alone the price of this degenerate, we just relaxed let the decisive time

Of course who says that the market is gloomy? Those people who thought that its demise of bitcoin are very wrong. Remember, we started 2017 at $700 and at the current price, its still very good and holding after so much FUD and negative attacks coming from different sectors. This is just another bump that we need to hurdle and we have been in this kind of situation before and bitcoin passed it with flying colors. So there's no need to be pessimistic but instead channel your emotions to be positive and hope that that bear market will soon be over.

Recently, many are concerned about the situation in the market,but you need to believe in bitcoin and its future.The cryptocurrency will find its way in society.

I agree with your opinion. Bitcoin will never be able to drop $ 5300 this year. The cost of bitcoin extraction is huge, so operators will never sell bitcoin for less than $ 6,000.

I am never afraid to see prices fall. Every time the price drops I continue to invest. My point is that prices are currently very low. So this is the opportunity to invest and make a profit in the future

Many has the ambitions and hope for the market to pump this year. We cannot deny the situations are difficult these days with the previous and upto present no good moves happen. I also hopes for the best in crypto and not giving up of holding.

all the things you are mentioning such as "ambition" and "hope" and all the rest are just nonsense that people make up for themselves to feel better. at the end of the day it is all about supply and demand. the emotions may come into play in short term for a little while but not the long term.

There will be a big chances and possibility that bitcoin  will be performed better again and make a better movements in the market. Buying in the dip season and then  holding are better things to do at this period of time and it may give a good result in the future. I'm pretty sure that one of this days there will be a surprising value will appears that may cause and brings a  lot of benefits for us. Don't lose hope because for sure there will be a successful investments awaited to us.

All things considered the market of digital currency is experiencing a predicament now daily. A large portion of coins are confronting diminishing value incline. There can be numerous reasons however the financial specialists of bitcoin require not to stress as the cost of bitcoin will rise soon. It is normal that price of the bitcoin will ascend toward the finish of the year.

Technical analysis doesnt work all the time. I would suggest to hold your coin when the price is low and sell it when it is high rather than depend on technical analysis because if technical analysis does not work than you have to take the burden.

Technical analysis is just a tool which people use, which is based on the past behaviour of asset prices. Your logic would work very well if people knew whether a particular price is a 'high' or a 'low'. When the price reached $7000 last month, would you have concluded that it is a high or a low? If you had concluded that it was a low, your MTM would be negative now.

Indeed, analysis always be a reference for us and not an assurance to initiate a final conclusion. When we seem to have a good price, it doesn't mean we're already aiming that high because the crash might happen at anytime. Just what had happened lately with the price which was lower that $7000, which could possibly be dipping down if traders will become hopeless and no ambitions for the future. Market will always be bearish as I've observed, so in order to prevent that stop your day trades and choose long term trading options.

The market is not in the best position now, but many people believe in bitcoin and predict a very good future and great prospects for it. I'm counting on that too.

The price of bitcoin is fluctuates on both sides this month.Their is some raise in the price of bitcoin,with this some steady fall in bitcoin price is occur.The value of bitcoin crossed 6130$ and expected to raise 6500$ in a short intervals .Hold your bitcoin and carefully get into bitcoin price often .Then we can sell at high price.

I don't care what price is possible now or in the future, I am just holding my bitcoin, it can be $3000, $5000 or $10000 it can be any price but I am just holding and really don't care about which one will come true.

It is necessary to look at the previous year, statistics do not lie, after such a fall, there must be a rapid growth. Which I believe and many people too.

You have to be more patient at this moment.
It has reached $5,800 so basically 5,300 can also be possible but let's have more focused in the higher places that can be more encouraging.
Bitcoin market isn't gloomy.
Strong belief by many that bitcoin is the future and this is why the market is still kicking and just appreciate the bigger market cap than the rest.
Good.

Who knows the future ?? some predict bitcoin price dump may continue to 2000 $ if 5800 candle dumped today , waiting is good at current stage .

I agree with the author of this thread that it would still be best to hodl your btc momentarily while we need to wait for the.market to fully recovered and just hoping it will no longer go below the $6k level. I believe that most of the people are still doing the same thing simply by just waiting for the right time. Definitely btc will be back on the up trend mode within the coming months.

If you think $5300 is impossible with something like Bitcoin, I think you're in the wrong market. I hope you're not going hard on leveraged longs or something like that.

Comments are just comments. It is different from analysis, critical thinking is being used in analysis
But yeah i agree with the writer. Let us just keep our hopes and hold on until bitcoin booms again
Wrong notion of newbies or some people when investing bitcoin is instant money and that is definitely wrong, in more ways than one
Investment? Instant money? Lol even in investing stock market you have to be patient enough
So keep holding on peeps :)

I'm with you OP, I will not give up also because I believe that Bitcoin or cryptocurrency will kick off next few years. Holding is much better that selling in loss which is really really bad idea for me. I started in cryptocurrency last year and I am very confident that cryptocurrency has future. Maybe there are just some ups and downs for now.

It is very difficult to follow predictions and analyses at this time. I think that patience and ambition are the qualities that build our hope and confidence to continue investing in Bitcoin. Because personally the believe that Bitcoin is good for long term investment is the motive that gives me hope. So I'll continue to hold on to that believe.

The market is not as favourable as we all want it now but I believe that this is not permanent. The current drop is just a preparation towards a higher rise before the year ends. The time to buy is now.

Because a lot of people waiting for this and whales are watching us.
The whales will pump when people are losing hope and sell their bitcoin in cheap price.
So, just hodl to make the whales tired  ;D

bitcoin is not something you can expect as a pump and dump tool, if you wish that way, then it's better to just gamble, this is not a place of investing and earning money fast, not like that way in crypto. it seems you understand cryptocurrency in the wrong way

Market will always be bearish as I've observed, so in order to prevent that stop your day trades and choose long term trading options. believing for the bright future of cryptocurrency and not just focus on the current situation but looking forward on the future. Market downfall is just temporary

Yes i agree, our ambition will lead us to go on the top. We want to prove what bitcoin could bring us to. We don't need to feel and think hopeless if market is in downfall. We need to motivate our mind for the future.

Definitely right, no matter how long of it's downtrend period for sure bitcoin and it's system find it's own way to escape in the difficult situation and trying to perform better again in the next few days of it's existence. If we wanted to reach our dreams in life we need to continuing supporting and patronizing it so in return it will be much successful in the future.

Bitcoin is like a roller coaster and is unlikely to expect that bitcoin values can be stable unless people want to use bitcoin as a means of payment and not as an investment tool. And the fall of bitcoin at the moment, not for the first time. But I'm sure bitcoin can still survive in the digital world.

I salute to your stands for bitcoin ambition gives an better lives by investment in new digital currency as we shoild knows as far as I'm c oncern bitcoin in this is difficult to predict when its come become expensive in the market cap. And ofcourse people still hodling their bitcoin investment because they understand bitcoin as volatile currency and the risk to invest if didn't knows the rules how to how to earn profits herein cryptocurrency.

Bitcoin is just like any other investment, it got it's high time and it got also a deep dive, What makes bitcoin different is that it is the future of economy. Many is not seeing it now but give it a think this is where we will be lead in future, fiat money will not be a big deal and investment will be in technology and digital currency. Having this in my mind I have trust that bitcoin will have high times again and will be a big part of economic growth. Crypto currency is the future of money I believe.

Just keep your positive thoughts about bitcoin mate, i'm with you at all times. I'm also a believer of bitcoins ability and i don't lose hope with it, despite of what's happening on its market today i always think positive about it like what you do.

Did you analyzed very well and that you mean bitcoin will drop drastically? Yeah, where there are pessimists, there are optimists as well. sorry if I do not agree with yo despite bitcoins price at 5900$ today. I still see bitcoin to be at high price when the good time comes.

there is more market will be develop soon the crypto currency need to spread out around the world not just bitcoin is in the internet we need to realize to the people bitcoin can help us we need to wake up to reality bitcoin has a ambitions to help us to not forsake to people who waste their money if you deposit you money in the bitcoin you just wait until you have income and also it just a bank if you want to hide it or widraw it.