Bitcoin Forum

​​🚨BTC UPDATE!🚨

Conclusion: If BTC will hold 5900$ support, we can expect nice bounced back soon,
also RSI is very oversold so it can happened every moment,
from second way, if too many people start
opening long positions with leverage, whales may push BTC down again so that the stock exchanges do not lose large amounts of money. I do not expecting more decrease than 5000-5400$ zone which is strong support for BTC. Do not lose your patience! I’m pretty sure that good days will come for crypto.
 it many times but i will do that again, we are here on long term, not for short.

Lets just hope that this conclusion of yours will going happen as i think people are now in confused if they see Bitcoin now as an opportunity to buy cheap or they will not join the investments because afraid of losing their hard earned money due to the average low performance of the Crypto market this year. Therefore lets just wait and see of what will going to happen before this year would end.

I hope that with the current BTC update, BTC will soon restore the price to return to stable because many people are losing their money and profits for investing in BTC or doing trading so I am looking forward to the BTC update which is now hopefully quickly returned to the price which is stable and can benefit again, especially now the crypto market has a low value

Well, this kind of conclusion is kinda hopeful, and I am hoping. I don't hold that much of Bitcoin, but I think, it will pump soon enough, or at least before the year end just like last year, then correction. Haha. I do hope for every altcoin, also.

Yes I agree with you to not loss our patience. Patience is the main key in cryptoworld. Without overcoming the bad situation none can get the opportunity to shine in life. Crypto is like that too. Lets just always hope for the best.

I trust that with the current BTC refresh, BTC will before long reestablish the cost to come back to stable in light of the fact that numerous individuals are losing their cash and benefits for putting resources into BTC or doing exchanging. But soon bitcoin will have high price and investors will have profits on this.

Well, I think the price will fall down upto $5500. But after that there will be a change in the market. And I believe after that the market price will start to rise up and it will recover within the end of this year.

sort long term with this resistance is already good enough, people who encourage should always think like you.
I do not have much to help encourage, just help be patient waiting for the time to arrive

I personally think that better to go lower, for example, 5000-5200 because the bounce back to 7-8k will be faster. Right now a lot of money are adding in crypto in the background, this means that we are on pause, waiting for the big show in some midterm future. It should be a bigger bounce that this winter.

i honestly don't see any strong support for bitcoin for a very long time and that actually is why price is not going any lower because the real money has mostly gone away and when that happens the whales don't have anyone to sell their coins to (dump to crash) and they have nobody to buy cheap coins from so they have no more incentive to manipulate and dump. if they do they will be fighting with each other and won't make the same profit as when newbies are in.

Yes, I agree the $5k for a BTC support is a very hard one and I don't think it will ever fall under that value.

There always will be big players that will keep BTC's price high and protect their investments.

this is the meaning of an investment, where people must dare to survive for a long period of time to hold the results. for me the decline in bitcoin in the stock exchange does not affect the value of bitcoin, because when compared with the previous year price of about $ 2000 and currently about $ 6000 bitcoin still has a high value and is a good investment for the long term

but to me, I think to a lower price, it is $ 4k. Then, it will return to $ 7k or higher. I may be wrong, but the current signs of the market show that.

Judging by the past year, bitcoin has grown 20 times. Do you think this is a long period or not? I think that in the near future we will be very pleased with bitcoin.

Bitcoin saw some small support under 6000 US DOLLAR, but the support is not very big and I expect that it will go down a little bit more in the next couple of weeks. I am bullish for this years, but I think the pumps will start in October or November again. December was always a good pump phase for coins. I hope it will be like the last years! <3

Yes, everyone wants to see the BTC rise again, and this is what everyone believes. This year's bull market has not yet arrived. We cannot predict when the bull market will begin. We only need to firm our judgment now and wait.

I think $4000 is too low $5K to $6K maybe and it will rise to $7K to $8K or more than that. We know that bitcoin are had a huge potential in the future, no matter what happen, bitcoin is always be the great coin in the world of crypto currency.

patience is still the key for every stronghand, the price will not recover soon, but it will someday. peoples getting fomo in the beginning 0f 2018 and try to invest more, but whale see it as food and they make the price going down gradually and many peoples lost their hopes and panic so selling without benefit is the only way rather than loss everything. no one know and no one can predict, this is cryptocurrency.

It's so nice to read an article like this we should not give up hope that the price will soon go up and we will have a long run of bull trend, I'm still optimistic that the price will not go down to that level anymore, and people will rally to buy at the $6000 level which is happening right now.

Maybe your analysis might fall into a right place but it seems we can't predict the bear period when to stop, but if it happens then the crypto community will alive again, it's been so long that we are longing for the bull to run again, hope it will happen very soon.

Never lose hope for something we know that it will gonna bounce back but unsure when? Yes, RSI and other indicators said it was already oversold. But then, whales are there to control over it. And in different time frame, lowest time frame to highest time frame are not conniving though. Hope, it will recover soon.

I think the market will recover in July. Recently there is good news. I also hope more and more people are interested in cryptocurrency.

yes your right, we are all investors for a long term and not only for a short time. i dont mind what ever bitcoin price now, because i set a goal for almost 2-3 years to gain any profits or loses, i prepared for that. i only invested that i can afford to lose. but not too much expected to lose but to earn, i have more faith in bitcoin thats why in still holding mine and ignore the dip that happening every moment.

I quite believe that this piece of information about the crypto market condition is necessary to raise our hope this time around where the bitcoin and altcoins market is in the dip. Keep doing this to erase panic in the community and keep our hope shining because I know the market will bounced back soon. The BTC price bounced back after moving below $6000, I think that was a major correction.

I think the strong support now is at $6K. And I don't think that it can go down that level again. But the problem I'm seeing is that there's no strong buy support either so I speculate that the price will go hovering around $6K-$6200 for long before we can see another progress. The investors faith are not there, that's why what we see is always a bull trap when everyone thought that we are recovering. Day traders are doing their thing by selling whenever they have the chance to make a profit.

this is the doctrine of an asset, where general public ought to defy to live on emblematizing a extensive latitude of time to hold the results

Your theory is quite interesting. I also think that you do not have to lose patience. It seems to me that the market will soon begin to grow, but I can not say which mark will drop the bitcoin price before the market starts to grow again.

I don't know if this information is accurate. I mean all this while people have being talking about how bitcoin will not go below 6k but it ended up going into the 5k margin which just goes to show that no matter how much that we try, there is no way that we can ever tell what is going to happen to the price of bitcoin or any other coin for that matter.

looking forward for rising of bitcoin again, i trust if december 2018 price of bitcoin going up and be batter than price today. keep and hold your bitcoin and be patience for good and the best time.

I also think so and believe that bitcoin is unlikely to break through the level of $ 6,000. For several days, bitcoin has been trading near this price level, which seems to indicate a possible price rebound.

A very large mass of people are at a loss, but personally I believe that soon the crypto market will rise to its feet this year!

 Everyone has its own analysis and prediction on what to become in the market. always remember that Market is Volatile, anything can happen at any given time on Bitcoin, it always dependent on the volume of investment put in by either whales or other investors. The market movement can not be predicted even by experts, they can only give some analysis as if it his prediction. the bear month is not yet over but watch out what next....Bitcoin able to survived the beating after beating..and it remains stable at present status in the market...Yes, Be Patient.....