Bitcoin Forum

After some time we are seeing some good and positeve movement in price for bitcoin and crypto in general. Is this good or bad? Are bulls back in game or they just manipulate price. Or we have fresh money that is coming into bitcoin and that has given the market a nice pump back into the USD 7400 price level.

Or we will have some other factor into this this like timing, or better yet, buying/selling at the right time. Or we will have to make correct prediction in price and we can have good profit.

Believe this is just the beginning, on this I mean that there will be opportunities to make some small purchases, here and there, in the hopes price will continue to raise past the USD 20k level.

What is your opinion on this?

I believe this rise may be the one we are looking for.  There is too much good new on major corporations and governments accepting and using blockchain technology.  Bitcoin is #1 so its going to rise under these conditions.  I don't think they will be able to hold the market cap down like this for much longer. 

I'm very skeptical about this year.My humble opinion is Bitcoin won't exceed 12k$ this year as the crash this year have known spread a lot of negativity. (Anyone that see the charts and see that the price drop from 20k$ to 6k$ in few months won't jump in).This negativity has to be forgotten to build investor's trust again,which will take sometime before we see this happening.

You may be right cuz many predict that price could be roughly around 12-13k. My estimate it could come to over 10k and o stay there a while. It could mean that many will follow and might come with bigger investment in bitcoin and whit this we could see some bigger movement for price in good way.

Seriously I believe that the bull run has resume and we would do ourself good if we invest now.  Bitcoin is on the part of making another high price in months to come and crossing $7500 is a sign that the short time bearish market is over!

I see that some factors such as new money added to the market or timing is not essential and will not affect the price significantly.
If you consider that what happened is a big hike, the best guess is the recovery due to some good news from ETF.
For my vision, what happens is a natural rise due to an extended period of stability. If there is no support form some good news, we will see corrections soon.

This is an excellent price increase in a relatively short time, we can see that the price will drop significantly and pump better back to the $ 7,700 price, that's a possible profit in a few weeks the price will go up. be great before the end of the year.
Do not hesitate to invest from now if long-term holder then there is nothing to worry about which is clear next year will be very good.

If you want to buy bitcoin and want to make a profit, do not just hope, but look for info and learn the right way to benefit from the sale of bitcoin.

ohh yeah.I'm really Dolo was waiting for this, I do not suppose that he will grow strongly and beat their records.I am very skeptical about this year in the cryptocurrency planets.But still its growth can not but rejoice

As of now price of BTC is ranging at line of 6 to 7.5k USD, it can say as inadequate cause it was too far from its price last year, but since bitcoin fall into market there short improvement that occur, to be honest I don't sight that BTC will tackle 20k USD in the end of the year rather it will range to 10-15k USD, Investors expect also this phenomena that's why trust of BTC process reduced, but its not bad at all cause BTC still manage to be top on the list currency, and stand still to have a continues reputation around the globe. Its good to say too that most currency and altcoins are rely to BTC value and that show how BTC manage to be strongest. 

Yes, Bitcoin price is increasing slowly but  surely. As many people say it will hit $ 10,000 and then hover around it and will start to fall down again temporarily. Then Altcoin will start to climb the ladder. get ready for the show. 

While good moves only touched bitcoin. The rest of the currencies did not grow behind him. This, in turn, makes us think about the reasons for the growth of bitcoin.

if bitcoin prices are ready to fly to $ 20K maybe now I have to owe to the bank or to friends and neighbors to buy bitcoin,
but I hope the bitcoin price will fly to $ 20K by 2020 and for the daily price forecast of bitcoin may be quite difficult to guess.

Looks like it, earlier Bitcoin touched $8,000 and went down right after. I'm starting to feel that this will continue for a month or two but I don't think that this is enough to see another surge because those who lost money when it hit $20k surely won't go back after such experience and those who are still holding won't buy more.  

Alts are more volatile than Bitcoin if they didn't show any growth today it can easily change tomorrow.

Yes finally bitcoin reached $8000 by today and it is a great news for all the bitcoin holders and also this is great time to enter into the market because it looks like the bull run has started so we might see some serious price increase in the upcoming days.I think bitcoin will cross $10K in a week or so.

I'm still unsure if prices would skyrocket this year , maybe in the following years.

Why are you skeptic about this year? don't be skeptic about this year, it's still better than last year.
It's okay if there's negativity that has been spread through the entire year. That's normal if bitcoin crashed half quarter of this year but what's important today is we are seeing it today hitting nearly $8,000.
Can you imagine the quick rise due to ETF approval?

I think this is a good sign of the market. Bitcoin will remain a good investment destination for investors as the stock market plunges in many parts of Asia and Europe. I still have a strong belief that the Bitcoin market will recover like 2017.

On the global chart, we are still in a downward trend. Nothing prevents the bitcoin from touching 61.8% Fibo of the correction in the 8400 $ area, it may even go to the 9000 $ area. The stronger will show growth without significant corrections bitcoin, the stronger the downward movement will work.

Day by day Bitcoin is raise in the market. But today everyone expect it will reach 8k USD it is good sign for future possibilities. So many investors are interested to participate in Bitcoin investment and all the peoples are said it will reach USD in next month. This is the right time to invest in Bitcoin so we should buy this will make big profit.

Always remember that Bitcoin is always on roller coaster due to its features, it is totally decentralized so everyone is participating in it price calculation. So always have some sort of jumping ride of bitcoin. however from now onward, we gonna see real movement toward 25K price target for this year

I am sure, will bull run again. starting from September, I'm sure of that. Look at last year, when prices rose to the month at the end of the year, investing now is very good.

Good to see bitcoin beyond on $8k level again, this is a nice ride with bitcoin and happy that I trust this market during a dump market. Bitcoin is a strong coin over the years, and I believe bitcoin will start its journey making a new all time high price, join the trend now.

Really good to see that honestly after some series of downtrend for a while now. However, this to me still seem mote like a short term uptrend and the possibility of seeing us failing at some resistance and going way back down is still there. It would be a good thing though to see us go test the $10k spot which would be some pretty huge one to break but at least it would be worth a try. Only if we are able to break that upward are we going to see the idea of a proper long term uptrend.

As of now there is improvement for btc price after a couple of weeks maybe it its the sign to hit the btc again like last year.

Or maybe it is a bulls trap for us but anything can happen no maybe soon it hit or it will down again.

10k is almost clear since the market is stable on having a good price day by day it is not impossible that the 10k mark price will be hit this month and I guess that the price is starting to raise again since quarter 3 has started and that is the time that the market will be having a good value for many coins like last year.

Yes it is very happy to see the good movement in price of bitcoin after a long time. The rise of bitcoin happens daily many people have now hope with bitcoin. Due to that people are ready to invest in bitcoin. If this price pumps happens daily then bitcoin will have massive growth by the end of this year. Bitcoin has a very bright future so the price pumps will be higher than now.

Bitcoin is already crossed the $8000 point. So we can wait for it to reach $10000 next. It is just a matter of time I think when bitcoin will goes so high. It is time to buy in my opinion.

I don't think it'll reach 20k, I think we're gonna need something more than this to reach the last ATH. The reason why we reached that mark last year was because of the hype around Bitcoin, the dumb money that kept pumping the market, etc, etc, I don't see that right now. What we're seeing now is just a recovery, perhaps if there's enough momentum during the upward movement in the upcoming months and FOMO kicks in plus hype/excitement increases around the general public, then maybe we can test the 5-figure levels close to 20k...but going past that mark? very unlikely, imo.

For me its happiest movement as bitcoin as broken all the records since past two months and have surged above the prices of 8K USD. I guess we are official into the bull run, no more traps and bears but just the official bull run. This means that there is going to be very strong support by bitcoin to any resistance that may arise up front. People have started to realise that the situation is kind of similar to the past year and we may see some good surprises up front. Bitcoin is about to break all the barriers and who knows we might start seeing ATH of this year. Its good for our portfolio, hope everyone is ready to take huge profits.  ;)

Thats funny but its the truth. Many times people go FOMO and thus out of that fear they start to buy bitcoin all the time and until they see rise in the BTC. There huge % of such people who think that they missed the bitcoin and thus buy at whatever price bitcoin has gained little stability. With more rise in value they think they made right decision and sometimes go for more purchases. I guess its good thing really, as it will keep pushing the market ahead. With the current spikes I guess bitcoin has made it clear that its not gonna stop so soon. Who knows, we will too see bitcoin crossing the value of 10K USD.

Its so but need to wait for a day and see if the $8k is maintained. At times its like a bubble and disappoints everyone. But hope this is back on track and is a good sign to move forward. Last few days have been so green and should continue following 10k touch soon. American government and coinbase would be another reason  behind current growth in bitcoin. We do see growth un altcoins as well. So its a healthy moment for sure.

I don't see how this can be bad for the market since we've all been waiting for this for quite some time now. At this point, any positive movement will be good for a battered market, especially btc

We are always transfixed against the movement of bitcoin price in the past because, in fact, it will always have differences in every rise and fall of prices. I remember, when the bitcoin price declines from January a lot of people in this forum say bitcoin prices will grow in February, then February comes to pass, everybody says bitcoin prices will rise in March and rush, as it looks at the history of bitcoin prices on last year.

However, what happened to this day?

Investing now and investing later and whenever it is the same if you already know bitcoin and cryptocurrency.

Indeed i was so delight for the current situations because i did several trade for short term for bitcoin since few days ago and all of the results is profit because the market were green for almost a week and might be this is movement what us looking for but i still aware for corrections price which possible happened after uptrend

You are right mate, it is possible to have a correction after this uptrend and there's a lot of rumors regarding that matter. They say that by next month market having a little correction at it will back in the month of November or December, but all of these are only speculations we don't know what is the exact possible happen. So, if you think that your profit was there then cut it and save into your bank account.

Bitcoin appears to be on solo run. It has been the only crypto having a great increase in price while others still remain where they are. But what could be responsible for this? I expect others to start rising almost at the same pace.

You could say that Bitcoin is good, Bitcoin has reached $ 8k more than a good achievement in some very fast, there may be more new funds to buy Bitcoin because market confidence is increasing, I think Bitcoin can reach $ 10k for next month because the market turmoil is now very crowded because Bitcoin is not too monotonous as last month with cheap prices, very enthusiastic in the increase now is very good for profit hunters.

Step by step Bitcoin is bring up in the market. Be that as it may, today everybody expect it will reach 8k USD it is great sign for future conceivable outcomes. Such a significant number of speculators are intrigued to take part in Bitcoin venture and every one of the people groups are said it will achieve USD in one month from now. This is the correct time to put resources into Bitcoin so we should purchase this will make huge benefit.

My hunch is telling me that this is just a trap for most traders and this is not yet the right time for a bull run of Bitcoin. We still have five more months before the end of the year and the bull run may occur within that months. I wouldn't expect more from this bull run now because it might goes down within a week or two and the worst part is, it might go below $5k.

I do hope that the herds are finally coming together and thinking of a bull run. We all know that the bears has taken over the market so its about time that we see the bulls reclaiming. And recently, the bulls are very active as the price is really soaring and earnings as much as 10% daily. Its a good indication that we are heading for the 5 digits again very soon and all our hope comes alive again that its possible to have a new all-time-highs. So let's see how it pans out.

Seems like that, today bitcoin cross the line of $8000 finally and it seems like moving are continuously because while I am working in my office, Bictoin goes $235 up. And this is not the end it is only the beginning.

For me the real pump will come in coming months, nowadays it will be just a slowly pump which will give us some possibilities to earn and hope for the future but the end of this year could be wonderful.

I believe that this rise is similar to the rise back in April-May where the prices had a spike and went high than suddenly all of them rekt and btc came below 6k, unless there will be positive new from the sec and eft.

As the bitcoin volatility is concern the time and price value of bircoin is always moving every time ,I think there is always a good movement of the price value of bitcoin in the coin market.

Maybe we are in the right move cuz price is going up. After some time maybe we will see some more smiles on our faces.

Actually we could really see nice movements but EFL postponed unfortunately. So you are right we need to wait for rising.

this is good move for bitcoin again we are seeing increasing market caps soon or later we can see more positive signs reaching previous all time highs

Set your cut loss price this time so if we heard negative news about about SEC and ETF you can exit the market and secured the profit. This is possible to happen, but I believe its time for a positive news now and I know August will be a great one for us :)

I think that the market is more than bullish again, the same pattern that happened a few months ago is being repeated and that is more than good for all of us now

The market price of bitcoins today is slowly increasing and it was a good news for every investors because it only means that cryptocurrency is really profitable if you invest and sell at the right time.

We have a beautiful rise in the values of Bitcoin since the advent of July and the month has been good so far and the prices are expected to rise even further so I do not think it is a bull trap because we have been moving way too slow so far and it is a pure market movement.

The stability and the inflow of funds due to stability is yet another factor that is pushing the prices up. It now looks very obvious that December might mark the boom in the crypto market.

It depends on the choice and capital. If you have big money for investment then bitcoin is the best choice because the price of bitcoin is increasing with the passage of time and you can make big profits in short time. You can also invest in Altcoin especially in Ethereum and Ripple because these are the second and third biggest coins in the world.

If we look at the current market value of the bitcoin, then we will get to know that it has crossed 8k $ and that it will keep on increasing in a very similar fashion. There is no such thing which can stop bitcoin from growing and that bitcoin will keep on helping the people in having better earning and that it will make them rich. Those who trust bitcoin will be the happiest persons in future.

Are we ? Are you happy that bitcoin is over $8k after seeing $5.8k ?
Because if you are happy about it than its a good movement in price for bitcoin. It is a really weird way to put that as a question instead of a statement.

Moreover, we need to make sure we bottomed out and this needs to keep going, we all need to do our parts, try to not sell many bitcoins (aside from personal needs of course) and try to convince as many people as we can on investing and trying to get bitcoin into news of our countries as much as possible and in return we can actually have bitcoin getting hyped once again.

Well, look at the price of Bitcoin today compared to the price of Bitcoin yesterday, change happened when we entered August. Is this because we entered the ghost month that Chinese and other Asian countries observe in the month of August and may last until mid of September. Last year, Alts suffered a lot when ghost month started, it red all over as the Chinese and other Asians who observe this festival and stop making business deals or other business decisions.

I do not think any bitcoin price movements can predict we just need to dare to go in and buy bitcoin and make sure not to buy when the price is green.

Bitcoin is decreasing in value now but if you compare it from previous month the price is better. So I can say that there some good movement in bitcoin.

It's a healthy correction combined with a mild ETF rejection hangover. If you see the price go up from below $6000 to over $8000 in a short period of time, then know that some traders will secure profits.

Who doesn't want to secure a proper 30-40% increase? I'm not a short term trader, but if I was I would have gone for it. With the Vaneck ETF still in the game the price will rise again.

I just hope that the SEC won't yet again delay their decision. I rather see them reject it right away so the market can get rid of the ETF speculation that's baked in the price currently.

True this is something that will be with this month. Maybe with some small spike here and there but this is it for now (unless someone invest huge amount). However this may be good point in maybe bu something not necessary bitcoin but some other alt that might come but next month or in next several months. Market is tricky and beside knowledge you need skill too. These two work together after all. 

It's starting to be a bit too hyped up for me and for that reason the price might not even react that much in case the ETF comes through. The market has always done the opposite of what people believe in, and if they with such a majority think the price will moon, we may be up for a massive surprise dump afterwards. During the consensus event there was quite some speculation too, and the price tanked from nearly $10,000 to $5800 which was a complete surprise for people. The ETF speculation is even worse than that, so prepare for worse in case the price starts tanking. How long can $6000 hold if we keep testing it? It's not a good sign....

The price is moving because there are very high expectations about what it may happen in the next days with the SEC, so this growth in the price comes mostly from speculators but the bulls could come back to the market if the outcome of the decision of the SEC was positive but if that does not happen then the bears will attack again.

I prefer Ripple because the price is low and the market cap in very high. Ripple is under one dollar and there is huge potencail for growth. You can buy big quantity and if the price raises little bit, you will earn huge profits. With huge investment you can buy bitcoin because it is doubtless and will give you big profits in the near future and you can also use it throughout the world.

LOL dont you think that when price of a coin increase them marketcap will be higher?   Price of single coin have no importance. There is gazillion of XRP.  And they have zero use.

The best thing to do is make your self more knowledgeable about the market by conducting your own research, market is tricky but with good information you have, you can determine what will happen in the next month in the market.