Bitcoin Forum

Hello friend, do you think BTC is on Short term up trend? It break the price 6k5$ and go up to 7k$ so easy. I think shark is control the price to make us confuse.
On this situation I think the price can go up highest is 7k5$.
What do you think?

No bro, I think 7k$ is highest and now it comeback down again and the price I want to buy BTC is 5k4$

Yes I think it will go up and then it will down last time before go up trend at the end of year

This is good news for short term investors by buying and selling. Looking back on the Bitcoin price will return as last year may be a bit difficult because it has no signs of breakthrough. We need intelligence when the market changes.

in my opinion maybe yes. bitcoin is currently not too far up. we can see the current price stability for short-term trading

Yes, bitcoin is rising in the short term. I think it does not stop at $ 7k, I guess it goes up more than $ 7k and then drops later this year.

Thank you for your opinion :) I think that BTC will go up at the end of this year

Do you have any idea for trade this time?

Its hard to say if its long term or short term. But by the looks of it, based on my opinion, i think this one is short term. Coz taking a look back the previous month, the rise and fall has been rampant. The resistance for the 7,000 has been broken but there has not been enpugh volume to sustain this and move forward to a higher target.

I do not think what is happening now is similar to what happened a month ago, as the price rose because of hopes for ETF and then returned to $ 6,000.
The price has moved slowly for several days from $ 6,400 to $ 7000 with corrections in that period, so it is unlikely that the rise will be temporary but rather be creating a new stability point.
Also, the rallies are slow in the sense that it is not a rush by investors but a healthy growth.

let we see if the upward trend of bitcoin prices can break resistance area, if it can break that, then the up trend will continue

I think the rally is about to commence and we are looking at $8-10k by the end of the year. One thing that i noticed was that despite the bear that took control most of the year the support at $6k was not broken rather it was a bounce and trend upwards again. So i am of strong opinion that bitcoin will continue to inch up till we hit the year's new high between $8K5 to $10k.

It looks like this will be the beginning of a BTC rise again, and I think this 7k will be stable or will Rise until the end of the year, For some reason I believe that by the end of this year BTC will go up. My predictions BTC will be up to $ 9k by the end of the year. Hopefully.

Bitcoin get the $7,000 so easy?who told you that?bitcoin stays in $6,000 for how many months and even go down to $5,000 now you telling us that easy?lol

Here we go again in price controlling or price manipulation,don't you het tired of that issue?market is moving because of investors and those who trust the cryptocurrency making this price moves up and down ,thats the reality so move on,grow up guys

It has been really difficult to predict the status quo of bitcoin regarding its value. It will rise today then few days time, it begins to drop. This makes predicting whether btc rise is a short term or not. Personally, I see that if btc is able to attain the value of $7k qithin few weeks without falling below 7k, that will be a cardinal sign of btc bull run.

reaching $7k was not at all easy. it took at least a couple of days of  consistent rise and before that there was about a month of staying near the bottom and accumulating with slow rise. and lets not forget that it was a small rise if you look at the percentage of the rise!

but i think that this rise is going to last a while at least until near the end of next month, we may even see $9k and get close to $10k again until the ETF news comes out.

I think it is not short uptrend, it will last till next year minimum, and I think bitcoin will try to test $20000 one more time. Hopefully, it will be a successful test.

I do not think that we are on a long time ride until the news about ETF settles down. The price has moved steadily since a month after a consistent low from $5,600 . Now price is at $7,075 but it doesn't cross my mind that we are going to have too much rush, I expect a more stalling market .

A very suspicious and familiar thing if you ask me. When I see pumps like this which are unhealthy, I automatically assume that it is the result of market manipulation and possibly, a bull trap.

If we consider that today bitcoin broke 7000$ very quickly and continues to grow it seems to me until the end of the week the price can reach 8000$

I think that bitcoin is going to rise on short term up trend because if there is a fall in the market prices after some time it will recover soon
so may be it possible that btc is on short term trend.

I am very optimistic that bitcoin will reach $7.5K within the weak and most likely will continue to further grow perhaps until the $8K mark. I believe that we should not be too much complacent about the slight bullish trend since we really don't know if fluctuation might recur within the given time.

The truth is that the industry is volatile, highly unpredictable, that's why I am a fan of long time holding, short time or long time, Bitcoin has a bright future, but why kill yourself because the price nosedive, market might be bad today but it will flourish tmao

Bitcoin is already showing signs of growth. However, we are not yet certain because its doesn't look stable at all. We need to wait for the next couple of days to see if this growth is sustainable and not just a artificial pump. The next target mark is $7300, so its going to be interesting if we could breach that then transition growth can be seen specially we are not approaching September which may likely start a bullish trend leading up to the end of the year.

Its bit hard to say short term trend !! as a whole entire crypto market had a drop recently and there is a increasing trend developing !!!! I believe it will continue to grow !!

Simply a short squeeze. All those shorters are buying back their positions before losing out any further.

I think this is a consolidation period, and we won't see huge price increase in terms of BTC. I have seen people who are doing TA suggesting that BTC price will go down to around $3K and then jump back passing $20K. If this would happen that would be awesome, but I am not sure what the time scale is, that is how long will it take for it to happen.

Hope this is true, it will be good for short term investors. I also believe that the value of BTC in a short time will be in that range.

It a 60/40% situation base on the fundamental prediction Bitcoin market usually surge when we about the cliche the Q4 of every each year while it dump in price when people are preparing for Christmas holiday till the next year which the reason why I said it a 60/40 situations.

Yes it looks like that and it also reached $7000 but later just fall beyond that hopefully this is just the small dump and the prices will move on in the upcoming days,if the trend continues for a month or more then the bitcoin will hit $10K soon.

I think it looks like a bull trap. Whales are trying to sell us expensive bitcoin now, I wouldn't buy for that price.

The market remains unpredictable. All we can do is hope it does progressively goes up.

But either the prices are going down or up, remember that every situation in the crypto market is an oppportunity, so never be dismayed.

Buy when the market is down and sell when it is doing well.  There really is no time frame as we witnessed in the past few months. All the expected start of the bull run never materialized so far. And mind you, most of the analytical bullish run predictions that failed till date are made by the bitcoin experts and advocates.

Therefore i am sure of one thing, whether the trend goes up or down, make sure to invest only what is extra from your financial budget.

It was very surprising to find a very short increase in a very short time, it could be a hoax like yesterday's incident where after pumping quickly and finally back down, there were many people who had disappeared in the short term at that time, I hope this incident is not exactly what happened yesterday, whatever happens I think to always use it to take short-term profits, always be careful in taking chances.

This is an advantage for short-term investors by buying and selling. facilitate them in generating profits. Looking back at the price of Bitcoin will return because last year may be a bit difficult because there are no signs of breakthrough. We need intelligence when the market changes.

As we could see that bitcoin price is rising only for a short term and soon it falls back to its previous price.Many expected a long term uptrend if bitcoin ETF gets accepted.But it seems not to happen now.

Yes I think it will go up and then it will down last time before go up trend at the end of year but we need to follow it up

I stopped trading short-term until the end of the year..Because the market will probably start to rise in the last quarter of the year..I would prefer to do hodl as much as possible during this time.

Yes, I hope that the exchange will be rise as soon as possible. Now I hold a variety of coin, the winter is coming and I need to take back my capital.

the rise is not starting now because people were expecting it from ETF. otherwise it would have already started. when most of the market starts expecting seething and then that thing doesn't happen and they react negatively that makes others also want to not-invest because of the risk the others are creating.
and it will continue being like this until ETF crap goes away.

Bitcoin on Friday recovered more than 3 percent from its intraday low near $6,800. So as you see, it is time for recovery. I hope that we will see it as soon as possible.

$7k may not necessarily be the highest as the market is still proving strong below $6500 support and probably we will be able to push as high as $7500 towards $8k which seems like the highest we can go to me in the short term anyway. Anything above that apparently changes the sentiment of the bitcoin market to a bullish one, so I guess in time, we will see how the table turns or not.