Bitcoin Forum

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

its the mining:market dynamics

when its cheaper to buy coin rather than mine it, people buy it. when its cheaper to mine it than buy it people mine it.
when prices get above a certain level and it becomes profitable to sell, people do that.

if a price exceeds this 'value' area and prices spike into speculation, expect it to correct back down into reasonable value area.
the only way to have sustained value increase is to have the costs of obtaining it sustainable. which for multiple years has been the hashrate. which while the whole sell off of s9's to be used on altcoins and the fresh purchases of s15(bing slow) to replace, and a upcoming(but not yet here) s17 range.. has not shown much hashrate rise to sustain and give the market higher bottomline support to encourage sustained growth

Well, I know about that part of the crypto market dynamics. But won't there be an opportunity to change quickly? Maybe bulls will be present in the near future? Hopefully this hope is answered by time. Thank you for the insight you gave ...

Just for your info that on 24th February (last week) the bitcoin price almost touched $4200, unfortunately, its only survive one day.

The market is evolving and price correction is happening, Bitcoin is still young and it would take some years before the full realization but I think the market condition has been affected through a lot of events like regulation, hard fork's, scammed projects and many more.

I think that indeed the market is not fully recovered. The good news started to pile up lately. Bitcoin (and Ethereum) indices listed at Nasdaq are a good sign imho that Bitcoin is getting the right attention.
Of course, the seasoned traders (if/when they come) will fill their bags without affecting the price much.

The expectations are high, the halving is starting to be visible at the horizon. But this doesn't mean that Bitcoin will rise. Or at least not "tomorrow". The big speculators are still strong (actually they seem to grow stronger every day). Even a big dump is always possible. Many keep telling that the bottom is not in yet.

So.. yeah, TL;DR: no bad news, but we simply don't know what's to happen next.

We hit that price on a not so easy trend so I think the pressure on top is really high and that is why bitcoin was not able to sustain that level. We will see another trend like this in the future as we continue to try the resistance level to be broken. If there’s another pump this month, we can see a more strong price volume with bitcoin and hopefully to go beyond that and sustain it.

What price is considered to be a recovery range? And more importantly, what is Bitcoin recovering from?
I have read numerous posts of how the last price spike was an anomaly and could not have been sustained by the current dynamics. Going by this, was the drop back not a recovery or correction of the value?

It is not difficult, since the level of $ 4k to $ 5k is easily achievable, the market needs to prove how the offer is in those levels, it can go back, but it is normal in this accumulation phase. We may be seeing this movement very soon, the important thing is to be prepared to react.

Imho it's more about a trend, not a price. And with the late rather "chaotic" changes of direction, we don't seem to have a healthy market.
What to recover from? This is a good question! I think that a good answer would be the almost continuous downtrend in the last 14 months.

I do agree with the point of a healthy market, being what we need right now. The market has been on a downward spiral since the peak of Q4 2017.
I am also considering if this might be a pattern; price spikes over a short period of time shortly followed by gardual drops.

Well, if there's monthly (hopefully) pump in the future I think it's not difficult to reach this level again and maybe with that way we can sustain the price.

I think yet it’s not time to time for bitcoin to rise above the 4000$ because somehow we are still not yet at the bottom level which is why so many traders , investors and institutional investors are yet to move huge funds into the market. A lot of people have learnt from the mistakes of last pump action and won’t want to experience such anymore. Now it’s time to caution oneself to avoid unexpected loses. When it’s time , Bitcoin will move past the 4000$ and won’t even come back there again.

Yes your observation are quite correct of late bitcoin has failed to surpass $4000 and even if it did at some point it could not maintain that level for too long I actually think that is the resistance

Part of the reasons is that 4000$ is a psychological barrier.It may take quite some effort to break it.Previous rallies went beyond this and dropped right below it just after they failed.Hopeful we will breake it mid March.

This means that the trend change will last longer than everyone else wanted. It may also mean that the bear market is not over yet and the price will continue to fall. I hope that at next rises $ 4k will be exceeded and the price will go much higher.

We have hit $4,000 few days ago and it's near to hit $4,200 IIRC.

Let's conclude that the market hasn't fully recovered base on it's price but if we're looking technically and fundamentally, a lot of good things are happening about bitcoin. The news? well it gives affection but I don't think that it fully depends on them. The market is now stand alone and is solely basing it's move to the demand, just don't listen to the bad news a.k.a FUD.

There seems to be a limit made by large investors, they apply that bitcoin when it reaches 4,000USD, the price will decline again. we should have abilities. we together give confidence in Bitcoin. we can all change the price of bitcoin. there are always many wonders and there are always beautiful dreams in the end.

People only set those certain range of "recovery" or "bottom price" that we might be wrong after all this time.
It is a very subjective matter so what we are doing right now is just to speculate.
We don't even know the real question to throw at people.
So this difficult rise is just one of those humps that bitcoin is experiencing at. Nothing special about it.

Its not that hard, but since manipulators want to have a short term profit then the market was alwast dump after hitting above $4k level. Don’t be in hurry, this is just a small price to achieve and I know bitcoin can do it again so relax and just monitor bitcoin price because rise is about to come again.

it's true that bitcoin is indeed still very difficult to go up at a price of $ 4000 and I think that's because the market hasn't fully recovered.

This is true mate people surprise that's amount bitcoin touch at 4000& so still have possible bitcoin will rise at this year so we need to stay calm hard to told when  is the rigt time for the next price increase. More more waiting and patience.

I think the market remains healthy as long as the price keeps on moving whether up or down, since traders gain profit from its volatile nature. Not only because the price is too low compared from last year or from the ATH, the market isnt healthy. We're experiencing bearish run, not an unhealthy market.

Part of the recovery phase after going down so much from the ATH is a long period of consolidation and pretty much sideways movement, so you can say that the market is actually recovering even though there are no sharp upward movements. Also, a few days ago we went past the 4k mark, though I believe it was blatant manipulation from whales pumping the price, still, we reached that mark.

Bad news? There are no bad news, at least not that I'm aware of.

The price of the Bitcoin in the cryptocurrency market is stable and not any sign to increase to more than $4,000. I think the trend of Bitcoin and cryptocurrency in 2019 disappear and now there are only the people who identify oneself with bitcointalk forum.

Don't speculate it, I know it's giving you a hard time because it's value today is very stable and not growing up. It will just depress you when everytime you're thinking about it.


All of the projects and platform that's created after the pump in 2017 will become a fail 'cause they didn't expect the dramatic drop in 2018. Don't lose hope in the projects this mid 2018 to 2019 'cause i think it will give us goosebumps. Just wait, btc is more way overrated than you think so a lot of people is trying to invest. There's a lot of projects and crypto related activities that's a scam so some of it are just losing hope.

We're not closing the gate yet, any possibilities for huge pumps will certainly to come.  We've reaching it in the past weeks but sadly it turns back into $3,800 few days after, I'm for sure people are expecting to be the start of the bull during that time but we missed it again.
There is nothing we can do for that, only we have to be patiently wait for another days to see Bitcoin price move again and bring crypto into bull runs cause it can't be made instantly.

There is one day that Bitcoin reached around $4100 but after a day of reaching above $4k mark, it goes down immediately by around $300-400.
I think there is somebody who is manipulating the price of it. Large investors maybe? I don't know but I know that we are in the wave 4 of the EWT and the price of it is above the 200 Weekly MA. Lets just wait for it to rise again.

I've never think there is market manipulations happen, any fluctuation came from market demand and it is quite to see that there is no such huge demand. Isn't that hypes which is used by some whales to move a certain coin, but the entire market were moving and definitely isn't the manipulated price index.

We have seen rapid price rally in the market during the last quarter of the year 2017. However, since it was the artificial effort of big whales and institutional investors, correction took place in the first quarter of the year 2018. I was expecting recovery after the second half of the year 2018 but somehow it is delayed but I am convinced that we won't see the much delay from this point and we can expect the price to move upwards with some volatile behaviour. This would be a nice opportunity for those who are willing to get involved with the momentum considering long term investment.

first of all going from $3200 to $4100 and then coming back to $3700 is NOT called "dramatically down" it is called correction instead.

secondly that is normal in any market. price needs time to get out of the bear mode and enter the bull mode. you can not expect it to suddenly start rising back up and shoot to the ATH. it happens slow at first with lots of corrections like that and then as the day traders are flushed out of the market the price starts rallying.

nothing about this is "hard". it only needs time.

At this instance it might be hard to cross the $4000 barrier, but the same will be crossed soon when the accumulation by the large volume holders get into the circulation. The growth that happens when price go above $4000 will take the price at least to $6000.

Actually the price of Bitcoin affects due to investments. When there will be more investments in the following crypto(bitcoin here) then there will be surely a raise in the price.
Moreover don't forget that Bitcoin once gave us all shock by rising up to 20k$ USD. So just tie up your seat belt and be ready, because the price is volatile and can any time rise up.

The price of $6000 USD is highly unlikely not possible in my opinion, after the downfall of the price and now 2 to 3 days have passed we still have a less volatile movement that we are experiencing right now and I doubt that we can that certain price the end of this year, But there is a possibility that we can make the $4000 USD next month or  the end of March I say if the volume of the holders increase which is happening right now there is a possible increase in the price, But a sudden increase of $5000 to $6000 is not possible at all.

bitcoin value seems follow the same cyclic economy.
probably there are not bad news, but this (like after every peak) it's just another time of quiet, before (?) another great and big pump.
I will not be surprised if the price will be under 5K for the next 2-3 years.

There is no bad news and I also personally believe that Bitcoin has recovered. We keep on saying that we expecting Bitcoin to recover but we are ignoring the fact that it price recovered when it hit $3k (I believe).
I guess what is keeping the price from increasing  are the day traders. The constant buying and reselling for few gains is somehow affecting the price.

Theres a weight when passing through previous prices, with sellers and buyers wanting to pass their hold onto the market which must then take on the supply of coins and rise anyway if higher price is to be the result.

Its not a negative for the price to hover like this, I would generally side with positive when it goes sideways.   I come from more then a few years back when price was in hundreds so every time I see people thinking this price is negative, its kinda funny  ;D

It takes time to digest, dont take it too much at face value.   Every market in existence has various phases occurring, if you think of tides and all the factors behind every wave thats your natural analogy and pretty close to the chaos of prices


On a daily view we made a low in December and I would call it neutral to positive since that point.   The fact people are still not realising we are doing ok, for me marks us as quite positive.   I could post another chart but not every likes or is familiar with the formats.  I would mark 4500 as a 'gap window'   its the ledge to a bigger rise that I would guess is about 6000 as a proper ceiling.  

There's many things that will be a reason why we cannot still recover to this bear market. And one is the bad news and many fud news. If you really study about Cryptocurrency you will know how you handle your investment or funds in crypto.

The bad news has its purpose, make people feel panic and sell cheap, at that time, Strong Hands buys and prepares the currency to increase the price, that way the offer is tested and, in turn, has achieved a small bull, they use the news many times to do what they want strong hands.

Bitcoin is trying to break a channel that has been established since December last year when big market players dumped it below $4000. This has created a resistance around $4255 and whenever it moves close there is that great resistance from the bear.  It will break the channel but it has to be during important news.

Yes indeed it seems that the price of bitcoin is still difficult to exceed $ 4,000. Bitcoin prices a few days ago could reach $ 4,000 but that didn't last long and finally dropped. Currently the price of bitcoin is stable at around $ 3,700 and this lasts approximately a week. Yes, it looks like the market price hasn't really recovered, I don't know this will last until when, but I'm sure it will take longer to recover.

Many have expected so much from 2019 and that it will represent some new begininig for Bitcoin in term of price rise. Still, that didn't happen, at least not so far, although many started premature celebration when Bitcoin recently came to 4000$. But this was only short breath increase that didn't influence market significantly. It looks Bitcoin will not so easily cross 4000$ and 6000$ or even 10000$ that many hoped to see, looks almost impossible in short period of time from current perspective.

Well, we can see that bitcoin is struggling between the range of $3800 - $4000 for the past two weeks and might still last longer for another two weeks before we begin to see another bull run in price that could get the price of bitcoin to $5000, don't be worry there is no bad news causing this, it's just the market preparing itself for a bull run.

You can confirm what I am saying by checking the market cap of the crypto market and see how money is being pumped daily into the market.

This could just be a temporary fall that would have happened now and trading at 3750$ . Though their is no need to panic as such because this things keep on happening and we might see that in coming time itself it would again rise and reach 5k as well. So be calm and hold on.

Again, we are still in the bear market, speculators will do everything to short and make money including bitcoin. So don't be surprised by this marginal fall from time to time.

Also you have to look at the trading volumes as well, its seems that after a good pump, the volumes started to slow down as well. Typical of a wait and see attitude of most crypto investors now. Not willing to risk and will just ride along with the price goes up again and then sell to take profits.

Bitcoin is a real competitor in crypto market, it's very sad to see BTC value has went down very badly. Ups and downs are part of trading, I know that there's no any clear sign of bull run now and I believe the value of BTC will skyrocket again. Just believe in this for a better future.

I think there is still hope to make the price of bitcoin at the exchange place rise again, I believe this will happen when halving day happens in 2020, and I consider Bitcoin as the father of all cryptocurrencies.

That's the general consensus around Bitcoin, and if you check all the trading channels they were even encouraging people to take profit around 4100, so with all that pressure to sell even from the so-called trader whales, it's going to be really difficult for the buyers to establish some momentum.

I don't think news really affects it anymore, but for sure, if good news maybe like Bakkt arrives as buyers are ready, we'll see the movement we've been waiting for.

Well, the pattern is there for us to look at. It's been trading sideways after a dump and then we have to wait what direction it should take, usually though, it's a downward pattern that's why the price after almost reaching as high as $4200, drop again to $3700-$3800 level. Why it went down? Speculators wanted to book profits, simply as t that. Are we going to see another rally, probably, we might see a another try to break that $4200 barrier or could probably go to $4500 in the future but there's no assurance that we will sustain that kind of price and then the cycle repeats again.

Considering that insider trading is a thing even the most reputable platforms happen to participate in, it would be kinda safe to say that before Bakkt's approval we'll see a strong rally.

I'm however not exactly sure if Bakkt will actually be able to get the CFTC's approval. If it doesn't happen this year, it's safe to say that it won't happen at all, or at least, not without switching from backed to non backed futures.

For now we can blame the government shutdown, but that can't be used as an excuse for the rest of the current year. One of the most trustworthy entities asks for an approval. It should be an easy approval, not an obstacle.

Basically the resistance at $42XX is a very strong one, breaking this strong resistance requires a strong fundamental positive news that will bring in core investors that will massively invest thus this will invariably breaks it (resistance) else the price will pump, retrace or pullback and the cycles continues, while I am very
optimistic that the resistance will soon be broken paving way for the bullish runs.

Yes indeed, it's because of the supply and demand also big investors need to jump to Kickstart the market again, market looks horrible. Ups and down looks like a seasaw game and most probably it needs to pump.

It is not difficult, however its not easy neither. Going above 4000 a bit is something we have done multiple times in the past months, it is something that is common, however going above 4.5 thousand for example is a bit difficult, still nothing impossible, nothing too challenging, this is bitcoin after all. Usually bitcoin prices go up and down between two trends and that continues for a long time, remember just few months ago when price was moving between 6.5 thousand dollars and 7.2 thousand dollars all the time before it dropped.

I do not mean it will drop again but before it goes down OR it goes up bitcoin prices moves up and down between the same prices. We will see above 4.5 thousand dollars one day however it may take sometime, its not an impossible task but we need to be patient for it.

We need to see how well will BTC perform on next bull run in order to attract big investors. It is easy to break 4000$ but i doubt prices will stay above 4000$ line for a long time. Supply and demand imbalances are common near the psycological numbers.

Hey yes bitcoins prices are finding it difficult to break the 4100 level mark for quite a while now, mainly because people are booking profits as soon it touches 4000$. I feel there’s quite of positive movement going in bitcoins prices, just yesterday it touched 3680$ and now it’s back to 3830$. All we need now is people to hodl their coins, and one big news which shall lift us above 4100$ levels.

And why do we need "big investors" for? If you are thinking that we need them in order to help jack the prices up then think again. The crypto market is dominated by whales and all we need to do is to see what whales will be doing next and lately we have seen good news that whales have continued (https://www.investinblockchain.com/crypto-whales-570m-worth-btc-accumulated-100-biggest-wallets/) on accumulating more Bitcoin and that is also why we have briefly seen Bitcoin go up above 4,000$. As long as we see whales milking the market for short profits then expect to see a lot of more visits from the 4,000$ and 3,000$ level, but if they hold out their massive position then we can expect crypto prices to be on the bull market.

There is certainly resistance there.

I think that the primary factor is that we are still currently in a bear market, and that bearish sentiment of traders is hindering a full on recovery still. However, I do believe that this phase of the cycle will soon come to an end, potentially in the second half of the year.

This resistance has nothing to do with the fundamentals of bitcoin but everything to do with the reluctance of traders and investors to take risks when things are looking bearish and there isn't much activity within the market. Perhaps it's also got something to do with the mining dynamics as franky mentioned, but to me, the psychology of investors is mostly at play here.

I'd definitely accumulate BTC right now if possible. That's the bottom line.

I also think that this line is just a psychological blockade of investors. Everyone is still afraid that this is not the end of the bear market and they are afraid to go into long-term investments. However, I think that the longer we stay at this level, the investors' self-confidence grows and soon resistance at the level of $4k will be broken.

Yes I agree to that, bitcoin is the main proponent of all cryptocurrencies and as said that it's a father it can make everything within control that's why we see price declined after such massive changes happened. All crypto coins will shrink it's value when the head of trading which is btc, will downfall its own price; because all exchanges who has tradings was based on the market capacity of bitcoin. No wonder, we all experience market downtrend and that's always expected to happen during bearish period. This is the first time it happened, since btc was still cheap last year 2016 if you happen to recall those days. Market rise and the first long term bearish period happened last year 2018, so the chance of recovering from falling to rising and $4000 will always be potential of being surpassed anytime.

there are some bad news but it came only from fud's in my view which nonsense just to intimidate buyers and holder . Actually yes definitely market is not yet fully recovered reason it fluctuates back again after the progressing but no need to worry 'cause it will be back again soon once it gained enough strength .

I have seeing this happened several time since December and I believe the market is making a statement and that is the current bearish market is over and the market is some how very weak that it could not push enough for a change of trend directions.  $4,000 has been crossed several times since December last year but it could not be retained as it always hurry back below $4,000. The resistance at $4150 is very strong and that level need to be breaking before we can see bull run.

because the market has not fully recovered, of course it happens again as you say, because that correction always happens. I think the most important point is that you have to be more careful in terms of trade or investment in altcoins.
I have not found any bullrun

Yes, I know that but the price of $ 4199 doesn't last for a long time or more than 2 days. Does that include growth? I think it's just a stimulus to attract the attention of crypto users. I don't think prices will continue to grow in the near future, and still need a fairly heavy process. Thank you AhmadM,

Stimulus?   This isnt the Federal Reserve, theres no special scheme there that wasnt written in 9 years or so ago just additional uses perhaps and people speculating about various utility.

If its gone up the demand was greater then supply then previous, I dont think the market is too deceptive beyond that basic idea.   Lots of noise true.

Right now its risen from 50 day average, the thin blue line here and also its positive above the 8 day average also -

https://i.imgur.com/vk4leiP.png

You are making it too complicated, price went up, than back down again. Ordinary spike in just normal crypto day, why do you have a need to complicate things. When price touched $4,100 why didnt you sell and buy back again now? You could, like anyone else could, but why you didnt?
If you are serious holder, this or next year doesnt play big role, you will hold no matter what and you will take reward in few years, price swings are good for day traders, i`m not one of them so I dont care a lot about it.

I don't think there is any bad news against Bitcoin in recent time but what am seeing happening to Bitcoin that is finding difficult to break is that there is a strong resistance at that point and if eventually break , it will then move higher before any correction.

It will reach that again don't worry because price now is more than $3800 and anytime soon possible to reach that so be positive.
$4000 value reaching again will gives us a lot of profit in the future and we have hope again because another digit that we see like last week ago. It is not difficult now to see the price of the bitcoin to rise that price because they already hitted that before.

The current bitcoin price is 3858 USD.The price didn't dropped "dramatically down".Stop with the exaggerations.The price isn't going up because nobody is buying,there's no hype,no "showball" effect that might cause a bubble.Most of the HODLers are waiting,the whales are waiting as well,no newbies are entering the market.

I am so happy with your optimism. well, at least, we think the same thing. I think in the near future, the price of bitcoin will return to that price. besides, I think the potential of bitcoin might be greater than the price above $ 4k. I'm sure this year the price of bitcoin can be above $ 7k.

I only think with personal thoughts. But I agree if in a few days the chart continues to experience growth, albeit a little slow. And to this day the price of bitcoin is still under $ 4000. I don't think that will rise above $ 4000 in the next few weeks. Thanks for your opinion..

the high volume is disagreeing with you. if nobody was buying then volume should have dropped down drastically but we can clearly see that it is still pretty high and remaining high which shows that there still is an ongoing accumulation going on which is in other words an area where people are buying bitcoin at a fixed price.

Everything can change, there are always many surprises in the world of Bitcoin. So we must be optimistic about what will happen. Changes in the price of Bitcoin can take place very quickly, so be optimistic that there will be far better changes. We can only wait and hope that what will happen, our support and active role in socializing crypto to people who are far more numerous will be very meaningful.

I think bitcoin price reaching around 4200 dollars all the time and going back down is just a "test" by the big players in the trading world. They are probably trying to test those levels out all the time and see if people are behind them rallying towards higher numbers or not, if they do not see a hype (which there is none) they just let it go down again.

I mean not only they are buying bitcoin at these levels which would mean a lot of profit later when price doubles even triples one day (which we all know one day it will happen, just don't know when) they are also trying to see if people are hopeful about a bull run or not. If there is no money following them there and trying to help them get it over those prices they just let it go back down so they can buy cheap again and test again.

one week ago, I thought bitcoin would continue to rise after reaching the price of $ 4000 but it turned out to go back to the current price, I hope it can be even cheaper, because I will buy and hold it.

Yeah it's difficult to rise above 4k because there's always a manipulation in the market and in my opinion if this factors always happen especially when the value increasing gradually  for sure market will become stagnant below 4k until year end.  

Well not really. As we saw the past 2 weeks, 4k can be hit. Even for a short time. The problem is staying above 4k or sustaining a run beyond that level. Big players are probably content with making little profits over time that' why btc got shorted and dropped back after hitting 4.1k

https://i.imgur.com/rDydvh2.png

The bottom part of this graph shows we are roughly positive since the move into this area.  There is a higher volume bar for the big rise to 4200 and the fall down from it but overall the price is confirming itself from 3700 area upwards.   My take is that its positive above the 50 day moving average, it still has to combat the 200 day so theres so much space for the bears to come back in before speculators have to be negative.

Seems fair to me to say the price is positive and acting like it will continue short to medium term even

Thank you for your opinion about the current bitcoin price, and I respect everyone's opinions. Okay, do you think you will rise above $ 4000 in the near future? I thought that would happen, and now the price will touch $ 4000.

Right, at low price it is better to buy rather than mine and when it is cheap to mine than people want to buy. This is radiculas matter that people do opposite what the situation demands. No matter, we need to be more patience at this time.

i think there is some resistance at 4200 ... if the last fall mean bitcoin will be stronge more than now .
we must buy as we can now and above 4000 
evryone should buy now and not tommorow ( lomg term need short term) ...why wait for buying bitcoin !!

$4000 seems to be a resistance barrier that needs to be overcome to grow further. Once it crossed it, but in short term once again it fell back low to $4000. When this resistance barrier gets exploded and the price cross $4500 we can expect gradual growth in the market. Until then the value will fluctuate within limits.

we have achieved it, yeah but like there is a blocking wall, there is always a large amount who sell their coins at price $`4k so the price is still difficult to rise, it needs a strong footing to penetrate the wall, and next year the wall will probably destroyed that wall by halving

for now, I think it can be said to be very difficult. I feel that this has happened since the beginning of the year until now. Bitcoin prices were several times above $ 4000, but in a short time. I'm still waiting for the price to be truly stable.

It seems to be stabalized at this rate, It's quite normal on stocks. Once an entity reaches it peak or the maturity stage, there's only two possible thing could happen. It may exit or stabalized. As for Bitcoin it seems that, it's still on its maturity stage, as I see its far from exiting the market. Though, that's the good side but the bad side of it is that the possibility of Bitcoin to reach the value same as 2017 is quite blurr and probably it will not reach it again.

I don’t see any challenge with this and to me, it shows that the system is working fine and void of any form of manipulation, If BTC was drastically dropping or drastically increasing like it did some years back, I would have smelt a foul play.

People make use of the system, and not everyone that has BTC is an HOLDLER, all these little fluctuations we see should be as a result of activities going on within the market, take for example, the total amount of money pumped into the BTC market yesterday was $100,000 which part of it was intended for payment purpose, let’s say at the end of the day, total of $80,000 was paid out in form of btc and later withdrawn  leaving $20,000, what price difference do you intend seeing in general value at the end of that day, you cannot compare that with when one investor pumps $10 million into the market with less than 1% withdrawal done that day.  

The point is not that there is any bad or good news about Bitcoin, although if necessary, manipulators can create as many news as necessary, both good and bad. The fact is that the financial globalists - have not yet made a decision regarding Bitcoin and cryptocurrencies. Or their plans do not include an immediate rise in the price of bitcoin. The price does not grow for this reason. As soon as this changes, there will be a movement.

Bitcoin is gradually tending showing its strength as an alternative currency that is independent and this is why we might start experiencing more stability in BTC as against the pump that we lead to bull run we are expecting, although BTC will eventually get to its desired amount it is targeting in near future but that will be a gradual process that will takes years because of its stability.

So, I really expected BTC to shuffle between its current value and 4000 stated by author for a very longs time and even if it will move an inch above $4k, it might be so insignificant.

Patience is the key mate which we also need to learn that from first btc investors, lets even leave the bull run of 2 years ago aside, no matter the decline in the price of BTC today, previous investor that started with bitcoin when it was from ordinary cent to 1 usd can never ever count their losses, why ?

Because, they were patient, we saw what happened to those that never believed in the system and even threw their wallet pass key away out of impatience, they ended up regretting it. It is better we assume too now that we are in the period BTC standardized one day in years to come we will massively count our profit too.

Last 2 weeks ago we see the price is between $3700-3900 and the value $4000 will not increase this week. Everyone want to see the value of that bitcoin and I think we need to have unity for this and for sure even only few hours if millions investor will invest in just few hours for sure we reach again 4000 dollars value. For me right now it's hard to up because they still people who panic selling their coins.

I agree with you but why is I still can't understand 4000$ resistance barrier because mining isn't profitable + everyone wants high price. Sometimes price become 4K usd which I thought would cause tise but no, it quickly felt.  I think 4500$ is still low, bitcoin needs huge and quic rise like it happened in past when price rised from 10K to 14K in few days.

reaching $4000 is not the problem but remaining above that values is the problem.  The market need to stay above that in other for us to see a clear price directions.  I strongly believe that bitcoin will be better this year than last year and that means we really need to keep hope and faith with the market.

Your mindset says that the price of bitcoin only changes with the permission of the whale or manipulator? I don't think it's that easy, there are tens of millions of users in Bitcoin, and of course it will be difficult for the whales to manipulate the market, and of course there are many other things that can change prices, for now better hope good news comes, rather than waiting from a whales act, who hasn't done anything for 2 years?

Agreed, but it is true that to some extent whales has got the potential to manipulate the market. This happens through various forms, a clear proof is the recent price pumping that took the price above $4200 and falling back within days time. A huge volume is left onto circulation and got accumulated within a day causing the large fluctuation in the market. Once the market is manipulated with negative news spreading, now people are much aware about it and new techniques have been getting effect.

I think so, we reached $4,100 this year but the price suddenly dump, surely it's not the same scenario that we want to see.
So let's just not push this hard, let's give it a time, eventually it will rise if we are really going to experience some bullish movement this year.

Already everyone explore the bullish trend in more one year so peoples are never afraid in this situation. But I hope many positive response are comes in future, Recently many countries are plan the crypto adoption so surely next pump is the best achievement in Bitcoin.

For now, it is rather difficult to 4000, but the price of Bitcoin is more stable than I thought before. Especially this year approaching Halving Day. At least strengthens the price of Bitcoin to keep stable. On a side note, I saw some news regarding Bitcoin and cryptocurrency has been legalised in some countries

I agree with what you say, that all Bitcoin users can change the movement of Bitcoin prices. although there is a manipulator who has the ability to manipulate prices, we all also have the ability to determine the future direction of Bitcoin, including to increase the price of Bitcoin much higher than 4,000USD.

Price is still not increase if you noticed because until now it is still stable with the price of $3900 and if you want to see $4000 so you need to help the community by purchasing bitcoin now. It is difficult because only people who participate on buying bitcoin but once they have millions investors back they will see good price again.

Its a big dwell to the market, but it looks better now seeing we are surpassing $4000 and hope it continue and stay for few more days before it back below the barriers. It so exciting to look how the market works and it actually we made it right, patiently waiting for the recovery and yes we it nearly to happen with us.

Its the old frame to the breakdown from 6000 I think.   So this is the staging for that possible correction back upwards, but its got to beat selloff before that possibility first.

Heres how it looks to me in percentage terms-

https://i.imgur.com/8GpIpRd.png

THe fact we are at 62% and above should be a positive to build from seems like.   I have heard some say well its in the process of not passing 4k but it seems to have tried too many times not to test the other prices

It seems that at this time bitcoin was able to reach that level at CMC https://coinmarketcap.com/, a trip full of twists and things that are good pumps today. Many hopes to continue to increase, but still, take a good opportunity to have an advantage but remain alert and wise.

Right, I also check the price recently so it seems we break $4k barrier again. Cause for a celebration, but I wouldn't put too much weight, why? maybe this is another bull trap again so I will still be cautious. I wanted to see $4200 range obviously and see if it holds. This is critical barrier to breach as this might start a slow process of a recovery. So let's see how it goes before the end of the month.

Maybe this time we will not fail anymore.
If this is a bull trap, I would accept it as long as we will again reach $4K, this is how the price move in the past, it tried to break
resistance failed many times but recovers, until the time has come that it has successfully break.

I am already smelling a bullish sentiment from people.

I think it's only a matter of time for prices to return to $4k, this level of value is very likely to be achieved by bitcoin with a very large number of users. even if the original value of bitcoin is much higher than $10k in my opinion, it's just that some investors seem to be sleeping, so marketcap is still low..

Expectations are very positive, the current market is somewhat sleepy, but when small lateralisations occur it is a positive thing, you can be preparing a possible upward movement, operators begin to contemplate the idea of ​​raising the price, to test the offer. It is a classic movement of Supply and Demand, even Wyckoff refers to this type of movement to see how the reaction is in the market.

We hope this pump will continue in future also because many experts are smelling the bull run in this month. Sometimes dump and pump will occur in the market but we never loose the hope of Bitcoin.

We are just 2 months + in the new year, the year still has a lot in store positively as regards Bitcoin, many investors will come in and this year, a lot of project coming up will start introducing BTC has means of payment which the older ones are gradually integrating, we will still have many traders coming into the systems, all these activities we are seeing are what will keep the BTC price at $4200 and beyond till probably we believe will push up the price to $6k by the end of the year, though it is just speculation but I believe strongly that BTC will continue in the green part it has started following.

Im going to point out the obvious which everyone knows but thats the point, 4000 is a round number.   That doesnt actually mean anything but also because its a flat number easily referenced everyone centres on this flat top where all the zeros tumble over and it 'all of a sudden' heads into a new block of thousands.

Its silly but also its a thing for human nature to focus on this as if its more important then it is.    The most obvious way to point out it dont matter is that every other nation has a seperate figure for Bitcoin right now in their own currencies.   Its not 4000 in ¥ Yen or in Euros € its not flat number there right now.   However Dollar is the most noted and more widely looked at worldwide so it matters and it really doesnt.

Just one of many reasons 4000 is unlikely to actually hold especially long term.   4500 has more significance imo

I am optimistic that the price would indeed go above $4000, and so are lot of hodlers and even experts.
I would like to ask, what dynamics convinces you as a bitcoin hodler (if you are one) that the price would eventually boom sometime in the future?
It's been ten years on, and most people I meet already have heard a thing or two about bitcoin, what needs to happen to bring new investors?

We are near from $4000 today, Bitcoin really has a crisis this year especially last year as we can see that last year really not a good year for cryptocurrencies cause last year is when the bitcoin value started to drop hard. Spreading of fake news is also one of the reasons why the value is not recovering because most netizens are believing to those news especially big investors so we need some encouragement for them.

The price of bitcoin has nothing to do with the spreading of fake news and big institutional investors wont listen to these silly news and we had a huge rally and the price increase was really huge and anything that grows that big in a short span is bound to come down and that is how every market plays, it is difficult to sustain a sharp rise like that and there is nothing strange too as it is in its early stages and the big funds will come again once we see the signs of bull once again.

We are just a few steps away from $4,000 and we already reach about $4,200 last month ,
So for me I don't think that it would be difficult at all maybe it would only take a few more days before going up to $4,000 again.
We couldn't do anything but to wait and relax.

Indeed and currently it's already on its way passing 4k$ looking forward for more day to come and tried to be more stronger and passed
this level, though expectations still high as possibilities of reversal of trend between bear to bull are highly anticipated we just need to
believe and stay calm while waiting for the time to come.

well, i think this is true. even bitcoin is very difficult to last for a month at $ 4000. well, but now the potential is quite large. I think the price of bitcoin is stable enough to be able to rise more than $ 4,000 this month. well, maybe next month the price of bitcoin can reach $ 4500.

There is no drop, then we can make it.
Once we are stable at $4,000, it would be easier to reach $4500 and even $5000 with the price range now.
We have successfully break barriers before and i think we can still do it now.

That was true but here we are. We already pass and break $4k again but this time it lasted long. It seems we will stay longer at this floor price and we're going to have a slow increase to $4.5k. If ever things goes well or rather trader isn't their trading point yet, we might reach $5k sooner.

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.

By now the price of bitcoin is found above $4100, and from the analyst point it'll surely clock the $4200 price which is being touched a day back. This time the market looked to have good resistance for an uptrend from the present market. As a new month has begun we can expect more of the growth than decline.

The resistance showed to have been broken lately with additional $150 on bitcoin. Mining might not be profitable for now but it still have more advantage than miners' profit. The important thing is the low influence of manipulation on the market which will make the market to improve itself in short time.

We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is  an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.

Infact many people will sell a lot of their bitcoin when the price rises more than $4000. thats why bitcoin will find it difficult to rise
above that price, because there will always be a big wall (big supply) that keep hold the price of bitcoin to rise..

In Poloniex, there is a big wall at $4108 in the buy order for 32 bitcoin to hold the price for not going down and in the above price, there are many small bitcoin amounts placed in the order. So it means, the price could stay at that $4108 if the price does not move or the price will increase higher because the chart showing the trend is still going to go up.

The bitcoin market is totally controlled by large whales, it always has been and will be. Now bitcoin for quite a long time trying to overcome the mark of $ 4,300, if this happens then the chances that he will start to fall in price will tend to zero. But I would not be surprised if something else happens.

Let's make it more realistic, there's no such thing as zero chance, what's your basis or TA on this if you care to share?
BTC when breaking it's resistance then we will see a good increase, could be a rapid one, but we should not erase the possibility that it could dump after a pump.