Bitcoin Forum

The as of late moved 13,180 BTC was over $108 Million USD at the present exchanging cost of Bitcoin which was seen on the Bitcoin blockchain. The ongoing watched whale exchange activated expectations at the cost of BTC, a large portion of the forecasts inferred that the Bitcoins were set up for selling and the rest of the ends centered that the Bitcoins were readied fro a convention.

This energy on Bitcoin Blockchain gives an idea of Bearish expectation amidst a Bullish pattern. From the ongoing negative second from last quarter, the costs of Bitcoins are displaying a nightmarish level, Bitcoin which is presently exchanging at $8,529.98 USD, recuperated 3.76% from the earlier day. It additionally can be viewed as that bitcoin has restored from the past low close $7,800 USD.

New Source: Thecoinrepublic
https://www.thecoinrepublic.com/bitcoin-dump-alert-13180-bitcoins-moved-amidst-bull-run/ (https://www.thecoinrepublic.com/bitcoin-dump-alert-13180-bitcoins-moved-amidst-bull-run/)

It is unclear when and in which direction the market is going to make the next step. But things are getting complicated and I am really afraid that we would see a new bear trend and the fall to 3-4k USD per Bitcoin again.

Stop making clickbait articles and putting fears to your readers by making them expect that whenever a large amount of btc has been transferred, it's all about dumping.

As your article says, it's an unusual transaction? like what? we used to see these kind of transactions almost on every articles being reported.

Yep, bearish clickbait article with zero technical analysis and just words like 'nightmarish' to scare people into selling. If anything, there's actually indicators suggesting BTC might be bouncing in the very near to mid-term back to $9k and above, though I'm prepared for holding for an extended period if need be. There's plenty of events like large amounts of Tether printed that end up having no immediate effect on the price of Bitcoin or any crypto for that reason. Coins are moved in large amounts for various reasons, and we might never know where those coins were from exactly or where they were headed to.

Theres no clear direction where bitcoin going on this is a kind of clickbait dude! As what I see bitcoin make a good move after going down to $7900 level and now going up to $8500, this article is nonsense noclear analysis and making people scare.

Agree, it is good progress and no need to worry. Even if it is in red now but the price has already increased up to $8,574. Regarding the analysis of the writer, it may be his own opinion. So, it is your right to believe or not. For experienced traders, they must never trust this kind of article since they know it is speculation only.

but if we look at the recent trade of bitcoin this end, there are actually more who sell than buy. if it continues like this, I think the increase in bitcoin will still be delayed unless someone buys with high qty.

actually, as long as BTC doesn't come out of the 7000 to 7800 USD area then strong support is still safe,
if calculated, it has been 2 months BTC has experienced a correction and has not shown a significant movement, but of course this correction indicates that there will be an increase after this, soon I feel bullish will continue its journey.

I like the sentiment to bitcoin price movement. Also the article is very play safe as bitcoin triggering dump talks here. I guess not all writers can be that so efficient when it comes to creating fud or shill here. Would like also to remind that this topic belongs to bitcoin discussion. Might as well, locked or moved this thread there cause sooner moderator will see youre post and that will happened later on. This section is for altcoin discussion mate.

Maybe this is the lowest point of $ 8539. I have never worried or panicked that bitcoin will continue to rise to the level of $ 9200. Any analysis we can't trust even if it's my expert, it's only a matter of time when going forward, and bitcoin goes high.

People are not tired of creating any kind of what they call news even if there is none to make. They will always come up with anything just to create some stir in the public. For now, the market seems placid. There is actually no good and bad developments aside from garbage news like this. Other than this, the prices are naturally moving up and down with little adjustments. Thousands of Bitcoin is moving everyday so there is nothing special if 13,180 BTC is also moving lately.

the position of $ 7000- $ 8000 is still a safe point for bitcoin, there is still a chance for bitcoin to ride the bull in fast. it is proven that bitcoin can still jump now, the analysis is now refuted by the rise of btc to the position of $ 8557 based on prices on coinmarketcap

Luckily I already bought under $ 8k given that many predictions will continue to grow. Bitcoin can reach its peak in November at a price of $ 10k, although this is already profitable for me, bitcoin is still not perfect for today's bitcoin rise.

Final quarter of 2019 getting more unpredictable but people expected it to be bullish and breakout 20K,unfortunately we are not moving in that direction but we have halve next year which is the reason why prices were in accumulation period now.

Bitcoin is already recovering and there is no point giving all these bears very much attention, whatever move they have done that crashed the market has already been done and it is good that the bear is out. As the market is recovering now, we need to encourage the average traders, users and investors of bitcoin to come in right now, so that the price can bounce back to where it should be.

The one certain thing that I believe is that the last dump we all experienced may actually be the last we will see for the year and I see a very bright bullish trend ahead of us, most especially in the last quarter of this year, this last quarter will actually set a very positive space for next year to beginning on a high value of bitcoin, watch and see, bitcoin going to $15000 this year.

We might just have seen the end of the bull run these days. Charts are quiet, buy/sell orders are not so fat life before , bitcoin in mass-media, large transactions , all of this leads us to think that we finally reach the end of the bear market and we slowly move towards the bull run. Interesting days ahead of us , watch them closely as a spike in price could happen anytime , this is what I think.

Beware the dump that occurs in bitcoin is trapping traders who are easily panicked, it is unlikely that bitcoin falls again because now it has begun to enter a trend to go up and you can see from the good news like halving bitcoin that will happen in 2020 this course will many traders take advantage of that good moment.

It again seems like that $8.3k will somehow hold which seems to have propelled the latest rally.

Alts are somewhat picking up as well, which is surprising since I'd have expected prices to continue to slip down below $8k.

If this support holds at $8k, then we could see a resurgence of BTC above $9k once again. However, I wouldn't be bullish beyond that point due to the fact that $10k psychologically is still an extremely important barrier. I do expect alts to outperform BTC for the next few months regardless of BTC's price movements, though.