Bitcoin Forum

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.

http://ipic.su/img/img7/fs/1.1529337062.jpg
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.

http://ipic.su/img/img7/fs/btc2.1529336505.png

Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.

You can see that bitcoin prices are continuing to go down and down, the market is down, bitcoin and altcoin prices are falling sharply and hard to recover, so I think that This time you should not trade. According to my analysis, the price of bitcoin fell to $ 6,000 then rebounded and went through the down cycle.

Even I had same confusion.Now the price of Bitcoin is became unexpected journey in  same day.In the beginning of the day price reach to old value and again reduce to new peak at the end of the same day.Being a experience trader,you have hold at the drop.

I see that the prices of Bitcoin is going on sideways. And in fact that it is preparation to go up or go down down. So let us prepare and always check the price of Bitcoin.

This is WRONG I believe that we will have a breakout. I thought so because I saw one of my friends post the pie which is telling us that we will have a breakout.

It may break $6400 support in few days but whether it will go below $6000 or not is the real question so your predictions is not very useful for me because if it go below $6000 things will change.

I won't agree with your point.Now the price is started to increase again,t hen how you think the price will reduce again.It was a unacceptable one.It may be reduction after tomorrow.When there is green mark,it will continue atleast for two days.Now Bitcoin is become a strongest asset .

Usually at the bottom there are strong movements. As we see now the market is slowly going down.
For me it means that until we have not reached the bottom.

Yes currently the selling pressure is increasing, but i think that bitcoin will get a good support at 6000$ and hopefully bitcoin price will not cross that leve so soon, i think once bitcoin price get some support then people will again start investing their money there and hopefully then its price will once again start increasing and will even reach to its previous price in which it was trading a month before.

Yes, the price has somewhat recovered and has crossed $6700 if I'm not mistaken, whether is a good sign I don't know. What we all know is that the market is really free falling by now and maybe the OP is correct that we might see the price sliding a bit further as there as no strong support. What we all witness is that day traders and whales will suddenly pump the market and will take the profits whenever they can. At least getting to $10K will be safe for us, but the road going there is really difficult as of the moment.

We have seen such dips in the prices multiple times in the past but I am sure most of us have not observed the bounce back percentage after the dip. Bitcoin has emerged with stronger growth rate after such corrections and fall down with diminishing rate each and every time (with some exceptions to it), so I think that Bitcoin will head towards stability if this pattern continues.

I still bullish for BTC and others altcoin, and in my opinion the price of BTC now is the cheapest price and ready to go to higher. In technical analysis the price of BTC in the bottom and from fundamental analysis there are many good news related crypto. My prediction market cap of crypto will be going to $800 Bn again in this years.

I think $ 6k is the bottom for BTC and it will be flat market for some time before the next bull run.
Last time the Crypto market bottom was at $243 BN in april and after that in May in  one month period it  almost doubled to $476 BN.
If this pattern repeat I think it will go over $ 500 BN and BTC will break $ 10 k level until  end of Sept.

I think you should look at the way you can see that bitcoins have been dropping steadily over the past few days and still can not recover from the $ 10,000 mark. I believe the market will continue to decline and this is the inevitable rule of the price line, and it will take a lot more time for the bitcoin price to recover, I think it takes a year.

It's not based on anything fundamentally. Hope doesn't translate into reality very often. If it does, it will be pure luck. We really need a major bullish trigger to exit this downtrend, or else we will end up exiting this downtrend by letting the market bottom out properly and then go up out of itself. The latter obviously will take way longer and could result in a move up somewhere in 2019 and not this year. The solidX ETF can be such a trigger, but with the SEC not being eager to come up with an approval it might be pushed to 2019 at worst. Lightning Network is improving as well, but will take way longer to become noob friendly....

It's a multi-year project that we shouldn't expect too much from at this stage.

Good thing is that people aren't spending their coins and without a bull run the network isn't and likely won't be clogged up badly. As long as we can keep that up, the demand for an immediate LN launch won't be there.

The network right now is pretty fast. The average block time has dropped to nearly 9 minutes. Faster confirmations means less waiting transactions and very low overall fees. The fees right now are less than $0.01. :)

It is now going to the bottom of the earth! Lol. Kidding aside, I don't know where it will go. I was shocked because of the current bloodbath and still looking for answers why it happened. I thought that it will start to increase slowly. Cryptocurrency is really unpredictable.

I think the market will continue going down for a while and maybe till the end of the year. people are scared to invest now and will need time to come back, but once we bottom at 3k I think we will go back up.

this may be a test in the crypto world because today bitcoin prices continue to fall without any increase here we as a player in the world crypto must accept that risk, because the price down in the crypto world is a natural thing ...

I think crypto community shall accept the fact as the risk in crypto space of the down trend of token/coin price while think how to drive the uptrend price of this crypto currencies whether to unify the strength or other kind ways.

In my personal opinion on June this month is end of bearish trend, just like last year and on july the market will turn in to bullish trend. Also there are news about regulation of crypto will come on july, so bullish trend could be start next month and possible to go all the times high again

Yeah it looks like bitcoin will take months to recover but I think this is the time where everyone should buy more bitcoins while it's still low. After couple of months market will start increasing little by little every week.

But until now the price keeps falling and the investors getting panicked still.hope to see some upward movement in the coming days which can give the investors that trust to invest more on the bitcoin because the price will again go to moon and will reach new all timw high.

Mostly of the investors says with the past price way back december, they are expect a lambo by this month but now as of the moment they can see to buy some car because of the price. Though those people are newbies with this state of price because first it is normal for bitcoin to drop this hard but not saying that it will be back, the price now is just temporary, this coming december it would be big again. Hopefully!

So dip,but be positive :) market will rise again,and all crypto investors will celebrate soon😘be patient it's normal fluctuation just hold and HODL to the maxxxx😂😂😂

Bitcoin fell below $ 6000 again. The lower we go, the closer the turn. Before us the finish line

On June 29, the first half-year futures are closing, it is not surprising that we are seeing attempts to sell the BTC rate as low as possible. Most likely, this date will be a turning point, because what could be better than to short on the Hai, and open the long at the bottom?
The turn is close and it will be very sharp. Preparing a strong pump BTC, signaling multiple events:

1. The USDT reported each token issued, confirming an equivalent amount of real dollars.

2. Representatives of MtGox were banned from selling BTC, all payments to creditors will be made in 2019. Obviously, his plums so they did not interfere with growth.

3. The statement by the SEC, the launch of the futures from the NASDAQ too podgotovljajut us to reverse.

4. Goldman Sachs are ardent opponents of the crypto currency, miraculously changed their minds and support the crypto currency in every way.

5. Starting TUSD, the so-called stable coin. What do you think it's for? Who needs this stability? The decrease of volatility? Right, big players.

6. CME exchange rules, they do not cooperate with instruments whose capitalization is less than$100 billion. At the rate of$ 5850, BTC capitalization is approximately equal to this figure. It is clear that the auction per second will not close, I think $ 5500-5700 is the minimum that we can see. See how now buy Bitcoin at this moment, when the price falls below $ 5900, remember February, the first bottom, at what point there was a reversal? Yes, Yes, 5800+. Well, whales are manipulators, I think it's not stupid to spend such money to buy BTC to ruin this feeder. Unless, of course, it is the actions of disgruntled States, a way to deal with uncontrolled cryptocurrency.

its actually a good question,the market is going according to statistics every market go through a plan ,they go step by step .one day its going to become very successful and another day it won't its the nature of market.trading market is now going just like that it will have its success and failure day.and i think just couple of month next it go higher then it has ever gone before.

BTC market continues to decline, whether you try to buy and hold, the discount rate of the BTC is still ongoing, because now the whale has been withdrawing capital from the mass market, It will be a time of crisis for BTC. It's hard to come to them and I do not know when it's going to go up again, I think perhaps the market will recover at the end of this year.

Just so you know nothings wrong the market unless someone tries to tamper it with force and or illegally for now it's only normal to say that it will eventually go beserk day by day after all humans are the only one can change the outcome. But probably it was discussed that it will not falter anymore in near year's end.

Yes not only bitcoin, but the price of most of the crypto currencies are trading in its lowest prices, i think that bearish trend will very soon over and once again we will see a bullish trend in the market, i think that this is very hard time for the investors not doubt but they need to hold their bitcoin for some time and be patient hope that hard time will become over very soon.

I hope that you are correct because its almost the end of June and we haven't seen anything that will turn the tide on our side. As I previously said, the price can go down and go to where investors are comfortable to invest once again. We all know that they are scared and worried, but once the price is at level that they can say "I'm going in today because the price is really tempted and this is the best opportunity", then we will see another growth. Again, we can't really say if it is this month or the next month or even in December.

I was hoping you were right though but if not, i think bitcoin is going down for real and it might hit $4k if it will continue like this but i can see that bitcoin is still recovering it's loss, though it was a bit hard to move from $6.2k. I don't know how long this bearish market will stay like this.

I think that it will be a good idea that one should not wait completely for another serious fall as it may not come to fulfilment. But it will be rational for you to use up to 40 percent of your investment capital to buy now and hold the remaining 60 percent till when there is another opportunity to buy at a cheaper rate.

Exactly, for years the Bitcoin has been going up, leave him a little peace haha
You'll see that the end of the year will be crazy for now keep your cool and take a vacation
Stop listening to the so-called forecasts

Well time has changed now, people are aware of bitcoin benefits and they are now holding more than panic selling, soon I hope price will start rising as it almost has started to, after the recent huge speculation bitcoin overcame a lot of crises now it is time to celebrate for the people who trusted bitcoin at dump and hold for long term so have patience soon we are going to have good news about price rising in market places. 


                                                               

                                                                                                                                                                                                                   

It is pretty much longer but still have chances to change it direction and it may favor with us. Since we are still struggling a huge dip, patient is the way could do right now to avoid from losing. We don't want to waste our time also but this is the only way to get trough it..HOLD..

It will. Just have some patience. In trading, there is one thing important and superior to everything, patience. You can’t just go up without it. Many of times prices start falling and you haven’t anything to do with if your mind have control power. Patience will give you a chance to retain what you have with you and don’t lose in such hard times. Better to enhance this one factor.

As OP's prediction the price were falls below $6000 but it doesn't stayed too long there so the one who invested at the time are lucky now the price is moving again in upward direction.So from this we have to conclude that there is a never perfect time will come to use in the crypto investment,we need to be lucky if we have to be at the perfect time.Buy the way I don't think split-up the capital may not be a good plan so invest the all money into the bitcoin which totally need to be affordable for you!

2018 starting January hard and difficult to predict bitcoin where when goes to pump or dump the price and i think according to the chart gives you as reference if bitcoin continue to go dump need to wait the totally dumping of the price of bitcoin in the market before buying.

Right but we have been observing the fall for some time now and it sometimes makes one pessimistic about the future of one’s invested money. But again if you recall the last year market in June, we are still good and the price is not falling by big figures by which I mean to say we should still stay hopeful and focus a bit on the market. I have been following some good experts and they all are having positive vibes about the future.

Bitcoin market is not going anywhere but the prices of Bitcoin is kept decreasing and this make people panic about the market. Of course, it is completely common in the crypto market the price variation is very huge and volatile is also very huge. Now Bitcoin price is completely in a downtrend and of course, there is a day for Bitcoin to increase it's price even higher.

this is a natural thing happening in the crypto market moreover yesterday prices soared might be high when meneurun drastically too is a reasonable thing because up and down the price can not be determined.

Yep. That's true though! Itbis something that naturally haooens un the crypto world. We should therefore hope for a btter price in the future. Also, currently it seems the fall is not that huge as compaed to the previous weeks...Meaning a potential for a rise to come can happen at any moment.

Trade/ invest at this moment is wrong decisions, you should find another way to make money. Market is slow and have deep price ( fit with your analysis ) and mostly happen in long term period. If we see commodities ( gold, silver ) is look like bitcoin, up and down always happen in long term period. Leave bitcoin now before your money get stuck, trust me.

Great charts you have op but why aren't there any forecasts of a possible price rise from these charts because it makes no sense for a continuous drop as market has to respond positively after a dip ; )

The downward trend is worrying which why we need to move away from the old strategies of hodling and try to use bitcoin on an everyday basis to try to stimulate the market to ignite demand

Currently the bitcoin currency is down. but that does not mean that tomorrow is the price. the best strategy in this market is to wait and check daily for the price.

All those predictions can be good but I eventually believe that Bitcoin is so unpredictable,  that it can fluctuate in the way that we don't wait it to be, so the main point is to be flexible.

The crypto-currency market is currently strongly associated with the growth and fall of bitcoin. I believe that bitcoin has already reached its minimum and will grow now. Together with it, other crypto-currencies are also pulled up. Soon, the market will begin to recover and strive for new records.

the market is not going anywhere! there is only two direction it takes. PUMP and DUMP, i would say in times of great market difficulties all we gonna do is buy and hold the coin. In this way, we could not add the dip on the market selling your coin would only means dumping that eventually result in price down.

sorry for interrupting but talking about the circumstances of bitcoin as of now. well as i noticed it still on 6k stage,  and it's not decreasing on this moment since it touch down 5k value. Maybe you forgot to check the market , and by the ways base on the op question well in my opinion base on the pattern of bitcoin perhaps it will pump soon and it will not going down anymore  , because it already shows a potential that this bottom price still have strong support, which in my view probably before moth of july its time for to bullish again.

I can see bitcoin value recover a bit but I can say that bitcoin will continue stable around $ 6000
Of course we all expecting more but with current situation, it needs some time for being increase.

I'm personally  keep hold it as long as possible !

Looking at this chart alone can be very scary, but this crypto currency market is very unpredictable and volatile, I strongly believe that after this wave of decline the market would have a growth which may surpass the highest growth mark reached last time around.

I'm pretty sure nobody likes the market trend we have, a long market dip and of high volatility. All of these will are some reasons that could make investors felt doubt about crypto, yet they are new that's why they need to experience of gaining for them to build trust. But its getting hard today to regain cause of some FUDs that they have heard.

The future market of bitcoin would not be possible if bitcoin goes 100 billon market cap. Which is roughly btc price of 6100 dolars. Then big money wouldnt be able to get in and we All Know they are comming

I do not want to worry about the price of BTC. I sold the entire BTC and moved on to invest in NANO. Maybe BTC is out of date and NANO could grow to $ 100 in 2018

Yes,It is true.We can't predict the price of bitcoin.It is due to many factors,one of them is whales intervention. When the price of bitcoin is start to increase,the whales sell their large holding bitcoin to manipulate the price again.Then the demand in the market will be reduced in bitcoin.It automatically reduce the price again.

You’re right, but 2017 was a completely a different one and some people are now believing that 2018 will be as crazy as 2017😕 and some of them just want the price to keep on going up steady, bunch of confused people. Well, I believe that the price will go up but now. If you want to invest, then you better invest now at the price rate of $6000+,cause by the end of this year, price will rise and you might just end up in regret.

It depends on your goals. If you plan to hold for years, then it doesn't hurt to wait.

In most cases the majority of the people need to gain a significant amount of confidence in the market before they finally start pulling the trigger. That confidence only increases when the price has been increasing for a longer period of time, and that has not been the case for months.

And then we have the 'smarter' investors that are waiting as well, waiting to enter lower. It has become a waiting game where the average person is waiting for the price to go up in order to buy, and the 'smarter' investors are waiting for the price to go down in order to buy. If you look at both cases from an unbiased perspective, it's clear why nothing is happening and nothing likely will happen any time soon.

The market is in need of a capital injection to suck the coins out of the manipulating whale pockets.

Basically trading is very simple while yet difficult at the same time.

If you want to be successful you need to look at the larger timeframes like the weekly and the dailies.

On the weekly we are very bullish. Especially the rise which took us from $5.5K to $20K, and we are technically on weekly support right now.

Daily however is very bearish because we keep making new lows and fail to make higher highs. In the last 6 weeks, we basically failed to close above any daily handle unless it was a wick; total rejection.

So taking today for an example, we need to close above the high of yesterday to gain momentum. And it would be best also to close above the $6900 which is the highs from last week to gain further momentum into the $8000+ region.

Right now its way too early to tell.

Well I think when someone gets interested in this world of trading. He mustn’t be losing his mind and his control over his emotions. Although bitcoin isn’t getting us and it’s not showing the price range we are expecting from it since long time. But still, we all know this is happening this way always. Bitcoin is always been going down and then jumping up and then this continues for long time.

That’s right. The fall has created some chaos but what we all-the investors and traders-need to do is to stick to our strategy and act rationally because we cannot afford to loose our dollars. Due to this chaos, people have started calling the technology a scam but we know that is not true and we have witnessed the previous booms in the crypto market.

We just need to understand that the rise and fall is part of every market and there are inbuilt abilities in the market that ultimately help the market recover.

Very good analyse thanks for sharing.I don't see any big uptrend for now
i think we can be happy if btc will keep 6000$ level.Usually longer time price is staying at the bottom stronger recovery is

You can see that bitcoin prices have been moving sideways during the past few days and there are no signs of a strong recovery, so bitcoin prices are just around $ 6100. I think this is a good time for you to trade altcoin, so you only trade short term because the market is still in downtrend and bitcoin prices can drop sharply at any time.

Thanks for sharing! I think that we are all on this forum need to be a little bit more educated about the principles on how market is operating, then we would have less of those complaining about the price.

At this moment the market is going downtown but it will get up and there are many points that shows that it will rise.

The market is showing signs of a slight recovery as bitcoin prices have gone sideways during the past few days, I think this is a good time to start trading altcoin, there are a lot of altcoin are very powerful Now you need to plan your trade so that you can handle every situation that occurs when the bitcoin price fluctuates. I think the bitcoin price will be able to recover to $ 6800 then it will continue to adjust.

Trade with cautious because the market fluctuates easily. So if you are planning to trade, better to monitor the market 24/7 to avoid big losses. I'd better to invest on great altcoins and also with bitcoin, A lot of good technology that is really cheap right now look for that golden opportunity.

You can monitor the market as much as you want, it won't do much at all. If you trade the current hostile market you just have to accept that you will more likely lose than actually generate profits.

We're almost exactly experiencing what happened last year when we were going up. The only difference is that we are going down right now, likely back to the levels at which we started this bull run.

If that turns out to be the case, the $5000 mark will be a solid buy. It might go down a bit more, but you can't endlessly keep waiting and waiting. At some point it's time for action.

The most important thing is to make sure that you're on board before we pump back up.

No one know where we go and what will tommorow brings on the crypto feild. But we need to make some more amazing decision today on this huge dump. If we are going to buy and hold we can have the big opportunity to gain a huge amount of profit in the near future when the market is back to normal.

The market is volatile and if you are worrying for the market price to dump even more then try to read positive speculations regarding to bitcoins because there is a huge chance for the price anytime to grow up again because whales are going to start investing in the market.

In my opinion market is going to be more stable than it is, but this needs to be painful and hard to go through. So we will eventually or die completely,  or became something more than we are right now.

Recently the market is heavily going down. The down pressure is pretty much higher than the bullish pressure. According to me now it is going down until its next support level around $4700 level. If it will not able to stay at that level then the next level is $3000. I wish it will not happen.

The price of bitcoin at the moment is really worrying me, you can see that the bitcoin price at the moment has dropped below $ 6000 and is now at $ 5900, despite the signs of recovery. However, the buying power is still weak and I think it will be difficult for bitcoin prices to continue to recover in the coming days and will soon decline. I believe the bitcoin price will probably be about $ 5300 in the coming days.

I usually dont like the technical analysis and dont trust them much because many times they change according to the size of graph you looking at. I know there are lot of theories and stuff behind the technical analysis but most of the time they are not working in the crypto space or at least I have not seen the one becoming reality. As far as your graph is concerned I dont see any useful tips or predictions from it. Im pure fundamental believer and I think that BTC market behaves according to the investors investment! If there are bunch of whales pouring lot of money then surely market moves up. If not then it goes for stagnancy. Same thing with bad news, hacks, and much more! Thats what drives the BTC prices.

In the last months technical analysis has been quite effective actually. It mainly comes down to how there is little to no average joe activity in the market. If you have whales largely abiding by their analysis, and traders as well, this market somewhat looks like how effective stock market analysis is. The triangle breakout not that long ago actually proves that we are now dealing with more capable traders. Another major aspect is that every bottom that we have broken through has made the price test the bottom below in a firm manner. Currently all eyes are pointed at the $5400-$5500 levels....

For traders this is the nest opportunity to buy and to collect a lot of coins or in large quantity because the current market charges you very less as we know that the current price is even very less than the average price of the Bitcoin below 10k dollar. The current price is 6.1k dollar which is still a very low price and a trader can easily buy and collect a lot of coins which will benefit in high market.

we have some small recovery btc price was able to hold 5800$ and than jump to around 6400$.Lets see what tomorrow  will bring.Looks like most of traders was  watching for 5500$ now probably most is expecting move to 6800$.That is also my expectation

Around the financial markets, the topic of buying gold by many players and the potential collapse of the markets as the reason for going to gold is actively forced. This may be partly so, and in many ways just pumping the gold rate in the future. For us, another moment to remember that the rates of gold and bitcoin are well correlated on the charts, simply put, earlier, when gold grew, bitcoin grew and Vice versa...

That will be a good recover for the bitcoin price i think, in fact most of the investors have already waited for the price to increase too much and still they are holding their bitcoin, i think that now we can expect that the price of bitcoin will get some accelerator and very soon the bitcoin price will be trading above 8000$.

I know that will really happen soon but the problem is we don't know its definite time.So atleast we see already bitcoin price starts to recover and hopefully we will see our investments too also grow.Crypto market is such a volatile one so we should be patient enough in facing all this ups and downs in the market.

You can see that after the bitcoin rebounded to the $ 6500 level, it is now at $ 6300, as my analysis suggests bitcoin prices will probably continue to rise today. may touch $ 7000 mark. The market is showing signs of a slight recovery and this is a good time to start trading and trading. Have a plan in place to handle any situation that may arise.

6000$ is not a bad price but it is not selling price too, so we will have to hold for some more time so that in future we will get best opportunity to sell after holding, now it is good time to buy as almost everything is getting to digital system price is surely gonna be high, so market is getting better now but don’t think about panic selling I am sure soon price will be almost double so wait this month’s people are making positive analysis about bitcoin market.

We have 6300$ still,nothing move up and down  but if in next 24 hours  price will not move up
will one time again comeback to 5300$.There is not so much happen in fact volume is stil low
I v'e been reading on coindesk that Russian Qiwi is opening blockchain and crypto investment bank.It will be possible for Russian to invest in ico on platform
Russian BTC group is expecting regulation to be done in autom time
i think it can give crypto some breaktrough

This is a very positive technical signal for Bitcoin, investors can consider this factor to decide to invest in their favorite coins because in this trend will also help a lot of money. growth is back. Choose the potential coin to develop in this stage, maybe ICO if you really like the big risk and profit.

Doesn't make much sense to me. The longer Bitcoin manages to settle above $6000 the more likely it is that there is enough buy support around current levels. All visits below $6000 didn't last long and that's a healthy sign. It doesn't mean we won't be testing lower levels later on, but the dip that people were speculating about has no basis. Most people here are echoing what they read in articles coming from self claimed analysts and experts. The only thing that we can do is waiting for the demand to increase, which should allow the price to climb over $7000 again.


I don't consider the current volumes to be low.

Bitcoin's 24h volume is $4.7 billion.
Ethereum's 24h volume is $1.5 billion.
EOS's 24h volume is $620 million.
BCash's 24h volume is $560 million.

Yes graphs are showing clearly the fluctuations in market factors which show the price increase and decrease but all this is due to the demand rate which is responsible for its price controlling. Graphs are helping much in making decisions because it shows everything clearly and the precious history of the Bitcoin for example the value was low few days ago an today is with little improvement.

These things must not be told again and again. We assure to be here only when we already know the best things about what we are going to do. When bitcoin is low, prices are just near the bottom. So this would be best chance for you to make money. Buy bitcoin at such low cost, and then hold for long time. When prices will up, that will be the best chance again for you to make sell.

The market price is currently growing and it is back to $7k dollars, that is the reason we should invest a huge amount today while it was down to $10k dollars because the market prices will soon to pump up again just like what happened last year.

in any case, if the market returns to last year's indicators, then today's investment will make a good profit. But the fact is that there are some forecasts that the market will be able to survive even lower and this information is alarming.

It is to no doubt that bitcoin has had a decrease in price in recent times (which is being represented in the chart). It almost broke the 6k support range, which was immediately regained. With this, i believe the market is heading in its upward direction.

I think it will be great at the end  of year 2018 when considering the past charts and experiences

Sometimes people focus too much on technical analysis and while that is not wrong at the same time we could get that information by just using our common sense, the price is not going down as much as before because most of the people that entered the market with the FOMO are now out of the market because they got scared, so even if the price can still get down it is not going to be by much, so I do not see a reason to wait too long since the current prices are as good as they can be.

We had many ways to have our own decisions on how to handle our btc in terms of down fall time. It so happen that price may go down or up so we may see a down trend again and let's observe the market to expect what we expect to do. But this year I also believe their is good thing may happen for btc price can increase again.

In my own opinion, BTC price will probably goes up in the coming days.Last time I check,BTC price was at $6400 then as of now it has reach $6600 and a slight movement within $6500 at least.I hope this will be a good sign that a bull market is coming in.

Yes.We can already see good movements of price in the market in this past few days and hopefully this will lead into a more price increase in the coming days.So if we hold all those coins we have bought when price is still in dips,then we will be more profitable today if this price will continue to reach new heights again.

It is quite easy to buy currency or more valuable one especially the Bitcoin and Ethereum for rich people but they must have knowledge of market rules and principles. It depends upon the market situations and you need to work according to the market situations so as to handle everything in proper manner. In this low market the only benefit is to buy a lot of coins so the market may increase in the upcoming days so this is the real time.

I kind of think the market will dip ir rise in price as a result of fundamental analysis rather than on technical grounds.News are flooding the space almost every day.Hacks,government policies,EU,Whales,stocks news...the list is endless.Nice chart anyway,useful still

Crypyo marker is ups and down types market. Bitcoin is the most popular Cryptocurrency. The price of BTC randomly upsc and down . Bitcoin has emerged with stronger growth rate after such corrections and fall down with diminishing rate each and every time (with some exceptions to it), so I think that Bitcoin will head towards stability if this pattern continues.

May it be based in technical analysis or common sense, it is a possibility that btc will go upward. As of when, we don't know. It may go even downhill for the coming days but it will surely regain its upward trend. Much possibility and expectation it would happen within this year.

I suppose that our precious market is going right to the bright future, but for now it needs to go through many regulation processes and corrections, but is seems that it wakes up finally after long sleep

The market goes in upward trend, after a long time the value of bitcoin is slightly increase. The bull market starts fir bitcoin, the rise will continue hereafter hope so. All bitcoin holders are expect this time only. But the value of bitcoin needs more growth for that we have to wait for some more months. The market is going in increasing path so dont get panic wait with hope and patience surely the market will boom up by the end of this year.

I believe that the market price today will just continue to grow because people are starting to invest again continuously so we might can expect for the price of bitcoins to grow up to $20k dollars just like what happened last year.

The downward trend of the entire cryptocurrency market has not ended so investors should be prepared for themselves. If BTC can overcome the 7k-7k2 mark, it will grow strongly and I am very hopeful of this, it could be the effect for the market to recover.

Now bitcoin was close to a strong level of support and has not yet made it. The bitcoin is trading near the support level and this may mean that soon we can see a rise from the current price levels.

Yeah same as you I think we should have positive mind because no one knows what will happen to the price of bitcoin coming year, but as according to the market position and situation price of bitcoin will be high this year, more and more involvement in bitcoin is a positive sign for us, that soon we will see huge pump so gradually but constantly I think market is going forward to the higher price.

We always ask where the bitcoin market will go in the future? Its price has gone down too low. I am really depressed and distrustful. I wait for the market to recover. I'm worried I will not sell my coins. Currently I need money but low price.

It is good to observe the price chart daily and take technical and fundamental analysis of the market. You will better understand about the current situation and the coming as well. When you have knowledge of the market you will make right decisions on the right time and will be able to make profits in this worst situation. The price will grow again but will take some time.

http://ipic.su/img/img7/fs/2018-07-08_13-11-06.1531037941.png

The good news is that technical analysis is working. as we can see on the graph the lines of support and the resistance lines are working.
This means we can trade according this.

 I can offer the perspective of some one who was in the telegram since april, and participated in the proof of heart. No way I would sell around 100 sats, im sure some would but I worked way to hard for those tokens to sell them at 100 or even 320. In this market though its hard to know, if the bulls stay in control of BTC with this bounce I think you'll see it move to the upside in a big way. This company is the real deal imo, i've never seen anything like it in the cryptosphere.

Judging by the wave analysis, now we have the first wave of growth, roughly 5 waves will be in the region of 50k$. So we are waiting for a very strong pamp, I think the news will just be prepared for this.

Its really sad when the market is down and you need the money badly, this is why people are being informed that don't invest the money that you think you will need in the future because there is no safe profit in this market. The market will grow in the future.

What's happening with market has taken place in the past, but we didn't find it a big issue as the price were low by that time. Another thing is the fluctuations that took place were high in terms of percentage but in terms of value it is low compared to the present value. Taking this comparison it is easy to overcome the ongoing market situation rather than fearing and ending on unwanted losses.

It was some lean period in which the market kept on falling and dint start to rise. Now we are seeing some of the momentum in which it has started to recover it pace ans slowly climbing upwards to 7k target first.

In my opinion , market will be stable between 6000-9000 till autumn, i am expecting major changes after summer. If not, we can go something in these levels a bit more .

If I think the market goes down again for a while and maybe until the end of the year. People are afraid to invest now, but once we are at 3k. As we see now the market is slowly declining. I think the price will go down but it will pump again.

If Bitcoin can break through $ 7k to $ 7k2 then it will grow strongly, I believe that could happen during this time as the positive signals are taking place in the market. This is an opportunity for investors to choose good coins to prepare for the growth season at the end of 2018.

Market price is now in go signal as it turns green as of this time.Bitcoin price is now slowly but surely climbing up to the top.Last time I checked BTC price was at $6500 and now it reaches $6800.From time to time will be expecting more from bitcoin to rise up even better.Now let's set our goal to break the $7K margin for us to be confident that bullish market is now coming in.

Yes, Bitcoin looked bad a few weeks ago. But today the situation has changed for the better, there was a hope for growth. An ascending wedge has formed and if the yield is upward, I expect a rise above 7,000 thousand dollars for Bitcoin. This is an optimistic scenario. But the market is still very frail and the price decline is below 6000 thousand more real than growth. Therefore, I do not relax and wait in the event of a worse development of events and a price decrease below 6000 thousand.

If you are easily shifted from opinion based on a pretty simple increase or decrease, and it seems that more people are like that, then it clearly points out how easy it is to trick people thinking something is good or bad.

The market is exactly the same as how it was some days ago, nothing really changed, and there hasn't been any development justifying a positive change giving the market the confidence that it needs to go up.

Bitcoin didn't and doesn't look good or bad, it's pretty natural if you ask me. The only right thing to do is to dollar cost average and just wait for actual bullish developments to deal with the down trend conveniently.

You can see that bitcoin prices are showing signs of a strong recovery, at present it can be seen that bitcoin prices have recovered to $ 6900 and still showing signs of a slight increase. According to my analysis, the bitcoin price will be able to rebound to the $ 7200 level and then turn around and fall back to the $ 6300 mark.

you can see that after the bitcoin on the price of the bitcoin in the transparent through the day the day, the current time has diminished and adjustment light, the field is in the chu kỳ discount in long time because the bitcoin that will be next immorting any immeding any anyway and you will reo the two short short if the first length to bitcoin. the field will be able to be restore on the 7000 $ before continue.

No it is not going to happen, the price is going down once again, you need to understand that just because we are still looking at the market of bitcoin that does not mean the characteristics of the market did not change, in the past year we saw a very strong tendency to grow and then when the price crashed we saw a strong tendency to go down, right now there is not a trend, the price is just moving up and down, today the market is down and then it will be like this for a fews days and then it will move up again and it will continue this pattern for a long time.

BTC is a top cryptocurrency in this online market. most of the people know about Bitcoin but no one can say exactly when the market will be going because Bitcoin can't control any person or any company and any Academy so if you think Bitcoin will be hit in this end of the year around $20, 000 but your prediction is perfectly working? you can't say your prediction is properly working because cryptocurrency experts make a prediction but his prediction always not work properly but I think that in August Bitcoin will be going very faster and it will be touch around $15, 000

I completely agree with your opinion. But I'm looking at the technical analysis. Yes, globally Bitcoin is still falling and bears are stronger. But if you look at the chart, the situation changes slightly. We still need to wait for a global trend reversal. Bitcoin can not fall forever.

As users mentioned a trend reversal is highly expected to make a big change in the growth of bitcoin as well to reach a value above $15000. Right now even though lot of good things were taking place around the globe through cryptocurrency we haven't experienced any big increase which confirms that the bear trend still continues.

It's best if you knew it for yourself why a breakout was to be expected than just the fact your friend said so.
Here's what the market is looking like today- stop at yesterday since it's the Daily chart:
https://i.imgur.com/sY4ZcD1l.png

In it I see a couple of uncompleted Reverse Head n Shoulders formations, but the latest one is still a going concern and what I can make from it is actually intone with OP position - a drop to $6300 should be expected and a rally to $7300, some consolidation and then a test of the $8600 level and then the $10000 would be next in line.

For me the market is normal because if we compare today’s price with the price last July it is about double. It means that bitcoin is growing gradually. Forget about the big pump at the end of precious year. People worry about the dropping price of bitcoin but they do not consider the unnatural growth in the price which has been corrected now.

I agree with you and wait is the best option I have. This situation will running until end of year ( depend my analysis ) and that's why I leave the market for now. When see bitcoin in low price I want to buy but when see sideways in long term period, I cancel that option. Just keep patience and never buy until we see significant price moving.

In my own opinion, market will soar soon just like what happened last year because there are a lot of people today who are investing a huge amount due to cheaper prices of coins.

A whole lot of you emphasizes on that soon as if you know exactly when the market will be recovering or thinking the same thing that happened last year will simply repeat itself over again. One thing that is a fact is the bear trend is still on and we are not out of it yet. We all hope by the year ending, we should see some very good move to the upper side, but for now, we just keep our arms crossed. It would be a good thing anyway to see the possibility of buying lower than this eventually for the long run. Technically, we have formed a lower low and the buying momentum is far less than the selling momentum.

Nowadays so many people think about the bitcoin market but no one can say bitcoin market where is going. Some cryptocurrency expert says in August or September bitcoin must be growing and it can recover his previous market that means it will be hit minimum $20,000. I think it can possible because I follow previous bitcoin market price history.

Now the area 6000-6200 is interesting for purchase. On medium and long of course, there is no talk of any bullish reversal. While we are watching the bearish scenario and perhaps its local bottom. Completely from here there can be correction of falling upward to 6500 and going downwards with updating 5800.

The market is going to recover all the loss that all companies incurred,
it is great because from this many people can be satisfied in that situation and will not worried about the loss they incurred.

See what we can see right now the market is going right to the bottom of the earth,  and it's getting harder every day to believe in market recovery which is predicted by many.

The evolution of the cryptocurrency market is very bad and it can be deepened in the near future so investors need to have their backup plan in the worst case possible. However, I still hope in Q4 this year things will be better for the cryptocurrency market.

The market will keep on growing even more in the future because of investors in the market that is keep on increasing every year, and positive speculations that boost the demand in the market from every traders.

The market is going high and high. In the last three days the price increased about $700, it means that the track is upwards and i think it will reach to $10000 level very soon. Impatient people cannot make money from crypto because it needs patience and courage. This is the right time to forget about your coins for some time and check the price after a month.

I think we will go to 4-5k first before the next uptrend.

Its really hard and we can't imagine how market goes like this. Bearish season isn't yet over and we are still struggling from dips since from January. Hopefully there is a change in direction as we enter in the 3rd quarter and see pumps until year end. But we shall never expect more so it won't give us stress once it fails.

No, the circumstances of the last year are not going to happen again in a long time, what happened in the last year was the perfect storm, we had a price that was not moving for 3 years, the developers activated segwit, countries like Japan adopted bitcoin and the public interest in bitcoin was high so the price skyrocketed, now the bear market has only lasted a few months, the public interest in bitcoin is low at the moment, regulations are coming and there is not a clear sign that the LN will be fully activated soon.

There is not quite clear markup. It seems to me that Bitcoin is now showing us a complicated false breakdown at the level of $ 6400 and after the price has returned back to the top, consolidation will be expected.

People today are still investing even though the market prices are dumping and most of the countries today are legalized on cryptocurrency so we can expect higher demand before the year ends.

I think now Bitcoin will grow up to 7,8K$ next during next month. After that in the middle of august it will start to drop again. Also in my opinion Bitcoin will fall to 3K$ and may be lower.

You can see that bitcoin prices are dropping sharply recently, bitcoin prices have hit the $ 6060 level and will probably drop further. The market is in the downtrend stage so I think bitcoin prices will probably continue to fall sharply in the near future. Therefore, you should only invest in short-term in bitcoin and you should divide the investment to minimize risk.

I concur with you guys. Maybe for some, the direction we are taking is going down, and that we are heading to the lowest level. However, based on most of the thing I read here, the majority is still on the end of hoping and waiting for the value to bounce back. And me too. Bitcoin had established great brand and market. It was able to surpass so many challenges. Despite of this market crash, it remains standing and I know perfectly that it will recover. We just have to have patience because it may take some time.

Your assumption is somehow better. This seems natural and we hope this would become better for all of us. Now, what you have predicted is fantastic but there is no surety in it. Most of the times, when such price tags come in the market and such predictions are made, some people consider them as final. This isn’t final. This is just a predication that is based on some previous results.

Its going up down 360 and 180 degree.
A roller coaster roll and a dive.
leap of faith is there too.
no pun intended.

The market is going where the public is taking them and of course the manipulators too.
Sorry, but right now I am frustrated

You can see that the price of bitcoin in the last two days is showing signs of a strong recovery and at the moment it has returned to $ 6600, according to my analysis, the bitcoin price may return to $ 7300 level because So you can keep to that point to sell. The market is bearish in the long run so you should have a clear trading plan before trading to minimize risk.

I suggest to still hold your coins until you see the price starting its bull run again.Maybe we can expect more dropdown of price in the next days but instead of making panic,let's continue to grab the chance of buying cheap but potential coins.I'm sure the market will have its own time to stop from the bearish trend and may start the bull run again.

Probably, yes. I suppose we must not be in a hurry to take the wrong decisions and sell Bitcoin plus other altcoins. The market is not red constantly. It seems to me, it is swinging all the time but finally, the bull run will start.

Now this one I understand more than other graphs with a lot of lines.
Merited for sharing. Thank you.

I like how you are just guessing the price fluctuation and not saying it is an accurate one. We can never know what could happen.
True that we can wait for the right moment to buy but when is that?
It takes a bull you regret it takes a bear market we regret.
My opinion, get it now. It seems so low in my sight.

All are feeling panic because of the huge dump in the price in the early days of this year but nobody is talking about the huge bump in the price which was totally unnatural. People were happy because they were making profits but when the price has been corrected everyone is upset about the falling price. For me the price is normal and is increasing day by day.

Whatever the market looks like, i am only following the very basic principles my friend told me to buy during the price is low and sell when the price is high. No matter how big or small the spike be, you will always earn if you just do it the right way.

The market is going upwards and be patient it will grow more. Past has gone and the dip is going to recover in the near future. Now the market is green and the trust of the propel is building again. They are putting their money in bitcoin and due to this investment the market cap is increasing and due to high market caps the price is also increasing.

The market is everywhere in the world

It may break $6400 support in few days but whether it will go below $6000 or not is the real question so your predictions is not very useful for me because if it go below $6000 things will change.

Bitcoin market price has been staying within $7300 up to this time. If it remains this way until the end of the day then the market will probably be going up in the next few days. There might be an unfavorable slight movement of prices but as long as it won't go down further it would be fine because it's a normal thing. The important thing is that the percent increase is much better than the percentage when it decreases in value.

So the truth is that we touched $5,800 point and then we bounced up to $7,400. It is quite strange and amazing but it is what it is on the market right now and the most pleasant thing is that we are still hanging on this level not falling down.

I think bitcoin is going to move up from the current level.  It seen the bearish market is some how over and we would soon start to see bullish trend more often than before.  The volume has also started to increase and we can actually buy now as bitcoin is more of uptrend and at the same time increasing volumes.

we’re out of the bear market guys I’m confident this isnt a bull run that will take us out of this bear market
this mini bull run is mostly likely from the hype of the btc ETF announcement in 3 weeks and people are saying it’s less likely to get approved

The market has been continuously fluctuating, you can see that bitcoin prices are constantly adjusting over the past time and rolling in the long cycle down ahnj. You can see that while bitcoin prices are moving sideways, the price of altcoin is falling sharply, the market is showing signs of decline as in late December 2017 and early January 2018.

The fastest increase of bitcoin price is very surprising for all people and now celebrate the rebond of the value of bitcoin yes definitely there are have possiblity to decrease again their price according to your example chart possible the price go dump again, but i still stay believe bitcoin are strong goes into the moon before the year end.

You're quite right there about the opportunities for making money from the Bitcoin market even as is, though I foresee a hiccup in the ability to tell a high price apart from a low one, especially for a volatile market as Bitcoin. Given the prevailing market conditions, it takes a lot to remain a HODLer!

Actually it is not really surprising, it is already expected from the start that it can really rise by the end of this year. I believe that after the huge dip next is the huge pump and maybe the bullrin will soon begin. I think it bitcoin now is start rising maybe it will continue to bull run.

You can see that the market at the moment is showing signs of slowing down and down, bitcoin and altcoin prices are down. The market is showing signs of a sharp decline as bitcoin prices have started to fall slightly and prices of altcoin are falling sharply in the past two days. The market is fluctuating continuously and very hard to guess, it can be seen that bitcoin prices are constantly fluctuating and I suspect that bitcoin prices will return to the $ 7200 level.

I believe that the market is showing signs of downward adjustment, you can see that bitcoin prices are constantly fluctuating and adjusting strongly during the past few days, bitcoin prices have been adjusted down slightly and I think that in time You should start to exit USD and wait for the bitcoin price to $ 7200.

I think that with a market that is hard to predict, you should not invest in high risk altcoin.

Some investors keep harvesting BTC for the time being that can't be helped. Not all basis are in charts the last chart of BTC was going to the moon a pinpoint chart that is like a needle reaching the sky and the chart analysis was lost and other experienced speculators was lost for words even though they have th charts they were not ready for the pinlike chart in BTC.

So far so good, it simply does not look like there is the possibility of that very soon unless we just get to see a downtrend reversal. But, as per my analysis, I am not seeing any possibilities for that to happen. Yes, the market is all set to remain positive in coming days too.

As far as I know, this market still have more room to go further upward even though no one knows how far it would go. When the trend reverses fully though, I guess we will have to see it but that would be seeing bitcoin hit past $10k which in that case would be forming some higher high but for now, nothing serious yet.

I do not think like you, can see that the market is bearish in the long term so the bitcoin price at the moment will continue to fall sharply, the recovery of bitcoin in the past few days I think It only lasted in the short term and the current price of bitcoin has started to decline. I believe that at this point you should exit the bitcoin and wait for the $ 6800 support to buy bitcoin.

A few speculators continue reaping BTC for the time being that would not benefit from outside intervention. Not all premise are in graphs the last diagram of BTC was heading off to the moon a pinpoint outline that resembles a needle achieving the sky and the diagram investigation was lost and other experienced examiners was lost for words despite the fact that they have th diagrams they were not prepared for the pinlike outline in BTC.

It is funny thing that usually our predictions is not completely proper because all of us are thinking that bitcoin will go down instead he goes up significantly up to the $7500 in July, instead of falling to $3000.

In the few weeks, there has been some green up in the market, and which made the entire market/altcoins green within the period. The rise of bitcoin will be on a low level rise, the bull run will come, but won't be so soon.

Fair enough the market will be higher once again and then we will get good reward of our patience and our trust about crypt currency, price of bitcoin is getting higher now because more and more people are now involving the crypto currency, today all over the world bitcoin is being use as best trading coin and as best investment so I really have fiat for the market that it will be high soon.

right now it is going up 16% up in 7 day. THIS IS CRAZYYY ??? What about upcoming ICOs? In which you will invest, I'm waiting for any feedback ;) ;) Here is my personal choice - Kelvin Blockchain (https://klvn.io/) - very interesting upcoming project that will base on quantum processors technology :) Good Day to everyone! ;)

Charts in crypto world do not work. An attempt to judge the price in the future by the past values will only lead to a loss of money. It is better to study the news and watch how the market reacts to them.

You can see that in recent days bitcoin prices are constantly recovering very strongly, at the moment the market is very active, the price of bitcoin increases has increased the price of altcoin and we can see that market Schools are uptrend in short term. I believe that you can easily trade at this time without fear of bitcoin prices will adjust down.

Ups and down is always there in bitcoin market, I think that after a long time now the bitcoin price has started increasing its price. To me I do not think that there is any chances for the bitcoin price to dump anymore because the bitcoin price is already trading too much low and there is very little chance for the price to dump any more.

Hope, it can gain even more. Today, more people are psychologically ready to invest in the cryptocurrency. They started to accept Bitcoin. Therefore, the price of BTC can start growing rapidly.

If you have time to check your blockfolio few hours ago, the price has got until $8k which indicates a good signs for the price to rise even more. Most of the people who seem to know bitcoin through its rising value is more eager to find ways on how to invest their stagnant money. By the coming days, they're be able to create a decisions that will make their lives much wealthier and through the potential profit of bitcoin which could change their lives.

The market is going down and down. There are some corrections on daily basis, as we saw that yesterday the price was below $6000 but now it is more than $6300. The price is not stable and it is not only bitcoin but almost all cryptocurrencies are falling and growing on daily basis. I think it is best time for professional crypto traders. They can make huge profits from this situation.

You can see that the market has been experiencing very positive signals recently, bitcoin prices have been increasing steadily over the past few months, so I believe that at this time you can buy and commercial bitcoin.

Currently, bitcoin is at $ 8100, in the short term the bitcoin price may return to $ 8800 and the medium term may return to $ 10000. So you have to plan for yourself.

On the charts you applied, there was a very strong level of support around 6 400 $, which never managed to break through. Therefore, now a small rollback of 200-300$ is possible from the current price and then a sharp increase.

Today Bitcoin’s price is 7318 US dollar which is a good price at current stage as it is not lower than 7k US dollar. Now the price can go higher than this current price and our only focus should be the buying rate, with increase in buying rate the value of Bitcoin will increase. All we want is to make a huge collection because this times the market charges us less for Bitcoins due to this clear benefit come and benefit your self too.

Your post is more on speculation. Well based on what i see you are seeing a little bit more dump in the market. But, in the chart clearly pass the downtrend and now we are in good uptrend waiting only this approach in etf if it will be successful or being rejected by SEC.

I don't know if any of you guys follow the Bitcoin futures data on Bitmex and OKEx. But right now we got crazy open interest, and we got crazy amount of longs on both platforms.

On OKEx there is a crazy trader which has a ~$500 million open long position and on Bitmex the Dec premium is over $200 because the funding rate is high.

This only means one thing. In the near future we are going way way up or way way down...

If you are waiting opportunity for Bitcoin go down 3k-6k to buy, it is very difficult to make money. Why do not you dare to venture to find good luck for yourself.

Below 5000-6000 bitcoin will not fall, miners will not, no one will sell bitcoin at this price. It's easier to wait out this moment.

it is proven, and Bitcoin price now up as well. and buy support is higher than that rate i think. some people already bought in high price wouldn't let bitcoin price fall, they always know how to get profit from that

The market is showing signs of falling, as bitcoin prices are starting to decline while still in the uptrend in the medium term, prices of altcoin are constantly falling, I am very afraid bitcoin prices will be able to continue. reduce amnhj. You can see that the market is fluctuating continuously and is in the bearish trend in the long run so the bitcoin price could drop sharply at any time.

When it comes to BTC coins, it will be the strongest penny this year and forever, BTC will go to the moon at the end of this year, many people predict and now the purchasing power of BTC is increasing. over $ 8000 and I know that they will continue to increase.

The reason why cryptocurrency is very profitable even though the market price is low or high is due to the volatility of the market, traders do really like this drastic changes in order to multiply your coins.

The market isn't doing well with the new pump of new or something else I'm not aware is driving the market down but I'm hopeful that this is temporary and things will start improving soon.

The market is having a very big fluctuation when bitcoin prices are dropping sharply and correcting at $ 7700, I believe that if this region breaks the bitcoin price could fall to $ 7500. Therefore, I believe that at this point you should exit the US dollar in order to preserve capital and profit, the market is fluctuating continuously and bitcoin prices are returning to the bear market.

apparently you have long looked at the market. I do the fact that for today the price for Bitcoin has again dropped to 7 750 dollars. Such a decline may again indicate a bad market condition in the near future. I think that predicting in this direction will be something very difficult.

My opinion - now should be waited a little bit, at least till August 10 and I think you know why. Many hopes for this date also should be put "stop" if you are in a position now, I think on 7100, but to be constantly ready to come into the market back, and I don't tell it about altcoins which are just "at the bottom" now

Market will be acting like this till maximum October. People will buy and sell and it will rise big and dip big as well. At the moment its still tough and just a mere speculation if from now it will rise to all time high or not.

You can see that the market is again continuing its down cycle, you can see that bitcoin prices are constantly fluctuating and adjusting strongly yesterday when falling from $ 8200 to $ 7700 mark . At present, bitcoin price is still adjusted at $ 7700 level, the decrease of bitcoin price causes the price of altcoin to decrease and create new bottom. I believe that at this point you should not trade to be able to minimize the risk.

If Bitcoin drops below $ 7k4 then the market will continue to decline so strongly that at this point investors need to plan to be able to continue investing when the market recovers. It is necessary to stay calm and to make informed decisions.

The market is continuing to decline, you can see that bitcoin prices are continuing to decline in recent years, the current time is constantly falling sharply and is adjusted to the $ 7800 level. The price of bitcoin fell sharply, the prices of altcoin continued to fall further and the market continued to go down.

I believe the market will continue to fall sharply until the end of 2018.

Bitcoin is really unpredictable we cant tell when it will increase its price again but I think this year is a good year for all of us. We need to be patience in crypto to make it increase again especially bitcoin.

You can see that bitcoin prices are going down sharply, the market is showing very bad when bitcoin prices have dropped to $ 7,500, according to my analysis, the bitcoin price will continue to fall sharply in time. and may drop to $ 6800. If the $ 6800 mark is broken, the bitcoin price could fall to $ 5100, so I believe you should get rid of the bitcoin at this point in order to preserve the capital.

Don't worry market will recover recently we have seen some growth from 6200$ to 8500$. Before reaching high value it should go down below to 7300$ and again it will cross the value more than 9500$. Everything we have to watch closely until it reaches high value.

OP's conclusion about breaking the $6k support is correct but we are still not sure if after that, the market will start to recover and rise again. The large volume that made the dump is clearly from the people who FOMOed from last December so I expected a painful drop this year. And not its hard to convince new people to invest that is the missing factor for a huge bull run.

Except for whales I guess, since they are the ones who are the market makers anyway and we are all just some puppets dancing to their tunes. It is one thing that I have noticed so far, which is the fact that technically, the market is highly volatile with a lot of manipulations and it takes extra carefulness to be able to get the best from it. For now, we just have to keep watching how far we will go high, Yes the chance of $20k is still there within this year.

I am still afraid of mtgox guy as I do believe he was the big force to drag back bitcoin prices from $12k to $6k levels. If he plans to sell some more coins after recent push back then we may sadly need to go back to support zones again.

We all know this thing that this crypto market is very much unpredictable and that things change quite rapidly especially when it comes to that of the market values of the crypto currencies. Since last few days, we have seen a much positive trend in the entire crypto market and that there are much brighter chances that soon the market value of different crypto coins will rise even higher.

This must be disclaimed as prediction. Nobody knows what is happening in the market and how it will behave very next moment. There are hundreds and thousands of investors throughout the world so one man can’t perceive the ideas of every other investor. Thus such assumptions must be declared as assumptions and need to be out just claimed as guesses.

Speculation is exactly what it is and no one ever attached certainty to their predictions, but being that trading is one of human endeavors where human nature and psychology can never be discounted, it stands to reason that certain behavioral patterns are recognizable and traceable. Knowing that history repeats itself, therefore predictions made on some of the observations, have proven to come to pass most of the time.

A case in hand is the current resilience seen in Bitcoin. While most altcoins have plunged, Bitcoin is still holding strong above the $6500 price level and that is attributable to traders and investors positive disposition and anticipation for SEC approval of a Bitcoin ETF in about 3 weeks time. You'll see the price of Bitcoin will continue to firm higher as the day draws near and would likely breakout if any of the applications got approved.