Right now the market is good to stabilize, and the same is predicted to fluctuate within $9500. This is good opportunity for the day traders to get a regular profit. Probably the market will tend to change by the end of ongoing month marking its $10000 price by the month of December. Once after that can expect more growth to happen.
Usually the wedge gets smaller and smaller with each iteration of a scalp, so we'll see how much longer we can stay in this range. To be honest, I would expect a much wider ranger between low 8000s and spikes to a bit over 10000$. Guess Vegeta would be proud of it or just go insane  I'm currently waiting for a drop and very much like the following trading range idea of ProwdClown:  |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
I believe there is no wrong in reacting to the fluctuation. The problem why we lost during these fluctuations because we had choosen wrong choices such as buying instead of selling when price pumped and selling instead of buying when price dump. If we timed our buy and sell right due to our right decision, we will see that reacting to the fluctuation is pretty profitable than just going idle what ever happen to the Bitcoin price. Just try to profit a bit from the swings with a small portion of your holdings. Nothing bad of making a few 100s$ here and there, on the plus side it keeps you awake to the market and you won't hibernate when the rocket starts to burst again. Guess it's time to make a long-term plan for the next coming 2 years just not to panic if it really starts to get wild again. |
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Whenever I want something to happen, it never happens!  On that basis, I think it could dump but only after a pump e.g. 40000 to 30000. I can't see it dumping from where we are now. Too far from what I am looking at. That is almost moon. Is that a practical number for this year or the year of the halving? Before it can take that much value we must pass the last ATH again which had been too much questionable in the eye of the world government. How do you think bitcoin will end up to that price? Or are you just fooling around? I dont think bitcoin will dump before halving. As you can see the movement of the price of bitcoin it seems that we might see a rather stable market or if not the price might remain or stay at the price of 9000$. Se do not know if this price might fall or might rise. For me, if there will be a new coming bull run in this last quarter of the year 2019 we might expect that before the bitcoin halving the price have a chance to surpass its all-time high price. I still believe that its more on the bull run than in having a bear market. Let's just hope that the next CME futures ending won't start this crazyness again. ^^ |
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Really don’t get why anybody would be selling now. Surely it makes absolute sense to wait until at least a year after the halving but maybe that’s just me.
It's daytraders looking for a cheap entry and a few long term investors who are still on the sideline. I personally will go all-in the moment we might drop to 7300$. My current Bitcoin allocation of 90% is not satisfying enough. |
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This evening was amazing. See you all in a year again  |
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Doesn't it mean that they re done buying the starter amount of coins to launch the project ?
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rofl  |
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We can breathe again !
Bitcoin bull markets are a pain in the ass to trade.
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So you're still sticking to your 9,5k then 2,5k speculation ? Even when we just reached 11200$ ?
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It's starting to get interesting.
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Speaking of all made calls after the event happened is always easy, true BTC'ers as myself (true to the bone) are the ones that see and read and hear all those calls but just think nice or yeah or ... but whatever we HODL and will see what happens, why cause we believe in our product and in what it will achieve as I read here you are a BSV kinda guy believe thats the real deal, then act like one and sell all BTC for it, cause I sure AF don't own any BSV and I will not buy as its below more as most of the sh*t-alts imo..... I will never support that whats coming from a proven fraud, and will always advice people to stay off that sh*t... Then I have read tons of guys making right calls and tops and bottoms and whatever, still most of them will be losing there money of there BTC of whatever..... Also have seen more making mistakes of course and when there call was wrong they just popped up with another one until they have a correct one Please do not be another idiote to prefer those sh*tcoins over BTC. Then again do as you please and be left behind, and your dumb f*** following boys as well. (its not mine or torque's or not any BTC'ers loss .... it will only be yours) Even tough I'm totally on the opposite side of SgBett, but stop with this arrogant elitist bullshit. You witnessed just one bubble, and this capitulation never felt like a real capitulation compared to the one in 2015. If he wants the coin with Gigamegs( ) blocks, let him have it - we're all grown ups here. Most of his calls were pretty good so far - at least give him credit for that. But everyone loses his magic at some point(i.e. Masterluc), so maybe this time it's SgBetts turn. |
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Why would I hate women? I don't even hate black people or jews. If a racoon gets into your garbage, you don't hate the raccoon. Similarly, if one is aware of the predatory nature of the female, or the likelihood of a random colored person to steal your bicycle or try to kill you for no reason, it's pretty much the same thing. You just recognize the problem, adapt and overcome.
Wait, so by that logic are you saying that we shouldn't hate you either? That we should just accept you for a retarded self hating jewish Nazi who's parents were brother and sister who just got too close to each other one night, and who can't stop parroting that BTC is somehow not decentralized because no girl would touch you? Thus we should just adapt and overcome that by just ignoring you? That's the deepest thing i've ever heard you say roach This just made my day xD |
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There are no dips anymore on the menu.
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Who else is waiting for a dip ? ...  |
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Curious how the market will respond in the next hours to the hack.
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 So it's this time of the year again. Had to dust off my little Bitcoin |
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Username: Wexlike
Post Count: 1035
SegWit BTC Address: 3DhVRFF9sM88SWF7jrGFyNG3jpZDCNwRy2
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Greater demand, to put it simply. This will come from further development of the protocol as well as user-friendliness. It won't take much to pump the price given that bitcoin is very mildly inflationary.
Thats the key right? then the question is, what can make demand go up high? legalization? good news ? halving or something else? to penetrate ATH we need a lot of it, marketcaps must be higher than 300 million dollars, do you think we can make it? Both the demand and supply do play a key role in cryptocurrencies price increases or decreases. I think if the supplies are limited price will definitely sooth up and that is what we are expecting by may next year. Bitcoin is going to halving and that is going to reduce it minining out put by half and the supplies we reduce why price is going to sooth up. Firsti of all, we have to break with good volume the $4150-$4200 area that will probably drive us at the $4430, 0.382fib level(dead cat bounce) of the whole drop since 6544 and also 1:1 extension After that local resistance we are probably gonna test the $4150 area as a previous Resistance that will try to perform as Support and the middle line of the channel we are moving in Successful retest means we are heading towards $4840 that is the 0.5fib level of the drop and the 1.1414 extension+the upper line of the channel As we have enough volume for this rally we might reach higher targets around $5120 the 1.618 extension and even higher at the golden ratio $5240-$5350 area |
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If you're looking at the proce as the only indicator, then see, we are at $5200 with hardly 2% of the world population. Think what will happen when the adoption goes up to 10%. Think about the amount of demand we will have. That increase to $19k was inorganic and everyone knew it wont stand. Look long term, leaving the spikes of 2017, we are pretty much going up. Btc definitely have future even if you're considering only price point of view.
That is the point that many of the cryptocurrencies enthusiasts are finding very difficult to comprehend. Just 2% without governments approvals or adoptions and we are at were we are today then think about five to ten years when we are going to have many people adopting and use it! Currently, the BTC price is on the curve support line which is pulled from the bottom at 15. December. It has touched it three times and now it is the fourth time to make a higher low point on the curve support line. There is even - a bit sloppy but still readable - bullish chart pattern called Inverted Head and Shoulders . Right shoulder is exactly on the curve support line and there are also some EMA lines which should act as support levels and together with other criteria they make this area even stronger. Altcoins have made some decent "recovery" within several hours and those indications will lead us into the short-term upwards movement which should guide us above the $4,000! |
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