Under 570 $ we go down again

[BiTiB.eu]

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$  will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

[1714133090]

1714133090

[1714133090]

1714133090

[Lionidas]

No not really
I see it as a steady climb upwards. It is $572 now and I see it going up by the end of the day to $580~ish again. It still is time to buy though before it does.

[MingLee]

No not really
I see it as a steady climb upwards. It is $572 now and I see it going up by the end of the day to $580~ish again. It still is time to buy though before it does.

It's definitely slowly climbing upwards, I'm thinking that we might go above $600 again by the end of Saturday, if it takes that long. The market turned downwards because of the hack and the selloff pushed the value down, but I have a feeling some bullish investors are going to be buying up fairly soon. There might be a bull run in the making right now, and I have a feeling investors were holding off and waiting for a dip like this.

[danfoda]

It will climb up, and I think this will be the last year btc is below $1000

[Sniper44]

the support is there and you are not looking at the right place. and price has been climbing up nicely and with little trouble because the way is smooth with little resistance.

although with bitcoin there can always be more drama and things change but right now the situation is as i described.

p.s your post is in the wrong board, it should be in speculation.

[tyz]

Look at the chart. The price was even under $500 yesterday and the day before. Now it climbs again. It was a unique reaction on the Bitfinex hack. There was a lot of mainstream media coverage which hurt Bitcoin.
I personally think that the correction is over. We should see $600 soon again.

[socks435]

Bitcoin price right now the movement of the price is fast compare in the past few days when the price of bitcoin is in 600 level.. now the price of bitcoin is fighting and i think the price of bitcoin will increase back again in 600value.

[vero]

Look at the chart. The price was even under $500 yesterday and the day before. Now it climbs again. It was a unique reaction on the Bitfinex hack. There was a lot of mainstream media coverage which hurt Bitcoin.
I personally think that the correction is over. We should see $600 soon again.

I catch that signal too, the price of bitcoin down it's just manipulated by big trader to push out the panic people who hold bitcoin so just wait in a week more we can back to reach $600++.

[Bit_Happy]

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$  will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

Do not buy "Under 540$" (since it will go lower), but make sure you do buy on a "Bull signal only over 600$" ...?
I understand the "signals", but short-term traders can (slowly and steadily) make a fortune off of doing the opposite.

[European Central Bank]

there's not much point declaring anything until what bitfinex intend to do is a little clearer. and then we might find out what their customers intend to do if they try to wriggle out of doing anything to compensate losses.

this ain't a very encouraging sign - https://www.reddit.com/r/Bitcoin/comments/4w2xgr/bitfinex_margin_funding_insurance/d645vjg

[extrabyte]

With the recent moves of bitcoin price seems that the average today is ~$570 and so will probably be for the next few days. We hope that bitfinex will find the hacker through their blockchain specialist/analyzers and return the stolen bitcoin.

[BiTiB.eu]

I'm quite sure that we test 550 in late night -early morning

[Bestwishes745]

No not really
I see it as a steady climb upwards. It is $572 now and I see it going up by the end of the day to $580~ish again. It still is time to buy though before it does.

Yeah, the price is now better , we are once again going to upward, it was only a smaller dump for a shorter time because of bitfinex hack,  bitcoin is a stronger currency with a bigger market cap and any of its drop will not be a permanent dump but will recover to higher sooner.

[Tanic]

I am sure that the price for bitcoin will come back on the same level like before Bitfinex hack, now it is 569$ per 1 BTC. No reason for panic, but people who wish to earn on price difference they have to catch this moment to buy bitcoins, it's gonna be sure method to earn.

[PsursV]

yes that is fact that the price are unexpectedly down because of some bad news about an exchange, but it is a temporary downfall and hope that the price of bitcoin is now raising again because people regained the confidence of bitcoin and hope that this time the price of bitcoin is going to cross the 1200 level very easily.

[Supercrypt]

I am sure that the price for bitcoin will come back on the same level like before Bitfinex hack, now it is 569$ per 1 BTC. No reason for panic, but people who wish to earn on price difference they have to catch this moment to buy bitcoins, it's gonna be sure method to earn.

Yes, bounce from here is inevitable. This must be a better chance to buy more bitcoin as you might get chances to double your money by end of this year or might get chance to earn 30% to 50$ in very quick time like in weeks.

Yes, I am sure within this August month, we are going to see bitcoin prices testing $800 price levels regardless of recent exchange hacks or anything else.

[Doamader]

Well i believe bitcoin may hit the 700 dollars till end the year, if it will be able to cross those value and reach the 800 dollars its another question. Bitcoin is just reacting to the recent hacker attack, and maybe those attack is already dumping the coins in small portions making bitcoin crash.

[useless4]

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$  will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

is that just an advertisement for a website? i dont think that the price is going to stay so low, the only way right now is to go up in the future

[purebitco]

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$  will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

the price will not go down that much, people are rebuying their bitcoins right now and we shouldnt be too much concerned about it in order to buy bitcoins

[155UE]

I'm quite sure that we test 550 in late night -early morning

It has tested and surpassed that mark already.
You got another for this evening at $580 and the morning will be now?
I am thinking it will reach above $600 by morning and surpass $650 once the weekend is over.
I could be wrong though.