BTC back to 1,200+

[notme]

I thought this  morning is the start of btc price to go down cause when i wake this morning the price was at $1100 so i think that etf is rejected. But now were fully back at 1200$,seems that etf rejection has no big impact on btc price.

https://twitter.com/maxkeiser/status/840346004427853824

The reason to buy Bitcoin is the same as reason why SEC rejected the ETF. Can't be regulated. SEC confirmed no. 1 reason to own Bitcoin. 🚀

[ivanst776]

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

There was a huge drop of the price yesterday, almost -$230 which is really a lot for a coin like bitcoin nowadays.

I think that bitcoin has taken attention in the media when it reaches the highest price for many years (or ever), even though many price crashes that are happening bitcoin is still trying to recover and be back to $1200 which I think is not very hard to be reached within few days. I think that many people who were skeptic to invest in bitcoin were waiting for a price crash in order to invest more.

[rainingbitcoins]

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

There was a huge drop of the price yesterday, almost -$230 which is really a lot for a coin like bitcoin nowadays.

I think that bitcoin has taken attention in the media when it reaches the highest price for many years (or ever), even though many price crashes that are happening bitcoin is still trying to recover and be back to $1200 which I think is not very hard to be reached within few days. I think that many people who were skeptic to invest in bitcoin were waiting for a price crash in order to invest more.

Price has gone down due to ETF disapproval and many people would have bought bitcoins at lower price but its good to see that it didn't go below $1000 level or else we would see panic selling and may be price can go even lower in next few days but if you can manage to hold them till the end of the year then there is nothing to worry as price will recover by then.

[Humanxlemming]

Yesterday I thought bitcoin will climb up again to $1200+ but right after a day after, I saw in the trend graph it decreased again to $1100+ again. It was still a minimal drop since the last big drop and hopefully it will be recovering, and demand will also takes place and people will not dump it all to panic selling. We should stay calm and relax our minds on this situation, and always stay focus on monitoring the price from now until the month of march ends.

Yeah just relax don't sell as our bitcoin from now, just wait until the next pump surely it will pump again by the next of this month, from now the price of bitcoin is 1176$ wow! Its high a bit enough for me, 

Just stock all your bitcoin and don't be a panic seller

[Proficient]

Bitcoin is still pretty stable and will continue to be.  The ETF did not destroy Bitcoin, far from it.  I think this shows the strength of the community and that people are properly in this for the long run.

[The Sceptical Chymist]

This market is like a goddamn clown college sometimes.  I'll admit I didn't really understand the significance of the ETF thing--I don't have a great background in finance--but I could tell a lot of gamblers drove up the price because of it.  The drop we had was nauseating, but we've come back pretty good.  I expect we'll hit $1300 soon enough, but that's just a guess.

[darkangel11]

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

Don't be. They made their choice. Wanted to play the market and the market played them
The price is still low. They can buy back and move on. It's only a small loss compared to the money we will all make on bitcoin in the near future.

[jakelyson]

Bitcoin is still pretty stable and will continue to be.  The ETF did not destroy Bitcoin, far from it.  I think this shows the strength of the community and that people are properly in this for the long run.

Quite right, even when it dropped below 1000 when the ETF was disapproved, it immediately recovered. This means that there are a lot of buy orders waiting and in support for bitcoin. It will not easily crash like the others are speculating, at least not yet and not because of ETF failing.

[Sniper44]

Bitcoin is still pretty stable and will continue to be.  The ETF did not destroy Bitcoin, far from it.  I think this shows the strength of the community and that people are properly in this for the long run.

Quite right, even when it dropped below 1000 when the ETF was disapproved, it immediately recovered. This means that there are a lot of buy orders waiting and in support for bitcoin. It will not easily crash like the others are speculating, at least not yet and not because of ETF failing.

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

[shield132]

Maybe we will still achieve higher than 1200$ because now is 1180$ but to my mind people had to keep this prise stable but as we see many people sold bitcoins near 1100$ and that's really bad. We mustn't let bitcoin's price to fall and we must try our best to keep it rising. I still have hopes and maybe we will get stable 1300$ because we saw in winter that bitcoin quickly rised from 600 to 900.

[Seansky]

Well im sure we would achive price ranges above 1200$+ if this price ranges that we see right now continues to be stable. It is good and healthy for bitcoin since it makes more people to trust it if it is stabilizing to a price that can be considered big on bitcoin history. I hope in the future we will see bitcoin reach new heights.

[addicto]

Well im sure we would achive price ranges above 1200$+ if this price ranges that we see right now continues to be stable. It is good and healthy for bitcoin since it makes more people to trust it if it is stabilizing to a price that can be considered big on bitcoin history. I hope in the future we will see bitcoin reach new heights.

That is true price can spike at any moment because it's much hard to predict what is going to happen there but I also sure about this it will be $1,200 very soon. This time price will remain stable at this level so that it is nice to hold them for some time.

[iqlimasyadiqa]

Maybe we will still achieve higher than 1200$ because now is 1180$ but to my mind people had to keep this prise stable but as we see many people sold bitcoins near 1100$ and that's really bad. We mustn't let bitcoin's price to fall and we must try our best to keep it rising. I still have hopes and maybe we will get stable 1300$ because we saw in winter that bitcoin quickly rised from 600 to 900.

I expect prices will not be under 1100USD. this time we have seen how bitcoin prices experienced a very good stability. many things that affect the price of bitcoin. so it is likely the price of bitcoin is above 1200USD.

[1Referee]

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

It wasn't that people themselves dumped the price down to below $1000 levels. It was more the result of stop loss order triggering each other, where you see a short lasting deep red candle. I am quite sure that a wealthy entity has done that on purpose. Especially when you also take the massive green candle that resulted in a peak at +$1350 levels into consideration. It's a way to eliminate the "competition" (often referred to as small fishes).

[nizamcc]

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

It wasn't that people themselves dumped the price down to below $1000 levels. It was more the result of stop loss order triggering each other, where you see a short lasting deep red candle. I am quite sure that a wealthy entity has done that on purpose. Especially when you also take the massive green candle that resulted in a peak at +$1350 levels into consideration. It's a way to eliminate the "competition" (often referred to as small fishes).

But then, it is also remarkable that the prices didn't rumble down too much below $1000, as everyone thought the values to be going down too much with an expected declining ratio of 50% which was predicted to be $700, but it didn't happen, so this shows that these "wealthy entities" are losing control over bitcoins because of its spread amongst the world.

[xIIImaL]

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

It wasn't that people themselves dumped the price down to below $1000 levels. It was more the result of stop loss order triggering each other, where you see a short lasting deep red candle. I am quite sure that a wealthy entity has done that on purpose. Especially when you also take the massive green candle that resulted in a peak at +$1350 levels into consideration. It's a way to eliminate the "competition" (often referred to as small fishes).

How its dump because of the people. Price is depend upon the supply and demand. There many investment on bitcoin related business and block chain technology from the year 2014.
Sure price will be driven to 2000$ before this year ends. Due to mining reduced in last halving this effects take first in September. From that time to now we are seeing raising face of bitcoins except one dip.

[cellard]

It feels good when you can reuse threads like this to point out the fact that indeed, bitcoin is now soaring again above $1,200. Bitcoin has defeated the ETF hype, it has defeated the approval of the big fat banksters, we can't be stopped.
The only thing need to fix is getting rid of Roger Ver, Jihan Wu and the rest of BUcoiners.

[Hullo]

That is mind blowing how bitcoin made comeback so it's proving crypto world belong it. I've great great hope to get back on ATH again.

[BrewMaster]

That is mind blowing how bitcoin made comeback so it's proving crypto world belong it. I've great great hope to get back on ATH again.

i was thinking the same as how this topic is old and yet price is the same but if you look back it has taken a very long path with lots of bumps to reach here!
$1221 right now

where are all the ETF bullshit guys who said we will fall to $800!

[1Referee]

But then, it is also remarkable that the prices didn't rumble down too much below $1000, as everyone thought the values to be going down too much with an expected declining ratio of 50% which was predicted to be $700, but it didn't happen, so this shows that these "wealthy entities" are losing control over bitcoins because of its spread amongst the world.

You clearly have no clue about how trading works and how wealthy entities on purpose trigger buy and sell orders for their own benefit. Also, I am sorry to say, but only noobs expected the price to crash down with such intensity. ETF would be a welcome tool that had the potential to push the price sooner to yet unseen levels, but regardless of this ETF or whatever other tools, the price will increase anyway. It will only take a longer while, but that's all fine. People prefer a slower but more sustainable growth over pumps resulting in peaks that don't last very long.

How its dump because of the people. Price is depend upon the supply and demand. There many investment on bitcoin related business and block chain technology from the year 2014.
Sure price will be driven to 2000$ before this year ends. Due to mining reduced in last halving this effects take first in September. From that time to now we are seeing raising face of bitcoins except one dip.

Lol, you're mixing up things. I would suggest you to invest some time into knowing what trading is.