topper26 (OP)
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May 27, 2017, 04:17:52 PM |
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Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
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pooya87
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May 28, 2017, 04:32:54 AM |
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i hope so. but i can't help but feel it is too soon to rise back up again. the dips usually take a little bit longer than just one or two days at the bottom. we may very well see $2000 tested again and another stable accumulation phase.
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crairezx20
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May 28, 2017, 04:44:14 AM |
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Looks like the price today was increase back hoping that it will increase more soon.. and i think that is why the price of bitcoin was decrease there are still whales trying to dump their bitcoins but looks like they are not successful the price still increasing this time again. And i think this coming few hours someone will dump but it will increase again back just check the movement of the price today in bitcoinwisdom.
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lottery248
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beware of your keys.
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May 28, 2017, 05:07:04 AM |
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it is surely going up soon, because the recent dump is just a form of 'breathing'; in order to let the bitcoin higher and more stable on its price. even china won't be able to continuously pump it, else china would go bankrupt. btw AMD cards are being sold out for mining bitcoins; most likely because of that fever in china. let's see if bitcoin will go far up again.
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out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded i am not really active for some reason
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danherbias07
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May 28, 2017, 05:09:00 AM |
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Glad to see it back up. Blessed are those who have bought at the right time when bitcoin gets lower in price. I hope I have the spare money to that too. But all are invested now and all I can do is wait and hold until it reaches the price that I really want. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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DustyRah
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May 28, 2017, 05:16:47 AM |
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Sell while you can and take profits, good deals always come around to buy back in.
Of course you can wait for the price to reach your target if 10% chops are not your kind of deal.
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coolsai
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May 28, 2017, 05:17:53 AM |
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Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
I think it will start going up strongly again soon but its too early to tell if the dump has completely ended.
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kwukduck
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May 28, 2017, 05:39:26 AM |
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I doubt that very much. Based solely on TA we will see a small recovery and another big dump that would take us to 1500-1700. Selling during this small recovery seems a smart move.
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zoolander
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May 28, 2017, 05:59:36 AM |
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I doubt that very much. Based solely on TA we will see a small recovery and another big dump that would take us to 1500-1700. Selling during this small recovery seems a smart move.
QUACK! QUACK! I was planning on waiting it out a bit longer - but this is very bullish. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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adroitful_one
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May 28, 2017, 06:21:35 AM |
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I doubt that very much. Based solely on TA we will see a small recovery and another big dump that would take us to 1500-1700. Selling during this small recovery seems a smart move.
I agree. I think the price will dip down to around the $1500-$1700 range and hang there for a while. I just don't see the price sustaining at over $2200 at all. You never know though. Things happen that are hard to predict. Especially with Bitcoin..
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Herbert2020
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May 28, 2017, 07:03:19 AM |
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Sell while you can and take profits, good deals always come around to buy back in.
Of course you can wait for the price to reach your target if 10% chops are not your kind of deal.
for bitcoin it is never a good idea to sell on these come backs, because most of the times these come backs are the bottom price that we are going to see for a long time and depending on what happens after it can go up or down and either way selling means you will be screwed for that time period!
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Dalida
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May 28, 2017, 07:08:52 AM |
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If your trading bitcoin like I was, your balls are quite literally in your throat, but I hodl ! It was a rough ride
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Baofeng
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May 28, 2017, 08:24:06 AM |
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Yes. It looks like the price is climbing back to $2200 now. I guess the panic buying has subsides already that's why the price is going strong. I hope a lot of you guys were able to buy bitcoin back when the price is below $2000 because it will take long before another dip will happened.
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mOgliE
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May 28, 2017, 08:33:08 AM |
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Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Ahah, when everyone thinks something will happen, the market does otherwise :p More logically I think we'll see a recovery and a stabilization. There is no reason for the price to go back in the 2500/2800 It's not because we all want it that it will happen. Based solely on logical facts the huge rise was a bubble, it popped nicely and now we recover parts of the price. We'll probably have a small constant variation from now on for a long time. Ready to play ping pong gentlemen?
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Kemarit
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May 28, 2017, 10:53:03 AM |
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Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Ahah, when everyone thinks something will happen, the market does otherwise :p More logically I think we'll see a recovery and a stabilization. There is no reason for the price to go back in the 2500/2800 It's not because we all want it that it will happen. Based solely on logical facts the huge rise was a bubble, it popped nicely and now we recover parts of the price. We'll probably have a small constant variation from now on for a long time. Ready to play ping pong gentlemen? Totally agree with m0gliE. If everyone agrees that this is a bubble, then it burst nicely and soon we are in the road to recovery. From time to time there will be some correction along the way. But what is important now is that it looks it is on the recovery phase and we may see new ATH in coming months. And for those who can't handle a scenario of ping-pong then better find other alternatives for you to invest because bitcoin is very unstable and will likely continue so and you don't want to have headache seeing the price dip when you wake up in the morning.
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icerose
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May 28, 2017, 11:08:30 AM |
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We have already recovered most of the ground lost, this is a correction and not a bubble bursting which usually means a long bear mode. One cannot expect bitcoin to go up super fast as it had in the past weeks without some corrections along the way, it also acts to prevent a bubble from going out of control.
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Golftech
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May 28, 2017, 11:15:12 AM |
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We have already recovered most of the ground lost, this is a correction and not a bubble bursting which usually means a long bear mode. One cannot expect bitcoin to go up super fast as it had in the past weeks without some corrections along the way, it also acts to prevent a bubble from going out of control.
well those who understand the drill already profiting about this fluctuations, buy when its down then sell when its rising then re-buy it again afterwards this scenario is always present inside bitcoin trading just be very observant and try to study deeper how the flow of movement work out in order to go with the flow, bitcoin is back on track so weak holders and newcomers for sure has been slaughter from this game of survive.
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PokerFace3
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May 28, 2017, 11:23:24 AM |
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Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
You must be right. We are back on track. I too could not find any proper reasons for recent down fall. But this is not first time, we are facing such sudden down fall with bitcoin trading. Volatility is always big part of bitcoin trading, and being a common man I have not got panic nor not losing any faith toward bitcoins. I just make of use that down fall and bought few more bitcoins. I guess we are now heading to $5000. I am very much confident, it may happen any time in June.
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YuginKadoya
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May 28, 2017, 12:21:49 PM |
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Price is starting to climb, weak hands have been shaken out, whales made their money, people diving back in, strap in and get ready for liftoff
Well we will really see if the price of bitcoin would reach the unexpected again? and I would surely wait for bitcoin to reach up to $3000 dollar I hope it really would this time, and because the price didn't let go with the $2000 value mark, I think that it would really go straight up this time, and if there are no resistance anymore because of the unexpected selling and converting of most people that is why the price fall back!
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Red-Apple
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May 28, 2017, 12:26:47 PM |
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If your trading bitcoin like I was, your balls are quite literally in your throat, but I hodl ! It was a rough ride
it doesn't have to be like that! you have to pick a good timing, that's all. for example before this when price was rising it was a good idea to get in fast and as we got past $2500 you should have started looking for exit price and then sold somewhere near the top. again when it dropped you should have made sure to buy below $2000 preferably at the bottom, but we don't always get what we want. so even buying at $1900 meant a big profit with nothing happening to your balls position ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) right now $2200...
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