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Author Topic: Some action starting today  (Read 1522 times)
topper26 (OP)
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May 31, 2017, 05:52:38 PM
 #1

Slowly rising from the 2200. Been a battle back n forth today but more consistency in the 2300 range. Also lots of movement in US and China seen on bitcoinwisdom.
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May 31, 2017, 06:47:00 PM
 #2

It's not really something that spectacular. It's basically the same as has been happening in the last days. $100 swings aren't that uncommon anymore with the price being this high, combined with the relatively lower buy support. I expect this to continue in the coming weeks as there is some sort of tension between traders. There where certain traders look to close positions, others are waiting for the price to drop to enter the market. It's a ping pong effect.
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May 31, 2017, 06:59:09 PM
 #3

Are you guys taking the most out of these swings? who was Satoshi, I think he was an angel sent by God to bring us this marvel of economy.
I couldn't even dream about earning money online with a few clicks and few key strokes, now $15/ $35/ $18 is pouring to my wallet.
Wondering what caused the rise to $2700 for a day and watching the price to go there again so I could dump what I bought so cheap Cheesy
$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
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May 31, 2017, 07:08:33 PM
 #4

Slowly rising from the 2200. Been a battle back n forth today but more consistency in the 2300 range. Also lots of movement in US and China seen on bitcoinwisdom.

It should obviously happened and soon it will take again the spotlight. The current price is a good starting line for another trend. Just imagine, starting from $1,000 it boost to $2500+. and now will start at $2,200+ it will finish soon at around $4,000+. Just a speculation if ever the price rise will happened again. Back to the current price movement, seems normal as while at the same time that price is experiencing an average $100 or more increase, same margin also applied to price decrease.

What matters here is we are playing at around $,2000. Good bottom isn't it?
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May 31, 2017, 07:28:55 PM
 #5

I doubt that bitcoin is going to raise so fast agaim. Yes, it is growing, but who knows when we are going to see 2800$ per 1 BTC again?!
I am actually satisfied with the current price and my earnings didn't change so much from this 500$ fall.
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May 31, 2017, 07:36:58 PM
 #6

$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times.

But we are having stable prices right now which must be very good in some sense when recovering from steep down fall.
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May 31, 2017, 08:23:11 PM
 #7

Bitcoin's price is definitely stabilizing as of now. We will see slow upward movement on its price. After the big dump, it's price is somewhat reasonable. Also, let us not forget about Australia, they will start accepting bitcoin on the first of July so we can see some pumps here. I do hope that Bitcoin will surpass the all time high it reached days ago within this year.
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June 01, 2017, 08:16:11 PM
 #8

Are you guys taking the most out of these swings? who was Satoshi, I think he was an angel sent by God to bring us this marvel of economy.
I couldn't even dream about earning money online with a few clicks and few key strokes, now $15/ $35/ $18 is pouring to my wallet.
Wondering what caused the rise to $2700 for a day and watching the price to go there again so I could dump what I bought so cheap Cheesy
$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
In my opinion satoshi is a genius, there have been speculation that a single person could not create bitcoin since it needed to be a master of different disciplines, like programming, cryptography and economics, however the little evidence we have seems to suggest that only one person created this, so I do not think we need to use explanations like that, especially since I think that devalues the work of satoshi, by trying to make him something more tan a human.
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June 01, 2017, 08:19:11 PM
 #9

Hopefully we see some sideways movement, else looks unhealthy run for me!
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June 01, 2017, 10:06:31 PM
 #10

A couple of days back i thought we could see a good correction in the alt coin space as well as in bitcoin and now it looks like the price is moving up once again,i am not sure what is the criteria on seeing all these news as there is one news or the other regarding the up trend or the down trend.The best thing i have to do now is to stay away from the market and wait for a good correction.
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June 01, 2017, 10:18:09 PM
 #11

Probably some whales rebuying after dumping all their coins. Personally I think this growth is at least somewhat healthy, and I welcome any price movement, but this could just be a small movement up that gets crushed by another dump. Once we break the resistance, though, we'll see a period of fast growth like we previously did.
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June 01, 2017, 10:21:18 PM
 #12

$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times.

But we are having stable prices right now which must be very good in some sense when recovering from steep down fall.

Yeah, it's depend on what reference (exchanges) that you look at to check bitcoin price, because they could be different such as : Preev $2343, coinbase $2410 and OKcoin $2546, and Bithumb $2797.
Some exchanges seems already get volume increases while others still fluctuate, I think it still normal in bitcoin market worldwide. Maybe silence before the storm Grin lol. We don't know yet, but I hope it will increase again to the new ATH, be ready guys.
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June 01, 2017, 10:30:31 PM
 #13

Probably some whales rebuying after dumping all their coins. Personally I think this growth is at least somewhat healthy, and I welcome any price movement, but this could just be a small movement up that gets crushed by another dump. Once we break the resistance, though, we'll see a period of fast growth like we previously did.

This is what I am thinking these past days right after the dump.  But I think the whales are done with the accumulation that is why the price is beginning to move upward.  They are now trying to push the price up.  with the upcoming news and updates they new if they ride it right, bitcoin price will have its new ATH.
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June 01, 2017, 10:32:47 PM
 #14

Slowly rising from the 2200. Been a battle back n forth today but more consistency in the 2300 range. Also lots of movement in US and China seen on bitcoinwisdom.

Lots of the altcoins are increasing as well. It looks like investors are getting back in after the correction.

 
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June 01, 2017, 10:50:31 PM
 #15

Slowly rising from the 2200. Been a battle back n forth today but more consistency in the 2300 range. Also lots of movement in US and China seen on bitcoinwisdom.
For entirely the UK news gives a lot of impact for the bitcoin today. The biggest UK broker tries to offer bitcoin as your investment service.

More people tried to get back on bitcoin. Some try to grab more profit through altcoin and pumping it.

US and China market gets an impact. The sentiment of bitcoin in these days look good in my opinion.

If there will be a good news in the future. That makes the bullish will turn to the very bullish.

Long live bitcoin!!!

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June 01, 2017, 10:57:07 PM
 #16

It's not really something that spectacular. It's basically the same as has been happening in the last days. $100 swings aren't that uncommon anymore with the price being this high, combined with the relatively lower buy support. I expect this to continue in the coming weeks as there is some sort of tension between traders. There where certain traders look to close positions, others are waiting for the price to drop to enter the market. It's a ping pong effect.
But this time I think the price rise has been started because now you can see that the price now do not go back but it is in the up direction and now has started to increase from $2300 and reached to $2335. I think it is now again the pump time and those who will but will earn the coming profit.
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June 01, 2017, 10:59:31 PM
 #17

$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times.

But we are having stable prices right now which must be very good in some sense when recovering from steep down fall.

$3500 before the end of this week? I find it a bit excessive. I want to think that you actually meant $2500, it isn't?

I also would like a more stable bitcoin price for a long time to give us a break after so much shocking situations that brought us the month of May.

But if volatility returns, I expect it to be on the upside to leave the $1000's range far behind, once and for all.
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June 01, 2017, 11:57:11 PM
 #18

$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times.

But we are having stable prices right now which must be very good in some sense when recovering from steep down fall.

$3500 before the end of this week? I find it a bit excessive. I want to think that you actually meant $2500, it isn't?

I also would like a more stable bitcoin price for a long time to give us a break after so much shocking situations that brought us the month of May.

But if volatility returns, I expect it to be on the upside to leave the $1000's range far behind, once and for all.

Who know, everything is possible but well , $3500, I agree, is quite high for a week increase for bitcoin.  Anyway  I believe Bitcoin can break $3500 barrier but give it a month or two.  There is not much of hype to affect bitcoin price right now.  Unless some big company join in bitcoin economy, the uptrend climb of bitcoin price will quite slow.

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June 02, 2017, 12:36:42 AM
 #19

$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times.

But we are having stable prices right now which must be very good in some sense when recovering from steep down fall.

$3500 before the end of this week? I find it a bit excessive. I want to think that you actually meant $2500, it isn't?

I also would like a more stable bitcoin price for a long time to give us a break after so much shocking situations that brought us the month of May.

But if volatility returns, I expect it to be on the upside to leave the $1000's range far behind, once and for all.

Who know, everything is possible but well , $3500, I agree, is quite high for a week increase for bitcoin.  Anyway  I believe Bitcoin can break $3500 barrier but give it a month or two.  There is not much of hype to affect bitcoin price right now.  Unless some big company join in bitcoin economy, the uptrend climb of bitcoin price will quite slow.
Or whales start to pump it the way they have been pumping the alts. I'd like a return to natural growth, but I'll take anything I can get. Any action is good, but I'm sure most people here are just fine with sideways for a while as long as price is stable. The uptrend is not slow for sure, we've seen what those whales can do nowadays. They can practically take us to the moon and back.
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June 02, 2017, 03:08:07 AM
 #20

Slowly rising from the 2200. Been a battle back n forth today but more consistency in the 2300 range. Also lots of movement in US and China seen on bitcoinwisdom.

Lots of the altcoins are increasing as well. It looks like investors are getting back in after the correction.

Yeah litecoin and ETH are increasing equals with bitcoin. I didn't mean the equal price and I mean the potential only. I hope we can buy the ETH now and this holding will take moob like bitcoin in future.
You may ETH rate as 5000$ in 2050. You can do see the bumps like in bitcoin on ETH as well.
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