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Author Topic: Btc reached the bottom for this week , correction and retest 3,000 $ ?  (Read 1089 times)
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June 17, 2017, 09:41:46 PM
 #21

I enjoy reading opinions of "traders" coming on here to quantify something they don't understand.The actual bubble is just barely starting to form, and the correction is being corrected -  Grin
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June 17, 2017, 09:51:29 PM
 #22

As always, no one here will know the real deal.

Just as expected, bitcoin price rebounded on that recent dip and erasing all thoughts that price will touched again the below $2,000 level. Sadly to those still waiting for below $2,000 as their target to buy again coins. Because of their target, they hesitate to buy at lowest dip established during the correction. And now still waiting for that much more dip. If the price will continue to climb to passed $3,000 then those waiting for dip will now be force to buy at much higher prices or still continue to wait for next correction.

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June 18, 2017, 02:51:03 AM
 #23

I enjoy reading opinions of "traders" coming on here to quantify something they don't understand.The actual bubble is just barely starting to form, and the correction is being corrected -  Grin

just the fact that you think you understand it differently that others doesn't mean you are correct!
a bubble doesn't have to be a 10million dollar bubble. it can effectively be a smaller size too. and besides if you research more about "bubble" there is no absolute definition for it. you can call a $10 rise a bubble the same way you can call a $10000 rise.
there is a lot of factors to consider too. things such as how much new money came in and with bitcoin you should always consider the adoption increase which is causing the rise.

Buying the dip...
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June 18, 2017, 07:17:25 AM
 #24

Btc is correcting , may be we'll retest 3,000$ soon ?

Well 2456 seems like a bottom out for now while we test the range for a while between 2500 and 2800
If it stabilizes around here for a while before it continues upwards of downwards it would not be that surprising as it would be building a foundation at this new range.

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June 18, 2017, 08:55:16 AM
 #25

Btc is correcting , may be we'll retest 3,000$ soon ?

Most likely, yes.

Price has been extremely stable actually for the past 2-3 days, i would have thought that it would correct a bit more but no, the price is pretty much settled at around 2500 USD per bitcoin in stone.

When there is stability there is going to be a pump in the near future. That's one of the first signs of a pump.

Is it going to happen this month? I don't know. But this year we'll definitely retest $3000, and whether we break it or not will depend on whether the user-activated soft-fork goes well or not. And if it doesn't break $3k per coin then it'll likely impact a lot of traders physchogically, driving the price down.

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June 18, 2017, 10:18:15 AM
 #26

Btc is correcting , may be we'll retest 3,000$ soon ?

Most likely, yes.

Price has been extremely stable actually for the past 2-3 days, i would have thought that it would correct a bit more but no, the price is pretty much settled at around 2500 USD per bitcoin in stone.

When there is stability there is going to be a pump in the near future. That's one of the first signs of a pump.

Is it going to happen this month? I don't know. But this year we'll definitely retest $3000, and whether we break it or not will depend on whether the user-activated soft-fork goes well or not. And if it doesn't break $3k per coin then it'll likely impact a lot of traders physchogically, driving the price down.

It is now hovering around the $2500-$2600. And the crash was short lived indeed. Maybe traders sold off for various reasons like the spread of lies getting into them or just simply cashing it out. But now it is somewhat stable and will likely experienced a slow phase up to the next week. But the really is can we touch $3000? Absolutely no doubt about it, but when we get there, are we going to see a price dip again? $3000 is the new mental barrier that some traders need to overcome, otherwise we will see a them dumping their coins in portion if we see the bitcoin has reach this price again.

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June 18, 2017, 12:30:27 PM
 #27

We have already reached that $3000 in this at the beginning of the month. I really like how is this volatility move, it make us dreaming in realistic condition. Everyone will love if the price going high like $4000, but if it too fast, I am scare it will be untouchable.
Btw yeah, $3000 this month is really possible.

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June 18, 2017, 12:42:25 PM
 #28

We have already reached that $3000 in this at the beginning of the month. I really like how is this volatility move, it make us dreaming in realistic condition. Everyone will love if the price going high like $4000, but if it too fast, I am scare it will be untouchable.
Btw yeah, $3000 this month is really possible.

I'd like to believe 4k is attainable but yeah, the more realistic picture is just somewhere beyond 3k. If you think about it, btc was quite quick with the price moving from under 2k at the beginning of this year to 3k at one time in a couple of months. That run may happen again pretty soon

 
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June 18, 2017, 12:44:49 PM
 #29

I don't know. For sure this week will be a red one. With the next coming weeks we may see a lot of volatility in terms of price as some miners may continue to fud.Therefore some more downturns are possible imo. I wouldn't be suprised if we push up to 3000+ first when SegWit definitely is activated. At the end of july or at the latest august 1st.
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June 18, 2017, 02:35:31 PM
 #30

I thought the correction has started already and btc did reach $3000 last week, I feel like it'll retest again and try to reach around $3400 before it tries the $4000 mark.

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June 18, 2017, 03:02:40 PM
 #31

I thought the correction has started already and btc did reach $3000 last week, I feel like it'll retest again and try to reach around $3400 before it tries the $4000 mark.

I think bitcoin price still very dificult can increase to 4000 dollar
bitcoin price still under 3000 dollar, and maximum reach 3000 dollar, bitcoin price waves only range 2000 - 3000 dollar
maybe in end year bitcoin price can reach 4000 dollar


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June 18, 2017, 03:07:32 PM
 #32

I enjoy reading opinions of "traders" coming on here to quantify something they don't understand.The actual bubble is just barely starting to form, and the correction is being corrected -  Grin
There is barely anyone who can understand bitcoin trading patterns. Traders who come from forex and stock markets think that it is all the same with bitcoin.
No, it isn't, there are no clear patterns in cryptocurrency trading, everything is more hectic and random. We are selling the news here.
Technical indicators which normally works because the market is rather slow moving are completely irrelevant in crypto trading.


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