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Author Topic: New Spring for BTC - Storm has ended  (Read 1926 times)
swiftblade
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September 17, 2017, 03:20:24 PM
 #1

In last 4 hours, BTC price has rising twice(green candles appear two times), and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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September 17, 2017, 03:42:07 PM
 #2

What do you mean with "BTC price has rising twice"? The short time price shifts of bitcoin has ALWAYS been up and down(as you can see on the 24hr chart); simply because bitcoin is still in it's infancy stage. And you cant predict what the price trend is going to be just from looking at the prices 4 hours ago. There's really alot more to the recent price that decides what the future price trend will be. Though yea the price slowly but surely improving a bit, but it doesn't mean it cant go down once more.

24hr chart: https://i.gyazo.com/4cf8f9c19c974b761a7161830a7028ea.png

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September 17, 2017, 03:53:07 PM
 #3

In last 4 hours, BTC price has rising twice, and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?
I think both of those peak were bull trap and there might big dump/sell off on next wave so its better to not hold all of your portfolio in crypto. I have already sold majority of my holding at these two peaks and waiting for some dip to buy more.

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September 17, 2017, 05:40:11 PM
 #4

You meant storm is about to begin again. Bitcoin is still the best investment.

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September 17, 2017, 06:56:58 PM
 #5

When bitcoin has dropped over $1,500 in the last few weeks, a small rebound should be welcomed but it has shown an unexpected external threat can wipe out massive amounts of value. If regulations and enforcement got stricter it could subdue the price for a long time.

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September 17, 2017, 07:04:31 PM
 #6

In last 4 hours, BTC price has rising twice, and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?

I don't see the price rising twice in the last 4 hours. It's only slowly rising peaking at $3700. However, the graph tell's us that it can still increase during the 3rd or 4th wave. For me, is no longer what is the best time to buy, but can you hold yourself not to panic when the price go down, or not sell with the price is increases? Again, the price is really hard to predict where its going to be, but for me I'm in it for the long haul so if I have the funds I will definitely get it specially if there is a minor dip. Those are really good opportunity to stash more coins and hodl it as long term investment.

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September 17, 2017, 07:21:31 PM
 #7

In last 4 hours, BTC price has rising twice, and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?

The storm has just begun. While I'm confident that USD 3k,- is going to withstand a few more attacks, I'm pretty sure we're going to revisit those price levels rather sooner than later. I doubt we'll be able to break upwards through USD 4k,- until November / December and it seems like the general market sentiment is the same, thus making the upwards pull rather hesitant.

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September 17, 2017, 07:56:00 PM
 #8

I wouldn't draw any conclusions from price shifts in 4 hour time periods. You need to consider trends over much longer periods. Personally I think bitcoin has probably found a bit of a level currently around the mid 3000s but if it goes up or down now really depends on any new news regarding the situation in China. The exchanges have a bit longer than anticipated and until that time period things could change positively or negatively depending on what kind of deals they can potentially agree.

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September 17, 2017, 08:07:50 PM
 #9

You may be right, but I am going to stay in my storm bunker until summer.

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September 17, 2017, 08:22:17 PM
 #10

Sorry OP but the chart currently can not be seen as a stable growth, its just an everyday chart for BTC appaarently.. Also over the weekend its usually a little slower.. so no forecast given at this point

Ask for the next best x100 coin and you will get people to tell you what the most desperate coin in their portfolio is.
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September 17, 2017, 08:26:48 PM
 #11

Your observation is completely arbitrary.  It has no basis in logic at all and I hope you're not trading based on this.  

By using the past as an attempt to predict the future rather than what the future actually involves, you're playing into the hands of whales who manipulate you time and time again into doing stupid things and losing money to them.
I doubt we'll be able to break upwards through USD 4k,- until November / December
Seems unlikely unless the fork turns out to have extremely good consensus.  Uncertainty is never good.

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September 17, 2017, 08:31:53 PM
 #12

The bitcoin price trend follows some patters which have been already seen in the past. After a huge dupe, the coin price recovers with waves, with end up with new highs. Seems happening every quarter or so. Peaks and troughs amplitude varies depending on different and multiple factors.

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September 17, 2017, 08:41:05 PM
 #13

In last 4 hours, BTC price has rising twice, and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?
I think both of those peak were bull trap and there might big dump/sell off on next wave so its better to not hold all of your portfolio in crypto. I have already sold majority of my holding at these two peaks and waiting for some dip to buy more.
A lot of people still in trauma , and feel not secure to hold bitcoin much for now.
They will looking for safer action such as take a cutloss and get a little profit only.
But whenever people doubt in bitcoin , the price grow even higher ! Well worth to wait!

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September 17, 2017, 08:46:17 PM
 #14

The bitcoin price trend follows some patters which have been already seen in the past. After a huge dupe, the coin price recovers with waves, with end up with new highs. Seems happening every quarter or so. Peaks and troughs amplitude varies depending on different and multiple factors.

I see it in a similar way though now we have much more players in the game ( big and small investors)
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September 17, 2017, 09:29:22 PM
 #15

Your observation is completely arbitrary.  It has no basis in logic at all and I hope you're not trading based on this.  

By using the past as an attempt to predict the future rather than what the future actually involves, you're playing into the hands of whales who manipulate you time and time again into doing stupid things and losing money to them.
I doubt we'll be able to break upwards through USD 4k,- until November / December
Seems unlikely unless the fork turns out to have extremely good consensus.  Uncertainty is never good.


I just gain profit when it touch 2nd peak in short time. I didn't think it will rise above last month pos.
For fight againts blade-side, I have made 'Safe Line' for my self only, considering for middle August's Peak at 5k and early September's Peak at 4.2k. So middle sept's shall not reach more than 3.7k. Unless gradient is curved

I will choose stop when its touch the safe line for now

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the forkings will continue until morale improves


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September 17, 2017, 09:42:42 PM
 #16

I doubt we'll be able to break upwards through USD 4k,- until November / December
Seems unlikely unless the fork turns out to have extremely good consensus.  Uncertainty is never good.

I meant to say until November / December the soonest, taking into account that until then Bitcoin will have both China and the SegWit2x hardfork at its neck.

However once we're done with both those dramas, hopefully Bitcoin will have some time for respite.

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September 17, 2017, 09:47:12 PM
 #17

In last 4 hours, BTC price has rising twice(green candles appear two times), and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?

What you are saying is correct now it has started to accumulate and we can see that the price will be going back to pump high and this time it will go to another ATH price.














 

 

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September 17, 2017, 10:09:21 PM
 #18

Bitcoin is going down as it was supposed to, people were buying 1 month prior to the BCH fork and they kept at buying till ten maybe two weeks ago, but

They started to dump when they realized there will never be another hard fork like BCH to give them some extra coins and China made everything worse.

Mining difficulty never increased that much to explain the price going up, I don't honestly know how much it costs to mine a block in China which has the

Lowest and cheapest electricity but if we could figure that out then we'll know exactly where the price will stand stable for a long time.
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September 18, 2017, 12:49:19 AM
 #19

In last 4 hours, BTC price has rising twice(green candles appear two times), and there is improvement in the second Peak. Maybe it will increase extremely at 3rd and 4th wave.
Now is the best time to buy.

What do you think?

What you are saying is correct now it has started to accumulate and we can see that the price will be going back to pump high and this time it will go to another ATH price.

Current 3rd Wave right now has touch 2nd peak 3.7k (6 hours ago). If this 3rd wave surpase that spot, 4th Spring is Welcoming All of Us

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September 18, 2017, 01:51:31 AM
 #20

It is very important for Bitcoin this week that if it gets out of the storm well, it could fall to the level of $ 2,000, but it would be $ 4,000.



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