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Author Topic: New Spring for BTC - Storm has ended  (Read 1914 times)
btcney
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September 19, 2017, 10:14:17 AM
 #41

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?

Now is probably not the best time to buy. It's a good time but not a GREAT time.

If you're looking at the long run then i would say with the uttermost confidence that if you were just going to save your money in a bank anyways you're much better off buying into bitcoin right now. It'll make you much more.

However i feel like $4k is still somewhat overvalued. The price could get down to $3000-3500 just with a little bit of FUD. If you want to accumulate, then wait for the FUD to come out and buy.


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September 19, 2017, 11:18:38 AM
 #42

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?

The price has established itself at over $4000 on bitfinex right now. The overall price on coinmarketcap is above $4000 as well which means that the resistance seems to be fully broken and we are likely going to go up from here.

It's not the best time to buy as the start of the year was the best time to accumulate but if you buy now you'd be able to make at least $500 per coin as i see the price range will be jumping up from the current $3500-4000 level to $4000-4500 in a few days time.

Be cautious though, don't go crazy and invest all your life savings.

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September 19, 2017, 12:38:43 PM
 #43

As mentioned by many others, now is probably not the best time to buy bitcoins. Your best opportunity would have been a few days ago when bitcoin dropped to ~$3200 USD. Now it is currently and comfortably sitting between 3900 and 4000. However, I think that the price is too volatile just yet climbing out of the recent storm with China and JP.

We should wait a few more days or maybe even weeks before we say anything about Bitcoin's prices going back to 'normal'. In my opinion, bitcoin will only be coming out of the storm once China's ICO ban has been lifted.

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September 19, 2017, 03:03:38 PM
 #44

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.
  You are taking this dip in some different aspect, dips are necessary for trading. It might be trap as you said, but don’t you think it is better even being a trap? Many people buy more bitcoin at this low price and very soon you will be seeing the amazing rise in market price. So I think this time is very good so if you have a huge amount of money to buy it more now.

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September 20, 2017, 03:43:50 PM
 #45

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.
  You are taking this dip in some different aspect, dips are necessary for trading. It might be trap as you said, but don’t you think it is better even being a trap? Many people buy more bitcoin at this low price and very soon you will be seeing the amazing rise in market price. So I think this time is very good so if you have a huge amount of money to buy it more now.
I bull trap refers to a rally in a downward trending market that traps bullish investors, getting them to buy in, and then sells off again.  If the period we're in right now is a bull trap, then that means the next move is going to be a lot lower, which means now is not a good time to buy--it would best to wait until we drop below $3k.
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September 20, 2017, 03:48:15 PM
 #46

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?

Just do the buying if you think that is the best time. There can never be an exact price to be tagged as right price. The term would be, you will consider such level to buy coins. Past performance can't guarantee future results so since the beginning it's a matter of taking the risks.

If you already made a final output out from your technical analysis, then believe on that if your basis is sufficient. After that risk your money and just watch it. Remember that bitcoin was meant for long term so better be patience along the way.

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September 20, 2017, 03:51:12 PM
 #47

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?

Candle reading  or any kinds of trading analysis is useless once there will be another FUD or panic that will be created while at the same chances of hard pump is also possible too. Since you speculated like that and you think you are right then stick with your predictions.

A trader that wants to buy will buy no matter what the price level is. It's way better to deal with the risks after buying rather than in the end we will ended up saying " I hope I able to buy at $$$" or something like that.






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September 21, 2017, 04:57:14 AM
 #48

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?
The storm has ended but I do not think we are headed for a new spring, I think we are going to see similar prices for a lot of time since I do not think there is much energy left in the bulls to make the price go higher once again especially now that we got a lot of profits.

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September 21, 2017, 09:35:52 AM
 #49

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?

The price should be able to go up a lot from current levels by the end of the month, potentially even breaching the $5k level. Though right now we are cooling down from the pumps and even going into the negatives in terms of 24h movement.

The "spring" is going to happen, for sure. Price is going to skyrocket once again.

However whether it can sustain that growth is another problem. I think that price may correct after the pump happens and people start panic dumping as a result.

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September 21, 2017, 10:28:24 AM
 #50

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?
The storm has ended but I do not think we are headed for a new spring, I think we are going to see similar prices for a lot of time since I do not think there is much energy left in the bulls to make the price go higher once again especially now that we got a lot of profits.
That's a real fact, but in reality with bitcoin things happen unexpected most of the time. When the price pumped towards $2500, it was termed as a price wave and later when the price grew along with other alts it's stated as a natural pumping. The alts pumping were mentioned as temporary price growth, which has been overcome when days passed.

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September 28, 2017, 09:26:05 PM
 #51

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?

Candle reading  or any kinds of trading analysis is useless once there will be another FUD or panic that will be created while at the same chances of hard pump is also possible too. Since you speculated like that and you think you are right then stick with your predictions.

A trader that wants to buy will buy no matter what the price level is. It's way better to deal with the risks after buying rather than in the end we will ended up saying " I hope I able to buy at $$$" or something like that.


Technical analysis in theory works but when you take into consideration all the political moves then you need to know every single news related to bitcoin so you can more accurately predict what it is going and why sometimes bitcoin seems to go up for no reason that you can see on the chart but once you look at the news you understand what it is happening.

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October 06, 2017, 01:43:47 PM
 #52

I am just verily agree with you mate.  Its really good news for us. Although some rumors said that btc will fall down but i don't think so. After fall down 3k$,   bitcoin is start to growing up and now the price of bitcoin is around 4200-4370$ and will gonna raise up. Besides i think this is a great chance to buy bitcoin again...

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October 06, 2017, 02:32:58 PM
 #53

If all the Chinese got rid of their crypto-currencies we would see a huge dump. This did not happen. Or news about ban of China to use cryptocurrency it is a fake or the Chinese are in no hurry to get rid of their coins. Maybe this information attack to the Chinese further increased its influence on the cryptocurrency market?

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October 06, 2017, 03:21:57 PM
 #54

If all the Chinese got rid of their crypto-currencies we would see a huge dump. This did not happen. Or news about ban of China to use cryptocurrency it is a fake or the Chinese are in no hurry to get rid of their coins. Maybe this information attack to the Chinese further increased its influence on the cryptocurrency market?


China banned exchanges, and I was tired of saying how China's weight on the market was insanely overrated. As we saw, the price dumped, but it recovered. We are now way past the 30th of september where the ban entered official mode.

Another thing I said a million times was how the bad news were already priced in and nothing would happen in the 30th, same thing.

The Chinese already got rid of their crypto. Now the only chinese left are true believers of bitcoin that will not sell under any FUD.

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October 06, 2017, 11:28:48 PM
 #55

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?
The storm has ended but I do not think we are headed for a new spring, I think we are going to see similar prices for a lot of time since I do not think there is much energy left in the bulls to make the price go higher once again especially now that we got a lot of profits.
That's a real fact, but in reality with bitcoin things happen unexpected most of the time. When the price pumped towards $2500, it was termed as a price wave and later when the price grew along with other alts it's stated as a natural pumping. The alts pumping were mentioned as temporary price growth, which has been overcome when days passed.
That is the beauty of bitcoin, your guess is as good as mine, but you never know, there is a new hard fork coming in the form bitcoin gold, and the last hard fork was enough to make the price grew to new heights so it is possible the same happens once again.

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October 07, 2017, 10:04:13 AM
 #56

Though the value of bitcoin is now rising, we still should not relax, since bitcoin is higly volatile, any movement from other countries couod affect the price bitcoin, we should always stick to our plans and improvise when needed. There are things we should always consider, the global market, global economics, and international news, we all know, this could affect the price of bitcoin, there will always be a nrgstive news once in a while, but we should not give, right now, we are used to, not having china on the list and it seems that china would want to join the game again, in this case, good news from around the world will follow, let's just not let our emeotions take over and we should make sure, that our strategy will still win this time, now that the dip is over.

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October 12, 2017, 04:43:54 PM
 #57

I am just verily agree with you mate.  Its really good news for us. Although some rumors said that btc will fall down but i don't think so. After fall down 3k$,   bitcoin is start to growing up and now the price of bitcoin is around 4200-4370$ and will gonna raise up. Besides i think this is a great chance to buy bitcoin again...
It seem you were right the price is as high as it has ever been and bitcoin is probably going to reach an even higher price in the next day as people prepare to dump their bitcoin gold and then sell those coins as fast as they can, so we need to get ready to do the same.

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October 12, 2017, 05:39:26 PM
 #58

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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