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Author Topic: "Almighty bitcoin" still pushing  (Read 975 times)
Gozie51 (OP)
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October 12, 2017, 09:04:36 AM
 #1

  Grin.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.

I'm now expecting a retracing step backwards to $4800 mark before a new trend would be formed either another bullish or dip.
Guys what do you think?

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October 12, 2017, 09:39:13 AM
 #2

 Grin.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.

I'm now expecting a retracing step backwards to $4800 mark before a new trend would be formed either another bullish or dip.
Guys what do you think?


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October 12, 2017, 09:58:09 AM
 #3

Just crossed $5215 mark now wow!
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October 12, 2017, 11:32:20 AM
 #4

if we are retracing back,i am afraid it will not touch $4800 level,
but instead it will reach $4000 level or even worst than that,afterwards consolidating and moving upward slowly.
i think for now $5000 it's the highest because right now we can see the price hit $5200 level,
which mean we're approaching another resistence around $5500.
expecting a little drop before break that level and then sideways a few days.
it's exploding because another coin will be created,and nobody want to miss it.
i am afraid when it explode,it will be huge

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Gozie51 (OP)
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October 12, 2017, 11:53:37 AM
 #5

if we are retracing back,i am afraid it will not touch $4800 level,
but instead it will reach $4000 level or even worst than that,afterwards consolidating and moving upward slowly.
i think for now $5000 it's the highest because right now we can see the price hit $5200 level,
which mean we're approaching another resistence around $5500.
expecting a little drop before break that level and then sideways a few days.
it's exploding because another coin will be created,and nobody want to miss it.
i am afraid when it explode,it will be huge
Yeah, You are quite right on this -(it's exploding because another coin will be created,and nobody want to miss it.).

Meanwhile, this is why I'm looking at that retracing step. This could happen just immediately or few hours before the coin it's released (because it is always fundamentals that will change the direction of the market, technicasl are just stooge to the market and taking orders with gradual steps) which you also support .

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October 12, 2017, 11:54:37 AM
 #6

Any idea why the price is pumping so hard?
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October 12, 2017, 12:00:58 PM
 #7

Any idea why the price is pumping so hard?

Bitcoin will fork in less than 2 weeks and everyone holding bitcoin will receive the equivalent amount of bitcoin gold, last time this happened was with bitcoin gold and at its peak it was at about 40% of the value of bitcoin, basically people are looking for a quick free buck.

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October 12, 2017, 12:59:20 PM
 #8

Any idea why the price is pumping so hard?

it will keep rise because new fork and some good news from Japan and Dubai
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October 12, 2017, 01:11:14 PM
 #9

bitcoin never stopped pushing though! it has always been "pushing" and rising even when the price were seemingly dropping, it was in reality a stepping stone to go even higher next time.

with the trend that is going on right now, i am expecting a much higher price before any "retracement" happens. there is nothing going on that can cause a big drop anyways, the way to higher prices is perfectly clear with no obstacles for some more time at least.

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October 12, 2017, 05:23:03 PM
 #10

Any idea why the price is pumping so hard?

it will keep rise because new fork and some good news from Japan and Dubai
That is what we were expecting for a long time, that the price will not stay below 4000$ for a long time and very soon the price will again start rising, In fact bitcoin was trading at low price for a long time, but still people were too much confident and that is the reason that they were not ready to sell their bitcoin, i think people are still very bullish and hope that the price will continue increasing for a long time and currency we are not going through any depth but the price will continue increasing.
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October 12, 2017, 05:27:05 PM
 #11

 Grin.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.

I'm now expecting a retracing step backwards to $4800 mark before a new trend would be formed either another bullish or dip.
Guys what do you think?

In my own analyzation, the dipping point Im expecting is lower than your stated price, the price is around $4,500. Since all this hype can't considered as usual demand, likely dips will happened after the fork or closed to that date. The good thing here is, if the price maintained it's support at around $5,000 then likely we can expect again another milestone for bitcoin price.

This is only my own speculation. You can argue on me with this but let's make it a healthy discussion.

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October 12, 2017, 05:31:55 PM
 #12

yesss bitcoins crosses ATH  i am having mixed feeling about it xD as i was heavily invested in altcoins and they are bleeding right now badly . but hoping to see a  correction soon and push in altcoins.
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October 12, 2017, 06:25:30 PM
 #13

Gotta admit I'm absolutely baffled by the current developments in regards to the value of BTC; didn't expect the previous ATH ($4975) of september the 2nd already to be surpassed by a large margin. I'd say sky's the limit in the coming weeks and prices could race towards $6000 before the hardfork has even happened. After that I presume a correction will occur but with a bottom still above $4000.
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October 12, 2017, 06:29:29 PM
 #14

Bitcoin is on its way to set new All time high price and I am quite sure it will be way above $6k but price is pumping quite hard right now just because of high speculation over coming fork which is not quite good. I am expecting some correction or even huge dump on price just after the fork.
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October 12, 2017, 07:29:44 PM
 #15

It is not going to go down again, at least for now.. we have already came from a bearish trend, and it was time to see bullish times, so probably we will see a huge rise of bitcoin until it touches $5500 (and it will happen soon) and then it will probably drop a little, but not much.
Maybe the bearish trend will start again once that the fork is done, but there is a few weeks left until it happens.


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October 12, 2017, 09:03:00 PM
 #16

 Grin.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.

I'm now expecting a retracing step backwards to $4800 mark before a new trend would be formed either another bullish or dip.
Guys what do you think?
Bitcoin is now above $5375 and I believe this is a new high and break above that level will get us to $6000. We most agree that attack from governments make bitcoin strong and we need more attack as people are far wiser than governments and it agency. Demand for bitcoin has increased significantly and in days to come we would see that no matter the force against bitcoin; the people demand for it is going to keep it strong.
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October 12, 2017, 10:25:33 PM
 #17

I am really amazed how bitcoins keep on pumping.  When I started here, the maximum value was $2.5k and now it's over $5k. I can't avoid spending my btc and I really regret it. Well I have predicted this and nearly $6k by the end of the year. I wonder how the fork will affect the new price.
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October 13, 2017, 01:27:46 AM
 #18

I am really amazed how bitcoins keep on pumping.  When I started here, the maximum value was $2.5k and now it's over $5k. I can't avoid spending my btc and I really regret it. Well I have predicted this and nearly $6k by the end of the year. I wonder how the fork will affect the new price.
I spend some too after it dips from China bans,and regreting it now but still its good to see that even bans happen ot was still able to recovdr and to pump.

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October 13, 2017, 01:43:48 AM
 #19

 Grin.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.

I'm now expecting a retracing step backwards to $4800 mark before a new trend would be formed either another bullish or dip.
Guys what do you think?

There is no sign of going back on its price. I had a dream last night that bitcoin will make a price history again and i am expecting it to touch 6k dollar or a wild guess 7k dollar before the year end. Nobody can stop the king bitcoin unless we stop using an internet Cheesy

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October 13, 2017, 01:57:11 AM
 #20

  Grin.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.

I'm now expecting a retracing step backwards to $4800 mark before a new trend would be formed either another bullish or dip.
Guys what do you think?
I've read some news and they said that the highest price record of bitcoin is the price today which is $5200-$5400. They are expecting that it will last until 5 weeks, so be ready before 5 weeks and check bitcoin price if it will dump again.
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