Bitcoin going on fire!

[puremage111]

MYGOD

I am looking at Bitmex chart, Bitcoin is WILDRAGING FIRE GUYS! The green bar just go higher and higher. Peaked at $7400, and it is back to $6900.

To be honest i am happy this happens, because IMO if one coins just keep going up without stopping. When crashes happen, it will crash it to very low price because it does not create a support line

[1714326595]

1714326595

[anotherbit]

What you mean by crash?

I think it is not good if BTC will crash after such a rally.

It is better that new money will stay in BTC, so than other coins could go up soon and folow BTC. Whole cryptomarket is a winner when BTC is going to the moon.

[aliman00]

This is nothing just wait and see 15k by summer next year.

[YuginKadoya]

Yes it is a raging fire just like the hulk in Thor Ragnarok Spoiler Alert, It is like a Raging Fire it keeps on going up and uncertain if it will continue to do so up to the impending conclusion of a hard fork, well if you had said that it reach the $7400 mark value and goes down I didn't see that at all well that was a fast one pump and dip action for bitcoin, but I think there is certain people that sell or converted their coins.

[burdeN]

This is crazy. My alts dropped 20% each just in one hour Hope they will recover soon.
Does anybody know exact reasons for such pump?

[xenomorphe1]

It will surely crash, but i don't think BTC will crash very low. Altcoins value won't succeed to return as after the Bitcoin Gold fork i think. It will be a little like after Bitcoin Gold. Bitcoin didn't crash very much. But i may be wrong too.

[trobin]

A crash is likely and one has already happened but bitcoin seems so resilient and bullish at the moment that it would not surprise me if this continued all the way up to 10k. For alts it would surely be beneficial is bitcoin stabilised instead of crashing so the money can safely flow in to alts without much shock to the markets.

[sorrysteve1]

MYGOD

I am looking at Bitmex chart, Bitcoin is WILDRAGING FIRE GUYS! The green bar just go higher and higher. Peaked at $7400, and it is back to $6900.

To be honest i am happy this happens, because IMO if one coins just keep going up without stopping. When crashes happen, it will crash it to very low price because it does not create a support line

What is the 'very low price' you speak of? I would be very surprised to see bitcoin anywhere near to 5k with how it's been moving and for me above 5k is still a very high price when put in to context of the price only a month or so ago.

[leea-1334]

This is crazy. My alts dropped 20% each just in one hour Hope they will recover soon.
Does anybody know exact reasons for such pump?

You will be terrified to see my alt portfolio! I was already so down last two weeks when they went down more than 50%. Recovery happened after a few days, but well, you can see now that Bitcoin has reached an incredible new high and my alts are worse off than before haha. I really have to try to stop looking at them since I made a clear decision to just hold until they go bust or they somehow catch up. But hey, on the bright side, I have still more or less same fiat value.

Maybe we should not be surprised if Bitcoin crashes the 10k party earlier than 2018,,,

[Phillip_Olamide]

It's more like everyone be saying the same thing. Portfolios be dropping value and bitcoin is  skyrocketing. The painful thing is selling part of my bitcoin few weeks ago if only I had envisaged this boom I'd have waited.

[timikulit]

My alts is also bleeding. If the btc price doesn't go down before segwit 2x i will liquidate all of my alts positions. If that happens, btc will go up to 10,000 USD mark or higher.

[Ewox]

Yes Bitcoin is going on fire, it just reached a new ath again. And bitcoin is going crazy again, and altcoins are going down as well. It is time to buy more altcoins now too so let’s take advantage while it is on sale now.

[krahul08]

BTC is on fire , agreed,  but till, when next hard fork is not published like BTG. when that fork get launched, automatically BTC rates will go down, and thats the reason why all alt coins are going down.

[bonghip]

MYGOD

I am looking at Bitmex chart, Bitcoin is WILDRAGING FIRE GUYS! The green bar just go higher and higher. Peaked at $7400, and it is back to $6900.

To be honest i am happy this happens, because IMO if one coins just keep going up without stopping. When crashes happen, it will crash it to very low price because it does not create a support line

I agree that Bitcoin $ 7400 then $ 6900 is good. It can not increasing without decreasing. Bitcoin prices should be adjusted accordingly so that it does not collapse. In fact, I think Bitcoin is hardly going to collapse. However, it needs to slow down.

[krypt0n1]

Yes, it is increasing at an unhealthy and unsustainable rate. I'm not saying it shouldn't keep increasing but it needs to consolidate and establish more supports on the way up. That way, when there is a selloff, it's pullback won't have such a large impact on the entire market.

[Kidmat]

BTC is on fire , agreed,  but till, when next hard fork is not published like BTG. when that fork get launched, automatically BTC rates will go down, and thats the reason why all alt coins are going down.

It is really on fire which bitcoin price is currently increasing.Bitcoin probably will go down after this segwit. So some can buy bitcon and hold for long term.

[JeffBrad12]

MYGOD

I am looking at Bitmex chart, Bitcoin is WILDRAGING FIRE GUYS! The green bar just go higher and higher. Peaked at $7400, and it is back to $6900.

To be honest i am happy this happens, because IMO if one coins just keep going up without stopping. When crashes happen, it will crash it to very low price because it does not create a support line

That's why to trade the bitcoin right now is very risky. The fact that bitcoin becomes a trend for every trades about the latest bitcoin news. It seems a lot of people are gaining momentum about the future of the bitcoin to built its trust for the wall street investors, There is no support line. if there is a little dump and another people will be following it and make it so hard to be prevented by the support line.
The altcoin trends will come after the bitcoin hardfork. that's my opinion about that.

[jacafbiz]

To be sincere, I don't believe the price would reached $7000 this year, but we are there and I think it has caught huge momentum and we should expect $10k soon by december or january

[barota]

I just saw the price just a moment ago I can not believe .bitcoin  7000 usd . this is crazy

I'm out of bitcoin I did not expect this rise 

[kolesozw]

Bitcoin is totally on fire and I don't know when it will know or what is even happening. It's total craziness.

I'm just crossing fingers alts to catch up as I'm holding a lotttt of alts.