Seems like dump is coming soon..

[naidray]

December 2018 target is $2,000 for Bitcoin

You must be kidding lol. I usually do not care this kind of jokes. No one knows what the target for 2018 ending is going to be like, but $2000 is way too low for a market that is about to test another bear phase and I totally believe before the end of the year, we would have been done with the bear phase and enter the bull phase, but at the end none of us actually know how far we are going to go before the end of the year or if it would just be a year of consolidation.

Why some people base the graph on the flow of price of bitcoin. No one knows what will happen, if some people knew bitcoin will go on that price they speculate why they aren't  go all in.

No one will not go all in even they do know what is going to happen. Diversification and level of affording lose limits are the few factors, most investors/traders do consider. OP is just trying to FUD with his chart. Better not to listen such things.

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[MMA]

I really don't understand how people easily assume that we can guess bitcoin price with broken or unbroken trends. Bştcoin isn't a stock. Its very speculative commodity with volatile nature. In this manner I think bitcoin won't drop anymore.

We can't stop people to think that bitcoin is the same as stocks because it is like a stock.

Price actually broke the other trend line too. The high is 8000 and the trend line at 7900.

It has pumped today at $8,000 and this can be the effect of the Soros and Rockefeller news.

Yeah bitcoin start to pump it might be the beginning to pump up more if you dump your BTC at this point  of times   big Whales will  be  happy, because if it soar high there's a possibility that there's a panic buying and if it will happen there's a rapid climb,and if you're a true believers don't miss this opportunity.

This is the beginning of the green days. Since the last time when the price was quite low, the whales gave an impact to scare those weak holders and they became successful with their plan of pushing those weaklings to sell. And that's the time they just wait for the right time to push the price again and the market cap that was added yesterday is a big one so it's not just about the price but it's the whole crypto market which is experiencing green and positive charts today.

Yes we have seen a slight increase in the bitcoin price after so many days, which was already expected, i think that increase in bitcoin price will continue increase and therefore it is expected that bitcoin price is not going to dump but will continue increasing for some good time, hope that we will see bitcoin price trading again above 20000$. Therefore i think it is the best time to invest money in bitcoin right now.

[sidodadii]

Your analysis does have a point just a reality in the market is very different, a lot of it is predicting that bitcoin will decrease up to $5k but in fact there is a big whale go in and make most everyone analysis to be wrong, I am quite happy to see bitcoin prices experience recovery again, hopefully this continues until the end of the year like last year

[carlisle1]

Lol price of bitcoin grows as you speculated the dump,seems like youre angel missed something to tell you huh?though this is weekend trend that prices dropping normally still we can see the strong hold of bitcoin ..so what am i waiting?its april 17 for the market to shine again and attract more investors to start the party and go back to business

[1Referee]

I am quite happy to see bitcoin prices experience recovery again, hopefully this continues until the end of the year like last year

It will go up, but nothing like how things were going last year, just forget about that. Last year's bull run had so many variables coming nicely together, that it is nearly impossible to mimic that exact situation, and we don't have to. Such insane bull runs happen once every few years, where the one before the recent bull run was back in 2013. Currently there is so much that we can look forward to, that the market is almost guaranteed to leave these levels behind for ever at a later stage. My guess is that every bottom after 2019 will be far over the $10,000 level, which we can all look forward to. In the short term, we just have to accept sub $10,000 levels and use them to keep accumulating as many coins as possible. Eventually people will look back at $10,000 just like how we look back at the $1000 level right now, and back in the days when we were hovering around $1000 levels we looked back at $100. See the progress?

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[Whosdaddy]

[im g]https://i.imgur.com/iS7WHvW.png[/img]

then it would be a great news then for the whales.. and for the new buyers.. and crying time for high buyer and low seller.. I mean which one will take advantage of it.. great or small has a change to change their life... the saying that what comes up must go down.. and what goes down must come up.. thank you.

Oh for sure. Not just good news for the whales but good news for those who see the huge long term benefit for bitcoin as that would be the best time to start accumulating even more if they are smart and wise enough to do so. It is all about taking advantage of every opportunity and as it seems, this is an incoming one that is knocking on everyone's though, and whichever way, up or down, never miss it.

Till last day of last week, bitcoin prices showed some appreciations but today it seemed there is a change in the course of trend. But it is usual thing in bitcoin market to see sudden changes in market conditions. Lets wait for some more days to get clear directions.

[glowing10]

Why some people base the graph on the flow of price of bitcoin. No one knows what will happen, if some people knew bitcoin will go on that price they speculate why they aren't  go all in.

Generally if you can read technical charts it can help you to understand the basic how will market react or in coming time how does it look. It just gives you a snapshot which can help you to identify if you need to buy/sell and accordingly you can take your decision.

[ASHLIUSZ]

Why some people base the graph on the flow of price of bitcoin. No one knows what will happen, if some people knew bitcoin will go on that price they speculate why they aren't  go all in.

Generally if you can read technical charts it can help you to understand the basic how will market react or in coming time how does it look. It just gives you a snapshot which can help you to identify if you need to buy/sell and accordingly you can take your decision.

Very small number of users have the strong knowledge source to analyze the chart and predict the real outcome of bitcoin with relation to time period. When a price pumping takes place, further there will be a dumping, some might have predicted based on the ongoing price increase that a dump can happen soon.

[Trivelius]

Why some people base the graph on the flow of price of bitcoin. No one knows what will happen, if some people knew bitcoin will go on that price they speculate why they aren't  go all in.

Generally if you can read technical charts it can help you to understand the basic how will market react or in coming time how does it look. It just gives you a snapshot which can help you to identify if you need to buy/sell and accordingly you can take your decision.

Very small number of users have the strong knowledge source to analyze the chart and predict the real outcome of bitcoin with relation to time period. When a price pumping takes place, further there will be a dumping, some might have predicted based on the ongoing price increase that a dump can happen soon.

That is right, it is in fact not so easy to analyze and come to an conclusion, specially for the new investors, i think that most of the investors are depending on the news that are common spread in the market, as for law few months the bitcoin price was trading very stable and in a low price, but after getting some good new about bitcoin in the market give a boost to its price and we say a remarkable increase in bitcoin price even in a shot period of time.