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Author Topic: 60 minutes and Bitcoin value jumped to $7,800  (Read 307 times)
RandySandy
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April 13, 2018, 03:52:08 AM
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After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise?  Huh
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April 13, 2018, 04:12:30 AM
 #2

I just managed to buy bitokoyn for 6800 and the market immediately turned around. I was happy the market seemed to be waiting for me) !! Although I think that by 7800, too, you can safely buy

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April 13, 2018, 04:15:30 AM
 #3

Yesterday, bitcoin rose in value to $ 7,800, but then again dropped to $ 7,000. Today I went back to see his course this morning and, according to CoinMarketCap, its cost today is again $ 7,810, while bitcoin again increased by more than 12 percent. This is a good indicator of the price growth of bitcoin, it no longer stands still and it is possible that in the near future we will have a pleasant surprise about the course.

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April 13, 2018, 04:25:29 AM
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Countdown for more pumping....
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April 13, 2018, 04:25:41 AM
 #5

It sounds like you have a pretty negative outlook on the future of Bitcoin. You simply say that you believe it will sink below $6,800 without providing any reason why you believe this to be the case. My guess is that nobody knows what is going to happen and so this discussion is rather vapid. Price jumps in Bitcoin normally happen at the drop of a hat. They are extremely quick, and if you step away for a sandwich before checking the price again you may have missed the biggest opportunity of a lifetime. This is nothing out of the ordinary and I would expect to see more jolts in price, whether they be upwards or downwards.

You should make a Song Cover of "Should I Stay or Should I Go?" and replace the chorus with "Will it Sink or Will it Rise?", that might be a catchy jingle if you really put your heart into it. I wouldn't rely on what anybody is going to tell you, but my own personal opinion is : Rise. Look at any long-term chart of Bitcoin and you'll notice that it's been trending upwards forever, without flaw. Don't be concerned when Bitcoin drops below it's ATH or has a tough patch, simply consider those times a good time to buy some extra coin and HODL.

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April 13, 2018, 04:25:57 AM
 #6

Many investors have predicted that the value of bitcoin will grow strongly by the end of the year and this is really happening. I think bitcoin is starting with strong growth again. bitcoin will not stop at $ 7800. Prices continue to rise in the next few days.

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April 13, 2018, 04:29:30 AM
 #7

After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line.
that was just a 10-15% rise which is not that big a deal for bitcoin and by the way it broke the resistance line then it went up fast because of that.

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Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800.
you have no reason for saying that apart from making a random guess. the fact is there is no indication of such drops coming and this rise is not even big enough to bring bitcoin back to its real price (>$10k).

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April 13, 2018, 04:31:49 AM
 #8


After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise?  Huh

It's probably a large corporation buying in when they see the price lingering low. There's no reason for the price to go up so quickly and in such a magnitude besides someone buying a load of it. Essentially, people might be bringing some light back into it because there's been such a long while of lingering around. The price being stuck in the same area wasn't exactly a bad thing for bitcoin, it just offered some time for the markets to stabilize a little bit.

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April 13, 2018, 04:32:53 AM
 #9

people who bought bitcoin for 6800USD each are surely saying "hooooray" right now instant 1000$ per bitcoin if they're going to sell it
this price jump is a jaw dropping and rare event i have not seen something like this before haha
the last one that i see that is spectacular was last year when bitcoin dips in the mid months then a big price jump at the end of month

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April 13, 2018, 07:29:12 AM
 #10

so my guess was right, the stable price at $6800ish with a decent volume was in fact an accumulation phase where the smart money was buying bitcoin nonstop but without letting price go up so that to prevent anyone knowing the plans.

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April 13, 2018, 08:03:49 AM
 #11

There have been large (free) groups over telegram claiming that they've shorted and that the value of bitcoins will drop to 6k before it starts it's rebound towards its new ATH journey. All those WHALES have had been watching these shorts and decided to kill this opportunity for them by injecting a lot of money in it, buying back and ending their leveraged positions into huge losses. But this, I believe, is not the end of bear trend yet and it'll surely come to 6k and maybe even lower for it to complete the double bottom pattern, and then it'll spike back hard giving those extraordinary returns to all the users who buy in at those times. Remember, this doesn't look like a time to leverage, so don't do it if you're not familiar with the risks involved. Though, I believe that predictions are becoming harder for everyone out there, take my suggestion with a grain of salt and decide with utter knowledge and patience.

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April 13, 2018, 08:11:16 AM
 #12

The downtrend was never going to last forever, there was always going to be a final bottom somewhere. Investors aren’t stupid, at some point big players think ‘this is cheap’ & pile in. The shedp follow & the price rise.




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April 13, 2018, 08:17:56 AM
 #13

I think this 'Mati Greenspan' statement etoros-greenspan-wall-streets-building-bridges-to-bitcoin about wall-street will connect to Bitcoin that has one of reason this surge. As we seen, those whales need trigger to return the market and we hopes many good news about it will coming.
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April 13, 2018, 08:35:11 AM
 #14

I see eye to eye with you, sir. bitcoin prices in the future will multiply doubles. I will never believe the bad news that beats bitcoin, because until now I will still believe in the world of cryptocurrency (botcoin).
bitcoin will immediately reflect its price up again with the help of the market pump and the upcoming positive news. take it easy though the market and cryptocurrency go to pieces like this, but this situation will soon take turns with a better situation.

Some people think that Bitcoin will be abolished in silo 2018. They will never increase the price of the Piccirillo Bitcoin, but the cost of this bitcoin has been reduced from $ 6500 to $ 7500 in the 60/70 minutes range. There is no doubt that the cost of bitcoin will double in the future.

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April 13, 2018, 08:48:10 AM
 #15

The problem with these breakouts is that it could have gone the other way as well. If market movers wanted to break the bottom trend, they could, which is quite interesting if you think about it.

In other words, while people are getting excited right now, they could have been into more panic if the $6000 mark got broken through. It doesn't cost market movers any effort to do it in a matter of seconds.

The higher we move up, the less likely this scenario becomes, and the more confidence people will gain. More confidence means more interested buyers. While it doesn't change anything for me personally, it's good to see people be happy.

The new market participants were given a lesson in how to remain calm during a correction. Those who managed to remain calm and hodl through will become stronger hodlers in the long run, and that's beneficial for everyone.

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April 13, 2018, 09:16:28 AM
 #16

this is why bitcoin is called volatile. and this is actually a small volatility, a couple of years ago if we were in the same situation the rise would have been a lot bigger than this, probably at least $3000 in one hour (30-40%) now it just was 14% rise in one hour which shows the volatility is actually decreasing, not by a lot but it is.














 

 

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April 13, 2018, 10:35:43 AM
 #17

Looks like some people were ordered to buy for quick jump and it really worked, price was pumped quite nicely. I hope it will stay around there or we can also experience just reverse of it in regret. P.S. I didn't buy any coins in that run.

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April 13, 2018, 10:52:47 AM
 #18


After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise?  Huh
In any case, it seems that whatever price bitcoin reached, you will still be negative about it and would not believe that it will reached a new ATH anytime soon. You can't expect that the price will continuously rise throughout the year because we all know how volatile it is. Just look at the past price trend of bitcoin in the past years in the market and you will be convinced after seeing it that this time of the year is where bitcoin's price is at a struggle point.
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April 13, 2018, 11:05:48 AM
 #19

Looks like some people were ordered to buy for quick jump and it really worked, price was pumped quite nicely. I hope it will stay around there or we can also experience just reverse of it in regret. P.S. I didn't buy any coins in that run.
The ease with which pumped bitcoin says that this is not an accident. There is a steady trend towards growth. Whales will reduce prices more than once. But it will be for short periods of time and after such rollbacks there will always be a jump to a higher level. I do believe that in early may the price of bitcoin will be around 15,000 dollars.

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April 13, 2018, 11:29:30 AM
 #20

The price of the Betcairn has been stable and has been rising for a long time in the past three months, but the recent rally is not normal:
  • tax day: People have gotten their tax returns so maybe new money has entered the market
  • Big whales: Recently, we have heard many wealthy families show their desire in bitcoin
if The 100 SMA exceed 200 SMA, price will rise up to 10,000$.

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