Jamboo30 (OP)
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April 13, 2018, 07:01:46 AM Last edit: April 23, 2018, 02:19:12 PM by Jamboo30 |
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In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $. I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover. Please keep calm and be careful with the trap.
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Neelix
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April 13, 2018, 07:06:10 AM |
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I disagree with that; seeing the technical analysis a clear uptrend is happening. The support zone around 6900$ has been tested for weeks now, and after this enormous pump a new zone has been formed around 7500$. If the support sustains for some days, even higher prices are possible again in the upcoming weeks.
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Jamboo30 (OP)
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April 13, 2018, 07:33:08 AM |
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I disagree with that; seeing the technical analysis a clear uptrend is happening. The support zone around 6900$ has been tested for weeks now, and after this enormous pump a new zone has been formed around 7500$. If the support sustains for some days, even higher prices are possible again in the upcoming weeks.
Cryto is not same as the stock, the technical analysic only for reference. When the BTC down, alot of analysers said that the support bound was 12000 $, an can not went down through this point, they sure 100%, and the result as you see.... go down to ~6000 $.
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Neelix
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April 13, 2018, 07:46:50 AM |
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Cryto is not same as the stock, the technical analysic only for reference.
Absolutely correct. Though the past has shown that especially these patterns (testing support for weeks resulting in an explosive pump) usally are the beginning of a clear uptrend. Additionally, there have been a lot of positive developments regarding regulation & adoption lately. ...i think we don't have to mention in every sentence that this all still is pure speculation.
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jamesbond007pro
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April 13, 2018, 02:40:46 PM |
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Today, on the coinmarketcap.com you can see Bitcoin (34.91%)/24 Hour Volume Rankings (Currency). The Binance is the No.1 exchange. Marketcap reach $323.451.409.995. I think the uptrend is going to win this time
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jamesbond007pro
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April 13, 2018, 02:42:48 PM |
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In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $. I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover. Please keep calm and be careful with the trap.
I agree with you. A long time the downtrend was going. All investors didn't want that.
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Jamboo30 (OP)
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April 13, 2018, 02:44:07 PM |
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Today, on the coinmarketcap.com you can see Bitcoin (34.91%)/24 Hour Volume Rankings (Currency). The Binance is the No.1 exchange. Marketcap reach $323.451.409.995. I think the uptrend is going to win this time
Hope so, but i still think this only the test of shark. The fluctuation of BTC is very strange, it defeat all support bound. I think BTC will go to 8200 and go down after that.
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poliy1219
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April 13, 2018, 02:48:33 PM |
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The market is controlled by whale, which can not be denied. Especially from the two days of market control, we feel that whale is strong. I don't think the market has really gone out of the bear market or has recovered. There are still some days to observe.
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jamesbond007pro
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April 13, 2018, 03:02:20 PM |
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The market is controlled by whale, which can not be denied. Especially from the two days of market control, we feel that whale is strong. I don't think the market has really gone out of the bear market or has recovered. There are still some days to observe.
Yes maybe you are right. We should observe some days. I think this is the good news for all traders
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Hamphser
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April 13, 2018, 03:07:24 PM |
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In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $. I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover. Please keep calm and be careful with the trap.
Such sudden movements would really make questions on our mind yet the price had risen on a short span of time which we can somehow able to make up some words towards that. Bull trap or not we wont even know on where the trend would go but for sure there would always a reversal trend because market wont able to stay put only in a single way.
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yrrehc16
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April 13, 2018, 03:24:03 PM |
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I think this is the real market issue now and not a bull trap. This is the best thing for the holders now and just wait for a couple of months and i think we are into it. we will gain the achievement that bitcoin earned before.
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jamesbond007pro
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April 13, 2018, 03:26:33 PM |
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In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $. I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover. Please keep calm and be careful with the trap.
Such sudden movements would really make questions on our mind yet the price had risen on a short span of time which we can somehow able to make up some words towards that. Bull trap or not we wont even know on where the trend would go but for sure there would always a reversal trend because market wont able to stay put only in a single way. Thanks for your opinion. I think we have to observe for a long time. The market get the good signal. I hope the BTC can reach 9k this weekend.
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uncleduckerr
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April 13, 2018, 04:12:00 PM |
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In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $. I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover. Please keep calm and be careful with the trap.
I agree with you. A long time the downtrend was going. All investors didn't want that. Hardly long time I would say. The downtrend mostly occurred in a span of 3-4 weeks in early January and February. After that we have been consolidating and chopping sideways for the last 2 months or so. Until we can break outside the channel of 6-12k we still be consolidating. Will believe we are in a bull run when we are above 12k and not a penny before that.
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Jamboo30 (OP)
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April 16, 2018, 02:15:30 AM |
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In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $. I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover. Please keep calm and be careful with the trap.
I agree with you. A long time the downtrend was going. All investors didn't want that. Hardly long time I would say. The downtrend mostly occurred in a span of 3-4 weeks in early January and February. After that we have been consolidating and chopping sideways for the last 2 months or so. Until we can break outside the channel of 6-12k we still be consolidating. Will believe we are in a bull run when we are above 12k and not a penny before that. Observed some day ago and saw the input source investment, I think the market go to real uptrend. The priece will increase step by step, not same as the end of 2017 when BTC dramatically increased from 10k to 20k in 2 weeks. Hope this guess becom true
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Milansilver7
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April 16, 2018, 03:53:11 AM |
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vigilance is a good thing in trading krypto currency, we can analyze and make assumptions about what is happening in the market right now. I agree with you, we must remain calm and alert, careless is not a good solution in overcoming the current market situation.
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nniecan001
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April 16, 2018, 09:32:39 AM |
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vigilance is a good thing in trading krypto currency, we can analyze and make assumptions about what is happening in the market right now. I agree with you, we must remain calm and alert, careless is not a good solution in overcoming the current market situation.
There's a lot of fake news about the crypto currencies right now, and if you are not aware on this, you gonna fall on their trap to withdraw or trade all your token in a low price, which is a no no decision. Good thing that you understand to be calm at all times. Hope that most of us know about this thing, simple but very effective specially in alternative coins section.
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zoiapisya
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April 16, 2018, 10:36:14 AM |
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$ 8000 for one bitcoin, is much better than $ 6000 a couple of days ago. I think we are at the beginning of a new growth of the market, but we need to be careful and will not give in to the influence of panic or agiotage
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A.SanchezNo7
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April 16, 2018, 01:36:45 PM Last edit: July 09, 2018, 12:26:09 PM by A.SanchezNo7 |
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Dear everyone, At now, BTC is still low price!
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nniecan001
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April 19, 2018, 11:53:43 AM |
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Dear everyone, In many topics, a lot of members worry about crypto market go down, they ask when the market come back, when the market green again.....? As i have said in those topics that the market will come back in the end of year. Market go uptrend as you say be a strong proof for my idea. But at now, the market doesn't go up strongly and quickly. Above only my idea and remind you that the market is still unpredictable.
Unpredictable movement of value is one of the main nature of cypto currency. Well as you see, the green days is real on this current time. You can see it clearly in this website ( https://coinmarketcap.com/ ) If you track the graph of bitcoin last year ( https://coinmarketcap.com/currencies/bitcoin/ ), second quarter of the year the bitcoin aim his value and start to go on top. Some people notice this and I think that is more favorable to everyone of us.
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Jamboo30 (OP)
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April 19, 2018, 12:02:39 PM |
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Dear everyone, In many topics, a lot of members worry about crypto market go down, they ask when the market come back, when the market green again.....? As i have said in those topics that the market will come back in the end of year. Market go uptrend as you say be a strong proof for my idea. But at now, the market doesn't go up strongly and quickly. Above only my idea and remind you that the market is still unpredictable.
Because the market went down for a long time until December 2017, the value of the coin is dramatically decrease 1/5. The good signal in some day ago maybe is the recovering signal, the market can go up, but i think the speed is very slow. But in the end of 2018, BTC price can reach 50k $.
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