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Author Topic: What now?  (Read 197 times)
magneto
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April 16, 2018, 04:06:56 AM
 #41

As we see the bitcoin value is gradually decreasing again on this moment  which is from 8k the price fluctuate back to $7900 , now we need strong explaination about this which is if it's a normal correction of price or it will decrease gradually  again back to the bottom.  ?

Resistance, at $8k+ as expected has been pretty strong, as I've expected.

The price decrease yesterday was a minor adjustment, probably due to profit takers as bitcoin has obviously risen for a few consecutive days. Although the price had gone up again today to $8150 at the moment, I don't think that we're really in a newly refreshed bull market.

It'll be hard for BTC to advance past $9k in this rally, let alone hit the 5 digit mark like some people have predicted. IMHO, that is just not happening. The bullish momentum isn't strong enough right now for that to happen, in the midst of a market with strong bearish sentiments. I think the price will hit $9k+, then gradually make its way down again, probably at the end of the month.

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April 16, 2018, 05:01:48 AM
 #42

As we see the bitcoin value is gradually decreasing again on this moment  which is from 8k the price fluctuate back to $7900 , now we need strong explaination about this which is if it's a normal correction of price or it will decrease gradually  again back to the bottom.  ?
I am a bit happy now that bitcoin is seen to be a bit stabilize. I think we should not be over worries over all this things and we should expect that bitcoin is going to be future of money and if it is going to be used all over the world it should behave the ways it is.

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April 16, 2018, 05:26:04 AM
 #43

As we see the bitcoin value is gradually decreasing again on this moment  which is from 8k the price fluctuate back to $7900 , now we need strong explaination about this which is if it's a normal correction of price or it will decrease gradually  again back to the bottom.  ?

what you can do now is lament your bad luck, but you must rise up and be able to find or recover the assets you have burned, by the way you can find more capital for trading by becoming a participant of bounty campaign and surely you will be able to get trading capital again.

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April 16, 2018, 06:54:47 AM
 #44

Today is Monday, there is nothing need to be worried, last weekend all trend going to positive, surely this week this bull still on, there is no need about explanation about how correction will takes few but how you will take correct time to buying before train going to rally.
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April 16, 2018, 04:05:49 PM
 #45

Look at the future of bitcoin, do not look at the near future. Bitcoin will increase its price no matter what. RIght now is a good chance for us to buy more bitcoin. $8000 is still good for people who want to buy more and collect more bitcoin


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