This is not the rise you are looking for

[Btcschool]

It's possible sure. But we've seen a double bottom at around 6000, and furthermore the last drop to the 6000s stayed around there in the 6000s/7000s for a few weeks and volatility dropped, indicated that the price discovery for bitcoin's bottom was seemingly at an end. It's bottom was discovered so the price volatility dropped a bunch and it hung out there for a while. Now we are getting the boost off that bottom. This is likely the start of the inflection point from bear market to bull market. Not that is gonna go straight up, I expect it to take a couple of months to really put this floor behind Bitcoin and get back over $10k (though it could happen quicker). I think we've likely seen the end of challenging the floor in the 6000s. The rest of the year will probably be a gradual and rocky climb back to $20k.

I really want to hope this is the case considering how volatile the market may be. Double bottom or not, I know the long term is still intact as we have a lot of growth to watch out for but for the short term, I honestly just want to keep an open mind to anything knowing how the market has reacted in the past and even after seeing some level of breakout, we still ended up seeing some huge pull back, and I hope this would not be another scenario of same thing happening.

Another thing is that the news had become decidedly more positive recently. In Jan/Feb there was bad news hitting on a weekly or quicker basis (ad bans, hacks, regulatory stuff, country bans, etc). Right now the only news I see recently is just predictions by financial people and basic reporting on the price movements. Even good news earlier this year was getting gobbled up in the news by the bad news. Now the news itself is pretty neutral and sentiments seem to be positive and that the market as a whole is ready to start growing again.

I no doubt expect some pullbacks, but not severe pullbacks - not bear market stuff. Maybe we'll see a pullback to low 8000s before bitcoin moves to $10k, but I don't see any reason to think it's gonna drop back to under $8000 let alone $6000s. The rest of this year (or most of the year) is probably analogous to 2016 - gradual buildup back to the ATH.

All the predictions about the price of bitcoin till date didn’t come true and many investors disheartened with their investment, but we should keep one thing in mind that investment in bitcoin should be for long term and you must be patient because in short term it may result in loss but you will have to wait to earn money from your investment in bitcoin.

[PG13]

We cannot really say this time if this is the rise were looking for. Yes actually manipulation is always presents in the market, others are too much believes that rise is sure coming but actually we did'nt know yet if this the rise yet I am hopeful so I can earn.

I quite agree with you; we can't be very sure.  I remembered well that last month beginning , there have been a similar scenario where there was a dip and then the price went back to $9k though, it didn't last like the recent.  Aside from major whale manipulators, there are super excited traders who would rush and sell off to make few gains without being patient enough to wait for the bigger opportunity.

Yeah the resistance is always there threatening us and they are just waiting for the best time to dump their coins but somehow why really happens now is a good sign that we are now much better than the previous months. Let's be positive about this movements and hope that we are all in a common goal to going up.

[candolbitcoin214]

As we hope it to rise, always looking any rise like a saver but instead they seem like to a trap.
Just look at one month ago what happened from any graphic, from 7200 to 9200 it was a wild process it just rised too fast then everybody believed it is real and jumped, left with a bag in lap ,it came back to 6ks. So calculate well it s the same guy again moving, it will rise then another rise then a big fall. if it rises too steep that means it not natural, if its not natural grace yourself 

I think this movement of price increase is much better than falling price..Instead of stating negatively on this we ought to appreciate it as it is nd hope that it will continue to rise..so far it is almost a month since the price is moving up those it thus not reach our expectation this is way better than a falling price.

[teramit]

it started to cashout , its about the money he collected from this loop , he finished carrying price up probably cash finished, now will going to sell over and over, he will stop selling a little for small investors to think that drop is finished and will have more buying and buy orders after enough buy order piled up another drop will come for to wipe them.
This will continue till the manipulators btc's finish. When that time comes he will start another loop. This loop is ending , i am not sure it ll stop over or under where it started (6900 usd).it depends on money he collected. Last 3 loops finished lower than their starting points, so we can say it will go below 6800s according to stats.

[winterland]

It's possible sure. But we've seen a double bottom at around 6000, and furthermore the last drop to the 6000s stayed around there in the 6000s/7000s for a few weeks and volatility dropped, indicated that the price discovery for bitcoin's bottom was seemingly at an end. It's bottom was discovered so the price volatility dropped a bunch and it hung out there for a while. Now we are getting the boost off that bottom. This is likely the start of the inflection point from bear market to bull market. Not that is gonna go straight up, I expect it to take a couple of months to really put this floor behind Bitcoin and get back over $10k (though it could happen quicker). I think we've likely seen the end of challenging the floor in the 6000s. The rest of the year will probably be a gradual and rocky climb back to $20k.

I really want to hope this is the case considering how volatile the market may be. Double bottom or not, I know the long term is still intact as we have a lot of growth to watch out for but for the short term, I honestly just want to keep an open mind to anything knowing how the market has reacted in the past and even after seeing some level of breakout, we still ended up seeing some huge pull back, and I hope this would not be another scenario of same thing happening.

Another thing is that the news had become decidedly more positive recently. In Jan/Feb there was bad news hitting on a weekly or quicker basis (ad bans, hacks, regulatory stuff, country bans, etc). Right now the only news I see recently is just predictions by financial people and basic reporting on the price movements. Even good news earlier this year was getting gobbled up in the news by the bad news. Now the news itself is pretty neutral and sentiments seem to be positive and that the market as a whole is ready to start growing again.

I no doubt expect some pullbacks, but not severe pullbacks - not bear market stuff. Maybe we'll see a pullback to low 8000s before bitcoin moves to $10k, but I don't see any reason to think it's gonna drop back to under $8000 let alone $6000s. The rest of this year (or most of the year) is probably analogous to 2016 - gradual buildup back to the ATH.

All the predictions about the price of bitcoin till date didn’t come true and many investors disheartened with their investment, but we should keep one thing in mind that investment in bitcoin should be for long term and you must be patient because in short term it may result in loss but you will have to wait to earn money from your investment in bitcoin.

There are so many predictions in the forum and around the web that some of them are bound to be true, what it's really difficult is to get your predictions right consistently to this day I have yet to meet a single person that is able to do that, and I don't think I am ever going to meet a person like that because to me trading is mostly a matter of luck no matter how much you study.

[xuan87]

Yes, a good rising of a coin is supposed to be slow with a little bit up and down, a fast rising only going to caused a correction and people will look at the coin with negative view, so we need a small steady rising like the one that happened in this week, small green candle but resist for a long time

[letua]

Slowly but will surely hit the moon in due time. Dramatic decrease seems will not last so long because we see the growth of price in the market. Wait patiently is the best way to do towards seeing in the proper time bitcoin increase.

[kdrama]

You are just negative thinking what are you saying is when the bitcoin price increase all the time that guys is just that do it and as you expected the price of bitcoins will be decrease again so everytime the price increase you are negative thinker. You should do the trading for you to know.

[jrrsparkles]

I think this is the rise what everyone looking for that was happened a week before a huge bump of $1000 bump in the minutes made some good recovery all over the market,and after that bitcoin price moved to another level of above $9000 and I hope it will hit $10K soon in one or two days so keep investing on guys.

[Farma]

I think this is the rise what everyone looking for that was happened a week before a huge bump of $1000 bump in the minutes made some good recovery all over the market,and after that bitcoin price moved to another level of above $9000 and I hope it will hit $10K soon in one or two days so keep investing on guys.

well, everyone is waiting for a price above $ 10000. many people feel that it is the ideal price for 1 bitcoin. well, bitcoin never passed that price, so maybe a lot of people have bought bitcoin under $ 10000, and are waiting for the right moment to sell the bitcoin.

[maemunah]

I think this is the rise what everyone looking for that was happened a week before a huge bump of $1000 bump in the minutes made some good recovery all over the market,and after that bitcoin price moved to another level of above $9000 and I hope it will hit $10K soon in one or two days so keep investing on guys.

well, everyone is waiting for a price above $ 10000. many people feel that it is the ideal price for 1 bitcoin. well, bitcoin never passed that price, so maybe a lot of people have bought bitcoin under $ 10000, and are waiting for the right moment to sell the bitcoin.

it's really what you say with us buying lots of bitcoins and more patience to wait for the right time we can get a big advantage when our bitcoin is sold at a high price

[Slow death]

from 7200 to 9200 it was a wild process it just rised too fast then everybody believed it is real and jumped, left with a bag in lap ,it came back to 6ks.

The markets are so, they are volatiles and many people know this,  this is the main reason why they like this market, that arrives early, who has good eye to see when low is low and when high is high, is that has profits and more profit every day, who arrives late and does not do the proper research, then this person must wait until the price recovers in order not to have losses. this is a dangerous market and one should not buy and create high expectations that it will be rich quick

more patience to wait for the right time we can get a big advantage when our bitcoin is sold at a high price

the biggest problem is knowing when is the right time to sell, for example has analysts who believe that the price could reach $ 250,000 in 2022, would that be a good time to sell? or will we sell for $ 20,000? this is the question, what is the right time to sell?

[Yamifoud]

Obviously as this trend, many people will loss their money if they really don't know how play. Yeah, the desires of getting rich quickly isn't a good idea at all. Having crypto investment is just hoping for luck, hoping for a good market trend because the more it become known worldwide the more it become volatile. 

[Baofeng]

Obviously as this trend, many people will loss their money if they really don't know how play. Yeah, the desires of getting rich quickly isn't a good idea at all. Having crypto investment is just hoping for luck, hoping for a good market trend because the more it become known worldwide the more it become volatile. 

Exactly. If you don't know how to play around and ride the waves you will easily get burn, very fast. Specially in the last 3 months wherein we saw the price plummeted to its all time low.

Crypto investment is not for the weak of heart. You also need a lot of luck and of course don't sell when the price is going down. Patience is the key + timing. But if you are here to make quick buck, you are very wrong because you need to work you ass off and make the correct decision before making a lot of money.

[BTCappu]

We cannot really say this time if this is the rise were looking for. Yes actually manipulation is always presents in the market, others are too much believes that rise is sure coming but actually we did'nt know yet if this the rise yet I am hopeful so I can earn.

I quite agree with you; we can't be very sure.  I remembered well that last month beginning , there have been a similar scenario where there was a dip and then the price went back to $9k though, it didn't last like the recent.  Aside from major whale manipulators, there are super excited traders who would rush and sell off to make few gains without being patient enough to wait for the bigger opportunity.

Yeah the resistance is always there threatening us and they are just waiting for the best time to dump their coins but somehow why really happens now is a good sign that we are now much better than the previous months. Let's be positive about this movements and hope that we are all in a common goal to going up.

Ofcourse it is not the price we are looking for a good and efficient price in the upcoming days. We have expected the price at the time of investment that get something from the market but as we know that it is a long term investment process and all we need is to involve with patience and nothing more so that we are going positively and wait for the returns we are expecting.

[sakokinak]

Slowly but will surely hit the moon in due time. Dramatic decrease seems will not last so long because we see the growth of price in the market. Wait patiently is the best way to do towards seeing in the proper time bitcoin increase.

As I can guess, the market can become very volatile again. I am afraid that the red color will change the green one often again. Probably I am wrong (I hope).

[Cacingkemi]

Can be concluded as it is indeed but after reading from EdenHazard He is right we are actor and once again we will not fall on the same hole,otherwise BTC value so far is still good and this is the recovery period I think it will not go down as far 6K.Now until the end of the year there will be no further correction to it again and whales seem to be holding at a value higher than 6K.

[HiringYou]

From  the data of last few weeks we can see that the prices of bitcoin is increasing which is a good sign for the investors.But we all know this is not exactly what we all were looking for.We all are expecting a huge jump in the price but that type of rise  is still not seen for what we are looking for.Virtuality of bitcoin is the major reason.Nobody knows when the price will rise or when it will fall down.Within seconds changes in the price of bitcoin is happening.Hoping for the best that in coming days  it will jump as high as possible and will give us more and more profir.

[so98nn]

As we hope it to rise, always looking any rise like a saver but instead they seem like to a trap.
Just look at one month ago what happened from any graphic, from 7200 to 9200 it was a wild process it just rised too fast then everybody believed it is real and jumped, left with a bag in lap ,it came back to 6ks. So calculate well it s the same guy again moving, it will rise then another rise then a big fall. if it rises too steep that means it not natural, if its not natural grace yourself 

First I also thought that this price pump is not real but when price were rising over few days then I feel that this is the real pump because it was already three months for the price dips occurring regularly. But still this is not the real surge which is still to come by Q3-Q4 of 2018 so just stay calm and hodl your btc for long if you want huge profits.

[vibingpositively]

As we hope it to rise, always looking any rise like a saver but instead they seem like to a trap.
Just look at one month ago what happened from any graphic, from 7200 to 9200 it was a wild process it just rised too fast then everybody believed it is real and jumped, left with a bag in lap ,it came back to 6ks. So calculate well it s the same guy again moving, it will rise then another rise then a big fall. if it rises too steep that means it not natural, if its not natural grace yourself 

First I also thought that this price pump is not real but when price were rising over few days then I feel that this is the real pump because it was already three months for the price dips occurring regularly. But still this is not the real surge which is still to come by Q3-Q4 of 2018 so just stay calm and hodl your btc for long if you want huge profits.

Maybe not the rise we wanted in BTC but the rise in alts surely is what we wanted. You might have to hodl your BTC a little longer to have a breakout worth watching (because the best 10 days of last year made up most of Bitcoin gains, and I doubt this year will be different), but if you want to see alts takeoff the time is now.