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Author Topic: What is the trend of Bitcoin prices?  (Read 205 times)
TUGUANL
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April 16, 2018, 05:03:14 AM
 #1

Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.
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April 16, 2018, 12:07:53 PM
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I think that bitcoin will necessarily go up in price and will undoubtedly jump its maximum price. The only question is how much higher he can jump.. Let its price will be $ 50,000 and more.. Why not?  Cheesy

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April 16, 2018, 12:18:03 PM
 #3

BTC trend in a 1-day chart showing $6574 strong support for BTC and $9032 strong resistance, it goes 9032 crosses easily go for $11673.
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April 16, 2018, 12:55:29 PM
 #4

Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.

The current trend indicates a decently large bullish run which is expected to take Bitcoin above the five figure mark without any troubles, within the weekend. This is a great sign of a big rebound and much more to come after the long draught from the beginning of January which saw prices as low as $6k.

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April 16, 2018, 01:00:05 PM
 #5

Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.

Nobody can tell whether it is the start of the price hike or not. It all depends on the people investing in it. Predictions are only making fuzz about the price of Bitcoin which has no basis. So all we have to do is hold and wait for the price to hike higher.

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April 16, 2018, 01:06:54 PM
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 #6

BTC trend in a 1-day chart showing $6574 strong support for BTC and $9032 strong resistance, it goes 9032 crosses easily go for $11673.

These are just speculations that works with technical analysis. They have been stationed as graphs on the platform but if fundamental news comes, it turns the market to the extent that some investors can't understand any longer. You just wish that no news comes within this time.

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April 16, 2018, 01:09:10 PM
 #7

BTC trend in a 1-day chart showing $6574 strong support for BTC and $9032 strong resistance, it goes 9032 crosses easily go for $11673.

Nice analysis and I think it can really break down that resistance. Its an uptrend now, bitcoin will hold on $8k level and hits $10k this month.

I think that bitcoin will necessarily go up in price and will undoubtedly jump its maximum price. The only question is how much higher he can jump.. Let its price will be $ 50,000 and more.. Why not?  Cheesy

Still need more time for that and bitcoin should first break the resistance before it go higher. Let's see that thing this year Smiley


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April 16, 2018, 01:14:06 PM
 #8

I think that bitcoin will necessarily go up in price and will undoubtedly jump its maximum price. The only question is how much higher he can jump.. Let its price will be $ 50,000 and more.. Why not?  Cheesy

Yes it will necessarily goes up and no one can say how much it will getting higher because we know that bitcoin is unpredictable. But I always look forward that bitcoin will become unstoppable in increasing.

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April 16, 2018, 01:21:07 PM
 #9

That price can be a possibility as the jump during just one day was from 6.5k to 8k  straight. Now it has been fluctuating a little up and down around 8k so soon bitcoin might reach 11-12k soon but hold up that will be the price for the next few months or less. Bitcoin will definitely not stop only there but also rise further, it has been predicted by some crypto enthusiasts and financial strategist that by the end of 2k18 bitcoin might be anywhere between 25k - 100k. That sounds insane but let's wait for that period and see for ourselves.
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April 16, 2018, 01:27:12 PM
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Bitcoin will surely go up in any moment as we witnessed the price increase of bitcoin last year of the month was insanely pump without hesitation.

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April 16, 2018, 01:29:02 PM
 #11

Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.

It wil not necessarily hike that much in the first place. There is still great path for the bitcoin to over come. I mean people are still in shock when they saw the prices going up and I can read all over the forum people asking about is it the right time to buy the BTC or not.  Roll Eyes This means only one thing to me, people are still not buying the BTC even if they are seeing the bitcoin prices going up. If they started to do that already then we could have seen the prices going up by this time. But its good that the natural pump is happening in the parts as each time new lot of investors put money into it then it creates new buy walls thus systematically pushing it upwards.
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April 16, 2018, 01:34:02 PM
 #12

I believe that bitcoin will have difficulties with growth when it approaches the numbers 9000 and 10000.

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April 16, 2018, 01:35:59 PM
 #13

does it mean that the bottoming is successful
What do you mean that it is a success? Do you mean that $6,000 was already the success for those people who are waiting for the dip so that they can buy?
Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.
Many are expecting that it can go further at $25,000 so that $11,700 is just a pass through when bitcoin is back on bull.

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April 16, 2018, 01:39:41 PM
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Hmmm... I guess I would say "How the F#@< would I know?"  Do you actually think someone here knows the future?

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April 16, 2018, 01:45:48 PM
 #15

Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.

Looks like that we are on to something. I mean suddenly the price risen to 2-3K USD and its still stable after mega dump also. This means enough market cap has been injected into the BTC market to sustain its higher prices. By just looking at the prices many investors will now get crazy about it and will start investing into it in the hope that it will rise further and thus they could try their luck of getting profited. That though my friend is what we want now so that we can push the market ahead.  Cool


I dont know whether the prices will be 11K or more than that or who knows double than the last years ATH but surely its gonna be worth waiting for so much long period time.

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April 16, 2018, 01:50:16 PM
 #16

Well strictly speaking, the trend at the moment is upwards, but that's the thing about Bitcoin: that's about as far as you can go with trends. It has been doing relatively well lately, but that could reverse at any time, and the bottom could be even lower than what you'd have thought. If someone tells you Bitcoin is about to get into the $12k territory because of the recent upward trend, I can guarantee you that they're simply guessing.

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April 16, 2018, 01:51:36 PM
 #17

Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.

Many of us are really want to get it a higher price. But for me if I wanted to be a trending bitcoin prices are, much higher than of what I think.

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April 16, 2018, 01:57:06 PM
 #18

I believe that bitcoin will have difficulties with growth when it approaches the numbers 9000 and 10000.
Don't be so sure about that remember ATH is 20K USD resistance range would be $10,000 to $15,000 in my opinion, it can easily recover to 9K given the unpredictability of the market and the potential effect of the LN when it fully launches, Tax day in the US will come to end and some news about the wall street injecting new liquidity into bitcoin to stabilize the price in 8K, now the little dips that we are seeing probably from the traders and from the ones who are cashing out, bitcoin price has a long journey ahead this year we may see some roller coaster party for the price.

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April 16, 2018, 02:01:45 PM
 #19

Of course it will be higher!
You that its limit to 25,000 dollars!
Until the mark of support is reached, it will not go down strongly!

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April 16, 2018, 02:41:19 PM
 #20

It's too early to start discussing about a 5 figure target just because of the recent uptrend, I think 10k still represents a big barrier (resistance level). We might see that number that you mention (11.7k) once the bull run begins and FOMO kicks in making the price skyrocket. But in my opinion, it's very unlikely that the current uptrend will takes us to those numbers.

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