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Author Topic: Swinging around 8k and countinnngg....  (Read 199 times)
bitbunnny
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April 23, 2018, 06:55:49 PM
 #21

At least until the end of the month I don't expect some biger price movements. To my opinion the price will continue to move somwhere between 8000$ and 9000$.
At first this last rise looked like it might continue but actualy we all know how Bitcoin easily changes and now it's the period when we should be ready for every kind of scenario. Still hope to see Bitcoin crossing 10000$ in May.

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April 23, 2018, 07:09:16 PM
 #22

People need to have confidence in the market sometimes before they commit to buy. I think we’ll likely see over $10,000 before the end of June 2018.

That's also how we managed to reach near $20,000 levels. It is purely a confidence boost they need, which to a certain extent is understandable, but there are limits, especially so if they see the market either in good or bad condition -- there is no such a thing as consolidation for them. I think it's safe to say that almost everyone started like that, whether it's here or in traditional markets. For me it's not different. I kept wondering why the price always went up after selling, and down after buying. I lost money a few times because of that, but eventually learned from my rookie mistakes, which is something other people have to figure out as well. It looks like nothing is changing, but that's because of how many total rookies are entering this market. For every 1 noob learning from its mistakes, there are 15-20 new rookies entering the market doing things wrong.
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April 23, 2018, 07:18:56 PM
 #23

At least until the end of the month I don't expect some biger price movements. To my opinion the price will continue to move somwhere between 8000$ and 9000$.

Same, i don't expect so much, starting May with $9000 and consolidating over it for a while is required.

At first this last rise looked like it might continue but actualy we all know how Bitcoin easily changes and now it's the period when we should be ready for every kind of scenario. Still hope to see Bitcoin crossing 10000$ in May.
At the end of May, we may expect to see that price but what is essential in my opinion is the consolidation part. Having a solid $9000 ground is way better than volatile <12 hours +$10k.

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April 23, 2018, 08:28:12 PM
 #24

I'd rather be having a stable price than one that's going from $8,000 to $12,000 in a matter of days and this current flow isn't so bad at all.

I mean, I'd like to have a price ok $20,000 again, and we will, but slower and steady rise is much better in my opinion, otherwise we'd see a ton of panic sellers at peak price.

At the end of May, we may expect to see that price but what is essential in my opinion is the consolidation part. Having a solid $9000 ground is way better than volatile <12 hours +$10k.

Every solid price above $8,000, nowdays, is better than any volatile price at $10,000. Grin

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