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Author Topic: Bitcoin price raised by $1000 within one hour. Is it a good signal?  (Read 306 times)
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April 17, 2018, 08:01:18 AM
 #21

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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April 17, 2018, 09:11:25 AM
 #22

after bitcoin Go to pieces in the last few weeks, finally we can now see the price back increased. I'm still wondering, is it time for an actual increase or just a bull trap? yes, I hope this is an improvement that will bring the price to the next level. yesterday's increase has been a lot of fun for traders and investors alike. but, not a few also who regretted having sold it at the weekend yesterday. we will soon pick up the price we want in this year.
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April 17, 2018, 09:16:38 AM
 #23

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.
It can touch 8,500$ this week but we need to be realistic. Do we really need Bitcoin to go up this fast? I mean 1,000$ in just 30 minutes is fast enough. Rather than Bitcoin gathering up market confidence a lot of people will see this as some kind of huge manipulation. It barely has touch 8,400$ which means the bulls and other people are now scared of attempting another price rally because of how the way Bitcoin broke from the 6,800$ level. If we want to see Bitcoin go up in  good manner we must see it crawl its way back up.
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April 17, 2018, 09:21:37 AM
 #24

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy
This jump increase is due to good news about Bitcoin and some investors from wallstreet who will enter the market, we should be positive that after this quarter the bull trend will continue to run.
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April 19, 2018, 05:50:14 PM
 #25

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.

I also hope that we cross 8500$ soon. Its been few says bitcoin price is between 8000 to 8400$ and this is not getting pass 8500$. The reason is that bitcoin price has high resistance at 8700$ and then at 9200$. Once it cross 9500$, then we can safely assume that we are in a bull run.

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April 21, 2018, 12:39:07 PM
 #26

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy
This jump increase is due to good news about Bitcoin and some investors from wallstreet who will enter the market, we should be positive that after this quarter the bull trend will continue to run.

I don't think it can be considered as a bulltrend yet at this point. Yeah the price increased quite a lot in a short time but it's not an indication of an actual bull reversal. Not yet. A lot can still happen and even now a few corrections are shaping up. I'm positive about this year but i'm keeping my expectations modest

 
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April 21, 2018, 07:06:14 PM
 #27

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



In my opinion it is a good signal for the crypto traders. It is the right time to buy BTC. Usually this kind of fluctuations and high jump comes only when there is any change of rule or development in relation to crypo currency. So every country should regularize the cryptocurrency. 
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April 21, 2018, 08:13:30 PM
 #28

I'm positive about this year but i'm keeping my expectations modest

Same here. The problem is that people are too focused on a recovery, while honestly speaking, what is there to recover? The market has had to deal with two faces in the last 6 or so months, where the speculative hype demand made the price reach record levels, while after that the adjustment back to regular demand made the market fall back down to levels significantly lower. We have to start building our way up from scratch again, which is something I can only support. Speculative hype cycles are part of this market, but have never been reliable -- the only correct option to follow is to sell in such scenarios to later re-enter the market. It will be interesting to find out what the next bull run will look like. If it's as extreme as last year, my conservative prediction of $50,000 before the block halving will be peanuts, lol. Cheesy
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April 21, 2018, 08:32:40 PM
 #29

I also hope that we cross 8500$ soon. Its been few says bitcoin price is between 8000 to 8400$ and this is not getting pass 8500$. The reason is that bitcoin price has high resistance at 8700$ and then at 9200$. Once it cross 9500$, then we can safely assume that we are in a bull run.

It just took one day after your post for Bitcoin to cross $8,500. It also crossed the high resistance level of $8700 that you mentioned. It will take some time before Bitcoin crosses $9,200 but I prefer it that way. When you have a mad rush and people scrambling to buy bitcoins, it inevitably results in a crash.


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April 21, 2018, 08:45:12 PM
 #30

this is more like a good sign than a good signal.
I have never been a great trader, but I know the difference between a signal and a sign.  My opinion is that what we're seeing right now with the price bodes well for bitcoin, and all cryptos too.  Could it be a good trading signal?  Yes, if chasing momentum is your strategy and that's actually proven to work in the short term.  Never had luck with it myself because of trigger shyness, but this is another matter.

Any huge jump is good news for bitcoin.  We have been beaten into the dirt for too long now and I, like I'm sure many others here, have been waiting with bated breath for the rise back to $20,000.  Can't wait!
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April 25, 2018, 02:30:22 AM
 #31

this is more like a good sign than a good signal.
I have never been a great trader, but I know the difference between a signal and a sign.  My opinion is that what we're seeing right now with the price bodes well for bitcoin, and all cryptos too.  Could it be a good trading signal?  Yes, if chasing momentum is your strategy and that's actually proven to work in the short term.  Never had luck with it myself because of trigger shyness, but this is another matter.

Any huge jump is good news for bitcoin.  We have been beaten into the dirt for too long now and I, like I'm sure many others here, have been waiting with bated breath for the rise back to $20,000.  Can't wait!

I, myself, never had luck with short term trading. But I joined to the cryptocurrency world in the wrong time. It was when BTC price sky rocket last year december. Can't wait to see the rise of BTC again.
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April 27, 2018, 09:15:09 AM
 #32

I think this is quite interesting if bitcoin increases $ 1000,
because the currency is easy to play with its value, has no intrinsic value at all, worse than paper money and demand deposits, which makes it easy to make the third world economy easy on the ebb Grin
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April 27, 2018, 09:35:31 AM
 #33

this is more like a good sign than a good signal.
I have never been a great trader, but I know the difference between a signal and a sign.  My opinion is that what we're seeing right now with the price bodes well for bitcoin, and all cryptos too.  Could it be a good trading signal?  Yes, if chasing momentum is your strategy and that's actually proven to work in the short term.  Never had luck with it myself because of trigger shyness, but this is another matter.

Any huge jump is good news for bitcoin.  We have been beaten into the dirt for too long now and I, like I'm sure many others here, have been waiting with bated breath for the rise back to $20,000.  Can't wait!

I, myself, never had luck with short term trading. But I joined to the cryptocurrency world in the wrong time. It was when BTC price sky rocket last year december. Can't wait to see the rise of BTC again.
Just stay calm and wait till you see the huge jumped again, as you mentioned that you came in last decemebr where the new height has been reached
better to keep holding and wait till you reached another new peak, as we knew that bitcoin will go back to that height or much even stronger than what
we expecting to see, just keeps on waiting that's key to earn bigger.

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April 27, 2018, 10:38:48 AM
 #34

Bitcoin price suddenly increasing and decreasing highly is not good for bitcoin.It would just increase the volatile nature of bitcoin.Gradual increase and decrease only would build trust among investors over bitcoin.However new investors would get excited on seeing such price hikes and would immediately buy bitcoins.

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April 27, 2018, 06:06:02 PM
 #35

No need to wait anymore, this is a very waiting thing for many people. Maybe a lot of people are in line with my mind that selling digital gold is the right move to buy it again (Bitcoin) when the price drops drastically. Of course this is the best thing if the people wait is the rise in the price of digital gold. Grin
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April 27, 2018, 06:25:37 PM
 #36

It's a good sign considering how low the price was in these weeks .Now the price decreased from 10000$ to 9200$ and i think that it'll continue to do that , but maybe over a few weeks will increase again.

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April 27, 2018, 06:28:51 PM
 #37

As we all know that all other cryptocurrencies prices tend to follow the fluctuation of Bitcoin. Today morning BTC price went up by $1000 only just within an hour. It's been a while since this big jumps. What do you guys think? Is it a good signal for all of us?  Cheesy



This raise made a positive impact on the price of bitcoin.By this the new investor will inverse their money.And old investors will buy more bitcoin,finally the price of bitcoin will increase.In a couple of days,bitcoin price is stable.So hold your bitcoin for a week,then you can sell at next peak.The price of bitcoin will reach 8500$ by the end of this week.

Are you part of them (Investors). If you have digital gold will you sell it as soon as possible?
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April 27, 2018, 08:24:11 PM
 #38

It was more then one hour but you are right , bitcoin has grew 1000 $ in almost 2 hours . But Unfortunately he has dropped again with the same number he has grew .  He dropped with 1000$  . Its strange , bitcoin is a strange think , he is dropping and then he is coming back , he is growing again . I have no ide why this is happening.
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