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Author Topic: BTC Holding Strong  (Read 1305 times)
Elysian_ELY (OP)
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April 22, 2018, 06:36:05 PM
 #1

https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/

It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

Good Luck Traders,
The Elysian Team
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April 22, 2018, 06:40:40 PM
 #2

The Titanic is holding strong on the bottom of the sea floor and you have to remember that Tulips
had up and down days until, well until they didn't anymore.

The jigs up my friend, Miners with $55 per transaction fees killed it, fertilizer (SHIT) needed to
grow tulips become worth it's weight in gold towards the end you know.

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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April 22, 2018, 06:47:57 PM
 #3

I'm not that confident as you are. I don't think the price of bitcoin will keep the pace on. I think Bitcoin might going to be a stable currency. I know the time hasn't come yet but still I don't think the price or value of the BTC will keep rising like this week. The pace might keep heading up for a month or two, then again it will fall. I'm pretty sure this is what is gonna happen.
melonbtchunter
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April 22, 2018, 09:54:25 PM
 #4

I think that BTC Holding Strong. Because BTC strengthens people in terms of money. BTC market is temporary. Sometimes it increase and sometimes it decreases again. So when it's low in price it is better to buy it. When it's price increases, it is better to sell. From the beginning it is seen that the price is increasing gradually. So, if BTC Holding, people will be strengthened by money.
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April 22, 2018, 10:08:06 PM
 #5

Right now bitcoin seems to be doing well. As you mentioned, BTC is facing some resistance at $9k which is perfectly normal since round numbers usualy serve as a psychological barrier, and this was the point of rejection we had on the last attempt to change the bear trend.

On the 13-03 bitcoin hit a low of $7.3K and then tried to change the trend and even got 3 green days in a row, with nice gains, but it got rejected at $9k all the way to $6k. So a move above $9k is very important in my opinion. If we get rejected again, I'm afraid we will probably enter another big decline. No reason for that to happen though, so let's stay positive.

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April 23, 2018, 12:20:47 AM
 #6

It is true that bitcoin will soon rise again beyond the 9k price, this is very much awaited news by many people and especially by bitcoin holders.
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April 23, 2018, 12:37:41 AM
 #7

Coins with good liquidity, will certainly make the investors more interested
Because the coin is more stable than the coin is still in the developing stage

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April 23, 2018, 12:42:57 AM
 #8

The end of this bitcoin emang shows an increasing price, and I will still hold my bitcoin until bitcoin price reaches $ 35000, and I will get a big profit.
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April 23, 2018, 12:45:37 AM
 #9

do yall think a trillion dollar market cap is possible for bitcoin in the future?
TepungBeras
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April 23, 2018, 01:48:48 AM
 #10

I will continue to hold and hold bitcoins until bitcoin prices are really very high and the 9k price is not too good enough for me to release bitcoin.

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April 23, 2018, 01:55:21 AM
 #11

https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/

It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

Good Luck Traders,
The Elysian Team
People who doubt bitcoin are now regretting because they believe bitcoin will continue to surge but it isn't and thanks to them I have bought bitcoin at cheaper price. We still have 1 more week in the bullish season it would be better if we sell our holdings and buy in the dip again

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April 23, 2018, 01:57:56 AM
 #12

Either "the bubble will burst" or BTC will grow above 20k;
 I read that several big players, like Soros invested in the last dip(maybe rumors don't know); Huh
But it seems like BTC is growing again and if you just compare the former burst bubbles, you will see that there was muuuuuuuch more Volume and were more Investments; Wink Smiley
Another point is the fact that BTC could become a cash equivalent, in this case the Volume should be not less than 50 Trillion. Cool
gohan21
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April 23, 2018, 02:03:40 AM
 #13

Certainly the holders of bitcoin are powerful because they can not handle those who are weak because when the bitcoin price goes down they worry immediately and sell their bitcoin.
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April 23, 2018, 02:18:41 AM
 #14

Right now bitcoin seems to be doing well. As you mentioned, BTC is facing some resistance at $9k which is perfectly normal since round numbers usualy serve as a psychological barrier, and this was the point of rejection we had on the last attempt to change the bear trend.

On the 13-03 bitcoin hit a low of $7.3K and then tried to change the trend and even got 3 green days in a row, with nice gains, but it got rejected at $9k all the way to $6k. So a move above $9k is very important in my opinion. If we get rejected again, I'm afraid we will probably enter another big decline. No reason for that to happen though, so let's stay positive.

I strongly agree to this, even if there where left and right punches of negative articles regarding cryptos and specifically bitcoin, it managed to rise up from $6k value and even if it got rejected after touching 9k its normal, what goes up, goes down as well Cheesy, still being positive is the best thing to do as of now Cheesy
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April 23, 2018, 02:27:53 AM
 #15

I have tried and intend to hold my bitcoin for a long time to get a higher price than the current price, and I'm sure bitcoin will always go up.
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April 23, 2018, 02:35:36 AM
 #16

It is true that bitcoin will soon rise again beyond the 9k price, this is very much awaited news by many people and especially by bitcoin holders.
Yes, me too. we will always find the beauty if we hold bitcoin in the long term. Every year bitcoin prices always increase, although to face monthly there will be a process where prices will drop dramatically. But that is just a selection where investors will survive or leave investment in bitcoin.
bxxkj
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April 23, 2018, 02:43:05 AM
 #17

Bitsamp quotes show that Bitcoin broke through the $9000 mark and hit a new high in nearly a month. Traditional institutional investors are more interested in digital currencies. The Rockefeller Flag Venture Fund Venrock announced a joint investment in digital currency and blockchain. The Soros Family Fund has also been reported to invest in digital currencies.
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April 23, 2018, 03:45:56 AM
 #18

There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

price has already gone up above $9k twice testing the resistance and the "back down" that you are talking about is only a small drop of 2% which is literary nothing when it comes to bitcoin fluctuations. so you can't say there is a "lot of" resistance there because this price was just reached and you can't expect it to be broken just like that.
we are on a slow rise instead of having a huge bull market where price goes up ridiculously fast ever day.

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April 23, 2018, 03:52:57 AM
 #19

I myself will still hold a strong bitcoin until the price is really high will enjoy all the moments.
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April 23, 2018, 10:29:33 AM
 #20

I have tried and intend to hold my bitcoin for a long time to get a higher price than the current price, and I'm sure bitcoin will always go up.
Exactly, bitcoins price may decrease but Im pretty sure that it can recover and there is a possibility that its price may raise higher than it seem. Holding is one of the technique that a lot of us did because we can gain a lot of profit on it. When you are holding your patient is being tested. Patient is a virtue.

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