BTC Holding Strong

[slyfox]

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

And why do you think there is a bull market waiting for us in the near future when in your words a lot people that have their sell orders at 9000 dollars? If people are willing to sell for so low price a do not see a reason for the price to go as high as you are speculating, I think a bull market could happen but not soon it's likely that is going to take at least a year before that happens.

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[Cacingkemi]

Right 9K thought I'd be right at that point yesterday but then he came down again and that's what I think the sales you could say did not want to get it yesterday,but see now a little more will BTC reach to that value.Count another hour and start climbing there BTC will go up.

[spyerf]

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.

I agree with you, that the price will not continue to rise, there will still be a decrease again but in my opinion only slightly down and will go up even slowly.

[Ulan01]

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.

that's good, but I think it will be long enough to achieve this value and desperately need extra patience. because I think the increase will move slowly.

[peter0425]

Right 9K thought I'd be right at that point yesterday but then he came down again and that's what I think the sales you could say did not want to get it yesterday,but see now a little more will BTC reach to that value.Count another hour and start climbing there BTC will go up.

But it now surges atop $9K right around $91xx now so yes, we have broken another psychological barrier and it seems that is no stopping now. Yesterday, I saw that we touch $9K, but it immediately went on another price correction but it seems that it just consolidating and marching towards $9K and above today.

Let's see how it goes from now on, we still have a full week to reach $10K so I wouldn't be surprised that we will finally see the price at 5 figures and march towards another all-time-high in the next quarter. Of course there might be a few corrections, but it will be just hurdled and everyone will be quite surprise how bitcoin will bounce back in the next couple of months. So just continue to hold on your coins.

[timerland]

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

BTC has broken the $9k barrier quite decisive at the moment.

I wouldn't just to conclusions just yet and say that bitcoin is going to jump into a bull market from this point on, because we have no idea whether or not this will be sustained. Since prices rose so quickly and by so much I'm leaning towards this being a short term pump that won't result in an actual bull market.

I just don't think that bitcoin has consolidated long enough for this to be the start of an actual bull market. 2014's bear market lasted for more than a year before the prices actually bottomed out. I think we'll have to wait until at least Q3-Q4 of this year to see prices bottom out and consolidate fully.

[Gotomoon]

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.

I agree with you, that the price will not continue to rise, there will still be a decrease again but in my opinion only slightly down and will go up even slowly.

I think it will go up slowly the resistance support is strong if their is a slight down it will rise. Btc holding at this moment may resulted a huge profit afterwards when you sell. Yes this pace I am positive will go beyond stronger.

[1NV3ST0NM3]

The bleeding market has now started to recover a bit and of course it is a good sign. This gives a hope that the price will rise soon and we will be able to make out good amount of capital gains. Now that there is some hope, we can think of buying some coins so for good times in future. BTC holding was, is and will remain the strongest of all the crypto currencies in the market.

[gabmen]

The bleeding market has now started to recover a bit and of course it is a good sign. This gives a hope that the price will rise soon and we will be able to make out good amount of capital gains. Now that there is some hope, we can think of buying some coins so for good times in future. BTC holding was, is and will remain the strongest of all the crypto currencies in the market.

Yeah and it seems to be becoming more and more resilient nowadays with the value being steady at around 6.5k. Good sign really if you ask me. I expected us to go a little closer to 6k or 5.9k with the etf rejection but it seems bitcoin doesn't really need that lol

[Jating]

The bleeding market has now started to recover a bit and of course it is a good sign. This gives a hope that the price will rise soon and we will be able to make out good amount of capital gains. Now that there is some hope, we can think of buying some coins so for good times in future. BTC holding was, is and will remain the strongest of all the crypto currencies in the market.

Yeah and it seems to be becoming more and more resilient nowadays with the value being steady at around 6.5k. Good sign really if you ask me. I expected us to go a little closer to 6k or 5.9k with the etf rejection but it seems bitcoin doesn't really need that lol

Yes, it really means that the price around the $6300-$6500 has a strong support from traders. Its a good indication that we might have seen the last bottom for this year, although anything can still happens..

However, as much as the support is strong at that levels, resistance to $7000 is stronger as well. That's why we are just trading sideways, with no demand coming in. So I speculate that investors are just waiting in the wing for now because there's no movement whatsoever.

Nah, I'm not sold with ETF's, SEC will just throw it on the garbage because this market is not be prone to market manipulation.

[Gaaara]

Everyone is now finding opportunity with bitcoin even though there is a lot of negativity surround it there is still people who got encouraged so as long as the demand is continuously going there is a lot of potential for bull run in the market, the current situation got back in to stable but I doubt it will stay that way any further since with ups and down there should be high hopes for it to go back from its top price and regain the confident that the market has few years ago.

[Keyboard PC]

I think bitcoin holding depends on the situation and depends on the person, there are also those who have very weak strength and are easily affected and there are also very strong ones who can withstand until the price can rise again.

[osmo]

for now, in my opinion, bitcoin is not going to be high, so don't take too many advantages, for this market condition, you have to wait for the holders, hopefully this condition will end and turn into a smile, God bless us all

[Bonsaiav]

Everyone is now finding opportunity with bitcoin even though there is a lot of negativity surround it there is still people who got encouraged so as long as the demand is continuously going there is a lot of potential for bull run in the market, the current situation got back in to stable but I doubt it will stay that way any further since with ups and down there should be high hopes for it to go back from its top price and regain the confident that the market has few years ago.

For example myself. To this day I still believe the price of bitcoin will grow to a significant level, so to this day I continue to make purchases, even though I only buy a small amount, in essence I contribute to its growth.  For me, the prospect of bitcoin will continue to improve despite the other negative things that will come.

[paynercash]

I think bitcoin holding depends on the situation and depends on the person, there are also those who have very weak strength and are easily affected and there are also very strong ones who can withstand until the price can rise again.

This will also depend on the psychology of each investor. If you listen to the market and look at the market. It is very tired and puzzled. I think it's a good idea to keep it natural if you're not a professional investor. That's a bit slow for asset security.

[HaFiiSs]

These past few days, bitcoin is rising and now the price of it ranges from 8.5$ - 9K$ already. I like how bitcoin moves these past few days but I know that it will find a correction at around 8400-8500 maybe before going up to 10k$ or more. Bitcoin is holding strong at this moment because of the good news that has been spread across the internet. I hope this will continue in the following months.

[coingrowth]

From the past few days, we have absorbed Bitcoin price is kept increasing some level but not fastly, this is a really good sign because if it increases fastly then at one stage suddenly the price will drop. So holding Bitcoin in long term is always good because in long run we can easily make a good profit compared to the short term.

[developer101dev]

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.

I agree with you, that the price will not continue to rise, there will still be a decrease again but in my opinion only slightly down and will go up even slowly.

Maybe it will not continue to increase because the market is volatile but still we can expect for the price to pump up again just like what happened last year.

[moneyangel]

This year is not good for bitcoin and the whole cryptocurrency as we had hammered with many bad news and the bearish trend continues to slowly killing the crypto prices. Although this had been predicted to bounce back soon and I think no need to worry as bitcoin is holding strong to survive.

[Btchunter3333]

Bitcoin not so much grow now, but i think will grow a lot next months. Now is best to get more bitcoin and hold before ETF approve or delay.