Elysian_ELY (OP)
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April 23, 2018, 03:55:11 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team
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"You Asked For Change, We Gave You Coins" -- casascius
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9jaflick
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April 23, 2018, 04:10:34 PM Last edit: April 27, 2018, 07:06:32 PM by 9jaflick |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Funny market... BTC price is just dancing between 8.8k+ to 8.9k it doesn't want to go over 9k, but it definitely will.
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chidrawarster
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April 23, 2018, 04:13:23 PM |
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BTC will definitely just pass the 9k mark easily as the volatality supports my statement.If we are looking from short term point of view i wouldn't advise trading at this time as the buyers and sellers volume is equal and the price is struggling pretty hard to make some new highs.Just be patient and wait for the market to make some new highs and reap some short term profits or even long term profits as well.
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charlotte04
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April 23, 2018, 04:14:23 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Just maybe those whales are waiting for those hopeless people to ride the rocket and we could all go to the moon with them. I'm buying now.
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uwouw0
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April 23, 2018, 04:17:27 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Funny market... BTC price is just dancing between 8.8k+ to 8.9k it doesn't want to above over 9k, but it definitely will. believe me,Btc will reach 9k + end of this month and my prediction value Btc at the end of 2018 is 15k - 20k . But, nobody know how market work
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player514
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April 23, 2018, 04:21:10 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team I can't really say anything about the upcoming prices but this reminds me of how we were stuck at 7-8k for a while. We really didn't get out until this past week, and when we did get out, there was some pretty positive reactions from the general community. If something like that were to happen again, it's likely that Bitcoin would have the momentum to keep going higher. However, there's also the case that a good amount of people pull out their investments because they don't think BTC will go further, so in that case we may be in a limbo again.
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This area is up for grabs! PM me if you're interested.
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First77
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April 23, 2018, 04:24:14 PM |
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0.1 Bitcoin = $850. Who can buy ??
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Haunebu
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April 23, 2018, 04:27:34 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team I can't really say anything about the upcoming prices but this reminds me of how we were stuck at 7-8k for a while. We really didn't get out until this past week, and when we did get out, there was some pretty positive reactions from the general community. If something like that were to happen again, it's likely that Bitcoin would have the momentum to keep going higher. However, there's also the case that a good amount of people pull out their investments because they don't think BTC will go further, so in that case we may be in a limbo again. I partially agree with you here. It is true that positive reactions from the community could help Bitcoin and majority of the market rally like crazy, but I do not think that investors will pull out their investments especially when so much good news is helping the market grow at the moment. Few investors might pull out their investments as you said, but majority will most likely HODL their coins for the long term period. At the rate at which the market is growing, it won't be long before Bitcoin reaches a new all time high by surpassing its previous high. Hoping that this green market continues for a long period.
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LFC_Bitcoin
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April 23, 2018, 04:28:16 PM |
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Not sure what’s so special about $9,000 but there does seem to be a lot of resistance in that area. I still think we’ll breeze past $9,000 by the end of this week though.
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motoprose
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April 23, 2018, 04:30:46 PM |
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It is because of that psychological barrier everyone was talking about when it comes closer to the $1000s. It was at $7000 and at $8000 so of course it would be at $9000 but a lot harder to break down that wall because it is closer to the $10,000 one which is getting closer to the ath.
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lauranaura67
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April 23, 2018, 04:32:36 PM |
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Yes, it's struggling and it's very healthy for the market overall. Gradual rise is much better for the market and new crypto investors.
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BitcoinNewbie15
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Bitcoin isn't a bubble. It's the pin!
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April 23, 2018, 04:34:55 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Funny market... BTC price is just dancing between 8.8k+ to 8.9k it doesn't want to above over 9k, but it definitely will. Yeah there is a lot of resistance up to $9.1k, seems like the price wants to go up but is being held down by that resistance. Im certain it will go over $9k eventually, it definitely is close now, but I think we may continue the bear market very soon here. It is too early for another bull run.
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Xenrise
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April 23, 2018, 04:45:15 PM |
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I am expecting that btc might overtake 9k barrier maybe next week or so. I really do believe in bitcoin and with bitcoin, we could have many money. So, buy more btc. Because for the fact that it will go up in no time.
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coinminerdotcom
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April 23, 2018, 04:58:39 PM |
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In a couple weeks we will be reading BTC struggling over 10k, 12k, 15k, etc....
This is another settling in our fluctuation on the climb. Eventually it will stabilize then slowly climb again. It's the nature of the beast, she's a skittish beast at that.
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gotminer
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April 23, 2018, 05:04:12 PM |
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0.1 Bitcoin = $850. Who can buy ??
What do you mean? Anyone can buy.
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Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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fiulpro
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April 23, 2018, 05:05:05 PM |
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It went momentarily and people encashed out and I think that was the biggest mistake of their life that for sure affected everyone else around too. Now we have to wait for a long time to see that hype again . With countries like Russia and India who are waging war against Bitcoins and.. implementing laws and restrictions I feel that we will have to wait for a very long time .
Idk why it's treated like a drug !
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bozo333
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April 23, 2018, 05:23:15 PM |
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Bitcoin is struggling continuously in Crypto market it is true but many investors are expecting it will reach 10k USD in this week. The current market is controlling the Traders and miners I think most of the miners are jump to Bitcoin cash so BCH is raise gradually in Crypto market automatically Bitcoin is little fluctuating the same place so this Will change soon we must wait for few days.
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FrueGreads
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April 23, 2018, 05:27:17 PM |
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If we look at the trading volume, we see that it is declining on the past days, so I guess that the bull run is over for now. Unless we see a huge increase in volume, driven by buyers, we will not be able to passe the $9k level. I think our best scenario for now, is to settle the $8.5K as a new support level. Even if we break that level, there is still hope for the bulls to take control of the market, if they manage to hold the $7.8k level.
Of course that these things are only important for those playing with bitcoin for short term profit, because if we think on the long run, then we can just hold or buy more BTC, because the future looks very promising. The blockchain is here to stay, and bitcoin is still it's best application so far.
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Mi5h0
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April 23, 2018, 05:30:55 PM |
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Let's face it, technical analysis is pretty much useless in the cypto world... Not even day trading is predictable. In other words, this article can be summarised as: "no idea if it goes up or down". Hodling is always the best option If you're not willing to play the guessing game!
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Slow death
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April 23, 2018, 05:31:43 PM |
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0.1 Bitcoin = $850. Who can buy ??
when the price was $ 20,000, how would you think that we reach this price if no one was buying? and obviously many people are buying, this is because bitcoin are limited and there is a lot of demand and as the days, months and years pass more demand we will have and we will have little supply and this will cause the price to increase a lot, have a coffee and watch the markets. https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team we are not having big increases in the price because of regulation, just see this: Central Bank Of Iran Bans Banks From Crypto DealingsMacau Monetary Authority Issues Warning On Crypto Following Criminal Ties To ICOthese things are happening at the same time in many places, so this year will be different from the other years, the price will not increase and increase as in the past years.
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jbautistangina
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April 23, 2018, 05:34:36 PM |
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Bitcoin's value really depends to the big player's decisions,because these people are the ones who are controlling the whole market,if they dont want to push the market up it wont,if they want to dump the market they can easily do that because they have billions of dollars worth of cryptocurrencies which makes these people responsible to these manipulations.
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brickafterbrickwalldpt
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April 23, 2018, 05:42:05 PM |
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I have no doubts that Bitcoin will be worth much more than $9000, just give it some time, why are you so impatient? There is no reason for Bitcoin price to decline anymore. The whole market is positive about future of Bitcoin. Some wealthy and famous people recently said that Bitcoin has potential to reach $250.000 by the end of 2022. Let's hope that nobody will sell large amount of BTC, this could force the market to dip once again. It would be nice to see Bitcoin price at $20000 by the end of the next month. Everything can happen.
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batang_bitcoin
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April 23, 2018, 05:50:09 PM |
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I remember those times that bitcoin is struggling to break $2,000 before and the same goes the time it's trying to break $4,000 - $5,000. I guess we are on the same phase before but as expected that bitcoin broken just wait for a couple of months. There are still some bad news that are rotating to the crypto verse so investors are trying to weigh things through it. In a couple weeks we will be reading BTC struggling over 10k, 12k, 15k, etc....
It's for months now.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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faceoff97
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April 23, 2018, 05:52:41 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Im not worried on what price track is going, doing long term investment made me focus on the real reason why Im investing on Bitcoin. There is no denying that price pumping is a struggle for the market. The price might not go well but surely at the long run it will eventually go well. 9K mark is an easy goal, when whales makes a move the price might instantly pump up. Lets us just be hopeful that price will regain its momentum and even reach higher than 9K.
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khufuking
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April 23, 2018, 05:57:40 PM |
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It was expected the 8.8k is very strong resistance area then we have 9.2k but I think once we break threw 9.2k the next stop will be 11k + . I have strong feelings that we will break , The Market cap break threw 400 billion which is very good we still have 450 billion to break tho the more we get close to 450 the more likely we will break this resistance areas . So lets just hope .
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AK47-
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April 23, 2018, 05:58:18 PM |
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It has been hovering around 8600-9000$. It did surpass the 9000$ mark too in between but falls right after it touches that. The only positive I am taking from here is that the market has stayed green and around this mark for a few days now. A lot of people had expected a dip after it had risen by over 20%, but that didn't happen. Maybe after a few days we can actually see it surpassing the 9K mark. Restless waiting, but hoping for the best.
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tora
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April 23, 2018, 06:30:33 PM |
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I am using funds to still buy into cryptos before market fully recovers. Most coins are still well below their peak so if you believe they can reach that again then now is still a good opportunity to buy.
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timbereagle
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April 23, 2018, 06:36:31 PM |
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ı think 9000-9050 usd will be breaked with high volume and we will shot to 9600-9700 levels. then it is easier to reach 12.000. ı am really bullish on btc but we need high volume to break resistance
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pedropendukot
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April 23, 2018, 06:39:57 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team It only means that the big players doesnt want to push the market up that is why they are taking profits right now,sooner or later after these big players such as financial institutions like CME and Wallstreet are done selling the market will surely going to dump which is we need to take this opportunity to take profits.
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neymarjunior50
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April 23, 2018, 06:42:37 PM |
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definitely btc hit again 9 k because now market is good all most coin gain prices. right now there is no bad news in the market so far i think spring bull all ready enter the market .
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Biscutard
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April 23, 2018, 07:00:13 PM |
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BTC will definitely just pass the 9k mark easily as the volatality supports my statement.If we are looking from short term point of view i wouldn't advise trading at this time as the buyers and sellers volume is equal and the price is struggling pretty hard to make some new highs.Just be patient and wait for the market to make some new highs and reap some short term profits or even long term profits as well.
It's just a matter of time before BTC reach that $9k and break the barrier that people are longing to see. We should just be happy that it rises a bit after its few downfall a couple of months ago. Sooner or later it will pass $9k and even higher than that, we will just wait for the big news to come to pump it up a little bit.
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markflayer
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April 23, 2018, 07:12:01 PM |
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May be. But I guess it is struggling to be double as it was few months ago.
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askabir6
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April 23, 2018, 07:18:55 PM |
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I am expecting that btc might overtake 9k barrier maybe next week or so. I really do believe in bitcoin and with bitcoin, we could have many money. So, buy more btc. Because for the fact that it will go up in no time
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d_fitrie
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April 23, 2018, 07:29:56 PM |
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I also believe if bitcoin reaches 9k even more then at the end of this month or until next month, I hope big players also want the same thing for bitcoin increase because they also have constraints on it
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hiwainmoto
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April 23, 2018, 07:33:37 PM |
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It struggles because most of the people wants to take their profits at $10k which make the resistances harder to break.The psychological resistance would be at $10k and $20k that is why most of the people wants to take the oppotunity to take their profits,as soon as bitcoin reaches these value there will be some corrections.
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merchantofzeny
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April 23, 2018, 07:41:21 PM |
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Patience is needed. Maybe some people really are itching to get some money out. Maybe we can still sell now and wait for the next plunge? Either way, either hold or if not, follow what they are doing.
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Titanos
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April 23, 2018, 07:42:20 PM |
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Struggling to reach 9K is better then struggling to reach 7K. I expect the price to reach 9k this week if it's not this night, let's just wait guys
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DominRx
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April 23, 2018, 07:44:17 PM |
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Not sure what’s so special about $9,000 but there does seem to be a lot of resistance in that area. I still think we’ll breeze past $9,000 by the end of this week though.
The bitcoin will be $ 9,000 this week! But this is not the maximum price for a coin !! In my opinion, bitcoin will hit $ 30,000 this year
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Tyrantt
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April 23, 2018, 07:59:17 PM |
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Struggling to reach 9K is better then struggling to reach 7K. I expect the price to reach 9k this week if it's not this night, let's just wait guys
Well there's, pretty much, nothing else we can do but wait. Rice will roll over $9,000, no doubt, it's just the matter of time. And as I've said, I believe that we'll see the price going up, up in mid may. However, bitcoin is "struggling" to go over $9,000 as it did with $8,000 a month back.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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Invest.Ort
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April 23, 2018, 08:18:22 PM |
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Yes! He again in uniform, a very good market now, it's time to take and buy more crypts!
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coolcoinz
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April 23, 2018, 08:51:55 PM |
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When the value grows a lot in a week or 2 there are always people trying to take profit and sell and they usually use some round numbers like 8000 9000 and so on as their exit points. Such attitude creates psychological barriers at thich the price stops and the exchange takes place. People who had enough sell to take profit and newcomers buy to hold throughout the next stage. It's always like that, Bitcoin is not struggling, it's preparing to go up again.
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hurry_hore
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April 23, 2018, 09:29:22 PM |
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0.1 Bitcoin = $850. Who can buy ??
when the price was $ 20,000, how would you think that we reach this price if no one was buying? and obviously many people are buying, this is because bitcoin are limited and there is a lot of demand and as the days, months and years pass more demand we will have and we will have little supply and this will cause the price to increase a lot, have a coffee and watch the markets. https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team we are not having big increases in the price because of regulation, just see this: Central Bank Of Iran Bans Banks From Crypto DealingsMacau Monetary Authority Issues Warning On Crypto Following Criminal Ties To ICOthese things are happening at the same time in many places, so this year will be different from the other years, the price will not increase and increase as in the past years. I think technically had been analyzed that strong resistance is standing now on 9000 USD from previous 7000 USD and with the news you shared I believe it is inline. So here is my conclusion for both technical and fundamental analysis: 1. Technical analysis as now is entering long run bullish by try to cross MA 200,150,100 in value around 9000-9200 USD and this figures as strong resistance as said also by fibonacce. 2. Fundamental analysis by seeing the news of Iran Bank and Macau Monetary Authority, this prevent psychologically to buy BTC in the market with coincident to price at around 9000 USD. I think this news will not as big as entering of "Giant" people/group into cryptospace such as George Soros and others last several weeks then trend for bullish is still higher. Combined together 2 above market is being tested their willingness to buy for next long run bullish of BTC price at least for 12.000 next resistance as new psychological value to ascending trend.
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Vannie12
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April 23, 2018, 09:54:40 PM |
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I think there is no reason to pressure the market. Slow growth definitely means it is healthy and every step is having a strong support. Instant growth is dangerous and risky for those new investors especially if they will be caught between the lines and just experienced FOMO at the time they invested. Some people are just trying to pump it easy to earn quick bucks. Lest us just wait for more developments and along side with it is a growth that gives us good value of crypto coins.
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ivrynx
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April 23, 2018, 10:18:46 PM |
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If you look at the charts in past few days, we might see that bitcoin is not breaching the 9000 usd msrk yet, but that doesn't mean that bitcoin will not go over 9000 usd again, this is the nature of the market, there is resistance and support, the support that we have now is arou f 8,500 -8,700 and the resistance is aboy 9000 usd, and once we break the resistance anothe bull run will take effect, I do not see the market struggling to break the 9000 usd, everything we see in the chart is now normal, a much morr stable price or movement for bitcoin, we should just assume that something is happening or believe in FUDs, always update yourself, there is always a reason for the chart movement.
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catapult
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April 23, 2018, 10:21:12 PM |
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When the value grows a lot in a week or 2 there are always people trying to take profit and sell and they usually use some round numbers like 8000 9000 and so on as their exit points. Such attitude creates psychological barriers at thich the price stops and the exchange takes place. People who had enough sell to take profit and newcomers buy to hold throughout the next stage. It's always like that, Bitcoin is not struggling, it's preparing to go up again.
I also think like that. According to my observations on the price charts, I think many traders have obsessions to 8000 - 9000 - 10000 levels. I hope that we will see bitcoin's price much more higher in a near future.
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Liternyy
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April 23, 2018, 10:23:32 PM |
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we expect that the minimum price for bitcoin will reach 9,000 dollars, and we will be aggressive buyers at this level. We consider this level as the greatest opportunity to buy in 2018.
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gabbie2010
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April 23, 2018, 10:26:00 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team This shows that probably the resistance at $9K is very strong a pointer to that effect is that whenever the price enters that zone it retraces and again the same scenario repeat itself I am very optimistic that a positive fundamental news will break the resistance an possibly push up the price.
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Coin-1
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April 23, 2018, 10:33:09 PM |
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I am not astonished that BTC is struggling to reach over $9000. There are the resistance level, because the investors who bought Bitcoin for $20000 sell their crypto currency as soon as the first pumping occurs on the crypto exchange markets. Merely they are tired to wait for returning of the price to the high levels. I guess that BTC will slowly overcome $9000 in the near future in spite of this resistance.
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mangkanor
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April 23, 2018, 10:33:51 PM |
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Because most of the people are cashing out,selling their coin with these value really sucks which is why the bitcoin's resistance wont break because the resistances from these sellers are too much for the buyers that is why the price still dumping while we have strong bulls but it wont last for long as the bulls are going to be much bigger anytime from now.
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ivankoh
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April 23, 2018, 10:42:13 PM |
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Yes. It is true that BTC prices have rebounded during this time but we can see that their prices can not rise above $ 9,000. I just saw the speed of the BCH increase sharply. BTC may only reach that level and can not increase, perhaps because the BTC is now more competitive than other coin.
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nazaididuan1
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April 23, 2018, 10:53:05 PM |
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The recent market is not very good news, there is no bad news, this causes BTC price to stabilize!
BTC got some resistance around $8,900!
If you break through this resistance, it will soon rise to more than $10,000!
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⮘Pre-ICO Start - 27.04.2018⮚ ⮘https://wbb.io/⮚
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babyaia
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April 23, 2018, 10:53:57 PM |
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Bitcoin will reach at least $9000k in the next day.I think the low price is cause by the negative news about bit coin.
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cryptocue
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April 23, 2018, 11:04:42 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team I dot think its because most of the people are tired of waiting for the $10k breakouts which is why most of the people have sold their coins with the current amount of bitcoin,because $10k is a psychological resistance that is why most of the people are going to sell at that point which is going to be a good timing to sell all of our coins.
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lumeire
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April 23, 2018, 11:23:09 PM Last edit: April 23, 2018, 11:40:45 PM by lumeire |
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Let's just hope this breakout isn't an impending bull trap, because it kinda looks like one to me. Pretty skeptical about stuff but you can never be wrong being careful.
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MintCondition
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April 23, 2018, 11:45:14 PM |
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Let's just hope this breakout isn't an impending bull trap, because it kinda looks like one to me. Pretty skeptical about stuff but you can never be wrong being careful.
The slower the movement is, much better it seems for we might see a much stable price, let's just hope whales will not do cash out when it reach that amount.
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ralle14
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April 23, 2018, 11:56:48 PM |
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Let's just hope this breakout isn't an impending bull trap, because it kinda looks like one to me. Pretty skeptical about stuff but you can never be wrong being careful.
The slower the movement is, much better it seems for we might see a much stable price, let's just hope whales will not do cash out when it reach that amount. Only time will tell if it's a trap or not. We could be experiencing the same thing as last year. The price is so stable during this time I think the price hovered around $1,000- $2,000 before it went upwards. This could be the last time we see Bitcoin below the $10k mark. The only person i'm worried about is the mt gox trustee that person might start dumping in the next few months.
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motoprose
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April 24, 2018, 12:50:23 AM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins. What is going on now?
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thecodebear
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April 24, 2018, 01:02:46 AM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins. What is going on now? Yup it has made the next jump up, as it has done a few times in the past two weeks.
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Edwardard
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April 24, 2018, 03:34:42 AM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins. What is going on now? Expect the unexpected.
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buwaytress
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Join the world-leading crypto sportsbook NOW!
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April 24, 2018, 04:09:26 AM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins. What is going on now? Aye indeed, woke up early today to this somewhat pleasant surprise, actually only thought to check as aome other coin I was selling had hit another high after months. Guessed it must have been Bitcoin influence and was right. Huge jump, considering the 9k resistance, my guess is Asian appetite just woke up and needed some satiating. Timing couldn't be better for a sustained run to 11k to still make a typical spring renewal... now let's see if it holds for at least 24 hours.
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Febo
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April 24, 2018, 10:22:55 AM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team If many sell that is only healthy. Problem s when no one sells and they just hold since they are afraid price will go up and up and up as it happened a t end of last year, then price gained value fast. way to fast and it went way to high. This smaller price growths are way better and healthier.
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timerland
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April 24, 2018, 10:24:00 AM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team There were indeed some strong resistance at $9k. BTC did test that level a few times before it finally breached it. It's not very surprising that after bitcoin hit $9k, it jumped to $9.2k straightaway, as that's what happens when a strong resistance tumbles. Markets tend to overshoot. But now that it's crossed it, I think there is some serious hurdles to get through at near $10k. Personally, I can see a correction happening very soon despite the fact that the market sentiment seems incredibly bullish at the moment. It just doesn't seem like this growth can be kept on for too long. I could be wrong, and bitcoin does hit $10k, in which case it'll probably go to at least $10500. But a correction is definitely due at this stage of the rally, so do be careful trying to flip for a quick profit in the short run.
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--DarkSecrets--
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April 24, 2018, 12:45:03 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team There were indeed some strong resistance at $9k. BTC did test that level a few times before it finally breached it. It's not very surprising that after bitcoin hit $9k, it jumped to $9.2k straightaway, as that's what happens when a strong resistance tumbles. Markets tend to overshoot. But now that it's crossed it, I think there is some serious hurdles to get through at near $10k. Personally, I can see a correction happening very soon despite the fact that the market sentiment seems incredibly bullish at the moment. It just doesn't seem like this growth can be kept on for too long. I could be wrong, and bitcoin does hit $10k, in which case it'll probably go to at least $10500. But a correction is definitely due at this stage of the rally, so do be careful trying to flip for a quick profit in the short run. I think you're wrong and we are seeing the correction just at a slower speed than usual, the correction is just higher than what people are expecting. A bull run is definitely on the table as well, I do think $10k will be the hardest barrier to break though. Currently with that bearish momentum is already gone but a market will still need to correct and i have strong Technical analysis in my own that it will be gonna drop by 9,200 then to continue its uptrend in this road to $10,000 there is too many resistance on here and i might be thinking that it will not pass 10k on this april.
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| `^cder. '-`ryRQQ#@@#O}- .)ydi`!]PQQ#@@@@@#d}! `:'`rU9660ZL:')TZ@@@@@@####O) `lVx<,:xWg@@@#g)iQB##@@##@@@M `lVcyWRBsy@@Q8Z*iQQQQB##@@@@M `x|G#@@@m)T<:<v~iB##@@#QQB#@M `)I$#m,-' `>]ZB#@@@#QQQB#3 .>LKlxxxx_`<YUaKOQQQB#BB####P :V5MMMTx^=*` .~xeaOQQg$RB@@@##P .<}ab*' .QQK\_`;<YMRO66B@@@@B} .` .Q#@#Q3v`rcvvY3B#Mx_ .OKx*rxv`x66OX]=` .!`xRdyr, !<' | | IoTeX
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trako
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April 24, 2018, 12:54:07 PM |
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BitCoin sees this 9k line this month. and may stagnate in May.
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Alpinat
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April 24, 2018, 12:56:15 PM |
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Ofcourse bitcoin will be difficult to to reach over 9k$ because of the people who are worrying that the value of bitcoin will be over down again and they keep selling their bitcoins even the value increases. It is just the beginning of bitcoin rising for sure.
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lumeire
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April 24, 2018, 03:23:01 PM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins. What is going on now? Aye indeed, woke up early today to this somewhat pleasant surprise, actually only thought to check as aome other coin I was selling had hit another high after months. Guessed it must have been Bitcoin influence and was right. Huge jump, considering the 9k resistance, my guess is Asian appetite just woke up and needed some satiating. Timing couldn't be better for a sustained run to 11k to still make a typical spring renewal... now let's see if it holds for at least 24 hours. It's gonna sustain the momentum I believe, as it's been suppressed long enough. The question now is how high this run can go, and if it can bring about new highs.
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okala
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April 24, 2018, 03:53:42 PM |
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But it has stresslessly break through that level today and since in the afternoon it has been making an effort to break above $9,500. The bull run has commenced and the best things to do now is buying. If you have not sell your I will advise that you should hold.
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cellard
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April 24, 2018, 04:33:10 PM |
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We have been out of the bear trend for a while now guys... you can expect $12k-13k, around that area we may be stuck for a long time if we don't get our shit together quick. Im going to be monitoring the price but I will not stress over lower prices than $5900 which in my opinion was the bottom and we aren't going to be lower than that ever again.
If we can sustain above $10k for a long enough period of time I can see FOMO'ing to $30k since investors may assume we will never go below $10k ever again, and at some point that will be a fact.
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liamnorthcoins
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April 24, 2018, 05:40:34 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team I believe bitcoin will reach 9k before the end of this month and possible higher to that the market value is actually increase and this is a good sign of price movement upward. With this positive movement many will surely invest and join the bitcoin cryptomania!
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Pearls Before Swine
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April 24, 2018, 07:33:16 PM |
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$9000 has been reached, yay, but we've still got a looong way to go before we're even near the ATH. But yes, I have to share the joy that we're finally out of the range we've been stuck in. $6500 or whatever was the dip was deflating. And it was a slow, death of 1000 cuts, type of torture while getting there. What I'm hoping is that this isn't a dead cat bounce, that bitcoin isn't going to drop even lower after the suckers have been shaken from the tree. We'll see. Celebrate while the champagne is cold, I guess.
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darewaller
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April 25, 2018, 07:51:55 AM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins. What is going on now? Expect the unexpected. That is just the word. Always expect the unexpected. The thing with bitcoin is that it is full of surprises and you should not relax even if technical analysis is even trying to give you some other information and then it ends up not being so. This is a highly volatile market and most times, we just have to be able to find a way to blend with the trend and expect that anything can happen at any point in time. Hopefully we are about to enter a new era with the bulls but who knows, anything can still happen the other way as well.
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BUK2016
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April 25, 2018, 08:15:55 AM |
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The struggle for bitcoin to break $9,000 resistance is over as its value is currently above $9,500 and so many people believe that $10,000 is the next target though I believe $15,000 is the target if all things are equal.
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Armstand
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April 25, 2018, 08:44:47 AM |
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The struggle for bitcoin to break $9,000 resistance is over as its value is currently above $9,500 and so many people believe that $10,000 is the next target though I believe $15,000 is the target if all things are equal.
Even it will not reach that amount fast, it is much safer as we see it to be stable, some were still in denial stage of whether to sell it or hold till it makes a bull run again. Struggle is real but we should keep holding if we don't have plan to convert it in fiat.
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richmcrich
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April 25, 2018, 11:36:49 AM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team If many sell that is only healthy. Problem s when no one sells and they just hold since they are afraid price will go up and up and up as it happened a t end of last year, then price gained value fast. way to fast and it went way to high. This smaller price growths are way better and healthier. Bitcoin has proved it yesterday as the price grown up from 8.9k dollar to 9.1k dollar that hit over 9k dollar and now today if we search the price in search engine tell us the further increased value that is 9.35k dollar which is over 9k dollar so the overall price is increasing and there is a great probability that Bitcoin can lead onto its previous longest jump.
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Kemarit
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April 25, 2018, 01:20:04 PM |
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The struggle for bitcoin to break $9,000 resistance is over as its value is currently above $9,500 and so many people believe that $10,000 is the next target though I believe $15,000 is the target if all things are equal.
But after hitting $9500, the price makes another correction to $9200. So it looks like as we hit another milestone of $10,000, $12,000, $14,000 there might be correction that need to overcome before we get to $15,000. Good thing though is that the market remains very bullish and it looks like there are significant interest again. $9000 has been reached, yay, but we've still got a looong way to go before we're even near the ATH. But yes, I have to share the joy that we're finally out of the range we've been stuck in. $6500 or whatever was the dip was deflating. And it was a slow, death of 1000 cuts, type of torture while getting there. What I'm hoping is that this isn't a dead cat bounce, that bitcoin isn't going to drop even lower after the suckers have been shaken from the tree. We'll see. Celebrate while the champagne is cold, I guess.
I wouldn't be celebrating, not yet, unless we cross and sustain $10000 levels. $6500 is the last bottom we got and we need away from it to at least breathe a sign of relief or even declare that we are out of the woods. $10000 to $12000 will be a good gauge in my opinion. But it is still a long way to go, and I would rather see us takes baby steps instead of like seeing a article pump again just like the December madness.
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bitbunnny
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April 25, 2018, 01:31:59 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
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el kaka22
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April 25, 2018, 03:23:23 PM |
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins.
That is always the thing with bitcoin. You should always expect some moves in the market even when you do not see it coming. So far, the bulls have really been having a good time with the market and with the way things have been going, this may actually be a market about to go test the $10k resistance and we have to see how we are going to be acting on that one. It is a good thing to see the market acting this way though as that shows some promising level in a matter of time. What is going on now? Bitcoin prices are falling down right now I believe the strong support zone around $8600 will hold up which may trigger the bullish trend toward $9800 levels in coming days hence we may expect testing $10k levels by first week of May month.
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lumeire
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April 25, 2018, 04:36:28 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic.
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KennyR
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April 25, 2018, 05:46:08 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time.
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Febo
Legendary
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Activity: 2730
Merit: 1288
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April 25, 2018, 11:01:28 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team If many sell that is only healthy. Problem s when no one sells and they just hold since they are afraid price will go up and up and up as it happened a t end of last year, then price gained value fast. way to fast and it went way to high. This smaller price growths are way better and healthier. Bitcoin has proved it yesterday as the price grown up from 8.9k dollar to 9.1k dollar that hit over 9k dollar and now today if we search the price in search engine tell us the further increased value that is 9.35k dollar which is over 9k dollar so the overall price is increasing and there is a great probability that Bitcoin can lead onto its previous longest jump. Yes it could, unless it will have a pullback and retrace to some lower level. Price last 3 weeks steadily increase. But it is impossible to expect that that can happen without ending. Longer time price for Bitcoin will gor and stronger it will grow, stronger will be this pullbacks. What happened today was expected and super positive for Bitcoin.
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altercreed
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April 26, 2018, 07:37:57 AM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team If many sell that is only healthy. Problem s when no one sells and they just hold since they are afraid price will go up and up and up as it happened a t end of last year, then price gained value fast. way to fast and it went way to high. This smaller price growths are way better and healthier. Bitcoin has proved it yesterday as the price grown up from 8.9k dollar to 9.1k dollar that hit over 9k dollar and now today if we search the price in search engine tell us the further increased value that is 9.35k dollar which is over 9k dollar so the overall price is increasing and there is a great probability that Bitcoin can lead onto its previous longest jump. Yes it could, unless it will have a pullback and retrace to some lower level. Price last 3 weeks steadily increase. But it is impossible to expect that that can happen without ending. Longer time price for Bitcoin will gor and stronger it will grow, stronger will be this pullbacks. What happened today was expected and super positive for Bitcoin. That 9k barrier is a bit of a wall it seems, it did have a bit too much of a price boom after it broke through, looks like it will just have to wait a little longer. Bitcoin had successfully broke the 9,000$ Mark that served as a resistant wall of its price hike. Eventually, it went a bit higher than that but oday, its price goes down again. So i think bitcoin has not yet fully recovered from the bearish trend.
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hisuka
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April 26, 2018, 12:39:46 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k.
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imapessimist
Jr. Member
Offline
Activity: 266
Merit: 1
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April 26, 2018, 01:11:13 PM |
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I don't think it's to do with barriers the reason the price isn't going up. It's because too many day traders and short term traders are taking a profit when they can. So if somebody buys at 8k or 9k and price goes to 9.5k say then a large number of people will take a profit so the price goes down. But not far enough for people to get tempted to buy at a low price. So that's what's happening as far as I can see.
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Kemarit
Legendary
Offline
Activity: 3080
Merit: 1353
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April 26, 2018, 01:28:36 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team If many sell that is only healthy. Problem s when no one sells and they just hold since they are afraid price will go up and up and up as it happened a t end of last year, then price gained value fast. way to fast and it went way to high. This smaller price growths are way better and healthier. Bitcoin has proved it yesterday as the price grown up from 8.9k dollar to 9.1k dollar that hit over 9k dollar and now today if we search the price in search engine tell us the further increased value that is 9.35k dollar which is over 9k dollar so the overall price is increasing and there is a great probability that Bitcoin can lead onto its previous longest jump. Yes it could, unless it will have a pullback and retrace to some lower level. Price last 3 weeks steadily increase. But it is impossible to expect that that can happen without ending. Longer time price for Bitcoin will gor and stronger it will grow, stronger will be this pullbacks. What happened today was expected and super positive for Bitcoin. However, after jumping as high as $9500 yesterday, it goes on another pullback and its just about $8900 today. Oh well, that the nature of bitcoin, price is very fragile. I'm assuming that daily traders are making profits in the last 24 hours that's why the price goes on another minor correction. But its still a healthy pullback for me, I can still get in a buy at this current price because to be honest, it is still quite. For those who worry why the price goes down again, you don't need to, I'm still optimistic that the price will still go back around the $9500-$10000 ball park in the next coming days.
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greensheep
Member
Offline
Activity: 278
Merit: 44
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April 26, 2018, 02:28:50 PM |
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As we bounced on the way down on the SMA 200 we are now bouncing against it on the way up. I'm excpecting some resistance to get above that curve again and prolounged stay in this area - preferrably above the curve!- which could then again become a support zone. It's a crossroad and psychological barrier as well.
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Dodoymabs
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April 26, 2018, 02:59:33 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team If many sell that is only healthy. Problem s when no one sells and they just hold since they are afraid price will go up and up and up as it happened a t end of last year, then price gained value fast. way to fast and it went way to high. This smaller price growths are way better and healthier. Bitcoin has proved it yesterday as the price grown up from 8.9k dollar to 9.1k dollar that hit over 9k dollar and now today if we search the price in search engine tell us the further increased value that is 9.35k dollar which is over 9k dollar so the overall price is increasing and there is a great probability that Bitcoin can lead onto its previous longest jump. Yes it could, unless it will have a pullback and retrace to some lower level. Price last 3 weeks steadily increase. But it is impossible to expect that that can happen without ending. Longer time price for Bitcoin will gor and stronger it will grow, stronger will be this pullbacks. What happened today was expected and super positive for Bitcoin. That 9k barrier is a bit of a wall it seems, it did have a bit too much of a price boom after it broke through, looks like it will just have to wait a little longer. Bitcoin had successfully broke the 9,000$ Mark that served as a resistant wall of its price hike. Eventually, it went a bit higher than that but oday, its price goes down again. So i think bitcoin has not yet fully recovered from the bearish trend. At least it already crossed the 9k value and this is a sign that it will probably increased next month. This is going to be more interesting as we all know some were predicting its value to be double by this year. So, 9k already been achieved and this is I think the start of bouncing back to its highest price.
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TheGreatPython
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April 27, 2018, 12:07:32 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. Bitcoin these days is increasing due to which people are interested now to invest for taking benefit after few months so that they work in order to get something from the market. However the value of Bitcoin reached 9.3k dollar yesterday but today it has decreased by 0.3 unit which is seeming very kittle unit but these units make this value which we like the most. It will be going continuously and will boost up your courage in the upcoming days.
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Fedor07
Member
Offline
Activity: 282
Merit: 10
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April 27, 2018, 07:38:08 PM |
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He was struggling to reach that value for more then 3 weeks . He was growing up to 8800$ or 8900$ and then he was dropping again to 8000$ or less. And eventually he had reached 9000$ , even more then that . There are some people with some techniques to make nitcoin value to grow up . They were trying for more then 2 weeks to make bitcoins value rice to 9500 $ and after a lot of attemps they made it , bitcoin has reached more then 9500 $.
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gabmen
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April 28, 2018, 02:30:55 PM |
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He was struggling to reach that value for more then 3 weeks . He was growing up to 8800$ or 8900$ and then he was dropping again to 8000$ or less. And eventually he had reached 9000$ , even more then that . There are some people with some techniques to make nitcoin value to grow up . They were trying for more then 2 weeks to make bitcoins value rice to 9500 $ and after a lot of attemps they made it , bitcoin has reached more then 9500 $.
It will come when it will. Btc has broken the 9k mark and have that as its initial support right now. It went below 9k but then went above as fast as it dropped. So it's safe to say that at least for now, we're just steadily hovering over that 9k mark
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raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
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April 29, 2018, 04:50:16 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. New ATH at this time ? You are not even close to testing the previous ATH, you are already looking forward to a new one. Yeah, you are right with your second statement as what we are seeing now is just a correction which is very normal and with that, we can expect that the market is going to end up having another momentum to go test the $10k spot. With that in mind, I believe that we should either be able to break that resistance or we head back but I really hope it does anyway.
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gotminer
Member
Offline
Activity: 644
Merit: 24
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April 29, 2018, 05:09:45 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. New ATH at this time ? You are not even close to testing the previous ATH, you are already looking forward to a new one. Yeah, you are right with your second statement as what we are seeing now is just a correction which is very normal and with that, we can expect that the market is going to end up having another momentum to go test the $10k spot. With that in mind, I believe that we should either be able to break that resistance or we head back but I really hope it does anyway. That bitch needs to check his shit. Take a nap for a year and come back.
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Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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Fulmand
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April 29, 2018, 09:29:51 AM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Today the price reach the highest at 9639k I this price is still a good price movement. One more day to and it will be May. Im seeing greenier pasture for May, the positive price increases is a good hint that May will do much better for the price up trend. I dont agree term struggle because I think the down trend was a reasonable drop after china had announce the banning of bitcoin early this year.. It was an expected reaction from the market for especially that China has been a big player in the cryptocurrency industry. The lost of such big player vould really create havoc such as what weve experienced in the past 3 months. Now the market is recovering well and we are hoping that it will continue to reach new heights in price!
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nightfury
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April 29, 2018, 11:56:36 AM |
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Bitcoin is pretty good and is already hovering on that mark already today. I have seen bitcoin's change in the last 24h below 0% but it's good to see that its market price is still in the 9,000$ mark which means that it's already the base price of bitcoin today.
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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April 29, 2018, 03:22:57 PM |
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Bitcoin is pretty good and is already hovering on that mark already today. I have seen bitcoin's change in the last 24h below 0% but it's good to see that its market price is still in the 9,000$ mark which means that it's already the base price of bitcoin today.
Yup price is for one week between $8500 and $9500 and if you look at graph you see liek is slightly going up. That's pretty good sign I would love to see Bitcoin staying around $10000 tull summer. But such snail growth as was shown last week and a month before could be good also.
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wozzek23
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April 30, 2018, 08:02:23 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now.
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ufalo3
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May 02, 2018, 08:40:14 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now. And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run.
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BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
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May 02, 2018, 09:16:16 PM |
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And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run.
I can see a mini 'pump' out of excitement going to the $12,000 mark, but it will likely halt somewhere around that level. At that point the real battle won't be how much we go up, but how long can we stay above that mark. Bull runs need to have everything synced perfectly in order to book ×5 gains at minimum, and these level of bull runs only happen once every few years. In 2013 we had one, and last year we had one. Unless something extraordinary happens being able to generate an insane amount of hype and speculation, I wouldn't focus on actual bull runs. I rather just see a more stable form of growth, but I'm probably one of the few.
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BSV is not the real Bcash. Bcash is the real Bcash.
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Clavulanic
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May 02, 2018, 10:58:34 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now. And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run. That's a normal struggle of bitcoin no matter what value it is it has been a struggle for it is always connected with cryptocurrency and other ICO's. What else can we do? Possibly we can just stay calm and do the same or normal thing that we have. Anyway,it has it's own journey to take we are just here to support and take the risk on what we put up for the betterment of bitcoin.
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LegendOF45
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May 02, 2018, 11:41:38 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now. And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run. That's a normal struggle of bitcoin no matter what value it is it has been a struggle for it is always connected with cryptocurrency and other ICO's. What else can we do? Possibly we can just stay calm and do the same or normal thing that we have. Anyway,it has it's own journey to take we are just here to support and take the risk on what we put up for the betterment of bitcoin. Yes, we should always be optimistic that prices will skyrocket so not sell at the present time will help the price continue to rise and not drop, I'm sure that the future of bitcoin is still promising so with patience then we get big profit.
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gotminer
Member
Offline
Activity: 644
Merit: 24
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May 03, 2018, 02:22:39 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now. And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run. That's a normal struggle of bitcoin no matter what value it is it has been a struggle for it is always connected with cryptocurrency and other ICO's. What else can we do? Possibly we can just stay calm and do the same or normal thing that we have. Anyway,it has it's own journey to take we are just here to support and take the risk on what we put up for the betterment of bitcoin. Yes, we should always be optimistic that prices will skyrocket so not sell at the present time will help the price continue to rise and not drop, I'm sure that the future of bitcoin is still promising so with patience then we get big profit. If you care about price, you were fucked from the beginning ... HEHE
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Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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lingwistiko
Member
Offline
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
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May 03, 2018, 04:16:01 AM |
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Since bitcoin started to fall down before last year ends until april this year, bitcoin really struggled a lot until it reaches its base price at 9,000$ already today. I can feel that bitcoin is having an uptrend early this year and it's gonna be good than last year.
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Kelaychi
Newbie
Offline
Activity: 58
Merit: 0
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May 03, 2018, 04:19:32 AM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team LOL. waiting game indeed. every one is in for the little profit. thats the way in this part of the street
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Rizky Aditya
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May 03, 2018, 06:26:52 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. Bitcoin has reached over 9 thousand dollars yesterday and was 9.3 thousand dollar and today even the price reached at 9.4 thousand dollars so the price is in the increase trend and I am sure this week Bitcoin will hit 10 thousand dollars without any fall. It is stable around the 9 thousand dollar but today it has increased and the trend will go on in the upcoming days. For sure we are in profit and that is what we are here for.
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futuret
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May 05, 2018, 06:22:57 PM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. Bitcoin is struggling and on daily basis the demand is increasing as the recent graph is not fluctuating very much but a little up and down for as very short journey. This also reflects that wave length is not that much but the frequency is high and since we know that the market in increasing mode so it is a very good sign for investors. The price will surely hit above 9 thousand dollar buy the end of this week which is the estimated price and not a prediction.
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VapeCoinKeks
Newbie
Offline
Activity: 56
Merit: 0
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May 05, 2018, 06:47:43 PM |
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At the price of nine thousand there were willing to sell as soon as willing to buy buy the entire volume of sellers, the price will immediately be higher.
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airdrophunter
Full Member
Offline
Activity: 434
Merit: 100
The Exchange for EOS Community
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May 06, 2018, 02:23:13 AM |
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Bitcoin has really struggling to reach the 9,000$ mark 3 months since the start of this year because bitcoin was caught in the eye of the storm that made its market price fall down to 6,000$ mark thrice this year too. But today, bitcoin has already a base value of 9,000$ and i think there's more bitcoin can give us this month.
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btc_angela
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May 06, 2018, 03:38:58 AM |
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Bitcoin has really struggling to reach the 9,000$ mark 3 months since the start of this year because bitcoin was caught in the eye of the storm that made its market price fall down to 6,000$ mark thrice this year too. But today, bitcoin has already a base value of 9,000$ and i think there's more bitcoin can give us this month.
And now bitcoin is struggling to get to $10K. Lol. We are now over and surpassed $9K so I think the best thing to do is to see if the price can get over the $10K hump. Its seems very difficult because it has fallen to $98xx after almost touching $10K. Its a big psychological barrier and probably traders are making adjustments and thinking of getting the profit or people are afraid of another dump coming pushing the sell button at $9800-$9900.
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FUD Expert
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May 06, 2018, 06:54:16 AM |
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It really feels frustration for me to see that. It ruins everyone's vision of seeing bitcoin going to $30k or $50k in the next months. If worse things happen, I think we'll just fall back again to $7k if the bull trend does not commence.
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gabmen
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May 06, 2018, 12:59:01 PM |
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It really feels frustration for me to see that. It ruins everyone's vision of seeing bitcoin going to $30k or $50k in the next months. If worse things happen, I think we'll just fall back again to $7k if the bull trend does not commence.
Well just because btc is taking a while to move to a certain price doesn't mean it's struggling. And i don't think there's anything to be frustrated about that. I would even prefer his kind of movement as long as its positive. It's not just about bull trends dude these things take time
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gotminer
Member
Offline
Activity: 644
Merit: 24
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May 14, 2018, 01:45:11 AM |
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Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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Kidmat
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May 14, 2018, 04:22:50 AM |
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At the price of nine thousand there were willing to sell as soon as willing to buy buy the entire volume of sellers, the price will immediately be higher.
Price will surpass this $9k level for a long time it can't reach over $9k because of so many reason's. The price more likely takes time to see on bull trends starts. Hopefully and wishing price of btc can go up for the users to earn.
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miningguru
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May 14, 2018, 05:04:06 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now. And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run. That's a normal struggle of bitcoin no matter what value it is it has been a struggle for it is always connected with cryptocurrency and other ICO's. What else can we do? Possibly we can just stay calm and do the same or normal thing that we have. Anyway,it has it's own journey to take we are just here to support and take the risk on what we put up for the betterment of bitcoin. Yes, we should always be optimistic that prices will skyrocket so not sell at the present time will help the price continue to rise and not drop, I'm sure that the future of bitcoin is still promising so with patience then we get big profit. Exactly, we should not bother about the current situation of the market because the price of Bitcoin will increase due to some issues the price of Bitcoin and market cap kept reducing. Yes, still, there is huge chance to increase it's price but we need some patience.
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biletskiy
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May 27, 2018, 12:03:25 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Today the price reach the highest at 9639k I this price is still a good price movement. One more day to and it will be May. Im seeing greenier pasture for May, the positive price increases is a good hint that May will do much better for the price up trend. I dont agree term struggle because I think the down trend was a reasonable drop after china had announce the banning of bitcoin early this year.. It was an expected reaction from the market for especially that China has been a big player in the cryptocurrency industry. The lost of such big player vould really create havoc such as what weve experienced in the past 3 months. Now the market is recovering well and we are hoping that it will continue to reach new heights in price! I guess when it reaches the psychological mark of 10 thousand, it will start the fastest run. Do you remember the end of 2017? It was something like that.
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gotminer
Member
Offline
Activity: 644
Merit: 24
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May 27, 2018, 11:54:10 PM |
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https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game. Good Luck Traders, The Elysian Team Today the price reach the highest at 9639k I this price is still a good price movement. One more day to and it will be May. Im seeing greenier pasture for May, the positive price increases is a good hint that May will do much better for the price up trend. I dont agree term struggle because I think the down trend was a reasonable drop after china had announce the banning of bitcoin early this year.. It was an expected reaction from the market for especially that China has been a big player in the cryptocurrency industry. The lost of such big player vould really create havoc such as what weve experienced in the past 3 months. Now the market is recovering well and we are hoping that it will continue to reach new heights in price! I guess when it reaches the psychological mark of 10 thousand, it will start the fastest run. Do you remember the end of 2017? It was something like that. It's not all about TA, but if you're looking at that, we're in for a bumpy next few months. Hoping not to dip much below 5k.
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Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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Oasisman
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May 28, 2018, 04:10:04 AM |
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It's not all about TA, but if you're looking at that, we're in for a bumpy next few months. Hoping not to dip much below 5k.
I think if Bitcoin continue to fall its still a good opportunity for the rest of us to buy while the price is still affordable for everyone. But Bitcoin will not going to go as deep as below $5k, but it could possibly be on the $5k level. For the next years, im sure Bitcoin's price will be a bit higher compared the current ATH, and not everyone are able to afford to buy.
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gotminer
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Activity: 644
Merit: 24
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May 29, 2018, 01:25:27 AM |
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It's not all about TA, but if you're looking at that, we're in for a bumpy next few months. Hoping not to dip much below 5k.
For the next years, im sure Bitcoin's price will be a bit higher compared the current ATH, and not everyone are able to afford to buy. LOL ... WRONG! The minimum isn't 1. Where the fuck have you been for the past several years?
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Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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removebeforeflight
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May 29, 2018, 05:42:43 AM |
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Bitcoin is not actually struggling and it is sailing smoothly with the range between 7k to 9k. Don't under estimate Bitcoin, it will rise up and up and time in July as per experts prediction but my speculation is end of this year. If you could see last year trend you may know that Bitcoin was trending very low but in December it shoot up x5 amazingly.
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Fasunathan
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Activity: 238
Merit: 10
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May 29, 2018, 09:46:42 AM |
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It's not all about TA, but if you're looking at that, we're in for a bumpy next few months. Hoping not to dip much below 5k.
I think if Bitcoin continue to fall its still a good opportunity for the rest of us to buy while the price is still affordable for everyone. But Bitcoin will not going to go as deep as below $5k, but it could possibly be on the $5k level. For the next years, im sure Bitcoin's price will be a bit higher compared the current ATH, and not everyone are able to afford to buy. Right now the price is at the downtrend movement and this not bad for those who has the interest for bitcoin, because that's the principle of it to buy while its on lower value. However we should be calm while the still struggles to aim for higher value.
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alex M
Newbie
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Activity: 166
Merit: 0
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May 29, 2018, 04:01:37 PM |
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Since bitcoin started to fall down before last year ends until april this year, bitcoin really struggled a lot until it reaches its base price at 9,000$ already today. I can feel that bitcoin is having an uptrend early this year and it's gonna be good than last year.
Yes of course, I have seen that struggle since from the start of March 2018. Btc had reached the lowest downtrend price which is 6KUSD but its normal. Bitcoin is trying to recover and just recently managed to gain back the 9KUSD price though we are still in the bearish months. For now, bitcoin had dipped its price to 7KUSD. And I'm still hoping it would rise again soon.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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May 29, 2018, 06:47:45 PM |
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People indeed can buy as little of a whole coin as they want, but the reality shows that the aim is mostly focused on buying a whole coin. It's all psychologically related where people don't feel satisfied or comfortable with paying big money for a small chunk, while with the same money they can buy plenty of other coins. It's something that can easily be solved by changing the unit nominations of the exchange and wallet clients. Instead of buying 0.10 BTC for $700 you'll be buying 100 mBTC, which is something that will change the way people look at Bitcoin. 1 mBTC will just cost you $7 and I think that people will actually prefer this.
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PacePay
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May 29, 2018, 06:58:45 PM |
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People indeed can buy as little of a whole coin as they want, but the reality shows that the aim is mostly focused on buying a whole coin. It's all psychologically related where people don't feel satisfied or comfortable with paying big money for a small chunk, while with the same money they can buy plenty of other coins. It's something that can easily be solved by changing the unit nominations of the exchange and wallet clients. Instead of buying 0.10 BTC for $700 you'll be buying 100 mBTC, which is something that will change the way people look at Bitcoin. 1 mBTC will just cost you $7 and I think that people will actually prefer this. Intelligent people will not think like that and they will like to buy bitcoin if they get some money for to invest in any asset as they know the reality of bitcoin and they know the future of bitcoin. But other people who think like that have to adopt your way of calculation so that they do not think that they have bought one thing with their money.
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anntlevel
Jr. Member
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Activity: 286
Merit: 3
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May 30, 2018, 10:21:32 AM |
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Seems like it will continue to struggle. At the moment it was around 9500$ but now it's going back again. To be honest I don't expect to go much further this month and it probably will not touch 10000$ any time soon. This correction lasts a long period now but it was kind of logical situation after huge rise at the end of last year. But once we break 10000$, hope next month doors for further growth will be more open.
It's probably the last major resistance before $10k, so hopefully once it's broken it's gonna reach new all time highs. Although leveling there and making it a new baseline seems more realistic. As stated it could reach new ath. Now with the present drop we can see some of the panic users ending up selling all their bitcoin holdings. The same will be used as an chance to invest by this time. The ongoing corrective measures will start moving above $10000 within few weeks time. I think in the coming weeks it will reach to $10k with the btc price struggling as always it can survive. More demands on bitcoin could start to slowly increased this time. We should wait for the bull run to start since we couldnt exactly tell when it will reach over $10k. Bitcoin is uncertain a little between 8.8 thousand dollar and 9.2 thousand dollar as the price yesterday was 8.8 thousand dollar and today it is back at 9.2 thousand dollar that shows that Bitcoin is stable there and it is still giving and representing a sign that we have still time to invest for the future value will surely hit over 9 thousand dollar worth so that we have to buy now. And when I am checking the charts, I am waiting to see there that Bitcoin is going to reach 10 thousand. It will be a critical point for the next bull run. That's a normal struggle of bitcoin no matter what value it is it has been a struggle for it is always connected with cryptocurrency and other ICO's. What else can we do? Possibly we can just stay calm and do the same or normal thing that we have. Anyway,it has it's own journey to take we are just here to support and take the risk on what we put up for the betterment of bitcoin. Yes, we should always be optimistic that prices will skyrocket so not sell at the present time will help the price continue to rise and not drop, I'm sure that the future of bitcoin is still promising so with patience then we get big profit. If you care about price, you were fucked from the beginning ... HEHE Bitcoin improved and is improving these days but the price is seeming stable as the market price shifted from 6k dollar to 8k dollar and then up to 9k.5k dollar but again fell down at 8k dollar and then so on at 7k dollar. The market rate today is 7.2k dollar which improved a little and this trend if follow by the market will shift the low market into a high market. the target is not 9k but all Bitcoin need is the demand of people and this will happen soon as the market is low and people are encouraged to invest.
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