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Author Topic: BTC Struggling to Reach Over 9K  (Read 478 times)
Fasunathan
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May 29, 2018, 09:46:42 AM
 #121


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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May 29, 2018, 04:01:37 PM
 #122

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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May 29, 2018, 06:47:45 PM
 #123

LOL ... WRONG!  The minimum isn't 1.  Where the fuck have you been for the past several years?   Grin Grin Grin

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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May 29, 2018, 06:58:45 PM
 #124

LOL ... WRONG!  The minimum isn't 1.  Where the fuck have you been for the past several years?   Grin Grin Grin

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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May 30, 2018, 10:21:32 AM
 #125

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  Grin
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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