How Bitcoin is doing?

[RothsCoin]

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
.
The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

RTC
Rothscointeam

[cryboy24]

The volatility is still not gone completely. But I hope, by the end of this year it would be gone and the prices would be high again. Let's see what happens.

[ojherpeu]

I think the correction of the market will soon be over. Bitcoin will start to rise in May. Let's hope for it.

[FrueGreads]

Bitcoin, and the market in general, seem to be doing well so far. Yes we had that drop, and bitcoin is still having a hard time to move above the $10k mark, but I think we are still on the path of leaving the down trend we entered at the beginning of the year.

Once again, this flash drop seems to be connected to another fund liquidation from Mt.Gox, and there is also the investigation around Upbit. It didn't last long, and it seems that the recovery has resumed once again. Let's see if it continues.

[kojoannan]

Bitcoin is not performing as it should be by the standard that it is the leader in cryptocurrency. It is more good to invest in altocoins than bitcoins. Since the beginner year , bitcoins has failed to cross the $10,000 and stayed there for a month. It is currently trading around 700 USD and is confirmed how terrible it has been.

[CrypticGambit]

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
.
The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

RTC
Rothscointeam

Bitcoin is strong the 8200$ target has held pretty nicely and I think that we can go above 10000$ pretty soon. My end year prediction is bitcoin for 20000$ and ethereum for 5000$.

[G14tz87]

Basic for new users
As a new user, you can simply start using Bitcoin without having to understand the technical details. After you install the Bitcoin wallet on your computer or mobile phone, it automatically creates your first Bitcoin address and you can create more addresses whenever you need them. You can give your Bitcoin address to your friends so they can pay you or vice versa. Very similar to how email works, except that the Bitcoin address can only be used once.

Balance - chain-block
The blocks are a common transactional note in which the Bitcoin network rests. All confirmed transactions are included in the chain-blocks.

Transaction - private key
A transaction is a transfer of value between a Bitcoin wallet that is included in a chain-block. The Bitcoin wallet stores a secret section of data called a private key, used to sign transactions, providing mathematical proof that it is true that the owner of the wallet is transacting. Signatures also prevent transactions from being changed by anyone after they are published.

Processing - mining
Mining is a distributed agreement system used to confirm transaction queues by inserting them into chains. Mining arranges chronological sequences in chain-blocks, protects network neutrality, and allows different computers to agree on the state of the system. To be confirmed, the transaction must be wrapped in a block that fits the very strict cryptographic rules and will be verified by the network.

[granchio]

I think bitcoin is going well again. Despite its current price, I have good expectations from it. I think it has a great potential to reach much more better prices than its current price, and I hope that it will rise again very soon.

[Neymar10]

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
.
The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

RTC
Rothscointeam

I think that there is still a possible fall, of course if the news on the consensus will be good but he has grown back but today tomorrow I think may fall

[Skieleton]

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
.
The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

RTC
Rothscointeam

In the end, the answer to the question "where the price of bitcoins comes from" and why it is worth so much, you can say that it is ultimately worth as much as people buy and sell it. This is often just as much a matter of human psychology as economic calculation. Do not let emotions dictate your actions on the market; this is best achieved by defining and sticking to the strategy. If your goal is to collect Bitcoin, it is a good idea to set a fixed amount every month to buy bitcoins, regardless of the price. Over time, this strategy (known as dollar cost averaging) will allow you to accumulate bitcoins at a decent average price, without the stress associated with attempts to predict sometimes wild fluctuations in the price of Bitcoin.

[Conte_Forni]

I think a very good price is now on bitcoin and it will grow, very soon bitcoin should be more than 10 000

[K0korap]

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
.
The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

RTC
Rothscointeam

Well after a big sell of BTC, It's only natural for it to have a dump. I guess it needs some time for recovery. there's a big supply right now, and i know that gradually it will recover sine the tokens need to circulate and investors are still putting effort to pump BTC. Though the recovery is gradual I'm still positive that BTc is on an increasing trend.

[yura_878]

I think that now you can start to buy bitcoin. I think that the price should increase in the near future

[Felic43]

bitcoin market is not good now but i still put my truth they will get back to normal soon
rise and falling is a constant thing

[Gekkoo]

A good analysis but this line of thinking can break or disappear, there are several factors that apply in Bitcoin, factors that do not yet exist in altcoins. Thus, we are already faced with sudden highs that jump of $ 800 or more in the day and also in counterpart we can not affirm or calculate a destiny for the Bitcoin and the maximum we can do is to believe in the stabilization with signs of high.

[13ex07]

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
.
The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

RTC
Rothscointeam

Technical analysis, the lines of RSI - this is of interest. However, even more interesting is the fact that the Theter published in May 410 million usdt

[Ilmiyati]

I do not panic if bitcoin prices are on the edge at this time, because I always believe and believe if someday in the future, bitcoin prices will soar to its peak. so start from now to buy bitcoin as your investment asset in the future.

[vit05]

I think we'll find the 7k again. And worse, the alts will melt so that Bitcoin can again take 45% of the market. Let's see how the Asian market wakes up, but with the news about the problems of some exchanges, I do not believe they will throw the price up.

But I believe that soon the western market will demonstrate strength and pull the bullish movement with great volume and betting stronger on the BTC.

[Vispilio]

Unless a contender like BCH decidedly overtakes it, it's difficult for BTC to drop below 6k USD from now on.

And it's likely to go parabolic after a close above 10k, which would be a clear break of the 200 line which has been rejected twice already.

So watch out for the next surge up. These levels are pretty good to accumulate, but also hedge against the likes of BCH.

[shinratensei_]

The volatility is still not gone completely. But I hope, by the end of this year it would be gone and the prices would be high again. Let's see what happens.

The volatility will never be gone. It's a part of the cryptocurrency itself that has generated through supply and demand.
OP, i guess a little signal has already happened and it takes the more time for bitcoin to get the same recovery like what has already done by ethereum and ripple. It may go back again as soon as possible.