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Author Topic: Why red again. It should slowly turn green  (Read 2677 times)
Vispilio
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May 30, 2018, 12:13:49 AM
 #81

6700 USD can be considered a bottom for Bitcoin. A lot of institutional investors throughout the 2nd part of last year entered at these levels,

and they are preparing to do so again. Unless another cryptocurrency overtakes BTC as the number 1 reference Crypto,

you can expect a very strong run for Bitcoin from here on out along with all the promising altcoins.

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May 30, 2018, 04:50:40 AM
 #82

6700 USD can be considered a bottom for Bitcoin. A lot of institutional investors throughout the 2nd part of last year entered at these levels,

and they are preparing to do so again. Unless another cryptocurrency overtakes BTC as the number 1 reference Crypto,

you can expect a very strong run for Bitcoin from here on out along with all the promising altcoins.

Quote
6700 USD can be considered a bottom for Bitcoin.

Seriously? Well   I dont think so because i think bitcoin can stil go down and no there is no known bottom for it,  it may go down until it reaches zero but i think that couldnt just happen in an instant because not all people are dumping their coins , there are still most people who prefer to continue their journey as a pro hodler.

Quote
A lot of institutional investors throughout the 2nd part of last year entered at these levels,

Yes i agree there are lots of investors had entered the crypto scene last year because we did already see that the price of bitcoin had pumped dramatically. But i think there are also few who have exited because the price did also fell.
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May 30, 2018, 05:17:34 AM
 #83

It looks like they have waited for the reversal, the main thing now is not to frighten off. It is even hard to believe that the market will not return to the red road again, the last green days were very short, which we will observe now: continuation of the bear market or the beginning of the bull market.

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May 30, 2018, 11:38:57 AM
 #84

6700 USD can be considered a bottom for Bitcoin. A lot of institutional investors throughout the 2nd part of last year entered at these levels,

and they are preparing to do so again. Unless another cryptocurrency overtakes BTC as the number 1 reference Crypto,

you can expect a very strong run for Bitcoin from here on out along with all the promising altcoins.

this could happen but I think there will be a strong support in the $7000 because many people don't want to see the price is below than $7000 and they still wait for the price to back the increase. the bitcoin price still unpredictable until now and it moves at every level of price and makes people become panic if the price is getting down. but I am sure that this will over and bitcoin price will reach the highest price in the future so we can sell the bitcoin in the new highest price if we can hold for a long time.



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dunfida
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May 30, 2018, 12:01:56 PM
 #85


a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?
Theres no specific time on when the price would turn to green once again it might be on this month or next or next year.No one really knows and thats how volatile crypto market is and as an investor you would really got worried but this is part of the risk and you should really got used to it because this is really an unpredictable market. We are reaching 3rd quarter of this year and we possibly see recovery once again.Just have patience and do trust on your holdings. Grin

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May 30, 2018, 12:13:09 PM
 #86

There is actually no specific month or time or day when the market turns green, it just basically depends on the news which is what happens most of the time. And if there are big news or a project that has anything to do with mainly bitcoin.

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May 30, 2018, 01:22:18 PM
 #87


a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

Everyone saying something doesn't mean that it will happen as it is. Remember, we are in a market full of speculations so we cannot be too certain about the movement of price of any coin. If we will base this to the history of Bitcoin's price, we might expect a great deal of increase of value on the month of October. BER months are good months for cryptocurrency but then again, we cannot be too certain.
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May 31, 2018, 12:09:25 AM
 #88


a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

I think this week maybe still running red, BTC maybe reach around $7K, and this is a good time to buy some thing. Good luck to you
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May 31, 2018, 02:12:13 AM
 #89

There is actually no specific month or time or day when the market turns green, it just basically depends on the news which is what happens most of the time. And if there are big news or a project that has anything to do with mainly bitcoin.
that's right. now bitcoin price goes down maybe because some news and accident in BTG https://news.bitcoin.com/bitcoin-gold-hacked-for-18-million/
 some are panic selling because these news make the bitcoin holders worried
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May 31, 2018, 04:06:15 AM
 #90

I think at the end of May this month red coin and get will just in early June slowly become green and so I am sure at the end of the year will be good and stable again, maybe now all in the decline and in early June it will be a good month
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May 31, 2018, 04:29:42 AM
 #91

We cant predict what month specifically the market will bounce back consistently no one really knows however this situation is normal hence dont take it as if there's no chance for recovery.

Actually its also a good thing that we are experiencing price dips because we have the chance to buy and invest in potential coins like btc, eth and iost thus be positive whatever the situation is.

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May 31, 2018, 04:36:29 AM
 #92

predictions will not guarantee, true or not, digital currency is pronounced by Community groups and many also predict altcoin tp prices that the facts are not all true, affecting prices can be determined from public demand.
many hope that this month will be a good start for altcoin prices, but the reality is not as expected, we think positive one day will return to normal after altcoin hit by a big storm like this now.
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May 31, 2018, 04:42:33 AM
 #93

No one could predict the market accurately but I remember the market goes on green in the first two weeks of May but after that it came to red after the Consensus 2018, probably because of the new regulations and some big exchanges had an issue with the laws.

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May 31, 2018, 05:30:04 AM
 #94

Because at least half of trades  being made by bots in automatic.Btc just had a direct drop down,and in automatic a lot of orders are on sell.Poeple just folow usually

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May 31, 2018, 06:11:52 AM
 #95


a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?
Bitcoin prices are determined by people who have Bitcoin.
If you have Bitcoin now, you are one of those people who determine the Bitcoin price. If suddenly all your bitcoin is selling then there is a decrease, that's the nature of altcoin from the past, if indeed altcoin is now red, then sales happen with a large amount of each altcoin.
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May 31, 2018, 06:23:59 AM
 #96

the big green wave was last year between july - dez

maybe market react same as last year.

i think that lighning will bringt btc the big boost up to 50k

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May 31, 2018, 07:04:14 AM
 #97

Because at least half of trades  being made by bots in automatic.Btc just had a direct drop down,and in automatic a lot of orders are on sell.Poeple just folow usually

bottom price for btc is 6000 dollars.
every price below 7000 is a chance for buying.
i hope june will be the good month for the btc
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May 31, 2018, 07:21:57 AM
 #98


a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?
it seems you are overconfident with the talk of people without resources. frankly I also often hear people say that the increase will go to "X", but in fact it does not happen. from now on I better believe in myself and do my own research.
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May 31, 2018, 04:24:49 PM
 #99

Higher expectations will most likely result to disappointment. All the predictions and speculations you've read regarding crypto are all just possibilities but doesn't mean that it will happen. Whatever happens, you should always have a readily available decision that will trigger in any situation. The market will always be unpredictable, but there are many ways to win against the tide, you just have to really equip yourself with proper knowledge, understanding, discipline, and patience..
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May 31, 2018, 09:27:53 PM
 #100

along mei is a great time to buy.
as I predicted that April market is very fresh and in May the market will bleed until later in July the price will continue to reach above the april level.
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