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real eyes realize
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July 02, 2018, 09:48:48 PM |
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Although the price of bitcoin looks very low to make some buying, I have still hesitations about buying now. I will just wait a little bit more to see the next prices.
You need to wait! It is very dangerous. I have waited some time. I am still not sure about that this prices are excellent for buying, but on the other hand, the current prices should always be considered to make plans. |
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5ensei
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July 02, 2018, 09:57:31 PM |
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The dead cat bounce is turning into a live cat jumping. Bitcoin is back on the march and this could actually be the real recovery judging from the speed at which the price has rebounded. Hasn't been like this in a long time, good to see some green!
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MidnightWolf
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Activity: 630
Merit: 10
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July 02, 2018, 11:10:01 PM |
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The dead cat bounce is turning into a live cat jumping. Bitcoin is back on the march and this could actually be the real recovery judging from the speed at which the price has rebounded. Hasn't been like this in a long time, good to see some green!
How long will this all go on? Of course I would like to see only green in front, today the market is in such a position that I do not expect active growth, at least until the end of this year. |
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biochem123
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Activity: 182
Merit: 13
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July 02, 2018, 11:24:47 PM |
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There's still money to be made here
We have a trend reversal on our hands shown by higher lows and higher highs (first time since drop from 10k)
not saying it's anything long-term but we could go up another couple of hundred bucks...meanwhile you can make 100% on alts
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ThomasV80
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Activity: 133
Merit: 10
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July 02, 2018, 11:32:04 PM |
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I agree with you that the decline will continue and we must be ready to accept it. I'm sure a big decline will happen and maybe $4000 is the lowest btc price for this year.
agree, I get the same information about bitcoin price prediction. if the bitcoin price breaks below $ 6000, chances are the lowest price of bitcoin can touch in the $ 4000 range. |
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Ciucas
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July 03, 2018, 05:01:11 AM |
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It looks like you were not right. The market seems to be recovering, and we are now heading to 300 Billion dollars market cap. There have been many good news lately, and i don't see why you just think this is all a pump and dump from whales because it's not.
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benedictonathan
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July 03, 2018, 06:03:56 AM |
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You are calling it a dead cat bounce while most of analyst see it as last dip or inverted peak and possible start of market recovery from here, i think next month will prove us where market is going, lets see.
You see it differently while the most in the thread agrees with the assumption. For all I know what we can do is basically just hold our investments from this point forward. Many analysts does see it as a last dip and we would be looking forward to recovery soon. We will see for ourselves what is in store for us the coming months. |
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okala
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July 03, 2018, 06:54:46 AM |
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It means we should becarefull in the ways we invest in bitcoin and others cryptocurrencies, because the bears are waiting to still pull down cryptocurrencies. Bitcoin maybe falling towards $5500 or $5,000 before it can be able to recover again. We need more volume to be able to go up.
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Cnut237
Legendary
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Activity: 1904
Merit: 1277
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July 03, 2018, 07:15:02 AM |
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I think that a big reason for the current bounce is that we were testing the resistance point at around $250 billion (whole market), which was the bottom established in the big drop earlier this year. $250b is where we stopped falling, and rose back to high $400b. The fall from that point has bounced back again at roughly the same place, a bit below $250b. When you bounce back twice from the same place, it shows there is strength there. I don't think there's much chance of drops past that point now.
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jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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July 03, 2018, 07:18:57 AM |
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I think that a big reason for the current bounce is that we were testing the resistance point at around $250 billion (whole market), which was the bottom established in the big drop earlier this year. $250b is where we stopped falling, and rose back to high $400b. The fall from that point has bounced back again at roughly the same place, a bit below $250b. When you bounce back twice from the same place, it shows there is strength there. I don't think there's much chance of drops past that point now.
We are testing a moving average Dumb ass! |
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jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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July 03, 2018, 07:19:38 AM |
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It means we should becarefull in the ways we invest in bitcoin and others cryptocurrencies, because the bears are waiting to still pull down cryptocurrencies. Bitcoin maybe falling towards $5500 or $5,000 before it can be able to recover again. We need more volume to be able to go up.
True! |
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jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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July 03, 2018, 07:22:19 AM |
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You are calling it a dead cat bounce while most of analyst see it as last dip or inverted peak and possible start of market recovery from here, i think next month will prove us where market is going, lets see.
You see it differently while the most in the thread agrees with the assumption. For all I know what we can do is basically just hold our investments from this point forward. Many analysts does see it as a last dip and we would be looking forward to recovery soon. We will see for ourselves what is in store for us the coming months. Bitcoin 7K would be a signal to buy BUT You need to protect gains with a stop loss! 7K IS A GREEN LIGHT! |
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jamesashmore1964 (OP)
Jr. Member
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Activity: 336
Merit: 3
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July 03, 2018, 07:26:24 AM |
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It looks like you were not right. The market seems to be recovering, and we are now heading to 300 Billion dollars market cap. There have been many good news lately, and i don't see why you just think this is all a pump and dump from whales because it's not.
Firstly news is an uncountable noun and do not put MANY before it! You might be right and at a BTC price of 7K your opinion will be confirmed for a higher run BUT you need to protect positions with a stop loss! |
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Vit83
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July 03, 2018, 08:05:21 AM |
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IMHO this is not very correct to call this dead cat bounce. IMHO now people are ready to buy again, but they don't understand what happening, why it falling again and again. We need few normal weeks, even without rally to start to believe that all is ok, to start buying;)
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Suslived
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CryptoTalk.Org - Get Paid for every Post!
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July 03, 2018, 08:08:25 AM |
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This guy sounds like a desperate shill spammer that has shorted bitcoin at the wrong time. Check out all his spam threads that aim to spread FUD about bitcoin. There is nothing you can do to stop progress and innovation my friend. Bitcoin is on the way back up because of it's fundamentals.
Sorry to tell you but if you bet against bitcoin and cryptocurrencies, you will always lose in the end.
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