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Author Topic: Bitcoin back on track?  (Read 531 times)
Kemarit
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July 06, 2018, 10:32:28 AM
 #21

Do you really think that bitcoin will really reach 9k this year or more ?

Why $9000K? Why not $20,000K? Doesn't sounds realistic to you? LOL.

Let's look at the current price, based on cmc its around $6600K. So in order to get to $9000 we need at least $2400 in the next 5 months or so, so approximately around $500 a month increase. Does it look like realistic? Of course, specially if you are a very bullish person. Heck it can even get above $10,000 is everything go on our favor (positive news coming, LN, Segwit etc..).

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XinXan
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July 06, 2018, 10:34:10 AM
 #22

These days it is just a battle back and forth with bulls and bears trying to determine short term market direction which is giving us some pretty good wicks at tops and bottoms of candles and makes it just a bit too choppy for our trading style. We should wait until a more clear direction shapes up.

''G20 Calls for Crypto Regulation Recommendations By July'' This month is probably going to be heavily affected by the new regulations. So far it looks ok short term because of the double bottom and good follow through but I'm fairly sure the g20 regulations will be a key factor and ultimately determine the trend for the rest of the year.
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July 06, 2018, 11:03:51 AM
 #23

Do you really think that bitcoin will really reach 9k this year or more ?

Why $9000K? Why not $20,000K? Doesn't sounds realistic to you? LOL.

Let's look at the current price, based on cmc its around $6600K. So in order to get to $9000 we need at least $2400 in the next 5 months or so, so approximately around $500 a month increase. Does it look like realistic? Of course, specially if you are a very bullish person. Heck it can even get above $10,000 is everything go on our favor (positive news coming, LN, Segwit etc..).

i can't tell if you are sarcastic here or serious!
but $500 rise per month is going to be between 5% to 7% increase every month. that really isn't a "bullish" move for bitcoin. it is the smallest rise that bitcoin can have in such a time frame! normally in a bullish move we have 40-50% rise per month at least.
so yeah that can easily happen!

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July 06, 2018, 11:14:45 AM
 #24

Again Bitcoin and altcoins are red in the market. So we don't consider the price fluctuation automatically it will raise in soon. But few peoples are said this will not survive in long term so we should wait and watch the future result. It will going to hype we will continue this platform otherwise stay away in this platform.

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July 06, 2018, 12:22:06 PM
 #25

can be said so, because bitcoin prices are now starting to increase. though not too much. it seems that prices will keep moving up until the end of the year.

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July 06, 2018, 04:36:37 PM
 #26

Do you really think that bitcoin will really reach 9k this year or more ?

The price of bitcoin made dramatic change this year.This is the source of the doubt, whether the price will reach atleast 9000$.Bitcoin will reach 20,000$ by the end of this year.Hold your bitcoin till the end of this year.Anything will happen before this year end.



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July 06, 2018, 05:18:00 PM
 #27

I'm sure you're pretrated with bitcoin price movements that continue to decline so have low expectations. Actually, in this bearish time I just found someone who hopes against bitcoin prices but different from most people.

I guess market bitcoin is now experiencing prestation as well because every time the price go up but with an instant then the price back down like yesterday happened.

Indeed, logically with the current market conditions we can not be sure the bitcoin price will actually rise again. Factors that cause cryptocurrency markets will increase we often read in some media, but the fact is bearish market still envelop. I only see from the fundamental side, technically will be different from what I say...

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July 06, 2018, 06:38:48 PM
 #28

Do you really think that bitcoin will really reach 9k this year or more ?
I really believe bitcoin is going to recover and move as it did last year.  Bitcoin has a pattern that it has been following and those pattern still exist.  In 2012 from the historical data bitcoin was facing this same condition and I think 2018 is not going to be different.  $9,000 is still a bearish market because I expect it to go as high as $25,000 by November and December.
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July 06, 2018, 07:55:32 PM
 #29

Do you really think that bitcoin will really reach 9k this year or more ?
I really believe bitcoin is going to recover and move as it did last year.  Bitcoin has a pattern that it has been following and those pattern still exist.  In 2012 from the historical data bitcoin was facing this same condition and I think 2018 is not going to be different.  $9,000 is still a bearish market because I expect it to go as high as $25,000 by November and December.

That ''pattern'' you are talking about took 3 years to reverse. If you truly believe it will repeat, we would have to wait 2 more years for it.

''I expect it to go as high as $25,000 by November and December. '' Based on what? Nothing? Your gut? Give me a break with these retarded predictions, it's impossible know the price, even tomorrow. You can make educated predictions, yours isn't educated.
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July 06, 2018, 08:06:10 PM
 #30

Do you really think that bitcoin will really reach 9k this year or more ?

$9,000 price is realistic to happened.

Now for what those reasons, for us to believed that price level will happened this year, is that really a big deal? Just go with the current flow and take advantage of every price trend that will occur on the way. Any hard guess, strong speculation, fearless forecast and stunning technical analysis will remained just an analysis as it can be spoiled anytime once a sudden trend happened.

It will happened or not? who knows... just patiently wait for it.

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July 06, 2018, 09:50:26 PM
 #31

If there is a bull run in the last quarter of the year as was seen in 2017, then I can say that bitcoin can reach 9000 usd and over in December 2018.
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July 06, 2018, 11:14:14 PM
 #32

Do you really think that bitcoin will really reach 9k this year or more ?

Honestly, is something very difficult to happen, it is not impossible, but it is very difficult to happen, the pressure of the central banks and the pressure of the governments is affecting the price a lot. it is enough to see that the price is not getting above the levels of $ 7000 and the demand is very low. For this reason I find it very difficult to reach the price of $ 9000

If there is a bull run in the last quarter of the year as was seen in 2017, then I can say that bitcoin can reach 9000 usd and over in December 2018.

Last year people were motivated because of hard forks and futures

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July 06, 2018, 11:25:36 PM
 #33

Do you really think that bitcoin will really reach 9k this year or more ?

$9k? sure, that's pretty likely. whether we enter a new bull market or just make a retrace in a bear market, that's not a difficult target to reach.

the bigger question is whether the bear market continues, and whether we see new lows. i'd love to be proven wrong, but i'm guessing this is just a bounce with more pain to come. i think $2000-$5000 is still on the cards later this year.

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July 06, 2018, 11:47:31 PM
 #34

Last year people were motivated because of hard forks and futures
I remember how people were fearing hard forks initially, but absolutely loved the free money that Bcash gave them, and it was a decent bit as well. It reached over 0.4BTC on Bittrex and from there kept going down.

I however expected the fork hype to last a longer while. It was extremely short lived, where Bgold was the last "successful" fork, but its value didn't have any foundation. I managed to sell most of my Bgold around 0.02BTC.

Currently it hovers around 0.004BTC. It's a coin with no purpose, no use, nothing. It should be valued closer to 0.001BTC and maybe it will. I hope that Bcash will follow and settle somewhere around 0.05BTC (preferably lower).

BSV is not the real Bcash. Bcash is the real Bcash.
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July 06, 2018, 11:51:32 PM
 #35

Do you really think that bitcoin will really reach 9k this year or more ?
I believe it will and will break that resistance that we're waiting for a long time.
Despite in all of this FUD bitcoin was still trying to recovering from it's loss and eventually will going to break that resistance.
I think it is just a matter of time before we know what is it at the end of the year.
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July 07, 2018, 03:52:34 AM
 #36

It clearly depends on the way that you see it.
But i think that bitcoin is not going to go up for the next few days/weeks/months, so it all depends

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July 07, 2018, 04:41:50 AM
 #37

The price of BTC has been hovering around $6,000 for a long time, and if it can be stable for a long time within that price range, then maybe $6,000 will be the bottom of the price.

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July 07, 2018, 05:02:29 AM
 #38

Do you really think that bitcoin will really reach 9k this year or more ?
I believe it will and will break that resistance that we're waiting for a long time.
Despite in all of this FUD bitcoin was still trying to recovering from it's loss and eventually will going to break that resistance.
I think it is just a matter of time before we know what is it at the end of the year.
That's how bitcoin performed blissfully, and with the current trend of its recovery point I think we're heading closer to what we desire. Trust your instinct and being updated for the market fluctuations is an ample strategies, in order for us to develop a motivational skill towards our trading goals.

Never surrender until you meet your goals in bitcoin, because one day surprises will come your way as you go further with your dreams of being wealthy. Desire always comes first before your aim and motivation will have to initiate great and surprising results.
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July 12, 2018, 11:56:54 AM
 #39

These days it is just a battle back and forth with bulls and bears trying to determine short term market direction which is giving us some pretty good wicks at tops and bottoms of candles and makes it just a bit too choppy for our trading style. We should wait until a more clear direction shapes up.

''G20 Calls for Crypto Regulation Recommendations By July'' This month is probably going to be heavily affected by the new regulations. So far it looks ok short term because of the double bottom and good follow through but I'm fairly sure the g20 regulations will be a key factor and ultimately determine the trend for the rest of the year.
There are still some corrections in the price but I think the price is increasing on the whole. $9k or $20k or more than that will be decided by the time. We should be optimistic about the bright future of bitcoin. Investment should be for long term and don’t expect any quick results from bitcoin. You need patience and courage to bear any worst situation of the market.
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July 12, 2018, 01:10:06 PM
 #40

Do you really think that bitcoin will really reach 9k this year or more ?
Why not,it will reach $9K in even next few days too,so don't care too much about the prices now be a long term holder and support the bitcoin,if you just buys and sell the bitcoin in short term it will never reach any new heights.

Keep dreaming but it's going to happen. Because the price was going the past few days most people have been thinking that Bitcoin will recover and some were thinking it's going to a new ATH. Because the Bitcoin price increase by $500-$600 doesn't mean it's recovering. Today is the perfect example: it lost about $700 after being up to $6900 just 4 days ago. Bitcoin goes up and down, don't forget it's a volatile market

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