Bitcoin recovery?

[daoquanghuan]

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

[muslol67]

A friend of mine that I care about the reviews is very important to Bitcoin in July, and Altcoin and then Bitcoin are going to rise fast. In succession ... I think the rumors will be right. He always knows I don't know how.

[SubZer0]

We can look back at Bitcoin's history and learn a valuable lesson from all these crashes. Stay calm and HODL your bitcoin. Do not sell your bitcoin at a low no matter what the FUD spreaders are saying. If you can, buy Bitcoin at a low because history tells us that it is only a matter of time until we reach a new all time high. We have lived through numerous Bitcoin crashes. If you were in Bitcoin back in 2011, 2013 or 2015 and you had panic sold your BTC, when it was at a low, you missed out on an opportunity of a lifetime. Let's say that you had 20 bitcoins back in 2015 when bitcoin was at $1,000. You had $20,000 worth of BTC. If you had sold on the way down you may have gotten out with 10k or less. However, if you had held and stuck it out through the storm, your 20 bitcoins would have been worth nearly $400,000 just three years later when Bitcoin reached 20k.This technology is here to stay and Bitcoin has a bright future ahead of it. As more and more people realize its potential, the demand will increase and because there is a fixed supply, the value will continue to increase exponentially.

[12tribes]

We can't be yet positive but rather we may only postulate that the bitcoin will continue to rally and do well because we see a relief on the pressure being created by the falling prices on the crypto market. whatever makes the bitcoin price unsteady will have a ripple effect and that's not good. It is true there is gain, but it must be sustained before we can safely say it is recovering

[YuginKadoya]

It is to early to assume that the price is going back up or having a bull run, Because I really think this movement is not really a pump but as you have said just a recovery and a very stable in the same price, We might see a swaying price from back and fort in going up and down but let's just wait if the Month of September or October can be a start of the pump for bitcoin, You can also see it if you can check the marketcap we can see another slight decrease with the price again.

[Hannahanto]

Yes ofcourse bitcoin is starts to recover the price of bitcoin is slightly increase for past two days. At the same time little bit decreases also. After a long time the price have some  growth. If it continues in upcoming days the bitcoin holders will be very happy. We need a patience to wait for holding bitcoin for long term. If you have bitcoin just hold it for long time it will give more benefits in future, once the price will have huge growth.

[Febo]

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

It dont changes anything. Second quarter of 2018 come that time of Bitcoin cycle that price had negative growth.  That is all.  We might have third quarter with a negative growth also.

[audaciousbeing]

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

The second half of the year is always one filled with hope and so much activities. Even in our daily lives outside crypto, ending of the years activities is always starting at the beginning of the third quarter. On price, I am hopeful that we tend to see some increases in price because people tend to buy and hold till December with the assumption that another premium level is about to be reached coming this December. However, while I believe that we would see some increase from the downward trend of price that have happened since the beginning of second quarter, I don't see price touching the all time high that happen last year because from the look of it, there would be gradual increment compared to sporadic that was witnessed last year. Eventually, I see us ending the year within the range of $14,000-$16,000.

[Gaaara]

It is to early to assume that the price is going back up or having a bull run, Because I really think this movement is not really a pump but as you have said just a recovery and a very stable in the same price, We might see a swaying price from back and fort in going up and down but let's just wait if the Month of September or October can be a start of the pump for bitcoin, You can also see it if you can check the marketcap we can see another slight decrease with the price again.

So true, its not because a $900 dollar run has come in just a month it means it will burst and creates a bull run, currently we're just came back to normal as you said its just a recovery from that massive downfall. Anyways there is still a lot of gap between the previous value but the recovery means it can start to grow again because of that slight improvement.

[liuqi]

Bitcoin will recover on end of the year so we do not judge anything in this platform. Know all the peoples are panic in Crypto investment it is main drawback of this platform. When all are interested to buying cryptocurrency that day is the good time for Bitcoin recovery.

[livingfree]

Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

I'm hopeful for this quarter and second quarter has passed so just move on and don't you think too much with the past.

You can't dwell in there forever and guess what? Bitcoin is pretty stable with $6,700 - $6,800 unlike last week it was only around $6,000 - $6,500.

[adaseb]

I don't think Bitcoin is experiencing a recovery.

The people who say that are the ones who bought at $20K and are losing money.

Bitcoin last year went from $1000 to $20000, what is going on right now is a healthy and much needed correction.

If Bitcoin all of a sudden went under $1000 and kept going lower and lower... then it would need a recovery... not a correction that its experiencing right now.

[BitHodler]

The people who say that are the ones who bought at $20K and are losing money.

No one lost anything if coins aren't sold.

I frequently read back old threads to sniff the sentiment back then, and the noobs who bought near $1000 in 2013 that people were making fun of at that point, have done exceptionally well if the kept their coins.

It required you to only wait 4 years to see the price reach nearly $20,000 last year. If people do the exact same thing right now and hodl through, they will be able to sell waaay higher somewhere in 2020 or maybe even sooner.

Tell me, where in the world can you experience such returns in only 4 years? If you invest in anything not related to crypto and you earn 5-10% annually, you have done exceptionally well. People here are too spoiled.

[Soots]

Bitcoin will recover on end of the year so we do not judge anything in this platform. Know all the peoples are panic in Crypto investment it is main drawback of this platform. When all are interested to buying cryptocurrency that day is the good time for Bitcoin recovery.

With postivity, I am confident that bitcoin will recover in sooner time and this 2017 it have to gain its profitable value again. Since the demand continued to arise, more new traders invested in bitcoin and the digital asset is more trusted compared with the physical one. As long as there's a growing community of bitcoin, I think it will have to maintain the momentum it has based on how it behaves in the same ways previous bull run last year, and even better with 2018.

[BitMaxz]

Bitcoin price is in recovery state where the price increased a bit and there is a little bit increase on volume, so, I think the price of bitcoin will slowly gaining and reach the $7k value before the end of this month. I don't see any sign or signal that can push the price higher or when the bull market starts.

The volume is in a stable state so I think only miners, traders and project investors is the reason of supporting the current price and the other reason is some good news about big bull run coming that I think it's one of the reasons why the price is still stable at $6600 to $6800.

There are many good news about bitcoin these days so I expect to see $7k sooner.

[ClackKendi]

Everyone expected that the price of bitcoin will be increased rapidly and will return as attractive and exciting as before investors always watch the price as well as its volatility in the current and the future.

[pooya87]

Everyone expected that the price of bitcoin will be increased rapidly and will return as attractive and exciting as before investors always watch the price as well as its volatility in the current and the future.

only newbies expect unrealistic things out of bitcoin like this and that is why they always end up panic sell (when the price doesn't go as fast and high as their dreams) or FOMO buy (when the price doesn't drop as low as their dreams and rises instead).
for now you can not expect the market to just do a sharp turn around and start rallying. we are just getting out of the bear market. we need some times to accumulate, change trend, and start with a slow rise then with the "rapid increase"!

[BTCgrinders.com]

The 2nd quarter is probably not much of a pattern break to pay attention to.

[magneto]

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

I don't think that the fact that bitcoin has not increased in value in the 2nd quarter is really anything to be alarmed of, because we are after all, in a bear market. And I'm pretty sure that we've seen similar bearish circumstances in 2014's bear market.

It's not going to affect bitcoin in the long run, it's not going to affect adoption. A lot of people tend to panic about the price movements in the short run and think that it's going to influence bitcoin's success in the long term, which I just don't think is true.

Is it necessarily true that bitcoin is going to see a recovery by the end of the year, though? I don't think it's guaranteed at this point. Based on the last bear market which lasted one to one and a half years or so before it bottomed, we may see further dips come our way before the end of the year. I'm much more confident that bitcoin will start its recovery some time mid to late next year, and a bull market coming near 2020, rather than saying that it's going to come before the end of the year.

[talkbitcoin]

it is too soon to talk about recoveries and when they are going to happen and how high it will go. for the time being all we know is that we have reached the bottom and price could not go lower than $6k because of the strong buy support and the incentive to buy there. and we also know that this stable phase can go on for a long time so we may see 2 months of $6k-$7k range.