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Author Topic: Bitcoin Analysis 1st August 2018 | Going Bullish Or Bearish?  (Read 266 times)
christysmile
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August 11, 2018, 06:00:58 PM
 #81

The dip is still normal and the and we should be expecting 5800 area as next stop but the 20k will be along time thing which might take years to get to , we are in correction time and the weeks chart and month chart still have a bearish sign that will drive us long time to get new ATH.
The hype about cryptocurrencies seemed to have died down; with that, the rate of cryptocurrency wallets have also slowed down. From this, we can conclude that it would take time for the people to once again be interested in this space. We might not reach new ATH this year but at least we can expect a more natural price growth.

This is one of the more rational outlooks. Natural price growth because the fad is sizzling up and we are running out of people rushing in. This is probably better because frantic rushes up like that are not healthy for an asset. Just look at what happened to gold almost a decade ago. And what's happening to the stock markets right now after the Trump-gasm buying spree.

If we see a slow and steady increase it will be the best for bitcoin. Any more skyrocketing and it'll have another monstrous crash, I guarantee it.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Sandus_Cryptolover
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August 11, 2018, 06:22:23 PM
 #82

Just only wishes all this trauma can come to an end and let the market grows organically. Bitcoin fate is attached to all atcoins, which in general affcets the whole Cryptoworld. Hoping for the most expected news anyways.

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August 11, 2018, 08:32:51 PM
 #83

I think that Bitcoin will reach 20000$ within 1 month after the approval of the ETF. Now all major investors are expecting this particular event, so until this moment the price will not grow.
edisonali
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September 06, 2018, 09:19:23 AM
 #84

If it is in correction mood then it will be great also this price may decrease because of rejections etf may be. Also this will not decrease like before I mean drastically I hope btc will touch 20k in 2019 based on their benefits.   
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September 06, 2018, 09:30:35 AM
 #85

2018 year of the bear in the crypto-currency market. We will not see good bullish growth this year.

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September 06, 2018, 09:33:07 AM
 #86

I think Bitcoin will rise rapidly and break through $7200 in the next period, because the market starts to make a lot of dumps, and the target of the dump is Bitcoin and USDT. The price of Bitcoin will continue to rise!
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