dothebeats
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August 06, 2018, 12:52:05 AM |
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Bulls, as of now aren't really doing anything after the SEC delayed their decision regarding the ETF until Aug. 10. Bitcoin lost momentum after bulls gave up a crucial support level @ $7500, and it seems that they're doing it on purpose since there's really not much incentive to do a push, knowing that almost everyone has banked their future positions and moves on the approval of the ETF. If it gets approved, pushes will be there together with the FOMO that is really what's moving the price to higher highs.
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iamMhew
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August 06, 2018, 01:31:19 AM |
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Because bitcoin starts moving, as we can see, altcoins are bleeding when bitcoin starts to move or recover, this is a prof that altcoins are nothing without bitcoin. So investors are starts moving forward fund to bitcoin to avoid lost in altcoins otherwise can earn profits in bitcoin. But when bitcoin starts to skyrocket, altcoins are starts to move/rise too,
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passioncrypto
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August 07, 2018, 10:58:01 AM |
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Agree with you statement. Bitcoin market is currently seeing a correction which was due to the increase it saw during ETF hearings. After the rejection of ETF the market went bearish. But, keep in mind, there are more ETF proposals waiting for hearings in the future, which will definitely help BTC's price to rise again and if it gets approved, we will definitely see bull run then.
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ngacengan
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August 07, 2018, 11:10:49 AM |
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yes maybe it's very true that the market prices are slowly increasing prices and hopefully this is good news and can make traders smile again because the conditions of the price of bitcoin are starting to increase prices.
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bontkoli01
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August 07, 2018, 11:53:15 AM |
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Not only investors, miners are also mining bitcoin now at an all time high hash rate. If the community itself helps Bitcoin to move beyond its boundary then there will be nothing better than that. Hopefully, the market will see a bullish run by the end of this year if everything goes in a positive way.
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sagittarius1
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August 07, 2018, 11:57:23 AM |
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Bitcoin cost would tumble down little bit Be that it will develop us Likewise early Likewise could be allowed. I think it is a greater amount useable and secure clinched alongside crypto universe. Kin are increment their interest will put resources into bitcoin. Clinched alongside different side altcoin are relies for bitcoin. I feel Additionally altcoin make great business The point when bitcoin are great.
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Dirk2017
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August 07, 2018, 12:56:14 PM |
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yes maybe it's very true that the market prices are slowly increasing prices and hopefully this is good news and can make traders smile again because the conditions of the price of bitcoin are starting to increase prices.
Well I think all of investors or traders are always looking forward for their coins, all of us expect something that can make us happy. Im looking forward on bitcoin no matter what, i know it will rise, i just keep hodling and waiting.
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Kemarit
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August 07, 2018, 01:52:10 PM |
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Bulls, as of now aren't really doing anything after the SEC delayed their decision regarding the ETF until Aug. 10. Bitcoin lost momentum after bulls gave up a crucial support level @ $7500, and it seems that they're doing it on purpose since there's really not much incentive to do a push, knowing that almost everyone has banked their future positions and moves on the approval of the ETF. If it gets approved, pushes will be there together with the FOMO that is really what's moving the price to higher highs.
Exactly, the bulls are just waiting from the outside, but will eventually get in once we see some semblance of a break out run. Unfortunately, support level has been broken $7500 and now the price just hovers above $7000. Everyone is waiting for that Bitcoin ETF approval before pouring their cash on the market. It is only a few days before the actual decision is handled down, but a approval will mean another shake up on the market will happen, otherwise, the bears will continue to control on this market and we won't see signs of another all-time-high at the end of the year.
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131tc01n
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August 07, 2018, 02:20:31 PM |
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yes let's see the next bitcoin movement and I'm sure bitcoin will recover soon, as well as other altcoins, I have taken positions a few days ago and I'm now waiting for the recovery of bitcoin and altcoin
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frankforty
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August 07, 2018, 03:01:32 PM |
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If Most of investors moving their fund in bitcoin because of ETF than this happening by hype and FUD. if bitcoin will recover in upcoming days than alts also will be recover, bitcoin is the most popular currency and this is the first choice of investors so they believe in bitcoins rather than other altcoins because most of Alts is shit coins.
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tegarp90
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August 07, 2018, 03:06:04 PM |
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If we see last two week Bitcoin price chart than Bitcoin is bulls now. Still I believe Bitcoin are bullish run. After expose if ETF news it was run on bulls. Because investors are moving their fund on Bitcoin. That's why all alt coin is bleeding badly. ETF was good indicate for crypto. I don't know what will happen exactly. Yesterday so far we seen Bitcoin was bearish. Today again start recover slowly. Due to moving fund on Bitcoin almost alt coin become shitcoin recently. But it's true that when Bitcoin will stable all alt coin market will start recover. Because that time investor will start moving fund to alt coin trading. Let's see what going to happen.
It was going down a lil bit because traders wanted a short profit and they bought it again when it reach it's support. Bitcoin trading is really fast paced.
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marjon
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August 07, 2018, 03:25:57 PM |
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I don't believe altcoins badly affected when bitcoin become bullish. As most altcoins relied on bitcoin price trends. About ETF, it's probably emit a positive impact to bitcoin and expect a bullish run for ongoing development of ETF taking closer.
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sdipmlrp
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August 07, 2018, 03:29:11 PM |
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There's a lot of news about ETF in the last month. I think the Bitcoin Fund can drive market prices in the short term, but it is only by allowing communities to develop that it is possible to continue to drive the encrypted world forward.
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Sergcrypt
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August 07, 2018, 03:46:03 PM |
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it's all too volatile
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boyjack
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August 07, 2018, 03:52:03 PM |
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Yes every one investment value is going down because of the current market situation, I think you should hold until you reached goal, I strongly believe bitcoin and crypto currency have great future and the price will change soon, by next year the price of crypto currency will go up, this currency manipulation is temporary only and price will be reverse soon The value of investments are decreases but only on cryptos because the entire market of cryptos are suffering on a big crash lately
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PonyBoy
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August 07, 2018, 04:21:12 PM |
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If we see last two week Bitcoin price chart than Bitcoin is bulls now. Still I believe Bitcoin are bullish run. After expose if ETF news it was run on bulls. Because investors are moving their fund on Bitcoin. That's why all alt coin is bleeding badly. ETF was good indicate for crypto. I don't know what will happen exactly. Yesterday so far we seen Bitcoin was bearish. Today again start recover slowly. Due to moving fund on Bitcoin almost alt coin become shitcoin recently. But it's true that when Bitcoin will stable all alt coin market will start recover. Because that time investor will start moving fund to alt coin trading. Let's see what going to happen.
I'm looking forward to the time when at least one of the major worldwide investors would become interested in Bitcoin and will claim his first profit from it I think he would share this experience with everybody else and the market start to grow then.
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svetochka.yakovleva.93
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August 07, 2018, 06:50:55 PM |
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I completely agree with the creator of this topic! now a lot of negative news that affect the cost of bitcoin. a lot of investors have shifted their money into bitcoin and are waiting for when there will be growth or just wait! but when there is real growth, they will transfer their money to other crypto coins. and then we will see fantastic percentages of profits!
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SheldonLang
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August 08, 2018, 02:03:09 PM |
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BTC is currently experiencing a bearish trend but investors has definitely backed it up by putting their trust on it. Miners are also starting to mine again, which is why the hash rate has reached an all time high. It means in near future there will be a huge demand among people who want to directly purchase BTC. ETF's next hearings will also play a large role in bringing new investors to the market.
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DavidMoore
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August 08, 2018, 02:18:03 PM |
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Investors have been backing up and putting their trust on Bitcoin for a long time now. If the trend continues and other good news start coming in, Bitcoin is likely to rise again and start a bullish trend in the market. Alt market will definitely become positive again once Bitcoin becomes stable from all these fluctuations.
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InfiniteBlock560
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August 08, 2018, 04:56:07 PM |
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Investors who are funding Bitcoin is not only trying to HODL bitcoin till the price is gets high again, they also moving towards BTC because of their trust on the coin. In future, ALTs might get stable again but people will always prefer to invest on BTC rather than opting for ALTs.
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