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Author Topic: Bearish again? (Back at $5500)  (Read 2120 times)
jagdeepjd
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August 25, 2018, 05:23:24 PM
 #61

The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?

The current situation looks very despair no confidence in the market at all. And now we are looking forward to the catalyst of CBOE's ETF in late September other than that situation is quite worst. So yes we may see some spike in the prices in the mid-September and then a slump again if ETF is extended again which is more likely to happen.
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August 25, 2018, 05:59:39 PM
 #62

The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
For prices to skyrocket, I don't think it will be in the current year, and my prediction of the market will continue to be bearish until the end of the year is only a slight surge and again decline.
I hope this will be a gap for investors to buy coin coins at this declining price, and start not to sell because everyone wants next year there is a market change to bullrun and not to continue to be bearish
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September 05, 2018, 07:51:20 AM
 #63

I'm thinking $ 6000 already is the current hard support. Bitcoin will return to $ 10,000 in September. A lot of technical analysis is geared towards that
Bearish trend is currently existing in the market and we should not sell right now will be a foolish decision ever if you proceed for selling. Better decision is to invest more in the Bitcoin so that we have more coins in our wallet for we are looking to make huge or maximum profit in high market. High market is not far as it has taken too long to convert into bullish but we have to think for benefit only and the current benefit is to buy more.
I personally too much confident and can smell that bitcoin price is going to become skyrocket very soon. I have already investing a lot of money in bitcoin at current price and even holding some bitcoins for last few years. I still interested to do more investment in bitcoin because the current price is still too much attractive for investment.

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September 06, 2018, 08:32:28 AM
 #64

The trend for bitcoin shows that the price will not go that low for a long time and maybe even never again. That is the power we have, the bitcoin price was around at $7k+ lately and now dropped to $6.4 levels one day, I am not against that and I won't be shocked if that ever happens but fortunately for us the price is high enough that even at $7k we were talking about the bull run and how far it will go so I do not think the price will go back to $5.5 levels ever again.

The lowest it reached was $5.8 levels and even there it didn't stayed too long and it went up right away so I think it won't even hit that $5.8 levels neither. We are at a place where the bitcoin price found the bottom and that is around $6.4 levels.

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September 06, 2018, 09:22:54 AM
 #65

As many people as many opinions about Bitcoin price movement, but I'm with those people who believe that we already reached the bottom of BTC price.
Even if this time BTC price went till the bottom again, the price may dip a little to below $6,000 but it will rebound to $6,500 and goes up more.

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September 06, 2018, 09:57:34 AM
 #66

the price of bitcoin is dumping, looks like it's hard to increase high for bitcoin, but I still believe the potential of bitcoin it will skyrocket soon before end of this year.

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September 06, 2018, 10:28:28 AM
 #67

I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !

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September 06, 2018, 12:12:29 PM
 #68

this year there was not a flexible exchange at the markets. I lost hope now that it's starting levels. max. It is traded at the level of $ 9,000 for the end of the year. For ether, max. It will be $ 900 - $ 1,100.
It's very hard to say anything for 2019.


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September 06, 2018, 02:00:06 PM
 #69

I'm thinking $ 6000 already is the current hard support. Bitcoin will return to $ 10,000 in September. A lot of technical analysis is geared towards that
Bearish trend is currently existing in the market and we should not sell right now will be a foolish decision ever if you proceed for selling. Better decision is to invest more in the Bitcoin so that we have more coins in our wallet for we are looking to make huge or maximum profit in high market. High market is not far as it has taken too long to convert into bullish but we have to think for benefit only and the current benefit is to buy more.
I personally too much confident and can smell that bitcoin price is going to become skyrocket very soon. I have already investing a lot of money in bitcoin at current price and even holding some bitcoins for last few years. I still interested to do more investment in bitcoin because the current price is still too much attractive for investment.

people is expecting to skyrocket because it's the month of the year its going to end, the time where bitcoin sky rocket, yeah we know the reason why you want to invest more to it, because of the return is where you can make alot even banks wont be able to do it, dont put all of your investment into bitcoin pour some into stocks you dont want to lose all right?.
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September 06, 2018, 02:29:41 PM
 #70

I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet.
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September 07, 2018, 01:41:54 AM
 #71

Better if the question will be when will bearish will stop? Because it did not stop and come back again but the bearish market is just still in effect at this moment. Hopefully it will be over soon because if the bullish market will not start them i'm afraid many will leave this investment in dismay.

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September 07, 2018, 07:47:42 AM
 #72

Better if the question will be when will bearish will stop? Because it did not stop and come back again but the bearish market is just still in effect at this moment. Hopefully it will be over soon because if the bullish market will not start them i'm afraid many will leave this investment in dismay.
  Its a huge disappoinment to all investor if bitcoin price will decline more, many of us expect that bitcoin will reach the highest peak before to end of this month ,but it seems not to happen based on the current risky scenarios. Thus, we still have 4 months to acquire and fullfill the satisfaction amount of the asset.

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September 07, 2018, 07:58:03 AM
 #73

The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?

The current situation looks very despair no confidence in the market at all. And now we are looking forward to the catalyst of CBOE's ETF in late September other than that situation is quite worst. So yes we may see some spike in the prices in the mid-September and then a slump again if ETF is extended again which is more likely to happen.
It is a normal thing to see less confidence in a bearish situation of the market. What is obvious right now is that people are so much focused on the fake pumps and prices we are used to than putting more of their focus on seeing bitcoin hit mainstream adoption as a result of its development and real life usage as currency. However, in the speculative nature of things, I guess most traders and investors are simply just trying to play things safe rather than hopping too fast into the market.

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Protonem
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September 07, 2018, 08:45:03 AM
 #74

When Bitcoin starts to rise and reaching $7,000 it feels very heavy and slow movement, but when price are starting going to fall, breaking  support $7,000 and $6,000 are seems to be easily. If you want prices having skyrocketing again, then those who whales hold Bitcoin in big amount don't manipulated the market, so we can together makes Bitcoin can reach a minimum of $10k by the end of this year, otherwise bearish will remain a trend.

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September 08, 2018, 10:35:45 AM
 #75

I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet.
I really do not know the market talking about growth and bullish trend that he is referring to. This is still the bear's market and people are failing to realize that.

It is not about creating FUD, it is just something that is simple and plain. The demand so far sucks, and this is because of the mindset people have over just getting rich overnight, and with less concern of the major benefit they stand to gain in making use of it for transactions, and hence, has increased the speculative nature of the market.

As far as I can see, this market is not done with the downtrend, and there could still be lower lows to come.


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manismanja
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September 08, 2018, 10:45:08 AM
 #76

I don't think that will happen again and maybe this has begun to enter conditions for price increases or recovery in bitcoin prices.

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September 08, 2018, 11:15:35 AM
 #77

I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet.
I really do not know the market talking about growth and bullish trend that he is referring to. This is still the bear's market and people are failing to realize that.

It is not about creating FUD, it is just something that is simple and plain. The demand so far sucks, and this is because of the mindset people have over just getting rich overnight, and with less concern of the major benefit they stand to gain in making use of it for transactions, and hence, has increased the speculative nature of the market.

As far as I can see, this market is not done with the downtrend, and there could still be lower lows to come.

Hopefully you're wrong. Though it seems that going close to the 5k level is also quite farfetched right now since btc is showing resiliency amidst this bear market. I personally think we've already bottomed at 5.8k this year

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September 08, 2018, 11:30:50 AM
 #78

the price of bitcoin is dumping, looks like it's hard to increase high for bitcoin, but I still believe the potential of bitcoin it will skyrocket soon before end of this year.
We couldn't lift such possibility but I think it never do skyrocket this year. We only have little chances of having an uptrend motion in the 3rd quarter and yet, we are still drowning hard. It could our trust and faith into crypto help bring things alive.

Jacklowo
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September 08, 2018, 11:54:48 AM
 #79

the price of bitcoin is dumping, looks like it's hard to increase high for bitcoin, but I still believe the potential of bitcoin it will skyrocket soon before end of this year.
We couldn't lift such possibility but I think it never do skyrocket this year. We only have little chances of having an uptrend motion in the 3rd quarter and yet, we are still drowning hard. It could our trust and faith into crypto help bring things alive.
So there isn't any chance of the bitcoin price increase but we can expect the price decrease as the Miners also need money to mine bitcoin for paying electricity bills so they could have to take a hit in selling the coins at a
low price.

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September 10, 2018, 07:39:39 AM
 #80

The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
For prices to skyrocket, I don't think it will be in the current year, and my prediction of the market will continue to be bearish until the end of the year is only a slight surge and again decline.
I hope this will be a gap for investors to buy coin coins at this declining price, and start not to sell because everyone wants next year there is a market change to bullrun and not to continue to be bearish
Obviously, no realistic person will expect a huge spike this year and even if we do, it would not be to start imprinting a new ATH with the likelihood of not even reaching the previous ATH before the end of the year.

So far, the market is still trying to hold up but getting a lot weak as it keeps thriving to move upward. What is important now is to see how the market is going to be like in coming days and how the bulls are able to bring out a good statement towards participation in the market for smart moneys.
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