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Author Topic: Bitcoin is back  (Read 856 times)
Coinrush20 (OP)
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August 22, 2018, 01:12:14 AM
 #1

Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?

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August 22, 2018, 02:26:15 AM
 #2

this is the answer for anyone who complained and despaired yesterday.
bitcoin will come back, and the good news is bitcoin rises followed by other altcoins.
usually altcoin is red, it's fun.

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August 22, 2018, 03:24:59 AM
 #3

Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
Although Bitcoin has risen today, many are still skeptical about the pump as there is not any news that the BTC price will increase. I think tomorrow will be clearer as the SEC can accept ETF in this market and we can see a new future for the Cryptocurrency market. Right now we should hope for more and wait for SEC nod






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August 22, 2018, 04:23:14 AM
 #4

It is too early to say that bitcoin bear market has ended. Remember the huge rally in bitcoin from April to May? Everyone thought that the correction in bitcoin had ended but bitcoin broke below 6k briefly in August.

     

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August 22, 2018, 05:02:01 AM
 #5

Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?

$6750 to $6400? I think you have it the other way around.

Anyway, i do believe bitcoin is due for a pump soon simply because the next ETF decision is coming up. Just imagine what would happen if bitcoin ETF would get approved? I believe a lot of people will expect and bank on this again causing the value of bitcoin to rise right before the ETF announcement. What happens after the decision.. who knows!
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August 22, 2018, 05:17:29 AM
 #6


Hopefully, but I think Bitcoin is still in a stable position. And also some Trading channels that I followed have not issued the bitcoin trading analysis.
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August 22, 2018, 05:38:18 AM
 #7

maybe temporarily https://www.coingecko.com/en/coins/bitcoin
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August 22, 2018, 05:48:27 AM
 #8

Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
I have noticed also that when there's a sudden pump, we are all excited if this is the pull back from the bearish market that we're waiting. But its only likely a very pump and we have to wait a bit longer to confirm everything.

I've seen not much effect with the altcoins, all of them are green but no significant increase.

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August 22, 2018, 06:26:31 AM
 #9

Market is turning green again and i am hoping that it will last until the end of the year. Though not everyone is satisfy but atleast the market prove that it can be green anytime. To be honest even i is unconvinced about the status of the market but im hoping that this is the start of the market to recover  Cheesy
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August 22, 2018, 06:40:54 AM
 #10

Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
This is only a small step to success, we are on the verge of just need a little more patience to finally see all the charms of growth.

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August 22, 2018, 06:48:07 AM
 #11

Perhaps it's a bit premature to say that it's back just yet

If it can break through $7,000 and hold above that price level it may have a chance of appreciating further but there's a lot of pressure from short positions

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August 22, 2018, 07:42:19 AM
 #12

Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?

It does look quite promising, but it's only a small movement so far when compared with longer-term patterns. I don't think it's anything to get too excited about yet... but the patterns do suggest that price increases are coming, even if it's only a gradual rise.
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August 22, 2018, 07:51:03 AM
 #13

It is too early to say that bitcoin bear market has ended. Remember the huge rally in bitcoin from April to May? Everyone thought that the correction in bitcoin had ended but bitcoin broke below 6k briefly in August.
Only a little bump on the bitcoin price and it can't even be considered as a recovery because there was no any good news to support the fundamental of the recent pump on the bitcoin price. This just a little game sometimes it has been pumping a little bit and then it will be back again to the old rate.

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August 22, 2018, 07:51:46 AM
 #14

I don't think Bitcoin is coming back. I saw a rise today, and I think it will still rise in the next two weeks. But it will definitely fall again.
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August 22, 2018, 07:53:35 AM
 #15

For the moment the market is acting like a yo-yo. One day, it's red, the other day it's green. So, I don't think we can say that bitcoin is back. Tomorrow, who knows what will happen. Personnaly, I hold...until next year. And I won't sell anything in the next months.

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August 22, 2018, 08:19:58 AM
 #16

The price is changing, it never stands in place, I do not see anything strange in it, just invested a lot of investment. Now people who play short-term profits will sell and the price will fall.
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August 22, 2018, 08:22:10 AM
 #17

yes, now the price of bitcoin has started to rise, so I think this is also the right time to trade in the market, so we can also benefit.
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August 22, 2018, 08:36:00 AM
 #18

It is too early to say that bitcoin bear market has ended. Remember the huge rally in bitcoin from April to May? Everyone thought that the correction in bitcoin had ended but bitcoin broke below 6k briefly in August.
Only a little bump on the bitcoin price and it can't even be considered as a recovery because there was no any good news to support the fundamental of the recent pump on the bitcoin price. This just a little game sometimes it has been pumping a little bit and then it will be back again to the old rate.
Slowly rising and its seems that the current value is good for a while, though like what you have said there's no concrete basis if this action is another spark
for the bull to run inside the market, but most of the traders and investors loves to see pumped even its just a little some investors are preparing, buying some cheap coins and hold waiting for the next rise, patience and trust the network things will be bright again there's a chance that this small rise can be
the next barrier before making the big high.
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August 22, 2018, 08:41:31 AM
 #19

Dont get excited ,bitcoin is still struggling. I will only say bitcoin is back when it hit the 7400$ again. As long as bitcoin cant pass the 7000$ price its too early to celebrate.

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August 22, 2018, 08:44:27 AM
 #20

I am not trying to sound pessimistic, But the price will not continue to increase. It will go back to $6400. It has always been the same. It increases, then it decreases. I really am hoping to see a good pump, but not in this month or in September. The price probably will grow at the beginning of October until December. I really have high expectations of the price to rise to $20k at the end of this year. And when it does, I am going to sell some of my bitcoins.
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