BTC is on Short term up trend?

[Rupcrypto]

I think that bitcoin is going to rise on short term up trend because if there is a fall in the market prices after some time it will recover soon
so may be it possible that btc is on short term trend.

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[btcluisdiki]

I am very optimistic that bitcoin will reach $7.5K within the weak and most likely will continue to further grow perhaps until the $8K mark. I believe that we should not be too much complacent about the slight bullish trend since we really don't know if fluctuation might recur within the given time.

[dirisu2018]

The truth is that the industry is volatile, highly unpredictable, that's why I am a fan of long time holding, short time or long time, Bitcoin has a bright future, but why kill yourself because the price nosedive, market might be bad today but it will flourish tmao

[Kemarit]

Bitcoin is already showing signs of growth. However, we are not yet certain because its doesn't look stable at all. We need to wait for the next couple of days to see if this growth is sustainable and not just a artificial pump. The next target mark is $7300, so its going to be interesting if we could breach that then transition growth can be seen specially we are not approaching September which may likely start a bullish trend leading up to the end of the year.

[nyn8920]

Its bit hard to say short term trend !! as a whole entire crypto market had a drop recently and there is a increasing trend developing !!!! I believe it will continue to grow !!

[Kuga_ZA]

Simply a short squeeze. All those shorters are buying back their positions before losing out any further.

[vnck25]

I think this is a consolidation period, and we won't see huge price increase in terms of BTC. I have seen people who are doing TA suggesting that BTC price will go down to around $3K and then jump back passing $20K. If this would happen that would be awesome, but I am not sure what the time scale is, that is how long will it take for it to happen.

[vucuong16101997]

Hello friend, do you think BTC is on Short term up trend? It break the price 6k5$ and go up to 7k$ so easy. I think shark is control the price to make us confuse.
On this situation I think the price can go up highest is 7k5$.
What do you think?

Hope this is true, it will be good for short term investors. I also believe that the value of BTC in a short time will be in that range.

[suzanne5223]

Hello friend, do you think BTC is on Short term up trend? It break the price 6k5$ and go up to 7k$ so easy. I think shark is control the price to make us confuse.
On this situation I think the price can go up highest is 7k5$.
What do you think?

It a 60/40% situation base on the fundamental prediction Bitcoin market usually surge when we about the cliche the Q4 of every each year while it dump in price when people are preparing for Christmas holiday till the next year which the reason why I said it a 60/40 situations.

[jrrsparkles]

Yes it looks like that and it also reached $7000 but later just fall beyond that hopefully this is just the small dump and the prices will move on in the upcoming days,if the trend continues for a month or more then the bitcoin will hit $10K soon.

[BlockchainGod]

I think it looks like a bull trap. Whales are trying to sell us expensive bitcoin now, I wouldn't buy for that price.

[BitcoinPanther]

The market remains unpredictable. All we can do is hope it does progressively goes up.

But either the prices are going down or up, remember that every situation in the crypto market is an oppportunity, so never be dismayed.

Buy when the market is down and sell when it is doing well.  There really is no time frame as we witnessed in the past few months. All the expected start of the bull run never materialized so far. And mind you, most of the analytical bullish run predictions that failed till date are made by the bitcoin experts and advocates.

Therefore i am sure of one thing, whether the trend goes up or down, make sure to invest only what is extra from your financial budget.

[Slash61]

It was very surprising to find a very short increase in a very short time, it could be a hoax like yesterday's incident where after pumping quickly and finally back down, there were many people who had disappeared in the short term at that time, I hope this incident is not exactly what happened yesterday, whatever happens I think to always use it to take short-term profits, always be careful in taking chances.

[indopool]

This is an advantage for short-term investors by buying and selling. facilitate them in generating profits. Looking back at the price of Bitcoin will return because last year may be a bit difficult because there are no signs of breakthrough. We need intelligence when the market changes.

[r32godzilla]

As we could see that bitcoin price is rising only for a short term and soon it falls back to its previous price.Many expected a long term uptrend if bitcoin ETF gets accepted.But it seems not to happen now.

[Chichitalent]

Hello friend, do you think BTC is on Short term up trend? It break the price 6k5$ and go up to 7k$ so easy. I think shark is control the price to make us confuse.
On this situation I think the price can go up highest is 7k5$.
What do you think?

Yes I think it will go up and then it will down last time before go up trend at the end of year but we need to follow it up

[max1616]

I stopped trading short-term until the end of the year..Because the market will probably start to rise in the last quarter of the year..I would prefer to do hodl as much as possible during this time.

[dangtrong33]

Its hard to say if its long term or short term. But by the looks of it, based on my opinion, i think this one is short term. Coz taking a look back the previous month, the rise and fall has been rampant. The resistance for the 7,000 has been broken but there has not been enpugh volume to sustain this and move forward to a higher target.

Yes, I hope that the exchange will be rise as soon as possible. Now I hold a variety of coin, the winter is coming and I need to take back my capital.

[pooya87]

As we could see that bitcoin price is rising only for a short term and soon it falls back to its previous price.Many expected a long term uptrend if bitcoin ETF gets accepted.But it seems not to happen now.

the rise is not starting now because people were expecting it from ETF. otherwise it would have already started. when most of the market starts expecting seething and then that thing doesn't happen and they react negatively that makes others also want to not-invest because of the risk the others are creating.
and it will continue being like this until ETF crap goes away.

[dangtrong33]

A warm smile ran through my face when I checked the charts last night and saw the rise in the price of bitcoin, I was really elated, but the sad thing is that I don't think it will last longer than some few days. Let's hope it stays long enough.

Bitcoin on Friday recovered more than 3 percent from its intraday low near $6,800. So as you see, it is time for recovery. I hope that we will see it as soon as possible.