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Author Topic: Settled at ~$6400 for now?  (Read 722 times)
livingfree
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September 22, 2018, 08:53:10 AM
 #61

but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!
Just the basics and by learning how the market works for someone that's new can be used to survive.

Wisdom and experience are needed but for someone who's rushing and only see the good side of this market won't be able to survive. We had to adopt the bad sides as well like those swings that we see. Bitcoin reached $6,700 and will have some dips again which can make it $6,500 - $6,600 which potentially would be the support.

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September 25, 2018, 12:08:14 PM
Merited by el kaka22 (1)
 #62

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.
The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.
Yeah seems like this, the price has stuck in this price. Just few hundreds ups and down but there is no big change in the price. I also wonder why the price is not increasing and why this bearish market situation is not changing in good one. Different people think differently about the future price of bitcoin. Some says the coming days will be good for bitcoin and other say that it will fall more.
The price is not stuck anywhere, we are only experiencing the market this way because the bears and the bulls are trying to see who wins the fight at the end of it all.

We saw the quick move downwards in a short while and then a quick bounce which I would call rejection by the bulls and a very strong rejection for that matter, but unable to have the power to go further, at least not just yet. As long as we are still below $7k, then nothing is guaranteed at the moment.
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September 25, 2018, 12:46:52 PM
 #63

but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!

Very good because we don't know how much the price of Bitcoin is going to stop next year. Everything we have to wait and see, how far the price of Bitcoin will reach, now Bitcoin market settled at the price of 6400$ which seems to be bearish but when the market starts recovering we can expect there is huge growth in term of Bitcoin price.
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September 25, 2018, 01:42:09 PM
 #64

For now, BTC at a price level of $6k+ is very attractive to institutional investors and big players in trading world. The longer it stays at this level, the higher its price would be by the end of year 2018. Patience is a virtue in this game, also, equip yourself with knowledge and strategy in dealing with the negativities to deserve profit gain in the future.
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September 25, 2018, 05:53:44 PM
 #65

but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!

Very good because we don't know how much the price of Bitcoin is going to stop next year. Everything we have to wait and see, how far the price of Bitcoin will reach, now Bitcoin market settled at the price of 6400$ which seems to be bearish but when the market starts recovering we can expect there is huge growth in term of Bitcoin price.

Well we've seem spikes to 7 or 8k in a short time so who knows. Currently the price just dropped a couple of hundred dollars and people are saying that it may very well go to 5.5k. Honestly i have little care anymore lol.

 
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el kaka22
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September 26, 2018, 12:43:30 PM
Merited by Sengoko (1)
 #66

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.
The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.
Yeah seems like this, the price has stuck in this price. Just few hundreds ups and down but there is no big change in the price. I also wonder why the price is not increasing and why this bearish market situation is not changing in good one. Different people think differently about the future price of bitcoin. Some says the coming days will be good for bitcoin and other say that it will fall more.
The price is not stuck anywhere, we are only experiencing the market this way because the bears and the bulls are trying to see who wins the fight at the end of it all.

We saw the quick move downwards in a short while and then a quick bounce which I would call rejection by the bulls and a very strong rejection for that matter, but unable to have the power to go further, at least not just yet. As long as we are still below $7k, then nothing is guaranteed at the moment.
I do not think people have even given up yet, and whales surely know that as they would tend to want to shake it down to the point where even those who have been stylishly holding on will just see no hope anymore since they do not understand why they should be investing in the first place which should be for the future.

We surely are getting pretty close, but it is a thing of the mind and psychology and the whales sure know how to play it well. We might see some little uptrend before the end of the year, but that is when they strike again, make people want to pull out faster, and with that, we get to see the market moving down fast as even those who have been holding all these while lose hope, and then consolidation, and then recovery.

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September 30, 2018, 05:40:06 PM
 #67

but expect the unexpected

This 100%. Very important wisdom for anyone involved in crypto!

In short, we can say that all of this market is based on the forecast, which is basically the speculations, and other people predictions. So the market always moves as it wants and no one know whet will be happening in the future. And the only thing that we can do is to expect something unexpected, did i understand correctly?

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September 30, 2018, 07:09:37 PM
 #68

We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.
Obviously we are! What most people are seeing is the end of last year and I would not blame those that joined FOMO since they are so much in debt at the moment. I will only blame them for not finding understanding and gaining enough knowledge first to be an investor.

As far as I am concerned, and over the years, we have been increasing in price year in year out and for now, we certainly just have to live with the short downtrend in between and be patient enough. It is just that patience a lot of those who joined FOMO will not have and they are the main target of the whales here by getting them to bail out.
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September 30, 2018, 07:30:48 PM
 #69

Goldman Sachs.

CBOE proposal.

BlackRock ETF.

Rolls Royce Dealership accepting Bitcoins.

September has and will be seeing a lot.

I can feel the heat. The bulls are coming. Something is gonna happen before December for sure.

Be strong.


I think that more and more players will enter this market. The price will definitely start to grow. The market becomes green. I think that the tactics of last winter may be repeated.




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