Where next? Preparing the ground for the big players!

[eann014]

Think positive it will be going up! if you think always negative then your vibes will also be going to be negative, being a positive person can make our aura better than to stressing out ourselves by thinking of the market will going to down. Just like the amount of bitcoin right now, I am sure it will rise very soon again just like last year so the market will be going up also. 

[Jahmal32]

Think positive it will be going up! if you think always negative then your vibes will also be going to be negative, being a positive person can make our aura better than to stressing out ourselves by thinking of the market will going to down. Just like the amount of bitcoin right now, I am sure it will rise very soon again just like last year so the market will be going up also. 

Yes, I'm not particularly going into the news, for me more technical analysis indicator. And news this is so, would still they influence have! And here, too, is true, if you think that the market will soon unfold, it will seem that it is happening.

[Altero]

Think positive it will be going up! if you think always negative then your vibes will also be going to be negative, being a positive person can make our aura better than to stressing out ourselves by thinking of the market will going to down. Just like the amount of bitcoin right now, I am sure it will rise very soon again just like last year so the market will be going up also. 

Even though there is no market scenarios similar to what we have last year but it surely our market will recover soon,  maybe we could see it in the last quarter of the this year.  We just need to keep trusting and be positive, it won't help us if we all in nega side.

[Osarman]

6500$ is the resistant point of Bitcoin. The chart shows us bitcoin is stable now. I think it's in the recovery progress.  Maybe it'll come back soon. We should wait for that.

Nothing is certain yet, we are still in a bearish wedge and the chances of seeing us break out from it is really not there unless we get to see the bulls make a strong attempt and break out from it.

For now, I really would not want to put so much of my attention on things that are not that relevant at the moment and better still, just find a way to watch the way the trends will be behaving in coming days. As long as we can see more possibilities of a quick dump than an up rise in the market, that is something one needs to be wary of.

[Ganbound]

With all the positive article you shared, the market is still the same in terms of it's movement. In other words, those positive news does not have any positive feedback as of now but maybe someday it will.

Right, it won't take off in a second.
[/quote]
To observe the market these days I can say that the price of bitcoin will remain the same till the end of this year. 2019 is unpredictable but there are no chances for bitcoin price to grow in this year. People said that 2018 will be the year of bitcoin but I say in opposite sense that bitcoin 2018 is of course the year of bitcoin but the worst. I have never seen this situation before.

[Hiltohen]

I have always thought that even if Bitcoin can't introduce ETF, it can still develop well, but if ETF succeeds, then the market will grow faster!

ETF created problems for bitcoin and I think ETF is the cause for lower price of bitcoin. Due to low price and decreasing price of bitcoin most people are now converting their money to Altcoin because they think and I also admit that Altcoin possess more potential than bitcoin . Why one should lose his money or waste his time in bitcoin? They are happy in Altcoin.

[Noa_Amable]

I have always thought that even if Bitcoin can't introduce ETF, it can still develop well, but if ETF succeeds, then the market will grow faster!

ETF created problems for bitcoin and I think ETF is the cause for lower price of bitcoin. Due to low price and decreasing price of bitcoin most people are now converting their money to Altcoin because they think and I also admit that Altcoin possess more potential than bitcoin . Why one should lose his money or waste his time in bitcoin? They are happy in Altcoin.

right, some purchase altcoins for btc though we must keep in mind that btc is a market mover, so once btc starts a rally, all the rest will follow

[fibrolit]

I have been on the cryptocurrency market for more than 5 years.During this time,I reread a large number of news and research sites dedicated to cryptocurrencies,considered a huge number of forecasts. I can say with confidence that the forecasts are absolutely different and about 60-70% of them do not come true. I ask you to take this information into account when planning your transactions after considering the current forecasts.I expect bitcoin to grow from mid-October.

[Evil eye]

Start of this year, once a time we seen the price was 19000$ near. But now market price line is 7000$. The down time is over, very soon price will up again and market  get come back his own color. For this we shall wait last time of running this year.

[Itcher]

the presence of such an event as the ETF of many people just brought to the fact that everything depends on it and do not give attention to other important aspects as a technical component

[jonatuzc]

In my opinion, this year will be a good time for us to start trading, as the price of the coins is always going down in the good times for us to buy and wait, and then the market will rise. No one can drop much

I do not know and even the whole world is not ready to say something about the price will go up or down in the upcoming days. I will discuss the previous market price movement of Bitcoin which was around 6500 US dollar few days ago but it decreased to 6200 US dollar price but when I checked the price today it has increased a little so these ups and downs happen according to the market factors.

[Jahmal32]

In my opinion, this year will be a good time for us to start trading, as the price of the coins is always going down in the good times for us to buy and wait, and then the market will rise. No one can drop much

I do not know and even the whole world is not ready to say something about the price will go up or down in the upcoming days. I will discuss the previous market price movement of Bitcoin which was around 6500 US dollar few days ago but it decreased to 6200 US dollar price but when I checked the price today it has increased a little so these ups and downs happen according to the market factors.

Yes, we should have expected that there will be a small rollback, technically the tool worked at 100%, and we will now see the pedaling to the levels of 61.8 Fibonacci, since the level is a reversal.By the way, we are already there! In the future, I see a return to the level of 38.2.

[yansen]

We are approaching an important event, ETF applications will be considered at the end of September.
Next, we have a more positive news background: Mike Novograts said that the market finally passed the "bottom" - https://forklog.com/izvestnyj-bitkoin-investor-obyavil-chto-dno-projdeno/
Then the American holding Morgan Stanley intends to launch a new tool – bitcoin swaps, and so on! - https://forklog.com/bank-morgan-stanley-gotovit-k-zapusku-bitkoin-svopy/

We all also look forward to the bitcoin ETF review process. It will take place on September 30, but recently the SEC postponed consideration of applications from new York companies Vanek and Solid, due to lack of data from interested in the approval of people.

From the point of view of technical analysis, we begin to shrink in a triangle, the probability of breaking in the direction opposite to the expected is equally equal, despite the positive news.

Updated schedule


Sortovye positions has fallen to levels 28435$


I would like to hear the opinion of more experienced traders, what are the possible layouts, what is the probability of breaking the lower boundary of the triangle.

is the direction of bitcoin only determined by ETF / SEC? I don't think, when ETFs are rejected, panic selling will occur and big sales can be seen. but I think buying opportunities from whales are great, and after all backing out of trading, they will make big pumps. I believe it. the analysis will show the upward direction on the next candle.

[SaltedCrypto]

it will still be bear market this year. Expect bull next year

[Jahmal32]

We are approaching an important event, ETF applications will be considered at the end of September.
Next, we have a more positive news background: Mike Novograts said that the market finally passed the "bottom" - https://forklog.com/izvestnyj-bitkoin-investor-obyavil-chto-dno-projdeno/
Then the American holding Morgan Stanley intends to launch a new tool – bitcoin swaps, and so on! - https://forklog.com/bank-morgan-stanley-gotovit-k-zapusku-bitkoin-svopy/

We all also look forward to the bitcoin ETF review process. It will take place on September 30, but recently the SEC postponed consideration of applications from new York companies Vanek and Solid, due to lack of data from interested in the approval of people.

From the point of view of technical analysis, we begin to shrink in a triangle, the probability of breaking in the direction opposite to the expected is equally equal, despite the positive news.

Updated schedule


Sortovye positions has fallen to levels 28435$


I would like to hear the opinion of more experienced traders, what are the possible layouts, what is the probability of breaking the lower boundary of the triangle.

is the direction of bitcoin only determined by ETF / SEC? I don't think, when ETFs are rejected, panic selling will occur and big sales can be seen. but I think buying opportunities from whales are great, and after all backing out of trading, they will make big pumps. I believe it. the analysis will show the upward direction on the next candle.

Well we have the opportunity to go for 5300-5500, just disapproval of the SEC will lead to additional motivation to sell that's all!

[danherbias07]

I didnt know that it looked like this when seen in a graph positioned from a long time summary. 

I do think it was at a deep dump already. I am still considering the facts that was told to me that its way is only up.
I dont share it much for it could be a disaster so I am trying it just for me by now.
If it really occurs then it might be a good way up.

We have been long staying with the 6k-7k mark. Maybe it is time for it to stroke up again.

[Jahmal32]

Well. Today is probably the most cheerful morning for many months. Market is super green. Is increasing. The cue ball made a stunning rise and exit from the triangle, as we discussed earlier here. What awaits us next? And then apparently you need to start to gain a foothold! And further let us look what are the next goal!

[apityeh71]

Last year Bitcoin can go to the $20k without any news of Bitcoin ETF, so from the technical analysis I can predict the price of Bitcoin will going up to the $20k again in a few month, even will surpass that level price in next 1 year.

[alexyong342]

its gonna be combination of human psychology and technical tools that u use

dont blindly follow the crowd, also nobody knows the future but this space will surely grow over long run

https://www.altcoinsidekick.com/blog/machine-gun-preacher

[rickadone]

its gonna be combination of human psychology and technical tools that u use

But I do believe it doesn't depend on anything, it will go up for sure. Why do I know bitcoin will go up ?

Because, I know it won't go down any further than this thanks to our miner friends who provide with a certain low number they won't sell to and the price is already barely there so it means there is only one way to go, up. If it doesn't go down it means it will either sit here still or go up, now the options were go up or down so I couldn't select it will stay the same so I have to go with it will go up.

This is really logical if you think about it, the price is not going down at all and yes the price may stay still for a long time but in the end it will have to move somewhere and it won't be down so it will definetly be up. This is why I am trying to collect as many bitcoins as I can so when the price goes up I will be ready.