Bitcoin Continues to Consolidate As Volatility Reaches Lows of 2018

[PsylockReborn]

Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?

https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018

I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

[St4yInTh3D4rk]

Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?

https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018

I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

I don't much interested about the fourth quarter of this year because I believe that there will be nothing new is going to happen in the remaining days of this year but I hope this is the flat market days expected to have more investors when it has enough stability on the prices for a while now at that time the bull run will begin and will go for another new all time high and the cycle will keep repeat N number of times.

[Marcel555]

The market is uncertain and unpredictable. But there has been nothing in the past few weeks to suggest that the market would recover in the final quarter of the year.
This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.

[Coyster]

I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.

I do not think so,there are no signs of the bullish market whatsoever,and even if there is,its just been hopeful speculations right from the beginning of this year till now,honestly I doubt if we'll experience what we did last year, hopefully 2019 will be better of

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

It's obvious bitcoin hasn't even fulfilled half of its potential,so there is absolutely no reason whatsoever to give up on the system,the market remains what it is and that is highly unpredictable and highly volatile,every crypto enthusiast should always know this,make predictions and invest wisely

[tomahawk9]

I think the last quarter will exhibit a bullish market.

We're still lacking that something that could trigger a shift in market sentiment. Perhaps we could see some upward movement if the bulls decide it's time for another btc rally, if there's enough momentum then maybe we'll enter a bullish market, but that's just speculation because as of now there's nothing that could make the market turn bullish, at least not in the short-term.

If anything it looks like this bear market could last until 2019, not that I'm complaining since I'd rather see a long period of stagnation than seeing the prices go further down.

[rodalutor]

The low volatility is a confusing one. It's positive one one hand because it may show that less people are willing to sell at current prices but it could also be negative because it might show less people are willing to buy at current prices. Consolidation is definitely happening and there seems to be little left in the way of panic selling or dumping now. If larger groups are trying to control the market you'd have to think they'll start trying to move it upwards sooner rather than later.

[Bytem3]

I think we will need to wait after the new year to see some serious Bitcoin price movements upwards...

[PsylockReborn]

I don't much interested about the fourth quarter of this year because I believe that there will be nothing new is going to happen in the remaining days of this year but I hope this is the flat market days expected to have more investors when it has enough stability on the prices for a while now at that time the bull run will begin and will go for another new all time high and the cycle will keep repeat N number of times.

A lot of things can happen in 90 days. Maybe history will repeat itself? The unexpected bull just like what happened last year December.

The market is uncertain and unpredictable. But there has been nothing in the past few weeks to suggest that the market would recover in the final quarter of the year.
This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.

ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.
 

[coinwizard_]

A reduction in volatility is the key to bitcoin success. The ETF would never allow a pump and dump coin to pass their regulation and retailers won't accept it either. 2019 will the year for mass adoption

[yesyoupump]

BTC is the crypto refuge in the bearish moments but it is fast forget once bulls start running!

[avikz]

Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?

https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018

I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

I can't really deny the fact that the market is indeed showing signs for consolidation and stability. However, it is too early to say that it will continue for a longer period of time, because the crypto market is still on its base building phase. We can't really consider the crypto market as an old market because it is just 10 years old.

So at this point of time, one must not consider the market as a stable one even if it is showing some signs of it. Blockchain as a technology, is very new and the world is yet to undersrand it's full potential. We have only leveraged a minor percent of it!

Even though I personally believe that the crypto market will be recovered to some certain extent before the year ends. But that is completely based on my own intuition and experience.

We usually see such kind of stability in price of an equity before it takes a leap. But the same formula may not stand true for cryptos and we may see the reverse or vice versa. So I just keep my faith on bitcoin and the technology for the time being!

[carrieM]

i think it has pros and cons . its too early to predict something

[Diced90]

I think I agree with what this thread is suggesting that Bitcoin is on its way to greater prices since all its been about recently is consolidation around the 6,500$ mark. Its time to step it up if there is going to be another bull run this year.

[pooya87]

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

the consolidation was a pretty interesting thing so far. we have reached the bottom at $6k and then stayed there for quite a long time and despite all the drama and the small rise and falls, price is pretty much the same. i would say we are going to see the rise start soon but i still don't think it will be a big FOMO buy rise to the moon yet!

ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.

it is not just that, it is also the fact that SEC rejected so many of  them and has postponed a lot more that people stop caring about what will be their decision about bitcoin. at some point people were mostly interested because they thought ETF will be the savior which will make the price rise and make them rich. they give up on that too.

[dothebeats]

Perhaps a higher base price at the end of the year is what really matters at this point. Right now, there are no indicators that we will be having a bullish movement on the last quarter of this year, though it's never too late to keep the hope down already since we know how fast everything changes in crypto. I just wouldn't be counting on it too much knowing that it's not always time for profit and it's just a year after the last ATH and the market needs to accumulate first.

[St4yInTh3D4rk]

I don't much interested about the fourth quarter of this year because I believe that there will be nothing new is going to happen in the remaining days of this year but I hope this is the flat market days expected to have more investors when it has enough stability on the prices for a while now at that time the bull run will begin and will go for another new all time high and the cycle will keep repeat N number of times.

A lot of things can happen in 90 days. Maybe history will repeat itself? The unexpected bull just like what happened last year December.

Don't expect to happen again and again because 2017 was one of the great year for the cryptos and much more positive news about cryptos were spreading at the time but now everything is in opposite for it,even the bitcointalk has less traffic.

The market is uncertain and unpredictable. But there has been nothing in the past few weeks to suggest that the market would recover in the final quarter of the year.
This period in the year usually leads to market pumps but with pending decision regarding bitcoin ETF and increased restrictions in some countries this year might be different.

ETF decision won't affect bitcoin value that much. There are still lots of die hard bitcoin supporters lurking in the shadows who believes in the technology. The bitcoin community won't just let bitcoin go down the drain cos of ETF decision being turned down.

ETF decision will have affect tho,but it will be just temporary since as you said there are lot of bitcoin supporters holding it since the bear market began.

[Pursuer]

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

it is very possible that we keep on seeing the same trend of consolidation continue until the end of the year. as I always say, in this market sometimes what people expect out of the market will become the very same thing that happens. this year despite all the evidence people continued comparing this bear market with the bear market back in 2014 and expected it to be a long one so much that eventually it became long and this expectation is currently keeping them from coming back to the market and investing, they are mainly waiting for some sort of signal to start buying.

[hasmukh_rawal]

There were a lot of positive news in the market last year which lead to a bullish market. The sudden price surge grabbed many investors' attention and this lead to a further increase in price making a bubble which when popped, took away many with it. The dump was necessary for bitcoin's price to become stable. Now that the price has become stable, we can expect BTC to grow steadily.

[qiwoman2]

I don't trust the news outlets that spew a lot of garbage out to make us think and act in one way, while the market makers go the opposite way. When they say the market is bullish it means the whales are ready to put in a lot of shorts on Bitfinex and trash the CMC right down 20 Billion or so and all the little fish start to capitulate. I DO believe though that the technology is here to stay and mass adoption and investment form larger Entities, corporations, Institutions, and retail investors are all going to come in over the next three years or so. When the next bull run though will come, Only the Insiders know that. For now, if you have spare FIAT just load up on Bitcoin and some other solid projects while the prices are still low. If I had spare funds, that's what I would be doing right now.

[nicster551]

Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different?

https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018

I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market.

Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys?

This is totally the bottom. I think it won't further go down than this and would anytime to be in a bullish trend. But if it really goes down then maybe there would be a huge problem.