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Author Topic: Current Market state  (Read 14235 times)
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May 26, 2019, 04:08:02 AM
 #181

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

That is so true.

No one will know what will happen, it might be unpredictable but there are a lot of people out there making guesses or prediction and some of them are right. There are known investors too that did the same, right now the most common is BTC reaching the price of $100K in 2020, we don't know if that is right but all I know is that with the volatility of BTC, that is not impossible.
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May 26, 2019, 01:34:30 PM
 #182

There are known investors too that did the same, right now the most common is BTC reaching the price of $100K in 2020, we don't know if that is right but all I know is that with the volatility of BTC, that is not impossible

This is not impossible, of course

But without solid and widespread adoption such prices won't be sustainable. How long did the price stay at or close to 20k? Not for a very long time by any measure. And you can be dead certain that it won't stay any longer at 100k (if it ever comes to that in the first place). That is not to say the price will never go above 100k, it just means that the volatility at such prices will be hitting simply insane levels, and not just in absolute values (which is kinda obvious) but also in relative terms (i.e. in percentages). We had already been there

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May 26, 2019, 04:22:19 PM
 #183

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

Yes, it's pretty vague. However, according to the current market trends, it can be concluded that the market will continue to grow, the question is how much and when we will face the next correction. I think that the whole of 2019 will be a year of slow but steady growth.

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May 26, 2019, 04:48:59 PM
 #184

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

We can still predict the market based upon the support and resistance levels. If market remain stable on 8000$ for few days, we can see bitcoin testing the 9K target. I am not sure will the bitcoin will have enough volume at that time to break this heavy resistance or may get rejected.
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May 26, 2019, 10:24:56 PM
 #185

The state of the market is looking pretty good. Bitcoin has finally surpassed the $8k really well. As at the time of writing this bitcoin is going for 8.7k and if this movement keeps going, we could be heading to a great bull run. Although, I am still not too optimistic about how the market would go up,  but I do believe this current movement is a great sign for a huge bull run. Fingers crossed!
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May 26, 2019, 11:02:12 PM
 #186

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

Yes, it's pretty vague. However, according to the current market trends, it can be concluded that the market will continue to grow, the question is how much and when we will face the next correction. I think that the whole of 2019 will be a year of slow but steady growth.
The market is always unpredictable that's why we have to follow some trend to speculate the next price in the market. This year will be a very slow processing growth of price until the next halving starts and that's how we will be going to see the price going to the moon.

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May 26, 2019, 11:22:37 PM
 #187

Well surprisingly the state of the market right now is almost in a good situation it takes a while before going back when suddenly a downward show. But we don't need to be panic because I believe that cryptos right now are going to its pinnacle.
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May 27, 2019, 01:36:07 AM
 #188

Current market conditions have increased after a long period of decline at the end of last year. With the current changes, it is hoped that the individual and community trust in crypto currency technology will grow so that it will increase the value of the crypto currency itself.
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May 27, 2019, 11:10:19 AM
 #189

Well surprisingly the state of the market right now is almost in a good situation it takes a while before going back when suddenly a downward show. But we don't need to be panic because I believe that cryptos right now are going to its pinnacle.
People would not panic if the price will back up easily, we've see it dump actually from 7800 to sub $6K and yet people still have the trust, so the price back up again, and now we see another run which almost breach the $9000 price, maybe it's time to stop doubting bitcoin and be more optimistic this year.

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May 27, 2019, 12:44:15 PM
 #190

Current market conditions have increased after a long period of decline at the end of last year. With the current changes, it is hoped that the individual and community trust in crypto currency technology will grow so that it will increase the value of the crypto currency itself.
True, the current situation is far better than in 2018, at this time prices have increased very well, and hope that by 2020 prices will increase, because that year Bitcoin will experience halving.
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May 27, 2019, 03:56:12 PM
 #191


Now in the bitcoin speculative market, several bitcoin movements are taking place, and they are positive in nature, that is, they are beginning to rise, even though they are in a clear stage of accumulation.

It may be that this bitcoin rise stage is taking place because the introduction of the BAKKT is being a total success for the market, as the entry of new investors is generating that people buy more bitcoin as possible.

If we review the market, we realize that it is going up due to massive purchases, that is why it is not currently correcting the bitcoin, it may generate new stages of bitcoin lateralisations, but that a possible correction is somewhat difficult in these moments due to that amount of operations that are being generated.

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May 28, 2019, 10:46:28 PM
 #192

Current market conditions have increased after a long period of decline at the end of last year. With the current changes, it is hoped that the individual and community trust in crypto currency technology will grow so that it will increase the value of the crypto currency itself.
True, the current situation is far better than in 2018, at this time prices have increased very well, and hope that by 2020 prices will increase, because that year Bitcoin will experience halving.
Better than 2018 but I am sure it will be better than 2017 was well, this year we are expecting huge increase in price, more investors are attracting towards the market which made so many positive changes in price of our investment, so current market situation is on the way to become good for all new and old investors, but till 2020 we will have to hold with patience.

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June 02, 2019, 07:38:46 AM
 #193

There are recent and upcoming developments related to cryptocurrencies that may affect the market positively and this is one of the reasons why some coins like bitcoin, litecoin and ethereum are going up. The return of investor's confidence might also boosted the price because there is a report that institutional investors are returning. The result is better cryptocurrency market this year compared to bearish 2018.
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June 02, 2019, 07:51:36 AM
 #194

Buy trend sell news is too common in this market, glad to see the market gain momentum over the past few weeks, BTC just squeezing up the big range and bring all the alts back to track, not necessary the most fishy way but there's some space for project owners to keep their development, adoption track going. Many projects had already have good partnership setup, like ripple or trading futures. Still its better to be speculative and invest coins that would be relevant

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June 02, 2019, 08:20:50 AM
 #195

Buy trend sell news is too common in this market
Its not common because even me myself didnt know this strategy before . whats the real common strategy is buy low sell high because everyone recognize it  .  however many of us still hardly follow this simply method because on cryptocurrency there is no way to tell if the coin already reach its bottom and highest price  .  

But anyways , the current market state if cryptos is not really bad at all  . bitcoins value is still recovering after a major decrease recently and other alts are now increasing  .
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June 02, 2019, 11:33:30 AM
 #196

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
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June 02, 2019, 02:41:10 PM
 #197

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
But, the price of Bitcoin fluctuates. In the wide sense falls happen doesn't imply that you lose your money. You still have the same amount of BTC You possibly lose if you intend to sale just because the price is falling. I have the same feeling though this market will go more straight forward.
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June 02, 2019, 04:20:53 PM
 #198

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
This is correct, I think that right now there is no opportunity for corrections, I think that now they will be with possible bullish rally, because the introduction of the BAKKT has brought many investors and buy bitcoins regardless of the price, since the volume has gone growing remarkably.

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June 03, 2019, 01:44:28 PM
 #199

Well, the current market situation is quite unpredictable, you can't tell what would happen next. Bitcoin has made remarkable progress over the past few weeks now the price is quite stable for the past few days.

The whole picture looks bright as no falls happen (at least remarkable decreases) for the last 2 months. Cryptocurrencies are climbing up since April 2019. I can guess that it will continue for long, at least 4-6 months more.
This is correct, I think that right now there is no opportunity for corrections, I think that now they will be with possible bullish rally, because the introduction of the BAKKT has brought many investors and buy bitcoins regardless of the price, since the volume has gone growing remarkably.

I think market is stable for some more weeks and than again another rally. I hope this will lead Btc to pass 9000 and Eth to pass 300.
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June 03, 2019, 01:54:39 PM
 #200

We seen a confused market state in today's situation because the market condition may be going to upper direction suddenly that's why everyone try to invest in it and the value also increasing so we can make our Prophet easily when investing now in our future that is the opportunity giving time
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