Bitcoin is difficult to rise above the price of $ 4000??

[Meysa_richa]

it's true that bitcoin is indeed still very difficult to go up at a price of $ 4000 and I think that's because the market hasn't fully recovered.

[rodel caling]

Just for your info that on 24th February (last week) the bitcoin price almost touched $4200, unfortunately, its only survive one day.

This is true mate people surprise that's amount bitcoin touch at 4000& so still have possible bitcoin will rise at this year so we need to stay calm hard to told when  is the rigt time for the next price increase. More more waiting and patience.

[Oasisman]

What price is considered to be a recovery range? And more importantly, what is Bitcoin recovering from?

Imho it's more about a trend, not a price. And with the late rather "chaotic" changes of direction, we don't seem to have a healthy market.
What to recover from? This is a good question! I think that a good answer would be the almost continuous downtrend in the last 14 months.

I think the market remains healthy as long as the price keeps on moving whether up or down, since traders gain profit from its volatile nature. Not only because the price is too low compared from last year or from the ATH, the market isnt healthy. We're experiencing bearish run, not an unhealthy market.

[tomahawk9]

Is it because of the market that hasn't really recovered? or is there bad news?

Part of the recovery phase after going down so much from the ATH is a long period of consolidation and pretty much sideways movement, so you can say that the market is actually recovering even though there are no sharp upward movements. Also, a few days ago we went past the 4k mark, though I believe it was blatant manipulation from whales pumping the price, still, we reached that mark.

Bad news? There are no bad news, at least not that I'm aware of.

[BITSPANISH]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

The price of the Bitcoin in the cryptocurrency market is stable and not any sign to increase to more than $4,000. I think the trend of Bitcoin and cryptocurrency in 2019 disappear and now there are only the people who identify oneself with bitcointalk forum.

[finaleshot2016]

Don't speculate it, I know it's giving you a hard time because it's value today is very stable and not growing up. It will just depress you when everytime you're thinking about it.

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

The price of the Bitcoin in the cryptocurrency market is stable and not any sign to increase to more than $4,000. I think the trend of Bitcoin and cryptocurrency in 2019 disappear and now there are only the people who identify oneself with bitcointalk forum.

All of the projects and platform that's created after the pump in 2017 will become a fail 'cause they didn't expect the dramatic drop in 2018. Don't lose hope in the projects this mid 2018 to 2019 'cause i think it will give us goosebumps. Just wait, btc is more way overrated than you think so a lot of people is trying to invest. There's a lot of projects and crypto related activities that's a scam so some of it are just losing hope.

[Yamifoud]

We're not closing the gate yet, any possibilities for huge pumps will certainly to come.  We've reaching it in the past weeks but sadly it turns back into $3,800 few days after, I'm for sure people are expecting to be the start of the bull during that time but we missed it again.
There is nothing we can do for that, only we have to be patiently wait for another days to see Bitcoin price move again and bring crypto into bull runs cause it can't be made instantly.

[LogitechMouse]

There is one day that Bitcoin reached around $4100 but after a day of reaching above $4k mark, it goes down immediately by around $300-400.
I think there is somebody who is manipulating the price of it. Large investors maybe? I don't know but I know that we are in the wave 4 of the EWT and the price of it is above the 200 Weekly MA. Lets just wait for it to rise again.

[Distinctin]

There is one day that Bitcoin reached around $4100 but after a day of reaching above $4k mark, it goes down immediately by around $300-400.
I think there is somebody who is manipulating the price of it. Large investors maybe? I don't know but I know that we are in the wave 4 of the EWT and the price of it is above the 200 Weekly MA. Lets just wait for it to rise again.

I've never think there is market manipulations happen, any fluctuation came from market demand and it is quite to see that there is no such huge demand. Isn't that hypes which is used by some whales to move a certain coin, but the entire market were moving and definitely isn't the manipulated price index.

[Dudeperfect]

We have seen rapid price rally in the market during the last quarter of the year 2017. However, since it was the artificial effort of big whales and institutional investors, correction took place in the first quarter of the year 2018. I was expecting recovery after the second half of the year 2018 but somehow it is delayed but I am convinced that we won't see the much delay from this point and we can expect the price to move upwards with some volatile behaviour. This would be a nice opportunity for those who are willing to get involved with the momentum considering long term investment.

[Herbert2020]

first of all going from $3200 to $4100 and then coming back to $3700 is NOT called "dramatically down" it is called correction instead.

secondly that is normal in any market. price needs time to get out of the bear mode and enter the bull mode. you can not expect it to suddenly start rising back up and shoot to the ATH. it happens slow at first with lots of corrections like that and then as the day traders are flushed out of the market the price starts rallying.

nothing about this is "hard". it only needs time.

[AjithBtc]

At this instance it might be hard to cross the $4000 barrier, but the same will be crossed soon when the accumulation by the large volume holders get into the circulation. The growth that happens when price go above $4000 will take the price at least to $6000.

[LimLims]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

Actually the price of Bitcoin affects due to investments. When there will be more investments in the following crypto(bitcoin here) then there will be surely a raise in the price.
Moreover don't forget that Bitcoin once gave us all shock by rising up to 20k$ USD. So just tie up your seat belt and be ready, because the price is volatile and can any time rise up.

[YuginKadoya]

At this instance it might be hard to cross the $4000 barrier, but the same will be crossed soon when the accumulation by the large volume holders get into the circulation. The growth that happens when price go above $4000 will take the price at least to $6000.

The price of $6000 USD is highly unlikely not possible in my opinion, after the downfall of the price and now 2 to 3 days have passed we still have a less volatile movement that we are experiencing right now and I doubt that we can that certain price the end of this year, But there is a possibility that we can make the $4000 USD next month or  the end of March I say if the volume of the holders increase which is happening right now there is a possible increase in the price, But a sudden increase of $5000 to $6000 is not possible at all.

[bitbollo]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

bitcoin value seems follow the same cyclic economy.
probably there are not bad news, but this (like after every peak) it's just another time of quiet, before (?) another great and big pump.
I will not be surprised if the price will be under 5K for the next 2-3 years.

[vintages]

There is no bad news and I also personally believe that Bitcoin has recovered. We keep on saying that we expecting Bitcoin to recover but we are ignoring the fact that it price recovered when it hit $3k (I believe).
I guess what is keeping the price from increasing  are the day traders. The constant buying and reselling for few gains is somehow affecting the price.

[STT]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

Theres a weight when passing through previous prices, with sellers and buyers wanting to pass their hold onto the market which must then take on the supply of coins and rise anyway if higher price is to be the result.

Its not a negative for the price to hover like this, I would generally side with positive when it goes sideways.   I come from more then a few years back when price was in hundreds so every time I see people thinking this price is negative, its kinda funny  

It takes time to digest, dont take it too much at face value.   Every market in existence has various phases occurring, if you think of tides and all the factors behind every wave thats your natural analogy and pretty close to the chaos of prices


On a daily view we made a low in December and I would call it neutral to positive since that point.   The fact people are still not realising we are doing ok, for me marks us as quite positive.   I could post another chart but not every likes or is familiar with the formats.  I would mark 4500 as a 'gap window'   its the ledge to a bigger rise that I would guess is about 6000 as a proper ceiling.  

[jho0810]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

There's many things that will be a reason why we cannot still recover to this bear market. And one is the bad news and many fud news. If you really study about Cryptocurrency you will know how you handle your investment or funds in crypto.

[LUCKMCFLY]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

There's many things that will be a reason why we cannot still recover to this bear market. And one is the bad news and many fud news. If you really study about Cryptocurrency you will know how you handle your investment or funds in crypto.

The bad news has its purpose, make people feel panic and sell cheap, at that time, Strong Hands buys and prepares the currency to increase the price, that way the offer is tested and, in turn, has achieved a small bull, they use the news many times to do what they want strong hands.

[omonuyak]

I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

Bitcoin is trying to break a channel that has been established since December last year when big market players dumped it below $4000. This has created a resistance around $4255 and whenever it moves close there is that great resistance from the bear.  It will break the channel but it has to be during important news.