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Author Topic: Bitcoin is difficult to rise above the price of $ 4000??  (Read 18743 times)
Herbert2020
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April 01, 2019, 06:33:20 AM
 #121

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.
We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is  an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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April 01, 2019, 06:51:24 AM
 #122

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.
We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is  an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.
Infact many people will sell a lot of their bitcoin when the price rises more than $4000. thats why bitcoin will find it difficult to rise
above that price, because there will always be a big wall (big supply) that keep hold the price of bitcoin to rise..
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April 01, 2019, 12:23:31 PM
 #123

at $ 4,000 there is a strong level, probably the price will go down. If the price breaks $ 4000, then we will wait for it at $ 6000.
We already try to break this level and yet we are still dumping. Right now we are on $4k level and still there is no enogh volume to break it. Well, i know this second quarter the chance of breaking this level is very high so let’s be patience on this and help the market to survive.

"dumping"?!!!
what chart are you looking at, and are you sure it is for "bitcoin" price for today? price is not moving that much and if it has any kind of movement it is  an upward one. so maybe you don't know the meaning of "dumping".
besides breaking a resistance like this is not going to happen this soon and it has nothing to do with volume since the volume is still huge.
Infact many people will sell a lot of their bitcoin when the price rises more than $4000. thats why bitcoin will find it difficult to rise
above that price, because there will always be a big wall (big supply) that keep hold the price of bitcoin to rise..

In Poloniex, there is a big wall at $4108 in the buy order for 32 bitcoin to hold the price for not going down and in the above price, there are many small bitcoin amounts placed in the order. So it means, the price could stay at that $4108 if the price does not move or the price will increase higher because the chart showing the trend is still going to go up.

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2chase
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April 01, 2019, 08:02:28 PM
 #124

The bitcoin market is totally controlled by large whales, it always has been and will be. Now bitcoin for quite a long time trying to overcome the mark of $ 4,300, if this happens then the chances that he will start to fall in price will tend to zero. But I would not be surprised if something else happens.
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April 01, 2019, 10:33:17 PM
 #125

The bitcoin market is totally controlled by large whales, it always has been and will be. Now bitcoin for quite a long time trying to overcome the mark of $ 4,300, if this happens then the chances that he will start to fall in price will tend to zero. But I would not be surprised if something else happens.
Let's make it more realistic, there's no such thing as zero chance, what's your basis or TA on this if you care to share?
BTC when breaking it's resistance then we will see a good increase, could be a rapid one, but we should not erase the possibility that it could dump after a pump.

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