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Author Topic: Bitcoin is going up again.  (Read 696 times)
talkbitcoin
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May 10, 2019, 08:47:04 AM
 #21

it is impossible to see a pullback at this point to that magnitude without any major negative reason. the biggest thing that happened was a $40 million dollar hack that happened 2 days ago and it didn't even have a tiny negative effect on the price and despite that price continued rising and went above $5000.
so you can only imagine what kind of negative news we need that is bigger than what we already had to bring price down that much as that weird clickbait article was suggesting.

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May 10, 2019, 06:19:54 PM
 #22

I recently noticed this dramatically change of price of bitcoin this 2019. It looks like bitcoin will mark another in the history of cryptocurrency. I think there's a lot of people who holds their btc now  and its very lucky for them. As the article said, there are two possibilities that might come up this 2019 and obviously it will rise up.

source of the article

It is completely valid to think that bitcoin will continue to grow in price, in fact, it is very good, new investors begin to appear, more believers in technology, enthusiasts build many more castles in the air and traditional economies begin to visualize themselves as very lack of progress.

From these points of view they are great, if we take into account what a market speculator thinks, it is totally different, they think differently, a way that has nothing to do with technology, nor with development, the main market speculators they see the bitcoin as the way they can become enriched little by little with the market movements that occur, that is, they do not care if the bitcoin or the market in general is bullish or is on the downside, they will always operate in the sense that the market goes. Many people think that technology is everything, that it can not go down, and no, everything is possible in crypto, anything, what is least expected can happen.
 
There are many investors who look at the characteristics and base their studies on the fundamental analysis to determine if their investment is viable in the long term, and when they decide to invest they are able to wait years, because they know or have the conviction that benefits will be generated.

But to think that the fact of continuing to increase until we get to $ 20ko more, I still think not, because we can not rule out that the Market Makers are putting bullish traps, we must not forget that these strategies come from much earlier, from the 1800s -1900, which according to Wyckoff are usually made, to capture people who want to sell at different levels of supply, this is very common, so, for now the best thing to do is observe the market and try to react, important movements will be given, according to it, you can make trading decisions and whether or not to enter the market, this is basically what some books teach, because it is easy to enter a market gambling, the bad is when you lose money by leaving carry emotions, as Jesse Livermore says.

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May 10, 2019, 07:28:26 PM
 #23

it is impossible to see a pullback at this point to that magnitude without any major negative reason. the biggest thing that happened was a $40 million dollar hack that happened 2 days ago and it didn't even have a tiny negative effect on the price and despite that price continued rising and went above $5000.
so you can only imagine what kind of negative news we need that is bigger than what we already had to bring price down that much as that weird clickbait article was suggesting.
What I am noticing is 5% growth on bitcoin prices every 24 hours and it stopped only at the time of binance hack but after that it again continues which is great thing for the holders.

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May 10, 2019, 07:34:45 PM
 #24

Seems current price of btc $6.3K+(coinbase rate). It has been noticed that bitcoin current growth is healthy enough and price likely going to breakout $6.5K recently. Who know if btc is going to repeat 2017 trned. If btc stable on current price above $6K zone then obviously we could expect another bull run. I wouldn't call it as a bull trap since others Altcoins are bleeding hard. Expecting breakout from $6K zone and if its happen then we can say we are on bull run.

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May 10, 2019, 07:36:21 PM
 #25

Yes the development will been continuously happening especially when seeing the recent few days the development is little higher than the previous time so I think ok if it was continuously happen at the end of this year reaching a huge amount will be very easy for the Bitcoin and I am hoping it for the end of this year.
Now it is indeed what you say that the development of bitcoin is very encouraging because of its higher and better movements, and I believe that the movement will match that of 2017, because the move towards a good enough direction has been seen now, and allows later this year bitcoin has succeeded again.
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May 11, 2019, 02:38:36 AM
 #26

I recently noticed this dramatically change of price of bitcoin this 2019. It looks like bitcoin will mark another in the history of cryptocurrency. I think there's a lot of people who holds their btc now  and its very lucky for them. As the article said, there are two possibilities that might come up this 2019 and obviously it will rise up.

source of the article

Many bet that bitcoin goes up, I think it is time for the market to emerge a better bullish way, but we must take into account that now many aspects must be considered, that the market obeys practically the phase that is, that is, in a accumulation phase the most advisable is to buy and hold, as investors do, is a term that many can take, but not all have the time and money of investors.

Therefore most speculators always try to make new market strategies to try to make profits, if they follow some of the many strategies by speculators that have existed well known, you can take advantage and make good quality trading.

I think bitcoin has a very good momentum, I do not think that market speculators want to lower the price, because the market volumes have increased and the capitlizacion while rising becomes more interesting.

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May 11, 2019, 08:25:47 AM
 #27

If btc stable on current price above $6K zone then obviously we could expect another bull run.
Hello. We have been in a bull run for over a month now. Are you sleeping?

I wouldn't call it as a bull trap since others Altcoins are bleeding hard.
Well, altcoins aren't really bleeding. It's just their BTC ratio that keeps going down because people find their BTC too precious to exchange for whatever altcoin. If you look at the USD rates of most altcoins, they are either slightly up or just stagnant. Altcoins for once have an actual utility other than being a speculative pump and dump tool, which is serving as stablecoin.  Cheesy

For people having bought altcoins with BTC it must hurt, but for those trading altcoins against the USD are fine, probably just annoyed that they aren't pumping too.
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May 11, 2019, 08:43:16 AM
 #28

I recently noticed this dramatically change of price of bitcoin this 2019. It looks like bitcoin will mark another in the history of cryptocurrency. I think there's a lot of people who holds their btc now  and its very lucky for them. As the article said, there are two possibilities that might come up this 2019 and obviously it will rise up.

source of the article
Don't sell it at this time. Increasing the price of Bitcoin is still very possible to happen so all we have to do is wait with the right calculation. I see this situation as an opportunity, so when we can be patient well we will be able to achieve even more benefits. Take this opportunity and do not let us experience regret.
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May 11, 2019, 08:48:14 AM
 #29

Seems current price of btc $6.3K+(coinbase rate). It has been noticed that bitcoin current growth is healthy enough and price likely going to breakout $6.5K recently. Who know if btc is going to repeat 2017 trned. If btc stable on current price above $6K zone then obviously we could expect another bull run. I wouldn't call it as a bull trap since others Altcoins are bleeding hard. Expecting breakout from $6K zone and if its happen then we can say we are on bull run.
I strongly agree with your opinion that currently Bitcoin is in a very good growth after breaking more than $ 6K. it is not impossible if repetition like 2017 will happen this year. if at the end of this month bitcoin continues to experience symptoms of movement again, it is certain that this will happen.
Things will be positive since most of the people around this market believes that the cycle is currently moving positively, the uptrend is not ending after surpassing $6k level it will move forward and try to rise higher, 2017 if everything will continue will be reached or much better.
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May 11, 2019, 10:24:45 AM
 #30

I recently noticed this dramatically change of price of bitcoin this 2019. It looks like bitcoin will mark another in the history of cryptocurrency. I think there's a lot of people who holds their btc now  and its very lucky for them. As the article said, there are two possibilities that might come up this 2019 and obviously it will rise up.

source of the article
Those are the old analysis of the price of bitcoin but the fidelity market may add more value to the bitcoin instantly caused by it has a very big volume. The market of bitcoin grows instantly right and as i predicted and i have bought a lot of bitcoin when it has reached the bottom. I glad to keep all of my bitcoin safe in my wallet.
$6500 looks real next month.
I think we don't really need to wait till next month we are already at $6,169 today.
And if it continue to grow we could reach $6,500 in just a few days or weeks.
Let's just hope that this trend would continue even if it is slow it is still a great progress.

I don’t count this move as a slow one again, it just barely touch $6k not long and within 3 days, it climbed above $6200, bitcoin is really an unpredictable coin, it’s performance recently is quite an exciting one. If we continue on this journey this way and we are able to sustain it, then bitcoin might really hit $7000 by the end of the year.

This year, bitcoin seems to always be one step ahead of the prediction, I could remember vividly that lots of people predicted the price of $6k for June, but the value was marked a month earlier, now that people predicted $8000 for July, probably history will repeat itself again.
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May 11, 2019, 10:51:41 AM
 #31

Seems current price of btc $6.3K+(coinbase rate). It has been noticed that bitcoin current growth is healthy enough and price likely going to breakout $6.5K recently. Who know if btc is going to repeat 2017 trned. If btc stable on current price above $6K zone then obviously we could expect another bull run. I wouldn't call it as a bull trap since others Altcoins are bleeding hard. Expecting breakout from $6K zone and if its happen then we can say we are on bull run.
I strongly agree with your opinion that currently Bitcoin is in a very good growth after breaking more than $ 6K. it is not impossible if repetition like 2017 will happen this year. if at the end of this month bitcoin continues to experience symptoms of movement again, it is certain that this will happen.
Things will be positive since most of the people around this market believes that the cycle is currently moving positively, the uptrend is not ending after surpassing $6k level it will move forward and try to rise higher, 2017 if everything will continue will be reached or much better.

 You're positivity mate will encourage and engage people not to lost hope for having a massive bull for the near future of this year. I am confident and optimism that bitcoin's value will continue to exceed beyond the desirable peak, as the current market phase has progressing gradually and break out $6k. And maybe now is the starting line for $8k heading up.
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May 11, 2019, 11:06:33 AM
 #32

Bitcoins price pump is the most trending topic today, yesterday the price is stable @ 6000$ and now bitcoin is almost 7000$, i think this pump wont end till next year, hoping for new ath this year.

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May 11, 2019, 11:59:17 AM
 #33

Bitcoins price pump is the most trending topic today, yesterday the price is stable @ 6000$ and now bitcoin is almost 7000$, i think this pump wont end till next year, hoping for new ath this year.
Yes, it's really nice to see the rise in Bitcoin prices today, I hope this is the first step in increasing more than BItcoin, because when prices are pumped up, prices will continue to increase, hopefully

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May 11, 2019, 12:36:01 PM
 #34

Bitcoins price pump is the most trending topic today, yesterday the price is stable @ 6000$ and now bitcoin is almost 7000$, i think this pump wont end till next year, hoping for new ath this year.
How we wish that this pump will end up til next year. There will be some slips and dips but since we're going through halving by next year, yes this pump could go even a bit of longer until next year.



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May 11, 2019, 01:36:41 PM
 #35

I have been among the people that are optimistic that bitcoin will really rise this year, although I was not expecting the bull run, I only expect to see a green market all through the year that will keep increasing the prices of bitcoin slowly till probably we get up to $12k, but the new move of bitcoin now has been quite confusing to me.

It seems to me that it is already trying to form a BULLISH pattern, I am being very careful now not to FOMO, it is a bit quite tempting though to quickly jump, but I will still and be patient to watch things first, I never expected bitcoin to have crossed over $6000 so soon.
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May 11, 2019, 01:59:01 PM
 #36

I have been among the people that are optimistic that bitcoin will really rise this year, although I was not expecting the bull run,

i see that you are one of the bitcoin enthusiast but its strange that you dont expect for a bull while all of us are always expecting that bitcoin will have a bull every single year  .

new move of bitcoin now has been quite confusing to me . It seems to me that it is already trying to form a BULLISH pattern, I am being very careful now not to FOMO,

yes you are right that bitcoin seems to show a bullish sign but that is not confusing because the movement is straight without major downturns  .

Quote
it is a bit quite tempting though to quickly jump

yes it is and everyone is actually jumping because they dont want to get left behind  . who knows maybe this pump will not last a long time  .
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May 11, 2019, 03:29:15 PM
 #37

Bitcoin's growth continues and its pace so far exceeds all expectations. On the one hand, it’s very cool, but doubts do not leave me that someone very big rigidly manipulates the market. This year we will jump up and down more than once.

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May 11, 2019, 05:35:53 PM
 #38

This one is the big run.

Everyone waited for this to happen in all of 2018 but not only we have managed to keep going down all throughout the 2018 we also managed to see the all time low for that year move to this year as well. However, now we are once again above that bitcoin cash war, it was around 6.5 thousand dollars back in early November which everyone thought was the bottom and we wouldn't go any further down but Craig Wright sold thousands of coins which made bitcoin go even lower, now we are above the price before Craig sold his coins.

That means we are going to see it go back even further high with the resistance becoming less and less and the price going up becomes easier than ever. All we have to do is not take our profits and run but keep buying more to earn more.
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May 11, 2019, 08:34:57 PM
 #39

Yes is good that bitcoin goes up and this will help people who buy when was bull run to not lose hope and they will start again maybe to buy and also to hold for long. Is a good sign and this can be the start if bull run, but only time will tell.
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May 11, 2019, 11:46:33 PM
 #40

Bitcoin's growth continues and its pace so far exceeds all expectations. On the one hand, it’s very cool, but doubts do not leave me that someone very big rigidly manipulates the market. This year we will jump up and down more than once.

It will happen. Such big rises in short time don't come without people taking profits. I did that and smart people were slowly selling into the bullish trend. The worst thing that you can do as an investor is buy now after the price has moved by 2000 dollars in a matter of days.

I know that we are in a reversed trend and people are going crazy but it's better to take it slow instead of buying into the FOMO and regretting it later.
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