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maydna
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May 12, 2019, 11:27:11 AM |
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According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
I don't make an analysis related to the market. I only watch the price slowly to increase, and suddenly, I see a few pumps of bitcoin price that makes the price can increase higher. There are many possibilities for bitcoin to continue to rise and unfortunately, I don't search from the news in out there because I only check on the market itself which could give me a sign to see the price increase. We will see $8000 soon, and I guess that we can see it in the next week if everything runs like this. The trend still go up, the line still on the progress to reach the higher price, everything seems to work fine, and that will make the price could break the higher price in the next weeks, I hope. But I see that we have a chance to see the price will make correction in the market because usually after the price reaches the higher price, the trend will go down for a moment and then back to increase again. |
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Vektrum
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Activity: 420
Merit: 14
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May 12, 2019, 03:42:01 PM |
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Bitcoin should have started to grow long ago, judging by the amount of positive news, so it’s not clear to me why the price increase did not start earlier. Now there is an opportunity to buy Bitcoin before it has soared to its price highs.
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LimLims
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May 12, 2019, 03:53:38 PM |
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According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
Yes, the dreams are true now, I mean Bitcoin's price is increasing. So if you guys do not know, what affect the price, then it's simple. It's just us for which the Bitcoin price is increasing. Bitcoin follows supply and demand policy. I mean if the trading volume will be more then the price will increase. Hope you understands it. |
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Rustamm
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Activity: 532
Merit: 18
Bitcoin lover!
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May 12, 2019, 04:54:53 PM |
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If you look at 2017, when the price of Bitcoin for 45 days soared from $6 thousand to $20 thousand, now it’s quite a normal price increase. By the way, this time there is a chance to see the price of Bitcoin above $20 thousand, so now there is an opportunity to buy more Bitcoin and wait for higher price marks than now.
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abs350
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May 12, 2019, 06:09:01 PM |
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If you look at 2017, when the price of Bitcoin for 45 days soared from $6 thousand to $20 thousand, now it’s quite a normal price increase. By the way, this time there is a chance to see the price of Bitcoin above $20 thousand, so now there is an opportunity to buy more Bitcoin and wait for higher price marks than now.
After the Bitcoin price falls below $ 4,000, I’m sure that we won’t see even $ 15,000 this year. It will be only in 2020. |
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Ahab_Hunter_of_BearWhale
Member
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Activity: 137
Merit: 11
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May 12, 2019, 06:31:18 PM |
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There was a recent interesting statistic from Tommy Lee, that most of BTC's yearly growth in the past has occured over just 10 days. Of course this doesn't mean such a trend will continue, but it may at least for a cycle or two more. Quick google search of Tommy Lee should pull it up.
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candra raditya
Copper Member
Newbie
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Activity: 455
Merit: 0
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May 12, 2019, 09:03:21 PM |
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The investors have again adopted bitcoin, and soon we will watch the bull run. Before bitcoin steps on to a higher price, there are still opportunities to buy.
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btc_angela
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May 13, 2019, 03:48:21 AM |
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The investors have again adopted bitcoin, and soon we will watch the bull run. Before bitcoin steps on to a higher price, there are still opportunities to buy.
What do you mean? bitcoin has always been adopted by investors, that's why it remain the dominant coins so far. We just have a correction, after always going berserk in the last 24 hours, it slowed down and settling around $7k, still a good price though, no need to worry, just a healthy pullback. |
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Moiyah
Member
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Activity: 630
Merit: 20
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May 13, 2019, 05:06:17 AM |
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Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.
Yeah, It seem's like the FUD didn't get into the Bitcoin investors this time. Maybe we are just immune to those negative news and didn't really care too much right now . Most of us are now watching as the price continue to slowly climb up. In fact, the FUD never works all the time. Look at the market now. It booms! Regardless of the different fud circulating, this only indicates that investors are really used to it and did not get affected. I think there is a positive news regarding btc that is why it increases and pump up high to $7,500. The indicators are telling that it will continue to bull run and that is so great for an investor like me who waited this to happen. |
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BlackPanda
Legendary
Offline
Activity: 1414
Merit: 1001
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May 13, 2019, 05:25:01 AM |
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The investors have again adopted bitcoin, and soon we will watch the bull run. Before bitcoin steps on to a higher price, there are still opportunities to buy.
What do you mean? bitcoin has always been adopted by investors, that's why it remain the dominant coins so far. We just have a correction, after always going berserk in the last 24 hours, it slowed down and settling around $7k, still a good price though, no need to worry, just a healthy pullback. Bitcoin is still on a good track, so the possibility of developing Bitcoin price increases will increase. This situation must be maximized as best we can. We must be able to follow the path so that we can get a chance to make a profit. |
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Cherylstar86
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May 13, 2019, 05:28:31 AM |
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The investors have again adopted bitcoin, and soon we will watch the bull run. Before bitcoin steps on to a higher price, there are still opportunities to buy.
What do you mean? bitcoin has always been adopted by investors, that's why it remain the dominant coins so far. We just have a correction, after always going berserk in the last 24 hours, it slowed down and settling around $7k, still a good price though, no need to worry, just a healthy pullback. A healthy pullback indeed, after the market undergo from long bearishness we can now speculate a bountiful progression will continue to arise, because we are witnessing a gradual pump of bitcoin and hopefully it will continue to exceed exclusively profitable. Lately, bitcoin arised immensely and started to reach the desirable peak. |
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TopT3ns
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May 13, 2019, 05:49:13 AM |
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According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
Honestly, i am regret because i already sold my little amount of bitcoin less than price now. Don't know what exactly in USD but 20% less than this current price. And now inot do anything except wait to earn money again. That is ok to sell, I guess you make some money already. Wait for some retracement and see if you can afford to buy. It doesn't need to be like 1 bitcoin. Just small portion will do and accumulate as much as you can and then just hold into it. That's why those early bagholders did in the days so just be patience and purchase when there is an opportunity again. That is why i am regret. Because i use it for urgent thing. And only in a few days bitcoin price get pumped. But i think it is ok because i already grateful and sell on profit price point and at least not loss in trading. |
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Psynthax
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May 13, 2019, 07:30:06 AM |
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Bitcoin should have started to grow long ago, judging by the amount of positive news, so it’s not clear to me why the price increase did not start earlier. Now there is an opportunity to buy Bitcoin before it has soared to its price highs.
But the stable coin was preventing bitcoin to grow. this time people realized if stable coin is a crap thing. Remember the increase of bitcoin can't be created by the news but that needs a lot of support. This time the stable coin market has already fallen and the demand was moving towards bitcoin and that created the latest FOMO that gives a big pump to the bitcoin. Buy when it was getting correction and always remember that. |
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bitcoin31
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May 13, 2019, 10:13:37 AM |
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For now the price of the bitcoin increase very high but I don't know the real reason for that maybe there is a lot of people invest second time.
But after bitcoin increased we need to take care the market now so the bitcoin will not down fast because we know bitcoin can decreased very fast too.
People will decide if the market increased more or it will stop increased if they are contented to the money they get.
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Indrawan77
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May 13, 2019, 11:06:45 AM |
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Yeah it suddenly rising so fast, its too fast in my opinion, usually when rise that fast there will be huge correction, I think this rising because more investors invest the fund there are no major news or something big that trigger the rise, so the correction maybe could be big, need to be more careful to invest
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Kemarit
Legendary
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Activity: 3262
Merit: 1386
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May 13, 2019, 02:03:56 PM |
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For now the price of the bitcoin increase very high but I don't know the real reason for that maybe there is a lot of people invest second time.
What do you expect? The price has been going up prior, as early as February and the pump continues up to $7500 or something. So obviously the only reason is that people doesn't want to miss the boat. But after bitcoin increased we need to take care the market now so the bitcoin will not down fast because we know bitcoin can decreased very fast too.
People will decide if the market increased more or it will stop increased if they are contented to the money they get.
That's how it is, if you don't know how to invest, then you will be rekt. Although experience is a better teacher, but sometimes you need to listen to other's as well and used our common sense. |
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Naida_BR
Member
Offline
Activity: 980
Merit: 62
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May 13, 2019, 06:45:14 PM |
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Who would predict some days ago that bitcoin is going to go for an uptrend like this one that we are experiencing right now?
I think that if this trend will continue, we are going to reach 10.000 until the end of May, causing another bull market and who knows it can reach a new all time high.
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okala
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May 13, 2019, 07:25:34 PM |
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No one have been able to link this recent price rise to any event and since the cryptocurrency market is always volatile and at that it hard to predict what is truly responsible for this rise, but we are all happy that the market have been turn green after a long period of market crash and continue red chart for the past one and half year now.
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2chase
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May 13, 2019, 08:00:35 PM |
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I think that the reason why bitcoin so quickly and dramatically grew lies in the fact that at the end of last year it was deliberately lowered by several thousand dollars, and now that the task of accumulating bitcoins by whales has already been completed, it is returned to its optimal price.
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Pattart
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May 14, 2019, 04:34:20 AM |
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Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.
Yeah, It seem's like the FUD didn't get into the Bitcoin investors this time. Maybe we are just immune to those negative news and didn't really care too much right now . Most of us are now watching as the price continue to slowly climb up. I think panic for buying is far stronger than fear because of binance got hack. I was surprised when the bincance was hacked, the price went up. when the upward trend has occurred, it will be difficult to contain it. whatever the negative news come, it will be difficult to make price stop to rise, because the positive trend has made many people sure to buy more, and prices rises very fast, soon will touch $8k |
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