Good news for bitcoin holders, after falling price now Bitcoin Surges above 12%

[MadeinCoin]

It was happend several times during this year after uptrend there was slightly decrease for the price and some of people consider this is not more than corrections price because after that the price can bounce back and i do agree with the post above me i think that was good time to bought more bitcoin

When high bitcoin volatility is followed by bullish market conditions, surely there will be a name for breathing conditions, where this condition the movement will pause to go down then continue the increase to the point of resistance. The pattern is certain to occur in bullish and bearish market conditions, there will be market breathing conditions. And when that's the right time to buy.

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[LeGaulois]

I think it will find its base around $9000 plus before moving higher. Frankly speaking that movement upwards for few days was damn suspicious of manipulation. All in all the whales are playing their games.

Maybe you are dreaming, this is hardly going down to 9k, it will continue to 15k USD. overnight hike was incredible and the next thing you know in the morning is definitely it will be increasing for 10 percent, and we can't manipulate that, the whales will have a hard time manipulating it.

Bitcoin failed from $20,000 as low as $3200. And you think it can't do it again with $10,000? In fact, we actually have more chance to see BTC decreasing (day by day) than jumping to $15,000 as you suggest. Not saying it's impossible, but the other side has more chance than your scenario.

I remember, in January, when a lot of us were saying the market won't be exciting in 2019, and we will have multiple big ups and bigs downs, but nothing impressive at the end. Well, this is what we get right now.

[adzino]

The short fall of the price was probably due to some whale cashing out his profit and then buying back whatever he sold at a lower rate. Thus the price dropped suddenly. This sudden price drop also made an opportunity for people who were "missing out" to invest on bitcoin at lower rate. The recovery was real quick. Hope to see the price staying stable at this point for few weeks before we see it growing again.

[hahahafr]

It has never been a mistake investing and holding bitcoin because it is one of the few cryptocurrencies that you are sure of its increase in price even after a huge market crash. Currently bitcoin has started rising again and i am glad i never fell for the cheap FUD being spread around. I am still holding my bitcoins.

[jakelyson]

I think it will find its base around $9000 plus before moving higher. Frankly speaking that movement upwards for few days was damn suspicious of manipulation. All in all the whales are playing their games.

It is not all manipulation. It is bound to happen. The sudden surge of price to 13K is a sign that it is ripe for profit-taking. The sudden dump is just a result of traders and holders taking their profit.

Corrections are not trends. Corrections are way more like chances to buy/sell the coins on a good price.

Alas not everyone here understands trend and correction. They see the price move at a certain direction for a few days and declares it a trend.

[pooya87]

I think it will find its base around $9000 plus before moving higher. Frankly speaking that movement upwards for few days was damn suspicious of manipulation. All in all the whales are playing their games.

Maybe you are dreaming, this is hardly going down to 9k, it will continue to 15k USD. overnight hike was incredible and the next thing you know in the morning is definitely it will be increasing for 10 percent, and we can't manipulate that, the whales will have a hard time manipulating it.

Bitcoin failed from $20,000 as low as $3200. And you think it can't do it again with $10,000? In fact, we actually have more chance to see BTC decreasing (day by day) than jumping to $15,000 as you suggest. Not saying it's impossible, but the other side has more chance than your scenario.

I remember, in January, when a lot of us were saying the market won't be exciting in 2019, and we will have multiple big ups and bigs downs, but nothing impressive at the end. Well, this is what we get right now.

you are right that there is always a chance that price starts falling, even fall down to zero. after all bitcoin is still a small experiment that has not even reached mass adoption. but to say it has "more chance" of going down,... i don't think so. the trend has already changed. and you can't compare the fall from the ATH aka bubble at $20k  with any fall that we might have today as today we are in the reversal of that drop that lasted more than a year.

[Prateek_sharma]

After the bearish trend, Bitcoin (BTC) is trying to gain back the momentum from the recent low of $9,657.

On June 3rd, the bitcoin price has gained more than 12% of its value in recent 24 hours, which is the best result out of top-20 coins.

According to 7-day chart, BTC is still down nearly 8% as the market is rocked by high volatility.

So, the price of Bitcoin changed and you think that people who are interested in the price of Bitcoin here on bitcointalk don't know?

yes, of course, some people aren't aware!

[arpon11]

After the bearish trend, Bitcoin (BTC) is trying to gain back the momentum from the recent low of $9,657.

On June 3rd, the bitcoin price has gained more than 12% of its value in recent 24 hours, which is the best result out of top-20 coins.

According to 7-day chart, BTC is still down nearly 8% as the market is rocked by high volatility.

I see many people trying to create panic on twitter about the recent market re-set. Some even said "bitcoin is heading to $5000", I was happy watching Bitcoin recover from $9800 back to $10,800 the day before yesterday and it has kept growing and as at this morning, bitcoin is bidding around $11876. It is really a great gain for those that were able to enter around $9800. I also believe that bitcoin is recovering and we are going to see bitcoin above $15,000 very soon.

[JohnnyMoore]

I love it!!!!!!
My BTC is climbing as predicted...

BUT my BHY has also steady gains which is equally tremendous!
That's because Bitcoin Hyper is built to Power your everyday transactions fast!!

[adaseb]

Bitcoin had these crazy 30-40% dips back in 2017 also. Each 30% dip people assumed that they missed selling the top and it just kept going higher and higher and higher until the $20K dip which wasn't actually a dip and was a correction.

So in hindsight it seemed easy to sell the top at $14K and buy back at $10K but in reality you could never tell that the $10K would actually hold.

These patterns will keep repeating until eventually we hit some top (it can even be $14K) and eventually the cycle will repeat with the bear market and BTC will calm its volatility.

[leea-1334]

Some of people get nervous for that surprise drops of bitcoin but if really know how bitcoin moves sure you just stay calm and relax because it's either people sell their bitcoin because first day of the month people needs miney to pays obligations. Or maybe because have a little bit corrections for bitcoin price therefore we need to be brave and believe bitcoin goes get in again to hit 20,000$ this year 2019.

Some people? The channels I am in,,, the majority of people are panicking every time price drops not even 10% but 5% drops they will run in and ask, what is happening? Should I sell now or wait? And of course,,, 1 or 2 people are in there saying to calm down and wait, so far we know who was always been the right one to say!

[Kakmakr]

Do not get fooled by the Bear traps and the Whales trying to cash in more profits. They know how to manipulate the price and how to trigger a small correction after they have stocked up on some new coins. Each of the 10% corrections equals a heck of a profit for them, because they just buy a small amount of coins and then sell them for a 10%+ profit in a few days.  

The Bitcoin market is small enough for whales to trigger small spikes and dips with relative small amounts of coins or cash. You just need to spot the strategy early and also capitalize on the outcome.  

[chaien]

Current bitcoin has increased by more than $ 9000, only after a few days

[aad140386]

I am a little surprised by the fact that Bitcoin continues to grow much faster than altcoins. I thought that the bull trend would be similar to the previous one in this plan and the altcoins will grow faster than Bitcoin. Especially such cryptocurrencies as ETH, EOS, ADA. But it seems I was wrong. It is possible that this bullish trend will be more relevant to Bitcoin than to other cryptocurrencies. The only thing that worries me is that bitcoin is growing too fast. I would not want to repeat the events of 2018.

[slaman29]

On a day not far from the price of bitcoin can reach $ 50,000 as the public opinion mentioned. With the current price of $ 11,300 as well as a 7% increase at the present time, I think holding bitcoin is a good thing to do

Public opinion says $50,000? Don't you think that the public opinion really doesn't matter when it comes to Bitcoin price? Remember, when Bitcoin first came out, the public all thought it was a scam. And now the public all think they can profit of it. The only time the public matters for bitcoin is when they all start using it. Holding isn't going to help it very much at all.

[Artemis3]

On a day not far from the price of bitcoin can reach $ 50,000 as the public opinion mentioned. With the current price of $ 11,300 as well as a 7% increase at the present time, I think holding bitcoin is a good thing to do

Public opinion says $50,000? Don't you think that the public opinion really doesn't matter when it comes to Bitcoin price? Remember, when Bitcoin first came out, the public all thought it was a scam. And now the public all think they can profit of it. The only time the public matters for bitcoin is when they all start using it. Holding isn't going to help it very much at all.

Yes i remember that sentience clearly on /. back then, and for that reason i didn't pay it any attention when i had some money i could have invested in it... Now i will lament for the rest of my life not doing so. No matter how much bitcoin climbs, its bound to climb less and less with time.

20k is just 10k twice. Same gain as going from 1 to 2, or 100 to 200...

[Slow death]

What I worry about is a very distinct difference between the growth in 2019 and back in 2017... Back then, as Bitcoin was growing, altcoins were thriving as well.

altcoins are falling a lot

let's look at ETH that is struggling to stay above 0.025 btc and if it can not keep up 0.025 btc I'm afraid it's going to fall a lot, but on the ETH ANN Thread there's have big optimism ( Something that I do not understand ). The same can be said of Neo that reached $160 when the price of bitcoin was $ 19,000, but currently the price of Neo is $17 and the price of bitcoin is $11700. This is the case to say that most people are giving up of altcoins

Nothing to be excited.

the price increased from $3300 to $13700, that's something to get excited

Current bitcoin has increased by more than $ 9000, only after a few days

why are you crying?

[bounty.cvn]

After the bearish trend, Bitcoin (BTC) is trying to gain back the momentum from the recent low of $9,657.

On June 3rd, the bitcoin price has gained more than 12% of its value in recent 24 hours, which is the best result out of top-20 coins.

According to 7-day chart, BTC is still down nearly 8% as the market is rocked by high volatility.

So, the price of Bitcoin changed and you think that people who are interested in the price of Bitcoin here on bitcointalk don't know?

I think he posted a meaningless status. Everyone who participates in this forum knows that

[1BTC EQUALS 1CAR]

After the bearish trend, Bitcoin (BTC) is trying to gain back the momentum from the recent low of $9,657.

On June 3rd, the bitcoin price has gained more than 12% of its value in recent 24 hours, which is the best result out of top-20 coins.

According to 7-day chart, BTC is still down nearly 8% as the market is rocked by high volatility.

Isn't that very amazing? This just proves how strong the bull market that we have right now. I'm sure that those panic sellers made an exit instantly when btc touched $9k. And the good news is that we have many more months to push the price before the end of the year and another astounding all time high when Libra lauches their coin.

[Wallflower28]

After the bearish trend, Bitcoin (BTC) is trying to gain back the momentum from the recent low of $9,657.

On June 3rd, the bitcoin price has gained more than 12% of its value in recent 24 hours, which is the best result out of top-20 coins.

According to 7-day chart, BTC is still down nearly 8% as the market is rocked by high volatility.

So, the price of Bitcoin changed and you think that people who are interested in the price of Bitcoin here on bitcointalk don't know?

Definitely, agree! Bitcoin fluctuated most of the time. And as of now, I know that many bitcointalk members are aware of what currently happening in bitcoin. In fact, some of us here are always looking at the chart of bitcoin. And this small detail is observing not just by wall streets but also by bitcointalk members.
In addition, some of us are inferring in July bitcoin price.