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Author Topic: New High... For Everything. What'll happen next?  (Read 862 times)
Naida_BR
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July 08, 2019, 03:06:33 PM
 #61

The rising is a bit too fast so for sure there will be a correction, but we dont know how deep the price will fall down, and what price will be stabilise, but from the indicators and market situation there will be another rising soon, we just need to wait for the price to heal then btc is ready to jump again

The price was about to increase as it was stagnated for a lot of days around 10800.
The correction is inevitable as we are going to hit around 12k. I think that every new high level we are going to see a lot of people selling (and exiting the market apparently). Those guys maybe have entered the market when the price was near ATH so they want to recover losses now.
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July 08, 2019, 06:28:34 PM
 #62

The rising is a bit too fast so for sure there will be a correction, but we dont know how deep the price will fall down, and what price will be stabilise, but from the indicators and market situation there will be another rising soon, we just need to wait for the price to heal then btc is ready to jump again
The market has jumped over 3.5% today as we speak and we have seen everything in the past few months, recovery from the bottom after the crash and the rise was too fast for my liking as i was planning to invest more before the rise but it got out of my hand too and we have seen minor corrections in between and flash crashes, we are right now in a good price range and i will be happy to see this valuation till the rest of this year.
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July 08, 2019, 09:32:53 PM
 #63

The rising is a bit too fast so for sure there will be a correction, but we dont know how deep the price will fall down, and what price will be stabilise, but from the indicators and market situation there will be another rising soon, we just need to wait for the price to heal then btc is ready to jump again

We have had a +30% correction already, plus we have had plenty of smaller 5-10% pullbacks in the last couple of weeks.

People shouldn't underestimate the demand for Bitcoin. Buyers have even held strong after the correction and the decline in volume, and currently we're about to break some local highs. If we go past ~$12,500 I'm sure we'll retest the yearly high of just under the $14,000 level. If we break that, fasten your seat belts and enjoy the market action. $20,000 is the next target from there.

It's so funny how altcoiners complain about Bitcoin ruining their altcoin gains and whatnot. They have had enough time to relocate their positions but didn't because they have been waiting for an altcoin season that was about to happen.....
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July 10, 2019, 03:45:05 PM
 #64

They say what goes up must come down. But with bitcoin anything is possible.
For what is next, no one knows.

Still we havent seen a great fall like December 2017 to January.
It stayed with a 5 digit mark and never fell again.
I am seeing a good chance that it will stay this way. Not a correction or something will happen again.
But I still prefer the slower movement for bitcoin. It aint that scary.
Unless we experiment a bubble as big as the one we saw in December then it is unlikely that we are going to see a crash like the one we saw, however if the price is unable to surpass 14k it is likely we will see an important correction, we must remember that the price has a tendency to overcorrect but I speculate that we could probably be seeing a stable price at 7k or 8k which compared to the price before this bull run started is very good, personally I think we are at the end of this bull run but I am always ready to change my posture in case the market proves me wrong.

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