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Author Topic: Bitcoin seems to be going up rapidly this morning  (Read 484 times)
rez303
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October 01, 2019, 07:37:38 AM
 #21

Yes, I see that too. In the exchange, bitcoin price becomes stronger than a few days, and the candle has back to the green candle. I hope that could attract more investors to invest in bitcoin so that will push the price to a higher rate. We could see it might have a chance to rise for more than $8500 in this week or even higher, especially if there is any positive reaction from traders at the market. If that happens, then we will see a rise of bitcoin again this month.
The psychology of investors today is really good and they tend to buy more and that makes the price of BTC constantly changes in price. I think the price of BTC is still very cheap now in this market and if you have a reasonable investment strategy, this investment will bring huge profits. According to my statistics, up to 80% of people will tend to hold Bitcoin at $8000 because this is the cheapest price of this year and if the market goes up, anything can happen.

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October 01, 2019, 07:38:05 AM
Last edit: October 01, 2019, 07:48:32 AM by jaocoincrypto18
 #22

There's a rainbow always after the rain and  It is really good to see that the market is in green again after the deep downfall but i think it is to early to conclude as we don't know that this might just a temporary rise up in which a big whales trap so better if we just observe the market movement for a while before we jump into conclusion.
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October 01, 2019, 08:29:23 AM
 #23

There's a rainbow always after the rain and  It is really good to see that the market is in green again after the deep downfall but i think it is to early to conclude as we don't know that this might just a temporary rise up in which a big whales trap so better if we just observe the market movement for a while before we jump into conclusion.
I never surprising to see the market situation because I know that it will always have a surge price after having a small correction.
Big whales have been tired on monitoring and manipulating the market there are sometimes they let the market grow and back again when they are ready. The fact that only those strong hand will have a good profit and those panic seller will suffer and regret when they let their emotion not control.

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October 01, 2019, 12:28:31 PM
 #24

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
There are no movement without reason, there may be some reasons that most of us do not know it. As we all know entering the market with a large amount can also affect the price. I can not say for sure, but if there is no reason we can see, then there is reason but we can not see. On the other hand the increase is most important, the reason is already easy to find.
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October 01, 2019, 12:44:52 PM
 #25

Well, that is some good decision making you have done there.

Too much noise about this price fluctuation that is going too fast by hundreds of dollars.
Because of that even in my dream it happened.
Freaking price went 9k and I refresh the website it became 10k in a sudden. Grin
I guess I need to step back a little into reading the price charts and speculations.
It aint good when it goes to your dreams too.

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October 01, 2019, 01:01:10 PM
 #26

There's a rainbow always after the rain and  It is really good to see that the market is in green again after the deep downfall but i think it is to early to conclude as we don't know that this might just a temporary rise up in which a big whales trap so better if we just observe the market movement for a while before we jump into conclusion.
We wont really able to hit up a conclusion yet market is always been unpredictable and volatile.Speculations would continue like forever yet we wont know
on where would prices would go.For a typical crypto market there would always be a rise after such slump of price and thats the basic of a market and this
is where traders do make money.It will just depend on when you do get in and get out and some are just playing out safe by simply long term hodling.

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October 01, 2019, 09:40:03 PM
 #27

Yes, this morning Bitcoin did go up a few hundred dollars. It's great, and hopefully it continues growing at this rate. Everyone get ready for Moon blast off.
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October 01, 2019, 11:23:04 PM
 #28

Price of Bitcoin recovering after a few days of nothing but price dropping is not new. I would be more surprise if the trend continues like in the span of 4 weeks the price did not recover even for at least 3% to 5%. But saying Bitcoin is going up “rapidly” that’s an overstatement I guess. It’s not something new.
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October 02, 2019, 04:51:34 AM
 #29

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
Although the growth over the past 2 days is quite good, it is still below $ 10k, and the market is still in downtrend. We should be careful because these days, I see that quite a few transactions move bitcoin to the floor of some sharks. I believe this will be another big dump. We should take profits now and prepare for a new bottom.

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October 02, 2019, 05:10:41 AM
 #30

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
Although the growth over the past 2 days is quite good, it is still below $ 10k, and the market is still in downtrend. We should be careful because these days, I see that quite a few transactions move bitcoin to the floor of some sharks. I believe this will be another big dump. We should take profits now and prepare for a new bottom.

Although bitcoin is at the downtrend, the response in the market was good, and if it continues, I think we will see another high price this week. But there will be different if somehow, the price is going down again, we will get a delay to see the increase in the price. I hope that nothing bad happens this week so the price can still increase. I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.
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October 02, 2019, 05:59:23 AM
 #31

I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.

We'll really reach that point before the year ends or even this month. Bitcoin sometimes shows the unexpected. It can rise $1k in a day or the otherwise, only whale traders will decide that. One thing for sure that bitcoin may hit new ATH next year because halving event will happen again.
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October 02, 2019, 07:53:27 AM
 #32

I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.

We'll really reach that point before the year ends or even this month. Bitcoin sometimes shows the unexpected. It can rise $1k in a day or the otherwise, only whale traders will decide that. One thing for sure that bitcoin may hit new ATH next year because halving event will happen again.
We have that participation and we are all the factors of its change. However, the positive looks of halving may help this thing out but not to expect a big market price rally. And we believe that $10k is not quite hard to achieve cause we have it often time.
Anyway, we can't just close any conclusion and to see what this halving can do/help to uplift the market condition.

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October 02, 2019, 07:59:42 AM
 #33

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.

What has happened with Bitcoin's price is a pretty normal bouncing movement after a considerably long fall. Nice for you to have grabbed the price drop and bought some. That should also be the mentality of the rest. Sadly, many are feeling panic instead of joy for having the opportunity to buy Bitcoin with a price discount.

Right at this very moment however, the prices are red once again. This means that the $500 rise of Bitcoin's price is a normal movement. If it went straight up to $2,000 increase only then could we start to wonder. 
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October 02, 2019, 11:39:07 AM
 #34

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.

What has happened with Bitcoin's price is a pretty normal bouncing movement after a considerably long fall. Nice for you to have grabbed the price drop and bought some. That should also be the mentality of the rest. Sadly, many are feeling panic instead of joy for having the opportunity to buy Bitcoin with a price discount.

Right at this very moment however, the prices are red once again. This means that the $500 rise of Bitcoin's price is a normal movement. If it went straight up to $2,000 increase only then could we start to wonder. 

The thing is, whenever I made this post, the $500 price rise was in a matter of just a couple of hours and didn't look like it was going to stop anytime soon. It was still going up whenever I posted. I had been looking at the 1 day charts, and it looked like the price was going to keep going down for a few more days. I must say, it was a pleasant surprise. I was really just hoping someone would come point out some indicator of it and they did. We can all always learn a little more
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October 02, 2019, 12:05:07 PM
 #35

But if see today price it decreased the value, I also noticed that price last 2 days ago rised and hope that to continue but it not happen because the price decrease but the good with that is we are still in the $8000 and I think for now this is the lowest value for this month or this is barrier and I hope to rise more than value now of the bitcoin and for sure it happen this coming remaining months of the year 2019.

 
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AliMan
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October 02, 2019, 01:00:46 PM
 #36

I believe that bitcoin can be back to $10k because that is the price that bitcoin needs to break so when the price can do that, it will have a big chance to break another highest price.

We'll really reach that point before the year ends or even this month. Bitcoin sometimes shows the unexpected. It can rise $1k in a day or the otherwise, only whale traders will decide that. One thing for sure that bitcoin may hit new ATH next year because halving event will happen again.

It's been a year since I heard bitcoin will hit new ATH but that's not happening in reality. There's an attempt of higher bounces and spikes of bitcoin price a few months ago and stabilized at $10k and up which seemed so hard to move towards the rising trend. Let's don't expect that new ATH to show up next year, much better if we prepare ourselves for an unexpected situation that could initiate randomly.

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October 02, 2019, 03:25:24 PM
 #37

Anything could happen daily. Most probably the higher it goes is due to higher demand. As soon as it goes up more, many may realize to sell. That would make the price lower as soon as the supply is higher as well. That's why we need to check the rate regularly for we never know when or what day is the best price to buy or sell.
It seems to me that it makes no sense to check the cryptocurrency rate daily, especially if you are not involved in daily trading.  The fact is that long-term investments in Bitcoin will still turn out to be successful, despite what happens with the Bitcoin exchange rate.  Today, such a tendency is visible in the world that big business begins to be interested in cryptocurrency, for making payments that they themselves can control without the influence of the banking sector.  And this in any case will affect further price increases.
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October 02, 2019, 06:07:36 PM
 #38

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. In fact, it looks like it should be going down.. But, I'm pretty happy as I've just acquired some within the last day or two. That investment is already paying off.
Was there any tangible reason as to why bitcoin made the recent decline, since we don’t know the reason why there was a decline, I don’t expect that we will know the reason why it will recover again. We have thousands of people from every part of the world that are investing in bitcoin daily and also pulling out funds to use for certain purposes, so we may not know that particular factor that will be responsible for a particular act off bitcoin at a certain time.

We just need to understand that this is the behavior of bitcoin and stop looking for answers that we may never get, if you see people telling you they know the reason, they are just speculating also and  will never know exactly what caused the dip and also never know what is causing the increase.
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October 02, 2019, 11:41:45 PM
 #39

Anything could happen daily. Most probably the higher it goes is due to higher demand. As soon as it goes up more, many may realize to sell. That would make the price lower as soon as the supply is higher as well. That's why we need to check the rate regularly for we never know when or what day is the best price to buy or sell.
This is really true crypto can rise and fall any time we will have to keep our eyes on market. It will change with every investment and every selling so better keep holding and never give up on your investments. Right now is perfect time to buy and hold panic selling will reduce the demand which cause fall of price that's why better keep holding and waiting.


That is true, do not give up stay patience and be calm, up and down movement of bitcoin is part of the market value volality as decentralized crypto currency. So yeah keep eyes monitor and observes the flows of movement it's possible time for the another bull run start before end pf this year.
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October 03, 2019, 01:39:54 PM
 #40

Within the last few hours, Bitcoin has gone up $500 and still seems to be going up. Anyone have any speculation as to why? Looking at the 1day chart, I don't see any indication that the price would be going up today. 
There is a rapid change in the price most of the time and when the price of bitcoin went down a lot in the past few days i did not expect the market to recover this fast but the price recovered as people are investing during that time and taking use of the opportunity to invest when ever the price goes down and that is what we are seeing now, let us see how the market will perform in the next few weeks.
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