Where will this fluctuation end ?

[7788bitcoin]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

Welcome to the bitcoin market and as everyone mentioned here you should know better how the market will move, you cannot expect huge volatility like we used to see in the past because the market is maturing with more investors coming into this market. Right now there is no direction in the market and until there is a huge flow of investment in the market you wont find the bull run you are waiting for.

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[gabbie2010]

The fluctuation occurs between $8600 and $7800 resistance and support its seem the zones are very strong whenever price touched those zones there is always a bounce off, price had just re-bounced the latter recently and headed upward I believed if the $8600 resistance zone is eventually broken that will mark the end of the fluctuation, else the fluctuation will continue gradually the price is heading towards that zone again.

[Wexnident]

Yes, that's the current situation of market as people are ready to demonstrate prediction but deep down they themselves knows that i will not go as per prediction. There are users who are making profits out of this volatility by doing a daily trade but with my experience a good amount of profit can be made during huge fluctuation but not the fluctuation of few hundred Dollars.

Naturally, those that trade in expectations of profiting with these small fluctuations would expect a profit of small amounts if not none. Bitcoin investment is a long term investment, not a short one. Plus, predictions made on a short term of a month isn't even worth calling a prediction. Not many factors could be made with that short month and most holders and trade analysts are actually analyzing and prediciting the price once the halving occurs or by the end of the year at the least.

[Kyraishi]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

It's just fairly small movements in the market we are seeing every so often, but I wouldn't call them very impactful, since it's what happens every day and BTC is fairly stable compared to it in previous years.

There are some people that trade off these flucations and they do manage to make small profit margins, but that's usually really hard to call and it's more luck then actual good speculation.

Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.

[Dart18]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

Why not?
If you can do it right then those are still profits.
Small or huge those are fluctuation that might make you some money specially when you are doing it with high numbers.
A pump is what I see for bitcoin. The stability or the low fluctuation took already long enough for it to go back now at 5 digits of value.

[BitHodler]

Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.

We share a similar opinion, but one that's less popular because you will only satisfy people by saying that we will break through the $20k mark before the end of the year, while that obviously isn't going to happen at all.

We have seen the price go up way more than many expected, so why are people so upset that the price is taking a healthy step back? Instead of complaining start accumulating....

If you in January would have told people that we would see $14k this year, they would tell you to seek professional help. Everyone was expecting the price to fall under the $3k mark and bottom out just under/above $1k.

[Indrawan77]

This is the beauty of decentralised investment, it wont stop fluctuating at all, you just need to take advantage of the situation, don't hope that the price will be stagnant, if the price is stagnant its mean there is no demand and supply and the coin is dead

[rahmatullah9305]

I don't know that. Although this volatility makes the future of the crypto market difficult to predict, another factor that makes the future of Bitcoin difficult to predict is the fact that its use has not increased significantly in 2018, which indicates market stagnation. In fact, mass adoption did not happen as fast as the crypto industry players expected.

[Darooghe]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

In my opinion, yes. whales need a really big market share to make a "pump" and "dump" work. They have to ninja buy a shitload of coins without pumping the price so you want to look for low market cap, low volume and little price action during a relatively long time (weeks to months) when they stack coins getting ready for the pump.

Look also for buy and sell walls appearing and disappearing, they use this type of signals to tell other whales they are ready for the pump. Previously they shill the shit out of the coin they are going to pump" and "dump" and make people believe the price is going up because some good news just came out. They love deception.

[el kaka22]

Specially if you are doing it constantly and correctly. I am not doing trading right now because I decided that long term retirement fund type of investing is good enough for me and I have managed to have decent amount of money saved thankfully (not enough to do anything like buy a house or get a shop and rent it etc etc but it is enough to sell my car and get a better car) so I can't say how it is right now.

However, back in 2018 when the price was going up and down between 6.5k and 7.2k I was buying and selling constantly, like crazy and then slowed it down during the 3.4k and 4.2k times, then when bitcoin went up to 13k+ I was on hold and had money so I made a decent profit so I stopped it all. Basically all I am saying is this is all possible.

[AjithBtc]

Talking about the fluctuation with the crypto market, there is no end. If it comes to an end, then we can understand crypto market is losing its value. However the usage increases the volatility or the fluctuating feature of the market will be there. This will go off only if the market goes under the control of large scale networks or corporate firms.

[Hypnosis00]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

You/We don't ever need to expect that cause even local stock have that fluctuation how much more with this volatile market. Price fluctuations are a thing that certainly brings crypto/Bitcoin to its popularity. This scheme has gives a huge benefit to us, in fact, this is a way that we used in the order that we can buy and sell according to our price perspective.

[South Park]

Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.

We share a similar opinion, but one that's less popular because you will only satisfy people by saying that we will break through the $20k mark before the end of the year, while that obviously isn't going to happen at all.

We have seen the price go up way more than many expected, so why are people so upset that the price is taking a healthy step back? Instead of complaining start accumulating....

If you in January would have told people that we would see $14k this year, they would tell you to seek professional help. Everyone was expecting the price to fall under the $3k mark and bottom out just under/above $1k.

There is a reason why greed is considered to be a character flaw, there is nothing wrong with wanting greater material gain and it could be argued that natural desire has been the fuel for many inventions and discoveries, but it can come to a point in which it becomes an obsession and that is what we see in this market too frequently, the market already gave incredible profits to anyone that was ready to take them and for many the recovery is still not enough, they want more but we know the market is not going to move according to their wishes and if they keep trading expecting to see further growth most likely they will lose money instead of earning it.

[STT]

Change is the only constant, I'll post when I see a clear trend again but for now the price is just a normal market sorting between buyers and sellers.

I'm looking for a bounce here as a sign we have perhaps beaten previous selling, however its always speculation if it will do any coordination with a prior sequence of falls or rising prices.
  

A good point to take would be if we can hold above the 8 day average price, we already lost the short term bounce in action over the weekend.   See how we fair in asia trading, a dip before we rise back to 8500 is possible.

[TriplexXx]

Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.

We share a similar opinion, but one that's less popular because you will only satisfy people by saying that we will break through the $20k mark before the end of the year, while that obviously isn't going to happen at all.

We have seen the price go up way more than many expected, so why are people so upset that the price is taking a healthy step back? Instead of complaining start accumulating....

If you in January would have told people that we would see $14k this year, they would tell you to seek professional help. Everyone was expecting the price to fall under the $3k mark and bottom out just under/above $1k.

There is a reason why greed is considered to be a character flaw, there is nothing wrong with wanting greater material gain and it could be argued that natural desire has been the fuel for many inventions and discoveries, but it can come to a point in which it becomes an obsession and that is what we see in this market too frequently, the market already gave incredible profits to anyone that was ready to take them and for many the recovery is still not enough, they want more but we know the market is not going to move according to their wishes and if they keep trading expecting to see further growth most likely they will lose money instead of earning it.

I think we will see the end to this price fluctuations by the end of January to early February 2020. In this year of 2019, not much has happened in the cryptocurrency market since only the bitcoin price got the major price pump while the entire altcoins market is down. maybe we will see some developments in early 2020.

[NewRanger]

Fluctuation will never end till whenever .as long as there are supply and demand in cryptocurrency market.since the beginning of cryptocurrency market has high volatility in market.everyday we see bitcoin price move up and down with wide range. By this fluctuation our psychology really tested , will we strong to face or not .if we strong face it, i am sure we will get great deal from bitcoin price.

[inthelongrun]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

Price fluctuations is normal. Everyone wanted bitcoin volatility to slowdown because it has been the issue. Many questioned how can bitcoin becomes a normal mode of payment if its level of volatility is too high. Bitcoin's chances of becoming mainstream worldwide is for its fluctuations to stabilize. Or it could be that once bitcoin reaches its value in trillion dollars then it will be harder for its price to have a big upward or downward movements. A true bitcoin fanatic should be thinking long term and not just for short term profits. Remember that every major pump follows a major correction. That correction could be even deeper than.         

[senne]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

Price is moving sideways, lately. It is in accumulation stage. Any movement from here on will lead to a trend. There can be a continuation or trend reversal. The immediate resistance is of $8800 and immediate support is of $7700. BTC just bounced back from the support but isn't able to cross the resistance. Any breakout from here will define a long term trend. This isnt the time to jump in a trade until and unless there is some clear indicator.

[davinchi]

Naturally, those that trade in expectations of profiting with these small fluctuations would expect a profit of small amounts if not none. Bitcoin investment is a long term investment, not a short one. Plus, predictions made on a short term of a month isn't even worth calling a prediction. Not many factors could be made with that short month and most holders and trade analysts are actually analyzing and prediciting the price once the halving occurs or by the end of the year at the least.

Sometimes, these fluctuations may actually not be small to the traders, it all depends on how much the trader is trading with, imagine a trader buying about 10 btc when the price was at $7800 which will all know how the price recovered back to like $8000, if the trader sell the 10 btc at that time, it means he or she must have made at least $2000 on that transaction alone just within a week, which I even think that bitcoin went back and forth within that range almost twice, it is only when we trade with a very low amount that we usually count such fluctuation profit as small, and the biggest of them all is when you leverage, leveraging does not know how small the fluctuation is, the more you leverage is the more that you get from the trade.

[bohr]

Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

The price went down significantly yesterday, did you take advantage of it? I say this because most the time I see people claiming they want the market to move more abruptly and then when it does they get scared and then they get out of it instead of taking advantage of it, however the kind of fluctuation that we are seeing in the market happens really fast, this is not something that you could take advantage if you are an investor instead of a trader.