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Author Topic: Nice Increase in Price but What Next??  (Read 1110 times)
Oceat
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January 09, 2020, 05:58:53 PM
 #61

What next is obviously a dump and it's already happening. People should expect after a price pump there's always a price correction that will going to follow and we are almost getting back to the normal price range of $7,000 from before. That was the best time to make a profit if some of you are doing a scalping.

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January 09, 2020, 06:05:39 PM
 #62

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still..
Do not get disheartened. It is part of the bitcoin market. We will see a few dumps before we can actually enter another bull run. So prepare for it.

What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over  10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range.
The last bull run, it was over 12K before crashing back down to 7K. It is not just breaking the 10K barrier but having enough support to sustain that price. Right now, the price is rising to rapidly to have stable support.
It’s not only today but since long this thing is happening in crypto market. People makes market rise and fall as when more people buy it so price will increase but no one knowns how must it will rise and how long it needs to hold. I think the next step should be massive purchasing if we will buy more it will help market this stable market higher and higher, so keep patience and don’t sell yet.

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January 09, 2020, 06:34:05 PM
 #63

Well we are 8k+ usd

We are almost at $8400 and the train does not slow down. Now it will be the worst moment, because at some point the train will have to slow down. The most difficult question is whether there will be only a small correction and the train will go further, whether there will be a flash crash and we will drop under $7000  Huh Roll Eyes

If we fall again below 7000$ from here, it will not be good for bitcoins. This will mean that bear rule the market and people do not have trust in bitcoins. I do hope that bitcoin remain above the support level of 7800$. I am not sure but i do fear that those bears will again make the bitcoin prices drop.   Huh
i am dissappointe to heard that. now bitcoin is back to fall again, i am worry that bitcoin increase price yesterday only affect war of Iran and US not affect from 2020 or halving coming, if  true its not good. because many people waiting for this year and hope that this year can bring profit for them and next will difficult to bitcoin rise price

 
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January 09, 2020, 09:57:16 PM
 #64

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still.. What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over  10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range. None the less my friends only time will tell but until then what are some of your thoughts? As usual your thoughts and comments are more than welcome. Thanks again.
You guessed it right! A nice pump and then a slow dump. This pump was just because of the recent chaos and then when things started to settle, the price is also going down slowly. Hope it stays above $7,500 USD.
Jumping right to $10,000 isn't going to be considered as a healthy rise. I would also love to see the price reach the mark, but in a slow and steady way. Wouldn't even mind if it took months to get there.

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January 09, 2020, 10:22:04 PM
 #65

What we are expected to happen?
It might all of us here are expecting to see Bullish again as the market starts to pulling up high. We started with an amazing market trend as halving approaches. But somehow, along with the continuous journey of crypto we can't certainly assure that it all be in the uptrend motion. Besides, declines may still exist and dumping and pumping schemes will always be there.
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January 09, 2020, 10:24:00 PM
 #66

What next is obviously a dump and it's already happening. People should expect after a price pump there's always a price correction that will going to follow and we are almost getting back to the normal price range of $7,000 from before. That was the best time to make a profit if some of you are doing a scalping.
The sad thing here is that, i miss to sell during those pump but its ok I’m still confident for a good price after this correction. There’s always a good opportunity that will come to us and it will depend on you, to grab it or not. Bitcoin pumps but it fell short and now we are still down again aiming for the best price. Scalping is great on a trend like this, watch the market.

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January 09, 2020, 10:39:10 PM
 #67

yes the rise of prices in recent days is good and i hope everyone will hold and buy again for making up the bear market and making prices at confiance of investors for buying again their bitcoin espicially who seold it at current prices for example . i hope prices will rise above 9000 usd because it is good price for making up bear market always
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January 10, 2020, 01:41:18 PM
 #68

At least if Bitcoin is stable at 8000 USD it will be easier to reach 10k USD or even more. Today's bitcoin correction is normal I guess, although, certainly makes some people panic let alone the increase in Bitcoin by more than 7% in the day yesterday. Hopefully, this will be a good start for Bitcoin and other cryptocurrencies. we can see Bitcoin is starting to move up again followed by Altcoin aswell.

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January 10, 2020, 03:15:15 PM
 #69


 The clearest choice for us right now is to either break the next resistance and go even further high, or might as well go back down to 7k where we were without moving much. I mean I don't get the point of going up just a bit and than not doing anything, we might as well just stayed at the same price without moving at that point. However if we could get together and break the next resistance, we can go up towards the resistance after that, which would be around 11k (a bit less) if I am not wrong and thats where things get real fun, we will be capable of going even further up with all the hype and fomo goes around when we reach there if we could do it quickly.

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January 10, 2020, 03:50:47 PM
 #70

What next is obviously a dump and it's already happening. People should expect after a price pump there's always a price correction that will going to follow and we are almost getting back to the normal price range of $7,000 from before. That was the best time to make a profit if some of you are doing a scalping.
The sad thing here is that, i miss to sell during those pump but its ok I’m still confident for a good price after this correction. There’s always a good opportunity that will come to us and it will depend on you, to grab it or not. Bitcoin pumps but it fell short and now we are still down again aiming for the best price. Scalping is great on a trend like this, watch the market.
It's a bull trap actually and it's okay you missed to sell you might caught the trap going up thinking it could pump more. Scalping is very good during that time but it happens often so I don't think traders have the patience to wait like that. If you are aiming for a long term investment then aim for the bull run after the halving. Wait till Bitcoin surpass the ATH.

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January 10, 2020, 04:09:16 PM
 #71

What next is obviously a dump and it's already happening. People should expect after a price pump there's always a price correction that will going to follow and we are almost getting back to the normal price range of $7,000 from before. That was the best time to make a profit if some of you are doing a scalping.
This is the best time for scalp trading indeed, the fact that there's a lot of ups and down happening in Bitcoin right now. But these pumps we are now experiencing is not good enough for folks who used to long term investment so I guess it is better if we will wait after the halving. I think the Bitcoin's price will only play around $6-10k until the we enter the halving.

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January 10, 2020, 04:23:56 PM
 #72

Bitcoin is again back to the 8000$ level and we may see alts bleed again with this pump. If the market stays above that level with good volume then it will be good for alts in the future to accumulate more before another season. Lots of people made good profits using leverage trading and this might be the best time to do scalp trading.

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January 12, 2020, 06:03:17 AM
 #73

actually I also don't know what will happen next. bitcoin volatility is very high difficult to predict. at the moment the price of bitcoin has returned to the level of $ 8k. in my opinion at the end of January the price of bitcoin can reach $ 9k. and there is also the possibility that bitcoin will dump again before decreasing by half. and I think if bitcoin dumps the lowest level is $ 6k.

 
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January 12, 2020, 07:53:04 AM
 #74

What next is obviously a dump and it's already happening. People should expect after a price pump there's always a price correction that will going to follow and we are almost getting back to the normal price range of $7,000 from before. That was the best time to make a profit if some of you are doing a scalping.
This is the best time for scalp trading indeed, the fact that there's a lot of ups and down happening in Bitcoin right now. But these pumps we are now experiencing is not good enough for folks who used to long term investment so I guess it is better if we will wait after the halving. I think the Bitcoin's price will only play around $6-10k until the we enter the halving.
But scalping is not a preferable strategies for all traders. Scalpers are for intermediate traders only, scalping is not good strategies for newbies in the market because they cannot handle the volatility of cryptocurrencies. The preferable strategy that we use is a swing trading strategy where we will buy at support and we will sell it in resistance. Even if it will take days or weeks, it is a good strategy to use.
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January 12, 2020, 09:10:21 AM
 #75


 Looking at the movements lately, it looks like a "bull lookout" to bitcoin in general. Doesn't mean it will go up but whenever there is a hype around bitcoin that would increase the price, it usually reflects on price as well unless something major happens. Don't get me wrong those are all possible in bitcoin, there is no regulations so the whales look at the price and see how it goes up and just simply waits until the run stops and as soon as it stops they both buy short futures and sell all their coins so they end up profiting double both thanks to avoiding the fall thats caused by their own sell plus make money on the short futures.

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andycarrol
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January 12, 2020, 09:34:42 AM
 #76

in my opinion bearish is looking more strong than Bullish, if bitcoin price dump to 7600 it will probably down to 6000-6500, but conversely if bitcoin price goes up to 8400 and can last in a few days it's very likely to head for 9k-10k.
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January 12, 2020, 09:42:34 AM
 #77

That's bitcoin, you should know it by now that the price moves differently all the time, there are times that it will give us a nice increase in price and we normally think it will increase all the way but to our surprise it will go down which will leave us disappointed. You are asking what's next? no one knows what's next but there are only two things that could happen, it will either increase continuously or it will give us fluctuations in price. Either way we should be ready at all times and try to make out of each situation. 
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January 12, 2020, 10:03:39 AM
 #78

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still.. What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over  10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range. None the less my friends only time will tell but until then what are some of your thoughts? As usual your thoughts and comments are more than welcome. Thanks again.
well it has been two weeks now and the market is showing some good stuffs like trying to be strong in $8,000 value.

we are almost 4 and 1/2 months to go before Bitcoin Halving and if this stabilizing continues to happen>?there is no doubt that we will be facing an early bull run this year.

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January 12, 2020, 12:24:22 PM
 #79

At present the price of bitcoin is more than $ 8,000 and in my opinion it is still in a good price position and if there is a gradual increase even though it is slow there is a possibility of reaching $ 10,000 in the next few months there is a possibility of reaching or exceeding that price.
and that is my opinion and everyone has different predictions or opinions and but that is not always true, we all hope that bitcoin continues to increase and reach the highest price.

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January 12, 2020, 12:44:17 PM
 #80

We have all seen it before.. A nice pump here and there and then BOOM a big DUMP.. It's almost disheartening really but still.. What will come next of this little rise? Will it hold true and keep its position or will it come crashing down again and again. In my opinion i believe that Bitcoin would have to reach an over  10,000 usd mark to see a "bigger" style of a bull run. For now it's just going back and forth in a 6-8k range. None the less my friends only time will tell but until then what are some of your thoughts? As usual your thoughts and comments are more than welcome. Thanks again.
well it has been two weeks now and the market is showing some good stuffs like trying to be strong in $8,000 value.

we are almost 4 and 1/2 months to go before Bitcoin Halving and if this stabilizing continues to happen>?there is no doubt that we will be facing an early bull run this year.

I hope so, and this increase is not some bull trap.  We have lots of articles on the internet regarding Bitcoin going to 5 digits.  I'm so into seeing it happen soon.  This increase of Bitcoin from $7k to 8k+  this early of the year is a good sign, plus the halving that will happen soon, there is no denying that Bitcoin started strong this year and hoping that the next run of Bitcoin will bring it to $15k then all the way to breaking ATH.
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