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Author Topic: BTC is back with a bang.  (Read 189 times)
hugeblack
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February 12, 2020, 02:33:23 AM
 #21

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.
Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

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February 12, 2020, 12:01:47 PM
 #22

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.

I agree that some of us here are really contrarian, I have posts that truly goes against what's the norm. But those contrarian, admit it or not, have their own intention from behind.

Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

The expectations are based on the previous halving we have. And so far we have seen that it is a catalyst to push the market price higher in the next coming years. And I think this is what crypto enthusiast are clinging. That one day we might see another all time high.
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February 12, 2020, 12:48:39 PM
 #23

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.
I knew it already.

That correction that Bitcoin made yesterday was a healthy correction and it went as I predicted Cheesy. The correction made yesterday was another chance for the investor to accumulate more Bitcoin. There is no chance at this moment that it will go back to 5-6k since the sentiments is saying that Bitcoin will rise as the halving approaches.

I'd hope that what you are saying will come true but as always, don't expect too much to Bitcoin because anything can happen in a short amount of time Cheesy.

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February 12, 2020, 02:14:25 PM
 #24

CFG Index is marking 61 at "greed". Up we go.


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February 12, 2020, 02:25:32 PM
 #25

Learn to swim contrary to expectations, especially if it is positive because it is a trap that causes the rich to double their wealth before any collapse.
Everyone expects a lot of positivity after hevling, so it is first to put in reserve the possibility of a collapse in the price, so do not adopt a lot of hopes just because one indicator will change.

It sounds almost silly to say but I tend to agree. Bitcoin markets have a real tendency to swim against the current, and in aggressive fashion. I'll remember when the Bcash split was supposed to be the end of Bitcoin (and then we all know what happened next). At the height of fomo, everyone was calling ridiculous sums, and then we kept seeing double and triple bottoms and definite bullish signs, but for the next 2 years those same people putting the flags out for the party had to eat it all back up.

It's why I keep wishing the whole mass of headlines are massively bearish. The fact it's mainly positive now upsets me.

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February 12, 2020, 02:33:38 PM
 #26

A bit correction to $9500 will confirm as its another support, and I believe that $11000 is next intention in a few days ahead.

Many people there especially some expert who says that the increasing bitcoin price right now are very measured. Increasing more than 3% in one day and face a bit correction.

I guess that is pointed out bitcoin price will up again and I could say that this year will reach another all time high. Mass adoption has came slowly and other thing such as halving event is another factor that bitcoin has been reaching more than $10.000 for this year.

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February 12, 2020, 02:34:58 PM
 #27

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.

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February 12, 2020, 03:09:34 PM
 #28

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.
well, you might not be surprised to see the price of bitcoins that experience price increases like this, but for new traders who are still familiar with bitcoin and only buy bitcoin when their cheap prices enter the right position and can get a lot of profit so they are very happy now, it's better indeed save bitcoin until halving occurs so that the profit gained can be more.

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February 12, 2020, 03:42:43 PM
 #29

Forming a channel but I still think its worth a sell when it reaches prices towards the top end of there.   The rise today reflected both weekly average and drawing near to this rough channel idea:



I've drawn it roughly previously but I dont think it can be seen short term just yet, its more of a weekly formation so quite rough on the edges.   So between 10.5k and 11k we might see a top if its correct and in line, this relates to some resistance from summer low pricing.

Yellow line is 200 day average which is flat but no longer descending as it was, turn around potential I guess.

translating for people like me to understand: what does it mean what did you say?



Bitcoin Price Just Surged 4% in Minutes Really Because of Bitfinex Maintenance

Yes, they sought some argument to justify the huge price increase for bitcoin. Whenever the price increases someone looks for the reason for the price increase. Interestingly before that increase they were saying that the price would drop to $ 8800. Now that the price has risen a lot they are already happy and talking about the Bull run

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February 12, 2020, 04:23:55 PM
 #30

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.
actually it reached almost $10,400 mate and thats the highest we have so far(but of course looking for much higher if possible)
Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.
i have been Holding my Bitcoin ,and still accumulating if having a chance because we are looking for skyrocket more than we have in 2017.
to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.
nice prediction,is that what you Mirror Ball says?lol i have seen this same prediction around the forum as many speculation has the same.

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February 12, 2020, 06:51:52 PM
 #31

Even the rich can't control the market too much when its making big movements.

Just to explain it better, when the price moves 100 dollars up or down, then whales can come in and make a huge changes, that means there isn't really too much change in the price and not much difference between buyers and sellers, however if the price goes from 7k price to over 10k price in one or two months (not even 2 months) then that kind of means that there is a huge buyers market right now and whales can't just go against that, they could sell as much as they can afford and still can't drop the price too much, they could potentially slow it down or even maybe stop it for a while but as long as people continue to buy they can't really make a huge difference. Hopefully, they still won't after all of this.

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February 12, 2020, 06:56:21 PM
 #32

to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.
well, you might not be surprised to see the price of bitcoins that experience price increases like this, but for new traders who are still familiar with bitcoin and only buy bitcoin when their cheap prices enter the right position and can get a lot of profit so they are very happy now, it's better indeed save bitcoin until halving occurs so that the profit gained can be more.
Who would be the one wont really be happy as of this moment? We do always hope for this kind of event and for those who bought cheap for sure would really
gaining profits as of this moment and for those who are just still new then they would really get amazed on how btc price do perform on a short period of time.

$12k is a realistic goal before halving and its a better presumption rather than to those who do predict and saying hundred of thousands when it comes to price.
For now i can say that lucky for those who bought cheap on previous weeks or months on btc price.

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February 12, 2020, 07:08:17 PM
 #33

Bitcoin always comes back with a bang, didn't you learn that by now in all the years until now? I think even birds know that Bitcoin always bounces back, it will take time for Bitcoin to make new all times high, but that will happen eventually.
to be honest, I'm not really surprised to see this, because I believe that the price of bitcoin can be higher than it is today. I predict that the price will be above the $ 12k price before halving, and higher after that. I think it's still early, so I'm waiting for a bigger price.
well, you might not be surprised to see the price of bitcoins that experience price increases like this, but for new traders who are still familiar with bitcoin and only buy bitcoin when their cheap prices enter the right position and can get a lot of profit so they are very happy now, it's better indeed save bitcoin until halving occurs so that the profit gained can be more.

Me neither, this is a usual Bitcoin price movement. I believe in a much higher price of Bitcoin, this is just an intro in what Bitcoin can do!

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February 12, 2020, 07:25:30 PM
 #34



IF it will take a year before the bears will start to wander around in the market, I hope to learn when the exact day they will try to dump what they have. I will certainly check the BTC/USDT everyday in the weekly and monthly chart to determine when they'd be back.  While this bullrun will give us good profit, I will keeo my guard to watch it.

How much will the ATH be before it submerge again?

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February 12, 2020, 08:41:52 PM
 #35

Just don't be too excited too early. It's nice to see price growth but to my opinion it's to early to make premature conclusions.
At this phase it's still to early to say if we will have a period of steady price rise or is this just a temporary rise. Don't forget that corrections might happen any time. I think for a while we will still have price fluctuations and price will go back and forth.

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February 12, 2020, 10:05:01 PM
 #36

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.
Just because you are feeling like it will skyrocket, does not mean that you will try to convince others to hold it. The market does not depends on how people "feel". Those prediction gurus did predict something based on numbers, charts and previous price, but this does not mean that the prediction will be accurate. Chances are that the prediction might even be totally wrong. We might see price fall back to $3,000. But then again, we might also see the price go above $20,000. What I am trying to really say over here is that invest at your own risk and try to understand about all the possible outcomes.

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February 14, 2020, 12:16:44 AM
 #37

So it rose back to nearly $10,300. I have been holding and don't know how long I will and when I'll sell but as long as the market's performing well, I will hold not just for this year but for the next more years. With those analysts, yeah they are scattered again and telling the same predictions again. They want people to believe them again because it's a good opportunity for them to make their names known by giving predictions that will come with the market.

Holding can be very tiresome at some point most especially if the price is not increasing for a long period of time but holding bitcoin can also be very rewarding during bull run. Personally, I’ve been holding my bitcoins for God knows how long and I didn’t regret holding because it rewarded me so much. Along the way, I also scalp some of my earning and spend it on other investments too. BTC is showing a good sign now and I hope it will continue.

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February 14, 2020, 08:13:07 AM
 #38

After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.
Back to 5 digits again.
Yey! Just like watching a movie. Now, prepare your popcorn because the panic guys will be coming back.
Once the news arrive to them I am sure they are on their way to open their wallet and sell it.

Back to another fall!! Yey! More for me to buy at a cheaper price!  Grin
This will just keep on going on. It is not a manipulation but more of who doesn't really trust the technology bitcoin could give.
Just profits.

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February 14, 2020, 08:26:40 AM
 #39

Learn to swim contrary to expectations,

Good thing to keep in mind, the fastest moves is the sell after a big rise.    Fast lots of points gained if you are a seller with the tide change.   Also its important not to stand in the way of a movement or keep trying to catch the tail can have you spinning in circles.    I think we retract slightly and its near to a channel top so due to do so.



Rough range going forward, blue line is 2 day and yellow rough weekly

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Latviand
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February 14, 2020, 08:39:14 AM
 #40

I more likely see it as market price stability at the point of $10,000 without expecting a bullrun as this early. I think we would see a bullish run in the midyear and not at the first quarter of this year, given that the market price is still palying pump and dump at this point.
So it rose back to nearly $10,300. I have been holding and don't know how long I will and when I'll sell but as long as the market's performing well, I will hold not just for this year but for the next more years. With those analysts, yeah they are scattered again and telling the same predictions again. They want people to believe them again because it's a good opportunity for them to make their names known by giving predictions that will come with the market.

Holding can be very tiresome at some point most especially if the price is not increasing for a long period of time but holding bitcoin can also be very rewarding during bull run. Personally, I’ve been holding my bitcoins for God knows how long and I didn’t regret holding because it rewarded me so much. Along the way, I also scalp some of my earning and spend it on other investments too. BTC is showing a good sign now and I hope it will continue.
Investing might be the hardest thing to do at the minute because an investor would more likely hesistate to invest because there is a possibility of an uprise and the price could be lower which is a better opportunity to invest, since profit would be bigger once true bullish run occur in the market. Ofcourse, many people would say waiting would be better but we just cannot disregard the opportunity at this point wherein the price could still kick before the halving.

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