FLHippy
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May 07, 2020, 08:57:40 PM |
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Bitcoin is approaching 10k level, I do not believe my eyes, it constantly grows for about 8 weeks without any dump, this doesn´t seem as natural healthy growth! Be careful!
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alisonwonder
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May 07, 2020, 09:10:52 PM |
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Bitcoin is approaching 10k level, I do not believe my eyes, it constantly grows for about 8 weeks without any dump, this doesn´t seem as natural healthy growth! Be careful!
when it starts approaching halving like this bitcoin price movements can move as fast as it is very reasonable and it can be used as a first step to start the recovery period of bitcoin prices which could potentially cost $20k again, only time will answer that.
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Kasabus
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May 07, 2020, 09:51:18 PM |
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Bitcoin is approaching 10k level, I do not believe my eyes, it constantly grows for about 8 weeks without any dump, this doesn´t seem as natural healthy growth! Be careful!
when it starts approaching halving like this bitcoin price movements can move as fast as it is very reasonable and it can be used as a first step to start the recovery period of bitcoin prices which could potentially cost $20k again, only time will answer that. This is not new to everyone as we are expecting a high price surge particularly to bitcoin as halving will soon to hit the market. But knowing that the market is so volatile, the market price suddenly dump after a high sudden price wherein price correction is also expected to happen. So let us still continue to observe the market carefully so we will be aware what is the best move for this.
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shinratensei_
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May 07, 2020, 09:58:07 PM |
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Bitcoin is approaching 10k level, I do not believe my eyes, it constantly grows for about 8 weeks without any dump, this doesn´t seem as natural healthy growth! Be careful!
That's actually caused by the halving but we must be careful about the potential of bitcoin to get another correction after this long term pump. 10k level will have reached as soon as possible and there was no doubt that it can be achieved easily but it looks like the halving will become the time to sell for the news and take our bottom position again.
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flagpara
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May 07, 2020, 11:59:14 PM |
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
For coronavirus affect, every where lockdown but government took focus on our economy. Top stock exchange price was fall for this Coronavirus. Before halving time Bitcoin dumped 3.8k USD that dump only reason for coronavirus. For our government steps money crisis wasn't create. Still Bitcoin price a little bit stuck for this coronavirus.
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shoreno
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May 08, 2020, 01:53:42 AM |
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For coronavirus affect, every where lockdown but government took focus on our economy.
thats great . i thuoght governments are selfish and forever will be but this is the first time i see them cooperating and helping people especially those poor among poor but still there are some places that are corrupt , they halve the supplies and cash . Before halving time Bitcoin dumped 3.8k USD that dump only reason for coronavirus. Still Bitcoin price a little bit stuck for this coronavirus.
not only corona virus but there are many reasons for this dumped . btc price were also moving now in an upward manner . this shows that no virus can stop the btc from flying high . next movement for the market for the upcoming days or weeks will be in uptrend position . i can strongly sense it
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coinsycrip09
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May 08, 2020, 02:30:54 AM |
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i don't see the impact that is too bad on cryptocurrency, what i see is the opposite. i hope it will remain like that in the future. maybe at the beginning of the corona outbreak the market situation was not so good but it did not last long.
see, now the market has started to move up.
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bgaf
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May 08, 2020, 05:38:32 AM |
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Bitcoin is approaching 10k level, I do not believe my eyes, it constantly grows for about 8 weeks without any dump, this doesn´t seem as natural healthy growth! Be careful!
Probably there is hype included as well. We all knew there are few days left before halving and the most anticipated event is bounded by hypes. Obviously this will be a great chance for the market ti recover, perhaps the market will have some pulled back cause we all know that fomo is not good and we should have a natural market increase and not due to hypes and manipulations of the whales and some bitcoin influences. For now we see a good trend and more than 4% increase daily on bitcoin price and hopefully it will continue until the actual halving event.
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Paycoinzzz
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May 08, 2020, 05:46:25 AM |
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Not only with crypto, they will sell off the top stocks to have money and buy food. At present, the disease situation is temporarily stable and well controlled in East Asia in particular and Asia in general. But for Europe, it's stressful. This is a situation that can be said is difficult to predict but the financial situation seems much better. US stocks rebounded, and Bitcoin was back on top. It seems that people are quite optimistic about the future economic situation. The sell-off is unlikely to happen again, so I think there will be no turning point in the near future.
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Latines
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May 08, 2020, 05:52:12 AM |
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If someone knew where the price would go, he would go to the exchange, buy coins and wait. But I think there is hardly a top trader among us. Who can be trusted.
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meldrio1
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May 08, 2020, 06:09:02 AM |
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I also thought that but seems the market is not affected, as you can see bitcoin is almost reaching $10,000 price, I'm so surprised I guess this is because of halving.
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jacafbiz
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May 08, 2020, 06:13:44 AM |
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I do agree with your assessment, the market is not prime for the bull run yet, what is driving the recent push is the Bitcoin halving, it is after this that we would know the direction of the market, another thing to observe is that volume is lower than the February pump which is not normal.
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Lexurdania
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May 08, 2020, 07:26:19 AM |
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I do agree with your assessment, the market is not prime for the bull run yet, what is driving the recent push is the Bitcoin halving, it is after this that we would know the direction of the market, another thing to observe is that volume is lower than the February pump which is not normal.
Altcoin prices are still depressed with the strengthening of Bitcoin and I think this will continue until the moment Bitcoin Halving occurs. After the Bitcoin Halving moment, the opportunity for altcoin to rise in price will occur and I think the most important thing is to wait patiently for that moment
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Iyanu14
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May 08, 2020, 08:47:22 AM |
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Though the corona virus pandemic is not over yet, but I think the issue of it affecting the market or whatever is not really in place now as we see market moving up/improving even in the face of this virus. The next move in the market could be that, with halving almost here, there could probably be increase in the price of Cryptos, especially BTC and after the halving it is mostly expected that the price will drop, another deep looming.
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Ifemini
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May 08, 2020, 10:26:23 AM |
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
The reality about trading is that you cannot know the next movement in the trade market. You can only predict the most likely outcome using TA / FA analaysis or other strategy that you employ. Remember that anything can happen in the crypto currency front; and this is one paramount reason why you must always do your own research, all the time.
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LogitechMouse
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May 08, 2020, 10:41:45 AM |
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
It affected when we saw the price of Bitcoin went down by around 50% last month but right now, the virus doesn't affect the price of cryptocurrency anymore. We saw already that after the huge price drop of Bitcoin last month, it managed to went up and it is near the $10k already. Yes I agree that people will need money to buy crypto but there are still some people who have spare cash that can be used to buy Bitcoin. If the price will fall after the halving, it will be the "Sell the news" quote and not the virus. The virus and the crypto market doesn't have any connection but it can be a catalyst for the price of Bitcoin to drop again.
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BlackboardTrade524
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May 10, 2020, 01:48:35 PM |
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To be honest there are no direct correlation between this pandemic and the price movements in crypto marketspace . Human being are strong enough to survive this pandemic sooner / later . Just pay attention to the market a month or two ago , i saw the movement closely Coronavirus won't have large effect on prices of crypto coin . I think the current situation won't remain to much longer ,lots of country losesn up their lock-down for their country economi to overcome the pandemic cases. We do hope for the best situation over the world .
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Mealea
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May 10, 2020, 02:07:27 PM |
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As of today now the market is falling. Halving is closer than ever now. It is very difficult to predict what will happen in the next two days but we all expect some positive movement after the halving. Let's wait and see.
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Alohadanc3
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May 14, 2020, 05:20:38 PM |
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Market looks good at this moment. Bitcoin already pumped a bit. And now it's stay at 9k+ level. So bitcoin is a bit stable not much that's why others coins are pumping good. Halving is already over. And bitcoin pumped but not much. So I expect that in few months bitcoin will pump more and not only the bitcoin the whole market will grow. But till that time we se some up and downs.
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kakamrul
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May 15, 2020, 04:19:55 PM |
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BTC facing resistance at $10k and Whales dumping at this levels, if it breaks and close above 10k we might see it to $11700 within this month. Immediate support at $9500 and 8800.
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