STT
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June 03, 2020, 09:17:33 PM |
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and also why need to bother now when we are assured of hitting another high again in the next days or week.
People start talking about assured higher prices and we're already sitting next to 10k which is high as hell for BTC in my long term view, then I get to wondering if we are complacent and due to pull back from excessive expectations in the price. Right this moment we are positive and above weekly momentum though its in a pullback for a couple days. So long as it can hold about 9500 area then perhaps another run at higher pricing there but nothing is for certain imo.
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Oasisman
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June 03, 2020, 09:32:30 PM |
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and also why need to bother now when we are assured of hitting another high again in the next days or week.
People start talking about assured higher prices and we're already sitting next to 10k which is high as hell for BTC in my long term view, then I get to wondering if we are complacent and due to pull back from excessive expectations in the price. Assurance for a short period of time was never a word in crypto space lol. Assurance means holding Bitcoin for a long period of time, making sure it'll hit your desired target in a few years now. And I also consider $8,000-$10,000 level as a higher price since 2018. Right this moment we are positive and above weekly momentum though its in a pullback for a couple days. So long as it can hold about 9500 area then perhaps another run at higher pricing there but nothing is for certain imo.
As long as it's holding in a $9,000 region, then I too will be expecting a good run. But, as I've noticed this pull back was normal after breaking the resistance level which everyone is longing for. This happens almost everytime Bitcoin hitting resistance figures.
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Questat
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June 03, 2020, 10:54:01 PM |
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It is just took a moment and bitcoin price back to $9500 before its price slumped down to $8500 based on Bitmex exchange and I think the privious pump was a fake pump. There is an article which is loaded in cointelegraph and shere three reason why bitcoin price slumped down in 15 minutes, you can check here https://cointelegraph.com/news/3-main-reasons-bitcoin-price-plummeted-14-in-15-minutes-to-8-600Now its price is being traded like a few days ago, I hope there is a good news comes back again and make bitcoin price passed the $10000 barrier and we will see the real bull run comes. Hmmmm... did not see the price dump below $9k, maybe I was asleep at that time, but good thing it's back to $9600 now, which is a good sign as of lately, bitcoin when dumped, it recovers quickly, that's the recipe for survival and success in the future.
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ethereumhunter
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June 04, 2020, 06:43:50 AM |
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We need to wait for more again.
Because we have no choice lol,as if we will going to sell in this falling days?i wonder how many of us make a profit because last couple of weeks Bitcoin seats at $8000 level while this week it grows up to more that 410,000. We only wait because we don't want to try to trade. If we're going to try to trade, I think we don't have to just wait, but we try to make a profit from trading. I don't know how many of us already make a profit from bitcoin so far because they don't tell us lol. I think $9,500 will be staying at that position for a while, maybe it will remain for this week but who knows, tomorrow will be a good day for bitcoin to increase higher again. I am sure that many people already use this moment to buy more bitcoin because it is lower than yesterday. The next target for bitcoin will be $11k because we already hit $10k before.
actually the next target is $10,500 ,this is the strong resistance that we cannot break this whole half year of Bitcoin movement. and also why need to bother now when we are assured of hitting another high again in the next days or week. We already hit $10,100 before so to increase to $10,500 will not be too difficult. But to raise more than $11k will need more days, and maybe we need more than a month to see that price. We should not be desperate to see the up and down of the price because that will be our chance to buy low and sell high but with cautious.
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TravelMug
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June 04, 2020, 06:52:58 AM |
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and also why need to bother now when we are assured of hitting another high again in the next days or week.
People start talking about assured higher prices and we're already sitting next to 10k which is high as hell for BTC in my long term view, then I get to wondering if we are complacent and due to pull back from excessive expectations in the price. Right this moment we are positive and above weekly momentum though its in a pullback for a couple days. So long as it can hold about 9500 area then perhaps another run at higher pricing there but nothing is for certain imo. Right, there is strong support around $9500, so we're glad to see that the price didn't go down that much after breaching $10k a few days ago. I guess people are still "embroidered" on that 5 digits and they want it to see BTC hitting that again and staying for good. But it is that the case, if will continue to go for another bumpy ride to be able to reach $10k or even higher targets. And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
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UserU
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June 04, 2020, 01:08:47 PM |
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Right, there is strong support around $9500, so we're glad to see that the price didn't go down that much after breaching $10k a few days ago. I guess people are still "embroidered" on that 5 digits and they want it to see BTC hitting that again and staying for good. But it is that the case, if will continue to go for another bumpy ride to be able to reach $10k or even higher targets.
And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
More good news gotta happen to push things up to over the 10K barrier. How I missed the pump craze.
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el kaka22
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June 04, 2020, 08:11:28 PM |
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It all depends on how much revenge the long futures people want to get. Right now, there is not that many short futures going on, people do not think that price will go down and that is why it is not making any profits for the long futures people. They will probably wait and wait and wait until one day short futures are so much that everyone expects the price to drop, they will even let it drop meanwhile as well, just as all the shorts come online and make an order, long futures people will take the revenge of this and attack to increase the price a lot in a big rush. That way they could make up the amount loss during this period as well.
It is not really easy task and it requires a ton of patience and a ton of money to achieve it but they totally can do it if they have the ability for it.
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snipie
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June 04, 2020, 08:33:18 PM |
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Right, there is strong support around $9500, so we're glad to see that the price didn't go down that much after breaching $10k a few days ago. I guess people are still "embroidered" on that 5 digits and they want it to see BTC hitting that again and staying for good. But it is that the case, if will continue to go for another bumpy ride to be able to reach $10k or even higher targets.
And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
More good news gotta happen to push things up to over the 10K barrier. How I missed the pump craze. The overall trending is positive after the short drop. The bitcoin price right now is $9793 / +1.9%. If it didn't jump to 5 digits in the next 24 hours then I am expecting it to stick in $9k for a while.
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Questat
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June 04, 2020, 11:20:52 PM |
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Right, there is strong support around $9500, so we're glad to see that the price didn't go down that much after breaching $10k a few days ago. I guess people are still "embroidered" on that 5 digits and they want it to see BTC hitting that again and staying for good. But it is that the case, if will continue to go for another bumpy ride to be able to reach $10k or even higher targets.
And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
More good news gotta happen to push things up to over the 10K barrier. How I missed the pump craze. If we are going to see anther pump to $10,000, then hopefully it will not dump again. We've seen some light, when it popped up to $10,000 but that was just an instant one, and the scary part is it dropped, but bitcoin is strong and it bounce back immediately, now, we are witnessing as bitcoin try to break some barriers again, hopefully it will succeed.
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TravelMug
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June 05, 2020, 12:46:20 AM |
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Right, there is strong support around $9500, so we're glad to see that the price didn't go down that much after breaching $10k a few days ago. I guess people are still "embroidered" on that 5 digits and they want it to see BTC hitting that again and staying for good. But it is that the case, if will continue to go for another bumpy ride to be able to reach $10k or even higher targets.
And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
More good news gotta happen to push things up to over the 10K barrier. How I missed the pump craze. Lol, I'm sure you are not the only one who witnessed the bull run in 2017 and hoping to see some wild and crazy pump today. But I doubt that we will see it as there are no FOMO. And it thought us a big lesson, those sudden surge really put bitcoin into a bubble, and what follows next is a catastrophic bearish trend. So it's good to see that the price is somewhat steady closing that five digits so that it looks like an organic spike. And again there is the question of sustainability. So we need more patience here.
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shoreno
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June 05, 2020, 03:41:50 AM |
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Right, there is strong support around $9500, so we're glad to see that the price didn't go down that much after breaching $10k a few days ago. I guess people are still "embroidered" on that 5 digits and they want it to see BTC hitting that again and staying for good. But it is that the case, if will continue to go for another bumpy ride to be able to reach $10k or even higher targets.
And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
More good news gotta happen to push things up to over the 10K barrier. How I missed the pump craze. If we are going to see anther pump to $10,000, then hopefully it will not dump again. We've seen some light, when it popped up to $10,000 but that was just an instant one, and the scary part is it dropped, but bitcoin is strong and it bounce back immediately, now, we are witnessing as bitcoin try to break some barriers again, hopefully it will succeed. it was not instant because the value didnt reach 10k usd in just a blink of the eye but it was close to being an instant because the pump occur so fast that the op use the term pop out . i havent look at the value of btc today but the value did drop again ? like you guys i was also hopping for another 10k usd pump because i missed the 10k usd pump that occur last time . if only we can choose a time when that pump will occur because we poor guys dont also have btc all the time .
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STT
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June 05, 2020, 03:57:53 AM Last edit: June 12, 2023, 03:08:49 AM by STT |
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And unless there's no news to FOMO, It will be very difficult to hit that $10k without correction along the way. Next target should be $9900 at least.
The March low recovery trend up is forming the recent lows, its up or nothing now. The 200 day average is neutral, its like a flat line now, no real indicator from direction just neutral but its lying further below near 8000 and I still think that area is possible. Its coming down to a crunch, popped upto 10k but we arent moving past this area just playing around it so pop up can lead to move down and surprise some people. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FA5NY1.png&t=665&c=YPcWi6A8CokRtw) If it dont hold these lows its not a small sell, it should be a larger move probably. So just under 9000 theres the yearly average and thats been a good ledge for the price but while its gone sideways we hit this trend hence I form my conclusion the decision is forced up or down. If it keeps going sideways somehow its going to irritate me :p because it should actually be doing something new round about now.
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