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Author Topic: There Bitcoin goes again.  (Read 464 times)
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September 02, 2020, 12:22:44 PM
 #21

Go that Bitcoin is giving good news, the $ 12k is a warning of the good movement that is coming bullish style, last night reviewing it had an excellent volume to go up, of course most of the movements reviewed from tensorcharts.com were seen with purchases and purchases , this pullback may mean that they are waiting for the best time to go back to looking for the price at $ 12.4k to $ 12.8k, of course, it is all to wait patiently.

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September 02, 2020, 01:05:42 PM
 #22

I don't know if I'm looking at a different chart but Bitcoin using tradingview right now is priced  at 11,450$, yes Bitcoin had gone up at 12,000$ but it didn't stay at that level very long since it closed the day at 11,660$. Like I have been telling for several days now it doesn't matter how quickly we push the price and how big it is as long as we have weak volume our price surge will just be a surge and nothing all.
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September 02, 2020, 01:21:16 PM
 #23

But the price has crashed again to 11400 USD, I am of the opinion that most likely people are dumping BTC for DeFi projects as it is the one on the radar now. I hope we can get to an all-time high this year
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September 02, 2020, 05:52:02 PM
 #24

I wish the bitcoin price would break the $ 12,000 threshold. But looking back at how it has remained amid the crisis of the pandemic. I think that Bitcoin is showing signs of favorable times to come. For which I am optimistic and grateful with bitcoin. Without there still being a massive adoption, I need it in my day to day.



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September 02, 2020, 07:22:15 PM
 #25

On the march to 11K now but not really a dump I guess, just a daily swing in my opinion so don't get panic and start selling just buy more or just keep holding if you don't want to see the price in red again.

Bitcoin will go to moon soon.....

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September 02, 2020, 07:32:02 PM
 #26

On the march to 11K now but not really a dump I guess, just a daily swing in my opinion so don't get panic and start selling just buy more or just keep holding if you don't want to see the price in red again.

Bitcoin will go to moon soon.....
Its just really a price swing or a sell-off but people do see these almost 1k swings as a dump and this is where panic would come next specially if they do saw that it would really be heading down
from 12k to 10k+ price.

Is this something new? If you've been here on this market then this would be a typical movement and we cant just see a market that would continue to rise.There's always a point on where people do
plan to sell.

We have seen it did reach 12k but didnt last that long just like on what we saw when we do tend to break 11k and this would be the same story on each price level.

I wish the bitcoin price would break the $ 12,000 threshold. But looking back at how it has remained amid the crisis of the pandemic. I think that Bitcoin is showing signs of favorable times to come. For which I am optimistic and grateful with bitcoin. Without there still being a massive adoption, I need it in my day to day.

Did you able to see on how bitcoin price movement amidst of the pandemic situation? I dont see for it to be that in correlation.

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September 02, 2020, 08:14:18 PM
Last edit: June 12, 2023, 02:39:21 AM by STT
 #27

But the price has crashed again to 11400 USD,

its not really a crash, its within the upper range and just holding there is quite bullish still.    I think today can be seen in the dollar index which gapped up and shows generally that many prices would be under pressure compared to previous days trading but even this measure is lower then August start and that would relate to a fairly safe trade within this upper area.   
  The longer it holds way above 10500 and in fact 11111 held I think its quite positive that it can gain further.   It'll only really alter price alot if a trend forms in either direction.



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September 02, 2020, 09:53:56 PM
 #28

I wish the bitcoin price would break the $ 12,000 threshold. But looking back at how it has remained amid the crisis of the pandemic. I think that Bitcoin is showing signs of favorable times to come. For which I am optimistic and grateful with bitcoin. Without there still being a massive adoption, I need it in my day to day.




This totally gives a good hope since eventhough the pandemic hit the economy badly still it shows a strong sign of its dominance. But we shouldn't be worried since for sure we will see some $12,000 in figure since the hype still not been fire out and we might gonna see some strong movements by next year.
On the march to 11K now but not really a dump I guess, just a daily swing in my opinion so don't get panic and start selling just buy more or just keep holding if you don't want to see the price in red again.

Bitcoin will go to moon soon.....

Yeah its just a normal swing but many people get panic already and guess they will be the one who lose there money for their actions.

R


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September 02, 2020, 10:08:03 PM
 #29

To those of you above who said it's a normal swing. Have you noticed that we had a big dump on 2 August and the price was pumping for a few days before. Now we had the price pumping for and again on 2 September there's a dump.

Somebody could say there's a pattern. Smiley
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September 02, 2020, 10:20:03 PM
 #30

To those of you above who said it's a normal swing. Have you noticed that we had a big dump on 2 August and the price was pumping for a few days before. Now we had the price pumping for and again on 2 September there's a dump.

Somebody could say there's a pattern. Smiley
If it would happen again on November 2 and December 2 then i would consider it for a pattern and just like on that typical sayings or observation back that Bitcoins price

tends to rise on Weekends and do have some dumps in weekdays.Some people already had just noticed such scenario but we cant just make out conclusions or do heavily relying on that.

If you can make out some positions and make yourself end up on greens or profit then better stick unto that.
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September 03, 2020, 01:36:27 AM
 #31

As of this writing, 2:45 Eastern, USA, she's at $12,000 again.

Cool

I was hoping that it will hold but it did not and as of this writing it went down to $14000 see how very volatile the market is now, several months ago people are hoping that it will go to the $110000 but it took months to climb to that level, so people should not be overconfident on what they are seeing every day in the market.

BACK FROM A LONG VACATION
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September 03, 2020, 01:49:03 AM
 #32

Ethereum and bitcoin together is growing in a mutual way. After the price pumping there is minor price fluctuation. With bitcoin the fluctuation is found high while ethereum drops very minimal. Almost every altcoin available in the market with good volume has turned red. This is good for the traders, and more chance of bull run to begin following this fluctuation happening with time.

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September 03, 2020, 06:23:16 AM
 #33

but overnight for a while bitcoin and alt fell enough to make everyone panic for that moment.
I think it will be a quite deep decline as it is going very fast and will drop below 10k $, but the resistance is strong holding so it makes the price bounce back to 11300 -11500, after dropping quite a lot to 11000 from 12000.

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September 03, 2020, 06:35:51 AM
 #34

but overnight for a while bitcoin and alt fell enough to make everyone panic for that moment.
I think it will be a quite deep decline as it is going very fast and will drop below 10k $, but the resistance is strong holding so it makes the price bounce back to 11300 -11500, after dropping quite a lot to 11000 from 12000.
The decline is still continuing but it probably won't be long and the bitcoin price will stay at the same level, people are panicking for sure to sell (CL) and it's not a good decision I'm sure the pumping will happen again but we'll see in our analysis what this is. was there an increase after this decrease?

The resistance is strong enough and it will continue and probably won't pass below 10k$ as investors have full faith in the cryptocurrency.

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September 03, 2020, 10:00:01 AM
 #35

Honestly, in some privious september bitcoin price always in red chandle and as you can see now its price seem like will going to the support i.e $10.500. We can't expect too much for its price movement because we can still have a chance to take profit through short position unless you didn't like the derivative market.

Also the decreasing price is happening in gold market, after we saw the price gold touch its new all time high but now the price just slumped down like bitcoin. The economic situation in some countries especially United State country is trying to recover. Maybe some investor out there just change their asset into money fiat to start their bussiness again.
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September 03, 2020, 10:26:15 AM
 #36

As of this writing, 2:45 Eastern, USA, she's at $12,000 again.

Cool

There goes Bitcoin again. This time she dumped. Cheesy



I still think the bull market is on, but we need to temper our expectations. When the market emerged from the August 2015 lows, it took 1.5 years to test the ATH. It may be quicker this time, but that's definitely not guaranteed. Patience!

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September 03, 2020, 11:46:44 AM
 #37

But the price has crashed again to 11400 USD, I am of the opinion that most likely people are dumping BTC for DeFi projects as it is the one on the radar now. I hope we can get to an all-time high this year

Are you speculating do you have a data on this or any article that can prove that investors and holders are dumping their Bitcoin for DeFi projects, DeFi is still in its early stage, it's not worth to dump your Bitcoin to replace a tokens that have not yet proven their worth, it will take some time for DeFi to fully established themselves.

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September 03, 2020, 12:14:46 PM
 #38

I don't know if I'm looking at a different chart but Bitcoin using tradingview right now is priced  at 11,450$, yes Bitcoin had gone up at 12,000$ but it didn't stay at that level very long since it closed the day at 11,660$. Like I have been telling for several days now it doesn't matter how quickly we push the price and how big it is as long as we have weak volume our price surge will just be a surge and nothing all.

Now the price is even lower, at about 11200$. But to my opinion such correction was expected. It was not very likely that Bitcoin price stays for a longer period of time at 12000$ or even goes further up. We are having such situation for a longer period of time and to my opinion 12000$ or 12500$ might be the peak for this year.

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September 03, 2020, 03:24:54 PM
 #39

I do not know when it became 12k, I was probably asleep when that happened but as of right now, it is under 11.5k once again. Bitcoin is like this, I love bitcoin and I admire the idea of bitcoin a lot, I hope that one day bitcoin would be a main payment option however we gotta figure this out man, this volatility is really killing all the things we have worked for, people who see bitcoin rising up joins our ranks and then it drops and they leave, so we are having hard time keeping new recruits.

In the end I hope that one day we will figure out a way to actually stabilize bitcoin a bit more, I am not expecting a ton of slowing down but at least I am hoping a bit of stabilization. Stable coins come in peace around that subject, they could be used as a gateaway between regular cash and crypto.

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September 03, 2020, 03:37:58 PM
 #40

I believe that Bitcoin will only rise, and perhaps not as actively as expected, but nevertheless, by the end of 2020 we will see very good results, especially since the US government continues to print paper notes in order to fix the economic problems caused by pandemic coronavirus. Many today are looking for an alternative for investment, because national currencies have lost their trust and BTC is one of the best options.

#business #forextrader #bitcoinnews #invest
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