FUDs be damned - BTC moving up again

[androyster]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

[777Jolami]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

It was just a coincidence that made small adjustments last week.  we welcome fresh, fresh winds.  Good responses always create great momentum, in which bitcoin will be at the forefront of that movement.  The catalyst of a redirect that adapts quickly to good news will be the condition for bitcoin to achieve the new ATH.  $ 65k is possible.  Looks like you guessed wrong and something was missing!
https://news.bitcoin.com/online-retail-giant-rakuten-allows-people-to-load-payment-app-with-cryptocurrencies/

[sunsilk]

You cannot ignore those FUDs, they'll eventually come and will affect bitcoin's price. But you shouldn't worry with them, just as what bitcoin has shown.

Bitcoin will recover as much as it has been affected by such FUDs.

$ 65k is possible.

It is and that will be the next destination to break.

[Mahanton]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

When you do deal with this market then you should really be prepared into these things like Fuds, shills and other sentiment towards the market so that you wont really be get in shocked
once you had seen on what the market had been doing.You would experience typical emotions that will wrap out in this place so you should really be aware and prepared for that.
Dont let your emotions fool you because once you do then that would definitely affecting your investment decisions which will really cause for some loss if you are unlucky.
Try to be smart and wise and utilize those movements into your advantage.

[Altcoinsintel]

The price of bitcoin can drop the next three days to 42k and it won't be bearish. Bellow this price and perhaps at 40k it will be a little different and unless it bounces with conviction maybe there will be trouble. For the time being it is doing great and has a good chance to rise again into new all time high. It is the second big correction since Bitcoin broke the old ATH at 20k and perhaps there could be another two or three more if the bull run keeps going. But history isn't always repeated in detail, just the basic picture does. For the time being it is doing great imo, however I am here for profit and to minimize risk. I am not telling people to buy at 48k, I only tell to have a plan before buying and find targets, profitability and how to make this work without risking a lot.

[Oasisman]

You cannot ignore those FUDs, they'll eventually come and will affect bitcoin's price. But you shouldn't worry with them, just as what bitcoin has shown.

Bitcoin will recover as much as it has been affected by such FUDs.

With or without the Fud and Fudsters, Btc will always comes down for correction whenever It made a bullrun.
Though FUD can affect the market, but it will be entirely different this year and it seems that no Fud would affect the rallying Btc market currently, because of the influence coming from big names and companies who were buying Bitcoin. So, to make things short, Btc will rally back to $50,000 and beyond.

[Baofeng]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

Because bitcoin price is nowhere to go but up after this correction. This is the nature of the market, at least once a month we will see some dip, so it's either you buy again or sell. But the latter doesn't makes any sense. So currently in the last 24 hours, bitcoin might hit $50k again and then reach another all time high this month. Too bad for those who panic sells, the best action is to really buy in this dip and continue to HODL.

[arufox]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

I check my portfolio today and all green, Yes, I agree with you, the dump is over now and Bitcoin and Altcoins will start to fly again. But the correction around a week ago, I think is not from FUD, this is natural from the market. After the pump will dump, this scenario will the same.

[Twinkledoe]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

I check my portfolio today and all green, Yes, I agree with you, the dump is over now and Bitcoin and Altcoins will start to fly again. But the correction around a week ago, I think is not from FUD, this is natural from the market. After the pump will dump, this scenario will the same.

I believe a lot of people panicked because of the decline of btc price, and now it is moving up again and we are now almost hitting the 50k level again. Just normal movement of crypto in the market. That was not FUD, just part of market correction. And for those who bought at that level are now earning their profits.

[ivankoh]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

Notice that we are really special this year.  Of course, it didn't fall, but it looks like you should reinforce this market's morale and consistency.  The picture now returns to the runable bull run scenario. at march 2018, it's already green space, this scenario is repeatable.  Or after last week's adjustment, there will be two more months to stay at the new ATH. Bitcoin at 80k$. Lol

[Oceat]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

It's a good correction though to let everyone in while they still can what we have experienced is a normal day to day movements. It might be a fresh start after the correction but I expect more weak hands will try to dump as Bitcoin is starting to moving up. So I think we might still stay at the $49ish or something for a while then slowly breaking the $50k again then move to break the $60k resistance and create a new ATH but that might take for a while.

[coin-investor]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

If the sky is falling there's no need to worry, the sky will be clear again, like weather, things will always come to pass, many people consider correction as the market is crashing, like what happened this week many count this dip as the start of the bear trend, but the market proves otherwise, be sure to do diligent research before taking action.

[TravelMug]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

It's a good correction though to let everyone in while they still can what we have experienced is a normal day to day movements. It might be a fresh start after the correction but I expect more weak hands will try to dump as Bitcoin is starting to moving up. So I think we might still stay at the $49ish or something for a while then slowly breaking the $50k again then move to break the $60k resistance and create a new ATH but that might take for a while.

Yes, just what we have thought, another normal correction every end of the month, so there's no need to worry and panic when the price goes < $45k. We are slowly getting into the next support line which is $50k, I'm sure it can be breach in the next 48 hours.

So the sky isn't falling after all, on the contrary, this kind of correction I would say needs to happen to make the market healthy, sort of reset every month and then we go chase another all time high.

[crwth]

You do know that Bitcoin has died multiple times, maybe up to 300 times on the internet. It's always going to be called out and say that it's "dying", but that's just what people feel when it's going down and just new to this type of thing. What happened recently is that it's a healthy correction which is needed by the market. Most of the time, the recent ATH has dropped around ~20-30% and then recovered and break another ATH.

That's what happens, and we need to be ahead and take advantage of this by averaging entries if you are investing and get some profits.

Some FUD's started with the double-spending thing, but it's really not new, and the network can withstand those types of happenings. Since there are a lot of new people in the crypto space, it's probably them who has caused the dumps and really internalizing the FUD.

[Jawhead999]

Both FUDs and good news always be in Bitcoin space even though it's on bullish or bearish, you'll see those things around the news.

It's too early to define Bitcoin is on the sky "right now", it's still the beginning to reach the sky. Many institutional and company are already invest on Bitcoin, also other company follow this trend. They're believe how great the future of Bitcoin is.

[hahay]

Anyway, there will always be charts to convince yourself whether the price is going to crash or not and therefore, we shouldn't 100% trust information that will leave you shaky. I personally also previously believed that the price would still go down and therefore I was not ready to buy it, it was not because of panicking and trusting FUD because it was my personal fault. The price movement is getting more difficult to predict as concerns about the market collapse after hitting ATH are taken into consideration, market sentiment becomes reversed.

[electronicash]

just when we thought all fuds had been said already but it will work when they say it over again. and BTC had also died several times. they are still up to spread fud despite the institutions like Microstrategy and JPmorgan on the side of cryptocurrency. one of these fud is the energy used by the network that i have just read on facebook, it's pathetic because the users who reacts are not really cryptousers.

[el kaka22]

Anyway, there will always be charts to convince yourself whether the price is going to crash or not and therefore, we shouldn't 100% trust information that will leave you shaky. I personally also previously believed that the price would still go down and therefore I was not ready to buy it, it was not because of panicking and trusting FUD because it was my personal fault. The price movement is getting more difficult to predict as concerns about the market collapse after hitting ATH are taken into consideration, market sentiment becomes reversed.

We are already near 50k level and you know what's funny? The altcoins are not where they used to be and they will increase a lot, BNB will be 350 or so, ETH will be 2000 and all other coins will reach to their week ago or so peaks once again, first bitcoin becomes higher because that is where the money comes in and it is obvious that the price increases because of that, the reality is that eventually bitcoin will peak again and when that peaks that money goes into altcoins instead and people do end up with basically higher and higher altcoins, remember how BNB moved from 30 dollars to 340 dollars, that is not something that easily forgotten neither, so basically we are in a situation where we should be making a decent amount of profit from buying altcoin today and waiting a few weeks at tops, it will be back in those prices again and we will profit from that.

[proudhon]

Looks like we're heading back down just as I predicted by proven math.

[LUCKMCFLY]

I think many have in mind that reaching $50k is the best option to sell, the news, the comments, some analysts say that the price will go back down to $40k- $42k, but although it is very possible, it can give a pullback and reach $60k as the first goal, this scenario is very likely considering the incredible FUD, millionaires want more bitcoin, therefore they take advantage of the FUD to buy little by little, it is a great business to buy at $40k to make a profit in $60k is not bad at all.

If we review the trading volume it is merely for sale, which means that there is a lot of supply, when the offer is removed, the remaining path is bullish.