It feel good to see Bitcoin going well

[LUCKMCFLY]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

In every speculative market goes through this type of eventuality, we do not know if this was a bearish trap so that the whales could buy Bitcoin cheaper and the weak hands fell into panic, if we remember many analysts came out to say that the price was likely to fall at $ 20k or even less, in fact here on the forum there is a thread that said by when BT would reach less than $ 20k.

Although it is an assumption, it should be noted that it is very valid, in speculative markets all these types of strategies are presented, in fact since the Stock Market since the 1800s they have always been the same strategies, only that the BTC market changes that it is much more volatile. These strategies are put in evidence when they are exposed in the books of Jesse Livermore, Wyckoff, among others, it is very common that this is the case, for now we must have the full conviction that BTC will reach its ATH again and will probably continue to grow more.

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[tvplus006]

We aren't certain if it's really a bullish run for now it's wiser for traders to trade with caution it could be a trap. For me I would withdraw at this point wait for another good entry point then buy and hodl again. I have to get enough confirmation before I can buy at this price it's really tempting and full of suspicion because the price has moved just too quick in just a few days

Until the price of bitcoin is fixed above the level of 42 thousand dollars, we must understand that the price is still in the sideways, the lower limit of which is the price of 30 thousand dollars. Therefore, given the negative news around the Binance exchange, the BTC price may go down to the lower level.

[Wawa2013]

We aren't certain if it's really a bullish run for now it's wiser for traders to trade with caution it could be a trap. For me I would withdraw at this point wait for another good entry point then buy and hodl again. I have to get enough confirmation before I can buy at this price it's really tempting and full of suspicion because the price has moved just too quick in just a few days

I think that's good advice and indeed we need to be patient to see if this is bullish or not,
of course what we do is to prevent losing money in the future,
it's better for now the most important thing is to keep abreast of existing developments and continue to collect information

We may be happy to see the price of Bitcoin go up to $40k again today, but that doesn't guarantee anything. Because Bitcoin doesn't necessarily return
to a bullish trend, we must be wary of Bitcoin's movements. Do not be too confident that the price of Bitcoin will continue to rise, because it is possible
that the price of Bitcoin will fall in the near future. What we need to do now is to be diligent in monitoring market conditions, so that we can immediately
make the best decisions. But indeed so far the movement of Bitcoin looks good, hopefully the Bitcoin price can return to the ATH price again.

[Kittygalore]

~

It is normal to have two types of people in the market. Those who hold Bitcoin for a long time never think much if the price of Bitcoin goes down. Because they know about the potential of Bitcoin. And traders who do short-term trading try to take every opportunity in the market to make a profit. The trader always tries to take a convenient position by analyzing the market.

So no matter which way the price of Bitcoin goes, everyone tries to increase their Bitcoin.

There are no two types of people, that would be boring because thinking binary limits our perspective because those who don't fall on our category of two types of people will have to try and find themselves trying to fit in a group that doesn't much them, what about those who are both hodling and trading? They surely can belong to those two.

[Oceat]

I've seen it as a no chance to pump again yet a surprising news about Amazon suddenly turn the table and Bitcoin started to pump up. I don't know how long this will last but I don't think this will continue to stay on $38k to $40k price range. I have a feeling that this will last for a few days then starting to go back to $32k to $34k-ish price range.

I hope this is not some kind of a bull trap or something that just pumping a bit then crashes after a few days. It's surprisingly unexpected what Bitcoin does to us but the most important part is you are not one of the weak-hands that just easily being manipulated by the fud. So, HODL if you see it declining, that's the power of HODL!

[YOSHIE]

definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

Precisely this is a profitable moment for entrepreneurs who have large capital, they take the opportunity for now, through the Bitcoin trading process.

Trading with large capital can earn you a lot of $ every week, why not, for example: you buy 5Btc for $ 30,000 in one week you sell at $ 35,000, meaning you have $ 25,000 in one week.

Trading like this is happening now, there is no need for Bitcoin to fall at the $20,000 level and so on, the short-term buying and selling system is more profitable than waiting for years.

[Clavulanic]

We have different mode with regards to the market situation for those who hold top altcoin they will surely feel good when bitcoin start to rise because earnings will surely follow due to the market situation because altcoin will always depend on bitcoin price or season if we are in a bull season altcoin will also become bullish although not all altcoin but most of them also become bullish, only few will left behind.

Not in general situation, don't expect too much with your altcoins to soar faster in line with Bitcoin's in progress because it still depends with currency developments. Some coins were dead for such a long time, that's why it so impossible to have them bring back to life and establish a new waves of demand. Investors can't afford to trust those coins which came from hibernation state, only miracle can move it to reality.

[killerman2]

Yes, off course in the past some days bitcoin is going really well and crosses $40k two times and now is going well too. I hope it will continue its way and will reach $100k one day. Bitcoin has been a really well Coin for the investors and give them much benefit as well.

[tvplus006]

Yes, off course in the past some days bitcoin is going really well and crosses $40k two times and now is going well too. I hope it will continue its way and will reach $100k one day. Bitcoin has been a really well Coin for the investors and give them much benefit as well.

Not everyone will wait for the price of 100 thousand dollars) A lot of people have already sold their coins for 29-30 thousand. And if the price continues to rise, there will be such investors who will close orders at the level of the prices at which they previously bought in order to exit the transaction without a loss.

[rodskee]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

it is normal for others to feel that way and let us not deny that we also do same sometimes . we tend to feel bitcoin will collapse or at least dumps ? but the reality our desire is always to climb and make us all richest.
we even try to dream to become millionaire in one day lol.
but it is always happy when market shows this kind of hyping , now that we are nearing 42k and next step is 45k.
maybe in some chances we will come to reach 50k again at least this will be the stable price the whole year till 4th quarter ends.

[michellee]

Yes, off course in the past some days bitcoin is going really well and crosses $40k two times and now is going well too. I hope it will continue its way and will reach $100k one day. Bitcoin has been a really well Coin for the investors and give them much benefit as well.

Not everyone will wait for the price of 100 thousand dollars) A lot of people have already sold their coins for 29-30 thousand. And if the price continues to rise, there will be such investors who will close orders at the level of the prices at which they previously bought in order to exit the transaction without a loss.

Indeed. People will sell their bitcoin at a price they can accept without thinking of waiting for $100,000 because they do not know when that price will come. Many of them are trying to make more profit from every situation and while doing that, they are still accumulating more bitcoin so they will have many bitcoin in the future. If they already have many bitcoins and have other sources to make money, they will wait for the bitcoin price to reach $100,000 or more because they will not have a problem waiting for a long time.

[trannguyenbtc]

Agreed with BTC ranging close to 40K confidence is increased and more people are thinking that this may well be the beginning of a new ATH. It is possible, though, nothing like this ever happened before so it will interesting to see if BTC market keeps to it's history or if it will make new history.

As for Ghost month, personally, have not seen a believable correlation between the 7th month and BTC price, and it would again be interesting to see where August takes us...

[RokokGudangGaram]

In bigger picture the Bitcoin really goes well just in this year the price of Bitcoin goes to $60k right now we are at correction and lets hope that this time it goes higher more. But for now I think I will be holding this coin even if it crashes the most important thing is that I managed to buy Bitcoin at a lower price and that matters to me, my goal is to have more Bitcoin as possible.

[imstillthebest]

I'm one of them that think btc will crash but did btc didn't crash op? It did right ?  but I am not one of them that thinks btc will fall more because I have observed that once btc reaches a whole new level it will now be hard to comeback to its previous level  .
When the price falls I think its hard to trade because price is low but what you mean is it was best to buy and then hold it . The best time to trade it will be once the value rises

[goldade]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

The only people who did not panic during the bear run are true bitcoin enthusiasts who didn't get involved with bitcoin solely because of the prospect of money they could make but because they bought into the idea of bitcoin.
Those that panic were those who didn't believe in bitcoin because they do not truly understand what bitcoin was made for. They only know they can make money by trading. If you'd ask me, they are ones who are skeptical of the ability of bitcoin to rise again after the fall.

[palle11]

But for now I think I will be holding this coin even if it crashes the most important thing is that I managed to buy Bitcoin at a lower price and that matters to me, my goal is to have more Bitcoin as possible.

You will make more money with bitcoin if you can spot when it is time to drop so that you can sell and wait to refill again when it is time, that is part of trading. Every day bitcoin drop and rise again and some investors take opportunity of both movement. Hodling bitcoin to it crash and starts gaining again will profit you nothing, you are better when you sell and buy again.

If you have again with binance and you hodl your bitcoin there, you would see how many percentage of profit you would have made if you have sold and how much you have lost daily for hodling. All is a function of price fluctuation.

[freedomgo]

But for now I think I will be holding this coin even if it crashes the most important thing is that I managed to buy Bitcoin at a lower price and that matters to me, my goal is to have more Bitcoin as possible.

You will make more money with bitcoin if you can spot when it is time to drop so that you can sell and wait to refill again when it is time, that is part of trading. Every day bitcoin drop and rise again and some investors take opportunity of both movement. Hodling bitcoin to it crash and starts gaining again will profit you nothing, you are better when you sell and buy again.

If you have again with binance and you hodl your bitcoin there, you would see how many percentage of profit you would have made if you have sold and how much you have lost daily for hodling. All is a function of price fluctuation.

If holding for short term, that would make you aware of your assets' timely value, you can just check it from time to time and wait until your target is achieved. I'm talking about target because that is very important, if you have a target, you should follow it and never hesitate or change it when you see an opportunity as that is called greediness and it does not always pay well.

[livingfree]

Same feeling however according to the technical analysis the Bitcoin is at resistance level and the RSI is overbought, there's really a high chance that the market will crash though some people think it will go high more, this coming weekend it will increase a little more but next week or probably worst in mid of August there will be a huge crash.

I also have the same feeling when we see bitcoin have crossed to $40k.

Things are becoming good and about the crash? didn't we just saw that it crashed before it went to $40k? I don't worry about any crashes right now. This is again another momentum for bitcoin to reach back those numbers that were quite high for us.

But if it crashes, just buy. 

[Slow death]

The cryptocurrency market has bounced back in a big way since May's lows. Bitcoin is back over $40,000, with many other cryptos following suit.

if china hadn't created all that banning mining drama and if elon musk hadn't also come to spread fear in people, the price wouldn't have dropped much, but luckily elon musk managed to speak well of bitcoin and calmed the market and miners are also free of china

While a run like this makes it very likely that cryptocurrencies will soon go to $100,000 or more

you mean bitcoin will hit $100,000 soon, well it could take years for the price to hit $100,000, it all depends on how many big companies like amazon could come along to create another bull run

[TimeTeller]

The cryptocurrency market has bounced back in a big way since May's lows. Bitcoin is back over $40,000, with many other cryptos following suit.

if china hadn't created all that banning mining drama and if elon musk hadn't also come to spread fear in people, the price wouldn't have dropped much, but luckily elon musk managed to speak well of bitcoin and calmed the market and miners are also free of china

While a run like this makes it very likely that cryptocurrencies will soon go to $100,000 or more

you mean bitcoin will hit $100,000 soon, well it could take years for the price to hit $100,000, it all depends on how many big companies like amazon could come along to create another bull run

$100k is still far from our horizon, let us just aim to hit again the ATH, or even above $60k.
However, to attain that level again, we need a very solid good news coming from top companies.
But for now, we are glad that we hit again the $40k, where a lot of spectators are predicting that it will go down as much as $20k again.
This demonstrates that the support in the bitcoin's market is really going strong despite of the setback coming from China.