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Author Topic: Bitcoin and Altcoins at continued risk of weakness  (Read 1843 times)

Grypsy

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #30 on: February 21, 2019, 04:55:26 AM »
I think that the market is recovering now and this bullish still not yet finish, Bitcoin and altcoins still can rise higher, but before that I'm afraid there will be a correction of Bitcoin and market
I think that it’s just a start of Bitcoin and the market, too soon to say that market is completely recovered now
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jenica

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #31 on: February 21, 2019, 05:50:21 AM »
The market is still consolidating and I believe this will remain throughout the year. Bitcoin may dance around $3K to $5K but I would not be surprised if it goes below $3K
It may be true what is in your mind, even though this has increased, but I am sure this is just a moment and will not exceed $ 5k

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OluwaTosin10

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #32 on: February 21, 2019, 11:46:58 AM »
This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
ETH/USD traded below the USD 135 support to settle in a bearish zone.
XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

What do you think about this?

Bitcoin weakness is mostly related to its proven value and that is not fair
Google just placed bitcoin symbol into keypad typing alphabet

That is enough sign to tell you bitcoin is here to stay

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Ghanda

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #33 on: February 22, 2019, 03:10:04 AM »
This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
ETH/USD traded below the USD 135 support to settle in a bearish zone.
XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

What do you think about this?
There are many factors that cause bitcoin and altcoin at continued risk and weakness. Namely : Suplay and demand, thre is positive or negatif news and about fan policiesade by the state. 

Johdw

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #34 on: February 22, 2019, 10:23:54 AM »
My thinking is Bitcoin will had another correction at higher low next week, every time Bitcoin trying to break the $4,000 always a big sell volume put in, seem like bear not yet stop

Grypsy

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #35 on: February 22, 2019, 12:39:29 PM »
My thinking is Bitcoin will had another correction at higher low next week, every time Bitcoin trying to break the $4,000 always a big sell volume put in, seem like bear not yet stop
Now I have sold all of my assets to stable coin and waiting for this correction, soon or later I will wait and I believe that Bitcoin still in the downtrend market
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NguyenTuan

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #36 on: February 22, 2019, 12:48:10 PM »
They dump and they will pump soon, the deeper the dump, the higher the pump in return. It will give the coin and the developer, community more chance to invest in that coin

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dancoiner

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #37 on: March 05, 2019, 09:22:21 AM »
The value of Bitcoin and Altcoin that has never been stable is actually what someone uses to make a profit, because when prices go down like today is the time the investors are waiting to invest in. by getting coins at a very low price, the opportunity to get big profits is very large.

But what about when buying low priced coines which never raise then? Does it has any profit?

jenica

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #38 on: March 05, 2019, 02:40:15 PM »
My thinking is Bitcoin will had another correction at higher low next week, every time Bitcoin trying to break the $4,000 always a big sell volume put in, seem like bear not yet stop
I agree with you, because seeing the current situation, it will be difficult to rise back to the highest score again, maybe this is the impact of the weakening world condition

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AdamLu

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #39 on: March 06, 2019, 12:50:52 AM »
They dump and they will pump soon, the deeper the dump, the higher the pump in return. It will give the coin and the developer, community more chance to invest in that coin
Agreed with your first opinion, Bitcoin keep increasing in the price and seem like there’s no pump force left, it has to go down to gain momentum before it can continue the increasing

Grypsy

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #40 on: March 11, 2019, 03:43:17 PM »
They dump and they will pump soon, the deeper the dump, the higher the pump in return. It will give the coin and the developer, community more chance to invest in that coin
Agreed with your first opinion, Bitcoin keep increasing in the price and seem like there’s no pump force left, it has to go down to gain momentum before it can continue the increasing
Sometimes it go down to gain momentum, sometimes it’s just a false break when they’re trying to kill all of long margin and I sometimes put the stop loss and get caught by these false break down too
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NguyenTuan

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #41 on: March 11, 2019, 03:53:29 PM »
They dump and they will pump soon, the deeper the dump, the higher the pump in return. It will give the coin and the developer, community more chance to invest in that coin
Agreed with your first opinion, Bitcoin keep increasing in the price and seem like there’s no pump force left, it has to go down to gain momentum before it can continue the increasing
Sometimes it go down to gain momentum, sometimes it’s just a false break when they’re trying to kill all of long margin and I sometimes put the stop loss and get caught by these false break down too
I got the same situation with the sweeping of closings margin too, the previous false just make my stop loss trigger too

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Redix

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #42 on: March 11, 2019, 11:06:09 PM »
But what about when buying low priced coines which never raise then? Does it has any profit?
That's why do research before you decide to buy coins. Don't buy any coins with low prices, but just choose the most potential coins with low prices. I think today we are better to focus on top coins with low prices. Buying top coins when they are in low prices is a smart choice.

Grypsy

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #43 on: March 12, 2019, 01:50:04 PM »
But what about when buying low priced coines which never raise then? Does it has any profit?
That's why do research before you decide to buy coins. Don't buy any coins with low prices, but just choose the most potential coins with low prices. I think today we are better to focus on top coins with low prices. Buying top coins when they are in low prices is a smart choice.
Or go with top rank coin while their price decrease is also a safe method, because these top coin always rally back when Bitcoin recovery
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AZ FundChain|FINANCIAL INCLUSION 
THROUGH DECENTRALIZED MONEY CIRCLES
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NguyenTuan

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #44 on: March 12, 2019, 01:59:09 PM »
But what about when buying low priced coines which never raise then? Does it has any profit?
That's why do research before you decide to buy coins. Don't buy any coins with low prices, but just choose the most potential coins with low prices. I think today we are better to focus on top coins with low prices. Buying top coins when they are in low prices is a smart choice.
Or go with top rank coin while their price decrease is also a safe method, because these top coin always rally back when Bitcoin recovery
Top coin are safe but they bring a little profit than altcoins because people always like to pump altcoins with a low volume rather than the big volume one

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