Bitcoin's Recent Price Movements

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shard_2013Full Member
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#1Apr 23, 2019, 12:09 PM
Check out the daily candles on the Bitcoin chart. I pointed out a triple top marked with white circles. Bitcoin was hovering close to $89k three times but never quite hit it.
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falcon_satFull Member
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#2Apr 23, 2019, 02:39 PM
Yeah, I'm surprised too how solid that support at $83.5k is. It’s held strong, which might mean a breakout is coming... and it just jumped to $85k.
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MadNovaHero Member
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#3Apr 23, 2019, 08:56 PM
From a fundamental view, I really think we can break above this level soon. The economy's shaky... fiat is failing. Perfect time for Bitcoin to surge. Historically, Bitcoin does well towards the end of the week.
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shard_2013Full Member
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#4Apr 24, 2019, 01:13 AM
Right, Bitcoin has already busted through resistance. Currently at $90,250. It’s a solid asset, no doubt. Let’s see if $90k can hold as support again... if it does, we could see even higher.
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0xMinerNewbie
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#5Apr 24, 2019, 06:11 AM
It’s wild to think Bitcoin is back over $90k. With all the chaos from Trump’s tariff stuff, I didn’t expect this. If we secure support at this price, $100k might not be far off.
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#6Apr 24, 2019, 11:03 AM
I agree, both your insights and Oshosondy’s look spot on. Some analysts predicted this breakout. I’ve been watching and if Bitcoin keeps closing daily above $83k, it could continue climbing.
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#7Apr 24, 2019, 05:20 PM
The support level has shifted again! Just after this topic started, we hit $91,439. All the while, folks were whining about tariffs. I wonder if they’re still complaining now?
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#8Apr 24, 2019, 08:25 PM
With tariffs paused for three months, I’m optimistic Bitcoin could hit six figures again. Investors might finally feel secure enough to jump back in.
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0x4lphaFull Member
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#9Apr 24, 2019, 08:42 PM
People are so predictable. When prices rise, they’ll celebrate. When they drop, it’s all complaints. Analysts can’t seem to agree either, it’s chaotic.
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LuckyDeg3nFull Member
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#10Apr 27, 2019, 05:09 AM
Triple top in a bearish phase? I’m not convinced. It doesn’t feel like a valid pattern for a decline. I actually see a falling wedge forming instead.
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#11Apr 27, 2019, 07:50 AM
Thinking is hard, huh? So many people just judge without knowing the facts. A little dip after a breakout can still be a good buy opportunity.
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samforkNewbie
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#12Apr 27, 2019, 11:47 AM
I’m feeling bullish about this. Not only do I see a pattern suggesting an upside, but it’s also fueled by dollar weakness. Investors are searching for safe havens.
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#13Apr 27, 2019, 12:06 PM
Yeah, ever since last week, Bitcoin broke above that $80k resistance line. I was expecting it and got in on some short-term trades after it broke out.
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pr0to88Member
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#14Apr 27, 2019, 04:56 PM
So now that Bitcoin's above 90k, what’s next? Do we need to hit 95k before dropping again?
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#15Apr 27, 2019, 10:22 PM
Totally, today’s rally has everyone smiling. Day traders likely made good profits too. Though breaking through $91k, I’m not sure it’ll hold unless we hit $95k.
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#16Apr 29, 2019, 09:33 PM
I’m not surprised to see it back above 90k. It happened fast, but I expected some movement. Trump’s comments definitely play a role in market sentiment.
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#17May 1, 2019, 12:56 PM
We’re at resistance around $90k right now. We’ve gone above, sure, but we need to see if we can maintain that support.
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cobra1337Senior Member
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#18May 1, 2019, 01:02 PM
This price surge is probably thanks to Bitcoin ETF inflows... reports say they bought $381 million worth. That’s bound to affect Bitcoin’s price.
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whale420Senior Member
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#19May 1, 2019, 04:22 PM
No signs of a drop... Bitcoin smashed through $88k and touched $94k. We might see some consolidation around $90k until we hear more about tariffs.
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CalmMinerFull Member
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#20May 1, 2019, 09:42 PM
Nothing drastic happened in the market, just a positive shift in Bitcoin fundamentals. News about tariffs not being too harsh really helped, I think.
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