Bitcoin sudden spike - reason? - Bitcoin - CryptoTalk.Org Jump to content
xBDT Script

Bitcoin sudden spike - reason?

Recommended Posts

It was under $8k even few hours ago but now it seems spiking very abnormal. I am not complaining but interested to know the reason. The one I figured is possibly some whales just came to buy a big bag of bitcoin and this is why we are seeing this.

Check the hourly chart in Binance. It's crazy gain!

moGe90P.png

Anyone have any idea?

 

Share this post


Link to post
Share on other sites
2 hours ago, xBDT Script said:

It was under $8k even few hours ago but now it seems spiking very abnormal. I am not complaining but interested to know the reason. The one I figured is possibly some whales just came to buy a big bag of bitcoin and this is why we are seeing this.

Check the hourly chart in Binance. It's crazy gain!

moGe90P.png

Anyone have any idea?

 

I think that whales are beginning to test the highest price areas, to see how much offer can be found, I doubt it is a bullish trap, there have been many movements of great whales to the Exchanges, especially Binance, Bitfinex.

Share this post


Link to post
Share on other sites
2 hours ago, Jerywn said:

 I think The price range movement is a very strong bull signal seeing the number of bars that it has over taken on it way up in such a short move time frame....the price seem to have zoom pass previous support and resistance levels....this could be a sign for plenty bulls to jump into the market this will mean that the market will continue a bit higher with some momentum, or the price can level off as the bulls look to see if the market has really changed direction.....it seems Bitcoin found consalidation around $7000 and is now ready for price correction.... 

Also could mean that the buyers are now coming back to buy up thier Lost bitcoins as they begin to get good feedback from the Central banks who are signaling the need to get in line with the crytpo currency ecosystem if they want to stay afloat.... announcements like these tell the people that they were right in the first place...this relaization can create a panic buying frenzy and competition between the common person  and the institutional investors...._ if this is the case then the bull run back to $20000 and to the moon. Have began.

From your leaps to gods ear...

Share this post


Link to post
Share on other sites
2 hours ago, xBDT Script said:

It was under $8k even few hours ago but now it seems spiking very abnormal. I am not complaining but interested to know the reason. The one I figured is possibly some whales just came to buy a big bag of bitcoin and this is why we are seeing this.

Check the hourly chart in Binance. It's crazy gain!

Anyone have any idea?

 

It is standard rollercoaster move, going up and down all the time.
I think walles like to play this games all the time, to catch small fishes 😉 

Share this post


Link to post
Share on other sites

Seems like we are trying to take a break now moving form $8.2k ish from last few hours. 

NWiIpqa.png

 

From the day chart it's clear that the candles are trying to break VWAP line. If we see a significant move then we can tell that the bull will finally win the battle. It seems to be a very important day. It's just under the line now.

hWvpMnW.png 

 

Share this post


Link to post
Share on other sites

We all had hope. But whether this will be the long-awaited big growth will become clear in a few days. In any case, this is good news

Share this post


Link to post
Share on other sites
15 hours ago, xBDT Script said:

It was under $8k even few hours ago but now it seems spiking very abnormal. I am not complaining but interested to know the reason. The one I figured is possibly some whales just came to buy a big bag of bitcoin and this is why we are seeing this.

Check the hourly chart in Binance. It's crazy gain!

Yes, this looks like a whale buying lots of bitcoin. Usually these kinds of price gains are temporary. In most cases it will fall again to where it was before - or sometimes to a little bit higher than it was before. It's a good indicator that the price is starting to rise, and may continue to do so, but it's not a guarantee. I always find it exciting when the whales start moving!


Click to get free Crypto from the best faucets:
Bicoin, Ethereum, Monero, DogeBytecoin, Digibyte, Steem, Tron, Verge, Siacoin

Share this post


Link to post
Share on other sites

We're still in an overall downtrend in the medium term, but we're testing the moving averages. At most - unless the trend changes with new money entering the market - we should test the 200 daily. This is my opinion, not financial advice, DYOR.

Share this post


Link to post
Share on other sites
4 minutes ago, williamz902 said:

Yes, this looks like a whale buying lots of bitcoin.

If a whale is trying to buy coins then we will see this will go under $8k again but if this is a normal growth like the bull do then we will see it actually have more uptrend.

I did not do deep analysis but I think we really have a very strong resistance in under $8.3k from last few weeks it's trying to break this but not getting much success.

Share this post


Link to post
Share on other sites

Bitcoin does the opposite of what everyone feels, on crypto twitter everyone is calling for 6 k. I just don’t see it myself .... this is a Bull not bearish. I think between now and next April we could see a return to An ATH maybe even the moon.! 

Share this post


Link to post
Share on other sites
8 minutes ago, Simon said:

Bitcoin does the opposite of what everyone feels, on crypto twitter everyone is calling for 6 k. I just don’t see it myself .... this is a Bull not bearish. I think between now and next April we could see a return to An ATH maybe even the moon.! 

It's true bitcoin is very unpredictable. We all were expecting a spike after BUKKT launch but in fact we have seen the opposite. The day we had BUKKT launch we have seen sudden fall from $10k to $8k but that was for BUKKT.

About halving we have history backing us. So we can expect a new ATH after the halving event.

Share this post


Link to post
Share on other sites
4 minutes ago, pucukjaya said:

Now is the time for bitcoin to go up, and right with altcoin.
Is this bitcoin really going up or just the bait that will drop the price.

I would prefer the Altcoins will start the bull run and move up first. I have so many Altcoins I want to sell for a good price. I suspect when BTC move up first the Alts will bleed again.

Share this post


Link to post
Share on other sites

Yep, I was surprised bitcoin pumps in just hour, well I don't know what is happening, I don't even heard about the good news in crypto or bitcoin.. maybe whales bought bitcoins for Christmas, I think...


 

                                                    BetFury                                                   

   | You Play - We Pay

                                                  Free BTC 360 Satoshi every day                                                 

Share this post


Link to post
Share on other sites
5 hours ago, pucukjaya said:

Now is the time for bitcoin to go up, and right with altcoin.
Is this bitcoin really going up or just the bait that will drop the price.

I think we really do not know however looking at the price movement - it seems it is trying to break the VWAP line from yesterday. If it goes over $8.3 then we will see a rapid rise possibly. 

Here check the point I am looking at. $8,321 ish 

mRICZwj.png

Share this post


Link to post
Share on other sites
13 minutes ago, Itsmeeek said:

We shoukd be expecting $10k not $16k, the Market is still recovering but by 2020 it will boost

Well I am expecting bitcoin to break $8,321 first before making a move towards $9k or $10k. However I am confident that if it breaks the price point then it will really have rapid rise to $10k+ again. The price started to decline since the BUKKT lunch.

All of us were expecting the opposite though.

Share this post


Link to post
Share on other sites

it can't considered as sudden spike,  just a normal price in daily trading market. $7900 was the support level and $8000 still the resistance level. 

Share this post


Link to post
Share on other sites
3 hours ago, Itsmeeek said:

Opposite 😎😎😎😎, is $8321 a strong resistance I haven't check my chart for long actually, because I bought it last around $8321 and Bitcoin is still laying at $8200

Opposite? You mean to say I had wrong terminology I guess. 

Well I meant resistance at $8,321 and if the price really cross that mark then we will see a rapid run to $9k. I hope it make sense now 😊

3 hours ago, natural said:

it can't considered as sudden spike,  just a normal price in daily trading market. $7900 was the support level and $8000 still the resistance level. 

ZnJMXxc.png

 

Well this was the hourly chart and the way it moved upwards, it suddenly was a very quick spike. You seems more than 24 hours late 😆

Share this post


Link to post
Share on other sites
7 minutes ago, Crazyjesus said:

I wish it were true and the rise we expect for the next year has been advanced, but I think we continue in the lateral movement of the last several weeks.

This is not a big rise by the way.

It's new few hundred dollars. It was around $7.8k to $7.9k for last few days and on a sudden yesterday it spiked to over $8.1k which raised the question. 

It seems staying over $8.2k now. I hope we will see it cross over $8,321

Share this post


Link to post
Share on other sites
On 10/22/2019 at 8:30 AM, natural said:

it can't considered as sudden spike,  just a normal price in daily trading market. $7900 was the support level and $8000 still the resistance level. 

what about now ? :)) now we are above than 9.3k and you still think every thing is normal like always ? 😄

Share this post


Link to post
Share on other sites
Just now, Mohs3n71 said:

what about now ? :)) now we are above than 9.3k and you still think every thing is normal like always ? 😄

Well you can not blame the user. He made this post when the price was under $8k and in fact 48 hours ago we were really not sure that we would see another quick rise and it would be over $10k.

No one in this world can predict with guarantee that which direction we are going. We can just speculate and a calculative speculations sometimes turns out to be true by the way.

Now if someone tells me what resistance we are seeing now then I will say it's at $11k

VVgIywv.jpg

Share this post


Link to post
Share on other sites
On 10/21/2019 at 1:17 AM, xBDT Script said:

It was under $8k even few hours ago but now it seems spiking very abnormal. I am not complaining but interested to know the reason. The one I figured is possibly some whales just came to buy a big bag of bitcoin and this is why we are seeing this.

Check the hourly chart in Binance. It's crazy gain!

moGe90P.png

Anyone have any idea?

 

Its obesely some big investr came and pump the bitcoin.This Invester name is China.Now people are making buying and selling that make its price more abnormal.But  this will be settel down after some time and bitcoin will make his way to the top.Where all predictions are predicted.

Share this post


Link to post
Share on other sites

Okay this topic is now generating lots of spam lately. Can mod please lock this topic. I really do not want to see spams in my topic and I do not have much energy to report them either.

 

Thank you.

@Bigpat @epidemia @Desais

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Эксперты Bitfinex предсказывают, что дебаты между Трампом и Байденом приведут к высокой волатильности в политических мем-токенах. Рыночная капитализация таких токенов составляет $1,1 млрд, и специалисты ожидают, что они будут испытывать рост до, во время и после дебатов. Также отмечается, что Трамп выразил поддержку криптоиндустрии, а его сын предположительно связан с созданием мем-токена.
    • Обменный сервис Delets.online (Delets.cash ) является обменным сервисом электронных денег и криптовалют. По рекомендациям и отзывам клиентов сервис представляет собой надежного и безопасног помощника в обмене различных валют. Выгодно обменяем ваши средства в любом направлении!  Так же предлагаем самые выгодные курсы на платежные системы Volet(Advash), Perfect Money, Payeer. Наши контакты Почта: support@delets.online
    • 📊Поскольку биткоин (BTC) продолжает движение по непривлекательной траектории, расположенной существенно ниже исторического максимума (ATH) в $73 738 от 14 марта этого года, алгоритмы машинного обучения и искусственного интеллекта (ИИ) получили задание определить будущую цену главной криптовалюты. За последние несколько недель движение цены биткоина существенно замедлилось, а сама криптовалюта упала ниже отметки $64 000, где она и консолидируется сейчас. Прогноз цены биткоина Что касается будущих показателей, то, согласно ИИ платформы анализа и прогнозирования PricePredictions, последующие недели будут также характеризоваться снижением цены 💸BTC, и к 1 июля 2024 года его цена упадёт до $62 752,78. Другими словами, главная криптовалюта может упасть ещё на 5% и более от текущей цены. В своём расчёте алгоритмы использовали такие параметры технического анализа (ТА), как индекс относительной силы (RSI), схождение-расхождение скользящих средних (MACD), полосы Боллинджера (BB), средний истинный диапазон (ATR) и другие показатели. 💬Профессиональный криптотрейдер Али Мартинес заметил, что если текущий рыночный цикл биткоина совпадёт с тремя предыдущими, то вершина цикла «фактически может наступить примерно в декабре 2024 года или в октябре 2025 года». 🔼Другой аналитик крипторынка под псевдонимом CryptoCon, напротив, считает, что в этом году цена биткоина существенно вырастет: в первом случае до отметки $106000, во втором – до $161000. Для составления прогноза эксперт использовал коррекцию Фибоначчи от дна цикла к вершине первого движения. Источник:https://ru.investing.com/news/cryptocurrency-news/article-2439951 ——————————————————— ОБМЕНЯТЬ ( / ПОМОЩЬ  / ОТЗЫВЫ
    • Забыли что такое лимитВ ProxyLab мы предлагаем анлим траффика для вашего бизнеса. Работайте без ограничений! 🥰 Сайт🙂 Телеграм❤️ Вконтакте 🤧 Поддержка 🤩Твой промокод CRYPTO_LAB
    • Друзья, наши курс на данный момент: BTC – RUB – 5 486 410 (Не забывайте, что курсы нестабильны, точные данные можете узнать в моменте у поддержки)
    • Добрый день всем нынешним и будущим клиентам 😊 Курс по направлению: USDT – RUB – 85.4 Обменник работает в ручном режиме, 24/7. Подробности уточняйте у операторов.
    • ZRO (LayerZero) залистят на Binance.                              ZRO - токен одного из самых ожидаемых проектов этого года - LayerZero, который представляет собой решение совместимости блокчейнов. Проще говоря - мост.    Инвестиции в размере $263 млн получены от Multicoin Capital, Binance Labs, Sequoia, a16zcrypto, Coinbase Ventures, Animoca Brands, Circle и других не менее серьезных фондов. Криптаны активно фармили протокол в надежде получить дроп. После активной работы с комьюнити по выявлению сибиллов право на дроп получили 1,28 млн адресов из 6 млн. Достаточно щедро по текущим меркам. Для сравнения в zkSync счастливчиков было в два рааз меньше. Проверить адрес можно тут. Клейм откроется сегодня в 11:00 UTC в сетях Ethereum, Arbitrum, Optimism, Base, Polygon, BNB chain, Avalanche. Начало торгов на Binance в 12:00 UTC. Депозиты открыты
    • ❗️Murex.exchange объединяется с pro-obmen!   С радостью сообщаем о новом стратегическом партнерстве с мониторингом обменников криптовалют https://pro-obmen.ru/murex.exchange!   Пользователи pro-obmen теперь могут легко найти Murex.exchange и сравнить его с другими обменниками.   Это партнерство позволит Murex.exchange охватить более широкую аудиторию потенциальных клиентов.
    • Акции криптодобывающих компаний в июне 2024 года обогнали биткоин по темпам роста стоимости. Об этом сообщил Coindesk. Совокупная рыночная капитализация 14 компаний-майнеров, акции которых торгуются на биржах США, составила $22,8 млрд к 15 июня. В частности акции Core Scientific выросли в цене на 117%, в то время как первая криптовалюта подешевела на 3%. Основной вклад в рост стоимости ценных бумаг компаний принесло подписание соглашения между майнинговой компанией Core Scientific и поставщиком облачных услуг Coreweave на $3,5 млрд. Компания предоставит свою инфраструктуру для обучения ИИ-моделей.
×
×
  • Create New...