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[BrolySSJ]

The true volatile nature of the bitcoin was seen this weekend, when the price of bitcoin rapidly surged to $12,112 on Sunday (around midnight) - the highest value that we have seen since last year August. Within 30 minutes after reaching this high, however, the price plunged down to $10,638. Although this is still a very good BTC price, we can all agree that this drop of around 1.5k is quite drastic. This was the perfect opportunity for traders to make a tremendous profit from their bitcoin holdings.

Analysts predict that bitcoin will continue to trend, overall, despite the daily highs and lows, and may even reach its next resistance value of $13800. This is an incredible mark.

Hopefully you guys managed to catch this amazing trading opportunity,.

 

[son of man]

The true volatile nature of the bitcoin was seen this weekend, when the price of bitcoin rapidly surged to $12,112 on Sunday (around midnight) - the highest value that we have seen since last year August. Within 30 minutes after reaching this high, however, the price plunged down to $10,638. Although this is still a very good BTC price, we can all agree that this drop of around 1.5k is quite drastic. This was the perfect opportunity for traders to make a tremendous profit from their bitcoin holdings.

Analysts predict that bitcoin will continue to trend, overall, despite the daily highs and lows, and may even reach its next resistance value of $13800. This is an incredible mark.

Hopefully you guys managed to catch this amazing trading opportunity,.

I was also left out and its been driving me insane ever since I'll be sure to watchout for the next time it peaks

 

[BrolySSJ]

I did not catch the opportunity. Never really monitor any cryptocurrency per se. I just wake up to new prices each day. lol. Would have been a really perfect opportunity to "go short" though.

I do the same thing actually, which is why I didn't catch it as well. I think those that would have caught it would likely have had alerts set to see when the price of bitcoin increases past a certain threshold perhaps.

 

[BrolySSJ]

I was also left out and its been driving me insane ever since I'll be sure to watchout for the next time it peaks

Hopefully we can catch the next one. I will keep you guys updated on this post if there is any new information that becomes available that could prove to be helpful.

 

[Reznov]

unfortunately, you can't really know when to trade, but when seems that things are going smooth, people should take advantage of the opportunity and not miss it, the problem is that you don't know when LOL

 

[ELSA-ELI]

There are some aps you can use to set your threshold to a certain limit like the other panelist mentioned.But i did not catch it too though hopefully i will set the above week and see how it goes.

 

[Ewogboka]

There are some aps you can use to set your threshold to a certain limit like the other panelist mentioned.But i did not catch it too though hopefully i will set the above week and see how it goes.

I was sleeping then so I also didn't catch up with the price too. The app you are refering to can you set it up to trade off your coins at a particular price ?

 

[ELSA-ELI]

I was sleeping then so I also didn't catch up with the price too. The app you are refering to can you set it up to trade off your coins at a particular price ?

no the ones i know don't trade for you,they just alert you when the price reaches the hit limit you are predicting then you do the sell manually.

 

[Ewogboka]

no the ones i know don't trade for you,they just alert you when the price reaches the hit limit you are predicting then you do the sell manually.

Alright , luno wallet also has this function in it, let hope the price continue to rise to at least $15000, the rise and fall is still very OK for trading or holding.

 

[ELSA-ELI]

@Ewogboka Exactly check these apps they are good:Luno like you mentioned,xe,call levels,myfxbook and forexfactory

 

[Wisdom01]

Those that invested before that period when it get to that price ($12000),withdraw all their profit, but I never invested because I wasn't sure of the price

 

[Ewogboka]

Those that invested before that period when it get to that price ($12000),withdraw all their profit, but I never invested because I wasn't sure of the price

May be there was massive sell of at $12000 that was why the price dropped immediately to $10,685 within a short time before it pick back.

 

[Wisdom01]

May be there was massive sell of at $12000 that was why the price dropped immediately to $10,685 within a short time before it pick back.

Yeah you know people usually find means to make profit in every opportunity ,so when the price gets to that amount the withdraw all the profit , now its back to $11000 I guess they are now investing in it

 

[BrolySSJ]

May be there was massive sell of at $12000 that was why the price dropped immediately to $10,685 within a short time before it pick back.

That is very likely. I too would have done the same if i caught the trade. That is a great price to sell at and once the price drops you rebuy and you will have quite a decent profit from that one simple trade/

 

[UserU]

10K is still too high to invest in Bitcoin. Rather wait until it drops back to 9 or 8K. 6 is a much better spot, assuming there's some fat fingers along the way

 

[BrolySSJ]

10K is still too high to invest in Bitcoin. Rather wait until it drops back to 9 or 8K. 6 is a much better spot, assuming there's some fat fingers along the way

I don't think that we will see that drop anytime soon anymore. I think that it is more likely that the price will continue to rise to its next threshold point.

 

[Wisdom01]

Yeah that's what people were saying that the the price is to high due to.that amount ($10000) , but there was a shocking increase in the price to about $12000 and people made profit

 

[BrolySSJ]

Yeah that's what people were saying that the the price is to high due to.that amount ($10000) , but there was a shocking increase in the price to about $12000 and people made profit

Also fair. I guess at the end of the day the price of bitcoin is very volatile and it will be hard to predict, so it could go either way.

 

[Ewogboka]

10K is still too high to invest in Bitcoin. Rather wait until it drops back to 9 or 8K. 6 is a much better spot, assuming there's some fat fingers along the way

You may seeing $10k as too high but the possibility of a drop to $10k is very low so if you have money you can invest now because the next watch is $15k .

 

[BrolySSJ]

You may seeing $10k as too high but the possibility of a drop to $10k is very low so if you have money you can invest now because the next watch is $15k .

That is what i have been seeing is predicted by analysts too. 10k was a high value until we passed that resistance level and now it seems it will keep going.