bitcoin's price surge – BTC/USD – what's next?

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This topic contains 21 replies, has 4 voices, and was last updated by Avatar gamblerock 2 weeks, 3 days ago.

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  • #526
    Avatar
    thegambler
    Participant

    the price of BTC/USD has surged again this year. i am trying to figure out what’s next for the price of bitcoin and the cryptocurrency market overall. anyone care to share their thoughts on where prices are headed next after this huge move? it already pulled back from ~$13,800’s to ~$11,600 but is there more in store or was that it? don’t be afraid to say what you think, i promise i don’t bite 😉

  • #561
    betdog
    betdog
    Participant

    BTC is running into a lot of resistance here around $12,000 so I don’t think its going to move much until the next Pop or Drop. Personally I am short BTC but only short 1 bitcoin so its not a big position at all. I stopped trading big money with cryptocurrency and only play around with small bets. I will sometimes go short, then long, then short again on the same day when there is enough volume and volatility. Who knows where its headed next for sure?

    • #574
      Avatar
      gamblerock
      Keymaster

      I am short BTC/USD too. Its just had a nice little drop to $11,700. I think it needs to drop at least a thousand dollars from here.

  • #590
    Avatar
    thegambler
    Participant

    well it fell more for sure. now what that its $10,500?

    • #591
      Avatar
      thegambler
      Participant

      i just went long at $10,470 🙂 hoping there’s a nice bounce on the horizon…

  • #595
    Camille
    Camille
    Participant

    Hey guys! Is now a good time to buy Bitcoins 10300?

    • #654
      betdog
      betdog
      Participant

      Well now that its blasted to $12,600 I guess its safe to say yes, it was a good time to buy $10,300. Sorry to be so late (haha). I made a little on the way down but lost it right back on the blast back up.

    • #655
      Camille
      Camille
      Participant

      I missed and didn’t buy at 10300 🙁

    • #707
      betdog
      betdog
      Participant

      Its $9,400 now FYI…

  • #612
    Avatar
    gamblerock
    Keymaster

    Well, that was a nice drop BTC had down to $10,800. I made a little bit on the Bitcoin short position on the way down. Now its back up to $11,500. I’m shorting again looking for a drop to $10,000-$10-500 for the next major move. Good luck to all!

    • #649
      Avatar
      gamblerock
      Keymaster

      Well, 2 days later and its $11,441 right now after a couple of small drops. I think a major drop is eminent. Looking to see it retest $10,000-$10,600… Holding a small short and profitable position 🙂

  • #659
    betdog
    betdog
    Participant

    well, i short BTC again last night around $12,600 and it still went even higher! Let’s hope the $13,000 resistance it too much and we see a nice 1K+ fall from here.

  • #694
    betdog
    betdog
    Participant

    ok – what the hell is going on with bitcoin? the price surges, crashes, and surges again. I know its bitcoin but the volatility lately has been pretty crazy, EVEN for BTC

  • #700
    betdog
    betdog
    Participant

    BTC/USD Bitcoin price now $9565… how low can it go? i guess we shall see. wow, what a ride!

    • #706
      betdog
      betdog
      Participant

      Closed my short around $9,300 and went long for a change around $9,350. Small positions so just playing around trying to call long and short positions. Pretty good calls lately 🙂

  • #817
    betdog
    betdog
    Participant

    Hello Everyone!

    This latest Bitcoin price surge has been exciting. I went long yesterday when I saw it crossing a $10,930 resistance level. I think a major run up to $24,000 by the years end in underway. I wrote a blog post about it on GambleRock that you can read here. Disclaimer: I have a small long position in Bitcoin.

    Bitcoin Price Prediction – $24,000 BTC/USD before Christmas 2019

    • #1098
      betdog
      betdog
      Participant

      Well, its been a month and BTC/USD is actually down about $500. Not taking off yet… Maybe I was off in with an overzealous prediction? Or is there a monster Bitcoin run somewhere on the horizon? I’m not trading in positions currently. I’ve just been watching from the sidelines lately.

  • #1491
    Avatar
    gamblerock
    Keymaster

    BTC has flat lined over the last month. I’m glad I wasn’t doing much trading lately. It makes me wonder what’s going to happen with the price of the Bitcoin next. It feels like a big move is boiling. But WHICH WAY ???

  • #1867
    Avatar
    thegambler
    Participant

    well maybe bitcoin is dying a slow death? i can’t tell anymore. i was starting to hope for a major run but as time goes on it seems like it might not be going anywhere after all… i have no crypto holdings or trading positions for what its work.

    • #1900
      betdog
      betdog
      Participant

      I have lost interest for the most part. Maybe that will re-ignite, maybe not. I barely even look to see what the price is most days now.

    • #2052
      betdog
      betdog
      Participant

      HA HA That’s pretty funny. I had finally lost interest & now it looks like maybe a bottom formed. Hmm…. Anyone on gamblerock trading bitcoin (btc/usd) at the moment? Not sure if that’s real action and interest or just another pump/prop move _?

  • #2161
    Avatar
    gamblerock
    Keymaster

    Well suddenly Bitcoin stated moving this week. Could a bigger run be coming or was it just another pump up? I wish I knew the answer to that question.

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