April seems super speculative

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cold5tor4geSenior Member
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#1Jun 14, 2017, 02:56 PM
Bitcoin’s been all over the place lately. With that in mind, we really need to be careful about jumping to conclusions on where the price might go. March was definitely more volatile. Just because we saw Bitcoin spike to over $68k doesn’t mean we’re done with the correction phase we’ve been in for a while. So, what are your thoughts on what April has in store for us?
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vault_alphaHero Member
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#2Jun 14, 2017, 04:16 PM
I would have said that Bitcoin will replicate what it did in March, but despite its rollercoaster movements, it still ended the month in positive, and a close like that shouldn't be taken for granted, especially on a higher timeframe like monthly chart, even as it was able to hold above the monthly EMA50 at about $65,635. The market tried several times to break the level lower last month but it couldn't, which makes it a viable support to watch out for. But the moment the level is breached lower, Bitcoin might speedily hit 2026 year-low of $59,835.
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alexaltFull Member
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#3Jun 14, 2017, 09:14 PM
I think, the price of bitcoin this April will follow the same price pattern of last month which will be around $63k-$74k price range. However, if we see a price  below $60k, it means that bitcoin might break the support price of $59k+ and dip lower. The market is full of uncertainties with the current unhealthy global economy based on what Trump has caused, nobody knows the exact direction of the market this April.
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eric_diamondFull Member
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#4Jun 15, 2017, 01:51 AM
As you have said it already, there's so much volatility right now, just showing how speculative the market could be. Last month we go on a massive increase despite what we are seeing in the background, a conflict in the middle east. And yet, the opposite had happened in the market as it went as high as $74,000-$75,000. After that it declined last week and had a correction. So I April similar swings in the price but the market will just go on a sideway patterns. We could see a higher ups or reflect what we have seen in March because the war and the noises it create has a feedback on the whole market, not just Bitcoin.
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WildBearSenior Member
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#5Jun 17, 2017, 02:09 AM
That's a quick thing to believe with if the correction has already ended or this bear market is. There's so much more to expect before this year ends. And think of it that so many things that can be done until we see the Q4 and end of year. Just as the normal markets, some volatility, few corrections and some pumps too.
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degen_nonceFull Member
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#6Jun 17, 2017, 07:39 AM
The month April has been so good in terms of price changes and price action, when you look at February you would know that it wasn't looking like this past month as through March We have seen several things how the war affected the price but still manages to 70-76 plus if I am not mistakenly. Although we just made it to the Month Of April, but I haven't think that we could likely have more bullish market in this month, but well, anything is possible and the month is still new to say because we can't give our judgement what the market could be.
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bit2016Full Member
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#7Jun 19, 2017, 06:33 AM
I agree we can’t assume the correction phase is over, for April, I’d expect some sideways movement w/ short term swings maybe a few spikes & dips depending on news & market sentiment, better to stay cautious & not rush into decisions just because of one big gain.
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cobr4404Full Member
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#8Jun 19, 2017, 09:21 AM
Same as usual, and that's because of Trump. Let's face it. The current war has an effect towards the market especially in much volatile assets like Bitcoin. Just a few days ago, Trump said that he will end the war in around 2-3 weeks, but we aren't seeing any signs of it. Also, Trump is saying that the negotiations are "going well" but Iran is telling the opposite. Why I'm focusing on Trump? Because the recent volatility of the market is because of him, and "HIS" war with Iran, and we know that. As long as the war is on-going, the market will remain volatile, and "speculative" as what you said. What do I expect this month? Same thing. The longer this war is, the more volatile the market is. Right now, we don't know what will happen with the market. If this war end this month in a positive way, it will reflect towards the market and vice-versa.
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dave_byteFull Member
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#9Jun 19, 2017, 11:42 AM
Today, Bitcoin dropped back to $66k. I think for this month it will still be like last month. There will be corrections and short pumps that bring Bitcoin's price back up to $70k. But the situation may not get support for a pump for a long time. It is very likely that we will still be in a bearish trend in April. We might not get through this period in a short time.
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0xNonc3Full Member
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#10Jun 19, 2017, 12:52 PM
I don't expect anything on the market right now as long as those troubles happen in global scene still occur. Manipulators still have weapon to use to scare those weak hands that's why market will provably experience lots of correction. So in this case we might see more bearish movement and those huge highs is maybe hard to be seen at the moment. But hopefully everything settle up so we can see the market goes bullish and maybe we will see Bitcoin climb back at $70k up to $80k level again.
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wildomegaFull Member
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#11Jun 20, 2017, 02:39 AM
Nothing much, been sideline for a while and I think I'm good on that for now with some little DCA on altcoins on my bitcoin earnings. I believe that they might gear for some traction once  we go post-war with the stuff going on right now. I think we chop and chop until there's some sign of recovery. Aren't we in it for the long term? This month is probably not that different from what we have the other three for 2026.
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real_guruFull Member
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#12Jun 20, 2017, 06:09 AM
Bitcoin's movement can still be said to be good so far because the fluctuations haven't been too significant. Now we've entered April, and the BTC price has declined. We certainly don't know where BTC will go, but it seems clear that BTC will try again to test whether it can break through 59,000. If it breaks below that level, it's possible that the price will drop even further in April. In April, I just want to monitor BTC's movement. If it rises, I'm happy because I own BTC, even if it's small. If there's a decline, I'll definitely continue buying BTC.
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HyperGweiSenior Member
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#13Jun 21, 2017, 12:53 AM
To me, we are still in a bear market, and that is not going to end anytime soon. In addition, there is global instability caused by geopolitics. So, just like in March, I'm not setting my expectation too high for April, and instead of hoping for something to happen, I waiting to see what happen. In a bear market, what we should do is focus on accumulating. Instead of predicting, I will prepare for every possible scenario. Therefore, if Bitcoin drop below $50k in April, I will not be worried or disappointed.
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greg_wolfMember
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#14Jun 21, 2017, 04:13 AM
I know that all investors has the right to predict on how Bitcoin price will look like but not exactly what Bitcoin price will be, so however the fluctuation of Bitcoin in the last month was something else and come this month April I'm sense that Bitcoin can't really end the way it ended last month and even though we don't when the dip we eventually happen, it is very important and necessary that we should have positive thoughts when it comes to Bitcoin investments that our buying and accumulating aggressively or gradually by gradually is something that will be profitable in future time.
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jakewolfFull Member
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#15Jun 21, 2017, 05:05 AM
As long as it isn’t treated as a trading asset, I think it’s quite interesting to observe how the market reacts to its price. Bitcoin’s price volatility is noticeable when the market trades at levels seen in recent months or after the market has grown tired of hovering around $100,000. March has passed, and now we’re in April. I think the market will move much the same way as it did in March in terms of price. It’s likely to trade between $65,000 and $70,000. This forecast could be wrong, given that the US-Israel conflict with Iran and the Gulf states is starting to subside, though during the war, the impact on prices seemed negligible because prices remained stagnant at the levels I mentioned.
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viper_blockSenior Member
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#16Jun 21, 2017, 05:37 AM
I just prepares for the worst thing than previous month. I don't know where the price moves this month so only be careful and be ready that I can do. We may expecting the reverse from the market and the price can be back to up to $80k-$100k this month. But it seems that is not easy and there is a chance the price will almost similar like previous months. But we need to keep positive that the market will reverse in the right time although we don't know the right time. We can following the market, make a profit or just watch the price moves.
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bit2017Senior Member
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#17Jun 21, 2017, 10:40 AM
Even if March and April are different months but regarding to the price of Bitcoin in my perspective from the first day of this April I feel like is going to have 90% of what Bitcoin price does in the month of March, already it has been just two days we started the month of April but the price is becoming as volatile as the month of March, it hasn't stayed stable, the all time high price we saw on the first of April is not the same to what we are seeing now because it had decreased a bit, so actually this kind of volatility is something we would be seeing a lot and if there is a chance that Bitcoin would get to $70k on this April but might not going to end the month there.
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gas42Full Member
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#18Jun 21, 2017, 11:09 AM
We are dealing with a speculative market then it would be normal that we would be always giving out that speculative approach and thats something normal. Some people been saying about the price to be absurd or too much or being exaggerated or being that too optimistic then its not that shocking anymore. Patterns can be formed but it doesnt mean that it would be keeping on repeating on the same month on every year. As part of analysis then we will really be that trying out to compare into the last year prices and on the current or present on which making up some analysis whether it is that still the same or within ranges. its important that you should be making yourself that versatile on whatever the market would really be doing on which considering on how unpredictable the market is then expect that you will be changing up those approach every now and then. Doesnt matter on what month we are talking or speaking on here but still it wont be giving out any guarantees or any patterns and give out that precise entry and exits.
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BasedTokenFull Member
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#19Jun 21, 2017, 01:39 PM
Yes, all our goals are long term, so we should not be too concerned about short term fluctuation. However, is investing in altcoins at this time a good idea? Why altcoin and not Bitcoin, especially when it is a long term investment? Regarding predictions for April, I agree that it will probably not be much different from last month. The market is still in a downtrend, so do not expect anything unexpected to happen.
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AtomicMaxiFull Member
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#20Jun 21, 2017, 04:49 PM
I hope this month is not worse than March. Everyone who has made purchases at the current price certainly hopes that we will soon see a change towards a bullish market. But it might not happen this month. If that is the case, at least the market will not fall deeper; at least we will be in a sideways-moving market for a longer period of time.
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