Quote from: Slow death on April 23, 2018, 05:31:43 PM

Quote from: First77 on April 23, 2018, 04:24:14 PM

0.1 Bitcoin = $850. Who can buy ??

when the price was $ 20,000, how would you think that we reach this price if no one was buying? and obviously many people are buying, this is because bitcoin are limited and there is a lot of demand and as the days, months and years pass more demand we will have and we will have little supply and this will cause the price to increase a lot, have a coffee and watch the markets.

Quote from: Elysian_ELY on April 23, 2018, 03:55:11 PM

https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team

we are not having big increases in the price because of regulation, just see this:

Central Bank Of Iran Bans Banks From Crypto Dealings

Macau Monetary Authority Issues Warning On Crypto Following Criminal Ties To ICO

these things are happening at the same time in many places, so this year will be different from the other years, the price will not increase and increase as in the past years.

I think technically had been analyzed that strong resistance is standing now on 9000 USD from previous 7000 USD and with the news you shared I believe it is inline. So here is my conclusion for both technical and fundamental analysis:
1. Technical analysis as now is entering long run bullish by try to cross MA 200,150,100 in value around 9000-9200 USD and this figures as strong resistance as said also by fibonacce.
2. Fundamental analysis by seeing the news of Iran Bank and Macau Monetary Authority, this prevent psychologically to buy BTC in the market with coincident to price at around 9000 USD. I think this news will not as big as entering of "Giant" people/group into cryptospace such as George Soros and others last several weeks then trend for bullish is still higher.
Combined together 2 above market is being tested their willingness to buy for next long run bullish of BTC price at least for 12.000 next resistance as new psychological value to ascending trend.