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Topic: $3k range the new $6k range? - page 3. (Read 867 times)

sr. member
Activity: 882
Merit: 282
January 09, 2019, 12:16:24 PM
#36
I think bitcoin is going to stablelize around $4000 to $6000 through out the first quarter of this year and for the second quarter we should expect another bullish or upwards trend that is going to push bitcoin above $10,000 . I have seeing many good comments and articles about bitcoin lately and it seems that we are at the point when the market will pick up again.
I think that bitcoin to overcome the desired goal which was $ 4000 but to be sure of the uptrend you need to bitcoin breaks the mark of $ 6000 and above then people will understand that a new wave of growth begins. I think there and I think it will be very soon.
That is my view too and if we really want to get in we have to buy now that bitcoin is still around $4000. Anything outside this might keep you aside the next big move.
legendary
Activity: 2282
Merit: 1041
January 09, 2019, 11:54:02 AM
#35
I think that bitcoin to overcome the desired goal which was $ 4000 but to be sure of the uptrend you need to bitcoin breaks the mark of $ 6000 and above then people will understand that a new wave of growth begins. I think there and I think it will be very soon.

Of course we want that to happen but we can not be for sure about this. People tend to overreact to things that happen over and over like forked coins getting dumped and ETF decision postponed again. It always happen because its always been planned. If things goes positive and breaks $6k then lucky for those who had already accumulated enough.
jr. member
Activity: 278
Merit: 1
simply getting the job done
January 09, 2019, 11:48:03 AM
#34
I think that bitcoin to overcome the desired goal which was $ 4000 but to be sure of the uptrend you need to bitcoin breaks the mark of $ 6000 and above then people will understand that a new wave of growth begins. I think there and I think it will be very soon.
jr. member
Activity: 242
Merit: 1
🚀🚀 ATHERO.IO 🚀🚀
January 09, 2019, 10:47:47 AM
#33
when viewed from the current situation it seems that the price of bitcoin will be stable for a long time, or the price of bitcoin will rise slowly. we'll see what happens next, a significant increase or a significant decrease.
copper member
Activity: 275
Merit: 1
January 09, 2019, 10:40:23 AM
#32
I think bitcoin will be able to recover but the movement is still slow, and for the next one or two months it will be around $ 4400 - $ 4500.
sr. member
Activity: 2016
Merit: 283
January 06, 2019, 03:03:41 AM
#31
6k range has a tends after correction in my opinion.  Which probably it will bullishing on the first wave but it will stop on that stage because for sure there will be another correction before it rising again "like what's happening always ". But i have doubts even though there's a correction always before rising up there's a high possibility in my view  that bitcoin will rocketed again but not too much.
STT
legendary
Activity: 4102
Merit: 1454
January 06, 2019, 03:02:49 AM
#30



It does resemble this but I always imagine we are when restricted in price, its set like a spring to release that range into moving in a new direction.     In the past its just continually repeated smaller range and waited until news happens.  In most markets I'm looking for an accumulation in trade or inventory where supply meets demand but BTC has its own mind on what it will do.

So right now I'm noticing the 50 day moving average is marking highs roughly.   This wont ever be as strong as 200 day and the interest that carries but still its a measure of the medium term and the markets mood positively or not


Also its waving about the 8 day average, doing the bartman ?
hero member
Activity: 1082
Merit: 502
January 05, 2019, 02:15:22 PM
#29
Now there is no reason for the price to continue to fall. Therefore, I think that in the next two months the price will return to the level of 6000, it is even possible that this will happen by the beginning of February, as a whole I am sure that the all first half of 2019 will have a positive trend for Bitcoin and for the rest of cryptocurrencies.
legendary
Activity: 2968
Merit: 3684
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January 05, 2019, 11:49:16 AM
#28
Definitely can't rule out a new low from last year's, and if that does happen, we should easily see $2,500 if not even sub 2k, though that shouldn't last long and will fill a lot of buy orders.

I have several buy orders placed on $2500 and $2300 respectively should this market turns bearish once more, though the range of this current cycle that we are on seems to be hovering between $3500 and $4000 which seems pretty stable so far. I still expect a lot of surprises this year, especially a possible drop from our current footing that's why I already placed a buy order that seems pretty absurd by today's prices. The ones who bought at higher prices are probably scared to buy in right now, and the ones who are looking to stay on a long position are taking advantage of the current price range IMO.

Yeah, I think the first wall of buy orders will be just above $3k, but most normal big time traders will feel that if prices hit that low, then they will breach $2.5k, so even I would speculatively set most of my orders around your levels, to take advantage of flash crashes from this point. Would only adjust it back above $3k IF we see Bitcoin make a strong rally to $5k and stay for several weeks at least.

As it stands, I can't benefit too much from either way. Can't buy any more, and don't really have a big sell coming up. I will be paying a big commitment in May so would be helpful somewhat to see at least 30% gains from today by then. 30% drop is just as likely though!
copper member
Activity: 2968
Merit: 575
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January 05, 2019, 10:03:50 AM
#27
This is what it seems like. For the last few months we have seen the price being on the $6,000 range and was some what stable during that time. It was able to break the barrier/wall for a long time, and eventually crashed down to this $3,000 level. Looks like this is going to be the current range for now. If we are able to break this $4,000 wall, we might rise more. The opposite might happen too!
full member
Activity: 882
Merit: 104
January 05, 2019, 09:45:10 AM
#26
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?
I believe that this year is a great year but still we dont have any assurance to what will be the price of bitcoin this year if its move up or steady to what the price now.  Because many whales are playing the market so people confuse if this year will be go up or down let's continue to observe the market and continue to buy.
legendary
Activity: 3248
Merit: 1179
January 05, 2019, 09:39:06 AM
#25
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?
I think price is going to break this stable range before end of January 2019. The speculation that are coming in are most positive and that is a sign that bitcoin will be more of uptrend than downtrend.  We should expect bullish market this year because I could remember this time last year bitcoin was doing well with bad news but this time around is going bad with good news.
Price will stay between 3 and 6 thousand dollars for a long time, maybe entire 2019. People expect too much after 2017, that year changed how people think and what people expect. From my point of view price will stay calm for some time, market will be calm without big ups and downs. Of course I made many mistakes with predicting bitcoin price movement, many times I was really surprised. That`s why people should learn about buy support and sell resistance, trade for little, don`t be greedy and always have back up plan, what ever market do. If price made some huge jump it will be great, but I don`t see that happening in next year or maybe two.
sr. member
Activity: 882
Merit: 269
January 05, 2019, 02:30:44 AM
#24
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?
I think price is going to break this stable range before end of January 2019. The speculation that are coming in are most positive and that is a sign that bitcoin will be more of uptrend than downtrend.  We should expect bullish market this year because I could remember this time last year bitcoin was doing well with bad news but this time around is going bad with good news.
full member
Activity: 2128
Merit: 180
January 04, 2019, 06:32:59 PM
#23
Possibly yes but still it will depend on the market trend and only time can tell. We are stable on this range maybe we are preparing for a bullrun or just waiting for the market to go down and hit the bottom. I believe this is a different trend now and a more hopeful year for cryptocurrency to rise, let’s give at least this first quarter to confirm the trend.
legendary
Activity: 1652
Merit: 1483
January 04, 2019, 05:09:13 PM
#22
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?

i think a stable range has begun to form, yeah. i find that strong market moves work like damped sine waves. you first have a strong thrust, then you have oscillations that eventually become weaker and weaker as the trend dies into a range. like this:



based on the sheer magnitude of the fall (84% from the top) and the fact that it's been more than a year now since the crash began, i think the range will eventually breaks upwards. but that's probably many months away. retesting the lows or wicking through $3k first is pretty likely too.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
January 04, 2019, 04:14:57 PM
#21
Definitely can't rule out a new low from last year's, and if that does happen, we should easily see $2,500 if not even sub 2k, though that shouldn't last long and will fill a lot of buy orders.

I have several buy orders placed on $2500 and $2300 respectively should this market turns bearish once more, though the range of this current cycle that we are on seems to be hovering between $3500 and $4000 which seems pretty stable so far. I still expect a lot of surprises this year, especially a possible drop from our current footing that's why I already placed a buy order that seems pretty absurd by today's prices. The ones who bought at higher prices are probably scared to buy in right now, and the ones who are looking to stay on a long position are taking advantage of the current price range IMO.
legendary
Activity: 2170
Merit: 1427
January 04, 2019, 03:56:42 PM
#20
I'm expecting another few weeks in the $3ks followed by a fast crash down to the low $2ks, simply because the halving is so far away and there isn't any other compelling reason for a bull run to start this year.

Even if there is no direct reason for the price to pump like mad, it doesn't mean it has to go down. It could just as easily continue to move sideways for for a while, marking higher lows, and eventually break out to the upper side and leave $3xxx prices behind for ever. People seem to be overly bearish which makes me even more confident that we won't be spending much time below the $4000 level anymore.

I'm sure that a lot of people (who are in fiat or USDT) right now are waiting for the price to fall down in order to buy more, and they might be up for a nasty surprise in case the price doesn't fall down much lower than what it is right now. If you don't buy right now, even if it is just a small amount, you are not doing the right thing to benefit from the prices as seen right now. Today it's available, tomorrow it might not. Smiley
member
Activity: 308
Merit: 35
January 04, 2019, 03:32:06 PM
#19
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?

It's look that. 3-4 is the new stable range for now. I just hope to not see another plunge to the 'new stable' range of 1.5-2K.

My hopes are to see some upward movements in Q2-Q3 this year with ICO market recovery.

If it's going to lower levels this year, the sooner the next plunge the better. The longer it sits in the mid $3ks, the more coins people will get fucked in the ass with when the next plunge happens. How do you think all those who bought in the $6ks feel right now?
hero member
Activity: 1218
Merit: 513
January 04, 2019, 02:59:55 PM
#18
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?

It's look that. 3-4 is the new stable range for now. I just hope to not see another plunge to the 'new stable' range of 1.5-2K.

My hopes are to see some upward movements in Q2-Q3 this year with ICO market recovery.
jr. member
Activity: 238
Merit: 3
January 04, 2019, 02:21:17 PM
#17
For two months the price stayed in an uncharacteristicaly stable range in the mid $6ks, before the price was very quickly crashed into half, down into the $3ks. Do you think this same stability has begun to form over the next couple months in the mid $3ks? if so, will price break upwards to end this stable range or downwards, as it did last November?

Think right now is more about stability, I think people are being very cautious with investments recently that's the main reason why there hasn't been any significant changes in these past month but after the stabilizing phase then things will get better.
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