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Topic: $5,000 is the number - so get used to it. - page 3. (Read 539 times)

legendary
Activity: 2366
Merit: 1408
September 29, 2019, 01:21:37 PM
#4
Yes, BTC can be at 5k USD again, but can be at 15k USD again too  Cheesy

Of course we are here to "speculate", and there's no way to predict BTC correctly, all analysis and predictions are pure based on lucky, so let's see
I bet we are be at the 10k USD level for some time, not 5k USD
legendary
Activity: 1652
Merit: 1483
September 29, 2019, 12:32:24 PM
#3
$5,000 will be the next support range and $8,500 will be the resistance, and no higher.
 
Welcome to the new Winter Time kiddies.  Better bundle up!!  Wink

the bears sure are coming out in numbers! and each bear target seems lower than the next. first $7k, then $6k, then $5k...... Shocked

you got a chart for us, Pipdips? why $5000---horizontal support, fibonacci levels? i do see that april consolidation range of $5000-$5500 and that does seem like a likely support. but i'm not yet convinced we need to dip that far.

it looks like we're still testing the may/june consolidation range and haven't triggered a breakdown on the weekly bollinger bands. i've seen some pretty nasty fakeouts in bitcoin before. let's wait and see.
legendary
Activity: 3038
Merit: 1169
September 29, 2019, 10:08:49 AM
#2
It could be and it could be not, but if this is the safe level I am sure OK with it as long as it is not forever staying on that level, and we see that we are now in $8000 USD mark for many days now, the resistance can sure be seen because the price is not really moving, Well I am used to this kind of scenario the volatile thing is pretty normal for Bitcoin so I am not worrying so much, But in the midst of a bull market is pretty questionable, but what can I say we are entering the holiday season And I surely expect dump on the end of each year every time there is a holiday season.
member
Activity: 210
Merit: 13
September 29, 2019, 09:19:31 AM
#1
$5,000 will be the next support range and $8,500 will be the resistance, and no higher.
 
Welcome to the new Winter Time kiddies.  Better bundle up!!  Wink

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