I still belief that bitcoin can surpass 9000 plus before halving, it seem that buy orders are getting serious on exchanges, but it's certain that there will be price drop after the halving is over
Too much of confidence level on bitcoin but I feel we are not too far away from halving so the range $9000 looks too high from now. But there is a bullish sign and sooner or later after the halving we may hit $9000-10,000 which will bring enough confidence for the holders to accumulate more coins.
Topic: Bitcoin And Altcoins Positioning To Resume Uptrend (Read 157 times)
We can happy for a moment to see the crypto market have an uptrend right now although it doesn't guarantee to see the market will be like that in the rest of this month. But if the market can be like that, then I guess that in the next month, which the halving time comes, the market can have a chance to rise higher. We hope that there is no bad news in a few days later so the crypto market can still like this while we can expect to make a profit again.
Let me giv you my personal TA of the BTC.
BTC as long as it's above $6400, it's optimistic to continues toward $7200 - $8200 & even more (after the BC Halving o course).
This is possible if and only bitcoin can retain its spot on the 7k price but as you can see its struggle from 6.8k to 7.1k and those positioned have been trading for weeks now. I know optimistic is misplace somewhere cause the halving cannot save the crisis that we are experiencing and pulling down the market still.BTC as long as it's above $6400, it's optimistic to continues toward $7200 - $8200 & even more (after the BC Halving o course).
Even altcoin positions are in depths of risk and lots of movement from other coin cannot shows any significant increase.
Well, if so then let it begin! Once this starts, I assume it'll look similar to what always happened to alts: BTC stayed up on its own feet, alts went back down to what they used to be. During the bull run though, alts are always faster & more profitable.
When the real uptrend starts, I'll contemplate moving everything into BTC. Risky move, but no risk no win! Time to profit off this bull run. Many of us have missed enough of them by believing in alts
When the real uptrend starts, I'll contemplate moving everything into BTC. Risky move, but no risk no win! Time to profit off this bull run. Many of us have missed enough of them by believing in alts
I still belief that bitcoin can surpass 9000 plus before halving, it seem that buy orders are getting serious on exchanges, but it's certain that there will be price drop after the halving is over
Price has never risen without drops along the ride while it has never dropped without bounces back at some strong supports levels. Halving is not a mark for rising price before or around halving days but halving is a very strong support for a very long bullish trend after halving days. Over the history of bitcoin, we have seen some amazing parabolic curves after halving days. The latest one was in 2017, when bitcoin reached its all time high nearly $19800.I expect to see the price of bitcoin reaching $8000 at halving days and above $10000 at the fourth quarter this year, maybe in December.
With the kind of asset like Bitcoin, I think it is better to think of it as simple as possible, and don't need to fall into traps of over complicated technical analyses. After reaching its peak, bitcoin will drop back to where it began its ride to that peak and vice versa, with the movements between peaks of VPVR. With the approach, sometimes you will miss an upward rise of bitcoin but you will reduce risks of losing money from buy at highs and if you can buy at the price marks buy VPVR, you will have good opportunities to take profits.
There is another more optimistic view on bitcoin future price but I still think it is better to stick with VPVR.
I still belief that bitcoin can surpass 9000 plus before halving, it seem that buy orders are getting serious on exchanges, but it's certain that there will be price drop after the halving is over
Too much of confidence level on bitcoin but I feel we are not too far away from halving so the range $9000 looks too high from now. But there is a bullish sign and sooner or later after the halving we may hit $9000-10,000 which will bring enough confidence for the holders to accumulate more coins.
I still belief that bitcoin can surpass 9000 plus before halving, it seem that buy orders are getting serious on exchanges, but it's certain that there will be price drop after the halving is over
We are very close to the halving and i have not been seeing a good fundamental on the bitcoin market can be considered as support level to create another hype. Maybe the impact of halving will not arrive at the time when bitcoin gets halving. In my exprience if people may use it to sell the news rather than try to buy the rumour.
We are not in yet in the good level to gain massive support to pump the bitcoin. That needs more time to go as people must see the fundamental of market.
After a short term downside correction, bitcoin price found support above USD 6,750. Recently, BTC/USD consolidated in a range above USD 6,800 and it seems like the bulls are now preparing for an upward move towards the USD 7,050 and USD 7,200 resistance levels.
Similarly, there are positive signs emerging for most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is up around 2% and it might test the USD 178 and USD 180 levels. XRP/USD is also showing bullish signs and it might make another attempt to surpass USD 0.190 and USD 0.192.
more info
https://dausel.co/R1mNQm
Similarly, there are positive signs emerging for most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is up around 2% and it might test the USD 178 and USD 180 levels. XRP/USD is also showing bullish signs and it might make another attempt to surpass USD 0.190 and USD 0.192.
more info
https://dausel.co/R1mNQm
i see the crypto market has taken a new turn and also making bullish signs and all altcoins are also in bullish trends in anticipation of a bullish trend but if/when it will breakout of suport at 7200 anytime soon is what i can not say but i hope it does.
After a short term downside correction, bitcoin price found support above USD 6,750. Recently, BTC/USD consolidated in a range above USD 6,800 and it seems like the bulls are now preparing for an upward move towards the USD 7,050 and USD 7,200 resistance levels.
Similarly, there are positive signs emerging for most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is up around 2% and it might test the USD 178 and USD 180 levels. XRP/USD is also showing bullish signs and it might make another attempt to surpass USD 0.190 and USD 0.192.
more info
https://dausel.co/R1mNQm
Similarly, there are positive signs emerging for most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is up around 2% and it might test the USD 178 and USD 180 levels. XRP/USD is also showing bullish signs and it might make another attempt to surpass USD 0.190 and USD 0.192.
more info
https://dausel.co/R1mNQm
I still believe that the market might keep i=on bringing in more dump and pump. For quite some time now, the price of BTC has been fluctuating. This is just an opportunity for traders to make their money, before the commencement of the bitcoin halving.
Altcoins have now been pumping more and that is a sign of good omen. With that, the entire market is likely to go up soon.
Let me giv you my personal TA of the BTC.
BTC as long as it's above $6400, it's optimistic to continues toward $7200 - $8200 & even more (after the BC Halving o course).
Once BTC breaks the $6400 mark & close a weekly / monthly candle beloce it, it's a bad sign for the short term & may visit $4200 - $3800 again.
So be careful & have a good & strict money management for your investment.
BTC as long as it's above $6400, it's optimistic to continues toward $7200 - $8200 & even more (after the BC Halving o course).
Once BTC breaks the $6400 mark & close a weekly / monthly candle beloce it, it's a bad sign for the short term & may visit $4200 - $3800 again.
So be careful & have a good & strict money management for your investment.
I still belief that bitcoin can surpass 9000 plus before halving, it seem that buy orders are getting serious on exchanges, but it's certain that there will be price drop after the halving is over
Too much of confidence level on bitcoin but I feel we are not too far away from halving so the range $9000 looks too high from now. But there is a bullish sign and sooner or later after the halving we may hit $9000-10,000 which will bring enough confidence for the holders to accumulate more coins.
Don't get it wrong, most times bitcoin and altcoins show good positioning but it doesn't prevent a dump.
There are a lot of altcoins, and they can't show bullish uptrend at the same time ; this is why you have to do your own research and figure out what token to invest in.
There are a lot of altcoins, and they can't show bullish uptrend at the same time ; this is why you have to do your own research and figure out what token to invest in.
Lmao, XRP showing bullish signs?
The coin is completely dead on its feet, and has even performed horribly despite altcoins experiencing a resurgence in 2020 (barring the mid-March crash).
Anybody looking to get into the market now should avoid XRP and focus their attention on something like Tezos, Ethereum or Chainlink—these are the strongest performers as of late.
Bitcoin will also likely pump, but due to its huge market cap it's unlikely to appreciate as fast as the aforementioned altcoins.
The coin is completely dead on its feet, and has even performed horribly despite altcoins experiencing a resurgence in 2020 (barring the mid-March crash).
Anybody looking to get into the market now should avoid XRP and focus their attention on something like Tezos, Ethereum or Chainlink—these are the strongest performers as of late.
Bitcoin will also likely pump, but due to its huge market cap it's unlikely to appreciate as fast as the aforementioned altcoins.
I am quite positive regarding crypto market in coming months, even now i think that we will soon going to see the halving hype in the market that can potentially pump the market and we may see hundred percent growth till halving then maybe 30 to 40 percent correction and then the uptrend will continue for several months from there onwards.
I still belief that bitcoin can surpass 9000 plus before halving, it seem that buy orders are getting serious on exchanges, but it's certain that there will be price drop after the halving is over
After a short term downside correction, bitcoin price found support above USD 6,750. Recently, BTC/USD consolidated in a range above USD 6,800 and it seems like the bulls are now preparing for an upward move towards the USD 7,050 and USD 7,200 resistance levels.
Similarly, there are positive signs emerging for most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is up around 2% and it might test the USD 178 and USD 180 levels. XRP/USD is also showing bullish signs and it might make another attempt to surpass USD 0.190 and USD 0.192.
more info
https://dausel.co/R1mNQm
Similarly, there are positive signs emerging for most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is up around 2% and it might test the USD 178 and USD 180 levels. XRP/USD is also showing bullish signs and it might make another attempt to surpass USD 0.190 and USD 0.192.
more info
https://dausel.co/R1mNQm
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