Topic: Bitcoin can fall up to $9k or rise up to $17k - which one will happen. (Read 633 times)
September 03, 2020, 07:49:55 PM
Your prediction is coming to the past as BTC is hovering around 10k which if breaks, 9k is inevitable. Can we still experience all-time high this year due to this sharp drop in price? Time will surely tell.
September 02, 2020, 02:36:41 AM
Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.
Yeah it looks like were heading somethig good in the graph that shows constant rise over the period of time. The problem is that we are uncertain if it will going to happen whether it will going for a bull run or not. In the looks of the graph were heading to bull run. I think I will going to make a regret for selling some parts of btc after the target has been achieved which is 12k$. Anyway, I still some part of it and will be happy to hold it for a while or even buy some part of it. Who knows bull run is on the way. I am still confused and undecided.
September 01, 2020, 03:58:40 PM
Bearish outlook into the weekend was slightly unusual last week, but then its risen ever since quite regularly all weekend and confirming weekly average as a low recently. Its touched both sides of this upper range, the 27th Aug low was the closing price for 29th July and part of the bullish upper formation.
Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.
Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.
September 01, 2020, 03:19:29 PM
Bearish outlook into the weekend was slightly unusual last week, but then its risen ever since quite regularly all weekend and confirming weekly average as a low recently. Its touched both sides of this upper range, the 27th Aug low was the closing price for 29th July and part of the bullish formation.
Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.
Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.
August 30, 2020, 10:42:52 AM
The price is not really looking like it is going down that easily. We have seen over $12k and that was a great moment however one thing is for sure, when it went down it could have hit the $9k price as well but it didn't that means bitcoin is not bearish, if it was bearish the price would have hit lower but it didn't that means buyers are still around and they are still keeping the price higher as well, that is why I believe it is hitting $17k first, not because it is bullish but because it is not bearish at all.
Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
I feel like whatever happens will happen very quickly, we have been stable once again for a while and there hasn't been anything that really changed recently, so that really makes you hopeful about the future of bitcoin and crypto, if the price has been so stable for so long, shouldn't it move very soon? That is what people really assume because nobody thinks bitcoin could be the same price for over a month, we all know eventually it has to change.Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
Look at the moment we broke over 11k, ever since that moment we have been expecting bitcoin to finally go above 15k for the first time since 2017 peak and some others expected it to go down, and for the longest time it hasn't done that. We are right now at longest time bitcoin has been over 11k, even when we became 20k we dropped under 11k quicker. So, that has to mean something.
August 29, 2020, 01:31:55 PM
You are very optimistic, but there is little time left until the end of the year. At the moment, I am not observing any reason for a sharp price movement to begin (maybe the second wave of the coronavirus will fix this? I hope not).
And as it was already written to you, the ATH of bitcoin is slightly above 17k
This year I don't expect a big growth with bitcoin as well as with the leading altcoins in the market. The world market is experiencing the worse economy in years, at the same time bitcoin and the associated market have experienced a better growth ratio in comparison to the previous years. This has served bitcoin to reach $12k and the $17000 can be experienced by the following year beginning.And as it was already written to you, the ATH of bitcoin is slightly above 17k
But the crisis could be a big boost for bitcoin's growth, right? All governments print money in order to revive the economy and, in theory, values that cannot be printed (such as bitcoin) should seriously increase in value. All the years of bitcoin's existence, we have heard that it is an anti-crisis asset and now is the time to prove it.
August 29, 2020, 12:48:04 PM
Lets be positive, bitcoin will rise up more than 17k this year. No matter what happen im still confident that bitcoin can reached its new ath within this year. Thats how strong bitcoin is.
You are very optimistic, but there is little time left until the end of the year. At the moment, I am not observing any reason for a sharp price movement to begin (maybe the second wave of the coronavirus will fix this? I hope not).
And as it was already written to you, the ATH of bitcoin is slightly above 17k
August 29, 2020, 12:42:40 PM
Bitcoin at $11 k I don't think it's bearish, when we are struggling to get at $11 k for almost two years, I'd like to believe that we are in a bull trend, and price will eventually reach another all time high, it's only a matter of time, the buying motivation is going strong many investors are now turning to Bitcoin to protect their assets and investment.
I agree. Technically, the +/- $ 1,000 is the natural fluctuation of the bitcoin price. Another thing is that the bullish trend has already ended and many people believe that its resumption is unlikely without a more or less prolonged bear market.
Bearish certainly will not be close at this time the market movement will continue to be prolonged according to what is happening with the current trend, many people are already convinced that the value of bitcoin will soar even though fluctuations continue to haunt other investors but I am here strongly confident that the upward trend will continue where many of these DeFi projects could possibly increase to the bitcoin price.
The bear market wouldn't be so bad this year if they weren't in a state of panic which is what could cause the market to get worse.
August 29, 2020, 05:38:31 AM
Lets be positive,
of course we are , being positive is better than being negative . the more you think of that thing the more it will happen , you dont want negative things to happen arent you . Quote
bitcoin will rise up more than 17k this year. No matter what happen im still confident that bitcoin can reached its new ath within this year. Thats how strong bitcoin is.
yeah men thats will happen . btc might be down this time but lets ignore that fact , price can comeback an it will continue to 17k dollars but 17k dollars is not the ath for btc mate just so you know . 
August 29, 2020, 04:21:03 AM
Lets be positive, bitcoin will rise up more than 17k this year. No matter what happen im still confident that bitcoin can reached its new ath within this year. Thats how strong bitcoin is.
August 29, 2020, 04:11:00 AM
The first one will be 17k if you ask me. I am not saying it will happen right away but if you ask me "which one bitcoin will hit first, 9k or 17k?" I would answer that with 17k, I believe that bitcoin is still on a bullish run and the price would go up very soon as well, this 12k try is not over, we tried it once and went down, we will try again and will go above and stay there this time.
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So, if you are so confident in this, then there is a great opportunity for margin trading now? We can bet on growth up to 16k (for safety net), while choosing a margin trading ratio that will not liquidate us even at 8k (also for safety net). It seems to me that if such a bet works, then we can get a profit of about 50% only on this one move
August 29, 2020, 03:43:12 AM
The first one will be 17k if you ask me. I am not saying it will happen right away but if you ask me "which one bitcoin will hit first, 9k or 17k?" I would answer that with 17k, I believe that bitcoin is still on a bullish run and the price would go up very soon as well, this 12k try is not over, we tried it once and went down, we will try again and will go above and stay there this time.
When we go above 12k and not go down that will be a big sign of bullish run and more people will come and when more people comes there will be a lot more going up as well since new people means more money going into bitcoin and more money going in bitcoin means higher price of bitcoin as well. I am not sure if it will be like that forever because eventually it will go back down but we will definitely hit 17k first.
When we go above 12k and not go down that will be a big sign of bullish run and more people will come and when more people comes there will be a lot more going up as well since new people means more money going into bitcoin and more money going in bitcoin means higher price of bitcoin as well. I am not sure if it will be like that forever because eventually it will go back down but we will definitely hit 17k first.
August 28, 2020, 04:56:08 PM
Bitcoin at $11 k I don't think it's bearish, when we are struggling to get at $11 k for almost two years, I'd like to believe that we are in a bull trend, and price will eventually reach another all time high, it's only a matter of time, the buying motivation is going strong many investors are now turning to Bitcoin to protect their assets and investment.
I agree. Technically, the +/- $ 1,000 is the natural fluctuation of the bitcoin price. Another thing is that the bullish trend has already ended and many people believe that its resumption is unlikely without a more or less prolonged bear market.
August 28, 2020, 12:21:19 PM
Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
Bitcoin at $11 k I don't think it's bearish, when we are struggling to get at $11 k for almost two years, I'd like to believe that we are in a bull trend, and price will eventually reach another all time high, it's only a matter of time, the buying motivation is going strong many investors are now turning to Bitcoin to protect their assets and investment.
August 28, 2020, 11:15:40 AM
The price is not really looking like it is going down that easily. We have seen over $12k and that was a great moment however one thing is for sure, when it went down it could have hit the $9k price as well but it didn't that means bitcoin is not bearish, if it was bearish the price would have hit lower but it didn't that means buyers are still around and they are still keeping the price higher as well, that is why I believe it is hitting $17k first, not because it is bullish but because it is not bearish at all.
Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
August 27, 2020, 06:34:02 PM
Glad I didnt give up on my early bearish take, it is generally weak for this moment and a bit of a momentum stall basically. We have to build up a picture of why and how much of pullback is due. Always crypto will fight and try to go upwards while declining and its hard to sort which is the dominant of the two.
Still looking for strength and support long before we come near 9k but imo it is feasible to get there but probably much further out then straight away now I was thinking upto a month from now. Graph shows us touching weekly average, not able to break upward and also now below a rough monthly measure. We're in a negative phase to price action, I'll look at daily also to out rank this 200 day is the obvious foot hold.
Still looking for strength and support long before we come near 9k but imo it is feasible to get there but probably much further out then straight away now I was thinking upto a month from now. Graph shows us touching weekly average, not able to break upward and also now below a rough monthly measure. We're in a negative phase to price action, I'll look at daily also to out rank this 200 day is the obvious foot hold.
August 27, 2020, 06:03:49 PM
This is another forecast in the series "the price may fall and may rise". Nothing useful )
As far as my opinion is concerned, both directions are equally probable, but the 9k level is much closer, so if I had to choose, I would bet on moving to this level.
Actually a tiring up thing already where you do hear up these calls commonly or these media outlets just do post up something just for them to get some attention but actually these articles doesnt really give out something new but just a typical speculation on where an average joe can able to do so.Slipping to 9k wouldnt really be that far and to think that price would always have the tendency on crashing even way more lower that anticipated.As far as my opinion is concerned, both directions are equally probable, but the 9k level is much closer, so if I had to choose, I would bet on moving to this level.
If it drops then buyback but is it really as it sounds? No. and now the price is tanking below 12k level but we wouldnt know on what would be the next movement neither it would go below 11k and head down to lower levels
or would simply break that 12k and go forth or would just retest this resistance one again? those are probabilities on next movement and as a trader then you should be smartly utilize it.
You right. By the way, I sold my bitcoins (earnings from a signature campaign) at the price level of $ 12,300. In principle, now I have made a good profit if I buy them back, but I think that the fall will continue, so I will wait for an even more profitable option.
August 27, 2020, 12:33:29 PM
Even with coronavirus still around? No, I don't think it can hit 17k.
A lot of people holding bitcoin may want it but it's a low percentage to happen.
Back to $9k might even have a higher chance than a pump.
Not much buyers. Usage is still low. What drastic reason could there be to make a pump?
A lot of people holding bitcoin may want it but it's a low percentage to happen.
Back to $9k might even have a higher chance than a pump.
Not much buyers. Usage is still low. What drastic reason could there be to make a pump?
Some medicine company are already on the final stage of there trial of vaccine for COVID-19. According to them, Vaccine can be used next year so it pump can happened. DeFI coin drive the price up of the whole community including BTC. You are right that there is a chance that it will fall to 9k because of correction due to huge gap on MA. Correction can't avoid especially when the coin is already oversold but 17k is possible but not this year. Maybe early next year or magically on last week of december just like what happened on 2017 bitcoin pump to ATH.
August 27, 2020, 11:58:12 AM
Even with coronavirus still around? No, I don't think it can hit 17k.
A lot of people holding bitcoin may want it but it's a low percentage to happen.
Back to $9k might even have a higher chance than a pump.
Not much buyers. Usage is still low. What drastic reason could there be to make a pump?
A lot of people holding bitcoin may want it but it's a low percentage to happen.
Back to $9k might even have a higher chance than a pump.
Not much buyers. Usage is still low. What drastic reason could there be to make a pump?
August 27, 2020, 03:54:07 AM
It really is hard to predict where the price is going to head it''s either it moves forward or backward, it could go either way it' been like this ever since Bitcoin was traded, there are so many factors why the price goes up and down, but I just notice that bad news will not make a big impact on the price anymore, but the good news does make a big impact on the price the market has matured.
I just hope that the price will not go down below $10k because if that happens, I cannot imagine what people will react, especially if they still hold bitcoin that they buy at $11k. But I think some people already cut their bitcoin's loss because today, the price is down again and reach $11,300-$11,400 level, and the price has the chance to go down for further.
We hope that the bad news will not make the price go down, so people will not confuse and panic. I am sure that it is just another correction that will always happen to bitcoin price, so after this drama, the bitcoin price will have more chances to break every high price. You need to be ready by watching the price moves because we never know if the price will go down or go up this day.
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