everything is possible in the bicoin market. at the moment the price of a $ 7400 bitcoin is actually just waiting for $ 600 we can reach $ 8,000. but if the bitcoin market like this goes up and down it will be quite difficult to be able to reach $ 8,000.
a few days ago the price of bitcoin has reached $ 7800 then dropped again to $ 7200. the bitcoin market is very volatile.
Topic: Bitcoin go to $8000 soon look this fractal - page 2. (Read 995 times)
All credits to you for your January 2018 prediction of long lasting bear market. But what is your February 2019 prediction based on? You predicted change of trend and $8000 in December 2019 which is quite accurate but you didn't expected 13,000+ on the way. So do you have a new long term prediction based on newer data? Would love to see it.
In my 2018 statement I said, I saw patterns and history in the year before it. so for the 2019 analysis this is the same as I see patterns and history and some indicators as tools I predict. and maybe if my analysis in 2019 is correct in the range of $ 8000 this month. I will make another long-term analysis next year.and you ask why not 13,000$? because in my opinion it's not possible, after I saw the TA there are no indicators that allow for the price of 13,000$.
We almost did touch $8k, as far as I know the price seems to hover to $7800 in the last 48 hours or so, unfortunately, it went back down to $7300 again. I guess $8k is a big wall and psychological barrier for now at we can't get this hump over. But I'm still positive that we can breach this price in December and hope that we can at least break into the 5 digit before the year closes.
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from now less than $700 to reach $8,000, I think that's very likely to be achieved this month. and I am confident in my prediction, last February I made a technical analysis.
I was motivated to make a long-term technical analysis, previously in 2018 ago I also made a thread HERE
Try to see the picture below.
I was motivated to make a long-term technical analysis, previously in 2018 ago I also made a thread HERE
Try to see the picture below.
All credits to you for your January 2018 prediction of long lasting bear market. But what is your February 2019 prediction based on? You predicted change of trend and $8000 in December 2019 which is quite accurate but you didn't expected 13,000+ on the way. So do you have a new long term prediction based on newer data? Would love to see it.
from now less than $700 to reach $8,000, I think that's very likely to be achieved this month. and I am confident in my prediction, last February I made a technical analysis.
I was motivated to make a long-term technical analysis, previously in 2018 ago I also made a thread HERE
Try to see the picture below.
I was motivated to make a long-term technical analysis, previously in 2018 ago I also made a thread HERE
Try to see the picture below.
but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.
halving is not just hype, but history proves it can make prices move higher.
in general, from the current price, bitcoin is short of $ 500 before returning to the level of $ 8000 and I think it's just waiting for the moment until the price of the bitcoin pump goes to that level. but it seems at the beginning of this December, the price of bitcoin will only be stable at the price of $ 7600 - $ 7800. I believe that after December 5, we can see whether the price of bitcoin will go up, or down. that is my predict before the chart starts surging again. halving is not just hype, but history proves it can make prices move higher.
I think the bottom could be in. Since we are approaching the halving in a few months, I expect Bitcoin’s price to start to increase soon an double by the halving.
Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.
but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.halving is not just hype, but history proves it can make prices move higher.
Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.
but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.halving is not just hype, but history proves it can make prices move higher.
Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.
$8000 is a psychological resistance, if the price goes up to $8000 then there is a role reversal that will happen and for me it is a good sign. If the price consolidate with $8000 then I can say that theyre is willing buyers in that area and I will also buy if that happen. The risks and reward ratio is also good if my bias will happen.
The willingness to buy from retail investors are always there, as the price slowly recovering from a $2,000+ price plummet. The sudden fall of Bitcoin maybe played by market manipulators so they could buy at a lower price as well.
Now, as we are getting closer to the Bitcoin halving, I dont think Bitcoin will drop below $7,000 level again. Specially now that we are about to enter the last month of the year.
THIS IS A VERY BEAUTIFUL FRACKTAL BY @Stillman_Crypto
I think everyone should know this fractal, bitcoin is already below and will soon recover quickly above $ 8000.
I found this chart on https://www.newsbtc.com/2019/11/27/eerie-bitcoin-fractal-suggests-bottom-6600-surge-8000/
I don't think there is any time for the train to run slowly, it won't even touch the bottom wall, I just reminded that we are at the end of the year entering December, there is no time but to go bloody and reach ATH gradually, no matter what people say about prices below, let's see that everything will recover, if prices continue to be maintained until next Monday, it will continue to rise in the next few weeks I think everyone should know this fractal, bitcoin is already below and will soon recover quickly above $ 8000.
I found this chart on https://www.newsbtc.com/2019/11/27/eerie-bitcoin-fractal-suggests-bottom-6600-surge-8000/
I wouldn't be surprised if we see bitcoin touching $8k. I thought that the resistance in the $7600-$7800 will be that great that it's going to be a psychological barrier. But look at the current price, some exchanges reported the price to be above $7800 so it's going to be interesting what's going to happened in the next 24 hours.
I do hope that this is not another bull run otherwise we will plunge to another lows in the coming days. So let's continue to observe if we are going to have another break out run to $8k.
I do hope that this is not another bull run otherwise we will plunge to another lows in the coming days. So let's continue to observe if we are going to have another break out run to $8k.
I'm pretty sure bitcoin will soon reach $ 8000 because since yesterday it started to increase again and now the price has reached $ 7800. maybe tomorrow or the day after tomorrow the price of bitcoin has reached $ 8,000. if this good situation continues at the end of this year bitcoin can reach $ 10,000. bitcoin is very volatile if we can utilize bitcoin volatility well we will get a big profit.
$8000 is a psychological resistance, if the price goes up to $8000 then there is a role reversal that will happen and for me it is a good sign. If the price consolidate with $8000 then I can say that theyre is willing buyers in that area and I will also buy if that happen. The risks and reward ratio is also good if my bias will happen.
It can go to 8000. I saw a number of youtube traders talking about it. 8000 is the top of the downtrend channel and breaking it would mean a bullish reversal is coming. The bottom is around 5000 so if we don't break it we will probably go to make lower lows and continue our way down.
Since everybody is talking about it you can expect a lot of shorts to form before we touch 8 thousand that can make us reverse earlier. Maybe 7900 that we touched will be that level?
Since everybody is talking about it you can expect a lot of shorts to form before we touch 8 thousand that can make us reverse earlier. Maybe 7900 that we touched will be that level?
As of now, bitcoin is slowly recovering from the dump last week, hoping to continue next month.
It's just a bounce, one of the many we had before. There is no point in believing that we're due for a recovery as long as we haven't seen the market break above at least the $10,350 wick, because every increase that tops out below that wick is technically just another lower high.
I have taken on another short just above the $7700 level today even though I do believe that there is some 5-10% more upside potential. In case we do end up going up I can sit it out easily at 2x leverage without having to worry about liquidation. Surfing the trend down is better than fighting against it unnecessarily.
I'm not so sure that Bitcoin will reach 8000$. Don't forget that the pump doesn't necessary need to last, it could be only question of a moment. Although I think that the price might reach 8000$ or 9000$ by the end of the year that doesn't necessary need to happen now.
Maybe such a pattern of growth could happen, but with the growth we're experiencing at present there is more chances for $8000 by tomorrow as the price has now crossed $7550. Beyond this if there is no growth can expect the price to fluctuate between $7500 and $7800. By the time if price reach $8000 there is chance for a fall by the first working day day of the week. 
I'm not so sure that Bitcoin will reach 8000$. Don't forget that the pump doesn't necessary need to last, it could be only question of a moment. Although I think that the price might reach 8000$ or 9000$ by the end of the year that doesn't necessary need to happen now.
I'd except high $8k, we re not there which makes me worried. So further lows could be a possibility from now. Expected some wild firework. :/
I'm not so sure that Bitcoin will reach 8000$. Don't forget that the pump doesn't necessary need to last, it could be only question of a moment. Although I think that the price might reach 8000$ or 9000$ by the end of the year that doesn't necessary need to happen now.
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