Bitcoin Heading to $70,000 - page 5.

pealr12

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Quote from: tokeweed on September 07, 2021, 09:45:31 AM

The uptrend has been jinxed. I blame this thread! Lolol. Cheesy

... Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again. Everything is red atm.. Except for of few alts which will be red soon.

Edit: Open BTC chart and listen to this: https://www.youtube.com/watch?v=tFWy17DCqBo

Definitely got jinxed, lol, I don't know if we are already facing the correction everyone speaks about, I was hoping with the El Salvador btc adoption news that the market will be extremely bullish but it is a bit confusing to see a slight crash instead of a pump, perhaps the whales are at it again.

jossiel

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Will it be?

After sitting for a couple of days above $50k then it surprisingly dropped to $46k. That's a lot of discount for those who are waiting for it to drop somehow.

But with the possibility of heading to $70k, it's huge with this correction, recovery has to happen and it might go back with a higher price.

tomahawk9

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Quote from: Tessnik on September 07, 2021, 03:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal

momentum aaaaand its gone...we're below 50k now, currently sitting at 46.9k...what's this signal called? Roll Eyes

Quote from: tokeweed on September 07, 2021, 09:45:31 AM

The uptrend has been jinxed. I blame this thread! Lolol. Cheesy

... Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again. Everything is red atm.. Except for of few alts which will be red soon.

whales trying to fuck with the news about El Salvador making btc legal tender today? *takes off his tin foil hat* but seriously, it's certainly not a coincedence. Biggest price drop in months. This sucks, ffs!!

rincoeng1986

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Quote from: GeorgeJohn on September 07, 2021, 10:25:23 AM

Quote from: MrcMrc on September 07, 2021, 08:47:04 AM

The possibility of Bitcoin reaching 70k at the end of September is not there, if you study the market closely you discover that after every 10k price increase there is always a long time of resistance and even possible price corrections downward before it will gradually pick again. I don’t see Bitcoin making that much gain in September I predict a more stable market throughout this month.

People just feel like to discuss or portray anything they feel like to discuss, because at early today bitcoin was at range of fifty thousand (50k) but later bitcoin went back to forty four thousand (44k) but right now bitcoin is at forty six thousand (6k) so base on the movement of bitcoin it's not predictable, you might see btc climb to seventy thousand as people are emphasising but within a minute it goes back to something you can't expect or believe, so their is no assurance of increment or domination.

yes right, in one minute bitcoin can go down is very impractical. from $52k bitcoin back to $44k. how can we predict if bitcoin can penetrate $70k at the end of september. need a lot of fuel to get through $70k in the next 25 days. I don't think it's possible to break $70k at the end of September, because market conditions are very fragile and difficult to predict.

AmoreJaz

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Quote from: fortunecrypto on September 07, 2021, 10:13:27 AM

Quote from: Tessnik on September 07, 2021, 03:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Anyone and everyone can predict but prediction should be based on how the market moves $70k is quite unrealistic based on how the market moves and September is a weak months based on market history, we're lucky if it reaches $60k checking the price now
$47,892.64 7.25% down by 7.25% but I expect it to regain and bridge the $50k level again.

and as we speak, it is now down again to $45737 according to coindesk's price. after hitting more than 50k for few days, we are now going back again. so heading to 70k? i dont think so as well. but you know in this market, after everything we've been thru, market direction sometimes surprises us with unexpected twists and turns. 70k may happen but imo, not yet this month. we need to achieve the 60k level again and for that to happen we need more tangible news related to btc.

GeorgeJohn

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Quote from: MrcMrc on September 07, 2021, 08:47:04 AM

The possibility of Bitcoin reaching 70k at the end of September is not there, if you study the market closely you discover that after every 10k price increase there is always a long time of resistance and even possible price corrections downward before it will gradually pick again. I don’t see Bitcoin making that much gain in September I predict a more stable market throughout this month.

People just feel like to discuss or portray anything they feel like to discuss, because at early today bitcoin was at range of fifty thousand (50k) but later bitcoin went back to forty four thousand (44k) but right now bitcoin is at forty six thousand (6k) so base on the movement of bitcoin it's not predictable, you might see btc climb to seventy thousand as people are emphasising but within a minute it goes back to something you can't expect or believe, so their is no assurance of increment or domination.

fortunecrypto

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Quote from: Tessnik on September 07, 2021, 03:13:44 AM

the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

Anyone and everyone can predict but prediction should be based on how the market moves $70k is quite unrealistic based on how the market moves and September is a weak months based on market history, we're lucky if it reaches $60k checking the price now
$47,892.64 7.25% down by 7.25% but I expect it to regain and bridge the $50k level again.

tokeweed

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The uptrend has been jinxed. I blame this thread! Lolol. Cheesy

... Anyway, does anybody know any news or what’s going on or is it just the trading god wanting to torture us again. Everything is red atm.. Except for of few alts which will be red soon.

Edit: Open BTC chart and listen to this: https://www.youtube.com/watch?v=tFWy17DCqBo

MrcMrc

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The possibility of Bitcoin reaching 70k at the end of September is not there, if you study the market closely you discover that after every 10k price increase there is always a long time of resistance and even possible price corrections downward before it will gradually pick again. I don’t see Bitcoin making that much gain in September I predict a more stable market throughout this month.

Spack17

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It seems not very possible for me to witness $70k level until the end of this month. Bitcoin will have a difficulty in breaking the resistance levels as there is still no bull run. People will have a big role at this point also. Because as demand increases, it effects the price to be able to break resistance levels one by one also. My highest expectation from this month is to see $60k. It would still be okay for me as we are still not in a bull market.

mk4

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Oh god the bull posts are back.

On another note, I'm slightly surprised that I haven't seen enough press coverage concerning El Salvador's bitcoin legalization, and the fact that a freakin country bought bitcoin.

Wiwo

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Even though Bitcoin is unpredictable but reaching $70k within a month can be hard to be achieved that is almost 20k gained within that time frame. 60k Bitcoin price is still achievable but not 70.

Pulsar77

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Breaking the $50k resistance again was absolutely a signal for Bitcoin price to start going up again. And here we are seeing it! The price reached nearly $53k in the last 24 hours. If this pace goes on, maybe in one week at worst, we will see the $55k level. And at the end of the month, I think that the $60k level is quite achievable considering the recent movements. In October, we may see a new ATH first and a bull run after that I believe. After the bull run starts, the price can even reach $100k target late December.

Tessnik

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the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.

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