Too early to call, just have it hold 9080 for now and it could do well from there on out through the week.
Topic: Bitcoin Holding 9000$ Support (Read 620 times)
Its crawled back above the 2 day moving average once again, could be this is not the time to fail any larger support. Still in a range though I do think it looks increasingly negative over greater then this near term but it can always buck that impression and form a new trend once again, my guess is still down after this positivity runs out.
Too early to call, just have it hold 9080 for now and it could do well from there on out through the week.
Too early to call, just have it hold 9080 for now and it could do well from there on out through the week.
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
Asking regarding on what would be the next movement? No one knows and it has been like this ever since. Support is indeed on 9000 and we are holding pretty well.
Lets hope that there would be no breakouts in upcoming hours or days yet we are only 100 bucks far away into that support and gradually tanking down.
Just like as mentioned if this one would be broke out then next will be on 8600 and if it gets lower then it would be on 8300 and if that thing do happen
then be ready to fill up your stash with cheap coins.
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
$ 9,000 is indeed support, but there is far more important support, at $ 8800, if it is broken then $ 8500 awaits us 
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
The support at $ 8800 has survived, and now $ 9,000 has become support again because the price of Bitcoin has risen to $ 9100 again, we'll see if it will return to support or break resistance 
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
Most likely the market will keep moving sideways for some time, right now it does not seem as if the market will take any direction, it is true that bitcoin is holding itself above 9k but that is it, the price is also trapped below the 10k resistance level and it does not seem like there is a lot of enthusiasm for bitcoin right now as the full effects of the pandemic are still to be seen, so watch the market for any sudden movement but most likely the current conditions will keep going at least for a few more weeks.July and August are usually very slow months since people dont trade but take break and go on vacations. This year could be different because people were off work earlier because of covid-19. We will see, if all will go as it did in past we will see no big movements before autumn.
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
Most likely the market will keep moving sideways for some time, right now it does not seem as if the market will take any direction, it is true that bitcoin is holding itself above 9k but that is it, the price is also trapped below the 10k resistance level and it does not seem like there is a lot of enthusiasm for bitcoin right now as the full effects of the pandemic are still to be seen, so watch the market for any sudden movement but most likely the current conditions will keep going at least for a few more weeks. 
The near-term outlook looks bearish due to the difficulty in the price recovering above the $ 9700 level, as the price has closed for the previous four days in the negative area.
Both 20-day SMA ($9,420) & the 50-day SMA ($,9,760) are above the price level.
Fibonacci 23.6% (psychological level) between $9,000 and $8,700 Also, yesterday's panic did not cause a rebound to $8,700.
I expect the price to be in this region
Both 20-day SMA ($9,420) & the 50-day SMA ($,9,760) are above the price level.
Fibonacci 23.6% (psychological level) between $9,000 and $8,700 Also, yesterday's panic did not cause a rebound to $8,700.
I expect the price to be in this region
I was wrong thinking for Bitcoin it never falls back to below $9k but this is it, we are already at $8.9k( at this post) preev.io.
This is probably is all about the continuous increase of COVID-19 patients which boldly affects the economic status globally and brings into a huge market recession which certainly makes investors and traders keep their money than to invest.
This is probably is all about the continuous increase of COVID-19 patients which boldly affects the economic status globally and brings into a huge market recession which certainly makes investors and traders keep their money than to invest.
considering the unjustifiable negative sentiment that has been going on these recent days and how price jumped back up above $9k for the second time in 2 days i'd say this support level has been holding pretty nicely so far.
i doubt it has anything to do with COVID-19, the drama is still ongoing but the world has been slowly creeping back to normal again. with the volumes being high i'd say the investors still have a lot of money to invest they are just undecided and scared for now since the rally has not yet begun.
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
False pump from idiots that wasted their stimulus checks is over,
look down$ young man, look down$.
Pretty sure those checks won't go to waste If these people who you called idiots will continue to hold till the next bull season. Nevertheless, this are just a normal volatile movements of the price.
However, the current price movement from the last 3 days seems to be going in a gradual downward movement, and this might disappoint some of those who uses their stimulus checks. But then again, If these people has a long term investment perspective, nothing's going to waste.
Bitcoin volatility is still very good but only support is not strong enough to move forward so that bitcoin will not break in the near future this may take several more months to recover past the price of $ 10,000. Economic problems are also still being affected because some people are still depositing some money in the form so that this investment will be a little hampering in crypto with several other reasons.
But this support will not be too basic in its analysis bitcoin is still quite strong in its resistance.
But this support will not be too basic in its analysis bitcoin is still quite strong in its resistance.
Agree with your prediction with bitcoin support on $9000 but I hope bitcoin could break to higher price and stable on the price always, long time moment we are waiting for bitcoin back to higher level again after crash last 2018 with lower price, more than three years bitcoin keep going down and never stable above $15k like happen three years ago.
Bitcoin is holding 9000$ support very well so far. If Bitcoin hold same support level next 2 days . bitcoin next movement ?
It looks like the bitcoin support level was on a $8900 level, and fortunately we are able to go back to $9k level but we can’t tell how long we will stay on this level. Bitcoin is on a sideways, I don’t see any big up trend not until we break the wall on $10k this coming 3rd quarter of 2020, let’s just keep updated and be ready for whatever trend bitcoin will take this year.
Bitcoin is difficult to predict even if it experiences the same thing as the analysis that has passed, the movement of bitcoin will go in the same or opposite direction so that no community can be sure of the actual direction of bitcoin movement.
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You can move the topic to the speculation section, as it is the place to discuss technical analysis of cryptocurrencies.
As for Bitcoin's stability between the 9k and 10k levels, I think it will continue for a short period of time, and then we can see the price move to more than 12k.
As for Bitcoin's stability between the 9k and 10k levels, I think it will continue for a short period of time, and then we can see the price move to more than 12k.
I agree about moving this thread to speculation section since the discussion is all about price speculation. But the graph is clearly telling that the 9k support will not gonna last longer. It will be break sooner or later. The RSI was still around 40 while the price was near to 9000 already so it means that there is a strong chance that BTC plunge more. This will maybe a short term plunge but still 9000 will be broken.
Quoting my post yesterday when BTC was sitting around 9200. It really plunged down below 9000 level and I believe this will continue unless BTC closed strong above 9000 today or else bears was in control in the current trend. I hate that my prediction was right because I don't BTC to fall price since my assets will be affected too.
Anyway. I hope that this thread will be closed soon since there's already about this speculation and BTC really broke price support 9000 yesterday by closing daily candle stick below that price support.
so far Bitcoin still hold remained above $ 9,000 and we cannot predict the next price movement. but I think the upward trend can still occur and maybe we will soon see an increase in the price of Bitcoin to $ 10,000. even though the potential to drop below $ 9,000 can still happen, but I'm sure it will only last at $ 8,300. indeed the price of Bitcoin maybe cannot be predicted and only time can give the answer.
Bitcoin is a strong currency but its price is likely to rise again Now is a good time to hold bitcoin I support bitcoin holding 9000 and believe that bitcoin will pump again even if it goes below 9000. So we have to wait patiently The chances of losing bitcoin investment are very low If we analyze the market properly we will be able to understand the difference in its price The bull run is almost going on in the market.
I believe bitcoin has a very strong support price at $ 9,000, so I decided to hold bitcoin. Because based on my analysis,
bitcoin will be up in a few days. But if the price of bitcoin drops to $ 8800, I decide to cut-loss. Because if the support
price of $ 9000 can be broken, then the price of bitcoin can dump up to the price of $ 8500.
bitcoin will be up in a few days. But if the price of bitcoin drops to $ 8800, I decide to cut-loss. Because if the support
price of $ 9000 can be broken, then the price of bitcoin can dump up to the price of $ 8500.
I've found myself comfortable and think that we still lying in the same range today and in the next days. The market won't have that huge support level to make a push and surpassed the next market uplift. However, we can't disclose being volatile and that it can trigger for unexpected trends. Anyway, I believe we are obviously prepared for what it happens next, its either ups or down, people will still remain their trust in crypto but much more glad to see if Bitcoin will have its surge so we can step forward for the next target ($15k). 
I think that it is quite difficult to predict what will happen to the price next, moreover for the 2 days later. this market is so volatile, Bt sometimes the price of BTC is sideways. I am not a good trader that can analyze the chart of the BTC market graphic. So, I don't know enough about the high level or down that will be faced by this coin.
However, so far, its range is at $9k and I don't want that this coin will be under $9k for a longer time. Better to stay up more than $9k. However,r the price will be also based on how the market will be. So far, in some current days, the BTC gets bearish time although it is not significant enough.
However, so far, its range is at $9k and I don't want that this coin will be under $9k for a longer time. Better to stay up more than $9k. However,r the price will be also based on how the market will be. So far, in some current days, the BTC gets bearish time although it is not significant enough.
Don't expect Bitcoin to repeat the 9-10K pattern for far too long. It is as traders say. Either we break above 10K decisively or someone gets bored and dumps.
I'm bullish and I think we will give it another shot on doing just that. Perhaps 11K will be next stop. Turning resistance of 10K to support means that the new bull run just began.
It is what I was also analyzing. Although I was looking and find out why it'has regressed to 8k? What is very sure that there will be many people buying, the volatility makes taking risk to lose or win. Buy and HOLD Bitcoin and sell when necessary. I'm bullish and I think we will give it another shot on doing just that. Perhaps 11K will be next stop. Turning resistance of 10K to support means that the new bull run just began.
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