The longer the time frame, the more accurate the conclusions are likely to be. Some of the charts there he drew it just for July mostly which is not saying alot as we havent moved in price greatly.
Theres something of a declining price trend, lower peaks and as always if it can break that sequence its likely we can try higher and prices upto 10k perhaps. More likely is the descent in prices puts pressure of support below and I think that hold is in decline. If we can keep observing prices attempting higher and making progress we can be more optimistic but even just this morning its attempt to rise has failed at a weekly measure so weakness continues.
Topic: BITCOIN price chart suggest $9k - page 2. (Read 364 times)
The price of the bitcoin stays around $9000 which is for me a boring investment because we are almost a month for that price hoping that it would change its price for the next month or next week, it would be a boring investment if the price will not move, rising or falling is okay for me because I already have small investment so when it goes high I will make a profit, if the price will go down I will invest more thinking that it could reach more than $9k within this year, that is only my predictions, I can't say that it might happen but I will stand with it. There are so many predictions from different personalities but there is still no person who can say the accurate one.
It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)
I am also waiting for the bitcoin to move, the investment for the bitcoin will become passive because there is no big movement for it.
The price movement doesn't have a strong momentum, that's why it didn't gain consistent increase. We can't expect huge growth, since fluctuations and quick downtrend still exist. Furthermore, this entire month of July has no progress to consider because $9k range remains stable. It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)
The price of the bitcoin stays around $9000 which is for me a boring investment because we are almost a month for that price hoping that it would change its price for the next month or next week, it would be a boring investment if the price will not move, rising or falling is okay for me because I already have small investment so when it goes high I will make a profit, if the price will go down I will invest more thinking that it could reach more than $9k within this year, that is only my predictions, I can't say that it might happen but I will stand with it. There are so many predictions from different personalities but there is still no person who can say the accurate one.
It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)
I am also waiting for the bitcoin to move, the investment for the bitcoin will become passive because there is no big movement for it.
It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.
A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.
This is what bitcoin makes an exciting journey for all of us. Been decade of speculating and all, yet, no one can predict the exact price in the market. Even self-proclaimed experts doing their TAs and other types of analyses, they still can't get precise prediction. But we all believe that someday, bitcoin will go up and that idea keep us here in crypto.
It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.
A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.
This is what bitcoin makes an exciting journey for all of us. Been decade of speculating and all, yet, no one can predict the exact price in the market. Even self-proclaimed experts doing their TAs and other types of analyses, they still can't get precise prediction. But we all believe that someday, bitcoin will go up and that idea keep us here in crypto.
TLDR; At some point in the future, the price of a bitcoin will go up or it will go down.
Thanks Cointelegraph, TA is sooo helpful.
Thanks Cointelegraph, TA is sooo helpful.
Haha, you got it, the price will go up or go down simply as that. And we have seen predictions that we should be bullish by now as all indicators are pointing (like the TA is this article). But it seems that the market is not listening.
I would tend to agree that the market is somewhat boring, when the price is just sitting a nose above $9k But this is not the first time that this has happened, and this could even shake the weak hands as well because they see no movement and would just go out and exit for the time being and probably shifted to altcoin. And then just comeback when we have a break out run. Not sure if this is a good strategy though.
It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.
A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.
It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.
A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.
It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
completely agree...bring back the volatility! It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!) 
It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.
It's quite interesting to know about it. I just found it few minutes ago which published by Cointelegraph.
https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp
Your constructive feedback will be highly appreciated.
https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp
Your constructive feedback will be highly appreciated.
Probably that is going to effects the market price, most of the time articles affect the price since a lot of investors are also seeing these articles.
Still, this is still speculation for sure this is a good thing since a lot of people or investors are already invested in bitcoin because the market price of 9k$ with really has the potential since we notice the market having some movements. A lot of investors are surely interested in getting profit.
The article says about the support level in which where we are. And if it goes down, we have the other support on $8k lines.
Welp, nice read though we have the same TAs in each level.
Welp, nice read though we have the same TAs in each level.
TL;DR: At some point in the future, the price of a bitcoin will go up or it will go down.
Thanks Cointelegraph, TA is sooo helpful.
Thanks Cointelegraph, TA is sooo helpful.
At first the article looks like it's about to do some TA but then it follows that good old path we know too well. It goes like this: bitcoin is looking both bullish and bearish and it can go up above 9000 dollars or down below 8000 dollars...
If you look deeper and into the author's drawings you see that his bullish scenario points to a breakout at 9177 and possibly going back to 10000.
His bearish scenario draws the line at 7600-7800 so even the author thinks that if the price goes down you'll lose about 1500 USD and if we go up you'll maybe make 900 on your investment. Not really a 50:50 scenario for a potential investor.
If you look deeper and into the author's drawings you see that his bullish scenario points to a breakout at 9177 and possibly going back to 10000.
His bearish scenario draws the line at 7600-7800 so even the author thinks that if the price goes down you'll lose about 1500 USD and if we go up you'll maybe make 900 on your investment. Not really a 50:50 scenario for a potential investor.
It's quite interesting to know about it. I just found it few minutes ago which published by Cointelegraph.
https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp
Your constructive feedback will be highly appreciated.
https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp
Your constructive feedback will be highly appreciated.
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