Bitcoin price. Will go up? or Will go down below $8600? over the night - page 2.

jhonjhon

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Quote from: alexsandria on January 23, 2020, 01:50:34 AM

Quote from: aosis on January 20, 2020, 12:29:42 PM

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think?

Well, bitcoin recently just dropped at $8,521, and it seems it will continue to fall down as it break the support level. So I don't think that is safe to buy yet though you could but I just kind of feel that there will be more better opportunity to buy down below. Well, depends upon you, who knows that it might pump up later, right?

The price now is at $8,410 which actually when down a bit but I think this is only temporary the price has a strong resistance at $8,000 so if it will go down I think it won't go down below $8k mark. This should be a good time to buy coin since the price is lower, it is a good opportunity to increase your coins.

alexsandria

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Quote from: aosis on January 20, 2020, 12:29:42 PM

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think?

Well, bitcoin recently just dropped at $8,521, and it seems it will continue to fall down as it break the support level. So I don't think that is safe to buy yet though you could but I just kind of feel that there will be more better opportunity to buy down below. Well, depends upon you, who knows that it might pump up later, right?

jostorres

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Considering the "long term" people have been talking about is literally years in the future, I think we are still at a good buy place if you plan on holding it for long term. However if you are a short term trader we still have no idea if it will go up or down.

All I know is that price goes up and doesn't stop when it goes up to huge numbers, it doesn't just go up, stay, down a bit, continue up, stay, down a bit and cycle like that to higher levels, it just goes up without ever stopping, so it means that even if the price goes up again in the near future, it won't be as crazy as some predictions, it would be just around 10-11k at most by the looks of it. That is still profitable and you can still aim for that if you want but I don't know if that worths the risk involved right now.

The Sceptical Chymist

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Quote from: aosis on January 20, 2020, 12:29:42 PM

Hey guys. It's been almost two days that Bitcoin price stays still.

And another two days later, bitcoin is still stalled out at around $8650--but that's what it does from time to time. It's quite possible that it'll stay range-bound for a while (as in months), because that's happened a number of times in the past after relatively big gains. It's impossible to say what's going to happen, and believe me I wish I knew.

It's times like these when I start wondering if bitcoin is going to break to the upside or crash back to whatever support levels TA people think exist. This time I have a feeling that bitcoin will go higher once it starts moving, mainly because of the upcoming halving, but I can't tell you how many times I've been wrong in the past. We're all just going to have to wait and see--just like always.

Meowth05

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First of all what kind of trading are you unto if you are going for short term trade probably, you should wait more for Bitcoin to drop because there are some speculations expected that Bitcoin will drop before the halving. However, if you are going for long term trade I think it doesn't necessarily when you are going to buy but much better if you will do it right now.

bitcoindusts

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It seem Bitcoin had been going sideway this past few days, I wonder when will it start to rally again. Analyst are quite separate in their preditcions. It seems Bitcoin is unable to break important two resistance ($8.7k , *$8.8k) for it to rally towards $9k and above. Some analyst stated that if this two resistance is broken, the path to $9.5k will be easy.

bitbunnny

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For all these questions we would need a cristal ball and if we new the answers we would have been rich people.
At current moment it's hard to determine precise direction that price will go. I don't expect some significant grow but we might touch 9000$ although not for long because another corrections might happen. To my opinion price has tendency to fluctuate and go back and forth in the upcoming period.

ultrloa

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Quote from: msarro on January 22, 2020, 08:02:59 AM

Quote from: aosis on January 20, 2020, 12:29:42 PM

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think?

Price to buy bitcoin at safe margin was around 7000$. In my view, this price is a bit high to buy BTC. If you are looking to buy btc then wait for next dip. Bitcoin wont be going only up, just be ready with some cash and catch btc when it start coming around 7k$.

So what if the $7000 dip didn't came? You will be left out right? might you will join the FOMO and buy the bitcoins at more expensive price so better as of today if people want to buy the they should do it since we are in positive scene right now since the most awaited halving is coming and will take effect soon.

Inkdatar

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Bitcoin price may go down and up so it is unpredictable. If we are willing to invest that you can afford to lose invest some btc. As we know we cannot foretell if what price of bitcoin will heading. So still it is your own decision whether to accumulate btc at this stage.

Ridwan Fauzi

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The good sentiment market has been coming, I'm still believe that bitcoin price will go up again later.

You should be calm to face this step and just focus to the target as you wanted. And I think you should choose long term trade at least until halving event comes.

msarro

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Quote from: aosis on January 20, 2020, 12:29:42 PM

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think?

Price to buy bitcoin at safe margin was around 7000$. In my view, this price is a bit high to buy BTC. If you are looking to buy btc then wait for next dip. Bitcoin wont be going only up, just be ready with some cash and catch btc when it start coming around 7k$.

Shinpako09

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Just like you, we don't even know on where btc is going. Since we have a fall already and btc stays still, I guess it's safe to say that you can buy now, just my thoughts. Even if price will go down from the time you've bought, I think it won't hurt that much and will recover again. We are still in good run since we have a strong support at $8.5k floor. If the fall cause panic, we shouldn't be stays still, but it's not. This is just my opinion, follow your guts first before others. It's better if you use to make your own decisions.

Landak

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It seems you have doubts.well, if you feel you have to buy bitcoin at that price then buy it without having to think too much because if you think too much it will make you get many choices and increasingly doubt the decision you will make. my suggestion, because many people already assume and often say that bull signals have appeared so buy it immediately while there is a chance.

vintages

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I am guessing you are among those that were waiting when the price was low to get lower before buying. Recently, I feel no one can specifically tell anyone whether to buy or not. The decision is yours, you can either choose to buy or not. You don't have to let anyone decide for you since it has to do with your money.
But buy with money you are willingly to forgo, it doesn't necessarily have to be 1btc, some satoshi can do and remember not to expect a quick return.

Apened

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Quote from: aosis on January 20, 2020, 12:29:42 PM

Hey guys. It's been almost two days that Bitcoin price stays still.

I am on the tipping point of whether or not to buy Bitcoin now around $8650..

What do you guys think?

We are in a uptrend but we can't guarantee where it was heading right now so for me it would be better if we are going to wait for a move to where it is really heading into. I sold in the last drop yesterday because i think it was going down but it was only a fake drop so for me i am waiting for the real volatile move to where it going and ride the trend.

Wysi

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Now the bitcoin market is progressive so it would be beneficial if you buy it now and stay active to avoid any loss even in case of any possible dump, suppose if you buy at a future just set a reminder to sell out if the value drops by more than $50 to avoid incurring loss and then buyback when it starts to recover. It's not easy to just invest and relax assuming we will get ROI as we used to do in the past.

jakelyson

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Usually, when the price moves this way, it is in the accumulation stage and will move up in a few weeks. It is a good idea to buy some bitcoins now while it is accumulating. And even if the price does not move as we expected in the near future, we have a very bullish market sentiment for 2020. It is very likely that you will have a positive profit at the end of the year even if you purchase at the current price.

Febo

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Quote from: aosis on January 20, 2020, 12:29:42 PM

I am on the tipping point of whether or not to buy Bitcoin now around $8650..
What do you guys think?

Buy a bit every week or every month. As much as you can easily afford to lose. That way you dont bother if that day was expensive or cheap. Over longer period of time your buying price will get to medium.

Oceat

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It's better to buy already if you see what is the stable price because if you wait longer you might missed your chance to buy the cheapest price. Don't think too much thinking that it would rise or drop, no one could actually say what would be the next price in the future. So, be resourceful on your own and stop asking for any advices from the other people.

tbterryboy

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Well, bitcoin doesn't move constantly, you can't expect it to be volatile all the time, that would be unsustainable for bitcoin as well, no one trades that frequently and that much. Sure there are day traders but they are few and rare in between compared to long holders and exchanges who keep the money in their cold wallets. True fact is that bitcoin does a move quickly and inside a day, it goes from 7k to 9k in few days, then it has to stop, what can it do? Go from 7k to 9k and then to 11k to 13k and continue like that?

Eventually it will have to stay at the same price and we are at that position right now. Maybe it will go up next, maybe it will go down (I think up is bigger chance) but in the end we can't expect it to do it so quickly, we have to give it some time to recover and recollect itself.

Topic: Bitcoin price. Will go up? or Will go down below $8600? over the night - page 2. (Read 758 times)