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Topic: Bitcoin support levels - page 3. (Read 430 times)

legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
December 17, 2019, 12:47:33 PM
#7
we are getting closer to the end of the year and the year-end panic is upon us right now and with the latest drop that we had, all the buy supports are mostly out of the window the funny thing is that it is the same for all the resistances. we are yet in another unpredictable situation.

with that said i think $6500-$6700 must be two strong supports and prove to be very hard to break. the next 48 hours will make things a lot clearer though.
sr. member
Activity: 2226
Merit: 347
December 17, 2019, 05:52:36 AM
#6
So Bitcoin dropped under 7040$ support and fall to the next one at 6800$. Are the support level at 6800$, 6400$ and 5800$ breakable? are we really going that low. Where would be the best entry point till the end of the year in your opinion?

You can slowly buy some btc right now. The price is considered low after it went falling from the $9,000 level. Btc just touched the $6,000 level and there is a very slim chance for it to go as low as $5,000 level. Some of the investors mistake is waiting for the bottom to find a good entry point but failed to buy while the price is suitable for buying.
sr. member
Activity: 1092
Merit: 284
December 17, 2019, 05:45:29 AM
#5
Bitcoin is currently still going to continue to fall and to a low of 6800 will soon occur this support is getting stronger because of the opposite direction so it's likely to go down even more.
I estimate the lowest price is 6500 and we only wait for 1 week it will occur in my analysis, but if it does not penetrate then it will be more then the sign will start and in my opinion also 7000 is still the lowest price at this time.
hero member
Activity: 1708
Merit: 541
December 17, 2019, 05:36:30 AM
#4
So Bitcoin dropped under 7040$ support and fall to the next one at 6800$. Are the support level at 6800$, 6400$ and 5800$ breakable? are we really going that low. Where would be the best entry point till the end of the year in your opinion?
Breaking the $5800 support would mean a bear trend for 2020, making new low than 2019 low. This is nightmare for bull lol. I really hope it does hold and bounce if it ever touches that level.

We already touch $6800 twice now. Third time's a charm, I think it will break the next time we touch it. See you at $6400!
sr. member
Activity: 1792
Merit: 268
Vave.com - Crypto Casino
December 17, 2019, 05:24:47 AM
#3
So Bitcoin dropped under 7040$ support and fall to the next one at 6800$. Are the support level at 6800$, 6400$ and 5800$ breakable? are we really going that low. Where would be the best entry point till the end of the year in your opinion?
calm down and don't need to panic, the current low price of bitcoin doesn't make a lot of people panic, because the price won't really touch $ 3000, so don't worry about buying it they will keep playing at that price of $ 6000 - $ 7000, so just enjoy buying when the price becomes cheap
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
December 17, 2019, 05:07:13 AM
#2
For long time,this is the best time to buy bitcoin.Bitcoin can fall to 6k$ but can reverse any time.If you want to buy then you can put in three steps 6500,6200,5900 will be good.if bitcoin dumped then it will be best for you.if bitcoin down to 6k& after that pump you can also make some profit. 
jr. member
Activity: 193
Merit: 7
December 17, 2019, 03:41:06 AM
#1
So Bitcoin dropped under 7040$ support and fall to the next one at 6800$. Are the support level at 6800$, 6400$ and 5800$ breakable? are we really going that low. Where would be the best entry point till the end of the year in your opinion?
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