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Topic: BTC analysis for this month! - page 2. (Read 2338 times)

legendary
Activity: 2618
Merit: 1105
October 12, 2017, 07:46:05 AM
#56
UPDATE: Congratulations guys, we have successfully achieved the first halt that was above 5000 and as I told earlier, the price needed to break 4500 and then a rally will be injected which we can already see. 5k is currently the strongest resistance level and looks like it will remain here for 2-3 days and according to my thinking, BTC won't be under 6k in the next 2 weeks. Always remember one thing here, never go for alts during BTC's spike period because alts will always go down and you will only see max 10 coins out of 100 which may show some good moves (not considerable though). We will be over 10k very soon, hodl tight guys.

It's a good achievement but it's much more better if it was achieved by just a normal and usual way of investor's demand.

Since another fork is coming, we can't erase the fact that the reason of this price increase is also associated with those who want to have some shares of BCG after the fork. The action will now started after correction if ever there will be a dump after the fork.

Anyways this is just a speculation so let's see what will happen at the end of the month.

For your statement, I would like to say that it's in no doubt a buyers' market ATM because they are buying hard to get BCG but I think that even if the price dumps during October's end, we won't be seeing it below 5k because till then, it will (possibly) have its target achieved of 6k-7.5k range which will give it too much strength to absorb the blow that is incoming. Not worried though because we will probably see 10k before 2017's end and I am having a strong gut feeling about that. These values will become historic once fork scenario is settled, either way up or down. Grin
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
October 12, 2017, 04:28:34 AM
#55
UPDATE: Congratulations guys, we have successfully achieved the first halt that was above 5000 and as I told earlier, the price needed to break 4500 and then a rally will be injected which we can already see. 5k is currently the strongest resistance level and looks like it will remain here for 2-3 days and according to my thinking, BTC won't be under 6k in the next 2 weeks. Always remember one thing here, never go for alts during BTC's spike period because alts will always go down and you will only see max 10 coins out of 100 which may show some good moves (not considerable though). We will be over 10k very soon, hodl tight guys.

It's a good achievement but it's much more better if it was achieved by just a normal and usual way of investor's demand.

Since another fork is coming, we can't erase the fact that the reason of this price increase is also associated with those who want to have some shares of BCG after the fork. The action will now started after correction if ever there will be a dump after the fork.

Anyways this is just a speculation so let's see what will happen at the end of the month.
hero member
Activity: 2646
Merit: 686
October 12, 2017, 04:24:15 AM
#54
After touching a low of, 2900$ to again going to all time high I am very much sure that it shall have support resistance at 4500$, if due to the fork it can only fall upto 3500$, anything below that one would have to be careful and start buying in slow dips. If the fork doesn't effect Bitcoin much, then 5500$ is a realistic figure and with segwit2x 6000$ could be hitting us soon, as both the forks are coming within half a month, it's interesting to see what will happen, I feel one should keep a track on the fork news and buy at every dip as the long term is very good.
legendary
Activity: 2618
Merit: 1105
October 12, 2017, 04:10:30 AM
#53
UPDATE: Congratulations guys, we have successfully achieved the first halt that was above 5000 and as I told earlier, the price needed to break 4500 and then a rally will be injected which we can already see. 5k is currently the strongest resistance level and looks like it will remain here for 2-3 days and according to my thinking, BTC won't be under 6k in the next 2 weeks. Always remember one thing here, never go for alts during BTC's spike period because alts will always go down and you will only see max 10 coins out of 100 which may show some good moves (not considerable though). We will be over 10k very soon, hodl tight guys.
hero member
Activity: 3080
Merit: 603
October 10, 2017, 08:05:17 PM
#52
Possible that before the fork we may experience $5,000 or higher.

At the current speed, it is quite sure ! only 200$ dollars from this 5K target, it's a matter of days (maybe hours...)

Yes it's possible, the price went down quite lower at $4,751 but yet it is still a big price. Hours or not but I have this guess that before the hard fork we will be able to see it hitting the $5,000 target range. Two things are about to come just like the good old days. Bitcoin on discount/sale or bitcoin at a expensive rate on an auction but mostly after the hard fork the price is pumping quickly and this will be a good time to hold.

It's a huge price, it can revived its price by $4900 that dips when the China bans happen, before hard fork it will really increase since last fork were successful on making bch and everyone wants to have some free again.

It's a huge price and it's possible to happen for this month since we are heading on the upcoming fork and that really made bitcoin to reach at that price. And I guess the fork's success doesn't matter at all, as everyone is expecting a 2-in-1 coin upon buying bitcoin. They've got the most valuable coin while happening the fork they'll be exporting their very own bitcoin gold and it doesn't matter the price of it because it's a free money.
sr. member
Activity: 520
Merit: 250
October 10, 2017, 07:26:30 PM
#51
Possible that before the fork we may experience $5,000 or higher.

At the current speed, it is quite sure ! only 200$ dollars from this 5K target, it's a matter of days (maybe hours...)

Yes it's possible, the price went down quite lower at $4,751 but yet it is still a big price. Hours or not but I have this guess that before the hard fork we will be able to see it hitting the $5,000 target range. Two things are about to come just like the good old days. Bitcoin on discount/sale or bitcoin at a expensive rate on an auction but mostly after the hard fork the price is pumping quickly and this will be a good time to hold.

It's a huge price, it can revived its price by $4900 that dips when the China bans happen, before hard fork it will really increase since last fork were successful on making bch and everyone wants to have some free again.
hero member
Activity: 3080
Merit: 603
October 10, 2017, 06:49:11 PM
#50
Possible that before the fork we may experience $5,000 or higher.

At the current speed, it is quite sure ! only 200$ dollars from this 5K target, it's a matter of days (maybe hours...)

Yes it's possible, the price went down quite lower at $4,751 but yet it is still a big price. Hours or not but I have this guess that before the hard fork we will be able to see it hitting the $5,000 target range. Two things are about to come just like the good old days. Bitcoin on discount/sale or bitcoin at a expensive rate on an auction but mostly after the hard fork the price is pumping quickly and this will be a good time to hold.
sr. member
Activity: 434
Merit: 255
Live cams shows pimped with cryptocurrency
October 10, 2017, 05:24:06 AM
#49
It seems to me that $ 5,000 is a psychological barrier. We reached it already for a few hours but I think it was due to speculation of whales in the market. Now after a long period of falling prices has created a vacuum and once you overcome the barrier of $ 5,000, the price may shoot for the moon. Whales don't miss the opportunity to fan the hype and pump up the price to the maximum. Then it will again decline but below $ 4800 dollars we will not see.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
October 10, 2017, 05:11:39 AM
#48
Possible that before the fork we may experience $5,000 or higher.

At the current speed, it is quite sure ! only 200$ dollars from this 5K target, it's a matter of days (maybe hours...)

things never work that way.
there are resistances to be broken, and there needs to be some force deriving the market so that price can go up!

the $5000 is a big resistance, mostly because it was the previous ATH but also because it is kind of a round number and a big target for many. which is why it may take a little longer than you may like for it to get here.
newbie
Activity: 22
Merit: 0
October 10, 2017, 04:52:52 AM
#47
Possible that before the fork we may experience $5,000 or higher.

At the current speed, it is quite sure ! only 200$ dollars from this 5K target, it's a matter of days (maybe hours...)
hero member
Activity: 3080
Merit: 603
October 10, 2017, 04:50:02 AM
#46
Hey double, your chart seems to be accurate and positive. And it's very good to see that the price is increasing now as this hype is because of the bitcoin gold but it's just made to pump. I like on how many big new comers are starting to make some noise about bitcoin and they just love it. This month is really a rally for bitcoin but I'm curious about the real test of bitcoin next month.
yes this month bitcoin prices tend to keep increasing. maybe some news like bitcoin gold has made the bitcoin price increase. but I am sure that in the coming months bitcoin prices will increase again, so it is likely that bitcoin prices could exceed $ 5000 by the end of this month.  some analysts say there will be a spike in prices on 25 October 2017. we all have to wait until all this becomes real.

Possible that before the fork we may experience $5,000 or higher. And the increase of bitcoin pattern is real, the market will tell us that everything will happen base on the situation and events for this month. Just like this month because of the fork the price increased and I have a guess that maybe the real test next month will lead bitcoin for another ATH.
legendary
Activity: 1162
Merit: 1000
October 10, 2017, 03:25:54 AM
#45
Hey double, your chart seems to be accurate and positive. And it's very good to see that the price is increasing now as this hype is because of the bitcoin gold but it's just made to pump. I like on how many big new comers are starting to make some noise about bitcoin and they just love it. This month is really a rally for bitcoin but I'm curious about the real test of bitcoin next month.
yes this month bitcoin prices tend to keep increasing. maybe some news like bitcoin gold has made the bitcoin price increase. but I am sure that in the coming months bitcoin prices will increase again, so it is likely that bitcoin prices could exceed $ 5000 by the end of this month.  some analysts say there will be a spike in prices on 25 October 2017. we all have to wait until all this becomes real.
hero member
Activity: 3080
Merit: 603
October 10, 2017, 03:13:41 AM
#44
Hey double, your chart seems to be accurate and positive. And it's very good to see that the price is increasing now as this hype is because of the bitcoin gold but it's just made to pump. I like on how many big new comers are starting to make some noise about bitcoin and they just love it. This month is really a rally for bitcoin but I'm curious about the real test of bitcoin next month.
legendary
Activity: 2383
Merit: 1551
dogs are cute.
October 10, 2017, 03:03:24 AM
#43



Hey Speculators,
I am starting up with a tentative analysis over Bitcoins and help you understand about the basic levels if you are not that Pro in all this.
I am a steady Price Action trader who loves to derive levels on his own by watching naked charts only because I never use any indicators to draw where the price will tend to move.
In the image above, we can clearly see that Bitcoin is currently at level which should be determined as the Pivot point as the coin is currently moving with good stability currently with no such harsh moves.
It is currently in a triangle and could break up any time towards high because the momentum towards upside is looking much better against a drop.
It is currently holding hard at its Pivot level and Support 1 (3500) seems unlikely atm seeing the gains it has made so far.
However, it needs to break the triangle with some great force and cross Resistance 1 (4000) in order to confirm an uptrend where achieving Resistance 2 (4500) won't be that hard. After that, I see a rally incoming.
The price of bitcoin is going to be on a rise this month because of increased demand of bitcoin will benefit people with free bitcoin gold which they are so eager ro dump it the moment they get their hands on it and get a few dollars, how cheap people are! Sad that part time traders who are looking forward for altcoins price to increase and they get some amount as a return on investment but sadly the price of alt coins ain't gonna increase.
hero member
Activity: 1484
Merit: 516
October 07, 2017, 11:59:38 PM
#42



Hey Speculators,
I am starting up with a tentative analysis over Bitcoins and help you understand about the basic levels if you are not that Pro in all this.
I am a steady Price Action trader who loves to derive levels on his own by watching naked charts only because I never use any indicators to draw where the price will tend to move.
In the image above, we can clearly see that Bitcoin is currently at level which should be determined as the Pivot point as the coin is currently moving with good stability currently with no such harsh moves.
It is currently in a triangle and could break up any time towards high because the momentum towards upside is looking much better against a drop.
It is currently holding hard at its Pivot level and Support 1 (3500) seems unlikely atm seeing the gains it has made so far.
However, it needs to break the triangle with some great force and cross Resistance 1 (4000) in order to confirm an uptrend where achieving Resistance 2 (4500) won't be that hard. After that, I see a rally incoming.
Hi.I'm happy to see your charts like this,I always see this in blockchain.info if I want to predict an indication where to the next move.I think of this thousands of times where next but hard to predict,the price is now upward go I see this far will continue to rise. Smiley
full member
Activity: 182
Merit: 100
October 07, 2017, 11:49:17 PM
#41
from my own observations bitcoin prices will rise again even though the increase
is not too significant with today's bitcoin exchange rate rises to Rp59 million and
will still rise again, which is the bitcoin price charts in 2017 experienced a very high
spike, in for days this bitcoin exchange rate in Indonesia is upgraded pretty recently,
 and the latest bitcoin news according to the world market is running up pretty good
gains this week and in the first 10 days of the month, and is the predicted bitcoin increase
 that almost in 2017 is experiencing a lot dominant in spectacular spikes, and has become
the history of the world's currency about bitcoin whose price is so tempting
sr. member
Activity: 546
Merit: 250
October 07, 2017, 11:46:01 PM
#40
UPDATE 2: Guys, we were lucky to have reached 4450 price level before the end of October and I guess there are some more surprises waiting ahead in the near future, some exciting events happening:
- Decision of miners over SegWit2x
- A new hard fork possibly named "Bitcoin Gold".
- May define a new era of Bitcoins or Bitcoin will still get the victory.

Don't know what will happen, but whatever does it will be extremely exciting. Stay tuned for the real story that's yet to happen during this whole month.
We are now heading towards a big bubble and I can assure you that this time, it's not small.

Agreed. I think that the pump will take us to $7k+ if the news with Segwit2x will be positive instead of negative, and we see quite a big bubble developing in the bitcoin price that will not pop for a few months.

However, the price forecast will depend a lot of bitcoin gold and Segwit2x, what turns out and how the markets react to the news.

If the news is negative then we could see bitcoin head down to sub $4000 once again.

Some factors also that could add the price increase if with the coming of more and more investors either from rich guys or some local traders. Because even if those work out but if another big company or state like China would change their mind then the success from those activation would take only a short time. So for me, i still hope their are more investors in bitcoin so it could help surge bitcoin.
hero member
Activity: 672
Merit: 500
October 07, 2017, 11:26:00 PM
#39
UPDATE 2: Guys, we were lucky to have reached 4450 price level before the end of October and I guess there are some more surprises waiting ahead in the near future, some exciting events happening:
- Decision of miners over SegWit2x
- A new hard fork possibly named "Bitcoin Gold".
- May define a new era of Bitcoins or Bitcoin will still get the victory.

Don't know what will happen, but whatever does it will be extremely exciting. Stay tuned for the real story that's yet to happen during this whole month.
We are now heading towards a big bubble and I can assure you that this time, it's not small.

Agreed. I think that the pump will take us to $7k+ if the news with Segwit2x will be positive instead of negative, and we see quite a big bubble developing in the bitcoin price that will not pop for a few months.

However, the price forecast will depend a lot of bitcoin gold and Segwit2x, what turns out and how the markets react to the news.

If the news is negative then we could see bitcoin head down to sub $4000 once again.
full member
Activity: 518
Merit: 103
October 07, 2017, 11:16:36 PM
#38
i think for this month, the value will keep on increasing, considering the news we are receiving, all seems to be positive, we should also keep in mind that as this month there will also be another fork and it is for bitcoin gold, all the graphs are also showing positive outcomes, there are also reversal of the chinese decision when it comes to their exchanges, as long as they are licenses, it means that they can operate, japan as well had endorsed 11 exchanges and then there is goldman sachs, they also wanted to have their own exchanges, i think an increase in exchanges could also mean an increase in interest with bitcoins and a lot of work for miners. i think it is safe to say that this month, we could see bitcoin again having a value of 5000 usd or even more and by the end of the month, it might be reaching a new record and also by november, next month, we could see that bitcoin might go over to 6000 usd or even 7000 usd, if all runs smoothly with the forks and probably we might not a hear another word from jpmorhgan's jamie dimon, bad mouthing bitcoin, since a lot of support is coming for bitcoin.
sr. member
Activity: 1162
Merit: 260
October 05, 2017, 05:35:39 AM
#37
It is hard to speculate the price right now, nobody can predict how much money will be worth tomorrow, but it needs to touch $4500 asap, because that would mean that the bullish trend will remain, if not, then probably we are going to go bearish again and maybe we would see the price below $4000, i really hope that this is not going to happen, because it would be bad for all of us.


Not only this time bitcoin is volatile ever. No one can predict what going to happen tomorrow. We can only try to predict its value.




Hey Speculators,
I am starting up with a tentative analysis over Bitcoins and help you understand about the basic levels if you are not that Pro in all this.
I am a steady Price Action trader who loves to derive levels on his own by watching naked charts only because I never use any indicators to draw where the price will tend to move.
In the image above, we can clearly see that Bitcoin is currently at level which should be determined as the Pivot point as the coin is currently moving with good stability currently with no such harsh moves.
It is currently in a triangle and could break up any time towards high because the momentum towards upside is looking much better against a drop.
It is currently holding hard at its Pivot level and Support 1 (3500) seems unlikely atm seeing the gains it has made so far.
However, it needs to break the triangle with some great force and cross Resistance 1 (4000) in order to confirm an uptrend where achieving Resistance 2 (4500) won't be that hard. After that, I see a rally incoming.

On this oct the graph is almost the mirror image of the image you have posted. the value started increasing . And we can hope that it will reach around 5000 $ at the end of the month.
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