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Topic: BTC at its previous resistant. What will happen ? (Read 352 times)

newbie
Activity: 166
Merit: 0
Not going down because it was an accident. Many investors and people who are willing to join the cryptocurrency madness will no longer earn interest if that happens. And that would make Bitcoin die which you would say is unlikely to happen because of the many supporters of the community and its popularity. But I hope this does not affect in any way in reducing the Bitcoin price. It really depends on the value of Bitcoin Market, and now days the size of traders is increasing every day. Hopefully there is a sign of Bitcoin price increase. Holding and selling at the right time is a key point in the trade.
hero member
Activity: 1148
Merit: 527
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.

If anyone knows the answer to question such as this, then such individual just need one opportunity to be rich, then exit the market afterwards as that is the key to every problem facing crypto trading but unfortunately, anybody who offer some answers is only guessing then hoping that he is either wrong or right. The fact is that the point at which price is currently is not enough to maintain huge resistance of not going lower with innate opportunity to rise as well.
We even all wish we could know the answer to that, but unfortunately, there is no one who can ascertain exactly what the future holds. We may always see a bounce, we can end up breaking back lower but only future can really tell how it is all going to be playing out. At this time, being positive is the only thing personally I'm doing because I have already invested enough so I'm just watching these dips.

There are rumors that mtgox guy again started selling of his big stash of bitcoins that is the reason we are facing big resistance around $10k levels. Bitcoin can switch to any point at any time, but the only thing applicable here in this market is following trends and if the OP cannot do that, I wonder what he is doing then ?
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
Surprisingly it has sank below $9,000 so it will take a while longer to get past that $10k milestone again. 2 fuds at the same time has cause a little panic i.e. south korean exchange getting raided, and mt gox moving thousands of bitcoin again. Fud price will go within a week i would say
hero member
Activity: 2170
Merit: 553
Vave.com - Crypto Casino
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.

This is the fluctuation of bitcoin in this week.This will occur every week,if you are the day trade. You may come to know this.Today the bitcoin price reduce and it's common in the crypto currency world.Since the price is low,you can use to buy some bitcoin .When the price is raise back ,you will get profit.
newbie
Activity: 252
Merit: 0
It might be or might not. Anything can happen now. But my opinion is in favor of bitcoin. If it goes down, no worry. Wait and see. It will rise again as before. And be healthy soon.
newbie
Activity: 308
Merit: 0
Tough question for answer but its true in recent times bitcoin face some problem because some countries are banned bitcoin but still now many people’s are also interested to invest on bitcoin because they knows bitcoin have a great future nearby.
sr. member
Activity: 774
Merit: 250
Quite possible. Bitcoin still remains a very volatile crypto currency. So do not be surprised at this price
Bitcoin is struggling as always we cannot stop it's volatility from the beginning. And so likely btc can be down again as we check the market price cannot sustain to go higher these past weeks. Expect that we will seeing again into down price.
full member
Activity: 406
Merit: 100
Quite possible. Bitcoin still remains a very volatile crypto currency. So do not be surprised at this price
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.
As you rightly predicted the price of BTC rejected at the weekly resistance has turn out absolutely the resistance at $10K is strong  based on technical analysis presently the price has temporarily pullback hopefully might be rejected again at $8500 support before rallying up again.
legendary
Activity: 1554
Merit: 1054
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.
Welcome to the complexity of the market as we have seen so many times that bitcoin never responded to any technical analysis of some sort, so the best chance you can ever have is to just move with the flow and nothing else and as long as you can do that, you will always get to see what happens eventually. If BTC will go down again, we will see in the next few hours or days.

I am expecting to break $10k levels within this week as per my technical analysis. But I need a real life support from government or from an institution to back my prediction because without new money flow we cannot expect prices to go beyond some strong physiological resistance levels.
full member
Activity: 308
Merit: 100
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.
You can see that in today's bitcoin price is not very variable but in the last few minutes bitcoin price has decreased slightly decreased $ 300 and has caused the market to simultaneously discount. According to my technical analysis, the current $ 9000 level is very strong and the bitcoin price after the break will be able to bounce up to $ 9800. But if the breakout is broken, the bitcoin price could fall to $ 8800 or $ 8600 in the worst case scenario.
sr. member
Activity: 951
Merit: 250
If the price resistance is damn too high it is an indicator that Bitcoin will go down again, most probably it will land on 3K one of these weeks. Compare the price of BTC now to the chart of Bitcoin bubble in 2014 you will know what I mean.


Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.
member
Activity: 518
Merit: 11
HODL
According to technical analysis, if the BTC below 8k7 $, the strong bearish trend will continue and that is a very bad signal of the market at this time. Keep track of the value of bitcoin to make timely and effective investment.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
I agree that the price of btc is falling nowasays. But I believe in Btc. They are working on it and soon they are going to rise with bigger successSmiley Smiley

Hopefully it will like what happened in the past years,but we also need to stop treating bitcoin only as the trading material which stops bitcoin from reaching its potential value.The people who want the bitcoin to recover from it fall the start to hold your coin.
member
Activity: 224
Merit: 10
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.
You can see that the price of bitcoin in the past few days is fluctuating and continuous adjustment at low amplitude. The $ 8,800 bitcoin hit the $ 9300 level and is now showing signs of sideways. According to my analysis, bitcoin prices are showing signs of convergence and there will be big fluctuations, so you should sell bitcoin at this point to be able to profit and preserve capital.
newbie
Activity: 294
Merit: 0
I agree that the price of btc is falling nowasays. But I believe in Btc. They are working on it and soon they are going to rise with bigger successSmiley Smiley
hero member
Activity: 2436
Merit: 516
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
The resistance had lasted 2 weeks or more and not improving. more had resulted into it, I believe some people are still acquiring more coin in a very tough market or troubled. Exploiting the low market price
sr. member
Activity: 1400
Merit: 283
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.
This is a question that seriously can't be answered, because no body can predict the future, i know it has been said a million times, but this is cryptocurrency market here it is unpredictable and could change at any moment, right the price has been fairly stable, so the best thing to do right now is just hold and see what will happen, and just act depending on the situation.
legendary
Activity: 3122
Merit: 1140
Currently if you take a look at the BTC weekly chart you will see that the price of BTC is at its one of previous resistant level. And we have 3 price rejection signs too. What will hapen next ?. Will BTC go down again ?.

If anyone knows the answer to question such as this, then such individual just need one opportunity to be rich, then exit the market afterwards as that is the key to every problem facing crypto trading but unfortunately, anybody who offer some answers is only guessing then hoping that he is either wrong or right. The fact is that the point at which price is currently is not enough to maintain huge resistance of not going lower with innate opportunity to rise as well.
This is definitely true which this kind of question cant really be answered by anyone since nothing on this world could able to predict on what would happen next. Rejecting 3 times on resistance level wont always having the precise possible movement would be downward just like on what we saw on traditional trading forex and stocks. When it comes to crypto we do know price might breakout or would dip anytime on least expected.The thing here is that we should be keen or wise on when to enter and when to exit as long we are on profits.
newbie
Activity: 252
Merit: 0
Up and down of the prices is the natural rule of a market. Btc has the same too. I definetly not think that btc at its previous resistant and somehow in the future if it is so then it will surely overcome it.
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