Topic: BTC big Movement.... &.....ALT.......... (Read 623 times)
Now I am more inclined to decrease rather than increase. because the economy is really not very good and Beijing seems to be preparing a second outbreak and other countries are starting to have an increase in infections again. This will once again have a strong impact on the economy and it is preparing for the next strong dump.
The week started very well and I would say the $9.5k price point is actually quite entertaining for us on the bull side. We know that bitcoin would go above $10k for sure, that is the number that we do not have any sort of doubt at all, even if it drops to under $8k one day soon, it will still go above $10k eventually in 2020, and all of that in mind we are still happy whenever it goes up.
However one thing is confusing when it comes to price right now, if we go above $10k, whats next? Well that is where people part ways, even bull ones. One side says that it will continue to go up and up and up, the other side says the psychological barrier in $10k is too strong to break above too much, sure maybe we can be 11 or 12 but that's about it, we will probably drop back down.
However one thing is confusing when it comes to price right now, if we go above $10k, whats next? Well that is where people part ways, even bull ones. One side says that it will continue to go up and up and up, the other side says the psychological barrier in $10k is too strong to break above too much, sure maybe we can be 11 or 12 but that's about it, we will probably drop back down.
Bitcoin's pricr has been consolidating in a few days and I hate it. Its price just traded at the range of $9000 and $9600 not gonna move. Yeah, $10.500 is the strong resistance so far, every time the price touch that area then we will see the price bounced back. So, it will be reasonable if the strong resistance has been broken then we will see the price of bitcoin will touch $12.000 and more than that. And it is otherwise if the bearish scenario come the price will down to $8200 and seems it is price is the strong support.
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Well, you can feel sure about that, but we know that bitcoin can go to any price, even to the lower price. We still see a low price for bitcoin, but now, bitcoin price try to increase the price, and it still going up for more than $9,500, and the red candle has changed to the green candle so that we might see another bullish trend this week. Meanwhile, the altcoin follows bitcoin so far, and some of the altcoins can try to increase too. Yes, the altcoin season will come soon.
Chances of bitcoin going up are less, I personally am betting on the price of bitcoin to fall which seems more accurate currently as bitcoin was loosing its grip from $10.2k and is also falling from $9500, so the next target is $8700 and if we touch it then the chances of a bull run will also be pretty less.Altcoins always rise in value in terms of USDT and also in relative terms with bitcoin as well when a bull cycle is completed in bitcoin, but we won't be able to see the altcoin pumping cycle if the price of bitcoin won't go up.
There might be another correction for bitcoin because the price is not increasing too much, but I won't expect to see the price will drop again in the next correction. But I hope that in this green candle, we will see another rise moment from bitcoin price, so that can lift the price to break the higher price again.
While some altcoin follows to increase when bitcoin price back to the high price, but if the increase is not too high, the altcoin will not have a chance to surge to the highest price. If the altcoin can increase so high, then that means, some pump groups have their time to lift the price and take the profit. But the price will be down again.
If we do a comprehensive study of the Bitcoin currency path we will find that he knew many fluctuations during the past times to this day, so we will continue to watch the same events in the future, so let us focus more on the appropriate times to buy when the currency price collapse occurs we must buy and wait for the appropriate time to sell thus we can take a net profit.
Nha, we can't expect the market it behaves the same as it takes in the past. It is simply because of many factors that could certainly affect it. That it also makes us not think a bullish all the time but rather to think bearish sometimes also. The vulnerability of the market to plunge or either to rise will seemingly to see all the time. Thus, if we saw Bitcoin reach $10k last week we can't either say also that it turns back again this week. The same thing that will happen to altcoins. 
If we do a comprehensive study of the Bitcoin currency path we will find that he knew many fluctuations during the past times to this day, so we will continue to watch the same events in the future, so let us focus more on the appropriate times to buy when the currency price collapse occurs we must buy and wait for the appropriate time to sell thus we can take a net profit.
Altcoins always rise in value in terms of USDT and also in relative terms with bitcoin as well when a bull cycle is completed in bitcoin, but we won't be able to see the altcoin pumping cycle if the price of bitcoin won't go up.
what you refer to is only the big every-shitcoin-gets-pumped event that happens during bitcoin bubbles not with every bitcoin bull run. in those events we see literary any shitcoin that is in existence from number 2 on coinmarketcap.com down to number 2000+ get pumped.
but any other time, which is the majority of times, we continue seeing shitcoin pumps all around the altcoin market because otherwise the market closes down due to being useless.
What also I am looking forward for that $10,000 is being a bull trap for Bitcoin now.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Bitcoin can go to any lower price than now. The market is bleeding once again. There is hope for us to buy the coin at a low price, so use your time to buy. But wait, I hope that the price will not down to $7k because that will be too deep to go down, and we will pass every lower price later. Besides that, I hope people can stay calm to see the price falling so they can analyze to have a good time to buy more bitcoin.
because we in the range Bullish! so hold your Bitcoin and buy Altcoin, I'm sure altcoin season is also getting closer
Well, you can feel sure about that, but we know that bitcoin can go to any price, even to the lower price. We still see a low price for bitcoin, but now, bitcoin price try to increase the price, and it still going up for more than $9,500, and the red candle has changed to the green candle so that we might see another bullish trend this week. Meanwhile, the altcoin follows bitcoin so far, and some of the altcoins can try to increase too. Yes, the altcoin season will come soon.
Altcoins always rise in value in terms of USDT and also in relative terms with bitcoin as well when a bull cycle is completed in bitcoin, but we won't be able to see the altcoin pumping cycle if the price of bitcoin won't go up.
Seeing 7k wouldn't really matter too much since we have done that multiple times already.
At least we did not come falling that range and the price now is closing to 10k$ again.This is the problem if the FUD is continues to spread in market and the panicking people are still losing chances of gaining because all they want is to sell and leave for a while.
At the end of the day bitcoin has been around 7k-10k mostly on the past 1.5 years
if you missed the market price mate,last March we have fall below $5k again,meaning we did not maintain that 7-10k$ value.
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What also I am looking forward for that $10,000 is being a bull trap for Bitcoin now.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Bitcoin can go to any lower price than now. The market is bleeding once again. There is hope for us to buy the coin at a low price, so use your time to buy. But wait, I hope that the price will not down to $7k because that will be too deep to go down, and we will pass every lower price later. Besides that, I hope people can stay calm to see the price falling so they can analyze to have a good time to buy more bitcoin.
because we in the range Bullish! so hold your Bitcoin and buy Altcoin, I'm sure altcoin season is also getting closer
Well, you can feel sure about that, but we know that bitcoin can go to any price, even to the lower price. We still see a low price for bitcoin, but now, bitcoin price try to increase the price, and it still going up for more than $9,500, and the red candle has changed to the green candle so that we might see another bullish trend this week. Meanwhile, the altcoin follows bitcoin so far, and some of the altcoins can try to increase too. Yes, the altcoin season will come soon.
Seeing 7k wouldn't really matter too much since we have done that multiple times already. We have reached to a level where bitcoin peaked over 10k, went back to 7k, peaked over 10k, went back to 7k and did this around 5 times now if I didn't count wrong. It was first last year, then it happened on summer/early September, then it happened at the start of the year and now it happened again, so maybe it was 4 times but the November/December period could be fifth or not since it went up but not that much.
At the end of the day bitcoin has been around 7k-10k mostly on the past 1.5 years and it did moved higher or lower time to time but very rarely, all the other days were all 7k-10k. If we go down to 7k again which is totally possible, I would say buy as much as you can, because even if it goes to 3k after that, it will recover to 10k eventually.
At the end of the day bitcoin has been around 7k-10k mostly on the past 1.5 years and it did moved higher or lower time to time but very rarely, all the other days were all 7k-10k. If we go down to 7k again which is totally possible, I would say buy as much as you can, because even if it goes to 3k after that, it will recover to 10k eventually.
What also I am looking forward for that $10,000 is being a bull trap for Bitcoin now.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Bitcoin can go to any lower price than now. The market is bleeding once again. There is hope for us to buy the coin at a low price, so use your time to buy. But wait, I hope that the price will not down to $7k because that will be too deep to go down, and we will pass every lower price later. Besides that, I hope people can stay calm to see the price falling so they can analyze to have a good time to buy more bitcoin.
because we in the range Bullish! so hold your Bitcoin and buy Altcoin, I'm sure altcoin season is also getting closer
hero member
Activity: 2912
Merit: 541
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What also I am looking forward for that $10,000 is being a bull trap for Bitcoin now.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Bitcoin can go to any lower price than now. The market is bleeding once again. There is hope for us to buy the coin at a low price, so use your time to buy. But wait, I hope that the price will not down to $7k because that will be too deep to go down, and we will pass every lower price later. Besides that, I hope people can stay calm to see the price falling so they can analyze to have a good time to buy more bitcoin.
What also I am looking forward for that $10,000 is being a bull trap for Bitcoin now.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I am started to think that we will see $7,000 first before $10,000 again.
BTC will take a big movement at any time Pump or Dump whatever. Now it's trading in Triangle. Last Time Was a Fake breakout and started walking on the sideway. But this time there will be Some good Volume plus Breakoout So the chances of getting a big move are high. As we all know that ALT Coin Always is dumped in BTC Movement. So it is better to exit from ALT Coin now. And in my opinion, you should stay away from ALT Coin until Dominance Trend Breakdown and Dump.
10K is now a huge demand zone. Level Breakout with good volume will be BTC Pump. & Another Strong level at 10.5K. If this break, BTC can touch up to 11500-12000.
If Triangle Breakdown, there will be more chance of BTC Price Dump.Then 8900-8600 Support zone can test.
Next Support zone at 7960-7600!
$512 dump⚠️ 9400 to 8888! Actually I was updated previously! ALT market completely red in blood! Well, wait until btc get stable then ALT will bounce back again✅
you are calling it "fake breakout" and "pump and dump" NOW because you can see the price didn't go up. otherwise despite your follow up says, the volume is just as good as previous time and the demand is also waiting there to jump in, again just like last time. it doesn't take that much to see $11k either but it will take a lot to see $8.6 let alone anything in $7k range!
as for alts, they always move when bitcoin is stable meaning nowadays. if bitcoin has a breakout or even a drop then it will be nightmarish for altcoins as they get dumped while money migrates back to bitcoin market.
as for alts, they always move when bitcoin is stable meaning nowadays. if bitcoin has a breakout or even a drop then it will be nightmarish for altcoins as they get dumped while money migrates back to bitcoin market.
These charts at the moment don't really mean much when BTC is highly correlated with stocks, especially in a bear trend. You can plot a M5 chart of the SP500 with bitcoin and you can see they follow each other very closely.
Right now it depends what happens with the stock market which will determine the short term trend for Bitcoin. If the stock market crashes again to a new yearly low then BTC won't be breaking $10K anytime soon.
However the recovery should be pretty quick like last time.
Right now it depends what happens with the stock market which will determine the short term trend for Bitcoin. If the stock market crashes again to a new yearly low then BTC won't be breaking $10K anytime soon.
However the recovery should be pretty quick like last time.
The daily and weekly charts clearly show a very strong resistance zone as well as a decrease in trading volume. This area breakout does not seem possible until the volume is reached. We hope to see a much bigger bull run if we can break the resistance area.
BTC will take a big movement at any time Pump or Dump whatever. Now it's trading in Triangle. Last Time Was a Fake breakout and started walking on the sideway. But this time there will be Some good Volume plus Breakoout So the chances of getting a big move are high. As we all know that ALT Coin Always is dumped in BTC Movement. So it is better to exit from ALT Coin now. And in my opinion, you should stay away from ALT Coin until Dominance Trend Breakdown and Dump.
10K is now a huge demand zone. Level Breakout with good volume will be BTC Pump. & Another Strong level at 10.5K. If this break, BTC can touch up to 11500-12000.
If Triangle Breakdown, there will be more chance of BTC Price Dump.Then 8900-8600 Support zone can test.
Next Support zone at 7960-7600!
You seems to be prediction maker huh?After creating this thread about bitcoin movement itself
https://bitcointalksearch.org/topic/btc-next-movement-5254022
Another one comes about the bitcoin and alts this time?Well i am just hoping that while you are establishing your credibility here some of your prediction may come true.
Support lines are way too strong compared to the resistance points. If we can break the resistance that is obvious that we will reach to above $11k levels, I am not entirely sure about over $12k but that is of course possible, this is bitcoin after all, there is nothing stopping some whale to buy thousands of bitcoin all at once and making it $12k+ right now, but I see $11-$11.5k levels as most likely.
Could support be broken and go down? Of course it can be, we just had a $9k to under $4k break down few months ago (mainly due to pandemic) and normally that should have been very very hard to achieve with all the money that was required to do it but it happened overnight. So, all the calculations of what could happen could become worthless sometimes, you just have some whales doing whatever they want.
I don’t think it is necessary to look for much higher like 12k and 13k when we cannot even stay a week in 10k level,this sounds over expectation for us and the market as well. Could support be broken and go down? Of course it can be, we just had a $9k to under $4k break down few months ago (mainly due to pandemic) and normally that should have been very very hard to achieve with all the money that was required to do it but it happened overnight. So, all the calculations of what could happen could become worthless sometimes, you just have some whales doing whatever they want.
2016 is why Im neutral on this whole year really, it did even out and accumulate at that time which is something we need to watch for. First objective here is to go past the year average to meet the 200 day, whatever is the largest volume in those areas could prove to be a turning point or a place for shorts to take profits hence we rise from there.
Near term its turned at 9200 lots of times and we have not even passed that, its the 50 day average now so might add up to something significant is passed below.
Near term its turned at 9200 lots of times and we have not even passed that, its the 50 day average now so might add up to something significant is passed below.
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