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Topic: BTC broke the triangle - page 2. (Read 449 times)

full member
Activity: 518
Merit: 145
January 29, 2018, 03:16:28 AM
#6
It has a possibility that we don't need this triangle prediction anymore I really think that bitcoin has surpasses a certain restrain in going up, And in the past we had seen a tremendous leap over the price that is why we had seen how the price dip down and have return to almost $9000 value because of correction certain negative news, FUD that are circulating in the forum and the internet, certain scam that involve the use of bitcoin or other currencies that other think that Cryptocurrency is not safe well there are many things that we can think about why did the price have dip so much, and right now we are engaging in the boundaries that the resistance had provided and we may see a certain bullish run when the month of February start.
The crazy FUD we have had since bitcoin started correcting would have been enough to drag it down lower than even $8000. So far, we seem to be enjoying the $10k spot a lot after the series of bounce back,  so we may have some optimism on that level for now. However, February is really going to be looking good as it seems the buying momentum is gradually increasing. I believe we will get to know from the volume before this week ends. I have a feelings though that the bear days are over at least for now.
hero member
Activity: 980
Merit: 500
January 29, 2018, 02:40:33 AM
#5
It has a possibility that we don't need this triangle prediction anymore I really think that bitcoin has surpasses a certain restrain in going up, And in the past we had seen a tremendous leap over the price that is why we had seen how the price dip down and have return to almost $9000 value because of correction certain negative news, FUD that are circulating in the forum and the internet, certain scam that involve the use of bitcoin or other currencies that other think that Cryptocurrency is not safe well there are many things that we can think about why did the price have dip so much, and right now we are engaging in the boundaries that the resistance had provided and we may see a certain bullish run when the month of February start.
sr. member
Activity: 742
Merit: 253
January 29, 2018, 02:30:18 AM
#4
is it possible that the market will break at the end of this month? like sleeping winter btc very slow move in january month. I hope the price movement will happen at the end of January. because this is very risky. I have a pretty big fund stuck in btc. if this goes on it seems like I will do a cutloss in the end of january. expect in the next two days btc price will rise up
full member
Activity: 638
Merit: 118
January 29, 2018, 01:54:56 AM
#3
Chinese new year is a factor. Starts in 2 weeks. Will go up after.

https://cointelegraph.com/news/bitcoins-early-2018-woes-written-in-the-stars-and-moon

Doesn’t mean it can’t break bear market ealy though....
hero member
Activity: 3150
Merit: 937
January 29, 2018, 01:51:30 AM
#2
All i can see in this chart is that the bitcoin price volatility is reduced and this is something good.
I was tired of all the price movements from 13K to 15K USD every 9-10 hours at the begininng of January.
I`m not familiar with Fibonacci levels,but i`m not sure that your prediction will happen.The bearish trend will continue during the spring and i`m expecting the price to go under 9K USD.Off course,btc will recover and it will reach 20K USD somewhere around November 2018.
member
Activity: 168
Merit: 12
January 28, 2018, 12:02:40 PM
#1
As we can see, it broken resistance finally and now it is facing with resistance at 0.500 fibonacci level. Important thing is that BTC broke the triangle and now it has huge chances to go up. It can go back to 11.1-11.2k to test resistance and then strong uptrend. I hope ALTs will follow BTC and I think we are going to see greed days very, very soon
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