Topic: BTC rally has paused - page 3. (Read 709 times)
I actually thought it would end yesterday, for the short term, but this now ensures the winning-day streak goes on (already the longest streak in 8 weeks). Quite ripe at 8.1k right now and I won't be surprised if we touch 9k today going at this intensity with US markets yet to wake up. Of course, they could just as easily wake up and decide to chomp down on quick profits, relying on China/Japan to pull the socks back up again tomorrow.
After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.
The rally seem to be on as the price have jumped over $7800 to close to $8,000. I see more highs in price before halving hitting the market. Price is likely to keep going high at the moment till the end of this year. Therefore, it is a time for buying more btc .
After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
But things are looking different very right now. Markets looks very positive now as it seems rally continues still he big physiological resistance around $8k levels is needed to be broken for ensuring the rally toward $10k levels. In my opinion $8k will work more stronger resistance level than $9k because when bitcoin trades around $9k, traders are assuming bullish in full action whereas bitcoin trades around $8k or $7k, they may not assume which (bull or bear) is more stronger; This is how physiological resistance/support levels are working.The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
Once bitcoin will be able to break $8k levels and sustaining above $8100 levels then we can see quicker jump toward $10k levels as traders and investors will get ready for full swing bullish mood. I guess it is right to assume the current market situation is too critical for restoring the continuation of rally rather than it is being paused.
These technical analyses are repetitive. When bitcoin will cross $8,000 then they have to tell that it should cross $9,000 or else it will drop to $7,000 - $6,000, etc. and so on. That's how they look and analyze bitcoin these days.
Just a cycle and they effectively affecting us.
Just a cycle and they effectively affecting us.
Basically its rising on low volume as you can see by the charts and this is pretty bearish. Its also in a huge bear flag. And to add to that its close to the $8000 supply level which took us to almost $3K. So it seems like a textbook short.
However this is bitcoin so it obviously won't be that easy. We might come to like $7950 and drop, or go to $8000, trap a few shorts and then spike to $8100+ and drop or simply go straight to a new all time high of $20K due to the halving.
Nobody knows what will happen. Just wait for $8K rejection and trade it off that, don't blindly enter the short there like people did in early 2019 shorting the $6000 area.
However this is bitcoin so it obviously won't be that easy. We might come to like $7950 and drop, or go to $8000, trap a few shorts and then spike to $8100+ and drop or simply go straight to a new all time high of $20K due to the halving.
Nobody knows what will happen. Just wait for $8K rejection and trade it off that, don't blindly enter the short there like people did in early 2019 shorting the $6000 area.
Not necessarily, but rather the end of the resistance level, and therefore it is difficult to rise more than that, in fact exceeding 7800 barrier means easy access to the next levels, which means an increase from 6000 to 10000 which is more than expected under the current circumstances.
Don't forget the recovery period from levels below $ 5,000, so BTC rally has happened
.
Don't forget the recovery period from levels below $ 5,000, so BTC rally has happened
. 
After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.
Who says so? Low volume? and why $10,000? Why not set the next target of $8000 and see how it goes?
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
Well that resistance might be the support for all we know and push the price to the next levels. We have seen green candles for the last 6 weeks or more already, and not just because of predictions of some so called experts, we can say that it is slowing down. Bitcoin market has so many surprises.
You know that the BTC’s currency price path has fluctuated for a decade!!OP It will definitely continue this way, so we will see more volatility in the near and far future. I think after halving the market growth will improve for the better so don't worry 
Always focus on the desire of the international community to obtain assets
Always focus on the desire of the international community to obtain assets 
After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
BTC has increased and decreased in the years 2019-2020 to this day there are no surprises in the prediction of BTC rose to $ 10k for this year we will see whether the whales would manipulate the price as last year the largest bitcoin holders will get what he wants bitcoin as a toy on the market price can be controlled bitcoin for this year bull run there is still a long way to go to achieve a rapid increase in the market this year.The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
It did touched $7800 isn't it, although it was for a brief moment and currently, it is still in the $77++ range. I think that next barrier though should be $8k before thinking of 5 digit figure again. I'm sure everyone knows that we're like 12-13 days before the next block halving so this might be the reason why we are entering this sort of bull-run, but just don't get too excited though, still a long way to go, everything here is not set in stone.
while most of the analyst revealed the price will reach till 10k if the rally continues like.
Here's a pro tip: stop listening to these so called "analysts".The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
So you're pretty much saying that the price could either go up, or go down? 🥴 
Bitcoin will decline to between $500 and $1000 over the next 24 months as users discover better options that include privacy by default.
It is holding a major resistance level which will now decide whether BTC breaks out upside or crashes down. Higher are the chances for a pullback though because a new bottom for this year is yet to be set by the traders (and to make longs lose billions in a few moments), so stay very attentive towards the markets and don't tell me that I didn't warn. I see this time to have a higher (opposite) probability of showing exactly what we are not expecting at all, and then the real boom will start.
After some great performance over past week BTCs rally has stopped which means it is struggling to go over $7.8, while most of the analyst revealed the price will reach till 10k if the rally continues like.
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
The resistance looks like the value may go till 8k or it will drop under 7k, however we have to hold our assets and wait for few more days.
https://www.coindesk.com/bitcoin-rally-pauses-near-7-8k-after-longest-winning-run-in-8-months
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