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Topic: BTC TO 5K$ soon - page 3. (Read 901 times)

sr. member
Activity: 1330
Merit: 291
January 14, 2020, 04:44:33 AM
#73
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
I believe you only take into consideration the technical analysis of Bitcoin without considering the fundamental issue that may influence the price of Bitcoin in a positive direction. The issue of the United States of America and Iranian government was a very big fundamental issue tueat change the technical trend of the market situation of Bitcoin. This should be a lesson for you, always consider both technical and fundamental analysis so that you can make an informed trading decision.
sr. member
Activity: 1218
Merit: 251
January 14, 2020, 04:36:45 AM
#72
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

I'm not sure bitcoin will dump. because since the beginning of this year bitcoin has continued to increase and currently the price has reached $ 8.5k. if until February bicoin continues to increase then it is likely that bitcoin is repeating history. bitcoin will continue to rise until bitcoin is reduced by half. if we look at the bitcoin graph in 2016 bitcoin continues to increase before decreasing by half.

Yes indeed bitcoin is currently increasing and it is likely that there will not be a big dump this month because the movement of bitcoin is so fast even though there is a lot of news that bitcoin will drop to the price of $ 5,000 that's just nonsense.
This is a good start before halving happens and I am sure in the next few months bitcoin can reach $10,000.
sr. member
Activity: 938
Merit: 250
January 14, 2020, 04:20:02 AM
#71
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

I'm not sure bitcoin will dump. because since the beginning of this year bitcoin has continued to increase and currently the price has reached $ 8.5k. if until February bicoin continues to increase then it is likely that bitcoin is repeating history. bitcoin will continue to rise until bitcoin is reduced by half. if we look at the bitcoin graph in 2016 bitcoin continues to increase before decreasing by half.
legendary
Activity: 1473
Merit: 1086
January 13, 2020, 08:09:30 PM
#70
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

It would be nice if BTC will not drop anymore that low, otherwise we will start over again and the amount of FUD would be enormous again.
IMO, the market has already dip and people have already matured that they won't easily panic anymore, what I am hoping to see this year is an improvement towards the halving and hopefully this will have a positive effect in post halving too.

The market went already many times below $7k, so lots of opportunities for the weak hands to fold. Maybe there are no weak hands left anymore ? Real panic would probably start below $6k, but that is a long way to go a few months before the halving.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
January 13, 2020, 05:53:08 PM
#69
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

It would be nice if BTC will not drop anymore that low, otherwise we will start over again and the amount of FUD would be enormous again.
IMO, the market has already dip and people have already matured that they won't easily panic anymore, what I am hoping to see this year is an improvement towards the halving and hopefully this will have a positive effect in post halving too.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
January 05, 2020, 05:02:58 PM
#68
We're at a tense stage of the political situation in the US and Iran. And most likely this is the catalyst that will help the cryptocurrency and gold markets grow in the near future. I don't think we're going back to 5000$ this year, the price will quickly increase because of people's needs during the crisis and the upcoming halving event. In addition, Bitcoin is still very well supported at $ 7000 and currently bitcoin price has reached 7500$, a great signal for this market.
Iran and US war tensions still do not have long-term influence on global speculation.

Panic transactions are evident in localbitcoins related to this, but do not raise prices globally. In a separate analysis, $ 6k has entered a psychological trend and if it falls deeper it will return to a range below $ 5k, I still analyze that sentiment will be stronger in the final months of the first quarter of this year.
full member
Activity: 2128
Merit: 180
January 05, 2020, 04:33:51 PM
#67
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
It possible to see the real bottom but i hope that whales will aim for a higher price now and i hope the pump will start to begin. $5000 for me is too much after the pump from $3k - $13k, we have to wait and see the price at the end of January to confirm a new trend.
sr. member
Activity: 1232
Merit: 266
> CAMPAIGN MANAGER < https://t.me/TheAndy500
January 05, 2020, 03:25:41 PM
#66
It looks like the Bitcoin price has support again and is coming back to $7500. I think this is the end of whales trying to lower prices and now the consolidation period will begin. I don't think we'll see the $5000 price again in the near future. But the dump before halving is still very possible.
hero member
Activity: 1708
Merit: 541
January 05, 2020, 11:09:28 AM
#65
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
The support proves to be strong again and again. Yesterday Bitcoin hit $6800 and it bounces right away to $7300. Do you have other reasons to be bearish?

Don't get me wrong, I would like to see Bitcoin goes back to $5000 or even cheaper because I will get to buy them cheaper. Last year I bought a significant amount in February when the price is around $4K-$5K and it turned out to be a very good investment! Even by now, the ROI of that buy was still 80%-ish. I'm planning to buy another significant amount around next month.
hero member
Activity: 1400
Merit: 505
January 05, 2020, 10:29:19 AM
#64
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
You need to show these to the whales so that they will dump the coins and will help you in entering the market right now  Tongue. If there is a really in bitcoin we might see a cooling period other than that to think that the price would go down to $5k is highly unlikely and even if you see the current trend whenever the price goes down you will see huge investment coming in and the market recovering in a short of time and that trend will continue when ever the price goes down.
legendary
Activity: 1498
Merit: 1000
January 05, 2020, 07:18:31 AM
#63
We're at a tense stage of the political situation in the US and Iran. And most likely this is the catalyst that will help the cryptocurrency and gold markets grow in the near future. I don't think we're going back to 5000$ this year, the price will quickly increase because of people's needs during the crisis and the upcoming halving event. In addition, Bitcoin is still very well supported at $ 7000 and currently bitcoin price has reached 7500$, a great signal for this market.
sr. member
Activity: 700
Merit: 250
January 05, 2020, 06:55:13 AM
#62
maybe and maybe not, we're just speculating so this is not a certainty that will happen like the sun rises in the morning and set in the afternoon

Bitcoin is a volatile platform so some peoples are think it will dump constantly in further days. But I am sure it raise slowly upcoming days and current market also green so no one concentrate the next dump. You are right sun rises in the morning and it will set in the evening, but we know it will always stay in same region and it will control the entire planets.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
January 05, 2020, 06:43:37 AM
#61
maybe and maybe not, we're just speculating so this is not a certainty that will happen like the sun rises in the morning and set in the afternoon
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 05, 2020, 04:29:41 AM
#60
Tbh, even I thought were going to see $5k last month, but I was wrong and it's proven for how many times since last month up to now that support at $7k is strong. Look at the past few days, we've dropped hundred of bucks but goes up again above $7k. If $5k is really possible, it should have happened last month where in it has the greatest chance because of holidays, people are selling to have some money. If $5k won't be seen in February, maybe the chance of seeing it became lesser.

Lol. It can go down to 5k without any significant reason. It did so a lot of times. The fud and anxiety factor can't be removed and once triggered, the price can again snowball to even less than 5k. The thing is, so what? We've seen numerous times that bitcoin rallied at a certain point during a dump. 2019 is proof that bitcoin will recover even if it slides below a feared price.
sr. member
Activity: 1036
Merit: 281
January 05, 2020, 01:34:15 AM
#59
As for my analysis, the current price of the bitcoin is at around $7400 per each and the 20 moving average and 50 moving average are now became support of the bitcoin. The price of the bitcoin will only become $5000 per each if the the 20 moving average and 50 moving average will strikes down because those 2 moving averages will become resistance.
legendary
Activity: 2058
Merit: 1015
January 04, 2020, 07:31:31 PM
#58
Tbh, even I thought were going to see $5k last month, but I was wrong and it's proven for how many times since last month up to now that support at $7k is strong. Look at the past few days, we've dropped hundred of bucks but goes up again above $7k. If $5k is really possible, it should have happened last month where in it has the greatest chance because of holidays, people are selling to have some money. If $5k won't be seen in February, maybe the chance of seeing it became lesser.
hero member
Activity: 2184
Merit: 531
January 04, 2020, 06:04:40 PM
#57
If you said 6000 I'd agree but 5? Some traders are saying that low support is at 5600 but 5000 is not an important level. If we dip to 5500 it could maybe support the price but most buyers will be ready to enter at 6000 maybe 5800. At 5000 those who wanted to enter earlier will have entered already.

We should be at least at 7 now because 6 was a strong support a year ago and we are in a growing market. Hash power is getting higher and higher, the network is much stronger than it was at 20 thousand and we aren't even at half that price.
sr. member
Activity: 939
Merit: 256
January 04, 2020, 01:09:40 PM
#56
Anything can happen in the cryptocurrency market, but I think that the possibility of bitcoin returning to the $ 5k mark is very unlikely. Until now I don't see any reason why bitcoin's price will drop to $ 5k, perhaps bitcoin will be traded at 7k ~ 7k5 in early 2020 and increase by the end of 2020.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
January 04, 2020, 12:58:47 PM
#55
It is pretty much possible but at the same time we need to understand the reason why there was no dump during Christmas and new year which happens every time. I feel market will not be stable as either there will be pump or dump because we have already witnessed a pretty stable market situation in 2019 but since we have bitcoin halving this year we will see a lot of fluctuations.
I'm pretty there's a slight dump during that time although it's not that noticeable but that's enough to think as a dump. From $10,000 to $7,000 is a dump for me though it's kind of advanced dump but still it's a dump. Tongue
And now we're lucky that the price become more stable than what I've expected.
sr. member
Activity: 1638
Merit: 261
January 04, 2020, 12:48:04 PM
#54
It is pretty much possible but at the same time we need to understand the reason why there was no dump during Christmas and new year which happens every time. I feel market will not be stable as either there will be pump or dump because we have already witnessed a pretty stable market situation in 2019 but since we have bitcoin halving this year we will see a lot of fluctuations.
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