The good news is that technical analysis is working. as we can see on the graph the lines of support and the resistance lines are working.
This means we can trade according this.
Topic: BTC: where is the market going - page 5. (Read 1141 times)
The good news is that technical analysis is working. as we can see on the graph the lines of support and the resistance lines are working.
This means we can trade according this.
This is WRONG I believe that we will have a breakout. I thought so because I saw one of my friends post the pie which is telling us that we will have a breakout.
It's best if you knew it for yourself why a breakout was to be expected than just the fact your friend said so. Here's what the market is looking like today- stop at yesterday since it's the Daily chart:
In it I see a couple of uncompleted Reverse Head n Shoulders formations, but the latest one is still a going concern and what I can make from it is actually intone with OP position - a drop to $6300 should be expected and a rally to $7300, some consolidation and then a test of the $8600 level and then the $10000 would be next in line.
As users mentioned a trend reversal is highly expected to make a big change in the growth of bitcoin as well to reach a value above $15000. Right now even though lot of good things were taking place around the globe through cryptocurrency we haven't experienced any big increase which confirms that the bear trend still continues.
Bitcoin looked bad a few weeks ago. But today the situation has changed for the better, there was a hope for growth. An ascending wedge has formed and if the yield is upward, I expect a rise above 7,000 thousand dollars for Bitcoin. This is an optimistic scenario. But the market is still very frail and the price decline is below 6000 thousand more real than growth. Therefore, I do not relax and wait in the event of a worse development of events and a price decrease below 6000 thousand.
If you are easily shifted from opinion based on a pretty simple increase or decrease, and it seems that more people are like that, then it clearly points out how easy it is to trick people thinking something is good or bad.The market is exactly the same as how it was some days ago, nothing really changed, and there hasn't been any development justifying a positive change giving the market the confidence that it needs to go up.
Bitcoin didn't and doesn't look good or bad, it's pretty natural if you ask me. The only right thing to do is to dollar cost average and just wait for actual bullish developments to deal with the down trend conveniently.
BTC is a top cryptocurrency in this online market. most of the people know about Bitcoin but no one can say exactly when the market will be going because Bitcoin can't control any person or any company and any Academy so if you think Bitcoin will be hit in this end of the year around $20, 000 but your prediction is perfectly working? you can't say your prediction is properly working because cryptocurrency experts make a prediction but his prediction always not work properly but I think that in August Bitcoin will be going very faster and it will be touch around $15, 000
I suppose that our precious market is going right to the bright future, but for now it needs to go through many regulation processes and corrections, but is seems that it wakes up finally after long sleep
I believe that the market price today will just continue to grow because people are starting to invest again continuously so we might can expect for the price of bitcoins to grow up to $20k dollars just like what happened last year.
Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.
The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.
Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.
This means that it's better not to rush to buy while waiting for a better moment for it.
you can see that after the bitcoin on the price of the bitcoin in the transparent through the day the day, the current time has diminished and adjustment light, the field is in the chu kỳ discount in long time because the bitcoin that will be next immorting any immeding any anyway and you will reo the two short short if the first length to bitcoin. the field will be able to be restore on the 7000 $ before continue. Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.
The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.
Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.
This means that it's better not to rush to buy while waiting for a better moment for it.
Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.
The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.
Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.
This means that it's better not to rush to buy while waiting for a better moment for it.
You can see that bitcoin prices are showing signs of a strong recovery, at present it can be seen that bitcoin prices have recovered to $ 6900 and still showing signs of a slight increase. According to my analysis, the bitcoin price will be able to rebound to the $ 7200 level and then turn around and fall back to the $ 6300 mark. Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.
The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.
Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.
This means that it's better not to rush to buy while waiting for a better moment for it.
Bitcoin looked bad a few weeks ago. But today the situation has changed for the better, there was a hope for growth. An ascending wedge has formed and if the yield is upward, I expect a rise above 7,000 thousand dollars for Bitcoin. This is an optimistic scenario. But the market is still very frail and the price decline is below 6000 thousand more real than growth. Therefore, I do not relax and wait in the event of a worse development of events and a price decrease below 6000 thousand.
If you are easily shifted from opinion based on a pretty simple increase or decrease, and it seems that more people are like that, then it clearly points out how easy it is to trick people thinking something is good or bad.The market is exactly the same as how it was some days ago, nothing really changed, and there hasn't been any development justifying a positive change giving the market the confidence that it needs to go up.
Bitcoin didn't and doesn't look good or bad, it's pretty natural if you ask me. The only right thing to do is to dollar cost average and just wait for actual bullish developments to deal with the down trend conveniently.
Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.
The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.
Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.
This means that it's better not to rush to buy while waiting for a better moment for it.
Yes, Bitcoin looked bad a few weeks ago. But today the situation has changed for the better, there was a hope for growth. An ascending wedge has formed and if the yield is upward, I expect a rise above 7,000 thousand dollars for Bitcoin. This is an optimistic scenario. But the market is still very frail and the price decline is below 6000 thousand more real than growth. Therefore, I do not relax and wait in the event of a worse development of events and a price decrease below 6000 thousand.Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.
The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.
On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.
Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.
This means that it's better not to rush to buy while waiting for a better moment for it.
Market price is now in go signal as it turns green as of this time.Bitcoin price is now slowly but surely climbing up to the top.Last time I checked BTC price was at $6500 and now it reaches $6800.From time to time will be expecting more from bitcoin to rise up even better.Now let's set our goal to break the $7K margin for us to be confident that bullish market is now coming in.
I suppose that our precious market is going right to the bright future, but for now it needs to go through many regulation processes and corrections, but is seems that it wakes up finally after long sleep
It was some lean period in which the market kept on falling and dint start to rise. Now we are seeing some of the momentum in which it has started to recover it pace ans slowly climbing upwards to 7k target first.
If I think the market goes down again for a while and maybe until the end of the year. People are afraid to invest now, but once we are at 3k. As we see now the market is slowly declining. I think the price will go down but it will pump again.
In my opinion , market will be stable between 6000-9000 till autumn, i am expecting major changes after summer. If not, we can go something in these levels a bit more .
I suppose that our precious market is going right to the bright future, but for now it needs to go through many regulation processes and corrections, but is seems that it wakes up finally after long sleep
It was some lean period in which the market kept on falling and dint start to rise. Now we are seeing some of the momentum in which it has started to recover it pace ans slowly climbing upwards to 7k target first.
What's happening with market has taken place in the past, but we didn't find it a big issue as the price were low by that time. Another thing is the fluctuations that took place were high in terms of percentage but in terms of value it is low compared to the present value. Taking this comparison it is easy to overcome the ongoing market situation rather than fearing and ending on unwanted losses.
We always ask where the bitcoin market will go in the future? Its price has gone down too low. I am really depressed and distrustful. I wait for the market to recover. I'm worried I will not sell my coins. Currently I need money but low price.
Its really sad when the market is down and you need the money badly, this is why people are being informed that don't invest the money that you think you will need in the future because there is no safe profit in this market. The market will grow in the future.
Judging by the wave analysis, now we have the first wave of growth, roughly 5 waves will be in the region of 50k$. So we are waiting for a very strong pamp, I think the news will just be prepared for this.
I can offer the perspective of some one who was in the telegram since april, and participated in the proof of heart. No way I would sell around 100 sats, im sure some would but I worked way to hard for those tokens to sell them at 100 or even 320. In this market though its hard to know, if the bulls stay in control of BTC with this bounce I think you'll see it move to the upside in a big way. This company is the real deal imo, i've never seen anything like it in the cryptosphere.
The good news is that technical analysis is working. as we can see on the graph the lines of support and the resistance lines are working.
This means we can trade according this.
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