both up and down, in other words sideways. and that will remain the current trend for at least until 2020 starts and a couple of weeks passes. the market doesn't seem to be ready for the rise and at the same time everyone is waiting for the rise which means any drop will be faced by a lot of buys (like what we saw a couple of days ago) that pushes the price back up again with high speed.
usually these trends end up with a big breakout which makes the price jump something like 40% up. so we can expect to see $10k+ after this ended.
Topic: BTC which price it's heading next? - page 4. (Read 1106 times)
The sentiment is changing pretty fast, last week everybody was bearish and expected $5500 sometime before the year end, and now that the $6500 area held and looks like a double bottom was formed, people are expecting at least $8K.
Here is the issue with this. When everybody is expecting $8K what will most likely happen is it will come close to $8K but not reach it or it will go to $8K, everybody will short it and it'll end up going to $9-10K before heading back down again targetting the $5500.
Generally do the opposite of what the crowd is doing.
Here is the issue with this. When everybody is expecting $8K what will most likely happen is it will come close to $8K but not reach it or it will go to $8K, everybody will short it and it'll end up going to $9-10K before heading back down again targetting the $5500.
Generally do the opposite of what the crowd is doing.
BTC has rally up to $7588 now atm , look like we could end the year with hope that it could reach $8k ?? Some resistance around 7.7k to 7.9k, lets watch
I guess bitcoin price has a chance to break $7600-$7700 if the situation still likes this. We saw that the bitcoin price at the exchange gets a pump so that the price can break $7500. We can hope that from today, the price can change and moves to a higher price and break $8000 even back to $10k again. The sign of increasing has appeared, but we don't know if that is for real or not since the market can increase or decrease in the next hours, so we need to be careful.
8k? 9k? maybe back to 12k. 
Who would think that the bitcoin price could bounce to $7,596 as of writing this?
I didn't. I though it will be dumped until the end of December and yet it could still hang on a good price. That is for me.
Ever since $6k+ had been hit there are a lot of theories that are being made. Either FUD or a hype that says this is just for preparation for next year's halving.
It might or it may not. You could use your instinct to foretell where it might go.
Who would think that the bitcoin price could bounce to $7,596 as of writing this?
I didn't. I though it will be dumped until the end of December and yet it could still hang on a good price. That is for me.
Ever since $6k+ had been hit there are a lot of theories that are being made. Either FUD or a hype that says this is just for preparation for next year's halving.
It might or it may not. You could use your instinct to foretell where it might go.
I think the price will just hang around the current price for a while until we get closer to the halving. At that time I think the price should start to increase significantly.
The sentiment in the bitcoin market already changed from "sell" to "buy" which show that the price increase over $7600 today and probably heading towards $8K and then $9K according to godmode technical analysis by dmwardjr, his analysis pretty accurate and interesting to follow his decision. Don't miss the chance, buy while it below $8K.
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on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
now, the price of bitcoin is really close to the price of $ 7,700. if a price increase occurs, then the price of bitcoin will rise to the next $ 8,000. if it happens before 2020, then this can be a positive thing for the future development of bitcoin. however, at the moment the price of bitcoin is trying to recover, so I look forward to the high prices at the end of this year.
BTC has rally up to $7588 now atm , look like we could end the year with hope that it could reach $8k ?? Some resistance around 7.7k to 7.9k, lets watch
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
Everything is possible in the cryptocurrency market but it will be difficult for the price of bitcoin to rise beyond $ 8k in the last days of 2019. I think it will be traded around the price of 6k6 ~ 7k4. $ from here until February 2020. Perhaps bitcoin can only increase in March 2020 and then the price will fluctuate between $ 9k ~ $ 10k. 
The price went down and up recently which shows that the bottom has been found, at least to me it is like that but it doesn't have to be like that, just my opinion. So, if I am right and when we went down but couldn't get any lower and price went back up that means the price can't get any lower and won't be having any more price troubles.
I see an easy 10k+ price prediction right now and could even reach as high as over 20 thousand dollars by the time halving comes. Like I said before I am not saying this will definitely happen but from what it looks in the markets right now bulls are getting bigger and bigger and the buy amounts are not only more in numbers but also in bigger orders as well.
I see an easy 10k+ price prediction right now and could even reach as high as over 20 thousand dollars by the time halving comes. Like I said before I am not saying this will definitely happen but from what it looks in the markets right now bulls are getting bigger and bigger and the buy amounts are not only more in numbers but also in bigger orders as well.
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
May be 8k? Anyway I was just strongly thinking that it would hit the spot at 8k mark having just silly reasons. I have this strong feeling that till 2019 closes, bitcoin market wouldn't go down at 6k nor at worst case 5k. Market have been rallying at 7k for quite a long though. Well, anyway, let's see at January may be it would crashed or luckily would increase at least by a bit.
$6000? $7500? $8000?
It could be anyone of these prices because nobody know or else some whales decides to play things around before the new year (still doubting this though).
I personally hope the price don't go below $6k or $7k. I am just hoping those who sold out of frustration are done. We need to begin the coming year with good price.
indeed , the fact that big players taking action massively in the recent days i can not say anything about which one is the support ? It could be anyone of these prices because nobody know or else some whales decides to play things around before the new year (still doubting this though).
I personally hope the price don't go below $6k or $7k. I am just hoping those who sold out of frustration are done. We need to begin the coming year with good price.
those big players could remove their positions anytime! all at once and trigger the panic .
they have done this since it was on $9500 down to $8000 and all of these for me showing a strong bearish signals.
i am holding my old bitcoin and will continue no matter what, this should not scared us. we have been through this , the outcome and result after this suffering moment will get paid in very good way
$6000? $7500? $8000?
It could be anyone of these prices because nobody know or else some whales decides to play things around before the new year (still doubting this though).
I personally hope the price don't go below $6k or $7k. I am just hoping those who sold out of frustration are done. We need to begin the coming year with good price.
It could be anyone of these prices because nobody know or else some whales decides to play things around before the new year (still doubting this though).
I personally hope the price don't go below $6k or $7k. I am just hoping those who sold out of frustration are done. We need to begin the coming year with good price.
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
I don't know where but in the last few days, the market has rebound a bit and it would be nice if we will continue to see a price improve going to the end of the year. I didn't expect btc to hit $5k this year, my expectation was to really see $10,000 price by the end of the year but its' not likely to happen, so I just hope that at least price will not drop anymore.
BTC would probably just play around this area. the 6k - 8k range. Unless anything major occurs and by major I mean major. I'd believe this period to be the time for traders to accumulate BTC before the major halving of 2020. Major market changes would probably happen by February or March instead of this month or January, cause well, traders are also preparing for the changes halving may bring towards the current market. Changes may occur cause of the holiday seasons and a lot of people dropping off BTC to change to fiat, but shouldn't affect market price that much.
You have a point. I don't think there will be a huge movement in Bitcoin's price this month, the fact that folks will convert some of their coins into fiat. Perhaps, Bitcoin will not exceed $9000 unless there will be some phenomenon will occur that will have an impact on the market. In my opinion, we should take this opportunity to accumulate more Bitcoins since the next halving is near. Talking with halving, probably there will be some big changes after this occurrence so I guess it is better to be prepared before it became too late.
Yea i think there will be more range bounce before moving upward or downward , and i think halving may not have a very big effect on price
@vendetta009 no one can be absolutely certain in which direction bitcoin prices might go, but I’m glad bitcoin prices found support levels at $6500 levels otherwise it would have been a disaster for all of us who’re holding it. In my personal opinion bitcoin prices shall remain range bound for quite a while, before jumping upwards when the halving event nears but I’m no analyst so take my opinion with a pinch of salt.
Source: https://www.newsbtc.com/2019/12/19/bitcoin-halving-catalyze-fomo-large-bull-run/
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
@vendetta009 no one can be absolutely certain in which direction bitcoin prices might go, but I’m glad bitcoin prices found support levels at $6500 levels otherwise it would have been a disaster for all of us who’re holding it. In my personal opinion bitcoin prices shall remain range bound for quite a while, before jumping upwards when the halving event nears but I’m no analyst so take my opinion with a pinch of salt.
Source: https://www.newsbtc.com/2019/12/19/bitcoin-halving-catalyze-fomo-large-bull-run/
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
@vendetta009 no one can be absolutely certain in which direction bitcoin prices might go, but I’m glad bitcoin prices found support levels at $6500 levels otherwise it would have been a disaster for all of us who’re holding it. In my personal opinion bitcoin prices shall remain range bound for quite a while, before jumping upwards when the halving event nears but I’m no analyst so take my opinion with a pinch of salt.
Source: https://www.newsbtc.com/2019/12/19/bitcoin-halving-catalyze-fomo-large-bull-run/
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
Estimated guess:
- 50% chance we go to the $8K area before pulling back into chop or downtrend.
- 30% chance we go to the $9K area and test the downtrend line from June.
- 20% chance the local high is already in and we're about to slow bleed again. Eyes on $5,400.
on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh
I think bitcoin price will heading to $7,300 first if there is a strong buying at the market so the price will be increased soon. But if in the next week, there are many people leave the market because of the holiday, then we will see the price will not move too high or even it will go down for a while until the next year. But we still have a chance to see the price will be back to the high price and I am sure that we will break more than $7,300.
BTC would probably just play around this area. the 6k - 8k range. Unless anything major occurs and by major I mean major. I'd believe this period to be the time for traders to accumulate BTC before the major halving of 2020. Major market changes would probably happen by February or March instead of this month or January, cause well, traders are also preparing for the changes halving may bring towards the current market. Changes may occur cause of the holiday seasons and a lot of people dropping off BTC to change to fiat, but shouldn't affect market price that much.
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