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Topic: Buy @ 6.7k, Sell @ 9k (Read 177 times)

sr. member
Activity: 700
Merit: 250
November 25, 2019, 11:02:51 AM
#8
The price of bitcoin is now in a good time to buy because its price has dropped and I think it is the most downside of bitcoin. So when we buy bitcoin now we have a huge chance of making a profit in the next few weeks or so in the next few months.

Yes I also want to buy now I think this is the time to buy my target not so far if bitcoin has reached $ 8,000 I will sell it I will not wait long to get big profits, why I only target at $ 8,000 because Chinese investors have now bought bitcoin again.
This is the best time invest on Bitcoin so we make good profit on short term, But before to invest we must target the one or two months because sudden hype is impossible on this situation. So we must wait and see the next bull run on further days, I think still most are selling the Bitcoin so we must turn off the internet and wait for one more weeks is the right choice.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
November 25, 2019, 10:42:21 AM
#7
The price of bitcoin is now in a good time to buy because its price has dropped and I think it is the most downside of bitcoin. So when we buy bitcoin now we have a huge chance of making a profit in the next few weeks or so in the next few months.

Yes I also want to buy now I think this is the time to buy my target not so far if bitcoin has reached $ 8,000 I will sell it I will not wait long to get big profits, why I only target at $ 8,000 because Chinese investors have now bought bitcoin again.
hero member
Activity: 2030
Merit: 789
Top Crypto Casino
November 25, 2019, 10:17:41 AM
#6
Bitcoin is definitely going to get very bullish next year but I feel before then, It'll first be available at discount prices (even less than it is now). That's why I'm suggesting that before you run off to exchanges to place your LONGS, You should continue buying in bits. It's not every day Bitcoin would make a surprise 30% relief rally pump. A wise man once said, We've to go down to go higher.

The price of bitcoin is now in a good time to buy because its price has dropped and I think it is the most downside of bitcoin. So when we buy bitcoin now we have a huge chance of making a profit in the next few weeks or so in the next few months.

We're => 7 months away from the Bitcoin halving event. The market doesn't have a one sided view. You should get facts right so you can make a more informed decision.
legendary
Activity: 2170
Merit: 1427
November 25, 2019, 09:49:03 AM
#5
but hopefully we will not fall down to much since if those prediction of huge meltdown will came maybe we cannot see a good halving effect next year.

It's always the same, when the price is going up you'll see plenty of bullish charts explaining how we could reach $100,000 and beyond. When we are going down you will see plenty of bearish charts explaining how we could reach $3000 and in the worst case even $1000 and lower.

Anyone expecting the price to reach $3000 and lower is delusional. The next bottom will be higher than $31xx. How much higher no one can say, but I do not expect it to even wick below $4500. The 200MA on the weekly is quickly approaching $5000 and that will prove to be the best recent entry point for Bitcoin.

Important to not forget; the fact that we this year didn't see a super duper bull run similar to 2013 and 2017 means that we won't see a similar corrective aftermath. There simply are fewer speculative hands to shake off.
hero member
Activity: 1273
Merit: 507
November 25, 2019, 09:43:06 AM
#4
The price of bitcoin is now in a good time to buy because its price has dropped and I think it is the most downside of bitcoin. So when we buy bitcoin now we have a huge chance of making a profit in the next few weeks or so in the next few months.
member
Activity: 450
Merit: 59
November 25, 2019, 06:54:07 AM
#3
Advice for short term investors.

Of course long term holders will not care, but a bounce back is expected towards 9k.

There is a very strong support at 6.4k.

This support at 6.4k is very important, if we get below it will be very ugly, but right now it's likely that this support holds.

That is a circa 30% profit expected for February or March 2020.

Looking good for now. Every investment is risky but the risk is quite low in my opinion.

Do your own research and invest what you can afford to lose.

Best of luck.

I hope he's not right with his predictions https://www.tradingview.com/chart/BLX/NOYj8C7H-Warning-Here-s-Why-BTC-is-Set-To-Fall-To-3000-or-Lower/ and if it breaks the support then we will all sucks  Grin but hopefully we will not fall down to much since if those prediction of huge meltdown will came maybe we cannot see a good halving effect next year.

Thanks for sharing,

There are two ways the ABC correction could be playing out: a flat, or a zigzag.

Given the support at 6.4k I am betting on a flat, but we will see.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
November 25, 2019, 06:30:31 AM
#2
Advice for short term investors.

Of course long term holders will not care, but a bounce back is expected towards 9k.

There is a very strong support at 6.4k.

This support at 6.4k is very important, if we get below it will be very ugly, but right now it's likely that this support holds.

That is a circa 30% profit expected for February or March 2020.

Looking good for now. Every investment is risky but the risk is quite low in my opinion.

Do your own research and invest what you can afford to lose.

Best of luck.

I hope he's not right with his predictions https://www.tradingview.com/chart/BLX/NOYj8C7H-Warning-Here-s-Why-BTC-is-Set-To-Fall-To-3000-or-Lower/ and if it breaks the support then we will all sucks  Grin but hopefully we will not fall down to much since if those prediction of huge meltdown will came maybe we cannot see a good halving effect next year.
member
Activity: 450
Merit: 59
November 25, 2019, 06:22:23 AM
#1
Advice for short term investors.

Of course long term holders will not care, but a bounce back is expected towards 9k.

There is a very strong support at 6.4k.

This support at 6.4k is very important, if we get below it will be very ugly, but right now it's likely that this support holds.

That is a circa 30% profit expected for February or March 2020.

Looking good for now. Every investment is risky but the risk is quite low in my opinion.

Do your own research and invest what you can afford to lose.

Best of luck.
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