Buy now Bitcoin today - page 7. | Bitcointalksearch.org

zeze18

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Quote from: ufaiz50 on October 21, 2019, 11:56:46 AM

Good for making technical analysis, I'm the type of person who trades by trusting the latest cryptocurrency news. In my opinion technical analysis by marking a history of corrections and bulls does not mean 100% happens, we also have to consider the influence of users and news.

Both fundamental and technical analysis are needed in cryptocurrency trading. We can't rely 100 percent on news and also on technical analysis. News can be hoax or cancelled and those are game of whales that can manipulate media

TelolettOm

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Quote from: naira on October 21, 2019, 04:56:01 PM

I think all it depends of the strategies we have depend on if we aim buy bitcoin for the long term it is not wrong to buy now because the price is cheap but if buying for the short term is too risky because the current movement of bitcoin unpredictable in this case I prefer the first selection because hold bitcoin long term will give a lot of profit

I myself think that the current prices are still relatively cheap. because the price of bitcoin should increase with current growth. the fundamentals are pretty good because there are already many people who believe in bitcoin and also more and more people's interest. Bitcoin adoption in its own payments in several countries has begun to develop rapidly. although some people still think the price can still go down at the current point

samcrypto

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Quote from: ?? on ??

Quite a bottom we have right now. 10k possible soon enough? I might consider buying few bits of it now, but I'll make a test if it can still fail to get past 8.5k. If it failed to, considering that it went down by 7k (which was the good ol days of support), then I'll consider it my buying time now.

Pretty easy to achieve $10k yet we are so far from that price but if you will look at the whole market, its a good opportunity for us to own bitcoin at a discounted price, with good future soon. 2019 is still here, we will see expensive bitcoin before halving and after that, the volume will go up again just like 2017 trend.

WatchMaker

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This is all bullocks. How can you tell anyone to buy bitcoin now when we are approaching November in the fourth quarter of the year? I don't think that is a good idea. You can only advise people to buy bitcoin in the fourth quarter of the year when is there is an active bull run in the market. If there is no bull run in the market, it is too risky because the winter is coming.

naira

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I think all it depends of the strategies we have depend on if we aim buy bitcoin for the long term it is not wrong to buy now because the price is cheap but if buying for the short term is too risky because the current movement of bitcoin unpredictable in this case I prefer the first selection because hold bitcoin long term will give a lot of profit

exstasie

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Quote from: pamsugas on October 21, 2019, 09:34:18 AM

It seems everything is going well
I will add the bitcoin fractal which will continue to rise
1W and 1D chart

Devil's advocate: it's a head and shoulder pattern, and the incoming bounce will form the right shoulder.

Quote from: pamsugas on October 21, 2019, 09:34:18 AM

120 and 180 chart

There's a notable distinction between the two. The earlier fractal appeared in the middle of an uptrend. This one appears during a downtrend. So there's an argument to be made that the current pattern is a bear flag.

suvo05

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It's really hard to predict the value of the bitcoin. If you see different prediction then you will see different forecasts and different graph everywhere and as there are lots of extra factors (like gov ban and regulation ) are there so I found really difficult to rely on that kind of graph. But watching the past performance and the future possibility of BTC maximum people will agree that BTC is at low price now. So it is good to buy it today.

jakoylantern

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For me, it's not that bad to buy bitcoin now because you can see the graph that it will increase sooner. But it's not that accurate because we know that bitcoin's fluctuating price rate is difficult to understand. Also, do your calculation, research, analysis ( TA), and set your target price rates. But it depends on you if you can afford and calculated to buy some bitcoin, why not? There are some TA that is showing it a good time to buy.

Darooghe

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Since it's really hard to identify the bottom, you might want to wait until it starts to head up a little bit on a steady trajectory, before you buy. Yes, you missed the bottom, but you don't miss false bottoms, at least on the local scale.

For now, since it is impossible to buy at the very bottom anyway, I agree that buying BCH right now is not a bad decision. I would estimate that BTC will still fall below $6,000, but since BCH right now is already artificially low it could very well be that it won't go that much further down.

ufaiz50

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Good for making technical analysis, I'm the type of person who trades by trusting the latest cryptocurrency news. In my opinion technical analysis by marking a history of corrections and bulls does not mean 100% happens, we also have to consider the influence of users and news.

Meowth05

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Quote from: CarnagexD on October 21, 2019, 08:31:30 AM

It seems that the chart has a good sign on the bullish market and I really hope it will happen. As of now, this is the current price of bitcoin 8,262.45$ and I think right now we can see a slowly rising price. If you going to buy bitcoin maybe this time is the good entry point simply because in the next few days the price will start to increase until it reaches again the 10000$.

Well actually we cannot tell by just looking in the chart we should consider the fact that the market is uncertain to predict. However, I agree that you should consider purchasing now since bitcoin is now making a move, I don't know if it will go for another dip or go for a bull. If you were a long-time investor then perhaps you don't need to worry about the price you are going to buy because remember bitcoin is volatile, bitcoin could drop as low but it can recover the loss and become even more compared to what it is before.

maxreish

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A big possibility to happen. Since RSI was oversold, expect some huge bull run. But it since many have an entry to buy long, we can't really be sure for it. On the other hand, I am very optimistic about it. We've touched down at $7500 few days ago, it is time we experience some increase in upcoming days.

There is a breakout at $8200 and it will continue to bull run as expected.

jets567

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I saw this thread since it was posted but didn't add any comment that time because I don't have a TA skills Grin

which can help this thread more informative but I can't stop myself to praise OP on his bullish prediction and it seems that OP was right on his prediction base on the price movement of Bitcoin over the past few days.

pamsugas

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It seems everything is going well
I will add the bitcoin fractal which will continue to rise
1W and 1D chart

120 and 180 chart

CarnagexD

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It seems that the chart has a good sign on the bullish market and I really hope it will happen. As of now, this is the current price of bitcoin 8,262.45$ and I think right now we can see a slowly rising price. If you going to buy bitcoin maybe this time is the good entry point simply because in the next few days the price will start to increase until it reaches again the 10000$.

Finestream

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That's possible and I agree, with that price if we will ever achieve that again, we will be close to $10K which my conservative target by the year end.
I will follow this thread and let's see if from the current price, we can see some big pump this month.

carter34

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Quote from: senne on October 21, 2019, 03:07:14 AM

But I still would like to wait for the trend confirmation before jumping in to take any position.

As for my own view too. my position is same thing, to wait maybe till next year so not to be trapped. The price over a month has been sideways and ranging. It can either way, as I'm looking at the $8,500 to be broken before the end of the year.

senne

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Bitcoin successfully defended the support of $8k which shows that bulls are strong enough to hold it. But the picture isn't yet clear. Until BTC crosses the resistance of $8800, much can't be said about the trend. You're correct that falling wedge is in the formation and this $200 jump is a good indicator for the bullish trend. But I still would like to wait for the trend confirmation before jumping in to take any position.

EdvinZ

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Quote from: pamsugas on October 20, 2019, 04:44:17 AM

I make a point that today and tomorrow are the last days of cheap bitcoin. bitcoin is forming a falling wedge pattern which means that when the downtrend line is broken the btc will likely return to the price of 8500 - 9500.
What do you think?

some predictions that I have made https://www.tradingview.com/u/pamsugas/
you can follow me.
Thanks.

Your technical analysis worked like a high-precision laser! You're just a good thinker, such a trader, I would entrust my money to the management:) I Hope Bitcoin will no longer test the level of $7900, because the nerves of investors are at the limit. The main cryptocurrency has already fallen almost 2 times from the recent price of $14,000. I think the current price level we will remember as a historical bottom. Now only up!

erickastella

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Very good analysis, my friend, I understand very well about graph analysis, but if you only rely on the chart it is not enough to be strengthened with some good news for bitcoin, to help strengthen that bitcoin will rise to the moon, especially now that bitcoin is downtrend so we are extra careful when making choices.

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