I see the conditions at the exchange today experienced price increases and hopefully the predictions you gave can become reality because signs of rising bitcoin prices have been seen, hopefully by the end of 2019 bitcoin prices can be above $15k and welcome halving bitcoin so that bitcoin will be really hard to get.
It is difficult to say this because Bitcoin is still in a phase and often drops suddenly which makes investors feel very nervous when investing. I think the downtrend will last for a few years and if you are not careful you will easily lose money here. I am not sure what this market will look like in the next few months but it is possible that Bitcoin will soon return to $6000 before there is a major change. 
Topic: Buy now Bitcoin today - page 8. (Read 2298 times)
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.
This is quite a prophetic TA. I am amazed. And I very seldom am amazed when it comes to TAs. Many of them are failing their predictions. But not this one, so far, although I am seeing in the charts that instead of Bitcoin pushing through with the rising line and creating a double digit growth before going into correction, it has already bumped into something hard even before it hit $8,300. I hope to see $9,000 though very soon.
I think the breakout done few hours ago? That pump from around $7900 to $8200. It continue will still above $8000 then it is good, we are already battling this $8000 support for how many weeks. Hope we will still stay above $8000, that pump recently is good for Bitcoin.
I have read this kind of analysis so many times before but instead of Bitcoin will rise up but its falls down losing my investments. Its just like when you buy the dip it dips oven more so i suggest that do not be easily to fall to this speculation because the truth is no one could really tell the future of Bitcoin market but this is better than spreading FUD.
You have a good analysis there buddy and I do believe that it is another opportunity for one to buy expecting high return in time to come. But is not equally lost on me that the current market trend may decline further than the current level you pegs the bottom which might be disastrous to short term trader if they were to go by your advice.
I think the breakout done few hours ago? That pump from around $7900 to $8200. It continue will still above $8000 then it is good, we are already battling this $8000 support for how many weeks. Hope we will still stay above $8000, that pump recently is good for Bitcoin.
Continue to hold the barrier and able to attract investors to buy more, it will pumped a little but enough to hold the current price. Last quarter alwaysgives some good hints what will be the possibilities of the next target level. Maybe gaining back $10k before the end of this year would profitable enough for people who are investing with short term distance.
While for every long term hodlers, there's no actual timing but believing that it will bring good value to set your targets.
I see the conditions at the exchange today experienced price increases and hopefully the predictions you gave can become reality because signs of rising bitcoin prices have been seen, hopefully by the end of 2019 bitcoin prices can be above $15k and welcome halving bitcoin so that bitcoin will be really hard to get.
I like the analysis you made, thanks for sharing it. It could be today and tomorrow is the lowest price of bitcoin. Now the price of bitcoin
rise to $ 8200 which was before $ 7900. If it turns out that the prediction is correct it will soon be heading the price of $ 9,000, we just
keep watching its development. If I have already done it to buy bitcoin, now it's just waiting for movement bitcoin. But if it doesn't turn
bullish, I don't think it will drop to $ 3000. In my opinion the maximum price of bitcoin is down at $ 7,700.
rise to $ 8200 which was before $ 7900. If it turns out that the prediction is correct it will soon be heading the price of $ 9,000, we just
keep watching its development. If I have already done it to buy bitcoin, now it's just waiting for movement bitcoin. But if it doesn't turn
bullish, I don't think it will drop to $ 3000. In my opinion the maximum price of bitcoin is down at $ 7,700.
I think the breakout done few hours ago? That pump from around $7900 to $8200. It continue will still above $8000 then it is good, we are already battling this $8000 support for how many weeks. Hope we will still stay above $8000, that pump recently is good for Bitcoin.
I think the prediction you have has the difficulty of being able to make the price of bitcoin expensive again because there is currently no good news that can trigger a rise in the price of bitcoin and it doesn't hurt if you buy bitcoin because bitcoin has very limited supply and demand that so high that bitcoin can guarantee profits for those who still have bitcoin.
Buy today to regret it tomorrow? I consider the current chart formation to be indicative of a falling knife, which is something you shouldn't touch if your sole goal is to make a quick dollar or two, unless you're going short of course.
A falling knife usually refers to a crash. We've been sideways for 3 weeks. Classical technical analysis says it's a bear flag but BTC breaks upward from bearish patterns fairly often. We might be looking at the old scam curve. Best to be prepared for a breakout in either direction.
Even if we're in a full on bear market now, a retest of the $9,000s up to $10K is pretty much inevitable.
And it looks like we have launched. The RSI was again showing a buy opportunity and people took it. I hope it's not going to be short-lived. We could use a few green dys right now.
If you ask me if you should buy today I will always answer yes. Smart people are dollar cost averaging just to hold as much as possible when we enter real parabolic rally like you've never seen before.
If you ask me if you should buy today I will always answer yes. Smart people are dollar cost averaging just to hold as much as possible when we enter real parabolic rally like you've never seen before.
Just look at the support and you will know who's lying while expecting a $3000 if Bitcoin drops. It is just too much to think that Bitcoin would reach that price again. Those weak-hands doesn't know anything in the market but I believe that Bitcoin would be testing the $7k before going up to try to break the $9k resistance.
Yeah, $3000 is not going to happen anytime soon. Setting aside technical analysis, i feel that people have already learned that bitcoin is too legit to go back to those kinds of lows. I believe that a retrace to ~$7k levels is really healthy, especially for the upcoming halvening. It will be just in time for the next huge pump which could bring us back to $9k levels or even to possible new all time highs.
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.
There were negative speculations about the formation of death cross. This might create another FUD and probably make another panic from the weakhands. Although this pattern may not mean anything, but the similarity of this situation from the past when Bitcoin drops down to $3,000, will somehow make an impact to the doubtful in investors.
I admire your bullish speculations, but I might hold onto my belief that we'll be hanging to this support level or worst, a drop below $7,000 at least until mid November.
Meaning this is not the lowest point at the moment many say bitcoin will fall and continue to fall, and I am not sure it will go down to $ 3000. Bitcoin prices are still flutuactive it can not be confirmed, if the OP says today the lowest price of bitcoin I think it's reasonable because viewed from the graph indicates that bitcoin will rise.
Additional analysis, especially on the STOCHASTIC RSI on bitcoin.
This is weekly time frame and what I see is we are current oversold, last time we are oversold is when the price of Bitcoin dump below $4,000. As what I can see is maybe bears can't push this anymore even below $7,000 for sure.
This is weekly time frame and what I see is we are current oversold, last time we are oversold is when the price of Bitcoin dump below $4,000. As what I can see is maybe bears can't push this anymore even below $7,000 for sure.
Long term stochastics (and also momentum indicators like RSI) can stay oversold for months in a strong downtrend. I would never depend on them to signal a bottom. Look at these examples from the 2014 bear market:
Cut to save space
Additional analysis, especially on the STOCHASTIC RSI on bitcoin.
This is weekly time frame and what I see is we are current oversold, last time we are oversold is when the price of Bitcoin dump below $4,000. As what I can see is maybe bears can't push this anymore even below $7,000 for sure.
I am also expecting more upside price action in next coming weeks, especially when are fast approaching on block halving.
Additional analysis, especially on the STOCHASTIC RSI on bitcoin.
This is weekly time frame and what I see is we are current oversold, last time we are oversold is when the price of Bitcoin dump below $4,000. As what I can see is maybe bears can't push this anymore even below $7,000 for sure.
I am also expecting more upside price action in next coming weeks, especially when are fast approaching on block halving.
If you look back in time on the 1W Stoch RSI, there's still times where the indicator fell to near zero and had only minor bumps upwards from zero and went back down, and a view of the 1D Stoch RSI shows there's still room for it to fall, but I'd agree that there's likely going to be more upside in the longer-term while we could see additional moves down in the mid-term as the bearish trend we're currently in still remains strong. I'm additionally expecting the actual halving to be relatively uneventful but a rise a bit after the event has passed somewhat.
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.
I think it looks like exsasie is right, the price needs to go down only a juuuuuust a bit, like if we test to $7300 first then we have like $7000 for 1 hour or so and jump right back to $7300 then the price would say "hmmm they don't allow us to go under $7300, we tried $7000 and it went back up" and then traders will say "if the accumulation is over and price is not going down then maybe we should go up again before we drop".
So, the price may drop to $7600-$7300 levels and then jump super high, that would end up with price going over $9k+ for the first time since the last months drop and then probably stay above $9k+ for a while until traders are done selling all their coins without disturbing the market, after they are done then price may end up dropping once again for another accumulation phase.
So, the price may drop to $7600-$7300 levels and then jump super high, that would end up with price going over $9k+ for the first time since the last months drop and then probably stay above $9k+ for a while until traders are done selling all their coins without disturbing the market, after they are done then price may end up dropping once again for another accumulation phase.
It's all well and good using previous behaviour of the price graph to predict future behaviour until the "pattern" gets broken. People come up with all kinds of patterns based on the fact that it happened once or twice before. I'm not a believer in trying to identify shapes in graphs like falling wedges and the like.
To people who have no idea what's going on and are reading this: if you really want to invest then use DCA (Dollar Cost Averaging). It does a better job of shielding you from drops, there is no telling if the price will go up or down any time soon.
To people who have no idea what's going on and are reading this: if you really want to invest then use DCA (Dollar Cost Averaging). It does a better job of shielding you from drops, there is no telling if the price will go up or down any time soon.
I think the price is still very high to get in right now. I think we will see another shake before we go up again. Bitcoin still not accepted in major countries as a payment method & regulators still hesitating to accept bitcoin. That's why serious investors not interested to invest right now. People investing just based on imagination. Bitcoin failed to hold this price last year and I think this year we will see the same result. There is very low possibilities that price will go up from here but most of the people think we're going down below $5000 again. Without proper regulation & controlling on the market from manipulation we won't see a stable high price. Price can hit $15000 this year as well but won't hold there more than a week. So we should no care about the price today we need a regulated market. I am waiting for a $4000 entry again.
I have to disagree with that. A regulated market won't rocket Bitcoin to the sky. It is all about supply and demand, accumulation & distribution
As you are probably used to, Bitcoin moves in waves, in very volatile waves to be exact, but after every halvening it got multiple fold more valuable. We have reached the 18 million bitcoins mined mark and according to Chain Analysis research ~4 million BTC is lost or likely lost. Statistics show that there are 36M millionaires in the world. Divide that by 21M total bitcoin supply and get the price if each one of those millionaires only wanted 1 BTC.
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