Topic: can bitcoin reach 25k$ - page 7. (Read 2000 times)

BTC ANALYSIS 25/02/2018 - 04/03/2018

A. TECHNICAL ANALYSIS
I. WEEKLY ANALYSIS (W1)
1. Open last week at $ 10,399 and BTC quickly rose to the highest at $ 11,788 and quickly fell back to the lowest at $ 9280 and closed at $ 9583 (data from Bitfinex). ).
2. Trading volume increased sharply and prices fell sharply and created a rather bad candle for the uptrend.
3. Week candles can go in two logical directions: If the BTC goes in the same direction, we notice that for every green candlestick two red candles will appear next. So if BTC goes in this direction, this candle will close in the red color. If the logic is changed then the candle will go to a green candle with a red candle. However, as we observe candles and trading volumes, this week's probability of producing red candles is much higher.
The upper Bollinger closed down and the weekly candle closed below the Bollinger Bands after the previous week's candle-hold on the Bollinger Bands. So, if we consider Bollinger bands alone, Bollinger Bollinger Bollinger Bollinger Bollinger BTC can be sideways or down, and the market is not bright.
5. ADX is 32 and DI + is above DI- and DI + is 23. Therefore, if the uptrend is bullish, wait for the ADX to go below 20 and turn up, the trend will be strong. So, at this point the ADX waves are down so the rising waves can not go very well. As the red wave is weak, unless the ADX goes up again. On this time frame, the DI-wavelength is more beautiful than the DI + wave. It means that if the BTC is down, it will be easier to increase again.
6. Stoch is still down trend and 2 lines% K and% D are still far away, so it takes time for these two lines to cross or may continue to go down over 20. Buy pressure is still selling pressure on the BTC.
7. The MACD is down and the histograms are growing. Two lines of MACD have not crossed each other when the width is still very good and heading towards line 0. So, the trend on the weekly chart of the BTC is still under pressure.
8. MFI money flow after overbought area has quickly fallen and fell sharply to the current time only 47.5. Thus, the investor has quite a lot of discharge and trust in BTC is no longer as before.
9. Ichimoku continued to support the BTC's rally as prices remained on the Kumo cloud plus Chikou-span on the rack and Tenkan-sen remained on Kijun-sen despite the narrowing of the gap. If Tenkan-sen cuts down on Kijun-sen, disaster will likely occur with BTC. Therefore, we hope that BTC does not fall down strongly in the next few weeks if we do not want the whole market to fall into the difficult period of 2018.

II. DAILY ANALYSIS (D1)
1. Yesterday after opening at $ 9665 and quickly rising to $ 9840 and falling back to a low of $ 9280 and closing at $ 9583 (as recorded on Bitfinex).
2. With a moderate volume and a candle, Spinning top candle. Therefore, there is no side that predominates when BTC creates this type of candle.
3. On the chart Daily candlestick pattern is going logic 1 green candle 2 red candle and if the logic that the BTC today will be green again.
4. ADX is signaling that BTC will go sideways when all three lines are below 25.
5. Stoch still supported the uptrend and not yet overbought so the BTC is still supported.
The MACD is still supporting the uptrend as the MACD 2 line is still moving up support. The histogram is located above 0 and the cylinder is decreasing. Maybe BTC will continue to increase.
7. MFI has dropped to 45. Thus, the cash flow out of BTC pretty much when the BTC quickly reduced.
8. Considering the pricing model of BTC, I feel like BTC is looking to take the Head and Shouder model and the price is shaping the right shoulder.
9. Candle still closed on Bollinger bands so bullish trend is Bollinger bands support.
10. Considering the price model, BTC has not withdrawn the foot after adjustment. So, in my experience, it would be reasonable to take a Hammer candle or a Pinbar candle before it bounces back.
11. Ichimoku has not supported the rise of BTC. However, the Tenkan-sen is currently located on the Kijun-sen so there is still some extra power. Buying power was strongest when prices were around Kijun-sen at $ 8900.

B. SUPPORT AND RESISTANCE LEVELS
The resistance level is quite strong but the support level is quite weak.
I. Resistance: $ 10,700 - $ 11,400 - $ 11,600 - $ 13,300 - $ 15,750.
II. Support levels: $ 8212 - $ 8900 - $ 9570.

Of course it's  possible for bitcoin to reach $25 to 50000. Just remember how it climbed up to 20000 in no time. We are going to need only one good bull move and done! Anyways lightning network should be implemented as soon as possible.It's possible by the end of the year.

For the future bitcoin will reach the price of 25k, but the unpredictable is when bitcoin time will reach the price of 25k. Be patient in waiting and holding bitcoin, 25k price you will get.

Indeed prices will go higher than this. There may be some people who are continuously degrading bitcoins for such low prices now a days. I must say they need to understand what the facts and figures are every coming day. Bitcoins have survived such huge dip and now they are reviving themselves again with much charm and strength. May this keep going so huge that everyone get to know about this?

It is not impossible to reach the bitcoin of the value 25k$. Like nowadays, bitcoin is already have a good future investment because many investors is likely to invest in bitcoin. Bitcoins future has already a great marketing because of it potential in the cryptocurrency. Bitcoin already get what we desired price last year but we think in this year bitcoin will give us our desired prices too. Many adviser in bitcoin already invest it in bitcoin because many people already patronizing it.

I'm not an expert but i'm optimistic that bitcoin will reach $25k in the future. Recently i heard many news about bitcoin being accepted as a payment method in some merchants and institutions. I believe that once bitcoin gets mass adoption, the demand will be high which is causing the price rising.

answer this thread with the answer "Yes" if you want to get the BTC price up
but if you answered "No", then the BTC price will still go up
there is no choice but to buy it right now

It is actually possible but it will take time. There are speculations that bitcoin will reach more than that. Most of investors abd traders are confident about bitcoin because they trust bitcoin since it has proven and passed all the tests of time. It is possible by the end of the year. Let's expect the best and never doubt about it.

there's many speculation about bitcoin but I think that is possible to bitcoin to raise 25k$ in time.but for now don't expect to much in bitcoin that is only a speculation of other people..

Actually no more fixed date .but hope soon is possible. Definitely I went to say bitcoin price will moon. We are just see before year back to back bitcoin price pumping stable. I have confidence with bitcoin. Many good investor or trading people have depends to bitcoin. Increased bitcoin popularity day by day.So bitcoin price again going up 20k cross
Bitcoin technology will be improved to become swift and modern i agree with you.but why you don't confidence with bitcoin price.?
I just tell you, bitcoin price soon get up.

I can reach to that price but it will take time. As for now just accumulate on what we have today and keep on holding.

Just like any other types of investment no one knows what will be the highest price for bitcoin. Let's just pray that the price will continue to rise so that everyone will enjoy its benefits.

I don’t believe that Bitcoin within the years will rise in some times like somebody talk. But it will be transformed and modernized I suppose. Its technology must to be improved and to become more swift and modern.

There are many skeptics and negatives who do not think it's possible. I think it will exceed 25k.

I dont know why but i feel that bitcoin can reach 50k$ one thay...bitcoin must to be more organized and the people must trust it more and more because bitcoin is a revolution

Definitely possible for the bitcoin price to get to 25000$..... I believe its still the begininning of a new year... Has the year runs through, many transactions happening here and there, it will definitely affect the crypto market positively. If not by the mid year... before last quarter of the year, bitcoin can hit 25k... who knows, mayne even more. Fingers crossed

I think so. But even experts can't make an accurate answer since no one can predict the future, only estimate the possiblility of it increasing to a certain amount. Experts will probably tell you that it will return to $25,000 at around 2 months time. But I guess we can say that it is an accurate answer.

Definitely bitcoin can go as high as $25k. I expect it to go even up to $40k.

I am very confident and believe bitcoin will continue to increase until it reaches $25 k even more than on that possibility pad numbers could reach $35 k at the end of this year because I see bitcoin have recovered from rising after falling from a couple of days ago then this is the time that bitcoin rose slowly-but surely land to occupy the top position

Right now, the demand looks extremely weak, with Bitcoin struggling to stay above the $10K mark. We need a major boost from some of the important markets, and if a Bitcoin-based ETF gets approved by the SEC, it will serve this purpose. But still it is not all doom and gloom, as the exchange rates are still around 10x higher than the same one year ago.