Topic: could it be the next scenario? (Read 765 times)
Well it looks like we forgot one important factor here, which is supply and demand. Obviously is there is more demand for bitcoin then the price could go up, regardless of what the graph or TA is saying. We shouldn't make things complicated, from the look of today's market, there are more demand, the volume is going up which make the price spike.
Yes, some levels of the chart appear to be possible. Of course, as this market has a volatile nature, some deviations may occur at specified times or times but I think the price levels mentioned are not overrated. Maybe it will be a little later, maybe a bit later, but the Bitcoin price will surely push the $ 50,000 limit in the coming period and will exceed this limit after a point.
Actually that might can happen. Maybe if a lot of people start to adopt bitcoin, and then get help from next halving event. It means demand will increased so do bitcoin price. Or maybe if good news keep coming bitcoin price can increased too.It may of course. The possibility is always there for any scenario. Though some ta's from specific traders tend to have bigger chances of hitting the closest to the outcome. I just wouldn't want to stick to any ta's for my trades since historically, i made better when i stick to my own game plan.
Its not impossible mate because you have to keep it on mind that its "Bitcoin" which got a supreme power to change the whole scenario anytime. As a crypto user I have my trust on BTC completely and the current situation is giving us signals for something big. Honestly no one can't say exactly about the upcoming scenario but we can hope that it will be on favor of crypto universe.
My self prediction about BTC isn't too far from your one but not expecting something over magical.
My self prediction about BTC isn't too far from your one but not expecting something over magical.
From what little I have learned from trading is that there are fractals and you can guide one with them, could it be the next scenario? ..... If so, 2019 is for purchase of BTC and Hodl
this chart look quite interesting because when will be lots of availability in this development so that its must have lots of options to make their trading field more a world with the buying of Bitcoin in today situation I hopefully it will be more developed at the end in the future of this year. Yes, some levels of the chart appear to be possible. Of course, as this market has a volatile nature, some deviations may occur at specified times or times but I think the price levels mentioned are not overrated. Maybe it will be a little later, maybe a bit later, but the Bitcoin price will surely push the $ 50,000 limit in the coming period and will exceed this limit after a point.
Actually that might can happen. Maybe if a lot of people start to adopt bitcoin, and then get help from next halving event. It means demand will increased so do bitcoin price. Or maybe if good news keep coming bitcoin price can increased too.It may of course. The possibility is always there for any scenario. Though some ta's from specific traders tend to have bigger chances of hitting the closest to the outcome. I just wouldn't want to stick to any ta's for my trades since historically, i made better when i stick to my own game plan.
I believe that technical analysis works, but in this situation I don’t really believe in such a scenario of price movement. Moreover, the market situation often changes and there are many external factors that affect the market. Moreover, it is difficult to predict how events will develop from a fundamental point of view. This can not be ignored because if regulators in different countries adopt a loyal to Bitcoin legislation, it is quite likely that by the end of 2019 we will already see new historical price highs. Or everything can only get worse if regulators begin to tighten their policies in relation to cryptocurrency.
Yes, some levels of the chart appear to be possible. Of course, as this market has a volatile nature, some deviations may occur at specified times or times but I think the price levels mentioned are not overrated. Maybe it will be a little later, maybe a bit later, but the Bitcoin price will surely push the $ 50,000 limit in the coming period and will exceed this limit after a point.
Actually that might can happen. Maybe if a lot of people start to adopt bitcoin, and then get help from next halving event. It means demand will increased so do bitcoin price. Or maybe if good news keep coming bitcoin price can increased too.
Yes, some levels of the chart appear to be possible. Of course, as this market has a volatile nature, some deviations may occur at specified times or times but I think the price levels mentioned are not overrated. Maybe it will be a little later, maybe a bit later, but the Bitcoin price will surely push the $ 50,000 limit in the coming period and will exceed this limit after a point.
This is a very bullish scenario and one I wouldn't mind coming true, I believe BTC will turn parabolic bull this year again around the end of it.
Anything is possible in the cryptocurrencies market, remember Bitcoin is a speculative asset. We cant trustfully to a technical analysis since it is just an indicator to help us, but cryptocurrencies always make us amazed so, any scenario has a chance to become true. One thing I know for sure is that Bitcoin and cryptocurrencies have a bright future.
For sure we are going to hit another bull run soon after seeing the market condition for the last few weeks,it breakout $3000 and keep going for the next resistance level probably there will be a huge psychological win if can reach $6000 in few months.
Everything is possible, especially on crypto market. So there is probability that your scenario could be realized.
Anything is possible in the cryptocurrencies market, remember Bitcoin is a speculative asset. We cant trustfully to a technical analysis since it is just an indicator to help us, but cryptocurrencies always make us amazed so, any scenario has a chance to become true. One thing I know for sure is that Bitcoin and cryptocurrencies have a bright future.
For sure we are going to hit another bull run soon after seeing the market condition for the last few weeks,it breakout $3000 and keep going for the next resistance level probably there will be a huge psychological win if can reach $6000 in few months.
It is possible to have such action in the future, but the certainty is very small. Because, bitcoin still could not live to fit the chart. It is still new and more likely that it will step out of the chart.
From what little I have learned from trading is that there are fractals and you can guide one with them, could it be the next scenario? ..... If so, 2019 is for purchase of BTC and Hodl
when seeing the previous development of Bitcoin the comparison between today and the previous thing will be same like that if you hold right now in this situation there will be a cute possibility of multipletimes of development in available. Anything is possible in the cryptocurrencies market, remember Bitcoin is a speculative asset. We cant trustfully to a technical analysis since it is just an indicator to help us, but cryptocurrencies always make us amazed so, any scenario has a chance to become true. One thing I know for sure is that Bitcoin and cryptocurrencies have a bright future.
For sure we are going to hit another bull run soon after seeing the market condition for the last few weeks,it breakout $3000 and keep going for the next resistance level probably there will be a huge psychological win if can reach $6000 in few months. 
From what little I have learned from trading is that there are fractals and you can guide one with them, could it be the next scenario? ..... If so, 2019 is for purchase of BTC and Hodl
http://i63.tinypic.com/a9tmhx.png
http://i63.tinypic.com/a9tmhx.png
I think it's not possible to have an accurate prediction like this on long term. It's already hard to predict what will happen to crypto currency market on short term, now imagine how hard it can be on long run. There are several events that will impact the market positively or negatively.
And sometimes there is no way to know what events are these until they happen!
Usually, long term predictions are very positive, their goal is to increase investors confidence and trust on the market, not necessarily to predict a real scenario.
Yes, it is the time of buying not only bitcoin but also some altcoins. And it is finally happening. Reading charts, drawing some lines that is possible resistance breakout and etc. is very important. Bullish trend is happening and I was glad that I bought some coins. At last, profits are coming on my way.
Buying bitcoin and holding them for years will be more profitable than any other investment plans.
You may be correct with this statement,but the major reason why most traders favor short term/active trade is lack of huge capitals to engage in long term tradeBecause in my opinion for one to make profits from long term hodling,you will have to use a substantial amount to purchase the coins,so at least a double of your investment price would be worthwhile for you
But with Little capital,it will be best to trade actively,probably arbitrage trading and rack up little profits overtime,as the ROI comes quickly,the little profits wouldn't matter that much
Anything is possible in the cryptocurrencies market, remember Bitcoin is a speculative asset. We cant trustfully to a technical analysis since it is just an indicator to help us, but cryptocurrencies always make us amazed so, any scenario has a chance to become true. One thing I know for sure is that Bitcoin and cryptocurrencies have a bright future.
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This year will be the best time to buy as much bitcoin as you can but you must know that you don't have to use all of your money to buy bitcoin because it still too risky, no one will know what happen with bitcoin later.
Everything comes with a risk, Bitcoin (from a non biased perspective) more than other assets, but we all want to have the best possible allocation of funds yielding the best returns. I honestly would say that investing in Bitcoin at this stage is less risky than investing in US stock with how they are screaming don't buy me. It's almost like how people thought it was a great time to buy the dip around $15,000 last year. Don't touch a falling knife.
If I was given the choice to pick a basket of US stocks worth $100,000 or a basket of Bitcoin worth $50,000 that I had to hold for 5 years straight without touching them, I would go for Bitcoin without having to think it through.
I would go for bitcoin too as you because I don't know anything about stocks, it's too risky and dangerous for me. We need to always search for the news because the stocks depend on what will go on in the country and the company. But for bitcoin, I don't mind to hold for 5 years or so because I believe that the price will increase higher in the future. I want to buy more and more bitcoin when the price is on the dip so it will be the best chance for everyone too.
Maybe I will wait until the price can reach down at $3000-$3300 or if the price can down less than $3k, then it will be the best time to buy bitcoin. This time we don't have much time to think about how much bitcoin price can get down because if we think like that, we can be too late to buy and we will miss the price.
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