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Topic: Current Bitcoin Price prediction (Read 614 times)

newbie
Activity: 84
Merit: 0
March 20, 2019, 02:36:04 PM
#60
I still believe that my predictions about the current price of bitcoin will go up, but it's not so certain about how long this will last. if we look at it from the graph, there are some improvements, albeit slowly.
I think bitcoin will go up too, it matters how many people use bitcoin if more people start using bitcoin then it will increase.
legendary
Activity: 1554
Merit: 1054
March 20, 2019, 02:21:39 PM
#59
I do see people are blaming ICO's for no true reason, look at the math when the ICO deals were getting done and everyone was getting funded left and right we had a high bitcoin, we say that because ICO's didn't made profit the bitcoin price went down but maybe the ICO's were not getting funded because Bitcoin went down? Maybe the blame is not on ICO but vice versa?

If we could manage to make this STO and IEO and all that stuff hyped again and we can get new money coming into bitcoin again that would increase the total volume of crypto currency market and that could result with all green days for us and a new bull run. We should aim at bringing more money into crypto and since bitcoin has been around for a decade now, new coins that are coming up could be one way to bring all that new money in.
copper member
Activity: 294
Merit: 0
March 20, 2019, 07:17:39 AM
#58
I think the price of bitcoin at this time has also started to increase, so I'm sure the predictions of bitcoin prices in the future will also be stable again, because now the price of bitcoin has also improved better.
hero member
Activity: 2604
Merit: 816
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March 20, 2019, 07:14:42 AM
#57
Anything could happen to bitcoin and as long as there is a buy and sell order, the price will always up and down. But for the price prediction, it still hard to say because we don't know what will happen in the next days. Maybe if we take a look closer, we can see there is a sign that will show to us where bitcoin price wants to move. Once again, we could only buy low and sell high and try to make a profit. But I don't want to see bitcoin will go lower than $3200 although the chance to go that number still there.
I for one don’t think there is any possibility of bitcoin going lower to $3200 and my reason for this is because practically, most investors that has pumped huge sum of money in bitcoin are basically still holding their coin now and not willing to pull it out till they experience major bull run, most of the fluctuations we are presently seeing now is as a result of trader’s activities which the percentage of traders actually in the market is still low compared to the ones doing more of holding, so what I expect us to be experiencing for a while is price fluctuating between $3800 and $4200 till it takes another bull trend.

I hope that it will not happen in this year and the future because I think we already reach the bottom of bitcoin before the halving happens and we are in the way to increase the price to a new price. We see that since a few days ago, the price is up and down in that price and I guess that is the best price to trade, and with buying low and sell high, I am sure that we could expect to make a profit.
legendary
Activity: 2100
Merit: 1058
March 20, 2019, 04:02:37 AM
#56
I think that such a scenario is possible, in which the situation on the cryptocurrency market will remain uncertain for a relatively long time. Thus, bitcoin can for quite a long time be kept in some corridor, for example, between $ 3,500 and $ 5,000, and they will not give it any opportunity to go beyond this corridor. This is also possible.
Now it looks pretty good, in my opinion we have got a good thing right now because the majority of Crypto's prices are increasing well.
We just need to maintain price stability by using crypto far more instinctively. This kind of thing is an obligation because we support crypto to the full.
We do hope it also followed the trend of 2017/2018 whereby bitcoin consolidated for a very long time forcing virtually all altcoins in the market  to experience sudden and massive breakout in their value which benefited many people including me, so for now, I think  the main reason for increase in some crypto prices is because of investment being done this period of bearish market we are in, more investment will be done till bitcoin finish consolidating and taking steps towards its bull run.
copper member
Activity: 310
Merit: 0
March 19, 2019, 01:42:59 PM
#55
I think that such a scenario is possible, in which the situation on the cryptocurrency market will remain uncertain for a relatively long time. Thus, bitcoin can for quite a long time be kept in some corridor, for example, between $ 3,500 and $ 5,000, and they will not give it any opportunity to go beyond this corridor. This is also possible.
Now it looks pretty good, in my opinion we have got a good thing right now because the majority of Crypto's prices are increasing well.
We just need to maintain price stability by using crypto far more instinctively. This kind of thing is an obligation because we support crypto to the full.

It help raise the price of btc without the future exchanges coming into the market to short btc
copper member
Activity: 310
Merit: 0
March 19, 2019, 01:42:18 PM
#54
I think that such a scenario is possible, in which the situation on the cryptocurrency market will remain uncertain for a relatively long time. Thus, bitcoin can for quite a long time be kept in some corridor, for example, between $ 3,500 and $ 5,000, and they will not give it any opportunity to go beyond this corridor. This is also possible.
Now it looks pretty good, in my opinion we have got a good thing right now because the majority of Crypto's prices are increasing well.
We just need to maintain price stability by using crypto far more instinctively. This kind of thing is an obligation because we support crypto to the full.

there is just another altcoin wave coming our way only because bitcoin has not been profitable since its price is staying the same without any movement. i wouldn't really call that a good thing. we have seeing altcoins that suddenly go up twice or three times their value these days for no reason!

I think alt coins need a little retrace before another run up. The greed radar is getting up there https://alternative.me/crypto/fear-and-greed-index/
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 19, 2019, 05:47:49 AM
#53
I think that such a scenario is possible, in which the situation on the cryptocurrency market will remain uncertain for a relatively long time. Thus, bitcoin can for quite a long time be kept in some corridor, for example, between $ 3,500 and $ 5,000, and they will not give it any opportunity to go beyond this corridor. This is also possible.
Now it looks pretty good, in my opinion we have got a good thing right now because the majority of Crypto's prices are increasing well.
We just need to maintain price stability by using crypto far more instinctively. This kind of thing is an obligation because we support crypto to the full.

there is just another altcoin wave coming our way only because bitcoin has not been profitable since its price is staying the same without any movement. i wouldn't really call that a good thing. we have seeing altcoins that suddenly go up twice or three times their value these days for no reason!
legendary
Activity: 1414
Merit: 1001
March 19, 2019, 03:58:14 AM
#52
I think that such a scenario is possible, in which the situation on the cryptocurrency market will remain uncertain for a relatively long time. Thus, bitcoin can for quite a long time be kept in some corridor, for example, between $ 3,500 and $ 5,000, and they will not give it any opportunity to go beyond this corridor. This is also possible.
Now it looks pretty good, in my opinion we have got a good thing right now because the majority of Crypto's prices are increasing well.
We just need to maintain price stability by using crypto far more instinctively. This kind of thing is an obligation because we support crypto to the full.
sr. member
Activity: 1274
Merit: 263
March 19, 2019, 02:06:39 AM
#51
Current bitcoin value now is good and market now are happy again finally we hitted again $4000. My future prediction bitcoin price for this month when the end of March comes it will turn to $5000 and in the month April tje value is range at $5000-$10,000 and the next few months that's the tine the value become $10,000 plus until they recover the value and become $20,000 for the secobd time.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
March 18, 2019, 12:44:08 PM
#50
In these moments of the market that is at approximately $ 4k I find it very difficult to make a prediction, because the bitcoin plot shows a small correction without volume support, which may indicate that it may continue to rise.

Of course it is not a prediction, but since many orders are being executed, what is more logical is that it can go up a little more, so that it can test new levels of supply, as established by Wyckoff's theory. preparing a bullish movement for many people to enter the market. Another reason why I do not dare, is because these movements that you can be thinking about doing, can result in a bullish trap, because the stage of accumulation is very valid to do so.

However, the news has not been very relevant, but many assure that it can rise and with more force, for now what I have considered before predicting is to be able to wait for an important movement to be able to react to the market.
member
Activity: 548
Merit: 12
March 18, 2019, 12:22:10 PM
#49
I still believe that my predictions about the current price of bitcoin will go up, but it's not so certain about how long this will last. if we look at it from the graph, there are some improvements, albeit slowly.
STT
legendary
Activity: 4102
Merit: 1454
March 16, 2019, 11:46:28 PM
#48
Why do you use the 8 ema? Why not the 9 or 11?

Actually its just the simple moving average, blue set to 50 and other line would be 200.   Works fine for daily bars and on 4hr, this would work out to be roughly 8 days worth of  pricing.     No strict rule here just serves to show a rough idea of momentum trading on that week.
I've noticed we tend have positive and negative phases above and below that level.   Right now its quite uncertain and passing through this average would giving any great significance.

The 50 and 200 day average is far more widely observed and noticable in its reaction.  I just quoted the 8 day as an idea to how strong movement seems to be, its actually back above now without any fuss or great movement
hero member
Activity: 2660
Merit: 551
March 16, 2019, 04:46:08 AM
#47
I think this year's prediction for bitcoin prices will also be more stable, because now the price of bitcoin this month is also starting to increase, so I think in a short time the price of bitcoin will soar higher.
Yes, the price of BTC will really increase this year at least close to 6k bench mark or a little bit above 6k before it continue on its part of stability which for a while now, bitcoin has actually been has been more relatively stable looking at its history in the time past. It will be very stable this year that even the actions of the whales cannot force it down bearish market again except trader whales will will only cause little fluctuation sometime and not forcing it deep again.

I guess we need everything in stride, let's go for $4500-$5k and see how it holds before we can talk about the $6k mark. Bitcoin has been in roller coaster ride or trading sideways since November so it makes sense if we should only see small spikes along the way. I'm not a fan of a sudden rise because we all know what could happened next, another massive drop.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
March 16, 2019, 03:38:44 AM
#46
I think this year's prediction for bitcoin prices will also be more stable, because now the price of bitcoin this month is also starting to increase, so I think in a short time the price of bitcoin will soar higher.
Yes, the price of BTC will really increase this year at least close to 6k bench mark or a little bit above 6k before it continue on its part of stability which for a while now, bitcoin has actually been has been more relatively stable looking at its history in the time past. It will be very stable this year that even the actions of the whales cannot force it down bearish market again except trader whales will will only cause little fluctuation sometime and not forcing it deep again.
copper member
Activity: 310
Merit: 0
March 14, 2019, 12:22:35 PM
#45
If its below the 21 daily ema I expect a drop to 3500 and lower.

What are your thoughts and predictions.

Its hard to predict anything at the moment except sideways is the trend which means we pass through these predictions and its quite likely nothing happens, at least immediately thats the case.

My take is we are out of an immediate bullish scenario, losing 8 day average -



Why do you use the 8 ema? Why not the 9 or 11?
legendary
Activity: 1526
Merit: 1001
March 14, 2019, 07:19:24 AM
#44
The price of Bitcoin at this time looks pretty stable, there isn't much change. This is a pretty good phase because the initial capital to create a strength in the economic system is to be able to maintain stability. With the more stable Bitcoin prices, it will be able to foster public trust in Bitcoin. I am optimistic that there will be a dramatic change in the future, stability at this time will make a very good price increase in the future.
STT
legendary
Activity: 4102
Merit: 1454
March 14, 2019, 05:28:20 AM
#43
If its below the 21 daily ema I expect a drop to 3500 and lower.

What are your thoughts and predictions.

Its hard to predict anything at the moment except sideways is the trend which means we pass through these predictions and its quite likely nothing happens, at least immediately thats the case.

My take is we are out of an immediate bullish scenario, losing 8 day average -

sr. member
Activity: 2016
Merit: 283
March 14, 2019, 05:21:45 AM
#42
My bitcoin price prediction right now after this week the value of the bitcoin is more than $4000 because right now the value of the bitcoin is $3900 and Im still waiting to increasw more for sure a lot of people waiting and excited again to see $4k obly little push we need and we Can do this again.
yes its very close to 4k but we are not sure if on this month there's a high chance it will step forward again and will reach the next high value. because market at this moment still have very low potential. For me theres a potential but probably soon month of may like what other predictions which is up to 5k value.   .
legendary
Activity: 3052
Merit: 1188
March 14, 2019, 01:24:29 AM
#41
Anything could happen to bitcoin and as long as there is a buy and sell order, the price will always up and down. But for the price prediction, it still hard to say because we don't know what will happen in the next days. Maybe if we take a look closer, we can see there is a sign that will show to us where bitcoin price wants to move. Once again, we could only buy low and sell high and try to make a profit. But I don't want to see bitcoin will go lower than $3200 although the chance to go that number still there.
I for one don’t think there is any possibility of bitcoin going lower to $3200 and my reason for this is because practically, most investors that has pumped huge sum of money in bitcoin are basically still holding their coin now and not willing to pull it out till they experience major bull run, most of the fluctuations we are presently seeing now is as a result of trader’s activities which the percentage of traders actually in the market is still low compared to the ones doing more of holding, so what I expect us to be experiencing for a while is price fluctuating between $3800 and $4200 till it takes another bull trend.
hero member
Activity: 1082
Merit: 502
March 13, 2019, 07:07:26 PM
#40
I think that such a scenario is possible, in which the situation on the cryptocurrency market will remain uncertain for a relatively long time. Thus, bitcoin can for quite a long time be kept in some corridor, for example, between $ 3,500 and $ 5,000, and they will not give it any opportunity to go beyond this corridor. This is also possible.
legendary
Activity: 1806
Merit: 1521
March 13, 2019, 03:59:09 PM
#39
No idea if you guys look at the funding rate for Bitmex, but looking at the recent funding rates:
https://www.bitmex.com/app/fundingHistory?start=0

It looks like its more negative than flat, which means there are many people who are either short or hedged.

I am guessing that since taxes are due in mid April, many people are hedging their Bitcoins to pay off their tax liabilites, basically similiar to what happened last year with the massive price crash and a recovery in late April 2018.

I've had my eye on that as well and I think you're right. Tax day is weighing heavily on my mind right now! I'm generating as much cash as I can from my other businesses to pay off my upcoming quarterly estimates so I can avoid selling any coins right now. If I didn't have enough cash flow at this moment I'd be selling coins to cover those payments though.

I'm still expecting an eventual leg up towards the $5K+ resistance area. The high shorts reinforce that idea. I plan to sell into that rally. Then I can finally take a well deserved vacation. Smiley
copper member
Activity: 310
Merit: 0
March 13, 2019, 03:40:18 PM
#38
Anything could happen to bitcoin and as long as there is a buy and sell order, the price will always up and down. But for the price prediction, it still hard to say because we don't know what will happen in the next days. Maybe if we take a look closer, we can see there is a sign that will show to us where bitcoin price wants to move. Once again, we could only buy low and sell high and try to make a profit. But I don't want to see bitcoin will go lower than $3200 although the chance to go that number still there.

Good points but I think btc could get under 2800 if we dont break 4k soon.
hero member
Activity: 2604
Merit: 816
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March 13, 2019, 04:17:57 AM
#37
Anything could happen to bitcoin and as long as there is a buy and sell order, the price will always up and down. But for the price prediction, it still hard to say because we don't know what will happen in the next days. Maybe if we take a look closer, we can see there is a sign that will show to us where bitcoin price wants to move. Once again, we could only buy low and sell high and try to make a profit. But I don't want to see bitcoin will go lower than $3200 although the chance to go that number still there.
hero member
Activity: 2310
Merit: 532
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March 13, 2019, 01:28:13 AM
#36
The long and short ratio is at parity now on Bitfinex and it's almost $500,000,000 worth of open interest on Bitmex. Looking at the funding rates it seems many people are shorting and hedging.

You need to be careful the next few days, when there is so much open interest usually it means at least a 5% move. Way too many contracts open on high leverage.

No idea which way it would go. Since everybody is bearish it will probably go up then.
If everyone is going short then logically market makers will push prices higher. The bearish trend made a bias on the trader's mind and this bias doesn't let traders to go long. I expect 4500$ after trend reversal.
I don't find any form of trend reversal at the earliest. The market is predicted to make a gradual growth without steep pumps. The price could reach $4200, as that happened with the previous pumping. This doesn't assure with a bearish trend beginning, but gives assurance of growth reaching at least $6000 in the short run.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 13, 2019, 01:15:50 AM
#35
The long and short ratio is at parity now on Bitfinex and it's almost $500,000,000 worth of open interest on Bitmex. Looking at the funding rates it seems many people are shorting and hedging.

You need to be careful the next few days, when there is so much open interest usually it means at least a 5% move. Way too many contracts open on high leverage.

No idea which way it would go. Since everybody is bearish it will probably go up then.
If everyone is going short then logically market makers will push prices higher. The bearish trend made a bias on the trader's mind and this bias doesn't let traders to go long. I expect 4500$ after trend reversal.
legendary
Activity: 3808
Merit: 1723
March 13, 2019, 12:40:07 AM
#34
The long and short ratio is at parity now on Bitfinex and it's almost $500,000,000 worth of open interest on Bitmex. Looking at the funding rates it seems many people are shorting and hedging.

You need to be careful the next few days, when there is so much open interest usually it means at least a 5% move. Way too many contracts open on high leverage.

No idea which way it would go. Since everybody is bearish it will probably go up then.
hero member
Activity: 2716
Merit: 552
March 12, 2019, 06:12:43 PM
#33
My bitcoin price prediction right now after this week the value of the bitcoin is more than $4000 because right now the value of the bitcoin is $3900 and Im still waiting to increasw more for sure a lot of people waiting and excited again to see $4k obly little push we need and we Can do this again.

I dont think it will go beyond $4k this week. If you can see the activity of Bitcoin price, it goes like a roller coaster ride. Theres a difficulty in reaching that mark, and I dont see any good news that could trigger the price to pump even just a little. Pretty sure the price would still be the same until next week or the remaining days of March
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 12, 2019, 05:51:17 PM
#32
Maybe now we have to start accepting bitcoin growth realistically, because it's almost waiting for more than a year what has been predicted so far will prove the growth of bitcoin. even if there will be growth it might not be too high, actually at the moment I see bitcoin in a fairly stable situation. maybe my prediction of the end of year movement will start in Q2 will change, but until the end of the year it will not be more than $ 5K.
copper member
Activity: 310
Merit: 0
March 12, 2019, 04:42:10 PM
#31
Drop to this $3500 or below is still very possible and it might not happen this week.  I see a strong support at $3700 and another strong resistance around $4200 area and if bitcoin can break above that level it might be heading up and if it pull back I think it might go below $3200.
Seems you are contradicting your self dude, I agree with you about the support level around $3700 but I don't think there will be any further decline in the Bitcoin value below $3200 soon next as you predicted above.
How is he contradicting himself? His English isn't perfect, but what he wrote makes perfect sense. In fact, it's probably one of the safest predictions to come up with at this point.

We won't be hovering around the same levels for much longer than a couple of weeks. We're very close to test the main descending resistance line that caused the price to continuously reach lower lows for over a year now.

We'll either pump straight to $5000 in case of a positive break, or retest the previous low of ~$3150. Obviously, I prefer the first option, but the ascending resistance has been an unbreakable barrier so far.

thanks for backing me up homie.
legendary
Activity: 1526
Merit: 1179
March 11, 2019, 06:34:57 PM
#30
Drop to this $3500 or below is still very possible and it might not happen this week.  I see a strong support at $3700 and another strong resistance around $4200 area and if bitcoin can break above that level it might be heading up and if it pull back I think it might go below $3200.
Seems you are contradicting your self dude, I agree with you about the support level around $3700 but I don't think there will be any further decline in the Bitcoin value below $3200 soon next as you predicted above.
How is he contradicting himself? His English isn't perfect, but what he wrote makes perfect sense. In fact, it's probably one of the safest predictions to come up with at this point.

We won't be hovering around the same levels for much longer than a couple of weeks. We're very close to test the main descending resistance line that caused the price to continuously reach lower lows for over a year now.

We'll either pump straight to $5000 in case of a positive break, or retest the previous low of ~$3150. Obviously, I prefer the first option, but the ascending resistance has been an unbreakable barrier so far.
hero member
Activity: 1694
Merit: 502
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March 11, 2019, 05:39:24 PM
#29
Last 5 days growth indicates to have a small pump in either tomorrow or in 3 days. We can expect around 150 dollars growth crossing $4000 minimum. Same growth ratio can be seen in ithe top currencies as well inclusing XRP as well.
Its a short term prediction, we should look further. Can we say that this year bitcoin price is stable, it has some range and we dont have big drops, but we dont have big raises either. This is good I think, like when I joined cryptocurrencies, prices just had one zero less, I will use this time to accumulate as much as I can before price starts to rise again. Not just bitcoin, some other cryptocurrencies will rise a lot too, we just need to have right investments now, to pick some good and promising coins and wait, doesnt sound so hard.
full member
Activity: 826
Merit: 111
March 11, 2019, 03:54:20 PM
#28
Last 5 days growth indicates to have a small pump in either tomorrow or in 3 days. We can expect around 150 dollars growth crossing $4000 minimum. Same growth ratio can be seen in ithe top currencies as well inclusing XRP as well.
full member
Activity: 770
Merit: 126
March 11, 2019, 02:52:36 PM
#27
Drop to this $3500 or below is still very possible and it might not happen this week.  I see a strong support at $3700 and another strong resistance around $4200 area and if bitcoin can break above that level it might be heading up and if it pull back I think it might go below $3200.
Seems you are contradicting your self dude, I agree with you about the support level around $3700 but I don't think there will be any further decline in the Bitcoin value below $3200 soon next as you predicted above.
sr. member
Activity: 882
Merit: 269
March 11, 2019, 02:32:29 PM
#26
Drop to this $3500 or below is still very possible and it might not happen this week.  I see a strong support at $3700 and another strong resistance around $4200 area and if bitcoin can break above that level it might be heading up and if it pull back I think it might go below $3200.
full member
Activity: 1064
Merit: 112
March 11, 2019, 10:45:19 AM
#25
There are some news now that saying bitcoin price has a potential to reach 5000$ on this month of may.  wherein in my opinion definitely yes that it has a possibility also because surely that time market already have a full support again to make another correction of price . In fact it's enough time actually to regain all strength that have lost after the sudden fluctuation . So i agree soon bull will stand agan no doubts!
legendary
Activity: 1245
Merit: 1004
March 11, 2019, 10:09:47 AM
#24
Well, just like I have commented on other thread concerning this price prediction for bitcoin, I still maintain my position that it is quite still early to really know the direction the market will take but what I am quite sure of for now is that all minds should be totally out of that believe that the bull run everyone is waiting for will be this year.

Lots of facts and analysis available for us to pick from the internet which your own analysis too as said it all but I can categorically say too that the bottom we should all be expecting bitcoin to stabilize on for a while is 4200.

Bearish markets exceed 15 month. Peak has been that far in history. Worst case screnario would be touching former ATH resistance line as a new support line, speaking 1300$
At 1500$ it's a safe buy. Today, it still isn't.
hero member
Activity: 1834
Merit: 523
March 11, 2019, 10:06:16 AM
#23
My bitcoin price prediction right now after this week the value of the bitcoin is more than $4000 because right now the value of the bitcoin is $3900 and Im still waiting to increasw more for sure a lot of people waiting and excited again to see $4k obly little push we need and we Can do this again.
hero member
Activity: 840
Merit: 516
March 11, 2019, 08:57:41 AM
#22
Well, just like I have commented on other thread concerning this price prediction for bitcoin, I still maintain my position that it is quite still early to really know the direction the market will take but what I am quite sure of for now is that all minds should be totally out of that believe that the bull run everyone is waiting for will be this year.

Lots of facts and analysis available for us to pick from the internet which your own analysis too as said it all but I can categorically say too that the bottom we should all be expecting bitcoin to stabilize on for a while is 4200.
legendary
Activity: 1652
Merit: 1265
March 11, 2019, 03:55:35 AM
#21
Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up Smiley

Indeed. But in which price are they going to? I have a feeling that they want to get out on the way up but this is going to be way way up. Many people bought their crypto when we where near ATH due to fomo etc. so I don't think there is a change to get out earlier before at least reaching the level of the price where they first made the purchase.

As a lot of people are deep in debt or have little or no money reserves. They will feel the need to sell on the way up to pay for things.
Also you have the FOMO principle on the way up.... They will be evaluating : Sell or risk the price dipping again and losing more...
They don't think like "Whoaaa let's just forget about it for 3 years and cash big bucks"

Only a small portion will hold until they get to $20k. So at least up to $20k we will hit pockets of resistance.
member
Activity: 980
Merit: 62
March 11, 2019, 03:44:49 AM
#20
Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up Smiley

Indeed. But in which price are they going to? I have a feeling that they want to get out on the way up but this is going to be way way up. Many people bought their crypto when we where near ATH due to fomo etc. so I don't think there is a change to get out earlier before at least reaching the level of the price where they first made the purchase.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
March 11, 2019, 02:08:37 AM
#19
Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up Smiley

true but we also have a queue of people that want to get in at the bottom but scared because they think this (or the lowest price got that was around $3200) is not the bottom. these people would want to jump on board as the rising signals start showing themselves Smiley

remember that it only takes a small rise for all hell to break loose and we see one of those famous green candles worth $2000 on the chart...
legendary
Activity: 3808
Merit: 1723
March 11, 2019, 12:53:54 AM
#18
No idea if you guys look at the funding rate for Bitmex, but looking at the recent funding rates:
https://www.bitmex.com/app/fundingHistory?start=0

It looks like its more negative than flat, which means there are many people who are either short or hedged.

I am guessing that since taxes are due in mid April, many people are hedging their Bitcoins to pay off their tax liabilites, basically similiar to what happened last year with the massive price crash and a recovery in late April 2018.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
March 11, 2019, 12:03:02 AM
#17
Gladly to see bitcoin price can break $4000 lol although it's not too high but I am sure that the price can go higher because I see that the line still moving to go up. I hope that this week will gives us a fortune to make another profit and I wish that profit will bigger than before.
I predict that in this month, we are going to reach $4500-$5000 but I don't know if it could happen or not because that is only my prediction which can be wrong.
hero member
Activity: 1666
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March 10, 2019, 06:14:20 AM
#16
Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up. However much has been shown we have momentum going up at the moment and think we could reach 4300 resistance. I do not trade smaller time frames but trade in time cycles not price cycles.

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.

What are your thoughts and predictions.

You're right in not assuming that prices will go up from this stage - because it's not guaranteed to. A lot of people here are already saying how bitcoin will go to 5 or 6 figures within a year. To me, the recovery hasn't even started yet.

But, you've also got to acknowledge the fact that we are very close to the bottom, if not already rebounded from the bottom. We're already nearly one and a half years removed from the ATH, which is similar to the amount of time that it took for the 2014-15 bear market to start recovering.

While looking at past performance is certainly not a definitive future indicator for price movement, it certainly gives a rough, macro image of where we are at right now due to the cyclical nature of bitcoin prices. I don't think that prices will go down that much further, even if dips persist which I find highly unlikely, because there are many adopters that entered at the peak, as well as the institutions that entered during the bear market that will be interested in buying coins at lower levels.
legendary
Activity: 3038
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March 09, 2019, 01:02:17 PM
#15
Don't expect the price to reach unexpected levels going into $4300 USD in just a nic of time is very impossible, did you see the way bitcoin goes to $4000 mark unexpectedly but has a super slow pace moving towards it, I say it can still happen but this year will not be a bullish one, That is sadly I see the movement will become, But if you are trading not because of price but with time then expect a low volatility this year, resistance will still be in the midst of the movement and taking the $4300 mark like you said can take quite some time to reach,
hero member
Activity: 2842
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March 09, 2019, 11:23:01 AM
#14
Basically I was thinking the $3900 area would be the recent top since it was the last weeks high and it struggled a few times to break above.

However the dump we had a few hours ago was quickly bought up, very quickly in fact. Which leads me to believe we might be testing the $4000-$4200 area next.

I would like to see the $4200 area break with good volume and then we can safety say that we "might" of seen the bottom.

I'm not sure if we could say that we have seen the bottom if we broke that $4200 mental barrier again.

That what my thought a few weeks ago, we marches toward $4200 but what a dump soon after. We hope this time if ever we hit it again, at least be sustainable, but I wouldn't be surprised if those speculators 'bot' put another selling pressure and cause the momentum to stop and we are back to the square one again.
full member
Activity: 1736
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March 09, 2019, 10:18:53 AM
#13
Basically I was thinking the $3900 area would be the recent top since it was the last weeks high and it struggled a few times to break above.

However the dump we had a few hours ago was quickly bought up, very quickly in fact. Which leads me to believe we might be testing the $4000-$4200 area next.

I would like to see the $4200 area break with good volume and then we can safety say that we "might" of seen the bottom.

You are right in your view. The $4000 mark and text has been difficult to overcome. I hope that when it text that mark again, we are going to have a break to gradual bull.
hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
March 09, 2019, 07:33:10 AM
#12
In the past, the Bitcoin Halvenings which occurred in 2012 and 2016 both saw a new all-time high in the price of bitcoin and the same is being predicted for 2020 as well. Analysts predict that the price of bitcoin will likely start rising massively at least 6 to 8 months before halvening actually happens. and this year 2019 will definitely increase.

I hope so, but there is no chance for us to know how much the price can increase. I guess that if the rewards of mining reduce, it will make the price will increase higher and maybe it will more than $20k because the last time higher, the reward is reduced too so the chance for us to see a very higher price is on there. I am curious about that and I still waiting with patience because I believe that bitcoin will give big rewards to us.
legendary
Activity: 3808
Merit: 1723
March 09, 2019, 02:09:28 AM
#11
Basically I was thinking the $3900 area would be the recent top since it was the last weeks high and it struggled a few times to break above.

However the dump we had a few hours ago was quickly bought up, very quickly in fact. Which leads me to believe we might be testing the $4000-$4200 area next.

I would like to see the $4200 area break with good volume and then we can safety say that we "might" of seen the bottom.
member
Activity: 434
Merit: 10
March 08, 2019, 10:46:05 PM
#10
In the past, the Bitcoin Halvenings which occurred in 2012 and 2016 both saw a new all-time high in the price of bitcoin and the same is being predicted for 2020 as well. Analysts predict that the price of bitcoin will likely start rising massively at least 6 to 8 months before halvening actually happens. and this year 2019 will definitely increase.
copper member
Activity: 310
Merit: 0
March 08, 2019, 05:39:58 PM
#9
What are your thoughts and predictions.

Did you see what happened when the price fell to 3100? all news channels were saying that the price would fall to $ 2500 and that was the bottom. many guys who consider themselves "experts" say the same thing. and we all saw what happened next, the price went up and today is at $ 3900. This is a very difficult market to predict.

Trading is difficult in general my guy
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
March 08, 2019, 05:38:09 PM
#8
What are your thoughts and predictions.

Did you see what happened when the price fell to 3100? all news channels were saying that the price would fall to $ 2500 and that was the bottom. many guys who consider themselves "experts" say the same thing. and we all saw what happened next, the price went up and today is at $ 3900. This is a very difficult market to predict.
hero member
Activity: 980
Merit: 506
March 08, 2019, 12:13:07 PM
#7
All I know is that this year is a great year for Bitcoin price because we are going to see a moon in the price, though this moon is going to happen unexpectedly, this is how it's going to be, we might not see a significant growth in the first quarter of the year but Btc will get back to the $4000 range and stay there for a while, then in the 3rd quarter of the year we would see an increase to about $6000 and then $8000 in the last quarter of the year.
sr. member
Activity: 714
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March 08, 2019, 12:00:27 PM
#6
Bitcoin had quite a difficult passing $4,000 mark. I think the new break will keep Bitcoin price above $4,000 this time!

https://crypto300.com/bitcoin-btc-price-watch-bullish-break-above-4000-looming/


Actually, few weeks ago the price of bitcoin already reach the price of $4000 but it not take too long. All of us are waiting to surpass the price of $4000 and supporting the price of bitcoin in the market might triggered to break the price at $3900. Still waiting to surpass the price of bitcoin at $3900.
copper member
Activity: 310
Merit: 0
March 08, 2019, 10:12:57 AM
#5
Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up.
your thoughts seem to be all over the place to the point where you even contradict yourself!
you already agree that the trend can not  continue forever and that it has gone on for over a year but yet you insist that it should go on more for some reason that you fail to explain!

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.
well people have been saying this for a very long time. i have been seeing this each time bitcoin stables starting from 2015 that i was around. and it never happens because it doesn't make any sense.

It makes perfect sense. bottom is not in. we are still in the consolidation zone with upward momentum. we have not broken our over year long trend... Not sure how you dont think it makes sense,
legendary
Activity: 1652
Merit: 1265
March 08, 2019, 04:53:53 AM
#4
Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up Smiley
full member
Activity: 602
Merit: 107
March 08, 2019, 03:28:59 AM
#4
Bitcoin had quite a difficult passing $4,000 mark. I think the new break will keep Bitcoin price above $4,000 this time!

https://crypto300.com/bitcoin-btc-price-watch-bullish-break-above-4000-looming/

member
Activity: 574
Merit: 10
March 08, 2019, 03:21:24 AM
#3
I think this year's prediction for bitcoin prices will also be more stable, because now the price of bitcoin this month is also starting to increase, so I think in a short time the price of bitcoin will soar higher.
legendary
Activity: 1946
Merit: 1137
March 08, 2019, 03:14:41 AM
#2
Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up.
your thoughts seem to be all over the place to the point where you even contradict yourself!
you already agree that the trend can not  continue forever and that it has gone on for over a year but yet you insist that it should go on more for some reason that you fail to explain!

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.
well people have been saying this for a very long time. i have been seeing this each time bitcoin stables starting from 2015 that i was around. and it never happens because it doesn't make any sense.
copper member
Activity: 310
Merit: 0
March 07, 2019, 02:16:14 PM
#1
Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up. However much has been shown we have momentum going up at the moment and think we could reach 4300 resistance. I do not trade smaller time frames but trade in time cycles not price cycles.

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.

What are your thoughts and predictions.
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