it won't happen either one of those ways. instead there will be lots of ups and downs with some unpredictable actions in the market like sudden rises or sudden dumps where whales and bots go badshit crazy and then we will see the rise. and by then you most probably wouldn't be able to blink without missing a certain percentage rise.
i wouldn't be surprised if in a couple of weeks from now i wake up every morning to a new higher price.
Topic: ??? DECISION TIME FOR BITCOIN?!?! 4k or 3.5k?!?! ??? - page 2. (Read 16009 times)
My opinion is that there is a fairly high probability that over the next few weeks, Bitcoin may drop in price somewhere up to the level of 3600 or so, but after that the growth will continue and the price will have to rise above $ 4,500. I expect this to happen within a month and a half.
Hard to reach $4k now but in a matter of time we will.
The price could go back to $3,500 so either way it's possible, but the way I see it, the price has been bullish lately, so I'm with the uptrend of $4K.
Actually short term is not a big deal to me, I am for longer term so its just okay if the price will be played at that range but I'm confident we will break that soon.
The price could go back to $3,500 so either way it's possible, but the way I see it, the price has been bullish lately, so I'm with the uptrend of $4K.
Actually short term is not a big deal to me, I am for longer term so its just okay if the price will be played at that range but I'm confident we will break that soon.
I mean we are closer to the bottom than the top so scaling down would not be a bad idea. If we reach new lows I would probably use leverage for longer term trades.
Hard to reach $4k now but in a matter of time we will.
The price could go back to $3,500 so either way it's possible, but the way I see it, the price has been bullish lately, so I'm with the uptrend of $4K.
Actually short term is not a big deal to me, I am for longer term so its just okay if the price will be played at that range but I'm confident we will break that soon.
The price could go back to $3,500 so either way it's possible, but the way I see it, the price has been bullish lately, so I'm with the uptrend of $4K.
Actually short term is not a big deal to me, I am for longer term so its just okay if the price will be played at that range but I'm confident we will break that soon.
People should not push too hard to let the bullish trend to come because at the end of the day only the whales can gain a profit from them because they can easily manipulate the market and we can't do anything about it.
I think we have seen the bottom before and we are still here on a stable state of Bitcoin where it stays at this current price for weeks. We may conclude that the resistance is $4k but so far the price is not even touching on that for a week except to the last bull trap last month.
In time we don’t need to make any rush in the market because the bull run will finally come. Bitcoin is always pumping and trying to go beyond $4k level but its hard for a market where manipulators are very active. I think we need to have patience, because we are near at $4k level and we can actually beat that in the future. I think we have seen the bottom before and we are still here on a stable state of Bitcoin where it stays at this current price for weeks. We may conclude that the resistance is $4k but so far the price is not even touching on that for a week except to the last bull trap last month.
Presently now bitcoin is on 3840+ usd which is gradually moving toward the 4k resistance as stated by you which I am also in agreement with but I see it breaking the resistance this coming week and tend toward making 4200 its bottom which will be steal for a while before trying to test the 5k and breaking forth to 6k and finally back to 4800 for the rest of this year.
I see the bull run next year and not this year again except something exceptional beyond analysis happens since market cannot be 100% predicted.
I see the bull run next year and not this year again except something exceptional beyond analysis happens since market cannot be 100% predicted.
I agree 1000%. I expect the bull run to can next year and not this one. I hate when people think that this year bitcoin is going to reach a new ATH due to the decline that happened last year.
2019 will be still a corrective year where only the true believers of the blockchain technology will stay. I see there are a lot of people on their way out to sell when the price will have some gains.
I agree also. good points
People should not push too hard to let the bullish trend to come because at the end of the day only the whales can gain a profit from them because they can easily manipulate the market and we can't do anything about it.
I think we have seen the bottom before and we are still here on a stable state of Bitcoin where it stays at this current price for weeks. We may conclude that the resistance is $4k but so far the price is not even touching on that for a week except to the last bull trap last month.
I think we have seen the bottom before and we are still here on a stable state of Bitcoin where it stays at this current price for weeks. We may conclude that the resistance is $4k but so far the price is not even touching on that for a week except to the last bull trap last month.
At this moment the value of the bitxoin is $3866 and it is near to the value of $4000 and I don't think it will turn to the value of $3500 because market now is quiet stable and increase slowly but a little only and Im still waiting for the bitcoin to hitted again $4000 before wnd of this week.
Presently now bitcoin is on 3840+ usd which is gradually moving toward the 4k resistance as stated by you which I am also in agreement with but I see it breaking the resistance this coming week and tend toward making 4200 its bottom which will be steal for a while before trying to test the 5k and breaking forth to 6k and finally back to 4800 for the rest of this year.
I see the bull run next year and not this year again except something exceptional beyond analysis happens since market cannot be 100% predicted.
I see the bull run next year and not this year again except something exceptional beyond analysis happens since market cannot be 100% predicted.
I agree 1000%. I expect the bull run to can next year and not this one. I hate when people think that this year bitcoin is going to reach a new ATH due to the decline that happened last year.
2019 will be still a corrective year where only the true believers of the blockchain technology will stay. I see there are a lot of people on their way out to sell when the price will have some gains.
Presently now bitcoin is on 3840+ usd which is gradually moving toward the 4k resistance as stated by you which I am also in agreement with but I see it breaking the resistance this coming week and tend toward making 4200 its bottom which will be steal for a while before trying to test the 5k and breaking forth to 6k and finally back to 4800 for the rest of this year.
I see the bull run next year and not this year again except something exceptional beyond analysis happens since market cannot be 100% predicted.
I see the bull run next year and not this year again except something exceptional beyond analysis happens since market cannot be 100% predicted.
The price can always go to the $4000 USD mark and can make a sudden pump even higher than that but I don't really think that this is a sign or an indication for a bull movement And because I believe we are not seeing the true bottom for the price of bitcoin, there is a lot happen and we still experiencing low volatileness from the price of bitcoin, And in my opinion the bearish market this year still continues, That is just my speculation and will not gonna handle any other prediction because of unpredictability that may happen to the market this year.
the price always move around 3500 usd to 4000 usd, I think it is a base of bitcoin. Hope that 2019 bitcoin will not fall lower than 3500 usd. 
Well we are closer to 4 thousand dollars most of the time which could be taken as a decision if you believe that sort of thing. I mean if you think bitcoin has to make a decision between 3.5 thousand dollars or 4 thousand dollars that means you must be brand new to bitcoin.
It can literally go between 3.5 thousand dollars and 4 thousand dollars 100 more times up and down up and down and it wouldn't matter, bitcoin is a volatile thing and it going up and down is nothing major for us because we are used to it by now. However, if you really think that we should pick one or the other than 4 thousand dollar seems like more favorable right now.
Not that it won't go down but the top is at 4.2 thousand dollars and we always test it and as soon as we break that number we are going to skyrocket.
It can literally go between 3.5 thousand dollars and 4 thousand dollars 100 more times up and down up and down and it wouldn't matter, bitcoin is a volatile thing and it going up and down is nothing major for us because we are used to it by now. However, if you really think that we should pick one or the other than 4 thousand dollar seems like more favorable right now.
Not that it won't go down but the top is at 4.2 thousand dollars and we always test it and as soon as we break that number we are going to skyrocket.
The price can always go to the $4000 USD mark and can make a sudden pump even higher than that but I don't really think that this is a sign or an indication for a bull movement And because I believe we are not seeing the true bottom for the price of bitcoin, there is a lot happen and we still experiencing low volatileness from the price of bitcoin, And in my opinion the bearish market this year still continues, That is just my speculation and will not gonna handle any other prediction because of unpredictability that may happen to the market this year.
Maybe once we see again the value of the bitcoin reach again $4000 for the second time this year 2019. It is possible to sign bull run for the market but make sure you did not expect 100 percent . But we hope that is the start for the bull run. Price of the bitcoin is still unpredictable because sometimes they decrease or it increase. Today price is more than $3900 and it's near to $4000 but it will reach that again or maybe it will down again. 
The price can always go to the $4000 USD mark and can make a sudden pump even higher than that but I don't really think that this is a sign or an indication for a bull movement And because I believe we are not seeing the true bottom for the price of bitcoin, there is a lot happen and we still experiencing low volatileness from the price of bitcoin, And in my opinion the bearish market this year still continues, That is just my speculation and will not gonna handle any other prediction because of unpredictability that may happen to the market this year.
One thing I can say is that I know there will not be a dip in the price of bitcoin beyond the $3000 range unlike what most people are saying that the price of bitcoin would get to $800, we just need a few months from now and we word begin to see the magic of the bull run in the price of bitcoin and other crypto currency like ETH and EOS.
My guess is that it would begin fully in the 3rd quarter of the year. But, if there would be any big positive news in between time, then we may start the journey to moon at that time itself.
My guess is that it would begin fully in the 3rd quarter of the year. But, if there would be any big positive news in between time, then we may start the journey to moon at that time itself.
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So, the conclusion is I am still bearish side short term.
and no, i dont think the bottom is in.
and no, i dont think the bottom is in.
You're right about the resistance being at $4k. Prices have already tested that level in the past rally, and even though it did go through that resistance, it was only temporary and a correction came right afterwards. I think it's quite obvious that given the still bearish sentiments present in the market, we'll likely see sideways movements with some potential short term dips/panic sells before a large rally comes by that constitutes the actual recovery.
So is it possible we still haven't seen the true bottom? Yes, because short term volatility can literally take prices anywhere, and with people's perception of BTC still being in a bear market it's very possible short term panic dumps can be quite sizeable.
But I personally think that we're already past the bottom, because we've seen strong rebounds from the $3k-3.5k level multiple times. The demand below that price would just be too great, especially from institutions that prices will rebound as soon as coins get below $3k.
With the rejection we just had looks like we might be going towards 3.5 or it was just a hunt trade
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So, the conclusion is I am still bearish side short term.
and no, i dont think the bottom is in.
and no, i dont think the bottom is in.
You're right about the resistance being at $4k. Prices have already tested that level in the past rally, and even though it did go through that resistance, it was only temporary and a correction came right afterwards. I think it's quite obvious that given the still bearish sentiments present in the market, we'll likely see sideways movements with some potential short term dips/panic sells before a large rally comes by that constitutes the actual recovery.
So is it possible we still haven't seen the true bottom? Yes, because short term volatility can literally take prices anywhere, and with people's perception of BTC still being in a bear market it's very possible short term panic dumps can be quite sizeable.
But I personally think that we're already past the bottom, because we've seen strong rebounds from the $3k-3.5k level multiple times. The demand below that price would just be too great, especially from institutions that prices will rebound as soon as coins get below $3k.
As some of you think that economically, BTC has seen its bottom then I say not yet because BTC is yet to see a bottom but don't worry, it will look more as a red injection line downway (dump to a new bottom) and then instantly back to the price from where the dump starts. I don't see this going below $2000 (the least I expect to be the bottom for this year). The bullish momentum that is being seen at the moment doesn't look trustworthy enough to say that BTC is actually bullish, and chances of reversal as well as dumps are more as it all looks a trap. Better not to take leveraged positions nowadays because it will only land you at ground scale, so save yourself some money and have buy orders open for $2500 with 50% and $2000 with remaining 50% capital you want to invest.
I don't think there will be any further serious decline of Bitcoin market value that will make us withness another new bottom in time to come. If you are still expecting to Bitcoin at a cheaper rate than what its value was some months back meaning you have the golden opportunity. 
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if the price does not exceed $4200 then the price will fall, but this is not reason to worry because it is normal. when I speak of normal I am referring to the fact that there is not much demand for bitcoin which causes that the price does not increase much. This is the case of being very patient that in the next months or years the price will recover
Whenever we saw the wick toward the resistance, it always represents the market player's sentiment on specific time frame. we can easily conclude that the bulls are trying to push the price toward the upside to break the resistance zone, but the bear is too bearish, which means it ended up to produces the wicks, and what will happen when we saw a several wicks here? In my opinion, just like the human analogy, whenever you are trying to push the price up and ended up failing, the bulls will feel exhausted if they are rejected a lot of time and it will simply losing their strength soon.
After one wick on high volume, that's usually a good assumption. It means supply overtook demand. However, it keeps happening over and over. Bulls keep holding the line and retesting the highs. Usually when a resistance level gets tested over and over, it eventually breaks.
So I'm still short term bullish on the chart, looking for an eventual retest and break of the $4,200 level.
and no, i dont think the bottom is in.
I'm leaning towards that conclusion as well. But there's still a decent chance we're wrong.
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