Topic: Going under 10k ?? - page 3. (Read 486 times)

There is a small possibility that we will go under $10,000 but I think it will bounce right away. Investors will surely buy once we hit that level. Currently I have $10,200 as a support level it may bounce once it hit this area if not then the next  but  support level I have is $9400- $9600 and I do not think this will be broken.  We are having a hard time breaking the resistance of $12,000 and I think it will be tested again for the third time after that Price will probably bounce back again to the $10,000 area and this is the time I think we will break the $12,000 and test if we can break the $15,000 resistance level.

Imho bitcoin need to go deeper 6k and 3k to get a lot of power then and will start attacking new highs , to stabilized on 10k we could get new highs because a lot of people got there bitcoins on 20-17k and they will strongly sell it when price will be near this positions.

Personally I don't think the price will fluctuates to 10,000$.If it so,it need bull fight to get back to 11,500$.I think this is the normal fluctuations in the price of bitcoin. In such conditions, I will hold my bitcoin and purchase the huge amount of bitcoin as much my ability.
If you are investing for your future, I think 10,000$ is low value to inverse in bitcoin. At this summer we can expect huge difference in the price of bitcoin.

When I know when the volume of an altcoin is large
its chance of increasing its price.

I feels like Bitcoin price was stabilized between $10K to $12K for last couple of weeks so I hope bitcoin will not fall below $10K or if that happened then it will recover soon.

Analysis of BTC dated 6 March 2018
Ok, before going to the main issue, we are going to review some of the parts that were together with the brothers in the pt yesterday just a little bit. There are some of him in this call, this swear insulting, the back to the type of ae we just ignore, maybe they are hired to do so
- After the price of two consecutive candles reversed each other (1 pinbar, 1 Doji), then with a large green candle, the big, as if breaking the current constraint is not, then It's just a trick to trick you guys not to read the pt yesterday, but read carefully, there was a chance instead of the pain in the swing, the peak.
- Unconditional, after the price of hesitant with the tug of war over more than 8 hours, the price hit the upper band of BB, the pk saw of the RSI and the ADX's growth along with the image. The cumulative pattern has been the evidence for yesterday's price dump, but I have also said that the rebound will be quite a mystery when it comes to too many obstacles, the thinness of Kumo clouds has been warned. brother. Reading here suggested that you return to the article yesterday to read a little because all the data warned for a dump price was too explicit in the article pt yesterday.
Okay, now the main problem is, do not know if some of the nonsense on you are read or not but that t should read, read to know how elegant European style literature. 😉. The next question is not pt on frame D1 and also say that a week will only pt this frame once.
+ On frame H4:
- Yesterday's price cut immediately went through two hurdles that had previously been considered strong resistance, which proves that the surprise was raised in this situation, making the young investors not just point your hands. But this surprise was so revealing when it revealed deadly loopholes like yesterday's pt.
- Sp was created at 23h on 2/3 and at 15h on 4/3 with sp was created at 7pm on March 1 and at 15h on March 4 was broken mercilessly. The price pierced me even without looking back. At present, there is only a very good resistance area, and also this region is holding the price again, do not let n escape anymore, that is 11055-11247.
- After the pumb price pushed up to 11700 yesterday, it also concludes the model ABCD model that I also mentioned in some previous pt, if anyone read and remember the more basic to not be any Dump with the last.
- At present, the median line is coincident with a fairly hard resistance was created by 23h on March 3 and 23h on March 4 pier pierced and immediately withdraw because of another accident as accident In addition, the strong resistance at 11249 is too close to the trendline, continue to tighten the price, they like to say to the candle that "Down enough, on the dike." But whether or not depends on the hearing of candles.
- Here we have a hypothesis like this. If taking a candle at 19h on 2/3 point A, 23h on March 3 as point B and 15h on March 4 as point C, then use SPF to see a very interesting thing is happening when the price touches The second warnning line was immediately turned on
- Ok, now we will mention a familiar face that is RSI. It is strange that he is crawling not suddenly because yesterday's fool does not allow RSI to be allowed to slow down even more. What is worth mentioning here is that the price has inadvertently created a new bottom divergence zone, as the warning that there will be a return of the price, along with the analysis described above has occurred just this. is a matter of time only.
- If you look at the RSI too hard because the trading range is not high then you can immediately open through Stoch that look offline. The bottom pk with the SP is broken may be back up again will happen tomorrow.
- Do you look at the MACD by chance, the mood is like t, is also tired right? Bored is not because of long or long bars, but boring here because there is nothing to say. Sr ae: 3
- ADX is also beginning to show signs of aggressive reduction and two DI lines after a long time also have signs of closer together than the signal to prepare a new flourishing?
- The seemingly random coincidence is being generated when Kijun coincides with many important obstacles. Price still can not penetrate Kijun, worry what: 3. Also Span A and Span B have created a large Kumo, no position swap in this time so people are completely secure offline. Remember that you are reading pt in 4h frame.
Today about 4h frame is long, brothers read hard to read, then praise, do not cheat. There is nothing to compliment, out, do not cheat and then be deleted ct 🙂
+ On the H1 frame:
- Actually, when you look at this frame, the first thing ae say is "*** what's going on like this"? Even though we have been warned before, we can not help but be surprised by the fact that there are 8 candles in red.

Yes it will happen, yesterday I read some articles and I found this https://www.ccn.com/china-blocking-cryptocurrency-exchanges-social-media-local-report/ and found this https://cointelegraph.com/news/south-korean-government-bans-officials-from-crypto-holding-and-trading is most likely the cause of bitcoin and altcoin prices to decline. I think the key to pump and dump bitcoin and altcoin prices is government regulation. Bitcoin and altcoin will rise if the government accepts and regulates bitcoin and altcoin as a means of transaction and bitcoin and altcoin will go down because the government prohibits the use of cryptocurrency.

10k is the first support. If bitcoin breaks it and go lower. we will see that its price ranges again from 8,000 to 9,000. The great barrier is 12,000 and its normal for bitcoin to go lower as of the moment before he breaks the 12,000 resistance.

If the price of  BTC drops under 10K, I think people will begin panic selling and price will continue falling.
Altcoins are already bleeding and they will bleed more if this happens.

The market movement will be 10K to 12K for longtime until big news & new investment coming market will act like this way. But if any negative news coming it may fall under 10K

I think there is a possibility that it would go down under 10k again. It has just crossed 10k a few weeks ago, then has got around 12k. It has been relatively stable for some time.

and if the price is going under $10k then I will prepare to place my order buy in the market so I can buy bitcoin in under $10k. I see that there is a few support in order buy so maybe the price will get down for a little. but it might change if there are suddenly many people wants to buy bitcoin at the $10k. I hope the price is not going too far if its down and only around at $9k-$11k and after reach the low price it will bounce to high price again.

To break the $12K barrier, we need new sets of investors. How can we get if there are constant FUD going around. We have been seeing a steady growth in the last 2 weeks pushing the price above $11K but the sentiments suddenly chance to a bearish one. And now we are fighting just to stay a float at $10K.

But its barely a week in March. I still not giving hope that we can get to $12K at the end of the month. Just patience and make some contingency plans on your end if something worst happen though.

Better to keep an eye inside the exchange, I think if the value falls to below 10k$ then we will expect more downside so better to make sure to have additional plans to make sure that you are still in good position, but if the trends start to  rise and more positive news showed up and push the value to
break 12k$ then we are going to expect more positive movements and more new investors to join in.

9-10k support bitcoin let’s see what will happen in few days. It seems to be sideway again stoll hard to break thecresistance 12k he need more colume and power to break hope for new good news and some good projects. Just follow your plan of trades and focus on your stop loss and buy back or  if you do cost averaging then set it in low price . Hope next month there some good movements to our crypto markets.

Worth to mention is the $10 support is a strong psychological level. I'm sure Bitcoin will hold on the support level, and stabilize just above the $10k marks. But yeah, its highly speculative assets, any possible outcome could happen anytime soon.

I hope not because if bitcoin go under 10K it will falling until 7K - 8K ( my prediction ) and will make me loss. For 10K I can say is stable and we can start buy back in this area. The market is slow because to many news speculation and mostly not giving serious impact. Just replace little money at 10K and see the next move of price action, follow the direction and you'll get profit.

I think the market is recovering if bitcoin can break through the resistance level of $ 10,800 and hold higher, it will reach $ 12,000 in a short period of time.

it looks like bitcoin prices have started bouncing again and the price is only up at about $ 10,500 only and if you look at the graphics in this image quickly the price again bounces again

Maybe but it's price will go up again. The price of Good coin like bitcoin will not go down to the end because many people are actually interested in this coin. Other coins like ETH or XCPO also bounce after those price are fall. Let's be honest, if someone will give you $10,000 in cryptocurrency then you will choose to receive it in form of bitcoin, ETH or XCPO? I am sure that you will choose bitcoin.