BTC seems to be forming a bear flag i the daily time frame. Currently, it is going towards testing the mid line of the flag at $17k level. If by any chance we break and close above $17k level then we might test the $18k-$18.2k level once again.
If BTC gives daily close below $16k then this bear flag breaks down and in that case there is high possibility we see another low of BTC. For invalidation of this bearish scenario, BTC needs to break the $18k level and hold abbove it.
Topic: Here is my analysis about btc (Read 488 times)
Next month december the btc highest price i see will be 18400$-18800$ price range.
Today btc have reached up and many traders think it's good time to Open short positions but untfortunately altcoins will go up Even higher.
The support are 16k this month and next month december.
If you follow this you Will know what the Market and btc Will do it.
So today i dont Open shorts becouse it's trap bear trap.
So offcourse i show what i know before i start offering payed service for private customers
Having some sort of understanding the direction it is going is more than enough in most cases, nothing too big and not creating any trouble but it is definitely not something that we might ignore if we do not do the whole analysis correctly.Today btc have reached up and many traders think it's good time to Open short positions but untfortunately altcoins will go up Even higher.
The support are 16k this month and next month december.
If you follow this you Will know what the Market and btc Will do it.
So today i dont Open shorts becouse it's trap bear trap.
So offcourse i show what i know before i start offering payed service for private customers
World cup shouldn't possibly have any sort of benefit or damage to bitcoin, it's not reasonable to expect such a thing but if you ignore all these and just assume it is not then it's not going to be that simple at all, it will definitely come with costs later on if you keep ignoring all of them. I am guessing Christmas is the reason and it should be like that for a long time as well and nothing worse.
we are starting the month when there is more demand for everything, shopping and everything, it may be that we will hear negative news and yes, Bitcoin may continue to fall, but this may be momentary, because throughout December people are spending, the people get into buying and this could make bitcoin go up a bit, just for the season, that possibility fits and there is another positive thing, the fact that we are in the middle of the world cup, that makes a lot of money move and at great levels and one of the Maeras is with casinos, with sports betting that has a lot to do with crypto and bitcoin, so there are two very positive factors.
I think this December we have here is different from the ones that we have in the past because there's a lot of negative things that occurred this year, whether in the crypto world or in the real world and that have affected the people financially so they might be budgeting now rather than shopping recklessly in preparation for the main event which was Christmas and New-Year.I don't know if the World Cup have done some contributions in Bitcoin's value because its price seems to be at the same level and it did even fall some. Maybe it did contributed on other cryptos because there are so many cryptos that can be used to place a bet online.
I don't think betting coins have any impact on the bitcoin price. I have seen many bulls and bear runs. There is no way we can predict the price of bitcoin through charts and list of events. Last Dece, the price of Bitcoin was floating in 40 to 50k and this December it has gone further down. IMO, keep calm and accumulate bitcoin. If you see historic price chart of Bitcoin then after every bearish season, bitcoin has a run.
we are starting the month when there is more demand for everything, shopping and everything, it may be that we will hear negative news and yes, Bitcoin may continue to fall, but this may be momentary, because throughout December people are spending, the people get into buying and this could make bitcoin go up a bit, just for the season, that possibility fits and there is another positive thing, the fact that we are in the middle of the world cup, that makes a lot of money move and at great levels and one of the Maeras is with casinos, with sports betting that has a lot to do with crypto and bitcoin, so there are two very positive factors.
I think this December we have here is different from the ones that we have in the past because there's a lot of negative things that occurred this year, whether in the crypto world or in the real world and that have affected the people financially so they might be budgeting now rather than shopping recklessly in preparation for the main event which was Christmas and New-Year.I don't know if the World Cup have done some contributions in Bitcoin's value because its price seems to be at the same level and it did even fall some. Maybe it did contributed on other cryptos because there are so many cryptos that can be used to place a bet online.
Anyways today i start to think btc might not go up much
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Yes, the cryptocurrency market is such that you can change your forecasts every day, and not as you wrote earlier that the price in December will be at the level of 18400-18800 dollars. Now a little more negative news is enough and the price of BTC will go a couple of thousand lower.
Well, we are starting the month when there is more demand for everything, shopping and everything, it may be that we will hear negative news and yes, Bitcoin may continue to fall, but this may be momentary, because throughout December people are spending, the people get into buying and this could make bitcoin go up a bit, just for the season, that possibility fits and there is another positive thing, the fact that we are in the middle of the world cup, that makes a lot of money move and at great levels and one of the Maeras is with casinos, with sports betting that has a lot to do with crypto and bitcoin, so there are two very positive factors.
Having a certain understanding of the possible near future is not possible. We could try as much as possible and that would be lovely but that doesn't mean that we will understand how it all works, it is not going to be that simple and it will be quite difficult to handle in the long run as well if you keep focusing on short term.
Sure go ahead and trade, and try to make profit, but that doesn't mean that it is certain, you can analyse it as much as you want and it could still shock you. This is why I love long term investment, I know it will be higher than the current price if we look at 5 10 years down the road, will it crash along the way? Of course it will, and I won't mind it.
Sure go ahead and trade, and try to make profit, but that doesn't mean that it is certain, you can analyse it as much as you want and it could still shock you. This is why I love long term investment, I know it will be higher than the current price if we look at 5 10 years down the road, will it crash along the way? Of course it will, and I won't mind it.
I dont analyse years i analyse short term.
Today btc plan have changed i see btc going to 15k price range soon and highest will be 17,100-17,300 price range.
I give this 1-2 days this scenario to play out.
Anyways i have opened btc short and Also altcoin shorts
Im full short now becouse i see the crash starting soon.
Having a certain understanding of the possible near future is not possible. We could try as much as possible and that would be lovely but that doesn't mean that we will understand how it all works, it is not going to be that simple and it will be quite difficult to handle in the long run as well if you keep focusing on short term.
Sure go ahead and trade, and try to make profit, but that doesn't mean that it is certain, you can analyse it as much as you want and it could still shock you. This is why I love long term investment, I know it will be higher than the current price if we look at 5 10 years down the road, will it crash along the way? Of course it will, and I won't mind it.
Sure go ahead and trade, and try to make profit, but that doesn't mean that it is certain, you can analyse it as much as you want and it could still shock you. This is why I love long term investment, I know it will be higher than the current price if we look at 5 10 years down the road, will it crash along the way? Of course it will, and I won't mind it.
Next month december the btc highest price i see will be 18400$-18800$ price range.
in the current Bitcoin trading method it goes up to $ 18k and drops again to $ 17k and so on, makes sense to me, many Bitcoin trades take $ 1000 profit in a matter / week or month, they enjoy it.December and entering 2023 many Bitcoin experts say, starting in December and April 2023, bitcoin including altcoins has the potential to become a recovery method, Even though it will happen they say the Bitcoin market cannot be said to be a bull market like we have seen in 2021 that has passed, it's recovery time.
I believe what they say makes sense to me, maybe I should do my own analysis of Bitcoin, is it currently the lowest or is there something we have never known, I will do my own analysis of that.
All right this what i see now
This month december there is no wall Street money orders placed Below 16k and no over 17,400
What conclusion we make of this ?
We get the btc moving in small price range so we take long position when btc 16,500-16,800$
And we short If btc are 17200-17400 price range.
However i call btc 17500 max top
This is the scenario now and i keep checking the indicators and instution data nothing changed If nothing new coming in the books then this scenario for btc Will be valid and Also for the most of the altcoins.
If something changes i Will notice right to way but now this is the scenario here for december atleast this Week few days
Next month december the btc highest price i see will be 18400$-18800$ price range.
in the current Bitcoin trading method it goes up to $ 18k and drops again to $ 17k and so on, makes sense to me, many Bitcoin trades take $ 1000 profit in a matter / week or month, they enjoy it.December and entering 2023 many Bitcoin experts say, starting in December and April 2023, bitcoin including altcoins has the potential to become a recovery method, Even though it will happen they say the Bitcoin market cannot be said to be a bull market like we have seen in 2021 that has passed, it's recovery time.
I believe what they say makes sense to me, maybe I should do my own analysis of Bitcoin, is it currently the lowest or is there something we have never known, I will do my own analysis of that.
Where do you see this? Show us your crystal ball so that each of us will know what will happen to him tomorrow. Your BTC analysis has nothing to do with reality and is based only on your guesses. Try adding tools like coffee grounds and tarot cards to your analysis.
If we talk about the topic of the thread, then there is a certain logic in his words. The fact is that the level of 18400-18800, which he is talking about, was earlier support that the market formed after the collapse of LUNA. After this support broke, it turned into resistance and now the price will test this mark from the other side (from the side of the bulls). This very often happens when key levels break.
The only thing we do not know is how strong this resistance will be and how strong the position of the bulls will be in December.
So you yourself tried to substantiate the levels that were given by OP. The evidence base of the OP forecast was: "I see it that way", which has nothing to do with market analysis. I will add to your words that the indicated level of 18400-18800 acts as a 61.8% Fibonacci correction level and, accordingly, the price can reach these values.
A chart would have best conveyed your predictions. But i share the same point with you but i will only advice this analysis for traders with big trading accounts. place a buy trade with low risk and stick to the position till the month end there will be a small shift to the buy position maybe towards OP's predicted price or somewhere around $18000
Yes but it not gona happend.
Today there is no buyers no instutions money to support either the btc price.
Resitance are 17400 and support 15000 then 12-13k
I see wall Street buy orders not higher then 13k price range no buy orders from Big guys higher.
Even 15k could be the temporary support to make retail buyers to buy to make Market to do Deadcat bounce and then fall harder lower to 12-13k price range.
A chart would have best conveyed your predictions. But i share the same point with you but i will only advice this analysis for traders with big trading accounts. place a buy trade with low risk and stick to the position till the month end there will be a small shift to the buy position maybe towards OP's predicted price or somewhere around $18000
Anyways today i start to think btc might not go up much
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Even if the price of bitcoin goes up, then I don't think it will go up much in the short term either. I tend to think the bitcoin price will probably still be lower than $18K this December because either way the FTX case will always cast a shadow on traders and investors.The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Fundamentals could be getting stronger so the price can get stronger again, but to get above $18K then I think bitcoin needs something bigger that will increase the demand. Today's bitcoin price recorded a correction to $ 16.8K, but for now the price is around $ 17K.
When it comes to fundamentals, there is no change in btc but there are on other coins like eth because they have gone through upgrades. This could help their price improve later on.
Anyways today i start to think btc might not go up much
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Yes, the cryptocurrency market is such that you can change your forecasts every day, and not as you wrote earlier that the price in December will be at the level of 18400-18800 dollars. Now a little more negative news is enough and the price of BTC will go a couple of thousand lower.
Anyways today i start to think btc might not go up much
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Even if the price of bitcoin goes up, then I don't think it will go up much in the short term either. I tend to think the bitcoin price will probably still be lower than $18K this December because either way the FTX case will always cast a shadow on traders and investors.The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Fundamentals could be getting stronger so the price can get stronger again, but to get above $18K then I think bitcoin needs something bigger that will increase the demand. Today's bitcoin price recorded a correction to $ 16.8K, but for now the price is around $ 17K.
This is the good thing here in btc market, we can see that everyone can speculate on this market.
Newcomers or long-time crypto users, no one can actually say they should be the right one to predict.
Going up to $18k level is not very hard as we are just 1k away from that price.
In this market, an uphill climb of 2k within the day is very much possible, and more than that.
Sometimes this market will jump up high once good news are spreading, so let's see this month where the trend goes.
Anyways today i start to think btc might not go up much
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Even if the price of bitcoin goes up, then I don't think it will go up much in the short term either. I tend to think the bitcoin price will probably still be lower than $18K this December because either way the FTX case will always cast a shadow on traders and investors.The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
Fundamentals could be getting stronger so the price can get stronger again, but to get above $18K then I think bitcoin needs something bigger that will increase the demand. Today's bitcoin price recorded a correction to $ 16.8K, but for now the price is around $ 17K.
Where do you see this? Show us your crystal ball so that each of us will know what will happen to him tomorrow. Your BTC analysis has nothing to do with reality and is based only on your guesses. Try adding tools like coffee grounds and tarot cards to your analysis.
If we talk about the topic of the thread, then there is a certain logic in his words. The fact is that the level of 18400-18800, which he is talking about, was earlier support that the market formed after the collapse of LUNA. After this support broke, it turned into resistance and now the price will test this mark from the other side (from the side of the bulls). This very often happens when key levels break.
The only thing we do not know is how strong this resistance will be and how strong the position of the bulls will be in December.
Anyways today i start to think btc might not go up much
The strong support i see it's 13300$ not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.
The month of December is good for cryptocurrencies as in the previous history, not all time, but many time is good for cryptocurrencies; your analysis is good about the BTC price, and if the price goes up about $18000, then other altcoins also will move upward, and I hope the low level already achieved almost all Cryptocurrencies so now time to the upward trend of BTC and other altcoins.
But what i tell you that btc gona touch 18200-18400 price for sure thats what i know it gona be this Week today or tomorow
Well sorry to say there's no sign or any crypto news that could easily drive btc to $18400 as you may speculated it and if there's any need then I sense it to be common bear trap which many would thought is already going all green without knowing is a common trap to investors who don't study the market properly before investing.
Good luck with your predictions.
I think there will be some news in the following weeks of December about the cpi index and that's going to play another role in the market. And I guess there will be a reaction to it but I've forgotten what's precisely the date of it. I'm assuming that it will be by the 3rd week if I'm correct with that.
Well see if this bear market and end of year will be proportion to each other because we know how bad bear markets are during end of the year.
No need index and it's not bear Market now Well see if this bear market and end of year will be proportion to each other because we know how bad bear markets are during end of the year.
We have local support price now 17000$ until btc will reach 18300 then it would be different story
But alt coins Will go up like xrp sol and shiba.
Today we are bullish when the bear will come i will know but RIGHT now i see bulls
We'll see if by the end of this month/year we'll have $18k and above and that's easy to happen because as you've said we're sitting around $16k-$17k and that's an easy number to look at especially if there's something that will push the market.
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