I could not care less if Bitcoin is worth $100,000 or $100

mk4

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Quote from: hugeblack on May 02, 2020, 09:09:10 AM

what prompted you to conclude below? There is no relationship between the two analyzes.

My guess is that while the $100 price has nothing to do with OP's analysis, OP is just theoretically speaking. While it's really unlikely, the chances of bitcoin dropping to $100 levels is non-zero. And not a single technical analysis could predict such a crash to that low of a level anyway.

alan2here

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Quote from: qory on May 02, 2020, 02:14:22 AM

I care and hope bitcoin can break to higher price above $100,000 because I have any coins assets in my wallet, when bitcoin have higher price will give impact for my altcoin take back to higher price and take opportunity with good moment when bitcoin have on the top price.

This is a price that is sure to make this market more attractive and there will be billions of new investors appearing in this market. However, for this price to take place, it takes more time because cryptocurrencies are very volatile and just a bad news can cause this market to collapse.

Personally, I did not expect the price of $100,000 but would believe that Bitcoin could one day achieve this price.

hugeblack

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Until the collapse of the 3000 levels, it no longer constitutes a nightmare, as we were at that level a month or more ago, and then we strongly returned to the levels of 8,000 dollars.
Therefore, even your pessimistic analysis might be a new start for a new ATH in the first quarter of next year.

Quote from: Bossian on May 01, 2020, 09:37:04 PM

Now if we are rejected again at 10.5k, we will see 3k soon or even below that. The dragonfly doji is a good sign but we need a confirmation at the resistance mentioned above.

I can understand the text above, especially since you supported your idea with some illustrative charts and some logical ideas/analyzes, but what I did not understand is, what prompted you to conclude below? There is no relationship between the two analyzes.

Quote from: Bossian on May 01, 2020, 09:37:04 PM

Bitcoin could be worth $100,000 or $100 in five years from now, and I give zero fuck.

qory

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I care and hope bitcoin can break to higher price above $100,000 because I have any coins assets in my wallet, when bitcoin have higher price will give impact for my altcoin take back to higher price and take opportunity with good moment when bitcoin have on the top price.

Bossian

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We traders care about the variations and the volatility. Plain and simple.

That's how we make money.

No emotion. I am not emotionally attached to Bitcoin in any way.

Emotion is a money killer (and money is an emotion killer Tongue

)

Now, some interesting times ahead, May-June will turn out to be crucial. There is an obvious dragonfly doji candle (2 months). This is usually the sign of a trend reversal.

video: https://bit.ly/3aQCSMJ

It depends how price reacts if it gets close again to the 10.5k resistance. Bitcoin price got rejected twice at this crucial price. If Bitcoin breaks above, we will probably see a new ATH.

Now if we are rejected again at 10.5k, we will see 3k soon or even below that. The dragonfly doji is a good sign but we need a confirmation at the resistance mentioned above.

2020 will be epic one way or another! plenty of money to make either way Kiss

Bitcoin could be worth $100,000 or $100 in five years from now, and I give zero fuck.

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