I think bitcoin will move back to $10,300 today. - page 2.

omonuyak

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Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

Nice dip today with bitcoin, This is an opportunity for one to buy some more Bitcoin. I think bitcoin will move back to $10,300 today.

https://www.binance.com/en/trade/BTC_USDT

According to forum time, you make this post yesterday, bitcoin find it very difficult to go above $9800 it was around 5 am this morning that bitcoin was able to cross $10,000 and it is still halving around $10,100. Maybe during New York trading section today we would see bitcoin above $10300 as two of cryptocurrency experts has been nominated into cryptocurrency regulatory task force and many experts are seeing this as good news.

sheenaedago

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Quote from: Dreamchaser21 on July 24, 2019, 06:35:11 PM

Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

Nice dip today with bitcoin, This is an opportunity for one to buy some more Bitcoin. I think bitcoin will move back to $10,300 today.

https://www.binance.com/en/trade/BTC_USDT

It can go back to that level but not today, maybe before the end of July. What certain right now is to keep buying the cheap price of bitcoin, i still see it can rise again. Before the end of the year $15K will be the price, halving is getting near remember that.

This a good indications for possible bounce back to occur at any moment of today. Despite of many factors that hinders growth, bitcoin still capable of great price that could be achieved further.

Dreamchaser21

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Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

Nice dip today with bitcoin, This is an opportunity for one to buy some more Bitcoin. I think bitcoin will move back to $10,300 today.

https://www.binance.com/en/trade/BTC_USDT

It can go back to that level but not today, maybe before the end of July. What certain right now is to keep buying the cheap price of bitcoin, i still see it can rise again. Before the end of the year $15K will be the price, halving is getting near remember that.

figmentofmyass

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Quote from: Slow death on July 24, 2019, 05:12:18 PM

The price is falling slowly which leads me to think that we will see the price of $7000 again soon or in the worst case scenario we may see the price of $6000. Knowing that people buy a lot because they hear some good news and in the present scenario there is nothing good news, so I expect to see the price drop to $7000 or $6000

one step at a time! we spent a whole month (during may and june) trading between $7500-$9000. there should be lots of buyers in that zone who are waiting to buy back or close shorts.

longer term, maybe $6k or $7k is possible (unlikely IMO) but first we need see how bulls react to the $7500-$9000 area. chances are, we'll find a medium term bottom there because it was the last consolidation area before the $13.8k top.

if we hit the $8000s i'm gonna start catching knives. Wink

Jating

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Quote from: NeuroticFish on July 24, 2019, 01:58:29 PM

Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

I think bitcoin will move back to $10,300 today.

Today is almost over. At least on Europe or GMT. And Bitcoin price doesn't seem to meet your expectations (and my wish).
However, OP, interesting list of reasons for this price target. (/sarcasm)

It officially ended here as well, but sadly no bounce back to five digits, but I'm not surprised though, many have shared their analysis and it's pretty obvious that support is weak, probably $9800 will be touch but that's just about it.

To the OP, don't be dis hearten if your prediction is a missed. We can bounce back that's for sure but not today or at least the graph doesn't point to a positive upward trend.

STT

legendary

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Seems price is trying but so far constrained by some quite simple boundaries. None of these 4hr bars has established the price outside of its current box.

Its way off the 8 day price, its not acting positively even when trying to step off the bottom prices. Best we can say is its stabilising in this area and perhaps will later make a better attempt to rise. So far I think its weak and unable to get a footgrip to climb back up.
I would still bet downwards but really I need to be looking more at the longer term picture.

Slow death

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The price is falling slowly which leads me to think that we will see the price of $7000 again soon or in the worst case scenario we may see the price of $6000. Knowing that people buy a lot because they hear some good news and in the present scenario there is nothing good news, so I expect to see the price drop to $7000 or $6000

Quote from: Thanasis on July 24, 2019, 01:18:33 AM

I am sure that it will again $10,000 in the next 48 hours unless the panic button on for those non stable investors.

I wouldn't be so sure about that, being very optimistic right now can lead to the mistake

exstasie

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Quote from: tokeweed on July 24, 2019, 08:50:12 AM

Removing all the bs... It's pretty obvious the recent pumps could be dcb's. I really have no idea how this all is gonna pan out but let's see if 9k holds.

This "drip drip" price action is definitely indicative of dead cat bounces. No bounce is ever strong enough to retake past local highs. So there's no pressure to squeeze sellers and shorters to buy back.

$9K could be the bottom in a double-bottom scenario. Something tells me we'll get a fat wick into the $8,000s though. That's where my stink bids are for now.

figmentofmyass

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Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

Nice dip today with bitcoin, This is an opportunity for one to buy some more Bitcoin. I think bitcoin will move back to $10,300 today.

looks super unlikely now with the daily close 4 hours away. all i see is weak bounces interchanging with dumps. as long as we continue these lower highs and lower lows, there's no reason to get bullish yet. i think we're on track for a retest of $9k and possibly lower.

Harlot

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I know this is the speculation board but could you at least provide an explanation for your prediction so that you could at least look like you are analyzing and not hyping Bitcoin. 10,300$ for today might not be possible but I still remain bullish with Bitcoin. On its daily chart he RSI for it shows that there is a hidden bullish divergence happening as well as the MACD, it may not be enough for it to go up 10,000$ today but in a midterm perspective its still a go signal that this isn't the end for Bitcoin's bull run.

NeuroticFish

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Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

I think bitcoin will move back to $10,300 today.

Today is almost over. At least on Europe or GMT. And Bitcoin price doesn't seem to meet your expectations (and my wish).
However, OP, interesting list of reasons for this price target. (/sarcasm)

Mahanton

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Quote from: davidlgarrett on July 23, 2019, 09:35:48 PM

Nice dip today with bitcoin, This is an opportunity for one to buy some more Bitcoin. I think bitcoin will move back to $10,300 today.

Wait up for more down price i believe it will go even on 9k flat or below basing on my analysis but well we do differ on our ways.
For now buying on the current price as of writing which is 9600+ you can eventually set in but talking about 10k price once again we might
see it on weekend or on next week.Who knows?

leowonderful

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I actually don't forsee a move up to the 5 digits today but rather potentially more chop or downwards movement soon. We had an attempted breakout upwards a few hours ago that just got rejected on the 1H with price falling back down to the lower $9600s where we are now, so it still seems there's pretty significant selling pressure at the moment overhead. Would not be surprised if we keep slipping down towards $9000 and potentially have a double bottom at $9000 and a decent bounce from there.

SquallLeonhart

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I don't know if it will be today but that is a quite close number already. I mean surely people do consider bitcoin going up couple hundred bucks, that is quite common and constantly happens so you have a big chance of being right.

However, most people around here are not whales so bitcoin going to 10300 wouldn't make a huge difference in their lives, they are not brave and idiot enough to do leverage so in the end there is really no point for us to buy bitcoin now and sell at 10300 since it won't make us too much profit at the end. That is why we are talking about in tens of topics about how "bitcoin could go to 100k" or "bitcoin will be 1 million" etc because that is the only case we can really be rich and not even that rich just well off but not billionaire. So that type of small increase wouldn't make too much difference.

hugeblack

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$ 10300 is possible but what does the price mean to that level?
Many consider that the $ 10,000 point is the end of the low resistance levels at $ 8000 and the start of major volatility.
Historically, the price stabilizes at $ 9000 for long periods so I expect to remain at this level "9000 to 10500" with the possibility to get $ 11000 in the medium term.

tokeweed

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Removing all the bs... It's pretty obvious the recent pumps could be dcb's. I really have no idea how this all is gonna pan out but let's see if 9k holds. That could be it if it doesn't. IMHO.

Edit: And no... No 10,300 USD today.

DeathAngel

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Quote from: buwaytress on July 24, 2019, 01:51:44 AM

Well I think I am going to not be making any sells for the next 3 weeks if not September. Made a huge offloading just around 10500 and before this dip. Bills paid off for annuals. Bills ahead of the month paid off... So I'd love for btc to take a further plunge below 9k as everyone seems to think it will.

That's when I get my next invoicing anyway. But why are we all worried eh? If this is the best bears can do...

I think we’re safe as definitely on course for the usual post halving parabolic rise. We can drop as low as $7,500 before we should start to worry. This is fine and totally normal, very reminiscent of 2014-15 after the big Gox crash.

Vaskiy

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The possible chances were to reach $9000 as the market is very rough and looks completely bearish as there is very little growth taking place after every market fluctuation. If the market gets recovered reaching $10300 then we can expect the trend to change within the week providing with some gradual growth in the price.

STT

legendary

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Today it shines tomorrow it rains. Its my take for the moment the bets are with the negative mostly but it could be a thing we raise above recent selling. 9830 is point to pass first.

Ok its very rough but anyway theres a few times a series of lower highs and we have made a lower lower now. It says the selling isnt over, a bigger picture to be fixed and often market tests both directions. Last test was lower then the previous test

Kemarit

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Quote from: buwaytress on July 24, 2019, 01:51:44 AM

Well I think I am going to not be making any sells for the next 3 weeks if not September. Made a huge offloading just around 10500 and before this dip. Bills paid off for annuals. Bills ahead of the month paid off... So I'd love for btc to take a further plunge below 9k as everyone seems to think it will.

That's when I get my next invoicing anyway. But why are we all worried eh? If this is the best bears can do...

Good for you mate, I still have monthly due's that I need to settle so I don't know how will I budget without liquidating some of my stash. Grin

.

Anyways, the price seems to hover around ~$9700 today, so I speculate that it won't plunge lower than that. I'm expecting a good price around October so this kind of opportunity should be taken advantage by smart or even beginner investors, I mean the price is already at a discount, can bears pull it below $9000? I don't think so, at this point the support is still strong, despite the price going down 5 digits again.

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