Is 12K USD is the next target? - page 2.

matchi2011

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Buy $BGL before it's too late!

Quote from: Jating on March 22, 2020, 04:48:47 AM

Quote from: STT on March 21, 2020, 06:55:45 PM

Way too much work and volume in the way of any price objective before we get back to five digits. 4500 to 7500 is an area I want to see worked out first. As we progress, it will be like rungs on a ladder and each with its own resistance and support band before we move to the next range.

Yes, I think we are going to see the price in that range.

If there's no corona virus, possible that $12k can be reached, but with the pandemic resulting in an economic turmoil across traditional financial market, we might be having a hard time reaching 5 digits again. It's a big psychological barrier in front of us, and lately, bitcoin has been in a wild price swing. Indicating that traders are scalping and trying to make every profit as they can make.

Indeed, traders are quick to react there's no indications that more holders are still around, only those panic traders which are dominating
the situation right now.
We can see that back once the pandemic virus already get the right cure so panic around will have some good run.

bitbunnny

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In some moment Bitcoin will reach that price but not yet, not now. To my opinion current price rise is temporary and the price will pull back although in situations like this when other factors beside market influence the price it's hard to predict price movements.
I would like to be an optimist but having in mind the whole picture it's not that easy. To my opinion even 10000$ in current situation would be very hard to break and that is the value that I see as a resistance border.

bearexin

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This does look like a temporary thing but why would that matter to traders? I mean even if its temporary and lets say even if we break 10k again in the future, why shouldn't we really make a trade right now and get out? I rather see bitcoin go down under 1k if needed as long as this passes soon and then we can go back to how things were in the future anyway.

I do not blame people who have sold nowadays. This virus will eventually be beaten, everything so far that influenza type and we have always beaten them at their own game so I am sure this will pass as well, it is a virus that will never go away, not the corona but the general influenza evolution will always be here, just take a look at past 2 decades and you will see it, it was never this severe that is for sure but we beat all others and will beat this one as well.

Jating

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Quote from: STT on March 21, 2020, 06:55:45 PM

Way too much work and volume in the way of any price objective before we get back to five digits. 4500 to 7500 is an area I want to see worked out first. As we progress, it will be like rungs on a ladder and each with its own resistance and support band before we move to the next range.

Yes, I think we are going to see the price in that range.

If there's no corona virus, possible that $12k can be reached, but with the pandemic resulting in an economic turmoil across traditional financial market, we might be having a hard time reaching 5 digits again. It's a big psychological barrier in front of us, and lately, bitcoin has been in a wild price swing. Indicating that traders are scalping and trying to make every profit as they can make.

Free1bitco.in

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Quote from: STT on March 21, 2020, 06:55:45 PM

Way too much work and volume in the way of any price objective before we get back to five digits. 4500 to 7500 is an area I want to see worked out first. As we progress, it will be like rungs on a ladder and each with its own resistance and support band before we move to the next range.

I agree with your statement. however, we are now far from the price of $ 12k and are forced to forget it for a moment. so far, the price range is in the position of $ 4k to $ 7k. I quite believe that to target the next price, we need to wait until Bitcoin reaches the price of $ 7k. so far the price of bitcoin is at $ 6400, and I might estimate that within 1-2 weeks, we can be in the position of the price of $ 7k again.

fabiorem

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Quote from: Smitty Werben Man Jensen on March 21, 2020, 05:36:20 PM

the trend line shows that $ 9000 is important resistance for now, because if $ 9,000 is passed then $ 12,000 will be easily reached, and even after halving All Time High can be reached, but the market situation is still very high for further correction, so use a good strategy, I hope you're lucky

9k? What have you been drinking? Its 6k right now. This is the resistance. 6k. The stock market is recovering more than crypto. Everything is recovering faster than bitcoin. Its over.

STT

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Way too much work and volume in the way of any price objective before we get back to five digits. 4500 to 7500 is an area I want to see worked out first. As we progress, it will be like rungs on a ladder and each with its own resistance and support band before we move to the next range.

Botnake

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Quote from: Smitty Werben Man Jensen on March 21, 2020, 05:36:20 PM

the trend line shows that $ 9000 is important resistance for now, because if $ 9,000 is passed then $ 12,000 will be easily reached, and even after halving All Time High can be reached, but the market situation is still very high for further correction, so use a good strategy, I hope you're lucky

Maybe I'll only think of this resistance if we survive staying at $6000 strong for now.
Bitcoin seems to be unstable after the big run, and I was right that it will not continue as some people think the trend will continue.

Bitcoin to recover amidst the panic is good enough, maybe we must be contended with this price while corona virus are still threatening us.

When the economy recovers, that's where crypto market would recover also, this time it would be a real movement.

Smitty Werben Man Jensen

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the trend line shows that $ 9000 is important resistance for now, because if $ 9,000 is passed then $ 12,000 will be easily reached, and even after halving All Time High can be reached, but the market situation is still very high for further correction, so use a good strategy, I hope you're lucky

btc78

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Quote from: pacman7331 on February 09, 2020, 10:32:24 AM

I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.

Not for this quarter mate,or even the next?

we are struggling hard now because of the Virus effect so maybe this will last more longer as no one expect this to happen,we had a great start this year even the virus is already there but now it becomes worst and getting attention worldwide,and this is also media exaggeration that made this panic more faster.

Free1bitco.in

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Quote from: Naida_BR on March 17, 2020, 03:54:25 AM

I was thinking that Bitcoin price is going to soar due to the corona virus outbreak and the fact that financial markets have a downturn.
I think that 12k is going to come after we pass the first stage of this panic that exists right now in the society/economy. For the time being we are going to see levels of around 5k or less.

we all think the same thing. this decline is actually outside the list that we made. however, prices actually declined and further from the price of $ 12,000. I am quite grateful that halving will happen this year, so it looks like prices will rise again due to halving. besides, if this problem has been resolved, I think the price of bitcoin will rise again, and maybe people will again try to do high speculation.

rodskee

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Quote from: pacman7331 on February 09, 2020, 10:32:24 AM

I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.

never to come even close to that margin in this situation now,look at how Low market capitalization now even
Bitcoin Dominance still taking %63 but the problem is the lack of investors,as the panic for the effect of
Corona Virus is still spreading.this will only a dream for a mean time and let us Hope that things will change
in the coming months as the Cure for the Virus is still not found.

exstasie

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Quote from: fabiorem on March 17, 2020, 10:41:56 AM

I sold it to buy toilet paper.
Bought a truck full of it.

Toilet paper is the new currency.
Buy and hodl.

No joke, people are freaking out and calling 911 because they can't find any toilet paper. Grin

Quote from: leea-1334 on March 17, 2020, 08:05:48 AM

If he really believes what he says 100% then he should be shorting BTC every day and as much as he can, like the guys from the Big Short.

Don't knock it, I profited big shorting that triangle failure a couple days ago. I'm looking for shorts again in the $5,500+ range. There is no denying the bearishness of this market.

There is a chance bulls will prevail and sub-$6K bears will get trapped, but that remains to be seen. I would say at best, we need a few weeks of basing out at lower volatility before we can think about getting bullish. At worst, we're going below $3K.

matchi2011

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Buy $BGL before it's too late!

Quote from: fabiorem on March 17, 2020, 10:41:56 AM

Quote from: leea-1334 on March 17, 2020, 08:05:48 AM

If he really believes what he says 100% then he should be shorting BTC every day and as much as he can, like the guys from the Big Short.

I sold it to buy toilet paper.
Bought a truck full of it.

Toilet paper is the new currency.
Buy and hodl.

Thinking to do the same but I will invest with sanitizers and alcohol. It's a good business instead of trying some luck holding bitcoin for some time.
Kidding aside, it's tough to buy and keep your assets intact since there is a big chance that the market will continue to fall.
Best to rethink before you try shorting the market.

fabiorem

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Quote from: leea-1334 on March 17, 2020, 08:05:48 AM

If he really believes what he says 100% then he should be shorting BTC every day and as much as he can, like the guys from the Big Short.

I sold it to buy toilet paper.
Bought a truck full of it.

Toilet paper is the new currency.
Buy and hodl.

Wilhelm

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Activity: 1652

Merit: 1265

Quote from: leea-1334 on March 17, 2020, 08:05:48 AM

Quote from: exstasie on March 16, 2020, 11:02:59 PM

LOL, what a drama queen. Cheesy

$1.2K and three digits are possible, but we need to invalidate bullish counts by breaching the 2018 lows first. I'm not at all convinced this is guaranteed. Zero? Now you're just going Prof. Bitcorn and Nouriel Roubini on us. Good luck there.

Miner capitulation would be fine. It wouldn't cause a price drop. Price doesn't follow the hash rate, it's the other way around.

Guys like that,,, I never understand. If they hate something so much, why do they even consider to waste their time coming into the forums to give their opinions? If he really believes what he says 100% then he should be shorting BTC every day and as much as he can, like the guys from the Big Short.

3 digits are possible for sure. But people do not understand probability well enough in markets.

Jealous no-coiners don't want us to get rich. They don't have the balls to invest and hope we get burnt.
If we get burnt we prove them right for not investing.

leea-1334

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Temporary forum vacation

Quote from: exstasie on March 16, 2020, 11:02:59 PM

LOL, what a drama queen. Cheesy

$1.2K and three digits are possible, but we need to invalidate bullish counts by breaching the 2018 lows first. I'm not at all convinced this is guaranteed. Zero? Now you're just going Prof. Bitcorn and Nouriel Roubini on us. Good luck there.

Miner capitulation would be fine. It wouldn't cause a price drop. Price doesn't follow the hash rate, it's the other way around.

Guys like that,,, I never understand. If they hate something so much, why do they even consider to waste their time coming into the forums to give their opinions? If he really believes what he says 100% then he should be shorting BTC every day and as much as he can, like the guys from the Big Short.

3 digits are possible for sure. But people do not understand probability well enough in markets.

TheAndy500

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Quote from: bassbity on March 17, 2020, 05:20:57 AM

Quote from: Naida_BR on March 17, 2020, 03:54:25 AM

I was thinking that Bitcoin price is going to soar due to the corona virus outbreak and the fact that financial markets have a downturn.
I think that 12k is going to come after we pass the first stage of this panic that exists right now in the society/economy. For the time being we are going to see levels of around 5k or less.

At a time like this maybe the level of $ 5k- $ 6k will be the price of bitcoin because of its plummet because of the corona outbreak that continues to spread throughout the world, but we will see in April whether this outbreak will be quickly resolved or even longer because of pedemics like this should handled more seriously in every country.

Bitcoin will become a trend if the corona virus outbreak has been overcome because of the increasing demand in the market.

I hope it will be as you say. However, I am afraid that the economic situation may be worse in April. In a month, companies will be reporting about the first three months of the year, and I'm afraid the results will be terrible. This can cause even greater panic on the classic stock market and later on the cryptocurrency market. I'm afraid $12k will have to wait until 2021.

bassbity

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Quote from: Naida_BR on March 17, 2020, 03:54:25 AM

I was thinking that Bitcoin price is going to soar due to the corona virus outbreak and the fact that financial markets have a downturn.
I think that 12k is going to come after we pass the first stage of this panic that exists right now in the society/economy. For the time being we are going to see levels of around 5k or less.

At a time like this maybe the level of $ 5k- $ 6k will be the price of bitcoin because of its plummet because of the corona outbreak that continues to spread throughout the world, but we will see in April whether this outbreak will be quickly resolved or even longer because of pedemics like this should handled more seriously in every country.

Bitcoin will become a trend if the corona virus outbreak has been overcome because of the increasing demand in the market.

Naida_BR

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I was thinking that Bitcoin price is going to soar due to the corona virus outbreak and the fact that financial markets have a downturn.
I think that 12k is going to come after we pass the first stage of this panic that exists right now in the society/economy. For the time being we are going to see levels of around 5k or less.

Topic: Is 12K USD is the next target? - page 2. (Read 953 times)