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Topic: Is Bitcoin going to $9200? - page 7. (Read 1189 times)

sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
December 11, 2019, 11:42:34 PM
#11
It's just a prediction nothing else.Also so many people told that btc will we 50k$+ in 2019. But reality is btc is under 10K$.We now that btc will not only reach 9200$,it will be ATH. But need more time.Better to don’t hear this kind of prediction. Make your own research.       
sr. member
Activity: 812
Merit: 257
December 11, 2019, 11:26:08 PM
#10
don't rely too much on analysis, because there is no analysis that is 100% accurate, the analysis can be right or wrong, from my personal experience, Bitcoin technical analysis often shows false signals, like yesterday, many predicted bitcoin to fall, instead it rose sharply to reach 10K, after that many predict bitcoin will go 20K, but bitcoin dropped sharply instead.
sr. member
Activity: 1092
Merit: 284
December 11, 2019, 11:21:45 PM
#9
The analysis is still too far from the possibility of market conditions like this will continue to hold at $7000, it will also be difficult to rise this month to $8000, bearish will continue to be possible until the beginning of the year often much higher speculation so that there is no pumping on bitcoin and many people don't believe about it.
sr. member
Activity: 602
Merit: 253
December 11, 2019, 11:20:45 PM
#8
We couldn't even reach $8000 price, it was even really hard to maintain a stable price above $7500. But, there's nothing wrong with the technical analysis. It's merely a prediction, I, myselft have my own prediction about the price of bitcoin, but still I don't dare to share it since I don't even know if it's the right analysis or not. I'm no expert when in comes to prediction or something.

I think as long as we're not breaking the $7000 price, there's still hope for another recovery and it might also surpass the resistance or even just like what that article have predicted. But if it goes beyond the support, only god knows where we're heading.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 11, 2019, 10:40:30 PM
#7
I don't think bitcoin price can increase at $9200 in a short time unless there is a big pump that can push the price to rise higher. If the situation is like this, I think the price will not be able to break $8000, and it will stay at a range of $7100-$7500, but that is only my prediction. If the price can start to jump before the end of this year, then it will be good for bitcoin itself because, in the next year, we will see the bitcoin price will start to reach more than $8000 and will break another higher price.

So we can be patient to wait for that time because we will make a lot of profit by selling bitcoin at the highest price. We can buy more bitcoin from now on before the price increase, so we are not late to sell the bitcoin.
hero member
Activity: 1249
Merit: 506
December 11, 2019, 10:34:50 PM
#6
Every day I can hear hundreds of analyzes about the price of bitcoin in the future. People often talk about technical analysis, but I think there's no such thing as technical analysis right here. If there is good news the price will go up and bad news will go down, don't try to read past charts to predict the future.
Besides, the article does not have a specific timeline for bitcoin to rise to $ 9200, so this article is for reference only, it does not have any practical value.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
December 11, 2019, 09:46:16 PM
#5
Their analyze not realistic, depend on what can reach $ 9.200 in 2020?. Many analyze like this we can see in every platform, look's optimist but push too hard. Technical analyze must combine with fundamental can't stand alone specially with dream. Please don't share articles like this one, this is end of year many people already leave crypto market for pleasure. They will come back again next year, so please wait.

I barely understand your post but the article he post has a point if you read it carefully and have knowledge on technical analysis. There is no right or wrong in prediction since it's just a opinion and not
a trading advice. What are you talking about that many people already leave crypto? When you check wallets that holding BTC, You will notice that it grows exponentially which means that many new user
are holding their bitcoin. I don't see the logic on why this kind of article must not be posted here on trading discussion.  Grin
sr. member
Activity: 826
Merit: 252
December 11, 2019, 09:41:13 PM
#4
Their analyze not realistic, depend on what can reach $ 9.200 in 2020?. Many analyze like this we can see in every platform, look's optimist but push too hard. Technical analyze must combine with fundamental can't stand alone specially with dream. Please don't share articles like this one, this is end of year many people already leave crypto market for pleasure. They will come back again next year, so please wait.
hero member
Activity: 3052
Merit: 651
December 11, 2019, 08:59:59 PM
#3
Just another pump analyzer.  Grin

Well, it could happen. It is December and people are receiving their bonuses.
If some do like the idea of investing that money into bitcoin then we might really see a small pump ahead.
But, it will not be fruitful in a sudden. It might bloom mid January or maybe even in the month of February.

Yeah, I am also speculating now.  Grin
sr. member
Activity: 938
Merit: 256
December 11, 2019, 08:50:39 PM
#2
Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

I think it's just another people analysis from hundred analysis that predicted BTC would pump in short time. But in the fundamental side and in my own opinion it won't pump this year or in a short time because it almost every end of the year BTC price always going down, it might be because many people withdrawing their investment or something else.
member
Activity: 239
Merit: 15
Coinstelegram - Blockchain & Altcoins News
December 11, 2019, 08:26:49 PM
#1
Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/
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