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Topic: Is Now the Perfect Time to Buy Bitcoin? - page 6. (Read 907 times)

legendary
Activity: 2366
Merit: 1408
August 15, 2019, 10:39:13 AM
#6
I think that if you wait just a few days you'll buy BTC with 9.5k USD range, it's interesting
I'm happy because we are having this support of 10k at the moment, I already bought my BTC and have nothing in fiat, my only option is to hold right now

I'm just little worried about this news about a crisis in a near future
legendary
Activity: 2030
Merit: 1569
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August 15, 2019, 10:20:48 AM
#5
And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.

Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021.

2020 is the halving but why one year after? You mean the time it takes for the bulls to wear off? I think that peak is coming at or near the halving, perhaps a bit afterwards but not a whole year later.
jr. member
Activity: 42
Merit: 8
August 15, 2019, 09:39:09 AM
#4
Bitcoin gained value from $ 4000 to $ 13500 very quickly. Then we saw serious setbacks a few times. But I think it's time to go up again. I don't need to think about long-term investment. In the long run, Bitcoin is always profitable.

Yep I agree, I think Bitcoin will be a good investment long term at any price we have seen.
jr. member
Activity: 42
Merit: 8
August 15, 2019, 09:46:31 AM
#4
And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.

Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
August 15, 2019, 09:39:41 AM
#3
Video here: https://youtu.be/1oQLG62wbyU


This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.
Well, that is a knowledgeable video presentation. That is true that time to time and over to the next several year's bitcoin will make expensive through the fact that the demand and supply will change and for sure the supply of bitcoin will lessen and the demand will moreover to adopt. Indeed yes, if you are short term trader this is the right time to buy since bitcoin having a short correction from $13k range drop to $9k plus and now showing up to $10k price in the market. And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.
sr. member
Activity: 1568
Merit: 321
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August 15, 2019, 08:09:20 AM
#2
The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months.

There seems to be very strong support levels at the $9300 range, which we are not too far from.

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.


Video here: https://youtu.be/1oQLG62wbyU


This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.

Bitcoin gained value from $ 4000 to $ 13500 very quickly. Then we saw serious setbacks a few times. But I think it's time to go up again. I don't need to think about long-term investment. In the long run, Bitcoin is always profitable.
hero member
Activity: 2996
Merit: 609
August 15, 2019, 08:13:20 AM
#2
This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.
For long term aspect then price wouldn't vary too much but somehow that price dip in 9300 is the best spot to accumulate cheaper coins and since

I'm doing shorts then I luckily buyback on 9400 and sold out 10100.The price now is going back to sub 10k which 9700 will be a good spot to buy in.
jr. member
Activity: 42
Merit: 8
August 15, 2019, 07:59:09 AM
#1
The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months.

There seems to be very strong support levels at the $9300 range, which we are not too far from.

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.


Video here: https://youtu.be/1oQLG62wbyU


This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.
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