it looks like the price of Bitcoin will not go up to $ 9500 for now, the price is breaking down to $ 9100 now, what do you think? is it still up to $ 9500 or will we indeed see the price of Bitcoin even lower?
I’ll go for a lower prediction but I believe it will not dump that much again and $8k level can be a strong support. If bitcoin continues to drop, then its confirm we can’t go up to $9500 level for now. We are still on an up trend long term chart so nothing to worry about, give more time and the you will feel the effect of halving.
Looks like the strong support is $8,500 if we will look on how the market is moving right now but of course things may come sooner.
i was thinking of waiting for at least 6k level if possible because i believe that the effect of this bad market will continue the whole 2020.
It seems Bitcoin failed to re-test $9500 zone this past day. Although it get past $9000, it goes back to $8800+ again. The market seems not ready to sustain Bitcoin above $9k for now. I think we need more time for the market to fully functional since it was somehow greatly affected by the pandemic.
This can be a good read why Bitcoin somehow failed to sustain $9000 mark.
$9,500 is too high for re test because we cannot even break 11k so what more falling under 9k more?
maybe for the next quarter there will be some changes if the Virus continue lowering,seeing the record
now it looks like the death toll is lowering day after day.