It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.
I will choose neutral because we do not know what will happen in the price of bitcoin. Even it crossed the price of $4000 there is no assurance that there will be a bull run. But, I know nothing is impossible so keep on being optimistic and keep on waiting for the another bull run. 
Topic: Line in the sand {thread for price predictions} - page 2. (Read 540 times)
It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.
What's your TF for 6k?
i'd say 6+ months.
i strongly feel this is a sucker's rally, a bull trap. by all means, this should be used as an opportunity to take profitable longs after such a barren couple months with few trading opportunities. but we are not out of the woods yet just because we're retracing some of the losses since $6k.
if we break the swing high from december, i could see it rallying to $4700s or so, maybe higher. but remember to take your profits guys!
i recommend taking a look at the chart from the end of 2014. people got overly bullish on that november rally, and they probably will this time too.
Yeah, no matter how we can dress this up, even the signals from 2018 were much stronger than this, and then we all remember how that 6k "consolidation" period ended up.
I'm not counting to be (pleasantly) disappointed but definitely taking some much-needed respite on sells. Not a trader except by default, but it would be very nice to start selling what I've been earning for the past few months on an upward price trend, at least before the trap springs.
What's your TF for 6k?
i'd say 6+ months.
i strongly feel this is a sucker's rally, a bull trap. by all means, this should be used as an opportunity to take profitable longs after such a barren couple months with few trading opportunities. but we are not out of the woods yet just because we're retracing some of the losses since $6k.
if we break the swing high from december, i could see it rallying to $4700s or so, maybe higher. but remember to take your profits guys!
i recommend taking a look at the chart from the end of 2014. people got overly bullish on that november rally, and they probably will this time too.
I never think for 2020 will be the big day of a bullish market but I have voted for bullish because I really want the value to be on that movement, But I guess the price of bitcoin will be bullish on 2021 or 2022 just a hunch well there are many things that we need to set aside there is a correction when the price goes skyrocket that happens all the time and there is price manipulation, And mainly bitcoin right now I think many had considered making a space for now because of the sudden dip and we can not blame them that is why the recovery for the value of bitcoin will take that much time that is why in my opinion I picked that year.
That WAS a quick follow!
I'm not one for changing my own feelings so soon, but I think we can agree on that the sentiment majority has moved to slightly above neutral, ie. there are the startings of buying signals now. I was expecting Sunday's gains not to hold but it seems $3700 is not only holding, but adding in volumes as we speak.
No charts for me but I'd also like to see a $4k test before month end.
What's your TF for 6k?
I'm not one for changing my own feelings so soon, but I think we can agree on that the sentiment majority has moved to slightly above neutral, ie. there are the startings of buying signals now. I was expecting Sunday's gains not to hold but it seems $3700 is not only holding, but adding in volumes as we speak.
No charts for me but I'd also like to see a $4k test before month end.
What's your TF for 6k?
I reset the Poll as we have moved as anticipated. We are now above the 50 day moving average and also the 8 day average. Its fair to say we are in a positive phase for Bitcoin price action.
Poll result roughly matched that with neutral to bullish sentiment -
Its not my intention to write just a thread of my posts but it did follow pretty fast this time. I'll close if nobody else is doing charts for short term moves. For a target on this break I would guess initially 4000,4200 and 4500 for reasonable targets but eventually I'd like to see it retest 6000
Theres a much less trafficked section from 4500 to 6000 and I think that lack of price action will be too tempting for the market not to test and fill with a test of previous support
Poll result roughly matched that with neutral to bullish sentiment -
Quote
Its not my intention to write just a thread of my posts but it did follow pretty fast this time. I'll close if nobody else is doing charts for short term moves. For a target on this break I would guess initially 4000,4200 and 4500 for reasonable targets but eventually I'd like to see it retest 6000
Theres a much less trafficked section from 4500 to 6000 and I think that lack of price action will be too tempting for the market not to test and fill with a test of previous support
I want to make a thread for people to post a graph and a fairly brief prediction along the lines of 24hr higher or lower. I'll quote myself for an example, looking for a close above this price to be more bullish on action that follows.
I cant be sure this price is as significant as I'm drawing it in to be but just for the record, I'm interested for predictions like this.
Post / Link a graph and prediction or just vote in the poll. I'll try to reset the OP poll sometimes to gather just the short term feeling on the forum
I cant be sure this price is as significant as I'm drawing it in to be but just for the record, I'm interested for predictions like this.
Post / Link a graph and prediction or just vote in the poll. I'll try to reset the OP poll sometimes to gather just the short term feeling on the forum
Quote
Looking directly at the price right now, it appears to be negative but its also seems to be trying to combat the 50 day moving average if we move to a higher time frame.
So the sharp move up and back down is confusing but I think also it could be more obvious in a positive trend if it can rise to about 3700 and confirm this level before continuing higher.
Its not certain what it will do but I'd count that as pretty positive short term, its potential to beat the recent negatives
Daily bars
15m bars
I'll draw a line in the sand, I want it to close higher then 3589 in next four hours
So the sharp move up and back down is confusing but I think also it could be more obvious in a positive trend if it can rise to about 3700 and confirm this level before continuing higher.
Its not certain what it will do but I'd count that as pretty positive short term, its potential to beat the recent negatives
Daily bars
15m bars
I'll draw a line in the sand, I want it to close higher then 3589 in next four hours
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