My opinion about the price movement of BTC

Landak

hero member

Activity: 1386

Merit: 503

And after you made this thread, everything is in line with your predictions of bitcoin reaching 8.8k, good observation.

Quote from: bitcoindusts on January 17, 2020, 07:21:07 AM

Quote from: Tduty on January 15, 2020, 03:53:49 PM

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Bitcoin is hovering above $8.8k was above $8.9k before I read this thread. It seems OP's prediction about BTC breaking $9k is possible. I also think that it is just a matter of days. Though I hope there is no bad news that will hinder this BTC movement and that the rally towards the predicted $15k before the halving continues.

the hope is of course no more bad news.
and bitcoin continues to rise until halving is finished and will continue to break the highest price. if that happens, everyone's hopes will come true

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

It is not just about bitcoin being unregulated neither, it is also about how bitcoin has no technically stopping price, I mean even the stocks have a technical max, you can have a stock go 100% up, 200% up, hell 1000% up if something major happens, but no stock could ever achieve what bitcoin has achieved and no stock has the capability of being "unlimited" in the sense that bitcoin could "technically" worth more than all the money in the world combined.

I am not saying that will ever happen, it looks as impossible for it as to stocks but when we talk about technicality that is seriously true that bitcoin marketcap could be bigger than ALL of stocks combined in the world, we have already seen it at around 1/10th of all USA stocks for a while, with bitcoin going over 65k, we could have it go over ALL USA stocks as well, quite possible if you ask me in a longer period of time.

FairUser

sr. member

Activity: 1344

Merit: 264

bit.ly/3QXp3oh | Ultimate Launchpad on TON

Quite surprisingly for your analysis, so far it's completely accurate and the price of bitcoin has reached the price of $ 9050 today. But Bitcoin is currently stable above $ 8800 so we cannot see bitcoin crumbling in the near future. I still evaluate this market and bitcoin will continue to grow until halving in May. I will wait and track your next analysis in the future, it is very helpful for me

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: Images21 on January 16, 2020, 04:59:32 AM

Quote from: kapalmabur on January 16, 2020, 04:40:07 AM

Quote from: Tduty on January 15, 2020, 03:53:49 PM

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Bitcoin has increased, now just waiting for the coming altcoin season, indeed Bitcoin must be consolidated first because to reach high prices altcoin must survive

The rise of Bitcoin is not yet done. I am seeing a pattern of high increases and short and quick corrections before another round of high increase. I am positive that $9,000 is going to be shattered very soon. Altcoins are following Bitcoin's pattern. This must be a season for all of crypto.

Although the pattern still is shown, we still need to be careful because the down of bitcoin price can happen anytime. Yes, I am positive that the price will be back to $9,000 after it hit that in a few hours ago. But the battle still appears at the market, and the price still up and down this day. I wonder if tomorrow the price slightly increases to more than $9,000. The altcoin still trying to increase, and some of the altcoins already hit the high price, and it still waits for the right time to grow more.

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Quote from: Tduty on January 15, 2020, 03:53:49 PM

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Bitcoin is hovering above $8.8k was above $8.9k before I read this thread. It seems OP's prediction about BTC breaking $9k is possible. I also think that it is just a matter of days. Though I hope there is no bad news that will hinder this BTC movement and that the rally towards the predicted $15k before the halving continues.

olumyd

full member

Activity: 658

Merit: 117

Quote from: btcdie on January 07, 2020, 08:50:11 AM

As long as bitcoin does not touch the point at the price of $ 6k I think Bitcoin remains under normal circumstances, which is around $6500 - $8000. the bitcoin panic point at $ 6k if it touches on this price it is likely that there will be a "panic sell" and there will be a large dump, as we saw in the graphs at the end of 2018. but in my opinion bitcoin will not fall and see halving in a moment, I'm sure it will bring big changes.

Imho, if what happened in 2018 should repeat itself, I think the community is ready to adjust itself and consider the broader perspective and look for sizeable entry points to further expand their prospective returns. So, at this point, I'm not sure the sentiment would be that bad. Touching 6k would be good for new money, scaling 10k would also be good for new money... but the point where I get more concerned about is beyond 14k. People will want to take profit and watch how Bitcoin behaves in the short term before committing long term.

BitcoinsGreat

sr. member

Activity: 1022

Merit: 280

Quote from: sovie on January 17, 2020, 04:25:50 AM

Quote from: sana54210 on January 17, 2020, 03:27:00 AM

The sad part about everyone trying to connect bitcoin movements to something is that every time it moves you will have to be forced to find a reason for it. Lets be honest this market is unregulated so the only thing that makes bitcoin go up is you buying it, and vice versa for going down, which all comes down to this ; bitcoin is volatile because it is volatile, no need to find a reason.

Just like now for example, we went from almost going under $7k to reaching almost $9k, do we really need a reason for it? I mean couldn't it be just that some people bought bitcoin and others who saw it bought as well and then there was collective buying? Can't that just be the reason for it? Do we really have to have a "big" secret reason for the ups and downs?

Market is unregulated that's true and we all have to accept that. FUD, FOMO, speculation are what drives the price of bitcoin and other crypto. There were predictions few days back that bitcoin going to 5k$ and all of sudden it jumped up to current price of 8900$.

If you are old in this market, then you would have known that bitcoin moves opposite to the expectations. If majority of the people are expecting it to move it to 5000$, it will move and jump in the opposite direction and that is what happens. Whales always manipulate and move in opposite direction to liquidate others and get profits.

sovie

sr. member

Activity: 1274

Merit: 265

Quote from: sana54210 on January 17, 2020, 03:27:00 AM

The sad part about everyone trying to connect bitcoin movements to something is that every time it moves you will have to be forced to find a reason for it. Lets be honest this market is unregulated so the only thing that makes bitcoin go up is you buying it, and vice versa for going down, which all comes down to this ; bitcoin is volatile because it is volatile, no need to find a reason.

Just like now for example, we went from almost going under $7k to reaching almost $9k, do we really need a reason for it? I mean couldn't it be just that some people bought bitcoin and others who saw it bought as well and then there was collective buying? Can't that just be the reason for it? Do we really have to have a "big" secret reason for the ups and downs?

Market is unregulated that's true and we all have to accept that. FUD, FOMO, speculation are what drives the price of bitcoin and other crypto. There were predictions few days back that bitcoin going to 5k$ and all of sudden it jumped up to current price of 8900$.

Meowth05

sr. member

Activity: 854

Merit: 267

★777Coin.com★ Fun BTC Casino!

Quote from: kapalmabur on January 16, 2020, 04:40:07 AM

Quote from: Tduty on January 15, 2020, 03:53:49 PM

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Bitcoin has increased, now just waiting for the coming altcoin season, indeed Bitcoin must be consolidated first because to reach high prices altcoin must survive

I'm having a thought that if Bitcoin enters the ATH other cryptocurrencies will be the same just like what have happened a year ago where the market is hype. Bitcoin will eventually enter the $9k zone before the halving the fact that most of the coins in the market are now having a good run.

sana54210

legendary

Activity: 3318

Merit: 1128

The sad part about everyone trying to connect bitcoin movements to something is that every time it moves you will have to be forced to find a reason for it. Lets be honest this market is unregulated so the only thing that makes bitcoin go up is you buying it, and vice versa for going down, which all comes down to this ; bitcoin is volatile because it is volatile, no need to find a reason.

Just like now for example, we went from almost going under $7k to reaching almost $9k, do we really need a reason for it? I mean couldn't it be just that some people bought bitcoin and others who saw it bought as well and then there was collective buying? Can't that just be the reason for it? Do we really have to have a "big" secret reason for the ups and downs?

Images21

sr. member

Activity: 567

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: kapalmabur on January 16, 2020, 04:40:07 AM

Quote from: Tduty on January 15, 2020, 03:53:49 PM

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Bitcoin has increased, now just waiting for the coming altcoin season, indeed Bitcoin must be consolidated first because to reach high prices altcoin must survive

The rise of Bitcoin is not yet done. I am seeing a pattern of high increases and short and quick corrections before another round of high increase. I am positive that $9,000 is going to be shattered very soon. Altcoins are following Bitcoin's pattern. This must be a season for all of crypto.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: Tduty on January 15, 2020, 03:53:49 PM

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Bitcoin has increased, now just waiting for the coming altcoin season, indeed Bitcoin must be consolidated first because to reach high prices altcoin must survive

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

Quote from: Republikcoin.com on January 15, 2020, 09:36:05 PM

Quote from: ololajulo on January 15, 2020, 04:24:05 PM

We need to relax, it is not time to check the price and analyze daily. In bullmarket every good coin is good product for profit just buy at a low price and sell high, the market is not only for bitcoin as we can see, altcoin have join in the race. Next will be the money from startups and rollarcoaster arrives where money flows into the space, position yourself in right coins and sail to bullrun.

Don't relax now, if you believe the price of bitcoin will happen in the future, I think it's time to panic. the point is that the signal has appeared at this time, prices have gone up high enough to give a signal that the price of bitcoin will really reach a high price. so, for the time being, we need to prepare our assets.
however, the price of bitcoin will most likely be higher than the price of $ 13k, this only takes time. I am pretty sure that at the end of this month the price of bitcoin can approach the price of $ 10k

Today the market is quite red if you have set up assets to buy bitcoin then this is the time to buy when the market is down, pumping has happened yesterday and now dumping again means the market will enter bearish again but from that pumping bitcoin is unable to reach $9,000.
But we will then know how to move forward and one day bitcoin will experience a very high increase.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: ololajulo on January 15, 2020, 04:24:05 PM

We need to relax, it is not time to check the price and analyze daily. In bullmarket every good coin is good product for profit just buy at a low price and sell high, the market is not only for bitcoin as we can see, altcoin have join in the race. Next will be the money from startups and rollarcoaster arrives where money flows into the space, position yourself in right coins and sail to bullrun.

Sadly though, this sort of mini bull run has stop now, as we have seen a lot of coins going down including bitcoin. So I guess there's no bull run, just people rushing in to enter the market and to make money out of it. In the previous bull run we had, the price keeps going up, which just some minor slid because of FUD. But we hadn't had any FUD and yet the price did go down.

Probably a bull trap, as others have suggested. But we will see, we've witnessed this kind fo volatile movement in the past and we do hope that it will end up picking the price again in the next 24-48 hours.

Republikcoin.com

legendary

Activity: 2716

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: ololajulo on January 15, 2020, 04:24:05 PM

We need to relax, it is not time to check the price and analyze daily. In bullmarket every good coin is good product for profit just buy at a low price and sell high, the market is not only for bitcoin as we can see, altcoin have join in the race. Next will be the money from startups and rollarcoaster arrives where money flows into the space, position yourself in right coins and sail to bullrun.

Don't relax now, if you believe the price of bitcoin will happen in the future, I think it's time to panic. the point is that the signal has appeared at this time, prices have gone up high enough to give a signal that the price of bitcoin will really reach a high price. so, for the time being, we need to prepare our assets.
however, the price of bitcoin will most likely be higher than the price of $ 13k, this only takes time. I am pretty sure that at the end of this month the price of bitcoin can approach the price of $ 10k

Kyraishi

hero member

Activity: 952

Merit: 513

Quote

But we should always look at the chart more globally. and if we look at global goals, then for me they look like this:
8770-9050

Seems like this is really spot on.

I think that there is still significant resistance at the $9k level which is what is driving the sluggishness in growth right now, but I really have no doubts that it's going to eclipse $9k as a matter of time. $10k will be more difficult given the fact that the last pump also had significant resistance at the $10k level as it tried to recover, and it was the psychological level at which the decline really started to accelerate.

Speaking of the longer terms, if BTC can outdo its previous highs at $13-14k then there is reason to believe we'll be seeing an ATH soon after halving.

ololajulo

sr. member

Activity: 2240

Merit: 270

SOL.BIOKRIPT.COM

We need to relax, it is not time to check the price and analyze daily. In bullmarket every good coin is good product for profit just buy at a low price and sell high, the market is not only for bitcoin as we can see, altcoin have join in the race. Next will be the money from startups and rollarcoaster arrives where money flows into the space, position yourself in right coins and sail to bullrun.

Tduty

member

Activity: 448

Merit: 21

A very good observation, mate, and by following the Bitcoin price chart, now we can be sure that Bitcoin price is going to break the 9K USD zone. It can be the start of the most wanting bull run, as the altcoin market is growing too. So, we can hope 2020 will be a better year for crypto.

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

Manipulations of the market value of bitcoin don't happen much in my opinion. The market cap is huge and it would take a lot to successfully influence the price. Whales are much better for holding and trading. Governments can easily influence the market, but this is only reflected in their respective countries.
The increase in the price has held on for a couple of days and we could possibly reach 9k in a couple of days. We could be looking at a new support level around the $8.5n mark. But this would have to be tested repeatedly first.

JCviggen

hero member

Activity: 1260

Merit: 505

Age Of Mars | GameFI Virtual colonization of Mars

Quote from: The Sceptical Chymist on January 11, 2020, 10:02:26 AM

Quote from: JCviggen on January 07, 2020, 07:03:20 AM

But we should always look at the chart more globally. and if we look at global goals, then for me they look like this:
8770-9050

there is still a very high chance that the price will return back below 7 thousand dollars.

So basically anything can happen, which we already knew. Lol. This is why I can't stand TA.

And I'm not so sure this is the start of anything resembling an upward movement in price with some momentum behind it. True, bitcoin has seen some nice gains and has held onto them for a few days, but that really doesn't mean much. You know as well as I do that bitcoin is inherently volatile and people can sometimes mistake that volatility for a pattern or a trend. But I'm hoping I'm wrong and that you're right about the $8770-9050 marks, and that bitcoin hits those within a month or so.

I think that we will not be able to rise higher than 8900 now. as I said at my post and now I still think that what is happening with the price now is a trap that is created so that people can start buying bitcoin and other coins right now. as soon as people will really believe in a bull market - prices will start to go down again

Topic: My opinion about the price movement of BTC (Read 535 times)