Topic: My prediction - page 3. (Read 429 times)
Shortly 6000 dollars is the new bottom. We have a rise and nice 8100 dollars, will price hold this position and rise note after, will we see a drop is impossible to say. As smart trader I sold some bitcoins and wait for price to drop to buy again, after ETF decision I think we will see little drop again. I don't worry, as smart trader I have some bitcoins on a side if price continue to rise. That's trading for newbies, you never sell everything, you hunt top by selling some when price is in green, if continue to rise you sell again some part, and like that until you sell on top and then when price drop you buy again.
This time btc is solid and i do not see that it will stop around anything low, my analysis is that in this bull run that will atleast span till september btc will test its previous all time high mark, if not more.
Predictions are hard to make in a very volatile market and the fact that there was a price action now does not mean if the possibility of testing the support zone comes again, we still cannot break it lower. Moreover, this is not even a bull run, but just an upward correction from the downtrend, which to me seems like could be ending anytime soon unless we get to see some upward move above $10k resistance that would say otherwise.
The price was around $ 6,000 last week, so going back to 6000 is not ruled out.
The lowest point is 5500 dollars, and the price continues to rise as soon as it touches the $ 5,000 range, so it is unlikely "given the current situation" the rate fell below $ 5000.
There has been a drop of $ 300 yesterday, which means $ 8,000 is not real.
Bitcoin is a volatile cryptocurrency but it is good successful platform for long term holders. So this price fluctuation is common because 300 USD is daily changes but this will move 1k USD down you will fear in this platform. So surely it is safest investment and my prediction is 10k USD in end of August. The lowest point is 5500 dollars, and the price continues to rise as soon as it touches the $ 5,000 range, so it is unlikely "given the current situation" the rate fell below $ 5000.
There has been a drop of $ 300 yesterday, which means $ 8,000 is not real.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
It wasn't a bull run, it was simply a an increase in the price that lasted a few weeks, you can't call that a "bull run". But I agree with the last part, I don't think we'll go below 6k, mainly because I believe we've found a new floor around the 6k-7k range. Obviously, this could change if the whales decide to start a massive btc dump wave, but I believe the price should hold pretty well around those numbers. I don't expect us to test low levels (6k or even the last bottom around 5.7k) in a very long time (i'm being bullish, I know).
The price was around $ 6,000 last week, so going back to 6000 is not ruled out.
The lowest point is 5500 dollars, and the price continues to rise as soon as it touches the $ 5,000 range, so it is unlikely "given the current situation" the rate fell below $ 5000.
There has been a drop of $ 300 yesterday, which means $ 8,000 is not real.
So I expected the price to reach $ 7600 at the beginning of August as it continues at those levels until the middle of that month.
The lowest point is 5500 dollars, and the price continues to rise as soon as it touches the $ 5,000 range, so it is unlikely "given the current situation" the rate fell below $ 5000.
There has been a drop of $ 300 yesterday, which means $ 8,000 is not real.
So I expected the price to reach $ 7600 at the beginning of August as it continues at those levels until the middle of that month.
Yes, I agree that if we ever face another declined, it will not go below $6K. Actually, we might not see another bottom below $6K because there's a lot of positive news that will be coming in the next couple of months.
It's not likely to go below $6000 once again, but impossible to rule out either.
It's important to realize that when the SX & VanEck ETF gets rejected, we will fall considerably where altcoins will start to catch up on Bitcoin again. People are not interested in the tech of coins or how secure or decentralized they are; they just jump on the next train in case it offers more profit potential, and altcoins do offer that profit potential, more so than Bitcoin. The less you expect of the market in the short term the less disappointment you have to go through.
Positive news is a tool to fool the mass and it only "works" when we are going up.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
just calm down, I do not trust this kind of prediction. This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
after all I never trust the predictions about bitcoin, because it's useless to do it, bitcoin will never be predicted.
i think it is a perfectly reasonable prediction and the good thing about it is that it is based on facts not just a guess which is what most people do. and it is the safest prediction to make because $6k is proven to be the unbreakable bottom but a little less safe prediction would be that the bottom has already increased which means in case of a drop we will end up higher than the previous one.
I predict that even though the current bull run appears to be over
Over? that quick? you mean the bear market? I'm still even doubting that we're in the bull after those rapid increases.This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
I understand your prediction but if you think that this has been the support its okay. But I think the support has increased to $7,500.Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
Good luck on your future predictions and there must be more of technical analysis on it. 
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
I think that your prediction is wrong because the market price of bitcoins drop to $5.8k dollar but it increase immediately back to $6k in just a few hours, it only means that there are big whales who are waiting for a huge dump in the market.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
Actually, i'm sicked of these predictions because there are lot them for this year that did not happen as desired like they said May is the start of a bullish run but what actually happen was the market is in more difficult specially Bitcoin therefore i rather to wait and see than listening to the predictions because it will just make us disappointed if we believe them but anyway this is better than spreading FUD that will only make the market worst.
And bitcoin is going back up again. My prediction is already wrong.
With cryptocurrencies in general when you give a logic prediction you always win. Saying Bitcoin will fall is true and it happened. Saying it will rise, yes it happened too, unless you predict something over $10,000 in a short period.The important parameters is not the price movement in fact, it is adoption then comes the level in which the price could resist above.
that is only true about bitcoin not cryptocurrencies in general sine the real adoption has only so far happened for bitcoin and most of the altcoins aren't even ready for the real world or capable of it even in some cases.
and regarding $10k I have to say it is not such a far away target to be impossible for a short term. it is only a small 20ish percent rise which is really nothing for bitcoin. I think you should have said $100k in short term.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
well yes of course because 6k is the current bottom price since the volatility of market keep trying to break the resistance , and in my prediction probably even $6500 is impossible to break on this circumstances which is on this sudden decrease of progress. Because market still have potential to increase again base on the pattern nowadays. This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
And bitcoin is going back up again. My prediction is already wrong.
With cryptocurrencies in general when you give a logic prediction you always win. Saying Bitcoin will fall is true and it happened. Saying it will rise, yes it happened too, unless you predict something over $10,000 in a short period.The important parameters is not the price movement in fact, it is adoption then comes the level in which the price could resist above.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
The bull run is not yet finished, bitcoin is still going up and rebounded in the last 24 hours. It went from $8200-$7800, but it looks like the price is almost $8200 again. The decline was triggered by the disapproval of the Winklevoss 2nd appeal for Bitcoin ETF, but the effort is short live.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
Yes, I agree that if we ever face another declined, it will not go below $6K. Actually, we might not see another bottom below $6K because there's a lot of positive news that will be coming in the next couple of months.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.
Bitcoin can be quite susceptible to manipulation and panic sometimes, so if we'll return to more bearish market, prices below $6,000 are possible for short periods. A good example of such crash can be the one that happened last year when China banned exchanges.
But also it's too early to say that this bull run is over, the market is still waiting for ETF decisions and there's a lot of hope.
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
This prediction is just based on looking at price variations in 2018. $6000 appears to have support.
it wasn't exactly a bull run in my opinion. what we had was just a simple rise, you may even call it a recovery after going lower than it should have gone so now the market is correcting itself. and it is not over. it just slowed down and we had some drama yesterday which caused that temporary small drop.
as for the drop, i don't expect it to go under $6k for the same reasons but also i don't expect it to go below $7k or at least $6.7k since the bottom is also coming up: lower lows.
Prediction is prediction and not possible to happen or possible to happen. We have different prediction and everyone are free to predict but other people predict to much like 1,000,000 dollars and that is really impossble to reach bitcoin value.
All need trust in Bitcoin, hopefully this is the lowest price of Bitcoin at this price, now it only takes positive news to be more confident in the market, in a few months maybe Bitcoin will bounce back to show that ETF has no big effect on it, assuming that, no matter what happens I keep enjoying it, it's just a big renewal after a tremendous rise, trying to rebuild the foundation to stay firmly on the hill, trusting the future for many to contribute to Bitcoin and new funding little by little.
Your "trust" is based on the price and not Bitcoin itself, which is wrong. The price isn't worth any of your trust because of how unreliable the short term market is. Literally everything can happen still.I wouldn't even be surprised to see the market yet again test the $6000 mark and probably not hold it. If we test that level too often, the demand isn't there and we'll likely see the price fall much and much lower.
People often say that triple bottoms are a bullish sign, but what if we keep testing it? That can't be too bullish, right? We have to accept that when there isn't any demand the price will reflect that. Being overly bullish means nothing.
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