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Topic: Resistance level of BTC (Read 732 times)

sr. member
Activity: 504
Merit: 250
November 27, 2017, 01:35:53 AM
#34
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
There is not such a certain level, I decided to sell it realizing that the price is already very low will not fall, but higher will rise even more. Therefore, he went into the alternative branch of altcoins, it still looks much more promising.
hero member
Activity: 910
Merit: 509
November 27, 2017, 12:03:57 AM
#33
Waiting for a big correction down to $6,000 level before the fork, after the fork nobody knows what will happen...
I do not think that before fork the price will decrease to 6000$. I think that the price of bitcoin will continue increasing tell the fork and after fork we can expect a little correction. But it will also not affect the price too much, because investors are now too much mature and they never let the price of bitcoin down so much, but give good support to bitcoin.
sr. member
Activity: 392
Merit: 250
November 25, 2017, 08:34:35 AM
#32
What resistance? Bitcoin is always eating its resistance. Everyday new ATH (All time high) record was published. I wont be surprise if we will hit 8k in this Bitcoin rally. Soon $10,000!!! Congrats to both of us who see this marvelous Bitcoin rally !

What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
Its true that bitcoin price is reaching daily ATH.Its price has reached $8,581 today.Those who have resistance levels should have to just wait expecting bitcoin to reach and bitcoin would be just travelling in the opposite direction.People expecting a price dip would have to miss the train.
full member
Activity: 368
Merit: 104
November 25, 2017, 07:07:48 AM
#31
I am a bitcoin bear. I lose from this trade when bitcoin jumped to 6400. Actually all btc was already turned to Usdt while the price is 5700. Bitcoin is very unpredictable.
Some told that the resistance is 8k, others is 7k while others said it is 6.5k
That is one crazy shit about bitcoin and it is so unpredictable, which is why trading bitcoin is one crazy thing to do as deep emotions will always flow if you miss the right moments. Resistance for now can be 8k, we might see $7800 - $7900, and then a little correction again at maybe $6500-$6800.

But the honest truth is that, these are just speculations and bitcoin can surprise anyone.
Bitcoin always make us surprise. Bitcoin is in fact the potential to increase more and more. We can expect that the price of bitcoin can cross even 10000$ in next few months. But it is also right to say that the price of bitcoin can take a correction and the price will temporarily dump a little.
sr. member
Activity: 924
Merit: 260
November 07, 2017, 02:28:46 AM
#30
The current resistance levels and upon break that level we may be seeing bitcoin heading to $8000 is $7597. There was a lot of push between the bull and the bear around this level yesterday and the price has taken a pulled back in other to gather strong momentum to break that level in the next pump. I have seen that bitcoin will break  $8,000 resistance in the next few days and buying now still remains the best options to any wise investors.
hero member
Activity: 2660
Merit: 551
November 07, 2017, 01:42:46 AM
#29
There is no static price or resistant level. Price is always changing uptrend in bitcoin. I would rather buy in percentage. Anytime there is 20% correction, I buy. And if there is 20% in a given price increase I buy also.

Its gonna be hard to think of a resistant level. I think there some correlation between the increasing price and resistance level as well. Specially this month alone, we see a lot of upswings and roller coaster moved of the price of bitcoin. I guess it really depend on the traders as what to him is the resistance, if he thinks that the price has significantly drop then its time for him to buy as also. Personally $4-$5 would be a good entry point, I guess.
sr. member
Activity: 938
Merit: 251
November 06, 2017, 10:54:42 PM
#28
There is no static price or resistant level. Price is always changing uptrend in bitcoin. I would rather buy in percentage. Anytime there is 20% correction, I buy. And if there is 20% in a given price increase I buy also.
full member
Activity: 420
Merit: 102
November 06, 2017, 09:55:08 PM
#27
In my opinion the Resistance level of Bitcoin is when Bitcoin price going down to about 10% , this level nice area to buy more BTC for long term investment. I have seen before even any bad news about Bitcoin but the price just going down little bit and rebounce again.
sr. member
Activity: 700
Merit: 275
November 06, 2017, 09:30:06 PM
#26

There is no resistance level for the bitcoin at the movement but I would really want it to see at 4-5K USD. This will give myself 2K window to buy the bitcoin if the 7K USD is considered as the break even at this timeline. :-)


This will give me great opportunity to stock up some bitcoin and I’m ready to do it if I know that bitcoin will cross my specified break even point and it will surely if the market development and popularity of bitcoin keeps rising like this. :-)
newbie
Activity: 29
Merit: 0
November 06, 2017, 04:58:31 PM
#25
The resistance level of btc is very
Un predictable due to its unstable rate. But i think the btc is
Heading upward but we should still look out.
hero member
Activity: 700
Merit: 500
November 06, 2017, 04:35:17 PM
#24
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
I can't predict a resistance level for BTC and don't expect it to happen because its demand is always too high than the supply that's why its price is increasing rapidly and is continue to grow more even to the $8000 or more. If the price drops even around $500 to $600 then surely it would be the best time to buy as much as you can because the price is elevating high to the sky and it would be the biggest opportunity to grab.
That is in fact not so easy to predict about the resistance level of bitcoin. I think bitcoin price has still too much potential and the present news about the fork are also responsible for the increasing price of bitcoin, and i think this trend can continue tell the fork. Although price of bitcoin is currently trading in a low price as compare to previous week when it reached to 76000$, but still we can expect that the price of bitcoin can continue increasing in future also.
legendary
Activity: 1330
Merit: 1003
November 06, 2017, 04:15:58 PM
#23
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?

I think every $1,000 at this point, or even every $500 will bring significant resistance. These are still relatively huge gaps in price even for Bitcoin. I mean $500 is still 7.5% or so the price of one Bitcoin. That is pretty crazy to think there are 5-10% swings regularly, but with that said it is very hard to estimate real resistance given the high variance in crypto.
full member
Activity: 217
Merit: 120
Presale is live!
November 06, 2017, 04:02:38 PM
#22
The resistance level of BTC is going to be hard to guess from now on because of all the new people and money coming into the space. For sure it is going to start exploding though because of how much bitcoins are left for people to mine. The supply is becoming more and more scarce and the demand is becoming higher and higher, what do you think will happen to the price?
full member
Activity: 490
Merit: 100
November 06, 2017, 03:18:17 PM
#21
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?

Bitcoin has made a new high today @7600 iam seeing the resistance level at $10k. If by chance BTC move downwards then I will go in @$3000 and exit whenever it makes new high may be $7700
legendary
Activity: 3052
Merit: 1188
November 06, 2017, 02:15:45 PM
#20
Ah thats like a dream question and my dream says I would watch the price of bitcoin to fall all the way down to $100 to 500 and that would be the day I will buy bitcoin in dozens of amount and will hold it at least for five years from there onwards. Because I will have the idea already that it will be 10K or so soon after the people start investing money into it. For sure I’m buying at the rate of 1K, 2K also because that is still good opportunity. I mean with couple of hundred investment and with current rates the profits would be more than 50 times and who won’t be wanting that to happen. My resistance level is far below and I would watch it fall like anything if it is gonna come back to old rates.
LOL. That is a dream we both know can never come to pass unless something pretty huge happens. We cannot always have it all and would you even watch it to fall that bad before you get in. Do you know how many people would even wish they had bought at $4000 right now and fast they would gulp it, if it ever did.

For now, I guess we just have to stick with the current situation, if something crazy happens for sure, we buy pretty much more but I doubt it ever will, at least not as worst as what China caused in the past.
copper member
Activity: 1050
Merit: 294
November 06, 2017, 01:35:07 PM
#19
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
I can't predict a resistance level for BTC and don't expect it to happen because its demand is always too high than the supply that's why its price is increasing rapidly and is continue to grow more even to the $8000 or more. If the price drops even around $500 to $600 then surely it would be the best time to buy as much as you can because the price is elevating high to the sky and it would be the biggest opportunity to grab.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
November 06, 2017, 01:05:44 PM
#18
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
When we do say about resistance level then we should see the ATH since thats the point on where the price didnt able to break out which means resistance if we do base on technical terms and you wont really be dumb on buying on those resistance levels and now we should really wait for the pullback or price corrections after the fork event because this is the time on where prices would really be cheap and the best time to buy cheaper coins.
legendary
Activity: 1372
Merit: 1005
November 06, 2017, 12:51:52 PM
#17
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
Resistance level is meant to be a market level at which the bears counter the buying pressure of the bulls and that goes to say, you don't get to buy at a resistance level, you sell instead. If we mean to buy low and sell high, we would buy at support levels and sell at resistance levels, otherwise we would actually be buying high and selling low, which is not what any trader would want to do.

Something worthy of note is that these levels are not arbitrary but are established by actions and reactions from the market, so it is not a matter of any number/level goes!

Every traders are looking into buy the bitcoins in the time bitcoin price is low and selling it back when the value is high dude. This is what the traders are looking for always. If you want to invest your amount in trading platform. You can follow this above thumb rule.
You please level for your amount in trading investment alone. Not for any other things.
sr. member
Activity: 381
Merit: 250
November 06, 2017, 12:27:21 PM
#16
Waiting for a big correction down to $6,000 level before the fork, after the fork nobody knows what will happen...
hero member
Activity: 1134
Merit: 517
November 06, 2017, 11:54:05 AM
#15
What resistance levels do you have for BTC, and at which level would you buy a lot of BTC if it got there?
Resistance level is meant to be a market level at which the bears counter the buying pressure of the bulls and that goes to say, you don't get to buy at a resistance level, you sell instead. If we mean to buy low and sell high, we would buy at support levels and sell at resistance levels, otherwise we would actually be buying high and selling low, which is not what any trader would want to do.

Something worthy of note is that these levels are not arbitrary but are established by actions and reactions from the market, so it is not a matter of any number/level goes!
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