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Topic: The Next Bitcoin Short (Read 293 times)

full member
Activity: 280
Merit: 101
December 11, 2017, 07:03:12 PM
#6
Now the price is not over than $15k per bitcoin. It goes up and down so stable and not like before.
I like this price run because it moves not so fast. Short time i will say bitcoin will reach $20k then correction after that
member
Activity: 148
Merit: 11
December 11, 2017, 06:50:03 PM
#5
I'll bet it will be between 18 to 19K. There will be multiple testing of this resistance before it finally breaks it and record a new all time high. That has always been with bitcoin or any commodity. Currently that is our resistance level and I doubt it will be broken any time soon.
full member
Activity: 336
Merit: 100
December 11, 2017, 06:08:03 PM
#4
Probably before 20k, round numbers always seem to provide a lot of resistance, I suspect we may see bitcoin somewhere around 19k tomorrow or the day after before another fall to about 16k. This isn't based of any techinical analysis, just my simple opinion by watching how it traditionally moves.
full member
Activity: 2520
Merit: 204
OrangeFren.com
December 11, 2017, 05:56:57 PM
#3
Bitcoin was trading just under $20,000 right before the weekend, then dropped around $6,000 and is slowly picking up for the next long. David Chapman, who accurately predicted BTC would hit at least $10,000 before the end of the year, now predicts $100,000 by the end of next year. Knowing how BTC ebbs and flows, a what price do you think the next short will happen?

https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/

hard to vote abd also hard to explained about the next bitcoin short, actually on my own analysis no shortage happen to bitcoin as virtual cryptocurrency the reason why the bitcoin being decentralized are part of the new moedern era of technology.
progressive of new techonolgy bitcoin also continue to upgrade
bitcoin using internet connection and internet continue to upgrade of speed access bitcoin continue to progress
the mining can mine more bitcoin or other coins to contribute if the scenario you are worrying bitcoin become shotatge
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
December 11, 2017, 05:37:52 PM
#2
Once that it hits $20500 it will start to go down again, just like it always happened, everytime that there is a psycho barrier, it breaks down a few thousands and then go up again.

I really think that it will be touching $20k, and then go down to $18 or $18,5, this is my though.

Knowing how BTC ebbs and flows, a what price do you think the next short will happen?

It will happen sooner or later, there have always been some retracements but that is normal, we all need a little dip in order to re-stock our portfolios with more coins.
full member
Activity: 490
Merit: 101
December 11, 2017, 04:49:37 PM
#1
Bitcoin was trading just under $20,000 right before the weekend, then dropped around $6,000 and is slowly picking up for the next long. David Chapman, who accurately predicted BTC would hit at least $10,000 before the end of the year, now predicts $100,000 by the end of next year. Knowing how BTC ebbs and flows, a what price do you think the next short will happen?

https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/
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