the next checkpoint $13,800 - page 2.

Hippocrypto

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Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

Very rarely has bitcoin price gone below the 200 WMA and when it did it has recovered after a month or two. Not sure why $30,000 seemed to be checkpoint that took some time to go through other than it is a round number and maybe people had positions at that mark. Anyhow I see no reason why it cannot fall to the current 200 wma ($13,800?) after maybe slowing at $20,000 for the same reason as $30,000.

So I think bitcoin at its current price ($29,000 ish) is great buying but if people spread their buying out a little over time (next few months?) I think they will benefit even more.

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)

We already surpassed that attempt of going down mate, and price below $30k has been corrected already the last time it crashed. However, the recovery was too fast and we're at $34k heading towards upward trend. If we can't survive this current movements, most probably there's a slight downfalls then we're good to go at $60k once again stabilizing in preparation for $100k predictions.

Slow death

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with the break of $33000 it seems to me that we will no longer see the price reach $13000 and to be honest even if we had a big catastrophe the price would not fall so low as to drop to $13000, at most in my opinion we would see 22000$ if the price would fall below $28000 and as I had said or predicted the price would not go to $28000 because whenever it touched that zone it was rejected and immediately went up to $33000 which revealed a strong interest of people in buying in this $28000 zone

ReiMomo

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Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

I am one among who felt "I should have bought bitcoin or saved the bitcoin I earned in 2016 when it was around $400 and in 2019 when BTC was around $4k to $5k". I almost had 2 btc from earnings without investing on it. Current situation makes me feel the same but would let it go down to $20k to $25k. So I feel, this is the last opportunity one can opt more bitcoin.

TravelMug

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Quote from: South Park on July 24, 2021, 03:07:43 PM

Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

Very rarely has bitcoin price gone below the 200 WMA and when it did it has recovered after a month or two. Not sure why $30,000 seemed to be checkpoint that took some time to go through other than it is a round number and maybe people had positions at that mark. Anyhow I see no reason why it cannot fall to the current 200 wma ($13,800?) after maybe slowing at $20,000 for the same reason as $30,000.

So I think bitcoin at its current price ($29,000 ish) is great buying but if people spread their buying out a little over time (next few months?) I think they will benefit even more.

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)

I do not know, the prediction seems really low and we will basically be very close the where this whole bull run started, you may be right but I do not see it, I think it is way more likely that at worst for now we see a 25k price and then a lot of people will get scared and sell their coins and we finally see a tremendous recovery by the end of the year, and then and only then we could see the price crashing and remain at very low levels for a long time giving us the opportunity to buy bitcoin for cheap again.

Not sure about the $25k price, but seeing how the market is bouncing in the last couple of days, it seems that we are not going that low in the next 2 months or so. And after that huge dip at $29k, we are not heading to $35k. So for obvious reasons, it was the buying price that everyone is looking for as they many investors fill their bags again with cheap bitcoin.

Of course, for us average joe, a good $25 price is good, but I don't we will reach but as majority have said, the 200MA is a good indicator as we are still in the uptrend generally speaking.

South Park

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Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

Very rarely has bitcoin price gone below the 200 WMA and when it did it has recovered after a month or two. Not sure why $30,000 seemed to be checkpoint that took some time to go through other than it is a round number and maybe people had positions at that mark. Anyhow I see no reason why it cannot fall to the current 200 wma ($13,800?) after maybe slowing at $20,000 for the same reason as $30,000.

So I think bitcoin at its current price ($29,000 ish) is great buying but if people spread their buying out a little over time (next few months?) I think they will benefit even more.

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)

I do not know, the prediction seems really low and we will basically be very close the where this whole bull run started, you may be right but I do not see it, I think it is way more likely that at worst for now we see a 25k price and then a lot of people will get scared and sell their coins and we finally see a tremendous recovery by the end of the year, and then and only then we could see the price crashing and remain at very low levels for a long time giving us the opportunity to buy bitcoin for cheap again.

Oceat

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Quote from: rahmatrf331 on July 22, 2021, 11:00:23 PM

all markets are manipulated and no one is honest. the fall of bitcoin from $ 64,000 to $ 28,000 was very painful for investors, especially if you expect bitcoin to go down $ 13,800 it hurts like a knife in the heart.
since it's called a market, I think the $28,000 drop rate is enough and it's full. it's time bitcoin can go and no need to look back again.

Who is actually buying during the $60k+ when they could actually buy it low before the bull run starts last year? Of course, it would hurt like hell if someone actually buy when the price is in the peak. I couldn't imagine someone would actually join the bandwagon after they saw the price spike and grow but only buy during its peak.

Price manipulation?

We are already in there when Elon Musk suddenly leave the market that causes the price to plunge to where we are now. But it seems that it didn't create enough fud to bring the price down below $30k.

buwaytress

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Yeah, actually 200MA has been my go-to line on the rare occasion I do check, and even that's proven to be a pretty good indication of bargain price, as much as TA goes for me.

Purely arbitrary also has been the even rarer event, where Bitcoin's never revisited an ATH from the past cycle so I'm pretty confident we don't see 20k again -- and if we do, it should cause some sort of panic, so that 13k mark does seem possible at this stage (if we break 20k support, that s).

michellee

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Quote from: Clavulanic on July 23, 2021, 06:34:55 PM

Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

Very rarely has bitcoin price gone below the 200 WMA and when it did it has recovered after a month or two. Not sure why $30,000 seemed to be checkpoint that took some time to go through other than it is a round number and maybe people had positions at that mark. Anyhow I see no reason why it cannot fall to the current 200 wma ($13,800?) after maybe slowing at $20,000 for the same reason as $30,000.

So I think bitcoin at its current price ($29,000 ish) is great buying but if people spread their buying out a little over time (next few months?) I think they will benefit even more.

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)

We're too far from that specific projections mate, there might be several attempts fo downturns lately fearing to see btc goes down below $30k but that doesn't come to fulfillment due to quick recovery. Most hungry investors took opportunity of the situation, then buying back additional asset is their best strategy. If they're not seeing a good potential from btc, we won't experience all those positive responses.

Hopefully, that will not happen this year or next year and the price can sustain at the current price and bounce to the high price for the rest of this year. If that can happen, maybe the bottom of bitcoin price in the next year will change and we will not see $30k or $40k for the lowest price of bitcoin, although that could still possibly happen in the future. I am sure the investors already took their opportunity by buying bitcoin at $29k yesterday and now, they are waiting for the bounce for the price or if the price still goes down, they will make sure to buy more, especially if the price is the same touch below $29k.

Dave1

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Quote from: dimonstration on July 23, 2021, 07:47:06 AM

A bit got loss on the content of the thread. I think everyone is focusing on the without reading the content but the general point this post was 29K is the checkpoint if the price slow down falling on 20K price. He has a point on his analysis since he is just referring to the 200MA. 13,800$ is not that far considering how cryptomarket move.

Of course, even if you check the 50 MA, still points to $13,800 as the checkpoint so it's not that far technically speaking. But as far as the fundamentals goes, bitcoin is now very strong, it's now above $33k, from a weak point of around $29k about a week ago.

So we are moving far from the $13,800 prediction and if you zoom out, we could be heading to the obvious sideways range again.

Clavulanic

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Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

Very rarely has bitcoin price gone below the 200 WMA and when it did it has recovered after a month or two. Not sure why $30,000 seemed to be checkpoint that took some time to go through other than it is a round number and maybe people had positions at that mark. Anyhow I see no reason why it cannot fall to the current 200 wma ($13,800?) after maybe slowing at $20,000 for the same reason as $30,000.

So I think bitcoin at its current price ($29,000 ish) is great buying but if people spread their buying out a little over time (next few months?) I think they will benefit even more.

To me this $12,000-$29,000 is the same opportunity we were all afforded when bitcoin was last "cheap " at about $250 in June 2015 and about $3,300 in February 2019.

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)

We're too far from that specific projections mate, there might be several attempts fo downturns lately fearing to see btc goes down below $30k but that doesn't come to fulfillment due to quick recovery. Most hungry investors took opportunity of the situation, then buying back additional asset is their best strategy. If they're not seeing a good potential from btc, we won't experience all those positive responses.

el kaka22

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This is the type of topics we need, it is a reminder to everyone here that we are sooooo high right now that 13.8k is considered a horrible thing, just a year ago it was nearly a 40% increase from the price we were at, and now it is a hooorrible drop that we do not want anymore.

I do not think that we will hit that price at all but I do believe that there is a good chance we could end up with something that is going to get us happy again, like maybe 40k again, or maybe even higher. Why? Because we have seen what happened when the price tried to go down, when the price fails to go down like that many wealthy people realize that it is time to end up trying to make it go down and start trying to make it go up, that is how they manipulate it. They first try to sell a few to make people get scared and sell even more and then they buy at lower, but if it fails to go lower then they start to buy a bit and make it hyped so it goes up.

$crypto$

legendary

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Quote from: Jating on July 23, 2021, 06:52:14 AM

Quote from: UnDerDoG81 on July 23, 2021, 04:59:53 AM

~

Nah, I don't think it will happen, just another simulation and it seems to be ridiculous scenario to me.

So I also don't see bitcoin going on this price. And as far as checkpoint goes, there is $15k $20k, $25k support levels. Just imagine seeing the price going to $20k? Isn't it a bargain and I don't think that investors will just let this one slip away. They are going to invest tons of money again in the market, so recovery is there all the time if those checkpoints have been broken.

This will not happen, it will definitely be kept as low as possible because the checkpoint will definitely be closely guarded by investors and not let it go so low.

There's no sign that it's too bad for this fall to last longer at around $30k I don't know if they're ready to buy now or waiting for another low so I don't think it's possible to cross it just a good way to take advantage when there is a decline a little, then we are ready with our money, we just need to take it in the short term, if we want it bigger, we just have to hold on to it.

Gozie51

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Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

Arguably with bitcoin on average doubling every year any time is good buying but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

(this is not financial advice)

On the average, more people have speculated more drop for bitcoin than those speculating higher. No doubt that bitcoin has been struggling to get out from the bear zone only waiting for positive news to change all the down speculation. All we can do is to predict but I understand that big buyers have a role to play on this if they enter the market with big buy. Bitcoin has the history of dropping after the bull and someiit takes more than a year to come back. The current price of $32,412 has shown the rate of struggle not to go beyond $30,000. This time is still good for a buy because nobody knows when the train will kick off.

dimonstration

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A bit got loss on the content of the thread. I think everyone is focusing on the without reading the content but the general point this post was 29K is the checkpoint if the price slow down falling on 20K price. He has a point on his analysis since he is just referring to the 200MA. 13,800$ is not that far considering how cryptomarket move.

Reid

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Opportunity is too rare when we talk about Bitcoin. I had my share of regrets too.
There is no exact measure of time into when it will be dumped again or better, pumped.
That's why I have taken the risk when it fell to 29k-ish which I think was too low and should be the purchasing point for every investor who believes it will be profitable for the next month or two.
It was. I am 3k up already and I don't mind selling but IMO, there's still room for a move up.

Yaunfitda

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Quote from: pealr12 on July 23, 2021, 07:13:40 AM

Never say neer, but to think btc will go as low as $13,500 this period is very hard to belive, since nothing is impossible in crypto space, i can only wait and watch where the price go next, i like to think from here on we will be going up, $13,500 will be too dip to recover quickly from, if this happens i jusy hope to be able to buy whatever i can squeeze out

Of course, we should take advantage if the price reaches that low and we should be prepared for the eventually. But so far no signs are pointing to $13,500, on the contrary we might seen $33k-$35k again this month. Which is somewhat the price range in the last 1 month or so. We never break $40k or at least not sustained it in the long run. So maybe there is a slim chance for a dump, and the best thing to do is to take advantage of that bitcoin bargain hunting.

pealr12

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Never say neer, but to think btc will go as low as $13,500 this period is very hard to belive, since nothing is impossible in crypto space, i can only wait and watch where the price go next, i like to think from here on we will be going up, $13,500 will be too dip to recover quickly from, if this happens i jusy hope to be able to buy whatever i can squeeze out

NeuroticFish

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Quote from: slowlyslowly on July 21, 2021, 12:11:08 AM

I see no reason why it cannot fall to the current 200 wma ($13,800?)
~snip~
but now is a superb time to buy. And who knows when or if ever again the stars will be so aligned.

Somehow I see these statements as contradictory Wink

Clearly there will be some who will wait for the price to get to 13800$, 10000$, 1000$ or whatever, missing the opportunities, no matter how superb they are.
The news are full with newer and newer sources of fiat that will fill the market, obviously leading to a new solid bull run - sooner or later -, and only the too short sighted can ignore that.

I don't say that I have a crystal ball, but I don't see the 13800$ as something that can really happen this year. So I'll agree only with the "superb time to buy" part.

Of course, this is also not an investment advice.

Jating

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Quote from: UnDerDoG81 on July 23, 2021, 04:59:53 AM

Only scenario I see going to 13.8k or more likely down to $0 is, if Klaus Schwab and his WEF gang start their cyber pandemic (they simulated it on July 9th 2021, just like they simulated covid outbreak (event 201) months (October 2019) before the actual covid outbreak) where the internet will not be accessible for weeks/months, leading to a global chaos, food shortages etc. Then they will blame it on Russian hackers and will give people only access to the internet with a digital ID passport. Cloudflare CEO agreed on this already. They will track each step you do, what websites you visit etc. And this time legally, since, just like Covid, its an global emergency. It is to protect you. Its for your safety. Just like any crisis before, the governments need to create a crisis to implement new laws that could not have been implemented without that crisis.

Thats when crypto will become worthless, since there will be no more privacy. Thats their only chance to destroy crypto. And earlier or later they will do this. You read it now daily on the news, that major websites are down, more often the internet is not accessible, sometimes your mobile is not working etc. Its them. They preparing people to whats coming. But involved media is telling people its once again the evil Russians.

Nah, I don't think it will happen, just another simulation and it seems to be ridiculous scenario to me.

So I also don't see bitcoin going on this price. And as far as checkpoint goes, there is $15k $20k, $25k support levels. Just imagine seeing the price going to $20k? Isn't it a bargain and I don't think that investors will just let this one slip away. They are going to invest tons of money again in the market, so recovery is there all the time if those checkpoints have been broken.

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Quote from: ILuckyGuyI on July 23, 2021, 02:55:53 AM

Yeah, it's good to spread our investments. I don't think that it's good to buy at only one specific level. Because it's a big risk as the price can fall a great deal. It's better to buy at different levels to manage our investments more effectively. We can make more profit because of doing it.

There are merits to both because if you think about it, not spreading and going all in could be good for you because you never know if the price is going to go up and will end up with you having some leftover funds not invested because you planned to split it in levels thinking that it will go down much lower than what you previously bought.

Topic: the next checkpoint $13,800 - page 2. (Read 447 times)