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squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: Joe200 on November 16, 2017, 03:09:18 PM

Keep voting.

I guess you're hoping for a double top?

After breaking to new highs and therefore running stops on short positions, it makes sense to see some sell pressure. There are always traders anticipating a double top, so this setup usually makes for a decent intraday trade. However, I suspect that we won't drop below the resistance in the $7500s which should now become support. I think this will be a short consolidation before another face-melting rally.

I really think $10k is on the menu soon.

joinfree

sr. member

Activity: 1274

Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

It dropped more than 30% on the last week, and we have recovered from that dump and we are up by another 20 - 25 percent, It is incredible, but it really happened.
Those who bought bitcoin at 5200 dollars each one were the real game changer in all this situation.
Soon it will be touching a new all time high and maybe all of your predictions were right, well, the predictions of the people who voted in here i mean.
How much do you think that it will go in the next hours? it is incredible.

eminemcookie

full member

Activity: 364

Merit: 123

Impossible to answer because I think anything capable of causing a 50% drop will do so irrespective of the price we are at. We could reach 100k before we have a major shock or we could not reach 10k. To create that sort of fall will take something pretty major in terms of a failure in bitcoin or some big regulatory changes.

Joe200

sr. member

Activity: 317

Merit: 252

Keep voting.

Joe200

sr. member

Activity: 317

Merit: 252

The price has stopped climbing since the jump about 2 weeks ago. We're no longer in danger of being overbought.

We are close to being at a fib level. Since we are not overbought, we can move higher, perhaps to the next fib level at 9500.

Ararbermas

sr. member

Activity: 2016

Merit: 283

In my prediction it will be on the top of 7k$ or 8k$ since the good news about bitcoin made all over in the internet I've been mading prediction on it. .lol but not much cause i am not hoping for a huge jump because of its volatility always happened when bitcoin rocketed. but much better to the top of 10k but i think its imposible . Who knows i am very thankful if that times happened.

Serpens66

legendary

Activity: 2940

Merit: 1131

I voted 8.6k because it was the option next to 10k $.
I think most people fear the big 10k$, so it won't get over 10k that soon, before the big 50% dump will happen.
But because most people fear this number, they will start selling even before reaching 10k itself. So maybe at 8.6k or 9500USD or something in between.
But it will not reach 10k before the big dump happend.

Joe200

sr. member

Activity: 317

Merit: 252

Quote from: Biodom on October 20, 2017, 03:42:31 PM

26K, because Trace Meyer and BETI both said/indicated so, or close enough.

Link?

fabiorem

sr. member

Activity: 1400

Merit: 347

12k, because any pump after 5k have banksters money on it.

First GS, and now JP Morgan, are buying stashes of it. When they dump, it will be hard. I think they will dump on 12k, because most people will think it will be in 10k, so the banksters will look for a non-round number. On 12k, a fall of 60% bring the price down to $4800, right where they probably started pumping it.

ChainSmoker

full member

Activity: 294

Merit: 100

Quote from: Joe200 on October 20, 2017, 02:31:29 PM

Explain your answer.

I didn't voted any option because i don't think bitcoin will go so high for 50% drop afterwords.I think the trend that is happening right now will continue in future too i.e we hit ATH and break it and then we have small correction and price stabilize at that level for few days then some good news come and we see another ATH and this process repeats.With current bitcoin adoption,i don't expect a 50% drop in short time Tongue

pitham1

legendary

Activity: 1232

Merit: 1000

$8k and a retrace to $4k after that. We seem to be following a push-consolidate-push strategy. $6k is high but I think we still have some distance to go before the trend reverses. $10k might be too high before the next reversal. WE will get to $10k eventually, but not immediately.

Joe200

sr. member

Activity: 317

Merit: 252

Quote from: squatter on October 20, 2017, 06:47:42 PM

Quote from: Joe200 on October 20, 2017, 02:31:29 PM

Explain your answer.

I have to think $10,000 is a psychological barrier. Then again, we probably assumed that $1,000 was a similar barrier, yet we didn't top until we nearly reached $1200. Markets being what they are, I think we would either overshoot or undershoot the target. So I'll say somewhere between $9,000-12,000.

It's been a while since I checked up on Masterluc's analysis, but I recall that he also had a mid term target in the $9,000 area... not sure if that's changed or not. But that general range seems like a good profit-taking point for a lot of early adopters.

$10k is my initial thought too. It has to overshoot because it's such a big move. No way it undershoots. Everyone wants it.

How far does it "overshoot". Just by a little to something like $12k? Depends on how you look at the chart, an "overshoot" can be a lot higher.

I have to check out Masterluc.

Joe200

sr. member

Activity: 317

Merit: 252

Quote from: AtheistAKASaneBrain on October 20, 2017, 06:02:11 PM

Quote from: Joe200 on October 20, 2017, 02:58:52 PM

Quote from: spazzdla on October 20, 2017, 02:42:30 PM

Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .

I don't see anything triggering a 50% drop unless we see something similar to a big government ban, that could get us to a bear market. The possibility of segwit2x turning out a real disaster and causing major damage due the confusion derived from the two tokens could also bring a bear market, but I think we will get past it better than most expect and S2X will be just another shitcoin.

Just keep holding through the drama, and you will be victorious in the long term.

At some point, there will be a drop. It's happened before, it will happen again.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: Joe200 on October 20, 2017, 02:31:29 PM

Explain your answer.

I have to think $10,000 is a psychological barrier. Then again, we probably assumed that $1,000 was a similar barrier, yet we didn't top until we nearly reached $1200. Markets being what they are, I think we would either overshoot or undershoot the target. So I'll say somewhere between $9,000-12,000.

It's been a while since I checked up on Masterluc's analysis, but I recall that he also had a mid term target in the $9,000 area... not sure if that's changed or not. But that general range seems like a good profit-taking point for a lot of early adopters.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: Joe200 on October 20, 2017, 02:58:52 PM

Quote from: spazzdla on October 20, 2017, 02:42:30 PM

Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .

I don't see anything triggering a 50% drop unless we see something similar to a big government ban, that could get us to a bear market. The possibility of segwit2x turning out a real disaster and causing major damage due the confusion derived from the two tokens could also bring a bear market, but I think we will get past it better than most expect and S2X will be just another shitcoin.

Just keep holding through the drama, and you will be victorious in the long term.

shursight

hero member

Activity: 728

Merit: 500

Wow this thread is full of dumb people, they are just repeating everything that the TV says, or what the "financial gurús" are saying like "bitcoin bubble will explode on $10k, $26k" and whatever they say..
There is no fixed rate for making it happen, it can go down anytime, bitcoin price depends on people and how do they manage their emotions about their sells and buys, there is nothing more than can control the price expect the emotions of people.
Stop paying attention to those stupid people who are "speculating"

Biodom

legendary

Activity: 3892

Merit: 4331

26K, because Trace Meyer and BETI both said/indicated so, or close enough.

Taki

hero member

Activity: 1078

Merit: 514

All those numbers will come true one day one by one. That's the fact. The interest to bitcoin is growing together with it's price and it's just genius idea to make the number of coins so short, 21 mln. For now it is mined 15+ mln, but the number of people who know and use bitcoin stays little. So I think when the percent of people get double the price will become more than 30-40 000$ at the moment.
If the thread's question is the price by the fork I think it is going to be like 6000+$, but not upper than 7000$.

Joe200

sr. member

Activity: 317

Merit: 252

Quote from: EpicFail on October 20, 2017, 03:20:23 PM

$15,000 because lucif said so.

Link?

EpicFail

member

Activity: 94

Merit: 10

$15,000 because lucif said so.

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