The altcoin increase kinda shows that bitcoin is actually ready to go up once again, in order for bitcoin to go up more we needed to break the domination a bit, now going down to $8k would mean domination would have been lower but we didn't go that route and then the altcoin prices moved up which broke down the domination a bit, now we can increase the bitcoin price all the way to 70% domination once again without a trouble.
It is really a roll of dice and sometimes you are right and sometimes you are wrong so there is no reason to feel sad about not knowing what bitcoin will do, its something that no one can predict before hand, of course there will be times where you get it right and there are times where you get it wrong but at the end of the day we are all humans and we make mistakes so its all cool.
Topic: We are about to hit 8K and below...soon (see charts) - page 3. (Read 4031 times)
I hope that we are going to hit 8k soon.
There is a huge different in price between Bitcoin and altcoins. It is not normal to see alts so low and bitcoin in this price. The different between those assets should come closer. But I think that if bitcoin starts falling altcoins are going to drop in price more...
There is a huge different in price between Bitcoin and altcoins. It is not normal to see alts so low and bitcoin in this price. The different between those assets should come closer. But I think that if bitcoin starts falling altcoins are going to drop in price more...
I hope that we do not see $8k again, although that could be possible to happen in the future. But now, I hope that the price can hold them down and then the price can increase higher again. But it seems, the trend of bitcoin is down, and I wish that the down of the bitcoin price is not too long and not reaching the lower price. If that happens, I think many people will be panic because they are holding some bitcoin and they ready to sell. But who knows, after this downtrend, the cryptocurrency market will see the coming of the bull run. And if that is happening to the altcoin first, then I think people are happy because they are holding so many altcoins and they hope they can sell at the higher price when the bull run is coming.
There is a huge different in price between Bitcoin and altcoins. It is not normal to see alts so low and bitcoin in this price. The different between those assets should come closer.
That huge difference is well justified because altcoins are pure garbage. The irrational nature of this market however doesn't look at how garbage they are, but where the next money making opportunity is, so from there I think that altcoins will be taking over the spotlights. Bitcoin's chart looks ugly af, while altcoin charts look increasingly more bullish.I'm hesitant to say anything because I'm afraid to jinx it, but altcoins are looking fantastic vs. BTC. Many are on the cusp of major breakouts, though we are still below major monthly/yearly resistances. Everyone still seems to be in disbelief which is perfect. The alt market is beginning to feel like January 2017 again.
If ETH can do another leg up and retake 0.023 as support then I'm pretty sure it's on. So fingers crossed. And that will bode really well for BTC too as money starts flowing into altcoins rather than fiat.
I don't think the BTC chart looks ugly at all.......it's just not quite ready to break up yet.
There is a huge different in price between Bitcoin and altcoins. It is not normal to see alts so low and bitcoin in this price. The different between those assets should come closer.
That huge difference is well justified because altcoins are pure garbage. The irrational nature of this market however doesn't look at how garbage they are, but where the next money making opportunity is, so from there I think that altcoins will be taking over the spotlights. Bitcoin's chart looks ugly af, while altcoin charts look increasingly more bullish.But I think that if bitcoin starts falling altcoins are going to drop in price more...
That has been the trend, but the trend is your friend until the end, and the end might be near. In other words, I do expect that Bitcoin making lower lows will result in a capital shift to altcoins, because new money isn't going to enter to buy the dip. People love to buy what's going up and that seems to be the altcoins.
I hope that we are going to hit 8k soon.
There is a huge different in price between Bitcoin and altcoins. It is not normal to see alts so low and bitcoin in this price. The different between those assets should come closer. But I think that if bitcoin starts falling altcoins are going to drop in price more...
There is a huge different in price between Bitcoin and altcoins. It is not normal to see alts so low and bitcoin in this price. The different between those assets should come closer. But I think that if bitcoin starts falling altcoins are going to drop in price more...
The chart showing yes it will pump soon, but you know market always changed direction time on time wherein without knowing due to the factors that suddenly manipulate the growth rate. so don't assume that the potential is 100%. Much better to monitor the price rather than relying on that news because in fact even experts sometimes can't predict the real direction of growth rate. So you better wait for more results before trusting on it.
Saying "soon" is a cop out, I mean we can literally say that bitcoin do anything "soon" and we will be right, sure it will probably go down a bit "soon" and it will go up "soon". The real trick is to find when it will go up and down not will it go up or down.If you can predict when then you will have a chance to make money, for example I can honestly bet on bitcoin going down believing this topic, however it could go up first then go down and I would lose profits from there, I could get the peak bitmex long first then short and make bigger profit. That is why I just hold bitcoin and ethereum and keep it there, don't risk anything and become just long term holder since I am not really a good trader or understand when it will go down or up I just keep it on my wallet without touching it.
If really go to $8000, people can accumulate more. I think if people really have positive sight for bitcoin in future, dumped price will be something that can help them buy in cheap price. Although some other people is panic, i still believe if out there a lot of people still think positive about bitcoin especially when halving come, with price dumped they will buy more and hold.
Speculation is indeed will affect bitcoin price in the future but it is not guarantee IMHO. Although you have a convince that the speculation will come then you need to compare with another speculation. I have done it sometimes before I decide to hold my bitcoin until the halving event come. I mean if there is some speculation such this thread who deem that bitcoin will goes down then I will looking for another speculation. So, I just have conclusion that speculation who based by technical analyst it will have 40% that the speculation. But if there is some speculation who based by fundamental analyst I'll put 60% that the prediction will happen. And you can see the answer now, bitcoin price hasn't reach 8k or below of it price so far. Bitcoin price just touch $9000 as the lower price.
To be honest, I don't want to expect to see $8k again after we are at a very low price before. I only hope that the price can rise again and maybe the price will break $11k, $12k, $13k, and so on. I am sure that if the price can rise on every high price, that will make them happy and we will be back to make huge money from bitcoin.
Although there is no exact time to see the very highest price from bitcoin, somehow, I still believe that bitcoin price can be back to the $20k like before, but we don't know when it will happen. But if we take a look at the chart, we can see the higher price in the future, and it is hard to see the price is down at $8k or lower price, but it could be possible too.
Although there is no exact time to see the very highest price from bitcoin, somehow, I still believe that bitcoin price can be back to the $20k like before, but we don't know when it will happen. But if we take a look at the chart, we can see the higher price in the future, and it is hard to see the price is down at $8k or lower price, but it could be possible too.
The sad part about this is that, Doc was right on his first one,
umm! no he wasn't!
there is a big difference between re-testing the same buy support line and bouncing back up immediately after testing it.
and to break that buy support and go below it.
what OP was "predicting" was the second one but the first thing happened. so no, he was horribly wrong about that.
The chart showing yes it will pump soon, but you know market always changed direction time on time wherein without knowing due to the factors that suddenly manipulate the growth rate. so don't assume that the potential is 100%. Much better to monitor the price rather than relying on that news because in fact even experts sometimes can't predict the real direction of growth rate. So you better wait for more results before trusting on it.
The sad part about this is that, Doc was right on his first one, he is a very bull guy as well and he keeps saying that, so we have someone in our hands that says bitcoin will eventually go up for sure, then says this one time it will fall and it does, which all looks like he is awesome for all of us. Then he comes up and says it will go even further, which it doesn't and it stays the same or at least around the same, then he says it will fall even further some other time, I mean looking at bitcoin that is not really some sort of insane guessing there, of course it will drop further one day, its bitcoin for Christ sake it always goes up and down, it went up and now it will go down. That has been the hectic bitcoin movement since the start of bitcoins inception.
If really go to $8000, people can accumulate more. I think if people really have positive sight for bitcoin in future, dumped price will be something that can help them buy in cheap price. Although some other people is panic, i still believe if out there a lot of people still think positive about bitcoin especially when halving come, with price dumped they will buy more and hold.
The Nostradamus of half-ass predictions.
This time...I’m using my whole ass!
This is probably true with every prediction This time...I’m using my whole ass!
.I am an amateur. I know less than any professional. Make no decisions based on this post. I only HODL.
But personally I was waiting to buy more sub 9K which I think is about to happen this month. Latest early OCT.
Majority will go for the long term as that is the safest option in any trade, if the market is goes down and if you are planning to buy again then it is well and good as everyone is waiting for the market to go down to enter for the long position . One thing i know is that the market is looking for a direction and it is possible that the market might go down further before another rally.But personally I was waiting to buy more sub 9K which I think is about to happen this month. Latest early OCT.
No way we are breaking positive from this descending triangle IMO.
I am not a big fan of charts as the market will not necessarily move according what the charts say. If the market moves according those prediction then everyone would have made a ton of money 
. Forget about the chart, we will not again hit $8K anymore, the growth is good for now and we are stable at $10,000, probably that would be the least price we will see before the end of the year. There are some down trend, it's expected but I never saw in the past months that there are signs we will be bearish and go back to that price again.
Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.
I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this? Instead of breaking new resistance it's keeping its stable price between $10,000 and $11,000.Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.
If we are panicking at this stage now, then we are indirectly empowering the bears meanwhile, the bulls are the ones that really needs our support right now and we are meant to do everything possible to support them, and one of the support they would need is never to join those who are crashing the market do so, because if we do, it would only favor them, while it will take us out of the market till future when we are regretting taken the action we should not have taken.
Its about probabilities, we dont have any certainties as its all real time markets so there is a constant variance to every price anyway. I just look at charts to help show where the best chances are of a turning point, the clever traders then can frame a profit vs risk and participate without signing up as if its their heart invested. I'm still learning that part because execution is another question.
Every good trader has multiple options and takes the best of them because all scenarios can fail to some extent.
Every good trader has multiple options and takes the best of them because all scenarios can fail to some extent.
For some reason your analysis looks very much like this analysis:
Price Analysis 02/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, XMR
Price Analysis 11/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA
According to the price analysis of this article, the price may fall to $7400. This has become something of a competition between you and this article, but it is a competition to see who is about to hit. we will see in the coming weeks who will win
this is knowledge, and it's called prediction because it has a chance of happening as well as a chance of not happening
Price Analysis 02/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, XMR
Price Analysis 11/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA
According to the price analysis of this article, the price may fall to $7400. This has become something of a competition between you and this article, but it is a competition to see who is about to hit. we will see in the coming weeks who will win
That's what happens if you use your full-ass instead of half-ass for predictions...
We seem to be going up....
We seem to be going up....
this is knowledge, and it's called prediction because it has a chance of happening as well as a chance of not happening
We are in a descending triangle. We are safe as long as we don't break bellow $9300 and I think the support there is strong enough. So I think it's more likely that Bitcoin will break the triangle upwards. Anyway, all will be decided soon - before October 10th.
We almost break that bellow $9,300 last couple of weeks so we’re still struggling to hold on and just yesterday we almost fall bellow $10,000 againWhile I have a big trust in crypto market most specially in Bitcoin but I don’t take all the possibilities out of the scene because just this year alone we came across the $3,000 -$13,000 so the reverse is not far from happening also.
Trying to decide today if your full-ass predictions a week ago are about to come true, or if we're just see sawing again with this 10k pivot. Keep telling myself to at least do a wee bit of scalping every sub 10k dip and then come up on to with easy 10% the next time it swings back and everyone keeps thinking the bulls are back but they aren't...
But so far so good being patient and painfully sticking to my quarter-assery convictions.
But so far so good being patient and painfully sticking to my quarter-assery convictions.
I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this?
Breakout attempts are failing in both directions. The market right now is what we call "chop city." Price is chopping and whipsawing in both directions in the short term, but per Dow Theory we are still in an established downtrend on higher time frames. So our bias should lean bearish.
We might just stay sideways above the $9,000 level. We also might see a final shakeout of the weak hands, perhaps to the lower $8,000s. All I know is, the market isn't ready to go up yet. I'm confident this year's uptrend will eventually continue, but there may be more blood first.
Forget about the chart, we will not again hit $8K anymore, the growth is good for now and we are stable at $10,000, probably that would be the least price we will see before the end of the year. There are some down trend, it's expected but I never saw in the past months that there are signs we will be bearish and go back to that price again.
Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.
I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this? Instead of breaking new resistance it's keeping its stable price between $10,000 and $11,000.Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.
This has all happened before.
My view is that
- People selling are getting out.
- People buying are invested in this price.
- bitcoin fundamentals are still ok.
It's a waiting game for the loose hands to leave and we go up again...
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