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Topic: We are about to hit 8K and below...soon (see charts) - page 6. (Read 4031 times)

sr. member
Activity: 350
Merit: 294
NostraAnus the $8k prophet of BTCears  Shocked

I love that! Funny. Stuff.
hero member
Activity: 2086
Merit: 994
Cats on Mars
All good with the charts and whatnot but, we have some news that might have the opposite effect:

https://cointelegraph.com/news/bakkt-clients-can-start-warehouse-deposits-on-sept-6

https://www.coindesk.com/van-eck-solidx-to-offer-bitcoin-etf-to-institutions-via-sec-exemption-report

First one will start next Friday (although the real deal will be in a few more weeks), the other one will most likely see the day of light this week. I'm not expecting a huge green candle because of this, but maybe some upward movement rather than a major dip like OP expects?...Or am I being too optimistic?
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I’m Back!!!

 Huh

By your post history, you're active every day, so how can you be back if you didn't leave?

The Nostradamus of half-ass predictions.
This time...I’m using my whole ass!

last time you didn't get it right

Huge drop happening within 48 hours! (Update: BTC Price on Sept 5th)

I hope this time you make wrong too



member
Activity: 173
Merit: 11
I drank just whole bottle of Martini Bianco and i just dont give a fvck. Show me reversal descending hexagon tough guy.
member
Activity: 1302
Merit: 25
Even with your chat, I don't see the drop coming. You have the trading area at the moment the chat is still up there and that area is where price still is. I'm expecting a more bull move with a sharp spike that can hit the resistance on $13,... either to be sustained.
sr. member
Activity: 2506
Merit: 368
Even with your chart, I don't see the drop coming. You have the trading area at the moment the chat is still up there and that area is where price still is. I'm expecting a more bull move with a sharp spike that can hit the resistance on $13,... either to be sustained.
Can you spot the red line going down? Just take a look at the slope where it is heading.



I don't want to believe this kind of prediction yet somehow most of them managed to show the correct line of the market. Maybe i was just looking at the other direction just like how OP look at it. I wanted to be more optimistic of the final result that there would be a bull run this and year so a slight drop is still fine as long as it isn't too heavy to look in the chart.
legendary
Activity: 1806
Merit: 1521
it can't break $11k anymore, it might as well just go below 8k.

It's a range market. One could just as easily say "it can't break $9K so it might as well go up."

Eventually this sideways price action will break and honestly, time is running out for the bears. The weekly chart is painting a big fat reversal candle. If bears don't hold the line here at $10,800 where the descending trend line is it's a pretty strong sign that bulls are taking control.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
I've also been looking at this ascending triangle for quite some time as well and depending on how you're drawing the triangle, it definitely seems like we'll need a solid break of $11k or so to invalidate this pattern. Caught a nice dip this morning and I'm on a low leverage long for now, but I'll be looking to close and sit out before we hit the trendline as I'm uncertain we'll be able to breka through this time around. It'd definitely be bullish if we manage a solid break through, however.
legendary
Activity: 3178
Merit: 1054

it can't break $11k anymore, it might as well just go below 8k. its better that way so there will be more who will hold the coin than just keep building their sell orders. there isn't really a positive sign to look at the chart. depressing as it may sound but its just what it is. there is an slight spike just like what happen yesterday but that's just it and will continue to do so until halving.
legendary
Activity: 1652
Merit: 1265
NostraAnus the $8k prophet of BTCears  Shocked
legendary
Activity: 1806
Merit: 1521
No way we are breaking positive from this descending triangle IMO.

I'm definitely watching that descending trend line overhead. The $10,800 level has been a pivot / inflection point several times, and right now it's intersecting with that trend line. That's a huge confluence of resistance. People seem bullish and are acting like the market has already broken to the upside, but until that resistance is broken, I'm not convinced.
jr. member
Activity: 40
Merit: 2
Will be interesting to see what happens when the price touches the 20-week MA or EMA.
Back in 2016 and beginning of 2017 it bounced off the 20 MA/EMA five or six times.


legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
We will see 8K within the next few weeks. Not by sept 5th. But soon.
When??  Inquiring minds want to know.

If you can't at least nail down a narrow timeline for your prediction, it doesn't carry much weight in my mind.  I'd love to be able to bookmark this thread so I can check to see if you were right when the time comes, but "soon" is just too damn vague.

We're at $10,430 right now (dammit, this forum really needs that bitcoin ticker someone suggested).  Someone predicted a drop to about $8500, which was to happen last week.  The price did drop under $10k but didn't get close to what the OP of that thread said, and he was using TA in his prognostications.  So OP, can you kindly provide a date by which bitcoin is going to drop to $8k or below?
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
By the way that chart doesn't mean that it have to create straight 45 degree angle.
Maybe I want to be positive because otherwise it will be really, really bad, another fall and even below 8K? After so many months we still fight to reach higher than 10k, hit 13k sometimes and then fall on 9k, I think it's time to let this scenario end because otherwise positive feelings will go down too.
Idk, maybe we will see 8k but it sucks.
sr. member
Activity: 350
Merit: 294
I’m Back!!!
The Nostradamus of half-ass predictions.
This time...I’m using my whole ass!

Be very cautious people. We will see 8K within the next few weeks. Not by sept 5th. But soon.
Sentiment feels negative. This thing is breaking down soon...on its way back to 20K.

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.






No way we are breaking positive from this descending triangle IMO.
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