This is a price range that could turn back, remember that it is very close to its last ATH, at any moment the price can go up and throw all analysis down, market speculation is always there to see that every setback is always good, in fact in the markets there always have to be impulses-setbacks, impulses-setbacks, also sometimes sideways movements occur, so everything is part of a range, for me the dominant range goes from $66k-$69k, from there it goes up and down, sideways movements and impulses and setbacks occur, of course this can be seen in low time frames, 4h to be more specific.
Topic: When $65800, bitcoin did not get to $65000 again (Read 543 times)
It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell
You can be the most opportunistic seeker in these ups and downs of the market, if you want to hold for the long term. Then if you want to trade still you can definitely profit by taking the highest trades during this ups and downs. So just being smart can drive you to the most improvement, but to me trades are risky, so you can safely invest your money in long term holdings where you can get more risk free benefits.
But if you don't have enough money then you can safely hold using DCA strategy, you will buy dips of Bitcoin in small amount regularly and this will save your purchase price.
This is just too close to archive which can happen any time, one or two candles from where we are we shall see price cross over the price of 65,800 and I think it will take the USA presidential influence to make it happen as it's currently the hot topic influencing the crypto markets. But at the moment price seems to be ranging around 63,000 - 64500, if we can break the 64.500 psychological barrier then we shall get back to being bullish.
Agree, seems like it
67.2k which I like but
it would be nice to see 75.5k by Sunday
I am sure we will be there. But we must be patient for a while and wait for more.it would be nice to see 75.5k by Sunday
Now Bitcoin price is at $67,9xx which can be increase to $68k. But as we are now in the weekend, we needs to be careful with the correction as usual. If we can be aware of that, we will see the opportunity to buy back Bitcoin at a low price. But if there will be no correction happen and only makes the price increase for more, that will be good as we can hopes that sooner or later, the price will reach $70k.
If you are a short-term trader, it is understandable if you will monitor the market from time to time because you need to check if you can sell or not, with profit of course. But as a long time trader, would be tedious for you to be on screen 24/7 and look at the price movements.
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?
This becomes really relevant if Bitcoin doesn’t drop below $65k again. I mean, the bull run is in full swing now, but before hitting this price, Bitcoin dipped a bit. Now, it seems unstoppable, already trading at $68k. If this bullish trend keeps pushing and hits a new ATH, we can expect a massive bull run to last through the end of the year and into the early months of next year. Looking at past trends, especially during "Uptober," it feels like history is repeating itself.have crossed $67k?
Let us put it this way - everyone has their own speculation of btc price and when will it happen. However, the action of every holder is different. So better take care of your stash and see where the price goes because every price discussion won't matter if you are not holding any coin. Would be hard to wish about the price if you are just thinking about it and not holding some.
We did hit $65k or higher, at $69k but it's not sustainable and now it looks like we are going to trade sideways at $67k. And after much speculation that the month of October will be bullish for us, it's another so-so months just like September. As for the world situation, yes, we still have the looming war in the Middle East that might really have a bad take on the world economics, not just Bitcoin itself. But just to be on the positive side, if we are really not that interested on what is happening around us, then we should just continue to accumulate. There is nothing wrong with this strategy, and it's going to be a win win. And if the price goes on a new all time high next year then good for us, as we will see a huge profits for our crypto portfolio, not just Bitcoin.
We can't really say it was a so-so month, it started with nearly 60k and right now 67k, which is a 10% increase for the month and I believe that is a good bull month. I am sure that we are so used to seeing even bigger returns that we see this as not that big of a deal, but I believe it is something we can sustain for the time being and shouldn't be worried about it.I believe the best thing to do right now would be just making sure we deal with a good perfect ending for what we have, and could be doing something that would make it look very good for all of us. Just keep holding and if you think October wasn't enough then hope November will be better, because having a 10% return is great, but what is better than having a 10% return in a month would be 10% in two months in a row and November could be another 10% return.
We are still in the same area so I guess this thread will remain relevant until we can leave it in the dust. 70k should become support if all these grand targets are to play out but its clear that 2024 its been a ceiling.
It will now take far more to demolish resistance built up over 6 months. Far more volume and momentum required to break through that barrier and present its not appearing. The election is the most widely observed event and though theres been some discussion its not going to be some transformative imo.
BTC is part of the wider market and thats probably the best bet for pushing BTC higher. A bullish main market raises all assets prices probably even if it later falls back that would help break any resistance over head.
For the last 2 days BTC has traded under a 12hr average almost all of that time, its now failing below the weekly average also. Now the measure of strength will be to stay above 66k and this is also the peak of September prices, if that much happens we'll be cleared to improve next month and till year end hopefully. BTC remains challenged in this area.
It will now take far more to demolish resistance built up over 6 months. Far more volume and momentum required to break through that barrier and present its not appearing. The election is the most widely observed event and though theres been some discussion its not going to be some transformative imo.
BTC is part of the wider market and thats probably the best bet for pushing BTC higher. A bullish main market raises all assets prices probably even if it later falls back that would help break any resistance over head.
For the last 2 days BTC has traded under a 12hr average almost all of that time, its now failing below the weekly average also. Now the measure of strength will be to stay above 66k and this is also the peak of September prices, if that much happens we'll be cleared to improve next month and till year end hopefully. BTC remains challenged in this area.
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?
This becomes really relevant if Bitcoin doesn’t drop below $65k again. I mean, the bull run is in full swing now, but before hitting this price, Bitcoin dipped a bit. Now, it seems unstoppable, already trading at $68k. If this bullish trend keeps pushing and hits a new ATH, we can expect a massive bull run to last through the end of the year and into the early months of next year. Looking at past trends, especially during "Uptober," it feels like history is repeating itself.have crossed $67k?
Your scenario only happens if nothing bad happens to us unexpectedly. Market movements depend largely on the world situation, the market cannot completely decide its own fate. Meanwhile, the war is not over yet, whether the Fed will continue to lower interest rates or not is still a question mark, the election results can also affect the market...in general, anything can happen. We can be bullish and expect history to repeat itself but don't be complacent because the world situation this year is more complicated and unpredictable than previous years.
I still predict history will repeat itself but I think there will be a little twist and there will be many surprises in store for us.
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?
This becomes really relevant if Bitcoin doesn’t drop below $65k again. I mean, the bull run is in full swing now, but before hitting this price, Bitcoin dipped a bit. Now, it seems unstoppable, already trading at $68k. If this bullish trend keeps pushing and hits a new ATH, we can expect a massive bull run to last through the end of the year and into the early months of next year. Looking at past trends, especially during "Uptober," it feels like history is repeating itself.have crossed $67k?
Your scenario only happens if nothing bad happens to us unexpectedly. Market movements depend largely on the world situation, the market cannot completely decide its own fate. Meanwhile, the war is not over yet, whether the Fed will continue to lower interest rates or not is still a question mark, the election results can also affect the market...in general, anything can happen. We can be bullish and expect history to repeat itself but don't be complacent because the world situation this year is more complicated and unpredictable than previous years.
I still predict history will repeat itself but I think there will be a little twist and there will be many surprises in store for us.
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?
This becomes really relevant if Bitcoin doesn’t drop below $65k again. I mean, the bull run is in full swing now, but before hitting this price, Bitcoin dipped a bit. Now, it seems unstoppable, already trading at $68k. If this bullish trend keeps pushing and hits a new ATH, we can expect a massive bull run to last through the end of the year and into the early months of next year. Looking at past trends, especially during "Uptober," it feels like history is repeating itself.have crossed $67k?
This chart explains a lot of Bitcoin price movement within this few months remaining, actually I may not be that too well in analysing chart but you are right that the price can hit the position you said because from the charts after the Bitcoin price created the highest low it has never drop below that areas and the lowest low became the support, so the only thing it has been doing is going up a little and drop down close to the support and continue up again by breaking the previous high till it totally break the resistance levels, meaning that the price is set to go higher but however I still believe that after breaking this resistance we should expect a little drop below that previous resistance before it can be a possible confirmation, however that's what I can only say about the whole thing I saw on the chart but those who understand it more can share their views.
The buy order in the market is abnormal right now, in bullish market like this, we can only expect small retracement before the market is moving back up again because they buy order is just that many, also there has been rumour going around about whales accumulating BTC again by the billions and some did it over the counter, meaning there is no impact to the exchange but if things keep up eventually the supply of BTC in the market will be going down and as a result, we can easily breakthrough another resistance at the upper level around the supply zone.things about to go crazy with BTC, as long as there's no bad news that could affect BTC, i expect at the end of year it will hit $84k, then $100k next year. at least we know that bitcoin has broken through from its old chart routine.
Just look at the market now and you will see whats going on and what will be coming
https://coinmarketcap.com/currencies/bitcoin/
Bitcoin Hits 67k recently and how much are we looking just this month? I believe that 70k will be breaking again , and I will not stop looking to how much it will be taking .
it seems like BTC breakthrough is imminent from descending channel pattern.
such a good time for people who bought dip, turn out uptober is here for real. the retracement that happened only to liquidate late bull / long position so I expect price to go up again.
the shorter will be sidelined
.
67.2k which I like but
it would be nice to see 75.5k by Sunday
I am sure we will be there. But we must be patient for a while and wait for more.it would be nice to see 75.5k by Sunday
Now Bitcoin price is at $67,9xx which can be increase to $68k. But as we are now in the weekend, we needs to be careful with the correction as usual. If we can be aware of that, we will see the opportunity to buy back Bitcoin at a low price. But if there will be no correction happen and only makes the price increase for more, that will be good as we can hopes that sooner or later, the price will reach $70k.
Just look at the market now and you will see whats going on and what will be coming
https://coinmarketcap.com/currencies/bitcoin/
Bitcoin Hits 67k recently and how much are we looking just this month? I believe that 70k will be breaking again , and I will not stop looking to how much it will be taking .
it seems like BTC breakthrough is imminent from descending channel pattern.
such a good time for people who bought dip, turn out uptober is here for real. the retracement that happened only to liquidate late bull / long position so I expect price to go up again.
the shorter will be sidelined
. 
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?
This becomes really relevant if Bitcoin doesn’t drop below $65k again. I mean, the bull run is in full swing now, but before hitting this price, Bitcoin dipped a bit. Now, it seems unstoppable, already trading at $68k. If this bullish trend keeps pushing and hits a new ATH, we can expect a massive bull run to last through the end of the year and into the early months of next year. Looking at past trends, especially during "Uptober," it feels like history is repeating itself. have crossed $67k?
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If you are investing into Bitcoin for a long term, then you should not worry so much about the price, all you need do is to set a target price which you would sell. You can just be watching the market but always know that your desired price will be reached.
small time frame candle like 1m, 15m and so on is just exist to mislead people . honestly their primary usage is for the future contracts speculators.it just gives anxiety nothing more, if anyone are investing in BTC, just look at 1d candle, it's where you want to speculate.
price retracement is completely normal, the only thing that should be our concern is price trajectory towards ATH.
You are right, short time candle of those range you mentioned is mostly used by short term traders like the day traders, while long term traders use even the previous trends to predict the future price of Bitcoin. Anyone who is even investing into Bitcoin for the sake of taking profit during bull market does not look at the candle.
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?
have crossed $67k?
Similar to the previous years, this year also Bitcoin price started increasing in the month of October which means Uptober has already started. Bitcoin rose to touch almost $68,000 last night. Again suddenly the price of Bitcoin fell and it touched 65 thousand dollars.
Right now the market is bullish again and we may see it touch $70k very soon.
Right now the market is bullish again and we may see it touch $70k very soon.
If you are investing into Bitcoin for a long term, then you should not worry so much about the price, all you need do is to set a target price which you would sell. You can just be watching the market but always know that your desired price will be reached.
Yes that's right if one invests in Bitcoin for long term then one should not worry about its price. But there is a tendency among investors to constantly monitor the market. By constantly monitoring the market, we see the candlesticks of rising and falling Bitcoin prices. As a result, if the price of Bitcoin goes up, it becomes comforting for us, and if the price of Bitcoin goes down, it makes us anxious.We went through a dumping period in the Bitcoin market for more than a week from the end of September to October, which may not have been a comfortable time for investors, but now the price of Bitcoin has started to rise again. Breaking the record of several months ago and the price of Bitcoin is currently hit $66,940 dollars. However, it touched a high of $67,950 yesterday.
OP you should lock the thread right now because the price you mentioned has already been crossed by the rise in bitcoin price.
It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell
Just look at the market now and you will see whats going on and what will be coming
https://coinmarketcap.com/currencies/bitcoin/
Bitcoin Hits 67k recently and how much are we looking just this month? I believe that 70k will be breaking again , and I will not stop looking to how much it will be taking .
What a nice increase
After stay at a low price, this time Bitcoin jump to $66,865. It is a smooth increases. We are not expected to see an increase but it is happen. The next target will be reach so you don't have to worry and enjoy the ride.
But I feels it is strange because Bitcoin price increase but many altcoin is in red and down. I hope it is a wrong feeling and no bad thing happen in the market.
After all, I am enjoy of what happen to Bitcoin now where more than $70k of the price will be reach.
After stay at a low price, this time Bitcoin jump to $66,865. It is a smooth increases. We are not expected to see an increase but it is happen. The next target will be reach so you don't have to worry and enjoy the ride.
But I feels it is strange because Bitcoin price increase but many altcoin is in red and down. I hope it is a wrong feeling and no bad thing happen in the market.
After all, I am enjoy of what happen to Bitcoin now where more than $70k of the price will be reach.
67.2k which I like but
it would be nice to see 75.5k by Sunday
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