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Topic: When $65800, bitcoin did not get to $65000 again (Read 543 times)

legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 798
Merit: 377
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.
?
Activity: -
Merit: -
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
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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.

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.
Although Bitcoin price can fall without any regulation but that is not the trend in recent times. The uptrend is increasing in the market at the moment. We are currently looking at Bitcoin price at $68k even though it is correcting slightly but its price stability in this position means we can come over $70k any time. October is the month when we will see the Bitcoin price rise. The last two months of the year, November and December, are expected to continue rise in bitcoin price. By the end of 2024 or next year we will be able to see the price of Bitcoin $100k or more.

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.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
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.
STT
legendary
Activity: 4102
Merit: 1454
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.
hero member
Activity: 2870
Merit: 594
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.
Although Bitcoin price can fall without any regulation but that is not the trend in recent times. The uptrend is increasing in the market at the moment. We are currently looking at Bitcoin price at $68k even though it is correcting slightly but its price stability in this position means we can come over $70k any time. October is the month when we will see the Bitcoin price rise. The last two months of the year, November and December, are expected to continue rise in bitcoin price. By the end of 2024 or next year we will be able to see the price of Bitcoin $100k or more.


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.

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.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
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.
Although Bitcoin price can fall without any regulation but that is not the trend in recent times. The uptrend is increasing in the market at the moment. We are currently looking at Bitcoin price at $68k even though it is correcting slightly but its price stability in this position means we can come over $70k any time. October is the month when we will see the Bitcoin price rise. The last two months of the year, November and December, are expected to continue rise in bitcoin price. By the end of 2024 or next year we will be able to see the price of Bitcoin $100k or more.


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.
hero member
Activity: 1764
Merit: 514
Leading Crypto Sports Betting & Casino Platform
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.
Although Bitcoin price can fall without any regulation but that is not the trend in recent times. The uptrend is increasing in the market at the moment. We are currently looking at Bitcoin price at $68k even though it is correcting slightly but its price stability in this position means we can come over $70k any time. October is the month when we will see the Bitcoin price rise. The last two months of the year, November and December, are expected to continue rise in bitcoin price. By the end of 2024 or next year we will be able to see the price of Bitcoin $100k or more.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 476
Merit: 276

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  .
I believe it will hit $84k in this year, bitcoin is still going strong despite having reached supply zone.
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 Grin.



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.
full member
Activity: 784
Merit: 115
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.

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.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform

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  .
I believe it will hit $84k in this year, bitcoin is still going strong despite having reached supply zone.
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 Grin.

hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
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.
hero member
Activity: 770
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Leading Crypto Sports Betting & Casino Platform
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 Grin. 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.
legendary
Activity: 2464
Merit: 1387
I'm wondering what this thread is about and the OP's 2 line post which is obsolete now that we
have crossed $67k?

member
Activity: 112
Merit: 67
Pumpkin 🎃 Carving Contest
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.
sr. member
Activity: 434
Merit: 350
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.  Wink
full member
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“FRX: Ferocious Alpha”
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  .
legendary
Activity: 4326
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'The right to privacy matters'
What a nice increase Grin

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
full member
Activity: 784
Merit: 115
What a nice increase Grin

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.
hero member
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
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 Grin. 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.
STT
legendary
Activity: 4102
Merit: 1454
Still 66k and it looks to be strong action, recent low was the 2 day average and its rising consistently with good momentum.  If you want a minimum level to watch that is still very active, I'd call out 4hr bars for a good measure.   6 of them every day, enough to spread across the world and describe the sentiment on multiple continents.


I used to watch 1 minute bars when I was first actively looking at markets every day and unfortunately this will only send you spinning in circles chasing your own tail looking for a conclusion.   Its very hard to do, much easier is the higher time frames which also have more volume behind them and aren't as easily overwhelmed on every turn.
   Only notable negative I can spot for now especially, besides that we remain range bound is the 200 day moving average is in decline though not severe it would lend credence to BTC taking its time to truly turn fully positive and get those higher prices.   Also ideally Dollar Index would be below 100 and its rejected trading below that level, thats a longer term deal but also Im not fully confident till everything aligns never a singular perspective.
legendary
Activity: 2632
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Leading Crypto Sports Betting & Casino Platform
There is wait, it is noticeable that it is going with a lot of desire, As I see that the volume is very good, this volume according to Binance, looking at it from every point of view, has all the pitna to continue falling and the whales that are making it go up are waiting to see how it reacts at this value, the supply is there, and the demand almost at the same level but it has not dropped suddenly, it means that they can give another push at least so that they can reach about $65k and go through there to see how it is shared at that limit, also many analyzes say that it can reach $80k, it is time to wait, but it is going on a very good path.

full member
Activity: 462
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Duelbits.com
It's just a correct after a stretch, Bitcoin is going to get bas the $64k mark soonest just keep your eyes on the chart and don't be Hasty about decisions or conclusions as to what you think is the direction of the chart or the market a sit may change due to the preceding factors that I think you have not really considered enough.
copper member
Activity: 2394
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DGbet.fun - Crypto Sportsbook
we passed 66 k so op should close 🧵

I think the price will go till 70k USD this time. Then, after hitting the 70k USD mark, we might see a major correction in the price. So for the short-term gain, yes, we can make some good profits through future trading with the Bitcoin USDT pair. I don’t trade, hence I will follow the OG way of DCAing. I am continuously buying small amounts of Bitcoins regularly but will buy a large amount once Bitcoins fall to the 52k USD range. Next year it might get big, hence we need to stack as many Bitcoins as we can.
legendary
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'The right to privacy matters'
we passed 66 k so op should close 🧵
hero member
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Not showing strong selling, but strong buying as the price of bitcoin continues to crawl now, it is not impossible at the end of the month to $70K? That could be for sure after a lot of positive sentiment towards the market.

Actually I don't know what the OP meant. When the price has passed $66K will it not break again then what to expect? How did you go about buying or seeing the market reaction so quickly recovering?

Make sure you keep buying.
hero member
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www.Crypto.Games: Multiple coins, multiple games
From the price you mentioned to the other price it is very close, so what is your conclusion whether bitcoin will go down? This in the 15-minute chart is too close right?
Yeah, today bitcoin tested up to $65997 in kucoin exchange (right now trading around $65600 levels) and as per OP that we should not get back to $65k levels from here (because we reached $65800 and beyond) but there could be a validity time frame for OP's speculation and they might have missed that as well, lol Grin. I mean all the predictions of active traders are always come with a disclaimer and we need to get used them by moving on as these are all short term things but like most people here, I prefer only long term speculations.

We need bitcoin to get go above $68500 so that we can expect $70000 and higher price. The resistance is around the price.
Your target seems reasonable but why you are claiming a stoploss as well? I mean how accurate the prediction would be like we may not see $65000 levels again after the $65800 level. Considering the volatility of bitcoin, for testing $66k levels, we might need tracing back to $65k levels twice or more. Let's wait and watch what surprises market got for us before October...
hero member
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Right, it's just the resistance for now and not the support. But later on, if we get over that price it will be the support line already. But the thing is that we don't know when the price will go over that resistance level.

Good thing is that October remains to be very positive still, even if we are not yet on that month, many investors think that the bull run might start on next month and so with that we could be hitting $73k in the middle of October. Remember that there is a incoming election in November, for me this could still be another factor that the last month of the year will be very bullish for us.
October will be great, there will be huge price movement in october even more than in this current month, so many things may influence BTC price and as a trader myself I can't wait to see how the market will move in that month.
speaking of past occurence, October has always been a good month for bitcoin, the current month of september where people are negative about turns out to be a good month where it gets bitcoin to recover at the $60k level even right now current price of $65k is quite strong.

if this continue we can easily see $70k level again Smiley
sr. member
Activity: 476
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It seems you are really active in the market, you don't need to watch the market every day not unless you trade and share here,
Well the OP is probably a trader, that is why he might be putting his eyes on the market so that he could know when to buy and when to sell.

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.
However, if it has to do with investment, the OP don't need to monitor the market. And if he's planning to invest on Bitcoin, DCA method is the best method for him/her to use because DCA method helps an investor to buy even when BTC is depreciating, and he don't need to buy a whole Bitcoin because with DCA method someone can continue to buy gradually until he acquire a lot of BTC. Lastly, for someone to get a good profits from Bitcoin investment, the person need to invest for long term.
hero member
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Leading Crypto Sports Betting & Casino Platform
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.
hero member
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Rollbit.com ⚔️Crypto Futures
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.
legendary
Activity: 3710
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www.Crypto.Games: Multiple coins, multiple games
I feel like we are going to see the price reaching higher again, it is trying and the market is ready to get even higher, I understand that it is not there yet, but it is getting ready and attempt to go there and it will be doing so much better if we just give it some time. I know that it is going to get to a point where it is going to be a much harder situation in the end and I know that we are going to see this growing to be something that is taking a bit of time, but as long as we have what it takes, it shouldn't really be a big deal at all.

I understand that we are going to see this growing to be something that is taking a while, and I know that it is going to be much better situation without a doubt as well. Just make it make sense and keep it going and hold it. It will eventually go up.
hero member
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A few hundred dollars difference on a 15-minute chart isn't a huge swing. It's worth zooming out to see the bigger picture. Look at a higher timeframe chart like daily or weekly to see the overall trend. This will give you a better idea of where Bitcoin might be headed in the long run. Consider technical indicators alongside price action that can help identify potential support and resistance levels, as well as buying and selling signals but remember, these aren't guarantees.
legendary
Activity: 2576
Merit: 1655
It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell



You know from the chart you represented that the resistance is strong at $64800, bitcoin has always been doing sideway around this price range and the breakthrough is nowhere to be seen.
what BTC has been doing lately is just touching supply zone and demand zone over and over again, kinda boring market but good for trading around the swing.

so unless there's actually something big or large open interest in the market is happening, I don't expect the price to breakthrough $65k-$66k.

moreover it seems like BTC is dumping whilte still retaining good market price, feels like altcoin time for rally here.

Right, it's just the resistance for now and not the support. But later on, if we get over that price it will be the support line already. But the thing is that we don't know when the price will go over that resistance level.

Good thing is that October remains to be very positive still, even if we are not yet on that month, many investors think that the bull run might start on next month and so with that we could be hitting $73k in the middle of October. Remember that there is a incoming election in November, for me this could still be another factor that the last month of the year will be very bullish for us.
sr. member
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HODL - BTC
From the price you mentioned to the other price it is very close, so what is your conclusion whether bitcoin will go down? This in the 15-minute chart is too close right?
We need bitcoin to get go above $68500 so that we can expect $70000 and higher price. The resistance is around the price.
Wait for October, bitcoin will definitely go there and break its resistance.

Ah actually I don't care about the price of $70K or so as long as it is still below $100K will remain in HODL so will not pay much attention to the price in the short term... our target is still far away and I think it will happen next year to see bitcoin rally again.
hero member
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It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell



You know from the chart you represented that the resistance is strong at $64800, bitcoin has always been doing sideway around this price range and the breakthrough is nowhere to be seen.
what BTC has been doing lately is just touching supply zone and demand zone over and over again, kinda boring market but good for trading around the swing.

so unless there's actually something big or large open interest in the market is happening, I don't expect the price to breakthrough $65k-$66k.

moreover it seems like BTC is dumping whilte still retaining good market price, feels like altcoin time for rally here.
sr. member
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Holding or trading in Bitcoin requires an ability to accept risk, as times may change and the Bitcoin market is volatile. You will notice that currently last week Bitcoin was around $60k, and from there the Bitcoin market has turned upside down and it has touched $64,3k. So if you can start trading from here, you can still profit from here, and even if you start holding, it is possible to make profit. So just have the ability to accept risk and be patient from here on out yet profitable as the Bitcoin bull run of 2025 is waiting to begin.

And if you prefer to hold then of course you can do holding using DCA method strategy. And with this DCA holding strategy is able to hold Bitcoin for a long time. Because if you invest little by little repeatedly you can keep your investment for a long time and you can accumulate your money through Bitcoin.
legendary
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It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell

It just shows that $65,000 is a big psychological barrier for now, which means we will have to attempt and try to break it 2-3x times before we can finally go over that price. So this could be our first attempt and so obviously we are not that successful.

And if that happens, then we will see a minor set back, as it will retrace to $63,000 and that's where we at right now. And it might take another time to try to break it again. Although we need another positive news that will push the investor again to put their money in the market to at make a decent attempt. So far we have not any good news so all we can do for now is wait.
hero member
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From the price you mentioned to the other price it is very close, so what is your conclusion whether bitcoin will go down? This in the 15-minute chart is too close right?
We need bitcoin to get go above $68500 so that we can expect $70000 and higher price. The resistance is around the price.
Bitcoin is going to attain that price inventually but when that will happen is what we can not predict accurately, although we have to remain positive of the market possibility to reach that 68k to 70k since we have attain that price before, what I also expect is that, bitcoin will and may likely make another all time high price before the end of this year if all this be equal and the current market forces continue to propell the market in this manner.

The present decline is the price of bitcoin is just a short term market reaction which will fade out in no time, and if the positive push continue we are going to see less of such correction in the price of bitcoin.
hero member
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It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell
For example, on the binance exchange, you can choose the time and how the graph is going, including trading data info. Flow analysis that can be seen which part is larger according to the order. What percentage of the buy and sell figures.
The ease of monitoring market price movements is not difficult. Everything can be anything in a certain amount of time because Bitcoin is different from its members
legendary
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It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell



In my opinion, as long as the price does not break $74,000, it will be stuck between $49,000 and $73,000. That is why the current price is not encouraging, something that we can consider as the beginning of an upward trend. Currently the price is stagnant and since it is not falling much, then it is a sign that people are very optimistic and refuse to sell at prices below $49,000. I am taking advantage of buying whenever the price drops to $52,000, and then I am HODLing to see if I can sell it on the day I can make a profit of 3x. I still believe that one day the price of Bitcoin will pass $150,000. Day trading in the cryptocurrency market is the same as asking to lose money. This is a market that only profits from those who HODL for many years.
hero member
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We need bitcoin to get go above $68500 so that we can expect $70000 and higher price. The resistance is around the price.
And we need to see $70800 for us to see Bitcoin to $71000-$72000.  Smiley

It seems you are really active in the market, you don't need to watch the market every day not unless you trade and share here, people saw the market as always, there's always a correction and if the traders declined the 65k possible there's another re-test so analyze the next move of the market and grab the opportunity to trade.
Maybe he's an active and day trader and needs to watch the market closely with those timeframes. While the holders are chill, we know when to sell and we've got enough already. This time, it's not all about how quick the market reacts because we have a sell limit and we have set a price when we're going to activate all of those selling orders. And while waiting for that patiently, we know that we'll be at those prices once again but it's only a matter of time tell. Patience is what we must have but for day traders, they have to look at every angle of the charts that they're reading and the timeframes that they're comfortable watching at closely.
newbie
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From the price you mentioned to the other price it is very close, so what is your conclusion whether bitcoin will go down? This in the 15-minute chart is too close right?
We need bitcoin to get go above $68500 so that we can expect $70000 and higher price. The resistance is around the price.
sr. member
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HODL - BTC
From the price you mentioned to the other price it is very close, so what is your conclusion whether bitcoin will go down? This in the 15-minute chart is too close right?

Maybe it could be that you are an active trader so that every movement is always noticed, it doesn't matter that ordinary traders are more focused on analysis, because so far the market is fine so there is no need to pay attention every day this is for me maybe different for you.
legendary
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It seems you are really active in the market, you don't need to watch the market every day not unless you trade and share here, people saw the market as always, there's always a correction and if the traders declined the 65k possible there's another re-test so analyze the next move of the market and grab the opportunity to trade.
newbie
Activity: 18
Merit: 10
It got to $64800 and started falling again. But this is 15 minutes sticks which does not yet represent a strong sell

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