I do not understand this psychological need to break over $12k and somehow it means something more than what we have right now. In most places bitcoin price right now is over $11.7k and under $11.8k which means we are just 200-300 dollars away from $12k, how do you think that being over $12k would mean anything different than right now, obviously I am not saying over $12k as in $15k, I mean like $12.1k couldn't be that different from $11.8k right now, those are very close to each other.
I think this is purely psychological by the people and I feel like there is really no reason to think that they are different all that much if you remove the emotions out of the picture and just check it like a robot. What happens after this increase is the important thing, if it goes up it will go up way above $12k and if it goes down it would be under $10k, that is what matters.
Topic: When we will see $12k Bitcoin once again? - page 4. (Read 1411 times)
Rejection from a weekly average gives rise to the idea we can cycle through this range and touch base at 10500 again to check and confirm or pass prior support. Its not yet clear we are bearish or just consolidating within a rise but losing the weekly average is how I mark negative phase to price movement for the moment.
I do think the 50 day average is reasonable for a downside target, range has been constricted recently and a proper phase change would have us expand in either direction for the moment thats somewhat downwards. To disregard my negative take or the markets apprehension generally lets see 11560 passed or imo pass this average shown in blue and close above today or tommorow would be a positive turnaround, quite possible leading upto a weekend.
We should expect more from bitcoin in this year. $12k is not good enough price for this stage. Hopefully bitcoin will reach $15k-$16k within short possible of time.
i wouldnt call $12k bad but its a holy grail because no one would expect that btc will reach the amount this time when everyone or everything is not in a good mood for business .
its done it did reach 12k so what can we do ? we cant help but expect for more . you just give me an idea that $15k-$16k is an attractive values to hit next . as of now price parked at 11k something but itl move once again anytime of the day
because with a year-end price of $ 15K it can be concluded that in 2021 bitcoin will reach its peak, which could be bigger than 2017.
We should expect more from bitcoin in this year. $12k is not good enough price for this stage. Hopefully bitcoin will reach $15k-$16k within short possible of time.
i wouldnt call $12k bad but its a holy grail because no one would expect that btc will reach the amount this time when everyone or everything is not in a good mood for business .
its done it did reach 12k so what can we do ? we cant help but expect for more . you just give me an idea that $15k-$16k is an attractive values to hit next . as of now price parked at 11k something but itl move once again anytime of the day
We should expect more from bitcoin in this year. $12k is not good enough price for this stage. Hopefully bitcoin will reach $15k-$16k within short possible of time.
$BTC Update
Was too early for breaking the the 12k$ Horizontal Resistance, so that to break the accumulation range. Now we have price ranging again and currently testing the mid line of the Channel. Fixation above will at least push us to the 12k$ Resistance.
It was such a close situation to 12k and we are down again. I do not understand why it is dropping like this, I mean economy isn't really all that recovery mode for now, the big ones are recovering as imagined but the regular people are still in trouble.
i believe this recent movement has nothing to do with the economy. instead it was simply because $12k was the next big price resistance. it was either that or $13k which happened to stop at $12k.
if i recall correctly last time we were exactly here before the struggle began and then the pandemic broke out and put extra weight in the sell part and caused the drop.
so now that we are back in the same place, the sam resistance is starting to show itself.
It was such a close situation to 12k and we are down again. I do not understand why it is dropping like this, I mean economy isn't really all that recovery mode for now, the big ones are recovering as imagined but the regular people are still in trouble.
I feel like if we could have kept the economy at a reasonable place for the regular person who goes to work 9-5 and still can live as well as few months ago (or basically around the new years) we could have said bitcoin price dropping because everything is great, but just because we dropped insanely low and recover just a bit doesn't mean we recovered to what it used to be, maybe for some but not for all people. In any case I think people will see that eventually and the world will go back to bitcoin and price will soar once again.
I feel like if we could have kept the economy at a reasonable place for the regular person who goes to work 9-5 and still can live as well as few months ago (or basically around the new years) we could have said bitcoin price dropping because everything is great, but just because we dropped insanely low and recover just a bit doesn't mean we recovered to what it used to be, maybe for some but not for all people. In any case I think people will see that eventually and the world will go back to bitcoin and price will soar once again.
Once again, if we are about to pass the 12k$ resistance, we need the shorts to be here for the liquidity, this is just what happens now - re-accumulation below the 12k$ resistance. Confirmed by breakout itself.
Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
It seems the price needs to stay at $11k before it can start another rally this month. I am sure the bitcoin price will pass $12k soon, no matter if it is back this month or next month. We already touch $12k before, so we have a big chance to touch it again in the next rally, and I hope that the price can break $13k or the other high price.Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
The price has already marching and move upwards 11500$. We might see it reaching 12k again and do not think it will come down here to 10k levels. Though if it can get stable a bit above 12k then it can even rally towards the 13 k levels. It seems today some profit booking happened, but it has good strength above 11500 now.
No one can predict Bitcoin price.
It did reach 12k level twice this month but was not able to hold the price point. It seem it has strong support at $11500 and strong resistance at $11800 level. These are two levels that are dominating Bitcoin price this month.
For Bitcoin to stay at 12k price point it has to break the resistance that it faceing at $12100, which I also cannot predict when will it happen.
Once again, if we are about to pass the 12k$ resistance, we need the shorts to be here for the liquidity, this is just what happens now - re-accumulation below the 12k$ resistance. Confirmed by breakout itself.
Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
It seems the price needs to stay at $11k before it can start another rally this month. I am sure the bitcoin price will pass $12k soon, no matter if it is back this month or next month. We already touch $12k before, so we have a big chance to touch it again in the next rally, and I hope that the price can break $13k or the other high price.Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
The price has already marching and move upwards 11500$. We might see it reaching 12k again and do not think it will come down here to 10k levels. Though if it can get stable a bit above 12k then it can even rally towards the 13 k levels. It seems today some profit booking happened, but it has good strength above 11500 now.
Once again, if we are about to pass the 12k$ resistance, we need the shorts to be here for the liquidity, this is just what happens now - re-accumulation below the 12k$ resistance. Confirmed by breakout itself.
Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
It seems the price needs to stay at $11k before it can start another rally this month. I am sure the bitcoin price will pass $12k soon, no matter if it is back this month or next month. We already touch $12k before, so we have a big chance to touch it again in the next rally, and I hope that the price can break $13k or the other high price.Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
Yes, provably since there are much price stability than hype so possibly we can see a dump for a while and then followed by the pump since this could be a time for whales to get some cheap coins for a huge pump. Halving effect hasn't done yet and seems this is similar to what happen before so we should watch the market movement by now.
Once again, if we are about to pass the 12k$ resistance, we need the shorts to be here for the liquidity, this is just what happens now - re-accumulation below the 12k$ resistance. Confirmed by breakout itself.
Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
It seems the price needs to stay at $11k before it can start another rally this month. I am sure the bitcoin price will pass $12k soon, no matter if it is back this month or next month. We already touch $12k before, so we have a big chance to touch it again in the next rally, and I hope that the price can break $13k or the other high price.Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
The current retracement in the price of Bitcoin can be taken as a small push to reach $ 13K, it must be remembered that even gold fell, this can be an indicator for some weak hands to sell fast, and once that offer ceases, the price begins to rise only with a pronounced volume, according to how I see the market that bullish scenario can occur.
This looks like a C & H Pattern in BTC Chart.If BTC make handle then it can take a correction upto $9500.After that it can move into sideways for a while & it will be good for $ALT if $BTC takes sideways movement.There are two strong level at $10k & $10.5k.If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚
For More Logical Speculation keep your eye here👇👇👇
★📉 Lasky366 Technical Speculations📈★
Once again, if we are about to pass the 12k$ resistance, we need the shorts to be here for the liquidity, this is just what happens now - re-accumulation below the 12k$ resistance. Confirmed by breakout itself.
Lesson from here: The nature of the accumulation process is to gather enought fuel (liquidity) for to start the race.
The current price is so close to $ 12k. Moreover, some speculations such as the Cointelegraph also argue that an impending price hike has the potential to make bitcoin price reach $ 12k. however, I really hope that this month, the price of bitcoin reaches $ 12k.
Based on the increasing price, we will be reaching it in no time
The current price is at $11.8K, I doubt that it will stop there. It might break the price at $12K and even higher, maybe $13K might be even broken. This is just amazing, I wonder how long will his last? Maybe weeks more and we might even break the ATH.
There are so many days left for this month to come so provably we will see the price reach to that numbers since the good times still happening plus the hype from the people who think positively for the current situation still intact so provably the next figure we will speculate is the $13,000 and might we will see this on when this numbers came.
The altcoins are also following.
I thini we can really expect that the price can reach up to $13K this month. This is just the second week amd the prices of cryptocurrencies are making good movements. We don't know how long will it go but if this continues maybe we might even see $14K this month although I doesn't see it lasting.
This looks like a C & H Pattern in BTC Chart.If BTC make handle then it can take a correction upto $9500.After that it can move into sideways for a while & it will be good for $ALT if $BTC takes sideways movement.There are two strong level at $10k & $10.5k.If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚
For More Logical Speculation keep your eye here👇👇👇
★📉 Lasky366 Technical Speculations📈★
$BTC now forming as a symmentrical triangle in 4hr chart.If It can move on sideways for few days there will be a chance to pump $ALT Coins.If it breakout the triangle it can touch $13k level on the other hand breakdown will force to back at $10k usd level✅
The current price is so close to $ 12k. Moreover, some speculations such as the Cointelegraph also argue that an impending price hike has the potential to make bitcoin price reach $ 12k. however, I really hope that this month, the price of bitcoin reaches $ 12k.
Based on the increasing price, we will be reaching it in no time
The current price is at $11.8K, I doubt that it will stop there. It might break the price at $12K and even higher, maybe $13K might be even broken. This is just amazing, I wonder how long will his last? Maybe weeks more and we might even break the ATH.
There are so many days left for this month to come so provably we will see the price reach to that numbers since the good times still happening plus the hype from the people who think positively for the current situation still intact so provably the next figure we will speculate is the $13,000 and might we will see this on when this numbers came.
The current price is so close to $ 12k. Moreover, some speculations such as the Cointelegraph also argue that an impending price hike has the potential to make bitcoin price reach $ 12k. however, I really hope that this month, the price of bitcoin reaches $ 12k.
Based on the increasing price, we will be reaching it in no time
The current price is at $11.8K, I doubt that it will stop there. It might break the price at $12K and even higher, maybe $13K might be even broken. This is just amazing, I wonder how long will his last? Maybe weeks more and we might even break the ATH.
I think $12,000 is not the issue but we are now seeing the next target at $14,000. The trending is more of a surprise move than we thought. I believed bitcoin may test $20,000 before October this year. The infect of covid19 on the world economic has died down and we should expert better market conditions from now on.
This is very optimistic ptediction, 20000$ before October. Although 12000$ looks only a step away we have to have in mind that situation in the market might change quickly. Yes, Bitcoin price will probably cross 12000$ but the question is if it will stay there and if the price will continue to grow. Anyway, I don't expect for price to go all the way to 20000$.
I think $12,000 is not the issue but we are now seeing the next target at $14,000. The trending is more of a surprise move than we thought. I believed bitcoin may test $20,000 before October this year. The infect of covid19 on the world economic has died down and we should expert better market conditions from now on.
$12,000 came and whichever target we're aiming, we can't do with it. But you can see that there's a stronger connection this time and the resiliency of bitcoin is much bigger the second time around. It looks like we didn't plummet to $11,000 from $12,000 and it's making it easy because we're already approaching $11,900 and could be $12,000 any time soon. I'm optimistic as always just how bitcoin showed us its motion this time within less than a week. Jump to: