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Topic: Where BTC go - page 2. (Read 700 times)

member
Activity: 560
Merit: 11
May 29, 2019, 05:02:39 AM
#35
I myself am not very capable and believe in technical analysis, and it is evident that currently the price of bitcoin is at $ 8590
hero member
Activity: 1484
Merit: 516
May 29, 2019, 04:18:43 AM
#34
It is surprising but the price of Btc is starting to get higher and higher while time passes. I think it will not just stay in this position, I know while the price is getting more higher, people or investors are getting their hands on the Btc they can get while it is still in the stable price these days. Maybe $10.000 is it's destination or maybe higher than that.
Yeah its surprising that technical analysis will not always be right, towards 10K it might be possible but we are still waiting for a little correction as its now at 8K more. If there is a decline until 8K is stuck maybe we can see 10K in the next month or so.
sr. member
Activity: 546
Merit: 256
May 29, 2019, 03:06:20 AM
#33
It is surprising but the price of Btc is starting to get higher and higher while time passes. I think it will not just stay in this position, I know while the price is getting more higher, people or investors are getting their hands on the Btc they can get while it is still in the stable price these days. Maybe $10.000 is it's destination or maybe higher than that.
hero member
Activity: 1190
Merit: 541
May 29, 2019, 02:54:14 AM
#32
Anyways, it's too early to call, there are TA 'experts' who might agree with your analysis, but as far as bitcoin goes, it has still the momentum as of now and pushing higher than $8k. So maybe you're right it could go down as low as $6860 before eventually having a break out run to $10k in the next coming months.
the bitcoin cycle still has a chance to experience a decline before the pump is high, maybe that will happen when the next few months the price can reach above $ 10k

Bitcoin is jumping right now and it almost get into the $9,000 level. Well, while there is nothing wrong with listening to many people's analysis bitcoin has this habit of being a very unpredictable beast and so it can move fast in the direction we thought not possible. Hopefully, soon we can witness bitcoin getting into the $10,000 zone and beyond...and this can happen within the month of June unless some bad news can influence its energy and strength.
Mate, since we already know this, isn’t it the right time we just stop analyzing?Because bitcoin seems not to be responding to anything that has to do with prediction, FUD and others that much, it just does its own thing, the way investors directs it.

What use to baffle me is how many analysts picks the same TA to read and end up getting so many different figures that are not even closely related, so why are we then always using TA when it has never given everyone the same figure? When it comes to all this long term prediction, I would rather believe more in fundamental analysis even if I find nothing than to use TA.
member
Activity: 1204
Merit: 38
May 29, 2019, 02:31:46 AM
#31
No one will buy that, TA is no longer necessary if we are in a bull run, and bullish people don't entertain bearish prediction because they think you will ruin the momentum, and they don't like you. LOL...

Change of minds, people in the space always follow the price action, and now since it's bullish, they'll also be bullish not looking at the other side anymore.
Bitcoin is pumping, and soon will reach $10,000, so it could probably change the market and as expected, FOMO... here we go!
Yes when the market is bullish then chances of going bearish is less at short form,if it goes then it will be just a correction and sooner the prices will rise to the next resistance level.
full member
Activity: 812
Merit: 102
May 28, 2019, 06:00:42 PM
#30
With each fall, bitcoin forms a new level of support. Every time he's higher than the last. And it's certainly very cool. The price drop will definitely be, but not great. Still, everything points to growth.
hero member
Activity: 1092
Merit: 523
May 28, 2019, 07:49:35 AM
#29
According to technical analysis, the BTC will down to the resistance around 7070, then to around 6860, check the chart for more details.
https://screenshot.net/wr9pxf6

Well, it may be possible and it may not, within this short time that bitcoin has actually climbed to $8k, I have seen it go low to $7070 without it crossing below that and picking up back to the $8k.

It all depends on us the BULLs, most especially the strongest ones amongst us, if we continue to follow the whales dump the coin to create panic sell, then it’s our fault.

The force behind bitcoin uptrend and downtrend is nothing more than the investors; we get investment, bitcoin increase, if we get withdrawals, bitcoin decreases, so we can’t tell the mind of people until we see the result in the value of the coin.
hero member
Activity: 3038
Merit: 647
May 27, 2019, 11:27:56 PM
#28
No one will buy that, TA is no longer necessary if we are in a bull run, and bullish people don't entertain bearish prediction because they think you will ruin the momentum, and they don't like you. LOL...

Change of minds, people in the space always follow the price action, and now since it's bullish, they'll also be bullish not looking at the other side anymore.
Bitcoin is pumping, and soon will reach $10,000, so it could probably change the market and as expected, FOMO... here we go!
hero member
Activity: 2912
Merit: 642
May 27, 2019, 08:02:50 PM
#27
It is nice to have your prediction and share it but yet it is not 100 percent that it will go that way.
Better to leave some for a pjmp that may happen.

If you look at different threads out here some say it may go below 10k which is great for any hodler. But as a trader if your speculation will come true then it is best to sell now.

Still it needs more digging to come up with a better analysis. There might be a lot of FOMOs out there.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
May 27, 2019, 12:40:26 PM
#26
This is a possible scenario that should not be ruled out, but in fact right now in the current stage of the market in which we are going, it is more likely that the price of bitoin will continue to rise.
If we take into account that there is now a lot of volume of purchases, the market capitalization has increased greatly, so this results in less likely to decrease the price, statistically being the most likely a possible increase or as much as have a lateralization of the price.

For now the outlook for bitcoin looks very good, although it is in a phase of the market that has a lot of volatility, this means that it is very likely that if the price drops quickly, this may have an impact for the BAKKT .
sr. member
Activity: 1008
Merit: 355
May 27, 2019, 01:19:18 AM
#25
Anyways, it's too early to call, there are TA 'experts' who might agree with your analysis, but as far as bitcoin goes, it has still the momentum as of now and pushing higher than $8k. So maybe you're right it could go down as low as $6860 before eventually having a break out run to $10k in the next coming months.
the bitcoin cycle still has a chance to experience a decline before the pump is high, maybe that will happen when the next few months the price can reach above $ 10k

Bitcoin is jumping right now and it almost get into the $9,000 level. Well, while there is nothing wrong with listening to many people's analysis bitcoin has this habit of being a very unpredictable beast and so it can move fast in the direction we thought not possible. Hopefully, soon we can witness bitcoin getting into the $10,000 zone and beyond...and this can happen within the month of June unless some bad news can influence its energy and strength.
full member
Activity: 812
Merit: 100
May 26, 2019, 12:35:52 PM
#24
Anyways, it's too early to call, there are TA 'experts' who might agree with your analysis, but as far as bitcoin goes, it has still the momentum as of now and pushing higher than $8k. So maybe you're right it could go down as low as $6860 before eventually having a break out run to $10k in the next coming months.
the bitcoin cycle still has a chance to experience a decline before the pump is high, maybe that will happen when the next few months the price can reach above $ 10k
hero member
Activity: 1358
Merit: 513
May 26, 2019, 10:27:09 AM
#23
I don't care about the analysis of others,  but if the analysis will be positive I will trust if but the analysis is negative to bitcoin so I will not trust to this. Because also look bitcoin it's 8000 dollars so tell me right now why bitcoin going down $7000 or $6000 what is the main reason of that? Few people only believe that and we believe to the rising of the bitcoin not to dumping.

That's like saying, I will drink poison if everyone says its healthy to drink but I will not listen to anyone saying that I will die. That is stupid brother.
member
Activity: 546
Merit: 17
May 26, 2019, 08:36:15 AM
#22
I think technical analysis is not very influential at the moment, because what has the biggest impact for now is fundamental news, if TA says that bitcoin will go down, but fundamentally preach good news, I'm sure bitcoin will go to the moon
full member
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
May 26, 2019, 08:17:13 AM
#21
BTC continues to grow, although there are some jumps down it still returns to its price and continues to grow
I think by the end of the year he will exceed his maximum
Based on my analysis, BTC is at a very bad time and may collapse at any time during this period. Everything is unpredictable because there are many people who own very large numbers of BTC and can completely control this market. I think now is the time for people to feel more worried because the market has increased over the past 2 months and it is certain that June will have a big correction from the market. Anyway, if you have a higher profit of 25% then consider sell to ensure your profit
sr. member
Activity: 910
Merit: 251
May 26, 2019, 07:52:23 AM
#20
I'm not surprise that these days where bitcoin is rising nicely, technical analysis will continue to come out whether it's positive or negative news. As of now, bitcoin is growing nicely. Technical charts of weekly assessment might be a good one. So, bitcoin traders are really maximing the current conditions. No matter how technical analysis will come out, traders will continue to flood the exchanges.
sr. member
Activity: 854
Merit: 252
May 26, 2019, 07:43:19 AM
#19
According to technical analysis, the BTC will down to the resistance around 7070, then to around 6860, check the chart for more details.
https://screenshot.net/wr9pxf6


According to my TA(technical analysis) it will go down to 7500$ then increase again back to 8100 to 8300$.
But this is only my idea base on my understanding in the graph dude. Well, anyway for what is important so far is
that we need to take a chance again to buy Bitcoin then hold.
member
Activity: 728
Merit: 11
https://streamies.io/
May 26, 2019, 07:26:47 AM
#18
According to technical analysis, the BTC will down to the resistance around 7070, then to around 6860, check the chart for more details.
https://screenshot.net/wr9pxf6

I checked the chart and it's quite reasonable compared to the volume of the BTC. But my question is, how can we determine the resistance of the BTC? Is it a big buying wall or what? Can anyone explain help me?
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
May 26, 2019, 06:54:17 AM
#17
BTC continues to grow, although there are some jumps down it still returns to its price and continues to grow
I think by the end of the year he will exceed his maximum
They don't know the market conditions so they feel it will move backward. But some big selling was occur in crypto automatically it was go to dump and pump. I think this is not useful in this situation because again market was stay in a right way. So better avoid these kind of useless thread.
copper member
Activity: 1218
Merit: 1
May 26, 2019, 06:34:08 AM
#16
BTC continues to grow, although there are some jumps down it still returns to its price and continues to grow
I think by the end of the year he will exceed his maximum
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