Will Bitcoin reach 18600$ level in this week ends? - page 2.

tabas

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

Only one sure thing we'll have, we'll get unknown answer for this week. Just to sum it up, have yourself be positioned in what you're thinking. If the weekend will have it favored to btc then what you're gonna do rightaway? Are you gonna sell or not?
IMO, it won't matter what we'll have in the weekend because it won't change a thing for bitcoin as a volatile asset.

m2017

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Quote from: mk4 on July 05, 2022, 12:24:04 AM

Also, maybe read around first? We already have a crap ton of bitcoin price-related topics.

As long as there are Bitcoin, similar topics will always be created. At the slightest price change, regardless of whether the bullish or bearish trend prevails. It's probably better if you just ignore them.

"Will Bitcoin reach 18600$ level in this week ends?" - if my "~~expert~~" opinion is important, then I have absolutely no idea whether this value will be reached by the end of the week.

I will ask a counter question: what will change for I_Am_Chamara if bitcoin reaches 18600$ or doesn't reach it? It seems to me that on a "global scale", in both cases, nothing will change.

dragonvslinux

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Quote from: bitterguy28 on July 06, 2022, 01:59:59 AM

Quote from: fzkto on July 06, 2022, 01:51:37 AM

It's really funny to speculate about 18600 now, because that price is in the current fluctuation range. It may or may not happen in a few hours. No one will give an answer to this question, especially not in such a short period of time. Right now many are talking about a new bottom around 10-13k, and 18600 is of no interest to anyone.

Lol let them seek for 10-13k and this is what you will get if the price starts to increase now?

Quite obviously they will buy at $25K if price hold the 200 WMA a confirm a local botom. But these buyers are waiting for confirmation of a bottom aren't concerned by this either. They're prefer to buy at $25K rather than $15K, because they want to buy opportunity not price. In the same way they'd prefer to buy $15K if price dropped to $10K. $5K if price dropped to $1K, etc.

In summary, they aren't concerned about buy 20-30% from the bottom, as arguably it's better than buying the lows before price drops in half again...

peter0425

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

Just continue using your Magic ball , it may lead you to more losing predictions Grin

Like the first post from yours, none of us knows and no one will ever knew so lets accept that it is all speculative and only relies to what will happen soon.

yhiaali3

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With the very clear decrease in liquidity in the market, I see that it is difficult to find a real rise for Bitcoin, it is sure that it will return to the downside again, this swing is the dominant feature on the market at the moment and I think it will continue for a period of time until we witness the stability of the markets, perhaps this will continue for the most part Until the end of the year and then we can see what can happen, until then in my opinion the best thing is to wait and buy more bitcoin in this bear market for people who have dollar capital in their wallet.

Poker Player

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Quote from: bitterguy28 on July 06, 2022, 01:59:59 AM

Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

What is your reason for this to happen? what is your position if this happens? are you planning to buy chunks of Bitcoin ? or you are just spreading FUD now?

I think it is due to a combination of Doritos overdose and boredom, rather than the result of conscientious study, as I have commented in another similar thread.

I don't see the strong bullish pattern anywhere, and I'd like to see it, but I can't. Although prices are practically impossible to predict, I believe that in the current context of reduced liquidity it will be difficult for prices to pull up strongly, at least in the short and medium term.

bitterguy28

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

What is your reason for this to happen? what is your position if this happens? are you planning to buy chunks of Bitcoin ? or you are just spreading FUD now?

https://coinmarketcap.com/currencies/bitcoin/

look at the price now ? still keeping its head up so how come that you expect this week will dump that bad?

Quote from: fzkto on July 06, 2022, 01:51:37 AM

It's really funny to speculate about 18600 now, because that price is in the current fluctuation range. It may or may not happen in a few hours. No one will give an answer to this question, especially not in such a short period of time. Right now many are talking about a new bottom around 10-13k, and 18600 is of no interest to anyone.

Lol let them seek for 10-13k and this is what you will get if the price starts to increase now?

let us use the situation to take the advantage and not to stay in that level of expectation .

fzkto

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It's really funny to speculate about 18600 now, because that price is in the current fluctuation range. It may or may not happen in a few hours. No one will give an answer to this question, especially not in such a short period of time. Right now many are talking about a new bottom around 10-13k, and 18600 is of no interest to anyone.

Dave1

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

In a bear market, it doesn't matter if we are going to closed the weekly with positive or negative. We even have like 8-9 weeks with red candle but still we are standing close to $20k.

It's better to look at the long term perspective though. Unfortunately, analysis still show a long hard grind that maybe this will be the price that we are going to see this December. And we don't know what we need to break it, I guess there's nothing we can do but to let the market goes into its course.

sheenshane

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

Though it's unpredictable and we know it, but I'm still hoping that bull run will come this month.
There's a few good news that I've heard around the community and I think that will be triggered the Bitcoin price increase.

Technical analysis sometimes will lead you to nothing if you will not also look at the fundamental analysis, they should always be there when you predict the market. But I don't want to scratch my head thinking about it so much, I prefer to wait until the bull trend will come.

wxa7115

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

I do not think it matters that much, even if this is some key level which could indicate a further drop in the price, something which I doubt, this is not really the moment to think about such things right now.

What matters is that the price is cheap enough already so we can justify buying bitcoin right now, maybe you do not want to buy it all at once in the case the price goes lower, but that is why strategies like DCA exist, so you can employ it and get even cheaper bitcoin in the case the price keeps dropping.

Husires

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Bitcoin can move in a 5% price up or down, so going back to that level will not spread FUD and fear in the markets, and it is not a strong resistance barrier to be afraid of being broken.
Can we get 18600$ during this week/month? Yes, we can touch that price, but we need something bad to break it.

Apocollapse

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Quote from: MCUKing on July 05, 2022, 03:46:16 AM

Yes this is really a huge dump and i think no one know whats happen with BTC and when it is recover its a huge dump

What happen with BTC = many newbies and weak hands holder who only believe what those self proclaimed expert speculation.
When Bitcoin will recover = we don't know, but at least since we're believing Bitcoin will recover from the current dump, we shouldn't worried with Bitcoin if the price continue to drop as we're know it will recover in the future.

Nrcewker

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

I can see that comparing the previous week, this week Bitcoins are moving up very slowly.
So yea not expecting any miracle from Bitcoins at least when this week ends.
BTC will probably struggle in the 20,000 margin only.
Don’t know if BTC will fall below 18k usd or not, but yes it won’t move up also.
This time this bear market has really hit hard to all the investors. But still let’s expect positive results soon.

maydna

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

The movement of bitcoin this week after the gains has decreased slightly, but the green candle is still visible in the market after getting the red candle. It's still hard to predict where bitcoin will go, but if bitcoin holds up, there's a good chance the price will return to the $20k level. In addition, there is still a possibility that the price will drop back to a lower level, so before that happens, you better prepare yourself. Hopefully, this July will bring some change for bitcoin, and it doesn't fall to a lower price than now.

Yaunfitda

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Quote from: I_Am_Chamara on July 04, 2022, 11:28:30 PM

Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

It went as high as $20,300 if I'm not mistaken, unfortunately, it was not sustainable, as the price goes to $19,750. So this could be the pattern for some time, it will just tank and trade sideways.

Why not look at it for at least this month and see how it goes? But for me, I'm not seeing any major movement. So maybe it can go to $18,600, maybe not.

MCUKing

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Yes this is really a huge dump and i think no one know whats happen with BTC and when it is recover its a huge dump

mk4

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Also, maybe read around first? We already have a crap ton of bitcoin price-related topics.

I_Am_Chamara

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Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?

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