Bitcoin Forum

Economy => Trading Discussion => Topic started by: DroidR17A on December 11, 2017, 09:49:37 PM



Title: The Next Bitcoin Short
Post by: DroidR17A on December 11, 2017, 09:49:37 PM
Bitcoin was trading just under $20,000 right before the weekend, then dropped around $6,000 and is slowly picking up for the next long. David Chapman, who accurately predicted BTC would hit at least $10,000 before the end of the year, now predicts $100,000 by the end of next year. Knowing how BTC ebbs and flows, a what price do you think the next short will happen?

https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/ (https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/)


Title: Re: The Next Bitcoin Short
Post by: 949miner on December 11, 2017, 10:37:52 PM
Once that it hits $20500 it will start to go down again, just like it always happened, everytime that there is a psycho barrier, it breaks down a few thousands and then go up again.

I really think that it will be touching $20k, and then go down to $18 or $18,5, this is my though.

Knowing how BTC ebbs and flows, a what price do you think the next short will happen?

It will happen sooner or later, there have always been some retracements but that is normal, we all need a little dip in order to re-stock our portfolios with more coins.


Title: Re: The Next Bitcoin Short
Post by: rodskee on December 11, 2017, 10:56:57 PM
Bitcoin was trading just under $20,000 right before the weekend, then dropped around $6,000 and is slowly picking up for the next long. David Chapman, who accurately predicted BTC would hit at least $10,000 before the end of the year, now predicts $100,000 by the end of next year. Knowing how BTC ebbs and flows, a what price do you think the next short will happen?

https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/ (https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/)

hard to vote abd also hard to explained about the next bitcoin short, actually on my own analysis no shortage happen to bitcoin as virtual cryptocurrency the reason why the bitcoin being decentralized are part of the new moedern era of technology.
progressive of new techonolgy bitcoin also continue to upgrade
bitcoin using internet connection and internet continue to upgrade of speed access bitcoin continue to progress
the mining can mine more bitcoin or other coins to contribute if the scenario you are worrying bitcoin become shotatge


Title: Re: The Next Bitcoin Short
Post by: jimbo2000 on December 11, 2017, 11:08:03 PM
Probably before 20k, round numbers always seem to provide a lot of resistance, I suspect we may see bitcoin somewhere around 19k tomorrow or the day after before another fall to about 16k. This isn't based of any techinical analysis, just my simple opinion by watching how it traditionally moves.


Title: Re: The Next Bitcoin Short
Post by: Albert211994 on December 11, 2017, 11:50:03 PM
I'll bet it will be between 18 to 19K. There will be multiple testing of this resistance before it finally breaks it and record a new all time high. That has always been with bitcoin or any commodity. Currently that is our resistance level and I doubt it will be broken any time soon.


Title: Re: The Next Bitcoin Short
Post by: Jaya912 on December 12, 2017, 12:03:12 AM
Now the price is not over than $15k per bitcoin. It goes up and down so stable and not like before.
I like this price run because it moves not so fast. Short time i will say bitcoin will reach $20k then correction after that