Bitcoin Forum

4 Hours graphic

https://i.hizliresim.com/Ygp2k2.jpg (https://hizliresim.com/Ygp2k2)


Day graphic (40k ?)

https://i.hizliresim.com/BLNm8L.png (https://hizliresim.com/BLNm8L)

Looks like bitcoin is at strong support and is ready to sky rocket from here, only if it can break 11700 and then 12000 resistance then bitcoin can be unstoppable, im still positive about it.

I think as soon as the bitcoin passes the mark of $ 12,000, then the crazy growth will begin. I hope to reach $ 15,000 in a few weeks. now the market is not in the best form so you can buy a cryptocurrencies!

All analyzes depend on what perspective you look at (what period of time you are analyzing). The longer the period, the more clearly it can be seen that Bitcoin has an upward trend all the time, and that what is happening is for BTC stabilizing before the next increase.

Hopefully this is true, I hope so because if Bitcoin price to the moon at least the other coins also going up although the alt coins price will be going up when Bitcoin price is stable right? I'm just believe this tech, learning how to read that graphic is not easy that I think

Graphics like @OP's cannot count events like Bitgrail hack, Binance fail yesterday, etc.

I also think that Bitcoin will soon crack the 12000 resistance.

support for 9k$ is outstanding, I am guessing 15k$ will happen this april, if not, then 10-12k$ is the fluctuation area. Too much FUD nowadays by the way.

If the MT Gox fund trustee rumour is true, we might not see an uptrend for bitcoin in a long while I'm afraid.

I think its the best time to buy BTC as its gonna rise again in the next weeks.

Unstopable is very high expectation and its beyond the reality.
I also realize that bitcoin nowdays has strong support and resistance which is very difficult to break. Once its breaking, sulport or resistance then it will continue the price very rapidly.

dont be afraid bitcoin will be bouncing back again soon!!
From $10k to $40k this july, why july cause i have a strong feeling that bitcoin run will start at the month of july

There's nothing wrong with it. It all depends on the period that is considered. The longer the period of time, the better trends can be observed.

I expect to see again a big rise in 2Q of the year. Bitcoin should reach at least 30k-40k.
Hack and bugs can always happen on that road, but I think that BTC will overcome that.

Why would he grow in price ?? I think there is no support there. Everything from him has only recently been amended.

I hope you are right about that. At least I agree that graph predictions don't really work in this area, I don't think bitcoin will go down to $6k again soon.
I like the general attitude in this thread that btc will rise soon, even though for now it's been falling. If more people thought like that we could actually make it happen. The news for now are not very good, however. Except perhaps the fact of Arizone trying to pass a bill allowing people to pay taxes in bitcoin.

Bitcoin prices are determined by everyone who has Bitcoin (whatever amount).
If you have Bitcoin now, you are one of those people who determine the Bitcoin price. If most people who have bitcoin suddenly sell all of their Bitcoin, then the price will go down.

Graph explains that bitcoin value can goes more to 40k USD in some months. That is what actually graph is speaks about. If you want to invest on bitcoin this week in the right time than anytime.
If you exchanged any cash already. Please invest that amount back to btc. I am sure you will find the big profit soon.
Arizona news about taxation option is outdated bro. Few hours back bitcoin value down more use the time and buy more.

I am also very bullish on bitcoin and I love the panic in the market. Everybody is just saying that Bitcoin will die in the next time and we will see a bearmarket... But I think we have strong support and we will go up soon!

I don't think we wil be seeing a big spike in price any time soon. The market is going up an down but what is most concerning is the declining trading volume.

Bitcoin $9K support is holding for now. It needs to go above $10K and then $12K to indicate that this
correction is really over.

Especially a new article created by a liar. It looks like bitcoin will go to 9k again. I think that 9k should be a bottom to the bitcoin itself. Another increase in the bitcoin soon. At the end of this year it may break another ATH or even more. It looks like we have strong support at 9k rate. Some people were seeing about the possibility of bitcoin to get a big jump in a short time.

New Trend?
Looks for a new new bloody time.
Why? I don't now.

I think that bitcoin will not grow for now. Too many optimists))). As soon as many lose hope, the market will take rise.

4 hours graphic

new trend  (8730 $ under )

https://i.hizliresim.com/rOp6zP.jpg (https://hizliresim.com/rOp6zP)

I think we will going down again to $6000 in the next few weeks and the hold in $6000-$8000 range for months before we can goes up again. Or maybe this bear will last untill 2021 then we can see clear sky to make all new time high. I predict we will touch $100k in 4 years from now.

Rumours and TA showing,that it might bounce from around where it is now,and up trend we will see.Hope so.Makes me crying seeing my alts -x2-x3 for last few months:/

MtGox rumors are true. if you look daily btc graphic you will see all big dumps are in Tokyo time so they sold a lot btc and btc got dumped hard. but it will end and there will be no more btc to sell and than pump will start. Daily and 4hours RSI in btc is in dip , its just oversold and people who believe btc will buy btc . when btc rise / recover all alts will follow. total marketcap will reach again $800 billion . so be patient guys and HODL.

The decline that occurs according to the analysis will only be a moment. A lot of speculation says that Bitcoin prices will rise again and that it's happening right now, panic a few hours ago has also aggravated the state of Bitcoin's price movement. As before that the decline in Bitcoin prices has made a big impact on the price of Altcoin, Bitcoin is amazing because it can affect various aspects of the world of digital currency as a whole.

Bitcoin still can’t go over the $11k mark yet because of the negative news its thrown at, it just dropped down back again to the $8k+ mark thus correcting again its price before it reaches back the $11k again. It will be a difficult year for Bitcoin but I’m sure it will soon recover.

How about now? The market crash again. I still believe the market can recover later. Hopefully, peoples not doing cut loss because of this condition.

I think we are going to test the lower side a little more. I can't see another huge bull to new highs any time soon. I think any progress made from now until all time highs will be very staggered. Or I hope it will anyway because the kind of run up we saw in December was pretty unhealthy and full of speculation and exuberance.

BTC is rekt right now, we will have bear continuation until 3k IMO and then lets see. It definitely doesnt look good, thats all I know.

Long term im very bullish thought, mt. gox selling off all their coins is a blessing. This sellpressure will be gone.

we must always be optimistic and do not be pessimistic with the current market conditions.
I think bitcoin will recover soon, though the end of the decline has made all panic and has aggravated the state of Bitcoin price movement.
when Bitcoin rises / recovers all alts will follow, so be patient guys and HODL.

I think the market has not really got a fulcrum to bitcoin as spectacularly as last year. The information is not very positive is always the point of causing the outbreak of bitcoin as the problem binance is encountered and need to authenticate.
https://coincentral.com/binance-funds-safe-users-affected-api-hack-will-unauthorized-trades-reversed/ (https://coincentral.com/binance-funds-safe-users-affected-api-hack-will-unauthorized-trades-reversed/)

Everyone still believes in bitcoin and its further growth, and we see its fluctuations at the level of 10k and as soon as it tries to overcome this mark, correction and recession immediately go down to 8k. Personally, my opinion is that this is his limit and you need something new for his growth.

Someone sold about 500 millions worth of bitcoin to the Japanese market. But that makes me curious about why he was doing it rather than try to hold an auction for a lot of his bitcoin? it seems a bit strange to me.
But the fact he was saying he has confused to manage the rest worth 1.8 billion of bitcoin.

Markets have their own cycles, if bitcoin falls to below $ 6,000, this will provoke a panic, as in 2013. After this, the market will recover for a very long time. I'm not sure that the big players will allow this option.

He does not have any support. Large investors sold Bitcoin and no longer keep it on their wallets. What are we to do with mortals in this situation?

It has every cycles in the market a cycles that should be observed. Indeed once it continues on going down many would sell really of their bitcoin because market feels cant survive if that happens. But ofcourse since fluctuation it will increase in the market.