Bitcoin Forum

What do you think guys? BTC can go up or down?  :-[

Nobody know about it yet my friend because everything is very unclear.
if we are seeing it from Technical Analysis perspective,we could see that it will go down a little bit harder and will create a new low.
but in reality,when we're doing it before.
Bitcoin moved to the opposite side from our analysis,which mean it is very possible the price go up from this point and at the same time it is possible for Bitcoin to go down from this point.
so,i think we do not need to care about it too much because it's out of our control.
it would be better for you to choose your own place(entry point) based on your capability.

it doesn't have to be "either or" kind of deal. for now price is mostly stable and stuck right in the middle of these two prices. and it may stay like this for a longer time since there is a good chance that an accumulation is happening right now while the price is low and stable but with a higher volume.
but until it actually moves ahead and breaks some certain price levels we can not say for sure. that is why it is also considered an uncertain period in the market.

As the price is moving sideways it is more likely now that we will move upwards. Of course we all know this is not true always, but i am sure  most of us are hoping for the positive one.

hello guy , this is an english section , you need to write in you own language section if you are not typing english(I hope you got me coz i don't know Russian!)

both are correct , the thing is to know "when" , and that's a million dollar question!
we use all technical and fundamental analysis to find that out!

move to the upper boundary of the descending channel, this is the area of 8k

And how much you believe in the technical analysis ?

Fundamental is all right but I have got hate for the technical analysis. People are literally making fun on the forum by editing whatever graphs they want and start commenting on that. They think just representing the graph in different way and giving it name of few theories will make it look like that its deep technical analysis of the whole thing. But its not. This means only one thing they are not true and they are just crap. Well few exceptions are there but its not about them its about other 99% whose making the crap. :P

I also noticed that many speak about some technical analysis that they invented themselves, and just give it the truth)

At this stage, I don't think somebody can clearly convince me on where price is going even though on my own I'm expecting an upward movement but the market is still dragging and ranging whose direction I can't certainly analyse.

I am thinking 6000$ is a very crucial position and I am thinking it will go up from here as its down from a long time now and now its time for it to recover and get its old position back.

No one can predict or tell what exactly gonna happen next even with all the analysis, but trying to be positive here i think it's gonna go up to $8,000 after what happened this past few months it is mostlikely gonna go up.

Bitcoin has certainly proved itself capable of going up after a lot of crashs/corrections/forks and has amazed people with how much ground it can win in very short time stamps , yet such periods are very unpredictable and with bitcoin's prices being stable between the 8k and 6k figures we can't really know what's happening .
One thing for sure if the price doesn't go up , the creation of new coins will have the market cap divided by more and more coins and that'll eventually make the price drops , the process won't be quick but will be certain and i honestly don't think that we'll reach such case .
As for what happens next , i think that it'll continue to be this stable until the beginning of June and only then we'll know what will really happen with the market , staying positive and holding is our only solution for the moment .

I think that it will bounce well from 5500 dollars, there is a very good level. It's my opinion :)

Recently, the price of bitcoin ranged from 5800 to 20000 dollars for 8 months, everything turned upside down and everyone is now getting used to this situation. Only over the past couple of months, the price has walked from 5800 to 8000 several times and that will be difficult to say tomorrow.
5800 or 8000 - in fact, it is not so important, but it is important to learn how to trade with the growth and decrease in the price of bitcoin.
If tomorrow everything falls-just be another great chance to re-buy at a better price because in any case in the long term prices will rise.

Bitcoin price I hope not down again and I hope bitcoin price reach 8k dollars not 6k dollars. Because today price is near 7k dollars .
Downing price is not good because we can lose also if that happen . We want to see bitcoin price pump.

My advice is to not worry about the short term price swings.  I'm sure bitcoin will rise massively over the next few years so you should be thinking with a long term mindset.

I I had to choose etween btc reaching 8k or 6k first again I would choose 8k easily.

I think the market has started a bullish trend from its steady move this week. Going back to $6,000 might not be coming back this year. And I think we need to buy in at this moment because we are heading $8,000

I would not say we are heading towards a huge bullish moment at this point until we are able to surpass $8k with a good volume.

For now though, it looks as if the market is actually trying to set out to around this $8k due to how the bulls have been so strong thus far. Nevertheless, we have to understand that the bears are still around the corner.

Bitcoin continue to rise little by little and in some point if more investors will be attracted of this movement, we will be able to see that surpassing 8k$ mark is really achievable, more supporters will comeback since its already the last quarter of this year and the ghost month probably be change by good
and positive vibes from people who still believing that bounce back will happen before the year end.

The current situation tells me that BTC will be increasing slowly and by the end of this month it might be able to cross the $8000 threshold.
BTC has been below $7500 from the past few months and once it crosses $8000 then the next target will be $10k. BTC will hold a good support at $8k.
If things go well BTC might cross $10k by the end of November and this might also lead to a bull run. We can't expect how high the price might go if the the bull run starts.

From the technical analysis the price of the BTC in the support area now so its will be going up, but technical analysis does not fully accurate and others factor like fundamental analysis is make more bigger impact to Bitcoin. If Bitcoin ETF approved, i pretty sure the price will sky rocket just like price of gold when approved by SEC .