Bitcoin Forum

New Update June 21st: 9.7k Broken!! What's next??  12.8k - 13.7k

We have projections of 12.8k to 13.4k!!

YouTube Video Here: https://www.youtube.com/watch?v=3YUtWApcDCQ



UPDATED June  20th:

Apologies for not updating this thread here! I have been posting update videos everyday though! :)

We got in our BTC position at $3.8k based off the MONTHLY and since then all our targets have been hit!

In yesterday's video we projected RETEST of 9.4k and said that we were unlikely to make the move down to 8.4k just  yet. Today we got that move!

We also got the MULTI-YEAR Gold breakout that we discussed yesterday (pure co-incidence that it happened the next day! but I'll take it!)


Yesterdays' Video: https://www.youtube.com/watch?v=e4edtBga0Tg (https://www.youtube.com/watch?v=e4edtBga0Tg)

So what's next? I'll be posting a vid again this evening so stay tuned!  :)

(Hint, in our previous videos we were discussing 11.5k targets and beyond  ;) )

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OLD UPDATES:

Hey guys – we've been watching for this particular move for a couple months now. We've been following BTC ever since the break of the 55 EMA ($3800-ish) on the monthly.

In our last two vids we discussed the break of the Monthly 21 EMA and (just confirmed) the break of the WEEKLY 55. This is extremely bullish – and we're expecting continuation to the upside moving forward.

Ichimoku looking great as well, and showing a possible target to $7400-ish, after that we'll have a target of 8.4k and then await retests of the levels underneath.


UPDATED MAY 18TH:

Second update guys, we have now reached a decision point on the 3DAY chart. As long as we close the 3day candle (tomorrow) above the 7.1k -ish level, we should go ahead and revisit the 8.4k

However, closing below this level may have us ranging/retesting the low 6k region. I explain my thoughts in this video:

https://www.youtube.com/watch?v=wX-T1qnYUgk&feature=youtu.be

1. 6150 --> Broken (awaiting retest).  Got retest (bitstamp only)
2. 6350 --> Broken (awaiting retest) (Got retest!)
3. 7.4k ---> Broken and retested.
4. 8.4k ---> Target hit

UPDATED MAY 11TH:

What'sup guys!

Quick update to this projection! We've broke the resistances we spoke about in our last videos:


Here is an updated video with our 7.4k projection!

https://www.youtube.com/watch?v=ZwzikZ3Ri2k

Older vid:
https://www.youtube.com/watch?v=xRkgfctxqqA&feature=youtu.be

I hope your right and let it start pumping up.
A great news for us all we only started this month and it is already showing up a good sign.
Let's all hope that this would make this whole month a great month for crypto industry.
We are still currently at $5,751 and I hope it would start to rise up soon.

Yes, you are right. I haven't looked at Ichimoku for quite some time, as I don't use it in my trading system any more. But all parameters of the daily Ichimoku appear to be very bullish:

a bullish TK cross already happened,
the price above the cloud,
the future cloud in the green, and
the lagging span above the price.

All classical Ichimoku parameters speak clearly in favor of a bullish run. Had I been using it, I would've been long 2 weeks ago or so (depending on the actual exchange). Presently, the only question is: "How long will it last?" I have seen such promising runs end abruptly in a couple of days, but I hope this run will last until at least your indicated target. BTW, I didn't know Ichimoku could also give you the target price. Can it really predict the target price or how does it work?

The sudden uptrend of the market is really surprising.
There are lots of speculations and analizations coming out and they sound to be all the same these days.
The pump is quite fast these past few days and the
changes are really visible. Investors who are rushing to accumulate more also affects the price of Bitcoin and we should start believing that good days in crypto are coming.

The 'good days' in crypto were when the price price of Bitcoin was hovering below the $4000 mark. Right now you're buying into people's greed, which is something I rather sell into.

The price can surely go up more, but after what we have seen already from the bottom last year, it wouldn't surprise me to see some mid term consolidation. If the demand has really increased significantly, we'll notice by breaking through $6000 and then $7000 but lets first see if we can get past the $6000 level for now. :)

Indeed!

We just completed the daily as well as the two day edge-to-edge trades as well. The first target was $4800 and the second target was $5800.

Now 3day cloud is pointing to a possible $7400!

I discuss it half way through the video if you're interested:

https://www.youtube.com/watch?v=xRkgfctxqqA

Good, I'm extremely bullish two months ago and your TA has provided good insights. But we need to take small steps though, officially we haven't touch $6k, but I'm not worried because eventually it will be breached soon.

As for the $7400, damn if we get to reach that target in the next coming months then everyone should be very very happy. But let's not celebrate first, we need to stay focus and let the market do their thing.

We already surpass this level on some exchanges, some correction might occur here (or not).
Not sure if this happened due to purely technical analysis or the market was influenced by the recent news such as Fidelity offering crypto services and so on.


Be prepared for anything :D

As most had predicted, the market is slowly recovering. This kind of growth is more realistic than sudden price surge. Been expecting the market to grow steadily and slowly because of news and articles I had been reading about crypto adaptation and development.

Let's just prepare for what is coming, and accumulate as much as you can.

How surprising can it be when price has been down for more than a year and almost all indicators including EMA are showing good signal for a bull. I for see a longtime bull with the new trend that has formed.

Bitcoin is closing in on the $6K mark and will bypass it shortly in my opinion as expected. The next target will be $7K which it will most likely by the middle of next month if it continues rising organically without any negative news to slow it down. Exciting times indeed.

Not yet, we can still retest the support at $5000-$5400. But i already set my target around $6500-$7000, because i need to pay my bills and buying some other stuff. Already holding a major coin for more than 1 years and now it's to harvesting my investment.

We almost reach $6,000 in some exchange, but the sign of breaking higher than $6,000 barrier still there and I hope that it will break in this day or the next day.
But before it could break the higher price, the price will adjust first so it could load some power to increase so be careful if there is a small down of the price.
To reach $7,000 it's not easy, and I guess that it could happen in the next month but let's wait for what happened later.

Seems OP forecast going to be true, we are very close of breakout. Expecting breakout would might happen within few hours. Hourly candle seems green (Binance), so most likely breakout very near. Bitcoin should hold strong resistance above $6K zone for next bull run. All bitcoin holders wating for  that movement. It has been long time that holder become bored. So expecting something good for holders.

I do hope that we will see a break-out in the next 12-24 hours. Just today the price seems to fluctuate but heavily but it seems the magic number of $6000 can't be breach as of this time. I get that feeling again, in 2017, wherein we break $5000 then $6000 although I would suggest not to jump and celebrate yet. $6000 and $7000 is just around the corner and I'm sure everyone should be very happy to see investments grow after a long bearish market.

Currently it has been broken and is stable at $6000 price in Binance exchange. I think this is a very good sign for the market to be ready to enter a new phase because lately everyone's psychology is very good and they are willing to invest in Bitoin again if the value of Bitcoin can be stable in terms long time . I have seen the analysis of top experts and achieving a price of $7500 is entirely possible in June so consider investing if you want to make a profit.

A very good sign is that the current security breach at binance had no real impact on BTCs price, hence it even broke through 6k despite the news. Hopefully, bulls are back and we see 9k again at the end of the year.

I also felt that binance hack will have a significant impact on the price of bitcoin however reverse is the case this is a good sign of bulls having a good ride of the market, obviously bitcoin reaching $6K will retrace before continuing the journey upward and gradually investors are gaining confidence in the market possibly the price would reach $7K within the  shortest time without any price manipulation of the whales.

Congratulations!

The prediction is correct, we are now at $6100 and I think your target will be achieve soon.
I like to see $7000 of course, this will make the market look more bullish, and next target would be $10,000?

Slowly but we will be there soon, 7 more months of solid bullish movement.

Yes, I see that the price break $6000 level and now it's stable on that price.
But I don't know how long it still stable but I hope that we could see bitcoin price to increase more than now.
So the next target for bitcoin price is to reach $6,500, and I think we could see it will happen in this month.
But if the price cannot reach that price this month, we don't have to worry because bitcoin will make it happen in the next month and the rest of the month in this year.

currently there is a very good momentum shaping up that is leading to all these rises and breakage of price levels which looks to some people like "resistances" but the thing is that although this momentum exists, there still is a lot of forces opposing the rise including the whales who don't want to see the rise since they made mistakes of shorting bitcoin while it was rising and lost millions and also lots of newbie day traders who are selling on each turn and are slowing down the rise.
with that said the "$6500 target" may not be here as fast as you think. I was expecting things to be more excited and with jumps specially when price reached $5500 but ever since the FOMOs didn't happen as they should have, I have come to the conclusion that the rise will be a slow one.

Longs taking profits will also likely be an impediment on our way above $6000, and there’s likely still some significant resistance overhead near and above the $6000s where we dropped from in November. Overall surprised how well the bulls have kept the bears at bay though, most of the dips in the last few days and weeks have been very vigorously bought up, though I personally expect some sort of a correction very soon.

I am hoping that will happen so that all bitcoin holders will be happy including me of course ;D
Actually, so far BitcoinBTC was 6,041$ each, which is really a good sign, its really kicking its price in the market
as of the moment. So as long as there is an opportunity to buy, well better to buy it now before it become 7k$ up
to 10k$ each Bitcoin.

Here come the "prophets" ;D

Expectedly, we're going to see more of Bitcoin prophets spring up now that price is beginning to soar. Don't forget that price rise or fall is subject to market sentiments. These sentiments can't be predetermined before hand. Even TA aren't 100% certain. This is a speculative industry where any price direction is highly possible. For those buying in now, you're merely chasing the price. Wait for a retracement (this correction is imminent). Otherwise you end up buying the high.

Just like when we see a lot of permabears when the price is dropping. I agree with you that the market is based on speculation and we can't predict what the overall sentiments will be. There could be 'healthy' pullback along the way, we have seen this many times before and will definitely occur when we are seeing massive spikes. But for now, let's ride the waves and then strategized and plan for the future.

I am actually waiting for the next retracement or correction because I am planning to convert my Eth to Bitcoin. I am sure there is a correction for this little bull run days from now. these days when Bitcoin is going strong, there can be the proliferation of many good predictions of the so-called prophets. Well, I myself can be making my own predictions and when things are going rosy it is always nice to be positive though we should also be cautious at all times as the market is always unpredictable and sometimes be shocking.

Definitely, some retracement will happen sooner or later. But for now, it seems that their is euphoria, similar to what we have witnessed in 2017. Maybe the FOMO is real this time, I thought that the FOMO will lead us to no more that $5k, but I was mistaken.

Anyways, just want for a correction before making any drastic move.

you should never wait for correction to convert your altcoin to bitcoin. that only works when you have fiat and want to convert that fiat to bitcoin because fiat keeps its value whether bitcoin goes up or down but altcoins go down both when bitcoin rises and also when it falls. so you may end up losing more money twice if an actual "retracement" occurred. and you have already missed your chance to get the best conversion rate between ETH and BTC since ETH has dropped nearly 10% against bitcoin so far and that will only grow more.

There were lots of speculation about bitcoin hitting 6500 dollars and I believe on that prediction. But the thing in here is once that first prediction became real, I believe that it will dump again and the dump will be very low. But I really love it when this prediction will come true even though it includes a dump. Since after the dump we are preparing for another flight of bitcoin.

What'sup guys!

Quick update to this projection! We've broke the resistances we spoke about in our last videos:

1. 6150 --> Broken (awaiting retest)
2. 6350 --> Broken (awaiting retest)


Here is an updated video with our 7.4k projection!

https://www.youtube.com/watch?v=ZwzikZ3Ri2k

Why do you think that there are incoming dumps if we breach $6500? Yes, we are in the overbought zone, but I don't think that people are dump and stupid to sell because it doesn't make sense to do it in a bullish market.

@butterWheelz - let's see incoming $6700 to $7400 break out.

A lot of threads of the Speculation and the Trading Discussion forum kinda look similar.It would be great if we could combine both sub-forums to avoid duplicate or similar posts.
I'm not familiar wit the Ichimoky analysis,but it's awesome that bitcoin is moving forward to 7K USD.
I can't click on your youtube links.(I'm too lazy to copy-paste)please make them clickable.

This is the biggest achievement of the current year to all the people who have been in crypto. This takes 6 months to crossed $6k and everyone is hoping for a bull run. The market is growing so speedier and getting recover day after day. This is good news for all the investors as well as crypto holders.

Now many people have to look for make the investment as per the current market grows. So they find a better way to make a profit in the future. So use this opportunity wisely while making the investment. As per me, Bitcoin looks the best option to make some great profit at the end of the year.

Bitcoin is dominance again even without good news this is what we all waiting for a comeback of bull run those people who have a high patient are now being happy to see what happen to Bitcoin.
Hoping this good run will last we are waiting to break the $7000 and almost touch this day.

Let's enjoy it, I'm not moving anything of my coin because I believe bitcoin is still not over rising.
It cannot be denied that the dominance has really increase, that's expected as people are investing more on the most legit coin in the market.

Haha, as if you don’t know orbelieve in the power of trend again, before the trend of $6500 came, was it not $6000 we were all singing praises of, now that the $6k has come to pass, you see we have picked $6500 and this is the same way the trend will continue.

I have already seen people start making trend for $7000 again, and people are following this trend and falling for FOMO, the fear I have just like you do is that, the trend will get to a peak that it won’t work again, and might cause a major dump, probably why people still think the price of bitcoin will still retest $4000 before regaining its bull strength again.

BTC is always on the top and theres no doubt on it. Dominance would really be just on default yet we have seen on how strong the support for BTC on the first place.Lots of speculations
and analysis been popping out everynow and then.Most of the time it can create some FOMO but talking about on my own btc holdings im still holding it no matter what would be the price.
My portfolio is divided in two which one is good for short and one for long term.

You are right, everyone has tried searching over the news and internet to see that factors that are pushing bitcoin upward and have found none, there is no practical good news that we would have said is assisting bitcoin increasing that high, which means that it is very glaring bitcoin has fully recovered and on its way to bull run.

This constant breakout we are currently witnessing will really be a breaking point for the new ATH and I see bitcoin continue breaking all barriers that will lead it to the new ATH without any further correction. It is time for short term traders to be making enough money in this bullish market.

You do not really find the reason behind the rise in the value of Bitcoin because there are so many factors that affect the value of Bitcoin directly or indirectly. It’s volatility is one reason. You mist be surprised to know that the invert parabolic kind of curve that Bitcoin made last day when it surged above 7000 value was exactly the same which we witnessed back in November 2017 till December.

The price is already up to $7000 now and all those bitcoin haters will be regretting their lives by now. There are lots of people who really want bitcoin to go down and crash to pieces, just like one of my friend that hates bitcoin and always telling me how bad it is. This time around he's considering whether to get involved in it or not he keeps on asking me whether it is late and I just tell him I don't know. He should do his research and know whether he should buy it or not, cause I can't tell what is next for bitcoin, I don't need anybody putting blames on me later on.

I can't believe we are actually here, I mean we have been talking about bitcoin "going back up" for the past 1.5 years and it has been always going lower anytime we thought it would go up. Now, it is actually going up and I can't really believe it.

It has been so long since we have seen a proper bull run, it was literally around 3400 dollars just a month or two ago and now it is all the way up to 8000, we are talking about more than double increase in less than 3 months, there are absolutely no other investments that would legit double your investment in 3 months but bitcoin has managed to do that in shorter span of time than any investment in the world. This is the bitcoin we remember, the one that made everyone richer and not poorer.

I have missed this high increases of bitcoins a lot.

the breakout happened too soon https://www.coingecko.com/en/coins/bitcoin/usd
now i cnat get back in

This time price is very unexpected surge it pass the major resistance from 6k$ my last expectation is 8500 if we go up without having a correction its clearly a sign of big fomo in the market. But i will don't ever want to jump in. Very crucial price that can dump anytime. No one should be an influence to buy bitcoin or sell. Self taught, confirmation and confidence is the best way to get into this bitcoin.

No! It has even exceeded the $8000 value in the open market and Bitcoin haters would truly be pissed at the reason that made them hate Bitcoin. It is great to see the rise coming quicker than we have been anticipating. Bitcoin above $8000 means that the bullish market is well set and it just took Bitcoin 3 days to move from $6000 to more than $8000. We are seeing a situation exactly similar to what had been happening in Nov 2017.

What is your basis about saying it's a similar situation in Nov 2017?

I just feel this bull run now is way bigger, the trading volume exceeds the money being trading in 2017, trading volume now is over $100 billion in 24 hours despite the fact that there are still a lot of altcoins that has not waken up, these money are coming from smart people, so we might not be able to see the panic that happen during the last bear run.

UPDATED MAY 18TH:

Second update guys, we have now reached a decision point on the 3DAY chart. As long as we close the 3day candle (tomorrow) above the 7.1k -ish level, we should go ahead and revisit the 8.4k

However, closing below this level may have us ranging/retesting the low 6k region. I explain my thoughts in this video:

https://www.youtube.com/watch?v=wX-T1qnYUgk&feature=youtu.be

1. 6150 --> Broken (awaiting retest).  Got retest (bitstamp only)
2. 6350 --> Broken (awaiting retest) (Got retest!)
3. 7.4k ---> Broken and retested.
4. 8.4k ---> Target hit

This upward trend started really suddenly. I like the fact that even bitcoin price rollbacks are not very significant. I think this is a very good sign.

Seriously we are going uptrend again and that will be the target hit right? Next level target will be $10000.

How do you mean the rollbacks are not very significant? Are you talking about the retracing steps? If that is what you mean, of course it won't give a notice before rolling back but the signs are always there both in technical analysis and emotions. For example, when price bulls like we noticed, it is emotionally  ;D expected to rollback for little corrections. You would have read many threads with such expectation but is nice that price is going up again.

I guess the first target will be at $8,000-$8,500, although we already reach $8000, we are in the downtrend in yesterday so we need to reach $8000 again before bitcoin price can increase for $9,000-$10,000. We will soon reach $10,000, but we need to see where bitcoin price will to go in the next week and if there is no bad news happen, then we could hope that in the next week will be the right time for bitcoin to get an increase. And who knows, in the next week, the price can get the pump into $10,000, and that means, we were making another big profit after the downtrend yesterday.

Every one never expected the price of bitcoin surge and reached more than 8000$ above and we need to have correction otherwise surely the price of bitcoin will dump to lower value again. So we should be very careful when the market starts surging because we need to hold them in the market.

If Bitcoin can remain stable at $8,000 then another price hike will soon happen in the next week and it can reach the price you say but to do this, Bitcoin needs a lot of pumps and investor psychology must be really good. I think now is the time to decide on the new trend of the market and if Bitcoin can break the $9000 price then achieving higher prices will only be a matter of time.

The market will always experience uptrend movement for the demand are high now but I believe you're too optimistic when assume the next level target will be 10,000 because the market need to build a steady trend in other for the market surge in price or trend to be strong enough or else will should be expecting another market correction.

The current uptrend is really amazing to reach suddenly so many peoples are celebrate the current market and we are all expecting it will reach 8k USD to 9k USD because continuous improvement was make sudden dump and it will raise slowly. I think again it will reach 8.5k USD in tomorrow and next hit was 9k USD.

Maybe this quarter 2 will hit the 9k to 10k mark if the movement will continue, even there are some setbacks the price are still recovering after being dump for a little like what is happening this time.

I will say this is the most critical and difficult time for the cryptocurrency to make text right or left if it was going in a wrong way then everything was totally down but if it started Fire to the moon then no one will stops the development of Bitcoin and changes will surely make the milestone in this year.

in this time we don't need to think about the selling only we need to you invest now because this time it will go to the positive direction and if we missed opportunity again then we will definitely feel for that in the end of the sea that's why depreciation is important to make quickly.

The $8000 previously attained before the correction has been retested and I just hope that we will be able to sustain this new uptrend till we get to see the $8500 because I am sure that we will be a little bit slow in breaking the $9k barrier and that is why I feel we might not get an increase to $10k until probably month of June.

I know bitcoin has been a little bit faster than its shadow for the past 2 months now, but this time around after studying the way the market really fought hard to break $8k and couldn’t sustain that level till it dropped to $7k, Going back to $8 now is not an assurance yet that it will gather momentum to quickly break $9k soon.

Small correction happened after 10% increase in the last 24 hours but this time the prices stayed little above the last time's correction level which is also can e a sign that we are going to hit the target in few weeks.But this will be the tough stage for the new people either they have to invest or wait for the more correction on the prices.

There has been correction twice now on the value of $8k and I hope that the next one will be sustain, otherwise, investors might beginning to start panicking and seeing it as whales trap which will force them into all withdrawing temporarily, especially investors that bought around $6k to $6.5k, but if we can retest that value again and break $8.5k, then we are hopeful to leave the $8k trend within the next 2 weeks.

Like you said, I think this failure of bitcoin to quickly retest that value then really made a lot of investors hold back from further investing which it why bitcoin found it quite difficult in moving forward.

There would always be a pullback on price but talking about on how deep it would be and when it would happen would always be a question.

Its just normal to see on having price decrease or sell off after a pump.For now its good to see that we don't dump too much or correct its price in 6k lower levels.

It really seems so, especially when you take into consideration that we haven't had much resistance between $5500-$6500 at all. The price broke through these levels effortlessly.

I would have expected that the levels that provided so much support last year, would turn into major resistance this year, but not at all. The price ignored the indicators and volume profiles and surprised many of us.

Currently there seems to be a bearish pattern playing out with a fairly high probability of going back down to low $7000s, but even if it does correct to that level, we're still up like 100% from the bottom.

I think even if correction hits the market,bitcoin price has still retained its price so if this still happens in the next few days,then we can expect that we are really entering into a bull run.I think $8k is a good price to sell already but it would be more profitable if we can still hold them for months for a higher price to sell.

There are many retest at $8,300 but failed to continuously pump. I must say it wasn't easy to go up to $9k. But at least we are still on $8,000. Therefore we will just have to know if the market will break the resistance or not. Then we will gonna know where the bitcoin is leading. Either go for another bull run or continue to dump again.

Bitcoin will get to $9800 - $10000 before we see a splash crash. I am monitoring closely, and if it does break the $8300 resistance, that will be the next target. The splash reversal might not be deep as many speculate. I can see bitcoin setting new record since inception as regards trading and technical analysis.

A good assumptions but needs to see the resistance, most of us are  anticipating this big upwards movements leaning with all the patterned that we are seeing around the market, if bitcoin will able to break $8500 then we will see more rise possible reaching $10k within a couple of months or less.

Keep monitoring and focus with those good news that will showed up, it will bring impact to the value.

That's it and I'm really hoping that it reaches $8.4k cause that's the next resistance level. If it gets to that we can then hope for the next which will be $8.9k I guess. The month of May is already coming to the end so that's not going to happen this May. And this shows how unreliable these analysts /experts are.

I don't know why they are fond of giving predictions that are so wrong and still claiming that it is right and is going to happen when they know that they can't even predict anything. Some people are really funny like seriously. Let's wait till June cause I really hope that it doesn't crash again.

According to my opinion and analysis before end of this month, most of the whale manipulator of bitcoin holders, they are targeting to hit at least 8500$ each, this was based accordingly for what is happening in the movement price of bitcoin in the market. If this things happen, this is really proven and show only that We are really in the stage of bull run.

Well, I am hoping that this is not just your speculation mate instead your prediction will happen before end of this month.
So far, the price of bitcoin was a little bit closed to 500k$ each, and majority of the holders are expecting something to be happen actually.
So it is a good way too that if anyone of you have a capital to buy bitcoin better to take the chance anyway. 

Great analysis and yes this the time for bitcoin opportunity to decide quick before too late to invest, the bullish is very near, the price increasingly huge at this month.

It seems you really has great indept knowledge about the market and this review and speculation you have made seems to be correct to me. Bitcoin has follow the patterns of your predictions and that means we would expect more updates from you in many days and weeks to come as bitcoin embark of the journey to the moon again this 2019.

That will happen soon, and you can wait for that time to comes. Bitcoin still on the good progress to rise back after the down and I think that will not happen too long after this. Perhaps, this moment gave us a chance to buy more bitcoin at a low price before the price can increase higher than now. We don't know what will happen in the future, and yes, we have a chance to buy more bitcoin right now, and that will be our decision to buy again or still waiting for the price without doing anything.

This failure of bitcoin to break $8k resistance is just prepping it for a large breakout. If bitcoin was going to dump harder, then holders would have gotten tired already of waiting for the next barrier and probably dump now, but as we can see that each time some few bears tries to sell off for profit, we have so many people who keeps seeing that dip as an opportunity to buy and very soon, profit takers will not get the chance to enter the market again and any further investment will make the bitcoin break the resistance.

Therefore, I am optimistic that within the next 1 week more, bitcoin will successfully break the barrier, sustain it and further increase above $9000.

There is no hurry and no worry about the crypto currency especially the Bitcoin because the market seems super fine and the price movement shows bullish trend that will happen completely in the upcoming few weeks or may be months. We do not know exactly what will happen next but the price shift reflects a bull run and we all traders are super excited about it and new traders as well.

I don’t know why people are easily thrown off balance when they see the price of bitcoin drop which is usually the correction stage, before bitcoin surge to $8k, majority of us had already programmed our mind that bitcoin will not reach $6k until it gets to June, so if we have programmed mind to June, why do we still feel so disturb at a little price correction drop?

Instead of feeling agitated, what we should have been learning is how to trade, imagine we had traded within the period of time bitcoin had gone up and down this month, I am sure some people would have even made more than their investment.

If I were you mate, as long as bitcoin so far is not reaching 10,000$ each I Suggest you to buy Bitcoin then hold.
Because I am very sure that once it happen, you're gonna regret why you didn't buy when bitcoin below 10k$.
Besides, for what I can see with the performance of Bitcoin in the market was also good.

Like people regretted when the price was hitting $19k+.

This regretting part will always be there. Now people are regretting whey didn't they buy at $3,200 or $4,200 or below $4,500. It's the cycle which will be there even bitcoin price hit's the moon. Say $50k. People will regret why didn't they buy it when it was below $40k or $45k. :-)

In crypto there should be no regret.

Cheers :-)

Even if bitcoin price reaches $10,000, it is a good decision to buy bitcoin and then hold because the chance for bitcoin to increase more than $10,000 will be wide open. Besides that, we don't know how much bitcoin price can increase in the future, especially if there are demands for buying bitcoin at the market. We could buy more and more bitcoin at any price but make sure you can buy bitcoin at a low price.

We had a great reversal recently, that drop is now fully recovered and we are at a break out point, right now all I can think is how high it can go and not how long it will fall. Could it go down? Absolutely but to me according to my calculations right now we are at a single threat line point where even a small jump up like 100-200 dollars from this point would make bitcoin go nuts and have another bull rally.

We all want it, we all expect it and we all decide the market anyway, the price is what we believe what it should be, if people say 8 thousand is too much and sell then it will go down if they think its not enough then it will go up. So, with that much power in our hands and the belief that it will go up and expect it to go up then there is no way it won't go up.

If you are not in profit then yeah you don’t have to worry about it because you have the choice to wait for it and then sell your coins on high price in bull market. It will happen soon only if we wait with patience and keep checking market price progress etc. the current price is stable between 7700 US dollars and 8k US dollars so we should wait for the next jump of it only then we can sell out our coins.

We are fully in an uptrend market now and I think you are right in respect to buying at any time from now before the next halving, because towards that time is when bitcoin will be becoming dangerous to buy since it will be heading to the peak then.

So anyone can still buy between the current price we have now and when bitcoin gets to $15000, although there is chances of bitcoin going above the last ATH, but I cannot completely guarantee that it will break above that because the number of profit takers will be too high, especially from those that bought at that price in that last ATH since they already have another investment now.

Bitcoin has been pretty much bullish lately and along wit Bitcoin, altcoin like ETH and BNB have been gaining some good values as well. I think it’s pretty wise to get into the market and speculate at a down cost right now for if we do not, you might miss out the opportunity to make money. It would have been better had we done this investment couple of months ago when the price was down.

The price has been around that $7000 level, but today I noticed that it is getting to $8000 and that means we are likely to hit the $8.4k level before this month ends. And our next target will be $9000 level. Though I almost felt discouraged at the rate at which it dropped earlier this week cause I thought it has started to fall again.

I have been seeing news that it is going to plummet, but I believe that is not going to happen any time soon, it will happen after we have hit another high price before it will start to plummet. I will always have that in mind, so I don't make the mistake of abandoning coins while price drops.

My favorite coins right now are Bitcoin, ETH, BNB and Litecoin. My decision is based on the pace of growth these coins have been observing lately. This is important to have a valid reason as to why should one hold a particular coin. It reflects strategy. Bitcoin has been very promising lately and Eth and BNB and LTC have had good value addition lately since the start of the bull run.

I think this is the biggest threshold we have seen since months, we were unable to break the 4200 dollars for far too long and we do not want to see that again. If we can't break the 9 thousand dollar barrier and move to anything above 9500 dollars anytime soon it could be a bad news for us.

It could result with bitcoin either staying at the same price for far too long yet again just the same or it could be even worse and people may start to cash out their profits from the recent run and that will result with price going down a lot since when it goes down it creates a panic and everyone starts to sell. What we have to do right now is help the buying side by purchasing more bitcoin and if we have bitcoin then not selling it at all no matter what even if it goes down.

Well, the performance of Bitcoin was actually impressive so far, according to https://coinmarketcap.com/currencies/bitcoin/ it was 8688$ which is very closed to 10, 000$ each bitcoin. I think once it reach that amount, it will hard for the bitcoin holders to accumulate it, because its getting expensive now. So as long as not reaching 10k$ better to buy em now then hold.

i am sure we will reach $10k in near future.i am remember this movement like 2017 happen.bitcoin price rise extremely in only few months before its finally touch highest price on around $19k.

Biggest in 12 months I even read,,, but I do not really remember that this was the price last year in May. I think the major surprise was how some resistance levels get squeezed away with not even resistance, like 5k for example just disappeared.

I do not agree no 9k is bad news, however. In fact probably better for long term to stabilize and gather even more before moving on to 10k, because everything is super charged right now.

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Name: butterWheelz
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Date Registered: May 21, 2017, 04:39:31 PM
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I can't believe that so many people can correctly predict the trend of bitcoin. I'm really quite amazed about this. What helped you understand the crypto market? This is considered a very difficult market to guess because it is controlled by a series of manipulating organizations. Please share your experience with me. thank you

Bitcoin is indeed in the growth stage. I believe that soon it will break a new level of $ 10,000. In General, I am glad that the market is finally growing.

Well this is not rocket science because when you are in the Bull Run, you can easily preclude the rising trend and the nest stop maybe. Bitcoin has been pretty bullish lately and I think it will rise high along with other coins as well. Not only Bitcoin but ETH and BNB have been pretty impressive and this is just great. I presume you are already holding your coins.

Many people have a positive opinion towards the price of Bitcoin which it will cross the value of $10k but it becoming very expensive once it crosses the value of $10k. So instead of selling it is better to hold the coins in the market.

If it reaches 10 thousand, it will be the start of the best bull run, I think. People will also rush to buy more cryptocurrencies expecting their growth. It is possible if before Bitcoin will not fall up to 7 thousand again.

And it will be great if traders start buying Bitcoins right now in order to make a good collection. This collection will once result in massive income in the near future. Holding of coins in an excellent decision but there are kind of traders who frequently sell their coins for small profit when they see little increase in price. They should be patient about the selling decision because it can result in maximum profit only if they want.

Right.I guess patience is still the best virtue if we want to make huge income after a long time of holding our coins.But there are also those traders who  keeps on selling their coins once they see a good selling point and only end up small profits unlike those who are patient for such a long time just to end up making huge profits.

Predicting the rising trend can be very instrumental in making an investment decision. If you think that here is going to be a rise in the market in days to come, you could speculate at the current low price and your coins would gain good value when it is time for the surge. This is how people make money in crypto but it is risky and worth risking your money. I made some good money in this rise.

For every day in the past 10 years you can say that exactly that day was a decision point for bitcoin. What difference is it except the price? Bitcoin struggled to break 1 dollar level, 100 dollar....and so on to this point where we are struggling to break 10k once again.
Its a decision point for individuals who plan to buy or plan to sell, its a decision point for those people who didn`t make decision about crypto generally. For me, others like me, decision point was break long time ago, we are here to say no matter what!

Yes, you are right because once the price of Bitcoin is kept increasing it is very hard to accumulate, in the same way, once it crosses the value of $10k then we will see the rally of altcoin which most of the Bitcoins will start pumping the potential altcoins in the market.

We have the same coins so far, but I have more than your list ;D

I still want to buy the other coins since they have the potential to increase especially for the coins that in the top 20-top 50 coin list at CMC. So no matter how much bitcoin price now, if the altcoin is down and I have that coin, I think I will buy more and hold it for some time. And that will happen too with bitcoin because I am sure that bitcoin will reach the next highest price which we never see before. So, it is better to get ready from now as we still have time to buy.

You have a very detailed projection and so far you already hit some of it which is good but I wonder if you can keep it up until the top price of bitcoin.


Top price is the most difficult scenario to predict as it will decide whether it is the right time to sell all your investment or not. But as of now, let's pump it's price as the market are still in it's middle stage if I am not mistaken. Hoping that it will hit 20k$ - 25k$ before it will start to fall again.

Yes, I agree with you that we are still in accumulation stage an those still having the mind of adding bitcoin to their portfolio should better do so now before it becomes too expensive. We can even  see the sign already that present investors are already finding it expensive which is why the price was almost stagnant around $8000 till we got another forceful investment which I don’t know where that came from yet.

At $10,000, the value might take sometimes to increase again or will be slow in its increase till a larger institution comes to invest because they are mostly the ones that can afford that value then easily.

Of course you have to act before the crypto train leaves for the Bull Run. There is a kind of group out there which will not invest in Bitcoin and will wait for the high price to make sure that the asset is pretty much in the boom mood but they do not look at their high cost of investment which results in low profits when they invest during the boom at high price.

The crypto train left to the bull run zone from the 1st of April, it’s not just a very fast train this time around and I think this train will continue crawling this way till it gets to its destination, but one thing I am sure of is that, this train is still far from reaching its destination, and anyone that wishes to join the train can still do that now, while it’s still early.

Those people waiting for bitcoin or cryptocurrency to start becoming very high before buying are just setting a trap for themselves, they will end up being the whales victim when they start FOMO and end up buying at the peak again, it is better they join the market now.

The decision point for Bitcoin was when it engulfed the $6000 area which was very strong resistance and was prior very strong support back in 2018.

In 2018 the $6000 acted as a very good barrier and it bounced multiple times, the support was so strong that people took over-leveraged positions betting that it would not break and it finally did in November 2018.

So everybody assumed it would be massive resistance however the way it engulfed that entire area was proof that we exitted the bear market and entered a bull market.

So if $6000 would fail to hold on a retest, then it would signal a neutral market and it might turn bearish again if it closes below $6000 on a weekly chart.

UPDATED June  20th:

Apologies for not updating this thread here! I have been posting update videos everyday though! :)

We got in our BTC position at $3.8k based off the MONTHLY and since then all our targets have been hit!

In yesterday's video we projected RETEST of 9.4k and said that we were unlikely to make the move down to 8.4k just  yet. Today we got that move!

We also got the MULTI-YEAR Gold breakout that we discussed yesterday (pure co-incidence that it happened the next day! but I'll take it!)


Yesterdays' Video: https://www.youtube.com/watch?v=e4edtBga0Tg (https://www.youtube.com/watch?v=e4edtBga0Tg)

So what's next? I'll be posting a vid again this evening so stay tuned!  :)

(Hint, in our previous videos we were discussing 11.5k targets and beyond  ;) )

New Update: 9.7k Broken!! What's next??  12.8k - 13.7k

We have projections of 12.8k to 13.4k!!

YouTube Video Here: https://www.youtube.com/watch?v=3YUtWApcDCQ

Nice to see that the amount is really getting near to that amount, almost reaching $10k now and it's moving forward no one knows if the amount will be hit after some weeks or months but this market movements is good especially to those who invest earlier.

Do you really think that we will reach $13k dollars so quickly? I wonder! But I agree that we all can see a great example of the beginning of a new cycle.

No we cannot see a faster pump up for Bitcoin as what I understand and know on technical analysis we will see some little dwon before reaching this level but depend on the demand and if people will FOMO again then we will see $13k or higher in just short term of time but right now we need to break $10k before we got a higher price Im happy to watch the price action continue to dominance.