Bitcoin Forum

the price of btc move'' to 10000 while other not so much, and interesting will be to know what the outcome will be after all this) time> ::)

I think it is going to go up , because taken all the bad news with India banning bitcoins and all , it still sores high , meaning none of the country in this world does have a control over the bitcoins , I think it is going to cross at least 11-13k .
We cannot expect huge advancements , but at the same time I saw a post regarding some Chinese year in which people don't think it's good to invest , then again , nor China nor India can actually harm bitcoins.

I think bitcoin may still have a chance to break the $ 14k mark it set about a month ago, the $ 9k support is very solid as the price of bitcoin is constantly being pushed up when touching it. This suggests that investors are still buying, hoping that by the end of 2019 bitcoin will set a new peak, officially entering the next growth cycle.

I guess it will again reach the heights up to 12k and I wish its increase continuously.

Nothing new and nothing interesting here about bitcoin price. Above $10K is just normal trend of bitcoin volatility. Noticed that bitcoin was stable into $9.5K zone almost a week. And now moving it toward, and its normal growth in my opinion. Most likely it will play around $10K to $13K for few days. Perhaps we might see also another little bull run.

I think most of us are relieved BTC didn't just go down below 9k, it almost did when it crashed to 9,3 but I guess as long as there are people who keep buying below 10k, we're good at this level. Definitely not safe because trendlines seem broken so I do feel we could be looking at more months of this level, back and forth, even 8 or 7k if there is nothing else going on in terms of bitcoin specific developments.

The price of Bitcoin often seems to be subject to a quick pump and dump over the weekend, if volume is low. I'm wondering if this will start today. I'm tempted to sell the coins in my trading account in the hope that I can rebuy at a lower price late on Sunday. The difficult I have is finding a reasonable exit and re-entry price though.

It seems to me that the period of stagnation has been completed and the BTC price should consolidate at around $10500, with a possible upward jump and a reverse pullback. However, the market has become very unpredictable and difficult to predict something for a long period.

$10,500 as of now.

We just came there and we're about to get back there soon. But the very point is no one can predict exactly on where the price is heading. I'm positive that we'll see a very nice ending for this year that will make 2020 to prosper more.

We have already seen the price reach $13700 this year, but whenever the price reaches $ 13700 then it drops a lot, which means there is a lot of resistance in this $13000 zone, I don't know if in the coming months (in this year) we will be able to Overcoming this resistance that exists in the $13000 zone... I still keep my prediction that we will end the year with the price of $ 10000 to $17000.


I hope it doesn't fall again

There is a certain range from $9000 to $13000 in which Bitcoin is moving. Until there are any stimulating events, Bitcoin will keep in this zone. For a bull run, it's needed an impulse like the help of whales, but they hardly want to do a BTC boost because of their caution.

Last month I was expecting Bitcoin to move to the $11000 level but its dips to $9000, hopefully now it touches to the $10000 level it's not going to drop to the $9000 level anymore if we are going to have a new all-time high, we must break the $13000 this early, hopefully, this month of August will bring us a good results.

The demand for Bitcoin is increasing every day. Actually, lots of people are involved in bitcoin now.

It's true, currently the price is above 10000$ but that doesn't mean it's going to stay there.
Lot of people expected to see huge price rise during this summer but that didn't happen. Also, I don't expect to see some strong growth, it's more likely that price is going to fluctuate between 9000$ and 11000$ for a while.

The present situation of bitcoin is not clear to anyone because it has reshape the market by turning alts to all blood and also not following the chart with its move which suppose to be dump for correction but continue to surge when the need for dump is clearly needed.

You have to be ready for all scenarios possible especially when there are a lot of shill accounts ready to blast anyone thinking outside their little box.

Don't be too sure that we can't suddenly see the price of $9k anymore.
It is very much possible to get that and it really depends on peoples reactions to it at this present price of 10k.
I am also putting for the price of 13k at the end of this month too.

You don't need to worry about the price of Bitcoin, because I'm sure the price of Bitcoin will definitely increase very high and of course it will give you a big profit in the future, so now is the right time to buy more Bitcoin before the price starts to increase very high, because this is just the beginning of an increase in the price of Bitcoin, so don't miss this opportunity.

Hitting 15k$ will be the obstacle of bitcoin this time before it's price will start to decrease again. But it's very difficult to say when we can hit the 15k$ bitcoin price.

September is a good month to hit this price and it's price will decrease a little then it will continue to rise again. And by the end of this year, hitting 25k$ is my prediction of bitcoin price.

So far it didn't not.

And we're just about to see if its possible to break $11,000 again.

$10,801 as of now.

The price is moving past the 50 day average, so we have been below and negative in general action.  We lost a positive trend and speculators came in estimating prices from 9000 down to 6000 possibly however we have failed to lose 9000 as a low and so right now we bounce back and exceed this rough measure of medium term trend.

https://i.imgur.com/358qy5D.png

The qualifier I will add is that a daily bar as these are do need to close out to be closed finished and complete in the confirmation.   So we are still in a speculative move through the 50 moving average until later tonight.

Also I included the volume as I think this is not a strong break but a drift upwards on no general selling.   If we dont receive volume then time brings some confirmation which requires patience in drawing conclusions.

The price now is on the right way to increase although the price is not moving so fast the price is slowly to increase. Soon, the price will break $11k, and I hope that it will happen in the next weeks, and we still have many times to see it will increases. If in this month, bitcoin price cannot break $15k, then we need to be patient for more because no one will know when the time for bitcoin to increase and we don't have to feel bad to wait.

That wick to ~$9100 was slightly above the previous low of ~$9050 which understandably made people believe lower levels were due. Those who quickly shorted thinking to ride the market down are rekt now.

At least wait for the ~$9050 low to actually break and then short. It would have saved them a lot of money. People tend to be so greedy or overly confident in their own analysis that they legit think they can't lose a trade.

I do watch the videos of Alessio Rastani on YouTube, and it doesn't matter what Bitcoin does, he always assumes that the price has to come down in order to confirm a bottom or a test of the 21EMA.

He was like that when we pumped from $4000 to $5000 and he is still like that today....

Well there's something to that line of thinking. There's this idea that markets have either "price" corrections (deep, crashing) or "time" corrections (shallow, sideways).

Going back to 2012, Bitcoin always comes back to test the 20-week EMA (currently $8,440) numerous times during bull trends. The tricky thing is, you can't know before the fact which kind of correction to expect.

The current correction off $13,800 is acting more and more like a "time" correction, where reaching the 20-week EMA is a matter of waiting rather than dropping. By the time we touch it, it might be in the $10,000s.

Wow bitcoin get down again this day and compare to yesterday, the price now reaches $10,600 but the line still moving up to the higher price. I guess that tomorrow the price will reach a higher price, but that is only if there is a big demand in the market that will help the price to increase. So far, after it reaches $10,600 according to poloniex, the price slowly rises to the next higher price, and it still increases. The order buy and sell position at the market is moving fast, and if you check on the market, you can see that the price wants to break the higher price.

There are 2 scenarios that I think will happen. I just watched it from youtube.

1. I think it will test the 21 weekly moving average which is around 9000-9500 anytime if it goes below that level, the possibilities of Bitcoin going to 8000 or even 6000 is higher. This means that the bears have control of the market.

2. If the bulls have control of the market, I think it will retest its previous highs of 13,000 and if goes higher then a probabilities of passing its 2019 year high of around 14,000 is will go higher.

I believe that the scenario 1 will more likely to happen and if that happens, it will be accumulation time :D.

once again bitcoin price rise slows down and everyone starts to repeat the same old stories all over again. and each time the scenarios are always the same. price stabilizes then it has some small drops where everyone starts predicting doomsday and much bigger drops while bitcoin stays the same price as before. then the breakout happens and all those people do a FOMO and cause a big spike upwards.

so i guess the next move is going to be breaking above $12k and then a FOMO to reach $18k in less than a week.

Not sure about the move to $18k though, it looks like $11k is a big psychological barrier as the price tanks around $10,700-$10,800. Last couple of weeks we have seen lots of so called experts predicting the price could go as low as $7500, specially when bitcoin briefly touches $9200. But look at the price right now, lol. Next set of FOMO could push the price to $15k, but probably next month. So let's see how everything pans out.

Bitcoin’s price will keep increasing regardless of all the obstacles it has placed in its way. 2019 has been bullish for the crypto and speculations are being made of it even touching the $20,000 mark by the beginning of 2020.  Even the Bank of China is promoting Bitcoin to its customers. Biggest of all, none of the world governments or its laws govern the virtual currency which will always be an advantage for it. 

Regardless of the movement of bitcoin this time that is Bullish the price may surely reach $20,000 USD this time and that many are coming back with Bitcoin that is why even though bitcoin is increasing in price there are still many that are against it and they are referring to the bubble that once bitcoin reaches its course and All-time high, Well I have been a bitcoin enthusiast ever since and I guess that is just a correction they are experiencing not a bubble.

Would you please pause for a while posting this kind of topics?everytime Bitcoin price moves you almost seems to recording it over and over again

Aren’t you getting very upset whenever this happens?why not instead of posting to asked about the situation is just stop checking the market value and trust your coins

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What do you mean by Shill Accounts that ready to Blast anyone?

Lol whales will do this for the dump if we will believe their manipulating strategies

It is very happy if the movement of bitcoin starts to rise but sometimes bitcoin only goes up by itself Not followed by altcoin, there is even altcoin which slides when bitcoin rises but even so we must remain standing where we are more confident to invest, even though the price is uncertain

And why it is so important that alts follow bitcoin? If bitcoin is the coin that is presenting the biggest movements and profits then concentrate in bitcoin and forget about alts, it seems to me that some traders live under the illusion they control the market when that is not the case, the market does not care about our expectations or wants, we can give explanations about why the market moves the way it does but it does not change the truth that most altcoins are simply not profitable now and you should avoid investing in them.

it's often the case that bitcoin can rise quickly whenever it wants, maybe some investors always monitor the price of bitcoin and when bitcoin rises people will think of bitcoin, while altcoin is not moving because traders are still focused on the price of bitcoin..