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Author Topic: Bitcoin can fall up to $9k or rise up to $17k - which one will happen.  (Read 571 times)
fourpiece
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August 29, 2020, 09:21:03 AM
 #61

Lets be positive, bitcoin will rise up more than 17k this year. No matter what happen im still confident that bitcoin can reached its new ath within this year. Thats how strong bitcoin is.

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August 29, 2020, 10:38:31 AM
 #62

Lets be positive,
of course we are ,  being positive is better than being negative  . the more you think of that thing the more it will happen , you dont want negative things to happen arent you  . 

Quote
bitcoin will rise up more than 17k this year. No matter what happen im still confident that bitcoin can reached its new ath within this year. Thats how strong bitcoin is.
yeah men thats will happen  . btc might be down this time but lets ignore that fact , price can comeback an it will continue to 17k dollars  but 17k dollars is not the ath for btc mate just so you know  .
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August 29, 2020, 05:42:40 PM
 #63

Bitcoin at $11 k I don't think it's bearish, when we are struggling to get at $11 k for almost two years, I'd like to believe that we are in a bull trend, and price will eventually reach another all time high, it's only a matter of time, the buying motivation is going strong many investors are now turning to Bitcoin to protect their assets and investment.

I agree. Technically, the +/- $ 1,000 is the natural fluctuation of the bitcoin price. Another thing is that the bullish trend has already ended and many people believe that its resumption is unlikely without a more or less prolonged bear market.

Bearish certainly will not be close at this time the market movement will continue to be prolonged according to what is happening with the current trend, many people are already convinced that the value of bitcoin will soar even though fluctuations continue to haunt other investors but I am here strongly confident that the upward trend will continue where many of these DeFi projects could possibly increase to the bitcoin price.

The bear market wouldn't be so bad this year if they weren't in a state of panic which is what could cause the market to get worse.

R


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August 29, 2020, 05:48:04 PM
 #64

Lets be positive, bitcoin will rise up more than 17k this year. No matter what happen im still confident that bitcoin can reached its new ath within this year. Thats how strong bitcoin is.

You are very optimistic, but there is little time left until the end of the year. At the moment, I am not observing any reason for a sharp price movement to begin (maybe the second wave of the coronavirus will fix this? I hope not).
And as it was already written to you, the ATH of bitcoin is slightly above 17k  Wink

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August 29, 2020, 06:31:55 PM
 #65

You are very optimistic, but there is little time left until the end of the year. At the moment, I am not observing any reason for a sharp price movement to begin (maybe the second wave of the coronavirus will fix this? I hope not).
And as it was already written to you, the ATH of bitcoin is slightly above 17k  Wink
This year I don't expect a big growth with bitcoin as well as with the leading altcoins in the market. The world market is experiencing the worse economy in years, at the same time bitcoin and the associated market have experienced a better growth ratio in comparison to the previous years. This has served bitcoin to reach $12k and the $17000 can be experienced by the following year beginning.

But the crisis could be a big boost for bitcoin's growth, right? All governments print money in order to revive the economy and, in theory, values that cannot be printed (such as bitcoin) should seriously increase in value. All the years of bitcoin's existence, we have heard that it is an anti-crisis asset and now is the time to prove it.

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August 30, 2020, 03:42:52 PM
 #66

The price is not really looking like it is going down that easily. We have seen over $12k and that was a great moment however one thing is for sure, when it went down it could have hit the $9k price as well but it didn't that means bitcoin is not bearish, if it was bearish the price would have hit lower but it didn't that means buyers are still around and they are still keeping the price higher as well, that is why I believe it is hitting $17k first, not because it is bullish but because it is not bearish at all.

Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
I feel like whatever happens will happen very quickly, we have been stable once again for a while and there hasn't been anything that really changed recently, so that really makes you hopeful about the future of bitcoin and crypto, if the price has been so stable for so long, shouldn't it move very soon? That is what people really assume because nobody thinks bitcoin could be the same price for over a month, we all know eventually it has to change.

Look at the moment we broke over 11k, ever since that moment we have been expecting bitcoin to finally go above 15k for the first time since 2017 peak and some others expected it to go down, and for the longest time it hasn't done that. We are right now at longest time bitcoin has been over 11k, even when we became 20k we dropped under 11k quicker. So, that has to mean something.

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September 01, 2020, 08:19:29 PM
Last edit: June 12, 2023, 02:39:57 AM by STT
 #67

Bearish outlook into the weekend was slightly unusual last week, but then its risen ever since quite regularly all weekend and confirming weekly average as a low recently.    Its touched both sides of this upper range, the 27th Aug low was the closing price for 29th July and part of the bullish formation.



Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.

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September 01, 2020, 08:58:40 PM
Last edit: June 12, 2023, 02:39:45 AM by STT
 #68

Bearish outlook into the weekend was slightly unusual last week, but then its risen ever since quite regularly all weekend and confirming weekly average as a low recently.    Its touched both sides of this upper range, the 27th Aug low was the closing price for 29th July and part of the bullish upper formation.



Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.

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erikoy
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September 02, 2020, 07:36:41 AM
 #69

Recent pricing doesnt give us more then a cycle in the upper range, it remains bullish while able to keep confirming pricing here.
Yeah it looks like were heading somethig good in the graph that shows constant rise over the period of time. The problem is that we are uncertain if it will going to happen whether it will going for a bull run or not.

In the looks of the graph were heading to bull run. I think I will going to make a regret for selling some parts of btc after the target has been achieved which is 12k$. Anyway, I still some part of it and will be happy to hold it for a while or even buy some part of it. Who knows bull run is on the way. I am still confused and undecided.
gbrendeh
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September 04, 2020, 12:49:55 AM
 #70

Your prediction is coming to the past as BTC is hovering around 10k which if breaks, 9k is inevitable. Can we still experience all-time high this year due to this sharp drop in price? Time will surely tell. 
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