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Author Topic: Bounce Back is coming?  (Read 910 times)
monineklutak
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September 21, 2020, 09:30:10 AM
 #101

I believe that your predictions and analysis has come to past and as such we have that the current dimping the cryptocurrencies market and stock market are experiencing will come to an end very soon. I see bitcoin trying to establish strong support around $10300 since morning and we hope to see bance back one more.

Bitcoin did bounce back but it did not have the momentum to cross the 11K. I think it might again retest the support at 10.2 - 10.3K before making another move up.

Does anyone here thinks that bitcoin will cross ATH in december this year ?
When it comes to ATH then im not really expecting much, same goes into previous years on where majority of people do think nor believe that it would able to do so.
Basing of on how Bitcoin moves then its really hard to believe that it would able to peak up that much yet we are only just 3 months left for this year and with that
certain amount of time wont really be enough on going on that level so easy.I do eyeing on 14-15k price though but its still not an assurance yet price
had always been unpredictable.
the key level of the Bitcoin price is $ 9500, now it is still above $ 10000, there is still no worry to start bearish,
we already remember, Bitcoin bearishness has been very long, and now I think it is the year Bitcoin goes all time high.
although there is a lot of resistance to overcome, I believe the adoption initiated by Paypal will help Bitcoin get past all of it

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Reatim
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September 21, 2020, 11:07:34 AM
 #102

After every market correction there'll be growth. The present market situation clearly indicates the bouncing. Days back the market fell low to $10000, and now once again slowly the growth has taken place. Today it has crossed the $10500 margin. Following is the growth with rest of the altcoins. It can be considered as the moment to buy for a bigger profiting at the earliest.
Bouncing back for a while and dump after,Look at it now taking $11k for a day and stays falling again today so what can we expect ?
just let what market give us ,as long as we are not panicking because Holders like us reserve our selling when market goes Up high.
expecting $12k and more after this month because we are entering 4th quarter soon.

I believe that your predictions and analysis has come to past and as such we have that the current dimping the cryptocurrencies market and stock market are experiencing will come to an end very soon. I see bitcoin trying to establish strong support around $10300 since morning and we hope to see bance back one more.

Bitcoin did bounce back but it did not have the momentum to cross the 11K. I think it might again retest the support at 10.2 - 10.3K before making another move up.

Does anyone here thinks that bitcoin will cross ATH in december this year ?
Seems that you are right,because we fell from 11k to 10,700 now and still falling.

if youa rew correct then i will wait for 10,300 since i am buying again from my bonus from extra job.









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October 02, 2020, 12:58:24 PM
Last edit: June 12, 2023, 02:32:53 AM by STT
 #103

Current action has me looking for a tide going out scenario but we can move upwards within that short term.   The reason I'm thinking of weakness is multiple signs on a few time scales but just recently we have not yet recovered the range of the October 1st sell, only a partial retrace which I think shows as negative action even while we hold above 10500.   We have tested that support twice in recent hours though I expect us to do ok till next week but under pressure I suspect we do resolve downwards as we have that underlying bias.



I will look for a bounce when price action proves itself like regularly surpassing limits, sometimes it rises anyway on events but I try to look for and notice a rise in lows etc.

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