hodlmybtc speculation thread

[hodlmybtc]

Thinking we will see roughly the same movement we saw after the run up to 259:



https://www.tradingview.com/chart/BTCUSD/kyN0pcmI

Bulls have failed to show strength and Ultimate Oscillator shows bearish divergence. So we will probably retrace some more the coming days, let indicators reset before the next leg up on the daily chart.

Putting buy orders between 248 and 250 target 277-280, SL at 242

Edit: TP line is wrong, you can ignore that

[Fakhoury]

Makes sense and looks solid.

Thank you

[everaja]

My prediction:

As noticed in Past 5-6 hrs ,4 cycles , means ~24 hrs , the price of bitcoin has fall from 267$ dramatically and i hope that there will not be much hike now and it gonna be same as long (months) back , So i don't think of buying Some of them rather will say to sell them up !

Moreover your Prediction seems Solid !

[hodlmybtc]

As noticed in Past 5-6 hrs ,4 cycles , means ~24 hrs , the price of bitcoin has fall from 267$ dramatically and i hope that there will not be much hike now and it gonna be same as long (months) back , So i don't think of buying Some of them rather will say to sell them up !

Price moved up too fast, people taking profit will correct it.

We are currently in an uptrend and retraces of 50% or even 61.8% are perfectly healthy.

Price moving up too fast isn't that great in general (ofcourse for people who bought low it is great), see what happened after the mega bubble in 2013, a huge downtrend which will turn a lot of people off to use Bitcoin in an other way than a speculative asset. People who bought at 1200 can't be happy the last 2 years.

Also we are not ready yet to see a huge bubble like in 2013, everyone is still very cautious because of the 19 month downtrend, maybe when we cross ~350-400 with force a lot of people will step in and we might see fireworks.

[everaja]

As noticed in Past 5-6 hrs ,4 cycles , means ~24 hrs , the price of bitcoin has fall from 267$ dramatically and i hope that there will not be much hike now and it gonna be same as long (months) back , So i don't think of buying Some of them rather will say to sell them up !

Price moved up too fast, people taking profit will correct it.

We are currently in an uptrend and retraces of 50% or even 61.8% are perfectly healthy.

Price moving up too fast isn't that great in general (ofcourse for people who bought low it is great), see what happened after the mega bubble in 2013, a huge downtrend which will turn a lot of people off to use Bitcoin in an other way than a speculative asset. People who bought at 1200 can't be happy the last 2 years.

Also we are not ready yet to see a huge bubble like in 2013, everyone is still very cautious because of the 19 month downtrend, maybe when we cross ~350-400 with force a lot of people will step in and we might see fireworks.

I agree with you on the point quoted Italic  , if more People join the Bitcoin Party then we are sure of Seeing some crackers in the sky but for Bitcoin Party to Start it must reach 350$ across and from the sign of Graphs of last 3 days it is very much Imperative to say that the price gonna cross 300$ , well as BTC is speculative asset and the People who bought at 1200 can't be happy the last 2 years are keenly waiting for it to spark meanwhile there are some who don't want it , moreover i will not say much as i am still beginner and only 1 year old to BTC , i will just add your Thread to my watchlist.

[everaja]

In the Voting of Price prediction in July the Poll results says:

Poll Thread: https://bitcointalk.org/index.php?topic=178336.0;topicseen

Code:

in july, price will hit a high of
>700	- 35 (23.3%)
600	- 10 (6.7%)
500	- 4 (2.7%)
450	- 10 (6.7%)
400	- 15 (10%)
350	- 28 (18.7%)
<300	- 48 (32%)
Total Voters: 150

Out of 150 Majority Minority believes that Price gonna be less than 300 $.

[randy8777]

finally a realistic prediction. it's getting annoying browsing through posts from dreamers thinking it will go to $600 within a short period of time. i hope we'll be able to go over $300 and stay there this year.

[hodlmybtc]

In the Voting of Price prediction in July the Poll results says:

Poll Thread: https://bitcointalk.org/index.php?topic=178336.0;topicseen

Code:

in july, price will hit a high of
>700	- 35 (23.3%)
600	- 10 (6.7%)
500	- 4 (2.7%)
450	- 10 (6.7%)
400	- 15 (10%)
350	- 28 (18.7%)
<300	- 48 (32%)
Total Voters: 150

Out of 150 Majority believes that Price gonna be less than 300 $.

The majority believes the prices will be above $300.

Of 150 people 102 people think the price will be above $300, only 48 think it will below $300.

[TheNewAnon135246]

In the Voting of Price prediction in July the Poll results says:

Poll Thread: https://bitcointalk.org/index.php?topic=178336.0;topicseen

Code:

in july, price will hit a high of
>700	- 35 (23.3%)
600	- 10 (6.7%)
500	- 4 (2.7%)
450	- 10 (6.7%)
400	- 15 (10%)
350	- 28 (18.7%)
<300	- 48 (32%)
Total Voters: 150

Out of 150 Majority believes that Price gonna be less than 300 $.

The majority believes the prices will be above $300.

Of 150 people 102 people think the price will be above $300, only 48 think it will below $300.

The majority of people believe in these prices because they bought in way to high and want to cut their losses. I'd rather see a slow (and steady) increase instead of seeing the price shoot up and drop back down.

[NorrisK]

In the Voting of Price prediction in July the Poll results says:

Poll Thread: https://bitcointalk.org/index.php?topic=178336.0;topicseen

Code:

in july, price will hit a high of
>700	- 35 (23.3%)
600	- 10 (6.7%)
500	- 4 (2.7%)
450	- 10 (6.7%)
400	- 15 (10%)
350	- 28 (18.7%)
<300	- 48 (32%)
Total Voters: 150

Out of 150 Majority believes that Price gonna be less than 300 $.

The majority believes the prices will be above $300.

Of 150 people 102 people think the price will be above $300, only 48 think it will below $300.

This is the correct way of stating it. The majority thinks it will be above 300, but is divided about how much higher it will be.

[ammy009]

my prediction for next week :

[Amph]

we will probably following the same pattern as before like you said, but with a fster rate, i'm not expecting 6 month in the 250-275 range, like it was for the porevious range

solid floor from now should be build faster the more we approach 300,, above 300 there is a good chance to rise much faster than what we are performing right now

[inca]

Drawing a line on a chart is simply a guess.

OP guesses down and could be right. If more people guess up then he will be wrong.

Place your bets!

[kwukduck]

I would comment on the chart and predictions but mods are just going to remove my comments again.
Very open and balanced dscussion we can have here when critics get silenced.

[SmartIphone]

The bitcoin price should go up this week or max next week

[inca]

I would comment on the chart and predictions but mods are just going to remove my comments again.
Very open and balanced dscussion we can have here when critics get silenced.

Feel free to post in a fiat currency forum!

[farting_shot]

Began mini crashes
For the last two years
Bitcoin has lost 90% of its value
Yet, bulltards say Buy&HODL
Over and over
Drowning out reasonable voices

Began mini crashes
If you are still greedy
Buy more bitcoins
And prepare to die destitute

Began mini crashes
If you are insane
Keep buying worthless coins

Began mini crashes
If you are sane
Stop doing the same shit
Over and over

Began mini crashes
We will all die destitute

[ammy009]

Began mini crashes
For the last two years
Bitcoin has lost 90% of its value
Yet, bulltards say Buy&HODL
Over and over
Drowning out reasonable voices

Began mini crashes
If you are still greedy
Buy more bitcoins
And prepare to die destitute

Began mini crashes
If you are insane
Keep buying worthless coins

Began mini crashes
If you are sane
Stop doing the same shit
Over and over

Began mini crashes
We will all die destitute

nice poetry 

[8up]

I would comment on the chart and predictions but mods are just going to remove my comments again.
Very open and balanced dscussion we can have here when critics get silenced.

Feel free to post in a fiat currency forum!

LMAO

Just curious. Has anybody heared of dollartalk.org and eurotalk.org? Many followers. Very interest.

[hodlmybtc]

I would comment on the chart and predictions but mods are just going to remove my comments again.
Very open and balanced dscussion we can have here when critics get silenced.

You're not a critic, you want people to believe Bitcoin will fail etc. so you can buy back at $220, $10 or whatever targets you're usually posting.

Bulls can make profit, bears can make profit, gamblers always lose in the long term.