kurious
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Activity: 2590
Merit: 1643
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July 02, 2019, 06:55:39 AM |
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Well, the top of this channel didn't last as a support line. Looks like it could even drop to the bottom of the channel now; around 9K or a touch under, before it bounces.
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Toxic2040
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Activity: 1792
Merit: 4141
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July 02, 2019, 07:09:00 AM |
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the late edition wall report Selling continues as bitcoin is trading below $9.8k tonight. Significant volumes across the markets signify more volatility is probable. #dyor 4h #btd D #stronghands'19
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AlehandroTheGreat
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July 02, 2019, 07:15:27 AM |
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This thing happening every 3 years, Big blasting pump on btc make investor buy bitcoin high, then all are sitting and waiting.... I am sure we will get closer to 8500 in this two days... Only one thing can manipulate price - bitcoin halving, it will be in may 2020... If price will not jump, miners will be off and transactions will stand for ages.... for me better to wait 2020 now
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wwzsocki
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Activity: 2828
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First 100% Liquid Stablecoin Backed by Gold
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July 02, 2019, 07:23:27 AM |
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I am watching BTC price for almost 4 years daily and what I see today on the chart tells me that we are going down. For such a perma bull as me is not the best news but I hope that after this crash we will see again bulls taking over the market. TA looks bad and we will see the price of 9000$ or even 8000$ for a single BTC soon. This is the daily chart for me looks obvious bearish. And here the 4-hour chart which shows that bears are again in control of the market. Weak hands keep selling and accumulation should start at 9000$ or 8000$ levels.
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DeathAngel
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#1 VIP Crypto Casino
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July 02, 2019, 07:34:45 AM |
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This thing happening every 3 years, Big blasting pump on btc make investor buy bitcoin high, then all are sitting and waiting.... I am sure we will get closer to 8500 in this two days... Only one thing can manipulate price - bitcoin halving, it will be in may 2020... If price will not jump, miners will be off and transactions will stand for ages.... for me better to wait 2020 now Not sure what you mean, it’s not better to buy in 2020, now is the time to buy because we’ll likely get a massive rise after the halving. If you mean best to wait until 2020 before thinking about a big rise then yes, you are right on that.
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El duderino_
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Activity: 2590
Merit: 12666
BTC + Crossfit, living life.
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July 02, 2019, 08:04:31 AM |
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Starting to dislike 4-dig .....
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JSRAW
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Activity: 2240
Merit: 1543
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July 02, 2019, 08:12:17 AM |
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Majormax
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Activity: 2534
Merit: 1129
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July 02, 2019, 08:15:18 AM Last edit: July 02, 2019, 08:45:09 AM by Majormax |
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The resistance is broken, hope 9500 holds. Just like 2017, after the massive run, now begins the fall. Think this correction is gonna last a few weeks. Who's selling off in this dip? Let's see what is the bottom line this time.
It is the shape of the rise recently ended that is dictating the form of the fall. It was an exponential, or parabolic rise, which <always> ends in a crash. https://bitcointalk.org/index.php?topic=178336.msg51578145#msg51578145Now the top is clear at 13.5k, a normal retracement would be 50%, 61% or 85%. The 85% is unlikely because that would be another crypto winter (and recovery might be years in coming). 50% gives a target of just below 7k, and that would be consistent with the long term support. It was unfortunate that the price went too far, too fast. It's a low probability, but, <if> the price bounces from a higher level, and quickly returns to new highs, that would negate the bear case (and would actually be a very bullish scenario)
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LFC_Bitcoin
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Activity: 3612
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July 02, 2019, 08:18:23 AM |
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Starting to dislike 4-dig .....
More time to buy cheap coin but I’m not happy about it either. I’ll probably make my target of coins now though.
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gallianooo
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July 02, 2019, 08:35:43 AM |
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Back again to 5 digits !
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DeathAngel
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July 02, 2019, 08:39:48 AM |
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Is that a small green candle I see?
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Phil_S
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We choose to go to the moon
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July 02, 2019, 08:43:54 AM |
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Wow. 10160. This is completely unexpected.
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NeuroticFish
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Looking for campaign manager? Contact icopress!
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July 02, 2019, 08:51:53 AM |
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Wow. 10160. This is completely unexpected.
Yup. I like the look of this morning.
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HairyMaclairy
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Activity: 1414
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Degenerate bull hatter & Bitcoin monotheist
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July 02, 2019, 08:53:24 AM |
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Do you agree that Trump should be elected president for life?
Is North Korea the right model for the USA going forward?
What's up with crazy questions? Trump is the one who wants to be president for life. Just checking if he is “normal” or a “right wing loonie”.
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HairyMaclairy
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Activity: 1414
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Degenerate bull hatter & Bitcoin monotheist
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July 02, 2019, 08:53:58 AM |
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Wow. 10160. This is completely unexpected.
Bull trap
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fragout
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Activity: 1279
Merit: 1018
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July 02, 2019, 09:09:00 AM |
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Wow. 10160. This is completely unexpected.
Bull trap Clearly a round head reverse Bart
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stadus
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Activity: 3178
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Hhampuz for Campaign management
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July 02, 2019, 09:13:21 AM |
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Back again to 5 digits !
Yeah, it bounce back hard, and are we gonna see a new high again, like $14K soon? Let's watch if this is a real bounce back, or just a bull trap? LOL
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tranthidung
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Activity: 2352
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Farewell o_e_l_e_o
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July 02, 2019, 09:20:32 AM |
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Yeah, it bounce back hard, and are we gonna see a new high again, like $14K soon?
Let's watch if this is a real bounce back, or just a bull trap? LOL
It is too soon to have a real bounce back. IMO, it is a bull trap for bitcoiners. I believe that bitcoin might witness two waves of serious crashes, with each crash forces the price of bitcoin down around 22 percent. We already witness one crash, and the rest might occur soon. This one, from the range around $10,000 might force bitcoin falling to $8,000. Yeap, I don't see worse scenarios in which bitcoin might fall deeper than $8,000.
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Gyrsur
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July 02, 2019, 09:25:47 AM |
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it was the test of the 38.2% fibo retracement level, guys. hoping this was it.
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LFC_Bitcoin
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July 02, 2019, 09:32:46 AM |
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Observing $10,215. We’re either going to $10,500+ or $9,800 & maybe below. I don’t think there’s any way we’re going to go sideways. Expect extreme volatility, no way would I be day trading into this beast. The next 24 hours are critical.
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