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Despacito
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September 27, 2017, 01:59:33 PM |
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From the graph, we see there is a band for bitcoin price and this band is in between $4000 and $3500. There are strong support and resistance point in there for another trend. |
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jmlona
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Activity: 279
Merit: 16
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September 27, 2017, 02:03:27 PM |
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I wouldn't be surprised if this is the start of btc going back to the 5k level, granted there is resistance to break through but I have a feeling some good news will be coming soon.
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bitkanu
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September 27, 2017, 02:21:08 PM |
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We are facing a little correction after breaking the resistance, My thought that this caused by some rumour about the possibility of another free cash or airdrop from the bitcoin itself. The price around 4064 and it looks there is a little bear in the future. |
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AtheistAKASaneBrain
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September 27, 2017, 02:31:32 PM |
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We are facing a little correction after breaking the resistance, My thought that this caused by some rumour about the possibility of another free cash or airdrop from the bitcoin itself. The price around 4064 and it looks there is a little bear in the future. This is no correction, just market noise. We are now on our way to test a new all time high. All the doubters got blown the fuck out once again. Not surprised to see BTC proving the haters wrong time after time, thsi is no different. Keep holding and we will break through $5000 soon enough. Then as China confirms they are coming back with a license to trade, we will moon to anywhere from $7000 to $10000+ |
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affigne
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Activity: 235
Merit: 103
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September 27, 2017, 02:37:28 PM |
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Bitcoin is strugglin to rise up again, but since there's a record of reaching beyond the 5000$ barrier, it's only a matter of time before breaching that resistance. My guess is that by december, we will see bitcoin dancing over the 5000$ top.
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1Referee
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Activity: 2170
Merit: 1427
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September 27, 2017, 02:39:53 PM |
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I wouldn't be surprised if this is the start of btc going back to the 5k level, granted there is resistance to break through but I have a feeling some good news will be coming soon.
Everything is possible, but I highly doubt that with the November hard fork in mind. The only thing that will make us smash through that level again before the actual hard fork takes place, is when miners distance themselves from this hard fork, but that's likely not going to happen entirely considering that we have a few malicious miners to deal with. After the dump below the $3000 level earlier this month, we managed to recover all the way till $4122, but +$4100 didn't manage to hold, and in the same way I think current levels won't be maintained for long. And what is 'good news' that you feel might be popping up soon? Aside from more miners pulling back from that hard fork, there isn't any news I see have much importance. |
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YuginKadoya
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Activity: 3038
Merit: 1169
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September 27, 2017, 03:23:33 PM |
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We already Breach the $4000 mark value again and in the October month we are heading for a new Roof again, if we don't see any resistance again because of the impending Fork on November I don't really wanna see that happening again the down fall of another good value,
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Trela
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Merit: 1001
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September 27, 2017, 03:36:27 PM |
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We are facing a little correction after breaking the resistance, My thought that this caused by some rumour about the possibility of another free cash or airdrop from the bitcoin itself. The price around 4064 and it looks there is a little bear in the future. This is no correction, just market noise. We are now on our way to test a new all time high. All the doubters got blown the fuck out once again. Not surprised to see BTC proving the haters wrong time after time, thsi is no different. Keep holding and we will break through $5000 soon enough. Then as China confirms they are coming back with a license to trade, we will moon to anywhere from $7000 to $10000+ Honestly I do not hope the price of Bitcoin can continue bullish trend in next month, what the hell while altcoin can not recover only because the price Bitcoin increase or decrease  ? I want the cryptocurrency market can changes new trend and stop bullish trend of Bitcoin soon. |
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CONANEDO
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September 27, 2017, 03:40:55 PM |
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i believe this price will go up more and then 1 or 2 days later we will see if the price is still stable or not,if the price is stable it will easily go to $4500.
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Mi5h0
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September 27, 2017, 03:54:10 PM |
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This is no correction, just market noise. We are now on our way to test a new all time high. All the doubters got blown the fuck out once again. Not surprised to see BTC proving the haters wrong time after time, thsi is no different.
Keep holding and we will break through $5000 soon enough. Then as China confirms they are coming back with a license to trade, we will moon to anywhere from $7000 to $10000+
Damn, I really like the sound of that! I'm about the same opinion and I hope we are both right. Maybe we'll see a small correction again, maybe even fall down to $3600 but I believe it will be right back at over $4000 value and continue to grow towards new all time high. |
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CASPER_TEAM
Jr. Member
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Activity: 266
Merit: 1
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September 27, 2017, 03:56:27 PM |
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Waiting Amazon to accept payments and lets fly to 5000$
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oegarod
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September 27, 2017, 04:07:35 PM |
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i believe this price will go up more and then 1 or 2 days later we will see if the price is still stable or not,if the price is stable it will easily go to $4500.
Reaching $4500 is promising, because till date after every price drop it has recovered the price within certain time period. Only the time period to retain might vary, but the price pumping happens without doubt. Now the same has taken place making the price to go above $4000 and now looks close to $4100. |
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BurstIncomeAsset
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September 27, 2017, 04:21:34 PM |
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No more bad news, so no reason for further falls.
Eventually, if the news about China banning bitcoin are true, then the price will rach 10% less than the ATH and will recover from ATH as new people join the bitcoin world.
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faaty
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September 27, 2017, 07:47:14 PM |
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bitcoin rised a lot this year but also made some nice and decent corrections as well. It looks really strong at this point and I expect an easy run to 7k or 10k by the end of this year and early next year.
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xaxistech
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September 27, 2017, 07:49:43 PM |
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I am so happy to see that, i woke up about 3 hours ago, and when i saw that bitcoin crossed the $4k support i was so happy, seriously. I am more quiet right now because it looks like the correction is done, and that probably it would not go back again, so that makes me a little bit more quiet.
I dont know, i hope that there are not going to be any fud this week, i would not like to see bitcoin going down again.
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Factor0008
Newbie
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Activity: 57
Merit: 0
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September 27, 2017, 07:53:26 PM |
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Well i can recall to people in financial markets call the black september due downfalls that happen in this month, as we could see as well with bitcoin this year. I would kick for a middle resistance at 4,500 because of round numbers, and 5k for being the all time high... As long today it closes over the last top, breaking the double top pattern i'm ok with it  |
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Eternu
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September 27, 2017, 08:04:29 PM |
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I did not believe that bitcoin will recover so fast, knew that it will one day, but not so fast. I thought it will pass at least 2 months before it start recovering. This proves that people support bitcoin a lot, and it proves that bitcoin can survive almost anything. I hope that price will continue to rise, it would be good to see again price of 4500+ dollars.
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alyssa85
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Merit: 1088
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September 27, 2017, 08:13:20 PM |
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If you look at the order book at the bottom of your chart, there is quite a substantial sell wall at $4200. I wonder if we will see trading within a range of $4000 - $4200 till the end of the month. |
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bitcoindusts
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September 27, 2017, 08:31:35 PM |
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If you look at the order book at the bottom of your chart, there is quite a substantial sell wall at $4200. I wonder if we will see trading within a range of $4000 - $4200 till the end of the month. I believe that this wall wil be eaten pretty quickly. The acceptance of google for bitcoin payment is one of the hype today. Plus the upcoming fork do signal bullish trend. There might be a small downfall but the Aug. fork shows that bitcoin will skyrocket after a fork. There are great news for bitcoin in the upcoming months. Just you wait after the update  |
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