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Author Topic: Bitcoin presently at a resistance hold or break $4100 to $4300  (Read 615 times)
syberwolfen
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October 04, 2017, 08:33:45 AM
 #21

I have read 8000$ a december for BTC , is really ? .

I am not sure about $8000 but looking at the past trend of surge in the value of bitcoin i can assure $8000 is achievable but i don't think it will happen in December but most probably in the April to June quarter of 2019 it might be possible but we cannot predict it as we need to be up to date with the ups and downs of bitcoin in order to predict it more accurately.

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October 04, 2017, 08:51:33 AM
 #22

If it's anything like the last fork,  will continue to go lower and then rise after the next fork.
exactly i think the next downtrend is coming after which the price will reach upto 6000$ and this will be the time to fill your bags up for the much profit in the end i have sold some of my bitcoin at 4500$ and now waiting for the next dump so, that i can make a good profit again and according to my asumption the price will reach again to the 3000$to 3500$ and that will be the right time to fill bags.

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October 04, 2017, 08:59:31 AM
 #23

If it's anything like the last fork,  will continue to go lower and then rise after the next fork.
exactly i think the next downtrend is coming after which the price will reach upto 6000$ and this will be the time to fill your bags up for the much profit in the end i have sold some of my bitcoin at 4500$ and now waiting for the next dump so, that i can make a good profit again and according to my asumption the price will reach again to the 3000$to 3500$ and that will be the right time to fill bags.

if the scenario of last fork is going to happen then price should start falling NOW because the drop started nearly 2 months before the fork in late June and the biggest drop was in mid July which was 1.5 month before the fork (August 1).

but as you can see the price has been rising and the drop came before all this and was not even related to the fork!

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October 04, 2017, 09:45:10 AM
 #24

some people always be utilize everytime bad news related to bitcoin and currently most people will talking about the upcoming hardfork which had influence for bitcoin price itself and i believe by the end of this month the price slightly dropped and maybe panic sold will happened even the chance are pretty small so the price corrections maybe lower at $4000 before hardfork 

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October 04, 2017, 09:50:46 AM
 #25

I have read 8000$ a december for BTC , is really ? .

I am not sure about $8000 but looking at the past trend of surge in the value of bitcoin i can assure $8000 is achievable but i don't think it will happen in December but most probably in the April to June quarter of 2019 it might be possible but we cannot predict it as we need to be up to date with the ups and downs of bitcoin in order to predict it more accurately.

Thanks , today falling down i think is very good to buy .

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Nameless27
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October 04, 2017, 11:15:12 AM
 #26

According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower,  but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+
http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/
Analyst contribution is welcomed.

It’s normal. I think as there no significant event bad or good at this moment, the fud has stop as well as the bullish at that range. But eventhough it touches around 4400$ it seems holding back a little to early for the segwit. I don’t think this happening is in relation to November fork and it might be just a correction. In my guts I’m sure that before November, a possible 5000$ is achievable but have only small margin of downfall below 4000$. It wasn’t be as big like what happened last August 1. So I think at this stage it will be a much silent month.



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October 04, 2017, 01:57:51 PM
 #27

According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower,  but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+
http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/
Analyst contribution is welcomed.

Well i take it as a win win situation since i'm going for long term. If it doesn't break away now and dips lower with scaredy cats panic selling, then that would be a good time to add btc. If it goes up and breaks this resistance then i'm not going to complain though i dob't plan still on selling at 5k if that happens

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October 04, 2017, 02:43:08 PM
 #28

I think it is going up. The next few weeks will surely give us a clear indication. If the price breaks the previous high then we almost certainly will continue rising above $5,500 and likely $6,000. However, a dip in the next while like the ones we just rebounded from will indicate we are in a long-term crash.
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October 04, 2017, 02:46:04 PM
 #29

If it's anything like the last fork,  will continue to go lower and then rise after the next fork.
exactly i think the next downtrend is coming after which the price will reach upto 6000$ and this will be the time to fill your bags up for the much profit in the end i have sold some of my bitcoin at 4500$ and now waiting for the next dump so, that i can make a good profit again and according to my asumption the price will reach again to the 3000$to 3500$ and that will be the right time to fill bags.

if the scenario of last fork is going to happen then price should start falling NOW because the drop started nearly 2 months before the fork in late June and the biggest drop was in mid July which was 1.5 month before the fork (August 1).

but as you can see the price has been rising and the drop came before all this and was not even related to the fork!

We have almost 1 month to the fork. I don't know its exact date.

For the comment you made, you're pointing out the correct things. This action can't be related to the hard fork scenario. It still stayed above $4000 even this was very hard.

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October 04, 2017, 03:12:24 PM
 #30

Consistently moving between the $4k and $4.4k mark which makes it hard to call whether it will fall off or rise up to all time high. One thing is for sure that the lesser panic sellers at the time of FUDs, the better for the price of Bitcoin. Best case scenario, with some big players chiming in, it could break the $5k barrier within this year but then again, nothing is certain.



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October 04, 2017, 04:20:54 PM
 #31

The price is making a serious correction now and we may witness another pump in days to come as the selling pressure is very low.  The volume indicators are pointing towards upward momentum. We should not think that price move in a hundred percent base on price pattern and because of this many are always cut across of the bullets between the professionals and the whales. Don't be cut inbetween because price will not fall or pump without proper reason or good or bad news.

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October 04, 2017, 04:33:35 PM
 #32

The price is making a serious correction now and we may witness another pump in days to come as the selling pressure is very low.  The volume indicators are pointing towards upward momentum. We should not think that price move in a hundred percent base on price pattern and because of this many are always cut across of the bullets between the professionals and the whales. Don't be cut inbetween because price will not fall or pump without proper reason or good or bad news.
for sure if the whales shaken the market many panic holders will fall with them and they can grab more cheap btc so better to be prepared and less
worries as fluctuations always part of this investment and we just needed to have a strong guts to continue.

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October 04, 2017, 07:18:21 PM
 #33

According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower,  but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+
http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/
Analyst contribution is welcomed.

Well, yeah, that's what we have been saying the whole time. I love the threads that claim there are issues with prices and when you look at the time of posting versus the price indexes, there was never a problem and it is just some fantasy based trading RPG they live in.
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October 04, 2017, 07:40:17 PM
 #34

Rarely does Bitcoin (or any crypto coin) stay horizontal for long.

If it can't break resistance, the probability is greater that it will correct.

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October 05, 2017, 10:25:34 AM
 #35

According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower,  but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+
http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/
Analyst contribution is welcomed.
Well, it is still a speculation for now and speculations like this will even make the price to pullback even more as people will quickly want to dump hoping they can buy back at probably $3500. I do not see that happening anyway and I so much believe like someone rightly said that a lot of people will want to hold so they can have the other side of the forked chain once it occurs. I think it is better we hope for the best.

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justspare
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October 05, 2017, 11:24:19 AM
 #36

FUD here is not an option, if you are aware about the forecast of the event next month, then we had to anticipate the price prediction but 3600 is quite too low. Probable price maybe around 3800 to 4000 during correction.So the best move here is HODL and wait until November for price recovery. Targeted price of 5K all-time-high is unlikely to happen this last quarter of 2017.
Better anticipation you have made. Yes bitcoins prices are going up but not like that rocket speed. There would be a strong up and price chart may move towards sky but not more than $5000.

Like you said, there would not be any prediction that can cope up in reality. Don’t just assume, think practically and yes hold and hold, it benefits you.

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October 05, 2017, 02:07:06 PM
 #37

Well, it is still a speculation for now and speculations like this will even make the price to pullback even more as people will quickly want to dump hoping they can buy back at probably $3500. I do not see that happening anyway and I so much believe like someone rightly said that a lot of people will want to hold so they can have the other side of the forked chain once it occurs. I think it is better we hope for the best.

There's talk of another fork.  If July and August repeats itself, then Bitcoin will plummet before the fork and then rally after the fork.

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October 05, 2017, 10:57:27 PM
 #38

According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower,  but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+
http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/
Analyst contribution is welcomed.

It doesn't mentioned how long is the given period for the resistance period. It's not an easy road for bitcoin price to just break a resistance without any continuous hard trend. So for me, the speculation have lack of basis because it's just covered short period which is not a good reference point.

Well don't want to dig into this deeply. Anyone can speculate and let's just see if the assumptions will be close to happening.

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October 06, 2017, 02:42:16 AM
 #39

According to this chart analysis it is speculated that if bitcoin cannot break this resistance it is likely it will pullback or corrected to $3600 and panicking sellers may pushed it even lower,  but if the present resistance is broken, there is the tendency that bitcoin is going to all time higher record of $5K+
http://cryptopost.com/bitcoin-daily-btc-facing-strong-resistance-september-27-2017/
Analyst contribution is welcomed.

It doesn't mentioned how long is the given period for the resistance period. It's not an easy road for bitcoin price to just break a resistance without any continuous hard trend. So for me, the speculation have lack of basis because it's just covered short period which is not a good reference point.

Well don't want to dig into this deeply. Anyone can speculate and let's just see if the assumptions will be close to happening.

Agreed. And after breaking the resistance, we still didn't see a bull run that will push the price to $5000. Actually it went into another ups and downs after and went to a 2 day slump. However it just rally back and pass $4300 once again.

So the prediction has somewhat didn't come "true". But that is why they called it a prediction because no one really know what the future hold for us. So again, we need to see how the movement goes, if this is sustainable otherwise another roller coaster ride for all of us. So expect the unexpected.

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October 06, 2017, 03:05:34 PM
 #40

FUD here is not an option, if you are aware about the forecast of the event next month, then we had to anticipate the price prediction but 3600 is quite too low. Probable price maybe around 3800 to 4000 during correction.So the best move here is HODL and wait until November for price recovery. Targeted price of 5K all-time-high is unlikely to happen this last quarter of 2017.
Better anticipation you have made. Yes bitcoins prices are going up but not like that rocket speed. There would be a strong up and price chart may move towards sky but not more than $5000.

Like you said, there would not be any prediction that can cope up in reality. Don’t just assume, think practically and yes hold and hold, it benefits you.

The price is pretty much stable today as it ranges from $4200-$4400 over a 1 week period. It might not be as fast but it does go up slowly since most of the traders and hodlers are anticipating most forks this upcoming few days (BTG and Segwit2x). I'm still waiting for what will be happening next and I strongly hope that Bitcoin's price might reach near $5000 before November but not over it.

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