Analysis

[Millionero]

Technically, MA 20 is around 15000, 62% Fib around 16440-16600 or so.
Will we reach 62% before retracing the bottom? Nobody knows.

I don't understand.  62% of the peak is somewhere around 12k.  So what do you mean by 62% around ~16500?

[Biodom]

Technically, MA 20 is around 15000, 62% Fib around 16440-16600 or so.
Will we reach 62% before retracing the bottom? Nobody knows.

I don't understand.  62% of the peak is somewhere around 12k.  So what do you mean by 62% around ~16500?

19700 to 11300, then retrace 62% of the move.

[uslfd]

Technically, MA 20 is around 15000, 62% Fib around 16440-16600 or so.
Will we reach 62% before retracing the bottom? Nobody knows.

I don't understand.  62% of the peak is somewhere around 12k.  So what do you mean by 62% around ~16500?

19700 to 11300, then retrace 62% of the move.

Does that mean after retracing 62% of the move, BTC will go down for another leg?

[Biodom]

Technically, MA 20 is around 15000, 62% Fib around 16440-16600 or so.
Will we reach 62% before retracing the bottom? Nobody knows.

I don't understand.  62% of the peak is somewhere around 12k.  So what do you mean by 62% around ~16500?

19700 to 11300, then retrace 62% of the move.

Does that mean after retracing 62% of the move, BTC will go down for another leg?

That's the more difficult (to predict) part.
I am sure that ML would say something.

[windjc]

Technically, MA 20 is around 15000, 62% Fib around 16440-16600 or so.
Will we reach 62% before retracing the bottom? Nobody knows.

I don't understand.  62% of the peak is somewhere around 12k.  So what do you mean by 62% around ~16500?

19700 to 11300, then retrace 62% of the move.

Does that mean after retracing 62% of the move, BTC will go down for another leg?

That's the more difficult (to predict) part.
I am sure that ML would say something.

Assuming he still believes we need to retest 10k before visiting 100k, then yes, there would need to be another leg down.

[Biodom]

That's the more difficult (to predict) part.
I am sure that ML would say something.

Assuming he still believes we need to retest 10k before visiting 100k, then yes, there would need to be another leg down.

10400 (at least on some exchanges) could be enough, maybe, but what do I know.
let's see what's the word from the masterluc would be.

[Granxis]

I thought for a moment Bitcoin would go under $ 10,000, I think everybody had this idea in mind. It would mean a huge fall. I think we can see more sudden price changes this week.

[snowdropfore]

That's the more difficult (to predict) part.
I am sure that ML would say something.

Assuming he still believes we need to retest 10k before visiting 100k, then yes, there would need to be another leg down.

10400 (at least on some exchanges) could be enough, maybe, but what do I know.
let's see what's the word from the masterluc would be.

let us call masterluc come back and post his words in english ,i can not read russian at all ,need to tranlate to english first .what a hard work to me .

[Wekkel]

The promise of huge volatility came true. I will pick up more cheap BTC when the second just above $10k bottom is placed.

[MrBigHang]

Дoбpoй нoчи, вoпpoc yжe звyчaл, нo вce жe нa нeгo чeткoгo oтвeтa тaк и нeт, нaпpимep я битoк бpaл пo 340, ceйчac дocтaтoчнo пpибыли нa oтдeльнoe жильe, o чeм coбcтвeннo и мeчтaли c жeнoй кoгдa нaчaли интepecoвaтьcя пoтeнциaлoм биткa, нo кaк вывoдить кpыпныe cyммы? зa нaл cтpeмнo, чтo кинyт, чepeз вceм извecтныe биpжы пo чyть-чyть вывoдить дoлгo и тoжe нe oчeнь яcнo кaк нa этo oтpeгиpyeт бaнк и нaлoгoвaя, кopoчe oдни нepвы, вpoдe дeньги ecть, a кaк иx гpaмoтнo пpимeнять в peaльнoй жизни пoкa нe яcнo. Я пoнимaю, чтo вы зa xoлдить дo вoлны B(пoкa тoжe нe пoнял кoгдa этo), нo вce жe ecли людям пpocтым нe нyжны миллиoны миллиoнoв, a дocтaтoчнo пpизeмлeнныe вeщи, жильe, дeтям нa oбpaзoвaниe, ocтaтoк пycть ceбe лeжит. Bы бы кaк пocтyпили c тaкими взглядaми?
---------------------
Bo-пepвыx, oтвeт звyчaл. A имeннo: "Я нe cпeциaлиcт пo oтмывaнию дeнeг".

Bo-втopыx, oпять жe, я гoвopил. Tы нe гoтoв пpинять иx. Tы нe yмeeшь c тaкими дeньгaми oбpaщaтьcя. Tы иx бoишьcя. И знaчит oни oт тeбя yйдyт. Зaчeм дeньгaм тaкoй нeyмexa и тpycишкa. Hy и ecли дeньги вызывaют бecпoкoйcтвo и диcкoмфopт, тo ты caм бeccoзнaтeльнo иx oттaлкивaeшь кaк пpичинy бecпoкoйcтвa и тaки oттoлкнeшь.

I can't read this.

[marcus_of_augustus]

That herniated thing must really be playing havoc in the Russian winter ...

[birr]

[snip Russian text]
I can't read this.

Open the web page in Chrome Browser (or Chromium Browser).  There in the right-hand corner of the url window is a google translate icon.  Click that.
Now you can be mystified by English gobbledygook instead of the original Russian!

[MrBigHang]

[snip Russian text]
I can't read this.

Open the web page in Chrome Browser (or Chromium Browser).  There in the right-hand corner of the url window is a google translate icon.  Click that.
Now you can be mystified by English gobbledygook instead of the original Russian!

Google translate is far from perfect.  It doesn't take into account slang and translating word for word can cause errors.

[cAPSLOCK]

Newest:

So, I'm without a computer, in this word. Who will illustrate - I will be grateful.

So here I see further options:
1. The giant triangle from 20k to 10k (+/- maybe a little lower) - with a further exit under 70k. Well, or some kind of consolidation - a flag, a wedge, a pennant ... A month or two

2. The classic output bitcoin from the bear trap is bluntly up. At 70k. Up to a month

3. Deep correction to strong levels 2-5k. A few years. And up to 100k +

In any case, we must look at the weekly candle - how it will close. If 10k will stand on a week level, if it does not hit the previous week bottom - the price will soon recover and popret further.

[Wekkel]

Summarised: Moon.

[cAPSLOCK]

Summarised: Moon.

*nod*

[Millionero]

Option three means a years-long bear market before any chance of mooning, if I read correctly.
BTDT in 2014-15.  I can survive another bear market like it, but I'd prefer not to LOL.
Well, you takes your lumps.  No use complaining.

[Gab0]

In terms of probabilities, what percentage would you assign to each scenario?
The third one is scary.

[European Central Bank]

so it's either 70 grand in a few weeks via a couple of methods or a fright from hell and years long wait? i don't like them odds too much. there'd have to be a massive wave of renewed mania to go above where we've been and i ain't sniffing too much out on the horizon right now.

even if this mania did arrive, i wonder how the exchanges are gonna cope considering the state they're in right now.

[Bitcoinaire]

I have a hard time seeing a 2 year long bear market, there would have to be terrible news. I guess a crash from 70k and an exchange closing might do, time will tell.