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Author Topic: Short term predictions for BTC price?  (Read 498 times)
btc1
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March 25, 2018, 11:46:46 PM
 #101

Not more than $10,000 in a short term.

I believe in a short rise, but this is nothing special over it.. maybe there are good resistances on the $9000 level (i am checking it on my charts)

but there is not a "solid" ceiling over it.

Just wait, sit down, and enjoy the ride.


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March 26, 2018, 04:34:14 AM
 #102

Actually no one can tell an acurate btc price could take place in this trend. But as we look the price in the market hopefully we can view this in a bullish trend. Hence, the market is hard to recover this previous weeks I am into hold of my bitcoin.
Holding is the only thing we can do for now, market been to rough since the start of the year, so we will just need to wait till everything went back to normal.

I remember like 3-4 weeks ago prices went down to around $6500-$6800 and people were hysterical. Based from that experience, I observed that most people that invested into bitcoin are not knowledgeable about its natural tendencies in the market. Volatility in the price is something that happens naturally in the market due to having no regulation at all.
You are definitely right that holding your investments may give you the opportunity to sell them at a higher price given the right time. Though it also depends on your goal but I prefer selling my coins on a price which is higher from the price that I acquired them to maximise my profits and lower the risks of losing all.
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March 26, 2018, 04:55:28 AM
 #103

Hi guys , does anyone have any good short term predictions for Bitcoin? or should we move to other cryptocurrencies?
I don't prefer bitcoins to be a short term investment. Low profit to be claim and it is more volatile for now. No one can predict it price. I must suggest to wait until november again to gain a high or more profit it in.

But if you want for short term better buy some cheap sh*tcoins in the altcoins section and make some research about that so that you're not gonna be scam. I think more for now is profitable in altcoins than bitcoins. Even in mining system.

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March 26, 2018, 12:34:04 PM
 #104

Hi guys , does anyone have any good short term predictions for Bitcoin? or should we move to other cryptocurrencies?
Well, seeing how the price of bitcoin is fluctuating rapidly, it is still hard to somehow make a prediction if it will finally recover from the dip it had. So IMO, if you can site some good alts to invest with, now is a good time to invest in them while the price of bitcoin is still like this. You can expect some great profits from those alts as soon as the bitcoin's price recover as most of them are dependent to it.
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March 26, 2018, 01:05:35 PM
 #105

What a bunch of drivel.

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March 26, 2018, 01:08:34 PM
 #106

it is on its consolidation phase i think from $8k to $9k until it breaks out probably few months from now, but it will continue to consolidate long term. just my cents though

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March 26, 2018, 07:23:08 PM
 #107

it is on its consolidation phase i think from $8k to $9k until it breaks out probably few months from now, but it will continue to consolidate long term. just my cents though
the price at a level those numbers which you have named will last very long. Perhaps really before the end of this year. The fact is that always demand creates supply in the market. But today Bitcoin offers a lot and the lack of demand makes the situation today very tense.

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March 26, 2018, 08:57:53 PM
 #108

Unfortunately, bulls were unable to take $9,000. We got a stiff rejection at the neckline, and a pronounced bearish engulfing on the 4-hour chart:



That area was tested three times before the selloff. Surprising weakness from the bulls. Undecided

I hate to say it. But this is beginning to look like the inverse H&S failure on the daily chart we saw during the first week of March. That preceded the crash to the $7,200s.

We recently got a TAM downtrend signal on the 1-week chart, and it's still in force for another week or so. Maybe we just need some more time to build a base. Or maybe this will turn bearish....

Price is still slow bleeding and stair-stepping down. Unfortunately, I'm noticing a lot of bullish/hopeful sentiment and also a lot of knife-catching calls. A lot of seasoned altcoiners also (finally) proclaimed that alt season was upon us. Sentiment-wise, none of this bodes well for bulls right now.

As I said the other day, the picture isn't bullish until and unless bulls take $9,000. Zoinky (an old hand from these parts) puts it at $9,500. Now he's looking for $3,900. He also says:

Quote
Officially under quarterly future's multi-year support trend. 50 MA is under 200 MA. Algos may start kicking.

All in all, things look very grim. It's possible that bulls come in and show strength, but I've yet to observe any yet. Lips sealed

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March 26, 2018, 10:56:13 PM
 #109

wow, what an erection on the BTC chart! was that little plunge below $8000 just a total bear trap?! awesome to see that price has already shot up past the last bounce area, so there's probably a lot of bottom shorters to squeeze.

it's a beautiful sight to behold after all the blood this weekend:

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March 26, 2018, 11:40:26 PM
 #110

wow, what an erection on the BTC chart! was that little plunge below $8000 just a total bear trap?! awesome to see that price has already shot up past the last bounce area, so there's probably a lot of bottom shorters to squeeze.

it's a beautiful sight to behold after all the blood this weekend:


nice chart but i think this is  because the difference between supply and demand In some periods dump of today is not strong like other , generally the dump dominate on price so btc will test support 7300 again then the price will rise to 8000 and stabilizes there ; then another dump will return again ;i still think that prices are expensive
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March 26, 2018, 11:53:07 PM
 #111

It will not be accurate. It is a gamble.
Even the pro traders do have a hard time predicting where bitcoin will go that is why they switched to a cheaper coin where they can play with market.

Anywhere it goes it will still be a prediction and no one can tell if it will happen. Better just leave it as it is and just HODL.
Very well said. No one can really predict the volatility of the prices in crypto world. The main key here for success is a lot of PATIENCE or else we will all ended up with weak hands and lead the blockchain market to crash down.

As a strong believer of bitcoin therefore i would suggest all the holders to still wait and hold. Anyway, first trimester is almost over. So by then bitcoin prices will be starting to pump again.

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March 27, 2018, 01:56:12 AM
 #112

Not more than $10,000 in a short term.

I believe in a short rise, but this is nothing special over it.. maybe there are good resistances on the $9000 level (i am checking it on my charts)

but there is not a "solid" ceiling over it.

Just wait, sit down, and enjoy the ride.


maybe need a shock news that builds a huge demand and that can be done with positive news about bitcoin. I'm sure when there was a big newspaper preaching about the benefits of bitcoin or the government that started legalizing bitcoin, it will make a big explosion in the market and make the demand rise high, but for the near term this is nothing special? yeah maybe we should be patient for longer to wait higher price

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March 27, 2018, 02:20:44 AM
 #113

In the hull of every sunken ship....is a room full of charts. What a bunch of amateur of drivel. Also, that childish little term "HODL" is the most ridiculous term on earth. Makes you sound like a bunch of babies. I doubt many people will take someone seriously that says "HODL". Maybe just stuff a pacifier in their mouth.

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March 27, 2018, 03:48:20 AM
 #114

In the hull of every sunken ship....is a room full of charts. What a bunch of amateur of drivel. Also, that childish little term "HODL" is the most ridiculous term on earth. Makes you sound like a bunch of babies. I doubt many people will take someone seriously that says "HODL". Maybe just stuff a pacifier in their mouth.
Very difficult and a high one as we can hardly see simply holding in down market is a test for patience. However, no one can really say what can happen or not since we would not have thought, bitcoin would even get lower than $10000 and a lot of experts even thought that $10000 will be a strong support but there we go brewing past it like it was nothing and then we kept rolling down.

I am just hoping we do not end up seeing more range bounds happening, thinking of a bounce back at the current $8000 levels so that bitcoin may keep attracting more new investors in long run.


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March 27, 2018, 04:39:17 AM
 #115

The market is quite unstable for now because of bitcoin's recent spike-and-plunge of its price. I just hope that bitocin will be coming back for good so we can see a normal market too. If i have to predict, bitcoin will come back again at the end of 3rd quarter.

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March 27, 2018, 05:23:20 AM
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 #116

Heres a short term call, bottom out on channel and upside target of 8000.   Nothing bullish required to get this really.   Longer term there are different perspectives to draw on like the 200 daily moving average which is still a positive trend.   Its neutral sideways to negative short term, main trends are based on confidence and deleveraging of credit in BTC market I think.    There are other trends based on the actual utility but they may be alot slower to form support


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March 29, 2018, 07:31:09 AM
 #117

Price is still slow bleeding and stair-stepping down. Unfortunately, I'm noticing a lot of bullish/hopeful sentiment and also a lot of knife-catching calls. A lot of seasoned altcoiners also (finally) proclaimed that alt season was upon us. Sentiment-wise, none of this bodes well for bulls right now.

As I said the other day, the picture isn't bullish until and unless bulls take $9,000. Zoinky (an old hand from these parts) puts it at $9,500. Now he's looking for $3,900. He also says:

Quote
Officially under quarterly future's multi-year support trend. 50 MA is under 200 MA. Algos may start kicking.

All in all, things look very grim. It's possible that bulls come in and show strength, but I've yet to observe any yet. Lips sealed

Things are still looking pretty grim. Undecided

Normally I don't like to do EW on short-term charts, but I think we have enough here to make some educated guesses.



There's good news and bad news here. Good news first. There's still a good possibility that the leg down from $9,177 is corrective. The potential C/III wave is shallow, making a III wave unlikely unless we see a real selloff soon. That means the $7,240 low could still have been the start of a corrective wave up to new highs > $11,800 (bull trap). The lower degree Wave 4 is a pretty clear running triangle, indicating a penultimate move. We should be finding a local low soon.

The bad news..... the 1-week and 1-month charts look like shit. We're below trends and MAs that have acted as support for two or three years. If we make new lows < $7,240 then the above scenario becomes unlikely (expanding flats, etc. are rare). In that case, things could get stay very ugly for a while.

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March 29, 2018, 07:46:38 AM
 #118

For the short term.. it looks like it's not ensuring/promising high profit, I think is more suitable for the long term. Anyhow this time it seems that the price movement looks still stuck and slowly by the various things that affect it. We just don't take a riskier or less promising decision if the circumstances telling to the other decision rather than we take.
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March 29, 2018, 09:26:37 AM
 #119

Hi guys , does anyone have any good short term predictions for Bitcoin? or should we move to other cryptocurrencies?



it's hard to predict the current bitcoin, the market is so not conducive. let alone some restrictions being one of the trends that degrade crypto market. bitcoin is very sensitive to rumors. because in it there is a lot of panic from investors who have not experienced. so, I guess I can only monitor market movements before assuming and speculation

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March 29, 2018, 10:43:08 AM
 #120

Hi guys , does anyone have any good short term predictions for Bitcoin? or should we move to other cryptocurrencies?
Yeah, some investors invest short time and they've got profited. Especially last year, bitcoin price got high amount and rises fast like a rocket, so that a lot of investors gain profit in just one click.



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.BITVEST DICE.
HAS BEEN RELEASED!


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