Bitcoin Price Analysis

[strongwarrior238]

Bitcoin Price Analysis: Mood Swings

Last week was not easy for cryptocurrency market. The situation made worse by the negative news, so even ardent cryptocurrency enthusiasts have become despondent. However, at the moment there is mood swings in the market and it seems that the buyers are trying to dominate again.

The current fall is within the framework of the long-term layout of the new global growth in the second wave, while the price may drop almost to the beginning of the first. Critical point will be leaving below $ 6000 - this will mean scrapping the current picture, and for bears, targets below $ 5000 will open.
btc daily chart


We also need to close around $ 11,000. Achievement of this level will give hope to bulls on breaking of a downside trend and continuation of the upward movement. There are already less than two weeks to realize this scenario.
If we talk about short-term prospects, then, as predicted in the previous analysis, during the G20 meeting, volatility may greatly increase. Cryptocurrency investors could already observe the echoes of this, when today in a matter of hours the price of the first coin has increased by about 10%...https://en.bit.news/bitcoin-price-analysis/
Today and tomorrow it is necessary to be especially attentive and not to make rash and impulsive transactions.

You can see that bitcoin prices in the past few days have been rising steadily and now are showing signs of slowing down. Currently bitcoin is adjusting at $ 9500 level and according to my analysis, the D1 frame prices are showing signs of divergence, indicating that bitcoin prices are showing signs of buying down but price increases, This is very dangerous, suggesting that bitcoin prices will probably decrease in the near future.

[loveinberlin]

Price of Bitcoin is growing and nobody can say for 100% that it is going to change soon. Some experts think that it is risky to invest in cryptocurrency at all. The value of such currency isn't supported, which is the main reason why it may collapse.

[Kemarit]

Bitcoin Price Analysis: Mood Swings

Last week was not easy for cryptocurrency market. The situation made worse by the negative news, so even ardent cryptocurrency enthusiasts have become despondent. However, at the moment there is mood swings in the market and it seems that the buyers are trying to dominate again.

The current fall is within the framework of the long-term layout of the new global growth in the second wave, while the price may drop almost to the beginning of the first. Critical point will be leaving below $ 6000 - this will mean scrapping the current picture, and for bears, targets below $ 5000 will open.
btc daily chart
~ snip ~

We also need to close around $ 11,000. Achievement of this level will give hope to bulls on breaking of a downside trend and continuation of the upward movement. There are already less than two weeks to realize this scenario.
If we talk about short-term prospects, then, as predicted in the previous analysis, during the G20 meeting, volatility may greatly increase. Cryptocurrency investors could already observe the echoes of this, when today in a matter of hours the price of the first coin has increased by about 10%...https://en.bit.news/bitcoin-price-analysis/
Today and tomorrow it is necessary to be especially attentive and not to make rash and impulsive transactions.

You can see that bitcoin prices in the past few days have been rising steadily and now are showing signs of slowing down. Currently bitcoin is adjusting at $ 9500 level and according to my analysis, the D1 frame prices are showing signs of divergence, indicating that bitcoin prices are showing signs of buying down but price increases, This is very dangerous, suggesting that bitcoin prices will probably decrease in the near future.

We have seen minor pullbacks already and it seems that your analysis is somewhat correct as the price dip to $8800 from as high of $9500. Critical day is yesterday, but it seems that bitcoin is overbought that's why a pullback is necessary. Daily traders making profits is just normal. But I don't think that this pullback will go below $8000. I see the deepest that we can get would be $7800. There will be strong support in the lines of $8000, but we have to see how it goes if it even goes below that. So let's say, we need to be cautious and observant and take every precautions specially for day traders.

[arthotdog]

As of now, i choose not to take any analysis seriously and together those speculations,because market this Q1 and Q2 arent reliable,always pump and dump things that rare to happen.so i keep my silence and just pretend that im not affected lols

[untugede]

As of now, i choose not to take any analysis seriously and together those speculations,because market this Q1 and Q2 arent reliable,always pump and dump things that rare to happen.so i keep my silence and just pretend that im not affected lols

maybe what you have done is right, better we do not choose to analyze, it's really hard right With this market situation, because we can not now analyze the price well, so we better prefer not to analyze or trade first, of course very risky with price conditions is not easy for us to analyze.

[network.decentralizer]

You also need to know that BTC gained $1k in 45mins  (from 7k to 8k) before 2 weeks. Some people are talking about possible correction but some other are seeing 10k soon.

[mudasarali43]

Bitcoin price analysis for future is great because it technology and demand and limited quantity makes them to go at high price in near future and some other predictors are saying the bitcoin price in future will go to the more and more high price and made new high price record,

[nightways]

Bitcoin Price Analysis: Another High

Bitcoin is growing the second consecutive week. A level of $ 9000 reached on Saturday, April 21. Currently, the price is not in a hurry to drift down significantly, re-testing this psychological level.

After the break of the triangle, the bulls continue to systematically strengthen their positions. The weekly candle closes again in such a way that in the coming days it is unlikely that the bears will have a chance to break the trend.

On the daily chart, everything also goes according to an attractive scenario for many cryptocurrency investors. After the downward trend breaks up and the triangle leaves, the price continues to grow monotonously, without any obvious pullback.
The forecast of the last week has completely fulfilled - the bears could not go below $ 7800 at the beginning of the week, and new growth began from this area.
Now the price is trading near the resistance of $ 9200. Most likely it will be broken today, and then the important price level will be $ 9800-10000. There is a high probability that many supporters of short-term trading will want to close profits near $ 10,000 and strong short-term sales will follow. And then we will wait upward movement again.
The next serious levels is at $ 11,700. Therefore, after $ 10,000, the price of the main coin can "fly away" by a rapid impulse by $1000-2000 higher....https://en.bit.news/bitcoin-price-analysis-another-high/

              

We have seen many expert talks about the Bitcoin and its market and many of the experts answered positively about it. They are confident about the future of Bitcoin and its future achievements will be in the form of single currency. Many CEO’s of companies and co-founders are giving positive site of Bitcoin while some of them are making new features to connect their technologies with Bitcoin.

[superromeo]

The market today reduced slightly to gain momentum to increase capital to 450 billion

[richminded]

Price of Bitcoin is growing and nobody can say for 100% that it is going to change soon. Some experts think that it is risky to invest in cryptocurrency at all. The value of such currency isn't supported, which is the main reason why it may collapse.

That is the risk of investing in cryptocurrency, and if you have weak emotion better not to enter in a high volatile market. Bitcoin is a great technology and its price may go higher or it may hit the floor no one can say but I am looking for a higher price of it this year and I will not panic when the market collapse again.

[Dart18]

You also need to know that BTC gained $1k in 45mins  (from 7k to 8k) before 2 weeks. Some people are talking about possible correction but some other are seeing 10k soon.

They always say that and holders wont care much.
If you are truly an investor then it wont matter.
Only traders have the usage for mood swings which will benefit them. This kind of swings let them somehow profit but could also be a risky move if ever there is a sudden change with its fluctuation. It is still just safer to hold it until you are satisfied with the price and then get out.

[Golftech]

You also need to know that BTC gained $1k in 45mins  (from 7k to 8k) before 2 weeks. Some people are talking about possible correction but some other are seeing 10k soon.

They always say that and holders wont care much.
If you are truly an investor then it wont matter.
Only traders have the usage for mood swings which will benefit them. This kind of swings let them somehow profit but could also be a risky move if ever there is a sudden change with its fluctuation. It is still just safer to hold it until you are satisfied with the price and then get out.

The best practice is not to become greedy, stay with your original plan, each time fluctuations happen you won't be bothered as you are sure that bounce back is just there waiting for you to earned from your investment, wait till your target being reach and stay holding if you are seeing downfall,never to fell into panic, bitcoin will bring success to those who knows hoe to hold and wait.

[ylnar123]

Bitcoin Price Analysis: Mood Swings

Last week was not easy for cryptocurrency market. The situation made worse by the negative news, so even ardent cryptocurrency enthusiasts have become despondent. However, at the moment there is mood swings in the market and it seems that the buyers are trying to dominate again.

The current fall is within the framework of the long-term layout of the new global growth in the second wave, while the price may drop almost to the beginning of the first. Critical point will be leaving below $ 6000 - this will mean scrapping the current picture, and for bears, targets below $ 5000 will open.
btc daily chart


We also need to close around $ 11,000. Achievement of this level will give hope to bulls on breaking of a downside trend and continuation of the upward movement. There are already less than two weeks to realize this scenario.
If we talk about short-term prospects, then, as predicted in the previous analysis, during the G20 meeting, volatility may greatly increase. Cryptocurrency investors could already observe the echoes of this, when today in a matter of hours the price of the first coin has increased by about 10%...https://en.bit.news/bitcoin-price-analysis/
Today and tomorrow it is necessary to be especially attentive and not to make rash and impulsive transactions.

Calibrating through this graph you shared will give hint to investors when and how to hold their investment. This will also help those new investors and they be able to balance their investment in Bitcoin and other cryptocurrencies.

[Alex077]

Bitcoin Price Analysis: The Breakthrough Is Possible, But Will Be Difficult

The past week did not bring any special surprises and generally passed under scenario described in the previous issue of our analytical analisys. At the moment there is a consolidation and accumulation of volumes for the further upward movement.

For a long time BTC/USD traded around main resistance levels of $9 200 and $ 9 800. Reaching a level of $9 800, the rate has sharply jumped aside against the background of massive sales and fixing of profit...https://en.bit.news/bitcoin-price-analysis-breakthrough-possible-will-difficult/

The daily chart is unchanged. The movement is developing within the framework of the third wave. We need a shock impulse like the one on April 12th/

           

[Pritt]

So seems like we shouldn't wait for rapid changes next week or two. Soo slow. $10-10.500 is what we need to breathe a sign of relief.
Unclarity this year is playing on nerves, even though I play long-term

[mriansa]

your analysis is very good and the possibility of the movement you give can happen like that but if you realize it bitcoin price is currently moving if there is good news and there is bad news, and when it goes up you have to need good news that could trigger a bitcoin price increase if it is not there bitcoin prices will be stable.

[riderinred]

Bitcoin Price Analysis: The Breakthrough Is Possible, But Will Be Difficult

The past week did not bring any special surprises and generally passed under scenario described in the previous issue of our analytical analisys. At the moment there is a consolidation and accumulation of volumes for the further upward movement.

For a long time BTC/USD traded around main resistance levels of $9 200 and $ 9 800. Reaching a level of $9 800, the rate has sharply jumped aside against the background of massive sales and fixing of profit...https://en.bit.news/bitcoin-price-analysis-breakthrough-possible-will-difficult/

The daily chart is unchanged. The movement is developing within the framework of the third wave. We need a shock impulse like the one on April 12th/

           

I agree with the bigger picture on your analysis, that we are in a bull trend and that we will move past 10k.
But on the lower time-frame (about 1 week) I disagree with your prediction of an impulsive move that will break current resistance levels.
In my oppinion the trend is loosing momentum and we will see a short period of down- or sideway movement, before the next resistance will be challenged.

I also doubt that we will go from 10k to 16k without another correction.

[Alex077]

Bitcoin Price Analysis: Will It Possible To Break The Level Of $ 10,000

Last week, buyers dominated mainly on the market, but to consolidate above $ 9800 failed again.

As expected in the previous analysis, near this level followed massive sales. So it happened: the price practically reached $ 10,000 and then began to fall precipitously.
   

Now the price is trading near $ 9300. On the daily chart, all this looks like a high-volatility flat. The price has already tested $ 9,800 twice. If it up to this mark again, then most likely it break it. In this case, with a high probability of growth will be impulse, with a break of $ 10,000 and a move to $ 11,700...https://en.bit.news/bitcoin-price-analysis-will-possible-break-level-10-000/

[jamesclark]

The positive influence on price is happens in the cryptomarket, more than a week, the price of the whole market was red, and now its recovering

[Dwarf42]

Bitcoin Price Analysis: Mood Swings

Last week was not easy for cryptocurrency market. The situation made worse by the negative news, so even ardent cryptocurrency enthusiasts have become despondent. However, at the moment there is mood swings in the market and it seems that the buyers are trying to dominate again.

The current fall is within the framework of the long-term layout of the new global growth in the second wave, while the price may drop almost to the beginning of the first. Critical point will be leaving below $ 6000 - this will mean scrapping the current picture, and for bears, targets below $ 5000 will open.
btc daily chart


We also need to close around $ 11,000. Achievement of this level will give hope to bulls on breaking of a downside trend and continuation of the upward movement. There are already less than two weeks to realize this scenario.
If we talk about short-term prospects, then, as predicted in the previous analysis, during the G20 meeting, volatility may greatly increase. Cryptocurrency investors could already observe the echoes of this, when today in a matter of hours the price of the first coin has increased by about 10%...https://en.bit.news/bitcoin-price-analysis/
Today and tomorrow it is necessary to be especially attentive and not to make rash and impulsive transactions.

You can see that the price of bitcoin today has been very volatile when it dropped sharply from $ 9,400 to $ 8,800 at the moment, so the fluctuation of bitcoin has made the market very confusion, almost all of the coin are falling sharply. We can see that although bitcoin prices have been rising steadily over the past month and this may be a correction before continuing to increase, bitcoin prices are still in a bear market so you must have a commercial plan. specifically, to minimize risk.