Line in the sand {thread for price predictions}

[STT]

I want to make a thread for people to post a graph and a fairly brief prediction along the lines of 24hr higher or lower.      I'll quote myself for an example, looking for a close above this price to be more bullish on action that follows.
I cant be sure this price is as significant as I'm drawing it in to be but just for the record, I'm interested for predictions like this.  

Post / Link a graph and prediction or just vote in the poll.    I'll try to reset the OP poll sometimes to gather just the short term feeling on the forum

Looking directly at the price right now, it appears to be negative but its also seems to be trying to combat the 50 day moving average if we move to a higher time frame.    
So the sharp move up and back down is confusing but I think also it could be more obvious in a positive trend if it can rise to about 3700 and confirm this level before continuing higher.

Its not certain what it will do but I'd count that as pretty positive short term, its potential to beat the recent negatives


Daily bars


15m bars

I'll draw a line in the sand, I want it to close higher then 3589 in next four hours

[STT]

I reset the Poll as we have moved as anticipated.    We are now above the 50 day moving average and also the 8 day average.      Its fair to say we are in a positive phase for Bitcoin price action.

Poll result roughly matched that with neutral to bullish sentiment -

Its not my intention to write just a thread of my posts but it did follow pretty fast this time. I'll close if nobody else is doing charts for short term moves.    For a target on this break I would guess initially 4000,4200 and 4500 for reasonable targets but eventually I'd like to see it retest 6000



Theres a much less trafficked section from 4500 to 6000 and I think that lack of price action will be too tempting for the market not to test and fill with a test of previous support

[buwaytress]

That WAS a quick follow!

I'm not one for changing my own feelings so soon, but I think we can agree on that the sentiment majority has moved to slightly above neutral, ie. there are the startings of buying signals now. I was expecting Sunday's gains not to hold but it seems $3700 is not only holding, but adding in volumes as we speak.

No charts for me but I'd also like to see a $4k test before month end.

What's your TF for 6k?

[YuginKadoya]

I never think for 2020 will be the big day of a bullish market but I have voted for bullish because I really want the value to be on that movement, But I guess the price of bitcoin will be bullish on 2021 or 2022 just a hunch well there are many things that we need to set aside there is a correction when the price goes skyrocket that happens all the time and there is price manipulation, And mainly bitcoin right now I think many had considered making a space for now because of the sudden dip and we can not blame them that is why the recovery for the value of bitcoin will take that much time that is why in my opinion I picked that year.

[figmentofmyass]

What's your TF for 6k?

i'd say 6+ months.

i strongly feel this is a sucker's rally, a bull trap. by all means, this should be used as an opportunity to take profitable longs after such a barren couple months with few trading opportunities. but we are not out of the woods yet just because we're retracing some of the losses since $6k.

if we break the swing high from december, i could see it rallying to $4700s or so, maybe higher. but remember to take your profits guys!

i recommend taking a look at the chart from the end of 2014. people got overly bullish on that november rally, and they probably will this time too.

[buwaytress]

What's your TF for 6k?

i'd say 6+ months.

i strongly feel this is a sucker's rally, a bull trap. by all means, this should be used as an opportunity to take profitable longs after such a barren couple months with few trading opportunities. but we are not out of the woods yet just because we're retracing some of the losses since $6k.

if we break the swing high from december, i could see it rallying to $4700s or so, maybe higher. but remember to take your profits guys!

i recommend taking a look at the chart from the end of 2014. people got overly bullish on that november rally, and they probably will this time too.

Yeah, no matter how we can dress this up, even the signals from 2018 were much stronger than this, and then we all remember how that 6k "consolidation" period ended up.

I'm not counting to be (pleasantly) disappointed but definitely taking some much-needed respite on sells. Not a trader except by default, but it would be very nice to start selling what I've been earning for the past few months on an upward price trend, at least before the trap springs.

[bitbunnny]

It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.

[Peashooter]

It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.

I will choose neutral because we do not know what will happen in the price of bitcoin. Even it crossed the price of $4000 there is no assurance that there will be a bull run. But, I know nothing is impossible so keep on being optimistic and keep on waiting for the another bull run.

[mrdeposit]

I reset the Poll as we have moved as anticipated.    We are now above the 50 day moving average and also the 8 day average.      Its fair to say we are in a positive phase for Bitcoin price action.

Poll result roughly matched that with neutral to bullish sentiment -

Its not my intention to write just a thread of my posts but it did follow pretty fast this time. I'll close if nobody else is doing charts for short term moves.    For a target on this break I would guess initially 4000,4200 and 4500 for reasonable targets but eventually I'd like to see it retest 6000



Theres a much less trafficked section from 4500 to 6000 and I think that lack of price action will be too tempting for the market not to test and fill with a test of previous support

IMHO it will use all power in order to test the line above 4300 and it will come back like falling knife that will paint chart with whipsaws. Where do you see the accumulation points on this chart?

[teilwalL05]

I'm feeling that this year will be just neutral for the community I guess the effect of the bearish market will still be there but the air for the bullish will definitely set that is why the price is surpassing to make a movement, So in my opinion, We can have just a neutral movement for the price and will stay in the $3800 USD at the mid of March,  I really think it is OK for the price to be like this so there will be interested people that want to enter bitcoin can surely invest in a cheap value.

[michellee]

It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.

I will choose neutral because we do not know what will happen in the price of bitcoin. Even it crossed the price of $4000 there is no assurance that there will be a bull run. But, I know nothing is impossible so keep on being optimistic and keep on waiting for the another bull run.

Yes, that is true. Remember when we have already crossed the price of $4000 and even still increase? In the next moment, the price got dump too deep, and I think people are panic because the price is down after getting up. But somehow, my feeling says that the price will increase for a little and maybe it will cross $4000 again because the line looks at the process to go to the higher price.

Arggh, still it's difficult to predict what will happen in the next hours.

[Eugenar]

At some point we can bullish line in the graph but still we are not sure about it. But, I think we can see bullish in the next few years or maybe in the end of this year 2019. Still hoping for better market and bullish market so I can earn again huge income. But, if the price of bitcoin surpass $6000-$8000 there will a another bullish market.

[Shiversnow]

I never think for 2020 will be the big day of a bullish market but I have voted for bullish because I really want the value to be on that movement, But I guess the price of bitcoin will be bullish on 2021 or 2022 just a hunch well there are many things that we need to set aside there is a correction when the price goes skyrocket that happens all the time and there is price manipulation, And mainly bitcoin right now I think many had considered making a space for now because of the sudden dip and we can not blame them that is why the recovery for the value of bitcoin will take that much time that is why in my opinion I picked that year.

It's up to you if you not think that 2020 will be bullish market for cryptocurrencies. But, there is nothing wrong on believing that the year of 2020 will be good for cryptocurrencies. We just need to wait and keep on holding our bitcoin.

[STT]

BTC None of these posts relates to a graph which is why I made the thread. BTC   Doesnt have to be anything big,   I like simple but I also like graphs   



Heres my super simple take, we had a flush out recently.    Overall its still acting bullish and that recent sell seems to have been a failure which inversely makes us more positive
4hr bar


The blue line here is 8 day average which appears to be some cap to the price, 3850 is a good area to watch I think roughly

[fabiorem]

We are below the mean line, at what would be termed the "despair" phase.

You might not be seeing too much despair here in the forum, but thousands of miners have closed doors. Just imagine how many chinese families might have been affected by this.

You can extend the fall line to adjust to the historical line, but in doing so, you will also need to extend the recovery line. Maybe we will stay at this price range for most of the year, which is plenty of time to accumulate.

[greensheep]

seems like we have lost the up trend line for the bullish momentum.
Then again it seems the 100 SMA(blue) is providing support, could be a good place to launch for more high and break that diagonal bear trend line...
For a test of the 200 SMA?

[STT]

Looking at the price now, its sideways for some days and the weekly momentum or 8 day MA has caught up.   Could mean we are seeing some profit taking and a lower price



I'm not sure why 4000 would be that important but maybe its just a resting point which becomes where short term traders cash out some before buying lower again.   The lowest price to expect now would be the 50 day MA at 3766 which was about the Mid March lows .   Always we can break upwards also but breaking the surface of the ice is more difficult from below, I guess more speed or something required ?


I reset the poll also as this might be a new phase

[Toxic2040]

Neither much higher nor much lower. I think we will remain relatively flat over the next few days. I will quantify that statement further by saying "stable for me" is anything under a 5% swing. Some might have a different perspective on that but there you go.  The end of March looks to have a smallish dip presenting itself as some traders move to close out shorts. The fact that bitcoin has remained stable in the face of yesterdays legacy selloff is quite a positive sign imho. #dyor

[YuginKadoya]

I never think for 2020 will be the big day of a bullish market but I have voted for bullish because I really want the value to be on that movement, But I guess the price of bitcoin will be bullish on 2021 or 2022 just a hunch well there are many things that we need to set aside there is a correction when the price goes skyrocket that happens all the time and there is price manipulation, And mainly bitcoin right now I think many had considered making a space for now because of the sudden dip and we can not blame them that is why the recovery for the value of bitcoin will take that much time that is why in my opinion I picked that year.

It's up to you if you not think that 2020 will be bullish market for cryptocurrencies. But, there is nothing wrong on believing that the year of 2020 will be good for cryptocurrencies. We just need to wait and keep on holding our bitcoin.

If we think about it every day we can sure speculate on when will be next impending bull run for this market but I guess it will not work that way, But we are surely free to speculate it is not really wrong and that is why it is just prediction regarding the movement of the market but we got newbies here that are assuming that this year can be a great year for bitcoin or that year, but you are right there is no need for certain assumption because we can always wait and hold for that time to really come.

[exstasie]

Short term, I'm still relatively bullish. We have spent quite a while fueling up the gas tank in this range. One pop above that $4,200 high and we should have ourselves a nice little rally to/through the long term MAs like the 200-day. The 200-day MA is well below $5K now but sometimes bull traps like to spike through it as late bulls come in to buy the top.

Expanding on an idea from last December, I think we're in the early stages of an accumulation range. I should have known it would take longer to play out than I originally thought. I think a retest of the bottom is still likely: