Find out the dangerous zone and the best point to buy BTC.

[AakZaki]

This afternoon I tried to predict the movement of the Bitcoin, using the candle and indicators that I could and the prediction will run in real time at tradingview. here I only share screnshot if you want to know my predictions can be seen in the link below in real time.

https://www.tradingview.com/chart/BTCUSD/ynGK1V16-find-out-the-dangerous-zone-and-the-best-point-to-buy/

If you think my prediction is correct? or any suggestions for me

[1714922692]

1714922692

[1714922692]

1714922692

[1714922692]

1714922692

[1714922692]

1714922692

[exstasie]

If this local move is an impulse wave (the blue scenario) then your prediction may be right.

I'm beginning to wonder if we'll form a larger sideways formation like a triangle though. The $7,200-$7,300 area might be a good zone to watch in that case.

The red count, or something like it, is definitely my preferred route. A good few days of sideways here could easily propel this chart to $10K.

[2chase]

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

[Altcoins enthusiast]

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

[davis196]

I assume that the bitcoin price will calm down and there's will be 2-3 months of the price moving in between 7K and 8K USD.After that period,we will see if it has enough support to jump to 9-10K USD.
This is my point of view(it might be wrong) and I don't rely 100% on charts and technical analysis.

[bonker]

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

But no one can say exactly what will happen so we can't simply believe their words for investing our money.

[Fredomago]

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

With how the support react when the market do the sideways and fall back, I also assumed that $7k can be the next support level, from here, if the market showed some flat movements and continue this current value, maybe next month some good things will follow this market and value will be
lift up, more adoptions will bring new positive growth.

[ajqjjj]

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

But no one can say exactly what will happen so we can't simply believe their words for investing our money.

Nowadays no one is simply believing because they are all monitor the market and buying more crypto in bear market. This year market is going to moon so Bitcoin is the perfect choice for crypto investment. The continuous improvement is make some dump and again it will move forward so Bitcoin is the good zone for this year.

[CryptoBry]

I assume that the bitcoin price will calm down and there's will be 2-3 months of the price moving in between 7K and 8K USD.After that period,we will see if it has enough support to jump to 9-10K USD. This is my point of view(it might be wrong) and I don't rely 100% on charts and technical analysis.

This can be what I am wishing actually so that we can see bitcoin stabilizing at this level or its volatility can play within this parameter before going forward with $10,000 as the goal. So if we give this around 3 months, we are almost in September with that which is nearing the start of the last quarter of the year. Hopefully, bitcoin can see $10,000 before the year ends.

[Adriano2010]

I think the best buy in we will not see again and we need to wait more, but i think now is still a good option to buy now and to hold for longer because 7000$ we can't see again soon and if is red zone is better to hold for a bull run.

[KennyR]

We don't get to know when there will be some form of forward growth or downtrend in the market. At this moment I believe every dip can be considered as a point to buy. Quite often there will be continued price fluctuation, but it is hard to find the low bottom. Doing your own self analysis about the market and making the investment helps with better earning through the growth.

[Whaleagent]

Buying all in if it drops to $5800? Why would you do that? If it drops that low right now it would mean a trend change, it would likely be a weekly trend change as well, seems like a random zone. The first zone seems like a better zone to buy all in, placing a stop loss at the low of it.

[figmentofmyass]

Buying all in if it drops to $5800? Why would you do that? If it drops that low right now it would mean a trend change, it would likely be a weekly trend change as well, seems like a random zone. The first zone seems like a better zone to buy all in, placing a stop loss at the low of it.

it's not a random zone. even if we broke through it relatively quickly on the way up, it's a major support/resistance level on the long term charts and lots of volume was exchanged there throughout 2018.

we also consolidated there for a week in early may so it's basically the first obvious short term support area if this breaks down again.

[shinratensei_]

This afternoon I tried to predict the movement of the Bitcoin, using the candle and indicators that I could and the prediction will run in real time at tradingview. here I only share screnshot if you want to know my predictions can be seen in the link below in real time.

https://www.tradingview.com/chart/BTCUSD/ynGK1V16-find-out-the-dangerous-zone-and-the-best-point-to-buy/

If you think my prediction is correct? or any suggestions for me

that's still unpredictable and i guess some people have already created a similar pattern at the first wave of this bullish trend. You should put the possibility of to worst to happen too.
I can't say if that's correct because fundamental must be involved in this case too. I wanna try to say if that's more than 50% accurate.

[AakZaki]

Buying all in if it drops to $5800? Why would you do that? If it drops that low right now it would mean a trend change, it would likely be a weekly trend change as well, seems like a random zone. The first zone seems like a better zone to buy all in, placing a stop loss at the low of it.

5800 $ is the worst possibility if the first zone is broken, because in the first zone I predict using fibonation where fibonation lies 0.61. so in my opinion the zone is the most dangerous zone, if you don't want it to 5800 $.

[uray]

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

The market has shown its strength for the past few weeks, but you cannot be sure about how the market will behave, we might see a big correction before the big rally, there is a plenty of time till the next halving and during those period anything could happen in the market, the recovery process was really fast and i felt like the market recovered too fast for my liking, i was having my plans and calculations but the fast recovery halted some of my plans. 

[jademaxsuy]

Nice graph it simply shows how the btc market price could move. Yeah this may happen as it seems the graphs show realistic approach of how btc market price moves from the past. But, I could disagree on the title of the thread started by OP about the dangerous zone and the best point to buy BTC for we know that if one is a long term holder then buying BTC now would not affect on one to earn. The BTC market price moves upwards over the period of time so it is a guarantee that one can earn in the future though it may have bigger risk compare to when you buy BTC smartly.

[kaya11]

It is now easy to predict bitcoin price because of the condition of the market currently. We are seeing many speculation this days from both posting and articles and everyone is pointing to a bullish trend in someday or months to come.

That is why I don't believe in predictions too much because there are tons of predictions, almost all of the crypto users are predictors with different ideas where bitcoin will land. I buy bitcoin whenever I have spare money, I also bought at last ath but that doesn't mean I regret it because I stop my loses already when it was declining. The predictions that only I believe is my own, and what e ver the outcome at the least case will happen I won't be blaming other people aside from myself.

[el kaka22]

First of all everyone should know that you can create charts that predict any movement at any time at all, give me a tradingview blank chart and I can show you 3 different scenarios of bitcoin going down, bitcoin going up and bitcoin staying the same. So, charts literally mean nothing.

Nonetheless, even with that said I think anything under 6 thousand dollars could be seen as all in price because I doubt it will ever go in that low or even if it does then it will have ton of money in fiat to regroup and rebuy so it can skyrocket even faster, that is why the buy all in zone could totally be agreed. However that could also create a wave of sells that drop the price even more so who knows which one will happen, we can only assume and none of it means anything unless it actually happens.

[1Referee]

First of all everyone should know that you can create charts that predict any movement at any time at all, give me a tradingview blank chart and I can show you 3 different scenarios of bitcoin going down, bitcoin going up and bitcoin staying the same. So, charts literally mean nothing.

If charts meant nothing people wouldn't be able to trade this market. Traders just go with the most likely scenario, and if you follow the trend, you'll end up doing well.

In some cases there isn't much that you can do if the demand is so strong that it ignores resistance levels as if they don't exist, but these cases are exceptions rather than frequent occurrences.

I think people's problem with TA comes from how news outlets and so called experts have turned it into a meme due to how often they end up being wrong. Based on that I don't blame people for thinking TA sucks, but doing your own research and actually learning TA yourself would quickly expose their silly predictions. ~95% of everything you read related to TA is noise. Finding the other ~5% of useful TA is quite a task if you don't know what to look for.