Bitcoin is very likely going to break $9000 in the next few days.

[Whaleagent]

New Analysis (Updated)

As I said in this post here: https://whaleagent.club/bitcoin-forming-another-tightening-pattern/ Bitcoin was looking to form another tightening pattern like the one in the OP.



The lower high is now confirmed and we need a higher low which also seems to be forming to fully confirm the pattern. At this point this pattern is quite small and could break really soon, even tomorrow although I give it a few more days but could happen at any moment. The level to break is $8814 right now

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[LeGaulois]

@samycoin

Nothing can stop to bitcoin to go up unless another fud will spread.

Nothing can stop Bitcoin to go down

@Yutikas_11920
The guy posted the comment a few days before you and when he did it was relevant, the day you posted it was not anymore.

@Whalesagent
What we've been seeing in the last few days, (ie. a $500 spike and the next day 300$ decrease). It's something that will last several more days, maybe even the whole month of June. Don't you think?

[El duderino_]

Bitcoin is currently in a good trend, so prices will continue to rise steadily, if traders don't sell their bitcoin and there is no bad news coming for BItcoin, I am optimistic that the price of Bitcoin is very good at the moment.

I think the condition of bitcoin is currently not good, if you say the condition of bitcoin is good then the current price of bitcoin should not fall like this, look at the chart and the current price of bitcoin shows that the bitcoin condition is not good.

Condition of BTC is very good, every UP needs its DOWN...

But all BTC accomplished t’ill the day where we areis stunning and the journey is only starting, get ready for what Will happen as we Will see amazing UPs as DOWNs.

But I do love where the longterm picture is heading at.... All inbetween is a fools game, buy hodle repeat and let BTC just ride its own narrative.

Btw when back 9K?

[stadus]

Bitcoin is currently in a good trend, so prices will continue to rise steadily, if traders don't sell their bitcoin and there is no bad news coming for BItcoin, I am optimistic that the price of Bitcoin is very good at the moment.

I think the condition of bitcoin is currently not good, if you say the condition of bitcoin is good then the current price of bitcoin should not fall like this, look at the chart and the current price of bitcoin shows that the bitcoin condition is not good.

Condition of BTC is very good, every UP needs its DOWN...

But all BTC accomplished t’ill the day where we areis stunning and the journey is only starting, get ready for what Will happen as we Will see amazing UPs as DOWNs.

But I do love where the longterm picture is heading at.... All inbetween is a fools game, buy hodle repeat and let BTC just ride its own narrative.

Btw when back 9K?

That's very inspiring, as a HODLER, I always wants to hear some positive words from people in the forum, thank @micgoossens, I'm also loving the future of crypto with its action now.

[Cherylstar86]

Bitcoin will be going continuously to move up I believe it. Nothing can stop to bitcoin to go up unless another fud will spread. But I think no can break the continuous move up of this coin so sit and relax and watch the market chart.

  We are witnessing the current market a configuration growth will consistently exceed in the mere future. Thus, the market has carrying high volatilization that fluctuates the price of bitcoin. I actually believe its consistency growth will exceed and break beyond $9k, it may not happen this month but hopefully by next month.

[onrise]

Bitcoin will be going continuously to move up I believe it. Nothing can stop to bitcoin to go up unless another fud will spread. But I think no can break the continuous move up of this coin so sit and relax and watch the market chart.

More the price merrier it is for those who truly believe in this coin and the fundamentals and holding their coins form long time or had being buying on every dip so that they can get the share of pie when the markets rises eventually and thus it could lead to a good returns for the 2019 and in the years to come.

[OrangeII]

it seems we have to be a little more patient again. for now the price has declined again, and is starting to recover. for now, we need to wait for the bitcoin price to return to the price of $ 8000 before thinking about the price of $ 9000. for now the market conditions are really unstable.

[South Park]

it seems we have to be a little more patient again. for now the price has declined again, and is starting to recover. for now, we need to wait for the bitcoin price to return to the price of $ 8000 before thinking about the price of $ 9000. for now the market conditions are really unstable.

What we are seeing now is a fierce battle between the bulls and the bears, each side is trying to take control of the market and for what I can see they are even, this could last a few days or weeks but once that balance is broken we could see the price finally take a clear direction once again, in my opinion the most likely outcome is that some bulls will decide that they have enough profits already and cash out, if that happens, this could weaken the buying pressure allowing the bears to make the price to go down again.

[creeps]

it seems we have to be a little more patient again. for now the price has declined again, and is starting to recover. for now, we need to wait for the bitcoin price to return to the price of $ 8000 before thinking about the price of $ 9000. for now the market conditions are really unstable.

For now we have to buy more as the price are still down and wait patiently for the next few weeks because the uptrend is going to happen again. Bitcoin will hit that $9k level after this short downtrend, there’s still a good time to rise up. My prediction for bitcoin this year is above $10k, i will wait for this with more patience.

[Capt00]

it seems we have to be a little more patient again. for now the price has declined again, and is starting to recover. for now, we need to wait for the bitcoin price to return to the price of $ 8000 before thinking about the price of $ 9000. for now the market conditions are really unstable.

For now we have to buy more as the price are still down and wait patiently for the next few weeks because the uptrend is going to happen again. Bitcoin will hit that $9k level after this short downtrend, there’s still a good time to rise up. My prediction for bitcoin this year is above $10k, i will wait for this with more patience.

It gonna be right but only make sure that we are investing into the right coins and see to it that anything will happen in the coming days won't put you into debt. Only invest that we ca afford to loss and only that we have in our pocket just asking into someone for a lend. We know the risk in here and we dont want someone to put at big troubles. Thus, before investing we should think it wisely and make sure that we prepared for the possibility of losing, it is not in nega but we must have to think it also.

[maxreish]

it seems we have to be a little more patient again. for now the price has declined again, and is starting to recover. for now, we need to wait for the bitcoin price to return to the price of $ 8000 before thinking about the price of $ 9000. for now the market conditions are really unstable.

For the current update. From the bear price ag $7,700. It recovered to $8,000 now. Meaning the market is still in a recovery phase before reaching $9,000. It is not easy to reach that as I've seen this scenario before. The more fuds are circulating that btc will gonna reach certain amount, the opposite thing happens. But anyway, the dump is still be an advantage for us. I bought some part of btc when the price decreased. Hope, it will now continue to pump.

[justdimin]

I think the reason why we are having trouble breaking the 9 thousand dollar resistance is that the price also went up a lot and now requires a lot more to break it.

Even if the orders are less the amount is higher so it costs more. So, assume there are 100 orders selling at 4200 all for 1 bitcoin, that is 42 thousand dollars, well think now there are 700 orders which is less than 1000 orders but this time they are selling at 9 thousand dollars all for 1 bitcoin, that would be 63 thousand dollars, so you see even if there are less people and less orders it could still be a lot more amount which is why I think we are having trouble now.

We need to not only keep buying bitcoin but we need to make sure sellers withdraw their orders as well, if there are less people selling at that point it will be easier to break it.

[Whaleagent]

I think the reason why we are having trouble breaking the 9 thousand dollar resistance is that the price also went up a lot and now requires a lot more to break it.

Even if the orders are less the amount is higher so it costs more. So, assume there are 100 orders selling at 4200 all for 1 bitcoin, that is 42 thousand dollars, well think now there are 700 orders which is less than 1000 orders but this time they are selling at 9 thousand dollars all for 1 bitcoin, that would be 63 thousand dollars, so you see even if there are less people and less orders it could still be a lot more amount which is why I think we are having trouble now.

We need to not only keep buying bitcoin but we need to make sure sellers withdraw their orders as well, if there are less people selling at that point it will be easier to break it.

Not necessarily, it seems that the recent crash was more manipulation, a redditor found out someone moved a really huge amount of bitcoins (25k) right before the pullback, that's a huge amount and definitely enough to crash the market if wanted, his analysis went further and he noticed that huge amounts of USDT were being withdrown afterwards. Anyhow, bulls are still there, the uptrend is still strong, weekly chart shows a possible bull flag.

[Suslura]

One way or another, big whales have a strong influence on the external state of the cryptocurrency market.  Everyone notices that the withdrawal of funds from the cryptocurrency market is still ongoing, but it is not comparable to the funds invested in the cryptocurrency.  In order to influence the current situation, you need to limit withdrawal of funds to Fiat by any means, and try to attract more investment in Bitcoin.  Why Bitcoin?  Because it is Bitcoin that today fully influences the pricing of all cryptocurrencies, despite the prospects and interest of these projects in society.

[blockchainwriters]

present  market situation is bitcoin already broke 9000 dollars and in next few days we may expect bitcoin to broke 10000 dollars market is bullish and positive to reach previous all time high prices

[Cherylstar86]

present  market situation is bitcoin already broke 9000 dollars and in next few days we may expect bitcoin to broke 10000 dollars market is bullish and positive to reach previous all time high prices

   The current market has already break the desiring peak at $9k that has been speculated with people around in crypto world. Hopefully bitcoin's value will continue to outcast bountifully and consistently adequate.

[Whaleagent]

Bitcoin looks really healthy now and the daily consolidation is in place, so far it is quite mild and bulls are EXTREMELY comfortable. Tomorrow we are very likely going to see some bullish action perhaps even breaking the 2019 high, the RSI is not entirely cooled off but it doesn't really matter in such a strong uptrend. Monthly chart showing a nice bullish candlestick and a bull flag at this point.

[romero121]

Bitcoin looks really healthy now and the daily consolidation is in place, so far it is quite mild and bulls are EXTREMELY comfortable. Tomorrow we are very likely going to see some bullish action perhaps even breaking the 2019 high, the RSI is not entirely cooled off but it doesn't really matter in such a strong uptrend. Monthly chart showing a nice bullish candlestick and a bull flag at this point.

That's a clear description about the market move based on the technical analysis. The new ath is to be reached, then we can expect the price of bitcoin go higher to $9300, and possibly it could cross the $9500. As the monthly chart shows the bullish candlestick more users will be investing target the profit in the short term. The increased investment too is a reason for the market trend to get stronger whenever its move is bullish.

[Jating]

Bitcoin looks really healthy now and the daily consolidation is in place, so far it is quite mild and bulls are EXTREMELY comfortable. Tomorrow we are very likely going to see some bullish action perhaps even breaking the 2019 high, the RSI is not entirely cooled off but it doesn't really matter in such a strong uptrend. Monthly chart showing a nice bullish candlestick and a bull flag at this point.

Nice to hear that bitcoin is still going strong as of the moment and still on the bullish zone.

Well we have broken $9k already and it seems the price is sustainable as this point. As you have said TA really points to a good bullish trend and most likely break the $10k is the uptrend and the sentiments of the investors is to pour their money and ride along.

[D3m1r4wanti]

bitcoin looks really good now, the OP prediction doesn't last long. soon bitcoin will reach 10k in the near future.
bakan may not require the end of the year to reach a price of 20k.
let's continue to support bitcoin to continue to increase.