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Author Topic: Bitcoin is very likely going to break $9000 in the next few days.  (Read 975 times)
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May 26, 2019, 01:37:30 PM
 #41

To be very much honest, nothing is predictable.
I mean who knows what will happen to the price.
The only thing we can do is just estimate the price. That's all .
You guys gonna be shocked at the recent movements of the coin.
So thereby doing any sort of predictions will be just waste of time.
Moreover the price will be only depend on the mareketcap. So just wait and watch.

Thinking, guessing, reasoning on previous events and outcomes, try to find some logic or whatever are just fun things to keep us going bruh

So why not talk and speculate over what could happen??

Of-course the smarter ones will have X-amount in cold storage not to touch but besides that, try to live in the world and its actions, e involved etc

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May 26, 2019, 02:13:03 PM
 #42

Here is my reasoning. We are clearly in a tightening pattern with higher lows and lower highs. The last lower high is at $8275 and the 2019 high is at $8366. The monthly resistance is at $8491.

3 Resistances only 200$ a part from each other. If we break the first one, breaking from the pattern, a lot of stop losses for shorts and buys for longs will trigger pushing the price up quickly, we will reach 8366 in minutes, the momentum will be enough to break it and again, stop losses and buy orders will trigger which will, again, push the price even higher reaching 8491 in minutes too, at that point the momentum should be big enough to break it as well and we will face almost no real resistance after that point. This could happen today or in a few days, it's not guaranteed unless we break the first resistance, which might not happen.
We might cross the resistance and touch $9000 in a short period of time but after that i really think it will take some time to cross the $10k barrier, the price will move in a range for some time from $7k to $9k until we find another big push to cross the ten thousand barrier, we have seen in the past that the price usually breaks certain resistance level so easily and since we have only a limited data and the second time we have seen those valuations, nothing can be said for certain, but crossing $10k will be a battle.

 
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May 26, 2019, 05:36:45 PM
 #43

Going on rise bitcoin price.  Now bitcoin price is near 7900$. If it is going on i hope that after some days btc will hit 9000$.  Many traders invest in bitcoin for long term. So all traders should keep patien. 

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May 26, 2019, 08:01:20 PM
 #44

Going on rise bitcoin price.  Now bitcoin price is near 7900$. If it is going on i hope that after some days btc will hit 9000$.  Many traders invest in bitcoin for long term. So all traders should keep patien.  
8500 dollars now, a small pump is happening, how long will it last and where is it going to take us? Smiley
A massive rise in price is happening (+5,32% on last 24 hours and growing), maybe now we are finally heading to 9000 dollars.

 
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May 26, 2019, 08:07:59 PM
 #45

Going on rise bitcoin price.  Now bitcoin price is near 7900$. If it is going on i hope that after some days btc will hit 9000$.  Many traders invest in bitcoin for long term. So all traders should keep patien.  
8500 dollars now, a small pump is happening, how long will it last and where is it going to take us? Smiley
A massive rise in price is happening (+5,32% on last 24 hours and growing), maybe now we are finally heading to 9000 dollars.

Over 9000 dollars. That's pretty much guaranteed at this point. We just had a two-week long bullish consolidation. There's massive pent up demand now that we've broken out again. $9,000 might not even serve as a pit stop. We might just blow right through it.

I even wonder if $10K will offer some resistance. You never know in such a thin, volatile market.

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May 26, 2019, 08:12:15 PM
 #46

Bitcoin at present has reached $8500, and the growth happening with bitcoin over the past few hours were happening big. Along with bitcoin entire market is getting green, and $9000 can be expected to happen tonight upon the growth taking place with time. Possibly the market is quite strong for a bigger price to happen within the end of the month.

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May 26, 2019, 08:14:24 PM
 #47

Going on rise bitcoin price.  Now bitcoin price is near 7900$. If it is going on i hope that after some days btc will hit 9000$.  Many traders invest in bitcoin for long term. So all traders should keep patien.  
8500 dollars now, a small pump is happening, how long will it last and where is it going to take us? Smiley
A massive rise in price is happening (+5,32% on last 24 hours and growing), maybe now we are finally heading to 9000 dollars.

Yep. 8700$ on Binance, it's very likely that we are going to at least touch 9000$ as expected. Breaking those 3 resistances is such a huge hit, although it's also quite possible for a sell off to happen when we approach 9000$.

Still, this is the definitive proof that we are in a bull market now.

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May 26, 2019, 08:18:00 PM
 #48

It has increased from + 7,8% within 24h and + 69% in a month. It's just crazy !!
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May 26, 2019, 08:30:53 PM
 #49



So far, we have seen a good amount of follow through and if we continue like this, we could break or touch $9000 within 24 hours. After this point there isn't going to much resistance aside from psychological levels like 9k, 10k. Even the next monthly resistance is all the way up at 10000+

However there is still a chance for a pull back, it will be confirmed in the next few hours if we see enough continuation to at least 8700+ and we maintain it.

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May 26, 2019, 08:31:18 PM
 #50



Here is my reasoning. We are clearly in a tightening pattern with higher lows and lower highs. The last lower high is at $8275 and the 2019 high is at $8366. The monthly resistance is at $8491.

3 Resistances only 200$ a part from each other. If we break the first one, breaking from the pattern, a lot of stop losses for shorts and buys for longs will trigger pushing the price up quickly, we will reach 8366 in minutes, the momentum will be enough to break it and again, stop losses and buy orders will trigger which will, again, push the price even higher reaching 8491 in minutes too, at that point the momentum should be big enough to break it as well and we will face almost no real resistance after that point. This could happen today or in a few days, it's not guaranteed unless we break the first resistance, which might not happen.

Whatever your logic, you appear to have called it correct. I give my hat to you on this one. BTC is at about $8,600 right now, so $9,000+ will be coming shortly. I thought it would take more time than just a few days to break past the $8,300 resistance, but I now think this was a good call.

It's possible we could stall before reaching $9,000, but I doubt it, since the main barrier was $8,300.
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May 26, 2019, 08:38:46 PM
 #51

How did the creator of this thread know there was an imminent pump up to $9000 when it was only $7000 just a few weeks ago? Shocked
You must have an inside trader or a really good crystal ball to be able to predict it closing in on $9000 very soon as it has hit $8770 just 20 minutes ago. Wink

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May 26, 2019, 08:41:50 PM
 #52

Fine boost at the moment. If it can push on and keep the bears away we will see 9k today already.  Can we say this soon 8k will be a bottom ?
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May 26, 2019, 09:13:36 PM
 #53

How did the creator of this thread know there was an imminent pump up to $9000 when it was only $7000 just a few weeks ago? Shocked
You must have an inside trader or a really good crystal ball to be able to predict it closing in on $9000 very soon as it has hit $8770 just 20 minutes ago. Wink

Hahaha I could still be wrong, we haven't reached $9000 but I was simply following simple Technical Analysis indicators. For instance now we are in a similar pattern but on the 15 minute chart:



It's yet another tightening pattern that will likely break bullish, hopefully haha

The hourly chart is also forming a bull flag currently. This whole move could take longer than I expected, perhaps it extends 1 or 2 days, we will see what TA says in the next few hours.

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May 26, 2019, 09:32:06 PM
 #54

Look like @Whaleagent were right, we've reached $8,600 today. Good job Smiley Probably the next week there is a chance to hit $9,000. What would be great is to not go below $8k anymore. If we don't go below $8k, $10,000 is possible for this summer

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May 26, 2019, 09:52:08 PM
 #55

Look like @Whaleagent were right, we've reached $8,600 today. Good job Smiley Probably the next week there is a chance to hit $9,000. What would be great is to not go below $8k anymore. If we don't go below $8k, $10,000 is possible for this summer

I think $10K is possible next week now that we've broken upwards again. We just trapped two weeks worth of sellers and shorters below $8K; plenty of gas in the tank now!

The momentum on the monthly chart is incredible. It's completely maintaining a parabolic advance. I was hoping for a bit more "slow and steady" action to make a nice bullish structure on the long term charts, but nope, the bulls just keep running.

Just be prepared for the crash, guys. The $3Ks and $4Ks may be gone forever, but I wouldn't rule out a crash to the $6K area after all this crazy exuberance. Anyone who traded the November 2015 crash knows exactly what I mean!

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May 26, 2019, 09:56:22 PM
 #56

Look like @Whaleagent were right, we've reached $8,600 today. Good job Smiley Probably the next week there is a chance to hit $9,000. What would be great is to not go below $8k anymore. If we don't go below $8k, $10,000 is possible for this summer

That is very likely to happen. $10000 is an easy target the way things are happening now. Bitcoin is really surprising us in many ways. This might create more adoption as more people will believe in bitcoin again. But I hope this time around, they should be more knowledgeable and ready and not because they just want to jump the bandwagon.

 
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pushups44
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May 26, 2019, 10:34:14 PM
 #57

Look like @Whaleagent were right, we've reached $8,600 today. Good job Smiley Probably the next week there is a chance to hit $9,000. What would be great is to not go below $8k anymore. If we don't go below $8k, $10,000 is possible for this summer

I think $10K is possible next week now that we've broken upwards again. We just trapped two weeks worth of sellers and shorters below $8K; plenty of gas in the tank now!

The momentum on the monthly chart is incredible. It's completely maintaining a parabolic advance. I was hoping for a bit more "slow and steady" action to make a nice bullish structure on the long term charts, but nope, the bulls just keep running.

Just be prepared for the crash, guys. The $3Ks and $4Ks may be gone forever, but I wouldn't rule out a crash to the $6K area after all this crazy exuberance. Anyone who traded the November 2015 crash knows exactly what I mean!

Yeah, I suspect $3K and $4K are gone forever, but even if this corrects, there is just so much upwards momentum as well as fundamental factors, such as the upcoming halvings of bitcoin and Litecoin, that I think would prevent anything severe. I highly doubt we will retrace back to $6K, but anything is possible. In any case, any major retracement is likely to be followed by another parabolic move.
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May 27, 2019, 03:17:01 AM
 #58

Look like @Whaleagent were right, we've reached $8,600 today. Good job Smiley Probably the next week there is a chance to hit $9,000. What would be great is to not go below $8k anymore. If we don't go below $8k, $10,000 is possible for this summer

Right, that $8600-$8700 mental barrier in front of us has been slice very easily. So I wouldn't be surprised to see it goes as high as high $10k this week or early next week.

The rise could be the hype around bitcoin halving, lots of peope are started to prepare and stack up their wallets because in about a year, we will witness this momentous event and everyone is betting that this is the final catalyst for another massive run till 2021.


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Ozero
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May 27, 2019, 03:53:53 AM
 #59

Look like @Whaleagent were right, we've reached $8,600 today. Good job Smiley Probably the next week there is a chance to hit $9,000. What would be great is to not go below $8k anymore. If we don't go below $8k, $10,000 is possible for this summer

Right, that $8600-$8700 mental barrier in front of us has been slice very easily. So I wouldn't be surprised to see it goes as high as high $10k this week or early next week.

The rise could be the hype around bitcoin halving, lots of peope are started to prepare and stack up their wallets because in about a year, we will witness this momentous event and everyone is betting that this is the final catalyst for another massive run till 2021.
After another small correction yesterday, Bitcoin once again broke the $ 8,000 barrier, and in the morning, according to CoinMarketCap, its price is $ 8,720. The jump is very big. It seems that Bitcoin is already ripe for further price growth. Therefore, today or tomorrow, it can also easily reach prices of $ 9,000. However, what he will do next is again a mystery. He can go on, or trample down for a while. However, in any case, in a few days, it will again increase in its price. So we expect further developments.

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May 27, 2019, 06:20:32 AM
 #60

the current potential is so great seeing bitcoin prices exceeding the price of $ 9,000. well, this is the first time bitcoin prices have exceeded the price of $ 8500 since 2019. when I see this price increase, I am optimistic that the price of bitcoin may exceed the price of $ 9,000 for the rest of the day.

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