Slow death
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July 24, 2019, 10:12:18 PM |
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The price is falling slowly which leads me to think that we will see the price of $7000 again soon or in the worst case scenario we may see the price of $6000. Knowing that people buy a lot because they hear some good news and in the present scenario there is nothing good news, so I expect to see the price drop to $7000 or $6000 I am sure that it will again $10,000 in the next 48 hours unless the panic button on for those non stable investors. I wouldn't be so sure about that, being very optimistic right now can lead to the mistake
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STT
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July 24, 2019, 10:21:57 PM |
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Seems price is trying but so far constrained by some quite simple boundaries. None of these 4hr bars has established the price outside of its current box. Its way off the 8 day price, its not acting positively even when trying to step off the bottom prices. Best we can say is its stabilising in this area and perhaps will later make a better attempt to rise. So far I think its weak and unable to get a footgrip to climb back up. I would still bet downwards but really I need to be looking more at the longer term picture.
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Jating
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July 24, 2019, 11:04:08 PM |
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I think bitcoin will move back to $10,300 today.
Today is almost over. At least on Europe or GMT. And Bitcoin price doesn't seem to meet your expectations (and my wish). However, OP, interesting list of reasons for this price target. (/sarcasm) It officially ended here as well, but sadly no bounce back to five digits, but I'm not surprised though, many have shared their analysis and it's pretty obvious that support is weak, probably $9800 will be touch but that's just about it. To the OP, don't be dis hearten if your prediction is a missed. We can bounce back that's for sure but not today or at least the graph doesn't point to a positive upward trend.
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figmentofmyass
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July 24, 2019, 11:22:07 PM |
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The price is falling slowly which leads me to think that we will see the price of $7000 again soon or in the worst case scenario we may see the price of $6000. Knowing that people buy a lot because they hear some good news and in the present scenario there is nothing good news, so I expect to see the price drop to $7000 or $6000 one step at a time! we spent a whole month (during may and june) trading between $7500-$9000. there should be lots of buyers in that zone who are waiting to buy back or close shorts. longer term, maybe $6k or $7k is possible (unlikely IMO) but first we need see how bulls react to the $7500-$9000 area. chances are, we'll find a medium term bottom there because it was the last consolidation area before the $13.8k top. if we hit the $8000s i'm gonna start catching knives.
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Dreamchaser21
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July 24, 2019, 11:35:11 PM |
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It can go back to that level but not today, maybe before the end of July. What certain right now is to keep buying the cheap price of bitcoin, i still see it can rise again. Before the end of the year $15K will be the price, halving is getting near remember that.
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sheenaedago
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July 25, 2019, 02:36:47 AM |
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It can go back to that level but not today, maybe before the end of July. What certain right now is to keep buying the cheap price of bitcoin, i still see it can rise again. Before the end of the year $15K will be the price, halving is getting near remember that. This a good indications for possible bounce back to occur at any moment of today. Despite of many factors that hinders growth, bitcoin still capable of great price that could be achieved further.
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omonuyak
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July 25, 2019, 07:58:15 AM |
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According to forum time, you make this post yesterday, bitcoin find it very difficult to go above $9800 it was around 5 am this morning that bitcoin was able to cross $10,000 and it is still halving around $10,100. Maybe during New York trading section today we would see bitcoin above $10300 as two of cryptocurrency experts has been nominated into cryptocurrency regulatory task force and many experts are seeing this as good news.
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slaman29
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July 25, 2019, 09:33:55 AM |
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Bitcoin is right now back at 10k but it seems it's very difficult to hold on to it. All the buyers are buying now because it's such a great price, but I'm not sure where the sellers got their entry from because they're keeping very good pace too. Strange to see this kind of momentum now or lack of it but I guess this is the timing needed for a long bull run later.
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Baofeng
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July 25, 2019, 11:44:01 PM |
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Bitcoin is right now back at 10k but it seems it's very difficult to hold on to it. All the buyers are buying now because it's such a great price, but I'm not sure where the sellers got their entry from because they're keeping very good pace too. Strange to see this kind of momentum now or lack of it but I guess this is the timing needed for a long bull run later.
Is touches briefly $10.3 if I'm not mistaken and then when I take a nap and then went back the price is below $10k again. Anyways, it will be a long and crazy ride, this kind of volatility tells us that their are sellers right now that is not confidence of the price movement. But it doesn't makes any sense if they able to enter @$8k-@9k. So let's see how it pans out, but I'm not that confident that we can even sustain $10k at this point.
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STT
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July 25, 2019, 11:58:18 PM |
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10000 as nominal support is not enough. I never have confidence in round numbers to mean much past the initial first contact and market will always double check strength to test before moving far. It takes support which is an echo of previous price action to make a difference. 10k has some volume just because its a well known point but it never seems enough by itself. I think this is a slippery point we hang from rather then stand firm on.
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Dr.Osh
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July 26, 2019, 08:40:16 AM |
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this prediction almost happened, except that the increase did not reach $ 10300, and before reaching it, the decline returned. well, maybe today the price will recover and the price can reach that. I think, the recovery of the price of bitcoin has not been completed, and of course the price can be higher than that this year.
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goaldigger
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July 26, 2019, 08:43:20 AM |
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It can go back to that level but not today, maybe before the end of July. What certain right now is to keep buying the cheap price of bitcoin, i still see it can rise again. Before the end of the year $15K will be the price, halving is getting near remember that. We still got 5 months before the year ends and a bull run can happen with just two months or so. We can expect another little bull run like last month inside those five remaining months of 2019 before it already zoomed on the year end. Price are getting lowet and i suspect its like an arrow who are just pulling back to go further.
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Siren
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July 26, 2019, 09:28:34 AM |
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You a bit short mate,because the price drops below that point and fall to $9,600 And until now it’s very tight that it cannot grow back to even 10,500$ so I guess we will stay in this low market value for a while before the great bull returns and brings us to the dream we all waited for to cross the $20,000 and make. New record
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iMark
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July 26, 2019, 12:50:27 PM |
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Bitcoin is right now back at 10k but it seems it's very difficult to hold on to it. All the buyers are buying now because it's such a great price, but I'm not sure where the sellers got their entry from because they're keeping very good pace too. Strange to see this kind of momentum now or lack of it but I guess this is the timing needed for a long bull run later.
it's too late if you say to hold, when the price down from $12k you should have started selling it. the price will definitely come back below $10k but it won't fall too much, maybe it will only be around $9k, of course this is preparation for pumping back, I'm sure there will be many investors who will take advantage of this moment to dump and buy, and be prepared to next pump
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Oceat
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July 26, 2019, 01:28:51 PM |
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It can go back to that level but not today, maybe before the end of July. What certain right now is to keep buying the cheap price of bitcoin, i still see it can rise again. Before the end of the year $15K will be the price, halving is getting near remember that. We still got 5 months before the year ends and a bull run can happen with just two months or so. We can expect another little bull run like last month inside those five remaining months of 2019 before it already zoomed on the year end. Price are getting lowet and i suspect its like an arrow who are just pulling back to go further. What's the rush when we still have 5 more months to expect of Bitcoin rising maybe it will hit $20K this year then the new ATH will happen next year. A price like this could be the best to invest for the upcoming bull run maybe this year or next year, who knows? Halving of Bitcoin is just way too far away to be worried about just focus on what you gotta do today with this kind of price.
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3996
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1982dre
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July 26, 2019, 01:32:44 PM |
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this prediction almost happened, except that the increase did not reach $ 10300, and before reaching it, the decline returned. well, maybe today the price will recover and the price can reach that. I think, the recovery of the price of bitcoin has not been completed, and of course the price can be higher than that this year.
It didn't reach the 10.3k this time but it will do in the near future. Maybe next week already.
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FanEagle
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July 26, 2019, 04:57:08 PM |
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It did hit back yesterday on $10,300 like it was assumed. I mean this was just too simple of a guess to not come true, I could easily say it will go under 10k soon and I will be right too. What is the point of making these quite observable easy guesses when its not gonna matter in the end?
Like I said it will also go down under 10k as well and I can guarantee you %100 that I will be right, there is no scenario where the price of bitcoin will never go under 10k ever again and just go up from here and never return back. But, I am not doing anything about it right now, what could I gain from selling here and buying back 100 dollars later, even if I had 1 bitcoin that would be 100 dollar advantage and most of us do not have that much, I certainly don't so its gonna be less than 100 dollar advantage. Makes no sense to me.
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harizen
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July 26, 2019, 05:12:57 PM |
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Looks like OP is looking for an opportunity to make an entry.
Below $10,000 price level can be considered. However, if people want to wait for more dip to maximize the opportunity of buying cheap, they can consider the next support which is around $9,000.
Although no one knows when will the price pullback at that level again, better not to take chances but instead focus on accumulation no matter the entry price is*. We might not see again a below $10,000 again as far as the current progress in bitcoin is a concern.
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ancafe
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July 27, 2019, 05:39:04 AM |
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there is no doubt that the price of bitcoin is so close to that price. for today, I think the price of bitcoin really can reach that price. that's only less than $ 300. well, for now, the increase takes time, but at the end of the year, I think the price of bitcoin can be higher than this prediction.
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michellee
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July 27, 2019, 11:35:33 AM |
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there is no doubt that the price of bitcoin is so close to that price. for today, I think the price of bitcoin really can reach that price. that's only less than $ 300. well, for now, the increase takes time, but at the end of the year, I think the price of bitcoin can be higher than this prediction.
I am sure that the price of bitcoin will increase and even it will reach more than $10,300. But we don't know when the price can reach those price because of bitcoin price still up and down right now. It seems the price of bitcoin wants to get down for a while, so in the next week, the bitcoin price can start to go to the higher price. And if in this day and tomorrow, bitcoin price can down then we can buy more bitcoin and hold it for a while.
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