FinanciallyFreeFox (OP)
Jr. Member
 Offline
Activity: 42
Merit: 8
|
 |
August 15, 2019, 12:59:09 PM |
|
The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months. There seems to be very strong support levels at the $9300 range, which we are not too far from. I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity. Video here: https://youtu.be/1oQLG62wbyUThis is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands. What are other people thinking? It would be great to get other Bitcoin trader's opinions on this. Whether you agree, or especially if you disagree I'd love to hear your opinion. This way we can learn and consider a different perspective. |
|
|
|
|
|
|
|
|
|
|
|
|
|
If you want to be a moderator, report many posts with accuracy. You will be noticed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
Oilacris
|
|
August 15, 2019, 01:13:20 PM |
|
This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.
What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.
Whether you agree, or especially if you disagree I'd love to hear your opinion.
This way we can learn and consider a different perspective.
For long term aspect then price wouldn't vary too much but somehow that price dip in 9300 is the best spot to accumulate cheaper coins and since I'm doing shorts then I luckily buyback on 9400 and sold out 10100.The price now is going back to sub 10k which 9700 will be a good spot to buy in. |
|
|
|
Ryker1
Sr. Member
Offline
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
|
|
August 15, 2019, 02:39:41 PM |
|
Video here: https://youtu.be/1oQLG62wbyUThis is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands. Well, that is a knowledgeable video presentation. That is true that time to time and over to the next several year's bitcoin will make expensive through the fact that the demand and supply will change and for sure the supply of bitcoin will lessen and the demand will moreover to adopt. Indeed yes, if you are short term trader this is the right time to buy since bitcoin having a short correction from $13k range drop to $9k plus and now showing up to $10k price in the market. And also there is new possible ATH coming on bitcoin price that will make the price surge into the market. |
▄▄████████▄▄
▄▄████████████████▄▄
▄██████████████████████▄
▄█████████████████████████▄
▄███████████████████████████▄
| ███████████████████▄████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄████████████▄
██▄███████████████
░▄██████████████▀
▄█████████████▀
█████████████
███████████▀
███████▀▀ | | | Mars,
here we come! | ▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄█████████████████████▄
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀███████████████████▀
▀███████████████▀
▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▀░▐███▀▄█▄█▀▀█▄█▄▀
██████████████▄██████▌
█████▐██▄██████▄████▐
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀█████▄▄ | .
"I could either watch it
happen or be a part of it"
▬▬▬▬▬ |
|
|
|
FinanciallyFreeFox (OP)
Jr. Member
Offline
Activity: 42
Merit: 8
|
|
August 15, 2019, 02:46:31 PM |
|
And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.
Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021. |
|
|
|
|
Artemis3
Legendary
Offline
Activity: 2030
Merit: 1563
CLEAN non GPL infringing code made in Rust lang
|
|
August 15, 2019, 03:20:48 PM |
|
And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.
Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021. 2020 is the halving but why one year after? You mean the time it takes for the bulls to wear off? I think that peak is coming at or near the halving, perhaps a bit afterwards but not a whole year later. |
█████████████████████████
██████████████████████████
██████████████████████████
███████████████████████████ | BRAIINS OS+| | AUTOTUNING
MINING FIRMWARE| | Increase hashrate on your Bitcoin ASICs,
improve efficiency as much as 25%, and
get 0% pool fees on Braiins Pool | |
|
|
|
rdluffy
Legendary
Offline
Activity: 2226
Merit: 1304
|
|
August 15, 2019, 03:39:13 PM |
|
I think that if you wait just a few days you'll buy BTC with 9.5k USD range, it's interesting
I'm happy because we are having this support of 10k at the moment, I already bought my BTC and have nothing in fiat, my only option is to hold right now
I'm just little worried about this news about a crisis in a near future
|
| | .
.Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄███████████████████████▄
███████████████████████████
█████████████████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
█████████████████████████████
███████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████ | | | | ██
██
██
██
██
██
██
██
██
██
██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██
███▄██▀▄█▄▀███▄██████▄█
█▀███▀██▀████▀████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC | | | | ██
██
██
██
██
██
██
██
██
██
██ | | | | 10% CASHBACK
100% MULTICHARGER | │ | | │ |
|
|
|
|
Oceat
|
|
August 15, 2019, 04:50:43 PM
Last edit: August 15, 2019, 06:35:45 PM by Oceat |
|
If you look at the chart the lowest price was $9,500 this month, so far the price was constantly declining for a couple of days. From $12,000 to $11,000 and now it has dropped again from $11,000 to $10,000 until $9,500.
I don't know why it is so sudden that the price dropped like this without breaking news, it must be a correction if I'm not wrong.
|
3996
|
|
|
seoincorporation
Legendary
Offline
Activity: 3150
Merit: 2931
Top Crypto Casino
|
|
August 15, 2019, 06:26:34 PM |
|
I think today is a great day to buy bitcoin, if you take a look to the price you will find it at $10,000, So, it could easily jump to $11k and give you an instant profit of %10 in a short time. So i would recommend you to buy btc today. It would be a wise move.
Even you can chase $12k for a 20% profit, i don't think it would take more than 2 weeks.
|
|
|
|
|
sunsilk
|
|
August 15, 2019, 06:56:00 PM |
|
Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.
They get medias and express on how bad the market is and tells their opinion to discourage most of the people to buy. But in reality, it's been found that they are silently accumulating over these periods.
|
|
|
|
jhongzjhong
Full Member
Offline
Activity: 798
Merit: 109
https://bmy.guide
|
|
August 15, 2019, 07:09:51 PM |
|
Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.
When they saw a red number on the market instead of holding they are panicking, just like what happened in these few days when the price of bitcoin went down. Strong hands in this year will take profit when halving comes and perhaps that is near to happen. And that is right, now is the best and perfect time for us to reinvest in bitcoin as long as we can afford it and can hold for a long term or even a year. Bitcoin price now starting to recover the price and I guess we're good at a buying point. |
|
|
|
|
sunsilk
|
|
August 15, 2019, 08:03:07 PM |
|
Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.
When they saw a red number on the market instead of holding they are panicking, just like what happened in these few days when the price of bitcoin went down. Strong hands in this year will take profit when halving comes and perhaps that is near to happen. And that is right, now is the best and perfect time for us to reinvest in bitcoin as long as we can afford it and can hold for a long term or even a year. Bitcoin price now starting to recover the price and I guess we're good at a buying point. Yeah, that's the normal reaction of most of the people who have invested lately. Their reaction was also our reaction before when we see the market isn't doing well. At least we're done with that part and have learned to become calm in every situation. Everyone is looking forward for the positive effect of halving. I can't blame those folks that have surrendered and thought that this market can no longer do better. They also can't realize that just several months ago, we came from $3k.  |
|
|
|
Kemarit
Legendary
Offline
Activity: 3080
Merit: 1353
|
|
August 15, 2019, 10:26:08 PM |
|
The price is way above $10,000 now. So if the you didn't take the opportunity when the price seems to be tanking at $9300-$9600 then it's a opportunity lost. That's why this market is really unpredictable and if you are too slow to react and take advantage of every dip to accumulate more Bitcoin then you have to strategized or at least learn from this mistakes. We are still in the period of accumulation and the price could really move next year. So again, take advantage of every buy signal and just rack up as many as you can.
|
|
|
|
Ayiranorea
Sr. Member
Offline
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
|
|
August 15, 2019, 10:32:54 PM |
|
For short term profiting buying Bitcoin is truly the right choice, but now the buying at a lower price point has been missed. The price fell low to $10000 and now it has bounced back crossing $10400. You could wait, there will be continuous price fluctuation as the market hasn't gained good support level to stay high.
|
|
|
|
|
|
█▀▀▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄▄▄ | | .
Stake.com | | ▀▀▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄▄▄█ | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄▄▄ | | .
PLAY NOW | | ▀▀▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄▄▄█ |
|
|
|
|
rodel caling
|
|
August 15, 2019, 11:10:40 PM
Last edit: August 15, 2019, 11:28:34 PM by rodel caling |
|
Bitcoin gained value from $ 4000 to $ 13500 very quickly. Then we saw serious setbacks a few times. But I think it's time to go up again. I don't need to think about long-term investment. In the long run, Bitcoin is always profitable.
[/quote]
Actually your right bitcoin is always profitable. But depends on the hodler's patience specially during the bear market and price is in the lower value as you said 4000$ and now gain quickly at 13500$ So nithing doubt bitcoin is profitable yes this is also aperfect time to buy and invest huge bitcoin before too late because I think the ATH is coming before end of this year.
|
|
|
|
|
Saltius
Member
Offline
Activity: 166
Merit: 16
|
|
August 16, 2019, 02:44:51 AM |
|
I always say no to this question.
Because I know that a person with strong hands would not ask others such question.
For short, whoever asks this question is not prepared.
|
|
|
|
|
|
jaocoincrypto18
|
|
August 16, 2019, 04:19:06 AM |
|
Yes indeed it is good time to buy now that instead of worrying that Bitcoin price is suddenly falling then why not consider it as an oppurtunity to buy cheapest Bitcoin? We should not missed this chance as Bitcoin price will just rise up suddenly too making you to regret it.
|
|
|
|
|
Paulinerims
Jr. Member
Offline
Activity: 193
Merit: 7
|
|
August 16, 2019, 05:09:56 AM |
|
As it is projected that btc reaches last year hights again till the end of the year I cant see how it would be a bad investment. Anything around 9k-10k si smart money. If you are a short seller i suggest that you wait for that 9300 support as you said yourself.
|
|
|
|
|
|
maydna
|
|
August 16, 2019, 05:52:29 AM |
|
When bitcoin price can touch $9k price level, then that means the perfect time to buy bitcoin, and I guess that we already have seen that before the price can back to $10k again. But although the price now has touched and back up to $10k, it still a good time to buy bitcoin because we never know if the bitcoin price will increase and hit more than $15k later. Perhaps, we could buy bitcoin in every time the price is down and we the red candle reach the lower price so we could get bitcoin at a low price.
|
|
|
|
|
kennen1113
Jr. Member
Offline
Activity: 224
Merit: 3
|
|
August 16, 2019, 08:59:54 AM |
|
Yes indeed it is good time to buy now that instead of worrying that Bitcoin price is suddenly falling then why not consider it as an oppurtunity to buy cheapest Bitcoin? We should not missed this chance as Bitcoin price will just rise up suddenly too making you to regret it.
But if the price of bitcoin didn't rise suddenly and it moved against what you said, going down suddenly, how would you handle it? You will suffer the loss of others or those who believe in you, they will take their own responsibility and suffer the loss on their side, the answer is probably that they should be responsible for themselves. They should even understand that this is a place where everyone is a competitor, so, to make money somewhere, we should try to mobilize ourselves to look for information, to identify everything, no one is more reliable than ourselves, the perfect time to buy bitcoin is up to each audience |
Silica NeXus
▄▄▄▄▄ Crowdfund the Nexus ▄▄▄▄▄ |
|
|
Miklight88
Copper Member
Jr. Member
Offline
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
|
|
August 16, 2019, 09:36:12 AM |
|
With leg down on a daily chart I think we still have $8800-$7500 area if the chart follows the normal correction because the big boys in the market can do and undo to prevent this is a short while, but I think we are going that direction and long term holding is every time good to buy btc .
|
|
|
|
|
|
