We are about to hit 8K and below...soon (see charts)

[Reid]

By the way that chart doesn't mean that it have to create straight 45 degree angle.
Maybe I want to be positive because otherwise it will be really, really bad, another fall and even below 8K? After so many months we still fight to reach higher than 10k, hit 13k sometimes and then fall on 9k, I think it's time to let this scenario end because otherwise positive feelings will go down too.
Idk, maybe we will see 8k but it sucks.

I agree.
And he didn't even tell when it will happen.
It could be in the next 5 years. So no need to worry at all.
Plus this is just a prediction, anything could happen in the crypto world. Besides, if it does happen sooner then it will give a great opportunity to some buyers to come in at a cheaper price.
I might buy at that price seeking some profits afterwards. 

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[bitgolden]

LOL it's Friday and the price is going up, as expected from the majority of users. If the trend continues we'll hit 11k in a few hours  

How can some people expect a bearish season with these sort of price movements? *sigh*

Because each time we see that is becoming harder and harder for the price to bounce back, the price is producing new lower highs, the volume is going down and the volatility is going down as well, so when you take all of this into account I do not see how the current price can be sustained, as such it is completely reasonable to expect a decrease in the price of bitcoin during the next months, but do not worry it is not going to be a crash or anything like that, however there are good reasons to be bullish about the prospects of bitcoin during 2020.

All the time that we have seen bitcoin increase, the volume has never really been an indicator for us, we see huge increase, and we see that volume is still like almost the same and only climbed by little, so in bitcoin increase, anything could really happen at any time, but with all the development that is n ground, and the bakkt that is expected to be released this month.

I am not sure that we will see anything that will drag us low to $8000 again; we might still be seeing some corrections that will drop up a little bit down to the range of $9000 but will never cross the path of $8000 again. Very soon, most of the projects that has been developed will start playing its part in the increase of bitcoin when they are being released gradually into the market.

[btc78]

By the way that chart doesn't mean that it have to create straight 45 degree angle.
Maybe I want to be positive because otherwise it will be really, really bad, another fall and even below 8K? After so many months we still fight to reach higher than 10k, hit 13k sometimes and then fall on 9k, I think it's time to let this scenario end because otherwise positive feelings will go down too.
Idk, maybe we will see 8k but it sucks.

I agree.
And he didn't even tell when it will happen.
It could be in the next 5 years. So no need to worry at all.
Plus this is just a prediction, anything could happen in the crypto world. Besides, if it does happen sooner then it will give a great opportunity to some buyers to come in at a cheaper price.
I might buy at that price seeking some profits afterwards. 

Obviously this is more safer thread than what he had in the last month when he predicted that we will be dropping by September fifth yet he fails .so now he created a new one and with much safer thread

PRO-TIP: all bitcoin TA and speculation is just guessing. Nothing more to it than that. 

It is literally impossible to account for enough of the economic activity in crypto to generate any meaningful numbers. There is still nothing wrong with it. Guessing is fun.

And that’s the reality mate speculations are guessing and nothing can be truthful until it happen(in which very rare to happen and only once in a million who predicted rightfully)

[romero121]

Based on the twenty and fifty days moving average there is more chances for good growth, and bitcoin at present seems to get traded around $10400. The two hundred day moving average seems to form a down triangle, where the market RSI is predicted to break the down triangle and grow. This might reach upto $15000. If this happens surely there is more chances for the price of bitcoin reach its new ath.

[crashoveride54902]

We are in a descending triangle. We are safe as long as we don't break bellow $9300 and I think the support there is strong enough. So I think it's more likely that Bitcoin will break the triangle upwards. Anyway, all will be decided soon - before October 10th.

[STT]

All the behavior I observe is where I expect it to be selling off.    It can act differently but so far I just think it should confirm that downside, meet support if any and then make an attempt to rise possibly.  I dont think right now its going to turn positive until sellers are satisifed and perhaps some shorts close out/buyers come speculating on a rise again.



This is just the daily chart for a few days, simple take would be to at least expect 10,000 and check reaction when we get there.   10.5k is roughly 50 day, on other time frames also I think some pullback is reasonable.   For bigger moves down we have to zoom out and take a longer look.

[Mahanton]

NostraAnus the $8k prophet of BTCears 

Thanks for making my day. 

We are in a descending triangle. We are safe as long as we don't break bellow $9300 and I think the support there is strong enough. So I think it's more likely that Bitcoin will break the triangle upwards. Anyway, all will be decided soon - before October 10th.

When btc price plummets this current day going sub 10k price.I thought that we would already gradually heading down to 8k.
I had able to read up other threads of OP but that one didnt able to have that full precise prediction and now he had set up
some unknown timelines for him not to be bashed.lol

[exstasie]

We are in a descending triangle. We are safe as long as we don't break bellow $9300 and I think the support there is strong enough. So I think it's more likely that Bitcoin will break the triangle upwards. Anyway, all will be decided soon - before October 10th.

Triangles are prone to head fakes before the real breakout occurs. I wouldn't be surprised if there is a wick/stop run below that level or even into the $8,000s to shake out weak longs and trap shorts.

On the weekly and monthly charts, this looks like an obvious bullish consolidation, a bull flag of sorts. I'm confident we'll be breaking upwards by October, but it's hard to say what will happen in the next couple weeks. It could just be more boring sideways.

[pooya87]

those seeing Triangles in the current chart and expecting big falls should really check out the recent "Triangles" that we had that led to many expecting the same thing. the part is in between December 20 (2018) to February 7 (2019) when people were expecting $1000 just because some lines on their charts told them so. guess what happens on February 8?

[Russlenat]

Forget about the chart, we will not again hit $8K anymore, the growth is good for now and we are stable at $10,000, probably that would be the least price we will see before the end of the year. There are some down trend, it's expected but I never saw in the past months that there are signs we will be bearish and go back to that price again.

Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.

[greensheep]

Long term bullish, but I think we need to go a bit lower to be able to get higher.
Buy back reactions (around 9,5) have each time been less strong.

I have the feeling most people are bullish.
Zooming out there was parabolic (3k - 13k) rise which not a lot of people expected. (certainly not me)
Maybe there will be a longer correction than expected.
with BTC expect the unexpected.

Nobody knows exactly but with the halving coming up, this is al noise.

[South Park]

Because each time we see that is becoming harder and harder for the price to bounce back, the price is producing new lower highs, the volume is going down and the volatility is going down as well, so when you take all of this into account I do not see how the current price can be sustained, as such it is completely reasonable to expect a decrease in the price of bitcoin during the next months, but do not worry it is not going to be a crash or anything like that, however there are good reasons to be bullish about the prospects of bitcoin during 2020.

All the time that we have seen bitcoin increase, the volume has never really been an indicator for us, we see huge increase, and we see that volume is still like almost the same and only climbed by little, so in bitcoin increase, anything could really happen at any time, but with all the development that is n ground, and the bakkt that is expected to be released this month.

I am not sure that we will see anything that will drag us low to $8000 again; we might still be seeing some corrections that will drop up a little bit down to the range of $9000 but will never cross the path of $8000 again. Very soon, most of the projects that has been developed will start playing its part in the increase of bitcoin when they are being released gradually into the market.

We are at a point in the market where the only thing we can do is to wait and see what happens, I understand your points and they make sense but I see the charts by myself and I think I have a point as well so the market is giving mixed signals, however I still believe that any chance of a bull run during the next months is extremely low since the market is showing more and more weakness after each decrease in the price and as soon as the bulls pressure diminishes the bears will take control of the market.

[Hamphser]

Forget about the chart, we will not again hit $8K anymore, the growth is good for now and we are stable at $10,000, probably that would be the least price we will see before the end of the year. There are some down trend, it's expected but I never saw in the past months that there are signs we will be bearish and go back to that price again.

Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.

I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this? Instead of breaking new resistance it's keeping its stable price between $10,000 and $11,000.

[Wilhelm]

Forget about the chart, we will not again hit $8K anymore, the growth is good for now and we are stable at $10,000, probably that would be the least price we will see before the end of the year. There are some down trend, it's expected but I never saw in the past months that there are signs we will be bearish and go back to that price again.

Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.

I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this? Instead of breaking new resistance it's keeping its stable price between $10,000 and $11,000.

This has all happened before.

My view is that
- People selling are getting out.
- People buying are invested in this price.
- bitcoin fundamentals are still ok.

It's a waiting game for the loose hands to leave and we go up again...

[exstasie]

I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this?

Breakout attempts are failing in both directions. The market right now is what we call "chop city." Price is chopping and whipsawing in both directions in the short term, but per Dow Theory we are still in an established downtrend on higher time frames. So our bias should lean bearish.

We might just stay sideways above the $9,000 level. We also might see a final shakeout of the weak hands, perhaps to the lower $8,000s. All I know is, the market isn't ready to go up yet. I'm confident this year's uptrend will eventually continue, but there may be more blood first.

[buwaytress]

Trying to decide today if your full-ass predictions a week ago are about to come true, or if we're just see sawing again with this 10k pivot. Keep telling myself to at least do a wee bit of scalping every sub 10k dip and then come up on to with easy 10% the next time it swings back and everyone keeps thinking the bulls are back but they aren't...

But so far so good being patient and painfully sticking to my quarter-assery convictions.

[Reatim]

We are in a descending triangle. We are safe as long as we don't break bellow $9300 and I think the support there is strong enough. So I think it's more likely that Bitcoin will break the triangle upwards. Anyway, all will be decided soon - before October 10th.

We almost break that bellow $9,300 last couple of weeks so we’re still struggling to hold on and just yesterday we almost fall bellow $10,000 again
While I have a big trust in crypto market most specially in Bitcoin but I don’t take all the possibilities out of the scene because just this year alone we came across the $3,000 -$13,000 so the reverse is not far from happening also.

[Slow death]

For some reason your analysis looks very much like this analysis:

Price Analysis 02/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, XMR

Price Analysis 11/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA

According to the price analysis of this article, the price may fall to $7400. This has become something of a competition between you and this article, but it is a competition to see who is about to hit. we will see in the coming weeks who will win

That's what happens if you use your full-ass instead of half-ass for predictions...

We seem to be going up.... 

this is knowledge, and it's called prediction because it has a chance of happening as well as a chance of not happening

[STT]

Its about probabilities, we dont have any certainties as its all real time markets so there is a constant variance to every price anyway.    I just look at charts to help show where the best chances are of a turning point, the clever traders then can frame a profit vs risk and participate without signing up as if its their heart invested.    I'm still learning that part because execution is another question. 
  Every good trader has multiple options and takes the best of them because all scenarios can fail to some extent.

[sana54210]

Forget about the chart, we will not again hit $8K anymore, the growth is good for now and we are stable at $10,000, probably that would be the least price we will see before the end of the year. There are some down trend, it's expected but I never saw in the past months that there are signs we will be bearish and go back to that price again.

Anyway, just like you ,it's just my opinion based my analysis, so I'm just hoping that you are wrong with your prediction.

I'm a little worried about it since the price of Bitcoin is starting to decrease each day and now it stop at $10,000. But if the price keep decreasing each day, the possibility of reaching $8,000 again is not impossible. How long does the market would act like this? Instead of breaking new resistance it's keeping its stable price between $10,000 and $11,000.

Nothing to worry about mate, don’t let all those fud new get into you and don’t cheaply play into the hands of the whales, the whales has not really gotten the breathing space that they need to enter the market, that is why they have been trying to crash it and the bulls have been trying to kick start the market.

If we are panicking at this stage now, then we are indirectly empowering the bears meanwhile, the bulls are the ones that really needs our support right now and we are meant to do everything possible to support them, and one of the support they would need is never to join those who are crashing the market do so, because if we do, it would only favor them, while it will take us out of the market till future when we are regretting taken the action we should not have taken.