Bitcoin Forecasts

[Kalemder]

I will share my Bitcoin estimates here.
I will share the analysis only in specific cases.
Almost all my analyzes have been accurate before.
(Daily 1 - Daily 2 - Daily 3) I have been sharing analyzes since 2017.
Everyone can be mistaken. Nobody knows the future.
I'm just testing myself and trying to score for myself.

You can write your guess and feedback.


Disclaimer. Reject liability:
I'm just writing my own thoughts.
I'm not suggesting anyone move with me.
Even if you are going to invest in my writing and do it according to your own assessment and risk analysis.
I'm just testing my own analyzes and forecasts here.
I do not give investment advice to anyone, neither private nor public.
The topic is only a blog.
All crypto currencies are high risk investments.
All investment decisions are the sole responsibility of the individual.

[Kalemder]

http://prntscr.com/p25ohx
5 Eylül
Şuanda durum bu. 10650-10550 arasında duran bir bitcoinimiz var.
Yakın bir zamanda bu seviyelerin altına önemli bir hareket yapacağını düşünüyorum.
Bir kaç güne kadar 10000-10100 dolar arası ilk hedef seviyesi.
Bu pozisyonun durumuna göre 9750 dolar seviyesi de beklenebilir.
Özetle; yukarı ufak bir sıçrama yapar mı yapmaz mı bilemem ama genel olarak beklenen yön aşağı.

September 12

I've written this before.
Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

[dunfida]

http://prntscr.com/p25ohx
5 Eylül
Şuanda durum bu. 10650-10550 arasında duran bir bitcoinimiz var.
Yakın bir zamanda bu seviyelerin altına önemli bir hareket yapacağını düşünüyorum.
Bir kaç güne kadar 10000-10100 dolar arası ilk hedef seviyesi.
Bu pozisyonun durumuna göre 9750 dolar seviyesi de beklenebilir.
Özetle; yukarı ufak bir sıçrama yapar mı yapmaz mı bilemem ama genel olarak beklenen yön aşağı.

September 12

I've written this before.
Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

So far, price been playing between 9000-10500 levels for some months now.
No one can indeed predict the future and we always been seeing lots of charting and analysis.
It isnt bad though but those doesnt give out precise but somehow you can utilize up on doing shorts.
Its profitable for me.

[TravelMug]

http://prntscr.com/p25ohx
5 Eylül
Şuanda durum bu. 10650-10550 arasında duran bir bitcoinimiz var.
Yakın bir zamanda bu seviyelerin altına önemli bir hareket yapacağını düşünüyorum.
Bir kaç güne kadar 10000-10100 dolar arası ilk hedef seviyesi.
Bu pozisyonun durumuna göre 9750 dolar seviyesi de beklenebilir.
Özetle; yukarı ufak bir sıçrama yapar mı yapmaz mı bilemem ama genel olarak beklenen yön aşağı.

September 12

I've written this before.
Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

Thank you for your insight.

Key level here is $10,200 if this supports hold then probably we can see the price go higher as you have said around the $10,700 range.

But it doesn't hold in the next couple of days, maybe we can see the price going below $10,000 again.
So let's see how our prediction goes.

[YuginKadoya]

I guess we are not getting anywhere than the $10,000 USD mark, And I think this is really a strong floor for the Bitcoin's price, And the high price we may reach if the price pump will be $12,000 USD and if it decreases, $9200 - $9300 mostly in this marks, up to the month of November in my opinion, Well I am guessing that the mark of December will be in the downtrend because of the holiday season more likely if we get a price increase in November the price will drop from $12,000 to $11,000 and if the price is in the downtrend the price will be almost just $9400 to $9100 in my opinion.

[BitHodler]

I guess we are not getting anywhere than the $10,000 USD mark, And I think this is really a strong floor for the Bitcoin's price,

$10k is a psychologically important support level, so it holds a lot of weight in that regard, but to counter that, it will turn into a major resistance level once the sellers have sold through the buy support and bulls just give up.

If we're completely honest and look back at previous bull runs, the price hasn't had much of a brutal crash this year at all. It has been a steady decline we went through so far, so I'm kinda expecting more to come that will shake out weak hands.

The more people have confidence in $10k to be a floor or level bulls are willing to support all the time (similar to $6k last year), the more likely it is that we can expect a move in the opposite direction. Don't get trapped.

[Juggy777]

I guess we are not getting anywhere than the $10,000 USD mark, And I think this is really a strong floor for the Bitcoin's price, And the high price we may reach if the price pump will be $12,000 USD and if it decreases, $9200 - $9300 mostly in this marks, up to the month of November in my opinion, Well I am guessing that the mark of December will be in the downtrend because of the holiday season more likely if we get a price increase in November the price will drop from $12,000 to $11,000 and if the price is in the downtrend the price will be almost just $9400 to $9100 in my opinion.

@YuginKadoya bitcoin has found new resistance at $9300 levels hence I don’t expect it to breach $9k, on the upside I believe we may see prices rise upwards to $13k or $15k levels in coming months. If you’ll have observed even when the prices were crashing it was able to recover from $9200 to $10300 levels in a short while, and hopefully with the launch of Bakkt prices should rally more.

News: https://cointelegraph.com/news/bitcoin-price-charts-aligning-with-bakkt-launch-points-to-a-big-move

[exstasie]

If we're completely honest and look back at previous bull runs, the price hasn't had much of a brutal crash this year at all. It has been a steady decline we went through so far, so I'm kinda expecting more to come that will shake out weak hands.

I've been expecting further shakeouts for a while, like the low $8,000s or further. Bears are running out of time though. If we don't see a significant breakdown by the end of September, it becomes increasingly likely this is just a time correction......a sideways flag rather than a sharp pullback. I'm still hoping for some buying opportunities in the next few weeks, but I'm losing confidence.

[Herbert2020]

Downward pressure continues at Bitcoin.
This will happen and we will go back to the 9750 band again. (On average)

in my experience at times like this bitcoin becomes completely unpredictable and predicting or even trading at this time is a futile attempt.
we have had similar situations multiple times before too. price is on the rise then it gets stuck behind an arbitrary price level (resistance) and starts its sideways move. after a couple of drops to the low of that sideways it becomes impossible to know when it will breakout.

right now we are exactly in the similar situation. you only mention downward pressure but you are missing the other pressure the "upward one" hence the term "sideways". both of these forces are there and are equal right now.
from last drop we saw how the other pressure is strong when price practically jumped back up after the drop!

[buwaytress]

If we're completely honest and look back at previous bull runs, the price hasn't had much of a brutal crash this year at all. It has been a steady decline we went through so far, so I'm kinda expecting more to come that will shake out weak hands.

I've been expecting further shakeouts for a while, like the low $8,000s or further. Bears are running out of time though. If we don't see a significant breakdown by the end of September, it becomes increasingly likely this is just a time correction......a sideways flag rather than a sharp pullback. I'm still hoping for some buying opportunities in the next few weeks, but I'm losing confidence.

Yeah. I have been honest and not even brutally, and I still insist this crypto winter everyone was using as a label was far from accurate.

I definitely have been hoping for worse. I've always been reading about capitulation and despair but I didn't really see it. Lost quite a few old timers even but when you see the shillers still doing their thing and the Tom Lees still getting a majority portion of traffic then you know the optimism is far from dying.

I do want a purge. I'm ready to wait out a real crypto winter.

Think that's got any proper chance of happening?

[Kalemder]

http://prntscr.com/p25ohx
5 Eylül
Şuanda durum bu. 10650-10550 arasında duran bir bitcoinimiz var.
Yakın bir zamanda bu seviyelerin altına önemli bir hareket yapacağını düşünüyorum.
Bir kaç güne kadar 10000-10100 dolar arası ilk hedef seviyesi.
Bu pozisyonun durumuna göre 9750 dolar seviyesi de beklenebilir.
Özetle; yukarı ufak bir sıçrama yapar mı yapmaz mı bilemem ama genel olarak beklenen yön aşağı.

September 12

I've written this before.
Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

There was serious support for the possibility of 10700.
The market is moving like I wrote before.
I'm expecting a comeback from 10500-10700.

[exstasie]

I've been expecting further shakeouts for a while, like the low $8,000s or further. Bears are running out of time though. If we don't see a significant breakdown by the end of September, it becomes increasingly likely this is just a time correction......a sideways flag rather than a sharp pullback. I'm still hoping for some buying opportunities in the next few weeks, but I'm losing confidence.

Yeah. I have been honest and not even brutally, and I still insist this crypto winter everyone was using as a label was far from accurate.

I definitely have been hoping for worse. I've always been reading about capitulation and despair but I didn't really see it. Lost quite a few old timers even but when you see the shillers still doing their thing and the Tom Lees still getting a majority portion of traffic then you know the optimism is far from dying.

I do want a purge. I'm ready to wait out a real crypto winter.

Think that's got any proper chance of happening?

I wouldn't hold your breath.

I think the market will at least build out a respectable Wave 5 to a new ATH like xxxx123abcxxxx has charted before we get another taste of winter. On the higher time frames (like the monthly) this is a raging bull market that's just spent 2-3 months flushing out profit takers and weak longs. The path of least resistance is north. The market is liable to keep chopping around a while, but in terms of the bigger picture, I'd say we're due to start heading north by next month.

[YuginKadoya]

I guess we are not getting anywhere than the $10,000 USD mark, And I think this is really a strong floor for the Bitcoin's price,

$10k is a psychologically important support level, so it holds a lot of weight in that regard, but to counter that, it will turn into a major resistance level once the sellers have sold through the buy support and bulls just give up.

If we're completely honest and look back at previous bull runs, the price hasn't had much of a brutal crash this year at all. It has been a steady decline we went through so far, so I'm kinda expecting more to come that will shake out weak hands.

The more people have confidence in $10k to be a floor or level bulls are willing to support all the time (similar to $6k last year), the more likely it is that we can expect a move in the opposite direction. Don't get trapped.

Since this is an important support level for bitcoin I think we can surely say that we might not see any down level instead for this mark, And resistance is pretty much strong right now so just like you say bulls might give up, for the time being, If a lot of weak hands would be shaken by this resistance we might see a slight decrease from time to time,

I guess we are not getting anywhere than the $10,000 USD mark, And I think this is really a strong floor for the Bitcoin's price, And the high price we may reach if the price pump will be $12,000 USD and if it decreases, $9200 - $9300 mostly in this marks, up to the month of November in my opinion, Well I am guessing that the mark of December will be in the downtrend because of the holiday season more likely if we get a price increase in November the price will drop from $12,000 to $11,000 and if the price is in the downtrend the price will be almost just $9400 to $9100 in my opinion.

@YuginKadoya bitcoin has found new resistance at $9300 levels hence I don’t expect it to breach $9k, on the upside I believe we may see prices rise upwards to $13k or $15k levels in coming months. If you’ll have observed even when the prices were crashing it was able to recover from $9200 to $10300 levels in a short while, and hopefully with the launch of Bakkt prices should rally more.

News: https://cointelegraph.com/news/bitcoin-price-charts-aligning-with-bakkt-launch-points-to-a-big-move

It could be and could also be not, but I think if the price would make an effect with the pump it may truly have some rally that may go on with the Bitcoin price, And well resistance can be at $9000 or $10,000 in my opinion.

[STT]

increasingly likely this is just a time correction......a sideways flag rather than a sharp pullback.

Sounds reasonable but if some arent making money or living in hope of gains then they are sellers, theres always weak hands in the price and they havent yet been shaken out.    Thats ok if we have others taking their place, underlying growth in BTC can do alot but I think there is a large amount of speculation on that already which is why they will sell if a gain is not observed in price or in perception from some news perhaps.
   We are living in strange times with negative rates that has never really occurred over a majority of the worlds nations before.   We could go back to fiscal regimes of medieval empires and still not find the loopy logic and custom we have enacted right now so who knows, cannonballs will float in mercury which I mean to say its all relative to the contrast occurring in money markets contraction or expansion.     There is talk of recession but so far just talk.

[buwaytress]

I wouldn't hold your breath.

I think the market will at least build out a respectable Wave 5 to a new ATH like xxxx123abcxxxx has charted before we get another taste of winter. On the higher time frames (like the monthly) this is a raging bull market that's just spent 2-3 months flushing out profit takers and weak longs. The path of least resistance is north. The market is liable to keep chopping around a while, but in terms of the bigger picture, I'd say we're due to start heading north by next month.

Yeah, that's the scenario I'm preparing for, even if inside I still want a really cheap Bitcoin to accumulate. It's bittersweet. Sweet because I'd really use a new ATH to liquidate a stash I have, get out of some personal rut. Bitter because although I was really thankful for last year, otherwise I wouldn't have had a chance to get much, it's still far from the right "club membership" I'd like to be in.

Maybe that ATH will lead to an even bigger winter, then. And maybe the really smart thing is to liquidate enough at the ATH to reconsolidate in the coming winter cycle.

If you and most charters are right about next month, it's going to be a scramble!

@palle1 can anyone really be shocked anymore by this market? =)

[exstasie]

increasingly likely this is just a time correction......a sideways flag rather than a sharp pullback.

Sounds reasonable but if some arent making money or living in hope of gains then they are sellers, theres always weak hands in the price and they havent yet been shaken out.

And in sideways flags they do get shaken out. People have been very fearful over the past month. Even if the market isn't making new lows, weak hands are selling to accumulators. I'm confident this June-September range = accumulation based on the monthly trend. After enough time has passed (maybe another month?) supply in this range will dry up even if bears don't make a real stand.

Yeah, that's the scenario I'm preparing for, even if inside I still want a really cheap Bitcoin to accumulate. It's bittersweet. Sweet because I'd really use a new ATH to liquidate a stash I have, get out of some personal rut. Bitter because although I was really thankful for last year, otherwise I wouldn't have had a chance to get much, it's still far from the right "club membership" I'd like to be in.

The 21 Club? Surely you don't mean the Vladimir Club?!

[BitHodler]

Maybe that ATH will lead to an even bigger winter, then. And maybe the really smart thing is to liquidate enough at the ATH to reconsolidate in the coming winter cycle.

It's so hard to say beforehand. I personally will front run the all time high by selling some (5% of my stack) around the $17 or $18k mark. Not because I need the funds, but purely because I don't think we'll break it right away.

I can see why the $19.5k mark is something longer term accumulating institutions want to not be broken, so dumps similar to what we had around the $14k mark will be what I prepare for.

At the end of the day, we'll either regret or be happy about the decisions we made. I kinda regret not having paid too much attention to the importance of the $14k level since that was the highest ever monthly close we had.  

[Reatim]

I believe the $10,200 seem to be a very strong support because price keeping running around there. The resistance of $11,000 might also be tested anytime soon.

Yeah same point here because  the $10,200 is the basis of the price now,for how many weeks now we have Ben stables on this value but we don’t need to be contented since there’s a highest to come

For OP..

Thanks for this thread as you are sharing forecast because atleast we can have pattern to expect in future

[gantez]

Yeah same point here because  the $10,200 is the basis of the price now,for how many weeks now we have Ben stables on this value but we don’t need to be contented since there’s a highest to come

Maybe a break is eminent after that range. It has been around the price for sometime now. I expect an upward movement after this time because we are approaching the ending of the year.

[hulla]

Yeah same point here because  the $10,200 is the basis of the price now,for how many weeks now we have Ben stables on this value but we don’t need to be contented since there’s a highest to come

Maybe a break is eminent after that range. It has been around the price for sometime now. I expect an upward movement after this time because we are approaching the ending of the year.

A break is obvious but you shouldn't expect much of an uptrend momentum in the bitcoin market because there's demand force to make that happen because the market will only experience some slightly increase in price just like we experienced a couple of days back till the end of this month.