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Author Topic: The price of BTC will go Up or down?  (Read 267 times)
Eedward (OP)
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September 25, 2019, 12:16:47 PM
 #1



What you guys are expecting?

(Hope someone will quote my post to show the pic) Cry
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September 25, 2019, 12:17:55 PM
 #2

1 BTC = 1 BTC always.
I expect more adoption of BTC and it becomes daily life currency for average joe.

Anyway, I suggest you to follow the topic of this guy.
That was a cool short opportunity but currently overall market is rather positive. Even though some altcoins lost ~30-50% along with BTC drop, the hashrate is increased and the price is likely to recover!

I like the way he is sharing his knowledge.

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September 25, 2019, 12:28:09 PM
 #3

i believe BTC has chance of hitting 7.7k before consolidating and beginning another move upwards. currently BTC has the lowest RSI on daily time frame since 3k ranges.
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September 25, 2019, 12:49:21 PM
 #4

Anyway, I suggest you to follow the topic of this guy.
That was a cool short opportunity but currently overall market is rather positive. Even though some altcoins lost ~30-50% along with BTC drop, the hashrate is increased and the price is likely to recover!

I like the way he is sharing his knowledge.

You are right. This guy is awesome! Thanks for sharing.
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September 25, 2019, 01:33:07 PM
 #5

I'm currently expecting some stability around our current level and then another leg upwards afterwards as well; we're extremely oversold on the 4H RSI and even on the 1D which hasn't happened in a very long time, which should end with a nice bounce. I've noticed many people are calling for the upper $7ks for a bounce to happen, though I find it likely a bounce will happen right here in the lower $8ks. Not much has changed besides the price in that time, though, and I'll still be holding and adding to my personal stash.
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September 25, 2019, 02:04:01 PM
 #6



What you guys are expecting?

(Hope someone will quote my post to show the pic) Cry

If we see the image, we are almost there, and after that, the price will rise higher according to what happens in 2017. But we don't know yet, and we don't have any right prediction of what will happen later and its only a prediction that can be wrong. But this time, we have a good time to buy bitcoin at a low price, and we don't know if we will see it again in the future.

Many people are using this moment to buy as much bitcoin as they can, but I don't know if they will go all in to buy bitcoin or not. If I take a look at the chart, the possibility for bitcoin price to go down will be there, and I think the price still struggling to increase higher. So we need to wait for a while and hope that the next week will be better for bitcoin and altcoin.
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September 25, 2019, 03:24:58 PM
 #7

The price will not go up forever and may not go down forever. Therefore, achieving gains does not mean that the price continues to rising and vice versa.
Whatever or not, price volatility is what drives people to continue investing in this high-risk market.
What happened yesterday has something to do with Bakkt, and the same thing happened with CME & CBOE.
I do not believe that historical patterns will repeat at the same level but may give us good signals.

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September 25, 2019, 03:32:43 PM
 #8



What you guys are expecting?

(Hope someone will quote my post to show the pic) Cry

If we all know the answer to this question with certainty, I am very sure everyone would have been so wealthy by now that you won't be bother about working as it will only take you the keypads of your phone or laptop and access to the internet to flip wealth and make tons of money because you know what will happen next unfortunately we don't.

The interesting thing about trading and what makes it interesting is that unknown factor because, take that away from the market, it becomes boring and lose its savor. If anybody thinks he can decide or know based on historical analysis, its just a guess which could either come out right or the other way round. No more, no less
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September 26, 2019, 12:07:32 PM
 #9



What you guys are expecting?

(Hope someone will quote my post to show the pic) Cry

Well, honestly speaking for what is happening now in the market, even bitcoin went down to 8500$ the best thing I can do
for now is to remain bullish, and take the opportunity to buy Bitcoin and some potential altcoins in the market. But according to
review in the chart I think Bitcoin goes down more to 7500$ then then it will bounce again little by little to 10k$ more.
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September 26, 2019, 12:39:39 PM
 #10

Just a little dump and here we go with almost like a panic question.

What do you expect?
I am pretty sure it will go back up but not that huge. It will slowly move again to what amount it had be before the year ends.
Maybe more.
Adoption will always be there although it is slowly moving.
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September 26, 2019, 01:54:42 PM
 #11

chart movements are similar to 2017,
but before seeing the picture you gave, I am sure if the movement of the BTC will continue to rise, dumb a few days yesterday only for a moment, not long to go up and follow its trend, which is bullish, and the bullish trend will continue to rise until it reaches the peak. at least the peak is 1 to 2 years.
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September 26, 2019, 02:05:02 PM
 #12

I think we are still in bearish times right now, but I hope things change in the coming few days. According to this recent article, Bitcoin May See Brief Bounce. to 8.7k but the market is generally bearish.

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September 26, 2019, 02:16:34 PM
 #13

chart movements are similar to 2017,
but before seeing the picture you gave, I am sure if the movement of the BTC will continue to rise, dumb a few days yesterday only for a moment, not long to go up and follow its trend, which is bullish, and the bullish trend will continue to rise until it reaches the peak. at least the peak is 1 to 2 years.
^ This speculation that we need to wait 1-2 years were probably near to the truth. The new ATH will come I believed. After this drastically dumped it will surge again like what happened recently(last few months). But it will always be bouncing back and only strong hand will get a profit, not like panic sellers. If you invested in the bullish trend price just wait for a while, because there is a high chance it will come back again where the price you invested and wait until your profit was there.
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September 26, 2019, 02:28:17 PM
 #14



What you guys are expecting?

(Hope someone will quote my post to show the pic) Cry

It will go down again, many people predict touch 7k and I agree with that. Bitcoin as alternative income out side currency too long on top and this is time to go down as recovery price. Try to use MACD in week - month period and you will see the range. Buy back will open December, trust me.

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September 26, 2019, 02:57:50 PM
 #15

Btc always have a chance to bloom in the future because the adaption everyday is gradually increasing mate, yes you can say it always experienced a short declined which is uncertain for you .. but if you see directly to the position, its still stable right? .. So don't ever put doubts on it and believe what are the possibility in near future. Don't mind if it fluctuate because it's just a normal reaction due to the volatility in the market.
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September 26, 2019, 03:34:38 PM
 #16

Prices went down to $8180 now,so we need to ready for the big bearish movement now?

People predicted the prices will sky rocket in the last quarter of this year but its going upside down.
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September 26, 2019, 04:40:10 PM
 #17

looklike same chart, but i guess it will be different, it will not totally same like before.
and some prediction saying it will down until7,7k or below, then will up again.
so if you planning to buy, make it on 7,7k or lower. It just prediction maybe can wrong.
i expect i can make profit from this situation  Grin.
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September 26, 2019, 07:23:24 PM
 #18

Honestly, this kind of questions are totally rubbish. No one knows what is going to happen to the price. When it is going to rise or when it is going to fall. The same dip took place in 2017 and then the price started to skyrocket. This does not mean the same thing is going to happen this year. Yeah I know the price is falling and almost having an identical chart like 2017, but you never know. The price might start dipping even more!

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September 26, 2019, 11:25:44 PM
 #19

Well if history repeat again, in the end of 2019 will be bullish for bitcoin and all altcoins. There are only 2 things we can do now, trying to risk our money by re-buy bitcoin and wait it until the end of 2019 or we can just hold our coins.

Prices went down to $8180 now,so we need to ready for the big bearish movement now?

People predicted the prices will sky rocket in the last quarter of this year but its going upside down.
Those predictions only BS for me. Remember what people predicted when bitcoin reached $19k? "It will be reach $25k, 30k, 50k, 100k or even 500k" nothing happened until now (almost 2 years when it happened)
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September 27, 2019, 01:38:46 AM
 #20

I don't really think that it will repeat it's history. In the chart, I believe and much bullish mind when the triangle broke above.
But in this case, that very huge triangle which is also a huge impact on the price of Bitcoin. You see that break blow on $9,000 and boom, lead all the way below $8,000.
Well, BAKKT hype? Hmmm, seems bad for those people who believe that launched of BAKKT could lead to breaking above $12,000.

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September 27, 2019, 12:14:07 PM
 #21

I always expect bitcoin to grow strongly again so that IEO projects can be launched better. they are holding a lot of BTC with ETH, if the market continues to be red, those projects will die like many projects in 2018.
But after I read the article that bitcoin hashrate has dropped by 40%, it means that many miners have left bitcoin. I'm just afraid that bitcoin is dying and sharks are looking for new docks for them.

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September 27, 2019, 02:07:26 PM
 #22

Saudi Arabia oil refineries burn, and it removes 5% of world crude oil production

anyone think that bitcoin has been down these past few days because of that incident?  Huh

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September 27, 2019, 02:38:53 PM
 #23

Saudi Arabia oil refineries burn, and it removes 5% of world crude oil production

anyone think that bitcoin has been down these past few days because of that incident?  Huh
Oil burn is not a big issues in Bitcoin demand, because recent days some Big investors are concentrate in share market and suddenly some investment make loses so this one also one of the reason. But real reason is hard to find so traders are sell continuously it will affect the market. I hope next year it will going to moon so we will buy current scenario it makes good profit.

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September 27, 2019, 02:56:46 PM
 #24

Well, BAKKT hype? Hmmm, seems bad for those people who believe that launched of BAKKT could lead to breaking above $12,000.
I guess there are many people who have more expected to Bakkt event, but here we are the price just going down and most of them only took a panic selling who bought before the event come.

But at least the bakkt event has pointed out its seriousness to bitcoin and was made some investors especially institutional investor to pay more attention against bitcoin and it will happen soon.

I just have a prediction to bitcoin price in a few day ahead from now, the price of bitcoin will go below 8k because the support line has been broken out and its price will find another support.
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September 27, 2019, 03:22:22 PM
 #25



What you guys are expecting?

(Hope someone will quote my post to show the pic) Cry
I still expecting that bitcoin will not fall down just like what happen bitcoin where it touch 3k USD which is not totally good especially to the people who buy bitcoin at the price of 10-15k USD. My last hope that in this coming 2020 the price of bitcoin will rise up again just like in 2017 where bitcoin reach its ATH price.



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Rainbot
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September 27, 2019, 07:43:11 PM
 #26

1 BTC = 1 BTC always.

Funny but the straight, and correct answer to what will the price of bitcoin be. There would be no time the price would be staged at a figure for a good deal of time,
Let's just see bitcoin as something we can use to assist our financial problems
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September 27, 2019, 08:14:22 PM
 #27

The bitcoin's price will just either go up and down because that is how it works, I mean we can't surely know the accurate scenario that will happen next week, or next month, who knows. We are all making predictions because that is what we could all do. Bitcoin's volatility is the reason why it is so hard to make an accurate prediction of what will happen next, all I know is the bitcoin's price drop because of hashrate dropped.

But, it is just normal, it will go up again and hopefully it will make another mark in the history. Bitcoin's price is like a thief that you don't even know when will appear in your house, it will just surprise you, in a good way.
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September 27, 2019, 10:19:05 PM
 #28

I don't really think that it will repeat it's history. In the chart, I believe and much bullish mind when the triangle broke above.
But in this case, that very huge triangle which is also a huge impact on the price of Bitcoin. You see that break blow on $9,000 and boom, lead all the way below $8,000.
Well, BAKKT hype? Hmmm, seems bad for those people who believe that launched of BAKKT could lead to breaking above $12,000.

You can see that not many people believed that because we are still far above the breakout from 4000 dollars and the end of the big bear market of 2018. That move had nothing to do with bakkt and was a result of exhaustion of bearish sellers. They run out of the money in layman's terms.

That top from 6 thousand to 12 thousand was a fomo bakkt rally and this balloon got now deflated. Nothing to see here we can move on.
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September 27, 2019, 10:39:51 PM
 #29

The bitcoin's price will just either go up and down because that is how it works, I mean we can't surely know the accurate scenario that will happen next week, or next month, who knows. We are all making predictions because that is what we could all do. Bitcoin's volatility is the reason why it is so hard to make an accurate prediction of what will happen next, all I know is the bitcoin's price drop because of hashrate dropped.

But, it is just normal, it will go up again and hopefully it will make another mark in the history. Bitcoin's price is like a thief that you don't even know when will appear in your house, it will just surprise you, in a good way.

theres no magic calculator that can accurately predict the price movement of BTC nor 'experts' that can shove you their exact predictions. that is why it is called a prediction!
so no one can guarantee the price movement in any way. various factors are in play in this crypto market. we cant tell exactly the reasons why a given situation is happening like now.

Honestly, this kind of questions are totally rubbish. No one knows what is going to happen to the price. When it is going to rise or when it is going to fall. The same dip took place in 2017 and then the price started to skyrocket. This does not mean the same thing is going to happen this year. Yeah I know the price is falling and almost having an identical chart like 2017, but you never know. The price might start dipping even more!

actually a nonsense question! should not be answered in the first place. lol

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September 27, 2019, 11:20:07 PM
 #30

Down at 6k is my bottom.
If that aint happening then I am sure it will go up until 12k before this year ends.
FOMO is there by remembering the year 2017 of December.

Altcoins are not that popular anymore so I bet they will be looking unto the history of bitcoin for now and a higher chance to buy it.
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