GreenStox
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October 20, 2019, 10:26:45 PM |
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I think the prediction you have has the difficulty of being able to make the price of bitcoin expensive again because there is currently no good news that can trigger a rise in the price of bitcoin and it doesn't hurt if you buy bitcoin because bitcoin has very limited supply and demand that so high that bitcoin can guarantee profits for those who still have bitcoin.
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GreatArkansas
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October 20, 2019, 10:42:28 PM |
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I think the breakout done few hours ago? That pump from around $7900 to $8200. It continue will still above $8000 then it is good, we are already battling this $8000 support for how many weeks. Hope we will still stay above $8000, that pump recently is good for Bitcoin.
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Shasha80
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October 20, 2019, 11:20:37 PM |
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I like the analysis you made, thanks for sharing it. It could be today and tomorrow is the lowest price of bitcoin. Now the price of bitcoin rise to $ 8200 which was before $ 7900. If it turns out that the prediction is correct it will soon be heading the price of $ 9,000, we just keep watching its development. If I have already done it to buy bitcoin, now it's just waiting for movement bitcoin. But if it doesn't turn bullish, I don't think it will drop to $ 3000. In my opinion the maximum price of bitcoin is down at $ 7,700.
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October 21, 2019, 01:01:01 AM |
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I see the conditions at the exchange today experienced price increases and hopefully the predictions you gave can become reality because signs of rising bitcoin prices have been seen, hopefully by the end of 2019 bitcoin prices can be above $15k and welcome halving bitcoin so that bitcoin will be really hard to get.
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Fredomago
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October 21, 2019, 01:23:00 AM |
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I think the breakout done few hours ago? That pump from around $7900 to $8200. It continue will still above $8000 then it is good, we are already battling this $8000 support for how many weeks. Hope we will still stay above $8000, that pump recently is good for Bitcoin.
Continue to hold the barrier and able to attract investors to buy more, it will pumped a little but enough to hold the current price. Last quarter always gives some good hints what will be the possibilities of the next target level. Maybe gaining back $10k before the end of this year would profitable enough for people who are investing with short term distance. While for every long term hodlers, there's no actual timing but believing that it will bring good value to set your targets.
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jaocoincrypto18
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October 21, 2019, 02:23:52 AM |
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I think the breakout done few hours ago? That pump from around $7900 to $8200. It continue will still above $8000 then it is good, we are already battling this $8000 support for how many weeks. Hope we will still stay above $8000, that pump recently is good for Bitcoin.
I have read this kind of analysis so many times before but instead of Bitcoin will rise up but its falls down losing my investments. Its just like when you buy the dip it dips oven more so i suggest that do not be easily to fall to this speculation because the truth is no one could really tell the future of Bitcoin market but this is better than spreading FUD.
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NathanJB
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October 21, 2019, 03:15:31 AM |
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This is quite a prophetic TA. I am amazed. And I very seldom am amazed when it comes to TAs. Many of them are failing their predictions. But not this one, so far, although I am seeing in the charts that instead of Bitcoin pushing through with the rising line and creating a double digit growth before going into correction, it has already bumped into something hard even before it hit $8,300. I hope to see $9,000 though very soon.
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nasipadang
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October 21, 2019, 03:55:10 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimgbbb.com%2Fimages%2F2019%2F10%2F20%2FScreenshot_1.png&t=670&c=t4u3dOB5dDAmDw) I make a point that today and tomorrow are the last days of cheap bitcoin. bitcoin is forming a falling wedge pattern which means that when the downtrend line is broken the btc will likely return to the price of 8500 - 9500. What do you think? some predictions that I have made https://www.tradingview.com/u/pamsugas/you can follow me. Thanks. Tthere is still no long red candle , wait for read candle according to the technical analysis that you make. I don't think it's tomorrow, but closing this week, today's market is green, so we haven't entered the final correction phase yet. I think waiting in the red again might be around $ 8100 to buy some.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com Super Six | | | | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | | | . 6 BTC PRIZE POOL | │ | . TAKE PART | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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PLATO
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October 21, 2019, 04:37:47 AM |
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I see the conditions at the exchange today experienced price increases and hopefully the predictions you gave can become reality because signs of rising bitcoin prices have been seen, hopefully by the end of 2019 bitcoin prices can be above $15k and welcome halving bitcoin so that bitcoin will be really hard to get.
It is difficult to say this because Bitcoin is still in a phase and often drops suddenly which makes investors feel very nervous when investing. I think the downtrend will last for a few years and if you are not careful you will easily lose money here. I am not sure what this market will look like in the next few months but it is possible that Bitcoin will soon return to $6000 before there is a major change.
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All posts by me after 2012 were a compromised account. Probably by "BBOD The Best Futures Exchange". SORRY Y'ALL
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erickastella
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October 21, 2019, 04:52:06 AM |
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Very good analysis, my friend, I understand very well about graph analysis, but if you only rely on the chart it is not enough to be strengthened with some good news for bitcoin, to help strengthen that bitcoin will rise to the moon, especially now that bitcoin is downtrend so we are extra careful when making choices.
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EdvinZ
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October 21, 2019, 06:45:21 AM |
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I make a point that today and tomorrow are the last days of cheap bitcoin. bitcoin is forming a falling wedge pattern which means that when the downtrend line is broken the btc will likely return to the price of 8500 - 9500. What do you think? some predictions that I have made https://www.tradingview.com/u/pamsugas/you can follow me. Thanks. Your technical analysis worked like a high-precision laser! You're just a good thinker, such a trader, I would entrust my money to the management:) I Hope Bitcoin will no longer test the level of $7900, because the nerves of investors are at the limit. The main cryptocurrency has already fallen almost 2 times from the recent price of $14,000. I think the current price level we will remember as a historical bottom. Now only up!
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senne
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October 21, 2019, 07:07:14 AM |
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Bitcoin successfully defended the support of $8k which shows that bulls are strong enough to hold it. But the picture isn't yet clear. Until BTC crosses the resistance of $8800, much can't be said about the trend. You're correct that falling wedge is in the formation and this $200 jump is a good indicator for the bullish trend. But I still would like to wait for the trend confirmation before jumping in to take any position.
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carter34
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October 21, 2019, 08:13:45 AM |
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But I still would like to wait for the trend confirmation before jumping in to take any position.
As for my own view too. my position is same thing, to wait maybe till next year so not to be trapped. The price over a month has been sideways and ranging. It can either way, as I'm looking at the $8,500 to be broken before the end of the year.
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Finestream
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October 21, 2019, 08:30:11 AM |
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That's possible and I agree, with that price if we will ever achieve that again, we will be close to $10K which my conservative target by the year end. I will follow this thread and let's see if from the current price, we can see some big pump this month.
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CarnagexD
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October 21, 2019, 12:31:30 PM |
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It seems that the chart has a good sign on the bullish market and I really hope it will happen. As of now, this is the current price of bitcoin 8,262.45$ and I think right now we can see a slowly rising price. If you going to buy bitcoin maybe this time is the good entry point simply because in the next few days the price will start to increase until it reaches again the 10000$.
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pamsugas (OP)
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October 21, 2019, 01:34:18 PM |
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It seems everything is going well I will add the bitcoin fractal which will continue to rise 1W and 1D chart ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2Fk4BXVZT%2Ffractal1.jpg&t=670&c=ZU9K_6eDGvNJEg) 120 and 180 chart ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FGQ5FWGk%2Ffractal2-copy.jpg&t=670&c=78xZVGfa7uhw4g)
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jets567
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October 21, 2019, 01:53:23 PM |
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I saw this thread since it was posted but didn't add any comment that time because I don't have a TA skills ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) which can help this thread more informative but I can't stop myself to praise OP on his bullish prediction and it seems that OP was right on his prediction base on the price movement of Bitcoin over the past few days.
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maxreish
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 21, 2019, 03:02:52 PM |
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A big possibility to happen. Since RSI was oversold, expect some huge bull run. But it since many have an entry to buy long, we can't really be sure for it. On the other hand, I am very optimistic about it. We've touched down at $7500 few days ago, it is time we experience some increase in upcoming days.
There is a breakout at $8200 and it will continue to bull run as expected.
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Meowth05
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October 21, 2019, 03:53:09 PM |
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It seems that the chart has a good sign on the bullish market and I really hope it will happen. As of now, this is the current price of bitcoin 8,262.45$ and I think right now we can see a slowly rising price. If you going to buy bitcoin maybe this time is the good entry point simply because in the next few days the price will start to increase until it reaches again the 10000$.
Well actually we cannot tell by just looking in the chart we should consider the fact that the market is uncertain to predict. However, I agree that you should consider purchasing now since bitcoin is now making a move, I don't know if it will go for another dip or go for a bull. If you were a long-time investor then perhaps you don't need to worry about the price you are going to buy because remember bitcoin is volatile, bitcoin could drop as low but it can recover the loss and become even more compared to what it is before.
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ufaiz50
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 21, 2019, 03:56:46 PM |
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Good for making technical analysis, I'm the type of person who trades by trusting the latest cryptocurrency news. In my opinion technical analysis by marking a history of corrections and bulls does not mean 100% happens, we also have to consider the influence of users and news.
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