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SummerBliss
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October 22, 2019, 04:09:27 PM
 #61



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.
What i actually think is that we might see another correction before we hit the pump in prices and this time prices can go low but not even low to $3000 as its too low point of prices.You can buy now or wait for some time but soon the prices will pump and we will witness prices going almost to $15-$20k anytime.
Inkdatar
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October 22, 2019, 10:45:29 PM
 #62

With the recent bounce of bitcoin from the support in the market, it is really a good idea to buy bitcoin right now because it serves as a signal that the bulls are still fighting over the bears and they are pushing it hard to bounce back from this fall. Bitcoin maybe not a good investment for other people but for most of the people here, it is one of the best performing asset in their portfolio, including mine.
In my view, the current rate of bitcoin price is still good to go to accumulate some btc. Agree for some the price is still bad to invest but if we look into the chart bitcoin has the chance to increase. I'm having good thoughts in bitcoin that we could see a good price increase so this still a good time to buy in my opinion.
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October 23, 2019, 02:55:51 AM
 #63

I highly agree since the value would rise up in a couple of months and i think this is because of of the upcoming halving and that's why people are surely going into it. We don't know when it exsctly it will happen but it is best to buy more bitcoin and it will give us a lot of profit by the time it uptrend.

And as of today even though there is a lot of support and resistance for its current value and still good to accumulate and buy and sell more altcoins to have more satoshi.
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October 23, 2019, 10:05:20 AM
 #64

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.
If your trading entirely depends on latest crypto currency news, I am really worried if this brings profits or there are times when you came across losses too. However, if you understand the market well and the behavior of your digital coin too, you can come up with the right decision after getting the latest news. There are so many factors that needs to be taken in account, but for benefits, one must learn patience first.
Ferris419
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October 23, 2019, 12:47:53 PM
 #65

This is the perfect time to buy Bitcoin for a long time holding purpose. If new guys buy Bitcoin to earn a quick profit, they may lose. Bitcoin price is now much volatile between bear and bull market. Sometimes it's movements seem positive to start the bull run but sometimes it seems Bitcoin price is going to be down. So, buy at this low price would be profitable!

Bitcoin is gonna hit 100K usd
Serco
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October 23, 2019, 12:57:51 PM
 #66

This is the perfect time to buy Bitcoin for a long time holding purpose. If new guys buy Bitcoin to earn a quick profit, they may lose. Bitcoin price is now much volatile between bear and bull market. Sometimes it's movements seem positive to start the bull run but sometimes it seems Bitcoin price is going to be down. So, buy at this low price would be profitable!
for long term current price good to buy.but for short term, maybe we need to be more patient again.wait till bitcoin price make correction i see bullish movement not solid yet, from daily chart there is no confirmation pattern .but ee could take opportunity from altcoin market that might  alot chance to get profit there.

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pawanjain
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October 23, 2019, 02:32:34 PM
 #67



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?

Looks more like a weak slow bleed than a falling wedge to me. The way price is sticking to the floor implies real weakness. We need to go down (new lows) before we can go up.

I do see a case for $9K+, something along the lines of this: https://bitcointalk.org/index.php?topic=5140701.msg52813750#msg52813750

I just think we need to go lower first. A test of $7K at least......
It's not necessary that we have to go to new lows before we can touch new highs because if that's the case then anybody would be able to predict when BTC will go to a new high. I think that once it crosses the $9K target BTC will rise upto #12K at least before making another correction and then may be after that it will rise further.

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cryptothreads
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October 23, 2019, 03:02:55 PM
 #68

This is the perfect time to buy Bitcoin for a long time holding purpose. If new guys buy Bitcoin to earn a quick profit, they may lose. Bitcoin price is now much volatile between bear and bull market. Sometimes it's movements seem positive to start the bull run but sometimes it seems Bitcoin price is going to be down. So, buy at this low price would be profitable!
Just a few big changes in this market, we will lose profits when investing. I am not sure what will happen to Bitcoin but the $7500 price is the price you can consider investing right now because the market today is having a big drop. Maybe in the near future people will encounter a lot of psychological problems but keep calm because Bitcoin will soon return to the uptrend soon.

Of course my predictions are likely to be wrong because the Bitcoin price is still falling so it is best to just hold Fiat or USDT to ensure your profit and make a new plan to reduce the risk of investment.
Reatim
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October 23, 2019, 03:04:15 PM
 #69



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.
Lol after you posted this?bitcoin price starts to fall down and now?as you predicting to be that day or tomorrow?well bitcoin movements continue to drop and now the price is $7,500 so when is that tomorrow?maybe you mean today or tomorrow the market will turn to bear again and our holdings will fall higher
This is the perfect time to buy Bitcoin for a long time holding purpose. If new guys buy Bitcoin to earn a quick profit, they may lose. Bitcoin price is now much volatile between bear and bull market. Sometimes it's movements seem positive to start the bull run but sometimes it seems Bitcoin price is going to be down. So, buy at this low price would be profitable!
But is there really buying these days?most of investors are waiting for best sign to start putting their money inside again









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danherbias07
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October 23, 2019, 03:26:37 PM
 #70

You could be right and I have already told that to my friends.
We have seen one good price which is 12k USD and it really stayed there for a long span of time.

Now this fall could be created by the new kind of ICO which is IEO. Investors are still optimistic with it thinking scams will be prevented that way.
Bitcoin which they owned could have been sold to buy a piece of that project and it might be one reason for the dump.

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October 23, 2019, 04:10:26 PM
Last edit: October 23, 2019, 05:13:20 PM by bassbity
 #71


Source Image : https://coinmarketcap.com/currencies/bitcoin/

Look what happened today bitcoin fell to $ 7,500 in my opinion this has gone down badly but don't know according to experts how to see it.
Is this the right time to buy bitcoin? I think yes, because bitcoin returns at $ 9,000.
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October 23, 2019, 07:18:55 PM
 #72


Source Image : https://coinmarketcap.com/currencies/bitcoin/

Look what happened today bitcoin fell to $ 7,500 in my opinion this has gone down badly but don't know according to experts how to see it.
Is this the right time to buy bitcoin? I think yes, because bitcoin returns at $ 9,000.
Well, I don't think buying bitcoin now is a good idea because it appears the cryptocurrency market is going down. I think it is better to buy bitcoin when the market is going up instead of going down. If you look at the market now you can see the entire cryptocurrency market trading volume is dropping and that is not a good sign for buying bitcoin.
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October 23, 2019, 11:24:43 PM
 #73

Well, I think much better to buy bitcoin today since the price drop down so that you can be able to buy it at a cheaper price and don't wait for tomorrow or in the next day because as well all know bitcoin price is volatile so it may rise or fall from time to time. This is the perfect time at a point of buying while Bitcoin price having a correction again and it will suffer when it comes to recovering the price. I saw an article of the next halving next year I think that gives us to have courage in holding for the long term. Indeed, this is a buying point.









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October 23, 2019, 11:44:20 PM
 #74

That is good graph showing to buy bitcoin today, but form me last week is the best opportunity to buy bitcoin the price is drop at 7500$ down.
But of course people have different strategies and ways how to make profits timing is the best way to get earn in bitcoin.
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October 23, 2019, 11:52:28 PM
 #75

Welp! The OP's chart shows the buying opportunity is around $7,700 and now the current price of Bitcoin is $7,400. And also many are expecting the final crash to go to the high $6,000. If indeed a descending wedge, the lowest price would be around $7,000 in the first week of November.

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October 23, 2019, 11:58:51 PM
 #76

If you look at the market now you can see the entire cryptocurrency market trading volume is dropping and that is not a good sign for buying bitcoin.
The trading volume has picked up a lot today, but I'm sure it will drop significantly when we start to move sideways for a while until the next major moves resets the price higher or lower.

It's always the same when it comes to how this market behaves during a corrective phase.... the longer corrective phases drag on the lower the volumes will be, even when there are big moves that wake the market up.

The reason is that people don't want to touch an asset that tanks, so they either wait or just shift their focus completely and leave until they see Bitcoin make new highs on their local news tv channel.

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October 24, 2019, 01:02:58 AM
 #77

Welp! The OP's chart shows the buying opportunity is around $7,700 and now the current price of Bitcoin is $7,400. And also many are expecting the final crash to go to the high $6,000. If indeed a descending wedge, the lowest price would be around $7,000 in the first week of November.

I strongly agree that there is now a recommendation to buy. Because the price is under $ 7700, but if
want greater profits obtained can wait for prices below $ 7000 to buy. But I predict bitcoin it will still go
down to the area above $ 6000. But please re-analyze and make a decision so that you do not FOMO.

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alan2here
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October 24, 2019, 01:43:43 AM
 #78

Welp! The OP's chart shows the buying opportunity is around $7,700 and now the current price of Bitcoin is $7,400. And also many are expecting the final crash to go to the high $6,000. If indeed a descending wedge, the lowest price would be around $7,000 in the first week of November.

I strongly agree that there is now a recommendation to buy. Because the price is under $ 7700, but if
want greater profits obtained can wait for prices below $ 7000 to buy. But I predict bitcoin it will still go
down to the area above $ 6000. But please re-analyze and make a decision so that you do not FOMO.
Our predictions are often inaccurate in this market so I can be sure whether the price increase or decrease depends on BTC holders the most because they can manipulate this market. In my opinion Bitcoin this year does not have many opportunities to increase prices because this year people have had more experience in trading and have learned a lot from this market.

I think in the near future we can only observe the volatility of Bitcoin and should be patient instead of investing because this market is currently very risky.

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strunberg
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October 24, 2019, 01:59:15 AM
 #79

Welp! The OP's chart shows the buying opportunity is around $7,700 and now the current price of Bitcoin is $7,400. And also many are expecting the final crash to go to the high $6,000. If indeed a descending wedge, the lowest price would be around $7,000 in the first week of November.

I strongly agree that there is now a recommendation to buy. Because the price is under $ 7700, but if
want greater profits obtained can wait for prices below $ 7000 to buy. But I predict bitcoin it will still go
down to the area above $ 6000. But please re-analyze and make a decision so that you do not FOMO.
i am still confidence bitcoin price will test two strong support. 1st support on around $7000 , this is the nearest support that maybe could touched in near time. Best buying recomendation in my opinion on level $5700 . With less risk and maximum profit potency we will earn gain. When see price drop, dont ever thinking this level was be best price and never to met again in future.


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bassbity
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October 24, 2019, 06:31:39 AM
 #80

Well, I think much better to buy bitcoin today since the price drop down so that you can be able to buy it at a cheaper price and don't wait for tomorrow or in the next day because as well all know bitcoin price is volatile so it may rise or fall from time to time. This is the perfect time at a point of buying while Bitcoin price having a correction again and it will suffer when it comes to recovering the price. I saw an article of the next halving next year I think that gives us to have courage in holding for the long term. Indeed, this is a buying point.

But I'm actually still hesitant to buy bitcoin today, yesterday the price of bitcoin is $ 7,543 and today $ 7,461 will it go down to $ 7k in the next 3 days? and I see that the whole cryptocurrency market has decreased a lot, but I don't care about altcoin, the most important thing is where is bitcoin going?
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