Market Forecast

[jets567]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

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[electronicash]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

wait for days before buying, the price could dip to $8500-8000. buying at such price is a bargain.  the weekly chart is looking very positive to me so the price will probably go up easily if my reading is right. i'd lose another trade if its not correct.

Prices continue to be like this in the last 2 weeks more stable but we have to know when facing bitcoin at this time in the future it will bounce as expected or it will go down unexpectedly, so we have to risk what will happen later, but I expect this to be more stable at $ 9500.

It was like this and there will be a sudden drop or pump. Right now, as you can see there's a $200 drop as I've thought it's going to reach back $9,300 but it seems it's on a stopover to its support.

$8,800 - $9,000 is likely the stable price of it currently. If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

its about to break so cross your fingers.  $200 drop is not sufficient for profit taking. below $8500 would be a good entry point.

[jrrsparkles]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

Seems like the chart is still in downwards so it may not be the right time for short term trader,they should analyse the market more for short term benefits as above post mentioned there is chance to fall below $8500 so make this as price to buy and wait for the price to hit $10K.

[Hamphser]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

Seems like the chart is still in downwards so it may not be the right time for short term trader,they should analyse the market more for short term benefits as above post mentioned there is chance to fall below $8500 so make this as price to buy and wait for the price to hit $10K.

I didn't expect this drop, i thought the market will be stable at the $9,000 range. I think someone predicted it right that there will be a dump but i don't think this as a dump yet. Seems like a normal movement of the market so far. I'm expecting bitcoin to be more stable after this somehow it should stay the range of $8,500 to $9,000.

[Febo]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

Seems like the chart is still in downwards so it may not be the right time for short term trader,they should analyse the market more for short term benefits as above post mentioned there is chance to fall below $8500 so make this as price to buy and wait for the price to hit $10K.

I didn't expect this drop, i thought the market will be stable at the $9,000 range. I think someone predicted it right that there will be a dump but i don't think this as a dump yet. Seems like a normal movement of the market so far. I'm expecting bitcoin to be more stable after this somehow it should stay the range of $8,500 to $9,000.

It can go under $8000 easily. sub $7000 will be harder but of course possible. We will have to wait for next year for better times.

[AliMan]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

I don't expect this price to have a glitch that will reach a certain value of $8000-$9000 range, but as the unpredictability kept breaking each prediction, have no choice but to wait further. That's always a possibility and there are no such things as assurance for this price to be more effective, hence we're not in control of the current market movement. Be careful when entering the opportunity given by the dip, because we might not consider the capability of the coins which we're going to purchase. Always focus on bitcoin and just set aside the idea for other crypto investments for now while were not yet stable.

[sunsilk]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

Yeah, I guess I'm right with that $8,800 but I'm starting to feel weaker now and there's still a tendency that it could go lower. But as much as we want it, it should be retained there and it's now a sign of buying.

I don't want to rush about the bounce back to $10,000 because it even struggled to reach $9,500 last time which I understand that it lacks of some triggering effect.

its about to break so cross your fingers.  $200 drop is not sufficient for profit taking. below $8500 would be a good entry point.

For long termers, $8,500-$8,800 is a good entrance.

[aysg76]

We don't need to rush to conclusions and stay calm in these manipulative situations.Btc has shown some growth signs breaking the $8500 zone and rise to $9500 within few days but we might see another correction before the actual pumps which could push the prices to another level and it will cross $10k by the end of 2019.We should not be afraid of such minor hurdles in its path as it will jump over them and rise to $15-$20k next year.So just HODL.

[piebeyb]

we still have 1 to 2 weeks to get really at the price of 10k, at least it doesn't go down below 8k in the next 2 weeks, I used to use the MACD and STOCHRSI indicators for 1W so I think it still needs 1 to 2 weeks ahead whether it will really took the 10k step

[YuginKadoya]

I guess it is unlikely to penetrate the mark $9300 USD but maybe we can keep up only to $9600 or $9700 for the matter until the year ends

That's probably going to be the case, and I don't really expect a major rally by the end of the year.  I've been pinning my hopes on something major happening in 2020.  In any case, it couldn't be a worse year than 2018, right?

I am sure delighted with the price than what happened to the year 2018 of November back then the price of Bitcoin if I am not mistaken was at $4200 USD back then and on June 2019 the price pump to $10,900 USD so this indication I think this year would just stay in this level, but like you I am surely optimistic on what may happen on 2020.

Bitcoin is holding ground at $9,000++ until this November. I am seeing $10k++ to $12,000  this December and slightly going back to 9k during the Holiday season. Next year the first quarter is exciting as we prepare for halving, more actions es expected. But at $9,000 seems it is consolidating, hope there's little resistance to this range.

I guess it will stay in the humble ground of $9000 USD, Even though the price has dropped to $8800 USD I guess it will come back again to $9000 USD and will stay until the end of this year, but surely many are expecting the halving and also expecting a good thing in the year 2020.

[candy27]

We don't need to rush to conclusions and stay calm in these manipulative situations.Btc has shown some growth signs breaking the $8500 zone and rise to $9500 within few days but we might see another correction before the actual pumps which could push the prices to another level and it will cross $10k by the end of 2019.We should not be afraid of such minor hurdles in its path as it will jump over them and rise to $15-$20k next year.So just HODL.

Where is the money going to come from for the pumps? Retail investors seem to be wary and institutional investors have got burned in the last year or two.

[henmark]

If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.

Bitcoin is trading around $8,800 at the moment and I think you're right about buying it below $9,000 because there is a high possibility that it will bounce back to $10,000 or more in just a few days so I think its a good call to buy now if your goal is short-term and I'm very positive that this sudden dip is good opportunity.

Every time that there is a retrace, I think that there is a plan for bitcoin to actually pump in value which I believe that the bulls are really preparing for, but since the dump was just little, it would be best we still wait to see if the value will drop further, because sometimes the moment that the market shows a sign of retrace, it is usually a deep one, like up to $1000 retrace value sometimes, which would also be a very good time to buy if the market dips more than this, the higher the dip, the more that profit that the investors or trader would made.

I still have this very strong feeling and conviction that the value of bitcoin will cross to $15000 at the end of this year, and that is going to be my main focal target for the year, probably with this, I would be able to get some money that I will spend for the new year to come.

[Freddy11]

Bitcoin had a very bad week with it going down towards 6400 levels, but pulled equally well to nearly 8000 levels, and today it’s trading at 7500, it will be interesting to see how it develops. However, most likely the scenario seems to be going for higher zone, so that could make it for good buy.

[Freddy11]

Ethereum was down to 130 this week before pulling up to reach 150 zone. Right now, it’s around 150 level, and is highly likely to build from here. But it could be extremely challenging for us to trade on this unless we are using very strong money management. So that is really where our focus needs to be to gain.

[Freddy11]

Litecoin was down to 40 levels this week but recovered to reach 50 levels, but we again watching it slide towards 45 levels. It could be a good time to buy in but it’s required to be done as a long term measurement to be able to gain through.

[Freddy11]

Bitcoin Cash was down in a major way towards 190 levels but we did saw it recovering to reach 220 levels. It will be highly interesting as where things are going to head ahead but right now signs are that we might see it reach towards 250 levels in long run.

[sunsilk]

Bitcoin had a very bad week with it going down towards 6400 levels, but pulled equally well to nearly 8000 levels, and today it’s trading at 7500, it will be interesting to see how it develops. However, most likely the scenario seems to be going for higher zone, so that could make it for good buy.

A bad week but also a blessing in disguise whoever bought during that period can now relax. They might want to sell already or keep holding. $7,800 was the highest that I've seen this week and I thought we're breaking $8,000.

But I guess we have to wait a little longer. December is approaching and what would be the fate of bitcoin by this month. 

I'm very positive no matter what.

[darkangel11]

I think we could not be going to higher levels but rather down to confirm the bottom again. We are still in the same downtrend for months and could not go above 8k again.
Most traders were saying that there are 2 likely scenarios for bitcoin. A bullish one where we go to 8500 and then higher because we're out of the downtrend, or a bearish one where we touch 8k and are unable to break it. We couldn't even do that and got rejected at 7800. If this continues and we don't get another leg up towards 8k we're going to go back to 6,5k before the end of December.

[Savemore]

Just trade with bias. What do I mean bias? Tradr where your plan happened. There is no specific setup that can help you to win in trading just focus on trading setups that is suitable for you. Tell yourself if you are a momentum trader, range trader or are you the one who play bounces. Bitcoin is still consolidating but there is a high chance of breakout in $8000. I'm a range trader and I bought bitcoin at it dips and I plan to sell it after the breakout or if Zmy bias did not happen.

[Visbay]

Bitcoin Cash was down in a major way towards 190 levels but we did saw it recovering to reach 220 levels. It will be highly interesting as where things are going to head ahead but right now signs are that we might see it reach towards 250 levels in long run.

That's nice to see that price is now again getting good more people are being aware of it so it’s getting better now. The Bitcoin graph remains so volatile as it makes money for the people who keep patients at falling prices. As much as I know bitcoin has a high number of people who want to buy even if it's fallen as they know the price graph is going to rise with double demand.