Bitcoin go to $8000 soon look this fractal

[pixie85]

It can go to 8000. I saw a number of youtube traders talking about it. 8000 is the top of the downtrend channel and breaking it would mean a bullish reversal is coming. The bottom is around 5000 so if we don't break it we will probably go to make lower lows and continue our way down.

Since everybody is talking about it you can expect a lot of shorts to form before we touch 8 thousand that can make us reverse earlier. Maybe 7900 that we touched will be that level?

[DevilSlayer]

$8000 is a psychological resistance, if the price goes up to $8000 then there is a role reversal that will happen and for me it is a good sign. If the price consolidate with $8000 then I can say that theyre is willing buyers in that area and I will also buy if that happen. The risks and reward ratio is also good if my bias will happen.

[yulionoo]

I'm pretty sure bitcoin will soon reach $ 8000 because since yesterday it started to increase again and now the price has reached $ 7800. maybe tomorrow or the day after tomorrow the price of bitcoin has reached $ 8,000. if this good situation continues at the end of this year bitcoin can reach $ 10,000. bitcoin is very volatile if we can utilize bitcoin volatility well we will get a big profit.

[Jating]

I wouldn't be surprised if we see bitcoin touching $8k. I thought that the resistance in the $7600-$7800 will be that great that it's going to be a psychological barrier. But look at the current price, some exchanges reported the price to be above $7800 so it's going to be interesting what's going to happened in the next 24 hours.

I do hope that this is not another bull run otherwise we will plunge to another lows in the coming days. So let's continue to observe if we are going to have another break out run to $8k.

[piebeyb]

THIS IS A VERY BEAUTIFUL FRACKTAL BY @Stillman_Crypto




I think everyone should know this fractal, bitcoin is already below and will soon recover quickly above $ 8000.
I found this chart on https://www.newsbtc.com/2019/11/27/eerie-bitcoin-fractal-suggests-bottom-6600-surge-8000/

I don't think there is any time for the train to run slowly, it won't even touch the bottom wall, I just reminded that we are at the end of the year entering December, there is no time but to go bloody and reach ATH gradually, no matter what people say about prices below, let's see that everything will recover, if prices continue to be maintained until next Monday, it will continue to rise in the next few weeks

[Oasisman]

$8000 is a psychological resistance, if the price goes up to $8000 then there is a role reversal that will happen and for me it is a good sign. If the price consolidate with $8000 then I can say that theyre is willing buyers in that area and I will also buy if that happen. The risks and reward ratio is also good if my bias will happen.

The willingness to buy from retail investors are always there, as the price slowly recovering from a $2,000+ price plummet. The sudden fall of Bitcoin maybe played by market manipulators so they could buy at a lower price as well.
Now, as we are getting closer to the Bitcoin halving, I dont think Bitcoin will drop below $7,000 level again. Specially now that we are about to enter the last month of the year.

[alexsandria]

Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.

[wildan88]

Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.

but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.
halving is not just hype, but history proves it can make prices move higher.

[Serco]

Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.

but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.
halving is not just hype, but history proves it can make prices move higher.

bitcoin price now looks good , slowly bitcoin price increase and now reach on around $7700 . if there is no more fud , this movement could maintain and back to above $10k again. From previous history , halving proves  make bitcoin price higher . mining reward really influence bitcoin price in market. Its make supply in market decrease alot ,meanwhile demand growth massively.

[aardvark15]

I think the bottom could be in.  Since we are approaching the halving in a few months, I expect Bitcoin’s price to start to increase soon an double by the halving.

[Free1bitco.in]

but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.
halving is not just hype, but history proves it can make prices move higher.

in general, from the current price, bitcoin is short of $ 500 before returning to the level of $ 8000 and I think it's just waiting for the moment until the price of the bitcoin pump goes to that level. but it seems at the beginning of this December, the price of bitcoin will only be stable at the price of $ 7600 - $ 7800. I believe that after December 5, we can see whether the price of bitcoin will go up, or down. that is my predict before the chart starts surging again.

[AakZaki]

from now less than $700 to reach $8,000, I think that's very likely to be achieved this month. and I am confident in my prediction, last February I made a technical analysis.
I was motivated to make a long-term technical analysis, previously in 2018 ago I also made a thread HERE

Try to see the picture below.

[Swordsoffreedom]

from now less than $700 to reach $8,000, I think that's very likely to be achieved this month. and I am confident in my prediction, last February I made a technical analysis.
I was motivated to make a long-term technical analysis, previously in 2018 ago I also made a thread HERE

Try to see the picture below.

All credits to you for your January 2018 prediction of long lasting bear market. But what is your February 2019 prediction based on? You predicted change of trend and $8000 in December 2019 which is quite accurate but you didn't expected 13,000+ on the way. So do you have a new long term prediction based on newer data? Would love to see it.

[btc_angela]

We almost did touch $8k, as far as I know the price seems to hover to $7800 in the last 48 hours or so, unfortunately, it went back down to $7300 again. I guess $8k is a big wall and psychological barrier for now at we can't get this hump over. But I'm still positive that we can breach this price in December and hope that we can at least break into the 5 digit before the year closes.

[AakZaki]

All credits to you for your January 2018 prediction of long lasting bear market. But what is your February 2019 prediction based on? You predicted change of trend and $8000 in December 2019 which is quite accurate but you didn't expected 13,000+ on the way. So do you have a new long term prediction based on newer data? Would love to see it.

In my 2018 statement I said, I saw patterns and history in the year before it. so for the 2019 analysis this is the same as I see patterns and history and some indicators as tools I predict. and maybe if my analysis in 2019 is correct in the range of $ 8000 this month. I will make another long-term analysis next year.

and you ask why not 13,000$? because in my opinion it's not possible, after I saw the TA there are no indicators that allow for the price of 13,000$.

[karanggatak]

everything is possible in the bicoin market. at the moment the price of a $ 7400 bitcoin is actually just waiting for $ 600 we can reach $ 8,000. but if the bitcoin market like this goes up and down it will be quite difficult to be able to reach $ 8,000.
a few days ago the price of bitcoin has reached $ 7800 then dropped again to $ 7200. the bitcoin market is very volatile.

[jcpone]

THIS IS A VERY BEAUTIFUL FRACKTAL BY @Stillman_Crypto




I think everyone should know this fractal, bitcoin is already below and will soon recover quickly above $ 8000.
I found this chart on https://www.newsbtc.com/2019/11/27/eerie-bitcoin-fractal-suggests-bottom-6600-surge-8000/

The market was remain unpredictable, so the bottom line is the graph is not precise what is telling it to us. In fact, the price of bitcoin so far as you can see was still below at 8k$ which is 7500$ something, were instead of selling better to buy then hold until it bounce the price again in the market.

[jostorres]

Uncertain about this specially we are yet to start the last month of the year. Because usually price starts to change at the end or in the middle of December. I am not saying it is not possible but the thing is, it become norm to the point that it happens every year. Though still hoping for market's fast recovery. Pushing upwards ain't that tough since halving is near to come.

but it's real I think bitcoin will recover to 8000, currently, at 7700, it should be easy to push up, maybe that happens in the early weeks of next month.
halving is not just hype, but history proves it can make prices move higher.

I am positive about the most part you said but this time I see a new pattern in the market, every time the price does up it is followed by a serious bearish decline. I know it's common but this time around the bearish decline is quite heavy, earlier when price goes up it was followed up by a small bearish fall just to make things stable and average because its law of averages that something cannot just go higher and higher.

This time it's some serious market pattern and I suggest every holder to keep an eye on it, with fingers crossed like I does. Still, positive about the price but just keep an eye on what's happening because it's creating new trends and market charts this time around.

[Bossian]

If the fractal posted by NebraskanGooner on Twitter keeps being accurate, it means BTC will go below 7k again very soon, and again it will test the 6.4k resistance.
And if we still trust this fractal, there should be an immediate bounce back from 6.4k to 8k area (even if it looks unlikely at the current time).

Quote me in about 1 week  

[matchi2011]

everything is possible in the bicoin market. at the moment the price of a $ 7400 bitcoin is actually just waiting for $ 600 we can reach $ 8,000. but if the bitcoin market like this goes up and down it will be quite difficult to be able to reach $ 8,000.
a few days ago the price of bitcoin has reached $ 7800 then dropped again to $ 7200. the bitcoin market is very volatile.

That's the only thing we can expect as volatile market keeps moving up and down. We can't say whatever directions this flow will bring our investment
but keep hoping for the best and be ready at the worst. There's always good possibilities that it will go up before it will dump down again. Good assessment and a patience to keep yourself surviving inside the market.