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Author Topic: BTC which price it's heading next?  (Read 1106 times)
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December 23, 2019, 10:58:19 AM
 #41

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh
If BTC is still stable at $ 7500 in the near future, I believe that BTC will soon break up and we will see BTC at $ 10,000 before halving.This is just my prediction and it is likely It doesn't come true, but I hope the price of Bitcoin will go up in 2020 so that investors like us will get a profit.

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December 23, 2019, 11:46:30 AM
 #42

Price is quite bullish just looking near term its passed a number of negative measure to momentum and trend.    We have quite a bit of speed and are distant from even the 2 day average price so far.




Go negative below 7440 or so but it has risen from that area just today.   Bullish past this recent high which is near to 50 day average I think, 7700 or so.

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December 23, 2019, 12:26:38 PM
 #43

12,000 USD to 13,000 is a huge amount but that is where it came from June - August of this year.
I bet it could go back there after the halving.
That is May right? So again, it might be June - July into which bitcoin will gain another pump.
The market might be volatile but it did stayed at those price for a long time and I though it is going to be the start of a steady market.
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December 23, 2019, 02:40:22 PM
 #44

12,000 USD to 13,000 is a huge amount but that is where it came from June - August of this year.
I bet it could go back there after the halving.
That is May right? So again, it might be June - July into which bitcoin will gain another pump.
The market might be volatile but it did stayed at those price for a long time and I though it is going to be the start of a steady market.
from history after halving usually increases, we can wait and buy it before halving, surely the price will be cheap, yesterday bitcoin has also been cheap at $ 6500 and I bought it

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December 23, 2019, 04:15:31 PM
 #45

By the time I write this review the price of bitcoin has reached $ 7623 and is likely to go higher. Because the bitcoin price rises it seems like everyone will have a merry Christmas this year.
I think bitcoin will go up to $ 7900 then it will go down, it's hard for bitcoin to rise beyond $ 8k by the end of this year.


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December 23, 2019, 04:20:02 PM
 #46

I think bitcoin will increase to $ 8k2 in this price increase.
Previously someone told me that bitcoin usually increases at Christmas but I don't believe him. If I trust him and buy when bitcoin is low, maybe I will make a big profit.


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December 23, 2019, 04:45:30 PM
 #47

I think bitcoin will increase to $ 8k2 in this price increase.
Previously someone told me that bitcoin usually increases at Christmas but I don't believe him. If I trust him and buy when bitcoin is low, maybe I will make a big profit.
With all of that speculation you won't get the closest price range that you are expecting. Bitcoin is extremely unexpected when predicting where it would jump for its next price. Luckily the price this week is enough to hold the support level without dropping to the $6k level.

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December 23, 2019, 05:10:46 PM
 #48

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh
During the last week the price of bitcoin has been trapped between 6500 and 7500, we have reached the upper limit of that range so it will very interesting to see what happens next, if the price keeps going up we could see a breakthrough and bitcoin will reach 8000 dollars again but if we don't then most likely the price will return to a a level closer to 7000 which will leave the door open for the bears to once again to try to make the price to go below 6500.
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December 24, 2019, 03:07:49 AM
 #49

There is a sharp rejection from the area 7.6k to 7.7k, probably a lot of seller pending orders there. This week volatility will be low. i think the real action will come in in Jan
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December 24, 2019, 03:34:20 AM
 #50

of course everyone hopes that bitcoin will continue to increase. so they can benefit. but in reality the value of bitcoin is stable at $ 7000. hopefully the beginning of the new year later bitcoin starts pumping again and reaches a price of $ 13,000. and almost all bitcoin holders expect bitcoin to reach $ 20,000 after bitcoin is reduced by half in May 2020. hopefully 2020 is the year for the bull market.

 
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December 24, 2019, 04:09:48 AM
 #51

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh
from $7,600 today it dumped to $7,200 again so i think?we are heading bad till next year and until after halving if this scenario continues .though i am hoping not to come bad because there are many people looking for good new year.

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December 24, 2019, 03:36:39 PM
 #52

Many have generated funds for Christmas celebrations in the latest bull run. Its bitcoin gift to those who invested their money along with love in bitcoin. I planned to buy at 6000$ but bitcoin made a strong run from 6500$.
To OP question, nobody can answer wt will be bitcoin next price. It can be anything.

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December 24, 2019, 04:38:53 PM
 #53

Many have generated funds for Christmas celebrations in the latest bull run. Its bitcoin gift to those who invested their money along with love in bitcoin. I planned to buy at 6000$ but bitcoin made a strong run from 6500$.
To OP question, nobody can answer wt will be bitcoin next price. It can be anything.

I'm not getting to think that it will drop down below $6k. We've been stopped at $7k for many days besides, were moving high a little bit even mostly we think that it dumps this time since most people are selling their Bitcoins for them to spend this holiday season. But the amazing thing is that the market manages to hold at strong $7k.

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December 24, 2019, 06:12:53 PM
 #54

Speculation can be done but we cannot assure the whst is the exact price we Gonna see in future.

We can understand the situation now and I believe we will find the Bitcoin value goes to low again. If the value goes green also we might get it because of holiday bumps.

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vendetta009 (OP)
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December 26, 2019, 02:07:21 AM
 #55

BTC retrace to the $7.2k level, most likely will form another bullish leg up before going down? opinion on this?
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December 27, 2019, 07:08:58 AM
 #56

in my opinion it is very difficult to predict the price of bitcoin because bitcoin can go up and down anytime without reason. and during this week the price of bitcoin is in the range of $ 7200. and in my opinion until the beginning of 2020 bitcoin will remain at the resistance level at a price of $ 7200 - $ 7600. hopefully in the second month there is good news that encourages and supports bitcoin. so that the value of bitcoin can start rising in February 2020. I really hope that next year bitcoin can reach $ 14,000.

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December 27, 2019, 07:36:28 AM
 #57

No one could predict accurately but it's good thing to speculate since that's the less we can do for now and maybe we will expect a rise up next since block halving known to be a good pump. And I don't want to give an exact figure but the one I hopes is we could see a 5 digits when 2020 cames.

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December 27, 2019, 11:32:08 PM
 #58

Looking at what has happened in the past 10 days, bitcoin rivaled going under 7 thousand dollars, moved upwards to 7500 levels (got very close) and now back on closer to 7 thousand dollars once again. I am not entirely sure what bitcoins next direction will be but it looks very very stuck. It can't go up, it tried but there was a huge sell pressure that made sure it dropped back and didn't go above 7.5 thousand dollars, it tried to go under 7 thousand dollars but everyone just got together and bought bitcoin as much as they could so they stopped that too.

Now, that we are stuck between 7 and 7.5, there is only one thing I am 100% sure will happen, a HUGE move. Anytime bitcoin price gets stuck at any price at all, the price just goes up or down like crazy, and I mean 30%+ moves, so I am not sure about the direction but I am 100% sure it will make a 30%+ movement out of nowhere suddenly.

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December 28, 2019, 05:31:39 PM
 #59

Looking at what has happened in the past 10 days, bitcoin rivaled going under 7 thousand dollars, moved upwards to 7500 levels (got very close) and now back on closer to 7 thousand dollars once again. I am not entirely sure what bitcoins next direction will be but it looks very very stuck. It can't go up, it tried but there was a huge sell pressure that made sure it dropped back and didn't go above 7.5 thousand dollars, it tried to go under 7 thousand dollars but everyone just got together and bought bitcoin as much as they could so they stopped that too.

Now, that we are stuck between 7 and 7.5, there is only one thing I am 100% sure will happen, a HUGE move. Anytime bitcoin price gets stuck at any price at all, the price just goes up or down like crazy, and I mean 30%+ moves, so I am not sure about the direction but I am 100% sure it will make a 30%+ movement out of nowhere suddenly.
I am of the same opinion, when the price seems to go nowhere that is a very clear indication that something big is coming, and it is very easy to see that this holds true if you look at the previous charts, but as you say we do not really know the direction of this movement, if it is positive it could be the beginning of the end of the negative trend that we have seen during the last months but if it is negative it will be confirmation of the current trend and it will tell us it will take a lot of time to get out of it.
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December 29, 2019, 09:05:02 AM
 #60

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh
How come if bitcoin back above $10k are any one agree and believe with bitcoin can raise with higher price again, maybe not all believe with bitcoin can break limit with higher price above $10k because many people still not get positive way how to make bitcoin keep exist with higher price, in other side bitcoin never break with higher price again.
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