BITCOIN price ate all SL's above 7300$ and 7450$ way down opened

[STT]

10k in next 6 months is probably quite reasonable.

Year 2020 is when lots of bear position going to get liquidated.
Pepega

I think 2021 is when the movement is too great to ignore, 2020 might be when some bears are under water and incorrect in continuing to be negative on the price.   Being underwater doesnt mean they are giving up that bearish position.




Price right now is reacting to 50 day average and just this evening its pulled back a bit from that price and formed something of a top there, a pin.   I imagine we continue to stay below 7500 for now.

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[maxreish]

Expect small bulls but as we can see, it is hard to break the resistance level at $8000. However, with this upcoming days we can't really say if it will continue to improve to go up to the $8k level or will redump again below $7,000.

Anyway, at least there are small pumps happening and the coins are slightly increasing. We just have to hold before the major pump.

[danherbias07]

in my opinion bitcoin will experience a short-term increase, and if the price cannot get past 8000 it will probably decrease again, but that is just an analysis, it can be wrong, it can also be right, believe in yourself, don't follow other people's opinions too much.

Yes, there is still a resistance in going thru that amount.
$8k seems to be difficult to achieve even until now when halving is coming near.

People might still be spending by now.
We should wait until January before we could see large amount of pumps.
Right now all we could see is the movement from around 6.5 -7.5.

[el kaka22]

Considering there are a lot of resistance at around 9 thousand levels (couldn't figure out the exact price) we still have a long way to go to break those levels. I would love it if bitcoin could go up right away like it used to do but nowadays there are too much money involved and going up means a lot of money spent on increasing the price and not easy as it used to be.

Yeah, it is still not impossible, sure it is very doable in an unregulated market like bitcoin but at the end of the day as long as the amount of money sold around those levels increases, the amount of money required for those levels increases as well. After we break those levels tho, it is easier to go higher up, I know after spending all that money on making it that high may cause us to slow down but if we could break it and then continue it would be easier.

[barota]

prices tradable between 7000 usd and 7500 usd ; the market like stable ; the current prices or level can be the bottom ; every time people sell their bitcoin there is always other people who buy ; prices will rise above 8000 usd easy