julius caesar
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February 16, 2020, 11:52:20 AM |
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Based on the some predictors and some analyst, the next value of bitcoin might become $100,000. They say that it is based on the previous halving. They saw a pattern on what will be the next value of bitcoin and that is the result of it. Lets just wait what for what will happen. Lets hope that there is some cases that will make the value of bitcoin to rise up even more.
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jarhed
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February 16, 2020, 05:10:53 PM |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
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pixie85
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February 16, 2020, 05:36:14 PM |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
If it hits 20 thousand it will not stop there. 10 is a strong level of resistance that was hit and sometimes even overshot multiple times and the more we stay at a given level the stronger it becomes. 20 is not some psychological barrier. If we go there people will see it as a big bullish sign and keep buying because in the past bitcoin always moved up after touching the previous ATH. I'd be happy with 20 but 80 is an incredible gain. More like a dream come true for most of us than "only 80" |
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dunfida
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February 16, 2020, 06:58:57 PM |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
If it hits 20 thousand it will not stop there. 10 is a strong level of resistance that was hit and sometimes even overshot multiple times and the more we stay at a given level the stronger it becomes. 20 is not some psychological barrier. If we go there people will see it as a big bullish sign and keep buying because in the past bitcoin always moved up after touching the previous ATH. I'd be happy with 20 but 80 is an incredible gain. More like a dream come true for most of us than "only 80" We should really be at least realistic into our target towards btc price.We should think up first on how to reach its previous ATH before going to higher numbers. 30k usd per coin is already a big thing.How much more on 80k? I dont really believe into any analyst keep telling that this would might be the peak price or whatsoever. Just go with the flow and utilize movement to make profits.This is my primary goal no matter what would be the trend. |
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KTChampions
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February 16, 2020, 07:10:44 PM |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
If it hits 20 thousand it will not stop there. 10 is a strong level of resistance that was hit and sometimes even overshot multiple times and the more we stay at a given level the stronger it becomes. ~ I think that the previous ATH (20k) will be the strongest level of resistance since everyone will be afraid of repeating the 2018 scenario. Plus, we should not forget about those who bought bitcoin at the maximum price and when the opportunity arises, they will sell it in order to return their money back. |
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pixie85
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February 16, 2020, 09:14:49 PM |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
If it hits 20 thousand it will not stop there. 10 is a strong level of resistance that was hit and sometimes even overshot multiple times and the more we stay at a given level the stronger it becomes. ~ I think that the previous ATH (20k) will be the strongest level of resistance since everyone will be afraid of repeating the 2018 scenario. Plus, we should not forget about those who bought bitcoin at the maximum price and when the opportunity arises, they will sell it in order to return their money back. People were saying the same thing after 1000 dollars. I read that it's never going to happen again because it was all fake pump made by Mtgox willy bot and that all those bagholders who bought at that level will be waiting to unload if we ever come near that level. The truth is that all 1000 dollar bagholders from 2013 were long gone when we hit that level again in 2016 and 1000 was no resistance at all. |
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indijim
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February 16, 2020, 10:44:42 PM |
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I don't know. I know I hear a lot about Bitcoin going to $100,000, but that requires a lot of new people to start buying crypto, and a lot of those people were burned when it hit $20,000. People doing things like selling their houses.
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KTChampions
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February 17, 2020, 08:37:07 AM |
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I think that the previous ATH (20k) will be the strongest level of resistance since everyone will be afraid of repeating the 2018 scenario. Plus, we should not forget about those who bought bitcoin at the maximum price and when the opportunity arises, they will sell it in order to return their money back.
People were saying the same thing after 1000 dollars. I read that it's never going to happen again because it was all fake pump made by Mtgox willy bot and that all those bagholders who bought at that level will be waiting to unload if we ever come near that level. The truth is that all 1000 dollar bagholders from 2013 were long gone when we hit that level again in 2016 and 1000 was no resistance at all. Perhaps you are right, but we should take into account the fact that these events, although similar, occurred at different levels of popularity and, most importantly, bitcoin capitalization. Therefore, this time everything can happen as I said. |
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coinfinger
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February 18, 2020, 02:14:04 PM |
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There is a financial resistance level and there is a psychological resistance level, those are two different things. Normally what a regular financial resistance level is, we all know that, there are sells there and we have to break those orders and buy them and make them smaller and smaller until we actually go beyond it and buy above, that is doable and that is easy because as long as there are people who buy, those levels will be tored down very easily.
However, what is very difficult is to actually break down the psychological resistance, just to give an example this current 10k level is one of those, we had a lot of "above 10k, below 10k, above 10k, below 10k" things in the past as well and we do have it now too. I know we only touched 20k and went down but if we ever reach back, that will be like that as well.
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Williams_Leo
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February 18, 2020, 02:38:57 PM |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
Well, if bitcoin reached $ 20k, I would soon have sold it and given up the thought of the $80k price because this market is never as expected, analysts who are not the owners of this market, whales with a huge amount of money are managing bitcoin, they can calculate the costs and risks when they pump bitcoin prices up. That's why I feel bitcoin will not go too far, it's just stable or higher than the $20k price levels, prices are too high for those who are psychologically weak, they will constantly dump, whales cannot compensate for these damages, so can not pump bitcoin too high |
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