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Author Topic: The price of BITCOIN will increase  (Read 324 times)
Lucius
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February 17, 2020, 03:03:34 PM
 #21

One tip for anyone involved in this kind of discussion, check out OP post history first to avoid unnecessary questions.

Some days ago, the OP wrote or copy/paste the following:

As an analyst, I analyzed the causes of the rise of Bitcoin and analyzed seven reasons.
It is as follows.

1. BTC recently took the monthly price support of the key 21-month exponential moving average, then closed above the 10-month exponential moving average. This was underscored by the fact that Bitcoin scored a higher high in the monthly close, killing the downtrend.

2. Bitcoin’s weekly Relative Strength Index (RSI) recently moved above the key 55 range, which has historically been an inflection point for the market; when the RSI is above 55, BTC is technically in a bull market.

3. The leading cryptocurrency has moved above the 200-day moving average. I think that this is a sign of a bull market, and Fundstrat’s Tom Lee agrees.

4. The 50-day exponential moving average and 200-day exponential moving average recently saw a bullish cross.

5. The weekly Super Guppy indicator has started to trend green, something that preceded historical bull markets.

6. Bitcoin’s Ichimoku Cloud has crossed into green, suggesting a bull trend.

7. The halving is taking place soon, which should help boost prices in the long run due to a strong decrease in incoming supply, affecting the supply-demand dynamics fo this market.

It is more than obvious that he is not intelligent enough to find his old topic, so he start new one. It is also quite clear that he is not an expert of any kind, so discussions like this don't lead anywhere.

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February 18, 2020, 02:09:24 PM
 #22

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
You’re not the first person to say this, a lot of people have already said the same thing. You don’t even have any proof to back up your claims that there will be an increase, but others that I have seen did post their graph that shows how they were able to come up with the conclusion that there is going to be an increase. If you post it here others can go through it and decide whether there are places you have made mistake or not.

I am not good at technical analysis of assets but I follow trends and events that will take place and I use them to decide whether there will be such. Just like last two years (2018) when I got to know that the next Halving will be 2020, I just believed that the next bull run might be this year.
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February 18, 2020, 03:07:05 PM
 #23

Clearly the price of bitcoin will increase rapidly.

It is true that Bitcoin shows an slightly increase but I don't think it was rapid, as a matter of fact, it just barely go up and became stable aroun $9-$10 zone.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
It is really amazing that you are able to got a result out from analyzing the trading chart but it would be much better if you will show us some of your analysis so we could make a decision out of it whether to buy right now or wait for it to drop.

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February 18, 2020, 11:50:30 PM
 #24

Clearly the price of bitcoin will increase rapidly.

It is true that Bitcoin shows an slightly increase but I don't think it was rapid, as a matter of fact, it just barely go up and became stable aroun $9-$10 zone.
when the price of bitcoin is stable at that price then the price will rise again when approaching halving because now halving will give a very good surprise, the mining will find it difficult to get bitcoin because the difficulty level to break the block will be increased and the bitcoin obtained will the least.

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February 19, 2020, 06:13:07 AM
 #25

Clearly the price of bitcoin will increase rapidly.

It is true that Bitcoin shows an slightly increase but I don't think it was rapid, as a matter of fact, it just barely go up and became stable aroun $9-$10 zone.
when the price of bitcoin is stable at that price then the price will rise again when approaching halving because now halving will give a very good surprise, the mining will find it difficult to get bitcoin because the difficulty level to break the block will be increased and the bitcoin obtained will the least.

Exactly, the supply of Bitcoin seems to decrease and the difficulty seems to be increasing. We are approaching to halving and it will not be easy to get the coins through mining, so definitely there is a chance to increase the price of Bitcoin.

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February 19, 2020, 03:51:17 PM
 #26

Rapid is the only thing that people are hang here, everyone agrees that price of bitcoin will increase, it may increase tomorrow or it may increase in 6 months or maybe in 10 years, we don't know when it will be (okay maybe not in 10 years, probably in few months at most) but we don't know when that will happen which is why not everyone buys bitcoin in bunches right now.

If we were certain when bitcoin will go up, we would definitely start buying bitcoin like crazy right now and you would see the price go up just because of it as well, however no one really knows whats about to happen. In the end make sure that you are invested wisely but also do not stay out because if you invest like a moron you will lose money but if you don't invest at all you will not lose money but also won't make any money as well.

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February 19, 2020, 11:19:03 PM
 #27

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.

Lol really that's your analysis.  "Clearly bitcoin will increase", seems legit let me run out and buy some.  Any reason why your charts are showing you an insta buy right now.  A little detail would make this thread a little more worth while.

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February 19, 2020, 11:44:01 PM
 #28

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.

Lol really that's your analysis.  "Clearly bitcoin will increase", seems legit let me run out and buy some.  Any reason why your charts are showing you an insta buy right now.  A little detail would make this thread a little more worth while.
Hahahaha. I like the confident of OP, he/she is so positive. Expect that for newbie members.

While Bitcoin now just dumped around $500+.
This recent dump took huge liquidation for bulls, even my trade got stopped out, jeez. A huge red candle.
On last few days, we already experienced tons of wicks for higher time frames.

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February 20, 2020, 01:01:29 AM
 #29

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
I wonder how you analyze it? do you compare prices every week, or do you have another method of analysis? other than that, the increase that occurred from January until now is not meant from a fast increase, and if you compare this every week, I think your prediction is a bit miss because right now the price of bitcoin is down from $ 10000 to $ 9600 again.
However, I want to support the theory you have if you explain it in more detail.

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February 20, 2020, 02:48:47 AM
 #30

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
can you give us some chart about that analyzation ?or at least  bring some proof of this Rapidly increasing?because what i have seen now is "rapidly decreasing" look at the market now https://coinmarketcap.com/currencies/bitcoin/ the Value of Bitcoin falls more than 5% in just a couple of hours and no indication of pumping back.so i think you are purely speculation and none of what you said is legit.
but i thank you for being positive but that is not what we need right now.because halving is near but direction of market is still unpredictable .

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February 20, 2020, 06:00:23 AM
 #31

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.

Some users were arguing about how you have briefly explained your analysis on your prediction.
You should've included some visuals/chart that supports your prediction/analysis.
As you can see, there are users who clearly presented their predictions through TA's with chart. That way your claim will somehow looks convincing.
Nevertheless, every predictions and analysis are all welcome.
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February 20, 2020, 09:13:58 AM
 #32

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.

We have some newbie positive thinker here.
That is good.

Being pessimistic will just worsen everything when it is included with tweets of different known person.
Keep that up. Trust bitcoin and have an effort to buy more or earn it. Anyway possible to make some just not with scams and evil deeds.
Good luck.
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February 20, 2020, 10:37:28 AM
 #33

No doubt. It will happen.
We saw it, it can happen. The question is just when.
I think that is the scary part of all and that is why we can see panic to different users here.
When someone posting FUD about bitcoin and they all suddenly log in to their preferred exchange and are getting ready to sell.
They want to be as a store of value so how come they are selling when just a little dump happens.
That is not how it should be.

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February 20, 2020, 10:49:31 AM
 #34

It would surely increase but the question is when and how much would it increase.
OP you've said that your statement was based on your analyzing skill on the previous charts then could you give us when and how much would it grow.

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February 20, 2020, 12:36:32 PM
 #35

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
the moment you posted this is indeed,Bitcoin price is really increasing rapidly but  today?the price decrease more than the increase this made few days ago.
i am starting to believe that market this past weeks are manipulated because we cannot even established a strong position at $10k ,it will pump today but will dump the next days.
It would surely increase but the question is when and how much would it increase.
OP you've said that your statement was based on your analyzing skill on the previous charts then could you give us when and how much would it grow.
those question has been laid for everytime yet answers cannot be found because market is Volatile and also there are issues of manipulation so to profit is by chance.
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February 20, 2020, 01:15:07 PM
 #36

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
Can you show your prediction here? Actually you are free to make any prediction and make a discussion about it on this forum, I really like it by the way.

Currently I have read an article that bitcoin will up again, that is because the golden cross. The article was stated that when Moving Avarage 50 get through the MA 200 in daily time frame here is for further information https://cryptopotato.com/the-golden-cross-is-here-the-last-time-this-happened-bitcoin-price-surged-165-in-2-months/

But when I saw the market right now, most of the coin price just decreased even have decreased a lot.
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February 20, 2020, 02:23:00 PM
 #37

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
Can you show your prediction here? Actually you are free to make any prediction and make a discussion about it on this forum, I really like it by the way.

It is just unbelievable to read something like this, after I tried to explain what this is really about. Doesn't anyone read anything else except the headline and the first post? Can you explain what you "really like it" in OP wisdom "the price will increase"?

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February 20, 2020, 08:16:19 PM
 #38

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
Today, the price went down to $9,500, can you explain what is going on? It seems that your prediction doesn't follow what it's supposed to be. It doesn't mean that the market started to look like bullish it will rapidly increase. Remember, we have whales who can easily manipulate the market. And one more thing, halving is way too far yet to assume a bull market.

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February 20, 2020, 09:59:12 PM
 #39

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
Analyzing the chart is not easy and if you can see the trend changes easily and we are down again but still the long term chart says that bitcoin is moving up compare last year. Yes, buy bitcoin while its cheap because any moment from now can be a big push for bitcoin. The corrections is ok, its part of the process and I also believe that the price will increase more this year.

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February 21, 2020, 01:56:26 AM
 #40

Clearly the price of bitcoin will increase rapidly.
I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
For sure bitcoin price will increase, but the question is when? No one can answer that accurately.

Many people often speculate the price will soar high with their specific price predicted but most of these predictions seems impossible to happen due to unrealistic price.

If you believe in bitcoin and its future then buy and dont mind others prediction. Its better to have our own analysis to further understand its volatility.

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