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Author Topic: Let's see If BTC re-test 9500$ zone  (Read 460 times)
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May 27, 2020, 05:49:47 PM
 #41

It is "testing" it once again, it is not there just yet but its somewhere close and that is good enough right now, there is no way we are not going to be at $9.5k any time soon, will it go above? I don't know, maybe it will go up, maybe it won't but I know that it will definitely try its best to be there and test it at least.

The price was going down again and that caused a big of upset in the markets but right now we are doing much better and went above $9k once again, that shows me bulls are still around. Will they have enough money to take bitcoin up again? We will have to see. I think this time around it would be more about people not selling instead of people buying, that will be a bit different because it makes things escalate a lot faster than usual and I am very hopeful about it.

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May 27, 2020, 06:07:21 PM
 #42

It is "testing" it once again, it is not there just yet but its somewhere close and that is good enough right now, there is no way we are not going to be at $9.5k any time soon, will it go above? I don't know, maybe it will go up, maybe it won't but I know that it will definitely try its best to be there and test it at least.

The price was going down again and that caused a big of upset in the markets but right now we are doing much better and went above $9k once again, that shows me bulls are still around. Will they have enough money to take bitcoin up again? We will have to see. I think this time around it would be more about people not selling instead of people buying, that will be a bit different because it makes things escalate a lot faster than usual and I am very hopeful about it.

We are still in downtrend unless BTC strong at 9500 above or else BTC will suffer a great upset just like what you said since it is already double top @ 9200 price wall which is kinda scary. I still hope that BTC will revive before this months end but looking at the chart, It seems BTC is a bit bullish unless bulls don't exhaust and closed 9200 or above today.

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May 28, 2020, 02:42:42 AM
 #43

It is "testing" it once again, it is not there just yet but its somewhere close and that is good enough right now, there is no way we are not going to be at $9.5k any time soon, will it go above? I don't know, maybe it will go up, maybe it won't but I know that it will definitely try its best to be there and test it at least.

The price was going down again and that caused a big of upset in the markets but right now we are doing much better and went above $9k once again, that shows me bulls are still around. Will they have enough money to take bitcoin up again? We will have to see. I think this time around it would be more about people not selling instead of people buying, that will be a bit different because it makes things escalate a lot faster than usual and I am very hopeful about it.

We are still in downtrend unless BTC strong at 9500 above or else BTC will suffer a great upset just like what you said since it is already double top @ 9200 price wall which is kinda scary. I still hope that BTC will revive before this months end but looking at the chart, It seems BTC is a bit bullish unless bulls don't exhaust and closed 9200 or above today.
Finally, bitcoin is strong now as we see the price already break $9k level and now the price is at $9,200, so I think the price can back to increase at the end of this week. But I don't expect to see the price will be back to the lower price in the next week although that chances will be there. And if we see the chart, the trend still at the downtrend. So we need to be careful, and if you think you are making a profit from the price now, it is better to take the profit while we can wait for another downtrend.

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May 28, 2020, 05:29:13 AM
 #44

Although bitcoin has jumped from $ 8k8 to $ 9k280, I think it will be difficult to increase from now. The reason is because purchasing power is too high and it needs to be adjusted before pumping. This time it will create a bull trap and people will buy more bitcoin. it will then sell off again to bring the price of bitcoin down to around $ 7k or $ 6k5. We can pre-order bitcoins at these prices.
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May 28, 2020, 05:46:51 AM
 #45

Although bitcoin has jumped from $ 8k8 to $ 9k280, I think it will be difficult to increase from now. The reason is because purchasing power is too high and it needs to be adjusted before pumping. This time it will create a bull trap and people will buy more bitcoin. it will then sell off again to bring the price of bitcoin down to around $ 7k or $ 6k5. We can pre-order bitcoins at these prices.

Any chart that can prove this another fall?there is no certain in market prices but i don't think we will be down to another 6k$ value mate
because there are so many things we can speculate for the market to stay in this level.

Halving effect is here and we cannot deny that.

the only thing that will make the dump is the whales movement,since they have the power to manipulate this entire market just like what
they are doing to bag Noob and newbies Money.









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May 28, 2020, 09:41:59 AM
 #46

Although bitcoin has jumped from $ 8k8 to $ 9k280, I think it will be difficult to increase from now. The reason is because purchasing power is too high and it needs to be adjusted before pumping. This time it will create a bull trap and people will buy more bitcoin. it will then sell off again to bring the price of bitcoin down to around $ 7k or $ 6k5. We can pre-order bitcoins at these prices.

I don't think that bitcoin price is too high, remember that prior to the halving, bitcoin touches $10k so there is a lot of leg room for the price to increase in the 5 digits again. We already have some minor correction already when the price hits $8800 right? So we have bounce back and the current price is hovering around $9200.

As of now the price will go on a sideways, until we see another jump and retest $9500-$9800. Of course, we wanted to see the price to go low so that we can buy cheap, but we can't really tell when it will go down.

R


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