Now Lot of things to focus on BTC!!

[Lasky366]

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k.

Strong support zone at 8.5k. This level has been supporting BTC for the last one month If it brakes plus the triangle brakes downwards the target is 7.5k-7k.

Let's see what happen next 👀👀

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[Tytanowy Janusz]

...
BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level.
...
Strong support zone at 8.5k.

Strong resistance at 10k and strong support at 8.5k Agreed but I think it is worth to say that "strong" is not alwais equal to "strong".



That's how strong 10k resistance is and how important it is. Its 2.5 year downtrend.

[kapalmabur]

what about altcoin? Should we not focus on altcoin ?, I heard the news that altcoin season is coming,
and I saw a lot of altcoin pumps up to 300%, what do you think?

[Tytanowy Janusz]

what about altcoin? Should we not focus on altcoin ?, I heard the news that altcoin season is coming,
and I saw a lot of altcoin pumps up to 300%, what do you think?

For now only low volume coins, mostly shitcoin pump and dump.

I see 2 scenarios regarding altcoins:

1- For average altcoin trader/hodler bitcoin is now boring after halving. If it will stay at current price for longer and we will not get strong bad news from macroeconomics than it is good time for alts to rise and bitcoin dominance starts to show that by new lower highs:



2- 2017 bitcoin bubble was backed by "bitcoin as new currency that will very soon replace fiduciary currencies" paradigm. This, together with bitcoin network problems that it was facing in the end of 2017 (50$ per transfer), scalability and others pushed new investors (that came here for FOMO around FIAT replacement) into altcoins. 2020 bubble can be totally different. Currently, most articles are about "bitcoin as digital gold / safe haven" not about "innovative new currency"... Thus if 2020 bubble will be placed around global recession, escape from FIAT to "safe haven" than alts may be forgotten. In this scenario we will see huge bitcoin pump without altcoins till the end of next bubble.

[Slow death]

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

well, breaking $10500 is being the hardest thing to happen in the last few months and every time the price fails to break $ 10500 it drops a lot and while the price remains stable at $9000 the altcoins are gradually increasing, the price of ETH it is now $220 and in relation to bitcoin is 0.023 BTC. if bitcoin manages to break the $10,500, people will likely sell their altcoins to buy bitcoin and we will see altcoins dropping a lot. really the last two years hasn’t been good for altcoins

what about altcoin? Should we not focus on altcoin ?

it's needed to look at which direction bitcoin is going before buying altcoins

I heard the news that altcoin season is coming,
and I saw a lot of altcoin pumps up to 300%, what do you think?

it should probably Is some pump and dump scheme

[exstasie]

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k.

Triangles, within triangles, within triangles......



If bears can make new weekly lows sub-$8.1K, suggesting that Wave E is in play, we could see another triangle at the lower degree. That's the aqua squiggle. Wave E is always either a zig zag or a triangle.

[Paycoinzzz]

You draw the chart very well and it is very convincing. But in my opinion, the price of BTC will drop sharply in the coming days. Now that the United States is really unstable both politically and economically, European countries are also seriously affected by the epidemic. The economy is tending to be in recession, very likely to happen next year. so bitcoin will be ahead of the stock market. we will have a bad year even though bitcoin halving has taken place.

[el kaka22]

Is that lot of things to focus? I do not think so as we had experienced much more external news dependent situations and in my opinion those were lots of things to care and make decisions. Not, it is so clear that bitcoin markets may break the biggest physiological resistance or it will go down again to test $8500 levels again and then come up to break the same biggest resistance level; this time or next time, is the only thing we need to focus on as of now .

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k

Yes, sustaining above $10k levels will open door towards $12k levels in short term but in-between a small pullback will be inevitable as there might be many whales getting ready to book profits around $10,900 levels.

Strong support zone at 8.5k. This level has been supporting BTC for the last one month If it brakes plus the triangle brakes downwards the target is 7.5k-7k.

I am sure that $8.5k will hold forever unless otherwise there will be any impactable political news. Even anything happens, I am not expecting it would persist, quick bounce back will happen most likely.

[The Cryptovator]

Although I am not a good technical analyzer/chart analyzer but I don't believe such as triangle chart where anyone could draw anything. As of all everything bitcoin price also depends on demands. Either there is news or technical chart everything valued by buy pressure. Just forget about manipulation, but normally bitcoin price increse when new investors enter on it, there is no other things. Your thread title isn't matching with what you wrote, I haven't found where we have to focus. Regarding altcoin, its seems when bitcoin pump altcoin start dump, and when bitcoin dump altcoin start pump.

[ethereumhunter]

The short target price will be at $10k first. The bitcoin price needs to break that price because I think that price is difficult to break so far, and we need to be patient. But if at this moment, bitcoin price can get more support to lift the price, then we will see the price can break $10k before the next month, so in the next month, the price can increase more. But now, the price changes from $9,500 to $9,400 and $9,300, and back again to the higher price. I wonder when the price will be up to $9,500.

[DevilSlayer]

It is better to view and analyze the "virgin chart" of the bitcoin ( charts without indicators and tools) rather than analyzing your own analysis. Are you not confusing on your own analysis because of too many tools that are you using? There is a saying that simplicity is better in trading, but I slight understand what are you trying to say. There will be another bounce that will happen if the price will not overcome its current major resistance around $9700-$9800. If there will be a breakout in this range of resistance then there is a high chance that we will see a parabolic move.  

[GreatArkansas]

The chart make sense and we clearly see the $10,000 level is too strong resistance, for recent months we already tried to break that $10,000 level but we always ended rejected.
For me, if we will not break $10,000 this time especially on the monthly closed or next week, I am expecting again that we can visit $8,000 level again.

[Jating]

The chart make sense and we clearly see the $10,000 level is too strong resistance, for recent months we already tried to break that $10,000 level but we always ended rejected.
For me, if we will not break $10,000 this time especially on the monthly closed or next week, I am expecting again that we can visit $8,000 level again.

$8800 is a strong resistance, we haven't seen it breach yet, that's why didn't visit lows of $8'ish because of that support. I think the next target is around $9700, before we can see another break out, either have some minor correction again or push to $10k. The bears are making it hard for the market to go to 5 digits again after the halving. For altcoins? I doubt that we are in the altcoin season, majority of them are still way behind their all time high and investors are still looking at bitcoin for now to short.

[FanEagle]

I have always been confused about each and every moment of Bitcoin and this is just another one of those days. Bitcoin is really a volatile thing that doesn't really make too much sense to me, sometimes you look at it and it dropped 25% suddenly, sometimes you look at it and it increased 20% suddenly, WHAT CAUSED IT!!

I never get to learn. Looking at these charts gives me stomache nowadays, like a gurgling sound in me that I can't explain, it is both nice to know what I am looking at and also scary to realize what the hell am I looking at.

Anything could happen at anytime which means all my investments could potentially worth half of what I invested in, which is scary beyond measure, but also it could be double of what I invested, which is awesome obviously, and both of that being possible is incomprehensible even after years of being here.

[BrewMaster]

after halving price always stabilizes like this so there is not much expected out of bitcoin. and now since the bitcoin price is going to be stable and most traders know this, they would go to shitcoins and start pumping those specially since lately altcoins have been getting dumped a lot due to bitcoin volatile price. so there is a good chance of money going over to altcoins for a while and pumping them while whale accumulators continue buying bitcoin dips and filling their pockets to get ready for the breakout. and then the shitcoin pumps get dumped and the profit + capital comes back to bitcoin for a bigger push.

[jossiel]

Inline to bitcoin's movement, the alts are significantly following it.

I have always been confused about each and every moment of Bitcoin and this is just another one of those days. Bitcoin is really a volatile thing that doesn't really make too much sense to me, sometimes you look at it and it dropped 25% suddenly, sometimes you look at it and it increased 20% suddenly, WHAT CAUSED IT!!

I never get to learn. Looking at these charts gives me stomache nowadays, like a gurgling sound in me that I can't explain, it is both nice to know what I am looking at and also scary to realize what the hell am I looking at.

Anything could happen at anytime which means all my investments could potentially worth half of what I invested in, which is scary beyond measure, but also it could be double of what I invested, which is awesome obviously, and both of that being possible is incomprehensible even after years of being here.

It's the nature of bitcoin, volatility. If you can never learn from those like mostly what we're looking at. We can simply read these analysis that we can adopt if we want to or get to it as a basis. We always have the option to hold and wait until to your price point.

[ScamViruS]

Bitcoin prices have been stable since Halving. Whale traders are now busy pump and dump into the altcoin market. That's why it's still difficult for me to say anything clear. But looking at your chart, I get an idea of ​​which way the market is likely to go. $10500 is still a strong resistance for Bitcoin. However, the Bitcoin market can suddenly be a pump or a dump for any new news, so I do not rely entirely on charts. Let's see what happens.

[Kelvinid]

We have a new market pump today, but I think this won't be a continual increase and probably it drops back again in a while. But we have witnessed a strong market gain of some altcoins and this makes me think that Bullish could something be near. If we break the $10k resistance, the possibility of continuous market pumps will soon happen. But I know it wasn't going to be straight high, a roller coaster alike still the looks of the market we are going to see. We could probably see a zigzag line.

[Kemarit]

We have a new market pump today, but I think this won't be a continual increase and probably it drops back again in a while. But we have witnessed a strong market gain of some altcoins and this makes me think that Bullish could something be near. If we break the $10k resistance, the possibility of continuous market pumps will soon happen. But I know it wasn't going to be straight high, a roller coaster alike still the looks of the market we are going to see. We could probably see a zigzag line.

Yes, it seems that the market bounce back, a few hours ago, the price is hovering around $9400, but it suddenly goes up to $9600 and Ethereum has a good pump, reaching $240 which is very strange. Anyways, I still don't think that we have the alt season, they are still dependent on Bitcoin price movement. It will be interesting to see how this sudden spike will go, if we break $10,000 then that's a bit accomplishment after the halving. The thing is that the five digits is really hard to sustain for now.

[maydna]

We have a new market pump today, but I think this won't be a continual increase and probably it drops back again in a while. But we have witnessed a strong market gain of some altcoins and this makes me think that Bullish could something be near. If we break the $10k resistance, the possibility of continuous market pumps will soon happen. But I know it wasn't going to be straight high, a roller coaster alike still the looks of the market we are going to see. We could probably see a zigzag line.

I guess that is not so high, but it is enough to book some good profit

And now, the price is back to $9,500 level price, but it seems, the price wants to get another moment to back to increases again so perhaps, tomorrow will be a good day to see the price will be back at $9,600 level price. But we need to be prepared if the price can not break $9,600, especially if there are some big order that can dump the price to the lower price. Make sure you are ready with your money to buy bitcoin at a lower price and don't miss that chance. Set the alarm will be a good way to know when the price is down.

[Lasky366]

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k.

Strong support zone at 8.5k. This level has been supporting BTC for the last one month If it brakes plus the triangle brakes downwards the target is 7.5k-7k.

Let's see what happen next 👀👀

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

[Nazmul012]

Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough  able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

[Smitty Werben Man Jensen]

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough  able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

Bitcoin will be stable at $ 9500 in a few months, and altcoin will be given full space this time,
have you checked the marketcap of Altcoin ?, the upward trend is being done, we will see altcoin going up again

[tbterryboy]

Yeah, stable price is more likely scenario right now. When the price goes to 8.8k and goes up to 9.5k people think that it is a bull run but that short of an increase is not really a bull run, it is just a short spike that doesn't really mean anything. The "stable price" understanding of some people is 100 dollars up or down, that is not stable, that is stagnant, stable is more like 500 dollars up or down movements.

Still not 2k or something, it is still not HUGE changes, it is still a decent 500 dollars though, not 50 bucks. So between 8.9k and 9.4k which we will see plenty of in the near future, it is going to move up and down and be stable. Will it go down after that or will it go up after that? I don't really know, and I hope we will figure it out in the end that it will go up, that would be much better for us investors.

[goaldigger]

We are just waiting for bitcoin to break the wall on top and if we are able to go beyond $10k level then expect a good trend again with a great volume. We are stable for quiet a month now and it is still good to stay on $8k - $9k level, if this trend continues then altcoins have a chance to pump high while bitcoin is resting for a while. We can still break the walls on this 2nd quarter, let’s hope for that.

[Desscount]

We are just waiting for bitcoin to break the wall on top and if we are able to go beyond $10k level then expect a good trend again with a great volume. We are stable for quiet a month now and it is still good to stay on $8k - $9k level, if this trend continues then altcoins have a chance to pump high while bitcoin is resting for a while. We can still break the walls on this 2nd quarter, let’s hope for that.

Bitcoin should really be resting at this time because Altcoin hasn't been doing good for 3 years,
even though there are some Altcoins that Pump I feel it's not entirely good

[arwin100]

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough  able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

Bitcoin will be stable at $ 9500 in a few months, and altcoin will be given full space this time,
have you checked the marketcap of Altcoin ?, the upward trend is being done, we will see altcoin going up again

The chance for altcoin to drive up is long but we still don't know on what will happen unto it since there are so many things needed to watch for and although bitcoins will stable to 9500 but I don't think it will sustain but lets just monitor the market to see if the price would go up or down since there are so many speculation are coming but there are certain factors that brings bitcoin in a good phase so maybe we can see a pump if theirs something good will happen in 4th quarter.

[kotajikikox]

We are just waiting for bitcoin to break the wall on top and if we are able to go beyond $10k level then expect a good trend again with a great volume. We are stable for quiet a month now and it is still good to stay on $8k - $9k level, if this trend continues then altcoins have a chance to pump high while bitcoin is resting for a while. We can still break the walls on this 2nd quarter, let’s hope for that.

Bitcoin should really be resting at this time because Altcoin hasn't been doing good for 3 years,
even though there are some Altcoins that Pump I feel it's not entirely good

Seriously?Bitcoin will rest because altcoins are moving up?and what 3 years of altcoins are going top against bitcoin?stop joking because it is an obvious wrong approach.

Bitcoin will rule the market and without this currency altcoin will remain below so that 3 years you are mentioning is the Bitcoin dominance and movement why even shitcoins are in good shape now so dont mislead people because there is no such thing as Bitcoin will rest and altcoin will dominate .

[danherbias07]

If BTC is stable, ALTCOIN will pump

I doubt this will happen for a long time.
BTC had been stable for many occassions and it takes months before it jumped again and yet altcoisn are still slow to move.

Best case would just be to be pulled by the pump of bitcoin than looking for a chance with another stable year.

[TheGreatPython]

It is not really that easy to break the wall, it is possible and it takes couple tries but the thing is if the market is not breaking the wall that easily, it means we are not doing that well neither. The difference between being at 9k and trying to go to 10k and failing 3 times but succeeding on 4th and somehow being at 9k and just going to 12k in one try is the simple fact that bull run doesn't wait, so the second one is a good bull run whereas the first one is just an expected increase that is not surprising to anyone.

In order to make a lot of profit very quickly, we need the second kind, in order to make regular investments we need both, there is no way anyone needs the first one. Plus when it tries and fails many times, that shows sellers that buys have weak hand, that means of a short future buyer manages to sell bunch of bitcoin all at once we could drop a lot and make them money as well, so they are going to test it if we fail one more time.

[lumeire]

If BTC is stable, ALTCOIN will pump

I doubt this will happen for a long time.
BTC had been stable for many occassions and it takes months before it jumped again and yet altcoisn are still slow to move.

Best case would just be to be pulled by the pump of bitcoin than looking for a chance with another stable year.

Major move in altcoin market is always after the pump of bitcoin, first bitcoin pumps and after it stabilizes at a point then altcoins start pumping in terms of both bitcoins and USD also. Till now there isn't any sign of a pump in bitcoin price, even this price range of $9.6k is pretty uncertain and anything can happen now, bitcoins can again drop to mid $8k or can push higher to go to $10k and beyond. The chances of happening of the latter is quiet high in my opinion.

[Lasky366]

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level. Next target at break 11.5k - 12.5k.

Strong support zone at 8.5k. This level has been supporting BTC for the last one month If it brakes plus the triangle brakes downwards the target is 7.5k-7k.

Let's see what happen next 👀👀

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

At the time of making this post  BTC now hit almost 10500$ Price was stable for about 4 days As a result, we have noticed a very good pump of ALT CoinBTC dumped from 9750$ to 9370$ Then pump like 1000$ |So what would you expect now?let me know your thoughts

[michellee]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

[carlisle1]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now.

If the price stays at least 1 week or increased in the next days?then we are in good chance of increasing continuously.

this is almost the same what happen in 2016 when the effect of halving felt in 2017 not in the year when it happens so basically we will be in waiting time now,so Keep the holdings guys and be ready for the Run.

But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin.

Yeah it can for sure if the price established this position at 5 digits for the next weeks.

Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

we have already correction last march so there is nothing that we expect unless we cross the 12k$ mark then yeah correction might happen again before the true Bull run starts.

[Lasky366]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

keep an eye on btc volume. 10.5k is a strong resistance. Volume should be high, then it will be broken. after that btc can touch $11k.

but now, volume that are generating are not that much satisfying. that's why btc can make a correction to 9850 to 9500 (60% chance) in this week .

[Finestream]

BTC is now trading in Symmetrical triangle. If triangle does not break then BTC may remain stable in this range of 9.8K - 8.8K for some time. If BTC is stable, ALTCOIN will pump

I like to see that, altcoins has been struggling and just following the shadow of bitcoin but I guess even if bitcoin will be stable but at this level only, it would still not drive the pump of altcoins, we need to see bitcoin pumping more and reach a price close to its ATH and if possible to reach a new ATH.

For me, I believe that's the only way we will see the altcoins will rise....

Altcoins in overall are not profitable for the past 2 years already, if they will recover at least 75% of their ATH, I think that would mean a party in the crypto space again and we might probably see a new FOMO again. 

[michellee]

Unfortunately, bitcoin price has got a big dump in a few hours ago, and I guess that makes people panic because they don't expect to see bitcoin price is down deep. The panic happens in my WhatsApp group

Some of my friends don't think that bitcoin price will go down. But it was back to $9,400 level, and that is happening now. So that is why we need to still be careful in the next few hours, but we also need to prepare if the price can bounce to the $10k again.

[ShoaibSubhan]

BTC tested 9700 resistance area ✅
And then dumped!

As I said, there will be BTC Stable in this range of 9.8k-8.8k for some time and there is Stable for 2 days so ALT coins are pumping well.

After wedge break btc may dump to 9100-8900!

Yeah. Your speculation came true. BTC pumped around at $9700 and then have dumed $9500 area. Its seems btc is going to dump more as you say and it doesn't have Strength enough  able to break $10,000 resistance soon! But i don't think altcoins will pump much, except shitcoins

Bitcoin will be stable at $ 9500 in a few months, and altcoin will be given full space this time,
have you checked the marketcap of Altcoin ?, the upward trend is being done, we will see altcoin going up again

The chance for altcoin to drive up is long but we still don't know on what will happen unto it since there are so many things needed to watch for and although bitcoins will stable to 9500 but I don't think it will sustain but lets just monitor the market to see if the price would go up or down since there are so many speculation are coming but there are certain factors that brings bitcoin in a good phase so maybe we can see a pump if theirs something good will happen in 4th quarter.
Get https://allresult.pk/jazz-internet-packages-daily-weekly-monthly/ of all network

[Kemarit]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

keep an eye on btc volume. 10.5k is a strong resistance. Volume should be high, then it will be broken. after that btc can touch $11k.

No volume, the only volume we see is that huge sell orders on most exchanges as the price goes to $9500 after hitting that 5 digit.

but now, volume that are generating are not that much satisfying. that's why btc can make a correction to 9850 to 9500 (60% chance) in this week .

That's what I'm trying to say, it should at least hold around $9950, but it didn't, too much psychological for most traders. But the good thing is that this is just a healthy correction, as we all know that when we have this kind of correction, it will be followed by around push, and this time we might see $10500 at least.

[slaman29]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

[Twinkledoe]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

Wishing for stable price for bitcoin is really not possible as the movement is still fast and unpredictable. Even if we did reach 10k, it goes back again as there are dumpers that bought their btc below 10k, so selling at 10k will already give them profit.

[Oasisman]

~snip~

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

That's almost automatic when there's a sudden rise of Bitcoin, there's always a pull back that follows through. Maybe because a lot of hodlers are selling at the short increase, or It may caused by the short traders.
Specially when you have a big bag of Bitcoin, pumps like that is huge enough to give you good profit, thus buy back when the price drops a certain percentage again.

[hulla]

Unfortunately, bitcoin price has got a big dump in a few hours ago, and I guess that makes people panic because they don't expect to see bitcoin price is down deep. The panic happens in my WhatsApp group

Some of my friends don't think that bitcoin price will go down. But it was back to $9,400 level, and that is happening now. So that is why we need to still be careful in the next few hours, but we also need to prepare if the price can bounce to the $10k again.

To be sincere, i expected the price of bitcoin and altcoins market to dump because the last bitcoin halving is yet to effect the market price and the reason for the suddenly pump in price of cryptocurrency market was the $50 million worth of Stablecoin which was used to accumulate BTC.

[Indrawan77]

~snip~

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

That's almost automatic when there's a sudden rise of Bitcoin, there's always a pull back that follows through. Maybe because a lot of hodlers are selling at the short increase, or It may caused by the short traders.
Specially when you have a big bag of Bitcoin, pumps like that is huge enough to give you good profit, thus buy back when the price drops a certain percentage again.

When the rising is too sudden a lot of people will take the chance to make some profit, so no wonder the price wiol fall back especially we havent seen btc able to rise this high, and this situation could create a misleading news, for now people not too focus on bitcoin, they are more interested in alt coin which being claimed that could generate hundres percent of profit in short time

[Reatim]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

Breaking down 10,000$ is already achieved several times this year but staying there is the big problem because the longest 10k stays for 2 days and the following days are dumping with more than 10% so maybe we are just concern about the High price but we are not looking in the market status and the economy itself so yeah that is different stories to explain all.

Let us contribute if we really wants to make this market Grow specially bitcoin because nowadays the market cap grows with many altcoins and not concentrated to bitcoin

Anyway this must happen to let people know how healthy this market and there is no manipulation happening( but the truth?there is ) so if we want market to succeed?then lets do our part .

[michellee]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

Maybe if the price stays for a while at $9,600, that will be the stable position although it will up for more than $9,600-$9,699, but that will stay at that range price. Yes, we will see a fight to break above $10k, and we still have plenty of time to see that will happen later. The important is we can be ready for the coming so we can make a profit later. But we know the price can increase, and now it stays at $9,700 level.

Unfortunately, bitcoin price has got a big dump in a few hours ago, and I guess that makes people panic because they don't expect to see bitcoin price is down deep. The panic happens in my WhatsApp group

Some of my friends don't think that bitcoin price will go down. But it was back to $9,400 level, and that is happening now. So that is why we need to still be careful in the next few hours, but we also need to prepare if the price can bounce to the $10k again.

To be sincere, i expected the price of bitcoin and altcoins market to dump because the last bitcoin halving is yet to effect the market price and the reason for the suddenly pump in price of cryptocurrency market was the $50 million worth of Stablecoin which was used to accumulate BTC.

Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.

[hulla]

Unfortunately, bitcoin price has got a big dump in a few hours ago, and I guess that makes people panic because they don't expect to see bitcoin price is down deep. The panic happens in my WhatsApp group

Some of my friends don't think that bitcoin price will go down. But it was back to $9,400 level, and that is happening now. So that is why we need to still be careful in the next few hours, but we also need to prepare if the price can bounce to the $10k again.

To be sincere, i expected the price of bitcoin and altcoins market to dump because the last bitcoin halving is yet to effect the market price and the reason for the suddenly pump in price of cryptocurrency market was the $50 million worth of Stablecoin which was used to accumulate BTC.

Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.

This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish.
In meantime, theres chance that the halving effect will happen anytime soon.

[michellee]

Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.

This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish.
In meantime, theres chance that the halving effect will happen anytime soon.

Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.

[Janation]

It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

Wishing for stable price for bitcoin is really not possible as the movement is still fast and unpredictable. Even if we did reach 10k, it goes back again as there are dumpers that bought their btc below 10k, so selling at 10k will already give them profit.

I think this is just the norm.

There will be those people that will be selling at that point, atleast there will be a timing for those people that wanted to buy at a lower price. Volatility might be a problem but it is the reason why we are earning good profits in the past and until now. This is just a main problem for those people still not used to these changes.

[hulla]

Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.

This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish.
In meantime, theres chance that the halving effect will happen anytime soon.

Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.

I understand the current momentum of the market require consciousness but i completely believe the market will experience dump in price till it working days though I'm not pretty sure what the bottom price will be and the momentum the market will choose when it Monday.
According to whakesalert, some huge stablecoins are moved to exchange site probably to accumulate some BTC it tomorrow or Monday.

[Fredomago]

Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.

This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish.
In meantime, theres chance that the halving effect will happen anytime soon.

Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.

I understand the current momentum of the market require consciousness but i completely believe the market will experience dump in price till it working days though I'm not pretty sure what the bottom price will be and the momentum the market will choose when it Monday.
According to whakesalert, some huge stablecoins are moved to exchange site probably to accumulate some BTC it tomorrow or Monday.

That's common scenario in market that while others expect Pumping then others are looking for dumping so whats new in this situation?

what i am looking is when the dump will come and when the Growth will follow,because all i want now is Buying some coins and sell at least in 6 months time.

Either it is Bitcoin or altcoins what matters to me is the Pump that will follow.

[hulla]

Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.

This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish.
In meantime, theres chance that the halving effect will happen anytime soon.

Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.

I understand the current momentum of the market require consciousness but i completely believe the market will experience dump in price till it working days though I'm not pretty sure what the bottom price will be and the momentum the market will choose when it Monday.
According to whakesalert, some huge stablecoins are moved to exchange site probably to accumulate some BTC it tomorrow or Monday.

That's common scenario in market that while others expect Pumping then others are looking for dumping so whats new in this situation?

what i am looking is when the dump will come and when the Growth will follow,because all i want now is Buying some coins and sell at least in 6 months time.

Either it is Bitcoin or altcoins what matters to me is the Pump that will follow.

You're right but when it come speculation of the market every trend the make presented is important. However, it will be hard to know what the tendency the market will experience in 6months time but what I'm saying earlier was to notify investors/traders which are thinking of accumulating some coins that the market will persist the downtrend till tomorrow/Monday which i believe will still give more insight on what to do.

[whyrqa]

what i am looking is when the dump will come and when the Growth will follow,because all i want now is Buying some coins and sell at least in 6 months time.

Either it is Bitcoin or altcoins what matters to me is the Pump that will follow.

At least if you look at the Bitcoin indicators a year after the 2016 halving, then in June 2017, Bitcoin reached $ 2,500, that is, it increased almost 5 times. Based on this, I believe that it is necessary to tune in precisely to the same development of events that Bitcoin can only increase in price at least twice in a year. thus, even the current Bitcoin price indicator is good for short-term investments.

[wozzek23]

Bitcoin always had a lot of fronts to fight in, never was an easy thing. Sometimes it is bakkt, sometimes it is libra, sometimes it is halving, sometimes it is pandemic, sometimes it is fee's going high, sometimes it is some famous person on TV saying it is awesome or saying it is scam, basically there is at least 5 things that are mainstream and 100 things that are not so mainstream and just social media talks that has to do with bitcoin and at its current stage.

This is actually one of those periods where bitcoin is having a weird period, it is high enough that we recovered from the pandemic quicker than anything else, but it is also at a risky position because it went up and it failed to continue go up so right now we are at a stage "we should be going up by the looks of everything but who will buy first?" levels.

[michellee]

Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.

I understand the current momentum of the market require consciousness but i completely believe the market will experience dump in price till it working days though I'm not pretty sure what the bottom price will be and the momentum the market will choose when it Monday.
According to whakesalert, some huge stablecoins are moved to exchange site probably to accumulate some BTC it tomorrow or Monday.
[/quote]
The trend is still downtrend, and that can attract the market to get down for more. We can only prepare if the market is really down by analyze using another indicator so we can get the momentum to enter the market. If that is the case, we could only wait for that momentum, and I hope we don't miss the time to buy bitcoin at a low price, and we don't miss something in our analysis.

[ningrum]

in my opinion it's better to focus on Altcoin, Bitcoin is no longer focused after halving, because now Bitcoin is being accumulated by whales,
and now it's time for altcoin to move, because it's been over 2 years altcoin downtrend

[RealMalatesta]

We are around 10k once again, the price of $9.7k and not going down tells me that the price is not willing to go down, however for some reason it is not going up neither. There is really no way of not making a profit when you can simply buy from a place where it won't go down and wait until it goes down so right now is a perfect opportunity to buy bitcoin. I don't care when it will go up, look at the price it is definitely not going down, sellers and short future holders all tried to take it down and failed, which means it is standing very strong.

So, that means it may take a while before price could go up, but until that happens you could buy and wait and see that it is not falling so all you have to do is be patient and collect the profit later on. If you wait too long the price will eventually go up and you will be too late.