BTC Keeping it's limitaion Between 9--10K

[Shimmiry]

Bitcoin is keeping its price steady or still in $9,000 that it doesn't decrease its amount from $8,000, and it is a good thing because we don't need to worry with our bitcoin holdings if bitcoin's price is keeping steady. But the price of bitcoin is currently $9,145, so we might be experiencing a downtrend again maybe next week or next month because it doesn't increase from $9,500 back.

[Inkdatar]

Bitcoin is keeping its price steady or still in $9,000 that it doesn't decrease its amount from $8,000, and it is a good thing because we don't need to worry with our bitcoin holdings if bitcoin's price is keeping steady. But the price of bitcoin is currently $9,145, so we might be experiencing a downtrend again maybe next week or next month because it doesn't increase from $9,500 back.

The Bitcoin price is currently reach at $9300 and as obviously the pattern is still the same it cannot move forward to $10k. Actually, it will take time to see it continuously increasing despite of this condition some people are currently accumulating and some losing hope on bitcoin to reach it in bull run stage. Well, possibly it might happen to see the price could suffer a little downtrend once no good movement in the coming days and months.

[barbara44]

Low volume is basically the main cause of this, that is what happens when you have low volume or basically no person really interested in trading, you end up seeing no change at all. There could have been another outcome, the volume could be low, liquidity would be low and some rich person could have taken advantage of it and change the price a lot, they could have dropped or increased it very very quickly. What is going on is the alternative to that and nobody wants anything to do with bitcoin.

Hopefully over time there will be some time when people will want to change something and they will get a lot more interest towards bitcoin and at that moment bitcoin will definitely change, maybe it would be people being bored and start selling all together or maybe everyone will hype up and it will go up.

[dunfida]

Bitcoin is keeping its price steady or still in $9,000 that it doesn't decrease its amount from $8,000, and it is a good thing because we don't need to worry with our bitcoin holdings if bitcoin's price is keeping steady. But the price of bitcoin is currently $9,145, so we might be experiencing a downtrend again maybe next week or next month because it doesn't increase from $9,500 back.

The Bitcoin price is currently reach at $9300 and as obviously the pattern is still the same it cannot move forward to $10k. Actually, it will take time to see it continuously increasing despite of this condition some people are currently accumulating and some losing hope on bitcoin to reach it in bull run stage. Well, possibly it might happen to see the price could suffer a little downtrend once no good movement in the coming days and months.

It does really have some slight movement from 9100+ to 9300+ as of this moment on 24 hours timeframe but this isnt something that people would recognize on.We dont know if this would be a gradual increase or its just an ordinary day on having some small movement in price then goes back ahead on where it did tank? We've been moving sideways below 10k and above 9k price for a while now.
Honestly speaking when you do try out to plot and using up TA. This is the hardest time to make up decisions neither you should position yourself into the market or would wait up even more
for lower entry price.It does depend on someones risk management.

[Lasky366]

$BTC Update

Bitcoin follows our plan, currently brought +24.3% of profit with x10 leverage. If we cross the Mid Line to upward, will wait for the retest of the Higher Boundary of an Ascending Channel.

let's see how it's goes.

[aioc]

Have checked the price after seeing some of the analysis here and Bitcoin has increased it's price a little bit if you are trading short term there's a nice profit for you, I'm still looking where can have a breakthrough or take off that the price can land in the $10 k level i hope it's forthcoming.

[jostorres]

In order to have a breakthrough in the price there needs to be something changing, it can't just happen out of nowhere for no reason at all, even when you think there was no reason at all you check to see what whales have done and they just bought a lot so suddenly it looks like there is no news about bitcoin yet its going up, most cases its thanks to whales (or when it goes down the same thing as well).

So, I would say as long as nobody does anything and there is nothing going on, the price will continue like this forever, but we all know it can't continue like this forever, so in the end we are going to see something like a big move from a whale that would trigger something, or maybe some news about something awesome in the crypto world, so all in all we will see something major happening for sure.

[ultrloa]

Have checked the price after seeing some of the analysis here and Bitcoin has increased it's price a little bit if you are trading short term there's a nice profit for you, I'm still looking where can have a breakthrough or take off that the price can land in the $10 k level i hope it's forthcoming.

The month is ending but the insights of the price up still untrace but maybe there are sudden change of phase will happen until the end of the month but I'm not totally expecting it since there are so many factors bothering the growth right now. Next month will be different phase and for sure we will see great things coming ahead.

[STT]

I hate to say anything about 10k because its the round number fallacy but fair enough there are a few things obstructing  in this area not literally just all the zeros.   I'd not normally expect much accumulation to occur but I do see that trend for July now posted above and its going back to May and has some standing.   The last two days have been gains which held and got us past 50 day average, maybe more importantly past the series of lower highs forming for a while now.     Those two things seems like its time to consider an expansion rather then contraction in range as has been occuring, higher prices might occur possibly if only for summer.

Weekly bar would be my preference to have more certainty of anything new so thats a bar closing past 9.8k, that would register going into next week.  Then we got progression on multiple time frames and we can stop the repeat like a broken record.

[Ayiranorea]

Almost by the middle of January the price crossed $9000, further it moved between the range of $8000 - $9000, further in February it gained resistance to stay above $9000 and crossed $10000 in between. The price once again dropped reaching around the $5500 range. This further grew in a gradual manner and now again it stood between $9000 - $10000 range for a long. Now it has crossed a big barrier of $10000 which is a long back expected resistance value. Maybe for the next few weeks we can expect the price of bitcoin to be around between $10000 - $11500.

[Reatim]

$BTC Update

Bitcoin follows our plan, currently brought +24.3% of profit with x10 leverage. If we cross the Mid Line to upward, will wait for the retest of the Higher Boundary of an Ascending Channel.

let's see how it's goes.

You have missed to update us this recent Pump mate,i was following this thread of your since the beginning .
how i wish you have given your graphs at least in this ending of july.

But anyway because of this thread at least i have a positive idea about how long i will wait ,yesterday i have sold  1/2 of my holdings looking if the correction will follow so i will use the amount to buy more again.

I am just hoping that there will be following bearing before the final bull comes so i may use this opportunity to gain even better.

[michellee]

Now it has crossed a big barrier of $10000 which is a long back expected resistance value. Maybe for the next few weeks we can expect the price of bitcoin to be around between $10000 - $11500.

It will cross more than $11,500, although it seems difficult for bitcoin price to rise right now. If we see the chart, it seems, the trend soon becomes sideways, and that will need some time to back to increase again. When bitcoin price increases, I am sure that the price will start another rally to $12k and will reach the high price. Maybe this year, bitcoin price will have a big opportunity to increase and back to $20k, and hopefully, that will happen soon.

[cryptomaniac_xxx]

Now it has crossed a big barrier of $10000 which is a long back expected resistance value. Maybe for the next few weeks we can expect the price of bitcoin to be around between $10000 - $11500.

It will cross more than $11,500, although it seems difficult for bitcoin price to rise right now. If we see the chart, it seems, the trend soon becomes sideways, and that will need some time to back to increase again. When bitcoin price increases, I am sure that the price will start another rally to $12k and will reach the high price. Maybe this year, bitcoin price will have a big opportunity to increase and back to $20k, and hopefully, that will happen soon.

And why would you say that? We have risen from sub five digits in just days so from $11k-$11.5k would be an easy jump if people still continue to buy at this price. That sideways patterns are over in my opinion, and as we enter this bull run, it's either we will see a dip then followed by a massive pump. And there is also a big possibility that we might go back at $20k this year, crossing my fingers.

[michellee]

Now it has crossed a big barrier of $10000 which is a long back expected resistance value. Maybe for the next few weeks we can expect the price of bitcoin to be around between $10000 - $11500.

It will cross more than $11,500, although it seems difficult for bitcoin price to rise right now. If we see the chart, it seems, the trend soon becomes sideways, and that will need some time to back to increase again. When bitcoin price increases, I am sure that the price will start another rally to $12k and will reach the high price. Maybe this year, bitcoin price will have a big opportunity to increase and back to $20k, and hopefully, that will happen soon.

And why would you say that? We have risen from sub five digits in just days so from $11k-$11.5k would be an easy jump if people still continue to buy at this price. That sideways patterns are over in my opinion, and as we enter this bull run, it's either we will see a dip then followed by a massive pump. And there is also a big possibility that we might go back at $20k this year, crossing my fingers.

You can see it later what will happen to the market. We already touch $11,500, and that is the highest price so far, but then the price is down and back to $10k level. Means, the price can be $10k-$11,5k for some time before the price starts another rally. The sideways position will always be on the market. When you check the chart, we already at sideways position, although the price does not tend to the horizontal line. We do not yet see the bull run, it is only a small bull run, and we will see the real bull run soon.

[TimeTeller]

Now it has crossed a big barrier of $10000 which is a long back expected resistance value. Maybe for the next few weeks we can expect the price of bitcoin to be around between $10000 - $11500.

It will cross more than $11,500, although it seems difficult for bitcoin price to rise right now. If we see the chart, it seems, the trend soon becomes sideways, and that will need some time to back to increase again. When bitcoin price increases, I am sure that the price will start another rally to $12k and will reach the high price. Maybe this year, bitcoin price will have a big opportunity to increase and back to $20k, and hopefully, that will happen soon.

And why would you say that? We have risen from sub five digits in just days so from $11k-$11.5k would be an easy jump if people still continue to buy at this price. That sideways patterns are over in my opinion, and as we enter this bull run, it's either we will see a dip then followed by a massive pump. And there is also a big possibility that we might go back at $20k this year, crossing my fingers.

You can see it later what will happen to the market. We already touch $11,500, and that is the highest price so far, but then the price is down and back to $10k level. Means, the price can be $10k-$11,5k for some time before the price starts another rally. The sideways position will always be on the market. When you check the chart, we already at sideways position, although the price does not tend to the horizontal line. We do not yet see the bull run, it is only a small bull run, and we will see the real bull run soon.

We are more than $11600 as we speak, so 11500 is not the highest price by now.
Not even a month the OP created this thread, but we already surpassed the 10k mark.
Bitcoin is really showing a very good price movement, and if this will continue, a lot of people will again look at btc as a potential investment.
Not that I don't like those people that will jump on the trend, but once their expectations are not met, they treat btc as if it's their enemy.

[michellee]

You can see it later what will happen to the market. We already touch $11,500, and that is the highest price so far, but then the price is down and back to $10k level. Means, the price can be $10k-$11,5k for some time before the price starts another rally. The sideways position will always be on the market. When you check the chart, we already at sideways position, although the price does not tend to the horizontal line. We do not yet see the bull run, it is only a small bull run, and we will see the real bull run soon.

We are more than $11600 as we speak, so 11500 is not the highest price by now.
Not even a month the OP created this thread, but we already surpassed the 10k mark.
Bitcoin is really showing a very good price movement, and if this will continue, a lot of people will again look at btc as a potential investment.
Not that I don't like those people that will jump on the trend, but once their expectations are not met, they treat btc as if it's their enemy.

Oh, you are right, I miss something at the market because I taught that $11,500 is the new highest we saw before. Thank you.
I am sure many people were happy to see bitcoin price can surge $11k level, and I am sure that they already sell their bitcoin. People have a chance to buy bitcoin at a low price because the trend now seems to tend to go down for a while. Bitcoin price will go up again in the next moment, but before we see that will happen, we need to wait for a while until the price finishes on the correction.

[tbterryboy]

$11.2k is a great place to be right now, it is not the highest point we have reached in this bull run, it is not the lowest and where we have started neither.

People who wanted to buy and increase the price has done that already and people who have sold to take out their profits have already done that as well, so we do not know which direction will we go but we know that the big players already made their moves and we ended up at $11.2k when manipulators and whales of both sides are done.

From now on we can make any move we want as the people and the general population of bitcoin world could take it up and increase a lot or could take it down, we don't know that. Honestly, I would expect a bit more lowering as well if people can't get any big help from the whales and long future buyers.

[Playerboy450]

yeh it was bounced several times between 9-10k. but now we are above 11k which is positive for next bull run.

[Zemomtum]

This limitation has been broken and we should expect a strong bull run any moment from now. 2020 seem to be a good year for the crypto space.

[Kong Hey Pakboy]

This limitation has been broken and we should expect a strong bull run any moment from now. 2020 seem to be a good year for the crypto space.

Indeed. The limitation of the price of bitcoin between $9,000-$10,000 has been broken and we are now experiencing a good movement or a bull run this month. I hope this would continue until the end of the year because it would be a good choice if we all keep and hold our bitcoins to maintain our long term investment.