BITCOIN price chart suggest $9k

[Majharul Saiif]

It's quite interesting to know about it. I just found it few minutes ago which published by Cointelegraph.

https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp

Your constructive feedback will be highly appreciated.

[pixie85]

At first the article looks like it's about to do some TA but then it follows that good old path we know too well. It goes like this: bitcoin is looking both bullish and bearish and it can go up above 9000 dollars or down below 8000 dollars...

If you look deeper and into the author's drawings you see that his bullish scenario points to a breakout at 9177 and possibly going back to 10000.
His bearish scenario draws the line at 7600-7800 so even the author thinks that if the price goes down you'll lose about 1500 USD and if we go up you'll maybe make 900 on your investment. Not really a 50:50 scenario for a potential investor.

[odolvlobo]

TL;DR: At some point in the future, the price of a bitcoin will go up or it will go down.

Thanks Cointelegraph, TA is sooo helpful.

[blockman]

The article says about the support level in which where we are. And if it goes down, we have the other support on $8k lines.
Welp, nice read though we have the same TAs in each level.

[Asuspawer09]

It's quite interesting to know about it. I just found it few minutes ago which published by Cointelegraph.

https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp

Your constructive feedback will be highly appreciated.

Probably that is going to effects the market price, most of the time articles affect the price since a lot of investors are also seeing these articles.

Still, this is still speculation for sure this is a good thing since a lot of people or investors are already invested in bitcoin because the market price of 9k$ with really has the potential since we notice the market having some movements. A lot of investors are surely interested in getting profit.

[bL4nkcode]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

[DougM]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

[Ryker1]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

Well, there will be a new ATH for sure. Remember that the bitcoin halving will affect after a month, perhaps 5-6 months or even 1 year just like what happened last halving the first and the second halving. Ranging in $9k price is not bad, at least they're still a fluctuations that make the price volatile movement but does not that much. I like to read those article that very optimistic about the price, --they are encouraging newbie as well to hold at the moment.

[Oasisman]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

Ranging in $9k price is not bad, at least they're still a fluctuations that make the price volatile movement but does not that much. I like to read those article that very optimistic about the price, --they are encouraging newbie as well to hold at the moment.

Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.

A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.

[Oceat]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

Ranging in $9k price is not bad, at least they're still a fluctuations that make the price volatile movement but does not that much. I like to read those article that very optimistic about the price, --they are encouraging newbie as well to hold at the moment.

Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.

A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.

Until we don't see such price touches $10k it will always be just a speculation for others but I like your optimism although we don't really know yet when it will touch at $10k. Bitcoin is kind of staying back and forth at $9000+ to $9200+ over a week, I wonder if this $9k-ish will be ever gonna stop to see $8k or $10k. We have had it already before it's just that we were just too lucky to see such price staying at $9k level over the past few weeks.

[Jating]

TLDR; At some point in the future, the price of a bitcoin will go up or it will go down.

Thanks Cointelegraph, TA is sooo helpful.

Haha, you got it, the price will go up or go down simply as that. And we have seen predictions that we should be bullish by now as all indicators are pointing (like the TA is this article). But it seems that the market is not listening.

I would tend to agree that the market is somewhat boring, when the price is just sitting a nose above $9k But this is not the first time that this has happened, and this could even shake the weak hands as well because they see no movement and would just go out and exit for the time being and probably shifted to altcoin. And then just comeback when we have a break out run. Not sure if this is a good strategy though.

[tippytoes]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

Ranging in $9k price is not bad, at least they're still a fluctuations that make the price volatile movement but does not that much. I like to read those article that very optimistic about the price, --they are encouraging newbie as well to hold at the moment.

Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.

A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.

Until we don't see such price touches $10k it will always be just a speculation for others but I like your optimism although we don't really know yet when it will touch at $10k. Bitcoin is kind of staying back and forth at $9000+ to $9200+ over a week, I wonder if this $9k-ish will be ever gonna stop to see $8k or $10k. We have had it already before it's just that we were just too lucky to see such price staying at $9k level over the past few weeks.

This is what bitcoin makes an exciting journey for all of us. Been decade of speculating and all, yet, no one can predict the exact price in the market. Even self-proclaimed experts doing their TAs and other types of analyses, they still can't get precise prediction. But we all believe that someday, bitcoin will go up and that idea keep us here in crypto.

[DougM]

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

Ranging in $9k price is not bad, at least they're still a fluctuations that make the price volatile movement but does not that much. I like to read those article that very optimistic about the price, --they are encouraging newbie as well to hold at the moment.

Stabilizing at $9,000 range isn't the only thing that's good even at this current crisis. The fact that Bitcoin didn't show any bearish signs even If it's retesting the $8,900 support level several times, but still managed to close out above support level is considered even a good sign that Bitcoin might rally in the coming months.

A lot of investors are optimistic in the post halving. What's interesting to see is when Bitcoin will break the $10,000 barrier again and what would be the next movement.

Until we don't see such price touches $10k it will always be just a speculation for others but I like your optimism although we don't really know yet when it will touch at $10k. Bitcoin is kind of staying back and forth at $9000+ to $9200+ over a week, I wonder if this $9k-ish will be ever gonna stop to see $8k or $10k. We have had it already before it's just that we were just too lucky to see such price staying at $9k level over the past few weeks.

This is what bitcoin makes an exciting journey for all of us. Been decade of speculating and all, yet, no one can predict the exact price in the market. Even self-proclaimed experts doing their TAs and other types of analyses, they still can't get precise prediction. But we all believe that someday, bitcoin will go up and that idea keep us here in crypto.

you are right tippytoes...I am a long term bull myself, but it still more fun to watch it bucking then this boring 'consolidation' style movement

[KrisAlex18]

The price of the bitcoin stays around $9000 which is for me a boring investment because we are almost a month for that price hoping that it would change its price for the next month or next week, it would be a boring investment if the price will not move, rising or falling is okay for me because I already have small investment so when it goes high I will make a profit, if the price will go down I will invest more thinking that it could reach more than $9k within this year, that is only my predictions, I can't say that it might happen but I will stand with it. There are so many predictions from different personalities but there is still no person who can say the accurate one.

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

I am also waiting for the bitcoin to move, the investment for the bitcoin will become passive because there is no big movement for it.

[Cherylstar86]

The price of the bitcoin stays around $9000 which is for me a boring investment because we are almost a month for that price hoping that it would change its price for the next month or next week, it would be a boring investment if the price will not move, rising or falling is okay for me because I already have small investment so when it goes high I will make a profit, if the price will go down I will invest more thinking that it could reach more than $9k within this year, that is only my predictions, I can't say that it might happen but I will stand with it. There are so many predictions from different personalities but there is still no person who can say the accurate one.

It would be great if it (analysis) does happen we're here at 9k for too long days after the halving, too boring, actually. It would be great if the price will remain more volatile for now which is expected to increase after the halving (as what the history did though it could be different for this halving) but now, the price seems stable.

completely agree...bring back the volatility!    It will be interesting to see how bitcoin reacts to the next serious market dip that I expect to come...hopefully it won't follow it down again (or maybe I hope it will and I will buy on the temp dip!)

I am also waiting for the bitcoin to move, the investment for the bitcoin will become passive because there is no big movement for it.

The price movement doesn't have a strong momentum, that's why it didn't gain consistent increase. We can't expect huge growth, since fluctuations and quick downtrend still exist. Furthermore, this entire month of July has no progress to consider because $9k range remains stable.

[STT]

The longer the time frame, the more accurate the conclusions are likely to be.  Some of the charts there he drew it just for July mostly which is not saying alot as we havent moved in price greatly.
   Theres something of a declining price trend, lower peaks and as always if it can break that sequence its likely we can try higher and prices upto 10k perhaps.   More likely is the descent in prices puts pressure of support below and I think that hold is in decline.   If we can keep observing prices attempting higher and making progress we can be more optimistic but even just this morning its attempt to rise has failed at a weekly measure so weakness continues.

[Kemarit]

The longer the time frame, the more accurate the conclusions are likely to be.  Some of the charts there he drew it just for July mostly which is not saying alot as we havent moved in price greatly.

Yes, and we still haven't finish this month yet, so there's a lot of things that can happen and shift our conclusions.

   Theres something of a declining price trend, lower peaks and as always if it can break that sequence its likely we can try higher and prices upto 10k perhaps.   More likely is the descent in prices puts pressure of support below and I think that hold is in decline.   If we can keep observing prices attempting higher and making progress we can be more optimistic but even just this morning its attempt to rise has failed at a weekly measure so weakness continues.

It is still very weak, every ascend that we make are are greeted with a sell off that's why it looks like we are not moving an inch. And there are a lot of price resistance obviously, but it's good to see the price is bondering $9000 and it's just a matter of time before we see a break out run that will hopefully push the price to five digits again.

[matchi2011]

TLDR; At some point in the future, the price of a bitcoin will go up or it will go down.

Thanks Cointelegraph, TA is sooo helpful.

Haha, you got it, the price will go up or go down simply as that. And we have seen predictions that we should be bullish by now as all indicators are pointing (like the TA is this article). But it seems that the market is not listening.

I would tend to agree that the market is somewhat boring, when the price is just sitting a nose above $9k But this is not the first time that this has happened, and this could even shake the weak hands as well because they see no movement and would just go out and exit for the time being and probably shifted to altcoin. And then just comeback when we have a break out run. Not sure if this is a good strategy though.

The greater chances that those holders will try other options, alts market is more likely the venue for traders to try working
with some good trades. In regards to bitcoin, still speculative and everything will depends from the market movements,
not easy since there are no major impacts or influenced that makes the price will go and rise or
stay flat and dumped down.

[bitbunnny]

The article says about the support level in which where we are. And if it goes down, we have the other support on $8k lines.
Welp, nice read though we have the same TAs in each level.

Nice TA although we all know such analysis are not fully reliable. Also, I don't think that we've found something new. For longer time now situation with price is pretty much the same and everyone is expecting any kind of stronger movement in any direction, even negative one. Despite all that I don't expect neither big fall or big rise.

[Slow death]

It's quite interesting to know about it. I just found it few minutes ago which published by Cointelegraph.

https://cointelegraph.com/news/bitcoin-price-charts-suggest-9k-deadlock-may-finally-end-next-week/amp

Your constructive feedback will be highly appreciated.

the unbelievable is see things like these:

Kraken’s Head of Business: ‘Bitcoin Could Go to $1,000,000‘

something impossible to happen, but some people still insist on these numbers. Something that always takes note:

When someone does bitcoin price analysis/forecasting if you hear that person said the price is going to fall then get ready because the price will go up a lot, but if you hear that person said the price will go up then get ready because the price will fall a lot