New and important analysis of bitcoin

[Hippocrypto]

I expecting more changes as we closely reach to the 4th quarter of this year. The market keeps calm this time, the current movement is quite low and less volatile than of previous days. Seeing $12k back on the line or surging high to $15k before we end up this year it seems to be possible. I don't see such pressure for the whales to help it out but maybe they can make it possible and have this Christmas season a joyful one despite the pandemic hits us.

Bitcoin seems to range only in in same amount this fast few months, price volatility somehow depends on news or market status and there are no news or events yet that can break in this amount whether to goes up or down, but we still need to monitored the market even there are no signs of what trend may happen next. Monitor and still be ready since we can't predict how volatile still the market is.

The news about the market tend to influence many people everytime market changes, and through fud on social media together with articles initiating panic stories; we experienced more fluctuations. Bitcoin started to gain good momentum last August, but unfortunately it went back to bearish trend.
As I've read some news during that month, predictions also rolled over that it might bounce and recover but nothing happened because same old story has been foretold.

[STT]

I did think we sold off below 10k during September start but as the daily bar did not close on that price it will not show as the most significant price which is bar close not range.   I do think BTC rises long term but we can still fall in this year even with buying such as this, the most important investor is not represented especially due to being the smallest.  I still think the smallest users count the most and might be the most dedicated long term, all other speculation relies on those who will return to BTC as a user more then this idea of investment.   Greyscale is charging 2% a year for its services, thats really above what most funds I can obtain would charge so I wont rely on them especially for a main indicator of likely success in BTC maybe a reflection of confidence by finance investors especially.

[bitgolden]

It is not going to be easy to keep it above 11.5k because we are around 10.5k right now, which means we first need to go above 11.5k and if we reach there it looks like we are in a bullish run and we are not going to drop under 10k at all, we are going to be fine and safe. However at the same time if we do not go above 11.5k that means we are not in bullish run and it means we could drop under 10k as well and go down pretty hard.

Moreover bitcoin will make a move eventually, I know we have been around the same price for few months now and that is why people want to see some change, down or up, but it may not come soon, we are doing fine right now and as long as people are not jumping into bitcoin to change the prices and just watch from far that means price will not change any time soon.

[smyslov]

On the other hand, Bitcoin can be seen at the top of healthy support. About 1.4 million Chinese blockchain addresses bought about 1 million bitcoins between $ 10,500 and $ 10,800. This area makes it difficult for market bears to fall in price.

Source:FXStreet

That's good news so we are safe to fall below the $10000 level, it's the Chinese contribution that makes the price to move forward, the Chinese owns most of the mining rigs, the top exchanges in the market and some of the top coins in the market, I'm checking the price movement for the last five years and there's an indication of a big fall before we headed to another all time high let's see, if history will repeat this time.

[peter0425]

another speculation here,more and more but it seems that market is not coping on what you are talking,we are still continue to up and down but only a little value.

I expecting more changes as we closely reach to the 4th quarter of this year. The market keeps calm this time, the current movement is quite low and less volatile than of previous days. Seeing $12k back on the line or surging high to $15k before we end up this year it seems to be possible. I don't see such pressure for the whales to help it out but maybe they can make it possible and have this Christmas season a joyful one despite the pandemic hits us.

we are already in 4th quarter now yet nothing is happening mate,i believe that we will move good in novemeber if not then by 2021 is the next
 chance since the vaccine for the virus will be in market.