Bitcoin Price

[sabingurung]

What do you think about Bitcoin Price? Will, it again stays below the resistance level?

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[Mahanton]

What do you think about Bitcoin Price? Will, it again stays below the resistance level?

This question had been beaten out to death not only on 14k but in all levels or resistances that we had in the past but surely it does have one answer.
"No one really knows" when talking about on whats ahead then no man will really able to see on what will happen. Why not try to lurk out on WO thread?
you would really be entertained on how people do love on predicting btc price? https://bitcointalk.org/index.php?topic=178336.0  

Also, you should have put up "no one knows" in the poll.

[pixie85]

The resistance already broke if you look at the charts. On Bitstamp the top used to be 13880 and we went to 14100 on November 31 so we've established a new 2 year high and the trend remains bullish.

I think that we'll continue to go up in the next 2 months with possible small drops to test the support levels like we did on October 28.

[goaldigger]

Bitcoin always try to beat the resistance level but there’s no guarantee that we can stay above that level, we are trying and I know in time we can make it. Do a long term speculation mate and don’t stress yourself thinking for possible trend every time you see the bitcoin price, last two months before the year end and my prediction is still around $15k.

[jossiel]

There is no right answer for your question.

Every bullish and bearish answer can be the answer that you are looking for. Bitcoin is known to have the most unpredicted market.

Even if we don't like to hear bearish answers, possibility of it has always been there.

[maxreish]

It may or may not. But if it will gonna broke the resitance level for sure, though others predicted it to go the way up to $16k level.
Some also said if it reached $14k it's a bullish trap. Well, just a predictions by bitcoin enthusiasts. And I can see positively $14k above is  really near.

[maydna]

Two possibilities for that. The price can stay below $14k, and the price can break $14k. The important here is you are ready for anything that can happen with the bitcoin price. If the situations are not good for bitcoin to increase, you can prepare your money to buy back Bitcoin at a low price. And if the price has more chances to grow, you can sell your bitcoin for more than $14k. But I am sure that the bitcoin price will break $14k and break another high price, no matter when that will happens. Perhaps, the price will be sideways for a while and gain more supports to increase higher in a few days.

[TheUltraElite]

What do you think about Bitcoin Price? Will, it again stays below the resistance level?

It is somewhat constant. There is always a change in price with buying and selling. Now whether it stays under or above resistance levels depends on the trend. You might have some chance to buy at this level too.

Remember that one should not become impatient about such things. Study the curves and see where you can find such levels and this will only help you in trading.

I think it might cross 14k which seems to be the next level but lets see.

[Xinarae*]

Since the Bitcoin price has crossed $14000 we can expect that in a few days the price of Bitcoin will be around $15000 again as Bitcoin is fluctuating a lot. We can say in the general sense that Bitcoin can go beyond 20,000 again. The Bitcoin movement is going to look a lot like what we saw a few years ago. If we think about the previous position we can say that Bitcoin is going to cross $14000 again in the next few days. I agree with you that $13000-$14000 thousand is a very good point where bitcoin is located again and again.

[xSkylarx]

Since with the recent news, I'm bullish right now on bitcoin so I think it won't go below 13k anymore. Many TAs are also indicating that pattern. If it continues to stay on that price then maybe we will see a new ATH next year.

Honestly no one really knows what will happen, after that ATH last 2017 many predicted that will increase even more on the following year but it didn't happen. You just have to be prepared when things doesn't go the way you want to.

[michellee]

It is difficult to know where the bitcoin price will move because there is no exact sign to know the bitcoin movement. We can only speculate and predict where will bitcoin move. But if we look at the chart, the bitcoin price is hard to get back to $14k, and it could stay at a price now. But well, everything can happen at the market, including the coming of the pump that can come anytime. Many of us are still hoping that we will see the new ATH soon. Maybe before the end of this year, the price will break $15 or another high price. But for this time, I guess that we need to wait for more info, including bitcoin news.

[btc_angela]

What do you think about Bitcoin Price? Will, it again stays below the resistance level?

No one has the crystal ball to see what the future holds, but so far support along the $13k is strong so I would say we are still good as of the moment. We are even trying to break into that $14k, but it is too much resistance for know. Maybe bulls are just consolidating again and will make a push to that level in the next coming days. Let's wait for the US election and see if it can have a positive effect on the ecosystem. For sure it will have short term, so let's just wait and see and remain calm.

[Wexnident]

General answer would be that No one really knows. Any answer provided outside the realm of no one knows is either the person who gave out the info is from the future, or that they're just basically guessing. Any form of analysis, studies based on past data, etc., are in the end just guesses, no matter how you paint it with all the technical terms you have. Even if they present a chart filled with percentages of possibilities, those possibilities are only of their own confidence levels, not the possibilities of movements of Bitcoin.

I'd just suggest you to actually read up various predictions and analysis, instead of asking cause really, there's no point. Some people post their analysis of the market here, and there's also the talks in WO thread, so it's really just a matter of studying them to come up with your own analysis.

[Xinarae*]

Bitcoin Price is difficult to mention what proportion Bitcoin will cost with the increase and fall of the market Bitcoin Price very difficult to predict in the longer term. Bitcoin is essentially like shares or currencies traded within the world of the internet. So its price fluctuates regularly Bitcoin Price itself a medium of exchange just like the dollar or the euro. nobody can determine the precise price. Bitcoin Price prices will increase as demand increases. As demand declines so Bitcoin Price value. Bitcoin is during a good position to return up with something that would break past records.

[GreatArkansas]

One of the major resistance for me now is the monthly closing green candle of Bitcoin last 2017 December.
It's just sad that October 2020 monthly candle, below of the 2017 December candle.
I think it's the reason now in the lower time frame, we dumped, like not staying above $14,000. But I am still positive in the short term.
Sideways are expected these coming weeks for me, I have much more confident breaking $15,000 then dropping below $12,000.

[SquallLeonhart]

For a few days is not really giving us an exact date so I picked that option. I don't know how many is a few but I think until this weekend nothing substantial will happen, around Thursday or Friday if there is any new movements that is when it will start. That is usually the case for crypto, usually things do not move that hectically between Monday and Wednesday because those are the days people focus on working, they come off from a weekend and they just want to focus on work and get things rolling, after Wednesday people slowly start and gradually increase their interest towards trading and other stuff again.

This is why I believe it is not going to be anything big until Friday and from Friday morning until Sunday it is going to make another change. If that is "few days" that means few days is the right option.