Bitcoin Weekly Dead Cat Bounce ending, $10K price target coming soon.

[TangentC]

Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

Happy Trading  


Buying Opportunity at $10k, anything before that is you just giving money away.  

[Tytanowy Janusz]

Thank you for this useless information. But just for curiousity. Which type of analysis did you choose to make this predicions? Reading from tea leaves, crystal ball or tarot cards?

"JP Morgan Revises Bitcoin Target To $130,000" - https://www.nasdaq.com/articles/jp-morgan-revises-bitcoin-target-to-%24130000-citing-decreased-volatility-2021-04-04
"Ark Invest and JPMorgan expect Bitcoin to hit $130K–$470K" - https://cointelegraph.com/news/ark-invest-and-jpmorgan-expect-bitcoin-to-hit-130k-470k
"A new Bitcoin (CCC:BTC-USD) price prediction claims that the crypto could hit the $100,000 mark by the end of 2021" - https://www.nasdaq.com/articles/bitcoin-price-prediction-2021%3A-why-btc-could-hit-%24100k-by-year-end-2021-06-04

Were they all wrong and you are right? Maybe. Or maybe you are all wrong, including you, fortune-teller from coffee grounds, because its impossible to predict bitcoin price with exact numbers or dates?

[Timelord2067]

I definitely feel bitcoin is on track to land at $10,000 at the end of this year.  It's a long overdue correction after the price manipulation of one twit on twitter.  

Years' end will be the time to buy with a view to medium term (five to ten years) HODLing of Bitcoin as an investment.

[Lucius]

I definitely feel bitcoin is on track to land at $10,000 at the end of this year.  It's a long overdue correction after the price manipulation of one twit on twitter.

If only you had something concrete besides the feeling that it would happen, this way it just looks like an ordinary FUD that usually comes from characters like OP who constantly live in the hope that they will be able to buy BTC at discounted prices. It’s also completely wrong for someone to think that one tweet that brought us here where we are now, because I already wrote that - we achieved this price long before that psychopath invested in BTC or announced that his company accepted it as a means of payment.

As far as my memory goes, I've noticed that you've been very pessimistic lately about which direction Bitcoin has gone and that you think its real value is actually around $5000 - but there's not much left by the end of the year, so get your fiat ready for the Christmas and New Year crypto sale - maybe Santa will bring you a special discount.

As the Covid-19 pandemic has demonstrated any kind of global shock will send jitters in local economies or indeed global stock markets in this case Bitcoin itself where investors who had parked funds in crypto pulled out causing the price to collapse to sub $5,000. (Which is more likely the "real" value of Bitcoin)

This rally is a painfully obvious pump, so watch for the dump which is probably just around the corner.

Bitcoin is increasingly turning into a pseudo gold/silver commodity (i.e. a method of storing wealth) instead of being used to make secure online purchases as originally intended.

[barota]

in my opinion if the wall 30k fall prices of bitcoin can fall to 20k easly , in the moment of bull run and servel time prices already touche 30000 usd per btc but we have seeing a recover , this time i think there is a big probability that prices will crash to 20k most of traders say bear market just started , everyone should not buy for short term , investors should wait and see the market next weeks , because the last bearish trend of past years was long and it was take about two years or more , and this is the big problem with bitcoin , the recover need more time and this is not easy to wait servels months for prices back to any high level for example ,

[Timelord2067]

...

Guilty as charged that I am pessimistic about the price of bitcoin and its over inflated price.  I'm pleased someone has noted I've been consistent in my conviction that the price needs to come down ^(*), and yes, you're right - I have no proof that the price will come down except a strong feeling based on my observations over the years.

(*)Hopefully it also proves I'm not just filling post counts with conflicting opinions just to make my weekly post count quota...

[zanezane]

I definitely feel bitcoin is on track to land at $10,000 at the end of this year.  It's a long overdue correction after the price manipulation of one twit on twitter. 

Years' end will be the time to buy with a view to medium term (five to ten years) HODLing of Bitcoin as an investment.

I hope that your feeling is somewhat right because I want to buy some bitcoin at a really low price and I have a lot that is on hodl so an addition of bitcoin being bought is probably the right call.

[hugeblack]

What you are proposing is not a prediction, but rather just throwing speech into the air, which is nothing more than just talk and not analysis.
Do you have anything that might support this hypothesis? Schemes? Statistical models? Patterns or psychological analysis may support this hypothesis?
In general, historically, we did not go down from the highest peak in the previous session, and therefore the possibility of a break below $20,000 seems unrealistic given the current changes.

In general, we always find a lot of optimism when the price goes up and vice versa.

[Lucius]

Guilty as charged that I am pessimistic about the price of bitcoin and its over inflated price.  I'm pleased someone has noted I've been consistent in my conviction that the price needs to come down ^(*), and yes, you're right - I have no proof that the price will come down except a strong feeling based on my observations over the years.

Everyone has a right to their opinion, it would be really weird if we all think the same. I belong to the majority who think that the bull run is not over yet and that we have not reached the maximum ATH for this year. The already worn-out phrase that past results are not a measure of the future can be applied this year as well - but the year after halving has always proved to be the most successful in terms of price growth - which was no exception this year either. The question of all questions is whether all the fuel has been used up, or will the rocket take off much higher in phase 3 or 4?

(*)Hopefully it also proves I'm not just filling post counts with conflicting opinions just to make my weekly post count quota...

Far from it, it is easy to recognize a signature spammer - and for you, I would never say you crossed over to the dark side

[proudhon]

Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

Happy Trading  


Buying Opportunity at $10k, anything before that is you just giving money away.  

Anything before $1,000 is giving money away. I've proven this multiple times.

[sana54210]

Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

This is going to increase more and more in the future. There will be more and more people who will make you scared of buying bitcoin, there are few reasons but the main reason is the fact that they want bitcoin to go down, they do not even hide it anymore and say "buy at 10k" because they will buy higher so they know it will not reach to 10k, so they want to see it go down as much as it can while they keep on buying, want you to sell them cheaper and cheaper.

Reality is that bitcoin is great at every price, it is great at 10k, it is great at 30k, it is great at 64k, buy whenever you can and keep on buying at all times, save money as much as you can and buy bitcoin (unless it puts pressure on your finances, in that case don't) and eventually you will realize that the financial freedom goes through innovations like bitcoin that gives power to people instead of the rich.

[rhodelmabanal]

Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

Happy Trading  


Buying Opportunity at $10k, anything before that is you just giving money away.  

I think there is no basis about this kind of prediction, how will you know and how you feeling like so sure about this information final destination 10k$ are you kidding!. I think bitcoin will drop but 10k$  is imposible to reach this time, look at the present price we are again rising from 31k$ to 33k$ it looks more posible to rise up to 100k$ before year end than falling up to 10k$.

[Fundamentals Of]

How am I giving money away when I am not selling even a small portion of my Bitcoin? On the contrary, those who are selling right now are the ones who are giving away their precious asset in exchange for a bouncing dead cat called fiat.

Bitcoin is unpredictable so you may be true but I'd rather risk not selling Bitcoin at $30,000 than not being able to buy it back again when it reaches $150,000 at the end of the year.

[Beparanf]

Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

Happy Trading  


Buying Opportunity at $10k, anything before that is you just giving money away.  

I think there is no basis about this kind of prediction, how will you know and how you feeling like so sure about this information final destination 10k$ are you kidding!. I think bitcoin will drop but 10k$  is imposible to reach this time, look at the present price we are again rising from 31k$ to 33k$ it looks more posible to rise up to 100k$ before year end than falling up to 10k$.

Actually, Looking at the monthly graph of Bitcoin is very scary, I'm not saying that I'm supportive this BS topic of OP but Bitcoin is really struggling at 30K level. Once another FUD release next month, Bitcoin might revisit again all the possible resistance that turns to support last year. I hope that more good news will come this July.

[Taskford]

Bitcoin Weekly Dead Cat Bounce ending
Bitcoin Price
Soon to be below $30K
A few more dead cat bounces
Next to be below $20K
A few more dead cat bounces
Final Destination $10K

Happy Trading  


Buying Opportunity at $10k, anything before that is you just giving money away.  

I think there is no basis about this kind of prediction, how will you know and how you feeling like so sure about this information final destination 10k$ are you kidding!. I think bitcoin will drop but 10k$  is imposible to reach this time, look at the present price we are again rising from 31k$ to 33k$ it looks more posible to rise up to 100k$ before year end than falling up to 10k$.

Actually, Looking at the monthly graph of Bitcoin is very scary, I'm not saying that I'm supportive this BS topic of OP but Bitcoin is really struggling at 30K level. Once another FUD release next month, Bitcoin might revisit again all the possible resistance that turns to support last year. I hope that more good news will come this July.

That's what I though also since graph tells how bitcoin possibly move and if there's another fud will spread for sure we can see bitcoin collapsing and it will be more worse if we can see another snapshot just like what happen before so hopefully we can see some green lights which can help bitcoin sustain its current value or even help it up to pump up again.

[buwaytress]

So I should just let go of all my BTC now and wait for $10k to triple my Bitcoin huh? But nah, I'm happy to hold and let others buy the dip. Though that's gonna be some kind of dip.

Dead cat bounces, nothing new but would really be kind of cool (if a little scary) to go below $20k -- since it's never happened that Bitcoin goes below an ATH it's already passed in a new cycle.

[Gozie51]

You just made a random guess of bitcoin price without trace to your source, no graphics to show for it so that your analysis can be better explained and debated on to. You can't get your dreams somewhere and put it out here even if it is going to happen, you need some graphics or chart for it.

[Oilacris]

You just made a random guess of bitcoin price without trace to your source, no graphics to show for it so that your analysis can be better explained and debated on to. You can't get your dreams somewhere and put it out here even if it is going to happen, you need some graphics or chart for it.

When we do talk about dead cat bounce then if you are somewhat experienced on technical analysis then you can already picture out on what it looks like and of course you can draw it for your self on what the things he's trying to elaborate which is clearly not really precise.

Its true though that if there are some claims about some possible price situation then there should be some specific charting on where at least the community would able to see it up on what he's trying to show off.

We have seen that bitcoin had almost break that 30k support but it wont really be ending up on dead cat bounce as the market or its price had already gradually recovering. Technicals could neither do work or not and this is how unpredictable the market is.

[BlackHatCoiner]

Thanks for your useful information. I was looking into it with studied price analysis, but dead cat bounces? That's genius! How hadn't we thought of it? What will happen after the $10k, any ideas? Just to be sure that it won't fall below, fortune teller.

I definitely feel bitcoin is on track to land at $10,000 at the end of this year.  It's a long overdue correction after the price manipulation of one twit on twitter.

You should close your Twitter tab and think; does this have any potential right now? Is the demand of it increasing? Is the supply increasing slowly now that every block creates 6.25 BTC? What happened in the previous years? Could it happen to this halving too?

Anything before $1,000 is giving money away.

Anything before my two cents is giving money away.

[RapTarX]

Are you in the same boat as of me? Have sold earlier and now regretting for your decision. Now praying for BTC to get down so that you can buy LOL. Well, I wouldn’t be surprise if I see BTC below $20k but $10k seems too low at the moment to be honest. May be the miner who said last time to buy before $10k, and that will be the last support from where BTC will bounce back but I doubt we will see $10k anymore. Nevertheless, I would be pretty happy to see that point and would happily invest all my savings at $10k although I will start buying from $20k for sure.