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Author Topic: Here is my analysis about btc  (Read 465 times)
Portocervo777 (OP)
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December 07, 2022, 08:30:16 PM
 #41

Having a certain understanding of the possible near future is not possible. We could try as much as possible and that would be lovely but that doesn't mean that we will understand how it all works, it is not going to be that simple and it will be quite difficult to handle in the long run as well if you keep focusing on short term.

Sure go ahead and trade, and try to make profit, but that doesn't mean that it is certain, you can analyse it as much as you want and it could still shock you. This is why I love long term investment, I know it will be higher than the current price if we look at 5 10 years down the road, will it crash along the way? Of course it will, and I won't mind it.


I dont analyse years i analyse short term.

Today btc plan have changed i see btc going to 15k price range soon and highest will be 17,100-17,300 price range.
I give this 1-2 days this scenario to play out.

Anyways i have opened btc short and Also altcoin shorts
Im full short now becouse i see the crash starting soon.
LUCKMCFLY
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December 18, 2022, 12:09:45 AM
 #42

Anyways today i start to think btc might not go up much
The strong support i see it's 13300$  not before.
I dont belive btc can go over 17k today i see it's getting weak.
However Im full short tonight this what i belive and my indicators show to me.

Yes, the cryptocurrency market is such that you can change your forecasts every day, and not as you wrote earlier that the price in December will be at the level of 18400-18800 dollars. Now a little more negative news is enough and the price of BTC will go a couple of thousand lower.

Well, we are starting the month when there is more demand for everything, shopping and everything, it may be that we will hear negative news and yes, Bitcoin may continue to fall, but this may be momentary, because throughout December people are spending, the people get into buying and this could make bitcoin go up a bit, just for the season, that possibility fits and there is another positive thing, the fact that we are in the middle of the world cup, that makes a lot of money move and at great levels and one of the Maeras is with casinos, with sports betting that has a lot to do with crypto and bitcoin, so there are two very positive factors.

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December 19, 2022, 05:35:34 PM
 #43

we are starting the month when there is more demand for everything, shopping and everything, it may be that we will hear negative news and yes, Bitcoin may continue to fall, but this may be momentary, because throughout December people are spending, the people get into buying and this could make bitcoin go up a bit, just for the season, that possibility fits and there is another positive thing, the fact that we are in the middle of the world cup, that makes a lot of money move and at great levels and one of the Maeras is with casinos, with sports betting that has a lot to do with crypto and bitcoin, so there are two very positive factors.
I think this December we have here is different from the ones that we have in the past because there's a lot of negative things that occurred this year, whether in the crypto world or in the real world and that have affected the people financially so they might be budgeting now rather than shopping recklessly in preparation for the main event which was Christmas and New-Year.

I don't know if the World Cup have done some contributions in Bitcoin's value because its price seems to be at the same level and it did even fall some. Maybe it did contributed on other cryptos because there are so many cryptos that can be used to place a bet online.

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December 19, 2022, 06:02:10 PM
 #44

we are starting the month when there is more demand for everything, shopping and everything, it may be that we will hear negative news and yes, Bitcoin may continue to fall, but this may be momentary, because throughout December people are spending, the people get into buying and this could make bitcoin go up a bit, just for the season, that possibility fits and there is another positive thing, the fact that we are in the middle of the world cup, that makes a lot of money move and at great levels and one of the Maeras is with casinos, with sports betting that has a lot to do with crypto and bitcoin, so there are two very positive factors.
I think this December we have here is different from the ones that we have in the past because there's a lot of negative things that occurred this year, whether in the crypto world or in the real world and that have affected the people financially so they might be budgeting now rather than shopping recklessly in preparation for the main event which was Christmas and New-Year.

I don't know if the World Cup have done some contributions in Bitcoin's value because its price seems to be at the same level and it did even fall some. Maybe it did contributed on other cryptos because there are so many cryptos that can be used to place a bet online.

I don't think betting coins have any impact on the bitcoin price. I have seen many bulls and bear runs. There is no way we can predict the price of bitcoin through charts and list of events. Last Dece, the price of Bitcoin was floating in 40 to 50k and this December it has gone further down. IMO, keep calm and accumulate bitcoin. If you see historic price chart of Bitcoin then after every bearish season, bitcoin has a run.
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December 19, 2022, 08:58:32 PM
 #45

Next  month december the btc highest price i see will be 18400$-18800$ price range.
Today btc have reached up and many traders think it's good time to Open short positions but untfortunately altcoins will go up Even higher.

The support are 16k this month and next month december.

If you follow this you Will know what the Market and btc Will do it.

So today i dont Open shorts becouse it's trap bear trap.

So offcourse i show what i know before i start offering payed service for private customers Wink
Having some sort of understanding the direction it is going is more than enough in most cases, nothing too big and not creating any trouble but it is definitely not something that we might ignore if we do not do the whole analysis correctly.

World cup shouldn't possibly have any sort of benefit or damage to bitcoin, it's not reasonable to expect such a thing but if you ignore all these and just assume it is not then it's not going to be that simple at all, it will definitely come with costs later on if you keep ignoring all of them. I am guessing Christmas is the reason and it should be like that for a long time as well and nothing worse.
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December 20, 2022, 06:49:20 PM
 #46

BTC seems to be forming a bear flag i the daily time frame. Currently, it is going towards testing the mid line of the flag at $17k level. If by any chance we break and close above $17k level then we might test the $18k-$18.2k level once again.

If BTC gives daily close below $16k then this bear flag breaks down and in that case there is high possibility we see another low of BTC. For invalidation of this bearish scenario, BTC needs to break the $18k level and hold abbove it.
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