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  • View Poll Results: Were you see BITCOIN in 3 months?

    Voters
    14. You may not vote on this poll
    • 10.000 USD

      8 57.14%
    • 12.000 USD

      2 14.29%
    • 5.000 USD

      1 7.14%
    • 7.000 USD

      3 21.43%
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    Thread: #Bitcoin chart analysis

    1. #101
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      Bitcoin slow and steady.png
      Bitcoin for now is pretty slow and steady and floating above 8k. We can read in this that it has been around 8k for quite some time now and its going to be interesting to see whether it can build some up rising momentum or not. I think a move above 9500 will indicate further strength because that is previous lower high but if it starts to slide lower now, it might find new low level of 2018

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    4. #102
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      Quote Originally Posted by dzin4aans View Post
      Attachment 74215
      Bitcoin for now is pretty slow and steady and floating above 8k. We can read in this that it has been around 8k for quite some time now and its going to be interesting to see whether it can build some up rising momentum or not. I think a move above 9500 will indicate further strength because that is previous lower high but if it starts to slide lower now, it might find new low level of 2018
      From the looks of the current chart it seems that momentum is building back up. I think bitcoin is planning on testing the $10000 region back soon. A break above it will mean confidence are back which will be a good sign for all the bitcoin enthusiast out there.

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    6. #103
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      At the moment Bitcoin and other cryptocurrencies are heavily dependent on the fundamentals. No matter what the you see on the chart, a simple speculation can send them crashing down. I lost hope when the news about Facebook stopping all adverts about coins caused bitcoin to shed over $1000 over night in the Asian sessions. Im so skeptical about the future of coins. Though everything seems calm at the moment, but the moment a country regulatory agency issues a statement, it drops down.

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    8. #104
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      BTC flat.png
      its been a while since last we saw Bitcoin this calm and flat in the market. This means market is satisfied with the price and 8k indeed seems to be the level of confidence in investors. However if after that big drop such calm market indicate that the consolidation is in progress and a move higher is more possible than move lower but now the range of 7-9k is important either way. Looking for price to head to one or another level to decide on the direction.

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    10. #105
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      Quote Originally Posted by dzin4aans View Post
      Attachment 74272
      its been a while since last we saw Bitcoin this calm and flat in the market. This means market is satisfied with the price and 8k indeed seems to be the level of confidence in investors. However if after that big drop such calm market indicate that the consolidation is in progress and a move higher is more possible than move lower but now the range of 7-9k is important either way. Looking for price to head to one or another level to decide on the direction.
      I think bitcoin has marked a bottom at 5800 and it won't go down again to this level. Now bitcoin is blocked between 7700 and 9000, and I think it'll consolidate for a few more days in this range.

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    12. #106
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      No one can say exactly about Bitcoin, we can just imagine it will be higher but not really sure. I bought it on $3500 and when reached at 19000 i was thinking it will be more higher and people were talking exact same thing but suddenly it falls at 16000 then I sold it and now it it at 8000 and i am still happy

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    14. #107
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      Quote Originally Posted by cambiste View Post
      I think bitcoin has marked a bottom at 5800 and it won't go down again to this level. Now bitcoin is blocked between 7700 and 9000, and I think it'll consolidate for a few more days in this range.
      Yes could be. Chart of my idea below

      Quote Originally Posted by frazzaq2 View Post
      No one can say exactly about Bitcoin, we can just imagine it will be higher but not really sure. I bought it on $3500 and when reached at 19000 i was thinking it will be more higher and people were talking exact same thing but suddenly it falls at 16000 then I sold it and now it it at 8000 and i am still happy
      Wow that was a nice catch and good you sold it Big profits banked!

      BTC break.png
      today BTC move above 9k and notice the 4h candle that made the move above had higher volume compared to others. This means higher market participation was there. but now crucial part is 9,4k, last weeks high and if BTC can break this level, there is good chance it can rally further.

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    16. #108
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      BTC on the move.png
      Bitcoin is finally on the move! Once the 9,4k broken its now sitting at 10k. And at this point, many will try to sell it and guess what, its not gonna sell yet. In fact this slow paced move now reminds me of the move we had in November. Starting slowly step by step taking new highs. Now surely its not gonna take new highs but 11,12k is the first look for Bitcoin. Fingers crossed

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    18. #109
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      BTC flat again.png
      Bitcoin interesting, the slow and steady price movement continue and it seems that the volatility is very thin in the market. Similar to previous rising times like I yesterday mentioned so I think this Bitcoin long is again hold and carry on with the trade. Weekend will be interesting but most likely with same little volatility and slow and steady move.

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    21. #110
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      Quote Originally Posted by dzin4aans View Post
      Attachment 74348
      Bitcoin interesting, the slow and steady price movement continue and it seems that the volatility is very thin in the market. Similar to previous rising times like I yesterday mentioned so I think this Bitcoin long is again hold and carry on with the trade. Weekend will be interesting but most likely with same little volatility and slow and steady move.
      Bitcoin is finally above 10k, the upward movement is confirmed now and bitcoin may continue rising. From now on I'll buy bitcoin, and if it fall I'll add new long position For me bitcoin is going to rise above its highest level ever !

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