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What about Bitcoin... :)

  • #661
  • Aug 2, 2021 12:00am Aug 2, 2021 12:00am
Quoting here2there
{quote} Do you want to know what is on my mind concerning Bitcoin and the crypto market in general? I believe we are in a bear market. This recent move up probably won't take us far. I believe we will likely see Bitcoin test its 2017 ATH for support. It's possible it might even go lower. This is just my belief. I could be wrong. Time will tell. But what I can clearly see, from the Weekly chart, is Bitcoin is ranging and is still in a downtrend.
I also thought it would fall to 20 K or below. But when verbal interventions from Bezos and Musk began at 29.5 K, it became clear higher powers would not allow this. On the weekly chart btc did not break the 61.8% Fibo, technically it was a downward correction, not a bearish trend as yet.
  • #662
  • Aug 2, 2021 12:44am Aug 2, 2021 12:44am
Quoting RichClaws
{quote} I also thought it would fall to 20 K or below. But when verbal interventions from Bezos and Musk began at 29.5 K, it became clear higher powers would not allow this. On the weekly chart btc did not break the 61.8% Fibo, technically it was a downward correction, not a bearish trend as yet.
I think this is just a relief rally. I've seen this during the previous bear market. But maybe things will be different this time.
Learn from your mistakes and march on.
  • #663
  • Aug 2, 2021 7:57am Aug 2, 2021 7:57am
I believe bitcoin will rise above 60k. Com' on BTC!!!
How much this fcking bear times should be?? Let's be a great bull!!!
  • #664
  • Aug 2, 2021 9:52am Aug 2, 2021 9:52am
Quoting here2there
{quote} I think this is just a relief rally. I've seen this during the previous bear market. But maybe things will be different this time.
It is just a quarterly shift. It is atypically negative, but there is no riddle on all this. Do not let the trees to hide the forest.

Guys, you have to look at charts globally.
  • #665
  • Aug 2, 2021 11:44pm Aug 2, 2021 11:44pm
Quoting DragonT
I believe bitcoin will rise above 60k. Com' on BTC!!! How much this fcking bear times should be?? Let's be a great bull!!!
By all indications, the bull market has already begun.
  • #666
  • Aug 3, 2021 6:54am Aug 3, 2021 6:54am
Quoting RichClaws
{quote} By all indications, the bull market has already begun.
After expansions like last quarter's, it is more likely to be followed by a consolidation. However, I think that is important just buying as price was or is dropping to start selling if price will recover in the future.

Imo BTC-USDT needs to rebalance near the 50Ks now and then we will see.
  • #667
  • Aug 4, 2021 12:10am Aug 4, 2021 12:10am
Quoting scherzi
{quote} After expansions like last quarter's, it is more likely to be followed by a consolidation. However, I think that is important just buying as price was or is dropping to start selling if price will recover in the future. Imo BTC-USDT needs to rebalance near the 50Ks now and then we will see.
It will be too late at 50K )
  • #668
  • Aug 4, 2021 8:20am Aug 4, 2021 8:20am
Quoting RichClaws
{quote} By all indications, the bull market has already begun.

Inserted Video
  • #669
  • Aug 6, 2021 7:17am Aug 6, 2021 7:17am
I am not so sure the bull market has really started. According to recent reports, the crypto spot trading volumes have shrunk with a whopping 31.5%, likely due to the sudden crackdown on the cryptocurrency industry in China. People have grown more cautious. Even if it's moving north now, that may not last long.
  • #670
  • Aug 9, 2021 5:30am Aug 9, 2021 5:30am
Bitcoin has already grown up to 45k. So I don't think that it will down again... Bitcoin please!! Grow.
  • #671
  • Aug 9, 2021 10:43pm Aug 9, 2021 10:43pm
Quoting DragonT
Bitcoin has already grown up to 45k. So I don't think that it will down again... Bitcoin please!! Grow.
I believe it could go below 20k again. But it will take some time to get there. These prices are too high. I am not buying at these prices.
Learn from your mistakes and march on.
  • #672
  • Aug 9, 2021 10:45pm Aug 9, 2021 10:45pm
Quoting james1254
...People have grown more cautious. Even if it's moving north now, that may not last long.
I agree.
Learn from your mistakes and march on.
  • #673
  • Aug 13, 2021 7:41am Aug 13, 2021 7:41am
Quoting michaelpelly
Last year at this time there was a hot topic - Bitcoin!!! I see it still moves towards $1 000 000 per coin! Why some people would never understand the meaning of the word “hype”!? And the simple rule - when a hype gets to the masses, all profit is already done. I have friends that lost basket of money in the “dotcom bubble” back in 1999. I have friends that lost tons of money in the “flip house bubble” in 2009. I have friends that hold some sweaty Bitcoins purchased at ridiculous price and we are coming to 2019. And they are still advocating......
Im confident there not a ponzi and in the future will have a big place. People said it about credit cards when they came out. I do think only a few will be adapted in to mainstream and getting on the right ones is key. We’re living in a time now where we can get in early and maybe make some big bucks. Not in Bitcoin but other smaller coins will turn big.
  • #674
  • Aug 21, 2021 1:34pm Aug 21, 2021 1:34pm
its going up!
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD_2021-08-21_13-33-06.png Size: 140 KB
  • #675
  • Sep 7, 2021 1:05pm Sep 7, 2021 1:05pm
It looks like they broke through 50,000 (61.8% Fibo) and merged a little. It's time to buy from the current ones with a target above the highs of 64,000.
  • #676
  • Sep 7, 2021 3:48pm Sep 7, 2021 3:48pm
some of the charting gurus that I follow on Youtube are both saying how BTC will drop down to around $20,000 and will rocket back up past $100,000 probably next year.
  • #677
  • Oct 8, 2021 7:35am Oct 8, 2021 7:35am
It turns out I was wrong. China recently completely banned crypto, and all that caused was a temporary depreciation. BTC is very bullish now and by the looks of it may actually rally back to 60k some time soon. Nothing can really stop it, it seems.
  • #678
  • Oct 12, 2021 11:22pm Oct 12, 2021 11:22pm
@James1254 The price of cryptocurrencies is prone to volatile swings, especially after such big news but bitcoin as we know, is here to stay.
  • #679
  • Oct 16, 2021 9:24am Oct 16, 2021 9:24am
Its just technology, its not going anywhere.

ETF announced now, its here to stay, and is now legitimate.

100k by year end?
  • #680
  • Oct 18, 2021 3:56am Oct 18, 2021 3:56am
Yeah, Bitcoin yeah. 60k!!
Let's go futher. I think 70k is the next goal. And maybe 80-90k by the end of the year. I believe in it.
Now it tested on the 60k level.
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