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Bitcoin (BTC) analysis thread
Mitglied seit Jun 10, 2022
26 Posts
Jul 18, 2022 at 05:03
Mitglied seit Jun 10, 2022
26 Posts
Waanderlust posted:I really don't there would be an end as many billionaires has ownership in the asset.
Hey, your analysis is good. Everyone has gradually started losing hope and they think it is the end for bitcoins. However, I still believe they will rise again.
Mitglied seit Apr 09, 2019
538 Posts
Jul 26, 2022 at 10:45
Mitglied seit Apr 09, 2019
538 Posts
Bearish still for me all day long. Until we test the 28k level and then break the 30k range I'm bearish. I still think there is liquidity to grab in a deep discount around 12k.
If you can't spot the liquidity then you are the liquidity.
Jul 30, 2022 at 10:02
Mitglied seit Oct 20, 2018
300 Posts
Waanderlust posted:Thanks and not everyone has gradually started losing hope, only the crypto newbies do this.
Hey, your analysis is good. Everyone has gradually started losing hope and they think it is the end for bitcoins. However, I still believe they will rise again.
momchil_slavov@
Mitglied seit Jul 20, 2020
399 Posts
Jul 31, 2022 at 16:18
Mitglied seit Dec 09, 2013
139 Posts
The level of 18650 seems to be working as a level of support in the daily chart. The price has been bullish upon having double bounces. It may head towards the North for a while. The level of 27500 may work as a level of resistance in Bitcoin.
Aug 05, 2022 at 09:56
Mitglied seit Jul 25, 2022
20 Posts
For the last 1 week, the BTC value has been fluctuating around 23k usd price level. We can expect it to rise in the coming week as the price level is gradually increasing. Although a recent news article by cloud wisdom suggested that nearly 36% crypto traders expect bitcoin to reach $30k mark by the end of this august, most economic analysts have kept the $36k mark as a target by the end of this year. Since the US Fed rates are increasing, and an economic recession is likely to happen, we cannot expect a high recovery of bitcoin too soon. However, bitcoin is sure to rise within 2-3 years timeframe.
Mitglied seit Jul 20, 2020
399 Posts
Aug 10, 2022 at 02:57
Mitglied seit Aug 09, 2022
4 Posts
HertzTrader posted:I strongly agree with you, because in the future era digital money is likely to replace the existing paper money, and many countries are now going digital.
The recent rise in BTC following the outbreak of coronavirus has confirmed belief that BTC is digital gold. There will be a rush to BTC next time there are any economic jitters. I will be buying dips from now on
Aug 11, 2022 at 16:45
Mitglied seit Dec 09, 2013
139 Posts
Bitcoin has been very bullish today. The H4 chart shows that the price found its support at 22750 and made a good bullish move. It is having a bearish correction at the moment. The level of 24200 may hold the price as a level of flipped support and push the price towards the North.
Mitglied seit Jul 20, 2020
399 Posts
Mitglied seit Aug 24, 2022
1 Posts
Aug 24, 2022 at 13:06
Mitglied seit Aug 24, 2022
1 Posts
BTC is only for investing, and still I don't even know if it's worth buying anymore.. I'm looking into DeFi projects like WEIcrypto and I also think Ethereum has more prominence than BTC. Might be wrong tho, I'm only thinking out loud
Mitglied seit Aug 08, 2022
19 Posts
Mitglied seit Jul 20, 2020
399 Posts
Aug 28, 2022 at 09:56
Mitglied seit Jul 20, 2020
399 Posts
marco_mmbiz posted:marco_mmbiz posted:
I don't expect anything before August... 😄
Oh, well... 😀
It looks ripe to clear the liquidity resting below them lows before a move up. Hopefully its just a wick swipe and then bullish from there
Mitglied seit Jul 20, 2020
399 Posts
Sep 12, 2022 at 16:27
Mitglied seit Jul 20, 2020
399 Posts
Cistern posted:
BTC is considered to be a very good long term investment! During Covid, it bounced back and is better. Beginners should consider investing in bitcoin as its price is low these days.
I think so too. I think there is so much institutional money there that it is going to be moving up soon. I am still looking at the 12K mark and then a reaction
Mitglied seit Jul 20, 2020
399 Posts
Mitglied seit Apr 09, 2019
538 Posts
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