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Bitcoin (BTC) analysis thread
Miembro desde Jun 10, 2022
posts 25
Jul 18, 2022 at 05:03
Miembro desde Jun 10, 2022
posts 25
Waanderlust posted:
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.
I really don't there would be an end as many billionaires has ownership in the asset.
Miembro desde Apr 09, 2019
posts 516
Jul 26, 2022 at 10:45
Miembro desde Apr 09, 2019
posts 516
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
Miembro desde Oct 20, 2018
posts 283
Waanderlust posted:
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.
Thanks and not everyone has gradually started losing hope, only the crypto newbies do this.
momchil_slavov@
Miembro desde Jul 20, 2020
posts 385
Jul 31, 2022 at 16:18
Miembro desde Dec 09, 2013
posts 138
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
Miembro desde Jul 25, 2022
posts 20
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.
Miembro desde Jul 20, 2020
posts 385
Aug 10, 2022 at 02:57
Miembro desde Aug 09, 2022
posts 4
HertzTrader posted:
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
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.
Aug 11, 2022 at 16:45
Miembro desde Dec 09, 2013
posts 138
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.
Miembro desde Jul 20, 2020
posts 385
Miembro desde Aug 24, 2022
posts 1
Miembro desde Aug 08, 2022
posts 19
Miembro desde Jul 20, 2020
posts 385
Miembro desde Jul 20, 2020
posts 385
Sep 12, 2022 at 16:27
Miembro desde Jul 20, 2020
posts 385
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
Miembro desde Jul 20, 2020
posts 385
Miembro desde Apr 09, 2019
posts 516

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