Bitcoin future?

we can go to the 10K or lower this year so it's better to be careful
look at the trade volumes on tradingview

or even to 6-8K
anyway after hitting 16K going to buy!

Even some fluctuations are not able to critically affect Bitcoin

For now, cryptocurrency is a profitable investment, with a plan for several years.
Swing speculation can be unsuccessful, because the main engine is large investors and companies that prohibit or allow the use of cryptocurrencies. As well as different countries.
This market is still developing and when buying cryptocurrency, you should understand that it may fall in price, but once this fall will be covered.

I believe in crypto and its future... at least for mid-term ( not so sure about the long-term but I think it'll stick around). I'm especially excited about some ways to geather bitcoin lately 'for free', like watching ads on different apps, some exchanges are giving you bonuses or allowing you to 'mine' there... it's cool cuz when you put all those small amounts together, it's not so little anymore. :)

I would say it will back to 50k in September and then will start correction because of psychological pressure.
Finally it will be the hard impulse to new tops around 100k or the same flag pattern as we saw in 2017, but then also the growth hard impulse.

Danproperty posted:
I would say it will back to 50k in September and then will start correction because of psychological pressure.
Finally it will be the hard impulse to new tops around 100k or the same flag pattern as we saw in 2017, but then also the growth hard impulse.

Looks like you`re close to the first prognosis. Let`s see the continuation. 😉

@Croisssan I think it's the whales , early investors and super rich CEOs that threaten the price of Bitcoin . What happened three months ago is quite a good example of how people with enough influence and money can manipulate the prices of cryptos, even BTC.

Tradextol posted:
@Croisssan I think it's the whales , early investors and super rich CEOs that threaten the price of Bitcoin . What happened three months ago is quite a good example of how people with enough influence and money can manipulate the prices of cryptos, even BTC.

Yes manipulation is an issue with crypto currency however as it gets larger and more consistent I believe manipulation will be less likely to threaten in terms of volatility

Tradextol posted:
@Croisssan I think it's the whales , early investors and super rich CEOs that threaten the price of Bitcoin . What happened three months ago is quite a good example of how people with enough influence and money can manipulate the prices of cryptos, even BTC.

Absolutely right.

I believe that bitcoin as well as any other cryptocurrency has its own future and I think it will be a very favorable atmosphere in future for cryptocurrency development. Of course, there are some people who don't believe in cryptos and state that there is no future in case we speak about bitcoin, nevertheless such conclusions should be made only according to thorough analysis of the market. So, in my opinion, bitcoin will be more powerful in future, and there is chance to buy it today and sell it in future, however don't do it without analysis, otherwise you're taking huge risks on yourself.

I think the price of Bitcoin will rise because the younger generation is more interested in cryptocurrencies. There are a lot of benefits and it seems to me like the older people are more inclined to stay away from it and stick with traditional money, but more retailers and banks will likely begin to accept Bitcoin and other cryptocurrencies as it becomes more popular.

Crypto will always remain a niche asset class unless people's salary is paid in crypto. At the moment I cannot see that happening. Of all the crypto the only one that may last is Tether, others will all crash and burn in the next 20 years

Hi all.
Kind of a hard week and hard times at all and here i`m am again. Is all about Bitcoin lost or it`s just a healthy correction? Guess what… nothing is lost yet, not at all. Be sure that when something in the Bitcoin`s life change in negative direction i`ll admit it but that time isn`t come yet.
In the next 3 posts i`ll show you how nothing has changed in Bitcoin`s technicals (up to this date) after this week`s dip. This 3 charts will be daily, weekly and monthly.
I`m starting with the lowest and may be the less interesting chart – daily. In this chart we`ll see a couple of indicators – 50 MA, 200 MA, EMA Ribbon and the fibo levels. The price is still above the 50 MA and a bit lower from the 200 MA – not a 100% bullish but bullish after all. The more interesting is the interaction between both MA`s. As you`ll see from the chart we`re very close to so called Golden cross – very bullish. What about EMA ribbon? The price is not above it but it`s also not below it. The ribbon itself is not in a flipping position too. These 2 facts are also more bullish than bearish. Fibo levels you can use as support and resistance levels. If we fall way lower, I believe at least the golden pocket (from $38400 and $37600) will react as a strong support and we`ll bounce from there and this will be around $10000 higher than the previous low – positive for the actual bull run.
That`s it for now. Like I said above, this is not so interesting but the next (weekly) chart will be way more interesting and bullish.
See ya and remember… DCA (dollar cost average) all the way. It`s a marathon not a sprint.

Are you guys trading crypto with leverage? I am specifically a Bitocoin follower.

Danproperty posted:
I would say it will back to 50k in September and then will start correction because of psychological pressure.
Finally it will be the hard impulse to new tops around 100k or the same flag pattern as we saw in 2017, but then also the growth hard impulse.

I am already waiting for an impulse after the completion of the correction.

ChanKaiTai posted:
Are you guys trading crypto with leverage? I am specifically a Bitocoin follower.

From time to time.

It has always been interesting to find out which cryptocurrency platform is in the top 10. I started looking for reviews on the Internet and found couple of them. Any idea about this ? thank you

yefoledy posted:
It has always been interesting to find out which cryptocurrency platform is in the top 10. I started looking for reviews on the Internet and found couple of them. Any idea about this ? thank you

What do you mean exactly?