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[onlyprofits]

Many of us saw that BTC broke the 12K resistance for a very short time, it could not stay above that price, therefore the price fell to $ 11,650, marking a decrease of almost 10% from which it made the break. This causes investors and traders to be very aware of any disadvantageous situation.
BTC tried to break out by breaking the 12K resistance by hitting around $ 12,464 on Bitstamp, but was unable to stay above that milestone and turn it into support, again fell and remains below 12K for now.
As the breakout was not met, then the $ 10,800 supports are back in the game of possible BTC declines.
There is a possible bearish divergence, this would be fulfilled if the BTC loses the support of $ 11,400 - $ 11,600, then it would end in the area of $ 9,700, but if the BTC remains at the level of $ 11,400 - $ 11,600 it could reach $ 13,000 which is the next resistance present.
For now, BTC is consolidating the area and we must be aware of any news that may affect the price of BTC and take it to the levels of $ 9,700, this is not bad for those who have liquidity, since they would buy more BTC in that area. level and it would be excellent for him.

 

[SCAMEXPOSER]

Is this method practical and did you get it?

That's the fact , if you produce goods and people don't buy it , the value can't appreciate , the same thing go for Crypto currencies, people hold them to give them strength.

 

[Wisdom01]

There are still a lot of speculation of bitcoin increasing to $120k even if we have all seen a huge drop in the price of bitcoin ,am sure it would increase

 

[SCAMEXPOSER]

There are still a lot of speculation of bitcoin increasing to $120k even if we have all seen a huge drop in the price of bitcoin ,am sure it would increase

The drop has not been huge as you said recall the all time high of bitcoin is $61,000 and the coin is currently at $55,000 which is not bad.

 

[Wisdom01]

The drop has not been huge as you said recall the all time high of bitcoin is $61,000 and the coin is currently at $55,000 which is not bad.

Its not bad but for some people but those ones who bought at the bullish run ,actually sees how bad it is, i hope the price could improve more

 

[SCAMEXPOSER]

Its not bad but for some people but those ones who bought at the bullish run ,actually sees how bad it is, i hope the price could improve more

The fear of missing out people are usually scape goat for such, I don't like buying coins especially bitcoin when the price is on the rise because there is always a time to dip in every stage .

 

[Wisdom01]

The fear of missing out people are usually scape goat for such, I don't like buying coins especially bitcoin when the price is on the rise because there is always a time to dip in every stage .

I also dont dont do that but for those who do that would see it as a huge dip and pray it increase again , so their investment won't be gone

 

[Wisdom01]

It would for sure. No one knows what gonna happen in some couple of weeks coming. Bitcoin is $55k, i know it is kerping resistance value between $55-60k. Immediately it climbs to $65k it will climb to $70k. Continuously that way, will take it to $120k from now to December.

Thats the plan and range i am expecting bitcoin to reach , i just hope it gets to that range i would be really glad it got there finally i think

 

[Wisdom01]

Let's keep expecting and hoping it gets to that range. But I'll urge us all, to invest at least any amount on Bitcoin. So when the price gets to that level we'll join the other investors and earn.

Yeah true and not investing when its very high because we would now get confused , imagine those that bought the coin when the price was $20k

 

[Wisdom01]

Those people are simply rocking because their investment yielded more than double now. And the run from $20 - $55k started from December to now. Just duration of 3 months and those people are making such huge amount around Bitcoin. If they holdl it till December 2021, it will be unbelievable.

And i could remember then that micro strategy bought at the rate of $10k now the price as sky rocket and have move really high i think

 

[btaliat]

Reading this article allows me to appraise the developers of bitcoin. Last year August is just a a year and some months and bitcoin has recorded times 5 of its price then. This shows that bitcoins is not a coin one needs to beefing when it comes to cryptocurrency.
It is even rumored that it is making its $100k this year, though it may not be possible because it has never broken the resistance price of $60k and besides, the year just some days to run out.

 

[Wisdom01]

Reading this article allows me to appraise the developers of bitcoin. Last year August is just a a year and some months and bitcoin has recorded times 5 of its price then. This shows that bitcoins is not a coin one needs to beefing when it comes to cryptocurrency.
It is even rumored that it is making its $100k this year, though it may not be possible because it has never broken the resistance price of $60k and besides, the year just some days to run out.

This year I was expecting it to reach $100k so easy , since we have entered a new month ,and the price needs more increase so investors can make gain ,but the huge drop that happened yesterday ,make have that uncertainty and doubt that we might still see Bitcoin move as high to $100k or even close to it this year

 

[SCAMEXPOSER]

Reading this article allows me to appraise the developers of bitcoin. Last year August is just a a year and some months and bitcoin has recorded times 5 of its price then. This shows that bitcoins is not a coin one needs to beefing when it comes to cryptocurrency.
It is even rumored that it is making its $100k this year, though it may not be possible because it has never broken the resistance price of $60k and besides, the year just some days to run out.

Bitcoin price closed around 20,000 dollars last year so you have to compare to you this year it has gained 120% which is very remarkable and if we are to go by records, 100,000 dollars is not achievable by the end of this year there's every possibility that next year to be achievable if possible more than $100,000 or close to $150,000

 

[SCAMEXPOSER]

Not really an old one because it was raised this year rather it shows how Bitcoin has grown significantly within the few months back. I think the next target will be how far Bitcoin will go next year though lots of predictions failed this year. Most people believe Bitcoin price could hit $100,000 this year but unfortunately it might close the year with less than or equal to $50,000.

 

[Kingsleyy]

Wow ever since this post was made and looking at the price of BTC now it has almost double x 5 of everybody's investments especially those that invested during this time.. I believe during this time there was some cryptocurrency that were still at the early stage of development and are now at a higher price.

 

[dorcasy]

Many of us saw that BTC broke the 12K resistance for a very short time, it could not stay above that price, therefore the price fell to $ 11,650, marking a decrease of almost 10% from which it made the break. This causes investors and traders to be very aware of any disadvantageous situation.
BTC tried to break out by breaking the 12K resistance by hitting around $ 12,464 on Bitstamp, but was unable to stay above that milestone and turn it into support, again fell and remains below 12K for now.
As the breakout was not met, then the $ 10,800 supports are back in the game of possible BTC declines.
There is a possible bearish divergence, this would be fulfilled if the BTC loses the support of $ 11,400 - $ 11,600, then it would end in the area of $ 9,700, but if the BTC remains at the level of $ 11,400 - $ 11,600 it could reach $ 13,000 which is the next resistance present.
For now, BTC is consolidating the area and we must be aware of any news that may affect the price of BTC and take it to the levels of $ 9,700, this is not bad for those who have liquidity, since they would buy more BTC in that area. level and it would be excellent for him.

Today the story is different as we can see clearly that Bitcoin is ranging around 45,000 dollars.
Who would have believed that in a space of a year Bitcoin will have made such impact,while we contemplate on wether to save or not be rest assured that we are targeting $100,000 for bitcoin and it's just a matter of time.

 

[Balint098]

Currently, bitcoin is starting to rise again after a week of weak performance. Bitcoin will need to reach at least 50k in price before preparing to rise higher. Seems the bear is still tightly gripping on crypto market as of today, though, so be prepared for a lot of bumps along the road. I'm still believing that one day bitcoin will reach 100k. It's only a matter of 'when', that makes me anxious.