[ Bitcoin ] Huge Bitcoin bounce, but was $7656 the bottom?
Yesterday we say the bitcoin price go down to $7656 and then a very aggressive bounce to $8888 (I think that is a lucky number). What a ride, but are the Bulls or the Bears in control? Are the bulls back in change now?
I had to watch 3 videos to make up my mind. I believe that as long as we are making higher highs from $7656 we are going up. We made a higher high from $7656 on $8180 on Bitstamp prices. We are currently on $8929 and must go higher than $9080.
Here is Tone Vays who predicted a drop to $7500 before yesterday. He gives us a more long term view. He wants Bitcoin to go above $9200 before seeing $7656 as the bottom:
Haejin Lee gives us a more longer term view and he thinks we are going down one more time, but not much lower than $7600 then big up trent:
Here is the short term view for daytraders from The Chart Guys:
What do you think of the current bitcoin prices? Was $7656 the bottom?
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Is all the way up!
M O O N S H O T !!!!
In my opinion Bitcoin could go as high as 14000 and downtrend would still be intact. Weekly macd just flipped over which is bearish. Gl to all out there. And fuck the big banks
Bitcoin will soar to it's new all time high but it's a bumpy ride.
Couldn't Agree With You More!
I hope we have seen the bottom and that it is on the up now!
Jip me too, only time will tell. Lets see it 9200 can break, then it is all good for Bitcoin and Steem @janique
we didnt see the bottom yet i believe. that is probabely 6000
You think so @bitcoinwolf? I hope not. :)
yes. the correction is not over yet. minimum one more month and that means that the price can drop to 6000. mabe lower
the $6000 BTC is very close now. we may even see it at 5000 soon. In 3-4 weeks its time to buy
We hear a lot of predictions in these days, at the end of the day we have to look at thisn information what we have , for example we can look for resistance levels, for example around the 7500$ is a clear resistance level, if it drops further the nex would be around 5000$ what also would be a nice buy oppertunity, I don't think it will go lower than 5000$ , but if, imagine to buy btc at about the resistance level around 2500$ ;)
however , we have to keep calm, sooner or later we have to fasten our seat belts and:
Tone Vays recons that it you are a buy and holder, any price below 9000 is good time to buy. I believes we will see 20000 again @mcmaffel
one more month of correction
I believe $7656 was and will be the lowest for this year for bitcoin will not just bounce back but maintain a healthy recovery
I believe this year the crypto will go very well for the money..there are positive developments in this direction do not lose hope @colinbrazendale :)
Goood