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Author Topic: BTC price below $5500 probably already by mid July.  (Read 1186 times)

Offline ambar33n

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BTC price below $5500 probably already by mid July.
« on: July 10, 2018, 06:03:26 PM »
Reason: The stair pattern continues. Sharp down-movements alternate with slow up-movements. After each sharp down movement a new low is reached. This is the pattern we have seen the last months. Typically, a period of slow up-movements takes 7-10 days, roughly, and every time people say that now we've reached the bottom. So very likely we'll see another sharp down-movement in the next few days. This will lead us in the range of around 5300-5500 USD. And then it starts over. In August we'll see sub $5000 prices. Expect this to continue for a while.

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BTC price below $5500 probably already by mid July.
« on: July 10, 2018, 06:03:26 PM »

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Re: BTC price below $5500 probably already by mid July.
« Reply #1 on: July 14, 2018, 10:34:19 AM »
Looking at it over the past year, the downward trend is flattening out and dropping less and less month-to-month. We're beginning to see buyers show some resistance. My prediction is it will continue to flatten over the coming months and we'll see the beginnings of a bull run towards the end of the year.

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Re: BTC price below $5500 probably already by mid July.
« Reply #2 on: July 14, 2018, 01:24:51 PM »
Reason: The stair pattern continues. Sharp down-movements alternate with slow up-movements. After each sharp down movement a new low is reached. This is the pattern we have seen the last months. Typically, a period of slow up-movements takes 7-10 days, roughly, and every time people say that now we've reached the bottom. So very likely we'll see another sharp down-movement in the next few days. This will lead us in the range of around 5300-5500 USD. And then it starts over. In August we'll see sub $5000 prices. Expect this to continue for a while.
The time comes for a bull run to happen which I predicted happens will most likely in the last months of this year. This month and the next. unfortunately by the patterns mostly the price will steep down further

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Re: BTC price below $5500 probably already by mid July.
« Reply #3 on: July 14, 2018, 01:44:20 PM »
It is a good statistics but I think Btc is not going to fall below $6000 again this year. It went below that and has gradually went up a bit. I don't think it will fall below that again this year.

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Re: BTC price below $5500 probably already by mid July.
« Reply #4 on: August 20, 2018, 02:30:44 PM »
but the fact is Bitcoin this year was at All Time Down around $ 5,800.
we can see it here: https://bitcoinwisdom.com/markets/bitfinex/btcusd

and now the price is around $ 6,400.

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Re: BTC price below $5500 probably already by mid July.
« Reply #5 on: August 20, 2018, 03:07:00 PM »
It is a good statistics but I think Btc is not going to fall below $6000 again this year. It went below that and has gradually went up a bit. I don't think it will fall below that again this year.

Bitcoin price down to $6000 below it was $5700 few days ago. As for now bitcoin performance is doing good to come back on track. Maybe we should be hopeful that it will be back again more than 20k before the end of this year.

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Re: BTC price below $5500 probably already by mid July.
« Reply #6 on: August 20, 2018, 08:04:44 PM »
Again these left forecasts. A month and a week have passed, and the course is 6,400. I'm waiting for the forecast, when they say that it will drop to 4, but in fact it will rise in several
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Re: BTC price below $5500 probably already by mid July.
« Reply #6 on: August 20, 2018, 08:04:44 PM »


Offline husanchaika

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Re: BTC price below $5500 probably already by mid July.
« Reply #7 on: August 20, 2018, 08:40:50 PM »
Reason: The stair pattern continues. Sharp down-movements alternate with slow up-movements. After each sharp down movement a new low is reached. This is the pattern we have seen the last months. Typically, a period of slow up-movements takes 7-10 days, roughly, and every time people say that now we've reached the bottom. So very likely we'll see another sharp down-movement in the next few days. This will lead us in the range of around 5300-5500 USD. And then it starts over. In August we'll see sub $5000 prices. Expect this to continue for a while.

You're right about that.
Down-trend is going again and again.
But no one knows that it may be that whales are knowingly letting price down so all hodlers will get out of BTC and then whales will soar the price in a moment.
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Re: BTC price below $5500 probably already by mid July.
« Reply #8 on: August 21, 2018, 08:58:13 AM »
The crypto world today cannot be predicted specifically and accurately especially in the coin market. Bitcoin is now far from the prediction that already existed, now the price of Bitcoin is falling and continues to fall. I do not know the cause, and this is very worrying for me, because I am afraid that coins will continue to fall and many people will suffer losses.
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Re: BTC price below $5500 probably already by mid July.
« Reply #9 on: August 21, 2018, 10:51:37 AM »
Reason: The stair pattern continues. Sharp down-movements alternate with slow up-movements. After each sharp down movement a new low is reached. This is the pattern we have seen the last months. Typically, a period of slow up-movements takes 7-10 days, roughly, and every time people say that now we've reached the bottom. So very likely we'll see another sharp down-movement in the next few days. This will lead us in the range of around 5300-5500 USD. And then it starts over. In August we'll see sub $5000 prices. Expect this to continue for a while.

I think It is impossible. I still believe Bitcoin over $5500 at the end of this year..Bitcoin is so valuable and popular.
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MIXERO.IO
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MIX.NOW
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