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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: SRShanuka2020 on May 29, 2020, 09:40:48 PM

Title: Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
Post by: SRShanuka2020 on May 29, 2020, 09:40:48 PM
Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst


(https://i.imgur.com/R4CsEL2.png)


Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start.

That is the opinion of popular social media trader and analyst Positive Crypto, who on May 29 declared that the largest cryptocurrency’s 896-day climbdown would soon be over.

Visit For More info: Here (https://cointelegraph.com/news/bitcoin-896-day-accumulation-will-now-spark-100k-bull-run-analyst)
Title: Re: Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
Post by: Senin on June 25, 2020, 01:24:56 PM
After dividing bitcoin in half and in anticipation of the global economic crisis, there is now a very good situation for the price growth of bitcoin and the cryptocurrency market as a whole. Therefore, we expect that bitcoin will soon rise in price to at least $ 20,000. Whether its further price growth will occur until we can only speculate based on previous similar experience and numerous graphs. In the meantime, we need to wait and observe the market.
Title: Re: Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
Post by: Noverteno on July 14, 2020, 07:53:42 AM
Bitcoin in the next year or two should increase significantly in price. However, I can not believe that the forecast in reaching a price of one hundred thousand dollars is real for the next two years. At the same time, cryptocurrency is a completely new type of financial asset, we do not have any practice on this issue. The previous price of bitcoin over the past ten years has been too low to make a forecast based on this.
Title: Re: Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
Post by: IyemRoker on July 16, 2020, 06:42:43 AM
896 days is indeed a long time and it also sometimes misses the issue of price predictions.
We can not determine this 896 turning point of the price of Bitcoin back up because everyone knows that Bitcoin does not depend on a matter of days.

Init of this topic may be counted 896 is a prediction but predictions remain predictions that can not make the right decision for the price of Bitcoin !!
Title: Re: Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
Post by: Astra on August 10, 2020, 09:00:10 PM
The forecast is, of course, very interesting. However, the further price of bitcoin is unlikely to correspond to its previous period of price growth. Everything in this world develops and changes. Bitcoin will not repeat its path, albeit on a different level. Still, one hundred thousand dollars is too high and unprecedented price for any currency. The road to that price won't be easy anyway. When Bitcoin hit $ 20,000, after a while it dropped to $ 6,000. Then if it reaches a price of $ 100,000, then over time it will drop in price by analogy to $ 30,000? Who then will buy bitcoin if it grows above $ 30,000?
Title: Re: Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
Post by: lepbagong on August 11, 2020, 01:48:49 PM
Quote from: SRShanuka2020 on May 29, 2020, 09:40:48 PM
--snip--
Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start.

That is the opinion of popular social media trader and analyst Positive Crypto, who on May 29 declared that the largest cryptocurrency’s 896-day climbdown would soon be over.

Visit For More info: Here (https://cointelegraph.com/news/bitcoin-896-day-accumulation-will-now-spark-100k-bull-run-analyst)

The effect of the halving will clearly occur for the increase in bitcoin in the future, because the halving events in the past have proven that. now with the position of bitcoin at $ 11,741 and continues to play around the price range that continues not to move, even several times past $ 12K even though it finally returned to the range that bitcoin really likes today.

The prediction that bitcoin will continue to increase is seen from bitcoin activity that doesn't want to fall back below $ 11K and continues to try to play the momentum could hit $ 12K and settle for a long time, which will then be increased at the end of this year to $ 15K.

time for bitcoin to continue to step, the increase will occur until 2021. When seen from the halving, the increase in bitcoin occurs a year later.
the time is now to prepare and invest your funds or transfer your tokens to bitcoin. so that you do not pass the incident where bitcoin reaches its peak.