Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sirty143 on August 09, 2020, 03:21:30 AM

Title: The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K
Post by: sirty143 on August 09, 2020, 03:21:30 AM
The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K

(https://i.imgur.com/8oSJ2Yvl.jpg)

The price of Bitcoin has successfully tested a new support zone before the weekend but will it be enough to finally push above $12,000? See more for yourself here (https://cointelegraph.com/news/the-price-of-bitcoin-is-facing-its-final-resistance-zone-before-15k).

Your opinion is greatly appreciated.
Title: Re: The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K
Post by: Quart on August 09, 2020, 09:22:07 AM
Are you sure that Bitcoin really will go to $15K? Honestly, I am still not really sure about it, but looking at the current sign, it is possible for $15K in the near future. I think if the market is always in positive trend, we just need few months for Bitcoin to pass $15K. However, no guarantee about it, mate.
Title: Re: The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K
Post by: lepbagong on August 09, 2020, 09:56:34 AM
Quote from: Quart on August 09, 2020, 09:22:07 AM
Are you sure that Bitcoin really will go to $15K? Honestly, I am still not really sure about it, but looking at the current sign, it is possible for $15K in the near future. I think if the market is always in positive trend, we just need few months for Bitcoin to pass $15K. However, no guarantee about it, mate.
anything is possible with bitcoin, but the effect of the halving can clearly make bitcoin reach its highest value. currently bitcoin continues to be in the range of $ 11K and continues to try several times to penetrate $ 12K, even though it finally drops again.

but the potential to break $ 12K is clear and if it continues to stay above $ 12K then it is certain that bitcoin will find momentum to continue to rise. If we look at the momentum to break the $ 10K in the past.

The prediction that it will be able to reach $ 15K by the end of the year is possible, but it is still quite a long time to achieve it, in that time bitcoin may also decline, but bitcoin will correct quickly to return to its goal of making bitcoin increase sharp.
Title: Re: The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K
Post by: syedrasool2011 on August 09, 2020, 11:29:12 AM
I think we have one more big drop to go before we go parabolic. The situation with Covid-19, the coming housing crisis, and the US election results will probably lead to another market crash. I expect BTC to drop with the stock market when this happens. Fundamentals and technical analysis are nothing compared to human emotion when panic sets in. I'll be ready to load my bags if this happens.