The bitcoin price movement

[OptimusPrime]

Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

https://cryptoslate.com/analyst-this-dire-technical-formation-may-spell-doom-for-bitcoins-near-term-price-action/

What do you think is going to happen?  A lot of analysis out there already concerning the bitcoin price and recently another news came up that the most recent bitcoin movement wasn't far from the same movement in 2018 that pulled the price down to 3k.

I am sure nobody wants this to happen but I don't think we can control it

[Luckyperson21]

I'm not sure the price of bitcoin will touch $3000. It is too far. If the price of bitcoin goes down, it might only touch $6000 - $6500. They will definitely keep the price of bitcoin from touching $6000. Maybe the media wrote the news in order to get many visitors.

[LogiC]

This is just a simple correction mate. For the past week it increase until 9k level right? So expect some pull back and not always green day. Based on the support it is really going down and got some short signal already. If I were you I'll wait for it to go down until 7k and check again the current movement. Dont believe on those fud.

[trauchot]

We all saw what manipulators are capable of, so that everything is possible before the bitcoin halving itself, but I don’t think that bitcoin will fall to 3k$, in general, everyone is already waiting for the growth of bitcoin and with bitcoin halving, bitcoin should start to grow.

[sturec22]

This analysis looks like what steve from cryptocrew university explains. I think 200 daily ma is really crucial for the bull season and i also believe that we are in a bear season. I think the price needs to move down one more time and consolidate over there for a couple of months if we want a healthy bull market in the near future

[zendicator]

again it is just a speculation. No one could guess the price of bitcoin would be. If you are a believer in trading signals, you can follow their calls and be sure to take responsibility about that. bitcoin halving is near. I dont think that we could see 3k levels at the moment.

[Ta.Form]

Great if the price of bitcoin returns to $ 3000. I can buy it again at a low price before the price gets high again. But based on the graph, it is not possible bitcoin to that price. They already have put up a thick price wall to keep the price from falling.

[alltalk]

Great if the price of bitcoin returns to $ 3000. I can buy it again at a low price before the price gets high again.

For people who don't hold Bitcoins since late 2017, it is okay. But for people who are still holding their assets since late 2017, it will be so hurt. They once again see so bad performance of Bitcoin performance. And they probably give up and get big losses suddenly.

But based on the graph, it is not possible bitcoin to that price. They already have put up a thick price wall to keep the price from falling.

I also think that it is rather impossible. If it really happens because of the whales factor, then investors will hard to believe in Bitcoin investment anymore.

[shadowdio]

I don't think we can see another bearish market again, well there is a little chance to happen, but as we can see the movement of the market this January seems is a good sign, high chance we can see bullish market especially there is bitcoin halving..

[Zed0X]

~
What do you think is going to happen?  A lot of analysis out there already concerning the bitcoin price and recently another news came up that the most recent bitcoin movement wasn't far from the same movement in 2018 that pulled the price down to 3k.

There are also plenty of analysts that are saying bitcoin will never be that low again and will soon pump. Some are even saying it will break the current ATH at $20K. It would be nice if these "experts" would put their money where their mouth is and bet against once another.

Nobody knows at the moment which group is right or wrong, it's a matter of where YOU think the market will go really.

[Master107]

Did we saw exact prediction of bitcoin price from the past even until now?
I can't remember. there's nothing to worry about the analysis of bitcoin low price prediction. Although it is good to be prepared but don't allow the prediction to trade your bitcoin.
If the analysis will happen the major affected will be those who bought bitcoin when it was 5k above specifically 10k up.

[Altcoin1998$]

At the beginning of new year 2020 bitcoin and Ethereum price is gradually up and all cryptocurrency coins price also covering its green signal. Bitcoin price gradually increasing from 6000 to 8700 in the first month. I am sure that bitcoin will reach the highest position in the running year 2020.

[damsix]

Nobody can stop the price of Bitcoin because Bitcoin is very natural for the advancement of prices determined by traders.
2018 is indeed far from expectations but I am sure one day it will happen to exceed the 2018 price.

So, many factors for rised up price of Bitcoin ,maybe not this day and very soon price of Bitcoin will be Moon , i'm sure !

[Master107]

I am sure that bitcoin will reach the highest position in the running year 2020.

We hope it will at the right season. There are more things to happen as we are in the first quarter of the year 2020.

Nobody can stop the price of Bitcoin because Bitcoin is very natural for the advancement of prices determined by traders.
2018 is indeed far from expectations but I am sure one day it will happen to exceed the 2018 price.

So, many factors for rised up price of Bitcoin ,maybe not this day and very soon price of Bitcoin will be Moon , i'm sure !

We are all expectators to exceed bitcoin price and record ATH.
It is good to be true and optimistic. Let us keep our desire for the better part of your cryptocurrency lifestyle.

[Uina]

Bitcoin and other altcoins are pretty stable for two days so far and I like that it is maintaining its value. So far it is doing well and I really do hope that it won't go down at $10k rate at the end of the year so we could still improvements even if it doesn't reach another ATH again.