Speculation just by RSI

[electronicash]

just comparing how high the price could go before diving back down again to restart the momentum because from what we could see the RSI hit 84 already in the daily chart. can;t see this going up further unless someone out there are crazy enough to keep pushing.



same findings i can see on the weekly chart. although it could still be stretch, it may not last longer as well. so it if touches the target $100k, i could very well be plunging faster than we could login to our accounts to sell.

how low can the price be for its reset?

a. 85k
b. 77k

[Charles-Tim]

All I know is that bitcoin will not fall below $80000 before the next bear market will begin. Can you see how bitcoin got to $80000 easily and how it was not a resistance at all and it increased above it easily. Bitcoin is not likely going back to $77000 for now.

[Faisal2202]

how low can the price be for its reset?

a. 85k
b. 77k

I think when the buying pressure will end then BTC can retrace back to around $80k because the dip we saw 1 or 2 days ago which took BTC from $91k to $88k showed how every other alt went red and it feels like it was manipulation and maybe as I was excited to buy alts some have already fall for that small dip and bought the altcoins already.

But the difference there was low with $85k so even if BTC touches $85k that's not enough to make market shake again it have to go as low as $80k or maybe more lower to give investors a good chance to buy back.

[electronicash]

how low can the price be for its reset?

a. 85k
b. 77k

I think when the buying pressure will end then BTC can retrace back to around $80k because the dip we saw 1 or 2 days ago which took BTC from $91k to $88k showed how every other alt went red and it feels like it was manipulation and maybe as I was excited to buy alts some have already fall for that small dip and bought the altcoins already.

But the difference there was low with $85k so even if BTC touches $85k that's not enough to make market shake again it have to go as low as $80k or maybe more lower to give investors a good chance to buy back.

am already anticipating for the price to dip when it hit $80k. i was thinking it will not shoot up with one godly candle in the month of Nov which by the last week of the month it may dip to $80k again or maybe 77k or 73? just somewhere down. if it does i might just buy back since i'm sensing this will continue because of the rumors flying such as banks are getting in already.

crypto is now $3T that was the last cap back in 2021. its probably going to triple or more next year. 

[TomPluz]

...although it could still be stretch, it may not last longer as well. so it if touches the target $100k, i could very well be plunging faster than we could login to our accounts to sell. how low can the price be for its reset?

a. 85k
b. 77k

I can sense that the next goal for Bitcoin will be $100K and this can be generally agreed by all right now...so we might speculate what can happen when BTC will touched this zone. Will it go down back to the $70K zone for its retracement movement...or if permitted will it go for more like $125K which can be a very explosive as it will determine that there can even be more? Well, only time can tell what will be and any idea or opinion of our own will not actually matter a lot. So let's all just watch many developments happening in the market right now.

[CoinHolder]

All I know is that bitcoin will not fall below $80000 before the next bear market will begin. Can you see how bitcoin got to $80000 easily and how it was not a resistance at all and it increased above it easily. Bitcoin is not likely going back to $77000 for now.

I think Bitcoin will cross $100,000 before 2025. But the price is already increasing. And if you pay attention, you will see that Bitcoin has gone from 70 thousand dollars to 92 thousand dollars in just a few days.

[omori]

All I know is that bitcoin will not fall below $80000 before the next bear market will begin. Can you see how bitcoin got to $80000 easily and how it was not a resistance at all and it increased above it easily. Bitcoin is not likely going back to $77000 for now.

I think Bitcoin will cross $100,000 before 2025. But the price is already increasing. And if you pay attention, you will see that Bitcoin has gone from 70 thousand dollars to 92 thousand dollars in just a few days.

Yep, I too think $100k is totally reachable.
And we will see that mark crossed in no time.

[dave_strider]

...although it could still be stretch, it may not last longer as well. so it if touches the target $100k, i could very well be plunging faster than we could login to our accounts to sell. how low can the price be for its reset?

a. 85k
b. 77k

I can sense that the next goal for Bitcoin will be $100K and this can be generally agreed by all right now...so we might speculate what can happen when BTC will touched this zone. Will it go down back to the $70K zone for its retracement movement...or if permitted will it go for more like $125K which can be a very explosive as it will determine that there can even be more? Well, only time can tell what will be and any idea or opinion of our own will not actually matter a lot. So let's all just watch many developments happening in the market right now.

I think even if there is a correction underway after the $100k is breached - we will drop back to 80-86k-ish. And then we would see what the rally for BTC would turn out to be afterward.

[luckyledger]

how low can the price be for its reset?

a. 85k
b. 77k

I think when the buying pressure will end then BTC can retrace back to around $80k because the dip we saw 1 or 2 days ago which took BTC from $91k to $88k showed how every other alt went red and it feels like it was manipulation and maybe as I was excited to buy alts some have already fall for that small dip and bought the altcoins already.

But the difference there was low with $85k so even if BTC touches $85k that's not enough to make market shake again it have to go as low as $80k or maybe more lower to give investors a good chance to buy back.

Probably won't happen till we breach 100k and trace wayyy back when it was on such a price mark.
I do think that the correction is imminent and we will see it in the near future, obviously.

[gunhell16]

...although it could still be stretch, it may not last longer as well. so it if touches the target $100k, i could very well be plunging faster than we could login to our accounts to sell. how low can the price be for its reset?

a. 85k
b. 77k

I can sense that the next goal for Bitcoin will be $100K and this can be generally agreed by all right now...so we might speculate what can happen when BTC will touched this zone. Will it go down back to the $70K zone for its retracement movement...or if permitted will it go for more like $125K which can be a very explosive as it will determine that there can even be more? Well, only time can tell what will be and any idea or opinion of our own will not actually matter a lot. So let's all just watch many developments happening in the market right now.

For my speculation, according to my analysis, 2-3 weeks from now the price value of bitcoin in the market will be at 100k$, and it is possible that by the beginning of 2025 the price of bitcoin will be more than 100k$, it may be at 110k$ or more by that time.

I said this because we are hardly dropping below 90k$ in reality, that means we are really pushing to touch 100k$, and I am pretty sure that there will be some who will take profit once the price of bitcoin in the market reaches 100k$.

[omori]

...although it could still be stretch, it may not last longer as well. so it if touches the target $100k, i could very well be plunging faster than we could login to our accounts to sell. how low can the price be for its reset?

a. 85k
b. 77k

I can sense that the next goal for Bitcoin will be $100K and this can be generally agreed by all right now...so we might speculate what can happen when BTC will touched this zone. Will it go down back to the $70K zone for its retracement movement...or if permitted will it go for more like $125K which can be a very explosive as it will determine that there can even be more? Well, only time can tell what will be and any idea or opinion of our own will not actually matter a lot. So let's all just watch many developments happening in the market right now.

For my speculation, according to my analysis, 2-3 weeks from now the price value of bitcoin in the market will be at 100k$, and it is possible that by the beginning of 2025 the price of bitcoin will be more than 100k$, it may be at 110k$ or more by that time.

I said this because we are hardly dropping below 90k$ in reality, that means we are really pushing to touch 100k$, and I am pretty sure that there will be some who will take profit once the price of bitcoin in the market reaches 100k$.

Interestingly enough.. I do think that in case of a big correction, we can fall further, however, I do agree with you on the fact that after 2025, the price of BTC would be like a rocket anyways.
So we need to be cautious and find the best opportunities to use this bullish sentiment.

[Bobcrypto]

I am looking at $105k before retracing back, but Bitcoin will not retrace back to $70k as some are speculating. Once we Btc touches $100k, or a little above, it is possible that many will book profits that may send us back to between $90k to $88k level.
A possible dip to $80k may occur, and if that happens, there may be a bounce to start another uptrends movements in early January 2025, in my opinion. Again, the next Bitcoin pump is likely to take effect after January, especially when Donald Trump resumes officer with a positive speech on his promises.

[tequilla_sunset]

I am looking at $105k before retracing back, but Bitcoin will not retrace back to $70k as some are speculating. Once we Btc touches $100k, or a little above, it is possible that many will book profits that may send us back to between $90k to $88k level.
A possible dip to $80k may occur, and if that happens, there may be a bounce to start another uptrends movements in early January 2025, in my opinion. Again, the next Bitcoin pump is likely to take effect after January, especially when Donald Trump resumes officer with a positive speech on his promises.

You nailed it.
I do agree with your take, anyways, 2025 should be a good year for crypto if Trump is going to deliver at least half of his promises.

[Mr. Magkaisa]

            -      Right now, I don't see any deep correction or retracement happening if I read the chart at the moment. It's actually quite aggressively bullish because we've barely dropped below $91,000, you can really feel that most buyers are pushing through to reach $100k.

And once $100k is touched, there's likely to be a severe retracement, which will result in a deep liquidation, and that's where we need to be sensitive about where and when we buy back.

[Faisal2202]

Probably won't happen till we breach 100k and trace wayyy back when it was on such a price mark.
I do think that the correction is imminent and we will see it in the near future, obviously.

Actually you can be right as all of us are making the same prediction that retracement is imminent and most of the times when the majority is speculating on the same factor and hoping for it to happen soon it won't happen instead it's oppsite will happen and that can be it will pump more till $100k and might dump more then we predicted.

But still it will dump and I think that's for sure not now maybe 1 or 2 months after last 10 days of the December in my sight are more volatile and in that time market can make retracement or might not be as the cycles don't really repeat all the time so.