86K and going down!

[Asiska02]

For the past couple of days the market bleeds unstoppable, Bitcoin affected a lot even though Bybit hack has nothing to do with Bitcoin. So what's your analysis now, will it go down to 70-75K range?

I am not a fan of speculation just interested to hear the analysis made according to the situation.

Despite the bearish trend of the market, it is yet to reach your predicted zone. Whenever Bitcoin gets too dip, it’ll always find a way to recover back and the last time it did, it went up all to $90K which relived a lot of holders that the market will receive and reach its ATH once again after been away from that price for a while now. The market is on another bearish trend, don’t know if it’ll get to $70K this time around but whatever happens, it’ll definitely not bother long time holders and neither will they panic. Only short term hodlers and spot traders holding on to some alt coins will be bothered as most of the altcoins currently are als falling in price.

[Rubel007]

For the past couple of days the market bleeds unstoppable, Bitcoin affected a lot even though Bybit hack has nothing to do with Bitcoin. So what's your analysis now, will it go down to 70-75K range?

I am not a fan of speculation just interested to hear the analysis made according to the situation.

Despite the bearish trend of the market, it is yet to reach your predicted zone. Whenever Bitcoin gets too dip, it’ll always find a way to recover back and the last time it did, it went up all to $90K which relived a lot of holders that the market will receive and reach its ATH once again after been away from that price for a while now. The market is on another bearish trend, don’t know if it’ll get to $70K this time around but whatever happens, it’ll definitely not bother long time holders and neither will they panic. Only short term hodlers and spot traders holding on to some alt coins will be bothered as most of the altcoins currently are als falling in price.

Well, In such a situation, there is no pressure to be a long-term holder. For some who are interested in short-term investments, there is high risk even if they get good returns during this time. According to the current market conditions, the price of Bitcoin may decrease further during this time. Due to which there is a lot of tension among short-term investors. They are under more pressure mentally. In the last 24 hours, the price of Bitcoin was at a low of 76k and after bouncing back from there, it is again in the range of 81k. In this volatility, buying and selling Bitcoin is definitely stressful for short-term investors.

[SmartGold01]

For the past couple of days the market bleeds unstoppable, Bitcoin affected a lot even though Bybit hack has nothing to do with Bitcoin. So what's your analysis now, will it go down to 70-75K range?

I am not a fan of speculation just interested to hear the analysis made according to the situation.

Despite the bearish trend of the market, it is yet to reach your predicted zone. Whenever Bitcoin gets too dip, it’ll always find a way to recover back and the last time it did, it went up all to $90K which relived a lot of holders that the market will receive and reach its ATH once again after been away from that price for a while now. The market is on another bearish trend, don’t know if it’ll get to $70K this time around but whatever happens, it’ll definitely not bother long time holders and neither will they panic. Only short term hodlers and spot traders holding on to some alt coins will be bothered as most of the altcoins currently are als falling in price.

Currently the market would only favor long term holders because they wouldn't be panicked to sell of their holdings instead could decide to do DCA to increase their holdings. Usually people who do not know how the market operate could be that tempted to easily pushed off their holdings in other to secure profits, as Long term cryptocurrency investor would know that is the right time to accumulate more Bitcoin.

[JISAN]

For the past couple of days the market bleeds unstoppable, Bitcoin affected a lot even though Bybit hack has nothing to do with Bitcoin. So what's your analysis now, will it go down to 70-75K range?

I am not a fan of speculation just interested to hear the analysis made according to the situation.

Despite the bearish trend of the market, it is yet to reach your predicted zone. Whenever Bitcoin gets too dip, it’ll always find a way to recover back and the last time it did, it went up all to $90K which relived a lot of holders that the market will receive and reach its ATH once again after been away from that price for a while now. The market is on another bearish trend, don’t know if it’ll get to $70K this time around but whatever happens, it’ll definitely not bother long time holders and neither will they panic. Only short term hodlers and spot traders holding on to some alt coins will be bothered as most of the altcoins currently are als falling in price.

Currently the market would only favor long term holders because they wouldn't be panicked to sell of their holdings instead could decide to do DCA to increase their holdings. Usually people who do not know how the market operate could be that tempted to easily pushed off their holdings in other to secure profits, as Long term cryptocurrency investor would know that is the right time to accumulate more Bitcoin.

Bitcoin price may further down as Bitcoin price movement does not look positive. Even if the price goes up a bit, it comes down again very quickly. So Bitcoin looks like it could drop below $60,000 at any time so this could be very bad news for Bitcoin investors and good news for many as they will be able to buy Bitcoin again at a much lower price.  Which will give huge profit at next ATH

[UNIVERSE]

Bitcoin price may further down as Bitcoin price movement does not look positive. Even if the price goes up a bit, it comes down again very quickly. So Bitcoin looks like it could drop below $60,000 at any time so this could be very bad news for Bitcoin investors and good news for many as they will be able to buy Bitcoin again at a much lower price.  Which will give huge profit at next ATH

Yesterday, Bitcoin was pumped to $84k. It was a positive move, right? If now Bitcoin is decreasing its price, we can understand that it is a temporary dump after the pump. There will be always a decrease after an increase, we don't be so surprised. Yes, Bitcoin isn't impossible to drop below $70k. But I doubt if Bitcoin will drop to $60k. I think the lowest price will be around $65k.

[SmartGold01]

For the past couple of days the market bleeds unstoppable, Bitcoin affected a lot even though Bybit hack has nothing to do with Bitcoin. So what's your analysis now, will it go down to 70-75K range?

I am not a fan of speculation just interested to hear the analysis made according to the situation.

Despite the bearish trend of the market, it is yet to reach your predicted zone. Whenever Bitcoin gets too dip, it’ll always find a way to recover back and the last time it did, it went up all to $90K which relived a lot of holders that the market will receive and reach its ATH once again after been away from that price for a while now. The market is on another bearish trend, don’t know if it’ll get to $70K this time around but whatever happens, it’ll definitely not bother long time holders and neither will they panic. Only short term hodlers and spot traders holding on to some alt coins will be bothered as most of the altcoins currently are als falling in price.

Currently the market would only favor long term holders because they wouldn't be panicked to sell of their holdings instead could decide to do DCA to increase their holdings. Usually people who do not know how the market operate could be that tempted to easily pushed off their holdings in other to secure profits, as Long term cryptocurrency investor would know that is the right time to accumulate more Bitcoin.

Bitcoin price may further down as Bitcoin price movement does not look positive. Even if the price goes up a bit, it comes down again very quickly. So Bitcoin looks like it could drop below $60,000 at any time so this could be very bad news for Bitcoin investors and good news for many as they will be able to buy Bitcoin again at a much lower price.  Which will give huge profit at next ATH

This would likely happened if we passed through the bull season because as I know the bull market is not yet over and from history bull market doesn't close by this time. So, even if the market would drop it wouldn't exceed the range of 80-70k in my own perspective and we shouldn't be that carried away instead, we have to be ready at that point to accumulate enough of it.

[armanda90]

For right now, seems still difficulty for bitcoin break out above $86k after several days keep stable at lower price since price crash last several weeks ago under $78k. Most waiting moment for bitcoin and altcoin holder maybe take more longer time for awhile due bitcoin have difficulty break out and for altcoin holder take right moment to purchase as much possibility with any top altcoins.
If want make investment with bitcoin I think right now is very profitable moment after bitcoin crash and have possibility will break out again above $100k, just waiting when the right moment coming not difficult for bitcoin raise up back and hit new ATH price after latest ATH above $108k.

[Blaze]

For right now, seems still difficulty for bitcoin break out above $86k after several days keep stable at lower price since price crash last several weeks ago under $78k. Most waiting moment for bitcoin and altcoin holder maybe take more longer time for awhile due bitcoin have difficulty break out and for altcoin holder take right moment to purchase as much possibility with any top altcoins.
If want make investment with bitcoin I think right now is very profitable moment after bitcoin crash and have possibility will break out again above $100k, just waiting when the right moment coming not difficult for bitcoin raise up back and hit new ATH price after latest ATH above $108k.

The current trends of Bitcoin are still volatile since it has come under pressure in the past weeks. Slightly, the price appears to be a victim of a search for higher ground before it can advance to the next level. Many are still expecting the prices of Bitcoin to rise once again to the kind of levels that the current market situation can be considered favourable. Apparently, this scenario may testify to the attempts to retest the zone of $90K-$100K in the nearest months; with the utmost potential rising above $110K if the buying pressure rises further. But if the selling pressure remains strong, there is potential that price drops back to the $75K-$78K range then, breaks up and move up as usual.

[pawel7777]

Looks like yesterday's enthusiasm was not long-lasting.
According to CMC, today's high was $87,443.27 in a very early hours, but things went downhill from there. I guess we are going to be stuck between $80-$85k for abit longer. A break out will happen eventually and I still think it's more likely to go up.

[enwi]

Looks like yesterday's enthusiasm was not long-lasting.
According to CMC, today's high was $87,443.27 in a very early hours, but things went downhill from there. I guess we are going to be stuck between $80-$85k for abit longer. A break out will happen eventually and I still think it's more likely to go up.

I have some doubts about Bitcoin experiencing a price increase in the near future. Actually, the consolidation level which is found at the current level could be considered reliable to uphold an upward pattern. It even seemed to reached $87,000 but as soon as this level was reached selling pressure started to come into effect and reduce the price. It may suggest that there is some volatility in the market, and unless a strong up-thrust is made, it may stagnate at this level or go lower. As much as I do not dismiss an increase, if there is constant selling pressure and demand is not enough then it can also go the other way around.

[Rubel007]

Looks like yesterday's enthusiasm was not long-lasting.
According to CMC, today's high was $87,443.27 in a very early hours, but things went downhill from there. I guess we are going to be stuck between $80-$85k for abit longer. A break out will happen eventually and I still think it's more likely to go up.

When the price of Bitcoin is touching 80k, the price of Bitcoin is going up again in a short time, which is why we can say that there is a big possibility of Bitcoin's price increasing. I will agree with you that looking at the current market trend, it seems that it will take some more time to become bullish. That is, the price of Bitcoin can be stable between 84-90 K. But it will not take time for the market to change at any time. That is, crossing 100 K can now only be a matter of time. If the price increases by about 20 percent from the current market price, then the price of Bitcoin cross 100K.

[UNIVERSE]

When the price of Bitcoin is touching 80k, the price of Bitcoin is going up again in a short time, which is why we can say that there is a big possibility of Bitcoin's price increasing. I will agree with you that looking at the current market trend, it seems that it will take some more time to become bullish. That is, the price of Bitcoin can be stable between 84-90 K. But it will not take time for the market to change at any time. That is, crossing 100 K can now only be a matter of time. If the price increases by about 20 percent from the current market price, then the price of Bitcoin cross 100K.

Yes, Bitcoin has been increasing again. After it dropped below $80k, it starts to increase again gradually. However, it is likely in a sideways, the price moves around $80k - $86k since March 13. Maybe next month Bitcoin price will cross again $90k, or it may drop again below $80k. It is a bit difficult to predict the price movement of Bitcoin nowadays. But I agree that it is unlikely reaching $100k again in the near future. Sure, we need to be patient to wait for Bitcoin crossing $100k again.

[Kemarit]

Looks like yesterday's enthusiasm was not long-lasting.
According to CMC, today's high was $87,443.27 in a very early hours, but things went downhill from there. I guess we are going to be stuck between $80-$85k for abit longer. A break out will happen eventually and I still think it's more likely to go up.

I have some doubts about Bitcoin experiencing a price increase in the near future. Actually, the consolidation level which is found at the current level could be considered reliable to uphold an upward pattern. It even seemed to reached $87,000 but as soon as this level was reached selling pressure started to come into effect and reduce the price. It may suggest that there is some volatility in the market, and unless a strong up-thrust is made, it may stagnate at this level or go lower. As much as I do not dismiss an increase, if there is constant selling pressure and demand is not enough then it can also go the other way around.

It did go as high as $88,756 according to CMC and as expected, there are short short day speculators that might have sold to make some profits. Still a good sign though for the market to at least have some kind of semblace or a recovery.

Right now it's down to $87,000, and as long it's above $85,000, I think we are still in the bull market. And there is some good news that really put the market to go up in the last 24 hours are it was reported that Trump might ease the tariff or lower it or even removed it totally that's why the positive reaction of the market.

[TomPluz]

It did go as high as $88,756 according to CMC and as expected, there are short short day speculators that might have sold to make some profits. Still a good sign though for the market to at least have some kind of semblance or a recovery.

And that is the most important thing, at least for now. The market of Bitcoin is resisting going down below $85K and though we can not be sure if the market can hold on to this level we can feel there is an enveloping excitement back. Hopefully, there can be a pool of energy that can push Bitcoin towards the $90K zone and then who knows we can even be lucky to see it go again to the $100K area though admittedly this can already be a big stretch. Let's see how this week can develop for Bitcoin because I am already planning something for the assets am hiding.

[sagarmota10]

BTC can test $90K as we seen the strength last 3 days so we may see this level in next few days and then can dump later in coming days up to $72K.

If BTC trade above $90k level then alts can pump at least 20% to 50% in coming days.