Bitcoin has tested 90k today. Are we being manipulated?

[pauliakas]

BTC broke all the high again

Lets see if we can hit 100K this month or not

I'm also waiting, but for 90k EUR to cachout

 

[Google adword expert]

I'm also waiting, but for 90k EUR to cachout

I think we can expect $100K this month due to volume whats your thoughts on this?

I can its coming for sure

 

[MoonStarz]

I never though it will even be close to reach $100K maybe $85K as much I mean is good that goes up and if it stays there will be and is awesome for everyone that have btc but I don't think only the usa elections pump the btc hight sky maybe something else or maybe whales are preparing for something we might don't know? thinking a little bit of conspirations I think sommething is pumping the btc a big change in the coming years, or maybe elon is farming BTC with all the graphics cards he bought

 

[Digital Account Store]

Bitcoin is now 93k today.

 

[Google adword expert]

Bitcoin is now 93k today.

Its $94K today not $93K

We are in new ATH now

 

[WAndreas]

Spoiler: This week updated the high and tested the price in the 93.948 area.

But the volumes in buying have fallen a lot. If the week closes below the previous week's high, a change of trend is possible. In addition, a Fading pattern is forming. But it is worth remembering that reversal patterns appear constantly in a rising market.

 

[WAndreas]

Making attempts to sell from these levels could be a good thing. It might. Such an impulsive movement cannot be endless. It is dangerous to buy and dangerous to sell. That's what I think. Tested 98421 today.

 

[WAndreas]

99413.98
The hai update continues.

 

[WAndreas]

Soon - United States will buy 1,000,000 Bitcoins

All of this stretches over five years, which can't have that much of an impact on the price right now. The wait cannot be endless. The market is heated up by the expectation. I think so.

 

[WAndreas]

I've been thinking. No decision has been made yet on creating a bitcoin reserve. It's just being considered. But someone has decided that it will be approved. So if you buy bitcoin now, you will be able to sell it for a higher price later, when the reserve starts to be created. But will it?

98080 level

 

[WAndreas]

Moroccan authorities lift ban on cryptocurrencies. Brazil proposed to create a bitcoin reserve. The UK proposed to create a state reserve in bitcoins. It looks like the rally has a good chance to continue on new rumors.

 

[WAndreas]

Looks like we're forming a Flag pattern now. In this case, an upward movement is very likely. And the targets are again in the area of the same notorious 103k.

Spoiler: Chart

 

[AlexKoro]

Looks like we're forming a Flag pattern now. In this case, an upward movement is very likely. And the targets are again in the area of the same notorious 103k.

Spoiler: Chart

View attachment 398506

BTC 4H: Based on cycles and price behavior patterns, the current structure appears complete. After 3 weeks of uninterrupted growth (+43%), it’s reasonable to expect the next 3 weeks to show a corrective sideways movement with a price decline toward the 78,500–86,200 range. A retest of the 100K BTC level, even with a complex breakout, would only confirm this pattern.

A sharp weekend dump to 85K could negatively impact sentiment, leading to a sideways range between 75K and 84K. These are approximate scenarios, factoring in the current state of the US stock market.

 

[WAndreas]

BTC 4H: Based on cycles and price behavior patterns, the current structure appears complete. After 3 weeks of uninterrupted growth (+43%), it’s reasonable to expect the next 3 weeks to show a corrective sideways movement with a price decline toward the 78,500–86,200 range

Hi. I think there can be no reasonable expectations at all in principle with respect to bitcoin in general. Just expectations, yes, I agree, but reasonable expectations... It doesn't really know where it's going to go... But in general, if I understand correctly, you are considering a sideways or a fall, right?

 

[kevinpcey]

Bulls trying hard to close this week above 99.6k, otherwise its correction.

 

[WAndreas]

Bulls trying hard to close this week above 99.6k, otherwise its correction.

I agree with you. There are still three full days ahead. As a rule of thumb, though, it's rare for Saturday and Sunday to have heavy traffic. But they do. So far, more and more are selling even with the current ones. That's why it's quite difficult to go higher.

 

[paisawaisa]

I have stopped monitoring bitcoin prices daily. It is just waste of time. The only way to make big money with crypto is to hold bitcoin for at least 10 years after investment. If you loose it all, then also it should not affect much because the potential upside is also very high.

 

[onlinegamer2024]

that would be to much

 

[WAndreas]

I have stopped monitoring bitcoin prices daily. It is just waste of time. The only way to make big money with crypto is to hold bitcoin for at least 10 years after investment. If you loose it all, then also it should not affect much because the potential upside is also very high.

Of course, a lot here depends on goals and capabilities. To exclude for ten years some amount of money, while realizing that you may not see it at all in the future, is not a good option for me personally. Everyone is now saying that bitcoin will grow, because it has just shown good growth. But any growth cannot be infinite.

 

[AlexKoro]

Hi. I think there can be no reasonable expectations at all in principle with respect to bitcoin in general. Just expectations, yes, I agree, but reasonable expectations... It doesn't really know where it's going to go... But in general, if I understand correctly, you are considering a sideways or a fall, right?

Yes we never know what happened