- Nov 22, 2019
- 6,966
- 1,682
At the time of writing this, bitcoin is above $40000. Can we say that bad times are over now and now we will see new ATH soon ?
Can we say that bitcoin has recovered from recent crash ?
- Thread starter onlinemarketer12
- Start date
R4v3nbl4ck
Senior Member
- Sep 29, 2020
- 1,071
- 1,313
Not yet, let's wait a week more.
- Nov 22, 2019
- 6,966
- 1,682
In one week, we may even say ATH. If I surely knew the answer, I would have invested good amount now.
- Nov 22, 2019
- 6,966
- 1,682
Today was kind of bad. Price is going down which is not what I expected.
WorkingNow
Regular Member
- Feb 27, 2018
- 455
- 245
the indicator range is over 47k to reach ATH. 42k-47k is the danger zone that will dertermine what will happen. Going into this 3 day US weekend its not looking super strong but it could climb to over 47k.
Its either the false recovery or a blip on the bullrun.
Watch what happens around 36666 (psy-low for the week) and 38372 (psy-high for the week) funny times
While I agree that we can hit 47K this weekend (or even today), we could also go to 32K. There's a liquidity pool waiting there also. Which will actually be good, because we're going to form a massive reverse head and shoulders
WorkingNow
Regular Member
- Feb 27, 2018
- 455
- 245
We need to break out beyond 47k, if its any lower than that or gets rejected we are in for a bad time in the mid term.Watch what happens around 36666 (psy-low for the week) and 38372 (psy-high for the week) funny times
While I agree that we can hit 47K this weekend (or even today), we could also go to 32K. There's a liquidity pool waiting there also. Which will actually be good, because we're going to form a massive reverse head and shoulders
AdvancedTechies
Banned - Selling via PM
- Nov 30, 2019
- 101
- 67
expect it to tank for few more days. I say it will go down to $25k +/- in about a week.
WorkingNow
Regular Member
- Feb 27, 2018
- 455
- 245
if it goes that low there may be other issues, tether for example. I also expect this weekend to be a general downtrend.
AdvancedTechies
Banned - Selling via PM
- Nov 30, 2019
- 101
- 67
I remember when it gotten over $10k the first time. It even went as high as $15k but it didn't last that long. It went back to $6k... So, $25k is a pretty good prediction
WorkingNow
Regular Member
- Feb 27, 2018
- 455
- 245
True, we would be on the razors edge with tether in that case, the crypto equivalent of a run on the bank, one which likely doesnt come close to having enough reserves.
If that happens, well its Bitconnect v2, see you next cycle.
- Nov 22, 2019
- 6,966
- 1,682
$25 K is very low. If it goes that low, many will loose confidence.
Chielou June
Failed to resolve a dispute resolution thread.
- Apr 13, 2015
- 2,344
- 2,048
Expecting another SL eating phase before going up.
- Jun 9, 2020
- 6,599
- 3,265
No, It will go lower. Wait for 1 week.
AdvancedTechies
Banned - Selling via PM
- Nov 30, 2019
- 101
- 67
Mark my words haha.
- Nov 22, 2019
- 6,966
- 1,682
You mean this is intentional from whales ?