[ Bitcoin ] Bitcoin ready to rebound this week?

in #bitcoin7 years ago

The last week we have seen Bitcoin dip twice to about $8600 on Bitstamp. Many call it a double bottom but what does is mean? Is Bitcoin ready to rocket to above $10000?

On the 9 Mar we went to $8416 and then over the weekend, 11 Mar, we went to $8493. Currently we are at $9575 and it looks like Bitcoin is ready to make another big move, but is it up or down?

Here is a longer detailed video by Dan at The Chart Guys on his view on the current market shot about 11 hours ago:

Here is the view from Tone Vays shot about 5 hours ago:

On a side note, did you see the Steem price = SBD price? Very interesting, hey?

What do you think of the current bitcoin price? Is the bottom in?

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It will be ok, BTC will be at $100,000.00 by the end of the year, or else someone will be eating their penis.

Not by this year end but by the end of 2020... $1 Million by 2020 was his bet...

Yes, I am looking for a bounce above $10000 this week. And above $3 for SBD. What is your price for SBD this week?

If we see Bitcoin at $10k, SBD will follow. So above $3.25 is very possible @lizette

When you say "if" what are your thoughts on the price of Bitcoin this week? At this moment of time btc is struggling to break this major resistance line.

Yes Bitcoin is struggling these days. Hope not for to long.

I so wish it will be so. I made some few Satoshis over my hard work last year and I lost it in trading as bitcoin value dropped. A comeback will do me great

That is very bad @motai. Bitcoin is sure to come back stronger and higher. :)

Nice post especially the tips 👌🏽 thx... Check out my BTC/USD TA.. any feedback is appreciated

https://steemit.com/cryptocurrency/@cryptoaltcoin/btc-usd-price-analysis-update-mt-gox-binance-fud-47492b99b2d53

Will have a look

I guess Bitcoin is very weak yet!

We are still in bear market until we go above 10k again. hang in there.

Nice bounce off lows today

Oh, God, I don't know what to think anymore. The ups and downs of this insane coin is killing me (just kidding, but still, it's very unnerving).
I hope Bitcoin and the other cryptos start climbing soon, it'll be good for everyone, as long as there isn't another boom.

It is has been a very tuff time since Dec. Hope glory days returns soon.

Yes, This market is very negative at the moment, but it will turn

Follow me pleas

OK

one of big problem about bitcoin is the inexpert people than buy massive bitcoin without know what is bitcoin. Speculation.

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Yeah!! hope what you are telling becomes the reality. It's really now time to bounce back :D

Agree 100% This was not a good week for Bitcoin

Horror if you ask me

We are waiting with our fingers crossed. If it bounces back that will redound to our favor and prosperity. Thank you for the information.

A Nocoiner is a person who has no Bitcoin. Nocoiners are people who missed their opportunity to buy Bitcoin at a low price because they thought it was a scam, and who is now bitter at having missed out.

We need a big bounce above 10k to see a reversal of the bear market

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I expect that Bitcoin may rocket over 10500 after G20 on 20th, March. What do you think?

That would be very welcome. :)

Yes, I am very optimistic about BTC rebounds. Bitcoin is cyclic in nature, when it goes up, then in no time, it comes down. No gimmick! It's a game for the patient.

We need to hold in these testing times. After this we going to the Moon.

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I think we're going to see 10k in the next 24 hours . I remain really bullish on BTC medium term, with 18k my target in the next couple of months.

Just my opinion, of course.

I am expecting a bounce above 10000 and at least $4 to 1SBD......what do you think?

Yes that would very nice

Very nice in deed, but we will have to wait a bit longer

There is no way to tell definitively at the moment, it is easily manipulated right now , especially the alt coin markets. I can see bitcoin hovering between 5 to 12k this month. If we pass 12k, we could fly as sell orders seem weak after that. Happy I just found your account, your hot tips are helpful!

I agree, nobody knows what will happen and when. I hope the return above 10k soon.

Only time will tell

I did pick up some helpful tips from here. I am new to Steemit and appreciate finding dependable info that helps me and others. Thank You and I did upvote....Thanks again

They are very handy yes.

Thanks for the info.

Im looking to buy and accumulate, so although a run up would feel good, it wouldn't be the best thing for accumulation.

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Bitcoin will be back. Just hold on for now.

Yes it will, hold

Hopefully, we've been waiting for the bitcoin to come up!
$14k before the end of this month would be good enough.

May it bounce back, we need it to raise higher as it is a big tool in the fight against this world's political power and dominance.

Hope to see it rise. Too many lows. Not worried about BTC but all alts are still in BTCs shadow and thats what is bothering me. Steem and SBD are also falling due to BTC.

This comment is literally on every post out there lol.