wether it goes to 20K or 3K first, either way I am correct :-) I would love it stay above 15K and move up slowly from there, because that would benefit my mining profits that are very low now, but I am afraid Q2 is gonna be a very harsh time for Bitcoin, hitting these mining and energy consumption walls. And multiple 'crypto prophets' like Cliff High are predicting the end of the (financial) World to start 'happening' in March, so better take cover (although I can't think of what's the best way to do that right now ;-)
There is a very strong support/resistance line around 12K and this move upwards we're in now is exactly as steep as the last part of the last bull run. My guess is it will bump up to 15K or 17K and then use the longterm descending resistance line as support to glide downwards. These steep movements are not sustainable for many days imo.
Your post's title forced me to open the post. I need little bit guidance from you @pagandance. My brother and I are seriously thinking to invest in cryptocurrency and like others, I do believe that price of all cryptos are somehow based on BTC and BTC is uncertain as you mentioned in your post. How should I gather information about whether there is likelihood of BTC to go up? or eventually it's going to fall at 3k? I'm totally confused.
In daily chart there have very clean bull candles and we may see a near term target of 15000 or so in March but 3000 if happens then it would really be very very panic.
We all sure hope it happens ;)
I will invest in bitcoin
Be careful!
@pagandance,
Most of your predictions went correct! So I think this might also be true!
Cheers~
wether it goes to 20K or 3K first, either way I am correct :-) I would love it stay above 15K and move up slowly from there, because that would benefit my mining profits that are very low now, but I am afraid Q2 is gonna be a very harsh time for Bitcoin, hitting these mining and energy consumption walls. And multiple 'crypto prophets' like Cliff High are predicting the end of the (financial) World to start 'happening' in March, so better take cover (although I can't think of what's the best way to do that right now ;-)
Then it would be great thing for btc holders
20k on March then it's high rate .
There are so many figures in between 3k and 20k so I would rather say 13300 which could be a very close call as well. So lets see.
Thank you and Have a great day.
There is a very strong support/resistance line around 12K and this move upwards we're in now is exactly as steep as the last part of the last bull run. My guess is it will bump up to 15K or 17K and then use the longterm descending resistance line as support to glide downwards. These steep movements are not sustainable for many days imo.
Interesting analysis, but I think the cost of bitcoin 20K will be by mid-summer. Thank you @pangandance
That's a great news cheers my friend @pagandance!!
What a great impressive post .
Excellent analyze @pagandance. I can't believe BTC will be 20k 1st of March. But possible target can be after April.
Your post's title forced me to open the post. I need little bit guidance from you @pagandance. My brother and I are seriously thinking to invest in cryptocurrency and like others, I do believe that price of all cryptos are somehow based on BTC and BTC is uncertain as you mentioned in your post. How should I gather information about whether there is likelihood of BTC to go up? or eventually it's going to fall at 3k? I'm totally confused.
The Lord of the Bitcoin moves in mysterious ways. Spreading risk over multiple altcoins is king would be my advice now.
Spreading risk, right, this would be the best option.
Thanks :)
good to see your keeping up with DTube and bringing Your Own ideas
@pagandance
Good information.thanks for sharing
wow very nice
Are you serious...???😱
Mark the date we are all set bro :)
Well if you say i think we are off to a bull run that would be quick if that escalated but very possible for sure
Hope this turns out true! You win..
This Really nice one and true you always make a good post sir thanks for sharing sir
@pagandance - Sir seriously can we see it at 20K again... That's a big news Sir...
+W+
if this happens the steem value also increased
Best of luck, may you earn profit by this investment .
i am not good at analyzing things but it would be amazing to see btc at $20K
In daily chart there have very clean bull candles and we may see a near term target of 15000 or so in March but 3000 if happens then it would really be very very panic.
I dont think 20k will hit in March or even in next 3 months, rather I think it will range trade for some time in between 8k to 14k.
Thank you...steem on and stay blissful....
it reached 11 k $ only 9K $ more to go we are on the right way
What a great wonderful post. Thank's for the share.