Forex Zone - Forex Forum

Predictions of Bitcoin/altcoins?

Discussion started on Coins & Tokens

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
Where do you think the price of Bitcoin is heading? Or what is the future of another altcoin?

Linkback: https://www.forex.zone/coins-and-tokens/20/predictions-of-bitcoinaltcoins/28/
#1 - June 04, 2018, 10:58:12 PM
Predictions of Bitcoin/altcoins? in Coins & Tokens_topic=4522

Administrator
  • Hero Member
  • Posts: 5039
  • Points: 29134
  • Likes Received: 5098
  • Reputation: +220/-14
If it doesn't close this week strong, Bitcoin is most likely dropping to 6600-6500. If it is able to close the week anywhere above 8000, it should keep going for a while to at least 9700.


See the attachment. It has breached an important level to the downside (or it's very close to this level depending on how it's drawn). Bitcoin has to make that distance up soon or else it's bearish for the coming weeks.
#2 - June 05, 2018, 01:53:26 AM
Attachments:
« Last Edit: June 05, 2018, 01:56:50 AM by Admin »

Predictions of Bitcoin/altcoins? in Coins & Tokens_topic=585

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
Predictions of Bitcoin at the end of 2018?
#3 - June 06, 2018, 06:35:20 PM

  • Newbie
  • Posts: 37
  • Points: 0
  • Likes Received: 15
  • Reputation: +0/-0
I think it will touch the 20k level and possibly even break it.
#4 - June 06, 2018, 10:01:28 PM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
I think bitcoin will be at least 30k by December. I just don't see it dropping much more than it already has. Institutional investors are about to begin investing in bitcoin too hopefully.
#5 - June 06, 2018, 10:14:39 PM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
Bitcoin and Eth are about to be legalized and regulated in Thailand. This is good news for Bitcoin. I think the price should rebound sometime soon.
#6 - June 09, 2018, 04:13:13 PM

  • Newbie
  • Posts: 37
  • Points: 0
  • Likes Received: 15
  • Reputation: +0/-0
I think the price should rebound sometime soon.


Bitcoin on the monthly chart is not volatile this month so far compared to its historic volatility. It's going to pop one way or another, either up or down. It could go either way, but I have a feeling it will be up.
#7 - June 09, 2018, 05:56:15 PM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
Another South Korea exchange was hacked. This could make it go down short term but I think it should shoot back up soon.
#8 - June 10, 2018, 02:29:29 PM

Administrator
  • Hero Member
  • Posts: 5039
  • Points: 29134
  • Likes Received: 5098
  • Reputation: +220/-14
It didn't close out the week above that important trend line I showed in my previous post. That was a weekly chart, so the trend lines and support/resistance are very important levels. Unless it reverses fast and starts making up the distance, I see this going down to at least 6600-6500. If it doesn't stop there, we will see 5900 again. I hope that's not the case since it will drag down all the other coins, but that's what I'm seeing.
#9 - June 10, 2018, 02:47:13 PM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
There is alot of bad news right now pushing the price down. Also I think big btc holders are selling which is also dropping the price. It could really drop even more but if it does it would be at a better price to buy it back and make profits.
#10 - June 10, 2018, 03:15:21 PM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
I think bitcoin has hit it's bottom. Price should probably rise from here.
#11 - June 11, 2018, 10:32:21 PM

Administrator
  • Hero Member
  • Posts: 5039
  • Points: 29134
  • Likes Received: 5098
  • Reputation: +220/-14
Bitcoin will probably try and retrace near to the trend line I had shown. Many traders will buy to fill the weekend gap too. That's probably all that will happen. After this, it's going to fall drastically. I mean 6600-6500 being the first target then we will be in the 5000's again. The only way is if Bitcoin completely starts reversing fast and this all proves to be a false break. I hope that's the case.
#12 - June 12, 2018, 12:25:36 AM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
Bitcoin has formed a triple bottom on the daily chart. I think price should rebound from here. If not it should definitely rebound off the 6k level.
#13 - June 12, 2018, 10:22:34 PM

VIP
  • Hero Member
  • Posts: 1414
  • Points: 3411
  • Likes Received: 325
  • Reputation: +15/-5
Bitcoin should be back above 10k in the next couple of months.
#14 - June 19, 2018, 12:39:47 AM

Administrator
  • Hero Member
  • Posts: 5039
  • Points: 29134
  • Likes Received: 5098
  • Reputation: +220/-14
Bitcoin at the most is going back up to mid 7000's before it drops again. We might not even see that much strength. Then we are going to see 5000's again.
#15 - June 19, 2018, 01:04:36 AM

Members:

0 Members and 1 Guest are viewing this topic.