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Devh

Seekers will get it !

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I will not write long just you need to follow some colors here.

Green indicating the highest price goes in recent 12 months.

Blue indicating the current and ongoing situation.

Red indicating the same exact before 12 months.

Brown Indicating the lowest in recent 12 months.

 

Here you need to calculate the 7400-6400 = 1000, Just look Bitcoin price is 15.625% high before exact 12 months so its lowest dump in recent 12 month was 3200. By which we can say the Bitcoin will go as low as 4500 if it repeating history. Otherwise 5k is confirmed 😄 .Only seeker will get my point here what i want to said. By the way its crypto anything can be done 😄 

@xBDT Script @cryptosix 

coindesk-BTC-chart-12019-10-25.jpg

Edited by Devh
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Your analysis did not like my friend
I can analyze and tell you 7400 + 6400 = 13800
So we conclude that the price of bitcoin will rise to 13800
But the correct analysis is according to rules and laws and not just calculations


 

Life is great and enjoy it

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Hi, I was reading this thread from yesterday and the power went off while I was writing. You had made nice analysis, but what I can say things won't repeat the same.

The one which is you mentioned 5k is the last for the price drop, but it won't go again to $3.2k.

We see yesterday it rised from $7300 to $9600 that is mor $2k in one day. The buyers who bought Bitcoin a day before  might have made more profits by selleing them today. I am expecting this time it wil move to more han  $13k and your analysis here shows is correct.

Some people  expected the BTC price would be more than $15k at the end of year and am too agreeing on this part. This time it is tough to fall back for 5k as people are even eager to buy Bitcoin at lowest price.

The graph shows Bitcoin price increases for every two years and it was proving too. 

Hope I have answered for your analysis.

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It may be similar in the scenario but will not repeat the same steps in detail and there will always be a difference between the first and second even if they are close


THINK POSITIVE

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Although these technical analysis are helpful sometimes, they are not always accurate to predict what's going to happen in the near future. IF you had run that analysis before the price recovered and while it was still down, you would have gotten a totally different projection!


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6 minutes ago, lovesybitz said:

So, as I can see with you prediction the price will fall down isn't it? Well, if the price of bitcoin goes down. I think there could be a large dump for it. The support of bitcoin cannot cover up a huge resistance so it might move downward. I am optimistic with bitcoin but if ever it happens, I will stay my money till the price will recover in slow process again. 

First of all there is no a specific support of Bitcoin. We all are in support of bitcoin but users like me want Bitcoin at 3000 dollars which is impossible for now. But there will be a dump for sure and we dont expect it will dump continously or it will pump high before dump. So every thing is still un declared. But history will repeat. And this history will not repeat next year because of some awesome projects like launch of Expo 2020 and other. So awareness and use of crypto will increase and demand of Bitcoin may hit 20000$ again in 2020. But man i always said, Bitcoin and crypto are highly unpredictable, so anything can done.


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57 minutes ago, Hamk said:

All that didn't happen, Bitcoin manage to have an escape before reaching the breakthrough to $5000

There is no perfect analysis when it comes to the market movement because there are so many factors to check like the whales the market makers and many more it is just a guide for us in order to have a bright path. 

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4 hours ago, Hamk said:

You can't check the whales jn my own understanding, if there is a way let me know please, it will help a lot in determining the market direction

You can really check the whales but their future actions are possible but sometimes whales oppose the market movement and making their own pattern.

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5 hours ago, Hamk said:

They make their own unique pattern which you can predict, they move in favour of their selves.

Yeah that's it Whales make their own pattern that's why many small players are getting rekt when this selfish whales act alone.

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On 10/26/2019 at 12:44 AM, Devh said:

2018 is a difficult year for cryptocurrency and users I think most suffer. I appreciate whatever your analysis, it is true that anything can happen and I hope bitcoin does not fall as far as $ 3000. You have to add the 2017 graph too, so analysis of 2 years if add halving.

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3 hours ago, Hamk said:

No solution to that, we still have to abide by them and follow them even though they rekt us in the market

Yeah, we don't have any solution to this that's why it is always better to observe the market first before entering any position to prevent being fooled by the whales.

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I think the scenario will be the same but not exactly the same at $ 3000 maybe it could be less maybe it could be more. Btw, does you analysis still apply?

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 Can say that a shelter searcher is an individual who escapes their nation of origin of haven decide if the shelter Searcher will be allowed assurance and become a formally acknowledgment displaced person. Those continue Seaward and regarded declined when they have shown up.

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On 12/4/2019 at 5:56 AM, Hamk said:

It is not all about that. You will be having a good entry in the market after observing, it happens just like news in the forex market

The forex market is easier than crypro market because its easier to see news in forex but bitcoin news is always late so we dump first thwn we see the bad news after and even in pumps the same thing happens. 

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12 hours ago, Hamk said:

Is that what you think? I think the other way, keep the news aspect apart? Is forex trading simple?

I have been in both worlds . Crypto world and forex world and trust me forex is much more complicated and hard to make money in and you always need to be following the newa and its just rather exhausting unlike crypto.

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I also think that in December it will go deeper, but if you have money I think or invest, by 2020 it will increase again x2 price.
good luck

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As respect to your idea which you described for seekers, in which u mention that if not surely but to some how history repeats. Bitcoin or alt coins can go up instead of down by market booming in digital or crypto currency

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Bitcoin price prediction variable person wise if I predict $6800+19500= $26300 haha, its just our prediction not happened its depends on market demand now market demand is oversold but we believe that bitcoin price will reached higher then before.

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I think the bearmarket has not ended yet, but I do not think it will continue until $ 4,500, perhaps $ 6,000 as the last limit, but like u said in the crypto market everything is possible . 

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So i can say we are really going to 5000 dollars from 8000 we touch the 6k we  still in bear market erea and I think it good for bitcoin to to another bull market we have to stay in this bear untile the month of April when it's the last halving

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Thanks for sharing, only this time, I know that there is a price calculation like your method that is similar to the company's calculations with the highest price of $ 13100 and the lowest price of $ 3200 calculated by Coindesk. Although there are many price determining factors, but at least your method can be taken into consideration when making decisions. Good luck.

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On 1/11/2020 at 2:24 AM, yupi84goro said:

Agree with your opinion, there will not be the same scenario. Because there will always be differences, even though the differences are very visible small. With so wise in making decisions, so as not to make a wrong move.

Yes the same trade strategy who work for you can't be the same who works for other everyone have his strategy and can't be copied as well , because the time change fast in trading so fast and every second count

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11 hours ago, armor said:

We have our won talents and our own way of trading it won't work for other people, you are right bro

Exactly every one can use his talent and skills to devolope his own strategy without needing any one

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On 10/26/2019 at 6:11 PM, williamz902 said:

Although these technical analysis are helpful sometimes, they are not always accurate to predict what's going to happen in the near future. IF you had run that analysis before the price recovered and while it was still down, you would have gotten a totally different projection!

If you have good experience in the market then you can make good money in the market because technical analysis will give you good profit in the market always and this will give you huge profit in just short time.


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considering what I know about market law in crypto the rise and fall of Bitcoin caused by local conditions, the news can no longer be the main analysis because the decentralization system has stolen public trust in Bitcoin. Bitcoin will experience a very drastic increase this year and Bitcoin being more mature now.

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