WILL BITCOIN RECOVER IN OCTOBER?

[Solex 2262]

I believe bitcoin is a promising coin which has proven to be the best which it is at the moment for that reason I will suggest we excercise patience because bitcoin has began to rise and i believe it will cross $12,000 by October because even at the moment it is reading $11,000 plus but due to situation the market has been the increment will be gradually so let's be patient because it is the main key to success in cryptoworld.

[Omar Ommeish 4872]

The decline of Bitcoin is not scary because many analysts believe that it will decline during these months, only to return to the rise with the end of the year and will achieve a new peak.

[Zeshan Khalid 2577]

The number of bitcoin traders is increasing almost everyday and I think from now on its value will keep decreasing and it will not remain a rare currency.

[Mike1515 2977]

It has aready recovered and there is no way I think bitcoin is going beyond 12K and I stand corrected and that is the reason why we need to be very careful in what we are trying to do because in the end it might be a tough idea for us . 

I think bitcoin  has had better days

[Brushless4500KV 4214]

I really need this recovery because the last time I bought bitcoin was about a month before at $11,750. I know my purchase price is high but I was day trading and didn't want to hold it. Several risings in excess of $12K gave me courage to think about profit through buying at $11K - $11.9K price range. After my purchase, bitcoin crashed to $10.500 and considering its current behavior, it seems it can't break $12K resistance level any time soon. I'm patient and holding but how long do you think does it take to reach my goal of selling without losses? Do you think we are about to another bear market before full recovery? I just want to pull my investment out.

[Anarkos 20]

the way it looks the market is headed, I guess we will still see some ups and downs but i do not think it will go under 9k. In case it does, I'm positive the market will recover pretty fast and we may see it pass 15k easily... 

[bakalilhakim 59]

On 6/13/2020 at 8:51 AM, George10 said:

According to my experience I have finally gained confidence and faith in bitcoin's price to have that strong ability to always recover even when the price seems stuck in a down movement trap like what we saw during the covid-19 pandemic.

Yes, I agree with you in this direction. This currency, despite its movement up and down quickly, but it is recovering again. Well, this is my favorite currency.

[gourav789 2834]

@George10 that's is already done , Bitcoin recover in its price very well .

after Bitcoin rich $4500 in market then I believe that Bitcoin took 2 year to recover it . but Bitcoin perform very well and recover it within 5-6 month .

[Red-Jones 1150]

On 9/24/2020 at 6:50 AM, Brushless4500KV said:

I really need this recovery because the last time I bought bitcoin was about a month before at $11,750. I know my purchase price is high but I was day trading and didn't want to hold it. Several risings in excess of $12K gave me courage to think about profit through buying at $11K - $11.9K price range. After my purchase, bitcoin crashed to $10.500 and considering its current behavior, it seems it can't break $12K resistance level any time soon. I'm patient and holding but how long do you think does it take to reach my goal of selling without losses? Do you think we are about to another bear market before full recovery? I just want to pull my investment out.

 

you bought exactly in a dangerous zone, I mean the resistance zone that is in the $12,000 and that in recent years has been a very difficult resistance to break and stay above. you had to have expected the price to be above $13000 and then you bought it because with that I believe we would see the $17000. but currently there is great uncertainty about which trend the price will follow

[Brushless4500KV 4214]

15 hours ago, Red-Jones said:

you bought exactly in a dangerous zone, I mean the resistance zone that is in the $12,000 and that in recent years has been a very difficult resistance to break and stay above. you had to have expected the price to be above $13000 and then you bought it because with that I believe we would see the $17000. but currently there is great uncertainty about which trend the price will follow

Yes, I purchased at very expensive price but at that time, bitcoin was rising vigorously and I didn't expect breaking $12K level would be difficult for the next time. There were lots of predictions about $15K easily achievable. Now, I'm thinking about selling my bitcoin and switching to Ethereum for recovering losses. Do you think this is a wise decision? But there is also a chance of bitcoin returning to its previous position. I don't think about any other solution.