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Ch Ayyan

Bitcoin price analysis.

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Corona virus created problems in many assets and all prices were down for a few weeks but Bitcoin survived and is better than anyone that say otherwise. I am very young in crypto my friend but I know better about Bitcoin and how it survives and gives battles with bears to escape the trend and make new highs. One thing I've learned is don't bet against Bitcoin.

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On 12.03.2020 at 20:41, Ch Ayyan said:

Today bitcoin  price decrease  to 6000$. What  is you analysis.  What  will be the next  stop  of bitcoin  in your  thoughts.  I think  it will be more crashed  in next few days because  of carona  virus.

Today, bitcoin is worth $ 10,000, it has successfully recovered from the caronovirus crisis ... The growing interest in cryptocurrencies and the reputation of bitcoin as one of the most reliable coins will increase its price, perhaps in a few years it will reach 20K $$

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maximum decrease for Bitcoin will be at the price of 3600 dollars and  then an increase to 10, then halving and a price of about 13

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On 3/12/2020 at 8:41 PM, Ch Ayyan said:

Today bitcoin  price decrease  to 6000$. What  is you analysis.  What  will be the next  stop  of bitcoin  in your  thoughts.  I think  it will be more crashed  in next few days because  of carona  virus.

Bitcoin will go up many times. Higher and higher each time. I think in the near future he will reach the level of $ 20,000

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Do not rely too much on analyzes during the crash. In the previous stage, whenever Bitcoin fell $ 1,000, we used to say the bleeding ended until we were surprised by reaching $ 4,000, so watch what the market makers do, as they really decide where the market will go, not the candles.

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Bitcoin did crash massively during the pandemic and many investors almost started doubting if it will recover or maybe it is ending but to a surprise bitcoin managed to recover rapidly and that recovery made more investors to have more confidence in it and as for me I really new that it will rise again and I kept on holding my coins despite the massive crash.

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Hi everyone. Today the Bitcoin rate is 10,600 dollars per coin. Judging by the schedule and expectations of the US presidential election, the price is very "asking" for 9200, but, as usual, the price will "move" according to its own scenario and all our predictions will turn out to be incorrect.

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Bitcoin had a massive crash during the pandemic and many investors are almost starting to doubt whether it will recover or maybe it will end

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On 3/12/2020 at 12:41 PM, Ch Ayyan said:

Today bitcoin  price decrease  to 6000$. What  is you analysis.  What  will be the next  stop  of bitcoin  in your  thoughts.  I think  it will be more crashed  in next few days because  of carona  virus.

I would not worry too much, BTC has a tendency to always go up, so you have to take advantage of when it goes down to buy. And wait for it to rise to get good money.

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Over time, demand will grow and the price may increase a lot, but it is also true that some other cryptocurrency could appear with better technology, a faster network, less expenses, etc. being attentive to the market will become a priority.

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It is important to know the price analysis of bitcoin and it is necessary to analyze the support and lower support limit resistance level well. Also this pricing should be based on the bitcoin fear index

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2 hours ago, Shaza Ahmad said:

Do not rely too much on analyzes during the crash. In the previous stage, whenever Bitcoin fell $ 1,000, we used to say the bleeding ended until we were surprised by reaching $ 4,000, so watch what the market makers do, as they really decide where the market will go, not the candles.

Yes, we cannot rely on analysis only because it gives us a 100% inaccurate prediction, so we must understand the market and read all political events in addition to technical analysis.

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The market is unstable, but I think there will be a positive price increase in the new year, this year will be the year of crypto.

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1 minute ago, Omar Ommeish said:

Yes, we cannot rely on analysis only because it gives us a 100% inaccurate prediction, so we must understand the market and read all political events in addition to technical analysis.

@Omar Ommeish So many factors does affect the cryptocurrency market's sentiments and behaviors. So called analysts just make the analysis based on the available market data which will not be matched 100% even for the next week. Anything can happen in the Bitcoin's market and price. 


 

 

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20 hours ago, Omar Ommeish said:

Yes, we cannot rely on analysis only because it gives us a 100% inaccurate prediction, so we must understand the market and read all political events in addition to technical analysis.

technical analysis only gives u help with predicting the movement but its not a sure thing, i think people need to pay more attention to things like the fear/greed index to tell when there is high demand or when there is high panic.

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We cant predict the price of bitcoin or any cryptocurrency because they are highly volatile in nature which makes their price extremely unpredictable.

So there is no way to predict their price but we can guess somewhat about their price 

Its my thought that bitcoin price is highly effected by chinese cryptocurrency market because it has the world highest population and a lot of people invest in cryptocurrency there.Similarly most of the miners are china .We can take an example of covid situation.When covid hit really bad in china then there was a lot of price drop in cryptocurrency market and after it get normal there their prices began to raise.

Similarly other many factors effects the cryptocurrency price like their supppy and demand.

I predicted the price for bitcoin to increase much more in this time because most of the people are jobless now and they are investing in cryptocurrency so their demand is increasing day by day.

 

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This old post explains the effect of the coronavirus but maybe it will be once again in the news and I hope that bitcoin this time will not go down a lot but people understand it is safe investment , safer even than gold.

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We've seen time and time again that bitcoin price drops are temporary, and I don't think there's any need to panic. In my opinion, the existence of the corona virus has no effect on the price of bitcoin, instead the price of bitcoin continues to rise and there is no sign that bitcoin will experience a decline in price. My prediction for bitcoin price at the end of this year is $ 15000.

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As you post on march, BTC drop down in that way , today, October 2020, close to the end of the year, the price is:11.140 $, as is usual this coin survive long rises, followed of significant low price, much people wait the miracle for december to a high top between 15.000 to 20.000 $, my personal prediction is, no, that will no happen, will be in that way, for the next year, I think the people with the power and money enough want to see, the behavior of the worlwide market in order to make a big move, time will said if I'm right.

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Today the price of Bitcoin is 11500 dollar and it is double from this time the post here is make. Next time I am post in this I will come back at the 20000 dollar. It is the start now of the new bull run but few understand.

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I see the future for Bitcoin not in short term but as a long term investment. Any small or big dip today it is a good opportunity to buy more if we have available money. In ten years the rewards will be outstanding and we will have a lot to live our rest life.

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It was only the Corona virus pandemic that lead to the fall of the market value of bitcoin since the beginning of this year but i believe that bitcoin will rise rapidly before the end of the year and probably it can reach $20k the way many expert predicted because bitcoin is a promising coin which has made many investors earn good profit to there wallets so be calm my friends better days ahead 😉.

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On 3/12/2020 at 6:41 PM, Ch Ayyan said:

Today bitcoin  price decrease  to 6000$. What  is you analysis.  What  will be the next  stop  of bitcoin  in your  thoughts.  I think  it will be more crashed  in next few days because  of carona  virus.

And you didn't buy at 4k 5k or even 6k waiting for lower. I don't know what to say about that. Maybe this was the reason you quit the forum, but you shouldn't. This should have been a lesson for you and instead of quitting to learn not to underestimate Bitcoin.

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