Bitcoin Chart and the weekly closing

[Ali_hmwi 966]

Now Bitcoin is in a dangerous situation that maybe break down more and more if the price of this week drop under 5150 that will lead to 3700 then maybe 1700 ? what is your idea about what's going on this year.

This chart one week candle this day is important or the market will not raise that easy any more.

[Ali_hmwi 966]

9 minutes ago, Avais.mf said:

It is really difficult for bitcoin to raise to its previous amounts which may take the by week or a month to recover its damage. And still is not good time to trade. 

For me i loat more than 60 % from my balance and that will make it hard also to recover that soon we really need to put stop limit and don't need to be that greedy any more.

[Ali_hmwi 966]

1 hour ago, sumitshet said:

All major supports breaches without any delay of time and it can retrieve into 7000$ support, after the retracement it can make way to 10000$. Because it can't go upto 1500 $ due to Bitcoin halving, it is doing some major correction before halving.

What we need to know what the is the price that will stay above the virus now is damaging everything and that is really strong the cryptocorancy market had the big lose until now.

[bliznec 22267]

Everything can be with bitcoin. But that Bitcoin was reduced to such low prices, this can not be. I understand the price barrier of $ 4,000, but not $ 1,000 for bitcoin. Then Ethereum cryptocurrency will cost $ 10? 

[Ali_hmwi 966]

7 hours ago, bliznec said:

Everything can be with bitcoin. But that Bitcoin was reduced to such low prices, this can not be. I understand the price barrier of $ 4,000, but not $ 1,000 for bitcoin. Then Ethereum cryptocurrency will cost $ 10? 

If eth cost 10 then it is oue lucky movement as you can see buy and hold.

[Ali_hmwi 966]

5 hours ago, Arsm420 said:

Not a good time to trade yet. And which can carry its side of damage within a week or a month. It is really hard for Bitcoin to produce its prior volumes.

Yes it is not a good time and the Corona virus is still in the beginning of the crisis ao we need to freeze and hope in the future we will return our lost .

[BTC Future 3946]

All of these prices can happen, but I guess they won't. I don't see Bitcoin going bellow $2000, except perhaps at a major dip that will bounce above $3000 in a few minutes time. There are many patient people waiting for prices bellow 4K and we've seen what happened with the latest dip and how quickly it was filled. I'm not saying we are fomoing right now, we might have more up to go, still the situation is certainly bearish.

[bentayebsalah 2280]

I don't think Bitcoin will go down that far and I expect it will increase after Bitcoin split happened because that helps prevent inflation that causes Bitcoin price to fall

[Thekingcallme 1975]

As you can see now Bitcoin managed to rise from all these points successfully and did not collapse and this is evidence of the strength of the bitcoin currency

[Shaza Ahmad 1682]

That was a difficult time, I remember how everyone was watching the market and not knowing where the opportunity to buy would be, because prices were falling strongly and quickly due to fears of the Corona crisis, but it turned out later that the market would go upward even if Corona remained in our world.

[Onden 2098]

On 3/13/2020 at 2:59 PM, Ali_hmwi said:

Now Bitcoin is in a dangerous situation that maybe break down more and more if the price of this week drop under 5150 that will lead to 3700 then maybe 1700 ? what is your idea about what's going on this year.

This chart one week candle this day is important or the market will not raise that easy any more.

Temporary decline in bitcoin price, don't focus on the decline because bitcoin price will not be that low, what will happen this year is bitcoin price will go up more than $ 20,000, my idea is to hold my bitcoin to make it a profit.

[SuperCrypto 7193]

Through the Bitcoin chart, we note that there is room for a slight decline in the bitcoin price, and this is good now, because it gives you the opportunity to get a little bit of value. The $ 14,000 level will be the first major support level. We all know that Bitcoin tends to move fairly quickly so it should be watched with caution.

[Razan alikac 1899]

The Corona crisis came and turned the markets upside down ... I was waiting for the upside and suddenly the currencies fell and began to descend into the abyss and did not stop at some point ... But patience is required until the markets return to rise again.

[Omar Ommeish 4872]

23 hours ago, Razan alikac said:

The Corona crisis came and turned the markets upside down ... I was waiting for the upside and suddenly the currencies fell and began to descend into the abyss and did not stop at some point ... But patience is required until the markets return to rise again.

The Corona epidemic has affected all global markets, but the crypto markets were among the first markets that recovered from the epidemic, and currencies began to exceed their previous prices and began to rise.

[Smallingcane012 344]

The bitcoin chart and weekly closing is normally things in some country especially the countries with ample resources or have enough standard if living.

[Beryymark 126]

I think the pandemic in the town caused the market to go down but thankfully these days bitcoin is rising in a profitable way so there is reward in been patient and commitment is the key to success 

[Abdulrahman3 1252]

I remember these days when Bitcoin was at its tightest and most traders were trying to get rid of it in any way, and if they had been patient at that time, they would have won today more than 12 times.