Quote from: Wexlike on January 02, 2020, 05:07:59 PM

Quote from: el kaka22 on January 02, 2020, 04:53:34 PM

I assume a small by small increase in bitcoin price this year, I know it will not be as easy as it sounds but last time we went up super high it was really a small increase over the course of months before it took off. So, I think first we will go up to over 9 thousand dollars with couple of increases, like 7.8 to 8.2 to 8.8 to 9.2 to 9.6 to over 10k eventually.

After that it will stay around those levels for a while but thae skyrocket to over 11k first, then do small again like 11.2k 11.5k 11.8k to 12.1 levels. These type of increases that are slow and each day will happen until 15 thousand dollars and we will probably get stuck there, it is a level where it is not all time high but it is quite high and close by, that will stay until bitcoin either does an insane skyrocket to over 20k or fail and go back down to something lower.

What better way is to start the year with a fresh and bloody dip to drop your trousers ? ^^ Waiting on the side lines for a low $6k, but having a baaaad feeling about it right now.

below 6k $ is a very unlikely price. Although bitcoin is now hovering around the $ 7k level, the support break has failed twice at $ 6k5. This suggests that there are plenty of speculators willing to buy this over $ 6k aggressively. so waiting for bitcoin to appear below $ 6k is a low possibility and we will miss the great opportunity to collect more bitcoins.