nattekut Posted July 18, 2019 #1 Posted July 18, 2019 Past couple of days BTC is very unstable. its bumping up and down all the time. To me it seems it looks people are a little nervous. We saw bitcoin rising the past months from 3-4k up to 13-14k but now retraced a little around the 9k and 10k market. I think lot of people do not know what to do and what will happen. will BTC go up, will to go down, do I sell or do I keep. This is what I did. except for my day trading I am practically 100% OUT of BTC. I made good profits with the recent run but I feel the market is very nervous and very uncertain. After doing lots of analysis, comparing with gold and other markets and studying some trends and indicators, I personally conclude that until the first week of august beginning second week on August there will be set a bottom around 9,000$ But as the market always reacts heavily when a coin comes down I would suggest to also set buy orders until 7,500$. I think all coins that can be purchased the next 3 weeks until 2nd week of august for 9,000$ or below is a good buy for future gains. so...... I have set buy orders starting from 9,000$ until 7,500$ with differences of 300$. So I have buys at 9k. 8.7 8.4 8.1 7.8 and 7.5K$ I also have a buy order around 9,250$. You never know that there will be a sudden reaction of the market when a coin is coming down. It could be price will be pushed back up before it reached my predicted bottom. So thats why I also have a buy order slightly above my expected bottom. As soon as this happens I will set my sell orders around 13,000 and 14,000$ And I keep around 25% aside for a new high that can be set this year. We already went to the 12k and 14k margin so there is a possibility the next rally will go to 16,000-17,500$. And when this happens I do analysis again cause then there will a retracement against when this will be followed with a new rally then I expect a huge bullrun that will set a new ATH between 25,000 and 30.000$
barbaris Posted July 18, 2019 #2 Posted July 18, 2019 I myself am confused and do not know what to do after the recent fall of Bitcoin down to $ 9000. You speak confidently and you think that he will really restore his position. I will not sell bitcoins yet.
nattekut Posted July 18, 2019 Author #3 Posted July 18, 2019 28 minutes ago, barbaris said: I myself am confused and do not know what to do after the recent fall of Bitcoin down to $ 9000. You speak confidently and you think that he will really restore his position. I will not sell bitcoins yet. If I put all my analysis I made myself and those from contacts I conclude that 9,000$ is a key figure in the next 3 weeks until 7-10th of august. So it can swing a little around that number. I should say 8,500 up to 10,000$. My analysis shows me the 9k will become a solid bottom to start the next rally. and according to my stats next rally will go to the 15k upto 17.5k range. But as everything in crypto. even the best technical analysis isnt a perfect science. so that why I also said that a sudden flash crash or panic crash needs to be taken into account as well and thats why I also set buy orders until even 7.5K So my conclusion is that all buys for 9k or lower are very good at this moment
polor12 Posted July 18, 2019 #4 Posted July 18, 2019 I sold mines in the nick of time.. before the serious spike drop . Sold it at 9k when it was still 11k .. made that way knowing 2k drop it might sell better.. luckily I went that route.. it actually sold quickly then expected.. and the price of now it would haven't sould..
nattekut Posted July 18, 2019 Author #5 Posted July 18, 2019 Just now, polor12 said: I sold mines in the nick of time.. before the serious spike drop . Sold it at 9k when it was still 11k .. made that way knowing 2k drop it might sell better.. luckily I went that route.. it actually sold quickly then expected.. and the price of now it would haven't sould.. thats a pitty. I always exclude my emotions and buy and sell entirely depending on the analyses I make. in the long run it has never let me down. so like I said in my topic. I am going to buy now between the range of 7,500 and 9,000 and hold at least for the next rally to 13k+ but will set most of my sells even above 15k. It is very realistic that we will head towards that direction
Kate Posted July 19, 2019 #6 Posted July 19, 2019 My buying price is thesame price as Bitcoin but like 200 bucks less and the selling price is same as Bitcoin price but like 300 bucks morethan the original price so i earn a good profit from it.
nattekut Posted July 19, 2019 Author #7 Posted July 19, 2019 5 hours ago, Kate said: My buying price is thesame price as Bitcoin but like 200 bucks less and the selling price is same as Bitcoin price but like 300 bucks morethan the original price so i earn a good profit from it. yeah I am doing the same but I use leverage trading recently. In this way I can manage to make more money with putting less money at stake for myself. Leverage trading still is risky but if you are not to greedy much larger profits compared to your balance can be made.
williamshennie9 Posted July 22, 2019 #8 Posted July 22, 2019 It makes a lot of sense what you are saying. I noticed that at the $9,500 level, the price quickly shot up, indicating that people have buy orders at the lower levels. Could be a good sign for the future.
nattekut Posted July 23, 2019 Author #9 Posted July 23, 2019 22 hours ago, williamshennie9 said: It makes a lot of sense what you are saying. I noticed that at the $9,500 level, the price quickly shot up, indicating that people have buy orders at the lower levels. Could be a good sign for the future. it definitely is making sense. I am doing multiple analysis for crypto and other markets like for example gold together with a contact from me that I know already for many years. I can say and even brag he is an insane expert in predicting markets through his analysis. He even got invited to start working for one of the larges US financial institutions but he refused cause he want to be a able to work entirely free. since then he educates lots of people and helped lots of them to achieve their goal of making their first 6 figure returns. He told me as well that between now and 7th-10th of august BTC and other market will set a new bottom. The figure that is coming into the picture is 9,200$. So I already set all my buy orders starting from 9,200 until 7,500$. Why so low. everyone knows that 90% of crypto traders are noobs that start to panic with the first red candle. So if price suddenly comes down then their could be a flash crash. by having multiple orders below 9,000$ I will be able to benefit from a possible flash crash I can take full benefit of it
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