❇️ STACKIN' BITCOIN PRICE PREDICTION: $6800-$7200!
There are many factors why people tend to buy Bitcoin when they do.
Some may use technical analysis, a few may use fundamental news, or even just buy when the prices goes up... regardless on how they do it, they all want to get that "edge" when the best time to purchase Bitcoin.
One of the tools that I use to determine the right time to buy Bitcoin is by using Technical Analysis. Some may say it's all mumbo jumbo... regardless if it works or not, it's at least a strategy to use while most people just guess.
So here is it, another Bitcoin Price projection from your boy STACKIN'. Before I get started, this is just a "prediction" that can happen. 🤷♂️
Knowing Bitcoin, It can go anywhere from here. 📊
It seems to me that Bitcoin wants to correct to $6800-$7200 in the month of October. Will this happen, I'm not sure but with the chart above, it has a good chance in doing so.
We can see a huge bounce from the $7000 mark, preparing itself for the next Bitcoin "Halvening" that will happen in May 2020. 📉 📈
However, if it break down under $7k, we may even see Bitcoin hit around the $5000 mark. 😨
I'm not here to scare you all... I'm very Bullish on Bitcoin in 5 years, and yes... I believe Bitcoin will be around $30k - $100k in 5 years. 🤑
Will my prediction come true? Who the hell knows and only time will tell.
Shit, Bitcoin can shoot up to 10k from here but I highly doubt it right now. The volume is currently very low and it seems that there isn't "new money" coming into the market.
Also with the lack of people interested in Bitcoin right now; we can see a flush out like we did in late 2017 until the next rise up. (The chart look very similar right now).
Like I always said in the past, this isn't financial advice and if you lose your ass off, don't blame me! 😅 😂
All I know is this.... Just Keep On STACKIN! 😎
~ Charles Fuchs
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Funny how people have gone from calling 100K in 2020 to 100k in 2025.
Lets be more safe, 100K Bitcoin in 2300 lol
If we got a small pump up to about 9000 and a fall back down to 7200 that large descending triangle will start to look more like a falling wedge with a breakout target around 14k.
You took the words right out of my mouth, great observation! 😂
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I sometimes ask my Magic 8 Ball, "Should I get a little Bitcoin today?"
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You have a 50/50 shot lol
I'm still in the black since I never paid a red cent for any of them, I originally got them years ago when they couldn't faucet them out fast enough.
Posted using Partiko Android
where alts will be heading blood bath is coming
No worries, they will recover ... maybe 😀
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I agree with this prediction 100%
I use my own technical analysis to try and judge major moves in BTC price action and had come to the same conclusion. Managed to short with ok leverage from 10k down to 8k and I've only removed part of that position as I'm convinced it's a 7k turn around.
There is a clear pattern in the long term historical charts that pertains to the halvenings. From what I'm looking at we're not even in the proper bull market yet, we've done a step up from bear into a transition phase and the real massive moves are still to come in the run up to the next halvening. I personally think we'll see 100k BTC in the next bull run.
How this will effect steem price is anyone's guess. I hope it will explode like last time, but I think it might be a more controlled rise.