Bitcoin: A Realistic Price Prediction For This Market Cycle (buckle up)

Bitcoin: A Realistic Price Prediction For This Market Cycle (buckle up)




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33 Comments

  1. Thank you for always bringing in a fresh perspective. I will be watching out for that area, RSI and pi cycle in November. 2013 it looks like we overshot the top line a bit. If we do the same then I might be eying 148k for my sell orders.

  2. If BTC is going to get anywhere near 222K, it had better move some ass. I am in and I don't plan on going anywhere but we touched almost 67K and now we are struggling to hold 60K and we have nothing but good news. Odd asset to say the least.

  3. Hi Steve
    Thanks for that video, all ways good content like your classes.
    What about other crypto would they grow all together with the BTC or will it work on cycles

  4. I’ve read and heard, that the more times a price hits a resistance or support zone/line the more likely the price will break the zone. Bitcoin is possibly going to hit the top yellow resistance line a third time in its history. After hitting the top resistance, bitcoin has always retraced, but retraced to higher low. Is it possible that bitcoin will smash through that yellow resistance and use it as support to set a new bottom support line or turn it into a new middle green line of a channel.

  5. Thanks Steve! 137k is a realistic target for btc in this cycle. Too bad even that's not enough for some people…It's crazy that about 9 out of 10 actually lose money in crypto space partly due to their greediness.

  6. It could also be a mix of the two cycles and we might continue like in 2017 with a steady climb to even higher price levels over a few months because cycles lengthen. Whichever way plays out, exciting times ahead πŸ™‚

  7. My sentiments exactly. However it depends on the velocity that we get to the 135k. If it’s fast and heavy then you have to consider selling into the strength. I’m thinking it caps around Thanksgiving and then December sets up for a fall.

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