#16 - Bitcoin Price Forecast

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·@mahdiyari·
0.000 HBD
#16 - Bitcoin Price Forecast
<center>![bitcoin-811507.jpg](https://steemitimages.com/DQmXjRmZLNfAn2b5J9g1WyGSpvxNuXA5Qi7e3ekamMBeDMv/bitcoin-811507.jpg)</center>
2 month ago, I said bitcoin will reach ~ $5,000.
bitcoin reached our forecast.
you can read my post here: [#14 - Bitcoin Price Forecast](https://steemit.com/bitcoin/@mahdiyari/14-bitcoin-price-forecast-buy-and-sell-signals-another-fall)
>Also, There is ~ $5000 Signal in Long Term ,
i still receive this signal from a few month ago ,
i think it will happen. but , not now.
***
Let's see what will happen in the future.
Bitcoin Price: $4,150
Price Base: Fxopen

These charts analyzed by Elliott Waves:
### Bitcoin 4Hour Chart:
It is awesome. Light blue wave is a Nice 'Flat' Wave.
<center>![Shot158.png](https://steemitimages.com/DQmQFGFe4uHTNTzXyPBMpTnpxJMzYVSpszvhrvcFeSe3QRn/Shot158.png)</center>
Expanded Flat
<center>![Shot159.png](https://steemitimages.com/DQmV1YtJVb4aKQsoPYbnF2J3iafJj3DyvoeNqk28HXycFTg/Shot159.png)</center>
And Extension 5
<center>![Shot160.png](https://steemitimages.com/DQmUqvnPoWkqeicoGFXrUeCPWQH7mxg3rrUqm9w5wbfH3uz/Shot160.png)</center>

### Bitcoin 1Hour Chart:
one Extension 3
<center>![Shot161.png](https://steemitimages.com/DQmcb1imyWdsKzzNtdFiZvhvJ76Wb5aiL9bgPNfiLYv1WNX/Shot161.png)</center>
and TripleZigZag
<center>![Shot162.png](https://steemitimages.com/DQmeX7pkP4B6CX5SWr4VUrurMeg1hNwjhU3u4hbJm2MGJ7m/Shot162.png)</center>

### Bitcoin 5Minute Chart:
Here is Two Extension 3
<center>![Shot163.png](https://steemitimages.com/DQmcWz15UxFHxqgZAFWStVh9QpCHsD4pD4cMfqR5gLfZTK2/Shot163.png)</center>
<center>![Shot164.png](https://steemitimages.com/DQmRhwKe91nN2KJoGYgAncXVSR6Qky24n1FK3ykwzwvUTUZ/Shot164.png)</center>
and one ZigZag
<center>![Shot165.png](https://steemitimages.com/DQmUD65cmBjS2S3qCXdtnEt4fYQ62Gr1GnkEcBpJf2uz4gz/Shot165.png)</center>

### Analysing:
According to 4 Hour Charts, Bitcoin Price will go down in a few days or weeks. But we have some targets on $5800, $7900, $9000 and $21000 in Long Term. Long term in here means a few months.

According to 1 Hour Charts, Bitcoin Price will go down in a few days or weeks. We have some negative target on $3900 and $3700. But we have some Positive and Strong targets on $6800 and $10700 in Long term.

According to 5 Minute Charts, Bitcoin Price will go Up for a while. maybe in a few hours. We have some positive targets on $4200. But we have some Negative Targets on $3800 and $3600 in long term. Long term in this case means, a few days or weeks.

### My suggestion:
I think bitcoin will reach $3900 and lower prices. then it will start rising. it will go upper and upper.
maybe after some falls.
if you are a bitcoin holder. Keep your bitcoins and wait.

Note: Remember, Charts are not all part of market. anything can happen. Use my suggestions in your own risk.
remember what I said.
***
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***
Regards,
2017-09-05
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