Topic: $ 3400 is the lowest bottom? - page 2. (Read 1031 times)
The price falls very fast. My opinion the price will break the resistance on $3000
By the way at this time mass disposal occurred in BTC but still hoped that only at the 3K point would BTC be considered the lowest,if it continued to fall we might not see the 1500 low but below 1K and that would be more dumping that would occur later.Everyone might forget to invest in BTC until the whale increases its value again.
That would be great. I'm completely ready for $1000. I bought for less than that and sold enough to make a profit that comes down to 3 times my 2015 investment. And it leaves me with more Bitcoins than I had in 2015, so even if we go to $1000 I'll have more Bitcoins than I had when I came to the space, those Bitcoins will be worth more fiat per coin, and I'll have more fiat on the side than I had in 2015. As long as you're not greedy and have your goals set straight, you will be happy with any outcome in any market. Sure, I could have sold it all at 10k and have more fiat, but that would equal more taxes, the government knowing that I'm a Bitcoin investor, and it would make me hold fiat on exchanges to buy the dips, which is a risk I don't want to take. It's all fine.
I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500.
I've expressed my opinion on TA many times before: I think it's a load of garbage, looking at past price patterns in an attempt to predict the future. It is akin to trying to create a crystal ball to foresee the future, and I'm pretty damn sure that can't be done. Sometimes if momentum (up or down) is very strong, it's easy to make accurate predictions for the short-term, but in general I think TA is a load of voodoo horseshit.Bitcoin is at $3371 as I write this, and it's anyone's guess whether it'll continue downward or rebound. I have a feeling it'll rebound eventually, but I'd stare blankly at you if you asked me for evidence for this feeling. Bitcoin is very hard to analyze since it's not a stock but a currency and not a widely-adopted one at that. Where the price is going is just guesswork. Some people get it right, but I think most people don't.
As for the $1500 prediction, I don't think we're going to go that low. Possible, yes. But that would be one hell of a drop, and I don't think investor sentiment is negative enough to drive it that low.
I think the lowest price of bitcoin in 2018 would be 3000$ because if we have look on bitcoin graph of previous decade then we see this much crashing of bitcoin after every 4 years. Bitcoin already dropped 78% almost so I don’t think it will go to that much low price (1500$).
But the one fact we all should know that bitcoin is unpredictable so we can expect anything from bitcoin.
By the way at this time mass disposal occurred in BTC but still hoped that only at the 3K point would BTC be considered the lowest,if it continued to fall we might not see the 1500 low but below 1K and that would be more dumping that would occur later.Everyone might forget to invest in BTC until the whale increases its value again.
Technical analysis is related to statistics in that its a record of past price history. There is no opinion in observing those facts, the part where it becomes variable is the opinion based on those facts and what has to be called probability. Nobody knows for sure but you can guess the path by the tracks in the road, its a reasonable avenue of judgement just dont go standing in the way of a truck thinking you know better ok 
Heres a very brief take
The recent top is the previous bottom pricing. The blue line just an average of /50. I think I had it on 15m bars here, the size of which varies by the high low price in that time frame. Thats all just data really. If I try to state I'm bearish then thats the guess part.
above 3500 would be seem more positive and 3900 is the 8 day average price
Heres a very brief take
The recent top is the previous bottom pricing. The blue line just an average of /50. I think I had it on 15m bars here, the size of which varies by the high low price in that time frame. Thats all just data really. If I try to state I'm bearish then thats the guess part.
above 3500 would be seem more positive and 3900 is the 8 day average price
I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500.
I've expressed my opinion on TA many times before: I think it's a load of garbage, looking at past price patterns in an attempt to predict the future. It is akin to trying to create a crystal ball to foresee the future, and I'm pretty damn sure that can't be done. Sometimes if momentum (up or down) is very strong, it's easy to make accurate predictions for the short-term, but in general I think TA is a load of voodoo horseshit.Bitcoin is at $3371 as I write this, and it's anyone's guess whether it'll continue downward or rebound. I have a feeling it'll rebound eventually, but I'd stare blankly at you if you asked me for evidence for this feeling. Bitcoin is very hard to analyze since it's not a stock but a currency and not a widely-adopted one at that. Where the price is going is just guesswork. Some people get it right, but I think most people don't.
As for the $1500 prediction, I don't think we're going to go that low. Possible, yes. But that would be one hell of a drop, and I don't think investor sentiment is negative enough to drive it that low.
The previous bottom of $100 is the lowest bottom. With enough FUD and negativity we could go to $1200 without breaking a sweat. And it still wouldn't be the end of Bitcoin, like some people are saying now. Bitcoin previously never went below the top of previous bull market in the second bear market.
I thought that it wouldn't break 5800 and when that happened I stopped following the price because it's too hard to predict. We are in panic mode now and there are no limits to how deep we could go from here.
I thought that it wouldn't break 5800 and when that happened I stopped following the price because it's too hard to predict. We are in panic mode now and there are no limits to how deep we could go from here.
Bitcoin is trading at 18% below from late last year.According to experts this has started just after the harsh fork of Bitcoin cash and terrible condition of global market.The situation is so harsh that in late November-2018 the Chinese miners has started selling minig machine according to weight.
Excuse my words, but seriously, fuck these experts. They have done nothing but mislead the mass in each and every way.
You are the prime example of why news outlets have become shit. You take everything for granted without doing prior research, and without knowing how this market actually works. At worst, the btrash fork added some fuel to the fire, but there never is one single reason why a market pumps or dumps. It's always a collection of factors. Last year it worked in our favor, this year it goes the other way.
In the end, there is no point in trying to find a bottom that you have zero control over. Every bottom you have in mind will likely be crushed and you end up being disappointed and more stressed out than before.
Bitcoin is trading at 18% below from late last year.According to experts this has started just after the harsh fork of Bitcoin cash and terrible condition of global market.The situation is so harsh that in late November-2018 the Chinese miners has started selling minig machine according to weight.
All price predictions for Bitcoin seem to be very negative at this time. I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500. It seems that a lot of optimists think that $ 4800 would be the bottom. But after a month, at this moment it seems $ 1500 is absolutely possible. Tell me the price lowest bitcoin you ever thought would be how much $?
https://bitcointalksearch.org/topic/bitcoin-will-return-1500-5071669
https://bitcointalksearch.org/topic/bitcoin-will-return-1500-5071669
Absolute lowest price is zero!
However many point to $1500 as being the next floor to show any stability.
So most likely we drop to $1500 for ~ year , and then the Market place decides if BTC dies or pumps.
The deciding factor in that choice is : will be is their any real adoption by the populace.
FYI:
We have already dropped below $3300.
Good luck guessing the bottom of BTC, BTC is by far one of hardest assets to gauge in-terms of value/price.
It's realistically all tied to events at this point. I assume some positive news will come in the new year, considering end-of-year tends to be a tad more quiet.
It's realistically all tied to events at this point. I assume some positive news will come in the new year, considering end-of-year tends to be a tad more quiet.
The lower the better, people lose confidence, sell badly, and whales buy a lot. It is the law of life. The same thing happened last year.
All price predictions for Bitcoin seem to be very negative at this time.
Whenever prices fall, people panic and start selling and news channels do not stop posting news talk that the chances of VanEck ETF bitcoin are very small, it only increases panic because people lose hope
I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500. It seems that a lot of optimists think that $ 4800 would be the bottom. But after a month, at this moment it seems $ 1500 is absolutely possible.
let's assume the price will drop to $1500, okay, so what? bitcoin is going to die because the price fell to $ 1500? bitcoin will not die because price fell to $1500, take that chance and buy more bitcoins
Tell me the price lowest bitcoin you ever thought would be how much $?
$1500
I saw on coinmarketcap, bitcoin traded at a price of $ 3200. This indicates that the price you expect has been exceeded and may decrease by more than $ 3200. I don't know the price of bitcoin will decline, but that will clearly decline again if you see current market sentiment. But there is nothing wrong if some people who save money in cryptocurrency to decide to buy at a price like this, and for those who still have cryptocurrency assets then there is no way other than holding.
I find that the truth may be in the middle. I have heard about $2400 dollar prediction and it may be possible the way we are going. I am not afraid even about 1500 if it gets there, bear market will not last forever. We must remember that and recall past years.
No one know it all, many are just predicting and not a sure thought, so I can see bitcoin going toward that direction of 1500$ as a bottom and if that happen am very sure many noons will leave and those with good aim stick to the bitcoin trill we see raise again.
There is a high probability that bitcoin will fall even below$ 1500 and this is facilitated by a number of very important factors that are known to any person deeply studying the movement of the market. For me personally, the fall of bitcoin to such a level was obvious in the middle of this summer, so I made all the necessary actions that would not remain in the losers.
No one know it all, many are just predicting and not a sure thought, so I can see bitcoin going toward that direction of 1500$ as a bottom and if that happen am very sure many noons will leave and those with good aim stick to the bitcoin trill we see raise again.
All price predictions for Bitcoin seem to be very negative at this time. I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500. It seems that a lot of optimists think that $ 4800 would be the bottom. But after a month, at this moment it seems $ 1500 is absolutely possible. Tell me the price lowest bitcoin you ever thought would be how much $?
https://bitcointalksearch.org/topic/bitcoin-will-return-1500-5071669
https://bitcointalksearch.org/topic/bitcoin-will-return-1500-5071669
When I checked the coinmarketcap bitcoin dropped to 3281$, where I think the prediction of the experts will going to be happen were that Bitcoin
will drop up to 3,000$ then bull run next. Therefore, it is really true that there is a manipulator who controlled in the market of bitcoin.
no one can accurately predict the lowest bottom for bitcoin price as those who predicted earlier has seen the price of bitcoin fall below the price they earlier predicted. I suggest we all observe the market as there are lots of panic sellers who keep selling off their bitcoins at cheap prices.
We have 3237 now
So lets see strong support is at 2800 if that will break we will have real panic
Very bad time for risky investments
Sell of on stocks
And lot of new tensions between USA and China and Brexit issue
So lets see strong support is at 2800 if that will break we will have real panic
Very bad time for risky investments
Sell of on stocks
And lot of new tensions between USA and China and Brexit issue
We are already in a real panic since 5800 broke. How can you spot that the panic is real?
1. A lot of FUD in the media, a lot of articles about dying BTC.
2. A lot of whiners on the forum sharing their sob stories about stupid BTC they once believed in.
3. No corrections. We were overdue for a correction on the RSI for weeks and there was none, only dumps day by day.
to me it is a clear manipulation of the market, there are too many coincidences
of course the panic and the media add to this, compound with the current state the world is in
with the oil prices, trade wars and nearly on a brink of a hot war, it is only reasonable that an asset that has no material value is being devalued,
but I'm pretty sure the market is going to recover in a couple of years if not earlier
first stop -February and the ETF rejection or approval, lets see what the price is by the end of January
if it stays above 2000$ I am ok with it, if it drops lower, then it is time to buy
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