Topic: $ 3400 is the lowest bottom? - page 3. (Read 1031 times)

Exactly, when the $6000 price barrier has been broken, (which at the beginning was very strong) all hell breaks lose and we see every price support levels falling like dominoes. And then followed by lots of FUD like there's no more profits from mining bitcoin. So there's a possibility that this massive sell-off is not done yet although we might see the bears getting exhausted as some point. As I have said in the previous threads, support levels are irrelevant, because of the collapsed.

Well there's another speculation and we get disappointed again if it dip to $2000. I don't think its going to be the bottom, the only bottom you should assume by now is $1. You have to expect the very worse that could happen as someone said BTC will end in the most horrific way lol. Sending your money to USD would be the safest.

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.

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.

My opinion about bitcoin price now is $3400 is lower and drop price, check last year bitcoin could raised to higher price about $14,000 and now drop, how come we can be happy with bitcoin price, make many investor never buy and invest at bitcoin again.

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

This new downturn was overcome again, so we can't wait long for now, tell you that this is as far as it goes and that it's not going to go down any more serious I'm gonna be lying to you, because nobody really knows, just the market keeps going down and there's nothing to stop it, that's the way things are at the moment.

Many are in distress, many are spreading FUDs, some capitulate, but in the end whales are still the one with the last laugh for accumulating some bags. Bear market is like life guys and gals change will come after it., there's nothing that is permanent. Remember, bitcoin died many times yet you seen it last year at ATH. If you care for bitcoin just remember its use case not the price itself.

There will be no lowest bottom to be seen, bitcoin ICO price is zero.

I have seen bitcoin at high price like more than $20000 but now it is moving to the hard time and now bitcoin is trading at lowest level $3400 but it is not the matter to worry we have so many other opportunities but now the market situation is not good so we have to keep patience and when we see some potential in the coins we can then invest in that coins and daily new coins are ready to come for projects.

I believe it will happen especially in near end of the year, we can see the true market on that time.
And guess what ? I'm also believe that there will be a momentum on new year 2019, yes , the market start green so you can try to invest some btc or alt.

~Personally Still hold 1 bits !

Looking at the current sell of we can't predict the bottom just yet. 3500$ was looking like it as bitcoin might have found the floor but it is slipping again so anything can happen. But the bottom is near that is for sure as there is not much left for bitcoin to go lower and upward potential is higher.

We are in completely new and uncharted territory, and no one can predict the bottom, or even the future. What is certain is that in 5 years, Bitcoin will have increased dramatically in value.

Right now we have a bond yield inversion, and that is destabilising stocks. There is a shift to barterable assets, with gold and silver coins being the preferred options. Bitcoin must be considered as another of these assets though. There is a rise in populism, and awareness that a real Brexit could cause the renegotiation of world derivatives, as most are based on LIBOR, and negotiated through London. DoucheBank is going to bring down the Euro, and possibly the EU, when the other associated factors are considered. This uncertainty is bringing down many asset values, and often fundamentals are not being considered.

I've been watching reports on whale wallet movements, and many of them try to create alarm by reporting large sales. People don't seem to realise that a sale requires a buyer as well as a seller, and if this was a bull market, those transactions would be reported as purchases. In fact, many of the sales are really  just movements. Foe example, why would a wale sell 30,000 Bitcoin, and the next day buy 20,000 at a price that is £150 higher. It's pretty obviously a manipulation coupled with an acquisition plan.

There are some other considerations, such as Qatar leaving OPEC, and Saudi running out of oil. The US/China conflicts play a part as well.

Still speculations, we don't know what is the real bottom and how long this bearish market will continue, it's hard now to make any entry its needed to study well and make some assumptions and prepare for numerous plans before you take your step, if the downfall will continue shorting can be possible
to earn small gains always take advantage and carefully do your trade.

as per the website bitcoinwisdom technical analysis bitcoin is expected to touch 2200 dollars more likely in a week or so right now bitcoin is having a downtrend we cant exactly say til what price downtrend price

Well, at this time bitcoin price prediction is a bit difficult because we don't expect bitcoin to reach that much low price. Before 1 month some analyst predicted that bitcoin would go to 3000$. But by looking at the market condition we can predict or say that it would go to 2200$ to 2500$ by the end of December.

It can go way down or it can skyrocket to god knows where. Noone can predict what will happen in this kind of market conditions.People should be careful.Everything can happen.

There will a bottom but where noone knows, only various predictions are there. As per my personal thoughts $3000- $3300 should be the bottom and price should retrace from here. Bitcoin price remained stable at around $6k for quite sometime and a last dip was expected to create panic among holders and this dip of around 50% decrease in price should be the end of this trend, lets see how price reacts.

Why are you looking for the lowest price?
No one can find out the lowest price, while predictions like in the past have said that the bitcoin price predictions for the end of 2018 say that it will rise high, but the reality is not in line with all of us, and now they are all silent at prices that have fallen far, I also saw them start to move away and start to decrease for those who are interested in using bitcoin, but I'm not saying that bitcoin will be "extinct". I am sure that bitcoin will continue to grow for the following years.

It will even go down from the look of things and it indicates that these turn of events will surely create another dilemma that could at least affects the price again. Let's just expect that worst yet to happen but least assured that bitcoin will not die from this moment on because it's the future currency and still adaptation is still progressing.

It is difficult now to predict because the level bitcoin price has reached is not even thought of. I used to rely on technical analysis with RSI mainly but it seems that the market is no longer obeying the laws. The relative strength index(RSI) which has already indicated an oversold position which by now the movement in the market should have reversed to trend upwards.