One can consider it as a gift as it is low enough for buying, as many believe this 9k-10k is how low the price can go.
Aside that, I don't believe the 10k price will stay like that forever, we are vouching for an estimated price of 15k-30k as this month closes.
Also, every price dip shouldn't be a cause for alarm or fear some are needed for market correction.
Topic: Analyst: Bitcoin below $ 10,000 is a gift! - page 4. (Read 983 times)
Good analysis as we can see bitcoin is now over $10,000, currently $12,000 to be exact.
The correction is normal, it bring the price down and that's a gift for those who are not finish in accumulating yet.
I've started buying when bitcoin was really cheap and since i always believe, I never panic on whatever happen in the future because I did buy when people are starting to loss their faith on BTC, now that I'm seeing a new light which bitcoin prove it could bounce back hard, I would always then believe on experts and analyst who are bullish in bitcoin.
The correction is normal, it bring the price down and that's a gift for those who are not finish in accumulating yet.
I've started buying when bitcoin was really cheap and since i always believe, I never panic on whatever happen in the future because I did buy when people are starting to loss their faith on BTC, now that I'm seeing a new light which bitcoin prove it could bounce back hard, I would always then believe on experts and analyst who are bullish in bitcoin.
Well if below 10k is a gift, you need it to hit 20k to double your money. That is pretty damn hard would you agree? Imagine wanting to 10x it. That would mean bitcoin needs to hit 100k.
I mean, wouldn't an altcoin give you a better chance?
I mean, wouldn't an altcoin give you a better chance?
That's intuitive, which is why lots of newbies chase altcoins.
In practice, here's what happens: as BTC rises against USD, altcoins stagnate and fall against BTC. They can spend months drastically underperforming, during which time altcoin holders are losing BTC hand over fist. By the time most of them have capitulated and exited back to BTC, it'll finally be time for altcoin season.
In other words, most of them will miss out. Over time, most people realize it's easier and more reliable to just hold BTC rather than try to beat the altcoin market cycle.
Yes and this is actually where most of my retail friend investors and other FOMO people fall in.
I told people to buy BTC and they said its not worth it because the max they can make is like 20% and they wanted something like 1000% or so.
They saw that ETH was $10 before the bull run and peaked at $1400 and they are looking at those types of gains. Which is why so many retail people are buying XRP now because its cheap and they expect it to hit $3 again.
Well if below 10k is a gift, you need it to hit 20k to double your money. That is pretty damn hard would you agree? Imagine wanting to 10x it. That would mean bitcoin needs to hit 100k.
I mean, wouldn't an altcoin give you a better chance?
I mean, wouldn't an altcoin give you a better chance?
That's intuitive, which is why lots of newbies chase altcoins.
In practice, here's what happens: as BTC rises against USD, altcoins stagnate and fall against BTC. They can spend months drastically underperforming, during which time altcoin holders are losing BTC hand over fist. By the time most of them have capitulated and exited back to BTC, it'll finally be time for altcoin season.
In other words, most of them will miss out. Over time, most people realize it's easier and more reliable to just hold BTC rather than try to beat the altcoin market cycle.
Well if below 10k is a gift, you need it to hit 20k to double your money. That is pretty damn hard would you agree? Imagine wanting to 10x it. That would mean bitcoin needs to hit 100k.
I mean, wouldn't an altcoin give you a better chance?
I mean, wouldn't an altcoin give you a better chance?
People who are interested with Bitcoin should always be watching its dip below the $10,000 zone as a great opportunity to add more hoard or to join for the first time. In my opinion, with the way it is now, it would already be an extreme if Bitcoin can go lower than $9,000 or $8,000 so every little dip can be considered indeed as a gift. The overall market sentiment remains to be bullish especially as we are heading towards the end of the year and into the 2020 period where many people expect more energy and vigor in the Bitcoin ecosystem.
What a misleading term, gift? what if the price continue to plummet before $10,000? How some analyst call it? discount? The thing with this analyst is that most of the time they simply gave us false hope to cling to something, "this X price is a good entry point", blah blah.
We have been in the period of accumulation many months ago, starting at $3200 so I don't understand why this so called experts, they should at least preach it before and not that after we have reach 5 digits and then once we go below it someone will call that it is a good time to buy.
We have been in the period of accumulation many months ago, starting at $3200 so I don't understand why this so called experts, they should at least preach it before and not that after we have reach 5 digits and then once we go below it someone will call that it is a good time to buy.
it could be a gift, especially if it goes down to <$ 6K like last month. Bitcoin can be> $ 12K this year is a gift if we can get that opportunity.
Its a great gift from above that we must not decline, we should take that as opportunity. Instead you panic, you study bitcoin and buy at your best because lower than $10k is very cheap and we don’t know if that is the last bottom for the entire history of bitcoin. I always do my best to own more bitcoin every dip. 
I think that now we have good opportunity to buy more! BTC price will be higher with time, up to 40k untill 2020, I quess. So even now - falling market its good. Whatever, course will make up x100 with time. No reason to worry. BTC is already don't only currency, it's already financial instrument that better then gold!
Bitcoin can be an asset as well as financial asset with high liquidity better than gold but volatile make the prices to be in always danger even if they keeps going higher we will get the fear of when it is going to be dumped so when we have to sell it to make more profits.For the people who missed their chance to invest on $3000 at least need to utilize now because after next years halvening we might see this prices as nothing.
I agree with the what the analyst said because he believe that it is a good time for the investors to accumulate more Bitcoin. He said this because $10,000 acts as a psychological support for Bitcoin. In my opinion, the price of it can go at around 8500 anytime and it will act as a support and after that a bounce can happen. The pulse is decreasing meaning that the price of Bitcoin can go low.
There will still downfalls that may experience in the coming weeks or months, thus a great opportunity for us to buy more at the dip. In every dump and pump there were always speculators saying so many things and that's the reason why it happened and so many advices popping up in social media leading to the FOMO of some investors.
Another analyst will have a different opinion, but what really matters is what you think of the price, If you check the analyses and you agree with it that the current price is a gift, you should take it but if you feel it is just a hype then you wait till you find the price more reasonable.
it could be a gift, especially if it goes down to <$ 6K like last month. Bitcoin can be> $ 12K this year is a gift if we can get that opportunity.
I still think any price is a good entry, but of course those who got in at 3k will always be saying that this 9k level is also a gift, a 3x instant gains gift, and they may believe that the price could drop even lower, if not back to 3k, which will be the real present for all these speculators. Me, I'm ok with this price, I could even like it better lower!
I'm extremely bullish for the long term, so I would definitely agree that whatever coins I manage to buy through DCAing at these prices are most definitely a gift and will pay off in the future. Not trading leveraged anymore as we're seeing large stophunts now and things seem somewhat uncertain at this point in time, but I do not expect this bearish trend to last too long.
You forgot to post the source:
Analyst: Bitcoin below $ 10,000 is a gift!
I don't see good news to drive the price increase, so my short-term forecast is that we will see the $7000 price again. I'm not happy to see the price of $7000 again, but from what I see it will be inevitable, the current price is $9400 and it is slowly falling, so we will soon be at $7000
Summer isn't the best time of the year to expect a big rise in the bitcoin price but a full to $7k soon will a little bit unexpected. I think it will keep +$8k until August. Analyst: Bitcoin below $ 10,000 is a gift!
I don't see good news to drive the price increase, so my short-term forecast is that we will see the $7000 price again. I'm not happy to see the price of $7000 again, but from what I see it will be inevitable, the current price is $9400 and it is slowly falling, so we will soon be at $7000
I think that now we have good opportunity to buy more! BTC price will be higher with time, up to 40k untill 2020, I quess. So even now - falling market its good. Whatever, course will make up x100 with time. No reason to worry. BTC is already don't only currency, it's already financial instrument that better then gold!
You forgot to post the source:
Analyst: Bitcoin below $ 10,000 is a gift!
I don't see good news to drive the price increase, so my short-term forecast is that we will see the $7000 price again. I'm not happy to see the price of $7000 again, but from what I see it will be inevitable, the current price is $9400 and it is slowly falling, so we will soon be at $7000
Summer isn't the best time of the year to expect a big rise in the bitcoin price but a full to $7k soon will a little bit unexpected. I think it will keep +$8k until August. Analyst: Bitcoin below $ 10,000 is a gift!
I don't see good news to drive the price increase, so my short-term forecast is that we will see the $7000 price again. I'm not happy to see the price of $7000 again, but from what I see it will be inevitable, the current price is $9400 and it is slowly falling, so we will soon be at $7000
Quote
What do you think, will there be any further increase in Bitcoin? Cool
The only thing we can be sure of is bitcoin will keep moving, we are not sure if it will move up or down, but that's what bitcoin does. My prediction is it will go down slowly, and for the end of the year we will see another mega bump. Is just my prediction and is based on a feeling.
or popular person but majority of them do tell non precise things yet this entire crypto market can move out against or oppose on what they have said.So in short, the only
thing we should depend is on how you would utilize such price movements.
Well-known cryptanalyst and co-founder of Blockroots Josh Rager believes that the bitcoin price that has fallen below $ 10,000 is a real gift that needs to be used.
He expressed the corresponding idea on Twitter on Saturday, when Bitcoin once again dropped below $ 10,000.
According to Raiger, Bitcoin was at potentially low highs and, most likely, for some time will hold out at levels below $ 9,690. The trader does not exclude that if the local resistance level cannot be broken, the first cryptocurrency can test the weekly support level at $ 9,000.
At the same time, if the weekly trend turns out to be bullish, the price could rise to $ 10,586. A preferred level that would confirm the reversal would be a resistance level of $ 10,854, he believes.
Be that as it may, Rager made it clear that he did not believe in a change in market sentiment towards bearish, and therefore said that Bitcoin below $ 10,000 could be considered a good gift.
As of 12:00 UTC Sunday, the weighted average rate of Bitcoin, according to the CoinMarketCap, was $ 9,526.
What do you think, will there be any further increase in Bitcoin?
I do agree with Rager and I have read similar analysis from about 8 analysts on Twitter. It might be the last time we are seeing below $10,000. This year bitcoin price is too good to stay below $10,000 for long. I do believe that bitcoin is going above $20,000 before end of this year and that means if you buy now you may make good profits. He expressed the corresponding idea on Twitter on Saturday, when Bitcoin once again dropped below $ 10,000.
According to Raiger, Bitcoin was at potentially low highs and, most likely, for some time will hold out at levels below $ 9,690. The trader does not exclude that if the local resistance level cannot be broken, the first cryptocurrency can test the weekly support level at $ 9,000.
At the same time, if the weekly trend turns out to be bullish, the price could rise to $ 10,586. A preferred level that would confirm the reversal would be a resistance level of $ 10,854, he believes.
Be that as it may, Rager made it clear that he did not believe in a change in market sentiment towards bearish, and therefore said that Bitcoin below $ 10,000 could be considered a good gift.
As of 12:00 UTC Sunday, the weighted average rate of Bitcoin, according to the CoinMarketCap, was $ 9,526.
What do you think, will there be any further increase in Bitcoin?
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