You do not have to have abilities that can see the future, normally in crypto we know that there is not a single person who can see the future, neither anyone in the stock market as well but these sectors has managed to build a whole business out of trying to predict, eventually some win and some lose but everyone keeps on predicting, you can't just say "I don't know" and leave, in that case you shouldn't be in financial sector at all, making money with money is all about assumptions and guessing.
Obviously you are going to have some ideas about what is going to happen in the future, nobody expects you to actually know it, that would be impossible but you should have your own ideas that you do not force to people, if you say "I think this could happen" you are fine, if you say "this will happen be ready!" that is wrong.
Topic: Bearish! (Read 664 times)
Quote
When everything is so unexpected, nobody saw the drop coming
I'd say quite a few expect the price to pull back alot when we rise from 3000's into nearly 10k above that. The price is elastic to some extent and pullback and returns to a more average price is quite normal and not that bearish really. If we get a series of trending lower prices both peaks and declining then you have proper trend to call bearish, we dont have this and opinions can be taken either way.
Tom Lee keeps making up stuff for bitcoin prices that are totally irrelevant, dude once said bitcoin will be 15k when it was 6k (not recently, quite a while ago) and it literally turned away from 14kish levels, just didn't touch 15k and started to go back down and reached 7k by the end of the year.
You have to understand where Tom Lee is coming, he is a managing partner at Fundstrat, so he really needs to give this exorbitant claims, to keep his client. His not only giving crypto bold predictions, but stock as well.
I can't believe how wrong he can be at sometimes, dude is so wrong that if he told me right now that bitcoin will go to 11k I would sell my coins. I really do not believe him and trust his predictions that much, if he said it would stay around these levels or go anything around 11k-12k I would sell. Obviously he will keep saying that bitcoin will be insanely high, that is who he is, even on the worst days of bitcoin he looks at it and sees buy opportunity which is actually quite nice but not a person to follow suggestions.
Of course we shouldn't trust anyone with their prediction, perhaps it could be a good guide for everyone because this guy has a extensive years of experience but it doesn't mean he will be correct. In August he predicted that stocks will have a monstrous rally, but I'm not sure if it happen or not.
Tom Lee keeps making up stuff for bitcoin prices that are totally irrelevant, dude once said bitcoin will be 15k when it was 6k (not recently, quite a while ago) and it literally turned away from 14kish levels, just didn't touch 15k and started to go back down and reached 7k by the end of the year.
I can't believe how wrong he can be at sometimes, dude is so wrong that if he told me right now that bitcoin will go to 11k I would sell my coins. I really do not believe him and trust his predictions that much, if he said it would stay around these levels or go anything around 11k-12k I would sell. Obviously he will keep saying that bitcoin will be insanely high, that is who he is, even on the worst days of bitcoin he looks at it and sees buy opportunity which is actually quite nice but not a person to follow suggestions.
I can't believe how wrong he can be at sometimes, dude is so wrong that if he told me right now that bitcoin will go to 11k I would sell my coins. I really do not believe him and trust his predictions that much, if he said it would stay around these levels or go anything around 11k-12k I would sell. Obviously he will keep saying that bitcoin will be insanely high, that is who he is, even on the worst days of bitcoin he looks at it and sees buy opportunity which is actually quite nice but not a person to follow suggestions.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
I have a Crystal ball and i can see the future price of Bitcoin LOL ,but this is limited for those who really investing in Bitcoin but not for those people that asking and seeking answer but did not even Put any amount to invest in crypto.Whales are locking heavily on $9k. What are ur views on it?
if you are a true supporter of Bitcoin or even invested in this then fur sure there are no question like this that will be created by a Holder.
Not a bad idea to reference sp500 as a general indicator, 3000 is still an elevated level and we cant really say the market overall is negative just for sell offs that dont build into a larger negative trend. I'm waiting for BTC to either break above 50 day average or return to the 200 day, everything in between is either indecision or consolidation depending how you want to view it but generally we need to touch base before we move on especially.
I think it's more of a consolidation, we have seen similar patterns in the past, specially in 2019. So we're like indecisive with no imminent break out in either direction. I can't remember, but this is like August 2018 as well, wherein we went on another consolidation phase, two months I think, but I could be wrong.
Well it will remain bearish to me though, unless we break some resistance on the $10600 level or even more to say that we have shifted to a bullish trend. So if we remain on the $10k-$10,300, this is an indication that we are bearish short term.
I am doing more research to educate myself in this market, this is not a bear market but we will see regular correction after few pumps. Also the bitcoin dominance is expected to reduce in the bull market, so we might need the education on what to watch and how we study to market movement. For long term traders, the size of profit will be different with the same amount of investment, strategy should be different and risk should be educated. For expected trillion market in next 18 months; we also expect the space to produce many millionaires and billionaires.
I do not think bitcoin still remain bearish. When everything is so unexpected, nobody saw the drop coming and we are still not sure what is going on right now. Thankfully price stands for a while right now but "strong buy" is not really the right word I would use right now, I would probably say something more like "probable buy" or something 
.
That is a little bit more realistic, it is not at strong anything, it is at a mediocre level where I wouldn't be really shocked by people who are getting out because they fear price will go down, but I do understand buying more now because it looks like it might go up back to over 11k once again as well, both of those moves makes sense right now, which means it is not strong anything at the current stage.
.That is a little bit more realistic, it is not at strong anything, it is at a mediocre level where I wouldn't be really shocked by people who are getting out because they fear price will go down, but I do understand buying more now because it looks like it might go up back to over 11k once again as well, both of those moves makes sense right now, which means it is not strong anything at the current stage.
since January 2018 we have not seen a price higher than $14000 and in the last few months whenever the price reaches $12000 and it cannot increase more, it falls a lot and people are afraid of it and as a result whenever it reaches $10.000 to $12000 people start selling a lot and come back to buy at $8000 or more below, we have been in this cycle for many months now, that's why I have been saying that before we dream about $20,000 we first need to exceed $14000 and stay stable above $14000
You are right @Slow death. Breaking $14,000 will need more support, but the difficulty is how bitcoin can break $11k-$13k first because this time, bitcoin down too deep. I still believe that bitcoin will get more power to break $10,500 (this is the first barrier that bitcoin needs to break), then $11k, and so on (which is not easy to break).
Breaking $20k will be a matter of time for bitcoin to break, and even the price is not hit that price this year, we still have more chances to see it's happening next year. Can we wait for that time and have more patience to pass every day to see bitcoin go up and down? I guess that it is not easy to see that.
I do not think bitcoin still remain bearish. When everything is so unexpected, nobody saw the drop coming and we are still not sure what is going on right now. Thankfully price stands for a while right now but "strong buy" is not really the right word I would use right now, I would probably say something more like "probable buy" or something .
That is a little bit more realistic, it is not at strong anything, it is at a mediocre level where I wouldn't be really shocked by people who are getting out because they fear price will go down, but I do understand buying more now because it looks like it might go up back to over 11k once again as well, both of those moves makes sense right now, which means it is not strong anything at the current stage.
.That is a little bit more realistic, it is not at strong anything, it is at a mediocre level where I wouldn't be really shocked by people who are getting out because they fear price will go down, but I do understand buying more now because it looks like it might go up back to over 11k once again as well, both of those moves makes sense right now, which means it is not strong anything at the current stage.
since January 2018 we have not seen a price higher than $14000 and in the last few months whenever the price reaches $12000 and it cannot increase more, it falls a lot and people are afraid of it and as a result whenever it reaches $10.000 to $12000 people start selling a lot and come back to buy at $8000 or more below, we have been in this cycle for many months now, that's why I have been saying that before we dream about $20,000 we first need to exceed $14000 and stay stable above $14000
I do not think bitcoin still remain bearish. When everything is so unexpected, nobody saw the drop coming and we are still not sure what is going on right now. Thankfully price stands for a while right now but "strong buy" is not really the right word I would use right now, I would probably say something more like "probable buy" or something .
That is a little bit more realistic, it is not at strong anything, it is at a mediocre level where I wouldn't be really shocked by people who are getting out because they fear price will go down, but I do understand buying more now because it looks like it might go up back to over 11k once again as well, both of those moves makes sense right now, which means it is not strong anything at the current stage.
.That is a little bit more realistic, it is not at strong anything, it is at a mediocre level where I wouldn't be really shocked by people who are getting out because they fear price will go down, but I do understand buying more now because it looks like it might go up back to over 11k once again as well, both of those moves makes sense right now, which means it is not strong anything at the current stage.
Not a bad idea to reference sp500 as a general indicator, 3000 is still an elevated level and we cant really say the market overall is negative just for sell offs that dont build into a larger negative trend. I'm waiting for BTC to either break above 50 day average or return to the 200 day, everything in between is either indecision or consolidation depending how you want to view it but generally we need to touch base before we move on especially.
It might take the S&P 500 to drop below 3000 before bitcoin can drop below $9000, I reckon. Tom Lee said so hehehe.
Compare their charts. They are very much at the highest degree of correlation this year.
Macro is favorable for #Bitcoin but tough if equities selling off
Source https://twitter.com/fundstrat/status/1301724535268536320
Compare their charts. They are very much at the highest degree of correlation this year.
Macro is favorable for #Bitcoin but tough if equities selling off
Source https://twitter.com/fundstrat/status/1301724535268536320
For once, I agree with Tom Lee.
This is a crucial spot. The S&P 500 is still hovering just above the 50-day MA and daily lower BB, and threatening to break below them:
Holding below those levels (for the first time since the April recovery) is going to trigger a big mid-term correction. That will hit BTC hard. The low 3,000s for the S&P 500 and low $9,000s for BTC are obvious support zones but I'm not sure that would be the end of it.
It might take the S&P 500 to drop below 3000 before bitcoin can drop below $9000, I reckon. Tom Lee said so hehehe.
Compare their charts. They are very much at the highest degree of correlation this year.
Macro is favorable for #Bitcoin but tough if equities selling off
Source https://twitter.com/fundstrat/status/1301724535268536320
Compare their charts. They are very much at the highest degree of correlation this year.
Macro is favorable for #Bitcoin but tough if equities selling off
Source https://twitter.com/fundstrat/status/1301724535268536320
Is btc at its lowest right now or it will still fall near to $9k?
Probably yes?? Probably no. If only I know it with 100% accuracy then I maybe rich now.My prediction though is I think there is a chance that it will go at around $9000 if it doesn't hold the $10,000 support.
Whales are locking heavily on $9k. What are ur views on it?
If it goes down then good because it gives us another opportunity to accumulate more.Not really bearish if you want to know my thoughts. In the recent months it went from below 9000 dollars to a steady level of 11000. Even after correction to 10000 it's still bullish.
Others say its bullish because the price goes down hard to even below $10k. But currently, we haven't seen bitcoin as volatile as this again. So we can't say we are bearish, at the same time, not bullish as well. Mad fluctuations.
In a bearish scenario it goes up and crashes to a new low. For it to be called bearish we would have to start from 9, go to 11 and drop back to 8.
This is still healthy sign though, we are still in the 5 digits and that is what important right now. Support are still there and hope that it will stay about $10k and make a imminent positive break out again to $11k-$12k.
Not really bearish if you want to know my thoughts. In the recent months it went from below 9000 dollars to a steady level of 11000. Even after correction to 10000 it's still bullish.
In a bearish scenario it goes up and crashes to a new low. For it to be called bearish we would have to start from 9, go to 11 and drop back to 8.
In a bearish scenario it goes up and crashes to a new low. For it to be called bearish we would have to start from 9, go to 11 and drop back to 8.
https://www.coindesk.com/price/bitcoin
The price still waving away from touching $9k, it keeps moving slowly back high again.
But anyway, it was not a thing to worried about even if we get back below $10k because the market will still remain healthy. We are not yet at the bearish season in order to think that we price will fall back down. Not this time and probably not this year.
We are fine and moving forward until the huge drop, we are caught by surprised by that sudden drop people are looking for an answer there are so many speculation, I've read the many speculation and they all seems legit or the real causes of the drop.
It seems the climb for another all time high is not going to be this easy because people are going to take easy investing lest they are caught on a big drop, unless they see this this as a big opportunity for future profit.
Right now the market goes into another sea of red, I thought that we are recovered already. Hard for now to see where the price is going to be as if someone is dragging the price to just $10k price.
We already recovered from $9,900 to $10k again. Now, the price seems stable at $10,200-$10,400, but there is a chance for the price to make a correction again this weekend, so we still need to be careful and prepare the money to buy more. The candle itself showing the red candle after yesterday saw the green candle came to the market, but the situations today are different from yesterday.
I hope that the price will be back to the high price in the next week. But the line of the chart still showing that we still go down for more, no wonder we don't know when the trend will go up.
The price still waving away from touching $9k, it keeps moving slowly back high again.
But anyway, it was not a thing to worried about even if we get back below $10k because the market will still remain healthy. We are not yet at the bearish season in order to think that we price will fall back down. Not this time and probably not this year.
Yes, at 5 digits? market is still healthy, but for some they wanted to see the price going parabolic, which is not possible specially in a very volatile market. I wouldn't say that we are in bearish, but there are more fear in the market, as it constantly fluctuates between $10k to $10,300.
Right now the market goes into another sea of red, I thought that we are recovered already. Hard for now to see where the price is going to be as if someone is dragging the price to just $10k price.
https://www.coindesk.com/price/bitcoin
The price still waving away from touching $9k, it keeps moving slowly back high again.
But anyway, it was not a thing to worried about even if we get back below $10k because the market will still remain healthy. We are not yet at the bearish season in order to think that we price will fall back down. Not this time and probably not this year.
Crypto traders and holders would view these recent market developments as just a normal occurence on crypto markets inherent volatility.
Nothing to worry about and there is no need to panic.
Nothing to worry about and there is no need to panic.
You'll lose your money if move according to the trend, it's always better
to observe and keep your your assets being safe.
Those who factors needs to analyze, whales are moving in the different directions
and trying to distract weak traders.
Always have a good plan and don't forget doing your own research and assessments
before dealing to this market.
Can we really say this is bearish now? Don't get me wrong I have seen the fall and I agree that was bad for the price but can we call it bearish right away? We just went down about 15% and we stayed there, didn't went down any more, at what point do we call a fall a bear or not? I personally wouldn't want to say that it was a bearish fall, I could say that it was a bad fall, even a correction but I wouldn't call it bear.
As far as I know, bearish market is a downtrend around 20%, so technically we are not as we didn't everything that price to go that low.From top to bottom ($12,486 to $9,813 Coinbase) BTC fell 21.4%.
The weekly bearish engulfing is reminiscent of the September 2019 drop.......and also February 2020.
No, that doesn't mean the market is headed to the $3,000s again, but it certainly isn't bullish. I see more downward pressure on the horizon.
Nevertheless, such rapid indicators of price decline occurred not only in the cryptocurrency market, but the same trend followed in the stock market. A lot of reasons were voiced regarding the current situation, but no one specifically and precisely spoke out. But the fact that bitcoins did not fall below 10,000 and maintains this level for a long period, it can be assumed that this level will be a new starting point, followed by the accumulation of Bitcoin at a low price.
Can we really say this is bearish now? Don't get me wrong I have seen the fall and I agree that was bad for the price but can we call it bearish right away? We just went down about 15% and we stayed there, didn't went down any more, at what point do we call a fall a bear or not? I personally wouldn't want to say that it was a bearish fall, I could say that it was a bad fall, even a correction but I wouldn't call it bear.
As far as I know, bearish market is a downtrend around 20%, so technically we are not as we didn't everything that price to go that low.Of course point of view changes from person to person, I got in a lot lower so this wasn't bad for me, but some person who got in at $11.5k or so saw this and they could call it bear unlike me. Which means bear could change from person to person, one persons bear could be another person's correction. At least that is what I think when it is such a small drop.
This kind of drop is really advantageous, person to person, others get in around $10k, but for some they still waited for at least to drop significantly, around $9k, but it didn't happen as we have bounce back again, $10300 and still going up. 
Can we really say this is bearish now? Don't get me wrong I have seen the fall and I agree that was bad for the price but can we call it bearish right away? We just went down about 15% and we stayed there, didn't went down any more, at what point do we call a fall a bear or not? I personally wouldn't want to say that it was a bearish fall, I could say that it was a bad fall, even a correction but I wouldn't call it bear.
Of course point of view changes from person to person, I got in a lot lower so this wasn't bad for me, but some person who got in at $11.5k or so saw this and they could call it bear unlike me. Which means bear could change from person to person, one persons bear could be another person's correction. At least that is what I think when it is such a small drop.
Of course point of view changes from person to person, I got in a lot lower so this wasn't bad for me, but some person who got in at $11.5k or so saw this and they could call it bear unlike me. Which means bear could change from person to person, one persons bear could be another person's correction. At least that is what I think when it is such a small drop.
Is btc at its lowest right now or it will still fall near to $9k?
if you see , btc is confused again . the price go up and down in like every single minute so theres a posibility that itl fall more and its not the lowest btc can achieve yet . Whales are locking heavily on $9k. What are ur views on it?
thats also what i think about . i thought im the only one who notice that ? no matter how up and down btc do , its value still stay or return on this level . im starting to think that whales are at it again but i dont know if whats thier plan . is this a bait or what ? that they give people a small window to enter . Depend on your intention, if you have money and you will buy bitcoin for short term investment I don't think its at a lower price, it could decrease more than it. But if you have intention and you will buy bitcoin for long term investment now its at the lower price since as we all know its all time high was $20.000 at 2017 ago.
That's right it depends whether op goal is for short or long term. If for long term he can enter at this current price, and it for the rise of bitcoin. Many users are waiting for the bull run to occur and no one knows when it will increase. Let's observe bitcoin if what price it will heading to. Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
It's really hard to tell what happened this month is really surprising, everybody was caught unprepared and there are a lot of speculations on the cause of the dump in the first week until they've all traced it and there's a big possibility that it will happen again, your $9000 theory is also possible because there's not many buying support that's happening these past two weeks.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
It's really hard to tell what happened this month is really surprising, everybody was caught unprepared and there are a lot of speculations on the cause of the dump in the first week until they've all traced it and there's a big possibility that it will happen again, your $9000 theory is also possible because there's not many buying support that's happening these past two weeks.
Depend on your intention, if you have money and you will buy bitcoin for short term investment I don't think its at a lower price, it could decrease more than it. But if you have intention and you will buy bitcoin for long term investment now its at the lower price since as we all know its all time high was $20.000 at 2017 ago.
Most of us here cannot just say when the dump ends or start, all we do is study the market trend, listen to updates and make predictions,many of us were surprised to see the great dump after the last 2weeks pump, many traders have started promising their customers what is beyond them and are now having their arm folded. its just like the world economy trends, a lot of factors determine the rise and fall, who planned this year economy to be this distorted? What we do is watch prayerfully and do the needed at every opportunity.
A return to the 8k level will probably happen in the near future because until now the decline is still happening but still, the price will continue to fluctuate until it finally hits its lowest point at the 7k level. I think that's the worst case scenario, because even if the decline will continue it won't really return to its 4k low and definitely the end of the year will be the point where the market will be bullish or even continue to crash.
Though fluctuation is normal in bitcoin, some of us are still looking for an answer on why this is happening. They want an expert's prediction for the next movement of the price but we cant predict that for sure accurately. We can only wait and use the chance to buy more, better to think positively rather than stressing yourself on the price of bitcoin. ~snip~
That's what I'm seeing for now since the market is bit in red and that's totally create panic to the people right now so we need to act good since if we dump at lose for sure it will be a total mess for us. And I'm still positive regarding on current happenings that we can still see some nice pumps since I believe the effect of halving and its potential hasn't reached yet.
I hope people out there will not panic because the price reaches the $9k level. I still hope to see bitcoin price will get another pump soon because we are now seeing bitcoin price back to $10k, so that can be a good sign for bitcoin price to reach the other highest price. The bearish trend will over, and the bullish trend will come, so that can trigger the price to break the new ATH. I hope that we still have the patient see the new ATH coming, and I think we will not wait for a long time to see the new ATH.
^ I will disagree with this vision since bitcoin did not touch $9k in the market so far and I am very optimistic about the price and I believed that this will bounce back and not beyond $10k in the market. I don't see any negative news that probably will affect the market price or event, only whale here who play the market. The only we can defeat them is to hold and never do panic selling. This is just a small correction and whale has no power to lower down the price, I may not have indicators on my prediction but that is my perception.
Please tell me what had whales to do with the old Mt Gox and many other exchange hacks? What had whales to do with scams and loots that shook us all? Still, we saw immense effects of those things on the markets. That's because of FUD and FUD will never leave us, which is why I believe that there's so much FUD in the markets that we can't help it out and whales, if they want to take the price even to $100, they can do it due to the fact that they've got very big stash and our BTC are just droplet-sized against them. We can't get united because till we unite, these whales will just end the game for us.
I thought that I'm just the only one who see that the price will go on the $8800 levels, it's not that I wanted to see the price go that low. Ok, I "wish", it will go that levels because that's the price that I wanted to see and enter the market again.
$10k support has obviously been broken in the last couple of hours. Again it is strong when traders are defending it, however, in the last 3-4 days, every resistance levels has been broken already. So I wouldn't be surprised if $9500 can't be sustained because there's a lot of selling going on.
$10k support has obviously been broken in the last couple of hours. Again it is strong when traders are defending it, however, in the last 3-4 days, every resistance levels has been broken already. So I wouldn't be surprised if $9500 can't be sustained because there's a lot of selling going on.
I've got a lot of reasons here to say that it'll probably break down below $9k and will definitely reach near $8700 as whenever we are reaching $10k (had always been an extremely crucial support area), sellers pull it back under that level and keep it near 9800-9950 areas. I don't think we are going to fly again for a few months guys, roam with your BTC in alts as probably, BTC will be going sideways for some weeks (probably months).
I see 8700 coming because many technicals and fundamentals are showing that either a wick or slow way downturn is coming for BTC. This is not a fortune-telling tale nor did I hear from any whale, but I saw some facts and consider this to be the very possible scenario in the upcoming days (I hope I may be wrong but if not, many longs are going to get liquidated). Those who think 10k has a support, please clearly check that level and see how easily it gets broken down every single time it's reached after BTC tries to recover.
I thought that I'm just the only one who see that the price will go on the $8800 levels, it's not that I wanted to see the price go that low. Ok, I "wish", it will go that levels because that's the price that I wanted to see and enter the market again.
$10k support has obviously been broken in the last couple of hours. Again it is strong when traders are defending it, however, in the last 3-4 days, every resistance levels has been broken already. So I wouldn't be surprised if $9500 can't be sustained because there's a lot of selling going on.
A return to the 8k level will probably happen in the near future because until now the decline is still happening but still, the price will continue to fluctuate until it finally hits its lowest point at the 7k level. I think that's the worst case scenario, because even if the decline will continue it won't really return to its 4k low and definitely the end of the year will be the point where the market will be bullish or even continue to crash.
I see 8700 coming because many technicals and fundamentals are showing that either a wick or slow way downturn is coming for BTC. This is not a fortune-telling tale nor did I hear from any whale, but I saw some facts and consider this to be the very possible scenario in the upcoming days (I hope I may be wrong but if not, many longs are going to get liquidated). Those who think 10k has a support, please clearly check that level and see how easily it gets broken down every single time it's reached after BTC tries to recover.
^ I will disagree with this vision since bitcoin did not touch $9k in the market so far and I am very optimistic about the price and I believed that this will bounce back and not beyond $10k in the market. I don't see any negative news that probably will affect the market price or event, only whale here who play the market. The only we can defeat them is to hold and never do panic selling. This is just a small correction and whale has no power to lower down the price, I may not have indicators on my prediction but that is my perception.
I see 8700 coming because many technicals and fundamentals are showing that either a wick or slow way downturn is coming for BTC. This is not a fortune-telling tale nor did I hear from any whale, but I saw some facts and consider this to be the very possible scenario in the upcoming days (I hope I may be wrong but if not, many longs are going to get liquidated). Those who think 10k has a support, please clearly check that level and see how easily it gets broken down every single time it's reached after BTC tries to recover.
Don't ever believe those fortune tellers because it only disappoints you.
Right, unfortunately, there are a lot of crypto investors who believe this so called experts.
Forget about bearish or bullish trends. It is all been possible but we can neither tell which one. I'd never seen that we are already going back to $9k, the market seems so healthy this time that is why it never bothered me to think about it even of seeing a few dumps. What I see this is a normal scenario and this is just for now since most investors are investing altcoins due to Defi hypes and soon it backs to normal.
We have a support at $10k right now, but obviously, if this collapses then we can go back to $9k. But still it doesn't mean that we are entering a bearish trend. This is just the cycles of bitcoin. And we shouldn't be disappointed. As far as Defi hype goes, smart investors will invest on them, but will withdraw and then move back to bitcoin. That's the case in the 2017 bull run and will still be the case when we goes on a full bull run next year.
Don't ever believe those fortune tellers because it only disappoints you.
Forget about bearish or bullish trends. It is all been possible but we can neither tell which one. I'd never seen that we are already going back to $9k, the market seems so healthy this time that is why it never bothered me to think about it even of seeing a few dumps. What I see this is a normal scenario and this is just for now since most investors are investing altcoins due to Defi hypes and soon it backs to normal.
Forget about bearish or bullish trends. It is all been possible but we can neither tell which one. I'd never seen that we are already going back to $9k, the market seems so healthy this time that is why it never bothered me to think about it even of seeing a few dumps. What I see this is a normal scenario and this is just for now since most investors are investing altcoins due to Defi hypes and soon it backs to normal.
From my point of view I think the month of September to October will be the accumulation phase. I just looked on the past 2017 chart here https://www.marketwatch.com/amp/story/heres-what-bitcoins-monster-2017-gain-looks-like-in-one-humongous-chart-2017-12-06 and I noticed that there's a drop as well there on the August and September area.
Most likely history will repeat itself this time but who we are we're just merely speculators but somehow we can depend on the charts. I don't think we really are on bear market in the long run but a possible bull run is coming.
Most likely history will repeat itself this time but who we are we're just merely speculators but somehow we can depend on the charts. I don't think we really are on bear market in the long run but a possible bull run is coming.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
I don't think it will hit below $ 9k, there is no time to play at that price, so look at it in the next few days to get support for the weekly trend continuing the previous rally, buying cheap bitcoins from now on is the right time, we are not entirely in a bear marketWhales are locking heavily on $9k. What are ur views on it?
agree on this one, this seems to be a temporary down, but one should be cautious with investment all the time, and look through all possible scenarios in the near and long term, and although this seems as temporary, it could prolong to dips from this point
would wait on the sidelines for new buy orders, but will not exit positions, mostly looking for long-term, not that interested in day trading
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
I expect price to fall to $9,833 for today. This I see from my chart on a short term. The bears are still in control too for a long term. But now you can aim for $9,833.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
I don't think it will hit below $ 9k, there is no time to play at that price, so look at it in the next few days to get support for the weekly trend continuing the previous rally, buying cheap bitcoins from now on is the right time, we are not entirely in a bear market Whales are locking heavily on $9k. What are ur views on it?
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
I am afraid we are still in the bearish trend right now because bitcoin price still at a low price, and we are still at $10,200. Bitcoin price itself is still trying to search for a good time to increase and back to the high price but seems, and we need to have more patients to see that will happen. But I am sure that the bitcoin price will increase again. Although we don't know when bitcoin price can be back to the high price, we can still use this time to buy more bitcoin because we might not see this price in the future.
But we should not worry about seeing these situations because it will not stay for the long term, and the price will start the rally again. We only need to prepare ourselves before the price start rally, so we can sell bitcoin at the price we want.
That's what I'm seeing for now since the market is bit in red and that's totally create panic to the people right now so we need to act good since if we dump at lose for sure it will be a total mess for us. And I'm still positive regarding on current happenings that we can still see some nice pumps since I believe the effect of halving and its potential hasn't reached yet.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
I am afraid we are still in the bearish trend right now because bitcoin price still at a low price, and we are still at $10,200. Bitcoin price itself is still trying to search for a good time to increase and back to the high price but seems, and we need to have more patients to see that will happen. But I am sure that the bitcoin price will increase again. Although we don't know when bitcoin price can be back to the high price, we can still use this time to buy more bitcoin because we might not see this price in the future.
But we should not worry about seeing these situations because it will not stay for the long term, and the price will start the rally again. We only need to prepare ourselves before the price start rally, so we can sell bitcoin at the price we want.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
You cant find someone on this forum would tell you the precise thing.All of us are just speculators when it comes to price movement.It may or may not go down in 9k but to consider that we did go below 10k Whales are locking heavily on $9k. What are ur views on it?
but lets hope that it wont really go down and be stagnant again for several months but well all of these are just presumptions and no one can exactly determine if this one is already the sweet spot to buyback
or would wait up for a little more. Market does really have the correction state and we cant just expect to see greens for long time.
Did we predict what happen in the past? No, because bitcoin is unpredictable, no matter how many experts would say that this is the price that we will see in the x future, please don't believe on them, better make your own prediction especially for short term as bitcoin is more volatile.
Bearish or bullish, it doesn't matter if you are into "HODL", but if you are day trading, every significant movement matters.
So I must say that no one can ascertain if the price will fall to $9k or lower, it's only by your own prediction since you are the one taking the risk.
If you want to see more predictions and suggestion, better look at https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336, it's a very active thread.
Bearish or bullish, it doesn't matter if you are into "HODL", but if you are day trading, every significant movement matters.
So I must say that no one can ascertain if the price will fall to $9k or lower, it's only by your own prediction since you are the one taking the risk.
If you want to see more predictions and suggestion, better look at https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336, it's a very active thread.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
No one has the crystal ball to predict if we should fall near $9k or go up again to $12k. Whales? they have been in the market for so long and I doubt that they can control or locked in heavily on $9k. The market is 24x7, so how would they manage the so called manipulations? They can change the course of the price to favour them, but it will be just on the short term.
There are a lot of smart investors today, more than the rally in 2017, so I have heavy doubts that they can play the market again whatever they wait. And we are not in a bearish trend anymore, the market just had a correction specially after having a huge resistance in the $12k range.
What are ur views on it?
"Up and down and up and down."
Zoom out, look at the big picture and stop panicking for nothing.
Or, if this roller coaster is not your game, just sell and forget about Bitcoin.
We have to know that the market cannot determine whoever predicts it, which obviously talks a lot that the whales are all controlling it but on the other hand I believe the bear market is already at this time because yesterday's pumping was quite long.
Just be fearful when others are greedy, and greedy when others are fearful, as Buffet said.
Unless everybody knows this quote and follows it lol
I am long term holder but a dip to low levels would be welcome.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
You're new here, but from other replies you can probably see the general picture.Whales are locking heavily on $9k. What are ur views on it?
1. Price prediction is merely a speculation, so it might turn out to be right or wrong, but nobody's word is expert opinion when it comes to the price of Bitcoin.
2. If you are a long-term hodler, you should not care about these price fluctuations at all.
3. If you are a trader, you should not care about the general trend, but rather attempt to benefit from whatever fluctuations are happening.
All in all, whether Bitcoin will fall to $9k or go above $10k in the near future does not matter and cannot be reasonably predicted. You can reasonably predict that Bitcoin won't be worth $7k or $15k tomorrow, but plus-minus 15% is just a typical fluctuation and I don't think it's predictable.
Is btc at its lowest right now
Check the year chart. March is still the lowest.it will still fall near to $9k?
It just fell and touched $9980.Whales are locking heavily on $9k. What are ur views on it?
Not that much view or opinion on it. Let's get used to the market and bitcoin's nature of being volatile.
Crypto traders and holders would view these recent market developments as just a normal occurence on crypto markets inherent volatility.
Nothing to worry about and there is no need to panic.
Nothing to worry about and there is no need to panic.
What are ur views on it?
"Up and down and up and down."
Zoom out, look at the big picture and stop panicking for nothing.
Or, if this roller coaster is not your game, just sell and forget about Bitcoin.
I am not sure if should I report this post as a zero value post. Such as questions isn't worth much, because we don't know exactly where the bitcoin price will stop. But we can say it will never stop, either it would rise or drop. You have to take your own decision if you want to buy or sell. Its true whales have been keeping major role during pump dump, but not always. They manipulate price when they need it since we don't know when it would happen, so we have to do our own diligence.
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
Okay so you mean that they’re making $9k as support level by setting that amount as buy zones? Right now, it’s still hanging on above $10k. Just like what I told newbies and beginners, the cryptocurrency market is highly unpredictable and volatile.
Could you show something on where whales are locking on the $9k price? Thanks!
Just be fearful when others are greedy, and greedy when others are fearful, as Buffet said.
Is btc at its lowest right now or it will still fall near to $9k?
Hard to answer that, if I know I would be really rich already. just trust your instinct, based on your research and analysis, what do you think, will it dump or will stay and $10,000 and will rise?
Whales are locking heavily on $9k. What are ur views on it?
Whales are wearing their fur coats in this bear market. They have their speedos on underneath in preparation for the imminent spring.
I suggest asking your local fortune teller if you want to accurately know how bitcoin's price will move.
Whales are locking heavily on $9k. What are ur views on it?
Don't care. If it goes up, great, increased net worth for the hodlers. If it goes down, great, more buying opportunities for us who don't care about bitcoin's short-term price. 
Is btc at its lowest right now or it will still fall near to $9k?
Whales are locking heavily on $9k. What are ur views on it?
Whales are locking heavily on $9k. What are ur views on it?
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