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Topic: bitcoin is going down - it will stop at 7600 BTC/USD or 4700 level. Vote! - page 3. (Read 576 times)

newbie
Activity: 1
Merit: 0
People investing for a long time do not seem to be panicked. But watching the value go down is painful.
jr. member
Activity: 112
Merit: 6
$2K is more likely

I believe that If the price goes below $4700 then the next level of support is not $2000, but about $1520 (2x times dipper than the first down impulse from 20k to 10 900)
newbie
Activity: 129
Merit: 0
You're taking a huge loss when selling. You should sell when price is high.
member
Activity: 273
Merit: 18
jr. member
Activity: 112
Merit: 6
jr. member
Activity: 112
Merit: 6
well im in the uk and see a drop of £1500 today to £5500

GBP, EUR, AUD, etc. no matter - all they are counted to USD prior to being counted to BTC (and visa verse) in the long-term view.
newbie
Activity: 27
Merit: 0
well im in the uk and see a drop of £1500 today to £5500
jr. member
Activity: 112
Merit: 6
I voted the lowest option because I am convinced that there is an evil design to try to lower the price and speculate.

It's a bloodbath at the moment, with a clear intention to profit afterwards.

Have no fear and hodl.



maybe you are right about an evil design )
full member
Activity: 478
Merit: 113
I voted the lowest option because I am convinced that there is an evil design to try to lower the price and speculate.

It's a bloodbath at the moment, with a clear intention to profit afterwards.

Have no fear and hodl.

copper member
Activity: 13
Merit: 0
jr. member
Activity: 112
Merit: 6
the lower the better for investors like us.

agree  Cheesy   Pls put your vote too + retweet on twitter)
member
Activity: 532
Merit: 15
the lower the better for investors like us.
member
Activity: 266
Merit: 15
The price of 5000 will be good for purchase  Grin
jr. member
Activity: 112
Merit: 6
Hello dear bitcoin BTC lovers)

Here are my projections of the levels when bitcoins downtrend will stop. What is your opinion?
 Participate in the poll HERE or/and on Twitter! Look at the chart: https://twitter.com/Ganzastation/status/959380321333665792 (re-twit for more audience engagement)


+++ to the karma those of you who give me some merit =)



I based my price projection 7600 BTC/USD on 2 theories:

1) We are now seeing the second (correction) wave (counting from the beginning of bitcoin).
2) The usual level when 2nd correction wave stops is 0,382% Fibonacci level (from 0 to 20000 in our case). So this level = about 7600 BTC/USD


But, because the first correction wave from 20 000 to 10 900 was so great, it is also possible that we will see some flat at the level 7600, followed by a slow increase to 10 000, and then we will see the final gap to the level of about 4700 BTC/USD. After that the 3rd great increase wave will be starting that bring the price much more above 20 000 btc/usd.

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