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Topic: Bitcoin market has already hit bottom for 2018 (Read 1862 times)

hero member
Activity: 2744
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September 19, 2018, 01:58:35 AM

After many months we still can’t predict the bottom because from the time you posted this still value of bitcoin has twice drops to $5000 level again so saying the bottom had reached are far from reality.i believe that we may drop to $4000 level first to start pumping again
member
Activity: 262
Merit: 10
Over the past 8 months, bitcoin has suffered an all time low 3 times if i remember it well when it hit an all time low of 5,000+. I am glad i have invested on one of the occasions that it hits 5,000 mark and i am happily holding it now with hopes that it will rise again this coming December.
  Its good to be an optimism mate, even the current prices are declining still we have to hold our coins for the bright and secured profits when the stability of the market will occur . And I believe bull run will appear before this year end, but we have to widen our patience and be positive for the fast progression of the market.
full member
Activity: 434
Merit: 100
Over the past 8 months, bitcoin has suffered an all time low 3 times if i remember it well when it hit an all time low of 5,000+. I am glad i have invested on one of the occasions that it hits 5,000 mark and i am happily holding it now with hopes that it will rise again this coming December.
sr. member
Activity: 719
Merit: 250
Even though in 2018 this is a low point even now it is getting lower, I still am still eager to wait because the change will definitely occur it will not stop at this low point onwards, the market always fluctuates so I keep calm because surely every year there must be a pair receding prices, and maybe in the next year there will be a reversal of the current low point and prices will soar to high profits ready to be obtained
Patience is the best thing to do at this very point. No one can say exactly that this is the bottom for 2018 as the price is really struggling. So we can hold rather to be in panic sell because of the strong fluctuations of the price.
newbie
Activity: 129
Merit: 0
Even though in 2018 this is a low point even now it is getting lower, I still am still eager to wait because the change will definitely occur it will not stop at this low point onwards, the market always fluctuates so I keep calm because surely every year there must be a pair receding prices, and maybe in the next year there will be a reversal of the current low point and prices will soar to high profits ready to be obtained
sr. member
Activity: 840
Merit: 254
yes, I think bitcoin has reached its lowest point some time ago but I think bitcoin is back pumping even though slowly and probably will skyrocket again like last year which experienced a pretty good increase
It is useless to expect the market to do exactly the same that it did the previous year, I know that everyone wants that to happen again, but I really do not see the market being ready for another bull run like that, so the best thing that you can do right now is to protect yourself and not sell your coins for such a low price, if you do that and you can wait until the market recovers then it's likely that we will reach a new all time high and at that moment you can sell if that is what you want.
legendary
Activity: 3052
Merit: 1188
I have been saying this for 3-4 months now. Anything lower than $5.8k is unlikely at this point, it can still go down a wee bit but it won't for a big drop.

We already hit the dip and now we are either going to go up or we are going to swing small amounts for a long time like back in 2013-2014 times and wait until a next big rush happens, without that we are not going to get a decent return or we are not going to see a big drop neither. We better get used to these prices because it looks like it is here to stay and not going anywhere anything soon. The price of bitcoin seems stable for now and standing there all comfy.

Moreover, I just have another concern over OP's statement. Yes, bottom for 2018 means, will we have another deeper bottom in 2019  or how we can be sure about market will turn to up trend in 2018 itself. Anyway, I just conclude like the bottom for current down market might have already achieved and we are into consolidating period before getting into another rally toward a new all time higher price levels for bitcoins.
legendary
Activity: 2912
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the thread was opened at the 19th of April. And today the price is lower than that date. this means it is not easy to predict the dip of the BTC price. Altcoins are even worse than BTC. And I hope 6k is the dip.
You never know. this market has low liquidity.

Of course, no one can't know for sure. Market could change very quickly and price is defined and redefined all the time according to demand and supply and outside influence.
Besides, the year is not over yet and anything is still possible including further dump. Hope this will not happen but to sustain from predictions about the lowest and highest price benchmark would be advisable.
sr. member
Activity: 854
Merit: 267
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Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?

Well, it startled me be it doesn't bother me at all because I know that it will rise again. In case panicking it is better to be calm and think some strategies to turn it into a positive one like buy and hold it for a long time. We cannot predict this one hence, we should expect for unexpected phenomenon.
sr. member
Activity: 994
Merit: 391
the thread was opened at the 19th of April. And today the price is lower than that date. this means it is not easy to predict the dip of the BTC price. Altcoins are even worse than BTC. And I hope 6k is the dip.
You never know. this market has low liquidity.
jr. member
Activity: 140
Merit: 1
The cryptocurrency never has a bottom. When the cryptocurrency starts to fall, all the data and reference answers will have no effect!
full member
Activity: 476
Merit: 100
I think the price of bitcoin in 2018 hasn't reached the lowest price, it's also because the journey of bitcoin prices hasn't arrived at the end of the year so no one will know that bitcoin prices can fall even deeper or can't fall again.
full member
Activity: 378
Merit: 100
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The IMF have put out a new report which is much more positive towards crypto than it was before. This is great news and encourages widespread adoption. It could mean that yes, we have hit the lowest point for BTC for 2018

I also believe that $6k dollars is already the bottom since everyone is just waiting fro the immediate pump up just like what happened last december before the year ends.
full member
Activity: 324
Merit: 100
It seems to me, the bottom was seen already. Now the market is swinging to start the highest jump. Guys, please, do not get rid of your cryptocurrency!
I agree, you can not get rid of, everything is only in front, there will be a holiday on our street)))
yes perhaps now the mood of decline - as it may seem, but I'm sure that everything is only in front
full member
Activity: 324
Merit: 100
Many analysts, for example, predictions - analysis last year at the beginning of the year, too, no one believed that it would be $ 10,000 and eventually made $ 20,000. so this year predict a minimum of $ 25,000.
millions and millions of people know what Bitcoin is, they know what crypt is, many dream to invest, many already invest, now it's only time
full member
Activity: 324
Merit: 100
millions and millions of people know what Bitcoin is, they know what crypt is, many dream to invest, many already invest, now it's only time
full member
Activity: 324
Merit: 100
Yes, I also agree everything is just beginning, people are slowly getting used to that crypto-currency is already part of the world - a new economy.
jr. member
Activity: 51
Merit: 1
yes, I think bitcoin has reached its lowest point some time ago but I think bitcoin is back pumping even though slowly and probably will skyrocket again like last year which experienced a pretty good increase
full member
Activity: 294
Merit: 100
It seems to me, the bottom was seen already. Now the market is swinging to start the highest jump. Guys, please, do not get rid of your cryptocurrency!
I agree, you can not get rid of, everything is only in front, there will be a holiday on our street)))
Who wants to get rid of bitcoin, that would be his losses. The market needs new investors and loyal investors to bring new momentum in the future. Who does not calm will not be able to succeed in this market.
full member
Activity: 350
Merit: 100
It seems to me, the bottom was seen already. Now the market is swinging to start the highest jump. Guys, please, do not get rid of your cryptocurrency!
I agree, you can not get rid of, everything is only in front, there will be a holiday on our street)))
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