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Topic: Bitcoin Price Plunge to $3,700 Expected, Say Traders - page 3. (Read 629 times)

legendary
Activity: 3808
Merit: 1723
I think we will EITHER go up from here to $4200, break it and head into the $4500-6000 area. Which means that we are at the bottom pivot right now.

Or we end up going lower and retesting the $3100 or 200WMA area.

Looking at the weekly chart shows that since Dec 2017, Bitcoin hasn't been able to close above a weekly candle pivot. So the $4200 is the real test.
legendary
Activity: 1652
Merit: 1483
a $200 dip is considered a "plunge" now? Roll Eyes

but yeah, this might end up bart topping. if i weren't already long from lower, i'd look for a ~61.8% ish retrace of the 2/18 rally to get in. it would be a dip buying opportunity IMO. this rally still has legs.
legendary
Activity: 2968
Merit: 3684
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- Expect plunge to a new low for 2019, if not one even lower than 2018's low. This has been the expectation for a while now, get on with the programme;)
- The longer this "bear", the better. It's already a blessing for anyone who missed out on pre 2017 bull, like yours truly.
- Still too many bulls not yet consigned to defeat. That's always a big sign it ain't over and we're still in the woods with the bears.
sr. member
Activity: 924
Merit: 260
Bitcoin price almost reached the $4000 level according to coinmarketcap $3,997.42 USD (1.19%) but we are not yet on a bull run and the price is expected to go down again but there is a blessing attached on it


https://www.ccn.com/bitcoin-price-fall-3700-good-for-crypto

What are your thoughts?



For the past three days bitcoin has tried to break $4000 arear but it seemed very difficult and that means it is going to fall back a little towards $3700 in other to gather momentum for next bull run.  However it seems the long bearish market is about to be over.
hero member
Activity: 3164
Merit: 937
Bitcoin price almost reached the $4000 level according to coinmarketcap $3,997.42 USD (1.19%) but we are not yet on a bull run and the price is expected to go down again but there is a blessing attached on it


https://www.ccn.com/bitcoin-price-fall-3700-good-for-crypto

What are your thoughts?




I was expecting that bull trap.It's funny to see how many optimistic bullish posts appeared on the forum during the last 2 days.All the noobs posting "the price is going up,are we goona see an ATH soon"... Grin
John McAfee went out of his rabbit hole to make some ridiculious predictions again. Grin
It's all over,let's keep waiting and HODLing...
legendary
Activity: 3108
Merit: 1290
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The uptrend has stopped and we might see a pull back soon, I'm hoping it will recover gain.
I'm more unto long term trade so I'm expect a bigger price, of course bigger than $4200 based on the prediction.
If the trend will continue it's all good for us, I haven't see this kind of great volume for awhile, once we crossed over $4000, a real run will start.

Bitcoin price almost reached the $4000 level according to coinmarketcap $3,997.42 USD (1.19%) but we are not yet on a bull run and the price is expected to go down again but there is a blessing attached on it


https://www.ccn.com/bitcoin-price-fall-3700-good-for-crypto

What are your thoughts?



legendary
Activity: 1946
Merit: 1137
the terminology that these shitty news sites such as ccn use are so funny sometimes Cheesy

"plunge" to $3700. and the even funnier part is that this kind of drop is not even considered a "plunge" in any other market. if you for example tell some expert stock trader that some asset "plunged" 1-2% they will laugh their asses off, and if you tell them it was bitcoin they will probably die of laughter since we don't even consider 10% a "plunge" let alone a tiny 1-2% drop.
sr. member
Activity: 2044
Merit: 314
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Bitcoin price almost reached the $4000 level according to coinmarketcap $3,997.42 USD (1.19%) but we are not yet on a bull run and the price is expected to go down again but there is a blessing attached on it


https://www.ccn.com/bitcoin-price-fall-3700-good-for-crypto

What are your thoughts?



Its hard to tell the possible trend but I think we already hit $4000, a little short to break that wall but I think there will be no more dump as we are growing everyday. Bitcoin price will become more expensive again, its time to wake up the bulls. Just hold for now, and don’t panic if there’s a dump because you will just lose money and the opportunity to earn.
full member
Activity: 1092
Merit: 117
No one really knows what's going to happen and those you probably know are never going to share that information. There are dozens of traders and each one of them has a different speculation so the odds are even.Price could go either up or down anytime and we can't do anything to change that so we just have to wait and see. Anyway, for me one thing is certain. I think this year bull run will start and the price will at least double in the next month.
full member
Activity: 714
Merit: 100
Traders are repeating this because they want it to happen and want to increase their chances. When you know something will happen and nobody else knows you keep it to yourself to make money on it. When you know it won't happen without the masses participating you try to make them participate.

yes it does help actually  . sharing your thoughts to others can also make them more interested and attracted towards investing on cryptos . now if the info have spread across different forums or on any other social media sites  , that can probably cause a massive pump in the price and that is a good thing because your efforts arent wasted  but keep in mind that the pump couldnt last forever as cryptos will always tend to fluctuate from time to time  .
hero member
Activity: 2184
Merit: 531
Traders are repeating this because they want it to happen and want to increase their chances. When you know something will happen and nobody else knows you keep it to yourself to make money on it. When you know it won't happen without the masses participating you try to make them participate.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
What are your thoughts?

It's always like this, there's a lot of speculation last year that it will grow up but nothing happens. My advice is to chill out and wait for the bump, solve it using standard deviation for you to know that it will grow up. Spreading this kind of article/news is non-sense 'cause some of it are not accurate.
legendary
Activity: 3416
Merit: 1225
Bitcoin price almost reached the $4000 level according to coinmarketcap $3,997.42 USD (1.19%) but we are not yet on a bull run and the price is expected to go down again but there is a blessing attached on it


https://www.ccn.com/bitcoin-price-fall-3700-good-for-crypto

What are your thoughts?


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