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Topic: Bitcoin to go below 4000$ on Feb 20 (Read 927 times)

hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
March 01, 2018, 12:10:52 AM
So Feb. 20 is passed and BTC didn't go below $4000. Now stop spreading FUD.

When Bitcoin price is kept decreasing there are many people spreading the lot of FUD about the Bitcoin, but their target is not achieved and now the price of Bitcoin is kept increasing in the market. Mostly panic people will spread this FUD and make other to panic about it.
I think this prediction is really wrong. even the bitcoin price is really stable at $ 10,000, and I'm sure it will grow. maybe yesterday's price drop makes people think that bitcoin prices will reach $ 4000, but that's not true.
sr. member
Activity: 994
Merit: 257
February 28, 2018, 11:33:21 PM
It's really funny how FUDs are being busted by bitcoin's true dominance and power in the cryptoworld. What date is it now? I can't also remember bitcoin has dropped to 4,000 or even back to 6,000 last February 20.

If you just look freightjoe posts/threads it is obviously he is completely negative towards BTC.Although it turned out that almost everything he post was wrong and does not have too much with reality,he continues to doing what he does best-spread fear, uncertainty and doubt.

If you know how things works there is not too much damage,but some inexperienced users are probably pulling some wrong moves when they read such titles.There is always a chance for any price,and any prediction/speculation is not problem-but I think that is ridiculous to connect date&price in such a frivolous manner.
These are the real devastating effects of FUD, for those that have been here for a long time and are holders the comments of a person or the articles published in the media hold no weight but for a newbie reading negative predictions seemingly backed by some information may lead them to take action since they do not have the experience and knowledge to understand they are just witnessing some FUD.
member
Activity: 854
Merit: 10
February 28, 2018, 12:41:38 AM
So Feb. 20 is passed and BTC didn't go below $4000. Now stop spreading FUD.

When Bitcoin price is kept decreasing there are many people spreading the lot of FUD about the Bitcoin, but their target is not achieved and now the price of Bitcoin is kept increasing in the market. Mostly panic people will spread this FUD and make other to panic about it.
sr. member
Activity: 2016
Merit: 283
February 27, 2018, 11:10:11 PM
The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....

well another epic predictions on 2018. Haha i think Op is hoping to have another panic selling to get the opportunity to buy in low price which is "$4000"  as he said February 20 it will drop. Whats ? Another fall dip from 9k to 4k?.   Stop making false about bitcoin mate,  and also i suggest to practice more to become a good analyst.  Lol
member
Activity: 126
Merit: 15
HodL!
February 27, 2018, 01:55:05 PM
Technically, BTC reached the upper trend line that was descending and pulled back to the 9499 level which was a previous high during the downtrend. This is a 4hr chart is based of of the GDAX exchange.

It is currently at the upper trend line which is a pivot point, it is either going to break out and up or head back down to another potential support level.

I've mentioned a few weeks ago that the last spike low was a V bottom for 2018. On many of the exchanges, it dipped below the 200 day moving average for a day which is has not been under for most of 2017/2018. The volume around the V bottom was also high, suggesting a capituation 'puke point' for sellers.

Also add in that BTC had the yearly lows in 2015, 16 and 17 in January. This year it was in Feb, the 6th to be exact.

full member
Activity: 980
Merit: 114
February 27, 2018, 01:34:53 PM
This thing did not happen and it only shpws that Bitcoin is really recovering and the continuous crash is already over. STOP spreadi g negativities with Bitcoin. It now already crossed 11000 USD of market value and if the increase will continue it will surely recover fully fom the correction which gave Bitcoin a rough start this year. Tbis s a huge opportunity especially foe the investors to earn huge profit due to the increase.
we should not be following some of this predictions as there have never represent the true positions of things. Op make a post or open a thread without proper explained what is the reason why bitcoin should fall $4,000! However since his prediction did not come to pass there is no need of taking it serious. The bearish market is over and that is the position of things.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
February 27, 2018, 09:48:54 AM
This thing did not happen and it only shpws that Bitcoin is really recovering and the continuous crash is already over. STOP spreadi g negativities with Bitcoin. It now already crossed 11000 USD of market value and if the increase will continue it will surely recover fully fom the correction which gave Bitcoin a rough start this year. Tbis s a huge opportunity especially foe the investors to earn huge profit due to the increase.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
February 27, 2018, 09:38:17 AM
It's really funny how FUDs are being busted by bitcoin's true dominance and power in the cryptoworld. What date is it now? I can't also remember bitcoin has dropped to 4,000 or even back to 6,000 last February 20.

If you just look freightjoe posts/threads it is obviously he is completely negative towards BTC.Although it turned out that almost everything he post was wrong and does not have too much with reality,he continues to doing what he does best-spread fear, uncertainty and doubt.

If you know how things works there is not too much damage,but some inexperienced users are probably pulling some wrong moves when they read such titles.There is always a chance for any price,and any prediction/speculation is not problem-but I think that is ridiculous to connect date&price in such a frivolous manner.
full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
February 27, 2018, 07:39:39 AM
It's really funny how FUDs are being busted by bitcoin's true dominance and power in the cryptoworld. What date is it now? I can't also remember bitcoin has dropped to 4,000 or even back to 6,000 last February 20.
full member
Activity: 588
Merit: 101
February 27, 2018, 05:38:18 AM
The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....






You are already late with this prognosis. I have studied many graphs and charts of BTC and other altcoins and I never found any consequence there.
full member
Activity: 238
Merit: 109
February 27, 2018, 03:18:45 AM
The price of Bitcoin is not likely to drop to $ 4000.Instead, the price will increase.Last week the price dropped to $ 6000.But now it has started to increase.Experts predict that this year the price of bitcoin will increase to $ 40000.

You just got lucky that a small abberration kept you above the trendline longer than the trend indicated. It will get to the 4000 just wait and see
it will not go to 4k mate investors will never let that happen everyone want to see rise and that's why people are investing more and more to see profit come earlier and 4k is very lower value so forget it,

And everyone wants to get rich quick - but wishing for something to happen, and then reality actually adhering to it are two very different things.
newbie
Activity: 42
Merit: 0
February 25, 2018, 09:06:08 AM
The price of Bitcoin is not likely to drop to $ 4000.Instead, the price will increase.Last week the price dropped to $ 6000.But now it has started to increase.Experts predict that this year the price of bitcoin will increase to $ 40000.

You just got lucky that a small abberration kept you above the trendline longer than the trend indicated. It will get to the 4000 just wait and see
it will not go to 4k mate investors will never let that happen everyone want to see rise and that's why people are investing more and more to see profit come earlier and 4k is very lower value so forget it,
full member
Activity: 238
Merit: 109
February 25, 2018, 08:09:40 AM
The price of Bitcoin is not likely to drop to $ 4000.Instead, the price will increase.Last week the price dropped to $ 6000.But now it has started to increase.Experts predict that this year the price of bitcoin will increase to $ 40000.

You just got lucky that a small abberration kept you above the trendline longer than the trend indicated. It will get to the 4000 just wait and see
newbie
Activity: 42
Merit: 0
February 24, 2018, 11:44:25 AM
So Feb. 20 is passed and BTC didn't go below $4000. Now stop spreading FUD.
Yeah 20 February is gone and prices are above 10k this was a false speculation to create more panic among the investor to cause more decline in prices but now investors are mature enough to see the lie behind it,
sr. member
Activity: 364
Merit: 250
February 23, 2018, 04:10:04 AM
So Feb. 20 is passed and BTC didn't go below $4000. Now stop spreading FUD.
full member
Activity: 313
Merit: 100
February 23, 2018, 03:21:25 AM
The price of Bitcoin is not likely to drop to $ 4000.Instead, the price will increase.Last week the price dropped to $ 6000.But now it has started to increase.Experts predict that this year the price of bitcoin will increase to $ 40000.
He is busy dreaming I guess. He must be hiding somewhere now being so ashamed of himself. That could be his wish though, and we cannot blame him for that., Everyone sure do have something they wish for, and if $6000 was not good enough for him, and ends up wanting more, then I wonder what can ever be good for him even when he manages to see what he wants.
member
Activity: 332
Merit: 12
February 23, 2018, 02:58:56 AM
Technical analysis is not advisable to bitcoin. Bitcoin is up today and so on. If you trying to keep reading those technicals you'll be lose big. Fundamentals are way more good than technicals, Remember governments are banning bitcoin some are regulating it so there's a good and fud spreading online, better keep an eye on it.
How on earth will anyone even call that a technical analysis. That is like the most bullshit analysis I have ever seen, and even calling that an analysis makes it even sound nice. It is more like a nursery school kid plotting some graph and making some bullshit conclusion on the graph. I am sure he is just one of those guys who still want bitcoin to go down further and then feel his post can still hit some targets of newbies who know nothing.
sr. member
Activity: 994
Merit: 257
February 22, 2018, 08:31:06 PM
The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....
It seems you got your prediction wrong, which is nothing to be embarrassed since I get my predictions wrong all the time as well, but it seems your mistake was creating a prediction that was simply to negative, right now the market is not in the best shape and the price is going down again but I do not think we are ever going to touch 4k again and if that is the case I will buy all the bitcoin I can for that price.
sr. member
Activity: 686
Merit: 260
February 22, 2018, 08:18:21 PM
We are already at the 23rd of February and obviously, it did not! In fact, it did have an increase right now. Little by little, and sooner bitcoi will once again move ahead beyond what other coins have reached now. I am very confident that bitcoin will not decrease beyond 4000 USD this year because even those big and rich companies invest in this.
hero member
Activity: 1246
Merit: 529
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February 22, 2018, 11:42:47 AM
I don't think bitcoin can go deeper as $4000, maybe it will stabilize in this value for quite sometime and will recover somewhere in the 2nd quarter of this year. I think after tHe Chinese New Year bitcoin value will start to recover. Let's all be positive for bitcoin because the negative we think about it can affects the decision of some who wants to invest in bitcoin.
In fact, everything that the OP has mentioned is just plain junk and nothing else. This may happen but what is the point. The market is showing a bullish pattern and even if it ends up not being bullish, who cares? The fact remains that the long term of it is what matters and all his theories are just more like a nursery school analysis which does not really make a single sense at all.

Well not everyone of us are looking long term here but yeah, though i believe there will still be major corrections like the one to start this year, 4k is way below us now. Be probably hit the bottom already this year when we bounced just below 6k
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