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Topic: Bottom For Bitcoin? (Read 936 times)

sr. member
Activity: 2226
Merit: 270
Chainjoes.com
September 08, 2022, 06:53:01 AM
Most of my trusted crypto analysts predicts 10-13k bottom, sometimes it might take months to see such predictions come to pass but it will. Most buy orders is said to be in that range and nothing seem to be keeping the present price there, so it is likely going to drop. Just a bad news could help it, we have seen several cases like that. The psychology of the market especially with the traders is very important and their are good experts that understand this.
sr. member
Activity: 1680
Merit: 278
September 08, 2022, 06:35:05 AM
This is one question that nobody can answer. Crypto market is extremely volatile. In such scenarios, you should check whether you can take a risk or not and invest accordingly.
The best thing we can do for ourselves now is to keep investing no matter what the market does. Since there is time for everything, we need to keep buying Bitcoin and other altcoins that we like or see good reasons to invest in.

No body know when the market will finally go bull and we are now left with the option of buying and keep buying if the fund is available. I see those who does not know how the market moves keep complaining of loses or whether to wait more for the price of Bitcoin to fall before buying.

The pro traders know how this things work and they can even confuse us to sell so the price can go down more which could be an opportunity for them to keep buying the dip.
newbie
Activity: 39
Merit: 0
September 08, 2022, 05:13:49 AM
This is one question that nobody can answer. Crypto market is extremely volatile. In such scenarios, you should check whether you can take a risk or not and invest accordingly.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
August 29, 2022, 02:29:10 PM
It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.
If i'm not predicting it wrong. By the end of year bitcoin will hit its bottom and will start recovery in 2023.

Analysts sucks they put you in FOMO And FEAR hence dont believe them... Do hold your bitcoins if you believe in it

For now possibly we will go to upwards and then down dont knew how down it will be but mtgox FUD still hangs over the head.
I do agree that "experts" do not really considered to be some people who are doing it for the right reasons, they are doing to either get clicks or get attention and nothing more. Which is why I don't think that we should be expecting them to give real and valuable suggestions that will turn out to be true.

Of course, some of them could be right once in a while, I can say that in September the price would go up to 25k or more, and if it doesn't happen then I am wrong as always, but if I am right, that doesn't mean that you should listen to me forever, next time if I say October will be high again and then it goes down, you listened to me for my success in September (or maybe even didn't but just saw it) and then lost because of October fail.
legendary
Activity: 2576
Merit: 1655
August 29, 2022, 01:03:23 PM
The bottom of Bitcoin is apparently 17500, but according to experts, the month of September has always been bad and no good news is coming out. Bitcoin crash is also due to the upcoming CPI data.  Can also dump Bitcoin and make a new bottom due to MT Gox Token. Bitcoin may come down further in next few days or weeks, chances are also seen.bitcoins Can dump 12k to 16k.

We can only hope for the best this month of September, but as you can see, we go to $19k, but the market rebounded and get back to our support level of $20k. I think the CPI announcement has been price in already. But the Mt. Gox is still going to haunt us maybe till next month.

However, I don't see it dumping to the price that you have protected, for me the lowest low are already in at least for this year, around $17,500. If we will go down that low, we should have seen it already, but we didn't. Again the lowest we got is just $19k.
sr. member
Activity: 1344
Merit: 253
August 29, 2022, 10:32:28 AM
The bottom of Bitcoin is apparently 17500, but according to experts, the month of September has always been bad and no good news is coming out. Bitcoin crash is also due to the upcoming CPI data.  Can also dump Bitcoin and make a new bottom due to MT Gox Token. Bitcoin may come down further in next few days or weeks, chances are also seen.bitcoins Can dump 12k to 16k.
I think if bitcoin can break through the $17k support area, then the bearish possibility will continue, but I think that area will become strong support, and at least there will be a bounce if we look at it from a technical analysis, regardless of fundamentals. Unfortunately the positive news about crypto hasn't arrived yet and this is what makes investors' psychology wait and see for the market to react
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
August 29, 2022, 09:13:39 AM
The bottom of Bitcoin is apparently 17500, but according to experts, the month of September has always been bad and no good news is coming out. Bitcoin crash is also due to the upcoming CPI data.  Can also dump Bitcoin and make a new bottom due to MT Gox Token. Bitcoin may come down further in next few days or weeks, chances are also seen.bitcoins Can dump 12k to 16k.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
August 29, 2022, 09:11:25 AM
It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.
If i'm not predicting it wrong. By the end of year bitcoin will hit its bottom and will start recovery in 2023.

Analysts sucks they put you in FOMO And FEAR hence dont believe them... Do hold your bitcoins if you believe in it

For now possibly we will go to upwards and then down dont knew how down it will be but mtgox FUD still hangs over the head.
It's just a prediction that is always linked but in the end we don't know how low the price of bitcoin will be at the end of the year? This is still a lot of speculation aimed at the negative trend.

There are so many FOMO and FUD at this time, it's just us to be able to filter them out and don't just believe it, more precisely, don't be afraid about FUD and we believe that one day it will recover.

I will still continue to survive because until whenever bitcoin must be held until it rises again.
hero member
Activity: 1064
Merit: 638
August 29, 2022, 06:46:18 AM
It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.
If i'm not predicting it wrong. By the end of year bitcoin will hit its bottom and will start recovery in 2023.

Analysts sucks they put you in FOMO And FEAR hence dont believe them... Do hold your bitcoins if you believe in it

For now possibly we will go to upwards and then down dont knew how down it will be but mtgox FUD still hangs over the head.
hero member
Activity: 2744
Merit: 517
★Bitvest.io★ Play Plinko or Invest!
August 29, 2022, 06:21:53 AM
The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.

Is it the right decision, you should think carefully. As you say, no one can know whether bitcoin will go up or down, selling bitcoin now and waiting to buy it back at a lower price is too risky. We are in a bear market but there is nothing to say that bitcoin will break $17k again, probably won't happen. If you still have money and wait for the price to drop further to buy then I have no idea, but selling immediately and waiting to buy it back at a lower price is not recommended.
It comes to the idea that selling now and waiting for the next drop is kinda be optional. What I mean is that we can just do selling if we see a profit on it and use this money to reinvest. But as the situation is dropping more, I suggest staying on hold, and instead of thinking of waiting for the price to pump, it is better to take the current situation as an opportunity to buy more while waiting for the recovery. It was uncertain what comes next that is why we should be wise enough and think several times before making a step.
hero member
Activity: 1904
Merit: 544
We are all the pieces of what we remember.
August 29, 2022, 12:24:58 AM
The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.

Is it the right decision, you should think carefully. As you say, no one can know whether bitcoin will go up or down, selling bitcoin now and waiting to buy it back at a lower price is too risky. We are in a bear market but there is nothing to say that bitcoin will break $17k again, probably won't happen. If you still have money and wait for the price to drop further to buy then I have no idea, but selling immediately and waiting to buy it back at a lower price is not recommended.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
August 28, 2022, 06:54:37 PM
What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

Nobody knows what will be the bottom for bitcoin because crypto market is really volatile and it depends on the market condition, demand and supply amd also depends on the economic condition of every country. You should be the one to put the bottom for bitcoin for yourself so that you can decide to buy and hold. Everytime is a good time to invest as long as you have a lot of capital and don't panic if the value of bitcoin slightly moving down. Hold for long term for a you to have a good investment return.
hero member
Activity: 2674
Merit: 713
Nothing lasts forever
August 28, 2022, 12:12:38 PM
What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

After the dump the bottom was around $17k for bitcoin as it didn't go lower than that range.
Since then it started growing slowly in price and crossed $24k few times but due to recent negative news in the market it has fallen back below $20k.
Now it's time to wait and watch whether bitcoin will be able to hold at $17k which I think it will or will it dump further below that point.
Most probably bitcoin will hold strong and may be $17k would be the bottom for bitcoin.
newbie
Activity: 23
Merit: 1
August 25, 2022, 06:32:46 AM
The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.
hero member
Activity: 1288
Merit: 504
August 01, 2022, 11:18:39 AM
I think one of the ways you can get is through campaigns, there are many in the Bounty section of the forum, I think that's the best option.
Through campaigns and many in the bounty section, really?
As someone who spent some of my newbie or beginner days in the bounty section (something am not most proud of) I must say, the bounty section is full of shit, yeah, shitcoins and tokens. Perhaps a few might have met projects that pumped and became important in cryptocurrency but, I wasn't that lucky or opportuned to find one and as such, I speak from mine perspective.  I wouldn't advise anyone as, I feel it would be a waste of quality time that could be used in gaining knowledge on the forum and eventually building of account.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
August 01, 2022, 11:08:38 AM
Well, if the purpose of OP is to look for free money, it is something difficult, the best things are not obtained for free, I think that you have to work and a lot to be able to earn your money, and one of the things you can do is simple jobs, there are many faucets, but they are not faucets to accumulate money and become a millionaire, I think one of the ways you can get is through campaigns, there are many in the Bounty section of the forum, I think that's the best option.

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

No one can answer your two question. It's like predicting if there will be a storm coming tomorrow or not. What you can do during this bear season is just to accumulate as much as you can to prepare for the next bull cycle. With the economic crisis going on, I don't think we've already hit the bottom and crypto will start to recover soon. Bear market has just started and usually last for more than a year.

Well, there are some analysts who are always looking for a way to make predictions based on their technical analysis, but it is so difficult to do so due to the fundamentals, in my case, I find myself out of the market, because I do not know how to operate, the current situation is somewhat complicated in the world, situation, wars, pandemics, diseases, possible downturns in the economy, this makes it difficult to operate, and especially to place positions in Long.
hero member
Activity: 2352
Merit: 593
July 22, 2022, 01:10:27 AM
What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

No one can answer your two question. It's like predicting if there will be a storm coming tomorrow or not. What you can do during this bear season is just to accumulate as much as you can to prepare for the next bull cycle. With the economic crisis going on, I don't think we've already hit the bottom and crypto will start to recover soon. Bear market has just started and usually last for more than a year.
newbie
Activity: 15
Merit: 0
July 18, 2022, 12:43:23 AM
It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.
jr. member
Activity: 98
Merit: 2
July 17, 2022, 05:32:36 AM
For some reason it seems to me that the bottom may be closer to winter. I do not know yet why, but there are such suspicions. In any case, we are still waiting for the results and hope for the best.
full member
Activity: 1121
Merit: 100
July 17, 2022, 04:42:31 AM
If you think that bitcoin will dump for upcoming, then you should not invest this coin. Because noone says that the appropriate predicts of bitcoin price. So, I invested many coins few days ago which is good for me as I can see. The price is pump again and the market looks good. This is perfect time to invest btc or others coin.
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