So we have come to test 5500 - 6000$ region, like I predicted, it is just 2 months later. Even though there is a lot of positive sentiment right now, I don't believe we will break 6k levels in this first attempt. Probably too much positive sentiment is a bad sign.
Regarding A, B, C scenarios, I lean towards C. I think bottom is in, but we might form a double bottom, or at least come down to test 4k levels with BTC again.
Topic: Bottom is in !! (Read 23452 times)
The Crypto field has lots of faces in it so we are seeing one side only for making a conclusion in this so if we want to sell it more properly we need to wait for sometimes to get a good profit otherwise I will not been successful in this time because when the right face will come only we can made a good decision.
Traders can never have a uniform impression on the market movement, some would think Bottom is in, while others would say more dip to come.
Also, the same with our target, we want to see the price increase, but some wants bigger price before they sell so they can get better profit, and since we are not in control of the market, it could happen that the price will not reach our target and it will dump, then build again to rise.
The Crypto field has lots of faces in it so we are seeing one side only for making a conclusion in this so if we want to sell it more properly we need to wait for sometimes to get a good profit otherwise I will not been successful in this time because when the right face will come only we can made a good decision.
Traders can never have a uniform impression on the market movement, some would think Bottom is in, while others would say more dip to come.
Also, the same with our target, we want to see the price increase, but some wants bigger price before they sell so they can get better profit, and since we are not in control of the market, it could happen that the price will not reach our target and it will dump, then build again to rise.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
We have already experienced the major dump and I don’t really think there will be any form of dumping again, although the market cannot be predicted, but with the technical/fundamental analysis and so many positive development concerning projects accepting to work with the system.I really think we will start experiencing upward movement of prices now and majority of the whales that would have made the dumping happen has already accumulated enough and I don’t think them dumping again at this price until they see a major increase in the price of Bitcoin. So, you better buy now before you end up getting stock with FOMO.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
I wouldn't compare the market now to the past, sometimes that price history may not be accurate as a tool to use to predict the future.
I have a feeling that the bull run is just around the corner, and that we have already bottomed, and with that, I believe any time soon, BTC will break resistance.
The Crypto field has lots of faces in it so we are seeing one side only for making a conclusion in this so if we want to sell it more properly we need to wait for sometimes to get a good profit otherwise I will not been successful in this time because when the right face will come only we can made a good decision.
it was at stage C. it seems it has burned the stage and this is quite amazing. I am glad that the price of the BTC has not decreased by over $ 3,000 and it still retains its own value. This is a grace for me.
I want to hold it until its price is $ 5000. This will happen soon as the good news gets more and more.
Today bitcoin is gaining and we are seeing some positive movements in the pricing. It seems the bearish trend that started in December 2017 ended in December 2018! The right thing to do is to began buying as time will come that it will be too expensive to buy bitcoin. I want to hold it until its price is $ 5000. This will happen soon as the good news gets more and more.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
I don't think this time will equal the last crash. Bitcoin is much more known and more people want to get in. I doubt we will see anything far below 4k ever again. This will be one of the last times you can get rich off crypto with very little effort.
it was at stage C. it seems it has burned the stage and this is quite amazing. I am glad that the price of the BTC has not decreased by over $ 3,000 and it still retains its own value. This is a grace for me.
I want to hold it until its price is $ 5000. This will happen soon as the good news gets more and more.
I want to hold it until its price is $ 5000. This will happen soon as the good news gets more and more.
I don't think it will happen according to your A scenario. Clearly, the BTC price is still growing slowly over time and now it has reached $ 4,000. in the future, it will continue to increase.
The price of BTC at $ 3100 is the lowest and it cannot go down any further.
That is the A scenario that happened that I remember so far where the lowest price at that time until its achievement so far still goes up and down in the range of $4k and it looks like reaching $8k takes longer if we look at the chart. So, it is a good analysis because the current market movements in my opinion are still possible recovery phase until the end of the year. The price of BTC at $ 3100 is the lowest and it cannot go down any further.
I don't think it will happen according to your A scenario. Clearly, the BTC price is still growing slowly over time and now it has reached $ 4,000. in the future, it will continue to increase.
The price of BTC at $ 3100 is the lowest and it cannot go down any further.
The price of BTC at $ 3100 is the lowest and it cannot go down any further.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
bull run may not occur if there is no good news and no one buys bitcoin anymore because we know the bitcoin price movements depend on investors and whales who have a lot of money to buy bitcoin and make the price of bitcoin back up.Yeah now market is down and no good news about crypto, but now you could see bitcoin price cross $4074 after a long time. So it is good sign but still the darkness is here, it takes time, we can't do anything only patience and wait for market rising. Hopefully in the mid of 2019 we will see any changing.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
bull run may not occur if there is no good news and no one buys bitcoin anymore because we know the bitcoin price movements depend on investors and whales who have a lot of money to buy bitcoin and make the price of bitcoin back up. 
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
I wouldn't compare the market now to the past, sometimes that price history may not be accurate as a tool to use to predict the future.
I have a feeling that the bull run is just around the corner, and that we have already bottomed, and with that, I believe any time soon, BTC will break resistance.
It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I want to show you my top 3 scenarios, which I believe are most probable.
Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...
I want to show you my top 3 scenarios, which I believe are most probable.
Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...
well, I suppose A scenario could be reasonable, it could be a support level though
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
I wouldn't compare the market now to the past, sometimes that price history may not be accurate as a tool to use to predict the future.
I have a feeling that the bull run is just around the corner, and that we have already bottomed, and with that, I believe any time soon, BTC will break resistance.
Huge dump already happened, sideways yes, but we will not see one more huge dump. I think we can compare this market now from the market in the past, cycles are normal thing, it`s happening in crypto too. If you take a look on charts from before and from now you can notice that they are very similar, numbers are different, we had price 400 dollars 3 years ago, now we have 4000 dollars, price struggled to get to 1000 dollars now we are waiting 10000. In percents it`s almost the same, but in dollars this markets worth much more now than before, that`s the biggest difference, the rest is pretty much the same.
I guess most of us here agrees that the bottom was in already, except those who are bearish of course as their happiness is when the market continues to sink. In my analysis, the entire market headed by bitcoin has already had significant loses due to a long and big correction.
We should end this dilemma, let's continue to support and stay optimistic that the recovery will continue.
One thing you can never do about bears is their mentality and it's the same way when the bulls are having their run. Personally, I'm also of the same view as the OP. This could be our bottom and I'll be happy one day to see people referring back to this post and wishing they had buy when they saw this. I'd really be glad.We should end this dilemma, let's continue to support and stay optimistic that the recovery will continue.
In fact, the market has bled already so why do people still wish fir a further drop lol.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
I wouldn't compare the market now to the past, sometimes that price history may not be accurate as a tool to use to predict the future.
I have a feeling that the bull run is just around the corner, and that we have already bottomed, and with that, I believe any time soon, BTC will break resistance.
As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.
I guess most of us here agrees that the bottom was in already, except those who are bearish of course as their happiness is when the market continues to sink. In my analysis, the entire market headed by bitcoin has already had significant loses due to a long and big correction.
We should end this dilemma, let's continue to support and stay optimistic that the recovery will continue.
One thing you can never do about bears is their mentality and it's the same way when the bulls are having their run. Personally, I'm also of the same view as the OP. This could be our bottom and I'll be happy one day to see people referring back to this post and wishing they had buy when they saw this. I'd really be glad.We should end this dilemma, let's continue to support and stay optimistic that the recovery will continue.
In fact, the market has bled already so why do people still wish fir a further drop lol.
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