BTC bottom is yet to come??? - page 2.

alan2here

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Quote from: Dollar_Hunter on May 21, 2020, 06:08:24 PM

Bottom has been reached at $ 8900, and now the price of Bitcoin has risen to $ 9200,
it looks like Bitcoin can hold at the level of $ 9,000 again, hopefully $ 10,000 can be reached in the near future

Now all predictions are inaccurate because the situation is now very erratic, and Bitcoin usually moves very quickly in a short time.

I think if you want to invest, you should wait a few more months because I am sure the market will soon have a major correction, and Bitcoin price could return to $7000 again. Of course, this is just my prediction and you have the right to follow it or not.

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Quote from: Dollar_Hunter on May 21, 2020, 06:08:24 PM

Bottom has been reached at $ 8900, and now the price of Bitcoin has risen to $ 9200,
it looks like Bitcoin can hold at the level of $ 9,000 again, hopefully $ 10,000 can be reached in the near future

Will you call every small swing of 200-300 dollars the bottom or high?

If you read the first post you will understand that the OP meant a completely different scale of events Wink

By the way, maybe I'm wrong, but it seems that a trend reversal is occurring and soon we will really see the movement to the bottom. The question is at what level it will be.

Dollar_Hunter

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Bottom has been reached at $ 8900, and now the price of Bitcoin has risen to $ 9200,
it looks like Bitcoin can hold at the level of $ 9,000 again, hopefully $ 10,000 can be reached in the near future

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Of course, after a regular increase in cryptocurrency prices, you can always predict a significant drop in the entire market. But I believe that such a situation that occurred in 2017-2018 will no longer be. The fact is that people who invested in cryptocurrency in 2017 and suffered very large losses almost did not remain on the cryptocurrency market or they were already able to minimize their losses due to other investments, as well as due to trade or other manipulations. Today, Bitcoin owners consist mainly of those investors who bought Bitcoin several times cheaper than the current price. If these people still have not sold Bitcoin in bulk and have not fallen off its price, then I doubt that they will sell their coins when Bitcoin starts its rally.

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Quote from: jarhed on May 16, 2020, 03:15:15 PM

I don't think Bitcoin's gonna go down for sure in the next couple of months, I hope that halving will have a positive impact on Bitcoin soon, Bitcoin will start rising in price.

Until now, the value of Bitcoin has remained stable at $9700, and this is good because there are many rumors that the market will collapse after the halving ends. However, do not rush to celebrate because this market is very unpredictable, and when people believe this market will increase, the whales will tend to panic, causing you to lose a lot of investment.

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Quote from: hahay on May 17, 2020, 12:22:49 AM

Quote from: Botnake on May 16, 2020, 07:33:11 PM

Quote from: jarhed on May 16, 2020, 03:15:15 PM

I don't think Bitcoin's gonna go down for sure in the next couple of months, I hope that halving will have a positive impact on Bitcoin soon, Bitcoin will start rising in price.

Bitcoin halving has a positive effect on bitcoin, however, since bitcoin is still unpredictable and unstable, we can't expect that price will continue to rise.
Halving does not right away show some demand in the market, so we maybe need more time and its not only halving that creates demand but investors who are seeing this market will have a good potential in the future.

I've seen a lot of good news that people think it would dictate bitcoin to go up, but it does not go as expect most of the time.
therefore, just be ready if it will dump because it could likely happen, but if you see that, take the opportunity to buy as that gives you a chance to buy at dip.

So far after halving, at least the price tends to be more stable in the range of $9k and I think that is a good effect, although sometimes or maybe in the following days there is a decline but I am confident if the price of bitcoin will not touch the bottom, because it is very possible to prices continue to rise slowly until they reach ATH next year, hopefully.

Next year or the following year, it doesn't matter for me now, I don't have to wait and just focus of my long term investment as we might have to wait fora very long time and still it would not happen, instead, I'll look on the opportunity right now and as I can see bitcoin is still the same volatile asset we know before and we should take advantage to that volatility, the more it will dump the better for me, you know what I'm saying?

hahay

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Quote from: Botnake on May 16, 2020, 07:33:11 PM

Quote from: jarhed on May 16, 2020, 03:15:15 PM

I don't think Bitcoin's gonna go down for sure in the next couple of months, I hope that halving will have a positive impact on Bitcoin soon, Bitcoin will start rising in price.

Bitcoin halving has a positive effect on bitcoin, however, since bitcoin is still unpredictable and unstable, we can't expect that price will continue to rise.
Halving does not right away show some demand in the market, so we maybe need more time and its not only halving that creates demand but investors who are seeing this market will have a good potential in the future.

I've seen a lot of good news that people think it would dictate bitcoin to go up, but it does not go as expect most of the time.
therefore, just be ready if it will dump because it could likely happen, but if you see that, take the opportunity to buy as that gives you a chance to buy at dip.

So far after halving, at least the price tends to be more stable in the range of $9k and I think that is a good effect, although sometimes or maybe in the following days there is a decline but I am confident if the price of bitcoin will not touch the bottom, because it is very possible to prices continue to rise slowly until they reach ATH next year, hopefully.

Botnake

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Quote from: jarhed on May 16, 2020, 03:15:15 PM

I don't think Bitcoin's gonna go down for sure in the next couple of months, I hope that halving will have a positive impact on Bitcoin soon, Bitcoin will start rising in price.

Bitcoin halving has a positive effect on bitcoin, however, since bitcoin is still unpredictable and unstable, we can't expect that price will continue to rise.
Halving does not right away show some demand in the market, so we maybe need more time and its not only halving that creates demand but investors who are seeing this market will have a good potential in the future.

I've seen a lot of good news that people think it would dictate bitcoin to go up, but it does not go as expect most of the time.
therefore, just be ready if it will dump because it could likely happen, but if you see that, take the opportunity to buy as that gives you a chance to buy at dip.

jarhed

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I don't think Bitcoin's gonna go down for sure in the next couple of months, I hope that halving will have a positive impact on Bitcoin soon, Bitcoin will start rising in price.

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Quote from: criket on May 16, 2020, 09:49:56 AM

why is not possible, you can see the worst possibilities that you do not want to experience. but shortly, I think the market situation is still safe. in the long run, of course, a dump will inevitably occur. stay alert and make the best use of opportunities.

Thanks for your valuable advice, I really appreciate them!! Bbviously it's part of the job, I mean risk.
In my humble opinion, having a fair amount of courage, obviously without risking all your assets, allows you to reap the benefits.

I want to try

Partisson

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Quote from: ravv2016 on April 19, 2020, 10:53:59 PM

Guys, how many of you feel Bitcoin will test another bottom before the halvening event Huh

I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range Grin

Altcoin prices can change at any time because altcoin cannot be stable by setting prices as a measure, prices can change due to demand on the market, and do you have some reason why btc will occupy 3k-4k prices? or do you just guess?

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Halving will certainly be good for bitcoin price in the longer-term. However I for one was quite surprised that we didn't see a sell-off immediately after the halving occurred - normally that is the case with this sort of thing.
I think this lack of a drop-off suggests a lot of strength in bitcoin right now, a lot of bullish sentiment. Part of this may of course be due to gradual re-opening of markets following the initial CV19 shutdowns - but whatever the reason, the absence of a sell-off is promising.

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Quote from: giammangiato on May 16, 2020, 08:11:39 AM

Quote from: stomachgrowls on May 08, 2020, 07:58:44 PM

Quote from: ravv2016 on April 19, 2020, 10:53:59 PM

Guys, how many of you feel Bitcoin will test another bottom before the halvening event Huh

I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range Grin

Waiting for 3k or 4k range? Youre a bit late since the price had clinged up to 5 digit once again but doesnt mean that there would be no chance on reaching these low levels but to presume that we are already heading with the halving event which means its either the price can continuously shoot up or would have some hard correction.

To those people whom do risk on buying on 6-7k levels are definitely making some profits now if they do plan or tend to take profit at the moment and this is indeed the advantage if you do
consider on taking risk while btc was still on the price level.

Well, its some sort mix of gamble anytime we do make decision specially on predicting prices.

I think that after the halving is "impossible" that BTC bounces down to 3k-4k range, but in these weeks is possible a dump until the 6k. I hope this because a wanna take some more position in btc before the PUMP that will be (in my opinion and listening more expert trading users) in the next 6 months

we never know the scenario, whether to go to $ 6000 first after that Pump, or maybe we go to $ 1000 after that Mega Pump happened,
anything can happen, analysis techniques in crypto currencies are still not certain 100% success, use capital you wisely

criket

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Quote from: giammangiato on May 16, 2020, 08:11:39 AM

I think that after the halving is "impossible" that BTC bounces down to 3k-4k range, but in these weeks is possible a dump until the 6k. I hope this because a wanna take some more position in btc before the PUMP that will be (in my opinion and listening more expert trading users) in the next 6 months

why is not possible, you can see the worst possibilities that you do not want to experience. but shortly, I think the market situation is still safe. in the long run, of course, a dump will inevitably occur. stay alert and make the best use of opportunities.

giammangiato

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Quote from: stomachgrowls on May 08, 2020, 07:58:44 PM

Quote from: ravv2016 on April 19, 2020, 10:53:59 PM

Guys, how many of you feel Bitcoin will test another bottom before the halvening event Huh

I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range Grin

Waiting for 3k or 4k range? Youre a bit late since the price had clinged up to 5 digit once again but doesnt mean that there would be no chance on reaching these low levels but to presume that we are already heading with the halving event which means its either the price can continuously shoot up or would have some hard correction.

To those people whom do risk on buying on 6-7k levels are definitely making some profits now if they do plan or tend to take profit at the moment and this is indeed the advantage if you do
consider on taking risk while btc was still on the price level.

Well, its some sort mix of gamble anytime we do make decision specially on predicting prices.

I think that after the halving is "impossible" that BTC bounces down to 3k-4k range, but in these weeks is possible a dump until the 6k. I hope this because a wanna take some more position in btc before the PUMP that will be (in my opinion and listening more expert trading users) in the next 6 months

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Quote from: KiloFoxtrot on May 15, 2020, 10:12:17 PM

Yes, it went up to double digits for a few days until it went back down to around 8k levels just before the halving. But after a few days, it's now back to around 9k+ levels once again. And that just goes to show how volatile the market really is.

The market never change, volatility has become the nature of the market, that's why we are so unique.

Quote from: KiloFoxtrot on May 15, 2020, 10:12:17 PM

Also, I had some hesitations when I heard about the halving recently and I should've purchased around the 6-7k levels at least. So if I hadn't hesitated, I would've earned at least half of its value already but I didn't because I procrastinated even though I have the fiat to purchase at that time. And for some reason, I was stubborn to simply just wait for the funds to come from another source of income instead.

That price range you've mentioned wasn't the dip this year, it was around $4,000 actually and if I am not mistaken, it happened March this year, so I am sure those investors who were able to make a decision buying at dip were able to sell went bitcoin went to $10,000.. imagine the return in just a short term of investment, that's a lot, so if you believe, you are likely going to buy it in a good timing.

just watch the market, there will be more opportunity to buy.

KiloFoxtrot

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Quote from: stomachgrowls on May 08, 2020, 07:58:44 PM

Quote from: ravv2016 on April 19, 2020, 10:53:59 PM

Guys, how many of you feel Bitcoin will test another bottom before the halvening event Huh

I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range Grin

Waiting for 3k or 4k range? Youre a bit late since the price had clinged up to 5 digit once again but doesnt mean that there would be no chance on reaching these low levels but to presume that we are already heading with the halving event which means its either the price can continuously shoot up or would have some hard correction.

To those people whom do risk on buying on 6-7k levels are definitely making some profits now if they do plan or tend to take profit at the moment and this is indeed the advantage if you do
consider on taking risk while btc was still on the price level.

Well, its some sort mix of gamble anytime we do make decision specially on predicting prices.

Yes, it went up to double digits for a few days until it went back down to around 8k levels just before the halving. But after a few days, it's now back to around 9k+ levels once again. And that just goes to show how volatile the market really is.

Also, I had some hesitations when I heard about the halving recently and I should've purchased around the 6-7k levels at least. So if I hadn't hesitated, I would've earned at least half of its value already but I didn't because I procrastinated even though I have the fiat to purchase at that time. And for some reason, I was stubborn to simply just wait for the funds to come from another source of income instead.

stomachgrowls

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Quote from: ravv2016 on April 19, 2020, 10:53:59 PM

Guys, how many of you feel Bitcoin will test another bottom before the halvening event Huh

I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range Grin

Waiting for 3k or 4k range? Youre a bit late since the price had clinged up to 5 digit once again but doesnt mean that there would be no chance on reaching these low levels but to presume that we are already heading with the halving event which means its either the price can continuously shoot up or would have some hard correction.

To those people whom do risk on buying on 6-7k levels are definitely making some profits now if they do plan or tend to take profit at the moment and this is indeed the advantage if you do
consider on taking risk while btc was still on the price level.

Well, its some sort mix of gamble anytime we do make decision specially on predicting prices.

Sanitough

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Quote from: jarhed on May 08, 2020, 03:17:51 PM

Most likely after halving Bitcoin will be a small drop in the price of Bitcoin, but it is unlikely to be a very strong drop, I think that after a small drop Bitcoin will start to rise again.

This is the picture I like to see post halving, and I'd like to believe that it will not take long for the price correction before it will start again.
We are struggling at $10,000 for now, so if that is the case, I'm just hoping we will hold on at least $10,000 if we can't go any further then drop maybe like $8000 as the lowest then start rising again, that sounds really great to witness and if bitcoin will rise to a certain level this year, wow... then I must say bitcoin is really unpredictable which made a bull run during this pandemic situation which the world is struggling.

more to come for bitcoin, for sure this is not the high this year, if it dump it will recover and start the pump bitcoin, that's how strong bitcoin is.

jarhed

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Most likely after halving Bitcoin will be a small drop in the price of Bitcoin, but it is unlikely to be a very strong drop, I think that after a small drop Bitcoin will start to rise again.

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