Topic: BTC broke bottom of triangle. Deep crash ahead. - page 2. (Read 603 times)
While I don't agree that there is a deep crash ahead (I think worst case scenario we might see 6-7k. I do think it is worth mentioning a misconception some may have with January being a traditionally bad month. It has been but if you look for example to last year, bitcoin fell about 40% (somewhat comparable) but it was a sharp decline over a few days and then recovered within a week to 10 days. This time round the price has been sliding for quite some weeks now. I see a recovery coming but I don't think it will be a miraculous turnaround.
Most bitcoin users which do not adequately respond to the fall in the price of the coins has to its credit a very small amount of coins. They create informational noise around the price. This provokes the panic and helps the whales to buy their assets. I think it's stupid. Price already at the bottom. Forget for a month about bitcoin. This stabilizes the situation in the market and prices will go up. I am sure that the main holders of the coin will not sell them now.
I still cannot agree with those guys who are talking about the total crash of Bitcoin. This crypto will show its true power, and it can happen as I think before December 2018 comes. 
all of which are just normal market behaviour, i happen even in forex and stocks, and this is not the first time of bitcoin correction, it happened every year so i see no usual things happening in the market! HODL 
The only thing that's broken is your credibility, and that was already the case back in 2015 my man. The current 'dip' is a perfectly normal market movement within the range it has been operating in for some time now. You can't provide any actual worthwhile arguments regarding the current dip, and for that reason you're making a clown of yourself. On top of that, you are only supposed to show up when we are falling below the most recent bottom, and as long as that isn't the case, you don't have anything to do here. Crawl back under your rock and have fun there in the dark!
I think kwukduck just posts for comedy value at this point. For what other purpose would he post' He knows that his perma-bear pose is now not taken seriously by anyone. Even if he was right, after so many times of being wrong, it doesn't count.
It's similar to Proudhon, they are legendary perma-bears that became laughing stocks as BTC went higher and higher for years while they claimed it was over since it was like $10.
This month I got $20 from online surveys. That is $4/hour work.
Bitcoin $1 to $1000 in 7 years in a GIANT BUBBLE TO BURST
Bitcoin $1 to $1000 in 7 years in a GIANT BUBBLE TO BURST
Yesterday we closed well under the 100 day average.
Today we move even further away from it while breaking through the bottom of the triangle.
We've broken major support and nothing is stopping a deep fall.
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol
Down we go guys, you've been warned.
Today we move even further away from it while breaking through the bottom of the triangle.
We've broken major support and nothing is stopping a deep fall.
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol
Down we go guys, you've been warned.
Wheweeee!
I was scared there a moment before I saw who wrote it.
Now after I see it is Kwuck I am wondering how much more BTC I can afford at this price.
Do not try to panic newbies ( Unfortunately it usually works).
Prices were manipulated by whales and also due to some bad news and it was normal after big rise. It won't last long. Every thing will become normal soon.
Prices were manipulated by whales and also due to some bad news and it was normal after big rise. It won't last long. Every thing will become normal soon.
I think the big factor that drives the price of bitcoin today is about the bad news against it and just my opinion, no amount of technical graphs could stop the fear and uncertainty of some or many bitcoin holders due to recent news like fb banning crypto ads, and blah, blah, blah..
But I am not one of them though
I am holding here and is also currently shopping some altcoins that are in reds now.
But I am not one of them though
I am holding here and is also currently shopping some altcoins that are in reds now. I don't see the crash coming guys, we are unable to break the 10,000$ on the way down. it is a very strong support and I think we will not go below it.
Have you been living under a rock or what? The $10,000 mark isn't strongly supported, and we have already seen the market get dumped down to $9500 on Bitstamp, which now is the third time it happened.People who keep referring to the $10,000 mark to be a strong support level should really focus on facts instead of acting like nothing has happened. Try to spend more time looking at the market instead of posting nonsense.
Most bitcoin users which do not adequately respond to the fall in the price of the coins has to its credit a very small amount of coins. They create informational noise around the price. This provokes the panic and helps the whales to buy their assets. I think it's stupid. Price already at the bottom. Forget for a month about bitcoin. This stabilizes the situation in the market and prices will go up. I am sure that the main holders of the coin will not sell them now.
I don't see the crash coming guys, we are unable to break the 10,000$ on the way down. it is a very strong support and I think we will not go below it.
Seriously. Just stop! You are making people sell and lose their effing money.
Naah. Calm down. I was going hard against kwukduck in the past as well, but he is just one big troll laughing hard seeing how people here go nuts on him. If you noticed his trend throughout the years, then it's clear that as long as he remains acting like an ultra bear (which in reality he isn't) thinking that Bitcoin will crash and whatnot, the market will keep going up. Seriously, I would start to get worried when kwukduck suddenly turns into a perma bull - that probably would be a good moment to start selling big time.
Yay kwuks back , that must mean we're nearer the bottom than I thought
That's one funny way to look at it but like you said, bearish trend for now might be over because kwuckduck here says that deep crash is ahead and he is notorious here for always popping out to spread FUD during times when btc is about to rise. Yesterday I read a topic which said that bitcoin broke the triangle and would make a move upwards towards $15 000, today there is a new topic with a new graph and now the bitcoin price will go downwards... Looks to me that bitcoin price is difficult to predict lol.
But it becomes easier to predict when this guy pops out. I said so since he is always like this, posting wrong TA, spreading FUD, And then the opposite of what he posted happens most of the time.
Thanks for the warning, duck, but we already know it will rise to 25k by march.
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Is your CMC is a real one? or you have your own version that bitcoin is the only coin that keeps on falling? Almost everything is in red, FYI.Exactly what I wanted to say. He must be looking at some kind of very special version.
Crypto is in a boring position right now if you're looking at the prices. It has been like this for almost a month, there's nothing new, and it's not just BTC at all, like you said, it's the whole market. BTC dominance is roughly the same.
How did you arrive at this conclusion?
Mate he has his own version of CMC. 
It's indeed fairly likely bitcoin could now drop to around $8K to find its new support level. I would not be surprised if that happens.
Yesterday I read a topic which said that bitcoin broke the triangle and would make a move upwards towards $15 000, today there is a new topic with a new graph and now the bitcoin price will go downwards... Looks to me that bitcoin price is difficult to predict lol.
Yesterday we closed well under the 100 day average.
Today we move even further away from it while breaking through the bottom of the triangle.
We've broken major support and nothing is stopping a deep fall.
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol
Down we go guys, you've been warned.
Today we move even further away from it while breaking through the bottom of the triangle.
We've broken major support and nothing is stopping a deep fall.
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol
Down we go guys, you've been warned.
Second time I've seen this 100-day range being used, so you're also thinking of the 200-day range to be broken next? (100 day has historically already been broken, but never the 200-day yet).
I don't know your charts, alts seem falling at the same rate as BTC in my books. Just as they have since December. I'll add your warning to my growing list of warnings.
...
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
...
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
...
How did you arrive at this conclusion?
Altcoins are heavily correlated to the BTC price.
If you think about it this is entirely predictable, because
most of them don´t even have fiat trading pairs. Therefore
their value in $ decreases if the Bitcoin price decreases, because
they are priced exclusively in BTC.
Seriously. Just stop! You are making people sell and lose their effing money. Every time someone comes with such a statement, the price recover and bounce back pretty quickly. I lost over 5000 euro because I listened to a FUDster like you. Never again.
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