Topic: BTC Falling to mid 3K Will it go down more? - page 6. (Read 21348 times)
Hope the price of bitcoin back on its normal place soon, because many small people who support bitcoin suffer of this situation. Hope the price of bitcoin never fall again.
Yes, I think we might reach $1500 by Christmas, and $700 by February.
You lost faith in crypto it seems, one thing you need to understand at the moment that is to wait patiently for few more days, panic is not an exact solution right now. I can understand the market is very ridiculous but what can we do more than holding?
Ya it is true that he lost his control and started to think of bitcoin getting dead, but it is not true, it was last week itself kn owed that market may test the $3000 level and then it will bounce back. So it is very good time to start buying now.
I agree with your speculation,the bear market seems like going to continue and causing more damage to the price, many speculators predicted that the price will fall down really low before it can stabilize, some said it can be around 1000$, and there are no other a lot of optimism in the market,so its kind of bad situation for crypto
But there will be very less possibility to break the support line around $3k zones. I am expecting prices will hold on this support levels. If there will be any positive news like approval of ETF or anything similar to that, we can be sure about positive trends in coming weeks. But, being neutral also will be dangerous as of now as more people will be losing their faith which may lead to panic selling as that is the core reason which caused this much dangerous so far.By comparing the fall down happened in 2014 to 2015, I'm speculating positive trends hereafter. The market so far reacted very much similar to those time periods hence why not we can expect recovery also in the same way ?
Yes, I think we might reach $1500 by Christmas, and $700 by February.
Hope not, this needs to be pump a little bit because i'm in need of fiat this holiday. If this happen next year, I won't going to sell my btc until the price will rise again even if it takes more than a year. It seems the fall isn't done yet and the recent rise to $4k seems just a trap. Yes, I think we might reach $1500 by Christmas, and $700 by February.
You lost faith in crypto it seems, one thing you need to understand at the moment that is to wait patiently for few more days, panic is not an exact solution right now. I can understand the market is very ridiculous but what can we do more than holding?
Yes, I think we might reach $1500 by Christmas, and $700 by February.
It seems inevitable BTC will fall further. Hopefully that's not more than 2700. 2700 I believe is the last significant bottom that BTC had before the huge bull run and so it should prove a strong sticking point for the bears.
I agree with your speculation,the bear market seems like going to continue and causing more damage to the price, many speculators predicted that the price will fall down really low before it can stabilize, some said it can be around 1000$, and there are no other a lot of optimism in the market,so its kind of bad situation for crypto
It is obvious that bears are around us and it has no intention to go away. Another support awaits us and it could possibly be $3,000 - $2,500. Hard support would be down to $1,800. That's too low for most but for those that have been holding it under that price its still a win but seeing the value lower is disappointing.
I think the bearmarket isnt done yet as we are fishing for a bottom.
But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
It is possible if we have to based on the current price movement. Not just that, even goes down more. But on the bright side, if some "thing" sparked along the way, it can changed the trend in a quick. Yes, most analyzations will crashed once a certain trend spoiled it. No one knows what will happen thereafter.
For now:
If anyone wants to enter, then just do it at the current price.
If decided to wait for more dips, it's up to them. But if the purchase is to accumulate and hodl, people can consider the current price.
Selling is not the right thing to do unless you give up.
Anyways my pointer is applied in my own approach and preferences. Others are taking advantages of the price swing by doing short term trades but not advisable for an inexperienced trader.
The bear market around $3000 will last only for a while, maybe in few weeks towards the end of the year, If it struggles more can go further to $2000 (which could be rarely impossible), then $4000- $5000 for some more weeks in the coming year. Initially i was not comfortable with the price hovering around $6000 but Now, I demand it to get as low as it wants so as to start the next face build up.
I thought it will recover from $3770 low but that support level has been broken and that is an indication that the market is really not doing very well currently. From the beginning of the year we have this bearish signal and the bearish market has run throughout the year, we hope that next year should be another bull run year so most of us can reduce loses.
On the 3 Dezember someone moved 66 000 Bitcoin from an wallet to another walled i guess there can also happening something very amazing now XD
But noone nows when its going again stable.
regards
But noone nows when its going again stable.
regards
I think the bearmarket isnt done yet as we are fishing for a bottom.
But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
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