Topic: Calling bottom in September 2018 - page 3. (Read 756 times)
So the recovery will start on the next year on April ? Uh, I don't like that, that such a long time to wait. I hope the price of bitcoin can really move up in the rest of the month in this year, at least back to $10k per bitcoin again in this year.
The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....
It will be interesting to see what the next bull run will look like, especially because of how likely it is that institutional investors will be fomo'ing with the retail market. It could turn out to be the biggest bull run we have ever seen.We could potentially see another bull run this year with an ETF approval, and somehow I'm sure that it's not a matter of will an ETF ever get approved, but a matter of will it happen this or next year.
And that's just the first ETF. Eventually there is room for dozens of them, all competing with each other for volume. Bitcoin's spot market will become less relevant just like how that is with gold and other assets.
BitMEX for example already accounts for like 25-50% of Bitcoin's trading volume.
I guess no one in this forum can really tell the actual thing that will happen with bitcoin. We can make the track of bitcoin in the past few years as a basis of what will happen this year, but it doesn't necessarily mean that it will be the same. The bitcoin will recover from the crash that happened for sure. Hoping by the end of this year, so it is the best time to buy more.
I think that we hitted the bottom during the last month when there was a flash dip and the price touched less than $5600 (correct me if i am wrong) but this was the bottom for me, i dont think that we are going to go deeper than that
I hope that you are right. It is almost end of the year now and we expect bitcoin's value to go high the same as last year but as they say nobody knows what the future will be. 
In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.
We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others.
What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$
The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....
In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.
We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others.
What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$
Bitcoin price is hard to predict and all scenarios are possible, from very high to very low but to my opinion September shouldn't be so critical for bitcoin.
No matter that some are saying to my opinion bitcoin price will not go under 5500$ but I don't expect some biger rise copmared to current situation either.
No matter that some are saying to my opinion bitcoin price will not go under 5500$ but I don't expect some biger rise copmared to current situation either.
I think that we hitted the bottom during the last month when there was a flash dip and the price touched less than $5600 (correct me if i am wrong) but this was the bottom for me, i dont think that we are going to go deeper than that
That of course can be possible, but I give little chances to that. If you just look the opinion on this forum and see people still calling 20k Bitcoin til end of the year you see we are far from the despair that happen around bottom.
here you go, have a merit for your honesty
anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.
Cheers for the merit mate!
Is it copyrighted by you? So I can use the name in the future, as I'm probably going to use that phrase again.
I remember the 2015 dip, was watching it live on my phone (I think it went to $144 in bitstamp) and telling some friends that it was a really good time to buy, only one of many listened unfortunately. Let's hope I'll see a big dip this time too and can buy some cheap coinz
I'm gambling a bit atm, keeping my fiat ready to buy some in the 3xxx area.Buying at bottom or selling at ATH is like winning jackpot. You, me and no one else on this forum won any jackpots so far. It is waste of time to fell bad that you did not sold at ATH or buy at bottom. You will just worry for nothing.
Oh, don't worry, I won't feel bad if I can't sell the peak or buy the dip, if my prediction fails I just spend the fiat for more expensive coins, that's all. So I'm not worrying at all, I just have a gambler spirit and I like to test my own theories out, trying to be subtle makes things more interesting. Being too balanced is boring. And boring is just, boring.
I think that we hitted the bottom during the last month when there was a flash dip and the price touched less than $5600 (correct me if i am wrong) but this was the bottom for me, i dont think that we are going to go deeper than that
here you go, have a merit for your honesty
anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.
Cheers for the merit mate!
Is it copyrighted by you? So I can use the name in the future, as I'm probably going to use that phrase again.
I remember the 2015 dip, was watching it live on my phone (I think it went to $144 in bitstamp) and telling some friends that it was a really good time to buy, only one of many listened unfortunately. Let's hope I'll see a big dip this time too and can buy some cheap coinz
I'm gambling a bit atm, keeping my fiat ready to buy some in the 3xxx area.Buying at bottom or selling at ATH is like winning jackpot. You, me and no one else on this forum won any jackpots so far. It is waste of time to fell bad that you did not sold at ATH or buy at bottom. You will just worry for nothing.
here you go, have a merit for your honesty
anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.
Cheers for the merit mate!
Is it copyrighted by you? So I can use the name in the future, as I'm probably going to use that phrase again.
I remember the 2015 dip, was watching it live on my phone (I think it went to $144 in bitstamp) and telling some friends that it was a really good time to buy, only one of many listened unfortunately. Let's hope I'll see a big dip this time too and can buy some cheap coinz
I'm gambling a bit atm, keeping my fiat ready to buy some in the 3xxx area. 
To be honest, i dont think that the price will go lower than what we have already achieved during the last few weeks, so i think that it all will remain just like this (going up at some times) but it all will depend on the FUD and HYPE that is on the market
here you go, have a merit for your honesty
anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.
anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.
That is a quite recognisable bottom when it goes to that spike down but its just like ritcher scale movement not really a sustained move. At some point traders or whoever moves a large amount, it could be a collective recognition also, they see that low as a rejection and it becomes a buying point. Same kind of deal to a spike up but it falters quickly, that becomes a trade short for some
Great analysis, while I do not have great trading skills I noticed something similar, after the previous crash it took us a lot of time to recover but I have been noticing that this cycle is moving faster this is why I do not understand those that are complaining all the time about the price for two reasons, first that the price is not going to be down for as long as in the past and second because this means we have a lot of time to get as many bitcoins as we want for a very low price.
In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.
We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others.
In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.
In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
OP, I'm not a believer in technical analysis by any means, but don't most people who actually call market bottoms do it after a market has started to recover from the bottom? A lot of folks called the bottom of the stock market back in 2009, but it was only after the Dow had fallen below 7000 IIRC. I don't think at this point any of us have enough info to be calling a bottom in two months.
Having said that, if it did come in September I'd be very cool with that--but there's a world of difference between hoping something happens and actually thinking or even claiming that it's going to. And hey, if you truly believe we're going to bottom out in 9/2018, then put your money where your mouth is and load up on bitcoin...once it starts dropping again, because it kind of looks like it's already started to rebound. Could be a dead-cat bounce, though.
Having said that, if it did come in September I'd be very cool with that--but there's a world of difference between hoping something happens and actually thinking or even claiming that it's going to. And hey, if you truly believe we're going to bottom out in 9/2018, then put your money where your mouth is and load up on bitcoin...once it starts dropping again, because it kind of looks like it's already started to rebound. Could be a dead-cat bounce, though.
Well. Calling it 3 months ahead makes it call it first.
I do know it also gives me way more chances to be wrong. I am no PRO, I dont even trade just buy and hold. All i care is to predict when next growth will start to have more fun holding. Its seriously funny to compare 2013 to 2018. Back than there was dozens of us DOZENS I say, whereas in 2018 there are millions of people not only buying and selling crypto but also started to use it as well. There is not a single chance it will resemble it on a long enough time period.
Oh those charts are not identical. Bitcoin in 2014 was $500 and now is $5000. That is far from the same. 2018 chart is projected on 2014 chart , that is what I did. If we would have same number of users as in 2014 we would be around 2014 price and not around 2018.
It is so hard to say for me, because I can't see the full cycle of 2014 repeating. The circumstances are way different now. The userbase is significantly higher, and more governments and regulators are eyeing this market than ever before. Regulation is a good thing, it will help with Bitcoins legitimacy as an asset. I think we may have already bottomed as we have bounced off of $58xx - $6000 three times now... At least that's what I hope
Agree with your point and the proof of graphs. I think September will be a hard time for Bitcoina as per the graphical representation each year and there is a very low price expected around that month it seems. But, post September there is a huge price rise going to happen and it can be 500% higher like $50000 or more than that as per my own prediction.
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