Enjoy the dead cat bounce while you can guys.
Which one? There's so many of them on coinmarketcap right now!
In other news, a bit early to call it a dead cat bounce yet, isn't it?
Topic: Crash is over, nice call on the bottom guys! ATH will come quickly (Read 605 times)
January 18, 2018, 05:55:07 AM
Which one? There's so many of them on coinmarketcap right now!
In other news, a bit early to call it a dead cat bounce yet, isn't it?
January 18, 2018, 05:40:30 AM
Enjoy the dead cat bounce while you can guys.
January 18, 2018, 05:26:10 AM
A bit early to call the bottom, isn't it? I too am fairly confident that the USD 11,000 - 10,000 levels will hold, but I don't think we're in the clear yet. Bitcoin's movements have been too twitchy for the past few weeks. The market needs to stabilize first before we can move onward.
Very early days! I did make a small buy into a coin I don't have yet, but since I plan to hold, I'm not so concerned if this corrections isn't over yet. But if anyone is thinking to buy now for a quick profit next week, I would provide strong caution. We are still on very unstable ground, Definitely need to step on something a bit more solid before the market can figure out where to go next. And it could still eventually decide to go even further down, too.
That said, long term holders should find this price levels very attractive.
January 18, 2018, 05:08:36 AM
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
Prayer works right? 
But with this type of market optimism will help you to survive on this type of trade. There is still the time for recovery and it's not yet happening so due to this we'll see the price of bitcoin goes up again maybe after a couple of weeks and get on your horses, I'm in and for sure we'll see new ATH.
January 17, 2018, 09:06:42 AM
Many expecting $8k if $10k support is broken.
8k was sidelined for a week, back in November. That's why we consider a strong support.
Most of the rise was on December, right before the opening of futures.
January 17, 2018, 08:47:35 AM
Crash is over, nice call on the bottom guys! ATH will come quickly
I have to agree with your opinion because I have been aboard. Investors are exploiting these conditions to inflate their money, but I'm not sure if bitcoin will fall lower than $ 9k. Even the current price is already underpriced.
You must be right. The phase of profit booking by bitcoin whales must have finished by this time and the current bitcoin price levels are very good buying opportunity for those who are all looking for making easy and quick profits.
Corrections may happen time to time but we cannot expect any more persisting corrections here after as bitcoin prices has already given you enough room for those profit booking days from the previous ATH levels. From current price levels we can expect prices to hit $25,000 levels by the mid of February month. It may happen earlier to that also as rising prices are always attract more investors than we can predict.
Corrections may happen time to time but we cannot expect any more persisting corrections here after as bitcoin prices has already given you enough room for those profit booking days from the previous ATH levels. From current price levels we can expect prices to hit $25,000 levels by the mid of February month. It may happen earlier to that also as rising prices are always attract more investors than we can predict.
With market conditions like this, I think we will not see the new ATH until the beginning of the second quarter of 2018.
January 17, 2018, 08:45:20 AM
I really hope that we have strong support at 10K. If this is broken then I assumed that 8K is next for us. This is really a good buying opportunity and a chance for those who have been waiting for months to see bitcoin goes into correction. I hope you jump because after this bitcoin price will recover once more.
You need to pray more my friend.
Yes, it will bounce back for sure, but this phenomena will go on for the next few days before the market could recovered. I also not selling and will continue to hold because based on bitcoin's past history, it's very resilient and has the strength to come back even stronger.
the current price movement seems to weaken my prediction for the past few days, but I still believe on its price movements that's changes so natural.. I'm sure it will jump back to high again. There are still many people of course who are have intention to buying, and the price that can be said as a low price phases right now.. it surely can be taken to buying and maybe some other activities done by another a certain people, could have been able to push the price going back to a higher.
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
You need to pray more my friend.
Yes, it will bounce back for sure, but this phenomena will go on for the next few days before the market could recovered. I also not selling and will continue to hold because based on bitcoin's past history, it's very resilient and has the strength to come back even stronger.
January 17, 2018, 08:14:27 AM
No buying pressure and sideways means (from my experience), we will get another drop soon. I remember those times after the MtGox crash. No one had any interest in buying bitcoins anymore. Took a veeery long time to recover.
MtGox crash was different, because it was essentially the only major exchange then, so the depth of the crash and timing may be different, but I agree that a new ATH in 2018 in now very unlikely. It may take a year or two.
The MtGox crash was just a minor setback though, another bull market soon followed. What really triggered crypto winter was when China cracked down on Bitcoin in late 2013. Sounds familiar?
I'm ATH agnostic right now (ie. I don't expect one to happen this year, but also wouldn't be surprised if it did), but to be honest a cool down of 2-3 years would be fine with me. Right now there's too much of a focus on price and getting rich quick. A new crypto winter would thin out both alts and speculators and give devs some time to work on protocol improvements without everyone breathing down their necks and pushing rhetorics in front of technological concerns.
January 17, 2018, 05:00:02 AM
No buying pressure and sideways means (from my experience), we will get another drop soon. I remember those times after the MtGox crash. No one had any interest in buying bitcoins anymore. Took a veeery long time to recover.
MtGox crash was different, because it was essentially the only major exchange then, so the depth of the crash and timing may be different, but I agree that a new ATH in 2018 in now very unlikely. It may take a year or two.
January 17, 2018, 03:23:43 AM
Crash is over, nice call on the bottom guys! ATH will come quickly
You must be right. The phase of profit booking by bitcoin whales must have finished by this time and the current bitcoin price levels are very good buying opportunity for those who are all looking for making easy and quick profits.Corrections may happen time to time but we cannot expect any more persisting corrections here after as bitcoin prices has already given you enough room for those profit booking days from the previous ATH levels. From current price levels we can expect prices to hit $25,000 levels by the mid of February month. It may happen earlier to that also as rising prices are always attract more investors than we can predict.
January 17, 2018, 03:13:45 AM
Crash is over, nice call on the bottom guys! ATH will come quickly
Not so fast my friend.
I would be very careful with calling this the bottom.
If the market should over react price could go down to 7-8k easily!
Furthermore I doubt we will bounce up that quick.
Also possible we just range for a while and no new ATHs before June or July.
The nobbs who entered the market last year are facing their first challenge in terms of strong hands and patience.
January 17, 2018, 01:58:12 AM
No buying pressure and sideways means (from my experience), we will get another drop soon. I remember those times after the MtGox crash. No one had any interest in buying bitcoins anymore. Took a veeery long time to recover.
I heard at that time, bitcoin price reach the bottom of the price and maybe it is not worth to buy. but some people still buying bitcoin because they know that bitcoin has a bright future and I think I still buying bitcoin because of today, the price is not too expensive, at least the price is down too deep.
January 17, 2018, 01:31:10 AM
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
Prayer works right? But with this type of market optimism will help you to survive on this type of trade. There is still the time for recovery and it's not yet happening so due to this we'll see the price of bitcoin goes up again maybe after a couple of weeks and get on your horses, I'm in and for sure we'll see new ATH.
January 17, 2018, 01:11:05 AM
No buying pressure and sideways means (from my experience), we will get another drop soon. I remember those times after the MtGox crash. No one had any interest in buying bitcoins anymore. Took a veeery long time to recover.
January 17, 2018, 01:03:19 AM
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
Prayer works right? But with this type of market optimism will help you to survive on this type of trade. There is still the time for recovery and it's not yet happening so due to this we'll see the price of bitcoin goes up again maybe after a couple of weeks and get on your horses, I'm in and for sure we'll see new ATH.
January 17, 2018, 12:50:41 AM
Crash is over, nice call on the bottom guys! ATH will come quickly
I think it's not difficult for BTC market to rise,the price is now good to hold and buy a little.It's great to wait for the movement of small fish like altcoin that goes to the river,a funny occurrence often happens that altcoin can't hold its value if BTC goes fall.This is a big correction, and bitcoin is not the only coin that is going down. Looks like bitconnect is a scam after all, after so many comments and warnings so many people will lose their money now on that. I believe that now people are making connections, they think crypto currencies should be blamed and not their stupidity, that always goes like that.
Price is still going down, and this next couple weeks will be a hell for many of us here, who knows what can happen. We need to wait and see, now we can't give any long term prognoses, bad things are happening around and we need to wait them to pass in order to continue our voyage.
January 17, 2018, 12:17:42 AM
Crash is over, nice call on the bottom guys! ATH will come quickly
I think it's not difficult for BTC market to rise,the price is now good to hold and buy a little.It's great to wait for the movement of small fish like altcoin that goes to the river,a funny occurrence often happens that altcoin can't hold its value if BTC goes fall. January 17, 2018, 12:08:05 AM
the current price movement seems to weaken my prediction for the past few days, but I still believe on its price movements that's changes so natural.. I'm sure it will jump back to high again. There are still many people of course who are have intention to buying, and the price that can be said as a low price phases right now.. it surely can be taken to buying and maybe some other activities done by another a certain people, could have been able to push the price going back to a higher.
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
January 16, 2018, 11:59:47 PM
Ever heard of a dead cat bounce? There is a possibility that this would be it since the volume is still unhealthy and we might be able to jump ship before it re-test the 10,000$ level again. If its broken we all now know that 8,000$ is the next support level. If we have the chance to sell Bitcoin at around 12,000$ level we can (for those who will gain profit of course) and try to reload Bitcoin at 10,000$ or even at 8,000$ which is my most preferred level. But what I really prefer is Bitcoin to recover now as going down below 10,000$ has a devastating effect on Bitcoin on a long term.
January 16, 2018, 11:56:48 PM
Many expecting $8k if $10k support is broken.
If there will be no any bad news than market might bounce back to at least $15k. Now on no any news regarding ban from Asia will affect market for sure. All Asian whales might have sold off...
If there will be no any bad news than market might bounce back to at least $15k. Now on no any news regarding ban from Asia will affect market for sure. All Asian whales might have sold off...
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