Topic: Did Bitcoin REALLY Hit The Bottom? Are We There Yet? (Read 598 times)

Take your risk in IEO. But for me, I would just invest on bitcoin right now, if you hadn't notice it yet the price is going off the roof right now.

But I wouldn't discount the possibility that IEO will also give you a good return, however, you can't take away the possibility of a pump-and dump.

I think we have hit the bottom already specially bitcoin. We have more than double from its previous lows, and the price will continue to grow in the next couple of days.

If I'm not mistaken, the IEO will begin in a few hours, here on this exchange https://p2pb2b.io/token-sale/GEX

I think that the Bitcoin speculative market, those movements are very normal, you just have to try to understand why those things happen, there are many explanations when you review the volume, also the Order Book, and if you analyze the volumes in Exchanges you can give yourself account of the different reasons for which the passages pass.

At the moment the bitcoin market, according to my way of analyzing the market, is in the accumulation phase, in that phase it is very likely that many upward and falling movements will originate, that's because investors and market speculators They always want to buy as cheap as possible, and the movements are to hunt those who want to sell cheaper.

That's my way of seeing the market, as you see, it has some logic, besides, that investors and strong hands will never buy expensive.

The ability to develop is always there for the Bitcoin that's why it came up to the good position today so the situation will easily been faced by the development of Bitcoin so the investors cannot worry about much how it going on definitely the future will be good for Bitcoin development.

The trends shows a big opposite of what OP says, we aren't be sinking that bad anymore as we regains ore trust in the market and investors well.
Having a strong resistance nowadays we help to make the marker recovers faster and having another break of prices. We look forward that it will touches $15k before the end of this year or even more.

How do you believe it? I guess it will never again. I see bitcoin price movement now is healthy compared with the movement altcoin prices. Bitcoin price will down if there is some negative news come and make some users panic and decide to sell but if there is no negative news come then bitcoin price will fine. But altcoin prices is not like that, I often see the prices altcoin goes up drastically and fall suddenly which means this movement is not health there are some people who manipulated it.

Why you say so? I would rather choose up to invest on Top 10 coins rather than risking out my money on shady IEO's.Yes, it may be good compared to ICO but still
behind manipulation would be still plausible and in fact going through to purchase wont really be an easy thing specially with binance.

About talking on the bottom this had been always a question but saying on what would be the price wont really be always precise.

Hey. I accidentally discovered that this project is on the forum. https://bitcointalksearch.org/topic/annaieo-gexan-blockchain-lottery-powposmnasmart-contracts-5136520

It seems to me that today there is no sense to invest in the top 20 coins, as they will not give you any significant profits. It's time to think about participating in IEO. I can recommend a suitable project. http://gexan.io/

It may happen that Bitcoin will fall to 4.500 USD, but it will be not a crisis on the market. I guess, soon after this, BTC will start the bull run. Besides, we can never know when the cryptocurrency reached the bottom.
The demand for some crypto can be decreased for certain reasons, and, as a result, the dump will follow it. However, I am waiting for the rise of Bitcoin close to November.

i dont thinnk 5000$ is the bottom of BTC when the market is still fluctuative and few few dumps can last long, so i can say this is a FUD in order to bring investors back to BTC but will soon be dumped by whales to test the bottom 5000$, if it was not fallen, BTC will have the chance to be pumped back to higher than 6000$ in this year, i will not invest into BTC at this time and wait until the end of this month before the market make its moves.

Right now, being one of the individuals who have an optimistic point of view on what is currently happening right now in the bear market, do hereby suspect that the bottom line price of Bitcoin which is $3,200 will be its last downfall for a moment but we must expect that nevertheless, everything can be possible to turn things upside down in no time. But, with the bright side seeing a slowly but surely rise within the price of Bitcoin gives hope to all Bitcoin holders that have taken too much patience on holding up and not giving up despite of the situation to enjoy this moment even it is far away too long on what we expect the price of Bitcoin will go higher than its price way back 2017 which is $20,000. As for now, we must seize the moment and took advantage of the scenario to purchase more Bitcoins while it was still affordable before the bull run goes on once again. Which I totally did for this time purchasing lots of Bitcoins that I can afford but up to this time, I am not just holding it up but using it for a while into fun and entertainment in which I suspect to make it rise by playing gambling games into the  crypto casino I am up to playing variety of games that I love in which I am trying my luck to gain rewards in terms of Bitcoin by playing poker and a lot more as well as enjoying their great deals of bonuses for doing my deposits in terms of Bitcoin. In which by this way, I can exercise my Bitcoin usage and trying to gain Bitcoin as well while waiting for the bull run to come.

I guess by bottom all he meant is that the dip has reached its lowest point. He is not talking about the actual value over here. And why do you think the $1 USD is the bottom price for bitcoin?
Price stabilization was never a definite sign of recovery. We have seen the price being stable between $7,000 - $8,000 but in the end, the price dropped more further.
Don't just buy with the expectation of the price being pumped soon, believe me, you will be disappointed.

As for me, it isn't the end or the bottom yet because there are still lots of things to come. The market is just volatile but I believe that we could still handle the changes only if we know how to adjust. We should keep in mind that bitcoin is volatile and is always changing but isn't the end yet.

maybe bitcoin has reached its lowest price.
I also hope that the price of bitcoin will never reach this lowest price again, hopefully in the future the price of bitcoin will increase.

The current price might not be the bottom and if you have in mind to buy at the bottom then you should still hold on as the bottom seem to be below 200ma on the weekly chart.  However,  if you are a day trader you can takes little profits along the way as the market is moving along side ways and we might trying to take advantage of this in our investments process.  I strongly believe that bitcoin is going to recover this year and even at the current price is a good bargain! If you have long-term investment view, you can buy now and sell in 2020 at a good price.

Those gains were really nice; Nauticus is a real underdog and mentioning it anywhere would get you laughed at from Coinmetro shills and other competitors. I guess all Nauticus fans really started "told you so"ing once we had proof we weren't all losing our investments.
I really want Nauticus to do well, and there is evidence it will; however it's anyones guess really.

well I also think that bitcoin is already hit the bottom so it's good to buy bitcoin now, hopefully bitcoin will not go down again.

There's no reason for it to come up and it's very obvious why all of this has happened.
We had hopes and dreams of this amazing fast decentralised network and all 2017 showed was it cannot scale, most have realised in it's current form it was just a dream.
HOPEFULLY the lightning network can solve this issue and we have reason to think positive about the tech again, until this happens we have no reason to go up.

Stop trying to guess it, it's going to take action and change to bring back a bull run.. Look for that if you want an idea.

First of all , this topic should be moved to bitcoin discussion board because we are currently in altcoin sections .

Secondly , bitcoin did not reach the bottom yet because the real bottom price is under 1 usd .

Third. Dont worry because bitcoin is now stabilizing and that is a sign that the price will now recover instead of dropping more evenly  .

Fourth  . much better if you can or we can purchase more btc 's today so that we can have a chance to participate on the next pump event .

I wouldn't say it had a huge spike from the support level. Really it was only a small spike in dollar terms, I think it just looked big as a percentage because we have fallen so far. Even a hundred dollar rise looks big now, whereas in late 2017 a hundred dollars was barely noticeable.
I'm not convinced we've hit bottom yet. Maybe we have, maybe we haven't, there's not enough evidence yet.

We hope that by 2019 the price of Bitcoin will rise soon. And I'm still optimistic that Bitcoin will pump so that for now we have to invest more. That way if later there will be a high price surge, of course, we only need to sell coins.

I'm afraid the worst times will be further and BTC will drop to 2800. But still, as most BTC-holders I believe in it soon recovery. Hope very soon we will see it not only in the green zone, but also as a constantly rising cryptocurrency.

I'm not as optimistic as you are, I think it's going to go up a high and then go down. Or, the touch pressure level drops directly.

$6000 for bitcoin was really the bottom for the then time if you used a technical analysis but it has broken and did not follow technical analysis. In fact it did not follow any technical analysis in the last year. Now, I think $3000 is the bottom for bitcoin and eventually it will go down to $3k once before the bullrun.

A person's prediction is worth teaching but does not mean being trusted and can be convinced. Likewise when we predict everyone should teach what we have done with a record of each prediction made based on the analysis that has been studied. But you can see when the price of bitcoin and altcoin rose in 2017, so many experts predict that bitcoin prices will rise in 2018 but in fact this is a big mistake. This teaches us that the price of the crypto currency cannot be easily predicted, many aspects will always distinguish each prediction result.

Nauticus obviously.

Yes you've been proud of your gains but I think that's too much for you to handle since there are other members that are also shilling that NTC.

Nobody knows with 100% certainty if the bottom for bitcoin is already behind us or still ahead. Only time and future price action will clear the picture.

I agree, BTC needs to find support and rebound eventually. I'm not sure what the "bottom" will be tho. It seems like maybe $3200 or $2800 will be the bottom.

Information about sufficiently authoritative people in the cryptocurrency world has repeatedly appeared, that we have already reached the bottom of the cryptocurrency market and further decline is impossible. Although in any case only good investments are needed for recovery, because it will not work out to change the market trend in other ways.

In my opinion, there is a small chance that in the next two months Bitcoin may fall in price below the level of $ 2,800, but this probability is so small that I do not see it as a serious opportunity. In any case, in the long run, Bitcoin will continue to grow in value. Therefore, now you can safely invest in it.

In fact, I believe that the bear market has long been over, it happened back in early December last year, it may be embarrassing for many that Bitcoin did not begin to actively grow. I explain this to myself by the fact that now whales are busy increasing their deposits in bitcoin, and therefore they delay its growth.

the good news is that, bitcoin is still in the middle of its prime and we didnt even at the bottom at it. We can  say bitcoin is still hanging on to its dear life because once bitcoin reach its bottom, every altcoin in the market will be dragged by it to and nobody wants it of course.

I'm buying now but I still have cash in case btc goes down to 2000USD then I'll be all in.

With Bitcoin or Nauticus? Bitcoin is one of the only coins I actually fully trust right now. As for Nauticus, it pumped 300% from its lows and is up 50% from ICO price. That's pretty good for a new coin on the market especially since this market has been trash for bulls all year long. I think both BTC and NTS has value. This is just my opinion, but look at the NTS and BTC charts. BTC has been getting hammered (it could still dip lower), but this may be the bottom. NTS got hammered, then rose and has remained in a strong position for this past week. That's the kind of price movement that I like to see. I haven't been wrong once with any of my posts. This is not financial advice, but my opinions have made me some nice gains lol.

The issue is you've been plugging it to different threads.

There are some analysts who think the bottom is in while some others think another lower bottom in the $2000s or lower is still ahead. If bitcoin can take out $6K with conviction, then it should be up and away.

Struggling at the below and above $3,500 value means any possibilities can occur interms of price changing so for me bottom is still in progress.you are right when you said that everyone though we had reached the bottom at $6,000 then another one is the lowest of $4,000 but all of a sudden we are below that level so expect more movements everyday as unstable market still exist on our community

I don't want to think negatively that bitcoin will go under $3,000 but there's a possibility. I just don't want to expect too bad on what happens to bitcoin. The market moves slowly and people are rushing and keeps on asking on how long we're going to experience this bear. We have hit the bottom, I'm assume since I don't want to add more discouragement to myself.

I could sense some promotion going on in the part of NTS, cool. I have some of those coins I don't bother, now talking about bitcoin, I could say nobody knows, ETF is again withdrawn so maybe a lower price is now possible. Maybe a year of sideways is enough for it to breakout 

It's hard to say, probably no one has the answer to your question since we can't predict the next market movements, but we can speculate.

From what I've read (news outlets, crypto specialists, etc), a lot of people say that we've reached the bottom at around 3.2k, and from now on we'll stagnate around the current prices until the next pump wave hits the market. Anything can happen, we could actually drop to sub 3k but I think it wouldn't take too long before it goes up again due to the high demand that sub 3k will trigger in the market.

Take your shitty webite some place else 

maybe in nearly bitcoin price can hit under $3000/Bitcoin, but as you know this is just my own speculation about bottom price for bitcoin in nearly time again, and DWYOR

I think so too. he is here trying to promote the exchange of nauticus by dressing spices related to the btc movement. 

The point is I personally respond in the crypto world everything can happen, fast or slow, so we just need to be patient and calm. not easy to panic when there is negative news and not necessarily when there is positive news. we need to check the credibility of the news first.

There are probably going to be threads about this as long as the market does not recover and once it does then people will try to predict the top of the market instead of the bottom and they will try to predict as well when and how long the recovery will take and once that ends they will begin to speculate about the coming crash and where the bottom will be again, this is natural and it is probably the only thing we can predict with any degree of certainty.

Nobody can really tell you when the BTC will find its bottom. There are no professional BTC analyzers who can tell you when to sell and buy, if you don't believe the statement look up some tweets that got made by so-called crypto professionals who "predicted" that it is impossible for Bitcoin to fall lower than 6000 USD. And look where we are right now.

Trust the market and act accordingly when you feel it.

I cannot tell with full confirmation about btc bottom because im not good at finding both bottoms and peaks so i will just hope that it will be the ultimate bottom and soon btc will start the recovery with full force and gradually we will be back over the all time high levels that were attained previously.

We like Nauticus and want more volume so it can be our one stop shop. Issues?

I think its more likely to go below $3,000 I have no bases but it is a probability. For me I think its not safe to buy this time and hodl if you want to make more out of your investment at least set some good targets.

They create more discussions while plugging that at the end of the thread.

We still don't know if bitcoin hit the bottom, the next bull run is imminent. But we have no idea when it will trigger.

I am happy even if BTC goes under 1200$. This is cool for me coz I can buy more. Honestly speaking I do not mind the price of BTC now.

Imagine the limited supply which is only 21m
We already lost too many coins which are not recoverable so how much actually left?
The last bitcoin will be mined sometimes in 2100 or so (I really forgot)

Bitcoin just started.

We are very close to the bottom if we are not there yet, what I am waiting for in this first quarter is SEC stand on some of these projects under their investigations and also exchanges, because of they decided to go after big exchanges in the space than could impact the whole market, Chinese festival is coming which have history of negatively pushing down the price of BTC but the big picture is the coming halving which I believe will change the whole price talk dynamics to positive

A year ago I thought that 4000 for BTC was too high price at the moment) So I think the bottom will be near 2000 usd.

It can't be determined but it will be so long until this guy will create another thread to shilling for NTS coin. I have seen a bunch of similar thread that created by this guy in the past. When there will be no any feedback again and i believe he will create a new thread in the future.

I think Bitcoin won't drop below $ 3,000. most likely its price will rise to $ 100,000 this year. have to wait for growth

Even though Chinese did ban everything related to crypto commercial, but you should know that they still can trade the cryptocurrency because of Tether and VPN. It is not about them but instead, it is all about our overall sentiment. Right now has not bottomed yet, because we have nothing so far.
no news from media, no rumor from the shillers and what we have right now is an expectation. Usually, the market is out of our expectation that leads us to another down.
once we do not have any expectation or hope because of the dump, that is the time for us to call it bottom and the market will start to change.

I think same of you, this year especially almost holiday for Chinese new year. Bitcoin price usually down so much, even we know chinese not support bitcoin again, i still believe there are some people still have it in there.

Unbelievable that Bitcoin will not fall yet and I think the end of this month will let us know that bears still dominate and can still surprise.

It is over and now is the time for prices to recover and come back, I believe and have bought a lot to reserve for that to happen. If exactly what I set, I would be rich with selling my bitcoin at a high price, best next time 

Ya, plain advertising to promote nauticus, nothing more. I dont think that OP is really interested in our opinions about BTC ...

3 months back Bitcoin was fighting its support level between 6000$ to 6700$ for long time. Later the biggest dump occured on the market due to manipulation and the price of BTC dropped to 3270$. Since 1 month same kind of pattern is occurring in the market BTC is trading with support range of 3500$ to 4000$ and when BTC will go down below 3500$ then there is the chances BTC will be dropped between 2800$ to 3000$.

Agreed with you. This guy seems to promote the exchange. I think Bitcoin has yet a chance to be dropped a little. It will go below $3000 before the bull run. Whenever I will see btc at below $3k, I assume the bullrun is also ahead of us.

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

this move in the short term doesn;t really anything in the long term perspective. Because a lot of it is nothing but mere noise only. Better focus on fundamentals and market cycle as well. Of course being able to read technicals can be a huge advantage too.

I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent  Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC