Did we just bottom out? | Bitcointalksearch.org

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: topper26 on February 02, 2018, 08:19:36 AM

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

NEGATIVE.

Bottom target of $2-4k.

Why? Because this shit moves way to hard in both directions.

I do not recommend selling, HODL tight but be ready to buy IMO. I am.. are you?

FLoving

hero member

Activity: 1022

Merit: 521

Quote from: alyssa85 on February 02, 2018, 08:33:01 AM

Quote from: topper26 on February 02, 2018, 08:19:36 AM

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

It's too soon to say. We could have another move downwards - the $7800 line will be tested a few more times. Prepare for a wild weekend.

The space is now clear for bitcoin the traders are earning now with ease now the investors are thinking to put their money with which they were waiting for a good time and now I will say is the good time and now everyone knew that not any news can harm bitcoin forever so it is foolish to our coin with any news cracking on bitcoin. The price of bitcoin will increase in any way and those who will sell will lose their hard earned money. while those who will wait and will hold for longer will get the real benefit.

sjefdeklerk

jr. member

Activity: 154

Merit: 8

SODL

bearish pattern head and shoulders now, will make new lows soon

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Bottomed, for now, but I do think that we're still in for more surprises in the coming days considering that there isn't enough power on the buying side to combat the selling pressure from the bears. It seems like they're trying so hard to get those coins from the noobies and are trying to create some panic in the form of fake news from India and South Korea. The price currently holds @ $8600-$9000 range and haven't visited prices lower than that in the past 2 hours or so. No incentive to go down harder or go up a bit, so this would be a stalemate for a few days between the bears and the bulls.

BitHodler

legendary

Activity: 1526

Merit: 1179

I have said yesterday that the bottom could be in the $8500 to $7500 range, and thus far it has turned out exactly like that. I however also think that it's too soon to celebrate, so we'll have to wait a few more days.

I personally hope that we'll be consolidating at any level above the $10,000 mark in the coming weeks, but the main thing this market isn't really firm on the support ~ support levels don't seem to form any barrier at all.

But hey we're still standing far higher than last year on the exact day. Lowest price last year was ~$750 and this year $7625, which is quite a similar pattern, and one that may turn out to be everything but coincidence.

criptix

legendary

Activity: 2464

Merit: 1145

We will have one more leg down and then bottom out for now.

Not enough volume yet!

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: topper26 on February 02, 2018, 08:19:36 AM

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

It even went back hours ago to $9,100 but it went back again at $8,600. What's on my mind that we just bottom out and it haven't reached $7,500 but it was so close. I'm only hoping that $8,000 is going to be the strong support. This price isn't bad after all the dips it went through but I'm pretty sure that bitcoin will be raging back but in a positive way. We are not even rushing, slowly but surely it will be healthy.

Gameroid

hero member

Activity: 798

Merit: 501

Quote from: alyssa85 on February 02, 2018, 08:33:01 AM

Quote from: topper26 on February 02, 2018, 08:19:36 AM

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

It's too soon to say. We could have another move downwards - the $7800 line will be tested a few more times. Prepare for a wild weekend.

Bold and patient investors will always bear the situation in a good mood. We have so many experience in past, when China banned ICOs and the price fell down to 1800$, but after that there was a boost and rapid increase in bitcoin price, i think same is the situation here and we need to take a right decision in such panic and crucial situation because our future is depending on such decisions.

MiLkz

sr. member

Activity: 623

Merit: 304

I personally thought the bottom was going to be ~$8k. I don't see good things happening if we test it again Embarrassed

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: topper26 on February 02, 2018, 08:19:36 AM

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

All this hype around Bitcoin and altcoins will never let traders and investors sleeping these nights. However, there is still a possibility the bottom is not reached yet.

bamboylee

hero member

Activity: 1148

Merit: 504

It is slowly recovering but I do not say we are out of the woods already. It has been this way the whole january, it will recover by weekend and fall on weekdays. It may recover a bit this weekend.

fabiorem

sr. member

Activity: 1400

Merit: 347

Didnt see it on 7000s.

If it bounced back, maybe we might go up, but the chinese new year is not here yet. It can be a bull trap.

alyssa85

legendary

Activity: 1652

Merit: 1088

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Quote from: topper26 on February 02, 2018, 08:19:36 AM

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

It's too soon to say. We could have another move downwards - the $7800 line will be tested a few more times. Prepare for a wild weekend.

topper26

full member

Activity: 165

Merit: 101

Went as low as 7800 back to 8200 now. Pretty wild day 100 billion loss for all crypto in 24 hrs

Topic: Did we just bottom out? (Read 251 times)