Dip over? - page 2. | Bitcointalksearch.org

ethereumhunter

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Quote from: Hexah on January 19, 2018, 10:33:30 PM

I am sure the dip is really over as per total market cap by now of over $830B right now I think that is pretty fast to regain that capital for a just couple of days after the dip. I would really say that on the coming months I will se a trillion dollar for it's total. And I am also having faith of what John Mccafee said that cryptocurrencies will never come to an end because there are to many people sharing FUDS all over the internet during the dip but it didn't threatened me but keep holding of what I hold.

there will be a time for bitcoin to rise again and I agree with McAfee that said cryptocurrencies will never to an end because this is a new technology that we need to follow and it will give some benefits for us and will change our lives in the future. I am sure that bitcoin will increase more this year and we can see that bitcoin will have a new phase which more people will attract to bitcoin. although there will be a dip over that might be happening in the future, bitcoin will still survive.

Fippy

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It is over for me, but maybe some altcoins will keep going down for a while untill all the trust that is "lost" will flow again to the markets in form of money, lmao.. But yes, some altcoins are bleeding right now, like QSP.

Hexah

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I am sure the dip is really over as per total market cap by now of over $830B right now I think that is pretty fast to regain that capital for a just couple of days after the dip. I would really say that on the coming months I will se a trillion dollar for it's total. And I am also having faith of what John Mccafee said that cryptocurrencies will never come to an end because there are to many people sharing FUDS all over the internet during the dip but it didn't threatened me but keep holding of what I hold.

Captain_Planet

full member

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Its certainly not over yet, the crypto market is still very much uncertain and waiting for the updates from China and Korea.

ICOcosmos

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Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

This might have been the dip or the beginning of the new downtrend. Seeing as so many people are trying to enter the space I Think its just the dip.

cicciobtc

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Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

I think that soon it will return to run upwards.
It is impossible to think that the value can only increase.
The history of the btc teaches us that there were abrupt dumps but then the value has always marked new records.

vinbentrob

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Lets hope so! Bitcoin has rose more than 10% in the last 4hrs. Some Altcoin are also recovering though the recovering is slow. This month is probably will be dominated with bear!

CryptoRothschild

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Which Fibonacci level did we reach in this dip? Knowing this is useful to understand if there are further possible Fibonacci retracements sitting and waiting even lower.

Mankov

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Cryptos can recover very fast, too fast, in many cases. I`m not sure if analayzing charts makes sense in cryptos.

Example:

https://coinmarketcap.com/currencies/cindicator/ Shocked

Cryptosenf

newbie

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Right now i'm thinking we will see another dip. If not i missed a good buying-opportunity Cheesy

Arlibtchunt2018

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Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

In my view the dip that happened is not the worst. It might happen again and it will go lower than the last dip. It would be the best opportunity to jump in.Expecting the next dip would occur in the next few months.

Flor1982

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Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

Maybe the crash is over or all coins that owned by the South Koreans are all dumped as they have no choice but to dump their coins but still we must not relax because we really don't know what will happen next as their are no confirmation from the news that bitcoin and other coins are bouncing back that the crash is over and we survived again from this corrections in which is already part of bitcoin history.

FrueGreads

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Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

I know the basics from technical analysis, and looking at the daily and 4h charts I would say that the market is still divided and we are not out of the woods yet. Bitcoin is holding support at the $10k, and every time it crosses that mark, it finds it's way back up, and this is a good sign. On the other side, it's facing resistance at $12k, so we need to see a break of that level, and then follow through so that we are sure that the recovery is taking place. Right now, I think the market is in equilibrium between those to levels, and it might stay there for a few days, before another break occurs. Only on that break we will see if we are "safe" or not.

For the long term holders nothing of this should be a problem though, because if we look at the weekly charts bitcoin is still performing very well. We had a big run, now we are having a pullback, and we will probably continue the uptrend.

lablab03

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Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

this is not the first time that bitcoin fall dip. Cause in the past year we experienced the most worse dip ever which is bitcoin price turn back to 6k but after a days it jump to the high value. And this circumstances is not the worst price of bitcoin drop cause it still in a high price.

crypto33

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Wouldn't bet on it. I'm holding off any trading until we see some kind of confirmation that the bulls are back in control. It's almost impossible to predict a sideways market. Having said that if we see a significant drop to around $8000 I think we might then bottom out at around 6k which will produce a great shorting possibility.

Just my 2 cents though.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: traderperspective on January 18, 2018, 06:24:52 AM

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

I think we can get increase soon although the price now is up and down too much. but I don't know what will happen later because cryptocurrency especially bitcoin is too volatile and could make every people get panic. but maybe $9231 is the lowest price that we've seen and it will not be dropped until that price again.

vijendra singh

newbie

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It is very difficult to say till now that Dip is over. We are hopeful the Bitcoin rates might go up after this correction but still traders are not feeling safe. If it crosses 14000$ then we may call it Dip Over.

Lets hope for the best !!!

political1907

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I think it is not over. It will continue to stabilize for a while. But soon we can see dip again. So we must be cautious.

Nerman

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I am pretty sure no one can assure you a 100% that the dip is over and to be honest i was wishing for the prices to go further down so that i could buy more. If you have studied your coin and confident that what you have is a great coin. No matter how deep the price decline you do not need to worry because in the long run you will definetely gain profit.

boyshx

sr. member

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We can't predict that so surely at this moment
We need to give at least another one week for the recovery and then we could talk about different analysis here. The market is uncertain in many ways for now. We don't know the after effects of different bans and neither do we have any clue about the future bans. They could be tomorrow or never. Let's keep the watch for some more time buy for now we could just say that we are in neutral stage.

Topic: Dip over? - page 2. (Read 524 times)