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Topic: discuss the market? - page 11. (Read 1185 times)

full member
Activity: 476
Merit: 105
June 23, 2018, 10:14:18 AM
#45
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
It might even go lower but that is just another speculation like what we are doing right now, $5,000 is possible as the lowest point it takes this week was $5,800 plus then bounces back to $6000+ even other people are speculating crazy prices like 3k or 2k lowest point to predict right? well, it's free to speculate as long as you are not spreading Fuds, it may go up anytime but the time will tell when it will be going to happen.
legendary
Activity: 1554
Merit: 1054
June 23, 2018, 09:55:12 AM
#44
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Since this was posted a few days ago, during that days everyone is quesioning if the $6,000 support level will hold. I do not understand people why they doubt it. The $6,000 support area have been tested multiple times. That is the strongest support level we have.
Where are you getting your own from because I believe it is not the same chart we are looking at $5900k has not been tested so many times and we only got very close to it recently when we had a quick bounce around $6130 which still shows the momentum to go upward the more is not there yet and may give us the chance to go test it. It is an expected support but if it does not hold, we have another support at $5500. So, I guess we will just have to wait and see.

These down trend market nor uncertainty about the reversal points are not a concern for a long term holders like me hence discussing about these markets are just a waste of time in some sense. Probably if you look for buying more then this must be a right discussion and you must take actions to buy right away.
legendary
Activity: 1442
Merit: 1025
June 23, 2018, 03:53:48 AM
#43
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
I really would not be surprised and as long as we end up breaking the $6k downward, I expect to see a fast movement to that point and the possibility of testing $5500 or even going as low as $4k+ region. Nothing is certain yet though and in a matter of days we will get to know. The market as it is now is so hard to predict until we see some change in trend in some matter of days which will possibly try to go test the $7200 region from a bounce that would occur from the current movement downward.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 23, 2018, 01:36:58 AM
#42
Today I find the market is not feasible, maybe they will never grow up, and today, many people have abandoned the market Crypto, perhaps in the future, the price per altcoin continues to fall. . So do not rush to invest now, waiting for the better price.

Altcoins will fall due to the drop in price of bitcoin. If the price per bitcoin is pegged to USD then you can compare the two. In general if there is a drop in bitocin price dont buy or sell altcoins. You should buy more bitcoin if you want to stock up. But at the price its risky to buy since price drop occurred by 700$ and its not a small amount looking at the market capitalization of bitcoin.

Yep it could be down the price of bitcoin around at $5k but I'm sure that it will increase the price of bitcoin again because investors will buy that cheap price.
How cheap is the question. Some whale can start pumping the coin and prices will reach higher values within a day.
full member
Activity: 1344
Merit: 102
June 23, 2018, 01:29:12 AM
#41
Yep it could be down the price of bitcoin around at $5k but I'm sure that it will increase the price of bitcoin again because investors will buy that cheap price.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
June 22, 2018, 09:09:21 PM
#40
Better wait for the right moment, bitcoin still make a storm. I don't know it will end up until when. indeed if you invest some altcoin it can be. choose the altcoins which are in deep price if seen from the previous history.
newbie
Activity: 133
Merit: 0
June 22, 2018, 07:37:54 PM
#39
The cryptocurrency is full of whales that controls the market but it wasn't suppose to be so. The market has been experiencing dumping since January. If it cointinues that then bitcoins will be at 3000 USD price soon.
newbie
Activity: 112
Merit: 0
June 22, 2018, 05:35:46 PM
#38
Today I find the market is not feasible, maybe they will never grow up, and today, many people have abandoned the market Crypto, perhaps in the future, the price per altcoin continues to fall. . So do not rush to invest now, waiting for the better price.
sr. member
Activity: 1313
Merit: 302
June 22, 2018, 02:04:44 PM
#37
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

I was waiting for that movement.Because I know it not easy to buy bitcoin at 5000$.I mean bitcoin will not reduce  to 5000$.
Now the price of bitcoin reaches 6200$,which mean the price started to increase again.My suggestions for you is just hold your valuable bitcoin instead of selling at low price.
member
Activity: 228
Merit: 10
June 22, 2018, 01:52:40 PM
#36
The market is in very bad condition right now. Governments are afraid of crypto, so they are speciality creating FUD, people who do not understand what is crypto and only invested because they want money are selling. Crypto market needs huge positive news to recover, but I am afraid this will not happen soon.
hero member
Activity: 840
Merit: 508
Make winning bets on sports with Sportsbet.io!
June 22, 2018, 01:46:32 PM
#35
I personally think that Bitcoin is in very bad waters right now, and it will take some significant good news to bring it out of the red for any major stretch of time. Right now, we're in a sea of negative press, FUD and hysteria about cryptocurrency, the weak hands are selling and the market is being flooded with coins from Mt Got dropping the price. The price will not increase considerably until there is a reason for it to do so.
hero member
Activity: 1274
Merit: 622
June 22, 2018, 01:42:18 PM
#34
I think that soon (about this summer-autumn) the market will start to recover. I think that this large decrease in price was caused by BTC whales and soon they will change the situation, because long-term decrease might scary people and reduce the number of new purchasers, therefore whales can lose money and they don't want that.
jr. member
Activity: 73
Merit: 8
June 22, 2018, 01:26:48 PM
#33
Today, for the fourth time since February, the price of bitcoin has almost touched 6000 dollars. The glasses and buckets here are huge and I think that's the key point. If all the same bitcoin will not be able to break this mark for the fourth time, I think we can safely say that this is the Bottom and from here it is necessary to gain positions in long!.
full member
Activity: 382
Merit: 104
❤️❤️❤️
June 22, 2018, 01:18:40 PM
#32
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
This market will last at least another year or two. Now, while at this time, firmly occupies a worthy place in the world that would have paid attention to him. But society will sooner or later come to the crypto market
sr. member
Activity: 882
Merit: 269
June 22, 2018, 12:36:17 PM
#31
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
I agree with you bitcoin maybe heading towards $5,500 and turn out stronger as many bots and trading softwares has placed buying order around that area.
The current downward movements seeing to be coming to an end and $5000 seem to be the bottom or were bitcoin fall to in March.  Many speculators are also saying the bottom should be around $5,000 and from there bitcoin may push towards $12,000 and a little corrections to $10,000 or $9750 before resume it December last year trending.
I just checked the bitcoin current price at 1fox and it is around $6,178. From this area bitcoin can reverse up and to me anything from next month we may began to see steady grow.
newbie
Activity: 178
Merit: 0
June 22, 2018, 09:05:03 AM
#30
I think nowadays market is down trend.and i it still remains down trend for some days. It recover slowly. Hopefully market prices should be increase soon and as back to its rising back.
full member
Activity: 406
Merit: 100
June 22, 2018, 09:02:51 AM
#29
I think the bitcoin will rise again in a relatively short time after various bad issues about the cryptocurrency world subsided so traders should be able to use it as best as possible to achieve a success in the future.By buying bitcoin in large quantities.
newbie
Activity: 98
Merit: 0
June 22, 2018, 08:48:39 AM
#28


After Bitcoin madness rises near its peak in the last few weeks of 2017, some investors and analysts in the field of digital forex prediction will face many challenges during the year. now on. More and more organizations are involved in digital money
newbie
Activity: 56
Merit: 0
June 22, 2018, 06:48:41 AM
#27
I definitely agree, hodling only really makes sense from an ICO price or shortly after and even then projects from here on out will start disappearing.  We are definitely in a massive MASSIVE ICO bubble with the amount of projects coming into this space and most cannot survive.  My spin is also everyday you're holding is a day you aren't making money, which is the same as losing.  This market really only has about 2-3 years of easy money left before it becomes a lot slower and less volatile... it seems crazy to me to spend that entire time just hodling one project,

As far as the market I think we are in a dumb zone.. I don't intend to really participate until we decide that we are closing on a daily candle above 6800 or if we're gonna fall flat and retest 5k (or even 4.5k)  Right now I'm sort of neutral bullish, meaning I think the end of the bleeding is really close, its just a matter of how bad capitulation makes the last little bit bleed. The manipulation behind the infamous bart candles leads me to believe that someone knows something behind the scenes, which I think will be the catalyst to get all of this to stop... which is the Bitcoin ETF for large players will be approved with Ethereum now following shortly after.  I definitely am not comfortable shorting or longing this market on leverage, and am instead focusing on other things waiting for Bitcoin (or its manipulators) to find its way... Hopefully soon, perma-long to 50k.
 Grin Grin
member
Activity: 260
Merit: 15
June 22, 2018, 06:35:11 AM
#26
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

I feel that market may remain down to subdued for atleast couple of months. But I see recovery coming sooner or later in the market.
Bitcoin has again been successful in holding $6000 mark, and I personally feel that, till this level is not breached market won't go down.
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