Topic: Do you think we have had the correction point in the dip of BTC? - page 2. (Read 340 times)
January 02, 2019, 01:12:28 AM
I don't know where is the lowest point price of bitcoin because I think it's difficult to predict the price itself. But if the price will down less than $3k, then we should ready for that price and we need to prepare the money to buy bitcoin because this will not happen in the future. But if the price will stay at more than $3k, then it's good because at least, it's a good price to buy and sell in that level and I think we can still make the profit.
January 02, 2019, 01:04:26 AM
I do agree with the OP that we definitley have hit the correction point because i don't really believe bitcoin can go much lower at this rate. Also with the upcoming regulations that are coming on board it would help bring more investors on board for us to have a rise in the crypto market.
January 02, 2019, 12:25:46 AM
I personally think around $3000 is the lowest we can go, but I really won't be surprised if we drop lower to around the $2100 price point (just because you know, bitcoin being unpredictable as usual).
But just as always, in the end, no one knows.
But just as always, in the end, no one knows.
January 02, 2019, 12:23:27 AM
This sudden dump in the price of bitcoin is not something we have not seen before looking at the trend of bitcoin from history but at any point in time there is always a correction point where we hit the bottom finally and start to rise. Currently it seems the bottom settled at $3k do you think that is the correction point finally or we can still another dump in the price?
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