Topic: Going under 10k ?? (Read 464 times)

I don't think it will go under 8k value at all. This is because it will start drifting upwards before that. The value can't go that down as at the same time many more investors will be buying huge quantities of bitcoin and will be putting loads of money on stake. Thus one stage will come when the stagnant layer will form and bitcoin will start pushing itself upwards. This will surely happen at 8k because that would be lowest point for most of the crypto users. I would say people go crazy selling their altcoins also and thus they will convert everything that they have into bitcoin.

You can see that the price of bitcoin in the past few days has been extremely volatile. Bitcoin prices have dropped sharply for two consecutive days and now stand at $ 9500 and are still on a sharp decline. I think we have to be calm at this point in order to make the right decisions. I think the market will continue to fall in the coming days, so we can wait for the bitcoin for the best price to buy.

Except bitcoin to go down to 8k then begin to take off to 20 . Unless it goes below 7k which in case all bets are off .

It is normally happen if the value goes under 10k or even lower than we expected. Because bitcoin so very volatile expect the unexpected by changing price in any moment its either pump or dump. Hopefully soon it will pump up for better profit.

I believe it's going to float around 10k and then will go up to 12k... It looks like there is a struggle of price of the bitcoin.

People like to Panic without any reasons , nobody was hacked , yes was nice hackers attack on api bots and they did 100x on viacoin and got so much profits on there pockets , but people everytime will be panic and tell everybody that this is end and all is crashed

Binance hack? Can you just stop spreading nonsense? People using Binance have been a victim of a third party attack on their API Keys, which has nothing to do with Binance itself at all. It's utterly annoying that people like you are largely responsible for spreading faulty information that will be taken for granted by noobs and other empty headed chickens.

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The market experiences common volatility due to a lack of support above the $10,000 level, nothing interesting to see here. The main support resides between the $9000-$9500 levels, which should be clear by now. Nothing at this point justifies the market to increase far beyond the $10,000 level, and as long as that is the case, we'll be revisiting sub $10,000 levels for plenty of more times. I hope that Coinbase's fund will allow the market to get a boost in the very short term, otherwise there is nothing else to do other than to wait for more LN developments. These are great times for people looking to slowly continue accumulating coins around $10,000.

We all knows that bitcoin price chart is too volatile in the recent days so it is better to buy some coins when it is available for cheaper.But and binance hack also maybe the reason for this so I hope the price will rise soon.

I would not be surprised to see it happen, because crypto experts have told you about the many surprises in 2018.
IMO bitcoin will eventually achieve the perfect figure this year.
bitcoin will soon take off to reach its destination, if we manage to break the $ 15k mark in the near future, it will not be difficult for bitcoin to reach $ 20k in June

The current Preev rate states that Bitcoin is trailing around $9,850 so it is already below $10K. I think that there is a reason of psychological figure which is causing massive fluctuation in the price when Bitcoin hits $10K either from bottom or from above depending on the situation. However, i am expecting sustainable growth in the price after the first quarter of this year.

Lol. Actually i don't bother whether Bitcoin bump or dump. I will just keep calm and watch, if its dump i will buy BTC and some altcoins, And i hope will grow again. If its pump i will sell my Bitcoins. I have patience untill its grows up. So i don't worry about that. Think positive

The market value of the bitcoin is very much unpredictable and that almost all of the crypto coins are highly volatile in nature because of which we keep on listening the increase or decrease in the market value of different sort of coins.

This downfall in the market value of the bitcoin will keep on experiencing in the future as well and that you really need to go for holding of your coin at time when it falls below.

I just went out and when I came back I'm surprise to see bitcoin going below $10,000. I'm a bit disappointed, but hey, this is how the market works. On the bright side, it another opportunity for us to get it while its cheap. A good buying point at this time. Eventually we will get to $15,000 or even set another all-time-high. It really up to you to take every opportunity to buy and accumulate more. And then put your mind to not sell it until it grows at least twice ($18,000-$20,000) of your initial capital. Let's see what's the bottom this time, so another good strategy is to buy in small portions today and wait it out and see how it goes tomorrow, if it fall deeper then time to buy more.

Yeah recent price changes are too big. Easy to break 10k and come back

Stop loss alt coin down trend do not look out, do not hit the other half you learn more or move to play USDT BTC pair for safety.
Btc increase, altcoin decrease, btc stop increase + sideways, altcoint increase, btc increase, altcoint decrease, btc decrease, altcoint drop.

We even potential hitting up $8700 price basing on technical analysis and the price have gone down sub-10k, price corrections together with Binance issues can really make the price go down.Ive been waiting more for decreased price for me to enter or accumulate bitcoin and short it for a short span of time.Recovery is always there and we should know how to make money or utilize it and as a trader we do know on when opportunities come out.

The price right now has dropped a little but it should not be an issue since bitcoin is very volatile after all.So we should expect this to happen any time from now.If this price will really dump,then we should prepare our funds to buy some potential coins this time,and make profit by selling them again when the price had reached even half of it.

I guess with the recent FUD and the binance hack issue(which was just API misuse) btc will easily go below 10k but I believe even if it goes it won`t take long to recover.

Its okay for my analysis bitcoin price as of  February movement $10k to $15k ranging average price are not bad, this month are the right time to monitor the up and down price of bitcoin for the buy and sell of bitcoin buy in time of dump sell if the price goes up upto reach the highest price.

For sure, Bitcoin will goes under 9K in next 24 hours as per alleged Binance API hack:

https://www.reddit.com/r/CryptoCurrency/comments/82p64e/binance_hacked/

If it goes under 8K, I'm buying more!

Guys I think that BTC will go down to 9200 dollars, nevertheless the are strong support at levels 9900$ and at 9600$.
And the next strong support is at 9200$, I think we should not sell at panic. Just put the update the stop-losses points.
I expect that it will be the last minidump until the enormous growth.

I think it is the better time to buy bitcoin because it decreases to 9K and I think it will not decrease to 8k , right now bitcoin is rising up again so get the opportunity to buy bitcoin when it is on low price

Currently on $9k level and hopefully not to go down again. I'm still bullish with bitcoin, no matter what happen it can survive and break all the resistance just to be back on $20k level again. This year will be a great year for cryptocurrency, I believe on this.

Bitcoin's current price is low because the exchange of Binance is hacked and automatically sells the number of cryptos in the wallet of non-secure accounts. So Bitcoin is automatically sold at any price, so it drops below $ 10,000, which is understandable. However, I think the exchange rate of BTC will increase again in the next few days.

According to technical analysis, BTC may drop to $ 9k3 and then continue to rebound to $ 15k. The market is trying to challenge psychological investors to sell their last crypto coins. I think that in mid March will be a time when the whole market grows stronger, then the opportunity for you to buy cheap altcoin as present is very difficult.

Anything could happen.. price could go under $9k, it would be a good opportunity to buy more at a less price(if it goes!).

The dump may have been caused by SEC [1].

[1] https://www.cnbc.com/2018/03/07/bitcoin-just-tanked-below-10000-after-sec-says-crypto-exchanges-must-register-with-agency.html

The market is completely different from the world market, being speculative in its development it easily gets manipulated. One such way of manipulation is the ongoing price drop due to the issues that's been getting hard in China who contributes big to the cryptocurrency market.

Normally, no one knows what the next price will be like. It may immediately pumped back or it may immediately dips more deeper than 5000k. Nobody knows. But I think the low price will come back to $11,000 this weekend if possible. Moreover, the price we are seeing now is not what we are aiming for. Cause we are hoping for a hint price.

Because hell you had to create this thread to give bad luck now we are not only below and $10000 but also have a chance todrop to $9000 which will only increase the panic and we will fall even more. frankly when I see threads like this the first thing that comes in my head is "the price will drop".


nobody knows, when the panic becomes immense the price falls a lot

This is really under $10k that most expected it will not hit to reach that level again. Were not certain if how much the price of bitcoin may hit at this stage. Hopefully this time it will bounce back to go increase its value. Yes since it drops down a good time to buy bitcoin because I can sense it will recover.

I had not expect this at all.Now the price of bitcoin reduce to 9750$,so the holders of bitcoin just hold it further.We all know that two days back the price of bitcoin reaches 11570$,now it's fluctuate to lower value.So I suggest the bitcoin traders to hold the bitcoin now and if you have money means you can buy more bitcoin at low price.

Bitcoin is currently down under 10k but I think it will not go deeper under 9k. This is the perfect time to buy more bitcoin and just hold until May because the price can go to 15k

Price is currently $9779, just goes to show you know fuck all lol

Who cares about that. It's simple logic now that if it goes down then we refill our wallets and if it is going up then just sell it off. Then again when it start going down then just buy more and again sell at high. Repeat, repeat and keep repeating that's what we need guys. That way we might just keep the proper circulation of the economy and might just earn more and more profits.

You see this one, we just made profits from your bitcoin which was going under 10K.

You can see that in today's bitcoin price fluctuations are not much, currently only fluctuate at $ 10000. I think we should not trade at this point would be extremely dangerous. Bitcoin prices are at a premium and can be redeemed at any time, so if you buy Bitcoin at this time then the risk is very high.

Nah. Bitcoin can't go under 10K price range and if you watch the price closely you'll see that after the cryptocurrency blood bath the price of bitcoin is currently stable and revolve around the $10,000-11,700 price range.

Bitcoin under 10,000 USD is not really a big issue. It is just like giving an opportunity to the people around that believes in bitcoin and it's amazing prices to ruse again in the near future. I believe that bitcoin can really give us an amazing return someday if we buy it under 10,000 USD,  Because I believe that bitcoin will really rise someday because I see it's fast growing and amazing economy, so then I believe that many investors will become more interested on it and it will maybe effect the price to rise someday.

I don't think so. Bitcoin price will get back with its speed very soon. I think at the end of this month bitcoin price will reach at least 12K USD and after that Bitcoin price will go through in this way. So don't be confused and invest in this platform if you want to make a large amount profit within a short time period.

There is a lot of hope for getting the bounce back of the price of Bitcoin very soon because the market seems very good and the volume of the daily transaction is increasing day by day.

I do not agree that we need to go back to $6,000 to stabilize the price at $10,000. As of now this level is holding but I agree I think there are a lot of trader that bought bitcoin at a high price most likely they will sell their coins once it reach that price level. Getting new Highs will be tougher than last year for sure.

Im not sure if those banning news from Korea can really affect bitcoin value. 'cause I'm wondering it's been 2 days from now since the news emerge and the reaction is late.  Hmm i think Maybe there's another reason on this dump which is maybe the bitcoin now is gaining strength to rebound again.

There is a small possibility that we will go under $10,000 but I think it will bounce right away. Investors will surely buy once we hit that level. Currently I have $10,200 as a support level it may bounce once it hit this area if not then the next  but  support level I have is $9400- $9600 and I do not think this will be broken.  We are having a hard time breaking the resistance of $12,000 and I think it will be tested again for the third time after that Price will probably bounce back again to the $10,000 area and this is the time I think we will break the $12,000 and test if we can break the $15,000 resistance level.

Imho bitcoin need to go deeper 6k and 3k to get a lot of power then and will start attacking new highs , to stabilized on 10k we could get new highs because a lot of people got there bitcoins on 20-17k and they will strongly sell it when price will be near this positions.

Personally I don't think the price will fluctuates to 10,000$.If it so,it need bull fight to get back to 11,500$.I think this is the normal fluctuations in the price of bitcoin. In such conditions, I will hold my bitcoin and purchase the huge amount of bitcoin as much my ability.
If you are investing for your future, I think 10,000$ is low value to inverse in bitcoin. At this summer we can expect huge difference in the price of bitcoin.

When I know when the volume of an altcoin is large
its chance of increasing its price.

I feels like Bitcoin price was stabilized between $10K to $12K for last couple of weeks so I hope bitcoin will not fall below $10K or if that happened then it will recover soon.

Analysis of BTC dated 6 March 2018
Ok, before going to the main issue, we are going to review some of the parts that were together with the brothers in the pt yesterday just a little bit. There are some of him in this call, this swear insulting, the back to the type of ae we just ignore, maybe they are hired to do so
- After the price of two consecutive candles reversed each other (1 pinbar, 1 Doji), then with a large green candle, the big, as if breaking the current constraint is not, then It's just a trick to trick you guys not to read the pt yesterday, but read carefully, there was a chance instead of the pain in the swing, the peak.
- Unconditional, after the price of hesitant with the tug of war over more than 8 hours, the price hit the upper band of BB, the pk saw of the RSI and the ADX's growth along with the image. The cumulative pattern has been the evidence for yesterday's price dump, but I have also said that the rebound will be quite a mystery when it comes to too many obstacles, the thinness of Kumo clouds has been warned. brother. Reading here suggested that you return to the article yesterday to read a little because all the data warned for a dump price was too explicit in the article pt yesterday.
Okay, now the main problem is, do not know if some of the nonsense on you are read or not but that t should read, read to know how elegant European style literature. 😉. The next question is not pt on frame D1 and also say that a week will only pt this frame once.
+ On frame H4:
- Yesterday's price cut immediately went through two hurdles that had previously been considered strong resistance, which proves that the surprise was raised in this situation, making the young investors not just point your hands. But this surprise was so revealing when it revealed deadly loopholes like yesterday's pt.
- Sp was created at 23h on 2/3 and at 15h on 4/3 with sp was created at 7pm on March 1 and at 15h on March 4 was broken mercilessly. The price pierced me even without looking back. At present, there is only a very good resistance area, and also this region is holding the price again, do not let n escape anymore, that is 11055-11247.
- After the pumb price pushed up to 11700 yesterday, it also concludes the model ABCD model that I also mentioned in some previous pt, if anyone read and remember the more basic to not be any Dump with the last.
- At present, the median line is coincident with a fairly hard resistance was created by 23h on March 3 and 23h on March 4 pier pierced and immediately withdraw because of another accident as accident In addition, the strong resistance at 11249 is too close to the trendline, continue to tighten the price, they like to say to the candle that "Down enough, on the dike." But whether or not depends on the hearing of candles.
- Here we have a hypothesis like this. If taking a candle at 19h on 2/3 point A, 23h on March 3 as point B and 15h on March 4 as point C, then use SPF to see a very interesting thing is happening when the price touches The second warnning line was immediately turned on
- Ok, now we will mention a familiar face that is RSI. It is strange that he is crawling not suddenly because yesterday's fool does not allow RSI to be allowed to slow down even more. What is worth mentioning here is that the price has inadvertently created a new bottom divergence zone, as the warning that there will be a return of the price, along with the analysis described above has occurred just this. is a matter of time only.
- If you look at the RSI too hard because the trading range is not high then you can immediately open through Stoch that look offline. The bottom pk with the SP is broken may be back up again will happen tomorrow.
- Do you look at the MACD by chance, the mood is like t, is also tired right? Bored is not because of long or long bars, but boring here because there is nothing to say. Sr ae: 3
- ADX is also beginning to show signs of aggressive reduction and two DI lines after a long time also have signs of closer together than the signal to prepare a new flourishing?
- The seemingly random coincidence is being generated when Kijun coincides with many important obstacles. Price still can not penetrate Kijun, worry what: 3. Also Span A and Span B have created a large Kumo, no position swap in this time so people are completely secure offline. Remember that you are reading pt in 4h frame.
Today about 4h frame is long, brothers read hard to read, then praise, do not cheat. There is nothing to compliment, out, do not cheat and then be deleted ct 🙂
+ On the H1 frame:
- Actually, when you look at this frame, the first thing ae say is "*** what's going on like this"? Even though we have been warned before, we can not help but be surprised by the fact that there are 8 candles in red.

Yes it will happen, yesterday I read some articles and I found this https://www.ccn.com/china-blocking-cryptocurrency-exchanges-social-media-local-report/ and found this https://cointelegraph.com/news/south-korean-government-bans-officials-from-crypto-holding-and-trading is most likely the cause of bitcoin and altcoin prices to decline. I think the key to pump and dump bitcoin and altcoin prices is government regulation. Bitcoin and altcoin will rise if the government accepts and regulates bitcoin and altcoin as a means of transaction and bitcoin and altcoin will go down because the government prohibits the use of cryptocurrency.

10k is the first support. If bitcoin breaks it and go lower. we will see that its price ranges again from 8,000 to 9,000. The great barrier is 12,000 and its normal for bitcoin to go lower as of the moment before he breaks the 12,000 resistance.

If the price of  BTC drops under 10K, I think people will begin panic selling and price will continue falling.
Altcoins are already bleeding and they will bleed more if this happens.

The market movement will be 10K to 12K for longtime until big news & new investment coming market will act like this way. But if any negative news coming it may fall under 10K

I think there is a possibility that it would go down under 10k again. It has just crossed 10k a few weeks ago, then has got around 12k. It has been relatively stable for some time.

and if the price is going under $10k then I will prepare to place my order buy in the market so I can buy bitcoin in under $10k. I see that there is a few support in order buy so maybe the price will get down for a little. but it might change if there are suddenly many people wants to buy bitcoin at the $10k. I hope the price is not going too far if its down and only around at $9k-$11k and after reach the low price it will bounce to high price again.

To break the $12K barrier, we need new sets of investors. How can we get if there are constant FUD going around. We have been seeing a steady growth in the last 2 weeks pushing the price above $11K but the sentiments suddenly chance to a bearish one. And now we are fighting just to stay a float at $10K.

But its barely a week in March. I still not giving hope that we can get to $12K at the end of the month. Just patience and make some contingency plans on your end if something worst happen though.

Better to keep an eye inside the exchange, I think if the value falls to below 10k$ then we will expect more downside so better to make sure to have additional plans to make sure that you are still in good position, but if the trends start to  rise and more positive news showed up and push the value to
break 12k$ then we are going to expect more positive movements and more new investors to join in.

9-10k support bitcoin let’s see what will happen in few days. It seems to be sideway again stoll hard to break thecresistance 12k he need more colume and power to break hope for new good news and some good projects. Just follow your plan of trades and focus on your stop loss and buy back or  if you do cost averaging then set it in low price . Hope next month there some good movements to our crypto markets.

Worth to mention is the $10 support is a strong psychological level. I'm sure Bitcoin will hold on the support level, and stabilize just above the $10k marks. But yeah, its highly speculative assets, any possible outcome could happen anytime soon.

I hope not because if bitcoin go under 10K it will falling until 7K - 8K ( my prediction ) and will make me loss. For 10K I can say is stable and we can start buy back in this area. The market is slow because to many news speculation and mostly not giving serious impact. Just replace little money at 10K and see the next move of price action, follow the direction and you'll get profit.

I think the market is recovering if bitcoin can break through the resistance level of $ 10,800 and hold higher, it will reach $ 12,000 in a short period of time.

it looks like bitcoin prices have started bouncing again and the price is only up at about $ 10,500 only and if you look at the graphics in this image quickly the price again bounces again

Maybe but it's price will go up again. The price of Good coin like bitcoin will not go down to the end because many people are actually interested in this coin. Other coins like ETH or XCPO also bounce after those price are fall. Let's be honest, if someone will give you $10,000 in cryptocurrency then you will choose to receive it in form of bitcoin, ETH or XCPO? I am sure that you will choose bitcoin.

At present the market looks to the direction of support 10800. Chances to go out below became less.

The price of bitcoin was dropped a lot just yesterday and I think it is because of the news about spreading scam sms related to bitcoin.

And also the news about regulating bitcoin in China this might be the reason of the drop yesterday, but I think it will stay at $10k.

However, expect that the price would increase again back to $11k I saw the market just now that the price is increasing again and the movement is bouncing back.

After the regulation of bitcoin in China, possible that the price will slowly increase more this coming months.

Same thing as always, although i wish we would finally break 12000.

Nothing to worry dude! There are no significant movements for BTC. The price is within the trading range I’m expecting 11,700 USD support and 9,600 resistance line. This will go for at least 1 week. Volume of trade is also normal there is no significant activity aside from the news I read about the “comprehensive strategy for crypto being lobbied by Trump Administration” – source https://www.coindesk.com/trump-justice-department-rosenstein-crypto-strategy/

It's just the same as we've seen in the last weeks. Bitcoin grows to 11.5k-12k struggles to break down the resistance and then drops down to around 10k. It got closer to breaking down the resistance this time. It will be back soon and next time I think it will break the resistance. The support seems stronger.

TBH im not too worried about this what is potentially a minor
fall back. We need to bear in mind this latest news from China
and consider whether it is in fact reported correctly.
It will be short term no mater what.

Bitcoin has iron support at 8000 dollars today. If you take the practice of the past years, bitcoin must enter a rapid growth until the end of March. But this year it is being tried to control on a national scale and for this reason bitcoin can grow very slowly this year!

A strong volume at the level $10k so I think we will not go lower than that price again. Bitcoin are slowly recovering, I believe we are now in a consolidation level on which inverstors are trying you secure some profit and then buy more later on.

Yesterday I watch the last update it was 11k then I supposed that it will get high. We don't able to be afraid for it may risk for everyone so  stick with the plan for yourself. I see it last year but it surpasses the last fluctuations wihich is 15k how cine that far so people might enjoy the big changer for this time.

Actually we should not expect the bitcoin to resume an upward trend similar to that observed in 2017 given the understandable reluctance of new investors to put their capital in an asset that has proven to be volatile enough to scare even the most risky investors. In fact, if we take into account that a few days ago the bitcoin came to be below the $6,000 line, the current price around $11,000 seems quite positive given the terrible expectations of many.

I think the support on $10K is currently holding so I guess we are not going under. However, we all know how volatile this market is so I can't say for certain how long that $10K is going to hold.

about a month ago, we can seen this situation as well. I personally thought that we will not go below $10K at that time because we hit $11.7. Unfortunately it did so I thinking that we might see the same situation again. But I hoping its not going that route again because its another up hill battle to recovery.

Is BTC Going under 10k??

Or that's the support to bounce?