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Topic: Has the Bitcoin Price Bottomed? - page 5. (Read 868 times)

sr. member
Activity: 1041
Merit: 273
March 07, 2018, 06:26:53 AM
#36
I think BTC price has been recovered since the last dip in Feb. Isn't it?
Yeah it is. Bitcoins have revived their price rates since last month. But I don’t know why this recovery is so low. Usually bitcoins always shown marvelous come back every time, but this one is not satisfactory. Maybe the control of whales becomes stronger enough for taking down the market. Still, we are so hopeful bitcoins shows some speedy recovery and price charts may shoot up.
legendary
Activity: 1147
Merit: 1007
March 05, 2018, 11:20:56 PM
#35
Yeah it is bottomed, better buy the dip quick as the pump is coming soon /s

To be honest it is just like gambling, you don't have the crystal ball and no one can predict the future, just invest with your own risk.
No it is not like gambling, you can affect your results and your chances of winning and that is very different than almost all the gambling games however those that invest without any real knowledge could be said to be gambling with the disadvantages you get no fun, the odds are way worse than with gambling and that you are gambling with amounts of money way bigger so the losses of those people which treat investing or trading as gambling will be bigger.
I don't treat trading a gambling really, since we can do research ahead of time or everytime in trading that can allow us to think if it is worth holding or investing, if we think trading as a gambling, when in fact the results will only depend on how we do it not by any means of luck.
newbie
Activity: 28
Merit: 0
March 05, 2018, 10:53:29 PM
#34
Your best bet would be to approximate the trendlines prior to the bubble (Tether margin trading which started around March 2017) and see where those would end up today. This is known as the mean and is where markets typically end up after a bubble pops.
My own estimate is around 3k to 5k for the mean, depending how optimistic about bitcoins real growth you want to be
During a crash however, there is usually a period of overselling that causes prices to break under the mean, so in that sense there is no bottom if a crash occurs.
newbie
Activity: 4
Merit: 0
March 05, 2018, 10:41:47 PM
#33
In 2017, the currency is one-sided, but 2018 fluctuation is bigger, now everybody is lack of confidence to the market, as long as slightly enlarged volume will cause prices, I think you can do some band more appropriate!
newbie
Activity: 51
Merit: 0
March 05, 2018, 10:41:05 PM
#32
I think BTC price has been recovered since the last dip in Feb. Isn't it?
member
Activity: 420
Merit: 10
March 05, 2018, 10:31:28 PM
#31
Market part of btc increase from 34 to 41 percent, i think this year we see again altcoins die
newbie
Activity: 40
Merit: 0
March 05, 2018, 10:27:04 PM
#30
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?
I'm pretty sure we will see a $6k or close to $7k price level one more time before it goes steady up to $16k
but you can "somewhat" take the advantage (and risk) of current downtrend price
by doing tweaked DCA, buying at $9k (10%), at $8k (20%), at $7k (30%), and $6k (40%) if you believe $6k will be the bottom level
the % is the % of total fund you are willing to put into bitcoin  Tongue  do it at your own risk and discretion

Look l would be just as happy to see it hit that 6000 again and double bottom off it. Only time will tell, so much FUD out there it is hard to know what to believe, but l am with you on the DCA.

The bitcoin market has always been an indefinable area, its prices are always the same ups and downs and the roller coaster, bitcoin prices plunged early in February all the way now actually approaching the highest point in history. So it is obvious that bitcoin is bottoming out.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
March 05, 2018, 10:22:39 PM
#29
Yeah it is bottomed, better buy the dip quick as the pump is coming soon /s

To be honest it is just like gambling, you don't have the crystal ball and no one can predict the future, just invest with your own risk.
No it is not like gambling, you can affect your results and your chances of winning and that is very different than almost all the gambling games however those that invest without any real knowledge could be said to be gambling with the disadvantages you get no fun, the odds are way worse than with gambling and that you are gambling with amounts of money way bigger so the losses of those people which treat investing or trading as gambling will be bigger.
full member
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
March 02, 2018, 11:26:31 AM
#28
Yes the price was bottomed but now the price has started increasing and will increase a lot. So its the best time to invest in it and it will give you good profit in future.
newbie
Activity: 45
Merit: 0
March 02, 2018, 10:11:52 AM
#27
After the first profit, you will be happy and you will continue to invest because you will understand that it really makes a profit?
full member
Activity: 490
Merit: 102
February 25, 2018, 09:26:01 PM
#26
Yeah it is bottomed, better buy the dip quick as the pump is coming soon /s

To be honest it is just like gambling, you don't have the crystal ball and no one can predict the future, just invest with your own risk.
copper member
Activity: 1
Merit: 0
February 25, 2018, 08:59:22 PM
#25
How much lower can it go?
newbie
Activity: 56
Merit: 0
February 25, 2018, 08:38:44 PM
#24
my chart has bitcoins bottom being some where around 8K give or take 500  Roll Eyes
hero member
Activity: 1078
Merit: 501
February 25, 2018, 07:59:16 PM
#23
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?

In my opinion, it will still go down more if the bitcoin experience another crisis, because most of us makes panic selling because of the fake news that they are hearing. It is better that don't believe on those lies and fake news because the truth no one can actually know what will happen with bitcoin especially in the future.
full member
Activity: 784
Merit: 123
February 25, 2018, 07:49:22 PM
#22
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?

Hopefully it won't make other marketers to dump more and also create scenarios that make newly crypto investors to-do panic selling that really contributes a lot of price decrease. I may not be worried of its down cause I believe it bounce back again after all dumpers done but totally a long way to wait for such moment.
jr. member
Activity: 84
Merit: 1
February 25, 2018, 07:02:59 PM
#21
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?
I'm pretty sure we will see a $6k or close to $7k price level one more time before it goes steady up to $16k
but you can "somewhat" take the advantage (and risk) of current downtrend price
by doing tweaked DCA, buying at $9k (10%), at $8k (20%), at $7k (30%), and $6k (40%) if you believe $6k will be the bottom level
the % is the % of total fund you are willing to put into bitcoin  Tongue  do it at your own risk and discretion

Look l would be just as happy to see it hit that 6000 again and double bottom off it. Only time will tell, so much FUD out there it is hard to know what to believe, but l am with you on the DCA.
newbie
Activity: 139
Merit: 0
February 25, 2018, 06:53:16 PM
#20
To make sure we do not know for sure, but I think this is a very good opportunity to start purchasing, and maybe this is the base price for now, hopefully.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
February 25, 2018, 06:53:10 PM
#19
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?


We cannot say that for now, but hopefully it is. This coming march I think bitcoin will back on its rhythm and go beyond on our expectation. Let's be more patience and bitcoin will survive. Let's just stop on spreading FUD news for sure investors will be back on time.
newbie
Activity: 52
Merit: 0
February 25, 2018, 06:52:09 PM
#18
I think it's because of the hard fork that bitcoin price is bottom but we should not worry about what we know about the bitcoin price situation, but focus our attention on the good bitcoin for us, if the bitcoin the sauna has a ($9k) USD we also hope to return it to a good amount.

You mean Bitcoin Private? And they sell before the snapshot? That's an interesting point of view, I thought people were nervous about the world leaders getting together to talk about Bitcoin clampdowns.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
February 25, 2018, 06:50:35 PM
#17
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?
I'm pretty sure we will see a $6k or close to $7k price level one more time before it goes steady up to $16k
but you can "somewhat" take the advantage (and risk) of current downtrend price
by doing tweaked DCA, buying at $9k (10%), at $8k (20%), at $7k (30%), and $6k (40%) if you believe $6k will be the bottom level
the % is the % of total fund you are willing to put into bitcoin  Tongue  do it at your own risk and discretion
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