Topic: Have we hit the bottom? I think so. - page 4. (Read 481 times)
I don't believe that Bitcoin has reach bottom at its current market value because there is tendency that its value may likely decline below the $6000 in the couple of weeks to come and will definitely bounce back from there to the moon before the end of October to November this year.
Yes, today at a very low price, this is probably the bottom price of the altcoin, now the market dropped dramatically and investors are now extremely afraid. Patience is the key factor right now.
To me we are at the bottom and we should expect some ranging trend at this level for some days before serious pump. The way bitcoin recover above $6,000 is a sign that bitcoin will not be comfortable remains under $6,000. Also op thank you for remind us this as this is highly expected.
I think bitcoin could hit harder than just under 6k and although the bitcoin market seems to recover quite quickly i.e. small price fluctuations within days means that the stability of the market remains questionable still.
I think we have hit the bottom ($5800-$6000) but we can hit it again and again, long term investors buy at these prices but it is much more important for traders.
Market conditions are unlike the last bear market. Investors severely underestimate FOMO and how short memories are. The next bull run will catch people off balance.
Newbie investors have never seen the speed at which the price can rise. Even these new financial traders who are used to slow stock market rises will be caught off guard. Just a few days off due to illness can cause you to miss a fortune on a bull run
There is no tomorrow for Bitcoin markets, hence there is no highest, no lowest for Bitcoin. The fate of Bitcoin's price is decided by millions of investors around the world every second. So instead of asking others, ask yourself do you think Bitcoin is worth to believe at $6,100 because Bitcoin's prices are nothing but fluctuating trust of people on Bitcoin. So if majority of people now think Bitcoin is a commodity worth of $6K then yes, we hit the lowest and ready to fly with increase in trust in upcoming days.
When will Bitcoin see all-time highs again?
this is a question that many people would pay a lot of money to have the answer. But I think we can see all-time highs again in a few years, maybe in late 2019 or even late 2020 may be possible. This year proved to be a very difficult year because of regulations, the price has dropped a lot and many analysts' forecasts have failed.
Give it a shot and let me know what you guys think!
I just hope that the regulation is not too rigid and that many governments and banks look at cryptos with good eyes and do not look at cryptos as if they were an enemy that must be fought
The regulation depends on the country, but we have seen the major powers be pretty reasonable when it comes down to it so far
When will Bitcoin see all-time highs again?
this is a question that many people would pay a lot of money to have the answer. But I think we can see all-time highs again in a few years, maybe in late 2019 or even late 2020 may be possible. This year proved to be a very difficult year because of regulations, the price has dropped a lot and many analysts' forecasts have failed.
Give it a shot and let me know what you guys think!
I just hope that the regulation is not too rigid and that many governments and banks look at cryptos with good eyes and do not look at cryptos as if they were an enemy that must be fought
Market conditions are unlike the last bear market. Investors severely underestimate FOMO and how short memories are. The next bull run will catch people off balance.
We don't know if this is the bottom yet. It's way too early too tell.
We probably hit the bottom for the next few days or weeks since we are very oversold but whether this is the low which will take us to a new ATH is unknown.
Despite the fact that we are sitting on the yearly low support there is no other indicator predicting that it's a valid support area.
We probably hit the bottom for the next few days or weeks since we are very oversold but whether this is the low which will take us to a new ATH is unknown.
Despite the fact that we are sitting on the yearly low support there is no other indicator predicting that it's a valid support area.
To me we are at the bottom and we should expect some ranging trend at this level for some days before serious pump. The way bitcoin recover above $6,000 is a sign that bitcoin will not be comfortable remains under $6,000. Also op thank you for remind us this as this is highly expected.
There was so much fear in the market yestaday when bitcoin fell below 6k.but it quickly recovered above 6k in just a couple of hours. I think bitcoin will always stay above 6k and will someday spike. That's when every one will come crashing in again.
That's all we are hoping for. We are hoping this is the low we are going to hit so that the days incoming will be with good news
Hitting the bottom? bottomed out? around the bottom? good chance to buy? buy a dip? long term investment? keep holding? don't panic sell and so on. Bla bla... let's the market makers do their jobs and please don't predict the whale's action because it's useless to give any reasonable explanations at the moment.
I agree with this. It's really impossible to predict the bottom or top of the market.
If everyone knew that late December to 1st week of January was the high, everyone would have moved out of the crypto trading market.
Considering the pre-rally price and the user base, I believe that there is no reason for Bitcoin to fall any further and hence it is a bottom for the time. On the other hand, I am expecting the price to recover in the second half of this year and we might see a fresh all-time high level in this year itself. The correction of 65% stabilized the Bitcoin and now the price will move upwards in the coming months until next rally but big whales and institutional investors will definitely try to manipulate the situation as per their investment strategy.
We are already in the second half of the crypto currency year and I dont see any good news coming along the way. What we really need is whale support all the time and unless and until they wont stop there so called manipulation of the market then we are not seeing any good news around. Its because of decentralised market, we are helpless here. The rich bastards have all the power to manipulate the market for their own good and they will keep doing it forever I guess. I am sure bottom was reached when we had 5.5 window yesterday but again its about whales and we are not sure by what time they will stop manipulating.
Hitting the bottom? bottomed out? around the bottom? good chance to buy? buy a dip? long term investment? keep holding? don't panic sell and so on. Bla bla... let's the market makers do their jobs and please don't predict the whale's action because it's useless to give any reasonable explanations at the moment.
I agree with this. It's really impossible to predict the bottom or top of the market.
If everyone knew that late December to 1st week of January was the high, everyone would have moved out of the crypto trading market.
Its good that they are still being supportive over the podcasts. I mean it can at least keep the brain of listeners focused over the market and will know different expert opinion as to when and how to invest.
I am also coming to the same conclusion that we have already hit the bottom and this is the time when bitcoin and rest of the market will start plunging back to where it started first time. The bottom is reached is conclusive form the last years mid term prices. The prices were almost the same as what we have now. And this is the period when everything started to go back to higher peaks.
I am also coming to the same conclusion that we have already hit the bottom and this is the time when bitcoin and rest of the market will start plunging back to where it started first time. The bottom is reached is conclusive form the last years mid term prices. The prices were almost the same as what we have now. And this is the period when everything started to go back to higher peaks.
Hitting the bottom? bottomed out? around the bottom? good chance to buy? buy a dip? long term investment? keep holding? don't panic sell and so on. Bla bla... let's the market makers do their jobs and please don't predict the whale's action because it's useless to give any reasonable explanations at the moment.
Considering the pre-rally price and the user base, I believe that there is no reason for Bitcoin to fall any further and hence it is a bottom for the time. On the other hand, I am expecting the price to recover in the second half of this year and we might see a fresh all-time high level in this year itself. The correction of 65% stabilized the Bitcoin and now the price will move upwards in the coming months until next rally but big whales and institutional investors will definitely try to manipulate the situation as per their investment strategy.
A brand new Bitcoin and Cryptocurrency podcast that is focused on trading and investing. Hosts interview guests and discuss the latest news in the markets. With experienced traders including an ex-JP Morgan hedge fund manager to talk Bitcoin and big picture moves. Are the latest moves all manipulation or just demand driven? Is the latest SEC statement on Ethereum positive for the markets? When will Bitcoin see all-time highs again? Do Bitcoin Futures manipulate the market? Bitcoin ETFs maybe?
Up until early 2016, there was only one choice for holding cryptocurrencies, Bitcoin. From there, the marketplace has exploded. In this episode, they discuss constructing your portfolio and how to gather the proper information to make informed investments and trades.
Latest episode on SoundCloud - https://soundcloud.com/buy-or-sell-what-the-hell/have-we-hit-the-bottom-what-projects-are-exciting-developers-28
Is there some interest in a solely trading and investing crypto podcast? No bullshit, just talking markets.
Give it a shot and let me know what you guys think!
Up until early 2016, there was only one choice for holding cryptocurrencies, Bitcoin. From there, the marketplace has exploded. In this episode, they discuss constructing your portfolio and how to gather the proper information to make informed investments and trades.
Latest episode on SoundCloud - https://soundcloud.com/buy-or-sell-what-the-hell/have-we-hit-the-bottom-what-projects-are-exciting-developers-28
Is there some interest in a solely trading and investing crypto podcast? No bullshit, just talking markets.
Give it a shot and let me know what you guys think!
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