Topic: HOW LOW BTC CAN GO? - page 2. (Read 688 times)
I only request for technical analysis when i am looking for possible bottom and height of pump and dump. Technical analysis is not usually reliable with time prediction of the pump and dump cause other strong factors had moved the price, not even news again. Thing keeps changing that no one can contain. We expect bitcoin ATM to stay above $5000 for some weeks, if this stays the same with the closeness of price to $5000 we might be bullish after a while.
In the market, I think the possibility of the bull is small. considering the current world conditions are facing co-19 and I see the market is not so many visitors. because of this I'm sure many are thinking again about the relationship of crypto with world conditions, especially if the pandemic conditions like today.
Although many people think that there is no relation to the global economy and cryptocurrency but I feel this is closely related because the crypto market is also often manipulated. this is just my speculation but I think the market will slowly go down.
Then how you do consider on the current movement of the market as this moment? We are slowly increasing atm but we cant really avoid not to think that we might dip down once again just like on what happened from 10k to almost 3k level.Although many people think that there is no relation to the global economy and cryptocurrency but I feel this is closely related because the crypto market is also often manipulated. this is just my speculation but I think the market will slowly go down.
Nothing is certain when it comes to price yet anytime it would really surprise us.Lucky for those people who bought when the price hits down as low as 3800-3900 since the price as of now is
7.2k which do already give out sure profits in a short period of time.
This year 2020 the low bitcoin went was around $4k to $3k, which was a big surprise to many and we were also thinking it will go below that. In another way round that was the lowest low any trader should have bag more.
In the market, I think the possibility of the bull is small. considering the current world conditions are facing co-19 and I see the market is not so many visitors. because of this I'm sure many are thinking again about the relationship of crypto with world conditions, especially if the pandemic conditions like today.
Although many people think that there is no relation to the global economy and cryptocurrency but I feel this is closely related because the crypto market is also often manipulated. this is just my speculation but I think the market will slowly go down.
Although many people think that there is no relation to the global economy and cryptocurrency but I feel this is closely related because the crypto market is also often manipulated. this is just my speculation but I think the market will slowly go down.
It is possible to see huge pumps in the 3rd and 4th quarters as halving result comes out.
I feel it's not more like because of the halving effect but because of the global pandemic that was already stopped. Well, I hope this pandemic will be over soon, we are at the start of the 2nd quarter, if we can end this quarter, then we can expect we will have a good 3rd quarter and possibly continue until the end of the year. Halving effect are usually felt prior to the event due to the hype that will be created.
Well, the world is experiencing a difficult crisis because of the pandemic coronavirus that effects throughout the world. Because of that the market price are go down deeply at 4,000 and up. For me, I think this situation must go longer because the coronavirus is not yet done in spreading it and also there is no cure that is invented for coronavirus nowadays so that it is difficult to predict on how long can last this crisis. So that I didn’t predict on how bitcoin can go low. It is volatile and we don’t now on when the bull run strikes because on the situation now.
Bitcoin could go as low as possible, it "could" go under 1000 dollars, that is not really what this is about, bitcoin "could" but "won't" go down that much, we are the ones who will stop that from happening. Think of how many of us here who would buy bitcoin under 4k when we have money, how many of us who will buy under 3k, and that number keeps growing the lower the price gets because more and more people would be willing to buy bitcoin the lower the price gets.
It means price actually can't get that low, if there are so many people who are willing to buy from low, that means eventually it will stop going low as well. That is what happened this month and that is what would happen when bitcoin tries to drop as much as possible. This why technically speaking it could worth less than 1 dollar, there is nothing technical that can stop it, but people wouldn't allow that.
It means price actually can't get that low, if there are so many people who are willing to buy from low, that means eventually it will stop going low as well. That is what happened this month and that is what would happen when bitcoin tries to drop as much as possible. This why technically speaking it could worth less than 1 dollar, there is nothing technical that can stop it, but people wouldn't allow that.
Well, the world is experiencing a difficult crisis because of the pandemic coronavirus that effects throughout the world. Because of that the market price are go down deeply at 4,000 and up. For me, I think this situation must go longer because the coronavirus is not yet done in spreading it and also there is no cure that is invented for coronavirus nowadays so that it is difficult to predict on how long can last this crisis. So that I didn’t predict on how bitcoin can go low. It is volatile and we don’t now on when the bull run strikes because on the situation now.
economy are falling, looking with how stock market are working right now, though bitcoin still trying to push and keeping the momentum forwardly we still don't have any clear outlook whether the market will continuously be strong or it will fallback once again.
Within 1 month and in other time frames , initially there is normal trend of up and down but currently the trend is sideways.
But analysing different factors I predict most probably bull behaviour because after sideways trends price is going up.
But analysing different factors I predict most probably bull behaviour because after sideways trends price is going up.
Well if there are no suspicious activities coming from exchanges like Bitmex, Coinbase and Binance then we should expect a consolidation phase before a major breakthrough to the upside. Considering the big 40% dump due global economy stability crumbling and the dollar is printing unlimited paper money and stimulus package. The BTC price already bottomed and only strong hands are in the Bitcoin space.
I hope so that it is the bottom value of the bitcoin but maybe if it's dumping again the price of 5000 dollars is the bottom and most of the crypto user believe on that. But actually we do not know what is the bottom value . I want to see again this coin start increasing again.Well, the world is experiencing a difficult crisis because of the pandemic coronavirus that effects throughout the world. Because of that the market price are go down deeply at 4,000 and up. For me, I think this situation must go longer because the coronavirus is not yet done in spreading it and also there is no cure that is invented for coronavirus nowadays so that it is difficult to predict on how long can last this crisis. So that I didn’t predict on how bitcoin can go low. It is volatile and we don’t now on when the bull run strikes because on the situation now.
Well if there are no suspicious activities coming from exchanges like Bitmex, Coinbase and Binance then we should expect a consolidation phase before a major breakthrough to the upside. Considering the big 40% dump due global economy stability crumbling and the dollar is printing unlimited paper money and stimulus package. The BTC price already bottomed and only strong hands are in the Bitcoin space.
I hope so that it is the bottom value of the bitcoin but maybe if it's dumping again the price of 5000 dollars is the bottom and most of the crypto user believe on that. But actually we do not know what is the bottom value . I want to see again this coin start increasing again. 
Well if there are no suspicious activities coming from exchanges like Bitmex, Coinbase and Binance then we should expect a consolidation phase before a major breakthrough to the upside. Considering the big 40% dump due global economy stability crumbling and the dollar is printing unlimited paper money and stimulus package. The BTC price already bottomed and only strong hands are in the Bitcoin space.
I think enough see bitcoin back to higher price and give opportunity to get much profit, right now just waiting with halving bitcoin is only our chance see bitcoin back to higher price or not, maybe bitcoin will make dump or keep going on to higher price until in this year.
But you need to be careful because we don't know if bitcoin will be down or not after this, and if the bitcoin price is down, we do not know how low bitcoin price will be. But I see that there will be a correction for the next day, but I am not sure when it will happen, just be ready and prepare for anything that might happen.
We can't be sure with this situation we are facing now, the stock market has fallen, and bitcoin or crypto market is no exemption.
Let's just hope that experts are wrong, and bitcoin will prove that it's a strong asset in this global crisis.
If only bitcoin will start to be bullish now, there is reason people will invest because halving is approaching.
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I think enough see bitcoin back to higher price and give opportunity to get much profit, right now just waiting with halving bitcoin is only our chance see bitcoin back to higher price or not, maybe bitcoin will make dump or keep going on to higher price until in this year.
But you need to be careful because we don't know if bitcoin will be down or not after this, and if the bitcoin price is down, we do not know how low bitcoin price will be. But I see that there will be a correction for the next day, but I am not sure when it will happen, just be ready and prepare for anything that might happen.
Well, the world is experiencing a difficult crisis because of the pandemic coronavirus that effects throughout the world. Because of that the market price are go down deeply at 4,000 and up. For me, I think this situation must go longer because the coronavirus is not yet done in spreading it and also there is no cure that is invented for coronavirus nowadays so that it is difficult to predict on how long can last this crisis. So that I didn’t predict on how bitcoin can go low. It is volatile and we don’t now on when the bull run strikes because on the situation now.
The truth is that we can’t really tell he direction the price of Bitcoin or any other altcoin will be moving. There are always two possibilities to which direction the price will go to.
I don’t do the analysis myself, rather I do research and look for experts analysis to know where the market will be heading to next. Cointelegraph.com has been one of my favorite sources for technical analysis; they do technical analysis on the top ten cryptocurrencies in the market every week. Their latest analysis on 27th March reveals that traders should set their stop loss at $5,600.
I don’t do the analysis myself, rather I do research and look for experts analysis to know where the market will be heading to next. Cointelegraph.com has been one of my favorite sources for technical analysis; they do technical analysis on the top ten cryptocurrencies in the market every week. Their latest analysis on 27th March reveals that traders should set their stop loss at $5,600.
The barrier of the bitcoin I think is $5000 and once it down to that value it will start increasing again but I hope this value of the bitcoin is the lowest value because it's better to have this value than the lower of that. But we cannot sure about the lowest possible price of the bitcoin until now it's still mystery when bitcoin start rising and most of us our praying to happen again.
I don't think that there is this barrier as you said.
When the price dumped this week, the price of Bitcoin reached as low as $4K, some of the markets even reached to $3.8K or $3.9K. I think there is no barrier at all but we have these holders, these investors that will always take the dumps for granted. Forget the barrier price but think of the opportunist that will bite the bait when it is clean to do so.
It dump that low because there was a manipulation, for a normal dump, it would not dump 50% as that is too much.
But let us always accept all the possibilities as like what I've said, the market could be manipulated but the good thing is it bounces back strong again.
It's hard to predict what would happen next, it could either dump again or pump big time, we just have to be ready with anything while continuing to believe that the crypto market is here to live so it'll survive no matter how big the dump is.
The barrier of the bitcoin I think is $5000 and once it down to that value it will start increasing again but I hope this value of the bitcoin is the lowest value because it's better to have this value than the lower of that. But we cannot sure about the lowest possible price of the bitcoin until now it's still mystery when bitcoin start rising and most of us our praying to happen again.
I don't think that there is this barrier as you said.
When the price dumped this week, the price of Bitcoin reached as low as $4K, some of the markets even reached to $3.8K or $3.9K. I think there is no barrier at all but we have these holders, these investors that will always take the dumps for granted. Forget the barrier price but think of the opportunist that will bite the bait when it is clean to do so.
Because of the outbreak happens to the world and this is caused by the virus that we called as the Coronavirus or the NCov19 there are people affected also the stock market there are a lot of tradings and more transactions getting cancelled and declined because of the outbreak also the bitcoin price got to fall down in the first weeks of the bitcoin it is just stable for over 8k dollars and after a week it immediately falls down into 6k dollars and one of the lowest market prices that the bitcoin reach today of 2020 is over 3.8k dollars and that is so huge before this outbreak and sign happen many traders pulling out their funds to make it safe but to those people does not expect the market fall for over into 4k dollars and now they need to hold their coins and it is good to the people to make more investment because by just following the basic rule of buy low and sell high you can now make a lot of earnings by that and it can give you a huge market income because the halving is coming too and this is one of the reasons why it falls down. Still, we are looking forward that the market price of the coin will reach out over the previous market price of over 14k dollars.
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