Topic: Irrational. Bitcoin could fall to $800 - page 2. (Read 849 times)
At present, I am not surprised at anything, even if it happens that for some reason unprecedented to me, the price of bitcoin drops to $ 800, which most likely will not cause me a special shock, I will just continue to look this philosophically as i do it now. It's hard to surprise me with anything.
Everyone has their own predictions, and for the bitcoin forecast to fall for $ 800, I think that's just a prediction of random origin, and I don't believe that.
I don't think there is any analysis behind this predictions and it look like it was a random prediction. It might not be possible for bitcoin to get to $800 again however in cryptocurrencies notting is impossible. 
so easily people analyze without thinking about the conditions in all exchanges, in fact between $1000 to $2000 there are too many requests that will limit each jump. well there are a lot of walls that we call even too much so it is difficult to crash $800, attracting users to follow only with arguments
Everyone has their own predictions, and for the bitcoin forecast to fall for $ 800, I think that's just a prediction of random origin, and I don't believe that.
bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600
basically the guy woke up, took his coffee, turned on his computer and entered the twitter and chose two random numbers:
$800 and $4600
And posted its price forecast. Why the hell do we have to take this bullshit seriously?
The guy woke up, turned on his computer, and decided that $4,600 is where he'll enter his short-sell order. $800 is where he'll enter his buy to cover. Hahaha.
It is hard to say, as far as i believe that bitcoin is hard to fall below 3000 usd as it has a massive support at 3k usd. if it breaks below it then 800 usd is not far.
This statement seems totally rubbish for me.
I can't really understand what lies behind their claims and what is the point of realizing fake information to the public.
I have stopped reading the news that they do not come from credible websites. This way I keep my trading decisions untouched from manipulative information.
I can't really understand what lies behind their claims and what is the point of realizing fake information to the public.
I have stopped reading the news that they do not come from credible websites. This way I keep my trading decisions untouched from manipulative information.
It's rather obvious. Reasonable predictions are just a boring thing which gets no traffic, it's just a matter of clicks. More clicks = more ad revenue. That's all that matters.
As far as the prediction itself, once again seems to be the same hyperwave thing that Tyler Jenks is spreading. At the same time Tyler Jenks makes long term predictions of $10,000,000 per BTC, so there's that. A man of extremes indeed. It's how his hyperwave model works.
I think it will be, as always, a medium thing. The pessimists get it wrong, the optimists get it wrong. I don't see bitcoin going below $1000. The bull orders are just too thick.
bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600
basically the guy woke up, took his coffee, turned on his computer and entered the twitter and chose two random numbers:
$800 and $4600
And posted its price forecast. Why the hell do we have to take this bullshit seriously?
Because there are a lot of people whos bothered by the possibility for this to happen and worry about the future of Bitcoin and their investment.
For me, I dont even care for the price to go as deep as that number, it doesnt stay that figure forever anyway.
bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600
basically the guy woke up, took his coffee, turned on his computer and entered the twitter and chose two random numbers:
$800 and $4600
And posted its price forecast. Why the hell do we have to take this bullshit seriously?
doesn't that just mean we haven't really bounced yet? 
the february bottom looked like a real capitulation IMO. this time i'm not sure i believe it. especially because people seem so quick to declare we've seen the bottom. short term can go either way but over the next several months i'm seeing more blood coming.
the february bottom looked like a real capitulation IMO. this time i'm not sure i believe it. especially because people seem so quick to declare we've seen the bottom. short term can go either way but over the next several months i'm seeing more blood coming.
No, it means we could have reached the real bottom. At 6k the price was unstable, going back and forth, first to 11k, then 9k, and lastly, to 8k. When 6k got stabilized, it lasted for three months and a half, then falling to 3k.
However, at 3k the price didnt go back to 6k, didnt have any spike to the previous levels. The price just stayed stabilized at this level, until recently, when it touched 4k. Instead of crazy spikes, we are now having a gradual rising. This could mean 3k was the real bottom, and we cant go any lower.
$800 is way to unrealistic for now, it stopping point is $3000 from the way I see it. But even if it lowered to that price of $800; does it really matter?
The price of Bitcoin will be unbeatable in the future so gladly accept any price you see now, it future will be remarkable.
The price of Bitcoin will be unbeatable in the future so gladly accept any price you see now, it future will be remarkable.
It depends on how you look at things. While we were hovering between $6000-$7000 people called you a fud spreader for pointing out that a $3000 visit isn't all that unlikely before the end of 2019.
This is true.
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Admittedly, $800 looks unreasonably low, but I don't rule out a horror flash crash that could tank the price under $2000 but that's just me being realistic. I don't think it will happen, but I'm not going to discard the event entirely.
But look at the difference between everyone's mood and their behavior when they thought $6,000 was the bottom, and to now when everyone believes that $3,000 support might break.
It might give us different outcomes based on different maket behavior, and reactions.
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Look at $800 from this perspective: it's way easier to double from $800 to $1600 than to double from where we are right now to $7500. If it would drop under $2000 I will go big on Bitcoin, like extremely big.
This is one reason why Bitcoin would not crash, or capitulate. Everyone is already expecting it.
$800 is way to unrealistic for now, it stopping point is $3000 from the way I see it. But even if it lowered to that price of $800; does it really matter?
The price of Bitcoin will be unbeatable in the future so gladly accept any price you see now, it future will be remarkable.
It depends on how you look at things. While we were hovering between $6000-$7000 people called you a fud spreader for pointing out that a $3000 visit isn't all that unlikely before the end of 2019.The price of Bitcoin will be unbeatable in the future so gladly accept any price you see now, it future will be remarkable.
Admittedly, $800 looks unreasonably low, but I don't rule out a horror flash crash that could tank the price under $2000 but that's just me being realistic. I don't think it will happen, but I'm not going to discard the event entirely.
Look at $800 from this perspective: it's way easier to double from $800 to $1600 than to double from where we are right now to $7500. If it would drop under $2000 I will go big on Bitcoin, like extremely big.
price first bounced off $6k in february last year. we crashed to $3k in november. (9 months)
it hasn't even been 3 months yet since the last swing low.
it hasn't even been 3 months yet since the last swing low.
I was talking about a continuous price. It had plunged to 6k in February, but then it raised up back to 11k.
Continously, 6k starts in August, with a peak to 7k. The previous level would be 8-9k.
Right now, we didnt had any return to 6k. It has been 3k continuously since November, touching only 4k recently.
doesn't that just mean we haven't really bounced yet?
the february bottom looked like a real capitulation IMO. this time i'm not sure i believe it. especially because people seem so quick to declare we've seen the bottom. short term can go either way but over the next several months i'm seeing more blood coming.
While the plebs wait, the whalecumulators keep accumulating.
OR, some plebs may have become smarter, that they won't sell any of their coins. Which would be the best decision for their investment in my opinion.
The cryptospace appears to be beginning to spread bear market irrationality. According to this clickbait news, an up and coming analyst that hides behind its twitter account name Financial Survivalism, bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600.
I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe.
Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe.
In any case, who owns newsbtc?
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.
Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/
I am not sure it will happen at this time. The development of bitcoin at the time was so good and should have increased. This needs to be appreciated because currently the number of Bitcoin users is increasing, so there are no indicators that can cause the price of Bitcoin to decline to 800USD. As long as we believe in bitcoin then the price of Bitcoin will remain positive. I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe.
Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe.
In any case, who owns newsbtc?
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.
Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/
$800 is way to unrealistic for now, it stopping point is $3000 from the way I see it. But even if it lowered to that price of $800; does it really matter?
The price of Bitcoin will be unbeatable in the future so gladly accept any price you see now, it future will be remarkable.
The price of Bitcoin will be unbeatable in the future so gladly accept any price you see now, it future will be remarkable.
The cryptospace appears to be beginning to spread bear market irrationality. According to this clickbait news, an up and coming analyst that hides behind its twitter account name Financial Survivalism, bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600.
I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe.
Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe.
In any case, who owns newsbtc?
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.
Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/
I believe that the analysis was made in other to create FUD and makes investors to began to sell their holding out of panic. If thoroughly we are to see bitcoin falling to $800 it should not be now that it is a bit doing somehow well. I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe.
Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe.
In any case, who owns newsbtc?
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.
Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/
Market declines make people think negatively and think that bitcoin will decline further, a decline can occur but if it reaches the $ 800 point it will not be possible.
Don't fall on that Fud's bro. Just stay away on it because it cant help on this situation, wherein i suggest to focus on your strategy to minimize risk situation . Actually $800 is very impossible to be honest which even though the market keep fluctuating it will never happen in my opinion. So much better to dont mind it and keep believing that soon there's still a brighter future with bitcoin
If the whales wanted to lower the price more, they would not let that so much positive information appear on the market and would create a lot of negative information to make it easier to make panic sell again.
Positive news is meaningless right now. We've had heaps of it, yet it doesn't even remotely dent the price.
I think it's safe to say that most whales are just as surprised about how brutal the 50% crash was as you guys are. Don't forget that the sellers are dumping into buy orders, which means that for everyone selling there are buyers on the other side of the book seeing their paper value tank as the price tanks.
People just need to acknowledge the nature of this market. On the way up no one complained, and now people don't get what they want anymore, it's a problem.
price first bounced off $6k in february last year. we crashed to $3k in november. (9 months)
it hasn't even been 3 months yet since the last swing low.
it hasn't even been 3 months yet since the last swing low.
I was talking about a continuous price. It had plunged to 6k in February, but then it raised up back to 11k.
Continously, 6k starts in August, with a peak to 7k. The previous level would be 8-9k.
Right now, we didnt had any return to 6k. It has been 3k continuously since November, touching only 4k recently.
doesn't that just mean we haven't really bounced yet?
the february bottom looked like a real capitulation IMO. this time i'm not sure i believe it. especially because people seem so quick to declare we've seen the bottom. short term can go either way but over the next several months i'm seeing more blood coming.
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