One more leg down - price to 8000 - 9000 area?

ladner

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

We can see in recent days bitcoin prices have positive signs when the price has risen back to $ 8300 level and is currently priced there. This shows that the current price of bitcoin is facing strong resistance from the sale makes it can not continue to increase prices. If you are holding a bitcoin now, please sell them because the bitcoin price will soon drop further.

sallee2

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I think that the current time you should sell bitcoin away, can see in the past few days when bitcoin prices rebounded back to $ 8300 level and stopped there 2 days. This shows that the current moment of selling is very large and will likely cause bitcoin prices to drop at any time. So if you are holding a bitcoin then sell it before the bitcoin price drops again.

angjosh

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Banks across the world, for the first time, became "scared" when bitcoin price nearly hit $20,000 in the end of 2017. Governments and Central Banks are now issuing all sorts of warnings against BTC and cryptocurrency in general, all of which (unfortunately) are dependent on bitcoin. I expect more warnings to be issued, so guys lets brace ourselves for a rough ride. I am obviously hoping that bitcoin will recover, i think everyone is.

Gotomoon

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Quote from: kolega on February 02, 2018, 05:28:16 AM

No need to guess.Waiting for when trading indicators will show that you can buy.BTC went 8300. Too quickly fell.The reversal is when it is at least 3--6 hour charts will be in purchase.

It is really hard to enter this market price of bitcoin down so fast. Yes currently btc fell down below $9k. We dont know yet what price it will fell down today. Maybe the best today is to observe this bearish market and buy when you can.

kolega

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No need to guess.Waiting for when trading indicators will show that you can buy.BTC went 8300. Too quickly fell.The reversal is when it is at least 3--6 hour charts will be in purchase.

kodtycoon

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Quote from: Andrey123 on February 01, 2018, 02:05:57 AM

According to my indication, bitcoin may fall to 6 thousand dollars.
And this is quite real.
It is a pity that all the altcoins will fall in price (

Yeah I also analyzed it in there and right but did not fall into 6K, too deep if it plunged into that value and maybe the only 7K-8K problem I faced was making a net at that price and I do not want to change that Grin

have you ever seen so many barriers with unusual funds difficult to destroy.

AlNu

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I congratulate your forecast came true, I certainly did not believe that it would be below 9000, but with the latest manipulation of the news of course allowed it. I'm sure that below we will not go any further and soon we will have very good growth!

redfin31

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

if you want to buy them, now is the best time to buy, bitcoin price decrease to $8000 today, and i think it will not too long, the price will be back to over $10000 soon, it is just about time, one week, two week or.... Wink

jsrenthourse

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I think the price of bitcoin will continue to drop further, to around $ 1000, bitcoin will be from $ 7400-8400. Currently bitcoin on https://coinmarketcap.com/ has continued to fall sharply and is at the $ 8300 mark. I know that the price of bitcoin is so much reduced because India has a total ban on bitcoin-related activities. Investors in Asia are also looking to take profit. So this is a great time for us to buy bitcoin.

Dreamchaser21

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Quote from: Andrey123 on February 01, 2018, 02:05:57 AM

According to my indication, bitcoin may fall to 6 thousand dollars.
And this is quite real.
It is a pity that all the altcoins will fall in price (

This might be true but don't panic, just relax or if you really want to secure some profit then sold your holdings and buy back later on. The volume right now is too weak to pump bitcoin, we will see bitcoin at a lower price from now. Hopefully it will not happen but we have to accept it, sooner or later it will bounce back to normal.

Andrey123

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According to my indication, bitcoin may fall to 6 thousand dollars.
And this is quite real.
It is a pity that all the altcoins will fall in price (

jsrenthourse

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Merit: 10

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I think you do not need to worry too much, as I see the market has started to rise again, our favorite blue has returned. According to my analysis, bitcoin has surpassed the danger threshold and is returning to a strong upside. Bitcoin prices have increased by 3% within 24 hours, while yesterday fell more than 10%.

JesusCryptos

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Quote from: cepedacharles on January 30, 2018, 11:00:28 PM

As of now i'm just having fun with the roller coaster ride brought to you by bitcoin. If you are really a long time bitcoin holder, there would be no nervous and panic you will feel if having a dump. Instead if bitcoin goes at 8000-9000, its just another time for holding more bitcoin.

Lucky you who is having fun. I was having fun with this swings too when the value of my assets was laughable, and I would have fun too if its value would be so high that I'd be rich anyway. But these days when I look on my blockfolio I'm rich, and the next day I am not rich at all - when your find yourself in the threshold between relatively rich and relatively poor, it is NOT funny.

cepedacharles

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As of now i'm just having fun with the roller coaster ride brought to you by bitcoin. If you are really a long time bitcoin holder, there would be no nervous and panic you will feel if having a dump. Instead if bitcoin goes at 8000-9000, its just another time for holding more bitcoin.

AliCris

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Here in the moment how to buy bitcoin. Latest news once again hit the market and this is a good option to increase the deposit.

Layonk

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Quote from: Holy Dank on January 22, 2018, 05:44:48 PM

I'm with you, OP

I haven't sold any, Ive been buying & hodling since November, and just learning about more cryptos along the way.
These market fluctuations seem fairly standard and I plan to keep everything I have until the end of 2018 at least.
I'm quite excited to buy at lower prices. Grin

Buying now at lower price is recommended if you have spare money.
You said that you have bitcoin now, and you are right to hold since if you sell it now then you will be loss.
Use your spare money to trade in other altcoin while waiting bitcoin price goes up.

Kavallo

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Quote from: filtyfrank251 on January 30, 2018, 05:56:38 PM

Quote from: posto on January 27, 2018, 02:28:28 PM

Do you think the new tax imposed on South Korean exchanges will have impact? Also how about the recent exchange hack in Japan?

According to my candlestick chart analysis, a bitcoin might be worth $ 8k if market conditions are not better. This is a great opportunity for you to invest in bitcoins if you can not afford to buy them before. I feel very good if bitcoin can go down 8k USD, that's when I will invest more bitcoin to prepare for the upcoming 2018 boom.

There are a lot of bears trying right now to push the price down for the same reason - you can understand that it is not panic selling but structured selling by watching the order books on big exchanges, how the walls appear, how the orders evolve...
I guess by tomorrow we may know if there will be this leg down or not.

filtyfrank251

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Quote from: posto on January 27, 2018, 02:28:28 PM

Do you think the new tax imposed on South Korean exchanges will have impact? Also how about the recent exchange hack in Japan?

According to my candlestick chart analysis, a bitcoin might be worth $ 8k if market conditions are not better. This is a great opportunity for you to invest in bitcoins if you can not afford to buy them before. I feel very good if bitcoin can go down 8k USD, that's when I will invest more bitcoin to prepare for the upcoming 2018 boom.

JesusCryptos

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The 10K support is under stress right now, BTC made a dip below just one hour ago or so. Big war between bulls and bears. I guess this could be one of the important battles to discover which will be our near term destiny.

gabmen

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Quote from: Pasnik on January 24, 2018, 06:19:11 PM

Bitcoin price already had its decreasing value for the past weeks. In your case if waiting for it to drops to $8k we cannot sure about that. But, once the barrier got interrupt we can expect it may happen to your target price. So for now, I'm on more storing or saving btc as much as I could then wait for the price to become increase.

Well it's tested the 10k support and so far it held so i think it's safe to say that 10k would be the lowest we can go for now ot around that area. Bitcoin's been playing just around 10-12k this month so let's see what february and march will bring

posto

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Do you think the new tax imposed on South Korean exchanges will have impact? Also how about the recent exchange hack in Japan?

Pasnik

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Bitcoin price already had its decreasing value for the past weeks. In your case if waiting for it to drops to $8k we cannot sure about that. But, once the barrier got interrupt we can expect it may happen to your target price. So for now, I'm on more storing or saving btc as much as I could then wait for the price to become increase.

CyberKuro

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Not sure if bitcoin can decline to $8000 again, we will find out about it by the end of this month as bitcoin futures contract will be expired on January 26th.
We have seen bitcoin corrected to $9,200 a few days ago after CBOE's futures expired, so the same thing may be repeated this time as well.
Consider it as a good time to buy bitcoin, we will entering the second-phase of discount time, I expect most coins will be in bloodbath again following bitcoin fall down to the floor.

Clark05

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Today price of the bitcoin is good even it's price decrease. Because the price of the bitcoin now is 11k dollars and maybe it will increase again in yhe next few days the price. For me the price of 17k dollars is possible to happen in e next month of february. Many people want to buy bitcoin again for sure because of the price so that's why the price will increase again. I think possible the price of the bitcoin decrease at 8k or 9k dollars but we don't know when. Because Im focus of what possible price of the bitcoin in the future. Everthing is possible to happen maybe decrease or maybe it will increase it depends to the demand on the market.

Arngrim

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Panic selling is already done. Tongue

That is why it is slowing down now. Have been like this for weeks and I dont think there is more to be sold by those crying in panic.
For me, it is the time to hoard more and not waste anytime.
If there is money then buy it already. It might rise anytime now so better to be having more to feel the profit.

JesusCryptos

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By now most of the analysts are convinced that the price will make a journey in the 8000$ area, and by the way so am I. I guess that this will be a self fulfilling prophecy, so the expectation will cause it to happen for real. However, it could also cause a surprise pump to the upside, which would swallow most of the bear traders' stop losses. We'll discover that soon.

NeverSop

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HODL

Quote from: ILoveOnions on January 24, 2018, 04:50:32 PM

Really interesting to see your opinions guys!
Some of you think we might see 8000, others think we will not go under 10k anymore.
Myself I am not sure. The longer it takes to reach the lows of 8000, the more i am tempted to buy imediately/now! (as i also do not want to miss this chance)

I think the bad news of the last week, is now 'in the price', so now -in the next days - we can go up again..... and i think this might go really fast!
Cheers and good luck to all!

According to my analysis, the bitcoin will recover and not fall back to 8k. The market may rebound and grow by mid-February 2018 then fall sharply and grow again in March. That is the time when Asian countries celebrate their Lunar New Year and the market will go. The investor withdraws capital during that time.

ILoveOnions

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Really interesting to see your opinions guys!
Some of you think we might see 8000, others think we will not go under 10k anymore.
Myself I am not sure. The longer it takes to reach the lows of 8000, the more i am tempted to buy imediately/now! (as i also do not want to miss this chance)

I think the bad news of the last week, is now 'in the price', so now -in the next days - we can go up again..... and i think this might go really fast!
Cheers and good luck to all!

Outlaw79

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Quote from: Reatim on January 24, 2018, 12:00:08 PM

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I'm also hoping that bitcoin could go to $8K range as well. But somewhat the price is stuck at $11K so I'm not sure if it will go down. Maybe if the $10K wall is broken, there will be panic selling causing it to touch $8K or even lower. So I say we just wait and see what will be the sentiments of the public.

Why not get it at the current price of $11K and see how it goes? Just test small amounts and when the price goes down buy more and then just hold for long term? There's no really perfect time to buy because we don't know what will be the floor price.

If 8K$ is the expectation generally, then bitcoin has another plan. It has happened like this everytime. Do you agree??

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I'm also hoping that bitcoin could go to $8K range as well. But somewhat the price is stuck at $11K so I'm not sure if it will go down. Maybe if the $10K wall is broken, there will be panic selling causing it to touch $8K or even lower. So I say we just wait and see what will be the sentiments of the public.

Why not get it at the current price of $11K and see how it goes? Just test small amounts and when the price goes down buy more and then just hold for long term? There's no really perfect time to buy because we don't know what will be the floor price.

thejaytiesto

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Quote from: vk279 on January 24, 2018, 11:31:42 AM

Looking at the price action, I don't think Price is going below 9500 any more. It tested that area many times and bounced right back up. But anything can happen in any market as we are talking about HERD mentality and its hard to predict the mass psychology.
Having said that the best way to go about buying it is averaging down when it gets close to 10k .

I think it's still possible a revisit to $7500 ish happens, but it's also possible that it doesn't happen and $9227 was it... let's see if it doesn't go below the former dip of $10487 otherwise I would start assuming that it will not hold above $10000 for much longer.

If you believe in Bitcoin long term, then the entry point from the current price to $7500 is not that big of a deal compared to the potential prices 5 years from now, so I would go and buy right now with half the money, and save half in case it goes under $10000 and dips harder, then buy with the other half. If it starts mooning for an ATH, then buy the uptrend.

vk279

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Looking at the price action, I don't think Price is going below 9500 any more. It tested that area many times and bounced right back up. But anything can happen in any market as we are talking about HERD mentality and its hard to predict the mass psychology.
Having said that the best way to go about buying it is averaging down when it gets close to 10k .

Kurokyy

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LETS GO ADAB

As of now i'm just having fun with the roller coaster ride brought to you by bitcoin. If you are really a long time bitcoin holder, there would be no nervous and panic you will feel if having a dump. Instead if bitcoin goes at 8000-9000, its just another time for holding more bitcoin.

Gusk

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believe me, if they want they can and lower the bitcoin to 8000 below, now big money comes into the crypt and they play by their own rules, the majority will always lose. And people play psychology if they bought for example in the region of $ 20,000, and now in the region of $ 10,000, they close the position to at least keep half ((

sallee2

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Quote from: ILoveOnions on January 22, 2018, 04:26:03 PM

I also hope so, I am definatelly not dry (and did not sell anything) but just want to add at this lower price level.
I do indeed think this is possible. There might be some real panic - with price going to 6500-8000. but i am not sure if i want to wait for this. The chance that it won't happen is too big.

I think if you look at the market information, the bitcoin price is hard to reach $ 8000. Yesterday bitcoin turned up slightly up to $ 11000 and this morning a slight decrease. But I think in the coming days bitcoin prices will continue to increase.
January 26 may be a milestone for BTC pump as the CME contract expires. That is the basis for me to believe that bitcoin prices will increase

posto

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BTC to da moon! Grin

GirlBitcoin

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Quote from: sallee2 on January 23, 2018, 08:29:11 PM

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

Hi! I think at the moment the price of bitcoin is over $ 11000 on https://coinmarketcap.com/. Show that the market is starting to rebound strongly with this momentum I think you should buy Bitcoin right now.
I believe bitcoin will be worth $ 15000 in a few days.
good luck!

According to the candlestick chart, the bitcoin could go deep at $8000. In the financial market, anything can happen and you should be prepared to solve all of your problems. If bitcoin is down I think it's a good opportunity for me to buy bitcoin and altcoin at very low prices, which is the best opportunity of the year to invest in the cryptocurrency market.

sallee2

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I believe the price of bitcoin can not be down to $ 8000 as you saw yesterday the market has started to turn around and bitcoin has risen from $ 10,000 up to $ 11000 and this morning tended to fall slightly. But I think bitcoin is still on the rise and will soon reach $ 15,000 in a few days.
January 26 may be a milestone for BTC pump as the CME contract expires.

BountyX

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I really think so. My only concern is that the leg down could also exceed the 8000$ threshold, it could dive until 7000$ and some people think even more (which I don't believe). I guess we will soon find out.

sallee2

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

Hi! I think at the moment the price of bitcoin is over $ 11000 on https://coinmarketcap.com/. Show that the market is starting to rebound strongly with this momentum I think you should buy Bitcoin right now.
I believe bitcoin will be worth $ 15000 in a few days.
good luck!

posto

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Quote from: bamboylee on January 23, 2018, 07:32:30 PM

There is a strong support at 10K so I doubt it will go down to 8k or 9K level. This is your best time to buy some bitcoin If you still want to invest. I once was like you, waiting for the price to dip more and ending up losing the chance for a good entry.

Thanks! I will look into doing that ASAP!

bamboylee

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There is a strong support at 10K so I doubt it will go down to 8k or 9K level. This is your best time to buy some bitcoin If you still want to invest. I once was like you, waiting for the price to dip more and ending up losing the chance for a good entry.

trigg

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If it goes down much more than it is right now then I will definitely be buying it up. I think it will certainly rise high again, even much higher than the roughly 20k it was at towards the end of 2017 (just impossible to know when). So buying low and HODL is my plan.

posto

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Is this is possibility? I am starting with btc and waiting for the right time to chime in.

Ray3z

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Quote from: ILoveOnions on January 22, 2018, 04:26:03 PM

I also hope so, I am definatelly not dry (and did not sell anything) but just want to add at this lower price level.
I do indeed think this is possible. There might be some real panic - with price going to 6500-8000. but i am not sure if i want to wait for this. The chance that it won't happen is too big.

Panic sell oh panic sell. Why people try to sell their asset if they know it will be ending loss.
Actually i dont sell mine and waiting for the price recover but i also want to buy more like you in low price possible.

Oilacris

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

Just like you im waiting for that dip. Basing on technical analysis we would possibly hit that support level which that would be the best range to buy back and bounce up again on $17k range but totally we will see those prices for some time. I do expecting new ATH for this year but who knows on when it would happen but for now if we do have fiat to invest on just wait a little further because price will still go down and decide to buy cheaper coins and secure profits later on but remember,only invest on the amount that you can afford to lose up.

Casey7

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Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I think this big player game, they make the price like this and they will start buying at lowest price possible.
If you look for the lowest price, i think this is the time will come and dont miss the boat again to buy more.

bitcub

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Bitcoin is oversold I am also waiting for it to reach 8k. One of these days we can see a massive bitcoin pump for too much accumulation.

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

shursight

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It wont, you will see.

Quote from: ILoveOnions on January 22, 2018, 04:26:03 PM

I also hope so, I am definatelly not dry (and did not sell anything) but just want to add at this lower price level.
I do indeed think this is possible. There might be some real panic - with price going to 6500-8000.

Stop being so scared about the price, because it will not drop and you can confirm it by yourself.

Just go to tradingview, look at the charts, analyze the BTC/USD pair, there is no way that it can drop below $8000.

This is bullshit

makolz26

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It won't happen that it would go down to $10k, be optimistic guys we are the creator of the price of bitcoin, so if we can afford to hold it for a long time then we must do it, just don't look at the price always so it won't give you a heart attack and panic, be like someone they don't care about the price today what they care would be the price in the future so they don't bother to see the price from time to time.

ILoveOnions

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Quote from: heringasem on January 23, 2018, 04:18:00 PM

Please, why do you think that the price will go towards those prices?

it is pretty low, and i am sure that it will not happen because it has a very strong resistance in there.

And it is pretty difficult to go below $10000 at the moment, just take a look over the charts right now.

I am far from sure. Price could stay around these prices (10k-11k) and move up later today or in the next days.
There are currently a lot of "weak hands" i believe that bought at relatively high prices. They are very worried, and might tend towards a panic sell if price goes below 10k again.
I am far from sure (I also bought some crypto's on the top and tend towards selling now - which i (probably) should not)

heringasem

full member

Activity: 168

Merit: 103

Please, why do you think that the price will go towards those prices?

it is pretty low, and i am sure that it will not happen because it has a very strong resistance in there.

And it is pretty difficult to go below $10000 at the moment, just take a look over the charts right now.

mrbnson

full member

Activity: 182

Merit: 101

X-Block.io

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

I think we may have hit the low earlier at about 9500. I think that many will have realised the previous low and took this as an opportunity to buy in advance of that and so the support level was at a much higher level.

StarLawl

jr. member

Activity: 63

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Depends on the market - does it let Bitcoin take the leg down? What is best for the Futures? Due to traders "lingering" in USDT - I am curious if/when that will be finished actually - the trading agains USDT - much of the reason for the volatility is the ability to manipulate into a "fake" currency. Which should be paired 1:1 to USD but obviously isn't.

starsnshamrocks

full member

Activity: 168

Merit: 100

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

Yes, well the market direction points down. So at the moment selling the tops of relief moves could a good approach, but I prefer to buy crypto instead of speculating downfalls and deeper pullbacks. From a buying perspective there could be better moments ahead.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: ILoveOnions on January 22, 2018, 04:26:03 PM

I also hope so, I am definatelly not dry (and did not sell anything) but just want to add at this lower price level.
I do indeed think this is possible. There might be some real panic - with price going to 6500-8000. but i am not sure if i want to wait for this. The chance that it won't happen is too big.

Going as low as 6500 or less than 8000 would actually raise a big red flag to anyone who owns Bitcoin, but I don't think we're gonna see those numbers, because like you said before, 8k will meet a lot of support, a lot people will be waiting to get in at the 8k mark, and the price will bounce back up in no time.

Now about the 8k-9k area, we might test those numbers soon, or we might not, but just to be sure you should probably set a buy limit order around those numbers as soon as possible, just in case you don't miss some cheap coins.

oegarod

sr. member

Activity: 602

Merit: 252

Already the price has gone low to $10k and was moving around $9500 for a small time period. Maybe one leg could get down reaching the quoted value of Op. Bone could have expected that the market will fall such a low by the early days of 2018. At least by the month end if price starts moving forward it'd be good.

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

Quote from: Holy Dank on January 22, 2018, 05:44:48 PM

I'm with you, OP

I haven't sold any, Ive been buying & hodling since November, and just learning about more cryptos along the way.
These market fluctuations seem fairly standard and I plan to keep everything I have until the end of 2018 at least.
I'm quite excited to buy at lower prices. Grin

If you can afford to hold it longer i think that's fine as for now the recovery won't happened soon.
The price seems in bearish and cost a lot of time to bounce back at least for a couple months and for a year at top.
Really it is struggling to even back to $13k , a lot of peoplefrustated already.

Holy Dank

newbie

Activity: 63

Merit: 0

I'm with you, OP

I haven't sold any, Ive been buying & hodling since November, and just learning about more cryptos along the way.
These market fluctuations seem fairly standard and I plan to keep everything I have until the end of 2018 at least.
I'm quite excited to buy at lower prices. Grin

BETnaBET

newbie

Activity: 125

Merit: 0

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

[/quote

Yes everybody is on panic now about the price of bitcoin falling now. Its really difficult to think about the situation of bitcoin now if this gonna survive again. It's really trending because they say that bitcoin will say goodbye to us. So some bitcoin holders are panic selling but some strong persons who believe in bitcoin is buying dump coins and patiently wait for the price increase. But for me we have to trust bitcoin. That bitcoin will not be able to leave us with tears, but l believed bitcoin will give us remembrance to prosper us.

nightmanisrightman

full member

Activity: 252

Merit: 101

Global Risk Exchange - gref.io

My original point I thought it would reach was 8k and I never veered from that prediction. Although now that it is getting closer I am hoping I am wrong and the price remains above 10k, the nervousness sure kicks in!

ILoveOnions

jr. member

Activity: 69

Merit: 2

Website: iloveto.dance

I also hope so, I am definatelly not dry (and did not sell anything) but just want to add at this lower price level.
I do indeed think this is possible. There might be some real panic - with price going to 6500-8000. but i am not sure if i want to wait for this. The chance that it won't happen is too big.

km4700ruda

full member

Activity: 518

Merit: 100

I am still waiting for that, i am looking forward to join the market again and buy 1 BTC at $8200 each, i am so excited about that, since i dumped all my coins on December and i am dry right now.

I think that it will go below $9000 of course.

Quote from: ILoveOnions on January 22, 2018, 04:02:31 PM

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have

ILoveOnions

jr. member

Activity: 69

Merit: 2

Website: iloveto.dance

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ

Topic: One more leg down - price to 8000 - 9000 area? (Read 470 times)