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Topic: Poll: Will the price of Bitcoin revisit the prior bottom at $166? (Read 1736 times)

hero member
Activity: 896
Merit: 1000
it can go below 200 easily but i hope it wont.

It might go below $200 briefly. It will come back.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
No, I don't think there's any reasonable chance we'll see those prices. Even in 2011 people were waiting for coins trading below $1, and it never materialised! Things are looking more and more sideway-ish each day. The bears just need to buy the trend-reversal and this downwards market is done!
3x2
legendary
Activity: 1526
Merit: 1004
it can go below 200 easily but i hope it wont.
legendary
Activity: 1218
Merit: 1000
I think we will see double digits very soon.

Double Digits !! Thats a bit pessimistic, considering current market volatility is nothing new ....
hero member
Activity: 602
Merit: 508
I think we will see double digits very soon.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
We are still in a bear market and I see no solid reasons to indicate otherwise. $166 is not very far away.


We've chopped around in the $200s for quite some time though, extra resistance has been created vs when we first went below the $200s. Also more time has passed, we could be in a bull market just as easy.

Nahh man.. This is still a bear market. We failed at $300 time and time again, failed at breaking the $315 which may have indicated a bull market... Since we hit $305 we have been making lower highs and lower lows... This is clearly still a bear market and $160 is not that far off like Enjorlas.

We have a few more levels of support left but most have been broken...$282 $265-70 $250 $230 is next and I expect it to go some time today or tomorrow.. After that $210-15ish will be the next support, and if that fails its gonna trigger a freefall mode and $166 aint even a support so who knows where it may land..

In the mean time Im shorting btc and hoping to make some serious money doing so!

Surely, I'm not the first to say this, but lower price may actually contribute to bitcoin wider acceptance throughout, given its limited supply (it is not the same as some fiat depreciating through excessive money printing)...
legendary
Activity: 2097
Merit: 1070
$166 is no magic number, if it falls that far it could easily fall lower.

People will trade this making money along the way all the way down to the eventual bottom wherever that is.

Getting the fiat out after selling is a completely different matter. I just wonder which exchange will go bust next.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
We are still in a bear market and I see no solid reasons to indicate otherwise. $166 is not very far away.


We've chopped around in the $200s for quite some time though, extra resistance has been created vs when we first went below the $200s. Also more time has passed, we could be in a bull market just as easy.

Nahh man.. This is still a bear market. We failed at $300 time and time again, failed at breaking the $315 which may have indicated a bull market... Since we hit $305 we have been making lower highs and lower lows... This is clearly still a bear market and $160 is not that far off like Enjorlas.

We have a few more levels of support left but most have been broken...$282 $265-70 $250 $230 is next and I expect it to go some time today or tomorrow.. After that $210-15ish will be the next support, and if that fails its gonna trigger a freefall mode and $166 aint even a support so who knows where it may land..

In the mean time Im shorting btc and hoping to make some serious money doing so!
full member
Activity: 280
Merit: 100
Yes, it will revisit and fall below $166
legendary
Activity: 1204
Merit: 1028
As my experience says, even I tell it will not but mostly will happen. Just a matter of time

however we could see everyone panic selling and prices falling too Tongue

I hold about BTC 1 , sometimes I can't sleep to hold it rather than sold it  Sad
Would you sell a potential ticket to the moon for 200 bucks? cmon guys, you are either in desperate need of money or you just aren't cut for this.
legendary
Activity: 924
Merit: 1006
As my experience says, even I tell it will not but mostly will happen. Just a matter of time

however we could see everyone panic selling and prices falling too Tongue

I hold about BTC 1 , sometimes I can't sleep to hold it rather than sold it  Sad
legendary
Activity: 2170
Merit: 1427
It might touch ~$220 but not much lower than that. I think this month we might advance to $275 if everything goes well.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Current target is $222. 

Slow painful planned dumps are more profitable than mega dumps.
legendary
Activity: 1218
Merit: 1000
if the prices fall below the current levels we can be assured of levels $1xx but a trend reversal will be imminent at that stage as support at these levels is extremely high Cheesy

however we could see everyone panic selling and prices falling too Tongue
hero member
Activity: 1526
Merit: 597
...but definitely not below $200 ...

Yeah, that's what bears love to hear! We need this impossible targets. We did break all "oh dude, please don't be delusional, that's impossible to break!!1one" - targets! Iwas missing new targets, thank you...
hero member
Activity: 821
Merit: 1000
With bitcoin anything can happen
legendary
Activity: 3248
Merit: 1070
it will stay at current price, for a while, with some up and down, destroying the 200 mark, isn't an easy task
legendary
Activity: 812
Merit: 1000
We are still in a bear market and I see no solid reasons to indicate otherwise. $166 is not very far away.


We've chopped around in the $200s for quite some time though, extra resistance has been created vs when we first went below the $200s. Also more time has passed, we could be in a bull market just as easy.
hero member
Activity: 924
Merit: 1000
I think we will stop around that area, not really 166 but anyway we are so close why not give it a try? We just failed the monthly pivot test and 220 is likely the next stop.
full member
Activity: 154
Merit: 100
I won't think it will be fall that much..because $200 is the lowest it can go...with this so much developed system
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