Topic: Should we wait for a big drop in BTC? - page 6. (Read 21178 times)
The thread was created when the price of bitcoin was around $5000, by that time more speculations were going on that the price of bitcoin will not fall lower to $5000 and it is set to be the standard value for bitcoin. After this everything has changed and the price drop much low in value. Further there isn't any more drop as the market seems to be on the growth side.
Bitcoin will never drop below 3000$ ,best way to do is to buy btc now while you still have a chance, because within a month or two bitcoin is on the rocket again.
WHy it will never drop below $3000? few weeks back we hve lot of technical analysis predictions says that we are going to reach $2900 or little lower. 
Bitcoin will never drop below 3000$ ,best way to do is to buy btc now while you still have a chance, because within a month or two bitcoin is on the rocket again.
in general, we don't wait for that to happen, but we only need to prepare ourselves if that happens. well, but I hope the price of bitcoin won't drop even worse and go back up. I think this year the development of bitcoin will be really very good.
You cant say that . the price is destined to go up and down due to the effect of volatility . many users want the price to go up because they want to sell their coins at a higher rate but many are also waiting for the price to go down because they are investor and they want to invest more .
though i agree on what you have said . we must prepare our selves on any situations so that we can decide properly and we can avoid panicking .
@kavabanga07 - I totally agree with your analysis, we need to break that $3700 and it seems a mental barrier in front of us. Although the price is $36xx currently, it's not an assurance that it will not fall down even if there's no volume.
So far we're still in the bearish trend and we need to retest $3700 ASAP so that at least some shift in momentum is coming on our side. If the re-test is successful then for sure there will be short FOMO to $4k. Let's see how it goes.
The struggle around $3700 resistance level is real and I bitcoin's chart pattern I think that is the most familiar support and resistance level. If bitcoin could break over that level then we should expect a bull run that might push bitcoin above $4000. However, like you have said Alot need to be put into the market in other for it not to fall further. It is very possible that bitcoin can still go below $3000 and if notting fundamental happen it's more of downtrend than up trend. So far we're still in the bearish trend and we need to retest $3700 ASAP so that at least some shift in momentum is coming on our side. If the re-test is successful then for sure there will be short FOMO to $4k. Let's see how it goes.
@kavabanga07 - I totally agree with your analysis, we need to break that $3700 and it seems a mental barrier in front of us. Although the price is $36xx currently, it's not an assurance that it will not fall down even if there's no volume.
So far we're still in the bearish trend and we need to retest $3700 ASAP so that at least some shift in momentum is coming on our side. If the re-test is successful then for sure there will be short FOMO to $4k. Let's see how it goes.
The struggle around $3700 resistance level is real and I bitcoin's chart pattern I think that is the most familiar support and resistance level. If bitcoin could break over that level then we should expect a bull run that might push bitcoin above $4000. However, like you have said Alot need to be put into the market in other for it not to fall further. It is very possible that bitcoin can still go below $3000 and if notting fundamental happen it's more of downtrend than up trend. So far we're still in the bearish trend and we need to retest $3700 ASAP so that at least some shift in momentum is coming on our side. If the re-test is successful then for sure there will be short FOMO to $4k. Let's see how it goes.
Some crypto experts thinks that this year, bitcoin is still in accumulation phase so there is still a possibility of another significant drop in the price of the leading cryptochrrency. Other analysts believe that bitcoin is already near its bottom and it may it hit durjng this first quarter of the year.
I myself think that now we are approaching the bottom or already on the bottom. but it can also fall again if bad news arrives. but if bad news doesn't come. but a positive issue that come then buy it. that could be your chance to buy
Yes, you are right already we are at the bottom stage which we don't have any clue when the Bitcoin price will fall and when the Bitcoin price will raise. So it is always good to buy at the current value of Bitcoin because now we are the bottom stage which it is the right time to grab the coins.
@kavabanga07 - I totally agree with your analysis, we need to break that $3700 and it seems a mental barrier in front of us. Although the price is $36xx currently, it's not an assurance that it will not fall down even if there's no volume.
So far we're still in the bearish trend and we need to retest $3700 ASAP so that at least some shift in momentum is coming on our side. If the re-test is successful then for sure there will be short FOMO to $4k. Let's see how it goes.
So far we're still in the bearish trend and we need to retest $3700 ASAP so that at least some shift in momentum is coming on our side. If the re-test is successful then for sure there will be short FOMO to $4k. Let's see how it goes.
When looking at this picture, the bull flag i compared it to today, even if we go up again, could still be a fake one. First sign we need to see at least, is that red zone break. If that happens, could be this is not a fractal .
I will try to make a new analysis tomorrow. At the moment still no dumping, but it is becoming very important that the 3620 breaks soon, rather within a few hours, but max 24h. What is very worrying AND very different as well compared to the Dec rally, volume is dead again on btcusd. Based on this, chances for a move down and/or a Bart move are more likely. It happens (almost) always when volume becomes this low.
However, even though alts have weakened today, they are not yet getting dumped. So there is still a decent chance it will all work out. As mentioned before, the 3700ish is an important level between bulls and bears for me. So i rather be careful at this stage, the 3700 has to break coming day or two. If that happens, bullish scenario's are much more likely to happen. Below the 3700, this can all still be a retest inside the bear trend
in general, we don't wait for that to happen, but we only need to prepare ourselves if that happens. well, but I hope the price of bitcoin won't drop even worse and go back up. I think this year the development of bitcoin will be really very good.
Bitcoin price already become cheap in which everyone can really afford to join the investment now specially the new comers therefore there is no need to wait for another big drop as we don't know if the bounce back will going to start anytime now losing the opportunity of this cheapest price.
Some crypto experts thinks that this year, bitcoin is still in accumulation phase so there is still a possibility of another significant drop in the price of the leading cryptochrrency. Other analysts believe that bitcoin is already near its bottom and it may it hit durjng this first quarter of the year.
I myself think that now we are approaching the bottom or already on the bottom. but it can also fall again if bad news arrives. but if bad news doesn't come. but a positive issue that come then buy it. that could be your chance to buy
Everything's up for anyone to spculate about. I think we'll stay quite some time in this price range so it's ok to wait a little more for your preferred buy zone. With this kind of market movement, it's likely that there will be lower dips.
Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?
Its already drop now the bitcoin is $3600 price at this moment and we dont know if will drop more. Hopefully this new year we see some changes in the market,I'm hoping I can make a good profit this year to bitcoin even it's hard to predict.
Analysts were right, it did fall in price under the 5000. Now it is on margin between 3500 and 4000 thousand. The time wasn't right to buy but it's easy to say that now, since it's in the past. I still wouldn't know to say is it right time to buy but it hasn't fall significantly in price for some time, I hope that it will go only up from this point.
Just like what I always say, everyday is a good day to buy Bitcoin. As soon as you buy a Bitcoin, someone out there is also looking for higher or lower price of Bitcoin. There's always someone out there willing to Buy or Sell. Someone who anticipating the big wave of 2019. Just look at what happened to Dec 2018, people still bought at $19,000 USD and now they are stuck with holding a bag of coins that are no expression expensive.
Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?
I believe by now you now know that bitcoin is below $4000 and it's fighting to stay above $3000. That do not mean you should buy now except you have long term trading view in mind. If bitcoin pick up now it might be heading towards $10,000 and before it pick up there might be news or fundamentals analysis that lead to that. Some crypto experts thinks that this year, bitcoin is still in accumulation phase so there is still a possibility of another significant drop in the price of the leading cryptochrrency. Other analysts believe that bitcoin is already near its bottom and it may it hit durjng this first quarter of the year.
I myself think that now we are approaching the bottom or already on the bottom. but it can also fall again if bad news arrives. but if bad news doesn't come. but a positive issue that come then buy it. that could be your chance to buy
Everything's up for anyone to spculate about. I think we'll stay quite some time in this price range so it's ok to wait a little more for your preferred buy zone. With this kind of market movement, it's likely that there will be lower dips.
Some crypto experts thinks that this year, bitcoin is still in accumulation phase so there is still a possibility of another significant drop in the price of the leading cryptochrrency. Other analysts believe that bitcoin is already near its bottom and it may it hit durjng this first quarter of the year.
I myself think that now we are approaching the bottom or already on the bottom. but it can also fall again if bad news arrives. but if bad news doesn't come. but a positive issue that come then buy it. that could be your chance to buy
Another major crash is incoming soon. I am guessing that in short term there’s 90% chance to go below 3000$. Have you guys checked how near we’re the yearly bottom?
Some crypto experts thinks that this year, bitcoin is still in accumulation phase so there is still a possibility of another significant drop in the price of the leading cryptochrrency. Other analysts believe that bitcoin is already near its bottom and it may it hit durjng this first quarter of the year.
Jump to: