The big schock coming! But to which levels? 8500 or further?

trickyriky

sr. member

Activity: 882

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Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

It is always difficult to predict it, especially now, when the maket is down. Bitcoin can have a really great fall unfortunately, but later it will recover.

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: imapessimist on February 05, 2018, 06:22:52 AM

The big shock has come and gone. Maybe a bigger shock will be coming soon. But in reality the shock was that Bitcoin went to 20k. Not that it has fallen below 8K for now.

It was a Big Pleasant Shock when Bitcoin was over 20 thousand. Now this fall can cause a depression of some investors.

imapessimist

jr. member

Activity: 266

Merit: 1

I expect more fall in the next 24 hours. Even if it does seem to ralley a little bit now.

ILoveOnions

jr. member

Activity: 69

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Website: iloveto.dance

Seems that the bottom is in? Not really sure, but seems like.
It dipped below 7000!

Cheers,
JJ

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: prehisto on February 01, 2018, 08:03:38 PM

Yes, I think it could go as low as 8000$.
On one hand it is not a big surprise because technical analysis did say it will happen on other hand i am furious on myself because i did buy some alts exactly before the last dip , i had no to be aptient only 1-2 days and my plan would have worked. Stupid. Hope I will learn.

It can fall even lower, but then raise. I suppose March will be the time to watch Bitcoin fluctuation. The same will happen to altcoins.

dj_andreasgr

full member

Activity: 152

Merit: 100

the market acts like it is a dead market...strange!

imapessimist

jr. member

Activity: 266

Merit: 1

The big shock has come and gone. Maybe a bigger shock will be coming soon. But in reality the shock was that Bitcoin went to 20k. Not that it has fallen below 8K for now.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: standards on February 01, 2018, 09:28:48 AM

Quote from: midvoc on February 01, 2018, 09:19:06 AM

no-one knows what is going to happen but there has been 50%+ loss from january and it is still falling.

the price of bitcoin is still massively inflated so it should stall further.

i am holding altcoins and if bitcoin goes then i hope that some of the alts takeover and moon Wink

I don't think bitcoin is 'massively inflated'.
As for altcoins, most of which are falling hard today.
The only big one that is green is ethereum.

Ethereum is the new Dogecoin.... Cheesy

jostorres

hero member

Activity: 2534

Merit: 586

Quote from: weronixa on February 01, 2018, 08:42:43 AM

I think a lot of buyers would approach if the price went that low.

1 BTC = 1 BTC

Bitcoins will not go down more. They are just getting ready to shoot up. Jumping till the moon, they will be covering up all the mess created in the month of January. Some people are predicting for bitcoins to be the most impressive jump they are going to make in this month. As the well-wishers of bitcoins, we definite want this to be happening around us. May we see some good moves?

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: ILoveOnions on February 02, 2018, 04:41:41 PM

Not sure we're there, but I've been buying at 8200 ....
Do not wanna miss out, but keep some dry prowder for if we're going lower!
Cheers!

I think the low is around 8k for this phase and from last couple of days if you see the resistance support is also 8k and the prices is able to hold the 8k level. Jan as well know the market do fall and now that is over so we should expect some rise form this levels and you did well to start accumulating form this levels .

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: prehisto on February 01, 2018, 08:03:38 PM

Yes, I think it could go as low as 8000$.
On one hand it is not a big surprise because technical analysis did say it will happen on other hand i am furious on myself because i did buy some alts exactly before the last dip , i had no to be aptient only 1-2 days and my plan would have worked. Stupid. Hope I will learn.

My point of view is as follows: the biggest shock is over, and Bitcoin will not fall so critically now even when the market slows down.

standards

sr. member

Activity: 560

Merit: 261

Quote from: ILoveOnions on February 02, 2018, 04:41:41 PM

Not sure we're there, but I've been buying at 8200 ....
Do not wanna miss out, but keep some dry prowder for if we're going lower!
Cheers!

You certainly made the right decision.
As we can see, the marketing is recovering very fast.
We won't see 8200 again.

GeorgeFeb

full member

Activity: 224

Merit: 101

Quote from: Searing on February 02, 2018, 05:08:28 PM

We need Tether to be resolved one way or another

either

1) they played the system and pumped BTC and thus all crypto rose from their games

or

2) it is just all a bubble for other reasons and speculation and nothing to do with tether

but, my fear is that Tether (under investigation) will drag this out for months.....

a quick resolution on where they stand in all the above would go a long way towards better prices, IMHO!

(what do I know ..I bought into this whole tulip crypto stuff by drinking the kool-aid in 2013....my advice is tainted)

Pfff, then you should be a rich guy now, providing you have bought 50-100 Bitcoins dirt cheap in 2013!

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

We need Tether to be resolved one way or another

either

1) they played the system and pumped BTC and thus all crypto rose from their games

or

2) it is just all a bubble for other reasons and speculation and nothing to do with tether

but, my fear is that Tether (under investigation) will drag this out for months.....

a quick resolution on where they stand in all the above would go a long way towards better prices, IMHO!

(what do I know ..I bought into this whole tulip crypto stuff by drinking the kool-aid in 2013....my advice is tainted)

babygun

sr. member

Activity: 2170

Merit: 254

It seems that the price is for the moment fluctuating around the $8500 mark, meaning there is support at this mark.
We will need to wait and see what happens tomorrow, if the price starts dropping and doesn't bounce back at this mark, than we are in for a new crash I think....

ILoveOnions

jr. member

Activity: 69

Merit: 2

Website: iloveto.dance

Not sure we're there, but I've been buying at 8200 ....
Do not wanna miss out, but keep some dry prowder for if we're going lower!
Cheers!

BountyX

full member

Activity: 352

Merit: 100

Quote from: CrazeCoinz on February 02, 2018, 04:12:21 AM

Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

What happening now is a big dip in my crypto experience, the price now is at $8.5K and still dumping. A projection that the price will go down near $5k. I will think it on a positive side that, this will be a good opportunity to buy again. Hope that this will stable soon.

In The past at some point Bitcoin was 60$ and it went down to 2$... THAT was a big dip. People who bought at 60$ and sold at 2$ might have regretted it later on.

gabmen

hero member

Activity: 1246

Merit: 529

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Quote from: jellyhashman on February 02, 2018, 04:45:58 AM

Quote from: Bayoe_noe on February 02, 2018, 04:40:50 AM

Quote from: standards on February 02, 2018, 04:24:29 AM

What is the reason behind this magnificent dip?
I anticipated there would be some correction, but never expected it would be so big.

if you see a very drastic reduction in bitcoin prices, I look like last year. beginning in 2017 bitcoin also dropped dramatically and it takes a long time to stabilize and go back up.it might be down to $8000, but hopefully not. if the price drops to $ 8000 alu think it will take a long time to get back to $12000 or more...

IMHO price drops to 6-7k, but we see 12K in 3 months again

Well its a good advice to never expect anything because many people, even those technical analysts whatever, have been proven wrong with unexpected market movements. We can very well be on our way to 5k, who knows. The thing is, if you believe in bitcoin and it's potential, this won't really matter

megalith researcher

newbie

Activity: 25

Merit: 1

Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

I think it can go to $7000, and, as you said, it might be necessary before we see new highs.
I think the trick now is to be patient, and do not trade if you are not experienced. History has shown that trade at the bottom price is, most of the time, a bad idea.

imapessimist

jr. member

Activity: 266

Merit: 1

I think to get lots and lots of new buyers in now it will need to go to 2-3k. Because that's the price it was before the big rise. On the price over 12 months the price is not low. I think that's where people are making a big mistake. They think because the price went sky high for a few weeks that's the price. It isn't.

Topic: The big schock coming! But to which levels? 8500 or further? (Read 602 times)