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Topic: The bottom is near... - page 18. (Read 4169 times)

jr. member
Activity: 294
Merit: 2
September 12, 2018, 09:26:35 AM
#88
Yes, now speculate that the basics are near, but because a few months ago the cryptocurrancy market was unpredictable, the chaotic price movements we have to do in these market conditions is to survive.
hero member
Activity: 1022
Merit: 538
September 12, 2018, 08:53:43 AM
#87
BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....
The bottom is not close to me as far as I am concerned, unless I am able to see some very good growth in the market to stir up a good volume upward. For some of the alts, we may have reached some pretty good bottom, but notwithstanding, there is nothing here to guarantee that the market could not go lower as it is and in fact, from recent happening, the bears tend to have upper hands than the bulls. So, in that case, permit me if I am not optimistic about the market yet until trend changes.

Yes, the situation on the market is very bad, but this is not bottom at all. I think it will be recovering soon, so don`t panic. Now it`s a perfect time to invest in.
People keep calling bottom like they know exactly where the bottom would be, but in the real sense, the bottom will only be known when the bottom ends up hitting and we switch back to a long term uptrend. Presently, we are still in a downtrend on the longer time frame and I wonder where the optimism is coming from when the market still has more room to go lower. I simply do not care how low it goes as long as that gives me opportunity to buy the dip. Focusing on a particular price being the bottom will not help.
jr. member
Activity: 126
Merit: 1
September 12, 2018, 08:25:03 AM
#86
It seems like we have not hit the bed rock yet people. ethereum is down the 200 dollar mark most of you speculated and from the looks of it it is heading down even more. Now bitcoin holds quite decently at 6200 you might be correct that it will buttom at 6000. Now with LTC looks like it following Ethereum.
jr. member
Activity: 140
Merit: 1
September 12, 2018, 08:14:13 AM
#85
Hi, everybody. Bitcoin has not yet reached its bottom, there will be a decline. Let's wait and see.
member
Activity: 504
Merit: 10
September 12, 2018, 08:09:22 AM
#84
My experience says that when you think that the price is already at the bottom, the price will drop another 20-30%
member
Activity: 165
Merit: 10
September 12, 2018, 06:25:58 AM
#83
At present, the market size is much larger so it is difficult to influence the price trend. Meanwhile, many investment institutions can not mobilize more capital or have to sell to collect capital. In addition, institutional investors are long-term investors who profit mainly from the growth of companies, so they hold a large amount of token, the amount of cash is not much. As the market fell too deep for so long, the bottom of the market is falling.
member
Activity: 131
Merit: 10
September 12, 2018, 05:44:40 AM
#82
BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?
They also thought about the bottom at higher prices.With each level, the probability of falling decreases.In any case, it looks very good for buying.
member
Activity: 208
Merit: 10
September 12, 2018, 05:07:08 AM
#81
BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

Since February 2018, Bitcoin has shown a strange but clear pattern. Bitcoin will fall to US $ 6,000, start a corrective rally, test the resistance level of US $ 10,000, and drop back to US $ 6,000. In the past six months, Bitcoin has repeated this process three times, all in the range of US $ 6,000 and US $ 10,000, and on rare occasions it has dropped below US $ 6,000 and penetrated above $ 10,000. Very likely, in accordance with Tabb Group's findings, a market far greater than the global crypto currency market continues to impact BTC's medium-term movements, particularly in the range of US $ 6,000 to US $ 10,000.

legendary
Activity: 1904
Merit: 1277
September 12, 2018, 04:05:30 AM
#80
BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

I think it's all about bitcoin resilience at the moment. Everything else is tumbling, with ETH leading the way.
For me, the recovery starts when bitcoin starts to pump again. Alts will likely follow in its wake.
Bitcoin dominance is high at the moment, but I think it is set to go higher. I can't see alts leading the recovery.
full member
Activity: 330
Merit: 123
September 12, 2018, 03:55:57 AM
#79
Generally in every market before seeing a restart and reversal of the trend there is always a final capitulation, with very heavy falls of 2-3 weeks and a peak of 1-2 days.

At the moment and in the previous downturns of the bitcoin and the market in this 2018 I have not yet seen this capitulation, so I think the $ 6,000 is not the bottom yet ..... I hope that bitcoin does not fall below $ 4000 (except for a one-day spyke) and the whole market does not break $ 100bn.

though I hope you are wrong and the bottom is already behind us, your words do have some truth to it.  though, 7500 --> 6000 could be seen as capitulation.
sr. member
Activity: 1022
Merit: 391
September 11, 2018, 05:08:28 PM
#78
Generally in every market before seeing a restart and reversal of the trend there is always a final capitulation, with very heavy falls of 2-3 weeks and a peak of 1-2 days.

At the moment and in the previous downturns of the bitcoin and the market in this 2018 I have not yet seen this capitulation, so I think the $ 6,000 is not the bottom yet ..... I hope that bitcoin does not fall below $ 4000 (except for a one-day spyke) and the whole market does not break $ 100bn.
jr. member
Activity: 120
Merit: 1
September 11, 2018, 12:37:32 PM
#77
i think bottom is soon, in the world is so many crypto lovers, and all want pumps, last bull run in 2018 will start after 3-4 wek, i know many people are weithing to october, becouse in last year big bull run was started in october
sr. member
Activity: 798
Merit: 263
September 11, 2018, 12:35:02 PM
#76
Bitcoin is holding fine above $6000 but Bitcoin market dominance reached  a new high of 56% yesterday. It needs to start declining and go below 50% to indicate that altcoins are back in favor.
hero member
Activity: 2128
Merit: 520
September 11, 2018, 12:08:55 PM
#75
This is a situation where a lot of people are disappointed because they are buying at high prices but maybe this is just a game because there is no clear cause of the current decline in the price of digital currency and maybe in the next few months the situation will return to normal.
No clear indications just the whale and early holders moves to shake the market and regained more coins inside their wallets, it's hard to say what is the bottom and how deep things can go inside the market, adding those weak holders who can't avoid to sell out into panic when massive dumped has been
taking place, after that when real investors begin to buy and hold the value will start to rise up again, maybe we don't need to wait for the bottom we should act by now.
newbie
Activity: 508
Merit: 0
September 11, 2018, 12:05:04 PM
#74
BTC shows signs of stability in the range of 6 300$-6 400$, trading volumes are almost 3.8 billion dollars, and the dominance index rose to 56.1%
full member
Activity: 644
Merit: 100
September 11, 2018, 12:08:29 PM
#74
Trading volumes rising, imho we are near the bottom, don't want to sell anything from my portfolio on such prices, better to forget about all this money for some period of time.
hero member
Activity: 2268
Merit: 507
September 11, 2018, 11:26:36 AM
#73
BTC = $6,200
LTC = $52
ETH = $196

I think this is the bottom that we've been waiting for. I called before the higher price as the bottom but I'm wrong on it so I guess this can be the final bottom that we are still unsure of.

Agree about ETH. But, the support level is 189 there due to ABCD pattern: https://www.tradingview.com/chart/ETHUSD/utvFxrDk-Top-5-Reasons-To-Be-Bullish-about-ETH-now/
Have you seen the next date of ETF announcement? It could give another bearish trend too. It's too early to say that we will meet another bullish trend again. Until all of ETF will have done and then it will not happened. I just try to expect next month we will see that. Just be patience for that. it's too risky right now.
full member
Activity: 546
Merit: 105
September 11, 2018, 10:47:10 AM
#72
BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

I wonder why exactly these figures? Just guessing? Or can provide technical analysis? The price of bitcoin can go below 6000$ without any problems
full member
Activity: 476
Merit: 124
September 11, 2018, 09:31:53 AM
#71
I think so too, that the bottom price for most crypto assets is near. Most indicators are showing that it is a really good time to buy during this golden opportunity wherein we can afford more from our funds compared to previous peaks. The bulls could wake up when September ends, at the start of Q4 2018, the trend may change to another surprising phenomenon.
member
Activity: 331
Merit: 12
September 11, 2018, 09:15:57 AM
#70
BTC = $6,200
LTC = $52
ETH = $196

I think this is the bottom that we've been waiting for. I called before the higher price as the bottom but I'm wrong on it so I guess this can be the final bottom that we are still unsure of.

Agree about ETH. But, the support level is 189 there due to ABCD pattern: https://www.tradingview.com/chart/ETHUSD/utvFxrDk-Top-5-Reasons-To-Be-Bullish-about-ETH-now/
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