Warning! Here's Why BTC is Set To Fall To 3000 or Lower!

Duzter

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Quote from: watergold on December 01, 2019, 02:52:54 AM

Quote from: el kaka22 on November 30, 2019, 07:11:54 AM

Quote from: alani123 on November 24, 2019, 11:05:02 AM

I think technical analysis is most useless for such a prediction.

It means we cannot expect to have new ATH in short term. We might need to wait till beginning of 2021 for new ATh most probably. Again, no speculation is final as market reserves all the rights to change anything at the final moments Wink

. But, current markets are good to buy more without any hesitations.

The new ATH is probably still far away because the market is not certain and what I see is only bearish, what happens after haliving will not make it into a new ATH but there is still a slow process and market movement, so I just think someone's technical analysis is not can be confirmed.

The new ath is far away from my view, but the same can happen in no time. This is the reality of the market, unexpected market change happens in unexpected time period. Right now it isn't the time for such large scale growth. Probably now there will be gradual growth that makes the price move bullish in a much stabilized manner than moving steep high or low.

Bossian

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Quote from: d3nz on December 02, 2019, 01:36:50 AM

I don't trust newbie accounts and plagiarised content, you should avoid copying people's content and this will mark your account untrustable.

And for the content that you have copied, Actually, bitcoin might go down not more than the value of $3000 and only below $6000 and this might happen before end of this year sowe might expect a hard plummet and it could bounce back the value and we don't know what range of value might it hit.

The fact that he is a newbie has nothing to do with this prediction. He is not the first one to predict 3k soonish. Is it plagiarized I have no idea (cannot be bothered to check), but I did read the same kind of prediction lately from other traders.

Remember, there is a resistance at 6.4k but this resistance is likely to be broken on the bottom (unfortunately), just before the halving (ironically

), so when the price will go below 6k, next big resistance will be 3k, and another massive resistance is 1k. That 1k price looks very far, but......

To be honest, 3k looks like a good buying target, but 1k would be even better in the long term, even though panic would be huge at this price. But buying at 1k would be fantastic IMO (please remember that BTC was worth 1k not that long ago actually if we look at the big picture), many holders would sell at 1k but this price would attract a lot of newcomers as well.

Silberman

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Quote from: joinfree on November 24, 2019, 09:32:20 AM

Is it not funny that we always have newbies and crypto noobs always telling us the OGs about the price trends of bitcoin. the lamest thing is that i learnt he plagiarized the post. i hope he has already been banned from plagiarizing more posts in the near future. Damn, how i wish we could have a way of getting rid of all these posters. Big ups to the mods with this daily hustle of cleansing this forum

So disappointing, it is always important to support new members of the community especially when they seem to be posting good content but now that we know that he has plagiarized that post he deserves to get punished by the rules, and it is a shame because the content was good even if I do not agree with the prediction or with the method that was used to get to that prediction, however I believe that the market is in fact going to give us a surprise during the next weeks and it is going to go down a little bit further.

Savemore

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Quote from: d3nz on December 02, 2019, 01:36:50 AM

I don't trust newbie accounts and plagiarised content, you should avoid copying people's content and this will mark your account untrustable.

And for the content that you have copied, Actually, bitcoin might go down not more than the value of $3000 and only below $6000 and this might happen before end of this year sowe might expect a hard plummet and it could bounce back the value and we don't know what range of value might it hit.

All I trust in trading is my self, I do not intend to use sentiment analysis where my decision will be based to other people opinions and ideas. My decision is base on the price action and I'm using technical analysis for me to have an effective decision where I can maximize my profit and lessen the losses.

Reatim

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Quote from: kanaan2019 on November 24, 2019, 07:28:20 AM

join our telegram : https://t.me/priceprediction

i knew it,after that too long story in the end there is a advertisement lol,and who the fuck will join your telegram for price prediction when you were getting Posts of others?Plagiarism is a total shit and wondering why you are still not banned from this forum.

if you cannot even be trusted from the post why would people believe your prediction?

anyway if what you are saying is true?then i will be very thankful because now there is a chance to buy more than 2 bitcoin from that $3k below value.

kapalmabur

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Quote from: d3nz on December 02, 2019, 01:36:50 AM

I don't trust newbie accounts and plagiarised content, you should avoid copying people's content and this will mark your account untrustable.

And for the content that you have copied, Actually, bitcoin might go down not more than the value of $3000 and only below $6000 and this might happen before end of this year sowe might expect a hard plummet and it could bounce back the value and we don't know what range of value might it hit.

maybe he is experiencing frustration and depression because the price of bitcoin is down, I agree with you,
indeed if drawn at the bottom line then support is at $ 4500 and that is likely to happen, prepare your money! to buy

d3nz

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I don't trust newbie accounts and plagiarised content, you should avoid copying people's content and this will mark your account untrustable.

And for the content that you have copied, Actually, bitcoin might go down not more than the value of $3000 and only below $6000 and this might happen before end of this year sowe might expect a hard plummet and it could bounce back the value and we don't know what range of value might it hit.

fortunecrypto

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Quote from: davis196 on November 24, 2019, 07:48:32 AM

Quote from: AB de Royse777 on November 24, 2019, 07:43:41 AM

Get ready to buy then !
You won't get this 2nd chance anymore in fact I suggest to start now. Sell your organs and start buying.

That's wrong.Bitcoin price will continue to go back and forth between pumps and crashes for the rest of our lives.It can go back to 3K USD more than several times.

And I just thought on the first read of the paragraph that it is 2018, I'm surprised that it's 2019, just when everybody is talking about Bitcoin's next all-time high and how high it can reach again, here we go, some people, telling us that it will fall to $3000 or even lower, I did not even read the whole posts, because this is not the situation where we are in.

watergold

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Quote from: el kaka22 on November 30, 2019, 07:11:54 AM

Quote from: alani123 on November 24, 2019, 11:05:02 AM

I think technical analysis is most useless for such a prediction.

It means we cannot expect to have new ATH in short term. We might need to wait till beginning of 2021 for new ATh most probably. Again, no speculation is final as market reserves all the rights to change anything at the final moments Wink

. But, current markets are good to buy more without any hesitations.

The new ATH is probably still far away because the market is not certain and what I see is only bearish, what happens after haliving will not make it into a new ATH but there is still a slow process and market movement, so I just think someone's technical analysis is not can be confirmed.

FlamingFingers

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Quote from: AB de Royse777 on November 24, 2019, 07:43:41 AM

Get ready to buy then !

Only the strong hearted will buy bitcoin at $3k, majority of people will be afraid to buy at this stage, just like when hit hit $3k previously, there will be lots of FUD about the price going down more thereby scaring those who don't have the courage to buy

Quote from: AB de Royse777 on November 24, 2019, 07:43:41 AM

Sell your organs and start buying.

Quite funny though Grin

I wouldn't advise anyone to do this, the market is highly volatile, so that such person would not developed a heart attack if the Price correct before finally going up Grin

Bossian

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Quote from: electronicash on November 30, 2019, 03:46:10 PM

below $3k is not the kind of stuff i would believe though. i am also looking on to the monthly charts, i would assume this below $3k that op said could happen by march to june but that might not happen due to halving. if a whale who starts to think of dumping because the price could go that low, he might just be buying his BTCs back for a higher price. there is not much to fud these days all the possible news had been overly exploited.

3k is exactly the top of Wave 3 (see Elliott Wave analysis), this price was not quoted randomly. Technical analysis gives this price but of course it's an estimate, I would personally be very confident we get around 4.5k next year. That's why there is no point buying now at 7.5k.

Why pay a second hand car at $7500 when you can get the same car in similar condition for $4500 a year later? That's what we are talking about it.
Patience is key Kiss

Loving my profession.

Bossian

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Quote from: carlfebz2 on November 30, 2019, 03:37:47 PM

But scalping isnt for everyone thats why they do tend neither doing some swing or long term holding with their assets.Dont know why people do really like
to speculate going lower.

Simple. Just consider this.

For instance, I purchased 1 BTC in June 2017. Right now I have 1.72 BTC because of trading.

That's why trading or even scalping is interesting but indeed you need to be skilled otherwise you are screwed. People who screw up are usually the ones who cannot take it emotionally (see some threads here, there are plenty around).

electronicash

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below $3k is not the kind of stuff i would believe though. i am also looking on to the monthly charts, i would assume this below $3k that op said could happen by march to june but that might not happen due to halving. if a whale who starts to think of dumping because the price could go that low, he might just be buying his BTCs back for a higher price. there is not much to fud these days all the possible news had been overly exploited.

Bossian

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Quote from: Wexlike on November 30, 2019, 02:22:57 PM

Quote from: Bossian on November 30, 2019, 01:05:12 PM

Long term trends are usually very strong, but things are looking good short term, until Jan or Feb 2020. Plenty of money to be made in the following 2-3 months. That's the bright side of the crypto world I guess, make money regardless if the trend is bullish or bearish Kiss

Hope for the same. Nice volatile trading range for scalping.

I don't know what's your definition of scalping, but from what I remember when trading on sport (small odds variation), it is a strategy to trade on very small movements.
I personally don't do this, but I understand how tempting it is.

But I advise you don't talk about scalping on this forum, you will be mocked. I was mocked on this very forum because I confessed placing trades for a 20% profits. But hey it worked everytime this year Kiss

Scalping is more 5% or this kind of profit? I believe so.

Basically you wait until we hit a resistance, and when we start to go down again, you sell, and buy again very shortly after.

I am not too comfortable with this since my commission with Bitstamp is 0.5%, that's too high in my opinion because you have to pay on both orders. That's why I aim for 20% profits, or similar.

Best of luck anyway. Tongue

carlfebz2

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Quote from: Wexlike on November 30, 2019, 02:22:57 PM

Quote from: Bossian on November 30, 2019, 01:05:12 PM

Long term trends are usually very strong, but things are looking good short term, until Jan or Feb 2020. Plenty of money to be made in the following 2-3 months. That's the bright side of the crypto world I guess, make money regardless if the trend is bullish or bearish Kiss

Hope for the same. Nice volatile trading range for scalping.

But scalping isnt for everyone thats why they do tend neither doing some swing or long term holding with their assets.Dont know why people do really like
to speculate going lower if we do consider on the path we take reaching these levels wayback into that sudden dump on the market.There were lots of fundamentals
that we can refer about but those arent sure things to be applied on the current market condition.On the upcoming halving and more future months to come
we can presume some positiveness but we wont know on when it would happen completely.

Wexlike

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Quote from: Bossian on November 30, 2019, 01:05:12 PM

Long term trends are usually very strong, but things are looking good short term, until Jan or Feb 2020. Plenty of money to be made in the following 2-3 months. That's the bright side of the crypto world I guess, make money regardless if the trend is bullish or bearish Kiss

Hope for the same. Nice volatile trading range for scalping.

bitvalak

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Bossian

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Quote from: ?? on ??

Quote from: el kaka22 on November 30, 2019, 07:11:54 AM

It means we cannot expect to have new ATH in short term. We might need to wait till beginning of 2021 for new ATh most probably. Again, no speculation is final as market reserves all the rights to change anything at the final moments Wink

. But, current markets are good to buy more without any hesitations.

I am also not expecting any all time high valuation anytime soon and it is true none of these speculation will go according to our plan nor anyone's, we have a good support around $6400 and it is highly unlikely that it will get breached unless we see a bearish trend when the price is hovering around $7k. The market cannot be predicted that easily and i always expect the unexpected all the time.

The support at 6.4k is very real indeed. Good point.

However the correction should be (unfortunately) stronger and should break below this support.

Long term trends are usually very strong, but things are looking good short term, until Jan or Feb 2020. Plenty of money to be made in the following 2-3 months. That's the bright side of the crypto world I guess, make money regardless if the trend is bullish or bearish Kiss

Bossian

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joshy23

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Quote from: alexsandria on November 30, 2019, 09:51:54 AM

Quote from: MURONDI on November 24, 2019, 08:54:26 AM

the bitcoin market is not the same as the forex market, bitcoin is more difficult to predict than forex, technical analysis is less effective in bitcoin trading, I often try technical analysis for bitcoin predictions but often meet with false signals.

Not all the time mate. It is somehow quite effective it may be you deal with it in a wrong way. Well, bitcoin market do go side ways but sometimes those alts are partially dependent to bitcoin. I agree that bitcoin trading is quite tough, but with proper techinical analysis with proper dealing with it would lessen your greater loss than not.

Continuous learning on how to track down those technical analysis and how it will work according to your plans. The market volatility made it more tougher as momentum keep on changing from time to time. You need to have a good position before you make the deal both long and short trades can be help by good technical analysis to pick your position in the early stage.

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