You should have a plan for every market condition. 
Topic: Was 17600$ was the bottom ? - page 5. (Read 772 times)
Nobody really knows…btc may go to $10k if the fed keeps raising the interest rates. But on the other hand, the markets may have priced in the rate hikes already. If that’s the case then yes, $17600 should be the bottom. We will see what’s going to happen soon You should have a plan for every market condition.
You should have a plan for every market condition. 
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
You have almost the same thread created just an Hour after another thread was created in speculation section hereMaybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
https://bitcointalksearch.org/topic/m.60400853
though there is 500$ difference from the said thread , now we are looking for more lowering price and yet ?
Maybe it is the bottom? or this is the next lowering in the following days.
this should be in speculation but in my recent tweet https://twitter.com/41n_CuY/status/1538343118340505600
https://www.tradingview.com/chart/rAERMbmO/
max $10K but i down want bitcoin touch that level
is already bleeding red everywhere
https://www.tradingview.com/chart/rAERMbmO/
max $10K but i down want bitcoin touch that level
is already bleeding red everywhere 
It's back to $20k and this is the weekend, usually this is where the dump happens in the past but now, it is what people have seen as a great time to accumulate because for the past weeks bitcoin has been dumping.
We still don't know if that was the bottom but hopefully it was. Or this could also be a trap and it can be worsen and be quick again in dumping. If it continuous to recover up to $25k, then that can be a confirmation we're already out of the bottom.
We still don't know if that was the bottom but hopefully it was. Or this could also be a trap and it can be worsen and be quick again in dumping. If it continuous to recover up to $25k, then that can be a confirmation we're already out of the bottom.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Yeah, I saw a lot of tweets saying to get your money out of BTC because it will collapse. Others predicting that we will see a continue dump to $15k to $12k.
But obviously, we've regained some grounds today as we go back to the support line of $20k.
So it's either this year, we will see some recovery to the upper $30k'ish, or collapse to $12k, as the bottom price.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Way too early to say this. This might be the final bottom btc might ever see or it might just be tiny relief pump just to trap the Bulls further in the net to go down even further. I think both the scenarios have pretty good probabilities of being true. But at this point in time i have an advise for people who think they can't see bear run to get out around an area of 28-30k if btc reaches around there because this bear run might last pretty long and we might see btc and especially alts going to complete rock bottom before they begin to shine again. Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
A single day is too short term to predict anything. It could go to $22k tomorrow, or to $17k or stay at the same level. What is important is that the peak of a previous cyclle was broken on the downside, which happened for the first time in Bitcoin's history. Previously, Bitcoin had higher highs and higher lows, which was a sign of long-term bullishness, now this perception was weakened,
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
We have seen some recovery, but we still haven't felt the full impact of the Russian invasion on Ukraine, the full force of gass prices going up and food shortages, and that economic downfall will surely effect BTC prices. So I think it's still early to say what the bottom will ve, but it's definately a new set of variables we are working with.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
The problem is that we don't know if it's the real bottom or not. We just have to be prepared for the unexpected happenings. Yes initially the bottom that we have initialized was around $30k as I have DCA'd with Bitcoin that time. Then it dropped down to $20k, thinking that it was the bottom again. I DCA'd the 2nd time around $21k+, and here we are at a loss again standing at $19.4k+ as of this time in posting the reply. It's just that we make sure that the amount we invest or trade is something we can afford losing and not going all-in.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Really don't know even personally I didn't think it would hit $17K before. But the $17K barrier has been breached and is likely to reappear. This is just speculation if you see the instability that is happening now if the price continues to break below $17K again maybe $15K can go down.
Just a couple weeks ago people were asking if 30k was the bottom and many thought so.
In the thread I made many people thought that we wouldn't fall lower and some who did thought that we'd go to 23k or 20k. For me going below 20k was also a huge surprise because we rarely touched any levels below 200 WMA. You can see that in the well known stock to flow model that we stopped following last year for the first time in many years.
After seeing the price drop below 20k I feel extremely bearish, like I've not been since 2014 when Gox collapsed. I feel like we could be going lower and lower even to 10k because of people's stupidity. Going to 17k meant large number of investors left the market with losses. I doubt anyone who sold below 20k did that with a profit and we're talking about thousands of bitcoins. This is going to lead to a year long bear market. I hope I'm wrong about this.
In the thread I made many people thought that we wouldn't fall lower and some who did thought that we'd go to 23k or 20k. For me going below 20k was also a huge surprise because we rarely touched any levels below 200 WMA. You can see that in the well known stock to flow model that we stopped following last year for the first time in many years.
After seeing the price drop below 20k I feel extremely bearish, like I've not been since 2014 when Gox collapsed. I feel like we could be going lower and lower even to 10k because of people's stupidity. Going to 17k meant large number of investors left the market with losses. I doubt anyone who sold below 20k did that with a profit and we're talking about thousands of bitcoins. This is going to lead to a year long bear market. I hope I'm wrong about this.
Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?
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