Topic: What would be the signs a big dip is coming (Read 534 times)

I believe the growing cost of bitcoin transactions may be an early sign of the approaching collapse of the bitcoin course. The average cost of a transaction is calculated by the formula: the income of the miners, which includes commissions for transactions and rewards for blocks, divided by the total number of transactions over a period of time. In 2010 and in 2013 the average cost of transactions increased sharply just before the sharp collapse of the rate of the crypto currency.

Yeah just keep yourself aware of what's going on around crypto world since news most of the time are broadcasted ahead. Be keen on gossips and rumors as well. You can't exactly know when time a dip can happen but you'll have ample time to prepare.

i agree, watching news can greatly help you in order to be more aware on whether bitcoins value can decrease or imcrease. news is somehow faster than any other online article and you can also assure that it is legit because they have a real source. They reputation may be at risk if they create such fake/hoax news.

so thats it, you should oftenly watch news in t.v in order to stay updated on what will be the next flow of the bitcoin market.

Most of the time when I see a price decrease it has to do with some negative news affecting the market, most of the time the news comes first and then the charts take a downturn if that is correct you will do better by watching the news regarding bitcoin and take the needed actions once you begin to see the movement on the charts, it is not the best method but it may work for some.

For me you should also rely on some crypto news site, because some crypto news can bring substantial bitcoin price changes. Like on what happened in India, there is a fake news that are spreaded in different crypto news sites that the government of India totally banned and strictly prohibited of using and trading all kinds of cryptocurrency in their country that caused the drop of bitcoin price.

For someone who does not even know how to do some analysis, it is really not sensible waiting for any dip. I am sure the OP may be one of those who follow some signals from some traders to make their decisions. Follow other people signal is not good, because a point will come when you will just have to be able to make those decisions all by yourself.

For me, it is necessary for the OP to understand resistance and support, and then watch the price action on those spots, while using other indicators to make some final decision.

Any idiot (and they surely abound in this forum) can say that a big dip will follow after massive unsustainable growth, but what help is that if you don't know when the big dip will hit in regards to price? When in bubble mode I never sell on the first wave since there is no way to predict the top, but I always sell a portion when the dead cat bounce reaches peak and starts to turn since in my experience that always signals a big downturn in cryptoworld. This cycle I held through all of Desember and sold at aproximately 16.000 USD  January 6th. This strategy has now worked for me through three bubbles.

At this stage we are well and truly out of the bubble part of the bitcoin cycle and the vacillating price reflects this. My gut and experience tells me the price will slowly slide downwards with occasional upwards movement like now, just like it has done in the interim between the previous bubbles.  This is why I have liquidated a portion of my BTC and will be ready to pick up fallen fruit when we slide downwardsand the market is close to dead. When it comes down to it the movement of the growth cycle is the only thing that gives you somewhat really solid hints about what is going to happen with the price, but it's macroscale.

That said I am 100% confident we will see further bubbles but when is a tough one to say, certainly there is no reason for a new one right now and Bitcoin does not do gradual growth well, Bitcoin grows in spurts, not gradually. Never listen to any newbie idiot who says stuff like "I believe we will slowly creep upwards to 25.000 usd during the year". Based on all experience it is a completely worthless prediction.  

Huge rise in the bitcoin price at a short time is a sign of price crash is coming and when the medias starts taking about bitcoin negatively there will be price drop will occur.But there no specific way available to find predict the prices of cryptos.

I think the whales bought a lot of coins for $ 6,000. Now the price of bitcoin will grow. In this way the correction will be but it is only a short-term phenomenon. Everyone who holds their coins will be able to sell them this year at 20K+ dollars. You always have to have patience.

It already dipped below that. If we remain above $10774 (Bitstamp) we'll likely maintain a range a good bit above the $10,000 level, which allows traders to book profits repeatedly as long as the range remains unharmed. If we go down further from here, and thus break out of the aforementioned range, we'll likely be up for another $10,000 test. For a long time now, it has been a constant battle between supply and demand, but I am very confident when I look at the charts indicating fierce demand strong enough to keep pushing the price back up to +$10,000 levels. I would say that the demand is the strongest between $9000-$9500, mildly strong just around $10,000, and wobbly when it comes to any level above $10,000. I don't see it become any different without a major bullish trigger.

Bitcoin has officially reached $ 9,000 today, due to massive user adoption of hedge funds, futures markets are soon released and increasing number of users. Ironically, many in BitcoinMarkets expect prices to fall towards the end of the week, partly because US banks are closed. However, over the past week the price has been showing strength, consolidating at a low $ 8,000. Twice the price had dropped to the range of $ 7,800, but the decline was quickly purchased.

This! If there will be some app who will know the news in all over the world in advance then it may be easier for is to calculate whether there will be the dip, we depend more in news than in charts analysis.

Unfortunately no one knows .Because to be honest if there's a sign before it falls, probably there's no losses on it ,which is we can sell before it falls. And for sure we will be comfortable if bitcoin fluctuation has a sign. Because no more worries and less stress on it . But the fact is  there's no signs on it and the volatility of price is very unpredictable,  that's why we need to learn some basic technical analysis to prevent loses from it.  

sorry to say.but theres no indication every single minute is possible dip,or possible growth..because if everyone know when would it happen.all of us will withdraw soon as we hear the news right?so what will happen to market if thats the case?

For me the best sign that a big dip is coming when the fluctuations seems to move in one direction and continuously tracing the pattern for almost a month. Though it's really hard to predict bitcoin price, looking at the graph might help while continue supporting the market. As what they say if demand will go up, and so as the price.

No body can predict dip or high price trend for crypto market. However, post Christmas and during Chinese holidays we can expect a dip in all crypto currency prices. This often happens in January until February mid week. Apart from that some negative news may impact but cannot expect less than 30% less price during these times.

If volume increases suddenly and the price starts trending downwards, we're likely to see a dip as selling pressure gathers momentum. We saw something like this today with a $500 move downwards.

Bitcoin seems to be holding on to $11,000 for dear life though.

Your image was not even connected well as at the time you posted this. The price already broke out of the trend and trading above it now. It has also tested this trend so many times already and bounced off it. A retrace is normal and all we need now is to see us go back to test the $12k resistance and I am expecting we break it. Nevertheless, the market is looking good now and all these may take some days to play out.

Because after bitcash was forked price went up it didn't drop. You are mixing stock market with crypto market, two totally different things, you can't do that. They have similarities, same things can inflict bitcoins to change, but product is different and that changes everything.
Knowing where is the top and when is the dip is what makes someone a good and profitable trader. Usually price is going down due high supply, when big players are dumping a lot of bitcoins, they usually trigger panic selling and people start to sell to, high supply low demand and you have falling price. Big players are the one who use money from selling on top to buy back bitcoins again, same amount and they have profit of they buy more bitcoins its what they decide. How to know when is that happening, try to follow blockchain and search for big transactions, you have some sites with information's about it. News move price up and down, but tops and dips are created from supply and demand, and people who can manipulate with that.

There is quite a rise now in the last few hours.  Will there be a dump?  I think that's anybody's guess. Looks as if at least 11k is likely.  Then people might take profits.