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. 

Looking over the thread I am kind of surprised no one mentioned a dip happens when there is a fork of a new coin for that particular cryptocurrency.

Naturally I thought it halved the amount of the currency in question right after the fork on the blockchain occurs but after the last time it happened to bitcoin per se. That did not happen like it does for stocks when they create an A and B product of the same stock that has become to large to manage under one symbol on the stock market.

IMO this year there is no sign of anything (increase or decrease)
if there is a big rise there is likely to be a sudden price slump and vice versa. the situation is still normal.
pretty hard to see such a thing, only in 2018 there will be many unexpected surprises because a little bird told me about something like this before.

I am not of an expert too but in my own experience as a short time trader, if there is a big oumo and reach a maximum point, there will probably be a dump.
Maybe for a reason of some gets really worried and just want to get all the profits out before anything happens and when there are a lot of people selling, then many would panic sell.
These kind of things always happen and everyone could notice it to happen. A single FUD could bring the price down in a single blow you know.

Far impossible to predict, but for someone who is knowledgeable on how to make use of the charts and indicators, as well as support and resistance to their advantage, they should be able to make some decisions based on that effectively. We are always expecting an outcome, and the thing with trading is to keep asking yourself that, if this happens, what will happen next and that is how you are able to analyze.

One thing you should always understand is that, unless you are just gambling your position, the market one way or the other will always be a few steps ahead of you to confirm a position and also one of the reasons you do not joke with your stop loss.

However, if you are looking for a dip, you should be ready to know how to analyze candles, understand bearish situations as well as divergence, and with that, you should be able to get into a market that is about to switch to the downtrend, but the market will always give you time to make that decision.

If you knew the signs, why bother speculating? Everyone would just follow the trends for the pumps and the dumps and act before it actually happens.

Some signs could really go both ways, such as sideways movement of bitcoin. It could mean that it's just consolidating before the next big pump, or it could be testing support at a lower level. There is no definitive sign of a big dip coming.

But usually, if you see the price of bitcoin increase for no reason other than sheer speculation, you can most likely be sure that it's a bubble, and a correction is imminent sooner or later. Matter of time, really.

Usually technical analysts use the charts and read candlesticks to try and predict where the price will go but time and time again, btc has debunked a lot of predictions. I agree that its more reactive to news in the crypto world than TAs . So be aware of what's going on around bitcoin

Plausible! A dip is expected to come when there's a big pump that recently happened and this is what's on my mind when we got in to $19,000 but I'm a fool that I became greedy and sold only few of my bitcoin. If I just followed my plan and executed it very well, probably my one bitcoin is already two now. 
I'm impress with people who will support their decision of buying at dip with proper TA but if there's none, its pure luck.

There is no specific way to know if bitcoin will dump but yes FUD news is the easiest way to do so. Those who bought at a lower price are lucky, but those who sold it because its dumping are the real looser. Don’t just depend on any sign or what, make your own study on how to read the market.

It depends. Smart money buys and sells in smaller fractions, where dumb money goes all in or all out. From there it's pretty easy to assume that smart money has more room for mistakes, which it can correct at any time when needed to still benefit. In other words, they are less dependent on the market to move in a certain direction, because they benefit from both up and down movements if done well. Luck is just one of the factors when it comes to trading, but even when it was the only factor, with the aforementioned in mind, smart money most of the times manages to get around that luck factor pretty easily, which makes the difference.

I agree, just like what happened last December 2017 when Bitcoin climbed almost $20,000 USD. The increase was fast, its not gradual and when it reached $20,000 USD boom like everyone wants to sell and slashed the price 40%. I am still positive that Bitcoin will surpass $20,000 USD this year. We are still in the 1st quarter of 2018 and if you look historically, price of Bitcoin surges at the last quarter.

I was expecting the price to not go as high yet as 10.5k and thought it would drop to 8k and either stay there or drop nearly back to 7k and maybe as low as the 6k before.  I'm surprised at people buying at 10.5k because that seems quite a high price to me.  I could imagine day trader type people buying and hoping it might go a bit higher say to 11k but not for holders to buy at 10.5k.

The signs will be everywhere when an impending correction/dip is about to happen.  Everybody will talk about BTC and join the hype- your neighbors, cab driver, social media friends, mainstream news, investment schemes, etc. will make the price reach another ATH. Fundamental Analysis and Technical Analysis are both useful as well, but only apply those which are applicable to your own strategy.

Perhaps this correlation was only made because these big whales dropping their Bitcoin only becomes news when prices are facing downward pressure. It's only natural to look for reasons when there really aren't many to explain precisely why Bitcoin rises and falls. I mean, you only need to look up news and historical charts to see that dumping also happened the entire stretch of Bitcoin's massive bull run last year. Those sell offs tend to be drops in the ocean, just as huge buys (as recently done by Bithumb) aren't followed by FOMO.

I'm also not convinced that people who manage to buy into dips are that much smarter than others. Luckier, perhaps.

Big dips are probably best understood in the context of news coverage and investors. Often times, if a big investor pulls his money out of bitcoin, that means that there will be a lot of FUD people following who just try to get their money out ASAP because they don't understand what's happening. Furthermore, every time that happens, the FUDs also mention how bitcoin is finally done for, which influences more people to sell.

On the other hand, there are smarter people who buy the dip and get their profits when BTC stabilizes again. You should try to do that instead of worrying about the drops.

No one knows. Even as we speak, a big dip is possible even without a major news or something.

Let me asked you first, why you are expecting a dip? To bought or purchase more crpytos? Honestly at most of the cases, waiting for a target sometimes wreck trader's and people startegy.

If you are eyeing to purchase at bitcoin, enter at any current rate as long as you understand the risks. There are lots of reason that even how volatile bitcoin is, this can be considered as good for your long term goals.

Now with the other altcoins, you can considered waiting for more dips as it was expected but like I said, as long as you understand the risks of buying then you can deal with your stated concern.

Yeah. In a way, you can know if a market is trying to switch trends, but you cannot say if it is going to be a huge dip or a small correction until it happens anyway. Indicators and analysis are there for reasons and that is what one can always use to try to make market decisions to one's favor.

One cannot always get it right all the time, but most of the time, you definitely will. It only takes some level of knowledge and experience to able to make use of those analysis to your advantage for a buying or selling position. Also, a dip or downtrend as the case may be will not just happen once, it takes time unless for a pump and dump market.

Don't just believe in speculations that are not base on a logical chart that bitcoins gonna dip, If there are no solid evidence that bitcoin value will dip then don't believe it, And this are only predictions that may never turn out right, And if bitcoin dip then it is another chance to bought up or stock up for it to rise again, I really think it is best to sit back and relax.

I think the best sign of a big dip is an overheated market. Massive volumes that are only increasing week after week, prices just climbing higher without tracing back. And ATH after ATH broken and going for more. If this sounds familiar, then yes, it happened less than three months ago in December. Everybody was so happy, everybody kept saying more and more. Then the huge dip was on its way.

the easiest sign of an upcoming big dip is a big rise!

for example if you look at the charts you can see that every time there is a rise, it is followed by a big drop immediately after it. for example price goes up 100% then it drops 30%. this is also known as a correction which happens to be big in bitcoin since the rises are too fast and too big.

Yes. You can try all the methods you want to try and speculate if a huge rise or a dip is coming, but at the end of the day there it will happen you least expect it, there is no way to predict it because there is no stable market for bitcoin. Sometimes $200-300 dip feels like it'll turn out to be a major dip but it turns out be a rise of $1000 the next day.

It's difficult for me to determine the stats that one should consider. One such was the number of transactions per day, but as more spenders send transactions with multiple recipients, that seems to become less important.

In Stock,  forex and commodities "big dip" can easily be spotted by using hangman candlestick price formation and you can use boligoband to confirm the signal but in cryptocurrencies it is a different boil game. We have see a very big price dumping by just a tweet from financial expert or governments officer. Most time most of the technical analysis tools are suspended and price will be moving without respect for support and resistance levels. If we are looking for when dip is about to happen then it is good we embrace fundamental analysis.

It’s a little bit funny but as I experienced most of the time the best signs that a big dip is coming is the awakening of the panic minions in this forum. Remember those new accounts sharing bad propaganda, exaggerating small issues and connecting it to uncertainty and FUDS. The dip is not cheap and it is a group of people with one purpose to buy in low or promote other coins and that’s is only my observation.

I don't think there will be a lot of signs to tell you when a dip is coming. It might be caused by news, which can be random, or it might just happen randomly because the pool of new bitcoin investors is drying up. If you are going to make a bitcoin trade, you should base it on fundamentals and make it a long term trade.

The behavior of the cryptocurrency has no templates. No one can predict the behavior of prices. Trading cryptocurrencies are not governing factors. Simultaneous actions of whales can change the behavior of the market in any direction. The success of the cryptocurrency market is more dependent on luck.

I think bitcoin is going to break out to the upside. Look at the following image:



It's been trading within a narrow channel that points downwards - but has just broken the upward wall of the channel. To me that signals a break upwards.

If it had broken through the left hand wall downwards, that's when a big dip would have happened.

Being an investor of a volatile and decentralized digital currency, you must rely more on your experience and the price charts. As a trader, price charts are your companion and it will help you through your trading activities. I am not that professional in terms of trading though I know something that can help. Price charts gives pattern to traders that might help them, you can just read these article for it. Though I don't really know if this will help you or not.

https://www.tradingsetupsreview.com/10-chart-patterns-price-action-trading/

I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?