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Topic: When will the bottom be reached? (Read 316 times)

hero member
Activity: 1834
Merit: 523
November 24, 2018, 06:23:27 PM
#25
I don't know what is bottom price of the bitcoin before end of this year 2018. Because the only possible to happen if continue panic selling more people lose money and price increasing. But we can avoid it if will stop do the factor that cn affect to the bitcoin price.
legendary
Activity: 1652
Merit: 1483
November 24, 2018, 06:20:25 PM
#24
the real absolute bottom in my opinion has been $6000 without a doubt. and  we had every reason and market signal to believe that. not to mention that the real value of bitcoin is at least $3k above that mark around $9k.
this current price is fake and due to unrealistic reasons and pressures from manipulation and that makes it unpredictable. anyone who comes up with a number as the bottom is throwing in the dark at this point.

i don't think so. i think most holders (including myself) just convinced themselves that the $6000 bottom was an accumulation area. i speculated early on that the sideways was just a bearish consolidation before tagging long term, tested supports around $3000. i wish i stuck with that analysis from the start.

either way, i knew this outcome was possible. there's no need find "manipulators" to blame and the price is totally realistic. we haven't even come close reaching the losses of the 2014 bear market, so this is all still familiar territory.
newbie
Activity: 14
Merit: 1
November 24, 2018, 05:51:35 PM
#23
Longs are a bit stupid guys in such a market. Instead og going after a falling knife there could be a better strategy: remove all longs up to e.g. 10$. All these morrons that are selling would suddenly sell much lower (only shorters would win big) but longs would then win big x multiple times. and that way the bottom would have been reached quickly enough. Grin Grin
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
November 24, 2018, 05:49:28 PM
#22
With the most recent attack wave it has dropped to $3900. It was going well trying to stabilize near $4200-$4300, but there isn't enough strength do to that yet. Seems any resistance now is in vain, the tendency pushes down dragging everything through the way. The bottom isn't clear, and I have seem predictions that it could reach even further, to $2500.
hero member
Activity: 2842
Merit: 625
November 24, 2018, 05:44:25 PM
#21
It has reached $3,900 just right now. It's worth it to take bitcoin at any position right now if you are long term with it. No one has the word to say on what exactly is about to happen for this year.

But just decide on your own if you think you are satisfied buying right now at $3,900. If you aren't then you can wait a bit more and prepare for more dip which is said to be $3,000 or even under that.
copper member
Activity: 111
Merit: 6
wunbit.com Crypto Gaming Arcade
November 24, 2018, 05:31:27 PM
#20
Right now 3800 on bitstamp. Sadly most people that bought at 6.000 are going to start panic selling now to at least get 50% back since they think it’s going to 0. If this trend continues then we will see at the end of the year 1.500-3.000  price range for sure. It will be a dream come true if I can buy again at 1000 price range before a new rally in 2020.
full member
Activity: 293
Merit: 109
November 24, 2018, 05:27:48 PM
#19
No bottom. Some small stop at the $3000 mark  and then straight to nothing
legendary
Activity: 1302
Merit: 1018
Cashback 15%
November 24, 2018, 05:02:31 PM
#18
As for now, no one could make a hint on when would we be able to reach the bottom since there has been a lot of FUD news coming from nowhere. Don't worry when the market is dropping, just think of it as a blessing in disguise since you can buy bitcoin for a cheaper price compared to the last ATH which is worth more than $20k.
zby
legendary
Activity: 1592
Merit: 1001
November 24, 2018, 04:33:09 PM
#17
Maybe there is no bottom - just asymptotic ride to 0.
full member
Activity: 276
Merit: 103
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November 24, 2018, 04:04:29 PM
#16
The bottom will be coming soon (if there is to be a recovery), otherwise bitcoin value will fall too far for people to get behind it again. It's already going to be hard enough for people to get behind bitcoin as an investment knowing how many people have lost out in the recent crash. People are generally risk averse and the fear of losing 80% will put many people off.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
November 24, 2018, 01:24:22 PM
#15
the real absolute bottom in my opinion has been $6000 without a doubt. and  we had every reason and market signal to believe that. not to mention that the real value of bitcoin is at least $3k above that mark around $9k.
this current price is fake and due to unrealistic reasons and pressures from manipulation and that makes it unpredictable. anyone who comes up with a number as the bottom is throwing in the dark at this point.
legendary
Activity: 2576
Merit: 1655
November 24, 2018, 01:13:25 PM
#14
Bitcoin drops, how do you think when the end of the fall  below 3000 will be? Before the end of the year and when will the new race to the moon begin on the market? Is it worth taking Bitcoin on the last day before the very growth this year, or the decline will last in the new year and wait until the first jump upwards?

There's still a big possibility that we might fall below $4k because the sentiments of investors are still up in the air because of the market conditions. And as much as we always preach here to just HODL and wait till everything settles down, there will be investors most likely newbie who will just continue to panic and push the sell button. Personally, I don't see any growth before the end of the year, I'm already looking at 2019-2020 to be the bullish year. Its better to be prepared so that I won't be disappointed this 2018, just saying.
legendary
Activity: 2478
Merit: 1018
November 24, 2018, 12:33:21 PM
#13


No one really knows where the bottom but only assumption whether when price are going to be stable. Prices will just stick for a month or so and people think the price are already stable so they buy but all of a sudden starts to dip again making them panic. SO its best not to buy until the price rise up to more than $6500 because that's where it stick for a long time.
full member
Activity: 437
Merit: 100
Adoption Blockchain e-Commerce to World
November 24, 2018, 11:51:02 AM
#12
I think crypto market already reached to its bottom, if crypto market keep bleeding till the end of this year, I think everything wil be collapsed. For now, Bitcoin price is around $4200 and ETH price is around $120, I don't think it'll be able to dump more till the end of this year then whole market will start to rise back at the beginning of next year Grin
legendary
Activity: 3038
Merit: 1169
November 24, 2018, 11:36:56 AM
#11
Nobody knows what is the exact answer that is why we are speculating the nearest amount possible, But this is what I think and my prediction about the bottom could be.

I think that the floor for  bitcoin is $2500 USD or $3000 USD so far this is what a safe zone for the value of bitcoin to be at the end of this year but if we're talking about the next pump, for now, I can not pinpoint what could be the next race to the moon, This is just my guess I think it will be in the 3rd quarter of the next year this is all just guess knowing how bitcoin works that is unpredictable.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
November 24, 2018, 10:52:55 AM
#10
in my opinion no one can ascertain when the bitcoin price will rise ... but we can only predict the price of bitcoin based on experience from the previous few years ... and we all hope that the price of bitcoin will soon rise
All the peoples are says it will raise in future so we should believe the Bitcoin is the good attention. I personally think this will move to forward in end of the year and big jump is impossible in this year. So we should support the future environment and keep buying this bleeding market.
sr. member
Activity: 1554
Merit: 260
November 24, 2018, 10:52:41 AM
#9
Bitcoin drops, how do you think when the end of the fall  below 3000 will be? Before the end of the year and when will the new race to the moon begin on the market? Is it worth taking Bitcoin on the last day before the very growth this year, or the decline will last in the new year and wait until the first jump upwards?

We are in a situation where we can not be sure of anything at 100%.
The whole market is bleeding and most of the players are panicking. We can not predict in which direction panic will push users - especiali those with weak nerves. Personally, I think this is the end of price drops, but if we see $3500 it will not be a surprise for me.
hero member
Activity: 1120
Merit: 554
November 24, 2018, 10:48:10 AM
#8
I believe the bottom has already been hit.  I think it's too unlikely for the price to go any lower tha $4000.  The market is more mature now and there are too many big time investors trying to get cheap bitcoins.  There is easy money to be made at these prices and wall street investors are not going to pass this up like they did the last time.
newbie
Activity: 70
Merit: 0
November 24, 2018, 10:23:26 AM
#7
I think the decline will end by the end of the year and then in 2019, it will rise again. It always happens like this. They (the hugest resellers) don't like to wait for their money long.
But still, you never know this 100%. It's like a Russian Roullete.
full member
Activity: 588
Merit: 100
November 24, 2018, 10:07:24 AM
#6
in my opinion no one can ascertain when the bitcoin price will rise ... but we can only predict the price of bitcoin based on experience from the previous few years ... and we all hope that the price of bitcoin will soon rise
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