Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

buwaytress

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Don't know if I qualify as a bull, maybe a ram or something, but yeah I don't think bulls are the only ones thinking that we haven't properly tested bigger floors. 5,500 at least should see another appearance, and if that falters, then it's a very natural slide to psychological 5. If this is the multi-year bear that more and more people are preparing for, then that surely has to happen. Another way to look at it is that that's only a 30% slippage from the 6,700s that we've been only able to briefly hold.

Quote from: TomCrypto on September 28, 2018, 11:21:27 AM

The job done by the author that wrote this article in ccn is minimalist! No analysis of any kind, the people that were interviewed are not experts in trading or in bitcoin price they are just expert in a crypto project but their prediction is supported by absolutely no argument.

This is just a click bait article and that's a shame Sad

We're getting used to it. Not that a qualified expert or any sound evidence backing predictions make them any more accurate. I didn't click on it though Wink

TomCrypto

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The job done by the author that wrote this article in ccn is minimalist! No analysis of any kind, the people that were interviewed are not experts in trading or in bitcoin price they are just expert in a crypto project but their prediction is supported by absolutely no argument.

This is just a click bait article and that's a shame Sad

ELOCIN

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As we can see on the graph, bitcoin has fell to 5,000$ few times this year but i didn't see any big rally yet as the bearish market continues. I think a big rally will happen when bitcoin breaks some of the key resistance around it.

manismanja

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it looks like it's just the hope of people trying to make the price of bitcoin collapse and want to buy bitcoin at a very cheap price.

zazarb

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I think these people are like that people who always expects the price to fall more than it is now, but when the price is definitely reduced to that limit which they expect the price to fall, they never buy it anyway, because when they hoping that the price will drop even more.

South Park

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Quote from: gabmen on September 25, 2018, 12:20:09 PM

Quote from: South Park on September 23, 2018, 04:35:37 PM

Quote from: BrewMaster on August 26, 2018, 11:07:32 AM

based on what i have seen those who talk about such ridiculously big drops are either newbies who have missed out on buying buying bitcoin prior to the rise and are not wishing for the good days to come back, and they won't stop at $5k they will want lower, they will go as low as $100 and still wouldn't buy.
or they are just FUDsters trying to fill their shorts and make a tiny amount of profit from a small price drop.

This is something that I see a lot in the forum, it is as if people want those years to come back and to buy when bitcoin was very cheap so they could make a fortune, but if those days actually came back and the price was as cheap as you say I'm sure that not a single person of those that are claiming to want to see those prices again are going to buy bitcoin out of fear.

Well i agree. It's either they don't know what they're talking about or are deliberately trying to scare people into panicking. I guess that's not going to work now since the correction acted like a purge to remove weak hands. Even if it does go below 6k, we have a lot of steady holders now

As you say that is probably not going to happen, because the people that remain in this market are not like all of those that sold their coins at the first sign of problems, we are convinced that bitcoin is going to recover from all of this even if we know that is going to take a considerable amount of time for that to happen, so the price does not have a lot of room to go down anymore.

gabmen

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Quote from: South Park on September 23, 2018, 04:35:37 PM

Quote from: BrewMaster on August 26, 2018, 11:07:32 AM

based on what i have seen those who talk about such ridiculously big drops are either newbies who have missed out on buying buying bitcoin prior to the rise and are not wishing for the good days to come back, and they won't stop at $5k they will want lower, they will go as low as $100 and still wouldn't buy.
or they are just FUDsters trying to fill their shorts and make a tiny amount of profit from a small price drop.

This is something that I see a lot in the forum, it is as if people want those years to come back and to buy when bitcoin was very cheap so they could make a fortune, but if those days actually came back and the price was as cheap as you say I'm sure that not a single person of those that are claiming to want to see those prices again are going to buy bitcoin out of fear.

Well i agree. It's either they don't know what they're talking about or are deliberately trying to scare people into panicking. I guess that's not going to work now since the correction acted like a purge to remove weak hands. Even if it does go below 6k, we have a lot of steady holders now

Rustamm

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Banks are almost always negative and skeptical about crypto currency, given that the crypto currency is actually their real rival. Therefore, in this case, I believe that they deliberately launch negative information about bitcoin. The calculation that such information will help discourage some potential investors from buying bitcoin. Representatives of banks are not able to really assess the prospects for the development of the crypto-currency market, they are not experts in the field of cryptography, therefore their opinion on the future of the crypto currency should be ignored.

South Park

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Quote from: BrewMaster on August 26, 2018, 11:07:32 AM

based on what i have seen those who talk about such ridiculously big drops are either newbies who have missed out on buying buying bitcoin prior to the rise and are not wishing for the good days to come back, and they won't stop at $5k they will want lower, they will go as low as $100 and still wouldn't buy.
or they are just FUDsters trying to fill their shorts and make a tiny amount of profit from a small price drop.

This is something that I see a lot in the forum, it is as if people want those years to come back and to buy when bitcoin was very cheap so they could make a fortune, but if those days actually came back and the price was as cheap as you say I'm sure that not a single person of those that are claiming to want to see those prices again are going to buy bitcoin out of fear.

MinarchistCoin

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We will see a massive drop for one last shake out before another rally occurs. Wait for the V pattern recovery after the huge dump. The panic will be epic, the smart ones will be buying. I expect $2200-$3000 and a quick recovery, consolidation then the next leg up.

avoxosuccesful

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there are many people that wants the bitcoin to fall but the truth is i dont think there is anyone that can predict the price of bitcoin . if anybody is praying for the fall of bitcoin it'll be the banks and government. there will always be miss information on the price of bitcoin,but that's just the list of it because i don't think Bitcoin is going anywere no matter the Bulls speculation.

senin

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Banks generally want all the Crypto currency to fall in popularity, so they come up with various negative information about it, including various bad forecasts regarding the crypto currency. Therefore, the words of representatives of banks should be treated skeptically, especially since they are not specialists in the field of cryptography.

HanaBin

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We can see that the bitcoin drops more strongly before it bounces back. However, pay attention to the steps we take for the secret investment when the bounce is predicted somewhere between $ 10K and $ 15K. The fact is that a friend when it comes to minimizing financial losses. Most of them are just speculators, making bold predictions to fit their agenda.
It really must rock bottom to allow investors and speculators to enter the picture with interest again because the price is too attractive and swoop and take advantage of the situation as a bag and stash holder. more. Initially you would think that it is creating panic and fear among the noobs special investors.

Rainbow009

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Everyone is free to share their opinion on the market and what we should expect in the near future. That doesn't mean it's true or fact.
There are so many factors affecting the price now, and the future is uncertain.

Ace Amias

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I think that it might be a trap to the bitcoinaire that they sell their bitcoin and when they sell it they are going to hold the bitcoin for the long time which will give a rise in price and price will increase much more.

rodskee

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Quote from: Shyamthakur3 on August 26, 2018, 07:19:48 AM

Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/

I think bitmex ceo hayes and pomp they are same mission about negative speculation for bitcoin
The mission is to make people worry and panic to sell their bitcoin and t
Why it's because hayes as ceo of bitmex the user can sell their bitcoin quick in btmex exchange
And the company get benefits form this ideas, it's only my opinion not personal accusation

ivannalog814

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In this market, anything is possible it is very unpredictable bitcoin can now rose to $ 10 000 and then can go to $ 5 000 or break $ 10 000 and continue to grow ! You just need to wait .

NavigateSamurai055

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They may be want to buy it in low price but it is impossible that bitcoin will come below 5 and also a bad news for them bit coin already start rising.

crazybtclover

newbie

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I think its not possible. We already saw that the price of bitcoin increase day by day. Some company are interested to transaction through bitcoin so I believe it price will go upward.

farhiamunni

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not every one get happy when the bull market is near I think because if this reason when ever we feel that bull market can be happen some people stat spreading false news to demotivated the investors, I think the investors will understand it and avoid this kind of influences

Topic: Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally (Read 1640 times)