Topic: Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally - page 2. (Read 1645 times)
August 30, 2018, 09:41:23 AM
They might not be experts and would be just speculators like others wishing bitcoin price to fall and then would again expect more to fall.
August 30, 2018, 07:29:24 AM
BTC market is unpredictable but not that it will go below $5k this year, no. The middle point has been gone over the market and the market cap will rise with nice and slow motion, I assume. That is the reason, I do not read all the news.
August 30, 2018, 06:35:16 AM
It is a dream price to buy bitcoin. I will be happy if that happens and I can buy some bitcoins at that price. But looking at the market, I'm not sure if that price is real. For me, bitcoin seems going to 8k now.
August 30, 2018, 12:59:15 AM
For some few months now cryptocurrency market does not show any remarkable appreciation or depreciation in price when there is bad news and when there is good news. This means the investors are getting mature. Do not expect any rally to pull the price to $5000.
August 30, 2018, 12:54:41 AM
No one can accurately say what price of bitcoin would get to before the big rally. This are mere predictions. It mustn't get to 5k before rallying upwards. Virtually, all predictions for bitcoin for the year failed and this shows that this is am unpredictable market. Let's see how it goes
August 30, 2018, 12:52:30 AM
The whales don't really care about the poor people who buy Bitcoin at 20k dollars .they are profit takers.they control the manipulation of Bitcoin price through any means .they have the power to crash Bitcoin to 5k dollars even below that. There is a proverb saying "think like the rich behave like the rich and become rich". My best advice here is that buy or sell when you know the whales player are buying or selling.
August 30, 2018, 12:46:25 AM
First of all this kind of people are the main culprit in this crypto world and they expect this so that they can make the real users out from it and they can earn maximum profit from it.
August 30, 2018, 12:38:18 AM
i have not read the article. but i predict its just a randomly chosen number with no math or logic used why below $5k was chosen for late august-early september
edit:
now read it. and yep no one in august had a reason to say drop to $5k
the article did however with unsurprising hindsight of being able to look back in time... looked back to junes sub $6k.. and then
picked a person who before that (in May) asked for a $5k price..
in hindsight anyone can then pick a historic price and then find a person who before the price, got close.....
summary.. a boring article that predicts nothing but makes it look good by quoting the past
edit:
now read it. and yep no one in august had a reason to say drop to $5k
the article did however with unsurprising hindsight of being able to look back in time... looked back to junes sub $6k.. and then
picked a person who before that (in May) asked for a $5k price..
in hindsight anyone can then pick a historic price and then find a person who before the price, got close.....
summary.. a boring article that predicts nothing but makes it look good by quoting the past
August 29, 2018, 11:59:16 PM
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August 29, 2018, 11:56:33 PM
First, there's no so called experts in this field. Most of them are just speculators, making bold predictions to also fit into their agenda.
Second, I surmise that in order for bitcoin to rise dramatically again, it needs a tipping point. It really have to rock-bottom allowing investors and speculators to enter the picture with interest again because the price is too tempting and swoop and take advantage of the situation to be a bag holder and stash even more.
@BitcoinPanther, if the author is giving us fair warning then its good, but the title is somewhat misleading. You will initially thought it was creating panic and fear amongst investors specially noobs.
Second, I surmise that in order for bitcoin to rise dramatically again, it needs a tipping point. It really have to rock-bottom allowing investors and speculators to enter the picture with interest again because the price is too tempting and swoop and take advantage of the situation to be a bag holder and stash even more.
@BitcoinPanther, if the author is giving us fair warning then its good, but the title is somewhat misleading. You will initially thought it was creating panic and fear amongst investors specially noobs.
August 29, 2018, 10:32:28 PM
Thanks for the share.
Though the article is quite uncomfortable to read since it talks about prices falling down between 3K to 5K, it is nonetheless empowering.
Experts are merely telling us to be careful on our decisions and not wanting us to keep our hopes high that the bullish season is at hand. They based their analysis on trends and it is quite sound. We might do see bitcoin fall steeper before it bounces back again. And that's the good part of the article, with the warnings foretold, the dream of bitcoin rising again was never squashed.
Still, be mindful of every step we take towards crypto investment as the bounce is only expected somewhere between $10K to $15K.
A really helpful expert insights here. Reality is a friend when it comes to minimizing financial damage.
Though the article is quite uncomfortable to read since it talks about prices falling down between 3K to 5K, it is nonetheless empowering.
Experts are merely telling us to be careful on our decisions and not wanting us to keep our hopes high that the bullish season is at hand. They based their analysis on trends and it is quite sound. We might do see bitcoin fall steeper before it bounces back again. And that's the good part of the article, with the warnings foretold, the dream of bitcoin rising again was never squashed.
Still, be mindful of every step we take towards crypto investment as the bounce is only expected somewhere between $10K to $15K.
A really helpful expert insights here. Reality is a friend when it comes to minimizing financial damage.
August 29, 2018, 09:02:51 PM
I think like fake coins fake experts are also arrived in the market , bitcon is going very well so there is no chance to claim anything like this about bitcoin, but if you have any doubts then I will suggest you to analyze the market on your own.
August 29, 2018, 02:52:07 PM
I think most of them are creating FUDs. Because it will make many people to do panic sales so whales can grab the coins at a low price and maximize their profits.
August 29, 2018, 02:31:49 PM
It looks like there are syndicated behind spreading these kind of news. They want to enter the market when the price is very low and during the bull run they made high profits.
August 29, 2018, 02:02:32 PM
Maybe it will happen. As a volatile currency anything can be happened with Bitcoin. But it does not mean we have to lose our hope. Because if it can fall, it can rise also.
August 29, 2018, 01:47:15 PM
I think so many people are waiting for the fall of bitokin below 5k, because it will be profitable to buy, because it is not eternal, once the production is over and the price will be too high. Now it's time to skimp.
August 29, 2018, 01:40:55 PM
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/
For now I am only making short-term investments by utilizing the movements of Bitcoin and Altcoin in the crypto market, I am not focusing on the bull market, because everything is far from reality and for me the market has determined that we must depend on real demand now. rather than still hoping that bullish will still come where it will only make you disappointed if it won't arrive.https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/
August 29, 2018, 01:25:34 PM
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/
https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/
At the moment this is not a very likely forecast, since everyone is waiting for the Bitcoin ETF on September 30th.
The market of cryptocurrencies will continue to grow with slight kickbacks before the announcement of the decision on BTCETF, and then there will be a big pullback.
August 29, 2018, 01:15:48 PM
Crypto market prediction can never be accurate. No one can provide you the actual result. But some people unnecessarily spread negative news and misinformation to get their hands on BTC. Users who are new mistakenly transact with them and regrets later!
August 29, 2018, 12:58:55 PM
Cypto market is very unpredictable. It is difficult to guess what will happen. But there are some people who are expert in spreading rumors of FUD to get their hands on BTC. New comers in this sector will transact with this and then they will regret!
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