Never again will BTC touch the price of $ 3000, this price is too low comrades with the current market capacity.
rest assured no one really left this market.
Topic: Will Bitcoin cross 3K USD this year? - page 2. (Read 2315 times)
Anyone that has watched the markets for a long time knows that bull markets take a long time to materialize and that bear markets can decrease the price very abruptly and then they seem to go on forever, if what we are experimenting is in fact a new bear market then you can be sure that it is not going to be over after a few weeks, it is likely that we will see more red in the market and that many traders will get extremely discouraged by this and will leave the market for good.
Un-denying facts that each time the market suffered a big fall, Investors become disappointed and leave the market. This attitude is just repeatedly happened and more people are leaving after losing their investment, You need to be more patients and allow each event to take place, don't lose hope because in due time the market will bounce, prepare yourself and think positively acquiring those cheap coins just incase the market rallied down to that level.
Their is uncertainty about the price of bitcoin to cross $3k this year and current price ranging $8k. Even though many prediction comes up let us observe the market this year. Good to hold btc at this time and wait for the bull run, who knows bitcoin possibly may increase the following year. As to note, bitcoin price is really unpredictable and hard to judge at what price it will goes. For the mean time in this market condition I am also holding my btc.
marcket preparing for another dump ; my predection is bitcoin will fall much and price to 6500 at latest before 2020.
but i dont expect 3000 usd per btc because for reach those levels from current price 8100 marcket require crash by 250 percent or more and its hard for sure
the correct prediction is that in the middle
but i dont expect 3000 usd per btc because for reach those levels from current price 8100 marcket require crash by 250 percent or more and its hard for sure
the correct prediction is that in the middle
$3,000 is not going to happen this year & will probably never be seen again.
Wouldn't be so sure about that even though you are probably correct. Never is an awfully long timeframe and we all know how finnicky bitcoin can be with respect to demand. We are at $8000 which isn't too far away from that price. All it would take would be for sentiment to swirl down the toilet for bitcoin to drop $5000. Probable? I dont think so, but its possible.Bitcoin is not in a bear market although the tanking to $8000 was bearish. There's a big difference between a true bear market and a correction and I'm not sure if some of these forumites have figured that out yet.
bitcoin prices did go down quite steep due to the effects of BAKKT.
Ascribing this slide to Bakkt might not be right though I can't deny that the timing would suggest it's true. Not that I've been following volume on it, but from what I've seen here its pretty low. It doesn't seem like Bakkt would be affecting bitcoin this seriously. Not a $2000 drop. I've seen the price recovered today, but seems to be early to say that we are out of the bear market. Strong support though at $8k and it seems we have found our new bottom for now. I thought that the market has been taking over by the bears, but the bulls are definitely back so I think that we can see the price crossing $3k again, in my opinion.
Anyone that has watched the markets for a long time knows that bull markets take a long time to materialize and that bear markets can decrease the price very abruptly and then they seem to go on forever, if what we are experimenting is in fact a new bear market then you can be sure that it is not going to be over after a few weeks, it is likely that we will see more red in the market and that many traders will get extremely discouraged by this and will leave the market for good.I've seen the price recovered today, but seems to be early to say that we are out of the bear market. Strong support though at $8k and it seems we have found our new bottom for now. I thought that the market has been taking over by the bears, but the bulls are definitely back so I think that we can see the price crossing $3k again, in my opinion.
Anyone that has watched the markets for a long time knows that bull markets take a long time to materialize and that bear markets can decrease the price very abruptly and then they seem to go on forever, if what we are experimenting is in fact a new bear market then you can be sure that it is not going to be over after a few weeks, it is likely that we will see more red in the market and that many traders will get extremely discouraged by this and will leave the market for good. 
It seems to bear market. Should I hold BTC now?
I agree with you that there is a chance that bitcoin will fall again into the bear market but still unpredictable and let's see if bitcoin will truly drop at the price of 3000$ in the end of this year 2019. If I were you, I will probably buy now and I will for the next halving of bitcoin which has more potential that the price will pump. Lastly, Just look at the chart in the market and speculate if bitcoin will really drop on that price and if never you should buy now.This correction may have confused people a little, but that is not enough to prove that we are plunging lower than now, I think that the market will start recovering now, and I will follow that advice that say we should better buy now against the halving of next year.
Personally I wouldn't go that far as 3000 dollars. It would be totally distress from mass adoption perspective and it will scare most of new potential investors which would lead to further price drop.
I don't understand from chats that much so I can't tell you what the charts are saying or what the public sentiment is or whatever. However, I can tell you that even if bitcoin goes to $3k that means it will go back up eventually, doesn't matter how further bitcoin goes down it always goes up. Remember, we were once 20 thousand dollars! and it went down as low as 3.5 thousand dollars, that is literally a ~6x difference and we still managed to go back up to $13.8k at our most recent peak didn't we?
So, the long term is still the same, buy bitcoin when you can afford to buy some and stash it aside, when the price goes up you will make more money. Its just simple truth that no matter how much bitcoin falls eventually it goes back up, that is how bitcoin has been forever.
So, the long term is still the same, buy bitcoin when you can afford to buy some and stash it aside, when the price goes up you will make more money. Its just simple truth that no matter how much bitcoin falls eventually it goes back up, that is how bitcoin has been forever.
It seems to bear market. Should I hold BTC now?
bitcoin prices did go down quite steep due to the effects of BAKKT. but, I don't think the price will touch $ 3k. however, the increase in the price of bitcoin is quite high to date, and even the price increase that occurred since the beginning of the year is more than 130%.At the moment the price of bitcoin is starting to recover. I suggest holding bitcoin in your wallet, I'm pretty sure the rise in bitcoin prices will be really very high by the end of this year. even the german bank predicts a pretty high price after this year. You can check the link below
https://beincrypto.com/german-bank-calls-for-90000-btc-as-halving-hardens-bitcoin/
It seems to bear market. Should I hold BTC now?
I agree with you that there is a chance that bitcoin will fall again into the bear market but still unpredictable and let's see if bitcoin will truly drop at the price of 3000$ in the end of this year 2019. If I were you, I will probably buy now and I will for the next halving of bitcoin which has more potential that the price will pump. Lastly, Just look at the chart in the market and speculate if bitcoin will really drop on that price and if never you should buy now. I've seen the price recovered today, but seems to be early to say that we are out of the bear market. Strong support though at $8k and it seems we have found our new bottom for now.
There is no such a thing as a recovery as long as we hover below the 200MA. What we are experiencing is just sideways movement where we are stuck within a web of moving averages that will likely keep the price down.A recovery would be to close above the 200MA on the daily chart.... even though it looks like we're very close, it will be a major hurdle for the price to overcome. People saying it will be an easy task are wishful thinkers.
As for the bottom, I don't think we're there yet. The VPVR indicator has shown that there would be support coming in, and it did. Let's hope $7.7k was the bottom but I'm not holding my breath. I expect more red in the coming weeks.
I've seen the price recovered today, but seems to be early to say that we are out of the bear market. Strong support though at $8k and it seems we have found our new bottom for now. I thought that the market has been taking over by the bears, but the bulls are definitely back so I think that we can see the price crossing $3k again, in my opinion.
It seems to bear market. Should I hold BTC now?
Bitcoin is a long term investment. Holding is the best option no matter what price you purchased bitcoin for and there is almost no chance that it falls below 3k USD this year. Even in periods of falling value, it always returns to a stable point due to the cycle of crypto, similar to the economic cycle. Another option which would be viable is distributing your bitcoin into other assets or altcoins which you believe have a better chance of increasing in value, however, this can be risky if you do not know what you're doing. Trading your bitcoin may provide an alternative to holding but requires a solid understanding of the market and shouldn't be attempted without prior research.
I guess you bought your Bitcoin before at $3,000 therefore i suggest that you should sell it now as i think you have earned more than half of it. In fact $10,000 is already a huge opportunity that maybe you have missed too. Even do its more likely it will not hit the $3k and below because we have only few months left before next year but Bitcoin market is proven unpredictable therefore everything is possible to happen.
It seems to bear market. Should I hold BTC now?
$3000 is to far. If ever bitcoin price will drop, a lot of people would be buying it at cheaper price which would prevent the price to go that low. People are waiting for the next bull market for almost over a year now. So, I guess a drop that low is not that probable at the moment.
Of course you should hold bitcoin because I'm optimistic that bitcoin is still the biggest volume of crypto assets in the world. And if we follow the historical pattern of past Bitcoin increases, indeed after or before Halving Day, the price of Bitcoin goes up high.
The halving event won't do magic for BTC just as it did nothing for LTC. This is just more propaganda for novice traders to buy into and for whale bag-holders to sell. In beginning the halving was far more important, but now everyone knows about it so far in advance it's already priced in. The halving won't do anything for BTC except cause another dump when it disappoints like Bakkt! I'm waiting for a magical news about bitcoin more fundamental than halving event. If you bought it a a very high price than its price now then you must hold, I dont think no one will benefit from selling from a lost I guess. Many people lose their fund due to panic selling, this is thr problem by most. No one can really predict what will be the price of it or the market movement. Analysis some is blur and can't be so accurate.
Holding is best idea whether you've bought at 20k or 2k. Trading is risky and not many people are able to predict price movement accurately to make right trading decissionThink of holding only if you don't have the skills in trading but when you hold, you also need to have a better understanding in the market so you will not be hit by FOMO and FUD which normally are the reasons why the market move significantly.
If you bought it a a very high price than its price now then you must hold, I dont think no one will benefit from selling from a lost I guess. Many people lose their fund due to panic selling, this is thr problem by most. No one can really predict what will be the price of it or the market movement. Analysis some is blur and can't be so accurate.
Holding is best idea whether you've bought at 20k or 2k. Trading is risky and not many people are able to predict price movement accurately to make right trading decission Jump to: