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Topic: Will bitcoin hit a new low since 2018 (Read 627 times)

hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
October 27, 2019, 05:39:15 AM
#71
I don't think we will see Bitcoin touch the price of $6,000 again, why can I say it like this? Because from the analysis side Bitcoin has entered the bullish scenario as we expected, the downtrend has been broken. And from the fundamental side, we have received the green light from the President of China, who has said that the China must take the opportunity of the blockchain technology. As we all know that China has banned cryptocurrency exchange since 2017, so this is great news for us. The whales from there have also bought a lot of BTC I think. This is why we can enjoy the price of bitcoin which suddenly rises very high.
full member
Activity: 630
Merit: 103
October 27, 2019, 12:59:32 AM
#70
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

I think you should not talking about the all time low because Bitcoin has just reach above $9,000 in just a single day. Although it's looks like big whales trap to me but everyone are happy to see this new development in which it will make people that supporting Bitcoin to increase from diminishing.
sr. member
Activity: 980
Merit: 255
October 27, 2019, 12:25:44 AM
#69
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
For your own good it is better for you to stop listening to those people and instead try to look at bitcoin and what the price does by yourself, if you do you will notice that after the lowest point is reached bitcoin then goes up and then the new low is never as low as the previous one.

When you look at bitcoin this way then the chances we will see a new low which is even lower than what we saw during 2018 is very unprovable and you should use your time to learn as much as you can about this market instead of wasting it listening to those people.
sr. member
Activity: 1932
Merit: 448
October 26, 2019, 04:17:11 AM
#68
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
I think the decline in the price of bitcoin has stopped and switched to pumping. Well, until now there hasn't been a lower price drop than in 2018 and I don't think this year will be any lower than that. from now on, it looks like bitcoin prices have gone up and are heading for higher prices. I think in this year the price of bitcoin will be in the range of $ 7,500, up to $ 9500, and most likely the highest price will exceed $ 10,000 this year.
full member
Activity: 714
Merit: 100
October 26, 2019, 02:10:17 AM
#67
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

Following bitcoin’s sudden drop earlier this week, bitcoin and crypto investors feared the worst wasn’t over for the market but everybody will think positive now as Bitcoin heading fast towards the psychological $10,000 mark. Hopefully this sudden rise up will continue as we have waiting for the Bullish market for a very long time.
sr. member
Activity: 2002
Merit: 250
October 26, 2019, 01:53:18 AM
#66
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
If this happened then its not new anymore as we know how volatile the market is. BTW no one can answer this question accurately, we are just here speculating of what might be the price for the next coming days.

One thing is for sure, even bitcoin price dropped it can survive due to people supporting and just waiting for the right timing to buy.
and now bitcoin prices seem to be refusing to deeper all time lows,
bitcoin is up 25% today because of news from China, this is really interesting where the price of bitcoin will be taken later,
which certainly everyone will also hope with altcoin, just wait there will be turn
hero member
Activity: 3010
Merit: 629
October 25, 2019, 10:04:01 PM
#65
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
If this happened then its not new anymore as we know how volatile the market is. BTW no one can answer this question accurately, we are just here speculating of what might be the price for the next coming days.

One thing is for sure, even bitcoin price dropped it can survive due to people supporting and just waiting for the right timing to buy.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
October 25, 2019, 09:51:20 PM
#64
If this situation would come then there is nothing to get surprised, Anything could happen in the coming days because of the international economy is not going well. every share market is running with a low transaction volume, people are getting afraid of this circumstance of the financial crisis, so this cryptocurrency will also be affected by this scenario more or less that's why the price of Bitcoin could be hampered, I am afraid of more price down since 2018 because the last couple of days transaction volume is not a satisfactory level and it doesn't seem to be good indicator for this favor of the Bitcoin anymore.
sr. member
Activity: 1526
Merit: 332
October 25, 2019, 09:49:32 PM
#63
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
We can only predict and speculate but we'll never guess it right. And as of now, we're nearing the $10k mark and looks like it's going to continue. Hoping for another bull market though, but cannot guarantee because the price is so unpredictable. That 7k to 9k pump almost took only half a day to happen. Those who bought at low surely got some hefty profit. I wished I had bought at that time though, but risk is a factor to decisions.
legendary
Activity: 3276
Merit: 1202
October 25, 2019, 09:43:21 PM
#62
In my opinion Bitcoin won't drop again in price as I said in my previous posts , I think the bear ended on 15-16th October and looks like we're about to go over 10k$ in the next hours so if you waited for that dip in price , it will never come again. This is what Bitcoin does to speculators, you don't have much time to think and whenever you see a sudden drop in bitcoin price you should make your move as we all know that bitcoin always recovers.

Yesterday we were at 8400$ and now we're at 9900$. Big green candles happening on charts so I would expect some big green days in the next days or maybe even weeks but don't get to excited as we're far from the bull run to begin.
full member
Activity: 756
Merit: 105
October 25, 2019, 09:23:56 PM
#61
hey man, here there are people who have high hopes, if they think bitcoin will fall, whether they will still survive here, I'm sure not, means the answer to your question is do not know who wants to know it will happen next. so glad we hoped and tried not to make bitcoin fall ...
hero member
Activity: 2842
Merit: 772
October 25, 2019, 08:36:41 PM
#60
I don't think so if I remember correctly the lowest price since 2018 was around $3K so it is still too far from it,
But we could never know what could happen in the future so there could be a possibilities that it could happen.
But right now I don't think that it would crash deep down back below $3K.
Right, that's the lowest low we have so far, and today bitcoin recovers so there no more $5k-$6k, as others may have thought. And I don't think that we can reach as low as $3k again, support are very strong at $7k so I guess that's the lowest price we can see prior to the bitcoin block halving next year.

Remember that crash to $3k was not due to bitcoin's selling pressure, it was because of the whole Bitcoin Cash and Bitcoin SV, hashing war that November 2018.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
October 25, 2019, 08:29:21 PM
#59
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
Would you stop posting like this?while we are looking for growth all you do isn’t posting something in negative side?

Aren’t you getting tired of Fud and misleading when the truth is you are all also for profit?

No bitcoin will never go down below 4$k again and the stability will continue at $7k.and even time comes that we fell again at that low?i will make sure to take that advantage to buy more bitcoin and will even consider loaning just to have plenty of this great currency
sr. member
Activity: 1036
Merit: 275
October 25, 2019, 07:46:22 PM
#58
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

I don't really see bitcoin recording a new lowest price in 2019. The lowest price I possibly see Bitcoin attaining will be between $7k and $7.5k. Bitcoin will be hitting $12k in no time soon. The bitcoin market is gradually growing and making its way into the general public where people can easily acquire and own Bitcoin without having to stress themselves.
sr. member
Activity: 1176
Merit: 301
October 25, 2019, 04:39:04 PM
#57
I don't think so if I remember correctly the lowest price since 2018 was around $3K so it is still too far from it,
But we could never know what could happen in the future so there could be a possibilities that it could happen.
But right now I don't think that it would crash deep down back below $3K.
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
October 25, 2019, 04:32:55 PM
#56
since bitcoin first appeared, many people have some prediction about Bitcoin price, and just for you know price of Bitcoin very unpredictable. not just at this time, smart and pro investors always have predictions to speculate with the price of bitcoin. and when new investors see some of the predictions that might not match their expectations, this makes them panic and makes them sell bitcoin in a panic too. and I personally really use the panicking moment now Cheesy
hero member
Activity: 894
Merit: 501
October 25, 2019, 04:10:37 PM
#55
Let me ask another question regarding this. Will we hit a new high this year? With today's huge pump, we realied, again, that the interest for bitcoin may vary significantly. So, it is possible to have a nice momentum if we keep having these. So, as an answer to your question, with the coming halving, I guess we are not gonna hit a new low this year.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
October 25, 2019, 04:06:24 PM
#54
No, the lowest bottom had already been hit mate, i don't know why as soon as bitcoin experiences a sharp fluctuation most people tend to think bitcoin is going to drop all the way down again. if you are asking this just to fill your bags at a much cheaper price then you better think again because i tell you what Bitcoin below $10k is still a good buy.
hero member
Activity: 1638
Merit: 518
October 25, 2019, 03:30:18 PM
#53
well , i dont think so, today bitcoin umpteenth time breaking the predictions of predictions from analysts, when the 24 oct,btc have a flash crash, today Bitcoin have a flash pump  Grin
and BTC going back to 8k range , honestly i really dont know what behind this flash pump, its really huge , and of course as i BTC fanatic, i am happy.
but indeed, this does not seem normal, only after 2 days everything changes, but at least the analyst must review their analysis.
legendary
Activity: 2954
Merit: 1153
October 25, 2019, 11:28:05 AM
#52
It is possible. We really can't determine whether its price will drop more or when bitcoin will start to pump.
This time, the only thing we can do is wait and watch the current situation of the market. We should not take this as a disappointment, grabbing this dip as an opportunity will be the best thing to do right now.

Everything is possible in the future, but the thing is will it happen?  The answer, we don't know.  I can make a guess for sure and that does not mean I can tell the next low of  Bitcoin.  Same with this predictions.  How many times did they err?  countless!  So we shouldn't look at this prediction as if it is 100% correct.
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