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Topic: Will bitcoin hit a new low since 2018 - page 4. (Read 657 times)

legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
October 25, 2019, 02:18:20 AM
#11
In my opinion there is no way we'll ever get below $3000 anymore unless someone major happens on the fundamental part like a huge flaw discovered by hackers or big governments banning BTC. There are too many institutional investors in the market now that are eager to purchase BTC and these prices are already very cheap compared to the potential of BTC. On the higher timeframes the BTC chart still looks decent so you might want to be more neutral than bearish.
sr. member
Activity: 728
Merit: 254
October 25, 2019, 02:15:15 AM
#10
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't actually say what will really happen but of course it is still possible. Everything is just a prediction and speculation but let's just prepare ourselves if this actually happens. I don't really think it'll happen sooner but if it does, just look at the brighter side of it. I know it would be frustrating but during its lowest point, you could buy more bitcoin to hold. Because after that, more possible of it surging
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
October 25, 2019, 02:10:38 AM
#9
Bitcoin being speculative there is more price predictions from different users based on various factors. The price of bitcoin has touched its low of $3000. The increase in the price has begun from this year April, and the same has provided with the expectation for the year. As halving is scheduled for the year 2020, big price can be experienced by 2020.

Bakkt into the market was expected to make a big influence on the market, to the expectation nothing big happened. Hope change in the market due to Bakkt will happen in the future.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 25, 2019, 01:50:48 AM
#8
Yes, they can predict, but they don't know the truth. We can also predict what they did, but we should wait if the prediction will happen or not. It is hard to predict what will happen to bitcoin, and no one can make the right prediction. Prediction will be a prediction, and we should prepare for the worst if it's happening so we can prevent the loss. It might hard, but if we are ready for anything that will happen, I am sure that we can use the moment for ourselves.

The fallen of bitcoin price can happen before it's rise higher. And if we check on the history of bitcoin price so far, we can see that the chance to see the fallen will be there. So it's better to set everything before it's happening and we can try to buy bitcoin at a very low price.
IOE
newbie
Activity: 5
Merit: 0
October 25, 2019, 01:49:14 AM
#7
I seriously doubt it. I base this assumption on yesterdays 600%+ investment increase in Bitcoin Futures from institutional investors on the Bakkt platform.

Yes, there are not a lot of traders on the Bakkt platform, but the little that are on there have a lot of insider information on the things that they invest in and if they are suddenly investing in Bitcoin when the price is going down, then they must know something that we do not know about.

Let's see if my speculation is accurate.  Grin

It's magical to see Grin
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 01:36:20 AM
#6
I seriously doubt it. I base this assumption on yesterdays 600%+ investment increase in Bitcoin Futures from institutional investors on the Bakkt platform.

Yes, there are not a lot of traders on the Bakkt platform, but the little that are on there have a lot of insider information on the things that they invest in and if they are suddenly investing in Bitcoin when the price is going down, then they must know something that we do not know about.

Let's see if my speculation is accurate.  Grin
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 01:35:12 AM
#5
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.
There are different people that predict the price of bitcoin and some of them are professionals on this field. We do not know if bitcoin will hit new low price on this coming year 2020 and until now bitcoin is still unpredictable. Maybe we should wait until the 2020 and let's see if bitcoin truly hit new low price in the market.
member
Activity: 210
Merit: 40
October 25, 2019, 01:24:46 AM
#4
Don't be so under pressure because of bitcoin price and don't panic every time when bitcoin price falls.
It's funny how every time when the price goes down some people predict the worst possible scenario. This now it's just usual correction, something that we see all the time. Just relax and buy more coins.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
October 25, 2019, 01:20:20 AM
#3
Now some people on the Internet predict that bitcoin will hit a new low since 2018.

People have always been "predicting" what will happen with bitcoin's price. I get it, it's sometimes fun to speculate. But as always in the end, no one knows(I've said this a lot of times that I might as well be a broken record). There will always be bears when the prices are rising. There will always be bulls when the prices are falling. And vice versa for both. Stop wasting time trying to listen to people's "predictions" as I'm pretty sure no one has a track record of predicting the markets with 100% accuracy.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
October 25, 2019, 12:53:24 AM
#2
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.
Yes it can happen and we have to be ready for that and stop panicking. Bitcoin price are unpredictable and it hurts to see the price to dump big within a day, but we cannot stop it because investors has decided to sell their bitcoin at a loss. Hodlers must keep buying with cheaper price, don't sold if you are losing be patient.
IOE
newbie
Activity: 5
Merit: 0
October 25, 2019, 12:32:42 AM
#1
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.
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