Topic: With Bitcoin roaring to the North, any hope for waiters of $1800 bottom? (Read 334 times)

people who get stuck in a certain trend that ends should also expect big losses. they actually deserve those losses too because they have not yet learned that in no market the trends never stuck around forever. markets are always dynamic otherwise they would be dead. the trends change and so should traders.
the funny part is that when price stopped rising last year when we reached $20k there were similar people who got stuck in the bull market mentality and were waiting for $50k (the funny part is) everyone was ridiculing them back then but when the same attitude is shown now that price drop has ended and certain people were waiting for $1800 people weren't ridiculing these the same way!

Well I see that as a weakness and likely making it more probable an event if it were true a certain price could cause actual failure.    An open market is actively destructive in this way, some will short and try to instigate this outcome if it were true, thats just the way of the world.

However I think BTC can operate at any price to some extent and difficulty would adjust, some upset but it would continue.


If you place an order at 1,800 now then it might be filled in some extreme spike down.   I think that much is possible, dollar would need to rise and be very strong for great upset but that too is possible short term like 2008 upset can happen unpredictably from market view

There are only a few delusional bears left who still think we're in a bear market and 2000s or 1000s is coming in the future. A firm price in the 3000s the first 2-3 months of the year was the first signal they were wrong. The break out of the bottom and start of the bull market on the night of April 1st was a very clear indication they were wrong. The stabilizing of the price in the 5000s in April further drove the point home. The rise from 5000s to 8000s over the past few weeks means all but the most out of touch finally understand we're 2 months into the bull market and the bear market is long since gone (the absolute bottom occurred 5.5 months ago).

Eventually they'll buy in even higher than now, they'll just be able to afford far less bitcoin than if they had bought in at the obvious bottom from november through march.

You do really understand how these doom predictions operate. I am in a group on Twitter and whenever bitcoin is in bearish trends those guys will be saying something that you will understand that they hate bitcoin but whenever it is bullish you will not hear from them again. That is why it is good we depend on what we know about bitcoin and trade along instead of listening to those guys.

There's no such thing as most influential in crypto, they're all making a wild and educated guess. So it will be a hit or miss, 50/50 chance.


Of course, those who are very vocal against Bitcoin, are the same set of people who doesn't want to miss the boat. And I'm sure they are very happy to see the price today, but you wouldn't hear from them anyways. Because those people will go on a hiding and hibernate, and as much as we are laughing at them, they will have the last laugh because they are secretly buying huge chunk of it. That how's they're trying to influential the price, in their own way. 

I strongly believe, as you think that the price of $ 1.8K bitcoin is speculative prices and will not be reached again.
as a bitcoin has already begun to move towards an upward and positive direction, it has even penetrated $ 8K and is likely to soon be able to break the $ 10K mark in the next few weeks. and the trend continues to increase well.

Lol, are you still talking and minding those unserious jokers, let them keep speculating value that is not realistic and has long been dead and the BULLs will catch them by surprise,  even the retrace of $4500 they have been analyzing is still under probability.

Any event that makes the price of Bitcoin to retrace to $4500, will give chance to very big bulls to take over the market completely and instead of seeing further decline, the history of 2017 might repeat itself, because everyone will be rushing to have a taste of that value they have been longing for. So bro, $1800 is absolutely not going to be realized.

Where did you get $1800 bottom level figures as bitcoin prices were never going to touch them even when prices were falling. When you speak of the so called influencers remember one thing, they have zero knowledge about bitcoins and most of them are paid to say such words so never rely on their words. These people will of course join the bitcoins bulls rally, but they won’t be long term investors as they’ll try to dump it once they get their profits.

You only make lots of money if you sell, so it's a paradox. Bulls can't be happy with a rising price after they sell, they become bears waiting to buy back cheaper. Hodlers are the only ones who keep on cheering no matter what as the price rises.

$1800 is a price I always found to be an unlikely target, even when we were below the $4000 mark. The sudden shift in sentiment is what keeps me short term bearish. I'll turn bullish when we have a weekly close above $6000.

Also, people "waiting" for a certain price will continue to wait even if the price hits their target on the down side, because they then believe it will go down much further. These people will end up fomo buying at way higher levels.

These are probably also the people who said that they would do anything for an opportunity to buy Bitcoin below $10k during the bull run. I'm also sure that they have very little capital to allocate to Bitcoin. Dreamers they are.

That's only a speculation. And they will have joined us because those people are waiting for a non-sense bottom rate will have forced by the market to join as soon as possible before they can't get into the train.
Bitcoin breaks 6k rate and there will be another race to buy that again and look at the latest chart and that is so easy for bitcoin to go back almost a6k rate again after a little dip caused by the news that has come from the bitfinex.
Because what you are talking about is even happening in my life.

threads like these are strong signs that a big correction is looming. bulls are celebrating in the streets and making fun of bears, saying that lower price levels (which were seen just a couple months ago) will never be seen again. this is the type of "irrational exuberance" that happens when people make lots of money (or in 2018 bitcoin's case, recover from dear losses) in a short period of time. they become blind to the crash that's just around the corner. even if december was the lowest we'll ever go again, they're not prepared for the $1000-1500+ pullback that's coming.

Given the undeniable popularity and growing acceptance that bitcoin has had over the months, regardless of the great volatility that is still observed in its price, it seemed to me that the market had very undervalued the price of bitcoin and what we are now observing it is a correction that is already necessary, since the arrival of cryptocurrencies to the real economy is a fact, and it is time for investors to reactivate their confidence in the power of bitcoin as a reliable investment instrument in the long term, which is why I find it difficult that from here on we get to see the price of bitcoin below $2,000.

I don't think the price will go to 1800$, even if more people say so, but i think that the price will grow and who want to spread FUD will do it again even if bitcoin will go to 10000$ they will say will drop to low.

This pump we see right now will not last forever, but an $1800 bitcoins seems far away, we might go down and retest 4000 in a month or two, but right now bitcoins looks like in 2017 with good news each day. and a $10,000 bitcoins seems more likely than an $1800 bitcoin.

BTC could go to zero. There are no guarantees. But visiting 1800? Don't see any possibility of that. It would have to be a disaster like the US making it a felony to trade in it or own it. The US once outlawed private gold ownership, so there is precedence.

I believe, and I am not an expert trader, this is just based on logic, but I think all these people expecting history to repeat itself with bitcoin are silly. Things are quite different in crypto than they were in the early 2010s. When I first bought a bitcoin it was about 180 bucks and I never ever considered holding onto it, it was just a means of trading. Things are quite different now. The market cap or total value is also 100 billion. It won't go up the same percentages it once did, and it is unlikely to go down the same percentages it once did. There was a bit of mania when it got to 20k last time, hopefully this rally will be more stable.

It could go back to 4k or even a bit lower though, who knows. At this point I'd wait and see if it breaks 6k, then buy in if it does and holds. If all the crypto people are right, 6k is nothing next to the 100k plus btc will be worth in a few years. They may or may not be right, but I wouldn't be surprised to see it at 100k someday, maybe even double that. If they are right, a thousand bucks up right now is practically a rounding error.

That's just another speculation. We're done with the $1800 so we should expect a better value than that. There would always be positive and negative speculations but let's just hold on to what we believe. Crypto is actually getting better as massive and unexpected speculations are occurring. No one would want the bottom that you're saying anymore because everyone is hoping for the best value.

People who were waiting for under $3,000 are idiots. They had their chance then, they had their chance before $4,000. They had their chance before $5,000. These people can’t complain. It’s still a good time to buy though.

Definitely it wont go down to $1,800 again but the crypto-world is full of surprise. The recent movement of Bitcoin price state clear that it's best approaching the bull run in a no distance time from now. Bitcoin roaring to the North will definitely attract more whales to wake up from slumber and a new dawn of Bitcoin ATH will surface.

$1800 price for bitcoin was never going to happen. Come on, that's going to be too low. Altcoins will simply die off completely.

Now that's its picked up, let's look forward to a higher bitcoin price