Bitcoin Forum

hey everyone
i was looking at bitcoin charts
and i feel like we are in a replay atm
if what i think is right then we still have 1 more dip before back to $13k~15k
BUT
if this happen
IF THIS REALLY HAPPEN
this last dip gonna going to be "deep"
i predict $4k maybe $3.500
if bitcoin hit $9k before this.. i'm gonna sell everything to rebuy later
someone think like this too?  ::)

Why would it do that ? I think that every moment spent rising decreases the probability of a new dip. True that we will feel a resistance at 9K if not before, but if we go through then we'll be ready for 12K.

If price will go above $8500 within next few hours we might see a bullish trend, $8.5k could be a reversal point but don't expect a massive bull run within next few weeks. The next surge might be slower one but most stable one. By end of 2018 price might sit well over $25k.

Any proof or just some analysis so we can be sure about this? Crypto is so volatile and predicting the price is hard but if we make a strong analysis about it maybe we can come up with that conclusion.  If that's true, it can be a very big dip that we would ever see on the price history of bitcoin.

I think it depends on the quantity and relevance of FUD, fake news, real forced regulations and bans. If the trend of tight regulations is going to continue, we can see another big dip and then another one and so on; the thing is that new enthusiasts have to outweight  sellers from overregulated countries like China and panic sellers following herd behaviour.

I don't heard any FUD at of the moment but it looks like we just hit below $8K again. But its too early to say if we are going to another dip before mooning. This might be another case of bull trap though that's whey I'm still not yet sold seeing the market green. I wanted to see it try to test $9K but its not going to happen today. Its gonna be critical to see if the price will hold in the next couple of hours, if it didn't, I wouldn't be surprise at all.

I think we will see many dips this year. Just the whole market cap is frightening more and more governments and institutions. Attacks will follow one after another for sure.

Well, that is a good decision but who knows as to whether the dip as you speculate will ever happen to bitcoin again. This is because majoriy of speculators are of the believe that the market value of bitcoin has already reach the 200MA and there is no way it will go down below the precious lowest amount.

He clearly said that he's looking to the charts and its his own analysis. When it comes to analysis, there's no sureness about it and that's why you call it analysis which is something you are guessing intelligently and giving your opinion about the charts or anything that you want to give your idea with it.
They will never stop giving FUDs if people will learn and will not buy to these FUDs bitcoin is already mooning.
I hope it won't be that deep, we had enough dips already.

I think it might dip, but it will dip to the $7,000 level, where there is support. Someone on bitcoinmarkets on reddit posted the following chart:

https://i.imgur.com/9DSZXEe.png

As long as the price stays between those two lines, we're still on an upward trend.

No dip. The lowest point (as alyssa85 also pointed at) will likely be the $7000 mark, which should trigger anyone looking to buy some more cheap coins to do so, because it won't last for ever.

I finally got my funds on Bitstamp yesterday, and managed to buy some very close to $8000, and have enough left to be put in action as soon as we come closer to that $7000 mark. I won't let this opportunity slip away.

People thinking that the price will tank under $5000 should stop hoping for something that won't happen. It won't take long before people are going to regret not having bought at current levels.

Anyone who is expecting a strong reversal will be in for a very big disappointment. The bitcoin market does not work that way, not anymore after institutional investors came in.

Bitcoin is in a stage where there will be small pumps followed by stronger dumps, and then a long moment of going up and down in a range near the bottom.

@alyssa85. But that is a log scale. Try drawing trendlines with a regular scale.

i hope you are right
need to buy some cheap altcoins with 80% discount

Then you should do it now before the price continues to rise :)

nope.. i'm not going to put my money in that bear market at the moment
shit can go down to $5k
and i know how to wait
if you are throwing your money RIGHT NOW.. i have bad news

Look at the volume bought at 6k. 5k is veeery unlikely to happen in my opinion. We'll see about the bad news in a few days :)

I am going to HODL even if the price is dropping badly. I may be kind of blaming myself for not selling at $18k then buying again but I don't regret anything. I started from 0 and I don't mind returning to it. I believe in bitcoin and that's enough for me.
And this picture tells it all. Moon we are coming

https://i.imgur.com/2DG6nzDr.jpg

On what bad news will came? If there would be another one to came then we can possibly see the price fallen but if not well maybe we can see more major pump came with bitcoins, But we should not let ourselves get  affected much on it since their are so many alternative that we can get more benefits where we can earn more and we shouldn't waste our time for thinking on one coin only since there are more coins that can create us an good profits on bitcoins absence.

You are right after all you didn't predict this dump would happen after all. The wisest move one could do right now when bitcoin is already inside one's wallet is to hold because even if bitcoin does a bearish trend again, soon in the future the market itself will present a good exit point and another good entry point to rebuy. I wonder if moon will really come soon? That's what we'll find out in the next coming weeks.

I was mentionning those bad news he talked about :


:)

Log scales give you a better idea of what is going on, especially if there are large movements.

Hope that everyone who wanted to invest have caught the dip and buy on that point of market price. If we look at bitcoin's graph today, it's evident that the day of crisis for cryptocurrencies is already over. I think bitcoin now is ready for take off and once again break the 20,000$ ceiling once more.

Of course, no one knows what will happen to the price of bitcoin and even if you are the kind of person who spends time analyzing and understanding the market, you will still never guess and predict what will be after this dip. It is possible that the price will skyrocket again but it is also possible that the price will climb but not as how much we suspect it. Worst, the price will go lower after this slight recovery in the price.

Many suggest that price will go up but somehow price is little more stabilizing at the moment maybe this weekend will bring something new to price change but we seen that mainly when weekend comes price goes down a little. Maybe we will see little different now and maybe price will go up for change.

It is going to the moon now!

No it shouldn't happen recently itself the price fell for bitcoin another fall wouldn't make a difference it would simply destruct the overall market , I have been holding ethereum since 100 and today it increased by 10 times so it shouldn't fall again

Practically we are going to witness those rapid movements for several changes as it took so long time to fluctuate. We could not predict even more accurate this time, but that dip always depend on how people of new interest will have to demand more prior pumping of the price hits the moon. Just like what we've experienced from the past while bitcoin was still at $1000, nobody could really expect that nowadays we're seeing bitcoin price to be realistic as what has been speculated on this forum talks. So its suggested to be more calm after another dip happens and prepare for that price to the moon in sooner time.

I think all incidents are finished and bitcoin is raising when it will reach min. 20k. All market seems great so we can see the bull market no matter what big guys think about future of cryptocurrency. if your have BTC or other altcoins in my opinion you would hodl and you must add other good altcoins which will earn more profit than BTC.

expect the unexpected

I too have the similar thinking that all dips for the ongoing price increase is over. Further small scale drops as well minor fluctuations will take place for a while taking the price reach $20000 and mark a new ath. This too is not the assured fact, but based on the analysis going through the chart I believe this could happen.

I'm not thinking this way. $3,500 - $4,000 seems to be low and $6,000 is the final blow for this dip and that shall be the deep.
What do you mean expect the unexpected? We are going to the moon now?
We can't tell, it's too early to tell this thing.

I initially though that when institutional investors enter the picture it would make a big impact on us which it really did, pushing the price to almost $20,000. But now, it seems they have changes how investors look at bitcoin right now. In the past, we have seen strong reversals after a big dump, but today its seems that investors are very reluctant and playing the waiting game. Right now the pump are not that strong and sustainable as everyone is expecting. There's still minor dumps along the way, derailing the momentum that the bulls are trying to set up. However, we need to adopt with this changes in the market, its better to see bitcoin price going up slowly and steady rather than the rush that we have seen before. At least investors are very cautious and rational, but at this price is still a perfect time to get into the ecosystem because its really cheap at the moment.

I was awaiting for the bullish trend this week to watch what will actually happen because im still doubting and for some reasons im following many Technical analysis, techniques of some big people and they are saying it might be down for about 4k+ usd by using fibonacci thats why im waiting however if it rise more than 9500 i will buy again on that price range.

Lots of institutional investors buy on margin. And when the stock market is falling, they try to protect their overall portfolio by selling their most risky assets - and that is cryptocurrency.

It's important to understand that institutional investors are not hodlers, nor are they here because they believe in the tech. They're just here to make a profit.

It would be a good idea but we just really don't know what will happen to its market value. Bitcoin is volatile in nature so fluctuations are always expected. But I suggest you to just hold it and avoid selling it whenever its market value is already falling since it will just contribute to the dumps which will make its market value to fall even more. Just be optimistic with the market value of Bitcoin.

It weren't institutional investors having steered the market to near $20,000 levels last year, but the mega speculation gamblers focusing on the future markets going live at that time. The idea was that if institutions were able to enter through these futures, that the entire market would explode, but nothing happened at all. The future markets turned out to be nothing more than a big disappointment with joke volumes. I feel a tiny bit sorry for those who settled their long contracts at $20,000 at the moment CME entered the game. :D Ok, admittedly, it takes some nerves to short Bitcoin in an extremely bullish phase, but some basic market understanding and common sense would help.

Those guys who were not in time to buy their Bitcoins are sure waiting for this dip to get BTC. I do not think however that it will be the greatest fall again.

In my opinion, the institutional investors who are buying large volume of BTC as we're seeing in this consolidation stage of the market wouldn't let the BTC price to go down below $7.5k level. They will wait for another hype, that will be the time for them to distribute their positions to the newbies in the market. In this volatile world of crypto, you should anticipate the moves of the anticipators.

Good thing to see that bitcoin price are moving out from it's dip.  I think FUDs are getting over and it's time to buy some coins cause it will surely going through @9k for sure or more in few from now.  Do it have possibilities to dump but it won't  go far and it will back again. 

no moon till china back to the game

Surely there'll be more to come. We should expect for it since Bitcoin is naturally volatile. But the thing that we should keep in mind is that, holding and investing will be the best thing to do whenever its market value is falling. Dumps are temporary as well as the pump. So investing during the dips and selling during the pumps will yield to huge profit. So we should not be afraid of the dumps but rather look at it as an opportunity since it is innevitable.

Bitcoin is starting to rise again and I think we will see a continues moving up of the price. In case, when the price drops indeed it will bounce back to rise its price. Since bitcoin volatile every its movement Im expecting and hold it because of a positive news it will moon.

More people are waiting for the dip so they can buy the cryptos they like at a lower price. This is why people are spreading FUD to make some people worried and panic sell their tokens to make cryptocurrencies' market price to plummet more. But for those who hodl, it'll be a good idea to buy the dip too and wait for the proper time these cryptos will go to the moon.

For sure China has an impact but i do not expect much from its exchanges. Fake volumes didn't help Bitcoin...
Now more people joining Bitcoin system and buying btc will definitely make the price increases and help spreading Bitcoin worldwide

Isn't mooning showing your bottom? :)
I'm not sure that Bitcoin is ready to show its bottom at the moment. It's hovering around £6,000 which seems to be a psychological price point in the UK. It will be interesting to see what happens as other countries start to check the prices using different currencies.

I agree. China banned exchages before and during that time, btc broke ath a couple of times. I don't think that market has as much effect now than many people think it does. China or not, btc is meant to go to the moon and will take the market with it.

Don't blame the decentralized digital currency with small fluctuation.Now the price of bitcoin reaches 8750$ by today.By this we can't say the price of bitcoin will reach 16000$ by tomorrow.I won't accept your point , bitcoin will reach 3k-4k$.If it's happened,I will sell my entire property to inverse in bitcoin.Because I know ,I will get 4-5 times of profit.

hmmm.. its all speculation anyway so
i guess we gonna be in that pump and dump $7~$9k till march
in december we rise again

Is it in the month of December that we have seen the price covered the $10,000 mark? I think not I really think it is in the month of October that the bull is high and mighty on the run, Well if we are really having a second dip then I will still keeps on holding on, Because we can never be sure if its gonna be a very low dip, What if you sell your bitcoin then instead of a dip it will pump, then you will lose a couple of your bitcoin, I really think after the dip then buy when the price is cheap I really think that is the safest way than to risk it when you are not so sure about what will happens next.

wrong boi, we rushing 12k today