Bitcoin Forum

Before BTC hit a bottom around 6000, then 7200 and now we just hit bottom again around 7800.It appears this is the beginning of the reversal, it is immature but this is the seed of the rebound.Share your thoughts

It is true that you say bitcoin will come back again soon until the price has been satisfactorily increased after the length of the bitcoin price is based up to now.

I believe this is the right time to buy bitcoin because its price is rising again and we expect it to increase until the 20,000 dollars record brea. So good luck to all of us but it's still better to Do your own research and prediction.

#Datarius

We can expect it  to rise again as it has been seeing some lows for a while now. Its certainly a right time to invest in it because its a a very low price compared to its potential.
This can be detrimental to huge  benefits and profits later on.
All of this being said, nothing guarentees that now suddenly bitcoin will start rising and will never fall. This is a prediction and a speculation after seeing its past perofmance. Self descreation should be always used in these matters of investment.

I think it's a good time to invest in bitcoins, because we've found that the price of bitcoin has been around $8,000 for over a week.

This is an upward trend. Maybe two or three months later, the price will be $10,000.

Thru this kind of season in bitcoin system, it is better and safer to hold and patiently wait for the right track when the btc value will rising up again. Even if until now we've experienced it's continuous dipping, I think it's the only way of preparing this system for the upcoming huge increase to it's value in the near future. In this season we may able to take advantage this situation for buying much more btc because it's in much lower value and just hold it for a while. We can sell it when the value in the market are become much higher and making much profitable.     

It is indeed the great opportunity to buy some bitcoin. I agree that in the first quarters of the year is the season where the bitcoin's price is really at low. Remember from the previous years that it pumps at the last months just like in 2017 where in it hit the 20000 dollar mark. We must take advantage this time's low price.

Yes, we have a small amount of bitcoin right now and I don't think it is a good time to buy because it is continuing to become low and I don't also think that we need to invest, if you are a short time investor then don't invest right now. If people will get back their trust with bitcoin, that's the time that bitcoin will get up high again.

I don't know how you are so sure about this being the bottom but it is true that if price doesn't go below $7700-$7600 and instead bounces back up we can say it is the end of the downtrend because we will be getting out of the triangle that price was stuck in and has been going sideways for more than a month now. but it still needs to also break above $9000 at this point to be on the recovery/rise.

I think now the bitcoin hard to fall over, in my opinion at present is still in decline, so we can wait for a lower price in considering buying bitcoin, because now continuing to fall.

How sure are you ans what is your proof or basis that this will happen? Before saying any bad things like this you should provide any proof that will make your statements believable, because those noob and beginners might just affected by this and make them panic. We can expect any amount that bitcoin price to drop but it will surely go upward again because people will surely buy after a huge drop in price.

Well I don't think we can be sure if this is the bottom or not, because it may go half of its current value in the next month or so, but sure if you want a long term investment, these are good times to get in and buy as much as you can because we all know, bitcoin is gonna rock high in time. But that has to be at least a year long investment, these are not good times for quick trades.

Well, you're somehow right, but this downtrend will take until the first week of May or last week of April if you will go and see the history of bitcoin price, February to April have always the lowest price and will increase on May to June and so on.
History will repeat itself with the ups and downs of bitcoin price but expect of higher value this time.

I hope its the bigining of bitcoin will raise again back to 20,000$ so we can earn more again in bitcoin now the price is way to start and raise again. So the best way is to hold and buy more and watch and see the price goes to the moon again.

I don't think if you can call this that bottom, however, the price is really a good buying point. So I advise those who have extra money to at least test the market and get some and see how it goes. If the price still bottom in the next coming days then continue to buy in portions.

As the OP has said, if he is correct with his call then we might see some rally coming April and at least stabilizes around $9K-$10K which for me is a good price, of course continue to hold as we might see bull run in the latter part of Q2 and entering Q3 which based on history is the time when bitcoin pick up the price towards another all-time-high.

I Love your positivity and optimistic about bitcoin, but i really hope that the price will soar high like last december it appeared to be 18kUSD!!! We just need to be optimistic yet realistic.

Hopefully BTC doesn't go any more Bear

Well I hope you are correct that $7,800 will be the bottom although I have my doubts. There is still a good chance that we will hit $7,200.

For me as long as we are just bouncing from $7,000 to $9,000 it is okay because sooner or later the accumulation will be over and after that a bull run will be next.

At this stage swing traders are making a huge amount of profit.

I hope this is the bottom. Im hoping to buy at this rate if this is indeed the bottom. Btc is bound to rise pretty soon. I don't want to buy knowing it will still go any lower than this. But basing on the trend, its going lower and lower. We can't really know for sure if its the bottom before it will bullrun.

We are all always in a haste to assume things for the market. Using Bitstamp data, we are presently trading at $7777 which is presently below your bottom and at that point, there was no sign to call a bottom anyway.

However, I am looking at a good support at $7600 but no one can be certain until we see a nice reversal candle anyway but on the 1 hour chart, I am beginning to see a bullish divergence, so we may not be far from reversal. Hopefully, the next few hours does not end up telling us otherwise.

But i haven't the last downtrend.

The purpose from this downtrend is to sniggle the trader to get panic but i don't see any panic, but the opposite, everyone are glad to holding. Like we are mature enough to face situation like this. So the Drowntrend still continue to keep on sniggle. Or until get the bored point.

All have sure that market will recovery. And i will predict on april will slowly getting better.

i like your personal opinion, it is very optimistic. :D
every year bitcoin price has fallen at the Q1 of the year.
i hope after this dips, bitcoin and cryptocurrency market will rising again.

Although I know that no one can predict bitcoin prices I do want to believe you because I am an optimistic person and I would really like for the price to stop dropping and start picking up momentum. I am so ready for this bear market to be over. The first quarter of the year is almost over so if the price starts picking up we can all sigh in relief.

Hopefully this is the beginning of reversal. It’s been  a long time that bitcoin is always very low . It is just only this time again that the price of bitcoin increases. At this point , I think we may consider also that the price will be  going at the peak. Either we buy bitcoin now , there is always chances that the price is higher than this time.. I think you can buy anytime of bitcoin because it will never disappoint you, as long as you could wait for good timing to sell it.

I believe so, i think for those who have the money they'l have to to buy and invest now because the price will soar up pretty soon!

The correction was quite strong, but now bitcoin stands still. I want to believe that the price will make a u-turn and will start growing every month up!

If I had a lot of capital, I would buy bitcoin at the current price, this is a very good opportunity to buy bitcoin.But I am stuck at the highest price so I can just wait and hold my bitcoin.

I could say that this is normal to cryptocurrency, that is why they always warn us that you should have strong heart to withstand cryptocurrency's volatility. I am not surprised of this dip.

I hope this is the bottom, we expect that the price of bitcoin to return the price last december in $18K - $20K and expensive increase  this year. For now the value of bitcoin is around to $7K - $9K and this is the good chance to buy in a lower price to gain profits when the price is rising.

Well I do not think we can be sure that this is the right time to or not .because it can go to half the current value of the next month or so.I also be sure that I need a long term investment .and good time to earn a living here .and buy as much as you can .for everyone knows that bitcoin is gonna rock that's up in times goes.that's it yo be at least in person long investment .those are not good times for fast trades for the best way is to hold pur bitcoin and buy let's and see it the prices as risen it as in go up to the moon again.

I believe same and expecting to see a change in the price soon though no one can predict correctly and I think is the right time to buy and hold then see what happen next.

I still see panic, and we can't deny that. You may see the opposite but the truth is, with the result of Bitcoin's price being taken care of because of the market's fault, many Altcoins are also being affected. Though not literally related, but as other people see Bitcoin as the main Crypto so whenever it dumps, other people will start selling their coins for them to make it in the highest cut currently what Bitcoin has.

And there are very significant drawback in holding, that is obviously lowering its price. As I have observed in different exchange, and because people are holding their coin and some wanted to just sell it anyways, so it will turn out that they will lower the price so that it will be sold easily, thus placing it in the dump situation.

We have seen that a very drastic decline for 3 months at the beginning of this year. But the decline of the second wave is not less than $7000. I expect it to be a signal for a reversal of the bitcoin price trend. All the analyzes are just speculations that may not occur in the future because the most affect the market price is a demand for bitcoin either buy or sell. When both the demand is balanced then the price may move sideways but when the buy request is higher than the selling demand then the price will increase. Then I recommend continuing to buy bitcoin because I think the market price is now a low price of bitcoin and maybe in the future bitcoin will not come back at the current price.

My opinion is just the opposite of yours. I think it's too early to talk about reversals. Bitcoin may go to 6K, maybe 5K. No one knows where the bottom is. Now the market is squeezing the bubble, which will be a long process. The last three months are a downward process. I think this trend will continue.

We could all hope for a reversal, but it looks like for the time being, it's the bears who are dictating the market. It has been going on for a while now and it does not show that the bulls will soon take over. However, with all negative news like for example the porno issue, the price does not drop lower than $7700 and that is positive. Bitcoin will rise, if not in a few weeks, then certainly in a few months.

everyone can assume that the market will recover, most of those who feel calm in the face of the downward trend in market prices will choose to hold it, because they think that there is always a recent fall in market prices could affect everyone to experience panic so big players can take advantage of such situations.
we must remain optimistic that bitcoin prices in the near future will again raise prices.

I am happy if btc back to reach a good price but I have not invested my money there because not enough hope that I can invest my money next year.

I’m not a technically intellectual person, I do use my guts and emotions in determining what will soon come. Faith and trust is the only tool I used to fight against negativity. I do believe that bitcoin has nearly be on bull run again within next month of April. The FUDs is still circulating but the common investors are optimistic like Op and that’s a very good indication of a much more supportive community.

Hope you are right, there are so many under valued coins out there at the moment, it is hard to know which ones to buy. Just got to look at NEO, EOS, ETH , these are last years prices.

I always believe if bitcoin or cryptocurrency in General will return to normal after news that cornering the bitcoin or cryptocurrency. Like the saying goes ' no rain which does not subside '.

exactly many undervslued coins today this may due to bearish market and bitcoin price is also  dropping it drags alt coins price too. but i know most of us guys are confident that  bitcon may recover in this market. trading is just a cycle of ups and down.

in this bad situation, i think maybe the btc price will go down more under 5k within 2 months, we'll wait and see

It's more look like the market is on the sideways rather than reversal since the price were stuck around $7,000 - $8,000 starting on 27 march. just IMO.

I think if bitcoin price is on the sideways, then I think many of altcoin is trying to increase again because they don't see the chance for bitcoin to increase in a few days or weeks. and if altcoin is increased, then I think we can see that there are many altcoins will trying to make a new highest price again and it is good for us because we can sell at the new price. but if it's not, then I think we can wait for another day before we can see the bitcoin price is back to increase.

Though the price is rising a bit slower, but I still have hope that It would break th highest record very soon. This is the best time to do investment on bitcoin as the higher amount of profit is waiting to be happen.

This is not a rebound but a recovery. When we say rebound there is a huge tendency that bitcoin will go back to 6000$ per coin but when we say recovery it does not say anything but an increasing value. Bitcoin is starting to move again and this time it has signaled that it will start to increase. Big trading groups have also predicted that bitcoin will start recovering this April until December.

I still suppose that Bitcoin will be growing. It will not fall so critically as some guys say about it here. I do hope that its price will be at least 2 times higher than now. Just be patient and relax, no panic, please.

I have the same idea as you. I think Bitcoin has fallen to the bottom. I wait for it to explode. I will continue to hold my Bitcoin. I believe that it will surprise me in the near future.

This time we are currently in down market, it has fallen indeed. Let's hope this is the bottom and we could see an uptrend in the weeks coming. But, you know even the market is not good I believe it's future ahead.

What thoughts and forecasts can be, if the market is so unpredictable. I want to believe that in the new month indeed, prices will go up and there will be a bullish trend, but how everything will be in reality, time will tell.

Well, it's a good thing that BTC doesn't fall back to 6000 as of the moment. It's playing the tug of war between 7500 and 8000, which for me is a good sign. I think it's a positive sign and I'm looking forward for the months to follow especially this June. Hopefully everything will surge up once again. Better buy some coins and bitcoin while at it.

I hope so, but it's still probably going to $7200 or more, and probably bouncing again to $9000 and above, no one knows about future.. but we can predict and doing some speculations, and preparing about it before happen

Not supportive of any calls either direction now. I'm good either way. Bitcoin sticks around this range, I take it as consolidation. It continues to flounder in lower lows, good for me, I rake in cheap coin to my hoard. Bitcoin renews a bull run like last spring? I sell alts and get great value in BTC.

Nah, these big groups are just as lucky or unlucky with their calls. Follow a number myself, even paid to have a look at discussions. Very well thought out analyses, some of them, and staunch non shilling followings but they were roundly proven wrong a month ago calling the bottoms.

Just goes to show, this really is a guessing game.

the bitcoin has been reached the 7.5k already i think with in this week it will come down around 5k to 6.5k and i am going to invest some money in bitcoin next week, the bitcoin price will be come back 15k in next month.

Place your bets. For the past few months (or longer if we're looking at previous 'bottoms'), various advisers have indicated we are near the bounce back point, and the market has kept dropping. Reading an article the other day that said Bitcoin will drop to $4,500 and Ethereum will reach $300 before a recovery begins, but even if these 'guesses' are correct, the recovery will be slow and shaky. The market is going through a nervous period once again, I would like to see the price stabilising for a few months, maybe hovering between $6,000-8,000, and establish a solid base. This way confidence will start to creep back in and we should see a decent upturn later in the year. Just another year in Bitcoin.

what about now?that the price goes $7600?so when is the other bottom ?lol..no one can bring exact figure here now,even experts now stop to give own speculations after lots of ups and downs of prices..everyone is silently waiting for every tomorrow about what will be the markets movement..what we do now is continue throwing good words towards crypto and stop fuds and fake news

Whatever the reasons of this downfall it hurts to see this for almost 3 months of bearish trend. The price now is at $7400 and this may drop to $6000 if the buy supports can't sustain the situation. Although the positive side of this situation is a opportunity to buy bitcoin at cheaper price.

You know all the time we used to say buy low sell high. But our mind works in a very strange way, we do the opposite in practical. Good prediction. Its highly likely. I personally believe this is the best time to invest. Thanks for sharing thought.

agree with the guys! for whom it's sad - drop bitcoin! and for whom it is an opportunity to buy bitcoin at a good price! investment in bitcoin at the current time is the best opportunity to make good money in the future!

Well it's April now and we are still struggling with the market that march left behind. I do not want to be the one who sounds pessimistic, I want the price to go up just as much as anyone else but we have to face the reality that no one can predict bitcoin.

I hope this is the lowest price of bitcoin, I will buy bitcoin, as much as the money I have, I will hold it until bitcoin prices actually go up, and I believe bitcoin for sure, will return to its highest price, hopefully a few months ahead, bitcoin already back to the high price.

I hope this bottom, if it is below I hope to buy this night. I hope this will increase prices soon. I buy it intelligently and sell it. Sometimes it keeps going down, I will definitely get it back again and be patient for that.

Resistance is still strong going to $10,000. Probably a few more positive news would give it the needed push towards the 5-digit barrier.