Bitcoin Forum

Have we seen the bottom or it is coming?

I guess, it is more likely that the price of bitcoin will aim at the level of $ 20,000 per coin. Although, of course, there will be small price drops, but now the trend has changed to bullish.

Then they are not real Gurus. Bitcoin is doing well specially in this month and leading market as usual. Everyone is aware of the fact that BTC have really good signals now a days and will continue to increase in coming months as well.

Let them think what they want, let them predict what they want, let them believed on their claims, let's say what they want. What matters here is we have different views on what things should happened and just follow what we think is right. We will not believed on that "right thing" in the first place if we don't have a strong references, based and claims.

It's usual that when there is a price decrease within a large margin, the speculations of bitcoin price will go lower down to the point that we are not expecting it will rise and spreaded.  But with the start of "bullish" trend or what people called it, it erased all claims during the last dip that price will go lower or around $5,--- level.

Let's see what will happened next.

This always amazes me, how here topics can go one after another telling right opposite things, lol! Can reach $64k or $5,5k

And some other gurus think bitcoin will hit 250k  ;D Who knows? But if BTC was in a downtrend for a long time and now rise and rise with price returns 3 times in a row...dont miss an opportunity and don't listen to gurus -)

It looks like 6k was the bottom when considering the last 6 months or so. I don't think we will see lower than that in the upcoming months. But there are many unknowns in the future so we can never be certain. The reason I suggest that is because the bottom was tested multiple times and since then there has been a lot more positive both in the community and in terms of publicity. With things like LN getting closer each day and the FUD around regulation etc becoming more transparent each day, I foresee a bright future, though we will see dips like we have done in the last 24 hours and may continue to see in the coming days.

Price of Bitcoin depend on the news that exist in the market, Bitcoin and others crypto possible going down up to 80% if the news is very bad like in 2013. But now only there are some FUD that just make the price of BTC dropped to $6800, and from this price in my opinion the price become support and  will going up and can be surpass $20,000.

Speculation will not work much since we dont have limits on news that may come on its way, there are many organizations that still anti this trend that makes news, and there are many indicators that we need to consider on the market price. News were one but the economy and demand needs to consider still.

Everything could happen but depend what and when is the main question. Even there's same analyze people will give different reason, it's relative bro. I already see the bottom depend my technical analyze using MACD and next month is time to buy back, believe in my skill is what I do right now. I don't trust any signal from others ( web, tele channel, guru, etc ) any more, I want become the subject not the object. Understand bro?

The value of bitcoin in the market had reached a support level and has taken an upward direction. If it happens that the value does not get passed the 10k range, it may likely go back to the support range or even further.

Nobody or trader can accurately predict what is going to happen and we need to study the historical data in other to be able to predict the directions of the market to some extent. Bitcoin pulling back $5,500 is still possible because this chart pattern has repeated itself several times. However I wish we should not fall to $5,500 again and that Bitcoin remains bullish for the remaining part of the year.

No body can predict market bottom or top. When experts predict some value market will not go those prices exactly because recently we already hit around 6.6K range and from their we started recovering. As an investor I don't want to go back again to that bottom again but if it goes then just buy some more coins.


If some experts want to bring down the price then they will predict the lower prices so that their followers can rest of the job to bring markets down but if some experts want higher price then they will say it can reach the sky. That's why don't follow any experts prediction to buy and sell coins. Do your homework before investing your hard-earned money.

i am also thinking that bitcoin could go to 5500 level very easy , we need to be prepare for that dumping and fix profit to get inside later .

In this market, you expect everything to happen. It is a rise and fall situation. You better don't put all you can't risk to lose and also, take your profit when it is ready.

I have seen many coins that got to $1300 but have dropped to a dollar or lesser. You will be surprised.

$1300 to less than a dollar? Can you name any, I can't think of one coin that has done that. I may be wrong in that but I would be very surprised. So few coins have even ever reached such a high price.

I also believe the bitcoin price will fall to the $ 5000 mark, you can see that the market in the past few days are recovering very strong, the price of bitcoin and altcoin are constantly increasing. Many investors are thinking that the bitcoin is in the up trend, but in my analysis, the price of bitcoin is uptrend but only in the short term, in long term, the bitcoin price is still bearish. Can pass the milestone $ 20000. So I think you should be very careful when trading bitcoin.

You did not show a link where you can show these supposed gurus by making such predictions, besides whoever was the one who named them "guros", you just realize that these supposed gurus are making predictions with few chances to be sure that their analysis is like a hunch that anyone can do. let's be honest, if you had a guru capable of predicting the price accurately, do you think that person would not be some super rich and famous? all people would seek out the services of this guru. The price is already above $ 9000, so we will stop having negative thoughts


you are pessimistic and even being pessimistic you need to show something convincing that leads you to have this pessimistic thinking

there is no way of knowing where the price is going to go, there are some reasons we give to say why we think it might go a certain direction, like the tendency for a market to repeat certain trends and so on. so what are the reasons why the gurus think it'll go to 5,500$ ??

And some other ''guru'' will tell you the opposite , so in the end it is still 50/50. like i always say when someone asks a question like this , do your own research and make your own decision that way you can only blame yourself.

self claimed gurus always think like this! that is why they are self claimed in first place. you need to seriously consider ignoring all the bullshit that is flying around out there and start having your own analysis of the market. most of the people who are doing this so called analysis and prediction of bitcoin is just telling your their wishes. i am willing to bet that all of those who were saying it will drop to $6000-$5000,... had open buy orders at $8500 and wanted THAT to be filled!

I also don't see bitcoin dropping a lot this time to $5,500. Maybe $8,000 to $8,500 will be the dippest because seeing the current trend, it looks like bitcoin is now slowly recovering after that big bear season.

There are a lot of "gurus" in this forum who states what would it be like for the bitcoin in the upcoming days. Self proclaimed experts who predicts without any basis or proofs of their claims because they only rely on informations that is currently happening.

That's pure speculation in anyway,Some who called "Gurus" or whatever they call is just trying to speculate the movement of price of bitcoin,The price of bitcoin are only depends on traders and supply and demand.As of now i see that the price of bitcoin is in the normal range and perhaps it will started to increase if some good news will appear

Let them predict. Everyone has their own predictions and 90% of them turn out to be wrong. The truth is that no one knows what exactly is going to happen next, and everyone keeps speculating the probable events.

The only truth is that the market is here to stay and we would not see the price of bitcoin going down from the current price of 8800$. At max it can go down till 8000$, but that would be it. The price is now stable after years and it will stay like that. Do not expect miracles of reaching 50k.

In fact, I do not believe that some of the master said, it is not clear how much bitcoin can go up.

Last year there was a master to predict the currency will reach $500000 in 2018, although we cannot predict what will happen, but I don't think the currency of the price will be $500000 this year, $20000 is my expectations.

That lower and one more time, its not possible at all. I mean its been long time bitcoin was already draining itself and now the time has come where its just all about the bull market. There could have been another bear market but bear market doesn't follow itself after big bear market.  ::)

I mean there are some calculations like investors getting  into the crypto at bear market and then flooding the market with huge volume thus initiating another bull run. This is what happening right now, its just that we are experiencing some in between panic sells causing the fluctuations. That is pretty normal.

But no one can ignore the importance of speculation for the market movements. Anyway I'm not ready to believe that bitcoin price may again reach $5,500 price levels. Because, the trading volume in most of the major exchanges are healthy which will be the 1st to signal for upcoming bull rally. Most of the people are expecting bitcoin prices to reach previous all-time high price levels hence $5,500 may be never be possible again.

It's not impossible in cryptocurrency that price can go deep like you said but of course, I hope it's not gonna happen, the market is back to normal after we got a big dump a few months. Hopefully, this is the end of the dump and back to normal again like before

The definition of "guru" has gone down the drain.
Nowadays everyone with a twitter account is claiming to be a guru, a pro-trader, an expert and many others.
Can you please link to those "prophecies" , so that we can see who those "guru" are?


So nobody can predict the future for certain but you know for certain that.....
Are you a guru also?  :)



I don't think the bear season is over yet.
There were so many fluctuations between 8k and 9.5k this week and every time we passed the 9000 mark people turned bullish only to see than the next day we were back on the same spot.

Maybe the worst is gone but  I guess for a period we're still going to see swings around this price, unless somethign bad happen.
But...I'm not a guru... :D

I am a bear, but I do respect the opinions and rants of bulls. But no offense, the true guru traders are claiming that we will have a bearish 2018. Bitcoin might hit $4k or even $3k. Then this would be the last dip, then moon. Altcoin will experience the same fate.. All crypto will go down, year 2019 to 2020 is the most wonderful year for the crypto.

Not anymore cause the price of bitcoin will dip down to such price range and if you watch close the price of bitcoin whenever there was market correction that price usually don't go behind pass market correction price range.

That is only possible in dreams now. During the recent dip, bitcoin has provided this opportunity to all but most of them thought that it was the end of the world and did not bother to spend money in this digital asset. Now wishing for that same time again won’t bring it back. Even if bitcoin or whole digital market bleeds more than expected or stays for months, still coins will recover.

Most of them predict like this to their followers finding a time where they can buy bitcoins for low price. I bet those gurus are the one's who regret every minute of their life for not buying bitcoin when it was low at price.

The chance is already gone for long now. It is almost impossible for bitcoin to decrease that much and honestly, when bitcoin was worth 5k dollars few days ago, everyone was like it is the end of bitcoin and only few invested in it. Now desiring for such chance again is mean. They don’t understand bitcoin at all and show zero respect. The markets has moved forward now.

I think they are disappointed and felt regrets not buying and still thinking BTC might get down even more than 6k USD. Now it even hurts them seeing that Bitcoin might soar again and yet they haven't even bought. Their instincts and predictions failed them over again. Unlike us gamblers who are betting what we've got, win or lose!

Those gurus are losing their mind and sooner they'll loss all their mind if they see bitcoin reach new ath and they're actually fooling theirselves. Obviously, what they said has nothing to do with the price yet they're trying to make noise so people will panic because they see everyone now that's calm and relax. Don't believe them instead believe in your guts.

I see that this post had started last month and that was before bitcoin made a break out, however there is still some chances that bitcoin might go down around that value, since there has been a statement released by mt. Gox before that they will sell all the bitcoins they have to the owners, there will be a drop on the price of bitcoin, since there will be a surplus in the market, they might be saying it because of it, I for one am waiting for their release, since the price will be cheaper, then after a few months, a correction will be made and the value will rise. But as of now, we are seeing that bitcoin is recovering considering the fact that one of the factors that bitcoin went down was when mt. Gox release around 8000 bitcoins, if I'm not mistaken, and the value of bitcoin soon drop.

These self proclaimed "gurus" dont know what theyr taking about and just spreading FUD in order to suit their own agenda.  If i were you i would completely ignore what these "gurus" have to say and i would base my price predictions on the technological aspects of bitcoin and crypto.  Furthermore, it is still very possible that bitcoin could hit $5500 but i honestly doubt it will.

I hope that we have already seen the bottom. That is why I am not buying Bitcoins now (I bought them before). I am waiting for the time of BTC gaining.

Yes, i guess the increase rate or stability to the current exchange rate is not bad when compare to fiat currencies.

Those who knows what they are doing can still benefit from descrease & increase.

Pls,note that 5,500 - 7,500 btc rate is the most stable range before the boom in december.


Thanks

Those "GURUS" does know if that price will hit in that way, no one knows. We are the ones who controls the price of Bitcoins and some of those guys who are manipulating it.

Don't think it will be as low as 5.5k as some gurus are waiting/hoping for that but it will be close. It's so funny how the TA trend changed from bearish to bullish in a matter of few days.

analyzing the price of a cryptocurrency especially on bitcoin, this is really very difficult, yes indeed I see in bitcoin market decline and possibly reach 6000, but this is just my analysis, we know that bitcoin volatile, so maybe even get 10000 level.

I do not think bitcoin can come down to that. I think it will stop at 6k5 and rise again

You should know that even though the market is in poor condition these months but every month we get a new bottom line. you dont need to fear for this price drop. we are stable at the price of $7300-$7400. I think the bottom line is already in this position. actually this is the right time to buy

Gurus or Investors or whatever people saying that bitcoin will reach X price, they are just speculating just like we do in bitcoin. They are just pure speculating the price of bitcoin.

Maybe these "GURUS" you are saying are some of the manipulators who are manipulating bitcoin at this moment. Anyway, base on my speculation I don't think that it will go below the 6k$ mark because if this happens, it will be a disaster for bitcoin and the whole crypto market.

In my opinion, it is the time for Bitcoin to rise and not to fall. The monetary value has been going up and down these days but ultimately it will end up high. The experts in various expert opinion programs have been advising to hold and not to sell your Bitcoin in such a situation. Not only this but there have been good predictions by some good crypto experts about the Bitcoin that it might end up more than $30000 towards the end of the year. Let’s hope so.

The bitcoin is already at a minimum price, there is nowhere else to go lower. Technical analysis indicates a possible market reversal.

I guess those gurus were more than right in April - Lol. The point is that the same gurus now speak about BTC possibly tanking until 3000$. Wel'll discover soon how good gurus they are.

No problem on 5that's price dropping at 5500 level of upto 3000k usd level one thing I assure to all bitcoin will rebound again their value the narket just wait do not panic and don't stressing yourself. there are so many prediction about when bitcoin go to in my own opinion bitcoin as volatile currency is normal moves falling down of goes uprise.  stay calm and relax wait for the right when its come all loses bring back for us.

I believe the bitcoin price could completely fall back to the $ 4000 level if the $ 6000 level breaks down, you can see that the market is fluctuating continuously and is in the bearish trend in the long term, so to be able to Commercial success on this point is very difficult. You should trade short-term by day and always have a specific trading plan to handle any situation that may occur when the bitcoin price drops sharply.

Can be possible reach that price,  that area is near from current price. There are a lot of good news coming and I still positive the market will recover soon and bounce back to bullish again.  Patient wait for that is only thing we can do now to recover loss.

Well it seems that bitcoin is having trouble as of the moment to move up in significant value despite any positive news. And when it dips, you'll feel it. Market manipulation. It's hardly about supply and demand right now

Actuallly 5500 dollars or what is too small, for me the bitcoins is invulnerable and can reach the highehst market value
which is possible because bitcoin is the best and will always on the top in cryptocurrency.

Some ta's say 4500, some say 2000. We really dont know. If you still got some fiat right now. Would you want the bottom be at 4500 or 2000. I know that you will pick 2000 but is that the real bottom gonna be.

Yes it will happening in the next upcoming week because the graph says it continue to downtrend
Personally I still believe on bitcoin so that's why I keep hold most of my bits and only sell some for emergency purpose only.

I think this year may become the worst time for most cryptocurrency !