Bitcoin Forum

It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I want to show you my top 3 scenarios, which I believe are most probable.
https://pbs.twimg.com/media/DtE5bQ-WwAArGgx.jpg:large

Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...

We're either oversold and already broke the bottom, which should mean a fairly swift return back to $6000. Or we haven't reached the bottom yet which will likely mean a push down to $3000 or lower. I believe that the second is more likely true given how little push back there has been with the price, there seems to be little in terms of buying volume to move the price upwards.

The market is making some insane moves. Going down by -20% in a 24h period and the next days we see a +10-15%. Any prediction for the short term seems unreliable as the market itself seems don't know where to go. People are calling $3,000 the bottom, and when we will be in they will say $2,000 is the bottom and so on.

since it started the bitcoin cash war, it was a hell for all cryptos


The answer to that question has become the goldmine for many people, people have begun to focus on guessing where the bottom will be because if they hit it, they will have the chance to become famous. The problem is that every day people fail to say where is the bottom


I can not see well, in this image in your opinion what is the bottom? $3600?


this reminds me when the price was  $900 and I ran to the bank even raining, I ran to the bank because I had to deposit the money in my bank account to buy bitcoin. this price drop is something very painful

I totally agree with you, as i have also see when ever their is some selling pressure and market goes down , their everyone comes and tell that this is bottom or else take more 500 $ down and tell it as bottom resistance. and when it is broke another down target as resistance. So it is clear that nothing id bottom.

The bottom is yet unknown at this point. Many have called varying numbers, while some have happened, some are yet to materialize. We're at this point grossly oversold on most timeframes, yet supports get broken. So the bottom is vague for now

Nah man, there's still way too little despair in the air. The streets need to run red with the blood of traders and hodlers alike as everyone loses their hope and feels their investments turn to ash. There's no bottom as long as people even dare calling the bottom.

Well of course nobody is able to give you exact namber where bottom is going to be... All is just guessing according to diffrent indicators...


A.) I expected bounce from 4200$, in fact we want down to 3600$, but this doesn't change anything... bounce should go definitely above 5000, close to 6000 is possible. And than another big selling next year all the way down to new lows..
B.) We go down to 3000 - 3200$ without having any significant bounce before that... after we go back above 5000, 6k is possible, and next year we have another big selling down to new lows, in 1300 - 2000$ range...
C.) like B. we go down to 3000 - 3200$ without having any significant bounce before that, and in next 6 months we are somewhere in 3500 - 6000$ range, but we don't make new fiat lows...


I agree with you on volume indicator, we haven't seen enough volume to be confident...which in my opinion means we haven't seen the bottom yet...


Everybody who is still interested in crypto is trying to identify bottom, and wants to buy as soon as one important support is reached, this gives the bounces into green... on the other hand someone is very much interested to drive price down, and to shake off all weak hands, create panic ... this gives us huge drops... It is just usuall market psychology... But of course nobody knows at which level bulls will overpower bears and vice versa


And I also agree with you very much on this market emotions observation... but I believe we will have one significant bounce, before final sell off and absolute bottom....

I initially thought that the bottom will be about $3500-$3600 but I have to re-adjust so I'm also on the $3000 lows as seeing the final bottom. Currently though we haven't reach that price, as the price is really on a swing right now and hitting as high as $4300. But as you can see its too much of psychological barrier. So I guess we are still far from the bottom and we might see some sell-offs again pushing the price below $4000.

the current price has moved from $ 3000 to $ 4000 and this is good progress even though the altcoin still can't go up high but this is a positive trend going forward. My prediction is the price will be sideway in the range of $ 4000 to $ 5000 until the end of 2018 and will skyrocket in the following year because crypto already has a lot of good integration at that time

The fall has been going on since January. Every time I hope that there is nowhere to fall below, but the price of Bitcoin surprises again. I have already stopped hoping that this is the bottom, I am a long-term investor, when this fall stops and growth begins

We still don't know that yet if it is really the bottom for now and would not go further down., but I do know that Bitcoin will survive and will run up again.

Is it just me or does this literally just look some kid drew a few rectangles and some squiggly lines? I'm not saying there's no logic behind this but when so many different forms of TA all look the same how can you really trust any of them. I could just as easily draw some lines and say A, B or C will occur.

I would rather chill to actually see the trend change with the market developing before claiming a bottom is in. Sure, we can see the price action in a way that the market could have a short term rally but I have not seen the expected volume yet. I would not be surprised to see a final drop towards $3000 before we see any possible reversal, but that is something we will leave for time to decide. Right now, I would rather chill and wait to see how the EMA200 will be reacting in the daily time frame. Psychologically, $3000 would be a good psychological support at this stage, but the truth is anything can happen when it comes to going even lower than that.

Currently the price is now over $4000 so which break all the resistance?

Actually no one can aswer that where is the real bottom,everyone have their own view while predicting the prices but there is no need that history will repeat again so the analysis are just for the reference but it may or may not happen now.

You have good prediction but I don't know your calculation, so I can't compare with mine. I lost hope with crypto because already reach my stop loss, I should cut loss all activity. Maybe I can use yours but I think mine is better. Your scenario is good and maybe when this situation happen again I can use it. Many strategy came in this situation but I see all fails, good luck with your scenario.

Probably all of use who are still around believe that bitcoin will do good in a long term, otherwise we wouldn't be around anymore :)


The thing is that yes, this really looks like some kids drawing. I could have used much more time to make screenshot look much more sophisticated, but outcome would have been the same. A,B,C scenarios would have been the same.
You could, and you can draw some lines and say A, B or C...nobody is stopping you from doing it. If you can argument the logic behind it you are good to go...
Too many people thinks that someone doing TA will simply give them the magic numbers which will stick. This ain't gonna happen. TA is all about recognising patterns, and anticipating what might happen, and with what probability... But nothing and never anything is certain untill it happens. Bottom line, the only one who you need to trust is yourself, all kind of TA and other "drawings" you can find online is just another info you need to critically analyse.
And FYI I am not an expert of TA...

Btw I still believe we are going to see A scenario...


If you believe yours is better, than stick with yours! :D
What kind of calculation do you have in mind? How I get those numbers?
I don't want anyone to strictly stick with what I anticipate... those numbers are very lax, so don't look at exact hight of my curve, because I draw it very superficial.
We might go up to 5400$ in next few weeks, and in beginning of 2019 drop down to 3300 for ex... and I will still say that we have seen A scenario.
What I want to predict here is short-mid term cycles good for trading... I don't care about exact numbers, I don't care where exactly will bottom be, because I know I will never hit it... but in between I can make alot of money if I get short-mid term cycles right...

I really hope that is not the case, the price going down even further will be probably the breaking point of many investors, while many will be happy with those investors leaving the market that will decrease the adoption and it is likely that someone that has lost so much money with cryptocurrencies will prefer to not invest again in them, so the small recovery we are seeing even if it is not much gives those investors at little bit of more calm and they could decide to keep holding.

i think it's a dead cat bounce. buying volume isn't too impressive, and there's no V bottom to be seen.

the S&P 500 is also threatening a pullback. the last 4h close is a bearish star doji. it looks like the stock market is about to test the theory that we made a double bottom; the same could be true for BTC. while i don't believe there is a direct causal relationship with bitcoin, like masterluc i believe they are correlated because of a larger market cycle.

I don't believe in some predictions and forecast anymore. If the famous experts are mostly becoming foolish for so many times before due to bearish market then how much more for the ordinary crypro users like us. I will steak to wait and see scenario as Bitcoin and Crypto market are proven unpredictable.

one thing that i have experienced throughout the years with bitcoin is that whenever i see a lot of manipulation where the drop is because of it, that has always meant high unpredictability. so calling bottoms, using things such as moving average,... becomes meaningless because it is manipulation that is dominant and deciding the price hence the bottom. that is also why i always prefer staying away at times like this unless i already have some free money which i would make sure to dump and buy bitcoin instead.

There are still possibilities and scenarios that may affect bitcoin to reach another all time low before the year ends so your predictions may still happen. This is the second day since bitcoin touches $4000 and act as a support line. The current price is now being tested if this be broken, we could expect to see bitcoin to play in $3500 to $3800 and worst case is $2800 to $3100. Depending on fundamental results and how the public reacts, these prices I mentioned are possible. I am currently trading at Binance and I am seeing a minor dump so we better watch closely or we will be left behind.

We've reached the bottom right now and I hope we can see something other than the bottom because we can all see how 2018 is a year of downs and bottoms. Let it rise even if its the end of the year, just never let it get down to the level everything isn't of value right now.

How did you know that we are on the button right now? The market is unpredictable yet we don't know what will happen next, so, let's just hope that we are now on at the button price and it will be begun to raise up even though there's a lot of rumor that there is no bull run at this year but still we hoping on that. Well, there's nothing we can do now is just ride the volatility and manage the possible risk.

As per my analysis it should be the bottom now, whenever there is some sharp fall after a long downtrend it should be considered as the end. Every scenario in financial market is probable, there is always a top and bottom of any trend but it is the most panic moment for very trader investor which forces them to sell low buy high.

Better to be realistic than to expect something that really unpredictable, we can't say if we are already on its bottom as manipulators can do more if they seen money flowing around the market, more shake means more weak to let go, so even we do have some good insight with analyzing the potential outcome we still needs to observed more and if there's some spare money to invest taking the risk while value still cheaper than the last ATH can provide good profits in the bounce back period.

I don't think it has bottom out and what happened last three days is a fakeout signal.  The bottom is not in sight yet and a lot of speculations are out there that are pointing towards $3000 and $1500.  For now we should expect a very serious technical or fundamental analysis indicators that will change the equation.

We'll only reach the bottom when fear is at its maximum and the large majority of people have little hope for a recovery. Looking at past bottoms from a mass psychological perspective, we're still some way away. Of course sometimes that trend is broken with exceptional circumstances, the tech and innovation we're seeing may be enough to break that but at this moment I believe the market is still too driven by speculation for that to be the case.


As I've said before, I believe that's more likely to be the case. Although a V might not form for some time, if the price returned back to 6k in a week or two then looking on a few day or 1 week graph you'd see the V you spoke of.

There is undoubtedly a link between the stock market and crypto markets, while there's most probably no causality there's a strong positive correlation and it makes sense. They're both choices of investment and more risky ones at that, if the wold economy changes and investment goes down or moves towards safer investments then both will suffer.

Since the bitcoin as a commodity does not have a fixed price then it practically impossible to know it bottom, how can one predict it next price either it will further go down or increase its unpredictable but I will say a $2000 bottom line is what may be the lowest down movement that bitcoin can go within this year, but since the bitcoin market is always volatile so at that it price can never be predicted.

Even i can also say that $1000 is also bottom line as this was the 2016 resistance point from where the market moved up massively, so this price is also a big resistance sentimentally. But still no one can tell what is low and what will be the high for 2018

It seems that its bottom is around 3600$ , and I say that because of the miners , mining 1 bitcoin needs a lot of power and I think it coasts around 3600$ , and if it goes deeper than that it wouldn't be profitable to mine , Sometimes its diagram acts ridiculous , dropping 12% in one day means some people still are playing with it .

We will never know what the bottom is until it happens. This could very well be the bottom however it doesn't mean it must be.

Some rich person like Craig can wake up one day and say I will sell another 30 thousand dollars to disturb the market and we will see another bottom even further down than this one. Hence, we will never have a clue on what the bottom will be or will not be. We have seen a lot of drop recently that nobody really expected, just a month ago people were saying that 6 thousand dollars was the bottom, now that we have moved further down people are calling this a bottom, what if we drop to 2 thousand dollars next week? I can tell you what will happen, people will call 2 thousand dollars the bottom. Do not look for the bottom, get as much as you can afford on all prices.

Yes it seems that this year is indeed the worst year for crypto, a very rapid and continuous decline, making people think this way, fluctuating increases only last temporarily, not even up to 24 hours. Save FIAT assets at times like this seems pretty good rather than having to be hit every time we see market prices

I don't know which credible people are you following, but not all of them were calling for bottom anyway near 6000...
In my first video, posted on 3th Oct, I said BTC has not bottomed yet... and in next few videos I explained the reasons why I believe 6k is not the bottom... And of course I was not the only one who predicted fall much below 6k.
Bitcoin has not bottomed yet - historical comparison (https://www.youtube.com/watch?v=i7MPDg7KLaY)
So please stop saying that everybody was calling 6k the bottom.
And also now, most of the people, whose opinion really count, believes 3600 was not bottom... So I am really asking myself who d hell are you listening to?

So many speculative analysis that market may down deeper going to 3.5k$ and bottom to 2k$ at most but for me I have to keep an eye on the real market movement no one knows what this whales are planning to the price of Bitcoin but if it goes deeper it is still an opportunity to buy at the lower price and keep holding I know bearish season may over and I patiently wait for it to come

I really hope so. After that I would make a long position and wait until Bitcoin retraces again to go down. But I hope that it will have nothing to do with it now.

I am also believing the bottom has already arrived. We can be sure about trend change hereafter. But, we need more confirmations to occur in order to make new positions. Please do not rush to buy right now. Waiting for more confirmations to occur will be the good idea for assuming the bottom has already in.

For the worst case we may get price lower than $3500 but definitely not lower than $3000. Hence, buying right now and holding for some months will enable  anyone to get profits from this volatile market.

It is not possible to say at which price tag mining becomes unprofitable. As price goes down, some miners exit the proces and others receive bigger share of the block reward, therefore become more profitable.
So determining bottom by the cost it takes to mine 1 btc is not possible. If majority of miners stops mining today, price for mining 1 btc might drop to 10$...

And there you have also miners who are mining on renewable energy sources, and other low energy cost solutions, which drives expenses lower. So what will this bear market do : Well, it will force miners which are not optimised from a prospective of costs/performance out of the proces, and only the strongest will survive, which is kind of a natural selection...
So for the most advanced miners there is no such thing as nonprofitable mining, because more the price drops more other miners quit mining, and bigger their share of reward gets... and this point where other miners start leaving the proces is way above their breaking point...

However, there is still one more option. There may be another wave - the price of Bitcoin will increase to about $5k, maybe even $7k, and then fall below $3k. Then the bottom can be found even below the level of $2k.

I've grown tired of trying to figure out where the bottom would be lol. I was really confident just last month that we've already bottomed at 5.8k and never imagined we could get this low. Especially during the last quarter. We may or may have not yet reached the bottom but i'm just going to leave my coins and check next year 😅

That's the best option. At some point you have to understand that it's too late to act, even when there might still be some downward potential.

It's not that long ago where people said to buy as many coins as possible if the price happened to fall below the $5000 level, and here we are, these people are nowhere to be seen right now. They are probably amongst those who are considering to sell at current levels rather than to stack up on Bitcoin.

I loaded up above $5000, above $4000 and just above $3500 because it's an opportunity. I don't care if the price goes lower. I'll happily buy more.

Good idea. I don't think that it's a very wise idea to check the price all the time. I know that easily becomes a habit but that might get you too much stress that you don't need  and even make you do foolish decisions.
I don't think that price will go much lower but it wouldn't rise much either so to leave your coins as they are and wait for next year isn't a bad idea.

Every scenario can happen. Sharks always have a reason to deceive you in the present moment. However, I also choose to believe like you think we can still in scenario A. I'm waiting for the big wave to increase its accumulation.

It still not at the bottom. Yes, there is a stability in 4000 to 3800 USD but it is just for meanwhile. It will drop to 3000 USD as other people speculate it. However, everytime bull run starts to ignite. At the moment, we need to satisfy the bear market. Buying lots of coin will help us to be successful once bull run arrive.

I think the scenario where the base is in (A) is more convincing because from what I understand is the market is stable at 3500-4000, and most likely the worst decline is at 2800, because of fluctuations there are small chance can happen, scenario B is still possible and you have to be careful. This is only speculation because the market is stable I am more likely to oversee than taking action now.

It is also a fact that it is cheaper by now.
So there is also this scenario that we might see a sudden pump due to buyers will be thinking of another easy profit.

With 4k USD it is more likely to be pulled up if the buyers come back in.
Let us say those who have sold for 9k USD before the sudden fall.
They might have used some of that profit and will try ro make another.
Better ride that boat if ever it will happen.

The price already dropped down to $3500 before and I don’t see any difference between being at the price rate of $4000 and $3000. All these predictions you all are making doesn’t make any sense any longer, so yours is wrong and can never be right.

Why didn’t you make the prediction all this while when the price was around $11,000? That’s how claimed lowest was $10k right then, but it never, rather price kept plummeting and when it was around $6k they still made the same useless predictions and it never worked as they said.

Now you bring yours, which will also turn out to make no sense later on. You all should just admit you know nothing and stop distracting newbies. Nobody knows, just buy when you can afford, Bitcoin price is moved by manipulation and speculation and that’s it.

yes I also still believe this will go down even deeper.
many predictions about bitcoin going down to 3000 $ - 2000 $ we don't know whether it's true or not, but in the current market situation, it can happen.
i suggest dont buy anything till end of the year.

For now I don't see any dramatic drop unless there's another FUD or something like a BCH war that totally caught us off-guard. Although there's no bullish news either so I would say that the bearish trend might continue up to the end of the year but I'm not seeing the price going lower than $3K.

I do not hope that Bitcoin will start to grow in the next couple of months. We're marking time. No one can say where the bottom, many investors are in a panic, and analysts professionals are lost in conjecture. I think that Bitcoin is able to surprise us with growth, but first we will fly down as it should. I wish everyone to be patient.

Yes, you are right. We need to have some patience to allow bitcoin to regain itself. This will not happen over night.

this is not too low, when the price of bitcoin is still at the price of $ 5000- $ 6000 I have heard the news, if the price of bitcoin can go down to the lowest price of $ 2000, I think this news is FUD, but now the price of bitcoin shows that prediction is correct.

If you don't see any difference between 3000 and 4000$, that doesn't mean there is no difference... it is, just you don't see it. 3000$ for example is around 50 month moving avg, at the same time 200 weekly moving avg is very close (3100$ atm) ... both are very important HTF support levels, and often markets bounce on them on higher time frame...
So this would be very logical bottom... If those get broken, who knows where we might end...

When we were at 11,000$ I was not yet posting my videos online... But when we were at 7k I predicted a low at around 3k, go ahead and watch my videos to confirm...
If you think that anyone can give you the magic numbers and those will be spot on... than you are either very unexperienced, 12 years old, or delusional... unfortunately this doesn't work that way, so yes it is possible none of my predictions will hold, only time will show us...


Gargo, doesn't this seem something like my option B. ? :)

Seems like the A option was denied ... so we are left with B or C ...  In this case I believe more in B.

Btw I don't think selling is over... after yesterdays low at 3200$, BTC was denied 2 times at 3500$ and couldn't hold 3400$ today... I believe we will see one more leg down, possibly to 3000 - 3100$ before we get short relief and bounce up into 5000 levels...

From point of view, price action is probably telling us that we have just hit the bottom around $3250 - $3400. The downtrend seems to be exhausted and I would expect a short term oscilation around $3800 mark.

That's basically my concern. In a market where we're currently going through a cycle meant to flush out the weakest hands, I honestly don't think any TA based 'support' line is going to hold firm.

In case it drops again, we should expect $3000 to break, and very easily so. I never like a market re-testing certain levels on the lower side, because they in most cases will break, which we saw with $5700-$5800.

Not sure what to think about what's currently going on with how poor the volumes are. We are literally a 1-2k BTC dump away from dipping below the averages you were talking about.....

At some point all weak hands will be flushed out ... at some point buyers will step in and overpower sellers ... Nobody knows where is that point...
On many occasions 200 week MA or 50 month MA were that point. Will this time be the same, I don't know. In fact I don't think so, but I believe it could be a short term bottom, small rally up and than final capitulation... But as I said, this is literally billion dollar question :D

I agree with you, that we can be either at the bottom already or nearing it. As most speculate, it could be likely that we will keep crushing and maybe start recovery in Q1 of 2019.

we broke the support of 3500$ and touched 3220$(on binance) We should see a slight bounce back from here but I feel this is not yet the bottom and we may go lower in the 2500$ range.
scenario B of op is what I believe we will not see and if we see that then prepare yourself for a longgg bear market.

So sad because until now the value of the coins still very low. For sure the market will up and we cannot see this bottom if they stop selling bitcoins. That is the number one reason behind of dumping market. I hope the bottom price of the bitcoin is 3000 dollars only and not to decrease more.

The target value for bitcoin price bottom dumped is 3000k usd  this bottom for my own opinion reach before end of the year and people expecting price increase for the first month of 2019.

now the market has reached a price of $ 3200 and hopefully this is the basis of this year's price, after that I hope crypto will skyrocket to break the highest price of 2017 or higher

This really proves out that theres no technical analysis can able to predict precisely on where prices would go.It can break out anytime and we have seen
lots of instances on how btc did able to break traders or investors expectations.The price is tanking on 3300-3400 price but tendency of going below 3k would be
there so pointing out or defining bottom isnt guaranteed anytime.

bears are pushing price downwards strongly i will wait until price shows major correction as many said 6000$ will be the bottom but still price fell very quickly to 3500 level , very dangerous to believe that this is the bottom 

Bitcoin has died too many times and it make a comeback after many months after it hits the ground. The bears are really push bitcoin down and I think they will start the year with this price range. We can wait for the correction that will happen soon I hope.

still there is no signs of bulls price is falling like waterfall what will be the bottom

Wow, the possibility of your prediction will be true and hopefully we will be at the lowest point, which is at (A), but if the lowest point is in (B) I think it's very bad if we have to wait longer to recover, if the market will recover only in in the near future I don't think it will be a problem because in my opinion it is only natural to go through the down trend phase to high increase.

This time also proves that bitcoin has no season if people will really give a damn on bitcoin it should be above $10000 or even higher now. Since bitcoin is decentralized and democratic currency, its value will depend on its user on how it moves to the market. Increasing and decreasing of its price is hard to predict each and every time because of the so called volatility.

People are not taking this one really seriously because the drawing is so funny it looks like a child drew it. It really doesn't make any sense compared to all other official looking professional charts. On the other hand, it had one thing right, price will keep going down.

We already have one eliminated but considering all options are there it will take some time before we know all of them are wrong. And I can guarantee all of them will be wrong, this is bitcoin and it can do anything so there is of course a chance that its true but honestly look at those swiggles, looks like a third grader was estimating how many french fries he could eat. I think the hope we have is C but we are looking more and more like B as well however even if we reach to B levels one day, it doesn't mean we can't go back to C levels afterwards neither.

We know everywhere have rules. But sometimes I feel Bitcoin have own hidden rules which are only Bitcoin knows that. Sounds crazy, Huh! Yes, really I feel that. However, maybe Bitcoin would survive the continuation in January also.

I fear the analysis takes little notice of upcoming events. Namely, the ETF, Bakkt etc

Looking at the topic starter chart it seems a is already over and we are on the secnario B considering Christmas season is getting closer expect more profit taking for the long holiday party. And may I see after this all year round bearish season scenario C may yet to come just hold on and be patient.

I would not be surprised neither will it be anything new in this space, if Bakkt gets to keep the postponement in place further even by next year. One thing I am seeing here though is the possibilities of getting to see a long term consolidation after we hit the bottom before the start of a new trend, but of course, that is something time will only have to tell us as time goes on, which for now, we will just have to keep our arms crossed and wait to see what the future holds.

We have seen $3300 and still, hope we have not yet seen the bottom and we may still see the market breaking the $3000 level because I am hoping that the bottom will be around $2-$2500 before we can actually see the price reversal that we are expecting. This may happen within the first quarter of 2019 when the ETC of Brkkt will be  effective.

how do you know the bottom price is in $3k? some time ago many people believed that the bottom price was at $6k because prices
did not fall more than that in a few weeks, but in fact the price fell?

Will it go on top again? Because I think it reach the bottom in this month and it may never go more down because there are more support in the market. I prove it because of the stability in the current price of bitcoin and ethereum. Well, it could move down but I do jot expect to have more drop in the next week because its clearly indicated at the chart that price will bounce again in 2019.

Crypto have build already a strong support from the community and I believe that it won't die easily.  We don't need to worry so much for this long long dips cause that is the nature of crypto.  Crypto isn't fully develop and it is very often for many changes along its maturity,  we must have to accept it.

Most investors give up too soon, the number of times that bitcoin has been declared dead are too high to count, this is just temporal, I know that doesn't make holding your coins any easier when you are seeing that their value is going down almost every day but if you really want to avoid those losses we have no other option but to hold our coins and wait for the market to finally recover.

Yes, hopefully not to hit the level of $2k again so we can easily bounce back. Many good speculation for next year but still there is no guarantee on that so better to keep on the sideways. Cryptocurrency will start to recover soon, i believe on this one and for sure we can hit a more higher price easily.

So much things to improve in cryptomarket and for sure we will continue to grow in the coming years. A lot of supporters for cryptocurrency that keeps on developing new technology for our future, so we will recover in time.

It's possible bottom prediction 3000$ drops will become reach
But if the price will not reach in this end of the year
I think that's the sign of good stable grow up price increase of bitcoin and the bearsh market end

Well, every thing could happen. Thanks to you that who has made it describe-able. Actually, whatever the scenario that people speculate, no one can make sure and guarantee about the flow and the moving price of bitcoin. It fluctuates unpredictably. So, I think keep positive and patient is the effective way in facing this red situation.

I hope this price is bottom and not  Decrease very low. Because it can cause dumping more the value of the coin again for sure. Because we know once the coins decrease they have a lot of people who are panic. This price is enough for the bottom.

It's very hard to predict what's gonna be its bottom. But I'm looking for long term, not for short-term. I still believe that the market will be bullish before the year end. That's if the market behaves stable. I see billion of dollars has been pulled earlier causing Bitcoin drop huge amount. Some analyst predicted that it could possibly drop up to $2500 bottom. Anyways, it's still the people who decide to buy or not. I don't really care about them. Just don't panic. Thank me later.

i think the bottom must be $300

We agree about the bottom but not with oversold, those thing are one but running in different track. Down trend is end but mostly it will continue with sideways, that moment meaning is to find buyer/ seller needed with crypto. Sideways is very hard to understand but for safety leave for now is good option.

yes, in my opinion, it's also possible that the price of bitcoin will drop to $2,000. I don't recommend holding long time coins now because the market is still a bearish

It actually depends on how you want to see the drawing, but for someone that understands the major support and what the OP is trying to pass across, I would say that the drawing says it all. The truth is as a trader, you just have to anticipate the possibilities of what could happen. At this stage, a lot of people expect the bottom to be $3k, we might see a move up from there, and a possible test of the last support as resistance and back down, but a break below the $3k, the next support is in the $1k+ range, take it or leave it. I do not care though, it is the market, so one way or the other, we just have to trade to our advantage.

Yes, my prediction is also the same as you as I see the price still getting down although not too much. And if there is more panicking from the traders because the price is on the downtrend, then the rate can get down too deep and even it's possible to drop to less than $2k. Me and my friends discussing the bitcoin price bottom and we decide not to take a serious and it's better to follow wherever the price wants to go and keep trying to make a profit although it's not easy.

I think we still haven't reach the bottom yet,no one could ever tell the future.Theres still a long way to run i just think that zero is the bottom,when it has no value at all.This just depends on different peples opinion and perspective on how they look at on cryptocurrencies movements.

The cryptocurrency market is always hard to predict so it doesn't matter who predicted it, they were all the same, no one guesses it right. So, for now we just have to HODL as long as we can so that we can't lose too much of our investment. The market is always being decided with the people who do trade everyday it is just a matter of supply and demand.

I think we are still away from the bottom line! Bitcoin price may go under 3K USD! By following your prediction and the charts, we are now in scenario A, and there is no good sign to move forward fastly! So, I think bitcoin price will go under 3K USD and then it can start pumping too! We don't know what will happen exactly, only negative predictions are being real and all of the positive hopes are sinking! But still, I hope the good day will come with the new year.

I believe there is high probability we will soon drop down to 50 month moving avg, we will brake it, but just for short time, and we will form a nice reversal candle...
This means price can go down to 2800 or even lower, but will probably not close below 3000 on a weekly timeframe. Bitcoins chart has never in history closed below 50 month moving avg ... If we close below, than I am afraid 1300 is on horison...

Too many of you constanly mention that my predictions are wrong, because many people predicted this and that and they were all wrong... Let me tell you that I don't know where the price will go, and neither does anybody else...

I believe now we are either in B or C ...
We haven't seen capitulation yet, which makes me think we are in B ...
Price already dropped over 80% for BTC, total market cap is undervalued for around  60%, in last bear market fiat lows were at first serious undervaluation... this makes me think we are in C ...
I absolutely don't believe we will see any significant increase of price in 2019... by significant I mean BTC above 10k

We will see...

I suppose that we will not see any significant pumping Bitcoin in the foreseeable future. If the BTC price is high, mining pools which are mostly located in China gain big profits. Since Bitcoin ETF was rejected by the US SEC, now major holders do not want to feed miners, so they sell a huge amount of their coins on crypto exchange markets.

Assume $3000 is a bottom. Every day Bitcoin miners create about 1800 new BTC coins. To stabilize the BTC price, demand must exceed supply by (1800 * 3000 = 5,4 million) USD each day. It seems that large investors do not want to buy Bitcoin, because they want to reduce the mining rewards valued in fiat money.

So far,  scenario # 2 come true.. To date, this is a more likely development, because good news even for a market rebound of 5000-5500 dollars is not expected - we continue to peak down and stop it can only good news and the implementation of the plans Bakkt and SEC

Which wouldn't happen until next year lol. We may yet have seen the bottom for this year it seems. One thing that keeps me up is that whales may just decide that this is enough and start to move the market to a better direction.

We have reached new lows yesterday, and the day before... I just don't think this was the leg down I was talking about, it was not enough... I still think short drop below 3000 will set us up for rebound to 5k levels...
If we are not able to hold 3k than I am looking for capitulation which might bring us close to 1300, and it would probably be the fiat low...


*** in fact there is a possibility that this dip down to 3123$ was short term low... there are so many people who are waiting to buy at 3k, that some might be thinking to buy a bit higher than 3k just to make sure you get it...  In this scenario I would say volumes are missing, but you never know... So if you are thinking to buy at 3k maybe it would be smart to buy some a bit higher (just to be sure), think about it. It is not much different 3200 or 3000 ...

I hope you will not consider this as a start of another drop in Bitcoin prices but if there is another FUD then that strong support may start another dip again. We're here in an almost a year bearish market. Another record may be written in the history again of Bitcoin journal.

As much as I want this to be the bottom, it easily might not be. I'm not saying whether or not it is or isn't (I hope it is), but in 2011 Btc fell from $42 to $2, which is a 95% decline. Bitcoin is currently down 83%, so it has a long way further to fall to be considered the worst crash ever. If Bitcoin is destined to go down that much again, then we might see Bitcoin under 1k.. I hope not, and history alone isn't a great thing to base a market on, but it could happen...

We called "the bottom" different periods. Some people were sure that $4000 for Bitcoin is the smallest sum, while the others foresaw the next crypto fall and BTC for 3 thousand. Let us see what can happen to the market next year.

We will start growing this year, whales will help us manipulate the price so it will create a little bull run.
just like the previous, dec2017 and Jan2017 is a good period for crypto and that happens in a short time only, so it's really possible to have a little run.

How sure are you about this? Maybe it will even go below the $3150, I’m thinking the price might still drop to around 2k or so. The price has been quite unpredictable this time around, so we don’t really know what follows next. Yesterday the price was $3150 which was a drop of about 5% or so, and today is already up by 3.3%, around 3,300.

The price has already gone up, but we are still waiting for a much larger increase in the entire market capitalization, more and more news about the use of digitization technology, it's a matter of time

I'm still skeptical, but, I've been wrong so many times in the past, that who knows what we are in for. I previously wrote off 2018, and figured the bear market would last until next year (and possibly the year after).

Guess we will see how the next few days go though.

People have been saying that "X" price point is going to be the bottom all year. Lets get real. 2017 was a bubble where the market was built on hype. People got excited about the soaring price and how quickly they were seeing their portfolios increase. Then January rolled around and every snapped back to their senses and realized that crypto is worthless if the only things you can buy with it are drugs online or the occasional Starbucks coffee.

Here we go... Did I just literally give you the perfect entry poin a day before rally started?


Now sit back and relax :)


Options B and C both still seem valid...

We can only discuss here all of these options, man. In reality, we cannot change anything. The market can fall or go up at any moment. 2018 has become the most unpredictable year for the cryptocurrencies.

As you mentioned the unpredictable, it is true that it is really hard to predict what will happen to the next movement of every coin. The thing that we can only do is to follow that market and adjust our current strategy to fit in the new situation. 

I guess with the little improvements we've been having,the bottom isn't actually in,at least just yet, it's been a terrible year with the bitcoin flooring most supposed experts and their factless predictions,further proof that we have no grip on the market movements or what's gonna happen next

Exactly, just in the last 24 hours, bitcoin recorded another spike to $4200, I thought that its a big psychological barrier but it was broken anyways. But let's not get comfortable as anytime the market can succumb to any negative news although what we have witnessed its very promising and hope that the bear cycle is finally over.

Nice chart forecast. your scenarios seems accurate to what the market currently happen and hopefully the 3k Bottom would be the final bottom before the bullish market came in. strong buying of bitcoin are currently experiencing in the market this may be a good sign that we can end this year even at 5-6K4 level.

that's right, there are some charts that can't be expected, but in my opinion the bottom has happened because at this time bitcoin has broken the first resistance line

It seems like we are in a wave up to 5-6k$ for BTC at the moment... Bigger alts like ETH, XRP, BCH have already increased in price alot, BTC seem to be a step behind, but I still see it at at least 5k, which would kind of confirm my prediction...
I don't see much chance for 6k to be broken on the upside, maybe just for a short spike above, and close down below, this would be nice reversal candle and would probably mean more weakness and selling...
I am still 80% convinced that bear market is far from over, and I expect retest of previous lows, there is also possibility of breaking those lows, and the possibility is not that low actually.
The only bigger crypto that in my opinion might have already reached fiat low and might not retest it is BCH, at around 73$ ... the reason for that is that drop was extreme, from above 4200 in Dec2017/Jan2018 down to 73$ = 98,3% drop. From November 7th 2018 till December 15th 2018 it dropped from 639$ to 73$, due to bear maker of course but especially due to fork and hash war... After this hash war is resolved, probably already is, I just don't see BCH that weak again...

If you are interested to play those short/med term swings than start preparing yourself to sell your cryptos, cuz we are not far from another crash... Just think about it...
If you are long term investor than just hodl and forget about crypto for a year or two....

B and C options both still seem valid...

I wouldn't dare to overlook history, as pointed out by others in this thread, Bitcoin has dropped 90% and even 95% from ATH before recovery. It barely touched 3k this time around, so it was only 85% drop, so we shouldn't be surprised if it doesn't drop even further.

Not saying history is sure to repeat, but if we believe another ATH is coming, then we must believe the super low is also coming.

Too soon to call the bottom I believe.

No one can really said this is were the bottom is as this market is highly unpredictable and one cannot really said the current price is the bottom as the saying bottom has not been holding for several times.  Last February many speculators were saying the bottom is at $10,000 and in March we see a good drop that push bitcoin to around $8750! In September and October when bitcoin was stable for sometimes many people said $6000 was the bottom and this has also failed.  I think something significant has to happen before we can said this is the bottom and that thing may not happen this year again.

The price does not really have too much room to keep going down, if the price keeps going down then we are going to reach prices before bitcoin even activated segwit and that doesn't seem possible to me because thanks to segwit bitcoin has improved considerably and it is a better coin because of it so it doesn't make a lot of sense to see prices lower than that.

That's the logic I arrive as well.
Price already at dip now based on my analysis so I am aggressive with buying the coins and tokens I like to keep.
No one can predict when is the bull run will start but with these price on the floor, it's hard to resist as we can easily make profit for short trade.

And it looks like the price is steady above $3500 now up to the end of the year so I doubt that we will see a new bottom. But if the price goes below $3K then I doubt that it will stay on that levels for so long because that's another perfect time to accumulate so I wouldn't be scared when I see the price like that. I'm sure that everyone will start to pick up a lot of bitcoins that time that will ultimately cause the price to spike easily.

I think that once we break 3000 we will go significantly lower... 2500 or even 2000$.

Once price breaks 3000 there will be again alot of fear... so most people will be looking to sell, not to buy. The only people who are interested to buy once fear comes to the market are people with good technical and fundamental background, and they will position their buy orders at significant strategic price levels, and those might go down as far as 1300...

The distortions in the market could always make the price to go that low but if it does that price will not last long, this is why I am positive about the future of bitcoin since it is very likely the only direction the price can take from now on is up but this is not something that can be noticed that easily now but in 6 months that trajectory should be obvious.

Obviously, it can even go as low as $1500 as others have predicted.


It's just part of the market and we have seen that bitcoin is very volatile that's why you need to be very careful here. FUD will be around so just learn how to trade and take advantage of every situation wherein you can buy cheap bitcoins and either short it or hold for long term.

A is probably hold true for the current cryptocurrency market situation.  I believe we may be seeing market bounce from this point and gradually return the B region.  The resistance is around $3200. In the short term,  Bitcoin might ride to B

I don't expect any bounce from this levels because there are no buying power in market. Energy is drained with last downtrend and sustainability of current price will hold itself more likely.

I hope you're wrong, the market movement right now is clearly showing that there is no buying power.

However, that cannot be permanent, there are big improvement that will happen in the long run, there will be a little movement for now but we are really due for big bounce. Last year was really once of the worst in the market but even if crypto are down over 50%, it has still survive and development were improving because people are still willing to adopt, most of them are not here for the price, but they're here for the tech.

Of course it's not permanent. Though for the short term it seems that the start of this year will just be a continuation of 2018 unless something major happens. And i'm not talking about etf approvals. For now i'd prefer playing with smaller alts until btc makes a move.

I also believe the same thing, but I just read some analysis recently and one of them was saying that once Bitcoin breaks $4k level, it will get to $5.5k and a lot of weak hands will sell then seeing that the price has gotten to that extent, and that will cause the price to drop again. And I have once seen some analysis that says the price will go down to $2.5k before the bull run, but I don’t really want that to happen.

I haven’t seen any analysis that says price will go down to $1500. Majority of them predicts good for the market in the next coming months, just a few of them has claimed that price might drop to $2,500 but that was last year when people were still debating if price will go below $3000 or not. The price has managed to break free from that level and is now fighting hard to retain itself at $4000.

It is not permanent but that does not mean there are no coins moving independently and giving great profits so for now, do not look for a great movement in the whole market, look for specific coins and once you do that you will see many coins giving good profits even now, but to find those opportunities you will need to look outside the top 10 coins in the market.

Nice graphic and observations but bottom is still on track until now,there are possibilities that we will going down more below $3k since struggling to reach even $5k now is so much harder,but theres alot of Maybe’s speculating now so i may just wait since i have already bought from almost $3k value

This is the most accurate analysis of the market that I have seeing over time.  What op said really was the market conditions and of a truth we are not going to have much better explanation than this one that has come to pass if we are not ready to dig deep into technical analysis.

We will become rich people if we can predict the future and know the top and the bottomed price of Bitcoin. So no body know that, but we can only make analysis and use risk management if the analysis wrong. According to history price of Bitcoin, in my analysis because the price of Bitcoin already down more than 80%, current price is already in the support and will keep going up soon or later, and to minimize the risk from wrong analysis we should be use stop loss.

Yes, so far the chart created is true, but if we believe in the chart then we will at least know that bullish will not happen this year or it will probably happen at the end of the year if we look at the analysis. So it's very possible for us to approach $6k, maybe that will happen between May if the analysis doesn't slip later.

Exactly.Since nobody can tell us here exactly what will be the next price movement,so i think it would be better not to be bothered by the price but make this moment valuable by starting to buy coins that are of great potentials.But even if we see the price still declining after a couple of days,we should still keep positive.I know in the perfect time the price will surely be back to skyrocket again.

I think this is not yet the bottom. What will follow is even more catastrophic than people realize.

Keep your faith, loan some money and wait for February to buy all you can.

After that, just have the patience to wait and sell when you find the best chance for it.

You could be right or wrong but it does not matter, price now is already very low and it wouldn't affect much if it goes lower.

Faith is always here but I'll never borrow money and put it in risk, you never know when the value will rise, but your loan has a specific repayment period.
It's a bad idea because the market is unpredictable, you might end up into a big trouble.

You can't be patient when you loan money to invest, that's the fact.

But I'm afraid if it will continue longer it will affect the morale of the holders, you know when you are holding and you didn't see what you are expecting, it's not gonna bring excitement within. We just need to be patient all the time, never expect things will recover fast because sometimes it does not work that way. One thing that I believe will happen is that people will gonna be buying again once there is a big hype that will come.

It's really gonna be a mental test for everyone. I'm sure that majority have been battle tested already for almost 2 years now so I don't expect them to simply sell off at todays price even if there's a negative news. The hype will sure come in but again patience is the key here, we need to wait a bit further before we can see some sort of reversals.

In my prediction the price of Bitcoin will stay between $3100-$$4500 in Q1 and then in Q2 will going up to $6000 and after that in Q3 the price will try to go higher and possible to the highest price $19k. No body can predict it but i believe Bitcoin already oversold and in the bottomed.

Loan from friends/family with no interest repayment was what I meant.

Each prediction from all expert can be wrong so before follow them is better make review and analysis again, is very difficult to predict the future so we should be have risk management after buy any crypto. Use stop loss and trailling stop will help to minimize the risk from wrong trade.

They cannot be trusted as most experts in the space are not really expert in real life.
Selling their call or prediction only give them an easy way to make money at our expense of course, I have not tried availing any service
of expert's call as all the feedback I read is not favorable to them.

According to technical analysis, in my opinion crypto already oversold and currently make momentum to go higher. Many of altcoin was going up to 100% -400% and this is can become trigger for bull market because others crypto will follow it.

Why call them an expert if they arent really an expert ?   They have more experience in different field compare to a normal individuals  . there is nothing wrong on believing in experts as long as you know that they are not fake .  they can give high accurate informations or prediction in regards to the crypto market but dont fully depend on them at all times because they are still a human , they are not perfect  .

After 4 months of posting this,bottoming is still happening these days so what would ee expect?

We are still far from reality and we will be seeing another bottoming in the following days

Hope it will happen this year and

So what is the reliable?the technical analysis or your opinion?lol it seems like contradicting words

But are you serious?100-400%? Be truthful mate don’t over expecting because this will lead you to failure

There will be nothing perfect, including when an expert predicts crypto price movements. I think it's better to do the analysis yourself, we can learn various situations and circumstances and then make decisions. I think it will be much better because we fully control the decisions we make.

Right, it's better if you try to learn how to do analysis instead of just relying to those so called experts. The only advantage they have is that they learn how to read graphs, lol, but at the end of the day they are just like you and me, just making own assumptions and predictions.

Well, we all know the bear market cannot keep on going forever.

And we all know all markets get some kind of major bounce or retracement at some point in time.

So basically there is a 90% chance Bitcoin will rally back to $6,000 level in the future. When? Nobody knows for sure.

But today is midst of march already but nothing good happen,so it is a failure advice?Lets not give misleading advices mate because investors are done with mistakes .if they had loan that moment for sure the interest is more higher by today since its two months had already passed

The scenarios are very interesting and most likely each of them has the right to exist, now more and more large corporations are concluding agreements with top cryptocurrencies or introducing blockchain technology, so the growth of capitalization is only a matter of time

Yep only a matter of time pandora's box has been opened.

I guess most of us here agrees that the bottom was in already, except those who are bearish of course as their happiness is when the market continues to sink. In my analysis, the entire market headed by bitcoin has already had significant loses due to a long and big correction.
We should end this dilemma, let's continue to support and stay optimistic that the recovery will continue.

I also think that the scenario "A" is the most likely. For some reason I also think that we will have to wait at least 6 months for the bull market. It is possible that we will witness a long flat. Option "C" by the way is quite likely too. Long waiting times and low liquidity at a low price can make people sell their bitcoins and exit the market. People may simply lose patience and hope that the market recovery. Although, of course, it is more profitable for large players to gain a position at lower price levels, but with large volumes of purchases this will be very difficult.

There shouldn't be any panic because good news has been feeding in, in recent time and we should wait to see more positive movement in few months time. Many governments has been working on the implementation of the blockchain technology on on country economy, which when done a new phase of cryptocurrency will be observe and the Bottom issues will be a thing of the past.

No, it cannot. However, it can last for 2 years and even more. Nevertheless, I do hope that this "bottom" period has ended. Those guys, who did not sell cryptocurrencies have to wait for the market rise just a little bit more.

I personally believe C is more probable. the market still has a lot of grey areas to cover and a lot of panic attacks to overcome. fundamentally, we are 1 year away from the bottom. the bottom will come when there is a triad of real world-value of projects, bitcoin block reward halving, and exponential adoption. For all these to happen together, it will take some time. but it definitely will happen.

It depends on what qualifies them to be an expert, is it by self-acclaimed title or can the title really be justified by their activities or backed by certificate. I do not think none of the information will be available regarding this.

We have lots of people that claim they are expert but ended up misleading those who are looking up to them, I am not saying we don’t have experts but I can only believe in experts I am seeing and personally tested the work and not all these ones creating fake news and calling themselves experts and has not added any positive development to the market.

I am really tired of those who derive happiness in crashing the price of bitcoin, were they thinking they could take back the hands of time to when BTC was 1 usd and accumulate thousands of it, nah, it is impossible now, they just have to blend with the current market and start acquiring whatever they can with this price.

Sometimes, their bad news contributes negatively to why the Bitcoin has not increased more than it should but we are stronger than them and every investor will stay strong and will keep spreading good news about Bitcoin till we see it hit the moon and all of us will be happy again with our investments.

Those type of shallow thinkers must be sick in the head to think bitcoin price sink so low and start rubbing shoulder with these smaller coins.

It is already too late, investors needs to start accumulating coins now according to their capacity because it is very obvious and glaring that the market has already bottom, so anything we will be seeing now will definitely be rise in prices, it doesn’t mean that there won’t be market fluctuation along the line though but for now, it will be between the range it is now and the next range. $4000 is not really a bad price to buy now because in the next few months, I am sure the price will double.

One thing you can never do about bears is their mentality and it's the same way when the bulls are having their run. Personally, I'm also of the same view as the OP. This could be our bottom and I'll be happy one day to see people referring back to this post and wishing they had buy when they saw this. I'd really be glad.
In fact, the market has bled already so why do people still wish fir a further drop lol.

The current market shows that we have left the scinero B and we are on the trend of moving to the C level which I believe so many will agree with my point. And how ever is yet to join the train should do so before is too late.

I think crypto charts are not workout in this year, because last year also everyone expecting it will going to moon on after the first quadrant of 2018. But reality it will change oppositely so I believe Bitcoin have huge potential to increase in this year, But this prediction is little hard to agree in crypto market.

As I think also, referring into its fluctuation it looks like it won't drop to $3,500 and below but it could be sad since we can't even move far from $4k. It came into our mind that the market have lessen already its volatility rate and it something whales never have some hypes to play with the new comers to be fooled. Make this way a big changes of crypto trend.

As long it is stable, i think already good because no hype that come yet excep halving that will come in future. Bitcoin news sometime not really help and a lot of hacked exchanges that always publicated.

As of now, it's more likely doing the 2014-2016 bear market. I'm still waiting for the huge dump (if that not happens, more sideways will come until 2020). The chart in the OP is super look-a-like of 2014 chart when the bottom was found and start the bull run in 2016. As long as we still staying above 200 EMA, I'm not comfortable or not buying it. Always stay safe everyone.

I wouldn't compare the market now to the past, sometimes that price history may not be accurate as a tool to use to predict the future.
I have a feeling that the bull run is just around the corner, and that we have already bottomed, and with that, I believe any time soon, BTC will break resistance.

Halving is still a long time to come dude, prices can still be influenced by many aspects, and of course prices can fall anytime if certain conditions happen. even though I don't want it, but we all need to be prepared. moreover the market is still stable and there is not much movement.

Huge dump already happened, sideways yes, but we will not see one more huge dump. I think we can compare this market now from the market in the past, cycles are normal thing, it`s happening in crypto too. If you take a look on charts from before and from now you can notice that they are very similar, numbers are different, we had price 400 dollars 3 years ago, now we have 4000 dollars, price struggled to get to 1000 dollars now we are waiting 10000. In percents it`s almost the same, but in dollars this markets worth much more now than before, that`s the biggest difference, the rest is pretty much the same.

well, I suppose A scenario could be reasonable, it could be a support level though

Yes, the history will be our guide to predicting what will happen in the next months and from the history, we can learn so many things including how the coin movements so we analyze deeply related to the situations. I hope that we are already seen the bottom in the middle of the last year because now, all of the prices have a good moving at the market, and I think soon, and we will see the bull market comes.

bull run may not occur if there is no good news and no one buys bitcoin anymore because we know the bitcoin price movements depend on investors and whales who have a lot of money to buy bitcoin and make the price of bitcoin back up.

Yeah now market is down and no good news about crypto, but now you could see bitcoin price cross $4074 after a long time. So it is good sign but still the darkness is here, it takes time, we can't do anything only patience and wait for market rising. Hopefully in the mid of 2019 we will see any changing.   

I don't think it will happen according to your A scenario. Clearly, the BTC price is still growing slowly over time and now it has reached $ 4,000. in the future, it will continue to increase.
The price of BTC at $ 3100 is the lowest and it cannot go down any further.

That is the A scenario that happened that I remember so far where the lowest price at that time until its achievement so far still goes up and down in the range of $4k and it looks like reaching $8k takes longer if we look at the chart. So, it is a good analysis because the current market movements in my opinion are still possible recovery phase until the end of the year.

it was at stage C. it seems it has burned the stage and this is quite amazing. I am glad that the price of the BTC has not decreased by over $ 3,000 and it still retains its own value. This is a grace for me.
I want to hold it until its price is $ 5000. This will happen soon as the good news gets more and more. ;D

I don't think this time will equal the last crash.  Bitcoin is much more known and more people want to get in.  I doubt we will see anything far below 4k ever again.  This will be one of the last times you can get rich off crypto with very little effort. 

Today bitcoin is gaining and we are seeing some positive movements in the pricing.  It seems the bearish trend that started in December 2017 ended in December 2018! The right thing to do is to began buying as time will come that it will be too expensive to buy bitcoin.

The Crypto field has lots of faces in it so we are seeing one side only for making a conclusion in this so if we want to sell it more properly we need to wait for sometimes to get a good profit otherwise I will not been successful in this time because when the right face will come only we can made a good decision.

it's true and we have to think about how we can benefit from a market like this. to compare the market last year to the present year there are no objects while we cannot get results when market conditions like this

We have already experienced the major dump and I don’t really think there will be any form of dumping again, although the market cannot be predicted, but with the technical/fundamental analysis and so many positive development concerning projects accepting to work with the system.

I really think we will start experiencing upward movement of prices now and majority of the whales that would have made the dumping happen has already accumulated enough and I don’t think them dumping again at this price until they see a major increase in the price of Bitcoin. So, you better buy now before you end up getting stock with FOMO.

Traders can never have a uniform impression on the market movement, some would think Bottom is in, while others would say more dip to come.
Also, the same with our target, we want to see the price increase, but some wants bigger price before they sell so they can get better profit, and since we are not in control of the market, it could happen that the price will not reach our target and it will dump, then build again to rise.

Yeah it's more of a person's own point of view and if you study the market and observe the charts, you'll have an opinion of your own with your personal basis. Personally i side with those saying that we've already bottomed out. But i don't expect ad well any kind of bull runs to happen anytime soon. As we all can observe right now, the market is quite stable with a very slight incline upwards. This current trend already works for me.

So we have come to test 5500 - 6000$ region, like I predicted, it is just 2 months later. Even though there is a lot of positive sentiment right now, I don't believe we will break 6k levels in this first attempt. Probably too much positive sentiment is a bad sign.
Regarding A, B, C scenarios, I lean towards C. I think bottom is in, but we might form a double bottom, or at least come down to test 4k levels with BTC again.