Bitcoin Forum

Hi guys,
Did we hit the bottom already? What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.
What is your next move?
Are we in already in the next bull run?
According to my experience in a bull run, Bitcoin and other big cap coins will increase such as Bitcoin and Ether and at the moment Bitcoin Cash like it or not and a bit later ETC and other similar ones and later the smaller ones such as Yggdrash etc.

Regards

Daniel

Most likely not cause the market is being manipulated look at the volume trading even if the price is in an uptrend the volume is short. Now why is that ? cause exchanges are producing what we call fake volumes you can see this is coinmarketcap or blockchaintransparencyinstitution. It is most likely a momentarily bull run we might see a downtrend or correction soon

I really think so and hopefully that's already the bottom for this year.

It's time to be more patient and just watch the market on where it is going to land. I don't really have any plan at all but to remain on holding position until everything goes perfect again.

Not yet.

Bitcoin do affects the market and alts are going up too when it goes up.

I hear that word "bottom" since the price was 6000 $ and I have not yet seen someone say that we have reached the bottom, so relax because finding the  bottom has become an mission Impossible


I do not know about the bottom, but about this: "  we are flying "

I only have to say that we are not flying, we reach $ 20,000 and today we are in the $4000, I do not see why we would say that we are flying


you should pray that the price will not fall and remain at least at the level of $6000 to $7000 which at least is a more comfortable zone


Oh and you must forget that word: " bull run "

We are gonna hit that bottom line in january, after that we will raise up to $10k

For now I'm not sure bitcoin will touch the bottom line until January, because now we can see the green market and bitcoin have risen 9.43%, so this is a possible bull run and it looks like the prediction will be $6k+ at the end of the year. hope this increase will continue.

honestly i see Bitcoin cash hitting the 300 price mark. the bull run is like a surge. the market looks interesting.

Well, when we were at 12000 in April I was predicting 5900 by late June what have happened. Also I have predicted Bitcoin crash when we were at 6200 and around 6000 for a long time. However the Bitcoin Crash happened 5 weeks later than my date , mine was like around 7th of October.
I was surprise about the 3130 but I think we cannot go lower than that. Of course we can but we won't go lower. Yeah we might have another dip to 3500 but I don't think you can have Bitcoin for 2800 ever. Some nice guy was spreading that the bottom will be around 800. Really?:) I would bet it won't be 890 never. They would lose that bet I am pretty sure. 99.99%. Of course Morgan Stanley, and Jp Morgan want Bitcoin for 800.
Guess what, they won't get that. It won't happen. Dow Jones and all the big stocks are down too and Bitcoin and everything else is flying;)
We were in a bear market until last Sunday, but this week we have entered already into the bull market.

you should pray that the price will not fall and remain at least at the level of $6000 to $7000 which at least is a more comfortable zone

Well If we hit already 7000$ that would be a huge difference compare to the prices today:)

Well when I have invested last time when Ether was around 82$ Bitcoin cash was not available on my exchange. Temporarily. I was thinking to buy into that one;)
So I am not here to shill Bitcoin Cash, but its run is pretty impressive. I know that Roger Ver is pretty unpopular amongst many of us however I do like him. Maybe I might buy into it if I can grab some at a reasonable price level. I hope in a dip, but I honestly think we have reached already the bottom and we won't see again 2800 Bitcoin or even 3100 or 80$ for Bitcoin cash.
Obviously I need more fiat and then I will invest more for sure. Especially into my main holdings which is YGGDRASH since its price is at $0.000439 which is mega cheap.

Personally I think it's sort of scary to see crypto gain double digit growth in just 1 week, especially when the entire year has just been a steady decline. I was really hoping after hitting the floor, we might see a slow trend of going down more, before again stabilizing around 3.5k (BTC) like we did for a month at around 6k.

I always feel the price shouldn't rise until everything is stable and extremely good volume trading. I'm just afraid that profit taking now means we have to wait even more for potential drops.

I think you didn't check the current value price of Bitcoin, as of now Bitcoin price was having a growth on price in the market. Before, the thing that comes up in my mind Bitcoin will continue fall at this month because there are a lot of rumors that it will hit 2.5k dollars but now I saw the progress on the price. Still, unpredictable, so, the thing that only can tell is time. And hopefully, this market price now will not be dragged down again.

I don't get what are you talking about? You are waiting for 2500? Happy waiting. It has already dropped from 20000 to 3130. Is that not a drop? Of course it is increasing very fast since it has reached its bottom. Now we are at 4065 $ and 217$ for Bitcoin cash. Obviously I won't invest today, I wait couple of days and also I need to get a big jackpot. £10K profit or more so I can invest more into crypto. Crypto is really more dangerous and risky, than casino. Much riskier. I earn in casinos usually...

Also Yggdrash is more than 14% down since my last entry so I can accumulate more at a very cheap price point.
If I want to buy Ether because of the hard fork where shall I store my Ether for the extra Ether? MEW would be good?

We still not hit the bottom,  but i know that we did hit the bottom of bitcoin this year, next year will be a new chapter. As of the moment we must enjoy what we are seeing now in the market.

So then what would be your bottom bet then? You expect an ETF refusal and that might trigger the true bottom?

now that you said it: " Some nice guy was spreading that the bottom will be around 800. "

many news channels increased the panic

according to that site, would drop to $1000


https://ethereumworldnews.com/bitcoin-btc-price-analysis-sellers-aiming-for-3100

 I was already convinced that the price would fall to  $1500

It happens every year so the price never remain the same, if this year price ended at lowest so it does not mean that it will remain low forever. Bitcoin had anonymous nature that no one can make perfect prediction about the price of bitcoin. I think it is not the bottom bitcoin has deep bottom but it rises high within months so nothing can say in this regard.

now that you said it: " Some nice guy was spreading that the bottom will be around 800. "

many news channels increased the panic

according to that site, would drop to $1000


https://ethereumworldnews.com/bitcoin-btc-price-analysis-sellers-aiming-for-3100

 I was already convinced that the price would fall to  $1500

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So you think at least 1500$ must be the bottom and that would be already an optimistic scenario?
I doubt. I don't think we will see Bitcoin again that low. Maybe with an ETF refusal maybe we see deeper bottom. Like 3000. Otherwise we will see max 3900 and 4000 and that will be considered as a dip already.
At the moment we are at 3870. Nice dip. Am I too bullish/:) ?:) Don't think so. Soon we will see. If we really hit 1400 or 1500 I go all in, even if that is not advisable.

If going up at a smaller pace is what you call flying, every cryptocurrency would have been a bird. ;)
2950 is in the talks, and it may not be so easy this time to break it down over there, but when the volume towards the buy end (bulls) goes down or gets soaked up by bears, the bulls lose the steam and stop trying hard and wait for the next opportunity. This BTC thing - they've got nothing to do with the tech but all they need is to double - quadruple their earnings and as the leverage thing is too hot to handle but still one of its kind to multiply it, they won't let it sustain for longer and make it go down one last time before the real bull run begins.



I really hope and pray we do, and if not, be ready and wait for the bulls to lose their power. I've seen how desperate the shorts have been as whenever they've got chances, they didn't lose a second in breaking it down to 50-100 bucks in a few minutes.

We hit the bottom for the bitcoin and ethereum value and now increasing again will happen. But incase people panic again the bottom of the bitcoin and ethereum is not yet already but if people continue to buy it will up continue the price.

I hope that it is our last bottom for this year, hopefully, it will continue to increase. The price is now in the uptrend even if it is not really high at least it will still consider to the uptrend now because of a little bit increase in the price. Hoping that this continues and will continue next year.  ;D

Anything could happen without any prior indication. The entire network is functional on its own without any external market interference. Also it is manipulative, which could result in a drastic fall if large volume come united to make a large scale investment. To this they will manipulate and fluctuate the market. This fluctuations will surely create a panic and causes increased sell.

I won’t be surprised that most of you will keep asking this question until you miss out on the opportunity. This cryptocurrency is all about risk, stop waiting for the bottom and invest your money. The price is already down, so I don’t what else you’re waiting for. That’s why some of you don’t achieve anything in this. You keep waiting for the bottom and you keep missing out. Price is already going up.

Many people are doubting about this rally of bitcoins from $3200 level to $$4050 levels. FOMO might caused this rally and I checked in major exchanges but all look good. But, this rally could not be taken as a sign of trend reversal as we need more sustaining prices above $4000 levels so that price move toward $5000 and then $6500 levels.

Ive seen a lot of tweets that we already hit the bottom and be ready for the reversal that will happen anytime ,it will huge .

In my opinion, we didn't hit the bottom yet, and what happened recently is just part of the correction process of crypto from the unrealistic rally last year. I think this spike in price is just a bull trap for a deeper dip. But don't worry, bitcoin will bitcoin, posed to rise and to transform our financial economy. But if you think that bull run is fast approaching, you can play safe by buying some with half of your money and saving the other half for possible deeper dip.

Let them say what they want to say you just focus on what you think and what you want. And today if you look at price graph according to some people price is 3.9k which is not bottom price. In start price of bitcoin was only 100$ so I think now we can never go back to the bottom price because of high acceptability of bitcoin.

I would bet with anyone that we won't hit 890 for Bitcoin. At 1500 I would go all in but we won't hit even 1500 either. Max 2800 if we got ETF refusal. The people are learning, they cannot bring down the market with some weak fake news anymore I think and hope.

So then you agree with me that we won't see lower than 3130 from now on?

So where is that deeper dip ends according to you? It is always good to have some fiat for unforeseen events.

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I won’t be surprised that most of you will keep asking this question until you miss out on the opportunity. This cryptocurrency is all about risk, stop waiting for the bottom and invest your money. The price is already down, so I don’t what else you’re waiting for. That’s why some of you don’t achieve anything in this. You keep waiting for the bottom and you keep missing out. Price is already going up.


I agree , well I have already invested in a lot and previously many times at the wrong times like when we were so high. I can understand why the people are waiting and reluctant to invest. However I understand what you are saying. These times are perfect for investment into altcoins and BTC/ETH, ETC and smaller caps altcoins such as YGGDRASH and so on. There are so many good opportunities around.

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Many people are doubting about this rally of bitcoins from $3200 level to $$4050 levels. FOMO might caused this rally and I checked in major exchanges but all look good. But, this rally could not be taken as a sign of trend reversal as we need more sustaining prices above $4000 levels so that price move toward $5000 and then $6500 levels.
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I think no, it will go down further. BTC will be touching 2000$ and ETH will be touching 50$. Last days of December will be crucial for crypto market. No wonder I may go wrong and there is a bull run on 30 or 31 of December and whole market will be shocked. So let's wait and see.

It good to hope for a new glorious day of the market but we must not ignore the fact miracle just dont happen like that. However, the market will still face another dump in price when it Monday as i predicted and I believe we're yet to reach the bottom price.

You are right hoping for the best goes in our favour id we will be hopeful that if today is down in market so it is good time for us so this is time to buy. Price get a down but we are not at bottom still we have allot of space to make progress I am sure we will see it growing very soon. In this way we need to hold with patience and buy more.

50$ Ether? I would go all in at 50$ ether too!:)

It good to hope for a new glorious day of the market but we must not ignore the fact miracle just dont happen like that. However, the market will still face another dump in price when it Monday as i predicted and I believe we're yet to reach the bottom price.
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So where is your expected bottom ? 2000$?

If the bottom has not been reached (it is very possible), I think that next price drops can be expected at the beginning of next year. I've seen statements about Bitcoin falling below $2000, and Ethereum below $50, but it seems very unlikely. If the market tries to dive again, the bottom will be a little under $2800 BTC and $80 ETH

Not sure why it really matters. Lets be honest no one is going to time the bottom perfectly and if you looking to HODL then why wouldn't it matter if BTC goes down a bit more in the short term?

I wouldn't be surprised if we saw a flash crash before going up.

If the bottom has not been reached (it is very possible), I think that next price drops can be expected at the beginning of next year. I've seen statements about Bitcoin falling below $2000, and Ethereum below $50, but it seems very unlikely. If the market tries to dive again, the bottom will be a little under $2800 BTC and $80 ETH

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At least you got a more realistic expectation:)

Well if you buy Bitcoin cash at 75$ or buy at 200$ and then it goes to 4000$ well there is a huge difference in profit levels long term as well if you notice;) Same true for Bitcoin. If you buy for 2800$ or 2000 $ instead which is unlikely and you sell at 22999$ well your end profit will be very much different. :)

I don't think we already got the bottom, there's always chances that it's going to drop below 3000$, but for now the price is already recovery,in this few days the price has been moving slightly to a green zone, hopefully we don't need to hit the bottom and this could trigger the bull run

I dont know the actual final bottom price but I'm the crypto market is yet to the bottom price and if you check the current market status despite the market looking green, you'll see that the market seems to be stagna and not gaining much investor.

So we have a 50/50 chance, as always  ;D

I think it is too early to answer the question whether the bottom has been found. I think it is very likely that we are at the beginning of the last wave. I think that now the BTC price will grow to around $6k - $7k and later we will have another panic sell and effect worse than last time. In my opinion it will be bottom, but I have no idea how low the price will fall. It is possible that below $2k, or maybe even $1.5k

The bottom price might not matter to you but for those that have already set a capital aside to buy when dip, the bottom price is their chance of making huge profit when the crypto market is fully restore. However, you're right about no one can actually predict the correct bottom price of the market but the market is yet to reach the bottom price of this market.

Maybe, maybe not. But when the bull is in full swing and the price is swinging past $50k on it's march towards $100k, do you really think you will look back and regret buying at $4k rather than wait for the $2500 bottom?
Or, maybe it will dump to zero WHO. THE. FUCK. KNOWS.  ;D

I think it was not the real bottom. Unfortunately, many experts see the bottom at the level of $2k. I do not like it, but unfortunately it often happens that the market rises only after a complete fall. People are still waiting for lower prices to buy cheaper, so it may happen that their wishes come true.

I got that, however when Bitcoin hit 8k and we are still not at 2k then they might realise that their magical bottom has never occurred?
Nothing can bring down the prices at the moment only major exchange hacks, like Binance hack or ETF refusal. Everything else has been priced in, such as BAKKT delay and ETF delays and so on. No other usual weak fake news/ manipulations would work. Sorry Jp Morgan and Morgan Stanley and Goldman Sachs.
Also soon we are at 200$ ETH price, so the magical bottom lookers option is running out fast.

it seems like yesterday has reached the bottom, now the price of bitcoin has started to recover and is starting to stay away from the bottom. I hope the market conditions continue to improve  :-\

I think so, and maybe the market will start to pump again in the last week of 2018 and will go higher in early 2019. This is just my speculation and anything can happen in cryptomarket so if you want to play safe then better to study the market well and invest only on the good coins you believe will grow in the future.

I don't want the bottom line would be fall at $3000 below but if this is happen then nothing i can do and i can't avoid it but maybe seems the price will survive at $3000 range at least until end of this month however my biggest fear is when we are entering 2019 bitcoin will reach to new bottom line and i wish it's not gonna happend

It appears to be that way. The problem with the word "bottom" in economy is that you will never know if you bottomed out. You will know you did not bottomed out by prices going even lower, if something is 3100 and it goes lower to 2800 than you can say 3100 was not the bottom.

But, looking at 3100 and than not going any lower you will ask was that the bottom and will never know until it goes lower, if it doesn't its just common sense that it won't go any lower, just like we know it won't go lower than 100 dollars for example. I believe 3100 was around the place where we bottomed out but there was a lot of talks of 2800 being the bottom so I was fully expecting that to be honest, I even  sold my coins at 4200 to expect a bottom at 2800 to rebuy but it hasn't seen that.

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I think so, and maybe the market will start to pump again in the last week of 2018 and will go higher in early 2019. This is just my speculation and anything can happen in cryptomarket so if you want to play safe then better to study the market well and invest only on the good coins you believe will grow in the future.
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Indeed. I invest into coins which I believe in. Every project faces quite different challenges but in a way quite similar as well. They are fighting for the trust of the retail investors and especially for the trust of the institutional investors:)

Do we really need to hit the bottom? What if we already hit the bottom and keep asking without doing something? Instead of asking just do what you can if you want a good profit. There is nothing you can get from these people, it is only you who can help yourself.

The market will very likely bottom out at levels people won't be able to prepare themselves from. And yes, it might very well be that we hit the bottom, that's the best thing of a market that's so speculative. People have in mind that $3000 or whatever other level has to be tested first in order to bottom out, while as I said, it very likely won't bottom out at levels people can prepare themselves for.

Tone Vays has become somewhat of an idiot lately. He wants to see entities as Tim Draper to give up on Bitcoin and dump their coins before we can expect a bottom to be in sight, lol.

Its really hard to find the bottom because the market is keep on pumping, hopefully we hit it already. We should be prepare for that, so we can also buy more if the price goes to $2k level again. Don’t be scared because if we hit the bottom, expect the market to rise right away, so if you bought more on that level you are so lucky because good profit will come to you.

Unless there is a sudden drop coming in the following days I doubt we could move any further down.

The market has went up from the bottom we have seen and hit 4200 and whales tried to bring the price down and it didn't worked so we are right now at a place where it costs insanely much to drop the price a lot more so they have to either spend money and drop it considering those costs as a collateral for the future wins they could make from the short futures or they will have to create some type of chaos.

If none of that happens I think our future is bright and we are looking at a crypto market that will move on further higher. For example bitcoin didn't move much today but the altcoins have moved up again, specially ETH moving higher and higher shows amazing things for our future.

No it is not the bottom yet.This cannot happen as the value is very volatile and there is pumping jumping in the market all the time.Anything can happen.But the users won't let this happen.Prices are determined by a number of factors like demand and supply forces,amount of investment done etc.Even after the fall people still have faith and this is the reason why the bottom has not been reached.It is expected that the market will rise the 2019 which is a good sign.

Its really hard to find the bottom because the market is keep on pumping, hopefully we hit it already. We should be prepare for that, so we can also buy more if the price goes to $2k level again. Don’t be scared because if we hit the bottom, expect the market to rise right away, so if you bought more on that level you are so lucky because good profit will come to you.
[/quote]No it is not the bottom yet.This cannot happen as the value is very volatile and there is pumping jumping in the market all the time.Anything can happen.But the users won't let this happe[Suspicious link removed]ices are determined by a number of factors like demand and supply forces,amount of investment done etc.Even after the fall people still have faith and this is the reason why the bottom has not been reached.It is expected that the market will rise the 2019 which is a good sign.
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So if we rise in 2019 and this is well expected when will we hit our true bottom? In 2020 or what? By 2020 Bitcoin will be 29000 I think.