Bitcoin Forum

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

bitcoin "pullback" was over a long time ago when it reached the bottom actually and we became sure of it near $8500.

and as i said back then in the dip, if you wanted to invest you should have done it as soon as it reached the major resistance meaning $10k because it was proof that the recovery is for sure going on. and above $10k is just on the rise.

Bottom was in January, a lot of people tthought that the price was going to go down even further, but obviously they've been proven wrong. Primary reason apparently is because of government bans, which doesn't really make sense since BTC is independent from governments in the first place.

Anyways, I think that we are ready for this pump to continue. A new wave of people just got educated about the importance of holding through a dip and that means that we'll have a lot more support at the $10k issue.

I'm not sure about it going to $25k by July, though. That's a bold prediction.

The pullback was been occured due to the fud calamities caming in and since the crisis has been done it close the mindset of the people to trust the bitcoins state again, that's the reason on why we can see the price almost breaking to 11k$ again but maybe we can see it pump to its uppermost level by this next following months.

Best time to invest is if you bought the dip... Though right now is still a decent time to bet on BTC going up long term.

I really do think that markets have matured enough, and that we're probably never going to see BTC under $5k again any time soon.

The pullback was really expected, but the dump got the weak hands going absolutely bananas. People posting about why BTC will go down to $20, even. That kind of thing happens when BTC is crashing, but never happens when BTC is rising up.

Don't trade with your emotions, because after a dump will always be a pullback, and that is now.

Hold up on this. There is still more to come. This is not a recovery stage for bitcoin. The crash is not yet over and I'd say that the prices would be going up and down till March gets over, the prices shall not go to high but going down is possible. It all suddenly feels like the bitcoin hype is all over now, people are finding bitcoin boring now so lets see what happens next.

We could not really so sure that the threat of corrections is gone so better if we should not be so confident that this current value rise up is what we have waiting for. There are lot of experts that dip still is in there that by the end of this 1sr Quarter another dip will coming but after that it will rise up again until it will reach ATH of $25K for this year but still i hope that this development that are happening in the world in favor Bitcoin will eliminate the threat.

i don't know about these "experts" but a dip doesn't just happen out of nowhere and without any reasons! for example the recent dip from $20k down to $6kish was because of the bubble then because of the fear of the bubble and all the FUD about bans,... but that is over now! it can't go on every day.

A tip for newbies: When old bitcoin owners start talking how good time it is to buy bitcoin, then it's definitely not a good time to buy bitcoin. When bitcoiners are in "advertising mode", then you know that bitcoin is in trouble. They feel it, and that's why they feel that they have to push bitcoin more then before. When it truly is a good time, then they are quiet with their recommendations to buy.
Currently, they are probably worried that this 2 week old rise will get properly tested and it might also fail. Use their emotions as indicators for trade and never take their trade recommendations directly.

actually made it to $11,000 but now dropping again,as we see the price going $10,500 .this movement wasnt good for investing since the growth is always denied,pullback is in the air still,and tomorrow isnt predictable as for the investor must stay tune

This is true for all major price movements, while it's true that there is a common boom and bust trend, it is not without reason. There are normally major news stories that promote price growth or a price crash. If we have no negative news for a while we won't experience another big dip.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 

Still safe for those investors who are not too greedy and already moved on that they haven't bought during the dip $6,000.

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$500 is affordable and for those who haven't got a nice entry for the last time, take this chance of buying some while you can or when they let the chance pass again regret will come.

According to my thoughts, it's the safest investment for those who're not in to make a quick buck, and have the holding power for as long as it takes to reach their targeted levels. It could be days, months or even years. Investing in Bitcoins will prove to be the best thing in future.

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Well, all I have to say for such type of people - my advice should be taken as a source and not a decision itself. As you hold your stash, you should have the deciding power and if you're going to act like a kid, I believe you should never do investments only. ;)

Correct. I'm just discussing it with a friend of mine 2 days ago. We could have made huge profit by today, almost doubled our money. But we didn't. Not that we are afraid to take risk, but we don't have money to invest that time and we don't want to borrow from someone.


The dip and the subsequent dump was long overdue. There are a lot of irrational buyers during the December peak that got burned last month alone. They are not experts, those are people who just created FUD to spread fear among investors. The experts that I have read says the bottom is $6K which we hit and then it never go down below that. Now we see the price has pick up already and maybe a new all-time-high is just on the horizon.

Being the long term bitcoin hodler, I was confident bitcoin price will be back and rise again and it is happening right now.I utilised that opportunity to buy more bitcoins ;D I am sure we are now heading to ATH again and also those politicians can't do shit against bitcoin :P

Congrulate everybody for this news. After that i only wish you to see green color because when bitcoin turns red, the market is following it. I agree with your ideas and i think we should make more money by taking advantage of the situation.

Many will have found ourselves in the same position, it's always tough because it was a very good buying opportunity but it's important to have self restraint. For myself I could have invested further savings at that time and right now be very happy but I've always told myself I won't ever use them for crypto. It's easy in hindsight to look back and say 6k was a great buying opportunity but it was not impossible for the price to fall further.


December was an absolute frenzy, I read many articles saying it was big money coming in from hedge funds and such but I don't fully buy that, I would think they'd be a bit more sensible with their point of entry. It could be that they came in initially and then the less experience guys got wind of this and were the ones who really got burned buying right at the top.

While it's easy to say these guys made a mistake, I hope that they didn't compound their mistake by selling at the bottom. If they hold strong they'll be able to look back in a few years time and say 'while it wasn't the best entry point I'm still significantly up and I'm glad I did it'

The year usually starts with bearish market. Previous trends explain the exact same scenario. In addition to that, the ridiculous bullish run of overall crypto market in December was expected to be followed by a bearish market. Many other reasons like heavy manipulation by Wall Street giants, korean FUD and regulations followed by various negative comments added to the dump.

I was analysing the price action, and negative manipulation ended near $6000 because after that the support level was $4500 which could have created a massive FUD leading to massive selling ultimately ruining the market. Whales and manipulators never waned that. Now the bullish cycle has started and is expected to go till june-july.

Yes, almost 2 months of bearish market, hard to take for someone like newbie or even season crypto investor.

But everything has settled down and we have rebounded beautifully, bitcoin is now testing $12K, but I find it that we need another push to break this numbers.

Yes, the trend holds true. After the Chinese New Year bitcoin will pickup like what we are witnessing right now.

yups and ofcourse with the help of trolls it became possible,not we're strongly standing at $11,000 and resisting not to drop again.if this continue for a week or so,this is the meaning of growing again in which were all have waiting for.yes all of us waiting for another growth after a biggest downfall ever

Create a scam accusation thread in reputation board of Trading Discussion, and you can also try Meta section for better assistance over this as shouting out here will not help, but you can take their post as reference to show any differences you've seen in their posting style.

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There's a great initiative taken by Indian government - Cabinet approved a bill that stops usage of ponzi schemes and chitfunds. More here - http://www.zeebiz.com/india/news-cabinet-approves-bill-that-bans-ponzi-schemes-cryptocurrencies-37529

This happened due to the huge scam that was committed by Nirav Modi who did a loot to PNB Bank by running away with 1000s of Crore Rupees.

Actually, I haven't read anything specific about cryptocurrencies related to this, but they're still comparing Bitcoins to ponzi and this could be a problem for those who are taking deposits without any records (just like bitconnect). I'm not against any crypto, I've used the relevant example to explain my thoughts.

Not yet dude. It's slowly recovering. See today's growth is bit sad watching.  Almost $1k dip is seen. As you said yes experts predict bitcoin reach $30K minimum by end of this year. The market is unpredictable. Last 10 days growth were healthy and steady,  but today an unexpected dump to loose $1000K. It should pull back as you said.

it is likely to happen on the view from last year's charts mid-year prices are definitely starting to come back up and at the end of the year all altcoins are experiencing tremendous increases including bitcoin hopefully bitcoin prices soon recover.

Looks like we're not going to see it pullback drastically anymore, now it's time the price will be above $10k for so on I guess.
Which obviously., investing in bitcoin is still very feasible and will lead to a profit, well though it describes a less certain, but because I believe it will be more desirable to many people, the price is still likely to moving up from previously and from nowadays.

Well back then everybody was busy panicking and thinking of doomsday scenarios where btc will go a lot deeper. Though there are those who were sound enough not to let fuds affect them and goos for the. Well good for us that is :P

I still think that the main market works completely for other people, and we only get crumbs from the table. This despite the fact that before you earn, we can very well lose on their investments, because the market is almost always unpredictable.

$10K resistance is so strong that I also think that we are not going to see the price dip below that. Although its been a roller coaster ride at $10300-$11700. I thought that we can test $12000 this week but it will not happen. But we should be glad that the dumps are not that significant and we can bounce back fairly quick.


Those noobs can be easily swayed by FUD specially those who bought at the top price during the December frenzy. They panic when everything evaporated just like that then comes the FUD schills and doomsayers which added fuel to the fire. That's why they are the victims here, potential profits is gone because they are too emotional. Then they join the doomsayer that bitcoin is dying or bitcoin will go to 0. Well, you can't blame them. They went to the market with the hope that its a get rich scheme which they learn in the hard way that its not.

Newbies let their emotions to take control of their trades, when bitcoin is doing well we see threads stating huge prices for bitcoin from several hundreds of thousands of dollars to millions to speculation about bitcoin replacing all fiat but when things go wrong then we get threads like bitcoin is dead and it is crashing to zero this show to us one of the reasons of why the price is so unstable.

Don't you mean support? And I don't think there is a 10,000$ resistance as to what many consider it as a 5 Digit pass point or milestone for Bitcoin, some people also created the word "psychological barrier" to it describing the the pass point of Bitcoin but with all the dipping and passing the 10,000$ level it has proven that there is no resistance to break or support to bounce to. The way I see it 10,300$ and 9,500$ is is support levels which was proven yesterday when it quickly bounce back to 10,700$ now.

That's why they are called noobs in the first place but yes we can't blame them.

Thinking bitcoin price will just stay upwards, these noobsstick to that kind of mindset without realizing that a crash or dip might happened on the way. But honestly, it was a good experienced for them to be swayed by FUD and then regret follows as in here they will realized that bitcoin price crash is not the type of scenario where they will just easily pullout their assets.

With that kind of experienced, these noobs will improved their thinking that a crash is part of the system and if they planned to hold for long term then they can conclude that they must disregard any forms of movement on the price because all they need to do is to HODL.

The dip is actually over when bitcoin recover above  $10,250 trading area. We should expect a bullrun or bullish trends that will push bitcoin above $18,000 from next month. If you are a long-term investors now provides the best opportunities for you to buy bitcoins and others coins. I think this year will be better than last year and we would have a fruitful 2018.

Even Noobs can act like the ones who are interested to do a deep research of what is going on and why.
Instead, they just go with the flow and sell their coins for cheap.



This is what happens when unexpected dips are painted over the charts by whales who are undoubtedly interested in buying these noobs' coins for cheaper, making it real hard for them in the future to gain even 50% of that amount in BTC if they pump it up to more than 100% in fiat.



I believe it's all because of the lack of knowledge and not experience alone, as there is nobody here to teach them everything.
But, as I've elaborated before - if they're going to act like a kid, they should never invest only into anything as they don't hold the HODLing power that's needed in each and every investment ever made.

There was a large amount of support just above $10,000 which seems to have fallen but we haven't yet fallen much further which is promising. I also see there being quite a lot of support in the 9400-9700 range but after that it would be down to the low 8000s.

We could be facing another pullback at the moment. Hopefully the support will hold.

Are we going back  again to 6000$?  I was so happy lastweek when bitcoin made a bullish trend ,and yet here we go again ,going back to the critical line. Hope it wont go down below $10k.

Price falls faster than the increase for the last week. This may be the sign of the downward trend is not over yet. It is quite possible that the price will fall below 10k $.

Only time when you can double your money in two weeks is to buy when there is blood on streets. Everyone's blood including yours.

unfortunately that is not something that you could predict at this point. everything pointed towards end of the "pullback" and start of a nice solid rise but out of nowhere price started dropping again. it may continue like this through the weekend and reverse upwards on Monday.
probably some whales trying to test the bottom and buy some more cheap coins before the shoot up.

If we go to 6k we will also go below it but I don't think the price will fall below 9k. Just like a few days of resistance lead to a fall of 15-20%, a few days of support can lead to an increase and turn in expectations and outlook.

And those are some of the things the whales see in the market that makes it possible for them to gain even more from the market. Emotions are always written on the chart most times, and then they capitalize on it and they use it to get a huge benefit since they all have strong holdings in the market with news to make the weak hands consider if they are really making the wrong decisions or not until they panic and sell. The market is looking good to me still now with some strength. The sell pressure is not that huge, but it is just patience that we all need.

Well the critical support at $10,000 was broken, however, it didn't last that long and we are back just above $10,000. Of course everyone though that last week was a start of something big, but sadly it wasn't sustainable so we are back to square one again.


IF we fall below $6,000 then another golden opportunity to get it while its cheap and you can double your money in about 2 weeks time. I really don't understand why people panic during dip, there's also a brighter side during a downtrend. Let's see how it goes, another bulls vs bears in the next coming weeks and hope that the bulls will be on top again.

Instead of using flat numbers like $500 etc. it would be much better if everyone invests a percentage of their income/savings.
Personally, I would without hesitation suggest putting 5%-20% of your fiat money into Bitcoin - you can't go wrong with that amount.
Even if something will go wrong - your investment is still diversified enough - so it won't be a total failure.

I've never asked everyone to put in the exact number, that was just an example of how much an average person could invest without thinking too much. Putting everything into Bitcoin alone will also be stupid when there are a lot of options available in the type of altcoins and tokens - those that are promising and can give good returns should be invested into through the use of Bitcoins. Because even if Bitcoin falls, alts will rise at some point which will give boost to our profits - that's where your said action will give the best reaction (quoted below):

I used to invest some money into bitcoin every month and i used to have a good time gambling too,but once the price of bitcoin crossed $2k ,it is really a hard task on my part to use it as an investment,because the transaction charges were the biggest hurdle earlier,but things are coming back to normal and i do expect the price of bitcoin to recover,but there are other coins which gives you a higher return and i will convert that back to bitcoin in the long term.  ;)

IF we fall below $6,000 then another golden opportunity to get it while its cheap and you can double your money in about 2 weeks time. I really don't understand why people panic during dip, there's also a brighter side during a downtrend. Let's see how it goes, another bulls vs bears in the next coming weeks and hope that the bulls will be on top again.
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I think if we dip to 6k and below that would be a sure sign that the bears are winning and will continue to do so for some time. I don't think we will reach that price and I do think that longer term the price will recover but I don't think if we hit 6k it will rebound as sharply as it did just recently.

You shouldn't be worried with the transaction cost. It's really low. You can send 1 million USD worth of Bitcoins and pay a fee of only 1 USD. Bitcoin is really cheap to send, fast and secure, just like in the old days.
I think that we're in a period of stabilization while investors are deciding if it's a good moment to go in. We are going up in the following months, there's no other way!

We're in a period without hype and right now any new investors will mostly be people who are interested in Bitcoin and its potential instead of people just looking to quickly get rich. The flood of money in December was not from smart investors it was from people who thought BTC could rise indefinitely. That was also a large reason why the fees were so high, now we don't have that hype and segwit is being adopted the fees are so much more manageable.

Theres a rising number of speculators shorting the price apparently.   Doesnt mean we go down but theres open apprehension out there and people wanting to profit from a pullback.   Obviously we have bulls also expecting to go from 10,000 to 20,000 once more which is feasible also.  

https://i.imgur.com/w8hsm4k.png (https://www.facebook.com/NicTrades/videos/573986506296682/?t=607)

That mentality of believing the market will just keep up testing new heights all the time really makes me laugh a lot and then when they buy into FOMO, they end up considering bitcoin dead or scared of whatever comes out from the media. Anyone who is not ignorant or has done some research before even investing will not even bother about any of that sort of news, but they never did.

Like you have said, over time, they will end up learning from experience and improving, which is where the market strength comes from anyway.

$500 is really a big deal right now for anyone who can really look into the future to realize the extent to what they are holding is going to end up. If anyone had gotten $500 worth of bitcoin in 2010, I do not even want to imagine what it would be like right now. Well, it is all about time, and everyone have their time, so it is best to wait for it. We should see bitcoin testing new highs pretty soon once we get past all the resistance ahead of us.

Nobody can know the future it is just a speculative prediction on what's gonna happen with the price or the movement of bitcoin I really think that we had an historical charts that many analysis are looking at to have a prediction for the upcoming value of a current coin, And if a newly ICO or tokens will be produced it will base on the accessibility of the token or coin or the kind of services it provides the people,

Well bitcoin I think are recovering from the recent downfall and we are really going through a lot of resistance right now but bitcoin will continue in pumping no matter what.

I think also that the bearish trend is over and the range trend will also be soon over immediately the market cross the last week high. I am optimistic that bitcoin is going to be above it December 2017 high before July and I encourage the people around me to invest in bitcoin now that is very cheap to buy.  I also Think  in middle of July we should expect bitcoin to go as higher as $25,000 and $30,000 as speculated and I will be one of the biggest beneficiary.

I think if we dip to 6k and below that would be a sure sign that the bears are winning and will continue to do so for some time. I don't think we will reach that price and I do think that longer term the price will recover but I don't think if we hit 6k it will rebound as sharply as it did just recently.
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This time bitcoin is having strong support and I dont think it would go below $6k. Maybe those people who are really in panic are noobs and didnt know the history of bitcoin. As the current price is seems recovering since price is unstable we dont know yet if this time we are in bullish trend or just a bull trap.

Well, we should not be worried by now because we see that bitcoin is starting to rise again. Also, I think what you are talking about segwit will help the btc transaction time reduced. So, we should continue to support bitcoin so that we will be harvesting huge amount of profit by investing it in long term.

The dip was never over with that, we were still in a downtrend channel at that point and even after hitting the top of the channel we ended up having a pull back.

However, all these are just some normal moves in the market to sway up and down, and those who know how to use it to their advantage do so, but what is the point panicking as a result of that when holding for long which is what surprises me about noobs. Also, if we can break out from this trend, then we should be fine for next bull run.

It will oscillate around this level for a bit before slowly creeping up again....(you heard it first here)

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

This is the simplest chart I can post I think, it shows confirmation of an old standing uptrend.   First we cross with a large bar showing strength to pass the trend as a ceiling.    Then even more positive it manages to confirm the trend as support several times, with buying occuring at the trend line and rising back up.

Now we have risen much further away from that support, it would seem a decent move with some confidence of continuing.   The old pullback move from ATH ended around Feb 14th and since then we've been looking to confirm as per the OP   

  I think its fair the charts concur, pullback is over and some positive trend is overway not just dead cat bounce as is most famous :)

Normally bitcoin keeps circulating over and over again though there are times that it fluctuates because of the traders and sellers in the market. No wonder it counter-flows other coins and may affect the world in crypto currency. For example, you trade the tokens that you have and you have losses because you badly need the certain amount but if you keep it longer, it will have higher asset that you'll get when you convert in bitcoin value. That's why the pull back won't end.

If you are an investor looking to hold for the long term then it's still a very good time to buy, a new bottom seems to have been found and the price is a long way below the previous ATH, it shows that there's potential for 100% returns in a relatively short time period. Couple that with the reduced fee cost and time due to segwit and things are looking bright for BTC.

I agree, utility is improved and price is lower.    Also I noted some US states will now accept Bitcoin in payment of taxes, which adds usage for stored crypto value.   So long as the underlying prospects are improving then it helps add confirmation to a purely chart based view.  I do look at charts mostly but it only reflects the market which can be wrong, I do look for growing interest and user population in Bitcoin and that seems apparent still.

https://cryptoslate.com/another-us-state-moves-allow-crypto-tax-payments/

It's not surprising to me. But I got used to it. If it is fair to say that I like it. Landfill the market is scary only to those who are holding coins. But they must understand that it is impossible not to do anything and constantly earn money through rising prices. I constantly trade on the stock exchange and at such times my income increased.

It was not only noobs many people thought the price will keep increasing since the 2017 year was a year were almost everything went bitcoin way so they were too comfortable seeing the price growing, the crash was a nice wake up call, nothing goes up forever not even bitcoin and if they want to make money long term they cannot buy at any moment and think they will be making profits you need in fact to take advantage of the dips and hold for a long time.

yes you are right when seen from the plot it seems bitcoin darkness is over starting early March it already looks bitcoin prices have started at the pump to bias up again, we just need to wait for good news again from bitcoin which can make the price rise very sharply.