Bitcoin Forum

We all know what happens after a big fall, everbody ask theirselves whether it is finished or not. As we have seen at 2013 it doesnt finishes easily. Market needs time for a stable rise. A lot of people talking about negative and positive things but again if it tries to rise early will go down easily. It tried a few times for a comeback but fallen again because of fear. Price have to prove that it is not a try it is a reality that going up. People wait stability for a climb. There are phases before a strong climb, wont tell them go ahead and search for it, we are now in a search for bottom, when its found it will start rising , some whales are buying thinking that bottom has reached that creates a rise but then goes down because it is not easy to convince people , it will take time , need to wipe selling orders with buying. A lot of holder who are in loss waiting for their buying level to sell. Every rise have to wipe them all. So we can assume reaching another 20k wont be easy. After 20k it will be more easy to 40k but now we need market to cool. At this degree it took a year this metal to cooldown  :-*

This site shows a curve going to 1 million by the end of 2020:

https://fnordprefekt.de/

It shows the price around $29k for the end of 2018.

Every year bitcoin users grow up, people who don't know much about bitcoin and cryptocurrency they with easily put out money and investment in bitcoin, without knowing up and down of bitcoin caused by what. So when there is a crash happened they will panic and expel their frustration in social media and in this forum.

It's good for you, a person who has known bitcoin from a few years back and remains relaxed when a crash on bitcoin occurs. And most importantly if bitcoin crashes every year, there must be different causes, I don't know the cause of bitcoin crashes in 2013 and maybe now 2018 me myself think the cause of the crash is so vital, that google will ban bitcoin. Yeah, it will have a major impact on this virtual currency and will cause bitcoin prices to be very weak and even worthless.

I guess it's pretty much dependent on how the market would react to the next halving. I hope that site is still up by 2020. But yeah, the next bull market run would be pretty interesting, because it's gonna reach new all time highs.

The main reason for lowering prices is that the influential banks in the United Kingdom and the United States have banned customers from purchasing Bitcoin on credit cards.
Other countries have played a role in reducing the strict rules on bitcoin.
This is the lowest price of Bitcoin after November last year. At that time prices of each bitcane went up to 19 thousand, but in mid-December, its prices started to drop.
But there is only bitcoin, there are also Etherium and Lite Coin in the list of price reductions.
I think Bitcoin's price will be big. So wait a few months later.

all take the right time, but when the bull market starts to explode, we will see a very fast market movement, maybe some people can get big profits, and in addition there will be impacts from some of the circumstances that happened as usual we see after

That's right, but some of us really don't understand and never give considerations. We never control the market and we can't predict the bullish time came out,  that's why we just keep calm and give more patience  cause this is the only way that we can help for market recovery. We all know that not all the time we are in good shape, sometimes we experience also like these and should take it.

Any recovery from here will be slow and painful. If it is too rapid then it will just crash again as there won't be enough confidence in the market. Firstly before a recovery the market needs to find a bottom and it's smashing through resistance levels with relative ease right now. If 6k falls then we're in real trouble.

I completely agree. The price fall has made many people less interested in bitcoin. Newbies and new people won't invest in bitcoin easily anymore. It takes time to everything goes back to normal. The correction as big and we should wait. But I am sure that sooner or later bitcoin price will rise again.

It never finishes easily, but it seems like the biggest hype has already happened and now it's only about surviving.
Also, the biggest risk about this market status is that if it keeps going like that people will start losing interest as most of the people who trades bitcoin usually does it because it is being counted as risky investment, and if the price becomes stable and only decreases over time, people will just enter into panic sell mode and we can trigger 4000$ and even less.

I would sell now to catch it later at a lower price.

What was happening in 2017 was sort of untrue for someone who monitor it closely for the first time. I had that opportunity. Was sort of there for whole cycle. From May 2014.   Funny is I knew it will happen already in 2014. Had no ideas when and had no ideas how it will fell seeing it.

My bottom line is. It is impossible such things just repeats constantly Yes they need cooldowns.  What can you do about it? Totally nothing. secure your coins and sit back and relax.  Cycle is repeating. You dont have to do anything beside just grab more coins when you can.