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Thankfully the Bitcoin price is not down to $ 3000. we can see the price is now $ 8500 and this is a huge price increase. I expect altcoin prices will move up like bitcoin prices soon. and certainly because a lot of good news that circulated, that's why price move up directly
This is an old thread actually, of course the situation is different, the price of bitcoin will not go down that deep and I think the current price is very far in below postions right now and we have received too much pain. I think the price of $6k has become the lowest price, we will not go down below than that, calm down dude.. Yes 3000$ is too low and I do not think that it is going to happen in near future, currently bitcoin price is too much stable and I cannot see any such a big reason which can crash the market and bitcoin price can low down to such a low price. I hope bitcoin price will very soon cross 10000$ and this will be a satisfactory situation for the bitcoin investors. |
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Many predict their own bitcoin price. Others say the price of btc at the end of 2018 is $ 50,000. And others say that it will cost $ 100,000- $ 1,000,000 over the next few years.
But at this moment your prediction price of btc is still the same or your predictions have changed?
It is hard to predict an unpredictable thing like bitcoin and other cryptocurrencies. Nobody can predict exactly what will happen in the days ahead so it's better to monitor the market often to keep you updated on what happening in the crypto market. The $50k to $100k forecast price for bitcoin will be depend on positive factors that may happen in the future. I don't predict the future prices of bitcoin, I monitor it instead. People give prediction about bitcoin price according to their own analysis and study, but this year most of the prediction proved as failed. Still no one is too much sure about bitcoin price that either it will increase or decrease in future. They can only hope and wish for bitcoin price to increase. |
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The bulls have managed to regain some control after refusing to let BTC fall below the key support level of $5,800.
Yesterday, price did again test yearly lows, wicking $5,860 before being propelled higher to the top of the range at $6,550 which we currently find ourselves in. On the 4H we have made a double top and price has again wicked the higher extremity of $6,636 - if you dial down to the 1h, you can see that a small sell off happening.
This is to be expected after a 13% surge in price from the lower end of the range. We’re still printing lower highs and lower lows and the trend is still bearish but as we come back down, it will be important to see how BTC interacts with the $6,200 range.
If we enter into sideways consolidation here as we have done so previously at this level, we will be looking closely for signs of strength to indicate a leg higher, pressing up to $7,000.
If we break through this level we’ll be looking to short back down to $6,000 and possibly below depending on how the price unfolds – these are our musings but it is still too early to tell.
Coming up.
I do not think that bitcoin price is going to bounce back below 6000$. I hope that bitcoin price is expected to cross 8000$ figure again, and after that it will continue to increasing and will very soon cross 10000$. I think that bull run has now started and therefore bitcoin price is expected to increase too much. |
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It still seems like people are quite hopeful. They're hopeful that the ETF or Bakkt will save them from a prolonged bear market, and that the worst is over. So they haven't given up hope.
I also believe the worst it is over. Bitcoin cant lose much of value anymore. But that dont mean that a month after bottom price will be $10k+ and new bull run starts. After bottom there will be long period of time when there will be huge negativity towards Bitcoin in media that will expect Bitcoin to go to zero. Although price will be so so stable and no one will lose any money anymore. Bitcoin will be totally unattractive for new people. Yes old holders will try to accumulate more. Those are the real dark ages of Bitcoin cycle. Price dont go down, but people are losing hope it will ever go up. That is very nice, I can see a lot of people are too much confident about bitcoin price that it is not going to decrease anymore. They think that bitcoin price is already touched its bottom and therefore they do not expect any more decreasing in bitcoin price. I think that such news will increase the confident level of the investors. |
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Day trading is the best choice at this time that I believe you can see that bitcoin prices in recent days are fluctuating very strong and is constantly falling, the market is showing signs of falling into crisis. I believe that you should only invest in bitcoin. The price of altcoin will drop very fast if the bitcoin price falls, hold will make you very heavy losses and you can only hold when the market is uptrend. I think that both are the best choice, depending on your experience and interest. If you are good in day trading then no doubt that you can make goof profit from there, and so day trading is suitable for you. But I think that holding bitcoin for long term is also a good and safe strategy to make money. |
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There is only the money bit that motivates me to invest in the cryptocurrencies.
Very honestly I have seen so many people who have already got a lot of money from bitcoin investment which really motivate me to do investment in bitcoin. I think that it is a very good opportunity with me to do investment in bitcoin in current time and make a good profit from it after some time. |
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Easier said than done. It takes more than chosing a coin or token to put your money and wait for it to grow. Its noy like that. You need to check price history and development. Check also the people behind the project if there are really a group of people behind it. Next is if the project is really feasible or if its a good project.
yes its look like, but actually not too much. In fact trading require a lot of experience and trading skill which can only insure your success in trading. Starting trading without having enough knowledge and experience I think that it is more risky than any other field of making money. |
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For me YES, there are many big people behind this manipulation. Specially those people that is really rich, and planning to start to invest in cryptocurrencies. I really believe that manipulation of the price of Bitcoin still effective but it will not be effective forever, bitcoin will become fully decentralized soon.
But I think that now it is becoming difficult for them to manipulate the bitcoin price. I think that the current decrease in bitcoin price is only because of some bad news in the market and hopefully very soon bitcoin price will reach too much good. |
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Holding long term will always have good benefits but holding will always be preferred by the people who don't have much towards trading, whereas people who have very good experience in trading won't bother about the long-term
Again as people say where their is risk, they is more profit also. With HODL one has to wait for a long time to get any profit but if you are sharp enough and afford to take risks, day trade is the best option. |
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Crisis and recovery then develop as the essence of the capitalist economy when it crises, it will grow stronger, and after a long period of development has achieved a high score, they will have the stage goes down
Most of the traders and investors have same thinking like you. But when these crises come then economy is really effected and in this time people feel stress because of loss of money, No one like crises and loss in business. |
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