Yes, I've sold 3 coins at 5500 today
And what are your plans now? Leave for good? Come back another day and buy back in lower? If you're considering timing it that has plenty of space for it to go wrong. If you're gone for good then I hope you made a nice profit. He didn't reply. He might be very busy calling his/her exchange/bank to cancel his/her wire transfer, and trying to get all his fiat back to his/her exchange account, and buy Bitcoin again. Hahaha. The path to FOMO.  Good guess, but no)) |
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Yes, I've sold 3 coins at 5500 today
And what are your plans now? Leave for good? Come back another day and buy back in lower? If you're considering timing it that has plenty of space for it to go wrong. If you're gone for good then I hope you made a nice profit. No, I have some more coins in stash. But I'll try to sell more. It would be great to see short bounce to 7K or so. . IMHO there will be 2500-2800 in the end of this year. So, I'll buy som back. Also I'll keep few coins for better times.. PS: Sold another 2 coins just now. |
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Dead cat bounce, bitcoin is going back to $3k. Small traders are selling now.
Its not panic, people want to buy cheaper after Peter Brandt prediction.
Not sure that even 3K will be a final stop this time. |
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that was a $2500 drop today! this is what we get for writing off masterluc and his prophetic triangle eh?  he re-posted the idea on tradingview 8 hours ago with the following commentary: Taking in mind this impressive fall I assume this is "surrender" phase and Bitcoin doomed now to rise to new highs.
My personal opinion - we'll never see such low numbers again, as price is at Weekly 200 SMA now.
But... If Weekly 200 SMA will be broken the music will fade... https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/We are under 200 SMA So, according to his idea, the music fades.. Now we are going to sub 1000 It would take a weekly close under the 200 SMA ... still Friday the 13th for the cavalry to arrive. I think we all understand, that there will be no cavalry. All markets are in sellof stage. Are you/have you sold then? You seem pretty sure. I am less so, so I am leaving my value on the table. It's definitely a scary time. Yes, I've sold 3 coins at 5500 today |
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MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value.
In my opinion it's not part of the MA200 broken, it just touched and slightly fell past the MA200. If you want to say the MA200 is broken you need to see the candle next week, if it continues to be passed and the price continues to fall then you say the MA200 is broken. Some of my analysis on the MA200 is part of the barrier, I myself am not sure if it continues to be bypassed. Hope U are right. But I'm not so optimistic( Even if it will stand for now, there will be few months of world financial crysis with bearish markets everywhere. |
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that was a $2500 drop today! this is what we get for writing off masterluc and his prophetic triangle eh? he re-posted the idea on tradingview 8 hours ago with the following commentary: Taking in mind this impressive fall I assume this is "surrender" phase and Bitcoin doomed now to rise to new highs.
My personal opinion - we'll never see such low numbers again, as price is at Weekly 200 SMA now.
But... If Weekly 200 SMA will be broken the music will fade... https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/We are under 200 SMA So, according to his idea, the music fades.. Now we are going to sub 1000 It would take a weekly close under the 200 SMA ... still Friday the 13th for the cavalry to arrive. I think we all understand, that there will be no cavalry. All markets are in sellof stage. |
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I believe a bull market will only kick in 2022, that is, two years after the halving.
FA got busted, and the StF ratio (which was the pillar of the hodler's creed) was manipulated and pushed ahead, which invalidated the 4-year cycle model. So we will see these swings for quite some time yet, going from 5k to 15k and back.
Two years isnt enough I guess for a huge break down. TA will probably useless for now, as the market swing is quite fast and its support has been modified continously. I am not so experience but seeing a pattern like this, is remembering the 2018 cycle. MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value.
Right now at 5k again, 30mins passed and still kicking some huge pushed. Thinking of some whales started to move again. Or it is the dead cat bounce and a final capitulation is about to start.. |
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~snip~
Jeez, this is really devastating.
To avoid panic; avoid observing the chart for these days. Panic sellers are everywhere. This is also good for everyone (like me) who want to buy again at a lower price.
Seeing a long red candle like that is terrible, but to trace I do not need to experience panic. Is not it in 2018 when bitcoin reached ATH then a few months later reached its lowest price of 3100 $ + we still buy it. Today the price of Bitcoin has reached the MA200 as a long-term decline goal, here I am sure that the MA200 will not break, but there must be a reflection of the price in this MA200. So keep waiting and see. MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value. |
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that was a $2500 drop today! this is what we get for writing off masterluc and his prophetic triangle eh? he re-posted the idea on tradingview 8 hours ago with the following commentary: Taking in mind this impressive fall I assume this is "surrender" phase and Bitcoin doomed now to rise to new highs.
My personal opinion - we'll never see such low numbers again, as price is at Weekly 200 SMA now.
But... If Weekly 200 SMA will be broken the music will fade... https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/We are under 200 SMA So, according to his idea, the music fades.. Now we are going to sub 1000 |
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Why are you using his year old prediction? There is another in his telegram channel and it is much more actual:  And here is his last comment (week ago): There we have a weekly ma200 for 4000. We can visit it. And that fits the picture above. So, according to this traingle picture we will see something around 4K till next year. |
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New post.  Is the triangle 2-3 years long? Really! Really boring ... it's hard to imagine reaching the $4000s from here and tbh the proportions of that triangle don't look ideal. i reckon it will be invalidated in time. To see a non-logarithmic chart from Masterluc is quite a rare sight ? I think there is just no more time to go back to the $4k bar just a blink of an eye away from the halving. I just think this is a really bad forecast. Sad but true |
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2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200
Puts a lot into perspective.
It is very funny  So now this table looks like: 2012 - $4 2013 - $65 2014 - $200 2015 - $185 2016 - $365 2017 - $780 2018 - $3200 2019 - $3570 Wow! A perspective indeed And if it will be like: 2012 - $4 2013 - $65 2014 - $200 2015 - $185 2016 - $365 2017 - $780 2018 - $3200 2019 - $1570 What would it show us, what perspective? Doomsday? Catastrophy? |
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What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
Nothing new. Just falling again. -10% in 10 hours. I'm starting to think BAKKKKKT will not help  $1200 is a new goal |
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In 2029 BTC will be replaced by new global cryptocurrency. It will be centralized stablecoin, issued by Federal Reserve or another big group of wold biggest banks and corporations. Some FedCoin or so . It will be fast, comfortable. Payments will be easy and consumers will be happy. Reliably and stability of traditional banking system powered by blockchain technology. Bitcoin will be used by anarchists (mainly cryptoanarchists) and criminals of all sorts - drugdillers, hackers. It will cost 100-200 dollars or so. |
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Google translation: Kstati Bitcoin today is full 10 years: beer:
I can translate little better By the way, Bitcoin became 10 years old. Beer) |
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I will like to know any idea and news?
It will be a sad year. BTC can go as low as $1500. There are some chances that it could climb to $6000 . If new world crysis will happen this year, then it can go even lower - in that case big money will be out ofall high-risc assets. |
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Truly, bitcoin's value is slowly dying. As of this posting, Bitcoin's value is now at $3200ish pretty bad with its current state right now. In my opinion, it will touch the $1500 mark (if given the current state and pace) by the end of first quarter next year. Usually first quarter of the year, coins experience further dip in price.
Well, we have different perception because BTC doesn't have a specific value. People tend to say things without having a valid reason and all are just speculation. From the moment it has given a value, it rises suddenly and the attention focuses on volatility. This is why, we can't really determine what could be the value in the coming years and I would rather support it to increased in the next year. well, the decline in prices can't be said that bitcoin is dying. even though it did make a lot of people panic, however, I felt that it was a natural thing, because I read a number of articles that said that bitcoin transactions continued to increase. I don't think so btc will die. This questions is there from long time, we cannot even think of it due to the market fluctuation the prices are going low and lot of people in panic selling the bitcoin which is not good. Kindly HODL the btc for few weeks to see the better result. BTC is widely used across the globe and it cannot be denied simply. Few weeks, hey? In few weeks it will be 2K. You mean few years i guess. |
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Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
You must not use "invest" word. Use "gambling" instead. Few years from now bitcoin's prise will be around $100. |
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It seems very likely that there are even predictions that say the price of bitcoin will be $1.2k nobody will know, so ahead of Christmas and New Year there will be massive sales that will make bitcoin prices continue to decline, there is no sign of increasing this year can only expect big changes towards a more positive next year.
I think that NY or Christmas will not influence BTC price. Everybody (I mean individuals) who wanted to sell already did it or are doing it right now. Now some institutional players are capitulating. So it not depends on holidays. This sell off will continue for a week. But yes, price will go lower. 2 800 is my prediction to the December 31. |
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