Is deep over or it is just the beginning of the end?

[Dklinov]

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

dip will continue but END will never happen..$6,000 is near but $3,000 is too far and for me this will never come,whatever fud and bad news brings would not be enough to bring this great coin down that low.so better post positive words than this that may bring another panic

This post has nothing to do with positivity or negativity. Instead, it makes the community to discuss the potential outcomes and different scenarios that could happen. This will affect all of us and we have to be ready for any scenario. I am glad we have so many different points of views, but generally I understand the optimism is there which is a good sign.

[carrie_white]

maybe this is just the beginning? or maybe this is an end? no one can predict it, I was already pessimistic and it seems to want to sell all the altcoin that I have, and do not want to see backwards again.

[jungjongjing]

I very much hope that what is happening today in the market is temporary, I think that this will ever happen and will not leave cases of such a drop in prices. It is very strange to understand that the crypto-currency market was able to fall so much in price.

Before the acceleration, there must be a buffer step. And then, at this point, BIitcoin is one step ahead of its destination. Let's see that is the beginning of all that is ahead. Finish? Are not! Because it can not happen when it represents an advanced and wonderful field!

[ManicMiner23]

If you look at the monthly charts we can see that btc is at key level, if the support of 6k fails, and the sma cross of death is confirmed btc can go down to 1k, we've senn in the past hundred of times, in the stock market, forex market and other markets, a stock rallies for some weeks, then all the movement returns to the exact point where it started.

If the movement is going to continue btc should rally again from 6k and could be moving between 6k-12k for some months, but, the energy consumption concern, the regulation, and some kind of bad reputation, and some security issues seems that are not going to help btc to come back to the 20k.

From my point of view, at thecnical point, there's not signals in the chart that btc is going to stop the selloff and going up again, lets see waht happen with the 6k support.

[South Park]

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

dip will continue but END will never happen..$6,000 is near but $3,000 is too far and for me this will never come,whatever fud and bad news brings would not be enough to bring this great coin down that low.so better post positive words than this that may bring another panic

Correct, we already saw 6000 but 3000 is simply impossible to reach we are never going to see the price that low again of that I am very sure, bitcoin is now at 9000 and to go from that price to 3000 will need a 66% crash and we already went through a crash so it is very unlikely will are going to see another one that soon but if we see it then take advantage of it because the price of bitcoin will rise almost immediately.

[ukw]

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

I personally think we are very far from the beginning of the end. It's just a drop like everyone else. The market will begin to recover, and I think all who have sold their coins will regret about this.