Support did not hold... But don't panic.

[tokeweed]

[1715585424]

1715585424

[1715585424]

1715585424

[BlindMayorBitcorn]

[EpStROM]

[Enjorlas]

[tokeweed]

Hey tokeweed you fucking degenerate faggot.

Why does theymos with all that semen pumped up his butt delete my righteous pictures of mein fuhrer while letting you spread your aids everywhere?

It's almost like the jews have won.

No idea.  Why not try this instead...

[Fyqqc]

there is no reason to panic

[Cconvert2G36]

[umairsaleem]

there is no reason to panic

Yes, there is, Because your asset are shrinking day by day. Now what? Probably $180 soon.

[mrhelpful]

Sounds like a typical day to me.

What else is new? If anything I probably will see it back to where it was next month or so, based on good news maybe in the community to get more buyers back in the game.

[stonerider]

It sure is a typical day for bitcoin to lose value, little by little, every f*cking day.

[futureofbitcoin]

Bitcoin price is falling down, falling down, falling down, bitcoin price is falling down, my fair lady

[umairsaleem]

Bitcoin price is falling down, falling down, falling down, bitcoin price is falling down, my fair lady

Not exactly, Bitcoin raises too, but a rise of 50$ will cost a down of 100$.

[futureofbitcoin]

I'm not a bear, by the way... I'm happy bitcoin's price is falling, so I can buy in cheaper. I'm a long term bull, permabull, if you will. I find all the panic/excitement with these small moves pretty hilarious.

[sgk]

LO AND BEHOLD....   

$200 coins are coming soon, be ready to buy more; keep your fiat ready

[Amph]

bitcoin tanking is good, it will increase the adoption, seeing how newbies are not willing to buy at current price, it's better to fall to sub 200, at least they will feel more comfortable to get in

but i don't care too much, i'm hodling forever

[Fabrizio89]

[spazzdla]

there is no reason to panic

Yes, there is, Because your asset are shrinking day by day. Now what? Probably $180 soon.

I hope to god this is not the loan asset for people...

Water == weapons >>> food >>> all....

If you don't have a decent supply of food and a water filter.. tsk tsk. 

[Realpra]

To the death, to death and glory!

I love Bitcoin, even if it goes to 0$. Better to have hoped and lost than to have been a slave to the state all my life.

[fearlesscat10]

I'm not a bear, by the way... I'm happy bitcoin's price is falling, so I can buy in cheaper. I'm a long term bull, permabull, if you will. I find all the panic/excitement with these small moves pretty hilarious.

I agree. Except that I'm consistently buying every now and then to add to my current hoard.

[srgkrgkj]

Well i see my assets shrinking day by day but what can panicking do ! except force me to realise the extent of losses im incurring lol

[erikalui]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

[spazzdla]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

[1Referee]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

No reason for panic. I still hold some coins that I bought at nearly $500 in 2014. I don't see it as a loss, unless I decide to sell.

I am happy to buy extra coins at current price. What some see as bad can be a very good opportunity for others 

[srgkrgkj]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

well you my freind are a strong hand ! congrats same i have a few k's in Bitcoin not too worried at the moment but if prices dip further then i might start breaking a sweat lol

[erikalui]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

$4k OMG! I know $6 is a small amount but still I am feeling bad as I have lost a lot of bitcoins earlier and I earned them by doing small jobs 

Please don't say zero. 

[chesthing]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

$6.50 ayfkm?

[BlindMayorBitcorn]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

$6.50 ayfkm?

Srsly

[manselr]

Support holded, they were saying 160 BTC by 15th, the FUD prediction failed.

Also, there are billonaires in this ship, BTC will never crash, not more than these billonaires want to, before they push the price back and the retards that didn't buy this cheap commit suicide.

[erikalui]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

$6.50 ayfkm?

What's AYFKM? I know it's a very small amount but there's no need to mock me for that as I earned it and did not use ponzi websites/gamble my money.

[srgkrgkj]

Support holded, they were saying 160 BTC by 15th, the FUD prediction failed.

Also, there are billonaires in this ship, BTC will never crash, not more than these billonaires want to, before they push the price back and the retards that didn't buy this cheap commit suicide.

xD Currently it seems the Support is holding but we will have to wait for atleast 24 hours before the support establishes itself as a strong floor

[Hunyadi]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.   Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

$6.50 ayfkm?

What's AYFKM? I know it's a very small amount but there's no need to mock me for that as I earned it and did not use ponzi websites/gamble my money.

Yes, no need to mock him/her. Everyone has to start from something.

e. also this is beautiful: "Respect every woman as your sister/mother"

[Natalia_AnatolioPAMM]

It sure is a typical day for bitcoin to lose value, little by little, every f*cking day.

and every day it's getting worse

[Bit_Happy]

I suppose you never forget your first really good bottom, enjoy the ride.   

[pattu1]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

You do have a strong hand. With only a few hundred dollars in Bitcoin, I am a nervous wreck.

[ssmc2]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

You do have a strong hand. With only a few hundred dollars in Bitcoin, I am a nervous wreck.

Hmm if you are representative of the majority of hodlers out there then I think I see the problem.

[fearlesscat10]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

You do have a strong hand. With only a few hundred dollars in Bitcoin, I am a nervous wreck.

Hmm if you are representative of the majority of hodlers out there then I think I see the problem.

Can't wait until it gets lower so I can go all in. Currently I'm slowly moving my life savings into bitcoin.

[ThomasCrowne]

I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

You do have a strong hand. With only a few hundred dollars in Bitcoin, I am a nervous wreck.

Hmm if you are representative of the majority of hodlers out there then I think I see the problem.

Can't wait until it gets lower so I can go all in. Currently I'm slowly moving my life savings into bitcoin.

Slowly and a little bit at a time taking advantage of the moving cost average is an excellent strategy.  Plus you minimize your up-front exposure level just in case bitcoin really decides to take a dump here soon.

[Amph]

there is no support apparently, those are whales making fake walls, and playing like crazy with other whales, while chinese are dumping big bag everyday, from mining

in the end this market has no panic selling left, the dumping is just a combination of miners dumping and wall manipulating

it's a game between miners and whales nothing else

[fearlesscat10]

there is no support apparently, those are whales making fake walls, and playing like crazy with other whales, while chinese are dumping big bag everyday, from mining

in the end this market has no panic selling left, the dumping is just a combination of miners dumping and wall manipulating

it's a game between miners and whales nothing else

Then what is everyone else supposed to do?

[Amph]

there is no support apparently, those are whales making fake walls, and playing like crazy with other whales, while chinese are dumping big bag everyday, from mining

in the end this market has no panic selling left, the dumping is just a combination of miners dumping and wall manipulating

it's a game between miners and whales nothing else

Then what is everyone else supposed to do?

if it fall to sub 200 you can start to buy, it's a good price to enter the market and start buying in big chunks

just my opinion i could be wrong here

[erikalui]

if it fall to sub 200 you can start to buy, it's a good price to enter the market and start buying in big chunks

just my opinion i could be wrong here

It's not recommended to buy a lot of bitcoins at $200 as it's going to further reduce (most probably) and the buyer will be in a huge loss. One can hold bitcoins now instead of buying more bitcoins.

[Amph]

if it fall to sub 200 you can start to buy, it's a good price to enter the market and start buying in big chunks

just my opinion i could be wrong here

It's not recommended to buy a lot of bitcoins at $200 as it's going to further reduce (most probably) and the buyer will be in a huge loss. One can hold bitcoins now instead of buying more bitcoins.

well i said sub-200 not at 200, it won't drop to double digit ever, because that was a solid point from which the pump of 1200 started, so the 100-200 range, is a must buy as many btc as you can

[dothebeats]

there is no support apparently, those are whales making fake walls, and playing like crazy with other whales, while chinese are dumping big bag everyday, from mining

in the end this market has no panic selling left, the dumping is just a combination of miners dumping and wall manipulating

it's a game between miners and whales nothing else

Then what is everyone else supposed to do?

if it fall to sub 200 you can start to buy, it's a good price to enter the market and start buying in big chunks

just my opinion i could be wrong here

Sub-$200 seems to be an ideal entry point for those who want to make it big this time. Also, I don't think we will reach lower than $150 if the price continue to tanks, as many people will consider buying at even $180 before the train goes. It's hard to wait for an even lower price, you don't know when you'll be left behind by the train.

Near a thousand of $ in btc alone. Not even a sweat.

[farting_shot]

Panic is your body's way of making sure you stay alive. You all should panic. Btc can only go down in value. There's no hope for it. Only those who stand to benefit by your fool-hardy way of HODL'ing tell you otherwise. Don't be a bag-holder.

[srgkrgkj]

Panic is your body's way of making sure you stay alive. You all should panic. Btc can only go down in value. There's no hope for it. Only those who stand to benefit by your fool-hardy way of HODL'ing tell you otherwise. Don't be a bag-holder.

Hmm i agree with the need for panic but the reasons for panic are completely unjustified lol Bitcoin has been thru this many times it will make it !!!

[ensurance982]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

[tokeweed]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

[ensurance982]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

No, not at all! We're currently in a very difficult situation. And although I would have expected things to go further down, things look pretty fragile, still. I'd wait for things to blow over first, or wait for further confirmation!

[Amph]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

i would buy some  and i would increase my buying the more we fall, we shouldn't fall too much in theory, we should floating around 150-200 in the worst case if another crash happen, but i'm confident that the previous crash(180) will not be surpassed

[tokeweed]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

i would buy some  and i would increase my buying the more we fall, we shouldn't fall too much in theory, we should floating around 150-200 in the worst case if another crash happen, but i'm confident that the previous crash(180) will not be surpassed

Nice strategy. I guess averaging would make perfect sense if it doesn't fall by a lot.

[ensurance982]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

i would buy some  and i would increase my buying the more we fall, we shouldn't fall too much in theory, we should floating around 150-200 in the worst case if another crash happen, but i'm confident that the previous crash(180) will not be surpassed

Nice strategy. I guess averaging would make perfect sense if it doesn't fall by a lot.

People call this strategy "a good strategy" but also "bag holding" and tell people they have gambling issues. If you actually invest in BTC in the longterm and only invest what you're willing to lose, this strategy does indeed make a lot of sense!

[tokeweed]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

i would buy some  and i would increase my buying the more we fall, we shouldn't fall too much in theory, we should floating around 150-200 in the worst case if another crash happen, but i'm confident that the previous crash(180) will not be surpassed

Nice strategy. I guess averaging would make perfect sense if it doesn't fall by a lot.

People call this strategy "a good strategy" but also "bag holding" and tell people they have gambling issues. If you actually invest in BTC in the longterm and only invest what you're willing to lose, this strategy does indeed make a lot of sense!

Yup.  Every bitcoiner should be doing this.

[Amph]

I'm far more surprised at what price there actually was support! I don't think there are many trendlines that predicted this kind of behaviour, which makes me think that this really may be a solid bottom of some sort.

Are these levels a really good time to buy?

i would buy some  and i would increase my buying the more we fall, we shouldn't fall too much in theory, we should floating around 150-200 in the worst case if another crash happen, but i'm confident that the previous crash(180) will not be surpassed

Nice strategy. I guess averaging would make perfect sense if it doesn't fall by a lot.

People call this strategy "a good strategy" but also "bag holding" and tell people they have gambling issues. If you actually invest in BTC in the longterm and only invest what you're willing to lose, this strategy does indeed make a lot of sense!

this strategy is aiming at increase bitcoin price, but at one point you must dump some btc to gain your profit(but many actually dump everything they bought), you can call it semi-bagholding

[Q7]

If it goes to 160-180 range and then bounces back up again, that should signal a double bottom. Right now my buy order are placed just above the previous low and there is a likelihood that bitcoin price will test those levels again. So it's a good and bad scenario depends on how you look at it.

[tokeweed]

If it goes to 160-180 range and then bounces back up again, that should signal a double bottom. Right now my buy order are placed just above the previous low and there is a likelihood that bitcoin price will test those levels again. So it's a good and bad scenario depends on how you look at it.

Looks more like a reverse cup and handle to me.

[Amph]

i like too see more the full chart, there is something familiar

[tokeweed]

i like too see more the full chart, there is something familiar

Capitulation...  Looks like we need to go back to October 2012 levels then?

[Amph]

i like too see more the full chart, there is something familiar

snip

Capitulation...  Looks like we need to go back to October 2012 levels then?

what it is worrying me is that we are not even in the despair phase, something along the line of "this is not even my final bottom"

october 2012 is coming next year with the halving

[BitmoreCoin]

Has the price trend reversed?

[tokeweed]

Has the price trend reversed?

Wait for it to go and stabilize above 270 or so...  At least that's what I think.

[randy8777]

Has the price trend reversed?

Wait for it to go and stabilize above 270 or so...  At least that's what I think.

at this point it won't be easy as there are traders who bought in at around $220 and are going to dump as soon as it goes higher. my guess is $250 within 2 weeks.

[minerpumpkin]

Has the price trend reversed?

Wait for it to go and stabilize above 270 or so...  At least that's what I think.

at this point it won't be easy as there are traders who bought in at around $220 and are going to dump as soon as it goes higher. my guess is $250 within 2 weeks.

Would really love another surprise rally or rather a sustained growth like late February and early March. If we can do this again with this second, higher, double bottom, chances aren't bad we'll be exiting the 15 months downtrend this time.

[tokeweed]

I'm pretty sure everybody will...  Even the guys who are shorting it right now.   But this run up could only be a...

[ensurance982]

I'm pretty sure everybody will...  Even the guys who are shorting it right now.   But this run up could only be a...

Image isn't loading... but from the URL I can tell that you're talking about a "dead cat bounce"... Yeah I wouldn't call it that way, but rather an attempted breakout that bounces off resistance. But for the time being I remain cautiously bullish and hope for some more shorts to get margin called There's still time to close, bears

[tokeweed]

[minerpumpkin]

Those aren't even dead cat bounces. Those are more breakout-attempts out of a falling-wedge or falling-triangle, actually! It is only natural for the price to try to break out of the resistance, and by doing this it may very well fail, until it doesn't at some point.

[ensurance982]

Now I see the picture... I agree, that doesn't look like a dead-cat-bounce. Yup, falling something with the price trying to breakout off it while failing to do so. Right now we're knocking at the support line, let's see if it holds :/

[tokeweed]

Now I see the picture... I agree, that doesn't look like a dead-cat-bounce. Yup, falling something with the price trying to breakout off it while failing to do so. Right now we're knocking at the support line, let's see if it holds :/

You are correct.  It will hold.  Buying now and holding for the longterm is the only play here.

[tokeweed]

Those aren't even dead cat bounces. Those are more breakout-attempts out of a falling-wedge or falling-triangle, actually! It is only natural for the price to try to break out of the resistance, and by doing this it may very well fail, until it doesn't at some point.

What about now?