Another 10% Cut Incoming

[talks_cheep]

Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

[1714977717]

1714977717

[Windpower]

There is really no way to predict when the price of Bitcoin is going to rise or fall.
This is just your own projection on what is going to happen.
I believe that after January, the price of Bitcoin will reach $500. I doubt the price will fall below $400 now.
It is stable at $400.

[afbitcoins]

There is good support at 400, price may drop further but I also expect price to stay above 400


 

[randy8777]

Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

how do you know that? i am fairly sure that the price will not go below $400 anymore the comming weeks. i even think we will see the price peak at $440 this week.

[kpitti]

You can drop a penny to predict that. I step out of trading in the end of the year. Price is not predictable now. January will tell as where to go.

[NorrisK]

You can drop a penny to predict that. I step out of trading in the end of the year. Price is not predictable now. January will tell as where to go.

You step out trading now, but are you holding fiat or bitcoin? Choosing either of the two basically means you made a trading decision for the rest of the year.

I don't think we'll drop below 400 any time soon if at all. The support is quite good there and people have gotten used to these prices again and are not scared to buy.

[Amph]

i see no more droping anymore from 470, just mere swings here and there, i see no reason for us to be under sub 400 anymore, 500 is facing the same resistance as 300 wall, so it need soem time to break that

[Denker]

OP is talking crap.
It's not predictable, although he might think so.
It could also be the opposite and rises back to 440-450.
He is just doing so bla bla for whatever reason. Useless thread!

[DieJohnny]

I think we are going down as well.... chart just isn't very convincing to me that we have upward momentum.....

but i am long regardless. looking for right time to buy more.

[mtnsaa]

There is really no way to predict when the price of Bitcoin is going to rise or fall.
This is just your own projection on what is going to happen.
I believe that after January, the price of Bitcoin will reach $500. I doubt the price will fall below $400 now.
It is stable at $400.

Completely agree and I think there's even a chance that we may see $500 briefly before the end of the year. It would go back to around $450 soon after that but that's a hunch I have. After all that's all we could say about it, the market doesn't make much sense even for experienced traders and analysts.

[richardsNY]

I think we are going down as well.... chart just isn't very convincing to me that we have upward momentum.....

but i am long regardless. looking for right time to buy more.

Once you have bought the right amount of coins that you are happy with, then it doesn't matter much if the price goes down 10% if you hold for the long term. It doesn't bother me that much. I just look at the long term.

[inca]

The bears on here need to look up the term 'bull market' and then go have a nice read about the bitcoin 'halving'.

 

[kwukduck]

Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

Couldn't have said it better,  although I doubt it will only be 10%. Once $400 is broken the road back all the way to $320 is wide open, no resistance.
And with the upcoming devastation of the hard fork that is even optimistic!

[jester1x]

I've been lurking here for a while now.  Very interesting conversations!   

It appears to me that people begin buying more coins as the price slowly drops towards $400 which prevents the price from actually dropping below $400 a coin.  The trend seems similar to the stock market right now.  (That's my noob opinion.)  I have to admit I have more faith in making substantial gains in bitcoin than I do with the shares I own in the stock market.   

I did pick up a few coins the last few days.  I have to admit that the $420 range is a bit easier to take than $460+ a coin.     

[Alley]

It's going to be funny when this doesn't happen.  Will you share how much money you lost by shorting?

[Greenenergy]

Nah... Up we go from here. I call bull.

[The Sceptical Chymist]

Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

What kind of time frame are you talking about here? 3 days, 4 days?  You could be right, you could be wrong. 

Lol, you think it's easy making money.  You just got lucky, sir, but more power to you.

[1Referee]

Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

I think the last few days of this year will be quite boring as the price won't move much. I do expect some serious action in January. That's when things will start to get interesting. No matter what happens, the price won't go sub $400.

[talks_cheep]

It's amazing how most people don't notice the drops every few days. We used to be at 460 until a few days ago, now we are at 420. This pattern will continue into the next month. So many of you hope and believe bitcoin will rise continuously but you will be so disappointed when it continuously DROPS instead. Your greed will be your downfall.

[NorrisK]

It's amazing how most people don't notice the drops every few days. We used to be at 460 until a few days ago, now we are at 420. This pattern will continue into the next month. So many of you hope and believe bitcoin will rise continuously but you will be so disappointed when it continuously DROPS instead. Your greed will be your downfall.

It's amazing how most people don't notice the price rise every few months. We used to be at 220 a few months ago, now we are at 420. This pattern will continue in the next months. So many of you hope and believe bitcoin will drop continuously, but you will be so disappointed when it continuously RISES instead.

Fixed the content for you. You can always look at a specific time range to fit your message. Doesn't make it true.