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Author Topic: 2000$ , long time no see  (Read 982 times)
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Pidgeon
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September 15, 2017, 10:24:13 AM
 #1

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?
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September 15, 2017, 10:30:48 AM
 #2

I dont think it will, no. ~$2500 is support...

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September 15, 2017, 10:36:46 AM
 #3

I dont think it will, no. ~$2500 is support...

It definitely will eventually. Bitcoin soared WAY too high WAY too fast. I would not be at all surprised to see it dip below $1,000. It is absurdly overvalued still. Nothing happened to warrant the massive rise in price in the first place.

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September 15, 2017, 10:48:47 AM
 #4

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?

I'm not missing $2,000 and it's not going below $2,000. $2,500 - $2,800 is possible for this week end.  Bitcoin pumped too fast and now it's getting dumped too fast not because it's the opposite of pumping fast. But because of China's local exchanges announces their closure, this has made the market collapse and made hodlers to panic sell.

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September 15, 2017, 11:22:46 AM
 #5

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?

I'm not missing $2,000 and it's not going below $2,000. $2,500 - $2,800 is possible for this week end.  Bitcoin pumped too fast and now it's getting dumped too fast not because it's the opposite of pumping fast. But because of China's local exchanges announces their closure, this has made the market collapse and made hodlers to panic sell.

Possible major resistance will be in range 2700-2800 think thins will be last wall if broken and passed then below 2k is possible soon. But dont think it will be that, cuz bad news already made damage to price and now we wait what will be bounce point for some recovery but not that fast rise as we saw.



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September 15, 2017, 02:33:05 PM
 #6

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?

Bitcoin can no longer descend to such a mark. The world of crypto currency has already reacted to all the negative news from China and began to recover. Soon we will see high prices for bitcoin again


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Shinpako09
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September 15, 2017, 02:57:53 PM
 #7

Seems not, it is bouncing back again and it's already $3661while i'm writing this. The price is back on rising and it's moving very fast. I'm not really sure if this was just a pump or the price movement came back to normal. Would be happy if it will be above $4k again.

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September 15, 2017, 03:01:50 PM
 #8

Bitcoin is bouncing back to $4k range, 10% up in a single day, support is coming back and now I believe price will again go back up to the previous high in range of $5000.

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September 15, 2017, 03:11:56 PM
 #9

Panic selling seems over, the road to 6000$ may start anytime so be ready guys so far ive managed to buy half btc when price hit 3000$ and now i already profited after 2 hours of buying that btc.

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September 15, 2017, 03:13:41 PM
 #10

$2851 was a support zone and price bounced back from $2968 and now at $3595. There are 2 strong supports still need to be broken. So one may get broken at best.

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September 15, 2017, 03:32:48 PM
 #11

Of course long time no see, but we still don't want to see $2000 bouncing back in. The price has already gone up 10% today increasing around $350 in the price. So, things seem positive again, and hopefully we will touch the previous price ($4500+) again and higher.



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thomastthom
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September 15, 2017, 03:35:24 PM
 #12

Of course long time no see, but we still don't want to see $2000 bouncing back in. The price has already gone up 10% today increasing around $350 in the price. So, things seem positive again, and hopefully we will touch the previous price ($4500+) again and higher.

Honestly I will be very happy if price goes below this year low. I am still thinking sell off has not finished. Just taking a break.

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September 15, 2017, 03:37:57 PM
 #13

This rollercoaster ride is heart wrenching.

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September 15, 2017, 04:10:50 PM
 #14

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?
Look at the market, now bitcoin is going up again, congratulations to those who believe in bitcoin, if you are a trader, buy bitcoin 3 hours ago, you will get big profits now and more in the coming time.

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September 15, 2017, 04:24:56 PM
 #15

Bitcoin almost got doubled from $2400 to $4800 in just one month. That was way too fast. A drop was already expected. But China's ICO ban and JPMorgan CEO calling Bitcoin fraud just intensified the drop. But as expected the drop stayed for short term. Price is gaining momentum again. This shows Bitcoin really have potential and will keep on rising. $2000 is never happening. That would account for more than 50% drop which is rare now in Bitcoin.

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carlisle1
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September 15, 2017, 04:34:43 PM
 #16

Bitcoin almost got doubled from $2400 to $4800 in just one month. That was way too fast. A drop was already expected. But China's ICO ban and JPMorgan CEO calling Bitcoin fraud just intensified the drop. But as expected the drop stayed for short term. Price is gaining momentum again. This shows Bitcoin really have potential and will keep on rising. $2000 is never happening. That would account for more than 50% drop which is rare now in Bitcoin.
we never know what will happen next as bitcoin starting to bounce back again and it showing that it wont fall up to this value, china's issue seems
to be settled for a while and jp morgan's owner was also been guilty for another issue maybe we will see another new ath to come forward hope
it will go till 7k before the year ends.

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September 15, 2017, 04:46:07 PM
 #17

Bitcoin is bouncing back to $4k range, 10% up in a single day, support is coming back and now I believe price will again go back up to the previous high in range of $5000.

If all the Chinese exchanges are closed in the next two months, do you think who will buy the coins sold by the Chinese?
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September 15, 2017, 08:35:35 PM
 #18

Bitcoin is bouncing back to $4k range, 10% up in a single day, support is coming back and now I believe price will again go back up to the previous high in range of $5000.

If all the Chinese exchanges are closed in the next two months, do you think who will buy the coins sold by the Chinese?

Once the Chinese exchanges are closed, every Chinese that wants to get rid of their Bitcoins will already have done so. Those who haven't sold their coins until then, are probably in it for the long haul. Question being, which exchanges will be the most convenient for the Chinese to sell afterwards? Japan, Korea? Or the western exchanges after all?

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September 15, 2017, 08:54:07 PM
 #19

Bitcoin is bouncing back to $4k range, 10% up in a single day, support is coming back and now I believe price will again go back up to the previous high in range of $5000.

If all the Chinese exchanges are closed in the next two months, do you think who will buy the coins sold by the Chinese?

Once the Chinese exchanges are closed, every Chinese that wants to get rid of their Bitcoins will already have done so. Those who haven't sold their coins until then, are probably in it for the long haul. Question being, which exchanges will be the most convenient for the Chinese to sell afterwards? Japan, Korea? Or the western exchanges after all?


If I were a Chinese, I would go to Western Exchanges to do trading. However,  I don't know if the government would issue another crackdown for investors trading with bitcoin. This drama has already cause so much pain so let them settled and see how they can get around with the restrictions. Maybe the OP has spoke too sound, $2000 is not possible because bitcoin recovered already after it goes below $3000. But's its scary not sure if it's bull trap or bull run. I try to be cautious though and observe how the market moves in the coming days.

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September 15, 2017, 09:35:16 PM
 #20

China is well below 3000, the 3000 wall in US/EU is getting hammered.

Going below 2000?

Hello $3,700 I've got a good time from going outside. Before I go the price was near to $2,900 as it is $3,014 but now it's a lucky day and this weekend surely is the right time to see the price of bitcoin starts again. Brace yourselves now guys, bitcoin is now fueled and we may see it skyrocket and fly to the moon. The removing of weak hands once again has been done.

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