Have bitcoin seen its bottom

[waqarkahloon]

Recent Price down occurred more than 30% in a week because of news regarding china banning BTC or ICO or exchanges. BTC was down to 2950$ what u think will BTC go to this value or below this value again or not ?  Was that last bottom or still many bottoms to see ? Many experienced trader said that it will not go down and continue to rise but who knows what will happen next. What are your experience say about this ?

[btcone111]

no.
even if btc falls to below 2500, it is still more than 100% higher than beginning of this year. so why are people so surprised to see btc below 3000?

[waqarkahloon]

no.
even if btc falls to below 2500, it is still more than 100% higher than beginning of this year. so why are people so surprised to see btc below 3000?

because they have seen it at 4800$ was not expected that much low considering it stable

[ropyu1978]

all just predictions from experience ever experienced. and no one can predict with certainty.
but today a lot of good news for btc. it seems rumors say btc's rise will happen.

[waqarkahloon]

all just predictions from experience ever experienced. and no one can predict with certainty.
but today a lot of good news for btc. it seems rumors say btc's rise will happen.

so good rumors worked and btc rise 600$ in a time oh 6h.

[guclu]

all just predictions from experience ever experienced. and no one can predict with certainty.
but today a lot of good news for btc. it seems rumors say btc's rise will happen.

Yeah I'd expect nothing less.. just as predicted in hit below 3k and now it's going up again to break 5k. We will probably be talking about 6k in no time, then maybe it might go back to 4k again and people will panic again. Same shit over and over. Only next time I will be holding on to my fiat currencies to buy some more btc

[Juggy777]

Recent Price down occurred more than 30% in a week because of news regarding china banning BTC or ICO or exchanges. BTC was down to 2950$ what u think will BTC go to this value or below this value again or not ?  Was that last bottom or still many bottoms to see ? Many experienced trader said that it will not go down and continue to rise but who knows what will happen next. What are your experience say about this ?

I don't know why were people worried what's going to happen, I have said it before and will say it again, it's sad that happened, but what's sad is that people blindly sold their coins, instead of waiting for a while, and trusting the coin, now look at you fools, it's back to where it belongs best up and running, let's bring the glory back, hold your coins and buy while you can. The glory days are coming back.

[ahmedjamal1998]

This price drop was actually expected. It dropped a lot ? Of course but this is how the crypto world works.
This should be a very good opportunity for everyone who wants to invest in bitcoins as it'd surely bounce back up again. It doesn't have to be tomorrow or this month. But it just one day will.



Actually things are getting pretty optimistic as you see. The charts are starting to go up again.
Hold and never panic sell. That's a rule.