Blood-Bath Over?

[Sephire]

Bloodbath may be over but need to see a strong bounce to be sure. Most coins are still hanging near
last lows that does not look good.

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[Mariahuhu]

Maybe right now I saw all green on my portfolio. We need a strong news right for the market to go up. Those FUDs by media a really hurt us all.

[lutcor]

If you look at the market today. That probably can be said with certainty that the correction was over, because bitcoin started gaining quite a lot of weight. Therefore, you probably can not be afraid to lose more than what we have already lost.

[Mrs Troll]

Not now, I guess one more final blood wave should be But today started good news, like securities bill from Wyoming so I would say its 60/40 chances for rise/dump more.

[sweetbet]

The market is starting to recover, UNLESS something else happens. I hope that the Bitfinex/Tether issue doesn't screw up the market.

[svojoe]

Currently I wait BTC for 6000 so the blood bath is definitely not ended up. Whales have been  prepared very good this time. But anyway, if you have a good risk management and hedge strategy + experience in crypto market you won't be panic

[balrog]

As for me there is two possibilities for the market right in nearest future : 1)bitcoin slowly rising to 10-11 k within a week and than dumps to 5-6k (blood-bath) 2)bitcoin moving in flat for 1-2 month and than to the moon to 20k+ .

[proexcept]

It seemed to me that yesterday the trend has been changed but now I see that I was mistaken. The volume of trading is not increased and this is a very bad sign. I think that soon there will be a dump again...

[iigor]

I am hoping for blood bath to be over already, but I am afraid that will stay for another week or two.

[lumeire]

Resistance is building up but I kinda don't think it's over just yet. The previous bull run was so meteoric it's gonna take at least a few more big corrections before it can rise again.

[wayaneka]

Compare to volume of stock market, cryptocurrency market still baby so in the future value of it will increasing, because many factor that support crypto market will be more popular like many adoption of blockchain technology in many kind of business and industries, so cryptocurrency and their technology actually given many benefits and advantages to their community.

[cheezcarls]

As of today, it stabilizes between $8.700 to $9.300. However, I can't say that the bloodbath is really over. Yes, it's indeed a very bad week for all of us due to some various factors.

* South Korea eliminates anonymous trading accounts, and starts requiring them to use their real names (which is a good thing in the long term)
* India doesn't recognize Bitcoin as a legal tender (but the media creates misleading headlines about ban, but they're not really gonna ban it)
* Japanese exchange was hacked and lost millions of NEMs
* Tether was in deep trouble after US regulators subpoena it with Bitfinex crypto exchange

For me, regulation is necessary to protect us from scams. It's just that newbies and inexperienced traders are panicking and do not really understand all about it.

[Arkham Knight]

I think at this moment, everything is still not clearing up. The fluctuation are very quick. From 10 - 8, 9-7 ,8- 6 that only happens in 1-2 days. If it stabilizes between $11k-$13k for a week then I think that's the time the bloodbath's over.

[Ilegendph]

As of today, it stabilizes between $8.700 to $9.300. However, I can't say that the bloodbath is really over. Yes, it's indeed a very bad week for all of us due to some various factors.

* South Korea eliminates anonymous trading accounts, and starts requiring them to use their real names (which is a good thing in the long term)
* India doesn't recognize Bitcoin as a legal tender (but the media creates misleading headlines about ban, but they're not really gonna ban it)
* Japanese exchange was hacked and lost millions of NEMs
* Tether was in deep trouble after US regulators subpoena it with Bitfinex crypto exchange

For me, regulation is necessary to protect us from scams. It's just that newbies and inexperienced traders are panicking and do not really understand all about it.

I hope there should be an organization that would make the regulation very clear, a regulation wherein there is standard that all people will agree and provide what ever is necessary and just every country doing it for themselves, it should be something global and not locally. In this manner, we can expect a huge amount of support from investors because they would become protected from hackers and as much as possible the scammers.

[CryptoDemonElite]

I think at this moment, everything is still not clearing up. The fluctuation are very quick. From 10 - 8, 9-7 ,8- 6 that only happens in 1-2 days. If it stabilizes between $11k-$13k for a week then I think that's the time the bloodbath's over.

Lot of speculation as to what's causing this jump up, but I think you're right. It definitely  needs a lot more stabilization before we can consider ourselves out of the slump. I am enjoying this rise up though, at least it stops the bleeding momentarily.

It might be a bull trap like it was 2 weeks ago. Some people predicting it might go down some more. I hope not.

[cryptomema]

We arent sure about the bloodbath,because if bitcoin's doesnt breakout to $9700 we are still in a bearish trend,we need some breakouts so we can say we are safe to get into bitcoin's market again.Lets hope the panic sellers and investors would start investing again into bitcoin's market,the total marketcap should go up few days from now.

[bowonakulo]

I think this is a good start to the up trend, just keep on alert, it could just camouflage to the next correction, keep your funds wisely

[daenarys_stormborn]

I think it's not over yet, it's likely that the price of crypto will come back when the chinese new year ends, or at the end of february, because now many people are cashing out for chinese new year

[aklaika]

I think it's just a big bounce, and I think $8,000 is the anchor point for bitcoin. The decline continues,

yeah but now I think its over to be red
so its time to green time
 
hope $80.000

[bbmylove00]

Yeah i it's over now almost all alts are in green now. Market has gained 350 Billion Overnight!