Mankov
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Activity: 425
Merit: 7
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January 18, 2018, 03:16:13 PM |
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Guess many investors from the stockmarket realize now, that they missed the coin-market, so they do FUD, to get cheaper in.
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piloder
Legendary
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Activity: 966
Merit: 1006
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January 18, 2018, 04:14:00 PM |
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Guess many investors from the stockmarket realize now, that they missed the coin-market, so they do FUD, to get cheaper in.
Yeah wallstreet bulls and bankers are behind all the recent fud and some of the government officer are making bullshit announcements for whales so that they can easily make millions where newbie investors will loss all their savings. Crypto Market is full of manipulaters. |
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Tynovten_
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January 18, 2018, 05:19:45 PM |
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I think the loss reached the last point. It's time to get up to reach what supposed to be our aim. go fight !!!
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Zadicar
Legendary
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Activity: 1344
Merit: 1020
Seabet.io | Crypto-Casino
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January 18, 2018, 05:26:59 PM |
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Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?
We should really be thankful on these kind of corrections because it do signifies a healthy market.Its much better than on those upward movement always on crypto which isn't really good at all. Now basing on technical analysis we can already presumed that we are already ready to take off some heights as of now. Green can be seen on the market even on upcoming months but yet no one really knows on what is the movement knowing its really an unpredictable thing. |
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1NV3ST0NM3
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January 18, 2018, 05:57:20 PM |
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Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?
Lucky you were if you have caught BTC at this price because you already in 25% profit. But I am still not too much sure that BTC has completely revived. If my TA isn't wrong I still see a great resistance near 12300 and there is no support point back until where you are saying thats 9,300. So I am not saying it will be that huge of a correction. But BTC might just once again shift back to down before it begins to move towards further heights. |
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adzino
Copper Member
Hero Member
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Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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January 18, 2018, 06:05:04 PM |
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Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?
None of us can say with full guarantee that the price dip is over and the worst we reached was $9,000 USD. But look at the market and the charts right now seems like the dip is over, at least for now. Bitcoin and other alt coins are in green and gradual recovering to its initial state. |
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Crytptohack
Member
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Activity: 126
Merit: 15
HodL!
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January 18, 2018, 06:12:48 PM |
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I looked at the BTC chart based on Coinbases prices last night. On a 4hr chart, you can see that it is trading within a downwards channel and bounced off of the bottom trend line.
A potential resistance point is at a previous low of 12.5k. The last high is 14,253 which is quite a ways from here. It will need to take out this price level and stay above for BTC to be out of the down trend IMO.
Did a quick post on Steemit regarding the technicals.
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Biscutard
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January 18, 2018, 06:17:17 PM |
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You can use coinmarketcap to look on the chart of price range of bitcoin and as i have seen, i think this is the lowest price range of bitcoin that could ever reach so far. I hope this ends by the next month or sooner because it's hard to look to almost all of your investments turning red.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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January 18, 2018, 06:17:44 PM |
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What is your take on the situation?
Just watch how the price moves now and then. Dip is over or not, it should be monitored closely. But if you able to take advantage of the recent dip level then no worries how much it will increase for now. The crypto market now seems to be in greenish color and we can expect that more pump or should I say slow increase will happened anytime by now. Is this really the start of another pump? Let's see. |
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swaptaker
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January 18, 2018, 06:19:31 PM |
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Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?
We can't know this by just looking at the current image of the market. We need to watch the market longer to see more solid proofs about the market stability. Then we can say the dip is over now. |
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J. Cooper
Full Member
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Activity: 294
Merit: 125
Alea iacta est
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January 18, 2018, 06:19:40 PM |
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Since there's been solid support forming down at 9.2K and even more at 8k, I feel like it's very unlikely for bitcoin to go sub $10k again. Of course it's possible (always in crypto) but I deem that scenario highly unlikely. Personally I think we've hit the very bottom but worst case scenario bitcoin could still double bottom down to 8.6K before continuing it's upward trend.
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CantIdentify
Newbie
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Activity: 70
Merit: 0
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January 18, 2018, 06:39:23 PM |
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Guess we're back on track again! Yay us haha
Did anyone sell?
Btw there's a funny video on cointelegraph youtube channel called red wedding of crypto or smth like that. It's funny in this situation lol
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andrey111
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January 18, 2018, 08:05:07 PM |
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As predicted bitkoin pushed off from 9000, there is solid support. I think now it will go up to 15,000. All the altcoys are slowly returning to the old places.
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dogandogru
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January 18, 2018, 08:52:42 PM |
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Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?
Yesterday market crash was the worst. This dip will surely prove to be the launch pad in crypto history as market start rising after touching $9231 mark on bitfinex. It proves to be a strong base and investors start buying after that taking the best advantage of this market crash. If you bought at base price then you will be having 20-25% profit today which is not at all bad. |
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angaper
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January 18, 2018, 09:41:42 PM |
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I am not so sure that this bloodbath is over and we are on the road to recovery, because after such a disastrous month of January it is to be expected that many investors become discouraged and prefer to migrate to less volatile investment schemes, which could mean a gradual drop of capital in the market during the next weeks, although perhaps not as spectacularly as recently observed.
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harriette
Member
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Activity: 173
Merit: 11
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January 18, 2018, 09:51:25 PM |
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Guess we're back on track again! Yay us haha
Did anyone sell?
Btw there's a funny video on cointelegraph youtube channel called red wedding of crypto or smth like that. It's funny in this situation lol
The market is recovering and I am confident that it will at least rise for at least another 3 weeks. You should be careful your account will probably have a big fluctuation in 4 weeks, which is the time when China's Lunar New Year holidays and I think they will sell a lot to prepare for. Your holiday, you come to sell out a few days earlier if you are keeping the big coin on the market. Always watch the signals from the market to make the right decision. |
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Fulmand
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January 18, 2018, 09:53:00 PM |
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You can use coinmarketcap to look on the chart of price range of bitcoin and as i have seen, i think this is the lowest price range of bitcoin that could ever reach so far. I hope this ends by the next month or sooner because it's hard to look to almost all of your investments turning red.
Most of us who holds bitcoin really hopes for a good price as well, because after we've experienced a lot of dumps of bitcoin many people were grabbing the opportunity that bitcoin has to go further. Well not into an accurate speculations, but I am looking forward that the price may come to a rising value next month. The stabilized price nowadays may take more days to go prior we can hit the most pumped value by next few week, so better calm and relax while you are surprisingly checking the price updates everyday. |
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metribitcoin
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January 18, 2018, 11:21:33 PM |
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In my opinion dip is over now, yesterday i bought some popular coin because i dont want to miss this opportunity to get cheap price, because many coin drop 30%-50% and this good time to buy it. In my prediction down trend is over now and the price will change to bullish tren in a few day more. Cryptocurrency market will be back to normal again, the volume and the marketcap will be bigger.
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Machine Funk
Member
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Activity: 144
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January 19, 2018, 01:09:03 AM |
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I think for now the dip is over. It might zigzag for awhile but I think it is generally up the graph for now. Think about it there many years left to go and bitcoin will be worth much much more years from now so anything that happens between then and now doesn't really matter.
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lite
Legendary
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Activity: 1400
Merit: 1009
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January 19, 2018, 04:10:26 AM |
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I think for now the dip is over. It might zigzag for awhile but I think it is generally up the graph for now. Think about it there many years left to go and bitcoin will be worth much much more years from now so anything that happens between then and now doesn't really matter.
Yeah, it looks like dip is over now, but we never know. a bad news/fud might lead to more dip in the market, i hope it's all over. I got myself more bitcoins and some alts thanks to this dip/correction, did you guys buy BTC or alts too? |
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