Bitcoin Bottom Now - Rise Soon

[Forward_Thinking]

bitcoin rose at the beginning because the people were so angry with the central banksters,

after the central banksters are gone, bitcoin will be dumped by the market, because it has no social mission and no social meaning, the people simply dump it. why preserve this waste of electricity.

Well I believe thart Bitcoin was created by the central bankers as an experimental project before the release of the Fedcoin. And that is why the growth limits were included in the basic system. In view of this, it is unlikely that the bankers will go. In fact I believe that they are increasing their investment in Bitcoin to further restrict its use.

You are giving them too much credit. Most times in life, people are not that well organized to pull of something of that size. It is far more likely Bitcoin was in fact started by one or two people, not through the secret organization of multiple countries' central banks. People are lot hard to organize than that.

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[Forward_Thinking]

My analysis shows Bitcoin's price is at the bottom and my analysis also shows a rise is coming. I can't figure out how much the shift to alts will reduce the rocket fuel, but I do see a rise coming soon.

Anyone see the same?

That also I agree with you. but we do not know when bitcoin prices rise again. at least. probably February at the end of the month. will be seen the bitcoin price increase we are looking for ..

The rise has started. Not sure what you are saying.

Maybe you are asking when does the price go very high? Good question. My most conservative estimate is that by the end of February the price is around $14,000. But as we all know, that can change, a lot, and fast.

[Forward_Thinking]

My analysis shows Bitcoin's price is at the bottom and my analysis also shows a rise is coming. I can't figure out how much the shift to alts will reduce the rocket fuel, but I do see a rise coming soon.

Anyone see the same?

Again, my charting shows we hit the bottom or at still at the bottom and the rise is next.

No comments? Well I'm going to track if I'm right.

CoinMarketCap:

Price at post: 11,100 (right around there)
Price now: 11,471

Price now: 11,602

[Goldenoaks]

Bitcoin has tested $10,000 several times and always come back up, so I'm positive that value will remain steady or go up.

[Doell]

My analysis shows Bitcoin's price is at the bottom and my analysis also shows a rise is coming. I can't figure out how much the shift to alts will reduce the rocket fuel, but I do see a rise coming soon.

Anyone see the same?

The price is now in the range of $11,000- $12,000 at coinmarketcap ,I have fuel for sale cause bitcoin yesterday fires a beard so I can buy a little at $10,100 if your opinion is right about your topic title ,then I will hold it while bitcoin will slide to month in a few weeks well yeah I also feel the same

[Forward_Thinking]

My analysis shows Bitcoin's price is at the bottom and my analysis also shows a rise is coming. I can't figure out how much the shift to alts will reduce the rocket fuel, but I do see a rise coming soon.

Anyone see the same?

Again, my charting shows we hit the bottom or at still at the bottom and the rise is next.

No comments? Well I'm going to track if I'm right.

CoinMarketCap:

Price at post: 11,100 (right around there)
Price now: 11,471

Price now: 11,602

Price now: 11,585

[Willitivity]

Very nice calculations there. The dip has come and gone, from henceforth I think we will begin to see a gradual market rise in both Bitcoin and Altcoins. A big congrats to those who were able to take some bites within the dip, now is time to enjoy. I forsee a $10k - $13k price range for now.

[Aderiho Bitjones]

Bitcoin will hold leadership positions for a very long time. Now bitcoin has fallen in price. But with the year it will grow and attract other currencies. Therefore, it is necessary to wait for bitcoin again to become number one

[xfaqs01]

the 10,000$ is the support level it breaksout at $11,000 as a new support, with this im seeing a bitcoin will revisit a the highs of up to $20,000, i think now is a good chance for entry and hodl, DYOR!

[Forward_Thinking]

Very nice calculations there. The dip has come and gone, from henceforth I think we will begin to see a gradual market rise in both Bitcoin and Altcoins. A big congrats to those who were able to take some bites within the dip, now is time to enjoy. I forsee a $10k - $13k price range for now.

Thanks! Yes, I agree with you that the safe range is $10k TO $13k, although, I think we are likely holding above $11k, unless some really bad news comes out. You can't predict that. But unless there is some sudden bad news, I don't think a dip below $11k would last more than a few hours at most, if it happens at all.

[Forward_Thinking]

the 10,000$ is the support level it breaksout at $11,000 as a new support, with this im seeing a bitcoin will revisit a the highs of up to $20,000, i think now is a good chance for entry and hodl, DYOR!

I have a question about the $20K figure. I think you are considering December is part of the calculation, am I correct? So your charting includes December? I think you try some price predictions removing the December price rises and see when you think $20K is reasonable.

In my charts, I've tried to ignore December and I don't see Bitcoin going to $20K any time soon. But, you can't predict the good news that will arrive driving the price up.

[TheIO]

I think the $10.000 price range has established itself as a very strong support. We will either climb from that and retest the 14~15ks or consolidate for a little while longer. BTC needs some good news coming its way though, it's been more than a month with nothing but FUD

[RAmondragon]

Yes. Its like last year. One or two weeks it dropped then all of sudden it went boom! Now I think the rise is slowly happening.

[CryptoBeefy]

Fingers crossed we hit the bottom and we begin to see a rise. January has typically been a bad month for Bitcoin over the years so now's the time to start that recovery!

[doch]

My analysis shows Bitcoin's price is at the bottom and my analysis also shows a rise is coming. I can't figure out how much the shift to alts will reduce the rocket fuel, but I do see a rise coming soon.

Anyone see the same?

The price is now in the range of $11,000- $12,000 at coinmarketcap ,I have fuel for sale cause bitcoin yesterday fires a beard so I can buy a little at $10,100 if your opinion is right about your topic title ,then I will hold it while bitcoin will slide to month in a few weeks well yeah I also feel the same

Bitcoin is getting a good support at that price therefore we can see that it is the bottom of bitcoin. In fact the investors know about the importance of bitcoin and therefore they are not letting bitcoin go down anymore. Hope that that bitcoin price will start increasing its price in next few days and will continue increasing for long long time.

[Forward_Thinking]

Fingers crossed we hit the bottom and we begin to see a rise. January has typically been a bad month for Bitcoin over the years so now's the time to start that recovery!

You are right about January. It has been a bad month for Bitcoin the past several years in a row.

[leland orser]

I think it's really at a low price right now.
From the K chart of history, every February will start to rise again, so I think it might be a good time to buy BTC now.

[pooya87]

My analysis shows Bitcoin's price is at the bottom and my analysis also shows a rise is coming.

and where is this analysis you are talking about?!
when you post an statement like this, you have to post the analysis too! use tradingview.com if you haven't already

I can't figure out how much the shift to alts will reduce the rocket fuel, but I do see a rise coming soon.

the shift to the altcoins happens all time every time bitcoin is stable like this meaning little change and only sideways instead of a clear rise or a clear drop.
and that money that went to altcoins is standing at the ready to come back.

why do you think each time bitcoin makes a major move, altcoins get dumped?

[arthur25]

Yes same as yours. History repeats itself. The price will backward and forward. Negative and positive. This is always take place in bitcoinb price. It's back will coming soon.

[iryboy]

The dip is over now. Bitcoin will rise now!

Is there any solid reason for bitcoin rise now?

I think it'll take some time before it touches $15k mark again.