Bitcoin Bottom Now - Rise Soon

[kingragnar]

The price of bitcoin is now well shown that you have fallen to 9,000 USD per 1 bitcoin now that its price is at 11,390 USD per 1 bitcoin for me it's a good sign that raises its price now. As we always have to update on the recent changes in bitcoin because we all know Bitcoin is dynamic and has no stable price be patient

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[stevemichael]

Yes, You right you can check the year 2015,2016 and 2017.
In all those years bitcoin price is very low in starting months like Jan and Feb, But at the end of the year it rise again.
I also think it price is going to reach 40000$ by the end of this year.

[markleal]

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?

Hi there Forward_Thinking! I am also looking forward for the continues price increase of bitcoin. What hinders the price I think is the tons and tons of new unnecessary coins. However, there are coins that are promising and giving a good benefit but there are still some that just bubble and fade away. Looking at the chart it seems that when the price breaks below again by 9k it will continue to drop, but if the price hit 17k, it will continue to sky rocket again.  

[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: 11,883

[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?

Hi there Forward_Thinking! I am also looking forward for the continues price increase of bitcoin. What hinders the price I think is the tons and tons of new unnecessary coins. However, there are coins that are promising and giving a good benefit but there are still some that just bubble and fade away. Looking at the chart it seems that when the price breaks below again by 9k it will continue to drop, but if the price hit 17k, it will continue to sky rocket again.  

We are looking forward to the price rise.

I don't see 9K at all likely. I think 11K is the bottom, and now it goes up. What makes you think 9K is possible? What chart are you looking at?

There are a ton of alts that are not needed and there will be many many more. This is just the start. I remember when there were less than 30. When we got more than 100 it seemed like there were tons. Now, wow...just going to get more and more.

[7Pro]

The dip is over now. Bitcoin will rise now!

So no more time to waste now and just action. If you want to miss the boat again  then just watch.

Yes, You right you can check the year 2015,2016 and 2017.
In all those years bitcoin price is very low in starting months like Jan and Feb, But at the end of the year it rise again.
I also think it price is going to reach 40000$ by the end of this year.

Nice believe and confident then. Reach $40.000 is not smal and easy job for bitcoin. It can be reaching because nothing impossible in crypto but its still difficult. Be realistic

[Forward_Thinking]

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.

The best time to buy was yesterday 

[Forward_Thinking]

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

Well, I am not so sure I want to publish charts, but I did describe my analysis earlier in the thread:

"Thanks for asking, but I don't have the chart posted anywhere and I would have to upload it somewhere to show it here.

Basically, the price seems to have gone above the downward trend-line it has been following since 1/15/18. Breaking above that trend is a big shift. Also, my estimate is that on 1/21 the price fell below where the BTC price would have been had December not had such a crazy shot up. I now believe December was an outlier. So, if you remove December's crazy growth, we have now reached (1/21) and then gone under (1/22 to today) where BTC should have been had December not gone crazy.

My estimate of where it would be today, if not for December is 12,500. Since we are both under that line (below 12,500), and also now breaking the downward trend from the past several weeks in an upward manner, I think we have already hit the bottom.

If you don't throw out December, we are due for rise to 18K to 24K which is why you see that number a lot.

I'm doing things differently by suggesting December is an outlier. When you find an outlier in research, you should throw it out.

The December to now drop is 50% (almost). That's not normal for Bitcoin - clearly an outlier. If you remove December, we are right on track for where we should be today, just a little under which should mean growth is coming back soon.

Throw in that people are waiting to jump back in, and who knows where it rises to. But the clearest signs I see are we are at, or already hit the bottom, the floor.

I know I sound sure, but I'm new to charting, so I'm not sure. I'm good at research, but new to charting Bitcoin though I have followed the community for years."

[bitcampaign]

I think that bitcoin will soon rise from the very low and bitcoin will skyrocket and pump so the price will be high

[awawo]

Yes I believe same that bitcoin will rise very soon because the deep fall time will soon be over and the price of bitcoin will skyrocket any time soon, despite the fact that bitcoin is very volatile in nature one can still easily judge it movement considering it past success because as at this time last year bitcoin price was a little above $1000 and we saw what the price was as at the end of November-december it rise to up to $20k so I believe the price of bitcoin will rise soon.

[Ctn]

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 stagnancy of the bitcoin price is due to versatile factors. This covers different amendments in the regulations of Korea, China against the use of crypto currencies. They had major impact since they drive most of the volume into the crypto currency. After the event everything sank down to bottom.

Later on crusher news like China new year, Financial year end came in hot making everything stagnant at some point.

However, it’s the time when everything will be cleared as people will start getting into bitcoin again rather than altcoins.

Altcoins has no future this year except the ETHER.

[adiksau0414]

Same with the other cryptos. Its part of the Process in the market or in trading. People who holds bitcoin is in the sense of their panic. And hoping that this downfall will come to an end. As of now, the price of bitcoin is stagnant to the price of 10-11k. We cant also predict when will the rise of bitcoin will start. But we all know that this will come and everyone is waiting. That predivtion is giving hope to the bitcoi holders, to just hold the coins and wait.

[AriannaSantosUU]

Its normal that price will go down. It is also normal that it may rise soon. So to those people who is not yet investing to cryptos should start investing now.

[Mr.Junker]

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?

not at bottom I think, bitcoin has passed through the past. the movement of bitcoin values ​​I think is normal. if seen bitcoin development has skyrocketed to the moon although the value is not as expected. the process through which bitcoin is very long, and still will continue. based on your opinion about the success of bitcoin fore I think is true. maybe the value will reach 20k $ in years or even more.

[Forward_Thinking]

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

Well, I am not so sure I want to publish charts, but I did describe my analysis earlier in the thread:

"Thanks for asking, but I don't have the chart posted anywhere and I would have to upload it somewhere to show it here.

Basically, the price seems to have gone above the downward trend-line it has been following since 1/15/18. Breaking above that trend is a big shift. Also, my estimate is that on 1/21 the price fell below where the BTC price would have been had December not had such a crazy shot up. I now believe December was an outlier. So, if you remove December's crazy growth, we have now reached (1/21) and then gone under (1/22 to today) where BTC should have been had December not gone crazy.

My estimate of where it would be today, if not for December is 12,500. Since we are both under that line (below 12,500), and also now breaking the downward trend from the past several weeks in an upward manner, I think we have already hit the bottom.

If you don't throw out December, we are due for rise to 18K to 24K which is why you see that number a lot.

I'm doing things differently by suggesting December is an outlier. When you find an outlier in research, you should throw it out.

The December to now drop is 50% (almost). That's not normal for Bitcoin - clearly an outlier. If you remove December, we are right on track for where we should be today, just a little under which should mean growth is coming back soon.

Throw in that people are waiting to jump back in, and who knows where it rises to. But the clearest signs I see are we are at, or already hit the bottom, the floor.

I know I sound sure, but I'm new to charting, so I'm not sure. I'm good at research, but new to charting Bitcoin though I have followed the community for years."

Updated analysis...it looks to me like like 11600 (or around there) is the new floor. That is a very new pattern, so it's less stable than what I used above. But it also fits with my theory that we should be closer to 12500 today, and we are not there yet. For me...I want to see us breakthrough and hold above the 12500 line, which by the way, is at 12750 for February 1st (it is a rising slope).

[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?

not at bottom I think, bitcoin has passed through the past. the movement of bitcoin values ​​I think is normal. if seen bitcoin development has skyrocketed to the moon although the value is not as expected. the process through which bitcoin is very long, and still will continue. based on your opinion about the success of bitcoin fore I think is true. maybe the value will reach 20k $ in years or even more.

Are you saying you think the price will continue to fall below the current levels? I don't think so. I think the overall falling pattern is over and has clearly been broken. I think we are now "over sold" meaning it is very likely the price rises in the near term. How high? I'm new to this and I feel like maybe I understand the falling prices, now I have to learn the rising price predictions. My estimates vary.

Today, I think we should be at 12,500, at least. Maybe if we break above that line we see a sharper rise. I can see reason to call for 13,000, 15,000, 18,000, and all the way up to 24,000 in the most extreme version of the next few weeks. 13,000 clearly seems the most reasonable. But I'm doing this a little differently than most, and most are expecting we rise to 18,000 to 20,000.

[habibruis]

Nowadays Bitcoin price has become unpredictable. We can only guess depending hour past experience about increasing of bitcoin price. I invested in bitcoin on 17 December 2017.  Bitcoin price has been decreasing after that time. I am also waiting for increasing bitcoin price.  I believe the price will rise soon. 

[denzkilim]

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: 11,883

Price now while writing this
$11,732.50

I think the new bottom of bitcoin is around $10,000 dollars to $11,000 dollars and soon it will continue to rise to achieve its ceiling. The good news from south korea "Not Banning Bitcoin" will make the market grow big again the following days.

[princ.imran]

Bitcoin price was dropping but that's a very small amount. Now price is risen. Day by day bitcoin price is increase able.

[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: 11,883

Price now while writing this
$11,732.50

I think the new bottom of bitcoin is around $10,000 dollars to $11,000 dollars and soon it will continue to rise to achieve its ceiling. The good news from south korea "Not Banning Bitcoin" will make the market grow big again the following days.

Price is now: $11,537

I see a solid bottom pretty close to $11,600. What makes you think it will hit $10,000 to $11,000?