How low will this bear trend go?

[Choii]

No one can tell what exact long this bear trend go, but for me it will never go further perhaps it's around $5k then its started to rise again and this is the time to buy more and hold until the value increase again.

[1715228855]

1715228855

[cizatext]

Since bitcoin is very volatile one can not really tell the price is will get to before the all awaited bounce back, the negative news all around is deeply affecting the bitcoin market and the fud in the community is discouraging new investors from coming in. The rumors of government ban on bitcoin coming from some countries are all means use to drag bitcoin down but I believe after this blood bath in bitcoin price we are going to see a brighter day in bitcoin again.

[pocketfullofpoke]

I just don't know but since bitcoin's price is continuously getting low, i just hope that bitcoin's price will only reach 5,000$ all time low and starts to climb back again soon. All i can do now is just hodl on to it.

[davinchi]

An expert have a theory of the increasing price of bitcoin. I forget his name but he a CEO of a cryptocurrency company. His theory related to the number of bitcoin users. He predict that bitcoin price reach $7500 on december 2017. So based on that then I am sure that the real price of bitcoin in february actually between $7500-7700.  I think bitcoin price will not lower than $7500. It's just my oppinion.

I have been seeing some people that keeps on saying that the price of Bitcoin will go up around May this year, though one thing I’m not sure about is the highest it is going to reach, cause there have been various different predictions by the people– some of them claims the price will reach $70,000 or $75,000, others are predicting $20,000 to $25,000, while the rest are saying it will stop $50,000. I’m just hoping it works out as they say. $50k to $70k will be really good price rate.

[deisik]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

What would make these guys enter Bitcoin?

What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am

What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.

Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.

Yes, you got it right

The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets

[gabmen]

An expert have a theory of the increasing price of bitcoin. I forget his name but he a CEO of a cryptocurrency company. His theory related to the number of bitcoin users. He predict that bitcoin price reach $7500 on december 2017. So based on that then I am sure that the real price of bitcoin in february actually between $7500-7700.  I think bitcoin price will not lower than $7500. It's just my oppinion.

I have been seeing some people that keeps on saying that the price of Bitcoin will go up around May this year, though one thing I’m not sure about is the highest it is going to reach, cause there have been various different predictions by the people– some of them claims the price will reach $70,000 or $75,000, others are predicting $20,000 to $25,000, while the rest are saying it will stop $50,000. I’m just hoping it works out as they say. $50k to $70k will be really good price rate.

All these are based on speculations that pretty much have hollow basis. Even technical analysis isn't helping right now and everything is being overwhelmed by fud after fuds. I don't think its going to give us anything if we have high expectations. For all we know this bloodbath could go on the whole month and beyond.

[Lora_ng15]

tell bitcoin will fall to 5000, but I hope everything will grow again soon.

[Chandler32]

tell bitcoin will fall to 5000, but I hope everything will grow again soon.

Who knows.. might go even lower than $5k without any good news to reverse the market sentiment.

[icol333]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

According to CoinBase and some expert's opinion, $5000-$6000 is the lowest dip the price will go. And added with the FUDs from the news, possibly make the newbs on trading will go mad and sell a lot.

But really, who knows? If the system is similar to traditional forex, the price will recover up to 70% in the future. We can only wait for the big whales to pump the price again.

[Tungsten-1]

I just don't know but since bitcoin's price is continuously getting low, i just hope that bitcoin's price will only reach 5,000$ all time low and starts to climb back again soon. All i can do now is just hodl on to it.

$5000? Really? On what predictions are you saying this, because many other experts are claiming that the bitcoin will not go below $6000. Here everybody is talking about the decline of the bitcoin and till what level it will reach but no one is talking about when will this slum be over and bitcoin price will rise back. The present condition of the market is really very much demoralizing for investors as well as new comers.

[sofi@]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

Actually I am clueless, and I think no one here can ever predicts the value of bitcoin will going to be after this market crisis. Maybe this is really an opportunity for investment, or maybe bitcoin value should only be price up to this amount. All we know is that bitcoin will always fluctuates, it's unpredictable that's why many are continue hoping it will recover and reach another best high value soon.

[JohnEther]

Soon there will be a rebound to 12

[pinkflower]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

What would make these guys enter Bitcoin?

What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am

What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.

Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.

Yes, you got it right

The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets

I expect them to trade in both sides of the market either in pumping it or doing the big short. Do you think they did not enter the market when BTC went to its all time high? Or you think they didnt have a hand in manipulating the whole thing? You too must be kidding then.

[Ayiranorea]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

According to CoinBase and some expert's opinion, $5000-$6000 is the lowest dip the price will go. And added with the FUDs from the news, possibly make the newbs on trading will go mad and sell a lot.

But really, who knows? If the system is similar to traditional forex, the price will recover up to 70% in the future. We can only wait for the big whales to pump the price again.

Right now the whales has the potential to pump the market, as a beginning now small level of growth has taken place leading the value to be above $7000. This could stabilize at certain time interval and could move forward leading to the 12000 mark as majority of the users predicted.

[deisik]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

What would make these guys enter Bitcoin?

What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am

What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.

Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.

Yes, you got it right

The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets

I expect them to trade in both sides of the market either in pumping it or doing the big short. Do you think they did not enter the market when BTC went to its all time high? Or you think they didnt have a hand in manipulating the whole thing? You too must be kidding then

Whom are you talking about here?

I'm talking specifically about the Wall Street wolves and sharks. And no, I don't think that they had been buying Bitcoin when it went to its all time high. They might have been shorting Bitcoin then, and this is what I'm talking about. So let's be precise about what I mean and say. If you think that they might have been buying at highs, well, I guess you will have a hard time proving or just substantiating that. Personally, I don't believe in that for very simple reason. Prices would have surged a lot higher due to their sheer financial muscle, as simple as it gets. Now you are welcome to bring to the table your whole bunch of arguments for them buying up at all time highs. And then we shall see who is kidding whom. Just don't get lost

[magneto]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

I wouldn't be surprised if bitcoin goes under $5k. It's still going to be an overall gain of around 400% when compared to Jan last year, but obviously it's a huge drop from the all time high of essentially $20k.

How long it'll stay bearish though, it's hard to figure out.

We may have several small pumps to take bitcoin back up to $10k, just like the recovery right now. but I think it is quite unlikely that BTC gets up to another all time high until at least 2019-2020. That will be near the years where bitcoin's halving occurs, and the most hype is generated out of all the years.

During 2018-2019 though I think markets will stay relatively inactive.

[raven7886]

Pah. Anyone who says they know anything is talking out of their arse.

I've been utterly disgusted reading the crying today. People don't change. Everyone boasting about buying dips when it was shooting up would have to be shot in the face before buying at a genuine low when it arrives.

I don't think we're very near it myself yet. There's a lot of room below still and a lot more scared money than in 2013. There's also a lot more iceman money ready to relieve them of it when it gets low enough. They're the ones capable of looking beyond the next 30 minutes.

I like the way you said a lot of scared money. The powerful guys, the so called whales and institutions are always more in a position to drive the market. I am sure right now, they are with their popcorns, reading people's emotions on the chart, seeing if there are still some panic hands that are yet to give them some better profit and it baffles that a lot of people fall into their stupid trap anyway.

No one can give a factual statement when a bear will end until it ends, so we just have to wait, take some of our popcorns, and watch like the institutions.

[batang_bitcoin]

During 2018-2019 though I think markets will stay relatively inactive.

Well if this will happen then the whole crypto market will be quiet for awhile but this is base on your belief. I'm having some hopes that during the June up to the end of the year things will go fair and in favor to all of the crypto people. No one can tell for now but there's an indication now that the market starts to be kicking again. If bitcoin will stay $8k for a couple of days then its possible that we can see bitcoin active again and the whole market as well.

[pinkflower]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

What would make these guys enter Bitcoin?

What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am

What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.

Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.

Yes, you got it right

The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets

I expect them to trade in both sides of the market either in pumping it or doing the big short. Do you think they did not enter the market when BTC went to its all time high? Or you think they didnt have a hand in manipulating the whole thing? You too must be kidding then

Whom are you talking about here?

I'm talking specifically about the Wall Street wolves and sharks. And no, I don't think that they had been buying Bitcoin when it went to its all time high. They might have been shorting Bitcoin then, and this is what I'm talking about. So let's be precise about what I mean and say. If you think that they might have been buying at highs, well, I guess you will have a hard time proving or just substantiating that. Personally, I don't believe in that for very simple reason. Prices would have surged a lot higher due to their sheer financial muscle, as simple as it gets. Now you are welcome to bring to the table your whole bunch of arguments for them buying up at all time highs. And then we shall see who is kidding whom. Just don't get lost

Im also talking about the Wall Street wolves, sharks and sheep in wolf's clothing.

Thats where we disagree. I think they also had been involved during the bull run. Some of them might be insiders who already knew BTC will be listed as a futures contract by the end of 2017. As you already said, these people are wolves and sharks.

I also disagree that prices would have surged higher. Why would they do that at their expense. Once they see that they cant make money in the market when its going up, they would start planning to make money by it going down and its what they exactly did.

[siopaotsin]

Currently, the price of btc is slowly recovering but it's not definite if the price will go bounce back again with its old price or will it go bearish till 6-5k usd. It's really dependent on the whales who can manipulate the market with their holdings