The big schock coming! But to which levels? 8500 or further?

[dj_andreasgr]

the market acts like it is a dead market...strange!

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[trickyriky]

Yes, I think it could go as low as 8000$.
On one hand it is not a big surprise because technical analysis did say it will happen on other hand i am furious on myself because i did buy some alts exactly before the last dip , i had no to be aptient only 1-2 days and my plan would have worked. Stupid. Hope I will learn.

It can fall even lower, but then raise. I suppose March will be the time to watch Bitcoin fluctuation. The same will happen to altcoins.

[ILoveOnions]

Seems that the bottom is in? Not really sure, but seems like.
It dipped below 7000!

Cheers,
JJ

[imapessimist]

I expect more fall in the next 24 hours.  Even if it does seem to ralley a little bit now. 

[trickyriky]

The big shock has come and gone.  Maybe a bigger shock will be coming soon.  But in reality the shock was that Bitcoin went to 20k.  Not that it has fallen below 8K for now. 

It was a Big Pleasant Shock when Bitcoin was over 20 thousand. Now this fall can cause a depression of some investors.

[trickyriky]

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

It is always difficult to predict it, especially now, when the maket is down. Bitcoin can have a really great fall unfortunately, but later it will recover.