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Author Topic: Bitcoin Trend Panic Sell Mar-Apr 2018  (Read 201 times)
BrewMaster
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March 16, 2018, 04:21:47 PM
 #21

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   

"gurus" in this context means "people who are shorting bitcoin at the moment". and OP is probably thinking about it too, in which case i should advise you against it. because that never ends well for anyone.

the fact is that the panic sell is already over. what we can not predict is that whether it will start up again and how strong will it be next time. and know that each time, the panic power diminishes.

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March 16, 2018, 04:35:24 PM
 #22

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   

If you aren't versed in shorting or trading against the tide then don't do it, otherwise you're just giving them your coins in the process. Most of the time, people are getting burned far harder than their losses is because they try to recover what's lost during a selloff while other traders just sit still and buy when the bottom is clearly drawn. Also, these gurus you refer to are probably enjoying the cheap coins they're getting from the panic sellers that's why they haven't made any concrete predictions as of late.

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March 16, 2018, 05:11:04 PM
 #23

Don't be to easy trust a news. Although bitcoin price is decrease but I think the price Will never down up to $ 2000. Most of people who sell their coin when the price down are those people do not have experience in the  crypto world. They panic selling and then they feel regret when bitcoin price increase again.

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March 16, 2018, 06:02:03 PM
 #24

Better learn Technical analysis yourself so you're not dependant on "gurus" n sh*t, lmao. You will do yourself a BIG favor if you learn TA, lots of money to be made.

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March 16, 2018, 06:23:48 PM
 #25

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   
I don't think price will go anyway near $2k by this year but another testing of $5k button is possible if price will not recover soon from this panic. There have been lots of fuds and legal restrictions for crypto this year which fueled panic on the market and we are swinging around 50% of ATH price.



If it would go to 2k, I'm sure many of the newcomers will be done with bitcoin for a while if not for ever.

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March 17, 2018, 05:47:11 AM
 #26

With something this volatile and new (its white paper was only published in October 2008), price analysis is almost impossible.
What we can predict is that the extreme volatility will
continue in 2018. Any investor curious about Bitcoin needs to understand the technology and the market behind it, otherwise they will panic sell the dips and get badly burned.

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March 17, 2018, 03:17:17 PM
 #27

The price is going to $800. I'm already at a loss so I'm not going to sell it.

I think it might recover because of the technology behind it, but it will take at least two years.

This was all provoked by so-called "legitimacy". Regulations will just boost the bear trend even more.

You can hold or sell and buy back later. Its your call. Remember that the bullish trend is not over yet, and a bounce can happen at any minute.
It will always recover but the $800 you said spoiled everything. I really do not see this happening, and also I do not see how regulation is going to boost the bear trend but like I said, no one knows anything and all we can do now is to stop assuming and wait to see how the price and market reacts to the upcoming fundamentals.

A lot is changing in the crypto market, so I want to believe we just have to wait for it. Also, it depends on how one is looking at the chart, but from last year to this point, we are still bullish with the difference in the price even at this present dip.

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March 17, 2018, 03:38:08 PM
 #28

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   
I don't think price will go anyway near $2k by this year but another testing of $5k button is possible if price will not recover soon from this panic. There have been lots of fuds and legal restrictions for crypto this year which fueled panic on the market and we are swinging around 50% of ATH price.



If it would go to 2k, I'm sure many of the newcomers will be done with bitcoin for a while if not for ever.
I will tell you that not only newcomers but also many of those who have been with bitcoin sell your coins. Only newbies will wait until the price drops to $ 2,000. All traders will sell coins before the fall reaches such critical levels. Bitcoin is still a speculative asset. During the period of instability, speculators immediately withdraw their capital and increase panic.
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March 17, 2018, 05:34:44 PM
 #29

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   

Your thoughts are right. Do not simply pay any attention to the guys that start this panic. Let them sell their Bitcoins if they want it, but do not do it yourself.

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March 17, 2018, 06:34:58 PM
 #30

I see btc currently trending between 8000-10000.

was a very big drop if we compare with the price we reached in December ($ 20,000), but in the world of crypto anything can happen

Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$.


hahahahaha

So you believed that? haha ha

you see, bitcoins are limited and there is a lot of demand and demand is increasing, if more rich people join the boat, the price will rise, is a question of being patient

‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets

"Jane Street has always taken a considered approach to trading opportunities and will continue to do so. As more cryptocurrency products emerge, we expect to be involved."

" Other Wall Street investors have also already jumped onto the crypto bandwagon. Major American investor Bill Miller told reporters in December 2017 that he had invested a whopping half of his hedge fund’s money in Bitcoin. "


I dont know what should i do

hold your bitcoin and be patient you win, now if you panic and sell you will only regret in the future

Kambal2000
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March 17, 2018, 08:19:13 PM
 #31

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   

Your thoughts are right. Do not simply pay any attention to the guys that start this panic. Let them sell their Bitcoins if they want it, but do not do it yourself.
That is right, if you don't want to regret anything and kill yourself when the price goes up again to $20k or higher, I don't see any doubt now with regards to bitcoin, trust and believe in it really matters so if you are still in panic mode whenever the price dumps then you need to study a little more.
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March 17, 2018, 09:22:55 PM
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 #32

Bitcoin has trade below $8000 in recent time as a result of the actions of the panic sellers who couldn't hold their Bitcoin and other altcoins for a long period of time.  And the news about ban of crypto currency related adverts also culminate to the recent decline in the market value of Bitcoin and other altcoins.

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March 18, 2018, 07:58:59 AM
 #33

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   
I don't think price will go anyway near $2k by this year but another testing of $5k button is possible if price will not recover soon from this panic. There have been lots of fuds and legal restrictions for crypto this year which fueled panic on the market and we are swinging around 50% of ATH price.
I really do not think so either. Right now, I still feel $6k is going to be a strong support but we may never know anyway, since we know that the market can decide to do anything it likes as the case may be but I guess we only have the charts and time at our hands to see how this will end up playing out. The FUDs are part of it coupled with the dump by the MtGox trustees, but if we are going to be having swings for now, I just see it as a good way to play with the market for profits.
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March 18, 2018, 11:53:27 AM
 #34

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   

That's one of the reasons why price is going down,people believe some "experts" and come to the situation where you are.Although it is not impossible to price of one BTC can be 2000$ or less,it is really quite unrealistic that this happens.Those who make such claims are simply against ideas of cryptocurrency or it is all about to knock down price and buy as much as possible the at least possible cost.

Big players look at the investments in much wider picture then ordinary people,and also they not have problem to invest for long term.If for you today price is represents a problem,for them it is just a good investment opportunity.

You should do everything to protect your investment,but you have to learn to differentiate what is really bad news or fact or what is just FUD.

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