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ValerieChristaldi
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March 20, 2018, 08:28:07 PM
 #1

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?
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March 20, 2018, 08:33:41 PM
 #2

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

We breathed a sigh of relief after G20 not being negative towards bitcoin, they could have sent the price further down. Let’s just see how we go, would be nice to see above $10,000 again in the very near future.

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March 20, 2018, 08:36:10 PM
 #3

It's really unpredictable. We might see a bigger dip in coming days. But I personally think that the correction is over. Because the price is rising slowly.
Whenever the price rise very fast, it falls again. But this is time it is rising slowly.

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March 20, 2018, 08:40:17 PM
 #4

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

The price has recovered somewhat after a rather sharp fall. The current price is hovering around $9,000 which is still below the $11,500 levels seen a couple of weeks back. After the bad news about Google and Facebook acting against crypto-ads, we now seem to have some positive drivers.

We breathed a sigh of relief after G20 not being negative towards bitcoin, they could have sent the price further down. Let’s just see how we go, would be nice to see above $10,000 again in the very near future.

I would say that the G20 statement is positive.
https://www.marketwatch.com/story/bitcoin-holds-steady-as-one-analyst-calls-the-end-to-alt-coin-bear-market-2018-03-20
We acknowledge that technological innovation, including that underlying crypto-assets, has the potential to improve the efficiency and inclusiveness of the financial system and the economy more broadly,
There is some language about risks posed by cryptocurrencies, but that is to be expected.


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March 20, 2018, 08:54:52 PM
 #5

I would say that the G20 statement is positive.
https://www.marketwatch.com/story/bitcoin-holds-steady-as-one-analyst-calls-the-end-to-alt-coin-bear-market-2018-03-20
We acknowledge that technological innovation, including that underlying crypto-assets, has the potential to improve the efficiency and inclusiveness of the financial system and the economy more broadly,
There is some language about risks posed by cryptocurrencies, but that is to be expected.
That explains why price haven't dumped after it has been released. I hope to see more positive news in crypto soon because if there are more that will come up, it will signal the end of the crypto bear market we are seeing right now. I think G20 itself for now is generating a lot of demand(from it's positive statement).
It's really unpredictable. We might see a bigger dip in coming days. But I personally think that the correction is over. Because the price is rising slowly.
Whenever the price rise very fast, it falls again. But this is time it is rising slowly.
It rising slowly improves it's health rather than a fast bullish trend. For now, I think we are in the stabilization pace.
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March 20, 2018, 09:45:59 PM
 #6

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March 20, 2018, 10:07:19 PM
 #7

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

The price needs to be sustainable. The G20 thing really brings a lot of positive vibs in the air that's why we able to climb but its needs to be sustainable. Meaning we need fresh blood to pump the market. I do hope that those who exited already will go back because the market is already favorable to make invested.

Let's see how it goes if those investor will see it as golden opportunity to make money again. In that case, $10K will be the next barrier that needs to be overcome, otherwise, this might be another bull trap for all we know.



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March 20, 2018, 10:31:54 PM
 #8

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?
We move like a normal day in our daily life, everything is not perfect though, it's like a wheel of fortune. Sometimes it goes up, sometimes it goes down but we have to move forward in order to achieve changes. Do not live in the past you will not gonna find what's already done and that's what we called "life".

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March 20, 2018, 11:00:12 PM
 #9

Pretty much an expected event that I pointed out days ago already. Currently, the main challenge will be to continue rushing up as soon as possible through the $10,000 level. I am not yet comfortable to call a date where we will see the market reach over $10,000 again, and that's mainly because of how the short term demand doesn't seem to be strong enough to maintain even $9000 for a longer period of time. That being said, it may very well be that we have seen a brand new bottom being marked in the charts for ever, and that alone is already a great and worthwhile achievement. I'll give it a few more days before I come up with a more complete prediction.
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March 20, 2018, 11:05:59 PM
 #10

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

We move with the flow, if you buy in dip and with this increases you’re on your way to profit every cents in everyday. Slowly but surely give back the confidence that all been gone for days and patience that is being in question. Emotional relief to the community who were new investors and a excitement from those old investors who brought hundreds or thousands of crypto coin on lower price.

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March 20, 2018, 11:15:54 PM
 #11

Either by breaking out, or consolidating further, or last but not least dipping some more. Those are the 3 beautiful options we have, my money is on the first although I wouldn't be surprised if we got the others.

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March 23, 2018, 04:22:09 PM
 #12

Pretty much an expected event that I pointed out days ago already. Currently, the main challenge will be to continue rushing up as soon as possible through the $10,000 level. I am not yet comfortable to call a date where we will see the market reach over $10,000 again, and that's mainly because of how the short term demand doesn't seem to be strong enough to maintain even $9000 for a longer period of time. That being said, it may very well be that we have seen a brand new bottom being marked in the charts for ever, and that alone is already a great and worthwhile achievement. I'll give it a few more days before I come up with a more complete prediction.

The 6k in early feb or the 7.2k we saw just a few days ago? It would be a brave man right now to predict with certainty that the price won't test 6k again. As you said, there's so little buying pressure and also not much selling. Whichever increases first will decide where the market is going. I'd say more likely down just because large sell-offs can be triggered much easier than the FOMO buying.

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March 25, 2018, 06:30:05 AM
 #13

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

$9k resistance is still extremely strong at this stage.

We re-tested that level yesterday and failed to breach it, so that's two times we've failed to do that already. I think that is a signal that we may stay between this $8-9k range for some more time to come.

I doubt it's going to break out. If it does the target is still at $12k and then we hit the ceiling like the last 2 times, so IMO still very bearish markets at the moment. Unless of course some positive news come all of a sudden and causes a big reversal. Though, with the BTC markets clouded with new regulations, I just don't see that happening easily this year. Prepare to hold for a long year ahead. Undecided

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March 25, 2018, 06:53:05 AM
 #14

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?
We still can't be too certain about the price of bitcoin. A lot of things could still happen that could hinder or reverse the price movement of bitcoin. As volatile as it could get, the only thing we could hope for is for the price to continue recovering so that our altcoins could also recover from the dip as we know that most of the altcoins are price dependent to bitcoin.
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March 25, 2018, 03:01:52 PM
 #15

For me we are still not out of the woods yet and the bears and bulls keep fighting it out. We have seen the price goes to $9K already seems to be installed then suddenly went down -$500. So that's how the current sentiment is right now. Short term, the bears has still the upper hand, but long term I'm seeing the bulls taking over the market. Just another one positive news and we are good to go. And I hope that no FUD should pop up anytime soon.

The G20 news didn't sustained us, so I think we need something to boost the market and bring more cash flows. Right now the price is again stuck at $8500. Maybe we can see new hope at the start of the week.

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March 25, 2018, 03:17:34 PM
 #16

actually this is still a question mark for future bitcoin progress, articles from the G20 meeting which I think is reaping positive news, but positive news will be a certainty for the development of bitcoin in the world. ? I think a lot of bitcoin steps to fulfill the wishes of established rules, now just hoping for the good of the future.

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March 25, 2018, 03:18:30 PM
 #17

really so crazy circumstances now! we are still trapped in this jungle, so hard to stop the bear market. I think it will still take place in the next few days, we will soon meet the bull market in the coming weeks. the situation is Catch one's eyes. we should As Soon As Possible break the $ 10,000 mark in the near future, so this situation will not continue

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March 25, 2018, 03:25:51 PM
 #18

The question is how we move forward after this dip?
Just don't do anything crazy such as panic selling. You know what to do when we are on this situation from dip > rise so if you had profit already then sell but if you still got nothing then you can wait.

The G20 news didn't sustained us, so I think we need something to boost the market and bring more cash flows. Right now the price is again stuck at $8500. Maybe we can see new hope at the start of the week.
It did helped to retain the price at $8,500 and if it isn't for G20 we might be swimming now at $5,000.


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BitcoinPanther
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March 25, 2018, 04:17:38 PM
 #19

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

Somehow Bitcoin will have a difficulty to go up due to some whales or group of traders that wanted to buy Bitcoin at cheapest possible price.  These guys spread FUD all through out the marketplace and shake those who are weakhands.  So I guess Bitcoin will still tank for sometimes before blasting off.

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YuginKadoya
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March 25, 2018, 05:39:25 PM
 #20

We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip?

Somehow Bitcoin will have a difficulty to go up due to some whales or group of traders that wanted to buy Bitcoin at cheapest possible price.  These guys spread FUD all through out the marketplace and shake those who are weakhands.  So I guess Bitcoin will still tank for sometimes before blasting off.

They are all greedy and really want to get bitcoin for themselves, if I am a whale and can manipulate the market by means of selling my stocks and bought it in a most cheapest price then why not, They sure think that they can do something so freely in engaging in a mass sell out of their hodl bitcoin this can really cause other low ordinary investors to give up their bitcoin because they will think that bitcoin is really stumbling down apart, So it will lessen the community and they can keep it for themselves.














 

 

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