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Author Topic: When this dip could go up  (Read 280 times)
GreenishCoin
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March 28, 2018, 07:19:59 AM
 #1

Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.
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March 29, 2018, 06:42:01 AM
 #2

All I can say is only the price of bitcoin would go up is when the supply and demand of bitcoin is high in the market.
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March 29, 2018, 08:22:54 PM
 #3

Just be patience. It would be wise if you clam down for a while.  I know we are very impatience in matter of money, but if you clam down, you will be gainer because in very near future cryptocurrency will revive again. It would be the currency of future.
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March 29, 2018, 08:30:25 PM
 #4

At the moment the bears are in control. The price could drop below $7000. Only negative news is spread and that will not help to get over the dip. But just keep the faith and hodl, the price will increase eventually.

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March 29, 2018, 08:46:24 PM
 #5

At this time the market has dropped to 270 billion and is dangerously close to the 250 mark, which has behaved consistently in these bearish times as an important support line.

We must be attentive to the progression of the market in the coming days before this critical trajectory. It could mean an important point of entry to buy expecting a new rebound above 300 billones, or in case of breaking the support we could expect a truly catastrophic scenario in the coming days.

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March 29, 2018, 08:50:14 PM
 #6

All I can say is only the price of bitcoin would go up is when the supply and demand of bitcoin is high in the market.

Price could go up when the demand is more than the supply in the market if supply is more and demand is less than the value of bitcoin will throttle down hence we should not sell out bitcoin during the price dump which creates more problem.

   
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March 29, 2018, 08:52:25 PM
 #7

 The market is currently very harsh and anything can happen, including further dips, but it doesn't mean we will be there forever. we cant say when the market will recover but we all know it will in the long run
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March 29, 2018, 08:56:06 PM
 #8

Regardless if it goes up right away or in a few days, its at an optimal buying zone now. Think about the long term!

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March 29, 2018, 09:36:38 PM
 #9

not this month absolutely because everything is bleeding.
right now we are testing $7000 support and it could go lower than that in the next few days later on.
no idea how long it will takes,
the only thing that i know for sure right now,everything will go down from this point onward until we are exhausting the bears.
keep the cash on your pocket and buy it back after we are reaching $7000 or less than that.

i heard someone said about $4000 as the bottom or we will reach that point in the future.
it sounds a little bit crazy,but everything can be happen with it right ?
so stay your hand and keep holding some cash on your pocket.

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March 29, 2018, 11:33:29 PM
 #10

Nothing is so sure when this bear get tired as this will keep the crypto price bleeding. I hope that lowering the price will attract more new investors that are willing to hold their coins in longer terms to help reverse the trend.

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March 29, 2018, 11:53:41 PM
 #11

Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.

Sorry mate but there's no way that anyone can really say when can we recover. Marketcap is totally being hammered as well and we are down around $270 billion as of the moment and bitcoin is just around $7K and ETH much worst at $3++.

There's bearish trend has been lingering more than expected and its time to bounce back. The problem is that there's no news that will really chance the attitude of the investors. Its like they are just waiting from the outside observing if they will go buy back bitcoins or just stay out. Well, April will be coming, so let's all hope for the better.


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March 30, 2018, 12:09:16 AM
 #12

It's time to fortify and hodl. We are sliding downstairs since the bulls are a spent force at this time in the cycle. Bumpy road ahead.

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March 30, 2018, 05:41:41 AM
 #13

Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.

What else would you expect during a bear market?

Yes, the market cap for all crypto is now below $300 billion. But really most of it is still led by bitcoin's crash. So I think analysing bitcoin's price is much more helpful than analysing all of crypto's market cap, which can fluctuate due to new coins entering the space.

We're currently seeing some support at $7k, in the most optimistic scenario we will see this dump slowly come to an end and the $6k bottom will hold up. But just as likely it could go in the opposite direction and continue its downward spiral. And of course if the $6k support doesn't hold up either that is going to be a huge blow to traders that will probably panic even more and dump further.

Anyways, we're not going to see any major bullish activity any time soon. There may be a small recovery, but that's not enough to reverse this bear market.

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March 30, 2018, 05:43:24 AM
 #14

Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.

this is why you should never use market cap to talk about cryptocurrencies! it is utterly useless.
releasing a new shitcoin with 1 billion supply and $1 value can increase the total market cap $1 billion. also pumping a shitcoin with 100 billion supply increases the supply easily, now imagine how going from $1 to $2 in one shitcoin with that much supply can do to the total market cap!
this is how ETH is staying on number 2 also. it has 72 million premine and nearly 100 million total supply which is making a fake market cap for it.

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March 31, 2018, 02:31:32 PM
 #15

Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.
I think currently Bitcoin and altcoin is green in market we should expect the more profit in future. So Bitcoin is back to form in know again all are interested to buying cryptocurrency this will change the crypto platform. April is the best growing time in this year so it will supporting to next month.

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March 31, 2018, 02:32:47 PM
 #16

At any moment.

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March 31, 2018, 02:44:32 PM
 #17

All I can say is only the price of bitcoin would go up is when the supply and demand of bitcoin is high in the market.
That's the basic theory. But whales always have the opportunity to manipulate prices. They have dropped a large number of coins and now maybe they are slowly buying them cheaply. When they buy the required number of coins they will leave the market and only then will the price go up. Therefore, the price of bitcoin depends more on the actions of whales than on demand.
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March 31, 2018, 03:30:22 PM
 #18

I'm very much convinced that the whales don't have hand in this because the fall from $8,950 from last week has been a gradual and steady fall since then till this time. By this, I think the coin at the moment have stabilized its price movement and soon will pick for upwards again.

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March 31, 2018, 04:40:42 PM
 #19

apparently no one can exactly answer you for now on when the manipulation will stop and if the whales can be satisfy from their hunger we can never know for sure, The thing that I only know is bitcoin will sure recover from this because whales will intentionally buy again after selling so much of their funds while bitcoin is keep on moving upward because of recovery, So we just need to hodl and wait when that happens.














 

 

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March 31, 2018, 04:57:01 PM
 #20

I think is dip that was caused by panic. Is nothing but this recent FUD and the banning news by the media on icos. So this is not the first time we have seen such dip. We saw it early this year if we still remember. The point is, no one can give the exact time for a bullish.

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