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Author Topic: How deep can the bitcoin fall now?  (Read 336 times)
Ararbermas
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April 06, 2018, 04:46:25 AM
 #41

Hello

its really F*** up right now. i wanted to sell some coins next week now i see the bitcoin lost more theen 1,5k$ in past days without any reason there is no FUD or anything else rigth now but it still go deeper and deeper.

you think the mark of 8-9k$ is soon back?
  there are more reason why the price constantly decreasing,  but it doesn't mean it will collapse until it reach the worst price,  'cause sometimes when the value becomes cheap, there are some holders always buy back , which is a big contribution for bitcoin to rise again. So no need to worry just keep holding or accumulate more to gain more profits .


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lili song
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April 06, 2018, 07:16:56 AM
 #42

Bitcoin now drop down much, I see it happen maybe India banned bitcoin and Japan also. Maybe about this issue many people's panic and sell their bitcoin. And if some country banned bitcoin at least 50% people's will sell their bitcoin. But no one knows what will happen in the future.
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April 06, 2018, 08:29:49 AM
 #43

Most likely at least $4K

Could reach $1.5K.

I'm ready for it.

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April 06, 2018, 08:36:54 AM
 #44

Hello

its really F*** up right now. i wanted to sell some coins next week now i see the bitcoin lost more theen 1,5k$ in past days without any reason there is no FUD or anything else rigth now but it still go deeper and deeper.

you think the mark of 8-9k$ is soon back?
  there are more reason why the price constantly decreasing,  but it doesn't mean it will collapse until it reach the worst price,  'cause sometimes when the value becomes cheap, there are some holders always buy back , which is a big contribution for bitcoin to rise again. So no need to worry just keep holding or accumulate more to gain more profits .

The main reason is people still in fear of fuds and dumps that's why we can see that the price of the bitcoins go fall more harder. But I cannot expect or even imagine for this coin to get more dump to its worst price since as you said and that's what I believe many people will support and buy to climb back so that they could still get more benifits from the bits.

Bear market can make a strong man cry.
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April 06, 2018, 08:39:15 AM
 #45

It makes me also a little bit disappointed when I see the market so easily redness from time to time, maybe there are already more & more people are attacking it/affecting it becomes more redness.
If I'm guessing., about the possibility is certainly there, but it may take a long time.
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April 07, 2018, 05:39:52 AM
 #46

Hello

its really F*** up right now. i wanted to sell some coins next week now i see the bitcoin lost more theen 1,5k$ in past days without any reason there is no FUD or anything else rigth now but it still go deeper and deeper.

you think the mark of 8-9k$ is soon back?

We're still stuck with this bear market that may not go away until next year. So I wouldn't expect any sort of big profits being made on short to medium term bitcoin trading. We much more we can fall is honestly unknown, but I'd estimate probably around a $3000 fall from the current level is possible over the period of a year.

There isn't a lot of buyers right now and a ton of panic sellers and perhaps whales shorting the market or dumping their coins. Which is why prices are going down right now. Quite the norm in a bear market.

$8-9k could be back if this bull run turned out to be somewhat sustained. Price is in the green today and we've been consolidating at this bottom for the past 2 days. Perhaps there will be a rally to around $8k, but I suspect after that the prices will just continue dipping.

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April 07, 2018, 08:11:27 AM
 #47

Sometimes the best thing we can do is to take distance from the market, I know that it can be very hard to look at the charts and see that the price of bitcoin is not recovering at all and in fact that is going down once again, we know that the best strategy when it comes to investing in bitcoin is to hold your coins and that is very difficult to do if you're watching the price every single hour, in fact some of the biggest success stories in bitcoin were of people that bought bitcoin and then they forgot about it and then were able to sell for a huge price, if they were checking the price every day they will have been unable to hold for that long.
That works for a lot of people most of the time. It has worked for me in previous years when I started investing and then over the years when I saw how much my investment has gone so high, I guess worrying about the market became the least of my worry and the future started becoming something to look forward to.

Yeah, it took some experience to worry less, but as long as you have not gone all in and you are convenient with what you are invested, how far the deep should be the last thing to think, but how far the possibility of growth in the future is what is important.

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April 07, 2018, 04:50:31 PM
 #48

If we are talking about this week, it would be possible since weekend is almost here and we all know that when weekend starts, trading of cryptos slightly slow down. It will recover again probably Monday or Tuesday. Give it more time for Bitcoin to recover, I suggest uninstalling those mobile apps that tell you the price of coins and token.
Lol. Even if anyone uninstalls any app that informs them about the crypto price, I want to believe that no matter what, they are still going to one way or the other find out what is going on, unless they just want to completely shut themselves off from the internet. I also believe patience is what anyone needs now, most especially for those who have been trading. As long as you can have that, without bothering yourself what is going on with the market, such a person will definitely do well.

Yeah, it took some experience to worry less, but as long as you have not gone all in and you are convenient with what you are invested, how far the deep should be the last thing to think, but how far the possibility of growth in the future is what is important.
Probably, out your experience you may keep your coolness but I am unable to do so. When my networth is falling down, I am almost getting heart attacks even I am also a strong believer of the future of bitcoins.
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April 07, 2018, 04:53:04 PM
 #49

Bitcoin was dumped by nearly all parties involved ever since huge rally began. Basically dark days are here for so long and we are bored with it. I am expecting to see great surge in price just next month guys.

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April 07, 2018, 05:23:14 PM
 #50

Bitcoin was dumped by nearly all parties involved ever since huge rally began. Basically dark days are here for so long and we are bored with it. I am expecting to see great surge in price just next month guys

As per the previous movement, Bitcoin and all other coins will be hitting back on a positive side soon. All of the panickers is playing there game and I think the whales are also helping it somehow.
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April 07, 2018, 06:00:19 PM
 #51

I think it will go back to $8000 very soon, selling bitcoin now will be regretful. You have made loss but just for now if you don't sell it. If you sell, you would lost everything.

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April 07, 2018, 07:40:17 PM
 #52

It makes me also a little bit disappointed when I see the market so easily redness from time to time, maybe there are already more & more people are attacking it/affecting it becomes more redness.
If I'm guessing., about the possibility is certainly there, but it may take a long time.
When you say more people are attacking it,  what comes in my mind are the banks and the government. We are aware that banks opposed cryptos most especially bitcoin because it is affecting them.  The more people engaged in bitcoin hodling and online wallets,  less people are trusting banks.  All people want investments because it is for the future but banks have fixed rates for the amounts we will deposit whilst when we use online wallets,  we can earn as big as how much the profit can be based on the market price.  There is an opportunity to earn really big while holding BTC in wallets.  

With that way,  people are more interested in using online wallets than depositing on banks.  

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April 07, 2018, 08:23:29 PM
 #53

you think the mark of 8-9k$ is soon back?

It can go dip or deep,, then what should we do other than buying when we do recognise that bitcoin has a higher possibility of increase than any coins.. An 8000$ to 9000$ is reachable within a month or two and a 10000$ above price can be achieve within this year..

Frustration and disappointment for what happen in the market is normal reaction by a new investors and those experienced(old traders) one will just HODL..

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April 07, 2018, 09:50:55 PM
 #54

It does not look that Bitcoin will go above $6500 again.... Sell now and get your money.

 
Seriously, are you just here to create FUD and who the he'll are you to sag with full certainty that bitcoin won't pass the price of $6500. If you know that you are tried of holding and keeping you bitcoin, then simply sell off personally and don't drag others to your decision. At OP, nobody know how deep the price of bitcoin can go or been. Because cryptocurrency is very pretty uncertain.

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April 07, 2018, 09:56:35 PM
 #55

Hello

its really F*** up right now. i wanted to sell some coins next week now i see the bitcoin lost more theen 1,5k$ in past days without any reason there is no FUD or anything else rigth now but it still go deeper and deeper.

you think the mark of 8-9k$ is soon back?

Did not expect this correction lasting more than 100 days. This correction has almost caused 60 to 70 percent of loss compared to last December 2017. It’s good to see the value stay between $6200 to $6800 in last few days. Today we could observe a positive growth. Hope to see a good recovery very soon. Though we could read and come across with many positive news across, the bitcoin value and other crypto values remain under stable between few numbered percentage. Really disappointing to watch. But as this is common with crypto currencies, it should be taken in positive node and move further.

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JL421
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April 07, 2018, 10:46:32 PM
 #56

Bitcoin was dumped by nearly all parties involved ever since huge rally began. Basically dark days are here for so long and we are bored with it. I am expecting to see great surge in price just next month guys.
All of us are expecting that to happen but the price seems to stop and not move at all but i hope because i have heard many people saying the price is surely going to rebound let's just hope because even if it rebounds it's good for all of us

Slow death
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April 07, 2018, 10:58:35 PM
 #57

you think the mark of 8-9k$ is soon back?

 Grin

You know that no one in the bitcointalk has a crystal ball or some vidende, right? so all we can do are assumptions and talk about assumptions:

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 06

no big news, that means that you only expect a significant increase in a few months and do not panic, invest in the long term that will save you the stress of seeing the prices every day and still be profitable

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April 07, 2018, 11:26:57 PM
 #58

Bitcoin was dumped by nearly all parties involved ever since huge rally began. Basically dark days are here for so long and we are bored with it. I am expecting to see great surge in price just next month guys.
All of us are expecting that to happen but the price seems to stop and not move at all but i hope because i have heard many people saying the price is surely going to rebound let's just hope because even if it rebounds it's good for all of us
Price seems stable for now, it will surely go back on its track since it is just recovering from all the dumps that fuds given to it. We just need to pit our patience now.

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BartS
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April 12, 2018, 03:29:15 PM
 #59

Bitcoin was dumped by nearly all parties involved ever since huge rally began. Basically dark days are here for so long and we are bored with it. I am expecting to see great surge in price just next month guys.
It is precisely in these moments where you are the most susceptible to make big mistakes, and the reason for that is your boredom, when people are bored they do not put as much attention to the task at hand as if they were deeply interested in the subject so even if the current prices of bitcoin do not inspire you at all you still need to be very focused on what the market is doing, if you lower your guard it is possible that the market is going to move in a way that you cannot predict, so you will be taken by surprise and then you will take a bad decision because of it.
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April 12, 2018, 04:01:29 PM
 #60

Right now bitcoin has gained stability for a forward push. As a part the price of bitcoin stayed within the $7000 mark for a longer time period gaining stability. Now the sudden price pump crossing $7500 is because of the impact of the resistance break point.

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