iillaa (OP)
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A MAN SEEKING FOR KNOWLEDGE
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March 30, 2018, 03:42:48 PM |
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how long btc will keep bleeding ? and is it to late to sell ? are we in the bottom of the dip ?
thank u
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LtMotioN
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March 30, 2018, 03:53:53 PM |
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I would personally say we are definitely close to the bottom now. I wouldn't sell it now to short it if I were you. We probably need one very good sell off before this ends. Remember that you should be buying now, BTC is on discount. Even if the price keeps dropping just keep putting your surplus money in that you can afford to lose. It will pick up again one day.
If we break 5k I think we are in for a bad time though. I'm not a TA expert / nor a full believer in it though so take the above with a grain of salt.
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Dogs are nice, I don't like cats though.
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2start
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March 30, 2018, 03:54:43 PM |
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I think you should know the information about the bitcoin price chart from year to year, the scheme is always the same, I hope the price scheme in this year is the same as in previous years.
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romandos86
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March 30, 2018, 04:16:44 PM |
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Keep Calm and wait!Every year bitcoin loses its positions in the start of the year, it's the normal situation.
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mk4
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Paldo.io 🤖
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March 30, 2018, 04:25:13 PM |
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People weeks to months ago have said 15k was the bottom, 12k was the bottom, 9k was the bottom, 8k was the bottom, and now: 6.6k is the bottom. Is it too late to sell? No, not if it continues to go lower.
Bottom line: no one knows where the bottom is.
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boy130
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March 30, 2018, 04:29:31 PM |
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People weeks to months ago have said 15k was the bottom, 12k was the bottom, 9k was the bottom, 8k was the bottom, and now: 6.6k is the bottom. Is it too late to sell? No, not if it continues to go lower.
Bottom line: no one knows where the bottom is.
I recall about 3 weeks ago we were in the exact same position, and then it increased back to $12,000 over a week or so. If this happens again, I will be strongly suspecting market manipulation as that would be highly suspicious. I actually feel like we're not at the base of the dip yet, that will probably be around $5,000/6,000 or so. |
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JavanaJe
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March 30, 2018, 04:38:46 PM |
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if I look in the mirror of the previous year, maybe the bitcoin price will improve in the middle of the year, but by 2018 there is something different from bitcoin, that is, crypto advertising prohibition, this may have an effect on the future of bitcoin.
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jpespa
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March 30, 2018, 04:38:46 PM |
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We can never know how long the bitcoin price will continuously go down but it is possible that the price will go lower than we can expect as long as bitcoin dump will continue. In my opinion it is now too late to sell your bitcoin because the price is really low but if you are expecting that the price will continuously sink then it is your decision if you will sell it or hold and expect for a comeback.
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mk4
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Paldo.io 🤖
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March 30, 2018, 04:39:24 PM |
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People weeks to months ago have said 15k was the bottom, 12k was the bottom, 9k was the bottom, 8k was the bottom, and now: 6.6k is the bottom. Is it too late to sell? No, not if it continues to go lower.
Bottom line: no one knows where the bottom is.
I recall about 3 weeks ago we were in the exact same position, and then it increased back to $12,000 over a week or so. If this happens again, I will be strongly suspecting market manipulation as that would be highly suspicious. I actually feel like we're not at the base of the dip yet, that will probably be around $5,000/6,000 or so. Although price manipulation could be a reason/cause, a small bounce back up in price before crashing back down or a "dead cat bounce" like some people call it (correct me if I'm wrong) isn't necessarily an indicator of price manipulation. |
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BitcoinBoster
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March 30, 2018, 04:40:05 PM |
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Yes, no, I think that soon bitcoin will start to recruit its price again and will reach thousands of $ 20
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Skieleton
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March 30, 2018, 04:42:58 PM |
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how long btc will keep bleeding ? and is it to late to sell ? are we in the bottom of the dip ?
thank u
We all probably are worried. Such a large drop in prices is difficult to accept. A lot of people bought BTC as it cost 9k $ in January. For them it must be terrible. |
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sebr1ng
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March 30, 2018, 04:47:47 PM |
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I think that if you are a true believer you will hodl, but as said numerous times - only invest what you can afford to lose. I'm going to buy more and wait for the recovery. With the wide adoption of crypto in general I don't think it can go any lower, since many of us "true believers" will start to buy and thus recover the price. I think it can happen very soon.
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partysaurus
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March 30, 2018, 04:50:21 PM |
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it might go back to 1k we never know , i dont believe it will reach 1k, but i have been wrong alot of times about the crypto market.
I think 5k is the bottom and it wont go lower. but yeah you never know, im not selling and if bitcoin and crypto is ever going anywhere people need to stop shitting their pants as soon the corrupt media start their normal fud bullshit against bitcoin and other crypto.
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TravelMug
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March 30, 2018, 04:50:31 PM |
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how long btc will keep bleeding ? and is it to late to sell ? are we in the bottom of the dip ?
thank u
NO one knows for sure. We have been in this situation for close to 3 months now and its seems there's no stopping this bleeding. However, please bear in mind that we can't sustain this kind of bearish trend for so long. We may wake up one day with one positive news that will reverse everything. As far as the bottom, I'd say we are almost there, very close. maybe around $5K will be the bottom for me before we can see some semblance of a rally. |
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enjotan
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March 30, 2018, 04:53:28 PM |
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depending on your point of view, and especially what you plan to do next. frankly, I do not know this situation will end. but, it will not go down forever. because after all, bitcoin will grow again even though nowadays it's almost impossible. I have confidence, the possibility of the market will stabilize in May
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ClownSpider
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March 30, 2018, 04:53:51 PM |
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We are at the bottom no. Starting to see some large BUY orders making it jump to 7k and 7.2k last night.
Buy now or forever hold your peace.
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SeniorRalap
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March 30, 2018, 04:57:03 PM |
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how long btc will keep bleeding ? and is it to late to sell ? are we in the bottom of the dip ?
thank u
I think the decline will soon be over. It has been going on for nearly four months. The price of bitcoin has dropped from $20,000 to $6,800, and I don't think it will cost less than $6,000. Now we can't give up at last, or we will lose a lot. |
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coinycoiny
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March 30, 2018, 04:59:31 PM |
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We are at the bottom no. Starting to see some large BUY orders making it jump to 7k and 7.2k last night.
Buy now or forever hold your peace.
And this is what you said a few months ago. BTC is cheap right now!
So, don't listen to ClownSpider as his record is pretty poor |
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IMMBAGGA
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March 30, 2018, 04:59:45 PM |
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No one can forecast. Different views though may be expressed by different people.
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onnz423
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March 30, 2018, 05:02:35 PM |
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The trend will continue until there is a reason to stop. At the moment I cannot see such a reason anywhere near, so it's likely to continue either until it runs out of steam, or until some positive news halts it. Since a lot of advertising surrounding crypto has been blocked, good news will be harder to come by as time moves forward.
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