freightjoe (OP)
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April 01, 2018, 09:30:49 AM |
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If you look at the total developments - and not at the wild volatility from day to day:
December on average was around 15.000$ for BTC Peak was in December where BTC was at 20000$ January was on average around 12.500$ February was around 10.000$ March was around 7.500$
It is not difficult at all to see where this is going......
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David Vo
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April 01, 2018, 09:34:54 AM |
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I do not think so, prices are so low and April bitcoin will increase more, continue to fall is difficult, see the upcoming market
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freightjoe (OP)
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April 01, 2018, 09:36:01 AM |
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I do not think so, prices are so low and April bitcoin will increase more, continue to fall is difficult, see the upcoming market
See the upcoming market??? We are now close to 6000....... But to the blind everything looks like gold.....
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SuperD007
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April 01, 2018, 09:38:43 AM |
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It's anyones guess what could happen, my personal opinion is that it will bounce back in typical Bitcoin fashion... bounce back with a vengance, probably to new record highs. Off course, just my opinion... anything is possible.
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rlkiwi
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April 01, 2018, 09:41:17 AM |
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Im really not sure in terms of future values if BTC will bounce back to its once highs or if its seen its day, My XRP has been plummeting like a rock
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Kingigolo
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April 01, 2018, 09:50:13 AM |
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Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get very close. I'm waiting for more bad news so I can buy more.
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freightjoe (OP)
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April 01, 2018, 09:53:07 AM |
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It's anyones guess what could happen, my personal opinion is that it will bounce back in typical Bitcoin fashion... bounce back with a vengance, probably to new record highs. Off course, just my opinion... anything is possible.
Reality is that Bitcoin has never bounced back with a vengeance as you say after the bubble burst in December. Reality is that every bounce is smaller. Every time we see a rebound the new top is lower than the previous top, and every dip is deeper.
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freightjoe (OP)
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April 01, 2018, 10:20:37 AM |
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Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get very close. I'm waiting for more bad news so I can buy more.
Sounds like the typical HODL strategy: First you buy the dip at 12.000. Price increases to 14.000 and you do not sell because you HODL Now the price dips to 10.000 - you buy the dip some more. Price increases to 12.000, and you do not sell because you HODL The the price dips to 8.000 - you buy the dip some more Price increases to 10.000, and you do not sell because you HODL Now we are at 6.000 and you want to buy the dip some more. Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy.
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hatshepsut93
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April 01, 2018, 10:26:16 AM |
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I do not think so, prices are so low and April bitcoin will increase more, continue to fall is difficult, see the upcoming market
Bitcoin had a rally that lasted for almost 2 years, now the tide have turned so it's very unlikely that the new bull run will start anytime soon. This is not a FUD, that's just how markets work. So, it will continue to slowly decline, maybe a lot (to 3-4k), maybe not much (5-6k), but it will take some time, at least a few months but I won't be suprised if it will last longer. But I don't think there's any problems for us hodlers, we can wait for as long as it takes until we reach the moon.
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selezneve
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April 01, 2018, 10:52:21 AM |
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If you look at the total developments - and not at the wild volatility from day to day:
December on average was around 15.000$ for BTC Peak was in December where BTC was at 20000$ January was on average around 12.500$ February was around 10.000$ March was around 7.500$
It is not difficult at all to see where this is going......
You should not forget that before December it was $10000 also. It moved to $20000 in very less time and this was just due to manipulation by big whales. Since there were no reasons behind this increase, the price had to get corrected. What you see now is the reasonable price for bitcoin. You can expect it to grow steadily and it may reach $30000 based on the growth it has shown in past 8 years. We may see more manipulation and you can also cash out with it.
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warrior333
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April 01, 2018, 10:55:01 AM |
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Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get very close. I'm waiting for more bad news so I can buy more.
Why lower prices for bitcoin is bad news? With low bitcoin prices, people will have more opportunities to buy coins and become part of the bitcoin community. Many people call bitcoin a pyramid. But the pyramid can be called any business project. That a dollar or any Bank isn't a pyramid? At any price for bitcoin, you can make a profit. It is only necessary to change the strategy in time. It should be understood by all.
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airdagon
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April 01, 2018, 11:06:23 AM |
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hello sir! it seems you are a good fit to be a expert crypto ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) this is just a mere Bullshit, I do not think prices will fall anymore. the price may not fall below the $ 4,000 - $ 5,000 mark. IMO mid-April, prices will start to increase again, indeed, no one knows the prediction problem for the future, but I'm sure the bull market will soon pump up and get closer again with bitcoin.
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hiker
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April 01, 2018, 11:15:03 AM |
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(Almost) anything in possible in crypto. But the more price goes down (or up) from some moving equilibrium point, the more pressure is for the price to come back.
What we discuss here is basically what this moving equilibrium price equals today. Is it 10 000 or 5 000? There are both fundamental and technical determinants to the EP and their interplay is what should be considered.
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LFC_Bitcoin
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April 01, 2018, 11:16:01 AM |
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If you look at the total developments - and not at the wild volatility from day to day:
December on average was around 15.000$ for BTC Peak was in December where BTC was at 20000$ January was on average around 12.500$ February was around 10.000$ March was around 7.500$
It is not difficult at all to see where this is going......
Not that simple is it, otherwise we’d be at $0 by the end of 2018. Haven’t you ever seen a bubble in bitcoin before? The price always stops going down at some point, people see cheap coins & load up then a reversal occurs. Worth remembering bitcoin hasn’t even been in existence for 10 years yet, whilst some trends repeat there is certainly no fixed, textbook rules that dicate what happens in bitcoin. Bitcoin is an uncontrollable animal at times, even people with decades of experience in stocks & money markets can’t accurately, with any confidence get price movements right.
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Oasisman
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April 01, 2018, 11:17:08 AM |
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Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get very close. I'm waiting for more bad news so I can buy more.
Sounds like the typical HODL strategy: First you buy the dip at 12.000. Price increases to 14.000 and you do not sell because you HODL Now the price dips to 10.000 - you buy the dip some more. Price increases to 12.000, and you do not sell because you HODL The the price dips to 8.000 - you buy the dip some more Price increases to 10.000, and you do not sell because you HODL Now we are at 6.000 and you want to buy the dip some more. Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy. Not unless if they planned to hold it for a long time, lets say like 1 year or more. But, in a more general and practical point of view its really a lose following that kind of strategy. Its really different when youre an experienced trader, you know how to play the dip and temporary pump, not to mention how profitable it is when you master the market price flow
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Harlot
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April 01, 2018, 11:22:31 AM |
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So the new method of predicting the price of Bitcoin is now subtracting 2500$ every month? I would have to say that you are brilliant as you have come up a formula for Bitcoin's doom as Bitcoin will be priced at 0$ after the last day of June. But to keep things straight you don't know where Bitcoin's bottom is as buyers are already lining up their orders as they even see this current price as an attractive buy zone, we are already seeing a price rejection at the 6500$ level and we might have a short term bull run soon.
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gentlemand
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April 01, 2018, 11:24:06 AM |
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Another soulless mong whose time has come.
Enjoy making hay while the sun shines. I hope there's a spring in your step and you service your man or woman with renewed vigour while it lasts.
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lablab03
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April 01, 2018, 11:29:31 AM |
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Its impossible to happen. As we see there's still a strong support on $669 value and in fact sometimes the price always climb back to 7k which it's strong proff that there's still a tends of price to soar again on this month of April, And perhaps this down trend is just a correction and after this it will jump again.
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eduvacation.net
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April 01, 2018, 11:46:43 AM |
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Let's see if your speculation will happen this April. The possibility can still be bitcoin prices to be around $ 5000 because it is supported by analysis from various parties stating that bitcoin prices have been getting death cross.
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Denker
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April 01, 2018, 12:13:20 PM |
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Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get very close. I'm waiting for more bad news so I can buy more.
Sounds like the typical HODL strategy: First you buy the dip at 12.000. Price increases to 14.000 and you do not sell because you HODL Now the price dips to 10.000 - you buy the dip some more. Price increases to 12.000, and you do not sell because you HODL The the price dips to 8.000 - you buy the dip some more Price increases to 10.000, and you do not sell because you HODL Now we are at 6.000 and you want to buy the dip some more. Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy. Until the bear market ends and reverses. Hodlers have a long term outlook of Bitcoin' price development. And as many of them believe in BTC's potential as they basically understand it's fundamentals, it is not that hard for them to go through a longer bear market. Hodlers hold for years, many of them don't want to sell for USD. They just wait until the can buy houses or whatever with it and enjoy the financial freedom and monetary sovereignty. And as long as you're not selling, you're not losing!
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