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Author Topic: Bitcoin market has already hit bottom for 2018  (Read 1793 times)
bungutko
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April 24, 2018, 01:10:26 PM
 #61

I think it's too early to say that bitcoin descended to the bottom and now it will only grow. Bitcoin will still have corrections, but when and how low it will fall or who can not say. The waves will still be there.

yeah right. bitcoin didnt actually hit the bottom yet because 6k is still too big to be called a bottom rather we can call it bottom only when it reaches 3k up to 1k usd dollar. And yes , bitcoin will still have a future corrections therfor we cant just be happy right now , instead we must still make our back up plans or plan b if ever our plan a which is bitcoin will fall.  



I think the price of bitcoin depends mainly on whether more new funds are encrypt, the volume of transactions in the last few months is very low, and we don't see more new investors joining, and I think this time is a good correction for bitcoin. Soon the market will come back, and many big organizations will add encryption.

Yes , the price of the coin will still depend on the demand and supply. i think the demand these past months are low , that is the reason why bitcoin became stable and somehow decreases a little bit bit now , the current market is now recoverring.



I have the same thoughts with you, bitcoin prices are market dependent, if many requests of course the price will rise. Now bitcoin starts to recover and touches $ 9000 price, but does not close the possibility of correction will return.

I think so, bitcoin may had already hit bottom during the bear market last march this year. Bitcoin is playing at $9k USD where I think this is already stabilizing at this price level and still getting stronger than ever. I believe that the price may hit high as the bull market is establishing position to spike in the coming months that would be beneficial to the bitcoin investors.
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April 24, 2018, 03:25:57 PM
 #62

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?
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It has come down very low in 2018. It's price peaked in the year 2017. At the beginning of the year, the price came down a lot. There is complete faith in bitcoin. The price will be revised again. Now prices are rising. Currently bitcoin price is $9300. I think now the price will not come down, it will increase.
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April 24, 2018, 03:30:21 PM
 #63

Thats not good i feel bad about it we need to think a plan on how to change the flow of bitcoin or on how to made it to the top again. I believe that the price may hit high as the bull market is establishing position to spike in the coming months that would be beneficial to the bitcoin investors. Moreover, through its both development and reputation, there are much more bad rumour or bad news from bitcoin, even almost governments of many different countries are trying to ban or prevent people from using bitcoin, which makes a huge influence in bitcoin value.
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April 24, 2018, 03:31:46 PM
 #64

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?

Bitcoin went down a lot this year if we compare it to December, but I'm not so sure we've already touched the bottom. It could be, but this market is too unpredictable at the moment.

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April 24, 2018, 03:32:12 PM
 #65

I believe yes we already have hit bottom for this year.
And now I think bullish will keep continue till end of 2018 but of course with little correction in the way.

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April 24, 2018, 03:56:18 PM
 #66

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?




We can't say that we already hit the bottom of 2018 because we are still on the fourth month of the year but I hope that would be the bottom line of bitcoin because I believed with their predictions that bitcoin this coming months would be the best for bitcoin especially in the end of this year.

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April 24, 2018, 03:57:05 PM
 #67

Well, I honestly think that you have a good point there my friend. In fact, I even think that the price of bitcoins as of today is a clear sign that we are about to see the bullish season again and that the bearish season is almost over. The only thing that bothers me is that bitcoin may not go up as much as last year since a lot of people have already woke up and realized that alts have a lot more potential to give better profits that bitcoins. Other than that, I think we're good.
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April 24, 2018, 04:00:35 PM
 #68

bitcoin price is swinging and because of that behaviour many bitcoin holder are panic selling thier coin maybe this the reason why btc price now is dropping down. "may be" and hopefully bitcoin this year will hit to the highest price this year.

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April 24, 2018, 04:01:46 PM
 #69

We are just in the bottom but after this year or maybe before the year ends it will bring back the last years price, but talking about technology. If somebody doesn't know what really is it then the forward move will keep slow, but if a person knows what is the capability of bitcoin and its blockchain then maybe banks will complain. However, banks are important also to consider to make digital currency as fiat. Bottom will shake till the soda will burst.
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April 24, 2018, 04:05:24 PM
 #70

i think we all hope that this was the bottom this year but nobody can say this esactly !
I hope we reach back to the 10 000 mark soon !



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April 24, 2018, 04:26:32 PM
 #71

In the past few years, the price of bitcoin has fluctuated continuously, which is of course, in 2018 bitcoin prices down very low, but I think in the coming time, the bitcoin market will grow, many people use bitcoin , and bitcoin prices will stabilize again.
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April 24, 2018, 04:32:19 PM
 #72

Yes bitcoin is still exists in my country because government  is not banning crypto currencies in my country but yhey didn't accept it too  ibecause they had no power to control bitcoin in my country.
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April 24, 2018, 05:18:34 PM
 #73

Bitcoin prices have fallen sharply this year. I believe that by the end of the year it will grow very beautiful. May be $20,000 - $25,000. Same waiting
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April 24, 2018, 05:42:49 PM
 #74

It is correct that Bitcoin hit the bottom line but it look likes that Bitcoin can shoot up from here, in April to May it will be float around 8K to 10K. After that it will go up rapidly very rare chances to dump again.

It will be stable quickly as crypto family growing day by day who loves Bitcoin.
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April 24, 2018, 09:34:16 PM
 #75

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?

I know Bitcoin's value is low now in 2018 compared to 2017. It's a big difference but I know the btc will recover, and I feel it. It is still the beginning of the year, it will change and more will happen. We can not say much higher than last year.
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April 24, 2018, 10:06:00 PM
 #76

bitcoin price is swinging and because of that behaviour many bitcoin holder are panic selling thier coin maybe this the reason why btc price now is dropping down. "may be" and hopefully bitcoin this year will hit to the highest price this year.
Are you watching the market before posting your views.  Roll Eyes The market is promising for the past few days and the price has climbed to $9k and you are talking about panic selling when the market is going strong. We might not hit the highest price this year, but we will have a good momentum at the end of this year and hopefully we will have a big rally next year.
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April 24, 2018, 10:13:11 PM
 #77

Still got two thirds of the year left and that leaves plenty of time to find scarier bottoms. To me at least the market at present looks entirely like bots looking to rape shorts and longs. There's no FOMO and little regular demand.

If said bots decide it's more profitable to brutalise the price in the near future I'm not so sure there'll be many people interested in trying to stop them.
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April 24, 2018, 10:14:29 PM
 #78

Bitcoin prices have fallen sharply this year. I believe that by the end of the year it will grow very beautiful. May be $20,000 - $25,000. Same waiting
The recent fall is very big and it wasn't expected by most. However it can also signify that the upcoming pump to come is also big.

It's reaction to the past incident where the rise is also big so the fall for the bottom has been big and luckily it was done. This is now the time for bitcoin to start moving up.



 

 

 

 

 

 


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April 25, 2018, 06:56:39 AM
 #79

Although bitcoin has the lowest point but bitcoin still has a very high price, and in 2018 this is the price bitcoin will show greatness with price increases to the moon again.

Technically, the volatility of bitcoin is what makes it reign on the market over the past years. Its value may decrease due to certain events and circumstances, but it would recover soon after. The problem nowadays is that, people tend to generalize and conclude that bitcoin will end soon, which I think is far from happening. Just to give you an example, last month the prices of bitcoin were around $7,500. Currently, its price is sitting consistently around $9,500 and will reach $10,000 soon.
That is why, bitcoin may hit the bottom for 2018 but it still is a good investment option for short-term yield/profit.

Bitcoin prices have fallen sharply this year. I believe that by the end of the year it will grow very beautiful. May be $20,000 - $25,000. Same waiting
The recent fall is very big and it wasn't expected by most. However it can also signify that the upcoming pump to come is also big.

It's reaction to the past incident where the rise is also big so the fall for the bottom has been big and luckily it was done. This is now the time for bitcoin to start moving up.

What makes the society skeptical is the media and collective influences from other investors as well. Most newbie investors who do not even know about bitcoin (who just invested without having to search for its background) tend to complain about the recent price drops, where in fact, it is a common scenario in the market. They tend to post threads about 'bitcoin ending in 2018' etc. which makes everyone else skeptical!

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April 25, 2018, 07:29:40 AM
 #80

I strongly agree with you that the bottom for the year 2018 has already been witness in the past weeks and the market is currently on an upward trend with the hope that the market will reach $15,000 the we are seeing the current trend.
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