who else has the feeling that bitcoin will keep going down?

[f150]

that feeling, all Bitcoin users must feel it so also with me. I also still keep Bitcoin in my personal wallet because I am very sure Bitcoin will rise again, even if it goes up slowly or takes a long time I will always hold it until the time comes for me to be able to sell it.

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[Panna1981]

Feeling yes, but what is it based on? I don't know, maybe the state of Bitcoin this year. A lot of bearish sentiment and a market where a bullish state was suppressed or overrun lots of times. Maybe that's how you get depressed in real life, bad news after bad news.

But in general I believe in Bitcoin and freedom through cryptography.

[stelee68]

9 out of 10 forumers here on BTT will say BTC is at bottom, good entry point, best bargain, etc.

I can tell you that investors aren't stupid. The stage of FOMO is over since Dec 2017 at ATH, now is the bear sentiments and BTC price won't reach even USD$10k in short or mid term.

I have been tempted to re-invest in BTC at various price points, and boy! am I glad that I didn't. 

Common sense is mostly enough to prevent you from buying wrong dips.

What I do is calculate the probability of certain levels to become strong support levels, and based on that I allocate a certain percentage of my capital to buy these dips.

From $19,000 to $15,000 is a dip, but one that you should ignore.
From $15,000 to $11,000 is a dip, but again one that you should ignore.

I started buying back with a small percentage as soon as we broke $10,500. I used a small percentage because the likeliness of this being a strong support level is low.

The most of my buy back activity happened between $6000-$8000 and I am more than satisfied with that.

For me, I don't have much common sense  

I don't believe in TA charts as well. I do take note of the length of time (eg. days or weeks or months) that the BTC price had been stagnated at various support levels, and decide from there how much I would like to risk.

For BTC, its very unlike stock/share/FX/commodities, and thus far I have yet to see one who can predict the BTC price correctly based on charts.

[Fuhre]

apart from that, until now there are still many users who have a feeling that bitcoin prices will come back down. especially the big investors and their new investors would expect prices to go down so they could buy more bitcoins to invest and multiply their money in the future.

[aardvark15]

who else has the feeling that bitcoin will keep going down?
I am not against bitcoin nor do I want to spread FUD but every day I am with the feeling that bitcoin will continue to lower its price. In spite of that, I still keep my cryptocurrencies.

The reality is that we will probably experience several months of price fluctuations in all cryptocurrency markets. This is what happened in 2014 and 2015 after the last crash at the beginning on 2014. The price dropped but then just bounced around in a price range of around $200 to $600 for probably a couple of years. We could see the same thing happen this time but with higher prices.

[1Referee]

For BTC, its very unlike stock/share/FX/commodities, and thus far I have yet to see one who can predict the BTC price correctly based on charts.

Bitcoin's speculative nature is indeed full of surprises, but in some cases the probability of a major correction to happen is quite easy to point out.

Last year was the perfect example;

# Crucial $20,000 level was coming closer during a major bull run.
# CME opening =  sell the news.
# Tax sales.

It still doesn't offer any guarantees, but the way higher probability was enough to convince long term holders to liquidate a large chunk of their coins, and that's exactly what they did. Smart people have bought back at least everything that they sold, but there are too many coins in circulation still from those who haven't bought back or are no longer going to buy back. As long as these coins are circulating we aren't going to see much improvement, unless an ETF pops up suddenly sparking demand.

[f12345]

Stoch RSI has been oversold for over 24 days now. Bounce should be coming but volume support is needed. Otherwise we'll keep bumping around 6400-6600$ range.
I am still holding if it breaks 6K for whatever reason I will add more.

[okissabam]

Same here and I do think Bitcoin will keep on going down, this year would probably be the opposite as of what had happened last year. And it is possible that Bitcoin will keep on going down because it is already half the year and it has not reached to at least $10k yet; it is even having a hard time trying to reach that amount so I am expecting it to maybe even go lower than $5k this year.

[vickybitcoin]

who else has the feeling that bitcoin will keep going down?
I am not against bitcoin nor do I want to spread FUD but every day I am with the feeling that bitcoin will continue to lower its price. In spite of that, I still keep my cryptocurrencies.

I think people like you who thinks negatively of bitcoin everytime the price went down has the big impact why the price keeps falling. Actually people with mind like you do are one of the reason why the price would continue to go down because of your negativity and spreading negative thoughts to other people's mind especially new investors to come and join will definitely think twice because of  your negative thinking.

[bocyaj]

who else has the feeling that bitcoin will keep going down?
I am not against bitcoin nor do I want to spread FUD but every day I am with the feeling that bitcoin will continue to lower its price. In spite of that, I still keep my cryptocurrencies.

I don't feel that bitcoin will keep going down .Because we know the nature of asset will increases automatically when the demand of that asset is increased.
If the whales play role to increase/decrease in price.It will not continue not for 10 days.If the price reduced,the demands increases and impact the bitcoin price increases.

[AnonBitCoiner]

in the near future the price is unlikely to grow and it adds up the impression that it sinks much lower than now

Did you just come up with this or is your opinion based on some signals? I can say with confidence that we are now at the bottom. More bitcoin will not fall. Soon speculators will not be able to restrain the growth and the price will go up. But I am not sure that the growth will be very large. It seems to me that this year bitcoin will not cost more than $ 10,000.

I don't why people get depressed by the minor fluctuations.It is just an fluctuation ,it had both positive and negative raise.Use both the situation to buy and sell the bitcoin.You have buy at low price and sell at high price for the huge profit.But it will not occur in a single day,you have to hold it to taste the sweet.

[TooDumbForBitcoin]

in the near future the price is unlikely to grow and it adds up the impression that it sinks much lower than now

Did you just come up with this or is your opinion based on some signals? I can say with confidence that we are now at the bottom. More bitcoin will not fall. Soon speculators will not be able to restrain the growth and the price will go up. But I am not sure that the growth will be very large. It seems to me that this year bitcoin will not cost more than $ 10,000.

Amen brother! ~$4,800-5,000 is average electricity costs for miners.  Such scenario will be great for overall crypto market. For now the situation is sadly(

[fabiorem]

I have. Everytime it goes up, I feel its a bull trap, and I dont buy. Some hours later, the trap is confirmed. This happened several times already.

[STT]

Its only a bull trap if the overall trend is down.   Thats not always been the case even recently.  Sometimes it would do better to buy in even if only short term and sell later.

Rather then rely on feelings to indicate the direction of a globally traded asset, I would just look at the base prospects such as population of users, usage, utility availability in bitcoin and related apps.   If all those things are rising its probably not especially negative even in the longer term.   The other side to consider is the case for dollar which is the current de facto standard.

  The balance of the two, old and new is what gives direction and the price is on a very long leash to that with alot of speculation of course

[Chachacoin17]

who else has the feeling that bitcoin will keep going down?
I am not against bitcoin nor do I want to spread FUD but every day I am with the feeling that bitcoin will continue to lower its price. In spite of that, I still keep my cryptocurrencies.

I don't feel that bitcoin will keep going down .Because we know the nature of asset will increases automatically when the demand of that asset is increased.
If the whales play role to increase/decrease in price.It will not continue not for 10 days.If the price reduced,the demands increases and impact the bitcoin price increases.

Hopefully the whales will take over this month or next following months this year, and same as other who has positive thoughts towards bitcoin had a feeling that bitcoin will not crash down its price. If there's a possibility that more people will become education with bitcoin, that's one way to consider as great factors the price will increase substantially. No matter how crucial the current situation, as long as the community remains intact bitcoin will recover what's has been lost of its value.

[n0ne]

I don't think that the price keeps on going low. From my personal thinking it is a kind of scenario that is common with the cryptocurrency network that has taken place in the past years. This time it looks big, because the price began to fall low from the peak value downwards. Also in between when it was predicted to cross $10000 it rolled downwards.

[luckybtccasino.com]

we are going to keep seeing everything bullish but it will happen in some time from now, i do not understand why you are expecting to see everything in a x2 tomorrow.

[Gameroid]

apart from that, until now there are still many users who have a feeling that bitcoin prices will come back down. especially the big investors and their new investors would expect prices to go down so they could buy more bitcoins to invest and multiply their money in the future.

Yes still such matality of people are there, but i think that they are totally wrong because i personally cannot see any such reason which can bring bitcoin back to such a low level, but i am sure that bitcoin price will continue increasing its price and much more possibilities are that bitcoin price will hopefully cross 50000$ in next few years.

[mace15]

we are going to keep seeing everything bullish but it will happen in some time from now, i do not understand why you are expecting to see everything in a x2 tomorrow.

Yes we can see bullish soon but we do'nt know when is the time for rising up. I am still feeling it will going down but for sure we can see the market in a good trends. So for now i am bright to see were in good market soon.

[voltagecrypto98]

And it has been proved FUD from the latest update of market. Price of cryptos may go down or up. But FUDs will not allow traders to make decision properly. So if we expect something good from the market, we should not spread this kind of FUD or speculation.