discuss the market?

[mika11]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

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[collins3]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

field field in the following nagỳ are already have a commeted on the terror, you can see that the bitcoin value in the past through the next shrinking and the following parsing, the bitcoin will be be be be be available on the 6100 $ and if this this block is broken, the bitcoin will be be large size 4000 $. The field is currently in the period of the period of the length of the length of this time that do that was probably happenable.

[Bardman]

Nothing yet, it looks bad so far, no signals of reversal so btc below 6k seems possible. We will see how the market reacts to that, maybe a strong bounce, maybe not, you just have to wait for the signals, going in early is a plan for disaster.

[Slow death]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Of course it will fall to  $5000, just see how many threads are being created post that the price will fall to $5000, $4000,  $3000 and the radicals make prediction of  $2000 is missing someone say that will fall to  $0. with these many comments and lack of demand has become a certain fact that will fall a lot, this was not a good year for bitcoin, this being a very bad year for bitcoin

going in early is a plan for disaster.

even if it has some disaster, this will not be a problem for those who want to Hodl for years

[Yaunfitda]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Isn't it that bitcoin has recovered to $6500 already? Why is people still trying to predict that it will go down further. I understand that we are in a bear situation for half a year, but does it mean that people are giving up and thinking that bitcoin will goes go below way way below?

I see thread popping saying that bitcoin will go as low as $1K-$2K which really surprises me. Don't they fully trusted that bitcoin is so resilient from all this FUD that it can bounce back again? I'm sure that we are a bit on a struggle but I'm very optimistic that we can hurdle all this barriers.

[Kemarit]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Isn't it that bitcoin has recovered to $6500 already? Why is people still trying to predict that it will go down further. I understand that we are in a bear situation for half a year, but does it mean that people are giving up and thinking that bitcoin will goes go below way way below?

It is because TA has somewhat pointing that $5,500-$5,800 will be the bottom. As we all know the previous bottom we have is around $6500, so we have reached that already. But it seems that this market is fluctuating and everyone is expecting that daily traders will take profits as soon as the price goes on a +$500 so I'm also thinking that we can go below $6000, but I hope that I'm very wrong.

I see thread popping saying that bitcoin will go as low as $1K-$2K which really surprises me. Don't they fully trusted that bitcoin is so resilient from all this FUD that it can bounce back again? I'm sure that we are a bit on a struggle but I'm very optimistic that we can hurdle all this barriers.

I hope though that you are not affected by this kind of FUD because we all know that its part of the system. Everyone has its own opinion and even predicting the death of bitcoin. So I advise you to just observe and see how the market recovered and prove them all wrong.

[harizen]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Im not an enthusiast of giving a prediction with the current market behaviour in bitcoin sijnce I don't have a plan to sell for long period. That's your opinion so be it.

Instead, Im asking others, why they really care and concern for price decrease to the point that they keep asking others what's their view about it? Are they planning to buy more and just waiting for more dips? Are they wants to minimize the losses? Or wants to do a short term trades?

Generally, trust our own process and just do what we think is good providing it's really worth to give a shot.

[Bardman]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Of course it will fall to  $5000, just see how many threads are being created post that the price will fall to $5000, $4000,  $3000 and the radicals make prediction of  $2000 is missing someone say that will fall to  $0. with these many comments and lack of demand has become a certain fact that will fall a lot, this was not a good year for bitcoin, this being a very bad year for bitcoin

going in early is a plan for disaster.

even if it has some disaster, this will not be a problem for those who want to Hodl for years

I'm not a big fan of holding for years, sure history shows that holding for years seems to be a good idea but there is going to be an end to that, maybe bitcoin has hit it's ATH forever, holding for years in that case wouldn't really be a good idea. Also holding for so long it's only really possible if you have a good amount of money.

[fmirg21]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Im waiting it to drop hard to reenter with a large position and never look again at any chart.

[atrocityx]

I'm not a big fan of holding for years, sure history shows that holding for years seems to be a good idea but there is going to be an end to that, maybe bitcoin has hit it's ATH forever, holding for years in that case wouldn't really be a good idea. Also holding for so long it's only really possible if you have a good amount of money.

I definitely agree, hodling only really makes sense from an ICO price or shortly after and even then projects from here on out will start disappearing.  We are definitely in a massive MASSIVE ICO bubble with the amount of projects coming into this space and most cannot survive.  My spin is also everyday you're holding is a day you aren't making money, which is the same as losing.  This market really only has about 2-3 years of easy money left before it becomes a lot slower and less volatile... it seems crazy to me to spend that entire time just hodling one project,

As far as the market I think we are in a dumb zone.. I don't intend to really participate until we decide that we are closing on a daily candle above 6800 or if we're gonna fall flat and retest 5k (or even 4.5k)  Right now I'm sort of neutral bullish, meaning I think the end of the bleeding is really close, its just a matter of how bad capitulation makes the last little bit bleed. The manipulation behind the infamous bart candles leads me to believe that someone knows something behind the scenes, which I think will be the catalyst to get all of this to stop... which is the Bitcoin ETF for large players will be approved with Ethereum now following shortly after.  I definitely am not comfortable shorting or longing this market on leverage, and am instead focusing on other things waiting for Bitcoin (or its manipulators) to find its way... Hopefully soon, perma-long to 50k.

[Missterio]

The summer market is very boring and nothing happens. I think that we should not expect growth now. The main events await us in the autumn and winter. If growth is possible then it will be at the most unexpected for all time.

[Bardman]

I'm not a big fan of holding for years, sure history shows that holding for years seems to be a good idea but there is going to be an end to that, maybe bitcoin has hit it's ATH forever, holding for years in that case wouldn't really be a good idea. Also holding for so long it's only really possible if you have a good amount of money.

I definitely agree, hodling only really makes sense from an ICO price or shortly after and even then projects from here on out will start disappearing.  We are definitely in a massive MASSIVE ICO bubble with the amount of projects coming into this space and most cannot survive.  My spin is also everyday you're holding is a day you aren't making money, which is the same as losing.  This market really only has about 2-3 years of easy money left before it becomes a lot slower and less volatile... it seems crazy to me to spend that entire time just hodling one project,

As far as the market I think we are in a dumb zone.. I don't intend to really participate until we decide that we are closing on a daily candle above 6800 or if we're gonna fall flat and retest 5k (or even 4.5k)  Right now I'm sort of neutral bullish, meaning I think the end of the bleeding is really close, its just a matter of how bad capitulation makes the last little bit bleed. The manipulation behind the infamous bart candles leads me to believe that someone knows something behind the scenes, which I think will be the catalyst to get all of this to stop... which is the Bitcoin ETF for large players will be approved with Ethereum now following shortly after.  I definitely am not comfortable shorting or longing this market on leverage, and am instead focusing on other things waiting for Bitcoin (or its manipulators) to find its way... Hopefully soon, perma-long to 50k.

Yeah, that's my point, unless you have a ton of money and you can throw around thousands of dollars and hold without having to worry, holding isn't really an option for everyone. Yeah, the ''bart pattern'' is really getting too obvious at this point and it happens every single day almost. It's definitely a no trade zone for me too, I would rather wait for confirmation and get in late even if it means losing a better entry than getting in right now and get rekt by some random crash.

[darkangel11]

the bitcoin will be be be be be available on the 6100 $ and if this this block is broken, the bitcoin will be be large size 4000 $. The field is currently in the period of the period of the length of the length of this time that do that was probably happenable.

You're not making any sense. Sober up before going online. And why are you stuttering? Recently every thread is full of halfwits.

It is because TA has somewhat pointing that $5,500-$5,800 will be the bottom.

TA predicts the bottom by comparing the current chart to 2013, but it fails to take into account that this is a completely different market. We have more institutions, more total investors, more coins on the market, more exchanges, more laws... We're not in Kansas anymore

[atrocityx]

Here's an article I found today guys explaining bart patterns, what is going on with them, and potentially how to trade them...  was thinking of doing a write up myself but this article explains it so well, I just will plug theirs:

https://medium.com/@getgoodcrew/best-guide-to-trading-barts-you-will-ever-see-c4fb0db24ff

[Sony.UK]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

This market downtrend is already recover in slowly and it will never move to below 6k USD because still many of them trusted in the Bitcoin so this move to raise again. I think bull run is start soon and no one is predicted when it will going to peak. May be this year it will reach some decent marketcap because some regulation comes in many countries so peoples are buying continuously this will move forward.

[gantez]

I also don't see the market dropping more than it has done already. It has gone higher than $6500 and so price is beginning to look up. The market is retracing back.

[annango]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

This market downtrend is already recover in slowly and it will never move to below 6k USD because still many of them trusted in the Bitcoin so this move to raise again. I think bull run is start soon and no one is predicted when it will going to peak. May be this year it will reach some decent marketcap because some regulation comes in many countries so peoples are buying continuously this will move forward.

Truly, members’ in this market are completely free to give prediction, so why they don’t have a positive thinking for their prediction. As we know that bitcoin and many more other crytocurrencies are well-known for its highly volatile. It’s quite normal when the market’s in downward trend. Definitely, there’s no dip forever, the market would recover. Instead of getting panic , We’d better to take advantage of the drop to buy coins so that we can reap a huge fruits. Especially, don’t never ever have such a negative thinking like that.

[fiulpro]

I think with many countries trying to take steps against Bitcoins it's making people scared and they are now trying to get out of the market  and offcourse the false news is always on the go .. these kind of news are making everything worse.
And also we are seeing some positive ones but you know they are something that's not causing some huge impact.
And not only the Bitcoins but all other altcoins too are seeing a huge downtrend. The whole economy of cryptocurrencies is down.
I think it's hard to recover because it's now nearly 3 times , but we generally tend to see the nice waves around November so we all should wait till now for anything to make a good move.

[newinbtc]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Isn't it that bitcoin has recovered to $6500 already? Why is people still trying to predict that it will go down further. I understand that we are in a bear situation for half a year, but does it mean that people are giving up and thinking that bitcoin will goes go below way way below?

I see thread popping saying that bitcoin will go as low as $1K-$2K which really surprises me. Don't they fully trusted that bitcoin is so resilient from all this FUD that it can bounce back again? I'm sure that we are a bit on a struggle but I'm very optimistic that we can hurdle all this barriers.

If Bitcoin reacheas 2000$ After Growth 20,000 $ . Media will create news thus It will lose hope To gain retrust on Bitcoin. And Its naturally That situation will be worst in Time. People will lose All the Earning.

Bitcoin Is Illegal in many countries already due to illegal use By companies Who deals in Dru*gs and Other Works.

Hope we see some postive news That will Increase Bitcoin price back to Normal

[Nerman]

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

Since this was posted a few days ago, during that days everyone is quesioning if the $6,000 support level will hold. I do not understand people why they doubt it. The $6,000 support area have been tested multiple times. That is the strongest support level we have.