Time for that Long?

[1Referee]

The downtrend will continue till something fundamentally manages to reverse the sentiment, which is extremely difficult to achieve.

If we have to get out of current 'slump' without anything offering a helping hand, we can only let whales do their thing and absorb the excess of coins that are in circulation currently. The coins need to be taken off the market in order to get rid of a major obstacle for future growth.

Another thing is that the MtGox coin distrubition might play another important role to more coins coming back in circulation.

Positive aspect is that coins that have been sleeping for years are becoming virtually more expensive. With this I mean that instead of old hands holding Bitcoins bought at $100'ish prices, the coins dumped by them will land into the wallets of new investors having paid thousands of dollars for them, which significantly increases the base value of Bitcoin.

[htconem7]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

You can see that the market is constantly fluctuating and difficult to guess, so to be able to trade successfully at this point is very difficult to hit the Margin is very easy to lose, you will lose if only with a wrong judgment. So I think that at this point you should wait for the market to be better than can continue to trade.

[pey]

That is the bottom to me, and I am buying bitcoin as a long term investment now. As many people are aware of bitcoin now compared to past it will not definetely decrease to 3000

[usekevin]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

[samcrypto]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

Maybe that's already a bottom but we should not panic if this market continues to dump because it will rise again for sure. July is coming and I know it will be a great month for bitcoin and also for us. Bitcoin will increase instantly because those who sold at a loss will come back.

[impulse709]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

Still no sign showing that bitcoin will recover soon, but 7000$ is not really hard for bitcoin to reach. I think bitcoin will reach to 7000$ and then crash soon before making new peak.

[liuqi]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

It will raise in next peak so undoubtedly know this fact but peoples are eagerly waiting for the next hype. If you think it will grow in this month i do not believe your thoughts because current scenario no positive response are comes in the market. Then how it will raise in 7k USD may be it will stay in 6.5k USD i agree with you.

[biddicoin]

im still waiting for good news. i think only that to make bitcoin recover again
we cant predict where's bottom. ppl opinion said 9k 8k 7k 6,5k but that was wrong

[boyshx]

I think its not that long. This market has seen worst case scenarios before and thats why most of the people who are old here know this fact very well and they are literally very calm about this situation. We should not forget that bitcoin never started with this prices, these prices are already a lot for the bitcoin and if it really wants to sustain it then it has to have that much supporters from all over the globe and also they need to focus on holding and supporting rather than just selling it. So the bottom in reference to the current market cap might be here, but we will never be sure about it as it could go further down and time will only tell the truth to us.

[inspirone1]

There is a tricky word bottom, we can never know actually is there a bottom or we can plunge further.  In my opinion we will be going deeper for some time on. And only God knows, when it will end.

[matchi2011]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

Personally I think Bitcoin price will increase to next peak of 7000$ in a couple of days.But to get some profit at this raise,you have to hold the bitcoin.I hope that the price of Bitcoin will reach 7000$ before this month end.In this July,the price of Bitcoin will reach new peak.

It will raise in next peak so undoubtedly know this fact but peoples are eagerly waiting for the next hype. If you think it will grow in this month i do not believe your thoughts because current scenario no positive response are comes in the market. Then how it will raise in 7k USD may be it will stay in 6.5k USD i agree with you.

While many spectators are waiting for the rise, the whales will bring them to the other side, I'm sure its a test of how we do trust the system and how long we can wait, there's already a lots of good news but still no big pumped happened, it's quite annoying but we shall need to be ore patients if we wanted to gain otherwise we will stress ourselves and breakdown.

[SirLancelot]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

If I’m right, the price rate for Bitcoin today is $6220🤔😕 Hmmm… well, even if you invest now and price goes down to $2000, there is nothing wrong with it cause I’m very sure that before the end of this year the price recover above $10,000. So no loss, no matter how long its going to take, one thing for sure is that the price is going to recover and you will still make profit. This is the right time, there is no need to delay.

[Altero]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

It's pretty to imagine how such fall happen in just an hour, bottom? It might be. Its looks like market today is on the road for an in crease, though we won't expect such huge enough to compensate people who are patiently waiting. But it is good enough, at least we have seen progress from a long dip.

[Semaj123]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

If I’m right, the price rate for Bitcoin today is $6220🤔😕 Hmmm… well, even if you invest now and price goes down to $2000, there is nothing wrong with it cause I’m very sure that before the end of this year the price recover above $10,000. So no loss, no matter how long its going to take, one thing for sure is that the price is going to recover and you will still make profit. This is the right time, there is no need to delay.

Yeah, its value started to go up and still there is no assurance when will continue to increased. This quarter is not good for the crypto because everything fall down. Time for us to hodl because 3rd quarter will come by next week and let us see what will be the behavior of the cryptos.

[hollowdoor]

i dont' know why but i see now the market is make bottom with volume is very low,it means there are a few people want to sell BTC,ETH,there are not many people want to buy BTC ETH.it mean now the market is very balance bettween buyer-seller so i beleive the market will recorvery again,now the market need more good information to the market can go up

Explained well. From my point of view this the bottom for bitcoin and market will start moving from here.

[Nahl]

i can't predict the bottom price but i expect that price would be bottom price and the price will not fall more than that but market situations seems quite unpredictable even though we expect the price will stopped to fall but don't mean we would not see more fall and i personally fear too bottom price will still continue

[deadsilent]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

That's depend on news we are going to see this week. If it's just FUDs. No doubt, market will react and create a drop of its price. Many are posting their speculations and they'd even post some analysis with graphs and stuffs about their prediction. But most of them failed. This is only means that Bitcoin is hard to predict. So i don't believe even a professional analyst because no has the ability to know what exactly could happen to its price. Also the manipulation of the whales is what's keeping Bitcoin from dropping. It's like a pattern. We Bitcoin rising and sudden it drops. Anyway, im just here. Patiently waiting and hope table will turn for us and recover our losses.

[simpleholmes]

unfortunately we can`t know where is the dip and many times also I thought it must be dip but proved wrong, I hope this time becomes like april when btc bounced from 6k to around 10k.

[Akiko]

unfortunately we can`t know where is the dip and many times also I thought it must be dip but proved wrong, I hope this time becomes like april when btc bounced from 6k to around 10k.

The current price of bitcoin now is around to $6000 and I really don't know if what will happen this coming few months, if it's going down again or continue to rising the value.

[cydrix]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

It will continue to dip at this rate I also have my limits to what range I would sell and that limit is coming so what I'm about to do is selp before I lose everything. This month will not be considered as a good time for pump at least it's not expected to happen soon.