Where next? Preparing the ground for the big players!

[Jahmal32]

https://www.tradingview.com/x/gtvj5kwl/
Please note that we are now at the level of 0.618. And if we go lower, the next one is 3000. And this is a change of trend! Of course the prices are just amazing to buy. But whether there will be so many buyers, after such ruin!

[gorodi]

2 days ago it became clear where we were moving all this time. I assumed such a development of events, but to the last hoped that the market would go up

If you look at the graphs, you will see that the prices of the cryptocurrencies are always fluctuating. If the market is red now, it means that soon, the altcoins will start gaining again.

[culuuton]

The market is dropping big now. But i have always high hopes that the market will still recover soon. If the market did not recover this year. Next year will be the year of cryptocurrency.

In previous years when Bitcoin decreased many times, each time it was reduced, it increased more strongly than before.Therefore, it is likely that the market will increase again.I also believe Bitcoin will come back and create a surprise for us.

[Taner]

After the recent fall, some currencies are already beginning to uptrend, for example Mana. In my opinion, bitcoin is also on this way.

[Kasabus]

The market is dropping big now. But i have always high hopes that the market will still recover soon. If the market did not recover this year. Next year will be the year of cryptocurrency.

In previous years when Bitcoin decreased many times, each time it was reduced, it increased more strongly than before.Therefore, it is likely that the market will increase again.I also believe Bitcoin will come back and create a surprise for us.

It sometime we look for the better chances that bitcoin brought to us. We've never been be discouraged for just this thing alone and be disappointed.
We've been expecting more that is why we truly enrage when we saw market goes down.

[kakonhat]

We are approaching an important event, ETF applications will be considered at the end of September.
Next, we have a more positive news background: Mike Novograts said that the market finally passed the "bottom" - https://forklog.com/izvestnyj-bitkoin-investor-obyavil-chto-dno-projdeno/
Then the American holding Morgan Stanley intends to launch a new tool – bitcoin swaps, and so on! - https://forklog.com/bank-morgan-stanley-gotovit-k-zapusku-bitkoin-svopy/

We all also look forward to the bitcoin ETF review process. It will take place on September 30, but recently the SEC postponed consideration of applications from new York companies Vanek and Solid, due to lack of data from interested in the approval of people.


From the point of view of technical analysis, we begin to shrink in a triangle, the probability of breaking in the direction opposite to the expected is equally equal, despite the positive news.

Ah that friends. Just a couple of days all the nerves. Bitcoin broke your stress level 6000! What will happen next?

                                                                                                                         BTC

                                                                                                           Updated schedule

I didn't think that the price will drop $6K. I am totally dumb after seeing the price. We know this is the SEC decisoin effect/affect. Now also my question is "What next?".

[Jahmal32]

After the recent fall, some currencies are already beginning to uptrend, for example Mana. In my opinion, bitcoin is also on this way.

In fact, if you pay attention, you will notice that many coins have become independent. And not so react to bitcoin. When bitcoin was falling, all the coins did not make such a large percentage drop compared to it. And some even grew in a pair to bitcoin. We can see how the market is changing.

[sarmrakib]

I didn't watch such a long downtrend in the past. Everything is going negatively. However it has broken the 6000$ level but market is always unpredictable. Market can move up any time, it can be fall as well. Hopefully we will see a positive move.

[WatchMaker]

I think the market is going to go down because the market is unstable, there's a heavy market correction currently going on, as a result of that I think the market is going to go down. Maybe after some time the market is going to go up.

[Capt00]

I think the market is going to go down because the market is unstable, there's a heavy market correction currently going on, as a result of that I think the market is going to go down. Maybe after some time the market is going to go up.

By the way, how did you know this? I don't think so, but for me, I have a positive thing that it will raise up soon on this year, not in the bull run but at least it will back where the Bitcoin price was stable last month. I don't have seen any negative news that can affect too much in bitcoin price, or this is the spike that may bull run begin just like fueling the skyrocket to speed up the price. Still, we don't know the let's just waiting.

[Arthurian60]

Predicting where the market will go from here is a hard task for anyone. Its unpredictable. It could go down and it could go up. We have see bitcoin raise down from 8k to 6k and now to 5500.
We don't know what side it might go down but personally I think it will move up from here. Bitcoin will get to 13k before returning to 4k

[Jahmal32]

Predicting where the market will go from here is a hard task for anyone. Its unpredictable. It could go down and it could go up. We have see bitcoin raise down from 8k to 6k and now to 5500.
We don't know what side it might go down but personally I think it will move up from here. Bitcoin will get to 13k before returning to 4k

Well, why don't we know. Know. There are levels for this. It's just a question of when we reach those levels.

[Cosbycoin]

maybe down is still a trend now, there is no sign of a trend to increase because now the market is in a low position and it cannot be used as a benchmark for price increases. so just hope that by the end of December this could be an increase like last 2017.

I believe that the market is not going to decline anymore and will rather rise in future as there have been great speculations about it lately and will in addition get boomed if the good investors invest big.

Who even cares about any belief at this point in time? Either the market declines the more or not, those who want to worry about it for nothing are doing so at their own peril because whether they like it or not, they will let their emotions and panic rule them to a point where they miss out eventually.

For those who are smart, they already have a good plan to approaching the market, and even if the market decides to go a lot lower than it is now, they pretty much know it is something they want to be taking advantage of by buying, so in such scenario, no problem at all even if the market declines more.

[virasog]

The market is dropping big now. But i have always high hopes that the market will still recover soon. If the market did not recover this year. Next year will be the year of cryptocurrency.

If we go very down in bitcoin price like 4000$ or even low, the recovery will not be easy and it will be like a long recovery back up. It may take another one year or so for bear market to continue. Maybe i am wrong but nothing is sure at this point of time.

[Farma]

The market is dropping big now. But i have always high hopes that the market will still recover soon. If the market did not recover this year. Next year will be the year of cryptocurrency.

If we go very down in bitcoin price like 4000$ or even low, the recovery will not be easy and it will be like a long recovery back up. It may take another one year or so for bear market to continue. Maybe i am wrong but nothing is sure at this point of time.

so far, the market still shows a severe decline. well, maybe for now, I feel that prices will decline quite badly. however, I think the price will rise for the upcoming 2019. well, still believe in crypto potential, lately there is a lot of pretty good information, but it makes the crypto price go down.

[South Park]

I was completely wrong, I thought the price will go up after it went down and it turns out that it went down even more to levels that I thought I will never see again, since I do not have any more money to invest in the market I'm not buying any coins and I'm not selling them either, so I'm stuck doing nothing for the time being and that is a very difficult position to find yourself to be in.

[izanagi narukami]

For what I can see , it will continue dropping and now it's testing on how much your loyalty on crypto.
Personally I keep hold as long as possible because I've hold btc since 2014 ( $ 299/btc ) so yeah I'm still in profit at the moment.

The profit I obtain not as much as Nov 2017 and that's my risk for it

[Magkirap]

Well it depends man but am probably guessing we will be moving up really soon from the way things are actually moving. Lets just hope we dont get another melt-down

It seems your prediction is not favorable in this current situation but it might happen in the near future. The melt down of market and cryptocurrencies is always happen and we can't stop it but just believe that melt down will not stay in long time.

[Sahyadri]

There are 2 major support levels with $3600 being the strongest. BTC can reach to that point. But I think it will rally up temporarily before making another dive and then there would be some relief as all the panic sellers must be shaken off. With BAKKt launch getting postponed, I don't see any relief happening anytime soon. Maybe the Q1, 2019 would be a trend changer.

[bitbunnny]

It's hard to say, market is kind of unpredictable at the moment. To my.opinion some further corrections are possible but I don't think the price will go under 4000$. Such situation of ups and downs in price might continue untill the end of this year. Some kind of price recovery and some maybe more significant price rise we can't expect before of the begininig of the next year. But I'm always an optimist and hope for the best.