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Author Topic: Todays reality..BTC price $3,600  (Read 414 times)
CoinRanker (OP)
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November 27, 2018, 10:25:44 AM
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November 27, 2018, 10:57:09 AM
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Good time to enter  Grin

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November 27, 2018, 06:29:52 PM
 #3

Expect a move in the next day or two, either down to $3200-$3300 or bouncing back to $4000-$4200. Probably the former because there's still far too much optimism around, for that reason I'm not convinced we've reached a bottom.

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November 27, 2018, 06:49:36 PM
 #4

Don't forget, this was also a day in last year's reality. Will probably be a reality for other days. All footnotes in the greater scheme of things, all individual cogs at every cent increment towards an eventual charge.

Expect a move in the next day or two, either down to $3200-$3300 or bouncing back to $4000-$4200. Probably the former because there's still far too much optimism around, for that reason I'm not convinced we've reached a bottom.

I wasn't expecting yesterday's bounce either. The last time I was fortunate enough to be present prior to the ascent, no one dared to think Bitcoin might recover it's 2014 ATH except in the most hush of tones. So yeah, far too much optimism left. It's when the stragglers in positivism are out that a proper recovery and rise is on the cards.


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November 27, 2018, 08:46:21 PM
 #5

Don't forget, this was also a day in last year's reality. Will probably be a reality for other days. All footnotes in the greater scheme of things, all individual cogs at every cent increment towards an eventual charge.

Expect a move in the next day or two, either down to $3200-$3300 or bouncing back to $4000-$4200. Probably the former because there's still far too much optimism around, for that reason I'm not convinced we've reached a bottom.

I wasn't expecting yesterday's bounce either. The last time I was fortunate enough to be present prior to the ascent, no one dared to think Bitcoin might recover it's 2014 ATH except in the most hush of tones. So yeah, far too much optimism left. It's when the stragglers in positivism are out that a proper recovery and rise is on the cards.




I think yesterday's bounce was rather predictable. We were reaching stupid amounts of oversale. I mean just look at the graph, all these massive red candles had to take a break. I think there's room for a move to the upside towards $5000 or so, then the people that are still on the verge of dumping will dump there, so we will go lower then that will be when we bottom. How long this could take who knows. Anyone with a brain must be ready for another year of "bitcoin is dead" where nothing happens (see 2015-2016 period) and there will be all the OTC smart money buying like crazy while no one knows since the volume on exchanges isn't changed by their big ass wallets.
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November 27, 2018, 09:51:47 PM
 #6

Good time to enter  Grin

is it really?

it's obviously much better than the $6000s. but it's hard to call this the bottom. we didn't tag any major support zone or long term MA, and we didn't see a typical V bottom yet. i think we still need to shake out some bulls before the bottom is in.

that's the trouble with the old "buy the dip!" adage: which dip? this thing could still drop another 40-50% from here IMO.

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November 27, 2018, 10:11:19 PM
 #7

I will wait a little longer and I will buy bitcoin at a low price, I am fortunate not to buy bitcoin at the price of $ 6k. many people are trapped in that price  Roll Eyes

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November 27, 2018, 10:32:57 PM
 #8

Expect a move in the next day or two, either down to $3200-$3300 or bouncing back to $4000-$4200. Probably the former because there's still far too much optimism around, for that reason I'm not convinced we've reached a bottom.
I'm not trying to poke fun at you, but making a prediction like that (basically "bitcoin will oscillate much like it's been doing for the past few days") is fairly useless.  You're probably right, but all you're saying is that bitcoin could go up or down and that's DERP.

Good time to enter  Grin
I'm going to agree wholeheartedly with you on this one.  Not that my crystal ball is functioning, but I think even if bitcoin were to drop lower in the short term, it's going to rebound to $4000 and beyond in the not-too-distant future.  That's just a guess, however, but it's worth the same as anyone else's guess.

we didn't tag any major support zone or long term MA, and we didn't see a typical V bottom yet. i think we still need to shake out some bulls before the bottom is in.
Bah!! A pox upon your technical analysis (all in good fun, of course).  Nobody can call bottoms with a straight face.  That won't stop them from trying, and some might be correct, but it's all guesswork.  I think now is a good time to buy.

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November 27, 2018, 10:34:38 PM
 #9

this is the perfect time to invest, you will get double profits in the next 2-3 years. very lucky for those who have funds so they can invest.

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November 28, 2018, 04:15:19 AM
 #10

this is the perfect time to invest, you will get double profits in the next 2-3 years. very lucky for those who have funds so they can invest.

it is a good time to enter not a perfect time.
it is good only because price is much lower than the support which was the actual bottom and in my opinion we are currently in a reverse bubble which makes investment a wise choice.
but i'd say it is not a perfect time because the market is still manipulated and it can take a long time to recover while we don't know how long they can keep the dumping up.

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November 28, 2018, 06:37:11 AM
 #11

well, it's a pretty hard time to see the price of bitcoin below the price of $ 4000. however, for now, the price of bitcoin is back to the price of $ 4000. well, even though in reality it's thin to return to a price below $ 4000, but it seems that today the development of bitcoin is showing a pretty good thing.

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November 28, 2018, 08:15:09 AM
 #12


it is a good time to enter not a perfect time.
it is good only because price is much lower than the support which was the actual bottom and in my opinion we are currently in a reverse bubble which makes investment a wise choice.
but i'd say it is not a perfect time because the market is still manipulated and it can take a long time to recover while we don't know how long they can keep the dumping up.

Wishful thinking that this is a reverse bubble. We definitely havent hit bottom ground yet. The BCH hashwars may be over, but its definitely not going to be a surprise to expect some fucking weird news soon. I cant say what it is because I have no fucking clue what Craig Wright or any other big names are thinking, but like you said, the market is being heavily manipulated right now, but this time its different : because its not done using money, but well placed FUD.

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November 28, 2018, 03:58:35 PM
 #13

The bounce that I was expecting a couple of messages before continues, and it broke $4123 which was an interesting ceiling there. Let's see if we can get to $5000. I still believe on this next pump those that haven't sold yet will do so because they are panicking internally, and are just looking to sell at a big a bounceback. Once these are weeded out we may retest last ATH for a double and last final bottom or make another lower low. But all in all we are close to bottoming given past % crashes. The typical cycle of bitcoin should end soon. I believe Q1 2019 could be it, then we start creeping back up.

If there is no sale on this bounceback then we may have an extended bullrun.. FOMO is very big on bitcoin. People switch mentality from "it's dead" to FOMO very quickly here.


it is a good time to enter not a perfect time.
it is good only because price is much lower than the support which was the actual bottom and in my opinion we are currently in a reverse bubble which makes investment a wise choice.
but i'd say it is not a perfect time because the market is still manipulated and it can take a long time to recover while we don't know how long they can keep the dumping up.

Wishful thinking that this is a reverse bubble. We definitely havent hit bottom ground yet. The BCH hashwars may be over, but its definitely not going to be a surprise to expect some fucking weird news soon. I cant say what it is because I have no fucking clue what Craig Wright or any other big names are thinking, but like you said, the market is being heavily manipulated right now, but this time its different : because its not done using money, but well placed FUD.

Craig Wright will end up dead if he keeps playing around with people's money, same for Ver by breaking mining contracts. Not smart to mess up with bitcoin whales for a long time. But I think he is less relevant than most people think. He basically gave up on trying to reorg the BCHABC chain, didn't admit that they ran out of money but that's how Calvin Ayre's press release sounded like to me.
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November 28, 2018, 04:28:24 PM
 #14

Some people are still scared to buy in at these levels but I'm taking advantage of this opportunity.  We may never get the chance to buy bitcoin at these levels ever again.  The main reason BTC even dropped below the 6k support was because of the BCH hash wars.

I know Warren Buffet is against cryptocurrency but his advice of "Buy when there is blood in the streets" holds true.
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November 28, 2018, 10:43:16 PM
 #15

this is the perfect time to invest, you will get double profits in the next 2-3 years. very lucky for those who have funds so they can invest.

it is a good time to enter not a perfect time.
it is good only because price is much lower than the support which was the actual bottom and in my opinion we are currently in a reverse bubble which makes investment a wise choice.
but i'd say it is not a perfect time because the market is still manipulated and it can take a long time to recover while we don't know how long they can keep the dumping up.
Thank you for the advice, but I see this is a very good moment to buy. honestly I am very difficult to determine the lowest price and the best time to buy. I will wait until this dump ends and I will buy.

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November 28, 2018, 11:05:57 PM
 #16

Was a good time for who want to get some cheap bitcoin. Now i think is still a low price, and i will get more coins before bull run start, and hold what i already have, even if i need to wait more than 6 months or more than 1 year.
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November 28, 2018, 11:15:33 PM
 #17

Today's reality is tomorrow's shadow. Everything will go well and I think we will quickly return to 6000$ price range, it wouldn't fall below 2000 because it would really be a fatal, I think the fact that bitcoin ended up positively today means a lot, it's still very early to say anything but as I situation always goins in a very positive way, this coin is really amazing.

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November 28, 2018, 11:24:57 PM
 #18

Was a good time for who want to get some cheap bitcoin. Now i think is still a low price, and i will get more coins before bull run start, and hold what i already have, even if i need to wait more than 6 months or more than 1 year.
so you will wait 6 months - 1 year? it looks like you have to wait a little longer, because bitcoin won't recover in a short time. maybe you have to wait 2-3 years.

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November 29, 2018, 12:58:54 AM
 #19

Some people are still scared to buy in at these levels but I'm taking advantage of this opportunity.  We may never get the chance to buy bitcoin at these levels ever again.  The main reason BTC even dropped below the 6k support was because of the BCH hash wars.

I know Warren Buffet is against cryptocurrency but his advice of "Buy when there is blood in the streets" holds true.

Yeah a lot of people are scared to buy because they don't know the situation in the market, for now its a perfect time to buy, the price is cheap and the potential to bounce back is really high, once the hash war is finished then the price will rise back, maybe there wont be any second chance to buy bitcoin at this low rate, so you need to take this opportunity
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November 29, 2018, 02:04:08 AM
 #20

Update on the bounce: I think we are still in good standing, we got some dumping but we are bouncing on the 5 day moving average already on the 4h chart which I think is an important one for bitcoin. Unless we have another couple of disastrous days I would personally consider the current low as the bottom for this year.

Next year we'll have a lower price, I think there's still room for some more pain before the final bottom is set. Around $2.9k would be a good area, $1.3k still not out of the picture.

Of course fundamentals are king and if Bakkt turns out to be a quick success with a lot of demand, since its btc settled we'll quickly go up.

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