Bottom is in !!

[1Referee]

We may or may have not yet reached the bottom but i'm just going to leave my coins and check next year 😅

That's the best option. At some point you have to understand that it's too late to act, even when there might still be some downward potential.

It's not that long ago where people said to buy as many coins as possible if the price happened to fall below the $5000 level, and here we are, these people are nowhere to be seen right now. They are probably amongst those who are considering to sell at current levels rather than to stack up on Bitcoin.

I loaded up above $5000, above $4000 and just above $3500 because it's an opportunity. I don't care if the price goes lower. I'll happily buy more.

[bitbunnny]

Good idea. I don't think that it's a very wise idea to check the price all the time. I know that easily becomes a habit but that might get you too much stress that you don't need  and even make you do foolish decisions.
I don't think that price will go much lower but it wouldn't rise much either so to leave your coins as they are and wait for next year isn't a bad idea.

[harleymasters]

Every scenario can happen. Sharks always have a reason to deceive you in the present moment. However, I also choose to believe like you think we can still in scenario A. I'm waiting for the big wave to increase its accumulation.

[Nellayar]

It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I want to show you my top 3 scenarios, which I believe are most probable.


Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...

It still not at the bottom. Yes, there is a stability in 4000 to 3800 USD but it is just for meanwhile. It will drop to 3000 USD as other people speculate it. However, everytime bull run starts to ignite. At the moment, we need to satisfy the bear market. Buying lots of coin will help us to be successful once bull run arrive.

[ufaiz50]

It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I want to show you my top 3 scenarios, which I believe are most probable.


Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...

I think the scenario where the base is in (A) is more convincing because from what I understand is the market is stable at 3500-4000, and most likely the worst decline is at 2800, because of fluctuations there are small chance can happen, scenario B is still possible and you have to be careful. This is only speculation because the market is stable I am more likely to oversee than taking action now.

[Reid]

It is also a fact that it is cheaper by now.
So there is also this scenario that we might see a sudden pump due to buyers will be thinking of another easy profit.

With 4k USD it is more likely to be pulled up if the buyers come back in.
Let us say those who have sold for 9k USD before the sudden fall.
They might have used some of that profit and will try ro make another.
Better ride that boat if ever it will happen.

[BlueStackz]

It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I want to show you my top 3 scenarios, which I believe are most probable.


Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...

The price already dropped down to $3500 before and I don’t see any difference between being at the price rate of $4000 and $3000. All these predictions you all are making doesn’t make any sense any longer, so yours is wrong and can never be right.

Why didn’t you make the prediction all this while when the price was around $11,000? That’s how claimed lowest was $10k right then, but it never, rather price kept plummeting and when it was around $6k they still made the same useless predictions and it never worked as they said.

Now you bring yours, which will also turn out to make no sense later on. You all should just admit you know nothing and stop distracting newbies. Nobody knows, just buy when you can afford, Bitcoin price is moved by manipulation and speculation and that’s it.

[TheReverend]

yes I also still believe this will go down even deeper.
many predictions about bitcoin going down to 3000 $ - 2000 $ we don't know whether it's true or not, but in the current market situation, it can happen.
i suggest dont buy anything till end of the year.

[btc_angela]

yes I also still believe this will go down even deeper.
many predictions about bitcoin going down to 3000 $ - 2000 $ we don't know whether it's true or not, but in the current market situation, it can happen.
i suggest dont buy anything till end of the year.

For now I don't see any dramatic drop unless there's another FUD or something like a BCH war that totally caught us off-guard. Although there's no bullish news either so I would say that the bearish trend might continue up to the end of the year but I'm not seeing the price going lower than $3K.

[LuvCyanide]

I do not hope that Bitcoin will start to grow in the next couple of months. We're marking time. No one can say where the bottom, many investors are in a panic, and analysts professionals are lost in conjecture. I think that Bitcoin is able to surprise us with growth, but first we will fly down as it should. I wish everyone to be patient.

[cjie]

I do not hope that Bitcoin will start to grow in the next couple of months. We're marking time. No one can say where the bottom, many investors are in a panic, and analysts professionals are lost in conjecture. I think that Bitcoin is able to surprise us with growth, but first we will fly down as it should. I wish everyone to be patient.

Yes, you are right. We need to have some patience to allow bitcoin to regain itself. This will not happen over night.

[Renaldi blackspadeteam]

this is not too low, when the price of bitcoin is still at the price of $ 5000- $ 6000 I have heard the news, if the price of bitcoin can go down to the lowest price of $ 2000, I think this news is FUD, but now the price of bitcoin shows that prediction is correct.

[CryptoF007]

The price already dropped down to $3500 before and I don’t see any difference between being at the price rate of $4000 and $3000. All these predictions you all are making doesn’t make any sense any longer, so yours is wrong and can never be right.

Why didn’t you make the prediction all this while when the price was around $11,000? That’s how claimed lowest was $10k right then, but it never, rather price kept plummeting and when it was around $6k they still made the same useless predictions and it never worked as they said.

Now you bring yours, which will also turn out to make no sense later on. You all should just admit you know nothing and stop distracting newbies. Nobody knows, just buy when you can afford, Bitcoin price is moved by manipulation and speculation and that’s it.

If you don't see any difference between 3000 and 4000$, that doesn't mean there is no difference... it is, just you don't see it. 3000$ for example is around 50 month moving avg, at the same time 200 weekly moving avg is very close (3100$ atm) ... both are very important HTF support levels, and often markets bounce on them on higher time frame...
So this would be very logical bottom... If those get broken, who knows where we might end...

When we were at 11,000$ I was not yet posting my videos online... But when we were at 7k I predicted a low at around 3k, go ahead and watch my videos to confirm...
If you think that anyone can give you the magic numbers and those will be spot on... than you are either very unexperienced, 12 years old, or delusional... unfortunately this doesn't work that way, so yes it is possible none of my predictions will hold, only time will show us...

However, there is still one more option. There may be another wave - the price of Bitcoin will increase to about $5k, maybe even $7k, and then fall below $3k. Then the bottom can be found even below the level of $2k.

Gargo, doesn't this seem something like my option B. ?

[CryptoF007]

Seems like the A option was denied ... so we are left with B or C ...  In this case I believe more in B.

Btw I don't think selling is over... after yesterdays low at 3200$, BTC was denied 2 times at 3500$ and couldn't hold 3400$ today... I believe we will see one more leg down, possibly to 3000 - 3100$ before we get short relief and bounce up into 5000 levels...

[damberg]

From point of view, price action is probably telling us that we have just hit the bottom around $3250 - $3400. The downtrend seems to be exhausted and I would expect a short term oscilation around $3800 mark.

[BitHodler]

If you don't see any difference between 3000 and 4000$, that doesn't mean there is no difference... it is, just you don't see it. 3000$ for example is around 50 month moving avg, at the same time 200 weekly moving avg is very close (3100$ atm) ... both are very important HTF support levels, and often markets bounce on them on higher time frame...
So this would be very logical bottom... If those get broken, who knows where we might end...

That's basically my concern. In a market where we're currently going through a cycle meant to flush out the weakest hands, I honestly don't think any TA based 'support' line is going to hold firm.

In case it drops again, we should expect $3000 to break, and very easily so. I never like a market re-testing certain levels on the lower side, because they in most cases will break, which we saw with $5700-$5800.

Not sure what to think about what's currently going on with how poor the volumes are. We are literally a 1-2k BTC dump away from dipping below the averages you were talking about.....

[CryptoF007]

That's basically my concern. In a market where we're currently going through a cycle meant to flush out the weakest hands, I honestly don't think any TA based 'support' line is going to hold firm.

In case it drops again, we should expect $3000 to break, and very easily so. I never like a market re-testing certain levels on the lower side, because they in most cases will break, which we saw with $5700-$5800.

Not sure what to think about what's currently going on with how poor the volumes are. We are literally a 1-2k BTC dump away from dipping below the averages you were talking about.....

At some point all weak hands will be flushed out ... at some point buyers will step in and overpower sellers ... Nobody knows where is that point...
On many occasions 200 week MA or 50 month MA were that point. Will this time be the same, I don't know. In fact I don't think so, but I believe it could be a short term bottom, small rally up and than final capitulation... But as I said, this is literally billion dollar question

[worldofcoins]

We're either oversold and already broke the bottom, which should mean a fairly swift return back to $6000. Or we haven't reached the bottom yet which will likely mean a push down to $3000 or lower. I believe that the second is more likely true given how little push back there has been with the price, there seems to be little in terms of buying volume to move the price upwards.

I agree with you, that we can be either at the bottom already or nearing it. As most speculate, it could be likely that we will keep crushing and maybe start recovery in Q1 of 2019.

[jagdeepjd]

we broke the support of 3500$ and touched 3220$(on binance) We should see a slight bounce back from here but I feel this is not yet the bottom and we may go lower in the 2500$ range.
scenario B of op is what I believe we will not see and if we see that then prepare yourself for a longgg bear market.

[Question123]

So sad because until now the value of the coins still very low. For sure the market will up and we cannot see this bottom if they stop selling bitcoins. That is the number one reason behind of dumping market. I hope the bottom price of the bitcoin is 3000 dollars only and not to decrease more.