Bottom is in !!

[kotajikikox]

The target value for bitcoin price bottom dumped is 3000k usd  this bottom for my own opinion reach before end of the year and people expecting price increase for the first month of 2019.

[hermankoles]

now the market has reached a price of $ 3200 and hopefully this is the basis of this year's price, after that I hope crypto will skyrocket to break the highest price of 2017 or higher

[Lanatsa]

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.

This really proves out that theres no technical analysis can able to predict precisely on where prices would go.It can break out anytime and we have seen
lots of instances on how btc did able to break traders or investors expectations.The price is tanking on 3300-3400 price but tendency of going below 3k would be
there so pointing out or defining bottom isnt guaranteed anytime.

[steve57]

bears are pushing price downwards strongly i will wait until price shows major correction as many said 6000$ will be the bottom but still price fell very quickly to 3500 level , very dangerous to believe that this is the bottom 

[abel1337]

now the market has reached a price of $ 3200 and hopefully this is the basis of this year's price, after that I hope crypto will skyrocket to break the highest price of 2017 or higher

Bitcoin has died too many times and it make a comeback after many months after it hits the ground. The bears are really push bitcoin down and I think they will start the year with this price range. We can wait for the correction that will happen soon I hope.

[Jhonyguy]

still there is no signs of bulls price is falling like waterfall what will be the bottom

[kodtycoon]

Wow, the possibility of your prediction will be true and hopefully we will be at the lowest point, which is at (A), but if the lowest point is in (B) I think it's very bad if we have to wait longer to recover, if the market will recover only in in the near future I don't think it will be a problem because in my opinion it is only natural to go through the down trend phase to high increase.

[panganib999]

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.

This really proves out that theres no technical analysis can able to predict precisely on where prices would go.It can break out anytime and we have seen
lots of instances on how btc did able to break traders or investors expectations.The price is tanking on 3300-3400 price but tendency of going below 3k would be
there so pointing out or defining bottom isnt guaranteed anytime.

This time also proves that bitcoin has no season if people will really give a damn on bitcoin it should be above $10000 or even higher now. Since bitcoin is decentralized and democratic currency, its value will depend on its user on how it moves to the market. Increasing and decreasing of its price is hard to predict each and every time because of the so called volatility.

[wuvdoll]

People are not taking this one really seriously because the drawing is so funny it looks like a child drew it. It really doesn't make any sense compared to all other official looking professional charts. On the other hand, it had one thing right, price will keep going down.

We already have one eliminated but considering all options are there it will take some time before we know all of them are wrong. And I can guarantee all of them will be wrong, this is bitcoin and it can do anything so there is of course a chance that its true but honestly look at those swiggles, looks like a third grader was estimating how many french fries he could eat. I think the hope we have is C but we are looking more and more like B as well however even if we reach to B levels one day, it doesn't mean we can't go back to C levels afterwards neither.

[kakonhat]

We know everywhere have rules. But sometimes I feel Bitcoin have own hidden rules which are only Bitcoin knows that. Sounds crazy, Huh! Yes, really I feel that. However, maybe Bitcoin would survive the continuation in January also.

[SCheek]

I fear the analysis takes little notice of upcoming events. Namely, the ETF, Bakkt etc

[keanne_isaac]

Looking at the topic starter chart it seems a is already over and we are on the secnario B considering Christmas season is getting closer expect more profit taking for the long holiday party. And may I see after this all year round bearish season scenario C may yet to come just hold on and be patient.

[tosmartak]

I fear the analysis takes little notice of upcoming events. Namely, the ETF, Bakkt etc

I would not be surprised neither will it be anything new in this space, if Bakkt gets to keep the postponement in place further even by next year. One thing I am seeing here though is the possibilities of getting to see a long term consolidation after we hit the bottom before the start of a new trend, but of course, that is something time will only have to tell us as time goes on, which for now, we will just have to keep our arms crossed and wait to see what the future holds.

[anitaraymonds]

We have seen $3300 and still, hope we have not yet seen the bottom and we may still see the market breaking the $3000 level because I am hoping that the bottom will be around $2-$2500 before we can actually see the price reversal that we are expecting. This may happen within the first quarter of 2019 when the ETC of Brkkt will be  effective.

[Pattart]

The target value for bitcoin price bottom dumped is 3000k usd  this bottom for my own opinion reach before end of the year and people expecting price increase for the first month of 2019.

how do you know the bottom price is in $3k? some time ago many people believed that the bottom price was at $6k because prices
did not fall more than that in a few weeks, but in fact the price fell?

[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...

Will it go on top again? Because I think it reach the bottom in this month and it may never go more down because there are more support in the market. I prove it because of the stability in the current price of bitcoin and ethereum. Well, it could move down but I do jot expect to have more drop in the next week because its clearly indicated at the chart that price will bounce again in 2019.

[Yamifoud]

Crypto have build already a strong support from the community and I believe that it won't die easily.  We don't need to worry so much for this long long dips cause that is the nature of crypto.  Crypto isn't fully develop and it is very often for many changes along its maturity,  we must have to accept it.

[Omega Weapon]

now the market has reached a price of $ 3200 and hopefully this is the basis of this year's price, after that I hope crypto will skyrocket to break the highest price of 2017 or higher

Bitcoin has died too many times and it make a comeback after many months after it hits the ground. The bears are really push bitcoin down and I think they will start the year with this price range. We can wait for the correction that will happen soon I hope.

Most investors give up too soon, the number of times that bitcoin has been declared dead are too high to count, this is just temporal, I know that doesn't make holding your coins any easier when you are seeing that their value is going down almost every day but if you really want to avoid those losses we have no other option but to hold our coins and wait for the market to finally recover.

[creeps]

The target value for bitcoin price bottom dumped is 3000k usd  this bottom for my own opinion reach before end of the year and people expecting price increase for the first month of 2019.

Yes, hopefully not to hit the level of $2k again so we can easily bounce back. Many good speculation for next year but still there is no guarantee on that so better to keep on the sideways. Cryptocurrency will start to recover soon, i believe on this one and for sure we can hit a more higher price easily.

Crypto have build already a strong support from the community and I believe that it won't die easily.  We don't need to worry so much for this long long dips cause that is the nature of crypto.  Crypto isn't fully develop and it is very often for many changes along its maturity,  we must have to accept it.

So much things to improve in cryptomarket and for sure we will continue to grow in the coming years. A lot of supporters for cryptocurrency that keeps on developing new technology for our future, so we will recover in time.

[rodskee]

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.

It's possible bottom prediction 3000$ drops will become reach
But if the price will not reach in this end of the year
I think that's the sign of good stable grow up price increase of bitcoin and the bearsh market end