BTC Falling to mid 3K Will it go down more?

[iv4n]

I think the bearmarket isnt done yet as we are fishing for a bottom.

But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range


Any thoughts?

Your prediction became true and that is exactly what it is happening, I just hope the bulls have enough strength to hold their own against the bears and do not allow the price to that much lower but that does not seem likely since the bears are doing everything they can to make the price even lower and it does not seem like there is an end in sight to their desire to make the price even lower.

If you say that bitcoin will go up or down, you have 50/50 chances to be right. If you make couple good predictions do you think you can call yourself an expert? Bitcoin have a turbulent year, I didn`t believe we will fall so much, but here we are. Judging by last months and braking price tradition to have uptrend before new year I believe we will have turbulent 2019 too. Will price go down more? Now its possible, but it will bounce back, nothing big, even when it does it will not be for too long. This time you need to play it smart and try to catch dips and tops and to earn from this turbulent times in crypto.

[ancafe]

well, currently the price of bitcoin is stable at $ 3500. even though it looks stable, it is possible to decline even further, because we know that at the end of the year there is always a decline, and at the end of this year it hasn't ended.

Nothing is stable for now. We are still in a bear market and the market of course can still manage to hit lower values as time goes by. Like you have said, I would say there is simply no way anything has ended yet and we might still get to see the bears in further actions. There may be some little trend upward in the short term, but that does not mean that has cancelled out the bear market yet, at least for now.

well, the stable word is just an expression of the current situation. of course I agree that at this time it is still very difficult to say stable, because prices always go up and down so fast. however, I feel that the price has lasted so long at $ 3xxx. but we see that the price development has started to improve, hoping that later this year the price of bitcoin will be above $ 4k.

[Agarthian]

well, currently the price of bitcoin is stable at $ 3500. even though it looks stable, it is possible to decline even further, because we know that at the end of the year there is always a decline, and at the end of this year it hasn't ended.

Nothing is stable for now. We are still in a bear market and the market of course can still manage to hit lower values as time goes by. Like you have said, I would say there is simply no way anything has ended yet and we might still get to see the bears in further actions. There may be some little trend upward in the short term, but that does not mean that has cancelled out the bear market yet, at least for now.

well, the stable word is just an expression of the current situation. of course I agree that at this time it is still very difficult to say stable, because prices always go up and down so fast. however, I feel that the price has lasted so long at $ 3xxx. but we see that the price development has started to improve, hoping that later this year the price of bitcoin will be above $ 4k.

Ur hope came true its 4K now


I Am hoping we can atleast touch 4.5k before we see signs of reversal

[sunsilk]

$3,000 might be the fished bottom for this year, however I'm still on the swinging side that anything can happen and each price can turn upside down quickly just like it did.

Ur hope came true its 4K now


I Am hoping we can atleast touch 4.5k before we see signs of reversal

Yeah taking step at a time and $4,100 is tough one and the highest that I've seen with this dry-run. $4,200 was nearly hit if by Monday we'll see $4,500 it will be a great Christmas gift for everyone instead of looking under $3,000.

[Agarthian]

$3,000 might be the fished bottom for this year, however I'm still on the swinging side that anything can happen and each price can turn upside down quickly just like it did.

Ur hope came true its 4K now


I Am hoping we can atleast touch 4.5k before we see signs of reversal

Yeah taking step at a time and $4,100 is tough one and the highest that I've seen with this dry-run. $4,200 was nearly hit if by Monday we'll see $4,500 it will be a great Christmas gift for everyone instead of looking under $3,000.

Ya insane resistance at 4150

I believe if it collapses we can see a move up much sooner than X mas and maybe 5K by new years.

Ofcourse I also belief anythin can happen but at this range im more inclined to believe even if we drop now we will get bought back up at 3500ish.

[sunsilk]

$3,000 might be the fished bottom for this year, however I'm still on the swinging side that anything can happen and each price can turn upside down quickly just like it did.

Ur hope came true its 4K now


I Am hoping we can atleast touch 4.5k before we see signs of reversal

Yeah taking step at a time and $4,100 is tough one and the highest that I've seen with this dry-run. $4,200 was nearly hit if by Monday we'll see $4,500 it will be a great Christmas gift for everyone instead of looking under $3,000.

Ya insane resistance at 4150

I believe if it collapses we can see a move up much sooner than X mas and maybe 5K by new years.

Ofcourse I also belief anythin can happen but at this range im more inclined to believe even if we drop now we will get bought back up at 3500ish.

It's a mystery if it will be able to hit $5,000 by Christmas to New years eve. Looking good and stable at $3,900 right now which is a good sign and every weekends the market is like this.

Few days from now we will see if by Christmas day, there will be a crypto gift for everyone which will be shown through the increase price of bitcoin. We are too hasty to see it move back to $5,000 but that's it a lot of interesting things are about to happen by next year.

[Agarthian]

$3,000 might be the fished bottom for this year, however I'm still on the swinging side that anything can happen and each price can turn upside down quickly just like it did.

Ur hope came true its 4K now


I Am hoping we can atleast touch 4.5k before we see signs of reversal

Yeah taking step at a time and $4,100 is tough one and the highest that I've seen with this dry-run. $4,200 was nearly hit if by Monday we'll see $4,500 it will be a great Christmas gift for everyone instead of looking under $3,000.

Ya insane resistance at 4150

I believe if it collapses we can see a move up much sooner than X mas and maybe 5K by new years.

Ofcourse I also belief anythin can happen but at this range im more inclined to believe even if we drop now we will get bought back up at 3500ish.

It's a mystery if it will be able to hit $5,000 by Christmas to New years eve. Looking good and stable at $3,900 right now which is a good sign and every weekends the market is like this.

Few days from now we will see if by Christmas day, there will be a crypto gift for everyone which will be shown through the increase price of bitcoin. We are too hasty to see it move back to $5,000 but that's it a lot of interesting things are about to happen by next year.

The price action n charts are starting to look more green n show some positive side.

If we close above 4200 a test of 4400-4600 is possbile.

If momentum builds up without X mas and New Years around the corner anything is possible.

I just dont see it going down anymore except for negativity done by fomo sellers.

[myohmy81]

Yes, I think we might reach $1500 by Christmas, and $700 by February.

I'm optimistic that we can see a good uptrend before the year ends. I don't think that we can go down to $1500 as you predicted which is too much cheaper for bitcoin but let's see what will be our year end price as we go along...i'm hoping that we have a bright year for 2019.

[Soots]

Yes, I think we might reach $1500 by Christmas, and $700 by February.

I'm optimistic that we can see a good uptrend before the year ends. I don't think that we can go down to $1500 as you predicted which is too much cheaper for bitcoin but let's see what will be our year end price as we go along...i'm hoping that we have a bright year for 2019.

We can't really be certain for how long it will take for market recovery or until when its price will continue to go down. Everything seems to be very uncertain and unpredictable, but I'm still very hopeful that it can potentially get back on track at the course of time. Volatility has been its normal trend, we must teach ourselves to acknowledge that reality. It's not going to be easy, but the trust and belief that we have for Bitcoin is what makes a  big difference. Stay hopeful, positive, and be patient.

[mriansa]

Bitcoin prices are now starting to increase prices again and it is very difficult to be able to touch the price of $ 3k, now the price of bitcoin has started to rise at a price of $ 4k and hopefully the price of bitcoin can return to the price of $ 19k so that traders become more and bitcoin to be very many who are looking for and many who will use it for payments on multiple platforms.

[Question123]

Im so happy because it will not down lower at $3000 and now is turn to $4000 and still increasing the price. Those people who believe to bitcoin when they hit $3000 and they bought more than 2 bitcoin they have thousands of dollars profit in just 1 week only.

[BigBos]

Im so happy because it will not down lower at $3000 and now is turn to $4000 and still increasing the price. Those people who believe to bitcoin when they hit $3000 and they bought more than 2 bitcoin they have thousands of dollars profit in just 1 week only.

now the price of bitcoin has begun to recover. it is possible that the price of bitcoin will actually reach the price of $ 4500 before the end of the year. well, this is a very good thing, even though we don't know when bitcoin prices will drop back.

[KorakPawon]

I think the bearmarket isnt done yet as we are fishing for a bottom.

But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range


Any thoughts?

No one can be sure about that, and I think we should stop speculating the situation. Even if the price falling down or rising up, there's people who take advantages from both situation. When the rice down, some think to buy a lot, some prefer to hold, and some people think they already loss. So, It's better to enjoy the situation, at least not to lose any of your coins in this uncertain condition.

[rocketbits]

I think the bearmarket isnt done yet as we are fishing for a bottom.

But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range


Any thoughts?

Your prediction became true and that is exactly what it is happening, I just hope the bulls have enough strength to hold their own against the bears and do not allow the price to that much lower but that does not seem likely since the bears are doing everything they can to make the price even lower and it does not seem like there is an end in sight to their desire to make the price even lower.

For now the bull still trying to strive harder to beat the bearish trend and that's a very struggling scenario. Many people specially the new traders who panic and dumped their asset when they saw price starts to rise. It's good to buy while current price is at very cheap price, in order to benefit once market of crypto starts to spike at better and increasing value.

Bitcoin fell to 3k few days ago and now we have it again in the four thousand dollars range. It was a sudden surprise and people rushed to invest. There is already a profit of more than 1k dollars for those people. So I think despite thinking over the price fluctuations, you should look for more capital to invest.

[nydiacaskey01]

Bitcoin fell to 3k few days ago and now we have it again in the four thousand dollars range. It was a sudden surprise and people rushed to invest. There is already a profit of more than 1k dollars for those people. So I think despite thinking over the price fluctuations, you should look for more capital to invest.

It did, but it didn't sit there for a long time to set a record low of $2,800. Those who bought when it dipped to $2,800, congratulations you just made 32% profits and if you hodl a little bit longer and sold before Christmas when BTC reached $4,100 then you are in luck. Timing is very important in trading, regardless if its a bear or bull market.

[beerlover]

This is the hard part about bitcoin. If you look at the dates bitcoin has moved from 4.2 to 3.8 about 3 times in the past month, it has moved even further down as well but between 4.2-3.8 has been moved multiple times. Do you know what that means ?

If you automatically buy bitcoins at 3.8 and sell them at 4.2 you could make profits and that was 3 times just in the past month, of course it moved even further down at one point but eventually got back up anyway. Hence people are not seeing the potential benefits of bitcoin at 20 thousand dollars, because they could make more profits and more quickly at these prices which is really a shame because we do need the price to go up. However since we are not going anywhere right now I have sold at 4.2 as well, haven't rebought much yet since I cashed out some and bought ETH with some (great decision) I am still looking for a 3.5 or so to buy more btc.

[b3j0]

so far the price of bitcoin has not dropped below $ 3k and I hope that will never happen, now the price of bitcoin is starting to recover and and is preparing to break $ 5k.

[Harkorede]

so far the price of bitcoin has not dropped below $ 3k and I hope that will never happen, now the price of bitcoin is starting to recover and and is preparing to break $ 5k.

That has been some sort of relief for me personally, and Hopefully it could still reach $5,000 maybe in the first week of 2019. We can only hope, but I'm glad about it being stable over the past few days after those daily drastic decline we witnessed at the start of the month.

[firebird14]

I have opened orders for 2300$

[cabron]

I have opened orders for 2300$

The cheaper your order the more it goes that low so try $800 instead for price may really dip that low or at least closer to it. It does happen all the time. I did it on some altcoins and it worked specially on XRP. I think this is because as long as there are orders, people will keep selling what they have so long as they had bought their coins cheaper than it.