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Author Topic: $ 3400 is the lowest bottom?  (Read 961 times)
Snowflower11 (OP)
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December 07, 2018, 11:46:39 AM
 #1

All price predictions for Bitcoin seem to be very negative at this time. I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500. It seems that a lot of optimists think that $ 4800 would be the bottom. But after a month, at this moment it seems $ 1500 is absolutely possible. Tell me the price lowest bitcoin you ever thought would be how much $?

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December 07, 2018, 12:01:02 PM
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 #2

No one knows! But one we know, when we all spect something, it goes the other way. so please KEEP expecting lower and lower prices!!

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December 07, 2018, 12:02:44 PM
 #3

most likely- no
the market has entered this state when people who are panic selling selling and the buyers are waiting for a lower low every time
and, probably, rightfully so
we haven't found the bottom just yet and it could be anywhere, really
won't be surprised to see 2.000$ or even lower than that, simply not enough people buying

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bitbunnny
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December 07, 2018, 12:07:59 PM
 #4

From current perspective anything is possible.
At first I thought the price will not go lower than 3500$ but obviously I was wrong.
As the price go lower more and more panic selling appear and it looks like the bottom is hard to define.
Let's just hope that negative trend will stop soon and that more people will buy. But we will probably not see Bitcoin recovering this year.

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December 07, 2018, 12:10:08 PM
 #5

I would like Bitcoin to no longer drop below as many will leave the market and it is likely that after such a fall it will not rise again
Mr.Ease
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December 07, 2018, 12:12:52 PM
 #6

price predictions don't work with cryptocurrencies… Everyone is always wrong and by a huge margin, It's not even funny when people claim to know whats going to happen it goes hard the opposite way.

The only thing to really guage is sentiment. It seems people still have some hope in Bitcoin, yeah, once that hope is gone and everyone is like... Well, it was fun but bitcoin died...

That is when the pump will come  Cool

Time to horde a stash and wait for better times.

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December 07, 2018, 12:20:34 PM
 #7

Maybe we have not see the lowest bottom yet due to the fact that many FUD are coming in day by day and bitcoin holders are selling out their portfolio even at the moment.

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December 07, 2018, 12:25:49 PM
 #8

Of course not, because Bitcoin can fall even lower and no one else can earn thanks to it.

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December 07, 2018, 12:29:48 PM
 #9

This is not good sign for small investors if bitcoin not up then I think they lost their all capital. Everyday bitcoin price down and down.
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December 07, 2018, 12:52:01 PM
 #10

hopefully it is.. shouldn't go any lower.. that will be devastating.
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December 07, 2018, 12:52:36 PM
 #11

$1500 may be a possibility but it wont be good for the space. We all know the idea is to allow new institute and mainstream adoption so has to allow a new era inflow of fund. At the end of the year if it dump beyond $3000 we might have escaped it. Surprisingly most stats or features that should pump are in place but the coin price has gone the other way

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Vladislav2306
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December 07, 2018, 12:57:22 PM
 #12

It is possible that from 3400 $ we will raise a little bit and then go down to 1500 $ or less. Nobody knows what price will be the lowest as well as the highest one.

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December 07, 2018, 01:04:56 PM
 #13

All price predictions for Bitcoin seem to be very negative at this time. I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500. It seems that a lot of optimists think that $ 4800 would be the bottom. But after a month, at this moment it seems $ 1500 is absolutely possible. Tell me the price lowest bitcoin you ever thought would be how much $?

https://bitcointalk.org/index.php?topic=5071669.0

As many FUD and FUD everywhere, people panic sell their treasure called bitcoin. Whales are  just accumulating and accumulate more bitcoin that they are just waiting for the right time when many people, newbies and new players in the market also buy bitcoin. That's the game they play always. When bear market is here of course expect lower and lower price for your coins. Do you think it will be lower forever? It will rise in time.
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December 07, 2018, 01:22:49 PM
 #14

No one knows! But one we know, when we all spect something, it goes the other way. so please KEEP expecting lower and lower prices!!

Yes, no one knows but everyone wants to know it badly. In last 10 days when i get up in the morning i am always checking the coinmarketcap and i always see that the bitcoin and main coins price is falling down and it seems will never stop Sad  Unfortunately we can't predict the bitcoin price in these uncertain market condition, we just have to hope for the best..
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December 07, 2018, 01:24:55 PM
 #15

Don't be too optimistic. Today we see the price of $3,400. We might think this is the bottom. In fact, maybe tomorrow we will see lower prices, and the price may be lower, which we can't predict. But I can be sure Bitcoin takes a long time to recover to the price at the end of 2017.

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December 07, 2018, 01:30:10 PM
 #16

No one knows! But one we know, when we all spect something, it goes the other way. so please KEEP expecting lower and lower prices!!

That could work. Grin

We dont know the bottom. Expect 1 dollar then maybe you will somehow have ease into not thinking about how much price it could get.

It gives opportunities though for new bitcoin enthusiast. They might see how useful bitcoin is and try to buy. For me it is a win situation if it goes down. Stop the negative ways of thinking just because it didnt hit the price that you want.
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December 07, 2018, 01:30:33 PM
 #17

I wondering is btc price falling down has any related case with the stock market is plummeting?
Over the course of two days, the Dow Jones Industrial Average plummeted more than 1,500 points.The S&P 500 and Nasdaq Composite are on pace for their worst quarter in seven years, as the stock at this time.
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December 07, 2018, 01:38:55 PM
 #18

I think that this month almost the entire cryptocurrency will break incredible records and bitcoin will reach 1k$ with ease, now the toughest market manipulation that I haven’t seen for a long time is happening, so it will not stop and the whole market will collapse soon we only have to look with tears at this market and our portfolio.
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December 07, 2018, 01:45:57 PM
 #19

Knowing how emotionally inclined the market is right now, it is possible to even slide further down $3000 seeing that supports aren't established pretty well. We've seen a short stint towards $4000 and it didn't last long, up until it slid past the $4000 levels again and down to where we're at right now. $1500 is a bit of a stretch right now, but seeing what happened just a few weeks back, it could turn into a grim possibility that we have to face. $2500 is my best optimistic guess atm, and anything further is just a nightmare materializing IRL.
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December 07, 2018, 01:51:38 PM
 #20

As long as most people who are not directly related to the crypto will not sell it, there will be no growth. An annual cycle is enough for this. Now is Christmas, people have no money, they need to buy presents Smiley Now many people with whom I am surrounded have started selling coins that have been holding for more than two years. I am an optimist, therefore I believe that $3300 is a level of support that will not be broken through. Judging by the OTC market, offers to buy BTC are now three times more than offers to sale.

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