$ 3400 is the lowest bottom?

[kryptqnick]

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

I agree that $3400 is probably not the bottom... I do hope that this nightmare will be over soon. I really hate seeing how my savings get smaller even though I keep working and am supposed to be earning more... I don't understand how we got here. Why is the vast majority of people doesn't care about the market? Why do people keep panic selling even though NOTHING BAD IS HAPPENING? And waiting to buy even lower - that's  a pretty risky strategy, because if bitcoin goes down too much, who knows whether it will be able to recover at all...

[qiwoman2]

I don't think we have hit the bottom yet and when we do we will be there a very long time. The bears know they can make a ton more money and profits shorting Bitcoin than pumping it and they are consistently doing this, then making it go sideways for some suckers to buy in before they make it go down again. They won't be happy until Bitcoin is around 1.5k USD and then they will be busy mining the Bitcoin Cash SHIT COINS AS IT IS CHEAPER TO MINE THOSE. mINERS AND WHALES DON'T CARE A TOSS ABOUT THE Market and investors, they only care to line their own pockets. Hodlers and believers in Bitcoin and crypto, in general, are the ones suffering most from this nasty cycle of shorting.

[Indamuck]

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

If you actually believe this FUD you can go short bitcoin from the current price and make a ton of money.  I doubt you will put your money where your mouth is.  It's generally best to do the opposite of what mainstream media tells us so this means it's an excellent time to buy.  You want to buy when there is blood in the streets.

[antisocial77]

after broke the 3800k, everything is possible now.if it has to be, its ok for healty rise.and its good for make scams history.but, what if we all going to be history?im so confused.

[Stilicho]

Guys, we have now a really tough time. Last time falling over 4000 eur, I had alarm clock every 1 hour in the night not to miss fall over this defense line, as then it usually goes quickly down. And the fall came on my way to work... I made the quickest run to my office and sold at 3900 eur before fall to 3500 eur and further down. I bought again at 3300 eur. I thought it will never cross 3000 eur border. But this night I had alarm clock the same way all night and 3 a.m. BUM, 2950 eur. It is so obvious how the bear traders are pressing down the price. Right now it is even not possible to imagine how this can be stopped. I am afraid that the bears are pushing very much and can finally destroy market, normal people, who bought crypto as investment, are usually not speculants and they will loose faith very quickly. Under 3000 usd it will be dramatic.

  

[Thegreatest]

I see a lot of denial characteristic of a bubble. "It's the whales!" some of you are saying. Clearly you are ignoring the fact that bitcoin was seriously inflated at $20k/coin, and the metoric rise wasnt just caused by the whales but also private investors not wanting to miss out. It was so clearly a bubble i just cant understand how people dont get it. For many of you this is the first bubble youve seen, but now is a good time to reflect on your loses and to remember what it looks like. Do not blame the whales, it was your choice to invest in a speculative bubble, take ownership and learn from it.

Bitcoin might go to $500 or $100 for all we know but it will never be $20k again, or even half that, IMO.

[Rkss4]

No no $3400 is not the lowest bottom in year 2018... Because continously bitcoin price is reducing. So it is difficult to know what is the lowest price line?

[Jocuserious]

I have to say don't keep lower and lower price nagative feedback, because lower bottom can be keep just higher bottom.bitcoin volume understand is difficult because Bitcoin price is unstable captions.anytime and anything can be do lower end and high start.

[stealthbomber10]

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!!

No, most of the market is still in denial. We have yet to see true capitulation

[anitaraymonds]

It is difficult now to predict because the level bitcoin price has reached is not even thought of. I used to rely on technical analysis with RSI mainly but it seems that the market is no longer obeying the laws. The relative strength index(RSI) which has already indicated an oversold position which by now the movement in the market should have reversed to trend upwards.

[raidarksword]

It will even go down from the look of things and it indicates that these turn of events will surely create another dilemma that could at least affects the price again. Let's just expect that worst yet to happen but least assured that bitcoin will not die from this moment on because it's the future currency and still adaptation is still progressing.

[Mhd-Bobbi]

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

Why are you looking for the lowest price?
No one can find out the lowest price, while predictions like in the past have said that the bitcoin price predictions for the end of 2018 say that it will rise high, but the reality is not in line with all of us, and now they are all silent at prices that have fallen far, I also saw them start to move away and start to decrease for those who are interested in using bitcoin, but I'm not saying that bitcoin will be "extinct". I am sure that bitcoin will continue to grow for the following years.

[pundit]

There will a bottom but where noone knows, only various predictions are there. As per my personal thoughts $3000- $3300 should be the bottom and price should retrace from here. Bitcoin price remained stable at around $6k for quite sometime and a last dip was expected to create panic among holders and this dip of around 50% decrease in price should be the end of this trend, lets see how price reacts.

[Bonheur]

It can go way down or it can skyrocket to god knows where. Noone can predict what will happen in this kind of market conditions.People should be careful.Everything can happen.

[CoinFoxs]

Well, at this time bitcoin price prediction is a bit difficult because we don't expect bitcoin to reach that much low price. Before 1 month some analyst predicted that bitcoin would go to 3000$. But by looking at the market condition we can predict or say that it would go to 2200$ to 2500$ by the end of December.

[automaticmoney]

as per the website bitcoinwisdom technical analysis bitcoin is expected to touch 2200 dollars more likely in a week or so right now bitcoin is having a downtrend we cant exactly say til what price downtrend price

[matchi2011]

Still speculations, we don't know what is the real bottom and how long this bearish market will continue, it's hard now to make any entry its needed to study well and make some assumptions and prepare for numerous plans before you take your step, if the downfall will continue shorting can be possible
to earn small gains always take advantage and carefully do your trade.

[Jet Cash]

We are in completely new and uncharted territory, and no one can predict the bottom, or even the future. What is certain is that in 5 years, Bitcoin will have increased dramatically in value.

Right now we have a bond yield inversion, and that is destabilising stocks. There is a shift to barterable assets, with gold and silver coins being the preferred options. Bitcoin must be considered as another of these assets though. There is a rise in populism, and awareness that a real Brexit could cause the renegotiation of world derivatives, as most are based on LIBOR, and negotiated through London. DoucheBank is going to bring down the Euro, and possibly the EU, when the other associated factors are considered. This uncertainty is bringing down many asset values, and often fundamentals are not being considered.

I've been watching reports on whale wallet movements, and many of them try to create alarm by reporting large sales. People don't seem to realise that a sale requires a buyer as well as a seller, and if this was a bull market, those transactions would be reported as purchases. In fact, many of the sales are really  just movements. Foe example, why would a wale sell 30,000 Bitcoin, and the next day buy 20,000 at a price that is £150 higher. It's pretty obviously a manipulation coupled with an acquisition plan.

There are some other considerations, such as Qatar leaving OPEC, and Saudi running out of oil. The US/China conflicts play a part as well.

[jagdeepjd]

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

Looking at the current sell of we can't predict the bottom just yet. 3500$ was looking like it as bitcoin might have found the floor but it is slipping again so anything can happen. But the bottom is near that is for sure as there is not much left for bitcoin to go lower and upward potential is higher.

[izanagi narukami]

I believe it will happen especially in near end of the year, we can see the true market on that time.
And guess what ? I'm also believe that there will be a momentum on new year 2019, yes , the market start green so you can try to invest some btc or alt.

~Personally Still hold 1 bits !