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Author Topic: Did we hit the bottom already?  (Read 746 times)
PowerofYggdrash (OP)
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December 19, 2018, 11:39:59 PM
 #1

Hi guys,
Did we hit the bottom already? What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.
What is your next move?
Are we in already in the next bull run?
According to my experience in a bull run, Bitcoin and other big cap coins will increase such as Bitcoin and Ether and at the moment Bitcoin Cash like it or not and a bit later ETC and other similar ones and later the smaller ones such as Yggdrash etc.

Regards

Daniel
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December 20, 2018, 02:18:35 AM
 #2

Most likely not cause the market is being manipulated look at the volume trading even if the price is in an uptrend the volume is short. Now why is that ? cause exchanges are producing what we call fake volumes you can see this is coinmarketcap or blockchaintransparencyinstitution. It is most likely a momentarily bull run we might see a downtrend or correction soon

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December 20, 2018, 10:25:36 AM
 #3

Hi guys,
Did we hit the bottom already?
I really think so and hopefully that's already the bottom for this year.

What is your next move?
It's time to be more patient and just watch the market on where it is going to land. I don't really have any plan at all but to remain on holding position until everything goes perfect again.

Are we in already in the next bull run?
Not yet.

According to my experience in a bull run, Bitcoin and other big cap coins will increase such as Bitcoin and Ether and at the moment Bitcoin Cash like it or not and a bit later ETC and other similar ones and later the smaller ones such as Yggdrash etc.
Bitcoin do affects the market and alts are going up too when it goes up.

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December 20, 2018, 03:53:53 PM
 #4

Did we hit the bottom already?

I hear that word "bottom" since the price was 6000 $ and I have not yet seen someone say that we have reached the bottom, so relax because finding the  bottom has become an mission Impossible

What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.

I do not know about the bottom, but about this: "  we are flying "

I only have to say that we are not flying, we reach $ 20,000 and today we are in the $4000, I do not see why we would say that we are flying

What is your next move?

you should pray that the price will not fall and remain at least at the level of $6000 to $7000 which at least is a more comfortable zone

Are we in already in the next bull run?

Oh and you must forget that word: " bull run "



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December 20, 2018, 04:28:18 PM
 #5

We are gonna hit that bottom line in january, after that we will raise up to $10k
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December 20, 2018, 05:09:58 PM
 #6

We are gonna hit that bottom line in january, after that we will raise up to $10k
For now I'm not sure bitcoin will touch the bottom line until January, because now we can see the green market and bitcoin have risen 9.43%, so this is a possible bull run and it looks like the prediction will be $6k+ at the end of the year. hope this increase will continue.

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December 20, 2018, 09:18:49 PM
 #7

honestly i see Bitcoin cash hitting the 300 price mark. the bull run is like a surge. the market looks interesting.

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December 20, 2018, 09:24:18 PM
 #8

Did we hit the bottom already?

I hear that word "bottom" since the price was 6000 $ and I have not yet seen someone say that we have reached the bottom, so relax because finding the  bottom has become an mission Impossible

What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.

I do not know about the bottom, but about this: "  we are flying "

I only have to say that we are not flying, we reach $ 20,000 and today we are in the $4000, I do not see why we would say that we are flying

What is your next move?



Are we in already in the next bull run?

Oh and you must forget that word: " bull run "




Well, when we were at 12000 in April I was predicting 5900 by late June what have happened. Also I have predicted Bitcoin crash when we were at 6200 and around 6000 for a long time. However the Bitcoin Crash happened 5 weeks later than my date , mine was like around 7th of October.
I was surprise about the 3130 but I think we cannot go lower than that. Of course we can but we won't go lower. Yeah we might have another dip to 3500 but I don't think you can have Bitcoin for 2800 ever. Some nice guy was spreading that the bottom will be around 800. Really?Smiley I would bet it won't be 890 never. They would lose that bet I am pretty sure. 99.99%. Of course Morgan Stanley, and Jp Morgan want Bitcoin for 800.
Guess what, they won't get that. It won't happen. Dow Jones and all the big stocks are down too and Bitcoin and everything else is flying;)
We were in a bear market until last Sunday, but this week we have entered already into the bull market.

you should pray that the price will not fall and remain at least at the level of $6000 to $7000 which at least is a more comfortable zone

Well If we hit already 7000$ that would be a huge difference compare to the prices today:)

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December 20, 2018, 09:46:06 PM
 #9



honestly i see Bitcoin cash hitting the 300 price mark. the bull run is like a surge. the market looks interesting.


Well when I have invested last time when Ether was around 82$ Bitcoin cash was not available on my exchange. Temporarily. I was thinking to buy into that one;)
So I am not here to shill Bitcoin Cash, but its run is pretty impressive. I know that Roger Ver is pretty unpopular amongst many of us however I do like him. Maybe I might buy into it if I can grab some at a reasonable price level. I hope in a dip, but I honestly think we have reached already the bottom and we won't see again 2800 Bitcoin or even 3100 or 80$ for Bitcoin cash.
Obviously I need more fiat and then I will invest more for sure. Especially into my main holdings which is YGGDRASH since its price is at $0.000439 which is mega cheap.

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December 21, 2018, 09:43:09 AM
 #10

Personally I think it's sort of scary to see crypto gain double digit growth in just 1 week, especially when the entire year has just been a steady decline. I was really hoping after hitting the floor, we might see a slow trend of going down more, before again stabilizing around 3.5k (BTC) like we did for a month at around 6k.

I always feel the price shouldn't rise until everything is stable and extremely good volume trading. I'm just afraid that profit taking now means we have to wait even more for potential drops.

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December 21, 2018, 10:35:28 AM
 #11

Personally I think it's sort of scary to see crypto gain double digit growth in just 1 week, especially when the entire year has just been a steady decline. I was really hoping after hitting the floor, we might see a slow trend of going down more, before again stabilizing around 3.5k (BTC) like we did for a month at around 6k.

I always feel the price shouldn't rise until everything is stable and extremely good volume trading. I'm just afraid that profit taking now means we have to wait even more for potential drops.
I think you didn't check the current value price of Bitcoin, as of now Bitcoin price was having a growth on price in the market. Before, the thing that comes up in my mind Bitcoin will continue fall at this month because there are a lot of rumors that it will hit 2.5k dollars but now I saw the progress on the price. Still, unpredictable, so, the thing that only can tell is time. And hopefully, this market price now will not be dragged down again.

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December 21, 2018, 12:06:00 PM
 #12

Personally I think it's sort of scary to see crypto gain double digit growth in just 1 week, especially when the entire year has just been a steady decline. I was really hoping after hitting the floor, we might see a slow trend of going down more, before again stabilizing around 3.5k (BTC) like we did for a month at around 6k.

I always feel the price shouldn't rise until everything is stable and extremely good volume trading. I'm just afraid that profit taking now means we have to wait even more for potential drops.


I don't get what are you talking about? You are waiting for 2500? Happy waiting. It has already dropped from 20000 to 3130. Is that not a drop? Of course it is increasing very fast since it has reached its bottom. Now we are at 4065 $ and 217$ for Bitcoin cash. Obviously I won't invest today, I wait couple of days and also I need to get a big jackpot. £10K profit or more so I can invest more into crypto. Crypto is really more dangerous and risky, than casino. Much riskier. I earn in casinos usually...

Also Yggdrash is more than 14% down since my last entry so I can accumulate more at a very cheap price point.
If I want to buy Ether because of the hard fork where shall I store my Ether for the extra Ether? MEW would be good?
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December 21, 2018, 01:37:18 PM
 #13

We still not hit the bottom,  but i know that we did hit the bottom of bitcoin this year, next year will be a new chapter. As of the moment we must enjoy what we are seeing now in the market.

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December 21, 2018, 02:18:24 PM
 #14

We still not hit the bottom,  but i know that we did hit the bottom of bitcoin this year, next year will be a new chapter. As of the moment we must enjoy what we are seeing now in the market.


So then what would be your bottom bet then? You expect an ETF refusal and that might trigger the true bottom?
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December 21, 2018, 03:31:38 PM
 #15

Did we hit the bottom already?

I hear that word "bottom" since the price was 6000 $ and I have not yet seen someone say that we have reached the bottom, so relax because finding the  bottom has become an mission Impossible

What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.

I do not know about the bottom, but about this: "  we are flying "

I only have to say that we are not flying, we reach $ 20,000 and today we are in the $4000, I do not see why we would say that we are flying

What is your next move?



Are we in already in the next bull run?

Oh and you must forget that word: " bull run "




Well, when we were at 12000 in April I was predicting 5900 by late June what have happened. Also I have predicted Bitcoin crash when we were at 6200 and around 6000 for a long time. However the Bitcoin Crash happened 5 weeks later than my date , mine was like around 7th of October.
I was surprise about the 3130 but I think we cannot go lower than that. Of course we can but we won't go lower. Yeah we might have another dip to 3500 but I don't think you can have Bitcoin for 2800 ever. Some nice guy was spreading that the bottom will be around 800. Really?Smiley I would bet it won't be 890 never. They would lose that bet I am pretty sure. 99.99%. Of course Morgan Stanley, and Jp Morgan want Bitcoin for 800.
Guess what, they won't get that. It won't happen. Dow Jones and all the big stocks are down too and Bitcoin and everything else is flying;)
We were in a bear market until last Sunday, but this week we have entered already into the bull market.

you should pray that the price will not fall and remain at least at the level of $6000 to $7000 which at least is a more comfortable zone

Well If we hit already 7000$ that would be a huge difference compare to the prices today:)

now that you said it: " Some nice guy was spreading that the bottom will be around 800. "

many news channels increased the panic

according to that site, would drop to $1000

This potential floor lines up with a long-term area of interest or former resistance turned support seen on the weekly chart. However, note that the triangle pattern is around $5,000 tall so the resulting breakdown could last by the same height, possibly taking bitcoin all the way down to the $1,000 mark.

https://ethereumworldnews.com/bitcoin-btc-price-analysis-sellers-aiming-for-3100

 I was already convinced that the price would fall to  $1500

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December 21, 2018, 07:57:50 PM
 #16

We still not hit the bottom,  but i know that we did hit the bottom of bitcoin this year, next year will be a new chapter. As of the moment we must enjoy what we are seeing now in the market.
It happens every year so the price never remain the same, if this year price ended at lowest so it does not mean that it will remain low forever. Bitcoin had anonymous nature that no one can make perfect prediction about the price of bitcoin. I think it is not the bottom bitcoin has deep bottom but it rises high within months so nothing can say in this regard.
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December 21, 2018, 09:23:58 PM
 #17



now that you said it: " Some nice guy was spreading that the bottom will be around 800. "

many news channels increased the panic

according to that site, would drop to $1000

This potential floor lines up with a long-term area of interest or former resistance turned support seen on the weekly chart. However, note that the triangle pattern is around $5,000 tall so the resulting breakdown could last by the same height, possibly taking bitcoin all the way down to the $1,000 mark.

https://ethereumworldnews.com/bitcoin-btc-price-analysis-sellers-aiming-for-3100

 I was already convinced that the price would fall to  $1500

[/quote]

So you think at least 1500$ must be the bottom and that would be already an optimistic scenario?
I doubt. I don't think we will see Bitcoin again that low. Maybe with an ETF refusal maybe we see deeper bottom. Like 3000. Otherwise we will see max 3900 and 4000 and that will be considered as a dip already.
At the moment we are at 3870. Nice dip. Am I too bullish/:) ?Smiley Don't think so. Soon we will see. If we really hit 1400 or 1500 I go all in, even if that is not advisable.
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December 21, 2018, 11:32:29 PM
 #18

Hi guys,
Did we hit the bottom already? What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.

If going up at a smaller pace is what you call flying, every cryptocurrency would have been a bird. Wink
2950 is in the talks, and it may not be so easy this time to break it down over there, but when the volume towards the buy end (bulls) goes down or gets soaked up by bears, the bulls lose the steam and stop trying hard and wait for the next opportunity. This BTC thing - they've got nothing to do with the tech but all they need is to double - quadruple their earnings and as the leverage thing is too hot to handle but still one of its kind to multiply it, they won't let it sustain for longer and make it go down one last time before the real bull run begins.

Quote
What is your next move?
Are we in already in the next bull run?


I really hope and pray we do, and if not, be ready and wait for the bulls to lose their power. I've seen how desperate the shorts have been as whenever they've got chances, they didn't lose a second in breaking it down to 50-100 bucks in a few minutes.

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December 21, 2018, 11:48:30 PM
Last edit: December 24, 2018, 02:27:07 AM by Question123
 #19

We hit the bottom for the bitcoin and ethereum value and now increasing again will happen. But incase people panic again the bottom of the bitcoin and ethereum is not yet already but if people continue to buy it will up continue the price.
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December 22, 2018, 06:12:31 AM
Last edit: December 27, 2018, 04:12:31 AM by eann014
 #20

Hi guys,
Did we hit the bottom already? What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.
What is your next move?
Are we in already in the next bull run?
According to my experience in a bull run, Bitcoin and other big cap coins will increase such as Bitcoin and Ether and at the moment Bitcoin Cash like it or not and a bit later ETC and other similar ones and later the smaller ones such as Yggdrash etc.

Regards

Daniel
I hope that it is our last bottom for this year, hopefully, it will continue to increase. The price is now in the uptrend even if it is not really high at least it will still consider to the uptrend now because of a little bit increase in the price. Hoping that this continues and will continue next year.  Grin
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