Did Bitcoin REALLY Hit The Bottom? Are We There Yet?

I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent Grin

Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC

Quote from: Legitimate9322 on January 23, 2019, 12:55:00 AM

this move in the short term doesn;t really anything in the long term perspective. Because a lot of it is nothing but mere noise only. Better focus on fundamentals and market cycle as well. Of course being able to read technicals can be a huge advantage too.

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Agreed with you. This guy seems to promote the exchange. I think Bitcoin has yet a chance to be dropped a little. It will go below $3000 before the bull run. Whenever I will see btc at below $3k, I assume the bullrun is also ahead of us.

3 months back Bitcoin was fighting its support level between 6000$ to 6700$ for long time. Later the biggest dump occured on the market due to manipulation and the price of BTC dropped to 3270$. Since 1 month same kind of pattern is occurring in the market BTC is trading with support range of 3500$ to 4000$ and when BTC will go down below 3500$ then there is the chances BTC will be dropped between 2800$ to 3000$.

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Ya, plain advertising to promote nauticus, nothing more. I dont think that OP is really interested in our opinions about BTC ...

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

It is over and now is the time for prices to recover and come back, I believe and have bought a lot to reserve for that to happen. If exactly what I set, I would be rich with selling my bitcoin at a high price, best next time Grin

Quote from: casternetwork on January 23, 2019, 06:15:51 AM

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Unbelievable that Bitcoin will not fall yet and I think the end of this month will let us know that bears still dominate and can still surprise.

Quote from: Igor.J on January 23, 2019, 06:35:11 AM

Quote from: casternetwork on January 23, 2019, 06:15:51 AM

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Unbelievable that Bitcoin will not fall yet and I think the end of this month will let us know that bears still dominate and can still surprise.

I think same of you, this year especially almost holiday for Chinese new year. Bitcoin price usually down so much, even we know chinese not support bitcoin again, i still believe there are some people still have it in there.

Quote from: TopT3ns on January 23, 2019, 08:38:57 AM

Quote from: Igor.J on January 23, 2019, 06:35:11 AM

Quote from: casternetwork on January 23, 2019, 06:15:51 AM

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Unbelievable that Bitcoin will not fall yet and I think the end of this month will let us know that bears still dominate and can still surprise.

Even though Chinese did ban everything related to crypto commercial, but you should know that they still can trade the cryptocurrency because of Tether and VPN. It is not about them but instead, it is all about our overall sentiment. Right now has not bottomed yet, because we have nothing so far.
no news from media, no rumor from the shillers and what we have right now is an expectation. Usually, the market is out of our expectation that leads us to another down.
once we do not have any expectation or hope because of the dump, that is the time for us to call it bottom and the market will start to change.

I think Bitcoin won't drop below $ 3,000. most likely its price will rise to $ 100,000 this year. have to wait for growth

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

It can't be determined but it will be so long until this guy will create another thread to shilling for NTS coin. I have seen a bunch of similar thread that created by this guy in the past. When there will be no any feedback again and i believe he will create a new thread in the future.

A year ago I thought that 4000 for BTC was too high price at the moment) So I think the bottom will be near 2000 usd.

We are very close to the bottom if we are not there yet, what I am waiting for in this first quarter is SEC stand on some of these projects under their investigations and also exchanges, because of they decided to go after big exchanges in the space than could impact the whole market, Chinese festival is coming which have history of negatively pushing down the price of BTC but the big picture is the coming halving which I believe will change the whole price talk dynamics to positive

Quote from: Vit83 on January 23, 2019, 02:10:59 PM

A year ago I thought that 4000 for BTC was too high price at the moment) So I think the bottom will be near 2000 usd.

I am happy even if BTC goes under 1200$. This is cool for me coz I can buy more. Honestly speaking I do not mind the price of BTC now.

Imagine the limited supply which is only 21m
We already lost too many coins which are not recoverable so how much actually left?
The last bitcoin will be mined sometimes in 2100 or so (I really forgot)

Bitcoin just started.

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus.

They create more discussions while plugging that at the end of the thread.

We still don't know if bitcoin hit the bottom, the next bull run is imminent. But we have no idea when it will trigger.

I think its more likely to go below $3,000 I have no bases but it is a probability. For me I think its not safe to buy this time and hodl if you want to make more out of your investment at least set some good targets.

Quote from: batang_bitcoin on January 23, 2019, 04:03:38 PM

Quote from: bolshojkush on January 23, 2019, 05:13:24 AM

You seem to advertise the exchange nauticus.

They create more discussions while plugging that at the end of the thread.

We still don't know if bitcoin hit the bottom, the next bull run is imminent. But we have no idea when it will trigger.

We like Nauticus and want more volume so it can be our one stop shop. Issues?

I cannot tell with full confirmation about btc bottom because im not good at finding both bottoms and peaks so i will just hope that it will be the ultimate bottom and soon btc will start the recovery with full force and gradually we will be back over the all time high levels that were attained previously.

Nobody can really tell you when the BTC will find its bottom. There are no professional BTC analyzers who can tell you when to sell and buy, if you don't believe the statement look up some tweets that got made by so-called crypto professionals who "predicted" that it is impossible for Bitcoin to fall lower than 6000 USD. And look where we are right now.

Trust the market and act accordingly when you feel it.