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Author Topic: Bitcoin prices will continue to fall  (Read 19757 times)
akihikohideaki (OP)
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February 01, 2019, 03:22:38 PM
 #1

Over the past few months, Bitcoin prices have continued to decline, resulting in altcoin prices also following the trend of organizers. You can see this in some digital currency trading exchanges, and this will continue as some crypto analysts say.

ADVFN opinion, which proves that BTC can fall to the level of $ 2,500. And an analyst recently said that BTC could fall to the level of $ 1,100 if the predictions go well. Source: https://ethereumworldnews.com/crypto-prediction-bitcoin-fall-1100-litecoin-6/

And what do you think about the post that was recently released on TradingView, a popular charting platform for cryptocurrency, stocks and foreign exchange.
Magic Poop Cannon explains "extraordinary fractal repetitions" found.
Source: https://www.tradingview.com/chart/LTCUSD/UBxr2KVk-Must-Read-Hyperwave-Crazy-Fractals-6-LTC-1100-BTC/

What do you think about all those statements ...?

Why do I expect your opinion because I'm trying Luck now to buy Bitcoin.
Thank you

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February 01, 2019, 03:36:22 PM
 #2

We're basically at a point where people, whether they are so called experts or not, start to rehash each other continuously.

Don't expect anything, just let the market do whatever it will do, because it will move regardless of what your personal opinion or game plan is. It wouldn't surprise me to see it shoot up from here to never visit current levels ever again, but similarly, it wouldn't surprise me if we dip below the $3000 level in the forthcoming weeks or months.

My game plan is to buy the market down. The lower it goes the better it is for me. In other words, more bang for my buck.

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February 01, 2019, 03:42:21 PM
 #3

It's like DCA (Dollar Cost Averaging) technique on what 1Referee is doing, and he is right. Whatever others say, whether the market will rise or fall, no one can control it. Whales, however, can give impact but generally, they won't be enough. As long as you continue to invest, and invest in something that you can afford losing, the better.

Better yet, try trading on margin exchanges. That way you could still earn BTC even if the price is lowering. Maybe, it will be satisfying for you. Just remember that it will only be you who should be responsible for your funds.

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February 01, 2019, 03:44:35 PM
 #4

ADVFN "opinion", they haven't proved anything yet. You are making a statement that contradicts your points. This is just predictions, meaning, there are chances that this will not happen and that you will only lose some. Right now, you need to sit back and accumulate more Bitcoin if you want to profit in this bearish days.
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February 01, 2019, 03:47:02 PM
 #5

This is all expected. If we can make it through by dropping to $2500, I would say we are incredibly lucky because the number $2500 is being told by many people for decades. There is a catch though, those people also expect it to go above $100k after.

So there is that.

The horror story would be if we go below $2k. South of below $2k especially. Like $1200. That would fuck many people up. But it will still go above $100k later like that hyperwave guy tells. In the long run doesn't matter much.

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February 01, 2019, 04:03:44 PM
 #6

No one knows if the price of bitcoin will continue to fall. But as of now the price of bitcoin seems to drop again but I hope it won't happen. But, do you think it will really continue on falling? I still remain positive where I believe that the price will start to rise again.
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February 01, 2019, 04:29:39 PM
 #7

Bitcoin is completely unpredictable, for a longer time the price of bitcoin was moving around $3500. We don't know how long this will continue, each one has got their own prediction about the market. Some has predicted the fall will continue for few weeks, possibly the next hearing of etf will make a big change over the entire market of cryptocurrencies.
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February 01, 2019, 04:51:41 PM
 #8

actually what can we predict from the price of bitcoin? we all seem to be just guessing things that will happen for reasons, like a fortune teller.
because actually all predictions on the price of bitcoin are fear or just speculation
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February 01, 2019, 04:56:03 PM
 #9

This is just a prediction. As we all know, they may not come true. In most cases, this is what happens. Of course, listening to opinions will not be superfluous, but you also need to think with your head.
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February 01, 2019, 05:01:53 PM
 #10

No one could predict the price movement, so you don't have to worry about it. If I could predict the future, then I would keep it to myself, not create an article about it. Cryptocurrency has a strong fundamental, and it will certainly go up in the future. What you are trying to do is predicting the bottom. Just like the suggestion above, the wiser strategy is to dollar cost averaging. With this strategy, you don't have to worry about the bottom. Plus at the moment, the probability of price to go up is slightly higher than to go down.

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February 01, 2019, 05:17:18 PM
 #11

I’ve seen several statements we're at a critical point and probably It's gonna crash even further. Nearly time to move your Bitcoin and jump over some stable coin. Some has recommended to Tether, TUSD, or any stable coin you trust. Fact is, now I am gonna be bored, but as Long term investors will keep eyes on the market.

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February 01, 2019, 05:33:39 PM
 #12

ADVFN opinion, which proves that BTC can fall to the level of $ 2,500. And an analyst recently said that BTC could fall to the level of $ 1,100 if the predictions go well. Source: https://ethereumworldnews.com/crypto-prediction-bitcoin-fall-1100-litecoin-6/

....
What do you think about all those statements ...?

ADVFN is entitled to their opinion, just like every other individual, and opinions doesn't connote reality. Bitcoin has the same chance of reaching $50k as it does have a chance of falling to $1k or below, in the end no one knows what would really happen, neither can anyone not even "ADVFN" can decide what price bitcoin will be in the nearest future, Only the market will decide. The best anyone can do is to make an informed guess, using how they expect the market to react to events and news surrounding market which IMO should be considered as a speculation.

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February 01, 2019, 05:41:03 PM
 #13

Many so-called 'experts' are giving their own, similar opinions that it's really not that interesting to read analyses anymore; they literally are just echoing each other out which, in turn makes their opinion somewhat legitimate or correct. Let it do its thing, I'd say, as there is literally no reason for the price to appreciate seeing how gloomy the markets had become in the past few weeks. The best thing to do during these situations is to just buy and buy as long as the price is tanking, as what 1Referee pointed out.

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February 01, 2019, 05:50:46 PM
 #14

It could have gone that way due to trumps trade war and the government shutdown. However, dow jones has just started to pump so investor confidence is back. Generally speaking, crypto follows the stock exchanges so i'd say a reversal is coming soon
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February 01, 2019, 05:53:57 PM
 #15


ADVFN opinion, which proves that BTC can fall to the level of $ 2,500.

And what do you think about the post that was recently released on TradingView, a popular charting platform for cryptocurrency, stocks and foreign exchange.
Magic Poop Cannon explains "extraordinary fractal repetitions" found.
Source: https://www.tradingview.com/chart/LTCUSD/UBxr2KVk-Must-Read-Hyperwave-Crazy-Fractals-6-LTC-1100-BTC/
An opinion cannot prove a thing. That's just a speculation, a prediction that has some probability of becoming true. These pattern things don't really work. Did people think bitcoin will go down to $4k when is kept rising above $15k? Or, more importantly, did people think bitcoin will cost thousands when it cost less than a hundred? It doesn't work like this, and I am pretty sure bitcoin will not completely and unreasonably collapsed, because it's supported by many projects and a rather big community. The same goes for litecoin fractals. It's not even a full induction of the past.

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February 01, 2019, 05:55:35 PM
 #16

Over the past few months, Bitcoin prices have continued to decline, resulting in altcoin prices also following the trend of organizers. You can see this in some digital currency trading exchanges, and this will continue as some crypto analysts say.

ADVFN opinion, which proves that BTC can fall to the level of $ 2,500. And an analyst recently said that BTC could fall to the level of $ 1,100 if the predictions go well. Source: https://ethereumworldnews.com/crypto-prediction-bitcoin-fall-1100-litecoin-6/

And what do you think about the post that was recently released on TradingView, a popular charting platform for cryptocurrency, stocks and foreign exchange.
Magic Poop Cannon explains "extraordinary fractal repetitions" found.
Source: https://www.tradingview.com/chart/LTCUSD/UBxr2KVk-Must-Read-Hyperwave-Crazy-Fractals-6-LTC-1100-BTC/

What do you think about all those statements ...?

Why do I expect your opinion because I'm trying Luck now to buy Bitcoin.
Thank you

I thought you are giving some analyzations or own views about the topic but turned out that you copied an article statement here and asked our opinions. Clickbait topic to me lol.

Anyways getting straight to your question, do you analyzed what's the content on that article? Does it make sense to you? Does it sounds realistic? What are your views the moment you read it?

Hearing opinions from us will just make you more confuse on what you gonna do as different people have different approach on when they will buy bitcoin.

Try to make a deep and self analyzation on what you will do. It's your money. No way we are the one to tell you what to do.

That will be your assignment. Goodluck.

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aad140386
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February 01, 2019, 06:06:42 PM
 #17

It is possible that it is, and the price will fall to $ 2000-2500 for Bitcoin. Unfortunately, this is a more likely scenario. I do not expect a quick recovery either. I think that almost the entire 2019 year will be in the range of 4000-7000 dollars for Bitcoin. Time of rapid growth has come to an end. But nevertheless, I still believe in cryptovalts and am ready to wait several years until the world finally accepts cryptocurrencies. The ICO market will have to change to regain investor confidence. Because now there is too much scam.

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Siti Nurbaya
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February 01, 2019, 07:31:03 PM
 #18

Many people make their own predictions and hope for bitcoin to go down, this is fortunate for those who want to collect bitcoin. I can only follow the market scenario that happens, if maybe bitcoin reaches the lowest level, it will also have a good impact for those who have large capital and those who don't have capital can only hold it back.
bravehearth0319
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February 01, 2019, 08:15:09 PM
 #19

We all know here that the market was in not good scenario. Since we still in bear season if this will continue there is a chance that Bitcoin will going to be dump its value. But since we also know that the market was unpredictable, we may never know when will gonna be arise again. But I am wishing that it won't go down below 2500$.
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February 01, 2019, 08:15:25 PM
 #20

It seems like people are starting to dare to express their opinions without knowing for sure the conditions that will occur in the future, there is nothing to worry about if the decline in returns is possible for people outside to wait for cheaper prices and be prepared to save more and make bumps I just think , indeed the current conditions are very difficult to predict well, there are only improper problems at the end of 2018, it will not be much different like this year's event made by someone else, a little patient if you want to see Cryptocurrency rise well.
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