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Author Topic: Bitcoin prices will continue to fall  (Read 19758 times)
tomahawk9
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February 01, 2019, 08:58:37 PM
 #21

What do you think about all those statements ...?
First article looks like clickbait trying to spread FUD. They picked up the "analysis" of some random user from Tradingview (the home of so many so called 'experts' that 90% of the time get their predictions wrong) that was talking about Litecoin but somehow decided to apply the same exact analysis to Bitcoin because, according to this user, if every altcoin (in this case LTC) follows the same pattern as bitcoin, we can apply the same exact analysis to both an altcoin and bitcoin (I disagree with this).

Second link is the same tradingview link from the first article, in case you didn't notice.

IMO we probably won't see sub 2k, I believe if we go the 2k levels, there's going to see some a lot of support around that level since people will be eager to buy at those cheap prices before the bulls decide it's time for the market to go up again. But this is just me speculating, same as that guy from tradingview, only time will tell which one of us was correct.

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February 01, 2019, 09:23:34 PM
 #22

I also expect Bitcoin to go down since the price is sitting at $3,xxx for more than a month but expectations doesn't always happen. Looking back at the old price of Bitcoin does help us predict what the next price would look like but it's not something that we should rely on because a couple of whales can buy or sell to disrupt these pattern. If you're buying Bitcoin based on our opinions avoid reading predictions and remember that you can buy a small portion if you're unsure with the current price.
I do not think that Bitcoin will fall much. Most likely, he will keep for some time at the same level, and there it will probably take off.
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February 01, 2019, 10:44:24 PM
 #23

Public now tends to get out of the phase of following a single entity who says that BTC will be here and it will be there today, they've gone smart and do a lot of research before taking any decisions now on their own. We're being given biased comments where many say that it'll be above $5k till Q2 2019 end, while others say what you're speaking. There are many great things on the table, there is a possibility for BTC to go to those levels down for some time and for some reason, but it won't remain there forever. Alts fell as they felt the heat BTC suffered from, and investors were cashing out on their BTC so it's obvious that alts were going to see a bloodbath when BTC which rose from $1k to $20k in less than a year corrected itself back to 1/7th its ATH.

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February 01, 2019, 11:08:51 PM
 #24

all predictions can happen even for the worst, no one knows for sure about the price of bitcoin in the future. If you decide to buy bitcoin at this time, you have to stick to your luck, because that is the only thing that can save you from losses, choices You are buying right now is not wrong, but you must have a strong mentality, confidence, mastery of a mature market strategy and emotional readiness when the results are not what you dreamed of, make all of them the basic capital that you must have when you want to invest here.
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February 01, 2019, 11:10:58 PM
 #25

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
the power of the market is being unstable why I am saying this if the value will be not predictable by anyone will made it a person to get interested and making investment but don't expect much more from there Bitcoin in quick period of time if you expect like that then it will not definitely make you get satisfied but at the end you can definitely get the profit for your investment.
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February 01, 2019, 11:12:13 PM
 #26

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/

Considering how volatile cryptocurrency is, investing in Bitcoin could also be considered the most volatile of them all. Since the Bitcoin has started it's platform, it only valued by cents and now it grows to tens of thousands. In other words bitcoins price is still considerably high compared to it's price way back 4-5years ago, so there is no reason to panic with the currency market trend.

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February 01, 2019, 11:14:44 PM
 #27

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.

Even the price continue to fall there still a recovery from it, we have just wait. It is our opportunity to buy more volume and get a fruitful gain from it. The fall has it ends just be patient. I believe that there still has a good future from bitcoin. The price now won't affect the potential of this coin.

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February 01, 2019, 11:38:06 PM
 #28

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.

Its Hard to say this, anythin can happen in just a single trend so its good to be positive always. I don’t know where the price is going, because it keeps on doing the same thing for the past months which makes it morw upredictable. Bitcoin is still enough for me to trust the market because I know its capacity to bounce back.
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February 01, 2019, 11:52:54 PM
 #29

this seems to be happening this year, the downturn is out of control and the bear market continues.
I would not expect there to be an increase this year, maybe 2020 will return. hopefully.

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February 02, 2019, 12:20:04 AM
 #30

Just a problems when investor believe in prediction that made by some people either an expert or an ordinary people. Look at 2018, how many expert who said bitcoin will reach $50.000 or $100.000? And those never happened, because it's just preditcoin, it could be wrong and otherwise.

Recently, when the bearish market keep bitting us and many poeple who predict bitcoin will go down, it really should be but are we obliged to believe it? I guess not. They can be wrong and far from the predictions he made, because predicting the price of bitcoin is based on today's events while what will happen in the future you will definitely set aside first.
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February 02, 2019, 12:34:22 AM
 #31

bitcoin still hasn't shown a significant increase. many speculators who say q4 is the beginning of bitcoin to rise. yes, it actually goes up to $ 4000 but finally drops again to $ 3500, and tends to be stable with no movement at all.
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February 02, 2019, 01:59:23 AM
 #32

bitcoin still hasn't shown a significant increase. many speculators who say q4 is the beginning of bitcoin to rise. yes, it actually goes up to $ 4000 but finally drops again to $ 3500, and tends to be stable with no movement at all.
right, currently the price of cen`derung is stable, and there is no major movement. so after the consolidation period is over, I think there will be a big movement. but up or down, we don't know
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February 02, 2019, 02:10:20 AM
 #33

I think google and youtube crypto ad ban is significant factor of the bitcon price.
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February 02, 2019, 03:25:34 AM
 #34

actually we also cannot predict the price of bitcoin, because for us bitcoin is also very difficult to predict, and I really hope the price of bitcoin will recover soon, because now there are many new users to invest in bitcoin.

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February 02, 2019, 07:58:06 AM
 #35

Bitcoin is still at the point of its level, moving only slightly down and up that is not so far away. There are no surprises that can make it go down and rise, it looks stable and calm. Here we can monitor the graph and learn good or bad things, all depending on interests and offers, still playing in bargaining. We follow this flow and hope it will be better.

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February 02, 2019, 08:18:51 AM
 #36

Bitcoin is still at the point of its level, moving only slightly down and up that is not so far away. There are no surprises that can make it go down and rise, it looks stable and calm. Here we can monitor the graph and learn good or bad things, all depending on interests and offers, still playing in bargaining. We follow this flow and hope it will be better.
I think for now, if you want to buy bitcoin, don't spend your money on one price. because the trend is still down, and nobody knows whether this is the lowest level or will go down again before bitcoin goes up. therefore with a strategy to buy in stages, it will strengthen our mentality if the downtrend continues

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February 02, 2019, 08:49:38 AM
 #37

I didnt click or follow those links in the OP, i dont need to know what they say.
It certainly isnt anything enlightening.

I do know that as the markets fall they present to me better buy options, I have
been buying on and off throughout January and will continue to do so in this
current market.

We all know its not going to last forever so why panic and get so obsessed with
the FUD now?

R


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February 02, 2019, 09:00:38 AM
 #38

This is what gives us panic and this we must waste to remain optimistic. Let the market run according to the volume and we enjoy every coin that has then take the decision to keep holding or throwing away, let the articles and experts make their own assumptions.

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February 02, 2019, 09:34:10 AM
 #39

I didnt click or follow those links in the OP, i dont need to know what they say.
It certainly isnt anything enlightening.

I do know that as the markets fall they present to me better buy options, I have
been buying on and off throughout January and will continue to do so in this
current market.

We all know its not going to last forever so why panic and get so obsessed with
the FUD now?

I don't get it why people really so obsessed with this FUD. They really want investors to get panic. Anyway, I really hope I can have enough funds so I can buy more btc just like you. As much as possible, I want to accumulate more btc, I want to take advantage with this dip, but I can't really do that since I don't have enough funds.
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February 02, 2019, 09:43:43 AM
 #40

It could, but therefor it's not sure it will.
At the top people were saying we'll get much higher, now people are saying we'll go lower.
Looking at previous corrections were around the bottom touching the weekly SMA 200 and bouncing of from it and going sideways.
I would not like it if we break it and STAY under.
A break of the weekly SMA 200 followed by strong launch could lead to higher regions too.
We'll have to wait and see, but I'm positive long term
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