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sniveling
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December 27, 2019, 12:24:32 PM |
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I think that the crypto market has not reached its bottom yet, but it has already almost reached it, only a little bit left, the market is already falling very slowly, which indicates that the maximum bottom is approaching.
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styca
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December 27, 2019, 02:40:39 PM |
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This thread was started back in February, about the time that we did bit bottom. Since then we've had a mini recovery, and prices are now stagnating a bit. I don't think we can talk about current prices being at or near the bottom, as we are a long way above Feb prices - that was the bottom of the year long bear. Now is merely small fluctuations well above that point.
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kissaNN
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December 29, 2019, 01:14:59 PM |
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The market does not want to behave as we want, even if the direction is right, BTC trend is not straightforward, there are lateral movements: a step forward - a step back. But in the end, of course, the growth of Bitcoin and the entire cryptocurrency market will be very strong and we will fly to the top.  |
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scambust
Legendary
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Activity: 1652
Merit: 1007
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December 29, 2019, 01:38:44 PM |
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The market does not want to behave as we want, even if the direction is right, BTC trend is not straightforward, there are lateral movements: a step forward - a step back. But in the end, of course, the growth of Bitcoin and the entire cryptocurrency market will be very strong and we will fly to the top. You just describe how market price action works. LMAO. The surest signal of a bottomed-out situation is when at least two major previously known support levels that turned resistance is broken. Better yet if it was broken in higher timeframes. |
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poodle63
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December 29, 2019, 04:37:46 PM |
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I think that the crypto market has not reached its bottom yet, but it has already almost reached it, only a little bit left, the market is already falling very slowly, which indicates that the maximum bottom is approaching.
reached the bottom floor doesn't always mean if that altcoin must reach the lowest price in the past. it's possible to create another floor that can be considered as the bottom price for bitcoin and crypto market. That's why the bottom price of crypto can't determined consider it has been always making a new bottom. |
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drachman
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January 11, 2020, 02:24:00 AM |
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This thread was started back in February, about the time that we did bit bottom. Since then we've had a mini recovery, and prices are now stagnating a bit. I don't think we can talk about current prices being at or near the bottom, as we are a long way above Feb prices - that was the bottom of the year long bear. Now is merely small fluctuations well above that point.
Each market cycle has its top and its own bottom, and we are in a new market cycle and it is difficult to know if we have reached the bottom, it seems the price is having a positive tendency during the last days and this could indicate that we have in fact reached the bottom, but we will have to wait because it is impossible to tell if that is true after just a few days of positive results, we know how volatile this market can be and we could lose all of the progress that we had made in a single day. |
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Arkann
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January 11, 2020, 04:50:25 PM |
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This thread was started back in February, about the time that we did bit bottom. Since then we've had a mini recovery, and prices are now stagnating a bit. I don't think we can talk about current prices being at or near the bottom, as we are a long way above Feb prices - that was the bottom of the year long bear. Now is merely small fluctuations well above that point.
Each market cycle has its top and its own bottom, and we are in a new market cycle and it is difficult to know if we have reached the bottom, it seems the price is having a positive tendency during the last days and this could indicate that we have in fact reached the bottom, but we will have to wait because it is impossible to tell if that is true after just a few days of positive results, we know how volatile this market can be and we could lose all of the progress that we had made in a single day. At least, the indicators of the cryptocurrency market indicate an improvement in the position of Bitcoin and Ethereum, because over the past week these coins have risen in price by almost 10%. But this applies only to the highest rated cryptocurrencies, because the entire cryptocurrency market is in a bearish trend. I very much doubt that it is worth trusting some unverified data and forecast. |
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leetcoiner
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January 11, 2020, 07:06:55 PM |
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Yes, the market has already reached its bottom and in 2020 it has already grown slightly above the bottom, I hope that over time the market will only grow up.
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drachman
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January 16, 2020, 04:14:13 AM |
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This thread was started back in February, about the time that we did bit bottom. Since then we've had a mini recovery, and prices are now stagnating a bit. I don't think we can talk about current prices being at or near the bottom, as we are a long way above Feb prices - that was the bottom of the year long bear. Now is merely small fluctuations well above that point.
Each market cycle has its top and its own bottom, and we are in a new market cycle and it is difficult to know if we have reached the bottom, it seems the price is having a positive tendency during the last days and this could indicate that we have in fact reached the bottom, but we will have to wait because it is impossible to tell if that is true after just a few days of positive results, we know how volatile this market can be and we could lose all of the progress that we had made in a single day. At least, the indicators of the cryptocurrency market indicate an improvement in the position of Bitcoin and Ethereum, because over the past week these coins have risen in price by almost 10%. But this applies only to the highest rated cryptocurrencies, because the entire cryptocurrency market is in a bearish trend. I very much doubt that it is worth trusting some unverified data and forecast. During the last days the rest of the altcoins have given signs that they are alive but things are not what they seem like, the growth of bitcoin could be because of the halving that is coming and we can give a simple and elegant explanation, but what about the rest of the coins? To me I do not see why so many coins are giving incredible profits and all of those that invested after that pump thinking they will get some easy gains are probably going to regret investing in those coins. |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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January 16, 2020, 06:20:29 PM |
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Yes, the market has already reached its bottom and in 2020 it has already grown slightly above the bottom, I hope that over time the market will only grow up.
Hmm, how do you know it is bottom or the half point of the downtrend? I don't try to catch the falling knife because the wound will be bigger than whatever I will get in hand, from my experience. The experienced traders also think twice before buying the bottom which can go to the dippest level after the clicking to the first available "ask order". The crypto market's volatility can drain the energy of trader with melting account balance faster than a blink of an eye. I have seen such crazy volatility years ago, luckily the traders don't face such situations nowadays. |
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drachman
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January 21, 2020, 02:31:35 AM |
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Yes, the market has already reached its bottom and in 2020 it has already grown slightly above the bottom, I hope that over time the market will only grow up.
Hmm, how do you know it is bottom or the half point of the downtrend? I don't try to catch the falling knife because the wound will be bigger than whatever I will get in hand, from my experience. The experienced traders also think twice before buying the bottom which can go to the dippest level after the clicking to the first available "ask order". The crypto market's volatility can drain the energy of trader with melting account balance faster than a blink of an eye. I have seen such crazy volatility years ago, luckily the traders don't face such situations nowadays. No one really knows when we have reached the bottom, but a lot of people like to pretend like they do, as you say that is impossible to know and it is only after the fact that you know that the price is not going to go down any further, but when the price is going down you have no way to know for sure that the price is not going to go down anymore, so it is important to be realistic about what we can do when the market is going down or otherwise we're going to buy at the wrong moment and lose money because of it. |
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fourpiece
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January 21, 2020, 05:39:05 AM |
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Market has already hit its bottom last year, half of this year will be the recovering and rest will be exciting. Im seeing 1trillion marketcap on the last month of the year. Another unstopable bull run will happened after the halving.
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novaprime
Sr. Member
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Activity: 812
Merit: 251
UniDApp - it's DeFi time!
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January 21, 2020, 08:38:27 AM |
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Market has already hit its bottom last year, half of this year will be the recovering and rest will be exciting. Im seeing 1trillion marketcap on the last month of the year. Another unstopable bull run will happened after the halving.
Market has not been able to achieve the highest growth but I hope that this year will be different because everyone is waiting for the uptrend. In January there were a lot of altcoins rising very high and some coins are starting to have an impressive recovery so surely this year there will be a lot of changes. I sure altcoin season may return soon because this is the best time to make a profit and certainly many coins will reach new prices. However, all stop at the prediction and any investment is risky so please consider carefully and make the right decision when investing in this market. |
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iv4n
Legendary
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Activity: 3136
Merit: 1172
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January 21, 2020, 11:47:42 AM |
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Market has already hit its bottom last year, half of this year will be the recovering and rest will be exciting. Im seeing 1trillion marketcap on the last month of the year. Another unstopable bull run will happened after the halving.
Market has not been able to achieve the highest growth but I hope that this year will be different because everyone is waiting for the uptrend. In January there were a lot of altcoins rising very high and some coins are starting to have an impressive recovery so surely this year there will be a lot of changes. I sure altcoin season may return soon because this is the best time to make a profit and certainly many coins will reach new prices. However, all stop at the prediction and any investment is risky so please consider carefully and make the right decision when investing in this market. Entire market, judging by the coin market cap, had the bottom last year, but who is the pulling the market? Top coins and some new and strong projects, while some coins are going down and it seems like they will go deeper! So it's fair to say that some coins reached their bottom long time ago, while some not. And just a quick reminder, don't expect from every coin to recover from that bottom, some will stay there! |
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sniveling
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January 21, 2020, 04:18:00 PM |
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The market has already reached its bottom and has grown for a long time, I think this year we will see growth in the market in the majority.
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Bitze
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Activity: 1638
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January 22, 2020, 04:39:47 PM |
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Yes, the market has already reached its bottom and in 2020 it has already grown slightly above the bottom, I hope that over time the market will only grow up.
the thread has been around for almost a year now. has the ground been reached in this time? i think so.  as we all know, the market in general often doesn't behave as one would expect. so please don't take too much risk and be careful. if in doubt, keep your distance and check your portfolio as rarely as possible. |
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longyenthanh
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January 22, 2020, 04:58:14 PM |
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Yes, the market has already reached its bottom and in 2020 it has already grown slightly above the bottom, I hope that over time the market will only grow up.
the thread has been around for almost a year now. has the ground been reached in this time? i think so. as we all know, the market in general often doesn't behave as one would expect. so please don't take too much risk and be careful. if in doubt, keep your distance and check your portfolio as rarely as possible. The bottom was at the level of $3k and it was already a year ago. I think that there is no chance for the BTC price to fall so low again. However, I agree that we have to be very careful, because the recent increases were in my opinion a little too fast. Certainly it was not a natural increase in price, so I suspect it could be a bull trap. |
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hendra147
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January 23, 2020, 05:25:36 PM |
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the bitcoin price will be stable above $8000, i think the price can't be lower than thats, the next bull target $10k, so the price will rise everyday.
better we buy some then holding it, holding bitcoin for a long period is good option, you must waiting arroung 10th master ?, so you can enjoy the results.
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jarhed
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January 23, 2020, 07:16:51 PM |
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The bottom of the market has already ended a long time ago, now there is no particularly strong growth, but also the market does not fall down, which is already pleasing.
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pajak666
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January 23, 2020, 11:38:01 PM |
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The bottom of the market has already ended a long time ago, now there is no particularly strong growth, but also the market does not fall down, which is already pleasing.
Wouldn't be so sure about it. BTC is quite struggling to get past some point and there is nothing on the horizon that should guarantee it's growth. Halving is not something that will have such a big impact. Each one of them has smaller impact and this will be the last meaningful one. We are getting to the point where fees should be what keeps the system going and not the block reward. Besides of that unfortunately nobody need any crypto at this point. Still gotta wait for more development and while people get bored the price will be dropping. |
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