alanshen23 (OP)
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September 27, 2019, 08:17:44 AM |
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It seems to bear market. Should I hold BTC now?
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ZimmerJason
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September 27, 2019, 09:16:29 AM |
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I think BTC will plumb to 20K at the end of 2019  |
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Vaculin
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September 27, 2019, 09:22:30 AM |
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It seems to bear market. Should I hold BTC now?
At the situation where BTC is falling, the best thing you have to do is to hold and trust it will again recover. About your question if it will drop to 3K this year, I think it's possible but it will less likely to happen because instead of BTC getting its new ATH this year, we are expecting it to get its lowest price this year. Don't be so affected or panic with what is happening, think that from sub $3k this year, btc were able to rise at $13K before it falls to the current price, and that is only in a matter of 6 months I guess. |
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DeathAngel
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September 27, 2019, 09:35:37 AM |
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$3,000 is not going to happen this year & will probably never be seen again. We’re building up to the halving in May 2020 so the price is likely to slowly increase in the New Year & likely explode upwards in late 2020 - late 2021.
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Shenzou
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September 27, 2019, 09:42:34 AM |
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It seems to bear market. Should I hold BTC now?
With the price that bitcoin is at right now the only thing that you should do is hold, the price this years has been a mess and it lead us all to doubt about our investments, but it is not something to makes us doubt the potential of bitcoin as an investment, lets be honest this we had nothing to hype us up or to push the prices of bitcoin to go up, and even if the prices of bitcoin fall i don't think they will reach 3k, and i am sure as we get close to the end of year we will see it rise since next year we will get the halving which will defiantly effect the prices in a good way. |
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Jating
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September 27, 2019, 10:08:21 AM |
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It seems to bear market. Should I hold BTC now?
It is possible, we have seen the price plummet from $20k-$3k isn't it? But currently the price seems to be holding ground at $8k, but we can't discount the possibility that it can go down hard to $3k or even shoot up back to $10k. Really up to you whether to hold on your BTC right now. No one here has the crystal ball to see what's going to happen in the future. What's your plan though after selling? Or are you a long term investor? |
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pundit
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September 27, 2019, 10:34:01 AM |
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It seems to bear market. Should I hold BTC now?
Be cautious, this may a bear trap before price pump. I suggest you to calculate your risk and act accordingly. If you have bought BTC at lower price I would suggest you to wait, even if you have bought at higher price and can bear some dd still you should wait. BTC was already in red for past many months, it was recovered to $13000 recently and now there is a sudden drop in price, it may be some sudden correction following some news. Search the internet and make you decision based on some solid ground. |
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Haunebu
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September 27, 2019, 10:35:05 AM |
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$3,000 is not going to happen this year & will probably never be seen again. We’re building up to the halving in May 2020 so the price is likely to slowly increase in the New Year & likely explode upwards in late 2020 - late 2021.
The halving event is scheduled in the middle of 2020 which is why it will probably explode in value during the first half of 2020 itself. On top of this, any more positive news will push it even higher. It is possible, we have seen the price plummet from $20k-$3k isn't it?
I don't think this will repeat even though it is completely possible since the halving event will urge many holders to HODL their BTC until next year at the very least which will probably push it back close to $11K in the near future. |
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NeuroticFish
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September 27, 2019, 11:53:03 AM |
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It seems to bear market. Should I hold BTC now?
1. It's not a bear market. Maybe bear market will start after this, maybe not. We'll see. 2. We don't know what the future holds, but there are much more voices expecting a new ATH in 2019-2020 than a drop to 3k. 3. Please don't ask us to decide for you what to do with your money. |
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UnDerDoG81
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September 27, 2019, 12:12:23 PM |
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Yes / No
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Reid
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September 27, 2019, 12:17:16 PM |
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No. I dont think so.
6k was my lowest speculation and up until now it is the same even with the recent fall.
There is no correction that is coming anymore.
It happened before because of the price suddenly rising without any reason at all. Then, it just go back to where it should be.
Lucky for those who have abused that large amount.
But the recent increase was a slow one. I doubt it will fall that fast.
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YuginKadoya
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September 27, 2019, 01:08:10 PM |
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I think BTC will plumb to 20K at the end of 2019 That is just wishful thinking and I guess the price will not end up increasing anytime soon and I think that we are still in the bullish market but the price is really not budging any more right now and now has low volatility as of now, I can not know why the price suddenly drops from $10,000 USD to $8000 USD but I got a feeling that the key level right now is if the price goes down it will be $7700 USD and will not go beyond that, And if the price increase we will retain the $10,000 USD mark that is movable a few weeks back then, I guess this is my speculation for now regarding the movement of Bitcoin. |
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proudhon
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September 27, 2019, 01:34:40 PM |
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Will Bitcoin cross 3K USD this year? Yes! Absolutely! |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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fabiorem
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September 27, 2019, 01:37:14 PM |
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It already did, was in January.
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Wilhelm
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September 27, 2019, 01:41:20 PM |
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Will Bitcoin cross 3K USD this year? Yes! Absolutely! Lol .... |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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hopenotlate
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September 27, 2019, 01:47:26 PM |
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Bitcoin price tripled up within 4 months ( March to July 2019) so a correction was expected, I see it as a healty correction btw.
It happened in a short timeframe and also in concurrency with other important events ( bakkt being the main one).
Don't take it as a financial advice as am not an expert nor market analyst : what I withnessed it was only just another day in crypto world in my eyes.
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STT
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September 27, 2019, 02:14:27 PM |
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The more people say never, the more likely it becomes because its certainly possible under certain circumstances but also its quite unlikely right now I think and for this year. The wider picture for 3k Bitcoin would involve general market selloffs and a stronger dollar with higher interest rates maybe where as we are seeing lower interest rates so for the moment I dont think this happens.
What we have currently is a pullback from market after rises and some news and anticipation from speculators. A revision in prices is normal and positive long term so long as it aids buyers to find a price they are willing to hold BTC at for greater then just trades from day to day.
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Pab
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September 27, 2019, 02:20:56 PM |
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Faster will be near 20K then 3K
I will be very bearish if weekly close will be below 7355$
But i don't see that will happen
I think we will have few nervous days then bitcoin will be back to bull run
But i am watching bitcoin dominance.If will be doping rapidly below 70% then i will change my mind
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romero121
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September 27, 2019, 02:32:30 PM |
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It seems to bear market. Should I hold BTC now?
1. It's not a bear market. Maybe bear market will start after this, maybe not. We'll see. Yes, it isn't the bear market. The market has got manipulated based on the bitcoin futures contract launch. Another thing stated is the quantum computer from Google. We don't know what is the truth. 2. We don't know what the future holds, but there are much more voices expecting a new ATH in 2019-2020 than a drop to 3k.
Agreed, for the year 2020 there is more events scheduled to take place with cryptocurrencies particularly ethereum and bitcoin. Also 2020 is a milestone year for Cryptocurrency as well other activities around the world. 3. Please don't ask us to decide for you what to do with your money.
As mentioned one needs to decide themselves what to do next. With cryptocurrency we can give suggestions, also we don't know the perfect outcome. Better is to do their own research and decide. |
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CODE200
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September 27, 2019, 02:39:25 PM |
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It seems to bear market. Should I hold BTC now?
The price of bitcoin is now around 8,000k USD unlike few days ago it just like 10k USD as you can see many people think that bitcoin might fall again. For me, We don't know yet if bitcoin will totally get down at 3k USD but if this thing happen many people might hold and buy more bitcoin. Maybe I will also buy more bitcoin. But still hoping that bitcoin will not fall in that price. |
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