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Author Topic: DON'T MISS! Proof Bitcoin/Crypto Nowhere Near Bottom!  (Read 615 times)
koshkamia91 (OP)
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December 30, 2019, 11:12:35 AM
 #1

Don't lose sight of the BIG BEARISH picture! So many people are calling the bottom right now, but the big picture analysis says that the bottom is NOT in.

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Bitcoin_bullish
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December 30, 2019, 11:43:19 AM
Last edit: December 30, 2019, 12:06:37 PM by Bitcoin_bullish
 #2

As far as I'm concerned it is always a good time to invest in Bitcoin. The fud campaign since this summer is created by no-coiners that missed out the 4K level and are trying hard to bring the price close there again.

I care more about adoption and how we will be able to open markets and sectors of the economy for Bitcoin to be used. Short term profits are for speculators.
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December 30, 2019, 11:55:37 AM
 #3

Don't hear anyone analysis in crypto.Hard to believe that its dip. Make your own research before buying crypto.I think this buying bitcoin right now is good choice.maybe it can be lower but not more than 6.8k$.But I am trying to buy and hold,doesn’t matter what is the price.Because I am long time bitcoin holder.Do better to go and buy crypto(own Choice).Keep in mind invest those money that you can afford to loss.                   

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December 30, 2019, 12:22:48 PM
 #4

Don't lose sight of the BIG BEARISH picture! So many people are calling the bottom right now, but the big picture analysis says that the bottom is NOT in.

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they are a line of people who are hurt and also a line of people who left behind to buy at the lowest price of $ 3000 at that time, now they are popping up by analyzing like experts when they really want to buy cheap, they want to return the price of $ 3000 and get off track from the analysis in fact, many people like this have sprung up on the forum thread, I assume they are just jealous people, don't ever trust their analysis

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December 30, 2019, 01:26:08 PM
 #5

Don't lose sight of the BIG BEARISH picture! So many people are calling the bottom right now, but the big picture analysis says that the bottom is NOT in.

upload image

This discussion about the Bottom is a discussion that begins and takes a long time to discuss and never ends in any plausible conclusion. When the price was $3300 they said the Bottom was $2500 and others said the Bottom was $1000. oddly enough that the price went up to $12000 and when the price was already over $10000 the same people who They said the Bottom was $1000 They started saying that the Bottom was $3300. I know technical analysis is not crystal ball, but most of the time I see charts with many lines and all to prove that the price will fall and then the price goes up a lot.

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December 30, 2019, 01:39:39 PM
 #6

I believe everyone is entitled to their opinion but the truth is i doubt if this analyst really have any idea where the actual bottom of btc or crypto will be, so many times btc has proven many analyst wrong, i believe the market can determine the bottom eventually, one thing i do know is that btc has achieve so much since the past 10 years.
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December 30, 2019, 02:40:30 PM
 #7

No one gonna stops me from investing in bitcoin and altcoins. For me, bitcoin and other coins in the top market are for the long term. So I always ignore short term speculators and it doesn't affect me, they are one of the wannabes. The fall down of prices is not new, it really happens but if you believe, you'll gonna get what you wanted.

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December 30, 2019, 02:56:05 PM
 #8

Don't rely on anyone's analysis. Everyone should do their own research. What do we mean by doing your own research? You need to learn to read graphics. You should also follow the news about Bitcoin closely.
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December 30, 2019, 03:18:02 PM
 #9

Don't hear anyone analysis in crypto.Hard to believe that its dip. Make your own research before buying crypto.I think this buying bitcoin right now is good choice.maybe it can be lower but not more than 6.8k$.But I am trying to buy and hold,doesn’t matter what is the price.Because I am long time bitcoin holder.Do better to go and buy crypto(own Choice).Keep in mind invest those money that you can afford to loss.                   
There were times that we will no longer care whether it's dip already or not as we already plan it to hold longer and see what may happen in the future, as I already allocate amount that I intend not to use and just keep it as BTC till the market recovers. We need to set into up to when and how much are we going to hold to avoid panic due to news.

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December 30, 2019, 06:11:36 PM
 #10

Don't lose sight of the BIG BEARISH picture! So many people are calling the bottom right now, but the big picture analysis says that the bottom is NOT in.


Oh my, better sell me your bitcoin right now then. I'll give you 50% over what you think is the bottom, if you want. What's your bottom then, since we already hit $3.4k this year, you still think it can go lower? $2k? $1k? Happy to give you double for your bottom too. I know, I know, I shouldn't be so generous since you're so confident, but hey it's the festive season.

Trust me, most people haven't lost sight of the big picture. How big's yours?

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December 30, 2019, 06:41:42 PM
 #11

This means that you should wait to buy bitcoin at the minimum and raise a lot of money at the peak.
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December 30, 2019, 07:08:19 PM
 #12



If its going to bottom again, i hope its bottom will be affordable for an individual with minimum wage salary not just $3k.

On the other hand, the bear had been ruling the market for 2 years, are you not surprise why you are still here in crypto market despite this extensive bears who keep suppressing the price?  They are not done and will extend to 2020, I'm going out of crypto but will still hold my coin in my wallet if this bear still manages still.

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December 30, 2019, 08:02:08 PM
 #13

Don't lose sight of the BIG BEARISH picture! So many people are calling the bottom right now, but the big picture analysis says that the bottom is NOT in.

upload image

This discussion about the Bottom is a discussion that begins and takes a long time to discuss and never ends in any plausible conclusion. When the price was $3300 they said the Bottom was $2500 and others said the Bottom was $1000. oddly enough that the price went up to $12000 and when the price was already over $10000 the same people who They said the Bottom was $1000 They started saying that the Bottom was $3300. I know technical analysis is not crystal ball, but most of the time I see charts with many lines and all to prove that the price will fall and then the price goes up a lot.
Bitcoin is an incredible invention.It was a 8 miracle of the world.Personally, my opinion is that regardless of the schedule, bitcoin will still fall very much in price and then it will cost a lot of money.
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December 30, 2019, 09:09:04 PM
 #14

It depends on who you ask as to which way it’s going to go in the short term. Who do we believe?  The truth is that no one knows in the short term what will happen. I will buy more if it drops. And I will hold if it rises. We should all have a strategy for either situation.

 
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December 30, 2019, 10:41:06 PM
 #15

This means that you should wait to buy bitcoin at the minimum and raise a lot of money at the peak.
Or buy bitcoin at the current prices before it goes up unexpectedly. There are people that are always looking for the bottom and a bottom after a bottom. They have their own standards of how much the bottom is but if you will rely on them you're likely to miss the buying opportunity. If you will always wait for the said bottom of those analysis, how long you are willing to wait for it if from time to time those calls are changing?

It's good to read and listen sometimes to these analysis but we have our own verdict still at the end of it. But if you are allowing yourself to be influenced with these analysis, you will never have the time to decide for yourself whether it's the bottom or not, whether it's at the peak and time for selling.

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December 31, 2019, 01:31:44 AM
 #16

Well, yea. Even without looking at what you said, just the fact that BTC has started from 3k this year and ended at 7k is already a sign that it ain't gonna bottom out anytime soon. Plus, if we were to look at the decades, then that's less than a dollar to 7k this year, which is an impressive feat I might say.
 
This means that you should wait to buy bitcoin at the minimum and raise a lot of money at the peak.
No one even knows when Bitcoin would actually hit its minimum lmao. Its easier said than done you know. With how confusing its movement at times is, and how dumps and pumps suddenly happen. I'd rather just buy it rn or some time close today and just hold for a long time. Even if I don't get the maximum money I could get, I can still get the minimum.

R


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thecodebear
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December 31, 2019, 05:17:18 AM
 #17

Ha no, if you are talking about the bottom from a year ago, that is long since passed. Current bottom is 6000s. Expect to see price start rising again in early 2020. A stalling out of price after a big rise following the end of the bear market is normal. My guess is we're coming to the end of that price stall, and this bull market cycle will continue soon. Long term the second half of this year will just look like a part of 2-3 year bull market.
bassbity
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December 31, 2019, 05:59:59 AM
 #18

No one even knows when Bitcoin would actually hit its minimum lmao. Its easier said than done you know. With how confusing its movement at times is, and how dumps and pumps suddenly happen. I'd rather just buy it rn or some time close today and just hold for a long time. Even if I don't get the maximum money I could get, I can still get the minimum.

That's a good way, when you buy bitcoin then keep it in a cold wallet and then stay the market for a long time I'm sure this will be a surprise later when you reopen the market, because if buying continues to still monitor the market I'm sure it won't went wrong because many people would have speculated about the price of bitcoin so you were affected by it.
So what you say is good too.
YuginKadoya
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December 31, 2019, 07:23:54 AM
 #19

In my opinion, it is always good to enter Bitcoin even though we are in a bullish trend but it is in the best thing that one should enter a bearish market, but investing in Bitcoin has no prior market highs or lows it is always a good thing to surely invest in it,

This Bottom thing, in my opinion, is not really important I think that the important thing here is to keep you update with the big all-time high that is always happening, in the sign of a bearish movement all I am doing is not keeping this a problem to always enter my money even a small amount is an additional investment in my opinion.
adaseb
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December 31, 2019, 07:34:51 AM
 #20

I don't think many people think the bottom has been hit. Actually most people are calling for $5000-$5500 to be the bottom, they are thinking the 200 WMA is going to be strong support again like it was at $3100 about a year ago.

The issue is that since everybody is bearish right now and expecting $5500 then most likely the opposite will happen. We will either go up from here, or we go down but don't reach the $5500 area.

I've seen those log charts you posted, and they sure suggest a bottom is far away but they are very high time frame charts and I don't think there are enough data point to make them prove accurate.

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..BUY/ SELL CRYPTO..
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