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Author Topic: BTC bottom is yet to come???  (Read 1894 times)
ravv2016 (OP)
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April 20, 2020, 02:53:59 AM
Last edit: April 21, 2020, 01:15:41 AM by ravv2016
 #1

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  Grin
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April 20, 2020, 03:01:37 AM
 #2

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin

 You know... Bitcoin is the only non-altcoin, right?  This is the bottom before the halving.  Don't hold your breath for $3k

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April 20, 2020, 03:03:42 AM
 #3

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin
I don't know if it's bull trap but Im not expecting to down at $3000 the price of the bitcoin and don't expect that too because it is very risky you know why because once mamy people see the price goes down they start panic and another dumped will happen and maybe lower $3000 will see so don't expect that. I hope this is the highesr bottom for the bitcoin this year which is $5000 or $6000.
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April 20, 2020, 03:14:08 AM
 #4

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin

 You know... Bitcoin is the only non-altcoin, right?  This is the bottom before the halving.  Don't hold your breath for $3k

You might be probably right too but don’t why still I am feeling that way... My heart is telling me BTC price will be in rising trend now but brain says it’s not over yet...Fingers crossed😁😄

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April 20, 2020, 05:43:02 AM
 #5

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin
Just Keep your feeling inside you because we don't have the same  Grin

as the first poster says this is the only Non-Altcoin and we have been in 4k bottom last month thats enough if we are just looking for correction.



But if things comes to worst and Your feeling is true?then maybe i will be thankful as i can buy another Bitcoin myself.

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April 20, 2020, 08:33:07 AM
 #6

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin
I don't actually feel that there will be another bottom but if there is then let it happen.

It is likely that we have hit the bottom and even if we think of it, there is always the tendency that a possible another bottom can come in. I don't think of this to avoid pressure and just keep silent while holding.

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April 20, 2020, 11:47:59 AM
 #7

i think there is another bottom to come before the halving event.. many people will think of that, though we are not sure what will happen, just hold btc and lets wait for us to be safe rather than loosing and never had a chance to buy again after
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April 20, 2020, 12:01:00 PM
 #8

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin
i dont feel that btc will fall below 6500$, most holders will wait for the halving to happen  and what they are  doing is they accumulating btc were they will get huge profit after the halving cause the price of btc will surely pump.
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April 20, 2020, 12:39:30 PM
 #9

I don't think it will ever happen again, the bottom this year was around $4K and I don't think we will ever see that again this year.
We are already experiencing the worst situation of the economy, but look at the price, it still recover, so I think bitcoin will be stable and rise a bit going to the halving.

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April 20, 2020, 12:52:36 PM
 #10

i think there is another bottom to come before the halving event.. many people will think of that, though we are not sure what will happen, just hold btc and lets wait for us to be safe rather than loosing and never had a chance to buy again after
The crypto market is often unpredictable and all predictions can be wrong so I will not predict the price of Bitcoin for the time being. However, I can guarantee this market will return to the highest price increase phase if the altcoin season comes back because that is definitely a time that will be of great interest to many major investors. People may consider investing but you need to be careful because you don't always make a good profit.






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April 20, 2020, 01:09:27 PM
 #11

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin

I guess we already see the bitcoin price is down to $6900 after it stays at $7k because the green candle turns into a red candle, but right now, the price back to $7k price level again. I hope that it will not goes down for deeper, but everything can be possible. If the bitcoin price once again goes down deeper, then that would be our best chance to buy more bitcoin because we might not see that chance in the future unless there is a big dump happens in the market, which will make people panic.

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April 20, 2020, 01:16:55 PM
 #12

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere in 3000s range again  Grin
Let’s just see if your feeling is correct and besides we cannot control the market and better to be ready. This might me a bull trap, a big hype before the halving and after the event people will see, we don’t know. If there’s another bottom then so be it, I still see bitcoin to be great after the virus and years after the halving.

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April 20, 2020, 01:50:55 PM
 #13

Yeah ,everyone including me wants to see the bull market this year again and hopefully it will come soon but this market is unpredictable totally...In 1 hour it can rise by 500$ and in 1 hr it can plunge by 1000....So let’s see what it brings this year overall😁😁
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April 20, 2020, 03:18:00 PM
 #14

Don't you think price fluctuation might happen because of halving?? If you think yes then let me tell you that market doesn't work like that. Actually dump depends on the sale of BTC especially panic sellers, if everyone are holding automatically the demand will increase similarly it we become the talk of town...

At this point of time I think there might not be any dump coming as the market is going on the positive track and I believe it will continue the same..

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April 20, 2020, 03:22:39 PM
 #15

Sorry, I do not agree with your wish or prediction, you won't be able to buy Bitcoin at that low price before halving, maybe you missed the last chance when the Bitcoin price was 3800$! As we already have seen the bottom only a month ago, so I don't think it will happen again! Rather Bitcoin price may increase to 8-9K USD, because of the halving hype!

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April 20, 2020, 03:48:33 PM
 #16

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere between 3k-4K range again  Grin
I don't think anymore bearish markets for bitcoins. The last year's bitcoin bottom price was around $3800 levels and this year's could be around $5500 levels hence we cannot expect bitcoin to test prices again below $6000 levels anymore. Because, we are having scheduled halving of bitcoins to happen in less then two months from here so we can expect obvious bullish markets in coming weeks or at least stable market because new people entering and people who are selling may deal in equal amounts.

Also, the current worldwide recession due to corona outbreak, may lead to big investment turning into crypto space because people must be looking for safer investments as their traditional investment opportunities are not performing well on this slow economic conditions. So, I do not think bitcoin may experience another bearish trend here after.
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April 20, 2020, 03:54:11 PM
 #17

I do not know for sure. however currently prices range from $ 7,000- $ 8,000. if prices will go down according to your expectations, then obviously this will reduce investors to invest in crypto money

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April 20, 2020, 06:44:55 PM
 #18

You put this threas in the wrong place by they way, you have to move it the wrong place https://bitcointalk.org/index.php?board=57.0

I found many article that stated the same strategy although most of them have predicted thay bitcoin price will go lower before halving event comes, they predicted the price will touch $5200 again as its lower price. It will be the right prediction since we only see bitcoin price stable at $6800 and $7200 for a few week. So it is normal that we can face the saturation point of traders and it will make bitcoin price goes to lower.
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April 20, 2020, 10:34:46 PM
 #19

The worst side of speculation is to be forced to make a prediction before the news events and this is the bad time to enter the volatile crypto markets.
That's how people speculation, they do speculate before and after a certain news, and people have different speculation so some are correct while some are wrong, some makes money, some loses, that's pretty how the it works, basic.

Everything is possible, my guess is the false breakout after testing $8000.
What do you mean by false breakout? BTC does not show it's breaking out.

R


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April 20, 2020, 11:51:15 PM
 #20

Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere between 3k-4K range again  Grin
At the bottom again? We can't decline that actually, but sorry I don't have a feeling this time even the pandemic couldn't make it.
Becoming into that market position will surely have a reason, it could for a whales trick or something that hacking events could be. Well, a lot of reason to have declined but I don't see these few recoveries will lead into bull trap nor it was because of whales. This is the reality about Bitcoin, we go up and down all the time, we shouldn't have to wonder why because of its volatility feature that lives inside crypto.

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