BTC bottom is yet to come???

[Stedsm]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere between 3k-4K range again  

Yeah, BTC will go to -2560 (it's minus 2560) before it starts to gain record high profits. 

Haha, just kidding. You've got the exact number here, so be prepared for a big dip to take place as we might see a rollercoaster ride yet again due to halving being on the table. I see no reason for BTC not to spike high tremendously but for that to happen, it needs to push those springs deep down which it is doing now. But yeah, unlike others, now I don't see the Coronavirus pandemic to become a reason behind that drop that will be happening soon.

Why is this topic in Speculation (Altcoins) when it's purely about Bitcoin speculation?

[itsv]

well judging by the year we had so far nothing is impossible and the volatility in crypto markets is nothing new. So for no one can be sure 100% that it wont happen,  all one can do is predict so BTC halving is  the next big event which is few weeks away .... what if this time something opposite happens? As majority of people are expecting another crazy bull run!

[lienfaye]

Well imo the price of btc wont go that low, but instead it will increase while the halving is approaching. This is because some investors believe that this event can trigger the price to increase thus they will accumulate before it happen.

On the other side anything can happen. You can be right with your speculation but only time can tell so lets just wait and act base on our own analysis about the market.

[Teraboy]

Well imo the price of btc wont go that low, but instead it will increase while the halving is approaching. This is because some investors believe that this event can trigger the price to increase thus they will accumulate before it happen.

On the other side anything can happen. You can be right with your speculation but only time can tell so lets just wait and act base on our own analysis about the market.

It can go that low but it will not happen again as the fundamental that has already built since the last big dump is much more stronger right now. People just realize even in the pandemic and bitcoin is still increasing a lot to go back to the 6k line. Just try to make sure if there will be no a big panic sell again that will happen.

[kotajikikox]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event

I am not expecting nor wanting to have another bottoming but i am ready if does because at least i may add some coins like Ethereum because for sure it will fall down together with bitcoin.

 I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

well either it happens or not? at least we have a chance to sell now and buy again with bear comes,or stay holding and add when ready.

[Japinat]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

I would be happy to accumulate again, I was able to dispose bitcoin at a profit the amount that I bought during its last pump this year, so it should be another opportunity to accumulate, and your feeling could be right as the market is very unstable now, due to the global crisis.

[btc_angela]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

I think we have seen the bottom already, 2018 @$3200 and just last month alone, $3800. Of course there is always that possibility, but prior to halving it could be around $5k-$6k top. I don't think that we can see the price going on the $3'ish level again, unless there's another bad news that will come along. So the worst have happened already, (Covid-19) and we didn't bounce back so there's no way for the market to flash crash again.

[Febo]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

If we have a total economic crash that will for almost sure happen. We are in a very uncertain times.  If second covid-19 wave come and all countries do another totally identical lock down we are almost there. Then there can also be a third wave. But we might get vaccine. And we might be way more ready as we are for the first wave. There is a lot of Ifs and guessing. Big uncertainty.

[plvbob0070]

Well imo the price of btc wont go that low, but instead it will increase while the halving is approaching. This is because some investors believe that this event can trigger the price to increase thus they will accumulate before it happen.

On the other side anything can happen. You can be right with your speculation but only time can tell so lets just wait and act base on our own analysis about the market.

There's no assurance that it will totally increase while halving is approaching. But, I'm only sure that there's still a possibility that it will go down again since we are still under of big crisis and we don't know if some of the holders will gonna keep their bitcoin or they'll gonna sell it. I also believe that it can trigger the price to increase but then I can't think in that way because we all know that bitcoin is so unpredictable and just like what you have said anything can happen. That's right just stick with your own analysis and watch the movement of bitcoin so if ever it goes down again you can ride on buying the dip.

But for me, I guess its totally possible to fall again just like what happened before.

[ethereumhunter]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

I would be happy to accumulate again, I was able to dispose bitcoin at a profit the amount that I bought during its last pump this year, so it should be another opportunity to accumulate, and your feeling could be right as the market is very unstable now, due to the global crisis.

We can feel that will be a good opportunity to buy more bitcoin if somehow, the price getting dump so hard. But I hope the price won't go lower than $6 although that can be possible to happen because the crypto market is too volatile right now. The important thing that we can do now prepares and be ready for the bad things that might happen so we can use that time for ourselves.

[Smitty Werben Man Jensen]

Bitcoin prices are already lower at the end of March, you can see the graph, I think there is no decline in $ 3000 anymore, strong support is at the level of $ 5,000, especially halving will occur, certainly if the price does not rise then the miners will lose  

[jahepahit]

everything can happen as you predicted. but certainly, all of that is determined by interested ones. if many of the investors who sell the bitcoin they have of course this will cause a very sharp price reduction

[Viscore]

Bitcoin prices are already lower at the end of March, you can see the graph, I think there is no decline in $ 3000 anymore, strong support is at the level of $ 5,000, especially halving will occur, certainly if the price does not rise then the miners will lose  

We will see what will happen since the halving is schedule is near, some are expecting to rise, while some expect it will not move due to covid-19.

As the stocks have fall, it would be a great recognition for bitcoin if it will rise, but like I said, let's see as this remains to be seen first.

[bitgolden]

everything can happen as you predicted. but certainly, all of that is determined by interested ones. if many of the investors who sell the bitcoin they have of course this will cause a very sharp price reduction

If many of new investors start buying then we will see sharp bounces in bitcoin price levels as well. Both must be having equal chances as of what is happening right now in this crypto space. As per my technical analysis, bitcoin has already bottomed out. The recent pull back is just a small hiccup and we can expect strong rising from here onward. But, we must need any positive news about the possible end of the current corona pandemic.

At the same time, it seems Chinese investors are too active these days to acquire almost every business which means they may show interest on bitcoins too. So, regardless of what will be happening on world economy, we may expect bitcoin to be performing good in coming days as there will be a halving for bitcoins in very short time span.

[milewilda]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

If we have a total economic crash that will for almost sure happen. We are in a very uncertain times.  If second covid-19 wave come and all countries do another totally identical lock down we are almost there. Then there can also be a third wave. But we might get vaccine. And we might be way more ready as we are for the first wave. There is a lot of Ifs and guessing. Big uncertainty.

Nothing is still assured as long the vaccine isnt out yet.We would definitely experience that crash when things turn out toe be like that.This wont only affect crypto market but in all sorts of markets would definitely had that problem.I cant even imagine on what would be the world be like if this situation does continue for more months.When we do talk about BTC bottom then it wont never be guessable thing, its always be a question and
people would keep on speculating it will vary or depend on whats the current condition because even we do say that traditional markets wont affect crypto but thinking as a whole where people doesnt have money to roll on
then we would really saw a domino effect.

[Stedsm]

...any positive news about the possible end of the current corona pandemic.

Corona? I guess you are thinking too early for that to happen. It is believed that China has made an aggravation to the already known Corona virus and made it so destructive that it has become a pandemic now and to my own belief (I've said this a lot of times), I see China to be making a great comeback in their economy as well as stealing international money from all around the globe by selling their medication products like masks, ventilators, sanitizers, etc. Don't just think that they are stopping here, they are also preparing for a World War 3 (yes, WW3 is what I'm seeing, that too during this pandemic season) because they know that everyone is busy dealing with Corona, that's when they may invade other borders which are sealed but everyone is in fear of getting infected.

At the same time, it seems Chinese investors are too active these days to acquire almost every business which means they may show interest on bitcoins too. So, regardless of what will be happening on world economy, we may expect bitcoin to be performing good in coming days as there will be a halving for bitcoins in very short time span.

I literally don't think that they'll give a damn about BTC as they've got enough things to make money from, and if their economy gets a lot more stronger than ever, then I guess that they'll first start with oil, then other commodities, metals, foods, etc. and let the whole world be penurious to them.

[Yamifoud]

Bitcoin prices are already lower at the end of March, you can see the graph, I think there is no decline in $ 3000 anymore, strong support is at the level of $ 5,000, especially halving will occur, certainly if the price does not rise then the miners will lose  

We will see what will happen since the halving is schedule is near, some are expecting to rise, while some expect it will not move due to covid-19.

As the stocks have fall, it would be a great recognition for bitcoin if it will rise, but like I said, let's see as this remains to be seen first.

And I am one of those who are not expecting the market move high. Of having less than a month before halving, it was not enough for the market to recover. In fact, we are in the downside again which seems to dump more as the global market and huge business dumps. I know we are not expecting to see the market trend like this but we are correlated with the local stock market which could be a reason why we already see a downfall trend after a few days of the price hike.

[xSkylarx]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

I still have my hope for Bitcoin. I'm not losing my faith in it and I believe that it could actually reach a good price right before the halving. I'm not expecting that it will rise to a very high value but it won't drop that low. Bitcoin is quite resistant to every global disaster so even the pandemic wouldn't affect it that much.

[rodskee]

Guys, how many of you feel Bitcoin will test another bottom before the halvening event  I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range  

I am Bullish about Bitcoin ever since so i will never had this kind of thinking or feeling mate,because what i am believing
 is Positive mind will bring Luck than Negative.
and besides i have seen the fall last month and for me that is more than enough to believe that Market are now in
stable situation and only waiting for the time to grow again.with the help of Halving and also the cure for this Virus?.
 together this will bring a major growth in this crypto market and that is what i am looking for now.

[JCviggen]

it is possible, but the chances are not very high. It seems to me that we will not fall below 5 thousand dollars. we can see 5500 in early May. I placed buy orders at 5500.