What do you consider to be BTC's bottom price?

[BitcoinMike 32]

Everyone is looking and waiting for the BTC bull run to start but I think we already in our bull run and have established a true bottom already.  A lot of people were fooled by the FOMO pump to $13K early last year and think that we are possibly in jeopardy of going through the same fake out pump.  What price do you feel is the true bottom?  

 

As a trader would you put your stop loss at the current bottom, $6K or $3500?

[Oxygen 1004]

Just now, BitcoinMike said:

Everyone is looking and waiting for the BTC bull run to start but I think we already in our bull run and have established a true bottom already.  A lot of people were fooled by the FOMO pump to $13K early last year and think that we are possibly in jeopardy of going through the same fake out pump.  What price do you feel is the true bottom?  

 

As a trader would you put your stop loss at the current bottom, $6K or $3500?

The bottom price in this year could be $3300, most likely it will hang up from $4000 to $6000. But it will definitely touch the all time high in this year.

[iloveyobit 6599]

I am not a specialist analyst in bitcoin, because it is manipulative and highly volatile, meaning that technical analysis is not suitable for him in most cases, but I think we have not reached the bottom yet.

[tienda 8776]

What do you consider to be BTC's bottom price? I think there are not anybody or specialist, expert in trading who can predict the situation of Bitcoin price, because it is so very volatile, but Bitcoin will write again the history higher than 2017.

[Nakamoto 279]

Sorry mate. But bitcoin will never touch 3K anymore unless something really bad happens. We already gave people a chance to buy at 3K. About the bottom price, we should resist at 15K and I hope will be more.

[suzuya 945]

I think when bitcoin drop it's price at it's lowest it will be around 3000 dollars to 4000 dollars and it will not drop lower from it. And dropping on that price will be really good because many people can start buying and investing in bitcoin.

[PiroSense 2681]

7 hours ago, BitcoinMike said:

As a trader would you put your stop loss at the current bottom, $6K or $3500?

I'm also looking for another dump before the real bull run. $6k might be more likely, since $3.5k might be too low for the investors to buy in and still believe, that's nearly 56% loss when happened, and also to mention that the price is relatively stable near $8,000, sharp pumps like in $13k are more expected to crash sharp also than a stable sideways price.

Edited January 14, 2020 by PiroSense

[Jeet Narayan 1940]

There is a very high chance of bitcoin going up. But when the price of bitcoin comes down, then its price maybe $ 4000 to $5000. I'm also awaiting Bitcoin price come down.

[Afrizal rahman 2636]

Yes we have to look at a graph that is always changing. But we always expect an increase, by looking at demand and supply. Currently the prices continue to be pumped up and we will see it together, whether this year the prices will improve.

[Migo 7946]

The market is unstable at all, and we are seeing many prices in one hour, we can say that now we are witnessing some bull run but not too much, I have some predictions for cryptocurrencies that maybe the price will increase more than that in the near months 

[Satishmolankar 1703]

This this time the market is very fluctuate the crypto currency and this time go to the long time best is buy at low and sell the price you have target that would be the best way to go that is my pridiction 

[Brushless4500KV 4214]

13 hours ago, BitcoinMike said:

Everyone is looking and waiting for the BTC bull run to start but I think we already in our bull run and have established a true bottom already.  A lot of people were fooled by the FOMO pump to $13K early last year and think that we are possibly in jeopardy of going through the same fake out pump.  What price do you feel is the true bottom?  

Bottom price in each year is different but the common low price for bitcoin is $6K to $7K range. It has fallen to $4 or $5K too but this is not a common price range. Whenever bitcoin goes below $7K, I start buying even if it goes lower than that because I know it will definitely pass this point again. We should pay attention to frequently repeated prices.

[pakjobhelp 1585]

The Crypto Market Expend:-

In my opinion. It is the great reason for goes up price of crypto currency that new investor comes and invest in crypto coins. When new crypto trader come and increase in invest then demand of crypto coins increase and market price goes up. In this way 2020 is lucky for bitcoins and other crypto coins.

[bliznec 22267]

The true bottom of bitcoin, we have already passed. This mark, it seems to me, was around $ 7,000. Nothing more, because the threshold of $ 6,000, we do not see this threshold. 

[fuer44 1083]

We can also use the moment of the lowest price drop by buying as much bitcoin as possible to pump up prices. I think cut loss is not a solution, so keep hodl and be patient.

[Romaan1987 601]

16 hours ago, BitcoinMike said:

Everyone is looking and waiting for the BTC bull run to start but I think we already in our bull run and have established a true bottom already.  A lot of people were fooled by the FOMO pump to $13K early last year and think that we are possibly in jeopardy of going through the same fake out pump.  What price do you feel is the true bottom?  

 

As a trader would you put your stop loss at the current bottom, $6K or $3500?

No one actually knows the exact bottom of prices of bitcoin. Most of the experts failed to provide a long term analysis, But short term analysis mostly worked. 

[patitaycute 648]

It is not possible for Bitcoin to dump high as $3,000, the only believeale was Bitcoin value might fall to $6,000 this year. All investors wants to invest on a small value. 

[BitcoinMike 32]

21 hours ago, Oxygen said:

The bottom price in this year could be $3300, most likely it will hang up from $4000 to $6000. But it will definitely touch the all time high in this year.

I believe we already established a bottom and all time highs are on their way.  Thanks for commenting.  F4F

4 hours ago, fuer44 said:

We can also use the moment of the lowest price drop by buying as much bitcoin as possible to pump up prices. I think cut loss is not a solution, so keep hodl and be patient.

Accumulation is absolutely the name of the game at this point.  Three year cycle of the bull run is definitely in effect.  I'm looking for 50K this year.

4 hours ago, Romaan1987 said:

No one actually knows the exact bottom of prices of bitcoin. Most of the experts failed to provide a long term analysis, But short term analysis mostly worked. 

There's clear charting points to find the bottom especially on the chart I provided.  I sense FOMO about to kick in a rise to 9-9500 before we hit overbought status.  Thanks for commenting. F4F

21 hours ago, Dip Deb said:

Would you consider BTC as below price?  No it never  Bitcoin prices will go up a lot.  Hopefully he will be doubled in 2020.  And we will be working up and down.

I feel bottom was at 3600's.  The current area that would bother me right now is 7600.  As long as 8K holds we are fine in this bull run.

[Fatihgani12 348]

we need to find the best support level and buy before pumping coins, this is the time that is very secure for long-term Bitcoin holders to earn income.

[bentayebsalah 2280]

I think Bitcoin will achieve the lowest price which is 6000 because there is the strongest support point

[Win 1015]

We don't know  actually what is the bottom price of the bitcoin.there is no other person in this world i think that can tell really what is the bottom price of bitcoin.even the iwner or management of crypto exchanger

[Yanadia 1517]

I am not sure this year's decline will reach $ 6000 for Bitcoin. Because from my analysis every year the decline in the price of Bitcoin goes up. Maybe the decline of only $ 7,000 is the price of the Bitcoin penalty this year and now still good moment for buying

[Sid 589]

I think around the price of $ 6K for the lowest price, but we can't be sure of the future with certainty so it's still possible the price will go down even more

[Usman Abdulmumin 354]

Our market can change whenever and for purchase we have to discover best Support level and purchase before siphoning coin and this is acceptable time to enter in light of the fact that market most reduced base now and now showcase indicating great execution.

[Hatred 1388]

On 1/14/2020 at 2:11 AM, BitcoinMike said:

Everyone is looking and waiting for the BTC bull run to start but I think we already in our bull run and have established a true bottom already.  A lot of people were fooled by the FOMO pump to $13K early last year and think that we are possibly in jeopardy of going through the same fake out pump.  What price do you feel is the true bottom?  

 

As a trader would you put your stop loss at the current bottom, $6K or $3500?

For me, I consider that bitcoin reach its bottom when it reach $3000. It will be a tough job to make it pump very high. But pumping it is not impossible but it will take to long to reach its current amountif it is in $3000.