Quote from: qumatru on October 21, 2019, 09:13:47 AM

Quote from: redsun114 on October 19, 2019, 04:06:15 PM

Quote from: zhekinsp on October 18, 2019, 04:19:41 PM

Quote from: Chaintrader_1 on October 13, 2019, 08:47:55 PM

Hey guys,

I really do think Bitcoin has bottomed out right now.
1st we haven't seen any close below the weekly EMA and it acted as support
2nd Correction of 45% one of the highest ones so far
3rd Bullish divergence on the weekly chart
4th triple bottom reversal pattern

For my complete analysis check my YouTube video : https://youtu.be/XUyoGTJH8FY

But it doesn't yet,we faced dump after this post as well and chances for more dump to hit $7000,any new analysis after that dump?

That dump is a minor dump and it is too early to start judging it by what the op said, the value will definitely still rise back, the bulls are really keeping the market stronger, I know that there has been many people predicting that bitcoin will still bottomed more at $6000, anyway, we are still hear watching if those who predicted it will be mocked, or it will surely drop down that low.

If it drops, it will still be another point of investment for many people, because this could be the last $6000 we will actually see again after which the next price action will be bull run, this $6000 drop could actually be the bull run point that some analyst are greatly waiting for as a catalyst to the next bull run we will have and I am suspecting it also because I am also planning to buy at that $6k, so as other are too.

We all are well aware of the fact that bitcoin is going through downfall at the moment and we all also know that the rise comes in the last month of the year or so. So what else can we expect from bitcoin and whole digital market during dip other than giving us a chance to buy our favorite coin at least price possible. Like you, I also think that this is going to be the last time we will ever see bitcoin worth 6k dollars.

The last time I heard that 'last time' phrase was before Bitcoin hovered for a long time over $10,000 and even rose above that. They say, it was the last time Bitcoin will ever touch that 4-digit price. I was happy with them. I was also hoping they were right. And yet here were are at $8,000, just fresh from $7,000. Funny how people are bullish when the price is not. And who would have imagined that Bitcoin would touch $3,000 once again when it already reached $20,000?