are we gonna rekt and all of our dreams of 50000$ per bitcoin going to get destroyed?
well, we haven't yet reached 1 trillion of the market, it has a lot of space, I do not understand why people only follow the Bitcoin and take it as a KING when there are stronger and real productive coins available. You can read and understand the different coins available at coinmarketcap.
And now about Bitcoin, well it was overpriced and it is overpriced. there are big whales losing faith when it dropped like a falling knife, I know many big guys left bitcoin because of its drop in value with no support. they understand there are big guys backing this thing and they can easily manipulate the market and burn the other players.
It has lost major value and tanked down badly after going straight up last year, now straight down to the old price where it was last year.
And there are chances to back even more down now as the market sentiments are changing.
last but not least, there are some positive months ahead of where people do think that its going back to new ATH, I am one of them, and it is just my feeling. I can say it will go at least 10k in January.
If Chart below doesn't show up. Zoom in first hit refresh icon, and zoom out.
FrostByte1000
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If you fail to see the forest from the tree's then you will always be lost.
BullishAbandonedBaby
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Oh, and one more thing. Please send me all of your bitcoins if it's another "bitconnect". Looks like you don't need it anymore.
BullishAbandonedBaby
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Are you really so naive that you believe posting a chart with your negative description will make everyone run to sell asap, and then you'll buy cheaper?
TheFirstMan
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BTC has no intrinsic value, there is NO justification on a 4k price, it can fall to 0. You cant trace the traders of crypto so high float players (big boys) can and have manipulated the price to attract idiots who take advice from these posts supporting long position, get rid of this pile of shit while you can before the next price target is 1k.
Poukitoun
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Assuming what you drew is correct ;)
Criptominingit
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Amen
fract
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Counter
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Countertrade the bears:
sanchits87
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It's not going to 10k in Jan, this is only in basis of TA. We might see a lower lows by jan 2019 n not 10k.. We may touch 5.5-6k.. N then back down to lower sub4k levels by Jan/Feb n then maybe a final shakedown to previous bull mkt highs of 1k n then consolidate in 3k range n then maybe bull cycle starts in late 2019/2020. Really u think altcoins are more powerful then bitcoin. Why don't people undertand alts are their to just make more Btc or loose more. They are centrallized peice of shit and Owend by people who are just printing money by creating alts. When Btc goes below 3k.. 90% alts Wil perish n few which will remain will be value at few cents to a dollar each. Institutions are only innterested in btc n Btc will be the only store of value and maybe a currency in future. Pls stop comparing Btc to alts. Any person who undertands the fundamentals of Btc won't talk about alts. Alts are good for trading n making more Btc or loosing thats it. Btc Will reigh Supreme once again when alts die n Btc has 90% mkt share.