✴️ BITCOIN TO $1000? HOW LOW CAN THE CRYPTOCURRENCY MARKET GO? 🤷🏼‍♂️

in #charlesfuchs6 years ago (edited)

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What Up STACKERS!

It's pretty amazing to see all the "Gainz" that we experienced from the middle of 2017 bull run has been completely wiped out.

The total "Market Cap" is currently pushing around 108 Billion Dollars (as I write this) from it's all time high of around 831+ Billion in January of this year. 700+ Billion Gone!

It's pretty crazy to witness this kinda downturn but this is how bubbles pop. Most investors and traders were caught with there pants down, literally. 🤣

In the last 6-10 months... I've been seeing so many people on Social Media "predicting" a bull run soon... this makes no sense to me.

How can cryptos have a bull run while being in a bear market? It doesn't work that way.

It's going to take a while before we see a significant rise in the markets. Don't get me wrong, we can see some rallies from here and there but it won't even be close to what we seen in 2017.

Who Knows, I can be completely wrong. In my eyes, 2019 is going to be a year of accumulation in the lows where we can see Bitcoin at a range from $1000- $6000.

(Yes, $1000 Bitcoin is a probability as my "most" pessimistic outcome). 😳

With that being said, I'm only looking toward the future as we can't change the past (only learn from them). 👨🏼‍🏫

Remember, this isn't financial advice and always do your own research. I'm just an Asian Dude livin' in Las Vegas! 🤣

So what are your thoughts? Am I negative or just a realist? I guess only time will tell!

Keep On STACKIN! 💞

~ Charles Fuchs

For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.

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I agree we haven’t seen the bottom yet, and although it’s hard I’m going to keep adding to my stack knowing it might still go lower hopefully one day it will pay off. Cheers mike

Bitcoin will pay off in about 3-5 years but most people don’t have patience. 🤷🏼‍♂️😀

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I think your not far away, thanks mike

I’m still stackin. 💯

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I don't often look at the BTC chart. Gimme a sec.

$1000 is a definite possibility. It certainly took a huge dive recently. It looks like the next resistance line of note is around $3k. It could bounce off that. There's also some resistance around $2k. If it goes down to $1k, that will be a complete return to the starting point of the previous pump. If it does hit $1k, I would say that's a perfect time to buy in. Like absolutely perfect.

But that's just my personal opinion. People are responsible for their own financial decisions. I don't have any permission slips from any government overlords to give financial advice.

You got all the perfect resistance lines. $1800-$2200 will have to hold if not... timberrrr 😂

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i’m ok with these cheap prices. and accumulation mode for 2019 is fine by me.

if we are never spending more than we can afford to lose, we’re enjoying the cheap prices.

if we bought at all time highs and Junior ‘s college fund is gone....Time to get a job and pay that back.

we KNEW this was a possibility. and the fortunes i’m sure will be made during this sell off.

but i’m just a white guy in canada. don’t listen to anything i say lol i’ve lost thousands this year lololol

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Your last sentence 😂🤣😂🤣

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sad. but so true lol

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I'm White guy from Croatia and I lost tens of thousands...

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Just keep o stackin those chips 🤣

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as low as the market deem fit haha
i saw 500 and some even 2014 low 100

personally 3000 then 2700~2200, 1500 should really attract alot of buyer sentiments.

PS :
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I agree! I would love to see bitcoin at $2000, fill up my bags 😂

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has it been 700? ..it'll come back.. just give it time lol🙏😄

We might have to wait a year 😂

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or 2? maybe less😂

You are very correct.... Lots of crypto analyzer have mislead many people. I remember early March many predicted rise in crypto in August but it was all lies. Among many others, I remember some predicted rise in December here we are still everything going more dip while some predicted rise in other crypto but not bitcoin.

They have all hide their face with shame, it is better to give a tentative guess than to mislead others. I love the way you did your analysis.

I don’t think they lied, they just didn’t know what they were talking about while filled with euphoria. 😂

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They saw blur vision lolz

Based on my in-depth technical analysis we all should just sell all cryptos that we hold and file for bankruptcy because bitcoin is dead. It will not come back and even if it does you cannot spend a ghostly bitcoin. @stackin

Oh snap! 😳😀

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Imho, if btc goes to $1,000 it has failed, and will go to zero. That’s certainly not to say that blockchain tech as failed, as that’s clearly not the case. But if we see $1,000 btc i will eat my own dick!!! Lofl!
Get it while you can mofo! We might not have seen the worst, but my money sez we are bottoming out right now...
but time will tell us the truth — it always does!
😜👍

There was some floors which has been broken and it might dive deeper. A dude living in LV... For sure you are a gambler Charles !
So what is your strategy, at what price would you buy ? 1000 USD ?

My sweet spots are $2800, $1800-$2200 and of course $1000 if it can get there. I will have to wait and see if we bounce off those 😀

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Bitcoin is vanishing,i am finishing.

Bitcoin will always survive 😎

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