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Author Topic: A Deep or Correction?  (Read 3199 times)

Offline SmartGold01

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Re: A Deep or Correction?
« Reply #75 on: January 28, 2025, 11:13:04 PM »
Donald Trump already joined but there has no big empact on cryptocurrency market. I think within short time market will up If any chance market were go down then it will very bad for investors.
I think if from this position market will go down then it go huge down even if Bitcoin price were go down and come $50k again that will not big surprise for us.

Like for real man? $50k, moving all the way from $100k+ to $50k. If this happens, then the crypto market will face a very long time situation of recovering from such dip.

Trump effect made the very impact we are currently experiencing in the crypto ecosystem, the popularity, interest and desire for country's adoption has made Bitcoin and the crypto industry more visible than ever. Still on high expectations, (though making room for any price correction that might occur) that the price will soar even more than that which we have seen, though it might go a little slow, just as the way is currently is going.
@kulkhan did you really know what you are saying?
I wouldn't be surprised if you says that but I must say, Donald has played his part towards the market and he has used Bitcoin to get himself into power which almost the young people and those who are Bitcoin lover gave him support making him to emerge as winner against his opposition party. So telling me or saying that he had no effect shows very ungrateful to say. It was through his political speech bitcon broke an ATH we never expected before and even though after inauguration we didn't see any effects we should take that as political strategies to get himself into office back since he sees that Bitcoin is world and it's the global trending which Biden didn't used for his campaign, instead was against Bitcoin.

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Re: A Deep or Correction?
« Reply #75 on: January 28, 2025, 11:13:04 PM »

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Offline debra

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Re: A Deep or Correction?
« Reply #76 on: January 28, 2025, 11:20:03 PM »
Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?


Offline milewilda

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Re: A Deep or Correction?
« Reply #77 on: January 29, 2025, 09:50:19 AM »
Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
If you are really that good when it comes to FA and really that good on driving with the hype then you can be able to utilize it but of course there's always that tendency to lose up money if you do let yourself that getting left behind with the hype and this is something that you should be putting up into your mind because we do know that once you do put up yourself on that FOMO thing then it will really be that a huge problem but once you do able to get in so early then it will really be that good but if you do saw that you are on already that being behind or the price had already pumped then dont tend to chase up such thing.

Online taufik123

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Re: A Deep or Correction?
« Reply #78 on: January 29, 2025, 11:43:00 AM »
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
I sold some of my Bitcoin when the hype was at $109k, but after the inauguration happened or when the inauguration took place, Trump did not mention Bitcoin, which did make Bitcoin maxi or crypto market users disappointed because there was no new statement about Bitcoin and the crypto market.

The price became unstable and tended to fall, and a correction that even reached the $90k price area.
But this is a good opportunity to start buying back before Trump speaks out again about Bitcoin.

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Re: A Deep or Correction?
« Reply #79 on: January 31, 2025, 11:21:24 AM »
Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?

A politician will always look for a good or the very best means to use in achieving his target. He had a great effect during the election period and before the inauguration, it was not as bubbling as we expected after the inauguration day.

All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.

The current price of Bitcoin is struggling, though will get it's ground along the line at least before the first 100 days of services.
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Offline martinex

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Re: A Deep or Correction?
« Reply #80 on: February 01, 2025, 05:42:57 PM »
I sold some of my Bitcoin when the hype was at $109k, but after the inauguration happened or when the inauguration took place, Trump did not mention Bitcoin, which did make Bitcoin maxi or crypto market users disappointed because there was no new statement about Bitcoin and the crypto market.

The price became unstable and tended to fall, and a correction that even reached the $90k price area.
But this is a good opportunity to start buying back before Trump speaks out again about Bitcoin.

Yes, before the inauguration the price also started to rise and what you did seemed to be quite accurate in your prediction. Today the market is still in a wait and see discourse and waiting for good news. If there is, I am sure the price will be boosted even though it is relaxed.

For the opportunity to buy BTC even though it is above $102k at this time, in my personal opinion, it is not a problem because the growth rate is still quite long.

Offline Rubel007

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Re: A Deep or Correction?
« Reply #81 on: February 01, 2025, 09:20:11 PM »
Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.
He has just taken over the reins so it will take some time to see the effects. I am not worried about the current market conditions. The market is not only bullish. Sometimes it dumps and sometimes pumps. Recently, I think that even if the price of Bitcoin decreases slightly, it will be within the limits. In the last 7 days, the price of Bitcoin has decreased by about 3.7%, which is very small. Even if the current price decreases further, there is no chance of saying that it will have a major negative effect.

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Re: A Deep or Correction?
« Reply #81 on: February 01, 2025, 09:20:11 PM »


Offline jeraldskie11

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Re: A Deep or Correction?
« Reply #82 on: February 02, 2025, 04:54:41 PM »
Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.
He has just taken over the reins so it will take some time to see the effects. I am not worried about the current market conditions. The market is not only bullish. Sometimes it dumps and sometimes pumps. Recently, I think that even if the price of Bitcoin decreases slightly, it will be within the limits. In the last 7 days, the price of Bitcoin has decreased by about 3.7%, which is very small. Even if the current price decreases further, there is no chance of saying that it will have a major negative effect.
Yeah, I don't think we have to worry that much about what happens in the market. We are still in the bullish market, and to see downward price action is part of it. We can't see a price action to any trading pair that has no retracement. It is normal to see a fluctuation because the price depends on supply and demand. The price would go further to the bottom side but it's healthy price action. So we don't have to panic if that happens, and it's a great time to buy more.

Offline philipma1957

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Re: A Deep or Correction?
« Reply #83 on: February 02, 2025, 05:37:17 PM »
So the downward death spiral has started!!

or not and the moon shot comes very very very soon.

frankly just stack and stack and stack
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Offline Stompix

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Re: A Deep or Correction?
« Reply #84 on: February 03, 2025, 03:00:28 AM »
It is normal to see a fluctuation because the price depends on supply and demand. The price would go further to the bottom side but it's healthy price action.

Healthy price...lol!
In what bubble do you people live?
The whole world is bracing for tariffs, slowdown economics, destroyed trade and thousands of job losses and you think this is a "healthy" action.
Every time I read something here I have the feeling some crypto lovers live in a different dimension or something

Offline jeraldskie11

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Re: A Deep or Correction?
« Reply #85 on: February 03, 2025, 06:32:37 AM »
It is normal to see a fluctuation because the price depends on supply and demand. The price would go further to the bottom side but it's healthy price action.

Healthy price...lol!
In what bubble do you people live?
The whole world is bracing for tariffs, slowdown economics, destroyed trade and thousands of job losses and you think this is a "healthy" action.
Every time I read something here I have the feeling some crypto lovers live in a different dimension or something
What I'm talking about is the price action not the "price", meaning the market structure. I can say that the market structure is still bullish because for me the invalidation is below $70k. If they went below that, then it's a confirmation that the market is turn to bearish. Now, just because we are bullish doesn't mean we can't see any bearish momentum like this. I know it's hard to see the market with a red price, but it's obviously a retracement. Instead of being mad with the current market, try to look at it in a positive way.

Offline Stompix

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Re: A Deep or Correction?
« Reply #86 on: February 03, 2025, 07:42:32 AM »
I know it's hard to see the market with a red price, but it's obviously a retracement. Instead of being mad with the current market, try to look at it in a positive way.

So you're saying I should toss aside every ounce of reason and think that just because some randomly drawn line on a chart says a thing that is real, and continue living in Lalaland while every single economist out there is telling us to brace ourselves for a recession.
Man, the copium and denial in this community are astonishing.


Offline jeraldskie11

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Re: A Deep or Correction?
« Reply #87 on: February 04, 2025, 04:26:38 PM »
I know it's hard to see the market with a red price, but it's obviously a retracement. Instead of being mad with the current market, try to look at it in a positive way.

So you're saying I should toss aside every ounce of reason and think that just because some randomly drawn line on a chart says a thing that is real, and continue living in Lalaland while every single economist out there is telling us to brace ourselves for a recession.
Man, the copium and denial in this community are astonishing.
As what I have observed in the market, whenever I see a good zone in the market but it's too far from the price, there is a news that showed up to make that happen. This usually what I have observed in the market since years of looking at the chart. Maybe the news is a real thing or not, it really affects the price and big players use it to decide when the market is consolidating. We are back to $100k now, so I think everyone is happy. :)

Offline JoyMarsha

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Re: A Deep or Correction?
« Reply #88 on: February 04, 2025, 08:53:25 PM »
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.

Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone

Offline debra

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Re: A Deep or Correction?
« Reply #89 on: February 04, 2025, 11:17:22 PM »
I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.

Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone
I think it is normal if people expect much on Trump's speech in the day of his inauguration. It is because Trump made some big promises for crypto and Bitcoin industry. As Trump the president of US, he has a big power to influence the Bitcoin price. But it only can happen if Trump make any good statement for Bitcoin and crypto. Unfortunately, he said nothing about crypto or Bitcoin. However, it is true that Bitcoin doesn't depend on Trump.


 

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