Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kWell, I think it's wrong to say that we are witnessing the biggest correction of the year, since we aren't even half way into the year yet, this is the month of March, the third month, and we still have like nine more months to go, who knows what we can see, or to expect in the coming months.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kTwo days ago when BTC was at $72k I was told to book some of my profit and then wait for the BTC to take correction but I was lazy enough that I did not booked and now today when I saw the price I feel regret. Well what can be done now. It was a big correction and I hope we don't see big dumps even in the halving correction.
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Data shows that crypto-tracked futures suffered over $800 million losses, the second-largest figure this year. Longs, or bets on higher prices, suffered $660 million in liquidations, likely contributing to the sharp downturn. Liquidation occurs when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kBitcoin dropped below $67000. It dropped to $65600. It is now around $68100.
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?The market price of bitcoin can not continue to increase without any correction, but this will deceives some people as if bitcoin will continue fall. We are not in bear season. Some people will take advantage of it and buy at the low price which is wise. Bitcoin will get to $100000 which is what I am looking forward to see and not correction that is meant to occur which is normal.
I think what OP means by that is we are witnessing the biggest dump so far. This may not be considered a huge percentage of the decrease in the price of Bitcoin, but it may be the start of it. We all know that correction happens with more than 20% or even up to 80%.Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kWell, I think it's wrong to say that we are witnessing the biggest correction of the year, since we aren't even half way into the year yet, this is the month of March, the third month, and we still have like nine more months to go, who knows what we can see, or to expect in the coming months.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Anyways, I would also join as many saying that the dump is a norm, to also say that it's a norm, bitcoin just recorded a new all time high at $73,000, it's normal thing to expects some dumps particularly from those who would want to be taking profit, and this is also a very good opportunity for new investors who have been on the side looking for good entry point to enter the market now in preparation for the next leg up.
I've in some of my previous posts said it that we werent in a bull market yet, the bull run will come after the halving comes and goes, this dump is a confirmation of that I believe.
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?As far as I know, there was also a big correction a month before halving in 2020 but it was in the date 13. I think it is normal because many people probably sold their Bitcoin when Bitcoin reached the new ATH above $70k. They want to secure their profits first, then they will rebuy when there is a correction. Sure, when the supply is increasing because many people sold their Bitcoin, then the price will drop temporarily.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kMay be the beginning of market dumping. However, the US government's announcement of selling Bitcoin above 15,000+ I think has dumped the market a bit, and since Bitcoin reached the new ATH, the market may have been dumped a bit. We all know the market will dump before the halving, maybe the market will dump before the halving and after the halving the bull run will start after a few months. But I am not at all worried about this dumping I will buy more if the market goes down and increase my investment more.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Same here, No plans of selling my holdings for now instead I will keep on DCAing so I am able to achieve my goal to get 1 Bitcoin. I know how hard it is given that I only have small amount of it weekly but still better than nothing. I think what had happened in 2021 might happen again so expect the price to keep on rallying this year. Selling is not an option for me because quantity keeps on decreasing due to high prices so yeah the best thing to do here is hodl.Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kMay be the beginning of market dumping. However, the US government's announcement of selling Bitcoin above 15,000+ I think has dumped the market a bit, and since Bitcoin reached the new ATH, the market may have been dumped a bit. We all know the market will dump before the halving, maybe the market will dump before the halving and after the halving the bull run will start after a few months. But I am not at all worried about this dumping I will buy more if the market goes down and increase my investment more.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
~It's a normal market correction I would say.
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Same here, No plans of selling my holdings for now instead I will keep on DCAing so I am able to achieve my goal to get 1 Bitcoin. I know how hard it is given that I only have small amount of it weekly but still better than nothing. I think what had happened in 2021 might happen again so expect the price to keep on rallying this year. Selling is not an option for me because quantity keeps on decreasing due to high prices so yeah the best thing to do here is hodl.If you say what happened in 2021 then it seems like it has already happened because when you look at cryptocurrency prices in 2021 many people have increased prices and that has already happened in 2024, the next thing that will happen is likely to be a collapse in cryptocurrency prices on exchanges. As long as you have money income in the real world then you don't need to sell the Bitcoins you have.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Well yeah, DCA is the best thing to do here regardless of how low or high prices is on the market because we all know that whether we like it or not Bitcoins price will skyrocket in the coming months or years so if we wanted to maximize that possible profit then we keep on accumulation Bitcoin. I know a lot of investors are now waiting for the price to reach the bottom so they can fill their bags again and again.Same here, No plans of selling my holdings for now instead I will keep on DCAing so I am able to achieve my goal to get 1 Bitcoin. I know how hard it is given that I only have small amount of it weekly but still better than nothing. I think what had happened in 2021 might happen again so expect the price to keep on rallying this year. Selling is not an option for me because quantity keeps on decreasing due to high prices so yeah the best thing to do here is hodl.If you say what happened in 2021 then it seems like it has already happened because when you look at cryptocurrency prices in 2021 many people have increased prices and that has already happened in 2024, the next thing that will happen is likely to be a collapse in cryptocurrency prices on exchanges. As long as you have money income in the real world then you don't need to sell the Bitcoins you have.
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?Historically it is always like this because I came across some post on net quoting before the halving there is always a great market increase and close to halving or after halving there is another bear then next the year, before bull comes fully. Anyone who is doing investment should be able to track the bitcoin history so that he won't lose heavily.
~snip~
It will be scary if this continues out to next week and maybe we will see $40k-$50k again.
On the other hand, it will be a great opportunity to buy and not missed the incoming bull run post-halving activity.
It is a norm that there must be a correction in the price, whenever the pump has gone high. The correction is to enable the price to pump higher than the previous price of 73k. Nobody knows if this will be the correction for the upcoming halving, but I believe that the price will still move back to 73k or above before the halving will take place. Corr tions in bitcoin price should be seen as an advantage for us to add more bitcoin to our portfolio, because we have seen how high the price has gone up, and this shows that bitcoin will hit a price above 100k this year.
It is a norm that there must be a correction in the price, whenever the pump has gone high. The correction is to enable the price to pump higher than the previous price of 73k. Nobody knows if this will be the correction for the upcoming halving, but I believe that the price will still move back to 73k or above before the halving will take place. Corr tions in bitcoin price should be seen as an advantage for us to add more bitcoin to our portfolio, because we have seen how high the price has gone up, and this shows that bitcoin will hit a price above 100k this year.
- Yes, it's true. So congrats to the holders who took profit after reaching the 73k, and now the others for sure are buying again with a discount, of course.
Even in other altcoins that are in sync with bitcoin that also exit profit, buy in the dip at the moment.
So while the price is taking off again little by little, here we are. Let's apply DCA again. This is what most traders or holders always do in this field of the cryptocurrency business industry.
Most investors have already sold bitcoin at $73K, they have also started buying back. Let's wait next week for bitcoin price movements, will it still be difficult? or will experience a high increase to $75K.I don't think investors will always cause the price of bitcoin on exchanges to collapse because there are many factors that can influence the price of bitcoin, one of which is when there is bad news that might hit wallets with a lot of content or whales really want to make price corrections. no one knows which one is true.
The DCA system is always good to use to buy bitcoin, I use it too.
When it comes to price dumps then there are tons of possible reasons which are the factors that could really affect out market movements on which this isnt something new. Market could really be just only having that 2 possible movements which is up and down. If you are someone who is really that tending to hold then it would be your choice. Whenever the marketMost investors have already sold bitcoin at $73K, they have also started buying back. Let's wait next week for bitcoin price movements, will it still be difficult? or will experience a high increase to $75K.I don't think investors will always cause the price of bitcoin on exchanges to collapse because there are many factors that can influence the price of bitcoin, one of which is when there is bad news that might hit wallets with a lot of content or whales really want to make price corrections. no one knows which one is true.
The DCA system is always good to use to buy bitcoin, I use it too.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
a reasonable correction in my opinion, there is a possibility that with this correction there will be many investors who enter again, because they are waiting for the opportunity for this correction to lead to the bullrun ahead,Yes, the new investors will buy Bitcoin when the market is in the correction. During the price skyrocketed, they didn't brave to buy Bitcoin, now they have the chance to buy. I'm sure the price of Bitcoin will increase again soon because there is a significant increase of trading volume. A higher demand, there should be a chance for a higher price.
For certain parties, market correction becomes a very good time to add more accumulation of their assets, not only Bitcoin but also altcoins, certain Altcoins, I meant. For, they may think that this moment may not happen again several times before it's going to rise up again. But, surely, Even now, the price of BTC is still at $68, going up and down. So, there is still an opportunity for Bitcoin lovers to re-accumulate BTC.a reasonable correction in my opinion, there is a possibility that with this correction there will be many investors who enter again, because they are waiting for the opportunity for this correction to lead to the bullrun ahead,Yes, the new investors will buy Bitcoin when the market is in the correction. During the price skyrocketed, they didn't brave to buy Bitcoin, now they have the chance to buy. I'm sure the price of Bitcoin will increase again soon because there is a significant increase of trading volume. A higher demand, there should be a chance for a higher price.
Most investors have already sold bitcoin at $73K, they have also started buying back. Let's wait next week for bitcoin price movements, will it still be difficult? or will experience a high increase to $75K.
The DCA system is always good to use to buy bitcoin, I use it too.
I don't think investors will always cause the price of bitcoin on exchanges to collapse because there are many factors that can influence the price of bitcoin, one of which is when there is bad news that might hit wallets with a lot of content or whales really want to make price corrections. no one knows which one is true.
Let's even say that investors are selling, a true degen and diamond hands don't sell their coins when there is any bad news because their own goal is not to sell when the price is lower but long term vision just like a person that bought Bitcoin when it was around $100 and despite all that has happened around bitcoin, they are still holding it today.If they bought bitcoins around $16,000 to $20,000, they have solid reasons to take profit above $60,000 but very few people bought bitcoin at such low prices. Especially new market participants who are mostly join the market in recent months when price at least above $40,000 or $50,000 or even higher than $60,000, it does not make sense to take profit.
The Pi Cycle Top is the most popular Bitcoin cycle top calling indicator that exists.
And for good reason, it was 1 day off from the top in April 2021 and between 1 and 3 days for every top before it.
But before that cross can happen, price needs to stay above the 350 DMA*2 priced at $70,400 and increasing.
It has been stiff resistance in every cycle.
The first touch of the Moving Average in a cycle has typically been the mid-top (purple arrows), but with price making new ATHs, this seems to be a late-stage retest.
Late-stage retests are much quicker and come before the true cycle top parabola.
This cycle still has plenty of room for growth!
I mean take profit is nothing wrong, we all should take profit but if we have a long term vision, strong belief in Bitcoin, and understanding about its history, we will see there is space for it to rise more.Yeah exactly for some holding for long is the best choice for them. But for other traders like me, I prefer taking profit but I also save the other half for long term. Since I think most of us here treat Bitcoin as an investment, we can do whatever we want with our investments. We can take advantage on both trends whether down or uptrend.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
What made you think that we will be in uptrend after dumping into 17-20%? is there anything that you can show us to believe what you are saying or this is just your complete analyzation ?Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
According to my analysis, the 17%–20% correction in the market has not yet been met, but once the percentage that I mentioned is achieved, we will be in an uptrend again, and the price values of the cryptocurrency that is on the top list in the market will increase.
Right now, we see all red in the top cryptos, apart from Bitcoin, of course. But I also believe that Bitcoin will not fall below 60k$; that's all I see in my technical analysis so far.nice, so you are good in TA? if you are then I may try to be convince .
The market peaked at 73K this March in 2024. But Urdumukhi place has come down from 73k to 62k at present. I think the reason for the price dumping at this time is positive because only investors can reap the most benefits when the price of Bitcoin goes up and down. As we are very close to the halving, and opportunities have arisen for Bitcoin investors this is the only good opportunity to invest. If you invest now, you will have to wait until 2025 to reap the maximum benefits.
Not all analysis will be correct, because it is impossible to get the accurate price movement of bitcoin, so I will assume that it is speculation. What I have to say is that we should hodli and wait till after the halving and not to join the weak hands who bought due to FOMO, when the price was 73k, and sell of. A lot of investors were taking profit, amd this was why we are seeing this level of correction in the price of bitcoin.What made you think that we will be in uptrend after dumping into 17-20%? is there anything that you can show us to believe what you are saying or this is just your complete analyzation ?Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
According to my analysis, the 17%–20% correction in the market has not yet been met, but once the percentage that I mentioned is achieved, we will be in an uptrend again, and the price values of the cryptocurrency that is on the top list in the market will increase.
because I am looking for a concrete answer from at least some analyst or those good in reading graphs.QuoteRight now, we see all red in the top cryptos, apart from Bitcoin, of course. But I also believe that Bitcoin will not fall below 60k$; that's all I see in my technical analysis so far.nice, so you are good in TA? if you are then I may try to be convince .
Not all analysis will be correct, because it is impossible to get the accurate price movement of bitcoin, so I will assume that it is speculation. What I have to say is that we should hodli and wait till after the halving and not to join the weak hands who bought due to FOMO, when the price was 73k, and sell of. A lot of investors were taking profit, amd this was why we are seeing this level of correction in the price of bitcoin.
The market peaked at 73K this March in 2024. But Urdumukhi place has come down from 73k to 62k at present. I think the reason for the price dumping at this time is positive because only investors can reap the most benefits when the price of Bitcoin goes up and down. As we are very close to the halving, and opportunities have arisen for Bitcoin investors this is the only good opportunity to invest. If you invest now, you will have to wait until 2025 to reap the maximum benefits.I think the price at $73k is the new ATH which will be reached in 2024. The price of bitcoin can rise again usually after the halving occurs. Currently there may be bad news circulating which ultimately makes many miners sell the results they have saved for decades. until finally the price of bitcoin on exchanges collapsed like it has recently.
Yes, the new investors will buy Bitcoin when the market is in the correction. During the price skyrocketed, they didn't brave to buy Bitcoin, now they have the chance to buy. I'm sure the price of Bitcoin will increase again soon because there is a significant increase of trading volume. A higher demand, there should be a chance for a higher price.
I think the price at $73k is the new ATH which will be reached in 2024. The price of bitcoin can rise again usually after the halving occurs. Currently there may be bad news circulating which ultimately makes many miners sell the results they have saved for decades. until finally the price of bitcoin on exchanges collapsed like it has recently.
I think the price at $73k is the new ATH which will be reached in 2024. The price of bitcoin can rise again usually after the halving occurs. Currently there may be bad news circulating which ultimately makes many miners sell the results they have saved for decades. until finally the price of bitcoin on exchanges collapsed like it has recently.$73k has been reached, it is a new ATH. I'm very sure the price of Bitcoin will increase again after this dump. In the end of this month, the price should increase again because we will have Bitcoin halving in the next month. The current price drop isn't only caused by bad news, the big supply in the market may also influence it. Some people may sell their coins because it already increased high. And drop also can be caused by the manipulation of the whales. They want buy more before the halving and altcoins season.
I think the price at $73k is the new ATH which will be reached in 2024. The price of bitcoin can rise again usually after the halving occurs. Currently there may be bad news circulating which ultimately makes many miners sell the results they have saved for decades. until finally the price of bitcoin on exchanges collapsed like it has recently.$73k has been reached, it is a new ATH. I'm very sure the price of Bitcoin will increase again after this dump. In the end of this month, the price should increase again because we will have Bitcoin halving in the next month. The current price drop isn't only caused by bad news, the big supply in the market may also influence it. Some people may sell their coins because it already increased high. And drop also can be caused by the manipulation of the whales. They want buy more before the halving and altcoins season.
I agree with you, even if we are seeing a big dump, from $73k-$63k still we haven't get into the bitcoin halving, the most important event this year and for the bull cycle to start.I don't predict the market but in my opinion, there will be possibly another dump phase to drag Bitcoin down to about $51,000 to $53,000.
So if I will have to predict it, maybe at the end of the year we might be as close to $100k. Yes, I said it right, we might be getting closer to 6 digits after the bull run, so it's going to be so big and massive that everyone will be very happy in December 2024.
New investors
The inflow of new investors shows a local maximum for the last year, but in each cycle, the number of new investors has decreased.
Assess the current state of the inflow of new investors and compare it with the history of the last 11 years.
Capital Rotation
Look at the capital rotation in cycles 🔵 of old and 🟠 new investors. In previous cycles, the dominance of new investors lasted for 18 and 6 months before the peak.
In the current cycle, it has lasted for 2 months.
I don't predict the market but in my opinion, there will be possibly another dump phase to drag Bitcoin down to about $51,000 to $53,000.
From the latest ATH to current price, it is about -15% drawdown but to clean up the market, I bet that it will drop more to like -20% or -30%.
I have a thread about it
a reasonable correction in my opinion, there is a possibility that with this correction there will be many investors who enter again, because they are waiting for the opportunity for this correction to lead to the bullrun ahead,Or they'll drive the hamsters in and go test below 55k. As always, no one knows what's gonna happen tomorrow. Don't forget, the market is manipulative. Whatever the big players want to do, they will do. And they will manipulate until they get enough income. If you enter a deal, do it on small amounts + observing risk management. + Do not do it for all your funds. 8)
Sometimes I also wonder at people, prices rise rapidly in how many hours, they ask what's wrong, and vice versa,
This should only be for beginners, if you have been in crypto for years, there is no need to panic because you already understand the cycle of travel, between ups, downs and corrections.
Interesting news: "Bitcoin briefly dipped below $9000 on BitMEX (spot) yesterday."
Interesting news: "Bitcoin briefly dipped below $9000 on BitMEX (spot) yesterday."
A trader tried to sell 400 bitcoins and the price went down so much it could be due to a liquidity crunch or a technical glitch. The Bitmex exchange may have developed a liquidity crunch, otherwise the price would not have gone this dip. Many traders must have faced losses due to sudden price plunges like this. Now it remains to be seen how the Bitmex exchange handles the situation after the investigation, whether they will compensate the affected traders or not.Interesting news: "Bitcoin briefly dipped below $9000 on BitMEX (spot) yesterday."
Unfortunately, such things happen from time to time on centralized exchanges. I assume it is either a technical error or there is not enough liquidity on this exchange. In any case, if this happens, the exchange should compensate those users who suffered any losses due to such abnormal movements on the chart.
I was also quite surprised by this news and then looked for the source. And here it is, it's true mentioned about this related news:Interesting news: "Bitcoin briefly dipped below $9000 on BitMEX (spot) yesterday."
Are you sure that it was the real BTC/USDT pair or was it something else? I have seen such things before, and they happened due to pegged BTC on other chains and a low supply of Bitcoin. I don't think anyone sold at 9K, as everyone knows the market price. Or maybe it was traded on other pairs or the supply was too low.
Late Monday, bitcoin (BTC) suffered a brief crash to as low as $8,900 on cryptocurrency exchange BitMEX, while prices on other exchanges held well above $60,000.Source: https://www.coindesk.com/markets/2024/03/19/bitcoin-flash-crashed-to-89k-on-bitmex/
We should accept for the introduction of the dumping to the market price as this earlier, we are still nothing lesser to $63,000 after which we already tasted the bullrun to all time high of $73,800 or so, for now, we are seeing this on either as plan to engage the market more on the event to mark the halving and its more profitable that we hold on and buy more, we are still under the bull season and not done yet.We may see some dumping moments in the market as the market is breaking previous all time high. We have seen the market value of Bitcoin from $73k to $62k in the last few days. It is expected to move back to the bullish side gradually. But it cannot be called dumping. The market will quickly recover and the price of Bitcoin will once again be on the upswing. Since this bull run has only just begun and Halving is still some time away, it is best to hold as much as possible during this period. Bitcoin is predicted to form a new ATH and head for a bull run. Instead of getting excited for a small temporary correction, how to control your emotions in the market and survive in the market is now the main issue.
This unusual thing happened when BTC prices in other markets were still high. And there aren't many of them either. So, they are still investigating that unusual activity. Because, the market is in normal condition and there are no system errors. So, it is still in the investigation process to find out the cause and why this is happening.
We may see some dumping moments in the market as the market is breaking previous all time high. We have seen the market value of Bitcoin from $73k to $62k in the last few days. It is expected to move back to the bullish side gradually. But it cannot be called dumping. The market will quickly recover and the price of Bitcoin will once again be on the upswing. Since this bull run has only just begun and Halving is still some time away, it is best to hold as much as possible during this period. Bitcoin is predicted to form a new ATH and head for a bull run. Instead of getting excited for a small temporary correction, how to control your emotions in the market and survive in the market is now the main issue.
The Bitcoin market has returned from a dumping ground to a rising one. Bitcoin recovered from $73K dollar to $61K dollar and then to $67K dollar. So you can see here if Bitcoin could be held with some accumulated money then it would have been possible to make huge profits in the present time. So Bitcoin investment is definitely needed to keep yourself calm and again the possibility of Bitcoin price to improve further is very high.Bitcoin price movements will always be like that, sometimes the price is very high and sometimes the price collapses, this is what makes investors like Bitcoin because it has unstable price movements and can be used to make a profit.
The Bitcoin market has returned from a dumping ground to a rising one. Bitcoin recovered from $73K dollar to $61K dollar and then to $67K dollar. So you can see here if Bitcoin could be held with some accumulated money then it would have been possible to make huge profits in the present time. So Bitcoin investment is definitely needed to keep yourself calm and again the possibility of Bitcoin price to improve further is very high.Bitcoin price movements will always be like that, sometimes the price is very high and sometimes the price collapses, this is what makes investors like Bitcoin because it has unstable price movements and can be used to make a profit.
Back to the main topic. Bitcoin started pumping again. It was about 68K but the current price is 66.5K. So, I guess the correction is almost done.
Back to the main topic. Bitcoin started pumping again. It was about 68K but the current price is 66.5K. So, I guess the correction is almost done.
Personally, I doubt that the correction will end so quickly because that BTC price drop to $61k could have been only the beginning of the correction. I assume the market might follow one of these two scenarios soon: either there will be consolidation in the range from $61k to $73k or there will be further correction up to $52k.
Back to the main topic. Bitcoin started pumping again. It was about 68K but the current price is 66.5K. So, I guess the correction is almost done.
Personally, I doubt that the correction will end so quickly because that BTC price drop to $61k could have been only the beginning of the correction. I assume the market might follow one of these two scenarios soon: either there will be consolidation in the range from $61k to $73k or there will be further correction up to $52k.
It's up already, trading around $66k-$67k, but we don't know if the dumping or the correction has stop or we might see the price going on a sideways pattern after a a long time.
Not sure that $52k, I think there will be investors who will readily buy more bitcoin when it goes down below $60k. And that what could have happen anyways, $62k is low for them and so they fill up their bags pushing the price to the current levels that we see.
Not sure that $52k, I think there will be investors who will readily buy more bitcoin when it goes down below $60k. And that what could have happen anyways, $62k is low for them and so they fill up their bags pushing the price to the current levels that we see.Anything can happen. Bitcoin increased from $62000 to $68000 in just some hours. It decreased from $73800 to $60600 in just 3 days. If bitcoin get to $60000, there would be a strong support but I still think that bitcoin may decreased below $60000 if bitcoin decrease back to around that price and constantly hitting the support but which may not happen. Although, I am optimistic and I still think that bitcoin is going to $100000 in this 2024. So any fall is a blessing to buy more.
Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle. You can create your own trading/investing strategy with that information in mind.
The Bitcoin market has returned from a dumping ground to a rising one. Bitcoin recovered from $73K dollar to $61K dollar and then to $67K dollar. So you can see here if Bitcoin could be held with some accumulated money then it would have been possible to make huge profits in the present time. So Bitcoin investment is definitely needed to keep yourself calm and again the possibility of Bitcoin price to improve further is very high.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kThere is always a risk and opportunity in the crypto market, so you should understand that and make your research. Dumping, the drop in Bitcoin price is really difficult to predict also the future of the market. Even season analyst is having problem to accurate predictions.I think there are lots of factors affecting it includes the economic conditions and developments. What do you think?
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kWell, I think it's wrong to say that we are witnessing the biggest correction of the year, since we aren't even half way into the year yet, this is the month of March, the third month, and we still have like nine more months to go, who knows what we can see, or to expect in the coming months.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle. You can create your own trading/investing strategy with that information in mind.No one believes that the new ATH will be the ATH for this whole bull run.
Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle. You can create your own trading/investing strategy with that information in mind.
opportunity only knock once so if you think its in your door then better grab it , I asked this question because days ago we have witnessed an alarming drop of more than 10k from the ATH in a matter of just a day, but this does not mean I am having problem trusting bitcoin because I will always do.Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kThere is always a risk and opportunity in the crypto market, so you should understand that and make your research. Dumping, the drop in Bitcoin price is really difficult to predict also the future of the market. Even season analyst is having problem to accurate predictions.I think there are lots of factors affecting it includes the economic conditions and developments. What do you think?
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Unfortunately, such things happen from time to time on centralized exchanges. I assume it is either a technical error or there is not enough liquidity on this exchange. In any case, if this happens, the exchange should compensate those users who suffered any losses due to such abnormal movements on the chart.This is not the first such case on this exchange. A few years ago, there were similar situations. Can you imagine what happened to the traders' positions? I'd like to remind you - no one is compensating you for anything in the event of a loss. If a few years ago, could not recover lost funds, now certainly can not hope. Better yet, don't trade there.
Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle.
Actually, no one knows what cryptocurrency prices will be like, but the cycle that often occurs is that when the halving is finished, the next thing is that there will be a dump on a large scale, the whales will try to create panic conditions in the exchange because whales and miners work together to sell bitcoin when The price is still high up to the base price, after one year the price will increase again depending on good news.Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle.
How do you measure the cycles? As far as I know the cycles go from halving to halving, and there are only 28 days left until the next one, so it is perfectly possible that the cycle stays at that maximum. If we are talking about the next one, certainly not, and we will surely pass $100,000.
That said, I voted yesterday in another thread that the price will pass $80,000 before April, and with today's 5% rise it looks like we are well on our way to it.
He says it is very true, I wish there could be a metric that would tell us when and how we can know how much or how much the ATH will reach, because that would be a Shot in the arm , you buy and you Buy, until you sell your house and everything you have , even to the harp, but at the time when the ATH is reached, then if you sell, that would be ideal and buy everything new, the thing is that all this is very volatile, for me the whales Wanted to test the price of Bitcoin snowslde high Offer , let's see how much sales demand there was so they will have an idea of how they can arrive and defend themselves, make moves and create a good comfort zone , Whether to buy alts and many other Businesses.Actually, no one knows what cryptocurrency prices will be like, but the cycle that often occurs is that when the halving is finished, the next thing is that there will be a dump on a large scale, the whales will try to create panic conditions in the exchange because whales and miners work together to sell bitcoin when The price is still high up to the base price, after one year the price will increase again depending on good news.Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle.
How do you measure the cycles? As far as I know the cycles go from halving to halving, and there are only 28 days left until the next one, so it is perfectly possible that the cycle stays at that maximum. If we are talking about the next one, certainly not, and we will surely pass $100,000.
That said, I voted yesterday in another thread that the price will pass $80,000 before April, and with today's 5% rise it looks like we are well on our way to it.
There is always a risk and opportunity in the crypto market, so you should understand that and make your research. Dumping, the drop in Bitcoin price is really difficult to predict also the future of the market. Even season analyst is having problem to accurate predictions.I think there are lots of factors affecting it includes the economic conditions and developments. What do you think?Of course, crypto market has a big risk, the prices of crypto coins are unpredictable and very volatile. That's why we must have enough knowledge before we start trading or investing in any crypto coins, including in Bitcoin. Yes, we have just experienced a big dump, the price of Bitcoin dropped to $62k. If we have no good knowledge, we must feel panic and sell for a loss. Well, if you are curious about what cause the dump, I personally assume it is caused by an excess supply on the market. Some investors may take profits when the price reached at $73k.
Of course, crypto market has a big risk, the prices of crypto coins are unpredictable and very volatile. That's why we must have enough knowledge before we start trading or investing in any crypto coins, including in Bitcoin. Yes, we have just experienced a big dump, the price of Bitcoin dropped to $62k. If we have no good knowledge, we must feel panic and sell for a loss. Well, if you are curious about what cause the dump, I personally assume it is caused by an excess supply on the market. Some investors may take profits when the price reached at $73k.stay calm, there has been a bounce and currently the BTC price is back to $70k, yesterday's correction only lasted a short time and that is very normal considering that BTC has indeed been overbought recently. For those who hold, I don't think this is a big problem, because dumps or corrections happen all the time.
There is always a risk and opportunity in the crypto market, so you should understand that and make your research. Dumping, the drop in Bitcoin price is really difficult to predict also the future of the market. Even season analyst is having problem to accurate predictions.I think there are lots of factors affecting it includes the economic conditions and developments. What do you think?Of course, crypto market has a big risk, the prices of crypto coins are unpredictable and very volatile. That's why we must have enough knowledge before we start trading or investing in any crypto coins, including in Bitcoin. Yes, we have just experienced a big dump, the price of Bitcoin dropped to $62k. If we have no good knowledge, we must feel panic and sell for a loss. Well, if you are curious about what cause the dump, I personally assume it is caused by an excess supply on the market. Some investors may take profits when the price reached at $73k.
I refer to cycles as the run up from bear market to peak of the bullrun. As Kemarit said, this is the first time that new ATH was reached pre-halving but from the previous two halvings, new ATH usually happens a year (more or less) after the halving right.Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle.How do you measure the cycles? As far as I know the cycles go from halving to halving, and there are only 28 days left until the next one, so it is perfectly possible that the cycle stays at that maximum. If we are talking about the next one, certainly not, and we will surely pass $100,000.
Actually, no one knows what cryptocurrency prices will be like, but the cycle that often occurs is that when the halving is finished, the next thing is that there will be a dump on a large scale, the whales will try to create panic conditions in the exchange because whales and miners work together to sell bitcoin when The price is still high up to the base price, after one year the price will increase again depending on good news.
Now Bitcoin Price is very unsteady. We saw within short time Bitcoin price huge increased. And we saw New ATH for bitcoin which was Highest price for bitcoin history. But after some time we saw bitcoin price decreased and again fall to $62k. And now again Bitcoin price increasing now bitcoin price is $66k.Do you think that the value of Bitcoin will only increase or only decrease, if you think so then you are completely wrong because the market will never stay in the same position and move in the same direction. Investors would never have invested in this market if the market had stayed the same or moved in a certain direction. Bitcoin crossed its all-time highs and after crossing the highs Bitcoin once again took a bit of a temporary dump but if you watch the market now you can definitely see that the market is back in good shape. Such temporary instability of the market continues, you are earning profit by investing by seeing that there is such temporary instability in the market. So I think there is no need to worry so much about this temporary instability.
But i think we will saw some small correction Again. I think bitcoin price will fall and go under $60k. And after bitcoin halving it will pump again. And within 2025 Bitcoin price will go minimum $100k.
Dumps or corrections will always happen in crypto, massive bitcoin buying when the bitcoin ETF agrees to overbuy, as you said. Bitcoin needs a correction to level up, because it is possible that after the correction this time the price of bitcoin will be more than $80K. We don't have much to say about $100K, but once bitcoin halves, $80K is within reach. Altcoins appear to be still recovering due to the impact of Bitcoin's fairly large correction from $73K down to below $62K. Newbies panicked then, but that's how crypto is.~stay calm, there has been a bounce and currently the BTC price is back to $70k, yesterday's correction only lasted a short time and that is very normal considering that BTC has indeed been overbought recently. For those who hold, I don't think this is a big problem, because dumps or corrections happen all the time.
Let's prepare for the next rocket, the pre-halving moment is indeed the right time for experienced people to determine buy points, or new people to immediately leave the market.
Finally someone explains the cycle of each halving from last year to now, and this cycle is correct, we just need to wait for good news to accept the bull run that will probably occur in 2024 or 2025. Hopefully the bull run cycle continues like this and produces lots of profits for traders.I refer to cycles as the run up from bear market to peak of the bullrun. As Kemarit said, this is the first time that new ATH was reached pre-halving but from the previous two halvings, new ATH usually happens a year (more or less) after the halving right.Regardless if correction is below $60K or between $60K to $70K, we can all agree that the $73K is not the true ATH for this cycle.How do you measure the cycles? As far as I know the cycles go from halving to halving, and there are only 28 days left until the next one, so it is perfectly possible that the cycle stays at that maximum. If we are talking about the next one, certainly not, and we will surely pass $100,000.
2016 halving - ATH was reached in 2017
2020 halving - ATH was reached in 2021
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?I'm sure this is just the normal price of Bitcoin because the difference in the decrease is not more than 10,000 dollars.
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?I'm sure this is just the normal price of Bitcoin because the difference in the decrease is not more than 10,000 dollars.
If the decline exceeds 10,000 dollars then it can be said to be a Dump which is the effect of the Bitcoin Halving.
Currently, I am still relaxed about the Bitcoin price dump because many people predict that Bitcoin will pump later at the end of 2024 to mid-2025.
Hopefully the prediction you made is correct because a cycle every 4 years is not a guarantee for price increases. I really hope that altcoin prices will rise again and bullishness can happen again in the near future.Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?I'm sure this is just the normal price of Bitcoin because the difference in the decrease is not more than 10,000 dollars.
If the decline exceeds 10,000 dollars then it can be said to be a Dump which is the effect of the Bitcoin Halving.
Currently, I am still relaxed about the Bitcoin price dump because many people predict that Bitcoin will pump later at the end of 2024 to mid-2025.
Of course we see the Bitcoin price improve every year after the halving. Because time is waiting for the bull run, after four years we see this halving cycle where the price of Bitcoin rises to its highest level. So Bitcoin halving will start in April 2024, Bitcoin price is likely to improve to $150K in 2025 peak bull run. As the price of Bitcoin increases the more the investors benefit so there is still plenty of time to buy Bitcoin. So invest for 2025 and reap the benefits.
Hopefully the prediction you made is correct because a cycle every 4 years is not a guarantee for price increases. I really hope that altcoin prices will rise again and bullishness can happen again in the near future.
Until now I am still trapped in altcoins with quite a lot of money.
It's true that even with every 4-year cycle of halving, there's still no guarantee for the market to see the increasing price of every crypto. However, history always repeats itself. This kind of scenario has been happening again and again, just like what we are seeing right now. The market started to rally. Bitcoin and other crypto have started to reach or are about to reach their previous all-time highs.Hopefully the prediction you made is correct because a cycle every 4 years is not a guarantee for price increases. I really hope that altcoin prices will rise again and bullishness can happen again in the near future.Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?I'm sure this is just the normal price of Bitcoin because the difference in the decrease is not more than 10,000 dollars.
If the decline exceeds 10,000 dollars then it can be said to be a Dump which is the effect of the Bitcoin Halving.
Currently, I am still relaxed about the Bitcoin price dump because many people predict that Bitcoin will pump later at the end of 2024 to mid-2025.
Of course we see the Bitcoin price improve every year after the halving. Because time is waiting for the bull run, after four years we see this halving cycle where the price of Bitcoin rises to its highest level. So Bitcoin halving will start in April 2024, Bitcoin price is likely to improve to $150K in 2025 peak bull run. As the price of Bitcoin increases the more the investors benefit so there is still plenty of time to buy Bitcoin. So invest for 2025 and reap the benefits.
Until now I am still trapped in altcoins with quite a lot of money.
We are already in the bull season and the market is currently pumping again as before and there's nothing we need to fear about on this, its all to our profitable investments if we are into the system already, there is always a season for each market circle and when we critically look upon the way this year has begun, it has been a year to be termed for bullrun since the beginning till where we are.It's true that the crypto market has been doing well so far this year. In fact, many experts are predicting that 2024 could be another "bull run" year for crypto. But that doesn't mean we should be ignorant of the fact that past performance is not indicative of future results, and the market can be very volatile which makes it absolutely impossible to make an accurate prediction of what the future of Bitcoin holds, simply by looking at or drawing your judgement from past performances or majority of investors' sentiment and prediction.
Hopefully the prediction you made is correct because a cycle every 4 years is not a guarantee for price increases. I really hope that altcoin prices will rise again and bullishness can happen again in the near future.If you are among the top altcoins I think you can definitely take good profits. And if you don't hold the top coin then some later bulls may not be profitable. I've bought and held the top few coins I'm in animal profit there now I hope when the next bull market starts I'll definitely be in more profit so I say it's always better to stay with the top coins. Also I have seen some worthless coins investing all the coins so far I have lost no profit and if the bull market starts I might not get any profit from all those coins.
Until now I am still trapped in altcoins with quite a lot of money.
We are already in the bull season and the market is currently pumping again as before and there's nothing we need to fear about on this, its all to our profitable investments if we are into the system already, there is always a season for each market circle and when we critically look upon the way this year has begun, it has been a year to be termed for bullrun since the beginning till where we are.It's true that the crypto market has been doing well so far this year. In fact, many experts are predicting that 2024 could be another "bull run" year for crypto. But that doesn't mean we should be ignorant of the fact that past performance is not indicative of future results, and the market can be very volatile which makes it absolutely impossible to make an accurate prediction of what the future of Bitcoin holds, simply by looking at or drawing your judgement from past performances or majority of investors' sentiment and prediction.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kNo i Couldn't think that. I think Bull session started only few days ago. I think it will be continue till 2025. And which we saw that was short time dump. It was correction i think. Now again Bitcoin price bounced and now bitcoin price near about $71k. So i think it is not dump market, i think recently pump market started.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Whenever Bitcoins price goes down,people would be saying this;Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kNo i Couldn't think that. I think Bull session started only few days ago. I think it will be continue till 2025. And which we saw that was short time dump. It was correction i think. Now again Bitcoin price bounced and now bitcoin price near about $71k. So i think it is not dump market, i think recently pump market started.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
That was just a correction and now we're back to $70k. I don't know how long we have to wait for us to see and be back at $73k and more again. But this time, bitcoin has been consistently showing how resilient it is and that's a good sign that even many are expecting for it to have some drawbacks and dumps along its way to halving. Maybe, it was already done with that process and we just have to wait for some big moves.We will slice $73k right after the halving, I predicted that we might reach $80k sooner than expected. The market is really on a bullish and positive sentiments now. Yes, we did see a minor correction, it was scary to see it plummet to $62k, but as I have said, market is greedy and wanted every sats that they can get for the bull run and so we bounce back and we are in the $70k-$71k range. This month is also green to us, 3 straight months that we have seen green dildo. Next month is halving so I expect the green candle to continue and we might breaking $73k will be easy.
Hopefully the prediction you made is correct because a cycle every 4 years is not a guarantee for price increases. I really hope that altcoin prices will rise again and bullishness can happen again in the near future.
Until now I am still trapped in altcoins with quite a lot of money.
That was just a correction and now we're back to $70k. I don't know how long we have to wait for us to see and be back at $73k and more again. But this time, bitcoin has been consistently showing how resilient it is and that's a good sign that even many are expecting for it to have some drawbacks and dumps along its way to halving. Maybe, it was already done with that process and we just have to wait for some big moves.Today the price of Bitcoin fell to $65k and made many traders panic because altcoins also followed Bitcoin's falling price movement, so this is a very deep correction, there is a possibility that when the halving occurs the price of Bitcoin will fall even deeper, many miners who will sell their bitcoins.
this time around market would be highly volatile, alot trader would try and use it to their advantage with higher risk. I don't this the time to think of selling and if Market dip more one should purchase more , in the form of buying the dip . In all the previous bitcoin halving, bitcoin always undergo a decrease price during the halvings and lateron surge massively in price with a new breakthrough. So we should keep holding our asset , may be we should think of selling like a year after the halving.That was just a correction and now we're back to $70k. I don't know how long we have to wait for us to see and be back at $73k and more again. But this time, bitcoin has been consistently showing how resilient it is and that's a good sign that even many are expecting for it to have some drawbacks and dumps along its way to halving. Maybe, it was already done with that process and we just have to wait for some big moves.Today the price of Bitcoin fell to $65k and made many traders panic because altcoins also followed Bitcoin's falling price movement, so this is a very deep correction, there is a possibility that when the halving occurs the price of Bitcoin will fall even deeper, many miners who will sell their bitcoins.
Everything will happen, friend, you need patience, you are not alone in being trapped in altcoins, there are many who are the same as you, the rest of 2021 is still there in my wallet, whether they will experience an increase or will disappear foreverYes, that's how it is when we buy altcoins, everything will have the risk of getting stuck at high prices and sometimes it will make us feel depressed because the price won't go up, what I'm most afraid of is when they replace a new product or you could say Re-Branding, and we If you don't know or miss out on this information, it will make our assets worthless.
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73k
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kDump or not it would really be that important as always on having that prepared USDT or fund for you to DCA because this is the best time that you would really be able to add up your bags.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
In 2021 and before that I have seen some projects that have made investors' assets worthless by promising new brand. It's annoying and worrying. Because the number of projects in the cryptocurrency market is very high. It is never known when a project rebrands. I have lost tokens from several projects without being able to fulfill their swap requirements or contact them on time. But it seems to me that all those who used to do this kind of work are not legit. Some scam schemes out there developed a strategy to cheat investors and steal money. Rebanding is truly dangerous. In case of any such fraud, the investor will lose his assets.Everything will happen, friend, you need patience, you are not alone in being trapped in altcoins, there are many who are the same as you, the rest of 2021 is still there in my wallet, whether they will experience an increase or will disappear foreverYes, that's how it is when we buy altcoins, everything will have the risk of getting stuck at high prices and sometimes it will make us feel depressed because the price won't go up, what I'm most afraid of is when they replace a new product or you could say Re-Branding, and we If you don't know or miss out on this information, it will make our assets worthless.
Yes, we must always be careful when investing, especially investing in new projects that are not top coins, it is very risky because there are many scammers there.
In 2021 and before that I have seen some projects that have made investors' assets worthless by promising new brand. It's annoying and worrying. Because the number of projects in the cryptocurrency market is very high. It is never known when a project rebrands. I have lost tokens from several projects without being able to fulfill their swap requirements or contact them on time. But it seems to me that all those who used to do this kind of work are not legit. Some scam schemes out there developed a strategy to cheat investors and steal money. Rebanding is truly dangerous. In case of any such fraud, the investor will lose his assets.
Yes, we must always be careful when investing, especially investing in new projects that are not top coins, it is very risky because there are many scammers there.
Pum and dump in crypto currency is normal, it will always happen. And stay calm, don't panic
That was just a correction and now we're back to $70k. I don't know how long we have to wait for us to see and be back at $73k and more again. But this time, bitcoin has been consistently showing how resilient it is and that's a good sign that even many are expecting for it to have some drawbacks and dumps along its way to halving. Maybe, it was already done with that process and we just have to wait for some big moves.
Some are taking profits at this point, because to be honest, the latest ATH this time really made Bitcoin a little over bought... if you look at the current market sentiment, then this correction will actually draw a chart that matches the previous halving moment... at least BTC won't cross below $60k again until the end of the year.Yes, we are waiting for the Bitcoin halving to find out what price Bitcoin will be at during the halving, so that we can analyze and predict approximately what top ATH Bitcoin will reach this season. I agree with you, Bitcoin is unlikely to go below $60K this year and after the halving it is possible the figure will reach above $80K.
Stay safe and wait for the halving moment to arrive in time.
On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.Some are taking profits at this point, because to be honest, the latest ATH this time really made Bitcoin a little over bought... if you look at the current market sentiment, then this correction will actually draw a chart that matches the previous halving moment... at least BTC won't cross below $60k again until the end of the year.Yes, we are waiting for the Bitcoin halving to find out what price Bitcoin will be at during the halving, so that we can analyze and predict approximately what top ATH Bitcoin will reach this season. I agree with you, Bitcoin is unlikely to go below $60K this year and after the halving it is possible the figure will reach above $80K.
Stay safe and wait for the halving moment to arrive in time.
On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.I gonna agree with you on this point that that bitcoin halving will be started after less than 10days, But it doesn't mean that after 10days the halving started bitcoin price will be skyrocketing or something like this. Because if we check the previous halving record before and after then we will see that bitcoin make huge pump or go into bull-run after around 1years. But I would also like to say that we can see some differences in this time because this time bitcoin market broke it's previous records like it already broke it's all-time high price before the halving started. But we may see some corrections when the halving starting and as well as we can see the bitcoin price under the 60k.
The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.
You are right, we will see a correction during the halving, the price of bitcoin will drop during the halving to be able to analyze and predict bitcoin's ability to touch ATH next year. because the halving will be one of the determining factors in our steps to determine the selling target.On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.I gonna agree with you on this point that that bitcoin halving will be started after less than 10days, But it doesn't mean that after 10days the halving started bitcoin price will be skyrocketing or something like this. Because if we check the previous halving record before and after then we will see that bitcoin make huge pump or go into bull-run after around 1years. But I would also like to say that we can see some differences in this time because this time bitcoin market broke it's previous records like it already broke it's all-time high price before the halving started. But we may see some corrections when the halving starting and as well as we can see the bitcoin price under the 60k.
The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.
Bitcoin correction has been on ground for sometimes and after the halving then the highest All Time High will hit the market. And halving is at the corner and in the halving price of bitcoin will be at the range of $55k to $60k and that is my prediction of the halving and after the halving and when bitcoin will enter into his real all time high then it will hit the general prediction of $100k to $150k. I think this halving will be an another opportunity for many to invest in it. Therefore anyone that wants to refill the wallet should prepare for that.On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.Some are taking profits at this point, because to be honest, the latest ATH this time really made Bitcoin a little over bought... if you look at the current market sentiment, then this correction will actually draw a chart that matches the previous halving moment... at least BTC won't cross below $60k again until the end of the year.Yes, we are waiting for the Bitcoin halving to find out what price Bitcoin will be at during the halving, so that we can analyze and predict approximately what top ATH Bitcoin will reach this season. I agree with you, Bitcoin is unlikely to go below $60K this year and after the halving it is possible the figure will reach above $80K.
Stay safe and wait for the halving moment to arrive in time.
The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.
With what we already had this time, we are not going to see any of the dumping market anytime sooner because we are already on the bull season, this is how we have seen the season to always appears on each particular timing for bitcoin circles, so as for many that will be investing, we should expect more of bull than the bear, between now and the end of the year, the market remains bullish.This is why I am afraid. Everyone is saying we are in a bull season and everyone is bullish on Bitcoin, and this situation indicates that the market will definitely react here and it may even go in the opposite direction. Bitcoin halving is also approaching, we may see a volatility in the market after the halving is near or after the halving. So we now have to prepare for both options, who knows how the market will react in the short term.
Yes, we must always be careful when investing, especially investing in new projects that are not top coins, it is very risky because there are many scammers there.
In 2021 and before that I have seen some projects that have made investors' assets worthless by promising new brand. It's annoying and worrying. Because the number of projects in the cryptocurrency market is very high. It is never known when a project rebrands. I have lost tokens from several projects without being able to fulfill their swap requirements or contact them on time. But it seems to me that all those who used to do this kind of work are not legit. Some scam schemes out there developed a strategy to cheat investors and steal money. Rebanding is truly dangerous. In case of any such fraud, the investor will lose his assets.
Pum and dump in crypto currency is normal, it will always happen. And stay calm, don't panic
Having correction is also not a guaranteed event on the halving day. It's possible, or it might not be possible. Just like in the previous bull run, where this is the only time, I have taken the time to observe the bull happening on the day it will happen. To tell you the truth, I was disappointed during that time because it was not what I expected. Nothing special happened, but the result of the halving was really outstanding which we have witnessed after taking effect of the halving.You are right, we will see a correction during the halving, the price of bitcoin will drop during the halving to be able to analyze and predict bitcoin's ability to touch ATH next year. because the halving will be one of the determining factors in our steps to determine the selling target.On the upcoming halving, there's no way for us to find out what would be the price of Bitcoin. Meaning, we can't analyze or even predict the next all-time high of Bitcoin. The halving effect will take a lot of time, it needs months or might even need a year, not exactly on the day of Bitcoin halving.I gonna agree with you on this point that that bitcoin halving will be started after less than 10days, But it doesn't mean that after 10days the halving started bitcoin price will be skyrocketing or something like this. Because if we check the previous halving record before and after then we will see that bitcoin make huge pump or go into bull-run after around 1years. But I would also like to say that we can see some differences in this time because this time bitcoin market broke it's previous records like it already broke it's all-time high price before the halving started. But we may see some corrections when the halving starting and as well as we can see the bitcoin price under the 60k.
The only thing we can do is watch, accumulate more Bitcoin, and buckle up for the next rally that we will witness sooner or later.
With what we already had this time, we are not going to see any of the dumping market anytime sooner because we are already on the bull season, this is how we have seen the season to always appears on each particular timing for bitcoin circles, so as for many that will be investing, we should expect more of bull than the bear, between now and the end of the year, the market remains bullish.The market will remain bullish at least, from now till around February march next year, or even a bit longer, so, for now, I personally see every dump in the market as a buying opportunity, as we progree into the bull run, this opportunities will slim out and will completely fade away, and by then, those who bought now will be thankful for their decision to buy now, while those who are still being skeptical will regret not buying when it was cheaper.
Not every new project is scam but some of them are scam due to which it has impacted the success of every new project and people are afraid of choosing new project. I think if you find out the information then your fear will be reduce and you will not be doubtful about your investment.
Not every new project is scam but some of them are scam due to which it has impacted the success of every new project and people are afraid of choosing new project. I think if you find out the information then your fear will be reduce and you will not be doubtful about your investment.
You are right, but most newbies don't understand this. They start buying cryptocurrencies based on how much they are being hyped up on social media or in their circles, but they don't realize that this isn't the correct way of making investments in this industry and they need to do their research before they make their final decisions otherwise they can incur losses more than they can earn.
Most people who are joining the industry these days are in a rush to make money which is the reason why they don't like spending a lot of time learning the market and are always eager to just make their investments so that they can start earning profit as quickly as possible.
Not every new project is scam but some of them are scam due to which it has impacted the success of every new project and people are afraid of choosing new project. I think if you find out the information then your fear will be reduce and you will not be doubtful about your investment.
But with what is happening now with the Bitcoin price, everyone is only playing with 68–70k, which is why the other cryptocurrencies have also dropped their prices a little bit. If you look at it, it seems like they are just waiting for what can be done. bitcoin market action.
For big investors, he doesn't care about halving because he and his group can manipulate the market and make the price of Bitcoin go up or down. for small investors like me, we always wait for the halving every season because this is a 4 year cycle, we will see bitcoin price movements during the halving. If the price of bitcoin is still strong during the correction and is still above $60K, I think bitcoin is strong enough to reach a price of $100K or more this year. Lets seeBut with what is happening now with the Bitcoin price, everyone is only playing with 68–70k, which is why the other cryptocurrencies have also dropped their prices a little bit. If you look at it, it seems like they are just waiting for what can be done. bitcoin market action.
Halving is just less than 9 days, when it's finally over and the halving is done we are going to know where Bitcoin price will be going next but I still think that institutional investors are now the manipulators of this Bitcoin bull run. I did not experienced all the bull run but this one in particular is very strange and different than the previous one.
With 9 days to halving, I expect the Bitcoin price to drop, historically it should but if it doesn't, then that will comfirm that indeed institutional investors are controlling the market and they want to clear how Bitcoin halving really influenced the market and we will surely see more new all time high because that's their target for their investments.
I also expect a correction during the halving, the bitcoin price will still be above $60K. And it is possible that at the end of Q4 this year the price of bitcoin will reach more than $100K. This is something that will be very encouraging for bitcoin holders.For big investors, he doesn't care about halving because he and his group can manipulate the market and make the price of Bitcoin go up or down. for small investors like me, we always wait for the halving every season because this is a 4 year cycle, we will see bitcoin price movements during the halving. If the price of bitcoin is still strong during the correction and is still above $60K, I think bitcoin is strong enough to reach a price of $100K or more this year. Lets seeBut with what is happening now with the Bitcoin price, everyone is only playing with 68–70k, which is why the other cryptocurrencies have also dropped their prices a little bit. If you look at it, it seems like they are just waiting for what can be done. bitcoin market action.
Halving is just less than 9 days, when it's finally over and the halving is done we are going to know where Bitcoin price will be going next but I still think that institutional investors are now the manipulators of this Bitcoin bull run. I did not experienced all the bull run but this one in particular is very strange and different than the previous one.
With 9 days to halving, I expect the Bitcoin price to drop, historically it should but if it doesn't, then that will comfirm that indeed institutional investors are controlling the market and they want to clear how Bitcoin halving really influenced the market and we will surely see more new all time high because that's their target for their investments.
I also expect a correction during the halving, the bitcoin price will still be above $60K. And it is possible that at the end of Q4 this year the price of bitcoin will reach more than $100K. This is something that will be very encouraging for bitcoin holders.The Bitcoin price correction when the halving occurs is likely to be very sharp because looking at Bitcoin's pattern, I think it's time to return to the base price, perhaps bearishness will occur in the near future. If we still have Bitcoin then immediately sell it because the price is still high enough to benefit.
If you have Bitcoin today, I won't recommend to sell them all if you feel like the Bitcoin is dumping. It's better to keep some of your assets if ever the market will not retrace to the price you expected. Because what if the price will not retrace that much, like we thought that it will going to retrace deeper but it's not in the actual scenario, at least you still benefit the increase of the price of Bitcoin.I also expect a correction during the halving, the bitcoin price will still be above $60K. And it is possible that at the end of Q4 this year the price of bitcoin will reach more than $100K. This is something that will be very encouraging for bitcoin holders.The Bitcoin price correction when the halving occurs is likely to be very sharp because looking at Bitcoin's pattern, I think it's time to return to the base price, perhaps bearishness will occur in the near future. If we still have Bitcoin then immediately sell it because the price is still high enough to benefit.
It doesn't take much time for Bitcoin to double from where it is, and it doesn't take much time to halve. A market can reach any position based on a few strong candles in the market. If there are two or three consecutive positive candles in the market, the market will go up a lot and if there are several strong negative candles in the market, but the market will not take time to go down. An experienced investor can easily accept this but a new investor cannot easily accept this because he is not used to the market. But if an investor is involved in regular investment for one or two years then he will definitely know about these aspects of investment and all these aspects of Bitcoin.But with what is happening now with the Bitcoin price, everyone is only playing with 68–70k, which is why the other cryptocurrencies have also dropped their prices a little bit. If you look at it, it seems like they are just waiting for what can be done. bitcoin market action.
Halving is just less than 9 days, when it's finally over and the halving is done we are going to know where Bitcoin price will be going next but I still think that institutional investors are now the manipulators of this Bitcoin bull run. I did not experienced all the bull run but this one in particular is very strange and different than the previous one.
With 9 days to halving, I expect the Bitcoin price to drop, historically it should but if it doesn't, then that will comfirm that indeed institutional investors are controlling the market and they want to clear how Bitcoin halving really influenced the market and we will surely see more new all time high because that's their target for their investments.
If you have Bitcoin today, I won't recommend to sell them all if you feel like the Bitcoin is dumping. It's better to keep some of your assets if ever the market will not retrace to the price you expected. Because what if the price will not retrace that much, like we thought that it will going to retrace deeper but it's not in the actual scenario, at least you still benefit the increase of the price of Bitcoin.I think we can sell it because we can still see the price of Bitcoin at a high price, because if you realize that Bitcoin price movements recently tend to be stable and there are only price drops. This should be the right signal to immediately make a profit withdrawal by selling the asset when Bitcoin is still at a high price.
I saw this morning that the Bitcoin market started to dump so much, the price of Bitcoin went from $70K to $65K. But this sudden dumping of bitcoin price seems to me very implausible. I had never thought of Bitcoin dumping the market so fast which is why I was surprised. Especially before the halving, the Bitcoin market is likely to dump enough because investors will try hard to invest during this time. Because the bull run will start in 2025.We are experiencing a decline in the price of bitcoin, causing the market to turn red, and perhaps there will be an even deeper decline. We don't need to panic, because this will always happen when Bitcoin halving. keep calm and wait until next year when the bullish top occurs, we sell our bitcoins
Yeah exactly for some holding for long is the best choice for them. But for other traders like me, I prefer taking profit but I also save the other half for long term. Since I think most of us here treat Bitcoin as an investment, we can do whatever we want with our investments. We can take advantage on both trends whether down or uptrend.
If we bought bitcoin during the bearish season 2 years ago, with the purchase price being the bottom price of bitcoin when it was bearish, when a dump occurred we would not panic. Because bitcoin will rise again. Fluctuations in bitcoin are normal and always happen, so keep holding your bitcoin and wait for the market to turn green againYeah exactly for some holding for long is the best choice for them. But for other traders like me, I prefer taking profit but I also save the other half for long term. Since I think most of us here treat Bitcoin as an investment, we can do whatever we want with our investments. We can take advantage on both trends whether down or uptrend.
Some people take benefits from both trading and investment so for this reason they buy bitcoin and keep it longer while other beneficial coins are utilized for just taking benefit after a first pump because they don't want to put their money at risk by keeping every coin for longer time.
Wise individuals are not afraid of price Fluctuations but they are using both type of conditions for making their financial status more stronger so I think instead of losing money by selling at low price if you continue your holding then it will be much better in your favor.
If we bought bitcoin during the bearish season 2 years ago, with the purchase price being the bottom price of bitcoin when it was bearish, when a dump occurred we would not panic. Because bitcoin will rise again. Fluctuations in bitcoin are normal and always happen, so keep holding your bitcoin and wait for the market to turn green againCompared to a few months ago, BTC is still at a very high price and has brought great profits to those who accumulated BTC throughout the crypto winter. When the account is still profitable, I don't think that the $10K adjustment in the past few days is scary. I also believe that BTC will reach $150K-170K in this cycle, this target may come in 2025, I don't expect it to come too soon, for example right in 2024.
You're right. That is if the person think the same way as you. Like if you can make profit at a high price, you can sell it and never regret even when the price increases multiple times. Profit is profit no matter how small it is. But most people in crypto doesn't have a good mindset and never be contented. That's also my weakness sometimes that should be fixed. That's why it's better not to sell all asset at once so that if ever the price won't down but continue to increase, you can still make profit without any regret.If you have Bitcoin today, I won't recommend to sell them all if you feel like the Bitcoin is dumping. It's better to keep some of your assets if ever the market will not retrace to the price you expected. Because what if the price will not retrace that much, like we thought that it will going to retrace deeper but it's not in the actual scenario, at least you still benefit the increase of the price of Bitcoin.I think we can sell it because we can still see the price of Bitcoin at a high price, because if you realize that Bitcoin price movements recently tend to be stable and there are only price drops. This should be the right signal to immediately make a profit withdrawal by selling the asset when Bitcoin is still at a high price.
Yeah and this depends on what strategy we are using to take profits some people or investors choose to sell 100% during peak and then buy back in dips. Some use DCA in buying and then use it as well when selling so meaning they will gain more profits if prices will continue to rally upwards since they will only sell small percentages until holdings will be totally sold.You're right. That is if the person think the same way as you. Like if you can make profit at a high price, you can sell it and never regret even when the price increases multiple times. Profit is profit no matter how small it is. But most people in crypto doesn't have a good mindset and never be contented. That's also my weakness sometimes that should be fixed. That's why it's better not to sell all asset at once so that if ever the price won't down but continue to increase, you can still make profit without any regret.If you have Bitcoin today, I won't recommend to sell them all if you feel like the Bitcoin is dumping. It's better to keep some of your assets if ever the market will not retrace to the price you expected. Because what if the price will not retrace that much, like we thought that it will going to retrace deeper but it's not in the actual scenario, at least you still benefit the increase of the price of Bitcoin.I think we can sell it because we can still see the price of Bitcoin at a high price, because if you realize that Bitcoin price movements recently tend to be stable and there are only price drops. This should be the right signal to immediately make a profit withdrawal by selling the asset when Bitcoin is still at a high price.
I don't advise anyone to sell bitcoins maybe the bitcoin market went from $73k to $60k due to dumping. But those who have enough capacity to invest can invest and those who are holding the investment, you should hold the investment very soon maybe something new will emerge in the market. After bitcoin halving the market will rise and it will reach all time highs. If someone sells their bitcoins right now and waits to buy lower from here, then if the price doesn't go down then the seller will not be able to buy at a lower price. So if retention is required then it is better to increase the investment using DCA method.I also expect a correction during the halving, the bitcoin price will still be above $60K. And it is possible that at the end of Q4 this year the price of bitcoin will reach more than $100K. This is something that will be very encouraging for bitcoin holders.The Bitcoin price correction when the halving occurs is likely to be very sharp because looking at Bitcoin's pattern, I think it's time to return to the base price, perhaps bearishness will occur in the near future. If we still have Bitcoin then immediately sell it because the price is still high enough to benefit.
You're right. That is if the person think the same way as you. Like if you can make profit at a high price, you can sell it and never regret even when the price increases multiple times. Profit is profit no matter how small it is. But most people in crypto doesn't have a good mindset and never be contented. That's also my weakness sometimes that should be fixed. That's why it's better not to sell all asset at once so that if ever the price won't down but continue to increase, you can still make profit without any regret.It seems that currently the strategy of buying in stages or what is usually called DCA is starting to become popular, and selling is also done in stages. Selling in stages also has a positive impact so that profits can be made based on the average target price.
I also use the DCA method to buy bitcoin, because with a little capital like me if I want to increase my assets I start using the DCA method. The decline during the halving is something that usually happens, keep holding the coins you have and wait until the market increases again, this requires free capital, that's the reason I joined the bounty campaign.I don't advise anyone to sell bitcoins maybe the bitcoin market went from $73k to $60k due to dumping. But those who have enough capacity to invest can invest and those who are holding the investment, you should hold the investment very soon maybe something new will emerge in the market. After bitcoin halving the market will rise and it will reach all time highs. If someone sells their bitcoins right now and waits to buy lower from here, then if the price doesn't go down then the seller will not be able to buy at a lower price. So if retention is required then it is better to increase the investment using DCA method.I also expect a correction during the halving, the bitcoin price will still be above $60K. And it is possible that at the end of Q4 this year the price of bitcoin will reach more than $100K. This is something that will be very encouraging for bitcoin holders.The Bitcoin price correction when the halving occurs is likely to be very sharp because looking at Bitcoin's pattern, I think it's time to return to the base price, perhaps bearishness will occur in the near future. If we still have Bitcoin then immediately sell it because the price is still high enough to benefit.
(https://www.talkimg.com/images/2024/04/14/jRnzN.jpeg)Based in the chart, I saw a bearish pattern which means that price will continue to decrease. But since the timeframe you used is 15m this is not a guarantee that the trend is bearish. So this might be a retracement in a weekly timeframe. If you see that the retracement is going to end then that's the best time to buy.
All of a sudden the bitcoin market started dumping so much that from around 70k to 60k dollar prices. Thousands of investors have been disappointed by the sudden dumping of Bitcoin price so much I never imagined. But again, with the possibility of a recovery by pumping the price of Bitcoin again, this dumping is essentially a buying opportunity for Bitcoin investors.
(https://www.talkimg.com/images/2024/04/14/jRnzN.jpeg)
All of a sudden the bitcoin market started dumping so much that from around 70k to 60k dollar prices. Thousands of investors have been disappointed by the sudden dumping of Bitcoin price so much I never imagined. But again, with the possibility of a recovery by pumping the price of Bitcoin again, this dumping is essentially a buying opportunity for Bitcoin investors.
I think Some effects will be creat for Iran Israel war. So i think now Bitcoin and others cryptocurrency market will go some down more. If Iran Israel war were more lengthy then Market will more down. Otherwise very short time cryptocurrency market will bounch again.
Because near future bitcoin halving will happen and after Bitcoin halving bitcoin price and all cryptocurrency market will up. So we have to wait some more time to see what will happen.
- That only happened because of the CPI, because I read some articles that the only expectation of the institutional investors was 3.4% interest, but all of a sudden it increased by 0.1 instead it became 3.5% and that is the big thing for them.
-snip-Just have to wait and there is no need to panic, because the current downside opportunity is a good opportunity to buy back and multiply Bitcoin assets.
Because near future bitcoin halving will happen and after Bitcoin halving bitcoin price and all cryptocurrency market will up. So we have to wait some more time to see what will happen.
Just have to wait and there is no need to panic, because the current downside opportunity is a good opportunity to buy back and multiply Bitcoin assets.Its moment of beginning the market dump drastically and I doubt with any investor not panic facing crucial condition with war lll between Iran and Israel. I don't know what happen and will bitcoin on another dip if Israel attacking what didi by Iran yesterday.
When the halving has occurred and some improvements begin to appear, it is the best moment and will give you an advantage.
Panicked people will only lose their valuable assets by selling them too cheaply, and Whales end up getting a lot of bitcoin at a cheaper price than panicked bitcoin sellers.
Its moment of beginning the market dump drastically and I doubt with any investor not panic facing crucial condition with war lll between Iran and Israel. I don't know what happen and will bitcoin on another dip if Israel attacking what didi by Iran yesterday.You've already said what will happen later, this is the same as when the Russian invasion of Ukraine,
Actually when the holder get panic give opportunity for the other to buy back with lower price, but easily face correction moment for most experienced holder its not first time with bitcoin correction and still memorize when Russia invasion to Ukraine bitcoin get down before raise up more.
According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantitiesIts moment of beginning the market dump drastically and I doubt with any investor not panic facing crucial condition with war lll between Iran and Israel. I don't know what happen and will bitcoin on another dip if Israel attacking what didi by Iran yesterday.You've already said what will happen later, this is the same as when the Russian invasion of Ukraine,
Actually when the holder get panic give opportunity for the other to buy back with lower price, but easily face correction moment for most experienced holder its not first time with bitcoin correction and still memorize when Russia invasion to Ukraine bitcoin get down before raise up more.
and it will also happen when Iran and Israel start to heat up.
But such a War will not cause Bitcoin to continue falling, it is only a temporary effect and the next rise will be even greater.
Whales still want cheaper prices, so they are trying to get bitcoin back down.
Get ready with your spare money and buy it when the crash happens.
According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantities
According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantities
According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantitiesStrongly mistaken, any conflicts are just that +/- after a few hours are shown on the graph. + Depends on the pressure from the sellers or manipulators. Either way, it's a great info reason (to the right people) to stock up on assets of interest.
Personally, I still believe that Bitcoin will reach more than $100K next year, so even though there is a downward correction of more than 10K, I still hold and don't panic at all because I'm sure Bitcoin will rise again, I'm just waiting for the halving moment, which usually will be a correction. because miners sell their bitcoins, most people think like that.If we bought bitcoin during the bearish season 2 years ago, with the purchase price being the bottom price of bitcoin when it was bearish, when a dump occurred we would not panic. Because bitcoin will rise again. Fluctuations in bitcoin are normal and always happen, so keep holding your bitcoin and wait for the market to turn green againCompared to a few months ago, BTC is still at a very high price and has brought great profits to those who accumulated BTC throughout the crypto winter. When the account is still profitable, I don't think that the $10K adjustment in the past few days is scary. I also believe that BTC will reach $150K-170K in this cycle, this target may come in 2025, I don't expect it to come too soon, for example right in 2024.
However, I also think that we need a major adjustment in the crypto market to re-accumulate and be ready to enter the bullrun and altseason. I would not be surprised if the BTC price fell back to $4x or $3x in the next few months. The halving could be a sell-the-news event and cause many investors to lose money and sell off their crypto assets just before the bullrun ;D
According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantitiesyes, Whales have already arranged everything and what they want is a cheaper price.
yes, Whales have already arranged everything and what they want is a cheaper price.
This halving that is only less than 2 days will provide considerable selling pressure and then Whales start buying it.
The price of bitcoin is now touching $61k and this is the lowest price this month, of course this is a good opportunity to start getting into bitcoin.
But some people are still quite skeptical of the current conditions, but to overcome this, you can enter with the funds provided and do not enter all this.
Leave just in case the price continues to fall and beyond our predictions.
According to my analysis, bitcoin will not be affected by war conditions. If it is affected, it is only at the beginning and Bitcoin will rise again. but in my opinion the condition of bitcoin is due to the influence of inflation and ahead of the bitcoin halving whales want lower prices to buy bitcoin in large quantitiesyes, Whales have already arranged everything and what they want is a cheaper price.
This halving that is only less than 2 days will provide considerable selling pressure and then Whales start buying it.
The price of bitcoin is now touching $61k and this is the lowest price this month, of course this is a good opportunity to start getting into bitcoin.
But some people are still quite skeptical of the current conditions, but to overcome this, you can enter with the funds provided and do not enter all this.
Leave just in case the price continues to fall and beyond our predictions.
price 52k$ is this price not too low? If indeed this price happens it will take time to reach the ATH that was previously made if we look at it logically, but in crypto everything is extraordinary so if the whale wants the BTC price to reach the ATH before it is within 2 weeks I think it's legal. ;Dyes, Whales have already arranged everything and what they want is a cheaper price.
This halving that is only less than 2 days will provide considerable selling pressure and then Whales start buying it.
The price of bitcoin is now touching $61k and this is the lowest price this month, of course this is a good opportunity to start getting into bitcoin.
But some people are still quite skeptical of the current conditions, but to overcome this, you can enter with the funds provided and do not enter all this.
Leave just in case the price continues to fall and beyond our predictions.
If you look at the bitcoin chart on the 4-hour timeframe, you can note that the BTC price dropped to $59k at the beginning of March, then it dropped to $60k at the end of March, and it has dropped to this level two more times in the last few days. I think this is a rather alarming signal, as bears obviously want to break this support. Probably, their goal is to bring the BTC down to $50-52k.
price 52k$ is this price not too low? If indeed this price happens it will take time to reach the ATH that was previously made if we look at it logically, but in crypto everything is extraordinary so if the whale wants the BTC price to reach the ATH before it is within 2 weeks I think it's legal. ;DAnything can happen in the crypto market, even a drop to $50k-$52k is still a reasonable drop.
Whales will always manipulate the price of Abitcoin, currently when you see the price of Bitcoin it seems to be struggling, from the current conditions it could be that whales want to buy Bitcoin at a low price and whales don't want to increase the price of BTC. It is easy for whales to raise and lower market pricesprice 52k$ is this price not too low? If indeed this price happens it will take time to reach the ATH that was previously made if we look at it logically, but in crypto everything is extraordinary so if the whale wants the BTC price to reach the ATH before it is within 2 weeks I think it's legal. ;DAnything can happen in the crypto market, even a drop to $50k-$52k is still a reasonable drop.
It is now heading towards the 4th halving seconds and the market is increasingly manipulated by Whales, they want cheaper and cheaper prices so that more bitcoins they get are then sold when ATH is only reached after the halving.
To achieve a new ATH is very easy when the Whales do their job and who is able to survive this storm then he will be the winner and have many advantages.
Whales will always manipulate the price of Abitcoin, currently when you see the price of Bitcoin it seems to be struggling, from the current conditions it could be that whales want to buy Bitcoin at a low price and whales don't want to increase the price of BTC. It is easy for whales to raise and lower market pricesprice 52k$ is this price not too low? If indeed this price happens it will take time to reach the ATH that was previously made if we look at it logically, but in crypto everything is extraordinary so if the whale wants the BTC price to reach the ATH before it is within 2 weeks I think it's legal. ;DAnything can happen in the crypto market, even a drop to $50k-$52k is still a reasonable drop.
It is now heading towards the 4th halving seconds and the market is increasingly manipulated by Whales, they want cheaper and cheaper prices so that more bitcoins they get are then sold when ATH is only reached after the halving.
To achieve a new ATH is very easy when the Whales do their job and who is able to survive this storm then he will be the winner and have many advantages.
You are right, anyone who has large amounts of money can manipulate the market, but of course they are huge sums, I would say millions of dollars to be able to make an important Movement , of course the whales, the institutions and everything that has to do with Institutions that are of great renown so that they can make a difference, even when a good Moment is Achieved , this makes many people in the world sign a movement, buy or sell according to what many balls have planned, in this case things can be very different Because when we look for more money, market movements can give us surprises. Large companies like Microstrategi are very Focused on Bitcoin and that is why they have a large investment. They believe that all of this is what Moves the Market.Not only with any one has much money but also any one get more interaction easily manipulate the market by sharing potential bad news and make holder get panic for selling their assets. Whales easily make market dump or pump depend on their decision although with current market correction or pump just in short time.
Whales will always play in the crypto market by manipulating market prices with very large amounts of money, we as small investors can only follow them. I think the price of bitcoin has recovered again and is rising again, so it is possible that next week we will see the price of bitcoin back above $70K, maybe this is just a prediction because the exact possibility we don't know, crypto cannot be predicted accurately
You are right, anyone who has large amounts of money can manipulate the market, but of course they are huge sums, I would say millions of dollars to be able to make an important Movement , of course the whales, the institutions and everything that has to do with Institutions that are of great renown so that they can make a difference, even when a good Moment is Achieved , this makes many people in the world sign a movement, buy or sell according to what many balls have planned, in this case things can be very different Because when we look for more money, market movements can give us surprises. Large companies like Microstrategi are very Focused on Bitcoin and that is why they have a large investment. They believe that all of this is what Moves the Market.
Anything can happen in the crypto market, even a drop to $50k-$52k is still a reasonable drop.
It is now heading towards the 4th halving seconds and the market is increasingly manipulated by Whales, they want cheaper and cheaper prices so that more bitcoins they get are then sold when ATH is only reached after the halving.
To achieve a new ATH is very easy when the Whales do their job and who is able to survive this storm then he will be the winner and have many advantages.
Whales will always play in the crypto market by manipulating market prices with very large amounts of money, we as small investors can only follow them. I think the price of bitcoin has recovered again and is rising again, so it is possible that next week we will see the price of bitcoin back above $70K, maybe this is just a prediction because the exact possibility we don't know, crypto cannot be predicted accuratelyThis is why the price of cryptocurrency has the potential to go to whatever price the whales want. With this, many countries also reject the use of cryptocurrency including bitcoin because it has the potential to be controlled by whales and has the potential to harm the targets they want to destroy. For the increase in bitcoin prices, hopefully there will be a miracle this year and bitcoin can reach ATH twice.
Not only in crypto dude, there are also whales in stocks there. So I don't think that's the government's consideration as to why it doesn't allow crypto as a payment method. Because the government cannot control and detect crypto transactions, this makes the government afraid.Whales will always play in the crypto market by manipulating market prices with very large amounts of money, we as small investors can only follow them. I think the price of bitcoin has recovered again and is rising again, so it is possible that next week we will see the price of bitcoin back above $70K, maybe this is just a prediction because the exact possibility we don't know, crypto cannot be predicted accuratelyThis is why the price of cryptocurrency has the potential to go to whatever price the whales want. With this, many countries also reject the use of cryptocurrency including bitcoin because it has the potential to be controlled by whales and has the potential to harm the targets they want to destroy. For the increase in bitcoin prices, hopefully there will be a miracle this year and bitcoin can reach ATH twice.
Since after halving is the beginning moment of the dumping market and get more correction every day, get more patience waiting will bullrun coming because every days got bitcoin and altcoin correctio few percent. I think many holder and investor get little panic with bitcoin and altcoin price difficult for growing up since after halving looks not get positive side of bitcoin will raise to higher price again.Not really something new
Bad possibility if market difficult break out since after halving not any good news to see how bitcoin will grow up to higher price or make new all time high price. Its over with bullrun and right now we are in the bearish moment after bitcoin price decreasing every day?
Since after halving is the beginning moment of the dumping market and get more correction every day, get more patience waiting will bullrun coming because every days got bitcoin and altcoin correctio few percent. I think many holder and investor get little panic with bitcoin and altcoin price difficult for growing up since after halving looks not get positive side of bitcoin will raise to higher price again.It looks like we are entering a bearish market again, friends, for a while because it seems that Bitcoin is struggling and finding it difficult to reach ATH again. Maybe it's because of the influence of inflation and also news about the war which gives the market the impression of waiting and the whales haven't provided any surprises
Bad possibility if market difficult break out since after halving not any good news to see how bitcoin will grow up to higher price or make new all time high price. Its over with bullrun and right now we are in the bearish moment after bitcoin price decreasing every day?
let the government sell bitcoin at a price of $15K, that's good and we can just buy it when the dump happens and hold it until next year, because I'm sure the price of bitcoin will rise again. After the halving, there will be several corrections, but this is just a correction, Bitcoin will touch the new ATH again.Now we are witnessing the biggest correction of the year Bitcoin dropping to 67k once again from the ATH of 73kMay be the beginning of market dumping. However, the US government's announcement of selling Bitcoin above 15,000+ I think has dumped the market a bit, and since Bitcoin reached the new ATH, the market may have been dumped a bit. We all know the market will dump before the halving, maybe the market will dump before the halving and after the halving the bull run will start after a few months. But I am not at all worried about this dumping I will buy more if the market goes down and increase my investment more.
https://coinmarketcap.com/currencies/bitcoin/
Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
I think it is just natural because in every ATH there will always be a correction. I think the price of Bitcoin would be surging again in the third or fourth quarter of this year or maybe early 2025. We can't really predict but I have a strong feeling it would happen and I do hope we all prepare for that.Since after halving is the beginning moment of the dumping market and get more correction every day, get more patience waiting will bullrun coming because every days got bitcoin and altcoin correctio few percent. I think many holder and investor get little panic with bitcoin and altcoin price difficult for growing up since after halving looks not get positive side of bitcoin will raise to higher price again.It looks like we are entering a bearish market again, friends, for a while because it seems that Bitcoin is struggling and finding it difficult to reach ATH again. Maybe it's because of the influence of inflation and also news about the war which gives the market the impression of waiting and the whales haven't provided any surprises
Bad possibility if market difficult break out since after halving not any good news to see how bitcoin will grow up to higher price or make new all time high price. Its over with bullrun and right now we are in the bearish moment after bitcoin price decreasing every day?
Hopefully it wraps up for you that the price of bitcoin will jump in the third or fourth quarter, because the price of bitcoin has now risen again after several weeks of correction. Biytcoin always makes corrections before rising to higher numbersI think it is just natural because in every ATH there will always be a correction. I think the price of Bitcoin would be surging again in the third or fourth quarter of this year or maybe early 2025. We can't really predict but I have a strong feeling it would happen and I do hope we all prepare for that.Since after halving is the beginning moment of the dumping market and get more correction every day, get more patience waiting will bullrun coming because every days got bitcoin and altcoin correctio few percent. I think many holder and investor get little panic with bitcoin and altcoin price difficult for growing up since after halving looks not get positive side of bitcoin will raise to higher price again.It looks like we are entering a bearish market again, friends, for a while because it seems that Bitcoin is struggling and finding it difficult to reach ATH again. Maybe it's because of the influence of inflation and also news about the war which gives the market the impression of waiting and the whales haven't provided any surprises
Bad possibility if market difficult break out since after halving not any good news to see how bitcoin will grow up to higher price or make new all time high price. Its over with bullrun and right now we are in the bearish moment after bitcoin price decreasing every day?
Hopefully the predictions you made are correct, because price corrections that have frequently occurred in the last few days have made many traders panic and do stupid things such as selling assets at fairly cheap prices. If the price increase occurs again then this will trigger a bullrun and possibly there is a chance for bitcoin to reach a new ATH again.Hopefully it wraps up for you that the price of bitcoin will jump in the third or fourth quarter, because the price of bitcoin has now risen again after several weeks of correction. Biytcoin always makes corrections before rising to higher numbersI think it is just natural because in every ATH there will always be a correction. I think the price of Bitcoin would be surging again in the third or fourth quarter of this year or maybe early 2025. We can't really predict but I have a strong feeling it would happen and I do hope we all prepare for that.Since after halving is the beginning moment of the dumping market and get more correction every day, get more patience waiting will bullrun coming because every days got bitcoin and altcoin correctio few percent. I think many holder and investor get little panic with bitcoin and altcoin price difficult for growing up since after halving looks not get positive side of bitcoin will raise to higher price again.It looks like we are entering a bearish market again, friends, for a while because it seems that Bitcoin is struggling and finding it difficult to reach ATH again. Maybe it's because of the influence of inflation and also news about the war which gives the market the impression of waiting and the whales haven't provided any surprises
Bad possibility if market difficult break out since after halving not any good news to see how bitcoin will grow up to higher price or make new all time high price. Its over with bullrun and right now we are in the bearish moment after bitcoin price decreasing every day?
bitcoin prices have risen again, dide. So those who panic are those who don't understand the volatile character of Bitcoin and frequent corrections. It is possible that next week we will see Bitcoin prices above $70K, that is my prediction based on Bitcoin's current movements
Hopefully the predictions you made are correct, because price corrections that have frequently occurred in the last few days have made many traders panic and do stupid things such as selling assets at fairly cheap prices. If the price increase occurs again then this will trigger a bullrun and possibly there is a chance for bitcoin to reach a new ATH again.
For those who had panic sold t hen for sure they do make out that kind of learning and the same time with those regrets on the thing that they have done.Usualy newbies are the ones who do reay make out such act but of course there are still those old timers are really that bale to make out such act too. Sometimes it cant really be avoided on having that kind of impulsive feeling whenever you do know that the market could really be still having that kind of deep correction but it seems that we are really that wrong since the price is already that recovering but of course there'sbitcoin prices have risen again, dide. So those who panic are those who don't understand the volatile character of Bitcoin and frequent corrections. It is possible that next week we will see Bitcoin prices above $70K, that is my prediction based on Bitcoin's current movements
Hopefully the predictions you made are correct, because price corrections that have frequently occurred in the last few days have made many traders panic and do stupid things such as selling assets at fairly cheap prices. If the price increase occurs again then this will trigger a bullrun and possibly there is a chance for bitcoin to reach a new ATH again.