Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on February 17, 2020, 05:14:38 PM
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We all have enjoyed the Bull market that started in January, suddenly the market went down from 10200 to 9,500. it was an unexpected deep. i think it was expected. what is your opinion.
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It is likely to return above $ 10k in a while. The increase in crypto prices, especially bitcoin is not yet full because halving has not yet occurred. Possible effects from halving will help bitcoin easily pass the previous highest prices.
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It wasn't completely unexpected. I have read some speculations that there will be a retracement sooner or later. You can't really expect something to go up continuously like what happened in 2017. That's why I've been saying in other threads to take profits when you can. Some people or influencers in social media and even forums will really make you think of hodling with talks about new ATH while they are selling. By the time you realize it, you're a bit late.
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All people must expect for the longer bull season. Once it is going to decrease, people will be very unhappy. However, it is how the crypto market works. There is a decline after several rises, so it is normal that we see the current decrease. But it doesn't mean the bull is over already, it can rise again sometime.
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Well, no high expectation. I rather prefer to follow the market flow whatever the condition. The current dip really gives infleunce and we can take some benefits and profits from this.
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The crypto market is really unpredictable so we can't really expect that it will always be a bull run. I do expect somehow that it will go down again so I am saving up some money to bu while it is on a dip.
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There is nothing wrong with that, as the market fell, it will recover quickly, because bitcoin halving will very soon and manipulators with big players will raise the price of bitcoin and altcoins, so it is unnecessary to worry very much.
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It looks funny when people trust news more than enjoy investing in crypto. I don't panic with current market conditions because I invest for the long term. Does anyone think like me?
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It has already return to the normal stage, but these was happeninf from last few times and am hoping it will soon surpass $11k. I am too looking to buy if the price drops around $7k, but it won't happen in this year.
The experts said the bull run may appear.
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I never expected DIP or bearish this year. I need bullish or good trend in crypto market. But unfortunately, virus makes everything in crisis and crypto market is going to worse. I hope the virus spread will be over soon and we can see the increase in crypto values.
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For me it is an expected dip, the corona pandemic news was spread across europe and the world, the support level of btc dipped, forcing the hands of people to prioritize feeding and surviving.
Except you are a long term hodler, bitcoin charts should be followed duly.
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Yes, I still hope to buy it at a low price like a few months ago when Corona became a threat to the whole world. Indeed, halving bitcoin will soon be happening. But maybe the price will return to 6.5k usd.