Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Emmanuel_Pounds on November 06, 2024, 11:57:05 AM
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
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It's really nice to see portfolio's value today ;D
Looks like BTC is not losing dominance and I see altcoins struggling, like ETH for example, pretty hard to do ATH again
About position in the market, I'll not do anything at the moment, I think I'll just watch right now and not sell or buy
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Why not. Other coins will follow suit but not with the same price increase as Bitcoin. Altcoins move gradually in price, not at full momentum with Bitcoin. Some altcoins will take some time before giving their ATH. But the fact remains that, they will, and nobody knows the exact price and when they are to give their ATH, as they tend to follow Bitcoin to surge.
Positioning oneself in crypto should be done by next year when we are sure that the bull run has started
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I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
Most altcoins have started to increase quite significant today. They are surely following the bullish trend on Bitcoin. ETH, BNB, XRP, SOL, and some top altcoins should be monitored because they will react positively against the good news of Trump's win. Yep, I think it is no longer about the impact of Bitcoin raise, it is about the news of Trump's win.
I'm sure we already have enough coins on our portfolio. We already have red markets in August-September, November-December is the time for green market. We are in the position of monitoring the target of taking profits. I'm sure some of us may start to sell certain coins. :D
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A bullish movement starts on all crypto platforms when the price of Bitcoin rises. But it definitely needs some time to happen. Yesterday, due to the victory of Donald Trump in the US election, Bitcoin quickly established a new ATH and the Bitcoin price is still staying in the high position. Altcoins cannot be expected to rise as soon as the Bitcoin price rises. As long as the bitcoin market is stable in the bullish movement, no change is likely to be seen in the price of Altcoins. But since the boom in Bitcoin is just beginning, so altcoins will be bullish. Now is the perfect time for those who are interested in investing in altcoins. The upcoming bullish moment will see major changes in the mentioned altcoins. Among the alt coins we can trust XRP, Doge, Sol and Ether coins.
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
About the current pump I think it is surely for the United states of America's election results where trump won the election and this is one of the reason for this bullish market. And I also think this pump is for a certain period after that it will come back to the under 70k range.
And about the altcoins yes the whole crypto market have good influence on this issues and we already saw that some coins having more than 10%+ pump. As we see Ethereum is in the corner of 3k after a long time. And we also saw dogecoin have huge pump.
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
Bitcoin's rise looks great. Even though my investment is very small, I am very pleased to see the rise of the Bitcoin market. We have seen Bitcoin rise surprisingly early in November and hit all-time highs. Bitcoin hit an all-time high of $76,850 which has never happened before but was all made possible by Donald Trump winning the presidency. Donald Trump promised his supporters that the price of Bitcoin would rise if he won, but Donald Trump's promise has certainly been kept. But at the moment only Bitcoin has increased more while altcoin has not increased much. But I am not recommending anyone to invest in altcoin right now but as per personal desire one can invest.
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We now have a crypto president as thw world power president, which is a good achievement for the community and that will make more investors venture into the cryptospace. Bitcoin price movement is what altcoins follows and they don't increase significantly as bitcoin, but many of them might not be able to see a new ATH like bitcoin, because bitcoin price is determined by demand and supply.
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Seeing how bitcoin broke and reached a new all time high in a couple of hours was one of the shocking and surprising times in the market. The market is very volatile but it still does its thing and recorded a new all time high. The other big coins in the market also followed suit in bitcoin surge but none of them was as volatile as bitcoin and they continue to be consolidating and not reaching a new all time high yet. I have heard of the saying that there’s the altcoin season, I ponder why they can’t be in the same season with bitcoin, because whenever bitcoin rise in price, they also do the same. But this surge as clearly differentiate them and have now seen clearer why the bitcoin season is different from the altcoin season. We may see their own time in the soonest where they’ll also begin to break their current ATH to mark a new one just like bitcoin did.
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We cannot fully predict if the altcoins season have begun or not, but we are more sure that every other coins is raising together with Bitcoin even though their own season have not yet started, they still work along in marking the bullish trend as little they could afford to rise when bitcoin is pumping as well, since when bitcoin leads, others follows in most cases, even before the full altcoins seasons begins, already some altcoins are making their all time high this period while some may later do that during their own season.
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
Currenlty, bitcoin is over the 77k but I think this pump is for only the United states of America's Elections and there are was hype because donald trump said that If he wins they would work for decreasing the tax on cryptocurrency and there another big cryptoi ethustian person the Elon Musk supported the Donald Trump as he win we saw a big pump after the bitcoin on the Dogs coin.
But what I think this pump is not the real bull run I think we are seeing this pump for a certain period and after that bitcoin will go back to the under 70k price and then may be the first Q of 2025 it can put step on the real bull run.
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
Whenever the market would really be having those greens then it will really be that having those chances or do happen all the time that altcoins would really be following through.
Although not all projects or coins will really be following into Bitcoins current trend whether bearish or bullish but we cant be able to deny that Bitcoin will really be always the main trend setter
on which on the moment or time that it do have that bearish or bullish momentum then you could expect that other coins will really be that doing the same and vice versa.
One of the indications on which it do really dictates on what the market does currently have in terms of trend and price movement.
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By the time I'm making this post, Bitcoin just reached $79,000 already. A new ATH indeed.
Yes, this is the result of Trump winning the US election. As expected, it became the catalyst on what we are waiting - a huge increase on the price of Bitcoin. As for the altcoins though, I believe that they followed as soon as Bitcoin's price went up already. Most of the altcoins will follow the movement of Bitcoin along the way, but on the top 100 will not surpass their previous all-time high for many reasons. I've seen many top altcoins that ended up going below the top 100 for many reasons.
As for Bitcoin, I believe that in the next months, it will continue to go up and in the upcoming weeks, we might see the start of the bull run already. :)
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
It's really nice to see portfolio's value today ;D
Looks like BTC is not losing dominance and I see altcoins struggling, like ETH for example, pretty hard to do ATH again
I find your lack of faith in ETH disturbing. ETH is sure to break it's all time high.
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Some altcoins are moving gradually in their own space to make it up for all time high and some managed to get there while a number of them couldn't attempt anything close to it, this is because maybe their own season have not started yet, but we are going to see more of these coins making it to their own all time high anytime soon, they are only preparing the ground down before the take off.
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It's really nice to see portfolio's value today ;D
Looks like BTC is not losing dominance and I see altcoins struggling, like ETH for example, pretty hard to do ATH again
About position in the market, I'll not do anything at the moment, I think I'll just watch right now and not sell or buy
It is for real. BTC gained its full dominance and has created a high ATH. For ETH, it will definitely do its ATH too, time is just needed to make that happen. It is already gaining good momentum too.
You waiting to observe the market is not a bad idea as it will help you manage your risk well.
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Some altcoins are moving gradually in their own space to make it up for all time high and some managed to get there while a number of them couldn't attempt anything close to it, this is because maybe their own season have not started yet, but we are going to see more of these coins making it to their own all time high anytime soon, they are only preparing the ground down before the take off.
Only a small number of tokens can create an ATH along with BTC, for example, PEPE, but they cannot represent all ALTs in this market. Most ALTs have recovered a bit thanks to the momentum from BTC new ATH, but that doesn't mean altseason has officially started, BTC.D is still very high, above 60% and we don't have any signs of altseason.
Memecoins are benefiting a lot from BTC price increase, possibly because retail investors want to hold many tokens in their portfolio instead of 0.01 BTC. This has happened many times during BTC recovery phases, I'm not surprised. I only expect the price increase of native tokens because they can activate the entire ecosystem to join DeFi, GameFi, NFT, RWA, DePIN... trends ^^
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Why not. Other coins will follow suit but not with the same price increase as Bitcoin. Altcoins move gradually in price, not at full momentum with Bitcoin. Some altcoins will take some time before giving their ATH. But the fact remains that, they will, and nobody knows the exact price and when they are to give their ATH, as they tend to follow Bitcoin to surge.
Positioning oneself in crypto should be done by next year when we are sure that the bull run has started
The momentum at which Bitcoin is increasing is massive, within the short period of when I talk about it last, it has seen a significant increase. But, the good part of it is alt-coins are beginning to move well too and hopefully they should start moving close to their ATH anytime soon.
I will also like to follow your strategy by putting new investments on hold until the bull run is clear.
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I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
Most altcoins have started to increase quite significant today. They are surely following the bullish trend on Bitcoin. ETH, BNB, XRP, SOL, and some top altcoins should be monitored because they will react positively against the good news of Trump's win. Yep, I think it is no longer about the impact of Bitcoin raise, it is about the news of Trump's win.
I'm sure we already have enough coins on our portfolio. We already have red markets in August-September, November-December is the time for green market. We are in the position of monitoring the target of taking profits. I'm sure some of us may start to sell certain coins. :D
I think we are beginning to enter the alt-coins season fully as many have started seeing a significant increase. As of now, BNB, XRP, SOL have pumped so well that they are already approaching their ATH. I expect ETH amidst others to follow suit.
AS for profit taking, those who were able to buy the dip dip are already in profit and some are selling off based on their investment expectations.Though, I will prefer to wait more before I start selling off.
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well since op's first post I think Solana has had a new high
I believe Doge will go over 80 cents by my birthday in January
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
Because history repeats itself only a handful of times til it doesn't do so anymore.
If you go into the ETH camp and look at the copium and damage control after this bull run you will see why this is a bitcoin disappointing for those who are heavily invested in top alts, Bitcoin is having the bull run of the year and some established altcoins are still not pumping beyond 1st gear, not even looking at the top100 alts that are even right now still in red on a yoy base.
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
Because history repeats itself only a handful of times til it doesn't do so anymore.
If you go into the ETH camp and look at the copium and damage control after this bull run you will see why this is a bitcoin disappointing for those who are heavily invested in top alts, Bitcoin is having the bull run of the year and some established altcoins are still not pumping beyond 1st gear, not even looking at the top100 alts that are even right now still in red on a yoy base.
or we are on floor 10 of a 100 story bull run. me like that better bro much much better.
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
Because history repeats itself only a handful of times til it doesn't do so anymore.
I am sure it hasn't come time yet where it doesn't repeat anymore.
If you go into the ETH camp and look at the copium and damage control after this bull run you will see why this is a bitcoin disappointing for those who are heavily invested in top alts, Bitcoin is having the bull run of the year and some established altcoins are still not pumping beyond 1st gear, not even looking at the top100 alts that are even right now still in red on a yoy base.
We are few weeks into the bull run, and everyone expects alts to rally, it doesn't work like that. Give it few months time, if alts still stay where they are then I'll agree with you.
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
Because history repeats itself only a handful of times til it doesn't do so anymore.
If you go into the ETH camp and look at the copium and damage control after this bull run you will see why this is a bitcoin disappointing for those who are heavily invested in top alts, Bitcoin is having the bull run of the year and some established altcoins are still not pumping beyond 1st gear, not even looking at the top100 alts that are even right now still in red on a yoy base.
or we are on floor 10 of a 100 story bull run. me like that better bro much much better.
Right now it's really nice to look at the Bitcoin investment portfolio. But looking at unique coins other than bitcoin like ethereum which is about 70% of my investment I feel really bad looking at ethereum. But I don't know if Ethereum will increase at all, if Bitcoin dumping comes at this moment, Ethereum will be dumping very badly, which is really bad to imagine. Can't sell ethereum right now and can't buy and invest in bitcoin because bitcoin is pumping a lot right now.But I would have been much happier if someone had told me a little bit about Ethereum. Is there a good chance of Ethereum price going up in the future?
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
Because history repeats itself only a handful of times til it doesn't do so anymore.
If you go into the ETH camp and look at the copium and damage control after this bull run you will see why this is a bitcoin disappointing for those who are heavily invested in top alts, Bitcoin is having the bull run of the year and some established altcoins are still not pumping beyond 1st gear, not even looking at the top100 alts that are even right now still in red on a yoy base.
or we are on floor 10 of a 100 story bull run. me like that better bro much much better.
Right now it's really nice to look at the Bitcoin investment portfolio. But looking at unique coins other than bitcoin like ethereum which is about 70% of my investment I feel really bad looking at ethereum. But I don't know if Ethereum will increase at all, if Bitcoin dumping comes at this moment, Ethereum will be dumping very badly, which is really bad to imagine. Can't sell ethereum right now and can't buy and invest in bitcoin because bitcoin is pumping a lot right now. But I would have been much happier if someone had told me a little bit about Ethereum. Is there a good chance of Ethereum price going up in the future?
I have faith in Ethereum, I am sure it will reach $7k or more in current bull run. You got to think long term instead of short term, and stop bothering with short term fluctuations, also resist the impulse to check portfolio, it helps with emotions.
DYOR in coins you invest, have faith in your research, have plans to unload and don't care what happens in-between.
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It usually goes like this, i.e, alts following suit after Bitcoin rallies, so why have any other expectations this time around?
Because history repeats itself only a handful of times til it doesn't do so anymore.
If you go into the ETH camp and look at the copium and damage control after this bull run you will see why this is a bitcoin disappointing for those who are heavily invested in top alts, Bitcoin is having the bull run of the year and some established altcoins are still not pumping beyond 1st gear, not even looking at the top100 alts that are even right now still in red on a yoy base.
or we are on floor 10 of a 100 story bull run. me like that better bro much much better.
Right now it's really nice to look at the Bitcoin investment portfolio. But looking at unique coins other than bitcoin like ethereum which is about 70% of my investment I feel really bad looking at ethereum. But I don't know if Ethereum will increase at all, if Bitcoin dumping comes at this moment, Ethereum will be dumping very badly, which is really bad to imagine. Can't sell ethereum right now and can't buy and invest in bitcoin because bitcoin is pumping a lot right now.But I would have been much happier if someone had told me a little bit about Ethereum. Is there a good chance of Ethereum price going up in the future?
I am anti eth and I am sorry you are 70%.
what price is your eth buy in? 3k or less you are not in terrible shape.
You could consider switching some out if it not a loss. Solana may be a better coin.
I hope you can unwind from the 70% position.
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Yes, it's all thanks to Trump being elected as the new US president, and as you said, XRP is also showing a very good performance... although it seems a bit late, but in the last 7 days, XRP is the one with the best price increase...
I think many are optimistic that soon $95k is real for the price of 1 BTC, and the next target is $100k... so, some people should really prepare their positions so as not to miss this rare moment...
Regarding ALTSEASON, there is still a possibility that it will happen after BTCDOM weakens, let's wait for that too, my friend.
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Yes, it's all thanks to Trump being elected as the new US president, and as you said, XRP is also showing a very good performance... although it seems a bit late, but in the last 7 days, XRP is the one with the best price increase...
I think many are optimistic that soon $95k is real for the price of 1 BTC, and the next target is $100k... so, some people should really prepare their positions so as not to miss this rare moment...
Regarding ALTSEASON, there is still a possibility that it will happen after BTCDOM weakens, let's wait for that too, my friend.
Yeah BTC has jumped to 98.5k. eth is not doing well at all 3154 its high was 4861
for btc to be doing as bad as eth btc would need to be at 64k
or for eth to be doing as good as btc it needs to be at 7200
SO ETH is BRUTAL
But doge was at 70 now at 40. doge needs to be at 1.05
The difference with ETH and DOGE is eth stopped mining with gpus and Doge still mines with asics..
So You could Stake ETH and maybe make money maybe lose money
or you could be mining LTC+DOGE+BELLS with an asic and turning a real profit
ETH's liberal left wing anti energy agenda looks like shit now that TRUMP won in the USA
Trump's new pick for Energy says there is no global warming.
So energy usage will go way way way up. This makes ETH a poor choice for the next 4 years maybe more if Trump changes the rule and runs again (the guy in China did this why not Trump)
Solana for instance has a direct link to low cost mining with the helium hotspots. So I really think Solana is the better choice than ETH.
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
If we follow in cryptocurrency market we can see that bitcoin price is running on rapid action in cryptocurrency market. I also believe that gradually bitcoin price is high level in cryptocurrency market. Because we saw that in this time bitcoin or cryptocurrency market will pass in bull run. So i think that bitcoin price is also hit $100k in this year. We also believe that crypto currency market is always depending on bitcoin. So we also see that when bitcoin price is increase, then others crypto currency could be increase. So i believe that others coins also be follow in bitcoin.
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Some altcoins are moving gradually in their own space to make it up for all time high and some managed to get there while a number of them couldn't attempt anything close to it, this is because maybe their own season have not started yet, but we are going to see more of these coins making it to their own all time high anytime soon, they are only preparing the ground down before the take off.
I checked back to our conversation, as of now, Bitcoin has pumped massively creating a new all time high at $108,000 and many altcoins have followed suit showing strength of reaching their all time again while some have even broken through in the likes of Solana, BNB and few others. The market is currently at a correction zone as BTC is retracing, but, i am expecting a strong recovery which will possibly push many altcoins to their all time high. Irrespective, lets follow the market trend and stay profitable.
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I woke up to check my portfolio on BingX exchange this morning and I discovered Bitcoin bullish momentum has broke through the previous ATH of $74k and created a new high at $75k. This breakout seems to have come as a result of Donald Trump prediction to win the U.S. Presidential election which must have been a catalyst to increase investors hope in cryptocurrency. I feel it's time we all keep a close eye on other key players in the crypto market in the likes of ETH, SOL, XRP and others as they reacts to following Bitcoin's lead. Also, this could be an ideal moment to take a fresh look at your portfolio and consider how to position yourself in the market.
If we follow in cryptocurrency market we can see that bitcoin price is running on rapid action in cryptocurrency market. I also believe that gradually bitcoin price is high level in cryptocurrency market. Because we saw that in this time bitcoin or cryptocurrency market will pass in bull run. So i think that bitcoin price is also hit $100k in this year. We also believe that crypto currency market is always depending on bitcoin. So we also see that when bitcoin price is increase, then others crypto currency could be increase. So i believe that others coins also be follow in bitcoin.
Your prediction was right as bitcoin already hit $100k and created new ATH at $108k. Other cryptocurrencies are beginning to move well too. I believe the current retracement in the crypto market should create opportunity for more pump by the time the recovery starts and many altcoins should hit their ATH.
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The assumption that all altcoins, for some magical reason, will break their ATH just because Bitcoin did is dangerous and can turn out to be very costly.
All it takes is to take a quick peek at the most popular altcoins and check their historical data to see that many of them had their ATH during the 2017 cycle but failed to break it during the 2021 one.
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The assumption that all altcoins, for some magical reason, will break their ATH just because Bitcoin did is dangerous and can turn out to be very costly.
All it takes is to take a quick peek at the most popular altcoins and check their historical data to see that many of them had their ATH during the 2017 cycle but failed to break it during the 2021 one.
Exactly, because indeed, Bitcoin's influence is indeed large and can affect the price of altcoins to increase when BTC breaks the new ATH again. However, the increase in the price of altcoins does not mean that all altcoins will experience a new ATH. Even top coins, not all of them have a new ATH. For ETH, BNB, and SOL, there have indeed been new ATHs, but for other altcoins, some have succeeded and many have failed to achieve a new ATH. In 2021, even top coins at that time such as XRP, LTC, and others, many failed to achieve a new ATH, before the bearish came. and hopefully, the hope this time, really, hopefully most of the top coins and old coins will experience ATH I have been saving XRP and LTC for so long, and want to release them immediately this bullish season at the moment of altcoin season.
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The assumption that all altcoins, for some magical reason, will break their ATH just because Bitcoin did is dangerous and can turn out to be very costly.
All it takes is to take a quick peek at the most popular altcoins and check their historical data to see that many of them had their ATH during the 2017 cycle but failed to break it during the 2021 one.
You are right mate, even as Bitcoin surge pass $100k, there are only a few altcoins that were able to breaks through their previous all time high, so many altcoins in the market has not break through their ATH, although some of them that has been quiet for a very long time did experience some price surge too but they were not able to break past their previous ATH. Some persons are saying that altcoins season is not yet out which I doubt when it will start.
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The assumption that all altcoins, for some magical reason, will break their ATH just because Bitcoin did is dangerous and can turn out to be very costly.
All it takes is to take a quick peek at the most popular altcoins and check their historical data to see that many of them had their ATH during the 2017 cycle but failed to break it during the 2021 one.
You are right mate, even as Bitcoin surge pass $100k, there are only a few altcoins that were able to breaks through their previous all time high, so many altcoins in the market has not break through their ATH, although some of them that has been quiet for a very long time did experience some price surge too but they were not able to break past their previous ATH. Some persons are saying that altcoins season is not yet out which I doubt when it will start.
We do know that we do have that so called altcoin season on which we are current seeing Bitcoins dominance now in the market. Although it isnt really that giving that major jumps on altcoin prices but still a good thing to see its green momentum but not really that much in comparison if we do speak about altcoin season price jumps or gains. As i have said that there's really that specific time on where we will all see that price of altcoins jump into those % that we didnt really that expect for it to happen. Yes, there might be those times but we dont really be precisely be able to know on when it would happen but rest assured that it will be that happening once that Bitcoin trend had come past over on which altcoin season would be starting up.
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Yes, there might be those times but we dont really be precisely be able to know on when it would happen but rest assured that it will be that happening once that Bitcoin trend had come past over on which altcoin season would be starting up.
Not ‘might’. There are definitely times, in fact most of the times, we are unable to accurately predict when the next altcoin season would kickstart, sometimes even after the Bitcoin trend had lasted for as long as it can and maybe come to an end, it’s still possible that we may likely not see the altcoin season or seeing any altcoin making any significant changes.
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Your prediction was right as bitcoin already hit $100k and created new ATH at $108k. Other cryptocurrencies are beginning to move well too. I believe the current retracement in the crypto market should create opportunity for more pump by the time the recovery starts and many altcoins should hit their ATH.
By the time the market is on that trend, I think bitcoin dominance will be over and we are going to see a new trend of altcoins in the market, thereby marking the beginning of altcoin season. Money will start flowing out from bitcoin and investors will start investing into altcoin in order to get more profit after already making some good profit from bitcoin investment. An all time high value for bitcoin doesn't signifies that the market won’t continue on that trend or will have to face another big downturn again.
The way the market moves is very unpredictable, so it becomes very hard to dictate, when the trend will be over and you can now take your profits from the investment. When the bulls are over, it is not easy to dictate and take profit from the peak, you may have faced some loss before realizing that but in all, it’ll be worth taking profit when you can. The uptrend will not continue forever and the bearish cycle is bigger than the bull cycle.
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Yes, there might be those times but we dont really be precisely be able to know on when it would happen but rest assured that it will be that happening once that Bitcoin trend had come past over on which altcoin season would be starting up.
Not ‘might’. There are definitely times, in fact most of the times, we are unable to accurately predict when the next altcoin season would kickstart, sometimes even after the Bitcoin trend had lasted for as long as it can and maybe come to an end, it’s still possible that we may likely not see the altcoin season or seeing any altcoin making any significant changes.
Changes could happen and this what makes this market is really that very hard because there's season on which it could changed up on a specific period.
There's no other way that we will be able to achieve but going up but of course it wont really be that a smooth sail ride. This is why the only thing that do happen only is into those investors/traders do missed or hit up the right opportunity to take their positions on which making up some profit or do miss on making money. This is why in every step that you would be making then it will really be having that corresponding result or outcome but of course it wont be that could be known. So every step will be having that possibility.
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Yes, there might be those times but we dont really be precisely be able to know on when it would happen but rest assured that it will be that happening once that Bitcoin trend had come past over on which altcoin season would be starting up.
Not ‘might’. There are definitely times, in fact most of the times, we are unable to accurately predict when the next altcoin season would kickstart, sometimes even after the Bitcoin trend had lasted for as long as it can and maybe come to an end, it’s still possible that we may likely not see the altcoin season or seeing any altcoin making any significant changes.
Yeah, we can't tell exactly the date of the alt season that we are talking about. But based on the history, alt season usually occur in the bull season or in the halving year. If it's not happen in the early stage of bull season, possibly it will happen in the final stage. So in this year, many are expecting for the alt season to come, we just don't know when it's exactly happen. But it's not always a guarantee that it will repeat the history. As long as the history keeps repeating itself, it's okay if we still believe in it.
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Yeah, we can't tell exactly the date of the alt season that we are talking about. But based on the history, alt season usually occur in the bull season or in the halving year. If it's not happen in the early stage of bull season, possibly it will happen in the final stage. So in this year, many are expecting for the alt season to come, we just don't know when it's exactly happen. But it's not always a guarantee that it will repeat the history. As long as the history keeps repeating itself, it's okay if we still believe in it.
I believe it’s rather interesting how you talk about alt season’s possibility happening in the last stages of the bull run if it eventually fails to occur in the early stage. And this acknowledges the unpredictability of the market and when it comes to altcoins, timing is everything.
Just like you rightly pointed out, past occurrences doesn’t always guarantee future results or performance. There are variety of factors that may potentially influence the market, factors such as global economic factors, technological advancements, amongst other factors, and it’s always important to look out for these factors.
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Yes, there might be those times but we dont really be precisely be able to know on when it would happen but rest assured that it will be that happening once that Bitcoin trend had come past over on which altcoin season would be starting up.
Not ‘might’. There are definitely times, in fact most of the times, we are unable to accurately predict when the next altcoin season would kickstart, sometimes even after the Bitcoin trend had lasted for as long as it can and maybe come to an end, it’s still possible that we may likely not see the altcoin season or seeing any altcoin making any significant changes.
Yeah, we can't tell exactly the date of the alt season that we are talking about. But based on the history, alt season usually occur in the bull season or in the halving year. If it's not happen in the early stage of bull season, possibly it will happen in the final stage. So in this year, many are expecting for the alt season to come, we just don't know when it's exactly happen. But it's not always a guarantee that it will repeat the history. As long as the history keeps repeating itself, it's okay if we still believe in it.
Only bitcoin is historical and altcoins are not because they depend on bitcoin price movement. Not all altcoins will benefit from bitcoin price pump this year only few. This is because some of them are pump and dump. While some after this dip on bitcoin price, they might not be able to pump again when bitcoin price is pumping.
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Only bitcoin is historical and altcoins are not because they depend on bitcoin price movement. Not all altcoins will benefit from bitcoin price pump this year only few. This is because some of them are pump and dump. While some after this dip on bitcoin price, they might not be able to pump again when bitcoin price is pumping.
You’re absolutely correct about the historical significance of Bitcoin compared to the altcoins.
As we already know, the price movement of bitcoin has been adequately documented over the past years and also very easy for everyone to access, whereas this isn’t the case with altcoins, because they’re mostly very volatile and also very reactive to fluctuation of the price of Bitcoin.
Surely, it’s really not all altcoins that usually benefits from Bitcoin’s price due to the fact that most of them are mostly prone to pump and dump schemes, which potentially results to a very swift increase in price and before you know it, a rapid decline. We may only hope and expect that majority of the OG coins are the ones that may potentially benefit from this.
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The assumption that all altcoins, for some magical reason, will break their ATH just because Bitcoin did is dangerous and can turn out to be very costly.
All it takes is to take a quick peek at the most popular altcoins and check their historical data to see that many of them had their ATH during the 2017 cycle but failed to break it during the 2021 one.
This is how the crypto market is, getting to find out that not all altcoin will give their own ATH in the same year as Bitcoin. The majority will give a new ATH, still the same majority wouldn't be able to reach their previous ATH again.
However, if you are thinking that most altcoins will give a new ATH this year, it's better to rethink because not all altcoins will do that. Some will, some won't. That's how altcoin is, having a 5x or 10x profits is not a bad idea
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Yeah, we can't tell exactly the date of the alt season that we are talking about. But based on the history, alt season usually occur in the bull season or in the halving year. If it's not happen in the early stage of bull season, possibly it will happen in the final stage. So in this year, many are expecting for the alt season to come, we just don't know when it's exactly happen. But it's not always a guarantee that it will repeat the history. As long as the history keeps repeating itself, it's okay if we still believe in it.
I believe it’s rather interesting how you talk about alt season’s possibility happening in the last stages of the bull run if it eventually fails to occur in the early stage. And this acknowledges the unpredictability of the market and when it comes to altcoins, timing is everything.
Just like you rightly pointed out, past occurrences doesn’t always guarantee future results or performance. There are variety of factors that may potentially influence the market, factors such as global economic factors, technological advancements, amongst other factors, and it’s always important to look out for these factors.
True, but sometimes the news related to crypto depends on the chart. Like, before they publish the news, they read the chart of Bitcoin before they make it. That's what I observed when I keep looking at the market because I've been in trading for a long time. That's why I can say that the alt season is very likely to happen. It is still the beginning of 2025 and it is also the beginning of the bull run, many more things can happen in this bull run.
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True, but sometimes the news related to crypto depends on the chart. Like, before they publish the news, they read the chart of Bitcoin before they make it. That's what I observed when I keep looking at the market because I've been in trading for a long time. That's why I can say that the alt season is very likely to happen. It is still the beginning of 2025 and it is also the beginning of the bull run, many more things can happen in this bull run.
Right now, BTC is still in the bullish season. I don't see any signs yet that BTC would drop again, more below the $90k level. I think once it drops lower than that, it should be a signal for the upcoming bearish season for Bitcoin.
News only helps to shape the price on the chart if they want to successfully manage to change the market, like what happened the past few days from a bearish week and now its bullish again. It's a part of fundamentals, which is why you need two of these to analyze the market.
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Right now, BTC is still in the bullish season. I don't see any signs yet that BTC would drop again, more below the $90k level. I think once it drops lower than that, it should be a signal for the upcoming bearish season for Bitcoin.
January 20 is coming soon, which is what everyone is waiting for because on this day Donald Trump will become President. He supports crypto so there is a high possibility that there will be a big impact on the crypto market after the inauguration. So since the price of Bitcoin and Altcoins is doing well, it will definitely increase even more when that day comes. That is also one of the reasons why a bearish market is unlikely to happen this month.
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True, but sometimes the news related to crypto depends on the chart. Like, before they publish the news, they read the chart of Bitcoin before they make it. That's what I observed when I keep looking at the market because I've been in trading for a long time. That's why I can say that the alt season is very likely to happen. It is still the beginning of 2025 and it is also the beginning of the bull run, many more things can happen in this bull run.
It doesn't seem like that... usually candlesticks will react after big news comes out... if you see candlesticks have changed before the news comes out, believe me, access to the news before it is actually published has been spread to certain entities that have early access to important news updates... we can see that there are also many manipulators who take advantage of news before it is released and after it is released... as long as the one who makes the news is a human, then he will have a special relationship with other people with certain rewards.. and it is very possible that before the news is released, it has been spread underground by several groups... so their response to the market tends to be faster than retail investors.
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Whenever Bitcoin would be creating that new ATH then expect that altcoins will follow through and this is something that usually happens into this market but of course not all people will really be that able to have such awareness because we do know that not all does have that sufficient experience towards this market. This is why it will really be that normal that Bitcoin will be the main trend setter but on the moment or time its movement which one of the movement in regarding whether bullish or bearish then it will be that basing up on how someone will be making out such action. Every market cycle will really be having that new all time high on which Bitcoin could make and thats why for someone who do made out such action then its advisable that you do really know on what you would gonna do.
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Whenever Bitcoin would be creating that new ATH then expect that altcoins will follow through and this is something that usually happens into this market but of course not all people will really be that able to have such awareness because we do know that not all does have that sufficient experience towards this market. This is why it will really be that normal that Bitcoin will be the main trend setter but on the moment or time its movement which one of the movement in regarding whether bullish or bearish then it will be that basing up on how someone will be making out such action. Every market cycle will really be having that new all time high on which Bitcoin could make and thats why for someone who do made out such action then its advisable that you do really know on what you would gonna do.
Actually, I think that you could explain a best opinion in your comment. We know that in this time bitcoin passing a bull run in this time. I think that it will be very helpful for crypto users. We also know that in this time bitcoin price near $100k in this time. I also believe that gradually bitcoin price is increasing in cryptocurrency market. So we could understand gradually others crypto currency price will be increase gradually. Because we know that when bitcoin price is increasing, then others crypto currency price must be increase rapidly.
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Whenever Bitcoin would be creating that new ATH then expect that altcoins will follow through and this is something that usually happens into this market but of course not all people will really be that able to have such awareness because we do know that not all does have that sufficient experience towards this market. This is why it will really be that normal that Bitcoin will be the main trend setter but on the moment or time its movement which one of the movement in regarding whether bullish or bearish then it will be that basing up on how someone will be making out such action. Every market cycle will really be having that new all time high on which Bitcoin could make and thats why for someone who do made out such action then its advisable that you do really know on what you would gonna do.
Actually, I think that you could explain a best opinion in your comment. We know that in this time bitcoin passing a bull run in this time. I think that it will be very helpful for crypto users. We also know that in this time bitcoin price near $100k in this time. I also believe that gradually bitcoin price is increasing in cryptocurrency market. So we could understand gradually others crypto currency price will be increase gradually. Because we know that when bitcoin price is increasing, then others crypto currency price must be increase rapidly.
Well, this is really that a basic stuff or something that could really be that understandable because if you've been here on this market for a couple of cycles then you can definitely say that Bitcoin is the main trend setter on which basically means that this will really be leading up the entire market on hitting up their all time highs. There is really that so called altcoin season on which it isnt really that getting in line with Bitcoin trend and this could really happen and also it is that different on the moment that Bitcoin is making up that new all time high. Just some mindful tip that always expect the unexpected because not everything that you are expecting will definitely be happening on which it is really that hard to anticipate on what will happen truly in the market.
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Just some mindful tip that always expect the unexpected because not everything that you are expecting will definitely be happening on which it is really that hard to anticipate on what will happen truly in the market.
make sure you already have a good plan in place to deal with this uncertainty of the crypto market. When Bitcoin rises and falls quickly, of course this is a manipulais carried out by whales, making retail traders panic and whales get cheaper prices.
I will probably only hold when the price is as uncertain as it is right now and doing DCA it would be better than having to sell at a low price.
Bull Season is coming soon, it only takes patience and when it happens a big FOMO will also arrive. Survive and of course stay vigilant on every Bitcoin price movement.
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Since bitcoin hit new ATH until $108k not any good progress of altcoin for following raise to higher price, last two days ago when bitcoin hitting new ATH price still not impact yet for altcoin going to higher price and right now seems waiting after bitcoin loss dominance at market for altcoin raise up.
I think difficult if bitcoin keep dominance at the market and recently have raise to higher price for making altcoin follow bitcoin price, looks difficult for altcoin keep following bitcoin price how many time since bitcoin raise up under $100k but not impact yet for altcoin get raise to higher price such as bitcoin up significant.
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Since bitcoin hit new ATH until $108k not any good progress of altcoin for following raise to higher price, last two days ago when bitcoin hitting new ATH price still not impact yet for altcoin going to higher price and right now seems waiting after bitcoin loss dominance at market for altcoin raise up.
I think difficult if bitcoin keep dominance at the market and recently have raise to higher price for making altcoin follow bitcoin price, looks difficult for altcoin keep following bitcoin price how many time since bitcoin raise up under $100k but not impact yet for altcoin get raise to higher price such as bitcoin up significant.
No matter what happens, the price of Bitcoin will be followed by the most of the altcoins in the market. The price might not yet be back too soon close to its ATH recently but many of the alts will follow eventually. The action of the alts might not be on an instant but they will be there for sure. As we can see, whenever or before Bitcoin goes up, some notable price rise for specific altcoins happen.
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Since bitcoin hit new ATH until $108k not any good progress of altcoin for following raise to higher price, last two days ago when bitcoin hitting new ATH price still not impact yet for altcoin going to higher price and right now seems waiting after bitcoin loss dominance at market for altcoin raise up.
I think difficult if bitcoin keep dominance at the market and recently have raise to higher price for making altcoin follow bitcoin price, looks difficult for altcoin keep following bitcoin price how many time since bitcoin raise up under $100k but not impact yet for altcoin get raise to higher price such as bitcoin up significant.
No matter what happens, the price of Bitcoin will be followed by the most of the altcoins in the market. The price might not yet be back too soon close to its ATH recently but many of the alts will follow eventually. The action of the alts might not be on an instant but they will be there for sure. As we can see, whenever or before Bitcoin goes up, some notable price rise for specific altcoins happen.
Yes, along with the increase in the price of Bitcoin, the prices of altcoins will also continue to increase. Although not all altcoins will see that increase, there are some altcoins that are very close to achieving ATH. Any time the price of Bitcoin rises further, those altcoins will also increase. I estimate that several of the top 20 altcoins will be able to create new ATH in this bull market. Every thing will depend on the market situation.
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Just some mindful tip that always expect the unexpected because not everything that you are expecting will definitely be happening on which it is really that hard to anticipate on what will happen truly in the market.
make sure you already have a good plan in place to deal with this uncertainty of the crypto market. When Bitcoin rises and falls quickly, of course this is a manipulais carried out by whales, making retail traders panic and whales get cheaper prices.
I will probably only hold when the price is as uncertain as it is right now and doing DCA it would be better than having to sell at a low price.
Bull Season is coming soon, it only takes patience and when it happens a big FOMO will also arrive. Survive and of course stay vigilant on every Bitcoin price movement.
This is the best choice or option you do have is to hold up your position on which this is something that you do really up to do instead on trying out to panic sell because at the time or moment that you do see the market condition is really that crashing or bearish then instead on selling it would be that rather be best that you should really know on how to get in or making up some purchase or entry or opportunity to buyback or making some DCA on which we know that this market isnt really just that moving on one way on which means that on the time that you are already that making up some good entry on which this do making out that good profit once the market recover.
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Some altcoins are moving gradually in their own space to make it up for all time high and some managed to get there while a number of them couldn't attempt anything close to it, this is because maybe their own season have not started yet, but we are going to see more of these coins making it to their own all time high anytime soon, they are only preparing the ground down before the take off.
Of course, if their owners care about their growth. I personally see only old coins that are still able to survive even though they have been repeatedly pressured when BTC corrected and the new ones seem to have only been able to survive a few times after taking profits the rest are just left alone and even disappeared from circulation.
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Since bitcoin hit new ATH until $108k not any good progress of altcoin for following raise to higher price, last two days ago when bitcoin hitting new ATH price still not impact yet for altcoin going to higher price and right now seems waiting after bitcoin loss dominance at market for altcoin raise up.
I think difficult if bitcoin keep dominance at the market and recently have raise to higher price for making altcoin follow bitcoin price, looks difficult for altcoin keep following bitcoin price how many time since bitcoin raise up under $100k but not impact yet for altcoin get raise to higher price such as bitcoin up significant.
No matter what happens, the price of Bitcoin will be followed by the most of the altcoins in the market. The price might not yet be back too soon close to its ATH recently but many of the alts will follow eventually. The action of the alts might not be on an instant but they will be there for sure. As we can see, whenever or before Bitcoin goes up, some notable price rise for specific altcoins happen.
It's true that about your say ,but altcoins need a long process, because from my point of view people are only focusing on bitcoin for the current session, and there are almost no altcoins in that session during this bull run, the whales prefer to look for new coins to be used as capital to seek profits rather than creating bubbles for altcoins.
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Right now, BTC is still in the bullish season. I don't see any signs yet that BTC would drop again, more below the $90k level. I think once it drops lower than that, it should be a signal for the upcoming bearish season for Bitcoin.
January 20 is coming soon, which is what everyone is waiting for because on this day Donald Trump will become President. He supports crypto so there is a high possibility that there will be a big impact on the crypto market after the inauguration. So since the price of Bitcoin and Altcoins is doing well, it will definitely increase even more when that day comes. That is also one of the reasons why a bearish market is unlikely to happen this month.
It's close to a month since the Jan. 20 inauguration of Trump has passed, what have we seen then? The market still remains the way it is. No much increase happened in Bitcoin and Altcoins prices. Bitcoin is still fluctuating $95k-$100k.
What I really know is that when the time comes; Bitcoin will increase on its own, not on Trump's mandate but because of the season we are ''the bull run season"
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Right now, BTC is still in the bullish season. I don't see any signs yet that BTC would drop again, more below the $90k level. I think once it drops lower than that, it should be a signal for the upcoming bearish season for Bitcoin.
January 20 is coming soon, which is what everyone is waiting for because on this day Donald Trump will become President. He supports crypto so there is a high possibility that there will be a big impact on the crypto market after the inauguration. So since the price of Bitcoin and Altcoins is doing well, it will definitely increase even more when that day comes. That is also one of the reasons why a bearish market is unlikely to happen this month.
It's close to a month since the Jan. 20 inauguration of Trump has passed, what have we seen then? The market still remains the way it is. No much increase happened in Bitcoin and Altcoins prices. Bitcoin is still fluctuating $95k-$100k.
What I really know is that when the time comes; Bitcoin will increase on its own, not on Trump's mandate but because of the season we are ''the bull run season"
I agree with you in some point that after the day of Trump's inauguration we saw that the price of Bitcoin still remains. But don't you remember that when we hear the news that Trump will be officially called the President of US on Jan 20 the price of Bitcoin is increasing with a volume bar? I didn't exactly remember the date but I'm sure it's in Q4.
Maybe you're right that Trump's mandate can influence the price of Bitcoin but I believe that other crypto related news can be.
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It's true that about your say ,but altcoins need a long process, because from my point of view people are only focusing on bitcoin for the current session, and there are almost no altcoins in that session during this bull run, the whales prefer to look for new coins to be used as capital to seek profits rather than creating bubbles for altcoins.
It is not about long process but people too focus on Bitcoin. It will be hard for other coins to hit new ATH if people too focus on Bitcoin, they only use their money for buying Bitcoin. However there should be time that Bitcoin no longer fluctuate much. Or even it tends to drop more. In this time, people may focus more on altcoins. But if altcoins also follow the trend of Bitcoin, people may prefer to wait and see. This actually makes altcoins season difficult to happen.
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It's true that about your say ,but altcoins need a long process, because from my point of view people are only focusing on bitcoin for the current session, and there are almost no altcoins in that session during this bull run, the whales prefer to look for new coins to be used as capital to seek profits rather than creating bubbles for altcoins.
It is not about long process but people too focus on Bitcoin. It will be hard for other coins to hit new ATH if people too focus on Bitcoin, they only use their money for buying Bitcoin. However there should be time that Bitcoin no longer fluctuate much. Or even it tends to drop more. In this time, people may focus more on altcoins. But if altcoins also follow the trend of Bitcoin, people may prefer to wait and see. This actually makes altcoins season difficult to happen.
hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase
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hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase
It makes sense if people prefer to focus on Bitcoin. It is because Bitcoin price movement looks clearer than altcoins. Many altcoins have no clear their price progress. Even we don't know if we will have altcoins season. Bitcoin has reaches its ATH and it is predicted to increase higher. People feel more confident with Bitcoin than altcoins. So, we can understand that people aren't really interested in altcoins during this season.
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hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase
It makes sense if people prefer to focus on Bitcoin. It is because Bitcoin price movement looks clearer than altcoins. Many altcoins have no clear their price progress. Even we don't know if we will have altcoins season. Bitcoin has reaches its ATH and it is predicted to increase higher. People feel more confident with Bitcoin than altcoins. So, we can understand that people aren't really interested in altcoins during this season.
Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits
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Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits
holding both will give profits as long as they enter at the right price, altcoins will also have their own cycles and now only the decline of Bitcoin with the dominance of Bitcoin increasing makes altcoins drop drastically.
It only takes a few opportunities when Bitcoin Dominance drops and the price of Bitcoin stabilizes so that the price of altcoins will recover.
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Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits
holding both will give profits as long as they enter at the right price, altcoins will also have their own cycles and now only the decline of Bitcoin with the dominance of Bitcoin increasing makes altcoins drop drastically.
It only takes a few opportunities when Bitcoin Dominance drops and the price of Bitcoin stabilizes so that the price of altcoins will recover.
ok, it seems like the patience of altcoin ownership is being tested, hopefully that session will come soon where I am also waiting for that session, but I am a little anxious seeing that btc is always going down whether it has entered a bearish period now or is it just a correction situation
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ok, it seems like the patience of altcoin ownership is being tested, hopefully that session will come soon where I am also waiting for that session, but I am a little anxious seeing that btc is always going down whether it has entered a bearish period now or is it just a correction situation
The situation like now is quite worrying, the price continues to drop and even now it is touching $86k and will soon touch the price that CZ said is $85k.
It is very drastic, but this is also because of the effect of the Bybit exchange hack carried out by Lazarus and of course the effect is now extraordinary.
But do you want to give up and panic with the current state of the market?
Of course we have to be strong and continue to accumulate purchases or by doing a DCA Strategy if we still have enough money to buy back.
There will always be tremendous upside potential, just wait and stay patient.
Every time there is a decrease, there will be an increase.
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ok, it seems like the patience of altcoin ownership is being tested, hopefully that session will come soon where I am also waiting for that session, but I am a little anxious seeing that btc is always going down whether it has entered a bearish period now or is it just a correction situation
The situation like now is quite worrying, the price continues to drop and even now it is touching $86k and will soon touch the price that CZ said is $85k.
It is very drastic, but this is also because of the effect of the Bybit exchange hack carried out by Lazarus and of course the effect is now extraordinary.
But do you want to give up and panic with the current state of the market?
Of course we have to be strong and continue to accumulate purchases or by doing a DCA Strategy if we still have enough money to buy back.
There will always be tremendous upside potential, just wait and stay patient.
Every time there is a decrease, there will be an increase.
to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline
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to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline
Hahaha don't be afraid of the decline if you are already confident of the rise that will happen in the end. But if you have a Fiat reserve buying at a price of $80k is the best time because it's a very deep drop in recent weeks.
I keep monitoring the chart of Bitcoin's movement and bitcoin's dominance, this allows me to know what is happening and what will happen to the crypto market so that I can be more vigilant.
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to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline
Hahaha don't be afraid of the decline if you are already confident of the rise that will happen in the end. But if you have a Fiat reserve buying at a price of $80k is the best time because it's a very deep drop in recent weeks.
I keep monitoring the chart of Bitcoin's movement and bitcoin's dominance, this allows me to know what is happening and what will happen to the crypto market so that I can be more vigilant.
The price is still on a 90k resistance, but has dropped to $88k+. Trump has finally established US bitcoin reserve but wouldn't buy bitcoin with taxpayers funds. Instead, will use seized bitcoin from criminals as reserve instead of selling. This didn't add any impact to the market price because UD isn't buying.
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It's true that about your say ,but altcoins need a long process, because from my point of view people are only focusing on bitcoin for the current session, and there are almost no altcoins in that session during this bull run, the whales prefer to look for new coins to be used as capital to seek profits rather than creating bubbles for altcoins.
It is not about long process but people too focus on Bitcoin. It will be hard for other coins to hit new ATH if people too focus on Bitcoin, they only use their money for buying Bitcoin. However there should be time that Bitcoin no longer fluctuate much. Or even it tends to drop more. In this time, people may focus more on altcoins. But if altcoins also follow the trend of Bitcoin, people may prefer to wait and see. This actually makes altcoins season difficult to happen.
hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase
In previous years, along with the increase in the price of Bitcoin, there was a big movement in altcoins, but in this bull market, a different situation has been created. Although the prices of some altcoins increased, they did not reach the expected level. The trust that the general public has in Bitcoin has made people more interested in Bitcoin than altcoins. People have been able to understand that even though altcoins give profits in the short term, there is no alternative to Bitcoin to maintain the value of their assets in the long term. Even if Bitcoin creates new ATH again in the future, it is completely uncertain in the case of altcoins.
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to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline
There's nothing to be afraid of the price decline of Bitcoin so long as Bitcoin will increase back in price. Are you forgetting that every price decline of Bitcoin serves as an opportunity to buy more Bitcoin?
I hope you are not forgetting that we are in the bull run season when it is anticipated that Bitcoin will give a new ATH of above $150k-$250k before the end of this year. Why then be afraid of the current price decrease you see that won't last
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In previous years, along with the increase in the price of Bitcoin, there was a big movement in altcoins, but in this bull market, a different situation has been created. Although the prices of some altcoins increased, they did not reach the expected level. The trust that the general public has in Bitcoin has made people more interested in Bitcoin than altcoins. People have been able to understand that even though altcoins give profits in the short term, there is no alternative to Bitcoin to maintain the value of their assets in the long term. Even if Bitcoin creates new ATH again in the future, it is completely uncertain in the case of altcoins.
This is why many people tend to use Bitcoin as opposed to these altcoins in the current market environment. This unpredictable nature of altcoins makes the investors to look at other long-term investments rather than the fluctuations of altcoins. Comparing to most of the altcoins, Bitcoin has demonstrated itself as being less sensitive to the fluctuations to extreme range. While no one can predict that it will certainly happen in future, many foresee another growth of Bitcoin up to new heights possible only with enhancing market demand. There are even some expectation that it can go up to $180,000 in the coming couple of years in case of the further demand growth and improvement of the regulatory legislation in the key countries for the crypto market.
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Every movement of bitcoin price there is always an effect to altcoins and there are altcoins that will follow the trend when btc is in a status of bull trend there are a lot of coins that will rise and when btc price fall down the altcoins price will also follow, based on my observation there is no altcoins that will bull itself it will always depend on the market and bitcoin price it is already happen so many times before even if we look at on different price chart, so i believe that when bitcoin reach new ATH expect that there are a lot of altcoins that will also reach new ATH.
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It's really nice to see portfolio's value today ;D
Looks like BTC is not losing dominance and I see altcoins struggling, like ETH for example, pretty hard to do ATH again
About position in the market, I'll not do anything at the moment, I think I'll just watch right now and not sell or buy
- You are an audience or one of the viewers now, hehe.. well I think you are doing the right thing, you are becoming an observer first and studying the market movements in which is a nice move as well I guess.
But bitcoin is still showing in the market that its influence on the top altcoins is still strong because it can still pull them up when there is a btc rally in its price
in the market and we always see this every time there is a rally in BTC.
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Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits
Maybe we have no altcoins season with the same pattern like in the past. But I think we still have a chance for the altcoins season. It is possible for something different with a new altcoins season. Bitcoin can reach a new ATH before its halving, so some altcoins may reach their ATH earlier. Other altcoins may reach their ATH later. Altcoins may reach their ATH in different time.
Yes, people too focus on Bitcoin. That's why Bitcoin very dominate the market. This makes altcoins get difficulty to increase. But I think there is still a chance for the increase of most altcoins in this year.
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Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits
holding both will give profits as long as they enter at the right price, altcoins will also have their own cycles and now only the decline of Bitcoin with the dominance of Bitcoin increasing makes altcoins drop drastically.
It only takes a few opportunities when Bitcoin Dominance drops and the price of Bitcoin stabilizes so that the price of altcoins will recover.
- It is said that even if we say that we have extensive knowledge in trading, if the entry position we are making is wrong, our extensive knowledge in trading is useless. We should just make sure that what we are doing is right in the analysis so that our entry position is also correct.
Because if this is what we can always do or do, even if it is not bitcoin, crypto or meme coins, we will definitely get and will get profit in the end from our trading activity. As long as we are always focused on what we are doing.
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In the case of altcoins, no matter how experienced investors we are, if the market is bearish, it will be difficult to recover anything good from that market. Even if altcoins show a good trend in the bullish market, it is almost impossible to recover those coins in the long term. Even though altcoins pump as much as they pump in the Bitcoin bullish market, there is no certainty about those coins. Despite the increase in the price of Bitcoin this year, there has been no significant increase in the price of altcoins. Even though Bitcoin has started an upward trend but that is not visible for altcoins. That is why I think there is no way to say that if Bitcoin's price increases, the price of other coins will increase.
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Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits
holding both will give profits as long as they enter at the right price, altcoins will also have their own cycles and now only the decline of Bitcoin with the dominance of Bitcoin increasing makes altcoins drop drastically.
It only takes a few opportunities when Bitcoin Dominance drops and the price of Bitcoin stabilizes so that the price of altcoins will recover.
- It is said that even if we say that we have extensive knowledge in trading, if the entry position we are making is wrong, our extensive knowledge in trading is useless. We should just make sure that what we are doing is right in the analysis so that our entry position is also correct.
Because if this is what we can always do or do, even if it is not bitcoin, crypto or meme coins, we will definitely get and will get profit in the end from our trading activity. As long as we are always focused on what we are doing.
correct, in entry position, and wrong exit which is often what people lose in trading, this is what needs very deep learning, I personally am still very lacking in determining positions especially in exit positions, sometimes I am lulled by the increase so that I determine a high target
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Throwing all altcoins in one bag is not the best idea of looking at these things. Some projects will set new ATHs even during the bear market, while other might fail to do that even during a bull market.
But assuming we're talking about the major altcoins, reaching new ATH, for the most of them will depend on whether or not the bullish stage of this cycle will continue, i.e. if the current situation is just a correction (or accumulation phase) or whether we entered the bear market. The coming months should give us some clarification.
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to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline
There's nothing to be afraid of the price decline of Bitcoin so long as Bitcoin will increase back in price. Are you forgetting that every price decline of Bitcoin serves as an opportunity to buy more Bitcoin?
I hope you are not forgetting that we are in the bull run season when it is anticipated that Bitcoin will give a new ATH of above $150k-$250k before the end of this year. Why then be afraid of the current price decrease you see that won't last
fear may have disappeared from my mind, what I am thinking now is how to buy as much as possible so that I can enjoy the benefits that are felt in large amounts like a whale,
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fear may have disappeared from my mind, what I am thinking now is how to buy as much as possible so that I can enjoy the benefits that are felt in large amounts like a whale,
It's good to know that. Because if you already have a lot of experience in crypto, you will definitely understand the market conditions that always happen like this. There must be an up and down. There will definitely be an increase after a drop, and vice versa, there will definitely be a correction after a certain percentage increase. and this often happens. but what is rather difficult to predict is the time period for the ups and downs, and the highs and lows of the price. but yes, it's true, as long as you don't panic and can still manage your risk and assets well, whatever the decision is, the important thing is not to panic, but to be in accordance with the strategy.