Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Gposas on November 27, 2024, 02:45:09 AM
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
(https://talkimg.com/images/2024/11/27/bWsw2.png)
This is the chart of Bitcoin on a weekly time frame in the year 2020-2021. That picture is the price movement of Bitcoin at around November-2020-May 2021. Around those months, you will see some red candles even though we are in a bull run. With what's happening right now, I believe that we have been through weeks of green candles, and now is the time for the buyers to take their profit hence, selling their assets for profit.
If Bitcoin will follow that price movement in the 2020-2021 bull run, I will expect that the upcoming weeks will be bullish again. A single weekly red candle isn't a sign of bearish season. It's just a short correction because we've been going up and up for many days already.
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i don’t think it’s a sign of bearish season so early in the cycle bitcoin has not even hit $100k which is what a lot of people thought or thinks for the highest peak of the current cycle there will always be correction and we need to not succumb into the state of panic immediately doing so will just do you harm and no good
bitcoin won’t be constantly rising despite what we’ve seen these past two weeks and even then the price was going back and forth so expect the same thing to happen even reaching lower prices
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In your opinion is this a retracement or a sign of the bear season about to come in...?
It is normal for price bitcoin to retrace but this recent one was significant. The price was supposed to drop after bitcoin will get to $100000 before rising. The price got to $99550 or so, declined a little as usual, built up back, declined again and this happened several times which discouraged some bulls already that led to the crash. But that does not mean we are in bear market already. The bull market will have so mild bear market which is what is happening now but the market is still a bull market.
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In your opinion is this a retracement or a sign of the bear season about to come in...?
It is normal for price bitcoin to retrace but this recent one was significant. The price was supposed to drop after bitcoin will get to $100000 before rising. The price got to $99550 or so, declined a little as usual, built up back, declined again and this happened several times which discouraged some bulls already that led to the crash. But that does not mean we are in bear market already. The bull market will have so mild bear market which is what is happening now but the market is still a bull market.
Yes mate, with the predictions of most price speculators, it was obvious that BTC will surge to $100k before retracement according to their predictions but the market exhibited something entirely different, dropping price down to $90,800 after it reached its ATH.
Simply stating that the market can't be 100% predicted accurately.
Presently the price of BTC is struggling within the range of $93k.
I still hope for the price to get to $100k anytime sooner.
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It would be sad to see this going down already without seeing the alt coins reaching it's new ATH. A lot of traders will once again be disappointed to see BT didn't touched that 100k milestone they have been expecting since 2020.
Imo however, its unlikely to happen that bear market is about to start. I still can see tweets like Rumble network wants to purchase BTC and some news from youtubers about countries about to buy BTC.
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It would be sad to see this going down already without seeing the alt coins reaching it's new ATH. A lot of traders will once again be disappointed to see BT didn't touched that 100k milestone they have been expecting since 2020.
Imo however, its unlikely to happen that bear market is about to start. I still can see tweets like Rumble network wants to purchase BTC and some news from youtubers about countries about to buy BTC.
We will only see a correction, not a bearish season, because bearish will occur after the bullish season next year.
Bitcoin has not touched the price of $ 100K, but it has reached ATH $ 99K, this is close to the price we are targeting and I consider it the success of bitcoin approaching $ 100k after Trump's victory in the presidential election.
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For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
Crypto market has one thing, we don't know what it's all about until the time has passed, that's when we get to talk about it. Folks like me is thinking that altcoins time hasn't come yet but many coins has done 100% this year but we feel they are not in the bull run yet because many of them are flat while Bitcoin has recovered from the previous all time high.
Everything depend on the interests of the market, if people continue to buy and Bitcoin remain stable, the altcoins has no choice but to run along. If people rush in because of new hype, it will go well for many coins.
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We are still in a bull market despite this decline, I expect that it is just a temporary correction and Bitcoin will continue to rise again, this correction is healthy in my opinion.
Continued rise without correction may eventually lead to a very strong decline that affects the entire market, but these small corrections give Bitcoin the opportunity to rise slowly but soundly.
I expect to see more rises at the beginning of the new year with Trump officially taking office and starting to implement legislation in favor of Bitcoin and crypto. Bitcoin's target will be $100-120K.
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In your opinion is this a retracement or a sign of the bear season about to come in...?
This current market movement is simply a retracement which is healthy and very neccessary for the bull run because such movement serves as an opportunity for the next upwards price movement. Bitcoin is currently trading at 97k, with this we are sure of hitting 100k and even more before the year runs out.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
What bear season? Is'nt this debate a little early? IMO a bull season is yet to start and you are asking if bear season is here? Bear season is not going to come for like next 10 months in my sight but NFA so. I think this was just a healthy retracement that we all were expecting and it happened so fast and alts were to dump more but they were also stable.
Which in other terms showing money is flowing in them and they are near to start their pumps, alt season is what that can make people lot of money in this bull season. Overall, market is not dumping, only small retracements which are healthy will happen.
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Just a correction after huge bump from 60K to almost 100K but if you look at the price chart again it's now back to 96K so there's no sign of bear at the moment and it's not gonna be bearish for the next few months. It's the time to buy and if you see the dip then don't hesitate at all, the price will rebound very quickly.
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Many people analyze the market or predict the price of bitcoin, now bitcoin has reached ATH $100k and most people predict that bitcoin will hit the price of $150k, but we have to correct again whether this bitcoin is decreasing or will continue to soar at the price of $100k... if we look at the price of bitcoin before donal trump became president, the price was still at $60k and above after trump became president, the price of bitcoin has soared until now.
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I guess the next thing you'll ask is if this is the continuation of a bullrun after BTC bounced off $90K huh? This is the problem with a lot of people that looks at a short time frame but I guess that's what day traders do. For me, a lot of positive things right now to even call the minor correction as a sign of a bear season.
~ now bitcoin has reached ATH $100k
When did that happen?
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For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
If you learned the previous pump, Bitcoin and altcoins have increased very significantly. It also lasted from the early of this month until the last week of this month (until November 25). It is a long period of pump, we saw many significant move of Bitcoin and altcoins. If we have correction recently, I think it is very normal. The market needs some dumps (correction) before we reached higher targets. So, it is not the sign of bearish season. If we checked the whole market, we are still in the bullrun season. Don't forget that the altcoins season just begin its period. How we have bearish season too early? :D
DWYOR
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It seems that many people are panicking with the drop in Bitcoin price today, indeed, the price has dropped very badly even to $ 90k, that's quite worrying. But be patient, it's just a market correction, and it's proven that the BTC price has gone up again and has even reached $ 97k again. No need to worry in this bullish era, because sometimes a correction is needed to balance the market condition before going up again.
Stay calm and never let panic drive you, because it will only harm our decision and our asset investment. sometimes, we will be too careless when being panic and not able to control ourselves. that is why we must train our emotional management much better to face whatever condition of the crypto market.
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It seems that many people are panicking with the drop in Bitcoin price today, indeed, the price has dropped very badly even to $ 90k, that's quite worrying. But be patient, it's just a market correction, and it's proven that the BTC price has gone up again and has even reached $ 97k again. No need to worry in this bullish era, because sometimes a correction is needed to balance the market condition before going up again.
Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.
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Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.
Yeah, we are in a bullrun and I also believe that 2025 will be the hottest time of this cycle. The growth process of BTC also needs many adjustments to cool down the market, as well as create support zones or test liquidity before continuing to rise and explore new higher price zones.
Currently, it is time to focus on investing by analyzing the market and seeking profit-making opportunities, rather than being distracted by fear. Stop-loss will address the risks, investors should also not stake tokens to be ready for profit-taking plans and exit the market as soon as there is a reversal signal. APR from staking is not enough to offset the risk of opportunity!
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There is a very low chance that the bearish season are starting. What currently happening in the market is just a retracement, even if the price of Bitcoin goes down to $74k I can still see it as bullish, but for me it's unrealistic to reach that price now since the bull run are just starting. Maybe some people may see it bearish because they only see it in the small time frame, if you go to higher tf you can see that the price is uptrend. As of now, there is nothing to worry that much.
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There is a very low chance that the bearish season are starting. What currently happening in the market is just a retracement, even if the price of Bitcoin goes down to $74k I can still see it as bullish, but for me it's unrealistic to reach that price now since the bull run are just starting. Maybe some people may see it bearish because they only see it in the small time frame, if you go to higher tf you can see that the price is uptrend. As of now, there is nothing to worry that much.
Yes, the current price of bitcoin is on an uptrend, so if there is a decrease in the price of bitcoin, it will not be far, because bitcoin will go back up.
Although the altcoin season has not arrived yet, we should add to our altcoin collection in the wallet because when the trend is up like this, it is likely that the altcoin season will come soon.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
You should always think off that market isnt really just that moving on one path on which we had seen recently that there's a price rally where Bitcoin do able to reach up new all time highs.
There are even having those predictions that we do able to hit up $200k in no time, but that $100k resistance or wall isnt something that would be so simply be break. This is why we've seen that rejection on that point and do make out some correciton on which this isnt really that a shocking phenomenon but rather this is really just that an ordinary day here on this space.
If you are that too impulsive then this market isnt for you but on the moment that you do gain up experience then you will really be getting used to it.
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Things are always very common to think according to the market, the fact that it has not Reached $100k yet does not mean that things with the price will not go up, yes it will go up , but the market moves many times slowly, other times it is violent , it throws a great bullish sense and that is what differentiates the btc from other speculative markets.
Will it go down or not ? Or will it go up ? I think it will go up because I base it on the fact that in January TRUMP takes office, and this is something that can make the price go up in a big way, the market moves by emotions too, let's not forget that.
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Things are always very common to think according to the market, the fact that it has not Reached $100k yet does not mean that things with the price will not go up, yes it will go up , but the market moves many times slowly, other times it is violent , it throws a great bullish sense and that is what differentiates the btc from other speculative markets.
Will it go down or not ? Or will it go up ? I think it will go up because I base it on the fact that in January TRUMP takes office, and this is something that can make the price go up in a big way, the market moves by emotions too, let's not forget that.
I also hope that after trump is inaugurated the price will experience a tremendous increase, because trump is a supporter of bitcoin, he will likely make good policies for crypto.
ATH bitcoin is approaching $100K, although currently the price of bitcoin seems to have difficulty exceeding $100K, but this December we will see the price of bitcoin reach ATH $100K
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Till the end of this year, i don't think we are going to get out of the bullrun, the market has been showing strong resistance as well as a strong sentiment over the weeks now and the weaker side is going to let go for the other, which i see it that there is more possibility for bullish moves now than the bearish moves, lets still go for more bullish from now till the end of the year since we couldn't have any bearish sign for now.
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Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.
I think it is unlikely to drop to $70k in the near future. Crypto market looks good enough, many crypto coins are still increasing their prices. Bitcoin may drop a bit its price, but it is normal correction. There is no big sign of bearish season to happen soon. We even may begin the big altcoins season. There are many people who already predicted that we will have great crypto market in this month and the early of the next year. Bearish may happen only in 2026 or the end of 2025.
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It seems that many people are panicking with the drop in Bitcoin price today, indeed, the price has dropped very badly even to $ 90k, that's quite worrying. But be patient, it's just a market correction, and it's proven that the BTC price has gone up again and has even reached $ 97k again. No need to worry in this bullish era, because sometimes a correction is needed to balance the market condition before going up again.
Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.
Therefore, people's panic may be especially for those who have just entered the crypto world, who do not really understand how the bearish - bullish season cycle process works, so they can easily panic when a market correction occurs.
And it is true, market correction is very necessary, for a more significant increase in this bearish area. And now, the price of BTC has started to return to $ 99k again, so the last few days have indeed been a special moment for those who still want to take Bitcoin when the price correction for the accumulation of the number of BTC they own is increasing.
We are already at the end of the year 2024 and we are really ready to wait again for the next year, for the top peak season of bullrun.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
Firstly we know that crypto currency market is always depending on up and down. So i believe that you saw red candle in bitcoin price is not matter in cryptocurrency market. Because we know that bitcoin price is increase very good level in cryptocurrency market. We also saw that's US election is also be development in bitcoin price. We also saw that's bitcoin price is running near in $100k. So we know that sometimes it price will be increase or decrease is very simple matter in this time.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
Firstly we know that crypto currency market is always depending on up and down. So i believe that you saw red candle in bitcoin price is not matter in cryptocurrency market. Because we know that bitcoin price is increase very good level in cryptocurrency market. We also saw that's US election is also be development in bitcoin price. We also saw that's bitcoin price is running near in $100k. So we know that sometimes it price will be increase or decrease is very simple matter in this time.
I think what you are saying is that the market always fluctuating. But for me the fluctuation of price matters, because sometimes the price will make an aggressive move especially to the down side. We are making money when the price goes up because we are investing, we make money through profit. So if we don't care when the price goes down, or we don't know what does it telling to us, we might end losing money. As of now, the bull run are just started and it is not always bull run, time will come that it will be ended. So it's better to know the reason behind the fluctuation of price in the market.
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It would be sad to see this going down already without seeing the alt coins reaching it's new ATH. A lot of traders will once again be disappointed to see BT didn't touched that 100k milestone they have been expecting since 2020.
Imo however, its unlikely to happen that bear market is about to start. I still can see tweets like Rumble network wants to purchase BTC and some news from youtubers about countries about to buy BTC.
In my opinion, it will not be sadden because even if Bitcoin continues it upward movements, it will remain very difficult for altcoins to pump except for a few coins that are moving with the Bitcoin trends. A continuous Bitcoin uptrends signifys that there is a higher demand and this will also mean a higher dominance rates.
Now, a market index with 86% dominance rate, as at today, will not pave way for altcoins market pumps. Obviously, we needed some stability on the Bitcoin market movements to guarantee a full altcoins Bull run. At least, an index dominance rate of between 47% to 49% rates can trigger the altcoins Bull run. This is my opinion.
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I think it's too early if the bear season happens this month, at least the bear season will happen next year Q2 2025 and that makes a little more sense, because I see there are still some big possibilities that will make cryptocurrency skyrocket again, and even though we are still in the euphoria of Trump's victory in the US presidential election this year... some good things can still be seen at least until early 2025, even though the price couldn't reach $100k a few days ago, it doesn't mean it will collapse soon... a little correction is a natural thing, considering the greed index for the crypto market was quite high a few days ago.
Relax and don't get easily provoked by the atmosphere, the most important thing is to always use your mind to control decisions, and look for more information about the movements that affect the cryptocurrency market.
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I think it's too early if the bear season happens this month, at least the bear season will happen next year Q2 2025 and that makes a little more sense, because I see there are still some big possibilities that will make cryptocurrency skyrocket again, and even though we are still in the euphoria of Trump's victory in the US presidential election this year... some good things can still be seen at least until early 2025, even though the price couldn't reach $100k a few days ago, it doesn't mean it will collapse soon... a little correction is a natural thing, considering the greed index for the crypto market was quite high a few days ago.
Relax and don't get easily provoked by the atmosphere, the most important thing is to always use your mind to control decisions, and look for more information about the movements that affect the cryptocurrency market.
- Like the analysis I did last week on bitcoin, where I thought it might just try to touch $100k and after touching it, it would immediately retrace and I wasn't wrong in the analysis I did, where yesterday it touched more than $100k but $103k something and after that it immediately traced $92k+ last night.
And I think this will continue to correct deeply, and this is another opportunity for other traders or holders to buy back depending on what they see in the technical or fundamental analysis they do.
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I think it's too early if the bear season happens this month, at least the bear season will happen next year Q2 2025 and that makes a little more sense, because I see there are still some big possibilities that will make cryptocurrency skyrocket again, and even though we are still in the euphoria of Trump's victory in the US presidential election this year... some good things can still be seen at least until early 2025, even though the price couldn't reach $100k a few days ago, it doesn't mean it will collapse soon... a little correction is a natural thing, considering the greed index for the crypto market was quite high a few days ago.
Relax and don't get easily provoked by the atmosphere, the most important thing is to always use your mind to control decisions, and look for more information about the movements that affect the cryptocurrency market.
It is always interesting in the cryptocurrency market and, therefore, one should not be surprised when prices vary. I was able to understand this better because a lot of times it is possible to observe momentary declines and resets before a more positive movement can be seen in the future. While the price has climb up to the predicted top of $100k, this is not an indication that they will stop here. It is therefore possible to understand than small corrections can in fact be a good event to reconsider the future steps.
As we have seen in such circumstances, looking calm enables us to make sane decisions. We can keep on searching for information and trying to keep track of whatever we find concerning the factors that shape the market. As long as we remain logical and act based on mathematical models we will be maximising gain while minimising risks. The ride in the crypto world is more of a marathon and not a sprint and as such one will need to be as patient as he or she is balanced in the market.
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I also hope that after trump is inaugurated the price will experience a tremendous increase, because trump is a supporter of bitcoin, he will likely make good policies for crypto.
ATH bitcoin is approaching $100K, although currently the price of bitcoin seems to have difficulty exceeding $100K, but this December we will see the price of bitcoin reach ATH $100K
Well it has already reached the $100k level and now things are Different , because they are waiting now for that beautiful bull run, this December has been very profitable , many did not believe it but yes, and be careful this is not the etf effect or anything for those who say it was not Because of Trump that the price was not boosted, that was where it all Started , also the level of Confidence was very good on Trump's part for investors, if a country as Stable as the USA becomes Pro BTC , this will be great for many, it is the best economic technology that has ever Existed.
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I also hope that after trump is inaugurated the price will experience a tremendous increase, because trump is a supporter of bitcoin, he will likely make good policies for crypto.
ATH bitcoin is approaching $100K, although currently the price of bitcoin seems to have difficulty exceeding $100K, but this December we will see the price of bitcoin reach ATH $100K
Well it has already reached the $100k level and now things are Different , because they are waiting now for that beautiful bull run, this December has been very profitable , many did not believe it but yes, and be careful this is not the etf effect or anything for those who say it was not Because of Trump that the price was not boosted, that was where it all Started , also the level of Confidence was very good on Trump's part for investors, if a country as Stable as the USA becomes Pro BTC , this will be great for many, it is the best economic technology that has ever Existed.
there's always two sides to watch out for the market though. all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.
what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.
what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.
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I also hope that after trump is inaugurated the price will experience a tremendous increase, because trump is a supporter of bitcoin, he will likely make good policies for crypto.
ATH bitcoin is approaching $100K, although currently the price of bitcoin seems to have difficulty exceeding $100K, but this December we will see the price of bitcoin reach ATH $100K
Well it has already reached the $100k level and now things are Different , because they are waiting now for that beautiful bull run, this December has been very profitable , many did not believe it but yes, and be careful this is not the etf effect or anything for those who say it was not Because of Trump that the price was not boosted, that was where it all Started , also the level of Confidence was very good on Trump's part for investors, if a country as Stable as the USA becomes Pro BTC , this will be great for many, it is the best economic technology that has ever Existed.
I agree with you a, the increase in bitcoin this time is due to the effect of trump winning the US presidential election, this is a fact that we see. but currently bitcoin is experiencing a correction and the price of altcoins is also starting to fall.
so we should still hold our coins if we haven't had time to take profit or if we still have capital we can buy more potential coins to prepare for the next increase next year.
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I agree with you a, the increase in bitcoin this time is due to the effect of trump winning the US presidential election, this is a fact that we see. but currently bitcoin is experiencing a correction and the price of altcoins is also starting to fall.
so we should still hold our coins if we haven't had time to take profit or if we still have capital we can buy more potential coins to prepare for the next increase next year.
Yes, actually this is a very common thing to happen after such a rapid increase there will definitely be a correction. Fortunately, Bitcoin's correction is not too deep. It's just that, for some top altcoins, it can be said to be quite deep. but yes, it is still within reasonable limits.
The worst possibility is that more and more people are panic selling because of this correction which makes the prices of several altcoins even more destroyed. Especially at the end of the year, there is a tendency to sell crypto for several things.
However, I am sure, hopefully, more and more people will be aware and ready for the market correction which is part of the crypto market cycle, which should be able to be faced more calmly and not cause huge panic selling.
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Although Bitcoin and other altcoins have been down for the past few days. But I don't think that bearish trend will set in. The market will keep fluctuating up an down for some time in the near future.
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Although Bitcoin and other altcoins have been down for the past few days. But I don't think that bearish trend will set in. The market will keep fluctuating up an down for some time in the near future.
I don't believe that bearish season is soon to happen because the bull run is just starting, but it's very possible the huge retracement will happen soon. This may look bearish to others but in reality, it's not. It's part of the bull run to send the price higher, and it can be also a sign that the bull run is going to end. Maybe in the late part of 2025 the bearish season will start because that time investors are starting to sell their assets that they hold for a long time, that's my thoughts.
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there's always two sides to watch out for the market though. all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.
what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.
what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.
Well, some people think that when he takes possession it will fall? I personally think the opposite, that when he takes possession the price will go up , I know there is a lot of Speculation Regarding that, but I say that things can be different when we are thinking what can happen? I have it clear, if BTC can be increased, it is the best thing I can do, if the price falls, it does not matter, we have and can buy more, it is expected that it can reach $150k and that is what motivates many to Continue Applying the DCA method.
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there's always two sides to watch out for the market though. all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.
what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.
what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.
Well, some people think that when he takes possession it will fall? I personally think the opposite, that when he takes possession the price will go up , I know there is a lot of Speculation Regarding that, but I say that things can be different when we are thinking what can happen? I have it clear, if BTC can be increased, it is the best thing I can do, if the price falls, it does not matter, we have and can buy more, it is expected that it can reach $150k and that is what motivates many to Continue Applying the DCA method.
When we analyse the market behaviours, one can expect many other things that he or she would never think of. The key is what we do to put ourselves into a position and make sure subsequent procedures are followed accurately. Understanding the idea that BTC has a future and our further plan to keep investing steadily proves that we do not panic when something happens. Regardless of its overall potential price in the future, every movement allows maximising the results. It is a profit if the price goes up and if it goes down, we can use the opportunity to purchase more of them. This step creates confidence because we are not only obsessed with the most recent outcomes, but think of longer term potential.
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I agree with you a, the increase in bitcoin this time is due to the effect of trump winning the US presidential election, this is a fact that we see. but currently bitcoin is experiencing a correction and the price of altcoins is also starting to fall.
so we should still hold our coins if we haven't had time to take profit or if we still have capital we can buy more potential coins to prepare for the next increase next year.
Well, it's very normal for there to be corrections, that's what a healthy market does, but from what I can say everything is developing very well, what I can affirm is that we have to keep waiting, buying everything we can, the DCA method is the best thing to do, according to what many things can happen, but what I hope is that by January 20th it's likely that the price will go up when Trump takes office. That's what I think can push the price up the most, I could say that when we are looking for a good option to win, I think now is the best, to buy little by little.
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there's always two sides to watch out for the market though. all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.
what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.
what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.
Well, some people think that when he takes possession it will fall? I personally think the opposite, that when he takes possession the price will go up , I know there is a lot of Speculation Regarding that, but I say that things can be different when we are thinking what can happen? I have it clear, if BTC can be increased, it is the best thing I can do, if the price falls, it does not matter, we have and can buy more, it is expected that it can reach $150k and that is what motivates many to Continue Applying the DCA method.
At this point, I am not thinking that people are still accumulating bitcoin since the bitcoin bull run is already on a full scale movement. If we are anticipating for the $150K this bull run, then to continue the DCA method in investing into bitcoin is the best thing now. The market is very unpredictable and I feel that the fear of it not reaching that price will discourage some people that haven’t invested earlier to invest now, they’ll just wait to the bearish market and start there DCA against the next bull cycle. It’s actually a big gamble to invest now as the market is already in a bullish trend but if the idea is to invest fine the long time, it’s very good.
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I don't believe that bearish season is soon to happen because the bull run is just starting, but it's very possible the huge retracement will happen soon. This may look bearish to others but in reality, it's not. It's part of the bull run to send the price higher, and it can be also a sign that the bull run is going to end. Maybe in the late part of 2025 the bearish season will start because that time investors are starting to sell their assets that they hold for a long time, that's my thoughts.
Agree. It is very unlikely that we will have the bearish season very soon. Everything looks like in the similar patter of the previous cycles. Although it is not 100% the same, at least the scenario isn't so different. 2024-2025 will be the time for bullish season, it is not the time for bearish season. If we have some correction, it is the sign of the bigger bullish in crypto prices.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
That I think is a brief set up for new entry, as the big profit takers, took some chucks off the market, setting new entries against another ATH. The price of Bitcoin has gotten to the highs of $108k+ and is now facing a drop in price, which will later face another little consolidation for a new ATH. This could continue for a while until the end of the year.
We might not be facing a bearish season towards the end of this year, as the year will end well with the price of Bitcoin having a promising result. The first and second week of January 2025 will give another milestone for the crypto industry. With positivity in the air, we could be seeing a promising price before and maybe hours after the inauguration of Donald Trump, who will definitely speak concerning crypto currency, no matter how little or short about the crypto market.
With every drop in price, it is the right time to buy some as much as possible, cause with every single green candle, profits are made (for the investors or holders). Only the traders can make profits from any side the market decides to go.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
- If I base it on the current market situation, it seems like it's still far from a bear market, literally speaking, I'm saying that maybe in 2026 the bear season will happen. Because as we enter 2025, we're obviously not even halfway through the bull run in my opinion.
We're not yet in the take off momentum of the bitcoin price, what's happening is just a temporary rally, and we're still not in the altcoins season as well, so investors are just waiting on their holdings right now, to be honest.
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I don't believe that bearish season is soon to happen because the bull run is just starting, but it's very possible the huge retracement will happen soon. This may look bearish to others but in reality, it's not. It's part of the bull run to send the price higher, and it can be also a sign that the bull run is going to end. Maybe in the late part of 2025 the bearish season will start because that time investors are starting to sell their assets that they hold for a long time, that's my thoughts.
Agree. It is very unlikely that we will have the bearish season very soon. Everything looks like in the similar patter of the previous cycles. Although it is not 100% the same, at least the scenario isn't so different. 2024-2025 will be the time for bullish season, it is not the time for bearish season. If we have some correction, it is the sign of the bigger bullish in crypto prices.
Indeed. If there will a big correction that means it seeks liquidity to send the price higher and sometimes it will surpass the ATH. Look what happened in the price of Bitcoin way back 2021, you can see in the chart that there is a big correction and after the price exploded and create a new ATH. What I learned from that is that bearish will not immediately come in the first big correction, usually it will happen or a sign that after the impulsive up move of the price and afterwards the price drop deeper, this time the bearish season is starting.
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- If I base it on the current market situation, it seems like it's still far from a bear market, literally speaking, I'm saying that maybe in 2026 the bear season will happen. Because as we enter 2025, we're obviously not even halfway through the bull run in my opinion.
We're not yet in the take off momentum of the bitcoin price, what's happening is just a temporary rally, and we're still not in the altcoins season as well, so investors are just waiting on their holdings right now, to be honest.
I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
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I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
Though the news that surrounds us has already giving bitcoin that wave, I mean that it has propelling momentum to hits several ATH even before halving, and when the halving comes it also shows another push to the price couples with the USA Election which finally changes the narratives to make bitcoin experience uncontrollable price increase, causing lot of companies to start holding bitcoin. People then thinks we are already in the bull run, though next year 2025 is when the full rally would start.
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I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
Though the news that surrounds us has already giving bitcoin that wave, I mean that it has propelling momentum to hits several ATH even before halving, and when the halving comes it also shows another push to the price couples with the USA Election which finally changes the narratives to make bitcoin experience uncontrollable price increase, causing lot of companies to start holding bitcoin. People then thinks we are already in the bull run, though next year 2025 is when the full rally would start.
Bitcoin halving has always been a driver of the increase in the price of cryptocurrency and usually we see the bullish season will occur a year after the bitcoin halving.
But in my opinion the biggest impact that affects the increase in bitcoin is the US presidential election Tyrump as a candidate who supports bitcoin and promises to make the US the center of bitcoin makes the price of bitcoin soar.
and it is likely that next year bitcoin will be even higher in price because in January next year Trumpo will be inaugurated as US president.
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I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
Though the news that surrounds us has already giving bitcoin that wave, I mean that it has propelling momentum to hits several ATH even before halving, and when the halving comes it also shows another push to the price couples with the USA Election which finally changes the narratives to make bitcoin experience uncontrollable price increase, causing lot of companies to start holding bitcoin. People then thinks we are already in the bull run, though next year 2025 is when the full rally would start.
Bitcoin halving has always been a driver of the increase in the price of cryptocurrency and usually we see the bullish season will occur a year after the bitcoin halving.
But in my opinion the biggest impact that affects the increase in bitcoin is the US presidential election Tyrump as a candidate who supports bitcoin and promises to make the US the center of bitcoin makes the price of bitcoin soar.
and it is likely that next year bitcoin will be even higher in price because in January next year Trumpo will be inaugurated as US president.
For this time the biggest impact that affects the price of bitcoin to soar is trump winning the US presidential election, this is the reality.
Because it seems that the price of bitcoin spiked so high when the vote count occurred in the US and Trump was ahead.
But don't forget the habits in the 4-year cycle, that bitcoin halving is always a consideration because a year after bitcoin halving we will see a bullish season.
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For this time the biggest impact that affects the price of bitcoin to soar is trump winning the US presidential election, this is the reality.
Because it seems that the price of bitcoin spiked so high when the vote count occurred in the US and Trump was ahead.
But don't forget the habits in the 4-year cycle, that bitcoin halving is always a consideration because a year after bitcoin halving we will see a bullish season.
No offense, this is a big influence that Trum won the election, with his Pro-crypto campaign, making the market trend change very quickly and heading towards a real bullrun very quickly. Even BTC has touched ATH $ 108,268.
However, it is undeniable that the current price decline is very deep, because previously it had just reached a new ATH at more than $ 108k, and was immediately slammed to $ 92k. There is a lot of FUD spreading, many parties panic and assume that the bearish has come much faster, causing a panic sell in the market. And this is what whales like, panic cells so they can accumulate more Bitcoin at a much cheaper price, before they fly it again.
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No offense, this is a big influence that Trum won the election, with his Pro-crypto campaign, making the market trend change very quickly and heading towards a real bullrun very quickly. Even BTC has touched ATH $ 108,268.
However, it is undeniable that the current price decline is very deep, because previously it had just reached a new ATH at more than $ 108k, and was immediately slammed to $ 92k. There is a lot of FUD spreading, many parties panic and assume that the bearish has come much faster, causing a panic sell in the market. And this is what whales like, panic cells so they can accumulate more Bitcoin at a much cheaper price, before they fly it again.
In my opinion this is just a correction after having a good pump on the market. And as well when we will say this kind of down market I also think that these are the signals of decreasing the bitcoin dominance on the crypto market and that will also a signal for starting the altcoin season.
That's mean after having down market the investor maybe switch them to altcoins and maybe then the altcoin season will start also as well. And regarding the current situation I will say that this is just correction I am not going to trapped decided to holding Bitcoin till 120k.
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I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
Many people believe that Bitcoin will reach $120k. But I think we must be careful, don't solely believe it so much. I personally will start taking profits when the price of Bitcoin reaching $110k. There is no guarantee that Bitcoin will reach $120k, it is not impossible that the peak price below $120k. Although we are in the bullrun season, people may move their focus on altcoins when the altcoins season begins. In this time, Bitcoin may no increase significantly again.
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For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.
For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.
In your opinion is this a retracement or a sign of the bear season about to come in...?
It is a complete disaster if the 108k number was it for this run.
But maybe we will have out first truly shitty cycle.
So I sold a tiny pice at 107,107 and when we retraced to 93,333 I purchased it back.
Other than that I mine and hold while getting some heat from the deal.
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For this time the biggest impact that affects the price of bitcoin to soar is trump winning the US presidential election, this is the reality.
Because it seems that the price of bitcoin spiked so high when the vote count occurred in the US and Trump was ahead.
But don't forget the habits in the 4-year cycle, that bitcoin halving is always a consideration because a year after bitcoin halving we will see a bullish season.
No offense, this is a big influence that Trum won the election, with his Pro-crypto campaign, making the market trend change very quickly and heading towards a real bullrun very quickly. Even BTC has touched ATH $ 108,268.
However, it is undeniable that the current price decline is very deep, because previously it had just reached a new ATH at more than $ 108k, and was immediately slammed to $ 92k. There is a lot of FUD spreading, many parties panic and assume that the bearish has come much faster, causing a panic sell in the market. And this is what whales like, panic cells so they can accumulate more Bitcoin at a much cheaper price, before they fly it again.
Whales always play a role in the market and when there is a correction like this they will buy potential coins, because they understand the market will go back up. Moreover, the bullish season will occur next year, currently it is only a correction when the price of bitcoin has reached the latest ATH and this is common in the crypto world.
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For this time the biggest impact that affects the price of bitcoin to soar is trump winning the US presidential election, this is the reality.
Because it seems that the price of bitcoin spiked so high when the vote count occurred in the US and Trump was ahead.
But don't forget the habits in the 4-year cycle, that bitcoin halving is always a consideration because a year after bitcoin halving we will see a bullish season.
No offense, this is a big influence that Trum won the election, with his Pro-crypto campaign, making the market trend change very quickly and heading towards a real bullrun very quickly. Even BTC has touched ATH $ 108,268.
However, it is undeniable that the current price decline is very deep, because previously it had just reached a new ATH at more than $ 108k, and was immediately slammed to $ 92k. There is a lot of FUD spreading, many parties panic and assume that the bearish has come much faster, causing a panic sell in the market. And this is what whales like, panic cells so they can accumulate more Bitcoin at a much cheaper price, before they fly it again.
Whales always play a role in the market and when there is a correction like this they will buy potential coins, because they understand the market will go back up. Moreover, the bullish season will occur next year, currently it is only a correction when the price of bitcoin has reached the latest ATH and this is common in the crypto world.
Whether bearish or bullish or consolidation period then there's always that potential about retracement or pullbacks in the market on which we know that it wont really be just that moving out on a single line on where you will definitely be experiencing those ups and downs. This is what makes it really hard for you to deal up with. If you wont really be that good when it comes to movement then it will really be causing up that loses but of course we do know that market isnt really that too simple to deal with. It will really be requiring up that experience of course but on the moment that you do get a good grasps with it then it wont be something stressful on your part. As for the dumps and crashes then its pretty normal because we are dealing on a volatile space or market.
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I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
Though the news that surrounds us has already giving bitcoin that wave, I mean that it has propelling momentum to hits several ATH even before halving, and when the halving comes it also shows another push to the price couples with the USA Election which finally changes the narratives to make bitcoin experience uncontrollable price increase, causing lot of companies to start holding bitcoin. People then thinks we are already in the bull run, though next year 2025 is when the full rally would start.
Bitcoin halving has always been a driver of the increase in the price of cryptocurrency and usually we see the bullish season will occur a year after the bitcoin halving.
But in my opinion the biggest impact that affects the increase in bitcoin is the US presidential election Tyrump as a candidate who supports bitcoin and promises to make the US the center of bitcoin makes the price of bitcoin soar.
and it is likely that next year bitcoin will be even higher in price because in January next year Trumpo will be inaugurated as US president.
For this time the biggest impact that affects the price of bitcoin to soar is trump winning the US presidential election, this is the reality.
Because it seems that the price of bitcoin spiked so high when the vote count occurred in the US and Trump was ahead.
But don't forget the habits in the 4-year cycle, that bitcoin halving is always a consideration because a year after bitcoin halving we will see a bullish season.
Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
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I am also optimistic that we are yet in the bull season and price might reach $120k by the first quarter of 2025 and we might experience a little bearish movement after then before finally experiencing the bullish trend that can give us the last peak profit of BTC which is expected to happen towards the end of 2025.
Though the news that surrounds us has already giving bitcoin that wave, I mean that it has propelling momentum to hits several ATH even before halving, and when the halving comes it also shows another push to the price couples with the USA Election which finally changes the narratives to make bitcoin experience uncontrollable price increase, causing lot of companies to start holding bitcoin. People then thinks we are already in the bull run, though next year 2025 is when the full rally would start.
Bitcoin halving has always been a driver of the increase in the price of cryptocurrency and usually we see the bullish season will occur a year after the bitcoin halving.
But in my opinion the biggest impact that affects the increase in bitcoin is the US presidential election Tyrump as a candidate who supports bitcoin and promises to make the US the center of bitcoin makes the price of bitcoin soar.
and it is likely that next year bitcoin will be even higher in price because in January next year Trumpo will be inaugurated as US president.
For this time the biggest impact that affects the price of bitcoin to soar is trump winning the US presidential election, this is the reality.
Because it seems that the price of bitcoin spiked so high when the vote count occurred in the US and Trump was ahead.
But don't forget the habits in the 4-year cycle, that bitcoin halving is always a consideration because a year after bitcoin halving we will see a bullish season.
Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
I read comments saying that the bullish season will happen next year, I agree with this because based on habits the bullish season will happen a year after the bitcoin halving.
Although some say this has entered the bullish season because bitcoin has reached ATH $ 108K.
We should just wait, what will happen next year.
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Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
I read comments saying that the bullish season will happen next year, I agree with this because based on habits the bullish season will happen a year after the bitcoin halving.
Although some say this has entered the bullish season because bitcoin has reached ATH $ 108K.
We should just wait, what will happen next year.
Yes you are right because next year is still unpredictable and we can't just sum up the whole thing this year knowing too well that we have a different narratives this year according to how the Bitcoin halving reacted, couples with the bitcoin spot ETF approval give a different approach to the market leaving people on a shocked and how the market has significantly been operated.
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Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
Many people are predicting about Q2-3 next year, we will see a bullish season and they predict bitcoin price will reach $150K.
I am just optimistic with the prediction because I also have hope that my bitcoin and altcoins will sell well next year. but it is better to always see the market trend, because after trump is inaugurated we will see a tremendous surge.
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Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
Many people are predicting about Q2-3 next year, we will see a bullish season and they predict bitcoin price will reach $150K.
I am just optimistic with the prediction because I also have hope that my bitcoin and altcoins will sell well next year. but it is better to always see the market trend, because after trump is inaugurated we will see a tremendous surge.
150k is far too low. We will very likely do 250k or more. If we stay bull.
The problem is will we stay bull. Trump had a defeat yesterday he wanted to lift the debt ceiling until Dec 2027 if he gets this done he will print tons and tons and tons of dollars which will force BTC to well over 250k
But others bet on the dollar. This battle will decide if BTC is to reach unheard of heights.
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150k is far too low. We will very likely do 250k or more. If we stay bull.
The problem is will we stay bull. Trump had a defeat yesterday he wanted to lift the debt ceiling until Dec 2027 if he gets this done he will print tons and tons and tons of dollars which will force BTC to well over 250k
But others bet on the dollar. This battle will decide if BTC is to reach unheard of heights.
If the price of Bitcoin will reach $ 250k next year, this is very great. Hopefully your predictions will happen because I haven't sold my bitcoin and will hold it until next year.
I did not really follow what Trump was doing during the presidential election, but I hope Trump did the best for Bitcoin when he had been appointed to become a US president.
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If the price of Bitcoin will reach $ 250k next year, this is very great. Hopefully your predictions will happen because I haven't sold my bitcoin and will hold it until next year.
I did not really follow what Trump was doing during the presidential election, but I hope Trump did the best for Bitcoin when he had been appointed to become a US president.
I am also anticipating to see Bitcoin to that price, altcoins are going to have a nice party to reach the all time high and even pass it but the way the news is going, I'm skeptical if Donald Trump is going to have that power to make it really possible. If he can have his way into to the heart if the congress, it is going to be easy else it's going to be tough than we expected.
Let's be hopeful the people in the congress want Bitcoin and are ready to make Bitcoin a law in the US finance, that 250k many of us are expecting will be something of the past because Bitcoin will make that run nobody will ever expected.
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Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
Many people are predicting about Q2-3 next year, we will see a bullish season and they predict bitcoin price will reach $150K.
I am just optimistic with the prediction because I also have hope that my bitcoin and altcoins will sell well next year. but it is better to always see the market trend, because after trump is inaugurated we will see a tremendous surge.
150k is far too low. We will very likely do 250k or more. If we stay bull.
The problem is will we stay bull. Trump had a defeat yesterday he wanted to lift the debt ceiling until Dec 2027 if he gets this done he will print tons and tons and tons of dollars which will force BTC to well over 250k
But others bet on the dollar. This battle will decide if BTC is to reach unheard of heights.
I am also having this feelings as well because the price of bitcoin has been severally predicted to pass such price and most people says it would hit about 500k before next year runs out which I believe it would definitely get close to that prices.
More people buying bitcoin and few days ago El Salvador put some bitcoin that was added to their portfolio.
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No offense, this is a big influence that Trum won the election, with his Pro-crypto campaign, making the market trend change very quickly and heading towards a real bullrun very quickly. Even BTC has touched ATH $ 108,268.
However, it is undeniable that the current price decline is very deep, because previously it had just reached a new ATH at more than $ 108k, and was immediately slammed to $ 92k. There is a lot of FUD spreading, many parties panic and assume that the bearish has come much faster, causing a panic sell in the market. And this is what whales like, panic cells so they can accumulate more Bitcoin at a much cheaper price, before they fly it again.
In my opinion this is just a correction after having a good pump on the market. And as well when we will say this kind of down market I also think that these are the signals of decreasing the bitcoin dominance on the crypto market and that will also a signal for starting the altcoin season.
That's mean after having down market the investor maybe switch them to altcoins and maybe then the altcoin season will start also as well. And regarding the current situation I will say that this is just correction I am not going to trapped decided to holding Bitcoin till 120k.
Sorry, I mistyped "Panic Cells", it's panic sell. :'( :'(
Yes, this is a market correction that usually occurs after the BTC price has risen so drastically. and actually this is a natural thing. it's just that the drop is quite deep, and it feels like being slammed. meaning many people are panicking at times like this. Especially short-time traders, who may have difficulty taking profits at this time, except for those who have indeed placed SHORT positions on their trading.
but well, now, the market has started to get busy, although it has not returned to the Bitcoin ATH price area, but at least there have been many increases that we have seen in the market. and this is certainly also followed by altcoins.
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Yes, this is a market correction that usually occurs after the BTC price has risen so drastically. and actually this is a natural thing. it's just that the drop is quite deep, and it feels like being slammed. meaning many people are panicking at times like this.
Panicking at 90k range? I don't think so, i would panic if the drop went down ward more e.g. 80k range but a correction with 5-8k is just small compare how bitcoin price leaps when it pumps. Why? It's already a month since we reached 90k yet were still here even still reaching 100k again after few more days.
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Yes, this is a market correction that usually occurs after the BTC price has risen so drastically. and actually this is a natural thing. it's just that the drop is quite deep, and it feels like being slammed. meaning many people are panicking at times like this.
Panicking at 90k range? I don't think so, i would panic if the drop went down ward more e.g. 80k range but a correction with 5-8k is just small compare how bitcoin price leaps when it pumps. Why? It's already a month since we reached 90k yet were still here even still reaching 100k again after few more days.
If you've been here on this market long enough then -10% drop in a day or even more wont really be that able to make you panic. If we do tend to look up in the past where 24 hour drop percentages are way too big and if you arent that good enough when it comes into our emotion and mindset then you will really be that ending up on having that panic selling. This is why its really that important that you should really be knowing at least on what are the common behavior of price so that you can be able to apply it out into your future analysis at the same time you will be able to make yourself having such adjustment at the time that you do make out such encounter on market price conditions.
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Of course there is always bullish season after bitcoin halving and it always occurs when that year have finished entering the new year somewhere in Q2-3 we would experience a huge spike in the market. But since the market has been acting so unpredictable we could see something new from next year and who knows what that could be, like I know two things possible is either bull or bear.
Many people are predicting about Q2-3 next year, we will see a bullish season and they predict bitcoin price will reach $150K.
I am just optimistic with the prediction because I also have hope that my bitcoin and altcoins will sell well next year. but it is better to always see the market trend, because after trump is inaugurated we will see a tremendous surge.
150k is far too low. We will very likely do 250k or more. If we stay bull.
The problem is will we stay bull. Trump had a defeat yesterday he wanted to lift the debt ceiling until Dec 2027 if he gets this done he will print tons and tons and tons of dollars which will force BTC to well over 250k
But others bet on the dollar. This battle will decide if BTC is to reach unheard of heights.
I am also having this feelings as well because the price of bitcoin has been severally predicted to pass such price and most people says it would hit about 500k before next year runs out which I believe it would definitely get close to that prices.
More people buying bitcoin and few days ago El Salvador put some bitcoin that was added to their portfolio.
500K definitely not, even Phillipma's 250k looks steep, though I understand because every bull run creates this euphoria where such predictions somehow make sense.
I am not saying, these targets won't be reached, I just don't think it's happening this time around.
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...If we do tend to look up in the past where 24 hour drop percentages are way too big and if you arent that good enough when it comes into our emotion and mindset then you will really be that ending up on having that panic selling. This is why its really that important that you should really be knowing at least on what are the common behavior of price so that you can be able to apply it out into your future analysis at the same time you will be able to make yourself having such adjustment at the time that you do make out such encounter on market price conditions.
Right? It's actually always conditioning your emotions and mindset whenever you go on such market behaviour. Bearish season will not happen too soon at least this December so no need to panic sell. Bear is much worse than this as per the history of every bear season.
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500K definitely not, even Phillipma's 250k looks steep, though I understand because every bull run creates this euphoria where such predictions somehow make sense.
I am not saying, these targets won't be reached, I just don't think it's happening this time around.
Then you are getting twisted because as I know the market is filled with uncertainties and there are possibilities that seems to break out the records, like I know there is always a fever that drives the market so crazy in way that we can't imagine anymore, and of course those who aren't optimistic wouldn't have this rethinking that the market gonna make something quite different by ends of this year 2024. Possible we can say next year we are expecting insignificant amount ranging from 250k-500k, yes this is understandable.
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500K definitely not, even Phillipma's 250k looks steep, though I understand because every bull run creates this euphoria where such predictions somehow make sense.
I am not saying, these targets won't be reached, I just don't think it's happening this time around.
Then you are getting twisted because as I know the market is filled with uncertainties and there are possibilities that seems to break out the records, like I know there is always a fever that drives the market so crazy in way that we can't imagine anymore, and of course those who aren't optimistic wouldn't have this rethinking that the market gonna make something quite different by ends of this year 2024. Possible we can say next year we are expecting insignificant amount ranging from 250k-500k, yes this is understandable.
Call me pessimist but I don't see BTC going anywhere near 250k this cycle, let alone 500k — you can bookmark this comment and call me wrong if it does break, I'll happily apologize to you.
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500K definitely not, even Phillipma's 250k looks steep, though I understand because every bull run creates this euphoria where such predictions somehow make sense.
I am not saying, these targets won't be reached, I just don't think it's happening this time around.
Then you are getting twisted because as I know the market is filled with uncertainties and there are possibilities that seems to break out the records, like I know there is always a fever that drives the market so crazy in way that we can't imagine anymore, and of course those who aren't optimistic wouldn't have this rethinking that the market gonna make something quite different by ends of this year 2024. Possible we can say next year we are expecting insignificant amount ranging from 250k-500k, yes this is understandable.
Call me pessimist but I don't see BTC going anywhere near 250k this cycle, let alone 500k — you can bookmark this comment and call me wrong if it does break, I'll happily apologize to you.
Lols no one knows the future price of bitcoin and all we do is speculations about the bitcoin price. But that doesn't mean we wouldn't be optimistic about the price and just as it happened seeing 108k this year, we didn't expect it and none knows that it would come to this level. Whatever price people giving doesn't directly comes from their surety level instead just a merely guess words. Hence, we may see the price at that level or lower than that level. There would be no to further argue or calling for apologies.
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Yes, this is a market correction that usually occurs after the BTC price has risen so drastically. and actually this is a natural thing. it's just that the drop is quite deep, and it feels like being slammed. meaning many people are panicking at times like this. Especially short-time traders, who may have difficulty taking profits at this time, except for those who have indeed placed SHORT positions on their trading.
I think we shouldn't panic so quickly and we need to keep our investments secure so that we don't get hit by any FUD.
As I already said and you also mention that this is just a natural market correction and the real all time high price yet to cross left now . And I also think that that will happen on the starting of the 2025 maybe it tooks the first quarter of the 2025 but in December if we thought that it is the last month of bull season and if we sold out the holding bitcoin then it will be only foolishness.
ANd in this case I also wouldn't suggest for the future trade.
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Most of now until Jan 20 is chatter.
The war is old money and the dollar against new money and crypto.
Trump went after the dollar trying to get the USA debt limit removed.
All his crypto plans hinge on removing the USA debt limit.
He can bury the dollar bigly and pump crypto like mad if he gets the deb limit remove.
His next shot at it will be in late feb-early march.
If he removes the debt limit the USA will print money like mad devalue the dollar and pump BTC/crypto.
2025 could be omg 300k 400k or oh fuck why didn't I sell when we got to 108k.
It is exciting to wait to find out which way we will move to.
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Yes, this is a market correction that usually occurs after the BTC price has risen so drastically. and actually this is a natural thing. it's just that the drop is quite deep, and it feels like being slammed. meaning many people are panicking at times like this. Especially short-time traders, who may have difficulty taking profits at this time, except for those who have indeed placed SHORT positions on their trading.
I think we shouldn't panic so quickly and we need to keep our investments secure so that we don't get hit by any FUD.
As I already said and you also mention that this is just a natural market correction and the real all time high price yet to cross left now . And I also think that that will happen on the starting of the 2025 maybe it tooks the first quarter of the 2025 but in December if we thought that it is the last month of bull season and if we sold out the holding bitcoin then it will be only foolishness.
ANd in this case I also wouldn't suggest for the future trade.
This is just a correction, even though the price of bitcoin will turn below $90K, the price of bitcoin will likely rise again. Because the bullish season will occur next year and Trump's inauguration will occur in January next year, we will see the crypto market surge at that time. so we remain calm when we see the current red crypto market.
Because this is the best time to buy.
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This is just a correction, even though the price of bitcoin will turn below $90K, the price of bitcoin will likely rise again. Because the bullish season will occur next year and Trump's inauguration will occur in January next year, we will see the crypto market surge at that time. so we remain calm when we see the current red crypto market.
Because this is the best time to buy.
I can agree with you. I am also expecting that Bitcoin will recover from this correction in a short period. Like maybe we will see the Bitcoin on 108k again on the 31st night? Although I don't know much analysis after experienceing the last few days on the market its feel me from ithe nside that Bitcoin will recover soon.
And I will also say that these kind of correction in market also needed like for kicking up the altcoin season at this moment. As these dump will decrease the bitcoin dominance in the market.
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If the price of Bitcoin will reach $ 250k next year, this is very great. Hopefully your predictions will happen because I haven't sold my bitcoin and will hold it until next year.
I did not really follow what Trump was doing during the presidential election, but I hope Trump did the best for Bitcoin when he had been appointed to become a US president.
You not selling your Bitcoin yet, doesn't mean Bitcoin will reach $250k next year. We are not really sure whether Bitcoin will hit $250k by next year. Don't just placed your mind on it before selling your Bitcoin.
To be at a safe side, sell some part of your Bitcoin at $150k, and hodl the rest to $250k, if you truly believe it will happen. Selling some part of your Bitcoin, hodling the rest looks better that way because it's better you have some potential profits than losing it all, in the means of waiting for huge amount for Bitcoin to reach before selling.