Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Stuart on December 20, 2024, 10:56:37 AM
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Is Bitcoin currently facing a bear market, for as the price of Bitcoin has been on a downward movement for days now.
An article I came across said it is the Feds Reserve Decision to cut some interest down for the year which the cut interest rates was by 0.25% as was widely expected.
Is this also a way in which the government wants to take their place in the crypto industry, cause when we hear Federal Reserve, that's the government having their effect of the crypto market already.
On another perspective, the price of Bitcoin got to the highs of $108k+, could it be that the whales in the market took out some profits to open a new entry level? Cause this also happened when Bitcoin first touched $104k we experienced something of this same nature.
What do you guys think about the current market situation? Let's hear your thoughts about this. Thanks.
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I think it's a big combination of factors
1 - The whole market reacted badly to the FED, not just the cryptos, but the stock markets too
2 - Whales liquidating the longs
3 - People and companies capitalizing / selling for the end of the year
4 - Fear that the bull market is coming to an end
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It's not really that deep, at least not yet. Today's low was $92,250 which is less than 15% of the ATH.
In the previous cycles, we've seen much bigger corrections on the way to the peak, of around 20-30% if I remember correctly.
I think the major trigger was the overreaction to the news about FED intending to make less interest rates cuts in 2025, but I think we'll rebound.
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Is Bitcoin currently facing a bear market, for as the price of Bitcoin has been on a downward movement for days now.
I think no, Bitcoin is just experiencing a big correction after it reaches $108k. I think it is normal, it needs a correction before it increases a higher price. We must be patient to see the corrections. It must recover soon, just wait for the new year to see another pump in the market.
What do you guys think about the current market situation? Let's hear your thoughts about this. Thanks.
I think it is a normal correction. Crypto market will be green again soon. January should be the big pump for crypto coins. According to some experts, Q1 2025 may be the peak of this bullrun season.
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I think it is a normal correction. Crypto market will be green again soon. January should be the big pump for crypto coins. According to some experts, Q1 2025 may be the peak of this bullrun season.
Yeah, nothing to panic about. Any dip up to the level of $85k would be still within the normal price action, similar to the previous cycles.
After dipping to $92.5k area, we somewhat stabilised at the $97k level. I expect we might go a bit lower tomorrow, given weekends are usually not very great for pumping and the volume not being that high. But we'll most likely be back to above $100k in a few days from now.
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Is Bitcoin currently facing a bear market, for as the price of Bitcoin has been on a downward movement for days now.
An article I came across said it is the Feds Reserve Decision to cut some interest down for the year which the cut interest rates was by 0.25% as was widely expected.
Maybe this is one of the reasons why the market dumped really hard a few days ago and when I say HARD, I mean really hard. Just imagine how much traders lost their money in that dump alone. I believe more than a billion dollars lost their money and got liquidated "AGAIN". We've seen 2 huge dumps in this month alone, causing most traders to lose their money.
Is this also a way in which the government wants to take their place in the crypto industry, cause when we hear Federal Reserve, that's the government having their effect of the crypto market already.
Probably, but we have no concrete proof of that. We can speculate that it can be, but that's what we can do at best.
On another perspective, the price of Bitcoin got to the highs of $108k+, could it be that the whales in the market took out some profits to open a new entry level? Cause this also happened when Bitcoin first touched $104k we experienced something of this same nature.
What do you guys think about the current market situation? Let's hear your thoughts about this. Thanks.
It's also possible that many already set their selling price target at $108,000. Whales probably already put their Bitcoin holdings on sell at that price and that caused a huge downward pressure, and those who newbie investors also sold theirs as well out of panic. As for the market situation, we will still see the market going up maybe not this month, but in the first 3 months of 2025, and that's based on the price movement of Bitcoin 3 years ago in 2021.
I just can't forget that huge dips that happened this month that caused me to lose my capital in trading. :-X
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There are possibilities of what you said be true about the Fed wanting to take a position on the market, though we can't overemphasize on that but basically I am seeing it to be a correction to open new position. The market has hit an ATH of 108k and for this to further its needs a correction that would give the market a momentum to create another price level which would gives the market support to reach another ATH.
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I think it's a big combination of factors
1 - The whole market reacted badly to the FED, not just the cryptos, but the stock markets too
2 - Whales liquidating the longs
3 - People and companies capitalizing / selling for the end of the year
4 - Fear that the bull market is coming to an end
I think the most important factor is the FED.
Nobody really believes that the bull market is coming to an end.
Bitcoin is everywhere now. Everyone is talking about it. In the last cycle, El Salvador was talking about BTC. Now it is USA and Russia. It is another level of engagement.
I am bullish about 2025
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The bear market has not yet started, this is just a price correction based on my speculation we are still going to experience some bullish momentum to above $110k further before the price will go bearish and could go down to $80k. If the bearish movement start fully, we could even see Bitcoin come down to $75k and that's not going to be this year.
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I think it's a big combination of factors
1 - The whole market reacted badly to the FED, not just the cryptos, but the stock markets too
2 - Whales liquidating the longs
3 - People and companies capitalizing / selling for the end of the year
4 - Fear that the bull market is coming to an end
I think the most important factor is the FED.
Nobody really believes that the bull market is coming to an end.
Bitcoin is everywhere now. Everyone is talking about it. In the last cycle, El Salvador was talking about BTC. Now it is USA and Russia. It is another level of engagement.
I am bullish about 2025
I'm optimistic about 2025 too ;D
Everything points to a few excellent months, breaking the cycle due to the high demand for Bitcoin, the high adoption, etc
But I went through 2017-2018 and then 2021-2022 and I remember well that the market turns downwards so abruptly, that it catches you off guard and it's always good to keep your feet on the ground hehehe
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I think it's a big combination of factors
1 - The whole market reacted badly to the FED, not just the cryptos, but the stock markets too
2 - Whales liquidating the longs
3 - People and companies capitalizing / selling for the end of the year
4 - Fear that the bull market is coming to an end
Yes, i do agree with this list on which this is really that the common reason on why this market is really making out that correction. We cant really just having a continous price increase on which at the moment that it will be having its greed indication or lets say we are on overbought state or situation then you will be able to expect that there's sell off, even though TA's arent that precise but at least you do have that kind of idea at least on where it could possibly make out some correction or price dump.
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Bitcoin is everywhere now. Everyone is talking about it. In the last cycle, El Salvador was talking about BTC. Now it is USA and Russia. It is another level of engagement.
And what happens if Trump is back on his game of forgetting his promises?
Remember how the markets created just a few days ago when he said that bringing grocery prices back down is hard to do, he isn't even president yet, and suddenly from saying he will do that and this he is already backtracking on it saying it's hard and stuff and we need to deal with it.
If he forgets about the reserve or starts coming up with excuses we will see bear season, all this hype right now runs on this, plug the cord and we're back in days at 60 levels if we're lucky.
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We have still not saw a real correction. 15% down and few days before Christmas is something that is not so unique if I must say.
Historically we will know where this cycle is headed once we hit January
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If he forgets about the reserve or starts coming up with excuses we will see bear season, all this hype right now runs on this, plug the cord and we're back in days at 60 levels if we're lucky.
Well, this is a risky investment. Bear can come at anytime, you are correct. No only trump promises, but everything may change quickly (like it always did).
Bitcoin is still a very young project, 15 years is basically nothing in the history of finance. This cycle is already a bit different than the others, and history of cycles may not repeat itself
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What do you guys think about the current market situation? Let's hear your thoughts about this. Thanks.
You can't call this a dip and it's not a correction, it's just lower high channel. A dip is when we crash hardly maybe by 20% and the market refused to go to where it's trading again due to fear or any uncertainty and as for the correction, a healthy one will take time before we see the correction atleast 35% from the all time high.
I think we will stay here for a while until there is affirmation of Donald Trump into the white house and if he is going to say the thing he promised the Bitcoin market or just another politician that has played people's with their usual talk.
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On another perspective, the price of Bitcoin got to the highs of $108k+, could it be that the whales in the market took out some profits to open a new entry level? Cause this also happened when Bitcoin first touched $104k we experienced something of this same nature.
What do you guys think about the current market situation? Let's hear your thoughts about this. Thanks.
What the market is experiencing now is not something that can be avoided, you cannot continue to have a bullish market all through without the market having some correction along the way. I think this is what we are experiencing now even though it is most likely that the correction is tied to news from the government, their little effect of the market.
I remember that bitcoin after reaching and crossing $100K for the first time, we saw the market going bearish for a while before the bulls took over and we saw it rally above $108K to record another new all time high. The whales may have taken some profits and it may be that the market is waiting for confirmation from Donald Trump on his promises for bitcoin before we see the next move of the market.
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I think it is a normal correction. Crypto market will be green again soon. January should be the big pump for crypto coins. According to some experts, Q1 2025 may be the peak of this bullrun season.
Yeah, nothing to panic about. Any dip up to the level of $85k would be still within the normal price action, similar to the previous cycles.
After dipping to $92.5k area, we somewhat stabilised at the $97k level. I expect we might go a bit lower tomorrow, given weekends are usually not very great for pumping and the volume not being that high. But we'll most likely be back to above $100k in a few days from now.
Yeah, a dip to $90k to $86k levels is what some analyst are predicting, though i am looking at this price renge too before the next uptrends movements, probably first quarter of 2025.
I am expecting a massive demand for Bitcoin especially if Donald Trump commences implementation of his Bitcoin promises in early 2025. We needed some immediate action plans in the crypto economy from this regime to hit a new record.
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Yeah, a dip to $90k to $86k levels is what some analyst are predicting, though i am looking at this price renge too before the next uptrends movements, probably first quarter of 2025.
I am expecting a massive demand for Bitcoin especially if Donald Trump commences implementation of his Bitcoin promises in early 2025. We needed some immediate action plans in the crypto economy from this regime to hit a new record.
If the United States announces in advance that it will buy BTC to use as reserves, I predict that the market could start buying a lot of BTC to get ahead of a possible very high purchase that could push up the value.
And with this very high demand, we could see BTC reach 150k very quickly, or even more, who knows
It's also important to note that if the opposite happens, one or two bad news could cause the price to fall again
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The bear market has not yet started, this is just a price correction based on my speculation we are still going to experience some bullish momentum to above $110k further before the price will go bearish and could go down to $80k. If the bearish movement start fully, we could even see Bitcoin come down to $75k and that's not going to be this year.
I feel what you speculate above wouldn't happen in this circle but after the bull run, because after the bull run comes the bear market. We are only having market corrections and nothing more. The price of bitcoin would bounce back and make a new ATH, so no cause for alarm. This is an opportunity to buy back because the price is moving sideways.
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It's really good to see we successfully defended $94k-$95k and bounced back to almost $99k.
Some technical analysts predicted that we might go down to $80k or even $70k levels if there isn't enough support at $95k. And I think many could find it too hard to just sit on their hands and watch the price fall by that much.
Hopefully that's enough for a correction for now.
The Fear & Greed index and the dominance are looking pretty good, indicating there's still a lot of room for further gains.
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It's interesting to note that even after the correction, BTC is above the value it ended November at, with a 1.86% appreciation
(https://i.ibb.co/JHKwhkp/Captura-de-tela-2024-12-25-113447.png) (https://ibb.co/1TLtS2X)
Source (https://www.coinglass.com/today)
However, if history repeats itself, we could still see a 10% rise to end December even better, probably above 100k
What do you think?
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We were almost back to the $100k (at $99,800) at the start of the day. But it looks like the enthusiasm got curbed and we're testing the $95k level yet again. If support holds, we might see buyers regaining confidence and we could finish the year with a proper Santa Claus rally, that could take the price to the new ATH. But if the support fails, the correction might continue, some say we could drop even to the seventies.
Anyhow, patience is advised, nothing that is happening is new and we've seen similar patterns in the previous cycles.
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We were almost back to the $100k (at $99,800) at the start of the day. But it looks like the enthusiasm got curbed and we're testing the $95k level yet again. If support holds, we might see buyers regaining confidence and we could finish the year with a proper Santa Claus rally, that could take the price to the new ATH. But if the support fails, the correction might continue, some say we could drop even to the seventies.
Anyhow, patience is advised, nothing that is happening is new and we've seen similar patterns in the previous cycles.
Bitcoin has gone down a bit and is now at around $97K, but I am confident that we will see a new all-time high next year.
According to an article I read yesterday on CoinMarket, there are strong support points at $90K and $85K and breaking these resistances could take us to the $72K area, but despite that there is no need to be afraid because this is a temporary correction and Bitcoin will soon resume its upward path again.
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Bitcoin has gone down a bit and is now at around $97K, but I am confident that we will see a new all-time high next year.
According to an article I read yesterday on CoinMarket, there are strong support points at $90K and $85K and breaking these resistances could take us to the $72K area, but despite that there is no need to be afraid because this is a temporary correction and Bitcoin will soon resume its upward path again.
Its predicting by CZ with bitcoin potential drop until $85k but latest most lowest price of bitcoin around $90k before success faster recovering and up to $97k. Have few days left before end this year and firstly the Christmas day have been pass looks not get trouble for bitcoin will drop more lower price.
In my prediction, bitcoin have possibility will raise more higher price again after latest correction and potential reach up to $100k looks easily, waiting few days later and the end of this year how much increasing of bitcoin price but always prepare if bitcoin get another correction moment again.
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In my prediction, bitcoin have possibility will raise more higher price again after latest correction and potential reach up to $100k looks easily, waiting few days later and the end of this year how much increasing of bitcoin price but always prepare if bitcoin get another correction moment again.
It may also wait for Trump's inauguration to happen, but the beginning of the year will be a good start for Bitcoin.
There are a lot of investors who are starting to come in and now the price of Bitcoin is still stable in the $95k-$100k price area,
although some drops are always happening but very fast to make a reversal.
The market is still being played and held towards the end of this year.
But I believe this correction is needed to make the price of bitcoin even higher to break the new ATH again later.
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In my prediction, bitcoin have possibility will raise more higher price again after latest correction and potential reach up to $100k looks easily, waiting few days later and the end of this year how much increasing of bitcoin price but always prepare if bitcoin get another correction moment again.
Yes, reaching $100k again seems very easy, we have the yearly close in a few days and it is very positive to close above 100k so that we can welcome the new year with more positivity.
I expect the market to be quiet during the Christmas and New Year period but I expect a big rise after that before Trump takes office and during the first three months of his term and then after that Bitcoin could start to decline, this is my personal view.
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In my prediction, bitcoin have possibility will raise more higher price again after latest correction and potential reach up to $100k looks easily, waiting few days later and the end of this year how much increasing of bitcoin price but always prepare if bitcoin get another correction moment again.
Yes, reaching $100k again seems very easy, we have the yearly close in a few days and it is very positive to close above 100k so that we can welcome the new year with more positivity.
I expect the market to be quiet during the Christmas and New Year period but I expect a big rise after that before Trump takes office and during the first three months of his term and then after that Bitcoin could start to decline, this is my personal view.
Yes i also think Bitcoin price will reach $100k again. Now Bitcoin price decreasing. Now Bitcoin price $94k. I think from here to reach $100k is very easy which we saw few days ago. We think it is not big deep it os only correction. We know every big pump correction happen. So it it not others things it is also correction for Bitcoin price.
We know begaining of this years Bitcoin halving has been happen. And US government approved Eft. So it has positive impact And recently US election result published and Donald Trump elected as US president. Donald Trump is positive person about Cryptocurrency. So within short time it’s import on cryptocurrency market and market will bull again. So i think now only correction happening not big deep.
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Bitcoin has gone down a bit and is now at around $97K, but I am confident that we will see a new all-time high next year.
According to an article I read yesterday on CoinMarket, there are strong support points at $90K and $85K and breaking these resistances could take us to the $72K area, but despite that there is no need to be afraid because this is a temporary correction and Bitcoin will soon resume its upward path again.
We don't know if it can hit a new ATH again in the next year. It is possible that $108k is the highest price of Bitcoin in this cycle.
It is just a rumor, may be like a random speculation. I ever heard that CZ who said that. I think we don't need to think much about it. In my opinion, it will be safe as long as Bitcoin price is still above $90k. It is no doubt that it is only a temporary correction, it will end soon in Q1 2025.
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Yeah, a dip to $90k to $86k levels is what some analyst are predicting, though i am looking at this price renge too before the next uptrends movements, probably first quarter of 2025.
I am expecting a massive demand for Bitcoin especially if Donald Trump commences implementation of his Bitcoin promises in early 2025. We needed some immediate action plans in the crypto economy from this regime to hit a new record.
If the United States announces in advance that it will buy BTC to use as reserves, I predict that the market could start buying a lot of BTC to get ahead of a possible very high purchase that could push up the value.
And with this very high demand, we could see BTC reach 150k very quickly, or even more, who knows
It's also important to note that if the opposite happens, one or two bad news could cause the price to fall again
Trump has made a speech on acquiring Bitcoin for Fed Reserve come 2025, which I know this will have a very serious impact in the crypto industry. Other top countries will also want to do so, countries like Russia and China (these are countries who wants to be heard of in the world) which some other countries that will not make a public voice out will also do the same.
Though, I have only made a little transaction on Bitcoin network recently, what it says is due to high demands, there will be delay in your BTC arriving your wallet. Who knows what's already going on, as the space is of anonymity to all transactions going through the network.
Bitcoin touched $93k, if it falls below $90k to $85 or below, then the bear is here.
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Bitcoin has gone down a bit and is now at around $97K, but I am confident that we will see a new all-time high next year.
According to an article I read yesterday on CoinMarket, there are strong support points at $90K and $85K and breaking these resistances could take us to the $72K area, but despite that there is no need to be afraid because this is a temporary correction and Bitcoin will soon resume its upward path again.
We don't know if it can hit a new ATH again in the next year. It is possible that $108k is the highest price of Bitcoin in this cycle.
For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.
Of course, these are all just speculations that can be right or wrong, but there are a lot of positive things that the market will do next year that make me sure that we will reach these numbers, let's wait and see.
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For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.
Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
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I think it's a big combination of factors
1 - The whole market reacted badly to the FED, not just the cryptos, but the stock markets too
2 - Whales liquidating the longs
3 - People and companies capitalizing / selling for the end of the year
4 - Fear that the bull market is coming to an end
I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
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For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.
Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.
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Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.
well there's no say what Bitcoin has in mind for investors next year, and i don't blame investors for being too optimistic about Bitcoin price going as high as $180k or above, i even heard someone speculating that next year Bitcoin price would exceed $200k and would be the last person to argue this because Bitcoin has the potential to achieve it. many are saying that we will be expecting another surge in the first quarters of next year as soon as Donald Trump is sworn in, but as we already know, this is only but a speculation and things could at anytime take a different turn.
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For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.
Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.
Yes thanks for the advice, actually although I am optimistic about Bitcoin reaching $180K this cycle but I actually work with a profit taking strategy at varying price levels.
As you mentioned if a trader sets a high target and then sits waiting he may miss the opportunity, so I followed a strategy of selling 50% at 100K and I will sell 25% at 120-150 and the last quarter I will leave it for the last target, this way you do not regret missing the opportunity and benefit from all the rises if they happen.
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Yes thanks for the advice, actually although I am optimistic about Bitcoin reaching $180K this cycle but I actually work with a profit taking strategy at varying price levels.
As you mentioned if a trader sets a high target and then sits waiting he may miss the opportunity, so I followed a strategy of selling 50% at 100K and I will sell 25% at 120-150 and the last quarter I will leave it for the last target, this way you do not regret missing the opportunity and benefit from all the rises if they happen.
Its my favorite strategies not only when selling but also when buying bitcoin or altcoin, always priority for selling around 50% of my assets at $100k then around 30% more higher and left of 20% get higher than my two sell order. The same ways when buying any coin or bitcoin always spending around 40% for price around $100k then set up lower around few percent to buy left 40% then left my capital set up more lower price before.
I think its very effective when price going up still have two sell order and the same when buying coins after first order filled and price going dump have other left order buy with lower price.
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Yes, I personally don't dare to set a Bitcoin price target for its ATH at around $180k. I might set it for several price targets only so that I can still optimize the chance to still get profits. Yes, the figure of $120k - $150k is enough for me. And it really is a milestone if $150k will really be achieved. I'm worried that this is just an excessive expectation like in 2021 which in the end didn't have time to take profits because the expectations were too high. The meaning is to be bullish next year, change the strategy by setting several price targets so you don't regret it.
well there's no say what Bitcoin has in mind for investors next year, and i don't blame investors for being too optimistic about Bitcoin price going as high as $180k or above, i even heard someone speculating that next year Bitcoin price would exceed $200k and would be the last person to argue this because Bitcoin has the potential to achieve it. many are saying that we will be expecting another surge in the first quarters of next year as soon as Donald Trump is sworn in, but as we already know, this is only but a speculation and things could at anytime take a different turn.
Right, everything is speculation, it could be right, it could be wrong, or close. Therefore, we ourselves determine how our own targets are, based on considerations from various sides. as long as we can get profits at a certain rate and that is enough, yes take profits. if for example there is no problem with taking profits and want to wait until the highest rate, yes that is each person's choice. What is certain is that we should not regret what we have decided and done, whatever the results.
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For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.
Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Speaking about speculation then numbers will really be that totally different to each other because we do have that different approach when it comes to prices on which there are those people who are that too optimistic and there are ones who are just that going with the flow and there are ones who are that negative. Numbers will really be that different and as an investor then it will really be that just depending on you on how you will be able to go with the flow in speaking about price movements on which this is something that very random and very speculative on which its really that hard to predict on where it will be going.
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I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
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I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
In the daily chart, Bitcoin is still in the bull season there might be a possibility it could hit the new ATH but the possibilities are based on the historical data This is the critical year for Bitcoin, and we are expecting to see more drop in price or expecting to see bearish season.
For now, lets wait to see for Trump what he will do to crypto this end of this month if there's a bit of improvement we might able to see a new ATH this first q1.
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I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
If we consider BTC's cycles and you believe that history repeats itself, 2025 will still be a bullish year, only to be in a bear market again in 2026
Obviously, these years will be highly volatile with the possibility of major falls
The question is, with the entry of many companies, many ETFs and hodlers, could history be different this time?
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I hope that this bull season or bull market does not end so soon because we have already seen a very small number of top level altcoins being able to touch their new all-time high prices. On the other hand, other altcoins, especially Ethereum, have not been able to touch their new all-time high prices, let alone come close to their previous all-time high prices. So I think there is still some way to go in the bull market.
Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
In the daily chart, Bitcoin is still in the bull season there might be a possibility it could hit the new ATH but the possibilities are based on the historical data This is the critical year for Bitcoin, and we are expecting to see more drop in price or expecting to see bearish season.
For now, lets wait to see for Trump what he will do to crypto this end of this month if there's a bit of improvement we might able to see a new ATH this first q1.
Yes i also think it is correction not big deep. We are seeing now Bitcoin price gradually increasing. I think in this month of this New 2025 Bitcoin price will cross previous ATH.
I think within short time bitcoin price will hit $120k. And in this year Bitcoin price will hit minimum $150k. And i believe bull session sitll running and in this session we will saw big pump which will big pump for bitcoin history.
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Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
The unexpected performance from Ethereum coin made the altcoin season questionable in this bull season. I have seen some discussion on online that like "Maybe this is the bull season which don't have the altcoins season."
Anyway there is no other way rather than keep claiming our self because I don't want to made my name on the list of the loss.
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Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
The unexpected performance from Ethereum coin made the altcoin season questionable in this bull season. I have seen some discussion on online that like "Maybe this is the bull season which don't have the altcoins season."
Anyway there is no other way rather than keep claiming our self because I don't want to made my name on the list of the loss.
I think there is really nothing to worry about. Because negativity like that is not new to us. A lot of people have always wondered if the alt season would ever come, but the alt season happened. But to me, this is a normal effect when someone is kept waiting. So we need to have full confidence so that we can wait, because there are good news ahead that we can be sure is good for crypto just like the announcement that Trump is set to begin as a President this January 20. That's just one of the Fundamentals that has a big impact on crypto. So it is highly possible that the alt season will happen.
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Keep calm! The bullrun season will continue in this year (2025). Bitcoin price will continue to increase again. But it is true that we must be more careful in this year because it is probably the end of bullrun season. Sure, Bitcoin may hit another new ATH, people predicted it will hit its peak price in Q1 2025. Ethereum still can't hit its ATH, but it seems to hit its ATH very soon in the beginning 2025.
The unexpected performance from Ethereum coin made the altcoin season questionable in this bull season. I have seen some discussion on online that like "Maybe this is the bull season which don't have the altcoins season."
Anyway there is no other way rather than keep claiming our self because I don't want to made my name on the list of the loss.
You could be right as anything is possible and likely to happened and who know if we won't have altcoin season this bull run Lol. As we know things are changing and we should also accept the changes as well.
Just as well hit new ATH even before the bitcoin halving this is to show that anything is possible.
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Bitcoin is everywhere now. Everyone is talking about it. In the last cycle, El Salvador was talking about BTC. Now it is USA and Russia. It is another level of engagement.
And what happens if Trump is back on his game of forgetting his promises?
Remember how the markets created just a few days ago when he said that bringing grocery prices back down is hard to do, he isn't even president yet, and suddenly from saying he will do that and this he is already backtracking on it saying it's hard and stuff and we need to deal with it.
If he forgets about the reserve or starts coming up with excuses we will see bear season, all this hype right now runs on this, plug the cord and we're back in days at 60 levels if we're lucky.
This is a point that I am being skeptical about, cause politicians can use words to get what they want from the populace. Though, the expectation of positive message to the entire public and crypto community is on a very high level, coupled with his selection of those working with him in office, the Sec and Musk who is also a big crypto supporter.
If he forgets about his promise to the crypto industry, the market will face a bear market that might linger a while.
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For me, I don't consider $108k as the highest price for Bitcoin in this cycle, I'm almost sure it will reach at least $120-150 and it could reach $180k at the peak at the end of next year.
Not sure about the $180k, it might be a bit too optimistic given how much money would need to flow into the market to achieve that, but $120k is a very realistic expectation. I think we'll get there without problems within next few months unless the global recession creeps in before that happens, in which case I think Bitcoin would enter the bear market together with most of the traditional stocks.
Seeing the crypto market is highly volatile and the speculations goes out of control when big bodies or investors comes/speaks about something good related to crypto, we see good price movement, mostly in Bitcoin, then altcoins follows. I will say the possibility of Bitcoin reaching $150 - $180 can be obtainable on or before the year 2025 ends, if and only if the speech from the inauguration ceremony appears to favour crypto currency. The inauguration will be the first thing that will determine the market for this 2025, either it will be a bear, consolidation or bull.
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We have to be more careful form the way of the market behavior and pattern these day, most especially on bitcoin, because there have been both the sentiment on with that for the support level as well, whereby you discover the resistant altogether, it may be somehow difficult to determine which patter we are going for or where it is la ding at except we research to speculate thoroughly.
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We have to be more careful form the way of the market behavior and pattern these day, most especially on bitcoin, because there have been both the sentiment on with that for the support level as well, whereby you discover the resistant altogether, it may be somehow difficult to determine which patter we are going for or where it is la ding at except we research to speculate thoroughly.
News as we know can be a great factor that determines the price direction and movement. Though, using and following the market trend by candle/chart can also be helpful in protecting our portfolio as well.
On the current market situation, we can only try to manage the risk of losing everything, than letting the trend go bye. Crypto market from time has never had a very good looking view for investors or traders, but rather the trend at which the market goes is what everyone flow with.
I guess it's only in digital trading where everyone flows with the current and not against it. ;D
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We have to be more careful form the way of the market behavior and pattern these day, most especially on bitcoin, because there have been both the sentiment on with that for the support level as well, whereby you discover the resistant altogether, it may be somehow difficult to determine which patter we are going for or where it is la ding at except we research to speculate thoroughly.
It was never been predictable in the first place on which you would really be that needing up to consider those moments or times on which the price isnt really that getting in line with any sentiments around on which at the moment that you've been that going with those FA but ending up on having that opposite direction or outcome then its not really that shocking anymore. It will be that depending basing up on the actions that you will really be doing. The hardest part on doing such action is on how you will be that making up some position specially on a consolidating kind of market on which you cant be able to tell on where it will be that going. Therefore, it will incur up some loses and thats relly normal.
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Seeing the crypto market is highly volatile and the speculations goes out of control when big bodies or investors comes/speaks about something good related to crypto, we see good price movement, mostly in Bitcoin, then altcoins follows. I will say the possibility of Bitcoin reaching $150 - $180 can be obtainable on or before the year 2025 ends, if and only if the speech from the inauguration ceremony appears to favour crypto currency. The inauguration will be the first thing that will determine the market for this 2025, either it will be a bear, consolidation or bull.
Nice to see many prediction of Bitcoin to cross $150k. However, we don't forget that Bitcoin may be in the high price already. It hits a new ATH several times, I am sure it may be nearing the peak price now. The inauguration of Trump and the news of big players that buy again Bitcoin, can be good signs. But we don't forget that it is not only the sign of possible price increase. There are many other factors that can influence the price growth of Bitcoin.
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According to the past cycles, we still have a very long time of bull market before reaching the peak. Some say the price should be on an uptrend till 2026 but I personally doubt that. I expect to see the peak before June this year.
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According to the past cycles, we still have a very long time of bull market before reaching the peak. Some say the price should be on an uptrend till 2026 but I personally doubt that. I expect to see the peak before June this year.
In my opinion, looking at the current scenario, I think this cycle could be guided by good news regarding Trump's administration, incentives or not for crypto regulation in the United States, general data on the American economy, ETFs and the possible reserves of countries
As long as these narratives remain bullish, the market remains very optimistic, and it's totally possible to have a peak in June for example
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According to the past cycles, we still have a very long time of bull market before reaching the peak. Some say the price should be on an uptrend till 2026 but I personally doubt that. I expect to see the peak before June this year.
In my opinion, looking at the current scenario, I think this cycle could be guided by good news regarding Trump's administration, incentives or not for crypto regulation in the United States, general data on the American economy, ETFs and the possible reserves of countries
As long as these narratives remain bullish, the market remains very optimistic, and it's totally possible to have a peak in June for example
Nah, im not really buying too much about these kind of sentiments on which considering these things will really be making up some sudden u-turns on which everyone be leaving behind or totally these kind of unexpected moments on which they might look bullish at first but ending up on having those changes just because there's something behind into their ideals on which where they do know that they could benefit out. Somehow when it comes on trying out to make some advantage when it comes to sentiments then there's no doubt that it is indeed bullish but just like on the traditional ways and methods then im not really that confident that much when it comes into this aspect on which i do always have those feels that there's something behind with this.
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The bear market has not yet started, this is just a price correction based on my speculation we are still going to experience some bullish momentum to above $110k further before the price will go bearish and could go down to $80k. If the bearish movement start fully, we could even see Bitcoin come down to $75k and that's not going to be this year.
when entering the first week of 2025 there are no signs of a significant increase like the previous month at the end of 2024, I think bitcoin is still in a correction period not deep because there is still an increase in the middle of the week, the Christmas and New Year holidays are over soon the market will move up again before the bullrun ends be optimistic take the profit that is thought to be right in the calculations and targets
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And suddenly, in a very short time, many are pessimistic again hahaha, how quickly that changes
How many lettuce hands
The US DOJ has been authorized to sell BTC: https://cryptobriefing.com/doj-silk-road-bitcoin-sale/
And it's just over 6 billion dollars, it could generate a bearish movement similar to when Germany sold BTC
Many saying that BTC will fall :D :D :D
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We have to be more careful form the way of the market behavior and pattern these day, most especially on bitcoin, because there have been both the sentiment on with that for the support level as well, whereby you discover the resistant altogether, it may be somehow difficult to determine which patter we are going for or where it is la ding at except we research to speculate thoroughly.
Yes we have to more careful about Bitcoi Price. Because any time we can see big dump.we know after every big pump big dump happen. So we have to more careful about it. But i strongly believe within short time market will pump. And gradually Bitcoin price will go avabe $100k Again. And i think within this year Bitcoin price will hit minimum! $150k.
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We have an interesting situation where Fear and Greed is approaching the Fear zone:
(https://www.talkimg.com/images/2025/01/10/OhOqW.png)
I think that's pretty unusual to see in a market where the trend is still bullish.
On one hand, it could be seen as a positive side, as this means that there's a lot of room for growth, i.e. when investors calm down and their mood changes. On the other hand, it shows the market is very fragile and skittish.
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We have an interesting situation where Fear and Greed is approaching the Fear zone:
(https://www.talkimg.com/images/2025/01/10/OhOqW.png)
I think that's pretty unusual to see in a market where the trend is still bullish.
On one hand, it could be seen as a positive side, as this means that there's a lot of room for growth, i.e. when investors calm down and their mood changes. On the other hand, it shows the market is very fragile and skittish.
That will change in the 20th I believe.
It's either Bitcoin will pump in price, and many will be greedy, or it will dump, and that index will continue to be on the fear side.
I've said in the past that I don't want the price of Bitcoin to pump just because of a single person, but with what happened last November, it seems like it's the case already. Why I said 20th? Aside from the inauguration, I believe that Trump saying Bitcoin as a "strategic reserve" of the US might have an impact towards the price. If he says something, that might be a bullish sentiment for some hence, price will increase and vice-versa.
That "fear" is only for the short term I believe, and it might change a few days from now.
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We have an interesting situation where Fear and Greed is approaching the Fear zone:
(https://www.talkimg.com/images/2025/01/10/OhOqW.png)
I think that's pretty unusual to see in a market where the trend is still bullish.
On one hand, it could be seen as a positive side, as this means that there's a lot of room for growth, i.e. when investors calm down and their mood changes. On the other hand, it shows the market is very fragile and skittish.
We are currently in the bullish market but this doesn't mean the price won't go down. There are always a retracement or a correction whatever sentiment in the market we are in now. Sometimes, we just didn't see it because we are looking at the higher time frame but if zoomed in to the lower time frame, we clearly see that there's a retracement. I don't know if it's just me who noticed that when Fear and Greed Index is below 50 it indicates that the sellers are in-control and if it's above 50, buyer's are in-control. If we go back to the previous halving, probably there's also a time that the Fear and Greed Index went below 50 because of the deep retracement. So for me, what's happening in the market right now is not new.
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And suddenly, in a very short time, many are pessimistic again hahaha, how quickly that changes
How many lettuce hands
It is people's nature, they are always afraid with Bitcoin future although we have some factors that probably trigger the price to increase again in a short time. Whenever they saw a correction, they never calm because they too often saw their portfolio. :D Sometimes we need to forget our portfolio to make us easy to be patient.
The US DOJ has been authorized to sell BTC: https://cryptobriefing.com/doj-silk-road-bitcoin-sale/
And it's just over 6 billion dollars, it could generate a bearish movement similar to when Germany sold BTC
It is just a temporary bearish. Even, we were experiencing the same condition when the Germany sold their Bitcoin several months ago. I don't think it will be something to make us very afraid.
Many saying that BTC will fall :D :D :D
How do you define BTC falls? Do you mean its price to decline? Or Bitcoin will have no future?
Those people who say that, I'm very sure that they are weak holders. And most of them are probably not professional investors.
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How do you define BTC falls? Do you mean its price to decline? Or Bitcoin will have no future?
Those people who say that, I'm very sure that they are weak holders. And most of them are probably not professional investors.
I'm only referring to the price of Bitcoin itself, and not its usefulness or future in general
I believe that Bitcoin is stronger than ever and more and more people believe that it will be the best way to preserve the value of their assets
In a week's time we'll know whether Trump's inauguration will have any direct influence on the price or not.
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How do you define BTC falls? Do you mean its price to decline? Or Bitcoin will have no future?
Those people who say that, I'm very sure that they are weak holders. And most of them are probably not professional investors.
I'm only referring to the price of Bitcoin itself, and not its usefulness or future in general
I believe that Bitcoin is stronger than ever and more and more people believe that it will be the best way to preserve the value of their assets
In a week's time we'll know whether Trump's inauguration will have any direct influence on the price or not.
All these corrections and side way movements that we are seeing is a norm and I strongly believe that bitcoin price will pump by February or immediately after the inauguration of Trump because that will give enough people the confidence to invest in bitcoin. I believe he is supposed to talk about bitcoin on that day.
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How do you define BTC falls? Do you mean its price to decline? Or Bitcoin will have no future?
Those people who say that, I'm very sure that they are weak holders. And most of them are probably not professional investors.
I'm only referring to the price of Bitcoin itself, and not its usefulness or future in general
I believe that Bitcoin is stronger than ever and more and more people believe that it will be the best way to preserve the value of their assets
In a week's time we'll know whether Trump's inauguration will have any direct influence on the price or not.
All these corrections and side way movements that we are seeing is a norm and I strongly believe that bitcoin price will pump by February or immediately after the inauguration of Trump because that will give enough people the confidence to invest in bitcoin. I believe he is supposed to talk about bitcoin on that day.
Just go with the flow and this is really that my mentality because whenever i do tend to connect out some sentiment or news because we do know that not all news will really be having that kind of reaction towards the market condition. We do know that not all news will really be having that effect. For market movement then it will really be that giving out that kind of disappointment at the moment or time that it didnt hit up your expectations. Therefore, make yourself that wary about into on how this market works or move. Correction is normal because we cant call it a market if it would really be that having only a one movement of price. So it will really be that just depending on how you would be making out such actions.
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How do you define BTC falls? Do you mean its price to decline? Or Bitcoin will have no future?
Those people who say that, I'm very sure that they are weak holders. And most of them are probably not professional investors.
I'm only referring to the price of Bitcoin itself, and not its usefulness or future in general
I believe that Bitcoin is stronger than ever and more and more people believe that it will be the best way to preserve the value of their assets
In a week's time we'll know whether Trump's inauguration will have any direct influence on the price or not.
Yes, I think that bitcoin price is increase gradually in cryptocurrency market. I also believe that gradually bitcoin price will be increase, because we know that US president Donald trump also support bitcoin. So we know that if bitcoin price will increase then others crypto currency price must be increase, because it's the nature of crypto currency market. But we also saw that bitcoin price is slightly down in crypto currency market, but I believe it within a short time this problem will be solved rapidly. So I think that it will be very prefer time for invest in bitcoin.
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All these corrections and side way movements that we are seeing is a norm and I strongly believe that bitcoin price will pump by February or immediately after the inauguration of Trump because that will give enough people the confidence to invest in bitcoin. I believe he is supposed to talk about bitcoin on that day.
Why there will be a pump in February? What is the reason? If we expect the pump in January 20, it makes sense because of Trump's inauguration. But it seems very difficult for Bitcoin price to skyrocket this time. I see the Bitcoin price only increased to $106k recently. It even still can't reach its ATH around $108k. Honestly, I'm starting doubtful that Trump effect won't bring a big trigger for the pump of Bitcoin price. Do you still believe in Trump's factor?
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Why there will be a pump in February? What is the reason? If we expect the pump in January 20, it makes sense because of Trump's inauguration. But it seems very difficult for Bitcoin price to skyrocket this time. I see the Bitcoin price only increased to $106k recently. It even still can't reach its ATH around $108k. Honestly, I'm starting doubtful that Trump effect won't bring a big trigger for the pump of Bitcoin price. Do you still believe in Trump's factor?
Not entirely believing in the Trump effect, it was only partial and it was the right moment when the Bitcoin cycle works in 2025.
But you should not be too pessimistic about the development of the price of Bitcoin, it will only go up in the end and some correction is certainly necessary for a healthy market.
After passing Trump's inauguration and not too significant, but making a new ATH it is also enough.
Now just keep it going and Bitcoin is very bullish this year, if you still hold it now just hold on longer and see what happens later.
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Why there will be a pump in February? What is the reason? If we expect the pump in January 20, it makes sense because of Trump's inauguration. But it seems very difficult for Bitcoin price to skyrocket this time. I see the Bitcoin price only increased to $106k recently. It even still can't reach its ATH around $108k. Honestly, I'm starting doubtful that Trump effect won't bring a big trigger for the pump of Bitcoin price. Do you still believe in Trump's factor?
Not entirely believing in the Trump effect, it was only partial and it was the right moment when the Bitcoin cycle works in 2025.
But you should not be too pessimistic about the development of the price of Bitcoin, it will only go up in the end and some correction is certainly necessary for a healthy market.
After passing Trump's inauguration and not too significant, but making a new ATH it is also enough.
Now just keep it going and Bitcoin is very bullish this year, if you still hold it now just hold on longer and see what happens later.
Donald Trump already joined but there has no big empact on cryptocurrency market. I think within short time market will up If any chance market were go down then it will very bad for investors.
I think if from this position market will go down then it go huge down even if Bitcoin price were go down and come $50k again that will not big surprise for us.
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Not entirely believing in the Trump effect, it was only partial and it was the right moment when the Bitcoin cycle works in 2025.
But you should not be too pessimistic about the development of the price of Bitcoin, it will only go up in the end and some correction is certainly necessary for a healthy market.
After passing Trump's inauguration and not too significant, but making a new ATH it is also enough.
Now just keep it going and Bitcoin is very bullish this year, if you still hold it now just hold on longer and see what happens later.
You're right. We don't fully trust on Trump factor. It is just one of the factors of Bitcoin price. Few days ago, I want to believe in Trump factor but it never showed a significant impact. Bitcoin only could raise to $109k, I personally assume it is not quite big impact. Even there is no Trump factor, I guess Bitcoin should hit $109k.
Yes, Trump's inauguration has been passed already. There is no big change in crypto market. Now, people are waiting for the big news on US policy related to crypto. I think this won't bring something big into crypto space.
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With the way of the market performance these days, i don't think we are aiming for dip for now, its more better that those trading and investing should be more careful, though we may have more market pumps and all time high as the case may be from our expectations, even though we cant be too sure as well in this, but we may be more closer to the actual market expectation before the moth ends.
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With the way of the market performance these days, i don't think we are aiming for dip for now, its more better that those trading and investing should be more careful, though we may have more market pumps and all time high as the case may be from our expectations, even though we cant be too sure as well in this, but we may be more closer to the actual market expectation before the moth ends.
Agree. It is unlikely that we are heading the dip. But it is always possible for the correction. However, it is something usual in the crypto market, we don't need to feel so worried. Having the dip or correction will also bring advantage for us, we can buy with smaller prices. We are still in the bullrun season, so we must be confident that there will be the next raise or pump on crypto prices.
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How do you define BTC falls? Do you mean its price to decline? Or Bitcoin will have no future?
Those people who say that, I'm very sure that they are weak holders. And most of them are probably not professional investors.
I'm only referring to the price of Bitcoin itself, and not its usefulness or future in general
I believe that Bitcoin is stronger than ever and more and more people believe that it will be the best way to preserve the value of their assets
In a week's time we'll know whether Trump's inauguration will have any direct influence on the price or not.
All these corrections and side way movements that we are seeing is a norm and I strongly believe that bitcoin price will pump by February or immediately after the inauguration of Trump because that will give enough people the confidence to invest in bitcoin. I believe he is supposed to talk about bitcoin on that day.
Whether Trump talks about Bitcoin or not on his inauguration day, what I do know is that Bitcoin would soar. Bitcoin's future is not placed on anyone to seek its growth and adoption. It does that on its own, and we all marvel at it, at the level, it proves everyone wrong to be unpredictable assets that its future can't be defined or hold on anybody.
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Donald Trump already joined but there has no big empact on cryptocurrency market. I think within short time market will up If any chance market were go down then it will very bad for investors.
I think if from this position market will go down then it go huge down even if Bitcoin price were go down and come $50k again that will not big surprise for us.
WTF... when the presidential election was going on, where were you??? That was the effect of Donald Trump winning the election, where the BTC price moved from $68k to $100k is a very real thing that happened... we saw that...
The surprise effect of the pro-cryptocurrency presidential election will not always create a sustainable bullish moment... Bitcoin has been around for a long time, which means it is difficult to get a quick pump dump moment by relying on news from Trump alone...
If we look at it now, the Bitcoin price has not dropped below $90k since Trump emerged as a US presidential candidate during the election... that means we are at the top, my friend.
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With the way of the market performance these days, i don't think we are aiming for dip for now, its more better that those trading and investing should be more careful, though we may have more market pumps and all time high as the case may be from our expectations, even though we cant be too sure as well in this, but we may be more closer to the actual market expectation before the moth ends.
Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Agree. It is unlikely that we are heading the dip. But it is always possible for the correction. However, it is something usual in the crypto market, we don't need to feel so worried. Having the dip or correction will also bring advantage for us, we can buy with smaller prices. We are still in the bullrun season, so we must be confident that there will be the next raise or pump on crypto prices.
It's hard to say we are going to be seeing a deep soon, the market is only facing a consolidation phase, and probably a positive breakout will give us a new ride, while a negative breakout will be a room for new entry for buyers and new investors (who knows the system of Bitcoin price movement) to jump in.
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Donald Trump already joined but there has no big empact on cryptocurrency market. I think within short time market will up If any chance market were go down then it will very bad for investors.
I think if from this position market will go down then it go huge down even if Bitcoin price were go down and come $50k again that will not big surprise for us.
Like for real man? $50k, moving all the way from $100k+ to $50k. If this happens, then the crypto market will face a very long time situation of recovering from such dip.
Trump effect made the very impact we are currently experiencing in the crypto ecosystem, the popularity, interest and desire for country's adoption has made Bitcoin and the crypto industry more visible than ever. Still on high expectations, (though making room for any price correction that might occur) that the price will soar even more than that which we have seen, though it might go a little slow, just as the way is currently is going.
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Donald Trump already joined but there has no big empact on cryptocurrency market. I think within short time market will up If any chance market were go down then it will very bad for investors.
I think if from this position market will go down then it go huge down even if Bitcoin price were go down and come $50k again that will not big surprise for us.
Like for real man? $50k, moving all the way from $100k+ to $50k. If this happens, then the crypto market will face a very long time situation of recovering from such dip.
Trump effect made the very impact we are currently experiencing in the crypto ecosystem, the popularity, interest and desire for country's adoption has made Bitcoin and the crypto industry more visible than ever. Still on high expectations, (though making room for any price correction that might occur) that the price will soar even more than that which we have seen, though it might go a little slow, just as the way is currently is going.
@kulkhan did you really know what you are saying?
I wouldn't be surprised if you says that but I must say, Donald has played his part towards the market and he has used Bitcoin to get himself into power which almost the young people and those who are Bitcoin lover gave him support making him to emerge as winner against his opposition party. So telling me or saying that he had no effect shows very ungrateful to say. It was through his political speech bitcon broke an ATH we never expected before and even though after inauguration we didn't see any effects we should take that as political strategies to get himself into office back since he sees that Bitcoin is world and it's the global trending which Biden didn't used for his campaign, instead was against Bitcoin.
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Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
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Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
If you are really that good when it comes to FA and really that good on driving with the hype then you can be able to utilize it but of course there's always that tendency to lose up money if you do let yourself that getting left behind with the hype and this is something that you should be putting up into your mind because we do know that once you do put up yourself on that FOMO thing then it will really be that a huge problem but once you do able to get in so early then it will really be that good but if you do saw that you are on already that being behind or the price had already pumped then dont tend to chase up such thing.
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Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
I sold some of my Bitcoin when the hype was at $109k, but after the inauguration happened or when the inauguration took place, Trump did not mention Bitcoin, which did make Bitcoin maxi or crypto market users disappointed because there was no new statement about Bitcoin and the crypto market.
The price became unstable and tended to fall, and a correction that even reached the $90k price area.
But this is a good opportunity to start buying back before Trump speaks out again about Bitcoin.
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Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
A politician will always look for a good or the very best means to use in achieving his target. He had a great effect during the election period and before the inauguration, it was not as bubbling as we expected after the inauguration day.
All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.
The current price of Bitcoin is struggling, though will get it's ground along the line at least before the first 100 days of services.
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I sold some of my Bitcoin when the hype was at $109k, but after the inauguration happened or when the inauguration took place, Trump did not mention Bitcoin, which did make Bitcoin maxi or crypto market users disappointed because there was no new statement about Bitcoin and the crypto market.
The price became unstable and tended to fall, and a correction that even reached the $90k price area.
But this is a good opportunity to start buying back before Trump speaks out again about Bitcoin.
Yes, before the inauguration the price also started to rise and what you did seemed to be quite accurate in your prediction. Today the market is still in a wait and see discourse and waiting for good news. If there is, I am sure the price will be boosted even though it is relaxed.
For the opportunity to buy BTC even though it is above $102k at this time, in my personal opinion, it is not a problem because the growth rate is still quite long.
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Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.
He has just taken over the reins so it will take some time to see the effects. I am not worried about the current market conditions. The market is not only bullish. Sometimes it dumps and sometimes pumps. Recently, I think that even if the price of Bitcoin decreases slightly, it will be within the limits. In the last 7 days, the price of Bitcoin has decreased by about 3.7%, which is very small. Even if the current price decreases further, there is no chance of saying that it will have a major negative effect.
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Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.
He has just taken over the reins so it will take some time to see the effects. I am not worried about the current market conditions. The market is not only bullish. Sometimes it dumps and sometimes pumps. Recently, I think that even if the price of Bitcoin decreases slightly, it will be within the limits. In the last 7 days, the price of Bitcoin has decreased by about 3.7%, which is very small. Even if the current price decreases further, there is no chance of saying that it will have a major negative effect.
Yeah, I don't think we have to worry that much about what happens in the market. We are still in the bullish market, and to see downward price action is part of it. We can't see a price action to any trading pair that has no retracement. It is normal to see a fluctuation because the price depends on supply and demand. The price would go further to the bottom side but it's healthy price action. So we don't have to panic if that happens, and it's a great time to buy more.
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So the downward death spiral has started!!
or not and the moon shot comes very very very soon.
frankly just stack and stack and stack
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It is normal to see a fluctuation because the price depends on supply and demand. The price would go further to the bottom side but it's healthy price action.
Healthy price...lol!
In what bubble do you people live?
The whole world is bracing for tariffs, slowdown economics, destroyed trade and thousands of job losses and you think this is a "healthy" action.
Every time I read something here I have the feeling some crypto lovers live in a different dimension or something
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It is normal to see a fluctuation because the price depends on supply and demand. The price would go further to the bottom side but it's healthy price action.
Healthy price...lol!
In what bubble do you people live?
The whole world is bracing for tariffs, slowdown economics, destroyed trade and thousands of job losses and you think this is a "healthy" action.
Every time I read something here I have the feeling some crypto lovers live in a different dimension or something
What I'm talking about is the price action not the "price", meaning the market structure. I can say that the market structure is still bullish because for me the invalidation is below $70k. If they went below that, then it's a confirmation that the market is turn to bearish. Now, just because we are bullish doesn't mean we can't see any bearish momentum like this. I know it's hard to see the market with a red price, but it's obviously a retracement. Instead of being mad with the current market, try to look at it in a positive way.
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I know it's hard to see the market with a red price, but it's obviously a retracement. Instead of being mad with the current market, try to look at it in a positive way.
So you're saying I should toss aside every ounce of reason and think that just because some randomly drawn line on a chart says a thing that is real, and continue living in Lalaland while every single economist out there is telling us to brace ourselves for a recession.
Man, the copium and denial in this community are astonishing.
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I know it's hard to see the market with a red price, but it's obviously a retracement. Instead of being mad with the current market, try to look at it in a positive way.
So you're saying I should toss aside every ounce of reason and think that just because some randomly drawn line on a chart says a thing that is real, and continue living in Lalaland while every single economist out there is telling us to brace ourselves for a recession.
Man, the copium and denial in this community are astonishing.
As what I have observed in the market, whenever I see a good zone in the market but it's too far from the price, there is a news that showed up to make that happen. This usually what I have observed in the market since years of looking at the chart. Maybe the news is a real thing or not, it really affects the price and big players use it to decide when the market is consolidating. We are back to $100k now, so I think everyone is happy. :)
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Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.
Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone
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I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.
Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone
I think it is normal if people expect much on Trump's speech in the day of his inauguration. It is because Trump made some big promises for crypto and Bitcoin industry. As Trump the president of US, he has a big power to influence the Bitcoin price. But it only can happen if Trump make any good statement for Bitcoin and crypto. Unfortunately, he said nothing about crypto or Bitcoin. However, it is true that Bitcoin doesn't depend on Trump.
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I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.
Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone
Many think that if Trump speaking about Bitcoin is bullish for most of the investors. What I see is that Trump is the biggest manipulator currently. It's indirect, but when he won the election last November, the market pumped really hard, but when he said that he will impose tariffs on Canada and Mexico, the market dumped really hard. The price movement of Bitcoin right now is tied with how Trump moves.
Well, there will be a time where there will be no effect towards the market anymore if Trump speaks about it especially with Bitcoin. That might take a long time though since he promised many things that's Bitcoin-related during his campaign. Whatever the case is, let's expect some pumps and dumps in his first months as the US president.
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I think it is normal if people expect much on Trump's speech in the day of his inauguration. It is because Trump made some big promises for crypto and Bitcoin industry. As Trump the president of US, he has a big power to influence the Bitcoin price. But it only can happen if Trump make any good statement for Bitcoin and crypto. Unfortunately, he said nothing about crypto or Bitcoin. However, it is true that Bitcoin doesn't depend on Trump.
The whole world was watching him make promises and now they all want to see if he was just blabbing or he want to make it possible for everyone to see crypto will rein in his regime but you know politics will play with people, he might have some pure intentions to make it happen but we know presidency isn't a one man thing to accomplish, it will take time.
I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.
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I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.
Yes, Bitcoin will continue to grow under any circumstances, even though with the current situation being quite complicated, Bitcoin remains a decentralized digital asset that is able to change the way of looking at actual payments.
Those who initially made the influence of the Bitcoin pad would eventually not have any power and would be considered an ordinary event.
Like Trump's influence in the last few weeks but then nothing happened after he was inaugurated.
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I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.
Yes, Bitcoin will continue to grow under any circumstances, even though with the current situation being quite complicated, Bitcoin remains a decentralized digital asset that is able to change the way of looking at actual payments.
Those who initially made the influence of the Bitcoin pad would eventually not have any power and would be considered an ordinary event.
Like Trump's influence in the last few weeks but then nothing happened after he was inaugurated.
We do know that fundamentals doesnt really last long specially into the events that do only come and simply go on which you can be able to apply the overall impression whether its positive or negative but it would really be that still making out some effects but at the time or moment that the hype will be gone then expect that everything would really be that turning out to be normal. This is why you should really be that wise on how you would gonna go with the flow and would really be that taking advantage into this aspect.This is why its really better that you do know on what you are really that indeed doing.
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We do know that fundamentals doesnt really last long specially into the events that do only come and simply go on which you can be able to apply the overall impression whether its positive or negative but it would really be that still making out some effects but at the time or moment that the hype will be gone then expect that everything would really be that turning out to be normal. This is why you should really be that wise on how you would gonna go with the flow and would really be that taking advantage into this aspect.This is why its really better that you do know on what you are really that indeed doing.
It is more exciting if we talk about Fundamentals and the many factors that make Fundamentals constantly change, and the trend will always follow what Fundamentals are strong.
Fundamentals will also not be perfect without conducting technical analysis because between TA and FA will be continuous, this will be in sync so that a prediction will be created that will be used as a guideline to see how the market moves.
The fundamentals created by the people who are indifferent will only have an effect at the beginning and then will become completely normal, such as in the case of Elon Musk which initially had a great influence on DOGE, but currently Elon Musk alone will not be enough to raise DOGE to ATH again.
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Yes, Bitcoin will continue to grow under any circumstances, even though with the current situation being quite complicated, Bitcoin remains a decentralized digital asset that is able to change the way of looking at actual payments.
No doubt, Bitcoin will keep growing although there are many obstacles. Now, there are many supports for Bitcoin, it even becomes an important assets for few countries and big companies in the world. This just triggers Bitcoin to grow faster, it is a chance for a more massive adoption on Bitcoin.
Those who initially made the influence of the Bitcoin pad would eventually not have any power and would be considered an ordinary event. Like Trump's influence in the last few weeks but then nothing happened after he was inaugurated.
Yep, people assume Trump will bring big influence on Bitcoin price. Unfortunately, it didn't happen, we saw no effect on Bitcoin price. Even after he is officially a US president, there is nothing happening with Bitcoin price movement. So, Bitcoin will grow on its own way without any influence from certain parties.
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Yep, people assume Trump will bring big influence on Bitcoin price. Unfortunately, it didn't happen, we saw no effect on Bitcoin price. Even after he is officially a US president, there is nothing happening with Bitcoin price movement. So, Bitcoin will grow on its own way without any influence from certain parties.
Well, he did make a move in the direction of creating the promised Bitcoin reserve, he issued the executive order to create a digital assets working group that will evaluate the creation of a "digital assets stockpile". The market didn't react to that at all, probably because it did not explicitly mention Bitcoin and the wording includes "(...) potentially derived from cryptocurrencies lawfully seized by the Federal Government", which may not be in line with hopes of Trump spending billions of tax payers' money to prop up BTC price.
Link for those interested:
https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/
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The whole world was watching him make promises and now they all want to see if he was just blabbing or he want to make it possible for everyone to see crypto will rein in his regime but you know politics will play with people, he might have some pure intentions to make it happen but we know presidency isn't a one man thing to accomplish, it will take time.
A part of the world that actually knew this guy was president 4 years ago and had a ton of promises that he didn't deliver at all clearly expected this, moreover lots knew his other economic plans were not at all a good thing for bitcoin but for those that don't consider macroeconomics it looked like gibberish and they were all on board on stupid promises. And all we got right now is an economic war that spooked the markets and a scam meme coin.
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Well, he did make a move in the direction of creating the promised Bitcoin reserve, he issued the executive order to create a digital assets working group that will evaluate the creation of a "digital assets stockpile". The market didn't react to that at all, probably because it did not explicitly mention Bitcoin and the wording includes "(...) potentially derived from cryptocurrencies lawfully seized by the Federal Government", which may not be in line with hopes of Trump spending billions of tax payers' money to prop up BTC price.
Have the group done something? I mean if the group still don't buy any Bitcoin, it makes sense if there is no impact on crypto market. It will bring impact if US government starts to buy Bitcoin on the market and they keep it for their Bitcoin reserve. I suspect the US government only use the confiscated Bitcoin for their Bitcoin reserve. If this is true, it is not surprising that there will be no impact at all on the market. :D
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Have the group done something? I mean if the group still don't buy any Bitcoin, it makes sense if there is no impact on crypto market. It will bring impact if US government starts to buy Bitcoin on the market and they keep it for their Bitcoin reserve. I suspect the US government only use the confiscated Bitcoin for their Bitcoin reserve. If this is true, it is not surprising that there will be no impact at all on the market. :D
That working group was established like only 2 weeks ago, so we should give them more time before they issue any recommendations etc, as that's probably their main role. They won't be buying anything themselves, they were created just to make assessments and voice their opinion.
And, often times, positive/negative news has a much bigger impact on the market than the actual buying/selling.
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No doubt, Bitcoin will keep growing although there are many obstacles. Now, there are many supports for Bitcoin, it even becomes an important assets for few countries and big companies in the world. This just triggers Bitcoin to grow faster, it is a chance for a more massive adoption on Bitcoin.
It only takes time for Bitcoin, as happened before when Bitcoin was completely undervalued and then Bitcoin broke through that barrier and to date reached an ATH above $100k++ which even this price I hadn't thought about a few years ago.
This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.
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It only takes time for Bitcoin, as happened before when Bitcoin was completely undervalued and then Bitcoin broke through that barrier and to date reached an ATH above $100k++ which even this price I hadn't thought about a few years ago.
This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.
It is true that Bitcoin is not a physical asset but in the future it becomes interesting for speculators and normally seen from the habits of Holders tend to actively follow and see price movements during a crash as an opportunity to get more coins at a cheap price. I think it all depends on the capital we have first and hopefully, when we buy back Bitcoin it is always when the price drops.
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It only takes time for Bitcoin, as happened before when Bitcoin was completely undervalued and then Bitcoin broke through that barrier and to date reached an ATH above $100k++ which even this price I hadn't thought about a few years ago.
This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.
It is true that Bitcoin is not a physical asset but in the future it becomes interesting for speculators and normally seen from the habits of Holders tend to actively follow and see price movements during a crash as an opportunity to get more coins at a cheap price. I think it all depends on the capital we have first and hopefully, when we buy back Bitcoin it is always when the price drops.
Only noobs would be seeing out that crashes and corrections are bad things, but for those who had been on this market for a while or long years then these are the moment on which this will be the best for them to accumulate more. If you do have that kind of mindset at the time that you do make out trades then you are really that prone into such bad decisions specially on making up some panic selling on which this will really be that the usual case that will happen into a certain individual on this aspect but later on they will really be having such regret. Corrections or retracements are normal because market cant really be just that having that one direction.
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I think it is normal if people expect much on Trump's speech in the day of his inauguration. It is because Trump made some big promises for crypto and Bitcoin industry. As Trump the president of US, he has a big power to influence the Bitcoin price. But it only can happen if Trump make any good statement for Bitcoin and crypto. Unfortunately, he said nothing about crypto or Bitcoin. However, it is true that Bitcoin doesn't depend on Trump.
The whole world was watching him make promises and now they all want to see if he was just blabbing or he want to make it possible for everyone to see crypto will rein in his regime but you know politics will play with people, he might have some pure intentions to make it happen but we know presidency isn't a one man thing to accomplish, it will take time.
I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.
The price of Bitcoin will definitely increase, no government or anyone else can pull it down. Although it may have some impact for a while, it will be bullish in the long run. it is certain that if the newly elected President of the United States implements his promises about Bitcoin, then the Bitcoin price can reach other levels very quickly. Bitcoin will not run depending on the words of a political leader. It is better to run at its own pace. Moreover, we are not yet seeing the implementation of those words as promised by Trump. He has just come to power, of course, it needs some time. Hopefully, he will soon move forward with his plan about Bitcoin.
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The price of Bitcoin will definitely increase, no government or anyone else can pull it down. Although it may have some impact for a while, it will be bullish in the long run. it is certain that if the newly elected President of the United States implements his promises about Bitcoin, then the Bitcoin price can reach other levels very quickly. Bitcoin will not run depending on the words of a political leader. It is better to run at its own pace. Moreover, we are not yet seeing the implementation of those words as promised by Trump. He has just come to power, of course, it needs some time. Hopefully, he will soon move forward with his plan about Bitcoin.
No doubt, just let it run according to its flow and current conditions. No need to worry. In every post I always believe that Bitcoin will rise again and reach its new ATH and the biggest one at its bullish peak. then with altcoin season too. Just need to be patient again and ignore all the FUD that exists. Stay alert is necessary, not panic. and now, the market seems to be quite sideways below $ 100k, no problem, just take advantage of it for traders to reap short-term profits. and take advantage of it for investors who do DCA or other strategies to increase their BTC accumulation, and just let it be in the wallet for hodlers.
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I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.
Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone
Many think that if Trump speaking about Bitcoin is bullish for most of the investors. What I see is that Trump is the biggest manipulator currently. It's indirect, but when he won the election last November, the market pumped really hard, but when he said that he will impose tariffs on Canada and Mexico, the market dumped really hard. The price movement of Bitcoin right now is tied with how Trump moves.
Well, there will be a time where there will be no effect towards the market anymore if Trump speaks about it especially with Bitcoin. That might take a long time though since he promised many things that's Bitcoin-related during his campaign. Whatever the case is, let's expect some pumps and dumps in his first months as the US president.
Definitely, there'll come a time where the market movements won't be based on his moves, for now most investors are anticipating to know how well he'll carry bitcoin in his administration and the president. But I believe once all this have settled, there won't be much price manipulation due to his speech, because Trump is not against bitcoin he even welcomes the innovative technology. I believe bitcoin will soar higher in his administration probably to 150k, and so now is not bad to keep staking more sats so you don't end up regreting missing this deep right now.
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I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.
Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone
Many think that if Trump speaking about Bitcoin is bullish for most of the investors. What I see is that Trump is the biggest manipulator currently. It's indirect, but when he won the election last November, the market pumped really hard, but when he said that he will impose tariffs on Canada and Mexico, the market dumped really hard. The price movement of Bitcoin right now is tied with how Trump moves.
Well, there will be a time where there will be no effect towards the market anymore if Trump speaks about it especially with Bitcoin. That might take a long time though since he promised many things that's Bitcoin-related during his campaign. Whatever the case is, let's expect some pumps and dumps in his first months as the US president.
Definitely, there'll come a time where the market movements won't be based on his moves, for now most investors are anticipating to know how well he'll carry bitcoin in his administration and the president. But I believe once all this have settled, there won't be much price manipulation due to his speech, because Trump is not against bitcoin he even welcomes the innovative technology. I believe bitcoin will soar higher in his administration probably to 150k, and so now is not bad to keep staking more sats so you don't end up regreting missing this deep right now.
We still have to wait for his announcement about the Strategic Bitcoin reserves. Because if this happens, it's going to be huge for the market as we can see the price might go as high as $180k.
But it's too early for his administration to look into it. Or from what I read, there are already a working group looking if this is viable for the US but the decision might came in later. So now it's going to be a waiting game for us. Price right now is still good at $97k so there is nothing to worry about a huge correction.
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Another day of attempted recovery and the price getting pushed back down. Some say it's just a normal side-action, but that looks artificial to me. There's no reason why retail investors would be selling now, below $100k if they haven't sold when we were above that. And with virtually all news being positive, it would seem like we are ripe for another price rally, but each time the market starts showing any enthusiasm, someone dumps to keep the price low.
Patience is the key, but the drop in volume is a bit concerning, it dropped below $15 bn, and, on the good days, it was almost x10 of that.
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Another day of attempted recovery and the price getting pushed back down. Some say it's just a normal side-action, but that looks artificial to me. There's no reason why retail investors would be selling now, below $100k if they haven't sold when we were above that. And with virtually all news being positive, it would seem like we are ripe for another price rally, but each time the market starts showing any enthusiasm, someone dumps to keep the price low.
Patience is the key, but the drop in volume is a bit concerning, it dropped below $15 bn, and, on the good days, it was almost x10 of that.
Patience is still the key, but the crash that lasted so long, to be honest, sometimes makes our minds and conditions bad. Especially for those who do it for short-term investment and it creates a dilemma, between having to do SL or continue to keep holding. Although if it's in Bitcoin, it's actually not a problem when doing it for the long term. But if it's for altcoins, you really need to be careful and vigilant. And now, just wait for the market to improve as before and bring ATH back in the future, whenever it is, keep having faith. And once again, the key is one of them, you have to be much more patient.
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We still have to wait for his announcement about the Strategic Bitcoin reserves. Because if this happens, it's going to be huge for the market as we can see the price might go as high as $180k.
But it's too early for his administration to look into it. Or from what I read, there are already a working group looking if this is viable for the US but the decision might came in later. So now it's going to be a waiting game for us. Price right now is still good at $97k so there is nothing to worry about a huge correction.
Even if a correction takes place now the price of bitcoin will definitely rise up again in the long run. It has always been like this the dip or correction doesn’t last for long so there is nothing to be afraid of. And that is why it’s important to make long term investments rather than buying and trading in short term market prices. Trading on short term when market changes price to the sideways trend or dump market, that could lead to loses if you’re not patient enough to hold for long.
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We still have to wait for his announcement about the Strategic Bitcoin reserves. Because if this happens, it's going to be huge for the market as we can see the price might go as high as $180k.
But it's too early for his administration to look into it. Or from what I read, there are already a working group looking if this is viable for the US but the decision might came in later. So now it's going to be a waiting game for us. Price right now is still good at $97k so there is nothing to worry about a huge correction.
Even if a correction takes place now the price of bitcoin will definitely rise up again in the long run. It has always been like this the dip or correction doesn’t last for long so there is nothing to be afraid of. And that is why it’s important to make long term investments rather than buying and trading in short term market prices. Trading on short term when market changes price to the sideways trend or dump market, that could lead to loses if you’re not patient enough to hold for long.
A market will always be having a correction and this is something that you should be putting up into your mind at the moment that you do step your foot into this market. We cant really be just that having a single path or movement on which upwards on which we know that this isnt how market works. Correction and decrease in price is common or could inevitably happen and this is where traders investors will be trying out to scoop out with that dip and make up some profits at the time or moment that it will be making up some recovery. It do always having that common cycle and this is something that you should be realizing at first, so that you wont be finding yourself that getting shocked at the moment that the market will really be having its movement since you have already anticipated on this one.
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This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.
This is the kind of spirit that we need especially that Bitcoin is now in the vicinity of $80K which can send some shockwaves to someone who is new in this space and who may have recently acquired some BTC. As for me this is not anymore shocking as we are already so briefed with how Bitcoin can move up and down...in fact I am just sad because I am trapped. Still, I am looking forward for Bitcoin to soon be back on circulation and who knows there can be the silver lining with this downtrend...maybe making a big comeback and make a new historical ATH. Now, to answer the question of OP, the answer is that this is going to be a deep correction.
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in fact I am just sad because I am trapped. Still, I am looking forward for Bitcoin to soon be back on circulation and who knows there can be the silver lining with this downtrend...maybe making a big comeback and make a new historical ATH. Now, to answer the question of OP, the answer is that this is going to be a deep correction.
If you are indeed trapped then you have to overcome the trap, close the hole and pay attention even you are ready for everything that can happen.
Having current fiat reserves is essential for accumulating your coin holdings, allowing you to get cheaper prices and deeper drops.
Remember that CZ once said that it would reach $85k and become trending news and it is happening now, so don't be sad because stuck at a higher price than now, you need to recover it and when the ATH is reached again you will make more profits.
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And with virtually all news being positive, it would seem like we are ripe for another price rally, but each time the market starts showing any enthusiasm, someone dumps to keep the price low.
The world is on the brink of recession, inflation is growing again, you have a trade war between almost every country out there, and you think everything is positive? Salvador is paying 8% interest on its bonds, it had to borrow 1 billion from the IMF cause no bank would loan them anything and people still think Bukele is the master class economist.
The market is spooked because there is fear in everything from real estate to stock to commodities, and bitcoin is not immune to it, it's actually the first that gets hit, just like in 2020 and 2022.
https://www.cnbc.com/2025/02/25/february-consumer-confidence-comes-in-lighter-than-expected-in-latest-sign-of-slowing-economy.html
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in fact I am just sad because I am trapped. Still, I am looking forward for Bitcoin to soon be back on circulation and who knows there can be the silver lining with this downtrend...maybe making a big comeback and make a new historical ATH. Now, to answer the question of OP, the answer is that this is going to be a deep correction.
If you are indeed trapped then you have to overcome the trap, close the hole and pay attention even you are ready for everything that can happen.
Having current fiat reserves is essential for accumulating your coin holdings, allowing you to get cheaper prices and deeper drops.
Remember that CZ once said that it would reach $85k and become trending news and it is happening now, so don't be sad because stuck at a higher price than now, you need to recover it and when the ATH is reached again you will make more profits.
CZ giving that heads up is like he knows whats going to happen in few weeks. That was a good inside information but he didn't specify whether this dump is going to restart a bear movement for the rest if the year til the next halving.
Because if this bounce to hit another ATH $120k, all I can say is that he is playing Bitcoin holders. I'm already ready whichever the price goes. Going below $85k I think we are already in bear market.
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Even if a correction takes place now the price of bitcoin will definitely rise up again in the long run. It has always been like this the dip or correction doesn’t last for long so there is nothing to be afraid of. And that is why it’s important to make long term investments rather than buying and trading in short term market prices. Trading on short term when market changes price to the sideways trend or dump market, that could lead to loses if you’re not patient enough to hold for long.
Of course, it will rise again in the future. Just wait 4 years! But it means many people will get no profits in this cycle. Not everyone want to hold until the next 4 years. People want to take profits because they want to convert it to fiats. or they want to switch to another asset. Well, trading is good but not everyone wants to trade. Trading is quite complicated, it is not as easy as investment.
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I imagine there must be a lot of stop-loss orders set at $80k, so for anyone attempting to manipulate the price down, that would be a good target.
But, so far, despite the daily low being $82,612 we are holding on above $84k. The volume is also decent, around $54bn, but is on the downtrend, it was close to $90bn earlier today.
I don't expect to see any sharp movement until after the weekend, but who knows.
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I imagine there must be a lot of stop-loss orders set at $80k, so for anyone attempting to manipulate the price down, that would be a good target.
But, so far, despite the daily low being $82,612 we are holding on above $84k. The volume is also decent, around $54bn, but is on the downtrend, it was close to $90bn earlier today.
I don't expect to see any sharp movement until after the weekend, but who knows.
Basing up on how big the amount had been liquidated then there are lots of stop losses that being touched and its not the first time that this do happen in the market. This is why its really that best that you should be making yourself wary about into the probabilities of these kind of movement. Correction or crash or whatever it is called on which this is really that a normal thing that do happen into this market on which there would really be price movements on which we dont really anticipate for it to happen. We do have market crashes and always bare this up in mind and for those who are expecting that the market wont go down are only into those people who are really just that new into this market and isnt aware about these ups and downs on which this is considered as a normal day here on crypto space.
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CZ giving that heads up is like he knows whats going to happen in few weeks. That was a good inside information but he didn't specify whether this dump is going to restart a bear movement for the rest if the year til the next halving.
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CZ was just reading the cycle that could have happened, but this was entirely influenced by those who believed that CZ's words would come true and in the end now it even surpassed the price CZ said and even broke $79k.
Now it is just a matter of waiting to go up again, print the ATH again and leave the panic that ensued.
The cycle will continue and of course there will be more surprises that could happen this year.
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CZ was just reading the cycle that could have happened, but this was entirely influenced by those who believed that CZ's words would come true and in the end now it even surpassed the price CZ said and even broke $79k.
I think everyone doesn't want to believe that Bitcoin will drop below $80k. But in fact, CZ is right that Bitcoin is declining very badly. It dropped to $78k yesterday. Now, I don't have an idea that CZ said Bitcoin will be $1,001,000. Honestly, it is very surprised to know this because Bitcoin isn't in the green market now.
Now it is just a matter of waiting to go up again, print the ATH again and leave the panic that ensued.
The cycle will continue and of course there will be more surprises that could happen this year.
It may go up again, but the question: will Bitcoin cross $100k again? I believe bullrun season continues, but I'm not optimistic again that Bitcoin will have a new ATH.
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If you are indeed trapped then you have to overcome the trap, close the hole and pay attention even you are ready for everything that can happen.
Having current fiat reserves is essential for accumulating your coin holdings, allowing you to get cheaper prices and deeper drops.
Remember that CZ once said that it would reach $85k and become trending news and it is happening now, so don't be sad because stuck at a higher price than now, you need to recover it and when the ATH is reached again you will make more profits.
CZ giving that heads up is like he knows whats going to happen in few weeks. That was a good inside information but he didn't specify whether this dump is going to restart a bear movement for the rest if the year til the next halving.
Because if this bounce to hit another ATH $120k, all I can say is that he is playing Bitcoin holders. I'm already ready whichever the price goes. Going below $85k I think we are already in bear market.
Yes, the various information he spreads is usually very important and useful information for us, especially those involved in the crypto world. Well here, the fun thing is that he has said that BTC will fall to a certain number, he has an analysis, and is also a player, yes, he is definitely also one of the whales, so, maybe he will know various things that might be speculatively possible to happen in reality.
And indeed until now the price of Bitcoin is still falling. Even yesterday it was at a figure of less than $ 80k, this is actually very surprising, it's just that, yes, the journey of the crypto market is like that. Just enjoy the process, I also believe that this will end soon.
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So we wen't below $80k today. Some are happy that "weak hands" will get shaken off and we might see a steady growth from here.
The question is - who's going to pump it up if the retail is broke:
(https://www.talkimg.com/images/2025/02/28/qbPdm.png)
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I think everyone doesn't want to believe that Bitcoin will drop below $80k. But in fact, CZ is right that Bitcoin is declining very badly. It dropped to $78k yesterday. Now, I don't have an idea that CZ said Bitcoin will be $1,001,000. Honestly, it is very surprised to know this because Bitcoin isn't in the green market now.
CZ has fundamental strength because he is the founder of Binance which is respected by many people and when it says something about Bitcoin or anything then it will be realized by those who believe in CZ, as well as what he said that Bitcoin will go back down at the price of $85k and in the end it will go down even worse.
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It may go up again, but the question: will Bitcoin cross $100k again? I believe bullrun season continues, but I'm not optimistic again that Bitcoin will have a new ATH.
Don't lose your trust, this is the crypto market and anything can happen in an instant.
Everything is manipulated and regulated by those who have large funds, you just need to follow it and don't get trapped.
I remain optimistic that the new ATH will be achieved and the market situation will improve.
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It may go up again, but the question: will Bitcoin cross $100k again? I believe bullrun season continues, but I'm not optimistic again that Bitcoin will have a new ATH.
Don't lose your trust, this is the crypto market and anything can happen in an instant.
Everything is manipulated and regulated by those who have large funds, you just need to follow it and don't get trapped.
I remain optimistic that the new ATH will be achieved and the market situation will improve.
It's pretty much normal to see these kind of things especially when we see the market going down constantly. Many will feel the fear that they will say things like this, and this, and this. Many will look at Bitcoin and will say "We might be entering the bear market season already." or "The bull market is over. We will not see Bitcoin pass $100,000 anymore"
On the flip side, if you've been into crypto for quite some time, you will see that this is pretty much normal. If you will look at the price movement of Bitcoin during the 2021 bull run, you will see that the market dipped during the month of May to as low as 55% only to go up even higher during the 2nd half of the year. Currently, the market is down only 28% from it's ATH, and for me, this is an opportunity to accumulate even more Bitcoin. I might be wrong though.
The closing price of Bitcoin this week will be crucial. Currently, we are above the 34 weekly moving average which is I consider a strong support. If we close above it, there's a chance that we will see an upwards movement in the following weeks. Of course, I might be wrong still because after all, many whales can manipulate the market... yet again. :D
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Bitcoin price was stay above 90K for a long time, so there was a possibility of a slight decline, but it was not known when it would happen. It is normal for the market to be bullish and bearish at times. Some investors may be the most affected by this temporary decline, who have panicked due to the price drop and decided to sell Bitcoin. Investors who have seen the last several bull markets know for sure that this behavior of Bitcoin is very normal. Moreover, if the market still pumps the price of Bitcoin to around 85K at any time, it will be able to rise above 90K again. I certainly disagree with those who are making such comments that the bull run is over. I hope Bitcoin will soon be able to rise above 90K early.
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Currently, the market is down only 28% from it's ATH, and for me, this is an opportunity to accumulate even more Bitcoin. I might be wrong though.
Only a 28% decline from the last ATH, even this is a low decline and not so terrible but many are too panicked and sell with losses and look as if the market will not rise again.
Though this decline is the right moment to start adding asset ownership and filling the bag at a cheaper price.
I have the same thoughts as you, don't have to panic and are too concerned with the market that continues to fall, but see how the potential for further increases. Manipulation always occurs in any market state and manipulation like this is really done by Whales to get a cheaper price.
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So we wen't below $80k today. Some are happy that "weak hands" will get shaken off and we might see a steady growth from here.
The question is - who's going to pump it up if the retail is broke:
Today fortunately there has been an increase. At least BTC is at the rate of $ 85k. It was quite worrying when BTC dropped to $ 78k yesterday if I'm not mistaken. This is really a very deep correction. Fortunately, it seems that not many people are panicking due to this market crash. So the market can gradually improve quite significantly. And now, the market conditions are improving quite a bit. Most of the coins have started to turn around to go up, although only a little.
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For a fact, I don't know what to term the current bitcoin market to and we should not be in a hast to make any decision right now sure it will be cool if we can only buy the amount of bitcoin that we can afford to hold for a long period even if this current correction becomes more dipper since it becomes obvious that the persistent decline in the price of Bitcoin is as a result of what I call market uncertainty with a high tendency of even going dipper than expected by many bitcoin price speculators.
But for sure we need to build a baseline that could serve as evidence to prove our level of intelligence in the areas of more likely to be more investment and bitcoin market situations.
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So we wen't below $80k today. Some are happy that "weak hands" will get shaken off and we might see a steady growth from here.
The question is - who's going to pump it up if the retail is broke:
Today fortunately there has been an increase. At least BTC is at the rate of $ 85k. It was quite worrying when BTC dropped to $ 78k yesterday if I'm not mistaken. This is really a very deep correction. Fortunately, it seems that not many people are panicking due to this market crash. So the market can gradually improve quite significantly. And now, the market conditions are improving quite a bit. Most of the coins have started to turn around to go up, although only a little.
Only newbies are the ones who do freak out whenever the price do make out some correction but into those people who are really just that know or old enough to know this market then they are seeing this as an opportunity to get in on which they can be able to make up such buyback. There are really just that those people who do get shocked at the time that they are facing up these sudden drops but actually its not really that something new because market is volatile and unpredictable in the first place. There are really just that those individuals who are really that expecting or anticipating too much about positive gains and increasing prices on which at the moment that the market do make out some drops then you would really be that getting frustrated with that.
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Only newbies are the ones who do freak out whenever the price do make out some correction but into those people who are really just that know or old enough to know this market then they are seeing this as an opportunity to get in on which they can be able to make up such buyback. There are really just that those people who do get shocked at the time that they are facing up these sudden drops but actually its not really that something new because market is volatile and unpredictable in the first place. There are really just that those individuals who are really that expecting or anticipating too much about positive gains and increasing prices on which at the moment that the market do make out some drops then you would really be that getting frustrated with that.
I would like to agree here, in these kind of situation who were in the high pick is those were newbies and yes here also they sell their fund even at a loss but after a period they also regret for this.
So I think we have to claim on this situation because when these kinds of market pump occurs we have also keep that in mind dump will also occurs for the correction also.
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CZ has fundamental strength because he is the founder of Binance which is respected by many people and when it says something about Bitcoin or anything then it will be realized by those who believe in CZ, as well as what he said that Bitcoin will go back down at the price of $85k and in the end it will go down even worse.
Sure, CZ is the founder of Binance exchange. So it is not surprising if CZ has the power. But we must accept that CZ could predict quite accurate. That makes people to trust whatever he said. When he said Bitcoin will drop around $80k few weeks ago, it really happened. Now, he said Bitcoin to $1,001,000. Do you think CZ is serious with this prediction?
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Currently, the market is down only 28% from it's ATH, and for me, this is an opportunity to accumulate even more Bitcoin. I might be wrong though.
Only a 28% decline from the last ATH, even this is a low decline and not so terrible but many are too panicked and sell with losses and look as if the market will not rise again.
Though this decline is the right moment to start adding asset ownership and filling the bag at a cheaper price.
I have the same thoughts as you, don't have to panic and are too concerned with the market that continues to fall, but see how the potential for further increases. Manipulation always occurs in any market state and manipulation like this is really done by Whales to get a cheaper price.
Those "many" that you're referring with are only the newbies that panicked when they saw the market going down. Maybe there are some who's been in the crypto for quite some time that sold their Bitcoins, but that's because they want to secure their profits maybe, or they're the ones that sold their Bitcoins for USDT so that they can buy it again at a much lower price.
Whatever the case is, 28% really isn't that low compared to how much Bitcoin corrected during the 2021 Bull run. Experience will teach us not to get panic that's for sure. I've seen how Bitcoin moved in the long run that's why declines like this doesn't make me fear at all, but I see it as an opportunity. As for the manipulations, with the whales, and the institutions coming into crypto, there's a higher chance that Bitcoin can be manipulated. Looks like we're going back to the 2017 times again where whales can just manipulate the market anytime they want to.
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Sure, CZ is the founder of Binance exchange. So it is not surprising if CZ has the power. But we must accept that CZ could predict quite accurate. That makes people to trust whatever he said. When he said Bitcoin will drop around $80k few weeks ago, it really happened. Now, he said Bitcoin to $1,001,000. Do you think CZ is serious with this prediction?
CZ is just that guy who see goof future in crypto and you know why he is different from other people that got power and influence crypto, CZ don't look at short term, he looks beyond what many people looks in that time, the rest of the people are only bullish about the market when they see the market is printing green candles and everyone excited.
Another reason why CZ is different is that, he hold 98% of his asset in BNB and he has not for one day discredit Bitcoin. His contributions in Bitcoin promotion is more than 99% and he doesn't speak of bnb, that's why people like him.