Bitcoin Forum

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

What are these "precise calculations" based on?

You've been posting for months complaining about the bear market, wondering why the price isn't going up. It sounds like you've finally given up and sold?

Maybe this is a sign that people are capitulating..... :-X

precise calculation? wow, I really hope you are a pro trader bro?
so what is your consideration for saying that? maybe you want to share your's chart maybe TA or maybe you are an FA player?

Bitcoin never takes a break.

I'm more bullish on these declines than I am on the way up because that always make me feel a bit uncomfortable. We all have these 'I should have bought more' moments, and it doesn't end until the price starts reversing. I am truly happy that I am being offered another opportunity to add satoshis to my hodl stack.

The price went up so fast after the April pump that it wasn't possible for me to time in some rational buys. Any buy at that point would be a fomo buy, which is something I protect myself against.

in my opinion bitcoin have high value ; if someone want to sell his bitcoin he is free; but i dont think that panic is good for traders . and people who sell under 10 k they will regret in the future because prices bitcoin now very cheap
i hope those panic traders will correct their decision before bull run

25% drop of what? Bitcoin? Come on that would take us back below the previous bottom of 6500. Possible but not very probable if you look at the charts. Last time we were there in May and the halving is getting closer. Are there any technicals or fundamentals you can show us or is it going to be one of those" I have a hunch" predictions?

Very precise calculations? really huh? Since when top level coins take a brake? Also, how did you get that very precise calculation? Can you please explain further so you can back up your claim and we can understand or it's only made by your mischievous thinking. We would like to know. As far as I know, for years i've been here, top level coins never take a break. Maybe there's season we've seen the price with small swing but they never take a break.

Yes. Yep. I can very much see these precise calculations right now. I am very much amazed.
You can leave now. Your very precise calculations have led you from believing a bull run should have happened to bitcoin will now drop to over 25%, in addition to most of the top coins following through it. Just cause BTC has dropped recently to 7.1k, your belief of a bull run which has spanned for quite some time now has been already shaken without any given proof. BTC may be standing at 7.1k, but it's just a natural movement, one of which BTC has been doing for weeks now.

Basically here is the issue I see happening.

Too many people are bearish and everyone is expecting at least $6K and maybe even $5K. Everywhere I look whether its some trollbox, this forum, reddit, twitter, discord, everybody is pretty much short. And when the sentiment is one-sided its usually never a good thing.

I agree, I look at the BTCUSD trends from a weekly chart and it looks bearish since its making LH and LL, and the $6K would be a great area to go long. However look what happened a few hours ago. There was a 1 minute candle where the price went up $250 from $7200 to $7450 and liquidated a whole bunch of shorts. And this wasn't a big move, imagine the amount of shorts that would get liquidated if we hit $500 or $1000. And when we broke the $7080 low, what happened? It barely went down and quickly retraced. So it looks like there are no more longs to liquidate and just shorts to liquidate. So be careful out there.

Don't expect an instant increase in bitcoin, you are going the wrong way. If you have only invested in a few months I think it is better for you to withdraw all your money with the analysis that you think is right.
It needs an annual investment to see to what extent bitcoin is able to provide good capital gains. It's not enough just to complain in the forum, there you will only burden yourself.  :)

you seem to be way out of loop with the market ;)

the "cheap coins season" that you mentioned started about a year ago when the dumps of the very same small cap coins ended while the bigger altcoins were still being dumped. the pumpers have been pumping these small shitcoins ever since. not a day goes by without some coin with a value of from 0.01 satoshi to 1000 satoshi gets pumped big time.

none of it has anything to do with bitcoin though. and don't link other altcoins to bitcoin just because they are ranked in an arbitrary list right below bitcoin. there is no connection. right now bitcoin is in sideways market leading towards some accumulation while altcoins are still in dumping mode.

very true. that's the main reason i'm scared to sell anything down here---and especially to short. the chart looks like shit and it definitely feels like sub-$6500 is imminent. but i've been through these conditions a million times, so i know a short squeeze (like early august or late october) is very possible from these levels.

Don't take it as your burden, just be fair on your expectations with bitcoin so you won't be frustrated while the market decline so bad. What's important now is you know how to handle your stress in times of difficulties. Good capital gains cannot take in so short but rather be waited for the perfect chance to reach the best price. Bullrun is our only way to success, be calm and prepared all the time.

let alone people switching off bitcoin to altcoins.

the real HODLer will keep bitcoin forever until the doomsday come. i know everybody is waiting for the moment altcoin to bouncing back to skyrocketing , will that moment really come in the near future? i think this is just a pure baseless speculation.
that the altcoins season is coming ,

but yes once again cryptocurrency market habit always wild , there is no expert can make any kind very percise calculations.
this is all pure speculation and people loves to do it the entire time.

Bitcoin price dropping by 1/4 is definitely a scenario we should be prepared for. Just remember that the low of the year was $3300 or somewhere there. So even if we drop to 5k or even 4k it is not as bad as it already was.

Just read somewhere the yearly lows keep getting higher every year. 2017 was 750. 2018 was 3100. This year 3300.

So the good news is 2020 should not be lower than that;)

It seems that very you are confident of what your saying however it would be more precise if you have supported your statement, but I'd rather conclude that your statement is probably made up by your mind. If that 25% more drop will happen many happy souls will accumulate that lows considering it a Christmas sale.

are you just talking You didn't accompany the analysis technique that you think is right, I'm sure everyone here will find it hard to believe you, if you say bitcoin will go down 25% I think you're also wrong, bitcoin is still stuck in this support, $ 7100, and if it goes down it might get stuck at $ 6500 after that, see you later

I don't understand people who come here and talk about "their secret sources" and their "precise calculations" and not give a proof of it.

Let me tell you something, NOBODY can calculate what will bitcoin do, and I mean NOBODY because bitcoin is a decentralized unregulated market, you may say it will do x but then I will buy or sell compared to what you said and destroy all of your logic. One big whale can come up and do whatever the hell they want moving the price whichever direction they want and there is no calculations to predict that at all.

People fail to understand the logic behind bitcoin for years and for some reason everyone gobbles these kinds of made up stuff all the time. I am sorry but you are wrong, you are very wrong, not because 25% won't happen but because you think there is a calculation you can make to predict bitcoin.

Well, I kind of agree and disagree? I actually believe its more of an accumulation period but BTC never really did reveal what steps it would actually do in the future. Like right now, BTC is currently going down to 7.1k and is currently going down the bearish trend. Though this doesn't really mean that bears are actually succeeding, since bulls are still pretty much in action. Its kinda like the pulling rope right now, both are trying to take the wave but none of them want to give up.

So 'Wall St' has piled into all of those dead ICOs and forks? What a fascinating approach to, erm, investment.

Luckily I have Bitcoin God, Bitcoin Pay, Bitcoin File and probably Bitcoin Bitcoin to fall back on since the real one is being ignored. Best news I've had all week. Will this also mean someone actually starts to mine them so they can be moved to an exchange?

A chance to buy.
This could some strategy for a cheaper bitcoin to be bought before the halving even starts.
A hype will surely happens even with those articles that being written which says there will be no movement after the halving.
It may be biased or just also a strategy for weak hands to sell their bitcoins.
Think about it. Whales buying cheap and then selling back while they also pump the price.

Can i take a look at your calculations? so i can buy at bottom!

Indeed and proved from 1 cent to $10k until now.

Those having too much money are collecting tons using this way

I won't even believe you for a minute just by telling that your have “precise calculations” without even providing or what those calculations are. I've seen this type if FUD posts before where the FUDster is holding more alts hoping that it will trigger an alt season yet they only provide the FUD without backing it with any kind if analysis. If you want a healthy debate and for not other members to throw negative comments at what you are saying you must back it up with analysis so you wouldn't look like a total newbie out here.

I don't think any of that will happen in the near future a 25% reduction will not be easy even though this is towards the end of the year ,an explanation for your current condition is there not anything in a related content on your topic? simply because the whale assumption is irrelevant

I am just wondering where were you during those days when bitcoin was trending green during altcoin and ICO bloodbath? This might be your calculation but it does not apply for everyone and I don't think it will be a case for long time. I am just a bearish market trend which is going on for a long time but situation will change for good.

Anything is possible in crypto market so expect a kind of scenario that might happen soon. In Q1 this year you know what was the price of bitcoin, right? Specially now that there is no sign of bullish trend since bitcoin halving won't have any effect after that not in a year after. So the prediction might be possible to happen though.

I doubt that whales are still waiting for the right time to buy and they are also buying into news and taking advantage of it. They are smart they know when to take in and out in market. And marker is still in crisis and we can also take advantage and accumulate in time when it goes much lower.

And i think the value of Bitcoin will go much lower and bounce back again before this end of the year. Also wasting this oppurtunity when the market is in dip is like you want just to be a loser.

Thether is Minted I checked on whale alert.
But its Not used for Buy orders.

Whales are waiting When price go lower.

Btc support line is looking weak i think 5000 is the target here.
This year i Don't see btc to go to over 9-10k.

Sentiment-wise, I'm seeing the same thing. Everyone and their grandma is bearish. Bitfinex's commitment of traders is really throwing me for a loop though. Longs keep rising and rising, up over 40K BTC now. Shorts are down near 6K BTC.

That's one of the things that's making me really question the low at $6,500.

I don't know what break loss and why most people are advocating for the take over of altcoins in place of Bitcoin.
Who are the whales that purchased the altcoins? Do people just say whales just trigger people and other reactions?
I still don't think that the coming year is meant for altcoins so Bitcoin is taking no break.

my sense is that he's doubling down on his bitcoin losses and is making a hail mary play with lower cap altcoins. it's a classic crypto investor move.

i'll laugh so hard if dmwardjr is right and altcoin season begins next month. Polo7 might just get bailed out by the market. https://bitcointalk.org/index.php?topic=5140701.msg53309855#msg53309855

It's the '3rd level' that intrigues me most. If ETH is 1st level and maybe Dash is 2nd level then that leaves a Mariana Trench filled with the filthiest sewage imaginable. I guess at least some of it'll come back eventually.

If there's to be another alt season I'm very curious to see what it'll look like. I wonder whether everyone's learnt their lesson. Probably not so maybe OP will out earn us all with his/her obscurities.

Precise calculation you say? I didnt expect for me to read on someone.  ;D
I dont know what you do mean about that 3rd level coins yet i do only believe on 2 divisions
which is only bitcoin & alts.If you do classify alts into levels then thats a personal perception
if 3rd levels are to those low cap coins then i dont see for those coins to be bought by whales anytime soon
Yes, there are projects that been chosen but an obviously pump and dump scheme.

VERY PRECISE CALCULATIONS LOL You really caught the attention here and it seem like we are suppose to dump what we have right now before its too late.  ;D

Its not a god habit to sell all your BTC in hopes that all will follow so you can buy at discounted price. But I can tip my hat for someone who does that for trusting his precise calculations.

You bought altcoins or just with USDT?

Dash is  in 2nd  level like tron  atom grin...

3rd level is for new icos new comers or with lower volume coins.

Whales are big Old guys who got a lot crypto!

Yes Bitcoin Will have some brake time!
Captital inflow is in 3rd level coins now
25% is in few  2nd level coins! 

That's the situation wether we like that or we dont

Well I check daily crypto news and price charts and  also I check the distribution of stable coins

Hint : Minted transfered burned! 
That's called whale alert!

Every market cycle brings new blood. It's also just human nature to look for "the next Bitcoin" given the past gains in the crypto market. I view another alt season as an inevitability.

Whether the OP can manage to cash in is up to the gods though. Most people are too impatient. I strongly believe in a variant of the maximum pain theory, (https://www.investopedia.com/terms/m/maxpain.asp) that markets go where they will cause the most pain. If everyone's long, the market tanks and vice versa.

Alt season could very well be right around the corner, but under that theory, the OP will probably sell the bottom first.

And that would be great in bitcoin goes 25% down. I'm sure everyone will be happy to get it because it's sooo cheap and at a discount. So let's see how it goes, if the whales play us again then it's better to ride with them. :). So there are smart investors, buying when there is blood on the street, and then there are noobs, still waiting for the lowest price to get it. The choice is ours. :)

Maybe it sounds like nonsense for people but still, halving, it means something and it comes in 5 month so do you really think that bitcoin will take break in it's hot moments? I highly doubt of course if you don't mean stable price for a while in brakes.
Also especially durinf bitcoin halving periods, 3rd party coins weren't so popular for investors cause massive rise comes from bitcoin and altcoins follow it but never surpass it's rise rate. Well, that's my opinion about it.

Bitcoin is really showing some level of being in a holiday. Just accumulating for long, hope things turn around before the end of the year

How did you end up with that percentage? is that just base on your calculation then how did you calculated it?

What were the factors that you've used for that? I doubt it that "top level" coins are on a break now. As you can see, even the market isn't that quick for now it's not on a break. People tend to invest to a safer asset than with "3rd level" coins.

Precise on calculation on actually what? And where did you get those analysis? or it's only your personal opinion? since no one could predict the actual circulation of the market and maybe you are doing a guessing games here that's why you end up to say that but honestly mate we didn't actually know on what you are talking the top level coins to brake right now since int confusing maybe it's good for us to see on what will happen on upcoming days rather than wasting some energy to predict in un accurate manner.

Where did you or find this claims? Would you mind sharing it with us with a lot more of further details? It is quite tough to claim such circumstances without having any supporting evidences because we could all run around saying that this and that. Well, you may fool someone but not those who are experienced in this forum. So, please provide an evidence.

He is someone who is unstable and inconsistent with his opinion, spread fud based on nothing, precise calculations? 25% drop? LoL, don't make me laugh.
Yes, currently the market sentiment seems negative after bitcoin fall to $7100-$7200 and may plunge even further but the chance to climb up still promising.
The price of bitcoin could change within a few days, just like the last time it fell, from $8600 to $7000 within 2 days on Nov 22nd, does not rule out the possibility that the opposite might happen at the end of the year.

Another speculations and with how things turned around this industry, everyone have its own opinions without further evidence it will stay like
that. It's no longer the time where hypes are easily moves the traders because even there's some basis it's not easy to convinced most of those
traders who are checking for chances are keeps on eyeing with potential position to make.

Newbies may tend to believe but those who already experience and know how the market works and performe will no longer be into FUDS, they already set what they wanted in their portfolio and what they aim in their bitcoin. That's why we need to do research in everything before believing.

Always giving bad information with bitcoin will take brake and have lower price later, maybe some one who get possibility make many investor panic for selling coin, when you faced situation with thousand announcement about bad and lower price of bitcoin never trust all because they want to keep profitable with investor panic selling bitcoin assets with lower price.

Bitcoin price movements will not stop just like that, the big correction that is happening right now can certainly have a positive impact in the future. the longer the price of bitcoin is at its lowest point, the greater the opportunity to increase its value in the future, because usually after there is a sharp decline in market prices, then soon there will be an increase again.

correction is the reason why the price movement have stopped and it still happen right now  . stop only for the last time and until today but we dont know what happen later on or the next day  . the price would start moving again  up and down   .


that is because people observe if the price dip will stay longer and that is the time that they will make a move to start buying more coins  . if more people will do this the price will go up automatically .

Calculations are Not Bad or Good! 
My opinion is objective not based on emotions fomo or fud!! 
I look at the things how they really are im not dreamer im calculator :) 
I stand my 25% drop Still! 

Take the total money supply (fiat usd and eur and China currency)

Then check the how many stable coins are minted.
Then check the crypto market Cap!  
Check the volumes on Exchangers
Check charts support and resistance
Track the whales wallets transactions
Also check the wallets wich are associated with dark markets....
Connect Ur dots with Ur tiny Brain If u have Brain and You can undestood

Check all those and you can see yourself.

Remember im not Financial advisor or any kind of advisor this is just how I see all of this according my skills knowledge and experince.
I have been in crypto space 10 Years.  Im not newbie... perhaps you can undestood that my opinion comes from experince!

Ok. You're not the first person to believe the price of bitcoin to take a break because I have heard something this from an online friend which also believe investors mind to be divided into the altcoins market. But, even that's the situation the last time i checked most investors mostly invest 60% into altcoin and i don't see such thing will still lead to the dump in price of bitcoin market.

Yes Bitcoin Will take Some brake.
In Investment world we have to follow the Money.
The Capital is not in bitcoin now!  
But its not Bad thing its just a market circle.
Let the Bitcoin relax a bit

Who is stopping sharks (small investors) from buying right now? They are whales because they put there trust in the market when no one is willing to trust crypto market. We gave them the right to control the market by staying away from buying during such bearish trends. We know altcoins are very cheap still we dont wanna buy them.

While bitcoin is busy screaming for buy call, we are all busy doing analysis about its future price and reason for current decline. Every market take correction after bullish run and same happens with cryptocurrency. Lets not miss this opportunity to buy and get rich in few years

Your words are not even precise. How could we even tell you are telling the accurate calculations with your spellings not even being accurate.  ;D
This is all just FUD.
Do you really have that lot of altcoins to do this?
I do. But, I don't go this far into making fake news just so to pull the value of my altcoins.
This is just bad advertising. There are better ways to do it.

Truly a lot of experienced traders are already buying having  realized that Bitcoin has corrected or dipped to a point of buying  and accumulating the price had not broken the support at $7000 thus waiting for the next pump, it is obvious that opportunities for buying more is already unvealling itself.