Bitcoin Forum

Analysis: WHAT'S NEXT?! + Crypto Market Analysis Today https://www.youtube.com/watch?v=LsyjoEk-JbA

Previous Analysis: BITCOIN TO $24600 SOON! https://www.youtube.com/watch?v=5CLmwNqaQ50

1. Many have predicted the price rise. Twitter is full for months with predictions of price increasing "any day now".
2. The current price rise is small and there's unfortunately still a good chance to be reverted (bull trap).
3. If you want to have a proper discussion, discuss here, not on YouTube (i.e. post words, not links).

Good thing I didn’t let go of my BTC as I am doing DCA (dollar-cost averaging) with it. Also I hold a little bit of Ethereum too and didn’t sell it.

But we’re not sure if the bulls can keep the momentum going. Not sure what is the real factor behind the “green” day that we have today, but a pullback would be likely if the trend is just short term.

There would be traders who bought at $17k to $19k might sell it that would result for the price to pull back a bit. It’s going to be interesting to see where the market goes after the end of the week.

Wow, great analysis by them. Being able to predict a day before is excellent. Congratulations to the ones who followed.

IIRC, I have seen some of their videos because I remember the video's icon and logo and the invitation to join a VIP group or something ad.

So will this pump continue until it reaches $24,600? It would be interesting if the pump could go to that price. I wonder what will happen after the price can reach that price because if nothing happens out there, the price can get a correction, which can go lower price again. And I am worried if that will really happen later. So we must be careful in this situation.

But this situation is explained to us that bitcoin can get stronger soon and will reverse the situation for to better.

Hopefully, it will push the price to break the higher price and back to $30k.

There is something with prediction. It happens to meet the expectation sometimes and other times it will not so that is why not to invest more than you can lose is still the professional way to go in cryptocurrency investment. It is always caution and gradual process, don't throw all your money in , caution is advised.

Depends on fundamentals too. You see some topics might affect the price tremendously like whales are trying to move it up or down. Or even the feds report that always give us a hell of a movement. So everyone might predict the market, but who can actually foreseen such movement. Even technical analysis sometimes fail.

Speculations regarding bitcoin's price shooting up later this year have been made at the first sight of bitcoin's price crashing earlier in 2022. I wouldn't be as arrogant as to assume that this particular guy made an accurate claim, at least up until he's able to prove himself to be a good technical analyzer of bitcoin's price trend. Until then however, I will remain to be a firm believer of the market, because no matter how many TAs you do of whatever cryptocurrency you focus on, the market and only the market will decide whether you are right or wrong.

Watching and both reading can still be ambiguous for majority to understand those charts, especially newbies in the space.
On Facebook the price still remains the same some have hinted for the downward dump while some has also anticipated for the upward pump. At writing time Bitcoin is $20,744.15

Just keep it until the next bull run because it might be bigger than the last one. I think about the recent news is all about the UK's regulators recognizing bitcoin as regulated assets.

Well, is that a good news?

For those that likes to see regulators touching crypto assets, that could be a good news because there's confidence that the government of UK won't be banning it.

Whats next? No one really knows.

People would normally be calling themselves that they had predicted the right thing when bitcoins hits up the market but its totally random.
Come to mind off that we do only have two possible paths which the price might go up or down.

Of course we would really be making out some analysis which we would be predicting whether it would dump or increase on certain levels.
By the use of those technical indicators then we would really be having at least the idea on where prices could go
but bare up on mind that its not 100% precise.

Seeing the current price pump makes me even more excited on where bitcoin price could go. Although this is a sudden increase but we know bitcoin is definitely heading for it. So we don’t have to worry about this, though we may encounter a bull trap in the end but it’s fine as long as we never get tempted to sell, instead hold tight for future profits.

I would say that it was bound to rise, it already has dropped so much, I mean from all time high of about $69,000 all the way down to almost $17,000,  were you expecting it to go lower? I on this end wasn't at all, something needed to be done to rescue bitcoin, and I am really glad that the market is green again.

There are alot of predictions on Twitter, as well as YouTube, some positive and others negative, I've personally learnt not to pay attention to predictions though, because at the end of it all, bitcoin and the entire crypto market will always do its thing when the time is right.

^ We hope that they are all right, it seems all are predicted in a bullish way which is I think it is possible that will happen to the BTC price.
We are in almost in the fourth quarter of the month which is the most anticipated moment that the BTC price will raise. However, just prepare your fund for investing in DCA way. When they got wrong about their prediction and instead of a market correction, accumulating more would be a great move here while waiting for the bull market.

I think there were 2x more videos on YouTube about Bitcoin going down compared to Bitcoin going up. Before this pump we had like $10K predictions almost everyday.

Most were expecting a nov 2018 event where it would crash but instead the opposite was true. I think $1B worth of liquidations in the last 2 days. Shows that most were short and hence the big squeeze.

-  That's just teaching a view about your analysis of the bitcoin price dude, why don't you explain it properly here in the forum? so that I won't have to go to click on the one on youtube. Are you looking for more views on your channel? I'm just asking,

Although I can't deny that the explanation you want to convey to your YouTube channel viewers is fine. But, as I said, it's better if you explain it here on the forum platform, I'm sure many people will be happy with you.

I hope that you will add more details in the future, because just putting titles and links to YouTube videos will not gain the discussions any value, and then the user will be forced to watch the videos to respond instead of being an option or enhancing the value of the discussions.

Short-term analyzes of Bitcoin, especially in a period of less than two weeks, are very difficult and can only be determined after an influential event, but in general the market has reached equilibrium and will need a unique event to reach 24k or 26K

I am an optimist about the future dynamics of the price of bitcoin.  From the point of view of fundamental analysis, the price of bitcoin will rise in the future. 

This is due to the fact that in the conditions of economic isolation of individual countries and the rejection of globalization, a universal deflationary currency is a very valuable asset. 

The price of $19,000 for 1 BTC is the maximum price of Bitcoin during the previous bull market (December 2017).  In my opinion, in 2022, the price of Bitcoin will not fall significantly below this price. 

However, the likelihood that the price of Bitcoin will reach $30,000 (or more) in 2022 is very high. 

After the November elections in the US, the fight against inflation and the economic policy of raising refinancing rates are likely to end.  And this, in turn, will lead to an increase in the price of risky assets (including an increase in the price of Bitcoin).

Well that's normal. There will always be people who are optimistic and will only hope for a recovery if btc is falling or an even increase if the price is already high. For sure many of us here won't be easily convinced by the OP because he only made 1 prediction which he claim he predict accurately. He needs more proof and he needs more exposure on the forum.

The market is not making its own price but we people are the ones who make the price but of course, that will still be unpredictable because not all are the same. Some sells and some buys and hodl. There is also whales which can manipulate the price making it more unpredictable.

I didn't watch the video though. But since they throw in or at least the OP give us some numbers so lets see if if this a hit (or miss). And yeah they might have predicted this so called pump but it's interesting it this is going to be sustaine (looks like it as predicted next).

Again, I'm not against any prediction, because every does, but not all of them are accurate we all know that. And hopefully no one will fall or really believed some random Youtube prediction that the price will go X amount and this and that, just saying.

All speculation been made would really be neither a hit or miss whether you are a known personality or just a typical average trading or joe who do make out analysis and speculations about this market.
Btc pumped exactly as predicted? Come to mind that we do have 50% of going up and 50% on going down so you would definitely say that once you do have able to predict on where the price is heading.
You would be saying that you are right but to mind the odds or chance then its high or 2 options that we do have. We dont even know on whats the reason behind but we arent
still that confident that this is the start of bull run yet there's no much confidence on the current market condition.

Do you think most of the videos really affects the market prices or what?
from my view some of the videos post on YT also helps in spreading false and good news, most at times the predictions don't go as they predicted maybe if eventually goes as predicted does that means they are expert?

affect or not it depends on the number of their followers who can be hypnotized by the signal given.
it's part of trying to make the market situation what they want. the more that follows, the more likely that prediction will come true.

even I also read threads related to insurance for trading signals. they said they would use their funds to move the market according to the signals they gave. such as market price manipulation.
but I'm not sure it will be accurate, it requires a huge amount of money to move the market price. unless the signal they give is for shitcoin trading. with only a small amount of money, they can move the price.

One correct prediction means absolutely nothing, can you imagine how many predictions are made each month about the price of bitcoin and the direction it can take on the short term? The number is probably in the millions, if not even higher, so when there are so many predictions being made every single day then some are bound to be right by probabilities alone, unless you can prove you can do this consistently then getting one of your predictions right does not tell us anything about your skill.

actually the analysis is also not necessarily accurate with what was predicted at that time. but if the analysis is correct, i call it luck.
there are so many people out there who predict and analyze the price of bitcoin but a lot of it is not right but in the video you mentioned he was very lucky to predict with his analysis correctly and after that the price of bitcoin rose.
but for me bitcoin price increases these few days are normal and will always happen whenever it is. so if someone predicts can be right with his analysis for me it is a normal thing and the analysis will not always be right for me

If they are really popular or have a lots of subscriber, I could say that it can affect and have a big impact on price. You are right, there are bad propaganda on some posted on youtubes, just to gain some views. Remember thats how they are earning. As ling as there talk of the town or noisy headline there they are even there is 20% truth on that video.

If they predicted it well then maybe they are but of course not all predictions panned out good.

That's good to those who follow that prediction and now it's the best time to take profit.
I wonder what will be the trend next week as we enter the Month of November. There's a lot of companies already report their losses and their stocks are reacting to that, also next week there will be another meeting with FED most probably they will increase the interest rate again, expect for a dump after that for sure. Bitcoin is still unstable, if it breaks the resistance much better but if not, take profit while there's still a chance.

People will always say the price is going to pump up, but it's always hard to know the exact moment to see when it starts.
A lot of people are still optimistic about prices going higher than $25K for the rest of the year, but I don't know what will most support that analysis in the next 2 months.

Prediction is all about probability, it's not always right and it's not always wrong either. Sometimes it's true when multiple analyzes are made along with market hype due to good news, but it's hard to predict things like this even though some fundamentals can be supportive.

Of course that's not really a good thing, and I think a rate hike that is planned to rise until the end of the year could trigger FUD which then makes the price trend to be negative.

This is why i don't follow any influencer on social media to adhered to what ever they are saying concerning bitcoin prices including what we called bitcoin halving, yes its true bitcoin halving is around the corner which might likely change the price of bitcoin in time soon but something you must know that prices could change even before getting to next bitcoin halving.

In most cases these so called media influencers or YT mislead peoples and gives false information about bitcoin which affects the markets, i have seen an example. Such as Elon Musk in tweet were he said of not selling his bitcoin (https://twitter.com/forbes/status/1503368357831139329?lang=en). So quickly something came into my mind how could Elon Musk live a deceitful life, as a business man he is, he can't claimed of not selling his bitcoin till date (https://www.forbes.com/sites/billybambrough/2022/03/14/i-wont-sell-tesla-billionaire-elon-musk-issues-inflation-advice-as-the-price-of-his-bitcoin-ethereum-and-dogecoin-plummet/?sh=2e32934b5dd5&utm_source=ForbesMainTwitter&utm_medium=social&utm_campaign=socialflowForbesMainTwitter). I know too well that none of you here knows his wallets and he can boldly came online to tweet of not selling his bitcoin while followers kept hoping he haven't sold his bitcoin. He could at sold +$68k and buy back at the dip when it gets to $18k, do you think he would come online to announces he bought when dip? No because he don't want to be seen as someone who is misleading people.
Note all this is write ups is a probability statements.

I thought in this thread there would be a detailed discussion of how the prediction came about, it turns out that it only links to a youtube link.
Why do you only link the video link without a more detailed explanation or what do you think about reviews from the youtube channel itself?
I think this is one of many predictions right? most importantly we must avoid panic selling or buying.
In the midst of uncertain market conditions, a clear mind is needed to make decisions so as not to regret in the future.

prediction can be anything as i don't know anything that is going to happen next to it but its too early to say that BTC is going to break all the upper bond resistances by a small volume change nope that's not going to happen as shit poster Ellon is again making some hype for the meme coin so my prediction is in NOV we might see a small pump and then again a major crash as it's my gut feeling here.

We do have our gut feeling or intuition on particular situation which we can possibly be able to attached into those possible events that might happen ahead but everything would really be turns out to be pure speculative.
No one can precisely tell on what would be the reason on why Bitcoin do make out some pump.Some could say that they were right but it was just a hit on their prediction thats why its not something that you could

really boast up that you are really that a good trader or something in related to that.We've been seeing different news and fundamentals around which you could really make use whether
the market would be making out some significant effect or not.

Its up to someones choice whether they would really be making out action or just simply be idle and wait up for the right opportunity which is something a very
typical thing to be done as a trader.

It is better for people to avoid influencers of any kind since those people are not really above doing and saying whatever they need in order to bring an audience that listens to them and which makes them more popular, it is because of this when you look for bitcoin predictions on YouTube or other social media websites you will see the most outrageous predictions, as this is the only way they can keep the attention of the public, however this creates on their followers a false idea about the chances of a bull market coming soon, so they invest their money thinking a bull run is imminent only to be disappointed when it does not happen and they lose their money.

In fact every trader and investor has the right to decide whatever they want regardless of whether they are influenced by influencers or not. I'm not going to ignore the profit opportunities generated by some influencers being taken advantage of by most traders, they will happen anyway.

I'm just sure each and every one of them knows that they have to be responsible for whatever consequences their investment decisions lead to, so even if you and I think it's the wrong thing, then it won't change anything. Greed will always be there and it will not be separated between traders, investors and the market.

The price of Bitcoin is uncertain and it can again dump to the 29000$ range. But I hope it will move on and up a little bit more. Because in analysis we can see price can go up to the 24000$.

Do you know that some certain prediction of cryptocurrency are not correct and some actually come to accomplish by chance, so prediction of Bitcoin price is not what someone is not what someone can be dependable on, because cryptocurrency it's self the market is constant, so it hard me to work on the prediction of someone as a reliable source

There are still many people who believed that Bitcoin price will pump up in the 4th quarter of the year and it seems there's a sign of it.
Behind on it, we've seen a lot of predictions on social media platforms and even those known people who predicted on their own about Bitcoin.  So I think if you're a bullish mind then possible it's a coincidence that you predicted the market closely accurately but it doesn't you always predicted the market.

IMO, let it be.
Just hold your Bitcoin for a long-term purpose or much better you'll wait for the next halving event because it's usually followed by a new ATH which is the very interesting price of Bitcoin.  We've seen that the market price was been struggling to move up and it might of the world market inflation.

The video you see on Youtube is just a prediction that we also don't know will happen or it's just speculation from the people who made the video.
And if we watch that video, we should try to find more information from the other videos to analyze whether the prediction is right or wrong.
It's better to analyze market movements rather than just relying on prediction videos from Youtube, especially if you can analyze market conditions.
So we wouldn't be trapped by that video if they made it to make people worry.

Everything that floats around on this market is just mere speculations.Its just really that not pleasing on looking into someone telling that they were right when it comes to price movement and saying
they are good traders or professionals which is bullshit.This market is always been unpredictable and there's no way that we could really be able to tell on where we are going.
We could make out some analysis out of those tools or indicators but not those things are 100% precise which it isnt really just right for you to tell someone that you were right.
Somehow having analysis is much better rather than on making investment decision without any basis.

Whatever it was it's either a miss or a hit it doesn't matter since I'm sure it's just a coincidence or chance they got it right but it won't happen on the other prediction. The market is always unpredictable no matter what they do it's just like winning a lottery ticket if they hit the right number but that's it nothing else.

BTC will pump in no time but no one could predict the right price plus we are in a bearish market what could be their prediction and when will be the next pump going to happen?

Maybe it does matter to the predictor. It gives them a sense of satisfaction knowing that predicting btc is not easy. If there are people who depend on that predictor then they will also feel good. They can either sell at profit or buy with the right amount of coins. For you and the rest then maybe it's not that a big deal and you think what happened is only just a co-incident.

You cannot compare it to the lottery because lottery is purely luck based but here in cryptos, there are several factors which can affect the price of the coins. One example would be the news. If it's a positive one then there's a chance that the price will move in a upward direction but if negative then it will be in downward position.