Bitcoin Forum

The past few days have been really good for BTC holders and I'm guessing they're over the moon.
https://i.ibb.co/Y4pF7LpN/1747902923575.png (https://ibb.co/TDmxBgmw)
Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

Those who buy Bitcoin during the bull run make little profit compared to people who have been accumulating for a long time. Sadly,  ignorant people are motivated to buy the coin when they see the price going up. The advice is simple,  just keep accumulating as you can because with the level of attention Bitcoin is getting, the price will keep increasing.  My strategy is simple; DCA. I keep buying Bitcoin as I can afford consistently over a period of time and I don't pay attention to news that ignites FUD.

You didn't buy when it was $76k and now you choose to be waiting in the ball park. Instead of waiting, you can buy with little amount gradually every week and DCA consistently and persistently. Bitcoin price is growing overtime and I believe that in future bitcoin price will be above $500k which is one of the reason for you to buy bitcoin at any price level.

It's ot good for you to buy out of FOMO, otherwise, you might be disappointed if bitcoin price starts to dip and you will sell off due to panic. Buy bitcoin because yiu want to invest in a long term and hodli.

We can buy now, or we can buy during the pullback - the results would be positive anyway, if we hodl properly - with that, I can agree.

Each decides when to enter, and even though we may buy at any price - we can buy more when the run would be pulled off a bit ::)

Lol, now you're waiting for a pullback. I bet when the pullback you're waiting for comes, you'll still be waiting for more pullback before you buy the dip and when there's a new ATH you'll wait for another pullback, keep waiting and hoping one and you miss out it the wave the token will make.

Bitcoin is no token.

And there is no perfect entry to buy, I agree with that - you choose where to go and where to not to go. You can't see the future and do it ideally to maximize the results. But you can make them better.

Bitcoin is for sale. You want the next block? buy it. you decide the state machine with enough money. But you fuck around doing that and it'll bankrupt you. i.e. a 51% attack. There is financial incentive to not do these attacks or you end up spending billions and licking your wounds like bitmain. Bitcoin bankrupts attackers. It incentivizes honest behaviour. Even if you hate all the people you participate with and want to get a leg up on them. That's the nash equilibrium. Bitcoin is an economic and decentralization secured protocol, and those two forces are coordinated and experienced through a nash equilibrium of the protocol participants.It's the fundamentally most Bitcoin thing you can do. Participate in the protocol and choose your own code.I prefer bullbitcoin for OTC. I really dislike how Bitcoin Well does it by insecure email.The hope is by making them more accountable through Bitcoin you can identify and avoid, even punish if we are using fidelity bonds, fraudulent religions and organizations.That's a bit of a sticky wicket. How do we want to define what is and isn't a false religion? To me religion is just another form of social organization and governance and there will always be fraudulent and abusive ones. I want the Vatican to run a node. I want religious organizations to use Bitcoin to enhance transparency and mitigate embezzlement and corruption. It would be of significant public benefit if the religions of the world substantively adopted Bitcoin.

There's no competition in hodling, buy when you have the funds it's as simple as that , what matters is sometime in the future, sooner or later you'll be profitable. Bitcoin is volatile so don't totally blame anybody that didn't get in when price was $75k, we had people speculating then whether it was a sign of early bear run. I hear some analysts predicting that we will see ATH at $200k in this circle, if you believe in that speculation that means that it's not too late to accumulate now because it'll mean almost a 100% increase. The best strategy for buying Bitcoin is DCA method, don't have a serious plan of taking profit on the short.

This cycle is going to be great, the first one of many where the big guys enter the stage properly, I think.

And we may go for bigger numbers, or we do not - it's not really that important to which price we are going to rise, but how we are going to sustain that liquidity going in..

Where do you think there'll be pullback??. Which zone are you looking at?.
There'll be a pullback. The question is does he or she have the balls to get in when it gets there ? Ahahah

I would look at somewhere around $116k, but that's just me.

If Bitcoin can do more numbers before the end of the year, it doesn't feel at the wrong thing to do, for those who are investing in Bitcoin at the price of $109k so long as Bitcoin will increase more than the current price giving the investor that invested their much needed profits they are looking for.

The fact is that, no price Bitcoin will attain to, there won't be many investors rushing to invest in Bitcoin at that price. There will be, at any time of the day.

It is easily for saying about things already happened, while if you are in a live situation, you would be more uncertain with different feelings like fear, greed, uncertain and many people react the same way of how the majority of market participants do.

Just weeks ago, I am quite sure that many people thought the bull run is over, me too, the CEO of CryptoQuant thought similarly too. It's natural because you can not say about future especially for very near future like next few months. Not all market cycles are the same and this cycle can be longer or shorter than previous cycles so it can end anytime. This results in uncertainty in the market hence we must be well prepare for any sudden ending of bull run.

I did not give up and sell my bitcoin but it's not because I believed this market cycle's bull run will continue, but it's because I aim at a longer holding like next two or three cycles. I mean if I am lucky enough, I would sell my bitcoin around ATH and wait for chance to buy back, but if I miss the ATH, I am ready to hold my bitcoin for next cycles. It helped me to hold my bitcoin recent months even to be honest, I was really uncertain about the market.

Bitcoin Fear and Greed Index
https://www.bitcoinmagazinepro.com/charts/bitcoin-fear-and-greed-index/

The picture that you posted shows a tale that is as old as Bitcoin itself. Actually, something similar happens with selling as well. People sell at those low prices, and then some of them go on to bad mouth Bitcoin as they can't admit that they did something stupid. Fragile egos and minds.

Trying to time an entry into Bitcoin is a mistake itself, a lot more people have been hurt by this than by other strategies like DCA. If you want to buy, buy some today, buy some every day. It can be as simple as that.

Very risky to the point that it is not really recommended. Some people succeed yes, but many regret selling at different points that they thought was a high price. Afterwards, the price was never that low again.

Very little hype according to all trends.

Yes those days were definitely good because in those day the price of BTC was actually low which they could easy get from it and now it price is at the new ATH due to which we are now see BTC at a new price which is actually quite a happy thing.This is beneficial for those who acquired it at a low price and now they can easily take advantage of it and make big profit.

If we talk about it in reality we should see whether it has real benefits or disadvantages. This is not a joke but rather a new development of BTC that it has achieve and it is the best in the whole crypto so we have to talk about it properly.

Yeah, this is another reason to accumulate but I do not think it is wise to buy at this moment where Bitcoin is rallying.  Do not forget Bitcoin has a cycle, a time to sell and a time to buy.  Be wise enough to know when to buy and know when to sell.

Always remember when the Bitcoin price rally and eventually reach its peak, there is no other way for the Bitcoin market to go down and enter a bear market. This is where Bitcoin price started to go down and many investors see this as the market opening its window for further investment or re-entry.

Generally, bitcoin is most profitable on a long term projection than short. You can easily miss out on opportunities to make good profit going short on your investment. The fear index in the recent weeks actually showed how many investors pull out their funds when bitcoin dip to $77k after we made the previous ATH of $109k. For some, the market was heading for the bears which made them pulled out, but for long term projectors it was an opportunity to accumulate more BTC. Now see where we are. And base on my analysis , it's just the beginning of a new ATH's for bitcoin before this year ends. Don't get distracted by the retracements and market noises.

People has not learned yet the best time to accumulate bitcoin. They still buy the most when bitcoin price is at its very bullish state, while still hesitate to maximize their purchase when bitcoin price is still low than its present price. But nevertheless, if the goal is still for long-term hodling, there’s no issue there. The problem is, if these people are patient enough to continue hodling bitcoin despite of its price crash and fluctuations.

Those who are brave enough to buy bitcoin at $75k deserve their rewards now. When will people learn that bitcoin does recover every time so when it dips you take that chance and you buy. But it seems like people never learn.
There are a lot of technical analysis in the speculation board. I advise you to read there.

From a TA point of view BTC just broke out of a critical resistance zone and is now testing it as support. If it holds we could see a push into the next psychological level. Volume appears healthy and RSI isn’t too inflamed now but watch for divergence. If it fails to sustain support then a short term decline could be on the table.

Guys who sold or refused to buy during the dips are newbies to the bull season, Informed people who were in for short-term gains bought the dip since they knew bull run was not yet over. Lots of ignorant people thought we were already in bear season and only got awakened with the price appreciation and FOMO is setting in, now when they get into the market, they would still be overcome by fear of volatility and when there is a slight negative price correction, most of them would still end up selling in loss, still within the bull season.

The higher the bitcoin price achieved, the more people will enter the market and resort into panic buying. This has happened already in the past, so I won’t be surprised if I witness the same scenario.

Bitcoin’s performance has been extremely good in the past couple of days, but we all know this isn’t always the case. But I believe this is a good time to buy before bitcoin will skyrocket again and reach its new heights. I know this kind of reminder has been said a lot of times, but still new investors are still aren’t cautious about it.

I don't know much about technical analysis but I know that there is a cycle to this business, when it is cheap, you should buy more and save and in such times of rise, you should be patient and smart. When the price of Bitcoin dropped to 76k, everyone was making calculations to buy it if it would drop a little more.

I think it will not return to the price of 76k for a long time, maybe it will come in the next bear season. Right now, it feels like a new beginning, Bitcoin will continue to rise in the long term with corrections.

It is clear that with such volatility, people who manage to read the charts and if these charts correspond to what is really going to happen (I still have the impression that many people are wrong), there is really room for big profits. When you know nothing about candles and other signs, the best is to do DCA quietly, when you have some FIATS to invest. That way you have no regrets.

Dca can reduce risk a lot.

Also ends a lot of decisions which is big.

This is very common thing in crypto market when Bitcoin price goes up people mostly get worried they will miss out. So many new buyers jump in sometimes even panic buying. As you said this has happened before so it would not be surprise to see it again.
It is also true that just because Bitcoin has done well lately it does not mean it always will. Your idea that now might be good time to buy before it goes up even more is something many people who believe in Bitcoin for long term feel. You are right that advice to buy before it skyrockets is heard mostly. But new investors can still get carried away without fully understanding risks.

Those who accumulated even at the $80,000 level were doing it perfectly right. There were those who waited for a much lower price, perhaps $70,000 or below. They all missed the bus. That's the price for trying to find the lowest point before buying. In reality, it's very difficult to buy at the bottom. You can't easily time the market like that. You'd end up not buying at all.

And then they refused to buy at $80,000 believing it would still go down. The same when Bitcoin hit $90,000, and then when it hit $100,000, and then at $105,000, and so on. And they won't buy at an ATH either, because it's an ATH. The price then rose to $110,000 and then above $111,000. They're still keeping their money for a big swing. Well, we're on the road to $120,000.

Yes, those Bitcoin holders are happy seeing Bitcoin break the last ATH. Bitcoin now stay at $110k after reach $111k but that will not be a problem because Bitcoin will rise more. This rising will not stop and $111k is not the last ATH that can happen.

If you buy when Bitcoin below $70k, you are making a big profit now. But you still have a chance to buy Bitcoin especially if you use Bitcoin as a long term investment. But if you want to buy now, maybe you can wait for a second until the correction come so you can buy at lower price.

Right now, I just monitor the price moves while I still continue investing in Bitcoin using DCA.

Most people regret that the price has gone up, but they also regret that they didn't buy when the price was lower. For those who have free money I think the most appropriate accumulation of Bitcoin amount in the current position is DCA. This means buying gradually at a certain price. Of course there are techniques that must be understood and patience to run this model. But for me at this time I am trying to accumulate the amount of Bitcoin by trading. So I only trade to increase the amount of Bitcoin, in my lifetime I only bought Bitcoin once in 2015.

The picture is interesting, reflect exactly what happened back then, people were so afraid and those who said they're waiting for a pullback to buy aren't buying a damn thing ;D.

But I expected price of bitcoin to go up even more, it seems we gonna see massive rally like what happened in the past since BTC has broken through resistance. After all, history rhymes and i'm sure the increase of adoption just caused bitcoin's worth to potentially reach an even higher ATH.

Those billions from institutional investors aren't getting in for nothing.

Nobody says we are done yet, and to stop such a rally, we would need more fudsters and big events shifting the sentiment ;D

We need to be ready for it eventually, but not currently for sure.

The problem with people, they don’t know when to best enter the market. Instead of trying to make its best entry while the market isn’t completely bullish yet, but these people chose to enter when there is hype, that is seeing new investors come rushing and panic buying, and when the price drops, they blame the market and regret their decision, and end up selling at a loss.

So I don’t see this a great opportunity to enter the market, but no worries if you are going to accumulate through DCA. This is reducing the burden when you think of buying all at once.

You buy at the price you deserve is the most profound statement of all time in the bitcoin community. I love it because in as much as it sounds like a mocking statement, it actually for me sounds positive and encouraging. Slow down, don't rush. You don't need to jump in if you haven't understood it yet or are not convinced. And for those, the naysayers who have had numerous opportunities to invest when the price was much lower, the statement gives a kind of like, "I told you so" vibes.  Whichever group you are, you will certainly buy at the price you deserve.

That’s a given fact, those who have bought bitcoin when its price dropped into $76k can confidently sell today and enjoy their massive profits. But for sure they’re smart enough not to sell their coins but will hold them even longer,  knowing bitcoin price will be even more bullish in the next possible days.

However, the opportunity continues when the market becomes more bullish. You can decide to buy through DCA, or even buy all at once, though it’s too risky but the reward is greater when you decide to hold your coins for longer years, like 5-10 years from now.