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I am currently bullish on bitcoin and hoping the market recover soon. We don't have any reason why bitcoin should fall and going below $4000 is out of the equation. Bitcoin might get better before the halving if the covid19 pandemic is reduced to controllable major.
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Ethereum cannot just get boom outside bitcoin and other cryptocurrencies. We are going to see another level of price movements very soon if people started to understand that this is the only financial market that government does not have control over and in time of recession it is going to serve as a safe haven.
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Bitcoin has proving that it can be hedge against pandemic! It might not be created for that but by some of the things that we have used bitcoin to achieve it can be a really hedge. I prefer to hold bitcoin than any other assets during this pandemic.
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The recent collapse of ETH and BTC have destroyed the entire crypto market also it is important to keep in mind that ethereum is clearly showing signs of downfall so guys there are possibilities of ETH as it might go till $80 as the market is in deep struggle guys happy days will be back again and wait for your day.
ethereum did not get that low before it recovered throughout last week. I do so another bull run before bitcoin halving if the current financial intervention by the financial authorities of most of the popular countries happen. We are at the time when things are going to get better in cryptocurrencies market. |
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So it looks like Govs are going to use thus covid-19 to be the pretext for seizure and redistribution of whatever it takes, cash shares gold, your hoard of stuff.
The markets going to digest this in about 2 months and pile into BTC as fast as humanly possible when they work out its the one think gov's cannot take, even from your cold dead hands.
Predicting massive surge incoming.
I would go as far to say this could make it or some other cryptos go to the $300K plus
I wish this your speculation come to past in the next two months. I see governments trying to rebuy bitcoin as best price as possible in other to get large quantities as possible. We are at time of indecision in the market and this indecision level may last for the next two to three months and from there we would great explosion in pricing. May we keep holding till then. |
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Bitcoin was designed for situation like this, If you look closely at one hour chart you will find that it is now consolidating very hard with enough volume, which is a clear indicator of upcoming good times. Though it is still very childish to expect that bitcoin will replace the whole fiat world soon because cryptocurrency in general are very young. Now there is a paradox and we need to understand it very clearly,
If we want to see the high bitcoin prices, this is the time to have unshaken belief instead of preparing for safe and quick exit. Hold on to whatever crypto you have invested in. this is the test.
I believe that if we can hold on this time, future is bright.
I agree with you that bitcoin was designed for time like this and many have started to understand it. I believe that in weeks and months to come people will start seeing the reality of what bitcoin was make for. It might still need to go towards $6000 in other to gather enough momentum for the next upward push and that may be when governments started pump money into the economic. |
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The reason why bitcoin get dumped along other assets on 13-3-2020 was largely due to comments by Trump that the world may go into recession because of covid19 and bitcoin first experience recession has to fall along gold, stocks, commodities and forex. It has happen before and bitcoin at $6700 is still very reasonable. It will recover very soon when covid19 effects has reduced. |
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Now is actually the time to hold and buying more. The covid19 will soon be a thing of the past and very soon it infect on the world economy is going to die down. I believe that bitcoin is going to be the best beneficiary after the virus is bring to an uncontrollable level
Now is the time to buy and not to sell.
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hay everyone  are you ready to see BTC hit 100k$ this year?? i believe after covid 19 is end all stock markets will be green and BTC will going strong bull run. at the moment "worldwide" investors is loss and needed short recovery after covid19 is end. BTC is perfect currency for recovery crisis monetary in the short term caused by covid19 Bitcoin has never performed well in January and I believe if it is going to be above $100,000 by January 2021 then in December 2020 it should be above that. I see halving the major reason why bitcoin should bull in 2020 and 2021 as the bottom has been fine around $5000 after the dumped. Covid19 will soon be a thing of the past like most new virus that has caused havoc in human history. |
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It is extremely difficult for someone to predict this market accurately and that makes it somehow for me to say were ethereum will be. It is important for us to see majorly how this market has recovered from dump in the past. I strongly support the views of those that believe that what matters to make money from this market are patience and smartness.
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It seems many scammers are now aware that people run away from too good to be real investment plans nowadays, now they are ready to give fair percentages too just like legit projects
It came to my attention today that many Nigerians fall victim to a crypto fund company in Nigeria where thy are promised 2% daily and 14% weekly, according to my source she never knew the offer was scam because the offer was fair enough, she made a big mistake to have invest a whooping thousand and half dollar in the project, to me this sounds like another MMM stuff but the returns are really fair, well there you have it, this is enough to confuse those who thinks fair returns means project is legit, you are damn wrong
I totally agree with this and could remember how many million was pump into mmm that almost created problems for many African countries. However, I still see many people fall victim of this ponzi scheme and many of this high yield investment has come out after mmm with modification in term of percentage pay. It is better to buy bitcoin and hold than some of the scam investments that are coming out daily. |
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Now that the case of covid 19 is heating hard on the world economy I think bitcoin is going to be the safe haven. I also believe that bitcoin is been studied by most of the powerful investors around the world as they cannot continue keeping their funds in stock or commodities market. The effect of this recession on bitcoin is going to be revealed after the halving.
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On this day, 1 year ago on 8th March 2019... 1 Bitcoin = $3,871  Here is how far and wide we have gone in the last 1 year. Now bitcoin being tested as an asset class in the current global turmoil of coronavirus and rate cuts. Where do you think it will go from here? Thank you for reminding us this and it is a sign that no matter how the volatility bitcoin is we would have correlation and pumping time to time. It is a market that only depends patience to make it. If you are not patient enough I will encourage you not to ever get close to bitcoin and other cryptocurrencies. I strongly agreed that this time nest year bitcoin will be far better than we're it is now. |
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It is still very possible for bitcoin to fall to $3880 and even below but that is not what matter. It is how bitcoin do recover from it downward trend that matter and it is patience we need more than any trading strategy in this cryptocurrencies market. I believe that bitcoin is far better now than stock and commodity market.
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For you understand and can fine both the top and the bottom with ease it is better to trade then holding. I have been following the cryptocurrencies market for more then four years now and it is obvious that if you follow the up and down of the market you must have made serious money by now.
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Bitcoin has crossed the red line yesterday and the ability of it remains above $6000 for the past 24 hours is an indication that the bear are losing ground on this. Some traders are coming back into the market such bitcoin allow us to trade from home. It is truly time to buy and keep buying as from now till may is time to watch on.
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Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
I do seriously agree with you and the current price my be the lowest price before cryptocurrencies market began to get attention it deserves. I am happy that professionals are encouraging people to keep on holding instead of selling out of panic and fear. Cryptocurrencies is created for conditions such as the current world's condition and I do believe that very soon we will began to see reason why we should buy bitcoin. |
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During the past 8 days Ethereum price went up by 22.5%, more so than usual. Currently at $190 at the time of this post, and there is a huge SELL ORDER on Binance at $195.  IT already broke $195 mark yesterday but went no further. Another factor is that it's been trading very heavily with Velocity reaching over 15%.  Is ETH ready to push through $200 or is price correction due to happen? Thoughts? It is not only ethereum that is highly volatile but all the coins. Whatever happens in ethereum is always a replicate of what happens to bitcoin. That is why I keep on telling friends that the cryptocurrencies market in general needs a new trading approach and if you used traditional trading tools or indicators in trading it you might be wipe out of the market. |
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Bitcoin halving combined with this bitcoin price halving will surely leads to greater rise in price
Less bitcoin earned by miners --> Price of bitcoin is less --> Miners refuse to sell at loss --> Lower seller means buy pressure is high --> Buy pressure is high means price is high
Bitcoin halving has been the major reason why bitcoin pumped in price and no matter what happens we should still hope that halving is still going to influence the market. If not the covid19 issues we should have see bitcoin above $11,000 by now but because of this apidemic we are having bitcoin down. However hoping that things get better in days and months to come. |
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Many altcoins are being converted to usdt, usdc, busd and pax. I think the covid19 is the major reason why their are trying to cover the lump hole. Maybe this might create more dump in price as I keep seeing more stable coins been minted and printed daily.
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