Solid Foundation For a Future Price Increment

[206 bones]

As we approach May. Demand increases due to the fear of loosing opportunity (FOMO).

The psychology of the participants gravitate towards the high possibility of a dramatic increase of the price. This assumption are based on many analogies which are born mainly from past performance & future scarcity environment.

This market mindset increases the momentum of the price rising due to a chain reaction:

FOMO --- increases ---> Demand --- increases ----> Future expectations -- increases ----> HODL ---- increases ---> scarcity ---- increases ----> price --- increases ---> Media & Public Awareness --- increases ----> FOMO & the cycle repeats.

We can have some gaps of doubt & fear but this is going to fade away as we approach the "hope" & "optimism" phase of the market cycle. Confidence will take over as we see more & more steady green numbers.

This gaps that occur in the disbelief market cycle I consider them to be at POMO (Point Of Maximum Opportunity)

When we have a chain reaction like this which is reinforcing demand previous to the stock to flow doubling. Scarcity cuts in half & the chain reaction increases in momentum, which will lead inevitably to a considerable price increment.

[jackg]

FOMO --- increases ---> Demand --- increases ----> Future expectations -- increases ----> HODL ---- increases ---> scarcity ---- increases ----> price --- increases ---> Media & Public Awareness --- increases ----> FOMO & the cycle repeats.

I don't think anyone disagrees with that being the cause especially at a run/blow off top, the question I'd wonder is whether we're already nearing the start of that cycle or not?

There can sure be minor cycles within other larger ones as there is probably one within the whole cycle so far (this is the hodlers). But we can say that the more the price moves, the more people want to get involved in the space especially when it's covered by media and the happier they seem to be to lose what they have in the hopes of gaining quite a nice return.

Coompare this to 2015/2016 where people saw 100x on their investment for example if they cashed out at the top. And if they didn't, wer're already back nearing 50x now.

[206 bones]

FOMO --- increases ---> Demand --- increases ----> Future expectations -- increases ----> HODL ---- increases ---> scarcity ---- increases ----> price --- increases ---> Media & Public Awareness --- increases ----> FOMO & the cycle repeats.

I don't think anyone disagrees with that being the cause especially at a run/blow off top, the question I'd wonder is whether we're already nearing the start of that cycle or not?

Yes we are. You can feel it in yourself. See it in youtube, in the media, in twitter. It's getting exciting. The market mind is transitioning from disbelief to hope. Confidence is increasing. After the halving there could be a slight correction due to high expectations. After this we could enter optimism phase turning into beliefe, thrill and euphoria.

There are fundamentals supporting all this logic. The price is not pumping on air as in 2019. It is pumping on real facts. The major one being a very powerful one, that it could be the last time the majority of people can obtain a hole BTC or a good portiong of it. There is no doubt BTC is competing as one of the best money in the world. This is huge. BTC "could" be massive in the future & that possibility will make many investors get in with venture capital. The potential for gains are far superior to the possible loses.

I think we are still in point of maximum opportunity.

[criza]

As we approach May. Demand increases due to the fear of loosing opportunity (FOMO).

The psychology of the participants gravitate towards the high possibility of a dramatic increase of the price. This assumption are based on many analogies which are born mainly from past performance & future scarcity environment.

This market mindset increases the momentum of the price rising due to a chain reaction:

FOMO --- increases ---> Demand --- increases ----> Future expectations -- increases ----> HODL ---- increases ---> scarcity ---- increases ----> price --- increases ---> Media & Public Awareness --- increases ----> FOMO & the cycle repeats.

We can have some gaps of doubt & fear but this is going to fade away as we approach the "hope" & "optimism" phase of the market cycle. Confidence will take over as we see more & more steady green numbers.

This gaps that occur in the disbelief market cycle I consider them to be at POMO (Point Of Maximum Opportunity)

When we have a chain reaction like this which is reinforcing demand previous to the stock to flow doubling. Scarcity cuts in half & the chain reaction increases in momentum, which will lead inevitably to a considerable price increment.

Well said bro, this also summarizes the very essence of the law of supply and demand. Also, introducing new concepts and ideas or factors that might have affect the standing of a crypto currency.

As the day progresses towards the month of may where the halving event would happen, I don't understand why the price of Bitcoin is on a downslope, what could be the possible reasons about it?  Certainly a normal person like me would think that "isn't it suppose to be increasing?" because people are more likely to store Bitcoin and preparing for the halving? but, it doesn't seem to be happening. But, at times like this, we should believe in the standing of Bitcoin. Hoping the value of Bitcoin would not dump into its lowest this year.

[jackg]

I'm not sure much has really changed, we're the fundamentals not strong over the past 2 years? We had a lot of new innovations in the space. Most still exist now though....


It will be interesting to watch/trade an upcoming cycle since we're almost alligned with where we were in 2016 at this time (if not earlier then than we are now). Which means, if the current trajectory continues we could see ~$16k in july/August if too many hearts haven't been broken before them and withdrawn from the race...


I don't follow mainstream media or twitter so it's interesting that theyre covering this sort of stuff already...

[exstasie]

I'm not sure much has really changed, we're the fundamentals not strong over the past 2 years? We had a lot of new innovations in the space. Most still exist now though....

Bubbles have nothing to do with fundamentals. They are almost purely psychological. By the same token, Bitcoin's fundamentals have always improved during bear markets.

Accumulators buy up the supply at the end of bearish cycles. Then they withhold supply, driving the market upwards. Rinse, repeat. Assuming demand is growing (and it should be if adoption is growing) this will inevitably lead to these bubble/bust cycles.

[206 bones]

Well said bro, this also summarizes the very essence of the law of supply and demand. Also, introducing new concepts and ideas or factors that might have affect the standing of a crypto currency.

As the day progresses towards the month of may where the halving event would happen, I don't understand why the price of Bitcoin is on a downslope, what could be the possible reasons about it?  Certainly a normal person like me would think that "isn't it suppose to be increasing?" because people are more likely to store Bitcoin and preparing for the halving? but, it doesn't seem to be happening. But, at times like this, we should believe in the standing of Bitcoin. Hoping the value of Bitcoin would not dump into its lowest this year.

Thanks.

Don't let fear or doubt get in your mind. See this corrections for what they are (opportunities). If your positions are set, you are safe. If not, I would buy at this time. 9k it will become history. And no, we won't see the price dropping even closer to lowest. Is not possible, because to many people are optimist about the price for the near future. The HODL is hard due to increase in perception of the value of the asset. We are in a very scarce enviorenment which only protects investors.

This corrections are natural and they happen all the time, is because the price was rising faster than it should have.