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Author Topic: Bitcoin needs to be in a bull market before the halving  (Read 504 times)
gabbie2010
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March 06, 2020, 03:22:46 AM
 #61

Don't worry guys, the bearish session will be there till we cross back above $10250 and this time, there's no stopping as BTC will bounce very hard from $8700 area. It just needs to hold near there as I've been saying it all the time before, and once the pump starts, the next target I'm looking towards is not less than $11750 and furthermore towards $14500. FUD has been surrounding by many that it may be dropped down towards $6k and even less and we are awaiting a crash till a new low is determined and whatnot, don't fall for the bearish trap this time and hold your BTC tight - nothing's gonna crash as BTC is not going to get affected by Coronavirus unlike major stocks which got a hard hit.

We are still in the $8700 range, $8900 2 days ago. Still a long way to go for $11750 but we all know that most of the time when we least expected, the market suddenly goes on a bull run. So let those FUD continue, because I'm sure there will be a time that people are going to be tired on this, and on the contrary would rather build their portfolio in this bearish trend.

As bearish also continued to create resistance on this periods, fud will also build it's momentum in order to create more diversions for now. But what I view in this current situation, the recent market fluctuations that turned a declined trend was a part of corrections. No need to worry all about because the price stabilized at that certain price. There's a huge potential to see more increasing value that might happen sooner, beat the bearish trend totally.
Many supports had held the bears from  going down a good indication that the bulls are very much in the market presently the price had been rejected by a strong support at $8400+ thus pushing the price upward it becoming glaring that the correction is coming to an end a clear ipoint to the fact that a huge price rally is imminent.
The price would be bullish before the upcoming coming halving.

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pooya87
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March 06, 2020, 08:00:25 AM
 #62

A lot of burnt people want to get out with minor losses or a little profit. The climb to $20k will not be a straight line.

true, but that only happens right before the previous ATH long a long ways before it. look at the previous ATH at $1200 which was broken in 2017, the rise to $1000ish was its own trend and sometimes it was even straight line but the closer we got to that ATH the harder things got and there were even drops after it was broken but it didn't last that long. eventually the overall bull trend overcomes all the sells.

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Oasisman
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March 06, 2020, 09:04:08 AM
 #63

~snip~

We are still in the $8700 range, $8900 2 days ago. Still a long way to go for $11750 but we all know that most of the time when we least expected, the market suddenly goes on a bull run. So let those FUD continue, because I'm sure there will be a time that people are going to be tired on this, and on the contrary would rather build their portfolio in this bearish trend.

These fudsters won't get tired of posting bearish news and speculations, same goes with the bullish people who only come out during the price is on a rising trajectory or when there's a special events such as the block halving that could potentially make the Bitcoin price skyrocket.
Currently, Bitcoin is really struggling to hit the 5 digit figure again and struggling to initiate a bull trend. Though I am not expecting the bull to come before the halving, instead it might come after.
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March 06, 2020, 11:05:56 AM
 #64

Finally, we see bitcoin price can break $9k level, and it still up and down at that level. We might see another high price in the next week, but we can also have a chance to see if the bitcoin price will go down again. And for people who already buy bitcoin at a low price in a few days ago can take their profit from now on by selling their bitcoin. But they can still hold their bitcoin for more if they are want to sell bitcoin later when the price increase for more.

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March 07, 2020, 06:23:38 AM
 #65

Finally, we see bitcoin price can break $9k level, and it still up and down at that level. We might see another high price in the next week, but we can also have a chance to see if the bitcoin price will go down again. And for people who already buy bitcoin at a low price in a few days ago can take their profit from now on by selling their bitcoin. But they can still hold their bitcoin for more if they are want to sell bitcoin later when the price increase for more.
I think we really need the price of bitcoin for the pump before halving arrives. this is to make our spirit increase in holding bitcoin. however, if prices decline before halving, it makes us insecure.
In previous years, there were 2 possibilities that happened, that the price of bitcoin would increase 2x in the halving year, ie before halving arrived, and at the end of the year. I hope that will also happen in the upcoming halving this year.

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March 07, 2020, 11:59:02 AM
 #66

Finally, we see bitcoin price can break $9k level, and it still up and down at that level. We might see another high price in the next week, but we can also have a chance to see if the bitcoin price will go down again. And for people who already buy bitcoin at a low price in a few days ago can take their profit from now on by selling their bitcoin. But they can still hold their bitcoin for more if they are want to sell bitcoin later when the price increase for more.
I think we really need the price of bitcoin for the pump before halving arrives. this is to make our spirit increase in holding bitcoin. however, if prices decline before halving, it makes us insecure.
In previous years, there were 2 possibilities that happened, that the price of bitcoin would increase 2x in the halving year, ie before halving arrived, and at the end of the year. I hope that will also happen in the upcoming halving this year.

Sure, that will happen later, but unfortunately, we need to be patient and still hold bitcoin because until now, bitcoin price does not increase or getting heavy pumps at the market. However, the chance to see the pumps will wide open because I am sure sooner or later, the pumps will come, and that can make the price break $10k. I think the price will really increase so high after the halving arrived because, in the last halving, we see that the price can rise to the highest price after one year of the halving. So we'll see it later Grin

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