What would be the signs a big dip is coming

[jrrsparkles]

Huge rise in the bitcoin price at a short time is a sign of price crash is coming and when the medias starts taking about bitcoin negatively there will be price drop will occur.But there no specific way available to find predict the prices of cryptos.

[1714659746]

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[1714659746]

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[1714659746]

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[Apraksin]

Any idiot (and they surely abound in this forum) can say that a big dip will follow after massive unsustainable growth, but what help is that if you don't know when the big dip will hit in regards to price? When in bubble mode I never sell on the first wave since there is no way to predict the top, but I always sell a portion when the dead cat bounce reaches peak and starts to turn since in my experience that always signals a big downturn in cryptoworld. This cycle I held through all of Desember and sold at aproximately 16.000 USD  January 6th. This strategy has now worked for me through three bubbles.

At this stage we are well and truly out of the bubble part of the bitcoin cycle and the vacillating price reflects this. My gut and experience tells me the price will slowly slide downwards with occasional upwards movement like now, just like it has done in the interim between the previous bubbles.  This is why I have liquidated a portion of my BTC and will be ready to pick up fallen fruit when we slide downwardsand the market is close to dead. When it comes down to it the movement of the growth cycle is the only thing that gives you somewhat really solid hints about what is going to happen with the price, but it's macroscale.

That said I am 100% confident we will see further bubbles but when is a tough one to say, certainly there is no reason for a new one right now and Bitcoin does not do gradual growth well, Bitcoin grows in spurts, not gradually. Never listen to any newbie idiot who says stuff like "I believe we will slowly creep upwards to 25.000 usd during the year". Based on all experience it is a completely worthless prediction.  

[cluit]

I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

Being an investor of a volatile and decentralized digital currency, you must rely more on your experience and the price charts. As a trader, price charts are your companion and it will help you through your trading activities. I am not that professional in terms of trading though I know something that can help. Price charts gives pattern to traders that might help them, you can just read these article for it. Though I don't really know if this will help you or not.

https://www.tradingsetupsreview.com/10-chart-patterns-price-action-trading/

For someone who does not even know how to do some analysis, it is really not sensible waiting for any dip. I am sure the OP may be one of those who follow some signals from some traders to make their decisions. Follow other people signal is not good, because a point will come when you will just have to be able to make those decisions all by yourself.

For me, it is necessary for the OP to understand resistance and support, and then watch the price action on those spots, while using other indicators to make some final decision.

[PX-Z]

For me you should also rely on some crypto news site, because some crypto news can bring substantial bitcoin price changes. Like on what happened in India, there is a fake news that are spreaded in different crypto news sites that the government of India totally banned and strictly prohibited of using and trading all kinds of cryptocurrency in their country that caused the drop of bitcoin price.

[drachman]

I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

Most of the time when I see a price decrease it has to do with some negative news affecting the market, most of the time the news comes first and then the charts take a downturn if that is correct you will do better by watching the news regarding bitcoin and take the needed actions once you begin to see the movement on the charts, it is not the best method but it may work for some.

[jakezyrus]

I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

Most of the time when I see a price decrease it has to do with some negative news affecting the market, most of the time the news comes first and then the charts take a downturn if that is correct you will do better by watching the news regarding bitcoin and take the needed actions once you begin to see the movement on the charts, it is not the best method but it may work for some.

i agree, watching news can greatly help you in order to be more aware on whether bitcoins value can decrease or imcrease. news is somehow faster than any other online article and you can also assure that it is legit because they have a real source. They reputation may be at risk if they create such fake/hoax news.

so thats it, you should oftenly watch news in t.v in order to stay updated on what will be the next flow of the bitcoin market.

[gabmen]

I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

Most of the time when I see a price decrease it has to do with some negative news affecting the market, most of the time the news comes first and then the charts take a downturn if that is correct you will do better by watching the news regarding bitcoin and take the needed actions once you begin to see the movement on the charts, it is not the best method but it may work for some.

i agree, watching news can greatly help you in order to be more aware on whether bitcoins value can decrease or imcrease. news is somehow faster than any other online article and you can also assure that it is legit because they have a real source. They reputation may be at risk if they create such fake/hoax news.

so thats it, you should oftenly watch news in t.v in order to stay updated on what will be the next flow of the bitcoin market.

Yeah just keep yourself aware of what's going on around crypto world since news most of the time are broadcasted ahead. Be keen on gossips and rumors as well. You can't exactly know when time a dip can happen but you'll have ample time to prepare.

[Direwolve735]

I believe the growing cost of bitcoin transactions may be an early sign of the approaching collapse of the bitcoin course. The average cost of a transaction is calculated by the formula: the income of the miners, which includes commissions for transactions and rewards for blocks, divided by the total number of transactions over a period of time. In 2010 and in 2013 the average cost of transactions increased sharply just before the sharp collapse of the rate of the crypto currency.