crzy
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March 01, 2018, 03:25:41 AM |
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There is no specific way to know if bitcoin will dump but yes FUD news is the easiest way to do so. Those who bought at a lower price are lucky, but those who sold it because its dumping are the real looser. Don’t just depend on any sign or what, make your own study on how to read the market.
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batang_bitcoin
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the easiest sign of an upcoming big dip is a big rise!
Plausible! A dip is expected to come when there's a big pump that recently happened and this is what's on my mind when we got in to $19,000 but I'm a fool that I became greedy and sold only few of my bitcoin. If I just followed my plan and executed it very well, probably my one bitcoin is already two now. I'm also not convinced that people who manage to buy into dips are that much smarter than others. Luckier, perhaps.
I'm impress with people who will support their decision of buying at dip with proper TA but if there's none, its pure luck.
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gabmen
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March 01, 2018, 05:48:55 AM |
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There is no specific way to know if bitcoin will dump but yes FUD news is the easiest way to do so. Those who bought at a lower price are lucky, but those who sold it because its dumping are the real looser. Don’t just depend on any sign or what, make your own study on how to read the market.
Usually technical analysts use the charts and read candlesticks to try and predict where the price will go but time and time again, btc has debunked a lot of predictions. I agree that its more reactive to news in the crypto world than TAs . So be aware of what's going on around bitcoin
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timerland
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March 01, 2018, 06:02:39 AM |
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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?
If you knew the signs, why bother speculating? Everyone would just follow the trends for the pumps and the dumps and act before it actually happens. Some signs could really go both ways, such as sideways movement of bitcoin. It could mean that it's just consolidating before the next big pump, or it could be testing support at a lower level. There is no definitive sign of a big dip coming. But usually, if you see the price of bitcoin increase for no reason other than sheer speculation, you can most likely be sure that it's a bubble, and a correction is imminent sooner or later. Matter of time, really.
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wuvdoll
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March 01, 2018, 10:25:35 AM |
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The behavior of the cryptocurrency has no templates. No one can predict the behavior of prices. Trading cryptocurrencies are not governing factors. Simultaneous actions of whales can change the behavior of the market in any direction. The success of the cryptocurrency market is more dependent on luck.
Far impossible to predict, but for someone who is knowledgeable on how to make use of the charts and indicators, as well as support and resistance to their advantage, they should be able to make some decisions based on that effectively. We are always expecting an outcome, and the thing with trading is to keep asking yourself that, if this happens, what will happen next and that is how you are able to analyze. One thing you should always understand is that, unless you are just gambling your position, the market one way or the other will always be a few steps ahead of you to confirm a position and also one of the reasons you do not joke with your stop loss. However, if you are looking for a dip, you should be ready to know how to analyze candles, understand bearish situations as well as divergence, and with that, you should be able to get into a market that is about to switch to the downtrend, but the market will always give you time to make that decision.
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Shamie1002
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March 01, 2018, 11:36:32 AM Last edit: March 01, 2018, 12:02:59 PM by Shamie1002 |
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I am not of an expert too but in my own experience as a short time trader, if there is a big oumo and reach a maximum point, there will probably be a dump. Maybe for a reason of some gets really worried and just want to get all the profits out before anything happens and when there are a lot of people selling, then many would panic sell. These kind of things always happen and everyone could notice it to happen. A single FUD could bring the price down in a single blow you know.
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airdagon
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March 01, 2018, 12:53:22 PM |
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IMO this year there is no sign of anything (increase or decrease) if there is a big rise there is likely to be a sudden price slump and vice versa. the situation is still normal. pretty hard to see such a thing, only in 2018 there will be many unexpected surprises because a little bird told me about something like this before.
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ThePunisher49X
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March 01, 2018, 05:11:23 PM |
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Looking over the thread I am kind of surprised no one mentioned a dip happens when there is a fork of a new coin for that particular cryptocurrency.
Naturally I thought it halved the amount of the currency in question right after the fork on the blockchain occurs but after the last time it happened to bitcoin per se. That did not happen like it does for stocks when they create an A and B product of the same stock that has become to large to manage under one symbol on the stock market.
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imapessimist (OP)
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March 01, 2018, 06:10:17 PM |
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There is quite a rise now in the last few hours. Will there be a dump? I think that's anybody's guess. Looks as if at least 11k is likely. Then people might take profits.
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iv4n
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March 01, 2018, 07:46:17 PM |
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Looking over the thread I am kind of surprised no one mentioned a dip happens when there is a fork of a new coin for that particular cryptocurrency.
Naturally I thought it halved the amount of the currency in question right after the fork on the blockchain occurs but after the last time it happened to bitcoin per se. That did not happen like it does for stocks when they create an A and B product of the same stock that has become to large to manage under one symbol on the stock market.
Looking over the thread I am kind of surprised no one mentioned a dip happens when there is a fork of a new coin for that particular cryptocurrency.
Naturally I thought it halved the amount of the currency in question right after the fork on the blockchain occurs but after the last time it happened to bitcoin per se. That did not happen like it does for stocks when they create an A and B product of the same stock that has become to large to manage under one symbol on the stock market.
Because after bitcash was forked price went up it didn't drop. You are mixing stock market with crypto market, two totally different things, you can't do that. They have similarities, same things can inflict bitcoins to change, but product is different and that changes everything. Knowing where is the top and when is the dip is what makes someone a good and profitable trader. Usually price is going down due high supply, when big players are dumping a lot of bitcoins, they usually trigger panic selling and people start to sell to, high supply low demand and you have falling price. Big players are the one who use money from selling on top to buy back bitcoins again, same amount and they have profit of they buy more bitcoins its what they decide. How to know when is that happening, try to follow blockchain and search for big transactions, you have some sites with information's about it. News move price up and down, but tops and dips are created from supply and demand, and people who can manipulate with that.
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analogbit
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March 06, 2018, 06:36:29 AM |
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I think bitcoin is going to break out to the upside. Look at the following image: https://i.imgur.com/oSrmpoB.pngIt's been trading within a narrow channel that points downwards - but has just broken the upward wall of the channel. To me that signals a break upwards. If it had broken through the left hand wall downwards, that's when a big dip would have happened. Your image was not even connected well as at the time you posted this. The price already broke out of the trend and trading above it now. It has also tested this trend so many times already and bounced off it. A retrace is normal and all we need now is to see us go back to test the $12k resistance and I am expecting we break it. Nevertheless, the market is looking good now and all these may take some days to play out.
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alyssa85
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March 06, 2018, 10:43:07 AM |
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If volume increases suddenly and the price starts trending downwards, we're likely to see a dip as selling pressure gathers momentum. We saw something like this today with a $500 move downwards.
Bitcoin seems to be holding on to $11,000 for dear life though.
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removebeforeflight
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March 06, 2018, 10:54:12 AM |
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No body can predict dip or high price trend for crypto market. However, post Christmas and during Chinese holidays we can expect a dip in all crypto currency prices. This often happens in January until February mid week. Apart from that some negative news may impact but cannot expect less than 30% less price during these times.
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andreijoaquin
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March 06, 2018, 11:04:34 AM |
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For me the best sign that a big dip is coming when the fluctuations seems to move in one direction and continuously tracing the pattern for almost a month. Though it's really hard to predict bitcoin price, looking at the graph might help while continue supporting the market. As what they say if demand will go up, and so as the price.
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Getcoinsite
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March 06, 2018, 11:38:27 AM |
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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?
sorry to say.but theres no indication every single minute is possible dip,or possible growth..because if everyone know when would it happen.all of us will withdraw soon as we hear the news right?so what will happen to market if thats the case?
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lablab03
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March 06, 2018, 03:10:40 PM Last edit: March 13, 2018, 06:03:31 PM by lablab03 |
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Unfortunately no one knows .Because to be honest if there's a sign before it falls, probably there's no losses on it ,which is we can sell before it falls. And for sure we will be comfortable if bitcoin fluctuation has a sign. Because no more worries and less stress on it . But the fact is there's no signs on it and the volatility of price is very unpredictable, that's why we need to learn some basic technical analysis to prevent loses from it.
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Wandika
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In CryptoEnergy we trust
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March 06, 2018, 03:29:54 PM |
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Unfortunately, no one knows.Because to be honest if there's a sign before it falls, probably there are no losses on it, which is we can sell before it falls. And for sure we will be comfortable if bitcoin fluctuation has a sign. Because of no more worries and less stress on it. But as the fact is there are no signs on it and the volatility of price is very unpredictable, that's why we need to learn some basic technical analysis to prevent loses from it.
This! If there will be some app who will know the news in all over the world in advance then it may be easier for is to calculate whether there will be the dip, we depend more in news than in charts analysis.
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Tigorss
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March 06, 2018, 03:44:16 PM |
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The behavior of the cryptocurrency has no templates. No one can predict the behavior of prices. Trading cryptocurrencies are not governing factors. Simultaneous actions of whales can change the behavior of the market in any direction. The success of the cryptocurrency market is more dependent on luck.
Bitcoin has officially reached $ 9,000 today, due to massive user adoption of hedge funds, futures markets are soon released and increasing number of users. Ironically, many in BitcoinMarkets expect prices to fall towards the end of the week, partly because US banks are closed. However, over the past week the price has been showing strength, consolidating at a low $ 8,000. Twice the price had dropped to the range of $ 7,800, but the decline was quickly purchased.
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1Referee
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March 06, 2018, 03:45:17 PM |
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Bitcoin seems to be holding on to $11,000 for dear life though.
It already dipped below that. If we remain above $10774 (Bitstamp) we'll likely maintain a range a good bit above the $10,000 level, which allows traders to book profits repeatedly as long as the range remains unharmed. If we go down further from here, and thus break out of the aforementioned range, we'll likely be up for another $10,000 test. For a long time now, it has been a constant battle between supply and demand, but I am very confident when I look at the charts indicating fierce demand strong enough to keep pushing the price back up to +$10,000 levels. I would say that the demand is the strongest between $9000-$9500, mildly strong just around $10,000, and wobbly when it comes to any level above $10,000. I don't see it become any different without a major bullish trigger.
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matuson
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March 06, 2018, 04:42:38 PM |
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I think the whales bought a lot of coins for $ 6,000. Now the price of bitcoin will grow. In this way the correction will be but it is only a short-term phenomenon. Everyone who holds their coins will be able to sell them this year at 20K+ dollars. You always have to have patience.
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