Bitcoin. What is possibly happening

[Siren]

I think the next growth will happen before the halving. Before the halving, there will be one wave of growth and a wave of correction, and then after the halving, we will have serious ATH

I agree with you. It happened the same thing for two times during Bitcoin history, in the previous halvings. I believe in 2020 will happen the same thing.

Lol but that speculation didn’t happen in terms of market growth

The market has not deliver the wave instead the prices drops continuously until this very moment

And i believe that 2020 will not be a burden instead this will give another hope for the cryptonians specially bitcoiners like me who’s believing that the profit will be on our hands in that moment

[ajqjjj]

At present accumulation of bitcoin is happening around and the same is being done by the whales. This has made kept the market not moving forward, but staying within the $4000 margin. Maybe it'll break the barrier someday by which we can experience the growth, until then the same market scenario prevails.

we should expect a breakout if something positive happen and the whales change the direction of investing.  We are at the strongest bearish trend and to make a reversal is very difficult.  To invest now is somehow risky and that is why bitcoin has been in this condition for long.

I think you don't believe the upcoming pump because current dump was totally disappointing in many investors but this not an end. Some investors are afraid in this situation so my suggestion is try to hold one more month because we will see some positive uptrend in future. I hope Bitcoin is the right investment for any investors.

[markdario112616]

The price of bitcoin slowly begins to return to normal. We can observe its growth and this is very good news. But we should not rule out the possibility of a rollback.

I guess that small growth, isn't the beginning of the "normal" thing you think. It's more of the normal fluctuation of the rates, as you can see as of today, the rate of Bitcoin is back at $3.5K+ so that small growth you've observe is just a ordinary pump. Though, I'd agree the this is not to be considered as a possible "rollback" as said.


Mostly, at this rate, HOLD could be a good idea though if you'd want to take the risk, you seize this opportunity as the rates of Bitcoin is currently low. Just try to  play along with the fluctuations, I guess, if you'd want to have at least to earn. It may not be the high, but a smart strategy could be significant in this current situation.

[LUCKMCFLY]

Due to the movement of today, it is possible that the Strong Hands have hunted the Stop Loss of those who have entered long, therefore, they bought cheap and may be preparing an upward movement, just to test the offer at higher prices. This movement can have it ready, while the price can take some kind of lateralization, the price went down without volume, for that reason it is my way of analysis.

[omonuyak]

You open this thread long time ago but it is really we should understand that bitcoin cannot continue facing one directions and because of this we cannot continuously having bearish market or bullish market but remember the trend is our friend and follow the trend is the best investment decisions to make.

[sclmte]

The case of using BTC is one of the main reasons for mass adoption and price increases. Besides that, institutional investors are still in the early stages of investing in cryptocurrency space. Increased institutional interest will allow the price of BTC to soar in the future.