Quickly accumulate Bitcoin before the market breaks down 6K$ in the second 2019

[tspmhack6]

Bitcoin price (BTC) will soon increase again, but investors need to accumulate more coins before the second half of 2019, quoted Fundstrat Global Advisors, a market strategist on May 3.

In a statement to customers on May 2, Fundstrat analyst Robert Sluymer said that while strong signals show that the market is rising strongly, the accumulation of coins has not ended. The BTC / USD pair has risen sharply during this week to reach the peak of 2019 on Friday, continuing on the way back to position in November 2018.

Take advantage of the market adjustment period to continue accumulating Bitcoin in the second quarter of the year in case the market breaks the 6000 USD barrier in the second half of the year." Mr. Slyumer continues to warn there will be short-term fluctuations

What do you think about the above statement?

[mk4]

If there's something I've learned in the last 2 years concerning trading and concerning these so called "market analysts", is that I should never listen to these "analysts". Maybe listen to them if you have a thing with fortune tellers and magic crystal balls.

[Beerwizzard]

And how they see the process of accumulation of coins? To get a price increase someone have to buy BTC, to accumulate BTC (considering that all of those investors are not trading secretely somewhere outside of exchanges) you also have to buy it. So in this case the process of accumulating BTC would immediately trigger the BTC growth without waiting for anythinf else. So if someone is accumulating something then we should witness a price increase.

[pakhitheboss]

Most of us in this forum are either HODLing or accumulating Bitcoin as we know that the price of Bitcoin will go above the All time high of 2017.

Yes, the price of Bitcoin will rise because of Halving and FOMO and we can all expect it to set a new All time high by the end of 2019.

There is nothing new about the statement. If you have been following this forum daily, we all are discussing about Bitcoin price from the beginning of 2019.

[Snaic]

If the upward trend in the market continues, we will be able to see the price of bitcoin at $ 6,000 more this month. Also, Bitcoin can grow in price over the course of the year, although we do not expect strong market growth yet. At the same time, buying Bitcoin or other types of promising cryptocurrencies is the right to choose each of us. Sometimes a coin or token can grow in price much higher than bitcoin. There are tokens that have grown in price by hundreds of thousands, and some millions of times.

[Ailmand]

We should learn from the bull run last 2017 where most of us have failed to accumulate Bitcoin at the affordable price. We've got a lot of chances to buy during the bear market so if you're a wise holder, you should have accumulated enough until the bull run. The strong increase of the market is just a positive sign that we could reach the market situation that we're all waiting for.

[Genemind]

I'm sure that most investors are well-prepared for the bull run. Since they have known and witness how the market could change and move in just a short span of time, they have surely stored and accumulate Bitcoins and altcoins as their holdings. The 2017 trend now serves as a guide for most of the holders.
However, there are still investors who aren't well convinced that the sudden strong changes are the beginning of the bull run. They still want an assurance.

[xvids]

If there's something I've learned in the last 2 years concerning trading and concerning these so called "market analysts", is that I should never listen to these "analysts". Maybe listen to them if you have a thing with fortune tellers and magic crystal balls.

True , It is just like listening to those crystal balls ,
We shouldn't always follow them you should learn to know what to do on your own.
Those market analysts that just tells you to buy without even a good proof is just making some hype.
There is a reason why trading have a chart learn to use it so you wouldn't fall for those sweet talks about having a profit if you follow their calls.

[teejayrichard2]

When i want to invest in anything, i follow my instinct as i don't listen to these analyst. They maybe wrong, they maybe right. If you want to invest in bitcoin, do that because you willing and ready to take the risk, not because of what an analyst said. We have seen these analyst make wrong analysis in the past, so we just need to be more careful with these guys.

[Haunebu]

I'm sure that most investors are well-prepared for the bull run. Since they have known and witness how the market could change and move in just a short span of time, they have surely stored and accumulate Bitcoins and altcoins as their holdings. The 2017 trend now serves as a guide for most of the holders.
However, there are still investors who aren't well convinced that the sudden strong changes are the beginning of the bull run. They still want an assurance.

The 2017 bull run was a rare event and there is no guarantee that such rare events will repeat after regular intervals which is good since inorganic growth is bad for the crypto ecosystem on a whole.

The organic growth of BTC at present is what we all desire and that is how it will stay most likely. Forget these analysts and their predictions.

[thankyoulord]

These analyst should for once allow people / investors invest their money in something based on their own decision instead of always coming up with analysis which is always 50/50. In the past i followed these analyst and later realize they just speculate and say things based on their own understanding. In the end we alone own our investment and should take decisions on our own.

[MirkoIta]

And how they see the process of accumulation of coins? To get a price increase someone have to buy BTC, to accumulate BTC (considering that all of those investors are not trading secretely somewhere outside of exchanges) you also have to buy it. So in this case the process of accumulating BTC would immediately trigger the BTC growth without waiting for anythinf else. So if someone is accumulating something then we should witness a price increase.

I think with their "analysis" they hope to push people to buy BTC to accumulate while they dump their coins.

[Nivia1st]

I think if bitcoin can break, this will make the market better. fluctuations are normal when the market starts running. I'm sure if bitcoin can reach 6k in Q2, and maybe in Q3 the price will go up high and almost all altcoins will increase

[Adriano2010]

I think also bitcoin will reach 6000 $ this month, and people should accumulate not for only 6000$ but for longer time, and they always should invest only money they don't need, because until a bull run will come is good to hold and wait.

[DreamStage]

First of this topic should be moved to speculations and not into Bitcoin Discussion.
Second, predictions are only predictions my friend. But those give some incentives on peoples investments as for new investors to show up and start buying just because someone "said" it will reach a specific price.
That's how pumps start. But take aknowledge on why the price rises and lowers before taking any immediate conclusions.

[tspmhack6]

I think also bitcoin will reach 6000 $ this month, and people should accumulate not for only 6000$ but for longer time, and they always should invest only money they don't need, because until a bull run will come is good to hold and wait.

It's great when you think like me. And those who believe in Bitcoin always believe that 

[huhhuh18]

You know one thing every day that we yell we have a bull run coming, we're not gonna get there that early because te market generally hates that. All people thinking same can make the price tank again...nevertheless, we'll rise up

[creeps]

If there's something I've learned in the last 2 years concerning trading and concerning these so called "market analysts", is that I should never listen to these "analysts". Maybe listen to them if you have a thing with fortune tellers and magic crystal balls.

TA is mostly shit in crypto as well, if it was so simple to predict the market everyone would do it.

Higher volatility makes TA untrusted but again it is still good to have an analysis before investing. The price can go down or up and its up to you whether to buy more now since everyday the price are getting stronger. We can break the resistance level on $6k if there’s a more good news, or if the right time has come.

[LUCKMCFLY]

Well, according to Wyckoff's theory, I rely on analyzing the market and now the market phase is in Accumulation for a long time, now at $ 6K it is taking a value or entering the corresponding phase, but it can rise even to $ 9ky it is still in the accumulation phase due to the area of ​​opportunity that is there.

I do not follow predictions from others, but if we analyze the market, we should know very well that at the end of the accumulation stage there must be at least 70-80% of accumulated Bitcoins, but the fact of accumulating them before $ 6k for me does not have It makes a lot of sense, because in the same way it can fall again.

Bearing in mind that Wyckoff's theory establishes a Spring zone, there is a good chance that this area has been given or is about to occur, although it may vary, but in the market nothing is written, and in Crypto everything is possible.

[mk4]

If there's something I've learned in the last 2 years concerning trading and concerning these so called "market analysts", is that I should never listen to these "analysts". Maybe listen to them if you have a thing with fortune tellers and magic crystal balls.

TA is mostly shit in crypto as well, if it was so simple to predict the market everyone would do it.

It sure quite is. I wouldn't say TA is useless with cryptocurrencies, but TA is far less unreliable with cryptocurrencies compared to some other stuff like stocks and other assets.