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Author Topic: This Is Your Last Chance to Buy the Dip Before Bitcoin Pierces $20,000  (Read 655 times)
ppblockchain (OP)
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July 02, 2019, 03:26:32 PM
Last edit: July 09, 2019, 11:48:28 AM by ppblockchain
 #1

In early May, we accurately predicted that bitcoin would trade above $11,500 before the end of 2019. The leading cryptocurrency breached that level last month, recording a fresh yearly high above $13,000. Since then, BTC has been correcting and is back trading near $10,000.

Read more : https://paperblockchain.com/this-is-your-last-chance-to-buy-the-dip-before-bitcoin-pierces-20000/
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July 02, 2019, 04:20:57 PM
 #2

So you think that we already in the bottom of this run?
In my opinion, we are going to hit another low around 8k before bouncing back again. There are many people who wait 14k to exit the market, we saw that when the price nearly touched that level.
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July 02, 2019, 05:08:04 PM
 #3

if most people used these "last chances" to "buy the dips" then we would have never seen all those big FOMO buys where they panic and start pouring their money in after the price had gone up a lot.

Bitcoin Price Could Sink to $7,400 as Traders Secure Profits
well you were all saying the same thing when price was in the $3k range. everywhere you looked some yellow website was predicting $1000 with their wedges and all the lines they drew on the charts Wink

There is a FOMO brewing...
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July 02, 2019, 05:20:35 PM
 #4

See OP,
I really liked your suggestion.
But according to me the BTC price can't be predicted.
Usually the Price depends on the marketcap or trading volume.
When this increases the price also increases. And when it decreases the price too does the same.
So if you are ready to bear losses, you can take risk and buy btc, else who knows when will btc fall down.
Good luck to us.

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July 02, 2019, 06:40:21 PM
 #5

Where's the bottom of the dip? Smiley

The $9,650 area wasn't on my radar as a key reversal level. Strong bounce here but for me, this is no man's land. I don't see a high probability bullish structure to buy yet and we didn't reach any of my knife catching levels. The current price action is inconclusive for me. Still waiting for the next big swing trade after buying the $10,500 area and selling the bounce last week.

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July 02, 2019, 06:56:43 PM
 #6

When viewing these dips we must consider the quality of money that is now selling.   A large part of activity on any market is 'hot money'  which must sell as it is borrowed and cannot simply hold onto a price move which has gone against that bet.

There is some leverage in Bitcoin due to its rapid rise and quick returns, this encourages people to leverage their gains far past what they would receive just using their own money.    So every dip is forced selling to some extent, its impossible to tell for sure when the price falls where it may stop.     The more predictable line is very much slower rise of the long term pricing for Bitcoin which is in time with the halvening to block rewards.

Since the pace of that move is over a year away I think there is still plenty time to average in prices each month rather then expect any last dip to occur right now.   The hot money makes spike up and down and the slow money is the average curve where truely buying occurs for holding not trading as much.

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July 02, 2019, 07:33:24 PM
 #7

Witg bitcoin price volatility, you never know when it is low/high in the short run. But if you consider it as an investment, you will find that any price is the dip in the long range.

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July 02, 2019, 07:57:58 PM
 #8

We still have a very long way up to the current ATH to say that its our only last chance to ride the wave. If you aren't remembering price actions or movements in the charts are not a straight way up most of it is a gradual up and down movement going through its direction and a lot of traders have accumulated or take profit in that way. Don't expect Bitcoin to be one way up but expect it to have a lot of ups and downs where you can take advantage from and its up to you how you can earn from it.
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July 02, 2019, 08:01:51 PM
 #9

See OP,
I really liked your suggestion.
But according to me the BTC price can't be predicted.
Usually the Price depends on the marketcap or trading volume.
When this increases the price also increases. And when it decreases the price too does the same.
So if you are ready to bear losses, you can take risk and buy btc, else who knows when will btc fall down.
Good luck to us.
Bitcoin is never been a predictable thing but somehow we have seen how many times like this where finding out the bottom.

Take a look back when the price is still on 3k level.Lots of people speculated that it might even go lower but some people take it
as the bottom and risk up to accumulate.

For now on the current price level,if you do tend to short out then I would say that this is a considerable level for you to get in.

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July 02, 2019, 08:19:09 PM
Merited by AmoreJaz (1)
 #10

Bitcoin is never been a predictable thing but somehow we have seen how many times like this where finding out the bottom.

Take a look back when the price is still on 3k level.Lots of people speculated that it might even go lower but some people take it
as the bottom and risk up to accumulate.

For now on the current price level,if you do tend to short out then I would say that this is a considerable level for you to get in.

Actually Bitcoin shame hundreds of TA experts.  We can see how these so called "experts" predicted Bitcoin movement and yet they had been proven wrong.   This simply means Bitcoin price movement cannot be predicted.  Market has its own pattern where TA experts keep on solving.  Though I agree that, this probably another window to get a cheaper Bitcoin in this  year.  Else we have to wait for another Bear season for Bitcoin, which is possible according to Bitcoin 4 year cycle, on 2022.
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July 02, 2019, 08:37:38 PM
 #11

Bitcoin is never been a predictable thing but somehow we have seen how many times like this where finding out the bottom.

Take a look back when the price is still on 3k level.Lots of people speculated that it might even go lower but some people take it
as the bottom and risk up to accumulate.

For now on the current price level,if you do tend to short out then I would say that this is a considerable level for you to get in.

Actually Bitcoin shame hundreds of TA experts.  We can see how these so called "experts" predicted Bitcoin movement and yet they had been proven wrong.   This simply means Bitcoin price movement cannot be predicted.  Market has its own pattern where TA experts keep on solving.  Though I agree that, this probably another window to get a cheaper Bitcoin in this  year.  Else we have to wait for another Bear season for Bitcoin, which is possible according to Bitcoin 4 year cycle, on 2022.
Bear season can anytime be felt but since we are already approaching the halving event on next year then we wouldn't

experience this thing for sure.I agree on that putting TA experts to shame that's why we do see endless kind of predictions
on where would prices would go.

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July 02, 2019, 09:05:56 PM
 #12


Bear season can anytime be felt but since we are already approaching the halving event on next year then we wouldn't

experience this thing for sure.

Bears never left the market that is what I believe in, they just become dormant when Bulls become dominant.  But of course if opportunity comes in, they will strike to take over the market.  But as you said, the bear market will be silenced due to the upcoming halving event, and not only that, the recent approval of physically settled Bitcoin future (Erisx) the testing of BAKKT futures and other event will supply the bull  its need to dominate the Bitcoin market for a while.

So from this dip, we can probably see another bitcoin rally that will create another higher high for Bitcoin.  It was also speculated by Trace Mayer that it is most possible that Bitcoin can hit $21k   before the year end.  With this, I agree with OP's thead title.
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July 02, 2019, 09:24:52 PM
 #13

Bears never left the market that is what I believe in, they just become dormant when Bulls become dominant.  But of course if opportunity comes in, they will strike to take over the market.
Most bears (those who don't have a dislike towards Bitcoin) are just people being more neutral than you and me. If the trend changes they will shift from bearish to bullish. In the last couple of weeks there have been a lot of bears that turned bulls. These people aren't bears for ever, it's just the confirmation they are after to be confident enough that the bottom is in.

So from this dip, we can probably see another bitcoin rally that will create another higher high for Bitcoin.
No doub't that we'll make newer highs in the coming months, but I think whenever we do try to break the ~$14,000 level we will yet again fail, but with a less powerful rejection afterwards. The moment we do break that level you better make sure to be long, else you're a wacko.
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July 02, 2019, 09:31:11 PM
 #14

Bitcoin is never been a predictable thing but somehow we have seen how many times like this where finding out the bottom.

Take a look back when the price is still on 3k level.Lots of people speculated that it might even go lower but some people take it
as the bottom and risk up to accumulate.

For now on the current price level,if you do tend to short out then I would say that this is a considerable level for you to get in.

Actually Bitcoin shame hundreds of TA experts.  We can see how these so called "experts" predicted Bitcoin movement and yet they had been proven wrong.   This simply means Bitcoin price movement cannot be predicted.  Market has its own pattern where TA experts keep on solving.  Though I agree that, this probably another window to get a cheaper Bitcoin in this  year.  Else we have to wait for another Bear season for Bitcoin, which is possible according to Bitcoin 4 year cycle, on 2022.

they can call themselves whatever they want, but those self-proclaimed "experts" have always their excuses in case their predictions go haywire. they are trying to use their TA knowledge, but bitcoin is different. i hope they already realised that!

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July 02, 2019, 11:15:01 PM
 #15

Bitcoin is never been a predictable thing but somehow we have seen how many times like this where finding out the bottom.

Take a look back when the price is still on 3k level.Lots of people speculated that it might even go lower but some people take it
as the bottom and risk up to accumulate.

For now on the current price level,if you do tend to short out then I would say that this is a considerable level for you to get in.

Actually Bitcoin shame hundreds of TA experts.  We can see how these so called "experts" predicted Bitcoin movement and yet they had been proven wrong.   This simply means Bitcoin price movement cannot be predicted.  Market has its own pattern where TA experts keep on solving.  Though I agree that, this probably another window to get a cheaper Bitcoin in this  year.  Else we have to wait for another Bear season for Bitcoin, which is possible according to Bitcoin 4 year cycle, on 2022.

they can call themselves whatever they want, but those self-proclaimed "experts" have always their excuses in case their predictions go haywire. they are trying to use their TA knowledge, but bitcoin is different. i hope they already realised that!

Even with bitcoin trading analysis is common, there is nothing to have a variation. We need to be clear that trading analysis is different from price predictions. All the expertise predictions won't get coincidence with the real growth of the market, and when it comes to trading analysis based on the candle sticks move and other tools expertise people suggest the right choice 75% and fails 25%

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July 02, 2019, 11:36:25 PM
 #16

Where’s the bottom for this correction? Honestly, no one can say the correct prediction or answer for this but if we believe for the price of $20k with bitcoin then we should start buying it now for a cheaper bitcoin. This may not be the last chance to but below $20k but slowly accumulating is better than to make entry at a later part of the uptrend.

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July 04, 2019, 04:01:23 PM
 #17

   Same thing could be seen on this forum before price reached 10000$, some people gave a nice advice to people to buy before it reach that price
cause there is a high chance that we will never see price under 10000$ again.
   Now people around the forum are saying the same thing, buy before it reaches 20000$, maybe in some time this price now will be behind us and we
will never see it again.
   Good material to think about.



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Rainbot
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July 04, 2019, 04:27:38 PM
 #18

In early May, we accurately predicted that bitcoin would trade above $11,500 before the end of 2019.

I looked at your post history and did not see this prediction that you are saying you did in early May

The leading cryptocurrency breached that level last month, recording a fresh yearly high above $13,000

the price reach to $13700 and that was very incredible, Is a pity that failed to keep above $ 13000 for a long time

we are confident that bitcoin will once again trade above $11,500 and rip to a new all-time high at  $20,000.

this sounds like a prediction that anyone can do

Bitcoin Price Could Sink to $7,400 as Traders Secure Profits

This is not good



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July 05, 2019, 04:00:44 AM
 #19

i don't see you making any predictions now or any time before this. you just list a bunch of numbers each time and state the obvious about them and the market in general while trying to include as much possible scenario as you can so that you could later on say "i predicted it"!

now is not the "last chance" to buy the dip. the dip was when price went below $10k momentarily and now we are in a sideways market that can last a while so the chance is extended while accumulation takes place after the correction we just had.

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July 05, 2019, 09:48:23 AM
 #20

All this analytical stuff will not accurately predict the price where we can land a good All-time high But it is correct that it will surely hit the $20,000 USD so take consideration of always buying! until we still had a likable cheaper price now, And in my opinion there as everyone has said that the price might take a dip but will just bounce off back again, That can be true, Because I think the correction can still be active at the time of bull run to simply take this opportunity to take a charge in getting back up again.
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