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Author Topic: Bitcoin bull run or just a pump before bear market ?  (Read 495 times)
MI6
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October 10, 2019, 02:14:56 AM
 #41

Maybe pump before bear market. Not bear market actually, pump before that big people will make people panic when they want price to be dumped. Halving almost come and i believe they wouldn't that easy only hold bitcoin and do nothing. Usually they want to accumulate more so they can get maximum profit when halving come.
Holding wasn't mean forever, it somehow we need to utilize each and every fluctuations may appears.
As thinking of the upcoming halving event is really a big hopes of everyone but not really sure if this will rally a huge market pumps or stay the same. 
If me my target only for halving. After that, maybe i not hope on anything else. See bitcoin very hyped on last big pump maybe i think a lot of peopl already use their money to invest. In other side, maybe new people come, but not want to forget if a lot of people lose in their investment especially who bought at peak.

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October 10, 2019, 02:33:57 AM
 #42

The most standard price level for btc is I think 12k to 15k until the end of the year. But make sure to sit tight when 2020 arrives lots of development on different major altcoins. I guess we can see it when the time comes. Dont worry if you havent bag some btc now then its youre chance while it is still on moderate level not too high and not too low.
I think your looking at this too optimistically, 12k or 15k would mean there has to be a minimum price increase of around 50 to 70 percent, which is a lot when your looking at BTC hovering around the 8k mark right now.

I'm going to make a bold estimate and say BTC won't even reach levels above 10k this year. Things will improve next year with the halfing though.

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October 10, 2019, 07:45:05 AM
 #43

The most standard price level for btc is I think 12k to 15k until the end of the year. But make sure to sit tight when 2020 arrives lots of development on different major altcoins. I guess we can see it when the time comes. Dont worry if you havent bag some btc now then its youre chance while it is still on moderate level not too high and not too low.
I think your looking at this too optimistically, 12k or 15k would mean there has to be a minimum price increase of around 50 to 70 percent, which is a lot when your looking at BTC hovering around the 8k mark right now.

I'm going to make a bold estimate and say BTC won't even reach levels above 10k this year. Things will improve next year with the halfing though.
We need to wait before the price reaches $12k or $15k and I think that will need more days to see that will happen.
I think we have a big chance to see that price again in the future as we will see the halving moment in the next years.
So if we check on the history of bitcoin price, before or after halving, the price will be increased so high.
But unfortunately, we don't know when it will happen so I think we can wait for that time and be patient.
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October 10, 2019, 12:29:18 PM
 #44

Right now, we are on the verge of something big and we don't know where which is the toughest decision.

I mean we could go down super hard and go down to 6 thousand dollars, it is quite the possibility, or maybe we will figure out a way to get out of this bear run and go above 10k, we don't know which one there will be in the near future. That scares all of us we don't know what to do with our money, some people have fiat and undecided on buying bitcoin, some people have bitcoins and undecided on selling them, it is all kinds of messed up right now.

Because of the halving there was a lot of bulls and we all thought price would only go up until then, it didn't and since we didn't expected this we are all confused on what to do right now. I have no clue whats next for bitcoin.

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October 10, 2019, 09:54:28 PM
 #45

After yesterday jump to $8600, bitcoin stay still over $8500, could be the new resistance level to before reaching $9K.
Another reason regarding Bakkt futures trading volume as @bakktbot tweeting updates on contract traded seems increasing.
Contracts traded so far today: 205 BTC
Last traded price: $8,610.00

https://twitter.com/search?q=%40bakktbot&src=typd
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October 13, 2019, 05:10:47 AM
 #46

After yesterday jump to $8600, bitcoin stay still over $8500, could be the new resistance level to before reaching $9K.
Another reason regarding Bakkt futures trading volume as @bakktbot tweeting updates on contract traded seems increasing.
Contracts traded so far today: 205 BTC
Last traded price: $8,610.00

https://twitter.com/search?q=%40bakktbot&src=typd

nah, it is just the bounce back from the big drop that we had. it has nothing to do with Bakkt and its volume although it is still interesting to see how it is slowly but surely growing even though people tried to belittle it when it first started up.
for now there isn't any real resistances ahead of us. the problem in my opinion is that there isn't any buying power to bring the price up and test any resistance since investors are scared now and want to wait before jumping back in again.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 13, 2019, 05:21:28 AM
 #47

After yesterday jump to $8600, bitcoin stay still over $8500, could be the new resistance level to before reaching $9K.
Another reason regarding Bakkt futures trading volume as @bakktbot tweeting updates on contract traded seems increasing.
Contracts traded so far today: 205 BTC
Last traded price: $8,610.00

https://twitter.com/search?q=%40bakktbot&src=typd
Right now it's down again to $8,350, market movements is hard to predict since there's no big effects after Bakkt was launched. We do need to work with more good news aside from this tweet to expect good value in the long run. Deeper research and allow yourself to observe before deciding to what position you will proceed. Being optimistic to make proper assumptions is needed while you are still inside this market. Don't fall to anything without doing your research.

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October 13, 2019, 08:04:32 AM
 #48

Why is it different?
Did someone really expect what happened two years ago? I dont think so.
All are shocked with bitcoin reaching such certain heights.

Then FOMO came and a lot of investors tried to ride the wave which is a fake one.
Now, the same thing could happen but all are unsure about it. It will be just mere speculation once again.

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October 14, 2019, 06:11:48 AM
 #49

Right now, we are on the verge of something big and we don't know where which is the toughest decision.

I mean we could go down super hard and go down to 6 thousand dollars, it is quite the possibility, or maybe we will figure out a way to get out of this bear run and go above 10k, we don't know which one there will be in the near future. That scares all of us we don't know what to do with our money, some people have fiat and undecided on buying bitcoin, some people have bitcoins and undecided on selling them, it is all kinds of messed up right now.

Because of the halving there was a lot of bulls and we all thought price would only go up until then, it didn't and since we didn't expected this we are all confused on what to do right now. I have no clue whats next for bitcoin.

The toughest decision will always be to not sell. I thought holding was the simplest job, but after only a few years here, I've seen even the toughest nut give up, and those with plenty of skin in the game let go.

It's perhaps much easier for me, since I earn only in Bitcoin... so I sell what I need, which is most of it, and whatever I get to keep, I see it as a bonus. At today's price, still more or less break even for me, but if BTC goes down to 1k let's say, I'd have lost the value of most of my savings. But knowing I still shelved a little in fiat, I don't feel TOO bad about it!

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October 16, 2019, 05:35:28 AM
 #50

Let's hope the value of bitcoin increases without any further dump but deep down the heart we all knows that the only thing which will be constant in crypto world is fluctuations and I think this is the right time for those short term investors to barge in to earn some quick profits rather than waiting for further drop as I feel this is a temporary pump which needs to be utilized before the market goes bearish again. This phase of crypto is really complicated wherein most of us are clueless about the up coming trend which was not the case before two years.
Yes, fluctuation will be constant as people use it to trade often, but the degree of fluctuation of bitcoin in future cannot be compared to the degree of fluctuation that it has not. The coin is still very volatile because the supply for bitcoin is still quite greater than the demand, but once we can overcome every obstacle that is making supply to be more than demand, then we will have some continuously increase and a less fluctuated coin.  

For me personally, I think that I am not clueless about where bitcoin will be heading to in future within that 2 years, I might be clueless about the other altcoins because right now, they have not functioned as much as bitcoin is function, so for bitcoin, I am more optimistic that the future is really bright for it and the future is almost here.

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October 16, 2019, 06:07:20 AM
 #51

Let's hope the value of bitcoin increases without any further dump but deep down the heart we all knows that the only thing which will be constant in crypto world is fluctuations and I think this is the right time for those short term investors to barge in to earn some quick profits rather than waiting for further drop as I feel this is a temporary pump which needs to be utilized before the market goes bearish again. This phase of crypto is really complicated wherein most of us are clueless about the up coming trend which was not the case before two years.
Yes, fluctuation will be constant as people use it to trade often, but the degree of fluctuation of bitcoin in future cannot be compared to the degree of fluctuation that it has not. The coin is still very volatile because the supply for bitcoin is still quite greater than the demand, but once we can overcome every obstacle that is making supply to be more than demand, then we will have some continuously increase and a less fluctuated coin.  

For me personally, I think that I am not clueless about where bitcoin will be heading to in future within that 2 years, I might be clueless about the other altcoins because right now, they have not functioned as much as bitcoin is function, so for bitcoin, I am more optimistic that the future is really bright for it and the future is almost here.

Bitcoin is the main focus of the traders since it is more useful than alts and we can actually predict on what will happen on it in future since for sure more adoption will come on it , unlike other alts which is questionable and we can't even tell if they will be active on the long run since mostly some of them are scam and altcoin scamming is so rampant on this space and that makes people doubt upon holding them.

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October 16, 2019, 01:01:24 PM
 #52

We might not be able to see huge price surge or bull run that we witness in 2017 where prices cross $20k in short span of time because of dump situations.The price fluctuation are high  as prices are rising after bloodbath and cross $8000 starting from a low point but we will see another correction before another pump of this year or it can be manipulation of whales just to cash out their profits.So we need for actual pump to come in the market and be calm until that time.
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