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Author Topic: What to expect now?  (Read 1166 times)
moneyball (OP)
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October 28, 2019, 12:04:19 PM
 #1

Should we expect a big dump this week ?

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October 28, 2019, 12:55:11 PM
 #2

We are getting closer to the end of the year and we also heard good news from China about the Blockchain adoption process. If nothing goes wrong, we should expect another pump until the end of the year. Just today, Bakkt future volume explodes to 260% it explains the sentiment is good and the demand is increasing.
of course everything can happen, but personally speaking, I believe we are going to see a brighter future ahead.
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October 28, 2019, 01:09:14 PM
 #3



2017 China bans ICO and crackdown Bitcoin exchange, this news makes Bitcoin price getting down. But it happen just for one month. Similar with that news, Last week, good news came from China. As trader, we must remember if last price of Bitcoin before pumping is $7.500. If another dump is coming, Bitcoin will hit this price.

HOLD...
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October 28, 2019, 01:31:12 PM
 #4

Unfortunately, the daily 24 hour chart shows that the price is probably going to dump down again to the $8000-$7500 range over the next week. I'm judging this based on Bollinger bands, RSI, and MACD trading indicators. However, the moving average is somewhere around $8500, so it could only drop down to that price and trend back upwards. There's really no telling. But, I do think we're at the top of the price for this week.
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October 28, 2019, 01:36:45 PM
 #5

Should we expect a big dump this week ?

Chart looks good and the crypto atmosphere feels good, but i think we pumped because of misunderstood statement from Xi Jinping. If i had the nerve, i would go short because China might still explain what they meant, and my gut feeling is that would be negative. But the charts looks too good for gambling with the shorts, and there are too many good things lining up and i am not prepared to get liquidated just to make a point.

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October 28, 2019, 01:51:29 PM
 #6

Unfortunately, the daily 24 hour chart shows that the price is probably going to dump down again to the $8000-$7500 range over the next week. I'm judging this based on Bollinger bands, RSI, and MACD trading indicators.
I don't believe in any of that, but you might end up being correct anyway.  I will make a mental note that you stated those signs indicated a drop within a week, and I'll be paying attention to the price to see if you're right.  I'm constantly looking for evidence that there's something to technical analysis.

My little bag of altcoins has performed nicely in the past 2 days, so I am hoping bitcoin doesn't crash.  It did fall a couple hundred dollars overnight, which I had sort of expected for some reason.  Price action usually happens when I'm asleep, and I just didn't know if it was going to be up or down.
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October 28, 2019, 02:31:21 PM
 #7

Should we expect a big dump this week ?
we should not because BAKKT has been showing very good improvement and when the daily trade BAKKT can sustain even longer and there will be a huge chance for us to see the next big increase that will be happening with bitcoin. Some people may think the correction will come to the bitcoin but i have been putting the main focus on the BAKKT as a way to represent how big the demand that comes from institutional investors.
That must be a good point.

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October 28, 2019, 02:38:38 PM
 #8

Unfortunately, the daily 24 hour chart shows that the price is probably going to dump down again to the $8000-$7500 range over the next week. I'm judging this based on Bollinger bands, RSI, and MACD trading indicators. However, the moving average is somewhere around $8500, so it could only drop down to that price and trend back upwards. There's really no telling. But, I do think we're at the top of the price for this week.

Then, i think we could wait and accumulate more if that will happen. We don't want to miss the oppurtunity again by earning more profit and i think the price could rise in a couple of months or earlier.

But we don't want will happen if the prixe could go high or down because the market is very unpredictable.


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October 28, 2019, 02:53:17 PM
 #9

big dump will not be there this week or next month ,it's time you buy now even though we don't know the future but we must be optimistic and run to follow other investor ,maybe will be a small correction but don't panic it will not be long so far its still in a safe condition

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October 28, 2019, 02:56:22 PM
 #10

Unfortunately, the daily 24 hour chart shows that the price is probably going to dump down again to the $8000-$7500 range over the next week. I'm judging this based on Bollinger bands, RSI, and MACD trading indicators.
I don't believe in any of that, but you might end up being correct anyway.  I will make a mental note that you stated those signs indicated a drop within a week, and I'll be paying attention to the price to see if you're right.  I'm constantly looking for evidence that there's something to technical analysis.

My little bag of altcoins has performed nicely in the past 2 days, so I am hoping bitcoin doesn't crash.  It did fall a couple hundred dollars overnight, which I had sort of expected for some reason.  Price action usually happens when I'm asleep, and I just didn't know if it was going to be up or down.
Speculation thread like this shouldn't be something that we use as a benchmark for our investment. I mean will agree with you, usually if people said bitcoin dump, i will more aware or maybe set an alarm in case people's speculation really happen. And if people say that will pump, maybe i set a target where i want to sell my coin.

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October 28, 2019, 03:04:37 PM
 #11

Well, considering the prices for the past days, we might have quite a so-so price. I haven't checked the chart yet, but, regardless, with only the good news I hope we're good to go.

I might choose to short my trading for the moment, take any of the chances, but as you know, no one knows what the future holds.
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October 28, 2019, 03:24:51 PM
 #12

I don't know if this will be a big dump or not, which certainly won't be like bitcoin happened last week to the price of $ 7,500 it won't happen maybe this is just a slight decline it won't be so severe, I will see some severe expert analysis whether this will be right occur.

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October 28, 2019, 03:26:49 PM
 #13

Speculation thread like this shouldn't be something that we use as a benchmark for our investment. I mean will agree with you, usually if people said bitcoin dump, i will more aware or maybe set an alarm in case people's speculation really happen. And if people say that will pump, maybe i set a target where i want to sell my coin.

I'm more like to set a trade for the current bitcoin price and set a stop loss for 100$ below.
Trying my luck in bitcoin because there are already many experts said bitcoin has break it's resistance and on the way to 10k
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October 28, 2019, 03:59:07 PM
 #14

Unfortunately, the daily 24 hour chart shows that the price is probably going to dump down again to the $8000-$7500 range over the next week. I'm judging this based on Bollinger bands, RSI, and MACD trading indicators.
I don't believe in any of that, but you might end up being correct anyway.  I will make a mental note that you stated those signs indicated a drop within a week, and I'll be paying attention to the price to see if you're right.  I'm constantly looking for evidence that there's something to technical analysis.

My little bag of altcoins has performed nicely in the past 2 days, so I am hoping bitcoin doesn't crash.  It did fall a couple hundred dollars overnight, which I had sort of expected for some reason.  Price action usually happens when I'm asleep, and I just didn't know if it was going to be up or down.

Yeah, we're at the top of the expected range right now. Candles broke above the top Bollinger band indicating a dip in price coming. The past 2 days have been great. Luckily, it won't be a long term thing if the price dips down as expected. It should just be for a week or so. Then, we'll be back to where we are now or even higher, hopefully.
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October 28, 2019, 05:53:35 PM
 #15








In recent days bitcoin has experienced a fairly high price increase from $7500 to $10,000, of course this is an increase in price that we have been waiting for a long time Because, in the last few months bitcoin often has decreased prices and of course this makes many traders who experience losses, Hopefully this trend will continue to develop with a long period and so with the rise in price of BTC like this will make investment cryptocurrency will continue to be in demand by the investors / traders.

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October 28, 2019, 07:11:25 PM
 #16

Should we expect a big dump this week ?
I expect a pump will happen before the month end.as you can see bitcoin already started it 2days ago we can see other altcoin will also follow increase its price and follow btc trend. That was i wish to happen for the last 2 days.
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October 28, 2019, 08:06:01 PM
 #17

Should we expect a big dump this week ?

huh ?
did u believe that will happen ?
i am sure no big dump will come ,although a little correction may will happened,but well, its just a little value.
also besides it , i read some article, if the worst thing happen , strong support will come.

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October 28, 2019, 10:54:08 PM
 #18

Should we expect a big dump this week ?

keep optimistic my friend
i hope and i think this green movements will continue until next year buddy
because, i never see a huge price movements on bitcoin in the last few months before

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Ziskinberg
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October 28, 2019, 11:12:42 PM
 #19

Should we expect a big dump this week ?
Don't expect a dump unless you are shorting the market.
Bitcoin had a big pump, this might lead for bitcoin to be stable again in the next few months, when we have a situation like this, it brings positive result to altcoins and we will slowly see major altcoins starts to recover again.

Though I am not sure what would eventually happen, but I am optimistic that the dump is over and we will end this year with a great recovery price.

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October 28, 2019, 11:42:29 PM
 #20

Should we expect a big dump this week ?
It will dump but not that big so don’t worry because the mass adoption will begin and we have to be thankful to China for shouting out loud that they will support blockchain technology and that result to a big pump within a week. I didn’t see bitcoin to go lower again despite of its price movement, it will continue to up.

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