One more dump before halving?

[joshy23]

Seeing the past patterns it might be possible that we witness another dump in the market before the next year halving and after that prices will pump to high levels.Prices are fluctuating between $8500-$9000 and they can drop to $7000 or low but soon they will cross this price zone and rise to high levels.So hope for its betterment.

The possibilities are still there, since fluctuations are part of this market, once we see good bounce correction take place. But if you will plan well and take this as an opportunity to invest more it will bring huge benefits after some years of holding. The current dropped is a good position to buy coins and hold till the halving take place, big chance to earned a lot of you will trust the system.

[Wysi]

There is a speculation roaming around that the value of bitcoin will go down between the range of value 7500 - 8500. So we don't know if that will happen soon but i think it might happen and it might go down until 9k.

And there is a major support holding until 9k so if that will break then it will plummet for sure,

It seems the speculation is somehow correct, BTC is currently at $8300+.  It seems whales are keeping the price down to accumulate more in preparation of the Bitcoin halving hype.  Probably we can see a huge Bitcon price surge after this dump as the halving gets near.

Now I wish what I have posted doesn't come true even though I know these dumps are temporary but still it can inflict damage a good amount of time as everything we have not seen any expected pump so far but expected dump never fails us. I hope this does not send a panic wave across the market.

[Free1bitco.in]

Seeing the past patterns it might be possible that we witness another dump in the market before the next year halving and after that prices will pump to high levels.Prices are fluctuating between $8500-$9000 and they can drop to $7000 or low but soon they will cross this price zone and rise to high levels.So hope for its betterment.

The possibilities are still there, since fluctuations are part of this market, once we see good bounce correction take place. But if you will plan well and take this as an opportunity to invest more it will bring huge benefits after some years of holding. The current dropped is a good position to buy coins and hold till the halving take place, big chance to earned a lot of you will trust the system.

if the price drops close to $ 7k it's a good idea to buy again. I think, yesterday the price of bitcoin will recover, but unfortunately, the price has dropped back to level $ 8k. I am sure, this is the thing discussed, dump before the pump. other than that, I'm not very sure that the price of bitcoin will drop below $ 8k this month. I am sure, bitcoin will survive at this level before returning to higher prices. an opportunity for those who want to buy bitcoin before the price really pumps

[alisonwonder]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

Isn't it usually like that? there is always a correction before bitcoin prices to the moon. but it is also very possible if it is a manipulation of a large company to get bitcoin at a low price.
so if this dump happens it's a good for us to buy as much as possible. but I'm sure it won't go down under $8k again.

[henmark]

[The current market all the investors are concentrate the Bitcoin, so it will not going to backward soon. But everyone know the Bitcoin volatility so current trend it will raise further days so no one think again it will back to 7k USD. Nowadays price correction is never affect the investors, but huge dump will happen peoples are afraid. I hope Bitcoin will grow continuously in future days.

I don’t think that investor even panic again when they see price dump because it has become part and parcel of them right now as they  are already used to it, and the reason why it does not bother them again unlike other altcoins is because they have built certain trust in bitcoin to a level and that level is what is making them to keep believing in the future of bitcoin.

All these bitcoin investors that are already grounded in the system already have their plans to make the withdrawal of bitcoin in future and not now, so even if price dumps, they know that it is normal and would rise again once there is a recovery. Like me, when I see dump, rather than panic, I quickly take advantage of it to buy some coin, and then trade it for a higher price later.

[smyslov]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

People are positioning for a major dump if ever that happens that is why we are not seeing major pump right, investors thought that a major dump will happen because, that's always the case every time, there's a coming halving, I am also hoping there is one so I can add more, we all want profit and the halving is our biggest chance to recover all your losses from the previous trades.

[drachman]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

We always witness this kind of situation every time there are halving but I think this time if the price will dump, it will have a hard time to increase again. Just my speculation, I don't see some improvement with bitcoin this year but hopefully, I am wrong and let's wait for bitcoin to make another ATH's or if not, more than $10k will do.

The market has slowed down considerably and it doesn't seem like it is going to accelerate anytime soon, with that in mind I cannot see the price going above 10000 before the end of the year and it is likely that we will close the year with a negative trend, but no one should be too worried about it the halving is too close and this should be enough to attract enough investors so we can avoid another crash, but even then it is not going to be enough to get to another ATH.

[Wexlike]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

People are positioning for a major dump if ever that happens that is why we are not seeing major pump right, investors thought that a major dump will happen because, that's always the case every time, there's a coming halving, I am also hoping there is one so I can add more, we all want profit and the halving is our biggest chance to recover all your losses from the previous trades.

Maybe more. Bottom could be 7k and that is it. Time to buy at that amount or else you will be left out and then joining the FOMOs which will have little profit or maybe nothing.
Although it is manipulated by the whales, I think it will be easy to see it.

I do not want to be THAT guy, but want to point out that something as simple as looking at the period between years 2015-2016 show very similar stable/consolidating/worrisome/bearish (call it whatever you want) periods, at quick glance, one can spot at least 3 major ~6 month such periods.

What i want to say is that, do not get worried, yet.

[bitvalak]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

There is always an interesting scenario when approaching halving time, we can not predict in detail how big the dumper will occur.
But in the market factor there will definitely be a dumper because to collect interest in buying at lower prices then the big players will profit taking at the top price level.

[Pamadar]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

There is always an interesting scenario when approaching halving time, we can not predict in detail how big the dumper will occur.
But in the market factor there will definitely be a dumper because to collect interest in buying at lower prices then the big players will profit taking at the top price level.

They are expert doing the business and it's tough to play against this big players, there's a chance that they will unload those coins and wait for the holders to react and once they've seen the target they will buy more. It's a cycle and a battle of mind conditioning, you need to have a good nerve taking the risk and not to fall with this kind of market condition. Assess to make sure you'll get into right timing.

[peter0425]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

nothing sures everything but we already knew about whales manipulating the market so there's a possibility that they want to bag money at least before the halving happens and this can be true also.
but for me?don't expect more about this halving mate because this can be use as well by this manipulator as too many of us are looking to much positive on this event.

[TRONTON]

nothing sures everything but we already knew about whales manipulating the market so there's a possibility that they want to bag money at least before the halving happens and this can be true also.
but for me?don't expect more about this halving mate because this can be use as well by this manipulator as too many of us are looking to much positive on this event.

halving is a long awaited event, based on btc history, manipulators are not able to make their own patterns and eventually go with the mainstream. It is precisely now the best time for them to move prices down because the charts allow testing after consolidation, my prediction is that there will be a big dump at the end of this year.

[EdenHazard]

Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

We always witness this kind of situation every time there are halving but I think this time if the price will dump, it will have a hard time to increase again. Just my speculation, I don't see some improvement with bitcoin this year but hopefully, I am wrong and let's wait for bitcoin to make another ATH's or if not, more than $10k will do.

The market has slowed down considerably and it doesn't seem like it is going to accelerate anytime soon, with that in mind I cannot see the price going above 10000 before the end of the year and it is likely that we will close the year with a negative trend, but no one should be too worried about it the halving is too close and this should be enough to attract enough investors so we can avoid another crash, but even then it is not going to be enough to get to another ATH.

179 days to go , not a long way to kickoff the halving that everyone been waiting for ...

This downtrend after a flash rise for me obviously shows how bitcoin itself is on bearish since few months ago on August right after hits the highest marks in last 20 months.
I wouldn't sell nor continue buying right now .. just fasten your set belt , a major move will occurred before the halving day, that's my short analysis based on moving average.

[tbterryboy]

The market has slowed down considerably and it doesn't seem like it is going to accelerate anytime soon, with that in mind I cannot see the price going above 10000 before the end of the year and it is likely that we will close the year with a negative trend, but no one should be too worried about it the halving is too close and this should be enough to attract enough investors so we can avoid another crash, but even then it is not going to be enough to get to another ATH.

If the market closes this year with $10k, I think that it is still a very big achievement considering what the market opened with at the beginning of the year, we would never have imagined that the value could have gone this high and the way the bear market was so dip, who would have also even imagined that bitcoin amidst all other altcoins could have make it this far.

It would have been so frustrating if bitcoin was still in the same position has those other altcoins that is giving us lots of frustrations are now. I do hope that bitcoin gets back to $10k this year ending and if it does, I dint think we should term that as it ending at negative trend, it is a fair value because it is 3x of what it started with at the beginning of this year.

[peter0425]

nothing sures everything but we already knew about whales manipulating the market so there's a possibility that they want to bag money at least before the halving happens and this can be true also.
but for me?don't expect more about this halving mate because this can be use as well by this manipulator as too many of us are looking to much positive on this event.

halving is a long awaited event, based on btc history, manipulators are not able to make their own patterns and eventually go with the mainstream. It is precisely now the best time for them to move prices down because the charts allow testing after consolidation, my prediction is that there will be a big dump at the end of this year.

remember that history does not repeat itself here in crypto and the pattern don't matter that well now mate.

whales has the majority of the currencies so they can do whatever they want specially if they connive with other whales as they have one target and that's to bag money from the small investors .

[TheGreatPython]

If there is a fall in the value of bitcoin again this year, this might be the last fall for the year and it will really not take long before it rebound again, because many people would want to take advantage of that opportunity to buy more now knowing that we are very close to when bitcoin will be making a very huge recovery again, as the time to surge to $15k is almost near, so it would not really be a bad idea or a bad news for bitcoin to decline a little bit again, it will still be a blessing in disguise, and if it does not decline, I am sure that the next rebound will be over that $8750.

From the many analysis that we have done, I think that there is every chance and possibility that the value of bitcoin would make a bull run between now and the next Christmas season.

[akmal1984]

Seeing the halving time that is not long, it is likely that there will not be a massive dump again for the price of bitcoin. If bitcoin is made to go down too deep then it is rather difficult later for prices to rise in the time leading up to halving and after halving. A very strong position I think will be at $ 7500 - $ 8000. At that price bitcoin is likely to be located if there is indeed a price reduction again

[Wexlike]

Seeing the halving time that is not long, it is likely that there will not be a massive dump again for the price of bitcoin. If bitcoin is made to go down too deep then it is rather difficult later for prices to rise in the time leading up to halving and after halving. A very strong position I think will be at $ 7500 - $ 8000. At that price bitcoin is likely to be located if there is indeed a price reduction again

Correct.

Thus negating that future increase, and we're back to unpredictability.

Speculative bubbles burn themselves out when people are no longer willing to continue to fuel the flame, when speculative demand is constrained by immediate demands--either people disbelieve the high highly speculatively valuations or their belief becomes unimportant because of external impositions (school, mortgage, car, health, travel, family, etc.).

Speculative bubbles don't self-regulate because people 'expect an increase of value'; that is literally the exact reason they happen.

[marcous]

remember about Halving before, there really was a big dump. and that already happened in 2018 and in 2019 aswell. Don't forget that Halving didn't last long either. Bitcoin prices slowly rise to a peak at the end of 2017 and then dump again.
Next year Halving will look different I guess. given that several countries have already regulated legalization that was previously considered illegal. Pros and cons, of course always appear. as long as there is no Fud on a large scale the possibility not to affect the price. at least stable above 7500 USD for now I guess.

[drachman]

The market has slowed down considerably and it doesn't seem like it is going to accelerate anytime soon, with that in mind I cannot see the price going above 10000 before the end of the year and it is likely that we will close the year with a negative trend, but no one should be too worried about it the halving is too close and this should be enough to attract enough investors so we can avoid another crash, but even then it is not going to be enough to get to another ATH.

If the market closes this year with $10k, I think that it is still a very big achievement considering what the market opened with at the beginning of the year, we would never have imagined that the value could have gone this high and the way the bear market was so dip, who would have also even imagined that bitcoin amidst all other altcoins could have make it this far.

It would have been so frustrating if bitcoin was still in the same position has those other altcoins that is giving us lots of frustrations are now. I do hope that bitcoin gets back to $10k this year ending and if it does, I dint think we should term that as it ending at negative trend, it is a fair value because it is 3x of what it started with at the beginning of this year.

One thing is what I would like to happen and another thing is what I think it will happen, if it was up to me I would love to see bitcoin going up in value right at the end of the year but look at what it is happening now, the market is going down again and it is very close to 8000, I believe that during the next days we will see bitcoin going below that price and during the next weeks we will see bitcoin struggling to maintain itself above 7000.