One more dump before halving?

[Dart18]

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.
Once they dump it a huge number will be cut leading to a big fall.
I think some may have been asking by now if it is time to sell for preparation of a big dump.

[BigBos]

I hope if somehow we are going to see a dump for bitcoin price, it will not going too deep. Perhaps, the price will adjust to $7k-$8k, and then after the price reached that price, it will start to increase and hit the highest rate in the nearest of halving. But if there is no chance for dump, I hope the price can slowly reach the higher price and break $10k first and stay at that price for a while.

Everything can happen in the last six months before halving, so the dump can happen too, but I think it still a mystery to us to predict what will be going on with the bitcoin price.

For the beginning of this month, it seems that the price of bitcoin is still at the level of $ 9000, and sometimes, the price is almost back to the level of $ 8000, but I think the situation is still stable. if before the bitcoin pump price returns dump, I also feel that it will be at the level of $ 8000, and the worst is the level of $ 7000. but as people say, it is an opportunity to own bitcoin. it's like a discount before the pump.

[Oasisman]

Are we going to witness major dump before halving?

we are about 6 months out from the 2020 halving. let's look at what happened the last two times:

-the 2012 halving occurred in november 2012. from may to november, price rose from $5 to $13.
-the 2016 halving occurred in july 2016. from january to july, price rose from $350 to $780.

food for thought.

Most likely to happen on next year's halving, considering we're about to enter the last month of the year. Where there's a lot of speculations about bullish run. Bitcoin's price are moving at the range of $9,100-$9,600, that means not a lot of people are selling at this mark ang might probably hold it until the halving.

[Ridwan Fauzi]

Indeed, most of investor (be it whales or regular investor) want to buy bitcoin at the lower price, so they can have a lot of chance to gain many profit when there is a good news such as halving event comes.

But for me it depends on the situation of the market itself. I mean, it is impossible for those who have a lot of money/bitcoin to manipulate the price situation when the sentiment market is going good.

But it will be possible, when the sentiment market is not good and I'll bet there will be many whales who will their bitcoin so the price of will decrease for a while and its price will up again when the halving even is coming.

[Questat]

I don't like to see any dump from the current price, but I don't control the market and we know that this market is very unpredictable so it could happen.
Actually its not a big deal, it can dump as long as it will also bounce back strong like what happened recently.

What I am only hoping is that this year is going to be a successful year for bitcoin, I mean BTC has recovered with a good percentage already but at least we stay not less than $10,000 before the end of the year, I think its good enough.

[d3nz]

I think the value of bitxoin could go drop between the range of 8500 - 9000 and that would be the last drop and it will bounce back to 10k and i think the altcoins value could go down once bitcoin rise up.

That's why we need to wait until it goes dip and take advantage of cheap price and we can sell it and make a lot of profit.

[bhabygrim]

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?

I think we could really see a huge dump before the halving occur for the whales to gain more BTC at a lower price,
So my suggestion is try to hold as much as you can and don't try to follow the huge dump don't sell your BTC before the halving.
Try to keep calm while the market is being played and hold your crypto for sure they would try to accumulate as much as they can so we should also do the same.

[btcanonymous666]

Are we going to witness major dump before halving?

we are about 6 months out from the 2020 halving. let's look at what happened the last two times:

-the 2012 halving occurred in november 2012. from may to november, price rose from $5 to $13.
-the 2016 halving occurred in july 2016. from january to july, price rose from $350 to $780.

food for thought.

This one pumped me to buy for more lol. Thank you for your reminding.

[acdc]

I think in the short term the price will go down but it will not be able to go too deep. Perhaps Bitcoin will return to the price of $ 8000 before rebounding.

[oktana]

I think the value of bitxoin could go drop between the range of 8500 - 9000 and that would be the last drop and it will bounce back to 10k and i think the altcoins value could go down once bitcoin rise up.

That's why we need to wait until it goes dip and take advantage of cheap price and we can sell it and make a lot of profit.

fluctuations that are only around $ 8-10 thousand do not have a strong essence and are only limited to manipulation, if we want a golden cross aimed at halving events, it must be pressed further down from the average height. It will look bad for some time but it will have a very natural reversal wave, altcoin will look bad if Btc does, but in the end the quality of those who survived will be seen.

[boltz]

No! We won't have another huge dump before halving as that will put crypto in danger. We already have the HUGE DUMP from 20k$ to 3k$ , what do you want more ? 1k$ ? It won't happen. Maybe we will see a flash drop to 7k$ but that's gonna be the last time Bitcoin will go under 8k$. As you can see history didn't repeat like the previous one so why it would happen now just because last time we had a dump before halv ? Buy now as its still under 10k$ , don't speculate Bitcoin too much.

[Hippocrypto]

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?

i guess you are really paranoid to whales gaming,right ?
considering the fact from a few weeks ago , i dont see whales have a chance to playing fire game.
when btc drop below 9000 i believe someone overthere will backing it and buy more, blockchain is very influential in today's world,the first blockchain project is bitcoin.
and for god sake,halving will be done in May next year , 5 months is a long time for all possible possibilities.

Yes I was kinda paranoid or confused whichever suits better due to the past events and it was like two different thoughts like positive in heart and negative or back up plan running in the mind and I am sure I don't stand alone at this situations, but after going through some facts and figures from experts who have replied to this post I am more confident that whales cannot risk manipulating the market as we are prepared for anything and there are people to back up bitcoin even if it goes down.

Actually I'm also afraid for events turned out since same as you I actually don't know if we can see a positive results on next following days since the ghost of what happened last year keep chasing me and actually I lost some money when bear market strikes. But hopefully that the prediction that we can see a good lift from the market will came true really since same as me I'm totally positive that we can get a great output the same on what happen last 2017.

You're not alone with your failures mate, I also did fail from previous green market due to wrong expectations. The motivation that made me decide to hold for long term, turned out to be frustrating after seeing my holdings got very cheap value in recent bearish period. Predictions may come and go, but what's most important now is to have more courage while facing big challenges for next year, as many articles came out a positive outlook for the market.

[samcrypto]

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?

Whales are too genius and they have a better plans to make profit but we can’t know if this is just a manipulation or not, all I want to happen is that for bitcoin to stabilize beyond $10k right before the halving. No more big dumps hopefully so we can expect new ATH after the halving, whales should behave well right now and start to consider those small investors like us who are just holding and hoping for good prices.

[peempeem]

Whenever I want something to happen, it never happens! 

On that basis, I think it could dump but only after a pump e.g. 40000 to 30000. I can't see it dumping from where we are now.

[joinfree]

The market has been having some extreme form of volatility but i doubt we would suffer that massive dump you are talking about. Definitely most people are happy about the upcoming bitcoin halving and a massive dump before that would be a strategy to squeeze the hands of crypto noobs of their bitcoins. Don't fall for any massive dump if it ever comes because May 2020 is just around the corner.

[CryptoBry]

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?

Manipulations are happening all the time and some can be a big success while others are just like a firecracker that failed to show its prowess. Anybody who has the influence and power to manipulate can always do it anytime. Right now as I am making this post, Bitcoin stands at $9,436.75 USD with market cap of $170,143,249,121 and $27,108,283,429 volume for the past 24 hours, at 67.3% market dominance. This is quite a good improvement from the $9100+ I saw yesterday which I assumed might have been headed to the $8000 region but thanks to the heavens that I am very wrong.

Now, can there be another dump before we can expect for that dreamed BULL RUN? Frankly speaking, anything is quite possible here. I just viewed a YouTube video from a self-proclaimed expert of the possibility that BTC can fall hard into 50% less of its current price. Of course, I don't believe him because I prefer to maintain my positive outlook for Bitcoin no matter what. The thing is that while we are hoping for the best, we can't ignore the worst.

 

 

[pooya87]

Now, can there be another dump before we can expect for that dreamed BULL RUN? Frankly speaking, anything is quite possible here. I just viewed a YouTube video from a self-proclaimed expert of the possibility that BTC can fall hard into 50% less of its current price. Of course, I don't believe him because I prefer to maintain my positive outlook for Bitcoin no matter what. The thing is that while we are hoping for the best, we can't ignore the worst.

i could easily see another drop before the big rises begin and the possibility of it is high enough to be considered. BUT a 50% drop is no longer a "drop before rise" it is a big ass crash with a size that is not even common anymore! a "drop" is like a small 10 to 20% drop anything bigger than that is simply impossible without something massively negative such as US banning bitcoin out of nowhere for example!!! otherwise bitcoin has already had lots of gigantic drops that there is no more room left for anything big specially since price is already below the intrinsic value.

[Dewi Aries]

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?

It could be happen. If we see from what people want, of course before pump they want to buy more bitcoin in cheaper price. But to speculate about what they do for it, actually it is hard to predict now. Because in other side, a lot of people will keep buy it too when they look it is good price to buy. It will all depends on how much people who panic if price look dumped because some of it usually panic and sell their assets in cheap price. Demands and Supply this time will really have big affect.

[maydna]

I hope if somehow we are going to see a dump for bitcoin price, it will not going too deep. Perhaps, the price will adjust to $7k-$8k, and then after the price reached that price, it will start to increase and hit the highest rate in the nearest of halving. But if there is no chance for dump, I hope the price can slowly reach the higher price and break $10k first and stay at that price for a while.

Everything can happen in the last six months before halving, so the dump can happen too, but I think it still a mystery to us to predict what will be going on with the bitcoin price.

For the beginning of this month, it seems that the price of bitcoin is still at the level of $ 9000, and sometimes, the price is almost back to the level of $ 8000, but I think the situation is still stable. if before the bitcoin pump price returns dump, I also feel that it will be at the level of $ 8000, and the worst is the level of $ 7000. but as people say, it is an opportunity to own bitcoin. it's like a discount before the pump.

If the price can down into $8000, then that will be a discount, but if the price stays at a rate now and start to increase, then we might miss the last chance to buy more bitcoin. Bitcoin price seems to get stable at $9000, but who knows, that will go just for temporary because we don't have the right sign to predict where bitcoin price wants to go. We could only wait for a while, buy more bitcoin if the price finally gets down, and hold it again until the price can jump to a higher rate. But if the price will only get down back, we need to have more patience.

[Wysi]

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?

It could be happen. If we see from what people want, of course before pump they want to buy more bitcoin in cheaper price. But to speculate about what they do for it, actually it is hard to predict now. Because in other side, a lot of people will keep buy it too when they look it is good price to buy. It will all depends on how much people who panic if price look dumped because some of it usually panic and sell their assets in cheap price. Demands and Supply this time will really have big affect.

Yes after I made this post I did some more research and read some similar articles to check user's opinion and realized this time people are aware of possible dump and they are prepared for it unlike previous dumps as the market and users are becoming more mature day by day. I doubt if there would be any dump as manipulators might plan something different this time.