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Author Topic: One more dump before halving?  (Read 1828 times)
cryptoangel
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November 08, 2019, 02:06:19 AM
 #81

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?
Maybe this is possible because whales think it will make a big impact for the price of bitcoin to fall. This would create a fear for other bitcoin holders to sell their bitcoins as well. It is often the case that whales dominate the market and we should also follow them so that we are not stuck in the situations they create.

So no matter what happens we should always be prepared and let us keep pace with the waves that whales will make.
If there is a dump again, then I am sure it's because whale who wants the price of Bitcoin to fall then they buy when the price is cheap. But actually we can also make it as a moment to buy Bitcoin and sell after Halving Bitcoin later. The price correction will still occur before Halving Bitcoin and I think that is a natural thing.

There is a big difference between a price correction and a dump. We can see price corrections on the charts almost every day. Dump is a decrease in price by a minimum of 10%. I think the whales will try to make some shady game and trick the market, but if this happens at all, I don't expect to see price below $7000.
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.

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November 08, 2019, 02:35:17 AM
 #82

Whenever I want something to happen, it never happens!  Grin

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.

Too far from what I am looking at.
That is almost moon.
Is that a practical number for this year or the year of the halving?
Before it can take that much value we must pass the last ATH again which had been too much questionable in the eye of the world government.
How do you think bitcoin will end up to that price? Or are you just fooling around?

I dont think bitcoin will dump before halving.

As you can see the movement of the price of bitcoin it seems that we might see a rather stable market or if not the price might remain or stay at the price of 9000$. Se do not know if this price might fall or might rise. For me, if there will be a new coming bull run in this last quarter of the year 2019 we might expect that before the bitcoin halving the price have a chance to surpass its all-time high price. I still believe that its more on the bull run than in having a bear market.

Let's just hope that the next CME futures ending won't start this crazyness again. ^^
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November 08, 2019, 05:04:27 AM
 #83

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,
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November 08, 2019, 05:27:30 AM
 #84

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?
from the historical record of Bitcoin over the years, Bitcoin has increased after halving, but we can predict it precisely, whether it will become reality or not,
because we can conclude it ourselves when BAAKT fails to make the price of bitcoin explode !, whereas the community predicts that after BAAKT bitcoin will explode
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November 08, 2019, 07:21:05 AM
 #85

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.
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November 08, 2019, 11:04:59 AM
 #86

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.
After every dump there used to have big rise, but we don't know how long it takes for a price pumping after dump. From my view this time if there happens price dumping it'll get recovered in a very short time as we're just one and a half months away for the year end. Everytime we will experience growth by the year end which is a promised way, so if price gets dump good is to buy.

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November 08, 2019, 05:49:18 PM
 #87

price decline occurred again at the beginning of November at this time. if after this the price of a bitcoin pump, then it will be the right prediction. so far, bitcoin has lost more than $ 500 in a short amount of time. that's about 4 to 5% of the initial price.
I haven't found anything that has made the price of bitcoin go down now, but it looks like the price of bitcoin will rise even higher this month.

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November 08, 2019, 11:12:37 PM
 #88

Quote
price will dump, it will have a hard time to increase again

Long term the price is just related to dollar declining which is generally true and likely to continue, by design even nowadays.   Then we just have to consider if Bitcoin population is rising, those in combination likely bail out Bitcoin from any dip no matter how hard the sell off might be in the moment.    Just like the spikes upwards, most of the price move is speculators and not truly a direct representation of market sentiment for actual holders and users, the less mobile in their affections are the ones who decide the direction for Bitcoin in the end and the rest try to guess its strength shorter term.

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November 09, 2019, 09:23:04 AM
 #89

price decline occurred again at the beginning of November at this time. if after this the price of a bitcoin pump, then it will be the right prediction. so far, bitcoin has lost more than $ 500 in a short amount of time. that's about 4 to 5% of the initial price.
I haven't found anything that has made the price of bitcoin go down now, but it looks like the price of bitcoin will rise even higher this month.
The price is increasing bit by bit now. It's a slight dump. It will get to $9k again, I hope. It will be sooner than what we expected or later. Especially with the news about cryptocurrency is on good track.

I'm not surprise if there'll be one/two more dump before halving. As you see whales are trying to stock bitcoin as cheap as possible. We won't know for sure what the whales up to, especially when they're trying to move the prices as they wanted to.
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November 09, 2019, 11:34:19 AM
 #90

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 have analyzed it here, if we follow the history of bitcoin prices from the beginning maybe we will understand much better, why do people complain about falling bitcoin prices and dump always dump, because they are new people coming in 2016-2017

so they have never had a hard time before in 2014-2015 what was felt at that time was almost the same as this year, so for me it's not a problem and you don't have to worry about dumps happening before halving, you will know if you look at history before

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November 09, 2019, 12:38:04 PM
 #91

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?
Im stucked between expecting another huge dump or direct continuous pump. Most of the investors are now frustrated of the lack of price increase on the market value of cryptos which gives them doubt for doing so. We hve seen how long is the dump occurring up until this point. And maybe if there will be more, more people might quit this industry. Let's hope that the next thing that would happen, is something to look forward for next year, since this year is about to end and many assumptions are being formed.

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November 09, 2019, 05:10:09 PM
 #92

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?
Im stucked between expecting another huge dump or direct continuous pump. Most of the investors are now frustrated of the lack of price increase on the market value of cryptos which gives them doubt for doing so. We hve seen how long is the dump occurring up until this point. And maybe if there will be more, more people might quit this industry. Let's hope that the next thing that would happen, is something to look forward for next year, since this year is about to end and many assumptions are being formed.
The dump is over, quote me on that. Now it's a slow rise to the upper level of the trading range with maybe a few outbreakes over 10000$.



I really like this long term perspective, so don't get your arms shaky. It's going to be a wild ride, no matter what.

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November 09, 2019, 06:23:28 PM
 #93

The dump is over, quote me on that. Now it's a slow rise to the upper level of the trading range with maybe a few outbreakes over 10000$.



I really like this long term perspective, so don't get your arms shaky. It's going to be a wild ride, no matter what.
Probably this is it, one more pump and it will lead to the next halving and continuously rising upward until the next halving will come.
I am quoted your post as well and come back after 1-2 weeks let see what will happen to the market.
Unpredictable, yes that was the market but hopefully this last pump up and then go for halving.

.
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November 10, 2019, 04:57:21 AM
 #94

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?
Im stucked between expecting another huge dump or direct continuous pump. Most of the investors are now frustrated of the lack of price increase on the market value of cryptos which gives them doubt for doing so. We hve seen how long is the dump occurring up until this point. And maybe if there will be more, more people might quit this industry. Let's hope that the next thing that would happen, is something to look forward for next year, since this year is about to end and many assumptions are being formed.
The dump is over, quote me on that. Now it's a slow rise to the upper level of the trading range with maybe a few outbreakes over 10000$.



I really like this long term perspective, so don't get your arms shaky. It's going to be a wild ride, no matter what.



I almost always remind and say almost all of my social media since 2018 even in this forum, I see the same history, what I catch on your charts is the same, the thoughts that always bother me

2012 - Bitcoin halving
2013 - go to the moon
2014 - hacking problem from MTGOX and others
2015 - Bitcoin prices wake up from the downturn
2016 - Bitcoin halving
2017 - go to the moon
2018 - the bitcoin problem is usually about HACK
2019 - Bitcoin prices wake up from the downturn
2020 - Bitcoin halving
2021 - try asking your grandma?  Grin

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November 10, 2019, 07:40:28 AM
 #95

Quote
price will dump, it will have a hard time to increase again

Long term the price is just related to dollar declining which is generally true and likely to continue, by design even nowadays.   Then we just have to consider if Bitcoin population is rising, those in combination likely bail out Bitcoin from any dip no matter how hard the sell off might be in the moment.    Just like the spikes upwards, most of the price move is speculators and not truly a direct representation of market sentiment for actual holders and users, the less mobile in their affections are the ones who decide the direction for Bitcoin in the end and the rest try to guess its strength shorter term.
Agreed, market speculators are the one who make price dip and the direct representation happens when there is something positive happens in the crypto ecosystem. Halving causes the direct representation of the market changes, and now what we experience is the effect of speculation.

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November 10, 2019, 09:33:00 AM
 #96

Agreed, market speculators are the one who make price dip and the direct representation happens when there is something positive happens in the crypto ecosystem. Halving causes the direct representation of the market changes, and now what we experience is the effect of speculation.

As if there is a big changes in this market, even before, people are still speculating that's why the market remains volatile.
We should get used to it and play the game the way it used to as that's our only chance to be satisfied here and we can avoid complaining because we embrace that norms of the market that looks abnormal in the eyes of the people who are more into traditional trading or on traditional type of investments.

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November 10, 2019, 02:40:07 PM
 #97

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?
Im stucked between expecting another huge dump or direct continuous pump. Most of the investors are now frustrated of the lack of price increase on the market value of cryptos which gives them doubt for doing so. We hve seen how long is the dump occurring up until this point. And maybe if there will be more, more people might quit this industry. Let's hope that the next thing that would happen, is something to look forward for next year, since this year is about to end and many assumptions are being formed.
The dump is over, quote me on that. Now it's a slow rise to the upper level of the trading range with maybe a few outbreakes over 10000$.



I really like this long term perspective, so don't get your arms shaky. It's going to be a wild ride, no matter what.



It looks like your charts are very similar to prediction made by someone (it is not my chart and i don't remember where i found it) on this chart:



This chart was made in July last year and we see prediction $3000 in October this year. It didn't happen, but maybe we will see one more dump.

.
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November 10, 2019, 02:48:33 PM
 #98

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.
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November 10, 2019, 02:56:54 PM
 #99

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.


Whales are desperate and they are working hard to trigger a big dump on the bitcoin price. They wanted to catch as many bitcoins possible from small time investors. Whales know that we cannot stop bitcoin growth long term because of halving and more adoptions around the world. There'a also the hype of another price surge this December. 

 
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November 10, 2019, 03:07:09 PM
 #100

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.

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