One more dump before halving?

[bitbunnny]

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.

We always blame whales for price manipulation but I don't think they have such influence. In fact I don't believe that Bitcoin market is manipulated.
The price is more or less stable now at around 9000$ but some corrections are still possible. However I don't expect bigger dump but price might get to 8000$ again before halving.

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[karanggatak]

yeah maybe bitcoin will dump before halving in 2020. and this also provides a good opportunity for us to add to our bitcoin. I use bitcoin for a long term investment. I'm not too worried if bitcoin dumps because I'm sure after a dump bitcoin will pump again. investing in bitcoin does require patience and also don't use emotions when investing in bitcoin. so if in the next few months bitcoin goes down I will not be afraid and will hold it.

[Colt81]

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?

Indeed. One more dump and bitcoin will start halving, so i think bitcoin halving might happen in the starting year of 2020 because in this year of 2019, bitcoin is trying to recover it's price due to it's downfall. But as i can see bitcoin's price is still not yet increasing since the month of October because bitcoin is not improving it's price up to $10,000 and it only stays in $9,000+, so i hope bitcoin could go to the moon again in the near future.

[BChydro]

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?

Everyone who invest in the market believes that the market is going down because of manipulation by whales and if that is the case why we see people selling during that period, do these people have no media knowledge and wake up one day and start selling  . If everyone thinks and believes that these price of bitcoin is going down because there is manipulation they can wait for the recovery but that is not the case. In short there is something above manipulation for the market to go down, people trade in a market according to the market situation and if you are not comfortable in selling at that point you are free to hold your coins.

[Dart18]

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.

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?

[BitHodler]

But as i can see bitcoin's price is still not yet increasing since the month of October because bitcoin is not improving it's price up to $10,000 and it only stays in $9,000+, so i hope bitcoin could go to the moon again in the near future.

Bitcoin has seen the moon already. I don't think there is much more in it than the price to trend up from here, which is perfectly fine considering the fact that it allows people to comfortably accumulate Bitcoin.

People usually only care to touch Bitcoin when the price is pumping, but that usually is a sign that you have missed your buying opportunity.... your aim should be to sell into a pump, not to buy.

For the people who always buy and sell too late, but don't know where they go wrong, just do the exact opposite and you'll notice the difference directly.... that's how I turned my losses into profits when I started initially.

[gabbie2010]

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?

That is also what the others are saying based on the previous charts. Before the pump that is believed to be caused by halving, there is a dump that happens. But we have very limited data on this except for the two previous halvings. Obviously though, the cryptocurrency environment is much different today than four years ago. So whatever pattern created by the two previous halvings may or may not occur once again during the incoming third halving.

If that dump really come to pass then it will be another ample opportunity to buy and hodl I believed speculators are using previous price history to predict the likely pump before halving however with the look of things its likely that the price might not go down below $9K thus denying us another opportunity to buy low and hodl expect if there is another whale manipulation.

[Naficopa]

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?

Personally, I think that panic sell will not come before halving. Maybe some corrections, but I predict a slow price increase untill next bull run around halving event.
However, all my friends who uses technical analysis (I personally think that it doesn't work for cryptocurrencies) say that everything indicates that before the next bull run comes, there will be another big dump.
Hopefully not..

[milewilda]

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?

That is also what the others are saying based on the previous charts. Before the pump that is believed to be caused by halving, there is a dump that happens. But we have very limited data on this except for the two previous halvings. Obviously though, the cryptocurrency environment is much different today than four years ago. So whatever pattern created by the two previous halvings may or may not occur once again during the incoming third halving.

If that dump really come to pass then it will be another ample opportunity to buy and hodl I believed speculators are using previous price history to predict the likely pump before halving however with the look of things its likely that the price might not go down below $9K thus denying us another opportunity to buy low and hodl expect if there is another whale manipulation.

No guarantee that we wont be heading back into those numbers.We already make such speculation back in the past having that common line "we wont go back into the price of XXXX" but what happened? We go down into that level and btc broke on anyones hopes and speculation. This is what makes this market very unpredictable. Dumps doesnt only happen once in the way when we are still approaching the halving event.It would either just slowly climbing or it would compose a wavy move of rise and dumps along the way.

[Saint-loup]

According to Bloomberg a dump could be imminent :
 
Bitcoin Enters Selling Trend as $10,000 Level Serves as Barrier

Following October’s rally, a technical indicator is showing that Bitcoin is entering overbought levels.

The cryptocurrency’s Global Strength Indicator, a measure of upward and downward movements of successive closing prices, is nearing the 70 level, meaning its price is likely to soon decline after becoming overheated.

The price movements resemble when the digital currency traded around $12,000 in August, but failed to break through the resistance and then suffered a drop, losing about $2,000 a coin over the following two weeks.

Bitcoin faces solid resistance at the $10,000 level, with investors having difficulty valuing it given continuous debate on whether or not it’s an asset or a currency. For many investors, Bitcoin will need to break that barrier for confirmation that meaningful gains could continue.



https://www.bloomberg.com/news/articles/2019-11-05/bitcoin-enters-selling-trend-as-10-000-level-serves-as-barrier

[StayFly]

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 manipulations 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?

Usually there are two dumps after a major bitcoin halving but there is no guarantee to that. Normally, after a bitcoin price halving we might see two different bitcoin dumps before the next bitcoin halving. The real issue is, the market may go up instead of going down because the dump is not permanent.  

[daarul50]

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.

We always blame whales for price manipulation but I don't think they have such influence. In fact I don't believe that Bitcoin market is manipulated.
The price is more or less stable now at around 9000$ but some corrections are still possible. However I don't expect bigger dump but price might get to 8000$ again before halving.

no matter what i wish the dump happens more often so i can compound more bitcoin for the day that it will skyrocketed to the moon.

before or after the halving , it is almost a sure thing for me . make it $6000 again please anybody? whales ? dump it all please hehe
we should not ignore the fact that bitcoin price was so impossible to reach $10000 in 2009 2010 2011 , it is similar situation now that 1 bitcoin= $1 million dollar is impossible but not impossible in 2030 2031 2032? think for the long term and you will not gone MIA .

we are still considered as an early adopter as less than 5% of the total world population has not been using bitcoin/involved in cryptocurrency, the chance is widely open.

[drachman]

We always blame whales for price manipulation but I don't think they have such influence. In fact I don't believe that Bitcoin market is manipulated.
The price is more or less stable now at around 9000$ but some corrections are still possible. However I don't expect bigger dump but price might get to 8000$ again before halving.

I disagree, the whales do have that kind of influence look at the difference in which the price of bitcoin began to go up months ago, it was a slow growth that at first did not seemed as if it was significant but it was, that is the sign of a healthy growth and take a look at what happened one week ago when the price in a period of 24 hours jumped 3000 dollars, that looks manipulated to me and since then the price has not being doing much and there is no hope it will do anything unless the whales keep playing with the price.

[alexsandria]

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 yes specially those smart ones. But nevertheless it won't have probably a huge effect on the market. What's for sure for now is that in the incoming halving we might be able to experince a sky-rocketted market hoping it so, but it never failed since the last two halving way back then. But what I fear the most is that what will be the situation after the halving? Probably next few months after that and so on.

[Fappanu]

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.

[Naficopa]

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 yes specially those smart ones. But nevertheless it won't have probably a huge effect on the market. What's for sure for now is that in the incoming halving we might be able to experince a sky-rocketted market hoping it so, but it never failed since the last two halving way back then. But what I fear the most is that what will be the situation after the halving? Probably next few months after that and so on.

If with the price of Bitcoin happen the same as during previous halvings, in few months after this event we can expect a large price drop. But the topic, concerns what will happen before the halving event - and in my opinion, if someone did shopping now, he should just sit down on the sofa and wait for the bullrun and not worry about what will happen with the price until halving.

[noninum]

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.

[fullhdpixel]

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 whales manipulation and I must confess to you that they really know how to play their games very well, they are really taking advantage of their financial strength, so there could still be a major dump ahead of the halving of next year which would make them to accumulate more of those coins, but now that we are beginning to study them and understand their ways of operating.

 I think what we should just be doing too right now is to accumulate anytime that they crash the market and then sell anytime that they pump the market till further notice when bitcoin will get stabilized and they will not be able to manipulate the market again, then, the real purpose of bitcoin establishment can be really achieved when all the coin has been mined.

[Naficopa]

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.

[STT]

I think the decline will be more of a spiral of lower aspirations in the period prior to any halvening type hold helping price to find a footing and even rise some.
   We had a bit of a sell just now I see but its come back right away, I'll post the 1 minute chart because this price history evaporates quite quickly



I would post the smaller chart but I hate having to zoom for any detail.    Better conclusions come with wider time frames, bigger bars 4hr is a good one imo.   But this topic question I think is probably best suited to daily bars and we are still above the 200 day average, this blip down was a brief break below.