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exstasie
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November 06, 2019, 07:06:07 PM
 #21

Short term: unpredictable. A dip to $8,500-$8,800 is possible. Or we could just keep ranging a while.

Mid term: bullish. I believe the bottom is in and we are now slowly reversing back into a bull market. For the next couple months, I think the market will have a sideways/upwards bias as we range in the $8,500-$12,300 area.

Long term: bullish. I think we'll rise into the halving and afterwards. Chances are there will be a sizeable dip near halving time as people "sell the news" but I don't believe it'll affect the long term trajectory.

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November 06, 2019, 08:02:27 PM
 #22

With all of those predictions, we have to realize that no one can really predict this market. Perhaps, they have a close prediction but it wouldn't be like that all of the time. We don't know what lies ahead before halving, it could be 50/50.

There will be other events that can push the prices up but we have the same perspective about halving. I think the majority are into it and thinks positive outcome shall come after that.

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November 06, 2019, 08:32:03 PM
 #23

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?

First, theres no such thing about experts advise yet any words came out from others mouth is just also a pure speculation or without any basis but actually having some good points.

Second, its too early for us to say that there would no dump considering that we are still 196 days to go before halving and thats still a lot of time for us to make a conclusion
where dumps can happen in a matter of seconds.

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November 06, 2019, 09:39:29 PM
 #24

In cryptocurrency trading, hodling or investment. The one popular quote that many of us are familiar with is that 'cryptocurrency is unpredictable'.
This should mean alot . When you think their won't be any dumb, that is when you might experience the massive dumb but when you think otherwise, the opposite will be the case. The year is ending though, the supposed 'whales' might not want to harm their pile ups. We just have to look at the brighter side.
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November 06, 2019, 11:06:10 PM
 #25

With all of those predictions, we have to realize that no one can really predict this market.

Of course. The market is unpredictable, particularly the short term. That's why being a good trader isn't really about predicting market moves but reacting to them. That's where the real money is made.

Predictions are more about ego.

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November 06, 2019, 11:12:20 PM
 #26

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?

Which same pattern the whales are doing you're pertaining to? I do not see such patterns from the past before the halving. I can't recall there was a dump. Instead the btc price keeps on rising while it's approaching fast the halving. You're just overthinking and got bothered by your investment and react to every movement in the market.

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November 06, 2019, 11:36:03 PM
 #27

~

Not sure if its going to be big dumps probably just a slight people are selling out of fear. But I think the market is pretty much ready for some pumps. It may however start this last month of the year. And then the news about ETH2.0 will come and all other news that will eventually make this price rocket. FOMO will happen and then they are going to flock in crypto and then we will all again be predicting when the bears are gonna come back.

Nope, probably not a big dump, just a pullback after the bulls run hit some higher peaks, the market will correct bitcoin price. Bitcoin may chill at this point until next month, but there will be 3 scenarios in December, whether the price will rise, drop or hold above $9K, but I don't think it would be a pump, better to have gradual increases to $10K by the end of the year.
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November 07, 2019, 01:37:14 AM
 #28

If whales won't apply the same pattern as the past halvings, I think what they'll do is verify first the trend pattern and when it starts rising, they'll sell off to make some profit, then depending on how the people and the price reacts, they might buy in again if the prices continues to rise regardless of the dump made. This is the challenge to the market, everything is possible, and also unpredictable.
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November 07, 2019, 01:57:45 AM
 #29

Let's hope that a dump before halving won't happen as that will kinda scare the miners and it will give a huge opportunity for whales to feed more on the panic sellers ( including miners ) so I would exclude a big dump from equation. However , we may assists at a mini-dump before halv which will mark the enter of the strong bull market that will occur after so there will be no room for panic sell ( besides the weak who will scream again Bitcoin is dead ) and this will favor the hodlers and those who knows that the end of 2020 will trigger the injection of huge capital into Bitcoin. Besides this 2 things , its hard to predict anything else when it comes to Bitcoin...

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November 07, 2019, 06:46:33 AM
 #30

I would not call it a dump but lower is certainly on the menu and more so then new ATH I believe that first will occur before any great movement upwards.    My reasoning being that we are not on trend for price movement, so we are not set to on a regular path upwards and its true neither are we determined on a lower course either.    But I'd say like a glider there is some inevitability without a good updraft or trend buying occurring many will not be happy to just stay in Bitcoin and wait and thats the boring story quite possible for the next few months or so.
   If we do find ourselves in a lull then price wise we can go lower, just from weak hands dropping out.   The recent perspective is exciting news from China but words especially in politics have a short amount of energy, actual actions and under lying market moves are really what moves us.    To alot of peoples surprise Bitcoin is stronger then they ever believed but the price can range within quite a wide area and I think we can revisit lower prices not seen within the last few months.
  Its quite ironic I was thinking earlier, in 2017 when China said alot of negatives in 2017 Autumn we do go lower but ultimately it was a step lower only to find a foothold to a much bigger move upwards.  Now China has blessed us with some positivity and we go higher on that, but if anything happens especially in reversal of policy then inertia will be some time and weight to alter longer term price momentum.

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November 07, 2019, 09:57:30 AM
 #31

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?

Crypto traders often confuse the word price correction to price dump. The price of btc can still be slightly corrected before the halving in may 2020, the whales are on the buy signal after the chinese blockchain news, they will not risk to play the game of price manipulations because the chinese investors might accumulate more btc, drive the price higher and make it to be scarce.

We can only speculate what can really happen in the marketplace. Bitcoin is such a "beast" that can move in unexpected places where people do not predict it to be. In case there will be no dump or price correction before halving, then so be it that can be advantageous to me. However, since we are all expect a bull run because of the halving, a dip of the price can be a good opportunity for anyone to accumulate more Bitcoin.

Talking about China, I am seeing a possibility of a good and big spike in the volume of Bitcoin buyers from the Chinese people even before the government will be deciding on the question of this cryptocurrency. Chinese are known to be good speculators and more than anyone in the world they can be the first to seize any opportunity, specially with Bitcoin. Soon, China is going to be the biggest force and the most active influencers for Bitcoin. And I am hoping that bodes well for all of us.

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November 07, 2019, 10:19:24 AM
Last edit: November 07, 2019, 10:31:05 AM by LouVandetta
 #32

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?
We won't know until we get there.
I even expect dump before the halving. May be not a very deep fall, just a slight dump. But as you know, you're free to believe those expert's advises.
What they've predicted ain't always right. That's how prediction works. We'll know evetually.
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November 07, 2019, 10:39:30 AM
 #33

We won't know until we get there.
I even expect dump before the halving. May be not a very deep fall, just a slight dump. But as you know, you're free to believe those expert's advises.
What they've predicted ain't always right. That's how prediction works. We'll know evetually.

Yes, we need to follow the bitcoin price movements, and right now, bitcoin price gets the dump to the lower price. I hope that it's only for adjustment before the price increase. I hope that we are expecting to buy bitcoin at a low price and now the chance is there but still be careful because no one will know what will happen later. If you want to buy bitcoin, make it for more than one order buy and don't go all in.



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November 07, 2019, 10:54:53 AM
 #34

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?
There are almost 189 days until halving and the price can not always move upwards until this day. The price fluctuation has always been and will be. IMO the increase will not be slow, but BTC will increase in a short time in its own unique way. The increase should start from somewhere, and the continuation should be, then I believe there will be a big bang.
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November 07, 2019, 01:43:12 PM
 #35

Are we being reverse physcho here?  Grin
As much as I want to care but I dont.  Grin

They could do all they want and we will all be seeing it with the price.
If it declines then maybe they are selling, but what they have done with the last halving will already be obvious by now.
There are not much idiots by now when it comes to the market of bitcoin.

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November 07, 2019, 02:10:30 PM
 #36

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?

Maybe yes but still no one knows they are just taking precautionary measures as if concluding that the market might turn out differently than the expected one. Two halving had happened so, it just feel like abusing the system that the market itself will turn its back on us. Though it is still not so sure, they are just taking precautionary measures.

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November 07, 2019, 02:13:59 PM
 #37

Are we being reverse physcho here?  Grin
As much as I want to care but I dont.  Grin

They could do all they want and we will all be seeing it with the price.
If it declines then maybe they are selling, but what they have done with the last halving will already be obvious by now.
There are not much idiots by now when it comes to the market of bitcoin.
You have some point that's why i don't think they that stupid to sell when the market is dumping. It's like giving your hard earned money to the rich while they don't give a single shit about what you did. We should be wise to choose properly our decision when handling our own investment because one wrong move could be a catastrophe.

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November 07, 2019, 02:57:31 PM
 #38

I made a similar post last week shoeing concern about one more dump before the halving but after few expert's advise and review from tenured users I think the market will not go as predicted and we might not see any dump before halving as the whales cannot risk applying same pattern when the market is already aware of the forecast and might react differently if dump occurs. I feel there will not be any dump before halving but what's your opinion.?
Actually nobody know or maybe they just speculate if can guess what can happen in market. Because what can market do is follow the stream, i mean both case can possibly happen. But for me, not really agree with that, because if whales are real, they can do anythign to make people panic and then get cheap price. That is what people always means about dump before pump. Because although with same pattern, out there a lot of people still easily panic.

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November 08, 2019, 02:49:41 PM
 #39

Short term: unpredictable. A dip to $8,500-$8,800 is possible. Or we could just keep ranging a while.

Mid term: bullish. I believe the bottom is in and we are now slowly reversing back into a bull market. For the next couple months, I think the market will have a sideways/upwards bias as we range in the $8,500-$12,300 area.

Long term: bullish. I think we'll rise into the halving and afterwards. Chances are there will be a sizeable dip near halving time as people "sell the news" but I don't believe it'll affect the long term trajectory.

It is happening right now, bitcoin gradually drops below $8700, as expected, probably still continue to decline.
A good chance to stockpiling bitcoin obviously, before it gets back above $9000.
Buy in every dip.
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November 08, 2019, 03:15:51 PM
 #40

Short term: unpredictable. A dip to $8,500-$8,800 is possible. Or we could just keep ranging a while.

Mid term: bullish. I believe the bottom is in and we are now slowly reversing back into a bull market. For the next couple months, I think the market will have a sideways/upwards bias as we range in the $8,500-$12,300 area.

Long term: bullish. I think we'll rise into the halving and afterwards. Chances are there will be a sizeable dip near halving time as people "sell the news" but I don't believe it'll affect the long term trajectory.

It is happening right now, bitcoin gradually drops below $8700, as expected, probably still continue to decline.
A good chance to stockpiling bitcoin obviously, before it gets back above $9000.
Buy in every dip.

Hardest part is to point out on which price can be considered to be the bottom? It isnt bad though to buy to this low price but im

expecting for it to hover down to 8200-8300 which this would be good spot for you to enter or made a position then go for long back on 9k price.

I didnt expect for this decrease though but its just a matter of small percentage.A typical movement or normal day in crypto.

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