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Author Topic: THE BEAR GUYS ARE OFF THE STREET  (Read 301 times)
Nadziratel
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May 03, 2020, 09:07:57 AM
 #21

I have no confidence in this, the price may fall again. We need to be prepared for this.

But I was never thinking bitcoin would drop with those charts drawn by users here. They speculate a lot and forgetting this is halving year. Now halving has come and corona is going away, bitcoin has all it takes to go up higher in nearest time.

If the issue is associated with halving, it is quite normal to expect a drop in Bitcoin price. Such a prediction can be made, as a situation occurring in previous halvings is expected to repeat exactly. This expectation also points to the price increase after halving. But there are some speculations about when this rise will happen.

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May 03, 2020, 02:35:40 PM
 #22

My friend says that bitcoin can go lower than $4k after the price rise higher, but he never tells when the time for bitcoin to go down. He only says that we must be careful from the dump that can happen anytime after the price hit the highest price, and we already see the price hit that highest price before. Well, I don't know what I suppose to do but one thing that I know that I need to analyze by myself, even if my friend suggests me to place an order in somewhere between $3,500-$4,000, I think I don't need to follow his suggestion until I can get more information about that.

Still, we will read so many predictions from many people that said bitcoin price would increase so high before the halving, and it will be back to the lower price and then the price will start the rally. They can make a prediction, but they still don't know if that will happens or not, and our jobs have analyzed the chart, and the order buy and sell to find more sign on where the price will go.

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