Bitcoin Will take brake

[Polo7]

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

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[exstasie]

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

What are these "precise calculations" based on?

You've been posting for months complaining about the bear market, wondering why the price isn't going up. It sounds like you've finally given up and sold?

Maybe this is a sign that people are capitulating.....

[dirgayeah]

precise calculation? wow, I really hope you are a pro trader bro?
so what is your consideration for saying that? maybe you want to share your's chart maybe TA or maybe you are an FA player?

[1Referee]

Bitcoin never takes a break.

I'm more bullish on these declines than I am on the way up because that always make me feel a bit uncomfortable. We all have these 'I should have bought more' moments, and it doesn't end until the price starts reversing. I am truly happy that I am being offered another opportunity to add satoshis to my hodl stack.

The price went up so fast after the April pump that it wasn't possible for me to time in some rational buys. Any buy at that point would be a fomo buy, which is something I protect myself against.

[barota]

in my opinion bitcoin have high value ; if someone want to sell his bitcoin he is free; but i dont think that panic is good for traders . and people who sell under 10 k they will regret in the future because prices bitcoin now very cheap
i hope those panic traders will correct their decision before bull run

[darkangel11]

25% drop of what? Bitcoin? Come on that would take us back below the previous bottom of 6500. Possible but not very probable if you look at the charts. Last time we were there in May and the halving is getting closer. Are there any technicals or fundamentals you can show us or is it going to be one of those" I have a hunch" predictions?

[Shinpako09]

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

Very precise calculations? really huh? Since when top level coins take a brake? Also, how did you get that very precise calculation? Can you please explain further so you can back up your claim and we can understand or it's only made by your mischievous thinking. We would like to know. As far as I know, for years i've been here, top level coins never take a break. Maybe there's season we've seen the price with small swing but they never take a break.

[Wexnident]

Yes. Yep. I can very much see these precise calculations right now. I am very much amazed.

Im leaving crypto If I Don't make money soon!!!

You can leave now. Your very precise calculations have led you from believing a bull run should have happened to bitcoin will now drop to over 25%, in addition to most of the top coins following through it. Just cause BTC has dropped recently to 7.1k, your belief of a bull run which has spanned for quite some time now has been already shaken without any given proof. BTC may be standing at 7.1k, but it's just a natural movement, one of which BTC has been doing for weeks now.

[adaseb]

Basically here is the issue I see happening.

Too many people are bearish and everyone is expecting at least $6K and maybe even $5K. Everywhere I look whether its some trollbox, this forum, reddit, twitter, discord, everybody is pretty much short. And when the sentiment is one-sided its usually never a good thing.

I agree, I look at the BTCUSD trends from a weekly chart and it looks bearish since its making LH and LL, and the $6K would be a great area to go long. However look what happened a few hours ago. There was a 1 minute candle where the price went up $250 from $7200 to $7450 and liquidated a whole bunch of shorts. And this wasn't a big move, imagine the amount of shorts that would get liquidated if we hit $500 or $1000. And when we broke the $7080 low, what happened? It barely went down and quickly retraced. So it looks like there are no more longs to liquidate and just shorts to liquidate. So be careful out there.

[bitvalak]

Don't expect an instant increase in bitcoin, you are going the wrong way. If you have only invested in a few months I think it is better for you to withdraw all your money with the analysis that you think is right.
It needs an annual investment to see to what extent bitcoin is able to provide good capital gains. It's not enough just to complain in the forum, there you will only burden yourself. 

[pooya87]

you seem to be way out of loop with the market

the "cheap coins season" that you mentioned started about a year ago when the dumps of the very same small cap coins ended while the bigger altcoins were still being dumped. the pumpers have been pumping these small shitcoins ever since. not a day goes by without some coin with a value of from 0.01 satoshi to 1000 satoshi gets pumped big time.

none of it has anything to do with bitcoin though. and don't link other altcoins to bitcoin just because they are ranked in an arbitrary list right below bitcoin. there is no connection. right now bitcoin is in sideways market leading towards some accumulation while altcoins are still in dumping mode.

[figmentofmyass]

Basically here is the issue I see happening.

Too many people are bearish and everyone is expecting at least $6K and maybe even $5K. Everywhere I look whether its some trollbox, this forum, reddit, twitter, discord, everybody is pretty much short. And when the sentiment is one-sided its usually never a good thing.

very true. that's the main reason i'm scared to sell anything down here---and especially to short. the chart looks like shit and it definitely feels like sub-$6500 is imminent. but i've been through these conditions a million times, so i know a short squeeze (like early august or late october) is very possible from these levels.

[AliMan]

Don't expect an instant increase in bitcoin, you are going the wrong way. If you have only invested in a few months I think it is better for you to withdraw all your money with the analysis that you think is right.
It needs an annual investment to see to what extent bitcoin is able to provide good capital gains. It's not enough just to complain in the forum, there you will only burden yourself. 

Don't take it as your burden, just be fair on your expectations with bitcoin so you won't be frustrated while the market decline so bad. What's important now is you know how to handle your stress in times of difficulties. Good capital gains cannot take in so short but rather be waited for the perfect chance to reach the best price. Bullrun is our only way to success, be calm and prepared all the time.

[daarul50]

let alone people switching off bitcoin to altcoins.

the real HODLer will keep bitcoin forever until the doomsday come. i know everybody is waiting for the moment altcoin to bouncing back to skyrocketing , will that moment really come in the near future? i think this is just a pure baseless speculation.
that the altcoins season is coming ,

but yes once again cryptocurrency market habit always wild , there is no expert can make any kind very percise calculations.
this is all pure speculation and people loves to do it the entire time.

[leea-1334]

Bitcoin price dropping by 1/4 is definitely a scenario we should be prepared for. Just remember that the low of the year was $3300 or somewhere there. So even if we drop to 5k or even 4k it is not as bad as it already was.

Just read somewhere the yearly lows keep getting higher every year. 2017 was 750. 2018 was 3100. This year 3300.

So the good news is 2020 should not be lower than that;)

[ecnalubma]

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

It seems that very you are confident of what your saying however it would be more precise if you have supported your statement, but I'd rather conclude that your statement is probably made up by your mind. If that 25% more drop will happen many happy souls will accumulate that lows considering it a Christmas sale.

[kapalmabur]

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

are you just talking You didn't accompany the analysis technique that you think is right, I'm sure everyone here will find it hard to believe you, if you say bitcoin will go down 25% I think you're also wrong, bitcoin is still stuck in this support, $ 7100, and if it goes down it might get stuck at $ 6500 after that, see you later

[el kaka22]

I don't understand people who come here and talk about "their secret sources" and their "precise calculations" and not give a proof of it.

Let me tell you something, NOBODY can calculate what will bitcoin do, and I mean NOBODY because bitcoin is a decentralized unregulated market, you may say it will do x but then I will buy or sell compared to what you said and destroy all of your logic. One big whale can come up and do whatever the hell they want moving the price whichever direction they want and there is no calculations to predict that at all.

People fail to understand the logic behind bitcoin for years and for some reason everyone gobbles these kinds of made up stuff all the time. I am sorry but you are wrong, you are very wrong, not because 25% won't happen but because you think there is a calculation you can make to predict bitcoin.

[panganib999]

Well, I kind of agree and disagree? I actually believe its more of an accumulation period but BTC never really did reveal what steps it would actually do in the future. Like right now, BTC is currently going down to 7.1k and is currently going down the bearish trend. Though this doesn't really mean that bears are actually succeeding, since bulls are still pretty much in action. Its kinda like the pulling rope right now, both are trying to take the wave but none of them want to give up.

[gentlemand]

Capital is invested into  3rd level coins...

So 'Wall St' has piled into all of those dead ICOs and forks? What a fascinating approach to, erm, investment.

Luckily I have Bitcoin God, Bitcoin Pay, Bitcoin File and probably Bitcoin Bitcoin to fall back on since the real one is being ignored. Best news I've had all week. Will this also mean someone actually starts to mine them so they can be moved to an exchange?