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Author Topic: What are the real reasons of recent BTC rally?  (Read 535 times)
andycarrol
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January 19, 2020, 01:12:56 PM
 #61

I saw your thread about halving and I saw it was quite in accordance with current conditions, that 2020-2021 would be the peak, more precisely 2021 would be the highest peak if I saw the halving before. I really hope history can repeat it. most people who want to push bitcoin price down may have needs such as wanting to get the lowest price, even though in my opinion the price below 10k is still very cheap when compared in the future or the peak in 2021.
thank you for wanting to see and visit my thread, but I am not quite satisfied with that, I want to see the highest price in Q1 2020 for bitcoin and other crypto markets, if it develops and prices increase at the beginning it will be very good for the future, I need look at the next few weeks to get the highest price prediction analysis for next year, let's look at it later
if before halving has increased quite high, does that mean halving in 2020 has a fairly high hype? People think it will go further than 2017. Because many famous influencers predict prices can go as high as $ 100,000. but true, let's look at the beginning of the month in 2020, whether it can faster to touch above $10k.
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Fappanu
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January 19, 2020, 01:27:50 PM
 #62

Maybe it's because of the approaching bitcoin halving or maybe a Bull trap.

There are many reasons why this is happening, but it is best to be happy now that we have seen bitcoin prices rise again. And of course secure our profit now so that we can recover from past mistakes
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January 19, 2020, 01:56:56 PM
 #63

Maybe it's because of the approaching bitcoin halving or maybe a Bull trap.

There are many reasons why this is happening, but it is best to be happy now that we have seen bitcoin prices rise again. And of course secure our profit now so that we can recover from past mistakes
This morning I just convinced that this is a genuine bullish, a few hours later bitcoin fell 3% from the price of 9.1k usd to 8.6k usd. lest this mean is bull trap? all markets blush all.but at least I was able to sell some assets at 9k usd, pretty good profit.
now I am confused again, between genuine bullish and bull trap. Cry

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January 19, 2020, 02:58:05 PM
 #64

What rally?
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January 19, 2020, 03:26:29 PM
 #65

I think it could have something to do with the halving as well, but you have to remember not long ago Bitcoin was above 10K and because it is the new year nothing much has changed.
Other then the Halving comming up soon it could have something to do with the halving a lot more people are aware of it and maybe dont want to miss out, I think it could be a bull trap as well.
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January 19, 2020, 04:00:27 PM
 #66

~snip~

On a speculative level there are many reasons:

1.- The effect of the possible war with the problem between the US and Iran, can be a powerful reason to have increased, is considered a fundamental.

2.- They may be testing offer at higher price levels, as the offer is eliminated the accumulation or re-accumulation stage accelerates.

3.- The Halving effect, which, is very close, can cause emotions that move the market.

We must also consider all the plans already made of the Strong Hands or whales, because you should not overlook all those little bullish traps or bearish movements to jump the Stop and buy cheaper, all to take the Bitcoins from the weak hands. .

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radjie
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January 21, 2020, 05:40:54 PM
 #67

Maybe it's because of the approaching bitcoin halving or maybe a Bull trap.

There are many reasons why this is happening, but it is best to be happy now that we have seen bitcoin prices rise again. And of course secure our profit now so that we can recover from past mistakes
This morning I just convinced that this is a genuine bullish, a few hours later bitcoin fell 3% from the price of 9.1k usd to 8.6k usd. lest this mean is bull trap? all markets blush all.but at least I was able to sell some assets at 9k usd, pretty good profit.
now I am confused again, between genuine bullish and bull trap. Cry

no matter the recent rise of bitcoin is an indication of a trap or not, the most important thing is when the market situation increases as much as possible we should be able to make a profit by utilizing the situation that occurs in a short time, and of course this situation is mostly only carried out by term traders short to be able to get quick profits

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