Top analyst warns a hard dump.

[mahilchii]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

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[BrewMaster]

random vocal people on the internet are not considered "top analysts". the fact that news sites report them like this only shows that they have ran out of stuff to post and get traffic so they succumb to posting nonsense.

ps. as always if they were truly experts they wouldn't have wasted their time posting their guesses all over the place.

[rodskee]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

what will you expect?this is normal everytime Bitcoin goes up,there are some analyst says we will be dumping hardly upto $3,000 level before Halving,but also there are bullish that we may reach high before halving and will continue growing the whole year.

now tell me ,whom we will need to trust?the bullish or the bearish?for me?i will trust my faith and my instinct because all of these so called 'Analyst" has nothing to give us but pressure both Bull or Bear.

[NeuroticFish]

The article is clearer that this click bait topic.
It tells:

he did warn of Bitcoin “dumping hard” if it breaks below the $8,900 level and closes beneath it on a daily basis.

Although it's not a great "margin", knowing that 5-8% fluctuations can easily happen, we are still 500$ far from that point and we seem to go upwards.
Of course, I don't deny that it will fall / adjust sooner or later.

[mk4]

the fact that news sites report them like this only shows that they have ran out of stuff to post and get traffic so they succumb to posting nonsense.

Welp, unfortunately it's safe to assume that those articles are what gets the clicks. I presume that these sort of nonsense price topics are what people share the most on social media, and, well, here. People sure do love speculating.

[bitmover]

Just ignore those top analysts
Even in traditional stock market top analysts know bullshit. Nobody can really predict the future. What if this Corona virus gets worse, bitcoin may get another pump again.

Everyday something really unexpected may happen that could affect bitcoin price. Those analysis means nothing.

[avikz]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

If you want to succeed in the crypto market, you need to firstly come out of the influence of such self-proclaimed top analysts. It was always a common incident whenever btc grows to a certain level. This is how whales and traders survive the market by riding the wave.

Personally I don't see a hard dump right at this moment because we are just 100 days away from the next halving. Dumping at this moment can be proved disastrous for the traders. But we really don't know the future. So don't panic about it!

[YuginKadoya]

Clearly giving up FUD will not surely help what we have now, and many are surely believing it taking the faith on Bitcoin away, And my point towards this is correction really happen and we can not stop it but if this dip could happen the floor could be at the $7000 USD mark it is still large enough to sustain your needs surely I prefer the long term holding and waiting patiently for another all-time high will surely pay off.

[dothebeats]

Anyone can be a "top analyst" on the interwebs without even proving their credentials. I don't even need to submit my history of trading on the internet and just release a couple of strong statements, coupled with a few fair of graphs and cross-referencing some other analysts and people will consider me a top analyst. These same lads have been prophesying a hard dump for a long time, and though on some occasions they got it right, their wrong guesses obviously outweighed their wrong predictions.

These kind of articles will never end, for sure.

[hotmom]

Analysts are people who just assume, but don't know for sure.

[The Sceptical Chymist]

Are the whales making a twist again?

I'm not sure what you mean by that, but I don't think it's necessarily whales that were responsible for bitcoin's recent rise, and if it falls a couple thousand dollars I wouldn't blame it on whales.  They're always an easy scapegoat, like the boogeyman.  Anonymous and mysterious.

Anyone can be a "top analyst" on the interwebs without even proving their credentials.

And since there's really no fundamental analysis going on with bitcoin, those analysts are just watching charts and seeing patterns that might not be patterns--and they're trying to predict future prices from past ones, which amounts to lunacy in my mind.

It's also not that hard of a prediction to make to say that bitcoin might drop after it's risen substantially.  That's happened so many times in the past that it's not worth the breath it takes to mouth the words of the prediction.  It's a derp prediction.

[eaLiTy]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?
Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

If you are following the news then you will understand why the analyst came up with the verdict, the US government is auctioning off 4000BTCitcoin which is worth more than $37 million on February 18 and if that happens then we might see a hard dump in the market and considering the date is public many people might sell off their coins thinking to get back in when the market goes down and if that happens then the market could go down.

[kryptqnick]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

Well, it's the first time I hear about this "top analyst". If he made one good prediction before, it does not mean he'll be right again. I think websites like Newsbtc should stop publishing such FUD because while a trader's words don't mean anything, this prophecy can easily become self-fulfilling if people start panicking after reading such speculations. In any case, Bitcoin dropping to $8k or something would not be that bad IMO. I mean, we've seen it there for a while, we can get past it again. Nevertheless, I choose to hope that this does not happen because it would mean Bitcoin has to wait even longer till recovery.

[magneto]

If resistance at that 10k level is high enough, then yes, it's entirely possible to have a sizable correction before the bullish sentiment continues.

But overall, I don't see much of a prospect for that given the fact that the wider markets are expecting a bull run and as a result, sentiment is very bullish and can even be somewhat of a self fulfilling prophecy.

Don't always blindly believe what 'top analysts' say. They can be swayed by opinion and sentiment the same way that we do, and even worse, they may have an underlying agenda to push.

[hugeblack]

Make your own decision and away from all the influences that may change your motivations to invest, as many of these analyzes are either paid or they carry exciting news in order to get more clicks "profits."

The analysis regarding the price collapse is mainly due to the fact that the price will be reversed due to the continuous rises, and that a collapse may occur before havling, "an attempt to buy at a low price before the rise."

[Bagaji]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

I am wandering how some of are made to be referred to as top crypto currency analyst because most their acclaimed speculation are not coming to fulfillment and people still regards them as top crypto currency analyst. I believe that they are just trying to great fud in other to make people to be afraid and start selling/ dumping for them to buy at the cheaper rate.

[Mahanton]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

I dont really buy in for those people who are so called top analyst or something.Even an ordinary trader can claim that there might be a possible dump.

Of course, each movement would have corresponding negative insights and we know that this market is very unpredictable, it would either go pump further
or would really have correction.

In case if theres really a dump then better ready your stashes to accumulate while its cheap.

[Kemarit]

I'm not seeing any hard dump, on the contrary Bitcoin and the rest of the crypto had one of it's successful runs this 2020. BTC above $9600 and Ethereum breaking $200 price after a long time.

That's the problem with crypto related media sites, they will just post random arbitrary numbers from this so called expert and try to make a big fuss out of it. The good thing is that crypto enthusiast now are not easily falling or listening from this "experts" anymore. Others might have learn to make their own analysis or completely shun away from this media personalities.

[sunsilk]

I have thought of, "who's this TOP analyst" and upon clicking the article, I don't even know this nebraskangooner. I don't see the sense of this prediction, this is like a typical random internet guy giving his opinion about the next possible move of bitcoin.

Everyone has that thought of "if bitcoin goes below $9,000 or $8,000 then it might break the support and will drop more, etc.".

[exstasie]

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again.

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

Traders are quite bearish these days. Everybody is shorting or calling the top:
https://bitcointalk.org/index.php?topic=5222343.msg53772310#msg53772310
https://bitcointalk.org/index.php?topic=5216455.msg53776859#msg53776859
https://bitcointalk.org/index.php?topic=5223338.msg53780175#msg53780175

Even I'm anticipating some sideways (if not a deeper pullback into the $8,000s) before we finally bust through $10K with authority.

As a contrarian, all this bearish sentiment is making me second guess that assessment. When everyone is bearish, we usually go up.