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Author Topic: Top analyst warns a hard dump.  (Read 801 times)
bitbunnny
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February 24, 2020, 09:09:26 PM
 #81

What does that mean top analyst?' That is no reference at all. I think that people often give too much attention to so called different Bitcoin experts that often only confuse people are spread disinformation.
However, we all know that Bitcoin is volatile and that corrections can happen all the time and they probably will. But to claim that there will be hard dump you need to have at least some relevant data to.support that.

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February 24, 2020, 10:13:28 PM
 #82

What does that mean top analyst?' That is no reference at all. I think that people often give too much attention to so called different Bitcoin experts that often only confuse people are spread disinformation.
However, we all know that Bitcoin is volatile and that corrections can happen all the time and they probably will. But to claim that there will be hard dump you need to have at least some relevant data to.support that.

You are a bit denying yourself.. Analysts base their opinions on data. At this point, it looks like they are taking into account data from previous halvings.
If you look at historical Bitcoin price charts, you'll see that the bull run always started a few months after halving. We are currently observing large price increases, but it is much too early for the bull run to start, so it is very likely that we will see another big price dump before the next bull run begins. I understand it this way.

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February 24, 2020, 10:34:30 PM
 #83

Should we have to sell it now because someone says a huge dump is coming? Definitely, not and I'm not worried about that speculation or even bothering me and think of selling. People could play some foolish thing and they are free to say something stupid or anything that could make weak hands become weaker.

I believe this was just pure market speculation and no basis for its dump. And I don't believe anyone who will say like this because, in the first place nobody knows exactly what will happen today, tomorrow and for the incoming.



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February 24, 2020, 10:54:06 PM
 #84

Should we have to sell it now because someone says a huge dump is coming? Definitely, not and I'm not worried about that speculation or even bothering me and think of selling. People could play some foolish thing and they are free to say something stupid or anything that could make weak hands become weaker.

I believe this was just pure market speculation and no basis for its dump. And I don't believe anyone who will say like this because, in the first place nobody knows exactly what will happen today, tomorrow and for the incoming.

Of course nobody should make investment decisions based on this information. This is pure speculation, and in fact anything can happen. What we write about here is only what we believe. The cryptocurrency market is too liquid to be sure of anything.
If someone invests long-term, they should not read it at all. However, if someone invests in short term, then they should be careful, because in my opinion a hard dump of price before halving is very possible.

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