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Author Topic: Wait for the dump  (Read 1070 times)
santiPOGI
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January 28, 2021, 10:48:23 PM
 #101

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

At the present time now, based on what I had discovered about the Bitcoin whales here in this field of business industry,
they're goal at this point of time is 40k$ each, then after it happens for sure it will dump a little while then spike again
just like the old ways before during 2017. Therefore, 100, 000$ is very much possible to achieve this year.
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January 28, 2021, 11:15:30 PM
 #102

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
Mate, congratulations, you've been waiting for the bitcoin dump, because according to your prediction,
Bitcoin dump at 30k and now in the support zone, I'm very worried if $ 30k won't hold, what do you think? is it worth buying bitcoin at the current price? Many people say that bitcoin will dump deeper up to $ 25k - $ 26k,
usually whales will play with liquidation in futures trading, really interesting.
the possibility of going back to the price of $ 20k is very possible so if you want to buy bitcoin make sure you are ready with all the possibilities where the bitcoin price will move because until now no one can predict exactly the movement of bitcoin prices.
I have a doubt about Bitcoin going back to $20k while looking at the current volume of Bitcoin today compared to 2017 there's no way it would drop back to that price, unless if bigger institution who holds more Bitcoin starting to dump everything, that would make Bitcoin to drop too quickly to what people are expecting to see such as below $20k.
With each day more and more good news coming to us, do you guys think Bitcoin would dump to what you guys been expecting?

3996
laredo7mm
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January 29, 2021, 05:27:58 PM
 #103

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

This time this won't be so easy. We all have seen how an influential person can change the whole scenario. Elon mask changed his bio to bitcoin then bitcoin price started pumping. People are too positive about bitcoin this year and the price tested 29k levels many times. I can see a long bull run in the bitcoin market and massive investment coming through institutions.
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January 29, 2021, 10:45:31 PM
 #104

realistically bitcoin in this year touched $ 50k. If the price of $ 50k is reached I think it will be easy for bitcoin to go above that price. So I think bitcoin should find a safe price first and then go further this year

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January 29, 2021, 11:42:58 PM
 #105

Yesterday, the price of Bitcoin was instantly pumped in just 5 minutes, and now in less than 24 hours the price dumped
around 4, 000$ something. And I think we can start to buy now or it depend in your hands if you invest or not. Because price moved only
in between 30k$ up to 38k$ each bitcoin.
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January 30, 2021, 05:08:23 AM
 #106

If people do not care about the price of the bitcoin it will repeat what happen to the bitcoin last 2017 because people during that time they care about their profit they get or they want to be safe their profit or they panic selling because of the news before. But now I think low percentage to happen that because base on what I see price is starting again to pump which is good to see and hope it continue.
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January 30, 2021, 07:03:36 AM
 #107

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?


 I believe Bitcoin will hit $100.  I don't know if it will happen in 2021 or it will take longer. 

However, I believe it. The demand for bitcoin is increasing day by day.

Lots of companies have started adopting BTC.
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January 30, 2021, 07:54:41 AM
 #108

it looks like the resistance at 28k $ is still strong although bitcoin drops may be able to rise again later
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January 30, 2021, 11:05:16 AM
 #109

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

Bitcoin at this point could easily reach a high price in the market at some point, for me, it's just normal for bitcoin to get a bit of a pullback for now considering the pump in the last month reaching a new ATH in the market.

The number of articles that a millionaire or celebrities that are investing in bitcoin are really on-trend right now, plus as well as Elon Musk himself changing his bio on Twitter into Bitcoin.

Easily the market price of bitcoin spike in just a matter of minutes reaching up to 38,000k$ in the market, at this time a lot of people believed in bitcoin plus this influencer. In my opinion, we could easily break the new ATH at any moment if we break the resistance.


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January 30, 2021, 12:54:43 PM
 #110

That happens.

Obviously, doesn't mean it continuously climb its way to $40K, doesn't mean it will be easily reaching price marks such as $50K and $60K that easily. We are expecting the price correction and it did happen. You don't need to say it like that because there might be those weak hands that might sell immediately. Just look at it as a last chance for those people who wanted to reinvest or invest.
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January 30, 2021, 01:20:42 PM
 #111

I still see this as a correction. We have seen around 8-10 completely green weeks now around 20-25% dump from the All-time high looks pretty much like a correction. But yes if you see the 2017 scenario at that time too people said that this is merely a correction but went on to a big dump for a long time. But at this point market is too choppy with huge volumes and it doesn't make sense to enter and exit the market in this scenario. What an intelligent person would do is either keep on holding if he does not need money any time soon. Otherwise, sell everything at this point and buy if you see some bull trend coming again. You might lose somewhat on BTC but will gain in dollars.

I do believe also that this was only a price correction which i hope that it wouldn't be same way as like wayback year 2017 which after the ATH and after the two much awaiting seasons of the year ends and so the price dump also. Some of us here are waiting for the dump which of course they would take it as a chance to buy bitcoin and also some of us here will sell their bitcoin because of price correction. But if i were you, if you'd still didn't need money as soon as possible or in near future, better to hodl it.
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January 30, 2021, 01:56:32 PM
 #112

How do you determine if a Bitcoin dump is coming? For news it is something very cliché, now if we look at the volume, the shorts and longs it may be, however, we are in the midst of a pandemic, which is like a great fundamental and Bitcoin reached a new ATH, the price reached $ 42k, and it reached the $ 30k- $ 32k levels, I think we are in the normal market correction. It is difficult but not impossible for the price to fall further, although I see it very difficult.

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January 30, 2021, 04:19:34 PM
 #113

I do not think it will even drop to half of its current price. $11000 seems way too looking at the achievements in terms of where it has been before. I know many new entrants anticipate and pray for such a low price but this may never happen again.
The half of current price would be around 17k, that shows that even if we drop 50% which is a huge crash to be honest, we would stay be way off 11k levels. I agree that it is nearly impossible for bitcoin to reach those levels, why would the price be that low when it could be a lot higher even after a huge 50% drop? For bitcoin to become 11k that would mean a 68% or so drop is required and honestly that hasn't happened since the 2018 huge crash.

Not saying a crash like 2018 is impossible, but that is a very rare thing to happen and right now we have all those billionaire class with us buying bitcoin in thousands so it would be very hard to achieve that during those super rich people buying so many bitcoins. Sellers would need to cover that along with all of other buyers and on top of that put 68% more crash required to make it go down. That sounds quite unlikely.

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January 30, 2021, 04:26:33 PM
 #114

Much more dump done from 40k to 30 k now its time to pump. We will see 50 k soon in coinmarketcap.
Traders who bought in price of 30k will get very high profit.  Crash like 2017 will not be happened. Many new trader with big trading amount are willing to add fund to btc and this will pump btc

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January 30, 2021, 05:26:35 PM
 #115

Don't think this bullrun is over yet.

Keep faith in Digitalik's Stock to Flow model  Wink

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January 31, 2021, 04:57:57 AM
 #116

Much more dump done from 40k to 30 k now its time to pump. We will see 50 k soon in coinmarketcap.
Traders who bought in price of 30k will get very high profit.  Crash like 2017 will not be happened. Many new trader with big trading amount are willing to add fund to btc and this will pump btc

They are just some of the people that invested.

The time they've invested, the price is at $30K, yeah it is a great profit but it is not that huge. Just imagine the profit of those that invested while the price is falling at the $4K and $5K price mark. They had a huge profit when the price rose to $40K, just imagine if the price rose to $50K, or $60K, that would be bigger, that is why keep on holding.
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January 31, 2021, 07:39:00 AM
 #117

Bitcoin value worth will kick it's cost without a doubt again on the lookout. They are exceptionally terrified in the event that they see bitcoin drops down a piece and imagine that it's at last the finish of it. Yet, for most that have experienced the last two years bear market and the other prior years, this is only a simple method to say that you actually have the opportunity to purchase.

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February 17, 2021, 08:49:59 PM
 #118

I was also worring about the crash that happened in 2017 cause bitcoin price is too much pump to imagine but after analysis about the environment around bitcoin, i don't think it would dump rather bitcoin would kick the $100k level soon.cause it already worth a lot.it its standing on correction and bull run is still on the way to make a nea record. So its better to forget about crash and lets wait for $100k

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February 17, 2021, 09:26:55 PM
 #119

Right now common users of bitcoin keep holding and expect for a dump to buy at a lower price. Large scale investors keeps pouring and makes the market progress to reach new ATH. Most of the large scale companies that has invested on bitcoin have already booked the profit. Upon this anytime they can take back the funds, but it won't happen as these people are much into bitcoin and has understood the need of technology for the future.

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February 17, 2021, 09:29:02 PM
 #120

I was also worring about the crash that happened in 2017 cause bitcoin price is too much pump to imagine but after analysis about the environment around bitcoin, i don't think it would dump rather bitcoin would kick the $100k level soon.cause it already worth a lot.it its standing on correction and bull run is still on the way to make a nea record. So its better to forget about crash and lets wait for $100k
Dont ever tend to cross out those probabilities because you might really get caught in the dump and might be ending up on holding for long years just like
what happened in 2017.You cant rule out those possibilities so its still better or wise to play safe rather than making yourself confident that there would
be no dumps on upcoming months to come.We cant deny that adoption is really increasing as years passed but to think on whats the main motive on why
they do tend to jump in into this market? I dont believe they do go sole for adoption or integration but rather on making money for sure.

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