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Author Topic: Do you think that a new ATH is coming or a crash?  (Read 930 times)
TheBitcoineers (OP)
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January 16, 2021, 03:26:51 PM
 #1

The price is 37200 right now.
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January 16, 2021, 03:33:24 PM
 #2

You can never really know what the market could do, it's just that you have to be prepared. It's you against the market. Market doesn't follow you. We already have multiple breakthrough with the market and it might do another one or come crashing down again. It's something that we need to be prepared for, for sure, and it's up to you to do something about it. Be firm or not, no one is certain.

Even with someone who has a high win rate with trading can make a mistake because of the unpredictability. You should know that by now.

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January 16, 2021, 03:57:32 PM
 #3

So where have you been during the upgrade that exceeded many expectations? ATH should rest for a bit, bitcoin is following the whale's wish. so is it possible to keep expecting a new ATH in a row? Even though these crashes are just a natural part of Bitcoin, it will continue to grow. we only pay attention to its development.

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January 16, 2021, 04:12:05 PM
 #4

No ones going to really answer a concrete answer here tbh. It's all a what-if scenario at the moment, and even if we do look bullish, it'd probably be influenced by FOMO or something (mostly anyway imo). I'm more biased to a possible new ATH, though a crash happening isn't that odd. As we can see it has calmed itself quite a bit imo, fighting back crashing and going up so far, so as I said, it isn't really set in stone what could happen in the future.

R


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January 16, 2021, 04:19:46 PM
 #5

The next move depends on the whales dictating the market. No matter what signal the chart showing while whales moves is not synchronize with it, price will not go the way the chart shows. In able to predict the market, We should wait for the confirmation of the trend before we assume the future trend because its useless to predict what will be the outcome without a solid proof.

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January 16, 2021, 04:24:19 PM
 #6

I still believe ATH will come even though it is too late, because when ATH will come there will definitely be a price correction and it will cause a decline. So I thought that even if there was a drop it was only temporary and ATH would come back soon for crypto, so I thought it was natural


So am I. If Its the institutional investors are the ones that making the market bubble, $37k will just be the initial stop. Its too little for them to make huge profit after it.

I can only think the trillions of dollars for the crypto market, and right now its just 1 trillion. Comparing it to stock, the amount is just too little for them. Theyve got to make it bigger than 10T.

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January 16, 2021, 05:06:48 PM
 #7

The price is 37200 right now.

No one can predict because price can go both either ways neither a dump or a pump. This is the hardest part on dealing with the market is that you dont know on where it would be going.

Coming crash or pump? No one knows because it will all vary with the demand. Thing here is that you do know to utilize these movements.

Dont let yourself get too greedy and just set out goals depending into your own analysis or else you would really be losing money.

Be smart and be wise and dont get easily fall into FOMO or FUD. Sounds simple but this would be the biggest challenge of all as a crypto investor.
Im currently playing with the price movement as of now.

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January 16, 2021, 05:52:29 PM
 #8

The new ATH will come to the market, but we need to be patient because we don't know when it will come. We can only prepare for that time by buying more bitcoin and ready for the new ATH, which can happen anytime. I am sure you will not have thought if the new ATH will happen tomorrow or next week, but you can prepare yourself for the coming. But besides the new ATH that can come anytime, you must prepare for the crash because the crash can happen anytime too.

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January 16, 2021, 08:20:56 PM
 #9

No one can precisely predict the direction the market may swing towards now. Two weeks from now has been a lot of ups and downs for the cryptocurrencies making it difficult for anyone to  make a sure prediction of what the market will be.
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January 16, 2021, 09:08:58 PM
 #10

I am in that belief that a new ATH is coming. But, I'm open if a crash would come. Didn't some crashes came already when it had approached $42,000? I remember those crashes and they keep on coming as it try back to get near to $39,000. It is unable to know which will be the next price of bitcoin but to answer that, I'll just keep myself away from the negativity that says it will have a big crash and avoid those news that will make me emotional. HODL until a new ATH comes.

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January 16, 2021, 10:05:18 PM
 #11

Seem like the candle for weekly time frame will be formed as bearish sign, also as we can see in daily time frame candle has formed a double top which is a bearish sign as well, so what do you think?

Of course, bitcoin has its own to move. We don't even know what will happen next, it could be fall or increase and seem like the chance are equal. I just want to know the purpose you ask this question? It is because you have collected bitcoin and still hold until now or you have intention to buy bitcoin at the current price?
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January 16, 2021, 10:16:02 PM
 #12

I think yet another market cycle has reached the ATH and the price will decrease slowly mid-term. The next lows might not be as drastic as the last time, when ATH was 20k.
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January 16, 2021, 10:27:44 PM
 #13

Everything happens on a cycle. Bitcoin is under hard fluctuation over the two days. We're expecting better days for bitcoin than the past.

Everytime the market grows high, there'll be price correction. This price correction can also be stated as a crash when the downward deviation happens below certain point. Probably the market movement this time will have some limitations. As we've reached a new ath already, once again crossing the same won't happen in a short or in a simple way. It takes time, and the crash could take the price down to $10000, because it is the point from which the forward move began.

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January 16, 2021, 10:56:14 PM
 #14

The price is 37200 right now.
You probably miss that we reach already above $40k. I supposed to think that was already the NEW ATH. But if we talk about the crash, yes, it could be possible someday (not know yet) but I don't think that it be a hard dipped to happen.
The market sentiment is showing a strong resistance, many big companies are adopting crypto, institutional investors keep moving their fiat money to Bitcoin. I can see a sustainable market level at $10k if able it bounces back.
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January 16, 2021, 11:08:33 PM
 #15

The price is 37200 right now.

Short term, I expect the correction to continue. It may stay sideways for a couple weeks in the $30-40K range. Alternatively, there may be a second leg down to the $25-28K zone, if the market mimics what it did in June-July 2017, during the last bubble.

In the medium term, I am extremely bullish. I expect new ATHs in a matter of weeks. If a crash happens in the short term, I would avoid selling into it. Buy the dip; do not sell it.

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January 16, 2021, 11:22:48 PM
 #16

Well, this is a very complicated question because no one really knows what will happen to bitcoin and where it leads to the price of bitcoin.
Bitcoin now struggling to reach again the $40K in the market, but at least bitcoin did not fall down beyond $30K and it keeps resisting until now even though there is a correction. I think we already reached the new ATH, but if you are taking a crash, that will never happen because bitcoin as of now has solid investors that make the price maintain the range of $30k. I have doubt that whales trying to manipulate but that's never happened.









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January 16, 2021, 11:41:11 PM
 #17

The price is 37200 right now.
Maybe yes, maybe no.
No one knows whether it will be happening or not. IMO if bitcoin could break 40k resistance point and it could make bitcoin get another ATH again but again this depends on the market whether they wanna try to create another FOMO for bitcoin or not.
Let's forget another ATH until bitcoin can surpass 40k again.

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January 17, 2021, 07:02:33 AM
 #18

You can never really know what the market could do, it's just that you have to be prepared. It's you against the market. Market doesn't follow you. We already have multiple breakthrough with the market and it might do another one or come crashing down again. It's something that we need to be prepared for, for sure, and it's up to you to do something about it. Be firm or not, no one is certain.

Even with someone who has a high win rate with trading can make a mistake because of the unpredictability. You should know that by now.
This year and the previous saw an increase in institutional investors, there are still individual hodlers that are currently selling which could cause a hiccup in the market prices but if you look at it, the supply is still lower than the demand and institutional whales are not yet releasing the wave to make the prices slump, I think that the price will still increase.
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January 17, 2021, 07:12:29 AM
 #19

I'm not 100% sure but a new ATH would be on the time when in a lower timeframe, a single bullish candle penetrates successfully the resistance at $42,000. It is not impossible to have another ATH since again, we're still in a bullish market. However, price prediction would not always be accurate so make your own chart and do your own technical analysis for more assurance.

Either way, whether we're going to have another ATH or not, Bitcoin will soon rise above the clouds and go to the moon again.
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January 18, 2021, 03:48:49 AM
 #20

"ATH" is not really that shocking anymore because we are very close to new ATH everyday. When we were at 7k or 10k and asking if we would ever break over 20k was really a question about ATH because that looked very hard to achieve. Price has been between 35k-40k levels for nearly 3 weeks by now, and that is why I think it is not that shocking to have any issues with the ATH now, we could become 45k in a week and nobody would be surprised by that.


However the question is, could we have both of them? Could we reach to 45k 50k or even higher levels, and then drop? And if we end up with a crash, how long will it drop? I mean it could be 50k and drop to 30k and that would be a crash, or it could be 80k one day and drop to 50k and that would be a crash too, or maybe it will just be 45k and crash to 10k? That would be a serious crash. So question is not "will it be ath or crash" it will there be a crash and how low it will be?

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