BITCOIN CORRECTION: PERFECT BUY TIME

[Murpheus]

I just checked my Metatrader charts today (in fact I use for analysis on crypto currencies majors)
Bitcoin has made a huge dip...
Some are wondering how deep this correction will dive...
Since predicting the market is all about probability I think the best time to buy is now 47,000- 43,000 range...
If you check it on the 4 hr timeframe, there was a resistance there before it broke out on the 12th of this month....
And if you are an experienced trader... A broken resistance always turns out to be a support...
If you want to buy....
Now could be the best time.... Am like 90% sure of that
My post is open to scrutiny....
Drop your suggestions!

[proudhon]

Since predicting the market is all about probability

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. When you use that method you can clearly see now is a very good time to sell and short at maximum leverage.

[Murpheus]

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. When you use that method you can clearly see now is a very good time to sell and short at maximum leverage.

I strongly disagree with you....
Am very sure you don't know about price action....
This prediction has a very high probability of turning out....
Look at your ethereum chart....
Just take a look at it...
Its already making a reversal..
And you will see its consolidating from its previous support of $1500...

[Wilhelm]

Since predicting the market is all about probability

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. When you use that method you can clearly see now is a very good time to sell and short at maximum leverage.

The stock market is a stochastic random walk so it’s non-predictable by definition and proof. If you could predict it you would not be here...

[Murpheus]

The stock market is a stochastic random walk so it’s non-predictable by definition and proof. If you could predict it you would not be here...

Then you agree with me that its a game of probability then??
Yes...
You don't need to answer...
Look at your Bitcoin/USD charts....
Now tell me which has the higher probability?? BTC making a reversal or continuing in its trend...
Remember the markets has a memory

[Wilhelm]

The stock market is a stochastic random walk so it’s non-predictable by definition and proof. If you could predict it you would not be here...

Then you agree with me that its a game of probability then??
Yes...
You don't need to answer...
Look at your Bitcoin/USD charts....
Now tell me which has the higher probability?? BTC making a reversal or continuing in its trend...
Remember the markets has a memory

It is a game of probability so yes I agree.
Bitcoin does have a pattern making it more predictable. The nature of halvings prescribes deflation.

This looks like a correction and I believe we are not at a reversal yet. It’s just BTC changing hands from weak to strong...

[Smitty Werben Man Jensen]

yes! thats a perfect for buy, but if you want to be safe, then buy at support $ 40k to $ 38k, because that is the strongest support from bitcoin. bitcoin is trading at $ 48K now and will probably retest to $ 52k before the price drops back,
if it is true that March is a bloody month, then an eliot wave will occur.

[Murpheus]

yes! thats a perfect for buy, but if you want to be safe, then buy at support $ 40k to $ 38k, because that is the strongest support from bitcoin. bitcoin is trading at $ 48K now and will probably retest to $ 52k before the price drops back,
if it is true that March is a bloody month, then an eliot wave will occur.

Thats too big a dump for one time....
At least you said March...
We are still days away....
There's still a chance for a bull run before that happens

[Fundamentals Of]

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

[Jating]

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have  gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

[Poker Player]

If you believe the price will get to $1M, probably in the next cycle, it doesn't matter. Buying some bitcoin $1k cheaper or more expensive won't make much of a difference. Just buy and hold. If you wait to get it $1 cheaper you risk waiting while it goes up a lot and you have to buy much later and much more expensively than you expected.

[snipie]

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have  gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

$60k in March shouldn't be hard imo. That barrier was almost hit this month. Good news about big tech buying Bitcoin pushed it and ordinary people should join the race too. We still need more adoption to pass this tiny barrier and in a couple of months maybe, the psychological $100k barrier!

[LUCKMCFLY]

Trading decisions are sometimes made according to the personality of the trader, many say that it is a good time to buy, according to what little I know, it is bad to buy at highs, but to buy it is better to do it when millionaires do it, and the best way of knowing it is studying the volume, very few read the volume and focus on chart figures.

[thecodebear]

Nice dip to load up more! I don't have much extra money to buy more but I did pick up a little bit more at $45,550 cuz I saw $45k and I was like ok no way I just let this opportunity pass!

Since we literally just got out of a major correction like two weeks before this drop I don't expect this one to last too long. Market just needed to find some support after blasting up $20k in two weeks. Great time to buy for quick returns if you're a trader, or just to accumulate cheap btc to hodl.

[Furious 7]

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have  gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

We have to hold a stronger grip now that is the right buy, when the correction occurs there is a little bit of panic and it will not take long if we are sure with a purchase under $45k maybe the profits are in sight just a matter of hours bitcoin has jumped again but now I more confident $50k is still below after entering march we will see how bitcoin will touch $60k and above.

I also actually want to see how bitcoin moves in the second quarter, will it be the rest of the first quarter or indeed the peak is 100k, as many predictions have previously imagined?

[Fundamentals Of]

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have  gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

That's right. $60,000 within March is probably going to happen. But it seems that the battle is happening right now at $50,000. If Bitcoin will be able to get away from this hard level, it might very smoothly reach $60,000 in the first half of March. But I don't think Bitcoin has already a very strong grip on $50,000. We are still seeing $49,000 level prices every now and then. Bitcoin's hold on $50,000 is not stable.

[michellee]

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have  gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

That's right. $60,000 within March is probably going to happen. But it seems that the battle is happening right now at $50,000. If Bitcoin will be able to get away from this hard level, it might very smoothly reach $60,000 in the first half of March. But I don't think Bitcoin has already a very strong grip on $50,000. We are still seeing $49,000 level prices every now and then. Bitcoin's hold on $50,000 is not stable.

The price now breaks the $51k level, so we will have the opportunity to back to the high price while still having a few days until the end of this month. Hopefully, everything can back to $58k before or after next month, giving more chances for bitcoin to still increase. I think the perfect day to buy bitcoin is already coming yesterday when the bitcoin price goes down below $50k, but you can buy bitcoin at the current price. But the perfect time to buy bitcoin is when the bitcoin price is down deeper.

[Fundamentals Of]

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have  gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

That's right. $60,000 within March is probably going to happen. But it seems that the battle is happening right now at $50,000. If Bitcoin will be able to get away from this hard level, it might very smoothly reach $60,000 in the first half of March. But I don't think Bitcoin has already a very strong grip on $50,000. We are still seeing $49,000 level prices every now and then. Bitcoin's hold on $50,000 is not stable.

The price now breaks the $51k level, so we will have the opportunity to back to the high price while still having a few days until the end of this month. Hopefully, everything can back to $58k before or after next month, giving more chances for bitcoin to still increase. I think the perfect day to buy bitcoin is already coming yesterday when the bitcoin price goes down below $50k, but you can buy bitcoin at the current price. But the perfect time to buy bitcoin is when the bitcoin price is down deeper.

I checked CMC right now and it has indeed broke $51,000. It is already almost $51,500 to be exact. I think this is the beginning of the rebound. The correction recently was deep. Bitcoin fell down to as low as $45,000. With the success of Bitcoin's price to stay away from $50,000, I think we are now ready to go up targeting $60,000 within the next two weeks at least. If things are working normally, $60,000 is really within reach in March. If some whales will dump, then it will not be met this time.

[Murpheus]

If you believe the price will get to $1M, probably in the next cycle, it doesn't matter. Buying some bitcoin $1k cheaper or more expensive won't make much of a difference. Just buy and hold. If you wait to get it $1 cheaper you risk waiting while it goes up a lot and you have to buy much later and much more expensively than you expected.

Lmao



10,000dollars can still make huge difference...
Am speaking as a trader... Not a long term investor....
In fact I don't HODL any coin... I seize the swings

[serjent05]

Since predicting the market is all about probability

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. .

Sadly this solid science you are talking about also declares a probability of the price trend.  So the core purpose of this said process is knowing which trend has a greater probability of appearing.

When you use that method you can clearly see now is a very good time to sell and short at maximum leverage

No one can clearly see the trend since all those predictions using this so-called solid science and mathematical calculation always have this "if" statement meaning they acknowledge the possible opposite outcome of the calculation nullifying the "clear" state of the prediction.  And btw, there are lots of instances where this kind of method is proven wrong by the Bitcoin market.