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eaLiTy
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February 28, 2021, 04:29:34 PM |
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The hype is over. so we can expect it be bearish.
If we account the people who only invest because of Elon, we can say that some of them blame btc for losing their money as they've probably the ones who invest when it is in high, then the sudden dip so they're not coming back. If that's the case, it will go down and down as long as musk don't make a tweet.
Not sure whether the bullish market is over this fast as in the past the bull run would continue late till December and we have many months left and until you hear other huge investments coming in we might see a minor correction but that cannot be viewed as a bearish trend, i am expecting the market to rally once again and crosses the all time high valuation once again before we see a major sell off. |
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Pokapoka124
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February 28, 2021, 04:32:36 PM |
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I still believe we will hit 100k before the end of the year. The correction was bound to happen at some point but I didn't expect this huge dump. We just might dump to $36k lots of traders are already facing liquidation due to the dump
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molsewid
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February 28, 2021, 04:41:44 PM |
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we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
We have now a new candle after a 4h chart and it clearly says that bitcoin is going down below now, we're now in the bearish week i don't know how long it will lasts the least thing that I could do is to wait for it to touch the support if bitcoin passes to it, I think see you in 3years again our bullish season is over. It is time to accumulate again and wait for the perfect time to sell in the future. New month new season let's see. |
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pawanjain
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February 28, 2021, 04:48:31 PM
Last edit: May 16, 2023, 03:00:31 AM by pawanjain |
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we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
A correction was absolutely necessary at this point of time. Many people started assuming bitcoin is a money making scheme and it always goes up. But they should know that corrections do take place in bitcoin and while sometimes they are short but sometimes they are huge as well. Right now I think bitcoin would fall till $42k where it has a good support and then I think it will bounce back and create another ATH crossing $60k.
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best123
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Activity: 644
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February 28, 2021, 04:53:02 PM |
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It is really a big concern right. I have closely monitored the moves so that I will be on safe side. Whether bull or bear I am covered. But have it in mind that the bear will come one day.
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MinoRaiola
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February 28, 2021, 04:59:19 PM |
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Bitcoin has been struggling to develop an upward momentum for 7 days. Various market analysts are still convinced that Bitcoin will continue its bull run. Sooner or later, however, things will go extremely well again. It's only a matter of time. I think we will be fascinated by the courses or prices again at some point. No matter if Bitcoin or Altcoins. Here in the forum there are countless posts from the past hit that discuss exactly what we are doing now. there is only one difference ... the price.
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Pokapoka124
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February 28, 2021, 05:02:21 PM |
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Anyone who is in crypto for long term shouldn't worry so much about dip because the market always recover,
Learn from past experience.
I couldn't agree more. There still a cloud of fear that lingers in the space and whenever there is a dump we see this fear manifest. People are already panic selling their coins but hey did we expect btc to keep going up without a correction? Is that even possible? We had a good run from December till now. Let's keep the fire burning |
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Zertoshi
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February 28, 2021, 05:18:56 PM |
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I still believe we will hit 100k before the end of the year.
Year 2024? |
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DarkDays
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February 28, 2021, 05:30:54 PM |
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The hype is over. so we can expect it be bearish.
I agree the hype must be there in order for money to be pouring into the market, but as BTC goes under 45k peoples' sentiment takes yet another blow. As it stands the bearish market seems to become the regular market, not so much an immediate future of bullish |
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Zertoshi
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February 28, 2021, 05:41:53 PM |
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Did Elon already panic sell?
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kryptqnick
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February 28, 2021, 05:47:03 PM |
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Wow, the price went down quite significantly already. I think the price is getting down gradually, so the market is entering the correction phase if not a bearish trend. I think the price can still move around $2k up again, but then it'll go down even lower than right now, and eventually I think the price is likely to get to $30k or perhaps even a little lower. I do agree with others on the long-term bullish perspective, though, because after the current run, I have no doubt we'll see a new ATH in a couple of years. It's okay for me if the price goes down and everything gets calmer, and I believe it's fine for others who've been following Bitcoin for years as well.
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Traderbtcc
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February 28, 2021, 09:56:58 PM |
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we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips.
Everyone is just busy shouting dips here and there, and I wonder what's with this historical month of March not always being a good month for Bitcoin, maybe that's what most people are scared of that's why they are dumping their Gem BTC currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
Personally I don't think this is the end of the bull run there are still some hypes around, also more financial institutions are still buying bitcoin so that's a good sign that we might not dip too low, dipping $10k-13k from the recent ATH doesn't mean bitcoin is gonna turn bearish, we just need more good news and slowly we will recover from this dip and even move to a new ATH of $60k. |
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Rikafip
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February 28, 2021, 10:16:48 PM |
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The hype is over. so we can expect it be bearish.
Seriously? You got to be kidding. I really don't get it, all these posts saying that we are in the bear market just because price dropped for less than 30%. I mean, I can understand people panicking back in 2017 but now after everything that we experience in the last couple of years to call it a bearish.. I would personally start thinking that we entered bear period if we drop below 20,000 but as long as we are over that, for me it's still bullish. Just draw the parallel with the beginning of 2017 and you will see that best is yet to be come. |
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ReiMomo
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February 28, 2021, 10:51:32 PM |
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The hype is over. so we can expect it be bearish.
~snip~
No! That is a big lie, do you have a crystal ball on this, and you able to see what will happen in the future? Dont be silly dude. At first, we are not on hype and bitcoin has real investors, from small, individual and then the large institutions who invested in bitcoin last few months and that is the reason bitcoin pumped too much. But now there are some whales trying to manipulate the market, I guess selling a large share of bitcoin. There are speculations that we are under on correction stage of bitcoin price and I hope they are right but I didn't think it is the end of a bearish trend in the market. |
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pixie85
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February 28, 2021, 11:05:35 PM |
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We are bullish. Bear markets look the same every time for Bitcoin. There's a new ATH, a crash of usually 40-50%, a dead cat bounce, another crash down and a consolidation above the previous bull market ATH. Now it's still a correction until we see more signs of a bear market. If you're scared i'll tell you that the worst thing that will happen is a consolidation around 25000 and another bull market. If that's unbearable news for you, sell and be done with it  |
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Peanutswar
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Top Crypto Casino
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March 01, 2021, 05:56:46 AM |
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I think right now the bitcoin is taking time for having a retest for the market is the bitcoin makes another ATH for the 60k or going for another dump and wait for the 20k again.
Base on the market graph of the bitcoin today we experience the bearish time if you are trying to look with the 1D, 12 Hrs, or even 3 days graph still there are no changes or being stable of the coin still better to keep conscious about the unexpected dump or pump.
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maxreish
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March 01, 2021, 06:14:04 AM |
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We are actually experiencing some bearish trends now. If that retesting some $40k areas, we can still experience some long bear market. We shall accept the fact that we can not always be on the bullish part. That 30% dropped makes the traders and investors goes to panic but as I can see, bitcoin still strong to manage to go further above $50,k again.
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davis196
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March 01, 2021, 06:34:21 AM |
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we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
The Bitcoin market will be bearish in the short term and bullish in the long term. March and April are usually bearish months for Bitcoin,so there's no need to worry.More important is what will happen with the BTC price at the end of 2021.Are we going to witness another major pump "to the moon",or the end of 2021 will be more like the end of 2018-bear market and price stagnation. I don't care about the current price.I just want to earn as much BTC as possible and prepare for the next bull run. |
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bitquad
Member
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Activity: 148
Merit: 12
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March 01, 2021, 06:34:26 AM |
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It is really a big concern right. I have closely monitored the moves so that I will be on safe side. Whether bull or bear I am covered. But have it in mind that the bear will come one day.
How are you covered? Because you sold some BTC at the ATH and now have cash sitting waiting to buy if it goes lower? Let me know. Thanks! |
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