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Author Topic: Upcoming Market Prediction (Market heading for a great downfall)  (Read 261 times)
WatchMaker
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March 28, 2021, 11:30:22 AM
 #21

After having any bullish market, the market correction is innevitable which called the bear market. Of course we got some serious uptrends from mid-2020  to date in 2021. We all know the bear market will come sooner or later but the question remain the same, WHEN??? The answer is no one knows... forget the market predictions, many of them are not true because the cryptocurrency market is unpredictable.   

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March 28, 2021, 11:37:23 AM
 #22

I think Bitcoin is a game changer. It has been a great investment since inception.

The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.

R


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March 28, 2021, 03:49:44 PM
 #23

I think Bitcoin is a game changer. It has been a great investment since inception.

The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.
That's the sad part about bitcoin. It was always a great decision to buy bitcoin, ever since it was created, but I was both too late to buy too early, but I did reached when it was only one hundred dollars and even with that knowledge I didn't buy, because I didn't think it would be 50k+ dollars, that is more profit than I could ever imagine. Hell let that alone, I had about 10 bitcoins when it crashed in 2018, if I kept them all I would have been 500k+ dollar richer right now, that is more than enough for me to be super happy about it. But I didn't, why?

Because, I needed money for personal stuff and instead of working I realized I could stay at home and freelance and used that money for house needs,  not a bad reason to spend your bitcoin because we all need to eat, but I could have looked for a job and get employed and could kept my bitcoins as well.
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March 28, 2021, 11:29:37 PM
 #24

That's the sad part about bitcoin. It was always a great decision to buy bitcoin, ever since it was created, but I was both too late to buy too early, but I did reached when it was only one hundred dollars and even with that knowledge I didn't buy, because I didn't think it would be 50k+ dollars, that is more profit than I could ever imagine. Hell let that alone, I had about 10 bitcoins when it crashed in 2018, if I kept them all I would have been 500k+ dollar richer right now, that is more than enough for me to be super happy about it. But I didn't, why?
Everyone who invested in the market knew that the price would rally but i never had any expectations that the price would rally to $50k by 2021 and still i was holding a decent amount of coins and i cashed out majority of my coins during the last rally and i did invest in the hype projects and burned a lot of money and looking back at it now i could have held on to the coins rather than investing in anything else but it is what it is and i have learned to move on.
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March 28, 2021, 11:51:41 PM
 #25

I think Bitcoin is a game changer. It has been a great investment since inception.

Of course, this is the first time that we have seen this kind, we all call them cryptocurrency, although the idea is that the first, but Bitcoin definitely become the prime mover and the most successful of them all.

The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.

Volatility is one of it's best 'assets', why? because with it's unstable price, people are trading and making money out of it. So definitely, we won't see the price continue to rise, at some point it had to fall. Whether that fall will become the bearish phase, or will it just be a correction, we really don't know. And with that, it's either we invest more or sell it off, and that's the beauty of it.

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March 29, 2021, 12:48:07 AM
 #26

believe what you think is right according to your analysis , But we have different opinion and why Need to Look at 2020 ? when the trend has two sides?

In early quarter the market Bleed so hard but in the 4th quarter the recovery happens and before it ends ? the ATH of many currencies has recorded.

and continues in the starting of 2021 , so for me scenario is far different and things will happen never be the same.

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March 29, 2021, 09:45:46 AM
 #27

I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.

There's no such thing as forever rally and forever to infinity for sure. Once Bitcoin reaches real mainstream adoption then the explosive moon rallies will be a thing of the past. In fact many people are saying this is potentially the last huge rally we will ever see and every new cycle after this will be more like gold and oil getting new ATHs. What do you think?

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March 29, 2021, 12:12:18 PM
 #28

In fact many people are saying this is potentially the last huge rally we will ever see and every new cycle after this will be more like gold and oil getting new ATHs. What do you think?

It's always the last rally... until the second one comes, even bigger and stronger than the last one.  Cheesy

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March 29, 2021, 05:59:48 PM
 #29

I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.
There's no such thing as forever rally and forever to infinity for sure. Once Bitcoin reaches real mainstream adoption then the explosive moon rallies will be a thing of the past. In fact many people are saying this is potentially the last huge rally we will ever see and every new cycle after this will be more like gold and oil getting new ATHs. What do you think?
I do not agree that this is the last huge rally, I do agree that we can't go up forever that is true, but we still have some room to grow as well. Gold market cap is huge, and bitcoin is even bigger than that if you ask me because it is both store of value like gold and it's also spendable in some places, where was the last place you paid something in gold? It is very rare, nearly none existent for all intends and purposes, whereas we are talking about bitcoin being spent in many places, so it is like gold that you can spend.

It means if we reach gold market cap that would be like 500k per bitcoin, and that means at least one more huge rally for bitcoin to happen. I do believe that it will end sometime, it will be slower and more gradual in increases in the future, and it will have some downs time to time, but I believe in the near future we will have one more rally, maybe this year, maybe in 3 years who knows when but there will be one more.

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March 29, 2021, 06:11:50 PM
 #30

I do believe that it will end sometime, it will be slower and more gradual in increases in the future, and it will have some downs time to time, but I believe in the near future we will have one more rally, maybe this year, maybe in 3 years who knows when but there will be one more.

I agree with that but I also think it has a lot of growth to have as a store of value or like another currency. So I do think that this rally will have its end but we can't stop here. And we are going to continue to see bitcoin break all records.

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March 29, 2021, 06:30:59 PM
 #31


I agree with that but I also think it has a lot of growth to have as a store of value or like another currency. So I do think that this rally will have its end but we can't stop here. And we are going to continue to see bitcoin break all records.

Bitcoin has already broken all previous records. Bitcoin is now in the race to set more new records in the coming days. Big companies are now attracted to Bitcoin and they are investing in different ways. And they are storing their bitcoins.

This means that they are setting long-term plans in advance. It still seems to me that the real bull market of Bitcoin has not started yet, in the coming days we may see a bigger kind of price growth.

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March 29, 2021, 08:35:51 PM
Last edit: June 12, 2023, 01:29:50 AM by STT
 #32

Bitcoin can float sideways almost indefinitely is what I've learnt previously, its not that beneficial to predict the demise of something in such rude health.     A normal correction only strengthens the case for further movement upwards after it has been resolved, most sells this year have sequentially resolved upwards.
   I've been watching this line today at 57.5k, stronger volume on a move upwards and then we've held the price sideways.   The point to watch is the fast 12hr average catching up to price and then what occurs at that price, clearly speculators will evaporate if left out doing nothing for too long so to some extent decay and a cycle in price is natural hence moving averages are quite relevant on various time frames.

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