Hamphser
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April 20, 2021, 09:28:04 PM |
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People try to guess this cycle BTC price peak and we all know that prices in the 6-digit range is mentioned. but what i am afraid of this time is something different. let's say we reach 150-300K max but after that we don't see the typical 70-90 % correction that most people expect to happen again. in this case people who will sell will most likely not be able to buy back again. due to the big money invested by institutions and larger scale adoption the bear could be less punishing than prior bears this time. i think about this possible scenario. what's your thought on this guys?
I'm also think something like this one, what happens if the 2017 case is not repeated?? In 2017 institution is not joining, but now is different, Bitcoin stronger than past and so many institutions join with huge money. If they did not sell it what happens?? No huge correction I think But I have a target and my target at end of this year, I will sell my asset for my real life maybe will huge sell, no matter what happens next I will not regret my decision When we do try to compare about adoption level then this isnt something similar that we had seen in the past on where lots of companies and intuitional investors havent been able to jump this market yet which means that the price movement into the past can be considered out to be a bit of a bubble comparing as of now where you can really see that it has been backed up with something. Crash is inevitable if all decided to make out some cash out but i doubt that it wont really be happening anytime soon.People and companies do held off for longer terms.
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Desmong
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April 20, 2021, 09:42:23 PM |
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The problem is nobody knows what is going to happen next that's why we'll have to be smart in determining the market direction. The market makers might choose to do it thing without considering the reaction of her buyers or sellers.
We should not be too greedy with our assets cos with might be seeing it Rosy now and later on turned against us.
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Oasisman
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April 21, 2021, 11:47:18 AM |
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People try to guess this cycle BTC price peak and we all know that prices in the 6-digit range is mentioned. but what i am afraid of this time is something different. let's say we reach 150-300K max but after that we don't see the typical 70-90 % correction that most people expect to happen again. in this case people who will sell will most likely not be able to buy back again. due to the big money invested by institutions and larger scale adoption the bear could be less punishing than prior bears this time. i think about this possible scenario. what's your thought on this guys?
Most probably we won't see that kind of huge percentage of correction or shall we say bearish run at this current rate, especially that huge investors like big companies and institutions are all into Bitcoin. I'm seeing a 50% drop in the future once this bullrun peaked, maybe at the 6 digit figure. However, If this huge correction isn't recurring anymore then those who sold all their bags will be facing their worst consequences for not hodling long term. Nevertheless, everything that goes up must go down anyway. So, the possibility for a huge bearish run is always there.
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Coin_trader
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April 21, 2021, 11:53:37 AM |
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The problem is nobody knows what is going to happen next that's why we'll have to be smart in determining the market direction. The market makers might choose to do it thing without considering the reaction of her buyers or sellers.
We should not be too greedy with our assets cos with might be seeing it Rosy now and later on turned against us.
This is a fact for small retail investor but not for an institutional investors that holding huge percentage of the token. Crypto market can be manipulated due to the current liquidity volume and to shake off position on the future trading. This is the number one problem of crypto, the price can be easily overturn by some news or events due to unregulated exchange which producing unverified transactions.
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justdimin
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April 21, 2021, 12:55:22 PM |
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let's say we reach 150-300K max but after that we don't see the typical 70-90 % correction that most people expect to happen again. in this case people who will sell will most likely not be able to buy back again. due to the big money invested by institutions and larger scale adoption the bear could be less punishing than prior bears this time.
How we can predict that those institutions and other large-scale adoptions also want to buy back at cheaper price levels? When individuals will be watching and getting ready for go along with the cycle of bitcoin markets, why not we expect big players also doing the same thing and more importantly they are well-known for catching the opportunities more earlier than others so that they will maximize their benefits and trapping all others? One thing is very clear: even individuals might adopt bitcoins with the long-term plans whereas most institutions will not be having such plans; they definitely look for quick money.
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STT
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April 21, 2021, 02:27:16 PM Last edit: June 12, 2023, 01:24:58 AM by STT |
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Its trading below the 50 day average, its less positive then it ended last week with so it appears we need to develop further and revise prices. I'd be more confident of a resumption to price rising when back above the 50 day average, I did previously think we had to go back to the 200 day average but Im not sure it will require that or not now. Meanwhile 200 day will risen quite alot so its no longer too much of a negative, 25k would be a large negative to many so thats the outlier outcome I would expect to occur and still be relatively normal in most years as a low
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Kasabus
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April 21, 2021, 02:56:09 PM |
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People try to guess this cycle BTC price peak and we all know that prices in the 6-digit range is mentioned. but what i am afraid of this time is something different. let's say we reach 150-300K max but after that we don't see the typical 70-90 % correction that most people expect to happen again. in this case people who will sell will most likely not be able to buy back again. due to the big money invested by institutions and larger scale adoption the bear could be less punishing than prior bears this time. i think about this possible scenario. what's your thought on this guys?
Probably right and these early sellers will wait for the next bear season to start buying back again. kinda be a safe strategy who are afraid of taking a risk and I think that seems so good to practice if you're not only depending on crypto as your major source of income. And even me, I'll do the same. We can't ignore the possibility of market dumps and investing this time had no assurance. Buying at $60k, that is really a risky doing and we are not sure if ever it dumps and the next pumps will more than $60k to get a profit? So I suggest investing in Bitcoin only during the market correction or during the bear season, not in a situation that we are at its peak.
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Becky666
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April 21, 2021, 03:13:12 PM |
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Nothing to be afraid at at the moment becasue institutions have been into the system and they won't just decide to go back to fiats currencies. The fiats currencies aren't doing well at the moment, this should be the hope that after this little correction anything can happen to the general market bullishness. It's time to have or acquire huge alts from the market now too make something good in the bull-run.
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mrjoy15
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April 21, 2021, 03:27:48 PM |
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It's the right momentum to buy Bitcoin, I've got interest to invest but it's like giant to give a bite. Anyway, I'm going shopping even it's just fraction. Somehow, I have feeling panic selling is good for market because it creates opens up more purchase opportunities. But, It also good to watch what the BTC market does. You don't wanna buy before a further downside.
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Rana590
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April 21, 2021, 05:03:57 PM |
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Actually it is on the way of rising now and price will be increasing very soon. Price dropped little bit but now, price is staring to rise again. This time, the price of bitcoin can hit $70 and it is very possible for it.
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SquallLeonhart
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April 21, 2021, 06:50:17 PM |
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It's the right momentum to buy Bitcoin, I've got interest to invest but it's like giant to give a bite. Anyway, I'm going shopping even it's just fraction. Somehow, I have feeling panic selling is good for market because it creates opens up more purchase opportunities. But, It also good to watch what the BTC market does. You don't wanna buy before a further downside.
Yeah, not sure how many of us are making use of the current dip; there was FUD which caused this correction but people are still expecting more cheaper prices so that they will enter after that. But, making use of current available prices will be a good decision in my opinion. I will not be surprised, by tomorrow itself if bitcoin markets again entering into $60k zones. Anything is possible here and waiting too much will be highly recommended; make use of current opportunity and buy more if you get another opportunity.
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beerlover
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April 21, 2021, 07:42:41 PM |
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The problem is nobody knows what is going to happen next that's why we'll have to be smart in determining the market direction. The market makers might choose to do it thing without considering the reaction of her buyers or sellers.
We should not be too greedy with our assets cos with might be seeing it Rosy now and later on turned against us.
This is a fact for small retail investor but not for an institutional investors that holding huge percentage of the token. Crypto market can be manipulated due to the current liquidity volume and to shake off position on the future trading. This is the number one problem of crypto, the price can be easily overturn by some news or events due to unregulated exchange which producing unverified transactions. That type of shake happens all the time in order to make countless times more money than normally can. You see a lot of people shorting bitcoin? You buy few hundreds of millions of dollars worth and before that you long bitcoin x100+ leverage and make a ton of money from that increase. You see a lot of longs and borrowers? You sell those coins and drop the price and make money from all the people who longed as well. Basically you can make money on any direction if you have enough money, the shorters and longers are public information and you can find them if you know where to look at and if they get too much you will have a chance to manipulate the market. Obviously you need to be super rich to do this, but if you have enough money you could make enough money to profit from this. Nobody can say that it will not be difficult, it will be hard, but it can be done if you are rich enough.
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LUCKMCFLY
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April 21, 2021, 08:07:55 PM |
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I think that at the moment a movement is brewing, perhaps it is most likely bullish, because although it is at a price of approximately $55k the trading volume is still high, and that is a good sign, the bull run has its natural corrections, it may be in an eventual short-term build-up to be propelled higher than $60K. This analysis matches what I think: Despite the decline, the long scenario is more likely than a bullish one as the coin is accumulating power at the moment for a rise to the next level at $61,400. Source: https://u.today/btc-eth-xrp-bnb-and-ada-price-analysis-for-april-21Of course this is a short-term perspective, which can be invalidated if there is a bearish move, although I see it unlikely.
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magneto
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April 21, 2021, 09:52:26 PM |
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People try to guess this cycle BTC price peak and we all know that prices in the 6-digit range is mentioned. but what i am afraid of this time is something different. let's say we reach 150-300K max but after that we don't see the typical 70-90 % correction that most people expect to happen again. in this case people who will sell will most likely not be able to buy back again. due to the big money invested by institutions and larger scale adoption the bear could be less punishing than prior bears this time. i think about this possible scenario. what's your thought on this guys?
I absolutely agree. Don't expect there to be a huge correction for you to get into the market any time soon. And even when it occurs, it is very likely that you won't even see that big of a dip simply for how strong institutional demand has been. The difference between institutional demand and retail demand is that the former is less prone to short term irrationality. They trade on algorithms and stringent protocols and are more likely to hold for the long run than to panic sell in a bear market - which has historically been the cause of the -70-90% bear cycles.
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chikading2016
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April 22, 2021, 09:42:37 PM |
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I see bitcoin is now stronger than the past, last bullrun happens in year 2017 and repeat today we are now in bullish season and if we are going to look on the bitcoin price from the last bullrun year 2017 and compair it today we can saw a big difference, I think it is all because bitcoin is now becoming more stronger so i think the price of bitcoin will never drop big digit this time.
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Rengga Jati
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April 22, 2021, 10:44:28 PM |
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Everyone has a guess, speculation, and their own predictions to Bitcoin prices both at bullish and bearish, as well as the market correction price. However, they will never be 100% right or wrong. Because this really hasn't happened. And related to a market correction, every normal increase requires a market correction to test the rate. However, this certainly depends on the market at that time and also the news related to Bitcoin itself.
And here is our chance not to be panic when there is a market correction. We may lose some money, but if we hold it, we can get higher again after a little bit of holding. But stay, keep watching the market codnition.
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LUCKMCFLY
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April 24, 2021, 08:12:37 PM |
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The correction may not be so small, because it is already more than 25% of what many have been expecting, but many believe that investors are buying in the fall, others say that it will continue to fall, and there may be room for speculation that there is investment entering the market and they have entered with massive "Shorts" to buy as cheaply as possible. Commenting on that was popular cryptocurrency trader and analyst, Bitcoin Master, who said that “if this is still a dip, bitcoin should be pulling back up really soon, otherwise it is definitely a change in pattern.” Source: https://cryptopotato.com/fear-and-greed-bitcoin-price-should-spike-up-soon-if-history-repeats-itself/If this works in that new investors are entering with "Shorts" I think that when they are closed the price of Bitcoin will have a rebound to new ATH.
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STT
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April 24, 2021, 08:24:50 PM Last edit: June 12, 2023, 01:24:34 AM by STT |
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You would expect institutional buyers to have stronger hands but who knows.
The big holders wont sell, they will hedge which brings in middle men to trade these contracts for difference and all kinds of varied instruments that pay out on any lower price action. Its happening all the time in stocks and many assets and imo here too is likely; its why its really not feasible to outlaw the idea of short selling because its a natural process similar to insurance perhaps and a short is always a future buy. We're passing the two day average and the lower section of negative pricing, weekend action is subdued but it could be the stage set for greater moves during the working week where positive action may gain traction or we fail to hold and process further down having confirmed with volume this is not a price area in demand. My main measure is weekly average but we have halted the rate of descent to near stand still.
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rhodelmabanal
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Buzz App - Spin wheel, farm rewards
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April 28, 2021, 05:05:36 AM |
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People try to guess this cycle BTC price peak and we all know that prices in the 6-digit range is mentioned. but what i am afraid of this time is something different. let's say we reach 150-300K max but after that we don't see the typical 70-90 % correction that most people expect to happen again. in this case people who will sell will most likely not be able to buy back again. due to the big money invested by institutions and larger scale adoption the bear could be less punishing than prior bears this time. i think about this possible scenario. what's your thought on this guys?
I also notice that the bitcoin bullrun this time is really amazing it looks like after the rising of the pice there is a small correction and price rise back again and it will become higher than the price before correction happened,this was the sign that bitcoin will maybe reach 100k$ at the end o 2021, these was really an amazing bull run.
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ice098
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April 28, 2021, 06:49:04 AM |
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I'm also think something like this one, what happens if the 2017 case is not repeated?? In 2017 institution is not joining, but now is different, Bitcoin stronger than past and so many institutions join with huge money. If they did not sell it what happens?? No huge correction I think
But I have a target and my target at end of this year, I will sell my asset for my real life maybe will huge sell, no matter what happens next I will not regret my decision
For me the essence of history repeat itself doesn't make sense in my own conclusion especially to the bitcoin market today. Small price corrections is inevitable and yet the bull run wasn't end. But the sudden price correction like what happen after the new ATH of bitcoin from $66k to $49k was indeed a big difference and it is alarming because of the gap but then the bitcoin market shows again the step by step moving of market price from $49k and now to $54k. So this shows that bitcoin was stronger than before, much more appreciated today than before.
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