rahmatrf331
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May 01, 2021, 04:13:33 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?
The huge money that was invested was when the price was less than 30 thousand dollars. These investors know what they are doing and when to do so, so they make profit when they want to buy and not sell. Bitcoin will return to a 50% to 80% correction to ensure that it stabilizes the higher levels of the price. a scenario like this costs to influence small investors to increase their larger purchasing power. big players will make this issue an opportunity to get a big profit. We must be careful to understand the right thing, so as not to make the wrong decision to buy bitcoin in large quantities.
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Twinscoin2017
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May 03, 2021, 02:53:56 AM |
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2017 bullrun is different from the the present bullrun there are a big difference in price and in market situation, but i believe that there is always a correction, correction is normal so i believe that there will be a correction after this bullrun. I also believe that many people are waiting for that correction to buy some coin to hold for profit.
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Kittygalore
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May 03, 2021, 05:02:23 AM |
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2017 bullrun is different from the the present bullrun there are a big difference in price and in market situation, but i believe that there is always a correction, correction is normal so i believe that there will be a correction after this bullrun. I also believe that many people are waiting for that correction to buy some coin to hold for profit.
The only difference from the 2017-2018 bullrun is that it ended around mid-January and the prices started bobbing up and down at that point. And there are more institutional investors in the 2020-2021 bullrun which means that there is more money being invested in the market.
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jostorres
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May 03, 2021, 03:40:52 PM |
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2017 bullrun is different from the the present bullrun there are a big difference in price and in market situation, but i believe that there is always a correction, correction is normal so i believe that there will be a correction after this bullrun. I also believe that many people are waiting for that correction to buy some coin to hold for profit.
But honestly I'm not seeing any big differences between 2017 bull run and the current one: 2017's bull run was based on then ATH of $1200. 2021's bull run is based on previous cycle's ATH of $20k. There might be slight changes in rate of increase on monthly basis but we can ignore that (as we cannot expect exact repeating of bull run). Moreover, the current bull run is seeming more stronger than what we had in 2017 and 2013 which might mean we are going to see new ATH beyond our speculations. Because, a stronger bull down will lead to stronger FOMO which means higher or high may occur as final ATH.
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k@suy
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May 04, 2021, 01:49:50 PM |
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The only difference from the 2017-2018 bullrun is that it ended around mid-January and the prices started bobbing up and down at that point. And there are more institutional investors in the 2020-2021 bullrun which means that there is more money being invested in the market.
The bull run during 2017-2018 was too far different from the bull run we have right now starting at the end of the year 2020-up to present. As far as I remember the bull run by the end of 2017 was ended as the year 2018 enter like around mid january and the dropped of exchange rate of cryptocoin continued. But what we have encounter in today bull run was a strong resistance of crypto market between a price correction. So small price correction after bull run was inevitable and expected.
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tygeade
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May 04, 2021, 05:29:01 PM |
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As far as I remember the bull run by the end of 2017 was ended as the year 2018 enter like around mid january and the dropped of exchange rate of cryptocoin continued. But what we have encounter in today bull run was a strong resistance of crypto market between a price correction. So small price correction after bull run was inevitable and expected.
Yeah, compared to 2017's bull run, in 2021 we are having less volatile markets as exchanges are showing healthy volume regularly. When more people are participating then obviously we will have steady markets but at the same time, we cannot predict when a whale will start think about manipulating markets for their benefits. But, people are predicting less-powered whales in coming days as we are having lots of new investors on board. It means whales and their manipulation may go diminishing over the time which will get stable yet rising bitcoin markets somehow.
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Fredomago
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May 04, 2021, 06:04:48 PM |
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The only difference from the 2017-2018 bullrun is that it ended around mid-January and the prices started bobbing up and down at that point. And there are more institutional investors in the 2020-2021 bullrun which means that there is more money being invested in the market.
The bull run during 2017-2018 was too far different from the bull run we have right now starting at the end of the year 2020-up to present. As far as I remember the bull run by the end of 2017 was ended as the year 2018 enter like around mid january and the dropped of exchange rate of cryptocoin continued. But what we have encounter in today bull run was a strong resistance of crypto market between a price correction. So small price correction after bull run was inevitable and expected. There are lots of institutional investors and those personalities who showed up and start putting their money are bringing more new players around this market, they are helping this industry in terms of invested money, with more and more to follow that last time bull market will be forgotten and this new one will attract more people to invest as well. Though we needed to be more extracareful as with institutional investors they are good in playing with investors emotions, they can shake a little and bring some artificial downfall, always assess before making any move with your assets.
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Hamphser
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Vave.com - Crypto Casino
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May 04, 2021, 09:59:45 PM |
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The only difference from the 2017-2018 bullrun is that it ended around mid-January and the prices started bobbing up and down at that point. And there are more institutional investors in the 2020-2021 bullrun which means that there is more money being invested in the market.
The bull run during 2017-2018 was too far different from the bull run we have right now starting at the end of the year 2020-up to present. As far as I remember the bull run by the end of 2017 was ended as the year 2018 enter like around mid january and the dropped of exchange rate of cryptocoin continued. But what we have encounter in today bull run was a strong resistance of crypto market between a price correction. So small price correction after bull run was inevitable and expected. There are lots of institutional investors and those personalities who showed up and start putting their money are bringing more new players around this market, they are helping this industry in terms of invested money, with more and more to follow that last time bull market will be forgotten and this new one will attract more people to invest as well. Though we needed to be more extracareful as with institutional investors they are good in playing with investors emotions, they can shake a little and bring some artificial downfall, always assess before making any move with your assets. Big players would always be having the advantage in talks of that manipulative aspect on the entire market.So you shouldnt cross out the probabilities of some huge sell off or some Fud that would be created because this is how those big fellas do play the game for them to benefit out or maximize their potential profits when the community do really mainly react on it. Always secure out your profits once you had gained but if you do mind for long term then this wont really be that much of an issue.
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Baofeng
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May 05, 2021, 09:33:04 PM |
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As far as I remember the bull run by the end of 2017 was ended as the year 2018 enter like around mid january and the dropped of exchange rate of cryptocoin continued. But what we have encounter in today bull run was a strong resistance of crypto market between a price correction. So small price correction after bull run was inevitable and expected.
Yeah, compared to 2017's bull run, in 2021 we are having less volatile markets as exchanges are showing healthy volume regularly. When more people are participating then obviously we will have steady markets but at the same time, we cannot predict when a whale will start think about manipulating markets for their benefits. It's because the number of traders grew as well in the current bullish cycle. So we are safe to say that we can't compare the bullish phase we have in 2017 in today's run. But, people are predicting less-powered whales in coming days as we are having lots of new investors on board. It means whales and their manipulation may go diminishing over the time which will get stable yet rising bitcoin markets somehow.
Because whales are also getting smarter, they are not going to make a bold move to make some noise in this healthy bull run that we have. They will continue to accumulate, and not going to put their huge money in exchanges.
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nurilham
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May 05, 2021, 11:42:44 PM |
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It is difficult to predict how far the correction on BTC or altcoins prices after the bullrun. Moreover, this is still ongoing. There will be always a market correction in every rise of the price. But, how dip or how high of the price may not really be predicted. And here, we may not be panic with that kind of market correction. This is really normal to happen.
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STT
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May 05, 2021, 11:48:11 PM Last edit: June 12, 2023, 01:22:34 AM by STT |
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Big recovery over the course of todays action for reasons Im not sure of but buyers came in. Whats clear is the price today and previously is closing very near to the 50 day average and its not certain we have beaten this measure which for most of this year to date has been the lows. Of course a moving average represents a momentum measure and invariably time and price catch up and meet and we have a resolution in some direction, so far Bitcoin has not decided which of the two paths it might take or if we are merely waiting a while before resuming similarly upwards. I always expect something dramatic like a move to the 200 day average which surprises some but on the other hand can also be considered somewhat inevitable, speculators always close out and go home again and we are back to the price that genuine users and long term holders determine and base price vs froth will be lower. I also find 57374 is a weekly closing price of significance and again we close to that so I'd expect some velocity when crossing the border here in order to properly leave it behind.
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LUCKMCFLY
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May 05, 2021, 11:55:30 PM |
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In general terms, the correction is not bad, it is natural and in this particular case in these times it is being very beneficial, in the short term Bitcoin may be oscillating between $ 52k and $ 58k, it is not bad, because there is a lot of incoming volume of negotiation, if we take into account the market we see that it is having a very fast recovery and the main candle is green, as indicated in this article: The bulls have pushed the price above the moving averages today and they will now try to challenge the downtrend line and the overhead resistance at $58,966.53. A breakout of this resistance zone will clear the path for a possible retest of the all-time high at $64,849.27. Source: https://cointelegraph.com/news/price-analysis-5-5-btc-eth-bnb-doge-xrp-ada-dot-ltc-bch-uniYou also have to see the market from the worst-case point of view, which, technical factors indicate that it may be in a bearish scenario that can reach $46k, you cannot put this possible scenario aside, for now caution is the best ally.
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btc78
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⭕ BitList.co
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May 06, 2021, 04:02:35 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?
This is the risk of Investing in crypto specially Bitcoin that's Why there is a Word created specifically for this forum that says "HODL" and this support long term holding and not those you mentioned that Buying and selling . Don't forget that Bitcoin is a currency and not a Asset or anything related, So if you Buy Bitcoin expect to use this in proper way and not just for your profiteering purpose.
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