Institutional buyers are not backing down. More Pump?

[virasog]

Here's the answer mate https://coinmarketcap.com/ check of the pump really continues or just dumping already..

but Hey there might be a changing position in the next  days but make sure you are ready to what will be the activities of the market as it is changing continuously nowadays.

I hate to say this but there might be a Bear to come this 2nd quarter.

How will you differentiate between a dump and a correction ? Bitcoin is at 55K today and you think it is a start of a bear market. As long as bitcoin is above 20 weekly moving average , we are in a bull market and currently the 20 weekly MA is at 42000$.

[1715135660]

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[1715135660]

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[michellee]

Here's the answer mate https://coinmarketcap.com/ check of the pump really continues or just dumping already..

but Hey there might be a changing position in the next  days but make sure you are ready to what will be the activities of the market as it is changing continuously nowadays.

I hate to say this but there might be a Bear to come this 2nd quarter.

How will you differentiate between a dump and a correction ? Bitcoin is at 55K today and you think it is a start of a bear market. As long as bitcoin is above 20 weekly moving average , we are in a bull market and currently the 20 weekly MA is at 42000$.

I think he refers that this correction is including of the bear trend. This moment always comes to the crypto market and it is normal to see the price will go down after reaching the highest price. But we will see another pump for bitcoin and that will happen after this bloody drama. This moment will be good to buy more bitcoin because we can see the price touch $54k. But unfortunately, we do not know how deep bitcoin price will still go down. Maybe below $54k or any price, so you better be careful.

[Gozie51]

Here's the answer mate https://coinmarketcap.com/ check of the pump really continues or just dumping already..

but Hey there might be a changing position in the next  days but make sure you are ready to what will be the activities of the market as it is changing continuously nowadays.

I hate to say this but there might be a Bear to come this 2nd quarter.

How will you differentiate between a dump and a correction ? Bitcoin is at 55K today and you think it is a start of a bear market. As long as bitcoin is above 20 weekly moving average , we are in a bull market and currently the 20 weekly MA is at 42000$.

I think he refers that this correction is including of the bear trend. This moment always comes to the crypto market and it is normal to see the price will go down after reaching the highest price. But we will see another pump for bitcoin and that will happen after this bloody drama. This moment will be good to buy more bitcoin because we can see the price touch $54k. But unfortunately, we do not know how deep bitcoin price will still go down. Maybe below $54k or any price, so you better be careful.

Except we didn't follow the last 2017 bull and bear that caused real panic to hodlers and they dumped more in losses while price kept fallin. At the moment bitcoin touched $64k and down to $54k, that can't be called a bear, is just an 11% which can't be compared to bitcoin bull move. IMO it is still in bull and when hodlers dump, it takes another dive after a while. So we may see $70,000 on any further bull.

[slaman29]

Except we didn't follow the last 2017 bull and bear that caused real panic to hodlers and they dumped more in losses while price kept fallin. At the moment bitcoin touched $64k and down to $54k, that can't be called a bear, is just an 11% which can't be compared to bitcoin bull move. IMO it is still in bull and when hodlers dump, it takes another dive after a while. So we may see $70,000 on any further bull.

Yeah, bearish moves are not the same as flash crash, which is exactly what this is. Same thing I would say about the Elon Musk pumps, these aren't indication of bullish moves, just flash spikes.

Guess we're seeing them taking turns now but the momentum is still very clearly bullish even as I'm trying to be objective. $50k bottoming seems to be talking hold very well!

[7788bitcoin]

but Hey there might be a changing position in the next  days but make sure you are ready to what will be the activities of the market as it is changing continuously nowadays.

I hate to say this but there might be a Bear to come this 2nd quarter.

It is hard to say that we might see the bear market in the second quarter, it all depends upon how the institutional investors are taking their positions, will they be investing billions seeing this minor correction as an opportunity or they will be booking the profit they made till now and wait for the market to settle down, anything is possible and the global pandemic situation is not that great either as the second and third waves are creating huge problems in some countries and it will have an impact on the market as well.

[Fundamentals Of]

I hate to say this but there might be a Bear to come this 2nd quarter.

Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?

Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.

[hd49728]

Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?

It is correction. Bear market has yet to come but I see a few months of correction and accumulation. They are for new all time high at the end of this year. It is my neutral opinion, not optimistic not pessimistic.

Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.

Corrections are good to buy the dips and get money from bounces. If one person buy a dip, does not take profit with bounce and price falls deeper, it is not the end. After corrections, price will have new al time highs. Buy and take profit with bounces. If you miss bounces, hodl for new all time highs.

[crwth]

They are making it more and more interesting for the cryptocurrency space, knowing that they will use their stack to pay non-employees by the company. It's just going to show that they are really at it in applying cryptocurrency in their business transactions.

Imagine what the institution would feel if we are in the bear cycle now. Paper loss of millions of dollars is easy for those kinds of enormous investments.

[adaseb]

I hate to say this but there might be a Bear to come this 2nd quarter.

Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?

Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.

Generally when you see $10 Billion in liqudations in one day it usually means that its a temporarily dip. What is more worrying is if we have a slow grind down day by day. What happened yesterday was an over exaggeration to the India banning bitcoin news.

Why did it fall so much? Well look at how many people were over leverage. I think the funding for the Dec 2021 futures was over 25% which is crazy. The OI kept going higher and higher and hence its no surprise that so many people got liquidated.

[Sithara007]

Institutions can stay invested for a long time, while many of the individual investors can't do that. Whenever a market crash occurs, there is a net inflow of coins from individual investors to institutions. And the media is also spreading a lot of rumors recently, regarding regulations (such as the news about financial institutions getting charged for money laundering through the medium of cryptocurrencies).  Such rumors make the individual investors nervous and at least some of them may fall victim to panic selling.

[michellee]

==

Except we didn't follow the last 2017 bull and bear that caused real panic to hodlers and they dumped more in losses while price kept fallin. At the moment bitcoin touched $64k and down to $54k, that can't be called a bear, is just an 11% which can't be compared to bitcoin bull move. IMO it is still in bull and when hodlers dump, it takes another dive after a while. So we may see $70,000 on any further bull.

People who involve in bitcoin from 2013-2019 will know the moment that happens in 2017. Many of us panic to see the dumped happen in 2017-2018, and in the next year, the price slowly gets down and makes many people leave the crypto for a while.  The downtrend that happens to bitcoin slowly changes this year and the price can back to increase and even recorded a new ATH this year. So this downtrend is just another moment for people to buy bitcoin at a low price than yesterday. If you want to use this moment, you can start to buy or wait for more to see the other lower price.

[RealMalatesta]

Many of us panic to see the dumped happen in 2017-2018, and in the next year, the price slowly gets down and makes many people leave the crypto for a while.  The downtrend that happens to bitcoin slowly changes this year and the price can back to increase and even recorded a new ATH this year. So this downtrend is just another moment for people to buy bitcoin at a low price than yesterday. If you want to use this moment, you can start to buy or wait for more to see the other lower price.

Like many other people, I am also assuming that we are in the middle of bull run; so there will be no meaning of getting panic on seeing prices falling down. I checked for the reason for yesterday's downfall, and it seemed usual market correction due to some people were profit booking or got liquidated in leveraged markets. So, just to making use of this collection will definitely will not disappoint any long-term holder.

I am sure about repeating what we had in 2017. It means we are too far away from experiencing the final ATH of this cycle and more importantly institutional buyers are not in hurry to book profits hence we can expect the continuation of current bull run until end of this year.

[Fundamentals Of]

I hate to say this but there might be a Bear to come this 2nd quarter.

Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?

Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.

Generally when you see $10 Billion in liqudations in one day it usually means that its a temporarily dip. What is more worrying is if we have a slow grind down day by day. What happened yesterday was an over exaggeration to the India banning bitcoin news.

Why did it fall so much? Well look at how many people were over leverage. I think the funding for the Dec 2021 futures was over 25% which is crazy. The OI kept going higher and higher and hence its no surprise that so many people got liquidated.

The news about India banning Bitcoin is old. I don't know if the big dip very recently has something to do with it. It might have contributed a little. It must have something to do with the new FUD about money laundering. I don't understand why it was treated as if it was a big deal when it was also an old issue.

But we are now on the rebound. The price of Bitcoin has quickly recovered from the bottom and is now on its way to full recovery to $60,000.

[Yaunfitda]

I hate to say this but there might be a Bear to come this 2nd quarter.

Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?

Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.

Generally when you see $10 Billion in liqudations in one day it usually means that its a temporarily dip. What is more worrying is if we have a slow grind down day by day. What happened yesterday was an over exaggeration to the India banning bitcoin news.

Why did it fall so much? Well look at how many people were over leverage. I think the funding for the Dec 2021 futures was over 25% which is crazy. The OI kept going higher and higher and hence its no surprise that so many people got liquidated.

The news about India banning Bitcoin is old. I don't know if the big dip very recently has something to do with it. It might have contributed a little. It must have something to do with the new FUD about money laundering. I don't understand why it was treated as if it was a big deal when it was also an old issue.

But we are now on the rebound. The price of Bitcoin has quickly recovered from the bottom and is now on its way to full recovery to $60,000.

India, Turkey, - we have heard that news but I don't think this is the main reason of the massive liquidations in recent days. Some say it has to do with that unfounded tweet that US Treasury is chasing some entity for crypto laundering.

But yeah, BTC seems to be green now, everything is clearer, the news was obviously a FUD, market is back and has rebounded to $55k or more. So another imminent break out might happen, so let see how it pan out.

[tygeade]

Institutional investors are getting more interested in bitcoin. This move by MicroStrategy is a big step. Will other companies follow this path? How would employees react to this? Since btc is volatile and can dump at any minute. I can understand if they are excited about it now as Bitcoin is bullish but what happens when there is a massive dip? Love your hear thoughts on this none

I am pretty sure that wasn't anything related to this, sure India banning bitcoin would be bad, but the dip was nothing like that. Plus microstrategy buying bitcoin means nothing substantial anymore neither, they are buying like tens of millions of dollars but bitcoin became so large that even a regular person could be selling that much, miners are selling maybe hundreds of millions of dollars these days with the money they kept so far.

I think there is going to be a big movement, like seriously big movement, it could be down or high but the clouds are getting together and we are seeing a storm brewing right now, price has been too strict for a long time and these sudden movements we are seeing is the result of that. If we do like a 15+ higher or lower we could actually become a lot healthier as well, all we need is to get rid of all the buys and sells around this price because they are getting bigger and building walls.

[Fundamentals Of]

I hate to say this but there might be a Bear to come this 2nd quarter.

Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?

Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.

Generally when you see $10 Billion in liqudations in one day it usually means that its a temporarily dip. What is more worrying is if we have a slow grind down day by day. What happened yesterday was an over exaggeration to the India banning bitcoin news.

Why did it fall so much? Well look at how many people were over leverage. I think the funding for the Dec 2021 futures was over 25% which is crazy. The OI kept going higher and higher and hence its no surprise that so many people got liquidated.

The news about India banning Bitcoin is old. I don't know if the big dip very recently has something to do with it. It might have contributed a little. It must have something to do with the new FUD about money laundering. I don't understand why it was treated as if it was a big deal when it was also an old issue.

But we are now on the rebound. The price of Bitcoin has quickly recovered from the bottom and is now on its way to full recovery to $60,000.

India, Turkey, - we have heard that news but I don't think this is the main reason of the massive liquidations in recent days. Some say it has to do with that unfounded tweet that US Treasury is chasing some entity for crypto laundering.

But yeah, BTC seems to be green now, everything is clearer, the news was obviously a FUD, market is back and has rebounded to $55k or more. So another imminent break out might happen, so let see how it pan out.

The negative news coming from India and Turkey is now balanced out with the positive news coming from China. We'll see which one of them will affect and contribute more to Bitcoin's price in the next days.

I thought the green has already taken over when Bitcoin surpassed $55,000 and even went as high as $57,000. But now we are back at $54,000. There must be a large amount of sell orders happening right now.

[Shasha80]

==

Except we didn't follow the last 2017 bull and bear that caused real panic to hodlers and they dumped more in losses while price kept fallin. At the moment bitcoin touched $64k and down to $54k, that can't be called a bear, is just an 11% which can't be compared to bitcoin bull move. IMO it is still in bull and when hodlers dump, it takes another dive after a while. So we may see $70,000 on any further bull.

People who involve in bitcoin from 2013-2019 will know the moment that happens in 2017. Many of us panic to see the dumped happen in 2017-2018, and in the next year, the price slowly gets down and makes many people leave the crypto for a while.  The downtrend that happens to bitcoin slowly changes this year and the price can back to increase and even recorded a new ATH this year. So this downtrend is just another moment for people to buy bitcoin at a low price than yesterday. If you want to use this moment, you can start to buy or wait for more to see the other lower price.

I agree that the 2017/2018 incident made many investors fear that the same thing will happen again this year. Even though this year is clearly
very different in my opinion, apart from many institutions that have started buying Bitcoin. Bitcoin has also begun to be trusted as a payment,
not a few merchants are starting to accept Bitcoin as payment right now. This is positive news that makes the demand for Bitcoin even higher,
then the correction that is happening now is indeed the right time to buy Bitcoin again. I believe Bitcoin will recover soon, so stay patient HODL
Bitcoin that we have. Or we can buy Bitcoin at the current price, before the price goes up again.

[btc78]

India, Turkey, - we have heard that news but I don't think this is the main reason of the massive liquidations in recent days. Some say it has to do with that unfounded tweet that US Treasury is chasing some entity for crypto laundering.

This looks to be the main reason of the recent dump as the nO proof tweets affected the market that bad.

But yeah, BTC seems to be green now, everything is clearer, the news was obviously a FUD, market is back and has rebounded to $55k or more. So another imminent break out might happen, so let see how it pan out.

But Now it's Bloody bath again , this is the second bearishness happens in 3 days period so what we gotta wait now?
are we seeking for the Bear market so at least the whole second quarter will be the days of the Blood? and the 3rd and 4th quarter will be the Bullishness ?

[michellee]

==

Like many other people, I am also assuming that we are in the middle of bull run; so there will be no meaning of getting panic on seeing prices falling down. I checked for the reason for yesterday's downfall, and it seemed usual market correction due to some people were profit booking or got liquidated in leveraged markets. So, just to making use of this collection will definitely will not disappoint any long-term holder.

I am sure about repeating what we had in 2017. It means we are too far away from experiencing the final ATH of this cycle and more importantly institutional buyers are not in hurry to book profits hence we can expect the continuation of current bull run until end of this year.

I do not check for the reason for the market correction yesterday because if I do that, I will spend some time finding out why, which is not always right or it just from people guessing the reason. Instead, I better find other news that will allow me to know the market situations or learn more about the market to make more profit in the current conditions.

I think we do not yet see the final ATH of this cycle because the price can still increase more than just $64k or the worst thing will happen, especially since this year still has 7 months later so that everything can occur, including the final ATH which all people want to know.

==

I agree that the 2017/2018 incident made many investors fear that the same thing will happen again this year. Even though this year is clearly
very different in my opinion, apart from many institutions that have started buying Bitcoin. Bitcoin has also begun to be trusted as a payment,
not a few merchants are starting to accept Bitcoin as payment right now. This is positive news that makes the demand for Bitcoin even higher,
then the correction that is happening now is indeed the right time to buy Bitcoin again. I believe Bitcoin will recover soon, so stay patient HODL
Bitcoin that we have. Or we can buy Bitcoin at the current price, before the price goes up again.

The correction will happen every time the price reaches a high price, which will continue from time to time. The adoption process seems good this year because that can attract many institutions to join the bitcoin and invest in bitcoin. The correction will end and will change to rises in the price, giving people a chance to profit. If people can buy bitcoin and hold it, they will see that bitcoin is the best investment this year because bitcoin will go up again. When the price is up again, they can sell and take profit while still holding it for a long time.

[blckhawk]

==

Except we didn't follow the last 2017 bull and bear that caused real panic to hodlers and they dumped more in losses while price kept fallin. At the moment bitcoin touched $64k and down to $54k, that can't be called a bear, is just an 11% which can't be compared to bitcoin bull move. IMO it is still in bull and when hodlers dump, it takes another dive after a while. So we may see $70,000 on any further bull.

People who involve in bitcoin from 2013-2019 will know the moment that happens in 2017. Many of us panic to see the dumped happen in 2017-2018, and in the next year, the price slowly gets down and makes many people leave the crypto for a while.  The downtrend that happens to bitcoin slowly changes this year and the price can back to increase and even recorded a new ATH this year. So this downtrend is just another moment for people to buy bitcoin at a low price than yesterday. If you want to use this moment, you can start to buy or wait for more to see the other lower price.

I agree that the 2017/2018 incident made many investors fear that the same thing will happen again this year. Even though this year is clearly
very different in my opinion, apart from many institutions that have started buying Bitcoin. Bitcoin has also begun to be trusted as a payment,
not a few merchants are starting to accept Bitcoin as payment right now. This is positive news that makes the demand for Bitcoin even higher,
then the correction that is happening now is indeed the right time to buy Bitcoin again. I believe Bitcoin will recover soon, so stay patient HODL
Bitcoin that we have. Or we can buy Bitcoin at the current price, before the price goes up again.

It is good to think that the image of Bitcoin improves over the year from being hated now being supported by large institutions. As time goes by and every year will pass, along with it the massive adoption we've all been waiting for will eventually gonna happen. If more institutions will come over crypto this will be a reason for other counties to lift the ban against crypto, especially in Bitcoin. This will increase the demand for Bitcoin and will cause a positive impact on the price.  It may be under correction right now but this is one of the best opportunities to buy cheaper coins for use to maximize our profit.