Zilon
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April 26, 2021, 04:04:22 PM |
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There is virtually no need for the alarm since bitcoin is on the steady rise at the moment. It's currently bullish as investors and intended invrstors are holding up positions not selling out their coin for any reason. I think its time to buy more coin so as to join the big league of cash out coming up soonest. We still maintain our Speculation of $100k soonest
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RealMalatesta
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April 26, 2021, 04:42:01 PM |
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There is virtually no need for the alarm since bitcoin is on the steady rise at the moment. It's currently bullish as investors and intended invrstors are holding up positions not selling out their coin for any reason. I think its time to buy more coin so as to join the big league of cash out coming up soonest. We still maintain our Speculation of $100k soonest
Yeah, I wish this alarming to remain invalid forever; the good thing is bitcoin community got chances to understand the real potential of bitcoins for one more time and right now we are moving markets again toward a new ATH probably. I like to speculate in a way that we are not going to see below $45k any more but that doesn't mean that we are going to see below $50k but I am also expecting market to remain in sideways for the remaining days of this April month. $100k seems within reach after today's pull back. What I am looking for is, bitcoin should stay above the 18 week moving average line so that we could be sure about continuation of the current recovery which is very important for new ATH and then $100k levels.
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jahepahit (OP)
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April 26, 2021, 07:05:18 PM |
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There is virtually no need for the alarm since bitcoin is on the steady rise at the moment. It's currently bullish as investors and intended invrstors are holding up positions not selling out their coin for any reason. I think its time to buy more coin so as to join the big league of cash out coming up soonest. We still maintain our Speculation of $100k soonest
It's just a speculation and like I said not to cause a fud. I am more interested in bitcoin high price than low price. But if any opportunities present itself to buy it cheaper I think we should watch out for that.
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kapalmabur
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April 26, 2021, 10:42:07 PM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Bitcoin strong support at $ 48,000 and proved very strong, yesterday the price of bitcoin fell to below $ 48k but a bounce occurred, making $ 47k a wick of course, this is proof that bitcoin will not be below $ 48k anymore, and now the price of Bitcoin has risen 8% above. $ 53k, good start to continue the bullish trend, remember we are in a bullish season, so don't expect the dump to happen again.
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Luqman
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April 26, 2021, 10:53:54 PM |
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Was that a typo? Did you mean to say 54k?
I think it is not a typo, he really stated his prediction about the possibility of a big dump for Bitcoin price to go $44K in the near future. But unfortunately, he stated it without any proof. So, I think we don't need to be worried because no sign of the Bitcoin price falling significantly as he stated. Instead, the price of Bitcoin is going to move above $54K as you said above.
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TravelMug
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April 27, 2021, 01:39:55 AM |
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On the contrary, we might see bitcoin at $54k sooner.
When we thought that we are in the bear market already, pulling the price as low as $47k and everyone is not feeling good about the price and a lot of threads predicting a looming bearish trend, bitcoin has one of it's fastest recovery in less than 24 hours. So instead of another dip to $44k, the price when on a upturn of ~$7k. And we have just started this week, so instead of $44k, sooner it will be $64k.
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Wexnident
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April 27, 2021, 06:19:26 AM |
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I'd welcome it even, every dip is an opportunity after all. I'm starting to buy BTC again after I sold in the last pump, and I've been waiting for dips like this since forever for quite some time now. Besides, if we ever hit that low, it doesn't mean that it'd go down permanently. I reckon it's just a correction and heck, it didn't even go down by much, it just went up again. On the contrary, we might see bitcoin at $54k sooner.
When we thought that we are in the bear market already, pulling the price as low as $47k and everyone is not feeling good about the price and a lot of threads predicting a looming bearish trend, bitcoin has one of it's fastest recovery in less than 24 hours. So instead of another dip to $44k, the price when on a upturn of ~$7k. And we have just started this week, so instead of $44k, sooner it will be $64k.
It is at $54k right now. Hell I'm pretty sure BTC going below $50k shouldn't be considered the entry to bear market. It's still considerably high considering the price 3,4 months back.
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tygeade
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April 27, 2021, 08:18:30 AM |
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There is virtually no need for the alarm since bitcoin is on the steady rise at the moment. It's currently bullish as investors and intended invrstors are holding up positions not selling out their coin for any reason. I think its time to buy more coin so as to join the big league of cash out coming up soonest. We still maintain our Speculation of $100k soonest
Whatever is OP's concern but right now bitcoin market is doing awesome; yeah it is trading near $55k levels which must be the short term resistance hence we may come back to $53 again before leaping toward $60k levels. I am also seeing very very less possibilities for bitcoin market to break $50k- $48k levels here after as market is doing perfect on upside with good volume. We may see resistance around $55k levels goes insignificant when there will be enough buying pressure. So, straight away testing $60k levels today or tomorrow also highly possible by how market is looking on right now.
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Psynthax
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April 27, 2021, 10:24:39 AM |
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after 2 days quite the opposite happening and it's instead recovering back to $54K, trust me many people are actually awaiting for the bearish and trying to buy back after panic selling but turns out it goes the opposite of their expectation and if you see the rumour that was recently proven wrong by elon regarding tesla dumping the coin this time around, it could instead make bitcoin go up to ATH again after most of people hears the news regarding the baseless fud that contribute to the dumping of bitcoin and if the tax that's gonna enforced to cryptocurrency investment being cancelled it's definitely gonna create bullrun again so don't be too pessimistic since bitcoin still has so many chances to pump again, let the people with weak hands cashing out while hodlers always win.
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Oasisman
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April 27, 2021, 11:35:46 AM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
So, what are the purpose of this thread again? Not to create FUD or scare someone? IMHO, your prediction is pointless, baseless, and not believable. Not unless you have supported your views with some factual analysis. Picking a random number to predict Btc's price doesn't contribute to anything especially in this community. Look at Btc's price
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Anonylz
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April 27, 2021, 12:33:18 PM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
So, what are the purpose of this thread again? Not to create FUD or scare someone? IMHO, your prediction is pointless, baseless, and not believable. Not unless you have supported your views with some factual analysis. Picking a random number to predict Btc's price doesn't contribute to anything especially in this community. Look at Btc's price The thread was created when btc was down in price and many people have different opinion on how low the price may go, the @op already said the post is not to scare anyone but just to give a heads up of a possible scenerio what to expect, it seems the pressure to go up is way more than the pressure to go down, right now price has regain much since when the post was made, so there is no need to panic, Once there is a little correction in price, post like this often come up especially from those who are not use to seeing the market in the dip, it is normal.
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blckhawk
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April 27, 2021, 01:01:01 PM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Well, I'd like to see that one but it turns out to be $54k right now. I felt sad for those who panic and sell their coins believing it will gonna fall down drastically but it turns out not. Bitcoin moves in the opposite way and currently running up once again to break its current ATH those who buy at the current dip will certainly enjoy their rewards and those who sell will are now making regrets. The cycle was still not yet over large institutions are not yet taking profit I believed they will push it further so for now don't worry about the bear cycle.
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Slow death
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April 27, 2021, 01:07:44 PM |
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do not worry because the price will not fall below $44,000, first notice why exactly the price reached $60,000? it was because of paypal and Elon Musk, these days the price started to fall because he was unable to break the resistance, whenever that happens the price falls until he finds a strong support, with the news from elon musk the price increased again to $55000. this shows that now and in the future we will not see prices below $44000 because there are few people selling and there are very rich people serving as great influencers for bitcoin Well, I'd like to see that one but it turns out to be $54k right now. I felt sad for those who panic and sell their coins believing it will gonna fall down drastically but it turns out not. actually not always a big price drop is due to panic, many people want to take advantage of profits they have already made so they sell and then wait to buy lower
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Stalker22
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April 27, 2021, 02:09:01 PM |
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It's just a speculation and like I said not to cause a fud. I am more interested in bitcoin high price than low price. But if any opportunities present itself to buy it cheaper I think we should watch out for that.
You really should read the definition of FUD. FUD is generally a strategic attempt to influence perception by disseminating negative and dubious or false information. https://psychology.wikia.org/wiki/Fear,_uncertainty_and_doubt
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bitgolden
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April 27, 2021, 02:22:55 PM |
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these days the price started to fall because he was unable to break the resistance, whenever that happens the price falls until he finds a strong support, with the news from elon musk the price increased again to $55000. this shows that now and in the future we will not see prices below $44000 because there are few people selling and there are very rich people serving as great influencers for bitcoin
Yeah, hopefully bitcoin will not fall back below $50,000 levels anymore as there are enough entities are backing bitcoin by their continuous buying and other influencing activities. When bitcoin was unable to break the resistance around $65k levels, most people started speculating about getting back to below $50k levels and there were few incidents which coincided along the way. But, bitcoin once again proved its potential by quickly bouncing back from that correction and right now it is trading near $55k levels and I believe this time it could easily break those resistance levels around $65k and will continue its rally toward $100.
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macson
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April 27, 2021, 03:50:23 PM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
(in this thread you are free to make your own price predictions and it will be very rare that other think you are spreading fud) everyone in Bitcoin must definitely prepare for the dip market, i was always preparing for a big price dip and promised myself to keep hodl my coins. being "weak hand" will only make you lose everything.
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jaberwock
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April 27, 2021, 06:18:16 PM |
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do not worry because the price will not fall below $44,000, first notice why exactly the price reached $60,000? it was because of paypal and Elon Musk, these days the price started to fall because he was unable to break the resistance, whenever that happens the price falls until he finds a strong support, with the news from elon musk the price increased again to $55000. this shows that now and in the future we will not see prices below $44000 because there are few people selling and there are very rich people serving as great influencers for bitcoin
We can't really say it was all because of paypal and Elon Musk. There was a few other things like many institutional companies buying into bitcoin, and many regular folk getting interested in crypto as well, even from the grocery store clerk to barber everyone I have seen got interested in crypto, that wasn't a thing a year ago. I agree that tesla and paypal definitely played a role, but that doesn't mean they were the only ones. I can't say that we will never be under 44k ever again, with a huge enough crash with panic sellers and stop loss broken etc etc there is still a chance, however I do agree that it is a small chance and it will probably not happen unless a major bad news comes out. This is why I am feeling comfortable right now, even if it drops under 44k I would still be in profit so it is understandable that some people who bought at 60k might feel scared, but I am feeling fine.
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SaShiRaJaVu
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April 27, 2021, 07:04:20 PM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Majority are here waiting for a major correction so that they could purchase again and many missed investing just before the rally because of the pandemic as they were not able to allocate money at the right time and hence i know i am looking forward for a major correction so that i can invest again and then i do not mind holding for the next few years until the next rally begins.
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Luqman
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April 27, 2021, 10:27:32 PM |
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Majority are here waiting for a major correction so that they could purchase again
I am not those people who wait for the major correction. I think if you want to buy, you don't need to wait for a major correction. You can buy in any correction, then just plan for the short time to sell again. It is the bullish season, not a proper time to buy for the long term. Buying a coin for long-term investment is better in the bearish season.
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Ridwan Fauzi
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April 27, 2021, 11:31:12 PM |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Indeed, seeing bitcoin price movement especially from technical analyst side there is a sign for bitcoin fall below $50.000. Especially when you see on the candle monthly time frame that this monthly candle will be formed as a red candle. Techincally it is a called as hanging man candle that will give downtrend signal. Also, the other technical analyst says there is a chance for bitcoin price form an AB CD pattern. The AB pattern has been formed and the C pattern should be a correction ans after the C pattern has formed then we will see a huge increase from that and the target will be $100.000.
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