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Author Topic: Almost clear with the weak hands.  (Read 491 times)
DarkDays
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May 26, 2021, 06:20:36 PM
 #41

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
market conditions are not eternal...

In the last few days, the market looks very stable and has the potential to skyrocket again, it's just a matter of time. bear and bull markets are not forever, let's laugh at the weak hands, who sold their crypto assets during the bear market.
People sell out for different reasons. There isn't a clear sign to me that the market is about to skyrocket so perhaps selling now is a good thing and buy lower. There is some optimism in the market left but for it to reach another ATH there needs to be strong external support and with all the bad press BTC and crypto generally has been getting I do not see anybody coming to rescue just yet. I hope I'm wrong and we do go on another rally...
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May 26, 2021, 06:54:44 PM
 #42

Indeed. Also the show of tweets has come to an end after seeing that there is no proper response to the Elon accounts.  Wink
Considering this, we stand better chance in the coming years when people start FOMO investments. The candles are green one more time and bitcoin is holding and resisting the down surge.
That’s the point we should know it’s gonna break it for nice 70k or something.
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May 26, 2021, 07:30:00 PM
 #43

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
Apparently you are right, you just have to wait a couple more hours, but it does not guarantee that if another eventual news comes out by Elon Musk the weak hands will return to the massive dump, the good thing is that investors will buy in the dip, but this has consequences to the market in general, many do not see the potential of BTC, they leave their investment like anything else, with the passage of time they will regret it in a great way.

The price is already going above $ 38k- $ 39k, if all goes well, it is likely to see that BTC reaches this week the levels of $ 400- $ 50k, of course seeing this in the bullish scenario, but everything can be invalidated If a crash happens, I hope Elon Musk doesn't make another one of his controversial groundbreaking tweets.

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May 26, 2021, 07:42:42 PM
 #44

Indeed. Also the show of tweets has come to an end after seeing that there is no proper response to the Elon accounts.  Wink
Considering this, we stand better chance in the coming years when people start FOMO investments. The candles are green one more time and bitcoin is holding and resisting the down surge.
That’s the point we should know it’s gonna break it for nice 70k or something.
There's always a rainbow after the rain yet this market cant really be just like this to remain forever and there would always be a sunny day after all these unpleasant situation we are taking on
with  this market.Those factors are just part of the growth of this market because it cant really grow without those factors which is actually unavoidable or inevitable.
For now lets move on and hope that the market would really recover and each investor or people who do get involved or engage on this market would
be much wiser on possible next similar events to happen.

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May 26, 2021, 08:03:14 PM
 #45

~
Too early to tell there, OP. Still stabilizing above 38k and anytime soon whales would take weak hands' coin.
There are people that are still not over with Musk and it's kind of getting insane and out of hand let alone here in the forum already.
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May 26, 2021, 08:07:06 PM
 #46

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!

Properly it is the for the weak hands to raise the price of bitcoin now, the wealthiest ones are out of funds, the Elon community is out of the game, what's exactly will make it overflow this time, this will really take a lot of time to recover from this dip, the market need a strong hands to uplift it to where it was before, bitcoin will record another dump season within this period.



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May 26, 2021, 09:54:32 PM
 #47

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
market conditions are not eternal...

In the last few days, the market looks very stable and has the potential to skyrocket again, it's just a matter of time. bear and bull markets are not forever, let's laugh at the weak hands, who sold their crypto assets during the bear market.
Bitcoin is forming a rising wedge pattern, of course this is what we are used to seeing, yup a decline can be very happening this week,
after the recovery to $ 40k I think it will still be difficult to break this resistance, this is psychological resistance in my opinion,
where the dump will be occurs first to be able to dispose of the holder from buy on the top.

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May 26, 2021, 10:17:24 PM
 #48

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!

Properly it is the for the weak hands to raise the price of bitcoin now, the wealthiest ones are out of funds, the Elon community is out of the game, what's exactly will make it overflow this time, this will really take a lot of time to recover from this dip, the market need a strong hands to uplift it to where it was before, bitcoin will record another dump season within this period.
I guess that's the way it is. Where did so much with the bullish season, I think it is time for the market to relax and give some chance for early sellers to reinvest. But I don't think that we have to suffer the hard dip just like what we experience last 2018-2019 bearish season. Coz what I foresee is that the market demand will still be high leaving the price ain't that very low compared in the past. In fact, if we can take a look at the market chart, we can never see that the price decline continues to move down, still in a fluctuation style. So I assume that this bearish period might be just for short while.

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May 27, 2021, 08:30:53 AM
 #49

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
market conditions are not eternal...

In the last few days, the market looks very stable and has the potential to skyrocket again, it's just a matter of time. bear and bull markets are not forever, let's laugh at the weak hands, who sold their crypto assets during the bear market.
When the market is having a really really strong resistance from dumping below $32K and go back up again at the blink of eye that's enough sign of upcoming bullish for me. Now even goldman sachs shilling for bitcoin calling it a asset class
when the big players keep shouting that bitcoin is gold, what else there is to expect in the future other than bitcoin being valued as gold which means increase in price? I do agree bearish won't last forever, instead we gonna see another pump, I just really expecting it to happen.

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May 27, 2021, 09:19:00 AM
 #50

We never know if bitcoin will dip this deep in price in such a fast time. We've just been in the bull market,
but now the market is in a bear state. But the state of this bear market should quickly recover back to the bull market.
Because the bull market hasn't happened long ago. Maybe at least in June, the bull market will be back.
Is it in the bear state though? Look at the prices, it's still that high, I mean we come from a 900% growth to 50% loss so I don't think we have to worry too much about it being in the bear market. Also, it's good that we are losing a lot of weak hands because I really love for other deserving investors to get in at a really low price.

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May 27, 2021, 12:08:53 PM
 #51

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!

You're right. The next drop in cryptocurrency prices is associated with only one goal, to knock out weak players from the market and buy up their crypto assets at a low price. Of course, a number of other news were summed up for this, but those who are on the crypto market have not been deceived for a long time. We have already seen similar processes many times and every time the price of cryptocurrencies fell and a lot of bad news appeared, then after that everything returned to its normal circles and after that the price went even higher. The main thing is not to panic and always make decisions carefully.
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May 28, 2021, 06:28:49 PM
 #52

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
Don’t celebrate what you are not sure of. How can you be specific on how many weeks it’s going to take before the price bounces back, who told you that it is going to be two weeks? Are you saying two weeks because it has been two weeks that the price dropped? Nobody knows about this for sure, so don’t say it like you’re very sure it is going to be going back up. We saw something like this happen before and we all know how long it took before we arrived here.

So you can’t be hundred percent sure if we are going to be crossing the last ATH, but what we do know is that the price we keep swinging up and down and if we are lucky, maybe we will land on another ATH before the year runs out.

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May 28, 2021, 07:32:15 PM
 #53

Yup.

That's likely to take a few more weeks before we get back again at the top. But if this continues and we're again down, we're going to have a hard time seeing bitcoin going back to $50k and above.

No matter how clear we are with the weak hands as long as the market keeps on shaking and dropping, nobody can stop that for sure.

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May 28, 2021, 10:56:44 PM
 #54

Yup.

That's likely to take a few more weeks before we get back again at the top. But if this continues and we're again down, we're going to have a hard time seeing bitcoin going back to $50k and above.

No matter how clear we are with the weak hands as long as the market keeps on shaking and dropping, nobody can stop that for sure.
I agree with you if BTC goes lower than 30k we will be going in bear run. Then it can happen that we won't see BTC over 50k for some time or maybe a year or more. But it's good time to buy now.
$30k is still high to say that we are in bear, too far from the previous bear price. Maybe $10k will be considered for me.

But I think it was so hopeless we got into the dip again knowing that the market support seems to be going strong and pushing the market moving high. As we can see, many FUDs, negative news had come but none of them triggered to huge market fall but just only small corrections. This means that we are less chance to see for market bear, but likely to stay bullish.
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May 28, 2021, 11:30:56 PM
 #55

Yup.

That's likely to take a few more weeks before we get back again at the top. But if this continues and we're again down, we're going to have a hard time seeing bitcoin going back to $50k and above.

No matter how clear we are with the weak hands as long as the market keeps on shaking and dropping, nobody can stop that for sure.
For now its really testing out to break that 40k barrier and still failed and trying always to get back or bounce on that strong resistance and now playing 35-33k level.
We cant really say that we already had shook the weak hands and there might be still some who are just observing the trend but since the price
isnt really crashing that low then we can really presume out that there are no more panic seller at the moment but if there would be
some sentiment specially negative ones then that would surely make the market even more worst.

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May 29, 2021, 02:38:27 AM
 #56

We never know if bitcoin will dip this deep in price in such a fast time. We've just been in the bull market,
but now the market is in a bear state. But the state of this bear market should quickly recover back to the bull market.
Because the bull market hasn't happened long ago. Maybe at least in June, the bull market will be back.

I don't think the current state of the market is to be considered bearish just yet. I understand we're -50% lost already but looking at the market you can still see some potential of a possible pull up happening anything soon. The market is currently in consolation phase and sooner than later the market will bounce back.

The cryptocurency market has proven countless number of time it's a medium to transfer wealth from the impatience to the patience and this time around things won't be any different so instead of panicking is best advice you start accumulate as much coins as you can in prepared for what's is yet to come.

Looking at the charts you can see the week hands are decreasing in their numbers, we're now experiencing some consolation instead of the dumps we were experiencing at the starts of the fuds so in the long run, we should be bullish.

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May 29, 2021, 02:57:13 AM
 #57

Yup.

That's likely to take a few more weeks before we get back again at the top. But if this continues and we're again down, we're going to have a hard time seeing bitcoin going back to $50k and above.

No matter how clear we are with the weak hands as long as the market keeps on shaking and dropping, nobody can stop that for sure.
I think that will not be a problem because we have the experience of waiting for a bitcoin price increase. Even if bitcoin continues down and we still wait for more, bitcoin will increase someday. We have a chance to see bitcoin rise in the next months.

So if people are still selling their bitcoin because of panic, that will be the best thing for us to buy because the price will go down at a low price. But we can still hold bitcoin and do not sell if the price is not hit the high price.



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lixer
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May 29, 2021, 06:55:02 PM
 #58

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
A lot of people are still saying that the price will reach $100,000. I hope this is true. I saw a post yesterday, a guy that was talking about 4Chan’s post and saying that the recent fall in price was planned by the whales for a purpose which I can’t really explain. And according to him, he strongly believes that the market will back up again. I don’t know how true that is, if the market does go up a lot of people are going to be happy about that.

Although the thought that Bitcoin is being manipulated doesn’t sit well with me. Nobody likes manipulation in any in form and in any market.

wxa7115
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June 01, 2021, 06:33:44 PM
 #59

Indeed. Also the show of tweets has come to an end after seeing that there is no proper response to the Elon accounts.  Wink
Considering this, we stand better chance in the coming years when people start FOMO investments. The candles are green one more time and bitcoin is holding and resisting the down surge.
That’s the point we should know it’s gonna break it for nice 70k or something.
There's always a rainbow after the rain yet this market cant really be just like this to remain forever and there would always be a sunny day after all these unpleasant situation we are taking on
with  this market.Those factors are just part of the growth of this market because it cant really grow without those factors which is actually unavoidable or inevitable.
For now lets move on and hope that the market would really recover and each investor or people who do get involved or engage on this market would
be much wiser on possible next similar events to happen.
We must always try to find the positive of all of this, yes the market went down and there is nothing we can do about it but now we must look at the fact that a great deal of the weak hands are finally out of the market and most likely they are never going to comeback.

This means that it is going to be easier from now on for bitcoin to go up in value, we just need the perfect storm for this to happen and I think we are likely to see it soon as yet another upgrade on the network is coming soon.
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June 01, 2021, 08:03:59 PM
 #60

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
A lot of people are still saying that the price will reach $100,000. I hope this is true. I saw a post yesterday, a guy that was talking about 4Chan’s post and saying that the recent fall in price was planned by the whales for a purpose which I can’t really explain. And according to him, he strongly believes that the market will back up again. I don’t know how true that is, if the market does go up a lot of people are going to be happy about that.

Although the thought that Bitcoin is being manipulated doesn’t sit well with me. Nobody likes manipulation in any in form and in any market.
Well, I would say it's matter of Fud and Fomo that changes the people's minds and we can't actually eradicate the market manipulation. No one wants and like that to happen I hope those who manipulate the market should get punished. They aren't helping the people or either the market, they were just making money from the small fish which is us.

I am bullish with Bitcoin and I believe it would break the strong resistance and record a new ATH again. Looking forward to seeing the $100k but maybe not this year, maybe in the next 2-3 years.

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