FUD-slingers saying 20K this weekend...

[eaLiTy]

Bitcoin price has always been pretty volatile, and even with the price surge this year it still does not come close to the price swings of 2014 and 2015. Bad news and FUD are part of the game, as are good news. How you turn them into an advantage is the art of it.

I do agree with you, people who are new to market might get frustrated with the constant fluctuation and they have no clue because they are seeing those for the first time, it is true that the price was volatile in the past and every negative news in market could swing the market a long way and even during a rally you would search for the top news for the day and check whether it can make any changes to the valuation in either direction and then take the position accordingly and you worded it right.

[hatshepsut93]

When Bitcoin was at $58k recently, I saw an article saying that it can drop to $44k based on chart analysis, and I dismissed it as FUD, and what do you know, it did drop to $44k and then even lower. So, it's one thing when some permabear says that Bitcoin will go to some price, and it's the other thing when an impartial analyst says it, because the second has higher chance to be right. So, check the sources of claims and look what they are based upon. Not all bears hate Bitcoin or spread FUD, sometimes it's just the technical thing. Bitcoin can't always go up.

[teosanru]

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

Keeping the FUD aside market is giving a lot of hints of extreme weakness. It looks as if bulls are nowhere to be found in the market. Even though there isn't any heavy attack from bears too so far but still they look pretty heavy. 20k is too extreme of an estimate given by anyone I think. I also expect the markets to be volatile today and tomorrow due to multiple reasons, 1 is the weekly close and the second is the monthly close coinciding with it too which is on Monday. But I am sure if the market falls vigorously in these two days we will see very green weeks ahead, especially the next couple of weeks. It's because the daily RSI is already hovering around 33 Area and if it market falls from here it will move into the oversold zone which means a huge correction would arrive anytime.

[just_Alice]

I'd say FUD. Who are these "big sellers" anyway? And cnbc, you've said it yourself - nonsense, and they seem to be the only ones that post about Scott Minerd, who even cares about what he says? It's not like he's the world's leading expert. His words might have a weight among some bankers and investors, but what's it to Bitcoin HODLers and regular folks that use crypto?

[mirakal]

It's still realistic though, the moment bitcoin drop below $30k, then we might see that happen pretty quick.

We are in a market that is so volatile, we've seen huge pumps, so a huge dump is not impossible.
Just HODL and don't panic, or sell now and buy the dip, it's the only process we have to do if we want to survive.

Take advantage, that's how smart people do.
FUD and FOMO are not new, we have to get used to it.

[ultrloa]

I'd say FUD. Who are these "big sellers" anyway? And cnbc, you've said it yourself - nonsense, and they seem to be the only ones that post about Scott Minerd, who even cares about what he says? It's not like he's the world's leading expert. His words might have a weight among some bankers and investors, but what's it to Bitcoin HODLers and regular folks that use crypto?

FUD is being well organized nowadays and looking at this post, it looks like they are just trying to dump the price so they can buy. We have to take cautious on our holdings all the time and know the necessary actions if there’s a FUD, don’t panic because the market will recover again and $20k this weekend is not going to happen as well.

That's why if we are new to this better to convert what we have to stable coins so that we will not add to any panic rotating in the market, fudders want that to happen thats why we need to be cautious always. But its really better if we can ignore this mud throwing made by manipulators since if this organize groups cannot successfully move the market for sure we can see how high the price we can possibly see bitcoin reach if we will not affected on any bad attempts to make it down.

[nurilham]

I can agree if there is a dump on the weekend. But I don't think the price of Bitcoin will drop till $20K, it is too much. We all can see the price of Bitcoin is still around $34K this time, how can it drop to $20K with only 1 day left? The issue of Bitcoin price to $20K is truly FUDs. I guess people who are spreading the issue, want to buy our Bitcoin at cheap prices. They want people are in panic and sell all their Bitcoin in the market.

[Erdogan]

There are predictions all the time about bitcoin and allied crypto's but bitcoin never follows these predictions. Even there were predictions that BTC will fall down after muck tweet but it's still holding its price around 35k. I will advice to refrain from such predictions else you will only lose your money.

[Dave1]

When Bitcoin was at $58k recently, I saw an article saying that it can drop to $44k based on chart analysis, and I dismissed it as FUD, and what do you know, it did drop to $44k and then even lower. So, it's one thing when some permabear says that Bitcoin will go to some price, and it's the other thing when an impartial analyst says it, because the second has higher chance to be right. So, check the sources of claims and look what they are based upon. Not all bears hate Bitcoin or spread FUD, sometimes it's just the technical thing. Bitcoin can't always go up.

I would agree but TA is not that exact science though, so still 50/50 if we are going to base on it.

But if someone says around the forum that the price will go down and see specially this weekends, then we have to take everything with a grain of salt. He could be permabear, or just trying to create  a noise and atmosphere of negativity so we have to be careful as well and not blindly rely on those naysayers, just saying.

[Fundamentals Of]

Everything that says beware of an upcoming dump, or a day of extreme volatility, etc are all FUD. Why? Because all these nonsense tweets coming from bored twitter users are coming from nowhere but their own heads. These twitter users do not know what goes on inside the heads of a Bitcoin whale, of institutional investors, and of ordinary Bitcoin owners. How could they therefore call for a warning? Are they informed of a dump in advance? No, of course not.

[elisabetheva]

There are predictions all the time about bitcoin and allied crypto's but bitcoin never follows these predictions. Even there were predictions that BTC will fall down after muck tweet but it's still holding its price around 35k. I will advice to refrain from such predictions else you will only lose your money.

Many predictions have developed at a time when bitcoin has experienced a very deep correction, but indeed on the one hand we need that prediction, but it could also be that if predictions make us, always carry excessive fear because of these predictions.
but we should also have a strong view of whatever we receive from these predictions, because it is possible that by misreading the predictions, we will only increase to be unable to control ourselves, making what we do actually make mistakes that are detrimental.

[bittick]

No one know for sure whats really gonna happen but media mostly got it wrong and you see they are also starting to publish news rather late so why trust speculation from such nonsense media, even if the market goes bearish we could still see yet another bullrun
and i will tell you the truth this kind of media publish such FUD usually aims for people who are really afraid to further spread the news making it like self fulfilling propechy so it's better to stop helping them spreading the fuds.
Instead, if you want to know about btc analyzation price why don't just you join such discussion like in reddit, etc?

[magneto]

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

Completely FUD in my view.

We are definitely in a crypto bear market overall, but that doesn't justify the undue enthusiasm that these FUDsters seem to hold.

With the amount of institutional interest and stake in BTC which is unlikely to waver as much as retail investors, it is incredibly hard to see an outcome where the market simply flash crashes by 80% of its value overnight.

Remember that these institutions like Microstrategy aren't just in this for the short term speculation like most retail investors - their investment time horizon is much longer and will prop up BTC prices substantially in market downturns due to their liquid cash reserves that can be readily deployed to buy cheap coins.

[Ararbermas]

There are predictions all the time about bitcoin and allied crypto's but bitcoin never follows these predictions. Even there were predictions that BTC will fall down after muck tweet but it's still holding its price around 35k. I will advice to refrain from such predictions else you will only lose your money.

mostly of prediction nowadays are base on others enthusiast posting nonsense in social media and because of some memes as well they are overthingking on this current situation.. they becomes fuds after the masive decline and keep pushing bear market still not ended wherein even 20k is possible wth?  seems not just the market has been manipulated wherein their brain also... Lol

[mirakal]

There are predictions all the time about bitcoin and allied crypto's but bitcoin never follows these predictions. Even there were predictions that BTC will fall down after muck tweet but it's still holding its price around 35k. I will advice to refrain from such predictions else you will only lose your money.

mostly of prediction nowadays are base on others enthusiast posting nonsense in social media and because of some memes as well they are overthingking on this current situation.. they becomes fuds after the masive decline and keep pushing bear market still not ended wherein even 20k is possible wth?  seems not just the market has been manipulated wherein their brain also... Lol

That is not different from the past, people are just posting anything that could possibly happen and yet they sometimes guarantee it will. It's truly nonsense but we should know what to follow and what not, still the best thing is to make our own analysis, at least we won't blame anyone in case we make a mistake. If $20k comes, then welcome $20k, that would be a great start for accumulation.

[Oasisman]

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

They warned crypto investors for what? Bitcoin has been very volatile since, everyone is well aware of that. Nevertheless, FUD is a FUD regardless of what were the reasons that these people see why Bitcoin and other alts will be dumped this weekend. We are also speculating in this market nobody knows what happens next. Besides, FUDs like this always happen everytime we see Bitcoin in a downward motion.

[Furious 7]

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

They warned crypto investors for what? Bitcoin has been very volatile since, everyone is well aware of that. Nevertheless, FUD is a FUD regardless of what were the reasons that these people see why Bitcoin and other alts will be dumped this weekend. We are also speculating in this market nobody knows what happens next. Besides, FUDs like this always happen everytime we see Bitcoin in a downward motion.

Of course for those investors whose hands are weak after seeing warnings like this there must be a sense of turmoil when bitcoin is down, but this happens if nothing moves, therefore FUD is always synonymous with big buoys when the market is bearish.
We can only speculate now whether this bitcoin will be thrown away massively or indeed they want to buy lower because that is what we still don't know, only my conclusion is that I continue to face when bitcoin is really slumping.

[acener]

When they say it like that I think they are just stating their target price to buy back I think they already sold their crypto and trying to manipulate some people to create a price drop.
Why do they have to warned us about it if we already know that crypto has been volatile ever since it started?
It isn't just on holiday weekends it has always been VOLATILE but Bitcoin has proven that it could always go back up when it goes down so relax.

[wheelz1200]

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

I try not to listen to any of the surrounding noise.  100 people make 100 predictions one will be right, it doesn't mean they *knew* it would happen.  And especially from cnbc, or any traditional financial news outlet, they tend to be pretty clueless on crypto markets.

[milewilda]

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

Welcome to crypto my friend! lol
You would see these stuff to by a typical thing to happen not only with FUD but also with shills or on the reversal side of things.There would be always those big players who would have
try to suppress the market down for them to buy cheaper coins and repeat the same process which its not really surprising.So if you are just new into this market so better deal with
these things and make yourself not that easily get affected nor panic once you do see the market is crashing. So always prefer into your own decisions
and dont easily panic.