kentrolla (OP)
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November 17, 2021, 06:59:41 PM Last edit: November 17, 2021, 09:12:19 PM by kentrolla |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
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DeathAngel
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November 17, 2021, 07:28:12 PM |
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There will be a bear market but not yet, I don’t think. This bull market still has room to run imo, we will peak in mid to late December. I don’t know about 100k per coin but I still think this cycle has more ath’s to come before we fall off a cliff in 2022.
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Oshosondy
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November 17, 2021, 08:48:23 PM |
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Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
Who is tricking who, or what is tricking what, did you know after all price increase and decrease, the result is still one, the result is ATH, if investors can be patient enough, they can just hold, there is nothing bad to hold the money not used in bitcoin, using such to buy bitcoin will be good. In short period, I do not know what bitcoin price might be, it may increase or decrease, but I know bitcoin may not fall below $50000 this year again, but I do not know of next year, but after fall and rise, let us expect ATH.
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Tytanowy Janusz
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November 17, 2021, 09:12:52 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $1 Million which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $1 million and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
I see like 3 weeks correction right now to around 50-54k$ price range. Its perfect take profit time for "before taproot activation investors". Buy rumours sell facts. Same was after segwit activation. First 3 weeks dump from 4800 to 3200 and than pump to 20k.
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kentrolla (OP)
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November 17, 2021, 09:14:06 PM |
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There will be a bear market but not yet, I don’t think. This bull market still has room to run imo, we will peak in mid to late December. I don’t know about 100k per coin but I still think this cycle has more ath’s to come before we fall off a cliff in 2022.
Certainly, there is still room for bull market unless a new milestone is achieved and there are lot of altcoins as well who are yet to reach new ATH since 2017, I think there are chances of those coins pumping ho once bitcoin hits new milestone and gets stable or starts to drop. We had a pretty good year so far and we should be prepared for both the possibilities of bull and bear run.
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$crypto$
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November 17, 2021, 09:35:18 PM |
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There is still bullish going on but we don't panic and the price is still holding on to $60k as a basic correction, but I still believe that bears will come but it won't be strong enough to destroy for me it will be a possibility that the bulls can run again until the end of December, with a lot of speculation of high prices as a possible target then we will soon meet it in early 2022. Of course many panicked and many thought the whales had thrown away with the profits made, but I don't think they can stock up much more for 2022.
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arwin100
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November 17, 2021, 09:58:44 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
To early to tell that there will be a bear market season this end quarter of the year since by looking at the market where there are recovery happen after the dump we can still say that we are in bullish, but maybe we can feel the market change when December month came since if whatever movement happen well maybe it will brought the movement until next year so chill out if you buy at the top then do buy back again if there's a dip.
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naira
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November 17, 2021, 10:20:19 PM |
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Not sure, there's a post I read from https://bitcointalk.org/index.php?topic=5371847.0 they say that the analysis says there's no need to worry about the market showing a drastic decline. For me it is also not completely certain. The market conditions are like that, as if they are going to plunge, but the price reversal is actually going up. As for long term holders it's not something to worry about, they can walk away from the market and don't need to know how Bitcoin is entering the Bear Market though. In fact they are used to it and will not do too much. Is it possible to save finances to stable coin? it depends if short-term traders feel confident the Bitcoin price will drop below $50-$40K soon.
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Baofeng
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November 17, 2021, 10:27:24 PM |
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I also don't think there is manipulation behind, maybe FUD still lingers causing some investors to sell or shift to altcoins market or any other financial instruments.
As for the bear market, eventually it will come, whether we like or not. But I don't think it's that time yet. The market is still very strong in my opinion, we might see some correction, it's normal. Historically Nov- Dec has been a good month for us, still very bullish to me. What's we've seen is just another correction and then we will have a break out run to the upside.
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Kelvinid
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November 17, 2021, 10:46:16 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
Honestly, we don't know their (whales) plan yet, that seems surprising but a need to anticipate before we got caught. It was going to understand that investing in crypto is very risky and we might fall into the trap if we are doing market analysis. I know that we are familiar with what happens lat 2018 after Bullrun, people are learning that as well but that can't stop people become optimistic in a way that they'll think it never happens. May history repeat itself but not in that hard way as we suffer a long bearish season (3years). I'm doubted that comes again, yeah, can really have that correction, and the price declines but not in the certainty that it drops to $20k, $10k...not anymore.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2021, 10:55:11 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
This question isn't different from the usual question that we're always getting whenever the market plummets a lot. We don't know if it will happen and everyone has their own predictions for bitcoin at the end of this year. For someone who's good at reading the charts, they may have higher accuracy prediction on what's next for bitcoin at the end of this year. In most markets, it's very normal to see a dip just after it came from another ceiling that it has reached.
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Rent this sig space so that BTC goes to $100k.
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Oilacris
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2021, 11:06:57 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
To early to tell that there will be a bear market season this end quarter of the year since by looking at the market where there are recovery happen after the dump we can still say that we are in bullish, but maybe we can feel the market change when December month came since if whatever movement happen well maybe it will brought the movement until next year so chill out if you buy at the top then do buy back again if there's a dip. The question is, how they would able to recognize that we are on a bull trap? It is one of the hardest thing to be known on on which you wouldnt able to determine whether this is some sort of correction or would totally go down on low waters. We've been through this since from the beginning and i dont know on why people still get surprised with these movements and asking out some predictions in the end of the year? No one really knows on what would happen yet price had always been unpredictable in the first place.
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KennyR
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November 17, 2021, 11:56:18 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $1 Million which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $1 million and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
I see like 3 weeks correction right now to around 50-54k$ price range. Its perfect take profit time for "before taproot activation investors". Buy rumours sell facts. Same was after segwit activation. First 3 weeks dump from 4800 to 3200 and than pump to 20k. The major longterm trend line support seems to be around $53k - $54k. This time it can happen out of the adoption or as a result of long term corrective measure. By this the market could get pushed to create new ATH. By the time it has got some coincidence with the updates taking place with the network. Right now the buy force have declined a lot and the selling has increased. So, for short term we can't expect the market trend to turn completely bullish.
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Oceat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2021, 11:58:26 PM |
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It's been a while since we have seen any huge price manipulation and bitcoin is fluctuating between 5-10% from few days/weeks and what do you think would be the outcomes? will it be marching towards new milestone of $80K or $100k which has been trending in most of the crypto influencer's channels? I think we have seen this before and bitcoin will surge and probably touch $100k and then whales will start dumping like they did in 2018 in order to buyback at lesser value.
Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
To early to tell that there will be a bear market season this end quarter of the year since by looking at the market where there are recovery happen after the dump we can still say that we are in bullish, but maybe we can feel the market change when December month came since if whatever movement happen well maybe it will brought the movement until next year so chill out if you buy at the top then do buy back again if there's a dip. The question is, how they would able to recognize that we are on a bull trap? It is one of the hardest thing to be known on on which you wouldnt able to determine whether this is some sort of correction or would totally go down on low waters. We've been through this since from the beginning and i dont know on why people still get surprised with these movements and asking out some predictions in the end of the year? No one really knows on what would happen yet price had always been unpredictable in the first place. Well, the speculation is this year we will be hitting a new ATH but the question is—is it going to happen or this will be the end and we might see the bear soon? Now, that statement that no one knows is exactly precise but what if Bitcoin hit $100k this year? We can't just predict the future but we can anticipate although, FUDS are just around the corner so it's best to be careful. It just happened before so the possibility that this is going to happen again is high. So, be cautious on your every move on when to buy or sell. I think this month will have its dramatic show of dumping to pumping until next month. But I do hope next month will bring a new ATH though.
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3996
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magneto
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November 18, 2021, 12:15:54 AM |
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I think that we've probably already seen the top for this bull run.
We'll likely hover around the $60k level for a while, but after the consolidation I am expecting further adjustments downwards.
This is not to say that you should dump all your coins and buy back later - the short term crypto market is as volatile as any market gets. Just be prepared to have some liquidity on hand to DCA if a large dip does occur.
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Wexnident
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November 18, 2021, 02:07:21 AM |
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It'd probably be at the start of the new year imo. I'd reckon there'd be quite the hype at the end of the year, though it shouldn't last that long since we'd probably consolidate at that level for a few months, or heck even the entirety of next year even. I don't think it's possible to even go below $50k at this point since we have a pretty solid foundation as of right now, though the price that we could achieve by the end of the year falling back to where we are right now isn't that odd, it'd probably be like this for a few months after reaching that new ath tbh.
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Dave1
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November 18, 2021, 02:32:04 AM |
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I will echo the sentiments of the majority, there's no telling if we have entered a bear market or if this is just a bull trap.
First, the market has undergone a natural thing, once we've reached a certain all time high, it will just corrected itself. Second, there are a lot at stakes right now to call this a bull trap or even the start of a bear market. Everyone is still on the boat of a 6 digit at the end of the year or at least in the first quarter of 2022.
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adaseb
Legendary
Offline
Activity: 3850
Merit: 1727
Up to 300% + 200 FS deposit bonuses
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November 18, 2021, 03:42:55 AM |
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I don’t think $69K was the top. Normally for a top I would expect perhaps a few 20% days and funding to go thru the roof. Back in 2017, the futures funding was very high. If I recall correctly it will maxed out at +0.375% per 8 hours for days.
Then back in April 2021 it was a similar story. The funding basis was something like 50% per year. I remember seeing the June futures at something like 12% premium and I remember the Dec futures it was something like 20%. Obviously this wasn’t sustainable and why it topped back then…
I don’t see this happening currently.
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philipma1957
Legendary
Online
Activity: 4228
Merit: 8394
'The right to privacy matters'
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November 18, 2021, 03:51:26 AM |
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I think 🤔 mostly sideways and in a 50-70k range.
I think this could go well in 2022.
The so called boom occurs next fall not this winter. The boom tops 200k.
But just an I think 🤔
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michellee
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November 18, 2021, 04:30:41 AM |
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Bitcoin is doing well this year by reaching the new ATH, although we now see the price is on the dip. But sooner or later, the price will start to rise and who knows, this dip means something for bitcoin to get more supports to lift the price to the new ATH soon.
I think the situation will not be the same in 2018 as the whales will think twice about dumping as they did in 2018 because many big companies will not let them easily do that but we do not know yet until that happens. As long as you can act wisely this time, you will see what is going on with the market so you can decide based on the current situation and you will have a chance to take benefits from the situations.
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