cabron
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November 18, 2021, 04:45:46 AM |
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There will be a dilemma for whales whether they will join to dump. If they are going to do it on DEX, there are few orders there but doing it on a big exchange like Binance, they'd be monitored too. Remember that there is already a KYC for them and there is already a law binding these exchanges to report data. It may really not be a big dip in the market. The reason why they go doe ETH these days is that it's still possible to be anonymous on ETH dex and swapping platforms. And so influencers are sending this idea.
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LogitechMouse
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November 18, 2021, 12:38:42 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?
When crypto influencers are very bullish about Bitcoin and they often speak of it going towards a higher price, that usually is a warning sign. I can't cite some examples of it but when most of the people are in the euphoric stage meaning they are getting FOMO'ed, it usually is a bad sign. Well, I will be happy to see if Bitcoin will end up the year with a bull run but if the worst thing happens then... so be it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Many are hoping that the last few weeks of Bitcoin will be bullish since if we will see the history of Bitcoin within the past years, the last 3 months of it turns out to be a bullish months for it. I just hope that it will happen again. What I don't want to see is Bitcoin ending the year with a series of corrections ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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DU18
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November 18, 2021, 04:48:57 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. The decline in the price of bitcoin that occurred in the last few days in my opinion is only temporary and this could be a good opportunity for us to buy bitcoin, some people predict that bitcoin may fall to touch the price of $ 56K and for me personally this will be an opportunity which is good for buying and storing bitcoin, with bitcoin's strong fundamentals so far, I believe that bitcoin will rise again as usual, so the price decline that is happening now is not something that should make us panic.
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Vaculin
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November 18, 2021, 05:50:30 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. The decline in the price of bitcoin that occurred in the last few days in my opinion is only temporary and this could be a good opportunity for us to buy bitcoin, some people predict that bitcoin may fall to touch the price of $ 56K and for me personally this will be an opportunity which is good for buying and storing bitcoin, with bitcoin's strong fundamentals so far, I believe that bitcoin will rise again as usual, so the price decline that is happening now is not something that should make us panic. It's more of a good opportunity to buy more bitcoin at its low price. After this, holding is still the best option because once bitcoin will go even deeper like $56k down to $50k, then its more likely that we will see bitcoin again rising up and maybe this time $100k will now be possible to be its new ATH. History may only repeat itself so there's no room for panic and worries because the present dump will pave for bitcoin to its new ATH in the next couple of days. Let's be optimistic this time as this dump is just another part of the cycle before bitcoin starts to skyrocket again.
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beerlover
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November 18, 2021, 07:03:11 PM |
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When crypto influencers are very bullish about Bitcoin and they often speak of it going towards a higher price, that usually is a warning sign. I can't cite some examples of it but when most of the people are in the euphoric stage meaning they are getting FOMO'ed, it usually is a bad sign. Well, I will be happy to see if Bitcoin will end up the year with a bull run but if the worst thing happens then... so be it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Many are hoping that the last few weeks of Bitcoin will be bullish since if we will see the history of Bitcoin within the past years, the last 3 months of it turns out to be a bullish months for it. I just hope that it will happen again. What I don't want to see is Bitcoin ending the year with a series of corrections ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . December of 2017 ended up being something that printed in the minds of everyone. I believe that there is a good chance that people just hope for the same thing every sing year. I do not know why people believe that just because it happened in one December, why would it mean that it would happen with the same December? That doesn't mean that it will happen again and I believe that there is going to be nothing like that at the end of the day. So, this is why I believe that there is going to be something and I am not sure if it is going to be just up, it could also be a down. I am used to having at least one big volatile movement from the crypto prices every month, and yes December will not be different and there will be one big movement. However this is not about "we go up every December" it is about "we move up or down but a lot every month" and that will happen.
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Silberman
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November 18, 2021, 08:06:07 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?
I think part of the reason why we are not seeing the huge growth that we have been expecting at the end of this year is precisely because people are being cautious this time around, they do not want to be caught by a fast crash in the price of bitcoin as they were back then, so they are limiting their exposure to bitcoin and this means the demand is not as strong as before, this means that the scenario in which not much happens at the end of the year is becoming more likely as we speak.
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carlfebz2
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November 18, 2021, 09:38:33 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?
I think part of the reason why we are not seeing the huge growth that we have been expecting at the end of this year is precisely because people are being cautious this time around, they do not want to be caught by a fast crash in the price of bitcoin as they were back then, so they are limiting their exposure to bitcoin and this means the demand is not as strong as before, this means that the scenario in which not much happens at the end of the year is becoming more likely as we speak. Only for those who are making short term investment but for those who do go for long term aspect then it does signify that there are still those who do hold that long even up to this point and never intended to make out some selling. There's soo much high trust that we do have on the current market at the moment and thats been proved out with the high value as of this moment. The movement might not really be that high at the moment but at least we are seeing that it does really have the potential.
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STT
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November 18, 2021, 10:26:30 PM |
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If we were following main markets they are predicting upto 10% off in the end this year. We already had great gains, it doesnt continue forever without people profit taking; why because half the money is gambled with leveraged or borrowed cash. Holidays especially prompt people to step away and close out the trades, we can rise over xmas but imo it requires the sell before that occurs first.
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Ryker1
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November 18, 2021, 10:50:13 PM |
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If we were following main markets they are predicting upto 10% off in the end this year. We already had great gains, it doesnt continue forever without people profit taking; why because half the money is gambled with leveraged or borrowed cash. Holidays especially prompt people to step away and close out the trades, we can rise over xmas but imo it requires the sell before that occurs first.
Well I don't think holders the same thinking of profit-taking though you are right that there is no continued rise forever of the crypto price I am confident that there is no time yet for dropping the bitcoin price. We have had a lot of great news recently that makes bitcoin price becomes healthy and rapid growth and perhaps it will continue even until next year. I will consider that this was a bull run, not a hype, and not a bull trap. Though the price is unpredictable you can feel that there is no sign of having a bad market.
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Yamifoud
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November 19, 2021, 12:13:05 AM |
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If we were following main markets they are predicting upto 10% off in the end this year. We already had great gains, it doesnt continue forever without people profit taking; why because half the money is gambled with leveraged or borrowed cash. Holidays especially prompt people to step away and close out the trades, we can rise over xmas but imo it requires the sell before that occurs first.
Well I don't think holders the same thinking of profit-taking though you are right that there is no continued rise forever of the crypto price I am confident that there is no time yet for dropping the bitcoin price. We have had a lot of great news recently that makes bitcoin price becomes healthy and rapid growth and perhaps it will continue even until next year. I will consider that this was a bull run, not a hype, and not a bull trap. Though the price is unpredictable you can feel that there is no sign of having a bad market. We can have that kind of optimism and belief because we trusted the market so well. And we have also witnessed the spike of market demand and adoption that could certainly uplift prices and keep on high. The next stop for Bitcoin will be $80k, I speculated this to happen this year. But can't hold the market to show crashes just like now, we turn back red once again. However, I can be hopeful that this will end up shortly and rise back stronger to make bullish again until next month.
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GreatArkansas
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November 19, 2021, 01:16:51 AM |
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Closing below $50,000 daily is very dangerous for Bitcoin until the end of this year. That's why even Bitcoin will visit below $50,000 again any day of this year, we should just close the yearly candle above $50,000. And Bitcoin will do sideways next year $30,000 - $50,000. I can still consider it's not the end of the bull run. We already got a lot of volumes.
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Woodie
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November 19, 2021, 06:57:21 AM |
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if price was going to close & hold above $60k i would say we might have continued being in the bullish phase, but closing below $60k and even seeing $56k this soon is certainly a bull trap! But the good news is what we have is one naughty and wild bull that cant be contained in the lower ranks, sooner or later it will recover and continue its bull run... as the drop is inevitable in helping build momentum using the catapult effect.
But for the end of year a close above $65k should put us on the right track.
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Finestream
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November 19, 2021, 07:11:35 AM |
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if price was going to close & hold above $60k i would say we might have continued being in the bullish phase, but closing below $60k and even seeing $56k this soon is certainly a bull trap! But the good news is what we have is one naughty and wild bull that cant be contained in the lower ranks, sooner or later it will recover and continue its bull run... as the drop is inevitable in helping build momentum using the catapult effect.
But for the end of year a close above $65k should put us on the right track.
It would be unlikely to end this year in a bull trap since all of us are expecting for bitcoin to reach new all time highs this december. But i'm still optimistic that bitcoin won't settle below $60k before this year ends and will probably recover soon once positive news will hit the market again. Although a big drop for bitcoin price may considered another good opportunity to accumulate bitcoin but considering those long term holders for bitcoin who's looking forward for a new ATH before 2021 ends, i think they will feel very disappointed because their goal has not met. But whatever the price for bitcoin will be, i can see that it's still high and more valuable compared to other crypto coins.
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Natalim
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November 19, 2021, 08:06:13 AM |
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This is already a year of the bull run because bitcoin reach a new ATH this year, it's just in the past few days that bitcoin price is dropping and it's not a big deal as we've witnessed this kind of correction in the past. This year also, we witness bitcoin's low but was able to recover easily, so a dump now should not be surprising as it could really happen despite in a bullish market.
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rodskee
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November 19, 2021, 08:13:24 AM |
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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?
I'm done in speculating this year as all my funds inside the market is for HODL, i even managed to take all my profit when the price reached 64k and buy back when the price fluctuate down to 34k so meaning i am ready to whatever happen to the market this year . and even in the following years? at least right after the next halving ass i am ok to keep waiting. only those who are struggling to make profit are the one who is being much aware of what will happen in the year ender.
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peter0425
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November 19, 2021, 09:39:43 AM |
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the way market is showing now? and the way how traders reacting? i think there might be a coming Bull Trapping as one famous analyst says the Bitcoin price is over hype and not appropriate for the market at our time now. so in this i think market now are being manipulated and any moment the whales will dumped it again, we have seen a fall to below 30k recently so how dip they can do in the market? This is already a year of the bull run because bitcoin reach a new ATH this year, i
Not because there are bullish that happened we can assume that we will be having the whole year, also prices had been up and dump in the whole year so what can we expect in rightful?
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Japinat
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November 19, 2021, 11:35:17 AM |
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Some investors easily panic when they see a huge dump, these are investors who probably invest in crypto without understanding the nature of the market. Why would we panic if bitcoin will fall 10% in a day when we already witnessed it pump more than 10% in a day? It doesn't make sense, right?
If we are here to invest in the long run, we should understand that volatility is normal and bitcoin never fails to amaze us when people slowly lose hope. So, when people are wary, that's the time to buy as most likely the whales will pump the market afterward.
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tygeade
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November 19, 2021, 11:55:40 AM |
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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?
Anything will be possible as of now, it seems. Because, 1. Some people speculate about extended bull run till 2nd or 3rd quarter of 2022. Final ATH would be around $400k levels. 2. There are people who believe that ATH of 2021 already done and market is reacting to double top right now. 3. The current pull back is just a correction and market will bounce back and we may get at least $100k before bears' dominance. So, some people may end of catching peaks and also some people will just watch markets and do nothing even they have planned to sell at peak and buyback at bottom.
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palle11
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November 19, 2021, 06:01:32 PM |
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This is already a year of the bull run because bitcoin reach a new ATH this year, it's just in the past few days that bitcoin price is dropping and it's not a big deal as we've witnessed this kind of correction in the past. This year also, we witness bitcoin's low but was able to recover easily, so a dump now should not be surprising as it could really happen despite in a bullish market.
Yes bitcoin dump happened in 2018 after the ATH but this time may not be the same. Now we have better believers than it was last 4 years. The instructions buying taking longer before they dump that means more coins will still be in the wallet of stronger hands, that will keep price a little steady until the next halving. This time won't be same with last time, dump may be just minor before correction and continuation.
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Reatim
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November 20, 2021, 07:38:55 AM |
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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.
if that is the plan then many of us will surely benefits? because most of us are willing to take out their funds once the price Hits 80k-85k at least ? Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
am not sure if there are many small traders investor that willing to buy at 80k up this year, i mean if that climb happens our thoughts are whales is manipulating again to bag money from trapped noob investors .
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