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Author Topic: Will Bitcoin Crash in The Next 2 Weeks?  (Read 773 times)
Newchanka (OP)
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February 21, 2022, 12:31:31 PM
 #1

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.

Just Think it, I'll Write it
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February 21, 2022, 12:34:45 PM
Merited by PrivacyG (1)
 #2

The executive order is coming this week actually, and to answer your question, nobody knows for sure.

But if the regulations are not as harsh as people are expecting them to be, we might even see the price going up.

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February 21, 2022, 12:35:07 PM
 #3

What was the regulation though, if it's something big that's going to affect the economy or the market then we will probably see a crash in the prices hopefully I get to save up some money in the case that the prices are really going to go down, I don't want to miss out when crashes in bitcoin market happens.

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February 21, 2022, 02:06:32 PM
 #4

I know this is the Speculation section hence it's fine to speculate, but if you want to make it in this industry you shouldn't just listen to randos on Twitter, Reddit, or even Bitcointalk. Go read what Biden's regulation actually is, and make your decision.

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February 21, 2022, 04:21:29 PM
 #5

Investing in cryptocurrencies has taught me one important lesson over the past few years, and that is to remain calm. There are many things which move up and down with swift and violent speed, but the crypto market is one which is like a speed bump. You can choose to slow down or slam on the brakes, but your time is better spent taking the long way around and following the path which leads to the destination you really want. Don't sell in a panic when everything goes down and don't buy in euphoria when everything goes up.
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February 21, 2022, 04:56:21 PM
 #6

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.

Who’s the guy?  You have to question the tweet cos he thinks regulation will knock it out, so meaning it’s not getting back up for a little while.  If that’s the case, what’s he saying?  When is he buying..?

From what I’m seeing, I think crypto will happen like how the online poker industry was basically killed in the US which was highly unregulated before the UIGEA.  After UIGEA the big sites stopped accepting US based players and could only operate in states where online poker is legal.  I mean it’s still around but it isn’t the same.  Players in the US can’t play vs players from outside the US.  I don’t even think they could play vs players outside the state they’re in.  Lol.  But as far as crypto goes, it’s gonna be the exchanges that’s going to be the likely targets and they’ll take a big hit.

R


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February 21, 2022, 05:21:36 PM
 #7

We've seen a lot of this exaggeration of intimidation over the past years, but what happened? Bitcoin continued to rise and rise until it reached the highest ATH ever!!!
So you do not have to pay much attention to such fears. You have to be more confident in Bitcoin and that whenever the price of Bitcoin drops, this is a new opportunity to buy and store, who have accompanied Bitcoin since its birth until now they know what I am talking about, so my advice to you if you have some Bitcoin you have to HOLD it and if you have Some dollar buy more bitcoin on each drop.


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February 21, 2022, 05:50:25 PM
 #8

It's your money, and it's up to you whether to invest it or not. Even though we have been subject to regulations up to this point, but nothing has led to Bitcoin becoming a big market. Bitcoin took a dip, but eventually made its way back into the spotlight. It is common to see random tweets being used to speculate. In most cases, they try to drive the community into their side to gain advantage from the market.
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February 21, 2022, 06:05:10 PM
 #9

Indeed, this order will be quite difficult to predict, even though its impact will have a huge impact on both stocks and cryptocurrencies. The price range is also quite worrying if March is always identified with the red market. If you refer to March 2020, it actually went up so fast. I am quite skeptical about the ups and downs of the Bitcoin market for this year. And still looking for news about the turbulent situation of speculators who think that the bull or bear market must be properly anticipated. So because so far it's still gray, there's nothing wrong if you want to buy entries, try to do a very careful market analysis.

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February 21, 2022, 06:21:40 PM
 #10

Just because somebody wrote it on Twitter or any social media platform, you should believe it. But it's a speculation that nobody knows for sure what's in it to happen. But basically, when times like this comes and everyone is likely waiting for the recovery or kind of bored because of the motion of the market. They're looking for something which makes it slow on its move and like that tweet says, that can be a factor this week or by next week. Still, ends up no one knows what it will do to the market.

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February 21, 2022, 08:02:03 PM
 #11

Only today Bitcoin price crashed 3 times. Well, it has also recovered pretty good every time too.
So how big is the crash you guys speculate it could be happening? 30k? 20k? 50%? Lower? Or proper bear market maybe?

However, that "after that, I'll buy" part make me not believing at all the person tweeting it. It sounds like somebody that keeps looking (forever) for the best moment to buy. If bear market start, he will again not buy because it'll fall more; if it will not actually crash significantly in those 2 weeks, then he will wait for a better opportunity again? Really? No. If one wants to buy, he probably does DCA. Just look at MicroStrategy.

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February 21, 2022, 09:03:06 PM
 #12

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.
Nobody really knows, although the price is is experiencing another downside on the last couple o days. I saw it went as low as $37k, but now recovering to $38k.

And if it the news has negative effect on the market so be it, we've seen bitcoin crashes before, but it's not the end of the world. Bitcoin is so resilient that it has the capacity to bounce back, (and thanks to it's speculators and traders and investors).

R


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btc_angela
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February 21, 2022, 09:05:54 PM
 #13

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.

I guess you will find the investors of the user for making this kind of tweet. He wanted to sow FUD to the crypto market investors.

It's because he wanted to buy cheap bitcoins or maybe even stocks. We have the looming war and then the regulation so that is enough to really see the price going down in the next couple of weeks. So we will see what will be the lowest low again.

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February 21, 2022, 09:10:55 PM
 #14

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.
The price has being going down during the last days, however I need to be direct with you, it is important to not let yourself be influenced by the comments that you read in social media.

You need to be able to look at the markets and form your own conclusions, and if this is something you cannot do at the moment then you are not ready to put real money in the markets, otherwise then you are going to get confused by all the conflicting opinions that you will read online, could the price crash in March? Maybe, but if you plan to be here for the long term then such a thing is not bad at all and instead you should think of it as an opportunity.
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February 21, 2022, 09:11:42 PM
 #15

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.
Nobody really knows, although the price is is experiencing another downside on the last couple o days. I saw it went as low as $37k, but now recovering to $38k.

And if it the news has negative effect on the market so be it, we've seen bitcoin crashes before, but it's not the end of the world. Bitcoin is so resilient that it has the capacity to bounce back, (and thanks to it's speculators and traders and investors).

And if that happens, many are waiting to get a hold of bitcoin.
So for me, there's nothing to be worried about. How many times have we read negative news?
And yet, bitcoin bounces back again and again. This is not the end of the world as you said.
There were many negative news before like China banning crypto miners (I consider it significant because the percentage of miners in China was big),
but we have seen, the effect is just temporary. It didn't wipe out the existence of bitcoin.
So crash or not, it is your own strategy on how to take advantage the market at that point.
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February 22, 2022, 02:39:58 AM
 #16

Normally when you read about stuff like this on the news. It’s meant to shake out most people and sell at a loss. Same with all this talk about a war. Creates lots of tension and people get nervous and sell.

However if you look at past wars and conflicts, usually the start of the war was the bottom of the dip in the stock markets. Generally, it doesn’t make sense but wars are bullish for stocks. And will be for crypto.

So don’t take those comments too seriously.
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February 22, 2022, 04:38:05 AM
 #17

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.
Looking at the market movement now? the prices starts to drops small by small, from 39k yesterday , now bitcoin stand at 36k and continues to drop.
this is a bad sign that the market is experiencing dumping and maybe crash will soon to come, but at least not as bad like what 2020 brings us?

but of course this is not certain mate, it may damage the reputation of bitcoin or will make it grow more in the following days.

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February 22, 2022, 07:33:46 AM
 #18

Someone wrote this on Twitter, how true is it?

Quote
Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy.
If this is the reason why the market  is experiencing this now?  https://coinmarketcap.com/currencies/bitcoin/  the market starts to show bad downtrend and from staying to 40k level now again in 36k and still signs of dumping .

If you short time bitcoin prediction i think it will be not helped you Because bitcoin is a long term survive cryptocurrency. Can you see the bitcoin price chart?
Bitcoin price littl drop day by day,previous week bitcoin price was $42k+, Yesterday $39k+ but Today's bitcoin stand $36k.So i hope bitcoin price will be more rise again in this year.
what are you talking? OP is asking about the President Joe Biden's regulation and not your BS speculative post .

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February 22, 2022, 10:38:33 AM
 #19

US President Joe Biden is expected to issue an executive order next week directing agencies across governments to study central bank cryptocurrencies and digital currencies (CBDCs).
It is hoped that the executive order will produce a strategy for the US government to regulate digital assets and cryptocurrencies.

So obviously it's true that the decision is there and it's just a matter of time and what action to take, but it is alleged that this action has created a rift between the White House and the Treasury over crypto regulations. Of course we will also wait for the latest news.

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February 22, 2022, 12:24:32 PM
 #20

Since I'm not selling even at new ATH, I say, what the hell, let's go for it. A nice crash by end of the month, and stock market panic, a new crypto winter, it all works out for any of us who've ever said: "I wish I had X amount of BTC more".

Because while it isn't on the horizon yet, next halving's coming up. And the pricing in for that will begin end of this year, as usual, and then the next rally will ensue in a year or two.

(My alternative scenario if current one doesn't work out anyway)

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