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Author Topic: Alt coins are About to pump again!  (Read 1354 times)
gunhell16
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July 01, 2022, 08:00:42 AM
 #61

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
 Roll Eyes


Maybe you say that if you’re one of the whale holders of the coins you’re talking about, so for now it just comes out to be your speculative. Yes it is true that almost all altcoins in the market have collapsed, but still no one or anyone here can tell when the bearish market will start again. Right now it's a bit hard to believe what you're saying especially since we know that the market is very volatile.


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July 01, 2022, 08:22:31 AM
 #62

I'm agree with Mk4 because in the current situation of downtrend there's always a bounce and the growth rate of the coin is making lower highs.. So OP don't based on what you see in the market and make technical analysis instead for you to see the real situation. And fyi it's normal, unless if the market trends reversed and clearly an uptrend because surely there will be an improvement in the future..
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July 01, 2022, 10:18:20 AM
 #63

I'm agree with Mk4 because in the current situation of downtrend there's always a bounce and the growth rate of the coin is making lower highs.. So OP don't based on what you see in the market and make technical analysis instead for you to see the real situation. And fyi it's normal, unless if the market trends reversed and clearly an uptrend because surely there will be an improvement in the future..
That I think OP is new to the market or has been here during the bull season makes him become worried about the current situation.
Yes, we can see the altcoins do the rally again once Bitcoin moves up but this will possibly happen when there is a change in the buying sentiment which is supposed to have more on the buying side than selling. Although we can see that people are buying now but it wasn't enough to move the market into recovery, it still needs more and the participation of whales and these merchants makes it possible.

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July 01, 2022, 12:33:51 PM
 #64

The price drop could happen, that is in the nature of bitcoin. We have seen it drop many times before, it was in 2011 or 2012 something first I remember, then in 2014-2015 period, then in 2018, now it is in 2022. We have seen it drop many times before. But all the times it has dropped, it recovered and that is the real thing that matters to me. As long as it could recover, there is nothing that I would worry about this at all.

I know that bitcoin will not only break 68k ATH price, but it will recover and go towards 100k and more as well. This is going to be pretty decent situation to be in and I am guessing that it will probably be like that for everyone as well, probably everyone believes the same thing.
You are right and the price will reach there for sure. There isn't even a single doubt in my mind that price would reach 100k and more, it is just about when and not if in my mind. However, there are too many people out there who either doubt that it could reach those levels, or there are some who think that it would happen too long further in the distance and not anywhere now.

It means that they are fine with staying out for as long as possible, and get in when they really want to and see the price going up. This causes the prices to not go up right now and have a low volume, if we could convince those people then we would have a bull run, and eventually we will.

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July 01, 2022, 03:22:51 PM
 #65

Don't expect any rally in this current market because this is the season of the total bear market and is also the time that some altcoin will vapourize off the market. My advice to you is to never accumulate many altcoins when you can secure your investment through BTC.

Even in a bear market, we will regularly observe a pump, the size of which may exceed our expectations. So over the past few days, we have observed a pump of YFII, the size of which exceeded 400 percent. Such price changes are of a short-term nature and experienced traders, knowing this, use them to open short positions.

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July 01, 2022, 04:39:29 PM
 #66

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
 Roll Eyes


I don't think that the bottom for altcoins is quite yet achieved. BTC is still not completely out of the bottom.
One negative news and we will another dump in bitcoin price and followed by that the altcoins will dump too.
We still have to wait for a certain time to consider this as the bottom.

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ScamViruS
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July 01, 2022, 04:57:45 PM
 #67

The market has gone down as the price of bitcoin has gone down but with the price of bitcoin rising again it is expected that altcoin is going to pump again. Many other altcoins have been modified of the liquidation of bitcoin over the past few weeks popular altcoins such as ADA and DOT have also undergone major revisions.

Right. The entire market is dependent on Bitcoin. Other altcoins have dumped a lot due to Bitcoin being dumped in recent times which is very painful for investors. The Altcoin market has not changed much as Bitcoin is still being dumped. Now the most important thing is to see if this is the bottom of Bitcoin. Lots of low marketcap coins may be pumping in this market situation but these can bring very dangerous results. So you should pay more attention to the top coins, to stay safe.

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July 01, 2022, 05:40:18 PM
 #68

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
 Roll Eyes

It wasn't even a relief rally before prices have started to come down again. I think this time market will behave differently it will stay like this for some time so that the weak hands are fed up of the market and have no option than to leave the market. Only when a lot of people will leave the market you will start seeing some good pumps and until then big guns will accumulate all what these people have sold.
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July 02, 2022, 06:11:31 PM
 #69

Just like in the old days, Altcoins will tend to follow as Bitcoin will do the pump. This was the sentiment that we are looking for now and quiet to say that we are near to it (pump). This is the reason why we don't be negative about the downtrend as to know that the market isn't always on the high level, it will also dump to give an opportunity. Now, as the market loos good and moves high, it will prove that the market is alive, not dead as many says.

I don't see myself that I was relieved, it was just how the market moves, and expected moments.
This is going to be pretty easy to calculate what's going to happen; we are going to first see a bitcoin increase, then the price of bitcoin against fiat will be going up so of course altcoins that are having no changes vs bitcoin, will go up in fiat automatically because of that as well. This will result with the whole market going up a lot.

After that stops, which means bitcoin reaches the peak of that period, then alts will go up against bitcoin, hence why they will go up in fiat as well. This has been the type of bull run we have for the past 3 times, and I am guessing that it will once again be the same thing. Not expecting it anytime soon but it will probably happen.
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July 02, 2022, 08:20:03 PM
 #70

Again, analysts warned about this in advance. The result is now visible, so I would not be surprised.
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July 03, 2022, 03:23:09 PM
 #71

The lowest point of ETH/BTC this year was like what? 3 days ago? And now that it bounced you're already coming to conclusions that it's already the bottom? While not impossible, you're being a bit hasty there mate.

As the price of Bitcoin goes up, the price of Olt Coins will continue to rise rapidly. Due to the similar rise in the price of Bitcoin, the effect of the increase in the price of Old Coin is not going to be noticed.

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July 03, 2022, 04:01:35 PM
 #72

Cryptocurrency has always went up to a new ATH  every dip so maybe  we see next pump, Altcoin price will be more grow in next pump.But Altcoin price depends on bitcoin price. I Think When bitcoin price will recover and price increase again then i think Altcoin price will more increase automatically. Cz both coin price have between good relationship each other.
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July 03, 2022, 07:30:34 PM
 #73

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
 Roll Eyes

It wasn't even a relief rally before prices have started to come down again. I think this time market will behave differently it will stay like this for some time so that the weak hands are fed up of the market and have no option than to leave the market. Only when a lot of people will leave the market you will start seeing some good pumps and until then big guns will accumulate all what these people have sold.
What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.

The bear market will last for a very long time, this will have the effect of getting rid of the last of the weak hands and only once that happens and most people reach the capitulation stage then we could begin to see the price going up again.

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palle11
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July 03, 2022, 08:11:55 PM
Last edit: July 03, 2022, 08:42:52 PM by palle11
 #74


What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.


I think is the same trend of things happening from the past till now. When the price hit above $60k and above then it appear as if it will always stay higher that way but after some while it started to drop down to below $20k and yet no one is sure where is the bear going. The price chart for this month still looking bear with that the price can keep dropping till the next candle formation for the month is known.
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July 03, 2022, 11:01:32 PM
 #75


What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.


I think is the same trend of things happening from the past till now. When the price hit above $60k and above then it appear as if it will always stay higher that way but after some while it started to drop down to below $20k and yet no one is sure where is the bear going. The price chart for this month still looking bear with that the price can keep dropping till the next candle formation for the month is known.
Well, we are just about to repeat what happens in the past. Although we can't see their price are similar or even close to previous bear season, the sentiment is quite the same.
I am buying a few altcoins and many others because it is too believed that they will recover as to the moment that Bitcoin will rally again. I can't really imagine missing ETH before at @$200, $300 -- it become a mirror today that we can't simply predict the bottom but taking advantage of it will make us profitable when the bullish come.

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July 03, 2022, 11:55:44 PM
Last edit: July 05, 2022, 12:14:48 AM by jeha2015
 #76

Cryptocurrency has always went up to a new ATH  every dip so maybe  we see next pump, Altcoin price will be more grow in next pump.But Altcoin price depends on bitcoin price. I Think When bitcoin price will recover and price increase again then i think Altcoin price will more increase automatically. Cz both coin price have between good relationship each other.
i am believe next cycle will bigger than previous, alot investors interested with current dip. And maybe investors outside crypto market will also buy some crypto currency while looking bitcoin , eth or other major coins price. Bitcoin showing good reaction on 17k support and we hope the bottom is in now.

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July 03, 2022, 11:59:22 PM
 #77


What we are seeing now is very similar to what we saw the last time we had to face a crypto winter, those thinking that a fast recovery will come soon seems to me as a extremely positive as there is not much of a reason to think something like that will happen.


I think is the same trend of things happening from the past till now. When the price hit above $60k and above then it appear as if it will always stay higher that way but after some while it started to drop down to below $20k and yet no one is sure where is the bear going. The price chart for this month still looking bear with that the price can keep dropping till the next candle formation for the month is known.
Altcoins are following the path of bitcoin. So, the market changes will be depending on the bitcoin market. During the past bear market there were few altcoins like BNB that perform to be on the bullish trend at times, but this time there is no altcoin to have an independent market progress. Hope this will change along with the bitcoin's trend change.

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July 04, 2022, 01:20:09 PM
 #78

Bitcoin is called the leader of the crypto market. The price of this bitcoin depends on the price of other alt coins. As the price of Bitcoin goes up, So does the price of other alt coins. Today, with the rise in the price of bitcoin, the price of alt coins has risen significantly.  However, the increase in the price of Bitcoin is temporary.

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July 04, 2022, 09:05:29 PM
 #79

Bitcoin is called the leader of the crypto market. The price of this bitcoin depends on the price of other alt coins. As the price of Bitcoin goes up, So does the price of other alt coins. Today, with the rise in the price of bitcoin, the price of alt coins has risen significantly.  However, the increase in the price of Bitcoin is temporary.
I would say it is the reverse, price of bitcoin is not depending on the price of altcoins, it is the altcoins that end up getting pumped based on the bitcoin price and that is why it could be something much more reasonable. This is something that shows the power of bitcoin, it is certainly something quite important to realize that the best thing that could be done right now is investing into bitcoin.

Of course, it is not going to be getting you like 100x return or something, but it will certainly get you something that would be a bit more dangerous if you invested into altcoins and then realize that you did something wrong by picking one that goes down a lot.

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July 04, 2022, 11:53:14 PM
 #80

Bitcoin is called the leader of the crypto market. The price of this bitcoin depends on the price of other alt coins. As the price of Bitcoin goes up, So does the price of other alt coins.
Bitcoin isn't depending on altcoins but you're right that the price of altcoins are depending on bitcoin.

Today, with the rise in the price of bitcoin, the price of alt coins has risen significantly.  However, the increase in the price of Bitcoin is temporary.
Also, the drop is temporary, that's why we get to see the increase this time. And it's the cycle that we have to embrace in this market because that's how it goes. Sometimes it's up, sometimes it's too down.

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