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Author Topic: What is your take on the pump coming?  (Read 1325 times)
GeorgeJohn
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April 16, 2023, 05:53:05 AM
 #41

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

Every cryptocurrency person is expected for Bitcoin to bump more than the place it's right now, since the existence of Bitcoin we all know the technology that it's something that is not dependable by anyone, so it's not surprising that Bitcoin has kicked off to the next level, people that will actually be profitable or benefits this change of ground of Bitcoin in price or condition is people who have the courage to ensure that have been invest during the time Bitcoin falls to fifteen thousand (15k) and still kept it till dates, and another thing is that the more Bitcoin is getting more values in the market the more investors are coming in, i believe that with this kind of improvement in Bitcoin regulations or movement in 2023 i believe that it will reach to 50k this year and 2024 will now take over from where 2023 stopped, so I'm having the mindset that in 2024 they will be a bullish market flowing.


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April 16, 2023, 08:50:38 AM
 #42

The current Bitcoin price uptrend is not a pump, it is a normal market movement and is possibly affected by the current bank system failures and issues.  If there is 100% to 200% increase in Bitcoin price, then that is what I considered a pump.
Really. I won't argue if you say the current condition is not a pump but a normal movement driven by several factors.
But the current conditions illustrate that the bears expect the current price to go back down even though support for the bulls continues to strengthen.
Anyway, let's enjoy the ride and we'll see who has a stronger hand in this tug of war between the bears and the bulls.

Historically, Bitcoin price data for April has shown very good growth. In fact, some analysis starting from April 1, the BTC price starts at $ 28.5K and enters April 3. Well, on April 4th Bitcoin started at a price of $27.8K. Since then, Bitcoin has grown 3.5% and has been on fire to reach the $30K mark.

Actually I noticed at the end of March, the long-legged doji candle pattern is very likely to be able to penetrate the price of $30K and as a result the second week of April Bitcoin is able to pass $30K and reach $31K even if only briefly.

And yes, as you said, many people are looking for loopholes for the long term rather than the short term.
There is also an analysis of the market having a +$4k price target from $28k so there are lots expecting that the Bitcoin market price will hit $32k in the coming week.  I would love to see Bitcoin hitting targets and if it continues $40k is just some weeks ahead.
The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.

 
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April 16, 2023, 09:28:45 AM
 #43

Historically, Bitcoin price data for April has shown very good growth. In fact, some analysis starting from April 1, the BTC price starts at $ 28.5K and enters April 3. Well, on April 4th Bitcoin started at a price of $27.8K. Since then, Bitcoin has grown 3.5% and has been on fire to reach the $30K mark.

Actually I noticed at the end of March, the long-legged doji candle pattern is very likely to be able to penetrate the price of $30K and as a result the second week of April Bitcoin is able to pass $30K and reach $31K even if only briefly.

And yes, as you said, many people are looking for loopholes for the long term rather than the short term.
There is also an analysis of the market having a +$4k price target from $28k so there are lots expecting that the Bitcoin market price will hit $32k in the coming week.  I would love to see Bitcoin hitting targets and if it continues $40k is just some weeks ahead.
The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.

I see people getting very excited and thinking about a market that keeps going up. I'm not saying the market won't go up anymore, but don't people think there will be a scenario where bitcoin will correct instead of continuing to rise? Because there is no market that just goes up without falling. Instead of expecting bitcoin to move higher, I will start carefully and prepare a plan for the market's bearish scenario. We're not out of bear season yet, so we shouldn't get so excited that we forget to take precautions.

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April 16, 2023, 11:48:52 AM
 #44

You should keep buying again at the current price because we don't know when the price will pump up. Right now, the price is still in a corrected position but we can hope that tomorrow the price will start to change direction and increase again.

The pump for the bitcoin price will come again and whether it will immediately make the price jump to a high or keep rising slowly. We are already seeing bitcoin price getting back to $30k and it is only a matter of time to see it getting back to $60k.

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April 16, 2023, 12:28:15 PM
 #45

there is potential for a pump, but for now, I'd rather expect price recovery to approach ATH first. that's because, when the pump occurs, the bitcoin price may get very close to the ATH price or even cross it. many people are speculating that the halving is what will drive the next pump. This is speculated based on the history of pumps that occurred in previous years. I think people are also starting to prepare their assets to wait for the upcoming pump.
Usually the bitcoin price was also pumped up before the halving. But it was not a complete bull run. In 2019, for example, the price reached half of the 2017 ATH. Accordingly, history could repeat itself in 2023. If that happens, 35K would probably be the peak this season. That is, if this theory is correct, there is not much left to grow.
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April 16, 2023, 01:46:30 PM
 #46

I see people getting very excited and thinking about a market that keeps going up.
Supposedly so that it is true for some time in the next time related to what they think so that motivation is increasing to continue with Bitcoin.

I'm not saying the market won't go up anymore, but don't people think there will be a scenario where bitcoin will correct instead of continuing to rise? Because there is no market that just goes up without falling. Instead of expecting bitcoin to move higher,
For people who are very experienced in the market world or people who are used to up and down graphics, the second plan has been thought of when the situation is reversed from now.

I will start carefully and prepare a plan for the market's bearish scenario. We're not out of bear season yet, so we shouldn't get so excited that we forget to take precautions.
And in my opinion think this needs to be considered even though we hope that the positive trend can continue.

 
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April 16, 2023, 03:23:11 PM
 #47

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
Not too concerned about the BTC pump. Because I believe in BTC long term. But since Bitcoin is now the only thing in the world that is always discussed, criticized and predicted. As for Bitcoin I would say that Bitcoin is going to be more bullish in the coming days. Those who were already waiting to buy Bitcoin might have missed this opportunity. Because already Bitcoin has surpassed 30000 dollars and if it continues like this it will reach $40000 in next few days. To those who are holding bitcoin just think for long term.

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April 16, 2023, 10:05:26 PM
 #48

I would predict a crazy over 120k$/BTC in the next couple of years IF everything will go smoothly not only on the markets but in the world in general. For now , I'm sure a lot of people will prefer to see BTC to get back that 60k position and a lot will get out so the market will be split once again if we get to that price.

There is also a possibility that pump won't start this year and a retrace might be possible but , for now , markets seems ready to push Bitcoin price over towards 35k and if that happens next stop should be 40k as resistance is not impossible to break. This summer will be crazy to watch how Bitcoin price will react. Shocked

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April 17, 2023, 01:47:03 AM
 #49

Pump Market of course we are very much awaited, even though I only have bitcoin with a current value of around $ 1200 but when the pump market will make me able to sell and of course to replace a new gadget, if the market is not pump then it will dump and of course it will be more difficult and it takes a long time and it takes a long time and it takes a long time to get up again.
you should try diversifying that amount mate , imagine `1200 solely for bitcoin when there are chances that other good altcoin will move faster than bitcoin?
and you must also ready for halving as there might some of those alts to be heading faster (of course pumped by whales) so try to at least accumulate some altcoins before it happens.
You should keep buying again at the current price because we don't know when the price will pump up. Right now, the price is still in a corrected position but we can hope that tomorrow the price will start to change direction and increase again.

The pump for the bitcoin price will come again and whether it will immediately make the price jump to a high or keep rising slowly. We are already seeing bitcoin price getting back to $30k and it is only a matter of time to see it getting back to $60k.
as long as he has funds to buy more then that is the best way to act, but the problem is how much he can risk more?

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April 17, 2023, 12:50:24 PM
 #50

You should keep buying again at the current price because we don't know when the price will pump up. Right now, the price is still in a corrected position but we can hope that tomorrow the price will start to change direction and increase again.

The pump for the bitcoin price will come again and whether it will immediately make the price jump to a high or keep rising slowly. We are already seeing bitcoin price getting back to $30k and it is only a matter of time to see it getting back to $60k.

Yes the main thing, that everyone is forgetting is to accumulate. If you don’t accumulate these valueable coins, then definitely a time will come when everyone will have plenty of Bitcoins to sell and you dont. This is the start of the bear market, so definitely the price will go more high. So if you are able to buy the coins at current price, then it’s not a bad deal. Just we have to stop being greedy, and use the time efficiently. At last keep the coins safe and hold it as long as you can. Currently this is the best strategy that anyone can follow.

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April 17, 2023, 01:09:20 PM
 #51

Usually the bitcoin price was also pumped up before the halving. But it was not a complete bull run. In 2019, for example, the price reached half of the 2017 ATH. Accordingly, history could repeat itself in 2023. If that happens, 35K would probably be the peak this season. That is, if this theory is correct, there is not much left to grow.
The theory can still be repeated in Bitcoin this year if the level of correction is not too severe for Bitcoin this year, but now I am again seeing a price correction in Bitcoin so that now Bitcoin is starting to go back under $ 30K again, although there is another possibility of a return again at $30K also still there. And if the pump does happen again this year from $30K to $35K, it won't be too big a pump for Bitcoin even though it's a bit harder to happen right now.
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April 17, 2023, 02:44:02 PM
 #52

Really. I won't argue if you say the current condition is not a pump but a normal movement driven by several factors.
But the current conditions illustrate that the bears expect the current price to go back down even though support for the bulls continues to strengthen.
Anyway, let's enjoy the ride and we'll see who has a stronger hand in this tug of war between the bears and the bulls.
Since 2023 we have enjoyed a period of recovery in the bitcoin price that still does not stop until mid-April.
I believe this is a period that we should enjoy after a year we have been down. Bitcoin fell to the $15k area, then recovered gradually to break through $31k in April 2023.

I personally still expect recovery in the next 1-2 months, this means the price may increase until June.
Volatility is inevitable even bitcoin has fallen by almost $2k in the last one day. But on TF 1month, we still get green candle to allow this optimism to remain. So there's no debate, it's just pure speculation.


The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.
I believe $40k will be hit if the scenario I mentioned above is real.
Of course I expect price increase is still very likely in the next 1 to 2 months, and hopefully that will be true.

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April 17, 2023, 04:04:33 PM
 #53

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

I was expecting that Bitcoin will surpass $31,500 today with the opening of European & US markets, but unfortunately it didn't occur and Bitcoin is now trading below $30,000, however still above 20 days moving average (20DMA) which is a positive sign. The current price level of Bitcoin is very crucial in determining the next direction of market, It is important that Bitcoin breaks the psychological barrier of 31,000 for the continuation of upward trend.

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April 17, 2023, 04:08:41 PM
 #54

Really. I won't argue if you say the current condition is not a pump but a normal movement driven by several factors.
But the current conditions illustrate that the bears expect the current price to go back down even though support for the bulls continues to strengthen.
Anyway, let's enjoy the ride and we'll see who has a stronger hand in this tug of war between the bears and the bulls.
I personally still expect recovery in the next 1-2 months, this means the price may increase until June.
Volatility is inevitable even bitcoin has fallen by almost $2k in the last one day. But on TF 1month, we still get green candle to allow this optimism to remain. So there's no debate, it's just pure speculation.

I'm also expecting price to continue it's recovery until June/July time, that would complete a solid 6-month recovery from the lows (time-wise) that Bitcoin often is able to achieve when trends reverse. My only real concern is the split sentiment in the market; that of overly bearish still waiting for $10K/12K, or otherwise overly bullish expecting $40K to $50K. So while the recovery may continue, it could be a more sideways than up.

The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.
I believe $40k will be hit if the scenario I mentioned above is real.
Of course I expect price increase is still very likely in the next 1 to 2 months, and hopefully that will be true.

I think $40K is fairly average/reasonable price for Bitcoin based on different averages, so the question is more when this will be reached as opposed to if it will be imo. I do think that if we see this price in the coming months then there's is more chance of a continued rally up to $50K, even $60K, but otherwise if price stagnates below $30K then it could take until next year to return to the $40K level.
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April 17, 2023, 05:21:00 PM
 #55

Hopefully, the price can return to the $30k price soon because it's still holding on at $29k. Either tomorrow or the day after tomorrow, the price can only start to increase and maybe the price can immediately penetrate the price of $ 31k or even more.

If you want to invest in bitcoin, you can buy it now, assuming the price is still at its current price of $29k, which is the lowest price you can get. It's best not to wait too long and hope the price can drop lower because it might not happen again. Use the remaining time to buy more bitcoins and hold on until they reach their next high.

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April 17, 2023, 05:40:11 PM
 #56

Since 2023 we have enjoyed a period of recovery in the bitcoin price that still does not stop until mid-April.
I believe this is a period that we should enjoy after a year we have been down. Bitcoin fell to the $15k area, then recovered gradually to break through $31k in April 2023.
If you look at the chart movements at the beginning of the year until now it shows recovery because it has indicated a good green chart, it means that this year is the highest peak even though it is still far from ATH because it is not the time before the halving occurs, as long as the period is still ongoing we can still enjoy the bull movement is slow but can last for several months, while the bear market is still not strong enough to fight the direction from the bottom which is still showing good movement but I think the current pump will still continue in my assumption.

Hopefully, the price can return to the $30k price soon because it's still holding on at $29k. Either tomorrow or the day after tomorrow, the price can only start to increase and maybe the price can immediately penetrate the price of $ 31k or even more.
Not sure, but I think the price will still hold and it's just a bit of a correction where bitcoin is back under $30k but once it strengthens there must be some factors that could occur, and we will see bitcoin still has a long way to go.

If you want to invest in bitcoin, you can buy it now, assuming the price is still at its current price of $29k, which is the lowest price you can get. It's best not to wait too long and hope the price can drop lower because it might not happen again. Use the remaining time to buy more bitcoins and hold on until they reach their next high.
DCA is the best way if one of you wants a lump sum no problem but it requires a large amount of capital, but with DCA as time goes on bitcoin goes up and down then buying at an average dollar price is quite certain is DCA.

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April 17, 2023, 11:45:04 PM
 #57

Hopefully, the price can return to the $30k price soon because it's still holding on at $29k. Either tomorrow or the day after tomorrow, the price can only start to increase and maybe the price can immediately penetrate the price of $ 31k or even more.

If you want to invest in bitcoin, you can buy it now, assuming the price is still at its current price of $29k, which is the lowest price you can get. It's best not to wait too long and hope the price can drop lower because it might not happen again. Use the remaining time to buy more bitcoins and hold on until they reach their next high.
Some do always pushing up that 10-12k price point which we know that it cant be possible as of todays situations where we could see that there's even a strong support on 24k if ever we do really goes down below this price.Somewhat we cant even able to see some news or fundamentals around then we might be seeing those numbers and about pumping or dumping which is something that cant really be known and there's no way
on knowing on what are the future movements and price predictions.This is where traders do really make out their own decisions whether they would be buying or selling whenever they do see
some pumps. You should really be versatile as much as you could and be wary on what are the price movement.

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April 18, 2023, 05:45:56 AM
 #58

You should keep buying again at the current price because we don't know when the price will pump up. Right now, the price is still in a corrected position but we can hope that tomorrow the price will start to change direction and increase again.

The pump for the bitcoin price will come again and whether it will immediately make the price jump to a high or keep rising slowly. We are already seeing bitcoin price getting back to $30k and it is only a matter of time to see it getting back to $60k.
It will be a mistake if one buys everything they have at a stable price without getting any confirmed signals from the market if which direction it will go next. We are not certain that the price will go to $60k from here, what if it goes back to $20k or maybe $15k? Those who will buy with all their money right now thinking they might miss out might regret it later.

The best solution is to DCA the price right from when there is a significant drop from the current position which will indicate that the price will further drop and even if it doesn't drop, your DCA method will help you get profit even from the little drop.
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April 18, 2023, 12:02:40 PM
 #59

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
This is not an illusion my friend bitcoin is pumping and maybe it will break the record of 60k$ price this year, the best action for now is to buy more and hold till it pumps very strong, i believe that we can see another ATH this year, but we still need to be careful and invest by stages with the different price because there is still possibility that is a bull trap.

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April 18, 2023, 01:22:15 PM
 #60

there is potential for a pump, but for now, I'd rather expect price recovery to approach ATH first. that's because, when the pump occurs, the bitcoin price may get very close to the ATH price or even cross it. many people are speculating that the halving is what will drive the next pump. This is speculated based on the history of pumps that occurred in previous years. I think people are also starting to prepare their assets to wait for the upcoming pump.
Usually the bitcoin price was also pumped up before the halving. But it was not a complete bull run. In 2019, for example, the price reached half of the 2017 ATH. Accordingly, history could repeat itself in 2023. If that happens, 35K would probably be the peak this season. That is, if this theory is correct, there is not much left to grow.

I predict bitcoin can hit $40k or more this year. But I will agree with you that there will not be a complete pump or a new ATH this year, what we are seeing is just a small uptrend, not a real bull season coming. We are still quite far from the halving so we cannot expect a big pump to occur.
Many people were too hasty and caught off guard when they saw bitcoin skyrocketing. They also forget that the bearish cycle lasts 4 years, and we're only halfway there.

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