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Author Topic: Has anybody expected this?  (Read 1560 times)
milewilda
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October 26, 2023, 08:16:52 PM
 #41

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen?
There's always a clue - you just have to really care about whatever it is. Bitcoin ETF rumored to be approved in the coming months is an important clue as to why such a price pumping occurred - but you don't need to wait 1 minute early to get the best buying moment. But buy when the market is sideways or correcting without any major news affecting the price.

Rumors about ETF are a useful fundamental for considering why you should invest - but don't wait for the announcement. Big investors never tell you that they are going to invest millions of dollars - but some of them may announce that they have already invested.
You should really be that wise and really be needing to be observant because if you do just simply make yourself that keep waiting for the right time to get in then you might be able to miss up those opportunities most of the time. Pretty sure that you wont really be able to spot out the sweetest spot and its true that if you do see those news and fundamentals around that this is the best time to buy then better be aware or wary with your action and you might really that caught in the peak on which it would really be causing you negative if ever the market would really be making out such correction. Dont know on why people would really be hesitating on buying
while the market is really just still down or on sideways momentum? They are really just that too afraid on doing such act but instead they would really be just that buying or making decisions on getting in when the
price had already pumped and not on doing that before.

Well, it cant really be that avoided yet there are really moments that this is where we do get fomo'ed on which you would really be making yourself that making decisions on the time that you are
seeing greens and assuming that it is already the signal of market reversal. People would really be usually be ending up negative considering that correction would
always comes next.

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October 26, 2023, 10:45:05 PM
Last edit: October 28, 2023, 03:29:08 AM by Sexylizzy2813
 #42

Expect? No I didn't but at the same time I was well aware of the massive potential of bitcoin to see a big jump as I talked about it recently here. This is not even as big as a jump as I expected though, we still have a long way to go to reach a more realistic bitcoin price.

Is as if you're expecting something much bigger than what we're seeing, $34k as the current price is something big compare to July to September, some people almost thought this year isn't going to bring a price that would surpass $30k and many people have given up on the reminder of this year, because from the way it started nobody expected to see Bitcoin price at $34k and with the way it stayed at $25k got many discouraged to even say anything positive about it.
If this month can give us this positive price then I think November would be much more better in showing us green. But my main concern is why has it not yet gotten to $35k? going up to $34k and back down to $33k? What are we not getting?
I still think whenever it starts getting up to $35-$36k I feel that would be the time we see Bitcoin climbing to $40k, let's say from a new week or Saturday.

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October 26, 2023, 10:58:59 PM
Last edit: October 26, 2023, 11:10:15 PM by mirakal
 #43

Expect? No I didn't but at the same time I was well aware of the massive potential of bitcoin to see a big jump as I talked about it recently here. This is not even as big as a jump as I expected though, we still have a long way to go to reach a more realistic bitcoin price.
The recent price surge is still a bit surprise but knowing bitcoin, it will always surprise us with its sudden skyrocket of price most especially if there are big reasons behind its price increase. And let's not forget that even with the fake etf approval of SEC, wherein bitcoin price briefly rallied to $30k, so how much more if the reasons are legit. However, whether we expect this or not, bitcoin remains to be seen profitable most especially in the last quarter of the year. And if this price increase consistently occur in the market, then most likely we will witness a bull run earlier than what we expected.

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October 26, 2023, 11:39:41 PM
 #44

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen?
Yes. Since I believe with technical analysis, I expected to go this way.

1. Choch is a confirmation of trend reversal. This time I believe that the market was bullish because it's a weekly time frame.
2. It didn't break the high but swept a liquidity, so I expected the price to go lower and possibly sweep the swing point below to send the price higher and create another high as EOF and expected to reach the fvg above which is around 35k to 37k .
3. But look what happened to the price, it created another high. So this time, I expect a pullback around 30k before the price create another high. As long as it didn't break the swing low 24k, the trend is still bullish.

Note: The market prices won't always go the way we want.

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October 26, 2023, 11:47:28 PM
 #45

I know it will happen but not this early so I am not expecting it.
I doubt one soul did or if ever they will say they did, they will lie through their teeth. The sudden pump is sparked by a piece of fake news and it continuously grew but I didn't expect that too. I thought it would just go back to $28-29k-ish and will stay there again after many investors find out that what came out is not true and they will pull all their investment back. But I guess they didn't and so we stayed on the path of going up and it became contagious that many may have thought that this was it, the time they had been waiting for.
It's a good thing but it's not yet the real pump that will happen when Bitcoin ETF is approved. There's more to this but we need to be patient. Now, a big problem comes, is it wise to buy considering the price pumped drastically without any big reason behind or should we wait for it to subside and wait to get cheap again? We don't know if that will happen.

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October 27, 2023, 04:55:46 AM
 #46

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.
Do you check further because I saw also at $35,000 in the last growth for bitcoin. This growth shows good enthusiasm for some people and if they are taking advantage of the strategy in the short term the selling pressure will greatly affect their current interest.

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?
This process has been expected by many people, but long-term price pressure may not have reached their selling desires. Most people are mentioning this because Bitcoin spot ETF approvals are starting to materialize in the near future and there was a kind of reverse response to the FUD news about spot ETF approvals a few weeks ago. So Bitcoin experienced a significant increase from its support price and people began to imagine that the fake news last week was just an issue that was deliberately raised.

Just wait and see how the price reacts next month because we will only have to wait a few days before the turn of the month and to what extent Bitcoin can survive or, on the contrary, will be pushed back below its support price. As we expect before the halving occurs and there may be pressure on the price to be corrected and pumped because the cycle will continue to run before the ATH appears.

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October 27, 2023, 05:22:39 AM
 #47

I knew October is usually a good month for Bitcoin but I never expected it will be this big. Well, this should be an indication that next bull market will be bigger than we thought because a lot of fundamentals are lined up to happen the same time.
That's because there are anticipations in regards to Bitcoin ETF and the halving is getting ever nearer, I don't think that those positive news wouldn't contribute to the increase of prices besides the expected rise this month of October. I hope that you're right about all of these events happening to be an indication of the next bullrun and that the next pump in price would even be bigger than the last time, even though I am hopeful regarding that, I feel sad that the current prices might be the last time that we will see bitcoin get to that and that I would be getting less amounts of bitcoin for the same amount of money but hey, that's the market growing for you.



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October 27, 2023, 08:49:34 AM
 #48

I knew October is usually a good month for Bitcoin but I never expected it will be this big. Well, this should be an indication that next bull market will be bigger than we thought because a lot of fundamentals are lined up to happen the same time.
That's because there are anticipations in regards to Bitcoin ETF and the halving is getting ever nearer, I don't think that those positive news wouldn't contribute to the increase of prices besides the expected rise this month of October. I hope that you're right about all of these events happening to be an indication of the next bullrun and that the next pump in price would even be bigger than the last time, even though I am hopeful regarding that, I feel sad that the current prices might be the last time that we will see bitcoin get to that and that I would be getting less amounts of bitcoin for the same amount of money but hey, that's the market growing for you.

There have been many predictions that this bull season will be the biggest bull season ever because we have many big events such as ETFs approvals, halvings and, if we are luckier, it will also be when the economy enters the recovery period. All of these are powerful catalysts and if that happens we will certainly have an unprecedented bull season. There have been many predictions that bitcoin could exceed $200k or $250k for the next bull season instead of $100k as we expected.

The price of bitcoin will be higher after each bull cycle and that is why when bear season comes we should take advantage of buying as much as possible instead of waiting for further drops to buy.

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October 28, 2023, 03:27:20 AM
 #49

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.

I don't think since the start of this surprising rise of Bitcoin price that it has gotten above $34k, that has been the stopping point of the price and with all of these happening I feel we're about to see something more surprising because this current price of Bitcoin is giving us the assurance that it will surpass $34k to $35k and even get to $40k before this month runs out.
Nobody can come out to say it was expected not even those bloggers who drop predictions, they're not going to say the positive movement of Bitcoin price was something they're expecting to happen, no way.

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October 28, 2023, 05:12:36 AM
 #50

That's the surprise we get from the current increase in Bitcoin prices. The price could jump high to $34k and that is already a good deal for us. Some people think the price will increase at this time but they can't know for sure how much it will cost.

People can only predict the rise and fall that Bitcoin can bring. But they can't get certainty from that prediction until it happens. I also didn't expect it to happen this quickly but I know that Bitcoin price increases can come suddenly.

But if a Bitcoin spot ETF does get approved, it might be an opportunity for Bitcoin to jump higher. And it's possible that the price could immediately increase to $40k-$45k. And until now, the price of Bitcoin is still trying to stay at $34k after previously declining to $33k. But if the price can still last until the end of the month and the beginning of the month, there may be another price increase. This is increasingly interesting to follow but if your target is long term, you can still buy Bitcoin while the price hasn't risen to $40k-$50k.

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October 28, 2023, 05:29:03 AM
 #51

There have been many predictions that this bull season will be the biggest bull season ever because we have many big events such as ETFs approvals, halvings and, if we are luckier, it will also be when the economy enters the recovery period. All of these are powerful catalysts and if that happens we will certainly have an unprecedented bull season. There have been many predictions that bitcoin could exceed $200k or $250k for the next bull season instead of $100k as we expected.

The price of bitcoin will be higher after each bull cycle and that is why when bear season comes we should take advantage of buying as much as possible instead of waiting for further drops to buy.
250K could be a little way too over the top, I think peaking at 200k would be the highest we would probably do and I am not even expecting that much. I think 100-150k range is good and healthy enough that it would probably what we are going to see anyway. I get that it may not be all that easy and great to do but it will definitely reach to a point where it can be done.

I hope that we could get to a point where we could reach to a point where it could result with some sort of situation where it may not be all that crazy. I am not saying it's impossible though, I mean this is bitcoin we are talking about and reaching 250k wouldn't be impossible within the next 2 years or so, it probably won't happen but it is not impossible. I am hoping that we could get to a point where reaching 250k would be small, and we would want even more, but that is just not realistic at this point and peaking above 100k is the first goal that I have in mind, that's the most important to me.

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October 28, 2023, 07:06:03 AM
 #52

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?

To be honest we all know that Bitcoin will be pumping very soon because of ETF and the halving event but no one expected one day move for Bitcoin moving from 30k to 34K.

I initially thought that after this pump the price will dump back towards the 30K level but this does not happen within the week days of this week. If the Bitcoin price does not dump in the weekend then from monday onwards we may see another surge in the Bitcoin price at then this will be a confirmed weekly Bitcoin move breaking it's resistance.

I would not call it a short squeeze specially when I look the fundamentals of Bitcoin where we have the halving and ETF in the pipeline. Exciting moments are ahead of us.
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October 28, 2023, 08:01:02 AM
 #53

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?
Actually i was waiting for this in the Middle of October because As far as i understand that in this month price are mostly increasing according to the record but not as fast as what we have had ,
in 24 hours increased more than that 12% , or 20% in the last 7 days , things that truly shocked me when i woke up that morning , seeing my Value in dollar holding increased  much.
but lets not be confident because we knew that we are nearing December , and yes before that month end dumping also starts and as halving coming , expect more of dumps in the coming months even right after that April .

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October 28, 2023, 08:11:41 AM
 #54

The scary part to me isn’t that nobody expected this, but that everybody expected this. People are actually expecting the price to go much higher in the near future. I think if we end 2024 without seeing a six figure Bitcoin price, a lot of people will be disappointed. Most are expecting prices quite a bit higher in the next few years.

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October 28, 2023, 08:19:49 AM
 #55

The scary part to me isn’t that nobody expected this, but that everybody expected this. People are actually expecting the price to go much higher in the near future. I think if we end 2024 without seeing a six figure Bitcoin price, a lot of people will be disappointed. Most are expecting prices quite a bit higher in the next few years.

We were also disappointed this cycle when everyone also expected the price to go well over $100,000. Maybe bitcoin is maturing and will eventually have returns more like a large cap company than a startup, which makes the returns safer as well. The ease of storing large amounts yourself and being able to transfer them without intermediaries are good reasons to buy bitcoin regardless of the price.

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October 28, 2023, 08:20:51 AM
 #56

There have been many predictions that this bull season will be the biggest bull season ever because we have many big events such as ETFs approvals, halvings and, if we are luckier, it will also be when the economy enters the recovery period. All of these are powerful catalysts and if that happens we will certainly have an unprecedented bull season. There have been many predictions that bitcoin could exceed $200k or $250k for the next bull season instead of $100k as we expected.

The price of bitcoin will be higher after each bull cycle and that is why when bear season comes we should take advantage of buying as much as possible instead of waiting for further drops to buy.
250K could be a little way too over the top, I think peaking at 200k would be the highest we would probably do and I am not even expecting that much. I think 100-150k range is good and healthy enough that it would probably what we are going to see anyway. I get that it may not be all that easy and great to do but it will definitely reach to a point where it can be done.

I hope that we could get to a point where we could reach to a point where it could result with some sort of situation where it may not be all that crazy. I am not saying it's impossible though, I mean this is bitcoin we are talking about and reaching 250k wouldn't be impossible within the next 2 years or so, it probably won't happen but it is not impossible. I am hoping that we could get to a point where reaching 250k would be small, and we would want even more, but that is just not realistic at this point and peaking above 100k is the first goal that I have in mind, that's the most important to me.

I also think it's unlikely and it's actually a pretty high prediction. But if the events I mentioned actually happen at the same time, I think we can expect that big ATH. Bitcoin always gives us surprises, when people don't think it can do it, it surprises us. Like what happened in the past few days, no one believed that bitcoin could reach 35 thousand USD but it happened in everyone's doubts. 100k$ is the goal of most investors, but who knows, it will surprise everyone again?

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October 28, 2023, 09:21:30 AM
Merited by fillippone (1)
 #57

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?
I think many people expected this to happen, and myself included.
The positive news about ETF that emerged made many people believe again or even believe more, resulting in a large enough purchase demand, causing a significant price spike to occur in just a few hours.
And even now the price of Bitcoin remains stable at 34k after the increase, which means that there has not been a deep / significant correction like the increase that occurred, so far the movement has been quite positive and at the end of this year, as many people predict, the price will increase or continues to improve.



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October 30, 2023, 11:50:13 PM
 #58

There have been many predictions that this bull season will be the biggest bull season ever because we have many big events such as ETFs approvals, halvings and, if we are luckier, it will also be when the economy enters the recovery period. All of these are powerful catalysts and if that happens we will certainly have an unprecedented bull season. There have been many predictions that bitcoin could exceed $200k or $250k for the next bull season instead of $100k as we expected.

The price of bitcoin will be higher after each bull cycle and that is why when bear season comes we should take advantage of buying as much as possible instead of waiting for further drops to buy.
250K could be a little way too over the top, I think peaking at 200k would be the highest we would probably do and I am not even expecting that much. I think 100-150k range is good and healthy enough that it would probably what we are going to see anyway. I get that it may not be all that easy and great to do but it will definitely reach to a point where it can be done.

I hope that we could get to a point where we could reach to a point where it could result with some sort of situation where it may not be all that crazy. I am not saying it's impossible though, I mean this is bitcoin we are talking about and reaching 250k wouldn't be impossible within the next 2 years or so, it probably won't happen but it is not impossible. I am hoping that we could get to a point where reaching 250k would be small, and we would want even more, but that is just not realistic at this point and peaking above 100k is the first goal that I have in mind, that's the most important to me.

I also think it's unlikely and it's actually a pretty high prediction. But if the events I mentioned actually happen at the same time, I think we can expect that big ATH. Bitcoin always gives us surprises, when people don't think it can do it, it surprises us. Like what happened in the past few days, no one believed that bitcoin could reach 35 thousand USD but it happened in everyone's doubts. 100k$ is the goal of most investors, but who knows, it will surprise everyone again?

I've been here on this market for a while now and had already witnessed 2 bull run events and now this upcoming would be 3. Basing up on real time experience then it is really indeed that Bitcoin never fails to surprise the entire market on which its price do reach out into those certain points on which we didnt really expect for it to happen. I did see that 19k ATH and its been a while that it wasnt been able to break until the bull run kicks in then it did have a breakout and then reaching up on 69k on peak on which these are ATH points which we didnt really expect. I do remember that on the time i had jumped in into this market which the price is still
that sitting around $200 as far as i remember and having those deep regrets on not to save up tons of coins wayback but well past is past and there's no way on looking back and we cant really be able to turn back the time.

R


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October 31, 2023, 12:30:16 AM
 #59

Expect? No I didn't but at the same time I was well aware of the massive potential of bitcoin to see a big jump as I talked about it recently here. This is not even as big as a jump as I expected though, we still have a long way to go to reach a more realistic bitcoin price.

Is as if you're expecting something much bigger than what we're seeing, $34k as the current price is something big compare to July to September, some people almost thought this year isn't going to bring a price that would surpass $30k and many people have given up on the reminder of this year, because from the way it started nobody expected to see Bitcoin price at $34k and with the way it stayed at $25k got many discouraged to even say anything positive about it.
If this month can give us this positive price then I think November would be much more better in showing us green. But my main concern is why has it not yet gotten to $35k? going up to $34k and back down to $33k? What are we not getting?
I still think whenever it starts getting up to $35-$36k I feel that would be the time we see Bitcoin climbing to $40k, let's say from a new week or Saturday.

Any one that thought we would not get to 30k this year was basically believing in a full BTC FAIL.

Simply look at the gear going on line and watch the mining investment it all pointed and still points to higher
money kept gaining into gear look at chart a diff of 35t has turned into a diff of 62t. huge money came in via mining.  Now investing money is catching up to it. I see 45k in December.


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October 31, 2023, 04:50:30 AM
 #60

Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.

Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?
I was expecting this earlier actually when the fake ETF thing from cointelegraph affect the market and I though it is
the beginning of bull run but I'm wrong , because the pumping stopped just before the day ends and then after couple of days this happens
that the price starts increasing again and yes maintaining its position now at 34 thousand dollars value.
Am not fond in pump and dump market but how I see it now? this is not just like that instead a positioning towards 2 lines,
either pump will continue till December or another dump coming this next month before the December small bull happens as it seems to be a tradition
for how many years that the last month is pumping good.

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