DeathAngel
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February 24, 2024, 12:55:05 PM |
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We’re all familiar with the well known, Wall Street Cheat Sheet. I would suggest the sentiment is somewhere between Optimism & Belief.
Definitely right as the market started to pumps again and the thrill is about to begin especially once the halving is done. Many are rushing into the market now, you can see good news all over the social media platform regarding big institutions investing with Bitcoin and even some government releasing their positive statements towards Bitcoin adoption so yeah, we are in the stage of Optimism and Belief and if the good news continues, we might see another peak. Yeah we are definitely in the early bull phase. I don’t see the peak excitement & interest from newbies to suggest anything but that. We should start to see a more sustained surge upwards towards the end of the current year. I do not expect real parabolic momentum until 2025 though. Sit back & enjoy the show guys.
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Troytech
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February 24, 2024, 02:38:35 PM |
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I think people are more hopeful for a new bitcoin price, and a lot of new investors are investing more boldly this period because of the ETf approval that helps more persons that doesn't want to go into the stress of learning about how bitcoin works to invest, and I believe that many watchers have finally made the decision to buy bitcoin, but let's see how it goes anyway.
And I think the emotions are the same this year cause I've seen some persons who are hopeful about the bull run affecting the price of some meme coins and some new project, although I Don't really like buying altcoins, many are very enthusiastic about this bull run and are looking for a coin to buy that would give thme those 100x profits.
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February 25, 2024, 04:38:12 AM |
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We’re all familiar with the well known, Wall Street Cheat Sheet. I would suggest the sentiment is somewhere between Optimism & Belief.
Definitely right as the market started to pumps again and the thrill is about to begin especially once the halving is done. Many are rushing into the market now, you can see good news all over the social media platform regarding big institutions investing with Bitcoin and even some government releasing their positive statements towards Bitcoin adoption so yeah, we are in the stage of Optimism and Belief and if the good news continues, we might see another peak. Yeah we are definitely in the early bull phase. I don’t see the peak excitement & interest from newbies to suggest anything but that. We should start to see a more sustained surge upwards towards the end of the current year. I do not expect real parabolic momentum until 2025 though. Sit back & enjoy the show guys. Shouldn't we call that the Accumulation phase as per the descriptions provided in OP? Based on the current market situation, the prices are somehow stable but are slowly rising and there is low investor participation at the moment. The early bull phase should look different because during that phase, there should be more investors buying and the prices should be going up more quickly than they are right now. We should call it the early bull phase when we see more investors getting in action, buying and storing major cryptocurrencies and getting ready for the continuous upward surges that we might see hitting the market in early 2025.
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Bushdark
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February 25, 2024, 10:03:00 AM |
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We’re all familiar with the well known, Wall Street Cheat Sheet. I would suggest the sentiment is somewhere between Optimism & Belief.
Definitely right as the market started to pumps again and the thrill is about to begin especially once the halving is done. Many are rushing into the market now, you can see good news all over the social media platform regarding big institutions investing with Bitcoin and even some government releasing their positive statements towards Bitcoin adoption so yeah, we are in the stage of Optimism and Belief and if the good news continues, we might see another peak. Yeah we are definitely in the early bull phase. I don’t see the peak excitement & interest from newbies to suggest anything but that. We should start to see a more sustained surge upwards towards the end of the current year. I do not expect real parabolic momentum until 2025 though. Sit back & enjoy the show guys. We are in the bull season and we all need to start working and looking for other good projects we can invest and make Money without stress. If we know how to invest in Bitcoin and look for good altcoins to put our money, we might be surprised to benefits from such a project without with time. Crypto market is still going close to the bull and all we have to do now is to keep buying because this time around, the price of Bitcoin is going to reach $100k and more.
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Vincom (OP)
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February 28, 2024, 12:42:20 AM |
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Yeah we are definitely in the early bull phase. I don’t see the peak excitement & interest from newbies to suggest anything but that. We should start to see a more sustained surge upwards towards the end of the current year. I do not expect real parabolic momentum until 2025 though. Sit back & enjoy the show guys.
I also have this view: BTC price is increasing, today it reached 57K USD but many new people are still worried and not ready to buy BTC at such a high price. Some decided to wait for the correction, or even hold stable coins to buy Altcoins after BTC Halving. I don't have data on the number of new users on CEXs, but crypto-related activity on social networks hasn't seen as impressive growth as what I've seen in 2021. I think the Halving will be seen as a milestone for many investors to enter the market, we will have the mini-Altseason, maybe the DeFi summer, then the growth of both BTC and Altcoins.
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“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” Satoshi Nakamoto
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Bureau
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February 28, 2024, 03:29:25 AM |
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As I had mentioned earlier on this thread we will again see a small bull run due to multiple reasons in Bitcoin. As expected the bull run has started and in next couple days we will be seeing profit booking. That being said , I have a feeling that in this year of halving the price of Bitcoin won't go down but it might come near to its previous ATH. I was suprised to see how a few meme coins are pumping from yesterday. I hope those who got stuck into those coin are now able to book profit or square even and exit them.
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wxa7115
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February 28, 2024, 04:13:48 AM |
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As I had mentioned earlier on this thread we will again see a small bull run due to multiple reasons in Bitcoin. As expected the bull run has started and in next couple days we will be seeing profit booking. That being said , I have a feeling that in this year of halving the price of Bitcoin won't go down but it might come near to its previous ATH. I was suprised to see how a few meme coins are pumping from yesterday. I hope those who got stuck into those coin are now able to book profit or square even and exit them.
It is precisely because of those people that those old meme coins will have problems regaining their former glory, as any small interest that it may come from new investors is accompanied by many of those people selling some of their coins, making impossible for a rally to form. However I have little doubts new meme coins will become extremely popular again, as once enough newbies get interested in this market and believe they can make a fortune with no effort on their part, they will pick meme coins as their preferred asset.
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mvdheuvel1983
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February 28, 2024, 06:01:23 PM |
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We’re all familiar with the well known, Wall Street Cheat Sheet. I would suggest the sentiment is somewhere between Optimism & Belief.
Definitely right as the market started to pumps again and the thrill is about to begin especially once the halving is done. Many are rushing into the market now, you can see good news all over the social media platform regarding big institutions investing with Bitcoin and even some government releasing their positive statements towards Bitcoin adoption so yeah, we are in the stage of Optimism and Belief and if the good news continues, we might see another peak. Yeah we are definitely in the early bull phase. I don’t see the peak excitement & interest from newbies to suggest anything but that. We should start to see a more sustained surge upwards towards the end of the current year. I do not expect real parabolic momentum until 2025 though. Sit back & enjoy the show guys. We are in the bull season and we all need to start working and looking for other good projects we can invest and make Money without stress. If we know how to invest in Bitcoin and look for good altcoins to put our money, we might be surprised to benefits from such a project without with time. Crypto market is still going close to the bull and all we have to do now is to keep buying because this time around, the price of Bitcoin is going to reach $100k and more. Yeah I think this is the best time to get a good altcoin to push some money into so as to make more funds during this bull run, the price of bitcoin hits $64 today hopefully we may experience it getting up to $100k just like you said so i think it's an opportunity to invest in an altcoin project since they are rising even as the price of bitcoin keeps going up. Considering the volatile nature of bitcoin it is also important we monitor a good project before investing in to because a little drop in the price of bitcoin may cause a total crash of some altcoin projects.
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AnonBitCoiner
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March 02, 2024, 06:26:32 PM |
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We are at the very end of the accumulation zone. There is still a chance that the market will flash crash to wipe out future traders but there won't be any long downward moments like we had a few months ago. If you are still holding on to your funds to take entry you should start doing that right now. The market can be extremely manipulative before the big move but one thing is certain for sure post halving and that is a massive rally towards an all time high.
absolutely yes we are at the end of accumulation zone because now the price is huge enough that everyone cannot buy it. Everyone will first examine the price and lower price is the most appropriate timing for buying but now as the price is 61k$ so I think still there is a little chance to accumulate bitcoin but once it goes more higher then your profit will not be as much as you are expecting. If once more dip we have face before halving then that will be the best time and opportunity to accumulate bitcoin more as you can. We will surely see dip in price but that will not be a matter to be worried about but actually that time correction will take place and we have to take advantage of that beneficial timing.
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jrrsparkles
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March 03, 2024, 04:26:18 AM |
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why does it always mean a downtrend when they say The Correction Stage? can't it mean that the market is correcting the real value of BTC which is $100K? but i think yes we are already in a bull market stage without halving yet. i think in the halving day, the price will also shoot way higher and i often heard to term supercycle back in 2021, i think we are in it already. a bull market without halving is a supercycle. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) How can you say that the actual value of Bitcoin is 100K, so don't you see the price of 1 BTC rising above 100k forever? The price of BTC will break 100K mark for sure before the peak and it will reach upto 150K possibly or atleast 120 to 130K range for sure before the bear kick in. We are in the FOMO stage, that everyone trying to find right coins for them which means the price will go higher before the downtrend begins.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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johnsaributua
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March 03, 2024, 08:13:05 AM |
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Safe and no loss in a downturn is certainly coveted in crypto investing but I believe that emotionally during bullish times will encourage impatience to wait for the previous profit hit, and vice versa during bearish conditions. But my statement was refuted on bitcoin and bitcoin was able to make a good image after the worst dump a few years ago. I feel some fud maybe X4 below the current price, it's too early until panic occurs including on altcoins. we see still this year, I agree on the holder its winner, they will harvest during the dca the year before and towards halving, maybe halving time people will harvest but some people keep bitcoin like forgetting it in their wallet, it's amazing psycology.
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strunberg
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March 03, 2024, 11:02:41 AM |
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For that, we can say that, bitcoin as a coin is in a bull position and heading to the next all-time market price that will be a reasonable milestone and we may see that before the next Bitcoin halving cycle.
I agree with you. Currently the price of Bitcoin is breaking its ATH and that will give people FOMO and will cause the market to panic, causing a massive surge in purchases. Currently Bitcoin and Altcoins are in a Bullish stage. Some coins will hit their ATH. I see this season's bullrun being dominated by new coins. It is important to be able to accumulate altcoins and sell them at the right moment. I never hold my altcoins for long. I will sell it and buy BTC for my fiat exit method.
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wxa7115
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March 05, 2024, 03:51:39 AM |
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For that, we can say that, bitcoin as a coin is in a bull position and heading to the next all-time market price that will be a reasonable milestone and we may see that before the next Bitcoin halving cycle.
I agree with you. Currently the price of Bitcoin is breaking its ATH and that will give people FOMO and will cause the market to panic, causing a massive surge in purchases. Currently Bitcoin and Altcoins are in a Bullish stage. Some coins will hit their ATH. I see this season's bullrun being dominated by new coins. It is important to be able to accumulate altcoins and sell them at the right moment. I never hold my altcoins for long. I will sell it and buy BTC for my fiat exit method. At this point I am getting a little bit worried about what I am seeing on the charts, the upward movement obviously benefits me, but it is so abrupt and sudden that it seems unsustainable and at some point a fast decrease on the price may come. Now this is not much of a problem if you had invested your money in bitcoin, but if you invested in some of those new altcoins, your losses can be huge as many of the coins which are pumping today may not be around a few months down the line.
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Vincom (OP)
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March 10, 2024, 12:28:29 AM |
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At this point I am getting a little bit worried about what I am seeing on the charts, the upward movement obviously benefits me, but it is so abrupt and sudden that it seems unsustainable and at some point a fast decrease on the price may come.
Now this is not much of a problem if you had invested your money in bitcoin, but if you invested in some of those new altcoins, your losses can be huge as many of the coins which are pumping today may not be around a few months down the line.
This is why I believe we are still in the Disbelief stage, instead of Hope or Optimism. BTC just created a new ATH before the halving, surprising the whole market, but I don't see FOMO happening in the market, it seems that most are waiting for a correction so they can buy more BTC at lower prices. I think Hope will really only come after Halving, when the narrative about the scarcity caused by Halving will push investors to place high expectations on the market's impressive growth. Right now, I expect an accumulation behavior for BTC, at the same time Altcoins will receive inflow and catch up with BTC in price performance.
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“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” Satoshi Nakamoto
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