Road to 100k?

[Franctoshi]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Bitcoin needs this huge consolidation to help us see the price reach the 100k level we all have been waiting for, secondly I think we won't really get that expensive move until after the US presidential election, because the outcome of that election would have a very big impact in the price of Bitcoin let's, assume that Trump wins the election investors will have more confidence investing in Bitcoin as Donald Trump already made some statements that will favour the crypto industry in case he won the election, so a lot of investors are on the side line waiting for the outcome of this very election.

[lepbagong]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

Many people believe the same as you that Bitcoin will be able to reach a price of $100K, and it is not even impossible that it will exceed it if that price is reached by the end of this year, so that at the start of next year a renewable ATH will be created.
I think those who don't believe in the potential of what Bitcoin will do are those who don't know the history of how Bitcoin came to be and it can grow to where it is today, because they don't know the developments that have occurred with Bitcoin itself.
Currently, everyone who knows is ready to be able to achieve the best by always investing in Bitcoin.

[ultrloa]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon,

I have come to realize that this analysis is wrong. Convince me otherwise. However, I used to be part of those preaching that it will be 100k anytime soon. But I was looking at the price and the movement it has been making. Bitcoin will not reach 100k soon but reaching 100k before or by the end of the year is somehow possible. I think the more we truly believe, the less we tend to think when the price will reach 100k either sooner or later. The more time we spend in Bitcoin the more we get to understand that time doesn't really matter but duration of investment and anticipation is better than watching the time all day.

There's no really accurate prediction nor sayings that it will come soon but we can only get a possibilities that bitcoin would able to reach at $100k. That's why before it happens we need to do our share since if we are continue to believe then do nothing maybe we can't see any changes by the time bitcoin reach that numbers. Bitcoin will not reach at $100k anytime soon since for sure that after it experience to reach its new ATH then there would be a huge possibilities that we could ever experience those pumps and dumps or what people says as correction.

But what's important thing their that our belief that that price would be reachable and I'm sure those people that who have a lot of patient will be rewarded. Those people who's gonna afraid of the dumps to come will provably regret their decision especially if they decide to dump because they got afraid on the current situation happening just like what bitcoin experiencing now.

[Barikui1]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

Many people believe the same as you that Bitcoin will be able to reach a price of $100K, and it is not even impossible that it will exceed it if that price is reached by the end of this year, so that at the start of next year a renewable ATH will be created.
I think those who don't believe in the potential of what Bitcoin will do are those who don't know the history of how Bitcoin came to be and it can grow to where it is today, because they don't know the developments that have occurred with Bitcoin itself.
Currently, everyone who knows is ready to be able to achieve the best by always investing in Bitcoin.

In my own opinion, I believe that almost all Bitcoin enthusiastic knows that Bitcoin would at some point gets to the 100k mark no doubt, so the point of speculating here is when will that happens?
 though some people still believe that the price of Bitcoin will get to that 100k mark towards the end of the year, but as for me, I think that it would get their in the first quarter of next year, and from there onward, the bull run will kick on.

Right now, the price of Bitcoin is around 64k to 65k, so it's one of the best moments to accumulate more Bitcoin, because it's only when you have a very good stash of Bitcoin in your possession that you can benefit handsomely from the upcoming bull season, so in essence is that, in as much as we are here speculating the price of Bitcoin going forward, we shouldn't forget to seize this glorious opportunity of buying the deep,  so as to have a better stash of Bitcoin in our possession, because that is what going to determine how successful you might be.

[Makus]

In my own opinion, I believe that almost all Bitcoin enthusiastic knows that Bitcoin would at some point gets to the 100k mark no doubt, so the point of speculating here is when will that happens?
 though some people still believe that the price of Bitcoin will get to that 100k mark towards the end of the year, but as for me, I think that it would get their in the first quarter of next year, and from there onward, the bull run will kick on.

Right now, the price of Bitcoin is around 64k to 65k, so it's one of the best moments to accumulate more Bitcoin, because it's only when you have a very good stash of Bitcoin in your possession that you can benefit handsomely from the upcoming bull season, so in essence is that, in as much as we are here speculating the price of Bitcoin going forward, we shouldn't forget to seize this glorious opportunity of buying the deep,  so as to have a better stash of Bitcoin in our possession, because that is what going to determine how successful you might be.

Though few still doubt that the possibility of Bitcoin getting to 100k is very slim, and I'm not talking about this now because the price is for ing a downward trend, this has being their notion ever since, but one thing they fail to understand is that it's tradition that after the halving and price correction, comes the bull run which is predicted to get to $100k. The bulls after the halving are usually massive, talking from history which is likely to repeat itself. The fear of missing out would make more investors venturing into holding and of cause boom, the price start accelerating upward. Of course the price could be manipulated and delayed by whales eventually selling out but there is a set limit for manipulation tolerance and when that limit is exceeded Bitcoin will fall back to creating it's normal trend irrespective of the action of the manipulation. Just as the pre halving bull run that was initiated by the approval of Bitcoin EFT, Gray-scale tried manipulating the system but when Bitcoin got feed up by the manipulation it began a rapid pump covering up the lost time. However holding is still the best option yet because you'll never know when the price start appreciating in value.

[royalfestus]

When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.

[kawetsriyanto]

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.

Exactly. Correction is always needed whether it is in bullish or bearish. If there is no correction, there will be no chance to accumulate again Bitcoin at a cheaper price. Of course, it is impossible that the market will always keep increasing because there should be time for investors for selling their assets. Not all investors set their assets for a long term, some of them may take profits in a short term. When the investors sell their assets, there should be a correction because there will be too many supplies on the market.

Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year

Yep. I heard that Fidelity and Grayscale decreased the number of their Bitcoin. Grayscale got loses around $579 million in Bitcoin ETF. This may lead them to not so confident anymore to increase the number of Bitcoin. Other big investors may also follow them because of the same problem related to Bitcoin ETF market. It looks like the hype of Bitcoin ETF news has over already.

https://www.tronweekly.com/grayscale-bitcoin-etf-loses-over-half-a-billion/

At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

I'm not sure about this. I even heard the prediction that we may drop to $60k again. We are not in the condition that there is a trigger to pump the price back to $70k. I think this correction will last until the end of this month. Another rally or net pump may be in the next month.

[JayJuanGee]

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.

Exactly. Correction is always needed whether it is in bullish or bearish. If there is no correction, there will be no chance to accumulate again Bitcoin at a cheaper price.

That is a very strange statement, and maybe I don't know what you mean.

It is almost as if you have not studied the actual bitcoin charts and/or maybe you have not lived through various periods in which corrections were expected but they did not end up happening, even though there seemed to have had been a lot of folks expecting such corrections to happen.

For example if bear whale twats were to have gotten their way, we would still be stuck below $500. .. and mid-2016 was not the ONLY time that we ended up experiencing a break UPpity and never to return, in spite of the whining about corrections needed blah blah blah.

Of course, it is impossible that the market will always keep increasing because there should be time for investors for selling their assets.

Sure no problem.. but what are you saying about our current position?

There is no rule that there needs to be further correction from here.

There is also no rule that the BTC price might have done another doubling or trippling from the current $73,794 top from March 13.  We have been in 4 months of consolidation, and yeah, I am not saying that I know anything, but I do get a bit worked up when I see members proclaiming that a correction has to come blah blah blah.. I have seen that plenty of times, and in my experience sometimes corrections come and sometimes they dont// so there is nothing even that assured about when they are going to happen, how low they will go or how long they will last, so again, it seems quite strange to me to be seeing such words of confidence regarding further corrections from here that may or may not end up happening.

Not all investors set their assets for a long term, some of them may take profits in a short term.

They might call themselves investors, but it sounds like you are describing a trader rather than an investor.

When the investors sell their assets, there should be a correction because there will be too many supplies on the market.

That sounds good in theory, yet how can you determine if the sellers out number the buyers or the other way around?

Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year

Yep. I heard that Fidelity and Grayscale decreased the number of their Bitcoin. Grayscale got loses around $579 million in Bitcoin ETF. This may lead them to not so confident anymore to increase the number of Bitcoin. Other big investors may also follow them because of the same problem related to Bitcoin ETF market. It looks like the hype of Bitcoin ETF news has over already.
https://www.tronweekly.com/grayscale-bitcoin-etf-loses-over-half-a-billion/

Your description of the situation is weird.  Yep, for the past two weeks, several of the BTC spot ETF providers are having outflows that are greater than inflows, but so what?  The BTC spot ETFs provide an avenue for investment that had not previously been available, and the persons (and institutions and governments) that use the BTC spot ETF as their means to get BTC price exposure can buy BTC and they can sell BTC, so when they do that, then the ETF provider has to either buy or sell BTC in order to hold BTC that is mostly reflective of the number of their ETF shares that they have sold.

Overall the ETFs provide more avenues in and out of BTC, and surely the folks buying and selling BTC might choose to get in and out of BTC rather than being longer term BTC holders.. it is there choice whether they want to buy BTC or not yet BTC spot ETFs they are still getting ways to get such BTC price exposure.. and so you can believe what you want in terms of current inflows/outflows.. if you believe that outflows out pace inflows and/or whether those inflows/outflows are going to have significant effects on overall BTC price movements and in what timeline...if you might be a trader or an investor.  I would suggest that an investor would be one who would stay in bitcoin for at least a whole cycle, but likely even longer than that, so 4-10 years or longer, so if some folks are fucking around with getting in and out of bitcoin on shorter timelines then that is their choice.. seems a bit dumb, but whatever, people have their preferences... including that there are likely still a lot of people missing out on getting into bitcoin and getting a position in bitcoin so that they might have more options 4-10 years or longer down the road.. depending on their on individual particulars.

At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

I'm not sure about this. I even heard the prediction that we may drop to $60k again. We are not in the condition that there is a trigger to pump the price back to $70k. I think this correction will last until the end of this month. Another rally or net pump may be in the next month.

Well there is ONLY a bit over a week left in the month of June.. so whether the BTC price goes up or down from here for the remainder of this month is still to be seen... It seems that we are kind of in a consolidation zone between $55k and $82k, so I am not going to get too excited while we are still in such range . .and I also consider that the odds are slightly in favor of up rather than down within the range, but I am not going to make any proclamations in regards to how long that we might stay here.. .. and so earlier based on ongoing BTC ETF inflows (that seem to be less than positive in more recent times), I had been thinking that there were pretty decent odds that the BTC price could get to $120k to $180k this year and then end up consolidating in that range through the remainder of 2024 and then maybe have some kind of a higher ATH in 2025.. but yeah, just merely passing thoughts about probable areas that I am still not giving up upon. .even though surely short-term momentum does not seem to be heading up. at least not yet..

[wmaurik]

When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.

If a tweet from Willy Woo can be a cure for the frustration you experience because of market conditions, that's not bad for you. Because basically we all can't blame the market when we get frustrated because we're waiting for something that hasn't arrived yet, like the example of Bitcoin at $100K, but I just don't want to rely on just one person's predictions when it comes to the market and Bitcoin. Because I will continue to buy Bitcoin under any circumstances even if I have to face frustrations that are not important for now.

Currently Bitcoin still looks sideways with a price correction that is not that big and movement is quite slow in the market, but everyone still has to remain optimistic about the current conditions so that there is no need to feel frustrated in our own heads. And if, for example, this happens by itself, of course the person has to take leave from the market for a few days and use the time to have a picnic in order to be able to return to a fresher mentality and mind when they start returning to the market again after returning from the picnic.

[Agbamoni]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that. I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.



It's been a while since I saw such candles. What a good time to buy more Bitcoin because the price of Bitcoin will continue to dip irrespective of the green candle. It's a sign that it will take quite some time for the price to reach 100k at least not yet.

Guys what do you think?

[I_Anime]

When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.

  well if his prediction where right , then I think this time Around will be the best time to accumulate for more , expecially those that haven't gotten much stashes for themselves, or those who are new in their accumulation. Well still Bitcoin is still in bullish trend so I don't actually know how long it may take before, the breaking out stuff. But still I believe Bitcoin going to perform well it's still screaming out "I got a lot of potential to surge " . So well let's it take its time to gather more strength  .

Not all investors set their assets for a long term, some of them may take profits in a short term.

They might call themselves investors, but it sounds like you are describing a trader rather than an investor.

Exactly so I think you should rephrase that statement instead of putting Investor, you should have put traders. Because trader are those that normally focus on short-term profit. Investors are those that normally engage with long-term investment.

[JayJuanGee]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that. I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.

It's been a while since I saw such candles. What a good time to buy more Bitcoin because the price of Bitcoin will continue to dip irrespective of the green candle. It's a sign that it will take quite some time for the price to reach 100k at least not yet.

Guys what do you think?

There is nothing wrong with the contents of your post, except when you act as if there is a guarantee that bitcoin will go back up..

Sure, I don't have any problem with investing aggressively into bitcoin and making sure that each of us is adequately prepared for up.. I even recommend that guys make sure that they are sufficiently and adequately prepared for up since the overwhelming majority of the world's population has either no coins or few coins, so they are not sufficiently/adequately prepared for UP, yet at the same time my own preference that each of us strives to be sufficiently and/or adequately prepared for UP does mean that UP is guaranteed.

[laijsica]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that. I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.



It's been a while since I saw such candles. What a good time to buy more Bitcoin because the price of Bitcoin will continue to dip irrespective of the green candle. It's a sign that it will take quite some time for the price to reach 100k at least not yet.

Guys what do you think?

There must be a need for Bitcoin to dip a bit and increase investors propensity to take profits and increase holdings. Between price movements you have to arrange your own pattern which is lump sum investment or DCA.

Investors expect Bitcoin to touch $100k within this year but some estimates may be running on the correct valuation level. Compared to past analysis, most investors have cited various reasons for believing Bitcoin price to rise in the future which has been entirely speculative, but one should have the opportunity to analyze how rational it is over time.

According to the following link, how reasonable is the estimate of the increase in the price of Bitcoin?
https://finance.yahoo.com/news/bitcoin-could-hit-500-000-120500061.html

[wxa7115]

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that.

There is nothing on the code of bitcoin or the markets themselves that makes the price of bitcoin to go up after a bearish pattern, what we will see is just smart traders and investors as an aggregate determining the price of bitcoin is too low, and then taking their chances by buying it before it goes up, aka buying the dip.

I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.

edited

No one has ever witnessed something like that on any market, as markets have the tendency to random walk, think about them on the same way you could think about someone drunk, their walking will be all over the place and it will be erratic, but an overall direction can be determined if they can walk for a period of time that is long enough.

[promise444c5]

There is nothing wrong with the contents of your post, except when you act as if there is a guarantee that bitcoin will go back up..

Sure, I don't have any problem with investing aggressively into bitcoin and making sure that each of us is adequately prepared for up.. I even recommend that guys make sure that they are sufficiently and adequately prepared for up since the overwhelming majority of the world's population has either no coins or few coins, so they are not sufficiently/adequately prepared for UP, yet at the same time my own preference that each of us strives to be sufficiently and/or adequately prepared for UP does mean that UP is guaranteed.

I believe UP means Ultimate Pump( I don't know if I'm right on this)
If I'm  right then preparing for the UP seem to be a perfect answer without doubt. If not I believe  its should  be related to the bullish period  so either way it will be a good advice to always prepare for the UP in which buying  the dip should be part ...

I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.

edited

No one has ever witnessed something like that on any market, as markets have the tendency to random walk, think about them on the same way you could think about someone drunk, their walking will be all over the place and it will be erratic, but an overall direction can be determined if they can walk for a period of time that is long enough.

True! Market is always influenced  by both buyers and sellers at the same time just that one has the to surpass the other at a particular  time  depending on their strengths.... out of those market takeovers there comes a pattern which might likely favours the influencer with the upper hand throughout the specified range.

[JayJuanGee]

There is nothing wrong with the contents of your post, except when you act as if there is a guarantee that bitcoin will go back up..

Sure, I don't have any problem with investing aggressively into bitcoin and making sure that each of us is adequately prepared for up.. I even recommend that guys make sure that they are sufficiently and adequately prepared for up since the overwhelming majority of the world's population has either no coins or few coins, so they are not sufficiently/adequately prepared for UP, yet at the same time my own preference that each of us strives to be sufficiently and/or adequately prepared for UP does mean that UP is guaranteed.

I believe UP means Ultimate Pump( I don't know if I'm right on this)

You are free to think how you like, yet to me, it seems problematic to be expecting outrageous upward BTC price performance, even though many of us know that both it has historically happened several times, and it can happen in the future, yet you can still design your own bitcoin investment approach in order that you are financially and psychologically able to deal with and handle great BTC price moves that could go in either direction, yet at the same time, great BTC price moves are not guaranteed to happen... so it just seems problematic to me to be thinking like a gambler... waiting for the next up.. which surely does not even seem like an investor's mindset.

In late 2013, when I first got into bitcoin, I was hopping to average around 6% of price appreciation out of bitcoin per year, while at the same time realizing that the BTC price could go up or it could go down and also realizing that if I were able to get more than 6% per year (on average), then that extra BTC price performance would be like icing on the cake (like a bonus of extra value that was not necessarily needed in order to be content with my choices to invest into bitcoin in the way that I did). 

My first few couple of years in bitcoin, my BTC holdings were quite greatly in the negative, yet by the end of the second year, BTC holdings were largely in the ballpark of flat (depending on how I did the accounting), and surely by the end of the 3rd year and into the 4th year, it started to become way more apparent that my BTC holdings were going to way outperform my 6%-ish expectations, and surely I have probably gotten somewhere in the ball park of 70% or so returns (surely each of us can make mistakes in the way that we might allocate, and so there could have had been ways that my BTC holdings could have made more than 70% per year, but I have no problem with those kinds (levels) of returns over a little more than 10 years).   So the difference between returns of 6% and 70% per year feels like a kind of icing on the cake and a profit cushion and surely has given me a lot of options that I did not expect had to happen, but it still feels good to have extra options. .and surely much of the receipt of the extra options came with patience in terms of the passage of time and not getting too worked up with BTC's heavy volatility that surely goes in both uppity and downity directions.. yet overall has been trending uppity... and from my continuing perspective, there should not be any need to get greedy with any future uppity candles.

If I'm  right then preparing for the UP seem to be a perfect answer without doubt.

The reason that so frequently that I suggest that folks sufficiently/adequately prepare for UP is because I find that there are too many times that people are fucking around with preparing for down or figuring out when they are going to buy BTC, and surely we have an overwhelming quantity of the world's population - perhaps in the neighborhood of 99%-ish who either do not have any bitcoin or do not have close to enough BTC... so there are a lot of folks who are not sufficiently/adequately prepared for up.

If not I believe  its should  be related to the bullish period  so either way it will be a good advice to always prepare for the UP in which buying  the dip should be part ...

If anyone new to bitcoin is thinking about bullish versus bearish periods, then they likely are not really focused on long term investing.. so perhaps from my perspective, anyone who is sufficiently/adequately preparing for up would be someone who largely just continues to buy BTC for around the first 4 years of getting into bitcoin.  Sure there could be some of the newbies to bitcoin who are able to front load their investment into bitcoin, and so anyone who is able to front-load his investment into bitcoin is going to be in a better position to just relax in terms of the quantity of bitcoin that he has and perhaps having a feeling of being sufficiently/adequately prepared for up...

yet from my perspective, an overwhelming majority of the world's population is not in a place to front load their bitcoin investment and they are going to have to take time to build their bitcoin investment, which may take 10-20 years depending on their financial abilities and their abilities to attempt to be aggressive with their bitcoin investment, which many times may end up involving dollar cost average investing.

[Belarge]

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that.

These seasons comes with different strategies. We have bear and bull season and this have been an outrageous moment for everyone. Road to $100k for Bitcoin, it can seem possible and we know the standard formulation of the system. Bitcoin have dipped and we know the signals it have sent out to the public. Most traders already know their plans to comprehend the system, while some have struggled.

[Barikui1]

People would really be just trying out to invest no the moment that you would really seeing those green candles instead on trying out to DCA when the market is dumping. You would really be needing to adjust
and needing up that be wise on taking up decisions because on the moment that you are really that seeing that there's a good entry because people would really be that usually be tending to jump
in on the moment that market is moving up and not on the  time that its dumping. They would really be that tending to chase up those uprising momentum and this is really that their solid
sign that they would be needing to enter on which this is really that a wrong belief or mindset to have but instead you should really be that making some entry or DCA on the moment that everyone
or everybody is on great fear about on a very bearish market.

It's common for people to get drawn into investing when they see those green candles, indicating positive price movements. But In the world of Bitcoin, it's crucial to keep investing during those uncertain moments either DCAing, buying during dips and staying consistent with your investments even when the market is down, you position yourself to benefit when those green moments finally arrive. Being part of the group that reaps the benefits during positive market movements is a rewarding outcome of staying dedicated to your investment strategy.

Taking inspiration from early Bitcoin investors during uncertain times can be incredibly valuable. Believing in the long-term potential of your bitcoin investment, even when prices aren't moving as desired, is a key mindset that successful investors often adopt. Just like those early Bitcoin investors who trusted in the technology and its future growth, having faith in your investments during challenging times can lead to significant rewards in the end. It's about staying committed to your investment goals and riding out the market fluctuations with confidence.

Yea, you are very much on point, investors that benefited the most from their investment are those investors that only sees opportunities when their is a very big deep as this, because in the past few days, the price of Bitcoin has really deep, and as such, most newbies investors will start panicking and some will even be selling at a loss at present, but veterans and more knowledgeable investors only sees it as an opportunity to buy more, because they know for a fact that the price of Bitcoin will always rally back to even better height.

And another thing that I have said before, and am still going to say again is that, if truly you are a long term investor, you wouldn't be actually bothered by the price of Bitcoin presently because you know that you are a long term holder, and you are very much confident that Bitcoin has the potential of doing 3x to even 10x of it current price, so their is no point getting worried over the current price of Bitcoin, because you knows that it will always rally back to a better height.

[Miles2006]

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that.

These seasons comes with different strategies. We have bear and bull season and this have been an outrageous moment for everyone. Road to $100k for Bitcoin, it can seem possible and we know the standard formulation of the system. Bitcoin have dipped and we know the signals it have sent out to the public. Most traders already know their plans to comprehend the system, while some have struggled.

I believe people who find it difficult understanding every single step bitcoin price make are not knowledgeable enough and they should avoid such field where they have to track and come up with different approach. Also sometimes all this sounds complicated because one can really focus more on investing if the trading is so difficult which I believe is difficult, most times they fail to understand about trade and everything associated with the market movement and end up with loss also sometimes even the traders with knowledge might sometimes not see profit due to the high risk and loss involve.

[avp2306]

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that.

These seasons comes with different strategies. We have bear and bull season and this have been an outrageous moment for everyone. Road to $100k for Bitcoin, it can seem possible and we know the standard formulation of the system. Bitcoin have dipped and we know the signals it have sent out to the public. Most traders already know their plans to comprehend the system, while some have struggled.

I believe people who find it difficult understanding every single step bitcoin price make are not knowledgeable enough and they should avoid such field where they have to track and come up with different approach. Also sometimes all this sounds complicated because one can really focus more on investing if the trading is so difficult which I believe is difficult, most times they fail to understand about trade and everything associated with the market movement and end up with loss also sometimes even the traders with knowledge might sometimes not see profit due to the high risk and loss involve.

I think they won't learn something if they avoid it. But rather they need to experience then learn from it. This is how people usually learn since if they didn't try to adopt the risk they won't became a good bitcoin investor.

Market is really complicated and we can taken out the complexity of it if we are trying to learn on how we can deal with it or find some ways to get better approach. If they didn't do anything then there's a chances that they would really loss. But if their mindset is for long term and they are not entertaining any negative sentiments then provably losing will be out of their site. Also if you are really trading bitcoin for short term most likely you are taking a huge risk since there would be a chance for you to lose with that activities. So aim to hodl since this is more ideal to do with our bitcoins then learn DCA also risk management since for sure that most likely there will be more higher chance to succeed in this activity.