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Author Topic: Bitcoin price predictions gone silence since the DIP.  (Read 331 times)
EluguHcman (OP)
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May 09, 2024, 08:00:29 AM
 #1

The promising approach about the rising of Bitcoin price seemly to have emotional influence on investors which at some points triggers market sentiments.

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?

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May 09, 2024, 08:19:53 AM
 #2

This is because the price of biitcoin has already increased and we are not yet in another bull market. Also because there are dull time immediately after halving and we are in that dull period now. Let us see what will happen after 2 to 5 months. My speculation is still that bitcoin will reach $100000 in 2024.

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May 09, 2024, 08:29:07 AM
 #3

Not really, take a look with this thread LAST CHANCE TO BUY BITCOIN..... , he promising Bitcoin price will increase and now is the last chance to buy Bitcoin. Cheesy

If you think that many people gone silence since the price goes opposite with that they predicted before, it's because many people are riding the wave and don't want to miss this event in order to earn more followers. While they didn't even invest Bitcoin or they just invest in Bitcoin up to 1% from their total wealth which is very small.

R


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May 09, 2024, 09:39:53 AM
 #4

That's because the price is stagnant in the $60K - $63K area, maybe investors can call it boring because there is no better increase in recent times, they want to wait for the DIP but return to the original area, but waiting for the increase to not happen so maybe they will be silent by looking at the current market situation.

Prediction - Waiting is not instant maybe I will say at the end of this year bitcoin can be bullish again and we will be busy again with various speculations by saying above $100K later. Cheesy

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May 09, 2024, 09:49:44 AM
 #5

What do you expect, the predictions has already been made even before the dip, so you can't have people repeatedly saying the same thing over and over again. Since the predictions has already been made, it's just for us to sit tight and watch out how things play out. Or has the time those speculations said bitcoin will get to certain price passed without bitcoin price getting to that region? Or it could be that people are analyzing the market to know the next line to speculate about. Moreover you need to have something to say before talking, since you can't just be talking all the time.

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May 09, 2024, 09:55:36 AM
 #6

Not really, take a look with this thread LAST CHANCE TO BUY BITCOIN..... , he promising Bitcoin price will increase and now is the last chance to buy Bitcoin. Cheesy
I was going to send this link here you have got first lol .

But yeah that is the last prediction(or at least close to that) and indeed that respond is really amazing
So for OP i think because we are in crazy movement of market now that make everyone cannot decide what
to believe until  the market shows insignificant movement again.

Quote
If you think that many people gone silence since the price goes opposite with that they predicted before, it's because many people are riding the wave and don't want to miss this event in order to earn more followers. While they didn't even invest Bitcoin or they just invest in Bitcoin up to 1% from their total wealth which is very small.
exactly , most of us are in w close looking in the market that we have no time for many discussion
because we might missed a good chance of either buying or selling.

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May 09, 2024, 10:25:52 AM
 #7

Quote
Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?

 Are you referring to price speculations on the forum alone or in general because I got something from here and they are quite bullish Bitcoin is just experiencing a momentary setback.
At the same time, many people will be less enthusiastic to speculate about price now it's going down because they will be more focused on cashing out as little profit as possible.

R


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May 09, 2024, 12:43:04 PM
 #8

The promising approach about the rising of Bitcoin price seemly to have emotional influence on investors which at some points triggers market sentiments.

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?

We still have to wait and see, and if you have been in the market or experience halving already, you should know by now that a month after the halving, the price is going to tank. Not sure what the reason is, maybe the excitement is gone as the hype is gone or simply that's where the market moves.

And so the answer is that we should be patience, we still have this year, more than 6 months to see what will be the impact of halving. And then 2025, a almost full year as well on what will be the all time time high. So we need persistence and we should endure what the market will give to us, and at the end of the this bull run, we know that we will see a good price and probably in the six digit figure.

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May 09, 2024, 01:09:36 PM
 #9

When the price is going down, everyone is panicked about their investments. Hence for this we don’t see many ATH predictions posts anymore. This is common and was expected. People thought that the price will keep rising and it will touch 100k usd easily, but this didn’t happen and instead we show a dip with price correction. I will treat this dip positively and will consider this as an opportunity to buy the coins for cheap. Bitcoins will rise again very soon.

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May 09, 2024, 01:39:02 PM
 #10

That's normal.

Self pro claimed speculators comes up during bull season and they will give their so called trading advise, if their predictions correct, this will boost their engagement and personal branding. But when it doesn't go to the direction that they predicts, they will disappeared for a while.

However, this will be a good moment for Bitcoin naysayers to criticizing Bitcoin lol.

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May 09, 2024, 02:16:19 PM
 #11

Not only on the forum but on other social networking platforms, bitcoin price predictions and bullish sentiment also seem to be gradually disappearing as the market is still in the adjustment phase. What I see is that people are no longer talking about bitcoin reaching $100k, instead they believe bitcoin will fall to $52k. And I think this is a good sign for the market because when people get bored and sell all their bitcoin, that's when the market gets pumped again.

Remember that this is a financial market and no one can get rich easily so when the crowd is at its most excited and Fomo we should be afraid. But when the crowd gradually gets bored and quits the game, that's when we become greedy, wealth has never been for the crowd. This is when I think people should be bullish instead of depressed.

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May 09, 2024, 02:30:36 PM
 #12

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?
Common questions I often read on DIP Exchange are:
Quote
How does the public respond to DIP Exchange today?
According to our technical analysis, the price sentiment for DIP Exchange today is neutral.

For the reasons below, I believe DIP Exchange, a little quiet in terms of speculation and predictions, they choose to be neutral in that regard.

Quote
There are a number of variables in the cryptocurrency market that can drive DIP Exchange prices up or down. The main drive behind the value of DIP Exchange assets is market supply and demand. The increase or decrease in demand for DIP is very dependent on the growth of adoption.
Additionally, significant events, such as protocol updates or hard forks, can also play a significant role in DIP Exchange prices.
Next, the main factor that needs to be considered is whale activity. Large DIP Exchange holders can greatly influence the price, as one large sell order can lower the price significantly. In addition, do not underestimate the power of large institutional adoption and political regulation on the value of DIP Exchange.

Maybe we will see DIP Exchange react again in terms of speculation and predictions, when there is turmoil in the crypto market.

R


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May 09, 2024, 05:02:10 PM
 #13

This is not something new as it happens every time when there is a dip and you may have noticed similar thing on those so called YouTube experts and those on twitter? When it's on upward trend everybody jumps in to claim themselves as experts and predicts some random number and truly anyone who is expert will not be predicting the price rather working around it to get the most out of it. If it drops bt further you will see fuds as well.









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May 09, 2024, 05:31:29 PM
 #14

This is not something new as it happens every time when there is a dip and you may have noticed similar thing on those so called YouTube experts and those on twitter? When it's on upward trend everybody jumps in to claim themselves as experts and predicts some random number and truly anyone who is expert will not be predicting the price rather working around it to get the most out of it. If it drops bt further you will see fuds as well.
OP is probably shocked that this happens, if you're not new to the bitcoin investing game, you'd know that this is something that's happening more frequent than you'd ever think of, there's times that some people that are always speculating chooses to sbut up because they don't want to be yapping all about bitcoin price all the time, there's more and more things to do besides that anyway, they can always come back to a certain point in time to be speculating about different stuff, shouldn't surprise you OP.



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May 09, 2024, 07:03:29 PM
 #15

The promising approach about the rising of Bitcoin price seemly to have emotional influence on investors which at some points triggers market sentiments.

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?

Sentiments are a major part of markets, an integreal part. That is particularly valid when it's about complex assets like Bitcoin as nobody can truly tell what it is worth as it doesn't generate cashflows. One can only guess and the more you understand about Bitcoin, the higher you will value it and the less you will get nervous when there is trouble going on in the world. But rest assured that not a lot of people who own Bitcoin actually understand a lot about it. But with more people getting into the market and spending more time to understand it, the base layer price will only become more stable. 

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May 09, 2024, 07:10:21 PM
 #16

The promising approach about the rising of Bitcoin price seemly to have emotional influence on investors which at some points triggers market sentiments.

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?
We still have to wait and see, and if you have been in the market or experience halving already, you should know by now that a month after the halving, the price is going to tank. Not sure what the reason is, maybe the excitement is gone as the hype is gone or simply that's where the market moves.

And so the answer is that we should be patience, we still have this year, more than 6 months to see what will be the impact of halving. And then 2025, a almost full year as well on what will be the all time time high. So we need persistence and we should endure what the market will give to us, and at the end of the this bull run, we know that we will see a good price and probably in the six digit figure.
Well way too many people end up overbuying beforehand because they know that it will go up leading up to the halving and they were right we have seen all time high before it, so all those people who made their profit end up getting out because they overbought and extended their financial situation to this point. I think it is going to keep rising though, with all the profit that people have.

First it will be both new money that goes into the market and we are going to also end up with getting bigger piece of the pie from other alts as well, because people will sell their alts and buy bitcoin for a while as well. Then when that goes up and makes us all a lot of profit, people will sell some of their profits and invest into alts and that is when alt season will start as well.

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May 09, 2024, 07:37:43 PM
 #17

The market if facing dumps time after time and that's why the weak hands are losing hope. The Bitcoin predictions that we had still exist on internet all we need is to find those.

None of those predictions and speculations have came to fruitarian yet, but it's still not the intense times of the bull run. The bull run will continue to get intense and I believe that history will repeat itself once again.

I still believe that Bitcoin has the potential to reach at least $100k in this bull run but that's the least I expect, in broader terms it could reach or cross even $150k.

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May 09, 2024, 07:45:29 PM
 #18

The promising approach about the rising of Bitcoin price seemly to have emotional influence on investors which at some points triggers market sentiments.
It has always been influencing everyone because we know that this season is the bull run and even if there are some slips happening recently, that's not going to change the emotion of many that have been in the market for years.

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?
That's what you feel. There's no silence in here but if you think that you've gone silence because of the recent dip, that's because it's a normal scenario to be seen. The market won't rise as if it's going to happen on an instant, you guys need to have more teaspoon of patience.

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May 09, 2024, 07:53:01 PM
 #19

We're still waiting for that $100k and I believe it is coming, but nobody can tell exactly when that will happen.


IMO people expect too much from these predictions. They'd like people to tell them what price there will be on what day and when this doesn't happen in that exact date they unleash their fury upon those poor analysts.

It's just one of many such dips in the bull market. If you can't sit tight and wait, you have too much money invested.

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May 09, 2024, 08:14:57 PM
 #20

People are just relaxing, probably enjoying early summer.

When the price isn’t doing much apart from bouncing around between $60,000 and $65,000 there isn’t much to really discuss. We often see periods of boring, low volatility in Bitcoin after the halving.

I’ll give you a prediction, 1BTC = $200,000 before the end of 2025.

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