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Author Topic: Bitcoin price predictions gone silence since the DIP.  (Read 349 times)
milewilda
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May 09, 2024, 08:38:06 PM
 #21

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?
You would really be that expecting that kind of condition or situation within the market because majority of us would really be that too positive or optimistic about Bitcoins price. It is really just that normal that on the time that the market do make out some correction or make out those kind of price decrease then you would be expecting that it would become that silent specially if people been anticipating or expecting for some pump then
it is really that a normal reaction on where people would really be having. This is why it would really be that too silent whenever we do see price declines excluding into those whining which would newbie would be normally be doing but for those who do have experience and been here on this market for a while now then they would really be taking these conditions to be just like an another normal day here on crypto space.
You would really be expecting different sentiments and altering market sentiments and words that you would be able to read up online.

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May 09, 2024, 09:00:41 PM
 #22

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?
That is because of the hype of halving, and whales know how to play with it.
What we are seeing now is the real trend and seriously, the price are still at a good position and there's an indication that this might be the last drop before the real bull trend and by that time you can expect another version of hype and high predictions. This is cryptomarket after all, where hype is everything and volatility is part of the trend.

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May 09, 2024, 09:29:04 PM
 #23

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

There are still talks about the promising comeback of Bitcoin after this dip.  Many are still enthusiastic about DCA-ing taking advantage of the cheaper price of Bitcoin.  There are also still prediction about Bitcoin market and the possible rebound of price.  It may look silent because not many are publishing news to hype the market.  It is probably because many are silently accumulating not through aggressive means but through slow buy not to stir the market up and start it to uptrend.

Probably we might see an aggressive marketing approach to hype the market of Bitcoin once these "whales" have finished accumulating BTC and think that the need to hype the market is at hand so that they can sell their stash at a higher price.

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May 10, 2024, 04:17:13 AM
 #24

Yes, there has been a great calm since the halving, and we have not witnessed any significant movement in the price, although there was a strong movement and a large rise in the price before the halving, unusually.

It seems that everyone is in a state of anticipation and no one wants to take any risks. Despite the decline, those with strong hands were reluctant to buy large quantities. Bitcoin has now been in a state of sideways movement for more than a week, and I expect the sideways movement to continue for a relatively long period before we see an important rise.

Even the Fear and Greed Index stands at approximately the middle, at 55, and this also reflects the state of stagnation and anticipation in the market.


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May 10, 2024, 04:30:20 AM
 #25

Yeah I noticed this also. I also don’t know why because we didn’t have a nasty dip or crash yet. I don’t understand why people are bearish.

I think what caused it was that nasty crash when those bombs were sent and many got liquidated and gave up crypto altogether. Another cause could be the negative flows with the etfs. They were positive for many months since launch and then they got stale and lately they have been negative. Seems people are trying to get out.
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May 10, 2024, 04:50:00 AM
 #26

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?
What you just pointed out is what I term the lousy nature of many Bitcoin investors and speculators, I've never given it a thought because I know their type. It didn't just start today, it has started the very time Bitcoin has started gaining prominence. These guys can simply be called gamblers, and since many of them predict the price of Bitcoin when it appreciates upward, it is often easy for them to be correct, especially when the asset is in a strong bullish trend. Nonetheless, they are guessing on instincts and they are mostly wrong when they are either outrageous in their prediction or they predict the market when it is either stuck at a point or is in a bearish trend.

And now that their expectation is not working pretty fast, they keep mute and get discouraged. Wait till the Bitcoin price is moving higher, especially if it can breach and hold above $75,000, they will suddenly come out of their hiding and start running their mouths once again.

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May 10, 2024, 09:06:28 AM
 #27

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?
The silence always happen everytime the dip comes,not only today but even from the past couple of years, because investors lose thier excitement when the dip comes because they know dip is a kind of losing the value from thier holdings. It is the time that almost all coins are low price including our holdings so investors will be silence and wait till the bull comes and sell for profit.

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May 10, 2024, 09:40:49 AM
 #28

I believe it is because the people who thought that the price of bitcoin will skyrocket after the halving are disappointed as the price of bitcoin didn't go as expected, so they are in silence waiting for the next move. This is the period that no one can speculate any price, because bitcoin has proven to a lot of them that it is impossible to predict the next price movement of bitcoin.

On the other hand, the OGs who already understand how the market works that after the halving, it takes few months before the bull run comes are also sitting and watching with relaxed mind waiting to see what happens next.

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May 10, 2024, 07:59:12 PM
 #29

Yeah I noticed this also. I also don’t know why because we didn’t have a nasty dip or crash yet. I don’t understand why people are bearish.

I think what caused it was that nasty crash when those bombs were sent and many got liquidated and gave up crypto altogether. Another cause could be the negative flows with the etfs. They were positive for many months since launch and then they got stale and lately they have been negative. Seems people are trying to get out.

It's because they were fed hopium and aped into bitcoin hoping that it will react to it like it reacted to ETF news. People who did that are nothing but greedy speculators who clearly wanted to make some fiat money on this move and dump bitcoin as soon as it pumped, so they made all their x50 leveraged positions and waited but nothing happened so they slowly begun to crumble under pressure, selling at a loss and that liquidated the rest of them and we fell 20%. That whole move was made and unmade by leverage traders.
Bitcoin will go up at its own pace and if you can't wait for it, don't come crying you missed it, that's my message to speculators.
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May 10, 2024, 11:09:53 PM
 #30

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?
The reason why everyone is silent about the speculation of Bitcoin is not even as a result of the DIP that have be occurring and reoccurring after the halving but it is because the market is not yet balanced for now so as soon as it moves pass this $64k down it has been fluctuating for some time now and moves close to $69 or $70k you will see some upward movement in the price of Bitcoin, the speculation can begin again. Already an ATH of $100k has been speculated from now till 2025 so it is not about chanting it that will make the price get to that point but with conspicuous buying and hodling can help the price increase to another level

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May 11, 2024, 04:28:27 AM
 #31

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?

After the Bitcoin Halving event the market usually undergoes to a certain drop, which actually happened but didn't really drop the huge amount that I was expecting, I mean the market price today was actually quite high but pretty much stabilized at that price range, this usually happened since the pattern in the Bitcoin halving timeline bullrun is gonna pop up in the next year, so the Bullrun was probably going to happen in 2025, that just means that there was no actual activity that is going to happen at this time, so investors and traders are just on holding period, no news is going to actually pop up at this moment since most of the traders are on hold and accumulation period. Still, there was for sure a lot of prediction and speculation still in this period but most of it expected the market to blow like next year or something not right now.

It's a good time to accumulate more Bitcoin since there was no hype in the market, when there is some movement and pump in the market for sure there will be a lot of speculations and predictions that is going to hype the market encouraging a lot of investors to invest on Bitcoin again. So accumulate Bitcoin now while its still a good opportunity because when the market start to pump its gonna be difficult to buy Bitcoin at a discount since it wasn't going to drop that easily.
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May 11, 2024, 05:45:22 AM
 #32

I believe it is because the people who thought that the price of bitcoin will skyrocket after the halving are disappointed as the price of bitcoin didn't go as expected, so they are in silence waiting for the next move. This is the period that no one can speculate any price, because bitcoin has proven to a lot of them that it is impossible to predict the next price movement of bitcoin.

On the other hand, the OGs who already understand how the market works that after the halving, it takes few months before the bull run comes are also sitting and watching with relaxed mind waiting to see what happens next.
I do not understand the people who expected it to go up because after every halving the price went down a bit. But, we are going to see it rise eventually, we just need to make sure that we are going to do fine, that has to be the most important part of this deal, and could get it be a lot better with time.

I think it is going to be very important, we should just focus on what we could do and with that in mind I think that we are going to increase by the end of the year. So all those people who sold, will regret later on that they sold because we are going to make a lot of money from it. Obviously not those people, because they will get in way too late when it is already high, because they did not buy when it was low, they sold at the same time.

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May 14, 2024, 11:47:56 AM
 #33

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?
Before the halving, there was high expectations that we're going to see a massive bull run, this could be because of the price surge before the halving, that even made it possible to see a new ATH before it. I think that the approval of Bitcoin ETF triggered a lot of excitements, because of the massive price increase that followed it, now halving has ended and the excitement has suddenly ceased because of the price dip. I know that it's just a matter of time and the price predictions or speculations will become more exciting and loud, when we enter bull run.











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May 14, 2024, 12:27:42 PM
 #34

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?
Before the halving, there was high expectations that we're going to see a massive bull run, this could be because of the price surge before the halving, that even made it possible to see a new ATH before it. I think that the approval of Bitcoin ETF triggered a lot of excitements, because of the massive price increase that followed it, now halving has ended and the excitement has suddenly ceased because of the price dip. I know that it's just a matter of time and the price predictions or speculations will become more exciting and loud, when we enter bull run.

If you ask me, I must say that we've been experiencing a bull run since the approval of the spot Bitcoin ETFs. Floating around $60K for months doesn't seem normal to me at all, it is clearly a sign of how massively the ETFs impacted the market, resulting in the current price.

As for this year's halving, the expectations of many were not met as things turned out to go the opposite way. The expectations and excitement of the ETFs' approval seem to have overshadowed that of the halving, leaving us with a range of prices that we keep seeing, which is not aligned with the history of halving.

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May 14, 2024, 12:43:03 PM
 #35

Nothing has changed. When the market dips, everyone is disappointed but not the new comers. That's how the mood changes quickly when we're just looking at the reds in the market.

But I have never seen that the predicitons where gone when everything has been up and nice with people telling their high predictions.

As for this year's halving, the expectations of many were not met as things turned out to go the opposite way. The expectations and excitement of the ETFs' approval seem to have overshadowed that of the halving, leaving us with a range of prices that we keep seeing, which is not aligned with the history of halving.
Don't be so hasty.

Why you guys want to see your predictions or expectations reached when we're not yet even a month passed when the halving's done?

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May 14, 2024, 12:59:07 PM
 #36

I doubt people are silence. Perhaps in your location people do are silent because they are scared of the market.

To be honest here i do not see dip in the market. I was expecting something below 50k maybe 45k in the price of Bitcoin so am kind of surprised what may have brought about the silent. Because many people did not consider the small price movement to be a dip, even if any price below the ATH can be seen to be a bear market.

It seems we are too optimistic about the price movement of Bitcoin. The solution to that is patience and nothing else.

.
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May 14, 2024, 02:36:05 PM
 #37

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.
You have also made a convincible point, the speculations now is literally no more headed on the increments of Bitcoin but at the depreciative value.

I got to think otherwise that during the bullish event the speculation was an encouragement or distraction that investors may feel good to had make lot of profits or keep holding with your Bitcoin assets while at this moment,
the market influence is focused on encouraging Investors to buy now that the price has gone weak.

So  it happens to be an opportunity attracting more investors to come buying and hodl while the market rise is expected to come at the skyrocket to the bull-run but investors who are emotionally sentimental can actually sell their assets with the speculations that Bitcoin would fall lower than expected.











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May 14, 2024, 04:59:27 PM
 #38

Well I am not surprised. This year we had the ETF approval and halving and both theories were proved to be incorrect.

1) ETF approval - everyone expected it to be a sell the news type of event. Because that is what happened when the Bitcoin futures launched, coinbase IPO and Bitcoin futures etf. We dumped after the approval but we hit ATH anyways. Who would of known?

2) Halving - everyone expected it to rally after the halving. However its becoming stale and trading sideways. Its still early however after the halving and we can still go on a crazy bull run but it seems people are losing interest already and going back to trading GME on the stock market.
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May 14, 2024, 11:52:44 PM
Merited by fillippone (1)
 #39

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

I don't pay attention to them because I don't trust any person with big influence to give a truly honest advice. They have more reasons to manipulate the market instead of trying to make everyone rich. In Bitcoin they could be telling that the price will reach some high target while they themselves are actively selling. Or they could be skeptical yet quietly buying without triggering a bull run.
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May 17, 2024, 06:34:19 PM
Merited by fillippone (1)
 #40

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?
It's not silent rather the real investors and those who knows about the historical data and sequence of bitcoin price after halving has nothing to worry over the price at currently except for those who doesn't know how it works could keep worrying over this period, and even as that they knows that certainly the market would get back to it base. Meaning its only for a few moment and that is how the market works and must continue to function this way till will enter full bull run, and you have to also understand that going up and down of the market (bitcoin price) is the effects of trading, so if the market remains stable or doesn't obey it's principles that means the law of buy and sell has been broken or defeated. Therefore keep in mind that bitcoin price must go up and down for effective trading.

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