BTC NEW ATH!. Another reason to accumulate when others are fearful

[Iamcrypticguy]

The past few days have been really good for BTC holders and I'm guessing they're over the moon.

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

[Fiatless]

Those who buy Bitcoin during the bull run make little profit compared to people who have been accumulating for a long time. Sadly,  ignorant people are motivated to buy the coin when they see the price going up. The advice is simple,  just keep accumulating as you can because with the level of attention Bitcoin is getting, the price will keep increasing.  My strategy is simple; DCA. I keep buying Bitcoin as I can afford consistently over a period of time and I don't pay attention to news that ignites FUD.

[Ruttoshi]

The plan is to wait for the eventual pullback and buy more.

You didn't buy when it was $76k and now you choose to be waiting in the ball park. Instead of waiting, you can buy with little amount gradually every week and DCA consistently and persistently. Bitcoin price is growing overtime and I believe that in future bitcoin price will be above $500k which is one of the reason for you to buy bitcoin at any price level.

It's ot good for you to buy out of FOMO, otherwise, you might be disappointed if bitcoin price starts to dip and you will sell off due to panic. Buy bitcoin because yiu want to invest in a long term and hodli.

[nemesis_incarnate]

The plan is to wait for the eventual pullback and buy more.

You didn't buy when it was $76k and now you choose to be waiting in the ball park. Instead of waiting, you can buy with little amount gradually every week and DCA consistently and persistently. Bitcoin price is growing overtime and I believe that in future bitcoin price will be above $500k which is one of the reason for you to buy bitcoin at any price level.

It's ot good for you to buy out of FOMO, otherwise, you might be disappointed if bitcoin price starts to dip and you will sell off due to panic. Buy bitcoin because yiu want to invest in a long term and hodli.

We can buy now, or we can buy during the pullback - the results would be positive anyway, if we hodl properly - with that, I can agree.

Each decides when to enter, and even though we may buy at any price - we can buy more when the run would be pulled off a bit

[Virtualsnipe13]

The plan is to wait for the eventual pullback and buy more.

Lol, now you're waiting for a pullback. I bet when the pullback you're waiting for comes, you'll still be waiting for more pullback before you buy the dip and when there's a new ATH you'll wait for another pullback, keep waiting and hoping one and you miss out it the wave the token will make.

[nemesis_incarnate]

The plan is to wait for the eventual pullback and buy more.

Lol, now you're waiting for a pullback. I bet when the pullback you're waiting for comes, you'll still be waiting for more pullback before you buy the dip and when there's a new ATH you'll wait for another pullback, keep waiting and hoping one and you miss out it the wave the token will make.

Bitcoin is no token.

And there is no perfect entry to buy, I agree with that - you choose where to go and where to not to go. You can't see the future and do it ideally to maximize the results. But you can make them better.

[Mastercon]

Bitcoin is for sale. You want the next block? buy it. you decide the state machine with enough money. But you fuck around doing that and it'll bankrupt you. i.e. a 51% attack. There is financial incentive to not do these attacks or you end up spending billions and licking your wounds like bitmain. Bitcoin bankrupts attackers. It incentivizes honest behaviour. Even if you hate all the people you participate with and want to get a leg up on them. That's the nash equilibrium. Bitcoin is an economic and decentralization secured protocol, and those two forces are coordinated and experienced through a nash equilibrium of the protocol participants.It's the fundamentally most Bitcoin thing you can do. Participate in the protocol and choose your own code.I prefer bullbitcoin for OTC. I really dislike how Bitcoin Well does it by insecure email.The hope is by making them more accountable through Bitcoin you can identify and avoid, even punish if we are using fidelity bonds, fraudulent religions and organizations.That's a bit of a sticky wicket. How do we want to define what is and isn't a false religion? To me religion is just another form of social organization and governance and there will always be fraudulent and abusive ones. I want the Vatican to run a node. I want religious organizations to use Bitcoin to enhance transparency and mitigate embezzlement and corruption. It would be of significant public benefit if the religions of the world substantively adopted Bitcoin.

[Kelward]

There's no competition in hodling, buy when you have the funds it's as simple as that , what matters is sometime in the future, sooner or later you'll be profitable. Bitcoin is volatile so don't totally blame anybody that didn't get in when price was $75k, we had people speculating then whether it was a sign of early bear run. I hear some analysts predicting that we will see ATH at $200k in this circle, if you believe in that speculation that means that it's not too late to accumulate now because it'll mean almost a 100% increase. The best strategy for buying Bitcoin is DCA method, don't have a serious plan of taking profit on the short.

[henry_of_skalitz]

There's no competition in hodling, buy when you have the funds it's as simple as that , what matters is sometime in the future, sooner or later you'll be profitable. Bitcoin is volatile so don't totally blame anybody that didn't get in when price was $75k, we had people speculating then whether it was a sign of early bear run. I hear some analysts predicting that we will see ATH at $200k in this circle, if you believe in that speculation that means that it's not too late to accumulate now because it'll mean almost a 100% increase. The best strategy for buying Bitcoin is DCA method, don't have a serious plan of taking profit on the short.

This cycle is going to be great, the first one of many where the big guys enter the stage properly, I think.

And we may go for bigger numbers, or we do not - it's not really that important to which price we are going to rise, but how we are going to sustain that liquidity going in..

[Iamcrypticguy]

The plan is to wait for the eventual pullback and buy more.

Where do you think there'll be pullback??. Which zone are you looking at?.

The plan is to wait for the eventual pullback and buy more.

Lol, now you're waiting for a pullback. I bet when the pullback you're waiting for comes, you'll still be waiting for more pullback before you buy the dip and when there's a new ATH you'll wait for another pullback, keep waiting and hoping one and you miss out it the wave the token will make.

There'll be a pullback. The question is does he or she have the balls to get in when it gets there ? Ahahah

[nemesis_incarnate]

The plan is to wait for the eventual pullback and buy more.

Where do you think there'll be pullback??. Which zone are you looking at?.

I would look at somewhere around $116k, but that's just me.

[JoyMarsha]

If Bitcoin can do more numbers before the end of the year, it doesn't feel at the wrong thing to do, for those who are investing in Bitcoin at the price of $109k so long as Bitcoin will increase more than the current price giving the investor that invested their much needed profits they are looking for.

The fact is that, no price Bitcoin will attain to, there won't be many investors rushing to invest in Bitcoin at that price. There will be, at any time of the day.

[OcTradism]

The past few days have been really good for BTC holders and I'm guessing they're over the moon.

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

It is easily for saying about things already happened, while if you are in a live situation, you would be more uncertain with different feelings like fear, greed, uncertain and many people react the same way of how the majority of market participants do.

Just weeks ago, I am quite sure that many people thought the bull run is over, me too, the CEO of CryptoQuant thought similarly too. It's natural because you can not say about future especially for very near future like next few months. Not all market cycles are the same and this cycle can be longer or shorter than previous cycles so it can end anytime. This results in uncertainty in the market hence we must be well prepare for any sudden ending of bull run.

I did not give up and sell my bitcoin but it's not because I believed this market cycle's bull run will continue, but it's because I aim at a longer holding like next two or three cycles. I mean if I am lucky enough, I would sell my bitcoin around ATH and wait for chance to buy back, but if I miss the ATH, I am ready to hold my bitcoin for next cycles. It helped me to hold my bitcoin recent months even to be honest, I was really uncertain about the market.

Bitcoin Fear and Greed Index
https://www.bitcoinmagazinepro.com/charts/bitcoin-fear-and-greed-index/

[jackpotmaster]

The past few days have been really good for BTC holders and I'm guessing they're over the moon.

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

The picture that you posted shows a tale that is as old as Bitcoin itself. Actually, something similar happens with selling as well. People sell at those low prices, and then some of them go on to bad mouth Bitcoin as they can't admit that they did something stupid. Fragile egos and minds.

And there is no perfect entry to buy, I agree with that - you choose where to go and where to not to go. You can't see the future and do it ideally to maximize the results. But you can make them better.

Trying to time an entry into Bitcoin is a mistake itself, a lot more people have been hurt by this than by other strategies like DCA. If you want to buy, buy some today, buy some every day. It can be as simple as that.

I did not give up and sell my bitcoin but it's not because I believed this market cycle's bull run will continue, but it's because I aim at a longer holding like next two or three cycles. I mean if I am lucky enough, I would sell my bitcoin around ATH and wait for chance to buy back, but if I miss the ATH, I am ready to hold my bitcoin for next cycles. It helped me to hold my bitcoin recent months even to be honest, I was really uncertain about the market.

Very risky to the point that it is not really recommended. Some people succeed yes, but many regret selling at different points that they thought was a high price. Afterwards, the price was never that low again.

Bitcoin Fear and Greed Index
https://www.bitcoinmagazinepro.com/charts/bitcoin-fear-and-greed-index/

Very little hype according to all trends.

[qurbanshah02]

The past few days have been really good for BTC holders and I'm guessing they're over the moon.

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

Yes those days were definitely good because in those day the price of BTC was actually low which they could easy get from it and now it price is at the new ATH due to which we are now see BTC at a new price which is actually quite a happy thing.This is beneficial for those who acquired it at a low price and now they can easily take advantage of it and make big profit.

If we talk about it in reality we should see whether it has real benefits or disadvantages. This is not a joke but rather a new development of BTC that it has achieve and it is the best in the whole crypto so we have to talk about it properly.

[lionheart78]

Yeah, this is another reason to accumulate but I do not think it is wise to buy at this moment where Bitcoin is rallying.  Do not forget Bitcoin has a cycle, a time to sell and a time to buy.  Be wise enough to know when to buy and know when to sell.

Always remember when the Bitcoin price rally and eventually reach its peak, there is no other way for the Bitcoin market to go down and enter a bear market. This is where Bitcoin price started to go down and many investors see this as the market opening its window for further investment or re-entry.

[Lida93]

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

Generally, bitcoin is most profitable on a long term projection than short. You can easily miss out on opportunities to make good profit going short on your investment. The fear index in the recent weeks actually showed how many investors pull out their funds when bitcoin dip to $77k after we made the previous ATH of $109k. For some, the market was heading for the bears which made them pulled out, but for long term projectors it was an opportunity to accumulate more BTC. Now see where we are. And base on my analysis , it's just the beginning of a new ATH's for bitcoin before this year ends. Don't get distracted by the retracements and market noises.

[Finestream]

People has not learned yet the best time to accumulate bitcoin. They still buy the most when bitcoin price is at its very bullish state, while still hesitate to maximize their purchase when bitcoin price is still low than its present price. But nevertheless, if the goal is still for long-term hodling, there’s no issue there. The problem is, if these people are patient enough to continue hodling bitcoin despite of its price crash and fluctuations.

[kotajikikox]

The past few days have been really good for BTC holders and I'm guessing they're over the moon.

Those who are brave enough to buy bitcoin at $75k deserve their rewards now. When will people learn that bitcoin does recover every time so when it dips you take that chance and you buy. But it seems like people never learn.

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

There are a lot of technical analysis in the speculation board. I advise you to read there.

[Ullaa]

The past few days have been really good for BTC holders and I'm guessing they're over the moon.

Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.

From a TA point of view BTC just broke out of a critical resistance zone and is now testing it as support. If it holds we could see a push into the next psychological level. Volume appears healthy and RSI isn’t too inflamed now but watch for divergence. If it fails to sustain support then a short term decline could be on the table.