Warning, Possible Market Fall

[Doan9269]

Source:
https://x.com/i/status/2023300854791753952

I know that some of us are very good at the market predictions and we are used to our daily and weekly can do with how we monitor everything and speculate for the possible expectations over the market, we can see that there seems to be a resistance at $71,000 the market has fallen down to as low as $60,000 about 2 weeks ago and now we are stopped at the market price below $70,000 and if we are unable to experience a breakout above this range this new week, it will be very difficult for the market to rise, but instead we may experience more deep and this may sent us down to $60,000 or even below the red zone.

Where do we go hence from here, you can as well check from the chat and make some possible findings, what are your indications saying and what do you think could be the actual market condition for this week, if we can't achieve to overcome the resistance above $70,000 then there is strong probability that the market might fall and we go more dip, therefore this shouldn't come as a surprise to us when there is already made available signals that indicate for such coming, but you can always do your own research or what do you think?.

[knowngunman]

And I think getting back to $100k is very much possible  
What do you think?

Likewise, even if we go below $20k it's not surprising  

From the X link you provided, the price went from $9k+ down to $3k+ between 2018 and 2019. It happened several other years too. Aren't we familiar with the pattern already? What should matter is how fast to bounce back because definitely, it will bounce back. Speculation create unnecessary tension.

[Majestic-milf]

 The market is dismal at the moment but like @Knowngunman said, it's something we should get used to because this won't be the first time there's a drop that's this drastic. Bitcoin investment is about patience and courage. Prices are fluctuating everyday and I don't think I can predict what it will be like this week but I know that there's every possibility things would get better.

[Cointxz]

That 38K down fall bottom is too much exaggerated considering that it’s just based on pure technical analysis without any fundamental analysis which usually the key when price have a sharp movement.

But as always, we should expect always for the worst but this is a good opportunity for new holder to enter Bitcoin at cheap price.

I don’t believe on this TA personally but who knows if there will be a catalyst to trigger that down fall.

[Wind_FURY]

Warning, Possible Market Fall

Get ready, another Golden Opportunity

 

Predicting the bottom is hard, but I believe that I should probably lower some of my bids if we're truly lucky that another situation for a "Black Swan" will happen this year. Although, it will probably not be as massive as the COVID-19 crash, then surge though.

[escrow.ms]

Warning, Possible Market Fall

Get ready, another Golden Opportunity

 

Predicting the bottom is hard, but I believe that I should probably lower some of my bids if we're truly lucky that another situation for a "Black Swan" will happen this year. Although, it will probably not be as massive as the COVID-19 crash, then surge though.

This, consider this as a golden opportunity to buy more instead of panic selling because of crash. Price will go down for sure and stay in similar price zone a while before surging again. I'm expecting it to reach 250k to 300k after the next halving.

[Ishicryptic]

This warning is all about Fear Uncertainty and Doubt (FUD) we should expect more of these since we are clearly in bear run, weak hands will always panic and be reactive anytime Bitcoin plunges within this period. But it shouldn't surprise anyone with experience in the market, from the chart you can see that in bear run Bitcoin will crash and afterwards it will recover and reach ATH we are expecting the same pattern to happen yet again. For investors that understands the circles they know that bear run is the best time to buy the dip, hodl and wait to take profit in bull season, this should be our focus now that we are expecting more plunge in the market.

[escrow.ms]

In each cycle a shakeup happens which is called a crash or end of Bitcoin. Except that it's not the end of Bitcoin, it happens because it's designed this way. In each cycle it tests your patience, it's strength as a network and rewards those who stick it with, those who quit are washed away like that dirt which is seperated from the gold during panning process. It also increasing more holders each cycle, allowing the wealth to be redistributed fairly.

Now you need to decide you want to become gold or get washed away like dirt.

[Marvelockg]

this shouldn't come as a surprise to us when there is already made available signals that indicate for such coming, but you can always do your own research or what do you think?.

This is just the season for the DIP and we are even getting used to it. It might take longer for the DIP to continue in this fashion or it might take sooner for it to get pass this point and we get into a time of bull again. In all, an investor that's interested in long term investment ought to invest when the market is down without complaining too much of how long the DIP is going to last and wether or not we will eventually get bitcoin going back the previous all time high anytime soon.

Sooner or later, a lot of the investors that are skeptical about the current price of bitcoin will in the long run regret not taking advantage of the current price because we will get to a time when a price as this will just be only history that's to be reference to.

[fullfitlarry]

And I think getting back to $100k is very much possible  
What do you think?

We might have a hard time getting to $100k as we are in the bear market.

Likewise, even if we go below $20k it's not surprising  

Possible.

From the X link you provided, the price went from $9k+ down to $3k+ between 2018 and 2019. It happened several other years too. Aren't we familiar with the pattern already? What should matter is how fast to bounce back because definitely, it will bounce back. Speculation create unnecessary tension.

Exactly, but maybe those tweets are not for those investors who have been in the market for so long to realized that this is just a repeating pattern. And their target audience is newbies who might see the market are turning bad and they don't know what to do.

The answer is to keep accumulating in this bear market and be a long term holder.

[Pandu Geddon]

There is also a possibility that Bitcoin could rise slightly above $70k, and after that, there might be a decline that could lead to the $60k price level. Let's just wait this week; we might be wrong with our speculation. But in the short term, I think the market still won't improve. Even if there is an increase, it might not be a strong signal to exit the bear market.