A dream about Bitcoin

[Pikiboy]

I was actually not satisfied with someone walking up to me telling me that he saw the price of Bitcoin dropping to around 65k.
To be sincerely speaking, I have never thought and think that something like this is actually possible or likely to happen, when someone would walk up to you and telling that he dreamed and see Bitcoin drop around 65k from this months to next month, whereas we know that this month is actually a month of bullish for Bitcoin movement. If we track back history of Bitcoin you should always know that from Q4 to Q1 the next year that Bitcoin price always increases, but saying that we would see dip is not unbearable.

What do you think? Do you believe on dream?

[Mitchell]

Why did you create this topic in B&H? Serious question. You should know it belongs in Speculation.

[Pikiboy]

Why did you create this topic in B&H? Serious question. You should know it belongs in Speculation.

Thank you boss, please pardon me.
I will have to move to that section. Initially, I was a bit confused on where the raise this topic, and I had to post it here but since you said of beginner & help I wouldn't mind taking it to that section..

Edit..

Done

[Mitchell]

Topics should always be in their most relevant section and asking about your dreams related to price is def. more Speculation than B&H.

Thank you for moving it!

[DPHOR]

Topics should always be in their most relevant section and asking about your dreams related to price is def. more Speculation than B&H.

Thank you for moving it!

I do not believe in dreams because that does not directly influence the price of Bitcoin in any way, as we know the price of Bitcoin is either being moved by demand and supply or towards news that will hit the market before seeing the price dropping or appreciating. For saying that what people saw in dreams will affect the Bitcoin price is entirely not possible and you are right.

If you ask me, I will say that op friend or whomever that dreams is suffering for Malaria and fever. Lol.

[Oshosondy]

This is Uptober, but what we are seeing is downtober. Did you noticed? Many people were saying bitcoin price will increase this month, but all what we saw is that bitcoin at $83570 and it is still below the price, although the price of bitcoin has been having huge support at $80000.

I do not know if this quarter will be bullish, but I will continue to DCA regardless.

[pooya87]

There could be some red flags here. It could be nothing but also the following could be a case worth thinking about. Someone who even dreams about bitcoin price and in a negative way (market crash since that's over 20% drop) is thinking about the price too much. It could be an indication of taking too much risk, like someone who has bought more than they could afford and are now concerned about losing a lot of money in case price drops. If that's the case they may want to take steps to reduce their stress. It may require selling a small amount.

If we track back history of Bitcoin you should always know that from Q4 to Q1 the next year that Bitcoin price always increases, but saying that we would see dip is not unbearable.

I don't put too much emphasis on past behavior since there are always exceptions.
But at this point, we are on a very slow uptrend where price should keep rising in steps. Last one brought us from below $70 to above $80k. Next one could be testing $100k.

And if nothing changes the 40 days of accumulation (roughly since Sep. 21) in this sideways market above $80k would lead to the next leg up.

[Zaguru12]

If you ask me, I will say that op friend or whomever that dreams is suffering for Malaria and fever. Lol.

No the friend is not sick or having any ailments it’s just illusion, there might be an iota of truth that the friend did dreamt of bitcoin price because one thing about dreams is that it’s an illusion of what you think about throughout the day or what you talk about most, some people usually dream about it later in the dream. Maybe OP’s friend obsession is what made the dream.

But dreams have nothing with bitcoin price because the price is influenced by demand and supply as you say but that doesn’t rule out the possibility of $65k happening this year because the market is unpredictable and even if the last quarter is supposed to be bullish, we saw even last year own to be bearish after long period of bullishness

[LFC_Bitcoin]

I think it was a dream and you shouldn’t think about it too much. It’s possible we could go significantly lower but it’s getting to the point in the cycle where the bottom should be in.

Hopefully we close the year above $100,000. That would be really good.

[Pikiboy]

There could be some red flags here. It could be nothing but also the following could be a case worth thinking about. Someone who even dreams about bitcoin price and in a negative way (market crash since that's over 20% drop) is thinking about the price too much. It could be an indication of taking too much risk, like someone who has bought more than they could afford and are now concerned about losing a lot of money in case price drops. If that's the case they may want to take steps to reduce their stress. It may require selling a small amount.

If we track back history of Bitcoin you should always know that from Q4 to Q1 the next year that Bitcoin price always increases, but saying that we would see dip is not unbearable.

I don't put too much emphasis on past behavior since there are always exceptions.
But at this point, we are on a very slow uptrend where price should keep rising in steps. Last one brought us from below $70 to above $80k. Next one could be testing $100k.

And if nothing changes the 40 days of accumulation (roughly since Sep. 21) in this sideways market above $80k would lead to the next leg up.

You are right and I see that there some flag there..
When you watch someone thinking too about the market, you would see that such person may likely go to bed with the last memory of the Bitcoin market were that is only thing he could be thinking about.
However, the market has been in same position for long now and there is possibility that it would break out from this 80k plus to nearly 90k and or above that.

[Agbe]

Before someone dream of bitcoin coming down or up, he has been thinking of bitcoin for all year long to rise up so he can .ake a profit but because of the recent rise and declined of prise, malaria has struck him to dream in the negative way. But nothing is impossible in the prediction of bitcoin because of it volatility but to the extent of going down to $65k looks like impossible.

Op let me correct one thing for you. Next year is not a year bitcoin will rise up but after year which is 2028. By right next would been a year of bearish base on the halving and it was after the Halving that we can see a good rate of it but I know that it was because of what happened last season, the price increase before the Halving, most of us now is talking that scenario as the authentic cycle to calculate the price increase. That is not correct.

[aioc]

I was actually not satisfied with someone walking up to me telling me that he saw the price of Bitcoin dropping to around 65k.
, when someone would walk up to you and telling that he dreamed and see Bitcoin drop around 65k from this months to next month,

What do you think? Do you believe on dream?

Dreams are not facts, and most of the time, they're very different from reality. The cryptocurrency market is a highly volatile market; it's hard to predict exactly the price movement, even though experts have failed to accurately predict it, what more for someone who has just dreamed it.
If someone comes to you with a dream, ask him how accurate his dream is. He just wants to show off that he is gifted in predicting through dreams. You can easily prove that he is wrong; there's only one Edgar Cayce in history

[DPHOR]

If you ask me, I will say that op friend or whomever that dreams is suffering for Malaria and fever. Lol.

No the friend is not sick or having any ailments it’s just illusion, there might be an iota of truth that the friend did dreamt of bitcoin price because one thing about dreams is that it’s an illusion of what you think about throughout the day or what you talk about most, some people usually dream about it later in the dream. Maybe OP’s friend obsession is what made the dream.

But dreams have nothing with bitcoin price because the price is influenced by demand and supply as you say but that doesn’t rule out the possibility of $65k happening this year because the market is unpredictable and even if the last quarter is supposed to be bullish, we saw even last year own to be bearish after long period of bullishness

I will accept it as an illusion, because it's something that most people really think about or mostly talked about.
If Someone is basically talking about a particular thing that is what they mostly see on their dreams as someone that is going happened.
Nowadays as we see the market, we don't think if the market would go East or South but is something we should at least be prepared about it. However, we already know that we two basic seasons which bull and bear and whenever it's bear we often see bear market and whenever it's bull, we would see the market remaining into a particular spots.

[Ishicryptic]

Everybody have a right to dream and speculate Bitcoin price as much as they want so bringing Bitcoin wishes and dreams into this speculation board is appropriate so OP friend can speculate as much as he wants but the truth is that he doesn't control the market. Nothing is impossible, Bitcoin can dip to 65k or lower, it can as well increase pass $100k, it depends on the demand and supply of Bitcoin in the market, a global fundamental can change the narrative of what most of us are predicting, although we are free to speculate but it is events which directly impacts buying and selling of Bitcoin that dictates where price will and it doesn't consider where we dream it to be, so we shouldn't take our Bitcoin speculations or dreams very seriously.

[Multani Boy]

And if nothing changes the 40 days of accumulation (roughly since Sep. 21) in this sideways market above $80k would lead to the next leg up.

"if nothing changes" is carrying the whole prediction tbh. 2021 had sideways accumulation ranges like this too and some broke down instead of up after similar length. Pattern existing doesnt tell you direction, only that something's coming.

It could be an indication of taking too much risk, like someone who has bought more than they could afford and are now concerned about losing a lot of money in case price drops.

yeah this part I actually agree with no caveats. anxiety dream about your bag = position too big for your nerves, not some prophetic signal. simple as that.

[Brizi5000]

I was actually not satisfied with someone walking up to me telling me that he saw the price of Bitcoin dropping to around 65k.
To be sincerely speaking, I have never thought and think that something like this is actually possible or likely to happen, when someone would walk up to you and telling that he dreamed and see Bitcoin drop around 65k from this months to next month, whereas we know that this month is actually a month of bullish for Bitcoin movement. If we track back history of Bitcoin you should always know that from Q4 to Q1 the next year that Bitcoin price always increases, but saying that we would see dip is not unbearable.

What do you think? Do you believe on dream?

That’s a dream, but reality is that bitcoin is highly volatile, and it’s unpredictable. No body knows or can predict what the price will be even in the next few minutes. Mind you, don’t also rule out the possibility of something like that happening in a highly volatile asset like bitcoin. Bitcoin have the potential to go up or down at whatever month as the price of bitcoin is influenced by so many factors, supply and demand is the most notable factor whereas other factors still exist but we don’t know. So anything is possible in bitcoin and at same time nothing is guaranteed also.

[UpTober]

You dreamt at night and remember it when you wake up in the morning and you should forget those things there because what you see in your sleep is never a dream but you have a strong desire to do something, that is your dream. I do not believe that the market will come to a certain level according to the dream that people dream. The market changes on the basis of buying and selling. Again, it cannot be said that the market is dumping or pumping at a certain time of the year, if the market was dumping or pumping at a certain time, then people would still invest at that particular time but no one has any idea about this, so investors consider buying consistently to be a safer zone.

I hope you will forget the things in your dream and try to make the right decision after coming back to reality.

[Derekfunds]

I was actually not satisfied with someone walking up to me telling me that he saw the price of Bitcoin dropping to around 65k.
To be sincerely speaking, I have never thought and think that something like this is actually possible or likely to happen, when someone would walk up to you and telling that he dreamed and see Bitcoin drop around 65k from this months to next month, whereas we know that this month is actually a month of bullish for Bitcoin movement. If we track back history of Bitcoin you should always know that from Q4 to Q1 the next year that Bitcoin price always increases, but saying that we would see dip is not unbearable.

What do you think? Do you believe on dream?

There is nothing actually wrong if someone walk up to you and told you this I mean it is a dream right? And what happen whenever someone dream is that either the dream come to pass or not so that should not be a challenge and you should be responsible and accountable in whatever you want to do with what the person told you. In my opinion there is a possibility that it can happen but maybe it won't be this period or interval the person mentioned.

[aoluain]

I was actually not satisfied with someone walking up to me telling me that he saw the price of Bitcoin dropping to around 65k.

You almost describe it as your nightmare!

The Bitcoin market dropping to $65k in October is not the end of the world, it would be but
a momentary price point in the markets history. It would actually bring about a fantastic
buying opportunity, so it would be a dream for us to be able to do so but for others like the
OP it would be a nightmare scenario!

[hyudien]

What do you think? Do you believe on dream?

Speculations that still rely on data are not always accurate when talking about predicting the price of bitcoin, and your friend only has a dream? sure, it could be a dream come true but it's just a coincidence, my calculation points out, I see the price movement is fairly slow, stuck at 80k, but the tendency to rise slowly will probably occur rather than decrease to 65k as dreamed by your friend, and I think maybe your friend is under psychological pressure when he sees the market conditions that are happening now so he dreams of a price drop for bitcoin.