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legendary
Activity: 1652
Merit: 1265
June 11, 2022, 07:11:46 AM
#32
Does it matter?
Zoom out and you will notice that just waiting 4-8 years is certain profit
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
June 11, 2022, 03:11:11 AM
#31
I'm expecting to take the price of 40k as the highest we can reach this end year  because I know that this 2022 is a harder year since we have freshly comes from the Bull market so expected that this year and the next to be harder for all of us.

but if we can make it 50k? then I will be glad as I am planning to get out this year to wait for 2023 as surely market will fall more till 2025 .
legendary
Activity: 3472
Merit: 10611
June 11, 2022, 01:09:33 AM
#30
There is a lot of speculation that bitcoin will drop to the $20k-$23k price range but hopefully, that's not really the case.
Whenever bitcoin price doesn't rise (remains stable) there is a lot of fake speculation that talk about a bigger drop. Remember a couple of years ago when price was stuck at $3k range and wasn't able to break the $4k resistance? By that time there were hundreds of speculation saying "bitcoin will drop to $1k" but we all know what happened instead.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
June 10, 2022, 10:47:08 PM
#29
Rise at the end of June? That's pretty early actually.
I'm not expecting any bullish trend this year, Bitcoin going sideways indicates buying pressure and selling pressure becomes even. People thinks, $30k would be close to the bottom, while traders sell above $30k.
I should say, Bitcoin will have another run next year or some time near the halving.
Who knows, the price may rise again even though it hasn't been able to get back close to the last ATH, that will be okay.
At the very least, we can get a hefty profit if the bitcoin price can rise to the $40k-$50k range.
But the current trend indicates that the bitcoin price will still move sideways and there is still a chance for profit.
There is a lot of speculation that bitcoin will drop to the $20k-$23k price range but hopefully, that's not really the case.
hero member
Activity: 2604
Merit: 548
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June 10, 2022, 07:15:48 PM
#28
We're in the middle of the 4-year cycle.

What kind of mid-cycle are we talking about and where do these cycles come from and why, after the market recently reached the new ATH, is this the middle of a cycle? Can you elaborate on this, this is the first time I hear this theory?

I calculate the cycle from halving to halving. 4 years.
A rough calculation tells that at around 1.5 years after halving there's the ATH and the downtrend starts, after one more year (more or less) it's basically in the crypto winter and from that point we're getting slowly back to bullish trend, and in 1.5 years there's halving again.
Am I wrong?
We're on the cyclic pattern of market movements. Similar thing happened during the previous halving. The price crashed down to $3k range and bounced back marking the Ath price when the traditional market is facing the hard time out of the pandemic. The upcoming halving is scheduled for month of March 2024. This down market seems to continue till the end of 3rd quarter which is September.
legendary
Activity: 2842
Merit: 3536
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June 10, 2022, 03:52:03 PM
#27

Many TA speculators sees the price has bottomed. I would expect the price to jump high.

If it weren't for those wallstreet guys trying to liquidate the leverage traders to hit thier margin call. BTC may actually go up by now. JPmorgan estimated the actual value of BTC is actaully $38K. Maybe they tend to lure people to go for futures and they're trying to liquidate those traders.

There is this particular website, can't be bothered to look it up, I want to say CoinIdol or DailyHodl but don't want to get libelous ha ha. Posting about two or three TA type news picked up from rando Tweets, followers varying from 10-500k..

But yeah, TA speculators are aplenty. All due respect and I know they mostly are sharing for the discussion but just gathering the daily items on these sites, you know it is always 50-50 in most cases.

But this time, the majority just from what pokes out at me actually believes the bottom is not in yet.

Plenty of fear still lining the notes on the TA.
hero member
Activity: 2590
Merit: 549
Rollbit
June 10, 2022, 04:20:59 AM
#26
The second half  of the year 2022 is indecisive for now because the bitcoin chart is looking too noisy and there is no strong candle to suggest any new upward trend even on higher time frame. I think the end of June will give a clearer picture of what to expect in the second half, a major breakout will tell where the market will possibly move next for now the month of June might either be choppy or range trend.
It seems difficult for us to predict what will happen to bitcoin towards the end of the middle of this year, the many pressures that exist in the market make the price of bitcoin experience a significant decline unexpectedly, just like all of us here, I hope if the price of bitcoin can get back on the trend positive that is able to push the price of bitcoin back up later and at the end of june maybe we will see if whether our expectations will be fulfilled or not at all.
In the middle of this year, there is no sign of bitcoin going up again but the price tends to stabilize in the $28k-$31k price range and we can only hope the price can rise again at the end of June or next month.
But maybe the one that will go up first is the altcoin but it could also be bitcoin and this is still a mystery because there is no definite sign about this.
With so much support from many parties, it makes the journey of bitcoin even more difficult to predict and we must be more careful when entering the market.
We can expect the bitcoin price to rise again at the end of June and better prepare ourselves for its arrival.

Rise at the end of June? That's pretty early actually.
I'm not expecting any bullish trend this year, Bitcoin going sideways indicates buying pressure and selling pressure becomes even. People thinks, $30k would be close to the bottom, while traders sell above $30k.
I should say, Bitcoin will have another run next year or some time near the halving.
legendary
Activity: 1414
Merit: 1118
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June 10, 2022, 03:35:15 AM
#25
I expect stagnation and slow decline. With this global economic turmoil, high risk assets don't seem attractive to many investors. Most of the doomers have likely already sold, so the price shouldn't fall below $20k, I'd expect it to slide to 24-25k and stay there. The true bull market will come somewhere in 2024, together with new halvening.
There can be global turmoil but this is not what will affect the crypto market to go bearish, even if the global economy is good, we should still expect further decline as crypto price generally, it happens in 2014 and 2018 and their first 5 months we had this year almost correlate with the past time, I will not be surprised at all the see further decline of crypto price. A time may come that the 4 year cycle may not occur, but not this time, not this year.
hero member
Activity: 2870
Merit: 574
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June 10, 2022, 02:05:28 AM
#24
The second half  of the year 2022 is indecisive for now because the bitcoin chart is looking too noisy and there is no strong candle to suggest any new upward trend even on higher time frame. I think the end of June will give a clearer picture of what to expect in the second half, a major breakout will tell where the market will possibly move next for now the month of June might either be choppy or range trend.
It seems difficult for us to predict what will happen to bitcoin towards the end of the middle of this year, the many pressures that exist in the market make the price of bitcoin experience a significant decline unexpectedly, just like all of us here, I hope if the price of bitcoin can get back on the trend positive that is able to push the price of bitcoin back up later and at the end of june maybe we will see if whether our expectations will be fulfilled or not at all.
In the middle of this year, there is no sign of bitcoin going up again but the price tends to stabilize in the $28k-$31k price range and we can only hope the price can rise again at the end of June or next month.
But maybe the one that will go up first is the altcoin but it could also be bitcoin and this is still a mystery because there is no definite sign about this.
With so much support from many parties, it makes the journey of bitcoin even more difficult to predict and we must be more careful when entering the market.
We can expect the bitcoin price to rise again at the end of June and better prepare ourselves for its arrival.
legendary
Activity: 2492
Merit: 1018
June 10, 2022, 02:05:21 AM
#23

Many TA speculators sees the price has bottomed. I would expect the price to jump high.

If it weren't for those wallstreet guys trying to liquidate the leverage traders to hit thier margin call. BTC may actually go up by now. JPmorgan estimated the actual value of BTC is actaully $38K. Maybe they tend to lure people to go for futures and they're trying to liquidate those traders.
legendary
Activity: 3542
Merit: 1162
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June 10, 2022, 01:51:40 AM
#22
Bullish is what I am expecting for the upcoming second half for sure. If we had a time to drop this low during the first half of it, then why shouldn't be capable of increasing back again for the upcoming period? It is totally possible for all of us to see something like that happen again. I am not saying that we are going to see 100k or 200k or something like that, it may not happen like that.

But at the very least we could see like 50k+? I mean would that be so hard to achieve, it should be something quite simpler and we would be able to make a lot more profitable decisions based on that. Hopefully we would be doing a bit better in the short term, like during summer, at least 40k, and then during autumn we would do like 50k+ and get in 2023 with an increasing momentum.
sr. member
Activity: 2800
Merit: 344
when lambo...
June 09, 2022, 07:23:38 PM
#21
The second half of year we might be getting a relief rally towards that time, maybe if FED should take a brief on interest rate hyke.
If that does not happen and they continue with raising the interest trying roll off the blansheet, we will continue to get pump and dump until they pull out that rug, thereby eventually sliding into 2023 where we will start creeping up at little until 2024 halving.
That is what I'm thinking and I think we are still just in the middle of the bear season. Never be the FED could help to have the rally again, I was waiting for the whales to become active again as they are more influential than them. Until we don't hear any from them just like they did before, we don't expect the market to rally again.

Well, if we could see the past bear season, it takes for almost 3 years to be in spike again. We are just at the start, therefore, we still about to see the market like this until the end of this year.
full member
Activity: 756
Merit: 105
Trphy.io
June 09, 2022, 02:59:51 PM
#20
The second half  of the year 2022 is indecisive for now because the bitcoin chart is looking too noisy and there is no strong candle to suggest any new upward trend even on higher time frame. I think the end of June will give a clearer picture of what to expect in the second half, a major breakout will tell where the market will possibly move next for now the month of June might either be choppy or range trend.
It seems difficult for us to predict what will happen to bitcoin towards the end of the middle of this year, the many pressures that exist in the market make the price of bitcoin experience a significant decline unexpectedly, just like all of us here, I hope if the price of bitcoin can get back on the trend positive that is able to push the price of bitcoin back up later and at the end of june maybe we will see if whether our expectations will be fulfilled or not at all.
legendary
Activity: 3668
Merit: 6382
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June 09, 2022, 02:42:26 PM
#19
We're in the middle of the 4-year cycle.

What kind of mid-cycle are we talking about and where do these cycles come from and why, after the market recently reached the new ATH, is this the middle of a cycle? Can you elaborate on this, this is the first time I hear this theory?

I calculate the cycle from halving to halving. 4 years.
A rough calculation tells that at around 1.5 years after halving there's the ATH and the downtrend starts, after one more year (more or less) it's basically in the crypto winter and from that point we're getting slowly back to bullish trend, and in 1.5 years there's halving again.
Am I wrong?
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
June 09, 2022, 12:07:32 PM
#18
The second half  of the year 2022 is indecisive for now because the bitcoin chart is looking too noisy and there is no strong candle to suggest any new upward trend even on higher time frame. I think the end of June will give a clearer picture of what to expect in the second half, a major breakout will tell where the market will possibly move next for now the month of June might either be choppy or range trend.
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
June 09, 2022, 11:04:04 AM
#17
I was one of the people who expected that the price would break 70K by last April and unfortunately we only reached about 48k and then I had to sell some bitcoin at a price of about 29K (I had to sell  Cry )

Personally, I hope that we will get 55k levels because it means that I will compensate for my loss in the short term, but if there is an increase, it will be temporary, followed by a strong correction, so it is likely that we will witness four months of crazy changes or stability at the levels of 30K.

Generally, the best plan for now is to leave a little cash around if the price collapses in order to buy more.
legendary
Activity: 3668
Merit: 6382
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June 09, 2022, 09:18:49 AM
#16
but there is still a chance to return to 40-50k this year

If we get back there is already very much okay, really.
We're in the middle of the 4-year cycle. If the historical data means anything the next 6 months the price may not go higher, may even get lower.
However, we had some sort of double-ATH/double bull run this cycle, so I would not be so much surprised if more modifications will happen in the (more or less) pattern.
If this means earlier start of the bull run, or at least a bit of recovery, even better.
hero member
Activity: 2632
Merit: 833
June 09, 2022, 05:49:38 AM
#15
If we look at the market movement right now, this is bearish. So I'm not expecting any huge change in the next 6 months, on the contrary, it could be worst because the war in Europe is still on-going.

Worst meaning, the price could still go down and we might see another bottom, lowest low.

We've seen this in 2018 and it could be another repeat this bear cycle. And it's better not to expect something big in the second half, just saying.
hero member
Activity: 2744
Merit: 761
Burpaaa
June 09, 2022, 04:44:29 AM
#14
Bitcoin usually continue the trend of the 2nd half but change the trend around October to December with greater volume either down or upward. I think the current price movement is just a preparation for a big pump on the Q4 because the price keeps battling the bears just to keep above 30K many times. I’m still optimistic that Bitcoin will recover and attempt to reach new ATH on Q4 this year despite there is recession looming around the world.
legendary
Activity: 1414
Merit: 1108
June 09, 2022, 04:38:02 AM
#13
For this thread to have presented some accurate prediction on the activities of bitcoin in the second half of the year, maybe if it the thread came a lot more earlier than this, it would have been fun to test once closeness to accuracy with the market still way back to play out. Although, the effort and intent as I see it is not totally defeated as 6months ahead could be a long time.

Taking a page in this, we've seen bitcoin dump in a bearish market in such a way that wasn't anticipated and it dumped suddenly and dip too. What to expect next is a period of consolidation where the market gets to struggle back up, with the bulls gaining momentum at each step on the way in preparation for a bullish market during the halving yet to come. So what am expecting is some slight move to the top, let's say $55k and then it stabilises for a long time.
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