Alt coins are About to pump again! - page 8.

Desmong

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Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
Roll Eyes

Very soon we are going to enter the next phase of the market since is shows like the dip of Bitcoin had been exhausted and soon altcoins season will come onboard. Looking at the Bitcoin price trendlines, we can see that Bitcoin had already touched the last support and this is the time for us to get prepared for the next season of bull run. The market Is already ranging now before everything start going bull.

virasisog

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The volatility of altcoins is too high these days so there will be small pumps but would dump again later on. There are still lots of global economic issues that we're facing nowadays that pull down the price of altcoins so we can't expect the market to recover soon. I guess it could still take a little time so we still need more patience.

kensaii

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Quote from: boyptc on June 27, 2022, 06:06:33 AM

Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
Roll Eyes

We still don't know if that's the bottom.

But before an altcoin season comes, what we usually do see? Yes, it's the pump of bitcoin before anything else, that's what's the normal cycle that we see.

If this is the actual cycle and it will be followed by the altcoin season. Then, we should have seen bitcoin pump that much already but do we consider the $17k-$21k as the huge pump to follow the cycle?

Totally agree with you. Too much high hope for alts when the market still hasnt seen the bottom yet. That's like paying with a double edge sword since investment in alts now would be double suicide when both BTC down and your alts down harder.

danherbias07

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And just like that, it dropped again. I am not expecting anything yet. I don't see where the pump will come from. The economy of every country is still not doing good with the sanction that happened with Russia and the war.
Remember, a lot of things rely on oil and that includes the power which I can feel from my latest electric bill.
Then, there are motor vehicles that are needed to transport food and other necessities. As long as it is happening I don't see an investor putting money in cryptocurrencies again. We won't see demand from small investors too which creates a big impact on Bitcoin and altcoins.

Desscount

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Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
Roll Eyes

if you look at the ETH/BTC pair, I think there is a chance for an increase, because Ethereum is still in strong support.
but indeed right now if you understand the chart you will know that now ETH-BTC is also in the resistance zone, and if 0.057 breaks,
then we will see 0.067 even 0.07, once that happens, of course there will be a potential pump for other altcoins

boyptc

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Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
Roll Eyes

We still don't know if that's the bottom.

But before an altcoin season comes, what we usually do see? Yes, it's the pump of bitcoin before anything else, that's what's the normal cycle that we see.

If this is the actual cycle and it will be followed by the altcoin season. Then, we should have seen bitcoin pump that much already but do we consider the $17k-$21k as the huge pump to follow the cycle?

maydna

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Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.
Roll Eyes

That might happen for the eth/btc market but we have to be careful because we don't know what will happen next. If bitcoin is still like this and there has been no upward movement, there is a chance that the altcoin will get a pump like before and will trigger many coins to increase again. If that really happens, we can get ready with our coins and put them at the target selling price we want. Hopefully next month is a rally for altcoins, especially for potential coins so that we can get back to profiting from altcoins and finally profiting from bitcoin.

Oshosondy

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Quote from: monineklutak on June 27, 2022, 01:14:56 AM

It seems so and we can't help but have to be patient to see the Bitcoin price skyrocket again,

We are in the bear time presently, but the bull time is coming, but if my prediction is correct, the bull market is not going to be massive. Also if bitcoin price rise this time, altcoins will follow.

Quote from: monineklutak on June 27, 2022, 01:14:56 AM

altcoins are highly dependent on the price of Bitcoin although not all of them,

That is correct, altcoin price increase as bitcoinn price increase. We can say it is all of them, all altcoins, but just few may not follow the trend, some altcoins are even shitcoins which people may not buy in bull run time.

Quote from: monineklutak on June 27, 2022, 01:14:56 AM

we never know for sure when Bitcoin will return to its highest price and just keep following it

That is true but people can hold bitcoin and wait for the time to come and make profit from it.

monineklutak

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Quote from: 2stout on June 26, 2022, 07:44:10 PM

They will be the first pump you see will not be it. This first pump will be more like the dead cat bounce. Alt season will not be in full effect until Bitcoin truly moons again, which seems to not be anytime too soon. Patience will be key.

It seems so and we can't help but have to be patient to see the Bitcoin price skyrocket again,
altcoins are highly dependent on the price of Bitcoin although not all of them,
we never know for sure when Bitcoin will return to its highest price and just keep following it

GatotKaca

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Quote from: Cryptornd on June 24, 2022, 09:50:18 PM

but i dont think so that will be oump towards ATH. expecting just a relief rally only.

very far to reach ATH. will definitely need the help of a pump that is quite long. and it won't happen any time soon.
what is happening in the market today is an attempt to stabilize the market price after a major correction. once the pump gets corrected again, this will happen on a small scale.
we have to wait for the market to be ready to make a long rally. and now I haven't seen it.

BobK71

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There is no signal which shows from the market that it will pump very soon. Looking at the current situation, it seems that we have to wait a long time. Bitcoin is now stable at 20K but some alt coins pump though it is not for long time. There will have possibility to loss your assets if BTC goes further down from here. So think carefully before investing in anything new investment. But if you want to take the risk, prepare yourself and buy some potential coin.

cryptoaddictchie

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Whether its the bottom or not. I think this level is pretty decent entry too. If ever it goes down to 17 to 18k then still a good entry. A bounce like that could not mean a bottom point but regardless of the technicals thats way cheaper than few months back which is totally a big down right now.

Better move is doing dca to avoid such hefty losses. At least by dca we balance our portfolio at different prices.

yhiaali3

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Bitcoin is the basis, and according to what I see, the breach was made with a weak volume, while if the breach was with a good volume and the bitcoin was stable above 21700$, we could have seen a rise soon, so I expect that there will be a retest of the break, it is true that some altcoins did a good pump, but I do not expect that This is for a long time, the situation is now unstable and the trend cannot be determined whether it is bullish or bearish, so it is not possible to confirm whether this was actually a bottom or not. I think it is still early days and we need more time.

2stout

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They will be the first pump you see will not be it. This first pump will be more like the dead cat bounce. Alt season will not be in full effect until Bitcoin truly moons again, which seems to not be anytime too soon. Patience will be key.

shushu9977

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It is good for trader that almost all coins are pump, but this is going so fur or it will dump again. We see that there are many times, everycoins aredump at the lower order, but it will again back it's own position and crypto-trader sees it many times, so, be patience.

Falconer

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Quote from: mk4 on June 24, 2022, 10:45:24 PM

Bro. Again, you might be right (though I'm not betting on it), but you seriously can't make conclusions only based on this microscopic "bounce".

That conclusion will only help him (perhaps) because so far not many people are really convinced to say the altcoin rally post bitcoin correction price to $17.7K has started. I doubt about the altcoin rally, this is probably a normal situation for the post-correction recovery trend. So since we still believe there will be two sides to consider, then not betting is a good option.

jackg

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Quote from: GreatArkansas on June 25, 2022, 05:24:47 AM

For me, the move of ETH/BTC is almost the same as Bitcoin right now. But instead of buying Bitcoin, I rather buy Ethereum.
Speaking of the bottom, I am still not sure this time because there is still a possibility we will test again the recent bottom around $17,000. So I am expecting to visit the $18,000 - $20,000 if it will not happen, then for me, I can consider the $17,000 as the bottom now.

Are you actually buying eth now? Are you not worried about speculating on it for when the eth staking stops (just in case large amounts of eth are dumped on the market over a very short space of time - it might not happen but I'd consider it quite a risk on most cryptocurrency's pricing).

palle11

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The assumption by Op is so direct as if he saw tomorrow lol. Is still a prediction even when the indicators support that and he didn't provide such so we can see the analysis he is making. I think the bear is taking so many people a long time and the waiting is getting on them alot but then the 2018 bear lasted a longer time than what we have yet seen. We probably didn't see this coming because bitcoin flew to $64k.

mk4

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Quote from: Mr. Magkaisa on June 25, 2022, 04:37:09 AM

On this illustration in the graph I think it just only pump, that is why it quickly dumped at once, and of course the one who did this was one of the whale investors of course. They are truly blessed in terms of money. While us is waiting for spiking the price in the market for us to get the earnings so far here in the cryptocurrency.

How do you even come to the conclusion that it was caused by a whale lol? People always blame whales for whatever price movement, forgetting that it could also most likely be simply people collectively buying or placing long positions.

Bhig Daddy

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Well you have a point, but don't u think it to early to start getting into conclusion. You are making conclusions already based on a bare microscopic bounce. Well let all wait and see, at least for few more weeks.

Topic: Alt coins are About to pump again! - page 8. (Read 1375 times)