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Topic: Any further forecast? - page 3. (Read 617 times)

full member
Activity: 1330
Merit: 147
January 14, 2020, 09:53:13 AM
#14
People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.
Indeed there is no guarantee but one thing that you should know when you intend to buy bitcoin moreover it is for long term investment you don't need to worry that you will be lose all your money. The speculation against bitcoin if you see per years then you will be watch that there will be many people/investor who says bitcoin price will be higher then now.

It means, there will be many investor who will keep their bitcoin on their wallet even there will be many people who try to add the capital to buy more bitcoin. So based of that me myself especially try not to worry with bitcoin price movement, I'll be happy if bitcoin price going up and I'll be stay calm when bitcoin going down.
sr. member
Activity: 567
Merit: 250
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January 14, 2020, 09:23:52 AM
#13
People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

Just what you are saying. Others are saying this while some others are saying that. Some say the price of Bitcoin has bottomed out. Some say we are still not getting totally free from the bears. What does that mean? Everyone has his own idea of a market that cannot be totally analyzed and understood. I'll sit down at the side waiting for the better days.
legendary
Activity: 3024
Merit: 2148
January 14, 2020, 09:02:23 AM
#12
but I believe that the collapse will happen before the end of this year, up to the levels of 3000 dollars.

What.

That price level is long go, there's no way we will return to it, the next bottom will be around 7-9k, and it's very unlikely it will happen by the end of this year - we first have to go through the bull market and then at the end of a bull market will we have another bottom. If next bottom would be the same as the previous bottom, it would be bad news for Bitcoin.
legendary
Activity: 2702
Merit: 4002
January 14, 2020, 08:05:27 AM
#11
The price has proven a strong ability to maintain $ 8000 levels for several days, but unless we see a rise in safety levels at $ 9,600, we may return to $ 7,400 when there is any breakdown or bad news.

Hopes are still high, so it is possible to see the levels of 14,000 dollars before May, but I believe that the collapse will happen before the end of this year, up to the levels of 3000 dollars.

In general, waiting is the best, we may see stability levels at 9,600 or a return to 7400, this is my best guess.
hero member
Activity: 1750
Merit: 589
January 14, 2020, 08:04:05 AM
#10
Prices are rising, BTC sitting at $8.5k, People having hopes that the dark clouds above the market are gone, who wouldn't say that the bear market is over with those things happening? Especially with all the talks about FOMO of BTC halving, everyone would get swept up the wave. And even if you don't, you'd still have that tiny bit of hope inside of you that what they are actually saying is true, and BTC is soaring right now. A lot of possibilities could come true tbh, but most of us hope that downward slopes are over.

If you really want to be sure of what you believe in, DYOR. That's it. Stop looking for online analysis results, random YT announcements of BTC rising whatnot. That's basically the only thing that could make you believe something tbh.
legendary
Activity: 2716
Merit: 1102
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January 14, 2020, 07:15:16 AM
#9
People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.
if people think that there will be more dumps, they should sell their current assets. Well, right now the price is quite high compared to the previous price, so isn't this a profit for them? I thought it was just the FUD that was feared, and spread to those who felt it would happen.
however, prices are currently rising, and this increase may continue until halving is passed.
legendary
Activity: 3052
Merit: 1188
January 14, 2020, 06:49:48 AM
#8
There is still a long way to go before we can call this a bull run, we are on a good run and I am not going to try to steal that fun out of people by saying it is a bull trap neither because bull traps usually happens faster, when the price is so high for so long that is not really a bull trap, when it is going up people buy to be part of that going up thing and price then plummets which is what a bull trap is, when you are over $8k for weeks that is not really a "trap" anymore. This is why I feel like we had a good increase but not big enough to call a "bull", not every increase in price has to be a bull, it is just a simple regular increase, it is also not a bull trap, our people have to realize (wall street people already know this) not all increases are bulls and not all drops are bears.
legendary
Activity: 3304
Merit: 1617
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January 14, 2020, 06:20:58 AM
#7
Do your own research.

In the long term every time you buy bitcoin now is a good thing. The halving is in May so anything you buy now is almost guaranteed to make good profits within the next 2 years.
sr. member
Activity: 1111
Merit: 255
January 14, 2020, 05:51:12 AM
#6
The price of bitcoin today is not naturally raised and is likely to be some responsible for this event. Maybe it was the whales who were making a trap to some new investor to buy bitcoin now.  So we have to be careful and not give in to the emotion of buying bitcoin right away.
It is better to be careful now with our decisions especially as the price of bitcoin is very unpredictable.
hero member
Activity: 3052
Merit: 651
January 14, 2020, 05:05:26 AM
#5
Yeah, it could be a bull trap.
But for whom? I believe it is just for FOMO's and then the weak hands.
Being a FOMO you buy while the price is increasing.
Being weak you sell when there is sudden stop at the pump which is happening.

When they are ll getting weak and they are losing funds, that is the time buyers will come for a cheaper price.
Sounds like an old trick already. Will it work? Let us see.
sr. member
Activity: 1330
Merit: 291
January 14, 2020, 04:58:30 AM
#4
My take is you do not listen to them. They can have an interior motive why they are telling these.  And besides, everything they have is all speculation and as good as your own speculation.

I suggest doing your own homework. Do your own TA and research and act to it accordingly. It does not matter if it is bull or bear trend. Enter the market when your TA suggests it and exit when you have enough profit.
Is there any where to further do more research on the market trend of Bitcoin than here? I don't think so because most of the expert Bitcoin traders are here and I believe there is always element of Truth in most of the public analysis here in this forum. If you advise one to only take profit only when the person has made enough profit to me is not a good advise because the person may end up holding up to hear her position for a long time of which such person may end up not making reasonable profit at the end.
hero member
Activity: 2702
Merit: 672
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January 14, 2020, 04:42:35 AM
#3
There is a chance of the bear run being over, with how BTC broke the $8.5k level just recently, and the bulls trying to push through to $8.6k. But it stands only as a chance. There's still a possibility of it going back down, just like what happened a few days ago where BTC pulled down to $7.7k after a run to $8k for two days.
As it stands though, a lot are looking at the market positively because of the recent $8.5k run by BTC, which is probably why they are spreading the word of the bear market being over.
legendary
Activity: 2240
Merit: 1069
January 14, 2020, 03:38:18 AM
#2
My take is you do not listen to them. They can have an interior motive why they are telling these.  And besides, everything they have is all speculation and as good as your own speculation.

I suggest doing your own homework. Do your own TA and research and act to it accordingly. It does not matter if it is bull or bear trend. Enter the market when your TA suggests it and exit when you have enough profit.
sr. member
Activity: 1638
Merit: 261
January 14, 2020, 03:10:22 AM
#1
People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.
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