Be Prepared for the big dump. - page 3.

viananda2525

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Quote from: shogun47 on June 22, 2021, 07:42:13 PM

Quote from: aprilnot on June 21, 2021, 07:03:01 AM

Quote from: shogun47 on June 21, 2021, 06:49:44 AM

Quote from: Yamifoud on June 20, 2021, 07:35:20 AM

Quote from: AzamNurWahid on June 20, 2021, 06:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

Talking about possibilities you can't ignore anything, but realistically speaking I don't think we will see $10k again. The buying support will just be too strong from all directions. In fact a lot of people would wish for Bitcoin to go to 10k so that they can also have a chance to tap their toe in the crypto water. 10k at this point seems close to impossible for me.

it's true that 10k is an unrealistic price. there will definitely be a big wall preventing that from happening. even before the price reaches 20k, there will be a lot of people queuing to buy bitcoins. but regardless of how far bitcoin falls, it will still have an impact on altcoins later. and one thing that can not be avoided at this time, the down trend has started. so just pray, bitcoin can survive this pressure.

$20k would be an absolute critical psychological barrier because that was about the all time high we saw during the last bull run. If we break that I think that could cause a lot of panic because thus far we haven't fallen below former ATHs in the following bull run. I would say it would catch people by surprise if out of a sudden we fall below $20k, me included...

buying on 20k level and hold it for long term will be great deal for our investment, no matter if its drop again to lower level again. retail traders will be so panic when it realized, just comparing with current price most of them selling their assets and cut loss. Now we must prepare our mental and fund if bitcoin price could drop to 20k. maybe this range will be best place to buy .

Coroline

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Quote from: Shikha99 on May 19, 2021, 11:21:22 AM

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

Seeing the FUD news that is so incessant, since Elon said that bitcoin mining is not environmentally friendly and the Chinese government also responded to the mining ban in their area, whether this is just a strategy to kill bitcoin and altcoins or just make them richer.

Only people who dare to take risks and can see there is an opportunity now to return to take profits in the future. When the OP made this post he was just looking at it from a technical point of view and today happened, and is this the low point? Let's see

shogun47

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Quote from: aprilnot on June 21, 2021, 07:03:01 AM

Quote from: shogun47 on June 21, 2021, 06:49:44 AM

Quote from: Yamifoud on June 20, 2021, 07:35:20 AM

Quote from: AzamNurWahid on June 20, 2021, 06:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

Talking about possibilities you can't ignore anything, but realistically speaking I don't think we will see $10k again. The buying support will just be too strong from all directions. In fact a lot of people would wish for Bitcoin to go to 10k so that they can also have a chance to tap their toe in the crypto water. 10k at this point seems close to impossible for me.

it's true that 10k is an unrealistic price. there will definitely be a big wall preventing that from happening. even before the price reaches 20k, there will be a lot of people queuing to buy bitcoins. but regardless of how far bitcoin falls, it will still have an impact on altcoins later. and one thing that can not be avoided at this time, the down trend has started. so just pray, bitcoin can survive this pressure.

$20k would be an absolute critical psychological barrier because that was about the all time high we saw during the last bull run. If we break that I think that could cause a lot of panic because thus far we haven't fallen below former ATHs in the following bull run. I would say it would catch people by surprise if out of a sudden we fall below $20k, me included...

hari9981

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Quote from: jahepahit on June 22, 2021, 06:30:26 PM

this dump is already on course now, there is more probability of going lower as there is no sign of quick recovery now. its one of the norms of trading and crypto especially. dips are blessings to become rich for anyone who can take the risk. watch and prepare to buy.

Its also a way to become poor for sure, be picky on the project u want invest to. Theres plenty altcoin who have a big retracement like EOS, from 14.88$ to 3.42$ which about -75% .
I dont know what worse it can be, but im starting to accumulate EOS, and some PoS coins to averaging down my loss.

jahepahit

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this dump is already on course now, there is more probability of going lower as there is no sign of quick recovery now. its one of the norms of trading and crypto especially. dips are blessings to become rich for anyone who can take the risk. watch and prepare to buy.

KennyR

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There is little resistance gain which has made the bitcoin get pumped. Looking over the market it seems like perfect play of the whales to make use of the down market. Soon we can see large number of other corporate networks to acquire more volume of bitcoin. The potential of the network is being identified and the same is making whales play on it.

jacklloo

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Quote from: bahagia93 on May 19, 2021, 11:37:25 AM

Quote from: Shikha99 on May 19, 2021, 11:21:22 AM

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
in my opinion it will go more and more dump cause in 2017 same dump, so we have to wait more 4 year for the boom i think, people can see the charts it will freak the hell of you. you said everything is true.

pixie85

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Quote from: Farma on June 22, 2021, 11:56:04 AM

Earlier, the dump that happened was already under $30k, and many people panicked because of it. even though the bitcoin price is now above $31k again, almost all altcoins are still affected by the recent dump. I think, in order to recover the market, the bitcoin price needs to go up and stay at $45k, and I think the altcoin price will start to recover.

Price would be above 43 thousand if there were no continuous bad news flowing through. This is a set up made to dump the price as much as possible and I'm not going to dance to heir music.

We were at a top showed by a pi cycle indicator and most traders saw there was a weakness and lack of buyers above 60 thousand. Think about it for a second. There was no FUD when we were breaking 30, 40, 50 thousand and then everything started all at once. Musk hating on bitcoin, the sec considering regulation and china banning mining.

CaptainDeFi

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I think the best time to buy now
we were waiting for that moment to load our bags
today I choose CRPT crypterium.com/crpt

jasonjm

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Looking at the current market trends it is obvious that the market correction is here to stay for few months or a year. And the chances are that we might see BTC dropping below $30k in coming weeks or months, so brace yourself and hold. If you haven't bought anything then this is the time to invest.

conected

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Quote from: hari9981 on June 21, 2021, 04:06:25 PM

Its easy if you didnt need cash, sadly most of us cant hold with that condition. Do you have plan to averaging down while dump happen or just a pure hold till the price pump?

For me personally at this time I only apply two ways, first I will stick to what I have bought at a slightly higher price than now and second I will buy a few more coins at a lower price than now, that's what I apply from now on.

- The two most popular options but only for altcoins that have the basics like their own team and wallets that combine very real applications in the market as a foundation to help reduce costs and many other things and their values also need to follow the heartbeat of the market. For exceptional cases, major market disruptions will be used as a plan to take down the project and end the proposed promises, it's rather sad if we forget to prepare in this case, quite a few people have been sleeping deeply in victory

Farma

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Earlier, the dump that happened was already under $30k, and many people panicked because of it. even though the bitcoin price is now above $31k again, almost all altcoins are still affected by the recent dump. I think, in order to recover the market, the bitcoin price needs to go up and stay at $45k, and I think the altcoin price will start to recover.

Digital_Lord

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You were right that was a big dump. The market is still dumped and not stabled or Recovered. No one knows that how much time we have to wait for a big pump. I think we can see the pump in 2-3 months. Because the market can't be in a dump for a long time. Everything must go up after the big dump and everything must go down after the pump. So it is the same as this. There was a big pump in altcoins from the beginning of 2021, that's why there is a dump.

$anounimus$

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Quote from: ?? on ??

the problem is I can't see the monthly bitcoin chart in tradingview, and can only see from 1 year to 5 years and all.
but when i try to see it on binance it looks terrible because from april to june the chart shows a downtrend for 3 months and it might continue.

Doesn't tradingview provide complete charts from one day, one month to one year? because tradingview charts have also been used by some good exchanges, although exchanges like Binance have used their own.

richcorner100

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I still optimistic the crypto market will turn in to bull run again if price of BTC just stay above $30k for 1 or 2 month more, because sideaway for longer duration is mean that for accumulation, but if this level price broke, the market can be changing to bearish.

iTradeChips

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Quote from: Dr.Osh on June 21, 2021, 11:30:36 PM

Quote from: ?? on ??

I saw the price of bitcoin dropped drastically today, is this a sign of a big dump? or just a correction. what do you think guys?

Well, I think the price correction has been completed, and at the moment we may see prices being dumped. however, I think there will be a bounce back from this, and the price might go higher. to be honest, I expect the bitcoin price to hit $100k for this year, so I plan to keep holding my asset even if there is a decline or price correction. at the moment, we are seeing price drop caused by china I think

Many are thinking that this is the real correction, that whatever Bitcoin price will turn up in the next few days, will be the final and the right price of cryptocurrency. So for those who bought at $60,000 before, you need to wait a little longer for the price to go up high. I am pretty confident, like the rest of the old timers here, that Bitcoin will do just fine, and we just have to concentrate in making the right financial and investment decisions so that we will minimize losses.

sunny28

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This has happened more than once in the cryptocurrency market. You can plunge into history and see that there were already bans in China, but after such a hype, a permit was again introduced, but with more stringent rules.

After the growth, a correction is needed, absolutely every person in the market knows this. For almost six months, there was a continuous growth in the market and it is clear that after this there should be a correction.

cabron

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Quote from: Shikha99 on May 19, 2021, 11:21:22 AM

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

I also believe that the 2017 trend is repeating itself now, maybe the bitcoin price range is $20k, but I'm not worried about this condition, instead buying more is the best option to get big profits.

No time to be optimistic now, if you have something to dump do it now or else you suffer the loss. Its not good when there is something to regret when you could avoid it today.

Selling even thousands of my ADA just to make sure I'd free of it I will just wait for it to be probably less than $0.10 and probably BTC will just dip to $10k-$15K. Its not a good feeling but its just where the market is going.

john1010

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Yeah, we must prepare to buy more and make your own shopping list now, because this coming dump is become a great success to all the buyers, Dump must be happen for the new investors have their chance to buy cheaper coin.

alevlaslo

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Repeat the cycle every 4 years, even to the grandmother do not go:

1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year

Start to 300 000 dollars soon, price became 1100 after 6 months:

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