Bitcoin about to close at the highest price in 78 weeks! Looking strong!💪 - page 2.

TimeTeller

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Quote from: JoyMarsha on October 30, 2023, 04:59:20 PM

Quote from: BIT-BENDER on October 30, 2023, 10:28:50 AM

Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats a great news btw. I think everyone must have loaded their bags already for the bull run. I can sense no one will sold their bags until halving days and few days after that.

Loading your bags with Bitcoin all because of the coming bull run is actually not making sense. Those who had done this in the previous bull run had actually re-entered having to buy again. This isn't the last bull run and Bitcoin isn't ending after this bull run.

The overall plan is that everyone should have a said price they want to sell off their bitcoin during the bull run. Don't keep on accumulating and hodling bitcoin without a price target of when to sell. We should all at least have a target price.

As for me, I am accumulating and hodling my bitcoin assets till the price gets to $100k. I will sell up to 80% of my bitcoin holdings during the bull run and reinvest during the bearish market little by little.

Not many crypto holders can wait up until to $100k level, so you are lucky if you can wait for that price.
A lot have their short-term goals as they want to make profit as soon as they can.
And as much as possible, still it is advisable to buy with your extra funds, where you are not looking for immediate return of your investments.

LogitechMouse

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Quote from: SPARE on October 30, 2023, 01:23:24 AM

Quote from: big kid on October 30, 2023, 01:05:17 AM

We'll see. The sentiment is definitely bullish. I think that it's starting unless something terrible happens.

Yes I agree with you if there is no downside in the market then it is definitely a bull sign.

The problem is that, I expect some downside in the next weeks. Tongue

Kidding aside, it seems like many got surprised with the price increase happened in the last few days. I believe we are at a point where people are starting to accumulate already for the upcoming bull run possible next year. That ticker symbol really affected a lot, eh? Cheesy

Anyway, it's a good news that Bitcoin went up already, but for some who already saw Bitcoin's price reaching as high as $69,000 this is nothing to me TBH. After all, I'm just slowly accumulating more, and more Bitcoins, and I forget about the sentiments of the investors. Talking about being emotionless. Cheesy

Nevertheless, focus on your plan. If you do DCA, then focus on it. If you want to buy Bitcoin at once, and then hold it until the bull run starts then do it. The market is looking positive already after weeks of not having any price movement at all.

BitDane

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Quote from: BIT-BENDER on October 30, 2023, 10:28:50 AM

With the halving approaching I would advise new guys to avoid falling for trends and hype that would create FOMO and FUD because there would be lots of panicking next year around the Bitcoin halving be smart to fall for pump and dump altcoins .

We can just do our regular DCA, this way we can avoid uncertain purchases or sells. We still don't know if we are really in for a bull run, often times when the market is overhyped, bull trap is being laid. So we better be more vigilant this time. Don't panic when someone execute a trap and just keep the hodl and accumulation of Bitcoin until the market had transitioned to bull run completely. This might happen after the halving, though I hope this time is the start of it but there is something in the history of Bitcoin that keeps me from thinking that this current price rally is the start of the Bitcoin bull run.

Dr.Bitcoin_Strange

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Some experts are saying that the month of October is usually a month when Bitcoin gets bullish. Well, that is trying to make me feel that the price of Bitcoin is not yet going to be bullish through this year and January of next year. Based on my prediction, I feel that the price of Bitcoin might get to $40k before it can decline to prepare for the real bull market, which might start in March or April of next year. Although I am not an expert at predicting the price of bitcoin, if my speculation is correct, then I think we are not yet in the bull market. OP, I think this topic is best to move to the Economic>Speculation Board.

JoyMarsha

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Quote from: BIT-BENDER on October 30, 2023, 10:28:50 AM

Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats a great news btw. I think everyone must have loaded their bags already for the bull run. I can sense no one will sold their bags until halving days and few days after that.

Loading your bags with Bitcoin all because of the coming bull run is actually not making sense. Those who had done this in the previous bull run had actually re-entered having to buy again. This isn't the last bull run and Bitcoin isn't ending after this bull run.

The overall plan is that everyone should have a said price they want to sell off their bitcoin during the bull run. Don't keep on accumulating and hodling bitcoin without a price target of when to sell. We should all at least have a target price.

As for me, I am accumulating and hodling my bitcoin assets till the price gets to $100k. I will sell up to 80% of my bitcoin holdings during the bull run and reinvest during the bearish market little by little.

ZAINmalik75

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Quote from: SPARE on October 30, 2023, 12:55:51 AM

If you look at the weekly candle of the last 78 weeks, you can see that this week makes sense Cryptocurrencies are headed for a bull run......💪💪💪

I suggest you move this topic to speculation because it looks like one.

According to your chart, resistance is yet to be broken, but yeah, we are bullish, and this is all due to the fake news about ETFs and the manipulation of tickers by the US authorities. This is all bad, and manipulation is also hyped, but spot traders are making great profit, and those who have filled their bags with BTC when it was under $30,000

My theory here is that BTC will come down again to $30,000 or $31,000 after touching the resistance of $37,000 or $40,000. Because correction is needed here and this all manipulation by the media and DTCC meant nothing for the whales, I don't see any type of huge profit booking from the whales, which means the game of manipulation is still on.

In the long run, we are bullish. Your 78-week chart was a good one, but you should also add a source link to your picture if you have taken it from somewhere, and if you have made it yourself, then it is ok.

TravelMug

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Quote from: BIT-BENDER on October 30, 2023, 10:28:50 AM

Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats a great news btw. I think everyone must have loaded their bags already for the bull run. I can sense no one will sold their bags until halving days and few days after that.

Loading your bags with Bitcoin all because of the coming bull run is actually not making sense. Those who had done this in the previous bull run had actually re-entered having to buy again. This isn't the last bull run and Bitcoin isn't ending after this bull run.

Yes, however, if you are looking for long term, it's better to fill your bags and accumulate as much as you can before the eventual bull run and new all time high after the block halving. History has proven itself every 4 years unless the cycle breaks. So it make sense to be ready instead of selling and re-buying. Specially if you don't want to complicate things on your end. And if you are a retail investor just like the majority of us here.

Of course, it's obvious that this will not be the last bull run and Bitcoin isn't ending after this bull run. But you have to take advantage of the cycle itself.

Quote from: BIT-BENDER on October 30, 2023, 10:28:50 AM

With the halving approaching I would advise new guys to avoid falling for trends and hype that would create FOMO and FUD because there would be lots of panicking next year around the Bitcoin halving be smart to fall for pump and dump altcoins .

Altcoin market is very different when it comes to bull run, yeah, majority of them are going to be fuel by pump and dump scheme. And that's why smart investors knows where to put their money, and that's clearly on BTC.

Abu-Naim

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Quote from: Honyek on October 30, 2023, 10:56:53 AM

Bitcoin might reach its all time high in 78 weeks, but it might be as well later than that. The most important thing is the sign of the bull run that has just came up, and that will be very helpful for bitcoin investors, especially, the long-term investors. This is the right time to make such investment, and expect to gain a reasonable profit in the end.

People that have invested in bitcoin before now are already in profit due to their patience, and investors using DCA investment method are also having some gain now; but this is the right time to buy more and await bull run because this bear market took long time and we never can tell if it is over yet.

Few weeks back, the bitcoin price movement is encouraging and it is a sign of bull run since the market is green always this days.

Odohu

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Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats a great news btw. I think everyone must have loaded their bags already for the bull run. I can sense no one will sold their bags until halving days and few days after that.

Many people including me is applying the DCA method so the accumulation is a continuous process. Bitcoin have been so nice by presenting us with many opportunities to buy.

Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Quote from: big kid on October 30, 2023, 01:05:17 AM

We'll see. The sentiment is definitely bullish. I think that it's starting unless something terrible happens.

Thats common to have terrible things, war, viruses, political conflict but the good part there is crypto hasnt been much affected unless its really bothering financial crisis.

I do not actually see any terrible thing that could happen imminently. Maybe the postponement of the Bitcoin ETF approval. This might actually cause some declines but since we already have the Bitcoin halving on the pipeline, huge declines may not be experienced. Interesting times are ahead for Bitcoin and it can only get better.Anyone still doubting should check recent market behaviors.

Honyek

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Bitcoin might reach its all time high in 78 weeks, but it might be as well later than that. The most important thing is the sign of the bull run that has just came up, and that will be very helpful for bitcoin investors, especially, the long-term investors. This is the right time to make such investment, and expect to gain a reasonable profit in the end.

Zaguru12

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Quote from: BIT-BENDER on October 30, 2023, 10:28:50 AM

Loading your bags with Bitcoin all because of the coming bull run is actually not making sense. Those who had done this in the previous bull run had actually re-entered having to buy again. This isn't the last bull run and Bitcoin isn't ending after this bull run.

Many investors do this seriously, they accumulate when bitcoin is in its bearish period and then sell during the bull run to earn profits. I don’t see anything wrong about this in my opinion except maybe you invested with an amount that you can’t afford to lose and then when the bull run doesn’t comes it causes you panic. But for someone who actually invests and holds on to it and during bull takes profits and then come back again when it’s low to accumulate more then it’s ok.

Quote from: WEB503 on October 30, 2023, 10:37:31 AM

If it weren't for the terrible events that have happened to the world over the past few years, Bitcoin would probably already be worth $100,000 per coin. Current events are somewhat reminiscent of world history in the first half of the 20th century (revolutions, wars, religious unrest). The problem is that we do not learn from history... I hope in those days when the last Bitcoin block is mined, the world will be much friendlier.

Although almost everyone hopes the world would be at peace. Concerning the price of bitcoin I would say I am one of those who actually love it at where it is today, because if the price is actually higher like about a $100k then I would say the newcomers or wouldn’t be privileged to buy at a price less than $30k. So there is still some positives in the price still been this low

WEB503

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Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats common to have terrible things, war, viruses, political conflict but the good part there is crypto hasnt been much affected unless its really bothering financial crisis.

If it weren't for the terrible events that have happened to the world over the past few years, Bitcoin would probably already be worth $100,000 per coin. Current events are somewhat reminiscent of world history in the first half of the 20th century (revolutions, wars, religious unrest). The problem is that we do not learn from history... I hope in those days when the last Bitcoin block is mined, the world will be much friendlier.

BIT-BENDER

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Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats a great news btw. I think everyone must have loaded their bags already for the bull run. I can sense no one will sold their bags until halving days and few days after that.

Loading your bags with Bitcoin all because of the coming bull run is actually not making sense. Those who had done this in the previous bull run had actually re-entered having to buy again. This isn't the last bull run and Bitcoin isn't ending after this bull run.

With the halving approaching I would advise new guys to avoid falling for trends and hype that would create FOMO and FUD because there would be lots of panicking next year around the Bitcoin halving be smart to fall for pump and dump altcoins .

Yamane_Keto

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Quote from: lombok on October 30, 2023, 08:50:29 AM

Won't war, crisis, even viruses and lockdowns increase someone's interest in making investments such as gold and Bitcoin?
Just during the corona virus yesterday, Bitcoin became a hype and many investors entered Bitcoin.

This was not the direct reason, but monetary policies in that period encouraged spending more than saving. Interest levels were close to zero, and there were segments receiving government support with limited opportunities to generate quick income. This is different from the situation now with high interest rates, but everything may change with... The beginning of the second quarter of next year, so I expect that we will be in the range of 35k to 55k until next May based on the current price movement.

lombok

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Quote from: cryptoaddictchie on October 30, 2023, 06:45:31 AM

Thats common to have terrible things, war, viruses, political conflict but the good part there is crypto hasnt been much affected unless its really bothering financial crisis.

Won't war, crisis, even viruses and lockdowns increase someone's interest in making investments such as gold and Bitcoin?

Just during the corona virus yesterday, Bitcoin became a hype and many investors entered Bitcoin.

And right now, when Palestine and Israel are starting to heat up, if we look closely, gold and Bitcoin are experiencing an increase in prices.

Is this all a coincidence?

348Judah

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Quote from: SPARE on October 30, 2023, 12:55:51 AM

If you look at the weekly candle of the last 78 weeks, you can see that this week makes sense Cryptocurrencies are headed for a bull run.

Should incase you need to be more professional in what you give, you can read about this first, https://bitcointalksearch.org/topic/bitcointalk-posting-etiquette-5184741 which talks about posting etiquettes, secondly you will have to always consider bitcoin on any subject matter of discussion on this board because that is the main purpose for establishing it, lastly, your discussion should be moved to speculation and try to make some additional information always available in making your post than just being a one line poster or imager.

SPARE

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Quote from: BlackBoss_ on October 30, 2023, 01:53:03 AM

Quote from: SPARE on October 30, 2023, 12:55:51 AM

If you look at the weekly candle of the last 78 weeks, you can see that this week makes sense Cryptocurrencies are headed for a bull run......💪💪💪

What do you think?
Are we on a right track till the bull run?

my thinking also same as your thinking i see crypto way to bull run after halving.

cryptoaddictchie

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Thats a great news btw. I think everyone must have loaded their bags already for the bull run. I can sense no one will sold their bags until halving days and few days after that.

Quote from: big kid on October 30, 2023, 01:05:17 AM

We'll see. The sentiment is definitely bullish. I think that it's starting unless something terrible happens.

Thats common to have terrible things, war, viruses, political conflict but the good part there is crypto hasnt been much affected unless its really bothering financial crisis.

BlackBoss_

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Quote from: SPARE on October 30, 2023, 12:55:51 AM

If you look at the weekly candle of the last 78 weeks, you can see that this week makes sense Cryptocurrencies are headed for a bull run......💪💪💪

When halving is 87% loading, you know what to do!

DCA and hold your bitcoin till the halving at least but I know most of you can do better, holding it several months, about half of a year or 1 year after the 2024 halving which will happen in April 2024.

What do you think?
Are we on a right track till the bull run?

I think we are.

SPARE

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Quote from: big kid on October 30, 2023, 01:05:17 AM

We'll see. The sentiment is definitely bullish. I think that it's starting unless something terrible happens.

Yes I agree with you if there is no downside in the market then it is definitely a bull sign.

Topic: Bitcoin about to close at the highest price in 78 weeks! Looking strong!💪 - page 2. (Read 387 times)