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Topic: Bitcoin is Cheap Until April, We’ll Never See Price at $3,000 Again: Trader (Read 684 times)

sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
I don't think bitcoin will fall to $3000 before April and the market is still strong to me and I did not see any lack of confidence on investors side.  I think bitcoin is trying to stay above $4000 since it fall below it in December 2018.
Obviously, Market was strong in this month so Bitcoin will move to forward slowly. Next month we will saw some big jump in Bitcoin so 5000 USD also possible but some dump also occur at anytime so keep support in crypto investment is only way. I think end of this year 10k USD also possible.
Anything is possible, but 10k USD i think it is realistic because maybe bull trend that will come not big as like last bull trend. But next halving i think will really help for bitcoin price because it always happen like that.
legendary
Activity: 1288
Merit: 1036
The charts have painted a pretty good picture for the past few weeks, and if it's telling us something, it's that we're in for some surprises in the coming months. Overall volume for the whole market has increased without any significant change in the price, which is still bound to $3600 - $4000. If anything, it tells me that people are already accumulating silently while letting the unknowing ones think that this is just normal fluctuation on the daily volumes.
If they are really accumulating silently, don’t you think there should have been high demand which is supposed to actually have visible effect on the price of bitcoin as a result of increase in volume, because accumulating means they are storing it and not selling, so we should be seeing a much more less volatile market if they were really storing, what I feel is happening now is that investors are actually pending waiting to really see if the market has bottom yet, because a lot of people are still confused about the bottom and any sign of bull run, they will massively start gathering the coins.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
I don't think bitcoin will fall to $3000 before April and the market is still strong to me and I did not see any lack of confidence on investors side.  I think bitcoin is trying to stay above $4000 since it fall below it in December 2018.
Obviously, Market was strong in this month so Bitcoin will move to forward slowly. Next month we will saw some big jump in Bitcoin so 5000 USD also possible but some dump also occur at anytime so keep support in crypto investment is only way. I think end of this year 10k USD also possible.
sr. member
Activity: 882
Merit: 269
I don't think bitcoin will fall to $3000 before April and the market is still strong to me and I did not see any lack of confidence on investors side.  I think bitcoin is trying to stay above $4000 since it fall below it in December 2018.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
I feel like we are on the verge of something big as well, like I know it has been said for years now, ever since we started to fall from 20 thousand dollars everyone has been saying we will move up and it has been over a year and there is no upwards movement at all but I feel like we are very close.

Think about it there is almost 1 year left for the halving and people will buy way early so they can benefit from the increase of price, the price will increase for the next 1 year, they need to start early so they are not too late, who would want to buy from 18 to sell at 20, they want to buy from 4 and sell at 20, that's five times the profit. So all in all I think people will start to buy and continue buying until the price starts going up for real and we get closer to the halving, I don't know what will happen afterwards though.
legendary
Activity: 1568
Merit: 1002
of course even though it was the opinion of the trader known as the "galaxy" I did not hesitate to say "Yes" to what he mentioned, well sometimes we have to look at previous patterns have happened in the past and yes we also must to see various kinds of indications in the field. so by the way I concluded the same thing mate we would no longer see a price of between $3000
legendary
Activity: 3542
Merit: 1352
The charts have painted a pretty good picture for the past few weeks, and if it's telling us something, it's that we're in for some surprises in the coming months. Overall volume for the whole market has increased without any significant change in the price, which is still bound to $3600 - $4000. If anything, it tells me that people are already accumulating silently while letting the unknowing ones think that this is just normal fluctuation on the daily volumes.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Let's hope we will not see 3000$ and there will be new uptrends in future. April is known with small upward impulses from the chart of Bitcoin but this is my subjective opinion regarding the matter.
We have a good price movement for one month now.
Although when BTC reached $4200 last month and dump at $3,800, but it has slowly recovered and bring us to $4,000 now.
The recovery is good since it's stable and this is what we are looking to be considered it as a healthy growth.
legendary
Activity: 1890
Merit: 1003
Let's hope we will not see 3000$ and there will be new uptrends in future. April is known with small upward impulses from the chart of Bitcoin but this is my subjective opinion regarding the matter.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Despite the fact that whales are accumulating Bitcoin a lot these period, I don’t see them dumping anytime soon, many people are investing right now because this is the best stage for investment, the reason why we are not seeing sudden increase is because of the balancing coming through g buy and sell trade, the number of buy is not outweighing sell and vice versa, but once the number of buy outweighs sell which I see happening this year from prominent investors, we will definitely see a further increase in its price and not decrease.
Why would they dump now. They will need the price to go higher for them to be able to dump with profit. Now the real question is, then why aren't the whales buying more and pumping the price? Well they obviously are suffering from uncertainty.
We don't want all of a sudden rise in the market. Its better the current way. The slow and steady rise is what we actually want!
legendary
Activity: 1806
Merit: 1521
April is a touchy month because you need to realise that April 15th is when taxes are due in the USA. Even though it was a bearish year, there are people who still made crazy profits.

I doubt it'll add much selling pressure this time. This isn't like Tax Day in 2018 where virtually the entire market was making insane gains until December 2017. There was no bubble this time. Anyone who made crazy profits in 2018 (which is very few people) already cashed them out a long time ago. If they actually held all their profits in crypto throughout 2018, then they lost all their profits and might even be in losses now. Cheesy

You can see this supply dynamic in the charts too. Last year, we downtrended all of March up to Tax Day. This year, we've been uptrending all March.
legendary
Activity: 2100
Merit: 1058
I hope that we do not see $3,000 Grin

But the possibilities to see that number still there and we don't know if the price could increase higher in this year or not. They can say that the price will go down deeper in this year, but as long as we can analyze the price itself, I am sure that we could adjust ourselves with the situation and conditions.
Despite the fact that whales are accumulating Bitcoin a lot these period, I don’t see them dumping anytime soon, many people are investing right now because this is the best stage for investment, the reason why we are not seeing sudden increase is because of the balancing coming through g buy and sell trade, the number of buy is not outweighing sell and vice versa, but once the number of buy outweighs sell which I see happening this year from prominent investors, we will definitely see a further increase in its price and not decrease.
hero member
Activity: 1246
Merit: 529
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Hopefully, because bitcoin is down for so long but this is not guaranteed since many speculations that stating bitcoin will have its another dump before it finally go up. The market should be more active this time, we need to see bitcoin on top again but we have to wait for that.
I don't think anyone can provide a guarantee that the price of bitcoin can return to expensive if you don't support buying bitcoin, because you have to know to be able to make the increase in the price of bitcoin there must be someone who buys a lot of bitcoin.

Nothing is guaranteed... Everything is just a prediction.

It is for sure that bitcoin will rise again and will create a new ATH, but the question is when and how.
So far I don't see any concrete news or powerful activities from large entities which may lead bitcoin to its new ATH.

However, the bitcoin range from $3000-$4000 is best for accumulating as much as possible before the rocket launch to the moon imo.

yeah, unfortunately this rise to $4000 which keeps playing with it, has not been that strong so there is no rising signal which is partly why the investors are still not making a move to jump in and are instead waiting on the sidelines. this can be both a good and a bad thing because as the  rise starts they will start FOMO buying and that can cause a big spike.

Well i don't think it'll be as easy as before for people to jump into any fomos. People saw what the last hype did and what happened to those that got stuck when they fomo'd. Prepare for the long haul. Bitcoin may have bottomed out at 3.2k but it's going to be a long slow road to another ath
legendary
Activity: 1204
Merit: 1028
Nothing is guaranteed... Everything is just a prediction.

It is for sure that bitcoin will rise again and will create a new ATH, but the question is when and how.
So far I don't see any concrete news or powerful activities from large entities which may lead bitcoin to its new ATH.

However, the bitcoin range from $3000-$4000 is best for accumulating as much as possible before the rocket launch to the moon imo.
That is what the person  you replied to is just trying to say, that BTC increase in value is in our hands, what is the bull run we are talking about, it is not a bug or a system that will be released into market, the bull run is as a result of our activities on that coin, though major part of it might come from someone with the purpose of making it happen for its benefit, but it can also happen without the input of whales through our supports for the system.

Let’s say we need 300 million dollars to be pumped into the market for BTC price to reach $150k, predicted by a whale that has that money at once might decide to do so at his own risk but if we have about 1 million people adopting the use of bitcoin this year with deposit of 300 dollars each, have we not pushed the market to bull run ourselves with our adoption?
legendary
Activity: 1946
Merit: 1137
Hopefully, because bitcoin is down for so long but this is not guaranteed since many speculations that stating bitcoin will have its another dump before it finally go up. The market should be more active this time, we need to see bitcoin on top again but we have to wait for that.
I don't think anyone can provide a guarantee that the price of bitcoin can return to expensive if you don't support buying bitcoin, because you have to know to be able to make the increase in the price of bitcoin there must be someone who buys a lot of bitcoin.

Nothing is guaranteed... Everything is just a prediction.

It is for sure that bitcoin will rise again and will create a new ATH, but the question is when and how.
So far I don't see any concrete news or powerful activities from large entities which may lead bitcoin to its new ATH.

However, the bitcoin range from $3000-$4000 is best for accumulating as much as possible before the rocket launch to the moon imo.

yeah, unfortunately this rise to $4000 which keeps playing with it, has not been that strong so there is no rising signal which is partly why the investors are still not making a move to jump in and are instead waiting on the sidelines. this can be both a good and a bad thing because as the  rise starts they will start FOMO buying and that can cause a big spike.
legendary
Activity: 3808
Merit: 1723
April is a touchy month because you need to realise that April 15th is when taxes are due in the USA. Even though it was a bearish year, there are people who still made crazy profits.

So after the November dump, they basically were waiting for BTC to get a good rally so they can sell to pay their tax man. So this explains why every rally usually has a huge sell-off. This will most likely keep happening until early-mid April.

This is also the reason why the Futures are again at a discount on Bitmex and it has a negative funding period mostly, its due to hedgers.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
If bitcoin fails to cleanly break into the $4,000 region and surpass key resistance levels at $4,200 and $4,300, analysts have said that a retest of lows at $3,300 and $3,122 is a possibility.

Analysts and possibilitiesRoll Eyes

Following the trend lines, which do seem to support Bitcoin, it's only a matter of looking at the charts to figure out what's going to happen. This holds significance until it doesn't, which means that we have to close below the supportive trend lines, and then still, the 200WMA is creeping up higher and higher, which makes it less likely to retest $3150 unless it's a flash wick that gets bought up to keep the daily and weekly chart still look pretty.

Everything we see is indicative of more sideways actions. I doub't we're done with $3xxx prices, but even if so, if it turns out that we bottomed for sure, it's not a problem to buy 10-20% higher if it keeps going up from there.


Although, I believe that you would be changing your tune after the next halving, plus when Bitcoin is on its way to a 6 digit price. Will that finally convince you that "we'll never see $3,000 again"? Cool

I hope that we do not see $3,000 Grin

But the possibilities to see that number still there and we don't know if the price could increase higher in this year or not. They can say that the price will go down deeper in this year, but as long as we can analyze the price itself, I am sure that we could adjust ourselves with the situation and conditions.
hero member
Activity: 1498
Merit: 596
Hopefully, because bitcoin is down for so long but this is not guaranteed since many speculations that stating bitcoin will have its another dump before it finally go up. The market should be more active this time, we need to see bitcoin on top again but we have to wait for that.
I don't think anyone can provide a guarantee that the price of bitcoin can return to expensive if you don't support buying bitcoin, because you have to know to be able to make the increase in the price of bitcoin there must be someone who buys a lot of bitcoin.

Nothing is guaranteed... Everything is just a prediction.

It is for sure that bitcoin will rise again and will create a new ATH, but the question is when and how.
So far I don't see any concrete news or powerful activities from large entities which may lead bitcoin to its new ATH.

However, the bitcoin range from $3000-$4000 is best for accumulating as much as possible before the rocket launch to the moon imo.
legendary
Activity: 2898
Merit: 1823
If bitcoin fails to cleanly break into the $4,000 region and surpass key resistance levels at $4,200 and $4,300, analysts have said that a retest of lows at $3,300 and $3,122 is a possibility.

Analysts and possibilitiesRoll Eyes

Following the trend lines, which do seem to support Bitcoin, it's only a matter of looking at the charts to figure out what's going to happen. This holds significance until it doesn't, which means that we have to close below the supportive trend lines, and then still, the 200WMA is creeping up higher and higher, which makes it less likely to retest $3150 unless it's a flash wick that gets bought up to keep the daily and weekly chart still look pretty.

Everything we see is indicative of more sideways actions. I doub't we're done with $3xxx prices, but even if so, if it turns out that we bottomed for sure, it's not a problem to buy 10-20% higher if it keeps going up from there.


Although, I believe that you would be changing your tune after the next halving, plus when Bitcoin is on its way to a 6 digit price. Will that finally convince you that "we'll never see $3,000 again"? Cool
legendary
Activity: 2408
Merit: 2226
Signature space for rent
I am also expecting same like OP. Because we can see trading volumes of bitcoin is increasing. Most likely investors are coming back into bitcoin. Also price seems upwards from last few weeks. Although still we can't say it bull market but overall conditions is positive. Sudden pump and dump both is not good sign but from last week's we can't see much sudden pump dump. So I am expecting slowly bitcoin will move up. Let's see what is going on...
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