Topic: Crypto Winter Is Coming, Warns Experts (Read 673 times)
Twitter army to spread a fud is common though. It's part of the manipulation to spread fear. I think it worked for them most of the time.
If the rise of price right now could bring back up to $40 and up, it will turn out that the analyst of JP Morgan and DailyFX predicted it well. Many of that fud on youtube especially Gareth Soloway who usually predicts market crashes seem proven wrong this time as it's going up instead.
Analysts, experts and the like can share any of their opinions. There is nothing wrong with it if they are giving warning to us investors.
The problem occurs when investors are just relying on their opinions instead of making their own opinions. You can make these opinions from experts and analysts as basis but if you will invest or not base on what they are saying then better not to invest at all.
As for me, I would like to say thanks for the warning and thanks for disagreeing that warning. At least I have a basis unto what will I do next
. Not relying on them 100% but I'm creating my own plan base on what they are saying.
There are soooo many people who rely on "twitter influencers" in crypto world that it is seriously shocking. There are a ton of people on twitter that share their buying and selling points, so they give a currencies name, and at what price it should be bought, and they keep saying you should buy some more at another price if it falls, and whenever it goes they say you should sell.The problem occurs when investors are just relying on their opinions instead of making their own opinions. You can make these opinions from experts and analysts as basis but if you will invest or not base on what they are saying then better not to invest at all.
As for me, I would like to say thanks for the warning and thanks for disagreeing that warning. At least I have a basis unto what will I do next
. Not relying on them 100% but I'm creating my own plan base on what they are saying. During a bull run it was easy because everything went up and they looked like super smart people, now everyone is crying under their mentions because they are losing money or lost money, it is normal to make money during bull run, it is important to know when to get out or how to face a big bear run, if you can't do that then making profit during bull run is not a gift. As long as people keep believing what these "experts" are saying, we will see many that lose their money as well.
I can exactly feel what you are saying!
Every time I see someone on Twitter posting price points, my lord... Who the heck is following that advice? But these Twitter guys have an army of trolls and probably a ton of fake accounts who then pretend to agree and maybe even pump the price near to that point to first gain credibility. While that is extreme in crypto, I don't think it is really a new phenomenon. This kind of manipulation has been happening forever I guess, just not to the extent we can observe it these days. 
Analysts, experts and the like can share any of their opinions. There is nothing wrong with it if they are giving warning to us investors.
The problem occurs when investors are just relying on their opinions instead of making their own opinions. You can make these opinions from experts and analysts as basis but if you will invest or not base on what they are saying then better not to invest at all.
As for me, I would like to say thanks for the warning and thanks for disagreeing that warning. At least I have a basis unto what will I do next. Not relying on them 100% but I'm creating my own plan base on what they are saying.
There are soooo many people who rely on "twitter influencers" in crypto world that it is seriously shocking. There are a ton of people on twitter that share their buying and selling points, so they give a currencies name, and at what price it should be bought, and they keep saying you should buy some more at another price if it falls, and whenever it goes they say you should sell.The problem occurs when investors are just relying on their opinions instead of making their own opinions. You can make these opinions from experts and analysts as basis but if you will invest or not base on what they are saying then better not to invest at all.
As for me, I would like to say thanks for the warning and thanks for disagreeing that warning. At least I have a basis unto what will I do next
. Not relying on them 100% but I'm creating my own plan base on what they are saying. During a bull run it was easy because everything went up and they looked like super smart people, now everyone is crying under their mentions because they are losing money or lost money, it is normal to make money during bull run, it is important to know when to get out or how to face a big bear run, if you can't do that then making profit during bull run is not a gift. As long as people keep believing what these "experts" are saying, we will see many that lose their money as well.
Analysts at JP Morgan and DailyFX claim that we are in a cryptocurrency winter. However, other analysts, including John Bollinger, disagreed. The creator of the technical indicator of the Bollinger Bands believes that Bitcoin has already recorded a price floor of $ 30,000.
Analysts, experts and the like can share any of their opinions. There is nothing wrong with it if they are giving warning to us investors.The problem occurs when investors are just relying on their opinions instead of making their own opinions. You can make these opinions from experts and analysts as basis but if you will invest or not base on what they are saying then better not to invest at all.
As for me, I would like to say thanks for the warning and thanks for disagreeing that warning. At least I have a basis unto what will I do next
. Not relying on them 100% but I'm creating my own plan base on what they are saying. Hasn't this been the case for most of bitcoin's bear seasons in the past? A dump will happen, the price will relatively stagnate for a couple of months/years, a major event will happen that will either spark a price uprise or cause a major downfall on bitcoin's value.
It has been the case ever since, the people just thinks that there's something really different with this one because the prices are much higher which doesn't prove anything. I think the newbies are the ones that reacts like it's a big deal more than the veteran users in the community. We must be in the crypto winter right now. I've no other explanation for this situation. After the big dump, the market is just stuck here. And it won't break free soon unless something big happens. Or maybe thanks to the volatility, it will start recovering really huge.
Think of this period as a good thing because it gives you the opportunity to buy at the current price and you know what they say, you will never know if we will ever touch this price point again because the prices will be on winter in 6 figures in the future. 
Hasn't this been the case for most of bitcoin's bear seasons in the past? A dump will happen, the price will relatively stagnate for a couple of months/years, a major event will happen that will either spark a price uprise or cause a major downfall on bitcoin's value. Last year's was COVID-19, but it quickly sprung up and in a matter of months recovered and even got into a very high ATH of $68k this year. JPMorgan may say all the hate they want over bitcoin but the fact of the matter is that this all fall into people's hands.
I think he is correct on that, its a harsh pullback but not forever even if it lasts this entire year I still wouldn't be especially negative. Ive yet to see Dollar gain especially or other signs of deflation that would indicate a wider move, all I see are trading cycle putting us through profit taking and removal of speculators from the price which can take months.
Anything which can be manipulated is at fault because if it can go wrong expect it sooner or later, a normal market will explore all possibilities before it resolves upwards. BTC isnt made of helium it still takes alot for a trend to form upwards and part of that is time also to resolve and consolidate. Also consider this prices are still very high, year on year its fine and its going to take more to really be especially negative for less transient forces besides traders and they are what matters really.
This is true. And regardless if Bollinger isn't right about his speculations on bitcoin, there is a strong resistance that will disallow this cryptocurrency from falling down in value. So I don't see any reason as to why we should panic and recuperate any losses lest we want to miss out on another Bull run like the one that happened in 2020, if not better.
Quote
John Bollinger, disagreed.
I think he is correct on that, its a harsh pullback but not forever even if it lasts this entire year I still wouldn't be especially negative. Ive yet to see Dollar gain especially or other signs of deflation that would indicate a wider move, all I see are trading cycle putting us through profit taking and removal of speculators from the price which can take months.
Anything which can be manipulated is at fault because if it can go wrong expect it sooner or later, a normal market will explore all possibilities before it resolves upwards. BTC isnt made of helium it still takes alot for a trend to form upwards and part of that is time also to resolve and consolidate. Also consider this prices are still very high, year on year its fine and its going to take more to really be especially negative for less transient forces besides traders and they are what matters really.
We must be in the crypto winter right now. I've no other explanation for this situation. After the big dump, the market is just stuck here. And it won't break free soon unless something big happens. Or maybe thanks to the volatility, it will start recovering really huge.
Analysts at JP Morgan and DailyFX claim that we are in a cryptocurrency winter. However, other analysts, including John Bollinger, disagreed. The creator of the technical indicator of the Bollinger Bands believes that Bitcoin has already recorded a price floor of $ 30,000.
Why do we have to listen to opinion from JP Morgan? JP Morgan and Jamie Dimon have bad history with their statement about Bitcoin and cryptocurrency.The floor of Bitcoin for the mini bear market in middle of a big bull market is unknown. It can be around $30,000 but worse it can be around $20,000 but I agree with Bollinger that Bitcoin is not in a winter season. After a found bottom, Bitcoin will have a few months of side way and will take off again.
I believe that the real bottom can be lower than $30,000 because whales can try to dump more and bring a cheap price back, for their re-accumulation. Additionally, from VPVR, support below $24,000 is very weak that can be compromised by whales to cause a terrible crash.
Has the Spring point in the Wyckoff pattern been touched yet?
the reason is that they see the price is not going up for weeks while they are losing money. and when fud still continues with the regulatory crackdown fear of losing more is stronger than them waiting for the price to rise. when it's about to break the support on $30,000, it's going to make more holders sell because the fud was that it will drop to $24,000. it will prove we are in the winter season.
the $30,000 figure has proven to be a strong price support level. However, if bearish forces manage to drag crypto below these levels, things could get a lot worse. In fact, such occurrences may be proof that the crypto winter is indeed upon us.
Many institutions are involved in crypto to buy bitcoins, but they are waiting for the right time to buy them.
Institutions have more patience than the average investor. That is what gives them an edge over the masses. Yet, I am far from concerned we will soon be talking about a "winter". Bitcoin is still just doing fine. The only thing that would do shock me would be seeing four figures again.
Analysts at JP Morgan and DailyFX claim that we are in a cryptocurrency winter. However, other analysts, including John Bollinger, disagreed. The creator of the technical indicator of the Bollinger Bands believes that Bitcoin has already recorded a price floor of $ 30,000.
Why do we have to listen to opinion from JP Morgan? JP Morgan and Jamie Dimon have bad history with their statement about Bitcoin and cryptocurrency.The floor of Bitcoin for the mini bear market in middle of a big bull market is unknown. It can be around $30,000 but worse it can be around $20,000 but I agree with Bollinger that Bitcoin is not in a winter season. After a found bottom, Bitcoin will have a few months of side way and will take off again.
I believe that the real bottom can be lower than $30,000 because whales can try to dump more and bring a cheap price back, for their re-accumulation. Additionally, from VPVR, support below $24,000 is very weak that can be compromised by whales to cause a terrible crash.
Has the Spring point in the Wyckoff pattern been touched yet?
the reason is that they see the price is not going up for weeks while they are losing money. and when fud still continues with the regulatory crackdown fear of losing more is stronger than them waiting for the price to rise. when it's about to break the support on $30,000, it's going to make more holders sell because the fud was that it will drop to $24,000. it will prove we are in the winter season.
the $30,000 figure has proven to be a strong price support level. However, if bearish forces manage to drag crypto below these levels, things could get a lot worse. In fact, such occurrences may be proof that the crypto winter is indeed upon us.
Many institutions are involved in crypto to buy bitcoins, but they are waiting for the right time to buy them.
Analysts at JP Morgan and DailyFX claim that we are in a cryptocurrency winter. However, other analysts, including John Bollinger, disagreed. The creator of the technical indicator of the Bollinger Bands believes that Bitcoin has already recorded a price floor of $ 30,000.
Why do we have to listen to opinion from JP Morgan? JP Morgan and Jamie Dimon have bad history with their statement about Bitcoin and cryptocurrency.The floor of Bitcoin for the mini bear market in middle of a big bull market is unknown. It can be around $30,000 but worse it can be around $20,000 but I agree with Bollinger that Bitcoin is not in a winter season. After a found bottom, Bitcoin will have a few months of side way and will take off again.
I believe that the real bottom can be lower than $30,000 because whales can try to dump more and bring a cheap price back, for their re-accumulation. Additionally, from VPVR, support below $24,000 is very weak that can be compromised by whales to cause a terrible crash.
Has the Spring point in the Wyckoff pattern been touched yet?
the reason is that they see the price is not going up for weeks while they are losing money. and when fud still continues with the regulatory crackdown fear of losing more is stronger than them waiting for the price to rise. when it's about to break the support on $30,000, it's going to make more holders sell because the fud was that it will drop to $24,000. it will prove we are in the winter season.
Analysts at JP Morgan and DailyFX claim that we are in a cryptocurrency winter. However, other analysts, including John Bollinger, disagreed. The creator of the technical indicator of the Bollinger Bands believes that Bitcoin has already recorded a price floor of $ 30,000.
Without some peer reviewable rationale behind these predictions, what are they more than guesses?
Quote
John Bollinger, disagreed.
I think he is correct on that, its a harsh pullback but not forever even if it lasts this entire year I still wouldn't be especially negative. Ive yet to see Dollar gain especially or other signs of deflation that would indicate a wider move, all I see are trading cycle putting us through profit taking and removal of speculators from the price which can take months.
Yeah, sometimes we really need to accept that we are really in a deep pullback by now, -50% from the last ATH We have been trading sideways already, of course if we got our Bitcoins at a cheap price we are still in the profits.
Anything which can be manipulated is at fault because if it can go wrong expect it sooner or later, a normal market will explore all possibilities before it resolves upwards. BTC isnt made of helium it still takes alot for a trend to form upwards and part of that is time also to resolve and consolidate. Also consider this prices are still very high, year on year its fine and its going to take more to really be especially negative for less transient forces besides traders and they are what matters really.
Sooner or later we will eventually se a break out run, the market is relatively calm at $30,000. Still a good price if we compare it to 2017's ATH. The price can't go on parabolic, and needed some breathing room. But at some point, it will have to bounce back.
Quote
John Bollinger, disagreed.
I think he is correct on that, its a harsh pullback but not forever even if it lasts this entire year I still wouldn't be especially negative. Ive yet to see Dollar gain especially or other signs of deflation that would indicate a wider move, all I see are trading cycle putting us through profit taking and removal of speculators from the price which can take months.
Yeah, sometimes we really need to accept that we are really in a deep pullback by now, -50% from the last ATH We have been trading sideways already, of course if we got our Bitcoins at a cheap price we are still in the profits.
Anything which can be manipulated is at fault because if it can go wrong expect it sooner or later, a normal market will explore all possibilities before it resolves upwards. BTC isnt made of helium it still takes alot for a trend to form upwards and part of that is time also to resolve and consolidate. Also consider this prices are still very high, year on year its fine and its going to take more to really be especially negative for less transient forces besides traders and they are what matters really.
Sooner or later we will eventually se a break out run, the market is relatively calm at $30,000. Still a good price if we compare it to 2017's ATH. The price can't go on parabolic, and needed some breathing room. But at some point, it will have to bounce back.
Quote
John Bollinger, disagreed.
I think he is correct on that, its a harsh pullback but not forever even if it lasts this entire year I still wouldn't be especially negative. Ive yet to see Dollar gain especially or other signs of deflation that would indicate a wider move, all I see are trading cycle putting us through profit taking and removal of speculators from the price which can take months.
Anything which can be manipulated is at fault because if it can go wrong expect it sooner or later, a normal market will explore all possibilities before it resolves upwards. BTC isnt made of helium it still takes alot for a trend to form upwards and part of that is time also to resolve and consolidate. Also consider this prices are still very high, year on year its fine and its going to take more to really be especially negative for less transient forces besides traders and they are what matters really.
We did not had a lot of institutions or institutional investors buying bitcoin, and the few that we had have been saying they are still holding their coins, I am not really sure this is the case of Elon as I doubt he would say the things he said about bitcoin while at the same time he held a huge amount of those coins, doing something like that will be foolish, so I think he actually sold his coins some time ago, but besides him it seems the other institutional investors are still holding or even bought more coins.
If we don't have a big number of institutions in crypto yet, that is because only bitcoin was being focused at and as btc is limited in number and with a very limited supply (not like Dogecoin), the number of institutions will also remain limited. About Elon, he's the clown of crypto, I personally admire all his achievements but what he did with crypto and specially bitcoin cannot be forgotten. He has some real people behind him with tons of cash in hands, ready to buy like hungry dogs and that is why he makes an impact on crypto.
There are people behind him who also have the same dilemma for crypto, they are here playing with all the emotions of the followers who still trying to ride with them.
We should take aside Musk but consider those institutional investors who are now learning the potentials of this industry, they are taking their time to really learn more deeper in order to assess what possible strategy to use when they start investing.
The situation still favoring those people who are aiming for long term investment, chances to see more pump still possible to happen.
That's why we need to be prepared on upcoming manipulation since we really cannot under estimate it since we don't hold everyone's emotions towards handling on the fuds came and we need to adjust so if we think huge fuds will came those legitimate ones which can possibly affect the market maybe its good to move and secure our funds on stable coin so that if the said fuds came and market fall we can buy back at the cheapest rate it may possible came after this incidents happen.
Crypto winter cant really be determined on when it would happen.I dont believe on experts since those are just pro chart traders and we know that this market can really fucked up technical analysis
from time to time.
The best thing to do as a small time trader or even on average is really allocate something whenever the market tends to dump. Secure profits while you still can
and reserve out on buybacks.
We did not had a lot of institutions or institutional investors buying bitcoin, and the few that we had have been saying they are still holding their coins, I am not really sure this is the case of Elon as I doubt he would say the things he said about bitcoin while at the same time he held a huge amount of those coins, doing something like that will be foolish, so I think he actually sold his coins some time ago, but besides him it seems the other institutional investors are still holding or even bought more coins.
If we don't have a big number of institutions in crypto yet, that is because only bitcoin was being focused at and as btc is limited in number and with a very limited supply (not like Dogecoin), the number of institutions will also remain limited. About Elon, he's the clown of crypto, I personally admire all his achievements but what he did with crypto and specially bitcoin cannot be forgotten. He has some real people behind him with tons of cash in hands, ready to buy like hungry dogs and that is why he makes an impact on crypto.
There are people behind him who also have the same dilemma for crypto, they are here playing with all the emotions of the followers who still trying to ride with them.
We should take aside Musk but consider those institutional investors who are now learning the potentials of this industry, they are taking their time to really learn more deeper in order to assess what possible strategy to use when they start investing.
The situation still favoring those people who are aiming for long term investment, chances to see more pump still possible to happen.
That's why we need to be prepared on upcoming manipulation since we really cannot under estimate it since we don't hold everyone's emotions towards handling on the fuds came and we need to adjust so if we think huge fuds will came those legitimate ones which can possibly affect the market maybe its good to move and secure our funds on stable coin so that if the said fuds came and market fall we can buy back at the cheapest rate it may possible came after this incidents happen.
We did not had a lot of institutions or institutional investors buying bitcoin, and the few that we had have been saying they are still holding their coins, I am not really sure this is the case of Elon as I doubt he would say the things he said about bitcoin while at the same time he held a huge amount of those coins, doing something like that will be foolish, so I think he actually sold his coins some time ago, but besides him it seems the other institutional investors are still holding or even bought more coins.
If we don't have a big number of institutions in crypto yet, that is because only bitcoin was being focused at and as btc is limited in number and with a very limited supply (not like Dogecoin), the number of institutions will also remain limited. About Elon, he's the clown of crypto, I personally admire all his achievements but what he did with crypto and specially bitcoin cannot be forgotten. He has some real people behind him with tons of cash in hands, ready to buy like hungry dogs and that is why he makes an impact on crypto.
There are people behind him who also have the same dilemma for crypto, they are here playing with all the emotions of the followers who still trying to ride with them.
We should take aside Musk but consider those institutional investors who are now learning the potentials of this industry, they are taking their time to really learn more deeper in order to assess what possible strategy to use when they start investing.
The situation still favoring those people who are aiming for long term investment, chances to see more pump still possible to happen.
We did not had a lot of institutions or institutional investors buying bitcoin, and the few that we had have been saying they are still holding their coins, I am not really sure this is the case of Elon as I doubt he would say the things he said about bitcoin while at the same time he held a huge amount of those coins, doing something like that will be foolish, so I think he actually sold his coins some time ago, but besides him it seems the other institutional investors are still holding or even bought more coins.
If we don't have a big number of institutions in crypto yet, that is because only bitcoin was being focused at and as btc is limited in number and with a very limited supply (not like Dogecoin), the number of institutions will also remain limited. About Elon, he's the clown of crypto, I personally admire all his achievements but what he did with crypto and specially bitcoin cannot be forgotten. He has some real people behind him with tons of cash in hands, ready to buy like hungry dogs and that is why he makes an impact on crypto.
We did not had a lot of institutions or institutional investors buying bitcoin, and the few that we had have been saying they are still holding their coins, I am not really sure this is the case of Elon as I doubt he would say the things he said about bitcoin while at the same time he held a huge amount of those coins, doing something like that will be foolish, so I think he actually sold his coins some time ago, but besides him it seems the other institutional investors are still holding or even bought more coins.
I've always personally believed we've been having institutional money in Bitcoin since 2016. This was when I first noticed OTC brokers get heavy business in Bitcoin (and only institutionals, like family offices and hedge funds, use OTC brokers). This was also when all the crypto funds set up, and their investors are anything but retail.
It's only what you see and read in the news now, that's getting a lot of attention, because of the size and prominence. But there's still silent, old money, coming into Bitcoin, all happening off-chain.
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