Its hard not to spike the market when you are accumulating 1.5bn worth of BTC for a single entity to hold, have we even had such a large transaction as this before. Trades perhaps but literally this was bought to hold not to play a trade out. My answer would be the same for any purchase, that if its to be used then it wont matter the price as the usage is always the reason to buy anything and its true even in finance markets. I thought I would hear more detail by now why would BTC be useful to him, part of the supercharger fees process perhaps, cars do go internationally so BTC might useful in that way. Price going down doesnt have to matter, I heard of someone who held from 2017 peak and sold higher recently and did they also utilise the Bitcoin meanwhile I dont know but it has some place as an asset.
Anyway in panic news we have DXY dollar index rising above 92 now and I wonder if we can speculate a trend of rising dollar. Part of this due to rockets fired in middle east and fears there, its also something I was looking for anyway to happen. BTC so far is fine with the dollar rise and is doing quite well holding higher.
Topic: Don’t Panic III - page 2. (Read 452 times)
in the past we saw the price reach $20,000 and the price dropped to $15,000, people said: "don't panic..." the price dropped to $7,000 and people said: "don't panic" and the price dropped to $3000.
my point is:
It is normal to panic because no one can guarantee that the price cannot fall too much
if the price goes up a lot then it can also go down a lot
my point is:
It is normal to panic because no one can guarantee that the price cannot fall too much
if the price goes up a lot then it can also go down a lot
I hope people will not panic if the price is down for a bit because that will be another correction this weekend.
Price correction for weekend was reverse because bitcoin went around $50k. Bitcoin is giving surprise to investors waiting for correction but that has not happened, the $48k range has been broken against the correction investors are waiting for. We just opened a new week and price has jumped above $50k, we don't know where the week is going for now as bullish candle are forming for
This is absolutely healthy and needed. I have no fiat left but hope we see 41k ish and stay at 40k levels for 2 more weeks. I know it's boring and we all want moon now. But still have plenty of time for the parabolic run in December. Nobody wants this bullrun to end too early.
It's too early for the bull run to end, there is still a lot of stores for us this year, 2021 is going to be a banner year for us, given that there's no calamity or a pandemic news that is going to happen, the market will keep improving, people should just take the correction positively and don't dump their coins, you will only regret later.
It's just normal to assume that there are people that would totally panic with the situation of the market today because they would think it's like the 2017 vibes or they just don't panic but rather getting profit above of what they have invested. Either way it's still in a highest price right now so I guess weak hands are the ones selling and starting to panic.
March month would be bloody red if the panic continues but it's a great deal too because new investors will be able to buy a dip/cheap price. I'm just wondering if the price will ever be down back to $20k-ish or even in $30k-ish but that's too much of a downfall if it's going that way that might trigger a huge dump or something.
March month would be bloody red if the panic continues but it's a great deal too because new investors will be able to buy a dip/cheap price. I'm just wondering if the price will ever be down back to $20k-ish or even in $30k-ish but that's too much of a downfall if it's going that way that might trigger a huge dump or something.
So I’m looking at the BTC/USD chart and a funny thought came in my head... What if Elon Musk didn’t know he was buying BTC near the top and would literally be stuck like the noobs of 2017 who bought near the top of the last bull run. 
Panic will cause for the crypto market To dump so better to not going to panic too because it will result for us to lost our possible profit in the future. Being calm is really helpful for the market to revive and to rise more and that we should do right now if we want to see the 100k dollars per bitcoin and the rest of the altcoins will turn into high price per coins.
I would like to see investors now to panic because they might regret in the end but how can we buy Bitcoin at a lower price when investors will not panic anymore??Lets face the truth. Whatever advices or tips we say to those investors, we can't remove the fact that there will be and will still be investors who will panic when a small/big correction happen. As a contrarian and patiently waiting for the big correction, I would be happy to see people panicking. That is a great opportunity for us investors to buy Bitcoin at the bottom right
. For me, as long as we stay above the $45,000 there is a big chance that we might break the previous resistance that it made weeks ago at ~$57,000 and possible $60,000 too might be passed too. What we only need right now is a big catalyst/news that will make the crypto go higher than it is right now.
This is absolutely healthy and needed. I have no fiat left but hope we see 41k ish and stay at 40k levels for 2 more weeks. I know it's boring and we all want moon now. But still have plenty of time for the parabolic run in December. Nobody wants this bullrun to end too early.
How is it healthy to stay that way? We don't know how the market behaves, no one knows actually but I think that growth is the best case for bitcoin, I don't understand how going down is healthy for the prices, I want to be enlightened. I don't think that the bull run will end even if the prices is steadily going up. This is absolutely healthy and needed. I have no fiat left but hope we see 41k ish and stay at 40k levels for 2 more weeks. I know it's boring and we all want moon now. But still have plenty of time for the parabolic run in December. Nobody wants this bullrun to end too early.
It's too early for the bull run to end, there is still a lot of stores for us this year, 2021 is going to be a banner year for us, given that there's no calamity or a pandemic news that is going to happen, the market will keep improving, people should just take the correction positively and don't dump their coins, you will only regret later.
You are looking too close in the hourly chart. The daily look much better actually which I believe is going to go higher. Although the weekly could look different, there are still much-awaited things to happen due to this pandemic and the companies involved today in the crypto sphere that helps investors decide to pour money to BTC. There could be some fundamental news that will come that will help the price go up again like the City of Reno creating Renocoin or the likes.
I don't see why anyone would be panicking in the first place. We're just still in a correction, but $6000 higher than the bottom of the current correction right now. I don't know why anyone would panic haha. Correction has only been going on for 13 days and we are well above the bottom of it. It might spend a bit more time in the high 40's but I think most of March will be in the 50's and think we will probably be over $60k and heading higher on the next bull round by end of the month.
We're still bullish looking with this daily bar closing above 48k it seems like its more positive then negative to me
From what I can tell or guess in the spirit of market action, the ceiling overhead was a surprise to some who closed out their speculative positions early and this led to further selling and our test today of this possible support line. However closing in this way suggests we are not done with trading higher and challenging these prices more consistently over the entire week perhaps.
From what I can tell or guess in the spirit of market action, the ceiling overhead was a surprise to some who closed out their speculative positions early and this led to further selling and our test today of this possible support line. However closing in this way suggests we are not done with trading higher and challenging these prices more consistently over the entire week perhaps.
new all time high 63k comingsoon mate !, of course we will reach the price of 63k, it's just that we have to be patient, because corrections always occur when the bull run, bitcoin is not like last year, because now there are more holders, and at least less volatility, make sure to buy the dip, because it's a great opportunity!
Panic will cause for the crypto market To dump so better to not going to panic too because it will result for us to lost our possible profit in the future. Being calm is really helpful for the market to revive and to rise more and that we should do right now if we want to see the 100k dollars per bitcoin and the rest of the altcoins will turn into high price per coins.
The people selling now will be the ones going FOMO later on.
This phase gets rid of the weak hands. This is good...
Panic will cause for the crypto market To dump so better to not going to panic too because it will result for us to lost our possible profit in the future. Being calm is really helpful for the market to revive and to rise more and that we should do right now if we want to see the 100k dollars per bitcoin and the rest of the altcoins will turn into high price per coins.
From the looks of it at the hourly from March 3, 8:00am ET to now, there’ve been dumps followed by small pumps making lower lows and lower highs. And I noticed the sell downs have been starting mostly around 8:00am - 10:00am New York time, 8:00am - 10:00am London time and 8:00am - 10:00am Hong Kong time...
Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
Best if they will not panic since if they start to lose their grip for sure they will think about selling at lost and it's so awful to see that scenery since the next move for time is to whine out on social media about bear market already happen so sell all your coins Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
.But I would love to see a dump since it will give us an opportunity to see a good entry on when to buy some cheap bitcoins.
But I think we better take the entry now if it recovers I'm just expecting it to come back and this panic will become common in the future.
A little bit of correction in my opinion.
From the looks of it at the hourly from March 3, 8:00am ET to now, there’ve been dumps followed by small pumps making lower lows and lower highs. And I noticed the sell downs have been starting mostly around 8:00am - 10:00am New York time, 8:00am - 10:00am London time and 8:00am - 10:00am Hong Kong time...
Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
I love your concept of posting mate from the part 1 and now to part 3 ? Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
you keep on pushing people to stay intact and not let the panic breake the market movement , there are lots of troubles happening this past week and we cannot answer this by Selling and disposing our coins .
That’s cos I think it’s all mostly just a shake out before another run up going to 60k again... At least that’s what I think. And from reading all the replies, it’s not only me... I mean just look at the chart. I feel like the fall is ‘too controlled’ for a real sell down if that makes any sense. Def just a shake out. IMHO.
We can think that the $XXk price will be the lowest price that can happen soon, but we really do not know, so that can trigger the price to get the lowest price.
We do not want that to happen, but we can not do anything if the price is finally down for that lowest price. But we have a golden time to buy bitcoin at a very big discount price.
But somehow, I think the down is managed by someone who does not like bitcoin to back to the high price, but I am not really sure. I hope I am wrong about that.
From the looks of it at the hourly from March 3, 8:00am ET to now, there’ve been dumps followed by small pumps making lower lows and lower highs. And I noticed the sell downs have been starting mostly around 8:00am - 10:00am New York time, 8:00am - 10:00am London time and 8:00am - 10:00am Hong Kong time...
Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
I love your concept of posting mate from the part 1 and now to part 3 ? Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
you keep on pushing people to stay intact and not let the panic breake the market movement , there are lots of troubles happening this past week and we cannot answer this by Selling and disposing our coins .
That’s cos I think it’s all mostly just a shake out before another run up going to 60k again... At least that’s what I think. And from reading all the replies, it’s not only me... I mean just look at the chart. I feel like the fall is ‘too controlled’ for a real sell down if that makes any sense. Def just a shake out. IMHO.
I know what you mean. Usually you feel like the rug gets pulled from under your feet...
These dumps are more palatable...
From the looks of it at the hourly from March 3, 8:00am ET to now, there’ve been dumps followed by small pumps making lower lows and lower highs. And I noticed the sell downs have been starting mostly around 8:00am - 10:00am New York time, 8:00am - 10:00am London time and 8:00am - 10:00am Hong Kong time...
Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
I love your concept of posting mate from the part 1 and now to part 3 ? Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
you keep on pushing people to stay intact and not let the panic breake the market movement , there are lots of troubles happening this past week and we cannot answer this by Selling and disposing our coins .
That’s cos I think it’s all mostly just a shake out before another run up going to 60k again... At least that’s what I think. And from reading all the replies, it’s not only me... I mean just look at the chart. I feel like the fall is ‘too controlled’ for a real sell down if that makes any sense. Def just a shake out. IMHO.
As long as the price reaching 50K after the small dumps is healthy for bitcoin and day traders can make huge profits out of it if they are selling and buying at the right times.I am trying to stay away from the cointracker for the past few days so I can avoid any temptation to buy and sell.
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