Topic: Dump market potential? - page 2. (Read 1059 times)

I think there will still be another potential dump, the market is rising very fast like this which is usually not natural, there are still several things to look forward to next year.
until we feel that the market will be in full bull condition.
For now I still doubt it.

There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

I again find that there is no strong correlation between Bitcoin price and global events. Bitcoin price is a function of many factors, including supply and demand, market sentiment, and technical factors. Global events can influence these factors, but they typically do not have a direct impact on Bitcoin price.

The proof is when the COVID-19 pandemic led to a global economic recession. There have been a lot of people worried about the future, causing them to withdraw from crypto assets. But even so, many people still consider Bitcoin to be a safe haven asset, and there are still many investors, even large investment funds, that have bought Bitcoin as a way to protect their assets. their assets from inflation. Ultimately, these factors offset each other, and Bitcoin prices remained bullish in 2020 and 2021.

So far, not only the cryptocurrency market is positive. The stock markets are also growing. I think that as long as America does not raise interest rates, all markets will grow. Especially next year there will be presidential elections. Probably everything will be good on the markets until then.

When it's dumped because of bad news in crypto bitcoin fights back. I can't remember what happened but it could've been a temporary dive. If ppl dumped Bitcoin in covid because FUD it didn't have long term action on bitcoin. Today it's $37k we aren't close to bitcoin ATH but it's positive because the market's secure.

Bitcoin price dump on both event that you mention but it’s just temporary since the market already recovered after few weeks and months of downward movement.

The positive about Bitcoin was many holders keep buying whenever there’s a dip no matter what’s the bad news in crypto. This kind of characteristic of holders is what makes Bitcoin resilient no matter how hard the FUD unlike shitcoin that easily crash when there’s bad news and failed to recover because everyone lost faith to the team which will not happened to Bitcoin because our founder is already long gone.

War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

But bitcoin and the market quickly adapted to things and recovered quickly this year. Bitcoin is already a part of the world economy, so if the world economy has problems, bitcoin will definitely be affected. Bitcoin is not separate from the world and immune to everything.

The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.

So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.

I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.

I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.

We will not have control over the price when we want to buy some BTC. A smarter play is to play short when the price reaches resistance. Apart from that, what makes the market volatile is that mass sales (whale sales) also have the potential to cause a deeper market fall, especially if accompanied by fake news. This is where it is important to read and understand market conditions for decision making so that you don't make mistakes to make money as stated above.

So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.