FALLING FALLING! | Bitcointalksearch.org

South Park

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Quote from: Ben Barubal on December 02, 2023, 07:53:09 PM

Quote from: Out of mind on November 22, 2023, 10:36:32 AM

I think with 2024 coming up and Bitcoin halving in April, the price may see some upside. If we follow the charts of the past, then we can definitely understand what is going to happen in the Bitcoin market in the coming days. But after the halving there is a possibility that the price of bitcoin will decrease a bit, I think that time the price of bitcoin may actually be in the middle of $40,000.

Well, obviously, the market is in an uptrend right now. If the situation is really in a bullish trend right now, then it's the month of December, which usually has a price increase every time this month comes before the end.

Many expect that the entry of January 2024 will be the beginning of a minor bull run due to the upcoming halving in the month of April. Even I get excited about what can happen, but I'm not expecting anything, as long as we can get excited if we also have holdings, because excitement is meaningless if you don't have any holdings.

We are actually very close to 40k now and it seems as if it just a matter of time before that resistance level can be broken and bitcoin can grow even more before the end of the year, I will admit that I am a little bit surprised by what I am seeing and I am wondering if the upcoming bull run is going to be way bigger than I anticipated, because a price of 40k when the halving has not even taken place may seem to indicate that bitcoin could surpass its previous all time high with ease.

Ben Barubal

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Quote from: Out of mind on November 22, 2023, 10:36:32 AM

I think with 2024 coming up and Bitcoin halving in April, the price may see some upside. If we follow the charts of the past, then we can definitely understand what is going to happen in the Bitcoin market in the coming days. But after the halving there is a possibility that the price of bitcoin will decrease a bit, I think that time the price of bitcoin may actually be in the middle of $40,000.

Well, obviously, the market is in an uptrend right now. If the situation is really in a bullish trend right now, then it's the month of December, which usually has a price increase every time this month comes before the end.

Many expect that the entry of January 2024 will be the beginning of a minor bull run due to the upcoming halving in the month of April. Even I get excited about what can happen, but I'm not expecting anything, as long as we can get excited if we also have holdings, because excitement is meaningless if you don't have any holdings.

JunkieMiner

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Quote from: lalabotax on December 02, 2023, 04:56:50 PM

Quote from: FASTPROFITTRADER on August 22, 2023, 05:09:14 PM

Have you seen a double top on the weekly chart? what price will we go down to?Have you been hedging for a long time?

Usually there will be a market correction after an increase like this, right? So basically there is no need to panic. Determine the next strategy and tricks to take advantage of the existing moment. Do you want to hold, or take prfits first and buy again when the price drops later. This depends on our strategy. What is certain is, don't panic, stay calm and wise to get smart decisions.

Market mostly changes as we have seen the price now has been above $39k of the bitcoin. If we see some positive steps in the market and a move we have to change our strategy but only if we have some loss in the previous one. By changing strategies there would be a guarantee of the project that how can we cover our own profit in some days and the time which we had given to ourselves. Most users just wat for the better market condition in which they can make their profit it has also a better thinking as compared to the first one.

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Quote from: FASTPROFITTRADER on August 22, 2023, 05:09:14 PM

Have you seen a double top on the weekly chart? what price will we go down to?Have you been hedging for a long time?

Usually there will be a market correction after an increase like this, right? So basically there is no need to panic. Determine the next strategy and tricks to take advantage of the existing moment. Do you want to hold, or take prfits first and buy again when the price drops later. This depends on our strategy. What is certain is, don't panic, stay calm and wise to get smart decisions.

Romeotom

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Maybe this is an unfavorable moment of the bull run market because the crypto market is now floating so only dump or pump prevails. How Are You Saying That Crypto Markets Fail? If the best token gets dumped, it's good news for you because you can bag yourself a cheap price. Also, when is the best time to buy tokens when the crypto market is always high.

dansus021

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Quote from: South Park on November 26, 2023, 03:50:36 PM

And if that correction happens then we need to receive it with open arms, many people are afraid of watching the price falling, but they should not be, the price going down before the bull run would probably be one of the last opportunities to buy bitcoin for a cheap price that we may have and we cannot let it go just like that, in the case it appears of course, however it seems that despite the attempt to generate enough FUD for this to happen, the demand for bitcoin is so strong that such news did little to bring the price of bitcoin down.

and the correction is here, now bitcoin is trading at the 37.5 from the high of 38K and it is a good thing guys when the price is falling it means accumulating more. The news out there seems bad but you know forget about the noise the bad news is will be there but here we are come back stronger like always. Buy more and HODLLLL

South Park

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Quote from: dansus021 on November 23, 2023, 08:47:24 PM

Quote from: Taskford on November 22, 2023, 03:21:46 AM

Many are looking for temporary fud happening by CZ issue and get afraid to see more dump, but they don't even realize that there's more good thing to happen than that since what happen to those guys is small issue that can easily forgotten by many people. If recovers and it touch at $37k again for sure many people will get hype up again then find another way to accumulate. I also believe that any issue that might occur cannot do further damage since what's more strong now is the sentiment of people regarding on possible bull run effect brought by halving next year. For now I will pay an attention on what will be the movement of the market since for me this is a perfect time to accumulate since the market is currently giving us a discount.

But after all the bad news coming up and exhausting from the technical side I think yes we probably going to see a correction, the worse is 30K but I dont think gonna touch that level just watch out guys and keep the DCA Cool

And if that correction happens then we need to receive it with open arms, many people are afraid of watching the price falling, but they should not be, the price going down before the bull run would probably be one of the last opportunities to buy bitcoin for a cheap price that we may have and we cannot let it go just like that, in the case it appears of course, however it seems that despite the attempt to generate enough FUD for this to happen, the demand for bitcoin is so strong that such news did little to bring the price of bitcoin down.

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Quote from: Taskford on November 22, 2023, 03:21:46 AM

Quote from: Xampeuu on November 22, 2023, 02:53:41 AM

If you look at the trend line, I think this is actually a good sign, considering that an upward trend is forming, and currently it is possible that it will experience a decline. If we are traders, I think it is useful to hedge, but if we invest then I I think releasing it would be better, considering that it could happen due to a strong push that the price immediately shoots up, or being an investor, of course you don't pay too much attention to price fluctuations.

Many are looking for temporary fud happening by CZ issue and get afraid to see more dump, but they don't even realize that there's more good thing to happen than that since what happen to those guys is small issue that can easily forgotten by many people. If recovers and it touch at $37k again for sure many people will get hype up again then find another way to accumulate. I also believe that any issue that might occur cannot do further damage since what's more strong now is the sentiment of people regarding on possible bull run effect brought by halving next year. For now I will pay an attention on what will be the movement of the market since for me this is a perfect time to accumulate since the market is currently giving us a discount.

But after all the bad news coming up and exhausting from the technical side I think yes we probably going to see a correction, the worse is 30K but I dont think gonna touch that level just watch out guys and keep the DCA Cool

Bushdark

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Quote from: dansus021 on November 21, 2023, 08:58:17 PM

I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period

I can't even find any double top op was expressing himself about. I think you need to check other time frames so that you can be assured of whether double tops is visible or not. If truly you were able to find our double tops then that would be a big bull trend or bear trend for the Bitcoin market depending whether it is an inverted double top or the other way round. I believe the bull market would not take much time to be available to us. All we need to do now is to keep accumulating and waiting for when the price of Bitcoin will shoot up..

DVlog

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Quote from: FASTPROFITTRADER on August 22, 2023, 05:09:14 PM

Have you seen a double top on the weekly chart? what price will we go down to?Have you been hedging for a long time?

We have been accumulating for the next two years. Actually its the full bear season so those who have been doing DCA for this long must have been sitting with a good average price for whatever crypto they are holding right now. There can be another major correction but that doesn't mean we need to book profit right now. If the market is falling then let it do that we will accumulate more in this correction. We have been doing this for years so let these few months do whatever they are planning to do with the market.

TakeItEasy

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Quote from: Out of mind on November 22, 2023, 10:36:32 AM

I think with 2024 coming up and Bitcoin halving in April, the price may see some upside. If we follow the charts of the past, then we can definitely understand what is going to happen in the Bitcoin market in the coming days. But after the halving there is a possibility that the price of bitcoin will decrease a bit, I think that time the price of bitcoin may actually be in the middle of $40,000.

With the halving there are many chances that the price will rocket up and due to this we can also see the other coins prices to the moon. Not only bitcoin will have benefits from it but we can also expect some big move throughout the year from other coins and we can also have some big movements seen in the coming months before the halving that would be nice.
As we can also see the Eth price up with having the bnb and also there must be possibility that the bitcoin would cross this time $50k and that it would cross easily without any problem. Previously it was far better than the price it has now and we have seen its pumping and great move after the $20k and we can also expect the same move at the bitcoin halving.

Out of mind

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I think with 2024 coming up and Bitcoin halving in April, the price may see some upside. If we follow the charts of the past, then we can definitely understand what is going to happen in the Bitcoin market in the coming days. But after the halving there is a possibility that the price of bitcoin will decrease a bit, I think that time the price of bitcoin may actually be in the middle of $40,000.

benalexis12

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Quote from: Taskford on November 22, 2023, 03:21:46 AM

Quote from: Xampeuu on November 22, 2023, 02:53:41 AM

Quote from: dansus021 on November 21, 2023, 08:58:17 PM

I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period

If you look at the trend line, I think this is actually a good sign, considering that an upward trend is forming, and currently it is possible that it will experience a decline. If we are traders, I think it is useful to hedge, but if we invest then I I think releasing it would be better, considering that it could happen due to a strong push that the price immediately shoots up, or being an investor, of course you don't pay too much attention to price fluctuations.

Many are looking for temporary fud happening by CZ issue and get afraid to see more dump, but they don't even realize that there's more good thing to happen than that since what happen to those guys is small issue that can easily forgotten by many people. If recovers and it touch at $37k again for sure many people will get hype up again then find another way to accumulate. I also believe that any issue that might occur cannot do further damage since what's more strong now is the sentiment of people regarding on possible bull run effect brought by halving next year. For now I will pay an attention on what will be the movement of the market since for me this is a perfect time to accumulate since the market is currently giving us a discount.

Maybe it's related to Cz's decrease in his position in Binance, so there was a temporary fall in the market, but I am pretty sure that he will recover. So I think, based on what I see in the chart graph, it will be a long position for a while.

Then, sell when you see a breakout in that chart reading. That's the same repeated cycle in the trading activity of every individual trader; in fact, this is if you know something about crypto trading as well.

Taskford

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Quote from: Xampeuu on November 22, 2023, 02:53:41 AM

Quote from: dansus021 on November 21, 2023, 08:58:17 PM

I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period

If you look at the trend line, I think this is actually a good sign, considering that an upward trend is forming, and currently it is possible that it will experience a decline. If we are traders, I think it is useful to hedge, but if we invest then I I think releasing it would be better, considering that it could happen due to a strong push that the price immediately shoots up, or being an investor, of course you don't pay too much attention to price fluctuations.

Many are looking for temporary fud happening by CZ issue and get afraid to see more dump, but they don't even realize that there's more good thing to happen than that since what happen to those guys is small issue that can easily forgotten by many people. If recovers and it touch at $37k again for sure many people will get hype up again then find another way to accumulate. I also believe that any issue that might occur cannot do further damage since what's more strong now is the sentiment of people regarding on possible bull run effect brought by halving next year. For now I will pay an attention on what will be the movement of the market since for me this is a perfect time to accumulate since the market is currently giving us a discount.

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Quote from: dansus021 on November 21, 2023, 08:58:17 PM

I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period

If you look at the trend line, I think this is actually a good sign, considering that an upward trend is forming, and currently it is possible that it will experience a decline. If we are traders, I think it is useful to hedge, but if we invest then I I think releasing it would be better, considering that it could happen due to a strong push that the price immediately shoots up, or being an investor, of course you don't pay too much attention to price fluctuations.

dansus021

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I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period

Richkiedx

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Just hold don't panic

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Quote from: FASTPROFITTRADER on August 22, 2023, 05:09:14 PM

Have you seen a double top on the weekly chart? what price will we go down to?Have you been hedging for a long time?

If you have seen a double top, you need to check the time frame where it is present. This is one of the important we need to checkout for when we are looking for market patterns to use and trade in the market. Checking the time frame matters a lot so it will help us to know if that could be a fake out. I have seen many double tops on the lower time frame but I don't consider that as an option for going fully out or in to the market. Anything you are planning, you in need to be very careful because this time around, fundamental analysis is what determines the upward and downward movement.

South Park

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Quote from: poodle63 on November 14, 2023, 07:21:14 PM

Quote from: Captain Corporate on November 14, 2023, 04:53:27 PM

It is such a sad thing to see people who are still afraid when we are at 35k+ levels. Even if we fall to 30k levels, that is to be expected after such a huge increase and we shouldn't really be bothered by it if you ask me. I understand that it may not be all that great feeling to see it go down a bit, but we have gone up from 25k, and unless it goes under 30k, I am not going to fear the price. We are going to get closer to halving, so there will be a lot of people who take profit and wait for the halving and buy after that, literally like one day after it. So we should calm down about these dips here and there, its normal and it shouldn't fear us, because we know it will still go back up again.

too many people gets too fixated on the correction not knowing its completely normal occurrence if it getting down i'm not surprised but I know not to dump my coin right now because its still undervalued compared to what it was few years back when it was reaching the ATH. as you said, halving might be good indication that the market will be rallying from now on becoming better and better in terms of value. there will be some corrections pulling it back, of course it was to be expected, it couldn't sustain straight rally until it hits even beyond $50K.
but just know that bitcoin isn't stopping at $35K, many news appearing, BTC ETF, ETH ETF, and many more, it remembers me the previous bullrun where many good news also appearing before bitcoin truly taking off, and at that time the bullrun was massive.

Without a doubt, if you are holding solid coins which have been on the market for a long time and that have a good set of developers behind it then there is no point at all on dropping those coins, in fact what we must do is the opposite and try to buy all the coins that we can, as once the bull run starts not only the price of all of those coins will go up, making them way more difficult to buy, but also I expect the fees and the times needed to wait to get a transaction confirmed to be very long, and you will want to reduce the number of transactions that you make at the time due to the high fees and congestion.

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Quote from: TelolettOm on November 14, 2023, 06:39:48 PM

Quote from: Captain Corporate on November 14, 2023, 04:53:27 PM

It is such a sad thing to see people who are still afraid when we are at 35k+ levels. Even if we fall to 30k levels, that is to be expected after such a huge increase and we shouldn't really be bothered by it if you ask me. I understand that it may not be all that great feeling to see it go down a bit, but we have gone up from 25k, and unless it goes under 30k, I am not going to fear the price.

The strange thing is that when the price went up yesterday, many people were very enthusiastic about buying Bitcoin because they felt very happy that Bitcoin had risen quite significantly. And in the end, when Bitcoin experienced a market correction, they became panicked and afraid, and did not dare to buy Bitcoin again because they were worried that the price would fall further. Isn't this a bit odd? This should be a moment for us who can actually get more Bitcoin because the price is falling. Meanwhile, we still have high confidence that this is a market cycle that in fact Bitcoin's price will rise again, even bigger. As long as you don't panic sell when the price drops, as long as you still want to hold, then we will also get optimal results in investing in Bitcoin.

New investors tend to buy when the market confidence is high and sell when they see it getting low, that's how they see the market. When they see it's going up, they FOMO and start buying so that they don't miss out of the opportunity, while they miss the actual opportunities because they start selling instead of buying when the market starts declining because they fear they will lose their investments. These things will always be a part of the market.

It's only experienced and wise investors who see corrections as opportunities to fill the bags even more and sell when there are pumps after the corrections because even if you are not planning to hold for the long term, you can get good profits if you make short term trades with that. Imagine someone buying at $26k and selling at $37.5k, that's great profit for a short-term trade.

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