Topic: Get ready guys! (Read 608 times)
I am going to lock this thread a week after opening because although we could start the upside soon, my hunch that we would break $70K was not correct, plus there are already enough threads in this section for general speculation.
Yes I agree with you, we can see $68K or $69K anytime, but a strong bullish moment is needed to break above $70K. If Trump wins the US election on November 5th, it will have a much more positive impact on Bitcoin, and a strong bullish trend will be created on Bitcoin that will push Bitcoin to $92K. One such assumption was made by Jeff Park, Head of Strategy at Bitwise. on October 22, he mentioned in his X post that Trump's victory will take Bitcoin to $92K. We don't know how true he is about this future, but there's a good chance that Bitcoin will actually go much further if Trump wins. Now let's see what actually happens.
There is always a story when BTC will climb in the near future. Yes. Today the market is a little panicked due to the issue of their drama that is trying to find out about the circulation of the theater whether it is identified / leading to a violation with the assumption that the theater has been used by a third party for illegal activities.
The BTC price failed at going above 70K in the last few days. We need a bigger FOMO phase and more bullish news to help pump the price above 70K. Maybe the next bullish event is going to be the US presidential election on November 5th, but I'm not going to bet money that Trump is going to win. Will Trump pump the price? Maybe the political situation in the USA is going to be a win-win for Bitcoin. If Trump wins, this will be good for Bitcoin, because Trump says that he is pro-crypto. If Harris wins, the US government is about inject billions of dollars into the economy with stupid leftist politics and "helicopter money". This will also pump the Bitcoin price. Maybe there's no way for us to lose anything, by putting more money into Bitcoin.
I wouldn't say that we need FOMO, it's that the barrier to break that $70,000 is too big right now. Mentally, investors might have their sell order at $68,000-$69,000 that's why after reaching that price, we have a minor correction.
But now looking good again, price is up to $68,000 and it might continue to grow before the end of the month. And yeah, I would say that the result of the US election should be big for us if Trump wins and this could be the piece that we all have been waiting for to see the price going up in parabolic rise till the end of the year. And we have a thread on the betting between Harris and Trump and there are a speculation that if Trump wins we can see the price into the $90,000 so let's see if it will come true or not.
The BTC price failed at going above 70K in the last few days. We need a bigger FOMO phase and more bullish news to help pump the price above 70K. Maybe the next bullish event is going to be the US presidential election on November 5th, but I'm not going to bet money that Trump is going to win. Will Trump pump the price? Maybe the political situation in the USA is going to be a win-win for Bitcoin. If Trump wins, this will be good for Bitcoin, because Trump says that he is pro-crypto. If Harris wins, the US government is about inject billions of dollars into the economy with stupid leftist politics and "helicopter money". This will also pump the Bitcoin price. Maybe there's no way for us to lose anything, by putting more money into Bitcoin.
I wouldn't say that we need FOMO, it's that the barrier to break that $70,000 is too big right now. Mentally, investors might have their sell order at $68,000-$69,000 that's why after reaching that price, we have a minor correction.
But now looking good again, price is up to $68,000 and it might continue to grow before the end of the month. And yeah, I would say that the result of the US election should be big for us if Trump wins and this could be the piece that we all have been waiting for to see the price going up in parabolic rise till the end of the year. And we have a thread on the betting between Harris and Trump and there are a speculation that if Trump wins we can see the price into the $90,000 so let's see if it will come true or not.
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
the liquidity zone at $70k is definitely abundant, make me wonder if the price will touch the $70k before retracement, as the SND principle, it will always retouch either the supply zone or demand zone at some point.currently price of BTC is still unstable, but I think within a week we will see whether bitcoin's price gonna go to $70k or will retrace back to the level of $64k. either way both scenario are still showing good signs of BTC, even if it retraced back to $64k. there is still big chance that it will resume the bullrun and have even bigger rally.
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
Don’t get deceived. It’s true that the end of the year is already showing bullishness, but that does not mean that we should put all our hope on it as if there is all certainty that it must happen. Market due change and little things can just turn the candlestick around to the negative side.Those who hold can bag more, but it shouldn’t be because they expect to sell when bitcoin hits $80k before the end of the year; it should be for the shake of preparing for when ever price reaches their targeted price without setting a time frame limit.
The BTC price failed at going above 70K in the last few days. We need a bigger FOMO phase and more bullish news to help pump the price above 70K. Maybe the next bullish event is going to be the US presidential election on November 5th, but I'm not going to bet money that Trump is going to win. Will Trump pump the price? Maybe the political situation in the USA is going to be a win-win for Bitcoin. If Trump wins, this will be good for Bitcoin, because Trump says that he is pro-crypto. If Harris wins, the US government is about inject billions of dollars into the economy with stupid leftist politics and "helicopter money". This will also pump the Bitcoin price. Maybe there's no way for us to lose anything, by putting more money into Bitcoin.
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I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This is usually what happens when Bitcoin hits a new milestone. A lot of people would want to take profit but I don't think that many people will sell at 70k. At least not enough to make the price dip that much. I know that some people will take profits but with the price on $70k range, more people would be buying because a lot of people are anticipating the bull run. So even if people would sell, people who want to buy will be way more than people who want to sell and that would mean the price goes up.
I agree that
There are usually more investors in the bull run and with the much anticipation of this particular one where a lot of people believe it would exceed $100k, it would be no different.
I don't know how many people will take profits when bitcoin breaks $70k again but I agree with your thinking that there will be more buyers at that point. From what I have observed over the past few days, there are a lot of analyses and predictions that if bitcoin breaks above $70k and the price could stay there for a while. That could be seen as a confirmation signal that the bull season has arrived. I don't know where they base those claims but it shows there will be a big Fomo if Bitcoin price surpasses $70k in the coming days.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Yeah I admit this observation too but I have always think that it is caused by FOMO depending on market news at the current time.This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
Some investors does not hesitate to take their profits in any given market increase on gradual processes until they cashes out the amount of their capital. Only then they can take a maximum risk doing away with the FOMO but of serenity.
And when this consistently happens when the market is to surge, of course it would be drop the force backing the market to pump.
That is why it is hard to experience continues uptrends of Bitcoin rising. In this case, downtrends also becomes a norms even when we have gotten to the bull-run event.
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
It is very promising for Bitcoin holders that many investors are holding on to their holdings and are anticipating more bullish times. With the US election ahead, many investors are predicting a further increase in Bitcoin's value and predicting the possibility of touching $80k this year. By evaluating the nature of price movements, if an investor has a high tendency to hold his holdings, he can expect to get more profits in the future. I think another downward trend may be observed in the market as many large holders may show more tendency to increase their stash during the correction period. 
I think, guys are ready to take advantage of bullish to release their Bitcoin to make income, because the sign of bullish season is spreading for holders to know what will happen before the end of this year which will be for the favour of those that will hold for the price to reach $80,000. There are some holders who will sell their Bitcoin when the price reach $70,000 again, because they have seen some reason why they should sell and prepare for bearish season that is about to happen again. The price of Bitcoin has increased to reached $67,000 and the green light is still on, which it will make the price to increase higher to break into another high price that will move holders not to miss their opportunity.
I am selling 0.01 btc when we crack
75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
This is a good strategy, I'd probably sell some as well at those prices and will try to recoup them with my other sources.75k
77k
79k
81k
I am buying 0.1btc when we hit
48k
42k
and I stack every week via mining
pretty simple system for me.
The only difference is that I don't mine but hopefully, that's next on my radar.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This is usually what happens when Bitcoin hits a new milestone. A lot of people would want to take profit but I don't think that many people will sell at 70k. At least not enough to make the price dip that much. I know that some people will take profits but with the price on $70k range, more people would be buying because a lot of people are anticipating the bull run. So even if people would sell, people who want to buy will be way more than people who want to sell and that would mean the price goes up.
I agree that
There are usually more investors in the bull run and with the much anticipation of this particular one where a lot of people believe it would exceed $100k, it would be no different.
I don't think we're going anywhere until the president in the US is elected. After that, if Trump wins, I'd expect us to go even to $200k in an average case scenario within the next 2 years.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
$68k is dirty cheap, but there are a lot of weak hands on the way. So fasten your seat belts, because we're heading towards another bull run, I can feel.
Well, I basically expect the opposite, because of the "buy the rumor, sell the news". Since everyone is thinking like you, that if Trump comes out the stock market will go up, I think that at least at the beginning the strong hands will take advantage to fleece the retail. In fact, I think the markets are betting on Trump winning, and that's why markets in general are going up.
Eyy 70k. Slowly climbing up but I reckon we'd be seeing some sell-offs at 71k ish? Wouldn't be surprised if it dropped below it again but I reckon we won't see anything similar like what happened the last time it happened where it drastically dropped off to mid 60s. We'd probably just continue off with the usual cycle but instead of 60-65, we'd stand off at maybe 68-70k ish? Market would probably remain the same for the rest of November as well (if it doesn't take that much time for it to go above 70k).
There has been a dip just as it approached $70K but typical of when the price approaches round figures like this. Let's see how the week goes.
Eyy 70k. Slowly climbing up but I reckon we'd be seeing some sell-offs at 71k ish? Wouldn't be surprised if it dropped below it again but I reckon we won't see anything similar like what happened the last time it happened where it drastically dropped off to mid 60s. We'd probably just continue off with the usual cycle but instead of 60-65, we'd stand off at maybe 68-70k ish? Market would probably remain the same for the rest of November as well (if it doesn't take that much time for it to go above 70k).
This is just a hunch but I think we are starting the best part.
It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
For several days, the market is at 68 thousand dollars, in this case, the market can increase and exceed 70 thousand dollars at any time. If Bitcoin doesn't go above $70,000 in October, Bitcoin will go above $70,000 in November.It could be a false alarm, however
We are coming from a sideways where we have approximated the price as now several times but at the time of the cycle we are in, if we clearly break $70K I think we start the bull run for real.
Nice rise after a period of calm and boredom.
Bitcoin successfully completes 4 days of closing above $68,300 and this is a good indicator, the correction in the bull market is normal and is the result of some large owners selling part of their assets in batches and this may be repeated until the expected top at $100K.
Bitcoin has now exceeded $69K with a dominance exceeding 57% and we are waiting for it to break the $70K barrier to continue its way to the top.
Just matter of time until we hit $70k, if we see the breakthrough however, indeed we gonna see historical price rally on the making, which is great for people who have positioned themselves to long the market.
we're about to print money for good this time around
.
I think the fact that whales are accumulating BTC non-stop is a proof that BTC is just waiting for its time to have a really big rally following the trajectory of predicted $1m a bitcoin in the future, if we can reach $100k, that means we can reach $1m as the next level which gonna be huge since market cap will increase dramatically.
we will also see bearish people getting sidelined one by one, big liquidation for shorter incoming. never a good outcome shorting BTC at bullrun.
we're about to print money for good this time around
.I think the fact that whales are accumulating BTC non-stop is a proof that BTC is just waiting for its time to have a really big rally following the trajectory of predicted $1m a bitcoin in the future, if we can reach $100k, that means we can reach $1m as the next level which gonna be huge since market cap will increase dramatically.
we will also see bearish people getting sidelined one by one, big liquidation for shorter incoming. never a good outcome shorting BTC at bullrun.
Iam always too pessimistic because right now the price action is right at resistance and its been a very positive week to follow prior weeks of gains. It should proceed well but I never buy the story till its been challenged and failed in that challenge. I dont expect us to go up until its unexpected, which is not making sense especially but thats how volatile I expect BTC to be from the micro to the macro scale.
Theres only 20 minutes left, if BTC closes above 69k now I will be alot more convinced. I dont imagine just a line in the sand is what divides positive from negative, it really is the pattern and nature of the movement that should define the probability of success in a positive move that confirms or the usual selloff and breakdown to prior support that we've become used to.
Theres only 20 minutes left, if BTC closes above 69k now I will be alot more convinced. I dont imagine just a line in the sand is what divides positive from negative, it really is the pattern and nature of the movement that should define the probability of success in a positive move that confirms or the usual selloff and breakdown to prior support that we've become used to.
I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K.
This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
That's why investing into cryptocurrency is very exciting. You will see things that didn't happen in the past like what happened weeks before the halving happened. We've seen something that hasn't happened in the history of Bitcoin.This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.
I don't know if it's just me, but there are many investors think that prices divisible in "$10,000" like $50,000, $60,000 and so on and so forth are being considered as a psychological resistance/support. Well, this is just my observation, but I agree with what you said though that we might see a correction when Bitcoin's price reach $70,000. At that time, we will see the bulls and bears fighting with each other again. We've saw Bitcoin's price reaching $69,000 a few days ago, but got rejected immediately and went down yet again. As for Bitcoin, it has been an "Uptober" for it ever since the month started and we still have more than a week left.
I will not be surprised if we will be seeing something different with regards to the bull run this time.
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