Get ready guys! - page 3. | Bitcointalksearch.org

EL MOHA

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Quote from: Oshosondy on October 18, 2024, 11:58:56 AM

Bitcoin has not yet gotten to $70000 not to talk of it falling back below the price.
Also know that if bitcoin get to exactly $70000 or a price slightly above, there would likely be a resistance at that point. If he can overcome the resistance and stay above $70000 for some days, likely the price will become the support.

I think most people are anticipating this particular price points because of the amount of rejection that bitcoin has encountered once it touches there, bitcoin has made a very huge resistance at that $70k with the exact price of $70,200 haven’t bounced back bitcoin price in numerous occasions to the bottom, so with bitcoin once again trying to test the resistance again many are anticipating maybe the historical trend of bitcoin been bullish in the last quarter of the years as a momentum to get pass this price. Should bitcoin get above this price then the only strong resistance left will be the $71,680 price which if taken out too will set us up for a new all time high as i don’t see any futher resistance again.

Quote from: Oshosondy on October 18, 2024, 11:58:56 AM

Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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.

What you do mean as different?

The answer could be that bitcoin price pattern this time wouldn’t wouldn’t follow the past cycles after halving, is reason is justified already with bitcoin for the very first time reaching a new all time high right before halving which is a actually a different thing compared to past cycles. The thing I can say is the market wouldn’t be identical like the past but the long term outlook will be the same,

Lida93

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Quote from: Porfirii on October 18, 2024, 01:49:49 PM

But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming Wink

IMO, this circle is literally one of the most confusing bitcoin cycles of all time which has left many bitcoiners in dilemma about when could really be the start of the anticipated bull run with some still questioning if we've really entered the bull run that we should be fastening our seatbelts or it's almost over and we don't even know, perhaps due to the precedent bitcoin set by reaching a new ATH before the circle. However, I am harbouring the feeling that the bull run is gonna take many by surprise, especially after many weak hodlers may have dump their hodling's out of a lack of clear vision.

Koadharber

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Quote from: Porfirii on October 18, 2024, 01:49:49 PM

Quote from: tabas on October 18, 2024, 01:08:20 PM

Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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 is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.

In some sense I agree with you that every bull cycle is different, but a distinctive characteristic that has always repeated after halving was a new ATH followed by an exponential price increase. The ATH, as you said, came quicker than expected, and many, myself included, are now waiting for the next big bull run and finally wear the long-awaited laser eyes. If I had to bet, third quarter of this year was my best prediction, but many others believe that it will be in the beginning of 2025.

But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming Wink

It might be different but it would always rhyme on which it might not really that look identical but it would really be showing up on the same path on where it would be heading. It would really be that a huge disappointment if ever we wont really be seeing that huge increase on this upcoming bull run. There might be no guarantees that it would happen in 100% but at least we are already aware on how it did behave in the past on which it could possibly happen in the future but of course dont raise up too much your expectations so that you wont really be able to get disappointed or really that be angry on the moment that the price didnt hit up your expectations. It wont really be that a smooth sail ride on which it would really be always like wave like behavior where ups and downs would happen. It would really be just that depending on you on how you would gonna deal with it.

Porfirii

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Quote from: tabas on October 18, 2024, 01:08:20 PM

Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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 is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.

In some sense I agree with you that every bull cycle is different, but a distinctive characteristic that has always repeated after halving was a new ATH followed by an exponential price increase. The ATH, as you said, came quicker than expected, and many, myself included, are now waiting for the next big bull run and finally wear the long-awaited laser eyes. If I had to bet, third quarter of this year was my best prediction, but many others believe that it will be in the beginning of 2025.

But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming Wink

tabas

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That's the most exciting part: when it has reached $66k, the hopes for coming back to $70k are alive and kicking. And once we get there, the support of $70k is the better part of it while waiting for the next goal that we're all thinking and that's the 6-digit mark - the $100k. Cool

Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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 is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.

AprilioMP

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I once thought about selling Bitcoin when the price reached $70,000, but after I thought about the opportunities that would exist, I canceled the plan.

$70,000 if observed from the price chart and compared to the current market conditions, the Bitcoin price is heading towards $70,000. Hopefully I don't look excessive even though the current Bitcoin price is $68,900.

In about 13 days, October will end. The last stop of the Bitcoin price with a support price of $70,000 will further strengthen that we will enter a bull run.

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Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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.

Well, it's clear that the road to $100K is going to be full of ups and downs but I think if we pass $70K now, and zooming out, the big climb will begin, in which as you say there will be dips and in which many minnows will be fleeced by the big players in the market.

bigmanik

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Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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.

I think I agree with you on this
People who lack the foresight will most likely dump their Bitcoins when it gets to that price and it will most definitely cross it again
I will just consider it as a way of sieving out the true HODlers

salad daging

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Activate the alarm when the price is $70K it will be a Bullish signal. Cheesy

The month of October was indeed a green positive month for bitcoin although at the beginning of the month it was less interesting with the movement but now it will soon be to $70K, do not try to sell should be a strong hand.

$70K will be soon - and beyond.

Oshosondy

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Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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.

Bitcoin has not yet gotten to $70000 not to talk of it falling back below the price.

Also know that if bitcoin get to exactly $70000 or a price slightly above, there would likely be a resistance at that point. If he can overcome the resistance and stay above $70000 for some days, likely the price will become the support.

Quote from: Jawhead999 on October 18, 2024, 11:13:38 AM

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.

What you do mean as different?

Jawhead999

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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 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.

Poker Player

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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.

Topic: Get ready guys! - page 3. (Read 608 times)