Topic: Has anybody expected this? - page 6. (Read 1637 times)
Honestly, the moves in the last one month or so, basically moving from 25k levels to 35k levels, that "move", was something that was bound to happen eventually. I can't say that I was expecting it to happen exactly when it happened, maybe it could have been earlier or later, I wouldn't really know the timing of it, but I knew that it would eventually happen. Why I knew that the move would happen? Because I think it would be fair to asses that the price will go up eventually before the halving when we are talking about a potential growth coming. That is an important thing and this is what we saw. I am glad it happened when it did, we still have some time until the halving, so it may go up some more.
What's really happening to the market price since the beginning of this month? I know it hasn't gotten to 2 to 3 week but the current price is $35k and it seems like it will go back down anytime soon. What's stopping the price of Bitcoin from hitting $35k and above? This is becoming disturbing to both traders and investors and no one would tell me that they ain't worried about it.
But with time I still feel it will surpass $35k since it seems like the current price of Bitcoin has become the resistance, let's see from now till end of this week, we're going to see something different, in a positive way.
But with time I still feel it will surpass $35k since it seems like the current price of Bitcoin has become the resistance, let's see from now till end of this week, we're going to see something different, in a positive way.
Too surprising that it goes that way because what we are thinking is just a slow recovery and price pump but what happens is really unexpected makes people ask what is the cause. But till now, we're still in the puzzle of the reason behind and what some people are saying about ETF. Well, whatever it is, still it proves that nobody sees what really gonna happen, we are all just no-how and wondering. But I don't think it is necessary to know what is the reason and besides, we're ready for the pump and the coming bull run.
The relevance of the current market increase is very close to the influence of ETFs and perhaps some whales have prepared themselves before the bull market thereby triggering the impact of daily increases of up to $5k, we may not know the actual news on the influence of the market pump but we remain optimistic that the market will recover to reach ATH in the future regardless of anything that has a positive impact on the market.But if we know the cause of the positive news that supports the current market rise then we will soon see the price above $40k, the price recovery will soon reach ATH before and maybe the price of $60k will be reached sooner than we thought and we have been waiting for that moment for some last year.
This is why whenever we do see some news then the community would really be normally be reacting into it and this is why it turns out to be that relevant whenever a news that comes out.
Its not something that the same into those previous or old year on which this market doesnt really care at all with those things. It could move out freely without needing to follow any sentiment
but since we do really have those changes like in regulation and with those sudden involvement of huge companies or centralized platforms or government then its not shocking
on why the market is really that different now.We can somewhat be able to say at least that it is something that bit manipulative.
As the market is currently at a good level hovering around $35k. We have seen the price of Bitcoin rise sharply towards the end of October, although we know that a rapid rise is not a good sign and it could fall again. But I think as the market is currently pumping and fluctuating in a steady state, the market may not be dumping too much. Currently the market is in a good position and may go higher towards the end of the year and most likely to touch $40k. This could be because the price of Bitcoin is increasing rapidly as we have years ahead of us for the Bitcoin halving. We can certainly hope that since the halving, the price of Bitcoin will continue to rise and become a bull market.
For me, increase is increase, I don't think that if it increases quickly then it decreases quickly. We can see that bitcoin is still trading above 34k$, so I never think that rising fast is not good. What's even funnier is that many people missed this price increase and considered it a price trap
. The market is unpredictable, we just need to simply think that this is just the movement of bitcoin. The $40k target is an expectation for all of us, but I think that even if we reach $40k it's not a sign that bull season is here. I still believe more in history, the bull season only really comes after a period of time the halving.
Yes, I knew that the bearish market will come to an end before the end of this year 2023 which are the signs we are experiencing from the month of October where the price increased to $30,000 to make the green light stable till November when the price hit higher again to $34,000 and it show that the price will reach $40,000 before next month. Once the price reach $40,000 next month, I think many investors will begin to release their coins for sale so that they will not regret in their waiting for $50,000 to appear before they can sell in this year but it will be difficult for the price of Bitcoin to reach that level in this season. What is happening in this month of November is a something investors need to take serious to prepare for the massive bullish market that is about to take place in the crypto market soon and it will last long to allow investors to make huge amount of income that will enable them to prepare for another bearish season to come.
As the market is currently at a good level hovering around $35k. We have seen the price of Bitcoin rise sharply towards the end of October, although we know that a rapid rise is not a good sign and it could fall again. But I think as the market is currently pumping and fluctuating in a steady state, the market may not be dumping too much. Currently the market is in a good position and may go higher towards the end of the year and most likely to touch $40k. This could be because the price of Bitcoin is increasing rapidly as we have years ahead of us for the Bitcoin halving. We can certainly hope that since the halving, the price of Bitcoin will continue to rise and become a bull market.
Thereby the price of Bitcoin increases so that people will sell more.
That's not how the market works, the price would drop if people start selling all at once whether it's for vacation or whatever, when there is mass selling to take profit, the market tends to drop down a little bit because of that, and when it's going up, it means that people are buying more because it's all about supply and demand. If more people are willing to buy compared to those who are willing to sell, the price tends to go up, similarly, if there are fewer buyers and more sellers, they start dropping the price to sell their assets as quickly as possible.So, I am sorry to say this but your view about the market and the price of Bitcoin is not accurate. The actual reason for the recent surge in prices is still unknown, but there are rumors that it's because of the fake news regarding the spot ETF being approved by the SEC which in reality is still pending.
Too surprising that it goes that way because what we are thinking is just a slow recovery and price pump but what happens is really unexpected makes people ask what is the cause. But till now, we're still in the puzzle of the reason behind and what some people are saying about ETF. Well, whatever it is, still it proves that nobody sees what really gonna happen, we are all just no-how and wondering. But I don't think it is necessary to know what is the reason and besides, we're ready for the pump and the coming bull run.
The relevance of the current market increase is very close to the influence of ETFs and perhaps some whales have prepared themselves before the bull market thereby triggering the impact of daily increases of up to $5k, we may not know the actual news on the influence of the market pump but we remain optimistic that the market will recover to reach ATH in the future regardless of anything that has a positive impact on the market.But if we know the cause of the positive news that supports the current market rise then we will soon see the price above $40k, the price recovery will soon reach ATH before and maybe the price of $60k will be reached sooner than we thought and we have been waiting for that moment for some last year.
Am not surprised at the price of Bitcoin. I have always had the mindset that anything can happen especially during the end of the year. Whenever this type of a thing occur with Bitcoin every single year i felt like most persons has sold some portion of their Bitcoin so that they can cover expenses for vacation, tourism and other activities. Because we are close to the time when people celebrate a lot. Thereby the price of Bitcoin increases so that people will sell more. This is my own view which am not certain but the main reason for the increase is still being speculated as we are still unsure.
I was actually asking about the sudden rise on the 24th of October. There was a rise of around 15% in just a day, that's approximately a $5,000-increase of the price in just 24 hours. I'm surprised that you're not surprised. Lol. But I realized it must indeed be the IBTC listing on DTCC which was interpreted as something close to the approval of BlackRock's Bitcoin spot ETF application. That caused the sudden FOMO.
You're being illogical. How can the price of Bitcoin rise when most people sell their Bitcoin to cover expenses?
Am not surprised at the price of Bitcoin. I have always had the mindset that anything can happen especially during the end of the year. Whenever this type of a thing occur with Bitcoin every single year i felt like most persons has sold some portion of their Bitcoin so that they can cover expenses for vacation, tourism and other activities. Because we are close to the time when people celebrate a lot. Thereby the price of Bitcoin increases so that people will sell more. This is my own view which am not certain but the main reason for the increase is still being speculated as we are still unsure.
I was actually asking about the sudden rise on the 24th of October. There was a rise of around 15% in just a day, that's approximately a $5,000-increase of the price in just 24 hours. I'm surprised that you're not surprised. Lol. But I realized it must indeed be the IBTC listing on DTCC which was interpreted as something close to the approval of BlackRock's Bitcoin spot ETF application. That caused the sudden FOMO.
You're being illogical. How can the price of Bitcoin rise when most people sell their Bitcoin to cover expenses?
Am not surprised at the price of Bitcoin. I have always had the mindset that anything can happen especially during the end of the year. Whenever this type of a thing occur with Bitcoin every single year i felt like most persons has sold some portion of their Bitcoin so that they can cover expenses for vacation, tourism and other activities. Because we are close to the time when people celebrate a lot. Thereby the price of Bitcoin increases so that people will sell more. This is my own view which am not certain but the main reason for the increase is still being speculated as we are still unsure.
Not that I'm a charting expert or a good technical or fundamental analyst let alone a bear, but I'm really surprised at the spike that's happened, and which is probably continuously happening as of this writing. So far, the price has already hit above $34,000. That's already more than 12% in growth in just 24 hours.
Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?
I have to admit that I'm actually a bit surprise with how bitcoin price moves. I know October is a good start to see a bullish price for bitcoin but I guess its high price increase is really unexpected. But if we are aware about the performance of bitcoin that it can go skyrocket anytime when the market is having a good position, then witnessing this unexpected price surge is not new anymore.Has anybody somehow expected this kind of thing? Has anybody had at least a tiny clue that something like this would happen? I know Uptobers have been good months, but every huge increase especially a sudden one must have a big reason. I'm not seeing one that could push such growth so fast. I was really caught by surprise. Will a Bitcoin spot ETF be certainly approved soon that insiders have already relayed to their bosses the good news and the accumulation has secretly grown stronger?
My expectation is that bitcoin price will eventually go to the moon by next year, right after the approval of bitcoin ETF, or at least couple of months after bitcoin halving. But what had happened is really surprising, but I have this feeling that bitcoin price will plunge again before its bound to reach another significant price.
I'll be totally honest, I didn't really expect this to happen, I was more optimistic about the market going sideways for at least these couple of months and then maybe going around $31k once we enter the new year but as soon as the price went above the previous resistance, which was at $31k, it didn't stop and kept going until it touched $35k and now $35k has become the new resistance point which Bitcoin isn't being able to cross and it is going up and down around it.
Those who didn't buy when the price was around $26k since they were expecting a further drop must be regretting their decision now when there are no signs of it going back to that area anytime soon, but still, since the market is highly unpredictable, anything can happen, and the price might drop again.
I have expected this to happen but not at the current time. Probably it will be after bitcoin ETF approval or when the bitcoin halving is over. That's when I have set my assumptions that bitcoin will really hit a big price after these most awaited events. But I was certainly wrong as bitcoin end up surprising us when we least expect it. Those who didn't buy when the price was around $26k since they were expecting a further drop must be regretting their decision now when there are no signs of it going back to that area anytime soon, but still, since the market is highly unpredictable, anything can happen, and the price might drop again.
However, my only fear is that when bitcoin suddenly drops down again before this year ends. This has happened already before when everyone expect for a new ATH but unfortunately, bitcoin price drops even more. But the good thing about this is that after a serious price plunge, that's when a new all time high starts to be visible. So let's just wait and see. The market is so unpredictable that it's capable to surprise us whether bitcoin price surge high or the other way around, bitcoin price drops deeply.
trying out to point your fingers into those possible reasons on which we arent that dumb on not to be able to point out with those things which its been scattered or obviously been spread out on the net
specially on that ETF thing.Speaking about these things to occur then no one really for sure did really that anticipate for these sentiments to happen and make out that huge effect on the market.
We arent still seeing those approval on SEC or something that do talk about submitting but it did really make out that effect. How much more if it gets approved?
This is why on the time that you do step your foot into this space or simply with crypto then you should really expect the unexpected things on which it is really that something
that could really happen anytime without the people do even know on whats next to happen whether going up or down on certain % on a short period of time.
This is why as an investor or trader then you should really be knowing on where to set those selling or buying points or simply taking that advantage with those movements been created.
Are you serious? From 35.5k$ to 34k3$ is normal and that's only a 2% decrease, why are you surprised? You can't expect bitcoin to go straight from $35k to $40k without any slight volatility. Don't forget that before that bitcoin also increased from $28k to $34k and for bitcoin to reach $40k it will take time and there will be volatility, but that is insignificant. But is the $40K goal too high this month? I don't think we'll get there this month.
An increase to any percentage always takes time so the journey from $35K to $40K is something that clearly takes time, because it is a fairly large distance even though it seems very common in Bitcoin and the price decline from the price you mentioned This is also a very normal decline for a coin like Bitcoin so we don't need to be surprised or surprised by this. Apart from that, volatility in the market is still needed so that there are more significant price movements this month before the last month of the year. 
I'll be totally honest, I didn't really expect this to happen, I was more optimistic about the market going sideways for at least these couple of months and then maybe going around $31k once we enter the new year but as soon as the price went above the previous resistance, which was at $31k, it didn't stop and kept going until it touched $35k and now $35k has become the new resistance point which Bitcoin isn't being able to cross and it is going up and down around it.
Those who didn't buy when the price was around $26k since they were expecting a further drop must be regretting their decision now when there are no signs of it going back to that area anytime soon, but still, since the market is highly unpredictable, anything can happen, and the price might drop again.
I have expected this to happen but not at the current time. Probably it will be after bitcoin ETF approval or when the bitcoin halving is over. That's when I have set my assumptions that bitcoin will really hit a big price after these most awaited events. But I was certainly wrong as bitcoin end up surprising us when we least expect it. Those who didn't buy when the price was around $26k since they were expecting a further drop must be regretting their decision now when there are no signs of it going back to that area anytime soon, but still, since the market is highly unpredictable, anything can happen, and the price might drop again.
However, my only fear is that when bitcoin suddenly drops down again before this year ends. This has happened already before when everyone expect for a new ATH but unfortunately, bitcoin price drops even more. But the good thing about this is that after a serious price plunge, that's when a new all time high starts to be visible. So let's just wait and see. The market is so unpredictable that it's capable to surprise us whether bitcoin price surge high or the other way around, bitcoin price drops deeply.
This is the last month of expecting anything big before entering next month, that's what ever we see coming from the market price would determine if December would be promising, just like how Oct got us to $34k and to me November have something surprising and I'm expecting the price of Bitcoin to make a drastic move to $40-$45k before the end of this month. That's going to happen only if we see a quick movement because as it is the price isn't trying to surpass $34k only went up ones to $35k then back. The month is still fresh to criticize the movement, let's watch and see how the new week will look like.
Recent market behaviors shows that the market is really confusing which is like a sign of indecision. Bitcoin price have reached $35k twice and returned to around $34k, this shows there is a resistance level around $35,500 that have held price. I don't expect price to stay in this region for long following the excitement and momentum of the market from early October. The recent crash to $34,300 is actually shocking to me as I was projecting $40k by the end of this month. All hope is not lost though, the possibility of achieving $40k before the end of this month is there. So what we are seeing in the market now might just be a minor retracement.
It won't take too long for we to see the market price break that barrier to $35k and even surpassing it, but that resistance is too strong compare to that of October, it seems like we're going to have a big delay in this month price movement. Is as if nothing is happening just a stagnant price.
With all these happening is going to make traders and investors to make a decision they never planned on making, a confusing month in the market but Bitcoin price will surely hit $35k and get past it.
This is the last month of expecting anything big before entering next month, that's what ever we see coming from the market price would determine if December would be promising, just like how Oct got us to $34k and to me November have something surprising and I'm expecting the price of Bitcoin to make a drastic move to $40-$45k before the end of this month. That's going to happen only if we see a quick movement because as it is the price isn't trying to surpass $34k only went up ones to $35k then back. The month is still fresh to criticize the movement, let's watch and see how the new week will look like.
Recent market behaviors shows that the market is really confusing which is like a sign of indecision. Bitcoin price have reached $35k twice and returned to around $34k, this shows there is a resistance level around $35,500 that have held price. I don't expect price to stay in this region for long following the excitement and momentum of the market from early October. The recent crash to $34,300 is actually shocking to me as I was projecting $40k by the end of this month. All hope is not lost though, the possibility of achieving $40k before the end of this month is there. So what we are seeing in the market now might just be a minor retracement.
Are you serious? From 35.5k$ to 34k3$ is normal and that's only a 2% decrease, why are you surprised? You can't expect bitcoin to go straight from $35k to $40k without any slight volatility. Don't forget that before that bitcoin also increased from $28k to $34k and for bitcoin to reach $40k it will take time and there will be volatility, but that is insignificant. But is the $40K goal too high this month? I don't think we'll get there this month.
This is the last month of expecting anything big before entering next month, that's what ever we see coming from the market price would determine if December would be promising, just like how Oct got us to $34k and to me November have something surprising and I'm expecting the price of Bitcoin to make a drastic move to $40-$45k before the end of this month. That's going to happen only if we see a quick movement because as it is the price isn't trying to surpass $34k only went up ones to $35k then back. The month is still fresh to criticize the movement, let's watch and see how the new week will look like.
Recent market behaviors shows that the market is really confusing which is like a sign of indecision. Bitcoin price have reached $35k twice and returned to around $34k, this shows there is a resistance level around $35,500 that have held price. I don't expect price to stay in this region for long following the excitement and momentum of the market from early October. The recent crash to $34,300 is actually shocking to me as I was projecting $40k by the end of this month. All hope is not lost though, the possibility of achieving $40k before the end of this month is there. So what we are seeing in the market now might just be a minor retracement.
This is the last month of expecting anything big before entering next month, that's what ever we see coming from the market price would determine if December would be promising, just like how Oct got us to $34k and to me November have something surprising and I'm expecting the price of Bitcoin to make a drastic move to $40-$45k before the end of this month. That's going to happen only if we see a quick movement because as it is the price isn't trying to surpass $34k only went up ones to $35k then back. The month is still fresh to criticize the movement, let's watch and see how the new week will look like.
Each year, around this time, Bitcoin always have this positive outlook a and this wave may continue till after the holiday period that is approaching now, this is because a lot of people will be stocking up on funds to be used for the holidays and travels and in doing so, they do look for currency that have some universal ability since most of the time will be spent on vocations.
So I am not surprised to see this recent market price increase with Bitcoin, because that is most expected and due to volatility it does happen all the time, that is why we are advised not to expect any particular market behaviour when it comes to Bitcoin because anything can happen at any time.
Perhaps, we have nothing to surprise because all of these pump and dumps is not unusual in the market. So I am not surprised to see this recent market price increase with Bitcoin, because that is most expected and due to volatility it does happen all the time, that is why we are advised not to expect any particular market behaviour when it comes to Bitcoin because anything can happen at any time.
I'd notice that when BER months are coming the price moves high like bullish, it is very usual as it has happened in the past years. This is why I don't think it is because of ETF rumors that send the price to rally but it is the normal reaction of the market. We have this price increase these days and it stays above $30k until the end of this month but can't be sure of its movement next month as we notice also a huge dump and sell-off during that time every year.
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