I dont like predicting btc price or moves but here is what i think i see

bettercrypto

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Quote from: MiF on March 07, 2023, 09:40:43 PM

Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Reason why Im opened this topic i see everywhere there is a lot panic.
The btc now in 23k zone the 24300-24500 is top.

Even the so called experts saying that we go down yes we might but we need to understood that 23k price range is lowest now.
If anything then 22300-22500 is perfect price to Open long position.

I would say this it's time to stop guessing and gamble and come to me i'll teach you how it's working.

I Also looking to connect and share ideas with people who see Same things that means you follow the Same indicators and you probably have instutional Investment education and Id like to talk with you so we both can share ideas and probably connect.

Panic is a normal thing to those who are newbie and can't control the emotions when it comes to holding specially during a bear season, but the bitcoin investment is just like gambling so before we start buying we need to know that the cryptocurrency has a high volatility and it is a very risky investment, in my part after i buy, i will not open my wallet during bear season and open it when bull season begin. Because i know bear season will make me disappointed when i look at my investment go down fall.

It's not just newbies who experience panic, especially if its value suddenly drops in the market. Even those who have been here for a long time in cryptocurrency feel the same panic.

It's just that other long-term holders of bitcoin do not understand that no matter what happens to its value, even if the market drops a lot, they should know when to sell their holdings, not that they will immediately panic even though he has held the bitcoin for less than a year. he bought it. Do you get what I mean?

LUCKMCFLY

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Quote from: gunhell16 on March 05, 2023, 08:32:26 AM

Quote from: Findingnemo on March 02, 2023, 05:14:15 AM

A newbie who just created an account is willing to teach people about how to predict the price or am I getting something wrong?

No matter how much good with your technical analytic skill its impossible to find the price movements with 100% with constant rate so we all have to remember the analysis is just a part amd lot of other factors affecting the price too.

BTW I won't be surprised if bitcoin falls below 20K or passes 30K in the next 24hr time frame.

All of us here are free to express opinions, analysis, and so on as long as it does not harm or hurt others emotionally. If I look at the date he made that post, after some 1 0r 2 days if I'm not mistaken, his prediction is almost close to the current decrease in bitcoin's value and recovery of its height.

So I think even if he is a newbie here in the forum it can be said that he is not a newbie in the crypto trading analysis style. I have seen a lot here that the rank of others will be long and high, but when it comes to the depth of knowledge in trading, it is not that wide, in fact, other newbies even know more about ideas and analysis when it comes to crypto trading.

The volatility in the market is something that makes it difficult for us to make a good prediction, but it does not matter if one is wrong, there are many things that can help us to predict movements, in my case I use the Wyckoff method a lot, it is a method that can be It was created many years ago, and I like to combine it with the teachings of Livermore, this has helped me a lot, but in the long and medium term, I still do not have a good run when it comes to predicting prices in the short term, it is something that worries me too much, Technical analysis is something that is always taken into consideration, however it should not be scary to do it, making mistakes in trading is very common.

JoyMarsha

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Quote from: Squaremile777 on March 04, 2023, 10:15:04 AM

Sometimes when too many people start to understood the game rules then the rules Will be changed and it takes time to learn new rules of the game.
That's why the smaller circle of humans knows the rules of the game the longer it will last with the Same rules the game again.
So off course Im not interested to make it all the info to public it's my own food what i eat i did hunt this food didnt get it for Free.

At the end of all your preaching on trading discussion, this is where it ends "a charge for payment on how to trade on bitcoin''.
In case you are looking for where to showcase your talent in trading, you can bring it up on the service board and write your charges than this prolongs talks that you have mastered the act of trading.

Husires

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Reason why Im opened this topic i see everywhere there is a lot panic.
The btc now in 23k zone the 24300-24500 is top.

The real panic was when we broke the resistance level and the price moved away from $20,000 with all the bad news that was appearing daily. Many believed that it was the end and that we would return to the levels of $10,000. Therefore, what is happening now will not make anyone panic, especially those who bought higher than 30K.

Banishing your feelings while trading is the first step, and then you will be able to achieve profits, otherwise your profits will be subject to chance.

Strongkored

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Reason why Im opened this topic i see everywhere there is a lot panic.
The btc now in 23k zone the 24300-24500 is top.

When the price of BTC rises and vice versa, it's only day traders who always feel the need to find out why as a reference for the next step, but long term holders will not always focus on the movement of BTC every day.
I believe this will always happen and keep repeating the price goes up and down and so on it's nothing special and the news that comes out is only used to make the market react but Bitcoin will come up again.
Strange you don't like to predict prices but do it, so what's the point.

yhiaali3

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About a week ago, Bitcoin was in consolidation in a price range between 23-22k$, today the price fell to 21700$ with negative news and the Fed's suggestion of further interest rate increases.

Also, we are on a date tomorrow,10 March, with the start of the distribution of the dues of those affected by the Mt.gox exchange, so expect more declines.

We may visit the 20K$ area during the month of March, as expected, but I am optimistic that this negativity will not last for long, and we may witness an increase at the end of this month.

GreatArkansas

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Even the so called experts saying that we go down yes we might but we need to understood that 23k price range is lowest now.
If anything then 22300-22500 is perfect price to Open long position.

These drops could also be a pullback for me because of what we experienced a lot of pumps during the start of the year 2023.
So for me, yes, there are a lot of possibilities that this is just a pullback, I am positive also because we are still sitting above $20,000 for this level for me is a huge support and significant level.
Another thing you see when we do dump, it's not really huge, and we are now experiencing a lot of sideways.

GiftedMAN

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Reason why Im opened this topic i see everywhere there is a lot panic.
The btc now in 23k zone the 24300-24500 is top.

Even the so called experts saying that we go down yes we might but we need to understood that 23k price range is lowest now.
If anything then 22300-22500 is perfect price to Open long position.

I would say this it's time to stop guessing and gamble and come to me i'll teach you how it's working.

I Also looking to connect and share ideas with people who see Same things that means you follow the Same indicators and you probably have instutional Investment education and Id like to talk with you so we both can share ideas and probably connect.

If you can predict the market very well then it will be more preferable you tell us what you think about the market than asking people to ask you so you can tell them what move the market is capable of going. Bitcoin price can be very uneasy to determine that is why we have to analyze what we think and wait for the market to move in it direction than becoming too confident on where the market is going and at the end we see the market going to another direction. Trading is not easy and we need to understand that everything we analysis or predict is just a speculation of a guess work.

ethereumhunter

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If people can control their emotions, especially when the market is experiencing a correction, they can see it as a way to accumulate more bitcoins. And when they decide to invest in bitcoins, that's a great time to start buying and saving more. And if the price can't increase very much, they should keep their bitcoins in a separate wallet and not need to panic because the bitcoins are safe in that wallet.

This bear season is coming to an end soon and we just have to be patient a bit longer so we can sell bitcoin at the next peak. Hopefully, people won't panic even though they don't know enough about this bear and bull season and can hold their bitcoins until the price increases.

MiF

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Reason why Im opened this topic i see everywhere there is a lot panic.
The btc now in 23k zone the 24300-24500 is top.

Even the so called experts saying that we go down yes we might but we need to understood that 23k price range is lowest now.
If anything then 22300-22500 is perfect price to Open long position.

I would say this it's time to stop guessing and gamble and come to me i'll teach you how it's working.

I Also looking to connect and share ideas with people who see Same things that means you follow the Same indicators and you probably have instutional Investment education and Id like to talk with you so we both can share ideas and probably connect.

Panic is a normal thing to those who are newbie and can't control the emotions when it comes to holding specially during a bear season, but the bitcoin investment is just like gambling so before we start buying we need to know that the cryptocurrency has a high volatility and it is a very risky investment, in my part after i buy, i will not open my wallet during bear season and open it when bull season begin. Because i know bear season will make me disappointed when i look at my investment go down fall.

pixie85

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Quote from: Findingnemo on March 02, 2023, 05:14:15 AM

A newbie who just created an account is willing to teach people about how to predict the price or am I getting something wrong?

Newbie, or not, he has his own ideas and predictions and we can't deny that. You don't know people's background. They may be newbies here and in real life traders with 20 years of experience.

Quote

No matter how much good with your technical analytic skill its impossible to find the price movements with 100% with constant rate so we all have to remember the analysis is just a part amd lot of other factors affecting the price too.

BTW I won't be surprised if bitcoin falls below 20K or passes 30K in the next 24hr time frame.

You can make a decent long term prediction though, and you can make short-term ones that don't account for possible manipulation. Silvergate is one of such unpredictable events just like Luna was and later FTX.

I had my own predictions for the bottom of bear market and I stand by it. I think that the bottom is in and it would have been in in 22000 at the lowest if not for scammers. This is why this level is so crucial and why people lingers here for so long. 22000 is like 6000 in 2018-2019 bear market. We held on to it, went below it, back up to it and stayed there. We can still go below it but will always come back.

fullhdpixel

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Quote from: KingsDen on March 04, 2023, 10:30:09 AM

You cannot be so certain that many traders know this forum. You could be wrong about that, there are people who doesn't know about this forum.
In the other ways, you are also correct. The are some professional traders who are aware of this forum but do not need it as information shares here might be too elementary to them.
Besides, a larger percentage of information shared here are given so for free and professional traders who spent alot money to be what they are today might not be comfortable releasing such information for free.
A professional trader who makes real money might not be needing this forum because they are much occupied.

If they are an experienced trader, chances are they already heard about this forum and maybe registered an account here but for the newly entrants, this forum can still be foreign to them. A pro trader who wants to make more (passive) money can post teasers here to entice people to join their premium group.

To @op, you are right, you don't really like predicting because your predictions aren't really good enough in my opinion but don't worry as you can still improve as long as you will keep on practicing. I don't think people are panicking now, but panic buying for the last minute may be, because there is a tiny decline and probably the last that we can see for a while.

Dragonfund

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

Reason why Im opened this topic i see everywhere there is a lot panic.
The btc now in 23k zone the 24300-24500 is top.

Even the so called experts saying that we go down yes we might but we need to understood that 23k price range is lowest now.
If anything then 22300-22500 is perfect price to Open long position.

I would say this it's time to stop guessing and gamble and come to me i'll teach you how it's working.

I Also looking to connect and share ideas with people who see Same things that means you follow the Same indicators and you probably have instutional Investment education and Id like to talk with you so we both can share ideas and probably connect.

The initial paragraph of your post made me want to take you seriously, but I soon lost interest when you started blabbing about how you intended to educate others with trade. You may not be aware of the fact that every trader has a different style of trading, and that people's predictions depend on how the market feels to them. You may believe that 23k is the top, but I disagree. This local resistance can be broken with strong demand and more USDT issuances, but as of right now, I don't believe that the available USDT can surpass the previous ATH.

pawanjain

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Quote from: Findingnemo on March 02, 2023, 05:14:15 AM

A newbie who just created an account is willing to teach people about how to predict the price or am I getting something wrong?

No matter how much good with your technical analytic skill its impossible to find the price movements with 100% with constant rate so we all have to remember the analysis is just a part amd lot of other factors affecting the price too.

BTW I won't be surprised if bitcoin falls below 20K or passes 30K in the next 24hr time frame.

You are definitely not wrong. We have see many experts predicting prices and still failing to be accurate in their analysis.
Here comes a newbie to teach us how to trade. Over confidence drives the balance downwards.
Crypto has shown time after time that no matter how good we are at trading, we can never be accurate at predicting crypto prices.

Husires

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I agree with you, the worst thing that may happen now is that the price drops below nineteen thousand, and then your loss will not exceed 6%, and therefore it is not a big loss, but it is a long-term entry point, as the possibility of increasing the price above 30k, which represents a good profit, you may need more of the months.

So for those who want to venture in the long term, the opportunity is now golden.

blockman

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Quote from: Squaremile777 on March 02, 2023, 05:01:01 AM

I would say this it's time to stop guessing and gamble and come to me i'll teach you how it's working.

This is an open market and community and you can't stop people if many are predicting and guessing the price of bitcoin. And why should people come to you?
If you don't like predicting bitcoin then don't look at those places and sections where people have no other thing to do but to discuss about the market and their thoughts about it.
Also, you can't remove speculations and predictions from this very speculative market so if that's irritating you it's much better if you avoid the market for the meantime.

suzanne5223

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Instead of you telling people to come to you so you can educate them about how things are in terms of reading the market's next trend, I will advise you to create a dedicated thread for this and provide your market prediction because both experienced crypto market analysis and the newbies are still guessing the market next trend because they market volatility can take any form of shape which will trigger the market downtrend that there's no way you'll what impact it.

maydna

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Quote from: borovichok on March 05, 2023, 03:22:13 AM

Quote from: maydna on March 04, 2023, 12:28:43 PM

And I think right now it is a good position to go long because BTC is on the bottom and there is a possibility that the price will go up or bounce higher next week. But if that doesn't happen, we must anticipate it by placing a stop loss so we don't suffer big losses.

In trading, we can set a stop loss to guard against the possibility of the price reversing quickly, which we cannot anticipate quickly either. And with the stop loss, the long or short position we have placed will immediately execute it and reduce the risk.

The uptrend and downtrend are designed to guard our decision and motive in the market. Bitcoin have a good entry if we follow the chart, because in the previous 24 hours, Bitcoin ATL was $22,198.98 and ATH $22,613.69 triggering a buy option for traders who was waiting for a good spot to enter trades on bitcoin. It's present price is $22,392.82, that means there's strong retest point that will fall back to ATL. However Bitcoin exhibit high probability of volatility and we should always map out plan B incase the chart goes different ways with our prediction. I've setup my entries because I'm confident that Bitcoin might hit a new ATL this week, the market is still bearish and there's need to apply caution when trading this period. Shorting is the best alternative but will be manage with crucial SL and TP if it hits any of the precise option.

I think if you can enter the market at this price, that's also fine, even though there is a possibility that the price will fall again. And if that happens, you can place another buy order at another low price. And I have a feeling some traders came into the market when the market crashed yesterday and are now starting to see some signs of upside from bitcoin because today, the price is much higher than it was a few days ago. And there is a possibility to see the price will start to increase the next day because usually, after a decline which we know as a correction, the price will start to recover.

But indeed, I agree with you that the bitcoin market is currently still in a bearish position so we must be very careful in entering the market. Prepare your analysis in advance to determine when to enter the market, and if you have, you can place your order and wait for it to be filled.

gunhell16

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Quote from: Findingnemo on March 02, 2023, 05:14:15 AM

A newbie who just created an account is willing to teach people about how to predict the price or am I getting something wrong?

No matter how much good with your technical analytic skill its impossible to find the price movements with 100% with constant rate so we all have to remember the analysis is just a part amd lot of other factors affecting the price too.

BTW I won't be surprised if bitcoin falls below 20K or passes 30K in the next 24hr time frame.

All of us here are free to express opinions, analysis, and so on as long as it does not harm or hurt others emotionally. If I look at the date he made that post, after some 1 0r 2 days if I'm not mistaken, his prediction is almost close to the current decrease in bitcoin's value and recovery of its height.

So I think even if he is a newbie here in the forum it can be said that he is not a newbie in the crypto trading analysis style. I have seen a lot here that the rank of others will be long and high, but when it comes to the depth of knowledge in trading, it is not that wide, in fact, other newbies even know more about ideas and analysis when it comes to crypto trading.

borovichok

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Quote from: maydna on March 04, 2023, 12:28:43 PM

And I think right now it is a good position to go long because BTC is on the bottom and there is a possibility that the price will go up or bounce higher next week. But if that doesn't happen, we must anticipate it by placing a stop loss so we don't suffer big losses.

In trading, we can set a stop loss to guard against the possibility of the price reversing quickly, which we cannot anticipate quickly either. And with the stop loss, the long or short position we have placed will immediately execute it and reduce the risk.

The uptrend and downtrend are designed to guard our decision and motive in the market. Bitcoin have a good entry if we follow the chart, because in the previous 24 hours, Bitcoin ATL was $22,198.98 and ATH $22,613.69 triggering a buy option for traders who was waiting for a good spot to enter trades on bitcoin. It's present price is $22,392.82, that means there's strong retest point that will fall back to ATL. However Bitcoin exhibit high probability of volatility and we should always map out plan B incase the chart goes different ways with our prediction. I've setup my entries because I'm confident that Bitcoin might hit a new ATL this week, the market is still bearish and there's need to apply caution when trading this period. Shorting is the best alternative but will be manage with crucial SL and TP if it hits any of the precise option.

Topic: I dont like predicting btc price or moves but here is what i think i see (Read 378 times)