I think it's time to go Short on Bitcoin - page 3.

akar87

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Quote from: cryptomaniac_xxx on March 03, 2021, 05:31:06 AM

Quote from: DJANAS on February 28, 2021, 09:55:57 AM

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

Well at least you have couple of days to short bitcoin, otherwise you will get REKT today, as the price is going up and we have touch $50k again. That's why it doesn't make sense to short it, specially in a bullish trend that we have right now. Goodluck though for those who make money or at least squeeze some profits.

But now bitcoin down again and you can try for short, but not any guarantee how last night happen when bitcoin down and touch lower price under $47k suddenly up and raise above $52k today, will the same moment tonight with bitcoin back to higher price or not because many people try to make bitcoin down and buy back for raise up again.

cryptomaniac_xxx

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Quote from: DJANAS on February 28, 2021, 09:55:57 AM

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

Well at least you have couple of days to short bitcoin, otherwise you will get REKT today, as the price is going up and we have touch $50k again. That's why it doesn't make sense to short it, specially in a bullish trend that we have right now. Goodluck though for those who make money or at least squeeze some profits.

Ararbermas

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Quote from: Viscore on February 28, 2021, 11:04:57 AM

$45k, we're still at best. I don't need to worry about that but honestly, I was hoping to drop more and give me a chance to accumulate more Bitcoin.
It sounds ridiculous hoping for a dump instead of a pump, maybe you are right but we know it only has a little chance as these huge market players keep buying.

Maybe, I just have to close my eyes this time and never have to check the price. Because it maybe might give us a surprise that we get back to $50k by tomorrow, who knows?

correct don't be scared about the current situation OP, wherein always monitor the graph instead, so that you have an information about the future of BTC price . because i agree this dump is a big opportunity to buy soon or later, so there's always a big chance for the growth rate to change direction without knowing. Be smart mate if you want to obtain more..

Xinarae*

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Even if bitcoin is dumped it is less likely to go below $ 40k I don't think it will last very long. If you go down you will go up again now is a good time to invest and hold on the price of bitcoin has gone up by about $ 45k traders can still make a profit if they invest due to the influence of whales in the market the price of the coin has come down but the bull run is going on again. Don't be discouraged wait patiently the opportunity of bitcoin will come again with bitcoin the price of altcoin will increase this time.

carelessboy

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yes. possibility to bitcoin dump 42k .but don,t panic and buy more because chance to bitcoin price crossed 70k usd in the year. hold your bitcoin if you have money go and buy bitcoin how much you can.

JooBra

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Quote from: akar87 on March 02, 2021, 01:20:48 PM

Now nice time for to go short because bitcoin down and you need entry and wait tomorrow with lev 50x maybe you can earn more than 100% profit, I think bitcoin will get correction again and need waiting will be on lower price or have to buy long, depend with your way maye bitcoin little correction and later back above $50,000.

Speaking about it here is a bit hard casue this is all time sensitive but generally for long it's good time to buy but for short depends, good technical analisys is needed.

akar87

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Now nice time for to go short because bitcoin down and you need entry and wait tomorrow with lev 50x maybe you can earn more than 100% profit, I think bitcoin will get correction again and need waiting will be on lower price or have to buy long, depend with your way maye bitcoin little correction and later back above $50,000.

New.in.trading

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Quote from: DJANAS on February 28, 2021, 09:55:57 AM

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

If I could have one wish in Trading, I would like BTCUSD to move like this:

isaac_clarke22

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Quote from: DJANAS on February 28, 2021, 09:55:57 AM

~

Going flat by $45k + lately.
Not sure what's ahead right now but it seems to stabilize around that price lately.
No panicking, lad. I got used to this kind of price pattern.

Mauser

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Quote from: DJANAS on February 28, 2021, 09:55:57 AM

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

I am not really convinced that bitcoins are going to fall a lot any time soon. Every time we see a drop in the market there is another 10% rally the next day. Like right now, bitcoin dropped below 50,000 USD just to bounce back again. In my opinion there are still a lot of buyers out there who are looking for good entry levels. It looks very risky to short bitcoins at the moment.

kolbalish

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Maybe not because it is not necessary to fall continue. There can some improvement or some stable condition for some time. In the crypto world, nothing is stable and everything is volatile by its nature. We wish there are no continue falls and BTC will back to its position.

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Quote from: DJANAS on February 28, 2021, 09:55:57 AM

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

Just because the volume right now is lesser than the one it had last week,doesn't mean you should go ahead and short bitcoin, you could lose your money in the process, majority are longing only a few are shorting, you know majority always wins, for your own good don't think of shorting bitcoin instead buy the dips, it dipped to $44k if you bought buy then you would be having some profits now cuz bitcoin has bounced back it's trading over $48k+ now.

Issa56

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I believe you shorting bitcoin currently is a bad ideas I don't think Bitcoin can come below $44k if you are shorting I probably recommend you to use stop lose which and very sure bitcoin is dip enough the next step am expecting is the bull run so I believe you should buy bitcoin now because is going to pump. What just happened to bitcoin currently is just a correction and not a dump lot's of people still want it to dip more before they enter but I believe thus is the right time to but and not to sell you just have to take the risk. If you are a trader you are a risk taker just take the risk and buy bitcoin and you will be in profit in the next few hours but don't forget to use stop lose when you are trading to reduce your lost even if you will lose.

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Quote

Maybe, I just have to close my eyes this time and never have to check the price. Because it maybe might give us a surprise that we get back to $50k by tomorrow, who knows?

Yes, it will hit another level that will enable investors to earn more from their Investment. Few days ago many investors experienced some signs concerning the dump of bitcoin, that is making them to lose hope on their investment because what they saw is not what they where expecting in the market. Despite the price of bitcoin reduced to $40k, show that the price of bitcoin is about to hit $100k soon before the end of the year.

Edsemen

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Quote from: DJANAS on February 28, 2021, 09:55:57 AM

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

The unpredictability of bitcoin market is within a hard pressures as of today, and this is really most interesting as previous performance of February did a great milestone of success. More traders earn good profit during that time while others didn't, but more interested investors is now starting to become attracted towards cryptocurrency. Hopefully, the next 24 hours we will able to see another bounce which is more bigger compared from the last time.

Peanutswar

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If you are trying to check the graph is of the Bitcoin have a downtrend still if you could see a reversal curve there is no longer to stay with the short position for sure the people would like to catch up again the next goal of another ATH which is the 60k. I tried to check with the base on MACD there is a signal already for the comeback of the coin.

Are you in short-term trading or long-term trading?. Well, it a both profitable if you manage to earn with the short position.

suzanne5223

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Quote from: gabbie2010 on March 01, 2021, 05:14:51 AM

Shorting Bitcoin near a support at $44K could be disastrous traders who shorted at $58K must have taken profit now waiting for a long position,

Shorting at the range of $44K is not disastrous if you follow the speed use by the market to regain pump in price.

Quote from: gabbie2010 on March 01, 2021, 05:14:51 AM

although some analyst predicted March as a bear month based on the previous year price action the price might prove those analyst wrong going by the price surge this morning its up for every trader to decide the appropriate zones to long personally I think the price will be bullish this month.

The market will definitely prove the analysis wrong because it is unreasonable to compare last year or previous ATH market with this current market where major investors are the institution.

agustina2

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Shorting or not is not actually a wrong move since we don't know what will happen next.

For some people, it effective, for some, it's not. Be comfortable with whatever decision so we don't feel the pressure.

Sometimes we need to dive into any option to see the result.

rhomelmabini

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Quote from: JooBra on March 01, 2021, 03:04:35 PM

It's no brainer to buy at this time, it's just a correction. We saw today a green day and everyone who bought at this dip it's pretty much already in profit. Sometimes it's better to keep it simple.

Maybe you're correct but during a bull market I wouldn't go on shorting besides I'd have enough knowledge regarding the shorting position as it's more short and quick unlike longing in it. Good thing for those who are in profit and buy the current lower low but it's possible we may never seen a lower low again or the opposite of it, maybe to 42k, 39k, 36k level and that's still a healthy correction as you say.

Traderbtcc

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I won't advise you to short bitcoin at the moment, cause you will definitely end up incurring a loss from that trade, the crypto market is very volatile right now, most people (like me) have stayed away from trading for now due to the losses they have had, one thing we must understand is that the bull run is still on, bitcoin dumping to $44k was just a correction in the market, there are still alot positive sign that bitcoin will pump more this year, it's better you don't trade at all for now.

Topic: I think it's time to go Short on Bitcoin - page 3. (Read 622 times)