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Topic: Im new here but Im old trader i keep eyes on Market. (Read 821 times)

full member
Activity: 1414
Merit: 236
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Your analysis was   70% correct for the past few weeks as the  bullish market is still on, Bitcoin is currently in the ATH, I can see that you are new in the forum,But if you are a trader either a long time trader or day to day trader. I would have advice you to buy and hold because this is the best time to cash out massively after the bull run is over, bitcoin will definitely hit 100k plus with no time, so buy and keep that is the best for now, And secondly the price has dropped and ready to pick up again soon.
If you have small money to use to buy BTC, don't rush to buy now because the market price is still high for sellers to sell to make a good profits to prepare for bear season that is about to take place for people to buy again.

Even though you are a long term trader, if you buy in this current price $66k and hodl will not allow you to make a big profit like those that buy when the price is low, because that is the best season to buy to be comfortable to earn well in the future.

I guess this drop the price dropped in the market, is a sign that the next pump will hit $100k for people to sell to achieve their target in this year.
legendary
Activity: 2464
Merit: 2094
~~~

The performance is like that, they will always press the market to get the desired price. Yes, we only need to hold BTC for 2 years at least until the end of 2025 from now on, after that the story just starts again the massive sell-off occurs again at the beginning of next year.

I think the current conditions, especially if we have been in the market for a long time, this is not too confusing, but look at it and follow the pattern as an opportunity.
I'm not really sure if the market scenario is as predictable as you say. It is inherently difficult to predict the future especially since bitcoin is unregulated and freely traded. The ATH predicted in 2025 may not be achieved as the figure mentioned, but as long as your target has been achieved then you never need to wait for the end of the year to make a profit.

It's a good idea for you not to wait for the end of the year to sell your bitcoin holdings, but the goal is to get the profit you expect. The market can reverse direction whenever it wants, this is clearly due to demand and supply factors. Waiting 18 months after the halving is an initial plan that many investors might consider, but I wouldn't wait that long if my target was already achieved.
legendary
Activity: 2716
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The performance is like that, they will always press the market to get the desired price. Yes, we only need to hold BTC for 2 years at least until the end of 2025 from now on, after that the story just starts again the massive sell-off occurs again at the beginning of next year.

I think the current conditions, especially if we have been in the market for a long time, this is not too confusing, but look at it and follow the pattern as an opportunity.
If you can be patient in holding it for more than two years, that would be even better because people who are used to the crypto market certainly already know how the crypto market cycle itself. So it is true that confusion will not easily occur for people who are very familiar with market cycles because more Bitcoin price changes often occur every four years. And this can at least still be a reference for everyone, even though it is not the only reference that must be used as a basis either.
sr. member
Activity: 2828
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Well, your trading experience OP could help you understand the market and your position. You should have to remind yourself that there is nothing in here, it is a risky and tricky market and every mistake we make will correspond to possible losses.

So I would say that never be hurry and keep yourself updated. Keeping an eye on the market charts, price trends, etc is a helping tool to make good decisions and plan. The market is so volatile so we also need to be adaptable in the situation and always have 2nd option in case the 1st option fails.
Buy now, hold, and sell later --that will work really. The bull season is not over yet, we can expect more pumps after halving. 

hero member
Activity: 1764
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To get something good from the market one must keep a sharp eye on the market. Bitcoin has been bearish for a long time after 2021 from which it tried to break out but could not rise. Now that position no longer exists. Currently, Bitcoin is on the verge of crossing that previous all-time high and setting a new high. This year Bitcoin spot ETFs entered the ETF market and another Bitcoin halving took place last Friday. Which plays a major role in increasing the investment along with increasing the confidence of the investors in the market. Bitcoin bounced back from 73k to 60k and again touched 66k. But I can guess that Bitcoin is preparing for a big bull market. This is the best time for those who have not yet held their desired coins. Bitcoin and some fundamentally strong altcoins could be massively bullish in the coming bull market. At this time it is better not to get excited but to plan how to grow your investment.
sr. member
Activity: 882
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Last update of info:  Whales shake off Market the actual base level is 66-67k for btc but whales like to take it down and then it up and and again down just to play with it and confuse traders.
But If btc price 60k-70k price range it's good price to buy


The performance is like that, they will always press the market to get the desired price. Yes, we only need to hold BTC for 2 years at least until the end of 2025 from now on, after that the story just starts again the massive sell-off occurs again at the beginning of next year.

I think the current conditions, especially if we have been in the market for a long time, this is not too confusing, but look at it and follow the pattern as an opportunity.
full member
Activity: 2576
Merit: 205
Old trader?  Grin

Grow up kid. You're not fooling anybody.

Quit acting like you know what you're talking about.

but jimbo don’t you want to read his predictions?

but, Phil, you want to see more of this?

I see btc price Will be in 1-2 days 73-75k easy.

Two days later, hits 64800!

but shorts will be liqutated the long orders power its stronger until next btc price target 75k +

Imagine going long based on this "old trader" advice.
Or even better doing some 50x leverage

And it's not just about price alone right now i see the whales buying themselfes so If they buy it then i buy it you can't go wrong If you do exacly Same what the whales doing it.

Yeah, that's the problem, you newbie!
You forgot the key element when doing what whales did, you went long when they dumped, and you have not a penny left to "fill" your bags when they do so!
So seriously, stop this farce, it's cringe material!


I said they play with it the base level are 60k and i load my bags here i don't want to miss the opportunity.
My buying plan when btc 60k-70k
Just load your bags and stop talking because you are just drowning yourself from your own words
because in the first place it seems that your claim is not reflecting in what you are saying so just keep
your bags filled with investments and just forget about your thread here lol.
Yes Bitcoin price has reached 63 thousand dollars currently. It is not unusual for Bitcoin to reach $40,000 to $45,000 after the halving.
why? have bitcoin stays more than 40k from the 2021 halving?what do you mean that it is not usual for bitcoin when there are no impossible to this market.
legendary
Activity: 2744
Merit: 1878
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I believe that the best way to go with crypto right now would be trying to get as much as possible. Accumulation is the way to go and it will definitely allow people to see the situation grow as well, if you do accumulate enough, the price will go up and you are going to profit.
Trying to get as much as possible also needs to pay attention to what coins you want to collect.
Don't just collect, but there is no certainty about how the coin will develop.

Buying gradually Bitcoin or the top Altcoins will provide a good opportunity to be able to enjoy profits when the Bull run arrives.
Especially now that the price of Bitcoin is still quite low and down from the previous ATH.

In addition, seeing how the crypto trend continues, we have what is the great potential to make more profits.
When the potential of memecoin is hype at the moment, then do your research and take part in the trend, it can generate profits quite quickly but with great risk.
hero member
Activity: 3220
Merit: 678
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The conflict between Iran and Israel may seem to be one of the reasons why the market corrected itself so quickly, but we can't be sure as you said, it could be a coincidence because we were already expecting a correction before the halving event and as we keep getting closer to the halving, the market would either move up or down drastically because there will be a lot of attention from new and old investors and there will be a large amount of volume coming in and out.

We will surely see a lot of buying pressure in the next few days or a few weeks because people will keep hoarding Bitcoin around the halving event because they are waiting for the long-anticipated bull run which showed a small signal earlier but will surely do more than that.
This is true, buying pressure will not be something small neither, people will realize that things are quite good at the moment and they are going to try their very best without a doubt. I believe that the best way to go with crypto right now would be trying to get as much as possible. Accumulation is the way to go and it will definitely allow people to see the situation grow as well, if you do accumulate enough, the price will go up and you are going to profit.

However, there are a lot of people who fear what they will do if the price goes down, in that case a trailing stop loss is the way to go so that if you do end up making a mistake then you are going to end up with a trouble and will not make a big loss if it goes down.
hero member
Activity: 1260
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It is not always easy to sell and buy back that way. You can easily sell when there is big profits and leave the money in stable coins or fiat but the challenge is buying back because the entry point will become very confusing. During the recent retracement, many people were waiting for price around $50,000 as they thought it will go that low. Most of those people did not get their orders filled because price did not reach the area they have the buy orders and if price continues to rice higher as a result of the recent bitcoin halving, they will miss the entire gains they would have made because they sold so early. Buying low to sell high is better is it is planned across market cycle and not in a short time when price has already taken off.

I agree with you on the difficulty of buying back when you sell at profits, s9me time if you are not carful you may end up losing all the profits that you already accumulated from selling at the top.

Other hard aspect of that is when you buy back and the market slid back further,  that point you lose more and more until you possibly lose all the earlier gained profits, so in general it very hard to apply that approach most especially for newbies.
sr. member
Activity: 476
Merit: 307

Last update of info:  Whales shake off Market the actual base level is 66-67k for btc but whales like to take it down and then it up and and again down just to play with it and confuse traders.
But If btc price 60k-70k price range it's good price to buy


Bitcoin at 60k to 70k is still really a high price to consider bitcoin as low price since that price is still very high, although if those that sold bitcoin at 75k or above can buy back at current price then I can say that they really buy at a good price,  but anything above 70k os already on high price to those that sold at the last all time high price.
It is not always easy to sell and buy back that way. You can easily sell when there is big profits and leave the money in stable coins or fiat but the challenge is buying back because the entry point will become very confusing. During the recent retracement, many people were waiting for price around $50,000 as they thought it will go that low. Most of those people did not get their orders filled because price did not reach the area they have the buy orders and if price continues to rice higher as a result of the recent bitcoin halving, they will miss the entire gains they would have made because they sold so early. Buying low to sell high is better is it is planned across market cycle and not in a short time when price has already taken off.
hero member
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Last update of info:  Whales shake off Market the actual base level is 66-67k for btc but whales like to take it down and then it up and and again down just to play with it and confuse traders.
But If btc price 60k-70k price range it's good price to buy


Bitcoin at 60k to 70k is still really a high price to consider bitcoin as low price since that price is still very high, although if those that sold bitcoin at 75k or above can buy back at current price then I can say that they really buy at a good price,  but anything above 70k os already on high price to those that sold at the last all time high price.

Bitcoin have shown alot of price volitilities lately since the last all time high, and for low knowledge newbies, holding they bitcoin and do less trading will put them at a secured advantage waiting for the next  all time high before trading it.
STT
legendary
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Bitcoin recovers today quite strongly but its still negative by my measure because its falling from the weekly average.   Net over the week we remain in decline even though MA are not resistance theres been little attempt to trade above that measure.

Its already looking bad now as we develop into Friday close but things can change and it will be the weekend soon.  For the lows we need to keep 63k and highs are required to trade above 65k with some certainty.   Once established there we can form further gains from that base.

For now the message of weakness continues as a trend until proven otherwise.   We are only just beginning to resolve sideways range bound action into trend negatives so this can run for a longer time yet.
legendary
Activity: 1974
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Yes Bitcoin price has reached 63 thousand dollars currently. It is not unusual for Bitcoin to reach $40,000 to $45,000 after the halving.
I'm not brave enough to say that much of a decline without there being a definite reason for the cause of the decline. You could probably tell us why, but $40k is not the number I expected after the halving.

Your assumption may be correct. Again you mentioned that you are an old trader but your account is new so you have various discussions about this. But those investing and trading in Bitcoin must have an idea of where Bitcoin is headed next. As for those who are big traders, they definitely like to take big risks and they will mostly know through their experience when they should trade and when they shouldn't And if one has the intention to invest and hold on to buying bitcoins then I think you are right that even if they invest $63k now they still have the potential to make a profit after a long period of time.
Bitcoin has a value that fluctuates over time. Every investor must be aware of the risk of price volatility and they must be wise enough in using their budget to invest. Taking advantage of the halving cycle is the plan of most investors, in fact it is not only done by experienced investors, but new investors also hope for it. The price may jump high after the halving and you can expect a new ATH in a few months.

Be optimistic about the possibility of good for the price of bitcoin rather than doubting it. This will certainly make you more confident about the potential for large profits in the future, especially when you have invested in Bitcoin. If you are willing to hold bitcoin for a few months after the halving, then it is possible for you to sell it at the new ATH.
sr. member
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I will not change my plan i stay on plan the 60k-70k base level of btc before my target 110k.
I don't think btc will fall Under 60k If anything then just 57k Lowest just to make good shake off before huge bull run.
For me no matter what's the price actually are now Im buying btc and altcoins becouse i want to be fully loaded before bull run.

If you still want to fill your bag with Bitcoin and altcoins then current worth is suitable for you to buy more because Bitcoin is at 60k$ and all other altcoins are also suffering from the dumping worth. Bitcoin has not gone down below 60k$ till now but we don't know if it will go higher or will dip more but I think you should follow your strategies in order to get what you want.

Halving is very near and everyone is in struggle to buy more altcoins as they can before halving as according to history halving established new records but this halving seems as a different and may be it elevates the price after occurrence but still everything is unknown.
member
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Yes Bitcoin price has reached 63 thousand dollars currently. It is not unusual for Bitcoin to reach $40,000 to $45,000 after the halving. Your assumption may be correct. Again you mentioned that you are an old trader but your account is new so you have various discussions about this. But those investing and trading in Bitcoin must have an idea of where Bitcoin is headed next. As for those who are big traders, they definitely like to take big risks and they will mostly know through their experience when they should trade and when they shouldn't And if one has the intention to invest and hold on to buying bitcoins then I think you are right that even if they invest $63k now they still have the potential to make a profit after a long period of time.
hero member
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All right my indicators showing now that pain might be over soon.
The local support 68k strong support and not so strong resistance is 72k If it brakes 72k then the next prices will be 75-76 and then i guess 77-78k next strong resistance.
But i see now bear market done start of the bull.
Hopefully that can be true, mate. Because I was also confused when I saw there was a slight attack in the Middle East and also the sale of Bitcoin at the Grayscale company. Bitcoin immediately experienced a price correction, but on the one hand I also think that this is just a coincidence even though the Grayscale company also has more Bitcoin at this time. And what's unique is that regular buyers continue to buy up Bitcoin every day, causing corrections to only take place in small sizes and not in the long term.
The conflict between Iran and Israel may seem to be one of the reasons why the market corrected itself so quickly, but we can't be sure as you said, it could be a coincidence because we were already expecting a correction before the halving event and as we keep getting closer to the halving, the market would either move up or down drastically because there will be a lot of attention from new and old investors and there will be a large amount of volume coming in and out.

We will surely see a lot of buying pressure in the next few days or a few weeks because people will keep hoarding Bitcoin around the halving event because they are waiting for the long-anticipated bull run which showed a small signal earlier but will surely do more than that.
hero member
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If you be a old time trader, you should already know that we have to play a role in whatever mechanism we try to employ at the same time, this is very important, so for that we can't be certain of what the price benchmark will be for Bitcoin in the next couple of days ahead and this is why we have to just make bear accurate analysis of the market and making the right decisions.
Lastly we need to pay closer attention to Bitcoin short term price movement and this way it becomes entirely clear to make at least attempts that put us not too much in a lose in both short and long term.
This will imply how important to check the market movement and analyze the situation before doing anything (buy/sell). But even if we have, still can ensure where it is going as we can't assume that what happened today or this hour will also happen the next day at the same time. But if we are a long-term investor, it doesn't need to keep our eyes on the market every day, we can do monthly.
Of course, as experienced traders, we already understand the market situation and we don't need to have an abrupt response but rather take into consideration that if the price drops today, it possibly recovers in the next few days. If we know how to invest, we also need to know how to hold them.
legendary
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We should try to measure the strength of the move, both up and down.  Right now I think 62k is the area we close above for Sunday daily bar but also the weekly bar.  Then we will develop further based on that, so April will be about attempted recovery.
And if many didn't noticed it yet, it's always the weekend where the action happens and as per the start of the week during Mondays, you'd see the recovery comes.

Like if you're looking at the price of Bitcoin now, it has went back to $65k which stayed on $64k for hours. But what's the sense of looking on the prices for hours if we're going long on this.

The most important part is if you did some action to retaliate the price move or if you didn't and you just watched it then another missed moment.
Weekends are the times when everyone has more time. I mean it's obvious that during the week days the "traders" keep on doing their trades, and that's understandable and I do agree that it makes sense for professionals to be there. But for those who work during the week days, that means weekends are the time we have to ourselves, and we have hours and hours of time to trade whenever they want to and that is why I believe that we can make a lot more money.

This should be the most important part, and I believe that we are going to see them do much better. I get that it is not easy, but it is the way to go, weekend trading is what makes the market move and we suddenly increase the volume a lot and make a lot of moves without a doubt.
hero member
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All right my indicators showing now that pain might be over soon.
The local support 68k strong support and not so strong resistance is 72k If it brakes 72k then the next prices will be 75-76 and then i guess 77-78k next strong resistance.
But i see now bear market done start of the bull.
Hopefully that can be true, mate. Because I was also confused when I saw there was a slight attack in the Middle East and also the sale of Bitcoin at the Grayscale company. Bitcoin immediately experienced a price correction, but on the one hand I also think that this is just a coincidence even though the Grayscale company also has more Bitcoin at this time. And what's unique is that regular buyers continue to buy up Bitcoin every day, causing corrections to only take place in small sizes and not in the long term.
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