Topic: It doesn't look like (Read 518 times)
It's even worse now. Not only do we not have any news making the market rise, the Corona pandemic has succeeded in bringing dull moments in the market. Well, Bitcoin is still trying to keep up and really, I hope it doesn't go down like people are predicting it will. It will be a very bad situation.
It looks like your forecast came true. Bitcoin fell below 6000, I would like to see the faces of all those who shouted yesterday that growth will await us all, finally.
The crypto market has once again proved that it is almost impossible to predict. On the Bitmex exchange, long positions worth $ 800,000,000 were eliminated.
The crypto market has once again proved that it is almost impossible to predict. On the Bitmex exchange, long positions worth $ 800,000,000 were eliminated.
The truth still remains that no one can predict the price of bitcoin, today it is on free fall tomorrow it might surge massively. Also, it can't be argued that the price has been within that range for a while now but who knows it might prove many wrong before halving. In addition, Bitcoin being the top coin in the market tends to have a mind of its own, that is, it can't be fully predicted and even without any hype it can still grow. Therefore in order not to miss out and just like it was suggested, take profit when possible and trade wisely.
I think you are under estimating the power of halving and the bullish momentum it has brought to the price of bitcoin, even if you check historically real btc bull trend has started after halving and has continued for more than a year so wise people know the importance of halving and in simple words the supply is reduced to half that drives the demand and value up so it is not a small thing.
Its not that Im not a believer here but this happening to the world have some crazy effect already. Today I saw the price continoualy declining. I know halving ia a good event for bitcoin but for the whole world to experience a serious pandemic virus that even NBA players, famous actor ( Tom hanks) has been also affected could means a big drop down to any sector and it means global crisis already.
Looks like it, man. I never thought it could brag the market down totally like this, and neither you see this coming? With this crisis remain unsolved do you think that the market will continue to decline? 'Cause I don't think it would particularly because there were nothing left to juice out here. What must be do is to wait for it to rise up again, in order for people to take the decent profit that would cover their necessities as the virus kept on continuing to spread. Besides with the incoming event, it is still long way to go, though it comes, bullrun ain't guaranteed already, since it is been showed in the history that it usually happen after a year when did the halving happened.
I think you are under estimating the power of halving and the bullish momentum it has brought to the price of bitcoin, even if you check historically real btc bull trend has started after halving and has continued for more than a year so wise people know the importance of halving and in simple words the supply is reduced to half that drives the demand and value up so it is not a small thing.
Its not that Im not a believer here but this happening to the world have some crazy effect already. Today I saw the price continoualy declining. I know halving ia a good event for bitcoin but for the whole world to experience a serious pandemic virus that even NBA players, famous actor ( Tom hanks) has been also affected could means a big drop down to any sector and it means global crisis already.
I think to buy at a low price below $8k and sell after the price $9k is a good strategy for making a good profit, but you should also hold little amount to make a good profit before halving of BTC because the price can be double or can reach the price of BTC above $10k.
I think this is the best time to accumulate more btc,if you are an investor,you need to add more,if you are a trader keep buying the low and selling the high to accumulate more, presently the price isn't stable ,so while we accumulate we look forward to the bitcoin halving and hope for the best.
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
in general, I share your logic, from myself I just want to add a significant factor in the likelihood of bitcoin prices at any time, which means that you need to be prepared for a sharp drop and in contrast to growth, not to panic and not to make mistakes, selling low.
I would say you never can tell what may likely happen to bitcoin price in the next few weeks from now.That the price is rising and falling now does not necessarily mean there won't be a surge in price this year.In as much as the price this year is far better than that of last year, it is a clue that it is going to be far better this year. We just need to be hopeful and keep investing without relaxing. As far as am concerned, the price of bitcoin can't be predicted by anyone.We should just be optimistic that the best of bitcoin is on the way.
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
Wow! Than don't buy any Bitcoin until may. What do you think of halving effect? Halving means mining rewards will half. After Bitcoin halving effect will show few months later and main effect will more than 1 year. Because new Bitcoin supply is decreasing which will increasing price and demand. No point worrying. Of all the data that we have, this is only data on the two past halvings, as a result of which the price of bitcoin has always grown and set new records.
Therefore, if you are worried, I recommend that you take profit now and wait for the halving.
Probably immediately after it there will be a decline in prices that will provide a good opportunity to enter the market
Therefore, if you are worried, I recommend that you take profit now and wait for the halving.
Probably immediately after it there will be a decline in prices that will provide a good opportunity to enter the market
I don't think that it is gonna be profit time for them just yet but if opportunities to sell shows off, then they should take it if they're somehow driven by their emotion already. Looks like we're getting a panics from a lot of people, huh?
It is just like the post-20k period of Bitcoin wherein the price went sharply down to 7k from 20k.
Just hodl, and if there's gonna be something to sell, it would be just those coins that won't even last overnight.
Do not underestimate Bitcoin, just because it has declined in value alot doesn't mean it's in doomed state, even the price might not surge once the halving is over but I'm sure before 2021 gets here there will be a big BOOM is price, India lifted ban and South Korea joins too, be prepared
That's more like it, the price keeps playing around that price you stated and just like you carefully noticed, holders are now taking their positions buying as much as they can while traders are also taking their profits as well. Also, Bitcoin is the best coin out there, and yes halving news is contributing to the price surge but from facts it can be seen that with or without news once the time is right Bitcoin grows in price because most people are now seeing the need to hold it. Also, I think there is nothing to worry about as Bitcoin is not like most altcoins.
No point worrying. Of all the data that we have, this is only data on the two past halvings, as a result of which the price of bitcoin has always grown and set new records.
Therefore, if you are worried, I recommend that you take profit now and wait for the halving.
Probably immediately after it there will be a decline in prices that will provide a good opportunity to enter the market
Therefore, if you are worried, I recommend that you take profit now and wait for the halving.
Probably immediately after it there will be a decline in prices that will provide a good opportunity to enter the market
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
No one ever thought that price of bitcoin will reach over $20K in the beginning of 2017 but it really happened,now we have more adoption that 2017 if anything brings price to some peak then surely it will end up in long bull run,even traders also will turns out to be holder in that period.The price of Bitcoin and other Coins(ALT) were surging and we saw alot of projects coming so. I guess that was the peak time of the market and investors exploited it. Unlike in last 2 years many shit coins and projects had turned into scam that made investors a little hesitant to put their assets in jeopardy. We may see some raise but I don't think that it would reach to what 2017 had reached.
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
In my opinion, I believe that the value of Bitcoin would increase substantially before the halving as several persons would desire to store some bitcoin with the anticipation that the value would increase much more after the halving in May, 2020. But they may be disappointed as the halving may even bring the value lower.
yes, still up and down and can not be more than $ 10k. and worse, when bitcoin goes down then other altcoins will also go down and that is proven. it may be true that the actual pump will start in the middle of this year.
Bitcoin adoption rate has grow better than what we seen in 2017 this is why I belief that an unexpected bullrun will come that will be far greater than what we witnessed in 2017, tell me, how many of you guys saw the bullrun of 2017 coming?
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
Halving's moment is still a magnet for investors and I agree that buying at a low price and if you have large capital, hold it for a period of several months. Trading in sideway market conditions will benefit if we understand trading techniques but we must also take into account the risks
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
Last year there's no event directly for btc that can trigger the price to increase but it manage to climb up to $14k. What more for this year that there's a btc halving that most of us look forward? Im not too confident that it will have an impact to the price but atleast I believe in btc itself. Yes its better to take profit if there's an opportunity since the price is unstable but dont worry too much, be bullish and have your own analysis to further understand the market. Jump to: