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Topic: Market sentiments ? - page 5. (Read 781 times)

sr. member
Activity: 1596
Merit: 264
January 21, 2022, 02:17:25 PM
#25
Meh, just the right time for me to buy now and I am going to call it tonight.
Like pooya87 mentioned, it's not all about the raw numbers and even by looking at raw numbers, it isn't that really that low considering that Bitcoin already dipped around this price just by somewhere around 2021 if I can still recall correctly.
legendary
Activity: 2086
Merit: 1058
January 21, 2022, 02:12:54 PM
#24
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
2022 is becoming something that we all did not envisaged towards bitcoin. This instability is becoming alarming and I think the whale have hands in it, but no doubt with time bearish season will be over. But, I will advise that if you want to invest in any coin/token wait for bitcoin to get a little bit stable because its price affects every other coin/token.

At the same time, you can buy bitcoin at all dips to average your buying price levels and this is because bitcoin is highly expected to bounce back at any time soon; still invest only what you can lock with bitcoins for next 3 to 4 years. Have proper plan and accumulate as much as you are able to.
legendary
Activity: 2688
Merit: 1192
January 21, 2022, 02:12:42 PM
#23
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

There has been a lot of cheap money floating around the world in the last few years, looking for any asset that can possibly make a return. People saw that Bitcoin trended up by a huge degree and kept on using that cheap money to fund more. As central banks start pushing up interest rates people are getting skittish and taking their profits. If money starts getting very expensive to borrow then only the best performing assets will do well, we're seeing it in lots of tech stocks tumbling right now - they were extremely overpriced. There is also the fear of war rumbling around the Russia/Ukraine situation, it's actually in Russia's benefit to cause a spike in oil prices which comes from that sort of tension, but it has vast effects all through the markets.
hero member
Activity: 2114
Merit: 618
January 21, 2022, 12:49:39 PM
#22
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
Chances are this is just a start of the bear trend, market was already looking very weak since past few weeks, there were pretty less volumes on the green candles, this just signifies that market is weak with the bullish sentiments. Moreover this downfall has also broken the support we had at 38000, now if close anywhere below 40k I am very afraid of the market trend altogether.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
January 21, 2022, 12:23:29 PM
#21
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Frankly speaking I am quite happy because of the dip. Not because I don't want the market to go bullish but I want to buy more at lower prices.
So that I can enjoy the gains when the market is moving upwards. I won't be surprised if the market stays the same for next 6-8 months.
That will give us all a lot of opportunities to buy at lower prices and fill our bags.
hero member
Activity: 2282
Merit: 589
January 21, 2022, 12:00:27 PM
#20
[snip]
because of their fluctuations and volatility which can't be predicted where they will continue whether to increase or decrease.
Fluctuations and volatility are the main factors in the cryptocurreny market so don't blame any individual or group for being able to move the market flow against the actual market conditions. There is something different about the current bearish conditions there is a daily decline above 5% so panic will push the market to blow below $35k.
hero member
Activity: 1498
Merit: 537
January 21, 2022, 11:02:02 AM
#19
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Market sentiment has been in extreme fear for the last 1 month.  Yesterday's bitcoin market crashed due to some recent events.  Russia's central bank has recommended banning the entire cryptocurrency because it fears a Western blockade would allow resources to be smuggled from Russia to the West, and cryptocurrency is the easiest way to do this.  Also many think that USA central bank will raise interest rates before March.  As a result, many are saving dollars by selling their bitcoins. Also ahead of the Chinese New Year and historically it has been seen that the market is down before the Chinese New Year.

According to Coinmarketcap, $ 148 billion has flown out of the market in the last 24 hours.  It cannot be called market manipulation but I think the bad news has adversely affected the market.  However, the bitcoin market still recovering so fast, despite the lack of traders. But i assume that there may be cash inflow in the market towards March or April this year.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
January 21, 2022, 10:57:49 AM
#18
I don't want to speculate about manipulation or anything but this is what has happened and we can't blame anyone for this decline because this is indeed something like this because suddenly dropping drastically like now it is always there because of their fluctuations and volatility which can't be predicted where they will continue whether to increase or decrease.
on the other hand regardless of bearish or whatever many people say I still believe when the bullrun arrives everything will be back to normal and don't worry too much about things like this
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
January 21, 2022, 10:55:21 AM
#17
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
First of all, if you're one of those that bother much about the market dip trend it may affect your mental health because the market is always volatile, to begin with.
Why the sudden dip of $5000? Technically, Bitcoin even poses a strong resistance to a downtrend because the market ought to start experiencing a dip in price every day ever since the first week of January and no chart or candle can indicate the reason behind it because we are in the season of a high market correction.
legendary
Activity: 4270
Merit: 4534
January 21, 2022, 10:51:22 AM
#16
screenshot taken from binance whilst writing this post


When it only takes  0.32725btc to                         When it only takes  0.31331btc to
change the price by $6(38772-38766)                   change the price by $7 (38773-38780)


then you know the problem is not due to lots of orders or lots of buyers/sellers.  but instead its the LACK of traders, which means that a price can change, not by 1cent amounts but by $2-$3 in one order line fill

if there were thousands of users:
which would put orders 1cent above the next and so order fills would only move by 1cent
or
many people will put lots of coin on one priceline meaning it would appear  as 1-20btc not 0.02btc
but instead.. look at
SELL 3->4 one order fill can change the price by $3.39
BUY 2->3 one order fill can change the price by $4.35

..
one fault.
is that instead of 1 exchange(wall street) where the whole world of millions of people trades into, filling order lines with $billions where movements happen in microcents movements.
because there are many dozens of crypto exchanges. and even some crypto exchanges having many 'usd/tetherusd' markets. it dilutes the trader pool down to a few dozen-hundred users per exchange
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
January 21, 2022, 10:28:28 AM
#15
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
Oh yeah, it is not the thing we wanted to, I just think that those uptrend motions are already a sign for bullish but unfortunately, it wasn't. We can't change it and to follow what we wanted, and seeing this sentiment found to be normal. What we gonna do for now is to hold and wait for the recovery, or have to buy more.

We can't still say this will only take a short while, might be possible and might not. Have to observe the market, it changes from time to time.
jr. member
Activity: 91
Merit: 4
Hello BTC Talk Family
January 21, 2022, 10:28:00 AM
#14
Russia is trying to ban it for the 10th time Smiley don't panic 2022 will be the year of bitcoin.
legendary
Activity: 2758
Merit: 1228
January 21, 2022, 10:22:55 AM
#13
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Sometimes the market sentiments what makes the price of bitcoin dumps and if we cannot see any reliable thing which can help bitcoin to climb up the provably we will remain like this. Also there are contribution of bad actors towards since they can manipulate the minds of the people and think negatively on the current condition. But we shouldn't get panic we know how bitcoin works and I suggest for other to stop looking at cmc or their portfolio to avoid get stressed on this current dump.
legendary
Activity: 2128
Merit: 1884
Verified Bitcoin Hodler
January 21, 2022, 10:19:53 AM
#12
Again sudden dip of  $5000 in a few hours?
You shouldn't look at raw numbers, you should look at percentages. For example the recent drop which was about $3000 is just a 7% drop which isn't as big as you think it is.
The only thing that makes it significant was the fact that it broke the strong resistance at $40k.

Quote
How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
It is both. There has been a lot of manipulation lately but also the market sentiment is very negative and people have been shorting the hell out of bitcoin even when it is not going down!!

I agree. Looking at the number will only cause you to panic, if anything. This is dangerous and should be avoided like the plague! A 5000 Dollar drop at 40k is pretty meaningless compared to a 5000 Dollar drop at 10k.

As I can tell, we are getting pushed down for two reasons. First, obviously the correction has been a long time coming. What comes up must go down. Secondly, at the same time as the correction (dip), we are seeing bad news and spooky rumors. Kazachstan miners internet getting shut off, Russian banks spreading FUD about regulations they wish they could implement in the future, and a multitude of "traders" spooking newbies with useless "predictions"..

Just hodl, friend. Buy more at the bottom.
legendary
Activity: 3472
Merit: 10611
January 21, 2022, 10:10:03 AM
#11
Again sudden dip of  $5000 in a few hours?
You shouldn't look at raw numbers, you should look at percentages. For example the recent drop which was about $3000 is just a 7% drop which isn't as big as you think it is.
The only thing that makes it significant was the fact that it broke the strong resistance at $40k.

Quote
How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
It is both. There has been a lot of manipulation lately but also the market sentiment is very negative and people have been shorting the hell out of bitcoin even when it is not going down!!
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
January 21, 2022, 07:02:00 AM
#10
Well, it was always pointing downwards, even at the start of the year. As you said, it was just a "bit" of relief. I guess it was never really supposed to rally, short dips and pumps are a natural in the market imo. This one might even be intentional as others have said, a squeeze by the whales. Nothing new with that tbh, pretty sure most traders here have seen their fair trade of squeezes across the market. Pretty sure this would be the state of the market in the next few days, maybe weeks even, till, well, something changes.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 21, 2022, 07:01:05 AM
#9
Things started looking good, giving a bit relief!!
I ask you, relief from what? Is it relief from the anxiety that if the price drops you will lose money? If the answer is yes, then you need to stop trading - you heard right, trading is not for you if you cannot remain composed during market movements.

Remember that movements in the market allow us traders to make profits. If you invested knee-deep into crypto hoping for some quick flips then it is not for you.

Quote
But wait!!! Again sudden dip of  $5000 in a few hours??
Some people panic, while others know it is the next opportunity to buy at a lower price. It all depends on your perspective and those who do not have that will fail as a trader.

Quote
How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
The term "bad actors" makes no sense. In fact why do you even think of someone dumping their coins just to end up in a loss? It is a man-made delusion, that needs to stop.

But it is possible that someone dumped, now the question is not why or how they dumped. The question is at what point you should buy again in order to sell in a future bull market. Because if you dont, then when the price cycles back you will have nothing but wind in your hands to sell.
hero member
Activity: 1344
Merit: 540
January 21, 2022, 06:25:43 AM
#8
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

We shouldn't blame the manipulators if something goes awry in the market. It is what is it, there are obviously more sellers right now that's why the price goes on another correction(?).

Regardless though, the market seems to be very bearish at this point. So expect the price to really goes down not just this month but brace yourself of a long year bearish trend.
hero member
Activity: 2590
Merit: 549
January 21, 2022, 06:00:18 AM
#7
Market is gradually heading to a bearish season after in has been very bullish since 2021.
Maybe the 2022 price entry was really an indication on what we're going to expect this year.
Manipulation is always taken into consideration, because that's always gonna be one of the options when we're talking about price changes.
full member
Activity: 1204
Merit: 102
January 21, 2022, 04:20:16 AM
#6
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

I think this is market sentiment because the market has been in an overbought situation for a very long time. manipulation? I don't think so, it's just purely from the market's reaction to what happened a few weeks ago. for a long time the crypto market has not found a new passion to continue the rally, this is the underlying why the market is slowly down.
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