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Topic: One more dump before halving? - page 6. (Read 1881 times)

full member
Activity: 1330
Merit: 147
November 04, 2019, 02:56:41 AM
#44
Indeed, most of investor (be it whales or regular investor) want to buy bitcoin at the lower price, so they can have a lot of chance to gain many profit when there is a good news such as halving event comes.

But for me it depends on the situation of the market itself. I mean, it is impossible for those who have a lot of money/bitcoin to manipulate the price situation when the sentiment market is going good.

But it will be possible, when the sentiment market is not good and I'll bet there will be many whales who will their bitcoin so the price of will decrease for a while and its price will up again when the halving even is coming.
hero member
Activity: 2716
Merit: 552
November 04, 2019, 02:03:05 AM
#43
Are we going to witness major dump before halving?

we are about 6 months out from the 2020 halving. let's look at what happened the last two times:

-the 2012 halving occurred in november 2012. from may to november, price rose from $5 to $13.
-the 2016 halving occurred in july 2016. from january to july, price rose from $350 to $780.

food for thought. Wink

Most likely to happen on next year's halving, considering we're about to enter the last month of the year. Where there's a lot of speculations about bullish run. Bitcoin's price are moving at the range of $9,100-$9,600, that means not a lot of people are selling at this mark ang might probably hold it until the halving.
sr. member
Activity: 1974
Merit: 450
November 04, 2019, 01:29:38 AM
#42
I hope if somehow we are going to see a dump for bitcoin price, it will not going too deep. Perhaps, the price will adjust to $7k-$8k, and then after the price reached that price, it will start to increase and hit the highest rate in the nearest of halving. But if there is no chance for dump, I hope the price can slowly reach the higher price and break $10k first and stay at that price for a while.

Everything can happen in the last six months before halving, so the dump can happen too, but I think it still a mystery to us to predict what will be going on with the bitcoin price.
For the beginning of this month, it seems that the price of bitcoin is still at the level of $ 9000, and sometimes, the price is almost back to the level of $ 8000, but I think the situation is still stable. if before the bitcoin pump price returns dump, I also feel that it will be at the level of $ 8000, and the worst is the level of $ 7000. but as people say, it is an opportunity to own bitcoin. it's like a discount before the pump.
sr. member
Activity: 1400
Merit: 259
November 04, 2019, 12:31:25 AM
#41
Maybe more.
Bottom could be 7k and that is it. Time to buy at that amount or else you will be left out and then joining the FOMOs which will have little profit or maybe nothing.
Although it is manipulated by the whales, I think it will be easy to see it.
Once they dump it a huge number will be cut leading to a big fall.
I think some may have been asking by now if it is time to sell for preparation of a big dump.
sr. member
Activity: 1022
Merit: 252
November 04, 2019, 12:28:48 AM
#40
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

Halving is still more than a half year ahead, so i think many dumps is still possible to come because before people make the price pump after halving, they want to make a short profits from trading. So i think there will be several dump before halving and after halving price won't pump instantly just like in 2017 price pumped hard after 6 months of halving
legendary
Activity: 2982
Merit: 1028
November 04, 2019, 12:07:40 AM
#39
We don't know if there's one more dump since the market is very volatile and price manipulation is always around the corner. Which means there could be another dump that might going to happen soon. Let's just say there's a FUD created, then that would trigger the market for another dump. And besides, there are still six months left before the Bitcoin halving.
We can't say accurately but if there's another dumped it will serves as an opportunities to someone who still believing that there's increase that will
happen afterwards. Investors who are optimistic will not be worried but instead use the chance to buy more of those cheap coins that being sell around, wise investors loves to take every potentials and keep aiming for the bottom and keep it on hold  while waiting for the market to pumped back and bring decent benefits.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 03, 2019, 11:55:05 PM
#38
I hope if somehow we are going to see a dump for bitcoin price, it will not going too deep. Perhaps, the price will adjust to $7k-$8k, and then after the price reached that price, it will start to increase and hit the highest rate in the nearest of halving. But if there is no chance for dump, I hope the price can slowly reach the higher price and break $10k first and stay at that price for a while.

Everything can happen in the last six months before halving, so the dump can happen too, but I think it still a mystery to us to predict what will be going on with the bitcoin price.
hero member
Activity: 1582
Merit: 523
November 03, 2019, 11:14:58 PM
#37
We don't know if there's one more dump since the market is very volatile and price manipulation is always around the corner. Which means there could be another dump that might going to happen soon. Let's just say there's a FUD created, then that would trigger the market for another dump. And besides, there are still six months left before the Bitcoin halving.
Since price is volatile this is possible we could see the dump before halving. But, in my view it could not go deeper as the usual case it could bounce. Actually manipulation can happen but once there’s a dump of price an opportunity for some to buy back at lower price. A lot of possibilities can happen before halving so let’s see this coming months at what price it will heading.
sr. member
Activity: 1400
Merit: 273
November 03, 2019, 10:33:47 PM
#36
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?

That is also what the others are saying based on the previous charts. Before the pump that is believed to be caused by halving, there is a dump that happens. But we have very limited data on this except for the two previous halvings. Obviously though, the cryptocurrency environment is much different today than four years ago. So whatever pattern created by the two previous halvings may or may not occur once again during the incoming third halving.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
November 03, 2019, 09:49:41 PM
#35
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
i guess you are really paranoid to whales gaming,right ?
considering the fact from a few weeks ago , i dont see whales have a chance to playing fire game.
when btc drop below 9000 i believe someone overthere will backing it and buy more, blockchain is very influential in today's world,the first blockchain project is bitcoin.
and for god sake,halving will be done in May next year , 5 months is a long time for all possible possibilities.

Yes I was kinda paranoid or confused whichever suits better due to the past events and it was like two different thoughts like positive in heart and negative or back up plan running in the mind and I am sure I don't stand alone at this situations, but after going through some facts and figures from experts who have replied to this post I am more confident that whales cannot risk manipulating the market as we are prepared for anything and there are people to back up bitcoin even if it goes down.

Actually I'm also afraid for events turned out since same as you I actually don't know if we can see a positive results on next following days since the ghost of what happened last year keep chasing me and actually I lost some money when bear market strikes. But hopefully that the prediction that we can see a good lift from the market will came true really since same as me I'm totally positive that we can get a great output the same on what happen last 2017.
sr. member
Activity: 2506
Merit: 368
November 03, 2019, 06:55:27 PM
#34
We don't know if there's one more dump since the market is very volatile and price manipulation is always around the corner. Which means there could be another dump that might going to happen soon. Let's just say there's a FUD created, then that would trigger the market for another dump. And besides, there are still six months left before the Bitcoin halving.
sr. member
Activity: 1638
Merit: 261
November 03, 2019, 03:34:41 PM
#33
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
i guess you are really paranoid to whales gaming,right ?
considering the fact from a few weeks ago , i dont see whales have a chance to playing fire game.
when btc drop below 9000 i believe someone overthere will backing it and buy more, blockchain is very influential in today's world,the first blockchain project is bitcoin.
and for god sake,halving will be done in May next year , 5 months is a long time for all possible possibilities.

Yes I was kinda paranoid or confused whichever suits better due to the past events and it was like two different thoughts like positive in heart and negative or back up plan running in the mind and I am sure I don't stand alone at this situations, but after going through some facts and figures from experts who have replied to this post I am more confident that whales cannot risk manipulating the market as we are prepared for anything and there are people to back up bitcoin even if it goes down.
sr. member
Activity: 1638
Merit: 261
November 03, 2019, 02:57:53 PM
#32
Most investors are anticipating that to happen before halving, but we don’t know how major players will play their card this time or maybe market could act different from past halving. Lets remember that history do not guarantee future results.

Yes that's what even I am thinking about as every single user in this forum is aware of a possible dumps and I am bit skeptical if the whales will really create one more dump knowing that the market is already aware of their pattern or do something different to avoid it's traditional pump and dump game as the users might reach differently this time.
hero member
Activity: 1638
Merit: 518
November 03, 2019, 02:28:38 PM
#31
Honestly speaking the bitcoin market is good as of now with slight improvement and not much dump except one particular dump before week or so which provided further pump, but are these manipulation just to for whales to cash out before the halving and then invest again at a cheaper value to get most profit of out it post halving? Are we going to witness major dump before halving?
i guess you are really paranoid to whales gaming,right ?
considering the fact from a few weeks ago , i dont see whales have a chance to playing fire game.
when btc drop below 9000 i believe someone overthere will backing it and buy more, blockchain is very influential in today's world,the first blockchain project is bitcoin.
and for god sake,halving will be done in May next year , 5 months is a long time for all possible possibilities.
legendary
Activity: 1652
Merit: 1483
November 03, 2019, 12:22:48 PM
#30
Are we going to witness major dump before halving?

we are about 6 months out from the 2020 halving. let's look at what happened the last two times:

-the 2012 halving occurred in november 2012. from may to november, price rose from $5 to $13.
-the 2016 halving occurred in july 2016. from january to july, price rose from $350 to $780.

food for thought. Wink
legendary
Activity: 1512
Merit: 1011
November 03, 2019, 12:12:34 PM
#29
I spoke with a few friends miners. All but one are claiming they are holding all mined coin for the times after the halving. Their hopes are that the halving will rocket Bitcoin price at least with 30%-40%.

IMO there will be a vacuum before the halving instead of a big dump.
hero member
Activity: 2156
Merit: 531
November 03, 2019, 11:49:22 AM
#28
well no certainty that there will be a dump before halving indeed a possibility will always occur yeah ,the current situation may be different from history because crypto market strategies will always change with the uniqueness of prices ,expect anything so that the expansion of adoption occurs to make prices more mature
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
November 03, 2019, 11:33:52 AM
#27
Some traders are still waiting for 7500 but I don't think there's any reason for us to revisit that level other than the 50WMA that is around 7k level and works as a total bottom support for this trend, so the drop is possible but unlikely.
I think we will go up from here or maybe have a very small dip to retest the support at 9k again and go up from there. In a time like this it usually comes down to the news. Bullish news can take us up without a retest.
legendary
Activity: 3178
Merit: 1054
November 03, 2019, 11:29:09 AM
#26
we don't know what could happen, the big dump in few hours and price can bounce back right after an hour which could be enough for the whales to at least buy a hundred to a thousand of BTCs for their stash before the real pump cause by halving. if you have funds to wait for that to happen you can wait for it. for those who has nothing its just fine, they just miss the biggest opportunity.
hero member
Activity: 1273
Merit: 507
November 03, 2019, 11:15:37 AM
#25
I don't think there will be a big dump now. People in 2017 were unaware of what would happen when bitcoin halving came and whales actually had the advantage of spreading fud then. One of these is that we lose bitcoin in our wallets when halving is came so we have been advised that we cash out our bitcoin and convert it to fiat immediately. So whales have had the opportunity to buy cheap bitcoin because  people think that there bitcoin will really gone when the bitcoin halving is success.

That doesn't make much sense and whales just did it for the price of bitcoin to fall.
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