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Topic: Share your opinion on the market. (Read 1178 times)

legendary
Activity: 3052
Merit: 1129
December 19, 2023, 04:15:49 PM
I can only say one thing, I have been Reading many Articles, because I don't know how to analyze it in a Technical way or something like that , that is Basically what you have to learn,  and I only follow the traders who are most Successful, but I have many left Doubts, because I don't know the technical parts, I don't know if they tell me lies or not , but I see that the bitcoin market system can go up because the largest investors do not Sell, and if they sell right now, even if they are in Profit It's because more things are coming.

The bitcoin ETFs are likely to occur by January 10 , which they previously Denied , and that can raise the Price , Perhaps in 2023 at the end of the year it will not rise much, but I am sure that by 2024 it will have that there may be a good Bullish rally , I also saw that in another Article they talked about a bias of a possible drop in the Price , but it is not certain, but Everything indicates that what it takes and will Give in price can be Positive.
there will be a larger event in the spring; many are waiting for the halving in the hope that the price will go up sharply,despite the fact that the Bitcoin network is currently working extremely poorly and transactions can get stuck for days.Now, due to the holidays, the price may drop a little, but after the new year, positions should accumulate, this is the forecast of many who are waiting for the halving.
When we do speak about halving event then there would really be those impressions that the market would really be having a bull run after that on which it is really indeed a common approach and this is why
people would really be making out preparations for them to place up themselves at the bottom and would really be having those plans on trying out to have that maximum possible profitability and this is something
that people would really be targeting on. We do know that in this market we would really be having that bear and bull season on which to those people who have been able to experience and witness out those past
events would already know on the things that they would really be doing.

Only those people who do know on what they are doing are the ones who would be able to survive into this market or space. Dont make yourself that easily been hyped or get fomo'ed or would really be that
having that kind of impulsive feeling when it comes to FUD because this is where usually people do make out bad decisions because of these kind of emotions that they
would be able to feel out along the way.
hero member
Activity: 910
Merit: 789
December 19, 2023, 12:47:48 PM
there will be a larger event in the spring; many are waiting for the halving in the hope that the price will go up sharply,despite the fact that the Bitcoin network is currently working extremely poorly and transactions can get stuck for days.Now, due to the holidays, the price may drop a little, but after the new year, positions should accumulate, this is the forecast of many who are waiting for the halving.
Waiting for the halving with the hope of a sharp increase next year is quite logical because this is something that many people can expect even though everyone also has other considerations that have been prepared when there are more corrections before the halving. However, for now I still don't think that price corrections will become the focus of many people because up to now the level of correction is still less than the price increase that continues to be seen in the market.
hero member
Activity: 2632
Merit: 649
December 19, 2023, 11:46:06 AM
I can only say one thing, I have been Reading many Articles, because I don't know how to analyze it in a Technical way or something like that , that is Basically what you have to learn,  and I only follow the traders who are most Successful, but I have many left Doubts, because I don't know the technical parts, I don't know if they tell me lies or not , but I see that the bitcoin market system can go up because the largest investors do not Sell, and if they sell right now, even if they are in Profit It's because more things are coming.

The bitcoin ETFs are likely to occur by January 10 , which they previously Denied , and that can raise the Price , Perhaps in 2023 at the end of the year it will not rise much, but I am sure that by 2024 it will have that there may be a good Bullish rally , I also saw that in another Article they talked about a bias of a possible drop in the Price , but it is not certain, but Everything indicates that what it takes and will Give in price can be Positive.
there will be a larger event in the spring; many are waiting for the halving in the hope that the price will go up sharply,despite the fact that the Bitcoin network is currently working extremely poorly and transactions can get stuck for days.Now, due to the holidays, the price may drop a little, but after the new year, positions should accumulate, this is the forecast of many who are waiting for the halving.
hero member
Activity: 2268
Merit: 581
December 17, 2023, 11:38:33 AM
If this pace is followed by Bitcoins then definitely by 2024, we will see a new ATH price. So we need to just accumulate as many coins as we can and wait for the market to boom up.
If by "by 2024" you mean throughout the year, then maybe, we might see the price reaching around the all-time high or might even cross it, but if you mean that the price will go around there just within this month and by the time we enter 2024, then I don't think that's going to happen because no matter how quickly the price managed to reach this point from $26k, it's not going to make it to $69k or above just within a month and it's not even a month anymore.

So, I believe we should have realistic expectations for the market and prices so that we don't get disappointed if we see the market not going the way we have expected it to go, we should also be prepared for anything that can happen since the market is volatile and unpredictable, it can go up and can also come down at any time.
hero member
Activity: 1470
Merit: 755
December 17, 2023, 11:37:41 AM
However, this week we have a minor correction, we did go down to $40k, but bounce back very quickly around $41k-$42k. Maybe we will see a sideways till the end of the year or just go back to what we want the price to see at the end, $45k.

But if we look at the market, it's obvious that we are in a bullish sentiments and investors do love to see that kind of mentally.
Thinking too much about price can make decisions change and can make the desire to buy not come true. Investors who care and believe Bitcoin will provide huge returns someday only think about how much they will hold when the price peak occurs and DCA is the method they use.

Today's 24h chart is red because it experienced a decline of 1.8%. For large investors who have positive confidence in the increase in Bitcoin prices, they will still take advantage of this to buy, instead of choosing to retreat not to buy and feel satisfied with their existing holdings in my opinion.
hero member
Activity: 2282
Merit: 589
December 16, 2023, 05:42:43 PM
I'm gonna speculate first that we will gonna be touching first the $50k before we have the major correction pre halvening. Still we will remain bullish but as the saying goes it's not a straight way to the top there will always be some detours for us to buy at a discount and for me that's the best chance we could ever have before this bull run go all out.
I think the market conditions have reversed, the facts from market analysis have proven a high correction to the price of $40k after a significant increase, although the price can bounce back to the price of $42k but this price condition does not last long, but if the market options can recover in less than one week for a bounce of $45k then it is likely that we will soon see a price of $50k for the highest price of this month, but everyone is expecting a low correction market price because many investors have passed the current market moment and they want to buy many assets at prices below $40k before the bullish.
hero member
Activity: 2002
Merit: 578
December 16, 2023, 05:28:20 PM
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
It's either we go down to $40k or to as high as $50k. I think that's what speculators are seeing in this market right now. Although end of November and early December we have a huge run, nearly going to $45k and it's been a long time since we see this price.

However, this week we have a minor correction, we did go down to $40k, but bounce back very quickly around $41k-$42k. Maybe we will see a sideways till the end of the year or just go back to what we want the price to see at the end, $45k.

But if we look at the market, it's obvious that we are in a bullish sentiments and investors do love to see that kind of mentally.
I'm gonna speculate first that we will gonna be touching first the $50k before we have the major correction pre halvening. Still we will remain bullish but as the saying goes it's not a straight way to the top there will always be some detours for us to buy at a discount and for me that's the best chance we could ever have before this bull run go all out.
hero member
Activity: 2842
Merit: 772
December 16, 2023, 05:11:39 PM
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.

It's either we go down to $40k or to as high as $50k. I think that's what speculators are seeing in this market right now. Although end of November and early December we have a huge run, nearly going to $45k and it's been a long time since we see this price.

However, this week we have a minor correction, we did go down to $40k, but bounce back very quickly around $41k-$42k. Maybe we will see a sideways till the end of the year or just go back to what we want the price to see at the end, $45k.

But if we look at the market, it's obvious that we are in a bullish sentiments and investors do love to see that kind of mentally.
full member
Activity: 406
Merit: 188
December 16, 2023, 04:24:25 PM
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
Market could really be able just to go into two possible ways on which it would really be going up and going down. It is really just that we could really just make out those differentiations when it comes to trend and other aspects on which people would really be able to tell on where it could possible go and handling out would really be just that depending into someones capability on handling himself towards the market.
It isnt something simple but its not really that impossible for you to deal off with. To this market then it would really be totally that speculative considering that its never been that predictable in the first place.
There are tons of factors on which it could really affect its movement and this is why it would really be just that depending to those outcome and results on how well you do
make out those trades.

This market is never been that easy to deal with specially that emotions will really be also take a great toll whenever you do make out decisions on which it is really just that
something that important to have that kind of control and other aspects as well.

I think the most important thing right now is how big the correction will be. We are approaching the Halving and we know that the Bitcoin price will rise before or after the Halving, so we are waiting to see if it will provide a good buying opportunity again in the last moments before the Bitcoin price rises. I think that's what we should focus on.

ETF news, Halving and the positive situation in the market are good news for Bitcoin. We should continue to increase our investment amount and continuing to wait may be one of the most logical moves.

It is important to remember that unexpected things can always happen in the market. That's why we shouldn't believe everything that is positive. So there is always risk.
hero member
Activity: 2828
Merit: 767
December 16, 2023, 03:11:10 PM
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
Market could really be able just to go into two possible ways on which it would really be going up and going down. It is really just that we could really just make out those differentiations when it comes to trend and other aspects on which people would really be able to tell on where it could possible go and handling out would really be just that depending into someones capability on handling himself towards the market.
It isnt something simple but its not really that impossible for you to deal off with. To this market then it would really be totally that speculative considering that its never been that predictable in the first place.
There are tons of factors on which it could really affect its movement and this is why it would really be just that depending to those outcome and results on how well you do
make out those trades.

This market is never been that easy to deal with specially that emotions will really be also take a great toll whenever you do make out decisions on which it is really just that
something that important to have that kind of control and other aspects as well.
hero member
Activity: 1470
Merit: 755
December 16, 2023, 02:32:43 PM
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
Speculation about market conditions that will experience a decline is predicted to occur again. Possibility after possibility in the price of Bitcoin can still occur. However, what you need to think about is how much correction will occur while waiting for the ETF to be approved.
If the current price of Bitcoin is still at the price level of $42,387 and is able to stay at $40k until the end of December, then in January 2024 we will find new speculators regarding the potential price of Bitcoin.
sr. member
Activity: 910
Merit: 290
December 16, 2023, 01:23:00 PM
I can only say one thing, I have been Reading many Articles, because I don't know how to analyze it in a Technical way or something like that , that is Basically what you have to learn,  and I only follow the traders who are most Successful, but I have many left Doubts, because I don't know the technical parts, I don't know if they tell me lies or not , but I see that the bitcoin market system can go up because the largest investors do not Sell, and if they sell right now, even if they are in Profit It's because more things are coming.

The bitcoin ETFs are likely to occur by January 10 , which they previously Denied , and that can raise the Price , Perhaps in 2023 at the end of the year it will not rise much, but I am sure that by 2024 it will have that there may be a good Bullish rally , I also saw that in another Article they talked about a bias of a possible drop in the Price , but it is not certain, but Everything indicates that what it takes and will Give in price can be Positive.
hero member
Activity: 2184
Merit: 718
December 16, 2023, 12:03:28 PM
We must be able to analyze price chart patterns and we must have backup options to anticipate if the analysis and predictions are not correct, trading is different from investing so you must be careful in analyzing and it is better not to rush to buy at a correction price without analyzing the impact of the cause The market price goes down, so make sure you buy at the right price because trading focuses on short-term profits and if the market experiences a high correction then they will cut losses rather than hold the asset.
What I don't understand is why there are still some people who equate long-term investment with long-term or short-term trading. Even though it is very clear that these two things must be separated from each other because basically they are not the same and we cannot equate them and making analysis on price chart patterns is also only more relied on by traders because investors usually prefer to buy directly when there is a decline. occur and save it as an investment without having to spend more time analyzing the price chart.
sr. member
Activity: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
December 16, 2023, 09:47:01 AM
If we see the date and the market conditions when this thread was created and today’s conditions, then there is a lot of difference to be honest. Bitcoins have really impressed us in this December. Now Bitcoins average price is around 40k USD, so it’s pretty good what we were assuming at the starting of September. If this pace is followed by Bitcoins then definitely by 2024, we will see a new ATH price. So we need to just accumulate as many coins as we can and wait for the market to boom up.
It seems to me that before the halving the bitcoin price may fall again. Now the market situation is a bit like 2017, when everyone was also waiting for bitcoin etf, after which the dump happened. Maybe that time the price is also rising because of etf expectations.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
December 16, 2023, 08:54:52 AM
If we see the date and the market conditions when this thread was created and today’s conditions, then there is a lot of difference to be honest. Bitcoins have really impressed us in this December. Now Bitcoins average price is around 40k USD, so it’s pretty good what we were assuming at the starting of September. If this pace is followed by Bitcoins then definitely by 2024, we will see a new ATH price. So we need to just accumulate as many coins as we can and wait for the market to boom up.
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
December 16, 2023, 05:30:09 AM
Honestly, my prediction is that BTC and Altcoin will go down in October and November because I see it based on past data.
but what happened was that the market went up, many said this was a fake bull and the like, even the CAPO said that, he was very confident in his prediction, well at that time I entered short because I took data based on previous data, not just because of the capo's prediction. .
but the market said differently and I was liquidated at 32k$.
Very sad, but I'm confused about what causes the market to not match the history that has happened before.
The prediction was correct, but as we entered the beginning of December, it seemed to start to improve and continue to increase, although in the end it fell again. Will this trend return in October? If you see that it will soon be the end of the year and the halving period will come, it is possible that there will be a correction and it could return to the price at the beginning of October, but hopefully it won't be corrected too deeply, although of course it is a very good opportunity to be able to buy. and hold it because the halving is coming and the increase will begin.But I believe that the Bitcoin journey will repeat the behavior that has been done before; it is only the time situation that makes the difference.
legendary
Activity: 3066
Merit: 1352
December 11, 2023, 04:59:35 AM
Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.
We must be able to analyze price chart patterns and we must have backup options to anticipate if the analysis and predictions are not correct, trading is different from investing so you must be careful in analyzing and it is better not to rush to buy at a correction price without analyzing the impact of the cause The market price goes down, so make sure you buy at the right price because trading focuses on short-term profits and if the market experiences a high correction then they will cut losses rather than hold the asset.

Or to make it easy for the majority of us, why not just buy and to continue to increase the amount of Bitcoin in our wallet and just wait till the bull run starts? Again, we need to just keep everything simple here, do not overthink or if you are not good in technical analysis then so be it. Just leave it to those guys that are already expert on it and just see what they have to say about the current, short or long term price prediction.

And in your case, you are not an expert but you are a investor. So you just accumulate as much as you can. Protect your bitcoin, your wallet and your seed. And just come back after the block halving, and then continue what you do best and in the next year or so you will profit for sure.
hero member
Activity: 2282
Merit: 589
December 10, 2023, 06:49:42 PM
Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.
We must be able to analyze price chart patterns and we must have backup options to anticipate if the analysis and predictions are not correct, trading is different from investing so you must be careful in analyzing and it is better not to rush to buy at a correction price without analyzing the impact of the cause The market price goes down, so make sure you buy at the right price because trading focuses on short-term profits and if the market experiences a high correction then they will cut losses rather than hold the asset.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
December 10, 2023, 06:21:27 PM
I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move?  Feel free to express your opinion be you a professional or trading expert or not.
Well, you shouldn't trust anyone with TA predictions or the next direction of the market. Take an objective look at the bitcoin trend and observe cautiously, trust, be patient,... and I think you already know the results of this guy's prediction now. Predictions and analysis are free on the bitcoin free market, but you must show consistency.
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
December 10, 2023, 02:01:50 AM
Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.

analysing chart pattern will help you to choose on right time and collect maximum financial gain. Some individuals are unable to understand price chart therefore at start they are not gaining any profits but when they see the movement of market and then keep eye on price chart then they will understand it.

Most of the time when newbies enters to the market then they have little or no experience so they should participate in various groups which provides signals because at start no one comes for trading with 100% experience and knowledge. There will be certain strain at the beginning but look into the thoughts and discussions of other experience traders until you understand everything and start trading with your own experience.
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