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Topic: Share your opinion on the market. - page 3. (Read 1271 times)

hero member
Activity: 1834
Merit: 879
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October 12, 2023, 01:52:57 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.
This is a 2h timeframe meaning it's not really a long term prediction which is a 1week-2weeks give or take prediction, and the current range it's in is between ~28600-30000 based on how I trade and it's already at the ranges low and should try to take out the ranges high as the high failed to break the low making it the perfect target to create a new higher high...and making this a bullish run atm.
sr. member
Activity: 2282
Merit: 439
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October 12, 2023, 01:38:23 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.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
I don't know why you see a positive for the cryptocurrency market, although to be honest I have hope for it. But it seems to me that there is a lot of instability in all markets right now, including cryptocurrencies. All this year bitcoin has been showing growth and there should probably be a fall without which there will be no further growth.

There has been a lot of speculation about the price of bitcoin, some say that the IPC index has affected the market, but I don't see it that way, I think it is because of the war that the market may be somewhat unstable, that is what I think, I don't think it is because of those indices, it is known that the US has a lot of inflation that they have not been able to control that, but this is beneficial for bitcoin because things like this can change the determination of some investors , it is not for everyone, but Yes, for some, they can move the market, but I don't think that much , that's why I think the price can move very Positively.
I think that the war does not have a strong impact on the market, because another war between Ukraine and Russia has been going on for more than a year, but it has not had a negative impact. So most likely the new war will not have a strong effect either. But inflation in the US can really play a bad role because it affects the stock market. If the stock market falls, it will be even stronger in cryptocurrency.
legendary
Activity: 2660
Merit: 1141
October 12, 2023, 01:23:15 PM
Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.
Keep your optimism and gather more good information instead of always referring to bad events in the past. You should be aware that the market always has two cycles and in each cycle there is always good and bad news that affects the price.

Everyone is becoming more optimistic about the future of bitcoin, because the halving is an important event that can have a good impact on the price. If someone is still afraid to invest now, just leave it. The markets won't wait until they recover from their fears, so convince yourself instead of convincing others of the potential for a good future.
hero member
Activity: 2044
Merit: 784
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October 12, 2023, 12:53:19 PM
It is true that it is not completely influenced by Elon, but it must be admitted that Elon Musk's influence on the crypto market in 2021 is quite large so that his impact to date, Elon Musk is a celebrity known throughout the world and what he does will have an impact on his followers to be interesting. for other people. So many people are getting involved in Crypto because of the influence of Elon Musk.
Elon Musk's influence on crypto market has been very negative and one of the reasons Bitcoin price was pushed down and is unable to recover itself to further price levels right now. If crypto adopters didn't give so much relevance to Musk, I believe Bitcoin could be already around 30,000$-40,000$ price range, despite the global scenario involving economical crisis, unstability and wars.

The breaking point happened when Musk badmouthed Bitcoin, removing it as payment method from his company Tesla, claiming it was harmful for the environment. I fear investors continue giving him credit, and consequently granting him power to manipulate crypto market on the direction he considers the most rewarding for his personal interests, therefore prejudicing common investors like us, who can't play from equal to equal against the big guys, the whales.
full member
Activity: 994
Merit: 213
October 12, 2023, 12:30:17 PM
Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.

I see that you are not writing the essence of a market here, but rather about market conditions that have occurred before, because you yourself still remember the cases experienced by Luna and FTX, which have begun to be forgotten by a small number of people. I don't think the big increase that occurred in 2021 was due to Elon Musk because I think that that year was the time for Bitcoin and other cryptocurrencies to increase a lot in the market.

This was due to the interest of many people in buying and not selling in a short time so that market conditions often looked green that year even though Elon Musk himself also did extraordinary things that year so that he became the center of attention of many people at that time. Meanwhile, for now and next year, I think conditions will be more different from last year and also from 2021, so there are still difficulties in providing more precise predictions.
It is true that it is not completely influenced by Elon, but it must be admitted that Elon Musk's influence on the crypto market in 2021 is quite large so that his impact to date, Elon Musk is a celebrity known throughout the world and what he does will have an impact on his followers to be interesting. for other people. So many people are getting involved in Crypto because of the influence of Elon Musk.

It's not fair if we keep remembering what happened to Luna and FTX because it was a long time ago and I'm sure many people have forgotten it, but to be fair we have to see overall that market growth is quite positive as time goes by which indicates that more and more people believe in it so as to strengthen current market conditions.
hero member
Activity: 1302
Merit: 516
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October 12, 2023, 11:39:14 AM
Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.

I see that you are not writing the essence of a market here, but rather about market conditions that have occurred before, because you yourself still remember the cases experienced by Luna and FTX, which have begun to be forgotten by a small number of people. I don't think the big increase that occurred in 2021 was due to Elon Musk because I think that that year was the time for Bitcoin and other cryptocurrencies to increase a lot in the market.

This was due to the interest of many people in buying and not selling in a short time so that market conditions often looked green that year even though Elon Musk himself also did extraordinary things that year so that he became the center of attention of many people at that time. Meanwhile, for now and next year, I think conditions will be more different from last year and also from 2021, so there are still difficulties in providing more precise predictions.
sr. member
Activity: 1092
Merit: 342
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October 12, 2023, 11:23:15 AM


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.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
I don't know why you see a positive for the cryptocurrency market, although to be honest I have hope for it. But it seems to me that there is a lot of instability in all markets right now, including cryptocurrencies. All this year bitcoin has been showing growth and there should probably be a fall without which there will be no further growth.

There has been a lot of speculation about the price of bitcoin, some say that the IPC index has affected the market, but I don't see it that way, I think it is because of the war that the market may be somewhat unstable, that is what I think, I don't think it is because of those indices, it is known that the US has a lot of inflation that they have not been able to control that, but this is beneficial for bitcoin because things like this can change the determination of some investors , it is not for everyone, but Yes, for some, they can move the market, but I don't think that much , that's why I think the price can move very Positively.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
October 12, 2023, 09:54:54 AM


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.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
I don't know why you see a positive for the cryptocurrency market, although to be honest I have hope for it. But it seems to me that there is a lot of instability in all markets right now, including cryptocurrencies. All this year bitcoin has been showing growth and there should probably be a fall without which there will be no further growth.
sr. member
Activity: 658
Merit: 321
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October 12, 2023, 09:36:32 AM


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.
In the position we are currently in, it can be said with certainty that our market will change soon. We know that Bitcoin price was not very high in the market a few days ago, the price of BTC was dumped a lot. But currently, if we practice the Bitcoin markets, there is definitely a chance for the market candles to go to a good position. We can say that the Bitcoin market is slowly moving upwards as we have a half waiting ahead. When the market halves just then the price of Bitcoin will increase enough and reach a higher position then it will go to the maximum ATH. As we saw the market halving in 2020, Bitcoin prices rose overnight in 2021. Accordingly, we can predict that Bitcoin will halve in 2024 and that the Bitcoin market will see a bull market in 2025. And this will be the high point of the Bitcoin market, and we have seen many experts discussing this, the Bitcoin market will go higher in the future.
sr. member
Activity: 1526
Merit: 255
October 11, 2023, 09:20:56 PM
Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.
legendary
Activity: 3052
Merit: 1281
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October 11, 2023, 06:10:33 PM
I feel that the price will keep on its sideway movement this month.  Not much news that can propel the price of Bitcoin.  If there is some movement upward, it might be a bull trap, created by some big players to bag some profit in this sideway market.

I am also watching so many images claiming that we are nearing a possible pump which will let btc enter into bull run and it will not be a parabolic run like before, but calm so the ups and downs will continue to occur rather than getting a straight green candle and then an immediate correction. There are many trading experts calling them Gurus of trading, but it is better to dyor and then decide to take their call or not. Do not enter futures with their predictions because if it even becomes true, sometimes it will take more time and go against you first before painting the chart as you saw.

Nearing can be this following weeks, or months, or years, there is no one who can precisely predict the movement of Bitcoin.  Often times this rumor is spread to put up a bull trap.  unless there is news that can make the market sentiment hyped, I do not think we have to believe the rumor and be trapped by the players in the market.
hero member
Activity: 1022
Merit: 600
October 11, 2023, 04:47:12 PM
The last time there was a post where I talked about the price resisting at the zone of $28k after that it breakout and when I saw that the price got rejected on the daily time frame the previous day with a bearish long wick candle, which looks like a false break out and since then the price has been battling and hovering around $26k-$27k, and I'm looking a the price going back to mitigate $25k price level once for failure to smash $28k -$31k.
sr. member
Activity: 2296
Merit: 360
October 11, 2023, 03:44:26 PM
#99
I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope about the best price — at least the $30k price can break through and $30k will become the new support price.
That's just a prediction that won't be accurate without high bitcoin demand relative to selling interest - but there's still good hope considering October is only in its first week. I'll be watching to see whether we test new resistance or whether new support will be tested - but I'm still optimistic about being bullish this October.

Should we fasten our seat belts this October?
That's my question regarding our optimistic attitude that this October there will be big movements even though we are only a speculator.
I have my own observations if a big movement will occur this month. Maybe at the end of October there will be some event that can encourage positive changes for the price of bitcoin.

I'm still very young at speculating on the state of the market, but this picture makes a strong case that October is off to a happy start.
hopefully this is true, if in this october there will be significant change towards the trend in which gonna be continued to the end of the year it will be massive.
but I think bullish will only occurred in the next year, i just have feeling that this year around would just be price swing.
we are not looking for Bullish this year even in last quarter but what we are at least seeking for good refuge because the whole 2023 seems to be a bad days for all bitcoin supporters.
I even believe that 30k is our maintaining value but look at it now, staying low the whole year.
yeah we broke once 30k but drops again and never made it back.
The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.
healthier just because we tasted 27-28k? but we have 30k in the recent month so what are the difference from this month?

You know people would really be having those bullish sentiment on the time that the price would be moving +2k into its previous price on which they would really be having those impression that this might be start of the
bull run or would really be talking about price increase rally but same as you said there's no such difference with those movements considering on the price or value that we are still hovering which is on 27k playing around. It did really just make out some movements but arent something that specicial because we cant really been able to break that 30k barrier on which we had thought that it was going to happen in previous months but look at on where we are now?

We are still that hovering into these levels moving back and forth. No sentiments or news around on which it is really that hard to make out some analysis because the volatility or movement could easily
fucked up those analysis been made out and this what makes that so hard to tell on where prices could actually go next. So far we are still looking good at the current market condition
but we dont really actually know on when it would really be starting to kick in.

Just been said that price might be moving into those significant levels on the time that halving event is really that nearly fast approaching. This is the only sentiment which i do see that
it might be the catalyst for a complete market reversal.
legendary
Activity: 2618
Merit: 1105
October 10, 2023, 05:39:56 PM
#98
I am also watching so many images claiming that we are nearing a possible pump which will let btc enter into bull run and it will not be a parabolic run like before, but calm so the ups and downs will continue to occur rather than getting a straight green candle and then an immediate correction. There are many trading experts calling them Gurus of trading, but it is better to dyor and then decide to take their call or not. Do not enter futures with their predictions because if it even becomes true, sometimes it will take more time and go against you first before painting the chart as you saw.
sr. member
Activity: 756
Merit: 454
October 10, 2023, 04:52:00 PM
#97
The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.

The month is just warming up although the price is good but when it's comes to the crypto market nothin is ever certain so seeing a drop at the middle of the month will not be a surprise to anyone because Bitcoin has a really funny way of moving so I am not expecting any high increase in the price and this is because we are even getting close to the end of year and many strange things always occur during this period.

No doubt that the month is still fresh but the market has the final say that's if the price will go up or not, as it is many are still hoping to see the price at $28k or even surpass that amount. We shouldn't be surprised if before the end of this year we'd see something different than what we're expecting, but for now let's say Bitcoin price is not in any hurry to get to $28k, this week the price is not that fast in leaving $27k.
sr. member
Activity: 546
Merit: 342
October 07, 2023, 04:19:08 PM
#96
The market price is becoming more healthier by the day, the month of October is going to yield something great with the market price @$27k and I believe this current price is not ready to flop or should I say go back to $26k.
I just feel $28k is warming up and this is where investors are expecting something higher than what we're seeing at this point in time.
No blogger or any of these analyst that can use their predictions to cage the minds of traders or investors into believing that this month is going to end the way September ended with a lower price of Bitcoin.

The month is just warming up although the price is good but when it's comes to the crypto market nothin is ever certain so seeing a drop at the middle of the month will not be a surprise to anyone because Bitcoin has a really funny way of moving so I am not expecting any high increase in the price and this is because we are even getting close to the end of year and many strange things always occur during this period.
legendary
Activity: 2436
Merit: 1366
October 07, 2023, 03:47:29 PM
#95
My opinion on market is pretty blind but I will be honest. I couldn't stay diamond hands in later months and decided to sell some Bitcoin that I actually bought high. I know you would shame me guys but sometimes it just happens. September was terrible. This month we experienced little bit of recovery so I feel like it can be good to buy from time to time at drops to make more money. Markets are not terrible this month in my opinion but still not green enough.
legendary
Activity: 2086
Merit: 1058
October 07, 2023, 03:34:01 PM
#94
BTC's current price target is positive but its movement is slow. It seems that the market will turn bullish anytime it gets a positive signal. But it has to wait for some more time to get that positive signal. If we get the expected ETF approval on 17th of this month, then there may be high bullish momentum but that is depend on the result. Moreover, we are almost at the end of this year and we can already see a bullish movement of BTC based on the upcoming halving. The chart you show makes a prediction though it is older but with current condition it is logical. The market is currently at around 27500 where we can see BTC move a little further to the upside. The market may rich between $29000  to $30000 in these days.
That is fine, taking it's time is the way to go and should be something that would benefit everyone for the long term. I believe that the best thing we could do at this point would be making sure that it's not going to end up with a result that should hurt everyone on the long term.

It is smart to take our time to grow because it allows us to make a bigger and better increase, if we rush an increase then it would not be smart since we would run out of money quickly and other people wouldn't have time to help us out, but when you are doing it slowly that means you will not run out of money quickly and since it takes time during the same period people would be able to make investments and catch up with you and take it even higher.
legendary
Activity: 2338
Merit: 1084
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October 07, 2023, 12:11:57 PM
#93
I would guess that the "waiting" period is the hardest when you know it is getting near to the end. Like last year during these same months I didn't feel any urgency because I knew that we would have to wait even longer and 2022 was a bad time and 2023 would be barely better, so I had more time to wait and it didn't feel all that exciting at all.

But now when I look at it today, it feels a bit better and I feel like it is going to do well enough and should be considered something that would be nice. I hope that it gets to a point where we could end up with something nice, and should be considered profitable as well. I know that it is going to take a while but that doesn't mean that we are going to end up with better results soon.
Diamond Hand will generate more profits, but with the condition of holding coins that have good long-term potential, such as holding Bitcoin for the next few years.
We are almost close to our goal, wait a little longer and it will finally bring the long-awaited benefits.
We are still in a bear market and need some planning to be able to buy more. When the time comes, we will see the results and that is what we really hope for from Diamond Hand.
sr. member
Activity: 756
Merit: 454
October 07, 2023, 05:22:31 AM
#92
Yes past Historical data are there for reference and not a guarantee of future results,  However, History repeats itself but at some point, it may either rhyme or may not rhyme. we have seen in the past where we have some months that are favorable or not favorable when it comes to the price of Bitcoin, and when we get to such a month in the future we have the same reaction to the price.
I kind of think the month of October will close bullish.

The way the market favors some months in the past might be different this time around, and in the past the worst month might be one of the best month even if you check past historical data, so I won't bank on past events when it comes to the flow of the market price.
The way things are headed it may be that every event in the past might be working the opposite way, let me say August was much favorable in the past and this year's August was pretty bad, something like that, so I'd still go with what the market is bringing not dwelling in the past record or should I say past events.
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