Some of my insights on the market | Bitcointalksearch.org

beerlover

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Quote from: 7788bitcoin on October 24, 2021, 04:11:06 AM

I am not sure what you are talking about, do you really think you are entitled to get profit all the time. You make the decision on what you want to do with the coins you hold and so is the case with everyone else, if anyone wants to hold the coin for a longer term it is their choice, It is a free market so deal with it Tongue

. I booked my profit but i am still holding my position waiting for the final rally which i expect to happen in the coming months. .

Unfortunately some people look at the market in an emotional stance. This causes people to end up not being happy with what they are doing and how they are profiting. They see other people profiting and they assume that it is something against them personally. Markets all around the world, stock market, forex (fiat rates), gold, oil and yes crypto included all ignores what you feel. What you feel changes absolutely nothing at all, market has zero emotions. If they believe there is a dollar to be made, they will take that, they will not even leave one dollar unearned if they could.

It means that there is nothing in the world that will end up with a good profit while also considering what others might be doing. I personally wouldn't care, if there is money to be made somewhere then I would make it, without caring about what it would mean to other people. This is a market, not a business, business "may" care about people, but market won't.

crzy

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

We have to be ready always because everything can happen and with Bitcoin, corrections are normal as well. Right now, we are in a correction at the price of $60k hopefully we can still hold on this level so we can still continue the bull trend. For now, I’m waiting for some signal before making any action this is very critical whether to buy now or wait for a cheaper price.

fullhdpixel

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

I am not seeing that your speculations are not similar to what most other people are providing at the various boards of this forum. I believe you must try to match at least in minimum levels rather than completely deviating with all rest of speculators.

First, I believe $70k to $90k is not a big target for bitcoins right now as we have already tested up to $67 levels hence those levels are easily attainable. Secondly bull run may end up in next two and half months as per what we had seen in 2017 and before that in 2013. So, expecting the continuation of bull run for next 4 to 5 months may lead to big disappointments in most probable cases.

mumang siat

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Quote from: MarjorieZimmermanGinger on October 23, 2021, 03:33:55 PM

Correction or not the price of bitcoin will reach 70K or 90K, now look at bitcoin in the previous months, there have been many corrections both large and small that bitcoin has experienced, but slowly bitcoin has reached a fantastic selling value beyond most people's expectations, if calculated the previous month , it is certain that bitcoin will reach the price you mentioned or it could be more than what you mentioned.

basically every correction of bitcoin, by itself they will recover slowly, bitcoin is one of the most interested people today, even for people who can't afford to buy, but I think for people who don't have the ability to make purchases of bitcoin, then they should really pay attention to other coins that have the same level of stability as bitcoin, one of which is ethereum, considering the current price of ethereum is not as high as bitcoin.

TheEconomists

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In 5 months time Bitcoin price should be around $100k and above or it must have reached that height and drop to around $90k hopefully. All of these are just speculation and remember that mist of the speculation in this market do come to fulfilment and that was why many people believe Bitcoin price will continue to increase and not to return its previous value again.

7788bitcoin

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Quote from: rahmatrf331 on October 24, 2021, 03:52:24 AM

~
Why do the bulls continue to be in a hold position but not be in a position to see other people succeed but we are not in a profitable position.

I am not sure what you are talking about, do you really think you are entitled to get profit all the time. You make the decision on what you want to do with the coins you hold and so is the case with everyone else, if anyone wants to hold the coin for a longer term it is their choice, It is a free market so deal with it Tongue

. I booked my profit but i am still holding my position waiting for the final rally which i expect to happen in the coming months. .

rahmatrf331

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Quote from: Oceat on October 23, 2021, 06:41:19 PM

Quote from: samcrypto on October 23, 2021, 03:41:12 PM

Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

I support this statement since Bitcoin are doing good the whole year of 2021, I mean yes there was a big correction but still Bitcoin manage to bounce back and make its new ATH, so the next trend are sideways and a bigger corrections which you have to be more prepared.

Anyway, we’re still on a level of $60k, we might still see the price to go up until the end of the year, but its really hard to tell on until when this bull trend last, a big question for me.

What whole year? We aren't done yet, there are two more months left before the end of the year. No one could actually tell what would be our future or the future of Bitcoin either. We are just all speculating here hoping that one day it's going to past the ATH and make its way to create a new ATH like $70k or $100k.

The year 2022 might surprise us if we keep expecting something in the future just like how the pandemic surprised us. Tongue

For me, I wouldn't want my hopes up by expecting something or overthinking to something that we don't know yet, that's exhausting I just want to go in the flow no matter what the decision of the market.

I never thought about whether bitcoin was bullish or bearish, what I thought about was how every time there was an opportunity to take advantage of the bullrish by selling it and being able to buy it back when the market was correcting. Why do the bulls continue to be in a hold position but not be in a position to see other people succeed but we are not in a profitable position.

Oceat

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Quote from: samcrypto on October 23, 2021, 03:41:12 PM

Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

I support this statement since Bitcoin are doing good the whole year of 2021, I mean yes there was a big correction but still Bitcoin manage to bounce back and make its new ATH, so the next trend are sideways and a bigger corrections which you have to be more prepared.

Anyway, we’re still on a level of $60k, we might still see the price to go up until the end of the year, but its really hard to tell on until when this bull trend last, a big question for me.

What whole year? We aren't done yet, there are two more months left before the end of the year. No one could actually tell what would be our future or the future of Bitcoin either. We are just all speculating here hoping that one day it's going to past the ATH and make its way to create a new ATH like $70k or $100k.

The year 2022 might surprise us if we keep expecting something in the future just like how the pandemic surprised us. Tongue

For me, I wouldn't want my hopes up by expecting something or overthinking to something that we don't know yet, that's exhausting I just want to go in the flow no matter what the decision of the market.

samcrypto

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

I support this statement since Bitcoin are doing good the whole year of 2021, I mean yes there was a big correction but still Bitcoin manage to bounce back and make its new ATH, so the next trend are sideways and a bigger corrections which you have to be more prepared.

Anyway, we’re still on a level of $60k, we might still see the price to go up until the end of the year, but its really hard to tell on until when this bull trend last, a big question for me.

MarjorieZimmermanGinger

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Correction or not the price of bitcoin will reach 70K or 90K, now look at bitcoin in the previous months, there have been many corrections both large and small that bitcoin has experienced, but slowly bitcoin has reached a fantastic selling value beyond most people's expectations, if calculated the previous month , it is certain that bitcoin will reach the price you mentioned or it could be more than what you mentioned.

ene1980

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Quote from: maydna on October 23, 2021, 01:03:05 PM

We can hope like that but we can only predict that and wait for a while because that 5 months later will be in February or March in the next year. No matter what will happen in the next 5 months, we must be ready and not panic if the bear market comes again. Hopefully, bitcoin can still increase until the next year so we will still have a chance to profit.

The bear market is inevitable as no market can move in a single direction, we are having a good rally this time does not mean that we will keep on moving higher. Expect the market to have a major correction by the end end of this year, that is what i am expecting and if the rally continue to last for a few more months, it would be great. But expect the correction to be big as well, that does not mean you need to panic, make changes in your position and when everything is settled make sure you hold coins Wink

.

mumang siat

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Bitcoin is in good shape this month and if it can be sustained it will eventually reach 70k/90K or more, everyone has made predictions about bitcoin, but the regret is that they can't buy bitcoin at the time of the big correction, even we ourselves can't follow bitcoin investment in the next few years, given the size of the high price of one bitcoin if we buy it, for those who have bitcoin just wait for an exciting and fun year-end carnival for maximum sales results!!!

maydna

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

We can hope like that but we can only predict that and wait for a while because that 5 months later will be in February or March in the next year. No matter what will happen in the next 5 months, we must be ready and not panic if the bear market comes again. Hopefully, bitcoin can still increase until the next year so we will still have a chance to profit.

LogitechMouse

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Correct me but you are basing what you are saying on the history right?
You expect that what happened in 2017-2018 will happen this time again?

You might be right and you might be wrong

. An insight is just the same as a prediction and you without any proofs to what you are saying, why would people believe in you. Well, if this will happen though I'm not ready Cheesy

. I might sell my Bitcoin holdings at the start of 2022

. Just kidding. Many are ready if the huge correction will happen and I think that it will happen. We just don't know when. It might be next year like what OP has posted or 2023. Lets just wait but I'm pretty sure it will happen.

ultrloa

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

We don't know the result will show each year that's why its hard to predict if we will go more higher or we will see downfall but what good thing to see is we are still going strong these month and if we can see the market reach at that figures then provably we can reach the figures we can't imagine maybe on december or in next year. I'm prepared on what will be the outcome and if I see a good opportunity to sell then I will do it since I actually don't like to bag hold.

Wexnident

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Highly doubt we'll actually have a major correction, one would probably happen by the range of $90k or so, though I think FOMO would be enough to push it up to $100k by then imo. We've had that huge correction where we went back to what, below $30k even? The growth to the new ATH is quite natural at this point imo so we shouldn't hit one till there's another significant increase once again. A correction is actually the least event to happen imo, a steady movement would basically be the most probable to happen while the next would be the rise up to $100k. We've had a correction back to $60k mostly because of people that profited off of the recent ATH, though I don't think it would last that long.

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Quote from: palle11 on October 23, 2021, 03:53:00 AM

The immediate drop of price after it beat the previous ATH of $63k+ and to $66,900 is a sign of profit taking that investors did and that did not last for long as price got sustained above $63k and yet at this time of writing, the price is still rally up which meaning we are probably seeing more run by the weekend and next week.

That stand as Correction in which normally happens when there are increase happens specially when ATH goes again, i don't know if this is literally new because for how many times this year alone? that comes in our ways.
staying at 60k above now https://coinmarketcap.com/ means this is the strong hold and we won't see another downfall below 60k .
and if that continues then our next target is 70k and then 80k in which i believe the maximum price this 2021 .

palle11

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The immediate drop of price after it beat the previous ATH of $63k+ and to $66,900 is a sign of profit taking that investors did and that did not last for long as price got sustained above $63k and yet at this time of writing, the price is still rally up which meaning we are probably seeing more run by the weekend and next week.

el kaka22

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Quote from: adaseb on October 22, 2021, 10:27:05 PM

I am going to be cautious if we don't close above previous ATH on the weekly time frames. If we fail to close above $64900 or we go to $64900 and get rejected it will be time to hedge some. And if we manage to close above that area then we can cover and it should break ATH and go higher and higher again.

I am sure tomorrow Sunday will be a deciding day where are going to head from here. If you have noticed, on all bullish times, market do rise up on Sundays and this way, I am expecting bitcoin to be setting up a new ATH by end of this weekend. Right now, we staying above $60k levels hence I am expecting to finish up this week above $65000 levels.

Quote from: pooya87 on October 23, 2021, 01:09:56 AM

We either see a huge bubble at $400k+ following the same 4 year cycle and then the bull run ends with a year long bear market or we continue seeing short bull-bear markets from now on without any long bear markets ever again.

I am positive about persistence of same 4 year cycle (if we did not have 50% fall from April's ATH of $64k, then I might have agreed about continuation of bull run into 2022 and above). The current bull cycle may end up anywhere between $120k to $390k levels as we cannot have any scientific approach against FOMO driven bubble.

pooya87

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I'm sorry but your insights make no sense at all.

First of all we just had a huge correction verging on being a crash. Price went down about 50% and lasted down there in an undervalued state for months and just this week price reached back where it should have been months ago which is above $60k.
There is simply no reason to expect a "correction" because what we just had was a recovery from and "over-correction"!
We even had a small 10% correction after hitting a new ATH @$67k.

Secondly in order to reach a new ATH above $100k or whatever your imagination is, we don't need an initial "major correction". The rise will happen as new money keeps pouring in from individuals and institutions alike. Just like the past 12 years.

Finally you seem to not understand bitcoin market at all. The bull market didn't start yesterday and won't end tomorrow. It started back in 2019-04-02 when price broke the strong $4k resistance and started rising up. All the short term drops were jut hiccups on the way to the new ATH. It also won't end any time soon. We either see a huge bubble at $400k+ following the same 4 year cycle and then the bull run ends with a year long bear market or we continue seeing short bull-bear markets from now on without any long bear markets ever again.

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Sharing graphs or at least explanation is enough for us to understand your views 4-5 months Bull run will be over? but Bull has been here for a year now as 2020 October starts the bull and up to now we are still experiencing Bullishness in market.
and pointing about 5 month specifically? meaning March next year? or in the beginning of 2nd quarter from 2022 the Bear market will come?
I'm not buying this lol.
Yeah bull is not happening continuously but at least this is here for a year now.

STT

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I dont think it'll stay that high without alot of tests and volume put in. Theres always some selling pressure of some kind, people want to realize profits and that occurs any time they think more immediate gains wont happen.
There are layers of holders of different kinds, it has to be assumed that many buyers will also sell within months at most, depending on sentiment and outlook in the market. Its almost always the case that the market will deal with negatives and pullback to some area that is rebought by speculators in the next cycle. I think that could be the 50 day average which is about 50k now, it formed the lower prices in the spring bullish action but is quite separated at present.

Poker Player

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Yeah, OK, but this is based on... what? Simply what you think? Is it just a hunch?

In the speculation section, you don't have to base what you say on a deep argument, as even predictive models that have a basis in past data and statistical patterns fail, but it would be nice to know if you think so because you have been following the market for a long time or what.

In my case, I think we are going to have an end of the year similar to previous cycles, that we are going to reach at least $100k, and then I am not so clear what is going to happen from January, as some predictions doubt that we will enter bear market and believe that the bull market will be extended a few months or that we will not have a bear market, at least as bad as in previous cycles.

adaseb

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I think it was impressive how we actually managed to break the ATH again, however this break was very weak compared to previous ATH breaks. The AUM for BITO was hardly increased the last 2 days. The first 2 days we got $500 Million each and the last 2 days we got maybe $50 Million. So it seems that people are getting scared to open positions.

I am going to be cautious if we don't close above previous ATH on the weekly time frames. If we fail to close above $64900 or we go to $64900 and get rejected it will be time to hedge some. And if we manage to close above that area then we can cover and it should break ATH and go higher and higher again. However so far its looking week. However its still early to tell, its only been a few days. We will see what next week will bring.

Kemarit

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Why you says so? Yes, the market can't be in parabolic rise, but times have change, bitcoin narrative is not the same 4 years ago when we had our last great bull run to $20k and then subsequent market crash. So it's hard to see the same scenario in about 5 months. Maybe we will reach certain peak, and then corrections, but maybe the dip will not be so dramatic as the last time. Everyone is ready for the last carnival and could have cash out already because the bear trend, or maybe they will be a holder for the longest time.

Fundamentals Of

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Do not expect that the market will always be bullish. There is always a cycle. It cannot be sustainable in any market if the sentiment is always bullish. You cannot expect the price to be rising no end. Expect corrections along the way. The buy orders could sometimes be defeated by the sell orders. But this is all in the shorter terms. In the bigger picture, the line is always diagonal and it is directed upwards. So there is really no last carnival of the bull market. Expect that in 2025, the price is already as high $300,000.

Rajamuda

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Quote from: Dhaniii on October 22, 2021, 07:39:11 PM

Many people experience their disappointment and regret when they make the wrong decisions about predictions that will happen in the future. wrong predictions and wrong decisions so that he does not become a lucky person. Anticipating such cases, it is necessary to monitor the market at all times and need to analyze every information from parties involved in cryptocurrencies so as not to get caught in the wrong decisions.

We are indeed like placed on things that smell like luck associated with prices that are not easy to predict and sometimes surprising. Trust and self-confidence are needed so that cannot be shaking the trust when holding on and being influenced by various issues or news that appear, because basically some issues/news are not sure to have a big impact on market movements.

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

It is hard to predict Bitcoin price but most likely and give the historical trend of last quarter of every year and continuous Institutional support , the Bull run will continue till January, 2022 and Bitcoin is expected to make new ATH (above 70K). The consistent Bull Run of Bitcoin will also trigger Rally in Alts market and good projects can go 2- 10 during this periods. Funds are also flowing in NFT market where investors interest is gradually picking up.

Dhaniii

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Many people experience their disappointment and regret when they make the wrong decisions about predictions that will happen in the future. wrong predictions and wrong decisions so that he does not become a lucky person. Anticipating such cases, it is necessary to monitor the market at all times and need to analyze every information from parties involved in cryptocurrencies so as not to get caught in the wrong decisions.

AmoreJaz

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Quote from: Jating on October 22, 2021, 05:59:43 PM

Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Not sure when is the bull run be over. We still have the December prediction of 6 digits and then we will see how it goes. Just imagine though, it we reached $150k this December and then corrected to $75k, it bitcoin still a failure? Lol, that is still big price in my opinion and we will never thought that we can even reach $60k already.

Of course, if you have experience the last bear market, then by now, you know you to prepare yourself of the imminent bearish trend.

no one can actually precisely predict when the bull run will be over. but anyone can speculate what may possibly happen in the market. and everyone is free to predict such.
people have always high expectations. but for you to survive in this market, you need to be smart and rely on your own instincts. so whatever happens, it is your disposition and not someone else's.

electronicash

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you should be looking at what is happening to the economy today of each country to see where funds are going. if US and China economy is crashing, where else do we see all the funds going? there will be a crash but we will know when it happens right when we realize it. 5 months is too short, this is only a continuation of the previous bull run.

Jating

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Not sure when is the bull run be over. We still have the December prediction of 6 digits and then we will see how it goes. Just imagine though, it we reached $150k this December and then corrected to $75k, it bitcoin still a failure? Lol, that is still big price in my opinion and we will never thought that we can even reach $60k already.

Of course, if you have experience the last bear market, then by now, you know you to prepare yourself of the imminent bearish trend.

blockman

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Quote from: huditrader on October 22, 2021, 08:10:53 AM

I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

We don't know that for sure but earlier, there has been a big correction that has happened. And that probably is the one factor that triggered to get back to its former ATH and even made a newer ATH.
If the bull run will be over for the next few months then so be it and we have to bear with another bear market and we don't know how long it will stay.
But if not, then the trend and cycle have been changed.

huditrader

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I think that in 5 months, if Bitcoin does not have a major correction, then Bitcoin will eventually remain at 70k~90k. If it is corrected, Bitcoin will go to a higher position. It is unimaginable. I think the bull market will be 4 ~5 monthsIt's over , anyone is ready for the last carnival of the bull market

Topic: Some of my insights on the market (Read 207 times)