The BTC deep continues for the next SIX Months. - page 4.

ethereumhunter

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Quote from: Xcode7 on March 04, 2023, 04:50:55 AM

Quote from: bestcoins1 on February 27, 2023, 06:54:47 AM

What reasons have you found in groups, websites, and telegrams for BTC price charts now? Because if it's only about the belief that Bitcoin will reach $ 30K in the short term, I personally also believe in this because Bitcoin is indeed experiencing a recovery period even though it is always accompanied by price corrections in the market.

with what is happening right now, of course there is no doubt, but one cannot say for sure when that time will come.
there is a lot of analysis on groups, websites and telegrams but I think it's just an analysis that everyone has the right to assume or speculate about what will happen in the future, and that's just an analysis that doesn't need to be debated because all of us have it.

It's better not to believe too much in other people's analysis because no one knows when bitcoin will reach $ 30k or even $ 60k again. It's better for us to analyze it ourselves. Even though there is analysis from people from groups, websites and telegrams, we make it as additional information that might be useful for us. Bitcoin is recovering after a deep decline and may take a while longer to start rising and breaking through $30k. So we have to be patient and wait, and if the price remains like this for the next six months, that's also okay because bitcoin can increase high later and create new ATH again.

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Quote from: bestcoins1 on February 27, 2023, 06:54:47 AM

Those who sell crypto in correctional or bearish periods are people who still don't understand how to hold crypto. Because experienced people in the crypto space always take advantage of correctional or bearish periods to buy more crypto assets in the market and try to hold existing crypto assets. Instead of releasing it into the market.

It seems so and it's all inseparable from fear and panic so deciding to sell Bitcoin during bearish times, that's a big mistake in my opinion.
even though it is very clear what has happened in the past, why should we be afraid and panic.

Quote

The whales always like to hold their holdings long term and never think about selling in the near future, let alone at the price level you mentioned. And the $20K story I think is so long overdue that it's not even worth talking about it now, because the Bitcoin price range right now is $23K - $24K. So try to monitor the prices on the market once in a while so that you know about the real price for each crypto asset.

It's the unpredictable thing for Bitcoin holders to decide when to release it.
the price of Bitcoin tends not to be far from $ 23K - $ 24K and it is stable without significant movement I think that is a positive thing even if looking at the long term chart it is increasing slowly and I think it is very likely that the trend will continue.

Quote

What reasons have you found in groups, websites, and telegrams for BTC price charts now? Because if it's only about the belief that Bitcoin will reach $ 30K in the short term, I personally also believe in this because Bitcoin is indeed experiencing a recovery period even though it is always accompanied by price corrections in the market.

with what is happening right now, of course there is no doubt, but one cannot say for sure when that time will come.
there is a lot of analysis on groups, websites and telegrams but I think it's just an analysis that everyone has the right to assume or speculate about what will happen in the future, and that's just an analysis that doesn't need to be debated because all of us have it.

bestcoins1

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Quote from: Lamkuthang on February 26, 2023, 01:39:30 AM

During this period most of the crypto users preferred to sell their crypto due to the bearish market and in most cases they couldn't wait to get back into the bull run, but to be seen there was something to show for bitcoin's ability to sustain its price even when all altcoins were actively dropping.

Those who sell crypto in correctional or bearish periods are people who still don't understand how to hold crypto. Because experienced people in the crypto space always take advantage of correctional or bearish periods to buy more crypto assets in the market and try to hold existing crypto assets. Instead of releasing it into the market.

Quote

In my humble opinion Some of the BIGGEST whales right now are long term HOLDERS and they are not going to sell their BTC. Due to the fact that they are patiently waiting for BTC to touch $20K before they sell it.

The whales always like to hold their holdings long term and never think about selling in the near future, let alone at the price level you mentioned. And the $20K story I think is so long overdue that it's not even worth talking about it now, because the Bitcoin price range right now is $23K - $24K. So try to monitor the prices on the market once in a while so that you know about the real price for each crypto asset.

Quote

Well, there are many analyzes according to BTC price charts and references to historical data, which explain the reasons for rising or falling almost every day on various groups, be it websites, telegrams or others, but I believe BTC will go to $ 30K in the near future.

What reasons have you found in groups, websites, and telegrams for BTC price charts now? Because if it's only about the belief that Bitcoin will reach $ 30K in the short term, I personally also believe in this because Bitcoin is indeed experiencing a recovery period even though it is always accompanied by price corrections in the market.

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Quote from: Jating on February 26, 2023, 05:47:22 PM

It seems to be that this sounds like a pure FUD on the part of the OP.

The OP is a plagiarist, and maybe he uses an AI chat bot, so there's no point in asking him something, because he doesn't even understand what he wrote. FUD or not, we don't need to waste time on these kinds of discussions because they lead nowhere.

bettercrypto

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

Well, in the first place, you have nothing to fear from what the value of bitcoin can fall. Well, just understand and observe since Bitcoin was created, hasn't the value of Bitcoin increased a lot since 2008 until now?

That's where you should see Bitcoin's stability, there is a lot of FUD's out there but even once the value of bitcoin has not dropped much because, in a short period, bitcoin has recovered and even exceeded the price that most of its holders did not expect.

Jating

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

It seems to be that this sounds like a pure FUD on the part of the OP.

I mean everything is very happy to see the price, January 40% and higher, February, not so bad at all. And now we hear someone saying that we will go down and that there will be no buyers?

Anyway, others have refuted your logic and it has flaws, one thing I can only say is that if you have been in the market for so long, you won't be affected by this kind of loom and doom prediction here in the community.

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

Bitcoin Shareholders? Bitcoin is not a security there are no shares and there are no shareholders.

Bitcoin right now is following the macro and we are still dealing with sticky inflation and its by stocks and crypto might of peaked a few weeks back. You need to realise that unless CPI is reduced then rates will have to be much higher, right now we are pricing in another 50 bps by the Summer. If inflation is still hot we might price in 75bps or 100bps and obviously stocks and crypto will suffer.

The way its looking we might peak at 6% interest rates. So far nothing the fed is doing is working. So the fed needs to get aggressive.

jostorres

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Quote from: Kemarit on February 26, 2023, 04:05:36 AM

we all know that we are still in the middle of bear market, so obviously the price might to go down as you have put it. Specially if there is a blank swan event like the Terra Luna and FTX collapse last year.

So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.

Not in the middle but we are almost ending the bear now. Did you see the good performance of the coins nowadays? They are mostly up by some percent. If ever there are dumps that will be experienced, I don't think it will be a huge one and it won't take much time for the price to recover again. Blank swan event is unpredictable and I think each year, there will always be one.

This is another reason for the price to decline and the severity will depend on the damage of that affected company but let's hope that the incoming one will be less brutal than last time so that it won't have a domino effect with the other like what happened with the FTX exchange.

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

~

I'm trying to analyze what you're saying OP, and I have 2 things that I have in my mind after reading what you posted.
It's either you are just saying nonsense with this one, or I'm just dumb enough to not understand what you're saying.

The only thing that is significant with this one is the word "saga" which the OP used. I've been in the crypto space for more than 4 years already, and it's my first time that the word saga is being used with Bitcoin. Cheesy

I don't know if I'm just ignorant enough to not see this word being connected with Bitcoin.

Overall, I'm kind of getting what the OP is trying to share with us, but this is just pure speculation as always. Revolution of losses, Bitcoin Saga, BTC been taken from the system or whatever terminologies they are, it's just pure speculation. To all newbies out there, don't take what the OP shared or at least just don't read it. It will make your head ache.

crwth

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Hmm. I think what you are trying to say is that the price wouldn't get higher anymore, right? So this is the best time to sell?

With the current range that we have, it's highly probable that it could go down first, but not going up for the next 6 months would be devastating. It could go down continuously, but that's not going to be a problem for other HODLers for sure.

I do hope that it could go down so I could buy more lol.

Lucius

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Quote from: LFC_Bitcoin on February 26, 2023, 10:28:20 AM

Short term thinking is the biggest failure people make in bitcoin. If you can’t invest your fiat into bitcoin & be patient for a few years (preferably even longer) then you are NGMI.

Bitcoin is designed to go up forever, if you don’t have the balls to HODL for years then this is not the right asset to invest in.

In that case, we can conclude that a fairly large percentage of people think in the wrong way, or it would be even better to say that they want to get in quickly and get out quickly with as much profit as possible. I am not at all surprised at such an attitude of an average person who is brainwashed every day by various government officials, especially those who come from central banks and similar financial institutions. When you hear the same phrases being said with ease like "it could all collapse at any moment" or "Bitcoin price could go to zero" it's clear why most people don't want to "take risks" in the long term.

I agree, they Not Going To Make It.

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

I am guessing that everything got lost in translation because for the love of everything i can't figure out what anything in your text means: "the market cap has shown 70% of possibility".
Are you talking about technical analysis is showing 70% possibility of btc going down? And i am guessing you are referring to lost privatekeys when you say "number of BTC has been taken from the system". But i can't think of any reason why that would affect the price in any other then positive way.

Quote from: Blisszi on February 24, 2023, 02:13:51 PM

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

And if the bitcoin owners or "shareholders" would increase the volume, that would mean they would have to sell their bitcoins.
Also can you link the bbc market news you are talking about as that part isn't decipherable either.

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Short term thinking is the biggest failure people make in bitcoin. If you can’t invest your fiat into bitcoin & be patient for a few years (preferably even longer) then you are NGMI.

Bitcoin is designed to go up forever, if you don’t have the balls to HODL for years then this is not the right asset to invest in.

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I don't think so because bitcoin still has a chance or hope to go up in the future, so the current state doesn't mean there is no reversal, but maybe the time hasn't come yet, and we have to wait again. We'll see if bitcoin will continue to fall or increase after this time, but I think bitcoin will rise again and even have a chance to reach the last ATH and will make a new ATH in the future.

We don't know how long the price will increase when the reversal continues. And before that time comes, we better try to collect as many bitcoins as possible so that when the price starts to increase and reaches a high price, we can sell it for a big profit.

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I think it is better to say that we will maintain the current trend for the coming months, but it is difficult to say that the price will go in a downward curve, especially since the bottom has been confirmed.
Therefore, unless a change occurs, such as the collapse of a stable currency or real chaos, we will remain above $15,000 for a long time.
Moreover, the next six months are not decisive, but rather several months of the year 2025

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

Thanks but we all know that we are still in the middle of bear market, so obviously the price might to go down as you have put it. Specially if there is a blank swan event like the Terra Luna and FTX collapse last year.

So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.

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During this period most of the crypto users preferred to sell their crypto due to the bearish market and in most cases they couldn't wait to get back into the bull run, but to be seen there was something to show for bitcoin's ability to sustain its price even when all altcoins were actively dropping.

In my humble opinion Some of the BIGGEST whales right now are long term HOLDERS and they are not going to sell their BTC. Due to the fact that they are patiently waiting for BTC to touch $20K before they sell it.

Well, there are many analyzes according to BTC price charts and references to historical data, which explain the reasons for rising or falling almost every day on various groups, be it websites, telegrams or others, but I believe BTC will go to $ 30K in the near future.

Captain Corporate

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures,

Ok what now? There must be something quite wrong about this, as someone who has been here for 10 years I can tell you that the number of people who are trading bitcoin right now, is x100 more than 10 years ago. The figures in 2013-2015 being more than the 2020-2023 period, the period when bitcoin reached the ATH prices? Are you kidding me? I need to see some proof of this, because I call it a straight up lie, a FUD spreading, a method to manipulate the market to make people fear holding bitcoin and nothing more, its not just a lie, its literally done purposefully to spread fear, nothing more and factually wrong.

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures

People are becoming more and more aware of "your keys your coins" after the collapse of some centralized services.
Here are some charts^[1] that show:

⠀

Bitcoin holdings by centralized exchanges are on
the decline.

⠀⠀

Massive withdrawals at the time of the collapse of
Terra UST (around May) and FTX alongside Blockfi's
bankruptcy (in November).

1. https://cointelegraph.com/news/bitcoin-exchange-withdrawals-sink-to-7-month-low-as-users-forget-ftx

Lucius

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Quote from: Blisszi on February 24, 2023, 02:13:51 PM

This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.

If I understand correctly, you mean that the price will go down because there is not enough BTC in the "system" for trading? Fewer available BTC on the market with the increased demand that has been evident since the beginning of this year should have quite the opposite effects to those you describe.

Quote from: Blisszi on February 24, 2023, 02:13:51 PM

BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.

Just listen to what they write and say on the mainstream media and everything will be fine Roll Eyes

- it seems that their "experts" have some bigger problems with mathematics, because it is stupid to say that 10 years ago more people traded Bitcoin than today.

Quote from: Blisszi on February 24, 2023, 02:13:51 PM

If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.

You are obviously still under the impression of what happened 1 or 2 years ago, so you don't understand that losses are an integral part of trading on every market. In addition, Bitcoin has grown by more than 50% compared to the bottom (below $16k), and you are talking about some kind of "price creeping" - first you need to look at the real data, and then draw conclusions.

Topic: The BTC deep continues for the next SIX Months. - page 4. (Read 679 times)