The excitement is over, what's next? - page 2.

freedomgo

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Quote from: Findingnemo on May 17, 2020, 02:36:44 AM

Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.

Hope it will clear the barrier of $10K resistance level soon.

Depending on how you see it.

Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.

Naida_BR

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Quote from: mahilchii on May 12, 2020, 11:42:46 AM

Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.

So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.

There are a lot of people that do not wait for the price to go higher than 10k.
We reached two times this level once before the halving to happen and one after. In both times people started selling and the price dropped significantly. We have to wait for a new resistance level to be created.

Findingnemo

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Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.

Hope it will clear the barrier of $10K resistance level soon.

Harriti

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I will favor more discount. because if you look at the chart of BTC it has grown continuously on the weekly candle and I have never seen this happen. that will lead to overbought and a correction in prices will take place soon. We should accumulate USDT and wait for the price of bitcoin to fall to around $ 8k7 and $ 8k2 to buy.

Nazmul012

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Quote from: mahilchii on May 12, 2020, 11:42:46 AM

Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.
So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.

Actually bitcoin lovers are always excited about bitcoin price, no matter how much bitcoin, owned by them. But it's disappointed seeing no Principal movement happened after end of halving. But around at $9500 is not a bad price during this corona. Maybe havling start showing it's effect after end of corona

kceekcee

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Quote from: mahilchii on May 12, 2020, 11:42:46 AM

Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.

So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.

To be honest, i do not think the speculation failed, the inevitable happened, alot of investors rushed to buy bitcoin because of the halving, and anyone expecting influx of buyers and bulls immediately after the halving is just having a mere guess game.

This is not the time to sell investment, this is the time to dyor, stick to the solid guns and prepare for the bulls season.

bbc.reporter

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Quote from: gentlemand on May 16, 2020, 04:31:03 AM

Quote from: bbc.reporter on May 15, 2020, 09:25:05 PM

@gentlemand. What is the excitement?

It's the world of normal finance going bleedin' loopy in response to the world falling off a cliff. Money as we know it will be even more stunted and warped than it was before all of this kicked off. Who knows what tricks they'll pull out of their bag to keep the plates spinning.

That's going to have an effect on BTC one way or another.

Agreed. I reckon America's final trick would be to begin sailing some of their military warships in the South China Sea to begin something that might not be exciting news for anyone. It will keep the plates spinning, however hehehehe.

Oceat

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Quote from: imstillthebest on May 16, 2020, 08:01:14 AM

Quote from: electronicash on May 16, 2020, 05:12:28 AM

the only people who will lose excitement are the ones who sold their btc and hasn't yet bought back because the expected dip didn't happen. it may still come if nothing happens while the pandemic is around. crypto is full of thrills and excitement, you lose them both when you lose your coins.

i dont have coins now and i have sell before but why i still feel excited ? so i think this excitement are also happening now to people that doesnt have coins as well. sure halving is done and its effect but there are still after effects that will possibly happen .

just like when there is an earthquake , high chance that tsunami will occur too . so im expecting a big pump that will happen on btc these days. .

I hope your excitement won't let you down when your expectations failed because after the halving the market will continue to flow just like what it was when the halving is just an expectation. I will be surprised if bull run occur this year but I expected it to happen next year following what is the casual movement of the market after halving in the past.

freedomgo

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Quote from: onrise on May 16, 2020, 06:25:05 AM

Quote from: freedomgo on May 16, 2020, 04:38:15 AM

the halving is over but it seems like the excitement is still here, at least I can feel the hype because bitcoin is still bullish at the moment.
Though bitcoin fall a bit but I have a feeling that it will not only bullish pre halving but prior to halving as well, I am betting that bitcoin will pump to $10,000 again.

People who have followed the before 2 halving would have observed that after the halving for the next 1 year if compared after halving the bitcoin has given a good positive result in terms of rise. So actually, now the show has begun and better to continue buying on dips for a good returns.

The price is not on its dip yet, if we will buy starting from now and expect that the price will rise next year, then I should wait until bitcoin will fall again and it's possible that after this hype, bitcoin will start to dip again, that's the trend, I'm sure it will happen again.

STT

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2 day average is currently overhead this weekend, I'm looking to the greater conclusion which is the weekly bar and how significant is it if we appear to be placing a lower high. I'm certain it taking place but for now theres some question if we are bearish rather then ascending as we have done since mid March.

Seems like a fairly decent pattern call to me, though both these boundaries are very light as its just an indicator or moving average I still attribute some significance to price maintaining a distance between them (indecision). I'm interested to what traders take on recent action is, I always examine bars on 1 hour 4hr daily then weekly for each time frame of influence they have.
My rough take is weekend has us in the clouds and we'll see if its really going to rain next week, the reason it does matter is how it ties into the larger picture so the story goes on.

KTChampions

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My opinion will not be original - I believe that now everything depends on how the issue with the virus is resolved. The global economy depends on this, and crypto depends on the global economy. If a collapse occurs in traditional areas (a lot of signs indicate that it will be so), this will directly affect the cryptosphere and I think that here will be more deep fall.

carlfebz2

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Quote from: monineklutak on May 16, 2020, 10:32:32 AM

Quote from: TitanGEL on May 16, 2020, 09:57:04 AM

Quote from: LUCKMCFLY on May 16, 2020, 09:51:53 AM

Quote from: mahilchii on May 12, 2020, 11:42:46 AM

~snip~

I think that the emotion never ends in the Bitcoin market, the Halving effect is not immediately, we must remember that the times we are living are somewhat complicated, however it has been shown that the Bitcoin market has a very low correlation with the Other speculative markets, for now what turns out to be smarter is to wait and hodl Bitcoin, because the chances that the price will rise are greater than it will drop.

The price represents the emotion of the traders, that is why there is a downtrend and uptrend it is all because of the emotions which is greed and fear. Before the halving happened, I saw many posts related about it saying that the price of the bitcoin will increase but look what happened to its price today. Their emotion which is excitement leads to hype that causes them to have expectation that is really hard to achieve.

hope has been reached if you buy it at $ 3800, and sell it at $ 10000, because when the price plunges to $ 3800 Bitcoin is still counting days for Halving, of course it makes whales buy and the results are seen increasing more than 100% before halving, FOMO starts to disappear after halving, but don't worry, there will be more surprises in my opinion

The feels of getting FOMO'ed specially on halving event is normal where people do really think of for some skyrocket movement of price which we know that
this isnt something that do happen even if we do base up on what happened in the past when it comes to halving post-event.All would really be known
after several months or even years where we can tell if it did really have a significant impact or just still the same since we are moving on the same levels
or shall we say,theres no improvement of price in a span of time this is why i did switch to become an active trader so that i wont really be ending up
on holding assets just waiting to make some small percentage gains.

monineklutak

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Quote from: TitanGEL on May 16, 2020, 09:57:04 AM

Quote from: LUCKMCFLY on May 16, 2020, 09:51:53 AM

Quote from: mahilchii on May 12, 2020, 11:42:46 AM

~snip~

I think that the emotion never ends in the Bitcoin market, the Halving effect is not immediately, we must remember that the times we are living are somewhat complicated, however it has been shown that the Bitcoin market has a very low correlation with the Other speculative markets, for now what turns out to be smarter is to wait and hodl Bitcoin, because the chances that the price will rise are greater than it will drop.

The price represents the emotion of the traders, that is why there is a downtrend and uptrend it is all because of the emotions which is greed and fear. Before the halving happened, I saw many posts related about it saying that the price of the bitcoin will increase but look what happened to its price today. Their emotion which is excitement leads to hype that causes them to have expectation that is really hard to achieve.

hope has been reached if you buy it at $ 3800, and sell it at $ 10000, because when the price plunges to $ 3800 Bitcoin is still counting days for Halving, of course it makes whales buy and the results are seen increasing more than 100% before halving, FOMO starts to disappear after halving, but don't worry, there will be more surprises in my opinion

buwaytress

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Quote from: bbc.reporter on May 15, 2020, 09:25:05 PM

@gentlemand. What is the excitement? Reopening of the world after the coronavirus? It might be another occassion for disappointment, I reckon.

In any case, the next source of excitement and hype on the cryptospace is the pump of Eth 2.0. It might be bigger than the halving hehehe.

Let's all pick any number of random things to hype, and then enjoy the dud when it arrives to a fizzling of disappointment and letdowns.

ETH 2.0 is 2021 though isn't it? And that's not just a halving but a quartering at least. Probably just in time for the next Bitcoin fomo super parabola rally to break ATH by 1000% at first attempt.

See how easy it is to hype shit? Wink

TitanGEL

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Quote from: LUCKMCFLY on May 16, 2020, 09:51:53 AM

Quote from: mahilchii on May 12, 2020, 11:42:46 AM

~snip~

I think that the emotion never ends in the Bitcoin market, the Halving effect is not immediately, we must remember that the times we are living are somewhat complicated, however it has been shown that the Bitcoin market has a very low correlation with the Other speculative markets, for now what turns out to be smarter is to wait and hodl Bitcoin, because the chances that the price will rise are greater than it will drop.

The price represents the emotion of the traders, that is why there is a downtrend and uptrend it is all because of the emotions which is greed and fear. Before the halving happened, I saw many posts related about it saying that the price of the bitcoin will increase but look what happened to its price today. Their emotion which is excitement leads to hype that causes them to have expectation that is really hard to achieve.

LUCKMCFLY

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Quote from: mahilchii on May 12, 2020, 11:42:46 AM

~snip~

I think that the emotion never ends in the Bitcoin market, the Halving effect is not immediately, we must remember that the times we are living are somewhat complicated, however it has been shown that the Bitcoin market has a very low correlation with the Other speculative markets, for now what turns out to be smarter is to wait and hodl Bitcoin, because the chances that the price will rise are greater than it will drop.

smyslov

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Quote from: mahilchii on May 12, 2020, 11:42:46 AM

Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.

So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.

I thought this post was dated March when the pandemic is just starting out, only to find out that it is just a week after the halving when things are getting better, the market is doing good now compare to what it was showing two months ago, and it will continue to get better, now that the vaccine is in testing period, so be positive.

imstillthebest

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Quote from: electronicash on May 16, 2020, 05:12:28 AM

the only people who will lose excitement are the ones who sold their btc and hasn't yet bought back because the expected dip didn't happen. it may still come if nothing happens while the pandemic is around. crypto is full of thrills and excitement, you lose them both when you lose your coins.

i dont have coins now and i have sell before but why i still feel excited ? so i think this excitement are also happening now to people that doesnt have coins as well. sure halving is done and its effect but there are still after effects that will possibly happen .

just like when there is an earthquake , high chance that tsunami will occur too . so im expecting a big pump that will happen on btc these days. .

onrise

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Quote from: freedomgo on May 16, 2020, 04:38:15 AM

the halving is over but it seems like the excitement is still here, at least I can feel the hype because bitcoin is still bullish at the moment.
Though bitcoin fall a bit but I have a feeling that it will not only bullish pre halving but prior to halving as well, I am betting that bitcoin will pump to $10,000 again.

People who have followed the before 2 halving would have observed that after the halving for the next 1 year if compared after halving the bitcoin has given a good positive result in terms of rise. So actually, now the show has begun and better to continue buying on dips for a good returns.

electronicash

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the only people who will lose excitement are the ones who sold their btc and hasn't yet bought back because the expected dip didn't happen. it may still come if nothing happens while the pandemic is around. crypto is full of thrills and excitement, you lose them both when you lose your coins.

the next to watch out is the effect of halving. it may come after months, some users says we can reach the ATH by next year.

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