The indices that makes bitcoin price - page 2.

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Quote from: RILWAN on September 07, 2021, 11:42:13 AM

activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Not just bitcoin market, everywhere manipulations are happening and at the end of the day who are having more influence, might be getting chances to take the market direction in favor of them; it could be individuals like whales are group of individual traders and investors. So, nothing there to blame on bitcoin market just because of its high volatility nature.

Quote from: michellee on October 12, 2021, 12:07:06 PM

If you see the price is down fast and seems to crash, you do not need to panic because we will see that happen many times in the crypto market.

I'm sure that those people who are all into bitcoin markets for years definitely will not get panic when they are watching market crash but at the same time it must be a basic human nature to get panic when their hard earned money is melting down; I mean bitcoin market will have all types of people (some stay calm always and some may not) still bitcoin got all the power to prove its potential in the end to all of us.

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Quote from: asrinur on October 12, 2021, 08:27:17 AM

Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

In my opinion, the current crypto market conditions have started to improve again after a few weeks ago experienced a very deep decline as a result of China's FUD news. The price of bitcoin is currently experiencing a high spike where the price has broken through the $57k level.

It seems the price now is back on the right track and keeps increase although not much. Maybe the price is still affected by China's FUD news, so the price can not still rise fast. If you see the price is down fast and seems to crash, you do not need to panic because we will see that happen many times in the crypto market. Now, the price is struggling to lift price to the next high price and maybe after this, we will see a rally to $60k or more.

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Of course, the rules of the game have changed a lot now, it is no longer available for some individuals or whales to manipulate the bitcoin market as before because there are large institutions and companies that entered the game and it became very difficult for a whale or one individual to manipulate the market, of course it is not impossible, but it is much less than before, there are many One of the important factors that affect the price of bitcoin, down or up, is that it is difficult to predict the movement of bitcoin accurately. But of course you can determine whether the general trend is bullish or bearish.

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Quote from: asrinur on October 12, 2021, 08:27:17 AM

Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

In my opinion, the current crypto market conditions have started to improve again after a few weeks ago experienced a very deep decline as a result of China's FUD news. The price of bitcoin is currently experiencing a high spike where the price has broken through the $57k level.

bitcoin has started to improve lately and the market has broken through its highs after a price correction a few months ago. rumors about Chinese FUD not having much of an effect on bitcoin's movements are actually reversed. bitcoin broke through the high price of $57k again and continues to receive strong support from new investors.

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Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

In my opinion, the current crypto market conditions have started to improve again after a few weeks ago experienced a very deep decline as a result of China's FUD news. The price of bitcoin is currently experiencing a high spike where the price has broken through the $57k level.

BIN-BIN

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Quote from: bots1 on September 25, 2021, 09:48:16 AM

After continuing some strong uptrends over the past few weeks, Bitcoin appears to be experiencing a strong decline in price now. It's not clear if this trajectory will hold, but given that the famous golden cross has appeared, the market may be on the bearish.

Judging from the recent happening in Bitcoin price is clear that this season will witness a high level of bull run.
And one of the indices that impacts the Bitcoin price are its adoption and trading activities.

GeorgeJohn

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That's the reason i always emphasised that bitcoin price can't be predicted because it can come today and tomorrow it falls to the initial point, at the point it started pumping many traders always happy to see the movement accelerating but when it falls no will be happy about its falling except the buyers, so no matter perfect you are in future trading you can never get the price of bitcoin accurately, it's unpredictable unlike human life is unpredictable, so therefore bitcoin can be purchase anytime you decide to purchase or trade, so waiting for the price to go up or waiting for a perfect predictor, i think it's individual reasoning or thinking of investment.

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Its not likely to move below the 50 week average just yet and if it did so it would be the first time for this whole year so especially bearish. Some price levels be related to a rough sentiment that would match that amount of movement in the price. I doubt we get it by month end but should we have a prolonged series of negative weeks into months it might occur before resolving one way or the other.

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Quote from: bots1 on September 25, 2021, 09:48:16 AM

After continuing some strong uptrends over the past few weeks, Bitcoin appears to be experiencing a strong decline in price now. It's not clear if this trajectory will hold, but given that the famous golden cross has appeared, the market may be on the bearish.

Right now the price of bitcoin is ranging, it is not going to take a strong direction and it is just going to move between the 40k and the 45k levels, this is not probably what we were expecting now that we are so close to October but it seems this is what we are going to get for some time, but not all is bad, you can take the time to accumulate coins for the time being and even if I know the price is expensive it is going to get much more expensive during the next months so this is a good moment to accumulate some coins.

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Quote from: RILWAN on September 12, 2021, 12:30:46 PM

Quote from: sunsilk on September 11, 2021, 04:42:03 PM

Do not be surprised when you see bitcoin drops huge because we've been seeing it pump very fast and the counterpart and equal and balance reaction of it should also be that huge when it drops.

The very good thing about this is that we've seen the drop as soon as possible because if we're still not seeing it yet come. A bigger drop might occur because that's the typical movement of bitcoin when it goes up.

I think the highest deep in Bitcoin price has already happened when Bitcoin crashed from above 52k to 45k last week Tuesday; I believe the rest of the month will be more of a recovery phase for Bitcoin.

I see bitcoin's downward trend is still not over. Bitcoin will still fall deeper from its current position. Therefore, the price of bitcoin will slowly fall and will form a dead cat bounce until early next month. I suggest that if you want to invest, it is better to use money that is ready to be lost or funds that are not used for daily needs. You also have to understand that behind a big profit opportunity, there is always a big risk.

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After continuing some strong uptrends over the past few weeks, Bitcoin appears to be experiencing a strong decline in price now. It's not clear if this trajectory will hold, but given that the famous golden cross has appeared, the market may be on the bearish.

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In the last week, bitcoin experienced strong selling pressure, forcing it to drop from $52,000 to $45,000. the $45,000 figure means that when the chart hits the ratio there will be a reversal. However, until now bitcoin is still experiencing a correction where the bitcoin price has touched the level of $41k. This also makes alternative coins such as ETH, BNB, etc. also experience a decline. Bitcoin's current position is starting to touch the lowest support point and has shown a decline of 12%.

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Quote from: rahmatrf331 on September 21, 2021, 09:46:49 AM

Quote from: darkangelosme on September 21, 2021, 02:12:48 AM

Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

we can not return the time that has been wasted, where when the price has reached its maximum yesterday at the highest price of $ 52k and you don't take profits and stay focused on waiting for the highest price again, then now it's too late. The best solution is waiting and patiently in the next session.

We really won't be able to go back in time, if we miss the opportunity to sell Bitcoin when it reaches the price of $52k. We can do nothing but
be patient and wait for the Bitcoin price to rise again. There's no need to worry, if we look at the history of the movement of Bitcoin. We will know
how deep Bitcoin is going down, it will always come back up again, there is even a possibility of going even higher. Make what is happening now,
be a lesson for us, if we have a profit, immediately sell the Bitcoin that we have. Don't be too greedy and end up delaying selling the Bitcoins that
we have, thus eliminating the opportunity to make a profit.

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Quote from: el kaka22 on September 20, 2021, 11:53:03 AM

Leverage is the only way you could make a proper amount of money if you are a whale. I mean buying bitcoin is still a good investment but it doesn't have that huge volatility in billions for a single investor, even if they are whales it is unlikely, there are 5-10 places/people that may have 1+ billion dollar change (up or down) but at the end of the day we are talking about something that is quite rare because regular investments do not have that kind of change.

So at the end of the day, leverage makes it worthwhile to make that kind of trades, it allows you to make a lot more changes in the quicker term with billions because it could yield huge returns from huge movements with 100x or even as high as 150x leverages.

A whale using leverage makes sense as they are already big and they can artificially increase their size many times over and move the market in the way they want by using leverage so you are right there, but your average trader should not use leverage, and this is because they do not have that kind of capital that can move the market on their own, which means they are at the mercy of the markets, and while leverage can help you to make more profits at the same time we know it will increase your chances of suffering massive losses as well.

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Quote from: darkangelosme on September 21, 2021, 02:12:48 AM

Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

Manipulating the market has always been a thing. After a while you get used to it and it doesn't bother you like it used to bother me. It gets boring even, because I know that the price should be a lot higher and at this point it is a discount, I know that it could go down even more, and buying right now means you missed out on buying a lot earlier, and that is understandable.

However, it is not a problem for me since I am a long term investor and as long as I end up buying at lower than what it could be, then I am buying an undervalued asset and that is a great investment at any time. It could get a lot more undervalued, but there is a good case that when the bull run starts it could become an overvalued asset as well. So, just keep on grinding and do not care about all those manipulations made by whales.

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Quote from: darkangelosme on September 21, 2021, 02:12:48 AM

Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

we can not return the time that has been wasted, where when the price has reached its maximum yesterday at the highest price of $ 52k and you don't take profits and stay focused on waiting for the highest price again, then now it's too late. The best solution is waiting and patiently in the next session.

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The reason of that big dump could really be the whales in this market. Because they were HODLing Bitcoin for some time. And after seeing the price increasing really a lot, maybe they decided to sell a huge amount of Bitcoin. And it caused a big dump in a very short time period. Or it is not related to them and it is just about the volatility. I guess we will never know it certainly.

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Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.

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Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable

since years this market has always been that way, there were years when panic sales were worse than today

Quote from: RILWAN on September 07, 2021, 11:42:13 AM

with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

we have to look at the market and realize that if the price today is $43000 and tomorrow it is $50,000 then people who bought in the $43000 will eventually sell and the price will drop to $43000 or less. will always have many buyers or many sellers

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Quote from: RILWAN on September 07, 2021, 11:42:13 AM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Of course, one of the factors that make the price of bitcoin go up and down is the act of whales. But I think the bitcoin price will show some strength again. This can be seen from the significant number of bitcoins leaving the exchange. Therefore the price of bitcoin will soon return to the $48k to $50k area later this month.

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