Top analyst warns a hard dump. - page 2.

michellee

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Quote from: Finestream on February 15, 2020, 06:13:50 PM

Quote from: KnightElite on February 15, 2020, 12:53:31 PM

Dump will happen but we should not expext that there will be a dump in thid moment. Right now the bitcoin has still momentum where its price is continuing to increase. The massive dump that the analyst talking about will happen when the uptrend snaps but the good thing is the price still trailing at 20 MA where the 20 MA is still acting as support and it indicating a healthy sign of market.

It looks like there's a dump happening already... or maybe it's just a weekend dump that we are seeing now.
After many days of holding over $10,000, btc now dump to $9900 and so the rest of the market was heavily affected, what next for this?

The next thing that can happen is bitcoin prices will be back to increase, and maybe the price will reach $10k again or even higher. We can hope that in the next increase, bitcoin price can hit $11k because the price cannot increase with fast so that the next target price will be at $11k. We need to wait for tomorrow, and hopefully, everything will be back to the current price first so we can at least make a profit like before. But still, be careful with any possibility that might happen in the next few hours.

KTChampions

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Quote from: Finestream on February 15, 2020, 06:13:50 PM

It looks like there's a dump happening already... or maybe it's just a weekend dump that we are seeing now.
After many days of holding over $10,000, btc now dump to $9900 and so the rest of the market was heavily affected, what next for this?

+/- 5% in a day it is not pump or dump. Bitcoin has always had great volatility, and such a change in price is absolutely normal. I think we should wait for a price change in the region of 20% minimum to talk about some kind of tendency/trend.
Maybe there will be a fall ahead, or maybe now consolidation is taking place before growth. Hard to guess.

Oasisman

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Quote from: Finestream on February 15, 2020, 06:13:50 PM

It looks like there's a dump happening already... or maybe it's just a weekend dump that we are seeing now.
After many days of holding over $10,000, btc now dump to $9900 and so the rest of the market was heavily affected, what next for this?

Nah, It doesn't look like a dump, it's more of a short pull back caused by quick sellers maximizing the opportunity and causing the price to fall a little bit, thus creating good entry point.
I might consider a dump when Bitcoin will fall back to $8,000 level, which I also don't expect to happen.
Bitcoin just lost $400 in the last 24hrs, doesn't sound like a dump. $10,000 level is really hard to hold btw.

STT

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Weekend isnt the serious volume I reckon, we'll revisit this idea and these prices quite likely around Monday time frame. However its certainly looking like a good threat to the channel rising that was in place for most of this year.

If we break a larger time frame of rises then it'll be a bigger sell then just normal profit taking. 50 and 200 day averages is a rough target, but see first if it can close below 9700 on weekly bar. It'll be more obvious afterwards, I think we might also revert this rise and go back nearer to 10k and test again during the week.

Finestream

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Quote from: KnightElite on February 15, 2020, 12:53:31 PM

Dump will happen but we should not expext that there will be a dump in thid moment. Right now the bitcoin has still momentum where its price is continuing to increase. The massive dump that the analyst talking about will happen when the uptrend snaps but the good thing is the price still trailing at 20 MA where the 20 MA is still acting as support and it indicating a healthy sign of market.

It looks like there's a dump happening already... or maybe it's just a weekend dump that we are seeing now.
After many days of holding over $10,000, btc now dump to $9900 and so the rest of the market was heavily affected, what next for this?

KnightElite

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Dump will happen but we should not expext that there will be a dump in thid moment. Right now the bitcoin has still momentum where its price is continuing to increase. The massive dump that the analyst talking about will happen when the uptrend snaps but the good thing is the price still trailing at 20 MA where the 20 MA is still acting as support and it indicating a healthy sign of market.

Latviand

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The market price have increased recently and it won't be surprising to know that the market price will again fall in a sudden because that is simply volatility. There are no such thing as top analyst. People are just throwing expectations and speculations of how would the market behave, without certainty. It will just be the coincidence that would make it happen, because no one can really determine the outcome of cryptomarket behavior.

Quote from: vintages on February 14, 2020, 05:16:13 AM

His "guesses" might come true and as well be the opposite.
It's high time you stop classifying anyone who gives their opinion on cryptocurrency especially Bitcoin as a "top analyst". Almost everyday we see random people pop up as analysts just because of their opinions.
Also, there could be a price dump as many impatient investors who bought Bitcoin because of the pumping might want to sell for small gains. While others are buying for the upcoming Bitcoin halving.

By just counting the predictions of different people, you would know that they gave expectations without certainty. Think of how many people who assumes bullrun early this year, since the price did not show any signs of recovery at that given period, no one talk about it. And now one expectation of an individual seem to happen, people are now having this so called "analysts" of another "kind". It is quite a" the more the predictions are, the more chances one prediction would be right".

KTChampions

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Quote from: cytpoway121 on February 14, 2020, 10:16:11 AM

~
If you want to wait for an analayst to tell you when there will be a bull or a bear market, then you are not ready for crypto currency token hodl or trading.
Instead of fudding on the words of an analyst who might be bias in his word (for his advantage), dyor and keep your personal composure.

There is some truth in your words, your opinion is fundamental when making decisions, as it is your money and your responsibility. But for the sake of a variety of points of view, it is always useful to get acquainted with the thoughts of other people and professional analysts. At least some objective information can be learned from them (I'm not talking about their opinions but about the facts).

cytpoway121

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As a crypto currency token hodler, or trader, i think there are two sides you should always expect, the bear market and the bull market.

If you want to wait for an analayst to tell you when there will be a bull or a bear market, then you are not ready for crypto currency token hodl or trading.
Instead of fudding on the words of an analyst who might be bias in his word (for his advantage), dyor and keep your personal composure.

Dart18

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Why not?
I believe anything can happen when it comes to the market of bitcoin.
We have all seen it. If not, then we could look at the graphs from maybe 2015.
Dumps happen like just 5 minutes. I even saw before like $500 dump in just 5 minutes and then it came back in a blink.

It ain't a stable coin, that I am sure about. Grin

KTChampions

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Quote from: shoreno on February 14, 2020, 05:37:40 AM

Quote from: KTChampions on February 14, 2020, 04:28:09 AM

At any given time, some analysts predict growth, another part predict a decline, so if we want, we can make any selection of opinions Cheesy

These opinions should not be taken seriously. This is informational noise. But here we have to study indirect information since such people do not voice their thoughts.

i always believe on someone that says positive but i feel sad or i dont believe at all when someone says negative words like price decline even if i know that the situation is verry crucial or critical for cryptos but today its pretty steer cleer to me that the value is now rising . the rise isnt on its peak yet so i dont feel like seeing negative predictions .

If you think so, then it may be worth betting on some exchange for growth (with leverage)? In this case, you will get more profit than with a simple hold.

Quote from: shoreno on February 14, 2020, 05:37:40 AM

Quote from: KTChampions on February 14, 2020, 04:28:09 AM

It is more interesting to study the opinions of people who directly act with money based on their opinion.

when someone claims they are top analyst , we cant still be sure if they are telling the truth or not , they can pay the media so that they apear more legit .

I agree with you. But in this case, I was not talking about analysts - the opinion of investors and traders is important.

shoreno

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Quote from: KTChampions on February 14, 2020, 04:28:09 AM

At any given time, some analysts predict growth, another part predict a decline, so if we want, we can make any selection of opinions Cheesy

These opinions should not be taken seriously. This is informational noise. But here we have to study indirect information since such people do not voice their thoughts.

i always believe on someone that says positive but i feel sad or i dont believe at all when someone says negative words like price decline even if i know that the situation is verry crucial or critical for cryptos but today its pretty steer cleer to me that the value is now rising . the rise isnt on its peak yet so i dont feel like seeing negative predictions .

Quote from: KTChampions on February 14, 2020, 04:28:09 AM

It is more interesting to study the opinions of people who directly act with money based on their opinion.

when someone claims they are top analyst , we cant still be sure if they are telling the truth or not , they can pay the media so that they apear more legit .

vintages

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His "guesses" might come true and as well be the opposite.
It's high time you stop classifying anyone who gives their opinion on cryptocurrency especially Bitcoin as a "top analyst". Almost everyday we see random people pop up as analysts just because of their opinions.
Also, there could be a price dump as many impatient investors who bought Bitcoin because of the pumping might want to sell for small gains. While others are buying for the upcoming Bitcoin halving.

KTChampions

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Leading Crypto Sports Betting & Casino Platform

At any given time, some analysts predict growth, another part predict a decline, so if we want, we can make any selection of opinions Cheesy

These opinions should not be taken seriously. This is informational noise. It is more interesting to study the opinions of people who directly act with money based on their opinion. But here we have to study indirect information since such people do not voice their thoughts.

Reid

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Top analyst? Is there a registration for that? I want to be one too.

I don't just believe on some guy with a good writing skills or a good camera that could make good moving photos.
Although, I respect who you will follow.
That doesn't mean that we really need to believe it.
Look, you could also keep it for yourself just to avoid some bashing. That is what I do and it works great.

Bitcoin could have a sudden fall anytime. Yeah, I could tell that too.

arwin100

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Quote from: slaman29 on February 13, 2020, 08:04:42 AM

Quote from: Harlot on February 11, 2020, 12:25:10 PM

It has been almost a month now and Bitcoin didn't show any signs of reversal and has completely gone into the opposite direction of what he is saying, this just proves the fact that we should avoid listening and following people and news blindly without us doing any research and analysis of our own. "Top" Analysts and news makers are very predictable now, don't you see that? If Bitcoin has stayed in the bottom for a while a lot of people will call it that Bitcoin will go up but if Bitcoin is going strongly upwards a lot of these people will call that Bitcoin will go down, they are just predicting the natural movement of Bitcoin and there is nothing special about that. They'll just be here throwing us random numbers of support levels and resistances in order for us to see them believable when in fact they are not that accurate.

And just to make sure we also have a good expectation and reality, even if we spend all the time analysing and listening and researching, we could still get things wrong!

The thing is people say when it's a bull, go along. But how do we know it's a bull and not a trap? Hence, invest with money you can afford to lose is the only advice worth listening to;)

That's why in this talk we should not put our money in single basket so whether it is a bitcoins or in altcoins since it's really better if we split up like investing it on ethereum and or other so that we will not fall if the trap occurs. But we cannot literally say in when is the bull run or how does it occur since most provably we will start on the hype and it's important for us to ride on.

slaman29

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Quote from: Harlot on February 11, 2020, 12:25:10 PM

It has been almost a month now and Bitcoin didn't show any signs of reversal and has completely gone into the opposite direction of what he is saying, this just proves the fact that we should avoid listening and following people and news blindly without us doing any research and analysis of our own. "Top" Analysts and news makers are very predictable now, don't you see that? If Bitcoin has stayed in the bottom for a while a lot of people will call it that Bitcoin will go up but if Bitcoin is going strongly upwards a lot of these people will call that Bitcoin will go down, they are just predicting the natural movement of Bitcoin and there is nothing special about that. They'll just be here throwing us random numbers of support levels and resistances in order for us to see them believable when in fact they are not that accurate.

And just to make sure we also have a good expectation and reality, even if we spend all the time analysing and listening and researching, we could still get things wrong!

The thing is people say when it's a bull, go along. But how do we know it's a bull and not a trap? Hence, invest with money you can afford to lose is the only advice worth listening to;)

STT

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I believe BTC is quite a fair master in that it gives several warnings before it makes a grand move most of the time. We're nowhere near that place of many threats to the downside or extension past a broken uptrend. It could go down still but would be unexpected at this point.
I'm just waiting for it to confirm below the 2 day average and then go for a point and again show confirmation on a longer time frame. If it does this repeatedly it can accumulate into a larger sell but I think just 10k is now a downside target.

Harlot

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It has been almost a month now and Bitcoin didn't show any signs of reversal and has completely gone into the opposite direction of what he is saying, this just proves the fact that we should avoid listening and following people and news blindly without us doing any research and analysis of our own. "Top" Analysts and news makers are very predictable now, don't you see that? If Bitcoin has stayed in the bottom for a while a lot of people will call it that Bitcoin will go up but if Bitcoin is going strongly upwards a lot of these people will call that Bitcoin will go down, they are just predicting the natural movement of Bitcoin and there is nothing special about that. They'll just be here throwing us random numbers of support levels and resistances in order for us to see them believable when in fact they are not that accurate.

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Quote from: bitgolden on February 11, 2020, 11:31:28 AM

Quote from: mahilchii on February 05, 2020, 09:23:31 AM

One of a top analyst says BTC could face a hard dump in couple of weeks, after rallying till 9.5k this year he predicts BTC may fall again. Are the whales making a twist again?

Well I think there is no positive sign of a pump showing on the chart, guys have a look on it seems like BTC is giving opportunity to invest Grin

https://www.newsbtc.com/2020/02/05/top-analyst-predicted-bitcoin-rally-9500-warns-hard-dump/amp/

This so called one of the top analyst maybe one of the big whales who always try to manipulate the markets for their own benefits. This year, we have seen some good growth from the start of the year which is surely a good sign. There might be various people who might force you to panic sell coins just because they want a better dip for themselves to enter the markets.

The prices would continue rising which would end up in the bull runs so it is going to be most beneficial for the big whales. You should always make your own research before you could trust any such news platform. I personally do not think that there would be a hard dump in few weeks but I think exactly the opposite. I think there would be a pump in few coming weeks.

And I think this analysis is very likely. Looking at historical Bitcoin price charts, we can see that the bull run always followed a few months after the halving event. If the situation were to repeat again, the beginning of the bull run can be expected at the end of this year, not now. I think if the situation happens again, we still have a lot of time for a big price dump.

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