Top analyst warns a hard dump. | Bitcointalksearch.org

TheAndy500

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Quote from: Yamifoud on February 24, 2020, 05:34:30 PM

Should we have to sell it now because someone says a huge dump is coming? Definitely, not and I'm not worried about that speculation or even bothering me and think of selling. People could play some foolish thing and they are free to say something stupid or anything that could make weak hands become weaker.

I believe this was just pure market speculation and no basis for its dump. And I don't believe anyone who will say like this because, in the first place nobody knows exactly what will happen today, tomorrow and for the incoming.

Of course nobody should make investment decisions based on this information. This is pure speculation, and in fact anything can happen. What we write about here is only what we believe. The cryptocurrency market is too liquid to be sure of anything.
If someone invests long-term, they should not read it at all. However, if someone invests in short term, then they should be careful, because in my opinion a hard dump of price before halving is very possible.

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Should we have to sell it now because someone says a huge dump is coming? Definitely, not and I'm not worried about that speculation or even bothering me and think of selling. People could play some foolish thing and they are free to say something stupid or anything that could make weak hands become weaker.

I believe this was just pure market speculation and no basis for its dump. And I don't believe anyone who will say like this because, in the first place nobody knows exactly what will happen today, tomorrow and for the incoming.

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Quote from: bitbunnny on February 24, 2020, 04:09:26 PM

What does that mean top analyst?' That is no reference at all. I think that people often give too much attention to so called different Bitcoin experts that often only confuse people are spread disinformation.
However, we all know that Bitcoin is volatile and that corrections can happen all the time and they probably will. But to claim that there will be hard dump you need to have at least some relevant data to.support that.

You are a bit denying yourself.. Analysts base their opinions on data. At this point, it looks like they are taking into account data from previous halvings.
If you look at historical Bitcoin price charts, you'll see that the bull run always started a few months after halving. We are currently observing large price increases, but it is much too early for the bull run to start, so it is very likely that we will see another big price dump before the next bull run begins. I understand it this way.

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What does that mean top analyst?' That is no reference at all. I think that people often give too much attention to so called different Bitcoin experts that often only confuse people are spread disinformation.
However, we all know that Bitcoin is volatile and that corrections can happen all the time and they probably will. But to claim that there will be hard dump you need to have at least some relevant data to.support that.

TheAndy500

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Quote from: xvids on February 23, 2020, 06:05:42 AM

It is to be expect whenever the price increase,
A price correction or a dump would be next to it.
So for sure after the hype from halving we would see a hard dump,
But if we're lucky enough the price could stay there and be stable for awhile.

Deciding on how to interpret the possible market movements is very hard but with this understanding and knowledge how to assess there's ways a high chance to see a much stronger run. Everything depends from how good you will anticipate and what are the system that you'll going to use for you to place your position in the right place and time.

Price correction is different than dump. We can see that since the beginning of the year we had price increases, and now the price seems to be stabilizing, but it is still too early to be sure that the bull run is starting. I think the price will start rising after halving, so there is still enough time to see another big price dump. I think there is a chance we'll see $5k before halving.

Oceat

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Quote from: BlackFor3st on February 23, 2020, 07:28:47 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/

There is no hard dump that happened up until now so this prediction really shows how unpredictable the market is, though there is a little decrease of price but it is only normal so far as it is only part on how the market works.

Once the increase of price is currently happening, the traders are also doing their job to earn as much profit and the buy and sell functions in every exchange is very lively. The little decrease only happened especially if there are few big whales that are also trading in either daily basis or weekly basis.

We will know if there is a big pump going to happen if there is a big dump happening so as of now this little decrease is just a normal market movement. A traders trading each other that's all but if we actually going to see a big dump then that is probably the whales doing it. Once we get to that point after the Bitcoin halving then expect already that there is a huge pump perhaps a bull run that is going to happen.

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Quote from: kentrolla on February 23, 2020, 12:45:28 PM

Quote from: KTChampions on February 23, 2020, 07:36:05 AM

I am glad that, nevertheless, despite the manipulations, economic laws continue to work everywhere and in this area too. Therefore, large manipulative movements are possible only at short distances. And if they happened then there is a good opportunity to trade against this movement.

Exactly, after all the manipulations we can possibly see a massive pump as halving is been a big hope. And yes even the trading is clearly involved on speculating the price movements which is based on the market situation right now I am only concerning about the short falls and it looks like a temporary one also the price is keep on spinning, and I think it will recover very soon.

I do not know why you think that halving will be a positive factor for the price of bitcoin. The bitcoin hash rate updates its highs and the network consumes more and more electricity; halving will not be able to cancel this irrational growth without a big dump.
This growth would be justified if the development of bitcoin was faster and more effective, but I do not see any special news that would say that bitcoin is gaining new areas of application. On the contrary, I hear more about competitors.

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Quote from: KTChampions on February 23, 2020, 07:36:05 AM

Quote from: Baoo on February 18, 2020, 05:54:56 PM

~
That's true, we don't know what is going to happen in the market and to be honest, everything is possible we may see a big pump in a short period or dump. the instability of the cryptocurrencies makes people afraid, that's a fact. it is completely true that whales are controlling the market, but it is not the main reason for the volatility of the market, maybe this little correction was not made by them. it is certain that holding bitcoin is always the best option for all the time.

I am glad that, nevertheless, despite the manipulations, economic laws continue to work everywhere and in this area too. Therefore, large manipulative movements are possible only at short distances. And if they happened then there is a good opportunity to trade against this movement.

Exactly, after all the manipulations we can possibly see a massive pump as halving is been a big hope. And yes even the trading is clearly involved on speculating the price movements which is based on the market situation right now I am only concerning about the short falls and it looks like a temporary one also the price is keep on spinning, and I think it will recover very soon.

KTChampions

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Quote from: Baoo on February 18, 2020, 05:54:56 PM

~
That's true, we don't know what is going to happen in the market and to be honest, everything is possible we may see a big pump in a short period or dump. the instability of the cryptocurrencies makes people afraid, that's a fact. it is completely true that whales are controlling the market, but it is not the main reason for the volatility of the market, maybe this little correction was not made by them. it is certain that holding bitcoin is always the best option for all the time.

I am glad that, nevertheless, despite the manipulations, economic laws continue to work everywhere and in this area too. Therefore, large manipulative movements are possible only at short distances. And if they happened then there is a good opportunity to trade against this movement.

BlackFor3st

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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/

There is no hard dump that happened up until now so this prediction really shows how unpredictable the market is, though there is a little decrease of price but it is only normal so far as it is only part on how the market works.

Once the increase of price is currently happening, the traders are also doing their job to earn as much profit and the buy and sell functions in every exchange is very lively. The little decrease only happened especially if there are few big whales that are also trading in either daily basis or weekly basis.

xvids

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It is to be expect whenever the price increase,
A price correction or a dump would be next to it.
So for sure after the hype from halving we would see a hard dump,
But if we're lucky enough the price could stay there and be stable for awhile.

Arkann

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As always, the cryptocurrency market is trying to artificially manipulate causing discharges and inflation of the cryptocurrency rate, while the indicators of such actions should at least equal 50% of the price change for the rating cryptocurrency. But taking into account the fact that all cryptocurrency users expect bitcoin halving in May 2020, the market should show positive changes up to a certain date and after it. Based on this, it can be assumed that a correction is taking place, after which growth will again go.

Baoo

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Quote from: milewilda on February 16, 2020, 11:17:52 AM

Quote from: KTChampions on February 16, 2020, 01:22:10 AM

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.

This is what most people do say when they do saw those percentage drops which come to think that this had been like a typical day on crypto.They do panic out
when they saw the price had pullback then they consider it as a dump.lol

The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens.
Same goes for huge sell off signs.

That's true, we don't know what is going to happen in the market and to be honest, everything is possible we may see a big pump in a short period or dump. the instability of the cryptocurrencies makes people afraid, that's a fact. it is completely true that whales are controlling the market, but it is not the main reason for the volatility of the market, maybe this little correction was not made by them. it is certain that holding bitcoin is always the best option for all the time.

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Quote from: Oasisman on February 17, 2020, 11:32:06 AM

Quote from: milewilda on February 16, 2020, 11:17:52 AM

The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens.
Same goes for huge sell off signs.

Absolutely correct!
The last thing you'll realize that the price is already stablished on whether a pump or a dump is when it's already obviously happened. This is where the investors was confused about and the FUD was created because of the very volatile nature of Bitcoin and nothing could every guess the market movements.

You want to say that positive or negative opinions about Bitcoin appear after the fact? When the price begins to rise everyone starts to speak positively, and when the price starts to fall FUD appears? The consequences are obviously natural, but many times events have driven the price. Certainly the best example of a price drop is the Mt.Gox scandal, and halving, for example, has a positive effect on the price. Of course, I agree with you that it happens that it is after changing prices that people change their minds, but as you can see it is not always the case.

Oasisman

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Quote from: milewilda on February 16, 2020, 11:17:52 AM

The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens.
Same goes for huge sell off signs.

Absolutely correct!
The last thing you'll realize that the price is already stablished on whether a pump or a dump is when it's already obviously happened. This is where the investors was confused about and the FUD was created because of the very volatile nature of Bitcoin and nothing could every guess the market movements.

coinfinger

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Like someone already pointed out, today is another Monday and we got cheaper bitcoins one more time. But, what OP is mentioning may happen or not. For that, we need to wait few more days. Like, if bitcoin is able to bounce back toward $10k and then $10.5k levels again, then we can ignore what OP said. Otherwise, hard dumping might have been into action but I am sure this time we may not see anything below $8k levels for sure.

I guess prices will bounce back at any time and we may see good rallies around the times of halving for sure unlike previous halving times. Let's wait and watch and definite this is not a time to worry on any hard dump.

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Quote from: milewilda on February 16, 2020, 11:17:52 AM

Quote from: KTChampions on February 16, 2020, 01:22:10 AM

+/- 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.

This is what most people do say when they do saw those percentage drops which come to think that this had been like a typical day on crypto.They do panic out
when they saw the price had pullback then they consider it as a dump.lol

The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens.
Same goes for huge sell off signs.

Heh, you're right. But do you have any personal assumptions? For example, I’m waiting for a fundamental signal, I don’t believe in technical analysis and I think that the coming events will be related to the coronovirus, so I watching this topic.

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Quote from: milewilda on February 16, 2020, 11:17:52 AM

Quote from: KTChampions on February 16, 2020, 01:22:10 AM

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.

This is what most people do say when they do saw those percentage drops which come to think that this had been like a typical day on crypto.They do panic out
when they saw the price had pullback then they consider it as a dump.lol

The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens.
Same goes for huge sell off signs.

You make a reasonable statement for it completely hard to know if the market is in dump or huge sell off/slightly corection stage until totally posed the trend but if we check the whales movement according to whales alert we're in a dump market now reason is that there are some huge sell off going on every 5 minutes till now.

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Quote from: KTChampions on February 16, 2020, 01:22:10 AM

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.

This is what most people do say when they do saw those percentage drops which come to think that this had been like a typical day on crypto.They do panic out
when they saw the price had pullback then they consider it as a dump.lol

The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens.
Same goes for huge sell off signs.

jhonjhon

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Quote from: BrewMaster on February 05, 2020, 09:50:14 AM

random vocal people on the internet are not considered "top analysts". the fact that news sites report them like this only shows that they have ran out of stuff to post and get traffic so they succumb to posting nonsense.

ps. as always if they were truly experts they wouldn't have wasted their time posting their guesses all over the place.

They just wanted attention that is why they are posting nonsense and whether we like it or not a lot of people still fall for it so what do you expect? If only no one will believe them and consider them as top analyts then I think they have stopped already. Anyways, a lot of people are claiming they are the best at speculation or predicting bitcoin, we just have to be wise in choosing which one to follow and believe.

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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.

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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.

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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".

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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

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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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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.

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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.

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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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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.

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Quote from: maxreish on February 10, 2020, 01:06:14 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/

So, what can you say about the current price of bitcoin right now?
Resistance from $10,000 level was broken and it just means another possible pump will gonna perform again. Anyway, predictions will still change. No matter how strong technical analysis they are showing, there are stil so called "sideways". From my recent view (not claiming to be pro here), there will be small dumps according to my TA in short time frames but still bull run in upcoming days.

Resistance was broken but yet bitcoins again dumped below the resistant. This might not mean us that bitcoins might again start pulling over to another resistance but the previous resistance would again get strong for bitcoins to reach. I have calculated $10400 to be new resistance and once it is broken, the price should not again come below $10,000. If ever it does than there would need some more time to reach another resistance.

But, in any situation the price is going to start having a good pump in few days. We might not exactly be able to predict the approx time needed by bitcoins to reach all time high this year.

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It seems to me that all these disturbing news and other forecasts aimed at provoking cryptocurrency users again to take certain actions in relation to certain cryptocurrencies. But I would like to note the fact that the fall of the cryptocurrency market in 2018 was triggered more by speculators after the very dense cryptocurrency advertising campaign and the possibility of making huge profits on the cryptocurrency market, the demand for cryptocurrency increased and its popularity, as a result of which many investors lost a lot of money and already two years before today, each cryptocurrency user went quite a hard way to study the cryptocurrency market and to restore their money financial opportunities so that with new strength and with great experience to begin their activities in trade or investment. Based on this, I believe that the current growth of the cryptocurrency market will be more stable and strong, compared with the growth in 2017. Of course, all these forecasts must be taken into account, but they cannot be taken as the basis for all of its activities.

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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/

So, what can you say about the current price of bitcoin right now?
Resistance from $10,000 level was broken and it just means another possible pump will gonna perform again. Anyway, predictions will still change. No matter how strong technical analysis they are showing, there are stil so called "sideways". From my recent view (not claiming to be pro here), there will be small dumps according to my TA in short time frames but still bull run in upcoming days.

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As to what I am seeing in the standing of Bitcoin in its current situation I don't see any sign of a possible dump. Bitcoin's price for me, is already in its momentum. Surely there would still be resistance for the possible increase in price but, Bitcoin would certainly reach a new high record, just like when its price is still in the $9,000 value.

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Quote from: carlfebz2 on February 09, 2020, 11:58:28 AM

You cant even tell because no matter how bullish it is, whales can really have a significant impact they do liked to affect the entire market on giving out some negative sentiment for them to buy cheap coins.

We cant even point out precisely into their presence on when they would tend to make a move.I dont believe on any analyst or expert sayings about dumps but those things are indeed inevitable
and i agree to the point that there would surely be some drama before the halving event happens.A typical stuff that can be seen each time.

people's opinions are different but we must respect it, we know this increase is an increase naturally not because of manipulation like 2017, I think this is very healthy and not bubble, try to see the increase in TF 1 day is still normal, there is a risk to go down , so you have to really observe the market

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Quote from: ?? on ??

Quote from: hirngespenst on February 08, 2020, 04:04:14 AM

You will see lots of analysts keep predicting the Bitcoin price but if the price falls then you won't find any of them. I am ignoring most of the predictions at the moment, I have a hope for Bitcoin that it can surpass 15K USD this year and then it can overcome the previous bull run history! Maybe dump will come, or maybe whales are making negativity to buy again at a low price.

before Halving Bitcoin will experience a lot of drama, I'm sure of that, because it is true that you say that whales want to buy Bitcoin at cheap prices, but if market conditions are really bullish, then whales will fail!

You cant even tell because no matter how bullish it is, whales can really have a significant impact they do liked to affect the entire market on giving out some negative sentiment for them to buy cheap coins.

We cant even point out precisely into their presence on when they would tend to make a move.I dont believe on any analyst or expert sayings about dumps but those things are indeed inevitable
and i agree to the point that there would surely be some drama before the halving event happens.A typical stuff that can be seen each time.

hirngespenst

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You will see lots of analysts keep predicting the Bitcoin price but if the price falls then you won't find any of them. I am ignoring most of the predictions at the moment, I have a hope for Bitcoin that it can surpass 15K USD this year and then it can overcome the previous bull run history! Maybe dump will come, or maybe whales are making negativity to buy again at a low price.

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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?

Bitcoin is like a roller coaster ride it can turns up and down therefore price dump is possible but with no specific time frame on when it will going happen.

This so called top analyst is not different with many other "experts" guessing the next movement of bitcoin. Its not accurate because anyone can make their own prediction and spread FUD for their own sake to take advantage the situation to buy.

Anything can happen in crypto so expect the unexpected.

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Quote from: ampere on February 07, 2020, 04:37:51 PM

I think as an investor in crypto currency, there is a need to avoid side talks or needless suggestion from supposed experts.

When i was buying bitocin as an asset, i followed my research results and am sure you did likewise.
Most analyst analysis online on the web are for mere clicks.

Dyor and do not be fudded

I still prefer to follow my own research than the opinions of other. All of us can predict, all of us can have own analysis and it is the reason why I easily not believe in other opinions. I just trust my own analysis because I'm the only one who can help myself to become successful trader in the market. In my own understanding, The OP is not about the analyst who want to warn the public about bitcoin; it is just pure speculation so we should not rely our decisions to it even if it is top analyst or influential person.

Oasisman

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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/

I guess someone else wants to have a good entry point trying to pull Bitcoin's price down a bit?
$9,000 level isn't that bad to still accumulate, though it's a bit high but thinking about the block halving event that could potentially break another ATH in a 1 year span, is still a good profit.

This prediction ain't happening this year. When you say "hard dump" that's a $3,000 level, and I dont see any obvious sign for that to happen.

ampere

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I think as an investor in crypto currency, there is a need to avoid side talks or needless suggestion from supposed experts.

When i was buying bitocin as an asset, i followed my research results and am sure you did likewise.
Most analyst analysis online on the web are for mere clicks.

Dyor and do not be fudded

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Quote from: aioc on February 07, 2020, 12:17:01 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/

There are some people who will forecast coming dump or coming pump this what makes the market very exciting because there are always opposite opinions and it's up to us what side are we taking advice, I have not found traders with 100% accurate prediction one way or the other their predictions will always go the opposite, the market is very dynamic there is no one rule.

It's hard to say that market conditions will continue to be the opposite. I know that the market is currently in good condition even the pumping in some of the top altcoins I have felt at the moment, this is just following the trend or ahead of halving so there are lots of requests so many coins are becoming more active.
I always see the predictions of the experts who in my opinion are 70-80% more accurate. Let's see if the market is really dynamic?

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Quote from: tomahawk9 on February 06, 2020, 08:51:41 AM

Quote from: sunsilk on February 06, 2020, 04:52:25 AM

I have thought of, "who's this TOP analyst" and upon clicking the article, I don't even know this nebraskangooner. I don't see the sense of this prediction, this is like a typical random internet guy giving his opinion about the next possible move of bitcoin.

The last part pretty much describes 95% of predictions from crypto news sites. The "top analyst" part in the headline is a simple way to add some sort of legitimacy and credibility (authority bias) to an article that's nothing but pure rubbish. How to write crypto articles 101 (:

Remember that the whole purpose of this article (and then majority of articles about btc predicitions on the internet) isn't to provide an accurate price prediction, the main goal is to get people to click and view the article, this generates traffic which then generates revenue to the owners of the website.

Yeah right. It's all about the traffic generation that they want to their website.

They sure know how to clickbait and gather attention to the articles that they create. Well, it's effective on their part and they made us interact with the prediction which was the content and even with the article that they have made. I don't usually visit likes that anymore but I did, LMAO.

aioc

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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/

There are some people who will forecast coming dump or coming pump this what makes the market very exciting because there are always opposite opinions and it's up to us what side are we taking advice, I have not found traders with 100% accurate prediction one way or the other their predictions will always go the opposite, the market is very dynamic there is no one rule.

STT

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All the people I respect know and tell others its always a range of probabilities. There isnt any special condition to warn about that right now. All I've seen recently is short term channel top possibly.

So a few days ago it was a possible break below here and a decent sell, didnt happen. So we're at top of this range of expectations or trend to the price and its just a movement within the tides that take months, years even.
We'll see how it reacts now but it takes quite a while to develop dangerously, a serious of extensions passed is usually when its best to be cautious. Take some profits if you just gained 50%, for sure seems sensible but I dont think we have a high for the year and I'm quite moderate in any expectations for this year.

el kaka22

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Predicting a hard dump is not really a marvelous achievement. Bitcoin went up a lot, it broke the resistance, now on the way to a higher level, if it fails that then there will be a big fall. That is literally the only explanation there is, it is 50% chance that bitcoin will either continue to go up or will have a hard dump titled either a new bear run by people or a correction.

In any case, I would assume we are still long ways done with the bull run just yet, eventually it will go down but for now we are still going up and we won't stop until we break over $10k and stay there for a while, only after that we may see a drop and I don't even think it will be a hard one, it will probably be a smaller one like a 10% dump and that is not that big in the bitcoin world.

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Quote from: bgaf on February 06, 2020, 08:10:50 AM

This is not true. What youre going to believe some random analyst creating fud where exactly the opposite is what was happening? Take a look on the current price of bitcoin and some other altcoins. It seems that it will not be the case the market now are increasing and the current level now is 9.8k and I'm seeing the breakout of the 10k level. When this happened and become stable to that level I'm smelling some early bull run to be honest. Good thing I have some hold already bought when it was on 6k level. Not bad IMO.

of course the price of market now are really growing up so we must expect posts like this.

analyst with no name?each of us can be analyst lol,but the problem is are we legit?can we really get close to our predictions?

this is same manner with this man,claiming to be expert but the truth is only want to gain traffic to his site.

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Quote from: bgaf on February 06, 2020, 08:10:50 AM

This is not true. What youre going to believe some random analyst creating fud where exactly the opposite is what was happening? Take a look on the current price of bitcoin and some other altcoins. It seems that it will not be the case the market now are increasing and the current level now is 9.8k and I'm seeing the breakout of the 10k level. When this happened and become stable to that level I'm smelling some early bull run to be honest. Good thing I have some hold already bought when it was on 6k level. Not bad IMO.

Well, it is good to hear to you had manage to bought at 6k level because most of the people are expecting Bitcoin to drop even more as halving enters however it turns out that it grows even more that is why they miss the opportunity. Learnings here is if you have seen an opportunity just grab without hesitation because no matter what level you bough whether low or high Bitcoin will still eventually grows and you will surely get your desire profit.
And one thing, don't rely on someone's else analysis but rather make your own and take a deep look in the chart and make something out of it.

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You don't really have to be a "top analyst" to know what's gonna happen after a massive spike from 9100 to 9800 (could be easily be 10k in a day or two) that didn't have any signs of correction/pullback.

Quote from: sunsilk on February 06, 2020, 04:52:25 AM

I have thought of, "who's this TOP analyst" and upon clicking the article, I don't even know this nebraskangooner. I don't see the sense of this prediction, this is like a typical random internet guy giving his opinion about the next possible move of bitcoin.

The last part pretty much describes 95% of predictions from crypto news sites. The "top analyst" part in the headline is a simple way to add some sort of legitimacy and credibility (authority bias) to an article that's nothing but pure rubbish. How to write crypto articles 101 (:

Remember that the whole purpose of this article (and then majority of articles about btc predicitions on the internet) isn't to provide an accurate price prediction, the main goal is to get people to click and view the article, this generates traffic which then generates revenue to the owners of the website.

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This is not true. What youre going to believe some random analyst creating fud where exactly the opposite is what was happening? Take a look on the current price of bitcoin and some other altcoins. It seems that it will not be the case the market now are increasing and the current level now is 9.8k and I'm seeing the breakout of the 10k level. When this happened and become stable to that level I'm smelling some early bull run to be honest. Good thing I have some hold already bought when it was on 6k level. Not bad IMO.

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

~

Even the most expert analysts out there can't predict what can happen to Bitcoin so do you think that many will believe on that prediction?
Fuck those analysts. I don't believe in their prediction. I just believe in my own prediction.
If their prediction will happen, they will be noisy on different social media platforms. If their prediction fail, they will remain silent for a long time and will make a prediction again after some time.

samcrypto

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A hard dump after a hard pump maybe but not on a moment like this since we just pump into this price level. If the analyst saw this trend then so be it, but hoping that the whales are not into it again and not manipulating the market again. The speculation is normal after the pump, it will correct but I don’t think that it will be big, the uptrend will continue if we go beyond $10k.

Slow death

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I love this crypto world very much because every day I have a lot of fun. I have a question:

How many analysts appeared before March 2017 when the price was less than $1000?

I didn't hear any analyst making constant price predictions. Leaving this aside

The analyst said if broke $8900 will have big dump, just to make it more fun:

Here Are 7 Reasons Why Bitcoin Could Explode Past $10,000

exstasie

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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.

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

Traders are quite bearish these days. Everybody is shorting or calling the top:
https://bitcointalksearch.org/topic/turning-0005-btc-to-1-btc-trading-journal-currently-268-in-profit-5222343
https://bitcointalksearch.org/topic/m.53776859
https://bitcointalksearch.org/topic/m.53780175

Even I'm anticipating some sideways (if not a deeper pullback into the $8,000s) before we finally bust through $10K with authority.

As a contrarian, all this bearish sentiment is making me second guess that assessment. When everyone is bearish, we usually go up. Cheesy

sunsilk

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I have thought of, "who's this TOP analyst" and upon clicking the article, I don't even know this nebraskangooner. I don't see the sense of this prediction, this is like a typical random internet guy giving his opinion about the next possible move of bitcoin.

Everyone has that thought of "if bitcoin goes below $9,000 or $8,000 then it might break the support and will drop more, etc.".

Kemarit

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I'm not seeing any hard dump, on the contrary Bitcoin and the rest of the crypto had one of it's successful runs this 2020. BTC above $9600 and Ethereum breaking $200 price after a long time.

That's the problem with crypto related media sites, they will just post random arbitrary numbers from this so called expert and try to make a big fuss out of it. The good thing is that crypto enthusiast now are not easily falling or listening from this "experts" anymore. Others might have learn to make their own analysis or completely shun away from this media personalities.

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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/

I dont really buy in for those people who are so called top analyst or something.Even an ordinary trader can claim that there might be a possible dump.

Of course, each movement would have corresponding negative insights and we know that this market is very unpredictable, it would either go pump further
or would really have correction.

In case if theres really a dump then better ready your stashes to accumulate while its cheap.

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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/

I am wandering how some of are made to be referred to as top crypto currency analyst because most their acclaimed speculation are not coming to fulfillment and people still regards them as top crypto currency analyst. I believe that they are just trying to great fud in other to make people to be afraid and start selling/ dumping for them to buy at the cheaper rate.

hugeblack

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Make your own decision and away from all the influences that may change your motivations to invest, as many of these analyzes are either paid or they carry exciting news in order to get more clicks "profits."

The analysis regarding the price collapse is mainly due to the fact that the price will be reversed due to the continuous rises, and that a collapse may occur before havling, "an attempt to buy at a low price before the rise."

magneto

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If resistance at that 10k level is high enough, then yes, it's entirely possible to have a sizable correction before the bullish sentiment continues.

But overall, I don't see much of a prospect for that given the fact that the wider markets are expecting a bull run and as a result, sentiment is very bullish and can even be somewhat of a self fulfilling prophecy.

Don't always blindly believe what 'top analysts' say. They can be swayed by opinion and sentiment the same way that we do, and even worse, they may have an underlying agenda to push.

kryptqnick

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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/

Well, it's the first time I hear about this "top analyst". If he made one good prediction before, it does not mean he'll be right again. I think websites like Newsbtc should stop publishing such FUD because while a trader's words don't mean anything, this prophecy can easily become self-fulfilling if people start panicking after reading such speculations. In any case, Bitcoin dropping to $8k or something would not be that bad IMO. I mean, we've seen it there for a while, we can get past it again. Nevertheless, I choose to hope that this does not happen because it would mean Bitcoin has to wait even longer till recovery.

eaLiTy

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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

If you are following the news then you will understand why the analyst came up with the verdict, the US government is auctioning off 4000BTCitcoin which is worth more than $37 million on February 18 and if that happens then we might see a hard dump in the market and considering the date is public many people might sell off their coins thinking to get back in when the market goes down and if that happens then the market could go down.

The Sceptical Chymist

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

Are the whales making a twist again?

I'm not sure what you mean by that, but I don't think it's necessarily whales that were responsible for bitcoin's recent rise, and if it falls a couple thousand dollars I wouldn't blame it on whales. They're always an easy scapegoat, like the boogeyman. Anonymous and mysterious.

Quote from: dothebeats on February 05, 2020, 10:58:42 AM

Anyone can be a "top analyst" on the interwebs without even proving their credentials.

And since there's really no fundamental analysis going on with bitcoin, those analysts are just watching charts and seeing patterns that might not be patterns--and they're trying to predict future prices from past ones, which amounts to lunacy in my mind.

It's also not that hard of a prediction to make to say that bitcoin might drop after it's risen substantially. That's happened so many times in the past that it's not worth the breath it takes to mouth the words of the prediction. It's a derp prediction.

hotmom

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Analysts are people who just assume, but don't know for sure.

dothebeats

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Anyone can be a "top analyst" on the interwebs without even proving their credentials. I don't even need to submit my history of trading on the internet and just release a couple of strong statements, coupled with a few fair of graphs and cross-referencing some other analysts and people will consider me a top analyst. These same lads have been prophesying a hard dump for a long time, and though on some occasions they got it right, their wrong guesses obviously outweighed their wrong predictions.

These kind of articles will never end, for sure.

YuginKadoya

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Clearly giving up FUD will not surely help what we have now, and many are surely believing it taking the faith on Bitcoin away, And my point towards this is correction really happen and we can not stop it but if this dip could happen the floor could be at the $7000 USD mark it is still large enough to sustain your needs surely I prefer the long term holding and waiting patiently for another all-time high will surely pay off.

avikz

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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/

If you want to succeed in the crypto market, you need to firstly come out of the influence of such self-proclaimed top analysts. It was always a common incident whenever btc grows to a certain level. This is how whales and traders survive the market by riding the wave.

Personally I don't see a hard dump right at this moment because we are just 100 days away from the next halving. Dumping at this moment can be proved disastrous for the traders. But we really don't know the future. So don't panic about it!

bitmover

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Just ignore those top analysts
Even in traditional stock market top analysts know bullshit. Nobody can really predict the future. What if this Corona virus gets worse, bitcoin may get another pump again.

Everyday something really unexpected may happen that could affect bitcoin price. Those analysis means nothing.

mk4

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Quote from: BrewMaster on February 05, 2020, 09:50:14 AM

the fact that news sites report them like this only shows that they have ran out of stuff to post and get traffic so they succumb to posting nonsense.

Welp, unfortunately it's safe to assume that those articles are what gets the clicks. I presume that these sort of nonsense price topics are what people share the most on social media, and, well, here. People sure do love speculating.

NeuroticFish

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The article is clearer that this click bait topic.
It tells:

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

he did warn of Bitcoin “dumping hard” if it breaks below the $8,900 level and closes beneath it on a daily basis.

Although it's not a great "margin", knowing that 5-8% fluctuations can easily happen, we are still 500$ far from that point and we seem to go upwards.
Of course, I don't deny that it will fall / adjust sooner or later.

rodskee

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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/

what will you expect?this is normal everytime Bitcoin goes up,there are some analyst says we will be dumping hardly upto $3,000 level before Halving,but also there are bullish that we may reach high before halving and will continue growing the whole year.

now tell me ,whom we will need to trust?the bullish or the bearish?for me?i will trust my faith and my instinct because all of these so called 'Analyst" has nothing to give us but pressure both Bull or Bear.

BrewMaster

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There is trouble abrewing

random vocal people on the internet are not considered "top analysts". the fact that news sites report them like this only shows that they have ran out of stuff to post and get traffic so they succumb to posting nonsense.

ps. as always if they were truly experts they wouldn't have wasted their time posting their guesses all over the place.

mahilchii

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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/

Topic: Top analyst warns a hard dump. (Read 874 times)