Bitcoin can float sideways almost indefinitely is what I've learnt previously, its not that beneficial to predict the demise of something in such rude health. A normal correction only strengthens the case for further movement upwards after it has been resolved, most sells this year have sequentially resolved upwards.
I've been watching this line today at 57.5k, stronger volume on a move upwards and then we've held the price sideways. The point to watch is the fast 12hr average catching up to price and then what occurs at that price, clearly speculators will evaporate if left out doing nothing for too long so to some extent decay and a cycle in price is natural hence moving averages are quite relevant on various time frames.
Topic: Upcoming Market Prediction (Market heading for a great downfall) (Read 308 times)
March 29, 2021, 01:30:59 PM
I agree with that but I also think it has a lot of growth to have as a store of value or like another currency. So I do think that this rally will have its end but we can't stop here. And we are going to continue to see bitcoin break all records.
Bitcoin has already broken all previous records. Bitcoin is now in the race to set more new records in the coming days. Big companies are now attracted to Bitcoin and they are investing in different ways. And they are storing their bitcoins.
This means that they are setting long-term plans in advance. It still seems to me that the real bull market of Bitcoin has not started yet, in the coming days we may see a bigger kind of price growth.
March 29, 2021, 01:11:50 PM
I do believe that it will end sometime, it will be slower and more gradual in increases in the future, and it will have some downs time to time, but I believe in the near future we will have one more rally, maybe this year, maybe in 3 years who knows when but there will be one more.
I agree with that but I also think it has a lot of growth to have as a store of value or like another currency. So I do think that this rally will have its end but we can't stop here. And we are going to continue to see bitcoin break all records.
March 29, 2021, 12:59:48 PM
I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.
There's no such thing as forever rally and forever to infinity for sure. Once Bitcoin reaches real mainstream adoption then the explosive moon rallies will be a thing of the past. In fact many people are saying this is potentially the last huge rally we will ever see and every new cycle after this will be more like gold and oil getting new ATHs. What do you think?It means if we reach gold market cap that would be like 500k per bitcoin, and that means at least one more huge rally for bitcoin to happen. I do believe that it will end sometime, it will be slower and more gradual in increases in the future, and it will have some downs time to time, but I believe in the near future we will have one more rally, maybe this year, maybe in 3 years who knows when but there will be one more.
March 29, 2021, 07:12:18 AM
In fact many people are saying this is potentially the last huge rally we will ever see and every new cycle after this will be more like gold and oil getting new ATHs. What do you think?
It's always the last rally... until the second one comes, even bigger and stronger than the last one.
March 29, 2021, 04:45:46 AM
I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.
There's no such thing as forever rally and forever to infinity for sure. Once Bitcoin reaches real mainstream adoption then the explosive moon rallies will be a thing of the past. In fact many people are saying this is potentially the last huge rally we will ever see and every new cycle after this will be more like gold and oil getting new ATHs. What do you think?
March 28, 2021, 07:48:07 PM
believe what you think is right according to your analysis , But we have different opinion and why Need to Look at 2020 ? when the trend has two sides?
In early quarter the market Bleed so hard but in the 4th quarter the recovery happens and before it ends ? the ATH of many currencies has recorded.
and continues in the starting of 2021 , so for me scenario is far different and things will happen never be the same.
In early quarter the market Bleed so hard but in the 4th quarter the recovery happens and before it ends ? the ATH of many currencies has recorded.
and continues in the starting of 2021 , so for me scenario is far different and things will happen never be the same.
March 28, 2021, 06:51:41 PM
I think Bitcoin is a game changer. It has been a great investment since inception.
Of course, this is the first time that we have seen this kind, we all call them cryptocurrency, although the idea is that the first, but Bitcoin definitely become the prime mover and the most successful of them all.
The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.
Volatility is one of it's best 'assets', why? because with it's unstable price, people are trading and making money out of it. So definitely, we won't see the price continue to rise, at some point it had to fall. Whether that fall will become the bearish phase, or will it just be a correction, we really don't know. And with that, it's either we invest more or sell it off, and that's the beauty of it.
March 28, 2021, 06:29:37 PM
That's the sad part about bitcoin. It was always a great decision to buy bitcoin, ever since it was created, but I was both too late to buy too early, but I did reached when it was only one hundred dollars and even with that knowledge I didn't buy, because I didn't think it would be 50k+ dollars, that is more profit than I could ever imagine. Hell let that alone, I had about 10 bitcoins when it crashed in 2018, if I kept them all I would have been 500k+ dollar richer right now, that is more than enough for me to be super happy about it. But I didn't, why?
Everyone who invested in the market knew that the price would rally but i never had any expectations that the price would rally to $50k by 2021 and still i was holding a decent amount of coins and i cashed out majority of my coins during the last rally and i did invest in the hype projects and burned a lot of money and looking back at it now i could have held on to the coins rather than investing in anything else but it is what it is and i have learned to move on. 
March 28, 2021, 10:49:44 AM
I think Bitcoin is a game changer. It has been a great investment since inception.
The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.
That's the sad part about bitcoin. It was always a great decision to buy bitcoin, ever since it was created, but I was both too late to buy too early, but I did reached when it was only one hundred dollars and even with that knowledge I didn't buy, because I didn't think it would be 50k+ dollars, that is more profit than I could ever imagine. Hell let that alone, I had about 10 bitcoins when it crashed in 2018, if I kept them all I would have been 500k+ dollar richer right now, that is more than enough for me to be super happy about it. But I didn't, why? The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.
Because, I needed money for personal stuff and instead of working I realized I could stay at home and freelance and used that money for house needs, not a bad reason to spend your bitcoin because we all need to eat, but I could have looked for a job and get employed and could kept my bitcoins as well.
March 28, 2021, 06:37:23 AM
I think Bitcoin is a game changer. It has been a great investment since inception.
The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.
The future value of Bitcoin will be higher than its present value, but it is highly speculative and volatile. The best place for you to invest is to buy when there is news that makes Bitcoin rise in value dramatically, and sell when you buy more than you need for later investments.
March 28, 2021, 06:30:22 AM
After having any bullish market, the market correction is innevitable which called the bear market. Of course we got some serious uptrends from mid-2020 to date in 2021. We all know the bear market will come sooner or later but the question remain the same, WHEN??? The answer is no one knows... forget the market predictions, many of them are not true because the cryptocurrency market is unpredictable.
March 27, 2021, 11:22:10 PM
Prominent stocks going down as much as 92% ? Are you serious? Even on pandemic period when everything crashed the price wasn't that low, even when there was a 2008 crisis things didn't went down that much. Hell a 40% drop means nearly bankruptcy for stocks. This is for sure a bad guess and it is not going to happen. Bitcoin will not change that much and stocks will not change that much, both of them will be as good as it gets.
I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.
I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.
March 27, 2021, 06:56:39 AM
The price of bitcoin had reduced to 53k$ from the any time high of 60k$.So it may be reduced further.But can't rise to 60k$ again in a short period.It's better to hold your bitcoin at the moment. Because if the price reduced further, you can't handle to sell it.When the price is reduced don't forget to buy bitcoin at various less price.
The price is up and down this week from $53k-$55k and then back to the lower price again.I am sure the price will rise to $60k in the long term, but we should enjoy this ride and try to make a profit if we can.
I prefer to use this moment to buy and sell because I see the price gap is good to take profit, although the profit itself is not too big, but that is worth doing.
But you can still hold your bitcoin and enjoy the moment and hopefully, the price can back to up to $57k in the next month.
March 27, 2021, 06:36:19 AM
Sooner or later we have to witness the bloodbath. People are too confident in bitcoin and new investors keep coming and blindly input their money into the market. A huge drop enormously reshapes the emotion of investors which replaced confidence and greedy with fear and hopelessness.
Though, IMO, the bitcoin uptrend is still good enough to be maintained to at least next month.
As a crypto enthusiast, no matter how significant the drop can be, I will still believe in the future of blockchain and bitcoin. Surely they will change the world to new alteration. Many companies are integrating blockchain into their protocol and operation. Stock exchanges try to list bitcoin, ethereum, and other prominent cryptos on their market so as to have more profit. Banks of course are the most affected by the new change and if they do not make a move, their centralized system definitely is put in threats. Therefore, try to save some of your money for bitcoin but remember to buy on the dip, not buy on peak
Though, IMO, the bitcoin uptrend is still good enough to be maintained to at least next month.
As a crypto enthusiast, no matter how significant the drop can be, I will still believe in the future of blockchain and bitcoin. Surely they will change the world to new alteration. Many companies are integrating blockchain into their protocol and operation. Stock exchanges try to list bitcoin, ethereum, and other prominent cryptos on their market so as to have more profit. Banks of course are the most affected by the new change and if they do not make a move, their centralized system definitely is put in threats. Therefore, try to save some of your money for bitcoin but remember to buy on the dip, not buy on peak
March 27, 2021, 05:13:35 AM
Thanks for your advice, but I'm sure that majority are all aware of
- Bitcoin can't go on parabolic rise
That is already a given fact, like in the first 3 months alone, we have seen it like fall in the mid 20% or more. So investors are really very careful, the best part is, with this every drop, your can invest, (just what you can afford to lose), and then wait for the bounce, rinse and repeat. However, I'm not expecting a imminent crash, just minor dip.
- Bitcoin can't go on parabolic rise
That is already a given fact, like in the first 3 months alone, we have seen it like fall in the mid 20% or more. So investors are really very careful, the best part is, with this every drop, your can invest, (just what you can afford to lose), and then wait for the bounce, rinse and repeat. However, I'm not expecting a imminent crash, just minor dip.
March 27, 2021, 03:27:00 AM
many other rising stocks in the market is going to face a downtrend enormously. Some of the prominent stocks are going to fall by more than 92%.
This is a bitcoin forum and you are in the bitcoin speculation board not stock prediction board!Not to mention that stock market movements has very little to no effect on bitcoin.
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I believe that the market cannot go on continuously upward forever but it is bound to fall.
Nothing will go up forever but it will continue to grow as long as the adoption is growing and the adoption IS growing for bitcoin. 
March 27, 2021, 01:55:33 AM
Wait, so you're saying the overconfidence is warranted and they're actually right?
Also, you're more likely to have more followers and people agreeing, if you didn't actually advise to hold most of your investment in dollars. Even the people issuing the dollar know it's in for a long and painful period of inflation, and we all know what happens to its value when that happens. It's already happening as it is.
Also, you're more likely to have more followers and people agreeing, if you didn't actually advise to hold most of your investment in dollars. Even the people issuing the dollar know it's in for a long and painful period of inflation, and we all know what happens to its value when that happens. It's already happening as it is.
March 26, 2021, 11:00:18 PM
Great Downfall?? with what you are saying, it looks like the market isn't experiencing big downfalls into the past to the point that you used the word "great" with it.
Downfalls are always happening with any market. It is only a matter of when it will happen. I don't want to spoil anybody but what I just want to say right now is just be aware in your crypto holdings. I know that the indicators are all bullish. The news are all bullish and all of the investors are bullish. What I'm trying to say is that there is a possibility that the $60,000 price "might" be the highest price Bitcoin can touch with this bull market unless there are some good news that are upcoming.
This bull run will end this year. Don't bash me its just what I'm feeling
. I know that all of us are bullish but its also good to take some profits while in a bull run .
I do not really think that downfall would happen ever again. We could have some corrections or even a small crash, but I do not see 20k will be broken again, it will always stay above 20k, and I get that some people who bought from 60k would be very sad about what is going on right now, but that doesn't mean that it should be troublesome like right now, it will keep going up just the way it is for a long time.Downfalls are always happening with any market. It is only a matter of when it will happen. I don't want to spoil anybody but what I just want to say right now is just be aware in your crypto holdings. I know that the indicators are all bullish. The news are all bullish and all of the investors are bullish. What I'm trying to say is that there is a possibility that the $60,000 price "might" be the highest price Bitcoin can touch with this bull market unless there are some good news that are upcoming.
This bull run will end this year. Don't bash me its just what I'm feeling
. I know that all of us are bullish but its also good to take some profits while in a bull run .Do not listen to people who keep calling for a crash, they want it, hell some need it, because that is how they see the market, but that is not going to happen, rest assured that we are going to end up with a better price even on top of this. ATH will be broken again, and 100k will eventually come, it may take the whole year, it may have some ups and downs but it will reach there. That is what I think will happen in the near future of one year.
March 26, 2021, 01:27:57 PM
Indeed, this is the nature of the market. Sometimes we see an upward movement for a period of time, and then a downward path comes.
And I also think that we will not witness a sharp volatility in this bullish phase. Due to the great interest paid by major international companies to adopt Bitcoin!
Perhaps the next decade will witness actual use of crypto!!
And I also think that we will not witness a sharp volatility in this bullish phase. Due to the great interest paid by major international companies to adopt Bitcoin!
Perhaps the next decade will witness actual use of crypto!!
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