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Topic: What is your take on the pump coming? - page 8. (Read 1344 times)

hero member
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April 16, 2023, 08:46:30 AM
#46
I see people getting very excited and thinking about a market that keeps going up.
Supposedly so that it is true for some time in the next time related to what they think so that motivation is increasing to continue with Bitcoin.

I'm not saying the market won't go up anymore, but don't people think there will be a scenario where bitcoin will correct instead of continuing to rise? Because there is no market that just goes up without falling. Instead of expecting bitcoin to move higher,
For people who are very experienced in the market world or people who are used to up and down graphics, the second plan has been thought of when the situation is reversed from now.

I will start carefully and prepare a plan for the market's bearish scenario. We're not out of bear season yet, so we shouldn't get so excited that we forget to take precautions.
And in my opinion think this needs to be considered even though we hope that the positive trend can continue.
sr. member
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April 16, 2023, 07:28:15 AM
#45
there is potential for a pump, but for now, I'd rather expect price recovery to approach ATH first. that's because, when the pump occurs, the bitcoin price may get very close to the ATH price or even cross it. many people are speculating that the halving is what will drive the next pump. This is speculated based on the history of pumps that occurred in previous years. I think people are also starting to prepare their assets to wait for the upcoming pump.
Usually the bitcoin price was also pumped up before the halving. But it was not a complete bull run. In 2019, for example, the price reached half of the 2017 ATH. Accordingly, history could repeat itself in 2023. If that happens, 35K would probably be the peak this season. That is, if this theory is correct, there is not much left to grow.
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April 16, 2023, 06:48:52 AM
#44
You should keep buying again at the current price because we don't know when the price will pump up. Right now, the price is still in a corrected position but we can hope that tomorrow the price will start to change direction and increase again.

The pump for the bitcoin price will come again and whether it will immediately make the price jump to a high or keep rising slowly. We are already seeing bitcoin price getting back to $30k and it is only a matter of time to see it getting back to $60k.
hero member
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April 16, 2023, 04:28:45 AM
#43
Historically, Bitcoin price data for April has shown very good growth. In fact, some analysis starting from April 1, the BTC price starts at $ 28.5K and enters April 3. Well, on April 4th Bitcoin started at a price of $27.8K. Since then, Bitcoin has grown 3.5% and has been on fire to reach the $30K mark.

Actually I noticed at the end of March, the long-legged doji candle pattern is very likely to be able to penetrate the price of $30K and as a result the second week of April Bitcoin is able to pass $30K and reach $31K even if only briefly.

And yes, as you said, many people are looking for loopholes for the long term rather than the short term.
There is also an analysis of the market having a +$4k price target from $28k so there are lots expecting that the Bitcoin market price will hit $32k in the coming week.  I would love to see Bitcoin hitting targets and if it continues $40k is just some weeks ahead.
The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.

I see people getting very excited and thinking about a market that keeps going up. I'm not saying the market won't go up anymore, but don't people think there will be a scenario where bitcoin will correct instead of continuing to rise? Because there is no market that just goes up without falling. Instead of expecting bitcoin to move higher, I will start carefully and prepare a plan for the market's bearish scenario. We're not out of bear season yet, so we shouldn't get so excited that we forget to take precautions.
hero member
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April 16, 2023, 03:50:38 AM
#42
The current Bitcoin price uptrend is not a pump, it is a normal market movement and is possibly affected by the current bank system failures and issues.  If there is 100% to 200% increase in Bitcoin price, then that is what I considered a pump.
Really. I won't argue if you say the current condition is not a pump but a normal movement driven by several factors.
But the current conditions illustrate that the bears expect the current price to go back down even though support for the bulls continues to strengthen.
Anyway, let's enjoy the ride and we'll see who has a stronger hand in this tug of war between the bears and the bulls.

Historically, Bitcoin price data for April has shown very good growth. In fact, some analysis starting from April 1, the BTC price starts at $ 28.5K and enters April 3. Well, on April 4th Bitcoin started at a price of $27.8K. Since then, Bitcoin has grown 3.5% and has been on fire to reach the $30K mark.

Actually I noticed at the end of March, the long-legged doji candle pattern is very likely to be able to penetrate the price of $30K and as a result the second week of April Bitcoin is able to pass $30K and reach $31K even if only briefly.

And yes, as you said, many people are looking for loopholes for the long term rather than the short term.
There is also an analysis of the market having a +$4k price target from $28k so there are lots expecting that the Bitcoin market price will hit $32k in the coming week.  I would love to see Bitcoin hitting targets and if it continues $40k is just some weeks ahead.
The target for the price of $40K, maybe most analysts think it can still be met with their analysis. But I'm more for $35K although I'm quite happy if at the end of the month I get $40K.
hero member
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April 16, 2023, 12:53:05 AM
#41
I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

Every cryptocurrency person is expected for Bitcoin to bump more than the place it's right now, since the existence of Bitcoin we all know the technology that it's something that is not dependable by anyone, so it's not surprising that Bitcoin has kicked off to the next level, people that will actually be profitable or benefits this change of ground of Bitcoin in price or condition is people who have the courage to ensure that have been invest during the time Bitcoin falls to fifteen thousand (15k) and still kept it till dates, and another thing is that the more Bitcoin is getting more values in the market the more investors are coming in, i believe that with this kind of improvement in Bitcoin regulations or movement in 2023 i believe that it will reach to 50k this year and 2024 will now take over from where 2023 stopped, so I'm having the mindset that in 2024 they will be a bullish market flowing.
legendary
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April 16, 2023, 12:39:51 AM
#40
there is potential for a pump, but for now, I'd rather expect price recovery to approach ATH first. that's because, when the pump occurs, the bitcoin price may get very close to the ATH price or even cross it. many people are speculating that the halving is what will drive the next pump. This is speculated based on the history of pumps that occurred in previous years. I think people are also starting to prepare their assets to wait for the upcoming pump.
legendary
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April 15, 2023, 11:56:34 PM
#39
We are seeing similar activity with the stock markets. Basically we pumped in January and seems with all this news we might go higher. Basically we know we will get one more hike and then most likely a pause. The bank situation created a huge scare but seems to be contained now.

So if we do get the soft landing then crypto and stocks should slowly climb. We don’t want a nasty recession and crash, that won’t be good for markets at all.
legendary
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April 15, 2023, 06:27:55 PM
#38
The current Bitcoin price uptrend is not a pump, it is a normal market movement and is possibly affected by the current bank system failures and issues.  If there is 100% to 200% increase in Bitcoin price, then that is what I considered a pump.

If you previously owned Bitcoin with a purchase price of under $30K, then get ready to get big profits.
Not bad advise imo  Wink

Even those taking profits from sub $20K prices - which is an impressive +50% gain within 1-4 months (depending on when you bought) - isn't slowing down price. I do therefore get the impression that most people who bought below $30K were looking long-term rather than short-term. Or at minimum, most of these buyers aren't willing to sell unless it looks like price is turning around, which isn't the case so far.
Historically, Bitcoin price data for April has shown very good growth. In fact, some analysis starting from April 1, the BTC price starts at $ 28.5K and enters April 3. Well, on April 4th Bitcoin started at a price of $27.8K. Since then, Bitcoin has grown 3.5% and has been on fire to reach the $30K mark.

Actually I noticed at the end of March, the long-legged doji candle pattern is very likely to be able to penetrate the price of $30K and as a result the second week of April Bitcoin is able to pass $30K and reach $31K even if only briefly.

And yes, as you said, many people are looking for loopholes for the long term rather than the short term.

There is also an analysis of the market having a +$4k price target from $28k so there are lots expecting that the Bitcoin market price will hit $32k in the coming week.  I would love to see Bitcoin hitting targets and if it continues $40k is just some weeks ahead.
sr. member
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April 15, 2023, 10:43:04 AM
#37
Pump Market of course we are very much awaited, even though I only have bitcoin with a current value of around $ 1200 but when the pump market will make me able to sell and of course to replace a new gadget, if the market is not pump then it will dump and of course it will be more difficult and it takes a long time and it takes a long time and it takes a long time to get up again.
sr. member
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April 15, 2023, 10:29:53 AM
#36
~snip
I absolutely agree with your opinion that OP is overly optimistic. This is fine. People saw some growth in the price and immediately take it as the start of a bullrun. They want to see the embodiment of their expectations, but the reality may be harsher. Such bitcoin's price changes, both upward and downward, are nothing but volatility. A common occurrence, at the sight of which one should not shout that now we will see a price of $60k(or higher). Of course, we will see a bullrun, but not in the near future. It's too early for that and I don't see the precondition to come. I believe these are illusions.
I also have a high expectation for OP, actually it os one of my coin that I put a lot of allocation on it. Op is currently approaching to its current ATH at 3.23 and I believed that we will see a massive pump once the price breaks in this current level. I am aso lloking at SSV because it is currently in its support level and it also approaching its ATH, so my plan is to get positions in SSV and hold it for a long time. GMX and ARB is also good so those coins will have a big pump in this following days or weeks. Whenever I pick a specific asset, I'm always looking to its trend and also patter, those crypto that I mention are the crypto who are approaching all time high. So why I prefer to trade crypto that are approaching its all time high? It is because of this is where the big pump usually kick in, the investors especially the whales are always looking for the trending crypto so if a certain coin beat its ATH then it only means that we will se a price surge after that. FET is also good and also AGIX. This coins will give you high return for this year so better get as much as positions as you can get today.
hero member
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April 15, 2023, 09:15:02 AM
#35
If you previously owned Bitcoin with a purchase price of under $30K, then get ready to get big profits.
Not bad advise imo  Wink

Even those taking profits from sub $20K prices - which is an impressive +50% gain within 1-4 months (depending on when you bought) - isn't slowing down price. I do therefore get the impression that most people who bought below $30K were looking long-term rather than short-term. Or at minimum, most of these buyers aren't willing to sell unless it looks like price is turning around, which isn't the case so far.
Historically, Bitcoin price data for April has shown very good growth. In fact, some analysis starting from April 1, the BTC price starts at $ 28.5K and enters April 3. Well, on April 4th Bitcoin started at a price of $27.8K. Since then, Bitcoin has grown 3.5% and has been on fire to reach the $30K mark.

Actually I noticed at the end of March, the long-legged doji candle pattern is very likely to be able to penetrate the price of $30K and as a result the second week of April Bitcoin is able to pass $30K and reach $31K even if only briefly.

And yes, as you said, many people are looking for loopholes for the long term rather than the short term.
legendary
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April 15, 2023, 08:06:47 AM
#34
But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
The Bitcoin price is about to get pumped up and is on its way to bullish levels after experiencing a long resistance this year.

All that is left is for more volume to enter the market for a move to higher levels. Bears are failing to turn $30K into resistance, especially over the weekend where there is naturally less volume and therefore much easier opportunity to manipulate the market in one direction or another. It seems that many bears are waiting to short around $32K, but this may well end up being a breakout level instead.

Many still think it's up to the bulls to push price higher, but given the current bull trend, it's actually up to the bears to show resistance to push prices lower - otherwise price will continue to drift to the upside.

If you previously owned Bitcoin with a purchase price of under $30K, then get ready to get big profits.

Not bad advise imo  Wink

Even those taking profits from sub $20K prices - which is an impressive +50% gain within 1-4 months (depending on when you bought) - isn't slowing down price. I do therefore get the impression that most people who bought below $30K were looking long-term rather than short-term. Or at minimum, most of these buyers aren't willing to sell unless it looks like price is turning around, which isn't the case so far.
hero member
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April 15, 2023, 07:43:41 AM
#33
Bitcoin is always have two side people who love it and people who hate it, pretty much like anything else. But according to the past history we are see that this is valuable. the other project seems popping off and try to fix some real world problems but it is still early. but government seems notice the grow of crypto industry Regulation is all over the place and some Gov try to adapt with blokchain tech to use it on CBDC.

just Do your own research first but in my opinion the pump is coming
Well, people hate Bitcoin when it drops but love it most when pumps are coming. They are also volatile in mind and hard to understand. In fact, when the market turns down people are then started talking negatively but it recovers, you can really see them being very optimistic.
If the current momentum will at least stay for a few months, we could say the bull run is coming near but I don't have to believe that, correction can still be happening. I'd never heard yet an information that brought the market into the current situation and so I think, it is normal.
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April 15, 2023, 07:27:37 AM
#32
I sense that very soon the pump will start to shame all those folks who feel btc is failed project.
Before Bitcoin reaches that price, then buying when the current price is a good plan so we can say to those who think the Bitcoin project failed is a wrong assumption.

But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
The Bitcoin price is about to get pumped up and is on its way to bullish levels after experiencing a long resistance this year.
If you previously owned Bitcoin with a purchase price of under $30K, then get ready to get big profits.
sr. member
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April 15, 2023, 05:04:45 AM
#31
Seeing the current market situation certainly makes us have to be optimistic that the market will rise, this week the price has gone up more than 8% and makes the price is in $ 30k, according to the prediction of many experts who believe that when the price of $ 30k is reached it will happen a lot explosion.
copper member
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April 15, 2023, 03:09:17 AM
#30
Bitcoin is always have two side people who love it and people who hate it, pretty much like anything else. But according to the past history we are see that this is valuable. the other project seems popping off and try to fix some real world problems but it is still early. but government seems notice the grow of crypto industry Regulation is all over the place and some Gov try to adapt with blokchain tech to use it on CBDC.

just Do your own research first but in my opinion the pump is coming
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April 15, 2023, 01:52:30 AM
#29

I sense that very soon the pump will start to shame all those folks who feel btc is failed project.
Bitcoin has not been a failed project in the past, and it is unlikely to be in future. The fact that volatility of Bitcoin can drop its price 80% from its all time is simply its inherent characteristic of this valuable asset which experienced investors have come to accept it as norms. It crucial to believe in its potential to always benefit those who accumulate it during downtrend and wait for return of bull market.

It seems that current market trend is just a beginning of bull run which is expected to bring forth lot more opportunities in coming weeks and months, to make good gains.

legendary
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April 15, 2023, 12:43:31 AM
#28
I sense that very soon the pump will start to shame all those folks who feel btc is failed project.
After what happened with Bitcoin in the past 2-3 years, who do you think are those people who are saying that Bitcoin is still a failed project?
Do you think that there are still some? Aside from some businessmen who are looking negatively still with Bitcoin, I don't think that there are still people who sees Bitcoin as a failed project TBH.

If there are, kindly say their names please. Smiley

We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.
We are all expecting it. The only question is "When it will happen?" because many believe that it will happen.
Well, throughout the years, Bitcoin's price is going higher and higher, so we can say that it's doing better than ever. Invest wisely you said? I hope that those newbies, and ignorant investors will ever know how to invest wisely. Cheesy

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
My take on the pump of Bitcoin's price? Ahh... none I guess.

I mean I'm happy whenever Bitcoin's price pump... back when I was a newbie, but I've seen it happen numerous times already, and it already came to the point where pumps are just a normal thing that's happening every time. For sure, many are happy to see Bitcoin back at $30,000 again especially for those who bought below $20,000 because they're now in profit, but for me. I don't feel anything at all. Maybe I will only feel happiness on Bitcoin when it's price reaches $100,000. Cheesy
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April 14, 2023, 10:38:08 PM
#27
I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.


The market has already experienced pump and current week proved to be very bullish when Bitcoin broke psychological barrier of $30,000 and today it is trading around $30,400. indicating a positive sentiment and funds flowing into  crypto market. This reflected in the healthy increase in marketcap to 1.27 trillion which signifies huge interest of market participants. The next major resistance is around $31,500, hopefully market will surpass it in coming weeks.
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