When Is Crypto Black Day? - page 2. | Bitcointalksearch.org

Febo

legendary

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Quote from: ZellOllah on April 21, 2021, 08:36:34 AM

As you you, no market can be bullish or bearish permanent. so when is the Crypto black day?

I am not really sure what are you asking. If you are asking of trends. There are long term, medium term and short term trends. If you are smart forget about short and medium term trends. Care about long term trends. Bitcoin have a cycle, that that last same as one halving so about 4 years.

Halving were so far:
28 November 2012
9 July 2016
11 May 2020
Expected 2024

So we are now in 3rd cycle or 4th if you count first one from beginning to Nov 2012. In each cycle you have Bull market, bear market and stability. Cycle start with bull market that last for about a year, followed by bear market that also last for about a year and is followed by stability that last fro about 2 years. This times can vary a lot, but is not really important if they come half year latter or earlier. Important is that they do happen.

Right now we are in bull market, that should end in about half year time. Then bar market will start. But as I said, there are also medium term and short term trends. Being in long term bull market dont mean price will go up up and up. If that would be a case it could last only a month and done.

Dave1

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Quote from: ZellOllah on April 21, 2021, 08:36:34 AM

Hi

As you you, no market can be bullish or bearish permanent. so when is the Crypto black day? Plz explain with reasons.

No one has the crystal ball here to really see what the future brings so no one can answer you. And besides, everything here is based on wild and educated guess although it is based on technical analysis, but still it is not an accurate science.

But if you are going to look at the market movement and sentiments, I would say that we are still in the bullish cycle. We just encounter some glitch along the way. Remember that this April alone we have reach a milestone already (new ath).

bitgolden

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Becky666 on April 21, 2021, 10:37:52 AM

There's FUD in the market right now and OP can take advantage of these times to strike an action, who knows - 20% down should be a good black day.

I guess bitcoin has defeated those manipulators right now as it is strongly holding above $55k levels for more than 36 hours (right now trading above $56k levels) and this current phase is just waiting for those big boys get back into business. If individuals are about to grab earlier than institutions then they could avoid later regrets.

What OP is looking for may not happen in near future as they might need to wait for months. Even though crash will not happen within a day, I am not sure what OP is exactly looking for. People who prefer shorting in leveraged markets might be waiting like OP to short bitcoins.

Becky666

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Quote from: UserU on April 21, 2021, 08:59:20 AM

I see you are ready to buy the dip? Grin

Basically, OP wants such information for him/her to make huge preparation for the de-day which is unfortunately not known to anyone in the industry except he agreed to take the risk to strike when there's a major dip in the market. There's FUD in the market right now and OP can take advantage of these times to strike an action, who knows - 20% down should be a good black day.

FanEagle

legendary

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Quote from: UserU on April 21, 2021, 08:59:20 AM

Having some deja vu sentiments of the 2017 bull run since we've been peaking for some time now.

I am also expecting the peak to be happening by the end of this year which will be similar to 2017. But, when we are having big institutions on play, I am just speculating about some differences on possible occurrences of peak levels. Institutions are known for pullback than anyone else so that they will milk out the maximum than others. This way the current bull run's peak may happen by October/November itself.

Quote from: UserU on April 21, 2021, 08:59:20 AM

I see you are ready to buy the dip?

I understand that OP might be asking this question with the plans of entering into bitcoin market. That is really a good decision like getting opinion of this community before making a financial decision.

ultrloa

legendary

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Quote from: ZellOllah on April 21, 2021, 08:36:34 AM

Hi

As you you, no market can be bullish or bearish permanent. so when is the Crypto black day? Plz explain with reasons.

No one nows and no one can give you a exact day on when this incident will happen.

Are you waiting for the huge dip? Maybe you cannot see that for now so instead of waiting much better for you to buy bitcoin now the price is much cheaper compare last week so its good to do scalping if you know how to do it. This one is much better these days since market is slowly volatile after the frustating dump happened.

UserU

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No one knows. It could be days, weeks or months from now. Having some deja vu sentiments of the 2017 bull run since we've been peaking for some time now.

I see you are ready to buy the dip? Grin

concept2

sr. member

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It is hard to make a precise prediction due to many reasons. Crypto can be in the Black day in the next few months or at the moment. There is no significant pullback, only a 20% correction but a temporary bearish is possible. Many people expect bitcoin to overcome its current peak and hit $100000 before the end of this year which I consider quite maniac. But there is no reason for bitcoin not to do so, right?

I do not know. The only thing I could do is to collect a bunch of bitcoin for the future purpose. Tongue

ZellOllah

newbie

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Hi

As you you, no market can be bullish or bearish permanent. so when is the Crypto black day? Plz explain with reasons.

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