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Topic: Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally - page 4. (Read 1640 times)

newbie
Activity: 112
Merit: 0
This expectation is based on the individual assessment that means such prediction is not based on the analysis of the expert and so any one can comment anything here as here everyone is independent. People should not hear the rumors rather use their own judgments.
newbie
Activity: 266
Merit: 0
Yes they are not the specialist of bitcoin and thus have no idea about it. They always try to spread this type of rumors and make people confused about it.So, It's better for us to not pay any attention to those people's rumors.
newbie
Activity: 68
Merit: 0
If they expect it then I think they must have any profit from this or they just want to scare the holders and they they will buy their coins in low price.
member
Activity: 574
Merit: 12
In the article referred to, various, even absolutely contradictory opinions of various well-known persons belonging to the field of crypto-currency are indicated. We see that some believe that the price of bitcoin may fall to $ 3,000, while others think that it could be $ 5,000, while others say that it will not fall below $ 6,000. These are just opinions and they are actually based on nothing. At the same time, it was interesting to learn that some believe that bitcoin by December could amount to 10 000 - 15 000 dollars, but Tom Lee does his optimistic forecast for $ 30,000 by the end of the year. I think that the forecast for 10 000 - 15 000 dollars is more real. It is unlikely that this year bitcoin will overstep the mark in the price of $ 20,000. This will be a psychological barrier at the end of the year for many investors.
legendary
Activity: 4466
Merit: 3391
"Why Some Bulls Expect Bitcoin to Fall ..."

Clickbait. The article never actually tells why.
legendary
Activity: 1456
Merit: 1023
Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/
Maybe there are some poor people like me and want to buy bitcoin at a price of $ 5000 down lol.
Yeah, I saw in my country many poor people and were unable to buy 1 bitcoin. And they are desperate for debt to the Bank to buy 1 bitcoin.

Not just poor people may be even whales want to buy at that price and they waited quite long to see whether prices may fall to that range. But it didn't happen so maybe started spreading these FUD to create a small panic to pull down the market. It may or may not reach to that range so if you want to buy then don't wait for until that to happen instead start buying small quantity now otherwise you may regrate later on for not buying at 6K+.
legendary
Activity: 3472
Merit: 10611
just because someone said he thinks price would fall to that number doesn't mean "bulls" are expecting it, heck it doesn't even mean the person saying it is expecting that kind of drop! it always is about manipulation of the minds of the masses.
there are many who are "hoping" for that kind of drop so that they can make a lot of profit in a very short time from this down and quick up recovery but that "hope" means it won't happen in that size because they will buy a lot sooner than that bottom they are wishing for.
full member
Activity: 812
Merit: 101
I think Tom Lee is a big bitcoin fanatic, so he is always optimistic and always thinks positively about the development of bitcoin in the future.

I do not know what is the reason for him, whether his speculation has a strong foundation or not.

because if we look at market conditions today, bitcoin has difficulty pumping.

some people hope bitcoin will fall deeper, so they can collect a lot of bitcoin, so when a big rally, they can take advantage.
jr. member
Activity: 322
Merit: 1
Actually, this is something that had never happened within the year and those who happen to made such assumption is no expert to project such trend. Though the market trend is not that stable for now due to continuous fluctuations, I believe that this could have a major adjustments could be on progress for a much huge pump that may take place.
newbie
Activity: 106
Merit: 0
Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/
Maybe there are some poor people like me and want to buy bitcoin at a price of $ 5000 down lol.
Yeah, I saw in my country many poor people and were unable to buy 1 bitcoin. And they are desperate for debt to the Bank to buy 1 bitcoin.
sr. member
Activity: 966
Merit: 275
Well, ber months is coming (Septem-ber, Octo-ber, Novem-ber, and Decem-ber) so tighten your seat-belt for a barrage of cooked FUD news to come like this one. I guess this is just some sort of tactics employed by the so-called Bitcoin Whales who owns 40 percent of the market to once again rakes millions of dollars before the year ends as what they did last year.
full member
Activity: 854
Merit: 108
Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/

I have already set my mind and prepared myself that bullish market is just a fantacy that it will not going to happen because for me the market is already set that we must rely on real demand now. Better to be in this way than still keep hoping that bullish will still come in which it will just make you to disappoint if it will not arrive.
jr. member
Activity: 182
Merit: 1
Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

https://www.ccn.com/why-some-bulls-expect-bitcoin-to-fall-below-5000-prior-to-big-rally/amp/

Whether this is a prediction that comes out of economists, usually economists observe things that can affect prices, such as observing price charts, investors, exchanges and so on for the past few years for future predictions, but many experts also differ opinion about the prediction of bitcoin prices because it is very difficult to predict because it always experiences a very fast increase or decrease, only takes a little time to go up or down.
newbie
Activity: 30
Merit: 0
The Bulls are going to be disappointed in the fact that the bitcoin's rallying force is beyond some mere speculation or anticipation. There is a whole lot that determines the price falling to the $5k mark.
member
Activity: 392
Merit: 10
FUD everywhere This is not new since there is an upcomming events in crypto society. Spreading FUD just to make the tide go in their favor.  Those newbie traders will surely buy this kinds of FUD and will surely result regret later on
jr. member
Activity: 728
Merit: 2
When a bull market is near there are always cooked up stories just to raise fud so they can buy cheap and get into a position to profit in the bull run. From the write up, the guys there just gave their own opinion but i believe bulls are way beyond mere speculation and no one is a real expert.
newbie
Activity: 112
Merit: 0
Its no surprise that many crypto experts see bitcoin at below 5k levels. These are people who want to get their hands on bitcoin at a low price by spreading FUD and misinformation. Predicting these levels makes people who follow these experts to sell their bitcoins and drive the price further down. There is no technical analysis behind this.
jr. member
Activity: 98
Merit: 2
Mostly when people expect a low price.And this price comes there, they do not buy.As a result, they stay out of the game.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Quite a clickbait-ish title, ain't it?

"Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally"

But it doesn't actually give ample information on why Anthony "Pomp" Pompliano thinks it will go below $5000. He just pretty much said "The final data outputs left me with a few uncomfortable conclusions". But nothing beyond that.
member
Activity: 486
Merit: 27
HIRE ME FOR SMALL TASK
There are so many sorts of informations trying to confuse my state of mentality by knowing what would be the best reason why all of these articles are popping out when this has nothing to do with the price. I have read about halving the bitcoin's price by 2020, analysis about pump and dump groups, SEC etf rejection.  all such are worthless unless price become higher again. It would be worth to buy if the price is low atleast.
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