Post
Topic
Board Speculation
Re: I see a dump approaching, do you?
by
Latviand
on 31/01/2020, 12:49:38 UTC
It looks like it....  Shocked
There is some artificial inflation of the BTC price. Pure air. When this happens is easy for the price to come down, because it doesn't have any support whatsoever.

Whales & good traders will continue to take advantage of FOMO so they can accumulate more.

I think we will revisit 8k, but just under 9k. After this dip, it looks like we are going to be saying bye bye to 8k for ever.

So, prepare those usd guys for this next dip $$

If you want to know more about my reasoning in this matter visit this topic: https://bitcointalk.org/index.php?topic=5221788.0

I'm actually not expecting any real dump again at this time , every price flunctuation now will still be around this present value and not lesser.This Moment is close to halving and we are leaving $8k for the next level. We may not have much puch till April but there will be steady increase till the halving in attained.

The majority of people believe this. I don't. We will see. There is still 100 days to halving. Not close enough.
How can you say that there's 100 days befofe halving? Can you please share a proof to this? Because I am not aware of such thing. All I know is that, it is normal for its market value to fall and rise since that is the nature of market volatility. I no longer anticipate dumps because as what happens everytime, it would be followed by a recovery although the price won't be back to its state before the downfall, but still, recovery is there, same thing with the uprise. As an investor you should know when to sell and when to hold.