Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is overdue for a dump
by
DaNNy001
on 17/01/2025, 22:49:53 UTC
One reason why I said Bitcoin is overdue for a dump is cause yearly market open just started and last year candle left so many unfilled fvg for me personally I would still like to see more dump if bitcoin price for this month probably this month cancle close we would get a proper PA of how next month is going to be, if we lose $90k then $85k should be printed on the chart
As I have understood, the crypto market won't suddenly resort into dumping its price without seeing first some signals that would lead to a bearish market. Like for example, negative market sentiments and news, since all we have right now are focused on the upcoming positive events, so it's hard to anticipate a bearish season when the negative factors aren't visible yet. But no worries, the market will eventually get there, we just can't tell a specific date or month when it will be happening.

Everyone knows that the market will eventually dump one day and like you said it will be all tied to the negative news that would affect the market and the thing like you said no one can actually know when this happens although even if the market dumbs today it will be still be of great benefits to those Bitcoin investor that are not will to sell right now at the amount because atleast they can have more opportunities to expand their portfolio for a lot more long term holding of their Bitcoin.