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Showing 20 of 1,420 results by olumyd
I do hope that this euphoria lasts longer than the previous ones. At best, we may want to hold out on speculating until the halving is completed. But if u were to make a really good guess, it would be that the bull run will be short lived.
Now it is impossible to say that there are bulls in the market, and also it is impossible to say that there is a bull's trap in the market now, while the market is preparing for growth.
Theres no assurance and the trend can be change easily so its better to focus on your personal goal rather than focusing on the stress in the market. It can be a bull trap again since we dumped again but hopefully its correction and this dump will be a good correction for a better future, lets aim for a bull run and not for the bull trap.Sometimes you have to look at the bigger picture. If there's a bull trap, it means the current rally won't last. And a lot of people will get hurt during the correction.
I don't think that it would go that far for the price correction.
The latest pump was just a small price increase and we have already been around $8-9K for about a month now so why would it suddenly go down to $6K?
The latest pump was just a small price increase and we have already been around $8-9K for about a month now so why would it suddenly go down to $6K?
Because 1. History is fond of repeating itself. 2. It appears BTC has been over bought and what follows is a steep price fall as the stale market prices will cause many to liquidate a major portion of their assets - this goes for mostly speculators; when the price doesn't go above 11-12k region.
Yes, bitcoin can!
But we should see first the real bull run and a real pump and if not then we should not expect that much with bitcoin. Many believes after the halving, some says before the halving but only bitcoin can tell so chill yourself and wait for the right time.
it seems like halving really has a pretty big effect on crypto users. This makes many people believe that the price of bitcoin can reach $ 20,000. actually, I also believe that, but for now, I am not so sure. I honestly expect the price of bitcoin to reach around $ 17,000 this year, and most likely the price of $ 20000 will be reached in 2021. For now, I only focus on seeing bitcoin prices try to stabilize at prices above $ 10,000, even now prices are back below that.But we should see first the real bull run and a real pump and if not then we should not expect that much with bitcoin. Many believes after the halving, some says before the halving but only bitcoin can tell so chill yourself and wait for the right time.
I still find it strange that many people don't know that the current market has priced the halving event already. We may just have the true market value for the current crypto Era. If we were to hit 20k it would truly make us reach a new hallmark in crypto development. I'd love to see it too. But from this point of view, honestly it appears hard.
With people looking into ways to exploit DeFi systems, it's going to be hard to fully trust decentralized products. The recent contract manipulation on bzx could as well be a sing that not even DeFi systems are fool proof. But I do wish they had used a several oracles to determine the true point of reference. Hopefully they will consider such platforms as Chainlink for future oracles.
I see several telegram channels say bitcoin has started to enter a bullish trend, one of the factors is that bitcoin halving and also the price movement in the chart bitcoin has entered a bullish trend. so this not bull trap
That's just the thing, I think we the whole halving thing is just over subscribed and might be our undoing as traders if we don't factor in other players. The current market had already factored in the halving. And this may just be the best case scenario for us right now. I don't mean to sound like a prophet of doom. But I'm not sure the market is ready for a new all time high credit to halving.
$6500 would be a massive dump. By no chance I think bitcoins would go such down to below $7000. The maximum dump I can expect is $8500 and then again bitcoins would start rising. There would be a dump before we could test another resistance. Testing the resistance is not getting much difficult for bitcoins as already we saw bitcoins crossing 10k.
The current charts might be showing a initial dump but it might not be permanent. The price would start growing once bitcoins experience a dump and maybe the graph would continue going in the ascending direction until ATH peak is reached. There are huge expectations from bitcoins this year and let's not ruin them all.
The current charts might be showing a initial dump but it might not be permanent. The price would start growing once bitcoins experience a dump and maybe the graph would continue going in the ascending direction until ATH peak is reached. There are huge expectations from bitcoins this year and let's not ruin them all.
May not be an immediate dump. We're talking 6-7 months from now. And it appears the chart may begin to look something in that direction already. Best case, the dump may stretch out till the end of the year.
It's not that simple. Rise and fall in prices have different factors in play, but one major player - the consortium of whales. For all we know, this may be an attempt to squeeze long positions out of the game. So I'd say we aren't out of the woods just yet. Even if we recover slightly. We may be in for a short-term severe bearish market.
Right now? I don't see that we are in a bull trap.
The price is steadily going up everyday, we have seen this kind of phenomena in a bullish cycle. The price gains might be slow though, and others call this a mini bull run. But this could be the start of a big run in the coming months, specially as we approach the bitcoin block halving event in May.
It is clear this is not a bull trap the rise in the price has been sustained and it has been very slow, if the price begins to go down then many people would have obtained great profits out of it and only those that FOMO will lose money, so I do not see how anyone could tell this is a bull trap even if the price went below 6500 which is the previous low, but right now I do not see any possibility of bitcoin going that low ever again in its history.The price is steadily going up everyday, we have seen this kind of phenomena in a bullish cycle. The price gains might be slow though, and others call this a mini bull run. But this could be the start of a big run in the coming months, specially as we approach the bitcoin block halving event in May.
A bull trap - depending on whose side you're viewing the market from, the past few days are the evidence of subtle market manipulation to get people going in for long positions and risk having their positions liquidated against their will as the BTC market plunged from $10,341.56 USD
$9,874.43 USD heaping a massive 3% loss in just a day. Lots of positions were liquidated and the market makers + exchanges + those who could read the signs (a very minute fraction) took heavy bags home.
We all are aware of bitcoin halving and most of the users are discussing about a possible bitcoin pump post halving which might or not not give pump to the value of altcoins. So do you think halving will provide openings for altcoins with a pump or altcoins will continue to be bearish in 2020?
Most altcoins have been bullish already. That's a good sign that the bearish market is behind us. However, there's every possibility the market can take a wild turn in not so distant future.
Re: Which altcoins out of top 50 will reach ATH again with next bull run???
Guys, do you think top 50 coins will reach there ATH again with next bull run??? Also share your views about any coins out of top 100 which can grow 50x in next bull run 
Ethereum is always my number one pick. ADA seems to be making it to that list. But I'm sure in the next bull run BTC, ETH, and XRP will moon. QNT might make a 3x, might want to check that one out.
Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
Now it is approx $10,000
Approx. yes, it may reach $20,000 if only we can maintain the trend. But if we dump more, just as we saw today from 10k+ to 9.8K... it might be hard to really reach 20k. And we may have been trapped in a bull run already. I'm guessing staying 50% USDT should be considered a safe bet at the moment.
Scam or not, right now it is the only option to hedge during a severe market downturn - case in point, Bitcoin dipped from 10k+ to 9.8k an almost 4% drop in the market can really do wonders to your portfolio. So I'd say among the available stable coins, it's probably the most patronized and that's some credit to credibility. So yes, I do trust USDT.
If you ask me, I'd say someone spoke too soon. And just when we thought we hit 10k USD, we dumped by 4% in less than 24 hours. And a momentum that has been building for weeks - comes to a probable halt? 12k seems likely or not. Just not sure anymore. Quite frankly I don't see it anytime soon.
The market has been gradually moving upwards for a long time, so I think it's not a bull's trap, it's likely to be a bull run soon.
That's exactly what a trap looks like, lure people in and then WHAM! Remember 2017 bull run, same thing happened. Chart was looking nice - uptrend and all the speculations around Futures, and ETFs. And then the dip that left making scarred. This time, I do hope BTC stays up longer.
If you're not sure what's going to happen, then the right move would probably to hedge your bets. Can't decide between USDT and BTC? Then probably put 50% on each instead. Even if we're a few months away from the halving, prices are still not guaranteed to rise so act accordingly.
Good advice.
As for 6000-6500 happening.
Well
415 dec-2015
447 jan-2016
379 feb-2016............................ feb-2020 about 95-100 days before ½ ing
419-mar-2016
421-apr-2016 95-100 days before 2016 ½ ing
452-may-2016
577-june-2016
647-jul-2016
587 8/11/2016
605
640
714
767
785 jan-2017
1008 feb-2017
we look okay based on past preformance.
Not sure that the past ½ is the same as this one so hedging is okay.
Good reference, only if derivative contracts were available back then, it would have been easier to have that fundamental play in the price action. Now, there are too many factors, interest parties and rapid blockchain intake, it may beat previous expectations. But no one truly knows for sure.
This year should be the best bull run ever. I mean, starting the year with a run up to 10k is so much a relief. If halving does it's magic, we could see an easy 15k, and maybe steady over that for a period.
I hear PERLIN is good this time of the year. It's made a whooping 30%+ in 24 hours. And there seem to be some interesting fundamentals surrounding the project. I suggest anyone who is interested should do an adequate DYOR before investing, but it's going to be worth the time.
Ethereum at >$1000 will really change the game for alts and may bring again the days of the ICOs and we should begin to see new lights in the industry. I'm not so concerned about Bitcoin movement right now, as everyone expects it to rally. But for Ethereum, whether or not the POS switch will make an impact on the price remains heavily speculated. So I would truly love to see $1,400 or even higher for the first time.