Who care about elon or micheal Honestly i dont because i know how Market move so i Hold my horse till Huge Discounted price
$10800 Bitcoin Bottom Confirmed ???
- Thread starter im.King
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RottenApple
Regular Member
- Dec 24, 2020
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Crypto doesn't follow technical analysis. It's been proven multiple times.
- Jan 25, 2010
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The only thing that will drop BTC by prob around 50% give or take 10% is when Tether's books and fraud become public as part of the findings of the US criminal probe into them. It'll be the end of the biggest stable coin that oils the wheels of the crypto market as a whole.
And it'll take a while for the market to switch over to audited stablecoin pairs. I'm happy to see exchanges adding more USDC based pairs but there just isn't enough liquidity to really take advantage of them rn.
EDIT: That 50-60% drop will, as per usual, be an overreaction by the market and I'd expect a quick 20% recovery then uncertainty and finally back to business as usual as we go to the moon.
*NOT financial advice, just the musings of a crypto nerd
And it'll take a while for the market to switch over to audited stablecoin pairs. I'm happy to see exchanges adding more USDC based pairs but there just isn't enough liquidity to really take advantage of them rn.
EDIT: That 50-60% drop will, as per usual, be an overreaction by the market and I'd expect a quick 20% recovery then uncertainty and finally back to business as usual as we go to the moon.
*NOT financial advice, just the musings of a crypto nerd
JavascriptPufferfish
Supreme Member
- Sep 13, 2019
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thats like saying "you can put all your effort in your job but if you get a hit by a truck its worthless". yeah, you are right, but that doesn't mean people should stop putting in the effort. TA done correctly works. it doesn't predict the future and shouldn't be a religion, but its 1 more tool you can get reasonable predictions out of and, ideally, conflude with other tools/data. you have some traders who build their accounts purely on TA, and many who don't rely solely on it, but do use it. of course, external circumstances matter too, and you gotta stay on watch, but TA is often a source of decent risk/reward plays.
in Crypto World everything is Possible when the Coins can dip -50% in day then Its Must can do Anything. rest assure we really dont know whats the whales and Institutions will do !
AnotherShot
Banned - Multiple Rules Violations
- Nov 29, 2021
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nice resistance dear. now all of bhw members will set buy entries at $10800!!!
Let me correct you its Not Resistance . it is Support level where tons of Buy orders active & Resistance is where tons of Sell order active !!!
P.S :- Support can be Resistance at some point or Vice versa
Josh Butler
Banned - Shitlisted and did not do the right thing
- Aug 29, 2021
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I knew that BTC will go down at the end of 2021. I sold off my entire BTC portfolio when it touched $66K. I will start buying again when the price comes down to 30K
What was your analysis or Fundamental behind selling when it was 66K ??
and what about now $30K Prediction also ?
- Jun 17, 2021
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Individual meme tokens yes. Bitcoin, too, but more slowly and as we can see, it was manually returned back very quickly. Small players are already getting used to such waves and are less and less exposed to panic. Therefore, even if there is 30k, rates will return to 60k pretty quickly in order to pull even more fiat from small players.
Josh Butler
Banned - Shitlisted and did not do the right thing
- Aug 29, 2021
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I did not know that 66K would be the highest but I knew the price will come crumbling down because of the news from China banning bitcoins. A large number of Chinese will be trying to sell their bitcoins which will make BTC comes down. That was my only prediction and to some extent I was correct.
wtf is your comment
nobody will sell base on this Thread its just what i posted the way i can see market for Long term & totally doesn’t means bitcoin at 51K and its cannot be 10K in a Year. if you think that way than my dear you wrong about bitcoin because it can go anywhere
AnotherShot
Banned - Multiple Rules Violations
- Nov 29, 2021
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$30k is too high. wait for the crash, not the dip
lokibyheart
Power Member
- May 23, 2019
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a bear market can take bitcoin price to 10 K to 15 K but the way tether keeps on printing billions and billions fake US Dollar to pump the bitcoin price then my friend it doesnt look good. tether pumps bitcoin price 8000 $ in just five minutes, you think they can let bitcoin go to 10000 $ ?
but when tether goes down we will see bitcoin less then 10 K, we dont know when but one day it will, because every ponzi fraud gets shut down at the end, it can not keep going on and on
all we can do see wait and see but i am sure one day you will get you chance to buy bitcoin at 10800 but i am not sure when that time comes you will buy it
but when tether goes down we will see bitcoin less then 10 K, we dont know when but one day it will, because every ponzi fraud gets shut down at the end, it can not keep going on and on
all we can do see wait and see but i am sure one day you will get you chance to buy bitcoin at 10800 but i am not sure when that time comes you will buy it
Indeed sooner or Later this will Happen because market canmot be Buy buy Buy or sell sell sell . Instead it has to take All Buy and sell orders interms to Run Market … Sure enough who will know when this will Happen But atleast as per my Knowledge i have an Idea when it can go down if its really will in bear market
Rest We are Green Still in BITCOIN
ddlmanager
Power Member
- May 14, 2018
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If you trade trend lines and support and resistance you better stay away from the market lol
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