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PiroSense

Why I think Bitcoin would experience dumps in the next months?

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We are already in January and I see no fall, it seems your prediction were not correctly for the reason that we give rise to conceded the December and we had seen that BTC and others altcoins set a price were consequently a large amount impressive good luck to BTC

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I think not next month, on the contrary, Bitcoin will go up and start going up because now people who invest and trade or even hodl are getting more and more this month and they just prefer everything.  (i am thinking as traditional trading) from the end of mount will see Bitcoin demand will start high again

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There are all possibilites can happen as many going for very high and few are scaring for down right now nothing is preditable this is beauty of this bitcoin very violate right now as market is behaving I am also feeling this could be go in above sentiments as volume will increase and few have some more funds involve in this depth then surely its not going to stop surely we will have 5 figures in around us.

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13 minutes ago, Xpensive011 said:

Yes really we are ssharing thesame belief bitcoin is unmoving dumping this month and level after that month. The simply leeway that bitcoin may pump once more is the forthcoming Bitcoin halving episode subsequently year but I wish it well

The thing is that BTC is moving towards the halving. Up to now the previous halvings made BTC pump. Beside this the technical analysis indicates that we broke the 21 weeks moving avarage which is an important indicator for BTC. A dump is therefore not expected on the short term.

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bitcoin now pumping today around 8500$ pumped 5℅in 24 hours maybe bitcoin start dumping after some hours lest see.

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I completely agree with your position. Risking money to buy even at some point that looks low, is not a good idea unless you have inside information. It will probably pump as it seems and it has already from 6500 all the way up to 8950 today. It has potential to climb more but it can also stay there for a few months and since noone is investing besides the same people then a month before the halving it will crash a lot. Basically I feel that the longer it will go the harder it will fall and this time there won't be a stop at 3K.

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1 hour ago, Anjelina Any said:

Я до сих пор купить ожидание ниже $ 6000 , поэтому мне нужен киты делать свою работу  😉  Но действительно серьезно, я ожидаю , что мы увидим какие - то серьезные отвалы этой весну, так что лучше воспользоваться ими

I do not think that bitcoin will drop in the spring. The price of bitcoin is growing and will continue to grow. In May there will be halving and the price will soar. There is too little time left until May. Need to buy now.

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22 hours ago, gmjutt6 said:

That is really a good thing if you have bought on the price of 6000$ now I will suggest you to hold it till the halving event.

Buying Bitcoin when price dipped to $6000 was a very wise investment decision and now you'are already into profit. I will suggest, you sell a large chunk of it if not all whenever price cruises close to $12,000 before May and wait to but again at cheaper rates after halving for another climb.

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I also think that bitcoin might experience dumps again because as of now it's price is increasing, sooner or later it might be dumped again. It's really normal for bitcoin to experience those kind of things because it is part of it's nature.

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This prediction has been wrong because according to the prediction date (Which is November 2019), bitcoin price should had gone lower in later months but it has been rising since January. Unfortunately, most online predictions have been wrong too and some people didn't buy bitcoin in fear of more price drops. Those who didn't invest in bitcoin back in November, couldn't get benefit from it these days.

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On 11/16/2019 at 1:01 AM, PiroSense said:

Contrary to most people here who are predicting bull run might happen in the next few months, I'm on the other side of the way. Even with recent positive news that indicates another bull run, I do believe that we would experience major dumps (price lows) mainly because:

 

1. The whales know that when the next halving is about to occur, the price is likely to skyrocket. And while this is good for them, they want to get the most out of it by selling their holdings, crashing the price, then buy at those lows to get the most profit when it would hit ATH (all-time-highs).

 

2. When the whales start to manipulate the market and the price comes down drastically, FUD (Fear, Uncertainty, and Doubt) would start to kick in. Non-whale investors would most likely panic and sell to early to further cut losses, which would decrease the price more.

 

And so that's why I'm not still buying Bitcoin today, but rather wait a little bit more until I see no action from the whales.

a lot of people were wrong about the bitcoin price, but it is normal if we all predict the same thing we would all have been rich at this time. 

it is hard to predict in this market since is still a very low market cap market and still manipulated

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On 11/16/2019 at 5:01 AM, PiroSense said:

Contrary to most people here who are predicting bull run might happen in the next few months, I'm on the other side of the way. Even with recent positive news that indicates another bull run, I do believe that we would experience major dumps (price lows) mainly because:

 

1. The whales know that when the next halving is about to occur, the price is likely to skyrocket. And while this is good for them, they want to get the most out of it by selling their holdings, crashing the price, then buy at those lows to get the most profit when it would hit ATH (all-time-highs).

 

2. When the whales start to manipulate the market and the price comes down drastically, FUD (Fear, Uncertainty, and Doubt) would start to kick in. Non-whale investors would most likely panic and sell to early to further cut losses, which would decrease the price more.

 

And so that's why I'm not still buying Bitcoin today, but rather wait a little bit more until I see no action from the whales.

This is because of if he hard fork.

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this is natural. if bitcoin pump last moth it dumps next month. I think in the be gaining of next month bitcoin will start dumping. so we should be careful.

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I agree with the OP, at the end of 2019 indeed the price of bitcoin was down and now it has begun to rise.


 

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In my opinion, the price of bitcoin now is fine. And if the increase is even better. Because it is very good for those who invest and trade. However, the price of bitcoin will not remain stable at all. Bitcoin prices are up and down every day.

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I certainly agree with your logic, but it also depends on how you play the game, given the fact that you already know how the game would pan out. Those whales didn't get so rich, by playing games, that can be anticipated by anybody, and there is no rules of the game. I don't what are their triggers, but I can very well say, they are very adept at what they do, so they make a lot of money.

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Firstly, this is an action in order for Bitcoin to grow, it is necessary that there are volumes of sales and purchases. First of all, the volume of purchases of bitcoin is taken into account and thereby the price rises. 

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On 11/16/2019 at 6:01 AM, PiroSense said:

Contrary to most people here who are predicting bull run might happen in the next few months, I'm on the other side of the way. Even with recent positive news that indicates another bull run, I do believe that we would experience major dumps (price lows) mainly because:

 

1. The whales know that when the next halving is about to occur, the price is likely to skyrocket. And while this is good for them, they want to get the most out of it by selling their holdings, crashing the price, then buy at those lows to get the most profit when it would hit ATH (all-time-highs).

 

2. When the whales start to manipulate the market and the price comes down drastically, FUD (Fear, Uncertainty, and Doubt) would start to kick in. Non-whale investors would most likely panic and sell to early to further cut losses, which would decrease the price more.

 

And so that's why I'm not still buying Bitcoin today, but rather wait a little bit more until I see no action from the whales.

Such a beautiful think.. like you many specialist always try to find why Bitcoin or other coin price will be down or bump..this is really great.. carry on brother

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There is always going to be flunctuation in the price of Bitcoin, but overtime the price of Bitcoin will shoot up. Right from the creation of Bitcoin, it has tangle high yearly except for on year that it closed lower. Though Bitcoin will experience bear time but it will continously go up yearly.

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I think not subsequently month, on the contrary, Bitcoin will move on up and get on your way up for grabs up for the reason that at the moment populace who invest and trade or equal hodl are in receipt of other and further this month and they really favor everything.  (i am thoughts as fixed trading) from the result of mount will go to see Bitcoin require will depart high-level over again
 

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It is basic right to think any thing it may be any thing  as you are thinking about Bitcoin, but as that demand of Bitcoin is increasing day by day it is chance to it but run in 2020.

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Don't become pessimistic, just always have a patient, it's natural if the price of btc go down but we need to believe and become optimistic in btc. 

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In the next coming months I think bitcoins will price rate will increase drastically because of the upcoming halving which kick-off the low bitcoins rate to a higher bitcoins rate

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On 11/16/2019 at 6:01 AM, PiroSense said:

Contrary to most people here who are predicting bull run might happen in the next few months, I'm on the other side of the way. Even with recent positive news that indicates another bull run, I do believe that we would experience major dumps (price lows) mainly because:

 

1. The whales know that when the next halving is about to occur, the price is likely to skyrocket. And while this is good for them, they want to get the most out of it by selling their holdings, crashing the price, then buy at those lows to get the most profit when it would hit ATH (all-time-highs).

 

2. When the whales start to manipulate the market and the price comes down drastically, FUD (Fear, Uncertainty, and Doubt) would start to kick in. Non-whale investors would most likely panic and sell to early to further cut losses, which would decrease the price more.

 

And so that's why I'm not still buying Bitcoin today, but rather wait a little bit more until I see no action from the whales.

I think it won't. Because we already saw many critical situation of bitcoin in 2019. After 2029 year enter bitcoin rising up. And recently we saw it touched $10k price. It makes hope in our mind.

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The Pope can always manipulate prices so that prices that should go up go down dramatically. They can raise prices only briefly and reduce them too quickly. When prices are low they buy it.

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