Bitcoin Dump is Here. How Long?

in #bitcoin4 years ago

Binance BTC/USDT Chart

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BitMex Last Orders

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Top Volume Bitcoin Markets

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Bitcoin Yearly Lows

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Look how cheap you could buy BTC not how high you could have sold.

Remember all people count on halving this year, may be dumps before higher highs and ATH.

What is your take and ideas ?


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Happy new year! Can't wait to see what's gonna happen with BTC halving. I forecast no more than 12k before halving, then 30-50k at the end of the year.
It will also depend if 2020 is going to see a major financial crisis. Let's see.

Well I sure wish I hadn't bought as much as I did at 9K because I bought into the "it was the last time prices will be under 10K in our lifetime" bullshit.

Not certain how much faith is being put in the halving this time around or the selling pressure would not smack BTC in the head every single stinking time it comes up for air.

BITCOIN may remain weak until mid-January

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I think that much of crypto history is so based on scams, manipulation, and ponzi schemes to make paying much attention to it, at this point in time, is largely fruitless. My guess is 9-10K before halving then a truely spectacular dump back to the 4K zone. Then maybe, maybe back to 10K by the years end.

I know this is pretty bearish, but the bears have been way more right then the bulls in the last 6 months and I see no reasons to be very bullish. The LTC halving has been quite the bust, and while BTC is the trend setter not follower, mostly, I think now, in 2020, "halvings" only fire up the true believers and will leave the rest of the world, the potential retail bag holders for a run up, yawning.

I hope I am very wrong.

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