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[aryan4]

According to prominent analyst Aayush Jindal, Bitcoin is in a short-term bearish zone.
She estimates that if the price breaks below the $ 35,500 and $ 35,000 support levels, it will gain momentum.
She thinks that if this happens, a decrease of up to 30 or 32 thousand dollars may occur.
What do you think of this famous analyst's comment?

 

[Josemendez]

The mobility experienced yesterday, more precisely, the abundance of sales transactions was remarkable.


Yes, there seems to be some recovery now, and transactions of around 48 thousand dollars are in progress. But as far as I was watching, it seems a little tired.

The down trend seems to have continued this evening , most of the coins are still very down. We hope that things works well .

 

[Josemendez]

You are right with your prediction , information reaching me right now is that bitcoin has fall drastically by 16% from $50,000 to $45,041 at the moment while other crypto currency has fallen , but i believe it can't fall to $32,000 this year.
If it fall to that level , then its going to affects the long term investors of bitcoin.

True if falls to 32k ,it will affect the long term investors ,but the fact is that nothing will make it fall to this price . I am certain that it will reach $100k this year .

 

[aryan4]

Bitcoin price seems to be experiencing a squeeze again. For some reason, sellers become more active when it goes above $ 50,000. I wonder if the drop is a correction or the beginning of a fall.

 

[Josemendez]

Bitcoin price seems to be experiencing a squeeze again. For some reason, sellers become more active when it goes above $ 50,000. I wonder if the drop is a correction or the beginning of a fall.

I think what is happening to bitcoin now is the effect of short term traders . They sell at each percentage rise in price . For example , they sold when bitcoin dropped to $55k . Bought again when it dropped to $43k and are selling now at $50k . This is why it is still correcting .
On a second note , I do like to thank you for the gift you gave me. Since message is disabled here , can we chat on WhatsApp or other social media ?

 

[aryan4]

There is a visible selling pressure in the markets. Bitcoin has experienced a decline from 58 thousand dollars in a short time to 44 thousand dollars today. Let's see how long this troubled process will continue.

 

[Josemendez]

There is a visible selling pressure in the markets. Bitcoin has experienced a decline from 58 thousand dollars in a short time to 44 thousand dollars today. Let's see how long this troubled process will continue.

As it stands now , the price if bitcoin seems as if it will continue to show a decline in value for a while . Anyone who wants to invest now will have to be aiming long term investment

 

[Rollerkid]

According to prominent analyst Aayush Jindal, Bitcoin is in a short-term bearish zone.
She estimates that if the price breaks below the $ 35,500 and $ 35,000 support levels, it will gain momentum.
She thinks that if this happens, a decrease of up to 30 or 32 thousand dollars may occur.
What do you think of this famous analyst's comment?

Even though the prediction was done quite a while ago, l still think bitcoin can still go down to that price tag. The correction period we are currently in is unpredictable and anything can happen in this period.

 

[Josemendez]

Analysts have not accurately predicted the price of bitcoin. They are only taking based their on their own premonition and not as a result of critical analysis. That's why I won't take her serious.

The fact is that no one can accurately predict the price of any cryptocurrency . They may only give prediction close to the actual price .

 

[aryan4]

I think what is happening to bitcoin now is the effect of short term traders . They sell at each percentage rise in price . For example , they sold when bitcoin dropped to $55k . Bought again when it dropped to $43k and are selling now at $50k . This is why it is still correcting .
On a second note , I do like to thank you for the gift you gave me. Since message is disabled here , can we chat on WhatsApp or other social media ?

@Josemendez
I thank you too, I read your posts with pleasure.
I think the markets seem to be in a correction. My guess is that we will see a little more congested markets for a while.

 

[Josemendez]

@Josemendez
I thank you too, I read your posts with pleasure.
I think the markets seem to be in a correction. My guess is that we will see a little more congested markets for a while.

I quite agree with you on this . I believe that the world of crypto is getting much attention , such that there may come a time when there will be delay in transaction delivery due to network congestion

 

[aryan4]

Markets seem more sales-oriented than ever before. Bitcoin tested $ 43,000 and is trying to hold on. The current price is around $ 43300.
The altcoin market, on the other hand, is in a very panic mood. I hope we see an overall recovery.

 

[Josemendez]

Markets seem more sales-oriented than ever before. Bitcoin tested $ 43,000 and is trying to hold on. The current price is around $ 43300.
The altcoin market, on the other hand, is in a very panic mood. I hope we see an overall recovery.

Yeah. The whole market is experiencing a downward fall and this is quite confusing to many newbies I know . Some of them are even scared

 

[microunit]

Yeah. The whole market is experiencing a downward fall and this is quite confusing to many newbies I know . Some of them are even scared

well this will be an experience for them as this kinds of things is quite normal in the market, as not all the time that only the rise will only occur, people have to also sell to get profit hence the prices will lower

 

[microunit]

I don't see Bitcoin going down up to $30-35k any time soon. I understand that this posts have been done some time ago. I still believe that Bitcoin will start going up after seeing some bearish run.

Well, due to the hype that is going right now people and companies are really buying the dip hence they're pulling bitcoin back up if it goes really low

 

[Josemendez]

well this will be an experience for them as this kinds of things is quite normal in the market, as not all the time that only the rise will only occur, people have to also sell to get profit hence the prices will lower

True ,however when there is unnecessary panic sell , the price tends to fluctuate a lot ,and this can be very discouraging to the investors

 

[aryan4]

True ,however when there is unnecessary panic sell , the price tends to fluctuate a lot ,and this can be very discouraging to the investors

Naturally, our perceptions can change when the mobility reaches extreme dimensions. Sometimes frankly I feel anxious. I think it is necessary to approach more calmly to these fluctuations due to the nature of the markets.

 

[achawaskey]

He said bitcoin could go down up to 32k without stating the reason why it will go down, I take as speculation, in crypto trading a lot of things are happening. But let's wait and see what will happen within few weeks.

 

[kuzgun34]

i think that can become.

 

[Josemendez]

Naturally, our perceptions can change when the mobility reaches extreme dimensions. Sometimes frankly I feel anxious. I think it is necessary to approach more calmly to these fluctuations due to the nature of the markets.

True. But the slogan of buying more during a dip has become a pattern for some of us ,with the hope of maximizing our profit when the time comes .

 

[Owii430]

I have been following bitcoin for some time now and I can see Aayush Jindal's prediction coming true. Bitcoin can go bearish but this is short term in my opinion.