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❕NEWS Cryptocurrency traders look toward big gains in the near future

AudraMiller

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The predictions that are made in the cryptocurrency world are often divided between people, as this is a decentralized network, and therefore it will be highly unpredictable moving forward as well. In order to predict the price of crypto you have to predict the price of human behaviour and that is just not possible. In a recent news article however, it seems that there are many traders that are under the impression that bitcoin may soon text the 40k USD region and that the altcoin will see more than double increase in price, with raises of as much as 150%. This was seen in a tweet by Keith Wareing. Do you agree with such predictions and do you think that the conference yesterday could be a driving force for these predictions?
 

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Such predictions without any sound fundamental and technical analysis shouldnt be taken seriously because even with those analyses, the markets could still go in a different direction.
 

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I think the prediction would surely come into existence , because Bitcoin is going to move very high and start making corrections again at $60k range , since the last huge drop really affected the coin
 

Razor1911

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I think the prediction would surely come into existence , because Bitcoin is going to move very high and start making corrections again at $60k range , since the last huge drop really affected the coin
Only time will tell, the huge ups and downs are making it unclear, whether it will be able to decisively break the resistance and move towards the ATH. The price again gone down after hitting resistance.
 

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Only time will tell, the huge ups and downs are making it unclear, whether it will be able to decisively break the resistance and move towards the ATH. The price again gone down after hitting resistance.
I think the resistance is really holding the coin ,if it it can break the resistance it could move to $45k , but for now instead of rising very high it keeps moving slowly maybe positive news would push the market
 

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That prediction will surely come.true but we don't know when since that 40k is the resistance bitcoin needs to overcome now.. but it might not be that hard like it was before
 

AudraMiller

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I think the prediction would surely come into existence , because Bitcoin is going to move very high and start making corrections again at $60k range , since the last huge drop really affected the coin
There has been quite a bit of a recovery on bitcoin recently and the price does seem to have an upward trajectory. Hopefully it can stay on its path in the coming months.
 

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I too believe that the future of cryptocurrency is very huge and it will come with a lot of benefits for early investors , something that will be a consolation for their patience
 

Wisdom01

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There has been quite a bit of a recovery on bitcoin recently and the price does seem to have an upward trajectory. Hopefully it can stay on its path in the coming months.
It would stay on bullish path in coming months , I don't know why people are using the small bullish opportunity to sell off when they would have just take patience
 

AudraMiller

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It would stay on bullish path in coming months , I don't know why people are using the small bullish opportunity to sell off when they would have just take patience
For many people that are new to cryptocurrency seeing a slight increase often results in excitement and they sell to ensure their profits, not thinking about the potential long term benefits. I think that this is something that comes with time and experience.
 

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It would stay on bullish path in coming months , I don't know why people are using the small bullish opportunity to sell off when they would have just take patience
They are people who are new to cryptocurrency , they believe that the rise won't stay long but they are going to regret it when the bull starts
 

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They are people who are new to cryptocurrency , they believe that the rise won't stay long but they are going to regret it when the bull starts
Those people have no knowledge of how crypto currency works , I think after they didn't use the opportunity to buy and the price start rising rapidly they would start regretting for not buying
 

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For many people that are new to cryptocurrency seeing a slight increase often results in excitement and they sell to ensure their profits, not thinking about the potential long term benefits. I think that this is something that comes with time and experience.
Exactly experience , many that are keeping their own have experience of what happened last bullish run ,so they are doing their best to keep holding because they are the ones to gain the huge share and not those holding for just short term
 

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Its going good fro. Last few days hope its continues so we can have an good roi for the sums of money that have been put in by us
 

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Exactly experience , many that are keeping their own have experience of what happened last bullish run ,so they are doing their best to keep holding because they are the ones to gain the huge share and not those holding for just short term
Experience is necessary to learn about which one should go for long term and which one for short term. This all depend upon the analysis of the market.
 

Wisdom01

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Experience is necessary to learn about which one should go for long term and which one for short term. This all depend upon the analysis of the market.
But it's clear in the analysis of this current run that it's best to hold in a promising bull market , but some people prefer to hold for short term and denying themselves More gains
 

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