Hey all,
Looks like BTC is stuck under 90,000$ as liquidity is low and altcoins aren't showing strength. Traders seem cautious ahead of U.S. data drops coming this week.
Bitcoin struggles under 90,000$, risk appetite dwindling ahead of critical events
19 replies 421 views
So, Bitcoin dipped below 90k with limited risk-taking from investors. ETH seems to be holding its own, but major altcoins are dragging. It's all about positioning before a hectic week of data, right?
kevin_atlasFull Member
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#3Mar 4, 2019, 01:59 AM
With the current cycle, I think the Bitcoin bull run is done for now. IMHO it should've hit higher highs, but the big boys are playing games with the price. Some say institutional support means no more crypto winters, but I’m skeptical.
AtomicBridgeMember
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#4Mar 4, 2019, 07:40 AM
Not sure this drift is normal. Seems more like a pullback than a bull run. Calling it bull or bear is a tough call. 4 years is a big picture compared to this recent dip.
paulvectorMember
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#5Mar 4, 2019, 01:27 PM
Exactly! The market feels dull. Sunday trading isn't great, and with the holidays, it's not surprising we dipped below 90k. Hard to imagine hitting 100k again soon.
A few weeks ago, we were at 80,600$. Now we’re back under 90k. Same old rollercoaster. Prices will keep swinging until we see a clear trend.
wildoracleMember
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#7Mar 4, 2019, 03:49 PM
True, everyone is waiting for the market direction. It's a good time to scoop up some Bitcoin while folks are fearful. It'll eventually go back up, just gotta be patient.
just_yieldFull Member
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#8Mar 4, 2019, 06:21 PM
Remember the last interest cut? Market tanked right after. Seems like everyone’s expecting the upcoming U.S. data, but is it really gonna change anything?
I’m seeing mixed signals in the short term. We could drop below 70k, but we just have to wait and see what happens overall.
Ngl, I don’t have a clear picture either. Bear market is inevitable, just a matter of time. If we drop to 70k, I wouldn't be shocked.
So there's talk about liquidity drying up for BTC. Some metric shows that inter-exchange flow is turning red. Historically, that’s not a good sign.
I was thinking the same. At this point, it feels like the bull market is behind us. We’re gearing up for a bear phase, just a slow buildup.
There are lots of factors affecting Bitcoin’s recent ATH, like trade wars and geopolitical issues. Gold is also reaching new heights, pulling money away from crypto.
Right? Altcoin weakness shows that risk appetite is fading. BTC might hold up better than others, but ETH's relative strength is intriguing.
I'm with you on this. I doubt we’ll see 100k anytime soon; rather, we’re in for more consolidation or declines. If we can hang above 90k till December's end, we might catch a break.
Market feels sluggish, no doubt. Many traders are cautious. But short-term volatility could lead to quick profits if done right.
greg.protoMember
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#17Mar 7, 2019, 08:33 PM
For me, if 80k holds, I see potential for a run toward 100k early next year. I'm just chilling and buying dips.
It’s wild how the market can flip in no time. Expected drops and fluctuations are part of the game, just gotta ride it out.
ben.matrixNewbie
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#19Mar 8, 2019, 02:26 AM
Long term I'm bullish, but short term looks rocky. With the holidays, there's definitely gonna be sell pressure as people cash out.
ben.matrixNewbie
Posts: 3523 · Reputation: 35
#20Mar 8, 2019, 08:26 AM
I see some optimism for 2026, but honestly, it's probably just holiday vibes talking.