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kotajikikox

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Quote from: barbara44 on May 15, 2022, 02:26:43 PM

Quote from: kotajikikox on May 14, 2022, 11:09:42 PM

Wrong , it is not the strong support because we already see that bitcoin drops at 26k and now struggling to break 32k again.

But you are also correct that Bitcoin had survived all the bad thing happened since the creation ,

Bitcoin will stand strong in the next coming months though there are possibilities that this will took another year before the Mining Halving event happens, so let us see what is coming in our doorsteps .

Yes, I think there is no such thing as strong support because no matter how they claim that this price has the strongest support for btc, the price will still find a way to drop below their expectations. Maybe the price can stay at a certain position for a short period of time. Is that what they mean strong support? But, when the price drop again and stay there for a while, people will call that a new strong support.

This doesn't end and sometimes it is annoying already but nothing much we can do about it and I think it's going to be boring if all are going to keep quiet. We still have a long way before halving so expect that more bears are going to come.

There is a strong support but will not stay forever , meaning we can see it last for at least week or Month , but never to take a long year .
because the market must move up and down for this to show its health and worth a trust.
because if this will become stable then what is the sense for this to be a trading material and place?
so let it move up and down and let us gain or sometime loses .

kotajikikox

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Quote from: barbara44 on May 15, 2022, 02:26:43 PM

Quote from: kotajikikox on May 14, 2022, 11:09:42 PM

Wrong , it is not the strong support because we already see that bitcoin drops at 26k and now struggling to break 32k again.

But you are also correct that Bitcoin had survived all the bad thing happened since the creation ,

Bitcoin will stand strong in the next coming months though there are possibilities that this will took another year before the Mining Halving event happens, so let us see what is coming in our doorsteps .

Yes, I think there is no such thing as strong support because no matter how they claim that this price has the strongest support for btc, the price will still find a way to drop below their expectations. Maybe the price can stay at a certain position for a short period of time. Is that what they mean strong support? But, when the price drop again and stay there for a while, people will call that a new strong support.

if this price stays at 30k within this week then yes this is the strong support but if we experience another dumping in the coming days then I think we will find our investment lowering to another 10-20% before the climb starts.

Quote

This doesn't end and sometimes it is annoying already but nothing much we can do about it and I think it's going to be boring if all are going to keep quiet. We still have a long way before halving so expect that more bears are going to come.

that is exactly what I am thinking that this will run till Halving in 2025 so maybe best to keep Buying instead of planning to sell.

cryptomaniac_xxx

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Quote from: EdenHazard on May 15, 2022, 06:26:02 PM

Quote from: kotajikikox on May 14, 2022, 11:09:42 PM

Quote from: SaveOurSea on May 11, 2022, 02:04:52 PM

I think Bitcoin can survive at $29k support, because Bitcoin has been there several times,
and many experts also say that $28k to $29k is the strongest support, but indeed anything can happen,
take care of your money management, and always plug it in. stop losing, we will see the bull market again and indeed it takes more time

Wrong , it is not the strong support because we already see that bitcoin drops at 26k and now struggling to break 32k again.

But you are also correct that Bitcoin had survived all the bad thing happened since the creation ,

Bitcoin will stand strong in the next coming months though there are possibilities that this will took another year before the Mining Halving event happens, so let us see what is coming in our doorsteps .

Still .. don't forget about how crazy bad moments happened in bitcoin .. in crypto space , despite yeah we as a believer won't have a single doubt about bitcoin vision for the future , yet an anticipation needed especially if you put your lifesaving in it , that is dangerous and should have a huge responsibility , otherwise you might ruining crypto even more in these difficult time.

enough people dreaming to become a millionaire overnight , crypto aren't a place like that. the bear might still dominating indeed but i see there is some huge attempt to break the current price range.

That will be the constant battle, some of us have seen worst, and yet we remain in the ecosystem despite this setbacks because we believed that bitcoin will eventually bounce back in the next couple of years.

I guess only thru experience that we will understand that crypto is not a get rich quick scheme. There are these so called influencers that they made a lot of money in crypto, but I doubt that they did it in short amount of time unless they did scam or run a rug pull.

EdenHazard

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Quote from: kotajikikox on May 14, 2022, 11:09:42 PM

Quote from: SaveOurSea on May 11, 2022, 02:04:52 PM

I think Bitcoin can survive at $29k support, because Bitcoin has been there several times,
and many experts also say that $28k to $29k is the strongest support, but indeed anything can happen,
take care of your money management, and always plug it in. stop losing, we will see the bull market again and indeed it takes more time

Wrong , it is not the strong support because we already see that bitcoin drops at 26k and now struggling to break 32k again.

But you are also correct that Bitcoin had survived all the bad thing happened since the creation ,

Bitcoin will stand strong in the next coming months though there are possibilities that this will took another year before the Mining Halving event happens, so let us see what is coming in our doorsteps .

Still .. don't forget about how crazy bad moments happened in bitcoin .. in crypto space , despite yeah we as a believer won't have a single doubt about bitcoin vision for the future , yet an anticipation needed especially if you put your lifesaving in it , that is dangerous and should have a huge responsibility , otherwise you might ruining crypto even more in these difficult time.

enough people dreaming to become a millionaire overnight , crypto aren't a place like that. the bear might still dominating indeed but i see there is some huge attempt to break the current price range.

milewilda

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Quote from: 7788bitcoin on May 15, 2022, 05:18:15 PM

Quote from: barbara44 on May 15, 2022, 02:26:43 PM

~
Yes, I think there is no such thing as strong support because no matter how they claim that this price has the strongest support for btc, the price will still find a way to drop below their expectations. Maybe the price can stay at a certain position for a short period of time. Is that what they mean strong support? But, when the price drop again and stay there for a while, people will call that a new strong support.

The support will only hold for so long unless there is positive news in the market but if the market sentiment is not great then you will see the support getting broken pretty fast.

Unlike in the past, now the cryptocurrency market is reacting to global financial market which is not a good thing personally but we have turned the cryptocurrency market into such level with the institutional investors and now the support depends upon other global factors as well.

Try to compare about TA effectiveness or precision on past years up to present which you could really able to tell that its precision do really comes even more higher just like when
you are doing trades on traditional markets which is something that technicals do really bite on even though not really that much but you could really able to tell the differences.
Fundamentals do significantly had been too obvious too on the sense that it do really mostly reacts whenever we do see some news or events.

7788bitcoin

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Quote from: barbara44 on May 15, 2022, 02:26:43 PM

~
Yes, I think there is no such thing as strong support because no matter how they claim that this price has the strongest support for btc, the price will still find a way to drop below their expectations. Maybe the price can stay at a certain position for a short period of time. Is that what they mean strong support? But, when the price drop again and stay there for a while, people will call that a new strong support.

The support will only hold for so long unless there is positive news in the market but if the market sentiment is not great then you will see the support getting broken pretty fast.

Unlike in the past, now the cryptocurrency market is reacting to global financial market which is not a good thing personally but we have turned the cryptocurrency market into such level with the institutional investors and now the support depends upon other global factors as well.

barbara44

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Quote from: kotajikikox on May 14, 2022, 11:09:42 PM

Wrong , it is not the strong support because we already see that bitcoin drops at 26k and now struggling to break 32k again.

But you are also correct that Bitcoin had survived all the bad thing happened since the creation ,

Bitcoin will stand strong in the next coming months though there are possibilities that this will took another year before the Mining Halving event happens, so let us see what is coming in our doorsteps .

Yes, I think there is no such thing as strong support because no matter how they claim that this price has the strongest support for btc, the price will still find a way to drop below their expectations. Maybe the price can stay at a certain position for a short period of time. Is that what they mean strong support? But, when the price drop again and stay there for a while, people will call that a new strong support.

This doesn't end and sometimes it is annoying already but nothing much we can do about it and I think it's going to be boring if all are going to keep quiet. We still have a long way before halving so expect that more bears are going to come.

kotajikikox

full member

Activity: 2548

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Quote from: SaveOurSea on May 11, 2022, 02:04:52 PM

I think Bitcoin can survive at $29k support, because Bitcoin has been there several times,
and many experts also say that $28k to $29k is the strongest support, but indeed anything can happen,
take care of your money management, and always plug it in. stop losing, we will see the bull market again and indeed it takes more time

Wrong , it is not the strong support because we already see that bitcoin drops at 26k and now struggling to break 32k again.

But you are also correct that Bitcoin had survived all the bad thing happened since the creation ,

Bitcoin will stand strong in the next coming months though there are possibilities that this will took another year before the Mining Halving event happens, so let us see what is coming in our doorsteps .

jaberwock

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Quote from: Mahanton on May 10, 2022, 05:39:27 PM

There be always a sunshine after a rain, if you've been here on this market for a couple of years or for a while then these kind of conditions isnt something that could surprise us.
For those new people then they would really be having those normal kind of reactions on which they do really believe that this market might be over but knowingly that recovery could
really happen anytime soon.It is really just that too hard on when it would happen.We do keep guessing on what would be the possible bottom for this one.
You could really always see lots of speculations around.

This is the thing that I have been trying to tell people for a long time. I have seen plenty of falls, I lived through 2018 and I feel like that was much worse, and I am still standing and in profit right now thanks to all the things I did back then and since that day.

It means that sure the prices are low right now and people are feeling like they are not getting what they deserve, but at the same time it is not the first and certainly will not be the last. We will go up a ton, like I mean we will be 100k+ for sure, and then we will drop 50% again, and be like 200-250k one day, and drop 50% again, it will keep going but the end result is always higher than the previous one.

SaveOurSea

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I think Bitcoin can survive at $29k support, because Bitcoin has been there several times,
and many experts also say that $28k to $29k is the strongest support, but indeed anything can happen,
take care of your money management, and always plug it in. stop losing, we will see the bull market again and indeed it takes more time

Mahanton

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Quote from: lornadane on May 10, 2022, 12:28:59 PM

Quote from: Mamun74 on May 10, 2022, 09:51:53 AM

Bitcoin price already touched in 68k+ in 2021 but it early dropped in very next year.Bitcoin staying $40k around this year even April month bitcoin price was around $40k but this month bitcoin price dropped and hold $31k.I hope bitcoin price will be recover in november's month this year.But market condition very hard to predict bitcoin price. I hope bitcoin price will be more grow like 2021.

Seeing the very complicated market situation now, it seems a bit difficult to expect that the price of bitcoin in November will rise again like last year.
But we must not give up hope and only think positive because every storm will pass as well.

There be always a sunshine after a rain, if you've been here on this market for a couple of years or for a while then these kind of conditions isnt something that could surprise us.
For those new people then they would really be having those normal kind of reactions on which they do really believe that this market might be over but knowingly that recovery could
really happen anytime soon.It is really just that too hard on when it would happen.We do keep guessing on what would be the possible bottom for this one.
You could really always see lots of speculations around.

lornadane

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Quote from: Mamun74 on May 10, 2022, 09:51:53 AM

Bitcoin price already touched in 68k+ in 2021 but it early dropped in very next year.Bitcoin staying $40k around this year even April month bitcoin price was around $40k but this month bitcoin price dropped and hold $31k.I hope bitcoin price will be recover in november's month this year.But market condition very hard to predict bitcoin price. I hope bitcoin price will be more grow like 2021.

Seeing the very complicated market situation now, it seems a bit difficult to expect that the price of bitcoin in November will rise again like last year.
But we must not give up hope and only think positive because every storm will pass as well.

Mamun74

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Bitcoin price already touched in 68k+ in 2021 but it early dropped in very next year.Bitcoin staying $40k around this year even April month bitcoin price was around $40k but this month bitcoin price dropped and hold $31k.I hope bitcoin price will be recover in november's month this year.But market condition very hard to predict bitcoin price. I hope bitcoin price will be more grow like 2021.

Franctoshi

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Honestly the Bears are really in total control there is no momentum in the market for the bulls to push the price back up taking a looking at the Volume.
Bitcoin is right now in a critical zone where we have a lot of accumulation ,demand and liquidity, if the Bulls fails to fight and keep hold of these levels,
I think a lot of traders will get liquidated because this is the last hope of the bulls right now.

Slow death

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Leading Crypto Sports Betting & Casino Platform

Quote from: savetheFORUM on May 09, 2022, 06:02:52 AM

Quote from: ?? on ??

Quote from: Chato1977 on May 06, 2022, 09:14:19 PM

I am starting to believe that price will go down below 30k or even below 20k in this quarter and in the next.

Not so fast. The fall of bitcoin below 20,000 is a very long process, it is unlikely to happen at all this year, although I am not sure that it can happen at all. These are too strong fundamental price levels and they obviously will not break through the market very quickly. I don’t know if there will be a need for either some super powerful event, like the March flash-crash 2020, or a very strong disbelief of investors who will get rid of bitcoin at a faster pace.

I do not think that it will ever happen again. We are not going to be under 20k just like how we never went under 3k again after that 2017 increase. This new 2021 turned that 3k into 20 even 25k and we are not going to go down under that. I mean the amount of money that is getting bought up until that point is so huge that, it would require people to sell hundreds of thousands of bitcoins for us to go under that and I am not seeing that happening.

Maybe like if there is a whole bitcoin problem that everyone runs away from bitcoin and all, that could be a possibility, but most probably we are not going to see something like that so the price will stay 30k+ for the foreseeable future.

in the past the price dropped a lot after a big increase because people who already had a lot of profit started selling, but what we are seeing is something completely different, I think that this war that is affecting the traditional markets is also affecting the crypto market, everything is getting more expensive, people are selling their assets to stay with fiat, at this moment what is important to people is to be with FIat because it is safer in terms of volatility, that's why I think there's no way to predict how far the price may drop but if it drops below $28000 then we have to prepare to see the $20000, only if it drops below $20000 can we see the $10000. something I still think will be impossible to see

arwin100

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Jack of all trades 💯

Quote from: aylabadia05 on May 09, 2022, 06:47:10 AM

Quote from: Ziskinberg on May 08, 2022, 10:07:26 AM

Quote from: aylabadia05 on May 08, 2022, 06:11:45 AM

But I'm sure that Bitcoin will increase to $40k in the next few months even though it's currently $34.8k.

I wouldn't be surprise if it will rise to $40k again, but at the same time, I'm also not surprised if bitcoin will drop below $30k.
if we are talking of a bear market, anything could happen, bitcoin could dump even below $20k if it gets worse, but one thing is certain, bitcoin always bounces back and as the bull run will come, we can expect that a new ATH will be achieved again.

It may take time just like what happen in the past, so as they always say, patience is the key.

I would also never be surprised to see Bitcoin price fall and would be surprised when Bitcoin hits a new ATH. Bitcoin price is currently $32.8k which means it is experiencing a 5.66% decline in 24 hours.
Patience must be strong, because Bitcoin is the investment coin of the future. Only new people will panic when they see Bitcoin has not been able to cover the current decline.

Normally this will be the destination of bitcoin after reaching new ATH and since there's no huge news coming plus the fear factor is so high we might see bitcoin continue to decline. And what more worse is if bitcoin would touch at $20,000+ level for sure many people will get panic an think about that we might experience again the long bearish market day just like what happen before. Hopefully the price will recover and people will not get panic on this situation.

aylabadia05

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Quote from: Ziskinberg on May 08, 2022, 10:07:26 AM

Quote from: aylabadia05 on May 08, 2022, 06:11:45 AM

But I'm sure that Bitcoin will increase to $40k in the next few months even though it's currently $34.8k.

I wouldn't be surprise if it will rise to $40k again, but at the same time, I'm also not surprised if bitcoin will drop below $30k.
if we are talking of a bear market, anything could happen, bitcoin could dump even below $20k if it gets worse, but one thing is certain, bitcoin always bounces back and as the bull run will come, we can expect that a new ATH will be achieved again.

It may take time just like what happen in the past, so as they always say, patience is the key.

I would also never be surprised to see Bitcoin price fall and would be surprised when Bitcoin hits a new ATH. Bitcoin price is currently $32.8k which means it is experiencing a 5.66% decline in 24 hours.
Patience must be strong, because Bitcoin is the investment coin of the future. Only new people will panic when they see Bitcoin has not been able to cover the current decline.

savetheFORUM

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Quote from: ?? on ??

Quote from: Chato1977 on May 06, 2022, 09:14:19 PM

I am starting to believe that price will go down below 30k or even below 20k in this quarter and in the next.

Not so fast. The fall of bitcoin below 20,000 is a very long process, it is unlikely to happen at all this year, although I am not sure that it can happen at all. These are too strong fundamental price levels and they obviously will not break through the market very quickly. I don’t know if there will be a need for either some super powerful event, like the March flash-crash 2020, or a very strong disbelief of investors who will get rid of bitcoin at a faster pace.

I do not think that it will ever happen again. We are not going to be under 20k just like how we never went under 3k again after that 2017 increase. This new 2021 turned that 3k into 20 even 25k and we are not going to go down under that. I mean the amount of money that is getting bought up until that point is so huge that, it would require people to sell hundreds of thousands of bitcoins for us to go under that and I am not seeing that happening.

Maybe like if there is a whole bitcoin problem that everyone runs away from bitcoin and all, that could be a possibility, but most probably we are not going to see something like that so the price will stay 30k+ for the foreseeable future.

Bitcoin2009

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I'm sure the negative trend will end soon, there's a lot of panic when bitcoin prices continue to decline this week, but for those who want to make big profits then now is a good opportunity to buy.

MinMan

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Quote from: kotajikikox on May 07, 2022, 08:37:37 PM

Quote from: Semar Mesem on May 07, 2022, 01:30:23 AM

It's been a really tough few days for us, the price continues to decline and now it's around $35k, if the price drops below $35k then I'm sure the opportunity to continue to fall will occur again, many panicked because they saw the fact the price was not in line with expectations, and we better have to be patient than someday will regret.

It has been seen above that 35k is still the strong hold , but of course we cannot predict what will happens next as we are still in Holding position when the market is showing weakness .
there are many investors that waits that sign to decide and if the price drops below 35k then surely they will full out their funds and the dumping continues .
But I still wanted to believe that there is something good cooking and will bring is good return.

The time where everyone is afraid of have come because the price finally falls below 35k. People aren't afraid with that for no reason but like what @Semar Mesem said, people will panic so price could plummet more.

You might still be holding but you cant expect that everyone else are doing the same but when the market is weak, others will feel the same, they will become weak too so the market becomes very vulnerable. When it comes to sign, a fall on the price like this, can be a good sign for some to start buying. I know this starts to become confusing but what can we do? This is just how crypto stuff works. Someone might be cooking right now but we don't know when it will finish but you can also cook on your own.

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