I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
Well it happens all the time no one is expecting the dip but I think it happen earlier this is dip so the best way to earn money is to buy more and hold because we never really know that dip will end next week or next month and bull market will be back back to its normal run and reach 100k$.
Topic: Anybody else feel relieved this dip finally happened? (Read 785 times)
Prepare for the incoming $20k, if $30k won't hold, we will definitely see that price again.
It's not impossible as we've seen a lot of cheap prices before, but based on its trend, bitcoin always recovers and create another new ATH again.
We follow and understand the cycle, we can make a good decision, it's very simple.
I guess if 30k doesn't hold there is a good chance we will see 20k but that is already a big "if" that we have, we are not going under 30k and we did try to go under 30k many times, bears keep selling more and more to keep the price going down but there is enough people and corporations that keep buying that causes the price to stay above 30k, "if" we go under 30k right now is like saying "if there is an earthquake", it is something that is very possible, it happens, but it is also not something you expect everyday constantly, it is just a thing that you should be ready for but not live with everyday.It's not impossible as we've seen a lot of cheap prices before, but based on its trend, bitcoin always recovers and create another new ATH again.
We follow and understand the cycle, we can make a good decision, it's very simple.
I believe 30k will not be broken for now, I believe 30+ is where we will stay, and we will stay here for a long time as well. After a while, like maybe after the whole summer is over, in September or October we will see it either go up a lot or start to go down more, but until then I am expecting it to stay the same (between 30-40).
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
Well it happens all the time no one is expecting the dip but I think it happen earlier this is dip so the best way to earn money is to buy more and hold because we never really know that dip will end next week or next month and bull market will be back back to its normal run and reach 100k$.Prepare for the incoming $20k, if $30k won't hold, we will definitely see that price again.
It's not impossible as we've seen a lot of cheap prices before, but based on its trend, bitcoin always recovers and create another new ATH again.
We follow and understand the cycle, we can make a good decision, it's very simple.
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
Well it happens all the time no one is expecting the dip but I think it happen earlier this is dip so the best way to earn money is to buy more and hold because we never really know that dip will end next week or next month and bull market will be back back to its normal run and reach 100k$. I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
I'm not comfortable with the dip, but it's not happening at the end of the year and there's still hope for the market to get up and reach more milestone, we are six months to go before the end of the year, and every month new things are happening maybe this month is the month where Bitcoin will recover and people will finally realize that they should stop listening to FUDERS.
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
Oh yes, it was really too good to be true and it wasn't fun anymore to take some cash and buy some more Bitcoin as it was pretty obvious that Bitcoin will take a little nose dive. I was sure it won't go down all the way to where we came from, and I also thought it will stabilize, which it did, but if you want to invest wisely you also have to go with your gut. My gut said we'll be going down soon.
And we also understand that the price could dip more after a bull run, if in the last bull run bitcoin went to $20k more or less and dip at $3k+, the same thing could happen now in terms of percentage, so this $35k is still not cheap, we can still see lower than the previous ATH.
I am expecting a huge dump to come after the market hits its new ATH but then, it was a big opposite and I think, it could be likely impossible for it to come again. I hope I'll be relieved that bear season will come but unfortunately, we are not seeing it yet, we are still bullish.
I ask myself if I have to buy more Bitcoin during this time? Does it seem to have no more bear season to come?
I ask myself if I have to buy more Bitcoin during this time? Does it seem to have no more bear season to come?
A huge dump already happened. Bitcoin is down 50% from the last ATH. Though the price may not be considered as bearish because it's still up by more than 50% as well since we left the bear market in 2020. Instead, we are experiencing a major correction and the market seems consolidating after the huge run. So, I guess the current Btc price is very good for accumulation. $30,000 - $35,000 seems reasonable. $20,000 might not gonna be reached by the dip.
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
I'm not comfortable with the dip, but it's not happening at the end of the year and there's still hope for the market to get up and reach more milestone, we are six months to go before the end of the year, and every month new things are happening maybe this month is the month where Bitcoin will recover and people will finally realize that they should stop listening to FUDERS.
Can't stop them, they follow the market sentiment, when the market is bullish, they are bullish and if it's bearish, they'll do the opposite. Let's be smart, we don't need to follow our emotions, instead, follow the news, speculation, and the graph to make a better decision.
When it's bearish, it's not bad, it's part of the market cycle and we should have a ready strategy on what to do during the situation.
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
I'm not comfortable with the dip, but it's not happening at the end of the year and there's still hope for the market to get up and reach more milestone, we are six months to go before the end of the year, and every month new things are happening maybe this month is the month where Bitcoin will recover and people will finally realize that they should stop listening to FUDERS.
Absolutely agree.
The market correcting at a lower price actually means that the long term stability of prices would likely increase substantially.
If BTC were to adjust at a higher level that is not backed up by fundamentals and due to pure speculation, say over $100k, then the crash would have been even more daunting (>70%, perhaps) and media would likely spun it off as proof that BTC can never be a store of value.
This correction has been pretty mild in nature compared to the previous bear markets, and is completely justified. Nothing to fear here.
That absolutely has nothing to get fear as the market sentiment hasn't been like before that it continues to drop going deeper. 30-40% market correction? It was still far from what happens in the previous bear season. Considering what it shows this time, I'm in doubt if the market will mark again for another dip, I'd never see such a possibility but instead of thinking it pumps back to $40k above. The market correcting at a lower price actually means that the long term stability of prices would likely increase substantially.
If BTC were to adjust at a higher level that is not backed up by fundamentals and due to pure speculation, say over $100k, then the crash would have been even more daunting (>70%, perhaps) and media would likely spun it off as proof that BTC can never be a store of value.
This correction has been pretty mild in nature compared to the previous bear markets, and is completely justified. Nothing to fear here.
It's not possible to know yet if it's already the dip. Bitcoin is pretty stable around 35,000$ these days, but there isn't any indicator it's going to pump or dump next. For those focused on long run investments who don't want to miss the chance it's already a good moment to buy bitcoins, the price is really good and they can guarantee their holdings by entering the market now, although awareness is needed regards the correction reaching to deeper levels on soon. I'm not too relieved about this situation because it's always sad to see bitcoin losing value. At same time it had to happen sooner or later. It's part of the process, so let's wait and hope for a steady recovery.
I want to buy the dip, but waiting for it to reach $20k.
Don't worry, that will likely come, with the way bitcoin is moving now, it's likely that we will be in a bear market. We've seen this in the past, so it's not new, people should stop hyping and be realistic, prepare for the bear market and make the right decision.
$20k vs $100k probability, the latter is unlikely to be achieve.
so you are betting on 20k and not 100k
Okay how about 70k or 80k
vs 20K?
I have been tracking since 2012. I can say by sept we will know if this is a bear or we bounce back. All other guessing is a waste of time. From now till then.
personally I still guess bull and over 70 k before the years end. But I am not much of a smart guy.
Absolutely agree.
The market correcting at a lower price actually means that the long term stability of prices would likely increase substantially.
If BTC were to adjust at a higher level that is not backed up by fundamentals and due to pure speculation, say over $100k, then the crash would have been even more daunting (>70%, perhaps) and media would likely spun it off as proof that BTC can never be a store of value.
This correction has been pretty mild in nature compared to the previous bear markets, and is completely justified. Nothing to fear here.
The market correcting at a lower price actually means that the long term stability of prices would likely increase substantially.
If BTC were to adjust at a higher level that is not backed up by fundamentals and due to pure speculation, say over $100k, then the crash would have been even more daunting (>70%, perhaps) and media would likely spun it off as proof that BTC can never be a store of value.
This correction has been pretty mild in nature compared to the previous bear markets, and is completely justified. Nothing to fear here.
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
Oh yes, it was really too good to be true and it wasn't fun anymore to take some cash and buy some more Bitcoin as it was pretty obvious that Bitcoin will take a little nose dive. I was sure it won't go down all the way to where we came from, and I also thought it will stabilize, which it did, but if you want to invest wisely you also have to go with your gut. My gut said we'll be going down soon.
I agree but you don't know where the dip ends or what its magnitude is. You could panic if you think cool great opportunity to buy Bitcoin at $50k and then it goes further down all the way to $20k. It is easier said than done to just catch a dip at the right moment.
I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.
Natural behavior of the market but still there are people who still easily get freaked out when they do see these kind of drops which is something usual into this market.
those who have capital, of course, I'm sure they are very relieved, because they can buy the price of crypto currency cheaply,
so it's been a few months since the price of Bitcoin has always increased without any correction,
and after that I'm grateful that the price of Bitcoin has corrected to -50%, yes this is good for bitcoin,
because if it doesn't experience a bubble correction, that's what will happen.
so it's been a few months since the price of Bitcoin has always increased without any correction,
and after that I'm grateful that the price of Bitcoin has corrected to -50%, yes this is good for bitcoin,
because if it doesn't experience a bubble correction, that's what will happen.
I am expecting a huge dump to come after the market hits its new ATH but then, it was a big opposite and I think, it could be likely impossible for it to come again. I hope I'll be relieved that bear season will come but unfortunately, we are not seeing it yet, we are still bullish.
I ask myself if I have to buy more Bitcoin during this time? Does it seem to have no more bear season to come?
I believe we already had the "bear" market, currently we are not doing that well, why would we think that the same will not happen in the future? I mean we did badly with the 50%+ drop and now we are in the recovery stage, why is it so hard to imagine? Just because the previous bear markets happened in a long period of time, doesn't mean that it has to happen in the long period of time once again, it could be very quickly done and then be over with and move back to recovery stage. Remember 2017?I ask myself if I have to buy more Bitcoin during this time? Does it seem to have no more bear season to come?
We had a very quick increase, from November to December in 2 months we had bitcoin move from 3k to 20k very easily and that was it, just two months and it was over, look at 2020 and 2021, it took like 8 months of constant increases for it to reach the ATH price of 64k. Same could happen here but reverse, we have a drop very quickly and then move back to bull run.
I can't deny that I was happy with the dump. Not already it calls as a bear season but something it gives us a chance to reinvest Bitcoin. Either short-term or long-term investment depending on the market trend.
Imagine, if we buy Bitcoin as it reaches back to $32k, we are already in profit now for just a few week as we are gaining back to $38k. I think there are a lot of people who just miss that time as we are expecting a continuous downfall rather than recovery.
Imagine, if we buy Bitcoin as it reaches back to $32k, we are already in profit now for just a few week as we are gaining back to $38k. I think there are a lot of people who just miss that time as we are expecting a continuous downfall rather than recovery.
the cycle is turning and one opportunity for me to invest in bitcoin, where in the past I could see bitcoin going uphill and fearing it would never go down again. it turns out that bitcoin is still waiting for new people and wants to come down to deliver it back even though it has to walk a long way to be able to skyrocket its price again
I will not doubt that bitcoin could dip more, we might see it at $20k then $10k, anything is possible for this speculative market. People follow the market sentiment so it's easy for them to panic. As we witness during the bull run, that's panic buying, we could also witness panic selling, so be smart and always make that scenario a real possibility.
that's exactly right. generally they are consumed by negative issues raised on social media about the fall in the price of bitcoin again.
so that there was a panic sell, even though we all know behind all this there are figures who are playing a role in seeking big profits and we can also take opportunities in that role.
perception for possible movement then its up to your choice but someones profitability will vary on how you do act on a particular scenario.
Even though making one wont really be that simple but doesnt mean that you shouldnt really do something at all.
I can't deny that I was happy with the dump. Not already it calls as a bear season but something it gives us a chance to reinvest Bitcoin. Either short-term or long-term investment depending on the market trend.
Imagine, if we buy Bitcoin as it reaches back to $32k, we are already in profit now for just a few week as we are gaining back to $38k. I think there are a lot of people who just miss that time as we are expecting a continuous downfall rather than recovery.
Imagine, if we buy Bitcoin as it reaches back to $32k, we are already in profit now for just a few week as we are gaining back to $38k. I think there are a lot of people who just miss that time as we are expecting a continuous downfall rather than recovery.
the cycle is turning and one opportunity for me to invest in bitcoin, where in the past I could see bitcoin going uphill and fearing it would never go down again. it turns out that bitcoin is still waiting for new people and wants to come down to deliver it back even though it has to walk a long way to be able to skyrocket its price again
I will not doubt that bitcoin could dip more, we might see it at $20k then $10k, anything is possible for this speculative market. People follow the market sentiment so it's easy for them to panic. As we witness during the bull run, that's panic buying, we could also witness panic selling, so be smart and always make that scenario a real possibility.
that's exactly right. generally they are consumed by negative issues raised on social media about the fall in the price of bitcoin again.
so that there was a panic sell, even though we all know behind all this there are figures who are playing a role in seeking big profits and we can also take opportunities in that role.
I can't deny that I was happy with the dump. Not already it calls as a bear season but something it gives us a chance to reinvest Bitcoin. Either short-term or long-term investment depending on the market trend.
Imagine, if we buy Bitcoin as it reaches back to $32k, we are already in profit now for just a few week as we are gaining back to $38k. I think there are a lot of people who just miss that time as we are expecting a continuous downfall rather than recovery.
Imagine, if we buy Bitcoin as it reaches back to $32k, we are already in profit now for just a few week as we are gaining back to $38k. I think there are a lot of people who just miss that time as we are expecting a continuous downfall rather than recovery.
the cycle is turning and one opportunity for me to invest in bitcoin, where in the past I could see bitcoin going uphill and fearing it would never go down again. it turns out that bitcoin is still waiting for new people and wants to come down to deliver it back even though it has to walk a long way to be able to skyrocket its price again
I will not doubt that bitcoin could dip more, we might see it at $20k then $10k, anything is possible for this speculative market. People follow the market sentiment so it's easy for them to panic. As we witness during the bull run, that's panic buying, we could also witness panic selling, so be smart and always make that scenario a real possibility.
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