Topic: BITCOIN BULL MAY BE IN TROUBLE - page 5. (Read 860 times)
Sometimes bitcoin is maybe in trouble a lot of bad and good news with regards to crypto currency change the volume of investors that wanted to buy and hold btc. That is why we will always saw ups and down market trend but it is normal in the eye of the expert, they earn from the mistake of others they always buy the dip and wait for the bull season to dump with profit think of it
It made you happy when theprice touched 30k for a moment and then its just stays right there for awhile prolonging your happiness and made you confident to invest more. Now you wanted to get out as quick as possible.
I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.
But who wouldn't? All of us are happy about it because it's been a long time till we see that price again. To be exact, the price touch till $31k and stayed there for a few moment before it plunge down again. At least, those time frames are enough for us to sell some of our coins because we haven't done that as well.I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.
Some likes to invest when the coins are rising which is different from us because we only invest on the dip but I think it was still fine because we are still far till we get back to the old ATH and maybe those uncommon investors will stop once we are close to it? Bitcoin bull run is not in trouble as the OP describes but the drop we experience are just normal, so there is no need to worry.
But then if you miss the increase, that really hurts, like we had 50%+ profit from the bottom so far and that means if you waited too long then you missed that. You can still profit, but that's gone, however some people prefer missing that over waiting for over a year.
It made you happy when theprice touched 30k for a moment and then its just stays right there for awhile prolonging your happiness and made you confident to invest more. Now you wanted to get out as quick as possible.
I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.
But who wouldn't? All of us are happy about it because it's been a long time till we see that price again. To be exact, the price touch till $31k and stayed there for a few moment before it plunge down again. At least, those time frames are enough for us to sell some of our coins because we haven't done that as well.I think we are still in a good market pattern though. Charts are telling we're still going uptrend in few weeks. Its just a matter of waiting.
Some likes to invest when the coins are rising which is different from us because we only invest on the dip but I think it was still fine because we are still far till we get back to the old ATH and maybe those uncommon investors will stop once we are close to it? Bitcoin bull run is not in trouble as the OP describes but the drop we experience are just normal, so there is no need to worry.
According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
What an earth are you talking about? That doesn't have any information. "Price is movin up and down"? And you are basically saying that bitcoin bull may be in trouble or may not. Everyone knows this. It's called market conditions. No one can predict them 100%. Only thing worth talking about here would be "environment and government rules", but this is not news, it's been processing for a LOONG time now.
This just sounds like you would like to scare people but don't have anything concrete to back it up with. I would say that we have best fundamentals since the start of the Bitcoin. People who are scared now would have never ever holded from 2015 or before that.
-snip-
Up and down a normal activity and it is not a new occurrence. When April is better than May, it is not certain that in June the price will be worse or better than April or May.We only need to adjust what to do when the market goes up and when the market goes up.
This is where management and strategy and the expertise of an investor or trader are needed in taking advantage of various market situations.
Incorrectly taking advantage of market conditions can result in losses.
This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
It looks like Bitcoin's dismal trend back below $20K isn't going to happen any time soon although the downside is still ongoing this week in Bitcoin. Because one can see the decline that is happening slowly which logically is happening piecemeal so this should also be considered as a support that Bitcoin is still being defended by some people not to fall even deeper like it did through the bad trend last year.a new decline in the last week, regardless of what happened in previous years but I've only seen the movement of Bitcoin since the beginning of this year, the increase and decrease that has occurred in line slowly and it's quite stable and even decreased several times this year not too deep, I still believe it will also happen at this time.
This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
It looks like Bitcoin's dismal trend back below $20K isn't going to happen any time soon although the downside is still ongoing this week in Bitcoin. Because one can see the decline that is happening slowly which logically is happening piecemeal so this should also be considered as a support that Bitcoin is still being defended by some people not to fall even deeper like it did through the bad trend last year. Maybe it won't be a protracted problem as by now bitcoin transaction fees have dropped and are above $1 plus and maybe some investors will be quite relieved for those who trade daily for whatever purpose but I guess with the end of the hype at Brc20 ordinal it will ending soon so we will have more normal transactions again.
For the time being, of course, they are looking for alternatives as other transactions to avoid high spending, but this problem has been going on for several weeks so those who use a small sat/vB have to wait longer.
Not a problem with this bull market will definitely come when the time comes, and watch after the halving.
Well it is still around 10 bucks today last I checked, depends on where you use it of course there could be some lower and higher but that was around what it was. We peaked at 30 dollars at some point and that was definitely terrible so I am happy that it got lower and lower, but we need to keep lowering down a lot more. It's not at 1 dollar just yet but when we go back to that level, it is going to be great for sure without a doubt.For the time being, of course, they are looking for alternatives as other transactions to avoid high spending, but this problem has been going on for several weeks so those who use a small sat/vB have to wait longer.
Not a problem with this bull market will definitely come when the time comes, and watch after the halving.
We also need to seriously discuss about lightning network or any other alternative, because even with segwit we are not reaching anywhere better by staying put. I get that we lowered it from legacy, but we need to do even better, staying at the same place would never end with anything good, we need constant progress.
The bull run in general is not in any kind of trouble. What we have these days is a very similar situation to what we had back in 2017.
The bull run starts then as it is starting to gain momentum an attack starts against the network. Back in 2017 it was a spam attack flooding the mempool with garbage which would then increase the fees and make it hard for anybody to use bitcoin. And today it is the same with another attack called Ordinals where they too are flooding the mempool and doing the same.
Meanwhile market manipulators abuse the situation to crash the market, even though this time it was a small drop. We have to wait and see how much strength does the initial momentum have to counter the manipulation.
The bull run starts then as it is starting to gain momentum an attack starts against the network. Back in 2017 it was a spam attack flooding the mempool with garbage which would then increase the fees and make it hard for anybody to use bitcoin. And today it is the same with another attack called Ordinals where they too are flooding the mempool and doing the same.
Meanwhile market manipulators abuse the situation to crash the market, even though this time it was a small drop. We have to wait and see how much strength does the initial momentum have to counter the manipulation.
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This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
When bitcoin goes up, people predict it will continue to rise, when bitcoin goes down, people are skeptical and assume it will continue to fall. I advise you to stop listening to the predictions of experts or anyone because no one can predict the future, especially a volatile asset, and do not follow any rules like bitcoin.
The market has only 2 scenarios: up and down, if you are prepared for both, there is nothing to worry about. I don't know how far bitcoin will fall, but I want it to be as low as possible, I will be happy because I can buy at a low price to prepare for the next bull run.
This week there was a significant decline because it had dropped by more than 8%, the current price was only around $ 26800 and according to many predictions still had the opportunity to go down again, of course this made us worry because it had the opportunity to repeat the bad trends that is under $ 20k, if the price continues Going down then the best thing I do is to buy more.
Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
The recent downtrend in bitcoin volatility is not cause for concern because it is not the first time this has occurred. And the downtrend we are experiencing currently won’t affect the bull run that’ll be coming up maybe next year. The risk and reward in bitcoin is a risk, and every investor must have known and accepted that fact before the invested.
My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
When viewed in cumulatively, the increase in bitcoin transaction fees is very worrying and disappointing, as it has its own side effect that will certainly damage the adoption of bitcoin more. If a long-term solution is found quickly, it will be great for bitcoin because many people only have confidence and believe in bitcoin amongst other cryptocurrencies.
My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.
Maybe it won't be a protracted problem as by now bitcoin transaction fees have dropped and are above $1 plus and maybe some investors will be quite relieved for those who trade daily for whatever purpose but I guess with the end of the hype at Brc20 ordinal it will ending soon so we will have more normal transactions again.I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.
For the time being, of course, they are looking for alternatives as other transactions to avoid high spending, but this problem has been going on for several weeks so those who use a small sat/vB have to wait longer.
Not a problem with this bull market will definitely come when the time comes, and watch after the halving.
You panicking just in 2k usd price drop ? Cmon man, people here have seen massive drops from 70k usd to 10k usd, and still holding their coins, investing regularly, but you here coming and questioning here. Listen mate don’t forget that Bitcoins are limited in number. They will become very rare. A time will come when the demand of the coin will increase among the people, and no more Bitcoins will be the there to mined, at that time the price will just skyrocket to meet people’s demand. So don’t worry about these small price pulls. Hold your Bitcoins and you will surely see huge profit very soon.
According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
And so before they invest in Bitcoin, they are also sure that they understand how the situation had changed. Keeping in mind that the volatility of the market can never be changed so if they understand how it works, definitely, there is no reason why they have to worry about the sudden up and down of the price, instead, they remain calm and easy. Should we say in will be in trouble? That will happen to those who don't understand as they are just making it hard while the crypto market went so easy.
My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.
The bull market is in trouble? I don't know what you're talking about. What I know is that we are not even in a bull market right now. There's nothing to be in trouble. Bitcoin is not in a bullish market when it cannot break free, even break, $30,000. Bitcoin is obviously struggling at the moment. But it isn't really expected for Bitcoin to be soaring high at the moment. The bull market is not expected to arrive this early. It will be months after the halving, which is still a year from now.
I don't think bull market is not trouble exactly for holder or investor bought bitcoin with higher price, but give opportunity to us earn profit in short term with bull market and has chance to reinvesting with lower price. Difficult for bitcoin break out above $30k since last month success wake up at that price until current price back to $28k. Chance when halving moment near close for seeing Bitcoin will back to higher price or not, keep stuck with $30k or bull market is still trouble for bitcoin investor. Have few months later with halving time and will expected not any bull market at the future and Bitcoin raise to higher price again? 
The bull market is in trouble? I don't know what you're talking about. What I know is that we are not even in a bull market right now. There's nothing to be in trouble. Bitcoin is not in a bullish market when it cannot break free, even break, $30,000. Bitcoin is obviously struggling at the moment. But it isn't really expected for Bitcoin to be soaring high at the moment. The bull market is not expected to arrive this early. It will be months after the halving, which is still a year from now.
Correct, it's just the normal price movement that we are seeing although we have recovered already from the bottom. Now, the next target is $30k which is not far from achieving, it's just we don't have enough momentum for now, some small corrections to $27,500.
Not nothing to worry about and there's no trouble, we just need to learn and not to force the market to continue it's run because technically, we are still in the bear market. The bull market is said to start next year right after the halving. So that is at least a year from now and so it's better to expect that we might see some downside along the way.
The bull market is in trouble? I don't know what you're talking about. What I know is that we are not even in a bull market right now. There's nothing to be in trouble. Bitcoin is not in a bullish market when it cannot break free, even break, $30,000. Bitcoin is obviously struggling at the moment. But it isn't really expected for Bitcoin to be soaring high at the moment. The bull market is not expected to arrive this early. It will be months after the halving, which is still a year from now.
so long it stays in the line, bitcoin will be fine, you could observe the overall chart of bitcoin despite its corrections, usually the growth still linear.
currently right now it's just seeking position, the outcome could be bitcoin back to bearish again or maybe become bullish no one knows for sure but i'm sure that the overall future bitcoin will be growing massively.
it's just that currently market volatile as many have said, but then again such volatility could be taken advantage of if you're clever enough, the sideways movement of bitcoin is always such fortune for the traders in general.
they could easily make money off it, but eventually we all knows that bitcoin will come near its all time high again, that if some big money flows in the bitcoin and helps the market to grow.
currently right now it's just seeking position, the outcome could be bitcoin back to bearish again or maybe become bullish no one knows for sure but i'm sure that the overall future bitcoin will be growing massively.
it's just that currently market volatile as many have said, but then again such volatility could be taken advantage of if you're clever enough, the sideways movement of bitcoin is always such fortune for the traders in general.
they could easily make money off it, but eventually we all knows that bitcoin will come near its all time high again, that if some big money flows in the bitcoin and helps the market to grow.
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