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Topic: Bitcoin fall below $30k - page 5. (Read 1021 times)

legendary
Activity: 2492
Merit: 1215
May 19, 2022, 04:15:59 AM
#66
I am getting tired of all this price falls, article and topic with price change discussion. No matter what everyone discuss or predict, Bitcoin is following his own price flow.
I have chosen tactics to observe and not interfere in trading for at least a year. No use be nervous and lose nerve cells thinking about price changes. I'd better switch on something else to try to learn new.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
May 19, 2022, 04:10:58 AM
#65
As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.
Crypto basically does have a higher speculative level, that's why we are not allowed to enter here without adequate knowledge, Bitcoin is a reference source for other coins, so it is natural for people to panic when Bitcoin is corrected quite badly, but what must be understood is such market conditions are reactions that often occur, it's just that the severity varies, stay calm and wait for the pause to end, don't do anything that can harm yourself in investing in crypto
member
Activity: 1165
Merit: 78
May 18, 2022, 01:13:34 PM
#64
I don't see the point? several times this year that Bitcoin had fell down below 30k so what is the problem with that? the recent drop down to 29k is when the price climbed back to m48.
so lets look at this as a good sign instead of negativity .
and also the more you gather now is the more you will earn in the future at least 5 3 years from now?
so buy and buy as long as you have funds that can be risked or willing to lose.

Bitcoins price falling more than once below 30k usd this year ? I can’t recall it.
This is the bearish time after a huge days gap, for this i guess many people are fearing and selling their coins?
But i guess this is really a mistake and for this the coin’s price is decreasing more.
The fact that people are forgetting is BTC is very rare asset, the more you hold the more you will get a later period of time.
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.
@peter0425, About 97% of all Bitcoin investors only care about making a profit and once the market is experiencing some major dump in price the only thing they have is the negative sense.
@Nrcewker, It is good you know we're in a bearish market and people also need to be careful of making an investment decision when the bottom price is still not certain but that doesn't mean they forget BTC was a rare asset.


legendary
Activity: 2618
Merit: 1181
May 18, 2022, 12:26:18 PM
#63
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.
However, you can't guarantee anything regardless of how good bitcoin's potential is now and in the future. You can only convince yourself to buy more bitcoin because of course everyone will only do it according to their interpretation and financial ability.

Every investment decision should not depend on other people including beliefs, analysis and advice because none of them can guarantee the benefits that will be obtained even though I myself also believe there is potential that we can take as profits. So I don't think we should suggest others such assurances and reassurances. It should not be used as financial advice.

full member
Activity: 854
Merit: 130
May 18, 2022, 11:50:02 AM
#62
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as they can in this harsh time.
And at last wait at least a month to see the profits and thank me later.
This is the best advice ever for users to hold more Bitcoin during this period of the bear market because in due time those who handle will gain massive returns but if you are a weak hand and rushed to sell off your Bitcoin holding you may regret why you took that decision to sell in a bear market.

Bitcoin is a rare asset as you have rightly said and you don't lose if you don't sell below the price so holding bitcoin never makes you lose only if you sell. Nice one ops.
copper member
Activity: 2268
Merit: 539
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May 18, 2022, 07:58:23 AM
#61
I don't see the point? several times this year that Bitcoin had fell down below 30k so what is the problem with that? the recent drop down to 29k is when the price climbed back to m48.
so lets look at this as a good sign instead of negativity .
and also the more you gather now is the more you will earn in the future at least 5 3 years from now?
so buy and buy as long as you have funds that can be risked or willing to lose.

Bitcoins price falling more than once below 30k usd this year ? I can’t recall it.
This is the bearish time after a huge days gap, for this i guess many people are fearing and selling their coins?
But i guess this is really a mistake and for this the coin’s price is decreasing more.
The fact that people are forgetting is BTC is very rare asset, the more you hold the more you will get a later period of time.
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.
sr. member
Activity: 2380
Merit: 366
May 18, 2022, 07:53:24 AM
#60
I don't see the point? several times this year that Bitcoin had fell down below 30k so what is the problem with that? the recent drop down to 29k is when the price climbed back to m48.
so lets look at this as a good sign instead of negativity .
and also the more you gather now is the more you will earn in the future at least 5 3 years from now?
so buy and buy as long as you have funds that can be risked or willing to lose.

I cannot remember the price of Bitcoin falling below $30,000 within the year, not including these very recent days. So are you referring only to this month when you said that several times this year Bitcoin's price had fallen down lower than $30,000?

There is not really a big problem with this but you cannot deny that a lot of people have been negative in their return since they bought Bitcoin. All those who purchased Bitcoin before May this year are losing.
sr. member
Activity: 2618
Merit: 439
May 18, 2022, 04:56:53 AM
#59
I don't see the point? several times this year that Bitcoin had fell down below 30k so what is the problem with that? the recent drop down to 29k is when the price climbed back to m48.
so lets look at this as a good sign instead of negativity .
and also the more you gather now is the more you will earn in the future at least 5 3 years from now?
so buy and buy as long as you have funds that can be risked or willing to lose.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 18, 2022, 03:18:13 AM
#58
As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.
so far it is 26k is the lowest mate but of course this is not stopping here lol , there are more to come in the days to come , remember that back in 2018 when we thought that 8k is the lowest from 20k ATH ? we fell down more after a month .

so Maybe there may come to fall because below 20k is  may coming lol.

I don't wanna blame many for selling out because there are investors that have not been enough for the losses last time so they secure their funds for this dump now.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 16, 2022, 02:34:54 AM
#57
the last 24 hours the price of BTC has started to rise about 9% above the $30k average. this is a just my opinion if BTC can maintain its value above the $30k average then I have no doubt that BTC could switch to a price of $32k - $33k in the next few weeks. maybe!
It is showing some signs of recovering in the past few hours and it is still hovering around $30k and it can even go down from this position. It is hard to predict now. Luna which i think started this spiral downtrend will not recover and their so called stable currency went down the drains and i cannot imagine how many lost their hard earned money in that.

price stays at 29-31k for the past few days and looks like we are in the observation period that either this will continue to climb? or this is a tap for another dumping in which the 20-25k value is coming as lowest of them all?

I just wanna look at the brighter side and that is to buy more (as i have a ready funds for 25k level for buying)

i will take both opportunity , either if to climb i will sell? or if dumping i will buy.
legendary
Activity: 3080
Merit: 1353
May 14, 2022, 10:55:36 PM
#56
Seeing the last few days trend, I can say that Bitcoin will struggle in the range of 27-29k USD.
This is just a bearish trend of Bitcoins, soon the resistance will break and again Bitcoins will rise.
...

The Federal Reserve is probably going to do another rate hike in June.
Higher interest rates are bad for crypto - and bad for all other risk assets.

Until the major central banks return to a loose monetary policy we will not see a considerable higher BTC price.
It makes me believe it's really possible for bitcoin to hit 25,000$ and deeper once this happens. On short-medium run the situation looks pretty bad for bitcoin. At same time it's a great opportunity for buying cheaper and to start accumulating some coins, especially for new adopters who were waiting for an affordable price to purchase their first holdings. It's also a good moment for enthusiasts to gift people they want to see adopting bitcoin with some satoshis. Anyway, I don't expect the inflated interest rates policy can last for a long time without harming the economy. Maybe from the next year on bitcoin begins the recovery process without corrections.

Well the FED are doing this to protect their economy,

Possible to hit $25,000 at this point, and the bad thing is that even if we hit that price,  we still don't know if that is the bottom or now. So if it happens that the price still goes down further, it will be really not short short to medium term bearish trend, it might be really for the next two years just like the last bear market we encountered, 2018-2020.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 14, 2022, 07:00:02 PM
#55
Seeing the last few days trend, I can say that Bitcoin will struggle in the range of 27-29k USD.
This is just a bearish trend of Bitcoins, soon the resistance will break and again Bitcoins will rise.
...

The Federal Reserve is probably going to do another rate hike in June.
Higher interest rates are bad for crypto - and bad for all other risk assets.

Until the major central banks return to a loose monetary policy we will not see a considerable higher BTC price.
It makes me believe it's really possible for bitcoin to hit 25,000$ and deeper once this happens. On short-medium run the situation looks pretty bad for bitcoin. At same time it's a great opportunity for buying cheaper and to start accumulating some coins, especially for new adopters who were waiting for an affordable price to purchase their first holdings. It's also a good moment for enthusiasts to gift people they want to see adopting bitcoin with some satoshis. Anyway, I don't expect the inflated interest rates policy can last for a long time without harming the economy. Maybe from the next year on bitcoin begins the recovery process without corrections.
hero member
Activity: 2828
Merit: 518
May 14, 2022, 06:49:37 PM
#54

I doubt that bitcoin will rise back to $40k in a week, and those who are predicting it have already made a sell order if that price hits and making instant profit for them, or simply they still believed that we are in the bull market which is obviously we are not.

So we will see how this trend will goes as least for the next two weeks. We have been closing the weekly candle for like seven weeks straight at red. So I'm not going to be surprised if this trend will go up to the end of May.
I agree, $40k is now far to reach. It can be possible somehow but we can't do magic in the market that it will work instantly even just for a week. Now, I'd look at the market as very unstable and the price of Bitcoin still moving from $29k - $31k (back and forth). I'd never find a stronghold of $30k that make it possible to move high even just of $32k as per to see it was still dominated by the dump, rather than recovery. I hope I was wrong but this bear season will likely stay the entire year 2022.
y5
newbie
Activity: 4
Merit: 0
May 14, 2022, 03:16:34 PM
#53
Seeing the last few days trend, I can say that Bitcoin will struggle in the range of 27-29k USD.
This is just a bearish trend of Bitcoins, soon the resistance will break and again Bitcoins will rise.
...

The Federal Reserve is probably going to do another rate hike in June.
Higher interest rates are bad for crypto - and bad for all other risk assets.

Until the major central banks return to a loose monetary policy we will not see a considerable higher BTC price.
hero member
Activity: 2660
Merit: 551
May 14, 2022, 08:15:42 AM
#52
As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

Seeing the last few days trend, I can say that Bitcoin will struggle in the range of 27-29k USD.
This is just a bearish trend of Bitcoins, soon the resistance will break and again Bitcoins will rise.
I am also advising all the people to buy as much Bitcoins as you can in this down time, as when bitcoins will start rising, it won't stop.
Many crypto traders are predicting that Bitcoin will again rise back to 40K usd in a week or so, as many people have already started buying the coin in this low price.
Let's see what happens next, whether Bitcoins will surely break his record or else continue decline.

I doubt that bitcoin will rise back to $40k in a week, and those who are predicting it have already made a sell order if that price hits and making instant profit for them, or simply they still believed that we are in the bull market which is obviously we are not.

So we will see how this trend will goes as least for the next two weeks. We have been closing the weekly candle for like seven weeks straight at red. So I'm not going to be surprised if this trend will go up to the end of May.
copper member
Activity: 2268
Merit: 539
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May 14, 2022, 06:03:09 AM
#51
As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

Seeing the last few days trend, I can say that Bitcoin will struggle in the range of 27-29k USD.
This is just a bearish trend of Bitcoins, soon the resistance will break and again Bitcoins will rise.
I am also advising all the people to buy as much Bitcoins as you can in this down time, as when bitcoins will start rising, it won't stop.
Many crypto traders are predicting that Bitcoin will again rise back to 40K usd in a week or so, as many people have already started buying the coin in this low price.
Let's see what happens next, whether Bitcoins will surely break his record or else continue decline.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 14, 2022, 12:16:22 AM
#50
But at least staying high above 25k and that is the strongest support I believe.

hero member
Activity: 2632
Merit: 833
May 13, 2022, 09:36:20 PM
#49
...
The bear market is not over yet we may not see a deep drop in the price but then we may not see the fast recovery as many investors are anticipating.
But I have the faith that Bitcoin will never go down deeper base on the last week's performance.
The current momentum shows no strong decline effort which is why we could still see a pump happens. We're not $30k, but any possible drop again reaching back to $28k is still possible. And the only reason I've found why this is going like this and it holds the price from declining is the surge of buying, investors have made their job so well and people had learned already how to control themselves.

$30k might be the magical number, the support like that will hold bitcoin. And if the prices goes above $30k, maybe we can relax. But I also believed that the bear market is not over yet, the price can still go down if there is another negative news coming our way. The market is very sensitive now to any news as obviously there is a panic selling here and there and we can't keep up from those who chooses to push the sell button. $30k is a must first and hopefully it will hold at least for a week.
sr. member
Activity: 2436
Merit: 343
May 13, 2022, 05:34:03 PM
#48
...
The bear market is not over yet we may not see a deep drop in the price but then we may not see the fast recovery as many investors are anticipating.
But I have the faith that Bitcoin will never go down deeper base on the last week's performance.
The current momentum shows no strong decline effort which is why we could still see a pump happens. We're not $30k, but any possible drop again reaching back to $28k is still possible. And the only reason I've found why this is going like this and it holds the price from declining is the surge of buying, investors have made their job so well and people had learned already how to control themselves.
full member
Activity: 854
Merit: 130
May 13, 2022, 04:28:13 PM
#47
the last 24 hours the price of BTC has started to rise about 9% above the $30k average. this is a just my opinion if BTC can maintain its value above the $30k average then I have no doubt that BTC could switch to a price of $32k - $33k in the next few weeks. maybe!
I don't think so the early hours of today saw Bitcoin bouncing back to 31,000 before it drop down to 30,000 but at the momemnt the price is below the 30k and it $28k or so.

The bear market is not over yet we may not see a deep drop in the price but then we may not see the fast recovery as many investors are anticipating.
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