Right, bitcoin is indeed down a lot this January. Like his rapid rise. But bitcoin is immaculate when correcting its price to decline. He sideways in nearly
two weeks with a significant increase. This situation is good, you don’t have to panic about the decline that bitcoin is doing. Because investors also
want to make a profit. So they did. If you’re going to hold on long term, it’s nothing to worry about. If you hold a short term, the current situation gives
you the opportunity to enter and exit at the price position you have targeted.
Topic: Bitcoin is down a lot - page 2. (Read 688 times)
Well its recovering fast at this moment . Its already back at $34000. Wondering where this would end.
Yes, just show us that bitcoin is really very resilient, although I'm expecting a good recovery after the fake news of double spending has been debunked by Andreas. It's weekend though, so I'm not going to expect a super fast bounce back. Monday will be the time, so this is still a perfect time for us to buy some small portions if we can, #stacking sats. And I will say that $41k-$42k will be the next stop after this consolidation.
Its a pretty resilient comeback, recovered above monthly and retained 50 day as support. just passing 2 day average tonight, its fairly bullish still. Overall its in consolidation is my take and I think it takes its time overall to even out between bulls and bears.
Well its recovering fast at this moment . Its already back at $34000. Wondering where this would end.
In my opinion, didn't gray capital invest a lot of bitcoin during this period? In such a short period of time, why has it dropped so much?
Does anyone analyze his current market information?
For bitcoin believers, these increases are nothing, but we'd like to know why. If you have a good idea, let's share it
Knowing everything is impossible because we dont know on whats actually happening behind the curtains.Yes, we can presume that those big institutional money Does anyone analyze his current market information?
For bitcoin believers, these increases are nothing, but we'd like to know why. If you have a good idea, let's share it
is already flowing into this market thats why tendency or chances of crashes or serious corrections might really be connected into those big players into this market.
This isnt something new though even on traditional markets, those who hold a lot would always have the significant position on any things that they do engage on.
Bitcoin down a lot? Its a word that can really be read up mostly in noobs that who havent been familiarized into this market but if you've been here for a while
though then you would see this just an ordinary day.
With every drop we have this kind of threads... I don't understand it, from $10k to $40k in less than a month, and now drop to $31k is surprising!? Well it's going up again, it's +$33k!
This is a crazy time, I am expecting correction, to be honest about that, but as I see the price is holding pretty well at +$30k, and I am not sure what can happen in the next few months, but I sold the top and I have money for buying, so if it drops I am buying... I have some BTC if it rises I have what to sell, I like to think I covered my positions, and I advise others to do the same... even thou I think it's not the right time for buying for the long run, as I said I expect some correction, I can be wrong about that! Anyway people should make their own decisions what is the best thing to do right now!
This is a crazy time, I am expecting correction, to be honest about that, but as I see the price is holding pretty well at +$30k, and I am not sure what can happen in the next few months, but I sold the top and I have money for buying, so if it drops I am buying... I have some BTC if it rises I have what to sell, I like to think I covered my positions, and I advise others to do the same... even thou I think it's not the right time for buying for the long run, as I said I expect some correction, I can be wrong about that! Anyway people should make their own decisions what is the best thing to do right now!
why so scared? i think 24k will be actually a good salty correction
I don't think it will come to that within these 3 months' time. maybe about 27-28k then bounce back again. Pandemic is still in action so I don't see any good reason why would it fall below 27k. Though I'm still hoping for a 38-40k high trend for this week.
Bitcoin off course down too much amd even some experts said that orice may be fall to 20k. This will be great concussion to short time investor. But thanks God price now again pimping slightly which signs that price can be raised .
Long term investors should not worried about that.
Long term investors should not worried about that.
why so scared? i think 24k will be actually a good salty correction
I don't think it will come to that within these 3 months' time. maybe about 27-28k then bounce back again. Pandemic is still in action so I don't see any good reason why would it fall below 27k. Though I'm still hoping for a 38-40k high trend for this week.
why so scared? i think 24k will be actually a good salty correction
Bitcoin price is increase fast. But bitcoin price is slowly down the price. So wait and watch the price increase and decrease the price. If price will be decreased that time you will invest it. Then wait for the price increase. That time you sell or exchange the any coin or money.
In my opinion, didn't gray capital invest a lot of bitcoin during this period? In such a short period of time, why has it dropped so much?
Does anyone analyze his current market information?
For bitcoin believers, these increases are nothing, but we'd like to know why. If you have a good idea, let's share it
For what I have read it seems that they began buying bitcoin again after the first drop in the price however they are not the only investors in this market if whales have decided to begin to get rid of some of the coins because the price is too attractive for them then not even them are going to have enough money to be capable to absorb all of those coins, and when the supply exceeds demand then we know the price begins to go down, which is exactly what we saw. Does anyone analyze his current market information?
For bitcoin believers, these increases are nothing, but we'd like to know why. If you have a good idea, let's share it
What bitcoin investors want is greed to be taken personally or by the bitcoin investor community, but only 1% of them are moving the market. So this will only be the first time that supply is even higher to break the $ 50,000 - $ 60,000 line. but almost of us all expect even more corrections to make room for small traders to have more bitcoins under 0.01 bitcoin. unfortunately this opportunity doesn't look like last year.
where did you go when bitcoin increased in a short time after getting the 2017 ATH?
patterns like this have become a tradition depending on how we respond, if you panic then regret will always come too late, but on the other hand, if this is an opportunity to get a cheap price, of course you know what to do!
patterns like this have become a tradition depending on how we respond, if you panic then regret will always come too late, but on the other hand, if this is an opportunity to get a cheap price, of course you know what to do!
I think bitcoin's downturn is normal nowadays and is still trending at a good price, and even though there are big investors selling it, it has become commonplace and that's how investors work to make big profits when bitcoin prices go up.
Don't panic buddy, everything will be fine and bitcoin will bounce back and there will be lots of new investors who will be involved in bitcoin, you should take advantage of buying bitcoin when it goes down and holding it.
Don't panic buddy, everything will be fine and bitcoin will bounce back and there will be lots of new investors who will be involved in bitcoin, you should take advantage of buying bitcoin when it goes down and holding it.
Hopefully, you are aware that the market is not formed by just some people, I mean some people who just want bitcoin to keep going up all the time. However, the bitcoin market is formed by everyone who owns bitcoin and of course, they will have different psychology from each other. Like you, who want bitcoin always up then you will hold it as you can, no matter what will happen you will keep your bitcoin in your wallet, right?
But as I said, there will be many people who will sell their bitcoin because they have got profit as they want, can you imagine how is the psychology of bitcoin investor who bought bitcoin at $ 20,000 and he sees the price of bitcoin is already reached $42,000? I guess they will take profit first. Also, for some people who understand technical analysts, they will also think that bitcoin is already overbought so it needs to be corrected and they sell it to save their profit. You don't need to worry if you see bitcoin price fall because sometimes a decrease in price is very reasonable for a healthy price movement.
But as I said, there will be many people who will sell their bitcoin because they have got profit as they want, can you imagine how is the psychology of bitcoin investor who bought bitcoin at $ 20,000 and he sees the price of bitcoin is already reached $42,000? I guess they will take profit first. Also, for some people who understand technical analysts, they will also think that bitcoin is already overbought so it needs to be corrected and they sell it to save their profit. You don't need to worry if you see bitcoin price fall because sometimes a decrease in price is very reasonable for a healthy price movement.
looks like this is a correction, bitcoin decline is nothing to worry about right now. this is just a natural moment for now, so I think the decline in bitcoin in the near future will definitely be offset by the increase. you can analyze on the bitcoin price chart.
I don't think you should think about that one company that invest in bitcoin since there are a lot of other people out there that can make a move that could also affect the price. Another thing is that we've been having a price increase for a period of time and this price decrease that is happening might just be a correction.
In my opinion, didn't gray capital invest a lot of bitcoin during this period? In such a short period of time, why has it dropped so much?
Does anyone analyze his current market information?
For bitcoin believers, these increases are nothing, but we'd like to know why. If you have a good idea, let's share it
Does anyone analyze his current market information?
For bitcoin believers, these increases are nothing, but we'd like to know why. If you have a good idea, let's share it
The current drop in Bitcoin price is just a usual correction stage in the market. It is very important for bitcoin to drop a bit if want to sustain bull run. The price might go further low and might test 25k$ in the coming weeks to retain the momentum of bull. Signals are bullish at the moment.
price is still over 30k $ and you will say its down alot ? i know we are at 40k $ last time but the 10k $ decrease is i think not that huge but 25k $ drop or more are the one that is huge and just because there are big investors here in btc does that mean the price will not drop anymore ? oh hail no thats not how it work .
we must be thankful infact that there are big investors because if there isnt , the price could have gone dowm so hard .
agree, because we know that last year bitcoin made an unusual surprise that it is often done, it can go up only takes a few hours with a very high price difference, so it's down in a few weeks and not even down to $ 30K is a surprise. Current prices are fluctuating and changing in a relatively safe and very consistent range, so there is no need to worry.we must be thankful infact that there are big investors because if there isnt , the price could have gone dowm so hard .
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