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Topic: Bitcoin is falling down. Is it the end for it? - page 6. (Read 668 times)

legendary
Activity: 2912
Merit: 1068
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It's definitely not the end. Maybe at the moment we are experiencing sone corrections and in fact I expected to come even sooner but in any case we can't talk about end in any sense.
Bitcoin still holds very high price, it attracted more investors than any time before and this we might call one of the most progressive times for Bitcoin. But volatility is something that is natural for Bitcoin and something that any person involved with Bitcoin must be aware of, without panicking every time when Bitcoin price falls.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
How could this be the end of Bitcoin? Its price reached an all-time high - one of the major investors decided to take profit and did it on one day, which led to some panic. But this is definitely not the end or even a collapse. Simple market correction. Look at the bitcoin price at the beginning of a year or two years ago and it will immediately become clear that this is a normal correction. Yes, it can be a reversal in the direction of a bearish trend, but it can also be great money! Do not despair!

i have to agree here. just a normal correction. because it is not normal that we will only see upward trend forever, at one point, it will drop. but look at the drop. it doesn't even fall below 50k. it means, btc has very strong support at this level.
with so many financial institutions that are now into this game not including merchants, i dont think we will see a massive correction here. even with this drop, we haven't seen this price in the previous years. we only have seen the 50k range this year. so what are we complaining here and thinking bitcoin has already ended its rally?  Roll Eyes
legendary
Activity: 3346
Merit: 3130
The drop was imminent, it was about time for it to happen. And I wouldn't say this was the true drop, it's possible to see it going down to $30k or more. So, let's keep an eye on it because crazy times could come.

As I always say... What we know it bitcoin will move, up or down, but it will move, what really would be weird is to see it stuck on a price.
full member
Activity: 854
Merit: 109
Trident Protocol | Simple «buy-hold-earn» system!
The whales only paid for the inexperienced. Panicked and selling friends lost their money, the rich got richer. These kinds of falls happen, which is always important, and there is no fall as a result of bad news.
sr. member
Activity: 658
Merit: 251
How could this be the end of Bitcoin? Its price reached an all-time high - one of the major investors decided to take profit and did it on one day, which led to some panic. But this is definitely not the end or even a collapse. Simple market correction. Look at the bitcoin price at the beginning of a year or two years ago and it will immediately become clear that this is a normal correction. Yes, it can be a reversal in the direction of a bearish trend, but it can also be great money! Do not despair!
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.

First of all, it's clearly no. From the beginning of 2021, we can see that btc took 20%-25% correction each and every month whether it's done at the starting of a month or ending. And this time, samething is happening before taking a bullish rally for $66k or $70k. Lets just wait for the sideways movement of btc, than enjoy the bullish rally. Wink
member
Activity: 302
Merit: 46
NO SHITCOIN INSIDE
I don't think so. The tweet that seems to have sparked the large drop has not been verified and the miners are coming back online. Bitcoin appears to be recovering nicely so far.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
Day and swing traders are the ones now manipulating bitcoin price with $50000 support and $60000 resistance. The institutions are not coming in more for now, that is why the price is falling back and yet not growing. We can not say this is the end of the price increase because possibly more institutional whales and other whales can come into investing in bitcoin which can still push the price further above $60000. But, bitcoin is deflationary in design, over a long period of price fluctuations, the price will still have a net increase.
legendary
Activity: 2030
Merit: 1189
The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
Think about it. Has BTC done this before - YES. Has there been a strong recovery -YES.

With such a strong rally of reaching a new ATH, seeing a small drop is only natural.

The growth is still on the way, and for those who believe in BTC would think this is a good opportunity to jump in and buy.

The point is that what we see today is normal and it's likely a sign of a strong rally.
newbie
Activity: 42
Merit: 0
The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.

Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
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