I think this is the right time to invest because the price of Bitcoin has started to improve and is currently at 50k. I say that never panic and think about negative things about falling prices because in the crypto market with fast price movements it is very natural, let's wait together because I really believe this bear market will end soon.
At this time it is suitable to buy bitcoin, considering there is a correction that occurs in a few days, but in conditions like this we can take advantage of short-term investment patterns, to generate maximum profits, negative things that affect bitcoin down are common, but I think this will will improve again when market conditions are normal, at least we should be able to take advantage of this condition. 
Topic: Bitcoin is getting more bearish, what is the trigger? - page 4. (Read 1066 times)
it's very true at the moment the Bitcoin market continues to be on a downward trend but I think it's not reaching 40k but being at 45-50k I think it will last a long time. the risk of investing in Bitcoin is indeed very large at this time due to unstable price movements.
The fear of people is so high these days so expect that we can see a downturns at the moment since people cannot see a sustainability since the market move unpredictably. But anyways its still good that we can still see something good price figures even though the market is on bad shape. So let see if we can see how the market end at the first quarter next year since I think we can see the real situation on what will happen at that year.
We can see that there is a bearish channel pattern in bitcoin and this is Bitcoin's current position, which is already in a bearish phase. Before there is a breakout of the resistance, the current Bearish will continue to occur.
If you want to invest or trade, it's better to be careful because the potential price towards the $40k level is still possible.
it's very true at the moment the Bitcoin market continues to be on a downward trend but I think it's not reaching 40k but being at 45-50k I think it will last a long time. the risk of investing in Bitcoin is indeed very large at this time due to unstable price movements.
If you want to invest or trade, it's better to be careful because the potential price towards the $40k level is still possible.
I don't think so, currently the Bitcoin price is at 50k and tends to be stable with no significant shifts so I think this will be a Bitcoin price point that allows it to last long before a big pump occurs.
Bitcoin is getting more bearish because it is December as many investors are waiting for December to cash out. If you look at the bitcoin price history for every bullish year you might notice December is the month with the highest bitcoin sell up. During the bitcoin bullish market, many people are investing in bitcoin and wait for December to cash out, this is not something new it is just history repeating itself.
And fear follows to those who are just new to this business.
while early holders cashing out their profits, new investors who bought at the current peak are the one who lose their money, emotion drives them to sell and follow the pressure from this bearish market.
Anything you do while you are inside this environment needs to think carefully before deciding. It's not an easy venture but a continuous market flow that you needed to understand well to work even better.
Bitcoin is always affected from the different negative news and the banning of bitcoin in China is one of the reason that affect the bitcoin price, but I believe that soon bitcoin will back to the 60k$ price maybe before year end we will see bitcoin in a new ATH.
Please stop that CHINA BANNING topic because that is not really the reason for the bearishness , yeah at first that took effect but it does not go any longer .the bearish happens because of the whales as manipulating is what comes here , stop china issue please.
Bitcoin is always affected from the different negative news and the banning of bitcoin in China is one of the reason that affect the bitcoin price, but I believe that soon bitcoin will back to the 60k$ price maybe before year end we will see bitcoin in a new ATH.
Bitcoin is getting more bearish because it is December as many investors are waiting for December to cash out. If you look at the bitcoin price history for every bullish year you might notice December is the month with the highest bitcoin sell up. During the bitcoin bullish market, many people are investing in bitcoin and wait for December to cash out, this is not something new it is just history repeating itself.
We can't pinpoint the culprit/s of this seemingly bearish market movement. But if you compare the price even from last year, can you say we are in the bearish mode? I don't think so. Because last year, we ended up below $30k level, so comparing its price today, which is already in the $50k price range again, we can say it is in the bullish mode as compared to last year. So yes, it depends on what time frame you are comparing here. But for me, I just be grateful that we achieve this level where I believe most old time btc holders never imagined that btc will attain this price.
Bitcoin is getting more bearish because it is December as many investors are waiting for December to cash out. If you look at the bitcoin price history for every bullish year you might notice December is the month with the highest bitcoin sell up. During the bitcoin bullish market, many people are investing in bitcoin and wait for December to cash out, this is not something new it is just history repeating itself.
This is a big opportunity for those that have the money to buy right now, now that a lot of alt coins and bitcoin is going down, I think that it's a good time to start buying right now especially with a possibility of pump in the next year or even this month, you don't want to miss out. As for me, I have everything in place, just need to get more money to buy more bitcoins.
True, most traders have made wise investment decisions during bear markets like today. Investors and traders who are willing to take the risk of speculating on Bitcoin and altcoins make huge profits if they buy and sell at the right time. Traders can earn huge profits by observing market movements and taking advantage of price changes.Yes, smart investors knows how to take advantage of the market situations to gave them a winning profit in the end. Maybe it's not what we expect as this time, maybe they are just waiting for the right now to fill their bags again, maybe they are waiting for the price range of $30k to buy bitcoin again.
Nevertheless, I still believed that we can still be in the bullish phase if that scenario happen because many are going to buy and push the price again next year.
A lot of the new investors will really be devastated if the price will sink to 30K.
Seem panic only that drives this bearish move. The Senate hearing about the infrastructure bill looks good already, so it could just be many of the whales trying to make holder panics especially that there are lots of newbies coming into this market hoping to hedge from the current inflation. Too bad for these new investors, China's crisis is also making the world economy worse.
You should have a plan for buying bitcoin and not buy in a rush because we need to calm down to see the chance of buying bitcoin at a low price.
We can buy bitcoin step by step based on the current situation as the price can get down for more.
If we can make many orders buy at a much lower price, we will get many satoshis and that means, when the price increase, we can start selling and make a profit.
But if your plan is just to accumulate bitcoin and sell at the highest price, you do not have to sell if the price does not reach your price
That is called DCA, dollar cost averaging. This is a method where you end up buying bitcoin not with all of your money, then if it drops then you buy more to drop your average, then if it goes down some more then you buy some more and so forth. Better to do it based on how much money you are making monthly or weekly or whatever periods you are getting paid.We can buy bitcoin step by step based on the current situation as the price can get down for more.
If we can make many orders buy at a much lower price, we will get many satoshis and that means, when the price increase, we can start selling and make a profit.
But if your plan is just to accumulate bitcoin and sell at the highest price, you do not have to sell if the price does not reach your price
If you do that, then you could keep on buying bitcoin at whatever price and if it is low then you are getting profits, if you are not doing it at the right time then you are going to keep on losing money. Going all-in at any price would mean that you are missing out on buying lower, otherwise with DCA you are getting it at every price so you always have a chance to make a profit that way and make a quick one as well.
Even some "experts" predicted bitcoin might reach a $100k value its not a guarantee that it can really happen. Though I also believe it will in the future but I think it cant make it before this year end.
On the other side, the current value is still good to say the bullish season is over. If the price plunged below $40k then I think thats the time bearish season is starting.
Anyway there are still 3 weeks left for this quarter and still many things can happen during that period so im still optimistic.
On the other side, the current value is still good to say the bullish season is over. If the price plunged below $40k then I think thats the time bearish season is starting.
Anyway there are still 3 weeks left for this quarter and still many things can happen during that period so im still optimistic.
What we think is spread all over the place. Experts know not more than us (and for sure not less). As long as we all realize we are just speculating there is nothing to stop us from achieving our intentions. So for me,,, the intention is to hodl until 100k. No matter when this happens. 2022 or 2032,,, or until I retire in still 30 years
So this 3 weeks now is nothing for me!
To be fair we can't really compare any of these cases with the current situation. From $20k which was the most different resistance since it was the previous ATH and historically they are extremely hard to break due to the sell offs close to these prices.
The rest of the troubles were mostly because of the nonsense news such as the 2 big FUDs we had in the past years one about the energy consumption which is now completely forgotten! And another one about this country and that country banning bitcoin which is again completely forgotten now.
I am not saying that it will be 1 to 1 ratio exactly the same thing, that's impossible. However, I am saying that it is also not an impossible task and we did "similar" things before and it could happen again. Sure these resistance and support points are "something" but they are not everything. Hopefully we will reach to a place where we will do better and reach to a higher price and those resistances and ATH and psychological barriers will not hold forever.The rest of the troubles were mostly because of the nonsense news such as the 2 big FUDs we had in the past years one about the energy consumption which is now completely forgotten! And another one about this country and that country banning bitcoin which is again completely forgotten now.
Of course, it will be a difficult challenge, but it will not be something that we will have to force breaking forever, maybe once, maybe twice but eventually we will break through it. Same happened before, same will happen again. I also do not see the 2018 bear run happening right now, I am just guessing that it would be similar in case the price drops a lot but it has been sustained so far, which makes things easier.
I don't care if this triggered by anything , Bitcoin will return to what the momentum recently .
Buy bitcoin guys this is our chance to take more Bitcoin.
Buy and Hold.
Let's take this opportunity guys , Please ..
In the current bearish bitcoin price condition, we should be able to wait until a reversal point appears. Well, that's when you start buying again. However, even though the bitcoin price is currently falling, it doesn't mean it's a wise move if we put all our money to invest there.Buy bitcoin guys this is our chance to take more Bitcoin.
Buy and Hold.
Let's take this opportunity guys , Please ..
We can buy bitcoin step by step based on the current situation as the price can get down for more.
If we can make many orders buy at a much lower price, we will get many satoshis and that means, when the price increase, we can start selling and make a profit.
But if your plan is just to accumulate bitcoin and sell at the highest price, you do not have to sell if the price does not reach your price
This is a big opportunity for those that have the money to buy right now, now that a lot of alt coins and bitcoin is going down, I think that it's a good time to start buying right now especially with a possibility of pump in the next year or even this month, you don't want to miss out. As for me, I have everything in place, just need to get more money to buy more bitcoins.
True, most traders have made wise investment decisions during bear markets like today. Investors and traders who are willing to take the risk of speculating on Bitcoin and altcoins make huge profits if they buy and sell at the right time. Traders can earn huge profits by observing market movements and taking advantage of price changes.Yes, smart investors knows how to take advantage of the market situations to gave them a winning profit in the end. Maybe it's not what we expect as this time, maybe they are just waiting for the right now to fill their bags again, maybe they are waiting for the price range of $30k to buy bitcoin again.
Nevertheless, I still believed that we can still be in the bullish phase if that scenario happen because many are going to buy and push the price again next year.
A lot of the new investors will really be devastated if the price will sink to 30K.
Seem panic only that drives this bearish move. The Senate hearing about the infrastructure bill looks good already, so it could just be many of the whales trying to make holder panics especially that there are lots of newbies coming into this market hoping to hedge from the current inflation. Too bad for these new investors, China's crisis is also making the world economy worse.
This is a big opportunity for those that have the money to buy right now, now that a lot of alt coins and bitcoin is going down, I think that it's a good time to start buying right now especially with a possibility of pump in the next year or even this month, you don't want to miss out. As for me, I have everything in place, just need to get more money to buy more bitcoins.
True, most traders have made wise investment decisions during bear markets like today. Investors and traders who are willing to take the risk of speculating on Bitcoin and altcoins make huge profits if they buy and sell at the right time. Traders can earn huge profits by observing market movements and taking advantage of price changes.Yes, smart investors knows how to take advantage of the market situations to gave them a winning profit in the end. Maybe it's not what we expect as this time, maybe they are just waiting for the right now to fill their bags again, maybe they are waiting for the price range of $30k to buy bitcoin again.
Nevertheless, I still believed that we can still be in the bullish phase if that scenario happen because many are going to buy and push the price again next year.
I don't care if this triggered by anything , Bitcoin will return to what the momentum recently .
Buy bitcoin guys this is our chance to take more Bitcoin.
Buy and Hold.
Let's take this opportunity guys , Please ..
In the current bearish bitcoin price condition, we should be able to wait until a reversal point appears. Well, that's when you start buying again. However, even though the bitcoin price is currently falling, it doesn't mean it's a wise move if we put all our money to invest there.Buy bitcoin guys this is our chance to take more Bitcoin.
Buy and Hold.
Let's take this opportunity guys , Please ..
It was very common that people are buying during the dip, I'm also doing the same but of course, we can't just set aside doing TA if buying today is a good time or have to wait for the signs of recovery. Well, it was a choice that everyone does. Everyone has their own market understanding and I think, we make decisions based on that. That is why, if we got wrong then have nothing to regret, just move on...nobody is perfect.
I don't care if this triggered by anything , Bitcoin will return to what the momentum recently .
Buy bitcoin guys this is our chance to take more Bitcoin.
Buy and Hold.
Let's take this opportunity guys , Please ..
In the current bearish bitcoin price condition, we should be able to wait until a reversal point appears. Well, that's when you start buying again. However, even though the bitcoin price is currently falling, it doesn't mean it's a wise move if we put all our money to invest there. Buy bitcoin guys this is our chance to take more Bitcoin.
Buy and Hold.
Let's take this opportunity guys , Please ..
With bitcoin's price continue to dump, there's nothing we can do about it but to take an advantage of buying it with a low price. Actually, the lower the price, the better. Because we really don't know what triggers deeply the market today, i think if its only the new covid variant then the result would only be temporary. But having a serious correction like this, although its part of the market cycle, still makes people more panic and the weak ones are usually the most affected. So it takes more patience and understanding the current market condition before we can see a real bull season that will still be happening soon once the market has recover.
If you have that trust in you, and you do believe that you can handle the pressure,
Buying at this point is still good position. There are more downfalls or possible decline, but once the market starts to bounce back,
you will be on the positive profits.
More on your own assessment, as I mentioned, your money your take.
If you think that it's a buying stage now, go on and buy. Just don't forget to bring enough patience to wait.
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