Not only bitcoin but majority of the cryptos in the market
My take on this is correction. If we would recall, the market price of cryptos continuously increased in a consistent manner which makes it less surprising to know that correction would occur given that there is a long overbought on a particular price area. Right now, we won't know how low will the price fall so for now, waiting for things to calm down or stabilize would be the best thing to do than to go either against or with the flow of the market price. Waiting for its bottom would be a hard thing to do so atleast manage the expectations; things won't be certain. Price of Bitcoin could fall 'til 28k or even 24k if market would allow. So for now, wait.
Topic: Bitcoin is going down. - page 8. (Read 1183 times)
The Bitcoin market has been seeing some changes for just two days. And this change is negative for Bitcoin. From where the market used to hover between $30-31K the market has suddenly reached $28K.
Suddenly, some bad news about Bitcoin has hit the market, which is why people are selling their Bitcoins. A few days ago the market moved from $30K to $28K but from there the market recovered again but according to your information the market may go down further from $28K. But I still want to trust Bitcoin. Hopefully the dumping in the Bitcoin market is temporary. Market will recover soon.
Suddenly, some bad news about Bitcoin has hit the market, which is why people are selling their Bitcoins. A few days ago the market moved from $30K to $28K but from there the market recovered again but according to your information the market may go down further from $28K. But I still want to trust Bitcoin. Hopefully the dumping in the Bitcoin market is temporary. Market will recover soon.
Bros, compatriots, and fellow earthlings, lend me your auditory organs! I've got a ripping yarn about Bitcoin's rollercoaster ride.
You might think Bitcoin's latest nosedive heralds impending doom, but chillax! As a sagacious philosopher once quipped, "A coin that soars must also plunge, and who knows? Perhaps it'll skyrocket again!"
The lowdown is, nobody's got a crystal ball for this market. However, by crunching numbers and scrutinizing market trends like a boss, we can up our winning chances and make savvy calls on when to buy, sell, or hodl.
So, to all you crypto wranglers, giddy up! Keep your peepers peeled for market cues and pointers, and don't be spooked to change tack when a fresh gust blows your way.
You might think Bitcoin's latest nosedive heralds impending doom, but chillax! As a sagacious philosopher once quipped, "A coin that soars must also plunge, and who knows? Perhaps it'll skyrocket again!"
The lowdown is, nobody's got a crystal ball for this market. However, by crunching numbers and scrutinizing market trends like a boss, we can up our winning chances and make savvy calls on when to buy, sell, or hodl.
So, to all you crypto wranglers, giddy up! Keep your peepers peeled for market cues and pointers, and don't be spooked to change tack when a fresh gust blows your way.
Bitcoin price can not be predicted by anyone, by knowing the actual time of the next bull run, but is good position to buy at any given dip or clashing price, which every Bitcoin investors target is the entry point for a profits after a short time or long time holding, therefore the current situation price of Bitcoin is an another opportunity to buy and hold.
As you can see, bitcoin is going down and I believe that it will keep falling.
How low will it fall?
I see FUD here, but it's normal since not everyone really believes that Bitcoin will pump. What we have witnessed so far this year, for me, is a bullish movement of the market. The price has already increased significantly this year, so I don't mind seeing it dump a bit since I believe a correction is normal to ensure that the market will have a long-term bullish movement.
Bitcoin is doing the exact thing it supposes to, I don't know what your expectations are but if you think that we are going down into another bear market you are wrong, I don't know any many still think that whenever there is a correction it is a bearish movement, it's not, the Bitcoin chart is still looking healthy and I believe there will be more bullish momentum soon.
Even if it drops back to, let's say 15k, there is nothing wrong with this because it's another good buying opportunity, long time ago I used to be scared of any price pullback but now I understand why pullbacks are good and healthy for the market, it also comes with good opportunities.
Every price retracement is a good buying opportunity.
Even if it drops back to, let's say 15k, there is nothing wrong with this because it's another good buying opportunity, long time ago I used to be scared of any price pullback but now I understand why pullbacks are good and healthy for the market, it also comes with good opportunities.
Every price retracement is a good buying opportunity.
Exactly. I stopped worrying about pumps and dumps, I know that in the long-term BTC will melt faces. Every dip I see as an opportunity.
Bitcoin is doing the exact thing it supposes to, I don't know what your expectations are but if you think that we are going down into another bear market you are wrong, I don't know any many still think that whenever there is a correction it is a bearish movement, it's not, the Bitcoin chart is still looking healthy and I believe there will be more bullish momentum soon.
Even if it drops back to, let's say 15k, there is nothing wrong with this because it's another good buying opportunity, long time ago I used to be scared of any price pullback but now I understand why pullbacks are good and healthy for the market, it also comes with good opportunities.
Every price retracement is a good buying opportunity.
Even if it drops back to, let's say 15k, there is nothing wrong with this because it's another good buying opportunity, long time ago I used to be scared of any price pullback but now I understand why pullbacks are good and healthy for the market, it also comes with good opportunities.
Every price retracement is a good buying opportunity.
In my opinion, all the reasons you give for not buying Bitcoin are the reasons you should be buying Bitcoin.
What he said makes me feel like he's trying to spread Fuds to scare people and dump their bitcoins, and he's quietly accumulating cheaper bitcoins. But I'm sure that his plan failed, people will not naively believe these bullshit speculations.
OP, if talking about the best time to buy bitcoin was when bitcoin dropped to $15k last year, and I bet you missed this bear season bottom too. The market is unpredictable, and the longer you wait, the more you regret it later. Instead of waiting, why not use the DCA strategy?
I believe the market is currently experiencing a retracement. There is an unfilled gap that must be closed before the continues to rise and set a new record. Unfilled gaps do not have to be filled in order for the price to rise higher, but if demand is insufficient to produce a new high, the price will fill the gaps below to drive the price higher. Because there's lack of demand, the price will going to reach the order block. There are many traders who are waiting for the price to go to that level so that they can join the increase of price.
I will only consider the market bearish if the price breaks the market structure's strong low.
I will only consider the market bearish if the price breaks the market structure's strong low.
In my opinion, all the reasons you give for not buying Bitcoin are the reasons you should be buying Bitcoin.
Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
Well, I could assume that you are right but never I think how an investor will say that Bitcoin has NO reason to grow. If you are a stablecoins holder, I suggest you just focus on it and never talk negatively about Bitcoin because whether you like it or not, people never think about if it is the perfect time to buy or not, what is important for them is they have Bitcoins in their wallet ready for the next Bullrun. Besides, we are not even sure what will happen a few days from now, and remember that the market is unpredictable and it pumps without telling anyone. As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
These are your personal views because Bitcoin has gone through all these changes and the price remained stable. Gradually Bitcoin is building the capacity to withstand these external forces. This type of post increase FUD which is not the right kind of information to spread. The price might go up in a few days because you can not accurately predict the market. I am sticking to my investment plans regardless of the information people push out. Some currencies lose value drastically so converting Bitcoin to a stablecoin or fiat might not be a good decision because it can become worthless within a short period.
No wonder why you created more threads about Bitcoin not having a good day?
and if bitcoin is going down? then this is the best way to invest because what I do believe is that Bitcoin bear already end last month and what we are having now are just correction and of course with FUD like yours , it may bring some negative impact but that is just for a while.
but trust me , I am not the one who will be alarmed with the situation now instead I will take this another chance to purchase.
and if bitcoin is going down? then this is the best way to invest because what I do believe is that Bitcoin bear already end last month and what we are having now are just correction and of course with FUD like yours , it may bring some negative impact but that is just for a while.
but trust me , I am not the one who will be alarmed with the situation now instead I will take this another chance to purchase.
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Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
OP, if you see the market going up again, let's say above $35k, what will you advice then?
We might not have entered a bull market yet, but again, you can't be so sure on the market's movement. By telling people not to buy, you forget that there are different kinds of investors that are buying Bitcoin every day with different intentions for how long they want to hold their coin. Even at the $30k mark, there were still a lot of people who bought Bitcoin. Although I am not certain about the BTC price during next year's halving, but I am bullish, so if someone buys Bitcoin now and holds it till the halving period, they will still be making a profit, unless they choose to sell off then.
Is it better to be DCAing because the price may not sink below $25–20k? is just my opinion.
I agree that what is happening is not a real bull run, this is a short term bull run, and bitcoin could still correct below $20k anytime. But if I say that this is not the time to buy bitcoins, I disagree entirely. No one can be sure bitcoin will drop again, it's all just your baseless prediction. And if compared to the old ATH, the price of $30k is a very good price to accumulate bitcoins.
Anyone that thought this was a bull run were deluding themselves, the conditions for a bull run to happen were simply not there, the current movement was a reaction to the drop on the price caused by the bear market we experimented during the previous year.And since the price had most likely reached the bottom during that time there was no room for the price to keep going downwards, now it seems the upward correction was too strong and we are experimenting a small drop, which is nothing to be worried about as it was impossible for the positive movement to go on indefinitely anyway.
- Whatever is happening now in the market of bitcoin's value is still normal in my opinion because as I think the movement of prices in the market is always unpredictable. If its price goes down, it simply means that as holders and investors of bitcoin, we only buy it and hold it in our wallets.
They said that they will still apply DCA until we are not at the point of a bull run, this is the only thing we can do for now and the long term holders of bitcoins have nothing to worry about, to be honest.
They said that they will still apply DCA until we are not at the point of a bull run, this is the only thing we can do for now and the long term holders of bitcoins have nothing to worry about, to be honest.
Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
Another Fudder who makes posts that scares newbies into selling their stash. Good job.
Bitcoin always goes up and down. It has been going up, now it is going down. The best time to buy Bitcoin is when it is going down. So telling people to only buy Bitcoin when its going up is a recipe for disaster. Next you will be telling everyone to sell their Bitcoin when its going down. Buy high, sell low, huh? That won't work.
You might also want to hold off on "recommending" any kind of financial advice, as you are currently doing. People have gotten in big trouble that way before.
I see absolutely no reason to trust your half baked strategy of not having a strategy and just trading by emotion, as you seem to be currently doing...
Bitcoin is going down? Yes, you are right, but that doesn't necessarily mean it will continue to go down. With the movements in the past few weeks, it gives us a sign that the bull run could probably be here.
I respect your opinion, but I've seen a lot in the past already, all kinds of FUD, and yet Bitcoin is still standing with thousands of traders and investors.
If we look at the YTD data, it has almost doubled its price already, with the lowest price being at $16k. So, there's no need to panic and believe that Bitcoin is going down. Let's just look at the big picture.
https://coinmarketcap.com/currencies/bitcoin/
I respect your opinion, but I've seen a lot in the past already, all kinds of FUD, and yet Bitcoin is still standing with thousands of traders and investors.
If we look at the YTD data, it has almost doubled its price already, with the lowest price being at $16k. So, there's no need to panic and believe that Bitcoin is going down. Let's just look at the big picture.
https://coinmarketcap.com/currencies/bitcoin/
Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
Supply and demand, that is the one of the biggest reasons why bitcoin will continue to go up.
I'm sure you know that in January this year alone, bitcoin rose to 40%? I bet you didn't know that because you keep on telling us that this is not the right time to buy and that the price will not go up.
On the contrary, the market has proven that you are wrong.
And if you are waiting for the price to go like $15k or reach another lowest low for this year? that possibility might not come.
Agree with you, that the decreasing supply of Bitcoin will continue to increase in price, and even that in a 4 year scheme bitcoin will continue to increase and decrease, so far it has been increasingly difficult for people to buy or look for free of any kind that is in several related sources with bitcoin, even this looks very natural every year so the more widespread the growth of bitcoin will be the more difficult and reduced the supply of bitcoin in the world, and of course it will increase the hagra of bitcoin itself in the future..
So I want to remain you guys again that right now is not the time to buy bitcoin.
When bitcoin dropped to $15k in 2022, many people said like you and believed that $15k is not the last bottom of the bear season, so don't rush to buy bitcoin. After all, you know, as a result many people missed the bottom and had to buy bitcoin for $20k or more because they waited for the price to drop lower to buy.
No one knows if bitcoin will go up or down tomorrow, so don't wait for low prices to buy. What you are saying is theoretically reasonable, given the current economic situation, bitcoin is highly unlikely to continue to move higher. But that's just our speculation, just as we don't believe bitcoin can go from $15k to $30k early this year, but it happened, and all of our predictions are wrong.
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