every FUD will only make the bitcoin fall for a while. and we must be patient for this condition.
The SEC has a purpose to minimize the risk of crypto, but I think rejecting ETF is a mistake, and that's not the solution.
Topic: Bitcoin price resilience - page 3. (Read 496 times)
The price of bitcoin rising in july, the bitcoin price which has been on a declining trend for several months and this rise for crypto investors is morale. I guess that the rising will continue and that the altcoins will be reflected in the price as well.
It's been pretty great to see bitcoin holding 8k up, (besides a slight dip the other day). How long before it crosses the 50% dominance threshhold?
Yeah BTC will keep on holding on. BTC won't die easily. It was the first crypto coin and may last a long time before it dies (if it does). I was surprised how it dropped as soon as it was rejected by ETF and the next couple days later it just kept going up steadily. Looks like a promising time to invest into it.
Following the rejection of BTC/ETFs this week,bitcoin price fell by $400 which sent the price a little below $8000 .Many started the normal panic thing,today,I woke up only to discover that BTC has strongly hit 8.2k .This made my day as the price is telling us that BTC has greater potentials than what the SEC is thinking. I know one day the ETFs will be a reality.Sooner than we expect.Long live BTC and crypto.
We have been doing well even without the ETF and that ETF being rejected a few days ago is not the "big one" that we all have been waiting for. What we are waiting for is the CBoe ETF proposal which is due for approval/rejection somewhere in August. That's why when the price declined, it has recovered nicely. But you need to wait up until the critical days leading to the CBoe application, I'm sure if ever we get a bad news bitcoin will live but we might felt panic if the proposal is rejection. But then, it will be short-lived and Bitcoin will bounce back again.
Yes it is, for the price is resilience that's why we must keep on believing on it. Though there are negative news about bitcoin but it is in our selves how bitcoin inspires many people.
this wasn't a rejection of the hyped up ETF, it was the Winklewoss ETF which was rejected. you can follow the news online, i don't really follow it to give you more details than this.
and the drop was just a newbie panic sell because they heard some FUD about it and thought the end of the world was coming to them like they always do and the result was a small loss for them this time because the dip was a tiny one so they could still buy back if they wanted.
in any case the rise will continue even if all the ETFs are rejected. we will just see some short lived drama.
and the drop was just a newbie panic sell because they heard some FUD about it and thought the end of the world was coming to them like they always do and the result was a small loss for them this time because the dip was a tiny one so they could still buy back if they wanted.
in any case the rise will continue even if all the ETFs are rejected. we will just see some short lived drama.
Now it's time for the BTC to return, maybe in the next two weeks, the price of BTC will be up to $ 10000. I know, but I do not have enough capital to invest in this coin. I am very poor.
more and more bitcoin users are well informed and resistant to FUD now
they become more confident on bitcoin investment and not easily panic when reading negative news
people get smarter and start using common sense rather than simply following FUDs
they become more confident on bitcoin investment and not easily panic when reading negative news
people get smarter and start using common sense rather than simply following FUDs
Bitcoin is taking over and there is not much to stop it. It just needs more time that's all. TO get the ordinary man to switch from paper to crypto is no small feat. A lot of people in the world cannot read so there is a big challenge.
Following the rejection of BTC/ETFs this week,bitcoin price fell by $400 which sent the price a little below $8000 .Many started the normal panic thing,today,I woke up only to discover that BTC has strongly hit 8.2k .This made my day as the price is telling us that BTC has greater potentials than what the SEC is thinking. I know one day the ETFs will be a reality.Sooner than we expect.Long live BTC and crypto.
Until now we had many such ''bad'' news in crypto world and btc price drop a lot.
I think that most people in ''panic'' mode already gave up from bitcoin and crypto and moved to some other ''big'' thing.
So, I really think that bitcoin price drop enough and that now we will see full recover of btc price soon.
People (who stayed) don't panic any more (as before, in the beginning of year), have more realistic expectations, see btc as long term investment possibility and they are wiling to hold and wait how long is necessary.
bitcoin has shown resilience towards negative indicators and factors that could led the bitcoin price to plunge below the 3,000$ mark instead.
Yes, I have a potiental thinking about Bitcoin too.
This is a time for Bitcoin comebank, I think so. Look at it's price in recently so I sure that the Bitcoin price will increase soon.
I guess Bitcoin price will reach $8500 in one or two next day
Remember my guess, haha
This is a time for Bitcoin comebank, I think so. Look at it's price in recently so I sure that the Bitcoin price will increase soon.
I guess Bitcoin price will reach $8500 in one or two next day
Remember my guess, haha
Lately,BTC price movement is very impressive. Despite the rejection, investors are very positive about the industry and future prospects and to me that is more success than higher prices,Once everyone is positive and believe in the power of BTC and cryptocurrency,we will conquer the world and btc will be a daily currency in the market,grocery shop,cinema etc.
Following the rejection of BTC/ETFs this week,bitcoin price fell by $400 which sent the price a little below $8000 .Many started the normal panic thing,today,I woke up only to discover that BTC has strongly hit 8.2k .This made my day as the price is telling us that BTC has greater potentials than what the SEC is thinking. I know one day the ETFs will be a reality.Sooner than we expect.Long live BTC and crypto.
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