Topic: Bitcoin recovering (Read 842 times)
Before the halving in May bitcoin can still surge up to 10k, yes this is still possible this is why Bitcoin is the best coin to invest on right now, if Bitcoin surge to that level I will gladly sell and wait again, I believe the price will still dump after the halving, it's all gradual process
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bitcoin recovery is currently very slow, but the comparison with the decline is very fast. for now, the price of bitcoin is back at the level of $ 6k. Well, although this is better than the decline in the price of WTI crude oil, but I am aware that the decline is concurrent. I hope the price of bitcoin soon returns to $ 7k. it gives us great hope to see the price of bitcoin become bigger.
Yes, it is. I am waiting for the next moment if bitcoin still going to go down so I can buy more bitcoin. We can see another decline in this week if bitcoin can not back to $7k this week because I see it seems, the bitcoin price itself hard to break the higher price again. Maybe we will have another chance in the next week. I still curious if bitcoin will be lower again or not because many predictions in out there say that bitcoin price will be at below than $6k. I hope that is not happening.
No one would know if the price will dump again, but I am hoping that if the price will dump, you will not change your mind, and instead you'll buy according to plan. Why I say that because there are some people who wish the price would dump but when it happened, they suddenly change their decision because they are afraid that bitcoin will collapse.
Gladly, I can buy some bitcoin when the price is at $6,800 level, and now, I see the price is back to $7k which mean, I can sell it for some amount
Yes, some people don't buy when the price is a dump, and they still want to see another drop of the price but the reality, the price back to the high price. Maybe they miss that moment, so they don't buy bitcoin. But there still a chance for them to see another lower price soon.
It is still in recovery phase, do not be upset that it went down just couple hundred bucks, where is our tranquility when it comes to days like this, because of this panic that is seeded in everyone that whenever price goes down even just a bit the price may go down like crazy, we are having all of this trouble and then there is panic sell going around as well because these people who are afraid also sells their coins as well which creates even a bigger fall after a smaller fall.
Do not be convinced this easily that bitcoin price going down means something horrible, it could very well be as simple as market moves and it will definitely recover, hell even this price is recovered because we went down under 4k just a month ago remember that and compared to today we are doing awesome.
Do not be convinced this easily that bitcoin price going down means something horrible, it could very well be as simple as market moves and it will definitely recover, hell even this price is recovered because we went down under 4k just a month ago remember that and compared to today we are doing awesome.
bitcoin recovery is currently very slow, but the comparison with the decline is very fast. for now, the price of bitcoin is back at the level of $ 6k. Well, although this is better than the decline in the price of WTI crude oil, but I am aware that the decline is concurrent. I hope the price of bitcoin soon returns to $ 7k. it gives us great hope to see the price of bitcoin become bigger.
Yes, it is. I am waiting for the next moment if bitcoin still going to go down so I can buy more bitcoin. We can see another decline in this week if bitcoin can not back to $7k this week because I see it seems, the bitcoin price itself hard to break the higher price again. Maybe we will have another chance in the next week. I still curious if bitcoin will be lower again or not because many predictions in out there say that bitcoin price will be at below than $6k. I hope that is not happening.
No one would know if the price will dump again, but I am hoping that if the price will dump, you will not change your mind, and instead you'll buy according to plan. Why I say that because there are some people who wish the price would dump but when it happened, they suddenly change their decision because they are afraid that bitcoin will collapse.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
bitcoin recovery is currently very slow, but the comparison with the decline is very fast. for now, the price of bitcoin is back at the level of $ 6k. Well, although this is better than the decline in the price of WTI crude oil, but I am aware that the decline is concurrent. I hope the price of bitcoin soon returns to $ 7k. it gives us great hope to see the price of bitcoin become bigger.
Yes, it is. I am waiting for the next moment if bitcoin still going to go down so I can buy more bitcoin. We can see another decline in this week if bitcoin can not back to $7k this week because I see it seems, the bitcoin price itself hard to break the higher price again. Maybe we will have another chance in the next week. I still curious if bitcoin will be lower again or not because many predictions in out there say that bitcoin price will be at below than $6k. I hope that is not happening.
bitcoin recovery is currently very slow, but the comparison with the decline is very fast. for now, the price of bitcoin is back at the level of $ 6k. Well, although this is better than the decline in the price of WTI crude oil, but I am aware that the decline is concurrent. I hope the price of bitcoin soon returns to $ 7k. it gives us great hope to see the price of bitcoin become bigger.
For now it's moving slow and experiencing downfall a common nature from this industry, the market will soon to bounce back and reached another good position as there are still people who are interested and keeps on believing that they'll get a good value of their invested money. This incoming halving is anticipated to bring some good sign though pandemic virus slow everything and it takes time to see the rise that we are expecting to happen.
bitcoin recovery is currently very slow, but the comparison with the decline is very fast. for now, the price of bitcoin is back at the level of $ 6k. Well, although this is better than the decline in the price of WTI crude oil, but I am aware that the decline is concurrent. I hope the price of bitcoin soon returns to $ 7k. it gives us great hope to see the price of bitcoin become bigger.
It has declined but not that low, for sure it will again return to $7K as it's been swinging at that range. Don't worry with crypto, even if it will dump, people will not feel the same way they feel when crude oil dump to its price now.
Bitcoin will dump but it will survive and at the right time, it will pump again.
bitcoin recovery is currently very slow, but the comparison with the decline is very fast. for now, the price of bitcoin is back at the level of $ 6k. Well, although this is better than the decline in the price of WTI crude oil, but I am aware that the decline is concurrent. I hope the price of bitcoin soon returns to $ 7k. it gives us great hope to see the price of bitcoin become bigger.
no outbreak can breaks people loyalty from bitcoin but infact thier trust from btc get more stronger in times like this because they feel secured with it . also why the price will fell down when we are close to halving ? the price should go up but its normal for it go down this time because the outbreak suddenly takes place . cant say if the bearish can take a long time to remain because i sometimes see that btc is increasing a little bit . hope this small increase will continue for a while to give people encouragement to invest more .
As soon as the virus have been confirmed and had spread across globe, infecting a number of people from different countries and still increasing in the present, the value of Bitcoin have been struggling to retain its former price; its highest price for this year 2020,
How about we are just happy now that bitcoin did not dump, when we make a report for comparison, we usually compare the beginning price of bitcoin to its price in the year end, and thus far, bitcoin price is now at the range of its beginning price this year which is $7k. this problem causes confusion and considered to be as a crisis for the stock market and to the business enterprises around the globe. But, from the end of the month of March up to these days have shown a considerable amount of development in the Bitcoin's standing, ranging up to $7,000 value from last month's $3,500. This would only show a recovery if it would continue up till the end of this month and to the next. As the month of the halving approaches, the future of Bitcoin is surely promising, we should hold as far as we can before it is too late.
True, it's a real recovery because the price increase was significant, and despite the fact that we are seeing some bitcoin dump movement, but it was quick to recover, so we can tell that bitcoin is quite strong despite of the situation of the world that there is a global crisis.
As soon as the virus have been confirmed and had spread across globe, infecting a number of people from different countries and still increasing in the present, the value of Bitcoin have been struggling to retain its former price; its highest price for this year 2020, this problem causes confusion and considered to be as a crisis for the stock market and to the business enterprises around the globe. But, from the end of the month of March up to these days have shown a considerable amount of development in the Bitcoin's standing, ranging up to $7,000 value from last month's $3,500. This would only show a recovery if it would continue up till the end of this month and to the next. As the month of the halving approaches, the future of Bitcoin is surely promising, we should hold as far as we can before it is too late.
the current situation in the crypto currency market is not very convincing, it looks like it will still survive in the support of $ 6600- $ 6700, if you think Bitcoin is trying to recover to $ 10,000 again for now I think it still can't, before halving Bitcoin will go to $ 5000, maybe, that's a bad scenario from me.
The price seems to be relatively stable and it is moving close to the 7k mark, however anyone expecting a big recovery is probably going to be disappointed, many people lost a fortune when the market crashed one month ago and they cannot recover those losses in such a fast fashion, and without any new investors the price cannot move up, however once the halving takes place a price of 7k is not going to be enough for the miners to keep mining bitcoin profitably and many will have to stop their operations or they may try to manipulate the price to go up.if the price of Bitcoin is still cheap, I also agree with your statement, the price of Bitcoin is stuck at the level of $ 7000 and it seems like support of $ 6900 is very strong, there seems to be a pullback from there now
The price seems to be relatively stable and it is moving close to the 7k mark, however anyone expecting a big recovery is probably going to be disappointed, many people lost a fortune when the market crashed one month ago and they cannot recover those losses in such a fast fashion, and without any new investors the price cannot move up, however once the halving takes place a price of 7k is not going to be enough for the miners to keep mining bitcoin profitably and many will have to stop their operations or they may try to manipulate the price to go up.
Update on the current Bitcoin price today it is now on the $7200 level hopefully it can keep up and will not go down again, halving is very near and we have a fix to the present situation we are in, once the vaccine is out and halving happens we can expect Bitcoin to finally reach the $12000 level that we are hoping to reach before the pandemic happens.
the current situation in the crypto currency market is not very convincing, it looks like it will still survive in the support of $ 6600- $ 6700, if you think Bitcoin is trying to recover to $ 10,000 again for now I think it still can't, before halving Bitcoin will go to $ 5000, maybe, that's a bad scenario from me.
The price seems to be relatively stable and it is moving close to the 7k mark, however anyone expecting a big recovery is probably going to be disappointed, many people lost a fortune when the market crashed one month ago and they cannot recover those losses in such a fast fashion, and without any new investors the price cannot move up, however once the halving takes place a price of 7k is not going to be enough for the miners to keep mining bitcoin profitably and many will have to stop their operations or they may try to manipulate the price to go up.
You do not really have to convince anyone really, the price bounced back to year to date profitable prices just recently and even though we had a fall we are recovering again, so long story short people do believe bitcoin as a good investment and they do have bull approach to it anyway, so there is no need to convince anyone.
However we need to make sure they do not get discouraged, that is one thing we could try to help, keep on talking about bitcoin and its price as a positive and how awesome it is everywhere you can so that people would keep on feeling like bitcoin is on a bull run and will do amazingly. Otherwise we are talking about just an increase and a bull run that was started but never really saw the end and gave up after a while because of hype dying down.
However we need to make sure they do not get discouraged, that is one thing we could try to help, keep on talking about bitcoin and its price as a positive and how awesome it is everywhere you can so that people would keep on feeling like bitcoin is on a bull run and will do amazingly. Otherwise we are talking about just an increase and a bull run that was started but never really saw the end and gave up after a while because of hype dying down.
the current situation in the crypto currency market is not very convincing, it looks like it will still survive in the support of $ 6600- $ 6700, if you think Bitcoin is trying to recover to $ 10,000 again for now I think it still can't, before halving Bitcoin will go to $ 5000, maybe, that's a bad scenario from me.
On the unexpected outbreak we recently experience it has a huge impact to the world stock market and especially to the bitcoin the market price of the bitcoin from the highest peak of 8k dollars in just a week it drops for over 3.9k dollars and that was so huge for the changes, but now some of the analysis this it just depends on the people if they keep supporting the use of bitcoin to make it back to normal also when the halving is coming most of the time the price of the coin goes down to it's the lowest point and recovering for a while and made a lot of profit come back still the problem is today it is continuously declined the use and increase of the price and the bearish market will still last long if we do not make any changes too.
Source : https://www.coindesk.com/the-puell-multiple-is-turning-bullish-on-bitcoin%3famp=1
It's pretty difficult to tell the bitcoin holders to support and hold their assets in this season where the pandemic is there and lockdown are being impose by affected countries. But you are right, the bear market will likely to last long if we cannot get over by this hindrances and if halving is not enough to push the market upward and start the bull season then this year will likely be part of bear season. Source : https://www.coindesk.com/the-puell-multiple-is-turning-bullish-on-bitcoin%3famp=1
We don't want it to happen of course as there is a very little chances to gain a profit in bear season unlike in bull season where everyday is a chance to earn a good amount of money if you know what you are doing. As I can see, the graph are continuing to go downward which is not good and I hope we can purely recover before the halving will occur.
Is it recovering ? Cause it looks like he bounced back just for a short while or this is what I see when I look at the charts.
in general, people are quick to think that recovery occurs when prices rise again after a significant decline. Well, I think it's natural to think like that if we see a severe decline. although the recovery is not so high, there is at least a price improvement. Yeah, but it might look like a bounce back, just like the current situation.We investors who have experience have seen a lot of movement like this in the past so we will not easily be excited.
in fact, we can also take advantage of this buy buying the dip and selling the peak, but of course it's also good if we have something to hold for long term.
Is it recovering ? Cause it looks like he bounced back just for a short while or this is what I see when I look at the charts.
in general, people are quick to think that recovery occurs when prices rise again after a significant decline. Well, I think it's natural to think like that if we see a severe decline. although the recovery is not so high, there is at least a price improvement. Yeah, but it might look like a bounce back, just like the current situation. Do not forget that economical crisis haven't happened just yet, it just started but everything recovered like bitcoin, so we are still going to see a big drop in price for everything. Or maybe we won't but it feels like it is impossible for the whole world to stay at home and somehow all prices stay the same, there must be some sort of crisis due to people staying at home and not spending any money at all.
Hopefully nothing too severe or too bad but think about it, millions of people, probably hundreds of millions of people are all staying at home and we have to believe that market wasn't really affected by it? No matter what you do for stimulus, no easing, nothing should recover it this quickly, we SHOULD see some trouble eventually. I don't know when but I am still a bit scared of this good results.
We are only seeing the beginning of the crisis, the stock markets were affected the fastest however as we begin to see many small business disappear and with it many jobs this will not only affect people this will affect banks as well as many of those business had standing loans that will not be paid, the truth is that unless this is resolved quickly we are going to see huge economic problems during the next years, so I really hope that the members of the forum are ready for it since the crisis will wait for no one and anyone that is in a bad economic situation now will probably be in an even worse situation in the near future. Hopefully nothing too severe or too bad but think about it, millions of people, probably hundreds of millions of people are all staying at home and we have to believe that market wasn't really affected by it? No matter what you do for stimulus, no easing, nothing should recover it this quickly, we SHOULD see some trouble eventually. I don't know when but I am still a bit scared of this good results.
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