Bitcoin starting to recover | Bitcointalksearch.org

MCobian

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Quote from: fancy2973 on June 05, 2021, 09:13:49 AM

I think there is too much drama, way too much drama about the ups and downs of Bitcoin. The veterans here know it anyway. It will happen again in two or three years from now, and again afterwards. It happens with real estate. It happens all the time. What counts is a fundamental judgment. If I believe Bitcoin has good prospects in the future, a price drop shouldn't be too concerning. It can take time as we know from the past but so be it.

Humans do like drama by nature, so I wouldn't be surprised if the price of Bitcoin became a drama for some people. Actually in the face of volatile
Bitcoin price changes, we don't need much drama, as long as we believe in the future of Bitcoin. So there should be no need for doubt, even though
the price of Bitcoin continues to fall, in the end the price of Bitcoin will definitely go up again. But still, every time the Bitcoin price goes down there
will be debates and differences of opinion, even though all we have to do is hold, until the price goes up again. Because of how far down the price of
Bitcoin is, it will eventually go up again, so why should we really worry.

fancy2973

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Quote from: MCobian on June 05, 2021, 04:46:44 AM

Quote from: Twinscoin2017 on June 04, 2021, 06:10:58 AM

Quote from: MCobian on June 04, 2021, 05:12:15 AM

Quote from: rahmatrf331 on June 02, 2021, 11:37:30 PM

Quote from: MCobian on May 31, 2021, 03:20:57 AM

Quote from: Vaskiy on May 31, 2021, 01:31:58 AM

~

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.

There's nothing wrong with assuming Bitcoin hasn't recovered if it hasn't returned to a price above $40k, because everyone has their own opinion.
Indeed, Bitcoin has failed several times to pass the $40k resistance price, this requires good news that can trigger the Bitcoin price. Hopefully this
week there will be a surprise from Bitcoin with the emergence of good news, if there is good news the possibility of Bitcoin rising above $ 40k
could become a reality. While there is no other way, besides we have to be patient waiting for Bitcoin price movements.

My prediction is still btc rise up to 100k$ at the end of year 2021, there is a great posibility that bitcoin will have a high price at the end of the year, because bitcoin has a good start this year. The price is still high and start to rise so i think that was positive sign, dropping and pumping is normal so we need not to worry about it we need to trust and have patience for good.

I like optimistic people, rather than we complain a lot about the current situation, it would be better to think positively like you. There is still a chance
for Bitcoin later this year to reach the price of $100k, because there are still about 6 months left for Bitcoin to recover and be bullish again.
Hopefully this month at least Bitcoin can return to a price above $40k, we really have to believe in Bitcoin, because the price is going down like this,
happened often. So there is nothing to worry about, we will see more surprises that will be given by Bitcoin, so be patient for now.

I think there is too much drama, way too much drama about the ups and downs of Bitcoin. The veterans here know it anyway. It will happen again in two or three years from now, and again afterwards. It happens with real estate. It happens all the time. What counts is a fundamental judgment. If I believe Bitcoin has good prospects in the future, a price drop shouldn't be too concerning. It can take time as we know from the past but so be it.

BITCOIN4X

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Quote from: RealMalatesta on June 05, 2021, 07:45:26 AM

This is why I think there is really nothing to be scared of, just try to hold your coins as strong as you can and in the end you will be the winner,

Sure, but they have to be really willing when the price doesn't match what they expected. They have to use cold money to do this, meaning the money used is not the money needed to meet daily needs. I am not the type of long term asset holder although I know that there is more potential if I want to hold on to it longer. I prefer short term profit so it is clear that there is no bigger target to achieve on my part.

Quote from: RealMalatesta on June 05, 2021, 07:45:26 AM

Elon can drop the price only a certain amount, he can't continue to drop the price forever. We will be the victorious ones in the end.

Elon is not a bitcoin adherent forever, he is quite volatile and he is not a good role model for anyone looking to invest in bitcoin. I think he had his own interest in supporting bitcoin before he started calling it unsuitable for the idea of saving energy. Now, who would believe him?

RealMalatesta

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Quote from: Natalim on June 04, 2021, 08:47:58 AM

Quote from: kotajikikox on June 04, 2021, 06:17:34 AM

Price is still Half way down from what the value in April and now sitting in the lowest level for the last couple of months.

Do you think there are still place for Bitcoin increasing this second quarter? or the value will settle back in the start of 3rd quarter?

We can't say it will recover back to its high price, you see, bitcoin is struggling, hence the entire market is struggling as well. Plus, the current tweet of Elon made the market dump again, and with that, the sentiment is now bearish and I don't see another bull run happening this year like breaking its current ATH.

It is not really struggling so much, it is fighting and there is a big difference between the two. Bitcoin does want to go up, the market wants to go up, people wants it to go up, we all work for it to go up right now. What happens? Elon tweets, Biden speaks, something happens and the price drops significantly.

This is why we are fighting and not struggling because in the end it is a war and you know never know who will win a war, even a tiny army with no resources can beat down a whole army with every tech, just ask Vietnam and USA, they will tell you all about it. This is why I think there is really nothing to be scared of, just try to hold your coins as strong as you can and in the end you will be the winner, Elon can drop the price only a certain amount, he can't continue to drop the price forever. We will be the victorious ones in the end.

Kittygalore

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Activity: 868

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I think we are still on a good run, compared to the June of last year to this year's June, we are much higher now, I wouldn't say recovering but more of like being active again.

MCobian

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Activity: 1190

Merit: 117

Quote from: Twinscoin2017 on June 04, 2021, 06:10:58 AM

Quote from: MCobian on June 04, 2021, 05:12:15 AM

Quote from: rahmatrf331 on June 02, 2021, 11:37:30 PM

Quote from: MCobian on May 31, 2021, 03:20:57 AM

Quote from: Vaskiy on May 31, 2021, 01:31:58 AM

~

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.

There's nothing wrong with assuming Bitcoin hasn't recovered if it hasn't returned to a price above $40k, because everyone has their own opinion.
Indeed, Bitcoin has failed several times to pass the $40k resistance price, this requires good news that can trigger the Bitcoin price. Hopefully this
week there will be a surprise from Bitcoin with the emergence of good news, if there is good news the possibility of Bitcoin rising above $ 40k
could become a reality. While there is no other way, besides we have to be patient waiting for Bitcoin price movements.

My prediction is still btc rise up to 100k$ at the end of year 2021, there is a great posibility that bitcoin will have a high price at the end of the year, because bitcoin has a good start this year. The price is still high and start to rise so i think that was positive sign, dropping and pumping is normal so we need not to worry about it we need to trust and have patience for good.

I like optimistic people, rather than we complain a lot about the current situation, it would be better to think positively like you. There is still a chance
for Bitcoin later this year to reach the price of $100k, because there are still about 6 months left for Bitcoin to recover and be bullish again.
Hopefully this month at least Bitcoin can return to a price above $40k, we really have to believe in Bitcoin, because the price is going down like this,
happened often. So there is nothing to worry about, we will see more surprises that will be given by Bitcoin, so be patient for now.

rahmatrf331

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Activity: 588

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https://i.imgur.com/3fXQC4m.png

Quote from: kotajikikox on June 04, 2021, 06:17:34 AM

Quote from: Rajamuda on June 02, 2021, 11:26:24 PM

Although it is not certain, it is more likely that it can rise again (recovery), bitcoin is known to be getting better in various worlds, various financial things and legality is increasingly visible, of course it is something that can increase enthusiasts.

But yet Bitcoin is not recovering from the deep fall recently .

Price is still Half way down from what the value in April and now sitting in the lowest level for the last couple of months.

Do you think there are still place for Bitcoin increasing this second quarter? or the value will settle back in the start of 3rd quarter?

I see the hope for a quick rise is doubtful, but for the next quarter it could, there is a possibility to rise above $40k. we still have to be committed and don't give up too quickly. BTC will surely grow again with other Altcoins.

Natalim

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BTC to the MOON in 2019

Quote from: kotajikikox on June 04, 2021, 06:17:34 AM

Quote from: Rajamuda on June 02, 2021, 11:26:24 PM

Although it is not certain, it is more likely that it can rise again (recovery), bitcoin is known to be getting better in various worlds, various financial things and legality is increasingly visible, of course it is something that can increase enthusiasts.

But yet Bitcoin is not recovering from the deep fall recently .

Price is still Half way down from what the value in April and now sitting in the lowest level for the last couple of months.

Do you think there are still place for Bitcoin increasing this second quarter? or the value will settle back in the start of 3rd quarter?

We can't say it will recover back to its high price, you see, bitcoin is struggling, hence the entire market is struggling as well. Plus, the current tweet of Elon made the market dump again, and with that, the sentiment is now bearish and I don't see another bull run happening this year like breaking its current ATH.

kotajikikox

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Quote from: Rajamuda on June 02, 2021, 11:26:24 PM

Although it is not certain, it is more likely that it can rise again (recovery), bitcoin is known to be getting better in various worlds, various financial things and legality is increasingly visible, of course it is something that can increase enthusiasts.

But yet Bitcoin is not recovering from the deep fall recently .

Price is still Half way down from what the value in April and now sitting in the lowest level for the last couple of months.

Do you think there are still place for Bitcoin increasing this second quarter? or the value will settle back in the start of 3rd quarter?

Twinscoin2017

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Activity: 1009

Merit: 328

Quote from: MCobian on June 04, 2021, 05:12:15 AM

Quote from: rahmatrf331 on June 02, 2021, 11:37:30 PM

Quote from: MCobian on May 31, 2021, 03:20:57 AM

Quote from: Vaskiy on May 31, 2021, 01:31:58 AM

Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.

After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope
the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree
with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of
$ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends
on the price movement of Bitcoin.

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.

There's nothing wrong with assuming Bitcoin hasn't recovered if it hasn't returned to a price above $40k, because everyone has their own opinion.
Indeed, Bitcoin has failed several times to pass the $40k resistance price, this requires good news that can trigger the Bitcoin price. Hopefully this
week there will be a surprise from Bitcoin with the emergence of good news, if there is good news the possibility of Bitcoin rising above $ 40k
could become a reality. While there is no other way, besides we have to be patient waiting for Bitcoin price movements.

My prediction is still btc rise up to 100k$ at the end of year 2021, there is a great posibility that bitcoin will have a high price at the end of the year, because bitcoin has a good start this year. The price is still high and start to rise so i think that was positive sign, dropping and pumping is normal so we need not to worry about it we need to trust and have patience for good.

MCobian

full member

Activity: 1190

Merit: 117

Quote from: rahmatrf331 on June 02, 2021, 11:37:30 PM

Quote from: MCobian on May 31, 2021, 03:20:57 AM

Quote from: Vaskiy on May 31, 2021, 01:31:58 AM

Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.

After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope
the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree
with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of
$ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends
on the price movement of Bitcoin.

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.

There's nothing wrong with assuming Bitcoin hasn't recovered if it hasn't returned to a price above $40k, because everyone has their own opinion.
Indeed, Bitcoin has failed several times to pass the $40k resistance price, this requires good news that can trigger the Bitcoin price. Hopefully this
week there will be a surprise from Bitcoin with the emergence of good news, if there is good news the possibility of Bitcoin rising above $ 40k
could become a reality. While there is no other way, besides we have to be patient waiting for Bitcoin price movements.

rahmatrf331

member

Activity: 588

Merit: 12

https://i.imgur.com/3fXQC4m.png

Quote from: MCobian on May 31, 2021, 03:20:57 AM

Quote from: Vaskiy on May 31, 2021, 01:31:58 AM

Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.

After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope
the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree
with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of
$ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends
on the price movement of Bitcoin.

bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week.
current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks.

Rajamuda

sr. member

Activity: 924

Merit: 255

Although it is not certain, it is more likely that it can rise again (recovery), bitcoin is known to be getting better in various worlds, various financial things and legality is increasingly visible, of course it is something that can increase enthusiasts.

arwin100

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Jack of all trades 💯

Quote from: kapalmabur on June 02, 2021, 06:50:18 PM

judging from the chart, indeed the price of Bitcoin looks like it has recovered from $30k to $40k which is a good thing,
because maybe this is a sign that the bull is still strong, yes, although it has decreased by 50% but it is considered normal, yup, a reasonable correction,
but if the price bitcoin plunge again below $30000 will certainly be a concern for traders and holders

The confidence of the people are now regaining back and I think the storm has already done so we can expect that we can continue see the bull since so far there's no big fud rotating on the medias and also people are hyping back again bitcoin so maybe we can see greener picture at the moment.

kapalmabur

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Activity: 2002

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judging from the chart, indeed the price of Bitcoin looks like it has recovered from $30k to $40k which is a good thing,
because maybe this is a sign that the bull is still strong, yes, although it has decreased by 50% but it is considered normal, yup, a reasonable correction,
but if the price bitcoin plunge again below $30000 will certainly be a concern for traders and holders

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Apparently the bullish trend of BTC is at the door, throughout the entry, at least the technical indicators are affirming it according to this article, what strikes me the most is that the mass in general is waiting for there to be a fall in BTC massive, even some analysts and investors think that BTC will have another drop:

Quote

On the upside, an immediate resistance is near the $36,800 level. The first major resistance is near the $37,000 level. A clear break above the $37,000 zone could set the pace for a fresh high above $37,900. The next major resistance is near the $38,800 level, above which the price could test the $40,000 zone.

Source:https://www.newsbtc.com/analysis/btc/bitcoin-steadies-above-100-sma-36k/

All these data are from BTC taking its recovery and we see a big bullish trend, in fact it is what is most expected, despite all the FUD of Elon Musk started the whole storm of BTC and the market in general.

Xinarae*

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Quote from: shadow123 on May 28, 2021, 03:04:33 PM

I think still not starting of recovering. Some bad news gone everywhere.. So as usual it need some good news related to the crypto side. But I'm pretty sure BTC pass 60k again In this year...

We have to wait until the bull run at the market will certainly recover if the crypto market is not stable we will hear the good news of crypto very soon. The amount of investment is increasing due to lower prices which will not take time to correct the market. Along with the price of bitcoin the prices of other currencies are slowly rising.

MCobian

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Activity: 1190

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Quote from: cryptomaniac_xxx on May 31, 2021, 03:48:28 AM

Quote from: MCobian on May 31, 2021, 03:20:57 AM

Quote from: Vaskiy on May 31, 2021, 01:31:58 AM

Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.

After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope
the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree
with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of
$ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends
on the price movement of Bitcoin.

$40k is now the big resistance, we have failed many times in the last 3 weeks to overcome it. So it means its going to be hard and grind moving forward as the bears took over the market. Nevertheless, good price so why not buy at this price range?

The market is bleeding continuously, but still we have 6 more months before the end of 2021. A lot of things can happen, specially in the last quarter as historically, it is the strong months for bitcoin to go on another bull run.

Bitcoin has tried several times to get past the $40k resistance price and it still fails. hopefully there is good news about Bitcoin that can help
the price of Bitcoin rise. Because if Bitcoin is allowed to continue to fail to pass the price resistance, Bitcoin could fall again to below $35k.
But I hope that doesn't happen, so we can help by buying more Bitcoin at the current price. So the more people buy Bitcoin, hopefully the Bitcoin
price will pass the $40k resistance. Hopefully this month will be the end of a bloody market, and Bitcoin can continue its bullrun until the end of
the year. Because I also believe the end of the year Bitcoin price can reach new ATH.

worle1bm

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We might see some dips and correction during Q2 until we hit $45k level again which might be possible soon and still btc is struggling to recover because of new types of FUD being spread in the market.First Musk,then China,then Iran shifted the momentum against bitcoin recovery completely.But still the investors are trying to invest now at low price which is boosting the prices again.So now let's wait for actual bull run to hit the market.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Bitcoin is in great uncertainty, on the one hand there is a control by the bears that can take the price to $ 30k, I think it is very difficult for them to take it below that price, on the other hand if the bulls achieve the goal If the price goes up, I think that in one go it can reach $ 50k even above, this article is very general but gives a good overview of the market:

Quote

On the other hand, the setup may act as a reversal pattern if bulls push and sustain the price above the resistance line of the triangle. Such a move will suggest the downtrend is over and the pair could rally to the target objective at $51,951.

Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-matic-eos-xmr-aave

Of course, this whole scenario is very likely to change if there is a significant change in the BTC movement, any analysis can be invalidated, especially if the movement turns out to be bearish.

Topic: Bitcoin starting to recover (Read 949 times)