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Topic: Bitcoin's price will increase (Read 397 times)

legendary
Activity: 2464
Merit: 2094
July 05, 2021, 01:32:56 PM
#38
It's unrealistic expectations if we think Bitcoin will just increase only. It wouldn't happen, otherwise, it will hard to encourage newcomers into Bitcoin.
Even though bitcoin trading is carried out without control and without requiring anyone's approval to go up or down then expecting the price to always go up is simply not realistic for those who understand how bitcoin is traded. Therefore I agree with you.

If bitcoin can't always go up, it won't always go down either. This is a condition where trader look for loopholes to make profit with price that are never stable that we say the fluctuate. This condition can also be exploited by manipulators to manipulate price to go up and down for their own purposes. Meanwhile we all know that in trading there will always be a weak hand and a strong hand. The price of bitcoin has fallen 47% since its ATH high of $64K and that has raised a lot of doubt among investor and trader about where the bitcoin price will go next. If we have two direction, then both direction are still possible for us to see in the future.
hero member
Activity: 2128
Merit: 520
July 05, 2021, 01:07:29 PM
#37
Experienced people absolutely know that Bitcoin price will start recovering sooner or later. There is no need to panic about something. Panic makes us do silly things. And it'd cost a big amount for us. Let's just be patient and wait for the next rally. I believe that the bull market will return after the summer.


Panicking is absolutely wrong, it will lead you to lose your money. If you are into this investment,

better to look for long term goals instead of trying to play with the market, Bitcoin still volatile

one mistake will cost  you huge amount from your invested capital, make sure to do your DYOR

before dealing around.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
July 05, 2021, 09:45:03 AM
#36
For now, BTC is giving or testing price levels, it has tried to go up to $ 36k but it has been achieved with some offer and the price has dropped, however it is with strong signs of going up:


Quote
The price returned to the side channel this morning. If the lower border of the corridor ($34,000) does not keep the price in sideways consolidation, then the forecast for the pair to decline to support at $32,500 remains relevant.
Source: http://u.today/btc-xrp-ltc-link-and-xlm-price-analysis-for-july-5

When reviewing the prices and volume of BTC it is observed that in the short term it may look somewhat bearish, but it must be taken into account that the bulls are testing the highest price levels, and this is considerable, by eliminating the offer of $ 32k going forward, we could see the price over $ 40k, I don't think it will take that long to happen.
legendary
Activity: 3318
Merit: 1128
July 03, 2021, 02:28:20 PM
#35
$100k is the next potential target, but it's not going to be an easy road. If just companies will continue to used bitcoin in their balance sheet, then maybe we can see it. But it seems that we haven't heard anything in the last two months. And then we have a lot of FUD or at least the news coming from China that bitcoin mining is going to be stop or ban.

So it might take some time before we can see a good jump, hopefully in the last quarter, at least $50k could be achieved.
Unfortunately those companies that bought hundreds of millions of dollars worth of bitcoins do not do that anymore. Which means that 100k is impossible until they start back up again, without the whales buying in bulk there is no bull run and without bull run we can't go that high. I am not saying that we should end up with something profitable right away, we can wait as well but even if you wait 10 years if there is no whales buying bitcoin then we are not going to end up with anything profitable.

So, what we have to do is show those companies how profitable crypto can be once again and with the hype we can get them to work with us again. How do we do that? We need to create our own big deal and get them to hear us, I do not know how it can be done, but I am sure we can become news again on newspapers tv channels online etc etc and that will get their attention.
legendary
Activity: 2394
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July 03, 2021, 12:25:50 PM
#34
It's unrealistic expectations if we think Bitcoin will just increase only. It wouldn't happen, otherwise, it will hard to encourage newcomers into Bitcoin. Very rarely new investors dare to buy when Bitcoin just goes up. Same as during dump Bitcoin price, we shouldn't expect continuous dump as well. This is one of the most important reasons why Bitcoin is most popular than other assets. From the volatility investors and traders take advantage to make some profits. That's how we can increase our portfolio as well. For sure Bitcoin will break the $30K zone, but we don't know exactly when it will happen. That's why we should have enough patience if we want to make a profit from cryptocurrency.
legendary
Activity: 2968
Merit: 3684
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July 03, 2021, 11:49:37 AM
#33
We need to break the 80k level before we conclude such things, but I also believe that we will go that far since the confidence towards reaching that is pretty amazing and I also believe the whales will help to maximize tge economy of bitcoin. Hopefully there's a big news will come in future to start the hype since for sure we can see some amazibg movement again if we can see big hypes came.

Whoa, 80k already when we're kinda struggling to break 36k? Though you may have a point in the end. Have mentioned elsewhere that when (if) we do get the breakthrough we've been waiting for, and if that happens above 40k, we might just be skipping some important milestones at 50k perhaps? And if we do smash through 65k, yeah, 70k will be a minor footnote before facing 80.

Still holding out hope for 100k Christmas, and apparently, I'm not alone. Let's see.
legendary
Activity: 2758
Merit: 1228
July 03, 2021, 06:44:23 AM
#32
Everyone is counting on $100k, so it will probably happen!
Just because everyone thinks about it doesn't mean that the thought will translate into a reality, remember that we haven't even broke the 70k resistance and we are on a long way to go from doing that with the prices half the ATH right now. Now I'm not saying that it won't happen but it will probably take a long time for it to happen and if it happens much faster than I expected then I will happily eat the words that I have said about the prices not being able to go up to 100k USD in such a short time.

$100k is the next potential target, but it's not going to be an easy road. If just companies will continue to used bitcoin in their balance sheet, then maybe we can see it. But it seems that we haven't heard anything in the last two months. And then we have a lot of FUD or at least the news coming from China that bitcoin mining is going to be stop or ban.

So it might take some time before we can see a good jump, hopefully in the last quarter, at least $50k could be achieved.

We need to break the 80k level before we conclude such things, but I also believe that we will go that far since the confidence towards reaching that is pretty amazing and I also believe the whales will help to maximize tge economy of bitcoin. Hopefully there's a big news will come in future to start the hype since for sure we can see some amazibg movement again if we can see big hypes came.
hero member
Activity: 2842
Merit: 772
July 03, 2021, 06:16:04 AM
#31
Everyone is counting on $100k, so it will probably happen!
Just because everyone thinks about it doesn't mean that the thought will translate into a reality, remember that we haven't even broke the 70k resistance and we are on a long way to go from doing that with the prices half the ATH right now. Now I'm not saying that it won't happen but it will probably take a long time for it to happen and if it happens much faster than I expected then I will happily eat the words that I have said about the prices not being able to go up to 100k USD in such a short time.

$100k is the next potential target, but it's not going to be an easy road. If just companies will continue to used bitcoin in their balance sheet, then maybe we can see it. But it seems that we haven't heard anything in the last two months. And then we have a lot of FUD or at least the news coming from China that bitcoin mining is going to be stop or ban.

So it might take some time before we can see a good jump, hopefully in the last quarter, at least $50k could be achieved.
member
Activity: 980
Merit: 12
July 02, 2021, 03:35:46 PM
#30
Bitcoin has always had this kind of periods. As we all know, it isn't very sensible to expect the price to go up forever and not to decrease. We have bear and bull markets. Now, I guess we have entered the bear market. We should just be patient before the next bull market comes. And it's not easy to predict what's gonna happen now. My hope is not seeing the price at a much lower price than this.
full member
Activity: 1140
Merit: 103
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July 02, 2021, 03:12:14 PM
#29
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
I think it will increase before year end, maybe it will reach another ATH there so many people that believe in bitcoin and they say bitcoin will reach up to 100k$ now let see and wait if this will come true. We really need to be patience as crypto investors we know already how crypto market works and we know about the high volatility so let us wait and be patience for good.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 30, 2021, 12:03:20 PM
#28
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
If people think that bitcoin will plum after this, let them think like that because bitcoin price will increase after the price down to the deep price. We know that is what will happen to bitcoin because that already happened a long time ago and could still happen in the future. Yes, it takes time before the price increase and no matter if that needs one year later, that will not be a problem for us. We should use this time to buy as many bitcoins as possible to prepare for the bull market.
the important thing now is that we have to be patient and not panic with the price declines that are happening like now, like the declines that have occurred in the last few years, we can see how price recovery will occur when market sentiment returns to positive and of course it just needs a little push so that the Bitcoin price will recover up again later.
Now we should be able to take advantage of the downward momentum in the price to buy and hold a number of bitcoins at low prices and wait for the momentum to sell them when the price starts to rise.
You are right. If we can use this moment to buy bitcoin and the other potential altcoin, we can be able to make a profit later. It is normal if we panic but we need to control that to think about how to prevent the big loss. This decline will end sooner or later, and we do not have to worry because this situation will not happen forever and although this decline will stay for more, it will change the better situation in the end.
sr. member
Activity: 1624
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Leading Crypto Sports Betting & Casino Platform
June 30, 2021, 08:59:24 AM
#27
Everyone is counting on $100k, so it will probably happen!
Just because everyone thinks about it doesn't mean that the thought will translate into a reality, remember that we haven't even broke the 70k resistance and we are on a long way to go from doing that with the prices half the ATH right now. Now I'm not saying that it won't happen but it will probably take a long time for it to happen and if it happens much faster than I expected then I will happily eat the words that I have said about the prices not being able to go up to 100k USD in such a short time.
hero member
Activity: 2660
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Vave.com - Crypto Casino
June 30, 2021, 07:51:16 AM
#26
The current price for this time is $34,642 and looking bull at the time. Last week it dropped but picked up this week and that means the price won't be stable. Bitcoin is a highly fluctuating currency because it is decentralized, you can have different orders from multiple exchanges which is the reason for that kind of fluctuation. The price ranges and drops as it gets demanded. Many speculating bear but in the bear you also see bull and gains.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
June 30, 2021, 07:16:46 AM
#25
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
That is the spirit that we need now while the value is constantly changing and badly dropping time after time.
I even hardly understand why this is happening but we must admit the fact that this is how it is.
what we only need is to help the market by keeping our coins instead of throwing them all to baggers like whales.
by this we will keep the momentum strong and will not go dump more.
sr. member
Activity: 1694
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June 30, 2021, 06:45:10 AM
#24
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
If people think that bitcoin will plum after this, let them think like that because bitcoin price will increase after the price down to the deep price. We know that is what will happen to bitcoin because that already happened a long time ago and could still happen in the future. Yes, it takes time before the price increase and no matter if that needs one year later, that will not be a problem for us. We should use this time to buy as many bitcoins as possible to prepare for the bull market.
the important thing now is that we have to be patient and not panic with the price declines that are happening like now, like the declines that have occurred in the last few years, we can see how price recovery will occur when market sentiment returns to positive and of course it just needs a little push so that the Bitcoin price will recover up again later.
Now we should be able to take advantage of the downward momentum in the price to buy and hold a number of bitcoins at low prices and wait for the momentum to sell them when the price starts to rise.
hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
June 30, 2021, 03:08:52 AM
#23
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
If people think that bitcoin will plum after this, let them think like that because bitcoin price will increase after the price down to the deep price. We know that is what will happen to bitcoin because that already happened a long time ago and could still happen in the future. Yes, it takes time before the price increase and no matter if that needs one year later, that will not be a problem for us. We should use this time to buy as many bitcoins as possible to prepare for the bull market.
sr. member
Activity: 2828
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Eloncoin.org - Mars, here we come!
June 30, 2021, 12:20:59 AM
#22
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
But what you must also know is that the increase happens not constantly meaning when there is a PUmp then will follow by dump and sometimes this took years .

example is 2017 Hype , when before the end year comes then the dumping starts and the market rapidly fell down and the bear stays for 2 years more than .
sr. member
Activity: 1974
Merit: 450
June 30, 2021, 12:07:14 AM
#21
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
Well, from now on, patience is really needed. to be honest, I think that we are getting ready for another bull market, however, I think I'm too soon to think like that. currently, the price of bitcoin is still in the range of $35k or around it. maybe, the bull run will come when the bitcoin price can stay above $40k.
hero member
Activity: 3164
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www.Crypto.Games: Multiple coins, multiple games
June 29, 2021, 11:56:49 PM
#20
What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
Yeah, we just need to be more patient because just the deflationary property of bitcoin is more than enough to make it bounce back at any time soon. People who never understand the fundamentals of bitcoins might get panic and may go selling all their bags.

All I mean is, we do not need any external trigger to make bitcoin to have another new ATH; just when new people start adopting and existing bitcoiners add some more investments then bitcoin will slowly get into bullish mode again.

crash would be better so i can buy on cheap price when it crash. Those who complaining because they don't manage their money and just jump when seeing btc price soaring to $64,000.
That is the reason bitcoin market is always getting us second chances. I am sure when people see some 50% to 70% cheaper prices then definitely will come forward to risk some minimum amount at least.
newbie
Activity: 54
Merit: 0
June 29, 2021, 11:55:34 PM
#19
You are right.
Bitcoin will increase 100k$ Soon.
If anyone already took panic then it is your mistake.
I know cryptocurrency is a rick.
But bitcoin have a great future. If you can't take rick, you would  not be rich. Now btc is in dip. It is time to buy in every dip.
It may be that you don't get that opportunity anymore.
After bitcoin pump.
My have did my own research about bitcoin. In future may bitcoin be our regular using money.
Also in future, all country will approve bitcoin as a legal.
We already know that one of the country which name is El Salvador made cryptocurrency legal in this country.
Hope in future more country will coming.🥰😍🤩😇
legendary
Activity: 2394
Merit: 1131
June 29, 2021, 11:36:15 PM
#18
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
You know, i'm even hoping btc could be dip more than now, crash would be better so i can buy on cheap price when it crash. Those who complaining because they don't manage their money and just jump when seeing btc price soaring to $64,000. Do you even invest in bitcoin? I doubt it
full member
Activity: 2086
Merit: 193
June 29, 2021, 05:03:00 PM
#17
Don't be too optimistic about it though especially if you aren't a long-term hodler because you will be disappointed really quick because volatility is going to screw over your expectations, always analyze the market and be prepared on what's going to happen next.
Short term trend might not be good for Bitcoin because we are on a bear market but I’m pretty sure, in the coming years Bitcoin will prove again it’s purpose, and tell the world that it’s worth buying for. Don’t panic as always, know how to act during these time of uncertainty, and keep buying until you hold good amount of Bitcoin. The future is still here, the price will recover in time having patience is very important.
hero member
Activity: 2548
Merit: 605
June 29, 2021, 03:45:16 PM
#16
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
It is not about not increasing even for people who are selling, even they know that it will increase. It is about "when" and "what before" which are two very important things and I understand their approach. I do not sell my coins that easily, it would have to be like some health emergency in a hospital thing for me to sell (which did happened before) or some other investment I believe (which happened recently) and I would definitely understand the situation.

However when it comes down to panic selling in crypto, those people are not doing it because they think the price will not go up ever again, they know that it will, but they want to get out right now, buy back later when it hits bottom and then sell again when it peaks. You can of course hold your coins as well, but the "trading" aspect of crypto is there for them to make a bit of extra money if they are right.
legendary
Activity: 2590
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June 29, 2021, 01:55:34 PM
#15
I see that for BTC better moments have emerged in the market, the bulls have not been carried away by the bearish trend and have been fighting, as a consequence they have managed to recover the price little by little:


Quote
The bears are likely to defend the $42,451.67 level aggressively. If the price turns down from this resistance, the pair could drop to the 20-day EMA. A strong bounce off this support will suggest that the sentiment has turned positive and that will increase the possibility of a break above $42,451.67.

Source: https://cointelegraph.com/news/price-analysis-6-28-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

The price is in a good moment, the volume of operations is somewhat large, there may be more purchases than sales, the bulls do not want to see the price below $ 30k again, that is my perception of the market.
hero member
Activity: 2338
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Temporary forum vacation
June 29, 2021, 12:57:30 PM
#14
those people who think bitcoin has no chance to recover because of the situation, are the real reason despite why bitcoin keep struggling at this moment . And the reason as well why bitcoin showing green sometimes in the market it's because of those real enthusiast that who knew how bitcoin still very optimistic despite of the situation..  As the matter of fact it's not our problem anymore wherein let them repent when they saw bitcoin break another record in the future.  Wink

But this is how the market is supposed to work:) If more people are buying than selling, then it goes up. If more people are selling than buying,,, then we get prices down:)

How else is it supposed to work and what is wrong with this?

Let them exit and let those who keep buying come and naturally push price due to demand. Right?Smiley
hero member
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Vave.com - Crypto Casino
June 29, 2021, 10:29:31 AM
#13
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
What you are saying is right. Bitcoin will increase back sometime again, so you do not need to worry about that.
You only need to prepare for that time to come to us by accumulating more bitcoin from now on, especially if we see the price does not start to increase so high.
You do not have to listen to what people say about bitcoin price will go down in the next hours or days because that will be your chance to buy bitcoin at a low price and hold it.
You should be patient and do not panic if you see bad news because that will always happen from time to time.
sr. member
Activity: 2828
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June 29, 2021, 09:31:10 AM
#12
If they already know the market movements in the first place, the downtrend situation isn't surprising. But somehow, they always thinking about the growing price of Bitcoin, not even thinking that dumps can also be happening someday. Ain't deniable as many people will keep asking when seeing the market price is declining and many negative speculations arise. And yet, they mostly find themselves wrong as the market will recover on its time, and we never know.
sr. member
Activity: 2380
Merit: 366
June 29, 2021, 09:08:44 AM
#11
People should have known by now that it often takes some waiting for the price of Bitcoin to rise above ATH. If there is a bull season that would come, there is also a bear season that would put on hold whatever price increase expected. Sometimes a bear season is long enough that some people would lose patience and begin selling. It is their fault for coming into Bitcoin without familiarizing it first. Many lost when the 2017 ATH was only recovered a few years later. But to those who patiently waited it was all worth it.
legendary
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June 29, 2021, 08:18:50 AM
#10
Some people are panicking already because they do not know the true value if bitcoin

no one has a crystal ball to tell the true value of bitcoin, anyone is estimating the value they expect bitcoin to reach someday. it is not guaranteed that the price of bitcoin will increase much in the future

some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease

It's natural for people to think that way, who guarantees that the price can't go down too much? no one can guarantee

some people still have the hope that bitcoin price will increase.

the people who make hodl are the ones with the most hope, but they may even be right based on a possible high demand

What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.

for the price to go up it will depend on demand, if there is demand and few people sell then the price will increase
legendary
Activity: 2128
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There is trouble abrewing
June 29, 2021, 08:16:13 AM
#9
price is already starting to increase. what people seem to forget these days is that testing the strong bottom and failing to break it multiple times is also a very strong signal for the bull market to resume again.
when we also have the huge FUD spam on the internet from different sources including the government and banks BUT price doesn't want to go down, this is another big positive sign of the bull market wanting to resume.
full member
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June 29, 2021, 07:33:31 AM
#8
Don't be too optimistic about it though especially if you aren't a long-term hodler because you will be disappointed really quick because volatility is going to screw over your expectations, always analyze the market and be prepared on what's going to happen next.
sr. member
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June 29, 2021, 07:09:35 AM
#7
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
those who panic about the current decline in bitcoin prices may have bought bitcoins at high prices and even many beginners who invest in bitcoins panicked so they sold bitcoins at low prices to cut losses, those of us who have been in crypto for a long time may perceive the price decline is a common thing that happens and it is a cycle that does repeat itself from year to year, so at least we can be a little calmer in dealing with it, I personally bought some eth at a price of $2900 but until now I still hold it because I believe when the price bullish bitcoin later of course will be followed by other altcoins including eth.
hero member
Activity: 3150
Merit: 937
June 29, 2021, 06:34:33 AM
#6
I'm overwhelmed by the amount of FUD that was spammed across the Bitcointalk forum lately.
As if everyone is expecting the Bitcoin price to crash,and the price crash simply isn't happening.
The Bitcoin price is back to 35K USD,while falling to 31K USD 2 days ago.This isn't a steady price recovery,but it shows that investors and traders are still buying BTC and the price won't crash that easy to a level below 30K USD.
I don't believe that the price will recover back to 50-60K USD anytime soon.We need serious institutional investors(and unfortunately,we need Elon Musk as well) for such price pump.
member
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June 29, 2021, 05:12:33 AM
#5
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
those people who think bitcoin has no chance to recover because of the situation, are the real reason despite why bitcoin keep struggling at this moment . And the reason as well why bitcoin showing green sometimes in the market it's because of those real enthusiast that who knew how bitcoin still very optimistic despite of the situation..  As the matter of fact it's not our problem anymore wherein let them repent when they saw bitcoin break another record in the future.  Wink
Yes, I totally agree, Bitcoin is struggling this time and have a hard time to recover it is because of those negative issue or comments of other people that bitcoin don't have a chance to recover anymore. But, bitcoin still showing green because of the people who still believe in it or interested of bitcoin that is still very hopeful and confident despite of the situation they are facing. Bitcoin is one of the trusted coins in crypto currency and maybe someday people will be totally shock on how bitcoin will increase its price higher than they expected and break another record for the future.
sr. member
Activity: 2016
Merit: 283
June 28, 2021, 11:42:03 PM
#4
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
those people who think bitcoin has no chance to recover because of the situation, are the real reason despite why bitcoin keep struggling at this moment . And the reason as well why bitcoin showing green sometimes in the market it's because of those real enthusiast that who knew how bitcoin still very optimistic despite of the situation..  As the matter of fact it's not our problem anymore wherein let them repent when they saw bitcoin break another record in the future.  Wink
hero member
Activity: 1764
Merit: 505
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June 28, 2021, 06:20:44 PM
#3
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.

There's already a good sign of green days, but not really strong in momentum. I only view it as a preparation of huge pump, though there's no specific time or date we must keep our coins safe and gain back what we've lost. Many opportunities comes but we haven't embrace the rewards, so this time when btc increase to the top, let's not waste our chances and take the best that we can.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 28, 2021, 05:57:16 PM
#2
Yep. It will increase again but we cannot tell when. But as long as it's maintaining the price from $30k and above, we're all good with that. We don't have to rush to see its price goes up just as the usual thing we see on its day to day market.
Because its volatility will show us that if it's quick in plummeting, it's also quick in recovering.
full member
Activity: 854
Merit: 130
June 28, 2021, 02:56:01 PM
#1
Some people are panicking already because they do not know the true value if bitcoin, some are complaining already that the price plummeted from $60000 to $30000. This make some people to think bitcoin price may still further to decrease, some people still have the hope that bitcoin price will increase. What I just know is that bitcoin is not like a currency that will decrease always without increasing, bitcoin will still increase back, it may take time before it will fully increase back but bitcoin will increase above $60000 later, we only need to be patient about this.
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