Btc down trend are started ? | Bitcointalksearch.org

MiF

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Quote from: rinkidas14 on June 19, 2021, 09:56:28 AM

We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?

I also thought that we will experience the down trend but the bitcoin price start to rise again, when the Bitcoin price fall below 30k$ i was already expecting a down trend but the bitcoin price recover and rise again, all I can do is to hold at this point of time and wait for the next down trend and buy again,it is really hard to predict bitcoin price this year the only sure thing is we are now slowly backing up to bullish market.

STT

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I'd argue the ideal to combine both, a long term objective but also the ability to trade short term within that should be strategies that aid each other.
Its just establishing an uptrend again I think, alot of debris left in the path of price action from last time we were here but seems determined to resolve upwards. Price right this moment is on the 12hr average which matches weekly average and we've closed above prior range bound price action from Jan. Next best guess is we get to 200 day average from here

Questat

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Quote from: Chato1977 on August 03, 2021, 05:20:39 AM

Quote from: rinkidas14 on June 19, 2021, 09:56:28 AM

We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?

then after few weeks will uptrend then again downtrend then uptrend .

so the question is what's new? whats the problem?

actually if you are a true crypto believer? you will already understand this situation as this is normal since day 1?

This speculation is for people who are investing in short term, volatility is their main concern and they need to make the correct guess so they'll be profitable in trading, but for long term investors, this volatility would not affect us since we are waiting for a right target before we make a transaction to buy or sell.

Chato1977

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Quote from: rinkidas14 on June 19, 2021, 09:56:28 AM

We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?

then after few weeks will uptrend then again downtrend then uptrend .

so the question is what's new? whats the problem?

actually if you are a true crypto believer? you will already understand this situation as this is normal since day 1?

rahmatrf331

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Quote from: Obito on July 29, 2021, 06:46:11 AM

Quote from: kenelmark on July 29, 2021, 05:30:57 AM

Yes, and from what has been seen now that waiting for the Uptrend again doesn't seem like it will be too long either, because the market has started to give a little sign that in the not too distant future, conditions have started to improve again.

It's still too early to say that bitcoin is going on another uptrend run because it feels like the market greens right now is influenced by a rumor and it's difficult to trust the current movement because it might be a rug pull.

right now bitcoin is going down and that's normal. some altcoins also declined after a few days of rising and some altcoins were pumped. that's proof that bitcoin still has hope and is still alive. don't ever think if bitcoin goes down it's a sign that bitcoin will fall but only a market correction.

ancafe

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Quote from: rinkidas14 on June 19, 2021, 09:56:28 AM

We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?

Well, right now, trying to accumulate as many assets as possible, and also being patient is what needs to be done. although the bitcoin price managed to hit the price of $40k again, but since entering august, it has not lasted long. for now, I might focus more on trying to increase my assets. I'm pretty sure the bull market will return in the near future.

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Quote from: mamahdedeh on June 22, 2021, 12:41:18 AM

Quote from: ?? on ??

Banned in China really hit the bitcoin ecosystem and made the crypto market drop drastically. I hope that after this big correction the market can become more stable in the future and it will be a tough mission for bitcoin to rise to $100k this year.

It's really hard to hit $ 100k as the price of bitcoin has started to go down even if china bans if the amount of investment in bitcoin increases, the market will rise again even if the market is severely affected prices are expected to rise again.

negative news from china seemed to have an impact on bitcoin's decline, this also happened in 2018. but of course there will be more good news that can push bitcoin to the moon, like this year, although after that china again declares bad news, and we can see now the effect

Market analysis is really hard but it doesn't take long to be positive even if the price of bitcoin goes down, it will not go down as much as in 2018. If you want to make a profit by investing in bitcoin it is a good decision to hold on for a long time.

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Quote from: ?? on ??

Quote from: rinkidas14 on June 19, 2021, 09:56:28 AM

We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?

I am not a believer to technical analisys guy. I only believe in the cycle and how matket work in the past. No death cross or whatsoever in crypto. It will pump even it claimed death. Down trend is not here and we saw it already. Btc price still hold above $30k and its very strong. Even tho the grayscale unlocked it still keep above $30k.

The pump is over, bitcoin was not able to stay at above $40k and it seems to be going down again, there's no problem if you are holding it for long term, but if you are trading for short term, you need to make a timely decision based on the market situation. Just a week ago, bitcoin pumped over 20% in total, that's already a significant increase that would bring good profit for those who pay attention to the market, IMO, we somehow need some technical analysis.

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Quote from: South Park on July 20, 2021, 12:54:45 PM

Quote from: $crypto$ on July 16, 2021, 12:07:35 PM

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

The market is going down again and it is difficult to know what it is going to happen, we have been trading near the 30k level for some time and this had people worried, now the price is trading below that level and if this continues for long then a new drop in the price could be inevitable, however this is not as bad as it may seem as this could be the perfect moment to buy some bitcoin and get it relatively cheap, so anyone that has some fiat available should take advantage of a new correction in the case it appears.

Its true that market prediction is quite hard to do. Many factors are affecting the price of BTC. However, this week was good for Bitcoin. The price got up to 40K+ area and still fighting the resistance of going back to 39K in just a matter of days. Jack Dorsey and Elon musk had something to do with it but still its too early to say that the upward motion would continue. I just hope you filled your bags way back last week.

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Quote from: kenelmark on July 29, 2021, 05:30:57 AM

Yes, and from what has been seen now that waiting for the Uptrend again doesn't seem like it will be too long either, because the market has started to give a little sign that in the not too distant future, conditions have started to improve again.

It's still too early to say that bitcoin is going on another uptrend run because it feels like the market greens right now is influenced by a rumor and it's difficult to trust the current movement because it might be a rug pull.

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Quote from: judaspriest on June 21, 2021, 03:20:36 PM

Both an uptrend and a downtrend all have positive and negative sides.
but indeed with the current downtrend at least we have to be patient and keep holding on,
maybe it takes a long time to wait for the uptrend but we'll see

Yes, and from what has been seen now that waiting for the Uptrend again doesn't seem like it will be too long either, because the market has started to give a little sign that in the not too distant future, conditions have started to improve again.

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Quote from: $crypto$ on July 24, 2021, 12:58:37 PM

Turns out this is different the fact that btc has bucked its way to growth and has now reached a pretty good value of $34k (probably still going on) we misjudged a bit and that the previous downtrend wasn't necessarily getting any worse and these are some of the facts we know that bitcoin could strengthen again after China banned it, from the meeting of Elon Musk and Jack Dorsey there is still little role in this because Elon says it still holds some BTC and other coins.
So when bitcoin returns to $30k it must be ready for money to buy because I believe in a correction there must be a revival.

Price trend will keep changing all the time and we really don't see this trend going on for long. Pump and Dump are two trend that will always be in the market and both will not last long and will continue to change. If some time ago we have experienced a downtrend, then in recent days we have seen a change in the trend to an uptrend. Trust me mate, we cant guarantee how long this trend will last and this should be a consideration for every trader who want to take advantage of the market.

$crypto$

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Quote from: South Park on July 20, 2021, 12:54:45 PM

Quote from: $crypto$ on July 16, 2021, 12:07:35 PM

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

The market is going down again and it is difficult to know what it is going to happen, we have been trading near the 30k level for some time and this had people worried, now the price is trading below that level and if this continues for long then a new drop in the price could be inevitable, however this is not as bad as it may seem as this could be the perfect moment to buy some bitcoin and get it relatively cheap, so anyone that has some fiat available should take advantage of a new correction in the case it appears.

Turns out this is different the fact that btc has bucked its way to growth and has now reached a pretty good value of $34k (probably still going on) we misjudged a bit and that the previous downtrend wasn't necessarily getting any worse and these are some of the facts we know that bitcoin could strengthen again after China banned it, from the meeting of Elon Musk and Jack Dorsey there is still little role in this because Elon says it still holds some BTC and other coins.
So when bitcoin returns to $30k it must be ready for money to buy because I believe in a correction there must be a revival.

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Quote from: kapalmabur on June 20, 2021, 03:47:13 PM

Quote from: bots1 on June 20, 2021, 12:27:01 PM

Indeed, Bitcoin's downtrend started a few weeks ago. The current correction is only temporary. The decline in the price of Bitcoin makes altcoins also go down. Therefore it is best to switch to stablecoins for now and wait for the market to stabilize for repurchases.

It's true with conditions like this that currently the bitcoin trend is down, we don't need to worry and don't panic either,
right now the most important thing is to stay patient and wait for everything to stabilize,
but we also need to monitor market movements it's important

In addition to monitoring market movements, it is better to switch to stablecoins first when Bitcoin and altcoin prices fall so that we can minimize losses. in trading we must be able to optimize wisely and must be able to analyze in as much detail as possible.

Mahanton

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Quote from: South Park on July 20, 2021, 12:54:45 PM

Quote from: $crypto$ on July 16, 2021, 12:07:35 PM

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

The market is going down again and it is difficult to know what it is going to happen, we have been trading near the 30k level for some time and this had people worried, now the price is trading below that level and if this continues for long then a new drop in the price could be inevitable, however this is not as bad as it may seem as this could be the perfect moment to buy some bitcoin and get it relatively cheap, so anyone that has some fiat available should take advantage of a new correction in the case it appears.

Market is never been easy to predict even though we do see it dropping but knowing the next movement would be impossible but at least we do have technical indicators that we can use to make out analysis
and would be applied into our own predictions and now on the question is btc in a down trend? We can say so basing on the current behavior but we dont know if this would be just some sort of last pullback
before making some take-off. The market had been moving sideways for a while now and its really hard to tell on when it would next be heading.It cant give out any signals
and there are no news yet which we can make use of.

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Quote from: South Park on July 20, 2021, 12:54:45 PM

Quote from: $crypto$ on July 16, 2021, 12:07:35 PM

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

The market is going down again and it is difficult to know what it is going to happen, we have been trading near the 30k level for some time and this had people worried, now the price is trading below that level and if this continues for long then a new drop in the price could be inevitable, however this is not as bad as it may seem as this could be the perfect moment to buy some bitcoin and get it relatively cheap, so anyone that has some fiat available should take advantage of a new correction in the case it appears.

In moments like this common people have the opportunity to start investing and decreasing the influence whales have over bitcoin. Recent news said 90$ billions of dollars disappeared from crypto market and it caused bitcoin to go down again. That is a clear sign of a whale (or whales) cashing out profit and dropping a lot of bitcoins for sale.
I always see lots of people complaining they should have bought earlier or that few people hold too many coins in their wallets, so when something like this happens, those people who complain often should enjoy the chance which is disponible for them before whales change their minds and buy these bitcoins once more.

South Park

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Quote from: $crypto$ on July 16, 2021, 12:07:35 PM

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

The market is going down again and it is difficult to know what it is going to happen, we have been trading near the 30k level for some time and this had people worried, now the price is trading below that level and if this continues for long then a new drop in the price could be inevitable, however this is not as bad as it may seem as this could be the perfect moment to buy some bitcoin and get it relatively cheap, so anyone that has some fiat available should take advantage of a new correction in the case it appears.

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Quote from: South Park on July 12, 2021, 10:46:31 AM

But does it really matters that much at all? With this I mean that people are worried about how long the current market conditions are going to last when this does not matter at all if you have decided to become a long term holder, I know many people want to become traders but when you consider that more than 90% of them lose their money while any investor that has held their coins for more than a few years is always a winner, then I do not know why people do not become investors and forget about their coins and get profits that way.

Most of them are after with short term gains, if only they have enough time to work with proper knowledge

about this investment, maximizing your profits is far better than chasing your luck, just can't deny that

fact that people always wants a shortcut and they will do everything to make things happened in a much

shorter time frame.

$crypto$

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Quote from: stadus on July 12, 2021, 04:38:15 PM

Quote from: poldanmig on July 12, 2021, 12:30:56 PM

The downward trend in BTC prices has started when Elon Musk issued a statement regarding the termination of Tesla payments using BTC, as well as the statement of the president of China who banned bitcoin miners in my opinion at that time, and we can see that bitcoin prices are getting weaker day by day and it can be said that the decline occurred now this is the beginning of the arrival of a bigger bear market later, now it is better for us to wait for the market price to really reach the bottom so that we can buy without fear the price will fall.

Tesla's announcement had a little short-term effect IMO but China ban is really a huge one. We are now experiencing a bear market because of those bad news and it's funny how easily the market flip because we are coming from a bull run, then suddenly a bearish market is what we are witnessing now. We might see worst than the current situation, just prepare for it as we don't know when the down trend will stop.

It looks like the downward trend will be prolonged after the rumors a few weeks ago from Tesla and the ban on miners from China to make the market a bear, on the other hand nothing can strengthen the market again after the previous bullrun and now just waiting for what trend what happens next, could this continue to be a bear market? the price is close to $ 30k and my reason is that if it has reached $ 20k it is possible that bitcoin will experience another prolonged crisis.

South Park

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Quote from: molsewid on July 12, 2021, 12:17:37 PM

Quote from: lepbagong on July 09, 2021, 02:29:50 PM

it is wiser to wait because the situation has not yet led to a complete improvement. still maintaining the situation in order to remain stable first, hopefully the good news that starts to arrive will have a good influence.

still maintaining to hold on to coins if they already have, is something that must continue to be done because there will always be improvements in the future and it is real and there is no need for doubt.

buying when the price is down is highly recommended because it will definitely have benefits in the future, because the price will always increase and there will always be renewable ATH. the possibility is still visible this year so don't hesitate to always wait for it to happen.

It is too early to speculate if bitcoin will recovering already from its market price down fall because we all do believe that the bearish month isn't coming yet and it is speculated to happen by the next coming months. But i do believe that bitcoin could make a good and huge come back I can bet that and the end season of the year will be the most exciting time of the year for every traders wanting to get a profit they've been dreaming.

Right now the market is in a difficult position we are close to the 30k support level and this is making people nervous that we could see another correction soon and I do not blame them because as we know bitcoin has the tendency to move at an amazing speed and if you blink suddenly the price went down many times more than what you thought it was possible, but even with that in mind I am not worried as this will be just another dip to buy so we can prepare ourselves for the bull run that is most likely coming at the end of the year.

Topic: Btc down trend are started ? (Read 1464 times)