Topic: Btc down trend are started ? - page 3. (Read 1663 times)
It's really early to say such thing. The instability of Bitcoin price is still going on. One day, it is having a good day and increasing. Another day, we see the opposite. This should be the signs of the bear market, nothing else I think.
I don't know whether a down trend will be starting or not.
There was a downtrend that has happened and that was a week ago. I also think that the market is really unpredictable right now.
The market is usually unpredictable and that won't change.I hope that we see an uptrend rather than it. There have been many people who have bought more Bitcoin after the big dump. They can make a decent profit also if it things go on positively.
That's very usual to buy during the big dumps but a lot of folks too that don't believe on that strategy because they think that it won't be back as quickly as it can. I am expecting BTC starting down trend
You just realize it, bro? The downtrend in BTC and altcoins already happened a few months ago, just checked how big the drop in the prices! You must be surprised to see how huge the drop in crypto coins' values. But I am sure the drop won't last a long time, there should be an uptrend again in crypto market. The bullish season should continue, this year isn't over yet. I believe the real bearish season just begins in the early of next year.
I don't know whether a down trend will be starting or not. I also think that the market is really unpredictable right now. I hope that we see an uptrend rather than it. There have been many people who have bought more Bitcoin after the big dump. They can make a decent profit also if it things go on positively.
It always changes nowadays. Hence I can't say that there is only a down trend. But still, we should get ready for a probable another big decrease in the price. We should organize our investments by taking it into consideration.
Yes, the downtrend is in progress, but after it is over, the uptrend will always exist at another time, in which everyone must also manage their investment at that time, because under any circumstances a strategy to manage anything must always be there, because it is necessary in order to achieve good results.
It always changes nowadays. Hence I can't say that there is only a down trend. But still, we should get ready for a probable another big decrease in the price. We should organize our investments by taking it into consideration.
Yes, the downtrend is in progress, but after it is over, the uptrend will always exist at another time, in which everyone must also manage their investment at that time, because under any circumstances a strategy to manage anything must always be there, because it is necessary in order to achieve good results.
It always changes nowadays. Hence I can't say that there is only a down trend. But still, we should get ready for a probable another big decrease in the price. We should organize our investments by taking it into consideration.
There are many expectations regarding BTC, however when we take into account that BTC is in a huge fluctuation we could see that it is above $ 30k but in the short term there is nothing clear yet
The bearish movement seems inevitable but the period and the amount is looking more and more diminishing so that is a good sign for the price. It means we could still see a drop, we could see another 30k and even a try for under, but unless the number of people who are selling increases, we are going to end up with another bull run very soon because the amount of people who are selling is not as much as it used to be.Remember when a long term investor buys, they buy it and hold it, whereas sellers can sell it once, and that's it, that is the reason why bitcoin is destined to always go up in the long run because there are more buyers who hold versus sellers who no longer have any after they sold. This doesn't mean that it will always go up, as we can see it goes down too, but only in short periods and eventually sellers do not have any left, we are getting to that level nowadays.
With the current decline in crypto prices, of course, many beginner traders feel panicked and take steps to sell their assets at low prices, but for those who have been in the crypto world for a long time, of course this price decline is normal.
That why now I'm taking several steps to add/buy a number of other cryptos at low prices and I do this to compensate for the losses that occurred on my old assets, and I do of course with various analyzes that to able to restore my asset estimates on the market,
I think, my steps currently are effective enough to minimize at least 20% of the losses (asset estimates) caused by the falling prices of some of the cryptocurrencies I bought during the previous high prices
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Maybe it's only effective for you because I never cared about other people's assets, That why now I'm taking several steps to add/buy a number of other cryptos at low prices and I do this to compensate for the losses that occurred on my old assets, and I do of course with various analyzes that to able to restore my asset estimates on the market,
I think, my steps currently are effective enough to minimize at least 20% of the losses (asset estimates) caused by the falling prices of some of the cryptocurrencies I bought during the previous high prices
.even though you've talked about it at great length here, which is not very useful for me.
OP, I realize that the price of bitcoin since april is in a down trend. After ATH at $64K was reached and the period of down trend started, only once did bitcoin hit the $60K level and that was in May. We never know when this period will stop while the price is hard to break through $50K again.
Yes, but what I see on coinmarketcap is exactly what I saw in real, namely Bitcoin price was at $63K on Wednesday, April 14th, 2021 at 7:00:00 AM, so I think everything is very right now. 
We are all here for a profit and on the day you had step in into crypto then you should really make yourself aware on how this market works and on how it moves and always expect the unexpected.
You wouldn't know on what comes next and asking about trend started then we wouldn't know until we do experience it because it could neither be a trap or simply moving sideways.
This is really hard honestly if you are a trader or investor but once you do make a good grasp on it then you would definitely able to make yourself sustainable even its hard but at least
you do know on what you are doing.
I would honestly never say it's easy to do because I know that price move erratically and unpredictably. I would never be surprised if the bitcoin price hit $100K, and I wouldn't be surprised if the bitcoin price went back to $10K. While the current trend has entered its 3rd month since April and we still hope for a happy end of the year. You wouldn't know on what comes next and asking about trend started then we wouldn't know until we do experience it because it could neither be a trap or simply moving sideways.
This is really hard honestly if you are a trader or investor but once you do make a good grasp on it then you would definitely able to make yourself sustainable even its hard but at least
you do know on what you are doing.
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?
Trying to use a combination of indicators that work in other markets on this one is not as straightforward as you make it seem, before the so called death cross came the market had crashed already and since then the price has just remained close to the same levels, so the death cross was completely irrelevant and it is not difficult to understand why, since those indicators are too slow to capture the volatility of this market. What do you think about it? What is your view point?
There are many expectations regarding BTC, however when we take into account that BTC is in a huge fluctuation we could see that it is above $ 30k but in the short term there is nothing clear yet, however this analysis shows us that they can be fixed things:
Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc
It is somewhat unfinished as to what could happen, but seeing a lot of news, most agree that the movements of BTC will be more bearish.
Quote
The bears will now try to pull the price down to $31,000 but the flattening 20-day EMA and the relative strength index (RSI) above 45 suggest the selling pressure could be reducing.
A shallow pullback from the current level will enhance the prospects for a break above the 50-day SMA, clearing the path for a rally to $42,451.67.
A shallow pullback from the current level will enhance the prospects for a break above the 50-day SMA, clearing the path for a rally to $42,451.67.
Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc
It is somewhat unfinished as to what could happen, but seeing a lot of news, most agree that the movements of BTC will be more bearish.
Everyone always has different expectations, and I also didn't sleep when the Bitcoin price hit $60K this year in April, and if you compare that to the current price it's very far from what everyone expected, but for me it is a very natural thing to happen because every increase it will always end in a decrease, and vice versa.
There will always be fluctuation in bitcoin trading. I think everyone involved in the market has the same goal of "making a profit" although some are hoping for a deeper decline for the purpose of buying more bitcoin. Because bitcoin is not a stablecoin, it is natural for it to go up and down based on supply and demand. Fluctuation is necessary because without fluctuation there is no way for a trader to make a profit.OP, I realize that the price of bitcoin since april is in a down trend. After ATH at $64K was reached and the period of down trend started, only once did bitcoin hit the $60K level and that was in May. We never know when this period will stop while the price is hard to break through $50K again.
You wouldn't know on what comes next and asking about trend started then we wouldn't know until we do experience it because it could neither be a trap or simply moving sideways.
This is really hard honestly if you are a trader or investor but once you do make a good grasp on it then you would definitely able to make yourself sustainable even its hard but at least
you do know on what you are doing.
Everyone always has different expectations, and I also didn't sleep when the Bitcoin price hit $60K this year in April, and if you compare that to the current price it's very far from what everyone expected, but for me it is a very natural thing to happen because every increase it will always end in a decrease, and vice versa.
There will always be fluctuation in bitcoin trading. I think everyone involved in the market has the same goal of "making a profit" although some are hoping for a deeper decline for the purpose of buying more bitcoin. Because bitcoin is not a stablecoin, it is natural for it to go up and down based on supply and demand. Fluctuation is necessary because without fluctuation there is no way for a trader to make a profit.OP, I realize that the price of bitcoin since april is in a down trend. After ATH at $64K was reached and the period of down trend started, only once did bitcoin hit the $60K level and that was in May. We never know when this period will stop while the price is hard to break through $50K again.
What do you mean by normal, the price of Bitcoin is trading over $34800 and for a moment i thought the market would rally once again as it was well above $35k and now there is a selling pressure and for me it is well above my expectations because you need to take into consideration what the value was a few months back and then decide what we are witnessing.
Everyone always has different expectations, and I also didn't sleep when the Bitcoin price hit $60K this year in April, and if you compare that to the current price it's very far from what everyone expected, but for me it is a very natural thing to happen because every increase it will always end in a decrease, and vice versa.That why now I'm taking several steps to add/buy a number of other cryptos at low prices and I do this to compensate for the losses that occurred on my old assets, and I do of course with various analyzes that to able to restore my asset estimates on the market,
I think, my steps currently are effective enough to minimize at least 20% of the losses (asset estimates) caused by the falling prices of some of the cryptocurrencies I bought during the previous high prices
. What do you mean by normal, the price of Bitcoin is trading over $34800 and for a moment i thought the market would rally once again as it was well above $35k and now there is a selling pressure and for me it is well above my expectations because you need to take into consideration what the value was a few months back and then decide what we are witnessing.
Everyone always has different expectations, and I also didn't sleep when the Bitcoin price hit $60K this year in April, and if you compare that to the current price it's very far from what everyone expected, but for me it is a very natural thing to happen because every increase it will always end in a decrease, and vice versa. The downtrend won't last long, it's like a natural thing that often happens because of just a few things, people panic here will be seen and of course that becomes one thing that hinders the profit.
For mine, I don't think that the downtrend that is being discussed lately.. is not a sharp decline and only a short term that will pump after it, and that downtrend could be a buying time.
Even though it was just temporary, many people never think that way. They are still in a panic seeing when the market shows a downtrend motion. And I found this a normal scenario knowing the fact that not all investors are strong hands and a positive mindset. Many were still living in the doubts and obviously, this is a common probable cause of panic. No matter how we encourage people to stay calm and positive, still, a lot of people will make their way away from it. For mine, I don't think that the downtrend that is being discussed lately.. is not a sharp decline and only a short term that will pump after it, and that downtrend could be a buying time.
We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?
I will only believe that we are in the seasons of down trend when bitcoin drop down to 20k$ but for now we are still at 33k$ price and there is still big a big chance to rise up to 100k$ or above before year 2021 end. There are so many things that an posibly happen and crypto had a good start this year so i believe and hoping that we will be also having a good year end. What do you think about it? What is your view point?
A new Bitcoin downtrend has started, yeah. The price has come down to $34k. I wonder whether we will see a level below $30k this time. If it happens, I have no idea about what the new dip can be.
Bitcoin has been confirmed down at the 28k level and maybe it will happen again if market conditions continue to decline, bitcoin has been stable at $35k+ since the previous few days and many patterns predict bitcoin will only enter $31k for the lowest price but that is only part of the market analysis. However, this is an auspicious time to allocate 20% to add coins in the portfolio.I've bought some already after the big dump (from $60k to $30k). But I'm not sure whether to buy more or not. Because the movements of the Bitcoin price is very suspicious. I decided to wait for more time to make sure if it's the right time to accumulate more.
The downtrend won't last long, it's like a natural thing that often happens because of just a few things, people panic here will be seen and of course that becomes one thing that hinders the profit.
For mine, I don't think that the downtrend that is being discussed lately.. is not a sharp decline and only a short term that will pump after it, and that downtrend could be a buying time.
For mine, I don't think that the downtrend that is being discussed lately.. is not a sharp decline and only a short term that will pump after it, and that downtrend could be a buying time.
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