Btc dump to 39600 | Bitcointalksearch.org

yohananaomi

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Quote from: Sorryfor on February 27, 2024, 11:40:07 AM

Bitcoin price dynamics seem very natural to me. Bitcoin was between $39k and $43k at the time you posted. However, in just a few days, the price of Bitcoin has reached 57 thousand dollars. This is actually a pretty normal thing to do with Bitcoin. Before the halving, I think the price of Bitcoin will cross $1000. Bitcoin had already crossed $69,000 a few years ago. And in 2024 this year Bitcoin halving has come. The popularity of Bitcoin in cryptocurrency is increasing day by day, people are investing in Bitcoin day by day regardless of whether the price of Bitcoin increases or decreases. I also personally prefer investing in Bitcoin the most.

After breaking through the crucial figure of $53K, overnight it was able to reach $57K and, of course, this is something that could be said to be an extraordinary increase. Bitcoin before the halving seemed to have started to improve, but I didn't expect that before the halving it would reach $100K. Just being able to break through the last ATH was already a surprise in itself. Although predictions may not be accurate and there is always the possibility that this could happen because bitcoin always continues to provide surprises.
I think everyone is the same as you that Bitcoin is the best investment because it never disappoints its holders, so they can continue to make profits, but they have to be patient and not panic quickly.

AirtelBuzz

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Quote from: Sorryfor on February 27, 2024, 11:40:07 AM

Bitcoin price dynamics seem very natural to me. Bitcoin was between $39k and $43k at the time you posted. However, in just a few days, the price of Bitcoin has reached 57 thousand dollars. This is actually a pretty normal thing to do with Bitcoin. Before the halving, I think the price of Bitcoin will cross $1000. Bitcoin had already crossed $69,000 a few years ago. And in 2024 this year Bitcoin halving has come. The popularity of Bitcoin in cryptocurrency is increasing day by day, people are investing in Bitcoin day by day regardless of whether the price of Bitcoin increases or decreases. I also personally prefer investing in Bitcoin the most.

Bitcoin halving has not yet happened but is expected to happen in April 2024.

Not just you Bitcoin price dynamics do not seem normal to anyone because no one can accurately understand when the price of this coin will increase or decrease. Currently the crypto currency market is having a good time now all the coins are increasing in price mainly these coins are increasing in price to increase the price of Bitcoin to a high extent. Bitcoin has hit a high of $57,000 this year. Many are predicting that Bitcoin will hit $60,000 by the end of February and even surpass the all-time high of $69,000 before the Bitcoin halving.

Sorryfor

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Bitcoin price dynamics seem very natural to me. Bitcoin was between $39k and $43k at the time you posted. However, in just a few days, the price of Bitcoin has reached 57 thousand dollars. This is actually a pretty normal thing to do with Bitcoin. Before the halving, I think the price of Bitcoin will cross $1000. Bitcoin had already crossed $69,000 a few years ago. And in 2024 this year Bitcoin halving has come. The popularity of Bitcoin in cryptocurrency is increasing day by day, people are investing in Bitcoin day by day regardless of whether the price of Bitcoin increases or decreases. I also personally prefer investing in Bitcoin the most.

yohananaomi

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Quote from: bestcoins1 on February 03, 2024, 10:34:45 AM

Now the price of Bitcoin has returned to $43K with a range of movement between $42K to $43K at the beginning of this month so everyone will probably continue to take advantage of the current conditions to buy Bitcoin before the real bullishness occurs in the market. I also think that this year's period for Bitcoin will be much better than last year so it is still worth it for everyone to buy more if they have the desire to take out some money through better market conditions later.

Currently, it is at $53K, after staying in the range of $50K-$52K for a long time. Of course, this is good news for the increase in bitcoin, where it was predicted there would be a correction, but instead it continues to increase again. Will this continue to improve until the halving period? And only corrected after the halving period, before continuing to move to reach renewable ATH until 2025!!!
Obviously, you are right that Bitcoin is currently better than last year, but that doesn't stop everyone from wanting to buy and hold it, because Bitcoin continues to improve.

tygeade

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Quote from: Gladitorcomeback on February 03, 2024, 01:36:58 PM

it was 42k$ but now again it attained the worth of 43k$ which is a sign of Bull season and also it guarantees that after each dip the bitcoin goes to more higher worth which refer to the fact that bitcoin is real currency that is not effected by any bad news for longer time.

Every Fluctuation is a new opportunity because with the help of DCA we can easily take help from it and we will be profitable if we buy bitcoin with the method of DCA. It was 39k$ in previous month but it is good news for all of us that it does not go further decrease and attained its possible increasing price once again.

Not every movement has to be bull or bear, sometimes we can consider the price moving sideways and we could say that this one could be one of those. I understand that it may feel like it could look a little different if you are not careful, but you need to consider that as a possibility.

Life in crypto is quite volatile and having some sort of situation that has to be a little different in the end. I get that it is going to be a bit different, and I get that it is going to cost people a lot, but that doesn't mean that you are going to end up with bull or bear each time it moves. Stable/steady is the current price movements, just 1k up or down doesn't really mean much, and it will probably not be something all that big.

FinePoine0

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It is normal for Bitcoin price to go up and down, the more up down, the more profitable for investors. The lower the price of Bitcoin, the more bearish investors will invest, and the higher the price will rise, the more profit taking investors will sell. So now Bitcoin is most in demand in the current market and its price has reached $39 thousand and there is a possibility of further decline. A dip in Bitcoin price before the halving would be the most profitable investment opportunity.

Gladitorcomeback

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Quote from: Zanab247 on February 03, 2024, 07:29:46 AM

Quote from: fzkto

Now the price is back above 44k. The short-term correction made some people think that the price will continue to fall. But in just a few days the situation has changed again in a positive direction. Volatility in the market is a good thing. It may indicate that the trend will continue for the time being.

It has fall back to $42K few hours ago but that is not a challenge for hodlers in this season because some researchers has come up with some positive sign that is giving people joy to use every single opportunity to buy BTC and other potential coins to hodl till the actual time for sale come.

If you don't know, you better know it now that this is the last bear market we are going to experience before the bull market will occur for those that bought when the price was low to use the period to take some massive money from the market.

Yes it was 42k$ but now again it attained the worth of 43k$ which is a sign of Bull season and also it guarantees that after each dip the bitcoin goes to more higher worth which refer to the fact that bitcoin is real currency that is not effected by any bad news for longer time.

Every Fluctuation is a new opportunity because with the help of DCA we can easily take help from it and we will be profitable if we buy bitcoin with the method of DCA. It was 39k$ in previous month but it is good news for all of us that it does not go further decrease and attained its possible increasing price once again.

bestcoins1

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Quote from: Zanab247 on February 03, 2024, 07:29:46 AM

It has fall back to $42K few hours ago but that is not a challenge for hodlers in this season because some researchers has come up with some positive sign that is giving people joy to use every single opportunity to buy BTC and other potential coins to hodl till the actual time for sale come.

If you don't know, you better know it now that this is the last bear market we are going to experience before the bull market will occur for those that bought when the price was low to use the period to take some massive money from the market.

Now the price of Bitcoin has returned to $43K with a range of movement between $42K to $43K at the beginning of this month so everyone will probably continue to take advantage of the current conditions to buy Bitcoin before the real bullishness occurs in the market. I also think that this year's period for Bitcoin will be much better than last year so it is still worth it for everyone to buy more if they have the desire to take out some money through better market conditions later.

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Quote from: Zanab247 on February 03, 2024, 07:29:46 AM

Quote from: fzkto

Now the price is back above 44k. The short-term correction made some people think that the price will continue to fall. But in just a few days the situation has changed again in a positive direction. Volatility in the market is a good thing. It may indicate that the trend will continue for the time being.

It has fall back to $42K few hours ago but that is not a challenge for hodlers in this season because some researchers has come up with some positive sign that is giving people joy to use every single opportunity to buy BTC and other potential coins to hodl till the actual time for sale come.

If you don't know, you better know it now that this is the last bear market we are going to experience before the bull market will occur for those that bought when the price was low to use the period to take some massive money from the market.

$43,000 just to be in the safe side, I saw it going as high as $43,500, so we are still somewhat bullish for this month. January ended with a small but positive dildo but I think that is good enough to the market to see that we are in the green.

Maybe we are in the tail end of the bear market, but if you look at what is the lowest low for this bear cycle at $15,000, you will see that we have grown so much, more than 150% already. And then after the halving, it's obvious that we will be in the bull run, and it's just a matter of how big the price will be, and what will be our all time high, it could be 2x of our last one or even higher.

Zanab247

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Quote from: fzkto

Now the price is back above 44k. The short-term correction made some people think that the price will continue to fall. But in just a few days the situation has changed again in a positive direction. Volatility in the market is a good thing. It may indicate that the trend will continue for the time being.

It has fall back to $42K few hours ago but that is not a challenge for hodlers in this season because some researchers has come up with some positive sign that is giving people joy to use every single opportunity to buy BTC and other potential coins to hodl till the actual time for sale come.

If you don't know, you better know it now that this is the last bear market we are going to experience before the bull market will occur for those that bought when the price was low to use the period to take some massive money from the market.

Yaunfitda

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Quote from: fzkto on December 27, 2023, 07:50:02 AM

Quote from: YUriy1991 on December 27, 2023, 05:00:28 AM

Quote from: FinePoine0 on December 27, 2023, 01:58:58 AM

So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.

I don't see how high fees can make blockchain more attractive. Probably any of us don't want to pay a $10 fee to make a $50 transaction. Right now it is very profitable for miners, but not for regular users. Hopefully this problem will be solved. As for the price drop, I don't think it will happen this year.

We can't blame the miners, they just mine the block and if someone is willing to pay high fees to get their transaction first, then they will accept it. The blame is with the loophole that the Brc-20 developers takes advantage of, that's why the mempool is so clogged right now.

And so it affected us, specially those regular users or doing some DCA along the way. Even signature campaigns here have suffered as well as manager have to pay high fees and it's not an assurance that we can get it on the next block.

FinePoine0

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Quote from: fzkto on December 27, 2023, 07:50:02 AM

Quote from: YUriy1991 on December 27, 2023, 05:00:28 AM

Quote from: FinePoine0 on December 27, 2023, 01:58:58 AM

So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.

I don't see how high fees can make blockchain more attractive. Probably any of us don't want to pay a $10 fee to make a $50 transaction. Right now it is very profitable for miners, but not for regular users. Hopefully this problem will be solved. As for the price drop, I don't think it will happen this year.

At present transaction fees are very high due to which users are in great danger. Those who specifically employ B in the DCA system face the most hurdles as transactions tend to be smaller in size. For the current time such high fees are a bit dangerous for the users.

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Quote from: MFahad on December 19, 2023, 02:25:39 PM

Volatility in the cryptocurrency market cannot be denied, but the current dump can't be compared to daily fluctuations, as the price of Bitcoin has dropped by almost $4,000 at once. Such declines are rare and often only bad news causes Bitcoin to drop this much. Currently, it doesn't look like Bitcoin can touch $45k soon.

Greed has crossed 70 in the Fair and Greed Index, so people can sell. The second is the last week of the year where many people prefer to celebrate holidays instead of trading. If the price of bitcoin falls from here, it will definitely be a good opportunity to buy, but it will definitely be a problem for those who have bought, because they will not have any more money to buy.

The price of bitcoin was dump by 4000$ but now you can see that price again is in green line therefore don't be afraid of fluctuations and as it is again in the range of 43k$ so very soon it will also touch the value of 45k$.

Declines are not rare in crypto market because you will have experience that the year of 2021 and 2022 was very bad years and bitcoin price was the lowest one but those who have firm believe about its upward movement did not say any bad words about it and now they are in profit.

There will be no one who is not in will of buying bitcoin but it is a matter of money so if someone has money they will definitely buy whenever dump occurs but when price goes down in coming year for few days then instead of interest in bitcoin they will not make investment if they don't have money.

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Quote from: YUriy1991 on December 27, 2023, 05:00:28 AM

Quote from: FinePoine0 on December 27, 2023, 01:58:58 AM

So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.

I don't see how high fees can make blockchain more attractive. Probably any of us don't want to pay a $10 fee to make a $50 transaction. Right now it is very profitable for miners, but not for regular users. Hopefully this problem will be solved. As for the price drop, I don't think it will happen this year.

TravelMug

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Quote from: YUriy1991 on December 27, 2023, 05:00:28 AM

Quote from: FinePoine0 on December 27, 2023, 01:58:58 AM

So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.

And it just shows how Bitcoin market is right now, it's full of investors looking to make profit. And with that huge tx fees, it's no longer viable for a small payment scheme sad to say. But it is what it is for now, store of value, an assets it will still give a lot of benefits to us. Just how time flies though, I still remember why back 2017 or even further that I know I have some Bitcoin. And now the price looks very good and making profits to everyone that has been in the market for many years. As for the dump that OP is talking, no, investors is very smart right now to push the price below as the sentiments this month is really very positive and bullish.

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Quote from: FinePoine0 on December 27, 2023, 01:58:58 AM

It is normal for Bitcoin price to be lower and higher, because Bitcoin price was higher in the past, but has decreased since then and currently is 15.5K in January 2023. But from there, the price increased in just a few days, and by the end of 2023, the price of Bitcoin has reached 44K. And it's a small bullrun that makes it normal for bitcoin prices to go up and down a bit. The Bitcoin market fluctuates due to the buying and selling of Bitcoin holders. So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

You and investors have seen how the price of Bitcoin has fallen and risen for a full year now so it is natural that at the end of this year there will be more investors to invest in Bitcoin and also make traders continue to be enthusiastic in seeking profits through Bitcoin. But now what everyone really hopes for is market trends that can continue to improve and transaction costs that are no longer expensive so that everyone can be quite happy when making transactions via Bitcoin to any exchange they like.

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Quote from: FinePoine0 on December 27, 2023, 01:58:58 AM

So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

That's right and this is the real potential. Indeed, this fee problem has never been as bad as before, but if the value of BTC transaction fees remains as high as it is now until early January 2024, you can be sure that BTC prices will be even higher and this can also be read as an indicator of increasing adoption and use of the Bitcoin network, although on the one hand it is very confusing for some people who want to make transactions.

FinePoine0

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Quote from: jinzo26 on December 16, 2023, 08:50:01 PM

Btc broke 42200 support
Now the target is 39600

It is normal for Bitcoin price to be lower and higher, because Bitcoin price was higher in the past, but has decreased since then and currently is 15.5K in January 2023. But from there, the price increased in just a few days, and by the end of 2023, the price of Bitcoin has reached 44K. And it's a small bullrun that makes it normal for bitcoin prices to go up and down a bit. The Bitcoin market fluctuates due to the buying and selling of Bitcoin holders. So I like the Bitcoin market to be higher because as the Bitcoin market improves, the number of investors will increase and the investors will continue to profit.

GeorgeJohn

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Quote from: fzkto on December 20, 2023, 10:22:32 AM

Now the price is back above 44k. The short-term correction made some people think that the price will continue to fall. But in just a few days the situation has changed again in a positive direction. Volatility in the market is a good thing. It may indicate that the trend will continue for the time being.

People doesn't understand that bitcoin price doesn't go strictly or directly for increment at same time, it's obvious that when the prices and it takes correction by falling, it's clear that falling and rising is one of the things that makes the initial value to ascertain to get more stronger but people who is myopic for cryptocurrency price regulations will be very curious or panic to sell, and that's what makes some people to lose in bitcoin, so therefore bitcoin price don't be constant and it doesn't continously rise, when it rise and it also falls to balance the market.

BitcoinsGreat

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Quote from: fzkto on December 20, 2023, 10:22:32 AM

Now the price is back above 44k. The short-term correction made some people think that the price will continue to fall. But in just a few days the situation has changed again in a positive direction. Volatility in the market is a good thing. It may indicate that the trend will continue for the time being.

The price is ranging between 42000 to 44000$ at this moment. I think the price will continue to range within this range until we have any bad news like ETF rejection or any other big exchange hack and then we will come below 40k.

On the other side and the positive side and the more likely equation is that the ETF will be approved and then the Bitcoin will break this range upside and move towards 50k and then towards the all time high.

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