~snip~
Quite a good opportunity to buy, Bitcoin in 2022 corrected so fast and long, the recovery is quite slow and tends to correct again, this shows a reversal method in a decade, but don't worry if we still keep investing in Bitcoin, because this the beginning of the pumping towards the new ATH, there is no need to panic in investing in Bitcoin, because in the long term Bitcoin will continue to strengthen
Topic: Btc price moving too much (Read 660 times)
If you are annoyed seeing the same thing then you should ignore them and reply only to the topics or comments that you like the most. The word "correction" is normal here in btc/crypto and people use that word to describe the situation of the market or the price of the coins but I think you are right that some people overly use the word even if its already obvious that there are no corrections yet that happen.
A small drop in the price can't be called a correction but a correction is something that are close to bear/dumps, where the fall of the price is kinda heavy. Indeed that there is something wrong on why the price acted like this but we should be seeing a bull run by now.
I would guess that correction could be tiresome if you are losing money. I mean think about it, in a situation where you are bleeding dry, you will not want people to keep telling you that it is a mere correction and it is not a real fall. Obviously if you look at it as it is right now, it is nothing but just a small drop in grand scheme of things, but for someone who invested recently it might be all that they needed to hate it.A small drop in the price can't be called a correction but a correction is something that are close to bear/dumps, where the fall of the price is kinda heavy. Indeed that there is something wrong on why the price acted like this but we should be seeing a bull run by now.
This is why I believe that it shouldn't be a big deal, it should be something a bit more professional for all the ones involved and correction is part of the vocabulary of all professional traders so if we want to look at it that way, then we have to use that word.
Seeing the price of bitcoin which drops more than 12% in a week, of course, many investors are panicked, correction of more than 50% since ATH 6 months ago certainly makes us have to be vigilant that negative trends will continue, especially since I often hear discussions on Twitter that the opportunity for bitcoin prices will continue to drop and can be under $ 30k. Of course we do not expect this and the best thing when seeing the red market is hold.
~snip~
Quite a good opportunity to buy, Bitcoin in 2022 corrected so fast and long, the recovery is quite slow and tends to correct again, this shows a reversal method in a decade, but don't worry if we still keep investing in Bitcoin, because this the beginning of the pumping towards the new ATH, there is no need to panic in investing in Bitcoin, because in the long term Bitcoin will continue to strengthen
~snip~
Quite a good opportunity to buy, Bitcoin in 2022 corrected so fast and long, the recovery is quite slow and tends to correct again, this shows a reversal method in a decade, but don't worry if we still keep investing in Bitcoin, because this the beginning of the pumping towards the new ATH, there is no need to panic in investing in Bitcoin, because in the long term Bitcoin will continue to strengthenBitcoin already experienced a decline and touched below the price of $37k but fortunately, the price is starting to increase slowly. But we must still be prepared because there is no guarantee that the price will not go back down and touch lower prices again. The red candle is still dominating the market and this is why we need to get ready because, who knows, the market will fall again.
Quite a good opportunity to buy, Bitcoin in 2022 corrected so fast and long, the recovery is quite slow and tends to correct again, this shows a reversal method in a decade, but don't worry if we still keep investing in Bitcoin, because this the beginning of the pumping towards the new ATH, there is no need to panic in investing in Bitcoin, because in the long term Bitcoin will continue to strengthen Yesterday i was anticipating for the price to break 40k resistance which we had been retesting for how many times but it did failed once again since the price had made out some pullbacks but still strongly
able to support or withstand such decline on where it do plays around this levels which does signify that it does have strong support into these levels which it wont really be bad on considering
on making or having your position into these prices which i dont see for it to be a bad idea.Waiting for 35k? Possible and not really that too far off but i do still have that hunch
that we would be taking off on next weeks or months.
It seems that we are headed in that direction, right now the price is going down and it seems we are going to test the resistance level at 35k at some point, personally I am not worried but I doubt the same can be said of all the investors that have been here for less than a year and that invested their money close to the ATH which are worried that we are going to witness yet another important decrease in the price, which may be enough to convince them to sell their coins and get out of the market. able to support or withstand such decline on where it do plays around this levels which does signify that it does have strong support into these levels which it wont really be bad on considering
on making or having your position into these prices which i dont see for it to be a bad idea.Waiting for 35k? Possible and not really that too far off but i do still have that hunch
that we would be taking off on next weeks or months.
Bitcoin already experienced a decline and touched below the price of $37k but fortunately, the price is starting to increase slowly. But we must still be prepared because there is no guarantee that the price will not go back down and touch lower prices again. The red candle is still dominating the market and this is why we need to get ready because, who knows, the market will fall again.
These days there has been a deep correction so that it makes bitcoin drops under $ 40k again and is now in the range of $ 38k, we must be optimistic that the bull run immediately occurs because of this trend often occurs, when a price that looks static it will not turn long off Like the past 2021.
I'm tired of reading that CORRECTION reason for the dumping because it has been months after the Bull run of 2021 passed yet you are talking about correction , and this is not mate and so we knew that there are something wrong with the market nowadays.so if there is something that we must consider is that ? some big company or whales that makes this market moving like this.
A small drop in the price can't be called a correction but a correction is something that are close to bear/dumps, where the fall of the price is kinda heavy. Indeed that there is something wrong on why the price acted like this but we should be seeing a bull run by now.
In 2017 the price of bitcoin rose and shook the world into 2018 the price of bitcoin fell drastically and the price of other alcoins also fell. No one at that time dared to say that the price of bitcoin would rise like it is today, today history is repeating itself, many have complained about the price of bitcoin. some even asked the government to intervene to propose stable bitcoin this is a stupid idea not seeing the experience in 2017-2018.
Then bitcoin already touched $68k+ in 2021 but bitcoin price early dropped in 2022.Bitcoin is a digital virtual currency and bitcoin is a Decentralization it will never be stable.Bitcoin price last 3-4 month around $40k avobe or down just staying $40k level.Market condition Very hard now i Think bitcoin price will be surprised us end of this year.
though there are instance that we will be seeing a fall down to below 30k , but I still stand that there will be enough room for Holding and buying.
able to support or withstand such decline on where it do plays around this levels which does signify that it does have strong support into these levels which it wont really be bad on considering
on making or having your position into these prices which i dont see for it to be a bad idea.Waiting for 35k? Possible and not really that too far off but i do still have that hunch
that we would be taking off on next weeks or months.
In 2017 the price of bitcoin rose and shook the world into 2018 the price of bitcoin fell drastically and the price of other alcoins also fell. No one at that time dared to say that the price of bitcoin would rise like it is today, today history is repeating itself, many have complained about the price of bitcoin. some even asked the government to intervene to propose stable bitcoin this is a stupid idea not seeing the experience in 2017-2018.
Then bitcoin already touched $68k+ in 2021 but bitcoin price early dropped in 2022.Bitcoin is a digital virtual currency and bitcoin is a Decentralization it will never be stable.Bitcoin price last 3-4 month around $40k avobe or down just staying $40k level.Market condition Very hard now i Think bitcoin price will be surprised us end of this year.
though there are instance that we will be seeing a fall down to below 30k , but I still stand that there will be enough room for Holding and buying.
These days there has been a deep correction so that it makes bitcoin drops under $ 40k again and is now in the range of $ 38k, we must be optimistic that the bull run immediately occurs because of this trend often occurs, when a price that looks static it will not turn long off Like the past 2021.
I'm tired of reading that CORRECTION reason for the dumping because it has been months after the Bull run of 2021 passed yet you are talking about correction , and this is not mate and so we knew that there are something wrong with the market nowadays.so if there is something that we must consider is that ? some big company or whales that makes this market moving like this.
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I highly doubt that we would have it in 4 years again, the increase started in 2020 but the real one happened in 2021, which means that by 4 year rule it should be either 24 or 25 when the price goes up too much and the volatility goes insane. I doubt that it would be that late, by the end of this year or next year we are going to see huge movements as well.
This time around we didn't dropped as much as 2018 neither, that was like 80%+ drop and some even went down 90%+ as well, I doubt that we will go down that much this time around, it is not even 50% drop on bitcoin right now, so it will not be exactly the same thing, it will be a bit different for sure.
This time around we didn't dropped as much as 2018 neither, that was like 80%+ drop and some even went down 90%+ as well, I doubt that we will go down that much this time around, it is not even 50% drop on bitcoin right now, so it will not be exactly the same thing, it will be a bit different for sure.
I believe this is normal. As time goes on and the price goes up, it is normal for volatility to be reduced: not so high cap prices and not so sharp drops. I think it's a bit like when a start-up is consolidating and becoming a big company.
I find it funny that the thread creator says that the price moves a lot. Let him look at how the price moved 10 years ago and compare.
Volatility is something normal that BTC will always experience, if we start to see the market has many phases, which is accumulation and distribution, if we go to Wyckoff's theory, this is fulfilled, and taking into account the mobility of BTC from 2014 to 2017 the accumulation stage occurred and then the bullish trend stage occurred and then the Distribution, then the bearish trend and later the accumulation stage occurred again, I think that the volatility that It does all this in a period no longer than 3-4 years, which indicates that for the purposes of a pattern every 4 years normal upward movements can occur.
I highly doubt that we would have it in 4 years again, the increase started in 2020 but the real one happened in 2021, which means that by 4 year rule it should be either 24 or 25 when the price goes up too much and the volatility goes insane. I doubt that it would be that late, by the end of this year or next year we are going to see huge movements as well.This time around we didn't dropped as much as 2018 neither, that was like 80%+ drop and some even went down 90%+ as well, I doubt that we will go down that much this time around, it is not even 50% drop on bitcoin right now, so it will not be exactly the same thing, it will be a bit different for sure.
These days there has been a deep correction so that it makes bitcoin drops under $ 40k again and is now in the range of $ 38k, we must be optimistic that the bull run immediately occurs because of this trend often occurs, when a price that looks static it will not turn long off Like the past 2021.
Recently, the erratic bitcoin price has caused many investors to struggle in trading decisions. Short term investors tend to sell out of fear, I think Bitcoin recovery will need to keep the price above $40k. Bitcoin is a highly volatile virtual currency, so I don't think I should stress and sell at a loss now, waiting for the right price to get a higher profit.
The change in the value of Bitcoin today is indeed a nature that has existed from Bitcoin long ago if it is not stable so that it can change at any time and at any time. And from the past until now Bitcoin still survives and still gets the trust of many people. This shows that Bitcoin is a really strong coin and already trusted even though the value is not stable. In addition, because of the instability, people can benefit from it. When the turn value they buy Bitcoin and when the price goes up they sell it, so the cycle goes on. So don't blame Bitcoin or the market if the value changes quickly and drastically because of that indeed the characteristics of crypto.
What will be the exact meaning for this.You want to have the good rise in the price or you are worrying for the reduction of the price of bitcoin.It’s was confusing for me ,why you are worrying for this.Both the pump and dump was the cause of the bitcoin sustainability.Unless their was fluctuations,who will buy the dummy assets for the growth of their assets.So profit is reason for the growth of the bitcoin.
Volatility is something normal that BTC will always experience, if we start to see the market has many phases, which is accumulation and distribution, if we go to Wyckoff's theory, this is fulfilled, and taking into account the mobility of BTC from 2014 to 2017 the accumulation stage occurred and then the bullish trend stage occurred and then the Distribution, then the bearish trend and later the accumulation stage occurred again, I think that the volatility that It does all this in a period no longer than 3-4 years, which indicates that for the purposes of a pattern every 4 years normal upward movements can occur.
In 2017 the price of bitcoin rose and shook the world into 2018 the price of bitcoin fell drastically and the price of other alcoins also fell. No one at that time dared to say that the price of bitcoin would rise like it is today, today history is repeating itself, many have complained about the price of bitcoin. some even asked the government to intervene to propose stable bitcoin this is a stupid idea not seeing the experience in 2017-2018.
Then bitcoin already touched $68k+ in 2021 but bitcoin price early dropped in 2022.Bitcoin is a digital virtual currency and bitcoin is a Decentralization it will never be stable.Bitcoin price last 3-4 month around $40k avobe or down just staying $40k level.Market condition Very hard now i Think bitcoin price will be surprised us end of this year.
Then bitcoin already touched $68k+ in 2021 but bitcoin price early dropped in 2022.Bitcoin is a digital virtual currency and bitcoin is a Decentralization it will never be stable.Bitcoin price last 3-4 month around $40k avobe or down just staying $40k level.Market condition Very hard now i Think bitcoin price will be surprised us end of this year.
This only shows how volatile and unpredictable cryptocurrency especially bitcoin is. You may not be comfortable in its price if it would be stable at that certain price or it may go above or below its current market price. So I can say here in crypto we need to be used about the fluctuations and be used about the unexpected price rise and drop. It is full of surprises but one thing for sure if you are an investor and manage to invest in a low price rest assured that you will get your profit once you sold during ATH.
In 2017 the price of bitcoin rose and shook the world into 2018 the price of bitcoin fell drastically and the price of other alcoins also fell. No one at that time dared to say that the price of bitcoin would rise like it is today, today history is repeating itself, many have complained about the price of bitcoin. some even asked the government to intervene to propose stable bitcoin this is a stupid idea not seeing the experience in 2017-2018.
Then bitcoin already touched $68k+ in 2021 but bitcoin price early dropped in 2022.Bitcoin is a digital virtual currency and bitcoin is a Decentralization it will never be stable.Bitcoin price last 3-4 month around $40k avobe or down just staying $40k level.Market condition Very hard now i Think bitcoin price will be surprised us end of this year.
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