Topic: Is someone worried about the recent decline of BTC? - page 13. (Read 2710 times)
This is the main reason why no one is worried too much this time. We have seen so many investments and so many buyings from people outside crypto that the community knows now that those investors are here to stay and also looking for more dips. Especially the 52k$ mark is too much important as we have seen huge support and buying in that price range. BTC could go up to 40k$ max which has enormous support in my opinion.
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000
indeed recently the price of bitcoin has decreased and has fallen to more than 5% in about 24 hours. In my opinion, the reason for the decline in bitcoin prices is due to bitcoin holders who have long held bitcoin, so they really want to feel the benefits of the business they have done and in addition Muslims will celebrate their big religious holidays.
those who need money are forced to sell their bitcoins for necessities during the major Muslim holidays.
Is someone worried about the recent decline of BTC?
Personally, I'm not worried since 1 BTCitcoin has always been equal to 1 BTCitcoin [other conversions don't matter] and I've always used it for what it was meant for as opposed to most of the newcomers that only see it as an investment asset [they're using it for the wrong reason].
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
This is just a normal scene before a great event coming which is probably a new ATH. no need to worry about it since this is just normal when the price is about to pump again. One should consider the upcoming things will be another good news to the market but one thing should be done and that's when those people that currently holding bitcoins need to have a courageous act to hold their bitcoins to refrain the price from further dropping.
Bitcoin is actually pretty stable these days around 55,000$ more or less. I don't think it's worrying, because small corrections like this are a positive indicator bitcoin is strong and has a lot of support from investors. If someone said years ago bitcoin would rise to such value at once and keep the price I wouldn't believe that, as the crypto market is known for unexpected deep corrections. So far it's not happening, what is really good.
There are more good things than bad things happening in crypto universe right now, so definitely no reasons to worry.
There are more good things than bad things happening in crypto universe right now, so definitely no reasons to worry.
Whales are still messing up bitcoin's price up until now. We had a lot of bad experiences from the past just because they are too big to be criticized that's why for sure they wouldn't listen. It might look like another correction or just another dip but the risk is still there. We once witnessed bitcoin's value go down continuously last 2018 and it is understandable that up until now we are still worried from experiencing such things again. Nevertheless, we can either take the dump as an opportunity to buy and keep on holding till it makes another ATH or start selling while the value is still far from the lowest it can be.
I like how the idea of checking the capacity of the whales to go and analyzing that it should be the floor. I mean, it has been established that it's the current price range now, and I love how it's always within this current range, and it's pretty healthy for BTC or generally crypto to be accepted by the public. It's just making rounds, and the story where people have gained riches because of BTC makes it even more enticing to new people, so I think it's not going any lower anytime soon.
Personally, I'm not worried about it. I'm consistently cashing in and buying BTC and averaging out my entry with it. It's something that you can believe in for sure. Diamond hands, as they say. HODL.
Personally, I'm not worried about it. I'm consistently cashing in and buying BTC and averaging out my entry with it. It's something that you can believe in for sure. Diamond hands, as they say. HODL.
The fall should at least bother the holders of bitcoin and everyone else, too, since it has long become a kind of index that, like a locomotive, pulls everyone else up and down. Personally, I am calm even though I have a certain amount of bitcoin and its alternatives. I have invested for a long time and have never thought to sell because I am waiting for specific indicators of profit, namely, the multiplication of investments by three times. I am patient and not prone to panic attacks, fortunately. 
Declination with regards to the price of Bitcoin has nothing to be worried about specially when you are already staying long enough and have already witnessed various declinations that have happened on it from the past years of existence. Compared to what it is before, the declination of Bitcoin is just on a minimal phase while on the past years, it have massively turn into crash after declination that it took years before it have regained possession on its price exceeding its past ATH. We have already witnessed Bitcoin's capacity and capability to bounce back from down fall so such kind of declination is something not to be worried about.
Speaking of years ago, bitcoin was frequently red candles stretching to the bottom of the bottom, every day we could see the pressure on bitcoin was enormous, preventing its rebound, compared to the simplicity of bitcoin's current price drop, it's impossible to understand why we need further anxiety because these red candles can be strong but very quickly a recovery will improve that. This is something that hasn't happened very often in the past, bitcoin has had very different things and our community has shown the same actions, not worrying too much and know how to adjust every action so that the price of bitcoin does not fall deep 
there is no "recent decline of BTC" that i can see! there was a drop many weeks ago and ever since then price has been in the same range without changing that much. 6%-7% rises and falls are nothing for bitcoin.
also the lowest price that it can go for the time being is $54.5k to $55k and highest it can go is $59.5k until the day it goes above $60k and it is all over for stable price.
$52k is arbitrary.
also the lowest price that it can go for the time being is $54.5k to $55k and highest it can go is $59.5k until the day it goes above $60k and it is all over for stable price.
$52k is arbitrary.
Declination with regards to the price of Bitcoin has nothing to be worried about specially when you are already staying long enough and have already witnessed various declinations that have happened on it from the past years of existence. Compared to what it is before, the declination of Bitcoin is just on a minimal phase while on the past years, it have massively turn into crash after declination that it took years before it have regained possession on its price exceeding its past ATH. We have already witnessed Bitcoin's capacity and capability to bounce back from down fall so such kind of declination is something not to be worried about.
the lowest price can drop now at $ 52,000
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I do not agree with you... it could drop more than that... even if at that price we had a buyer's wall it can be crush with the right amount of BTC. Just think about what would happen if Winklevoss twins decide to sell their 120,000 bitcoins. That would crash the value close to $20k. So, the lowest price it can drop is more than we expect.
But I'm not worried, after all these years in this crypto-world I know bitcoin price is in constant change, it moves up or down, but it never stays in one price for a long period.
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
me? I'm not concerned in the least. This is just a good correction, and those who have been hodling for a long time will simply sell and buy in the dip. Since people are only beginning to invest in crypto, don't make it too complicated or too short. They've come this far, and many popular people such as Elon Musk and Mark Zuckerberg started to get interested in it.$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
Last year, when bitcoin fell from $20k to $5k in March, it was extremely cheap, and look what happened: it rallied to $60k. Just trust the market, everything will go well.
I ain't worried about the decline in bitcoin because i know the bullish season is still very much around and we will surely see a new all time high after a strong decline, we shouldn't worry about price decline this season rather we should see it as an opportunity to invest more because surely price will pump higher than it was, no need of panicking when red shows up rather buy the deep if you got extra or free funds. This season has already made hodlers rich while panic sellers will always be in regrets when prices pump higher why there must have sold so cheap, patience is also a key to success in this crypto space.
I am not worried at all as I see Ethereum and other altcoins go up in a big way recently and for Bitcoin I think this will be a boost in the long run.The king cannot go extremely down once his servants are going up so I am waiting for the end year boom of Bitcoin which will make us all happy.
I'm not worried at all. I don't think we'll get new ATH soon and it can fall below 52,000 but in long term It'll hit 100k and even more. Just HODL. And buy the dips and you're gonna win.
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
Only weak Person is worried because as we can see, it only drops a little from 50k recently but recovered ASAP and now stands to more than 50k again.$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
and actually tried couple of times to break the 60k once more though its getting tough fight.
We knew that the bull isn't over and just waiting for the next wave to make another ATH.
Just Hold on and keep the faight.
never lose your momentum because it will only make you desperate and wrong decisioning .
$ 52,000 “Should Be BTC Floor.”
Lol screw $52k, let it drop to $10,000 if possible. The lower the price drop, the better the opportunity, and the more price increase I can have for the long-term. Also, we probably need another shake-off to get the weak hands out. People are getting too cocky investing in animal coins.
The camp is divided in different groups, those who want Bitcoin to keep going up,
those who dont pay any attention to the Dollar value and those who dont mind if
it goes down in value to avail of what is now regarded as "cheap" Bitcoin even if its $40k.
Im not worried about this perceived decline in Bitcoin, irs not a decline its just a
sideways movement, we are just hovering between two price points, $49 - $58k
A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000.
So what do you call $58,000? Is it an extremely strong support for Bitcoin, temporarily?You should know
- Support can flip to become resistance and vice versa.
- Strong supports will be broken and whales will wait to accumulate at much lower price than strong support price
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As such, the lowest price can drop now at $ 52,000
$ 52,000 “Should Be BTC Floor.”
It can drop deeper (you're too optimistic) but I expect a 2 to 3 months of side way for Bitcoin. It can be shorter because with institutes and more new influential people, they might sudden shill Bitcoin and break the side-way. $ 52,000 “Should Be BTC Floor.”
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
There is no assurance that it won't drop < $50k, we have seen that it goes down to $47k because of FUD. The thing with BTC though is that we are still in the bull run and we have seen a recent decline to $55k. So it means there are people who are shorting bitcoin and probably moving to alts to make another quick buck.
So we still have a long way to go, we might see the price trading along this price at least end of the month, unless we will have a imminent break out run to $60k++.
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