Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
I also don't understand that. But, it's good for us, right?. because if you don't know anything, it could be avoided for you to sell your Bitcoin. From today, I just try to close my eye and ear to do not read and hear any news about Bitcoin. It's good for me, so that strategy makes me hold my btc in bag and pocket. We should know, someone out there still many who have not bought bitcoins, if this good news appears, that make them disappointed and try to spread fud in the next few days. 
Topic: The Bitcoin market is back on track - page 7. (Read 1069 times)
Not to hasty. A correction again occured upon its value reached $30k. We should all know that if there is a drastic increase on the market value, there would also be an overbought to a certain price point which should be a warning that its price could fall anytime. It will only be for long term if the price is slowly but consistently increasing. Simply, these concepts are part of its market volatility. On my end, I do still think that the uptrend will be starting next year still because of Bitcoin halving which is a more valid and stronger reason to sustain an increase unlike with nowadays wherein market manipulation is more of the reason to why the market price increases and decreases in an instant.
Good, that we're able to experience bounce back. However this is temporary in my opinion. Market hadn't turned completely bullish. For now we're on the fluctuating phase where we can make good profit through regular trading. OP have mentioned the price of Bitcoin close to $30k and now the price is around $28k. This is huge and traders who watch it close could book profit in the short term. I believe this fluctuation will continue amidst the positive and negative news happening around the market till it crosses the $35k barrier.
2023-04-14 14:00,
Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.
Some traders made huge profits just from this little drop of the price of bitcoin. Regular trader enjoy the volatility of bitcoin while investors only can watch and enjoy.
was that mean it was not on track? 2😅
Maybe this is just related to the discussion. but indeed the last few days, the Bitcoin market seems to be a little unstable. it seems that many people are trying to cash out Bitcoin for certain purposes. and now the price has started to move again, even touching up to $ 30k. If the price continues to consistently rise little by little or only makes slight changes when it drops, that's a very natural thing. And I am very happy when Bitcoin is back on track.
Maybe this is just related to the discussion. but indeed the last few days, the Bitcoin market seems to be a little unstable. it seems that many people are trying to cash out Bitcoin for certain purposes. and now the price has started to move again, even touching up to $ 30k. If the price continues to consistently rise little by little or only makes slight changes when it drops, that's a very natural thing. And I am very happy when Bitcoin is back on track.
Topic belonging to the Trading Discussion haha anyway in joy I would like to express my feelings here.
Hmm, the Thread is created on good time but when I am posting this the time is 2:38 AM here and the Market is behaving like a crazy Bull vs Bear fight haha from 29K it dropped to 27.4K, and now again the market is pumping towards the 28k I think Bitcoin test again 29k resistance then we can expect a break through otherwise coming is gonna be red to the 25K support region possibility is 60 40. I would love to see a breakthrough because already the correction is enough healthy. If it goes for the more drop then we can expect end of Ay to be 35k line.
Hmm, the Thread is created on good time but when I am posting this the time is 2:38 AM here and the Market is behaving like a crazy Bull vs Bear fight haha from 29K it dropped to 27.4K, and now again the market is pumping towards the 28k I think Bitcoin test again 29k resistance then we can expect a break through otherwise coming is gonna be red to the 25K support region possibility is 60 40. I would love to see a breakthrough because already the correction is enough healthy. If it goes for the more drop then we can expect end of Ay to be 35k line.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
Volatility is a bit of both, it's good that the market is volatile because when prices go down suddenly, you can get in at a lower price and because of the volatility, there's a chance it will go up and you making a profit and it's a bad one especially if you're a panic seller because volatility causes unhinged emotions to go off rails and make you decide unreasonable things when you're in the market like panic buying or selling.Do you ackonowldge that when you buy at low prices with th intent of selling back to fiat at higher prices, you're in fact hurting bitcoin. You are indirectly removing value from bitcoin because, in specific situations, you will be able to buy more bitcoin with the same amount of fiat! Meaning that the bitcoin in the network worth a bit less. I know this is tempting, but you hurt bitcoin. You and thousands or millions of other people looking only for the quick buck of profit!
People need to understand that we need to buy bitcoin, and either hodle it or use it, not trade it back to more fiat. That is reverselly the same shit that the states do when they print money. They devaluate the fiat already in circulation.
2023-04-14 14:00,
Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
On the other hand, the correction now is actually quite good because indeed when they tried to go higher than the previous price for $ 31k a few weeks ago, it was clear that they needed another bounce for that, so indeed the temporary correction has been very good for them.
We don't need to worry too much about it because sooner or later they will continue to improve and this could become possibility for bitcoin.
Market volatility is a good thing for someone and bad for the others. Like if you are a trader and if you can take the advantage of volatility like this, then you are in good hands. And for some people, they don't care about such thing at all. They are the strong hodlers. They have a fixed target and they will only care about their hodlings when their target is met.
And the last group which thinks that it's bad for them are the newbies and panic seller influenced by FUD. So based on your preference, market condition like this could have effect on you.
And the last group which thinks that it's bad for them are the newbies and panic seller influenced by FUD. So based on your preference, market condition like this could have effect on you.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
The correction took place as a market state- normal, but once again, bitcoin's synchronicity became even stronger. The decline in value is temporary and quickly reverts to a faster rate of response to market demand. Perhaps it continues to be an attempt by the bears but the pressure seems to have lost as it fails to win consolidation from bitcoin.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
This is a bullish sign, and there should be no room for a negative market feeling. Previously, when bitcoin was less than $25K, when the price increased to a certain point, it would then pause and wait for another correction before increasing again, finally beating the previous price it reached before the correction. This has been going on for a while, so it's not a new trend, and it's also a good indicator. In the coming days, if the uptrend would continue we might witness a break through to $33K or higher.
2023-04-14 14:00,
Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.
After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
It's a good sign in my opinion of constant movement in the market meaning there are a lot of investors buying and selling Bitcoin. At this early, we can already see the market price increasing up to 30k$ even without the Bitcoin halving event. Surely there will be a huge spike months before halving and that huge spike could easily trigger a lot of investors in the market, which can cause a huge movement. Still, if there is a lot of movement in the market, it could easily create panic in the market that could easily cost up and down in the market.
No one really knows what could happen in the market price for sure so the investment was obviously for long-term investment, but it's a positive investment even though is a risky investment.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
Maybe regarding Volatility we can't say whether it's big or small, but the signs we got seem to provide an opportunity for those who want to enter the market. To be precise, we don't know the significant level that will occur in the market. the highest price Bitcoin has experienced so far this year may just be $31k and rising to $100k quickly seems like a big target.
Surely does attract a lot of investors but investors invest more if the market price of, 100k$ was going to be difficult but it seems doable.
The volatile nature of Bitcoin can't be considered bad because it's one of its features. Bitcoin can reach $100k but you know it won't be an instance that just skyrockets from $30k to $100k.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
LOL
I can understand how that feels but its natural for you to feel that way since you are new and might be experiencing it recently.
Bitcoin does have a huge volatility and what you are seeing now is very natural for bitcoin.
It has happened in the past and will keep happening in the future as well and so you must get used to this high volatility of bitcoin.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
The correction took place as a market state- normal, but once again, bitcoin's synchronicity became even stronger. The decline in value is temporary and quickly reverts to a faster rate of response to market demand. Perhaps it continues to be an attempt by the bears but the pressure seems to have lost as it fails to win consolidation from bitcoin. 
2023-04-14 14:00,
Bitcoin touched its all-time high of $31K which is the 2023 market high. When the market reached $31K we had an idea that the Bitcoin market would soon reach $100K.
Thinking like this, suddenly the market was running down gradually. At other times, the market usually goes down very slowly, but during this period, the market started to go down very quickly and gradually, on 23-04-24 at 22:00, the price of Bitcoin reached $26,942.
After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
Maybe regarding Volatility we can't say whether it's big or small, but the signs we got seem to provide an opportunity for those who want to enter the market. To be precise, we don't know the significant level that will occur in the market. the highest price Bitcoin has experienced so far this year may just be $31k and rising to $100k quickly seems like a big target.
Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
We could predict and analyze all we want but there's no accurate value that we can say in the Bitcoin's worth. Bitcoin's volatility is the reason for people to have opportunities to enter the market or sell. It's volatility one of the reason why it reached its current price so surely it's a good sign. Because if it's value stable then there's no progression for anyone it's either they hold for sell or wait for dump in buying.
After reaching $26,942, the Bitcoin market started to turn positive again. And by today very quickly the Bitcoin market reached $30,036.
This year has been projected to be a good year for bitcoin, and whatever we see now is a result of those projections. Some people have also mentioned that after all this upward movement of bitcoins that there will still a very nasty dump before the next year's halving. Basically I do not understand the reason for so much volatility in the market. Is this volatility a good sign of the market or a bad sign of the market?
The bitcoin market is very volatile, you should be aware before you choose to invest in it. It is due to this very high volatility that has attracted many investors to bitcoin because high volatility provide better opportunity to make better profit unlike low volatility investments with lesser chances to make big profit. Volatility can also be the reason for some people's loss, volatility is good and bad. 
The sudden movement of prices makes traders lose the chances of buying at the lowest possible. If they expect the price to go lower because the indicators they were using say so, they will wait but suddenly breaks their heart upon seeing the price already soar yet they have not bought.
The ideal chart to use in this kind of market is the 4hour chart. Fair to see where the bottom is. Good to see though that the bull market continues.
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