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Topic: The Bitcoin promise grows stronger. (Read 192 times)

hero member
Activity: 2856
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She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for  while, first.

I was thinking she was going to start rising again. I had to step away from the computer. So I didn't see this big drop start. But since I hadn't gotten back in, still safe.

Cool

EDIT: Oh, she jumped back up. Maybe now is the time.
Every news surrounding bitcoin is saying that it will be bullish but I am surprised why it is not happening yet. I expected that bitcoin will form a great resistance at $100k but it didn't happen. I personally will not like bitcoin to fall from this level. If it is possible, she should give us $110k and $120k from here. The environment and laws are more friendly now. BTC please...
Bitcoin has its own timeframe. It will happen but we can’t be certain when’s exactly it will be visible. The important thing is, we don’t see bigger dips this time, which may lead to a bearish price if its drops down consistently. But I’ve high hopes that bitcoin will give us another impressive price weeks from now, we just have to be patient while waiting for it. For now, we may encounter a temporary price drop but definitely, the price will soon rise up again.
sr. member
Activity: 728
Merit: 444
She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for a while, first.

Before thinking about what's going to happen to the price of Bitcoin, what are you using to do your analysis of the market because without doing any analysis, all what you're saying are just assumptions and not what's going to happen. You can speculate but always try to backup your speculation so you don't sound like most of the people online praising Bitcoin without having any evidence that Bitcoin price is going to pump or dump.

This people are among those convincing the newbies joining the industry to invest when they're not supposed to be investing but studying more to understand the industry that they're joining before it's too late to leave as the market has eaten their money. I like as you're using the female pronoun she, for Bitcoin as it shows without Bitcoin existing none of the other cryptocurrency would have existed.
legendary
Activity: 952
Merit: 1000
bitcoin already got somewhere you simply do not see anything like bitcoin who would have thought its value would reach $100k? not a lot of people and it only took less than 2 decades so if you were early on bitcoin you should have already made something out of bitcoin and good news is you probably aren't that old yet

you may also be underestimating how many young people are into bitcoin these days

You don’t even need to go way back to the start pick up bitcoin from last five years bitcoin was still low, bought from the last three years bitcoin u you’d be in huge profit now. Bought it at the beginning of last year you’d still be in profit now. For me bitcoin has its ups and downs or rather its fluctuations but it is still there as the best performing asset to have your retirement benefits stored. This current global market dip has definitely proving bitcoin ability to hold up against FUD or what so ever, anyone with their funds on Altcoins now might be the ones ageing fast .
full member
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Yeah. Lots of people will die of old age before Bitcoin gets anywhere. Grin

Cool
bitcoin already got somewhere you simply do not see anything like bitcoin who would have thought its value would reach $100k? not a lot of people and it only took less than 2 decades so if you were early on bitcoin you should have already made something out of bitcoin and good news is you probably aren't that old yet

you may also be underestimating how many young people are into bitcoin these days
sr. member
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Usually technical analysis can help us identify large volume trades exiting the market. If we see a long bearish candle, it most likely comes from weak hands starting to sell their assets.

As we know, BTC coins always get a big portion with market demand increasing rapidly. Although it is quite expensive to look at, the current price is not the highest price. Maybe for this year we should collect it immediately.
copper member
Activity: 196
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Yeah. Lots of people will die of old age before Bitcoin gets anywhere. Grin

Cool

A good BTC stash would transform into the good retirement.

legendary
Activity: 4046
Merit: 1389

~

Of course, Bitcoin will soon surpass $100k again and even reach a new ATH but the question is how many people can wait for that to happen. I mean, when investing in bitcoin, we should stop asking when bitcoin will hit $100k, $200k or $1 million because it will almost certainly happen. Instead, we should ask ourselves whether we can wait until that happens.

Yeah. Lots of people will die of old age before Bitcoin gets anywhere. Grin

Cool
hero member
Activity: 1974
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In my opinion, this is just a healthy correction that is happening which I think should not be over-reacted because after Bitcoin hit 100K, Bitcoin only had a healthy drop that did not exceed 90K which should be a more interesting daily drop to watch the market reaction rather than letting it happen for a moment. Because I consider this healthy drop as my chance to accumulate more Bitcoin and also the best opportunity for those who are short-term traders because after the healthy drop that happened, Bitcoin price went back to 100K and this happened several times. And besides that the lower volatility indicates a more stable and directional price movement which eventually Bitcoin price will go beyond 100K and even more, and it is just a matter of time and what happens to Bitcoin price movement which in my opinion is fine and nothing to worry about.

Even if bitcoin drops below $80k or $70k, we should not overreact because bitcoin is a highly volatile investment. If it can go up 100% or 300% then a 30% or 40% correction is also normal and as bitcoin investors we should adapt to that.

This correction is another opportunity for long term holders but I don't think it is a good opportunity for short term traders as there is no guarantee that bitcoin will not fall further. Especially as geopolitical uncertainty increases due to Trump's tariff policies, the market will become even more unpredictable.

Of course, Bitcoin will soon surpass $100k again and even reach a new ATH but the question is how many people can wait for that to happen. I mean, when investing in bitcoin, we should stop asking when bitcoin will hit $100k, $200k or $1 million because it will almost certainly happen. Instead, we should ask ourselves whether we can wait until that happens.
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Who is "she"? If you are talking about Bitcoin, the correct term is supposed to be "it", not "he" or "she". Grin
Grin Grin Grin Grin Grin Grin Grin Grin Grin Instead of a beloved girl, many now have BTC   Cheesy
hero member
Activity: 3234
Merit: 941
She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for a while, first.

I was thinking she was going to start rising again. I had to step away from the computer. So I didn't see this big drop start. But since I hadn't gotten back in, still safe.

Cool

EDIT: Oh, she jumped back up. Maybe now is the time.

Who is "she"? If you are talking about Bitcoin, the correct term is supposed to be "it", not "he" or "she". Grin
What price drop are you talking about? The current Bitcoin price is still around 97K USD, which isn't bad. I'm not obsessed with the BTC price movements and I don't care if the price drops by several thousand dollars. Being obsessed with the BTC price movements is a rookie sign, and you are a legendary forum member. You probably have big experience with trading BTC throughout the years.
Maybe the "Trump pump" got exhausted and there are signals that the price might drop below 90K USD soon. This doesn't bother me at all.
member
Activity: 126
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We saw only one healthy reaction of Bitcoin where Bitcoin reached $90k, but it did not last long. It was a small market crash, this fall made people more interested in buying Bitcoin, and at that time there was a lot of opportunity for short-term investors to buy Bitcoin. I have seen Bitcoin go up like crazy and then down a little bit and then back to where it was, which has happened several times. This was not a sick fall for Bitcoin, but a healthy fall that recovered in a short time, so Bitcoin's price went from $90k to $100k again. But we can expect that since Bitcoin is currently in the $96k range, it will definitely stabilize for a short time, but it will run up like crazy again.

I'm tempted to get back in. But my profits are safe where they are. Maye not quite yet.

Cool

Keep working on it, friend!
We still didn't see the biggest push yet for BTC, in my opinion.
For now, we fight for staying above 100k, but then - the gates will be opened.
hero member
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Bitcoin is down and we don't know if this will continue or not. But we hope that the down is stop and replace to the up. But if the price still going down, that will not be a problem because we have more time to buy Bitcoin at a discount price remind that we see Bitcoin highest price is at $109k. So we will have a big chance to make a big profit in the future if we can use this moment to buy more Bitcoin.

Yes, Bitcoin will increase again although we don't know the right time to see the price increase so we just need to wait for a while. We have much time to wait and see when Bitcoin price increase. We don't have to worry with that and it is better to use our time to accumulate more Bitcoin.
legendary
Activity: 4046
Merit: 1389
We saw only one healthy reaction of Bitcoin where Bitcoin reached $90k, but it did not last long. It was a small market crash, this fall made people more interested in buying Bitcoin, and at that time there was a lot of opportunity for short-term investors to buy Bitcoin. I have seen Bitcoin go up like crazy and then down a little bit and then back to where it was, which has happened several times. This was not a sick fall for Bitcoin, but a healthy fall that recovered in a short time, so Bitcoin's price went from $90k to $100k again. But we can expect that since Bitcoin is currently in the $96k range, it will definitely stabilize for a short time, but it will run up like crazy again.

I'm tempted to get back in. But my profits are safe where they are. Maye not quite yet.

Cool
sr. member
Activity: 728
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February 09, 2025, 09:51:07 PM
#13
We saw only one healthy reaction of Bitcoin where Bitcoin reached $90k, but it did not last long. It was a small market crash, this fall made people more interested in buying Bitcoin, and at that time there was a lot of opportunity for short-term investors to buy Bitcoin. I have seen Bitcoin go up like crazy and then down a little bit and then back to where it was, which has happened several times. This was not a sick fall for Bitcoin, but a healthy fall that recovered in a short time, so Bitcoin's price went from $90k to $100k again. But we can expect that since Bitcoin is currently in the $96k range, it will definitely stabilize for a short time, but it will run up like crazy again.
hero member
Activity: 1022
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February 09, 2025, 09:42:09 PM
#12
In my opinion, this is just a healthy correction that is happening which I think should not be over-reacted because after Bitcoin hit 100K, Bitcoin only had a healthy drop that did not exceed 90K which should be a more interesting daily drop to watch the market reaction rather than letting it happen for a moment. Because I consider this healthy drop as my chance to accumulate more Bitcoin and also the best opportunity for those who are short-term traders because after the healthy drop that happened, Bitcoin price went back to 100K and this happened several times. And besides that the lower volatility indicates a more stable and directional price movement which eventually Bitcoin price will go beyond 100K and even more, and it is just a matter of time and what happens to Bitcoin price movement which in my opinion is fine and nothing to worry about.
I agree with you that recent drop in Bitcoin price is normal adjustment. Fact is that price always goes back up to $100000 after it drops shows that market is becoming more stable. This up and down movement can actually be good for both people who invest in Bitcoin for long time and those who trade it for short time. It gives themchance to buy more Bitcoin at lower price. Overall it seems like current market situation is not something to worry about but rather a normal change in market.
hero member
Activity: 2870
Merit: 594
February 09, 2025, 08:58:45 PM
#11
Any drop in price is merely a sale!
And just like that, it drop again as the price is stuck at $97k in coinmarketcap, but when I refresh the website, it's back to $95k. So that's how volatile the market is right now and it looks like February will not like 2021 bull run year wherein we have a good increase. Nevertheless, smart investors knows that this is a good price to enter, buy because it's currently at a discount.

Say, 3 weeks ago Larry Fink announced that Bitcoin was going to $700,000. Then he took BlackRock off Bitcoin. That's when BTC started to drop big time.

He might have been playing a game. He or some of his friends are surely still 'playing' it. Just not fully with Blackrock. Methinks he was doing this because of Trump's looking into BlackRock for market manipulation in illegals ways.

Expect that BTC will go back up... maybe not to $700,000 like Fink said. Remember that for many months now Robert Kiyosaki of "Rich Dad Poor Dad" fame, has been saying that we will have a $350,000 BTC in 2025 sometime. This was based on general finances, not really considering the Fink BlackRock move.

I can't tell you what will happen, but these are some major points to consider... points that I think make it look good for BTC.

Cool
Most likely this institution are testing the reaction of the market for every statement that they give out to the public. Although everyone attributed the price decline to the tariff announcement by Trump. But we are still a long way to go for this month and many things that happen in the market that is very positive that will push the price to a new all time high before the end of the year.
sr. member
Activity: 2590
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February 09, 2025, 08:55:49 PM
#10
In my opinion, this is just a healthy correction that is happening which I think should not be over-reacted because after Bitcoin hit 100K, Bitcoin only had a healthy drop that did not exceed 90K which should be a more interesting daily drop to watch the market reaction rather than letting it happen for a moment. Because I consider this healthy drop as my chance to accumulate more Bitcoin and also the best opportunity for those who are short-term traders because after the healthy drop that happened, Bitcoin price went back to 100K and this happened several times. And besides that the lower volatility indicates a more stable and directional price movement which eventually Bitcoin price will go beyond 100K and even more, and it is just a matter of time and what happens to Bitcoin price movement which in my opinion is fine and nothing to worry about.
legendary
Activity: 2562
Merit: 1399
February 09, 2025, 08:10:00 PM
#9
She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for  while, first.
(....)
Those small dumps can't get me, for me it's kinda become normal as I experienced Bitcoin drop from $20k -> $10k and until it reached the current all-time high, those small dumps for me can't even panic sell my bags.
I only take these dumps as a way for Bitcoin to get stronger and a chance to buy more cheap Bitcoins.
legendary
Activity: 4046
Merit: 1389
February 09, 2025, 07:24:47 PM
#8
She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for  while, first.

I was thinking she was going to start rising again. I had to step away from the computer. So I didn't see this big drop start. But since I hadn't gotten back in, still safe.

Cool

EDIT: Oh, she jumped back up. Maybe now is the time.
Every news surrounding bitcoin is saying that it will be bullish but I am surprised why it is not happening yet. I expected that bitcoin will form a great resistance at $100k but it didn't happen. I personally will not like bitcoin to fall from this level. If it is possible, she should give us $110k and $120k from here. The environment and laws are more friendly now. BTC please...

Say, 3 or 4 weeks ago Larry Fink announced that Bitcoin was going to $700,000. Then he took BlackRock off Bitcoin. That's when BTC started to drop big time.

He might have been playing a game.. spoofing us all. He or some of his friends are surely still 'playing' it. Just not fully with Blackrock. Methinks he was doing this because of Trump's looking into BlackRock for market manipulation in illegal ways.

Expect that BTC will go back up... maybe not to $700,000 like Fink said. Remember that for many months now Robert Kiyosaki of "Rich Dad Poor Dad" fame, has been saying that we will have a $350,000 BTC in 2025 sometime. This was based on general finances, not really considering the Fink BlackRock move. Fink simply doubled it Robert's number to say that either BTC was going up, or hat it was going down big time.

I can't tell you what will happen, but these are some major points to consider... points that I think make it look good for BTC.

Cool
?
Activity: -
Merit: -
February 09, 2025, 07:00:43 PM
#7
Any drop in price is merely a sale!
hero member
Activity: 1176
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February 09, 2025, 06:51:24 PM
#6
She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for  while, first.

I was thinking she was going to start rising again. I had to step away from the computer. So I didn't see this big drop start. But since I hadn't gotten back in, still safe.

Cool

EDIT: Oh, she jumped back up. Maybe now is the time.
Every news surrounding bitcoin is saying that it will be bullish but I am surprised why it is not happening yet. I expected that bitcoin will form a great resistance at $100k but it didn't happen. I personally will not like bitcoin to fall from this level. If it is possible, she should give us $110k and $120k from here. The environment and laws are more friendly now. BTC please...
legendary
Activity: 1694
Merit: 1168
February 09, 2025, 06:32:15 PM
#5
Well with previous trend from a couple of weeks
I realised that we close the weekend on a negative
Especially on a Sunday till Monday morning
You can check and confirm(forum time).
So the dip wasn't surprising to me
Somehow I believe there's manipulations at play.

Far from any manipulation. If you trade forex or have ever tried trading forex, you can relate some of the ideas to cryptocurrency trading, how their could be sessions to trading and how these sessions can affect the market with regards to volume of trade and the money in the market at all times.
It doesn’t necessarily have to be manipulated. The market isn’t one that you can easily manipulate and get some consistency if your stands on the weekend are true. Not disputing that though, I’ve observed most weekends I would say to end on a negative note but, I’m saying, it’s not due to market manipulations.
sr. member
Activity: 2618
Merit: 439
February 09, 2025, 06:04:05 PM
#4
I like to call Bitcoin "he" because he's known as the king.
It doesn’t really matter lol. Bitcoin is inanimate. Not even tangible. No use for gendering it.
Quote
But anyway, the price is dropping. For weeks now, Bitcoin has been struggling to hold the $100K level. Still, it's not too alarming as it's just a minor dip compared to its all-time high. I guess we just don't need to overreact at this moment since it's not new to see Bitcoin with less action after its bullish runs, kind of like taking a breather.
We have already seen what happens when we overreact. People tend to doubt bitcoin and start spreading fear but then it goes back up but you have already made bad decisions so just calm down and keep objectives.
legendary
Activity: 3318
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February 09, 2025, 05:54:50 PM
#3
I like to call Bitcoin "he" because he's known as the king. But anyway, the price is dropping. For weeks now, Bitcoin has been struggling to hold the $100K level. Still, it's not too alarming as it's just a minor dip compared to its all-time high. I guess we just don't need to overreact at this moment since it's not new to see Bitcoin with less action after its bullish runs, kind of like taking a breather.
sr. member
Activity: 518
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February 09, 2025, 05:44:45 PM
#2
Well with previous trend from a couple of weeks
I realised that we close the weekend on a negative
Especially on a Sunday till Monday morning
You can check and confirm(forum time).
So the dip wasn't surprising to me
Somehow I believe there's manipulations at play.
legendary
Activity: 4046
Merit: 1389
February 09, 2025, 05:41:51 PM
#1
She's dropping right now and for the last hour in a biggish way. When she drops and levels off, make your baseline where you are going to get back in, or even in for the first time when she starts to arise again. But she IS wild. Maybe you should practice on the Forex for a while, first.

I was thinking she was going to start rising again. I had to step away from the computer. So I didn't see this big drop start. But since I hadn't gotten back in, still safe.

Cool

EDIT: Oh, she jumped back up. Maybe now is the time.
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