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Topic: The bull market is back? BTC is 57k - page 2. (Read 955 times)

newbie
Activity: 19
Merit: 0
June 14, 2021, 05:06:36 AM
#92
The fact that the market is manipulative is understandable. Draw anything on the chart. But so far I have only heard from you criticism without an alternative, unfortunately.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
June 12, 2021, 05:15:23 PM
#91
Now that we're down by $35k, we're wanting to see the price of bitcoin back again at $57k. Before, when it had hit the all time high and when it dropped to $57k.
The worries came that it's already the bear market and we wish to see $60k+ again. But as of now, we're all just wanting to see bitcoin back to $50k level and that's already a high price to maintain but sadly, it had dropped too much.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 12, 2021, 04:57:00 PM
#90
at time frime weekly Bitcoin price looks good and stays at $ 30k when the bottom happened a few days ago,
and it has proven that the strongest support is there, now it's recovering and touching $ 40k again,
if It can trade above $ 40k I think Bitcoin price will be heading down to $ 45k after that to another $ 50k
Next barrier is $38,000 before Bitcoin reaching $40,000 but Bitcoin still trying to break this resistance. There is not a clear picture whether BTC break the $38K and hold above it. The market scenario quite bear right now and seems like won't change soon. Till then we have to hold our breath, waiting for more confirmation.

Agree with that, it's bearish already and we are not anymore seeing a huge pump as we saw during the first 3 months of the year. The correction might continue until the end of the year, and that would mean the price of bitcoin will go down below $30k which is a good buying opportunity again.

We will never know how low it will dip, but $20k below is still possible.
I agree, it is still early to speculate market price but the data points the bearish market patterns. In few months, the clear direction of trend will be known so the chances of buying low is high. The BTC dominance rate also going up, the short squeeze will happen on altcoin markets, Imo.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
June 12, 2021, 09:35:07 AM
#89
at time frime weekly Bitcoin price looks good and stays at $ 30k when the bottom happened a few days ago,
and it has proven that the strongest support is there, now it's recovering and touching $ 40k again,
if It can trade above $ 40k I think Bitcoin price will be heading down to $ 45k after that to another $ 50k
Next barrier is $38,000 before Bitcoin reaching $40,000 but Bitcoin still trying to break this resistance. There is not a clear picture whether BTC break the $38K and hold above it. The market scenario quite bear right now and seems like won't change soon. Till then we have to hold our breath, waiting for more confirmation.

Agree with that, it's bearish already and we are not anymore seeing a huge pump as we saw during the first 3 months of the year. The correction might continue until the end of the year, and that would mean the price of bitcoin will go down below $30k which is a good buying opportunity again.

We will never know how low it will dip, but $20k below is still possible.
newbie
Activity: 19
Merit: 0
June 12, 2021, 07:01:55 AM
#88
at time frime weekly Bitcoin price looks good and stays at $ 30k when the bottom happened a few days ago,
and it has proven that the strongest support is there, now it's recovering and touching $ 40k again,
if It can trade above $ 40k I think Bitcoin price will be heading down to $ 45k after that to another $ 50k
Your experience, which you have a little, suggests that it is easier to buy and forget .. basically, traders rarely have joyful feelings - when everyone is crying - you need to buy, when everyone is crying - you need to buy even more)))
everything is elementary)
full member
Activity: 1064
Merit: 100
Combo Network
May 27, 2021, 02:37:50 PM
#87
at time frime weekly Bitcoin price looks good and stays at $ 30k when the bottom happened a few days ago,
and it has proven that the strongest support is there, now it's recovering and touching $ 40k again,
if It can trade above $ 40k I think Bitcoin price will be heading down to $ 45k after that to another $ 50k
newbie
Activity: 19
Merit: 0
May 27, 2021, 07:29:08 AM
#86
Gensler yesterday threatened to tighten market control to protect investors. Speaking to members of the relevant committee of the US House of Representatives, he stressed the need to strengthen monitoring
member
Activity: 1162
Merit: 58
May 27, 2021, 05:51:35 AM
#85
BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?  Smiley


No you did not made a mistake selling at 50,000 because if you still keep the holding then you will end up selling at 30,000 and that is a Huge loss from a chance you have at 50k
Bitcoin price now is in under pressure and continue to go down, at this time the price hit bottom $39,126.27.
Do you all think that the price will rise again and exceed the ATH $62k?
Maybe it will takes time, but I hope bitcoin will comeback stronger and more stable in price.
continue to go down? seriously ? look at the market now https://coinmarketcap.com/ bitcoin is starting to recover from the deep loss.
member
Activity: 588
Merit: 10
-ethernity cloud-
May 27, 2021, 05:00:45 AM
#84
Bitcoin price now is in under pressure and continue to go down, at this time the price hit bottom $39,126.27.
Do you all think that the price will rise again and exceed the ATH $62k?
Maybe it will takes time, but I hope bitcoin will comeback stronger and more stable in price.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
May 26, 2021, 10:47:13 PM
#83
The bull market I think has been present, but somehow this correction was very strong, in this case we could talk that all the highs are recovering, BTC only has a 2% -3% recovery, one of the currencies of rapid recovery has been BCH, because it has exceeded the resistance at 685usd:


Quote
The downsloping 20-day EMA ($908) and the RSI below 43 suggest advantage to the bears. If the price turns down from the 20-day EMA, the BCH/USDT pair could drop to $685.36.

A bounce off this support will suggest the sentiment has turned positive and the traders are buying on dips.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

The behavior of all the alts has been affected by the price of BTC, it is normal, here it is evidenced that all the alts depend on BTC.
legendary
Activity: 3794
Merit: 1030
The Best Tipster on the Forum!!
May 21, 2021, 08:22:29 AM
#82
BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?  Smiley


No matter what will happen to the price today I will hold btc till the en of year 2021 beause I've set a limit time on my investment if ever it will rise up to 100k$ I will sell it but if it not reach 100k$ I will still hold it. Losses comes when you give up your holdings and sell in a panic way, so i think we need to calm down to avoid losses market is always goes up and down so we need to always adjust.
Agreed.The dip was bound to happen after such a long time.The market just went up and up and up
we should expect the price to be stable at least for a couple of days after that we can see an upraise again and expect it to be back when it was a couple of days ago
full member
Activity: 1251
Merit: 103
Buzz App - Spin wheel, farm rewards
May 21, 2021, 08:04:27 AM
#81
BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?  Smiley


No matter what will happen to the price today I will hold btc till the en of year 2021 beause I've set a limit time on my investment if ever it will rise up to 100k$ I will sell it but if it not reach 100k$ I will still hold it. Losses comes when you give up your holdings and sell in a panic way, so i think we need to calm down to avoid losses market is always goes up and down so we need to always adjust.
member
Activity: 588
Merit: 10
-ethernity cloud-
May 20, 2021, 11:46:03 PM
#80
BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?  Smiley



Well this is a pretty bad condition though, especially for bitcoin. The price of bitcoin had a huge correction in this month. But i believe the price will go up again in near future, because bitcoin has a bright future and so many people out there who has interest in bitcoin.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
May 20, 2021, 12:49:53 PM
#79
Bitcoin should be trading around $100k before the year run out! Many people were caught on aware of the bull we have had since the begining of the year! Somet times, there might be profit apathy on the side of profit makers! Defi had had a good run in 2020 and lots of people made lots of money  participating in Defi so, when the Bull run came for Btc, they were tired! Bear time is the best season
 to make gains in crypto!

Six months is a lot of time in crypto so I would tend to agree that this is a possibility,,, but we have to be really careful because the likelihood of going down is still strong now and if there are one or two more big crisis that happens in these few weeks/months,,, we may have to forego the 100k target by December.

Defi is still the big risk/danger though.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
May 20, 2021, 02:39:18 AM
#78
Do you think at what extent it will affect the btc market price? Is it possible to btc market price will come back to aroud $20k-$25k?
The companies were not accepting bitcoin only following the order that already made by the government. I think that we have already reached the bottom level for bitcoin and I'm sure that we will not see the bitcoin will go even deeper than this price. If there will be another bad news and it might happen. There must be a big pressure to make bitcoin goes deeper again.
I hope that the market will stabilize its position after a flash dump that happens with the market. So many people are loosing their money.
full member
Activity: 924
Merit: 100
May 19, 2021, 09:40:21 PM
#77
Isn't a mistake atlaest you still got your profit from your investment.

Don't just follow your friend because you want invest with your own money, do your research carefully before decide to invest on something especially you want to spend a lot of money into it.
sr. member
Activity: 2016
Merit: 283
May 19, 2021, 08:10:49 AM
#76
Unfortunately, we suffered great losses in a very short time. We trust cryptocurrencies and we believe everything will get better. Sometimes we form an emotional bond because of this and we can't make the right decisions. If only we had sold Bitcoin when it was 60k  Undecided
seems like you're saying bitcoin is dying because of the situation and no longer shows a possibility that it can recover back where it is now.. No mate even before bitcoin always suffer and makes a massive correction in the price but it never die and stop promising, indeed if you will base of its long term frame you will see the whole journey of bitcoin. Don't be fooled by some doubts around the internet especially like this because it can't help.. Must change your mind set..
member
Activity: 728
Merit: 10
Trphy.io
May 19, 2021, 07:48:15 AM
#75
Unfortunately, we suffered great losses in a very short time. We trust cryptocurrencies and we believe everything will get better. Sometimes we form an emotional bond because of this and we can't make the right decisions. If only we had sold Bitcoin when it was 60k  Undecided
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
May 19, 2021, 07:41:28 AM
#74
As per today, BTC is going back to $40k, this is a really really bad news for all of us, BTC is really falling down and i hope BTC will getting back bigger in the near future.
We just can hope that there will be no more bad issues or bad news about BTC.
Because people keep spreading fear about BTC that make a bad impact to altcoins.

From here it looks like as if even 35k and 30k are very possible,,, such is the effect of mass panic, equal and even stronger to the effect of fomo, both caused and felt by the same groups of speculators.

No need to hope for no more bad issues for BTC. The same bad ones will come up again in another 2/3 years trust me. Energy consumption is VERY old issue!
sr. member
Activity: 1484
Merit: 253
May 19, 2021, 02:11:31 AM
#73
BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?  Smiley



We can make more if we have a huge holdings, but if we're in panic I don't think it's effective though. Meanwhile, while  there's a chance to accumulate some small balances then buying during the dip will be the most efficient ways. Don't fall on wrong moves because someday you'll regret all of it.
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