The market is not good - page 2. | Bitcointalksearch.org

pauloaragaomelo

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Quote from: slaman29 on August 11, 2021, 03:53:34 AM

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

October is the final quarter and I think a lot of bears are getting worried:)

The market has saturated below $40k since almost a month ago and why don't you take action in the market for investment, when the market has fallen $40k then still need to consider investing in bitcoin because there is no trust but concern because there is no knowledge about cryptocurrency.

imstillthebest

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it may not be good but the drop was tiny and i dont think everyone is worrying .
telegram is full of fuder's so distance your self in some of the groups there because that will only worsten your situation if your feeling worried of that small drop .
try hangout the most in this forum and you will see that most people here are not affected not only in smaller drops but even the bigger ones .

Furious 7

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Quote from: arwin100 on August 11, 2021, 08:37:29 AM

Quote from: slaman29 on August 11, 2021, 03:53:34 AM

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin reach its ATH again or maybe it creates another new ATH this year.

It's a good sign that altcoins are also following the direction of bitcoin which is getting better in August, but I think in that speculation it's true that we are also likely to start in August and next month become a new ATH or ATH target that we are thinking about, is this a real bullish one? I see the push is so strong that even the effect of my FUD has no effect, it's worth the community is more confident now and they are holding on to the price set, and we'll see other positives because I also want to target 50k in mid-August.

justdimin

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Quote from: STT on August 11, 2021, 07:38:11 AM

This post marked the market low generally, I think dollar index topped out then and general markets also had been selling. They its reversed and crypto especially responded with the rise seen upto the current pricing. Only to that level and not any lower shows price action as quite positive, I had thought it would require a flush or spike down before actually regaining price is a significant way and passing 50 day average etc.
Thing with a price lower is somebody finds it a good thing, a lower price encourages buying similar to almost any market like a supermarket even. So long as the utility is the same and nothing much changed in a substantial way dont be too negative on just lower pricing any more then a shopper is negative on a sale in a shop.

That's basically what happened, didn't it? I mean we have seen the crypto market jump after a big fall, because many people found a great buying opportunity with it. I have seen price as low as 28k at one point, which is not a horrible drop, it was around 32k at the very best case for a while, and drop to 28k wasn't some flash crash type of deal, but it was still under 30k and people didn't imagine price will be that low.

That resulted with price going up, and that is what we are living right now, the price going up a lot because people imagined it would be a good idea to buy at that level, and when they bought price went up, and when it went up others got hyped and bought some more, and it turned into a snowball affect where the price kept going up more and more and we are living that right now. I honestly believe that we stopped around here, but it was exactly what you said.

arwin100

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Quote from: slaman29 on August 11, 2021, 03:53:34 AM

Quote from: Dave1 on August 11, 2021, 01:00:00 AM

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin reach its ATH again or maybe it creates another new ATH this year.

STT

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This post marked the market low generally, I think dollar index topped out then and general markets also had been selling. They its reversed and crypto especially responded with the rise seen upto the current pricing. Only to that level and not any lower shows price action as quite positive, I had thought it would require a flush or spike down before actually regaining price is a significant way and passing 50 day average etc.
Thing with a price lower is somebody finds it a good thing, a lower price encourages buying similar to almost any market like a supermarket even. So long as the utility is the same and nothing much changed in a substantial way dont be too negative on just lower pricing any more then a shopper is negative on a sale in a shop.

slaman29

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Quote from: Dave1 on August 11, 2021, 01:00:00 AM

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!

October is the final quarter and I think a lot of bears are getting worried:)

Dave1

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Quote from: rahmatrf331 on August 10, 2021, 07:59:51 PM

Quote from: InvoKing on August 10, 2021, 02:39:29 PM

Quote from: ?? on ??

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

the price is quite stable and good at this time, I see frequent fluctuations of 2% in a week and pumping 5% in a week it is very normal and natural for such fluctuations, many investors are looking for profit on the sidelines between the two. bitcoin is still red at 0.51% and had fallen at 2%.

But it is still above the support level of $45k so that's the most important thing right now.

That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.

And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.

btc78

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

so what can you say now that bitcoin after in 3 weeks not completely breaks that 32k ?

it is 45k to be specific https://coinmarketcap.com/currencies/bitcoin/

if ever bitcoin climbs to 60k again , then all of those who talks in telegram and other social media forum will cry for believing in this bear market.

Quote from: ?? on ??

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Bitcoin dropping must be considered as purchasing time because of the discounted price right?

rahmatrf331

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Quote from: InvoKing on August 10, 2021, 02:39:29 PM

Quote from: ?? on ??

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

the price is quite stable and good at this time, I see frequent fluctuations of 2% in a week and pumping 5% in a week it is very normal and natural for such fluctuations, many investors are looking for profit on the sidelines between the two. bitcoin is still red at 0.51% and had fallen at 2%.

n0ne

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Quote from: InvoKing on August 10, 2021, 02:39:29 PM

Quote from: ?? on ??

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

Following Bitcoin is the growth of majority of the cryptocurrency in the leading list. Upon this almost every cryptocurrency like ethereum, BNB are behaving same as Bitcoin. Based on the growth fluctuation that is happening with a 10% difference within short time period it looks like the perfect time for scalping.

InvoKing

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Quote from: ?? on ??

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

ivankoh

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

Is it still bearish when there is currently no good situation?

You should imagine bitcoin as a roller, efforts and agents from the market will create thrust and elastic force. When to push and when to retreat is the most exciting part of the market.
If you feel confused about it going down or up, I advise you to buy in accrual. Little by little and any time you feel in love with it, you can choose the price. It makes you not panic much when buying once.

Dewi Aries

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

If me i think will hold that price is good if already bought and wait for a long term is worth to do. I think this year can be bullish maybe in the end of the year and people who in negative state, maybe if they look for profit in short time, better to made investment in altcoin.

arwin100

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Quote from: Boov on August 03, 2021, 06:48:54 PM

Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Some telegram communities were anti bitcoin, and I am not really about those desperate people in fact they're also investors on other altcoins.
A person wouldn't have satisfaction, so they will do everything to grab others just for their own personal benefit. Don't easily trust their insights, because they wanted to feed toxic ideas on our minds, that's why it causes demotivation to other trader and bitcoin users.
No bearish happening this month, always be strong and courageous to face your fears.

Over these years why this people hate bitcoin? for some other thought's maybe they lost a big amount of money due to volatility before that's why they came to the point like that. But honestly if they just study well the market flow of bitcoin for sure they will love to see how huge the potential is but looks like we the bitcoin users can only see this. I don't easily trust them since their toxicity really gives them a minus points and I think many people are smart enough to bite their stints towards bitcoin.

Boov

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Some telegram communities were anti bitcoin, and I am not really about those desperate people in fact they're also investors on other altcoins.
A person wouldn't have satisfaction, so they will do everything to grab others just for their own personal benefit. Don't easily trust their insights, because they wanted to feed toxic ideas on our minds, that's why it causes demotivation to other trader and bitcoin users.
No bearish happening this month, always be strong and courageous to face your fears.

jakdanyel

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kycfree

I feel like it is not bearish anymore. It has turned to bullish I believe. We saw how fast the price climbed to a level over $42k. For now, it's around $38.5k. But it could be a correction after a very quick increase.

In the end, the market has finally started recovering. And I hope to see it continuing.

Oilacris

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Quote from: ?? on ??

It all depends on the way you looking at it from if you say that the market is not good. When price of Bitcoin is going in a downward direction to some people it is a good sign for them to buy more at the cheaper rate and when the Bitcoin market price is on the increase those who bought at the time it price was at the bottom. So all depends the angle you are looking at it the price from.

You know the experienced ones and you know on whose noob on this market when you do see these kind of drops or moving sideways where noobs do usually freak out and telling that its the end.

It cant really be avoided that you would react into a market which is really on reds but once you do have the experience then you wouldnt really mind much about these movements.

We cant really just see a market which would be having continous price rise.

BuNga_cute

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Quote from: Vaculin on July 29, 2021, 05:59:19 PM

Quote from: 2double0 on July 29, 2021, 03:06:50 PM

Some experienced traders get happy too when bitcoin falls because either they accumulate it after shorting it and making good money, or they don't like bitcoin that high. I also thought btc would go down till 20k as the talks surrounding me were entirely bearish and many support areas were broken down which forced me to think that btc will be accumulated more near 20k and institutions will be the buyers, it couldn't happen though. Worst was when I saw Binance futures liquidating too many short positions in just one hour when the price went from $36k to $48k, a $12k move in futures but not on spot.

It was to know how hard to make market speculations and I did stop relying on the rumors around as this was not the source of information nor we can find it. I also think that it drops more but that's it, surge comes again and many were still happy. Like if you are buying at $30k, you should really be disappointed but the pumps had come and still have the chance to make some profit. I foresee that the market will keep this current momentum till the end of this year.

It's never easy to predict the price of Bitcoin, so don't panic and worry about the current market conditions. Because anything can happen to Bitcoin,
the most important thing is as long as we can think positively, we should be able to see an opportunity to collect Bitcoin right now. As you say to those
who believe in the future of Bitcoin, when the Bitcoin price dropped to $30k, and decided to buy Bitcoin at that time. Now it can make a profit, because
Bitcoin has gone up to the price of $40k, and there is a possibility that the price of Bitcoin could rise even higher. Therefore how far the Bitcoin price goes
down I believe the Bitcoin price will go up again, as long as we can be patient, then getting profit from Bitcoin investment is just a matter of time.

STT

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The market is hesitant but not yet negative imo, we have risen and prices are still to decide up or down in short and medium term. We have a good amount of offers to sell in the 40k area for sure and it could be just a delay before rising further but I think the bottom pricing still has to confirm further; only then will I be more confident we can rise to a greater scale or even resume the price action we had at year start.

For now its just going sideways, just about we are above the 2 day average but what these moving averages reflect is momentum and like a plane we need a certain flight speed to maintain lift or surely we experience some drop. This is just the nature of trading a volatile market instrument, many traders will cash out and wait and see. 39.5k or above I count it as sideways but with continued caution for now.

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