There will be more down - bearish on BTC - page 2.

yudi09

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Quote from: Oasisman on October 29, 2022, 05:44:04 AM

Quote from: yudi09 on October 29, 2022, 12:33:28 AM

Stay cool. Hold on to Bitcoin's annual cycle that it won't be long before we get to that momentum. Hold on before we are in 2024.

Most likely late in 2024 after the Bitcoin halving. This is where most people are so hyped up.
A lot of people were so concerned about the current bearish run, some are very worried when Btc tends to make an indicator that the dip continued below $15k.
We tend to forget what happened in the 2018 bear market where Btc almost touched the $2k level. It's just unfortunate that there are still those who have never learned how Bitcoin works.

The Bitcoin price shock to test how strong the belief is in choosing Bitcoin as an investment just happened.
$15,880.78 closing price on Nov 09, 2022 and for us it is a test of weakness or strength in holding on to Bitcoin.
There is news about FTX stopping access for withdrawals and other problems that have made many people hesitate to continue investing in Bitcoin.

Again, stay relaxed.
For us, this decline is normal because Bitcoin was once far from its current price. But what about the new ones?

Silberman

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Quote from: Fatunad on November 09, 2022, 02:58:39 PM

Quote from: execijutiere on November 09, 2022, 02:50:07 PM

We can say that the market was already looking for an excuse to fall. These recent events were just an excuse. In this way, we saw a nice decline. But I don't think this decline will stop with this. I expect we'll see 13 thousand dollars. Cz knew it would be like this in a way. It worked for him, too. Both the market has fallen and the confidence in ftx is over. The important thing will be the next developments.

Wasnt expecting that exchange problems in between binance and ftx could really make soo much effect whereas we've been just seeing it as an ordinary daily news that could happen in the market
but honestly i do have those bad doubts that there's something would happen in the market considering on the essence or vibe of such news and here we are now which we are seeing the price
is going this low or we had never seen before after how many years.Whom who would really be have thoughts on going back on 16k? It could even possibly hit up
10k if this trend or severity of decline would be continuing but lets hope that it wont.

We must give credit to binance, the crash was manufactured in such a way that it was completely inevitable, the only thing we do not know is how low the price can be pushed, the price is now 17.5k but I would not be surprised if the whales were interested in making the price to go as low as possible and they shorted the market, then they could create even more FUD and watch the price crash again, destroying the confidence of investors in the process and give themselves months to buy bitcoin for sub 15k prices.

STT

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Theres sure to be more tests now this event has negated support, momentum and the recovery a few times over. how many tests are required to rebuild support is debatable but at least we break from the sideways range I think is quite certain now. I dont think this exchange was a big enough reason but its not for me to decide.

Fatunad

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Quote from: execijutiere on November 09, 2022, 02:50:07 PM

We can say that the market was already looking for an excuse to fall. These recent events were just an excuse. In this way, we saw a nice decline. But I don't think this decline will stop with this. I expect we'll see 13 thousand dollars. Cz knew it would be like this in a way. It worked for him, too. Both the market has fallen and the confidence in ftx is over. The important thing will be the next developments.

Wasnt expecting that exchange problems in between binance and ftx could really make soo much effect whereas we've been just seeing it as an ordinary daily news that could happen in the market
but honestly i do have those bad doubts that there's something would happen in the market considering on the essence or vibe of such news and here we are now which we are seeing the price
is going this low or we had never seen before after how many years.Whom who would really be have thoughts on going back on 16k? It could even possibly hit up
10k if this trend or severity of decline would be continuing but lets hope that it wont.

execijutiere

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We can say that the market was already looking for an excuse to fall. These recent events were just an excuse. In this way, we saw a nice decline. But I don't think this decline will stop with this. I expect we'll see 13 thousand dollars. Cz knew it would be like this in a way. It worked for him, too. Both the market has fallen and the confidence in ftx is over. The important thing will be the next developments.

ShowOff

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Quote from: doomloop on November 09, 2022, 12:55:22 PM

Many of us already know that the ups and downs of the price are both beneficial and I believe that a lot of us already bought lots of coins during this bear season but some are just curious to find out if what will be the next to happen. there are threads which says btc is going to rise this time and there is this thread which says that btc will go down for more.

We can check those two threads and decide if who among them are somehow correct. If we believe that btc will fall for more then we need to prepare for that. We will look for ways on how to earn more money but if not then there is no need to pressure our selves of earning more because we can simply sell our btc later on.

Many of us understand why it's good to keep adding bitcoin to every drop long ago, but I'm sure most of us are trying to stay safe at all costs as long as inflation continues. I mean financial stability is by far the most dominant reason why some people choose to be very careful in investing even when there are good opportunities. I'm worried, of course it's normal so I can't be 100% sure to invest all my funds when the opportunity arises.

eightdots

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Quote from: Odusko on November 09, 2022, 01:07:52 PM

Quote from: Punakawan on November 04, 2022, 08:19:50 AM

Predictions from many experts believe that the market will bearish again, so we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor, we must always be realistic to avoid greater losses.

The entire cryptocurrency market is at a bear market and the price of Bitcoin and other coins dropped drastically since today this indicates one thing, and that is to prepare for more bear markets in the coming days.
This year 2022 has been a bearish year for Bitcoin and most altcoins and even though many investors are holding for the long term base the market conditions still affect the total Bitcoin value, maybe the bear market will continue till the end of 2023 and opening the way for the next Bitcoin halving which will bring with it the next Bitcoin all-time high price

The current table is progressing as you said. However, if such a decrease can occur within 24 hours, there may be a rise again in the same 24 hours. Therefore, it is difficult for me to make predictions that the bear market will continue until the end of next year. There is uncertainty in the market and everyone is saying different things. I think the best thing to do is to buy Bitcoin at the price range that the person has determined and keep it in their wallet until they go to their destination. Or you need to watch the market without making any purchases. It's hard to talk in an environment of such declines, so we have to do a good risk analysis.

Odusko

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Quote from: Punakawan on November 04, 2022, 08:19:50 AM

Predictions from many experts believe that the market will bearish again, so we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor, we must always be realistic to avoid greater losses.

The entire cryptocurrency market is at a bear market and the price of Bitcoin and other coins dropped drastically since today this indicates one thing, and that is to prepare for more bear markets in the coming days.
This year 2022 has been a bearish year for Bitcoin and most altcoins and even though many investors are holding for the long term base the market conditions still affect the total Bitcoin value, maybe the bear market will continue till the end of 2023 and opening the way for the next Bitcoin halving which will bring with it the next Bitcoin all-time high price

doomloop

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I would say the question that says that with a Bitcoin fall again or will bitcoin increase again this time I think the best answer to that question is that Bitcoin we fall and bitcoin was alright because the falling and the rising of Bitcoin is from the investors who buy bitcoin and investors who also released their call because when they released their coin that is no bias that contribute for bitcoin falling again so both men then released their coin and investors who is ready to buy is higher than people who is trying to say that means bitcoin will increase this things are mentioned is what caused the garage and the pollution which you cannot say yes to this question and no, without finding a good reason.

Many of us already know that the ups and downs of the price are both beneficial and I believe that a lot of us already bought lots of coins during this bear season but some are just curious to find out if what will be the next to happen. there are threads which says btc is going to rise this time and there is this thread which says that btc will go down for more.

We can check those two threads and decide if who among them are somehow correct. If we believe that btc will fall for more then we need to prepare for that. We will look for ways on how to earn more money but if not then there is no need to pressure our selves of earning more because we can simply sell our btc later on.

arwin100

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Quote from: peter0425 on November 07, 2022, 09:46:03 PM

Quote from: udayantha11 on October 25, 2022, 05:00:55 AM

As previous trends , logically.

This is my market reading. I know everyone does have different opinions. Lets share

Most of us have this own perception about the sentiment of market in the coming months or at least 2 years in preparation for the next halving season , so it is understandable , while some wanted to see more drops because want to purchase at discounted prices , the main problem is that market keeps showing ups and downs , things that is truly a hard to predict and the HODLERS will succeed in this.

Losses will only occur for short term thinkers since they mostly the one who get affected by certain market movements. Compare to long term hodler we can say that they are always the winners since history always shows that and this is one of the reason why people don't need to afraid on certain bearish condition since this is somehow a accumulation stage in preparation for bull run which may happen on halving season.

Silberman

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Everybody shows that he is Dimond hands, but scenario changes when you were forced to sell off your assets due to an emergency. People mostly sell their precious assets which they can sell quickly in this kind of situation. Unfortunately BTC is one of that assets that can be sold quickly at market price without any hassle. You just go to exchange and sell off to get cash for your emergency.

And it is because of this that people should not be investing money when they cannot afford to hold their coins in the case of an emergency, since there is no point in investing so much money in the markets if at the end you are going to be forced to sell your coins at the worst possible time in the market, now some may argue that it is impossible to know what it may happen in the future and no matter how cautious you are you could face several crisis at the same time which force you to sell your coins, and that is true, but most people cannot face a single one without having to sell their coins for a bad price, and this is a clear sign they have invested too much money in this market.

peter0425

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Quote from: udayantha11 on October 25, 2022, 05:00:55 AM

As previous trends , logically.

This is my market reading. I know everyone does have different opinions. Lets share

Most of us have this own perception about the sentiment of market in the coming months or at least 2 years in preparation for the next halving season , so it is understandable , while some wanted to see more drops because want to purchase at discounted prices , the main problem is that market keeps showing ups and downs , things that is truly a hard to predict and the HODLERS will succeed in this.

STT

legendary

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Dont be bearish till the situation warrants it, of course we can still be bearish after some event or bad selling bout but I dont think its reasonable to ignore that we have good price action right now.

Progressing in this way consistently is enough for me to pay attention and hope we can continue. Even a price pullback here could still resolve positively if we in some way maintain this trend. For so long BTC has failed to move especially upwards or downwards, that failure to move lower can easily be bullish by itself in a small quiet way that develops over time.
I dont expect a large gain this year but positive action is good development towards an eventual bigger move.

Agbe

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I do not think the market will go down below 19k$ again. Though there were various inductive and deductive reasoning in the forum on the up and down prices of the cryptocurrency (Bitcoin). In the area of guest or prediction there is no experts unless the experts are sole controllers of the demand and supply chain, then they can tell me that it will happen like that. As it is Bitcoin is trying to climb up but it is still in the bearish market. In the month of September a friend of mine argued with me that Bitcoin would climb up to 23k before it would come down to 17k again in the month not October then from November it soaring till 2023 for it to reach ATH again. But the prediction did not come to pass.

bestcoins1

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Quote from: Punakawan on November 04, 2022, 08:19:50 AM

Predictions from many experts believe that the market will bearish again, we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor we must always be realistic so as to avoid greater losses.

If you are an investor who has plans to sell Bitcoin when the Bears come again. I think you are not a reliable investor in terms of investment and if you sell when the price is below $20K again, you will automatically lose if you ever buy at $20K. Why don't you sell it now if you believe in the predictions of these experts? Wouldn't it be better and more profitable if you sold it now if you were afraid of losing?

kotajikikox

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Quote from: Punakawan on November 04, 2022, 08:19:50 AM

Predictions from many experts believe that the market will bearish again, we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor we must always be realistic so as to avoid greater losses.

sure? you will sell when it drops below 20k? why need to wait when you can sell it now? it is just 1k away from dropping?

sometimes we must decide ahead of time if we are truly wanted to keep safe our funds , but if not? then maybe buying more is much better.

i will keep mine because I bought at the amount of 17k so below 20k won't hurt my investments.

Silberman

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Quote from: Punakawan on November 04, 2022, 08:19:50 AM

Predictions from many experts believe that the market will bearish again, we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor we must always be realistic so as to avoid greater losses.

You can employ whatever strategy that you believe is the most effective for you, however it does not seem as if you are an investor at all and you are a trader instead, after all investors buy when the price of the asset they covet is going down or it has already crashed as that is the perfect moment to maximize the amount of coins they can get, while a trader does the opposite and sells their coins as soon as they believe there is a change in the trend, a strategy that seems closer to what you are actually planning on doing.

Russlenat

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Quote from: TravelMug on October 25, 2022, 05:15:05 AM

Quote from: udayantha11 on October 25, 2022, 05:00:55 AM

As previous trends , logically.

we had our BTC top 1 year back(69000$). So after one year we can not expect another ATH going to happen. Market need sometime for next momentum. Even other markets too.

If we guess that we can expect next market preparation after next halving ,. Hence , we have exactly 1 year and 5 months.

Clearly can see consolidation area in next year(2023). So definitely we can grab , more buying opportunities rather now.

We had Bull market , Now we are at the end of the bearish momentum. Consolidation area is incoming.

This is my market reading. I know everyone does have different opinions. Lets share

Well if you have been in the market and have seen previous cycles, yes the catalyst for the next bull run is the bitcoin halving, and it is still very far.

Consolidation has been happening in the last 4 months, the price has been trading sideways, we might as well take that advantage and accumulate.

For 2023, yeah, maybe we can see lower lows for this bear market, there are predictions that it could be around $10k-$15k, but we will have see.

Well, for as long as the bear market is here to stay, then it’s not impossible to see bitcoin price drops more. I know it will certainly happen before we will witness a new ATH that is bound to happen every after bitcoin halving. History proves it and I know history repeats itself. So invest more in bitcoin and see where it will lead you in the end.

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Quote from: Punakawan on November 04, 2022, 08:19:50 AM

Predictions from many experts believe that the market will bearish again, we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor we must always be realistic so as to avoid greater losses.

Not sure if that is the correct assumption though, we don't sell when the price is going down because you are going to lost money in that strategy and remain clam when the price is going spiral. And if you have money, the best thing to do is buy at the dip and hold, this is just a advise though, take it or leave it.

And so if the price continue to decline in the last 2 months, I wouldn't be affected. Besides we are in a bear market and obviously price is going down and there will be bleeding everywhere you look. It's how you are going to take advantage of this bad situation.

Punakawan

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Predictions from many experts believe that the market will bearish again, we must prepare, I will also immediately sell if the price of Bitcoin drops again below $ 20K, a difficult decision but as an investor we must always be realistic so as to avoid greater losses.

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