What do you think Bitcoin Market Need Promotes for Price up ? - page 3.

goaldigger

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

Bitcoin doesn't need any promotions, it allows time for people to realize its importance and we are slowly getting there.
The market is still unstable, though there's a huge chance for us not to dump anymore because we are stable for weeks now and probably Bitcoin is just waiting for the right momentum to go bull. Don't wait for $25k before buying, better to do DCA now because you can never tell.

boyptc

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time

Don't you panic whenever you see the market isn't good as what you're trying to look at. That's always the case for Bitcoin. Because it is inevitable that the price will go down at most times but the recovery is a lot to see.

Wait until the bull run and don't you forget to take profits when it comes. There is no need for Bitcoin to get promoted just for the sake of higher price. But kudos to those people that are doing it voluntarily without anything in return.

Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

It can Hit $25000 ?

Possible to become a support.

eightdots

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Quote from: Asuspawer09 on July 25, 2023, 06:59:18 PM

Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

Bitcoin market needs this kind of correction, the market price cannot really just skyrocket straight to an all-time high or up to 100k$ without some kind of correction if that happened then it's a very big bubble that could easily drop as well, not just drop but a huge percentage drop similar to its pump. The market continues to circulate so as the bitcoin market price continues to increase its momentum there is for sure a lot of correction that is going to happen, Yes, in my opinion, I mean I was hoping for the market price to drop because that just means that you can buy bitcoin at a discount probably this wasn't a huge thing right now but when the market is the trigger we might regret it not buying when the price is still low for sure going back to 25k$ is always a possibility and this is probably going to happen because there is still a long way and at the moment only small traders and investors are in the market, we still doesnt have a catalyst, we're gonna need institutions, governments, companies money. We need a huge amount of money to be invested in Bitcoin in order to skyrocket its market price.

We will definitely need corrections. I've always been in favor of a gradual and steady increase in Bitcoin because if Bitcoin suddenly goes up, it's like a building with an unstable foundation. It would be easy to collapse. I don't want that to happen.

No matter how long it takes, Bitcoin's rise has to be solid. When that happens, things that a lot of people dream about can become a reality.

For the Bitcoin price to rise, reliable playmakers are needed rather than great playmakers. Trust always increases the number of people who come to invest.

dansus021

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welcome to bear market I mean it happen for the past decades Bitcoin is crazy volatile it can go up and down and this make the market is healthy. I dont think bitcoin need a promotion to drive up the price it need more adoption hahha but if you hear the news recently

there much going on especially in crypto industry including japan want to regulate crypto like hongkong did or indonesia rather than banning it, blackrock and other investment manager want to creating Bitcoin ETF and XRP is win the case

soon enough i believe crypto price will up

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

Bitcoin market needs this kind of correction, the market price cannot really just skyrocket straight to an all-time high or up to 100k$ without some kind of correction if that happened then it's a very big bubble that could easily drop as well, not just drop but a huge percentage drop similar to its pump. The market continues to circulate so as the bitcoin market price continues to increase its momentum there is for sure a lot of correction that is going to happen, Yes, in my opinion, I mean I was hoping for the market price to drop because that just means that you can buy bitcoin at a discount probably this wasn't a huge thing right now but when the market is the trigger we might regret it not buying when the price is still low for sure going back to 25k$ is always a possibility and this is probably going to happen because there is still a long way and at the moment only small traders and investors are in the market, we still doesnt have a catalyst, we're gonna need institutions, governments, companies money. We need a huge amount of money to be invested in Bitcoin in order to skyrocket its market price.

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

Assuming the price went to 25k why it does matter? The markets move based on the supply and the demand, any attempt to explain what is happening besides such a simple explanation is nothing but speculation, and even more importantly it is not very useful, many traders seem to think that just because they expect something out of this market then their prediction must become true, but this is a completely false belief, the market will move as it wishes and it is up to us to adapt to it and make the best out of the situation.

Wexnident

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Nothing. The market simply has buyers and sellers that come and go all the time. If you wanted the t to go up, then that would require more buyers instead of sellers, simple as that. I also wouldn't say that Bitcoin is in a bad spot, it's like what, down by a few hundred below 30k, a lot better than a few months ago. If you were comparing it to its ath then ofc, but you should know already that the price doesn't stay only at the top. Sides, a good time for buyers to come in when the price goes down.

If you were expecting it to go to $25k then maybe hold off buying for now. If you were DCA'ing then it shouldn't be an issue though.

taufik123

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If you know it will reach a correction to $25k then that is the best opportunity to buy again.
We've all seen how Bitcoin is currently performing in the $29-$30k price area, even the last ATH broke $60k+.

There is nothing to worry about, there will be many ways for Bitcoin to go up, and you don't need to do anything.
As small investors or traders like us, we just need to wait for the movement of the Whales.

Halving will also occur next year and it will be an opportunity to grow profits with Bitcoin.
Many support Bitcoin and many want the price to rise, Prepare yourself and your spare money.

Falconer

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Quote from: Rabata on July 25, 2023, 02:39:25 PM

None of us can tell when Bitcoin's bull market will begin. But long-term research and analysis light out that Bitcoin will soon turn bullish.

When you really feel that the bear market is far behind, then the recovery can be considered bullish. But what is certain is that the price of bitcoin which is always fluctuating will increase gradually where there is always the possibility of correction at every intersection. This allows day traders to make profits, while if you are a long-term investor then you just need to accumulate instead of worrying too much about the volatility.

Quote from: Rabata on July 25, 2023, 02:39:25 PM

Bitcoin is still bearish so no surprise if there is a correction.

The trend has changed, I think now we are in the stage of price recovery which in fact has almost entered the bullish trend. Correction is not always about bearish, you have to differentiate between the two.

Rabata

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

None of us can tell when Bitcoin's bull market will begin. But long-term research and analysis light out that Bitcoin will soon turn bullish. Bitcoin is still bearish so no surprise if there is a correction. But hopefully it will not come below 29000 rather the market is trying to turn a bit higher again. Bitcoin has established itself as a well-known investment platform worldwide that needs no promotion. I would advise those who have invested to be patient and enjoy its benefits. It should also be noted that Bitcoin is not an alt coin. So there is no need to worry.

el kaka22

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The best thing is the price action itself. What makes price go up is price going up. What I mean by that is that if we get from 30k to 33k, that increase makes it easier to also go to 35k and above. So each increase brings in its own increase along with it and takes it even further. If we go from 30k to 40k, then going to 50k suddenly becomes easier as well. That's what we should be considering as an option and I believe that we are going to end up becoming better and better eventually.

So just wait, when the bull run hits after the halving, we are going to go up, and that going up will make it go up more and that ... and the cycle will continue for a long time until we reach to a new ATH that is much higher than the one we have right now.

Aanuoluwatofunmi

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

Honestly i don't know if this was your first time of discussing on bitcoin speculations or not but you're definitely showing a no idea on what's going on with the bitcoin market price, we don't need any pump than what the market demands and supplies gives which shows the direction on how the market goes, when we go dip anytime we will still rise up, but I don't think there's an indication that shows we fan have a bite on $25,000 sooner than going above $29,000 we are already into now.

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

In actual sense, no one can tell you where Bitcoin price is headed exactly. At a time like this, most people will tell you it's upward bound because of the effect of its halving in 2024. That event is just around the corner and if by now Bitcoin hasn't dumped, it simply means it's going to take a very ominous FUD to drag it down. I don't see that happening. I'm optimistic at the moment that price will shoot up instead of going down. If you're waiting at $25,000 level to get in, you may get lucky or not. However, it's better not to miss the bus than miss it. If I were you (while waiting for it to get to $25k) I would DCA on it.

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

No one can answer this question for you, and this is the question we all want to know. In investing, what we can do is always have a plan for both scenarios, don't rush or be too subjective with our predictions.

If you ask me about my prediction, I also think bitcoin will correct again, not continue to rise as many people are expecting. I also only deposit USDT to buy if bitcoin drops again, but if it doesn't drop, I will continue to hold what I bought until the bull season comes.

GeorgeJohn

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Quote from: Nwada001 on July 24, 2023, 01:40:12 PM

Quote

What do you think Bitcoin Market Need Promotes for Price up ?

Bitcoin is not a new project or some kind of altcoin that requires promotion in order to create awareness, and that awareness is what brings in more people to invest in the project.

Bitcoin is already self-promoting itself; all it needs now is steady growth in mass adoption. Let its usage increase, which will increase its demand, and the price will definitely reflect positively on that.

Actually you are of good point it's obvious that Bitcoin still need promotion and promoting bitcoin has been going on in different social media platform unaware, because anyone who made mentioned of Bitcoin on it page on Instagram and any other social media is promoting bitcoin, because what I know quite well is that Bitcoin is that have not gotten everywhere, their is some certain region that doesn't know of Bitcoin and they are still myopic concerning bitcoin so with this round broadcasting of bitcoins i think the information of Bitcoin might circulate to those environment or region. In aspect of altcoin, some of them are new projects and they needed consistent promotion to get known in the society, so we can't compare the measure of Bitcoin promotion to a new coin promotion.

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Quote from: flyingcarpet on July 25, 2023, 04:19:37 AM

The higher the demand for a good, the higher its price.

I have said above.

Quote from: flyingcarpet on July 25, 2023, 04:19:37 AM

We will experience this in Bitcoin as well. But it's not time yet. It is said that the price of Bitcoin will decrease to 25k again. This price may be a good level to buy.

Yes. We have experienced it and we will experience it again. Now focus on increasing the amount of bitcoin holding volume and think about how the sell ratio is not high. One of them is that you don't sell before the highest price arrives.

If we feel confident that Bitcoin will increase in price, then the current price is also a very good one to buy.
There are better prices than $25k as a best price to buy which is when prices are below $20k which has happened. Hope you don't miss it as your best buy.

Quote from: flyingcarpet on July 25, 2023, 04:19:37 AM

We all have a designated point of purchase. The current price of 25k is a good level for me.

Targets are necessary and they are important.

Quote from: flyingcarpet on July 25, 2023, 04:19:37 AM

The more people come to the market, the better. It helps the bitcoin price rise as the market cap increases and more investors come in.

Not necessarily many come to the market with the aim of buying.

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Quote from: yudi09 on July 25, 2023, 03:22:24 AM

Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

The current price is $29k from $31k and once it was $69k.
From the current price it could possibly drop again to $25k.
Going up and down is a normal activity.
Target the profit you want to get. When the price drops, buy.

All you need to do is explain to other investors to invest in Bitcoin.
The more investors who invest in bitcoin, the buying percentage will increase.
In economic law, the greater the number of purchases will affect the price increase.

The higher the demand for a good, the higher its price. We will experience this in Bitcoin as well. But it's not time yet. It is said that the price of Bitcoin will decrease to 25k again. This price may be a good level to buy.

We all have a designated point of purchase. The current price of 25k is a good level for me. The more people come to the market, the better. It helps the bitcoin price rise as the market cap increases and more investors come in.

Oasisman

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

What do you think Bitcoin Market Need Promotes for Price up ?

Nothing, do you have any suggestions? Or if there is an option in the table, would you lead the way to make such promotions? JK.
We don't actually need promotions, because bitcoin has been widely known but yet to have at least half of the global adoption. We are in a consolidation phase which the price were moving sideways, so this below statement of yours...

Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

is actually a good one if the price falls at that level, because everybody is looking to buy at a lower price than what we have currently as everyone is filling their bags now for the upcoming bitcoin halving.

yudi09

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Quote from: Sandra99 on July 24, 2023, 01:25:48 PM

I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?

The current price is $29k from $31k and once it was $69k.
From the current price it could possibly drop again to $25k.
Going up and down is a normal activity.
Target the profit you want to get. When the price drops, buy.

All you need to do is explain to other investors to invest in Bitcoin.
The more investors who invest in bitcoin, the buying percentage will increase.
In economic law, the greater the number of purchases will affect the price increase.

Faisal2202

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Quote from: bbc.reporter on July 24, 2023, 10:36:58 PM

Yes it can certainly dump to $25k, however, it might also form a bullish divergence with the 14 day RSI which might imply that it will pump there after. This dump should be welcomed by buyers because clearly buying on $25k is better for your money than buying on $30k.

Also, there are unexpected occurrences in the cryptospace that should make everyone more bullish and know that we are at the end of the bear market. Occurence 1 is Ripple's victory against the SEC. Occurence 2 will be spot ETF approval.

If that happens then the situation will become more infuriating for investors and traders who took entries aorund $30k. But the risk is always there so they might not react tht much. But there are newbies too, to whom news outlets, titok, Twitter Influencers had motivated that BTC is going fo bullish cycle in 2024.\

Such news or statements attract many newbie to fall pray to FOMO. And not they might be suffering. Almost $100 million plus trades were liquidated just because market goes below 29,000$. I hope this will not occur and market would maintain its price at $29,000 at least.

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