What happen to bitcoin price? | Bitcointalksearch.org

Twinscoin2017

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Quote from: rahmatrf331 on June 02, 2021, 11:54:20 PM

Quote from: mhine07 on June 02, 2021, 08:25:59 PM

It s only normal that the price of bitcoin goes low just don't panic surely it will be back to gain its value again. Just like what happens when the bitcoin price crashes in 2018 many have panic in this situation and they never know that its only normal for a cryptocurrency to crash in its price, and most of the cryptocurrencies then seems dead but in years goes by they suddenly rise up in value.

Bitcoin is a safe investment, good for trading in a fast or long time. bitcoin often drops to very low numbers, but bitcoin keeps going again in a short time.
still have to concentrate and focus on investing, learn to analyze so that our assets remain safe and stable, because crypto is full of consequences in every decision.

We can really say that bitcoin is a safe investment because bitcoin is popular and not new to us, if we speak about bitcoin it will make us think that this coin is the king it is the most valuable coin and always rank as number one in crypto market it always dominate the market. So i think there is no need to analized because bitcoin is really the best investment and we all know that bitcoin is trusted, so every profit that we can posibly get in bitcoin is depend on our patience or way of understanding about its price when it dumps or when it pumps.

rahmatrf331

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Quote from: mhine07 on June 02, 2021, 08:25:59 PM

It s only normal that the price of bitcoin goes low just don't panic surely it will be back to gain its value again. Just like what happens when the bitcoin price crashes in 2018 many have panic in this situation and they never know that its only normal for a cryptocurrency to crash in its price, and most of the cryptocurrencies then seems dead but in years goes by they suddenly rise up in value.

Bitcoin is a safe investment, good for trading in a fast or long time. bitcoin often drops to very low numbers, but bitcoin keeps going again in a short time.
still have to concentrate and focus on investing, learn to analyze so that our assets remain safe and stable, because crypto is full of consequences in every decision.

LUCKMCFLY

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It is necessary to highlight that the price of BTC is due a lot to the Supply-Demand and Influences on the part of people who move masses in the market, be it for their particular interests of market speculation, we can intuit that volatility also has a lot to do with it, It is what differentiates the BTC market from all other markets that have a much more stable behavior, for May of this year is when the highest volatility developed according to this article:

Quote

Bitcoin prices had a wild May, experiencing sharp gyrations while they lost close to half their value in a matter of weeks.

The digital currency’s annualized 30-day volatility reached 116.62% on May 24, its highest since April 10, 2020, data provided by asset manager Blockforce Capital reveals.

Source: https://www.forbes.com/sites/cbovaird/2021/06/02/bitcoin-price-volatility-reached-its-highest-in-a-year-during-may/?sh=2def9f8639e7

Taking into account these data it is necessary to highlight that volatility makes many weak hands sell in a massive way, it is much more influential when there is FUD involved like Elon Musk's.

mhine07

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It s only normal that the price of bitcoin goes low just don't panic surely it will be back to gain its value again. Just like what happens when the bitcoin price crashes in 2018 many have panic in this situation and they never know that its only normal for a cryptocurrency to crash in its price, and most of the cryptocurrencies then seems dead but in years goes by they suddenly rise up in value.

Inspiron14

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there is nothing to be afraid of for the mid-term and long-term,
because the price of Bitcoin if you draw the support line to resistance it always rises high, yes even though there is a long bearish cycle,
Bitcoin investment is still very feasible, just how do we buy it, is it cheap? or expensive

ultrloa

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Quote from: virasog on May 28, 2021, 03:22:39 PM

Quote from: dansus021 on May 16, 2021, 08:55:41 PM

and now touch 40K zone Cry

and i dont see gonna touch 60K zone soon

What's your issue if the price is between 30-40K range for some time ? Did you bought at high or are you in future trading where you are about to be liquidated ? If you know how to manage risk, then there should be no need to worry. Bitcoin will go up eventually after all these corrections.

Most provably he buy bitcoin at high price thats why he is asking this questions here, but people don't need to worry since if they didn't dump this is totally not a lose for them there's still chances that bitcoin will recover. But we don't know on when this one will happen but what good thing is bitcoin is showing some good sign these days.

yohananaomi

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Quote from: Taskford on May 05, 2021, 05:56:28 AM

-#-

Although its hard to happen by now but there's no impossible since bitcoin always breaks those what we think impossible.

there is always a gap and hope that bitcoin movements can do at any time, yesterday we were surprised by bitcoin experiencing a very deep correction. but who would have thought that at the end of last year bitcoin was able to move freely and at the beginning of the year, which is usually a correction, bitcoin actually experienced renewable ATH several times.

there are always opportunities that bitcoin can do, moreover that the increase in bitcoin will actually occur at the end of the year. so there could be an opportunity for bitcoin to improve and stabilize its price to be able to take a leap higher in time. must always be optimistic with bitcoin

virasog

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Quote from: dansus021 on May 16, 2021, 08:55:41 PM

and now touch 40K zone Cry

and i dont see gonna touch 60K zone soon

What's your issue if the price is between 30-40K range for some time ? Did you bought at high or are you in future trading where you are about to be liquidated ? If you know how to manage risk, then there should be no need to worry. Bitcoin will go up eventually after all these corrections.

dunfida

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Quote from: peter0425 on May 28, 2021, 07:38:57 AM

Quote from: coin-investor on May 28, 2021, 06:56:20 AM

Quote from: Wawa2013 on May 26, 2021, 02:53:30 AM

Because the price of Bitcoin can still go up even higher, so for now it is better to hold the Bitcoin that we have. So that the resulting profit can be even greater.

The movement of the market is quite scary for newbies or for those who are investing for the first time, it's slow to move up and fast to move down, right now as I'm posting this price is at $35k level and Bitcoin was down 11% for the last 7 days, this month has been hard for traders it started when news of Elon create a FUD on Bitcoin, but it's not really the case since Elon is not selling his Bitcoin or not yet, hopefully, he will not.

If you are a new investor then you must learn how to risk and be strong .

I know we are here to invest and learn , but we also need to be aware of the incoming profiting if we can HOLD and keep .

Emotion is one of the enemy that you would have when it comes to investment specially dealing up with unpredictable market then most likely you would really be actively engaging on making decisions
due to volatility issue and you should really get used to it because if you do make yourself easily panic then this would really result into bad decisions towards your investment or trades.
Bitcoins price is always volatile and you should be aware on that but if you do only go for long term then these movements wont really be an issue at all but if you are a day or active trader
then you do need to deal with these movements.Its risky but rewarding if done it right.

CapGelatik

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Quote from: dansus021 on May 16, 2021, 08:55:41 PM

and now touch 40K zone Cry

and i dont see gonna touch 60K zone soon

patient, everything will be beautiful in time, we are given a low price why be afraid? And why is it sad?
In fact, if the price of bitcoin is cheap then this is a golden opportunity to be able to buy it before it reaches the new all time high,
have you seen the history of the bitcoin price chart? try to compare the 2013 chart and the 2021 and I am sure you will definitely understand.

peter0425

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Quote from: coin-investor on May 28, 2021, 06:56:20 AM

Quote from: Wawa2013 on May 26, 2021, 02:53:30 AM

Because the price of Bitcoin can still go up even higher, so for now it is better to hold the Bitcoin that we have. So that the resulting profit can be even greater.

The movement of the market is quite scary for newbies or for those who are investing for the first time, it's slow to move up and fast to move down, right now as I'm posting this price is at $35k level and Bitcoin was down 11% for the last 7 days, this month has been hard for traders it started when news of Elon create a FUD on Bitcoin, but it's not really the case since Elon is not selling his Bitcoin or not yet, hopefully, he will not.

If you are a new investor then you must learn how to risk and be strong .

I know we are here to invest and learn , but we also need to be aware of the incoming profiting if we can HOLD and keep .

coin-investor

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Quote from: Wawa2013 on May 26, 2021, 02:53:30 AM

Because the price of Bitcoin can still go up even higher, so for now it is better to hold the Bitcoin that we have. So that the resulting profit can be even greater.

The movement of the market is quite scary for newbies or for those who are investing for the first time, it's slow to move up and fast to move down, right now as I'm posting this price is at $35k level and Bitcoin was down 11% for the last 7 days, this month has been hard for traders it started when news of Elon create a FUD on Bitcoin, but it's not really the case since Elon is not selling his Bitcoin or not yet, hopefully, he will not.

777Jolami

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Quote from: dansus021 on May 16, 2021, 08:55:41 PM

and now touch 40K zone Cry

and i dont see gonna touch 60K zone soon

$40k is a really tough threshold to break the strong resistance of the bulls. On two occasions this week, we see that the market has managed to make a comeback, although the RSI still shows greater selling power. And the crossing of FUD becomes the main focus, the electric power of bitcoin, the usd $... However, this correction will be good, and almost take time to break. We must be patient. The bears have turned short, it will.

LUCKMCFLY

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For many of the BTC newbies they can say that the volatility of BTC is a lot, but for the most veteran not, we have many theories by which to support us, like that of PlanB, which states that BTC will reach $100k - $288k, when ? It is not known, but if many are clear that $ 38k will not be the final price:

Quote

“In the chart, you see at what price level each of the total 18.7M BTC was last moved. So what happened in May? Weak hands sold ~1M BTC in May at $30k-35k .. which they bought in April at $55k-60k: a staggering ~$20B loss. The good news: these 1M are in strong hands now.”

Source: https://ambcrypto.com/this-bitcoin-aspect-is-unbelievable-for-some-while-its-too-much-for-others/

I think that there is still a long way to go, this is just beginning, the bullish trend of BTC for me, still has a long way to go, if most investors and traders are waiting for it to reach $ 100k, it is likely that after this mark it will come. The really exciting thing, if BTC hits $ 288k this or next year it will be a phenomenal thing.

Wawa2013

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Quote from: Mr.Scott on May 26, 2021, 01:11:15 AM

BTC is looking strong. Just got over 39K again which is above MA 50. Now we need to close above $40,000 and this will be coming shortly. Its a guessing game at the moment, I don't think actually what will happen. In all honesty mate, I think we’re still gonna lower the 30K. Happy to be wrong, but also happier to accumulate lower. But who knows lol.

I am happy that Bitcoin finally made it to the price of $ 40k, this is a sign that Bitcoin has really recovered. Hopefully the Bitcoin price can continue
to rise even higher. I am also optimistic that Bitcoin can quickly return to a price of $ 50k in the near future. Therefore if someone managed to buy
Bitcoin when it fell below $ 35k, they would now have made a profit, but my advice is not to be too quick to sell the Bitcoin we have. Because
the price of Bitcoin can still go up even higher, so for now it is better to hold the Bitcoin that we have. So that the resulting profit can be even greater.

Mr.Scott

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BTC is looking strong. Just got over 39K again which is above MA 50. Now we need to close above $40,000 and this will be coming shortly. Its a guessing game at the moment, I don't think actually what will happen. In all honesty mate, I think we’re still gonna lower the 30K. Happy to be wrong, but also happier to accumulate lower. But who knows lol.

LUCKMCFLY

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Uncertainty reigns, many are betting that Bitcoin will fall, but seeing how the market is developing these days, BTC may be taking a course of sustained recovery, safely and possibly with a view to a bullish rally to burst emotions and free everyone from the FUD that has been done, in this article analysis they show the following:

Quote

As a result, the bids for the BTC/USD pair started dropping while heading into the early London session, eventually finding support at a level that was instrumental in limiting the market's bearish trend during the last week's price crash.

Source: https://cointelegraph.com/news/will-bitcoin-successfully-turn-37-000-into-a-new-support-zone

There is talk of this resistance at $ 37k, personally I will be a little calmer when BTC recovers its value for $ 40k ecinam, it is not difficult, it is something that can happen at any time and the fact that it reaches $ 40k gives more confidence to the investors.

Ruvi2000sew

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It's difficult to discern emotions once you understand that this is a market where you can't simply point out where the price might go.and including all of the variables that could influence price movement activity. We still wind up asking the same questions about where it could be going.

dansus021

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and now touch 40K zone Cry

and i dont see gonna touch 60K zone soon

justdimin

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Quote from: elisabetheva on May 15, 2021, 06:31:27 AM

Quote from: mrjoy15 on May 07, 2021, 01:30:41 AM

Bitcoin have been testifying to break $58k couple of times, but it won't happen simply. But, yes in the long term it will break 60k until then let's enjoy some alt profits. Now, it's good time to build your BTC portfolio. At this point genuine alt are bouncing back in the game but sideways market are frustrating to watch.

What happens with bitcoin certainly makes altcoins move freely and bitcoin does not interfere with what altcoin will do to be able to move up. The correction of bitcoin and the stability of bitcoin will allow altcoins to at least be able to break away to get a chance to increase.

let altcoins increase because it is needed for many projects to develop properly when later on the exchange and bitcoin starts to increase again. there are many opportunities for altcoins to increase and the time available is quite long until the end of this year.

let the bounty also enjoy this change, because so that everything related to crypto can all get results

I believe altcoins are a great way to test stuff that could actually get the interest of people. NFT existed waaaay before this year, it has been around for a long time yet some people tested some stuff with NFT and then some others marketed it and suddenly this year it was a huge deal. Decentralized exchanges was a thing way before this year, defi was not something new, it existed yet this year it was a huge deal.

Basically I believe altcoins are a place for crypto world to see where it is going, that is why I think altcoins should be let freely, just because bitcoin price drops that could result with altcoins dropping and that is not helpful at all, it stops or at least slows down improvement in the blockchain world and none of us should want something like that, it is not helpful for our future. This is why I want altcoins to be independent from bitcoin price.

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