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Topic: Why the price of Bitcoin still in such a state? - page 5. (Read 611 times)

legendary
Activity: 3808
Merit: 1723
Bitcoin is not the only asset that is under performing. Pretty much most tradable assets are trading this way. Only stocks I know which are near highs are Apple or Tesla. However most of the mid and large cap stocks are down 50% or so and they peaked right around the same time.

Why? There are too many issues right now

War
Inflation
Rate hikes

There might be a recession around the corner and stocks will go down due to poor earnings and crypto will follow.
hero member
Activity: 2996
Merit: 609
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
No experienced person would tell you precise or 100% assurance on where price of bitcoin would be going and get used to it because this is how this market behaves or moves which you should accept it

out because none of us do really knows on what would be the future price looks like.It all matters with different factors but mainly speaking with demand and this is where it do really depends.
Dont anticipate much about price pumps or increase because t his wont really be a smooth sail ride that you are really expecting into.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
We've been up for so long.

So the next thing to expect for it is to go down and have itself plummet. That's the usual thing that happens whenever bitcoin stays at the top price for so long.

Check out the news as they also have a connection sometimes to bitcoin's current market. Having its own nature of being volatile, if you're good at analysis, you'll figure it out.
hero member
Activity: 1666
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Playbet.io - Crypto Casino and Sportsbook
From my experience so far all I can say is that the crypto-currency market is volatile and not even Bitcoin is safe. And the best decision we can make right now is to keep on holding Bitcoin. I don’t think we have seen the last of Bitcoin just yet, take for example what it has done last year. I believe we would still see a major bull run soon.
staff
Activity: 3304
Merit: 4115
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward.
Depends on your reasoning, but that short of a time frame already indicates to me that your speculation was without any sort of evidence, and therefore was just a shot in the dark. The thing is, even if there's a sort of trend going on with the price, the things that can happen around the world that can influence it are unpredictable, what you can probably accurately predict is Bitcoin will be going up in the long term. Three months isn't exactly long term in the grand scheme of things.
hero member
Activity: 1974
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Free Crypto Faucet in Trustdice
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.



Why only see him in 3 months? If you look at February -> March -> April we still have an unbreakable support point. That means you are not paying close attention. bitcoin is still above $35K - $45K. Even March touched $47K as of the 28th. It is currently trading above $40K. It is possible that this month is the correction time after March. So don't get yourself excited about a temporary drop. If you trade futures, at least within 1 full month it is marked by an increase in March and you have sold. If not, then for April the upside potential is still below $45K.
member
Activity: 115
Merit: 28
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
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