Topic: will bitcoin go back to 19000 - page 8. (Read 914 times)
Nooo. I don't think so as the Bitcoin market is once again in the consolidation zone so what i see here is the continuous rally between the 22k to the 25k for the whole of February month and this is what actually happens. I was sure before the end of January that Bitcoin is not going to break the 25k major resistance but from the First week of the Feb, i was sure for the second part as well that Bitcoin is not going to be Below 20K as 21k and 22k two major support levels are here.
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
Some of the bad news that I know of are Binance suspends USD trading, Kraken stops offering staking services to the US, Paxos (BUSD) is under investigation...I'm not sure if all of this has an impact on the market. But no wonder bitcoin is down at this point, I was expecting bitcoin to hit $25k and then correct because no market can go up forever, and we are still in bear season. As to how much bitcoin will decrease or increase, you should do your own research with your knowledge, no one can give you an exact answer.
right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
Again, no one has the crystal ball to see what the future holds, it could shoot back to $25,000 or go back to even lows of $10,000-$12,000. Yeah, we all have seen the correction in the last couple of days, when we all thought that we are somewhat in a bullish momentum, the price suddenly decline.
It just shows how volatile the market is, even in bear or bullish sentiments.
What's important is that you have the mental resiliency to stay in the market and then take opportunities to buy when the price goes on a decline.
I personally lack experience and am still a beginner in crypto. but in my opinion it could be a possibility that bitcoin will return to 19000, or it could be a possibility that it will increase even more because crypto prices are difficult to predict,
and if there is a price drop I think it's time to go back to buying bitcoin using the dca system.
and if there is a price drop I think it's time to go back to buying bitcoin using the dca system.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Anything is possible. With bitcoin's current decline, we don't have to worry even if it turns out to be back at $19k in price. I think many people are waiting for the $21k price right now because it's their discount time that they can't miss. I still think correction time is still in the market and this week may still meet with some more corrections. And hopefully the price doesn't go down.
The important thing is not to panic if the situation goes down again so that you can use the moment of decline to buy more instead of selling in a panic.
The important thing is not to panic if the situation goes down again so that you can use the moment of decline to buy more instead of selling in a panic.
(....)
and also I want to know what caused the bitcoin price to drop drastically?
For me, price correction will now test the support area which is from level $20,000. and also I want to know what caused the bitcoin price to drop drastically?
I am not really worried about this dump. Because if we will hold the $20,000 level, I believe it will become a strong support until next bull market cycle.
The reason also could be the issue of Kraken shutting down their crypto staking to their exchange due to The Securities and Exchange Commission(SEC) charges settlement. You can read more here: Bitcoin Drops Below $22K as Kraken Agreement to Close Crypto Staking Operations Spooks Investors
Bitcoin is a speculative asset. You cant really predict the price. Although, you can study the chart to be able to get little idea about the next price movement. But you cant be 100% accurate. What I do most time is buy and sell at different prices with a bot like feature. Although, I found this on MEXC Global and its called spot grid feature. It allows me to set price to sell and buy back while im not online. So, seems this one of the ways you can use to take advantage of BTC price to make litte profits for a particular period of time.
right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
Below $19000 can occur, above $25000 can occur, but I still think DCA can help you against uncertainty. is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
Bitcoin is not yet in a massive bull run and hit the overbought market if you check this weekly chart:
It is possible for the price to go back to 19k or even 16k, but if you want to talk about speculation I would like to let you know there is a whole board dedicated to it, in the economy section of the forum.
I personally do not know why the price has gone down recently, I may have something to do with the closure of LocalBitcoins, but I am not sure.
I personally do not know why the price has gone down recently, I may have something to do with the closure of LocalBitcoins, but I am not sure.
right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?
and also I want to know what caused the bitcoin price to drop drastically?
Jump to: