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Topic: Will the price of bitcoin rise again? - page 6. (Read 1225 times)

hero member
Activity: 2366
Merit: 594
August 22, 2022, 12:45:22 PM
#37
Market can't just go parabolic forever, it has two cycles and this bear market we have now will end in due time. Bitcoin will definitely pump again once the economic crisis that many countries are experiencing starts to subside. It has been down more than 60% from it's ATH last year so we should just focus accumulating bitcoin and other crypto as well while the market is at this condition.
member
Activity: 1165
Merit: 78
August 22, 2022, 10:51:16 AM
#36
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
First, some slight pump in the price of the market doesn't mean the market is in a bull market we're still in the crypto winter market.
The bear market season also doesn't mean the BTC market won't experience some pump in price but it said that whenever the market experience some dump in price which is expected what people do is complain or panic.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
August 22, 2022, 10:16:41 AM
#35
I'm sure the market will rise again, the problem is whether we are patient to wait and buy when the price is cheap like now? Currently I continue to buy bitcoin and I will make a long -term investment, I'm sure the price of Bitcoin can reach $ 100K in 3 years or less.

Being optimistic would really ease the pressure to those who are planning to leave this crypto industry. I am reading sentiments from those people whose assets were liquidated or if not, had huge loss from holding up until this point. No matter how we look at it and as investors, we should only focus on aiming to 'win'. There will always be set backs but as long as you are holding the 'rope' you won't fall for worse things.
.. the rally is just a trap for those who are easily fooled into thinking that bull season is right around the corner and that the rally is the beginning of it, try not to be fooled during this time.

Quite a double edge sword. Even if people are aware of the higher possibility for the market prices to increase, we just don't have the same tolerance of market movement. Some would be easily carried away by their fear of losing everything which limits them to risk at some point. They'd probably learn once things got back to its feet .
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
August 22, 2022, 09:34:44 AM
#34
Since we are still in a bear market, you shouldn't be too surprised when the price of bitcoin suddenly rises and falls very quickly. The bears haven't left the market yet, the rally is just a trap for those who are easily fooled into thinking that bull season is right around the corner and that the rally is the beginning of it, try not to be fooled during this time.

Even if bitcoin continues to dump again there is nothing to worry about, turn that panic into an opportunity to own more bitcoins, you will not be disappointed if you invest in bitcoin over the long term.
copper member
Activity: 2268
Merit: 539
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August 22, 2022, 09:21:15 AM
#33
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

Simple thing you need to understand OP. When people start selling their coins, the price of the coin decreases.
As in this case the demand of the coin decreases and hence price also fall.
Regarding the bear market, then it just started due to mutual tension among nations for which the people of the nation suffered.
So yes currently BTC will struggle under 27k for few months.
Once the bear market overs, definitely the price will rise. So wait and be patient.
legendary
Activity: 1372
Merit: 2017
August 22, 2022, 09:01:25 AM
#32
I'm sure the market will rise again, the problem is whether we are patient to wait and buy when the price is cheap like now? Currently I continue to buy bitcoin and I will make a long -term investment, I'm sure the price of Bitcoin can reach $ 100K in 3 years or less.

That's a good mentality.

I understand that we all like to see the price go up and, in fact, I remember times last year when we kept beating ATH after ATH in a somewhat sweet way. But it is what it is, we couldn't be going up forever. If you think in 3, 6 or 10 years Bitcoin is going to be much higher and that's your investment horizon, buy more.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
August 22, 2022, 06:31:20 AM
#31
Who said we are in a bull market?
Maybe you are looking at a scam coin that is being pumped by the developers behind it.
There's no bull that had been happening yet. It's still as stagnant as it was last month or after the bear came.

Will it rise again?
Yes. Possibly, probably, maybe. It's difficult to see the future when it comes to the market of Bitcoin.

Misconception on part of newbies where they believe that if those shitcoins pump they think its a bull season already and can't blame them to have a bad outlook on certain situation since mostly this is what their trusted people told to them that's why they fall on bad schemes on crypto. But in case of btc maybe its good for anyone to see historical price action since for sure we can figure out on what might possible happen on bitcoins if bear market occurs.
While they don't really understand that it has been something in favor of the whales pumping their shitcoin and looking for more victim to ride on , and besides how much winner in shitcoin than those who are losing?
I'm sure the market will rise again, the problem is whether we are patient to wait and buy when the price is cheap like now? Currently I continue to buy bitcoin and I will make a long -term investment, I'm sure the price of Bitcoin can reach $ 100K in 3 years or less.
market does not represent bitcoin only mate, there are even more currency that may take an increase in the coming days.
but indeed to OP bitcoin will rise again but not this soon.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
August 22, 2022, 05:50:54 AM
#30
Who said we are in a bull market?
Maybe you are looking at a scam coin that is being pumped by the developers behind it.
There's no bull that had been happening yet. It's still as stagnant as it was last month or after the bear came.

Will it rise again?
Yes. Possibly, probably, maybe. It's difficult to see the future when it comes to the market of Bitcoin.

Misconception on part of newbies where they believe that if those shitcoins pump they think its a bull season already and can't blame them to have a bad outlook on certain situation since mostly this is what their trusted people told to them that's why they fall on bad schemes on crypto. But in case of btc maybe its good for anyone to see historical price action since for sure we can figure out on what might possible happen on bitcoins if bear market occurs.
hero member
Activity: 3052
Merit: 651
August 22, 2022, 05:23:01 AM
#29
Who said we are in a bull market?
Maybe you are looking at a scam coin that is being pumped by the developers behind it.
There's no bull that had been happening yet. It's still as stagnant as it was last month or after the bear came.

Will it rise again?
Yes. Possibly, probably, maybe. It's difficult to see the future when it comes to the market of Bitcoin.
full member
Activity: 2548
Merit: 217
August 22, 2022, 04:43:51 AM
#28
despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
What do you think $25k is considered a bull market price? Bitcoin hit $25k a few days ago but we couldn't call it a bull market. It was a part of up and down of the price. Already the price corrected again. According to me the bull market price should be above $35k. However, we have seen that the market has stayed in the $40K range for a long period of time.
I also think this way , how could we call this as bull market when just this year alone we are still at 50k in the beginning and stands to 40k before falling to 17k? I don't think that this can be considered as Bull but just a Hyping market.
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
The Bitcoin like every other assets move in cycles and it can never ever remain bullish or bearish. What you see happening now is a cycle that keeps repeating itself and that is what makes the market work. Opportunities to buy or sell is created by the in direction of the market. Strong bullish time is coming but it might not be this year again.
crypto market is considered as riskiest investment but this is also in some way is the most profitable one so better choose what you enter.
hero member
Activity: 1316
Merit: 787
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August 22, 2022, 03:15:12 AM
#27
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
The current market condition is not a fortress, but we are in a bear market situation and condition.
Percentage price drops per week for some cryptocurrencies are in progress. Bitcoin is down 11.7% and Ethereum is down 17.3% today (August 22).

How can you assume if the current market conditions are bull.
Even though the market is bearish, it will end even though there is no definite answer as to what causes the market conditions like this. Probably because many weak hands let go or sell Bitcoin from the asset list.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
August 22, 2022, 02:28:04 AM
#26
But now, despite being in a bull market, why is the price of Bitcoin decreasing now?
Bitcoin was merely correcting higher inside a long-term bearish trend, this might be what you are mistaken to be a bullish trend. It was indeed bullish in the last 2 months but needs a breach above 26126.87 to be serious with a bullish reversal. Learn good technical analysis for proper guidance on the market behaviour to avoid being confused.

It is difficult to know the truth about what is going on in bitcoin's current movement, as the market is unpredictable and the ups and downs occur due to various factors and also not necessarily accurate unless there is a sell-off when there is a slight increase.
You just expose that you are not insightful in trading, anything that happens in the market and on Bitcoin has an explanation. It is only if you are deeply rooted in both the fundamental and technical analysis that you will know this. Nothing is mysterious here.

Maybe because.. we're actually not in a bull market anymore.
Thank you for this! We are certainly not in the bullish market yet, the weekly chart of Bitcoin is proof of this.

You can be almost certain that some day there will be a large bull run.
Have you seen the weekly chart of Bitcoin? Bears are in control. I don't deceive myself, a bullish run on Bitcoin is certainly not feasible for now.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
August 22, 2022, 01:38:03 AM
#25
despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
What do you think $25k is considered a bull market price? Bitcoin hit $25k a few days ago but we couldn't call it a bull market. It was a part of up and down of the price. Already the price corrected again. According to me the bull market price should be above $35k. However, we have seen that the market has stayed in the $40K range for a long period of time.
full member
Activity: 854
Merit: 130
August 22, 2022, 01:13:02 AM
#24
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
The Bitcoin like every other assets move in cycles and it can never ever remain bullish or bearish. What you see happening now is a cycle that keeps repeating itself and that is what makes the market work. Opportunities to buy or sell is created by the in direction of the market. Strong bullish time is coming but it might not be this year again.
hero member
Activity: 2716
Merit: 698
Dimon69
August 22, 2022, 01:03:25 AM
#23
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

FYI, we are not on bull market even the price is increasing recently because it’s just a correction. You will know when the market is on bullrun if the price is pumping on a long time frame such as weekly and monthly. The current price is still not sufficient to break the long time frame bearish market so there’s still a high chance that we will experience a more serious series of dump once the market dip again below 20K area.

Bitcoin will surely rise again in the future but it still needs to shake off so that weak hands that keeps playing the price will finally stop and allows organic growth.
sr. member
Activity: 2618
Merit: 439
August 22, 2022, 01:01:47 AM
#22
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
Wait but who says that Bitcoin or the market is already in Bull market? have you check the graphs and the market completely? because though there are some good increase recently but it does not sounds or looks like there is a bull market happening ?
instead what we can see is just a small pump and now there is a correction.
try not to be fooled by this belief mate because what this can bring is a complete losses to you , the prices will always depend on how we are considering to invest and how we wanted to keep our funds inside and safer.
but for sure bitcoin will increase in right time but never expect this soon mate.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 22, 2022, 12:58:49 AM
#21
I see the development of Bitcoin from year to year, Bitcoin has a cycle that is difficult to predict, for sure some period in four years there is a decline and there is an increase, I believe something like that will happen again, maybe the time is not yet known, although some speculations say it will happen in 2024-23, but we'll see.
While waiting for an increase that may still take a long time, it's good for now you enjoy the downward trend by buying Bitcoin with the capital you have and you don't use it for anything else. Because many people in the last year made profits through Bitcoin after a long time of being patient with declining conditions and continuing to buy gradually.
full member
Activity: 1088
Merit: 102
August 21, 2022, 11:16:58 PM
#20
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
I see the development of Bitcoin from year to year, Bitcoin has a cycle that is difficult to predict, for sure some period in four years there is a decline and there is an increase, I believe something like that will happen again, maybe the time is not yet known, although some speculations say it will happen in 2024-23, but we'll see.
sr. member
Activity: 2366
Merit: 448
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August 21, 2022, 10:23:26 PM
#19
It is difficult to know the truth about what is going on in bitcoin's current movement, as the market is unpredictable and the ups and downs occur due to various factors and also not necessarily accurate unless there is a sell-off when there is a slight increase.
and I don't have experience and also good predictions for the next bitcoin movement, and in my opinion as long as the bitcoin price is still below 25k it's still the right time for accumulation because the 25k price is bitcoin's goal to continue it to 28k or 30k.
bitcoin price hit 25k in no time then dropped again, and if it strengthens at 25k price for a few hours or days I believe 28k will materialize, and will still have ups and downs but won't go back below 25k.
hero member
Activity: 2058
Merit: 710
August 21, 2022, 09:52:12 PM
#18
One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
I don't see the market being in a Bull now unless it's still in a Bear condition. So there are no special things that I can explain to you now for you to understand further. I think you don't need to be worried about the decline that is still happening in Bitcoin because the increase in the price of Bitcoin is still possible to happen again although it is still very difficult to know in detail when it will happen
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