Topic: Your opinion about the fall of bitcoin - page 21. (Read 2196 times)
I am not too sad about the fall of bitcoin because I am very hopeful for bitcoin and other coins.I hope to rise soon all coins and of course bitcoin.
GREAT BUYING OPPORTUNITY.
I am exactly your opinion. Now you just have to check the perfect time to buy btc. The danger that btc is still sinking but still exists, so I would advise anyone to buy with care.
Otherwise you could lose more than you want. But then you should be patient and HODL your coins!
The weak hands will always get shaken out, because the bitcoin market--like every market in existence--is going to go through serious crashes like this. And come on, people have been predicting a drop like this ever since we crossed $5000.
When we hit $19,000 it was pretty damn obvious that bitcoin wasn't going to stay there because it rose way too fast. Noobs don't realize that bitcoin is not an asset that "just keeps going up day by day". I don't know how many times I've read those words here, but they're idiotic.
Nothing in the world goes straight up. Didn't happen in 2013 and it won't happen now. And what do I think about bitcoin being below $8000?
GREAT BUYING OPPORTUNITY.
When we hit $19,000 it was pretty damn obvious that bitcoin wasn't going to stay there because it rose way too fast. Noobs don't realize that bitcoin is not an asset that "just keeps going up day by day". I don't know how many times I've read those words here, but they're idiotic.
Nothing in the world goes straight up. Didn't happen in 2013 and it won't happen now. And what do I think about bitcoin being below $8000?
GREAT BUYING OPPORTUNITY.
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
I’m no expert on charting so I can’t get technical about that. I do know that back in 2013 and 2014, there was a huge crash just after I bought my first Bitcoins and the price dropped from about $1200 to around $200 over the course of a couple of years before recovering. With that in mind, it could drop more than it currently has in this crash, but I still think a recovery will happen eventually.
Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.
I still wonder how much of this is caused by govs or banks in some way. If that's the case it's not looking good.
Don't be so panic. Cryptocurrency market dump and pump every single day, it's indispensable thing. You should keep holding all your coin and token until Q2 of this year. There are a lot of news related to cryptocurrency come from Asia and US, these news affected a lot to cryptocurrency price and Bitcoin is not an exception. But you no need to worry, everything will be fine, as I know all problems solved and the all the market will be painted in green very soon 
Been bad for the last couple of months now, so I think I have already witnesses the bad side of bitcoin. However, it doesn't mean that bitcoin cannot bounce back from all of the crisis its facing. Its very resilient as far as I know, although its the first time I have seen this sort of "bear" market, I think that bitcoin will recover and try to test another all-time-high.
If you mean that the price is not valid, well I guess no one can really tell. Its bad on supply and demand. The more people demanding the more the price goes up. As far TA, I'm not that technical to be honest, but I have seen TA's either a hit or a miss. So I don't bother to go with it. Its based on pure market speculation, most of the time TA doesn't apply to it.
If you mean that the price is not valid, well I guess no one can really tell. Its bad on supply and demand. The more people demanding the more the price goes up. As far TA, I'm not that technical to be honest, but I have seen TA's either a hit or a miss. So I don't bother to go with it. Its based on pure market speculation, most of the time TA doesn't apply to it.
I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January.
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway.
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway.
Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.
But I am confident that Bitcoin will recover later on.
But I am confident that Bitcoin will recover later on.
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
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