Bitcoin Forum

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?

It will depend of the situation of the crypto users of which will favor them. Expect the new comers will rejoice as they will have the opportunity to buy cheap but it will be the opposite for the long time holders as holding for long term will be in vain in which they will need to hold more longer and extending more their patience with hope that the price will increase sooner.

Cryptocurrencies go through high volatility because of less trading volume and high manipulation. But the volatility is always an opportunity for a trader. No trader would want a sideways market. Take advantage of the market in both uptrend and downtrend. You can go trade shorts in downtrend and earn enough or just come out of the market and go tether. Keep your stoplosses intact. Don't let your money sit idle in a trade during a downtrend. If you follow all these steps, downtrend wont be a pain in the ass. Uptrends are anyway profitable.

So far everyone should have learned that Bitcoin is volatile. And price fluctuations are part of that volatility, that can't be changed. Besides, volatility is tool that helps traders to learn money, without volatility that wouldn't be possible.
And price drop and fluctuations are the opportunity to make more money not to start panic.

Both ways but come to think that this market isnt really just made for the sole of making profits but its always been part into this kind of market.
Despair situation is also part yet this do only involves in 2 things which is profiting and losing money.The entire market is composed of
sellers and buyers which its just normal to see price fluctuations.If this market has never been volatile then i doubt we wont see a community
would be big like this.

If you are going to follow the old adage here, buy in every dip, however,

Bitcoin goes to $13k, buy, because it will grow more.
Bitcoin goes down to $10k, buy because the price is cheap

So it really up to you to decide in the end. Usually I prefer to buy in dip, but it doesn't mean I should buy 1 full BTC, might be proportions or small amounts and then see how the market goes. So I can say it is a boon, for less experience traders, yes it's possible because they usually panic. But if you have been trading for about two years or more, most probably you are immune to this price drop and you're going to take advantage of the situation.

You should see the current price drop & subsequent stagnation as a huge opportunity to buy. If you’re not buying what you can afford to now over the next few months then don’t complain when after the halving we hit new heights.

Now is the time to buy!

Altcoins bleeding is common. It will stop bleeding and start sucking like a hooker pretty soon as bitcoin recovers. You just need to wait. But for guys like me, these fluctuations don't matter. My 1 btc was worth $18,000 when I bought last year. This year it has already been worth a 6th of that. I am only hoping to see the day I can cash out my btc at 18,000 or above.

The fluctuation is good for the market. Without it, that means the market will not give out difference in price and no profit. So, when the fluctuation drops, it is better for a buy.

Took this recent small drop to buy some more BTC, pretty good drop in price and a great chance to capitalise off the little drop. I'm thinking there's going to be small correction in price and it'll shoot back up fairly quickly.

I've actually only ever bought BTC during a dip period, and it's actually worked quite well, you just need a bit of luck and insight so you know it's not a huge drop, just a small dip that will get recovered.

True but for someone that has been holding somce btc, it can be bad news. It means that the person is losing his money. Imagine if you Have $9,000 in btc in July. And then suddenly Btc price drops to $6,000. Then you lose $3,000 !! In some countries, that is the salary of an entire year..

It's an opportunity for those interested to take advantage of them. If you're not a trader and just rely on Bitcoin as a form of income, then the fluctuations aren't going to please you at all.

Also, I have had a problem once paying for something where I had to complete the payment within a 10 minute window. Transaction got stuck (my fault) and had to wait for it to confirm in order to request a refund.

After finally having received the funds back the price took a dive and I ended up losing/adding just over 5% extra in BTC just to make the same purchase. This is where volatility is a bitch.

I have a feeling there are some noobs who haven't learned about bitcoin's volatility yet, and they're the ones that panic when we see a 20% decline over the course of a week.  My feeling is that one shouldn't always buy the dips unless there is an obvious break in an overall positive trend, which is not the case right now.  Meaning this isn't a dip to be bought, and traders should just hold right now and wait to see where bitcoin goes from here.

That would be the rational thing to do in my opinion.  On the other hand I dont think bitcoin is going to slide much further than it already has, no matter what Bakkt does or the halving or whatever news may come out.  Remember that its still higher than it was for most of the year and part of last.  Bitcoin isn't in a solid bull run but its in no way a bear market out there.

Price fluctuation is definitely an opportunity. Entering crypto could be a risk that is why you must learn to adapt and go with the flow on the movement of the market. Learn how to convert the downside into an opportunity for an example in the downtrend you could buy the coins that are cheap and make sure that it will give a high return as the uptrend comes. You must be flexible and wise in the industry otherwise you be nothing but a simpleton.

Yeah but if you don't pay attention to the price ticker then you will lose much more. See my quote :

for most people, it's the latter. that's why warren buffett said "the stock market is a device for transferring money from the impatient to the patient." most people are running around like chickens with their heads cut off, trading based on news and fomo buying and panic selling---no idea what they are doing.

if you can beat the market, go for it, but the vast majority of traders lose money. (https://bitcointalk.org/index.php?topic=5184800.0)

For traders, the fluctuation is always an opportunity for them every inch change will surely have an income whether it is an increase or decrease these changes always gets them busy trading, I guess that is why they are lean and attracted to cryptocurrency because of the volatileness, but many people are clueless of some trades because of lack of knowledge and the right thing to do when a fluctuation occurs they think that it is just a simple walk in the park that they will choose a trading side blind and hope for the luck to make an income without further research and understanding of the points and clue the market was offering.

Depends how you want to feel you can feel great and think is a great chance to buy, or you can feel bad and think is a bad time to sell. You can simply pick what your day will look like. Same when prices will be close to ATH. You can choose to be miserable to not buy more at times like this.

Actually in general fluctuations are the times when one can make a hell lot of money despite of the direction of the market as this is the state when most of the market participants change their stance about the market so a little scalping in the right direction could earn you a bit. But currently BTC is not fluctuating in any calculative move which in itself is pretty curious and weird. Currently market isn't totally sideways as you are saying it's rising gradually but facing some lower peaks than the one previously made which creates a descending triangle which is another sign of bearishness.
Another thing is that Altcoins might stop bleeding but shitcoins would never stop. By this I mean those useless tokens who get almost no volume and their sole purpose is to be used as a PUMP token for certain Telegram groups such coins would no more survive when the market pushes up this time.

As for now nothing really happen with bitcoin price.There is often good opportunity to make money when price is moving between support and resistance but last three days range is very small.We need to wait  for beginning  of next week .Historically that 8K price is very hard for btc and next move can take even more time
Maybe more simple for your question is that if if you are very good traded then price fluctuation is opportunity if not maybe better to wait for market to clarify what direction btc will goes next

The volatility of cryptocurrencies is what keeps it going. People buy in at the dip and sell at the top. If you know what you are doing, when to enter and when to exit then fluctuations is really an opportunity to make some money. For new crypto joiners, this may also provide a strategic point for entrance, if the market turns out well, that's some profits for them.

Eventually we really can't predict crypto's movement all along the market, that's why many people go along the rude has been totally mad seeing their asset suddenly undervalued. It depends on the situation, some might be desperate but otherwise there were people who considered it as an opportunity if their buying cheaper coins then wait for their price to increase someday.

Many people engaged themselves in crypto because of the opportunity to earn due to the price fluctuations and thats the nature of crypto so be used to it.

When the price is frequently moving then we can make money IF you have the strategy to take advantage the situation. As a trader the volatility is favor to us since we can buy and sell depending on the movement of the coins.

I believe Bitcoin fluctuation act both but not on the same time.  There are times that we can almost guess the next move of BTC and there are times that we never understand its trend.  We can make it a boon for us if he have patience and strong hand to hodl until our target price come(just be realistic though).  It is highly probable that our realistic price range will come since 1.  Adoption is still on its early stage and 2.  Suppy diminishing is inevitable.  Putting both the equation, decreasing supply + increasing demand means more people competing for 1 Bitcoin. And that is directly proportional to the price.

this can be a golden opportunity to look for profits that you can get, from the rising and falling movements of cryptocurrency prices as they are suitable for use, follow the flow if falling prices can be bought and when prices rise you can sell it to attract profits.

Since when that Ethereum become “Mighty” ?remember that it was overtaken consecutive times by another coin Ripple(XRP) so expect the unexpected on that altcoin
What Bitcoin is trending?which market are you checking mate?because the way I see it Bitcoin is more in red that Altcoins.so where in the world that you seen this?
Anyway the functionality is opportunity to purchase again(but only if you really trust that currency/token)

that is if you are a an investor or trader where you have a capital ready on you and you are only waiting for the value to plunge before you attack   .

 the current event is still great for you but what about those who are not in this business ? there are workers here such as bounty hunter and free lancers that are being paid by cryptocurrencies   .

  now if the value is down their earnings will also be affected .  the dip is a despair for them

Altcoins are super weird right now, in recent years we've seen BTC and altcoins rise together (remember the time period where ICO's where booming), but then in recent years, it's almost been like the opposite, where ICO's have almost died and instead people are only buying BTC when altcoins like ETH slowly drop in price, and haven't been positive in a long time.

It depends, most coins right now are just on a downwards trend and it's pretty hard to profit when every coin is going down, only a small amount of coins are positive, and BTC, but that's pretty hard.

Checking the market now?seems like also bitcoin is dropping

https://coinmarketcap.com/

So it’s fair for the rest of crypto’s,because the blood marks spread on almost all the currencies and also tokens ,and about your Mighty ethereum (coz I’m surely you have big holdings lol) I also bagged enough amounts so don’t worry your not alone 👍

It's pretty crazy how we hit a low of $3100 at the beginning of the year and more than quadrupled in value while we are still already triple from the Dec 2018 and everybody is saying we are in a bear market.


Don't know how new most people are here but most of 2018 it traded around $6.5K or so. You had plenty of times to sell at $12K, $10K and now at $8K which is much better than at $6.5K last year. When price was at $6.5K people were very bullish and now price is at $8000 and people are very bearish. Makes no sense.

Sentiment is like an oscillator: people are generally bullish at tops and bearish at bottoms, regardless of the historic context. Now that we're 3+ months into this correction and sentiment is feeling so grim, it's time to keep our eyes peeled for bullish reversal signals.

Bull markets are known for rising on pessimistic sentiment, climbing the wall of worry. (https://www.investopedia.com/terms/w/wallofworry.asp) The current sentiment adds some credence to the idea that this is just a bull market correction.

It all depends on how great of a trader you are, if you can sense when the price goes up and down then you are in luck because you can do trades that would yield you profits larger than whole stock market in just one day sometimes, that is why the big traders keep improving themselves and work on how to calculate and how to guess what will happen and they want to get better even for seconds because those seconds equal to thousands of dollars when you are big enough of a trader and spend thousands of dollars for each trade.

However, if you are not a good trader that doesn't change anything for you since you won't be making money from ups and downs, your only hope is to buy bitcoin and hold and hope that it will go up, anything else would be way too risky for a newbie.

Even though I'm a long term bull, I'd still be cautious of buying too much in this market.

The sentiment has shifted drastically to the bearish end of the spectrum, which means that players within the market are bound to make irrational decisions as they are not only influenced by what BTC's fundamentals are when they shape demand, but also their emotions as well.

It ultimately comes down to how much this adjustment goes down to. I wouldn't put all my capital into BTC right now, but dollar cost averaging is a good strategy to go with to hedge against movement either way. I do think that BTC will likely dip below $8k for the time being, though, but the rebound can really happen any time.

Always believe in “Buy Low Sell High” no matter what happens this is the safest and best way to profit specially if you can atleast hold for months or years
Look at the market now even the King bitcoin is bleeding and not only you mighty ethereum
So above all your capacity to hold and wait is what will saves you in this kind of fluctuations
So if you have extra money?take the chance now and buy altcoins to add in your folio

It is an opportunity for those who wants to buy some at a low price and hold it for a long term,
But a despair for those who have weak hands and most likely to lose because of their fear or their emotion.
The only thing that they need is to know which alt-coin is worth the wait or hold in order to gain profit.
The price fluctuation could give them a profit but if they couldn't handle it , then it would get their capital and destroy them.

There's no such thing about safest and best way to profit with this very speculative market.Ofcourse there would be still a risk
because we cant even point out on which price would be considered to be the bottom.BTC and other alts do always been good on breaking
investors expectations yet it can breakout nor slump its price unexpectedly.Buy low sell high sounds pretty basic but can you actually
apply it out on this very bearish market? Im sure you would be still hesitant.

You cannot make profits in a market that doesn't move, so regardless of the direction of the market you want a price that is constantly moving and that there are many people buying and selling so you have an opportunity to profit by being able to guess the direction the market will take, so to me this is a great opportunity and you should not waste it, it seems that people forgot already what happened during last year in which the price was not moving and that was really a terrible situation for most traders.

What makes it so terrible is because of huge market fluctuation. It may be this is not a reason to complain about the situation, we are living this for a decade already. In fact, it was our great opportunity to make profits as fluctuation keep doing well. It is only a big problem here that some trader and newly existed investors were so exhausted with the current condition which they fall into panicking decided to dump their coins rather than to hold.

Price fluctuations are an opportunity for professional traders while it is despair for beginners. There is no market in the world without price fluctuations whether big or small, it depends on how you might handle it that will determine whether you can make money from it or losses.

First, let us treat it in the aspect of trading, I think that price fluctuation should actually be seen as blessing to traders, especially fluctuation on those coins that are useful for trade, I wonder how stagnant my trades would have actually been if there was no price fluctuation that would either give me the opportunity to buy or to sell, it is only when I have price fluctuations that I can make trading moves, which is why stable coins can never be used for trading.

For investment, I think that the fluctuation of price should also be a blessing for us, although not always, when the price fluctuates against the general market, it should be a time for us to buy, especially for those who had not bought at cheaper price, the only fluctuation that I don’t admire are on those coins that have no real use case, because it could lead to their death.

For most people, I see despair, blood and death.

It is a problem, because there is a lot of material on the internet telling you all about bitcoin: how it works, how it was conceived, what is its purpose, etc. Still, most people use the internet only for gossip and intrigue in social networks or for toxic subjects. Its sad, but humanity will not change. People have been programmed to be slaves and there is nothing we can do about it.

I will have to consider this a big opportunity for buying my favorite coins that has gone so cheap of price at exchanges. This is our best time to pick our selections before another bounce could take dominance. Don't waste this very important chance, grab while the iron is hot and once you let this go you'll regret in your entire life.

you got to understand and live with the fact that bitcoin price is volatile and unpredictable
unless you are a whale that can influence the price by buying or selling huge chunks of coins , there is no predicting the price and even trend
BAKKT was expected to have a positive influence and resulted in a 2000$ price drop , well not exactly the BAKKT was the reason , of course
but what I'm trying to say that there are no direct cause-effect connections between  the news and the price
I would not despair even if btc went down to 4.000$ , don't we remember May of this year and 3.200$ levels?
8.000$ is a good position to be , bitcoin could go either way and in any case I'd be looking for opportunities , see cheap coins - buy them , think that there is going to be a drop - sell
easy peasy  ;D

Well, the answer to this would obviously change depending on which direction it fluctuates. For example, when it was around 3-4k and moved to 20k people were crazy happy about the volatile part of bitcoin, they thought it was amazing and they believed it could continue and if you asked them what they were thinking about fluctuations then they would say it is the greatest part of bitcoin.

However, it dropped a lot recently and now when you ask people what they think they say its horrible and they wish they knew it was going down so they could get out of bitcoin etc etc. That is why I think when you ask about the fluctuations would reflect more on answers than fluctuations itself. Just know that fluctuations exist and if it fluctuates up then it would go down as well.

There is always money to be made on the upside and downside in any volatile market.  But you hit the nail on the head, trying to make sense of what the next month will look like is near impossible, glad I dont short term trade because it would drive me nuts.  Buy the dips and cost average down and sell some profits on the way up.  I wouldn't worry too much on the daily/weekly moves.

It does really pertain with both sides yet it do have the good and the bad if we do see it thoroughly.Price fluctuations do had positive and negative and as you said
people will react on the situation that they had faced on since not all would really have the same profitability and in other side most people do lost out their investment due to FOMO and Panic sell when there a Fud but for risk takes or investment seekers these price movements are the recipe on making out some money to this market.

different people will see these fluctuations differently, as for me I see it as an opportunity to convert some of my alt coin into bitcoin and wait for it to rise
since I have been dealing with bitcoin for 4 years now these fluctuations are normal to me now. as for new traders they might see these fluctuations troublesome
and will withdraw to prevent further loss.

This advice of buying low and selling high is really not applicable to all coins and it would be very difficult to apply such rule in this bearish market because we have some coins now, that looks like they have already bottomed and would also look like it is the best time to purchase them, but before you really know it, it keeps going down in price.

For those coins, the best time to actually trade them is during the bullish market, but exceptional of Bitcoin, Bitcoin can be bought at any time because no matter the drop in price it may have, there is always going to be a short period of time for it to recovery which whoever is able to buy at dip price them would be able to make money within the shortest possible time, which I think maximum would be 4 weeks.

we aren't in a bear market because a single drop doesn't suddenly change the overall trend to cause a bear market! but even if we were, the strategy still works because the "buy low, sell high" strategy is a very short term strategy that works based on fluctuations of the market and market always goes up and down even during the drops. for example it goes from $10k to $9k then to $9.5k then $8k. in there there is a rise.

I don't know if it's just me, but I tend not to consider Ethereum as 'mighty'.
It phase has passed and I don't think it will create much impact in the long run expect for the influence of Ethereum Classic.

And to your question OP, as an investor or cryptocurrency, trader, if profit is an ultimate priority; its best to always see a green in every red during Bitcoin price dip.

It depends upon person to person and their risk appetite. For a conservative trader, high price volatility can be a sentimental issue but most of the time such price fluctuations present glorious opportunities. Since the crypto space has low volume and less or no regulation as compared to traditional investment assets, high volatility is inevitable. One should try to take opportunity out of such volatility.

Who said that ETH is mighty? Its ranked 2 on overall market which means its capable and even BTC do really have that volatility problems so it wont be surprising if other top alts would suffer it too.

Price fluctuations are just normal and as said its important for you to get out in green even how the market moves neither on opposite sides.If you cant make yourself
profitable on any market conditions then this signify that you aren't really that good.

I can't disagree with you anymore, since in the first place this is an open market. There would be price manipulation and the fluctuation rate is unexpected since a lot of people are trading different cryptocurrencies. It is up to you on how would you adapt to the market situation because every move of the market is a quick profit if you know what you are doing.

These price fluctuations a boon for us to make use of it, you can reverse scalp on days when the price is obviously tanking and breaking supports. Like put in a sell order at 7800 and a buy at 7700, gambling that if we hit the first we'll quickly hit the second.

Most assets take the stairs up and the elevator down. Bitcoin takes the elevator up then jumps off the roof. But you can use that, if you're clever about it. Just think about dollars as the thing you are buying and selling, not Bitcoin. Bitcoin is the hard money, whether people get it or not yet.

It's a great opportunity for those who still believe in crypto and despair to those who think crypto is just an illusion, I'm so sure that the price will not be this low in future,  majority of people in crypto does not see the long term investment in here,  they are just for the quick gains

I think this condition that makes different between bitcoin and another trading/investing place including altcoin. And for me that is really suitable to gain much money if you are an expert to trade. You can compare with trading forex who will take a long time (if you spend a little money) to gain profit. But when you trade on bitcoin then I bet although you spend a little money but you have a good prediction then you gain a lot of money on it.

That's the character of bitcoin price, maybe you have to learn more about it so as you won't find a desperation. When you find something and you choose it to gain money then I suggest you have to find the ins and out about it don't just depend on someone else or even you just take a decision to trade because you just know bitcoin is promising place to trade and there are many people who gain a lot of money on it.

Price flucations are the small windows of opportunity where people who have very little coins or fiat are able to capitalize of this, and are also able to sell their coins for a high price randomally.

I feel in traditional trading, the amount of capital required is much higher and it's way more stable compared to crypto-currencies with either slow losses or slow profits, much unlike how crypto-currencies function.

it actually depends on how well you make use of the situation. we cannot guarantee that with fluctuation we can create opportunities to increase profits. however, it depends on the strategy in question. out there is so much news about people who benefit from fluctuation and so many people who lose from fluctuation. Opportunity or despair? it depends on your strategy.

fluctuation must necessarily exist in the crypto market, if there is no fluctuation what do you expect from this market ??
so for me it's not just opportunity but fluctuation is the soul of the crypto market.

It really does exist the fluctuation in the market. Other people are in doubt about the fluctuation happening in the market possibly they don't believe it’s future. Fluctuations are just normal that we could see price in downtrend and uptrend. Indeed, without it, we could not take the opportunity from buying at the desired amount. Nonetheless, it depends on how we can manage to earn a profit.

Depends on how will you take any possibilities to earn, it's despair once you jumped into conclusion without prior study that has been done. Don't be a dumb investors you should be wise reading the flow, fluctuations are always been around and with how you anticipate the next trend, it will give a good outcome
to your investment.
Wait while observing don't invest your money if you are not sure, better to keep yourself with more understanding before investing inside.

Price fluctuations are opportunity for traders but despair for long term investors. Traders like to buy low and sell high & then sell high and buy low therefore can play both sides of market while investors can only buy so traders benefit more from price fluctuations than investors and it's an opportunity for them.

As we know price fluctuations is common in crypto markets some might consider this as an opportunity some may not. The people profiting but not all from these hourly volatile market are those in day trading or short term investing while long term holders are really not affected with this market movements because they are aiming for better prices in the future.   

I think depend on the people when see fluctiations situation as opportunity or despair and those who can utilize it they can get opportunity to buy low and sell high because they can predict the movement of bitcoin but i'm sure rare to see people able to do so and fliped to that conditions the volatility can makes people despair because they're being an FOMO and always buy high and sell at low price and it common i had seen currently that fluctuations can makes most people despair and doubt to get profit from bitcoin

Professional traders do not despair when there is price fluctuations which synonymous with cryptos rather a good trader will grab any opportunity that avail itself either in bullish or bearish season while analyzing appropriate areas or zones where to buy or sell of course this requires some element of expertise to be able to make profits consistently whereas hodlers will fears any massive dump or fluctuations.

Yes it depend on situation because if the price fall many are in favor because they can buy a cheap price.
True need  more patience and wait for the right time to sell.

Yes there are so many people who wants bitcoin to go back to $5k or so so that they can invest into bitcoin but those are the user who missed out to invest in bitcoin when it's value was down under $5k in the past assuming bitcoin might not recover. Most of us fails to wait for the right time to sell due to panic selling spree which takes over the market.

You need to be more active when you deal with volatility, traders who knows how to observe and follow the consensus of the entire situations are those who are able to catch up bringing good results to their invested money. It's not the majority who can facilitate this kind of investment strategy. More are being affected of emotions and loses their money inside the market.

It's your own way to established good investment strategy that will be fit to any kind of market situations in order to keep taking the advantages.

If you have proper knowledge and skill to implement in this highly volatile market then you can generate profits in any case even in up or downstream.Traders get oppurtunity when prices fluctuates to move their investment and benefited from it.Manipulations are always in every stream and whales manipulate prices in crypto market.So its just your decision that which time suits you.

Crypto cannot be separated from fluctuations and the value of crypto will continue to change at any time. Fluctuation can be an opportunity for profit and it depends on how we make choices.

Obviously, if you are a trader and you want to take advantage of it you can but the reality is that its because we have no regulations which is actually a good thing. This way fluctuations are actually an opportunity definitely not a despair.

There is nothing that keeps bitcoin from being 1 dollar or 1 million dollars, I am talking about technical and legal aspects here and not financial ones, there is a ton of things keeping bitcoin going to 1 dollars and 1 million dollars financially but nothing technically nor legally so that means price will definitely move up and down like crazy since nobody can do anything about it.

If a stock goes up too much, SEC takes a look at it and sees if it was legit or fake, nobody takes a look at bitcoin. Hence, it is the deregulation and not financial reasons.

Its like a double edge sword though when we do talk about fluctuations but this is way more better than dealing with stable coins like we do see on forex and stocks which
prices are way too slow to move. How can we make money out for those minimal movements? Yes it is somehow better for stabilization but in terms of profitability then its less.

Opportunity if you are positive towards it and if you dont take it seriously and let yourself lose constantly then this one would create some despair.

Fluctuation of crypto is the most interesting thing as everybody come here because of the price up and down, if the crypto was stable then nobody would be able to do trading or make any profit from investment in crypto. I think fluctuation is the opportunity for most of the people in crypto as it provides a way to make profit and earn money in crypto, it may be despair for inexperienced people.

Reflecting the current conditions, the price of bitcoin is estimated to still tend to weaken before continuing further increases. The weakening range has the potential to reach US $ 7,500-US $ 8,000. Even so, if the price of bitcoin is able to penetrate the range of US $ 9,000-US $ 11,000, I see an opportunity for further price increases. In fact, it is not impossible that the level of US $ 20,000 will be reached this year.

For me it's the chance for us. Crypto market attract people by its volatility, with price fluctuations traders will have the chance to gain profit. We should use margin trading to take advantage of those fluctuations, even when the market goes up or down.

yeah fluctuation is a chance for everyone because when the price comes down investors and traders buy crypto currency and hold it either for short or long term and when the price goes up they sell their crypto currency get profitable, in this way fluctuation proves beneficial for everyone, if the crypto were stable then it would not be profitable for the people.

I do not really understand why some traders do not like a high market fluctuation, the highest the market fluctuation the fastest you can make profits, this is a known fact, so when the volatility of bitcoin is increasing I am happy about it because that means that you can make a lot of money really fast, and I have yet to see another market that allows you to get the profits that you can get in the market of cryptocurrencies, but if you do not like the high fluctuations in the price you could always trade other markets that do not move as much.