Bitcoin Forum

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

It was just a coincidence that made small adjustments last week.  we welcome fresh, fresh winds.  Good responses always create great momentum, in which bitcoin will be at the forefront of that movement.  The catalyst of a redirect that adapts quickly to good news will be the condition for bitcoin to achieve the new ATH.  $ 65k is possible.  Looks like you guessed wrong and something was missing! ;)
https://news.bitcoin.com/online-retail-giant-rakuten-allows-people-to-load-payment-app-with-cryptocurrencies/ (https://news.bitcoin.com/online-retail-giant-rakuten-allows-people-to-load-payment-app-with-cryptocurrencies/)

You cannot ignore those FUDs, they'll eventually come and will affect bitcoin's price. But you shouldn't worry with them, just as what bitcoin has shown.

Bitcoin will recover as much as it has been affected by such FUDs.

It is and that will be the next destination to break.

When you do deal with this market then you should really be prepared into these things like Fuds, shills and other sentiment towards the market so that you wont really be get in shocked
once you had seen on what the market had been doing.You would experience typical emotions that will wrap out in this place so you should really be aware and prepared for that.
Dont let your emotions fool you because once you do then that would definitely affecting your investment decisions which will really cause for some loss if you are unlucky.
Try to be smart and wise and utilize those movements into your advantage.

The price of bitcoin can drop the next three days to 42k and it won't be bearish. Bellow this price and perhaps at 40k it will be a little different and unless it bounces with conviction maybe there will be trouble. For the time being it is doing great and has a good chance to rise again into new all time high. It is the second big correction since Bitcoin broke the old ATH at 20k and perhaps there could be another two or three more if the bull run keeps going. But history isn't always repeated in detail, just the basic picture does. For the time being it is doing great imo, however I am here for profit and to minimize risk. I am not telling people to buy at 48k, I only tell to have a plan before buying and find targets, profitability and how to make this work without risking a lot.

With or without the Fud and Fudsters, Btc will always comes down for correction whenever It made a bullrun.
Though FUD can affect the market, but it will be entirely different this year and it seems that no Fud would affect the rallying Btc market currently, because of the influence coming from big names and companies who were buying Bitcoin. So, to make things short, Btc will rally back to $50,000 and beyond.

Because bitcoin price is nowhere to go but up after this correction. This is the nature of the market, at least once a month we will see some dip, so it's either you buy again or sell. But the latter doesn't makes any sense. So currently in the last 24 hours, bitcoin might hit $50k again and then reach another all time high this month. Too bad for those who panic sells, the best action is to really buy in this dip and continue to HODL.

I check my portfolio today and all green, Yes, I agree with you, the dump is over now and Bitcoin and Altcoins will start to fly again. But the correction around a week ago, I think is not from FUD, this is natural from the market. After the pump will dump, this scenario will the same.

I believe a lot of people panicked because of the decline of btc price, and now it is moving up again and we are now almost hitting the 50k level again. Just normal movement of crypto in the market. That was not FUD, just part of market correction. And for those who bought at that level are now earning their profits.

Notice that we are really special this year.  Of course, it didn't fall, but it looks like you should reinforce this market's morale and consistency.  The picture now returns to the runable bull run scenario. at march 2018, it's already green space, this scenario is repeatable.  Or after last week's adjustment, there will be two more months to stay at the new ATH. Bitcoin at 80k$. Lol

It's a good correction though to let everyone in while they still can what we have experienced is a normal day to day movements. It might be a fresh start after the correction but I expect more weak hands will try to dump as Bitcoin is starting to moving up. So I think we might still stay at the $49ish or something for a while then slowly breaking the $50k again then move to break the $60k resistance and create a new ATH but that might take for a while.

If the sky is falling there's no need to worry, the sky will be clear again, like weather, things will always come to pass, many people consider correction as the market is crashing, like what happened this week many count this dip as the start of the bear trend, but the market proves otherwise, be sure to do diligent research before taking action.

Yes, just what we have thought, another normal correction every end of the month, so there's no need to worry and panic when the price goes < $45k. We are slowly getting into the next support line which is $50k, I'm sure it can be breach in the next 48 hours.

So the sky isn't falling after all, on the contrary, this kind of correction I would say needs to happen to make the market healthy, sort of reset every month and then we go chase another all time high.

You do know that Bitcoin has died multiple times, maybe up to 300 times on the internet. It's always going to be called out and say that it's "dying", but that's just what people feel when it's going down and just new to this type of thing. What happened recently is that it's a healthy correction which is needed by the market. Most of the time, the recent ATH has dropped around ~20-30% and then recovered and break another ATH.

That's what happens, and we need to be ahead and take advantage of this by averaging entries if you are investing and get some profits.

Some FUD's started with the double-spending thing, but it's really not new, and the network can withstand those types of happenings. Since there are a lot of new people in the crypto space, it's probably them who has caused the dumps and really internalizing the FUD.

Both FUDs and good news always be in Bitcoin space even though it's on bullish or bearish, you'll see those things around the news.

It's too early to define Bitcoin is on the sky "right now", it's still the beginning to reach the sky. Many institutional and company are already invest on Bitcoin, also other company follow this trend. They're believe how great the future of Bitcoin is.

Anyway, there will always be charts to convince yourself whether the price is going to crash or not and therefore, we shouldn't 100% trust information that will leave you shaky. I personally also previously believed that the price would still go down and therefore I was not ready to buy it, it was not because of panicking and trusting FUD because it was my personal fault. The price movement is getting more difficult to predict as concerns about the market collapse after hitting ATH are taken into consideration, market sentiment becomes reversed.

just when we thought all fuds had been said already but it will work when they say it over again. and BTC had also died several times. they are still up to spread fud despite the institutions like Microstrategy and JPmorgan on the side of cryptocurrency. one of these fud is the energy used by the network that i have just read on facebook, it's pathetic because the users who reacts are not really cryptousers.

We are already near 50k level and you know what's funny? The altcoins are not where they used to be and they will increase a lot, BNB will be 350 or so, ETH will be 2000 and all other coins will reach to their week ago or so peaks once again, first bitcoin becomes higher because that is where the money comes in and it is obvious that the price increases because of that, the reality is that eventually bitcoin will peak again and when that peaks that money goes into altcoins instead and people do end up with basically higher and higher altcoins, remember how BNB moved from 30 dollars to 340 dollars, that is not something that easily forgotten neither, so basically we are in a situation where we should be making a decent amount of profit from buying altcoin today and waiting a few weeks at tops, it will be back in those prices again and we will profit from that.

Looks like we're heading back down just as I predicted by proven math.

I think many have in mind that reaching $50k is the best option to sell, the news, the comments, some analysts say that the price will go back down to $40k- $42k, but although it is very possible, it can give a pullback and reach $60k as the first goal, this scenario is very likely considering the incredible FUD, millionaires want more bitcoin, therefore they take advantage of the FUD to buy little by little, it is a great business to buy at $40k to make a profit in $60k is not bad at all.

If we review the trading volume it is merely for sale, which means that there is a lot of supply, when the offer is removed, the remaining path is bullish.

There were FUDs that had brought effect to the market and that's why they're still going to give caution and worry to those that think about it. If that's coming from a big name, people would rush to believe it and will sell no matter what their plan is.

Most of those that will be affected are the ones that are new to the market. They're not used to it and that's why they're likely to be very affected with these FUDs.

I don't think that trying to be rational in a market like this should be constituted as FUD. Except, of course, if one is making completely bogus arguments.

Markets are FOMOing hard still, especially with institutional investors who are not trying to cash in on the crypto boom.

I would be very cautious in terms of speculating at this stage of the bull market. Prices have the capacity to go up further (and probably will, given the historical returns of BTC in bullish environments), but the downside risk far outweighs the upside potential at this stage. Stay off leverage/margin and only DCA what you can afford imho, even after the recent recovery.

If for trade, I think is scare to join in market. Bitcoin movement not fully increase, we can see another dump today or tomorrow if Bitcoin breakdown the support. But if for the long term, buy now, or tomorrow is not truly effect

There might be a very few people now looking at Bitcoin thinking that it is a cheap price considering on where it is standing now. The last rally was brought by Elon Musk and Tesla making it a public knowledge that they are investing more than a billion dollars worth of cash reserve into Bitcoin and it triggered FOMO and overall market confidence for existing and new investors, now we have seen Bitcoin fall down ever since then meaning that the hype brought by Elon Musk died down already and not unless we have another FOMO similar to that I don't think we will reach new heights.

I think I will agree with this, I see a downtrend of Bitcoin will coming, yes i hope Bitcoin can survive and we will see another pump but..., So let's wait for what will happen, and always prepare funds to buy more if the bad scenario happens

Well you're right, what happens is that Elon Musk moves a lot of people, with respect to what you say, I just saw in cointelegraph that one of his stars O'Leary after he said a while ago that "Bitcoin was like a hamburger empty giant "and will currently invest 3% of its wallet in Bitcoin, 'Shark Tank' star changes tune on Bitcoin, will allocate 3% of his portfolio (https://cointelegraph.com/news/shark-tank-star-changes-tune-on-bitcoin-will-allocate-3-of-his-portfolio) will it be really relevant and cause a sensation? ´Shark Tank´ has many followers, fans, something can be achieved, as long as everything that is in favor of Bitcoin is something good and helps.

No it won't fall for us, but when the sky will shower us with blessing that's an awesome scenario that we're looking forward to have. Ignore FUD and negative statements, they're just going to fade just like colors and bitcoin will continue to grow and influence the whole world because of its promising value today. Let's welcome another waves to come and embrace every opportunity that we could get.

Im watching the price this evening and it keeps getting so close to the magic number 50k price point. 

Price per coin is up about 3% in the last 24 hours alone so maybe we see a little Bull run here.

FUD, panic sells, panic buys and all kinds of weird things you see on the internet has always been an inseparable part of bitcoin world. It is a small world and is usually filled with naive people who believe anything they read online just because someone is saying it with confidence. Then they end up losing money!

The worst part is that people don't seem to want to learn from their mistakes either. As they say, "fool me once shame on you, fool me twice shame on me". They've been fooling people for over a decade now and they keep falling for it.
Soon we'll be looking back at these days from half a million dollar price just to see the same thing repeated when they say $600k is bubble and should go down to $500k again.

$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?

I have noticed that in every price correction there will have a strong spike on the market. I couldn't think it was the FUD's helping people to be more aggressive in buying back or the FOMOeng is really making the possible.  
Yep, maybe. But that was close to possibility than overly thinking about $100k within this year.
$100k is really high, I can't tell if people will still have the courage to take the risk or just to find another form of investment.  

If you get used to with crypto currency price movement especially bitcoin then you will already know which information that can lead to the trully FUD or an information that can only make many people afraid and force to sell their investment place.

I found many times the information like that and until I've known how to deal with that situation so as I can still comfortable with my decision (hold or sell). There will be some people who want bitcoin price drop so as they can buy as much as they can, also bitcoin still have many enemies especially from old investment place, so as they will make several negative statement to affect many people.

Situations like these arent something new that you can see on this market.It commonly happens when the market is on extreme bullish situation where FUD's would
always be on next in line which it is somehow obvious already when everything is enjoying the profits and then suddenly some negative news do pops out from nowhere
which do really tend out to drive the market to go down.Its on that manipulative manner but this isnt forex/stocks which is really very strict when it comes to those
circumstances where manipulators could really be sued and be punished out but for this anonymous market then it isnt really something that can be handled.

We’ve seen this kind of trend before and we can’t be so sure that Bitcoin finally recovers from a potential bear because the volume is still not that high. FUDs are normal, they create this one to correct the price of Bitcoin but if there’s a strong demand then that FUD will turn to FOMO and people might be more in hurry to buy Bitcoin. If we stay above $50k this month, then that can be a good sign of a strong bull.

FUD's have no effect this time, people are now learning from the past and ignore those things. Which unlike before, dumps are unbeatable, everytime we heard about the fakes news, dumps will follow but that was it looks different now. This will be served as an indication that we no longer getting back to the doom.
But still, we can't decline market correction as it is normally happening around.
I expect more pumps, though.

Correction is going down, recovery is going up, so if we go to 80k that would be called recovery. I believe we are done with the correction, we are already over 50k and that is proof that we are not going any further down, that is why I believe there is some sort of bottom right now that we won't go under, but that doesn't mean that we will go higher neither, could we be 80k? We definitely can reach to those levels, could we be 30k?

I do not think so. Which means we are in a situation where we will make a profit, but we will not lose money and the only question we are facing right now is how much profit will we make and that is a good problem to have. Maybe we will not be 80k, maybe we will max at 70k and not go above for a long time, who knows? But, that is still a profit and that is why I am fine with investing into bitcoin right now and some other coins as well.

Bitcoin price now is back to $49k, so I think the correction will come again. But if you see at the chart, the chance for the price to increase back will still be there, and I guess that this correction will end soon, and the price will start another rally. Hopefully, after these hours, we will see the price start increase, and we can get back to profit again. But still, be careful with the correction because the correction can happen again without us know when the time comes.

Today is March 5, and i see Bitcoin still at a stagnant price, it's different like last month that the price of Bitcoin increased so fast and make profits to many people, The fact is this month is not as good as last month, I have a lot of coins stuck in high price and still not recover, if Bitcoin stagnant like this, will take a long time to recover

If I look at Bitcoin moving between $ 44k to $ 51K in recent weeks, I can see that the Bitcoin price is quite stable. But we can use the volatile
price of Bitcoin to make profit with day trading. Regarding the problem of FUD there will always coming to be able to drop the price of Bitcoin,
but because Bitcoin fundamentals are very strong. So if the Bitcoin price falls, it won't go too deep and it can recover quickly.

I believe this is why $50k is proving to be another strong resistance and is proving to be hard to break. The day traders are filling the market while abandoning the altcoin market and that creates a lot of sell pressure in bitcoin. That and the fact that $50k is yet another round number that is acting as a psychological resistance!

It is still not yet a week off this month so there is still a lot of things that can happen in this month and we don't know yet but this month might be show another ATH which means that the bull run is still going strong. Patience can help you, it is good that you still have coins even if they are stuck than those who do not have coins and sold at a lower prices, always see the positive side of things.

If you believe tht there's a rainbow after the rain, then expect the pot of fortune as well.

It's setting your minds and looking for the bright side instead of worrying about things that haven't happen yet. Believers knows that there's always a good timing for both buy and sell position, it takes time and good analysis for you to set up your targets. Better to go long to avoid making mistakes following fuds and regret when you see the bounce back.

10% movements in a few days is not exactly what I'd call stable, and we actually have seen much much more than that happen in 24 hours. The last 24-hour change right now is more than 5% for example and we aren't even really in a big period of volatility!

No use to look at such short time frames for Bitcoin. Just keep watching the year on year graph:)

You are right. I have to say that the range of the bitcoin price is a bit wide. The narrowing of this range a little more and changing between 47-50k dollars would make us more happy. Even the prospect of watching a chart rising positively with bitcoin increasing a little more excites me already.

When you do deal up with this market then you should really be having this kind of behavior and you should be aware nor be ready on things to be like that.
Fixing up someones mind might not really be that easy because seeing price to decrease and make your portfolio put in reds will really give out that panic feeling.
Fuds are common so better get used to it or else you would really be able to make out decisions that would really be in result on losing up your money.
Stay focused and dont let yourself fall into that emotion where you do get easily panic and make out false moves.

As of today corrections was presently taking more time to resist the fall of btc, I foresee that holders trusted more on the strong momentum that has been created. They'll never be shaken with different premonitions against bitcoin speculations, all I knew that everything is just a manipulation through psychological aspects that's deceiving somebody to ride with their tactics.

If you have the same belief as mine about waiting for the better days, what is the point of quoting my reply? Mindset and analysis aside, you also have to have enough money to curtail the possibility of losses that might come your way.

The holders already have more experience than ordinary people who lack information about that, and they can still hold their bitcoin, even if the price is down. They will know that if the price is down too deep, it will be the best time for them to buy more bitcoin as they will not have a chance to buy when the price increases. The correction will still happen now and in the future, and we do not have to worry because the price will be back to the high price. Even if they can manipulate the price, they can not manipulate it all time.

So far after each of the corrections there was a good increase, it is clear that we are still in a buy situation because we could honestly make a lot of money from buying now and selling when it goes above 60k. Not saying that it will be like that very quickly and easily, it may take some time but I do not remember just a single time when bitcoin had a correction and increased only a bit and waited there, it was always obvious that we would be getting back to ATH prices because that is what recovery does.

Of course, this stable period may actually make some people a bit anxious because the reality is that people want to see it go back to what it was to feel a bit more comfortable but I suppose they can wait a bit more and they can see how it goes to 60k+ levels soon.

It was obvious from the start that it would be a correction and not a crash, why? Because, there wasn't people who were in panic mode selling all over internet, when these things crash many people actually start talking about how bitcoin is crashing and how it will be bad and etc etc because that is the thing about crypto if something goes down, that usually starts with talking and if everyone says that it will go down it really will but if people are not worried and it still goes down, that means it will recover. That is what happened during this fall, as well, people didn't care about the fall and they talked about how they were buying more now that it is cheap, that is the awesome part and that is why it was obvious that it wouldn't be going down. The end result is obvious that we are reaching to a point where we are doing a lot better now at over 50k+ as well.

I see March as the month where Bitcoin will be making some short term corrections but looks like I'm wrong.. AGAIN :D.

Since the start of March, we saw Bitcoin went up from its previous support of ~$45,000 and looks like it is breaking the $50,000 price again. The stimulus package news has impacted Bitcoin so much that it went up $3000 higher than its yesterday price. FUDs?? What are they?? TBH, I'm not affected with those FUDs spreading in the internet. I've seen many FUDs already. On the other hand, FUDs can be useful to us because it may be a sign for us to buy more Bitcoin and hold :D.