This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
Before that happens we may experience slight down turns before $45k is going to break. For now let's keep our eyes on the market, we don't know some triggers will exist then rapidly attracts a huge bounce which we never expected to occur this week. The momentum is now buildinh it's strong pillas, so we must be aware on that certain scenario. |
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Some say cryptocurrency is a low risk investment but high return and also does this digital currency have a fundamental value so that it is feasible for investment?
What do you think ?
It would only be low risk when you're at a stable cryptocurrency with optimized rank on coinmarketcap listings. But don't expect higher returns while we still don't see greenish market that's existing nowadays because you'll be frustrated on that. Everything is always feasible for doing an investment, somehow it just takes time in order to let it grow perfectly. |
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If that's the case I think it is a good news in the sense that those in bangla will have the opportunity to trade btc freely without any fear, besides btc is not only the currency that criminals can use to carry out their illegal activities, then what will be the essence of banning it and even going as far as threatening to punish anyone who engaged in it, I hope this is beginning of new doors opening for btc in Bangladesh.
I don't know if Bangladesh government is really pushing this or only a huge business owners including investors pushed this thing in order to create more positive ideas coming from their fellow countrymen. Let's first keep an eye after this news, because we don't know how legit are they towards cryptocurrency involvement. Also, I'm hopeful for Bangladesh to remain consistent with this alternative to make their lives even more brighter with financial freedom from Bitcoin. |
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Dear all
I think, this is bullrun continuation. But some people say bull trap. If 43000 btc break , unstoppable
They're just saying that because of doubt, basically it's not that serious and I don't see any bull trap here. The trend goes with normal changes as fluctuations sometimes break the emotions of fear, which usually happens when we seen price tend to spike. On the previous price, $42k was reached then suddenly fall back down to $41k today. |
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Robert kiyosaki said on his youtube channel ( The Rich Dad Channel) "this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"- INVESTOR = an investor puts capital to use for long-term profit. - TRADER = a trader seeks to make short-term profits by buying and selling over and over again. - SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later. i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term. How about you friend? Let me say I am both trader and investor in a way that I used to hold for so many years even though I got shitcoins with slow growing community. Who knows, it would wake up from previous ath it reached during 2017 but until now there's no progress happening. What made me glad and positive is that their community was still active several aspects like developments and new endeavors. |
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The price of bitcoin has risen so much that even if the shorts take their revenge, they will not be able to survive in many aspects. That's why traders should invest and hold on to bitcoin they are worrying the bosses by spreading shorts and these false rumors it is not possible to move forward in the crypto market without taking risks. Therefore it is necessary to wait for a long period of time only the time constraint the price will go up again.
This is the common upbringing that I heard from different discussions, but I don't think everybody could follow that idea of long term holding. Situations won't remain stable, you may find it difficult when fluctuations was very unpredictable. Even if btc returns to $40k, it's not really the big deal as long as it recovers too fast. But if bear market continues to trigger crashes, $38k downwards will still going to happen unexpectedly. |
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As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
Don't have a final conclusions yet, we cannot perfectly said this year to be a bitcoin or crypto adoption period. When we don't see government pushing through digital currency as most recognized asset, still this idea wouldn't come to become a fulfillment. We might seem to observe the highest price achievements, but it all remains to that state but nothings ever change in reality of crypto's volatility. |
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Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
All those stories they took at binance isn't having strong fact checkings, so don't be easily bombarded on that accusations mate. I'm just the one like you who also liked binance so much, they provided me a lot of opportunities to trade and entrust my funds with them so there's nothing to worry all about. The legacy of binance is historical, we can't afford to ruin it by just rumors that's lingering behind their backs. |
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The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.
Is it still bearish when there is currently no good situation?
Don't react too much when there's no good situations happening with bitcoin because traders isn't only focus on btc. They're holding other altcoins which also got a promising value that's starting to become progressive, after bitcoin showed a quick spikes. I don't think if bearish will strongly resist the bullish strikes of btc as well as the other top rising alts, so for today let's be smart on our actions prior unstoppable pumps will commence. |
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I have been flabbergasted, really, since I got that Binance is pressing and squeezing its users for what now seems a compulsory verification exercise by reducing its daily withdrawal limit from 2BTC to 0.06BTC for non verified accounts. I don't know what to make of this headlong as this is obviously killing the anonymous thing Bitcoin and cryptocurrency should stand for. Did anyone else who hasn't upgraded verification beyond basic one get that message?
Will Binance lose client base now. Will BNB take the hit and crash while this is on? There are many speculations going on in my mind right now.
What do you think?
~snip~
This is really a serious situation that most traders were facing right now, and with 0.06 withdrawal was too small as a non verified amount. Also I got an speculations that this thing was really been seriously undertaking with some regulations with binance itself. On this certain implementation, I don't think traders will be happy about it because mostly keep their trading anonymous and won't bother verifying themselves just to keep their identity private. |
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It's easy to enter with good entry point but the challanging thing is taking profit before a retracement and most of the times this retracement could be a beginning of a new trend changing a winning trade to loss. And in situations where the trader fails to apply stop loss there could be chances of blowing off ones account. A profit taken is better than a loss made no matter how small accumulation of smalls makes a mighty bulk.
Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.
I considered everything as long as I got profit all the time, but it came out that regretful when I reviewed all my previous tokens. The situation went so frustrated as I saw it raging around $0.12 in price, yet I bought it through cheap value at around $0.02 last year. What makes me more emotional, is the increasing value of my past tokens which I failed to hold just for quick profit that I put into urgency. |
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Can someone tell me how to run Tron network on metamask wallet or this isn't possible? Since RSK mainnet and BSC are possible on metamask why not Tron so before doing anything stupid that's why I think I should ask you guys
Tron has its own derivatives in terms of its network and I believed it's only running all alone on its network which cannot be link with metamask. Don't try to do this on your metamask, there's a lot of wallet app that can be downloaded in order to run tron network, compatibility issue is a must here. Please follow what's recommended and don't try to make it possible when there's a technical issue behind it. |
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Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning
Of course everyone make it as a good opportunity to earn good while there's chance to do it. After all when everything pass by, you're going to miss all those things then have to wait for another months or even years just to let your asset reach the desire value. However, panic couldn't be controlled when a person has no enough determination to handle trading specially when they don't have the skills and knowledge. |
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What do you think? After the Amazon rumor pump, followed by dropping back to $36k when Amazon said it wasn't true, Bitcoin is now a day later back pushing $40k. The market bottom has been roughly the $30,000s range (basically $29k to $41k) for the past 2+ months, do you think bitcoin now has enough strength to break out of the bottom of this mini-bear market in the next few days/week or will the price slump back down and stay in the $30,000s for a while longer?
Continued ranging on the bottom or break out and starting to move back to ATHs?
Indeed, it's going to move back to ATH and hopefully soon we'll able to recover successfully without any circumstances that might hinder increase. Based on the poll, breaking $40k is now commencing and to give any further developments resistance still strong even if green signals is showing good tracks. |
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You know right now the market is trying to recover. this can be seen from the price of bitcoin which rose to 38k, followed by ethereum, bnb and other large altcoins which experienced a significant increase today. once again bitcoin tries to break the resistance, after several failed attempts. here's another chance to break the 40k price tag. so does ethereum, last week ETH fell below 2k. but the situation did not last long and the price shot up to its current price. if the situation is favorable whether the market will start another rally.
Hopefully it's the last drop that we've just experience, and this time will be a good start for another promising rally which everyone is expecting to happen. Recently, the market price spoke around $40k but fluctuated down to $39k and within that range I foresee it's biggest potential to come up with another huge pumps. |
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If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.
To give a simple thoughts about it, no one is selling now because more holders chooses to wait until there's changes of it market movements. While btc hasn't yet reached the previous ATH, I think other coins also have been stagnant and couldn't move up high. I guess litecoin always depends with btc market pairs as well as eth, which got a huge market volumes on biggest trading sites where this coin was listed. |
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so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
Non so far, and as I've observed the latest market updates of price we've reached at $40k again. On that projections, I couldn't speculate any downturns as huge as the previous weeks. So for now, lets wait for another bounce which potentially heading towards $50k or higher. |
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Hello there,
What do you think about the altcoin season in summer and autumn?
There are a lot of factors telling us that BTC will grow much higher according to the fresh news:
Amazon,
Google,
Facebook
Tesla.
And a lot of other positive news for crypto.
Nevertheless this market is so speculative and unpredictable!
maybe you could give me your piece of advice and share your opinion about a situation on the market?
Sorry to say about the market situation for altcoins doesn't seems to be good right now, because it was only for those with strong community support. For those who've been out of fund by developers and real owners, everything went out to nothing but shitcoins despite of several fluctuations on both btc and eth. My altcoins price has beens stucked up and didn't grow any further. |
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Let me take a good ride after this so called manipulation, we aren't sure yet that this will be in hype sooner. Bear market still possible to happen unexpectedly, so let better be careful while there's already a fear. Just keep holding and bracing your belts now, before we see another bounce for btc will soon be trend in different trading sites. |
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There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin also overtake binance.
That's a very impossible thing to happen, and if you compare litecoin with binance achievement right now they're totall different. Bnb coins itself has their own bsc network which actually having strong dedication that caters different project right now. While, litecoin remains only a trading asset which relied only with holders and investors, so it wouldn't overtake binance coin. |
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