If I see the price of bitcoin is currently in an uptrend, although there is a slight decline. The occurrence of a decrease in the price of bitcoin, is a normal thing to happen. Therefore you do not need to panic when the price of bitcoin drops. As much as possible you strengthen your psychological condition after being damaged by worries and assumptions, then you will not easily panic and get carried away by emotions.

I think now bitcoin price is in an uptrend since last week. The bitcoin price has again broken through the current $57k level. Therefore I think the target price of $60k will be reached within this month.

In my opinion, the current crypto market conditions have started to improve again after a few weeks ago experienced a very deep decline as a result of China's FUD news. The price of bitcoin is currently experiencing a high spike where the price has broken through the $57k level.

I think both crypto and fiat currencies have something in common, they are both acceptable because of trust to function as a medium of exchange. Fiat currency is believed to have value and is trusted as a medium of exchange because it is issued by the government. Meanwhile, cryptocurrencies, although not issued by the government, are increasingly believed to have value, and as a medium of exchange. Even some countries have long-term plans to use cryptocurrencies as a means of payment as recently implemented by the country of El Salvador.

Maybe you have a point too. Moreover, the price of bitcoin is now back up significantly and the price has broken through the $54k level again. If this strengthening trend continues through the end of the year, it is very likely that the bitcoin price will hit a new ATH early next year or pump up to $100k.

In the midst of fluctuating market conditions, El Salvador has returned to buying bitcoins. El Salvador bought bitcoin during the recent downturn where the price fell below $45,000. El Salvador thinks and believes that this new initiative will change the lives of its citizens, especially those who rely heavily on remittances to send and receive money from abroad.

I see bitcoin's downward trend is still not over. Bitcoin will still fall deeper from its current position. Therefore, the price of bitcoin will slowly fall and will form a dead cat bounce until early next month. I suggest that if you want to invest, it is better to use money that is ready to be lost or funds that are not used for daily needs. You also have to understand that behind a big profit opportunity, there is always a big risk.

The market had previously been bullish from the recent correction. Even so, the BTC price is still around the $42,000 area and not moving any further. Under these circumstances, BTC is likely to continue to experience Bearish and also Bullish. Therefore, it is difficult to predict exactly if the bitcoin price will reach $85k next year because the current up or down trend is still difficult to observe.

I think the current movement of the cryptocurrency market is experiencing a significant decline. The decline in the price of Bitcoin, which was followed by several altcoins. I consider this price action to be bearish, and I think the decline in bitcoin prices will continue until the end of this month.

In my opinion, Bitcoin price is bearish at the moment due to the slow retracement seen a few days ago and is likely to continue in the next few weeks. Therefore, I expect BTC to set higher lows over the next few weeks and look set to move higher later this year where the price will hit $70k.

I think the use of Bitcoin in El Salvador will revolve around sending money only and people using it to save, and its presence is probably only to compete with the US dollar currency there. Meanwhile, the implementation of the use of Bitcoin is causing confusion in El Salvador. Many locals still don't know how crypto works or how they can use it. as we know that most of the people of El Salvador live in poverty and do not have internet access or smartphones which are required to participate in the bitcoin network.

Transaction fees, processing times, and other hurdles also make this feel more like a beta test than a solution to many of the problems plaguing the country's poor.

You need to do with a trading plan. Many novice traders do not have a plan. So, the profits are not maximized or even lose. So don't think you can make money fast and become the next crypto millionaire without using careful planning. You have to be more realistic to understand BTC price charts because the market takes time to mature for you to invest in bitcoin smartly.

For now, you should only speculate on whatever amount of money you don't mind losing entirely.

The drop in bitcoin and altcoin prices doesn't scare me or panic. Rises can happen at any time and you can't just wait. Create a new plan. Do some research on what crypto might have a profitable loophole and allocate your funds wisely. It is difficult to guess the exact price because all Bitcoin trades are left to the market. But for me personally, I still believe the price of Bitcoin will be in a bullish trend next year.

cyclically, I think the price of bitcoin will reach around $100,000 in late 2021 or early 2022. However, before it reaches the $100,000 level, the value of Bitcoin will decline first. Therefore, it is better for you to wait for Bitcoin to drop to the $45,000 to $42,000 level before making a purchase. If there is another massive sell-off, bitcoin risks dropping to $40,000. It's still possible, after that bitcoin will return to the $50,000 range and back to $65,000 then the buying will return again. I think bitcoin will touch $100,000 in the next six months.

I think there was a period of bearish correction Bitcoin plunged to the price of $45k. That was before BTC rocketed to its all-time high (ATH). Down to $45,000 which would be a very good buying opportunity in the long run. Rest assured that a new ATH (all-time high) will come later in the year or early next year.

For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

I'm of the view that Bitcoin will hit a new all-time high in the next few months. But that does not mean bitcoin will always be stable. There is still uncertainty that causes the value of bitcoin to fall.

It seems the bearish sentiment is starting to wane as buyers fueled a relief rally from the shakeout low around $46,000. Bitcoin is up about 4% over the last 24 hours, but is still down about 8% over the last seven days. The broader uptrend is weakening but the price must stay above $45,000 to maintain the bullish outlook. Despite the short-term bullish signal, the ongoing bounce looks corrective. Therefore, it is unlikely to be a bullish trend reversal.

The downward trend in Bitcoin prices is still continuing. after touching the level of $ 52,000 is now down to the level of $ 45,000. Bitcoin price correction is inseparable from a massive sell-off in the crypto asset market. the correction that occurs in the current Bitcoin price tends to be temporary. The current correction will make the Bitcoin price stable first considering that the last month Bitcoin has gone up very significantly.

I think this month is difficult if the bitcoin price reaches $70,000. Looking at the movement in these two days, it seems that at the moment the bears are building momentum. As the Relative Strength Index remains around the 50 level, BTC could find critical support at $45,000 and below in the near term.