Hold your nerves because I feel that bitcoin is breaking the 30K barrier multiple times and hard to hold the above line while its constantly touching 28K and jumping to mid 29K. So it means we are reaching the last quarter cycle and soon we may expect below 25k even too the level of 21K.
I'm not sure bitcoin can go down to the price of $ 21k this year let alone in the second qurtal. you are so sure that bitcoin can go down again to the lowest price of $ 21k but I can only believe the last low price is currently $ 28k and will continue to stay above it. |
|
|
|
The cryptocurrency market has failed to live up to traders' expectations as the bitcoin price is still struggling to get back above $40k. Bitcoin's attempt to hold its price above $40k indicates the sluggish momentum of the crypto market. For almost a month now the bitcoin price is between $37k-$39k. Currently, the price of Bitcoin is trading at around $38k. If bitcoin fails to maintain its $38k price range, it could drop to $32k in the near term.
Cryptocurrency market conditions really do not generate enthusiasm for investors large and small to enter the market, Crypto corrected in quite a long time for now, bitcoin also has not shown an existence in a suitable return, let alone other coins that do not have utinitas like bitcoin, I am very doubt that this year the crypto market can give a positive reaction, the possibility that this year the market will be volatile again until recovery without pause bitcoin had fallen yesterday to a low of $28k and is now recovering back to $30k at this point. My suspicion of bitcoin price falling below $32k has happened and now it has got support back to $30k or grew by 2.36%. seeing the current conditions I'm a little excited and hope bitcoin doesn't drop below $30k again but it's still in a less sure status too. will bitcoin regain strength to break above $32k again. |
|
|
|
|
all markets are experiencing a downturn and that's not just bitcoin including worldwide stocks. That's why I was still calm and too panicked. some of them are starting to dispose of assets by exchanging it for a stable asset and then others follow suit, so that becomes a negative signal and it seems that the world markets look like they are correlated and they move together at almost the same point that they cannot switch other types of assets.
|
|
|
|
|
Everyone has their own views and of course very different from ours. if the OP is sure of his own decision and sure of his decision, I think that's very reasonable. because what we think can't necessarily be right and he can't be wrong yet because bitcoin is centralized and recovery is very fast. who knows after the OP buys bitcoin it goes up and can get a very large profit.
|
|
|
|
|
Don't blame other people for what's happening right now. now bitcoin is falling very hard and can't convict that bitcoin is not responsible for this incident. it could be that the incident of the bitcoin price falling was deliberately caused by them by making strong price corrections to succumb to intense business competition so they had to really bring down the market and re-slam the strong so that bitcoin got high support.
|
|
|
|
|
I don't expect bitcoin to go down to $20k even though now the market price keeps dropping. The decline from $40k to $28k was a very painful price for investors and made new investors panic and fear of losing assets later. but I'd rather see bitcoin get high support than many people hope bitcoin can go down again, because it makes other altcoins will be destroyed too.
|
|
|
|
|
good analysis in my opinion even though many analyzes fail at least every analysis can provide encouragement and enthusiasm for amateur investors. Looking at the chart presented, a bearish peak has occurred and a bullrun will occur in the future. based on my prediction, looking at the graph that in 2023 bitcoin will experience a sharp spike and can penetrate the previous high price.
|
|
|
|
|
The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.
|
|
|
|
|
bitcoin is still at its current low and is at $29k on the charts so this is a very good time to buy bitcoin. it seems that a lot of investors have adopted bitcoin now either at its current price ($29k to $35k) or at a high, but I'm sure bitcoin will hit highs again. Basically 2021 is a red year and 2022 looks like it's going to be the year of the green light.
|
|
|
|
|
Everyone expects bitcoin to be legalized in all countries especially my place. but the current reality is that in some countries they still reject the presence of bitcoin and are considered a threat to the growth of the value of the local currency. but gradually I think they will definitely accept bitcoin even though it doesn't directly make bitcoin a legal medium of exchange.
|
|
|
|
|
bitcoin is experiencing bottlenecks and challenges to grow again to reach its target of $80k. for now don't expect to go up and break the high price again, but take the opportunity to buy as much as possible before the market skyrockets. The best hope for investors right now is to wait and see until the time comes.
|
|
|
|
Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for
I don't see any speculation that bitcoin will cross $100k in 2021 but for me it's more of a wish for everyone and every wish may not come true. As we all know, the bitcoin market is speculative, meaning it may or may not be achieved. So as an investor, you must be smart in analyzing the market correctly. |
|
|
|
|
bitcoin has experienced a decline yesterday there was a decline to the price of $29k and now it's back to the price of $31k. bitcoin has a fast recovery and sometimes the decline can't even be predicted by anyone. so when there is an opportunity to buy then it's a good idea to buy and be able to get a profit as quickly as possible without having to wait a long time.
|
|
|
|
|
Everyone wants to buy bitcoin when the market starts to fall but doesn't want to try it, finally bitcoin rises again, only to realize that he regrets not buying when the price drops at a very low price. now for me is a good time to buy and buy don't wait for the next day because it's not necessarily the next day bitcoin will fall again. but if it still goes down, then be patient because bitcoin has a fast recovery system compared to other coins.
|
|
|
|
|
we like to jump, sometimes fall and sometimes fly, so corrections are still reasonable for those of us who trade short term. This correction is our chance to buy and our chance to sell when bitcoin repeats itself at a price above $40k like yesterday. once a month price correction often occurs until it reaches the price of $ 35k and another increase above $ 40k is not the best opportunity at this time.
|
|
|
|
I have been thinking of the possible reasons of the bitcoin falling down. Since I am not an expert on the Currency I cannot predict or give any reason. That is why I want to know the reasons. Please if anyone can tell me I will appreciate. Thanks.
It is simple, you can find the answer if you follow the supply and demand of the market. From that we derive that the supply outflow the demand. Another thing is by looking at the current BTC news trend. There are lots of persecution on Bitcoin mining and that also affect the demand of BTC. So check which one is dominating the media, the BTC hype or the BTC FUD. The supply ate getting limited but since there’s no huge demand currently in the market, tendency our the price will be more cheaper and that is what happening with Bitcoin right now aside from the market condition as well. Bitcoin price hits the support level, and keep watching because it might continue to fall and most probably hit another bottom before rising again. This is a good opportunity to buy, don’t miss it. The reason why bitcoin price is going down? certainly influenced by the high level of supply and the lack of demand for bitcoin at this time. many bitcoin holders try to sell their assets and switch to FUD currency. However, the cause of the strong supply can be influenced by various reasons, such as the cessation of mining carried out by certain countries and so on. |
|
|
|
Great news for Bitcoin, and dominoes are slowly starting to fall one by one.... next continent should be Europe  I am hoping Central African Republic will use different approach than El Salvador with chivo wallet, and they should allow use of non-custodial open source wallets that are widely available today. Market is not showing much action after this news and I don't know if this could be just one big volcano getting ready to explode. I do believe that this will have that exponential value for sure. The more nations that does this, the easier it will get for others to do it as well. Going from 0 to 1 was harder, as we can see 1 to 2 was easier, and I guarantee you that going from 10 to 12 will be even easier and 50 to 60 will be much simpler. We just need to wait, give it some time and we will see more and more nations join in eventually and that will be great for us. Absolutely. It's all about game theory and competitive advantage. Coming fourth or fifth adopting bitcoin is a move so much more intelligent than adopting when many more countries already have. from this ledger I see that there will be strong shocks in the bitcoin market in the future and of course the bitcoin market will show itself as a bullrun chart in the future. for now the market is still tilted down and not up, is there any ledger in africa that is still in the process of approval from various cabinets or has started issuing orders to adopt bitcoin to african citizens at this time. |
|
|
|
I find this to be stupid. They're looking for similarities in the corrective move, ignoring the fact that there weren't many similarities in previous bull runs and this one, starting with the fact that in 2013 btc went 10x, in 2017 and early 2018 it went up 20x and this time in it's worst performing bull market in history, it only made 3.5x.
Their defense is that they're trying to make people aware of what can happen, but they're actually getting lost in the same pattern that last year, in the bull market, made them believe that Bitcoin has to reach between 80k and 100k, with some claiming 150k would be the top.
What do you think? Is "another leg down" starting to get old?
what they show is a simple analysis based on very significant chart movements, but from the various analyzes applied by real traders, it is solely for profit not just waiting for prices to rise for reasons every year. I believe that the creators are only after adsense and their assets are just a gimmick. the pattern presented by the analysis is only an issue that makes traders flock to buy bitcoin, it turns out that this issue has no effect at all in real trading. many analyzes reveal that bitcoin will break new ATH and claim that bitcoin will break $100k, but to me that is just a false hope and its hard to break that price any time soon. |
|
|
|
I don't know what is the basis of this predictions from the so-called experts but anyone can predict and share his opinion since no one knows what will happen in the next 3 years what if more countries will make bitcoin as legal tender? The next cycle of bull market will possibly another history, 100k is inevitable in my opinion.
I myself also don't believe bitcoin can break 1 million dollars in 2025 because experts previously predicted bitcoin by the end of 2021 could break $100k, apparently this prediction failed and the price of bitcoin fell to $30k. I hold the concept that bitcoin is volatile even though we have to wait in 2025, bitcoin is still experiencing a sharp correction like in previous years after breaking through its new ATH. |
|
|
|
|
Show Posts
