What's next for bit coin ?

[bitcoin31]

Better if you buy more bitcoin now and you will earn a lot of profit. But in reality we don't know what is the next of the bitcoin if the price are going to down or to pump depends to us because we are buying and selling bitcoin.

[boakyei]

Bitcoins price is uncertain and the current market doesn't guarantee investing with all your capital on bitcoins. Until the bearish stops there isn't any hope for bitcoins. Bitcoins can be trading around 2000 USD by the end of the year if the same trends continues.

[shayshaylaboogie]

the prices are not everything in here, maybe we all need some more time until we can declare that bitcoin is not good, but in my opinion, everything is more than good now

[hahay]

Better if you buy more bitcoin now and you will earn a lot of profit. But in reality we don't know what is the next of the bitcoin if the price are goingto down or to pump depends to us.

There will be a need to more good news and acceptance by many countries before it pumps again. Like what happened last year, today there are things that considered in crypto that makes it complicated to pump.

Losing a lot of confidence in the crypto market will make it even harder to pump again in the near future. But if the ETF goes back well, I'm sure the market will recover soon. I have also read several articles that say this decline was due to something like that. There is no need to rush to buy for situations like this, because I personally believe prices will still go down again, if buying too fast it will only make you panic and worry, so wait until there is good news someday.

[St4yInTh3D4rk]

Actual condition of bitcoin price is little bit worse because the prices were falling everyday by a bit,but it seems like we didn't hit the bottom yet since we are waiting for the approval of ETF from CBOE but I read somewhere that CBOE also going to reject the ETF application which may cause more price fall to the bitcoin.

[nl247]

Better if you buy more bitcoin now and you will earn a lot of profit. But in reality we don't know what is the next of the bitcoin if the price are going to down or to pump depends to us because we are buying and selling bitcoin.

For those who may be going long and would not bother if the market get to tank further and just hold on tight may do so at this price as it is not a bad bargain anyway. However, there is every possibility that the market could still go lower as it is until further notice. No one knows how the market will be playing out eventually but what we know is that for those who are picking the bottom and more bottom will always reap the best benefit in the long run anyway, and isn't that what counts?

[gamalzour]

I don't think it comes down to ETF. I think it comes down to whether or not there is a major bull run ('moon') in December. If there isn't, then I expect confidence in Bitcoin to reduce dramatically. The price might then reduce to closer to the fundamental value of Bitcoin, which I suspect is a lot less than what it is selling for now.

Yeah right. those who are trying to recover or wanted to lessen their loses are now cashing out, not really sure what would be the next pattern
to follow in order to gain something inside the volatile market like this, if you are a believer then buying is very essential but if you are just
riding with it better to wait for some time.

I'm not sure that anything like all of those who were avoiding losses are cashing out. I think there is a significant population of hodlers, even among those who bought in at a higher value and are currently in the red.

Yes there are still a lot of people who are currently holding their coins when the market price is dumping because they are well knowledgeable about the market and they know that it will grow even more in the future.

They are wise enough to think like that because all we need at this stage and to go out of these situations is to buy more and to hold tightly that will enable the market price to activate and follow the increase trend. As long as we are selling in low market the price of Bitcoin will fall again and will not encourage or activate it to go high so follow the solution for it and invest more.

[gabmen]

I don't think it comes down to ETF. I think it comes down to whether or not there is a major bull run ('moon') in December. If there isn't, then I expect confidence in Bitcoin to reduce dramatically. The price might then reduce to closer to the fundamental value of Bitcoin, which I suspect is a lot less than what it is selling for now.

Yeah right. those who are trying to recover or wanted to lessen their loses are now cashing out, not really sure what would be the next pattern
to follow in order to gain something inside the volatile market like this, if you are a believer then buying is very essential but if you are just
riding with it better to wait for some time.

I'm not sure that anything like all of those who were avoiding losses are cashing out. I think there is a significant population of hodlers, even among those who bought in at a higher value and are currently in the red.

Yes there are still a lot of people who are currently holding their coins when the market price is dumping because they are well knowledgeable about the market and they know that it will grow even more in the future.

They are wise enough to think like that because all we need at this stage and to go out of these situations is to buy more and to hold tightly that will enable the market price to activate and follow the increase trend. As long as we are selling in low market the price of Bitcoin will fall again and will not encourage or activate it to go high so follow the solution for it and invest more.

Well in general, the market's situation right isn't one to make you think about profit. I mean, yeah it's acceptable to think about minimizing your losses, but why minimize your loss when you have a chance to gain simply by continuing what you've done for most of the year which is to hold tight?

[nyerok]

I think the price of bitcoin it will up and down. But we still don't know. And if the price is down don't be panic just hold it until the price is up and already make a profit

[zxcv cool]

So far it looks like it's going to keep going down, and there's a big difference between this bear market and the previous one, and this is a bear market of its own choosing.

[DMCR lah]

I really agree with what you say, back off to get a very far leap. maybe now the price of bitcoin is cheap but in the next few months maybe we will see the price of bitcoin will jump very high.