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Author Topic: From Sideways to Downhill  (Read 700 times)
kawetsriyanto
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July 05, 2022, 11:55:33 PM
 #101

Now we are once again on a sideways situation where price do able to held up and playing around 20-21k price as of this moment.There's no any signs of being bull or bear run but i wont really be surprised if ever the price will be going down even further but it does have a strong support on 17k area but we know that nothing is assured until we do able to get out with these levels.
The current Bitcoin price range is $18k - $21k, we are experiencing this sideways for several weeks. Yes, it is not clear whether Bitcoin to increase or drop more after this sideways. However, since we are in the bearish season, I assume we probably see more dumps once this sideways ends. I don't see any strong signs for Bitcoin price to increase again significantly. Instead, we have more bad issues that seem to lead Bitcoin to the upcoming dumps. So, I think in the next dumps, $17k may be passed. The Bitcoin price range in the next sideways may be $15k - $18k. IMO


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BuNga_cute
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July 06, 2022, 02:35:22 AM
 #102

Keeping a positive approach while you are into this kind of industry will allow you to develop good and useful mindsets, there are sways that might affect your trading position and a need of adjustment that will let you continue to be compensated, but not all can do things like this and possibilities of losing a trade is not impossible, but coping and moving forward is the best thing to take the challenge..
It is certainly something that will decide on the future of your profits as well. If you know what you are doing right now, then you would be easily making profit later on. People who could turn a profit during a bear period would find the bull period very easy. This is why I personally feel like it's easy to go over this bear period?

I just buy as much as I can, and I hold it as much as I can, and then I turn a profit from it when the time comes. Yes, it's not easy, and yes it takes time but at the same time we are talking about something simple here, just buy and hold. This is why it's quite easy to "survive" this period, and then make a profit later.

If we understand the crypto world well, of course we will always find a way to make a profit. Even in a bear market situation we don't need
to panic, because if we understand how the crypto market works, we only need to buy coins that we consider potential according to our
respective financial capabilities. After that we only need to hold the coins until the market recovers, everything will be easy for us to do as long as
we believe in the future of the coins we will buy, so there is encouragement and motivation in us to continue to do what we think is right.
So far, I have succeeded in generating satisfactory profits from crypto. Therefore, a very drastic market decline did not make me give up and
I can always survive in the crypto market in any situation. Because I never stop learning about the crypto world, so I know what I have to do
to survive and make a profit in the crypto world.

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Hamphser
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July 06, 2022, 11:58:42 PM
 #103

Now we are once again on a sideways situation where price do able to held up and playing around 20-21k price as of this moment.There's no any signs of being bull or bear run but i wont really be surprised if ever the price will be going down even further but it does have a strong support on 17k area but we know that nothing is assured until we do able to get out with these levels.
The current Bitcoin price range is $18k - $21k, we are experiencing this sideways for several weeks. Yes, it is not clear whether Bitcoin to increase or drop more after this sideways. However, since we are in the bearish season, I assume we probably see more dumps once this sideways ends. I don't see any strong signs for Bitcoin price to increase again significantly. Instead, we have more bad issues that seem to lead Bitcoin to the upcoming dumps. So, I think in the next dumps, $17k may be passed. The Bitcoin price range in the next sideways may be $15k - $18k. IMO


When you are doing scalping then it would really be still a considerable movement for you to make profits and even on swing trading yet small percentage gains would already suffice.
For people who do aim for long term then this is something that wont really be stressing them out. Just on looking on what the market moves and behaves and pertaining about possible bottom
then this is where they do make out some significant decisions in regarding on buying movement.

Sideways to Downhill is something a situation to be that common into this market and it do happen for thousand of times into this crypto space.Get used yourself to it because market
is unpredictable since from the start.There's no way that we could determine on when it would start on moving.

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gunhell16
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July 07, 2022, 01:12:18 AM
 #104

Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?

From this moment, the price of Bitcoin is moving between 19k$-21k$, as long as you have the capacity to buy it, you must do it now then hold. Here try to check and review this link
https://bitcointalk.org/index.php?topic=5405246.msg60520337#msg60520337 you can see the history of Bitcoin value since it was started up to the present time now where as time goes by the price always increased in the market even it got dumped the price still the goes up.


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July 07, 2022, 08:22:29 PM
 #105

This could go far down even below $20k, nobody knows what happens next. After the crypto market losses $100b it immediately drops $25k level and currently Btc continued to fall down as it's currently trading at $23,700+.
Please replace that " now what" type of mindset coz this the "this is it" situation. This is what the crypto enthusiast is looking for. A good entry point.
Right now, bitcoin has already hit $21k but that won't guarantee that bitcoin will continue to surge and skyrocket. As the bear market continues and still very visible, then bitcoin will always be affected and will eventually drop its price again to a much lower value. While others have already doubted the potentials of bitcoin and expect that its price is hardly to recover, strong hands too are now seizing the opportunities to accumulate a lot of bitcoin while the price is still having a big crash.

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July 07, 2022, 08:32:31 PM
 #106

This could go far down even below $20k, nobody knows what happens next. After the crypto market losses $100b it immediately drops $25k level and currently Btc continued to fall down as it's currently trading at $23,700+.
Please replace that " now what" type of mindset coz this the "this is it" situation. This is what the crypto enthusiast is looking for. A good entry point.
Right now, bitcoin has already hit $21k but that won't guarantee that bitcoin will continue to surge and skyrocket. As the bear market continues and still very visible, then bitcoin will always be affected and will eventually drop its price again to a much lower value. While others have already doubted the potentials of bitcoin and expect that its price is hardly to recover, strong hands too are now seizing the opportunities to accumulate a lot of bitcoin while the price is still having a big crash.

Strong hands are into shopping by now, they fully understand how this kind of opportunities will give them good benefits when the bull market starts to pump up. There are many instances that weak holders fell from this kind of situation thinking that it's already doomed and
selling into panic, they lost their patience and their money as well.

Better to have a good strategy before you take your side during these heavy days inside the market, adjusting and having
enough patience. That's what investors need to survive.

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