Another decline of BTC expected

[star7dust]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

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[fortunecrypto]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

Suddenly people are in panic about Bitcoin's dip when it is recovering after the dip, we cannot just create FUDS every time it goes down, this is a highly volatile market always expect the unexpected I'm buying more but I'm not buying that article's story line.

[jackg]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

Suddenly people are in panic about Bitcoin's dip when it is recovering after the dip, we cannot just create FUDS every time it goes down, this is a highly volatile market always expect the unexpected I'm buying more but I'm not buying that article's story line.

Exactly. If you think $1500 is a big move in this space when we've moved from $4000 to $10300 in just a few months then maybe you need to reflect on that or realise this market isn't one you should be in at this time...

[In the silence]

It is possibly true but halving is just 3 months away so expect FOMO begin to hype the bitcoin community again.
That article maybe creating fud to lower the price more.

[bkbirge]

All the volatility means that BTC hasn't reached mass adoption yet. It has a long rise ahead of it in my opinion.

[cabron]

The indicators pointing down trend still in the coming days, there is no signs for it to go up but it could just keep the price near $9K until the market begins to build up the again. You may be disappointed to see no breakouts to $10500 resistance but it may just change next month or so. I wouldn't think of buying right now but waiting for another dips could be a chance.

[mindrust]

Can't say it is impossible but it is not something to be feared of. (as long as 200 W DMA holds) This is not going below $6k. If it does, now you can panic as much as you like because it is probably going to $1k if it happens as Tone Vays says. (I think he is full of shit and making too many wrong predictions  lately which makes me think if he is doing it on purpose)

[Oilacris]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

I already expect for these sentiments to come out for those people who do believe much on increasing runs without even thinking on price corrections.We've been rallying for months now and even reaching almost 11k

in price without stop? Its impossible for a market to go up all the way without minding for some correction.People do usually got panicked when the price settled down with few percentage without looking back on how
much percentage we have risen. Im not really into technicals yet this time would be good on buying some cheap coins.

[The Sceptical Chymist]

If you think $1500 is a big move in this space when we've moved from $4000 to $10300 in just a few months then maybe you need to reflect on that or realise this market isn't one you should be in at this time...

Ugh, yeah.  I assume you're talking about last year, and I think the rise was even more dramatic than that, as bitcoin started off 2019 at around $3200 and hit the year's high in the summer.

Anyway, I really don't expect bitcoin to keep falling and I think it's showing everyone that it's not doing that.  Yeah, there was a pretty steep slide but it seems to be bouncing back fairly quickly.  And I don't want a mega-bull run like we saw in 2017, because there would doubtless be much worse corrections/crashes if that happened.  Slow and steady with a bumpy ride, that's how bitcoin can maintain it's valuation.

[passwordnow]

Never sold anything during these scenarios, I'm not panicking and still good and kicking. 
There's no need to panic during these times and if you're still relax then you have been visioning the long term effect of bitcoin.

Exactly. If you think $1500 is a big move in this space when we've moved from $4000 to $10300 in just a few months then maybe you need to reflect on that or realise this market isn't one you should be in at this time...

You nailed it. There's no need to be in intense panic if we have seen the past.

[Hippocrypto]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

I won't sell my bitcoin at this moment while it still continue to decline. The good about this opportunity, I can buy back bitcoin at a cheaper price compared from the last bounce. Once it goes down, don't miss any chances but rather grow your holdings in order to acquire huge profit when another increase might commence in the near future.

[bitbunnny]

People just need to learn that volatility is normal part of Bitcoin functioning and that price can't always be in upward trend.
Currently we are facing corrections and it isn't impossibe that price goes even lower than 8800$ that aprox.is current price. However, there is no need for panic or selling your coins, the price will recover.

[Oasisman]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

I didn't bother to click and check on the link provided. But, what's good to do during the market declines, is to buy more Bitcoin, instead of selling it for a much cheaper price. Ones you're invested in crypto space, you should be capable of justifying yourself when to sell or buy. You don't want to invest blindly without setting a target price. If you haven't reach your realistic target, then there's no reason to panic sell when the market is declining.

[UnDerDoG81]

It Fall to 8.7k and no buying pressure. So it likely fall more. I hodl through.

[bassbity]

It Fall to 8.7k and no buying pressure. So it likely fall more. I hodl through.

It is likely to persist now that I have pressed the buy button to hold on for a long time hope is still there after halving has happened.
It's quite appropriate to hold from now on too and wait for the $ 9,000 target in the near future.

[Kemarit]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

Why the hell would I sell at this price? Doesn't make sense, on the contrary people should think of buying when there is blood in the street.

And just for the record though, crypto bleeding has somewhat stop, the price is now around $8700-$8800 which is a good buying point specially if you are to FOMO the block halving in May.

[exstasie]

It Fall to 8.7k and no buying pressure. So it likely fall more. I hodl through.

I would say the price action is indecisive. https://www.investopedia.com/terms/s/spinning-top.asp

We can see the daily continuing to close above the 200-day MA, and a big fat doji printed yesterday, so bulls are fighting back.



Like the circled example to the left, we may need to take another run at the lows first, maybe give this 20-week MA a proper tag:



People are getting very fearful but the chart doesn't look that bearish to me yet. I still expect a very bullish recovery in March.

[samcrypto]

I’m not that good in technical but we can easily say that bitcoin is dumping because of so many reasons. I’m not buying big yet because I’m waiting for the dip and of course I will not sell on panic. This is expected because of the negative events, and after hitting the peak this year. Let’s hope that this is just a correction and hoping that we will not go back to a bear market.

[El duderino_]

https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

Mainly HODLing it 

Trying to gain whenever and where I can ....

[eaLiTy]

Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?

The stock market has taken a huge dive globally and it is one of the worst corrections we had after the last financial crisis and the main reason that is said is the spread of corona virus to new countries and the companies will be having the affect because of the crisis and that is the case with the BTCitcoin in my opinion, the stock market was falling for the past few days and we had a huge correction in BTCitcoin too and the smart move is to invest when ever there is a correction.