Another price rejection incoming

[safem]

Anybody can come up with any prediction of what will likely happen to crypto but that does not mean we should be bothered or scared about that.Everyone is just say one thing or the other on what they assume may likely be the outcome of crypto. The prediction may be true or not true. Absolute focus and attention on what profit crypto will bring should be a major concern of all crypto investors.We should not be disturbed by feud news that is spreading around about crypto. The truth is the price of crypto do go up and down. The of market boom is what we should watch out for.

[Teawhalee]

Anything is possible but as of now, I am doing the necsaey things so I wont be forced to be turn a long time holder. Not even at this time. Preparation is key to any success in life and that's what I always do.

[prof7bit]

Anything is possible but as of now, I am doing the necsaey things so I wont be forced to be turn a long time holder. Not even at this time. Preparation is key to any success in life and that's what I always do.

During quarantine, we have the opportunity to really study the news in the field of cryptocurrency and also in the financial sector. The world is changing right before our eyes and cryptocurrencies are becoming very important.

[mr_random]

You can´t expect new bull run when people live in a fear of disaster. Corona virus is a real problem that could cause a collapse of financial system, so give me one reason why people should buy Bitcoin in these hard times.

Let me answer this thesis-question. Digitalization will lead to the popularity of cryptocurrencies and there is no other alternative except BTC for reaching financial equality. There have been harder times than today's pandemic called Coronavirus but the financial markets are a bubble that pops in the seconds after the mainstream news. This is how capitalism works.

[btc_angela]

It seems the virus have stop affecting crypto market but the virus keeps killing more people everyday, or maybe people have already stop worrying or panic anymore

We can't really say that it has stop affecting crypto. The market is really on a wild swing in the last 3 days, so it might possibility still putting some investors into a sell-off mode. I guess if we have prepared ourselves from the beginning of this week, we shouldn't panic, stay indoors so that the chance of being infected is slim. And just continue to invest or trade at home, just saying.

[bitgolden]

I just came across this news today that Bitcoin could revisit 3000$ said the guy who first predicted Bitcoin crash to 3k, I wonder what this is all about, I refuse to accept that this is another Coronavirus punishment on the market, if you are holding top altcoins you should be ready

Obviously when things go too high it will be going down a bit more to get regrouped, that is how things happen here. We call it correction, nothing gets too high without dropping a bit later on. Bitcoin moved to literally 6.8k as high as I have seen, don't know if it was higher anywhere, which is why it is normal that it is under 6k now, I do not understand what others were expecting, that is literally all we can hope for. Now at least we know that bulls are back in charge and they are trying their best, that is how we go up, we get bulls on charge.

Hopefully, it will continue for a little bit more while and we will continue, if not and we start to go down from here it will hurt thousands of people that will not or can not go back in and that is when we start to screw up.

[Mulann2]

i think even if it will reverse it won't be that low as before, because as it is now btc is struggling to keep price up, it goes up and then down but some how the price will still be okey in my opinion, btc is strong and can resist a lot, so i expect it to recover soon.

[JCviggen]

i think even if it will reverse it won't be that low as before, because as it is now btc is struggling to keep price up, it goes up and then down but some how the price will still be okey in my opinion, btc is strong and can resist a lot, so i expect it to recover soon.

I also think that in the next month or 2 we will see the return of bitcoin to a price of 10 thousand dollars. I am sure that such a strong dump as we saw will no longer be repeated because it was committed to create panic before growth

[Slow death]

I just came across this news today that Bitcoin could revisit 3000$ said the guy who first predicted Bitcoin crash to 3k

do not believe in the forecasts that these people make, if you take the time and research the price forecasts of the last 4 months that these analysts made you will see that whenever they say something the opposite happens

I refuse to accept that this is another Coronavirus punishment on the market

coronavirus is already causing a major disaster in the world, we have to keep an eye on the impact it will have on bitcoin

if you are holding top altcoins you should be ready

holding altcoin has become a great test of patience

[jostorres]

Considering we had two in a row now, I think that was it, I doubt it will be thrice in a row because that would be really requiring a lot of bitcoin to be sold and that might literally be people who bought that sells this in the recent week instead of people who had it long time ago.

When you drop from a level you also break some stop loss and you drop even further with just one sell because it triggers more and more, however when you are going up there is usually a point where people sell and get out, that happens once, if it happens twice that means its different people, when it happens yet again that looks like it will be the same people doing it over and over again, I doubt that would be the case this time around, I can get it when it happens above 10k but here it would be weird.