Comeback for the bitcoin

[GrayFullbuster]

snip~ As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?.

It's quite difficult to choose investments, not because I don't see any opportunity in cryptocurrency, but also other investment products. This pandemic has brought profound changes, anything can happen, and the main priority for now is to focus on meeting needs until normal life returns. I am sure there will be a pump after halving, however, this is a very awaited moment, even though there is a long lag and may not be as high as the pump in the previous period. This is just a personal opinion, based on the present situation.

There are opportunities but it is hard to find, this crisis affects all of people all over the world.  We saw a lot of dumped and crashed all over the financial markets. The recent crashed in cryptocurrency market give us chance that we can make money even it is now bearish.  We shouls only be smart in order for us to see the opportunity around us.

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[UserU]

 $7,000 mah be a slight comeback but it is still beyond to what was the price it was stable before.

I'm hoping it would fall back between the lower-6K to mid-6K so I could enter.

[Sadlife]

Im also unexpecting the price will pump and reach new all time highs and this is not purely based in speculations considering the situation of the financial market and the effects of the global pandemic the economy will start to crumble as its barely holding on due to market stimulus and money printing.
Once the people loses confidence with the monetary system, we should expect a huge demand for Gold and BTC. So it's better to find a good hedge for this financial crisis.

[xenxen]

let we say not totally comeback because the price is still in 6k. maybe we could say if he reach 20k. back on 2017 I think he reach 50k right? and i hope he reach again soon.. so lets grab the opportunities to buy more in the cheapest price..

[Eugenar]

With this current situation, luckily the value of bitcoin still ranges to 6k - 7k USD, from a bigger deep which reaches 3.9k$ mamy investors and traders use this opporunity to make money for sure there are so many people who invest more, buy and sell bitcoin and there are also different reaction happens as well some also pull out their assets because of thinking that bitcoin may be dead, that is the typical reaction of people who do not believe well to the bitcoin. If you are too old with crypto world, you know that bitcoin goes down less than 3.9k but it bounces back again to bigger amount.

[traderethereum]

Bitcoin price still increases till now, and it's good to see that happens again, and maybe it is a good time for bitcoin to come back to the higher price. Soon, everything will change. People will have the opportunity to recover their loss. We can make more profit. But still, be careful because we cannot say that the comeback time has comes because the price still has a chance to get down. I already sell some bitcoin, but I wait for another down to buy bitcoin and make more profit later.

[Peanutswar]

Bitcoin price still increases till now, and it's good to see that happens again, and maybe it is a good time for bitcoin to come back to the higher price. Soon, everything will change. People will have the opportunity to recover their loss. We can make more profit. But still, be careful because we cannot say that the comeback time has comes because the price still has a chance to get down. I already sell some bitcoin, but I wait for another down to buy bitcoin and make more profit later.

The same thing I do with you from the previous weeks the market price of the bitcoin becomes stable and it is a good opportunity to hold my coins and after the bitcoin immediately rise into the 6.8k market price I sell it immediately and buy an altcoin and by that waiting to fall down the market price of the bitcoin again because it is now on 7.1k dollars and there is a chance it will fall back immediately and rise again to get more good amount of profit.

[btc78]

It's still difficult for anyone to predict what could happen around the halving. The coming 3 months are going to be decisive for the future of bitcoin. Bitcoin has improved but still not the way the users wanted it to. Whether it would be capable of gaining the interest of miners even after the halving is the larges query people have.

yeah and not only the 3 months but the next 3 from that.

this Pandemic may end before the end of 2nd quarter but the effect will surely stays even longer.
this can take down the effect of Halving for a while since the investors will surely wait for chance to re invest again and not that easy to decide.

[pooya87]

The same thing I do with you from the previous weeks the market price of the bitcoin becomes stable and it is a good opportunity to hold my coins and after the bitcoin immediately rise into the 6.8k market price I sell it immediately and buy an altcoin and by that waiting to fall down the market price of the bitcoin again because it is now on 7.1k dollars and there is a chance it will fall back immediately and rise again to get more good amount of profit.

you are putting a lot of faith in pure chance with no reason. that's the recipe for disaster when you are trading because what you are doing looks more like gambling rather than trading. such swings may not even happen or worse happen at very different prices like going to $8.5k then down to $7.5 which means if you sell at $7.1 you lose a lot of money.
you are also making another huge mistake: buying altcoin. specially when you say you buy it when bitcoin drops. everyone knows that whenever bitcoin drops altcoin drop harder.

[Oasisman]

It's still difficult for anyone to predict what could happen around the halving. The coming 3 months are going to be decisive for the future of bitcoin. Bitcoin has improved but still not the way the users wanted it to. Whether it would be capable of gaining the interest of miners even after the halving is the larges query people have.

yeah and not only the 3 months but the next 3 from that.

this Pandemic may end before the end of 2nd quarter but the effect will surely stays even longer.
this can take down the effect of Halving for a while since the investors will surely wait for chance to re invest again and not that easy to decide.

Look at the current Bitcoin price, I think that explains why it didn't fall under $4,000 because of how optimistic people are when it comes to the block halving speculations.
As we can see, the pandemic may have an effect in cryptocurrency, but It's not as destructive like what happened in the stock market (which obviously greatly affected in economic crisis). Bitcoin can still manage to make a bullrun amidst the crisis.

[Meowth05]

I would rather buy and invest because it has been evident that the current price dump will be reciprocated by a skyrocket of the price, plus the halving will surely impact the prices and when that time comes when we reach the peak, that's when I will sell it.

[lixer]

To be serious, a lot of people never knew this, they had the opportunity to invest in Bitcoin when the price decreased but they never did, instead they kept panicking and lost the opportunity. Of course I have invested in Bitcoin earlier at $6000 before the price reached $8000+ and dropped back during the pandemic.

Although I wasn’t able to get in when the price dropped to $3,850, I still bought 0.9 BTC around $4,600+ and added it to the ones I have stored in my wallet and now I’m making profit, the price is fairly above the rates I made my purchase. And this is not the end, as time goes on the price will keep going up.

[fiulpro]

That is exactly how it goes , the price falls down , then Bitcoins is sought after by people looking to invest in something and gaining profits fast , it goes up and they cash out .
These market volatility is because of people who are short term investors looking for long term profits .
It can create a nuisance after a while but at the end of the day they are playing by the rules and we long term holders can get benefitted from it , only if we keep a track of the situation .

[Soft Lies]

Expecting bullish trend in the cryptocurrency market while there is still crisis? Of course it is impossible because this crisis is not ordinary due to the death related problem, even though halving is near; I do not think that it can boost the price of the bitcoin too much. I expect only small movement because we are still in the crisis and the selling pressure in the market is still high.

You POOR, IGNORANT, FOOL....

You are not thinking at all, the ECONOMIC CRISIS will be much, much worse than the Corona Virus.   The economic crisis and depression will last for many years after Corona virus is gone   

Hard Facts

Yeah love your mixing of soft lies with hard facts.

If and when we have a solid world wide recession there is no reason to think BTC will be the worst of all the assets to be holding.

Sports teams and their stockholders worldwide are facing a huge FUD for a few years to com.
Airplane builders like Boeing are shitting the bed.
Theme parks
Movie theaters  all will suffer

Cruise ships good luck with that.

BTC and the world of crypto allows you to stay in your home which is looking like a good option right now.

So hard fact = many companies will suffer from this for at least a year or two.

Soft Lie = cryptocurrency  will suffer as much as the worse set of  companies.

[FanatMonet]

The fact that bitcoin has practically recovered after the fall is very good. But we do not know how the coronavirus will behave further; in some countries the peak has not yet been passed. Halving should help the price, but it still needs to wait.

[maxreish]

And that comeback will occur soon. Im sure of that. Though this isnt the comeback ($6800-$7000) but a slight recovery for bitcoin. Since we are still in the midst of crisis, maybe we will experience long recovery. Bitcoin halving is near approaching, if this will turn out well before halving, we can expect not just the comeback but the huge bull run after.

[Oceat]

 $7,000 mah be a slight comeback but it is still beyond to what was the price it was stable before.

I'm hoping it would fall back between the lower-6K to mid-6K so I could enter.

You had your chance already but it only happens once you should invest already when it was still at the $6,000 range even after it went $7,100 back to $6,700. You had your chance at that time and look what is the price now? You might regret your decision later if you keep doing that way because you don't know how to take chances.

Do you still think it would go down to mid or lower $6k after that? It might be but you are probably wasting too much time already when you finally realize it.

[BIT-BENDER]

It's important to note there is always going to be a come back for Bitcoin this is not the first time for that.
Investors where smart enough to take the advantage on a personal level I never saw Bitcoin dropping that much but now the rise would be continuous

[Utoy101]

While in the previous weeks and the month of the March the market price of the bitcoin form 8k dollars it immediately falls down into 3.8k dollars and many investors grab the opportunity on this to make more profit in the future because now it is recovering from the market and now many investors and analysis look forward to the price of the bitcoin because in just a single week it has a huge change and it is become stable on the price of 6.7k to 6.8k because of the previous investment there is 23.8 billion dollar increase to the price of the crypto.

To be honest, the next few months are going to be a bit tough and the entire cryptocurrency market will see a rough ride. The market was battling with a bit of a bear condition then the COVID19 pandemic came and make the price of bitcoin dump to almost half it's price. We might experience  downtrends even in the second quarter of the year but if the pandemic stops as soon as possible and the world start thriving again, we will see a stable market. However, even with the bearish condition and how difficult it is for any prediction to work, some traders are still making profits by just buying bitcoin and wait for it to fluctuate higher

[gundala]

To be serious, a lot of people never knew this, they had the opportunity to invest in Bitcoin when the price decreased but they never did, instead they kept panicking and lost the opportunity. Of course I have invested in Bitcoin earlier at $6000 before the price reached $8000+ and dropped back during the pandemic.
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It's not that they don't want to take a chance. For some people, this extreme price change is quite risky, even though the price is cheap, it will be cheaper. If you have a reserve fund, it is indeed the right choice to buy BTC. However, these low prices occur in the midst of a pandemic, some people choose to hold fiat as a priority to meet needs during this difficult time.