FUDs be damned - BTC moving up again

[sunsilk]

You cannot ignore those FUDs, they'll eventually come and will affect bitcoin's price. But you shouldn't worry with them, just as what bitcoin has shown.

Bitcoin will recover as much as it has been affected by such FUDs.

With or without the Fud and Fudsters, Btc will always comes down for correction whenever It made a bullrun.
Though FUD can affect the market, but it will be entirely different this year and it seems that no Fud would affect the rallying Btc market currently, because of the influence coming from big names and companies who were buying Bitcoin. So, to make things short, Btc will rally back to $50,000 and beyond.

There were FUDs that had brought effect to the market and that's why they're still going to give caution and worry to those that think about it. If that's coming from a big name, people would rush to believe it and will sell no matter what their plan is.

Most of those that will be affected are the ones that are new to the market. They're not used to it and that's why they're likely to be very affected with these FUDs.

[magneto]

I don't think that trying to be rational in a market like this should be constituted as FUD. Except, of course, if one is making completely bogus arguments.

Markets are FOMOing hard still, especially with institutional investors who are not trying to cash in on the crypto boom.

I would be very cautious in terms of speculating at this stage of the bull market. Prices have the capacity to go up further (and probably will, given the historical returns of BTC in bullish environments), but the downside risk far outweighs the upside potential at this stage. Stay off leverage/margin and only DCA what you can afford imho, even after the recent recovery.

[arufox]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

If for trade, I think is scare to join in market. Bitcoin movement not fully increase, we can see another dump today or tomorrow if Bitcoin breakdown the support. But if for the long term, buy now, or tomorrow is not truly effect

[Harlot]

I think many have in mind that reaching $50k is the best option to sell, the news, the comments, some analysts say that the price will go back down to $40k- $42k, but although it is very possible, it can give a pullback and reach $60k as the first goal, this scenario is very likely considering the incredible FUD, millionaires want more bitcoin, therefore they take advantage of the FUD to buy little by little, it is a great business to buy at $40k to make a profit in $60k is not bad at all.

If we review the trading volume it is merely for sale, which means that there is a lot of supply, when the offer is removed, the remaining path is bullish.

There might be a very few people now looking at Bitcoin thinking that it is a cheap price considering on where it is standing now. The last rally was brought by Elon Musk and Tesla making it a public knowledge that they are investing more than a billion dollars worth of cash reserve into Bitcoin and it triggered FOMO and overall market confidence for existing and new investors, now we have seen Bitcoin fall down ever since then meaning that the hype brought by Elon Musk died down already and not unless we have another FOMO similar to that I don't think we will reach new heights.

[Fakhrulenclix]

If for trade, I think is scare to join in market. Bitcoin movement not fully increase, we can see another dump today or tomorrow if Bitcoin breakdown the support. But if for the long term, buy now, or tomorrow is not truly effect

Looks like we're heading back down just as I predicted by proven math.

I think I will agree with this, I see a downtrend of Bitcoin will coming, yes i hope Bitcoin can survive and we will see another pump but..., So let's wait for what will happen, and always prepare funds to buy more if the bad scenario happens

[LUCKMCFLY]

I think many have in mind that reaching $50k is the best option to sell, the news, the comments, some analysts say that the price will go back down to $40k- $42k, but although it is very possible, it can give a pullback and reach $60k as the first goal, this scenario is very likely considering the incredible FUD, millionaires want more bitcoin, therefore they take advantage of the FUD to buy little by little, it is a great business to buy at $40k to make a profit in $60k is not bad at all.

If we review the trading volume it is merely for sale, which means that there is a lot of supply, when the offer is removed, the remaining path is bullish.

There might be a very few people now looking at Bitcoin thinking that it is a cheap price considering on where it is standing now. The last rally was brought by Elon Musk and Tesla making it a public knowledge that they are investing more than a billion dollars worth of cash reserve into Bitcoin and it triggered FOMO and overall market confidence for existing and new investors, now we have seen Bitcoin fall down ever since then meaning that the hype brought by Elon Musk died down already and not unless we have another FOMO similar to that I don't think we will reach new heights.

Well you're right, what happens is that Elon Musk moves a lot of people, with respect to what you say, I just saw in cointelegraph that one of his stars O'Leary after he said a while ago that "Bitcoin was like a hamburger empty giant "and will currently invest 3% of its wallet in Bitcoin, 'Shark Tank' star changes tune on Bitcoin, will allocate 3% of his portfolio will it be really relevant and cause a sensation? ´Shark Tank´ has many followers, fans, something can be achieved, as long as everything that is in favor of Bitcoin is something good and helps.

[Hippocrypto]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

No it won't fall for us, but when the sky will shower us with blessing that's an awesome scenario that we're looking forward to have. Ignore FUD and negative statements, they're just going to fade just like colors and bitcoin will continue to grow and influence the whole world because of its promising value today. Let's welcome another waves to come and embrace every opportunity that we could get.

[mich]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

Im watching the price this evening and it keeps getting so close to the magic number 50k price point. 

Price per coin is up about 3% in the last 24 hours alone so maybe we see a little Bull run here.

[pooya87]

FUD, panic sells, panic buys and all kinds of weird things you see on the internet has always been an inseparable part of bitcoin world. It is a small world and is usually filled with naive people who believe anything they read online just because someone is saying it with confidence. Then they end up losing money!

The worst part is that people don't seem to want to learn from their mistakes either. As they say, "fool me once shame on you, fool me twice shame on me". They've been fooling people for over a decade now and they keep falling for it.
Soon we'll be looking back at these days from half a million dollar price just to see the same thing repeated when they say $600k is bubble and should go down to $500k again.

[thecodebear]

$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?

[Kelvinid]

$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?

I have noticed that in every price correction there will have a strong spike on the market. I couldn't think it was the FUD's helping people to be more aggressive in buying back or the FOMOeng is really making the possible.  

Maybe we get next correction at $80k?

Yep, maybe. But that was close to possibility than overly thinking about $100k within this year.
$100k is really high, I can't tell if people will still have the courage to take the risk or just to find another form of investment.  

[Ridwan Fauzi]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

If you get used to with crypto currency price movement especially bitcoin then you will already know which information that can lead to the trully FUD or an information that can only make many people afraid and force to sell their investment place.

I found many times the information like that and until I've known how to deal with that situation so as I can still comfortable with my decision (hold or sell). There will be some people who want bitcoin price drop so as they can buy as much as they can, also bitcoin still have many enemies especially from old investment place, so as they will make several negative statement to affect many people.

[milewilda]

I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

If you get used to with crypto currency price movement especially bitcoin then you will already know which information that can lead to the trully FUD or an information that can only make many people afraid and force to sell their investment place.

I found many times the information like that and until I've known how to deal with that situation so as I can still comfortable with my decision (hold or sell). There will be some people who want bitcoin price drop so as they can buy as much as they can, also bitcoin still have many enemies especially from old investment place, so as they will make several negative statement to affect many people.

Situations like these arent something new that you can see on this market.It commonly happens when the market is on extreme bullish situation where FUD's would
always be on next in line which it is somehow obvious already when everything is enjoying the profits and then suddenly some negative news do pops out from nowhere
which do really tend out to drive the market to go down.Its on that manipulative manner but this isnt forex/stocks which is really very strict when it comes to those
circumstances where manipulators could really be sued and be punished out but for this anonymous market then it isnt really something that can be handled.

[goaldigger]

$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?

We’ve seen this kind of trend before and we can’t be so sure that Bitcoin finally recovers from a potential bear because the volume is still not that high. FUDs are normal, they create this one to correct the price of Bitcoin but if there’s a strong demand then that FUD will turn to FOMO and people might be more in hurry to buy Bitcoin. If we stay above $50k this month, then that can be a good sign of a strong bull.

[Yamifoud]

$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?

We’ve seen this kind of trend before and we can’t be so sure that Bitcoin finally recovers from a potential bear because the volume is still not that high. FUDs are normal, they create this one to correct the price of Bitcoin but if there’s a strong demand then that FUD will turn to FOMO and people might be more in hurry to buy Bitcoin. If we stay above $50k this month, then that can be a good sign of a strong bull.

FUD's have no effect this time, people are now learning from the past and ignore those things. Which unlike before, dumps are unbeatable, everytime we heard about the fakes news, dumps will follow but that was it looks different now. This will be served as an indication that we no longer getting back to the doom.
But still, we can't decline market correction as it is normally happening around.
I expect more pumps, though.

[justdimin]

$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?

Correction is going down, recovery is going up, so if we go to 80k that would be called recovery. I believe we are done with the correction, we are already over 50k and that is proof that we are not going any further down, that is why I believe there is some sort of bottom right now that we won't go under, but that doesn't mean that we will go higher neither, could we be 80k? We definitely can reach to those levels, could we be 30k?

I do not think so. Which means we are in a situation where we will make a profit, but we will not lose money and the only question we are facing right now is how much profit will we make and that is a good problem to have. Maybe we will not be 80k, maybe we will max at 70k and not go above for a long time, who knows? But, that is still a profit and that is why I am fine with investing into bitcoin right now and some other coins as well.

[michellee]

Bitcoin price now is back to $49k, so I think the correction will come again. But if you see at the chart, the chance for the price to increase back will still be there, and I guess that this correction will end soon, and the price will start another rally. Hopefully, after these hours, we will see the price start increase, and we can get back to profit again. But still, be careful with the correction because the correction can happen again without us know when the time comes.

[arufox]

Today is March 5, and i see Bitcoin still at a stagnant price, it's different like last month that the price of Bitcoin increased so fast and make profits to many people, The fact is this month is not as good as last month, I have a lot of coins stuck in high price and still not recover, if Bitcoin stagnant like this, will take a long time to recover

[MCobian]

If I look at Bitcoin moving between $ 44k to $ 51K in recent weeks, I can see that the Bitcoin price is quite stable. But we can use the volatile
price of Bitcoin to make profit with day trading. Regarding the problem of FUD there will always coming to be able to drop the price of Bitcoin,
but because Bitcoin fundamentals are very strong. So if the Bitcoin price falls, it won't go too deep and it can recover quickly.

[pooya87]

But we can use the volatile price of Bitcoin to make profit with day trading.

I believe this is why $50k is proving to be another strong resistance and is proving to be hard to break. The day traders are filling the market while abandoning the altcoin market and that creates a lot of sell pressure in bitcoin. That and the fact that $50k is yet another round number that is acting as a psychological resistance!