It's not the end, $60k again

[BuNga_cute]

I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.

There will always be haters and shorters who will come here and write about how bitcoin did all the best it could and from now on it will crash. I had those type of people a million times when the price crashed from 20k to 3k back in the day, I kept telling them how it is getting to 20k for months and how it was increasing and kept talking about it while it was happening and they kept saying that it was a "ponzi" (which shows how they do not even know about bitcoin) and eventually the price crashed to 3k as we all know and all the while it was dropping they kept saying "I told you it was a ponzi" constantly, now it peaked at 64k...

Basically there will always be people who are ignorant to capabilities of bitcoin and we should not be really worried about them, they will be there to annoy us and will not leave even if we want to, we just need to focus on the truth.

It's true that Bitcoin haters will always be there, because we can't make everyone like Bitcoin. So these Bitcoin haters will be more active when
the price of Bitcoin falls very deep as you have explained. Therefore, if we worry too much about it, we just lose focus from our real goal of
investing in Bitcoin. Ignore people who don't want to admit that Bitcoin does have many benefits and has a bright future. When the price of Bitcoin
drops we don't need to panic and be influenced by the FUD that is widely circulated, but it's better to focus on holding Bitcoin that we have,
people who are patient holding Bitcoin have proven several times to get big profits from Bitcoin.

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[cryptomaniac_xxx]

It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.

Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher.

That's definitely normal, bitcoin cannot just pump all the time, it also need to correct a bit as we have short term traders will to dump their bitcoin when they sees some profit, but in overall movement, you just have to be positive as eventually it will break $50k and over again.

Right, even traditional markets did find itself having a correction from time to time because a parabolic growth is not sustainable overtime. $50k is very near in my opinion, after this correction, we might see the price pumping up to $50k. The thing is that it should happen this month, so that by the last quarter, we will see another super rally to $60k or a new all time high. I could only hope that we will see a massive pump similar to last year.

[rahmatrf331]

Seeing the development of the bitcoin market in recent days makes investors even more worried, this should be a good sign and the price of Bitcoin can be rise even higher. I'm sure Bitcoin will hit $65,000 by the end of this quarter, so don't panic to sell Bitcoin. If we want buying Bitcoin now, it's actually not a problem, but it's more unwise to buy Bitcoin when the Bitcoin price is high.

[STT]

I know we're within trend and even above 2 day average so with momentum but I still wait for a pullback near term or a proof of achieving a higher mark then recent range



So 49788 is recent high, a close above that on a 4hr bar will do alot to convince me otherwise but I think we need some measure of a pullback though its hard to say the magnitude of how that will occur.   We're into the Japan open or Asia trading hours open I guess more widely which allows larger main market trades from all over the world, plenty of opportunity for bearish bets and its not registering down yet so I can easily be wrong yet I think best caution advised.

[Hughes_Ryan]

Seeing the development of the bitcoin market in recent days makes investors even more worried, this should be a good sign and the price of Bitcoin can be rise even higher. I'm sure Bitcoin will hit $65,000 by the end of this quarter, so don't panic to sell Bitcoin. If we want buying Bitcoin now, it's actually not a problem, but it's more unwise to buy Bitcoin when the Bitcoin price is high.

Yeah. We have finally passed the top of $50k, with 33 days of continuous correction in a bullish direction for the market since 20.7 bitcoin has returned to the ideal level for August. Compare gains during the 2013 halving and 2017 then this year we have many possibilities with even better opportunities. The cash flow of institutional investors is rushing back. This is a good signal for us to return to ATH even higher at 72k$. I guess phase 2 bullrun in bitcoin has begun.

[Ngemmeng]

Seeing the development of the bitcoin market in recent days makes investors even more worried, this should be a good sign and the price of Bitcoin can be rise even higher. I'm sure Bitcoin will hit $65,000 by the end of this quarter, so don't panic to sell Bitcoin. If we want buying Bitcoin now, it's actually not a problem, but it's more unwise to buy Bitcoin when the Bitcoin price is high.

you should buy bitcoin when the bitcoin price is still low because the risk received is also low. although bitcoin is experiencing a positive trend but buying bitcoin at this time is quite high risk because currently the price of bitcoin is very high and is approaching ATH.

[elisabetheva]

Seeing the development of the bitcoin market in recent days makes investors even more worried, this should be a good sign and the price of Bitcoin can be rise even higher. I'm sure Bitcoin will hit $65,000 by the end of this quarter, so don't panic to sell Bitcoin. If we want buying Bitcoin now, it's actually not a problem, but it's more unwise to buy Bitcoin when the Bitcoin price is high.

The fear of a decline is certainly natural but those who understand the nature of bitcoin it will be easy to read that bitcoin will do the same from time to time. So if there is a correction, it is certain that there will be an increase in the future.

If you believe that bitcoin will reach $65K, I actually expect it to be more than that for bitcoin at the end of this year, because based on experience in 2013 and 2017 alone, the difference in increase is quite high, so fantastic prices can occur.

you should buy bitcoin when the bitcoin price is still low because the risk received is also low. although bitcoin is experiencing a positive trend but buying bitcoin at this time is quite high risk because currently the price of bitcoin is very high and is approaching ATH.

bitcoin has different characteristics from altcoins, bitcoin whenever we buy of course there will be an increase that is more than the price we buy, but indeed to reach the maximum price of course what you say can be used, but not an obligation because there will always be renewable ATH on time .

[ziyaaa]

I think that this is one of the great times to make an investment into Bitcoin or a top altcoin. The market is not in a very good condition and we call it as a recession period. After some time, I expect the market to start rising again like it did not long time ago. This could be one of the golden opportunities to buy more. In the next bull run, everything will be great for people who invested before.

[Fakhrulenclix]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

I have the same view that in this year we will see the 100k figure and if that belief of course this is the right time to enter, but everything can happen it is just speculation and wishful thinking in the future which will not necessarily happen.

[ReiMomo]

After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?

I have the same view that in this year we will see the 100k figure and if that belief of course this is the right time to enter, but everything can happen it is just speculation and wishful thinking in the future which will not necessarily happen.

I am really confident on it reaching $60k to $65k by end of October followed by ATH in the beginning of December 2021. I just say seeing the market since 2016. Now a days, more number of new investors are into Bitcoin. Word of mouth spreading across and bringing in new youngsters inside crypto. Its greatly making a demand now a days and I feel that is one of the reasons Bitcoin being stable between $41k to $46k. This stabilization is a sign of bull run in near future. 

[MiF]

I’ve been through the 2017 cycle, ” expert says referencing the ‘crypto crash’ of 2017 that saw many major cryptocurrencies, including Bitcoin, lose major value. “I know that btc or altcoin are super volatile, like some days they can go down 80%.”,the price of btc is now above 40k$  and I think it will rise back to 50k$ to 60k$ few weeks from now so let us wait and saw how things change and don't get panic.

[Dave1]

I’ve been through the 2017 cycle, ” expert says referencing the ‘crypto crash’ of 2017 that saw many major cryptocurrencies, including Bitcoin, lose major value. “I know that btc or altcoin are super volatile, like some days they can go down 80%.”,the price of btc is now above 40k$  and I think it will rise back to 50k$ to 60k$ few weeks from now so let us wait and saw how things change and don't get panic.

2017 boom and the immediate crash in 2018 is a very different scenario, that time the final catalyst was the bitcoin futures (CBoE and CME), and we really don't know what it is, investors buy the news. But then the bear market comes along, the only thing constant here is it's volatility. News, FUDs are still going to be part of it, investors who have gain knowledge and experience should know how to react and not be just selling off their bitcoin and letting institutions buying them at a discount.