Bitcoin will never go below $50,000 again

[Natalim]

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By the way, it seems that soon it will be possible to search for authors of similar topics (about the levels of 50k, 40k, 30k) and ask "how are you?"   

The first two goals are met, but we can say that the third was very close to being achieved 
Surprisingly, many of my acquaintances were optimistic about this collapse and increased their positions, it turns out that the market sentiment is still bullish - which means that the danger of a subsequent collapse is very high. The market likes to punish risk and optimism.

For me, it's not bullish anymore as major dumps has been witness after it hit the ATH. Look, Bitcoin now is still struggling to him $50k, in fact it stays at $40k which is very low compared to its ATH, I think we are going to a bear market, of course it will not happen instantly.

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[Timelord2067]

The only thing threads like this prove is that investors can be caught out when the price slumps or crashes out completely.

The poll and thread are now acedemic, so it would be better if this thread was now locked and forgotten.

[KTChampions]

Natalim

Yes, if we take formal indicators, then the growth cycle has already ended, at the moment I am not sure about the bear market, but it is very likely.

Timelord2067

Such topics should never be forgotten as it clearly show us that investors can suffer from both pessimism (when they miss profits being afraid to invest or taking profits too early) and optimism (continuing to hold a position after it became clear that the trend has already changed).

[$crypto$]

For me, it's not bullish anymore as major dumps has been witness after it hit the ATH. Look, Bitcoin now is still struggling to him $50k, in fact it stays at $40k which is very low compared to its ATH, I think we are going to a bear market, of course it will not happen instantly.

Maybe it can be said that because we have passed the bullish market all the way, the bearish moment came, it really hurt me because it was so fast and instant bitcoin fell by a large few percent but the possibility of this bearishness will continue because the real market has ended after passing ATH. $ 60k more.
After paying attention to the market and correcting where technical analysis is needed it will still be history that repeats itself again bitcoin there are always good and bad times so maybe this started with a lot of FUD news and this is where I want to know how deep bitcoin is.

[yohananaomi]

For me, it's not bullish anymore as major dumps has been witness after it hit the ATH. Look, Bitcoin now is still struggling to him $50k, in fact it stays at $40k which is very low compared to its ATH, I think we are going to a bear market, of course it will not happen instantly.

Maybe it can be said that because we have passed the bullish market all the way, the bearish moment came, it really hurt me because it was so fast and instant bitcoin fell by a large few percent but the possibility of this bearishness will continue because the real market has ended after passing ATH. $ 60k more.
After paying attention to the market and correcting where technical analysis is needed it will still be history that repeats itself again bitcoin there are always good and bad times so maybe this started with a lot of FUD news and this is where I want to know how deep bitcoin is.

In fact, if you look at the trend when 2017 reached renewable ATH, it was only the following year from the beginning of 2018 that bitcoin experienced a continuous decline throughout the year. even until the next year without being able to make improvements to be able to increase again. but this is not the case at this time, because at the beginning of last year, bitcoin was not corrected, but experienced several ATH achievements.

I am more likely that this deep correction is due to the element of bad news that happened simultaneously by @elonmusk and the information being banned in China. whether this really affects, we also cannot conclude clearly but usually bad news will always have an impact on bitcoin, but then again if this is just bad news then bitcoin will be able to come back up again.

We will see in the next few days whether this is really bad news that created a decline or indeed the period of increase from bitcoin has ended. If you look at the past halving, the end of this year is the time for renewable ATH to happen, so there is still a chance and there is still a long way to go. hopefully there will be changes.

[Kemarit]

~
By the way, it seems that soon it will be possible to search for authors of similar topics (about the levels of 50k, 40k, 30k) and ask "how are you?"   

The first two goals are met, but we can say that the third was very close to being achieved 
Surprisingly, many of my acquaintances were optimistic about this collapse and increased their positions, it turns out that the market sentiment is still bullish - which means that the danger of a subsequent collapse is very high. The market likes to punish risk and optimism.

For me, it's not bullish anymore as major dumps has been witness after it hit the ATH. Look, Bitcoin now is still struggling to him $50k, in fact it stays at $40k which is very low compared to its ATH, I think we are going to a bear market, of course it will not happen instantly.

And it seems that traders are shorting BTC isn't it? Because they know that we are somewhat in the bearish trend, the price goes to $41,000 but not enough push and momentum to maintain and as I check the price is hovering in the $37,000. And just like that the market turns into red and bleeding again.

But we can still bounce back though, only one good news and we are back to bullish cycle again. So I would say that we can still get out of this bearish trend and get back to rally once more, we will see.

[KTChampions]

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And it seems that traders are shorting BTC isn't it? Because they know that we are somewhat in the bearish trend, the price goes to $41,000 but not enough push and momentum to maintain and as I check the price is hovering in the $37,000. And just like that the market turns into red and bleeding again.

But we can still bounce back though, only one good news and we are back to bullish cycle again. So I would say that we can still get out of this bearish trend and get back to rally once more, we will see.

In my opinion, most traders were catching a rebound after a drawdown, which allowed the bitcoin price to partially recover very quickly. Now they are fixing profit and the price is returning to low levels. It seems to me that we are still very far from the bottom and the price will continue to fall (in waves - fall-recovery and so on).

[bengsabeng]

Then thank the Gods for panic sellers because they make people like me get more profit from hodling for the long-term. I don't get how they are easily panicking over a news that never should get this big but there they are running with their tails in front.

You should rejoice as the market is giving you more opportunity to invest as the market is below $43k after a very long time and i would like to know what will be your entry point. I am of the belief that i am not too confident in investing at this price until the market settles down and there is no way i could predict when these institutional investors will dump their coins.

there is no happiness in today's market conditions, investing today in bitcoin is foolish. The price of bitcoin is still at its peak and has great potential to fall deeply when big investors dump their bitcoins onto the market. buy when bitcoin price is below $ 20k 

[conected]

Then thank the Gods for panic sellers because they make people like me get more profit from hodling for the long-term. I don't get how they are easily panicking over a news that never should get this big but there they are running with their tails in front.

You should rejoice as the market is giving you more opportunity to invest as the market is below $43k after a very long time and i would like to know what will be your entry point. I am of the belief that i am not too confident in investing at this price until the market settles down and there is no way i could predict when these institutional investors will dump their coins.

there is no happiness in today's market conditions, investing today in bitcoin is foolish. The price of bitcoin is still at its peak and has great potential to fall deeply when big investors dump their bitcoins onto the market. buy when bitcoin price is below $ 20k 

- At the moment that we are talking, the peak of bitcoin has been cut very thin by my calculations and the potential for it to go deeper is quite low as a couple of support points are helping bitcoin bounce back quite well, sometimes it is only temporary and can facilitate another selling. But we can still identify this could be an opportunity to buy bitcoin again, price already with resistance will be less dangerous than price going down in a straight line, the price you hope bitcoin will go to is probably too deep and that will cause you to overlook more reasonable prices