Game over to Bitcoin Time to sell all

[Vaskiy]

The market is getting widen with time. This means when one is leaving the market or selling his entire holding another person is bringing fresh money into the network buying Bitcoins. This is a process which means it happens regularly and at some point we'll see more fresh money entering than leaving the market.

Never happens a time to sell all. When there is massive crash due to whale moves, we need to be careful to sell all and buyback. Apart from this there is nothing to sell all thinking about the end market.

[STT]

Its a negative play but its more of a trading situation then anything especially negative fundamentally imo.   A big rise unwinds and is quite normal, now the greatest interest for me is to speculate on the bottom pricing where as before we had many guessing the highest prices.
   We are breaking range, that matters and its will trade further down out of this range but nearby is the 50 week average which I think is the immediate consideration rather then the idea its no longer worth being part of the market.   Its far more profitable to observe and engage both sides of a move, up and down and we'll surely go back up imo

[GideonGono]

It isn't dead yet and it is still fighting so there is still a chance for it to recover,
But we don't know for how long it would take for it to get back to it's ATH price or even make a new ATH record.

[karanggatak]

maybe right now it's crashing but bitcoin still has a future that doesn't mean it's all over, just look at bitcoin's history from 2010 to date, how many times have we experienced bullish and crashes like this year.
bitcoin has a very unique cycle, the price of bitcoin goes up every time the halving event comes so don't conclude that bitcoin will die during a crash like it is today.
just take action if you have big funds to buy bitcoin when it crashes like now so that it can be used for long-term investments.

[Rajamuda]

oh come on, like a human.. it's like an accident that will then recover and move again. No need to be afraid and no need to worry too much, here your trust is being tested which basically bitcoin itself still has high strength.

[rhodelmabanal]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

I saw market is really crashing but it does not mean that we need to sell our holdings. Because the price maybe rise soon. I believe that crypto is high on volatiliy so it maybe crashing today but in the next days it maybe rise again, so it is all up to those who buy when they are going to sell or to stay hold thier bitcoin or altcoins for good.

[tygeade]

People who are scared of bitcoin going up are the same people who are afraid that either their whole wealth will be insignificant achievement due to people ending up with a good profit on crypto much more than what they did in years with hard work, or people who are afraid that there is no way out of the rat race they are in and crypto was just a lie.

Both of them are hurting themselves and not the market, market is fine and will always be fine, we went to 20k in 2017 when it was the first time ever we broke over 1.5k, think about that, bitcoin never broke over 1.5k before 2017 peak and then we reached 20k, then we reached as low as 3k, that is over 80% drop, people were so scared that many believed it will be zero, you know what happened? We broke over 60k recently. So market will be fine, it is the people who think that bitcoin is not a cultural revolution against the fiat domination of the governments to keep our heads down, that's all there is.

[stomachgrowls]

It isn't dead yet and it is still fighting so there is still a chance for it to recover,
But we don't know for how long it would take for it to get back to it's ATH price or even make a new ATH record.

Honestly..Ive been already done with these kind of calls and fuds about bitcoin is over or already dead or something like this as if these people doesnt have already the idea on how this market moves. Arent they familiar nor get used to into the events that could possible happen on this market?

They do keep telling its over, Bitcoin cant make some recovery sell now your coins.People will eventually get some regrets when they are start seeing that the market is starting to recover again and do have in mind if they were just able to buy cheap.

People never ever learn and do just keep on comitting the same mistakes all over again without realizing on what are their mistakes in the past.

[barota]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

personally , i don't know why bitcoin crashing , the bull run is not done everything yet ,i though the trend to 100k per btc is not complete yet . i think prices should rise to 100000 usd per btc , maybe it can a bull trap , the whales want buy cheap bitcoin  , i hope prices to start rising very soon ,everyone should buy if  not then not sell , the bear market already done two time at level 30000 usd , this is can be the bottom

[wheelz1200]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

It's definitely taken that turn.  Dark period I would say no.  2015 was pretty doom and gloom, this is no where near dark.  Markets go bear or bull all the time depending on the economic outlook ahead.  Crypto's future has never been brighter.

[Pamadar]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

It's definitely taken that turn.  Dark period I would say no.  2015 was pretty doom and gloom, this is no where near dark.  Markets go bear or bull all the time depending on the economic outlook ahead.  Crypto's future has never been brighter.

Natural thing that happened in any investment platform, the economy was been hit as covid19 reflects to

each side of the world, at first it helps a lot and bring more people to this industry, but everything needs a break and selling pressure now
is more dominant, investors and traders are observing and waiting for a good time to start investing back.

[cabron]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

It's definitely taken that turn.  Dark period I would say no.  2015 was pretty doom and gloom, this is no where near dark.  Markets go bear or bull all the time depending on the economic outlook ahead.  Crypto's future has never been brighter.

Natural thing that happened in any investment platform, the economy was been hit as covid19 reflects to

each side of the world, at first it helps a lot and bring more people to this industry, but everything needs a break and selling pressure now
is more dominant, investors and traders are observing and waiting for a good time to start investing back.

Those who were pressured into this selling frenzy are probably regretting by now if they sold at a price of $32k. It was really is a crazy market, the fud, and the prices had really made users sell and hope to buy back at $20k. I was thinking of doing the same thing last night. The support on $30k is way healthier than the fud that causes Chinese miners to move to the US.

[STT]

Heres a good place to watch for direction day to day, its closed yesterday's daily BTC bar just under range but the price action just skipped upwards to challenge this area again.   If we do confirm below and close similar to yesterdays bar then its likely to be far more bearish in future.   However if we regain resistance then look at 40k area as possible to regain now.

[onecall123]

It isn't dead yet and it is still fighting so there is still a chance for it to recover,
But we don't know for how long it would take for it to get back to it's ATH price or even make a new ATH record.

In last 24 hours trading history said something similar, up more than $4K after getting under $29K range. Bitcoin will not surrender early, however we need to master to stay safe. Bitcoin market is so much volatile at the present time, dead bounce normal. Bitcoin now at major support level and it should hold to confirm further move. As always play safe.

[zanezane]

In last 24 hours trading history said something similar, up more than $4K after getting under $29K range. Bitcoin will not surrender early, however we need to master to stay safe. Bitcoin market is so much volatile at the present time, dead bounce normal. Bitcoin now at major support level and it should hold to confirm further move. As always play safe.

It looks worse this time of the year because there are a lot of newbies out there that haven't experienced something far worse than the current volatility of the market and so they overreact over things that aren't remotely scary, it's good to play safe but we have to understand that we have to control our emotions and stop being such a whiny bitch, calm your nerves to think what to do next.

[Slow death]

In last 24 hours trading history said something similar, up more than $4K after getting under $29K range. Bitcoin will not surrender early, however we need to master to stay safe. Bitcoin market is so much volatile at the present time, dead bounce normal. Bitcoin now at major support level and it should hold to confirm further move. As always play safe.

It looks worse this time of the year because there are a lot of newbies out there that haven't experienced something far worse than the current volatility of the market and so they overreact over things that aren't remotely scary, it's good to play safe but we have to understand that we have to control our emotions and stop being such a whiny bitch, calm your nerves to think what to do next.

It is natural for anyone to panic when they see the price drop sharply, because the person is losing money. there is no way for a person to remain indifferent by a big price drop, May had that price drop that dropped to $30,000 in a short time, anyone would be scared by the sight of those candles. It is undeniable that in this cryptocurrency market the danger of losing a lot of money quickly is something very big.

[geegaw]

In last 24 hours trading history said something similar, up more than $4K after getting under $29K range. Bitcoin will not surrender early, however we need to master to stay safe. Bitcoin market is so much volatile at the present time, dead bounce normal. Bitcoin now at major support level and it should hold to confirm further move. As always play safe.

It looks worse this time of the year because there are a lot of newbies out there that haven't experienced something far worse than the current volatility of the market and so they overreact over things that aren't remotely scary, it's good to play safe but we have to understand that we have to control our emotions and stop being such a whiny bitch, calm your nerves to think what to do next.

It is natural for anyone to panic when they see the price drop sharply, because the person is losing money. there is no way for a person to remain indifferent by a big price drop, May had that price drop that dropped to $30,000 in a short time, anyone would be scared by the sight of those candles. It is undeniable that in this cryptocurrency market the danger of losing a lot of money quickly is something very big.

Faced with such danger, the strong personalities and best qualities of these market investors are hard to keep intact, maybe we don't want to care but the prices are constantly running in our subconscious and our attention also gradually focuses and worries more. Candles are a nightmare but the rule here is gain and loss, champions also need setbacks to stay motivated, we haven't completely lost and still have time to bounce back, external trauma is just a gentle thing, don't let it form a subconscious trauma

[inoes]

I'm actually afraid if it's true that bitcoin will decline.  because this has a major impact on market conditions.  really !  the market will be bearish.  will we have to wait 4 years for bitcoin to start bullish again?  it's really not a short time.  when it reaches ath will bitcoin create a new ath?  it's something very mysterious.  we just have to use risk management for all decisions

[tippytoes]

I'm actually afraid if it's true that bitcoin will decline.  because this has a major impact on market conditions.  really !  the market will be bearish.  will we have to wait 4 years for bitcoin to start bullish again?  it's really not a short time.  when it reaches ath will bitcoin create a new ath?  it's something very mysterious.  we just have to use risk management for all decisions

We can't say that we will have to wait for another 4 years before the market will be bullish again. Who knows, in the next coming months, btc will bounce again. But 4 years? That's a long wait and I don't think we will wait that long. The adoption is growing everyday, countries like El Salvador, Portugal, Colombia and others are now starting to accept crypto in their system. So I don't think bullish market will be far from the horizon. But up to the user if he will sell now. Just don't regret if the price of btc will be very valuable in the future.

[chshlo1]

 ;DWell, many currencies have adjusted to the starting point of the previous increase, so in order to think that this is just an adjustment of the bull market, which is led by large companies and institutional consortia, the bull market is far from over.