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Question: Can bitcoin prices bounce back?
Yes
No
Buy the dip and hold
Market is crashing get out
Prices will stay at current levels

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Author Topic: 🛑 Can bitcoin prices bounce back? Opinion Poll With Results 🛑  (Read 356 times)
Swag242 (OP)
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April 23, 2021, 01:18:54 PM
 #1

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
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April 23, 2021, 01:47:07 PM
 #2

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

Price seems to follow 4 year cycles. We should be fine but i have to admit that more money betting on it more scarier these dips are. Especially if you are all in it can be furstrating and scary. Ihmo it doesn't hurt to have some stable coins lying around for any opportunities like this.

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April 23, 2021, 01:48:34 PM
 #3

It always has come back. It will continue to do so.

Are you trying to suggest that for all of time the bitcoin price will NEVER again exceed $60,000?  That's got to be about the silliest thing I've heard today.  This entire thread is just a bunch of clowns running in circles.
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April 23, 2021, 01:52:08 PM
 #4

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

A better question is, do you have an argument for it to NOT comeback? A lot of us here know the importance of a peer-to-peer, trustless, scarce, and decentralized currency hence why we simply just buy and hold.

Also taking note that price drops are nothing new, and it would take just looking at the price chart for 30 seconds to realize that.

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April 23, 2021, 01:54:33 PM
 #5

This happens every time, so there's no reason to worry.
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April 23, 2021, 02:16:39 PM
 #6

This is not a reason to worry because the demand for Bitcoin is low in the current market so Bitcoin is decreasing and when the demand for Bitcoin in the market is increasing then Bitcoin will continue to grow again.The current bitcoin costs 49k dollars...
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April 23, 2021, 02:21:20 PM
 #7

I don't get the point of this thread, I am pretty sure that if you look at the overtime performance of bitcoin over the years, I am pretty sure that it will answer the question as to whether bitcoin prices is going to bounce back. The only question that matters is whether did you bought bitcoin now or currently hodling sone amount because you are going to profit when the prices bounce back.

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April 23, 2021, 02:28:26 PM
 #8

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
It is true the price has been going down lately but the reason why I do not expect a crash as big as the one we saw in 2017 is simply the presence of institutional investors, they can buy a lot of bitcoin not only with their own funds but they can even raise money and invest even more in bitcoin.

With this in mind I do not see bitcoin remaining at the current levels for long since the bulls are going to push the price once again above 50k during the next days, you just need to be patient and buy the dip if you have the money to do so.

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April 23, 2021, 03:05:26 PM
 #9

Yes of course, market history will definitely repeat itself.
just relax and find something else to do so you don't worry about the current market conditions.

-= OI =-
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April 23, 2021, 03:10:16 PM
 #10

bitcoin will bounce back, it's just that for now Bitcoin has to rest first. Given the high rise it takes time to recover. But you don't need to worry, many of today's holders are better off leaving the market and some of them are buying at a deep discount. always take advantage of the current market situation to have more Satoshi.

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April 23, 2021, 03:16:50 PM
 #11

From someone who have watch the market closely for about three years especially about Bitcoin and all it entail I will say it is going to bounce back positively and its going to be mind blowing than the raise we see late last year till last two weeks. Just take your time off the market and keep holding.

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April 23, 2021, 03:31:35 PM
 #12

Bitcoin price will bounce back eventually. We just don't know when. For now, it's trying to break the $50k resistance. If it can't, then we could see the price coming down a little more. I guess buying the dip and HODLing is the best option for now.  Grin
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April 23, 2021, 04:37:45 PM
 #13

     Went for the third choice. I see bitcoin bouncing back again and again just like how it did in the past till today. Specially now that very big names and companies have decided to invest into bitcoin and other altcoins out there. Heck, even a joke of a coin like dogecoin managed to go up in price in such a short period because of a single hype. In fact, I even think that 70k is just around the corner watch out for that.

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April 23, 2021, 04:53:04 PM
 #14

I hope that it would bounce back and it wouldn't repeat the same path of 2018,
But I wouldn't mind repeating it if it would also skyrocket after a couple of years and give us a long time of opportunity to accumulate as much as we could.

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April 23, 2021, 06:02:32 PM
 #15

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

The history will alwasys repeat.Now their is a fluctuations in the price bitcoin over a period. It's easy to understand your feelings, since I was in same condition.My holding bitcoin was dragged down to bottom.The price of bitcoin was reduced to 49,000$ from 64,000$.It was a huge difference.Based on the holding bitcoin, all will have a loss for now.If you hold with a patience, the miracle will happen.
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April 23, 2021, 06:09:45 PM
 #16

The price will definitely bounce back here are some of the reasons :

1. Many companies are now investing after the big move by Tesla

2. Governmental approvals are all in

3. People are using it more during the pandemic.

4. It's serving as a single currency for small businesses who are getting work from overseas

5. There are many countries giving a green light to crypto gambling meaning more Investment in that sector

6. Government are implying more taxes which does mean that they are considering crypto for the long haul ! Even though the taxes are a bit too much but that's a whole different story.

... Etc ...

The price will bounce back 100000% you can bet on it ! But when that's a different topic. But most likely in a couple of months.

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April 24, 2021, 04:38:27 AM
 #17

I hope that it would bounce back and it wouldn't repeat the same path of 2018,
But I wouldn't mind repeating it if it would also skyrocket after a couple of years and give us a long time of opportunity to accumulate as much as we could.
Don't worry it won't because if it did so, it should have happened mid-January because that was also the time when the prices did a sharp drop back in 2018. Also no need to hope that it will bounce back because it does and it has proven time and time again that it can really bounce back again.
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April 24, 2021, 04:47:19 AM
 #18

If everyone wishes for the prices to moon again, the fees has to be addressed. Without the widespread adoption of Lightning Network, we're gonna see 3-figures fees and more faucets are gonna die.

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April 24, 2021, 04:51:56 AM
 #19

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

It already has, fell to $47k yesterday, and now stable at $50k
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April 24, 2021, 05:05:11 AM
 #20

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.

A better question is, do you have an argument for it to NOT comeback? A lot of us here know the importance of a peer-to-peer, trustless, scarce, and decentralized currency hence why we simply just buy and hold.

Also taking note that price drops are nothing new, and it would take just looking at the price chart for 30 seconds to realize that.

U just gave an arg for DOGECOIN, or any of the alt 21M (9,000) crypto shit-coins

How about an argument for BTC?

Once BTC loses #1 Capitalization ranking, are you all going to still be calling it the 'one'

I think you left out 'private' the most important thing of all, funny how nobody cares about 'privacy' here, its almost like they all know BTC.gov is a means of control, and not banking freedom

honestly how can you promote the 'myth' of 'decentralized' when you know for a fact that china control +67% of the block-chain formation aka mining

scarce, yep 21M alt-coins by 2025, real scarce this crypto be

...

In all the world, rich people don't flaunt their wealth, that's how you get robbed; Real rich people build walls around their homes so nobody see's what they got

Until BTC makes BITCOIN private and allows a means where addresses cannot be 'blacklisted' by IRS-COINBASE, BITCOIN is a failure to live up to its 2009 promises.
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April 24, 2021, 05:14:06 AM
 #21

as long as the investors understand that the governments are printing a lot of bills to stimulate their economy, the money will keep on going into the market. and the adoption also increases. it could just stay are the current levels for now on $45K-$555, it could just go sideways on this range or it could even dip again as it's really too high for an investment price. it will take up until June or July before going up again and yet this is just my assumption, it may not happen and I could be wrong again.









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April 24, 2021, 06:00:38 AM
 #22

Yes, it can bounce back because what happened during the pandemic show to the users, bitcoin price will soon dump in exchange market. But even though the price of bitcoin want to bounce back can not bounce back to 2016, where many investors where seriously worry about their low profit they where experiencing during the season.
Since bitcoin price started reducing in the exchange market, many customers are still doubting if the price will reduce to $19k before it will go higher to $100k. Based on what we saw concerning other cryptocurrencies show that bitcoin cannot bounce back to $19k before it will rise to $80k.

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April 28, 2021, 05:20:16 PM
 #23

Bitcoin price will bounce back eventually. We just don't know when. For now, it's trying to break the $50k resistance. If it can't, then we could see the price coming down a little more. I guess buying the dip and HODLing is the best option for now.  Grin
Bitcoin bounced back almost immediately and this is a very positive sign, the correction we suffered was natural but it seems people are expecting for the market to go up every single day without any setback and this is not possible at all.

To me this was a deliberate movement by the whales to try to get more coins before the inevitable pump that will come, all the signs are pointing towards even more growth but the whales seem to like this level to accumulate more coins, so the only thing we can do at the moment is to wait for the moment when the whales finally decide to act and pump the price once again.

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April 28, 2021, 05:42:01 PM
 #24

Less than a week after this thread, bitcoin already bounce back from as low as $47k to $54k-$55k today.

So it just shows how bitcoin is resilient it, and for those who doubt bitcoin again and again, please stop, it has proven time and again that it can recover from such crashes and come back strong and will reach another all time high. So let this be a lesson for all of us, not to panic and just wait it out.

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April 28, 2021, 05:48:59 PM
 #25

for those who doubt bitcoin again and again, please stop, it has proven time and again that it can recover from such crashes and come back strong and will reach another all time high. So let this be a lesson for all of us, not to panic and just wait it out.
I guess we will need to keep encountering such things because always new people are joining bitcoin and then this community hence they will keep rising such questions which makes people like you and myself may need to keep answering them so that they also will get confident and may get practiced to such correction and then recovery of bitcoin markets.

Weekly at least two or three topics I'm seeing which are doubting about the future of bitcoins. Still, I will come such discussions because those things might help new people to get enlightened about the future of bitcoins.

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April 28, 2021, 06:35:54 PM
 #26

no need to worry about a temporary drop in prices. we have seen today compared to 3 days ago. yes, 3 days ago many were speculating that the bears have arrived. but I don't believe it. Rather it is a buying opportunity for me. I managed to buy in the $ 49K range, and now it's $ 54K.

If there is a downturn this year, it is an opportunity to buy. don't believe in FUD because you will panic and sell.

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April 28, 2021, 10:24:48 PM
Last edit: April 28, 2021, 11:57:14 PM by STT
 #27

Quote
are you all going to still be calling it the 'one'

Its not top because of a website ranking, BTC has the highest security over various alt coins.   That impacts the size of transaction possible that is still secure so majority of traffic in large amounts will stick with the most secure blockchain, its a self reinforcing type of thing.
   I'd say with the current move it bounces back until 50 DMA is reached and then we begin a proper fight between bulls and bears.   He is a good chart I saw posted that shows volume weighted averages:
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April 29, 2021, 08:02:08 AM
 #28

bitcoin will bounce back even higher than its price some time ago. I see now that bitcoin correction does not bode as a downturn, but as one thing for bitcoin to fly higher in the near future. believe bitcoin will bounce back
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April 29, 2021, 08:16:22 AM
 #29

bitcoin will bounce back even higher than its price some time ago. I see now that bitcoin correction does not bode as a downturn, but as one thing for bitcoin to fly higher in the near future. believe bitcoin will bounce back
Bitcoin needs more time to lift the price again and while the price is still at the current price, maybe we can try to take a look at altcoin because some altcoin can increase. I believe bitcoin can bounce up and as other people do, I am trying to buy some satoshi at a low price and hold it for a while. It seems the correction will still happen this month, and although we do not know when it will end, we do not have to worry because, in the end, the bitcoin price will increase more.

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April 29, 2021, 11:54:35 AM
 #30

bitcoin will bounce back even higher than its price some time ago. I see now that bitcoin correction does not bode as a downturn, but as one thing for bitcoin to fly higher in the near future. believe bitcoin will bounce back

That indeed is what we are all hoping for but as I often like to remind my circle of friends,,, hope alone does not carry us to where we want to be.

Let the markets bring the right price. Our job is simply to keep using Bitcoin and not just hodl it for the sake of it. Long term BTC price is up but only if long term usage is also up!

.
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April 29, 2021, 12:41:41 PM
 #31

bitcoin will bounce back even higher than its price some time ago. I see now that bitcoin correction does not bode as a downturn, but as one thing for bitcoin to fly higher in the near future. believe bitcoin will bounce back
Bitcoin will bounce back and I am not having any doubt on that but right now bitcoin is struggling to break the resistance levels around $55k to $57k which remains strong these days and once bitcoin breaking these levels and sustaining above $60 levels will lead to continuation of bull run. It seems bitcoin need some external help right away because bitcoin is waiting for any good news for its progress.

Bitcoin may test $80 levels in next month but right now it is into sideways movements. It is common for any market because when there are significant number of traders are into profit booking against new investors, this type of sideways do happen.

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April 30, 2021, 12:11:53 PM
 #32

bitcoin will bounce back even higher than its price some time ago. I see now that bitcoin correction does not bode as a downturn, but as one thing for bitcoin to fly higher in the near future. believe bitcoin will bounce back
Definitely, just look at the charts of bitcoin prices, there are downs followed by a big pump so definitely the price is going to bounce back. And to everyone who checks the prices everyday, stop doing that because you just feel unnecessary anxiety looking at the prices going negative, remember the rule of the market, it will only go up in the long-term.
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April 30, 2021, 06:37:30 PM
 #33

Surprisingly now, Bitcoin is having a very pleasant recovery, at the moment it is going for $ 57k, it could be said that the price is finally recovering satisfactorily, this has taken traders by surprise:


Quote
Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD climbing 5% in hours on Friday to come within inches of a green monthly close for April.

At press time, $57,000 still formed a focus, with the pair needing to clinch $58,800 to avoid April's monthly candle turning red.

Source: https://cointelegraph.com/news/bitcoin-hits-57k-in-surprise-surge-to-almost-erase-april-btc-price-crash

Of course, you cannot claim victory that the recovery of Bitcoin will begin again, it may be a small bullish trap, it is very common in the market.

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May 02, 2021, 02:22:41 PM
 #34

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
It bounced back already and holding around $57K, before asking any question you can analyze the possible reasons for it then you can identify whether it can be a short term down trend or the beginning of bearish trend but we didn't see anything like bearish all just happened due to the miners out of electricity which increased the transaction fee to the level which is expected by no one but still the price bounced back when the normal hash is yet to come so we can expect further increase in BTC price.

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May 02, 2021, 03:07:50 PM
 #35

In clear weather conditions again.  The most important and biggest difference this year compared to other volatility cycles is that institutional investors, after correcting their volatility at $ 47k last week, total market cap  on CMC shows that.  is a significant drop from this audience.  

However, they came back and recovered very quickly.  Trends are still supported.  I will not worry, just continue to phase 2. I believe they will buy very strongly at $ 50-55k.  Before bitcoin can rise to the new ATH level, it must be kept and maintained at this level.
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May 02, 2021, 03:27:55 PM
 #36

I am nervous about it. While I believe it will go up again and break 60K again I do wonder if it has the strength to continue to rise or are we seeing a general slow down.
My hope for the year was to see 100K that means we need to see about 75% growth
I am wondering if I would be better moving my holdings to other coins and try and get a 2X that way
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May 02, 2021, 07:22:29 PM
 #37

It bounced back already and holding around $57K, before asking any question you can analyze the possible reasons for it then you can identify whether it can be a short term down trend or the beginning of bearish trend
Most people here are not interested for doing their own analysis but they are just curious on another's opinion. At some point, few people started thinking about beginning of bearish trend because bitcoin has fallen more than 20% at those times. So, no wonder from OP to be coming up with such a question here.

I'm not seeing any big reasons for bitcoin to be having very short bull run this year unlike of all previous bull run. So, we can remain calm by making use of all available dips to buy more. It is time for FOMO to happen but it is getting delayed for unknown reasons still we have plenty of time left for FOMO and then final ATH to happen.
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May 04, 2021, 05:23:00 PM
 #38

Less than a week after this thread, bitcoin already bounce back from as low as $47k to $54k-$55k today.

So it just shows how bitcoin is resilient it, and for those who doubt bitcoin again and again, please stop, it has proven time and again that it can recover from such crashes and come back strong and will reach another all time high. So let this be a lesson for all of us, not to panic and just wait it out.
And people like us knew this was going to eventually happen, after all we know how strong bitcoin really is and I was never really worried about the drop in price that we saw a week ago, but newbies are very easily influenced by everything that they read in social media which means that as soon as they begin to see all kind of news that indicates the price of bitcoin is going to keep going down they sell their coins, lose their money and then they realize they had been played.

But by the time that they realize this it is simply too late and they are left with two very difficult options to take which is to buy at the current price which is higher than the price at which they sold or to stay out of the market hoping that the price goes down, which as we know it is a terrible mistake especially when we are in the middle of a bull market.

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May 05, 2021, 12:32:55 PM
 #39

Less than a week after this thread, bitcoin already bounce back from as low as $47k to $54k-$55k today.

So it just shows how bitcoin is resilient it, and for those who doubt bitcoin again and again, please stop, it has proven time and again that it can recover from such crashes and come back strong and will reach another all time high. So let this be a lesson for all of us, not to panic and just wait it out.
And people like us knew this was going to eventually happen, after all we know how strong bitcoin really is and I was never really worried about the drop in price that we saw a week ago, but newbies are very easily influenced by everything that they read in social media which means that as soon as they begin to see all kind of news that indicates the price of bitcoin is going to keep going down they sell their coins, lose their money and then they realize they had been played.
Yes, for us, or for those who have seen the last bull and bear market, we are not going to doubt bitcoin. We are still in the bullish trend, that's why when we had such crashes, the price will bounce back again and again.

But by the time that they realize this it is simply too late and they are left with two very difficult options to take which is to buy at the current price which is higher than the price at which they sold or to stay out of the market hoping that the price goes down, which as we know it is a terrible mistake especially when we are in the middle of a bull market.
It's going to be a learning curve for newbies, but in no time I'm sure that they will really from their mistakes. They are not going to have the experience under their belt, not to panic and sell and it's not going to be difficult for them to just hold and not worry about these kind of flash crash.

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May 05, 2021, 01:04:18 PM
 #40

Bitcoin can bounce back to the high price but after bitcoin reaches the high price, it will go down and make a correction so you do not need to surprise or shock if you see the price goes down. If you see that happen to the market, you should buy the dip and hold and do not panic by selling your bitcoin right away because you will regret it later, especially if the bitcoin price starts increasing and reaching the next highest price. The price now seems are waiting for a sign to start increase again but we do not know for sure, so we need to be careful.

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May 10, 2021, 11:57:05 PM
 #41

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
I know that you are still a newbie in cryptocurrency based on your question, so for the newcomer in crypto, they should learn anything, be smart people, the decision in your not from people, don't just join in crypto because your friend or your family have the success story, but you should educate yourself to become successful like them. Never stop learning about Bitcoin, Blockchain and anything else

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LUCKMCFLY
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May 14, 2021, 06:09:36 PM
 #42

At these times the price of Bitcoin is showing great recovery due to the huge FUD that Elon Musk has made, however the effort of the bears has decreased, the bulls are stabilizing the price for $ 50k, which is a price level that can give security to many investors:



Quote
From the technical point of view, the rise may continue as the growth has been supported by increased buying trading volume. If bulls can fix above $50,000 by tomorrow, there are chances to get to the mirror level at $53,500 shortly.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-14

This type of analysis is very good, it gives an optimistic vision for the short term, it is just a matter of waiting, I think many will feel calm if the price of BTC is above $50k, if it is $53k that it reaches today it would be something spectacular.

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TheEconomists
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May 14, 2021, 09:03:59 PM
 #43

It is normal for the price of Bitcoin to drop and that is not something new to some of us. The of Bitcoin value is a in disguise to some people who are looking for an entry point to buy at the cheaper rate.
Wawa2013
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May 14, 2021, 09:47:52 PM
 #44

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
I know that you are still a newbie in cryptocurrency based on your question, so for the newcomer in crypto, they should learn anything, be smart people, the decision in your not from people, don't just join in crypto because your friend or your family have the success story, but you should educate yourself to become successful like them. Never stop learning about Bitcoin, Blockchain and anything else

Sometimes most newbies who join the crypto world are influenced by other people's success stories. And think that making profit from Bitcoin
can be obtained instantly, so it will panic for newbies if they see the current decline in Bitcoin prices. Even if newbie learn Bitcoin properly,
surely they will understand Bitcoin will always recover every time it has a price decline. So I believe Bitcoin prices will bounce back, so there is
no need to sell the Bitcoin that we have today, because the Bitcoin price will definitely go up again.

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Distinctin
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May 14, 2021, 10:57:55 PM
 #45

At these times the price of Bitcoin is showing great recovery due to the huge FUD that Elon Musk has made, however the effort of the bears has decreased, the bulls are stabilizing the price for $ 50k, which is a price level that can give security to many investors:



Quote
From the technical point of view, the rise may continue as the growth has been supported by increased buying trading volume. If bulls can fix above $50,000 by tomorrow, there are chances to get to the mirror level at $53,500 shortly.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-14

This type of analysis is very good, it gives an optimistic vision for the short term, it is just a matter of waiting, I think many will feel calm if the price of BTC is above $50k, if it is $53k that it reaches today it would be something spectacular.
That still remains strong and I don't believe that Elon can manipulate this.

Although it drops below $50k at this moment, I really don't think that it even goes badly coz many were still buying and investing Bitcoin. What I foresaw is that the price went go back again next week. There is something it needs to fix especially the minds of the people who been manipulated by Elon Musk. They become now the puppet of this influencer and I hope they will open up their minds and realized what Elon Musk did to them.

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Kong Hey Pakboy
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May 15, 2021, 04:02:33 AM
 #46

Bitcoin can bounce back to the high price but after bitcoin reaches the high price, it will go down and make a correction so you do not need to surprise or shock if you see the price goes down. If you see that happen to the market, you should buy the dip and hold and do not panic by selling your bitcoin right away because you will regret it later, especially if the bitcoin price starts increasing and reaching the next highest price. The price now seems are waiting for a sign to start increase again but we do not know for sure, so we need to be careful.
Only time that I think someone gets shocked with the prices going down was back when the prices are still really cheap, I think that with a decade behind it's back, we shouldn't be surprised that bitcoin goes down because it will eventually go up. The people.who panic sell are stupid and greedy people that thinks that bitcoin is a money making machine and you don't want to be that person, have some faith and you will be rewarded.

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macson
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May 15, 2021, 05:16:19 AM
 #47

snip
Only time that I think someone gets shocked with the prices going down was back when the prices are still really cheap, I think that with a decade behind it's back, we shouldn't be surprised that bitcoin goes down because it will eventually go up. The people.who panic sell are stupid and greedy people that thinks that bitcoin is a money making machine and you don't want to be that person, have some faith and you will be rewarded.
i agree with what you wrote....those who panic sell, are too greedy and just think Bitcoin is the fastest way to get rich so that when the price of Bitcoin drops they immediately panic because it doesn't match their expectations.

we all have to remember that "Bitcoin makes you free from bank snare, if it makes you rich then it's just a bonus".

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May 15, 2021, 05:47:52 AM
 #48



Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
2 weeks after your thread bitcoin suddenly being dumped by a traitor named Elon Musk  Grin and now struggling to even climb 50,000 again but at least did not completely collapse after the tweet.

It is normal for the price of Bitcoin to drop and that is not something new to some of us. The of Bitcoin value is a in disguise to some people who are looking for an entry point to buy at the cheaper rate.
It is normal to drop the value when there are big issue comes and this time it is Tesla's back outing from accepting Bitcoin as a payment.









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Chato1977
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May 15, 2021, 07:12:53 AM
 #49

Bitcoin seems to be trending going down lately. Do you have an argument for its comeback, leave a comment.
Not at the moment mate, maybe there will be some time before this will come back again to its momentum.
It is normal for the price of Bitcoin to drop and that is not something new to some of us. The of Bitcoin value is a in disguise to some people who are looking for an entry point to buy at the cheaper rate.
If that was your plan then better take it now or be late next time.
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May 15, 2021, 09:25:51 AM
 #50

Only time that I think someone gets shocked with the prices going down was back when the prices are still really cheap, I think that with a decade behind it's back, we shouldn't be surprised that bitcoin goes down because it will eventually go up. The people.who panic sell are stupid and greedy people that thinks that bitcoin is a money making machine and you don't want to be that person, have some faith and you will be rewarded.
i agree with what you wrote....those who panic sell, are too greedy and just think Bitcoin is the fastest way to get rich so that when the price of Bitcoin drops they immediately panic because it doesn't match their expectations.
They were the inspiration for that meme that I forgot the name was that was talking about how they want a lambo after investing in bitcoin for a day. The reason that they are greedy is that they thought that they can be the next instant millionaire like what happened to the early adopters.

we all have to remember that "Bitcoin makes you free from bank snare, if it makes you rich then it's just a bonus".
Amen to that brother.

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May 15, 2021, 02:06:42 PM
 #51

Bitcoin can bounce back to the high price but after bitcoin reaches the high price, it will go down and make a correction so you do not need to surprise or shock if you see the price goes down. If you see that happen to the market, you should buy the dip and hold and do not panic by selling your bitcoin right away because you will regret it later, especially if the bitcoin price starts increasing and reaching the next highest price. The price now seems are waiting for a sign to start increase again but we do not know for sure, so we need to be careful.
Only time that I think someone gets shocked with the prices going down was back when the prices are still really cheap, I think that with a decade behind it's back, we shouldn't be surprised that bitcoin goes down because it will eventually go up. The people.who panic sell are stupid and greedy people that thinks that bitcoin is a money making machine and you don't want to be that person, have some faith and you will be rewarded.
When bitcoin prices can go up or down, some people are still shocked because they are not expecting to see bitcoin prices move to that price. It is out of their expectation to see that bitcoin but they are wrong because bitcoin price can go to any price without telling us. The panic people will not think about that moment because they only want to save their money, not going down too deep. But if the price can increase, they will not sell their bitcoin because they want to make a bigger profit.

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Xinarae*
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May 17, 2021, 03:52:38 AM
 #52

snip
Only time that I think someone gets shocked with the prices going down was back when the prices are still really cheap, I think that with a decade behind it's back, we shouldn't be surprised that bitcoin goes down because it will eventually go up. The people.who panic sell are stupid and greedy people that thinks that bitcoin is a money making machine and you don't want to be that person, have some faith and you will be rewarded.
i agree with what you wrote....those who panic sell, are too greedy and just think Bitcoin is the fastest way to get rich so that when the price of Bitcoin drops they immediately panic because it doesn't match their expectations.

we all have to remember that "Bitcoin makes you free from bank snare, if it makes you rich then it's just a bonus".
There is nothing to panic about investing in bitcoin great opportunity to develop in bitcoin. During this time many traders will panic and sell their currencies but when the market rises again they will fall into loss the market is not stable but the demand for this popular currency which is very popular in the bitcoin crypto market is always high so it will not go down too much. We have to wait until the market rises.
proudhon
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May 17, 2021, 01:49:23 PM
 #53

Obviously "no".

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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